{ "ticker": { "uuid": "a6809894-8a14-411d-beaa-5f456802b191", "symbol": "3284", "name": "Top High Image Corp.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 27.43, "architecture_energy": 24.598, "architecture_maturity": 69.147, "architecture_confidence": 77.145, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 55.37, "rotation_up": 21.74, "upward_expansion": 54.57, "deceleration": 91.11, "rotation_down": 37.85, "downward_expansion": 20.57 }, "activity_lines": [ 21.786667, 23.371505, 21.900476, 21.045909 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 22.9, "trend_reference": 20.322472, "distance_from_trend": 0.126831, "trend_direction": "Improving", "fair_value": 23.219011, "distance_from_fair_value": -0.013739, "fair_value_direction": "Improving", "relative_strength": -22.28301, "relative_strength_direction": "Improving", "price_momentum": 0.054378, "excess_performance": -0.386994, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.126831, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.050051, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.013739, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.30232, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.22283, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.291463, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.054378, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.733266, "read": "Demand-led" } ], "volume": { "latest": 2284730, "relative_activity": 0.714359, "balance": 2.733266, "dry_up": 0.58887, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.170963, "annualized_volatility": 0.702406, "from_high_reference": -0.29174, "from_low_reference": 0.52299 }, "levels": { "trend_reference": 20.322472, "fair_value_reference": 23.219011, "structural_low": 15.036207, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.004717, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.007837, "regime_survival": 0.416667, "best_return": 0.308917, "worst_return": -0.076087, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.021988, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.036489, "regime_survival": 0.166667, "best_return": 0.075529, "worst_return": -0.188904, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.011278, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.002442, "regime_survival": 0.2, "best_return": 0.224334, "worst_return": -0.175693, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.210526, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.268753, "regime_survival": 0.0, "best_return": 1.54099, "worst_return": -0.300657, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-09-20", "tenure": "Extended", "return": 1.581603, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-27", "end": "2024-10-25", "tenure": "Developing", "return": -0.027741, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.02439, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-02-14", "tenure": "Developing", "return": 0.098361, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.164659, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.110476, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": -0.027778, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-09-05", "tenure": "Established", "return": 0.030846, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.150659, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2026-01-09", "tenure": "Established", "return": -0.101996, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-16", "end": "2026-06-19", "tenure": "Established", "return": 0.096618, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.027257, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": -0.283951, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": 0.080189, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 13.259022, "volume": 906858, "typical_volume": 1991107.95, "trend": 12.515832, "fair_value": 10.829617, "relative_strength": 1.30897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.808859, "energy": 46.110379, "activity_lines": [ 14.442863, 14.244121, 13.594443, 13.121204 ] }, { "date": "2023-08-18", "close": 12.824946, "volume": 576441, "typical_volume": 1998239.25, "trend": 12.568447, "fair_value": 10.849601, "relative_strength": -0.899974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.710742, "energy": 17.761096, "activity_lines": [ 13.735189, 14.062599, 13.568511, 13.141146 ] }, { "date": "2023-08-25", "close": 12.754465, "volume": 400832, "typical_volume": 2011862.75, "trend": 12.616082, "fair_value": 10.869639, "relative_strength": -2.252433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.915871, "energy": 23.780824, "activity_lines": [ 13.230266, 13.862522, 13.530981, 13.153148 ] }, { "date": "2023-09-01", "close": 12.834682, "volume": 360090, "typical_volume": 2014475.75, "trend": 12.667707, "fair_value": 10.899297, "relative_strength": -2.484004, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.140674, "energy": 26.269269, "activity_lines": [ 12.940935, 13.670419, 13.495977, 13.167251 ] }, { "date": "2023-09-08", "close": 12.834682, "volume": 274187, "typical_volume": 1955327.45, "trend": 12.7167, "fair_value": 10.924402, "relative_strength": -1.743772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.141688, "energy": 23.269401, "activity_lines": [ 12.84563, 13.471682, 13.456229, 13.178023 ] }, { "date": "2023-09-15", "close": 13.275874, "volume": 1406246, "typical_volume": 1871901.5, "trend": 12.783031, "fair_value": 10.954612, "relative_strength": -0.246484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.842721, "energy": 14.347434, "activity_lines": [ 12.970401, 13.342222, 13.456198, 13.214099 ] }, { "date": "2023-09-22", "close": 12.87479, "volume": 1009673, "typical_volume": 1878409.05, "trend": 12.834677, "fair_value": 10.97871, "relative_strength": 0.439963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.339575, "energy": 10.145508, "activity_lines": [ 12.960355, 13.151011, 13.416761, 13.220019 ] }, { "date": "2023-09-29", "close": 12.794573, "volume": 216525, "typical_volume": 1853816.85, "trend": 12.884964, "fair_value": 11.004064, "relative_strength": 0.025615, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.432724, "energy": 8.301461, "activity_lines": [ 12.920246, 13.006013, 13.368882, 13.217432 ] }, { "date": "2023-10-06", "close": 13.356091, "volume": 602507, "typical_volume": 1863737.1, "trend": 12.955284, "fair_value": 11.034282, "relative_strength": 3.555388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.97223, "energy": 10.123432, "activity_lines": [ 13.064636, 13.013884, 13.373687, 13.247827 ] }, { "date": "2023-10-13", "close": 12.995116, "volume": 287132, "typical_volume": 1855927.45, "trend": 13.017518, "fair_value": 11.061428, "relative_strength": -0.688628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.39971, "energy": 6.455706, "activity_lines": [ 13.053941, 12.99956, 13.340269, 13.250397 ] }, { "date": "2023-10-20", "close": 12.834682, "volume": 633103, "typical_volume": 1800105.8, "trend": 13.04415, "fair_value": 11.088051, "relative_strength": 0.260703, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.271682, "energy": 7.360663, "activity_lines": [ 12.979072, 12.973061, 13.289257, 13.238601 ] }, { "date": "2023-10-27", "close": 13.596742, "volume": 1021440, "typical_volume": 1801021.35, "trend": 13.104076, "fair_value": 11.113488, "relative_strength": 8.165014, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.323796, "energy": 9.349538, "activity_lines": [ 13.187636, 13.092834, 13.309837, 13.274252 ] }, { "date": "2023-11-03", "close": 13.235766, "volume": 588386, "typical_volume": 1788604.0, "trend": 13.155916, "fair_value": 11.123963, "relative_strength": 2.938715, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.824407, "energy": 6.215529, "activity_lines": [ 13.227744, 13.132943, 13.29086, 13.282748 ] }, { "date": "2023-11-10", "close": 13.476416, "volume": 637811, "typical_volume": 1797852.8, "trend": 13.210516, "fair_value": 11.133957, "relative_strength": 3.690058, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.283958, "energy": 9.318814, "activity_lines": [ 13.318657, 13.208055, 13.290778, 13.303426 ] }, { "date": "2023-11-17", "close": 13.596742, "volume": 1202664, "typical_volume": 1826905.7, "trend": 13.252027, "fair_value": 11.149275, "relative_strength": 1.39919, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.136551, "energy": 22.543537, "activity_lines": [ 13.441656, 13.293376, 13.297362, 13.328343 ] }, { "date": "2023-11-24", "close": 13.676958, "volume": 902586, "typical_volume": 1638367.15, "trend": 13.273851, "fair_value": 11.162832, "relative_strength": 1.399573, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.305809, "energy": 31.981836, "activity_lines": [ 13.551285, 13.379427, 13.305093, 13.355758 ] }, { "date": "2023-12-01", "close": 13.63685, "volume": 807266, "typical_volume": 1007143.05, "trend": 13.304861, "fair_value": 11.175119, "relative_strength": 0.1358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.180742, "energy": 36.063615, "activity_lines": [ 13.591394, 13.450893, 13.310019, 13.379178 ] }, { "date": "2023-12-08", "close": 14.39891, "volume": 1826356, "typical_volume": 972059.15, "trend": 13.363903, "fair_value": 11.192544, "relative_strength": 5.998735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.841632, "energy": 56.045433, "activity_lines": [ 13.882848, 13.647059, 13.399818, 13.449761 ] }, { "date": "2023-12-15", "close": 14.278584, "volume": 855514, "typical_volume": 862820.05, "trend": 13.421565, "fair_value": 11.211475, "relative_strength": 3.292991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.319906, "energy": 62.122924, "activity_lines": [ 14.056651, 13.792179, 13.483815, 13.508773 ] }, { "date": "2023-12-22", "close": 14.238474, "volume": 618981, "typical_volume": 756729.9, "trend": 13.479206, "fair_value": 11.231919, "relative_strength": 3.32447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.687965, "energy": 65.744571, "activity_lines": [ 14.163606, 13.913233, 13.570975, 13.561477 ] }, { "date": "2023-12-29", "close": 13.155551, "volume": 2135849, "typical_volume": 818179.45, "trend": 13.496803, "fair_value": 11.247698, "relative_strength": -6.207137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.798347, "energy": 31.736114, "activity_lines": [ 13.866805, 13.814785, 13.553531, 13.540596 ] }, { "date": "2024-01-05", "close": 14.960426, "volume": 3605644, "typical_volume": 969639.6, "trend": 13.578509, "fair_value": 11.277829, "relative_strength": 8.973137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.407643, "energy": 47.040161, "activity_lines": [ 14.206389, 14.038663, 13.708472, 13.635023 ] }, { "date": "2024-01-12", "close": 14.519235, "volume": 2916053, "typical_volume": 1095400.65, "trend": 13.649454, "fair_value": 11.300579, "relative_strength": 5.797738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.009718, "energy": 37.758799, "activity_lines": [ 14.310671, 14.15753, 13.811226, 13.695715 ] }, { "date": "2024-01-19", "close": 15.160968, "volume": 1891138, "typical_volume": 1171953.05, "trend": 13.73916, "fair_value": 11.324407, "relative_strength": 9.155282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.999748, "energy": 45.297643, "activity_lines": [ 14.620842, 14.369739, 13.966694, 13.793232 ] }, { "date": "2024-01-26", "close": 15.361511, "volume": 2606560, "typical_volume": 1288571.7, "trend": 13.843443, "fair_value": 11.351797, "relative_strength": 8.419507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.395279, "energy": 70.424248, "activity_lines": [ 14.939036, 14.587783, 14.130183, 13.8979 ] }, { "date": "2024-02-02", "close": 16.564762, "volume": 3049028, "typical_volume": 1370710.8, "trend": 13.932588, "fair_value": 11.387659, "relative_strength": 15.942736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.866646, "energy": 80.541547, "activity_lines": [ 15.583444, 14.992513, 14.396235, 14.073469 ] }, { "date": "2024-02-09", "close": 16.163677, "volume": 570737, "typical_volume": 1348764.0, "trend": 13.930756, "fair_value": 11.422215, "relative_strength": 12.460899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.589028, "energy": 80.084419, "activity_lines": [ 15.866876, 15.271813, 14.608428, 14.21741 ] }, { "date": "2024-02-16", "close": 16.965847, "volume": 1419192, "typical_volume": 1408897.35, "trend": 13.97671, "fair_value": 11.463178, "relative_strength": 14.293629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.017748, "energy": 85.528401, "activity_lines": [ 16.337481, 15.65102, 14.881356, 14.413223 ] }, { "date": "2024-02-23", "close": 17.487255, "volume": 3942202, "typical_volume": 1575882.1, "trend": 14.034782, "fair_value": 11.507736, "relative_strength": 15.504073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.15156, "energy": 86.334144, "activity_lines": [ 16.818782, 16.078357, 15.184079, 14.639709 ] }, { "date": "2024-03-01", "close": 17.727905, "volume": 2492413, "typical_volume": 1686146.15, "trend": 14.161383, "fair_value": 11.555355, "relative_strength": 16.210275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.98284, "energy": 83.296535, "activity_lines": [ 17.225213, 16.491108, 15.490048, 14.877975 ] }, { "date": "2024-03-08", "close": 19.933865, "volume": 8882314, "typical_volume": 2098606.7, "trend": 14.383878, "fair_value": 11.617114, "relative_strength": 24.221451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.886894, "energy": 93.986926, "activity_lines": [ 18.209205, 17.2415, 15.983572, 15.250394 ] }, { "date": "2024-03-15", "close": 19.53278, "volume": 16376032, "typical_volume": 2866336.3, "trend": 14.607473, "fair_value": 11.681108, "relative_strength": 21.573059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.688271, "energy": 78.751759, "activity_lines": [ 18.834895, 17.795724, 16.405092, 15.582581 ] }, { "date": "2024-03-22", "close": 20.174517, "volume": 3027847, "typical_volume": 2988309.35, "trend": 14.854808, "fair_value": 11.748711, "relative_strength": 21.488456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.458648, "energy": 76.620278, "activity_lines": [ 19.449891, 18.383494, 16.859463, 15.941745 ] }, { "date": "2024-03-29", "close": 19.813541, "volume": 1326227, "typical_volume": 3022730.15, "trend": 15.087436, "fair_value": 11.809952, "relative_strength": 18.281689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.643491, "energy": 71.155109, "activity_lines": [ 19.73065, 18.802809, 17.246413, 16.261663 ] }, { "date": "2024-04-05", "close": 20.294842, "volume": 2677168, "typical_volume": 3096455.35, "trend": 15.336108, "fair_value": 11.873519, "relative_strength": 20.169026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.21022, "energy": 66.139409, "activity_lines": [ 20.016757, 19.225041, 17.649025, 16.597625 ] }, { "date": "2024-04-12", "close": 22.300262, "volume": 10262675, "typical_volume": 3564459.8, "trend": 15.636921, "fair_value": 11.945388, "relative_strength": 28.514169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.851181, "energy": 68.703939, "activity_lines": [ 20.800208, 19.922198, 18.210734, 17.046925 ] }, { "date": "2024-04-19", "close": 24.466112, "volume": 6196908, "typical_volume": 3833941.9, "trend": 16.023299, "fair_value": 12.032153, "relative_strength": 48.157852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.825733, "energy": 77.235251, "activity_lines": [ 22.147849, 20.908864, 18.93765, 17.61655 ] }, { "date": "2024-04-26", "close": 27.273701, "volume": 17483381, "typical_volume": 4616793.15, "trend": 16.505936, "fair_value": 12.135903, "relative_strength": 58.416755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.615696, "energy": 90.950288, "activity_lines": [ 24.102464, 22.255048, 19.880388, 18.342383 ] }, { "date": "2024-05-03", "close": 27.233595, "volume": 9879045, "typical_volume": 5067969.7, "trend": 16.96852, "fair_value": 12.240661, "relative_strength": 54.720915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.857536, "energy": 90.925007, "activity_lines": [ 25.570432, 23.406523, 20.757998, 19.03449 ] }, { "date": "2024-05-10", "close": 25.950123, "volume": 4602374, "typical_volume": 5267139.35, "trend": 17.400353, "fair_value": 12.337192, "relative_strength": 43.338251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.959121, "energy": 85.350592, "activity_lines": [ 26.115906, 24.147435, 21.451682, 19.613948 ] }, { "date": "2024-05-17", "close": 27.835218, "volume": 5915657, "typical_volume": 5456129.75, "trend": 17.900371, "fair_value": 12.447071, "relative_strength": 48.038077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.419761, "energy": 84.269835, "activity_lines": [ 26.912725, 25.081595, 22.269129, 20.287165 ] }, { "date": "2024-05-24", "close": 26.672077, "volume": 4314064, "typical_volume": 5491550.75, "trend": 18.336216, "fair_value": 12.552277, "relative_strength": 38.392543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.55133, "energy": 64.935567, "activity_lines": [ 26.952834, 25.660615, 22.905898, 20.853082 ] }, { "date": "2024-05-31", "close": 27.394026, "volume": 3655069, "typical_volume": 5528501.55, "trend": 18.808158, "fair_value": 12.662111, "relative_strength": 43.107542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.034168, "energy": 61.581561, "activity_lines": [ 27.086529, 26.241093, 23.555654, 21.437456 ] }, { "date": "2024-06-07", "close": 32.166924, "volume": 7484302, "typical_volume": 5808159.75, "trend": 19.431175, "fair_value": 12.80254, "relative_strength": 60.289851, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.926695, "energy": 71.095092, "activity_lines": [ 28.803168, 27.558106, 24.598663, 22.299312 ] }, { "date": "2024-06-14", "close": 31.485079, "volume": 6359303, "typical_volume": 5995796.9, "trend": 20.027452, "fair_value": 12.940117, "relative_strength": 50.238866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.261308, "energy": 68.57494, "activity_lines": [ 29.963636, 28.526541, 25.495753, 23.076984 ] }, { "date": "2024-06-21", "close": 30.241718, "volume": 3551512, "typical_volume": 6020921.1, "trend": 20.579611, "fair_value": 13.070481, "relative_strength": 38.019026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.278917, "energy": 64.04844, "activity_lines": [ 30.340654, 29.065451, 26.19765, 23.735968 ] }, { "date": "2024-06-28", "close": 31.28454, "volume": 2559490, "typical_volume": 6120358.75, "trend": 21.167867, "fair_value": 13.207025, "relative_strength": 42.304665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.173568, "energy": 64.736001, "activity_lines": [ 30.904846, 29.649575, 26.933734, 24.426609 ] }, { "date": "2024-07-05", "close": 32.888874, "volume": 3029023, "typical_volume": 6200850.3, "trend": 21.7842, "fair_value": 13.355371, "relative_strength": 44.632908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.775379, "energy": 64.879482, "activity_lines": [ 31.696318, 30.401425, 27.750608, 25.182803 ] }, { "date": "2024-07-12", "close": 35.375595, "volume": 6948869, "typical_volume": 6351183.65, "trend": 22.487433, "fair_value": 13.519657, "relative_strength": 51.59175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.908362, "energy": 67.533738, "activity_lines": [ 32.950374, 31.503312, 28.728489, 26.059667 ] }, { "date": "2024-07-19", "close": 37.220573, "volume": 7465474, "typical_volume": 6599836.7, "trend": 23.253503, "fair_value": 13.696529, "relative_strength": 64.495331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.398434, "energy": 72.924482, "activity_lines": [ 34.605511, 32.792613, 29.796899, 27.010192 ] }, { "date": "2024-07-26", "close": 37.661774, "volume": 2013465, "typical_volume": 6256394.25, "trend": 24.070377, "fair_value": 13.875217, "relative_strength": 69.47974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.431632, "energy": 81.725885, "activity_lines": [ 36.025349, 33.957215, 30.814506, 27.939758 ] }, { "date": "2024-08-02", "close": 42.194016, "volume": 13375251, "typical_volume": 6106355.2, "trend": 24.978164, "fair_value": 14.081946, "relative_strength": 90.012413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.58482, "energy": 87.60874, "activity_lines": [ 38.461264, 35.767196, 32.179337, 29.109025 ] }, { "date": "2024-08-09", "close": 39.546867, "volume": 7344266, "typical_volume": 6322176.15, "trend": 25.812418, "fair_value": 14.271959, "relative_strength": 76.052032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.368808, "energy": 64.774759, "activity_lines": [ 39.287497, 36.813661, 33.184148, 30.048942 ] }, { "date": "2024-08-16", "close": 53.504578, "volume": 30745663, "typical_volume": 7793147.95, "trend": 27.090538, "fair_value": 14.552204, "relative_strength": 122.225426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.303047, "energy": 75.135233, "activity_lines": [ 44.322435, 40.17693, 35.426015, 31.835532 ] }, { "date": "2024-08-23", "close": 47.167461, "volume": 6928864, "typical_volume": 8005732.75, "trend": 28.150737, "fair_value": 14.791573, "relative_strength": 92.93004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.647988, "energy": 66.5676, "activity_lines": [ 46.036402, 42.000039, 36.903914, 33.130818 ] }, { "date": "2024-08-30", "close": 52.660881, "volume": 4932279, "typical_volume": 7739212.95, "trend": 29.353941, "fair_value": 15.066915, "relative_strength": 108.542441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.156582, "energy": 69.917573, "activity_lines": [ 48.918382, 44.536818, 38.77703, 34.712117 ] }, { "date": "2024-09-06", "close": 44.623611, "volume": 7099134, "typical_volume": 7784324.25, "trend": 30.302605, "fair_value": 15.290736, "relative_strength": 79.598294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.038688, "energy": 60.487733, "activity_lines": [ 48.121332, 45.204653, 39.740118, 35.697257 ] }, { "date": "2024-09-13", "close": 37.130527, "volume": 7594738, "typical_volume": 7289892.1, "trend": 30.974761, "fair_value": 15.466525, "relative_strength": 44.994816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.662419, "energy": 43.159959, "activity_lines": [ 44.664615, 44.267581, 39.893591, 36.137769 ] }, { "date": "2024-09-20", "close": 35.204929, "volume": 5426752, "typical_volume": 7067277.45, "trend": 31.56535, "fair_value": 15.629211, "relative_strength": 33.25111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.548369, "energy": 21.531091, "activity_lines": [ 40.727121, 42.90328, 39.816737, 36.410683 ] }, { "date": "2024-09-27", "close": 31.688623, "volume": 5526325, "typical_volume": 7113475.0, "trend": 32.030708, "fair_value": 15.770875, "relative_strength": 15.328144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.624989, "energy": 20.671081, "activity_lines": [ 36.837501, 40.902753, 39.367037, 36.418636 ] }, { "date": "2024-10-04", "close": 29.093254, "volume": 1620330, "typical_volume": 6898708.65, "trend": 32.336021, "fair_value": 15.895901, "relative_strength": 7.499857, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.701284, "energy": 26.909841, "activity_lines": [ 33.114681, 38.530921, 38.642833, 36.229123 ] }, { "date": "2024-10-11", "close": 32.065372, "volume": 9348590, "typical_volume": 7150434.95, "trend": 32.753774, "fair_value": 16.040739, "relative_strength": 14.250187, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.525908, "energy": 31.088603, "activity_lines": [ 31.953742, 36.855266, 38.195697, 36.211661 ] }, { "date": "2024-10-18", "close": 31.43746, "volume": 2913653, "typical_volume": 7113364.15, "trend": 33.129205, "fair_value": 16.17978, "relative_strength": 8.272233, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.664528, "energy": 30.83935, "activity_lines": [ 31.420715, 35.249602, 37.663078, 36.126738 ] }, { "date": "2024-10-25", "close": 30.809546, "volume": 2222298, "typical_volume": 6850263.95, "trend": 33.495739, "fair_value": 16.315303, "relative_strength": 5.954593, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.890677, "energy": 38.924702, "activity_lines": [ 31.057921, 33.677216, 37.051403, 35.977082 ] }, { "date": "2024-11-01", "close": 29.176975, "volume": 1552439, "typical_volume": 6609920.75, "trend": 33.79181, "fair_value": 16.44036, "relative_strength": 2.088547, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.640861, "energy": 34.96045, "activity_lines": [ 30.443962, 32.220636, 36.290709, 35.698453 ] }, { "date": "2024-11-08", "close": 30.683964, "volume": 2653405, "typical_volume": 6565015.4, "trend": 34.071266, "fair_value": 16.571789, "relative_strength": 3.052544, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.877107, "energy": 26.072512, "activity_lines": [ 30.499777, 31.365154, 35.684529, 35.497946 ] }, { "date": "2024-11-15", "close": 27.083935, "volume": 2851420, "typical_volume": 6579611.9, "trend": 34.158527, "fair_value": 16.677865, "relative_strength": -6.364947, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.693831, "energy": 49.579308, "activity_lines": [ 29.249534, 30.254701, 34.733382, 35.047151 ] }, { "date": "2024-11-22", "close": 28.465342, "volume": 2104434, "typical_volume": 6533382.45, "trend": 34.198249, "fair_value": 16.798866, "relative_strength": -2.946032, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.335676, "energy": 51.992427, "activity_lines": [ 28.791856, 29.714316, 33.933802, 34.679848 ] }, { "date": "2024-11-29", "close": 28.088593, "volume": 1433630, "typical_volume": 6257620.5, "trend": 34.226748, "fair_value": 16.916188, "relative_strength": -2.174318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -37.023494, "energy": 55.322568, "activity_lines": [ 28.406736, 29.26298, 33.119404, 34.285677 ] }, { "date": "2024-12-06", "close": 27.083935, "volume": 1050046, "typical_volume": 5936849.1, "trend": 34.264542, "fair_value": 17.027828, "relative_strength": -9.914697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.140102, "energy": 74.578575, "activity_lines": [ 27.868127, 28.758367, 32.244025, 33.82485 ] }, { "date": "2024-12-13", "close": 25.535088, "volume": 1441549, "typical_volume": 5908253.3, "trend": 34.187871, "fair_value": 17.12954, "relative_strength": -14.809743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.695836, "energy": 82.292689, "activity_lines": [ 26.952772, 28.055867, 31.269407, 33.26166 ] }, { "date": "2024-12-20", "close": 25.325783, "volume": 1416656, "typical_volume": 5310323.55, "trend": 34.142995, "fair_value": 17.230163, "relative_strength": -13.994181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.136167, "energy": 84.931919, "activity_lines": [ 26.310907, 27.380006, 30.332601, 32.689912 ] }, { "date": "2024-12-27", "close": 25.70253, "volume": 1209589, "typical_volume": 5003589.7, "trend": 34.086612, "fair_value": 17.332189, "relative_strength": -16.042553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.151274, "energy": 83.318559, "activity_lines": [ 25.911834, 26.895182, 29.512, 32.145366 ] }, { "date": "2025-01-03", "close": 26.497885, "volume": 461656, "typical_volume": 3489389.35, "trend": 33.897644, "fair_value": 17.438808, "relative_strength": -12.444004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.547767, "energy": 77.072511, "activity_lines": [ 25.962067, 26.659239, 28.833073, 31.655771 ] }, { "date": "2025-01-10", "close": 27.963013, "volume": 2148748, "typical_volume": 3250383.55, "trend": 33.780241, "fair_value": 17.555578, "relative_strength": -8.532714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.358304, "energy": 55.277075, "activity_lines": [ 26.606723, 26.768077, 28.422285, 31.272891 ] }, { "date": "2025-01-17", "close": 28.549065, "volume": 2207586, "typical_volume": 3114148.9, "trend": 33.72382, "fair_value": 17.669274, "relative_strength": -7.667651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.108303, "energy": 39.420187, "activity_lines": [ 27.388125, 27.005542, 28.158762, 30.935396 ] }, { "date": "2025-01-24", "close": 29.97233, "volume": 810165, "typical_volume": 2799700.45, "trend": 33.680079, "fair_value": 17.795636, "relative_strength": -5.193155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.831057, "energy": 25.213256, "activity_lines": [ 28.443017, 27.540599, 28.145605, 30.693365 ] }, { "date": "2025-02-07", "close": 28.967672, "volume": 1301682, "typical_volume": 2485047.65, "trend": 33.549373, "fair_value": 17.915304, "relative_strength": -8.601154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.474979, "energy": 26.262158, "activity_lines": [ 28.853252, 27.840475, 28.106535, 30.389338 ] }, { "date": "2025-02-14", "close": 30.851406, "volume": 2723168, "typical_volume": 2349868.45, "trend": 33.398566, "fair_value": 18.047806, "relative_strength": -1.902324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.018361, "energy": 19.366353, "activity_lines": [ 29.673723, 28.473714, 28.285739, 30.215276 ] }, { "date": "2025-02-21", "close": 31.270018, "volume": 1135900, "typical_volume": 2130347.2, "trend": 33.200214, "fair_value": 18.178945, "relative_strength": -3.545885, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.738998, "energy": 21.568146, "activity_lines": [ 30.343497, 29.132832, 28.525542, 30.07795 ] }, { "date": "2025-02-28", "close": 30.056053, "volume": 858160, "typical_volume": 2092238.7, "trend": 32.94669, "fair_value": 18.303313, "relative_strength": -5.072636, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.600228, "energy": 19.900836, "activity_lines": [ 30.388149, 29.495118, 28.651723, 29.875101 ] }, { "date": "2025-03-07", "close": 29.469999, "volume": 975931, "typical_volume": 1673605.75, "trend": 32.522557, "fair_value": 18.42519, "relative_strength": -5.445322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.171779, "energy": 17.08187, "activity_lines": [ 30.136983, 29.66865, 28.717504, 29.650799 ] }, { "date": "2025-03-14", "close": 28.38162, "volume": 703827, "typical_volume": 1563114.45, "trend": 32.150382, "fair_value": 18.536295, "relative_strength": -6.786348, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.02483, "energy": 13.633655, "activity_lines": [ 29.556513, 29.568945, 28.691988, 29.383641 ] }, { "date": "2025-03-21", "close": 27.963013, "volume": 564960, "typical_volume": 1480247.55, "trend": 31.298996, "fair_value": 18.646741, "relative_strength": -9.492859, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.591261, "energy": 22.085282, "activity_lines": [ 28.875578, 29.344419, 28.641157, 29.113489 ] }, { "date": "2025-03-28", "close": 26.372303, "volume": 684953, "typical_volume": 1436873.25, "trend": 30.605824, "fair_value": 18.747242, "relative_strength": -12.516401, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.910834, "energy": 35.598576, "activity_lines": [ 27.856965, 28.804034, 28.452385, 28.795637 ] }, { "date": "2025-04-04", "close": 26.121138, "volume": 811366, "typical_volume": 1344771.3, "trend": 29.721166, "fair_value": 18.844111, "relative_strength": -12.411989, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.349306, "energy": 46.271441, "activity_lines": [ 27.081145, 28.246905, 28.253048, 28.506303 ] }, { "date": "2025-04-11", "close": 21.976919, "volume": 1696316, "typical_volume": 1287016.1, "trend": 28.966276, "fair_value": 18.916184, "relative_strength": -19.771583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.86219, "energy": 77.27008, "activity_lines": [ 25.186247, 26.980426, 27.680751, 28.006674 ] }, { "date": "2025-04-18", "close": 23.860653, "volume": 510996, "typical_volume": 1207344.2, "trend": 28.523947, "fair_value": 18.999573, "relative_strength": -12.480016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.906871, "energy": 75.076885, "activity_lines": [ 24.418798, 26.201815, 27.312177, 27.677279 ] }, { "date": "2025-04-25", "close": 23.190884, "volume": 640640, "typical_volume": 1167694.7, "trend": 28.123479, "fair_value": 19.079934, "relative_strength": -16.883712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.852188, "energy": 77.141295, "activity_lines": [ 23.729491, 25.394282, 26.901742, 27.33321 ] }, { "date": "2025-05-02", "close": 24.614147, "volume": 345390, "typical_volume": 1132461.9, "trend": 27.887663, "fair_value": 19.169419, "relative_strength": -15.466863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.989742, "energy": 70.497334, "activity_lines": [ 23.832747, 24.984807, 26.650178, 27.106802 ] }, { "date": "2025-05-09", "close": 24.614147, "volume": 276547, "typical_volume": 1074211.8, "trend": 27.73836, "fair_value": 19.259915, "relative_strength": -15.793689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.995782, "energy": 47.259526, "activity_lines": [ 24.053213, 24.696348, 26.410376, 26.895607 ] }, { "date": "2025-05-16", "close": 24.404844, "volume": 626970, "typical_volume": 1034727.5, "trend": 27.483009, "fair_value": 19.351346, "relative_strength": -19.909479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.727284, "energy": 40.156182, "activity_lines": [ 24.304378, 24.468777, 26.155025, 26.680542 ] }, { "date": "2025-05-23", "close": 24.404844, "volume": 212093, "typical_volume": 984852.7, "trend": 27.248588, "fair_value": 19.443536, "relative_strength": -18.997813, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.624154, "energy": 30.171704, "activity_lines": [ 24.393681, 24.3333, 25.904059, 26.48195 ] }, { "date": "2025-05-30", "close": 24.111818, "volume": 190355, "typical_volume": 971287.65, "trend": 27.025331, "fair_value": 19.532836, "relative_strength": -18.706645, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.380231, "energy": 30.287318, "activity_lines": [ 24.349029, 24.216851, 25.631366, 26.279578 ] }, { "date": "2025-06-06", "close": 23.442047, "volume": 139399, "typical_volume": 870820.2, "trend": 26.834166, "fair_value": 19.61759, "relative_strength": -21.879481, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -59.990078, "energy": 38.248158, "activity_lines": [ 24.019725, 24.048647, 25.306247, 26.048399 ] }, { "date": "2025-06-13", "close": 23.023439, "volume": 186029, "typical_volume": 769742.35, "trend": 26.578815, "fair_value": 19.699407, "relative_strength": -24.257021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.620383, "energy": 47.110753, "activity_lines": [ 23.629025, 23.85761, 24.962789, 25.802545 ] }, { "date": "2025-06-20", "close": 22.395527, "volume": 301573, "typical_volume": 744312.75, "trend": 26.422535, "fair_value": 19.776946, "relative_strength": -25.834955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.388069, "energy": 61.09815, "activity_lines": [ 23.135067, 23.608728, 24.585843, 25.532656 ] }, { "date": "2025-06-27", "close": 22.562971, "volume": 186793, "typical_volume": 688568.3, "trend": 26.225789, "fair_value": 19.857076, "relative_strength": -26.738732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.492836, "energy": 65.370237, "activity_lines": [ 22.830879, 23.38268, 24.260923, 25.283651 ] }, { "date": "2025-07-04", "close": 21.851336, "volume": 220700, "typical_volume": 563444.9, "trend": 26.017881, "fair_value": 19.932898, "relative_strength": -28.554846, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.835708, "energy": 71.684536, "activity_lines": [ 22.412271, 23.050838, 23.898728, 25.001429 ] }, { "date": "2025-07-11", "close": 21.935059, "volume": 264928, "typical_volume": 519896.3, "trend": 25.846252, "fair_value": 20.010521, "relative_strength": -28.484669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.949612, "energy": 80.874543, "activity_lines": [ 22.17227, 22.758574, 23.587363, 24.738021 ] }, { "date": "2025-07-18", "close": 22.186224, "volume": 252059, "typical_volume": 489591.25, "trend": 25.734623, "fair_value": 20.087224, "relative_strength": -29.084729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.488463, "energy": 79.631962, "activity_lines": [ 22.116456, 22.560687, 23.344371, 24.50189 ] }, { "date": "2025-07-25", "close": 21.145624, "volume": 457380, "typical_volume": 463663.7, "trend": 25.595284, "fair_value": 20.156751, "relative_strength": -31.646799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.052009, "energy": 87.410896, "activity_lines": [ 21.769589, 22.217744, 23.03975, 24.205826 ] }, { "date": "2025-08-01", "close": 20.496644, "volume": 384959, "typical_volume": 447720.3, "trend": 25.421755, "fair_value": 20.2206, "relative_strength": -33.138429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.022082, "energy": 90.300967, "activity_lines": [ 21.289723, 21.816063, 22.712961, 23.876881 ] }, { "date": "2025-08-08", "close": 20.595839, "volume": 369047, "typical_volume": 437924.65, "trend": 25.22502, "fair_value": 20.284073, "relative_strength": -33.386341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.420309, "energy": 80.471755, "activity_lines": [ 20.980677, 21.503476, 22.433167, 23.565532 ] }, { "date": "2025-08-15", "close": 19.876886, "volume": 475249, "typical_volume": 427439.45, "trend": 24.955482, "fair_value": 20.344962, "relative_strength": -35.551955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.813769, "energy": 87.202781, "activity_lines": [ 20.515679, 21.124097, 22.119983, 23.220491 ] }, { "date": "2025-08-22", "close": 21.129311, "volume": 1060462, "typical_volume": 439894.25, "trend": 24.708157, "fair_value": 20.412107, "relative_strength": -28.208595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.913434, "energy": 62.55812, "activity_lines": [ 20.605369, 21.037252, 21.957008, 22.973641 ] }, { "date": "2025-08-29", "close": 20.981897, "volume": 770534, "typical_volume": 393605.15, "trend": 24.408476, "fair_value": 20.478814, "relative_strength": -28.689764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.104131, "energy": 56.133911, "activity_lines": [ 20.716381, 20.958044, 21.803764, 22.733237 ] }, { "date": "2025-09-05", "close": 23.733622, "volume": 2485198, "typical_volume": 492315.25, "trend": 24.234008, "fair_value": 20.550512, "relative_strength": -18.394432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.614136, "energy": 19.956091, "activity_lines": [ 21.755549, 21.404852, 21.917327, 22.689698 ] }, { "date": "2025-09-12", "close": 26.092241, "volume": 2387155, "typical_volume": 579641.0, "trend": 24.075369, "fair_value": 20.631765, "relative_strength": -12.232769, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 18.762714, "energy": 27.800927, "activity_lines": [ 23.365126, 22.259215, 22.256126, 22.809584 ] }, { "date": "2025-09-19", "close": 23.881035, "volume": 3093967, "typical_volume": 717069.85, "trend": 23.829069, "fair_value": 20.704155, "relative_strength": -18.96452, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.877942, "energy": 31.81095, "activity_lines": [ 23.871207, 22.634433, 22.370517, 22.797046 ] }, { "date": "2025-09-26", "close": 22.161207, "volume": 514931, "typical_volume": 728989.05, "trend": 23.565908, "fair_value": 20.761726, "relative_strength": -23.888439, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -3.795353, "energy": 24.168764, "activity_lines": [ 23.537069, 22.661574, 22.324607, 22.689442 ] }, { "date": "2025-10-03", "close": 22.161207, "volume": 269162, "typical_volume": 711098.65, "trend": 23.322282, "fair_value": 20.823091, "relative_strength": -26.55125, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -8.454056, "energy": 18.399329, "activity_lines": [ 23.134138, 22.68917, 22.290377, 22.598817 ] }, { "date": "2025-10-10", "close": 20.883621, "volume": 698632, "typical_volume": 735425.6, "trend": 23.072348, "fair_value": 20.880821, "relative_strength": -31.526545, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.305844, "energy": 22.74163, "activity_lines": [ 22.226724, 22.466012, 22.145156, 22.441484 ] }, { "date": "2025-10-17", "close": 21.276724, "volume": 2144378, "typical_volume": 833126.75, "trend": 22.849472, "fair_value": 20.944611, "relative_strength": -29.485144, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.988921, "energy": 29.866307, "activity_lines": [ 21.640345, 22.307292, 22.054142, 22.325637 ] }, { "date": "2025-10-24", "close": 20.883621, "volume": 256181, "typical_volume": 838965.85, "trend": 22.666516, "fair_value": 21.008158, "relative_strength": -30.666144, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.186977, "energy": 34.375027, "activity_lines": [ 21.243966, 22.064718, 21.939189, 22.198808 ] }, { "date": "2025-10-31", "close": 20.981897, "volume": 4301910, "typical_volume": 1044759.9, "trend": 22.495208, "fair_value": 21.075371, "relative_strength": -31.374346, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.420077, "energy": 40.528938, "activity_lines": [ 21.080173, 21.821709, 21.845779, 22.090123 ] }, { "date": "2025-11-07", "close": 20.244829, "volume": 502590, "typical_volume": 1054810.75, "trend": 22.437472, "fair_value": 21.138618, "relative_strength": -31.726334, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.096737, "energy": 55.857336, "activity_lines": [ 20.749311, 21.447367, 21.691894, 21.944937 ] }, { "date": "2025-11-14", "close": 22.505173, "volume": 3141880, "typical_volume": 1202565.1, "trend": 22.392289, "fair_value": 21.216101, "relative_strength": -22.733293, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.945036, "energy": 24.0158, "activity_lines": [ 21.299656, 21.497399, 21.763521, 21.949305 ] }, { "date": "2025-11-21", "close": 20.44138, "volume": 961660, "typical_volume": 1239613.1, "trend": 22.300639, "fair_value": 21.276813, "relative_strength": -26.709772, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.319547, "energy": 29.139473, "activity_lines": [ 21.053966, 21.19453, 21.638871, 21.82344 ] }, { "date": "2025-11-28", "close": 21.718966, "volume": 741105, "typical_volume": 1263421.95, "trend": 22.204133, "fair_value": 21.347486, "relative_strength": -24.862372, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.278704, "energy": 18.152734, "activity_lines": [ 21.289828, 21.226693, 21.642611, 21.785912 ] }, { "date": "2025-12-05", "close": 21.227587, "volume": 291666, "typical_volume": 1265402.3, "trend": 22.091247, "fair_value": 21.412985, "relative_strength": -26.815827, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.537107, "energy": 14.226591, "activity_lines": [ 21.306208, 21.208825, 21.600581, 21.722909 ] }, { "date": "2025-12-12", "close": 20.883621, "volume": 657041, "typical_volume": 1275385.35, "trend": 21.973873, "fair_value": 21.469702, "relative_strength": -27.985432, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.869911, "energy": 20.986501, "activity_lines": [ 21.191552, 21.145392, 21.530358, 21.644998 ] }, { "date": "2025-12-19", "close": 20.44138, "volume": 570148, "typical_volume": 1284644.8, "trend": 21.841758, "fair_value": 21.528138, "relative_strength": -27.732049, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.199999, "energy": 28.757683, "activity_lines": [ 20.886897, 21.024781, 21.419264, 21.546128 ] }, { "date": "2025-12-26", "close": 20.932758, "volume": 283457, "typical_volume": 1280365.3, "trend": 21.735789, "fair_value": 21.591747, "relative_strength": -27.688937, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.579076, "energy": 33.177176, "activity_lines": [ 20.883621, 21.001552, 21.355231, 21.487482 ] }, { "date": "2026-01-02", "close": 20.588795, "volume": 257706, "typical_volume": 1269488.15, "trend": 21.640681, "fair_value": 21.652392, "relative_strength": -30.267922, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.00425, "energy": 37.700454, "activity_lines": [ 20.732932, 20.922038, 21.256836, 21.413483 ] }, { "date": "2026-01-09", "close": 19.900862, "volume": 736372, "typical_volume": 1253283.65, "trend": 21.536595, "fair_value": 21.709134, "relative_strength": -34.057917, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.212603, "energy": 49.415605, "activity_lines": [ 20.428276, 20.722806, 21.089533, 21.301236 ] }, { "date": "2026-01-16", "close": 20.343105, "volume": 946751, "typical_volume": 1262094.5, "trend": 21.468181, "fair_value": 21.763145, "relative_strength": -34.275805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.908932, "energy": 43.600357, "activity_lines": [ 20.359484, 20.623637, 20.970198, 21.224237 ] }, { "date": "2026-01-23", "close": 20.244829, "volume": 577722, "typical_volume": 1166720.7, "trend": 21.390909, "fair_value": 21.820827, "relative_strength": -34.963219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.69403, "energy": 44.041465, "activity_lines": [ 20.293967, 20.504813, 20.844545, 21.145311 ] }, { "date": "2026-01-30", "close": 19.802586, "volume": 466276, "typical_volume": 1070676.75, "trend": 21.322618, "fair_value": 21.875168, "relative_strength": -35.754039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.089642, "energy": 51.246794, "activity_lines": [ 20.094139, 20.346678, 20.693387, 21.042839 ] }, { "date": "2026-02-06", "close": 21.718966, "volume": 1954301, "typical_volume": 1013693.45, "trend": 21.315415, "fair_value": 21.942046, "relative_strength": -28.122584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.077796, "energy": 15.942865, "activity_lines": [ 20.608449, 20.54859, 20.754693, 21.06841 ] }, { "date": "2026-02-13", "close": 20.244829, "volume": 2370161, "typical_volume": 1106454.95, "trend": 21.250701, "fair_value": 21.998969, "relative_strength": -35.685381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.397, "energy": 21.007649, "activity_lines": [ 20.556035, 20.482477, 20.6859, 20.99934 ] }, { "date": "2026-02-27", "close": 19.999138, "volume": 751637, "typical_volume": 1130578.7, "trend": 21.212485, "fair_value": 22.054823, "relative_strength": -38.764174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.930265, "energy": 23.413778, "activity_lines": [ 20.398794, 20.389562, 20.602833, 20.918593 ] }, { "date": "2026-03-06", "close": 19.065517, "volume": 789013, "typical_volume": 1135097.75, "trend": 21.164781, "fair_value": 22.104439, "relative_strength": -37.509956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.506834, "energy": 35.911106, "activity_lines": [ 19.953276, 20.142979, 20.441146, 20.780079 ] }, { "date": "2026-03-13", "close": 19.065517, "volume": 712554, "typical_volume": 1063506.55, "trend": 21.11377, "fair_value": 22.154308, "relative_strength": -36.143852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.857672, "energy": 60.515926, "activity_lines": [ 19.586379, 19.921411, 20.288116, 20.644643 ] }, { "date": "2026-03-20", "close": 18.967241, "volume": 671084, "typical_volume": 1084251.7, "trend": 21.083449, "fair_value": 22.2038, "relative_strength": -35.740556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.421833, "energy": 65.624242, "activity_lines": [ 19.235862, 19.715925, 20.136257, 20.506157 ] }, { "date": "2026-03-27", "close": 19.507759, "volume": 1624073, "typical_volume": 950359.85, "trend": 21.029397, "fair_value": 22.257515, "relative_strength": -32.053672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.710784, "energy": 60.788322, "activity_lines": [ 19.248965, 19.638198, 20.045, 20.4045 ] }, { "date": "2026-04-03", "close": 18.918104, "volume": 210369, "typical_volume": 935748.8, "trend": 20.960604, "fair_value": 22.301633, "relative_strength": -32.050251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.958481, "energy": 53.439893, "activity_lines": [ 19.114655, 19.460408, 19.904606, 20.268287 ] }, { "date": "2026-04-10", "close": 18.967241, "volume": 213063, "typical_volume": 789307.95, "trend": 20.801725, "fair_value": 22.347584, "relative_strength": -36.357583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.926906, "energy": 41.590815, "activity_lines": [ 19.068793, 19.317461, 19.77521, 20.139683 ] }, { "date": "2026-04-17", "close": 18.475863, "volume": 807941, "typical_volume": 781622.0, "trend": 20.547845, "fair_value": 22.391143, "relative_strength": -39.479616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.953571, "energy": 43.14225, "activity_lines": [ 18.86569, 19.108401, 19.615862, 19.989628 ] }, { "date": "2026-04-24", "close": 16.756035, "volume": 1566066, "typical_volume": 822870.05, "trend": 20.310345, "fair_value": 22.422667, "relative_strength": -47.132926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.904252, "energy": 70.682157, "activity_lines": [ 18.128621, 18.610768, 19.302082, 19.744995 ] }, { "date": "2026-05-01", "close": 15.429311, "volume": 1022435, "typical_volume": 859408.5, "trend": 20.085949, "fair_value": 22.442397, "relative_strength": -50.408942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.298787, "energy": 87.633335, "activity_lines": [ 17.096725, 17.962148, 18.885579, 19.430089 ] }, { "date": "2026-05-08", "close": 17.394829, "volume": 1301494, "typical_volume": 891631.15, "trend": 19.927069, "fair_value": 22.470426, "relative_strength": -46.70729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.496013, "energy": 77.238197, "activity_lines": [ 16.991897, 17.758449, 18.68388, 19.256469 ] }, { "date": "2026-05-15", "close": 15.380173, "volume": 1766485, "typical_volume": 951448.0, "trend": 19.743621, "fair_value": 22.487565, "relative_strength": -51.42929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.276607, "energy": 86.749354, "activity_lines": [ 16.31707, 17.2358, 18.306922, 18.963121 ] }, { "date": "2026-05-22", "close": 16.510344, "volume": 1153451, "typical_volume": 994947.7, "trend": 19.584742, "fair_value": 22.512454, "relative_strength": -48.271839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.748744, "energy": 77.164415, "activity_lines": [ 16.258104, 16.985643, 18.0617, 18.754522 ] }, { "date": "2026-05-29", "close": 15.724138, "volume": 1271981, "typical_volume": 1045661.45, "trend": 19.412759, "fair_value": 22.532809, "relative_strength": -52.511766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.089714, "energy": 55.878263, "activity_lines": [ 16.068104, 16.638997, 17.76266, 18.505451 ] }, { "date": "2026-06-05", "close": 19.212931, "volume": 8214895, "typical_volume": 1419587.6, "trend": 19.353794, "fair_value": 22.575781, "relative_strength": -41.338727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.943646, "energy": 28.331953, "activity_lines": [ 17.109828, 16.985643, 17.819052, 18.492559 ] }, { "date": "2026-06-12", "close": 19.212931, "volume": 3798363, "typical_volume": 1562168.2, "trend": 19.319397, "fair_value": 22.617995, "relative_strength": -39.097722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.68143, "energy": 15.87854, "activity_lines": [ 17.89931, 17.337649, 17.878719, 18.483471 ] }, { "date": "2026-06-19", "close": 22.308622, "volume": 4719319, "typical_volume": 1769248.05, "trend": 19.312845, "fair_value": 22.680811, "relative_strength": -31.74477, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 35.103917, "energy": 32.301479, "activity_lines": [ 19.599483, 18.247148, 18.238596, 18.676324 ] }, { "date": "2026-06-26", "close": 28.843967, "volume": 11377488, "typical_volume": 2314808.65, "trend": 19.592932, "fair_value": 22.78628, "relative_strength": -7.063469, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 54.279626, "energy": 53.619684, "activity_lines": [ 23.016208, 20.284138, 19.21106, 19.291235 ] }, { "date": "2026-07-03", "close": 29.630173, "volume": 10154959, "typical_volume": 2724841.55, "trend": 19.856638, "fair_value": 22.896282, "relative_strength": -8.109639, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.192467, "energy": 92.554638, "activity_lines": [ 25.872759, 22.275565, 20.215345, 19.938799 ] }, { "date": "2026-07-10", "close": 28.35, "volume": 4883488, "typical_volume": 2850507.9, "trend": 20.094052, "fair_value": 22.999596, "relative_strength": -8.436526, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.09777, "energy": 89.35255, "activity_lines": [ 27.375518, 23.800157, 21.060037, 20.486758 ] }, { "date": "2026-07-17", "close": 23.799999, "volume": 3970598, "typical_volume": 3011455.95, "trend": 20.191265, "fair_value": 23.063119, "relative_strength": -17.35199, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.569962, "energy": 80.669102, "activity_lines": [ 26.752471, 24.262555, 21.4328, 20.725851 ] }, { "date": "2026-07-24", "close": 21.4, "volume": 2028226, "typical_volume": 3073416.6, "trend": 20.223219, "fair_value": 23.096333, "relative_strength": -26.398716, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.922868, "energy": 47.929411, "activity_lines": [ 25.023621, 24.172132, 21.558892, 20.803834 ] }, { "date": "2026-07-31", "close": 20.299999, "volume": 2117310, "typical_volume": 3143654.4, "trend": 20.202127, "fair_value": 23.126543, "relative_strength": -28.418034, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.1551, "energy": 21.34416, "activity_lines": [ 22.988678, 23.772257, 21.569105, 20.808788 ] }, { "date": "2026-08-07", "close": 21.200001, "volume": 1103249, "typical_volume": 3165262.65, "trend": 20.2225, "fair_value": 23.16151, "relative_strength": -26.261921, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.01425, "energy": 26.036533, "activity_lines": [ 21.823333, 23.467116, 21.659155, 20.873167 ] }, { "date": "2026-08-14", "close": 22.9, "volume": 2284730, "typical_volume": 3198295.5, "trend": 20.322472, "fair_value": 23.219011, "relative_strength": -22.28301, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.430156, "energy": 24.59801, "activity_lines": [ 21.786667, 23.371505, 21.900476, 21.045909 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }