{ "ticker": { "uuid": "ab3ba471-3d58-4a64-b368-9608ca00b2c4", "symbol": "JDC", "name": "JDC Group AG", "exchange": "GER", "country": "DE", "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": "2026-08-07", "benchmark": "^GDAXI", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 71.24, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 35.397, "architecture_energy": 34.662, "architecture_maturity": 12.149, "architecture_confidence": 65.945, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 39.54, "rotation_up": 60.38, "upward_expansion": 41.72, "deceleration": 24.6, "rotation_down": 16.52, "downward_expansion": 23.38 }, "activity_lines": [ 23.026666, 22.669091, 22.257619, 22.338064 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 24.0, "trend_reference": 22.816667, "distance_from_trend": 0.051863, "trend_direction": "Weakening", "fair_value": 22.629167, "distance_from_fair_value": 0.060578, "fair_value_direction": "Improving", "relative_strength": -11.921153, "relative_strength_direction": "Improving", "price_momentum": 0.0, "excess_performance": -0.06464, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.051863, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.063227, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.060578, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.045973, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.119212, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.015899, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.0, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.898748, "read": "Supply-led" } ], "volume": { "latest": 38877, "relative_activity": 1.847204, "balance": 0.898748, "dry_up": 0.977982, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.049679, "annualized_volatility": 0.218997, "from_high_reference": -0.263804, "from_low_reference": 0.19403 }, "levels": { "trend_reference": 22.816667, "fair_value_reference": 22.629167, "structural_low": 20.1, "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": 17, "median_return": 0.002833, "positive_rate": 0.529412, "directional_follow_through": 0.529412, "median_excess_return": -0.007918, "regime_survival": 0.529412, "best_return": 0.106849, "worst_return": -0.123737, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.004219, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.029103, "regime_survival": 0.222222, "best_return": 0.139726, "worst_return": -0.237374, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.048668, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.019369, "regime_survival": 0.333333, "best_return": 0.325991, "worst_return": -0.190821, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.270042, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.05944, "regime_survival": 0.0, "best_return": 0.423313, "worst_return": -0.166667, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-08", "end": "2024-11-15", "tenure": "New", "return": 0.144231, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.025532, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-01-31", "tenure": "Developing", "return": -0.054622, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": -0.072727, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-23", "tenure": "Developing", "return": 0.148515, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.034483, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-10-17", "tenure": "Established", "return": 0.074803, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": 0.064407, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": -0.087413, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.078571, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.082353, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-01-16", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-07-10", "tenure": "Established", "return": -0.119691, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.076233, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.450001, "volume": 11794, "typical_volume": 14160.7, "trend": 17.796667, "fair_value": 16.961282, "relative_strength": -4.799257, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.297639, "energy": 17.954271, "activity_lines": [ 17.653334, 17.678182, 17.694762, 17.736452 ] }, { "date": "2023-08-25", "close": 17.049999, "volume": 22785, "typical_volume": 14588.35, "trend": 17.793333, "fair_value": 17.017115, "relative_strength": -6.71869, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.306335, "energy": 28.56992, "activity_lines": [ 17.453334, 17.540909, 17.630714, 17.68828 ] }, { "date": "2023-09-01", "close": 17.1, "volume": 33619, "typical_volume": 15510.55, "trend": 17.773333, "fair_value": 17.073013, "relative_strength": -7.307307, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.441076, "energy": 37.931938, "activity_lines": [ 17.31, 17.445455, 17.576667, 17.643549 ] }, { "date": "2023-09-08", "close": 17.15, "volume": 10392, "typical_volume": 14460.3, "trend": 17.741667, "fair_value": 17.131026, "relative_strength": -6.150653, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.349449, "energy": 47.288975, "activity_lines": [ 17.21, 17.371818, 17.532857, 17.603333 ] }, { "date": "2023-09-15", "close": 17.4, "volume": 14457, "typical_volume": 15016.85, "trend": 17.695, "fair_value": 17.190128, "relative_strength": -5.281779, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.368857, "energy": 47.591422, "activity_lines": [ 17.23, 17.361818, 17.520238, 17.58129 ] }, { "date": "2023-09-22", "close": 16.950001, "volume": 33604, "typical_volume": 16451.4, "trend": 17.621667, "fair_value": 17.245321, "relative_strength": -5.234534, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.572297, "energy": 53.903869, "activity_lines": [ 17.136667, 17.274546, 17.466429, 17.533226 ] }, { "date": "2023-09-29", "close": 17.299999, "volume": 35891, "typical_volume": 16135.0, "trend": 17.591667, "fair_value": 17.302628, "relative_strength": -2.058696, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.101664, "energy": 34.047332, "activity_lines": [ 17.193333, 17.258182, 17.445476, 17.512473 ] }, { "date": "2023-10-06", "close": 16.9, "volume": 7141, "typical_volume": 15910.95, "trend": 17.58, "fair_value": 17.353782, "relative_strength": -3.049495, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.94683, "energy": 36.150185, "activity_lines": [ 17.1, 17.175455, 17.381667, 17.46785 ] }, { "date": "2023-10-13", "close": 16.700001, "volume": 27073, "typical_volume": 16761.3, "trend": 17.565, "fair_value": 17.40609, "relative_strength": -3.629005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.467708, "energy": 46.215407, "activity_lines": [ 16.953334, 17.067273, 17.300238, 17.411075 ] }, { "date": "2023-10-20", "close": 16.5, "volume": 11732, "typical_volume": 17073.35, "trend": 17.535, "fair_value": 17.458013, "relative_strength": -2.031858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.820967, "energy": 49.572897, "activity_lines": [ 16.77, 16.940909, 17.202857, 17.342366 ] }, { "date": "2023-10-27", "close": 14.75, "volume": 44354, "typical_volume": 18867.45, "trend": 17.408333, "fair_value": 17.503205, "relative_strength": -11.193629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.913826, "energy": 78.689976, "activity_lines": [ 16.063333, 16.522727, 16.947857, 17.162688 ] }, { "date": "2023-11-03", "close": 18.35, "volume": 33168, "typical_volume": 19464.05, "trend": 17.415, "fair_value": 17.564936, "relative_strength": 7.012017, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.784243, "energy": 23.306431, "activity_lines": [ 16.703333, 16.808182, 17.048572, 17.223441 ] }, { "date": "2023-11-10", "close": 17.4, "volume": 80936, "typical_volume": 21902.9, "trend": 17.386667, "fair_value": 17.619423, "relative_strength": 1.371893, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.013802, "energy": 16.710839, "activity_lines": [ 16.956667, 16.897273, 17.061191, 17.222473 ] }, { "date": "2023-11-17", "close": 18.25, "volume": 42154, "typical_volume": 23452.8, "trend": 17.371667, "fair_value": 17.671667, "relative_strength": 1.576806, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.020056, "energy": 9.51952, "activity_lines": [ 17.46, 17.135455, 17.156667, 17.278172 ] }, { "date": "2023-11-24", "close": 17.950001, "volume": 56229, "typical_volume": 25827.5, "trend": 17.378333, "fair_value": 17.724295, "relative_strength": -0.883222, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.79192, "energy": 24.226291, "activity_lines": [ 17.76, 17.299091, 17.223095, 17.315484 ] }, { "date": "2023-12-01", "close": 16.9, "volume": 35525, "typical_volume": 26819.3, "trend": 17.38, "fair_value": 17.770449, "relative_strength": -8.547902, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.221965, "energy": 12.40388, "activity_lines": [ 17.613334, 17.261818, 17.188095, 17.284624 ] }, { "date": "2023-12-08", "close": 18.049999, "volume": 41634, "typical_volume": 28081.15, "trend": 17.438333, "fair_value": 17.825256, "relative_strength": -4.379239, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.311819, "energy": 19.250378, "activity_lines": [ 17.706667, 17.434545, 17.264762, 17.32785 ] }, { "date": "2023-12-15", "close": 20.200001, "volume": 47037, "typical_volume": 30113.75, "trend": 17.538333, "fair_value": 17.895513, "relative_strength": 6.980908, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.737815, "energy": 47.349462, "activity_lines": [ 18.536667, 17.984546, 17.544286, 17.506022 ] }, { "date": "2023-12-22", "close": 19.5, "volume": 27440, "typical_volume": 31289.1, "trend": 17.61, "fair_value": 17.960513, "relative_strength": 3.671128, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.23821, "energy": 55.736313, "activity_lines": [ 18.946667, 18.347273, 17.744286, 17.632581 ] }, { "date": "2023-12-29", "close": 19.5, "volume": 12829, "typical_volume": 31489.7, "trend": 17.646667, "fair_value": 18.027949, "relative_strength": 3.458576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.06338, "energy": 65.217961, "activity_lines": [ 19.273333, 18.659091, 17.935714, 17.754516 ] }, { "date": "2024-01-05", "close": 18.65, "volume": 10892, "typical_volume": 31444.6, "trend": 17.686667, "fair_value": 18.086218, "relative_strength": -0.085542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.630325, "energy": 61.167929, "activity_lines": [ 19.213333, 18.761818, 18.03881, 17.819247 ] }, { "date": "2024-01-12", "close": 18.85, "volume": 9892, "typical_volume": 30799.95, "trend": 17.686667, "fair_value": 18.146538, "relative_strength": 0.327442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.649154, "energy": 42.421173, "activity_lines": [ 19.103333, 18.83, 18.155238, 17.894301 ] }, { "date": "2024-01-19", "close": 19.25, "volume": 15726, "typical_volume": 29905.3, "trend": 17.735, "fair_value": 18.207372, "relative_strength": 3.354073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.522904, "energy": 33.744979, "activity_lines": [ 19.073333, 18.961818, 18.301191, 17.995161 ] }, { "date": "2024-01-26", "close": 19.950001, "volume": 26334, "typical_volume": 30702.4, "trend": 17.795, "fair_value": 18.278205, "relative_strength": 4.467939, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.794119, "energy": 38.014141, "activity_lines": [ 19.34, 19.187273, 18.503572, 18.138065 ] }, { "date": "2024-02-02", "close": 20.5, "volume": 19095, "typical_volume": 30934.3, "trend": 17.89, "fair_value": 18.355128, "relative_strength": 7.497059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.405189, "energy": 59.53663, "activity_lines": [ 19.76, 19.481818, 18.745, 18.312581 ] }, { "date": "2024-02-09", "close": 20.299999, "volume": 14700, "typical_volume": 29989.1, "trend": 17.988333, "fair_value": 18.414103, "relative_strength": 6.365482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.630815, "energy": 71.887512, "activity_lines": [ 20.046667, 19.693636, 18.952619, 18.468065 ] }, { "date": "2024-02-16", "close": 20.799999, "volume": 19395, "typical_volume": 29164.3, "trend": 18.093333, "fair_value": 18.476923, "relative_strength": 7.768116, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.179885, "energy": 79.978173, "activity_lines": [ 20.39, 19.934545, 19.191905, 18.649462 ] }, { "date": "2024-02-23", "close": 20.200001, "volume": 10894, "typical_volume": 29351.95, "trend": 18.183333, "fair_value": 18.536859, "relative_strength": 3.020305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.184617, "energy": 73.320887, "activity_lines": [ 20.403333, 20.016364, 19.357381, 18.785376 ] }, { "date": "2024-03-01", "close": 20.6, "volume": 11510, "typical_volume": 28573.8, "trend": 18.28, "fair_value": 18.596474, "relative_strength": 3.201793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.32303, "energy": 68.691736, "activity_lines": [ 20.486667, 20.170909, 19.545238, 18.94129 ] }, { "date": "2024-03-08", "close": 22.1, "volume": 39522, "typical_volume": 29963.3, "trend": 18.418333, "fair_value": 18.669231, "relative_strength": 9.99262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.619643, "energy": 74.408798, "activity_lines": [ 21.026667, 20.578182, 19.857381, 19.187742 ] }, { "date": "2024-03-15", "close": 22.700001, "volume": 38059, "typical_volume": 29648.55, "trend": 18.593333, "fair_value": 18.746474, "relative_strength": 12.010343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.616129, "energy": 86.422531, "activity_lines": [ 21.66, 21.047273, 20.2, 19.463979 ] }, { "date": "2024-03-22", "close": 22.6, "volume": 16972, "typical_volume": 28838.75, "trend": 18.778333, "fair_value": 18.823718, "relative_strength": 9.72169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.418977, "energy": 90.247673, "activity_lines": [ 22.1, 21.424546, 20.495238, 19.722473 ] }, { "date": "2024-03-29", "close": 22.200001, "volume": 11260, "typical_volume": 25354.95, "trend": 18.948333, "fair_value": 18.895192, "relative_strength": 6.085129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.047946, "energy": 84.825161, "activity_lines": [ 22.286667, 21.660909, 20.732143, 19.943226 ] }, { "date": "2024-04-05", "close": 22.299999, "volume": 34330, "typical_volume": 24963.75, "trend": 19.12, "fair_value": 18.967308, "relative_strength": 8.307665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.757825, "energy": 70.459218, "activity_lines": [ 22.373333, 21.861818, 20.955714, 20.159462 ] }, { "date": "2024-04-12", "close": 22.200001, "volume": 15074, "typical_volume": 22906.0, "trend": 19.28, "fair_value": 19.039744, "relative_strength": 9.138673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.094572, "energy": 53.205552, "activity_lines": [ 22.313334, 22.001818, 21.150476, 20.358172 ] }, { "date": "2024-04-19", "close": 21.6, "volume": 9934, "typical_volume": 21626.45, "trend": 19.435, "fair_value": 19.105769, "relative_strength": 7.270882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.854896, "energy": 42.118584, "activity_lines": [ 22.046667, 22.001818, 21.267857, 20.50785 ] }, { "date": "2024-04-26", "close": 22.4, "volume": 17758, "typical_volume": 20432.65, "trend": 19.605, "fair_value": 19.169872, "relative_strength": 8.43094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.228051, "energy": 38.388083, "activity_lines": [ 22.12, 22.123637, 21.439048, 20.69914 ] }, { "date": "2024-05-03", "close": 22.799999, "volume": 15382, "typical_volume": 18849.9, "trend": 19.801667, "fair_value": 19.238141, "relative_strength": 10.949034, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.376051, "energy": 44.006472, "activity_lines": [ 22.34, 22.289091, 21.627619, 20.905269 ] }, { "date": "2024-05-10", "close": 23.200001, "volume": 13849, "typical_volume": 18170.35, "trend": 20.018333, "fair_value": 19.308974, "relative_strength": 7.872948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.940961, "energy": 47.565809, "activity_lines": [ 22.653333, 22.48, 21.841905, 21.124516 ] }, { "date": "2024-05-17", "close": 23.6, "volume": 20634, "typical_volume": 18560.6, "trend": 20.255, "fair_value": 19.374359, "relative_strength": 9.756728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.130534, "energy": 57.151342, "activity_lines": [ 23.04, 22.696364, 22.076667, 21.355592 ] }, { "date": "2024-05-24", "close": 23.1, "volume": 8509, "typical_volume": 18441.45, "trend": 20.533333, "fair_value": 19.434615, "relative_strength": 7.225339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.14233, "energy": 51.18616, "activity_lines": [ 23.166667, 22.794546, 22.244286, 21.53914 ] }, { "date": "2024-05-31", "close": 22.5, "volume": 16557, "typical_volume": 18774.7, "trend": 20.671667, "fair_value": 19.489744, "relative_strength": 5.420494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.370305, "energy": 42.013876, "activity_lines": [ 22.993333, 22.776364, 22.333572, 21.666022 ] }, { "date": "2024-06-07", "close": 21.5, "volume": 16010, "typical_volume": 18788.9, "trend": 20.808333, "fair_value": 19.533013, "relative_strength": 0.305209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.140872, "energy": 24.414908, "activity_lines": [ 22.48, 22.578182, 22.310238, 21.719462 ] }, { "date": "2024-06-14", "close": 20.5, "volume": 7573, "typical_volume": 17850.85, "trend": 20.883333, "fair_value": 19.565385, "relative_strength": -1.387918, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 3.278874, "energy": 13.213968, "activity_lines": [ 21.72, 22.210909, 22.180952, 21.69957 ] }, { "date": "2024-06-21", "close": 21.799999, "volume": 8758, "typical_volume": 17334.0, "trend": 21.011667, "fair_value": 19.595513, "relative_strength": 3.802165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.184022, "energy": 19.349829, "activity_lines": [ 21.573333, 22.112727, 22.172857, 21.75871 ] }, { "date": "2024-06-28", "close": 21.0, "volume": 13935, "typical_volume": 17295.75, "trend": 21.148333, "fair_value": 19.621154, "relative_strength": -0.447235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.864085, "energy": 20.985177, "activity_lines": [ 21.28, 21.876363, 22.082381, 21.757957 ] }, { "date": "2024-07-05", "close": 20.799999, "volume": 13506, "typical_volume": 17001.3, "trend": 21.24, "fair_value": 19.651923, "relative_strength": -2.667607, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.545994, "energy": 35.588637, "activity_lines": [ 21.059999, 21.614545, 21.969524, 21.735484 ] }, { "date": "2024-07-12", "close": 20.4, "volume": 8393, "typical_volume": 16876.25, "trend": 21.246667, "fair_value": 19.686859, "relative_strength": -5.944945, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.633918, "energy": 48.36665, "activity_lines": [ 20.82, 21.309091, 21.818571, 21.68129 ] }, { "date": "2024-07-19", "close": 20.799999, "volume": 24069, "typical_volume": 17504.2, "trend": 21.29, "fair_value": 19.713141, "relative_strength": -1.147718, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.146523, "energy": 43.145885, "activity_lines": [ 20.786666, 21.12, 21.704762, 21.652473 ] }, { "date": "2024-07-26", "close": 21.1, "volume": 2915, "typical_volume": 15673.85, "trend": 21.343333, "fair_value": 19.738782, "relative_strength": -1.195643, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.056214, "energy": 36.761484, "activity_lines": [ 20.833333, 21.029091, 21.618571, 21.640215 ] }, { "date": "2024-08-02", "close": 21.6, "volume": 27215, "typical_volume": 15131.65, "trend": 21.441667, "fair_value": 19.759295, "relative_strength": 5.279131, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.498563, "energy": 17.279202, "activity_lines": [ 21.093333, 21.074545, 21.584762, 21.656774 ] }, { "date": "2024-08-09", "close": 21.200001, "volume": 17107, "typical_volume": 15138.4, "trend": 21.52, "fair_value": 19.75609, "relative_strength": 2.863726, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.574374, "energy": 10.088548, "activity_lines": [ 21.18, 21.074545, 21.518095, 21.641183 ] }, { "date": "2024-08-16", "close": 23.700001, "volume": 33277, "typical_volume": 16239.25, "trend": 21.668333, "fair_value": 19.770833, "relative_strength": 10.913791, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.934499, "energy": 25.998705, "activity_lines": [ 22.073334, 21.552727, 21.69619, 21.781828 ] }, { "date": "2024-08-23", "close": 23.9, "volume": 12641, "typical_volume": 15154.8, "trend": 21.8, "fair_value": 19.794551, "relative_strength": 9.63771, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.21861, "energy": 49.074085, "activity_lines": [ 22.813334, 22.027273, 21.88619, 21.925806 ] }, { "date": "2024-08-30", "close": 23.4, "volume": 6509, "typical_volume": 14726.55, "trend": 21.896667, "fair_value": 19.809936, "relative_strength": 5.51517, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.959337, "energy": 63.559121, "activity_lines": [ 23.18, 22.349091, 22.020952, 22.029032 ] }, { "date": "2024-09-06", "close": 22.5, "volume": 7970, "typical_volume": 14628.35, "trend": 21.97, "fair_value": 19.83109, "relative_strength": 4.571113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.113235, "energy": 58.462021, "activity_lines": [ 23.093334, 22.478182, 22.064286, 22.067957 ] }, { "date": "2024-09-13", "close": 24.0, "volume": 14086, "typical_volume": 14444.75, "trend": 22.076667, "fair_value": 19.860577, "relative_strength": 8.835516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.027616, "energy": 70.569514, "activity_lines": [ 23.446667, 22.852727, 22.24619, 22.198925 ] }, { "date": "2024-09-20", "close": 23.700001, "volume": 12187, "typical_volume": 14285.0, "trend": 22.193333, "fair_value": 19.879167, "relative_strength": 7.048636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.013913, "energy": 56.752499, "activity_lines": [ 23.513334, 23.114546, 22.391905, 22.303656 ] }, { "date": "2024-09-27", "close": 23.0, "volume": 3525, "typical_volume": 13768.8, "trend": 22.273333, "fair_value": 19.867628, "relative_strength": -0.225554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.308623, "energy": 39.058259, "activity_lines": [ 23.346667, 23.189091, 22.466667, 22.355699 ] }, { "date": "2024-10-04", "close": 23.0, "volume": 7425, "typical_volume": 13108.35, "trend": 22.303333, "fair_value": 19.851603, "relative_strength": 1.461243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.631905, "energy": 35.888478, "activity_lines": [ 23.24, 23.223637, 22.542381, 22.402581 ] }, { "date": "2024-10-11", "close": 21.6, "volume": 12028, "typical_volume": 13284.3, "trend": 22.266667, "fair_value": 19.83109, "relative_strength": -5.981753, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.549706, "energy": 12.648645, "activity_lines": [ 22.693333, 22.969091, 22.487619, 22.357204 ] }, { "date": "2024-10-18", "close": 21.4, "volume": 9583, "typical_volume": 12935.6, "trend": 22.226667, "fair_value": 19.811859, "relative_strength": -8.156644, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -8.684428, "energy": 17.13655, "activity_lines": [ 22.14, 22.678182, 22.420952, 22.30129 ] }, { "date": "2024-10-25", "close": 21.4, "volume": 3058, "typical_volume": 12288.0, "trend": 22.2, "fair_value": 19.790705, "relative_strength": -7.385339, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -10.767499, "energy": 22.389845, "activity_lines": [ 21.76, 22.383636, 22.359524, 22.247957 ] }, { "date": "2024-11-01", "close": 21.299999, "volume": 11488, "typical_volume": 12483.75, "trend": 22.166667, "fair_value": 19.765064, "relative_strength": -6.665333, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -23.559176, "energy": 31.037887, "activity_lines": [ 21.5, 22.112727, 22.289048, 22.189892 ] }, { "date": "2024-11-08", "close": 20.799999, "volume": 17210, "typical_volume": 12906.35, "trend": 22.12, "fair_value": 19.741987, "relative_strength": -8.580431, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.329308, "energy": 48.861251, "activity_lines": [ 21.186666, 21.798182, 22.167143, 22.10172 ] }, { "date": "2024-11-15", "close": 23.799999, "volume": 26446, "typical_volume": 13531.9, "trend": 22.193333, "fair_value": 19.733013, "relative_strength": 4.473612, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 10.672847, "energy": 10.96585, "activity_lines": [ 22.019999, 22.076363, 22.335714, 22.210107 ] }, { "date": "2024-11-22", "close": 23.5, "volume": 5818, "typical_volume": 13147.5, "trend": 22.23, "fair_value": 19.729808, "relative_strength": 2.399916, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.003652, "energy": 22.492665, "activity_lines": [ 22.606666, 22.276363, 22.462381, 22.294408 ] }, { "date": "2024-11-29", "close": 23.299999, "volume": 6931, "typical_volume": 13074.4, "trend": 22.246667, "fair_value": 19.71891, "relative_strength": -0.296152, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.6859, "energy": 31.880565, "activity_lines": [ 22.986666, 22.44909, 22.557143, 22.363441 ] }, { "date": "2024-12-06", "close": 24.1, "volume": 57223, "typical_volume": 14732.1, "trend": 22.276667, "fair_value": 19.710577, "relative_strength": -0.876914, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.678493, "energy": 46.785932, "activity_lines": [ 23.506666, 22.774545, 22.714285, 22.483011 ] }, { "date": "2024-12-13", "close": 23.799999, "volume": 14174, "typical_volume": 15295.05, "trend": 22.283333, "fair_value": 19.717628, "relative_strength": -2.150666, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.593574, "energy": 59.951544, "activity_lines": [ 23.739999, 23.025454, 22.827143, 22.58129 ] }, { "date": "2024-12-20", "close": 22.5, "volume": 5404, "typical_volume": 14204.5, "trend": 22.263333, "fair_value": 19.70032, "relative_strength": -5.016144, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.407198, "energy": 42.538327, "activity_lines": [ 23.34, 23.025454, 22.803333, 22.595269 ] }, { "date": "2024-12-27", "close": 22.299999, "volume": 8870, "typical_volume": 13792.65, "trend": 22.256666, "fair_value": 19.685577, "relative_strength": -6.256566, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.564266, "energy": 17.685394, "activity_lines": [ 22.959999, 22.972727, 22.75619, 22.597634 ] }, { "date": "2025-01-03", "close": 23.1, "volume": 6566, "typical_volume": 12457.1, "trend": 22.31, "fair_value": 19.679167, "relative_strength": -2.569447, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.67685, "energy": 14.575794, "activity_lines": [ 22.926666, 23.04909, 22.78, 22.652043 ] }, { "date": "2025-01-10", "close": 22.4, "volume": 11318, "typical_volume": 12390.95, "trend": 22.373333, "fair_value": 19.671474, "relative_strength": -6.934149, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.53144, "energy": 15.103862, "activity_lines": [ 22.673333, 22.967272, 22.74, 22.657849 ] }, { "date": "2025-01-17", "close": 23.200001, "volume": 6246, "typical_volume": 12377.8, "trend": 22.42, "fair_value": 19.677885, "relative_strength": -6.70591, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.854872, "energy": 14.892583, "activity_lines": [ 22.8, 23.010909, 22.783333, 22.711183 ] }, { "date": "2025-01-24", "close": 22.5, "volume": 6649, "typical_volume": 12311.75, "trend": 22.47, "fair_value": 19.683013, "relative_strength": -11.4212, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.316209, "energy": 9.358766, "activity_lines": [ 22.733334, 22.883636, 22.760952, 22.716344 ] }, { "date": "2025-01-31", "close": 22.5, "volume": 13184, "typical_volume": 12266.65, "trend": 22.526667, "fair_value": 19.68109, "relative_strength": -12.545442, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.442361, "energy": 10.29825, "activity_lines": [ 22.666667, 22.78, 22.738571, 22.718279 ] }, { "date": "2025-02-07", "close": 22.0, "volume": 13527, "typical_volume": 12333.65, "trend": 22.58, "fair_value": 19.663141, "relative_strength": -14.441136, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.039902, "energy": 12.605706, "activity_lines": [ 22.42, 22.603636, 22.675714, 22.684301 ] }, { "date": "2025-02-14", "close": 22.700001, "volume": 27795, "typical_volume": 13547.15, "trend": 22.643333, "fair_value": 19.663141, "relative_strength": -14.278373, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.064694, "energy": 11.95184, "activity_lines": [ 22.48, 22.578182, 22.687619, 22.692043 ] }, { "date": "2025-02-21", "close": 22.5, "volume": 10892, "typical_volume": 13720.5, "trend": 22.69, "fair_value": 19.654808, "relative_strength": -13.961453, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.74539, "energy": 22.832945, "activity_lines": [ 22.453334, 22.541818, 22.681905, 22.682796 ] }, { "date": "2025-02-28", "close": 22.9, "volume": 25703, "typical_volume": 14404.25, "trend": 22.733333, "fair_value": 19.666987, "relative_strength": -13.248788, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.256192, "energy": 8.790255, "activity_lines": [ 22.606667, 22.601818, 22.716667, 22.696344 ] }, { "date": "2025-03-07", "close": 21.9, "volume": 20098, "typical_volume": 14930.0, "trend": 22.756667, "fair_value": 19.674679, "relative_strength": -18.299097, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.743583, "energy": 17.731093, "activity_lines": [ 22.4, 22.472727, 22.65, 22.642581 ] }, { "date": "2025-03-14", "close": 21.0, "volume": 41110, "typical_volume": 16832.6, "trend": 22.666667, "fair_value": 19.659936, "relative_strength": -21.122964, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.645176, "energy": 41.831273, "activity_lines": [ 21.933333, 22.187273, 22.495238, 22.529247 ] }, { "date": "2025-03-21", "close": 22.1, "volume": 15548, "typical_volume": 17035.6, "trend": 22.606667, "fair_value": 19.656731, "relative_strength": -16.262665, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.758913, "energy": 35.92755, "activity_lines": [ 21.9, 22.14, 22.447143, 22.492688 ] }, { "date": "2025-03-28", "close": 20.4, "volume": 7877, "typical_volume": 16568.95, "trend": 22.506667, "fair_value": 19.641346, "relative_strength": -20.837782, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.927259, "energy": 59.830889, "activity_lines": [ 21.34, 21.789091, 22.233333, 22.350323 ] }, { "date": "2025-04-04", "close": 20.200001, "volume": 37658, "typical_volume": 17129.55, "trend": 22.43, "fair_value": 19.626603, "relative_strength": -14.346695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.336922, "energy": 65.661819, "activity_lines": [ 20.853334, 21.452728, 22.002381, 22.201505 ] }, { "date": "2025-04-11", "close": 19.049999, "volume": 52693, "typical_volume": 19473.3, "trend": 22.265, "fair_value": 19.604487, "relative_strength": -17.742289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.77628, "energy": 75.058273, "activity_lines": [ 20.163333, 20.949091, 21.679048, 21.983441 ] }, { "date": "2025-04-18", "close": 20.5, "volume": 20615, "typical_volume": 20157.5, "trend": 22.158333, "fair_value": 19.588462, "relative_strength": -14.590411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.564184, "energy": 66.478533, "activity_lines": [ 20.146667, 20.771818, 21.515, 21.86957 ] }, { "date": "2025-04-25", "close": 19.25, "volume": 30503, "typical_volume": 18821.5, "trend": 22.033333, "fair_value": 19.5625, "relative_strength": -23.05501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.102793, "energy": 67.577435, "activity_lines": [ 19.746667, 20.394545, 21.245238, 21.681935 ] }, { "date": "2025-05-02", "close": 19.799999, "volume": 24651, "typical_volume": 19345.35, "trend": 21.926666, "fair_value": 19.552885, "relative_strength": -23.213753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.622791, "energy": 52.99598, "activity_lines": [ 19.72, 20.18, 21.050952, 21.537849 ] }, { "date": "2025-05-09", "close": 21.9, "volume": 25577, "typical_volume": 20354.0, "trend": 21.936667, "fair_value": 19.566987, "relative_strength": -16.122341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.388819, "energy": 23.547198, "activity_lines": [ 20.433333, 20.396363, 21.075714, 21.536129 ] }, { "date": "2025-05-16", "close": 24.299999, "volume": 81831, "typical_volume": 24002.05, "trend": 22.033333, "fair_value": 19.601603, "relative_strength": -7.597387, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.883673, "energy": 10.31772, "activity_lines": [ 21.833333, 21.067272, 21.331905, 21.688602 ] }, { "date": "2025-05-23", "close": 23.200001, "volume": 43150, "typical_volume": 25831.25, "trend": 22.093333, "fair_value": 19.632372, "relative_strength": -10.872233, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.530454, "energy": 26.742901, "activity_lines": [ 22.516667, 21.494545, 21.473809, 21.763871 ] }, { "date": "2025-05-30", "close": 23.200001, "volume": 12274, "typical_volume": 25879.05, "trend": 22.156667, "fair_value": 19.660256, "relative_strength": -11.854577, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.889148, "energy": 33.038329, "activity_lines": [ 23.02, 21.881818, 21.615238, 21.835269 ] }, { "date": "2025-06-06", "close": 22.9, "volume": 13566, "typical_volume": 26245.05, "trend": 22.226667, "fair_value": 19.698718, "relative_strength": -13.766189, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.899633, "energy": 39.687916, "activity_lines": [ 23.16, 22.194546, 21.724286, 21.883226 ] }, { "date": "2025-06-13", "close": 23.299999, "volume": 47268, "typical_volume": 28276.0, "trend": 22.21, "fair_value": 19.726282, "relative_strength": -9.082244, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.762472, "energy": 44.451176, "activity_lines": [ 23.226667, 22.534545, 21.872857, 21.952473 ] }, { "date": "2025-06-20", "close": 23.299999, "volume": 33403, "typical_volume": 29286.95, "trend": 22.203333, "fair_value": 19.757051, "relative_strength": -8.108996, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.226131, "energy": 34.534729, "activity_lines": [ 23.2, 22.818182, 22.017619, 22.022796 ] }, { "date": "2025-06-27", "close": 23.4, "volume": 42158, "typical_volume": 30718.5, "trend": 22.206667, "fair_value": 19.786538, "relative_strength": -10.052535, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.205015, "energy": 28.11921, "activity_lines": [ 23.273333, 23.042727, 22.168095, 22.1 ] }, { "date": "2025-07-04", "close": 24.0, "volume": 10731, "typical_volume": 29865.3, "trend": 22.203333, "fair_value": 19.819872, "relative_strength": -6.599078, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.466618, "energy": 43.559013, "activity_lines": [ 23.533333, 23.323636, 22.369047, 22.215699 ] }, { "date": "2025-07-11", "close": 25.4, "volume": 23061, "typical_volume": 30473.75, "trend": 22.256667, "fair_value": 19.865064, "relative_strength": -2.986739, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.182177, "energy": 64.967953, "activity_lines": [ 24.206666, 23.772727, 22.697143, 22.421935 ] }, { "date": "2025-07-18", "close": 26.1, "volume": 13868, "typical_volume": 29882.0, "trend": 22.376667, "fair_value": 19.914103, "relative_strength": -0.329053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.048838, "energy": 81.164611, "activity_lines": [ 24.946667, 24.247273, 23.078095, 22.669892 ] }, { "date": "2025-07-25", "close": 26.299999, "volume": 12086, "typical_volume": 29481.4, "trend": 22.51, "fair_value": 19.957051, "relative_strength": 0.84065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.794543, "energy": 86.201155, "activity_lines": [ 25.566666, 24.681818, 23.462857, 22.923011 ] }, { "date": "2025-08-01", "close": 25.4, "volume": 37890, "typical_volume": 29320.4, "trend": 22.586667, "fair_value": 19.988462, "relative_strength": 0.930566, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.608632, "energy": 77.936256, "activity_lines": [ 25.686666, 24.916363, 23.740952, 23.109462 ] }, { "date": "2025-08-08", "close": 30.0, "volume": 47028, "typical_volume": 30894.4, "trend": 22.84, "fair_value": 20.047436, "relative_strength": 15.48002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.620569, "energy": 92.35859, "activity_lines": [ 27.206666, 25.947272, 24.43619, 23.587742 ] }, { "date": "2025-08-15", "close": 30.1, "volume": 45332, "typical_volume": 32767.15, "trend": 23.07, "fair_value": 20.113462, "relative_strength": 15.049588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.334113, "energy": 93.868728, "activity_lines": [ 28.36, 26.872727, 25.103333, 24.056129 ] }, { "date": "2025-08-22", "close": 29.4, "volume": 24685, "typical_volume": 32118.5, "trend": 23.3, "fair_value": 20.178205, "relative_strength": 12.509481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.041742, "energy": 88.298025, "activity_lines": [ 28.966667, 27.54, 25.657619, 24.464516 ] }, { "date": "2025-08-29", "close": 28.5, "volume": 20726, "typical_volume": 30520.15, "trend": 23.5, "fair_value": 20.250321, "relative_strength": 11.258628, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.388557, "energy": 85.18969, "activity_lines": [ 29.053333, 27.932727, 26.082381, 24.8 ] }, { "date": "2025-09-05", "close": 29.4, "volume": 31785, "typical_volume": 31078.65, "trend": 23.746667, "fair_value": 20.33141, "relative_strength": 16.222154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.068866, "energy": 74.658006, "activity_lines": [ 29.293333, 28.394545, 26.547857, 25.180645 ] }, { "date": "2025-09-12", "close": 29.0, "volume": 14799, "typical_volume": 30293.45, "trend": 23.956667, "fair_value": 20.40609, "relative_strength": 14.273949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.135311, "energy": 60.303452, "activity_lines": [ 29.133333, 28.674545, 26.932857, 25.51957 ] }, { "date": "2025-09-19", "close": 31.200001, "volume": 61786, "typical_volume": 32150.2, "trend": 24.246667, "fair_value": 20.495192, "relative_strength": 23.129533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.401074, "energy": 64.935842, "activity_lines": [ 29.773334, 29.263637, 27.480952, 25.986882 ] }, { "date": "2025-09-26", "close": 31.200001, "volume": 33997, "typical_volume": 32571.2, "trend": 24.523333, "fair_value": 20.600962, "relative_strength": 22.318282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.210235, "energy": 62.912385, "activity_lines": [ 30.340001, 29.747273, 27.974762, 26.435484 ] }, { "date": "2025-10-03", "close": 29.799999, "volume": 30193, "typical_volume": 29989.3, "trend": 24.786667, "fair_value": 20.690705, "relative_strength": 13.726097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.014967, "energy": 53.123316, "activity_lines": [ 30.32, 29.883636, 28.290952, 26.775914 ] }, { "date": "2025-10-10", "close": 28.299999, "volume": 18859, "typical_volume": 28774.75, "trend": 25.03, "fair_value": 20.769872, "relative_strength": 8.511555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.564275, "energy": 46.071543, "activity_lines": [ 29.713333, 29.683636, 28.438095, 27.002581 ] }, { "date": "2025-10-17", "close": 27.299999, "volume": 13494, "typical_volume": 28835.75, "trend": 25.203333, "fair_value": 20.841346, "relative_strength": 6.371989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.244294, "energy": 26.445327, "activity_lines": [ 28.846666, 29.249091, 28.465714, 27.149032 ] }, { "date": "2025-10-24", "close": 29.5, "volume": 25891, "typical_volume": 29452.0, "trend": 25.506667, "fair_value": 20.913141, "relative_strength": 12.768479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.927202, "energy": 21.82729, "activity_lines": [ 28.826666, 29.263636, 28.683333, 27.426236 ] }, { "date": "2025-10-31", "close": 31.299999, "volume": 26550, "typical_volume": 28416.1, "trend": 25.876666, "fair_value": 21.000962, "relative_strength": 20.625156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.703475, "energy": 28.641455, "activity_lines": [ 29.519999, 29.616363, 29.040952, 27.8 ] }, { "date": "2025-11-07", "close": 31.4, "volume": 29799, "typical_volume": 28235.9, "trend": 26.288333, "fair_value": 21.0875, "relative_strength": 22.46127, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.815042, "energy": 43.198069, "activity_lines": [ 30.24, 29.952727, 29.37, 28.156344 ] }, { "date": "2025-11-14", "close": 28.6, "volume": 15145, "typical_volume": 26885.25, "trend": 26.558333, "fair_value": 21.174038, "relative_strength": 10.188874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.427911, "energy": 37.723601, "activity_lines": [ 29.92, 29.727272, 29.393809, 28.305484 ] }, { "date": "2025-11-21", "close": 25.200001, "volume": 52499, "typical_volume": 28973.65, "trend": 26.756667, "fair_value": 21.236859, "relative_strength": 0.610991, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -2.485434, "energy": 5.765044, "activity_lines": [ 28.446667, 28.898182, 29.069048, 28.217849 ] }, { "date": "2025-11-28", "close": 26.1, "volume": 35313, "typical_volume": 29586.25, "trend": 26.966667, "fair_value": 21.294551, "relative_strength": 1.113101, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -4.564909, "energy": 18.038915, "activity_lines": [ 27.413334, 28.301818, 28.824286, 28.175484 ] }, { "date": "2025-12-05", "close": 28.0, "volume": 16500, "typical_volume": 29717.85, "trend": 27.17, "fair_value": 21.371795, "relative_strength": 7.642407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.479853, "energy": 23.00754, "activity_lines": [ 27.24, 28.143636, 28.757143, 28.24215 ] }, { "date": "2025-12-12", "close": 25.799999, "volume": 10450, "typical_volume": 29636.05, "trend": 27.22, "fair_value": 21.433654, "relative_strength": -1.289903, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.269677, "energy": 34.015316, "activity_lines": [ 26.553333, 27.643636, 28.471428, 28.153763 ] }, { "date": "2025-12-19", "close": 25.5, "volume": 10368, "typical_volume": 28259.95, "trend": 27.296667, "fair_value": 21.486859, "relative_strength": -2.7057, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.583151, "energy": 48.415962, "activity_lines": [ 26.14, 27.161818, 28.159524, 28.042796 ] }, { "date": "2025-12-26", "close": 24.700001, "volume": 7553, "typical_volume": 26286.2, "trend": 27.346667, "fair_value": 21.537821, "relative_strength": -5.788366, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.070292, "energy": 52.811437, "activity_lines": [ 25.666667, 26.585455, 27.770952, 27.875269 ] }, { "date": "2026-01-02", "close": 25.6, "volume": 15610, "typical_volume": 24800.1, "trend": 27.436667, "fair_value": 21.595192, "relative_strength": -2.945382, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.54327, "energy": 52.244568, "activity_lines": [ 25.526667, 26.22, 27.493333, 27.762581 ] }, { "date": "2026-01-09", "close": 27.6, "volume": 45987, "typical_volume": 25865.2, "trend": 27.58, "fair_value": 21.6625, "relative_strength": 1.673403, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.272362, "energy": 29.113735, "activity_lines": [ 26.086667, 26.289091, 27.427619, 27.773118 ] }, { "date": "2026-01-16", "close": 27.4, "volume": 9558, "typical_volume": 25306.8, "trend": 27.716667, "fair_value": 21.727564, "relative_strength": 0.843292, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.889424, "energy": 16.557611, "activity_lines": [ 26.606667, 26.389091, 27.351429, 27.761505 ] }, { "date": "2026-01-23", "close": 25.9, "volume": 11246, "typical_volume": 24279.85, "trend": 27.8, "fair_value": 21.783654, "relative_strength": -3.139809, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.384461, "energy": 22.838032, "activity_lines": [ 26.52, 26.289091, 27.137619, 27.644301 ] }, { "date": "2026-01-30", "close": 25.6, "volume": 29448, "typical_volume": 25012.3, "trend": 27.853333, "fair_value": 21.834295, "relative_strength": -2.863542, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.517105, "energy": 22.783061, "activity_lines": [ 26.306667, 26.183636, 26.911905, 27.502366 ] }, { "date": "2026-02-06", "close": 24.0, "volume": 27077, "typical_volume": 23276.85, "trend": 27.806667, "fair_value": 21.872115, "relative_strength": -9.54429, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.998145, "energy": 43.746296, "activity_lines": [ 25.5, 25.78, 26.55, 27.253763 ] }, { "date": "2026-02-13", "close": 23.9, "volume": 32141, "typical_volume": 23184.05, "trend": 27.733333, "fair_value": 21.904808, "relative_strength": -10.541913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.553612, "energy": 64.411816, "activity_lines": [ 24.766667, 25.396364, 26.212857, 27.00172 ] }, { "date": "2026-02-20", "close": 23.0, "volume": 138999, "typical_volume": 28624.35, "trend": 27.623333, "fair_value": 21.929487, "relative_strength": -14.938092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.844924, "energy": 75.246929, "activity_lines": [ 23.98, 24.923636, 25.824762, 26.696344 ] }, { "date": "2026-02-27", "close": 24.1, "volume": 41823, "typical_volume": 29772.55, "trend": 27.58, "fair_value": 21.967308, "relative_strength": -10.853231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.881034, "energy": 69.333438, "activity_lines": [ 23.853333, 24.701818, 25.57381, 26.469032 ] }, { "date": "2026-03-06", "close": 24.299999, "volume": 11957, "typical_volume": 29695.7, "trend": 27.39, "fair_value": 22.0125, "relative_strength": -3.797272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.901766, "energy": 58.9862, "activity_lines": [ 23.913333, 24.541818, 25.361905, 26.257419 ] }, { "date": "2026-03-13", "close": 22.5, "volume": 97171, "typical_volume": 33259.7, "trend": 27.136667, "fair_value": 22.046795, "relative_strength": -10.451362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.40287, "energy": 53.354772, "activity_lines": [ 23.46, 24.061818, 24.992857, 25.941935 ] }, { "date": "2026-03-20", "close": 22.0, "volume": 171312, "typical_volume": 40497.8, "trend": 26.89, "fair_value": 22.076282, "relative_strength": -8.295445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.178226, "energy": 50.456877, "activity_lines": [ 22.94, 23.547273, 24.609524, 25.610538 ] }, { "date": "2026-03-27", "close": 21.700001, "volume": 32003, "typical_volume": 40608.0, "trend": 26.663333, "fair_value": 22.096474, "relative_strength": -9.329218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.761117, "energy": 51.651049, "activity_lines": [ 22.446667, 23.08, 24.241905, 25.275699 ] }, { "date": "2026-04-03", "close": 21.5, "volume": 15191, "typical_volume": 40610.3, "trend": 26.4, "fair_value": 22.117949, "relative_strength": -13.449526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.613, "energy": 63.753634, "activity_lines": [ 21.973334, 22.68, 23.901429, 24.942581 ] }, { "date": "2026-04-10", "close": 21.5, "volume": 39758, "typical_volume": 39973.25, "trend": 26.15, "fair_value": 22.138782, "relative_strength": -15.713456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.492423, "energy": 63.201685, "activity_lines": [ 21.673334, 22.36, 23.594762, 24.626452 ] }, { "date": "2026-04-17", "close": 22.4, "volume": 48995, "typical_volume": 40657.35, "trend": 25.856667, "fair_value": 22.1625, "relative_strength": -15.287463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.490322, "energy": 47.768409, "activity_lines": [ 21.86, 22.278182, 23.391429, 24.384516 ] }, { "date": "2026-04-24", "close": 22.9, "volume": 34523, "typical_volume": 41558.5, "trend": 25.58, "fair_value": 22.195513, "relative_strength": -11.471987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.953464, "energy": 39.67547, "activity_lines": [ 22.22, 22.316364, 23.253333, 24.193763 ] }, { "date": "2026-05-01", "close": 22.9, "volume": 6786, "typical_volume": 41375.3, "trend": 25.35, "fair_value": 22.234295, "relative_strength": -12.201403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.9169, "energy": 28.520702, "activity_lines": [ 22.52, 22.372727, 23.139524, 24.02086 ] }, { "date": "2026-05-08", "close": 22.6, "volume": 19521, "typical_volume": 41832.95, "trend": 25.16, "fair_value": 22.274679, "relative_strength": -13.511027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.605906, "energy": 22.395135, "activity_lines": [ 22.64, 22.376364, 23.010952, 23.843441 ] }, { "date": "2026-05-15", "close": 21.700001, "volume": 58013, "typical_volume": 44355.95, "trend": 24.973333, "fair_value": 22.303526, "relative_strength": -15.433458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.609783, "energy": 26.677399, "activity_lines": [ 22.386667, 22.243637, 22.810476, 23.620215 ] }, { "date": "2026-05-22", "close": 21.200001, "volume": 13530, "typical_volume": 44251.95, "trend": 24.696667, "fair_value": 22.328205, "relative_strength": -20.309685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.831344, "energy": 38.72803, "activity_lines": [ 21.953334, 22.067273, 22.576667, 23.376774 ] }, { "date": "2026-05-29", "close": 21.1, "volume": 14790, "typical_volume": 42692.1, "trend": 24.356667, "fair_value": 22.345513, "relative_strength": -21.189377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.466909, "energy": 50.982381, "activity_lines": [ 21.566667, 21.896364, 22.354286, 23.144731 ] }, { "date": "2026-06-05", "close": 20.4, "volume": 644, "typical_volume": 42246.4, "trend": 23.99, "fair_value": 22.364423, "relative_strength": -22.575086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.32361, "energy": 68.446023, "activity_lines": [ 21.066667, 21.614546, 22.096191, 22.889462 ] }, { "date": "2026-06-12", "close": 21.0, "volume": 13415, "typical_volume": 42354.85, "trend": 23.736667, "fair_value": 22.378205, "relative_strength": -19.69672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.04158, "energy": 71.370717, "activity_lines": [ 20.933334, 21.465455, 21.928572, 22.696559 ] }, { "date": "2026-06-19", "close": 21.6, "volume": 14318, "typical_volume": 41598.35, "trend": 23.616667, "fair_value": 22.402564, "relative_strength": -18.363873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.940431, "energy": 60.975238, "activity_lines": [ 21.106667, 21.434546, 21.841429, 22.55871 ] }, { "date": "2026-06-26", "close": 22.299999, "volume": 1517, "typical_volume": 40320.35, "trend": 23.49, "fair_value": 22.429167, "relative_strength": -14.535248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.911268, "energy": 37.033447, "activity_lines": [ 21.52, 21.529091, 21.84, 22.473763 ] }, { "date": "2026-07-03", "close": 22.9, "volume": 8483, "typical_volume": 39137.45, "trend": 23.32, "fair_value": 22.462821, "relative_strength": -15.823546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.122106, "energy": 16.423258, "activity_lines": [ 22.06, 21.734545, 21.90381, 22.435699 ] }, { "date": "2026-07-10", "close": 22.799999, "volume": 17109, "typical_volume": 33042.95, "trend": 23.22, "fair_value": 22.497756, "relative_strength": -13.593187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.124265, "energy": 20.149774, "activity_lines": [ 22.446666, 21.921818, 21.962857, 22.402151 ] }, { "date": "2026-07-17", "close": 22.299999, "volume": 6716, "typical_volume": 31287.6, "trend": 23.113333, "fair_value": 22.527564, "relative_strength": -14.408543, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.410873, "energy": 19.850187, "activity_lines": [ 22.506666, 22.02, 21.975238, 22.342796 ] }, { "date": "2026-07-24", "close": 22.0, "volume": 7250, "typical_volume": 31052.25, "trend": 23.023333, "fair_value": 22.55641, "relative_strength": -16.139744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.907075, "energy": 16.197875, "activity_lines": [ 22.379999, 22.069091, 21.967619, 22.270968 ] }, { "date": "2026-07-31", "close": 23.0, "volume": 29489, "typical_volume": 27668.15, "trend": 22.936667, "fair_value": 22.590385, "relative_strength": -13.845563, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.961162, "energy": 12.102952, "activity_lines": [ 22.56, 22.294545, 22.06619, 22.269462 ] }, { "date": "2026-08-07", "close": 24.0, "volume": 38877, "typical_volume": 21046.4, "trend": 22.816667, "fair_value": 22.629167, "relative_strength": -11.921153, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.397043, "energy": 34.662457, "activity_lines": [ 23.026666, 22.669091, 22.257619, 22.338064 ] } ], "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." } } }