{ "ticker": { "uuid": "ba040624-7e1b-4d36-b3f6-b5d961396e9b", "symbol": "2462", "name": "Taiwan Line Tek Electronic Co., Ltd.", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 70.668, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.169, "architecture_energy": 70.423, "architecture_maturity": 14.469, "architecture_confidence": 79.939, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 17.38, "rotation_up": 8.63, "upward_expansion": 15.4, "deceleration": 37.18, "rotation_down": 75.39, "downward_expansion": 91.07 }, "activity_lines": [ 19.813333, 21.006175, 21.709356, 21.990514 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 19.65, "trend_reference": 22.608776, "distance_from_trend": -0.130868, "trend_direction": "Weakening", "fair_value": 27.332943, "distance_from_fair_value": -0.281087, "fair_value_direction": "Improving", "relative_strength": -39.538226, "relative_strength_direction": "Improving", "price_momentum": -0.200816, "excess_performance": -0.642188, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.130868, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.003462, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.281087, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.00351, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.395382, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.018634, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.200816, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.18563, "read": "Demand-led" } ], "volume": { "latest": 873746, "relative_activity": 0.338951, "balance": 1.18563, "dry_up": 0.428715, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.103416, "annualized_volatility": 0.409811, "from_high_reference": -0.318908, "from_low_reference": 0.034211 }, "levels": { "trend_reference": 22.608776, "fair_value_reference": 27.332943, "structural_low": 19.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": -0.008802, "positive_rate": 0.464286, "directional_follow_through": 0.535714, "median_excess_return": -0.013734, "regime_survival": 0.75, "best_return": 0.181598, "worst_return": -0.120482, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.024896, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.080279, "regime_survival": 0.333333, "best_return": 0.113919, "worst_return": -0.180297, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.143153, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.163109, "regime_survival": 0.4, "best_return": 0.424242, "worst_return": -0.316225, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.069354, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.078222, "regime_survival": 0.5, "best_return": 0.500717, "worst_return": -0.397194, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-07-25", "tenure": "Established", "return": -0.02008, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": 0.039841, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-31", "tenure": "Developing", "return": -0.044747, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.082609, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-26", "tenure": "Developing", "return": 0.041284, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": 0.118257, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-03-06", "tenure": "Developing", "return": -0.03272, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": -0.024775, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-06-05", "tenure": "Developing", "return": 0.147126, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": 0.024145, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": -0.031622, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": -0.031785, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": 0.010283, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 32.700089, "volume": 28667456, "typical_volume": 7517353.1, "trend": 28.341565, "fair_value": 25.319097, "relative_strength": 14.314972, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.991347, "energy": 62.81317, "activity_lines": [ 30.296721, 29.455258, 28.929963, 28.739052 ] }, { "date": "2023-08-18", "close": 34.352959, "volume": 17153978, "typical_volume": 8178827.5, "trend": 28.673629, "fair_value": 25.396926, "relative_strength": 21.055326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.274549, "energy": 79.287145, "activity_lines": [ 32.0032, 30.395812, 29.477729, 29.126884 ] }, { "date": "2023-08-25", "close": 34.397633, "volume": 11412201, "typical_volume": 8710678.55, "trend": 28.971444, "fair_value": 25.476942, "relative_strength": 19.966137, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.632407, "energy": 84.114751, "activity_lines": [ 33.221264, 31.238087, 29.995927, 29.496175 ] }, { "date": "2023-09-01", "close": 33.489754, "volume": 8093931, "typical_volume": 8828011.95, "trend": 29.176455, "fair_value": 25.552498, "relative_strength": 15.287822, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.277833, "energy": 78.292575, "activity_lines": [ 33.669131, 31.833258, 30.393838, 29.787679 ] }, { "date": "2023-09-08", "close": 33.304222, "volume": 6546645, "typical_volume": 8813960.5, "trend": 29.403574, "fair_value": 25.624962, "relative_strength": 14.652964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.125581, "energy": 72.665352, "activity_lines": [ 33.671935, 32.335667, 30.75564, 30.053986 ] }, { "date": "2023-09-15", "close": 37.432453, "volume": 38560199, "typical_volume": 10566987.75, "trend": 29.655132, "fair_value": 25.726063, "relative_strength": 25.444594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.121589, "energy": 65.72609, "activity_lines": [ 34.933109, 33.515138, 31.483905, 30.571978 ] }, { "date": "2023-09-22", "close": 36.458374, "volume": 48086571, "typical_volume": 12735758.6, "trend": 29.906979, "fair_value": 25.823094, "relative_strength": 25.618919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.255682, "energy": 53.098822, "activity_lines": [ 35.554099, 34.341303, 32.083251, 31.010897 ] }, { "date": "2023-09-29", "close": 36.087299, "volume": 8181736, "typical_volume": 12959219.45, "trend": 30.101785, "fair_value": 25.918561, "relative_strength": 23.519072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.529151, "energy": 52.434205, "activity_lines": [ 35.911037, 34.924455, 32.612342, 31.409628 ] }, { "date": "2023-10-06", "close": 35.391533, "volume": 7812695, "typical_volume": 13199899.35, "trend": 30.334452, "fair_value": 26.009297, "relative_strength": 19.308407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.448429, "energy": 50.239199, "activity_lines": [ 35.923407, 35.222863, 33.031811, 31.750902 ] }, { "date": "2023-10-13", "close": 34.32468, "volume": 4966145, "typical_volume": 13269042.2, "trend": 30.546447, "fair_value": 26.095639, "relative_strength": 13.448613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.857802, "energy": 41.408629, "activity_lines": [ 35.453375, 35.188206, 33.309204, 32.008336 ] }, { "date": "2023-10-20", "close": 36.040913, "volume": 13826545, "typical_volume": 13878147.6, "trend": 30.776933, "fair_value": 26.194069, "relative_strength": 20.920971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.044047, "energy": 38.296919, "activity_lines": [ 35.48739, 35.414936, 33.717423, 32.362817 ] }, { "date": "2023-10-27", "close": 37.989075, "volume": 29810067, "typical_volume": 15241549.2, "trend": 31.1349, "fair_value": 26.304173, "relative_strength": 28.923911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.379553, "energy": 42.588838, "activity_lines": [ 36.263562, 35.935135, 34.27315, 32.828117 ] }, { "date": "2023-11-03", "close": 35.530682, "volume": 16011993, "typical_volume": 15724808.65, "trend": 31.409431, "fair_value": 26.398518, "relative_strength": 17.260014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.743896, "energy": 35.157688, "activity_lines": [ 36.118223, 35.942242, 34.549562, 33.111716 ] }, { "date": "2023-11-10", "close": 37.38607, "volume": 40319709, "typical_volume": 17570555.75, "trend": 31.668377, "fair_value": 26.505571, "relative_strength": 21.384539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.20635, "energy": 40.256572, "activity_lines": [ 36.628454, 36.266091, 34.975796, 33.497305 ] }, { "date": "2023-11-17", "close": 36.458374, "volume": 29300325, "typical_volume": 18011389.8, "trend": 31.960429, "fair_value": 26.608308, "relative_strength": 14.099385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.88875, "energy": 36.804831, "activity_lines": [ 36.696484, 36.350427, 35.279665, 33.806337 ] }, { "date": "2023-11-24", "close": 37.154148, "volume": 30922708, "typical_volume": 19234941.7, "trend": 32.204199, "fair_value": 26.714146, "relative_strength": 15.045072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.269178, "energy": 34.015313, "activity_lines": [ 36.854192, 36.503918, 35.615522, 34.141416 ] }, { "date": "2023-12-01", "close": 37.107765, "volume": 11656788, "typical_volume": 19587117.2, "trend": 32.470247, "fair_value": 26.810992, "relative_strength": 13.38492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.741941, "energy": 34.712085, "activity_lines": [ 36.922224, 36.654036, 35.902138, 34.457775 ] }, { "date": "2023-12-08", "close": 36.180069, "volume": 13877806, "typical_volume": 19978326.25, "trend": 32.776848, "fair_value": 26.895914, "relative_strength": 10.458712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.43297, "energy": 28.749309, "activity_lines": [ 36.739778, 36.623675, 36.051334, 34.697118 ] }, { "date": "2023-12-15", "close": 36.087299, "volume": 9006539, "typical_volume": 19824443.05, "trend": 33.083335, "fair_value": 26.971002, "relative_strength": 7.949573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.175071, "energy": 23.708797, "activity_lines": [ 36.483116, 36.57476, 36.14981, 34.910696 ] }, { "date": "2023-12-22", "close": 34.974068, "volume": 5495594, "typical_volume": 18985481.55, "trend": 33.333356, "fair_value": 27.032704, "relative_strength": 4.815285, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.887292, "energy": 16.178515, "activity_lines": [ 35.941961, 36.31079, 36.102521, 35.032679 ] }, { "date": "2023-12-29", "close": 35.762604, "volume": 11140083, "typical_volume": 18109112.9, "trend": 33.590304, "fair_value": 27.091037, "relative_strength": 4.990391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.55386, "energy": 15.641288, "activity_lines": [ 35.762606, 36.178382, 36.113972, 35.189404 ] }, { "date": "2024-01-05", "close": 35.298759, "volume": 3264418, "typical_volume": 17414634.9, "trend": 33.816899, "fair_value": 27.133898, "relative_strength": 5.834707, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.303336, "energy": 11.750672, "activity_lines": [ 35.521405, 35.966699, 36.066663, 35.299627 ] }, { "date": "2024-01-12", "close": 33.53614, "volume": 4558087, "typical_volume": 17071929.2, "trend": 33.93858, "fair_value": 27.184209, "relative_strength": 0.387174, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.008584, "energy": 12.628048, "activity_lines": [ 34.813266, 35.483455, 35.846982, 35.281514 ] }, { "date": "2024-01-19", "close": 32.793987, "volume": 3255353, "typical_volume": 16830000.3, "trend": 34.023609, "fair_value": 27.222698, "relative_strength": -2.975697, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.457686, "energy": 25.931878, "activity_lines": [ 34.034003, 34.901538, 35.560722, 35.207669 ] }, { "date": "2024-01-26", "close": 32.84037, "volume": 2538167, "typical_volume": 16629576.4, "trend": 34.142944, "fair_value": 27.276701, "relative_strength": -4.646138, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.312006, "energy": 46.484747, "activity_lines": [ 33.489756, 34.411547, 35.282193, 35.131331 ] }, { "date": "2024-02-02", "close": 32.376526, "volume": 2465187, "typical_volume": 14824825.8, "trend": 34.297445, "fair_value": 27.330447, "relative_strength": -6.368862, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.088294, "energy": 59.056196, "activity_lines": [ 32.933141, 33.903002, 34.961697, 35.017369 ] }, { "date": "2024-02-09", "close": 32.05183, "volume": 504000, "typical_volume": 12445697.25, "trend": 34.472395, "fair_value": 27.391894, "relative_strength": -7.559492, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.584927, "energy": 66.481631, "activity_lines": [ 32.494032, 33.422288, 34.634354, 34.87249 ] }, { "date": "2024-02-16", "close": 33.582523, "volume": 1727712, "typical_volume": 12122996.05, "trend": 34.679009, "fair_value": 27.458263, "relative_strength": -5.686529, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.646696, "energy": 57.710725, "activity_lines": [ 32.781616, 33.311807, 34.473774, 34.815079 ] }, { "date": "2024-02-23", "close": 35.345142, "volume": 6670254, "typical_volume": 12065874.0, "trend": 34.932465, "fair_value": 27.528865, "relative_strength": -2.224792, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -37.37099, "energy": 28.93971, "activity_lines": [ 33.653648, 33.569031, 34.492991, 34.858055 ] }, { "date": "2024-03-01", "close": 36.875839, "volume": 11877335, "typical_volume": 12411433.5, "trend": 35.110373, "fair_value": 27.609279, "relative_strength": 1.747774, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -6.033473, "energy": 14.852957, "activity_lines": [ 34.865835, 34.118057, 34.658208, 34.983434 ] }, { "date": "2024-03-08", "close": 34.881298, "volume": 12639469, "typical_volume": 12352079.7, "trend": 35.18308, "fair_value": 27.675278, "relative_strength": -7.82539, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.219759, "energy": 25.877782, "activity_lines": [ 35.144143, 34.269862, 34.621322, 34.968655 ] }, { "date": "2024-03-15", "close": 33.860832, "volume": 4981367, "typical_volume": 11110644.7, "trend": 35.166675, "fair_value": 27.735279, "relative_strength": -9.973714, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.493378, "energy": 25.77929, "activity_lines": [ 34.915312, 34.252151, 34.49277, 34.883349 ] }, { "date": "2024-03-22", "close": 34.185528, "volume": 1857384, "typical_volume": 10402914.25, "trend": 35.159605, "fair_value": 27.801436, "relative_strength": -11.438458, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.748764, "energy": 19.169712, "activity_lines": [ 34.674112, 34.31962, 34.414799, 34.820049 ] }, { "date": "2024-03-29", "close": 32.608448, "volume": 3288961, "typical_volume": 8551376.85, "trend": 35.130228, "fair_value": 27.853409, "relative_strength": -15.704982, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.190967, "energy": 33.943578, "activity_lines": [ 33.867019, 34.08854, 34.193036, 34.655458 ] }, { "date": "2024-04-05", "close": 32.422909, "volume": 1237605, "typical_volume": 7148240.85, "trend": 35.100851, "fair_value": 27.897671, "relative_strength": -16.253198, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.139456, "energy": 55.691699, "activity_lines": [ 33.180526, 33.8271, 33.976354, 34.480793 ] }, { "date": "2024-04-12", "close": 32.84037, "volume": 1970446, "typical_volume": 5700627.75, "trend": 34.947782, "fair_value": 27.942163, "relative_strength": -16.574667, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.835486, "energy": 61.148915, "activity_lines": [ 32.930048, 33.649151, 33.818646, 34.334955 ] }, { "date": "2024-04-19", "close": 30.799442, "volume": 2864114, "typical_volume": 5260994.05, "trend": 34.759151, "fair_value": 27.954552, "relative_strength": -16.746453, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.581468, "energy": 76.769749, "activity_lines": [ 32.135323, 33.091691, 33.487105, 34.06732 ] }, { "date": "2024-04-26", "close": 30.289213, "volume": 1922530, "typical_volume": 4663230.25, "trend": 34.565881, "fair_value": 27.969919, "relative_strength": -20.20815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.393192, "energy": 79.513639, "activity_lines": [ 31.374614, 32.464233, 33.137011, 33.778937 ] }, { "date": "2024-05-03", "close": 30.150057, "volume": 1435265, "typical_volume": 4284666.55, "trend": 34.391165, "fair_value": 27.991188, "relative_strength": -21.087991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.053744, "energy": 80.566833, "activity_lines": [ 30.827274, 31.871352, 32.801716, 33.494045 ] }, { "date": "2024-05-10", "close": 31.309675, "volume": 1787116, "typical_volume": 4099242.65, "trend": 34.290665, "fair_value": 28.01989, "relative_strength": -19.362114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.542592, "energy": 71.825009, "activity_lines": [ 30.830366, 31.583767, 32.605134, 33.29524 ] }, { "date": "2024-05-17", "close": 31.031368, "volume": 1781931, "typical_volume": 3631335.05, "trend": 34.12368, "fair_value": 28.045993, "relative_strength": -21.982865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.241636, "energy": 60.443129, "activity_lines": [ 30.814905, 31.346783, 32.399495, 33.084962 ] }, { "date": "2024-05-24", "close": 31.77352, "volume": 1889816, "typical_volume": 3562604.95, "trend": 33.916495, "fair_value": 28.102396, "relative_strength": -21.098661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.827654, "energy": 43.650212, "activity_lines": [ 31.167428, 31.314735, 32.287067, 32.933339 ] }, { "date": "2024-05-31", "close": 32.701214, "volume": 2627826, "typical_volume": 3466091.9, "trend": 33.82218, "fair_value": 28.143551, "relative_strength": -17.180016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.447389, "energy": 25.140745, "activity_lines": [ 31.764244, 31.48931, 32.279778, 32.854934 ] }, { "date": "2024-06-07", "close": 33.211449, "volume": 2643590, "typical_volume": 3435503.75, "trend": 33.683026, "fair_value": 28.17439, "relative_strength": -18.378708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.469074, "energy": 20.718328, "activity_lines": [ 32.370338, 31.783642, 32.325058, 32.815532 ] }, { "date": "2024-06-14", "close": 32.701214, "volume": 1174273, "typical_volume": 3367309.05, "trend": 33.557787, "fair_value": 28.212012, "relative_strength": -21.71802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.755395, "energy": 25.246187, "activity_lines": [ 32.602261, 31.974241, 32.319757, 32.752189 ] }, { "date": "2024-06-21", "close": 32.93314, "volume": 2372605, "typical_volume": 3362679.95, "trend": 33.417087, "fair_value": 28.253567, "relative_strength": -23.429932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.04153, "energy": 23.054749, "activity_lines": [ 32.818723, 32.201948, 32.337206, 32.711889 ] }, { "date": "2024-06-28", "close": 32.515675, "volume": 1474577, "typical_volume": 3411208.8, "trend": 33.264017, "fair_value": 28.292174, "relative_strength": -23.421465, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.151401, "energy": 17.031481, "activity_lines": [ 32.769246, 32.352065, 32.312247, 32.653734 ] }, { "date": "2024-07-05", "close": 33.768066, "volume": 1932147, "typical_volume": 3421430.55, "trend": 33.183617, "fair_value": 28.33582, "relative_strength": -22.054094, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.246638, "energy": 17.274089, "activity_lines": [ 33.087755, 32.698686, 32.404354, 32.686253 ] }, { "date": "2024-07-12", "close": 33.257832, "volume": 2418425, "typical_volume": 3208839.1, "trend": 33.089301, "fair_value": 28.376738, "relative_strength": -24.261567, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.459087, "energy": 19.947391, "activity_lines": [ 33.165063, 32.889285, 32.446983, 32.691041 ] }, { "date": "2024-07-19", "close": 31.923449, "volume": 3595800, "typical_volume": 2794762.35, "trend": 32.987614, "fair_value": 28.412092, "relative_strength": -23.800694, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.263629, "energy": 12.373343, "activity_lines": [ 32.794484, 32.780763, 32.372469, 32.615825 ] }, { "date": "2024-07-26", "close": 30.916853, "volume": 1435675, "typical_volume": 2234572.65, "trend": 32.826089, "fair_value": 28.445613, "relative_strength": -23.535245, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.479604, "energy": 24.029639, "activity_lines": [ 32.140224, 32.478065, 32.22567, 32.482227 ] }, { "date": "2024-08-02", "close": 30.868921, "volume": 1555601, "typical_volume": 2063284.35, "trend": 32.678428, "fair_value": 28.470946, "relative_strength": -21.588467, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.912552, "energy": 36.837429, "activity_lines": [ 31.604406, 32.168734, 32.093185, 32.355958 ] }, { "date": "2024-08-09", "close": 29.766457, "volume": 2912343, "typical_volume": 2116032.3, "trend": 32.552772, "fair_value": 28.503614, "relative_strength": -23.320648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.727039, "energy": 58.678196, "activity_lines": [ 30.810884, 31.675403, 31.869951, 32.168089 ] }, { "date": "2024-08-16", "close": 29.862324, "volume": 1020863, "typical_volume": 2002627.4, "trend": 32.455049, "fair_value": 28.533823, "relative_strength": -25.500877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.404163, "energy": 68.979764, "activity_lines": [ 30.316091, 31.252861, 31.67689, 31.994512 ] }, { "date": "2024-08-23", "close": 31.348251, "volume": 3395935, "typical_volume": 2110543.9, "trend": 32.405312, "fair_value": 28.580821, "relative_strength": -20.546008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.336846, "energy": 58.706393, "activity_lines": [ 30.542974, 31.16138, 31.638423, 31.923106 ] }, { "date": "2024-08-30", "close": 31.875515, "volume": 1257400, "typical_volume": 2074891.6, "trend": 32.388612, "fair_value": 28.6312, "relative_strength": -19.101607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.06473, "energy": 33.746813, "activity_lines": [ 30.983959, 31.190365, 31.655289, 31.888925 ] }, { "date": "2024-09-06", "close": 29.526793, "volume": 1004317, "typical_volume": 1981901.75, "trend": 32.304444, "fair_value": 28.663449, "relative_strength": -21.612559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.53131, "energy": 36.045332, "activity_lines": [ 30.578126, 30.81154, 31.453061, 31.704292 ] }, { "date": "2024-09-13", "close": 29.287127, "volume": 1111437, "typical_volume": 1941347.1, "trend": 32.161264, "fair_value": 28.696676, "relative_strength": -22.675148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.643938, "energy": 36.229733, "activity_lines": [ 30.181879, 30.443482, 31.234069, 31.509626 ] }, { "date": "2024-09-20", "close": 30.341656, "volume": 896138, "typical_volume": 1914390.75, "trend": 31.994481, "fair_value": 28.743648, "relative_strength": -20.580351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.511738, "energy": 32.794065, "activity_lines": [ 30.169097, 30.348628, 31.120279, 31.392232 ] }, { "date": "2024-09-27", "close": 30.53339, "volume": 813521, "typical_volume": 1865711.0, "trend": 31.783066, "fair_value": 28.783468, "relative_strength": -21.642113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.789253, "energy": 37.583475, "activity_lines": [ 30.18827, 30.341656, 31.023838, 31.297968 ] }, { "date": "2024-10-04", "close": 30.10199, "volume": 367753, "typical_volume": 1795002.1, "trend": 31.623756, "fair_value": 28.827786, "relative_strength": -20.235737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.894172, "energy": 31.923259, "activity_lines": [ 30.117968, 30.281522, 30.890007, 31.189512 ] }, { "date": "2024-10-11", "close": 28.951595, "volume": 620418, "typical_volume": 1731532.2, "trend": 31.460115, "fair_value": 28.865289, "relative_strength": -24.621211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.30414, "energy": 36.5354, "activity_lines": [ 29.782436, 30.02704, 30.651041, 31.017114 ] }, { "date": "2024-10-18", "close": 29.62266, "volume": 1000767, "typical_volume": 1650179.25, "trend": 31.308019, "fair_value": 28.910725, "relative_strength": -23.985615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.048334, "energy": 36.921217, "activity_lines": [ 29.708939, 29.929431, 30.489423, 30.898569 ] }, { "date": "2024-10-25", "close": 30.437523, "volume": 4082501, "typical_volume": 1722124.8, "trend": 31.235655, "fair_value": 28.967812, "relative_strength": -20.46142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.194931, "energy": 29.74057, "activity_lines": [ 29.884694, 29.982594, 30.420071, 30.842408 ] }, { "date": "2024-11-01", "close": 28.711931, "volume": 1449046, "typical_volume": 1735863.45, "trend": 31.111956, "fair_value": 29.00769, "relative_strength": -22.285335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.081178, "energy": 42.060691, "activity_lines": [ 29.47886, 29.711554, 30.199587, 30.679587 ] }, { "date": "2024-11-08", "close": 28.56813, "volume": 1125678, "typical_volume": 1673517.1, "trend": 30.969548, "fair_value": 29.017868, "relative_strength": -24.291958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.709364, "energy": 54.526023, "activity_lines": [ 29.146524, 29.462301, 29.984403, 30.515469 ] }, { "date": "2024-11-15", "close": 25.692144, "volume": 3244336, "typical_volume": 1762005.05, "trend": 30.799304, "fair_value": 29.012683, "relative_strength": -28.638175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.510862, "energy": 78.716458, "activity_lines": [ 27.957783, 28.750277, 29.516102, 30.174991 ] }, { "date": "2024-11-22", "close": 27.17807, "volume": 1877780, "typical_volume": 1759286.7, "trend": 30.6956, "fair_value": 29.01423, "relative_strength": -24.156452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.606515, "energy": 78.538093, "activity_lines": [ 27.481647, 28.378141, 29.22181, 29.941363 ] }, { "date": "2024-11-29", "close": 26.123543, "volume": 951419, "typical_volume": 1685936.4, "trend": 30.561383, "fair_value": 29.021031, "relative_strength": -24.107108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.933437, "energy": 83.399637, "activity_lines": [ 26.816975, 27.85262, 28.858469, 29.646392 ] }, { "date": "2024-12-06", "close": 26.986338, "volume": 979075, "typical_volume": 1555100.15, "trend": 30.417271, "fair_value": 29.033362, "relative_strength": -23.877956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.237311, "energy": 80.251876, "activity_lines": [ 26.727499, 27.560664, 28.611271, 29.415744 ] }, { "date": "2024-12-13", "close": 24.973148, "volume": 1153097, "typical_volume": 1540971.25, "trend": 30.215331, "fair_value": 29.036701, "relative_strength": -28.162989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.304379, "energy": 81.965957, "activity_lines": [ 26.082, 26.967165, 28.19585, 29.06451 ] }, { "date": "2024-12-20", "close": 25.164881, "volume": 1622160, "typical_volume": 1544299.2, "trend": 29.995043, "fair_value": 29.034283, "relative_strength": -25.141658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.634511, "energy": 76.62454, "activity_lines": [ 25.740078, 26.501778, 27.826994, 28.738675 ] }, { "date": "2024-12-27", "close": 25.069014, "volume": 849303, "typical_volume": 1441147.2, "trend": 29.740636, "fair_value": 29.038236, "relative_strength": -27.016984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.679856, "energy": 68.012673, "activity_lines": [ 25.40135, 26.087811, 27.476169, 28.420866 ] }, { "date": "2025-01-03", "close": 24.493816, "volume": 621569, "typical_volume": 1421182.5, "trend": 29.450048, "fair_value": 29.032075, "relative_strength": -26.644012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.897803, "energy": 69.487022, "activity_lines": [ 25.011494, 25.652055, 27.092932, 28.082362 ] }, { "date": "2025-01-10", "close": 24.206217, "volume": 1129899, "typical_volume": 1307880.7, "trend": 29.166882, "fair_value": 29.027145, "relative_strength": -27.000346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.488254, "energy": 67.623143, "activity_lines": [ 24.63442, 25.272076, 26.70787, 27.74405 ] }, { "date": "2025-01-17", "close": 24.25415, "volume": 731416, "typical_volume": 1281581.5, "trend": 28.877582, "fair_value": 29.026712, "relative_strength": -26.494652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.916649, "energy": 61.00383, "activity_lines": [ 24.458665, 24.982734, 26.361382, 27.4271 ] }, { "date": "2025-01-24", "close": 24.73348, "volume": 335011, "typical_volume": 1248116.2, "trend": 28.618175, "fair_value": 29.032706, "relative_strength": -25.466352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.996717, "energy": 58.107123, "activity_lines": [ 24.49062, 24.858979, 26.096836, 27.159738 ] }, { "date": "2025-02-07", "close": 25.260748, "volume": 868380, "typical_volume": 1235963.35, "trend": 28.334598, "fair_value": 29.034814, "relative_strength": -22.97185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.590116, "energy": 51.261863, "activity_lines": [ 24.727091, 24.848521, 25.905332, 26.94313 ] }, { "date": "2025-02-14", "close": 25.788012, "volume": 1027526, "typical_volume": 1242532.75, "trend": 28.085604, "fair_value": 29.043655, "relative_strength": -19.529664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.686804, "energy": 36.676029, "activity_lines": [ 25.126534, 24.96879, 25.783217, 26.778834 ] }, { "date": "2025-02-21", "close": 26.075609, "volume": 891888, "typical_volume": 1246451.1, "trend": 27.890676, "fair_value": 29.009635, "relative_strength": -19.826498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.25616, "energy": 26.254658, "activity_lines": [ 25.535563, 25.14745, 25.710176, 26.649157 ] }, { "date": "2025-02-28", "close": 26.075609, "volume": 562220, "typical_volume": 1256174.45, "trend": 27.729301, "fair_value": 28.974777, "relative_strength": -16.605828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.464991, "energy": 26.347826, "activity_lines": [ 25.819966, 25.342668, 25.658363, 26.532056 ] }, { "date": "2025-03-07", "close": 25.500412, "volume": 655322, "typical_volume": 1257919.65, "trend": 27.550351, "fair_value": 28.948805, "relative_strength": -15.744846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.577165, "energy": 24.266225, "activity_lines": [ 25.791206, 25.413261, 25.570942, 26.388257 ] }, { "date": "2025-03-14", "close": 25.404547, "volume": 610390, "typical_volume": 1238400.8, "trend": 27.404954, "fair_value": 28.925572, "relative_strength": -12.981246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.868882, "energy": 20.193003, "activity_lines": [ 25.679363, 25.460323, 25.490825, 26.249818 ] }, { "date": "2025-03-21", "close": 25.692144, "volume": 653671, "typical_volume": 1066959.3, "trend": 27.265948, "fair_value": 28.911167, "relative_strength": -12.235612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.037631, "energy": 16.934651, "activity_lines": [ 25.653798, 25.553574, 25.458185, 26.139314 ] }, { "date": "2025-03-28", "close": 25.356613, "volume": 961510, "typical_volume": 1042582.5, "trend": 27.066227, "fair_value": 28.863597, "relative_strength": -10.2754, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.644089, "energy": 25.406323, "activity_lines": [ 25.522781, 25.564032, 25.416187, 26.016131 ] }, { "date": "2025-04-04", "close": 23.870686, "volume": 1338483, "typical_volume": 1053222.75, "trend": 26.799399, "fair_value": 28.824104, "relative_strength": -13.708596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.774967, "energy": 41.867718, "activity_lines": [ 24.944388, 25.283406, 25.248649, 25.809967 ] }, { "date": "2025-04-11", "close": 18.693911, "volume": 2631075, "typical_volume": 1022559.7, "trend": 26.438303, "fair_value": 28.758971, "relative_strength": -25.597651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.954652, "energy": 87.796614, "activity_lines": [ 22.787398, 24.06852, 24.610454, 25.287032 ] }, { "date": "2025-04-18", "close": 19.796373, "volume": 1525222, "typical_volume": 1004931.8, "trend": 26.121945, "fair_value": 28.699508, "relative_strength": -19.993236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.389496, "energy": 94.114771, "activity_lines": [ 21.451662, 23.163891, 24.11058, 24.858521 ] }, { "date": "2025-04-25", "close": 20.131905, "volume": 1123911, "typical_volume": 1013556.4, "trend": 25.78162, "fair_value": 28.658122, "relative_strength": -19.911832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.972075, "energy": 90.574642, "activity_lines": [ 20.601649, 22.419621, 23.677813, 24.472067 ] }, { "date": "2025-05-02", "close": 20.994699, "volume": 932063, "typical_volume": 1011205.8, "trend": 25.463663, "fair_value": 28.628135, "relative_strength": -19.549446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.908012, "energy": 88.033515, "activity_lines": [ 20.409916, 21.93506, 23.355748, 24.163233 ] }, { "date": "2025-05-09", "close": 20.994699, "volume": 841039, "typical_volume": 995602.9, "trend": 25.160087, "fair_value": 28.608485, "relative_strength": -19.448181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.629487, "energy": 78.830001, "activity_lines": [ 20.508978, 21.54288, 23.062215, 23.874913 ] }, { "date": "2025-05-16", "close": 21.1385, "volume": 1085817, "typical_volume": 968785.75, "trend": 24.89965, "fair_value": 28.591713, "relative_strength": -21.686782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.241219, "energy": 56.162502, "activity_lines": [ 20.847705, 21.269226, 22.801322, 23.615455 ] }, { "date": "2025-05-23", "close": 21.474031, "volume": 756610, "typical_volume": 964151.1, "trend": 24.628029, "fair_value": 28.583517, "relative_strength": -19.1515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.472078, "energy": 45.393397, "activity_lines": [ 21.135304, 21.135885, 22.591557, 23.394448 ] }, { "date": "2025-05-30", "close": 20.419502, "volume": 428045, "typical_volume": 954474.9, "trend": 24.294095, "fair_value": 28.559063, "relative_strength": -21.386624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.168883, "energy": 42.155443, "activity_lines": [ 20.959549, 20.882275, 22.29848, 23.12293 ] }, { "date": "2025-06-06", "close": 19.604641, "volume": 591798, "typical_volume": 927569.85, "trend": 23.990519, "fair_value": 28.529944, "relative_strength": -24.856402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.686776, "energy": 49.795916, "activity_lines": [ 20.493, 20.576375, 21.947199, 22.820384 ] }, { "date": "2025-06-13", "close": 19.74844, "volume": 1318446, "typical_volume": 956921.35, "trend": 23.696529, "fair_value": 28.493643, "relative_strength": -24.97074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.571962, "energy": 50.470898, "activity_lines": [ 20.167055, 20.401201, 21.631526, 22.546702 ] }, { "date": "2025-06-20", "close": 19.077375, "volume": 555012, "typical_volume": 967921.4, "trend": 23.476037, "fair_value": 28.457232, "relative_strength": -26.736413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.687059, "energy": 58.302689, "activity_lines": [ 19.700506, 20.178966, 21.273397, 22.248692 ] }, { "date": "2025-06-27", "close": 19.796373, "volume": 577166, "typical_volume": 953360.7, "trend": 23.229981, "fair_value": 28.436048, "relative_strength": -25.116456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.260602, "energy": 52.198185, "activity_lines": [ 19.611031, 20.080485, 21.010678, 22.011294 ] }, { "date": "2025-07-04", "close": 22.672359, "volume": 13318161, "typical_volume": 1567892.45, "trend": 23.114941, "fair_value": 28.436093, "relative_strength": -13.536666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.641711, "energy": 25.590709, "activity_lines": [ 20.592062, 20.504911, 21.047883, 21.975319 ] }, { "date": "2025-07-11", "close": 23.295488, "volume": 7130525, "typical_volume": 1879824.3, "trend": 22.991913, "fair_value": 28.450471, "relative_strength": -11.354713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.625159, "energy": 14.27127, "activity_lines": [ 21.630612, 20.996443, 21.15927, 21.986967 ] }, { "date": "2025-07-18", "close": 22.049227, "volume": 11470201, "typical_volume": 2425223.35, "trend": 22.894449, "fair_value": 28.450154, "relative_strength": -17.752239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.387452, "energy": 20.141853, "activity_lines": [ 22.007686, 21.21955, 21.165205, 21.926148 ] }, { "date": "2025-07-25", "close": 23.391354, "volume": 3737405, "typical_volume": 2579327.5, "trend": 22.835331, "fair_value": 28.449759, "relative_strength": -12.093757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.667051, "energy": 29.349148, "activity_lines": [ 22.678749, 21.667506, 21.318134, 21.958207 ] }, { "date": "2025-08-01", "close": 24.88501, "volume": 6630270, "typical_volume": 2880321.5, "trend": 22.829198, "fair_value": 28.451494, "relative_strength": -6.228089, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.575489, "energy": 57.620331, "activity_lines": [ 23.560099, 22.346075, 21.623359, 22.090444 ] }, { "date": "2025-08-08", "close": 24.191006, "volume": 3623646, "typical_volume": 3028820.25, "trend": 22.819104, "fair_value": 28.45193, "relative_strength": -10.432227, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.720348, "energy": 55.862864, "activity_lines": [ 23.870872, 22.836444, 21.864963, 22.178303 ] }, { "date": "2025-08-15", "close": 23.546574, "volume": 6526026, "typical_volume": 3307046.05, "trend": 22.797116, "fair_value": 28.452244, "relative_strength": -13.319419, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.51728, "energy": 50.964863, "activity_lines": [ 23.865591, 23.141071, 22.052341, 22.225236 ] }, { "date": "2025-08-22", "close": 23.943148, "volume": 2213911, "typical_volume": 3350817.45, "trend": 22.786749, "fair_value": 28.447368, "relative_strength": -9.231523, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.317835, "energy": 34.503651, "activity_lines": [ 23.975762, 23.44613, 22.286107, 22.299174 ] }, { "date": "2025-08-29", "close": 23.943148, "volume": 1033263, "typical_volume": 3270926.85, "trend": 22.760405, "fair_value": 28.43247, "relative_strength": -10.323859, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.036205, "energy": 29.308441, "activity_lines": [ 23.959672, 23.674923, 22.519527, 22.37378 ] }, { "date": "2025-09-05", "close": 24.339722, "volume": 1634363, "typical_volume": 3276383.9, "trend": 22.729704, "fair_value": 28.419541, "relative_strength": -9.117267, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.738004, "energy": 27.992455, "activity_lines": [ 24.038987, 23.88735, 22.765721, 22.475672 ] }, { "date": "2025-09-12", "close": 22.505568, "volume": 1965444, "typical_volume": 3318460.55, "trend": 22.620289, "fair_value": 28.410032, "relative_strength": -18.490547, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.28588, "energy": 15.352582, "activity_lines": [ 23.543269, 23.683689, 22.815597, 22.461211 ] }, { "date": "2025-09-19", "close": 25.876446, "volume": 4485143, "typical_volume": 3496114.55, "trend": 22.61365, "fair_value": 28.42299, "relative_strength": -6.105236, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.367468, "energy": 38.726206, "activity_lines": [ 24.283541, 24.095948, 23.175207, 22.671286 ] }, { "date": "2025-09-26", "close": 25.479872, "volume": 1978316, "typical_volume": 3552978.4, "trend": 22.593792, "fair_value": 28.437415, "relative_strength": -6.931395, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.273137, "energy": 41.693392, "activity_lines": [ 24.736296, 24.389175, 23.473802, 22.856203 ] }, { "date": "2025-10-03", "close": 24.538008, "volume": 848196, "typical_volume": 3541097.35, "trend": 22.561712, "fair_value": 28.445802, "relative_strength": -13.673316, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.014725, "energy": 43.293712, "activity_lines": [ 24.772648, 24.44878, 23.661337, 22.981637 ] }, { "date": "2025-10-10", "close": 23.69529, "volume": 847224, "typical_volume": 3545628.05, "trend": 22.504737, "fair_value": 28.453942, "relative_strength": -17.570443, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.05378, "energy": 46.755864, "activity_lines": [ 24.488437, 24.334314, 23.752425, 23.054771 ] }, { "date": "2025-10-17", "close": 23.645718, "volume": 1647265, "typical_volume": 3606589.05, "trend": 22.436523, "fair_value": 28.458901, "relative_strength": -17.141765, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.440484, "energy": 24.787813, "activity_lines": [ 24.230664, 24.232467, 23.828215, 23.128382 ] }, { "date": "2025-10-24", "close": 23.199572, "volume": 534909, "typical_volume": 3603744.6, "trend": 22.364621, "fair_value": 28.467299, "relative_strength": -18.758257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.501695, "energy": 19.044369, "activity_lines": [ 23.748166, 24.059416, 23.846151, 23.177611 ] }, { "date": "2025-10-31", "close": 24.339722, "volume": 1798712, "typical_volume": 3627757.9, "trend": 22.380256, "fair_value": 28.487015, "relative_strength": -16.196086, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.356767, "energy": 19.880974, "activity_lines": [ 23.824176, 24.099975, 23.955555, 23.305037 ] }, { "date": "2025-11-07", "close": 22.802998, "volume": 1441348, "typical_volume": 3672074.7, "trend": 22.517226, "fair_value": 28.496308, "relative_strength": -19.176452, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.374511, "energy": 10.982967, "activity_lines": [ 23.463955, 23.853919, 23.89674, 23.332311 ] }, { "date": "2025-11-14", "close": 21.71242, "volume": 1612057, "typical_volume": 3723819.25, "trend": 22.581094, "fair_value": 28.494601, "relative_strength": -21.708373, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.370548, "energy": 16.849093, "activity_lines": [ 22.855875, 23.430306, 23.71632, 23.280388 ] }, { "date": "2025-11-21", "close": 20.919271, "volume": 816620, "typical_volume": 3098742.2, "trend": 22.607339, "fair_value": 28.487809, "relative_strength": -21.315931, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.675137, "energy": 44.460238, "activity_lines": [ 22.115603, 22.910253, 23.451238, 23.173174 ] }, { "date": "2025-11-28", "close": 21.613276, "volume": 417041, "typical_volume": 2763068.0, "trend": 22.627959, "fair_value": 28.481457, "relative_strength": -21.605847, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.16553, "energy": 47.734669, "activity_lines": [ 21.788429, 22.545225, 23.2606, 23.109041 ] }, { "date": "2025-12-05", "close": 21.861134, "volume": 534806, "typical_volume": 2216298.25, "trend": 22.65684, "fair_value": 28.462376, "relative_strength": -21.115064, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.517837, "energy": 50.572944, "activity_lines": [ 21.649628, 22.302774, 23.101578, 23.059568 ] }, { "date": "2025-12-12", "close": 22.208138, "volume": 1042501, "typical_volume": 2081553.05, "trend": 22.692494, "fair_value": 28.442083, "relative_strength": -19.895214, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.236103, "energy": 44.167847, "activity_lines": [ 21.791734, 22.18921, 22.976499, 23.030619 ] }, { "date": "2025-12-19", "close": 22.356852, "volume": 489719, "typical_volume": 1774525.5, "trend": 22.721922, "fair_value": 28.428757, "relative_strength": -17.449887, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.278751, "energy": 25.616342, "activity_lines": [ 22.023069, 22.145046, 22.871218, 23.008965 ] }, { "date": "2025-12-26", "close": 22.505568, "volume": 486348, "typical_volume": 1617660.6, "trend": 22.791457, "fair_value": 28.410944, "relative_strength": -18.876262, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.052355, "energy": 13.990292, "activity_lines": [ 22.261014, 22.152256, 22.792139, 22.995007 ] }, { "date": "2026-01-02", "close": 23.893576, "volume": 2754961, "typical_volume": 1429107.35, "trend": 22.934422, "fair_value": 28.398019, "relative_strength": -15.763961, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.373735, "energy": 15.631123, "activity_lines": [ 22.855875, 22.432562, 22.853278, 23.066111 ] }, { "date": "2026-01-09", "close": 23.298716, "volume": 7691340, "typical_volume": 1702978.8, "trend": 23.052764, "fair_value": 28.384144, "relative_strength": -19.929974, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.68251, "energy": 15.035122, "activity_lines": [ 23.100429, 22.592093, 22.856111, 23.089614 ] }, { "date": "2026-01-16", "close": 24.686724, "volume": 9850141, "typical_volume": 2143822.7, "trend": 23.239743, "fair_value": 28.384035, "relative_strength": -17.746602, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.77005, "energy": 27.958324, "activity_lines": [ 23.711813, 23.022916, 22.994203, 23.195031 ] }, { "date": "2026-01-23", "close": 26.719166, "volume": 5774158, "typical_volume": 2350812.45, "trend": 23.470502, "fair_value": 28.398958, "relative_strength": -12.140018, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.819244, "energy": 53.174458, "activity_lines": [ 24.83544, 23.789025, 23.322321, 23.41951 ] }, { "date": "2026-01-30", "close": 24.24058, "volume": 13726680, "typical_volume": 2938874.25, "trend": 23.522776, "fair_value": 28.391121, "relative_strength": -20.067327, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.502476, "energy": 41.418472, "activity_lines": [ 24.84205, 24.01345, 23.403052, 23.469192 ] }, { "date": "2026-02-06", "close": 24.58758, "volume": 2256637, "typical_volume": 2827448.95, "trend": 23.565846, "fair_value": 28.373481, "relative_strength": -17.700846, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.755322, "energy": 43.492562, "activity_lines": [ 24.848659, 24.240579, 23.508569, 23.537889 ] }, { "date": "2026-02-13", "close": 24.785868, "volume": 1121878, "typical_volume": 2784627.05, "trend": 23.657068, "fair_value": 28.362553, "relative_strength": -20.928393, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.764345, "energy": 39.408467, "activity_lines": [ 24.875097, 24.449681, 23.639108, 23.6166 ] }, { "date": "2026-02-27", "close": 25.529444, "volume": 2140185, "typical_volume": 2849226.5, "trend": 23.728337, "fair_value": 28.334628, "relative_strength": -22.108987, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.286893, "energy": 36.350231, "activity_lines": [ 25.050251, 24.740803, 23.843769, 23.737399 ] }, { "date": "2026-03-06", "close": 23.44743, "volume": 1818347, "typical_volume": 2897782.65, "trend": 23.680418, "fair_value": 28.299657, "relative_strength": -23.911961, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 33.357038, "energy": 19.633585, "activity_lines": [ 24.475218, 24.592989, 23.845421, 23.719276 ] }, { "date": "2026-03-13", "close": 22.009851, "volume": 1629550, "typical_volume": 2896896.9, "trend": 23.607713, "fair_value": 28.24688, "relative_strength": -27.434996, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.253333, "energy": 9.441718, "activity_lines": [ 23.639108, 24.163968, 23.711341, 23.611497 ] }, { "date": "2026-03-20", "close": 22.455996, "volume": 1563193, "typical_volume": 2948311.1, "trend": 23.57136, "fair_value": 28.208703, "relative_strength": -25.512782, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.228591, "energy": 18.362019, "activity_lines": [ 23.100429, 23.825077, 23.627541, 23.537193 ] }, { "date": "2026-03-27", "close": 22.356852, "volume": 1862555, "typical_volume": 2951503.25, "trend": 23.518484, "fair_value": 28.172754, "relative_strength": -24.093439, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.037314, "energy": 27.153877, "activity_lines": [ 22.670807, 23.494299, 23.53784, 23.458838 ] }, { "date": "2026-04-03", "close": 21.464561, "volume": 839116, "typical_volume": 2921391.65, "trend": 23.435864, "fair_value": 28.123641, "relative_strength": -25.080598, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.219145, "energy": 44.462664, "activity_lines": [ 22.105689, 23.01841, 23.372601, 23.326326 ] }, { "date": "2026-04-10", "close": 21.563705, "volume": 810867, "typical_volume": 2881332.15, "trend": 23.34333, "fair_value": 28.08719, "relative_strength": -29.997697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.094277, "energy": 52.832972, "activity_lines": [ 21.844611, 22.619132, 23.223178, 23.205542 ] }, { "date": "2026-04-17", "close": 22.55514, "volume": 2577529, "typical_volume": 2969377.6, "trend": 23.344982, "fair_value": 28.056808, "relative_strength": -28.996904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.575087, "energy": 40.805216, "activity_lines": [ 22.039594, 22.493851, 23.168885, 23.154691 ] }, { "date": "2026-04-24", "close": 22.356852, "volume": 2269228, "typical_volume": 3061986.95, "trend": 23.227663, "fair_value": 28.010264, "relative_strength": -32.799597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.257041, "energy": 36.355571, "activity_lines": [ 22.132127, 22.363162, 23.087918, 23.090941 ] }, { "date": "2026-05-01", "close": 20.919271, "volume": 1267172, "typical_volume": 3098605.25, "trend": 23.075643, "fair_value": 27.966818, "relative_strength": -36.430926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.106744, "energy": 39.854142, "activity_lines": [ 21.752077, 22.011653, 22.866497, 22.942012 ] }, { "date": "2026-05-08", "close": 21.662848, "volume": 2399543, "typical_volume": 3166457.35, "trend": 22.979804, "fair_value": 27.914393, "relative_strength": -37.714357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.470252, "energy": 35.186805, "activity_lines": [ 21.715724, 21.865641, 22.720379, 22.850864 ] }, { "date": "2026-05-15", "close": 19.927837, "volume": 3001253, "typical_volume": 3292034.05, "trend": 22.854222, "fair_value": 27.855429, "relative_strength": -41.401616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.39615, "energy": 62.344509, "activity_lines": [ 21.087816, 21.474475, 22.411617, 22.653963 ] }, { "date": "2026-05-22", "close": 20.621841, "volume": 1784737, "typical_volume": 3356953.5, "trend": 22.753426, "fair_value": 27.814658, "relative_strength": -40.265341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.495255, "energy": 63.50789, "activity_lines": [ 20.800299, 21.273484, 22.180519, 22.509938 ] }, { "date": "2026-05-29", "close": 20.820129, "volume": 2711487, "typical_volume": 3354779.8, "trend": 22.674112, "fair_value": 27.775732, "relative_strength": -42.299169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.806587, "energy": 57.374349, "activity_lines": [ 20.707766, 21.133782, 21.977274, 22.38521 ] }, { "date": "2026-06-05", "close": 24.736296, "volume": 9601666, "typical_volume": 3450296.1, "trend": 22.687331, "fair_value": 27.758186, "relative_strength": -31.292176, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.02625, "energy": 11.81261, "activity_lines": [ 22.023069, 21.735854, 22.161634, 22.518254 ] }, { "date": "2026-06-12", "close": 24.637152, "volume": 9379773, "typical_volume": 3426777.7, "trend": 22.748469, "fair_value": 27.736282, "relative_strength": -29.58145, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.938205, "energy": 17.612101, "activity_lines": [ 23.050857, 22.276636, 22.329706, 22.644049 ] }, { "date": "2026-06-19", "close": 25.232014, "volume": 3163205, "typical_volume": 3296230.05, "trend": 22.865789, "fair_value": 27.715328, "relative_strength": -30.854747, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.300752, "energy": 34.17445, "activity_lines": [ 24.078644, 22.867892, 22.554667, 22.804277 ] }, { "date": "2026-06-26", "close": 23.596146, "volume": 3883787, "typical_volume": 2804085.4, "trend": 22.955018, "fair_value": 27.67501, "relative_strength": -32.031597, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.089724, "energy": 32.475593, "activity_lines": [ 24.207531, 23.095021, 22.630913, 22.851397 ] }, { "date": "2026-07-03", "close": 24.5, "volume": 1832009, "typical_volume": 2782854.0, "trend": 23.051242, "fair_value": 27.638195, "relative_strength": -32.169099, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.13511, "energy": 44.123077, "activity_lines": [ 24.439415, 23.467559, 22.796309, 22.951073 ] }, { "date": "2026-07-10", "close": 22.85, "volume": 0, "typical_volume": 2726760.1, "trend": 23.084204, "fair_value": 27.597103, "relative_strength": -33.922487, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.488253, "energy": 25.08336, "activity_lines": [ 23.875975, 23.501131, 22.80498, 22.93809 ] }, { "date": "2026-07-17", "close": 20.450001, "volume": 1613933, "typical_volume": 2700447.5, "trend": 23.0256, "fair_value": 27.550363, "relative_strength": -36.268447, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.462107, "energy": 16.066988, "activity_lines": [ 22.638287, 23.063236, 22.594297, 22.768141 ] }, { "date": "2026-07-24", "close": 20.65, "volume": 859042, "typical_volume": 2652482.25, "trend": 22.968705, "fair_value": 27.510918, "relative_strength": -36.329943, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.948903, "energy": 31.523525, "activity_lines": [ 21.74641, 22.683755, 22.42685, 22.614877 ] }, { "date": "2026-07-31", "close": 19.799999, "volume": 1749391, "typical_volume": 2658474.3, "trend": 22.878519, "fair_value": 27.462302, "relative_strength": -37.313756, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.255625, "energy": 46.872013, "activity_lines": [ 20.876667, 22.136599, 22.191771, 22.410444 ] }, { "date": "2026-08-07", "close": 19.450001, "volume": 938375, "typical_volume": 2627233.4, "trend": 22.7304, "fair_value": 27.409152, "relative_strength": -38.965162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.427265, "energy": 67.234581, "activity_lines": [ 20.143334, 21.54075, 21.933883, 22.18925 ] }, { "date": "2026-08-14", "close": 19.65, "volume": 873746, "typical_volume": 2577792.95, "trend": 22.608776, "fair_value": 27.332943, "relative_strength": -39.538226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.169178, "energy": 70.422891, "activity_lines": [ 19.813333, 21.006175, 21.709356, 21.990514 ] } ], "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." } } }