{ "ticker": { "uuid": "ae1d765e-b0d6-4b97-a1b5-8c1ffd00cd3f", "symbol": "2401", "name": "Sunplus Technology Company Limited", "exchange": "TAI", "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": "2026-08-21", "benchmark": "^TWII", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 77.722, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 2.188, "architecture_energy": 16.459, "architecture_maturity": 16.074, "architecture_confidence": 72.582, "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": 62.7, "rotation_up": 15.21, "upward_expansion": 41.16, "deceleration": 85.03, "rotation_down": 39.66, "downward_expansion": 32.83 }, "activity_lines": [ 26.246666, 27.642727, 28.209524, 27.058602 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 25.5, "trend_reference": 25.471667, "distance_from_trend": 0.001112, "trend_direction": "Improving", "fair_value": 27.263782, "distance_from_fair_value": -0.064693, "fair_value_direction": "Weakening", "relative_strength": -21.016114, "relative_strength_direction": "Weakening", "price_momentum": 0.186047, "excess_performance": -0.159686, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.001112, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.128063, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.064693, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.196626, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.210161, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.160946, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.186047, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.78955, "read": "Supply-led" } ], "volume": { "latest": 13019325, "relative_activity": 0.268458, "balance": 0.78955, "dry_up": 0.344812, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.157919, "annualized_volatility": 0.626065, "from_high_reference": -0.284713, "from_low_reference": 0.335079 }, "levels": { "trend_reference": 25.471667, "fair_value_reference": 27.263782, "structural_low": 19.299999, "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": 13, "median_return": -0.057971, "positive_rate": 0.307692, "directional_follow_through": 0.307692, "median_excess_return": -0.040833, "regime_survival": 0.384615, "best_return": 0.231884, "worst_return": -0.272242, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.076423, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.094027, "regime_survival": 0.0, "best_return": 0.113782, "worst_return": -0.312187, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.05762, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.111744, "regime_survival": 0.333333, "best_return": 0.238095, "worst_return": -0.253539, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.173418, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.184587, "regime_survival": 0.5, "best_return": 0.234938, "worst_return": -0.357746, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": -0.060163, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.092466, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": -0.00641, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-02-14", "tenure": "Established", "return": 0.008403, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.1202, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-08-15", "tenure": "Established", "return": -0.211765, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": -0.015686, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": -0.044304, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.160521, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-19", "tenure": "New", "return": 0.004926, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-16", "tenure": "New", "return": 0.084788, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-04-24", "tenure": "Established", "return": 0.135857, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.122407, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-14", "end": "2026-08-21", "tenure": "New", "return": -0.048507, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 30.25, "volume": 59253047, "typical_volume": 25120572.35, "trend": 26.004422, "fair_value": 26.15793, "relative_strength": 13.38874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.5072, "energy": 47.268977, "activity_lines": [ 30.013333, 29.583353, 28.041418, 27.067771 ] }, { "date": "2023-08-25", "close": 31.549999, "volume": 60761884, "typical_volume": 28065398.25, "trend": 26.312061, "fair_value": 26.289562, "relative_strength": 17.24489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.973097, "energy": 50.426243, "activity_lines": [ 30.613333, 29.987284, 28.506276, 27.42555 ] }, { "date": "2023-09-01", "close": 31.25, "volume": 62871592, "typical_volume": 30825326.9, "trend": 26.539539, "fair_value": 26.416112, "relative_strength": 14.782374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.985837, "energy": 47.257703, "activity_lines": [ 30.916666, 30.296134, 28.908172, 27.744127 ] }, { "date": "2023-09-08", "close": 32.099998, "volume": 133590075, "typical_volume": 36821431.25, "trend": 26.774139, "fair_value": 26.551556, "relative_strength": 18.109792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.892714, "energy": 48.211324, "activity_lines": [ 31.386666, 30.723559, 29.359455, 28.102866 ] }, { "date": "2023-09-15", "close": 32.25, "volume": 38751783, "typical_volume": 38467295.5, "trend": 26.994159, "fair_value": 26.687388, "relative_strength": 15.919781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.206415, "energy": 58.970803, "activity_lines": [ 31.783333, 31.106363, 29.78545, 28.456147 ] }, { "date": "2023-09-22", "close": 29.85, "volume": 32904511, "typical_volume": 39967576.9, "trend": 27.137443, "fair_value": 26.802668, "relative_strength": 11.040979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.190617, "energy": 40.585756, "activity_lines": [ 31.24, 30.978181, 29.939787, 28.640395 ] }, { "date": "2023-09-29", "close": 29.049999, "volume": 11798565, "typical_volume": 40350198.9, "trend": 27.255692, "fair_value": 26.912245, "relative_strength": 7.8973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.713289, "energy": 27.463531, "activity_lines": [ 30.456666, 30.700909, 29.987208, 28.763786 ] }, { "date": "2023-10-06", "close": 30.200001, "volume": 16136988, "typical_volume": 40931676.45, "trend": 27.431853, "fair_value": 27.020871, "relative_strength": 10.793623, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.293361, "energy": 19.712003, "activity_lines": [ 30.223333, 30.624545, 30.114907, 28.953741 ] }, { "date": "2023-10-13", "close": 30.299999, "volume": 11948447, "typical_volume": 41264445.45, "trend": 27.627665, "fair_value": 27.137887, "relative_strength": 9.300431, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.514615, "energy": 19.680016, "activity_lines": [ 30.093333, 30.553636, 30.218805, 29.138783 ] }, { "date": "2023-10-20", "close": 32.049999, "volume": 47372028, "typical_volume": 43062510.25, "trend": 27.878546, "fair_value": 27.265834, "relative_strength": 17.629869, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.926204, "energy": 23.506236, "activity_lines": [ 30.666666, 30.799999, 30.458367, 29.424095 ] }, { "date": "2023-10-27", "close": 31.6, "volume": 96033539, "typical_volume": 46091246.9, "trend": 28.119323, "fair_value": 27.385156, "relative_strength": 17.777277, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.315657, "energy": 31.315462, "activity_lines": [ 31.103333, 30.93, 30.620164, 29.664188 ] }, { "date": "2023-11-03", "close": 29.950001, "volume": 22223240, "typical_volume": 42273036.1, "trend": 28.306731, "fair_value": 27.495049, "relative_strength": 8.955425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.427283, "energy": 26.97219, "activity_lines": [ 30.873333, 30.735454, 30.598812, 29.782297 ] }, { "date": "2023-11-10", "close": 31.1, "volume": 75310549, "typical_volume": 44880543.3, "trend": 28.522682, "fair_value": 27.609444, "relative_strength": 11.825329, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.699585, "energy": 27.81638, "activity_lines": [ 30.966667, 30.779091, 30.683987, 29.962508 ] }, { "date": "2023-11-17", "close": 34.5, "volume": 72237367, "typical_volume": 47660836.45, "trend": 28.879705, "fair_value": 27.749652, "relative_strength": 19.81405, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.509128, "energy": 47.802488, "activity_lines": [ 32.133333, 31.443636, 31.084266, 30.348141 ] }, { "date": "2023-11-24", "close": 35.549999, "volume": 134800128, "typical_volume": 53130440.15, "trend": 29.291308, "fair_value": 27.894007, "relative_strength": 22.305438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.415034, "energy": 65.343943, "activity_lines": [ 33.37, 32.255454, 31.554285, 30.778483 ] }, { "date": "2023-12-01", "close": 35.75, "volume": 88007416, "typical_volume": 56047112.35, "trend": 29.70305, "fair_value": 28.04108, "relative_strength": 21.340843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.125617, "energy": 75.996007, "activity_lines": [ 34.44, 33.043636, 32.008095, 31.195172 ] }, { "date": "2023-12-08", "close": 36.400002, "volume": 46180003, "typical_volume": 56472724.0, "trend": 30.152776, "fair_value": 28.183995, "relative_strength": 23.339418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.014318, "energy": 82.27016, "activity_lines": [ 35.45, 33.842728, 32.494762, 31.627234 ] }, { "date": "2023-12-15", "close": 34.849998, "volume": 44423295, "typical_volume": 56852104.45, "trend": 30.541045, "fair_value": 28.316974, "relative_strength": 15.712514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.658377, "energy": 74.488559, "activity_lines": [ 35.513333, 34.226363, 32.796666, 31.93028 ] }, { "date": "2023-12-22", "close": 33.599998, "volume": 18851412, "typical_volume": 55232558.4, "trend": 30.868068, "fair_value": 28.432755, "relative_strength": 11.69618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.877002, "energy": 55.71784, "activity_lines": [ 34.909999, 34.298181, 32.954047, 32.127632 ] }, { "date": "2023-12-29", "close": 34.349998, "volume": 15766922, "typical_volume": 54461139.55, "trend": 31.189089, "fair_value": 28.554205, "relative_strength": 11.623916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.046561, "energy": 39.653237, "activity_lines": [ 34.616665, 34.446363, 33.166904, 32.352273 ] }, { "date": "2024-01-05", "close": 33.0, "volume": 10480480, "typical_volume": 52022511.2, "trend": 31.417793, "fair_value": 28.667575, "relative_strength": 9.349386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.921858, "energy": 22.168719, "activity_lines": [ 33.953332, 34.307272, 33.23119, 32.469106 ] }, { "date": "2024-01-12", "close": 31.5, "volume": 17976421, "typical_volume": 49883238.05, "trend": 31.49044, "fair_value": 28.770182, "relative_strength": 4.158535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.053014, "energy": 17.910845, "activity_lines": [ 32.973333, 33.869999, 33.139523, 32.47441 ] }, { "date": "2024-01-19", "close": 33.099998, "volume": 38925837, "typical_volume": 48685950.3, "trend": 31.618053, "fair_value": 28.877304, "relative_strength": 7.960565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.616279, "energy": 18.847404, "activity_lines": [ 32.853332, 33.695454, 33.200476, 32.578252 ] }, { "date": "2024-01-26", "close": 32.049999, "volume": 22275935, "typical_volume": 43120243.3, "trend": 31.748193, "fair_value": 28.975973, "relative_strength": 2.389493, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.843567, "energy": 17.219971, "activity_lines": [ 32.499999, 33.293635, 33.152618, 32.606119 ] }, { "date": "2024-02-02", "close": 31.700001, "volume": 11923593, "typical_volume": 41778833.8, "trend": 31.866666, "fair_value": 29.050009, "relative_strength": 0.696152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.44672, "energy": 14.112459, "activity_lines": [ 32.133333, 32.872727, 33.071666, 32.60301 ] }, { "date": "2024-02-09", "close": 30.950001, "volume": 3523417, "typical_volume": 40309779.1, "trend": 31.91, "fair_value": 29.10345, "relative_strength": -1.993317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.446013, "energy": 22.765743, "activity_lines": [ 31.693333, 32.385454, 32.921904, 32.543871 ] }, { "date": "2024-02-16", "close": 32.799999, "volume": 6425040, "typical_volume": 40041102.85, "trend": 32.05, "fair_value": 29.169612, "relative_strength": 0.893912, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.873107, "energy": 19.067959, "activity_lines": [ 32.006667, 32.321818, 32.943095, 32.60129 ] }, { "date": "2024-02-23", "close": 33.150002, "volume": 29529364, "typical_volume": 40710721.65, "trend": 32.171666, "fair_value": 29.24548, "relative_strength": 0.330479, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 11.181751, "energy": 11.352009, "activity_lines": [ 32.350001, 32.387273, 32.979762, 32.672258 ] }, { "date": "2024-03-01", "close": 32.599998, "volume": 12206240, "typical_volume": 40723611.3, "trend": 32.25, "fair_value": 29.301461, "relative_strength": -1.672486, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.477866, "energy": 10.396088, "activity_lines": [ 32.506667, 32.383636, 32.95, 32.699892 ] }, { "date": "2024-03-08", "close": 31.200001, "volume": 14573489, "typical_volume": 39083684.35, "trend": 32.285, "fair_value": 29.353634, "relative_strength": -9.907587, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.021248, "energy": 7.16094, "activity_lines": [ 32.16, 32.143636, 32.775952, 32.63215 ] }, { "date": "2024-03-15", "close": 28.799999, "volume": 17123040, "typical_volume": 35138159.4, "trend": 32.236666, "fair_value": 29.396164, "relative_strength": -16.295361, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.219602, "energy": 41.733313, "activity_lines": [ 31.046666, 31.524545, 32.377381, 32.407312 ] }, { "date": "2024-03-22", "close": 28.799999, "volume": 13285965, "typical_volume": 34691295.65, "trend": 32.145, "fair_value": 29.438119, "relative_strength": -18.449257, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.646524, "energy": 62.859681, "activity_lines": [ 30.076666, 30.981818, 31.992142, 32.185591 ] }, { "date": "2024-03-29", "close": 28.049999, "volume": 15864390, "typical_volume": 31718987.7, "trend": 32.038333, "fair_value": 29.46723, "relative_strength": -20.696778, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.858075, "energy": 81.081522, "activity_lines": [ 29.123333, 30.351818, 31.540952, 31.921397 ] }, { "date": "2024-04-05", "close": 27.950001, "volume": 5377949, "typical_volume": 28376016.8, "trend": 31.9, "fair_value": 29.47819, "relative_strength": -21.006054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.712837, "energy": 84.414294, "activity_lines": [ 28.476666, 29.795454, 31.094762, 31.657634 ] }, { "date": "2024-04-12", "close": 28.299999, "volume": 12236006, "typical_volume": 22247810.7, "trend": 31.768333, "fair_value": 29.481347, "relative_strength": -21.398551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.305243, "energy": 81.331305, "activity_lines": [ 28.256666, 29.377272, 30.713095, 31.425376 ] }, { "date": "2024-04-19", "close": 27.6, "volume": 73054279, "typical_volume": 21500153.85, "trend": 31.693333, "fair_value": 29.472267, "relative_strength": -18.494408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.320973, "energy": 79.90239, "activity_lines": [ 27.996666, 28.893636, 30.299285, 31.156451 ] }, { "date": "2024-04-26", "close": 27.700001, "volume": 13785043, "typical_volume": 19880405.85, "trend": 31.648333, "fair_value": 29.472152, "relative_strength": -20.512311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.405794, "energy": 70.826463, "activity_lines": [ 27.85, 28.489091, 29.933809, 30.898817 ] }, { "date": "2024-05-03", "close": 28.75, "volume": 51990915, "typical_volume": 20258786.85, "trend": 31.6, "fair_value": 29.471879, "relative_strength": -18.275152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.880733, "energy": 48.779001, "activity_lines": [ 28.126667, 28.368182, 29.709762, 30.711828 ] }, { "date": "2024-05-10", "close": 28.1, "volume": 20503468, "typical_volume": 20341389.65, "trend": 31.526666, "fair_value": 29.45079, "relative_strength": -21.477419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.774905, "energy": 44.654935, "activity_lines": [ 28.14, 28.209091, 29.452857, 30.486021 ] }, { "date": "2024-05-17", "close": 30.1, "volume": 34457781, "typical_volume": 21275932.6, "trend": 31.461666, "fair_value": 29.464625, "relative_strength": -18.046393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.888989, "energy": 28.47923, "activity_lines": [ 28.81, 28.495455, 29.412619, 30.393978 ] }, { "date": "2024-05-24", "close": 31.299999, "volume": 34288524, "typical_volume": 22466334.8, "trend": 31.451666, "fair_value": 29.516291, "relative_strength": -16.001226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.825164, "energy": 19.396642, "activity_lines": [ 29.76, 29.02, 29.506905, 30.383548 ] }, { "date": "2024-05-31", "close": 36.450001, "volume": 258291839, "typical_volume": 34482105.7, "trend": 31.668333, "fair_value": 29.597813, "relative_strength": -0.640901, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.920088, "energy": 38.554157, "activity_lines": [ 32.18, 30.435455, 30.099762, 30.706021 ] }, { "date": "2024-06-07", "close": 34.75, "volume": 60123495, "typical_volume": 35541988.6, "trend": 31.79, "fair_value": 29.651214, "relative_strength": -8.282409, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.148044, "energy": 42.847521, "activity_lines": [ 33.45, 31.402727, 30.507143, 30.904839 ] }, { "date": "2024-06-14", "close": 35.700001, "volume": 32463408, "typical_volume": 36051362.25, "trend": 31.83, "fair_value": 29.705252, "relative_strength": -8.369774, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.715992, "energy": 63.674184, "activity_lines": [ 34.636667, 32.420909, 30.997143, 31.157097 ] }, { "date": "2024-06-21", "close": 36.400002, "volume": 49803445, "typical_volume": 37945354.85, "trend": 31.858333, "fair_value": 29.752295, "relative_strength": -9.444045, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.615251, "energy": 71.347028, "activity_lines": [ 35.550001, 33.425455, 31.536429, 31.451936 ] }, { "date": "2024-06-28", "close": 36.200001, "volume": 66681809, "typical_volume": 41103274.45, "trend": 31.873333, "fair_value": 29.8015, "relative_strength": -8.983576, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.612656, "energy": 67.001541, "activity_lines": [ 35.976668, 34.246364, 32.034286, 31.732043 ] }, { "date": "2024-07-05", "close": 38.349998, "volume": 64720716, "typical_volume": 44018058.25, "trend": 31.938333, "fair_value": 29.863627, "relative_strength": -5.660056, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.731096, "energy": 76.379827, "activity_lines": [ 36.793333, 35.301818, 32.711905, 32.149893 ] }, { "date": "2024-07-12", "close": 37.25, "volume": 63868343, "typical_volume": 45735007.2, "trend": 32.018333, "fair_value": 29.91985, "relative_strength": -9.587399, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.790078, "energy": 57.863445, "activity_lines": [ 37.116667, 35.963637, 33.258333, 32.492581 ] }, { "date": "2024-07-19", "close": 34.400002, "volume": 56353288, "typical_volume": 47942359.6, "trend": 32.045, "fair_value": 29.940295, "relative_strength": -12.50881, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.253234, "energy": 45.66842, "activity_lines": [ 36.323334, 35.952728, 33.51381, 32.646237 ] }, { "date": "2024-07-26", "close": 32.650002, "volume": 13978719, "typical_volume": 47912621.1, "trend": 31.988333, "fair_value": 29.926271, "relative_strength": -13.922561, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.58104, "energy": 29.500367, "activity_lines": [ 35.033334, 35.509092, 33.594048, 32.685269 ] }, { "date": "2024-08-02", "close": 32.349998, "volume": 15134602, "typical_volume": 47813199.2, "trend": 31.966667, "fair_value": 29.875879, "relative_strength": -12.521981, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.222031, "energy": 21.158815, "activity_lines": [ 33.893333, 34.964546, 33.63881, 32.708602 ] }, { "date": "2024-08-09", "close": 30.4, "volume": 26163668, "typical_volume": 48457084.35, "trend": 31.93, "fair_value": 29.821598, "relative_strength": -16.772825, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 7.48726, "energy": 19.629094, "activity_lines": [ 32.36, 34.046364, 33.480953, 32.607527 ] }, { "date": "2024-08-16", "close": 30.75, "volume": 29084519, "typical_volume": 49118090.8, "trend": 31.851667, "fair_value": 29.776737, "relative_strength": -18.69805, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.188951, "energy": 26.559964, "activity_lines": [ 31.473333, 33.301818, 33.34881, 32.531398 ] }, { "date": "2024-08-23", "close": 32.450001, "volume": 31179191, "typical_volume": 50408152.9, "trend": 31.865, "fair_value": 29.770042, "relative_strength": -13.01809, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.906317, "energy": 22.214829, "activity_lines": [ 31.586667, 32.939091, 33.365715, 32.57 ] }, { "date": "2024-08-30", "close": 31.4, "volume": 10078408, "typical_volume": 50300273.0, "trend": 31.855, "fair_value": 29.755603, "relative_strength": -15.799047, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.688489, "energy": 24.302573, "activity_lines": [ 31.48, 32.444546, 33.261191, 32.54 ] }, { "date": "2024-09-06", "close": 28.9, "volume": 11530912, "typical_volume": 47224104.65, "trend": 31.786667, "fair_value": 29.720481, "relative_strength": -18.944099, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.474333, "energy": 40.807901, "activity_lines": [ 30.623334, 31.586364, 32.90381, 32.349355 ] }, { "date": "2024-09-13", "close": 29.200001, "volume": 7970157, "typical_volume": 46933360.35, "trend": 31.666667, "fair_value": 29.664865, "relative_strength": -18.794362, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.087952, "energy": 40.607398, "activity_lines": [ 30.096667, 30.915455, 32.56881, 32.182473 ] }, { "date": "2024-09-20", "close": 29.450001, "volume": 5806304, "typical_volume": 44624129.8, "trend": 31.543333, "fair_value": 29.62861, "relative_strength": -19.108515, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.412858, "energy": 45.513959, "activity_lines": [ 29.733334, 30.456364, 32.250477, 32.039463 ] }, { "date": "2024-09-27", "close": 31.9, "volume": 28772097, "typical_volume": 45037561.25, "trend": 31.52, "fair_value": 29.613009, "relative_strength": -14.547092, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.913113, "energy": 27.627238, "activity_lines": [ 30.273334, 30.584546, 32.162143, 32.062473 ] }, { "date": "2024-10-04", "close": 31.200001, "volume": 5315708, "typical_volume": 43580457.6, "trend": 31.52, "fair_value": 29.603401, "relative_strength": -14.039617, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.485604, "energy": 19.712548, "activity_lines": [ 30.616667, 30.63091, 31.989048, 32.041828 ] }, { "date": "2024-10-11", "close": 30.15, "volume": 5856984, "typical_volume": 42158880.6, "trend": 31.565, "fair_value": 29.601037, "relative_strength": -18.634813, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.936745, "energy": 14.025292, "activity_lines": [ 30.623334, 30.512728, 31.710715, 31.953441 ] }, { "date": "2024-10-18", "close": 30.0, "volume": 9286197, "typical_volume": 29708598.5, "trend": 31.605, "fair_value": 29.59218, "relative_strength": -20.422554, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.982867, "energy": 12.671648, "activity_lines": [ 30.496667, 30.407273, 31.423572, 31.852473 ] }, { "date": "2024-10-25", "close": 31.0, "volume": 11348041, "typical_volume": 27269825.8, "trend": 31.703334, "fair_value": 29.592935, "relative_strength": -16.651129, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.453729, "energy": 12.432744, "activity_lines": [ 30.65, 30.490909, 31.262381, 31.813441 ] }, { "date": "2024-11-01", "close": 29.75, "volume": 7119998, "typical_volume": 26002655.3, "trend": 31.763334, "fair_value": 29.564717, "relative_strength": -17.510013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.78499, "energy": 34.168833, "activity_lines": [ 30.283333, 30.342728, 31.0, 31.68742 ] }, { "date": "2024-11-08", "close": 30.1, "volume": 8341056, "typical_volume": 23929535.85, "trend": 31.823334, "fair_value": 29.542235, "relative_strength": -18.70248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.240689, "energy": 37.55967, "activity_lines": [ 30.176667, 30.307273, 30.799286, 31.580108 ] }, { "date": "2024-11-15", "close": 28.4, "volume": 11783949, "typical_volume": 21184642.85, "trend": 31.85, "fair_value": 29.496629, "relative_strength": -19.816683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.196986, "energy": 52.209362, "activity_lines": [ 29.576667, 29.986364, 30.466667, 31.359248 ] }, { "date": "2024-11-22", "close": 28.700001, "volume": 9793879, "typical_volume": 18438301.0, "trend": 31.883334, "fair_value": 29.441884, "relative_strength": -18.735038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.705777, "energy": 59.742818, "activity_lines": [ 29.193334, 29.729091, 30.199762, 31.156022 ] }, { "date": "2024-11-29", "close": 28.0, "volume": 6936445, "typical_volume": 15591706.1, "trend": 31.858334, "fair_value": 29.383816, "relative_strength": -17.617284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.109908, "energy": 65.44623, "activity_lines": [ 28.663334, 29.353637, 29.912143, 30.905484 ] }, { "date": "2024-12-06", "close": 28.75, "volume": 6476110, "typical_volume": 13097847.2, "trend": 31.88, "fair_value": 29.343656, "relative_strength": -17.922012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.180092, "energy": 64.145818, "activity_lines": [ 28.583334, 29.140909, 29.74, 30.704947 ] }, { "date": "2024-12-13", "close": 27.700001, "volume": 22213627, "typical_volume": 13509592.6, "trend": 31.8, "fair_value": 29.281045, "relative_strength": -19.538639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.353174, "energy": 60.777932, "activity_lines": [ 28.22, 28.794546, 29.494762, 30.435269 ] }, { "date": "2024-12-20", "close": 27.35, "volume": 8720362, "typical_volume": 13188880.6, "trend": 31.668334, "fair_value": 29.228126, "relative_strength": -18.022485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.903396, "energy": 56.937282, "activity_lines": [ 27.9, 28.448182, 29.239762, 30.148172 ] }, { "date": "2024-12-27", "close": 29.4, "volume": 74948342, "typical_volume": 15628114.3, "trend": 31.433334, "fair_value": 29.193297, "relative_strength": -14.048065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.341181, "energy": 37.082118, "activity_lines": [ 28.333334, 28.525455, 29.20381, 30.001828 ] }, { "date": "2025-01-03", "close": 28.5, "volume": 25255954, "typical_volume": 15436686.05, "trend": 31.225, "fair_value": 29.152117, "relative_strength": -14.628534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.134049, "energy": 32.944395, "activity_lines": [ 28.42, 28.45, 29.086905, 29.812581 ] }, { "date": "2025-01-10", "close": 27.450001, "volume": 9021409, "typical_volume": 14328796.95, "trend": 30.95, "fair_value": 29.101877, "relative_strength": -17.484147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.589171, "energy": 34.751791, "activity_lines": [ 28.123334, 28.229091, 28.880715, 29.569033 ] }, { "date": "2025-01-17", "close": 27.65, "volume": 8708608, "typical_volume": 14260306.95, "trend": 30.658334, "fair_value": 29.061071, "relative_strength": -16.620564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.73619, "energy": 31.126935, "activity_lines": [ 27.98, 28.086364, 28.717381, 29.356129 ] }, { "date": "2025-01-24", "close": 28.25, "volume": 6081894, "typical_volume": 13987856.05, "trend": 30.393334, "fair_value": 29.035464, "relative_strength": -15.519615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.585575, "energy": 30.400559, "activity_lines": [ 28.04, 28.097273, 28.629048, 29.200753 ] }, { "date": "2025-02-07", "close": 29.85, "volume": 17515087, "typical_volume": 14465102.55, "trend": 30.11, "fair_value": 29.023025, "relative_strength": -9.966251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.811347, "energy": 15.97713, "activity_lines": [ 28.573333, 28.401818, 28.696191, 29.165699 ] }, { "date": "2025-02-14", "close": 30.0, "volume": 18375150, "typical_volume": 15093544.85, "trend": 29.868334, "fair_value": 29.018826, "relative_strength": -7.720075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.824837, "energy": 11.166285, "activity_lines": [ 29.126667, 28.712727, 28.774524, 29.158602 ] }, { "date": "2025-02-21", "close": 29.950001, "volume": 19790142, "typical_volume": 14644447.1, "trend": 29.72, "fair_value": 29.000623, "relative_strength": -9.495837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.860245, "energy": 14.20757, "activity_lines": [ 29.563334, 28.978182, 28.845476, 29.163871 ] }, { "date": "2025-02-28", "close": 29.049999, "volume": 9912205, "typical_volume": 14874271.95, "trend": 29.6, "fair_value": 28.978398, "relative_strength": -9.016406, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.555471, "energy": 15.846867, "activity_lines": [ 29.533333, 29.058182, 28.84, 29.120645 ] }, { "date": "2025-03-07", "close": 27.9, "volume": 9263626, "typical_volume": 15044604.05, "trend": 29.451667, "fair_value": 28.960446, "relative_strength": -10.16556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.301044, "energy": 12.983418, "activity_lines": [ 29.026667, 28.904545, 28.735238, 29.010968 ] }, { "date": "2025-03-14", "close": 27.700001, "volume": 7749039, "typical_volume": 14967746.15, "trend": 29.361667, "fair_value": 28.934807, "relative_strength": -7.934265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.180367, "energy": 20.215269, "activity_lines": [ 28.476667, 28.704546, 28.622143, 28.897957 ] }, { "date": "2025-03-21", "close": 28.1, "volume": 5028164, "typical_volume": 14651752.3, "trend": 29.273334, "fair_value": 28.91901, "relative_strength": -7.360946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.385374, "energy": 26.006887, "activity_lines": [ 28.203334, 28.608182, 28.558095, 28.816559 ] }, { "date": "2025-03-28", "close": 26.35, "volume": 6644098, "typical_volume": 14627957.3, "trend": 29.07, "fair_value": 28.887047, "relative_strength": -10.435331, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.904649, "energy": 53.862428, "activity_lines": [ 27.473333, 28.200909, 28.341191, 28.627957 ] }, { "date": "2025-04-04", "close": 25.5, "volume": 5952035, "typical_volume": 14508506.25, "trend": 28.873334, "fair_value": 28.849343, "relative_strength": -11.85452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.283085, "energy": 72.422679, "activity_lines": [ 26.7, 27.659091, 28.059524, 28.397635 ] }, { "date": "2025-04-11", "close": 20.450001, "volume": 10733567, "typical_volume": 14455987.15, "trend": 28.591667, "fair_value": 28.763256, "relative_strength": -22.54709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.59875, "energy": 89.461765, "activity_lines": [ 24.48, 26.238182, 27.31881, 27.854194 ] }, { "date": "2025-04-18", "close": 20.450001, "volume": 9324371, "typical_volume": 14432511.75, "trend": 28.3, "fair_value": 28.688232, "relative_strength": -21.667223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.156228, "energy": 95.851983, "activity_lines": [ 22.756667, 24.959091, 26.615953, 27.328925 ] }, { "date": "2025-04-25", "close": 21.299999, "volume": 10821125, "typical_volume": 14626745.75, "trend": 28.028334, "fair_value": 28.621276, "relative_strength": -19.982058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.977674, "energy": 90.360977, "activity_lines": [ 21.8, 24.005455, 26.033334, 26.877312 ] }, { "date": "2025-05-02", "close": 21.450001, "volume": 5261150, "typical_volume": 14565997.75, "trend": 27.68, "fair_value": 28.550624, "relative_strength": -22.581825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.997131, "energy": 87.926145, "activity_lines": [ 21.346667, 23.237273, 25.496905, 26.452903 ] }, { "date": "2025-05-09", "close": 21.35, "volume": 5539654, "typical_volume": 13732299.1, "trend": 27.351667, "fair_value": 28.49447, "relative_strength": -22.974981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.238643, "energy": 84.872798, "activity_lines": [ 21.186667, 22.605455, 24.985715, 26.044516 ] }, { "date": "2025-05-16", "close": 22.049999, "volume": 8999575, "typical_volume": 13746259.75, "trend": 27.081667, "fair_value": 28.432613, "relative_strength": -23.445553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.506892, "energy": 61.490145, "activity_lines": [ 21.536666, 22.240909, 24.571429, 25.702473 ] }, { "date": "2025-05-23", "close": 20.6, "volume": 10194232, "typical_volume": 10508554.25, "trend": 26.768334, "fair_value": 28.360297, "relative_strength": -27.355232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.647675, "energy": 60.825769, "activity_lines": [ 21.296666, 21.719091, 24.044286, 25.284301 ] }, { "date": "2025-05-30", "close": 20.0, "volume": 20112962, "typical_volume": 10251404.65, "trend": 26.401667, "fair_value": 28.279185, "relative_strength": -27.919043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.441744, "energy": 61.720948, "activity_lines": [ 20.846667, 21.217273, 23.501905, 24.847635 ] }, { "date": "2025-06-06", "close": 20.15, "volume": 6093536, "typical_volume": 10105011.0, "trend": 26.081667, "fair_value": 28.199618, "relative_strength": -27.581312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.061749, "energy": 59.602901, "activity_lines": [ 20.533333, 20.89, 23.014286, 24.444301 ] }, { "date": "2025-06-13", "close": 19.0, "volume": 8784087, "typical_volume": 10108784.95, "trend": 25.711667, "fair_value": 28.107147, "relative_strength": -32.250465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.703824, "energy": 65.449867, "activity_lines": [ 19.923333, 20.466364, 22.451905, 23.987419 ] }, { "date": "2025-06-20", "close": 18.299999, "volume": 6874935, "typical_volume": 10148437.0, "trend": 25.375, "fair_value": 28.018341, "relative_strength": -33.909467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.265464, "energy": 75.530553, "activity_lines": [ 19.236666, 20.033636, 21.864048, 23.509247 ] }, { "date": "2025-06-27", "close": 19.549999, "volume": 10769463, "typical_volume": 9811155.8, "trend": 25.07, "fair_value": 27.959672, "relative_strength": -30.319545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.2145, "energy": 59.64121, "activity_lines": [ 19.216666, 19.867272, 21.442619, 23.133441 ] }, { "date": "2025-07-04", "close": 18.6, "volume": 5294523, "typical_volume": 9157124.45, "trend": 24.756667, "fair_value": 27.906559, "relative_strength": -32.833447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.804457, "energy": 61.693185, "activity_lines": [ 18.95, 19.544545, 20.979762, 22.716021 ] }, { "date": "2025-07-11", "close": 18.200001, "volume": 3800602, "typical_volume": 8357647.45, "trend": 24.405, "fair_value": 27.856995, "relative_strength": -34.010257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.965868, "energy": 81.697839, "activity_lines": [ 18.643333, 19.198182, 20.533095, 22.293011 ] }, { "date": "2025-07-18", "close": 18.5, "volume": 5198060, "typical_volume": 8121940.2, "trend": 24.098333, "fair_value": 27.806735, "relative_strength": -33.932641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.808391, "energy": 69.398239, "activity_lines": [ 18.566667, 18.965454, 20.170952, 21.912043 ] }, { "date": "2025-07-25", "close": 19.25, "volume": 59279235, "typical_volume": 10622720.65, "trend": 23.828333, "fair_value": 27.761006, "relative_strength": -30.439125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.339154, "energy": 58.323035, "activity_lines": [ 18.773333, 18.920909, 19.930476, 21.599247 ] }, { "date": "2025-08-01", "close": 19.1, "volume": 9916705, "typical_volume": 10731103.95, "trend": 23.485, "fair_value": 27.695804, "relative_strength": -30.440744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.973306, "energy": 51.319588, "activity_lines": [ 18.866667, 18.9, 19.716905, 21.294194 ] }, { "date": "2025-08-08", "close": 19.4, "volume": 7977235, "typical_volume": 10878557.5, "trend": 23.181667, "fair_value": 27.638486, "relative_strength": -30.287811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.484086, "energy": 39.868363, "activity_lines": [ 19.09, 18.960909, 19.572857, 21.030645 ] }, { "date": "2025-08-15", "close": 20.1, "volume": 17078722, "typical_volume": 11400288.7, "trend": 22.936667, "fair_value": 27.588793, "relative_strength": -27.996906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.461598, "energy": 27.93056, "activity_lines": [ 19.493333, 19.16, 19.536905, 20.831828 ] }, { "date": "2025-08-22", "close": 25.5, "volume": 237265537, "typical_volume": 22965963.8, "trend": 22.865, "fair_value": 27.575912, "relative_strength": -5.984446, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 20.821284, "energy": 28.212204, "activity_lines": [ 21.57, 20.341818, 20.045, 20.997204 ] }, { "date": "2025-08-29", "close": 25.1, "volume": 103499145, "typical_volume": 27604242.7, "trend": 22.76, "fair_value": 27.568938, "relative_strength": -8.588484, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 42.221534, "energy": 45.644686, "activity_lines": [ 23.046667, 21.332727, 20.515, 21.141398 ] }, { "date": "2025-09-05", "close": 23.700001, "volume": 68497725, "typical_volume": 30562910.4, "trend": 22.555, "fair_value": 27.552049, "relative_strength": -13.96233, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.478792, "energy": 41.439551, "activity_lines": [ 23.666667, 21.945455, 20.829524, 21.202043 ] }, { "date": "2025-09-12", "close": 22.799999, "volume": 32747374, "typical_volume": 31659222.85, "trend": 22.315, "fair_value": 27.535353, "relative_strength": -19.792273, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.254553, "energy": 40.377829, "activity_lines": [ 23.68, 22.319091, 21.042857, 21.217849 ] }, { "date": "2025-09-19", "close": 24.049999, "volume": 44269907, "typical_volume": 33609660.7, "trend": 22.118333, "fair_value": 27.533572, "relative_strength": -15.150637, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.455627, "energy": 49.073686, "activity_lines": [ 23.883333, 22.843636, 21.368095, 21.329785 ] }, { "date": "2025-09-26", "close": 22.85, "volume": 15276728, "typical_volume": 34096514.4, "trend": 21.911667, "fair_value": 27.512176, "relative_strength": -18.776224, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.043595, "energy": 28.953894, "activity_lines": [ 23.423333, 23.043636, 21.566667, 21.376989 ] }, { "date": "2025-10-03", "close": 23.049999, "volume": 8671026, "typical_volume": 34080086.95, "trend": 21.75, "fair_value": 27.506809, "relative_strength": -20.938817, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.193033, "energy": 22.495498, "activity_lines": [ 23.206666, 23.200909, 21.777143, 21.45043 ] }, { "date": "2025-10-10", "close": 23.299999, "volume": 10351918, "typical_volume": 34087971.25, "trend": 21.603333, "fair_value": 27.514969, "relative_strength": -20.902878, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.17569, "energy": 18.17552, "activity_lines": [ 23.209999, 23.334545, 22.006666, 21.55043 ] }, { "date": "2025-10-17", "close": 22.65, "volume": 13327521, "typical_volume": 33748699.2, "trend": 21.421667, "fair_value": 27.510176, "relative_strength": -22.437601, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 37.780929, "energy": 21.583784, "activity_lines": [ 23.023333, 23.273636, 22.161428, 21.617957 ] }, { "date": "2025-10-24", "close": 23.049999, "volume": 10844616, "typical_volume": 33986253.2, "trend": 21.311667, "fair_value": 27.517674, "relative_strength": -21.102638, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.604472, "energy": 22.193734, "activity_lines": [ 22.979999, 23.226363, 22.341666, 21.72301 ] }, { "date": "2025-10-31", "close": 21.549999, "volume": 14065482, "typical_volume": 34250322.95, "trend": 21.18, "fair_value": 27.519008, "relative_strength": -27.325237, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.188565, "energy": 14.824934, "activity_lines": [ 22.503333, 22.852727, 22.365238, 21.738387 ] }, { "date": "2025-11-07", "close": 20.549999, "volume": 8213593, "typical_volume": 34317255.85, "trend": 21.183333, "fair_value": 27.511735, "relative_strength": -28.502343, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.371998, "energy": 12.626922, "activity_lines": [ 21.779999, 22.36909, 22.281428, 21.697742 ] }, { "date": "2025-11-14", "close": 20.35, "volume": 10812627, "typical_volume": 34319414.05, "trend": 21.18, "fair_value": 27.494709, "relative_strength": -27.827447, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.172838, "energy": 21.114285, "activity_lines": [ 21.156666, 21.931818, 22.167857, 21.643978 ] }, { "date": "2025-11-21", "close": 19.35, "volume": 10273078, "typical_volume": 34568341.8, "trend": 21.115, "fair_value": 27.467507, "relative_strength": -28.181678, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.194683, "energy": 43.668467, "activity_lines": [ 20.396666, 21.373636, 21.955238, 21.525914 ] }, { "date": "2025-11-28", "close": 20.299999, "volume": 6039400, "typical_volume": 34680281.7, "trend": 21.076666, "fair_value": 27.445767, "relative_strength": -27.193432, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.252377, "energy": 50.57349, "activity_lines": [ 20.173333, 21.050908, 21.829523, 21.473333 ] }, { "date": "2025-12-05", "close": 20.200001, "volume": 6525414, "typical_volume": 34746649.4, "trend": 21.038333, "fair_value": 27.42119, "relative_strength": -27.731903, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.220051, "energy": 54.079799, "activity_lines": [ 20.1, 20.778182, 21.684285, 21.416774 ] }, { "date": "2025-12-12", "close": 20.5, "volume": 6858249, "typical_volume": 32125600.1, "trend": 20.986666, "fair_value": 27.39226, "relative_strength": -26.49806, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.95769, "energy": 47.944668, "activity_lines": [ 20.216667, 20.608182, 21.559523, 21.382043 ] }, { "date": "2025-12-19", "close": 20.4, "volume": 7546569, "typical_volume": 32007093.3, "trend": 20.98, "fair_value": 27.368651, "relative_strength": -24.849807, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.421283, "energy": 26.684474, "activity_lines": [ 20.303333, 20.466363, 21.419285, 21.344193 ] }, { "date": "2025-12-26", "close": 20.049999, "volume": 6012420, "typical_volume": 31908852.55, "trend": 20.981666, "fair_value": 27.345622, "relative_strength": -27.634493, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.41958, "energy": 27.373636, "activity_lines": [ 20.27, 20.313636, 21.239523, 21.284193 ] }, { "date": "2026-01-02", "close": 20.200001, "volume": 6143312, "typical_volume": 31362082.05, "trend": 20.983333, "fair_value": 27.331713, "relative_strength": -28.247367, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.728024, "energy": 21.236628, "activity_lines": [ 20.24, 20.235455, 21.070952, 21.233763 ] }, { "date": "2026-01-09", "close": 20.25, "volume": 19139054, "typical_volume": 20455757.9, "trend": 21.025, "fair_value": 27.320949, "relative_strength": -29.486426, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.080481, "energy": 20.077326, "activity_lines": [ 20.233333, 20.218182, 20.906666, 21.186451 ] }, { "date": "2026-01-16", "close": 21.75, "volume": 21725952, "typical_volume": 16367098.25, "trend": 21.14, "fair_value": 27.315093, "relative_strength": -26.2144, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 1.682098, "energy": 6.919499, "activity_lines": [ 20.723333, 20.497273, 20.910238, 21.233226 ] }, { "date": "2026-01-23", "close": 22.450001, "volume": 31082553, "typical_volume": 14496339.65, "trend": 21.236667, "fair_value": 27.316235, "relative_strength": -24.394635, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.258591, "energy": 18.969843, "activity_lines": [ 21.363334, 20.881818, 20.996429, 21.317742 ] }, { "date": "2026-01-30", "close": 22.0, "volume": 18312273, "typical_volume": 13774584.6, "trend": 21.35, "fair_value": 27.314178, "relative_strength": -25.351053, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.069489, "energy": 26.577507, "activity_lines": [ 21.716667, 21.146364, 21.045714, 21.366989 ] }, { "date": "2026-02-06", "close": 21.15, "volume": 10673713, "typical_volume": 12094774.9, "trend": 21.448333, "fair_value": 27.293181, "relative_strength": -26.671478, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.81892, "energy": 22.927861, "activity_lines": [ 21.656667, 21.208182, 21.017857, 21.354086 ] }, { "date": "2026-02-13", "close": 21.5, "volume": 5959675, "typical_volume": 11628922.25, "trend": 21.548333, "fair_value": 27.270347, "relative_strength": -28.507389, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.215877, "energy": 19.833291, "activity_lines": [ 21.65, 21.318182, 21.037143, 21.357419 ] }, { "date": "2026-02-27", "close": 23.15, "volume": 25137270, "typical_volume": 12452234.45, "trend": 21.678333, "fair_value": 27.254325, "relative_strength": -25.984695, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.823939, "energy": 38.913246, "activity_lines": [ 22.11, 21.704546, 21.22, 21.460753 ] }, { "date": "2026-03-06", "close": 21.65, "volume": 14554923, "typical_volume": 12662384.7, "trend": 21.763333, "fair_value": 27.229316, "relative_strength": -26.049929, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.778919, "energy": 14.735632, "activity_lines": [ 21.976667, 21.77, 21.259524, 21.458925 ] }, { "date": "2026-03-13", "close": 20.9, "volume": 10596705, "typical_volume": 12525843.9, "trend": 21.813333, "fair_value": 27.199812, "relative_strength": -27.205756, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.283366, "energy": 14.813593, "activity_lines": [ 21.646667, 21.676364, 21.235476, 21.403226 ] }, { "date": "2026-03-20", "close": 21.200001, "volume": 13694254, "typical_volume": 12668325.8, "trend": 21.85, "fair_value": 27.175997, "relative_strength": -25.427649, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.501661, "energy": 12.629913, "activity_lines": [ 21.49, 21.621818, 21.248333, 21.363656 ] }, { "date": "2026-03-27", "close": 20.700001, "volume": 10576725, "typical_volume": 12493887.95, "trend": 21.69, "fair_value": 27.152115, "relative_strength": -25.150884, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.726598, "energy": 21.279289, "activity_lines": [ 21.163334, 21.458182, 21.222381, 21.289462 ] }, { "date": "2026-04-03", "close": 19.6, "volume": 7871839, "typical_volume": 12476800.25, "trend": 21.506667, "fair_value": 27.120554, "relative_strength": -26.913072, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.424671, "energy": 35.949586, "activity_lines": [ 20.523334, 21.086364, 21.095715, 21.154624 ] }, { "date": "2026-04-10", "close": 19.75, "volume": 6362615, "typical_volume": 12254299.65, "trend": 21.375, "fair_value": 27.090895, "relative_strength": -31.24304, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.08946, "energy": 47.405849, "activity_lines": [ 20.17, 20.780909, 20.987857, 21.04129 ] }, { "date": "2026-04-17", "close": 23.65, "volume": 33965754, "typical_volume": 13438933.45, "trend": 21.403333, "fair_value": 27.086551, "relative_strength": -19.999972, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -1.54195, "energy": 4.060648, "activity_lines": [ 21.243334, 21.233637, 21.254286, 21.188065 ] }, { "date": "2026-04-24", "close": 25.5, "volume": 94600116, "typical_volume": 17866969.25, "trend": 21.451667, "fair_value": 27.092183, "relative_strength": -17.669639, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.259369, "energy": 55.558372, "activity_lines": [ 22.75, 21.992727, 21.676429, 21.452366 ] }, { "date": "2026-05-01", "close": 24.1, "volume": 26738694, "typical_volume": 18877633.25, "trend": 21.493333, "fair_value": 27.094174, "relative_strength": -21.317162, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.997142, "energy": 62.5999, "activity_lines": [ 23.503333, 22.418182, 21.940476, 21.623226 ] }, { "date": "2026-05-08", "close": 25.299999, "volume": 46829606, "typical_volume": 20876201.1, "trend": 21.568333, "fair_value": 27.107623, "relative_strength": -21.906115, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.570877, "energy": 74.922856, "activity_lines": [ 24.43, 23.014545, 22.300238, 21.868817 ] }, { "date": "2026-05-15", "close": 24.65, "volume": 32242878, "typical_volume": 22111016.55, "trend": 21.613333, "fair_value": 27.115651, "relative_strength": -22.305005, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.944744, "energy": 72.739445, "activity_lines": [ 24.76, 23.453636, 22.575238, 22.067634 ] }, { "date": "2026-05-22", "close": 30.75, "volume": 148915290, "typical_volume": 29256160.05, "trend": 21.883333, "fair_value": 27.165918, "relative_strength": -4.921523, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.820808, "energy": 84.717649, "activity_lines": [ 26.796666, 24.947273, 23.410952, 22.657097 ] }, { "date": "2026-05-29", "close": 30.0, "volume": 109541855, "typical_volume": 34426087.2, "trend": 22.115, "fair_value": 27.209496, "relative_strength": -11.729085, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.884422, "energy": 84.434451, "activity_lines": [ 28.11, 26.125454, 24.124286, 23.180753 ] }, { "date": "2026-06-05", "close": 27.450001, "volume": 42889649, "typical_volume": 35613616.95, "trend": 22.311667, "fair_value": 27.232962, "relative_strength": -19.167032, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.246147, "energy": 72.89464, "activity_lines": [ 28.273334, 26.68, 24.548095, 23.524946 ] }, { "date": "2026-06-12", "close": 28.6, "volume": 44157324, "typical_volume": 36735185.55, "trend": 22.58, "fair_value": 27.257838, "relative_strength": -13.436186, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.902825, "energy": 66.275079, "activity_lines": [ 28.596667, 27.320909, 25.047143, 23.930645 ] }, { "date": "2026-06-19", "close": 32.25, "volume": 99809879, "typical_volume": 40171551.85, "trend": 22.976667, "fair_value": 27.297012, "relative_strength": -6.812936, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.367299, "energy": 61.613861, "activity_lines": [ 29.916667, 28.461818, 25.861191, 24.554516 ] }, { "date": "2026-06-26", "close": 31.65, "volume": 113800547, "typical_volume": 44945965.55, "trend": 23.386667, "fair_value": 27.311944, "relative_strength": -4.365337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.876127, "energy": 55.25407, "activity_lines": [ 30.53, 29.266364, 26.571429, 25.114086 ] }, { "date": "2026-07-03", "close": 33.450001, "volume": 68280762, "typical_volume": 47826318.0, "trend": 23.825, "fair_value": 27.338728, "relative_strength": -3.321311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.775396, "energy": 58.21347, "activity_lines": [ 31.683334, 30.252728, 27.407143, 25.763333 ] }, { "date": "2026-07-10", "close": 33.0, "volume": 0, "typical_volume": 47528334.25, "trend": 24.251667, "fair_value": 27.369845, "relative_strength": -1.373521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.163785, "energy": 60.767915, "activity_lines": [ 32.456667, 31.012728, 28.141429, 26.355269 ] }, { "date": "2026-07-17", "close": 27.4, "volume": 6943875, "typical_volume": 46618664.5, "trend": 24.481667, "fair_value": 27.365064, "relative_strength": -12.60096, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.33445, "energy": 44.425309, "activity_lines": [ 30.993334, 30.592727, 28.287619, 26.558387 ] }, { "date": "2026-07-24", "close": 28.15, "volume": 27967446, "typical_volume": 47289290.65, "trend": 24.74, "fair_value": 27.355449, "relative_strength": -11.894224, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.827758, "energy": 30.359677, "activity_lines": [ 29.86, 30.270909, 28.485, 26.795054 ] }, { "date": "2026-07-31", "close": 24.85, "volume": 22187422, "typical_volume": 47868826.5, "trend": 24.9, "fair_value": 27.33141, "relative_strength": -20.741974, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.863539, "energy": 17.378593, "activity_lines": [ 27.9, 29.285455, 28.337143, 26.802151 ] }, { "date": "2026-08-07", "close": 27.049999, "volume": 15804382, "typical_volume": 47974332.9, "trend": 25.128333, "fair_value": 27.315705, "relative_strength": -15.428065, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.378476, "energy": 23.189601, "activity_lines": [ 27.126666, 28.807273, 28.38, 26.94086 ] }, { "date": "2026-08-14", "close": 26.799999, "volume": 15877863, "typical_volume": 48239389.8, "trend": 25.346667, "fair_value": 27.29359, "relative_strength": -18.627242, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.469088, "energy": 17.609775, "activity_lines": [ 26.696666, 28.337272, 28.37119, 27.04871 ] }, { "date": "2026-08-21", "close": 25.5, "volume": 13019325, "typical_volume": 48496764.1, "trend": 25.471667, "fair_value": 27.263782, "relative_strength": -21.016114, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.187656, "energy": 16.458527, "activity_lines": [ 26.246666, 27.642727, 28.209524, 27.058602 ] } ], "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." } } }