{ "ticker": { "uuid": "aff281a3-fc21-4246-80d9-25d54fae62ca", "symbol": "UN02", "name": "Uniper SE", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 54.222, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 11.076, "architecture_energy": 15.018, "architecture_maturity": 56.622, "architecture_confidence": 76.697, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 65.18, "rotation_up": 17.65, "upward_expansion": 40.75, "deceleration": 87.17, "rotation_down": 33.59, "downward_expansion": 30.08 }, "activity_lines": [ 42.430001, 43.115455, 43.697384, 42.52538 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 43.400002, "trend_reference": 40.549349, "distance_from_trend": 0.070301, "trend_direction": "Improving", "fair_value": 48.738237, "distance_from_fair_value": -0.109529, "fair_value_direction": "Improving", "relative_strength": -4.752998, "relative_strength_direction": "Weakening", "price_momentum": 0.250066, "excess_performance": 0.075819, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070301, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.107192, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.109529, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.123403, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.04753, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.020612, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.250066, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.42261, "read": "Supply-led" } ], "volume": { "latest": 515, "relative_activity": 3.62166, "balance": 0.42261, "dry_up": 2.721519, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.070807, "annualized_volatility": 0.368834, "from_high_reference": -0.225, "from_low_reference": 0.577144 }, "levels": { "trend_reference": 40.549349, "fair_value_reference": 48.738237, "structural_low": 32.449658, "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": 4, "median_return": -0.122467, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.115712, "regime_survival": 0.5, "best_return": 0.108128, "worst_return": -0.553625, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.357675, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.297742, "regime_survival": 0.0, "best_return": -0.266988, "worst_return": -0.448361, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.666541, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.608806, "regime_survival": 0.0, "best_return": -0.506498, "worst_return": -0.826584, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.762146, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.768391, "regime_survival": 0.0, "best_return": -0.596547, "worst_return": -0.927745, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-22", "end": "2023-10-20", "tenure": "Developing", "return": -0.253064, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-27", "end": "2023-11-24", "tenure": "Developing", "return": -0.079713, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-01", "end": "2024-09-20", "tenure": "Extended", "return": -0.422228, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-11-01", "tenure": "Developing", "return": -0.137486, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.054048, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-01-17", "tenure": "Developing", "return": 0.054718, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-03-07", "tenure": "Developing", "return": 0.041345, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.050066, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.040485, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-12-26", "tenure": "Extended", "return": -0.217553, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": 0.062969, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": 0.075071, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-07-03", "tenure": "Established", "return": 0.04541, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.00813, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 116.345337, "volume": 0, "typical_volume": 78.3, "trend": 83.823351, "fair_value": 401.45546, "relative_strength": 46.881548, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.460643, "energy": 65.116553, "activity_lines": [ 118.751937, 112.252322, 104.480383, 95.676697 ] }, { "date": "2023-08-25", "close": 120.33004, "volume": 7, "typical_volume": 78.65, "trend": 85.884085, "fair_value": 398.973584, "relative_strength": 52.498976, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.237125, "energy": 65.733097, "activity_lines": [ 120.308996, 114.4674, 106.797746, 98.031968 ] }, { "date": "2023-09-01", "close": 119.659348, "volume": 0, "typical_volume": 78.65, "trend": 87.964546, "fair_value": 396.602994, "relative_strength": 48.312201, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.748849, "energy": 79.773683, "activity_lines": [ 120.222202, 116.262846, 108.833118, 100.211017 ] }, { "date": "2023-09-08", "close": 108.336487, "volume": 47, "typical_volume": 77.75, "trend": 89.651796, "fair_value": 394.099622, "relative_strength": 35.396945, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.183092, "energy": 48.405781, "activity_lines": [ 115.745662, 115.676798, 109.593893, 101.525336 ] }, { "date": "2023-09-15", "close": 113.54422, "volume": 5, "typical_volume": 71.4, "trend": 91.515268, "fair_value": 391.588695, "relative_strength": 39.157242, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.759678, "energy": 40.392533, "activity_lines": [ 114.470034, 115.819546, 110.657514, 103.066782 ] }, { "date": "2023-09-22", "close": 106.245506, "volume": 112, "typical_volume": 73.4, "trend": 93.182793, "fair_value": 388.958743, "relative_strength": 30.379163, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.259908, "energy": 25.032031, "activity_lines": [ 111.337507, 114.398539, 110.839559, 104.01712 ] }, { "date": "2023-09-29", "close": 100.012016, "volume": 0, "typical_volume": 73.4, "trend": 94.65437, "fair_value": 386.238264, "relative_strength": 22.133739, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.269282, "energy": 22.442521, "activity_lines": [ 106.800472, 111.738726, 110.297745, 104.457715 ] }, { "date": "2023-10-06", "close": 101.905731, "volume": 113, "typical_volume": 79.05, "trend": 96.123317, "fair_value": 383.505843, "relative_strength": 25.854142, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.235217, "energy": 17.908025, "activity_lines": [ 104.249211, 109.405291, 109.827321, 104.925545 ] }, { "date": "2023-10-13", "close": 100.682709, "volume": 10, "typical_volume": 72.45, "trend": 97.44366, "fair_value": 380.840232, "relative_strength": 22.791494, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.917627, "energy": 22.731393, "activity_lines": [ 102.47385, 107.004429, 109.117646, 105.219699 ] }, { "date": "2023-10-20", "close": 79.358643, "volume": 100, "typical_volume": 49.7, "trend": 97.969035, "fair_value": 378.139064, "relative_strength": 0.422377, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -49.539377, "energy": 47.126055, "activity_lines": [ 94.100719, 101.265169, 106.294727, 104.052924 ] }, { "date": "2023-10-27", "close": 85.375145, "volume": 203, "typical_volume": 59.35, "trend": 98.513479, "fair_value": 375.6378, "relative_strength": 7.952196, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.196716, "energy": 65.861942, "activity_lines": [ 90.012127, 97.398468, 104.215676, 103.240415 ] }, { "date": "2023-11-03", "close": 95.691963, "volume": 171, "typical_volume": 60.8, "trend": 99.21902, "fair_value": 372.952236, "relative_strength": 13.830607, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.081484, "energy": 61.736107, "activity_lines": [ 90.753832, 95.970646, 103.24862, 103.058382 ] }, { "date": "2023-11-10", "close": 88.728607, "volume": 0, "typical_volume": 59.55, "trend": 99.561599, "fair_value": 370.173875, "relative_strength": 4.695712, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.900949, "energy": 67.585433, "activity_lines": [ 89.462421, 93.724724, 101.657746, 102.381581 ] }, { "date": "2023-11-17", "close": 87.93956, "volume": 166, "typical_volume": 59.95, "trend": 100.233606, "fair_value": 367.3134, "relative_strength": 1.972109, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.378597, "energy": 57.54453, "activity_lines": [ 88.78647, 91.897716, 100.054473, 101.631772 ] }, { "date": "2023-11-24", "close": 78.569603, "volume": 0, "typical_volume": 59.9, "trend": 100.373005, "fair_value": 364.416941, "relative_strength": -7.989979, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.531248, "energy": 67.336478, "activity_lines": [ 85.836743, 88.737933, 97.598839, 100.234094 ] }, { "date": "2023-12-01", "close": 74.190376, "volume": 25, "typical_volume": 59.25, "trend": 100.215853, "fair_value": 361.511674, "relative_strength": -14.819788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.152417, "energy": 82.40839, "activity_lines": [ 81.479877, 85.417829, 94.830685, 98.544892 ] }, { "date": "2023-12-08", "close": 77.109856, "volume": 42, "typical_volume": 61.0, "trend": 100.215195, "fair_value": 358.656426, "relative_strength": -11.867858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.023444, "energy": 85.65928, "activity_lines": [ 78.841821, 83.21136, 92.465603, 97.054183 ] }, { "date": "2023-12-15", "close": 77.879181, "volume": 400, "typical_volume": 80.5, "trend": 100.273717, "fair_value": 355.707381, "relative_strength": -12.567492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.705174, "energy": 81.294147, "activity_lines": [ 77.699015, 81.561171, 90.278152, 95.61315 ] }, { "date": "2023-12-22", "close": 77.879181, "volume": 0, "typical_volume": 73.3, "trend": 100.090263, "fair_value": 352.87392, "relative_strength": -14.00192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.075907, "energy": 78.757197, "activity_lines": [ 77.279503, 80.347829, 88.245692, 94.168341 ] }, { "date": "2023-12-29", "close": 57.64006, "volume": 0, "typical_volume": 70.05, "trend": 98.170243, "fair_value": 349.819218, "relative_strength": -36.874166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.697025, "energy": 84.869839, "activity_lines": [ 70.78431, 75.869256, 84.535375, 91.429618 ] }, { "date": "2024-01-05", "close": 59.790218, "volume": 406, "typical_volume": 90.35, "trend": 96.41132, "fair_value": 346.489337, "relative_strength": -34.534422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.575136, "energy": 79.189592, "activity_lines": [ 66.401139, 72.176504, 81.337188, 88.953488 ] }, { "date": "2024-01-12", "close": 57.896503, "volume": 0, "typical_volume": 90.0, "trend": 94.875961, "fair_value": 343.246045, "relative_strength": -36.035696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.29033, "energy": 85.408277, "activity_lines": [ 62.346741, 68.604621, 78.227958, 86.468661 ] }, { "date": "2024-01-19", "close": 56.081688, "volume": 420, "typical_volume": 111.0, "trend": 93.348493, "fair_value": 340.02724, "relative_strength": -36.976996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.535562, "energy": 90.261152, "activity_lines": [ 58.968294, 65.389961, 75.24319, 83.965804 ] }, { "date": "2024-01-26", "close": 56.653748, "volume": 0, "typical_volume": 108.65, "trend": 92.02552, "fair_value": 336.92287, "relative_strength": -38.340256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.015656, "energy": 88.049347, "activity_lines": [ 57.2337, 62.872893, 72.615656, 81.598402 ] }, { "date": "2024-02-02", "close": 56.259224, "volume": 0, "typical_volume": 108.4, "trend": 90.549997, "fair_value": 333.657043, "relative_strength": -38.480256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.395982, "energy": 88.336517, "activity_lines": [ 56.782627, 60.852927, 70.196655, 79.290899 ] }, { "date": "2024-02-09", "close": 55.371544, "volume": 417, "typical_volume": 123.65, "trend": 89.047516, "fair_value": 330.366262, "relative_strength": -37.963508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.11384, "energy": 87.053039, "activity_lines": [ 56.127716, 59.077207, 67.9659, 77.021321 ] }, { "date": "2024-02-16", "close": 55.568806, "volume": 200, "typical_volume": 133.65, "trend": 87.598953, "fair_value": 327.163433, "relative_strength": -38.607673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.441963, "energy": 66.304889, "activity_lines": [ 55.833137, 57.679513, 65.996188, 74.861404 ] }, { "date": "2024-02-23", "close": 55.983055, "volume": 394, "typical_volume": 147.7, "trend": 85.784139, "fair_value": 324.004196, "relative_strength": -37.762411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.840826, "energy": 64.838769, "activity_lines": [ 55.831822, 56.748793, 64.277563, 72.821669 ] }, { "date": "2024-03-01", "close": 54.010433, "volume": 257, "typical_volume": 160.05, "trend": 83.24077, "fair_value": 320.772114, "relative_strength": -39.853045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.061397, "energy": 65.418496, "activity_lines": [ 55.179541, 55.857526, 62.589749, 70.771752 ] }, { "date": "2024-03-08", "close": 56.377583, "volume": 0, "typical_volume": 155.05, "trend": 81.047212, "fair_value": 317.417949, "relative_strength": -37.211727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.828703, "energy": 60.895937, "activity_lines": [ 55.492531, 55.830627, 61.349626, 69.038643 ] }, { "date": "2024-03-15", "close": 54.266876, "volume": 160, "typical_volume": 152.9, "trend": 78.97793, "fair_value": 314.093598, "relative_strength": -39.964344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.656914, "energy": 62.278137, "activity_lines": [ 55.094062, 55.442917, 60.017918, 67.31088 ] }, { "date": "2024-03-22", "close": 52.432335, "volume": 235, "typical_volume": 156.1, "trend": 76.714673, "fair_value": 310.593742, "relative_strength": -43.224866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.025476, "energy": 61.895862, "activity_lines": [ 54.157723, 54.822079, 58.659626, 65.598261 ] }, { "date": "2024-03-29", "close": 51.209305, "volume": 0, "typical_volume": 156.1, "trend": 74.433005, "fair_value": 307.153472, "relative_strength": -44.837348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.41346, "energy": 83.867346, "activity_lines": [ 53.022806, 54.07822, 57.390853, 63.952753 ] }, { "date": "2024-04-05", "close": 51.110676, "volume": 204, "typical_volume": 158.0, "trend": 72.525478, "fair_value": 303.720996, "relative_strength": -45.057554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.554546, "energy": 86.252189, "activity_lines": [ 52.173263, 53.405017, 56.29135, 62.448087 ] }, { "date": "2024-04-12", "close": 50.637249, "volume": 0, "typical_volume": 158.0, "trend": 70.428579, "fair_value": 300.391439, "relative_strength": -44.987029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.141628, "energy": 87.179145, "activity_lines": [ 51.359227, 52.74652, 55.322134, 61.035943 ] }, { "date": "2024-04-19", "close": 49.611481, "volume": 0, "typical_volume": 156.75, "trend": 68.540779, "fair_value": 297.060122, "relative_strength": -45.554794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.880102, "energy": 89.670738, "activity_lines": [ 50.585958, 52.003737, 54.388238, 59.692904 ] }, { "date": "2024-04-26", "close": 51.307941, "volume": 10, "typical_volume": 155.15, "trend": 66.917309, "fair_value": 293.742088, "relative_strength": -43.51941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.011054, "energy": 65.717088, "activity_lines": [ 50.688536, 51.67413, 53.732951, 58.581108 ] }, { "date": "2024-05-03", "close": 51.189583, "volume": 1, "typical_volume": 135.2, "trend": 65.226771, "fair_value": 290.398011, "relative_strength": -43.886267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.723934, "energy": 63.451483, "activity_lines": [ 50.82662, 51.400473, 53.189258, 57.566416 ] }, { "date": "2024-05-10", "close": 53.911804, "volume": 0, "typical_volume": 135.2, "trend": 63.667741, "fair_value": 287.013592, "relative_strength": -42.010762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.898108, "energy": 49.025903, "activity_lines": [ 51.873426, 51.70892, 53.031918, 56.836418 ] }, { "date": "2024-05-17", "close": 51.544651, "volume": 0, "typical_volume": 135.2, "trend": 62.740608, "fair_value": 283.666123, "relative_strength": -45.069135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.676019, "energy": 42.73099, "activity_lines": [ 51.944439, 51.588769, 52.763266, 56.054284 ] }, { "date": "2024-05-24", "close": 50.893688, "volume": 194, "typical_volume": 124.6, "trend": 61.591226, "fair_value": 280.282959, "relative_strength": -45.148998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.101835, "energy": 41.197146, "activity_lines": [ 51.737971, 51.438132, 52.461642, 55.289966 ] }, { "date": "2024-05-31", "close": 52.728226, "volume": 194, "typical_volume": 134.3, "trend": 60.159101, "fair_value": 276.842209, "relative_strength": -41.24329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.589365, "energy": 34.390166, "activity_lines": [ 52.057535, 51.682379, 52.377101, 54.71816 ] }, { "date": "2024-06-07", "close": 51.189583, "volume": 0, "typical_volume": 113.3, "trend": 58.907801, "fair_value": 273.384031, "relative_strength": -41.495352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.042064, "energy": 39.374213, "activity_lines": [ 51.769533, 51.641492, 52.170633, 54.139481 ] }, { "date": "2024-06-14", "close": 49.02956, "volume": 98, "typical_volume": 118.2, "trend": 57.610801, "fair_value": 269.88679, "relative_strength": -41.10543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.670817, "energy": 52.332955, "activity_lines": [ 50.761522, 51.208232, 51.781745, 53.502175 ] }, { "date": "2024-06-21", "close": 47.559956, "volume": 392, "typical_volume": 137.8, "trend": 56.577146, "fair_value": 266.280522, "relative_strength": -42.84172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.636327, "energy": 56.843456, "activity_lines": [ 49.589127, 50.54561, 51.289199, 52.853734 ] }, { "date": "2024-06-28", "close": 45.991718, "volume": 0, "typical_volume": 116.95, "trend": 55.63719, "fair_value": 262.58981, "relative_strength": -44.175475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.135328, "energy": 77.926494, "activity_lines": [ 48.159632, 49.653805, 50.688723, 52.170803 ] }, { "date": "2024-07-05", "close": 43.871147, "volume": 216, "typical_volume": 117.75, "trend": 54.529233, "fair_value": 258.875419, "relative_strength": -47.264497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.914672, "energy": 92.722044, "activity_lines": [ 46.350079, 48.442255, 49.930954, 51.411703 ] }, { "date": "2024-07-12", "close": 42.431133, "volume": 228, "typical_volume": 109.45, "trend": 53.347632, "fair_value": 255.168188, "relative_strength": -48.059405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.622704, "energy": 94.380786, "activity_lines": [ 44.650992, 47.104099, 49.091744, 50.631181 ] }, { "date": "2024-07-19", "close": 42.095787, "volume": 226, "typical_volume": 107.9, "trend": 52.154852, "fair_value": 251.317592, "relative_strength": -47.09169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.291774, "energy": 92.354936, "activity_lines": [ 43.42402, 45.864215, 48.285128, 49.905255 ] }, { "date": "2024-07-26", "close": 39.156578, "volume": 648, "typical_volume": 140.3, "trend": 51.538736, "fair_value": 247.426721, "relative_strength": -49.728038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.179858, "energy": 95.261772, "activity_lines": [ 41.679563, 44.304767, 47.255325, 49.066657 ] }, { "date": "2024-08-02", "close": 39.965355, "volume": 101, "typical_volume": 137.35, "trend": 50.877907, "fair_value": 243.541035, "relative_strength": -45.123835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.040888, "energy": 86.943813, "activity_lines": [ 40.764924, 43.117606, 46.384553, 48.319987 ] }, { "date": "2024-08-09", "close": 41.602631, "volume": 439, "typical_volume": 147.55, "trend": 50.334778, "fair_value": 239.643148, "relative_strength": -41.959877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.528827, "energy": 70.682429, "activity_lines": [ 40.797801, 42.426829, 45.737814, 47.721582 ] }, { "date": "2024-08-16", "close": 43.308952, "volume": 1296, "typical_volume": 212.35, "trend": 49.90902, "fair_value": 235.715853, "relative_strength": -39.200606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.134362, "energy": 62.864583, "activity_lines": [ 41.550686, 42.248576, 45.305152, 47.268303 ] }, { "date": "2024-08-23", "close": 43.466759, "volume": 0, "typical_volume": 202.15, "trend": 49.469454, "fair_value": 231.706354, "relative_strength": -38.37844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.283556, "energy": 47.96924, "activity_lines": [ 42.297652, 42.242299, 44.92514, 46.852673 ] }, { "date": "2024-08-30", "close": 42.874973, "volume": 0, "typical_volume": 202.15, "trend": 49.023312, "fair_value": 227.640105, "relative_strength": -38.24367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.843333, "energy": 37.628666, "activity_lines": [ 42.755958, 42.229567, 44.525167, 46.427223 ] }, { "date": "2024-09-06", "close": 41.178516, "volume": 0, "typical_volume": 202.15, "trend": 48.550211, "fair_value": 223.417985, "relative_strength": -36.725109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.702727, "energy": 38.55905, "activity_lines": [ 42.400886, 41.993569, 44.00059, 45.921107 ] }, { "date": "2024-09-13", "close": 40.70509, "volume": 65, "typical_volume": 204.9, "trend": 48.054754, "fair_value": 219.093223, "relative_strength": -36.177098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.832547, "energy": 43.466269, "activity_lines": [ 41.807127, 41.759007, 43.471082, 45.41497 ] }, { "date": "2024-09-20", "close": 42.865108, "volume": 864, "typical_volume": 248.05, "trend": 47.617489, "fair_value": 214.77222, "relative_strength": -31.403389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.739215, "energy": 39.374232, "activity_lines": [ 41.99321, 41.97474, 43.197779, 45.080154 ] }, { "date": "2024-09-27", "close": 51.150131, "volume": 1296, "typical_volume": 312.85, "trend": 47.522146, "fair_value": 210.534587, "relative_strength": -17.255908, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -0.141369, "energy": 8.983006, "activity_lines": [ 44.970557, 43.68895, 43.753167, 45.308067 ] }, { "date": "2024-10-04", "close": 50.420258, "volume": 980, "typical_volume": 361.85, "trend": 47.323568, "fair_value": 206.234277, "relative_strength": -15.777502, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 16.281224, "energy": 29.389109, "activity_lines": [ 47.192389, 45.105831, 44.252193, 45.495042 ] }, { "date": "2024-10-11", "close": 48.861889, "volume": 0, "typical_volume": 352.15, "trend": 47.143402, "fair_value": 201.815544, "relative_strength": -16.722212, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.089045, "energy": 38.887051, "activity_lines": [ 48.391745, 46.034579, 44.608158, 45.594288 ] }, { "date": "2024-10-18", "close": 44.85746, "volume": 0, "typical_volume": 342.45, "trend": 46.890906, "fair_value": 197.185797, "relative_strength": -22.549146, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.535331, "energy": 34.64888, "activity_lines": [ 47.744067, 46.073493, 44.592424, 45.446808 ] }, { "date": "2024-10-25", "close": 46.198845, "volume": 0, "typical_volume": 342.45, "trend": 46.723891, "fair_value": 192.674343, "relative_strength": -17.724031, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.998453, "energy": 34.377623, "activity_lines": [ 47.266692, 46.297117, 44.741921, 45.402159 ] }, { "date": "2024-11-01", "close": 44.117725, "volume": 386, "typical_volume": 356.85, "trend": 46.490793, "fair_value": 188.085245, "relative_strength": -18.461504, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -23.601202, "energy": 12.205743, "activity_lines": [ 45.873361, 46.089812, 44.716981, 45.234019 ] }, { "date": "2024-11-08", "close": 43.249771, "volume": 185, "typical_volume": 346.5, "trend": 46.244543, "fair_value": 183.58893, "relative_strength": -18.974644, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.549898, "energy": 26.619479, "activity_lines": [ 44.65954, 45.712862, 44.632769, 45.024921 ] }, { "date": "2024-11-15", "close": 41.277145, "volume": 193, "typical_volume": 356.15, "trend": 45.966732, "fair_value": 179.092577, "relative_strength": -21.258525, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.618106, "energy": 35.759807, "activity_lines": [ 43.266209, 44.970437, 44.381212, 44.704444 ] }, { "date": "2024-11-22", "close": 40.912212, "volume": 0, "typical_volume": 345.35, "trend": 45.620208, "fair_value": 174.566147, "relative_strength": -20.132615, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.649884, "energy": 40.930868, "activity_lines": [ 42.256883, 44.159868, 44.11735, 44.378346 ] }, { "date": "2024-11-29", "close": 42.539627, "volume": 0, "typical_volume": 333.95, "trend": 45.331876, "fair_value": 169.964412, "relative_strength": -15.957412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.261614, "energy": 46.04091, "activity_lines": [ 42.053046, 43.641427, 44.02257, 44.179599 ] }, { "date": "2024-12-06", "close": 40.961529, "volume": 0, "typical_volume": 322.65, "trend": 44.9002, "fair_value": 165.192433, "relative_strength": -18.791232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.980846, "energy": 53.372419, "activity_lines": [ 41.567123, 42.841976, 43.776979, 43.897641 ] }, { "date": "2024-12-13", "close": 40.626183, "volume": 40, "typical_volume": 292.25, "trend": 44.536251, "fair_value": 160.294742, "relative_strength": -19.557216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.918971, "energy": 47.468046, "activity_lines": [ 41.179832, 42.166801, 43.504851, 43.621898 ] }, { "date": "2024-12-20", "close": 39.343975, "volume": 0, "typical_volume": 287.2, "trend": 44.151261, "fair_value": 155.241313, "relative_strength": -19.501365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.006939, "energy": 48.837621, "activity_lines": [ 40.540044, 41.436571, 43.103609, 43.286912 ] }, { "date": "2024-12-27", "close": 38.446434, "volume": 13, "typical_volume": 265.9, "trend": 43.675201, "fair_value": 150.222477, "relative_strength": -21.538807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.961308, "energy": 69.098882, "activity_lines": [ 39.729954, 40.716205, 42.619847, 42.918859 ] }, { "date": "2025-01-03", "close": 40.931938, "volume": 0, "typical_volume": 201.1, "trend": 43.33328, "fair_value": 145.370875, "relative_strength": -16.189789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.049103, "energy": 59.802449, "activity_lines": [ 39.91275, 40.564313, 42.387829, 42.741874 ] }, { "date": "2025-01-10", "close": 42.756615, "volume": 771, "typical_volume": 239.65, "trend": 43.124181, "fair_value": 140.518362, "relative_strength": -11.794143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.207712, "energy": 38.263319, "activity_lines": [ 40.810951, 40.839942, 42.340909, 42.70467 ] }, { "date": "2025-01-17", "close": 44.867325, "volume": 675, "typical_volume": 273.4, "trend": 43.034427, "fair_value": 135.821854, "relative_strength": -9.95868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.198998, "energy": 12.042349, "activity_lines": [ 42.293049, 41.524085, 42.49839, 42.817131 ] }, { "date": "2025-01-24", "close": 43.417446, "volume": 0, "typical_volume": 273.4, "trend": 42.948618, "fair_value": 130.97862, "relative_strength": -13.691996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.410113, "energy": 15.833058, "activity_lines": [ 43.009112, 41.915202, 42.5083, 42.841842 ] }, { "date": "2025-01-31", "close": 43.427307, "volume": 0, "typical_volume": 270.15, "trend": 42.933823, "fair_value": 126.178318, "relative_strength": -13.450156, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.455716, "energy": 20.903292, "activity_lines": [ 43.456897, 42.269199, 42.508488, 42.872725 ] }, { "date": "2025-02-07", "close": 41.967567, "volume": 518, "typical_volume": 252.85, "trend": 42.918371, "fair_value": 121.369919, "relative_strength": -15.979105, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.32857, "energy": 16.334, "activity_lines": [ 43.086044, 42.312058, 42.35669, 42.810386 ] }, { "date": "2025-02-14", "close": 43.180729, "volume": 297, "typical_volume": 202.9, "trend": 42.954536, "fair_value": 116.81264, "relative_strength": -17.168068, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.078066, "energy": 12.005478, "activity_lines": [ 43.050537, 42.585894, 42.324705, 42.827312 ] }, { "date": "2025-02-21", "close": 43.486488, "volume": 257, "typical_volume": 166.75, "trend": 43.098866, "fair_value": 113.231954, "relative_strength": -15.118483, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.96543, "energy": 7.901563, "activity_lines": [ 43.088674, 42.874974, 42.35979, 42.861632 ] }, { "date": "2025-02-28", "close": 44.305122, "volume": 33, "typical_volume": 168.4, "trend": 43.243525, "fair_value": 111.248962, "relative_strength": -14.901976, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.044998, "energy": 15.791333, "activity_lines": [ 43.491746, 43.26089, 42.505857, 42.939455 ] }, { "date": "2025-03-07", "close": 45.212532, "volume": 685, "typical_volume": 202.65, "trend": 43.363855, "fair_value": 108.951533, "relative_strength": -15.250015, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.07127, "energy": 36.945101, "activity_lines": [ 44.138109, 43.721587, 42.760044, 43.066487 ] }, { "date": "2025-03-14", "close": 44.916641, "volume": 642, "typical_volume": 234.75, "trend": 43.417445, "fair_value": 106.064653, "relative_strength": -15.227666, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.625033, "energy": 40.625542, "activity_lines": [ 44.566827, 44.005466, 42.98436, 43.166667 ] }, { "date": "2025-03-21", "close": 44.640469, "volume": 327, "typical_volume": 231.8, "trend": 43.456568, "fair_value": 103.358826, "relative_strength": -14.390362, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.499085, "energy": 39.433565, "activity_lines": [ 44.706882, 44.166683, 43.188479, 43.245572 ] }, { "date": "2025-03-28", "close": 42.667847, "volume": 0, "typical_volume": 222.55, "trend": 43.449664, "fair_value": 100.704657, "relative_strength": -15.970007, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.985347, "energy": 16.689433, "activity_lines": [ 44.092081, 43.934989, 43.202241, 43.194687 ] }, { "date": "2025-04-04", "close": 38.249168, "volume": 100, "typical_volume": 217.9, "trend": 43.352019, "fair_value": 97.858252, "relative_strength": -15.847516, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.342617, "energy": 32.865824, "activity_lines": [ 42.058963, 42.93989, 42.797946, 42.859171 ] }, { "date": "2025-04-11", "close": 39.79768, "volume": 0, "typical_volume": 217.9, "trend": 43.321772, "fair_value": 95.175598, "relative_strength": -10.840571, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.239673, "energy": 43.864383, "activity_lines": [ 40.945746, 42.320306, 42.555549, 42.629858 ] }, { "date": "2025-04-18", "close": 39.896313, "volume": 464, "typical_volume": 241.1, "trend": 43.222812, "fair_value": 92.370012, "relative_strength": -14.657368, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.176354, "energy": 60.270219, "activity_lines": [ 40.226397, 41.78465, 42.327852, 42.408861 ] }, { "date": "2025-04-25", "close": 40.931938, "volume": 464, "typical_volume": 264.3, "trend": 42.882206, "fair_value": 89.528197, "relative_strength": -14.978479, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.9796, "energy": 64.388155, "activity_lines": [ 40.186944, 41.474948, 42.211373, 42.261063 ] }, { "date": "2025-05-02", "close": 40.24152, "volume": 0, "typical_volume": 262.3, "trend": 42.542915, "fair_value": 86.984559, "relative_strength": -16.994226, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.497935, "energy": 56.627443, "activity_lines": [ 40.164588, 41.080602, 42.029281, 42.090696 ] }, { "date": "2025-05-09", "close": 39.649734, "volume": 119, "typical_volume": 268.25, "trend": 42.235843, "fair_value": 84.192523, "relative_strength": -21.131754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.230072, "energy": 44.141629, "activity_lines": [ 40.106725, 40.637659, 41.79266, 41.904039 ] }, { "date": "2025-05-16", "close": 39.008629, "volume": 232, "typical_volume": 279.2, "trend": 42.040882, "fair_value": 81.306612, "relative_strength": -24.012856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.23471, "energy": 42.263436, "activity_lines": [ 39.741789, 40.162794, 41.493526, 41.695832 ] }, { "date": "2025-05-23", "close": 39.600422, "volume": 414, "typical_volume": 299.9, "trend": 41.820934, "fair_value": 78.449785, "relative_strength": -21.30667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.833016, "energy": 40.005191, "activity_lines": [ 39.62672, 39.908327, 41.248075, 41.538383 ] }, { "date": "2025-05-30", "close": 39.304523, "volume": 0, "typical_volume": 261.35, "trend": 41.660494, "fair_value": 75.757976, "relative_strength": -21.949505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.457835, "energy": 46.319948, "activity_lines": [ 39.432745, 39.696718, 40.980785, 41.376034 ] }, { "date": "2025-06-06", "close": 39.057945, "volume": 279, "typical_volume": 241.55, "trend": 41.520767, "fair_value": 73.25932, "relative_strength": -22.139961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.023188, "energy": 55.599361, "activity_lines": [ 39.265072, 39.537294, 40.706449, 41.208127 ] }, { "date": "2025-06-13", "close": 38.860687, "volume": 406, "typical_volume": 261.85, "trend": 41.440218, "fair_value": 71.183007, "relative_strength": -20.189099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.500534, "energy": 53.116997, "activity_lines": [ 39.11055, 39.407639, 40.44099, 41.036509 ] }, { "date": "2025-06-20", "close": 37.825054, "volume": 0, "typical_volume": 261.85, "trend": 41.337313, "fair_value": 69.174661, "relative_strength": -21.3391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.047674, "energy": 65.30293, "activity_lines": [ 38.663421, 39.078569, 40.098599, 40.803273 ] }, { "date": "2025-06-27", "close": 37.331902, "volume": 232, "typical_volume": 247.55, "trend": 41.163722, "fair_value": 67.452725, "relative_strength": -23.273403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.864837, "energy": 73.571469, "activity_lines": [ 38.130813, 38.695701, 39.735918, 40.544859 ] }, { "date": "2025-07-04", "close": 37.233269, "volume": 0, "typical_volume": 232.7, "trend": 41.039447, "fair_value": 66.399079, "relative_strength": -22.42109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.152787, "energy": 82.044349, "activity_lines": [ 37.716562, 38.341525, 39.385918, 40.291281 ] }, { "date": "2025-07-11", "close": 37.282585, "volume": 40, "typical_volume": 221.85, "trend": 40.927993, "fair_value": 65.451966, "relative_strength": -23.610657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.816221, "energy": 86.890346, "activity_lines": [ 37.456833, 38.063565, 39.068937, 40.048903 ] }, { "date": "2025-07-18", "close": 37.183956, "volume": 270, "typical_volume": 233.7, "trend": 40.855993, "fair_value": 64.760916, "relative_strength": -23.422195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.294099, "energy": 86.166915, "activity_lines": [ 37.282586, 37.82147, 38.772104, 39.807353 ] }, { "date": "2025-07-25", "close": 36.592167, "volume": 428, "typical_volume": 220.85, "trend": 40.794184, "fair_value": 64.17229, "relative_strength": -25.771619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.516232, "energy": 89.230673, "activity_lines": [ 37.022857, 37.51661, 38.452821, 39.532267 ] }, { "date": "2025-08-01", "close": 35.112698, "volume": 265, "typical_volume": 202.0, "trend": 40.600209, "fair_value": 63.516646, "relative_strength": -26.427719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.561604, "energy": 94.130921, "activity_lines": [ 36.352164, 36.986692, 38.033685, 39.165719 ] }, { "date": "2025-08-08", "close": 34.718174, "volume": 374, "typical_volume": 204.35, "trend": 40.332261, "fair_value": 62.797144, "relative_strength": -30.780425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.951328, "energy": 91.773511, "activity_lines": [ 35.697911, 36.466636, 37.623661, 38.786233 ] }, { "date": "2025-08-15", "close": 37.430534, "volume": 0, "typical_volume": 204.35, "trend": 40.084368, "fair_value": 62.217686, "relative_strength": -26.743768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.692215, "energy": 60.519752, "activity_lines": [ 36.11545, 36.523125, 37.519206, 38.599025 ] }, { "date": "2025-08-22", "close": 37.430534, "volume": 100, "typical_volume": 204.35, "trend": 39.884804, "fair_value": 61.774794, "relative_strength": -25.288236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.753412, "energy": 51.52387, "activity_lines": [ 36.523126, 36.609204, 37.439691, 38.42781 ] }, { "date": "2025-08-29", "close": 36.54285, "volume": 391, "typical_volume": 223.9, "trend": 39.655323, "fair_value": 61.292702, "relative_strength": -23.841451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.696397, "energy": 37.849743, "activity_lines": [ 36.618469, 36.559888, 37.279533, 38.2122 ] }, { "date": "2025-09-05", "close": 35.408596, "volume": 0, "typical_volume": 200.7, "trend": 39.43669, "fair_value": 60.872887, "relative_strength": -25.412825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.626103, "energy": 36.615853, "activity_lines": [ 36.339015, 36.327657, 37.026849, 37.938218 ] }, { "date": "2025-09-12", "close": 35.359276, "volume": 0, "typical_volume": 177.5, "trend": 39.175975, "fair_value": 60.613475, "relative_strength": -25.814108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.232636, "energy": 44.796528, "activity_lines": [ 36.023394, 36.121428, 36.790839, 37.675159 ] }, { "date": "2025-09-19", "close": 34.718174, "volume": 0, "typical_volume": 177.5, "trend": 38.883698, "fair_value": 60.391681, "relative_strength": -26.253583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.425754, "energy": 55.108701, "activity_lines": [ 35.451333, 35.832707, 36.520307, 37.387559 ] }, { "date": "2025-09-26", "close": 34.570229, "volume": 528, "typical_volume": 197.95, "trend": 38.559202, "fair_value": 60.113807, "relative_strength": -26.048576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.79077, "energy": 64.997939, "activity_lines": [ 35.010781, 35.563713, 36.261988, 37.10927 ] }, { "date": "2025-10-03", "close": 33.87981, "volume": 0, "typical_volume": 186.35, "trend": 38.181444, "fair_value": 59.850727, "relative_strength": -28.145764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.896549, "energy": 73.412506, "activity_lines": [ 34.530776, 35.216711, 35.962102, 36.807374 ] }, { "date": "2025-10-10", "close": 31.512663, "volume": 378, "typical_volume": 184.55, "trend": 37.734645, "fair_value": 59.579554, "relative_strength": -30.970127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.248171, "energy": 88.315252, "activity_lines": [ 33.439258, 34.488634, 35.461197, 36.37713 ] }, { "date": "2025-10-17", "close": 31.512663, "volume": 0, "typical_volume": 184.55, "trend": 37.297051, "fair_value": 59.307876, "relative_strength": -28.871476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.937725, "energy": 87.687299, "activity_lines": [ 32.607469, 33.826012, 34.998804, 35.975712 ] }, { "date": "2025-10-24", "close": 30.131824, "volume": 1112, "typical_volume": 226.2, "trend": 36.879184, "fair_value": 59.105493, "relative_strength": -32.404536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.795157, "energy": 91.295583, "activity_lines": [ 31.571841, 32.97061, 34.442008, 35.513439 ] }, { "date": "2025-10-31", "close": 29.737301, "volume": 580, "typical_volume": 234.9, "trend": 36.595455, "fair_value": 58.908673, "relative_strength": -34.424458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.016916, "energy": 91.993948, "activity_lines": [ 30.710462, 32.176181, 33.890143, 35.052673 ] }, { "date": "2025-11-07", "close": 27.518099, "volume": 0, "typical_volume": 234.9, "trend": 36.186136, "fair_value": 58.592168, "relative_strength": -37.818443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.694365, "energy": 95.313431, "activity_lines": [ 29.431544, 31.118137, 33.17037, 34.467037 ] }, { "date": "2025-11-14", "close": 28.30715, "volume": 288, "typical_volume": 237.7, "trend": 35.79983, "fair_value": 58.094586, "relative_strength": -36.586312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.042212, "energy": 91.712591, "activity_lines": [ 28.839757, 30.367644, 32.574826, 33.958715 ] }, { "date": "2025-11-21", "close": 30.378403, "volume": 652, "typical_volume": 270.3, "trend": 35.448046, "fair_value": 57.6816, "relative_strength": -30.270044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.875973, "energy": 84.354047, "activity_lines": [ 29.152089, 30.122859, 32.219519, 33.608946 ] }, { "date": "2025-11-28", "close": 34.32365, "volume": 1732, "typical_volume": 354.9, "trend": 35.250783, "fair_value": 57.458289, "relative_strength": -23.85152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.218831, "energy": 44.498055, "activity_lines": [ 30.855121, 30.685953, 32.272592, 33.536404 ] }, { "date": "2025-12-05", "close": 33.781178, "volume": 535, "typical_volume": 368.15, "trend": 35.055165, "fair_value": 57.286885, "relative_strength": -25.354551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.142216, "energy": 25.783903, "activity_lines": [ 32.097873, 31.15759, 32.288091, 33.441591 ] }, { "date": "2025-12-12", "close": 36.444221, "volume": 1370, "typical_volume": 415.25, "trend": 34.969685, "fair_value": 57.150003, "relative_strength": -19.108892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.907337, "energy": 28.652147, "activity_lines": [ 33.958715, 32.127762, 32.573417, 33.531207 ] }, { "date": "2025-12-19", "close": 33.041447, "volume": 518, "typical_volume": 427.9, "trend": 34.751052, "fair_value": 57.06389, "relative_strength": -27.771103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.987076, "energy": 29.841291, "activity_lines": [ 34.090224, 32.432622, 32.535373, 33.406805 ] }, { "date": "2025-12-26", "close": 31.216768, "volume": 50, "typical_volume": 411.7, "trend": 34.48146, "fair_value": 56.935227, "relative_strength": -31.222154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.363173, "energy": 22.691015, "activity_lines": [ 33.297886, 32.377926, 32.333414, 33.178786 ] }, { "date": "2026-01-02", "close": 32.893497, "volume": 50, "typical_volume": 414.2, "trend": 34.275979, "fair_value": 56.82844, "relative_strength": -28.134275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.192939, "energy": 13.373482, "activity_lines": [ 33.008568, 32.633471, 32.307817, 33.076337 ] }, { "date": "2026-01-09", "close": 34.372963, "volume": 1050, "typical_volume": 461.7, "trend": 34.126388, "fair_value": 56.696236, "relative_strength": -24.71227, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.565195, "energy": 4.674576, "activity_lines": [ 33.307748, 33.107796, 32.444726, 33.082594 ] }, { "date": "2026-01-16", "close": 34.964752, "volume": 106, "typical_volume": 447.45, "trend": 34.031044, "fair_value": 56.53849, "relative_strength": -23.40059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.558205, "energy": 7.791533, "activity_lines": [ 33.764739, 33.605435, 32.652556, 33.136682 ] }, { "date": "2026-01-23", "close": 34.964752, "volume": 614, "typical_volume": 478.15, "trend": 33.952139, "fair_value": 56.387571, "relative_strength": -23.201215, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.091325, "energy": 32.041575, "activity_lines": [ 34.320361, 33.967681, 32.867901, 33.196921 ] }, { "date": "2026-01-30", "close": 34.816807, "volume": 696, "typical_volume": 512.95, "trend": 33.871591, "fair_value": 56.243797, "relative_strength": -23.803081, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.289452, "energy": 37.278519, "activity_lines": [ 34.698448, 34.18198, 33.071269, 33.252706 ] }, { "date": "2026-02-06", "close": 34.718174, "volume": 392, "typical_volume": 532.55, "trend": 33.78611, "fair_value": 56.096356, "relative_strength": -23.991152, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.8649, "energy": 33.450791, "activity_lines": [ 34.803655, 34.297647, 33.267827, 33.307325 ] }, { "date": "2026-02-13", "close": 34.372963, "volume": 0, "typical_volume": 506.15, "trend": 33.692411, "fair_value": 55.947208, "relative_strength": -23.356706, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.781248, "energy": 25.061573, "activity_lines": [ 34.672146, 34.343375, 33.431507, 33.345186 ] }, { "date": "2026-02-20", "close": 35.162018, "volume": 0, "typical_volume": 506.15, "trend": 33.644739, "fair_value": 55.812223, "relative_strength": -23.225656, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.048682, "energy": 22.094674, "activity_lines": [ 34.803655, 34.521809, 33.671275, 33.44 ] }, { "date": "2026-02-27", "close": 34.668861, "volume": 633, "typical_volume": 518.9, "trend": 33.629944, "fair_value": 55.676352, "relative_strength": -22.023833, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.487387, "energy": 19.088582, "activity_lines": [ 34.757628, 34.63389, 33.85797, 33.506072 ] }, { "date": "2026-03-06", "close": 33.288025, "volume": 458, "typical_volume": 541.8, "trend": 33.582273, "fair_value": 55.518985, "relative_strength": -20.137901, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.305479, "energy": 7.479051, "activity_lines": [ 34.271048, 34.465321, 33.898127, 33.484013 ] }, { "date": "2026-03-13", "close": 37.430534, "volume": 1268, "typical_volume": 549.6, "trend": 33.582273, "fair_value": 55.367434, "relative_strength": -7.026965, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.07462, "energy": 46.516629, "activity_lines": [ 35.267223, 35.012276, 34.324355, 33.732288 ] }, { "date": "2026-03-20", "close": 41.227833, "volume": 2129, "typical_volume": 627.05, "trend": 33.708849, "fair_value": 55.22404, "relative_strength": 4.418184, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.361022, "energy": 74.603223, "activity_lines": [ 37.348341, 36.167157, 35.077475, 34.22555 ] }, { "date": "2026-03-27", "close": 38.170269, "volume": 229, "typical_volume": 638.5, "trend": 33.763097, "fair_value": 55.026145, "relative_strength": -3.996144, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.14116, "energy": 69.850017, "activity_lines": [ 37.953279, 36.641484, 35.484681, 34.513383 ] }, { "date": "2026-04-03", "close": 39.846996, "volume": 379, "typical_volume": 643.05, "trend": 33.911043, "fair_value": 54.803845, "relative_strength": -2.493886, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.174643, "energy": 78.127588, "activity_lines": [ 38.916577, 37.362388, 36.00085, 34.905893 ] }, { "date": "2026-04-10", "close": 39.846996, "volume": 0, "typical_volume": 610.45, "trend": 34.060634, "fair_value": 54.556382, "relative_strength": -7.554417, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.531996, "energy": 77.076761, "activity_lines": [ 39.534665, 37.994524, 36.462069, 35.288857 ] }, { "date": "2026-04-17", "close": 39.649734, "volume": 117, "typical_volume": 529.7, "trend": 34.225019, "fair_value": 54.376064, "relative_strength": -9.405659, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.367481, "energy": 61.498608, "activity_lines": [ 39.649734, 38.499336, 36.859411, 35.649444 ] }, { "date": "2026-04-24", "close": 40.290836, "volume": 148, "typical_volume": 510.35, "trend": 34.415706, "fair_value": 54.157495, "relative_strength": -3.905349, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.950659, "energy": 54.758298, "activity_lines": [ 39.830558, 39.031048, 37.292449, 36.040788 ] }, { "date": "2026-05-01", "close": 40.833309, "volume": 0, "typical_volume": 441.85, "trend": 34.64749, "fair_value": 53.913446, "relative_strength": -2.599109, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.126487, "energy": 52.952713, "activity_lines": [ 40.254672, 39.553793, 37.746153, 36.454826 ] }, { "date": "2026-05-08", "close": 41.178516, "volume": 96, "typical_volume": 420.75, "trend": 34.969685, "fair_value": 53.682991, "relative_strength": -2.691782, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.536908, "energy": 49.837442, "activity_lines": [ 40.616319, 40.036189, 38.211833, 36.876183 ] }, { "date": "2026-05-15", "close": 43.299088, "volume": 18, "typical_volume": 419.15, "trend": 35.362565, "fair_value": 53.472577, "relative_strength": 3.119492, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.774373, "energy": 55.596079, "activity_lines": [ 41.596056, 40.785786, 38.840724, 37.413564 ] }, { "date": "2026-05-22", "close": 49.5, "volume": 23, "typical_volume": 417.8, "trend": 36.008171, "fair_value": 53.25538, "relative_strength": 15.703469, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.634078, "energy": 70.463086, "activity_lines": [ 44.412624, 42.480802, 40.002643, 38.325656 ] }, { "date": "2026-05-29", "close": 48.200001, "volume": 85, "typical_volume": 369.55, "trend": 36.623595, "fair_value": 52.825632, "relative_strength": 9.928441, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.919516, "energy": 72.141759, "activity_lines": [ 46.139174, 43.72001, 40.961675, 39.112226 ] }, { "date": "2026-06-05", "close": 47.450001, "volume": 0, "typical_volume": 364.25, "trend": 37.287991, "fair_value": 52.408274, "relative_strength": 9.658608, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.476629, "energy": 77.08771, "activity_lines": [ 47.088447, 44.696087, 41.783434, 39.810704 ] }, { "date": "2026-06-12", "close": 45.5, "volume": 0, "typical_volume": 333.55, "trend": 37.861086, "fair_value": 52.033548, "relative_strength": 2.678658, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.686774, "energy": 70.482895, "activity_lines": [ 46.946606, 45.148897, 42.360026, 40.340511 ] }, { "date": "2026-06-19", "close": 47.5, "volume": 1, "typical_volume": 298.8, "trend": 38.431806, "fair_value": 51.684793, "relative_strength": 3.182834, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.476779, "energy": 70.419978, "activity_lines": [ 47.183334, 45.862561, 43.076926, 40.962376 ] }, { "date": "2026-06-26", "close": 44.049999, "volume": 0, "typical_volume": 279.2, "trend": 38.756018, "fair_value": 51.349582, "relative_strength": -2.078081, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.830113, "energy": 46.100311, "activity_lines": [ 45.99, 45.809806, 43.404859, 41.32484 ] }, { "date": "2026-07-03", "close": 43.099998, "volume": 0, "typical_volume": 279.2, "trend": 39.066645, "fair_value": 50.981474, "relative_strength": -6.024757, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.259176, "energy": 31.184896, "activity_lines": [ 44.843332, 45.50432, 43.597878, 41.605097 ] }, { "date": "2026-07-10", "close": 43.049999, "volume": 200, "typical_volume": 289.2, "trend": 39.286838, "fair_value": 50.61355, "relative_strength": -4.519911, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.254134, "energy": 22.497847, "activity_lines": [ 44.019999, 45.138667, 43.744578, 41.862088 ] }, { "date": "2026-07-17", "close": 42.549999, "volume": 481, "typical_volume": 281.6, "trend": 39.60379, "fair_value": 50.251527, "relative_strength": -3.421256, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.34276, "energy": 25.196873, "activity_lines": [ 43.323332, 44.641801, 43.806097, 42.072614 ] }, { "date": "2026-07-24", "close": 42.5, "volume": 0, "typical_volume": 258.7, "trend": 39.979897, "fair_value": 49.816094, "relative_strength": -4.518856, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.756591, "energy": 22.952794, "activity_lines": [ 42.806666, 44.110909, 43.825325, 42.259466 ] }, { "date": "2026-07-31", "close": 40.950001, "volume": 552, "typical_volume": 222.9, "trend": 40.248447, "fair_value": 49.243264, "relative_strength": -7.634229, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.804395, "energy": 14.515086, "activity_lines": [ 42.106667, 43.312727, 43.653067, 42.322054 ] }, { "date": "2026-08-07", "close": 43.400002, "volume": 515, "typical_volume": 142.2, "trend": 40.549349, "fair_value": 48.738237, "relative_strength": -4.752998, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.076097, "energy": 15.017885, "activity_lines": [ 42.430001, 43.115455, 43.697384, 42.52538 ] } ], "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." } } }