{ "ticker": { "uuid": "bb6f031c-287b-40b5-8e7c-7e01872aef05", "symbol": "6164", "name": "Ledtech Electronics Corp.", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 86.952, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -16.342, "architecture_energy": 26.305, "architecture_maturity": 37.049, "architecture_confidence": 60.608, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 45.72, "rotation_up": 17.19, "upward_expansion": 17.29, "deceleration": 64.18, "rotation_down": 62.59, "downward_expansion": 42.29 }, "activity_lines": [ 11.906667, 12.743636, 12.836905, 12.738602 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 12.1, "trend_reference": 12.621667, "distance_from_trend": -0.041331, "trend_direction": "Improving", "fair_value": 12.913179, "distance_from_fair_value": -0.062973, "fair_value_direction": "Improving", "relative_strength": -25.475388, "relative_strength_direction": "Improving", "price_momentum": -0.012245, "excess_performance": -0.453617, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.041331, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.064221, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.062973, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.026962, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.254754, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.03287, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.012245, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.000251, "read": "Demand-led" } ], "volume": { "latest": 2033054, "relative_activity": 0.476069, "balance": 1.000251, "dry_up": 0.705395, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.141767, "annualized_volatility": 0.646907, "from_high_reference": -0.304598, "from_low_reference": 0.32967 }, "levels": { "trend_reference": 12.621667, "fair_value_reference": 12.913179, "structural_low": 10.55, "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": 11, "median_return": 0.006309, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.012887, "regime_survival": 0.545455, "best_return": 0.169565, "worst_return": -0.101266, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.00996, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.048779, "regime_survival": 0.333333, "best_return": 0.145695, "worst_return": -0.16879, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.112583, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.170221, "regime_survival": 0.0, "best_return": -0.034275, "worst_return": -0.147059, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.276727, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.117841, "regime_survival": 0.333333, "best_return": 0.355642, "worst_return": -0.300654, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-14", "end": "2024-08-16", "tenure": "Developing", "return": -0.12766, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-09-06", "tenure": "New", "return": -0.045614, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-10-18", "tenure": "Developing", "return": -0.01593, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": -0.159322, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-12-20", "tenure": "Developing", "return": -0.160991, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-12-12", "tenure": "Extended", "return": -0.24869, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2025-12-26", "tenure": "New", "return": 0.011952, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-03-06", "tenure": "Developing", "return": -0.059761, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": 0.039841, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.048387, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-26", "tenure": "Developing", "return": 0.049793, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.301724, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.035242, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-14", "end": "2026-08-14", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 11.270844, "volume": 1438474, "typical_volume": 2716215.25, "trend": 12.000117, "fair_value": 11.934143, "relative_strength": -9.414104, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.378386, "energy": 21.565416, "activity_lines": [ 12.160462, 12.586118, 12.714365, 12.468218 ] }, { "date": "2023-08-18", "close": 11.324009, "volume": 650191, "typical_volume": 2620371.3, "trend": 12.039741, "fair_value": 11.964509, "relative_strength": -7.466395, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.655681, "energy": 32.879051, "activity_lines": [ 11.813121, 12.291734, 12.594577, 12.424599 ] }, { "date": "2023-08-25", "close": 11.324009, "volume": 922855, "typical_volume": 2648922.25, "trend": 12.079366, "fair_value": 11.995724, "relative_strength": -7.585886, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.914755, "energy": 62.390096, "activity_lines": [ 11.561476, 12.039881, 12.478159, 12.378422 ] }, { "date": "2023-09-01", "close": 11.642996, "volume": 567945, "typical_volume": 2564613.6, "trend": 12.11229, "fair_value": 12.029573, "relative_strength": -5.496138, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.576233, "energy": 61.649825, "activity_lines": [ 11.501224, 11.889485, 12.395492, 12.350269 ] }, { "date": "2023-09-08", "close": 12.015145, "volume": 2499368, "typical_volume": 2580425.4, "trend": 12.164416, "fair_value": 12.066265, "relative_strength": -1.676045, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.914261, "energy": 46.857548, "activity_lines": [ 11.635907, 11.852753, 12.350847, 12.344002 ] }, { "date": "2023-09-15", "close": 11.908817, "volume": 1123949, "typical_volume": 2578764.2, "trend": 12.2062, "fair_value": 12.101164, "relative_strength": -4.352182, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.796646, "energy": 26.010942, "activity_lines": [ 11.767045, 11.817954, 12.294456, 12.327512 ] }, { "date": "2023-09-22", "close": 11.908817, "volume": 1384140, "typical_volume": 2604200.3, "trend": 12.241187, "fair_value": 12.135214, "relative_strength": -0.852846, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.493783, "energy": 13.921944, "activity_lines": [ 11.855653, 11.800555, 12.237679, 12.308326 ] }, { "date": "2023-09-29", "close": 11.802488, "volume": 334568, "typical_volume": 2572749.95, "trend": 12.274328, "fair_value": 12.166425, "relative_strength": -1.662317, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.257458, "energy": 11.673428, "activity_lines": [ 11.86983, 11.779289, 12.170634, 12.280023 ] }, { "date": "2023-10-06", "close": 11.855653, "volume": 1147420, "typical_volume": 2544527.7, "trend": 12.300745, "fair_value": 12.195754, "relative_strength": -2.109376, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.004244, "energy": 21.973918, "activity_lines": [ 11.86983, 11.782189, 12.108044, 12.253011 ] }, { "date": "2023-10-13", "close": 11.749324, "volume": 4248116, "typical_volume": 1845213.85, "trend": 12.310023, "fair_value": 12.226886, "relative_strength": -4.353961, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.104789, "energy": 24.74161, "activity_lines": [ 11.82021, 11.781223, 12.034709, 12.217436 ] }, { "date": "2023-10-20", "close": 11.005023, "volume": 1353508, "typical_volume": 1668499.35, "trend": 12.272398, "fair_value": 12.25037, "relative_strength": -8.404116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.867111, "energy": 51.241537, "activity_lines": [ 11.540211, 11.658461, 11.899117, 12.133242 ] }, { "date": "2023-10-27", "close": 11.111351, "volume": 502193, "typical_volume": 1561231.45, "trend": 12.241716, "fair_value": 12.272837, "relative_strength": -5.659525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.162279, "energy": 57.877494, "activity_lines": [ 11.355908, 11.559865, 11.786068, 12.058336 ] }, { "date": "2023-11-03", "close": 10.898694, "volume": 751479, "typical_volume": 1492613.95, "trend": 12.203945, "fair_value": 12.292241, "relative_strength": -9.411671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.680349, "energy": 70.505875, "activity_lines": [ 11.153883, 11.426471, 11.664917, 11.971689 ] }, { "date": "2023-11-10", "close": 11.005023, "volume": 544239, "typical_volume": 1351701.2, "trend": 12.164621, "fair_value": 12.31115, "relative_strength": -9.232143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.278712, "energy": 75.939398, "activity_lines": [ 11.047554, 11.320142, 11.567299, 11.894339 ] }, { "date": "2023-11-17", "close": 11.324009, "volume": 558999, "typical_volume": 1223696.35, "trend": 12.152923, "fair_value": 12.335372, "relative_strength": -9.305475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.443576, "energy": 66.251004, "activity_lines": [ 11.104263, 11.283411, 11.515148, 11.840106 ] }, { "date": "2023-11-24", "close": 12.653118, "volume": 8918634, "typical_volume": 1587239.0, "trend": 12.180431, "fair_value": 12.367722, "relative_strength": 0.790778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.890863, "energy": 11.754085, "activity_lines": [ 11.632362, 11.500901, 11.598438, 11.872377 ] }, { "date": "2023-12-01", "close": 12.227803, "volume": 2690653, "typical_volume": 1643144.2, "trend": 12.192063, "fair_value": 12.399241, "relative_strength": -3.309984, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.573628, "energy": 17.277988, "activity_lines": [ 11.908817, 11.627529, 11.642236, 11.875433 ] }, { "date": "2023-12-08", "close": 12.44046, "volume": 1323781, "typical_volume": 1642241.0, "trend": 12.21758, "fair_value": 12.431208, "relative_strength": -1.339887, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.548529, "energy": 26.33568, "activity_lines": [ 12.181727, 11.787022, 11.708818, 11.891459 ] }, { "date": "2023-12-15", "close": 12.227803, "volume": 2832402, "typical_volume": 1730122.55, "trend": 12.23431, "fair_value": 12.46155, "relative_strength": -4.577965, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.53712, "energy": 32.543362, "activity_lines": [ 12.280967, 11.896251, 11.755906, 11.892118 ] }, { "date": "2023-12-22", "close": 13.025269, "volume": 7623500, "typical_volume": 2070820.7, "trend": 12.216443, "fair_value": 12.493671, "relative_strength": 2.034958, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.492473, "energy": 52.668222, "activity_lines": [ 12.564511, 12.143707, 11.881222, 11.943148 ] }, { "date": "2023-12-29", "close": 13.450583, "volume": 5552528, "typical_volume": 2276523.4, "trend": 12.211054, "fair_value": 12.528192, "relative_strength": 3.305251, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.398456, "energy": 63.77534, "activity_lines": [ 12.876408, 12.445294, 12.044513, 12.02277 ] }, { "date": "2024-01-05", "close": 14.567035, "volume": 30357006, "typical_volume": 3761864.15, "trend": 12.24118, "fair_value": 12.569934, "relative_strength": 14.164689, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.309145, "energy": 73.170657, "activity_lines": [ 13.507292, 12.905407, 12.303752, 12.174769 ] }, { "date": "2024-01-12", "close": 14.407542, "volume": 32543443, "typical_volume": 5342893.55, "trend": 12.264291, "fair_value": 12.592026, "relative_strength": 12.618537, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.881463, "energy": 81.573819, "activity_lines": [ 13.929063, 13.273691, 12.532359, 12.314534 ] }, { "date": "2024-01-19", "close": 14.248049, "volume": 11246528, "typical_volume": 5876822.7, "trend": 12.26679, "fair_value": 12.605906, "relative_strength": 9.955825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.930974, "energy": 78.743173, "activity_lines": [ 14.16653, 13.549179, 12.731092, 12.442519 ] }, { "date": "2024-01-26", "close": 13.982227, "volume": 8652851, "typical_volume": 6184496.85, "trend": 12.293373, "fair_value": 12.62037, "relative_strength": 5.751752, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.134988, "energy": 71.684414, "activity_lines": [ 14.180707, 13.717372, 12.892104, 12.553192 ] }, { "date": "2024-02-02", "close": 14.460707, "volume": 4495855, "typical_volume": 6353092.15, "trend": 12.346537, "fair_value": 12.63692, "relative_strength": 8.642656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.272141, "energy": 53.817618, "activity_lines": [ 14.290581, 13.92423, 13.089319, 12.69302 ] }, { "date": "2024-02-09", "close": 14.301213, "volume": 1101688, "typical_volume": 6338969.55, "trend": 12.397929, "fair_value": 12.660618, "relative_strength": 6.895761, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.124549, "energy": 47.614937, "activity_lines": [ 14.279948, 14.069223, 13.259192, 12.819128 ] }, { "date": "2024-02-16", "close": 16.161966, "volume": 18176740, "typical_volume": 7231078.15, "trend": 12.516663, "fair_value": 12.696244, "relative_strength": 16.937138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.624294, "energy": 57.714059, "activity_lines": [ 14.907287, 14.514837, 13.594887, 13.061969 ] }, { "date": "2024-02-23", "close": 17.331581, "volume": 55207236, "typical_volume": 9934068.95, "trend": 12.670839, "fair_value": 12.735119, "relative_strength": 22.83748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.607098, "energy": 74.466631, "activity_lines": [ 15.807537, 15.105445, 14.021214, 13.372609 ] }, { "date": "2024-03-01", "close": 16.959431, "volume": 7756216, "typical_volume": 10109473.95, "trend": 12.8197, "fair_value": 12.763438, "relative_strength": 19.279289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.007253, "energy": 81.25975, "activity_lines": [ 16.378167, 15.535593, 14.386023, 13.649292 ] }, { "date": "2024-03-08", "close": 15.736651, "volume": 14852936, "typical_volume": 10784445.35, "trend": 12.96856, "fair_value": 12.787841, "relative_strength": 5.703498, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.508171, "energy": 71.547447, "activity_lines": [ 16.342724, 15.671887, 14.609566, 13.837483 ] }, { "date": "2024-03-15", "close": 15.311337, "volume": 6541729, "typical_volume": 11086422.15, "trend": 13.101471, "fair_value": 12.807556, "relative_strength": 3.289944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.774681, "energy": 51.338666, "activity_lines": [ 16.080447, 15.689286, 14.770072, 13.98863 ] }, { "date": "2024-03-22", "close": 15.470829, "volume": 3383749, "typical_volume": 11218035.65, "trend": 13.239698, "fair_value": 12.828948, "relative_strength": 1.543049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.374751, "energy": 40.666976, "activity_lines": [ 15.803993, 15.722152, 14.925768, 14.141491 ] }, { "date": "2024-03-29", "close": 15.736651, "volume": 4315373, "typical_volume": 11406592.35, "trend": 13.376153, "fair_value": 12.84616, "relative_strength": 2.906644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.068395, "energy": 28.399037, "activity_lines": [ 15.662221, 15.784016, 15.085008, 14.302585 ] }, { "date": "2024-04-05", "close": 16.055637, "volume": 3832163, "typical_volume": 11570250.55, "trend": 13.510836, "fair_value": 12.869993, "relative_strength": 4.69046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.111727, "energy": 29.647981, "activity_lines": [ 15.733107, 15.876812, 15.252096, 14.475455 ] }, { "date": "2024-04-12", "close": 16.534117, "volume": 7972156, "typical_volume": 11522926.65, "trend": 13.665013, "fair_value": 12.893298, "relative_strength": 5.648765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.973445, "energy": 40.58244, "activity_lines": [ 16.023739, 16.018906, 15.442222, 14.670505 ] }, { "date": "2024-04-19", "close": 15.151843, "volume": 4585866, "typical_volume": 11617687.3, "trend": 13.773114, "fair_value": 12.910684, "relative_strength": 2.740418, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.792885, "energy": 29.615308, "activity_lines": [ 15.800448, 15.871979, 15.482222, 14.76643 ] }, { "date": "2024-04-26", "close": 15.683487, "volume": 3285528, "typical_volume": 11715774.65, "trend": 13.902481, "fair_value": 12.930171, "relative_strength": 3.155794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.883631, "energy": 26.756179, "activity_lines": [ 15.765006, 15.806248, 15.55893, 14.88968 ] }, { "date": "2024-05-03", "close": 15.842979, "volume": 1596614, "typical_volume": 11653985.25, "trend": 14.035391, "fair_value": 12.950026, "relative_strength": 3.079365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.59423, "energy": 24.507736, "activity_lines": [ 15.76855, 15.778216, 15.635386, 15.014873 ] }, { "date": "2024-05-10", "close": 15.311337, "volume": 2025280, "typical_volume": 11374074.25, "trend": 14.154125, "fair_value": 12.961571, "relative_strength": -2.166336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.179045, "energy": 16.765393, "activity_lines": [ 15.587791, 15.680587, 15.643993, 15.097192 ] }, { "date": "2024-05-17", "close": 15.896144, "volume": 4137310, "typical_volume": 11303313.35, "trend": 14.317163, "fair_value": 12.985035, "relative_strength": -1.11311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.157142, "energy": 19.767256, "activity_lines": [ 15.651588, 15.719252, 15.697411, 15.209581 ] }, { "date": "2024-05-24", "close": 15.896144, "volume": 3065516, "typical_volume": 9938738.85, "trend": 14.476656, "fair_value": 13.024448, "relative_strength": -2.31024, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.549695, "energy": 25.526399, "activity_lines": [ 15.757917, 15.755017, 15.739183, 15.31145 ] }, { "date": "2024-05-31", "close": 16.374622, "volume": 4035659, "typical_volume": 8513349.65, "trend": 14.659187, "fair_value": 13.067254, "relative_strength": 2.597396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.388564, "energy": 32.468161, "activity_lines": [ 15.974118, 15.867145, 15.820195, 15.4339 ] }, { "date": "2024-06-07", "close": 17.225252, "volume": 17018371, "typical_volume": 8801941.8, "trend": 14.866528, "fair_value": 13.111657, "relative_strength": 4.605329, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.489637, "energy": 63.150118, "activity_lines": [ 16.427787, 16.117501, 15.972852, 15.599453 ] }, { "date": "2024-06-14", "close": 17.491076, "volume": 19785184, "typical_volume": 9358558.45, "trend": 15.072096, "fair_value": 13.155149, "relative_strength": 3.211183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.790166, "energy": 71.566458, "activity_lines": [ 16.877912, 16.389123, 16.136649, 15.768778 ] }, { "date": "2024-06-21", "close": 17.225252, "volume": 6530131, "typical_volume": 9460272.25, "trend": 15.224501, "fair_value": 13.198898, "relative_strength": -1.420594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.60324, "energy": 70.668616, "activity_lines": [ 17.094114, 16.586314, 16.258421, 15.907691 ] }, { "date": "2024-06-28", "close": 17.756897, "volume": 9174793, "typical_volume": 9863927.5, "trend": 15.408804, "fair_value": 13.246056, "relative_strength": 2.61999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.568525, "energy": 74.225753, "activity_lines": [ 17.398923, 16.867602, 16.417661, 16.071072 ] }, { "date": "2024-07-05", "close": 18.394869, "volume": 7920909, "typical_volume": 9351135.95, "trend": 15.607284, "fair_value": 13.28325, "relative_strength": 3.917215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.398625, "energy": 76.736888, "activity_lines": [ 17.79234, 17.21752, 16.621205, 16.263721 ] }, { "date": "2024-07-12", "close": 17.491076, "volume": 8033274, "typical_volume": 6992437.85, "trend": 15.782727, "fair_value": 13.320533, "relative_strength": -2.66005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.250922, "energy": 54.155532, "activity_lines": [ 17.749808, 17.353814, 16.72804, 16.385256 ] }, { "date": "2024-07-19", "close": 16.321459, "volume": 4077931, "typical_volume": 6808523.6, "trend": 15.8926, "fair_value": 13.347377, "relative_strength": -4.944401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.827919, "energy": 37.026744, "activity_lines": [ 17.299683, 17.247486, 16.722723, 16.420013 ] }, { "date": "2024-07-26", "close": 15.683487, "volume": 4361633, "typical_volume": 6283958.45, "trend": 15.96703, "fair_value": 13.369478, "relative_strength": -5.500378, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.116145, "energy": 11.643478, "activity_lines": [ 16.714876, 17.006796, 16.659686, 16.406522 ] }, { "date": "2024-08-02", "close": 15.842979, "volume": 2687912, "typical_volume": 6091267.6, "trend": 16.009561, "fair_value": 13.37626, "relative_strength": -2.392897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.99072, "energy": 19.073599, "activity_lines": [ 16.286016, 16.798972, 16.612091, 16.398519 ] }, { "date": "2024-08-09", "close": 14.99235, "volume": 4424779, "typical_volume": 6143319.1, "trend": 16.029055, "fair_value": 13.376283, "relative_strength": -6.952366, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -28.8971, "energy": 31.635522, "activity_lines": [ 15.701208, 16.437454, 16.480952, 16.332892 ] }, { "date": "2024-08-16", "close": 15.258172, "volume": 1760935, "typical_volume": 6015597.2, "trend": 16.062726, "fair_value": 13.344676, "relative_strength": -9.012707, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -25.37286, "energy": 32.708134, "activity_lines": [ 15.431842, 16.1494, 16.377408, 16.283158 ] }, { "date": "2024-08-23", "close": 15.151843, "volume": 1407926, "typical_volume": 5894385.35, "trend": 16.101713, "fair_value": 13.335263, "relative_strength": -8.859171, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.635365, "energy": 42.82378, "activity_lines": [ 15.275893, 15.877778, 16.266016, 16.224391 ] }, { "date": "2024-08-30", "close": 15.630322, "volume": 3250765, "typical_volume": 5658315.8, "trend": 16.1407, "fair_value": 13.335781, "relative_strength": -6.451453, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.617951, "energy": 36.871842, "activity_lines": [ 15.357412, 15.735684, 16.204497, 16.193979 ] }, { "date": "2024-09-06", "close": 14.460707, "volume": 2209467, "typical_volume": 5539495.85, "trend": 16.146017, "fair_value": 13.325206, "relative_strength": -9.972806, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.719699, "energy": 53.787168, "activity_lines": [ 15.052603, 15.409932, 16.03589, 16.085592 ] }, { "date": "2024-09-13", "close": 14.301213, "volume": 1126779, "typical_volume": 5431558.4, "trend": 16.083991, "fair_value": 13.306092, "relative_strength": -12.188443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.800461, "energy": 59.253475, "activity_lines": [ 14.786781, 15.115111, 15.855385, 15.966573 ] }, { "date": "2024-09-20", "close": 14.832857, "volume": 1772620, "typical_volume": 5440358.7, "trend": 16.000701, "fair_value": 13.296922, "relative_strength": -10.430794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.872002, "energy": 51.07821, "activity_lines": [ 14.74425, 14.991383, 15.732094, 15.885854 ] }, { "date": "2024-09-27", "close": 14.832857, "volume": 1728418, "typical_volume": 5425515.6, "trend": 15.929815, "fair_value": 13.292001, "relative_strength": -12.873276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.049153, "energy": 55.642856, "activity_lines": [ 14.730073, 14.915987, 15.613614, 15.810509 ] }, { "date": "2024-10-04", "close": 14.248049, "volume": 848639, "typical_volume": 5261082.05, "trend": 15.880195, "fair_value": 13.283658, "relative_strength": -14.182473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.746828, "energy": 57.039096, "activity_lines": [ 14.542225, 14.761327, 15.441715, 15.702008 ] }, { "date": "2024-10-11", "close": 14.832857, "volume": 5809957, "typical_volume": 5398304.1, "trend": 15.864245, "fair_value": 13.289194, "relative_strength": -12.878587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.670213, "energy": 38.317127, "activity_lines": [ 14.641465, 14.739094, 15.333361, 15.634438 ] }, { "date": "2024-10-18", "close": 14.073395, "volume": 7175133, "typical_volume": 5555277.8, "trend": 15.817664, "fair_value": 13.287575, "relative_strength": -19.253776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.650932, "energy": 46.550393, "activity_lines": [ 14.462741, 14.597144, 15.157741, 15.5189 ] }, { "date": "2024-10-25", "close": 17.591743, "volume": 0, "typical_volume": 4704359.25, "trend": 15.879501, "fair_value": 13.308509, "relative_strength": 1.36272, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -3.435312, "energy": 8.254432, "activity_lines": [ 15.471988, 15.111601, 15.328159, 15.633356 ] }, { "date": "2024-11-01", "close": 14.788991, "volume": 7395689, "typical_volume": 4084884.5, "trend": 15.837279, "fair_value": 13.312131, "relative_strength": -12.635602, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -34.900273, "energy": 19.5972, "activity_lines": [ 15.363058, 15.074039, 15.229904, 15.563001 ] }, { "date": "2024-11-08", "close": 15.409174, "volume": 11998174, "typical_volume": 4358286.65, "trend": 15.799781, "fair_value": 13.31842, "relative_strength": -11.950022, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.756257, "energy": 17.917552, "activity_lines": [ 15.463781, 15.155834, 15.203581, 15.535381 ] }, { "date": "2024-11-15", "close": 14.598166, "volume": 4832725, "typical_volume": 4141183.25, "trend": 15.781325, "fair_value": 13.31559, "relative_strength": -13.573077, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.896678, "energy": 21.408846, "activity_lines": [ 15.216759, 15.094195, 15.108667, 15.457857 ] }, { "date": "2024-11-22", "close": 15.07523, "volume": 3001331, "typical_volume": 3895204.35, "trend": 15.76105, "fair_value": 13.320392, "relative_strength": -11.208639, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.1201, "energy": 14.753922, "activity_lines": [ 15.144404, 15.116795, 15.074229, 15.412303 ] }, { "date": "2024-11-29", "close": 14.025688, "volume": 10919302, "typical_volume": 4039505.75, "trend": 15.700474, "fair_value": 13.317487, "relative_strength": -14.851457, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.602027, "energy": 33.197114, "activity_lines": [ 14.655413, 14.934496, 14.955642, 15.300344 ] }, { "date": "2024-12-06", "close": 14.741284, "volume": 4126028, "typical_volume": 4041910.6, "trend": 15.681472, "fair_value": 13.318515, "relative_strength": -13.919503, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.514733, "energy": 32.814221, "activity_lines": [ 14.642691, 14.896981, 14.921709, 15.238461 ] }, { "date": "2024-12-13", "close": 13.834863, "volume": 2619495, "typical_volume": 3954803.7, "trend": 15.612762, "fair_value": 13.312425, "relative_strength": -18.412982, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.99529, "energy": 43.176631, "activity_lines": [ 14.331009, 14.696327, 14.808976, 15.119325 ] }, { "date": "2024-12-20", "close": 12.928441, "volume": 1715888, "typical_volume": 3906202.5, "trend": 15.513839, "fair_value": 13.291701, "relative_strength": -21.691076, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.114876, "energy": 59.120061, "activity_lines": [ 13.822141, 14.338382, 14.618719, 14.946143 ] }, { "date": "2024-12-27", "close": 13.310092, "volume": 1196986, "typical_volume": 3744812.85, "trend": 15.411688, "fair_value": 13.274404, "relative_strength": -21.664403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.571406, "energy": 54.201111, "activity_lines": [ 13.551805, 14.084454, 14.478689, 14.803966 ] }, { "date": "2025-01-03", "close": 12.785321, "volume": 1053609, "typical_volume": 3709446.55, "trend": 15.26369, "fair_value": 13.251129, "relative_strength": -22.991562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.125842, "energy": 62.474298, "activity_lines": [ 13.22422, 13.748991, 14.296691, 14.634523 ] }, { "date": "2025-01-10", "close": 12.594495, "volume": 1742355, "typical_volume": 3726168.0, "trend": 15.100471, "fair_value": 13.216826, "relative_strength": -23.926444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.397934, "energy": 63.193592, "activity_lines": [ 12.915719, 13.466222, 14.108295, 14.462316 ] }, { "date": "2025-01-17", "close": 12.355963, "volume": 1023004, "typical_volume": 3614779.95, "trend": 14.938161, "fair_value": 13.191779, "relative_strength": -25.262969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.41414, "energy": 61.88158, "activity_lines": [ 12.670826, 13.179983, 13.909359, 14.285251 ] }, { "date": "2025-01-24", "close": 12.403669, "volume": 922834, "typical_volume": 3550448.3, "trend": 14.75972, "fair_value": 13.176515, "relative_strength": -25.67795, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.68434, "energy": 66.815774, "activity_lines": [ 12.540428, 12.957931, 13.730559, 14.121736 ] }, { "date": "2025-02-07", "close": 12.499083, "volume": 804855, "typical_volume": 3534352.1, "trend": 14.563194, "fair_value": 13.160555, "relative_strength": -24.405975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.064989, "energy": 71.203341, "activity_lines": [ 12.476819, 12.793128, 13.570641, 13.975888 ] }, { "date": "2025-02-14", "close": 12.499083, "volume": 1247735, "typical_volume": 3508107.85, "trend": 14.396794, "fair_value": 13.148517, "relative_strength": -22.814841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.436094, "energy": 69.359783, "activity_lines": [ 12.467278, 12.675163, 13.419305, 13.84272 ] }, { "date": "2025-02-21", "close": 12.737615, "volume": 1358135, "typical_volume": 3489593.7, "trend": 14.277333, "fair_value": 13.132779, "relative_strength": -22.549936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.435932, "energy": 59.900469, "activity_lines": [ 12.55633, 12.628324, 13.3018, 13.735676 ] }, { "date": "2025-02-28", "close": 12.546788, "volume": 1053819, "typical_volume": 3499852.7, "trend": 14.172776, "fair_value": 13.116472, "relative_strength": -20.647692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.012948, "energy": 48.897869, "activity_lines": [ 12.572232, 12.583219, 13.176098, 13.624028 ] }, { "date": "2025-03-07", "close": 12.355963, "volume": 991911, "typical_volume": 3258950.4, "trend": 14.056542, "fair_value": 13.106458, "relative_strength": -19.41608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.292091, "energy": 48.391086, "activity_lines": [ 12.511804, 12.526839, 13.040323, 13.506814 ] }, { "date": "2025-03-14", "close": 12.26055, "volume": 1036516, "typical_volume": 2952019.55, "trend": 13.965482, "fair_value": 13.096813, "relative_strength": -17.269427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.177038, "energy": 57.066202, "activity_lines": [ 12.422752, 12.463519, 12.907256, 13.390944 ] }, { "date": "2025-03-21", "close": 12.355963, "volume": 799981, "typical_volume": 2992018.6, "trend": 13.868742, "fair_value": 13.092681, "relative_strength": -17.006318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.797528, "energy": 63.318892, "activity_lines": [ 12.381406, 12.43663, 12.791909, 13.287104 ] }, { "date": "2025-03-28", "close": 12.069724, "volume": 960789, "typical_volume": 2670273.6, "trend": 13.766005, "fair_value": 13.085735, "relative_strength": -16.15827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.901473, "energy": 75.420823, "activity_lines": [ 12.254189, 12.365504, 12.674233, 13.171038 ] }, { "date": "2025-04-04", "close": 11.354128, "volume": 997202, "typical_volume": 2120225.0, "trend": 13.623465, "fair_value": 13.07322, "relative_strength": -19.437522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.330428, "energy": 86.382254, "activity_lines": [ 11.932966, 12.173811, 12.501354, 13.015433 ] }, { "date": "2025-04-11", "close": 9.73211, "volume": 3735021, "typical_volume": 2065339.8, "trend": 13.465845, "fair_value": 13.049981, "relative_strength": -24.047115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.435221, "energy": 94.764648, "activity_lines": [ 11.150581, 11.705421, 12.193307, 12.764378 ] }, { "date": "2025-04-18", "close": 10.495413, "volume": 1234467, "typical_volume": 1976996.6, "trend": 13.338985, "fair_value": 13.032616, "relative_strength": -16.901205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.346392, "energy": 90.743602, "activity_lines": [ 10.797553, 11.424387, 11.981127, 12.572737 ] }, { "date": "2025-04-25", "close": 10.543119, "volume": 909356, "typical_volume": 1476499.3, "trend": 13.195994, "fair_value": 13.018498, "relative_strength": -17.93536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.436926, "energy": 87.227902, "activity_lines": [ 10.578104, 11.188457, 11.795299, 12.392359 ] }, { "date": "2025-05-02", "close": 10.829358, "volume": 678681, "typical_volume": 1304131.95, "trend": 13.062544, "fair_value": 12.989874, "relative_strength": -18.792753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.547493, "energy": 78.042982, "activity_lines": [ 10.574924, 11.040133, 11.653316, 12.239672 ] }, { "date": "2025-05-09", "close": 11.449541, "volume": 1312795, "typical_volume": 1238796.95, "trend": 12.96926, "fair_value": 12.978952, "relative_strength": -14.067858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.586655, "energy": 54.325273, "activity_lines": [ 10.861162, 11.039266, 11.589026, 12.135608 ] }, { "date": "2025-05-16", "close": 11.449541, "volume": 850380, "typical_volume": 1195521.55, "trend": 12.856483, "fair_value": 12.967376, "relative_strength": -17.183115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.161857, "energy": 37.50732, "activity_lines": [ 11.14104, 11.058348, 11.536094, 12.037561 ] }, { "date": "2025-05-23", "close": 11.497248, "volume": 686374, "typical_volume": 1169990.95, "trend": 12.770612, "fair_value": 12.961662, "relative_strength": -15.546498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.889951, "energy": 24.66187, "activity_lines": [ 11.322324, 11.102585, 11.494749, 11.949869 ] }, { "date": "2025-05-30", "close": 11.497248, "volume": 494853, "typical_volume": 1142053.15, "trend": 12.567462, "fair_value": 12.955294, "relative_strength": -13.816768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.119711, "energy": 24.374089, "activity_lines": [ 11.43682, 11.160701, 11.462036, 11.867716 ] }, { "date": "2025-06-06", "close": 11.401834, "volume": 1057626, "typical_volume": 1107816.7, "trend": 12.454556, "fair_value": 12.946353, "relative_strength": -15.123443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.866939, "energy": 20.635826, "activity_lines": [ 11.455902, 11.217081, 11.426369, 11.792514 ] }, { "date": "2025-06-13", "close": 11.020184, "volume": 1131216, "typical_volume": 1113227.3, "trend": 12.308257, "fair_value": 12.929084, "relative_strength": -18.769404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.157103, "energy": 21.761033, "activity_lines": [ 11.309602, 11.216213, 11.360035, 11.699974 ] }, { "date": "2025-06-20", "close": 10.4, "volume": 1308108, "typical_volume": 1132491.0, "trend": 12.168318, "fair_value": 12.91078, "relative_strength": -22.505535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.617863, "energy": 37.850676, "activity_lines": [ 10.985199, 11.108657, 11.240996, 11.576861 ] }, { "date": "2025-06-27", "close": 10.495413, "volume": 804215, "typical_volume": 1132459.0, "trend": 12.015657, "fair_value": 12.896683, "relative_strength": -22.973763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.002907, "energy": 42.178145, "activity_lines": [ 10.762569, 11.006305, 11.140585, 11.468932 ] }, { "date": "2025-07-04", "close": 10.543119, "volume": 859171, "typical_volume": 1113030.8, "trend": 11.899572, "fair_value": 12.883218, "relative_strength": -21.755397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.365229, "energy": 53.910868, "activity_lines": [ 10.62263, 10.912627, 11.054259, 11.373929 ] }, { "date": "2025-07-11", "close": 10.4, "volume": 583871, "typical_volume": 1074317.6, "trend": 11.754862, "fair_value": 12.874065, "relative_strength": -22.702695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.857199, "energy": 72.414485, "activity_lines": [ 10.498593, 10.792927, 10.963617, 11.277182 ] }, { "date": "2025-07-18", "close": 10.1, "volume": 784747, "typical_volume": 1060864.0, "trend": 11.630367, "fair_value": 12.867891, "relative_strength": -26.24361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.46299, "energy": 77.971231, "activity_lines": [ 10.341346, 10.626489, 10.855535, 11.170417 ] }, { "date": "2025-07-25", "close": 9.94, "volume": 578706, "typical_volume": 1040203.75, "trend": 11.530752, "fair_value": 12.862652, "relative_strength": -26.659563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.710733, "energy": 81.511903, "activity_lines": [ 10.19211, 10.455496, 10.743866, 11.061361 ] }, { "date": "2025-08-01", "close": 9.96, "volume": 498938, "typical_volume": 1013324.85, "trend": 11.419082, "fair_value": 12.85264, "relative_strength": -26.035054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.793914, "energy": 81.066746, "activity_lines": [ 10.080208, 10.315586, 10.645607, 10.960022 ] }, { "date": "2025-08-08", "close": 10.35, "volume": 1430187, "typical_volume": 1044835.15, "trend": 11.337905, "fair_value": 12.8448, "relative_strength": -24.252846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.448119, "energy": 65.745267, "activity_lines": [ 10.134, 10.274535, 10.595445, 10.891049 ] }, { "date": "2025-08-15", "close": 10.5, "volume": 823089, "typical_volume": 1037950.15, "trend": 11.268089, "fair_value": 12.832693, "relative_strength": -23.453624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.70812, "energy": 45.846808, "activity_lines": [ 10.250667, 10.281616, 10.569121, 10.836991 ] }, { "date": "2025-08-22", "close": 10.4, "volume": 816565, "typical_volume": 1028918.3, "trend": 11.20289, "fair_value": 12.819291, "relative_strength": -21.709492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.958844, "energy": 32.3508, "activity_lines": [ 10.327333, 10.286912, 10.540749, 10.780985 ] }, { "date": "2025-08-29", "close": 10.5, "volume": 915726, "typical_volume": 887953.55, "trend": 11.139434, "fair_value": 12.800321, "relative_strength": -21.811393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.620334, "energy": 20.127369, "activity_lines": [ 10.417333, 10.321666, 10.526443, 10.735638 ] }, { "date": "2025-09-05", "close": 10.3, "volume": 692053, "typical_volume": 860832.85, "trend": 11.066131, "fair_value": 12.78105, "relative_strength": -23.371128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.54836, "energy": 19.259693, "activity_lines": [ 10.403333, 10.318239, 10.489434, 10.68148 ] }, { "date": "2025-09-12", "close": 10.05, "volume": 1157181, "typical_volume": 873224.1, "trend": 10.984495, "fair_value": 12.76279, "relative_strength": -27.394833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.938088, "energy": 28.348499, "activity_lines": [ 10.283333, 10.272909, 10.429545, 10.615924 ] }, { "date": "2025-09-19", "close": 10.3, "volume": 1079662, "typical_volume": 893273.15, "trend": 10.903241, "fair_value": 12.756264, "relative_strength": -25.216766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.100235, "energy": 29.491894, "activity_lines": [ 10.266667, 10.282, 10.395814, 10.571763 ] }, { "date": "2025-09-26", "close": 10.15, "volume": 757434, "typical_volume": 865505.1, "trend": 10.823349, "fair_value": 12.748777, "relative_strength": -25.58706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.020983, "energy": 35.056459, "activity_lines": [ 10.213333, 10.265636, 10.350318, 10.523166 ] }, { "date": "2025-10-03", "close": 9.97, "volume": 527109, "typical_volume": 849341.55, "trend": 10.743816, "fair_value": 12.74275, "relative_strength": -29.425743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.286488, "energy": 43.887479, "activity_lines": [ 10.116667, 10.215636, 10.293868, 10.468112 ] }, { "date": "2025-10-10", "close": 10.1, "volume": 413936, "typical_volume": 835719.65, "trend": 10.671798, "fair_value": 12.742131, "relative_strength": -29.22855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.558917, "energy": 38.54474, "activity_lines": [ 10.098667, 10.188727, 10.256844, 10.426575 ] }, { "date": "2025-10-17", "close": 10.15, "volume": 760444, "typical_volume": 848999.2, "trend": 10.598266, "fair_value": 12.740527, "relative_strength": -28.150032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.150469, "energy": 33.257968, "activity_lines": [ 10.110667, 10.168364, 10.231235, 10.392911 ] }, { "date": "2025-10-24", "close": 10.2, "volume": 609400, "typical_volume": 826587.9, "trend": 10.535942, "fair_value": 12.744471, "relative_strength": -27.785103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.925101, "energy": 29.128979, "activity_lines": [ 10.132667, 10.160727, 10.216804, 10.367216 ] }, { "date": "2025-10-31", "close": 9.92, "volume": 575319, "typical_volume": 798793.05, "trend": 10.488138, "fair_value": 12.747993, "relative_strength": -30.463397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.975824, "energy": 31.552174, "activity_lines": [ 10.068, 10.107636, 10.181429, 10.327478 ] }, { "date": "2025-11-07", "close": 9.35, "volume": 869922, "typical_volume": 776883.75, "trend": 10.475401, "fair_value": 12.748842, "relative_strength": -32.277832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.471721, "energy": 58.742936, "activity_lines": [ 9.828667, 9.959636, 10.097008, 10.25405 ] }, { "date": "2025-11-14", "close": 10.15, "volume": 3130308, "typical_volume": 893188.4, "trend": 10.463887, "fair_value": 12.749917, "relative_strength": -24.982286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.67366, "energy": 34.794719, "activity_lines": [ 9.897333, 9.978, 10.093777, 10.233056 ] }, { "date": "2025-11-21", "close": 9.5, "volume": 770626, "typical_volume": 888761.15, "trend": 10.429116, "fair_value": 12.746041, "relative_strength": -26.420267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.588643, "energy": 54.069622, "activity_lines": [ 9.746, 9.880909, 10.030286, 10.17087 ] }, { "date": "2025-11-28", "close": 9.75, "volume": 433541, "typical_volume": 881244.65, "trend": 10.393138, "fair_value": 12.743571, "relative_strength": -26.861924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.202419, "energy": 49.715321, "activity_lines": [ 9.721333, 9.839273, 9.995571, 10.127056 ] }, { "date": "2025-12-05", "close": 10.0, "volume": 652902, "typical_volume": 874652.4, "trend": 10.34482, "fair_value": 12.736429, "relative_strength": -25.123182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.825122, "energy": 28.390454, "activity_lines": [ 9.81, 9.853091, 9.987762, 10.101692 ] }, { "date": "2025-12-12", "close": 10.0, "volume": 791809, "typical_volume": 885307.55, "trend": 10.296502, "fair_value": 12.732555, "relative_strength": -24.849059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.798539, "energy": 22.950257, "activity_lines": [ 9.893333, 9.869636, 9.980429, 10.079446 ] }, { "date": "2025-12-19", "close": 12.55, "volume": 31197694, "typical_volume": 2420245.35, "trend": 10.331593, "fair_value": 12.746335, "relative_strength": -3.39516, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.30241, "energy": 36.832561, "activity_lines": [ 10.783333, 10.349273, 10.215667, 10.224833 ] }, { "date": "2025-12-26", "close": 12.7, "volume": 7529467, "typical_volume": 2725209.35, "trend": 10.371685, "fair_value": 12.760749, "relative_strength": -4.677058, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 84.225147, "energy": 82.303266, "activity_lines": [ 11.563333, 10.811636, 10.452857, 10.377633 ] }, { "date": "2026-01-02", "close": 12.55, "volume": 6170319, "typical_volume": 2992570.85, "trend": 10.409957, "fair_value": 12.775836, "relative_strength": -7.802401, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.419995, "energy": 85.751277, "activity_lines": [ 12.08, 11.200364, 10.664571, 10.51817 ] }, { "date": "2026-01-09", "close": 11.85, "volume": 4349253, "typical_volume": 3169205.25, "trend": 10.437618, "fair_value": 12.786763, "relative_strength": -15.056391, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.930982, "energy": 80.395554, "activity_lines": [ 12.176667, 11.419091, 10.799857, 10.611076 ] }, { "date": "2026-01-16", "close": 12.45, "volume": 3162021, "typical_volume": 3281520.0, "trend": 10.505951, "fair_value": 12.801209, "relative_strength": -13.391318, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.983597, "energy": 78.818181, "activity_lines": [ 12.35, 11.711818, 10.985381, 10.740907 ] }, { "date": "2026-01-23", "close": 12.75, "volume": 5708290, "typical_volume": 3532331.85, "trend": 10.581104, "fair_value": 12.81797, "relative_strength": -12.341723, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.193973, "energy": 59.649064, "activity_lines": [ 12.46, 12.002727, 11.19019, 10.885684 ] }, { "date": "2026-01-30", "close": 12.55, "volume": 3224554, "typical_volume": 3635700.5, "trend": 10.648, "fair_value": 12.833449, "relative_strength": -13.495327, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.10066, "energy": 50.59281, "activity_lines": [ 12.49, 12.21, 11.364286, 11.01271 ] }, { "date": "2026-02-06", "close": 12.25, "volume": 3591079, "typical_volume": 3761271.35, "trend": 10.709667, "fair_value": 12.843671, "relative_strength": -14.281763, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.942956, "energy": 45.554334, "activity_lines": [ 12.43, 12.307273, 11.497905, 11.116065 ] }, { "date": "2026-02-13", "close": 12.05, "volume": 745338, "typical_volume": 3760666.55, "trend": 10.774667, "fair_value": 12.853919, "relative_strength": -19.631608, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.694275, "energy": 40.353142, "activity_lines": [ 12.323333, 12.322727, 11.60319, 11.202538 ] }, { "date": "2026-02-27", "close": 12.4, "volume": 1973024, "typical_volume": 3832962.3, "trend": 10.856667, "fair_value": 12.865103, "relative_strength": -20.884837, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.823626, "energy": 33.824717, "activity_lines": [ 12.32, 12.364545, 11.732762, 11.307398 ] }, { "date": "2026-03-06", "close": 11.8, "volume": 2127026, "typical_volume": 3918616.8, "trend": 10.918, "fair_value": 12.871134, "relative_strength": -19.974882, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.929497, "energy": 24.369695, "activity_lines": [ 12.12, 12.253636, 11.793619, 11.368258 ] }, { "date": "2026-03-13", "close": 12.55, "volume": 6692254, "typical_volume": 4215207.3, "trend": 10.991333, "fair_value": 12.882299, "relative_strength": -13.732349, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.191133, "energy": 25.169447, "activity_lines": [ 12.233333, 12.292727, 11.91781, 11.473548 ] }, { "date": "2026-03-20", "close": 13.05, "volume": 12289912, "typical_volume": 4799232.9, "trend": 11.076333, "fair_value": 12.895035, "relative_strength": -10.007544, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.631354, "energy": 34.053841, "activity_lines": [ 12.513333, 12.425455, 12.07819, 11.606366 ] }, { "date": "2026-03-27", "close": 12.4, "volume": 3445534, "typical_volume": 4942743.65, "trend": 11.143, "fair_value": 12.90099, "relative_strength": -12.669644, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.806615, "energy": 32.569497, "activity_lines": [ 12.523333, 12.430909, 12.163095, 11.691763 ] }, { "date": "2026-04-03", "close": 11.6, "volume": 1190812, "typical_volume": 4958788.15, "trend": 11.179667, "fair_value": 12.897569, "relative_strength": -16.187623, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.1055, "energy": 23.15391, "activity_lines": [ 12.243333, 12.280909, 12.16, 11.721247 ] }, { "date": "2026-04-10", "close": 12.2, "volume": 2489230, "typical_volume": 4926734.25, "trend": 11.243, "fair_value": 12.898647, "relative_strength": -18.236025, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.250953, "energy": 19.835722, "activity_lines": [ 12.216667, 12.255455, 12.203333, 11.787075 ] }, { "date": "2026-04-17", "close": 13.0, "volume": 5182687, "typical_volume": 5147337.3, "trend": 11.341333, "fair_value": 12.904853, "relative_strength": -15.597542, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.376566, "energy": 27.429059, "activity_lines": [ 12.43, 12.385455, 12.313095, 11.90043 ] }, { "date": "2026-04-24", "close": 12.05, "volume": 5809316, "typical_volume": 5416126.05, "trend": 11.399667, "fair_value": 12.903989, "relative_strength": -25.246073, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.570266, "energy": 14.702514, "activity_lines": [ 12.296667, 12.334545, 12.315714, 11.946151 ] }, { "date": "2026-05-01", "close": 12.3, "volume": 1811087, "typical_volume": 5474035.3, "trend": 11.471333, "fair_value": 12.907996, "relative_strength": -22.915686, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.245788, "energy": 17.246934, "activity_lines": [ 12.313333, 12.332727, 12.33119, 12.004237 ] }, { "date": "2026-05-08", "close": 12.45, "volume": 5066945, "typical_volume": 5687792.1, "trend": 11.554, "fair_value": 12.911984, "relative_strength": -26.229404, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.193554, "energy": 21.906243, "activity_lines": [ 12.386667, 12.353636, 12.35, 12.067376 ] }, { "date": "2026-05-15", "close": 11.75, "volume": 2175654, "typical_volume": 4236690.1, "trend": 11.609, "fair_value": 12.911158, "relative_strength": -28.762364, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.109635, "energy": 7.437655, "activity_lines": [ 12.17, 12.246364, 12.290476, 12.080022 ] }, { "date": "2026-05-22", "close": 12.6, "volume": 2206291, "typical_volume": 3970531.3, "trend": 11.690667, "fair_value": 12.917088, "relative_strength": -24.772757, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.529461, "energy": 11.71496, "activity_lines": [ 12.266667, 12.294545, 12.315714, 12.143957 ] }, { "date": "2026-05-29", "close": 12.1, "volume": 2943003, "typical_volume": 3809165.5, "trend": 11.754, "fair_value": 12.919486, "relative_strength": -30.864782, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.539683, "energy": 6.955841, "activity_lines": [ 12.223333, 12.250909, 12.29381, 12.170366 ] }, { "date": "2026-06-05", "close": 13.1, "volume": 8646584, "typical_volume": 4024032.05, "trend": 11.86, "fair_value": 12.916529, "relative_strength": -24.796, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.341629, "energy": 22.045529, "activity_lines": [ 12.51, 12.406364, 12.369286, 12.257204 ] }, { "date": "2026-06-12", "close": 12.8, "volume": 3584349, "typical_volume": 4045148.45, "trend": 11.975, "fair_value": 12.911322, "relative_strength": -24.124561, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.017525, "energy": 29.542162, "activity_lines": [ 12.643333, 12.494545, 12.410238, 12.317849 ] }, { "date": "2026-06-19", "close": 13.35, "volume": 3722488, "typical_volume": 3945858.35, "trend": 12.081667, "fair_value": 12.909314, "relative_strength": -23.96347, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.373631, "energy": 44.3598, "activity_lines": [ 12.936667, 12.660909, 12.501905, 12.406559 ] }, { "date": "2026-06-26", "close": 12.65, "volume": 8047250, "typical_volume": 4186993.15, "trend": 12.186667, "fair_value": 12.902492, "relative_strength": -24.164344, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.631112, "energy": 39.362779, "activity_lines": [ 12.89, 12.679091, 12.524048, 12.443226 ] }, { "date": "2026-07-03", "close": 17.4, "volume": 11985518, "typical_volume": 4606715.1, "trend": 12.441667, "fair_value": 12.923178, "relative_strength": -0.137315, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.772585, "energy": 75.404456, "activity_lines": [ 14.423333, 13.567273, 12.998095, 12.77957 ] }, { "date": "2026-07-10", "close": 14.95, "volume": 0, "typical_volume": 4569448.2, "trend": 12.606667, "fair_value": 12.934493, "relative_strength": -10.865756, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.37514, "energy": 69.451009, "activity_lines": [ 14.786667, 13.912727, 13.214286, 12.941398 ] }, { "date": "2026-07-17", "close": 12.75, "volume": 8499327, "typical_volume": 4895763.35, "trend": 12.698333, "fair_value": 12.933751, "relative_strength": -18.531461, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.608734, "energy": 50.876063, "activity_lines": [ 14.293333, 13.81, 13.207143, 12.950645 ] }, { "date": "2026-07-24", "close": 12.15, "volume": 3306918, "typical_volume": 4954757.95, "trend": 12.685, "fair_value": 12.929845, "relative_strength": -23.498236, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.986375, "energy": 30.227738, "activity_lines": [ 13.603333, 13.592727, 13.14119, 12.915269 ] }, { "date": "2026-07-31", "close": 11.35, "volume": 4457472, "typical_volume": 4843018.85, "trend": 12.64, "fair_value": 12.921832, "relative_strength": -27.022811, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.174407, "energy": 12.78926, "activity_lines": [ 12.726667, 13.222727, 12.997381, 12.82914 ] }, { "date": "2026-08-07", "close": 11.75, "volume": 2252123, "typical_volume": 4341129.4, "trend": 12.613333, "fair_value": 12.915702, "relative_strength": -25.709413, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.301597, "energy": 23.749396, "activity_lines": [ 12.07, 12.948182, 12.897381, 12.77172 ] }, { "date": "2026-08-14", "close": 12.1, "volume": 2033054, "typical_volume": 4270505.4, "trend": 12.621667, "fair_value": 12.913179, "relative_strength": -25.475388, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.342049, "energy": 26.304519, "activity_lines": [ 11.906667, 12.743636, 12.836905, 12.738602 ] } ], "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." } } }