{ "ticker": { "uuid": "b3cd083a-e66e-4383-afb2-6d5b19e8a485", "symbol": "SONY", "name": "Sony Group Corp", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 76.036, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 44.226, "architecture_energy": 49.171, "architecture_maturity": 13.182, "architecture_confidence": 58.022, "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": 44.73, "rotation_up": 62.07, "upward_expansion": 50.25, "deceleration": 33.72, "rotation_down": 16.66, "downward_expansion": 15.58 }, "activity_lines": [ 22.424667, 21.662727, 21.368381, 21.330817 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 23.46, "trend_reference": 21.527333, "distance_from_trend": 0.089777, "trend_direction": "Weakening", "fair_value": 21.202169, "distance_from_fair_value": 0.106491, "fair_value_direction": "Improving", "relative_strength": -14.327164, "relative_strength_direction": "Improving", "price_momentum": 0.053908, "excess_performance": -0.071717, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089777, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.084657, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.106491, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.144589, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143272, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.14967, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.053908, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.35412, "read": "Demand-led" } ], "volume": { "latest": 26950204, "relative_activity": 0.935713, "balance": 1.35412, "dry_up": 0.955409, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.05866, "annualized_volatility": 0.336334, "from_high_reference": -0.226763, "from_low_reference": 0.214286 }, "levels": { "trend_reference": 21.527333, "fair_value_reference": 21.202169, "structural_low": 19.32, "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": 8, "median_return": 0.065212, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.036034, "regime_survival": 0.25, "best_return": 0.18786, "worst_return": -0.087187, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.154726, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.088774, "regime_survival": 0.0, "best_return": 0.19219, "worst_return": 0.014658, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.11158, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.016239, "regime_survival": 0.0, "best_return": 0.341679, "worst_return": -0.070224, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.058758, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.027614, "regime_survival": 0.5, "best_return": 0.61839, "worst_return": -0.133511, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.155924, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-24", "tenure": "Established", "return": 0.160553, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": 0.025443, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.047088, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.054977, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-07-18", "tenure": "Developing", "return": -0.031579, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.155145, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-10-31", "tenure": "Developing", "return": -0.022458, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-19", "tenure": "Developing", "return": -0.083363, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-23", "tenure": "Developing", "return": -0.105732, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-06-05", "tenure": "Established", "return": -0.009502, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": -0.039942, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": 0.015873, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.118208, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.277104, "volume": 3925373, "typical_volume": 3900546.9, "trend": 17.863727, "fair_value": 18.50353, "relative_strength": -9.268267, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.695681, "energy": 60.332721, "activity_lines": [ 17.151675, 17.575856, 18.047147, 17.998172 ] }, { "date": "2023-08-25", "close": 15.969914, "volume": 3799265, "typical_volume": 3934040.0, "trend": 17.803203, "fair_value": 18.507443, "relative_strength": -11.526749, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.974105, "energy": 74.727641, "activity_lines": [ 16.629321, 17.230465, 17.835978, 17.875991 ] }, { "date": "2023-09-01", "close": 16.789086, "volume": 3369423, "typical_volume": 3966206.85, "trend": 17.753497, "fair_value": 18.518752, "relative_strength": -9.219845, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.849077, "energy": 69.67916, "activity_lines": [ 16.541365, 17.092982, 17.709454, 17.810564 ] }, { "date": "2023-09-08", "close": 16.584293, "volume": 2432391, "typical_volume": 3924012.35, "trend": 17.716658, "fair_value": 18.529543, "relative_strength": -9.202169, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.594921, "energy": 68.785566, "activity_lines": [ 16.492924, 16.939315, 17.568678, 17.735131 ] }, { "date": "2023-09-15", "close": 17.084461, "volume": 2703240, "typical_volume": 3723361.15, "trend": 17.729599, "fair_value": 18.541133, "relative_strength": -6.410422, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.36188, "energy": 60.025047, "activity_lines": [ 16.689578, 16.897426, 17.482879, 17.694344 ] }, { "date": "2023-09-22", "close": 16.221967, "volume": 2522813, "typical_volume": 3659519.65, "trend": 17.729166, "fair_value": 18.549303, "relative_strength": -8.493587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.349749, "energy": 50.032987, "activity_lines": [ 16.583243, 16.714043, 17.317666, 17.597078 ] }, { "date": "2023-09-29", "close": 16.281103, "volume": 3435686, "typical_volume": 3647165.55, "trend": 17.710879, "fair_value": 18.561612, "relative_strength": -7.628778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.128271, "energy": 48.747511, "activity_lines": [ 16.500296, 16.577251, 17.16885, 17.503654 ] }, { "date": "2023-10-06", "close": 16.391738, "volume": 2362869, "typical_volume": 3540986.3, "trend": 17.702692, "fair_value": 18.573945, "relative_strength": -7.518635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.802226, "energy": 45.679042, "activity_lines": [ 16.433481, 16.498918, 17.041822, 17.418549 ] }, { "date": "2023-10-13", "close": 16.822423, "volume": 2721333, "typical_volume": 3488995.0, "trend": 17.697345, "fair_value": 18.591378, "relative_strength": -5.65932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.47975, "energy": 39.849807, "activity_lines": [ 16.536718, 16.535511, 16.969661, 17.361757 ] }, { "date": "2023-10-20", "close": 16.435202, "volume": 2074386, "typical_volume": 3440201.85, "trend": 17.672483, "fair_value": 18.602895, "relative_strength": -5.766351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.961161, "energy": 40.398286, "activity_lines": [ 16.495006, 16.518744, 16.870514, 17.280328 ] }, { "date": "2023-10-27", "close": 15.812881, "volume": 2886857, "typical_volume": 3416251.35, "trend": 17.604564, "fair_value": 18.600185, "relative_strength": -7.174803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.648625, "energy": 46.419701, "activity_lines": [ 16.289137, 16.396408, 16.725739, 17.160354 ] }, { "date": "2023-11-03", "close": 17.27089, "volume": 4818924, "typical_volume": 3472285.05, "trend": 17.601523, "fair_value": 18.599692, "relative_strength": -4.225206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.098299, "energy": 22.557192, "activity_lines": [ 16.596544, 16.547605, 16.73683, 17.138827 ] }, { "date": "2023-11-10", "close": 16.978498, "volume": 8638062, "typical_volume": 3758108.25, "trend": 17.571079, "fair_value": 18.596915, "relative_strength": -6.980467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.599873, "energy": 19.642396, "activity_lines": [ 16.740501, 16.621986, 16.729323, 17.098632 ] }, { "date": "2023-11-17", "close": 17.316329, "volume": 3881667, "typical_volume": 3731163.2, "trend": 17.544085, "fair_value": 18.59598, "relative_strength": -7.183057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.04307, "energy": 13.958265, "activity_lines": [ 16.957951, 16.754346, 16.758601, 17.082196 ] }, { "date": "2023-11-24", "close": 17.116791, "volume": 1894567, "typical_volume": 3671849.2, "trend": 17.526062, "fair_value": 18.588678, "relative_strength": -9.013909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.69684, "energy": 16.684836, "activity_lines": [ 17.075962, 16.837117, 16.770848, 17.054629 ] }, { "date": "2023-12-01", "close": 17.01801, "volume": 3802501, "typical_volume": 3523517.75, "trend": 17.477243, "fair_value": 18.580332, "relative_strength": -10.141211, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.321196, "energy": 14.424208, "activity_lines": [ 17.115606, 16.901341, 16.777546, 17.021851 ] }, { "date": "2023-12-08", "close": 17.642307, "volume": 5514622, "typical_volume": 3631577.6, "trend": 17.443852, "fair_value": 18.575639, "relative_strength": -6.962499, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.550166, "energy": 15.892254, "activity_lines": [ 17.283007, 17.064599, 16.849297, 17.032501 ] }, { "date": "2023-12-15", "close": 18.312043, "volume": 4953266, "typical_volume": 3750991.55, "trend": 17.410928, "fair_value": 18.570227, "relative_strength": -5.616166, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.150495, "energy": 45.192566, "activity_lines": [ 17.648892, 17.324878, 16.988393, 17.088513 ] }, { "date": "2023-12-22", "close": 18.203383, "volume": 3972972, "typical_volume": 3805665.65, "trend": 17.387706, "fair_value": 18.566444, "relative_strength": -6.962155, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.017877, "energy": 51.868496, "activity_lines": [ 17.889655, 17.530487, 17.117587, 17.139639 ] }, { "date": "2023-12-29", "close": 18.707167, "volume": 1993899, "typical_volume": 3585205.8, "trend": 17.367953, "fair_value": 18.560591, "relative_strength": -4.703776, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.160019, "energy": 65.69323, "activity_lines": [ 18.239208, 17.802584, 17.292648, 17.224766 ] }, { "date": "2024-01-05", "close": 18.021626, "volume": 2869194, "typical_volume": 3532396.85, "trend": 17.322526, "fair_value": 18.546748, "relative_strength": -6.603362, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.45235, "energy": 58.028618, "activity_lines": [ 18.254223, 17.908728, 17.393585, 17.266938 ] }, { "date": "2024-01-12", "close": 19.706832, "volume": 4787218, "typical_volume": 3581794.5, "trend": 17.338983, "fair_value": 18.546122, "relative_strength": 0.325481, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.551297, "energy": 79.548703, "activity_lines": [ 18.764065, 18.281115, 17.646712, 17.420764 ] }, { "date": "2024-01-19", "close": 19.562612, "volume": 2758904, "typical_volume": 3551268.55, "trend": 17.392838, "fair_value": 18.54574, "relative_strength": -1.393263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.161174, "energy": 80.358604, "activity_lines": [ 19.088199, 18.58299, 17.868308, 17.564224 ] }, { "date": "2024-01-26", "close": 18.845461, "volume": 3148764, "typical_volume": 3587087.2, "trend": 17.430008, "fair_value": 18.547479, "relative_strength": -5.720832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.852138, "energy": 66.284417, "activity_lines": [ 19.089911, 18.70749, 18.008397, 17.657942 ] }, { "date": "2024-02-02", "close": 19.471733, "volume": 3041010, "typical_volume": 3603975.7, "trend": 17.481491, "fair_value": 18.527107, "relative_strength": -3.70141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.05107, "energy": 76.257309, "activity_lines": [ 19.257576, 18.918056, 18.197363, 17.789666 ] }, { "date": "2024-02-09", "close": 18.965974, "volume": 3304973, "typical_volume": 3643083.7, "trend": 17.507253, "fair_value": 18.50745, "relative_strength": -7.215249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.381463, "energy": 61.88237, "activity_lines": [ 19.205683, 18.993848, 18.326794, 17.885439 ] }, { "date": "2024-02-16", "close": 17.551428, "volume": 8363784, "typical_volume": 3889488.6, "trend": 17.4793, "fair_value": 18.476225, "relative_strength": -13.580605, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.553463, "energy": 25.057818, "activity_lines": [ 18.619318, 18.777032, 18.30844, 17.888289 ] }, { "date": "2024-02-23", "close": 17.367695, "volume": 5003092, "typical_volume": 4021499.75, "trend": 17.444698, "fair_value": 18.455926, "relative_strength": -15.594717, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.604062, "energy": 18.105078, "activity_lines": [ 18.115402, 18.528463, 18.266538, 17.881089 ] }, { "date": "2024-03-01", "close": 17.389427, "volume": 5425014, "typical_volume": 4156683.8, "trend": 17.432349, "fair_value": 18.437844, "relative_strength": -15.979321, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.635415, "energy": 22.867943, "activity_lines": [ 17.765059, 18.301015, 18.222058, 17.877523 ] }, { "date": "2024-03-08", "close": 17.229402, "volume": 3585617, "typical_volume": 4232245.35, "trend": 17.444926, "fair_value": 18.418214, "relative_strength": -16.165097, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.2094, "energy": 29.50014, "activity_lines": [ 17.458442, 18.059271, 18.159638, 17.864429 ] }, { "date": "2024-03-15", "close": 17.262987, "volume": 2678126, "typical_volume": 4221808.8, "trend": 17.477789, "fair_value": 18.397929, "relative_strength": -15.537105, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.013036, "energy": 36.017773, "activity_lines": [ 17.312509, 17.850501, 18.096634, 17.852691 ] }, { "date": "2024-03-22", "close": 17.507964, "volume": 3005223, "typical_volume": 4131123.75, "trend": 17.529057, "fair_value": 18.379014, "relative_strength": -15.786449, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.385339, "energy": 35.594466, "activity_lines": [ 17.361768, 17.700067, 18.050056, 17.854638 ] }, { "date": "2024-03-29", "close": 16.995064, "volume": 2608592, "typical_volume": 3829650.25, "trend": 17.535923, "fair_value": 18.35468, "relative_strength": -18.080249, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.606676, "energy": 43.748614, "activity_lines": [ 17.242958, 17.496357, 17.953502, 17.820187 ] }, { "date": "2024-04-05", "close": 16.812705, "volume": 2876825, "typical_volume": 3779408.15, "trend": 17.543537, "fair_value": 18.323028, "relative_strength": -17.810779, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.703501, "energy": 40.021278, "activity_lines": [ 17.088203, 17.306173, 17.839501, 17.773528 ] }, { "date": "2024-04-12", "close": 16.648185, "volume": 2662943, "typical_volume": 3817826.95, "trend": 17.528994, "fair_value": 18.291183, "relative_strength": -16.945136, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.707425, "energy": 53.334212, "activity_lines": [ 16.917057, 17.123037, 17.71223, 17.715763 ] }, { "date": "2024-04-19", "close": 16.114984, "volume": 3270407, "typical_volume": 3791222.25, "trend": 17.525428, "fair_value": 18.257366, "relative_strength": -16.564175, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.827222, "energy": 71.326145, "activity_lines": [ 16.606924, 16.894291, 17.53641, 17.624537 ] }, { "date": "2024-04-26", "close": 16.319146, "volume": 3058559, "typical_volume": 3668419.1, "trend": 17.526696, "fair_value": 18.237055, "relative_strength": -17.237504, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.071674, "energy": 72.219999, "activity_lines": [ 16.44138, 16.754503, 17.384333, 17.546712 ] }, { "date": "2024-05-03", "close": 16.757204, "volume": 2855400, "typical_volume": 3563525.8, "trend": 17.538878, "fair_value": 18.223444, "relative_strength": -14.985581, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.207324, "energy": 75.796289, "activity_lines": [ 16.501109, 16.716766, 17.280277, 17.497067 ] }, { "date": "2024-05-10", "close": 14.939561, "volume": 7173356, "typical_volume": 3723545.0, "trend": 17.476116, "fair_value": 18.201786, "relative_strength": -24.950074, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.392732, "energy": 89.079836, "activity_lines": [ 15.970814, 16.359648, 17.010517, 17.32937 ] }, { "date": "2024-05-17", "close": 16.600614, "volume": 8795528, "typical_volume": 4063626.45, "trend": 17.48163, "fair_value": 18.187994, "relative_strength": -17.320311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.787727, "energy": 58.44409, "activity_lines": [ 16.11908, 16.349084, 16.914494, 17.272886 ] }, { "date": "2024-05-24", "close": 15.914785, "volume": 3641710, "typical_volume": 4102252.25, "trend": 17.485027, "fair_value": 18.165777, "relative_strength": -20.1028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.475149, "energy": 54.196866, "activity_lines": [ 16.041908, 16.225255, 16.763184, 17.171799 ] }, { "date": "2024-05-31", "close": 16.321129, "volume": 3285903, "typical_volume": 4027186.5, "trend": 17.453368, "fair_value": 18.144818, "relative_strength": -17.113749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.127505, "energy": 49.916819, "activity_lines": [ 16.11353, 16.19982, 16.660607, 17.096709 ] }, { "date": "2024-06-07", "close": 16.937581, "volume": 3653930, "typical_volume": 4071937.8, "trend": 17.452004, "fair_value": 18.12917, "relative_strength": -14.434384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.67511, "energy": 25.779498, "activity_lines": [ 16.390504, 16.308046, 16.632862, 17.063432 ] }, { "date": "2024-06-14", "close": 16.297343, "volume": 3191445, "typical_volume": 4074071.85, "trend": 17.418038, "fair_value": 18.115443, "relative_strength": -18.39931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.881466, "energy": 25.51979, "activity_lines": [ 16.442041, 16.300911, 16.556643, 16.988938 ] }, { "date": "2024-06-21", "close": 15.962357, "volume": 5829825, "typical_volume": 4213512.6, "trend": 17.379557, "fair_value": 18.095227, "relative_strength": -20.058345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.896576, "energy": 27.309658, "activity_lines": [ 16.291396, 16.242239, 16.460653, 16.895023 ] }, { "date": "2024-06-28", "close": 16.838473, "volume": 4044523, "typical_volume": 4250490.1, "trend": 17.373572, "fair_value": 18.076387, "relative_strength": -15.197879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.801323, "energy": 18.717074, "activity_lines": [ 16.475341, 16.35533, 16.464815, 16.860114 ] }, { "date": "2024-07-05", "close": 17.209138, "volume": 2520194, "typical_volume": 3958310.6, "trend": 17.359133, "fair_value": 18.059437, "relative_strength": -14.489476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.521448, "energy": 8.887269, "activity_lines": [ 16.721261, 16.522661, 16.514409, 16.849505 ] }, { "date": "2024-07-12", "close": 19.042638, "volume": 4861905, "typical_volume": 3951251.25, "trend": 17.383487, "fair_value": 18.054914, "relative_strength": -5.931092, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.664964, "energy": 34.93624, "activity_lines": [ 17.519148, 17.007173, 16.740252, 16.958119 ] }, { "date": "2024-07-19", "close": 18.400417, "volume": 4000106, "typical_volume": 3880005.85, "trend": 17.390054, "fair_value": 18.047321, "relative_strength": -6.899742, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.469797, "energy": 51.353172, "activity_lines": [ 17.962624, 17.333365, 16.896955, 17.023727 ] }, { "date": "2024-07-26", "close": 17.308246, "volume": 4518177, "typical_volume": 3926633.85, "trend": 17.343424, "fair_value": 18.028187, "relative_strength": -11.264557, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.915574, "energy": 45.34433, "activity_lines": [ 17.901837, 17.398056, 16.944827, 17.018449 ] }, { "date": "2024-08-02", "close": 16.176431, "volume": 4673030, "typical_volume": 4026379.05, "trend": 17.281917, "fair_value": 18.003894, "relative_strength": -14.816159, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 0.01039, "energy": 17.187643, "activity_lines": [ 17.374054, 17.244096, 16.884533, 16.943159 ] }, { "date": "2024-08-09", "close": 16.729454, "volume": 5663222, "typical_volume": 4159279.0, "trend": 17.182671, "fair_value": 17.983993, "relative_strength": -11.586847, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.81804, "energy": 6.435444, "activity_lines": [ 17.074747, 17.185928, 16.882081, 16.907516 ] }, { "date": "2024-08-16", "close": 17.887037, "volume": 3361397, "typical_volume": 4196919.25, "trend": 17.126819, "fair_value": 17.976876, "relative_strength": -8.831162, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.77596, "energy": 14.058774, "activity_lines": [ 17.19328, 17.330806, 16.993582, 16.952959 ] }, { "date": "2024-08-23", "close": 18.313202, "volume": 3290801, "typical_volume": 4217618.05, "trend": 17.109077, "fair_value": 17.965494, "relative_strength": -7.745509, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.781934, "energy": 13.215026, "activity_lines": [ 17.530909, 17.535906, 17.141423, 17.0295 ] }, { "date": "2024-08-30", "close": 19.33798, "volume": 3382776, "typical_volume": 4253609.7, "trend": 17.104618, "fair_value": 17.954445, "relative_strength": -2.669306, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.57011, "energy": 66.035257, "activity_lines": [ 18.215944, 17.890677, 17.379717, 17.1733 ] }, { "date": "2024-09-06", "close": 17.849376, "volume": 2917722, "typical_volume": 4235975.45, "trend": 17.067398, "fair_value": 17.931272, "relative_strength": -6.042814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.203538, "energy": 62.298375, "activity_lines": [ 18.269462, 17.913418, 17.46343, 17.221349 ] }, { "date": "2024-09-13", "close": 18.521329, "volume": 2421934, "typical_volume": 4204144.2, "trend": 17.099728, "fair_value": 17.911933, "relative_strength": -5.953783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.250398, "energy": 64.997354, "activity_lines": [ 18.435435, 18.039952, 17.60288, 17.315151 ] }, { "date": "2024-09-20", "close": 18.451954, "volume": 3135854, "typical_volume": 4218166.9, "trend": 17.13587, "fair_value": 17.88353, "relative_strength": -7.328253, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.224584, "energy": 59.058748, "activity_lines": [ 18.458825, 18.130014, 17.725236, 17.402392 ] }, { "date": "2024-09-27", "close": 19.060478, "volume": 2832084, "typical_volume": 4001103.3, "trend": 17.191572, "fair_value": 17.868811, "relative_strength": -4.536407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.500161, "energy": 43.327806, "activity_lines": [ 18.647395, 18.341457, 17.897477, 17.52656 ] }, { "date": "2024-10-04", "close": 18.865399, "volume": 3101592, "typical_volume": 3716406.5, "trend": 17.246105, "fair_value": 17.855366, "relative_strength": -5.46307, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.243604, "energy": 41.81702, "activity_lines": [ 18.72112, 18.50543, 18.031515, 17.634549 ] }, { "date": "2024-10-11", "close": 18.875344, "volume": 6858883, "typical_volume": 3877265.15, "trend": 17.299851, "fair_value": 17.835722, "relative_strength": -6.130256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.276322, "energy": 44.048813, "activity_lines": [ 18.829666, 18.642899, 18.155715, 17.739661 ] }, { "date": "2024-10-18", "close": 18.119535, "volume": 10284233, "typical_volume": 4227181.65, "trend": 17.320236, "fair_value": 17.810646, "relative_strength": -10.235614, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.067054, "energy": 36.232844, "activity_lines": [ 18.617877, 18.593877, 18.193836, 17.792544 ] }, { "date": "2024-10-25", "close": 17.522843, "volume": 12986175, "typical_volume": 4693793.9, "trend": 17.337829, "fair_value": 17.778219, "relative_strength": -11.929701, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.410032, "energy": 17.112556, "activity_lines": [ 18.233978, 18.411092, 18.166566, 17.805615 ] }, { "date": "2024-11-01", "close": 17.632237, "volume": 12005198, "typical_volume": 5134481.55, "trend": 17.365147, "fair_value": 17.737205, "relative_strength": -9.66347, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.867089, "energy": 17.783575, "activity_lines": [ 17.948483, 18.254818, 18.146926, 17.824609 ] }, { "date": "2024-11-08", "close": 19.800216, "volume": 21242355, "typical_volume": 5905108.05, "trend": 17.470214, "fair_value": 17.710488, "relative_strength": -2.834709, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.84231, "energy": 24.940704, "activity_lines": [ 18.480865, 18.505103, 18.327405, 17.981711 ] }, { "date": "2024-11-15", "close": 18.358211, "volume": 14878654, "typical_volume": 6446814.6, "trend": 17.544989, "fair_value": 17.671602, "relative_strength": -7.601709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.229384, "energy": 16.134631, "activity_lines": [ 18.470257, 18.484801, 18.352274, 18.039001 ] }, { "date": "2024-11-22", "close": 18.954903, "volume": 15757907, "typical_volume": 7108700.25, "trend": 17.632847, "fair_value": 17.641504, "relative_strength": -5.827069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.424433, "energy": 30.847139, "activity_lines": [ 18.693022, 18.563737, 18.426734, 18.129963 ] }, { "date": "2024-11-29", "close": 19.939444, "volume": 8851673, "typical_volume": 7308188.65, "trend": 17.738922, "fair_value": 17.61928, "relative_strength": -1.842897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.991848, "energy": 61.732305, "activity_lines": [ 19.188276, 18.813797, 18.586646, 18.278776 ] }, { "date": "2024-12-06", "close": 20.824537, "volume": 16597917, "typical_volume": 7938079.2, "trend": 17.935088, "fair_value": 17.59868, "relative_strength": 1.894085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.321304, "energy": 75.67195, "activity_lines": [ 19.817454, 19.197738, 18.826583, 18.477847 ] }, { "date": "2024-12-13", "close": 21.570401, "volume": 21410741, "typical_volume": 8782707.4, "trend": 18.100747, "fair_value": 17.585523, "relative_strength": 6.396751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.024118, "energy": 84.980769, "activity_lines": [ 20.482433, 19.685217, 19.126011, 18.712384 ] }, { "date": "2024-12-20", "close": 20.904096, "volume": 22374281, "typical_volume": 9667769.95, "trend": 18.267058, "fair_value": 17.564682, "relative_strength": 5.253113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.78424, "energy": 80.066304, "activity_lines": [ 20.807299, 20.002368, 19.341685, 18.893245 ] }, { "date": "2024-12-27", "close": 21.341669, "volume": 6725903, "typical_volume": 9720904.0, "trend": 18.434409, "fair_value": 17.543471, "relative_strength": 7.003873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.721501, "energy": 83.133512, "activity_lines": [ 21.108297, 20.362191, 19.576521, 19.091607 ] }, { "date": "2025-01-03", "close": 21.202441, "volume": 8062385, "typical_volume": 9955953.4, "trend": 18.576571, "fair_value": 17.52398, "relative_strength": 7.051256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.930606, "energy": 75.484699, "activity_lines": [ 21.203767, 20.638116, 19.776133, 19.27019 ] }, { "date": "2025-01-10", "close": 20.23779, "volume": 14217834, "typical_volume": 10502305.05, "trend": 18.707919, "fair_value": 17.497706, "relative_strength": 4.619398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.151532, "energy": 49.191131, "activity_lines": [ 20.893488, 20.671747, 19.868086, 19.377365 ] }, { "date": "2025-01-17", "close": 20.526191, "volume": 19214632, "typical_volume": 11293897.85, "trend": 18.860047, "fair_value": 17.489732, "relative_strength": 3.477021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.001546, "energy": 41.345673, "activity_lines": [ 20.718458, 20.710442, 19.978342, 19.494673 ] }, { "date": "2025-01-24", "close": 20.715143, "volume": 15462684, "typical_volume": 11921145.95, "trend": 18.989269, "fair_value": 17.488957, "relative_strength": 2.948323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.669497, "energy": 31.316028, "activity_lines": [ 20.676027, 20.770292, 20.100935, 19.614357 ] }, { "date": "2025-01-31", "close": 21.888637, "volume": 18997108, "typical_volume": 12749904.65, "trend": 19.145253, "fair_value": 17.492854, "relative_strength": 10.117268, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.101814, "energy": 41.282724, "activity_lines": [ 21.037357, 21.000651, 20.321642, 19.801413 ] }, { "date": "2025-02-07", "close": 22.445549, "volume": 18334396, "typical_volume": 13509831.75, "trend": 19.258683, "fair_value": 17.501984, "relative_strength": 13.179913, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.236409, "energy": 59.11779, "activity_lines": [ 21.54786, 21.278926, 20.579354, 20.014335 ] }, { "date": "2025-02-14", "close": 24.006892, "volume": 24185520, "typical_volume": 14577503.55, "trend": 19.445566, "fair_value": 17.525573, "relative_strength": 19.017263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.787975, "energy": 86.851844, "activity_lines": [ 22.495936, 21.795517, 20.966748, 20.320671 ] }, { "date": "2025-02-21", "close": 24.643363, "volume": 18962755, "typical_volume": 15370561.7, "trend": 19.690069, "fair_value": 17.553417, "relative_strength": 23.697165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.965545, "energy": 93.756826, "activity_lines": [ 23.404896, 22.369968, 21.391204, 20.656013 ] }, { "date": "2025-02-28", "close": 24.901929, "volume": 18942226, "typical_volume": 15974728.85, "trend": 19.980919, "fair_value": 17.589944, "relative_strength": 25.656044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.623025, "energy": 92.959956, "activity_lines": [ 24.125567, 22.935559, 21.812772, 20.992262 ] }, { "date": "2025-03-07", "close": 24.016837, "volume": 20171210, "typical_volume": 16469077.7, "trend": 20.223832, "fair_value": 17.622248, "relative_strength": 24.486707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.838024, "energy": 87.289787, "activity_lines": [ 24.272088, 23.267537, 22.121346, 21.252644 ] }, { "date": "2025-03-14", "close": 23.967113, "volume": 25243250, "typical_volume": 17081931.45, "trend": 20.426501, "fair_value": 17.643219, "relative_strength": 26.512857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.982694, "energy": 81.305131, "activity_lines": [ 24.260155, 23.541834, 22.397103, 21.494146 ] }, { "date": "2025-03-21", "close": 25.090882, "volume": 59053454, "typical_volume": 19434344.25, "trend": 20.652424, "fair_value": 17.671182, "relative_strength": 30.992539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.675143, "energy": 68.678248, "activity_lines": [ 24.521373, 23.970187, 22.749199, 21.795073 ] }, { "date": "2025-03-28", "close": 24.951654, "volume": 33091589, "typical_volume": 20026805.95, "trend": 20.839546, "fair_value": 17.70214, "relative_strength": 31.323768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.201198, "energy": 63.59469, "activity_lines": [ 24.663916, 24.284987, 23.052517, 22.072443 ] }, { "date": "2025-04-04", "close": 21.75955, "volume": 35820776, "typical_volume": 21073912.05, "trend": 20.969886, "fair_value": 17.718464, "relative_strength": 25.222163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.411265, "energy": 34.545323, "activity_lines": [ 23.721872, 23.938941, 23.027295, 22.131798 ] }, { "date": "2025-04-11", "close": 22.876447, "volume": 37593320, "typical_volume": 22165682.7, "trend": 21.115056, "fair_value": 17.75339, "relative_strength": 23.901329, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.876944, "energy": 25.847506, "activity_lines": [ 23.361618, 23.776979, 23.092247, 22.254802 ] }, { "date": "2025-04-18", "close": 23.943482, "volume": 15168790, "typical_volume": 22481538.55, "trend": 21.298107, "fair_value": 17.799592, "relative_strength": 30.625539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.339949, "energy": 21.773031, "activity_lines": [ 23.433069, 23.791062, 23.240147, 22.437281 ] }, { "date": "2025-04-25", "close": 24.900823, "volume": 16982309, "typical_volume": 22500758.15, "trend": 21.492785, "fair_value": 17.851367, "relative_strength": 28.965602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.206823, "energy": 25.360071, "activity_lines": [ 23.825209, 23.951973, 23.460156, 22.669714 ] }, { "date": "2025-05-02", "close": 25.259825, "volume": 36676006, "typical_volume": 23264021.4, "trend": 21.705933, "fair_value": 17.908439, "relative_strength": 26.315711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.848274, "energy": 40.429137, "activity_lines": [ 24.349687, 24.161903, 23.694944, 22.912749 ] }, { "date": "2025-05-09", "close": 24.631571, "volume": 23821269, "typical_volume": 23336370.8, "trend": 21.897807, "fair_value": 17.957286, "relative_strength": 22.725702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.221307, "energy": 40.946469, "activity_lines": [ 24.644202, 24.246397, 23.852331, 23.1015 ] }, { "date": "2025-05-16", "close": 24.611626, "volume": 52169346, "typical_volume": 25608542.95, "trend": 22.11421, "fair_value": 18.002332, "relative_strength": 15.858415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.032456, "energy": 47.547477, "activity_lines": [ 24.740601, 24.33218, 23.990068, 23.276585 ] }, { "date": "2025-05-23", "close": 25.459271, "volume": 31535330, "typical_volume": 26782190.2, "trend": 22.378758, "fair_value": 18.049904, "relative_strength": 22.083626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.318366, "energy": 53.965316, "activity_lines": [ 25.00387, 24.561267, 24.192961, 23.492396 ] }, { "date": "2025-05-30", "close": 26.306916, "volume": 30608967, "typical_volume": 27601746.85, "trend": 22.667914, "fair_value": 18.102434, "relative_strength": 23.074345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.569485, "energy": 57.47356, "activity_lines": [ 25.448634, 24.91734, 24.456312, 23.745825 ] }, { "date": "2025-06-06", "close": 26.586141, "volume": 22427156, "typical_volume": 27762373.05, "trend": 22.894111, "fair_value": 18.162493, "relative_strength": 21.566685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.828305, "energy": 63.956201, "activity_lines": [ 25.892734, 25.302072, 24.717356, 23.998614 ] }, { "date": "2025-06-13", "close": 25.858163, "volume": 19384121, "typical_volume": 27958444.9, "trend": 23.14411, "fair_value": 18.222974, "relative_strength": 17.860366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.50726, "energy": 59.872694, "activity_lines": [ 26.005753, 25.524726, 24.880211, 24.189843 ] }, { "date": "2025-06-20", "close": 24.681432, "volume": 19667726, "typical_volume": 27991975.8, "trend": 23.334994, "fair_value": 18.273857, "relative_strength": 11.985353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.052362, "energy": 41.299494, "activity_lines": [ 25.644756, 25.458909, 24.906506, 24.289025 ] }, { "date": "2025-06-27", "close": 26.227138, "volume": 30241425, "typical_volume": 28587327.25, "trend": 23.544584, "fair_value": 18.339611, "relative_strength": 14.33468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.633578, "energy": 39.227461, "activity_lines": [ 25.79434, 25.641311, 25.066712, 24.475615 ] }, { "date": "2025-07-04", "close": 25.509133, "volume": 19588109, "typical_volume": 28357456.7, "trend": 23.700737, "fair_value": 18.399635, "relative_strength": 8.823656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.350399, "energy": 30.358636, "activity_lines": [ 25.653399, 25.651646, 25.14053, 24.60236 ] }, { "date": "2025-07-11", "close": 24.362319, "volume": 22755144, "typical_volume": 28547076.15, "trend": 23.793801, "fair_value": 18.452846, "relative_strength": 3.970524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.240873, "energy": 16.695601, "activity_lines": [ 25.183371, 25.442409, 25.097973, 24.645043 ] }, { "date": "2025-07-18", "close": 23.853732, "volume": 24772619, "typical_volume": 28838595.8, "trend": 23.892122, "fair_value": 18.496769, "relative_strength": 0.947106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.484379, "energy": 12.061157, "activity_lines": [ 24.69207, 25.15702, 25.008317, 24.64891 ] }, { "date": "2025-07-25", "close": 24.811072, "volume": 21057282, "typical_volume": 28882899.4, "trend": 24.007769, "fair_value": 18.548796, "relative_strength": 3.073768, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.29554, "energy": 19.289128, "activity_lines": [ 24.65351, 25.059836, 25.014829, 24.708197 ] }, { "date": "2025-08-01", "close": 24.302485, "volume": 17128365, "typical_volume": 28477155.15, "trend": 24.111104, "fair_value": 18.596397, "relative_strength": 3.020293, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.99897, "energy": 17.201391, "activity_lines": [ 24.436779, 24.866554, 24.969121, 24.727211 ] }, { "date": "2025-08-08", "close": 27.074783, "volume": 23296777, "typical_volume": 26689321.3, "trend": 24.339003, "fair_value": 18.661168, "relative_strength": 11.382749, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.19384, "energy": 24.557364, "activity_lines": [ 25.272457, 25.19836, 25.185845, 24.918416 ] }, { "date": "2025-08-15", "close": 28.660378, "volume": 19945056, "typical_volume": 26031994.65, "trend": 24.610143, "fair_value": 18.736191, "relative_strength": 16.06399, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.241051, "energy": 67.439215, "activity_lines": [ 26.53229, 25.804494, 25.544131, 25.197214 ] }, { "date": "2025-08-22", "close": 28.530738, "volume": 16337746, "typical_volume": 25057843.15, "trend": 24.870663, "fair_value": 18.816674, "relative_strength": 14.559552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.31273, "energy": 79.732807, "activity_lines": [ 27.462373, 26.349344, 25.872409, 25.450156 ] }, { "date": "2025-08-29", "close": 27.443758, "volume": 17313726, "typical_volume": 24043863.45, "trend": 25.055833, "fair_value": 18.895805, "relative_strength": 9.81194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.502768, "energy": 77.323891, "activity_lines": [ 27.718328, 26.647969, 26.064922, 25.616162 ] }, { "date": "2025-09-05", "close": 27.49362, "volume": 14049102, "typical_volume": 23987879.05, "trend": 25.224102, "fair_value": 18.977573, "relative_strength": 9.149702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.799025, "energy": 75.19343, "activity_lines": [ 27.815392, 26.905435, 26.240434, 25.773438 ] }, { "date": "2025-09-12", "close": 29.129076, "volume": 20809538, "typical_volume": 24179240.5, "trend": 25.394842, "fair_value": 19.074212, "relative_strength": 13.241108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.164892, "energy": 75.556834, "activity_lines": [ 28.244866, 27.437231, 26.554799, 26.025372 ] }, { "date": "2025-09-19", "close": 29.278661, "volume": 17447414, "typical_volume": 23217810.9, "trend": 25.549352, "fair_value": 19.176133, "relative_strength": 11.817176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.15639, "energy": 61.362144, "activity_lines": [ 28.587248, 27.930406, 26.863276, 26.275941 ] }, { "date": "2025-09-26", "close": 29.697497, "volume": 23772306, "typical_volume": 23215362.75, "trend": 25.709204, "fair_value": 19.28591, "relative_strength": 13.125995, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.275287, "energy": 72.78673, "activity_lines": [ 29.028024, 28.410346, 27.192504, 26.543564 ] }, { "date": "2025-10-03", "close": 28.96, "volume": 19881670, "typical_volume": 21600978.95, "trend": 25.873976, "fair_value": 19.387991, "relative_strength": 8.574631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.480417, "energy": 64.910965, "activity_lines": [ 29.145183, 28.649944, 27.427371, 26.753292 ] }, { "date": "2025-10-10", "close": 28.25, "volume": 32567949, "typical_volume": 21652609.9, "trend": 26.016739, "fair_value": 19.488263, "relative_strength": 8.001919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.807907, "energy": 48.526871, "activity_lines": [ 28.924593, 28.685017, 27.573912, 26.906584 ] }, { "date": "2025-10-17", "close": 28.9, "volume": 18404491, "typical_volume": 21042386.1, "trend": 26.14371, "fair_value": 19.591682, "relative_strength": 7.967446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.379689, "energy": 43.59036, "activity_lines": [ 28.870244, 28.766499, 27.769069, 27.092601 ] }, { "date": "2025-10-24", "close": 28.65, "volume": 17709614, "typical_volume": 20806509.0, "trend": 26.266988, "fair_value": 19.689963, "relative_strength": 4.419149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.385681, "energy": 32.433977, "activity_lines": [ 28.747833, 28.76934, 27.928068, 27.254297 ] }, { "date": "2025-10-31", "close": 27.89, "volume": 16847707, "typical_volume": 20679688.3, "trend": 26.471336, "fair_value": 19.774892, "relative_strength": 0.472637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.228654, "energy": 23.18454, "activity_lines": [ 28.414, 28.634188, 28.004859, 27.359008 ] }, { "date": "2025-11-07", "close": 27.71, "volume": 15220133, "typical_volume": 20457308.65, "trend": 26.632455, "fair_value": 19.847972, "relative_strength": 1.101618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.073007, "energy": 18.938936, "activity_lines": [ 28.140667, 28.477959, 28.054831, 27.438921 ] }, { "date": "2025-11-14", "close": 30.12, "volume": 25934608, "typical_volume": 20241967.8, "trend": 26.838339, "fair_value": 19.939898, "relative_strength": 9.064741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.850409, "energy": 32.809342, "activity_lines": [ 28.754, 28.755071, 28.319906, 27.663924 ] }, { "date": "2025-11-21", "close": 28.53, "volume": 21409431, "typical_volume": 20333033.9, "trend": 26.959311, "fair_value": 20.018486, "relative_strength": 4.786462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.43806, "energy": 26.440833, "activity_lines": [ 28.712667, 28.695339, 28.415014, 27.773064 ] }, { "date": "2025-11-28", "close": 29.35, "volume": 10083253, "typical_volume": 19699439.35, "trend": 27.09565, "fair_value": 20.102456, "relative_strength": 3.500114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.641951, "energy": 34.237206, "activity_lines": [ 28.969333, 28.795591, 28.573832, 27.927302 ] }, { "date": "2025-12-05", "close": 28.03, "volume": 18063752, "typical_volume": 19363996.0, "trend": 27.208931, "fair_value": 20.180997, "relative_strength": -1.76865, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.498522, "energy": 29.638985, "activity_lines": [ 28.739333, 28.654545, 28.583186, 27.987582 ] }, { "date": "2025-12-12", "close": 26.77, "volume": 20690244, "typical_volume": 19345644.1, "trend": 27.280877, "fair_value": 20.25399, "relative_strength": -5.779968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.74436, "energy": 6.54946, "activity_lines": [ 28.08, 28.314727, 28.452652, 27.959264 ] }, { "date": "2025-12-19", "close": 25.4, "volume": 23164502, "typical_volume": 19647450.95, "trend": 27.278901, "fair_value": 20.32, "relative_strength": -10.773093, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.075565, "energy": 37.94801, "activity_lines": [ 27.026667, 27.765636, 28.182314, 27.837917 ] }, { "date": "2025-12-26", "close": 25.82, "volume": 16102863, "typical_volume": 19287755.25, "trend": 27.262671, "fair_value": 20.389533, "relative_strength": -10.620685, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.734897, "energy": 50.921698, "activity_lines": [ 26.428, 27.344727, 27.94675, 27.743795 ] }, { "date": "2026-01-02", "close": 25.88, "volume": 10328988, "typical_volume": 18806951.85, "trend": 27.239133, "fair_value": 20.453021, "relative_strength": -9.545062, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.909256, "energy": 59.935288, "activity_lines": [ 26.03, 26.990727, 27.722875, 27.65459 ] }, { "date": "2026-01-09", "close": 25.04, "volume": 24717343, "typical_volume": 19225931.7, "trend": 27.211861, "fair_value": 20.505639, "relative_strength": -13.887296, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.214241, "energy": 71.359001, "activity_lines": [ 25.583333, 26.534364, 27.43224, 27.512711 ] }, { "date": "2026-01-16", "close": 24.05, "volume": 28374401, "typical_volume": 19778965.45, "trend": 27.190813, "fair_value": 20.547456, "relative_strength": -17.004502, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.610332, "energy": 74.883142, "activity_lines": [ 25.006, 25.949818, 27.063942, 27.30872 ] }, { "date": "2026-01-23", "close": 23.09, "volume": 30899310, "typical_volume": 20621475.85, "trend": 27.086242, "fair_value": 20.581458, "relative_strength": -20.00085, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.211924, "energy": 89.259881, "activity_lines": [ 24.29, 25.257273, 26.620376, 27.044151 ] }, { "date": "2026-01-30", "close": 22.1, "volume": 39643376, "typical_volume": 21563167.75, "trend": 26.972604, "fair_value": 20.605944, "relative_strength": -23.563512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.365335, "energy": 94.111125, "activity_lines": [ 23.398, 24.512545, 26.103494, 26.722458 ] }, { "date": "2026-02-06", "close": 22.26, "volume": 51549159, "typical_volume": 23268255.0, "trend": 26.902527, "fair_value": 20.635242, "relative_strength": -22.661477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.2593, "energy": 90.653691, "activity_lines": [ 22.807333, 23.913818, 25.635321, 26.418419 ] }, { "date": "2026-02-13", "close": 23.19, "volume": 32222188, "typical_volume": 23690749.1, "trend": 26.880402, "fair_value": 20.676869, "relative_strength": -18.162292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.720335, "energy": 86.224139, "activity_lines": [ 22.768, 23.613091, 25.289143, 26.178901 ] }, { "date": "2026-02-20", "close": 21.93, "volume": 19671875, "typical_volume": 23680259.35, "trend": 26.784367, "fair_value": 20.713376, "relative_strength": -23.124216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.921354, "energy": 88.238859, "activity_lines": [ 22.432, 23.171273, 24.853952, 25.85952 ] }, { "date": "2026-02-27", "close": 23.06, "volume": 28450578, "typical_volume": 23474390.8, "trend": 26.74295, "fair_value": 20.753313, "relative_strength": -18.424558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.750846, "energy": 62.951518, "activity_lines": [ 22.614, 23.022909, 24.559857, 25.619239 ] }, { "date": "2026-03-06", "close": 21.48, "volume": 37501370, "typical_volume": 24429234.75, "trend": 26.556458, "fair_value": 20.784356, "relative_strength": -22.103395, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.979047, "energy": 65.022293, "activity_lines": [ 22.271333, 22.629818, 24.14, 25.279693 ] }, { "date": "2026-03-13", "close": 21.49, "volume": 28157239, "typical_volume": 24951616.0, "trend": 26.317445, "fair_value": 20.813248, "relative_strength": -20.483265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.003554, "energy": 65.058458, "activity_lines": [ 21.973333, 22.317455, 23.756429, 24.952825 ] }, { "date": "2026-03-20", "close": 20.22, "volume": 24809652, "typical_volume": 25349713.25, "trend": 26.04042, "fair_value": 20.832728, "relative_strength": -23.312691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.095916, "energy": 69.508561, "activity_lines": [ 21.303333, 21.854, 23.286, 24.559442 ] }, { "date": "2026-03-27", "close": 19.91, "volume": 21820981, "typical_volume": 25679755.65, "trend": 25.789295, "fair_value": 20.845931, "relative_strength": -22.248379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.660069, "energy": 79.969589, "activity_lines": [ 20.728, 21.421818, 22.822571, 24.163931 ] }, { "date": "2026-04-03", "close": 21.14, "volume": 20906071, "typical_volume": 25428328.8, "trend": 25.577508, "fair_value": 20.870148, "relative_strength": -19.748876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.922688, "energy": 63.030779, "activity_lines": [ 20.697333, 21.288545, 22.513429, 23.863976 ] }, { "date": "2026-04-10", "close": 21.05, "volume": 18890075, "typical_volume": 25302361.0, "trend": 25.308205, "fair_value": 20.890393, "relative_strength": -22.410606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.098879, "energy": 59.599775, "activity_lines": [ 20.764667, 21.174364, 22.238476, 23.571879 ] }, { "date": "2026-04-17", "close": 21.7, "volume": 22649005, "typical_volume": 25930648.6, "trend": 25.055583, "fair_value": 20.913302, "relative_strength": -22.896623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.547906, "energy": 49.513887, "activity_lines": [ 21.077333, 21.197455, 22.061048, 23.339091 ] }, { "date": "2026-04-24", "close": 20.28, "volume": 23822128, "typical_volume": 26218567.4, "trend": 24.741667, "fair_value": 20.930113, "relative_strength": -27.717635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.309325, "energy": 47.712656, "activity_lines": [ 20.902667, 20.972545, 21.78481, 23.030989 ] }, { "date": "2026-05-01", "close": 19.78, "volume": 33098806, "typical_volume": 26838995.5, "trend": 24.435667, "fair_value": 20.93843, "relative_strength": -29.548277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.962105, "energy": 51.582356, "activity_lines": [ 20.557333, 20.709636, 21.497857, 22.710882 ] }, { "date": "2026-05-08", "close": 20.15, "volume": 48111388, "typical_volume": 28086339.8, "trend": 24.165667, "fair_value": 20.948083, "relative_strength": -29.294204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.429716, "energy": 49.653705, "activity_lines": [ 20.344, 20.553091, 21.279429, 22.434387 ] }, { "date": "2026-05-15", "close": 22.31, "volume": 58028706, "typical_volume": 30182631.95, "trend": 23.946, "fair_value": 20.96738, "relative_strength": -21.420882, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.430635, "energy": 35.337269, "activity_lines": [ 20.916667, 20.842182, 21.291714, 22.314667 ] }, { "date": "2026-05-22", "close": 22.14, "volume": 36540677, "typical_volume": 31493216.4, "trend": 23.729, "fair_value": 20.988149, "relative_strength": -22.120209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.947214, "energy": 24.105219, "activity_lines": [ 21.348667, 21.085273, 21.304524, 22.198151 ] }, { "date": "2026-05-29", "close": 21.57, "volume": 24840272, "typical_volume": 31499362.85, "trend": 23.518333, "fair_value": 21.002702, "relative_strength": -24.579764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.925376, "energy": 20.272735, "activity_lines": [ 21.561333, 21.212909, 21.280857, 22.05886 ] }, { "date": "2026-06-05", "close": 21.89, "volume": 28934654, "typical_volume": 31527375.5, "trend": 23.324333, "fair_value": 21.018763, "relative_strength": -20.884577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.613061, "energy": 19.766724, "activity_lines": [ 21.794667, 21.374182, 21.30419, 21.953806 ] }, { "date": "2026-06-12", "close": 20.53, "volume": 30835087, "typical_volume": 31524164.35, "trend": 23.004667, "fair_value": 21.027204, "relative_strength": -25.604817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.92701, "energy": 16.704114, "activity_lines": [ 21.434, 21.252182, 21.208286, 21.773527 ] }, { "date": "2026-06-19", "close": 20.33, "volume": 20166176, "typical_volume": 30550304.35, "trend": 22.731333, "fair_value": 21.04248, "relative_strength": -26.447966, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.116474, "energy": 30.472812, "activity_lines": [ 20.981333, 21.104909, 21.105524, 21.600968 ] }, { "date": "2026-06-26", "close": 19.71, "volume": 32734256, "typical_volume": 29609559.2, "trend": 22.41, "fair_value": 21.05517, "relative_strength": -26.33917, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.465861, "energy": 46.880332, "activity_lines": [ 20.454, 20.858, 20.952143, 21.406043 ] }, { "date": "2026-07-03", "close": 20.79, "volume": 21488503, "typical_volume": 29072874.95, "trend": 22.168667, "fair_value": 21.073521, "relative_strength": -23.415386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.250866, "energy": 46.894085, "activity_lines": [ 20.448667, 20.843636, 20.913762, 21.301527 ] }, { "date": "2026-07-10", "close": 20.85, "volume": 23098949, "typical_volume": 29244228.65, "trend": 21.971333, "fair_value": 21.090553, "relative_strength": -23.751089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.937045, "energy": 40.841213, "activity_lines": [ 20.515333, 20.830909, 20.892524, 21.216452 ] }, { "date": "2026-07-17", "close": 21.12, "volume": 20247799, "typical_volume": 28834089.7, "trend": 21.828667, "fair_value": 21.108052, "relative_strength": -21.132724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.787445, "energy": 26.351463, "activity_lines": [ 20.741333, 20.847818, 20.902143, 21.161527 ] }, { "date": "2026-07-24", "close": 20.98, "volume": 19164572, "typical_volume": 27917249.8, "trend": 21.667333, "fair_value": 21.124554, "relative_strength": -20.728579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.937709, "energy": 13.668115, "activity_lines": [ 20.881333, 20.821636, 20.907667, 21.106774 ] }, { "date": "2026-07-31", "close": 23.26, "volume": 43707365, "typical_volume": 28694756.1, "trend": 21.58, "fair_value": 21.159811, "relative_strength": -12.673578, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.781533, "energy": 24.593969, "activity_lines": [ 21.738, 21.234182, 21.132714, 21.209527 ] }, { "date": "2026-08-07", "close": 23.46, "volume": 26950204, "typical_volume": 28801783.7, "trend": 21.527333, "fair_value": 21.202169, "relative_strength": -14.327164, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.225902, "energy": 49.170919, "activity_lines": [ 22.424667, 21.662727, 21.368381, 21.330817 ] } ], "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." } } }