{ "ticker": { "uuid": "bbf52241-5fe2-4c24-90e4-a17ab76b6114", "symbol": "ARPL", "name": "Arla Plast AB", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -42.618, "architecture_energy": 28.129, "architecture_maturity": 80.515, "architecture_confidence": 89.883, "architecture_tenure": "Developing", "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": 26.85, "rotation_up": 27.37, "upward_expansion": 16.27, "deceleration": 46.77, "rotation_down": 33.74, "downward_expansion": 66.27 }, "activity_lines": [ 39.393332, 38.977272, 39.89261, 40.985598 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 40.099998, "trend_reference": 42.414915, "distance_from_trend": -0.054578, "trend_direction": "Weakening", "fair_value": 43.730637, "distance_from_fair_value": -0.083023, "fair_value_direction": "Weakening", "relative_strength": -24.279055, "relative_strength_direction": "Weakening", "price_momentum": -0.090617, "excess_performance": -0.152111, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.054578, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05559, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.083023, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.072444, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.242791, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.028721, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.090617, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.434223, "read": "Supply-led" } ], "volume": { "latest": 25702, "relative_activity": 0.599874, "balance": 0.434223, "dry_up": 1.041827, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.047382, "annualized_volatility": 0.247306, "from_high_reference": -0.359235, "from_low_reference": 0.077957 }, "levels": { "trend_reference": 42.414915, "fair_value_reference": 43.730637, "structural_low": 37.200001, "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": 19, "median_return": 0.0, "positive_rate": 0.473684, "directional_follow_through": 0.473684, "median_excess_return": -0.011072, "regime_survival": 0.736842, "best_return": 0.08502, "worst_return": -0.0625, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.01497, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.001189, "regime_survival": 0.428571, "best_return": 0.341936, "worst_return": -0.184524, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.011154, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.034932, "regime_survival": 0.25, "best_return": 0.10479, "worst_return": -0.192745, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.055247, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.02598, "regime_survival": 0.333333, "best_return": 0.354064, "worst_return": -0.054464, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-03-01", "tenure": "Developing", "return": 0.111111, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-08", "end": "2024-04-12", "tenure": "Developing", "return": 0.093137, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-19", "end": "2024-08-02", "tenure": "Established", "return": 0.258996, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-11-08", "tenure": "Established", "return": 0.082164, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-11-29", "tenure": "New", "return": -0.070707, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2025-02-21", "tenure": "Developing", "return": 0.150327, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-03-14", "tenure": "New", "return": -0.052239, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.016064, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-08-01", "tenure": "Established", "return": 0.128181, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-11-21", "tenure": "Established", "return": -0.111111, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-26", "tenure": "Developing", "return": -0.014583, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-04-17", "tenure": "Established", "return": -0.02621, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.105729, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.023143, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 30.919683, "volume": 53982, "typical_volume": 12984.85, "trend": 31.379533, "fair_value": 37.726333, "relative_strength": -5.952601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.441254, "energy": 20.478977, "activity_lines": [ 30.155785, 30.068151, 30.635448, 30.998404 ] }, { "date": "2023-08-25", "close": 30.919683, "volume": 27864, "typical_volume": 14252.8, "trend": 31.319321, "fair_value": 37.66865, "relative_strength": -5.357468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.4835, "energy": 16.589642, "activity_lines": [ 30.434668, 30.220269, 30.616181, 30.968736 ] }, { "date": "2023-09-01", "close": 30.919683, "volume": 26664, "typical_volume": 15465.95, "trend": 31.285644, "fair_value": 37.611936, "relative_strength": -6.40562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.966934, "energy": 13.845081, "activity_lines": [ 30.628674, 30.370734, 30.602566, 30.942953 ] }, { "date": "2023-09-08", "close": 31.829086, "volume": 28429, "typical_volume": 16480.6, "trend": 31.282281, "fair_value": 37.563745, "relative_strength": -2.631065, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.557892, "energy": 14.88166, "activity_lines": [ 31.089438, 30.663397, 30.683321, 30.978013 ] }, { "date": "2023-09-15", "close": 30.828745, "volume": 50971, "typical_volume": 18773.4, "trend": 31.280952, "fair_value": 37.508084, "relative_strength": -5.788383, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.041245, "energy": 14.359962, "activity_lines": [ 31.131878, 30.747724, 30.664653, 30.948753 ] }, { "date": "2023-09-22", "close": 30.828745, "volume": 39960, "typical_volume": 20451.05, "trend": 31.258985, "fair_value": 37.453336, "relative_strength": -3.915905, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.406882, "energy": 12.027428, "activity_lines": [ 31.047001, 30.812209, 30.652492, 30.919578 ] }, { "date": "2023-09-29", "close": 30.828745, "volume": 18590, "typical_volume": 18637.3, "trend": 31.25176, "fair_value": 37.399477, "relative_strength": -2.936704, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.089294, "energy": 10.372941, "activity_lines": [ 30.968186, 30.858506, 30.645997, 30.891821 ] }, { "date": "2023-10-06", "close": 30.101217, "volume": 4745, "typical_volume": 18617.55, "trend": 31.192275, "fair_value": 37.34062, "relative_strength": -4.78062, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.841954, "energy": 16.912491, "activity_lines": [ 30.652925, 30.75103, 30.581039, 30.817592 ] }, { "date": "2023-10-13", "close": 29.100878, "volume": 31750, "typical_volume": 19676.9, "trend": 31.086178, "fair_value": 37.274702, "relative_strength": -8.952881, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.958413, "energy": 33.276438, "activity_lines": [ 30.058782, 30.466635, 30.430338, 30.682664 ] }, { "date": "2023-10-20", "close": 28.191475, "volume": 9195, "typical_volume": 19940.05, "trend": 30.942397, "fair_value": 37.202613, "relative_strength": -6.33088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.277907, "energy": 58.406075, "activity_lines": [ 29.343385, 30.04335, 30.209483, 30.495909 ] }, { "date": "2023-10-27", "close": 27.827713, "volume": 22154, "typical_volume": 20626.5, "trend": 30.793861, "fair_value": 37.128795, "relative_strength": -5.732424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.713038, "energy": 69.472814, "activity_lines": [ 28.682552, 29.567153, 29.970007, 30.294961 ] }, { "date": "2023-11-03", "close": 28.737118, "volume": 39700, "typical_volume": 22334.3, "trend": 30.681535, "fair_value": 37.063235, "relative_strength": -5.71278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.97652, "energy": 64.954781, "activity_lines": [ 28.524923, 29.312521, 29.839226, 30.162268 ] }, { "date": "2023-11-10", "close": 29.646519, "volume": 253519, "typical_volume": 34264.95, "trend": 30.584782, "fair_value": 37.005741, "relative_strength": -1.969117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.109192, "energy": 48.604484, "activity_lines": [ 28.809869, 29.262917, 29.805015, 30.095493 ] }, { "date": "2023-11-17", "close": 30.101217, "volume": 651337, "typical_volume": 65448.9, "trend": 30.556254, "fair_value": 36.952629, "relative_strength": -4.024703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.702144, "energy": 27.61153, "activity_lines": [ 29.276694, 29.319134, 29.814109, 30.064295 ] }, { "date": "2023-11-24", "close": 32.465668, "volume": 458370, "typical_volume": 87962.25, "trend": 30.565265, "fair_value": 36.918378, "relative_strength": 2.312197, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.825079, "energy": 11.582079, "activity_lines": [ 30.464981, 29.836667, 30.049688, 30.187483 ] }, { "date": "2023-12-01", "close": 31.738148, "volume": 156874, "typical_volume": 95530.1, "trend": 30.555922, "fair_value": 36.879134, "relative_strength": -0.684311, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 11.89307, "energy": 22.383314, "activity_lines": [ 31.125815, 30.192161, 30.202987, 30.263153 ] }, { "date": "2023-12-08", "close": 32.647549, "volume": 169446, "typical_volume": 103332.25, "trend": 30.540765, "fair_value": 36.847317, "relative_strength": -0.458831, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.861604, "energy": 41.596116, "activity_lines": [ 31.829086, 30.696466, 30.433802, 30.398097 ] }, { "date": "2023-12-15", "close": 31.829086, "volume": 91060, "typical_volume": 107547.0, "trend": 30.531671, "fair_value": 36.809868, "relative_strength": -5.547015, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.583891, "energy": 46.515013, "activity_lines": [ 31.998842, 31.018891, 30.572378, 30.481214 ] }, { "date": "2023-12-22", "close": 32.920364, "volume": 95960, "typical_volume": 112164.3, "trend": 30.543797, "fair_value": 36.781057, "relative_strength": -1.748394, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.840525, "energy": 62.905482, "activity_lines": [ 32.386852, 31.508314, 30.807956, 30.635323 ] }, { "date": "2023-12-29", "close": 33.55695, "volume": 33055, "typical_volume": 113181.25, "trend": 30.610486, "fair_value": 36.75735, "relative_strength": -0.520583, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.224531, "energy": 66.174447, "activity_lines": [ 32.799114, 32.044035, 31.092902, 30.82972 ] }, { "date": "2024-01-05", "close": 33.375069, "volume": 29292, "typical_volume": 111946.75, "trend": 30.640799, "fair_value": 36.732662, "relative_strength": 1.584609, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.54967, "energy": 58.76483, "activity_lines": [ 33.077997, 32.449132, 31.338441, 31.008081 ] }, { "date": "2024-01-12", "close": 38.103962, "volume": 95387, "typical_volume": 115322.9, "trend": 30.883307, "fair_value": 36.742599, "relative_strength": 14.824257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.446547, "energy": 82.445378, "activity_lines": [ 34.82405, 33.613167, 32.022658, 31.489575 ] }, { "date": "2024-01-19", "close": 37.831142, "volume": 79139, "typical_volume": 117946.65, "trend": 31.156127, "fair_value": 36.75043, "relative_strength": 16.597551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.376694, "energy": 85.824813, "activity_lines": [ 36.115402, 34.557292, 32.646681, 31.937822 ] }, { "date": "2024-01-26", "close": 38.194901, "volume": 42291, "typical_volume": 118639.75, "trend": 31.416823, "fair_value": 36.760748, "relative_strength": 13.944242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.28205, "energy": 88.548797, "activity_lines": [ 37.12787, 35.418744, 33.272437, 32.391937 ] }, { "date": "2024-02-02", "close": 38.013023, "volume": 60497, "typical_volume": 119116.05, "trend": 31.692675, "fair_value": 36.769629, "relative_strength": 13.179472, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.715619, "energy": 86.972653, "activity_lines": [ 37.728076, 36.09997, 33.850557, 32.817498 ] }, { "date": "2024-02-09", "close": 37.649261, "volume": 55008, "typical_volume": 119868.45, "trend": 31.95337, "fair_value": 36.775824, "relative_strength": 12.605672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.025654, "energy": 83.852408, "activity_lines": [ 37.909956, 36.614195, 34.359822, 33.201794 ] }, { "date": "2024-02-16", "close": 37.7402, "volume": 43609, "typical_volume": 121119.4, "trend": 32.22316, "fair_value": 36.782568, "relative_strength": 9.941038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.911183, "energy": 73.166156, "activity_lines": [ 37.837204, 37.037481, 34.84527, 33.575138 ] }, { "date": "2024-02-23", "close": 37.649261, "volume": 113180, "typical_volume": 126541.15, "trend": 32.465667, "fair_value": 36.788586, "relative_strength": 8.307758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.755954, "energy": 55.356248, "activity_lines": [ 37.758389, 37.351638, 35.289145, 33.925209 ] }, { "date": "2024-03-01", "close": 37.2855, "volume": 1031733, "typical_volume": 176540.3, "trend": 32.689986, "fair_value": 36.792013, "relative_strength": 5.931565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.856628, "energy": 47.034651, "activity_lines": [ 37.570446, 37.493836, 35.662433, 34.236166 ] }, { "date": "2024-03-08", "close": 37.103619, "volume": 51698, "typical_volume": 178665.45, "trend": 32.962807, "fair_value": 36.794148, "relative_strength": 4.252485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.076196, "energy": 37.517883, "activity_lines": [ 37.382503, 37.523598, 35.979425, 34.520916 ] }, { "date": "2024-03-15", "close": 36.739857, "volume": 31420, "typical_volume": 179128.75, "trend": 33.156813, "fair_value": 36.793778, "relative_strength": 1.490452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.301546, "energy": 32.140201, "activity_lines": [ 37.133932, 37.422737, 36.219334, 34.764597 ] }, { "date": "2024-03-22", "close": 37.2855, "volume": 22536, "typical_volume": 178270.55, "trend": 33.369007, "fair_value": 36.797101, "relative_strength": 3.087359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.346211, "energy": 28.347026, "activity_lines": [ 37.12787, 37.359905, 36.46877, 35.030964 ] }, { "date": "2024-03-29", "close": 37.831142, "volume": 30789, "typical_volume": 167134.05, "trend": 33.599389, "fair_value": 36.80404, "relative_strength": 5.19185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.687316, "energy": 29.741562, "activity_lines": [ 37.334001, 37.411163, 36.729465, 35.318844 ] }, { "date": "2024-04-05", "close": 37.649261, "volume": 17080, "typical_volume": 135421.2, "trend": 33.793394, "fair_value": 36.809675, "relative_strength": 5.201656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.032092, "energy": 32.100036, "activity_lines": [ 37.46738, 37.429351, 36.933864, 35.580126 ] }, { "date": "2024-04-12", "close": 40.559345, "volume": 51307, "typical_volume": 115068.05, "trend": 34.117748, "fair_value": 36.834508, "relative_strength": 12.974332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.696309, "energy": 50.286975, "activity_lines": [ 38.546537, 37.986566, 37.379471, 36.016639 ] }, { "date": "2024-04-19", "close": 39.922771, "volume": 107750, "typical_volume": 112611.85, "trend": 34.420882, "fair_value": 36.854825, "relative_strength": 11.095356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.025064, "energy": 61.285857, "activity_lines": [ 39.18312, 38.381743, 37.72591, 36.391156 ] }, { "date": "2024-04-26", "close": 41.377811, "volume": 125704, "typical_volume": 110424.75, "trend": 34.772518, "fair_value": 36.884387, "relative_strength": 12.339395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.998382, "energy": 71.444279, "activity_lines": [ 40.092523, 39.000137, 38.171951, 36.83999 ] }, { "date": "2024-05-03", "close": 42.014393, "volume": 30144, "typical_volume": 107378.95, "trend": 35.169623, "fair_value": 36.917699, "relative_strength": 14.514922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.328324, "energy": 78.905996, "activity_lines": [ 40.941298, 39.668134, 38.637045, 37.307208 ] }, { "date": "2024-05-10", "close": 42.788628, "volume": 36878, "typical_volume": 104424.85, "trend": 35.625882, "fair_value": 36.955576, "relative_strength": 12.50757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.284736, "energy": 77.861409, "activity_lines": [ 41.769269, 40.397536, 39.127375, 37.798757 ] }, { "date": "2024-05-17", "close": 45.404526, "volume": 52812, "typical_volume": 105412.7, "trend": 36.19965, "fair_value": 37.009736, "relative_strength": 20.018025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.644502, "energy": 84.072683, "activity_lines": [ 43.126581, 41.502498, 39.819846, 38.429637 ] }, { "date": "2024-05-24", "close": 45.871647, "volume": 43117, "typical_volume": 106103.95, "trend": 36.801115, "fair_value": 37.005315, "relative_strength": 19.723641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.380122, "energy": 88.919518, "activity_lines": [ 44.316588, 42.541466, 40.500388, 39.053637 ] }, { "date": "2024-05-31", "close": 48.020428, "volume": 56195, "typical_volume": 104144.35, "trend": 37.443892, "fair_value": 37.023979, "relative_strength": 25.540549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.596213, "energy": 93.533457, "activity_lines": [ 45.826264, 43.805089, 41.326068, 39.777464 ] }, { "date": "2024-06-07", "close": 51.757423, "volume": 72340, "typical_volume": 103804.4, "trend": 38.180922, "fair_value": 37.071527, "relative_strength": 33.323321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.983936, "energy": 96.97722, "activity_lines": [ 48.138763, 45.552985, 42.460431, 40.700917 ] }, { "date": "2024-06-14", "close": 52.504826, "volume": 160002, "typical_volume": 109689.95, "trend": 38.927709, "fair_value": 37.114008, "relative_strength": 37.233164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.590031, "energy": 94.608946, "activity_lines": [ 50.050862, 47.183567, 43.599659, 41.62504 ] }, { "date": "2024-06-21", "close": 52.131123, "volume": 51762, "typical_volume": 109253.2, "trend": 39.583224, "fair_value": 37.162309, "relative_strength": 34.402061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.819202, "energy": 89.435005, "activity_lines": [ 51.190646, 48.476103, 44.635155, 42.476873 ] }, { "date": "2024-06-28", "close": 52.878521, "volume": 86999, "typical_volume": 110852.75, "trend": 40.287903, "fair_value": 37.205543, "relative_strength": 35.27557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.342366, "energy": 73.598111, "activity_lines": [ 52.131123, 49.694132, 45.674602, 43.334634 ] }, { "date": "2024-07-05", "close": 50.075775, "volume": 60918, "typical_volume": 111718.2, "trend": 40.868844, "fair_value": 37.227524, "relative_strength": 27.727902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.200229, "energy": 62.04745, "activity_lines": [ 51.670227, 50.167013, 46.374601, 43.96611 ] }, { "date": "2024-07-12", "close": 50.262623, "volume": 26393, "typical_volume": 107378.85, "trend": 41.483295, "fair_value": 37.259466, "relative_strength": 23.688562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.119327, "energy": 55.761908, "activity_lines": [ 51.13459, 50.515721, 47.033653, 44.57216 ] }, { "date": "2024-07-19", "close": 50.636326, "volume": 43380, "typical_volume": 57961.2, "trend": 42.073827, "fair_value": 37.294899, "relative_strength": 26.50953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.286941, "energy": 47.759442, "activity_lines": [ 50.823174, 50.782407, 47.668234, 45.162678 ] }, { "date": "2024-07-26", "close": 53.065372, "volume": 26456, "typical_volume": 56699.1, "trend": 42.724108, "fair_value": 37.347545, "relative_strength": 31.011688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.37582, "energy": 48.924235, "activity_lines": [ 51.446007, 51.348052, 48.470576, 45.87181 ] }, { "date": "2024-08-02", "close": 50.262623, "volume": 35970, "typical_volume": 56926.6, "trend": 43.287026, "fair_value": 37.37401, "relative_strength": 28.681912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.602762, "energy": 36.237196, "activity_lines": [ 51.072307, 51.264819, 48.929981, 46.358166 ] }, { "date": "2024-08-09", "close": 46.619053, "volume": 96417, "typical_volume": 60620.65, "trend": 43.570863, "fair_value": 37.389715, "relative_strength": 18.918844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.405687, "energy": 25.185477, "activity_lines": [ 49.658477, 50.439282, 48.977986, 46.573136 ] }, { "date": "2024-08-16", "close": 48.580975, "volume": 62206, "typical_volume": 62191.5, "trend": 43.92919, "fair_value": 37.427306, "relative_strength": 19.591024, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.621531, "energy": 19.319885, "activity_lines": [ 49.129068, 49.995939, 49.168395, 46.896369 ] }, { "date": "2024-08-23", "close": 46.712479, "volume": 48676, "typical_volume": 63771.3, "trend": 44.21311, "fair_value": 37.429371, "relative_strength": 13.290574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.665226, "energy": 18.203487, "activity_lines": [ 48.088938, 49.270622, 49.129662, 47.075936 ] }, { "date": "2024-08-30", "close": 46.151928, "volume": 50439, "typical_volume": 63727.9, "trend": 44.484407, "fair_value": 37.429486, "relative_strength": 9.872344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.486157, "energy": 14.594529, "activity_lines": [ 47.123547, 48.548702, 48.994386, 47.201021 ] }, { "date": "2024-09-06", "close": 46.712479, "volume": 54600, "typical_volume": 61070.4, "trend": 44.786514, "fair_value": 37.437575, "relative_strength": 15.781826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.348817, "energy": 13.792115, "activity_lines": [ 46.805903, 48.037413, 48.885863, 47.344767 ] }, { "date": "2024-09-13", "close": 46.151928, "volume": 21479, "typical_volume": 55859.15, "trend": 45.066905, "fair_value": 37.445904, "relative_strength": 11.8308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.473285, "energy": 13.457632, "activity_lines": [ 46.538085, 47.536316, 48.691623, 47.432859 ] }, { "date": "2024-09-20", "close": 45.778229, "volume": 23230, "typical_volume": 55513.45, "trend": 45.33787, "fair_value": 37.464982, "relative_strength": 8.156665, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.003654, "energy": 15.378572, "activity_lines": [ 46.176842, 47.038616, 48.439059, 47.47875 ] }, { "date": "2024-09-27", "close": 45.965076, "volume": 29910, "typical_volume": 55165.05, "trend": 45.62719, "fair_value": 37.480876, "relative_strength": 5.731511, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.030521, "energy": 17.031915, "activity_lines": [ 46.064731, 46.656423, 48.186367, 47.519215 ] }, { "date": "2024-10-04", "close": 45.404526, "volume": 15957, "typical_volume": 53322.3, "trend": 45.903886, "fair_value": 37.492629, "relative_strength": 5.445675, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.70158, "energy": 24.943379, "activity_lines": [ 45.815597, 46.257243, 47.865163, 47.50485 ] }, { "date": "2024-10-11", "close": 45.684803, "volume": 13367, "typical_volume": 51834.8, "trend": 46.202051, "fair_value": 37.502345, "relative_strength": 6.176466, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.11746, "energy": 19.973833, "activity_lines": [ 45.709716, 46.048311, 47.570652, 47.490715 ] }, { "date": "2024-10-18", "close": 45.124252, "volume": 22467, "typical_volume": 50148.4, "trend": 46.463343, "fair_value": 37.503539, "relative_strength": 4.187054, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.813505, "energy": 24.633153, "activity_lines": [ 45.485495, 45.820693, 47.223645, 47.42118 ] }, { "date": "2024-10-25", "close": 44.937401, "volume": 31602, "typical_volume": 48111.5, "trend": 46.700218, "fair_value": 37.511202, "relative_strength": 3.388893, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.036725, "energy": 27.446969, "activity_lines": [ 45.267503, 45.586281, 46.872634, 47.322732 ] }, { "date": "2024-11-01", "close": 46.525623, "volume": 62069, "typical_volume": 43214.85, "trend": 46.996097, "fair_value": 37.531785, "relative_strength": 7.930998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.331922, "energy": 18.853282, "activity_lines": [ 45.634974, 45.706884, 46.705358, 47.311468 ] }, { "date": "2024-11-08", "close": 50.449474, "volume": 68165, "typical_volume": 44035.0, "trend": 47.325768, "fair_value": 37.572591, "relative_strength": 16.208193, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 16.409505, "energy": 12.824469, "activity_lines": [ 47.273025, 46.544311, 46.940255, 47.534266 ] }, { "date": "2024-11-15", "close": 46.245354, "volume": 52079, "typical_volume": 42289.0, "trend": 47.536521, "fair_value": 37.579877, "relative_strength": 8.013457, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.714735, "energy": 19.833221, "activity_lines": [ 47.173373, 46.539215, 46.782768, 47.464562 ] }, { "date": "2024-11-22", "close": 44.37685, "volume": 23365, "typical_volume": 40411.35, "trend": 47.636489, "fair_value": 37.591888, "relative_strength": 3.120756, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.484836, "energy": 24.376279, "activity_lines": [ 46.413516, 46.202885, 46.478914, 47.260713 ] }, { "date": "2024-11-29", "close": 42.975475, "volume": 74412, "typical_volume": 42812.3, "trend": 47.668525, "fair_value": 37.591904, "relative_strength": -0.460243, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.482103, "energy": 37.036773, "activity_lines": [ 45.236361, 45.644033, 46.068734, 46.960002 ] }, { "date": "2024-12-06", "close": 42.882053, "volume": 55057, "typical_volume": 43396.15, "trend": 47.671639, "fair_value": 37.592963, "relative_strength": -4.735953, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.297318, "energy": 66.145743, "activity_lines": [ 44.15886, 45.119155, 45.684357, 46.651197 ] }, { "date": "2024-12-13", "close": 44.190002, "volume": 30423, "typical_volume": 43594.5, "trend": 47.631155, "fair_value": 37.600217, "relative_strength": -0.04648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.885525, "energy": 65.21705, "activity_lines": [ 43.760247, 44.888141, 45.461471, 46.426576 ] }, { "date": "2024-12-20", "close": 44.283428, "volume": 13150, "typical_volume": 42453.5, "trend": 47.578214, "fair_value": 37.60095, "relative_strength": 3.00798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.047891, "energy": 61.159531, "activity_lines": [ 43.810074, 44.696195, 45.289747, 46.210593 ] }, { "date": "2024-12-27", "close": 43.909725, "volume": 6019, "typical_volume": 37933.6, "trend": 47.441191, "fair_value": 37.597097, "relative_strength": 1.093922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.780486, "energy": 48.10179, "activity_lines": [ 43.866128, 44.461783, 45.110905, 45.973917 ] }, { "date": "2025-01-03", "close": 44.003151, "volume": 10760, "typical_volume": 35361.3, "trend": 47.182715, "fair_value": 37.606438, "relative_strength": 0.094468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.782266, "energy": 32.532351, "activity_lines": [ 43.984466, 44.26644, 44.953862, 45.752108 ] }, { "date": "2025-01-10", "close": 42.975475, "volume": 20117, "typical_volume": 33933.35, "trend": 46.86507, "fair_value": 37.607002, "relative_strength": -2.811333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.313078, "energy": 35.363921, "activity_lines": [ 43.691734, 43.901233, 44.720744, 45.480673 ] }, { "date": "2025-01-17", "close": 42.695206, "volume": 19175, "typical_volume": 32370.15, "trend": 46.550539, "fair_value": 37.603578, "relative_strength": -6.885537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.859566, "energy": 38.128041, "activity_lines": [ 43.299351, 43.549616, 44.478729, 45.211649 ] }, { "date": "2025-01-24", "close": 45.311104, "volume": 30250, "typical_volume": 31152.65, "trend": 46.298292, "fair_value": 37.616375, "relative_strength": -3.208177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.960093, "energy": 23.266053, "activity_lines": [ 43.878586, 43.814604, 44.502308, 45.131686 ] }, { "date": "2025-01-31", "close": 46.151928, "volume": 22629, "typical_volume": 31210.15, "trend": 46.167497, "fair_value": 37.635658, "relative_strength": -1.574547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.707334, "energy": 11.251095, "activity_lines": [ 44.669585, 44.249455, 44.612639, 45.122243 ] }, { "date": "2025-02-07", "close": 43.816307, "volume": 23697, "typical_volume": 31233.5, "trend": 45.95262, "fair_value": 37.639968, "relative_strength": -5.527482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.385556, "energy": 16.09906, "activity_lines": [ 44.532563, 44.227373, 44.500529, 44.970553 ] }, { "date": "2025-02-14", "close": 44.937401, "volume": 37005, "typical_volume": 31588.25, "trend": 45.762656, "fair_value": 37.67255, "relative_strength": -5.954178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.375104, "energy": 17.223887, "activity_lines": [ 44.781695, 44.39384, 44.504533, 44.905055 ] }, { "date": "2025-02-21", "close": 49.328373, "volume": 311730, "typical_volume": 46376.9, "trend": 45.638089, "fair_value": 37.727254, "relative_strength": 2.662542, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 36.188047, "energy": 31.913496, "activity_lines": [ 46.36369, 45.321294, 44.931619, 45.135101 ] }, { "date": "2025-02-28", "close": 50.075775, "volume": 66055, "typical_volume": 49011.3, "trend": 45.631861, "fair_value": 37.802358, "relative_strength": 3.835422, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.781639, "energy": 57.653079, "activity_lines": [ 47.752607, 46.291215, 45.4112, 45.421404 ] }, { "date": "2025-03-07", "close": 47.646725, "volume": 61932, "typical_volume": 50984.55, "trend": 45.666117, "fair_value": 37.851485, "relative_strength": -1.636441, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.741592, "energy": 55.636857, "activity_lines": [ 48.014197, 46.714175, 45.638534, 45.551395 ] }, { "date": "2025-03-14", "close": 47.459873, "volume": 75839, "typical_volume": 53196.4, "trend": 45.628747, "fair_value": 37.901332, "relative_strength": -0.655268, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.65301, "energy": 62.642877, "activity_lines": [ 48.113849, 47.035217, 45.836061, 45.667121 ] }, { "date": "2025-03-21", "close": 46.525623, "volume": 55977, "typical_volume": 52891.8, "trend": 45.622518, "fair_value": 37.939439, "relative_strength": -0.966007, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.232265, "energy": 41.822678, "activity_lines": [ 47.65918, 47.123545, 45.9326, 45.724984 ] }, { "date": "2025-03-28", "close": 45.778229, "volume": 58002, "typical_volume": 52383.65, "trend": 45.610062, "fair_value": 37.970565, "relative_strength": 0.443031, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.682677, "energy": 18.381312, "activity_lines": [ 46.849499, 47.011436, 45.957958, 45.73503 ] }, { "date": "2025-04-04", "close": 44.37685, "volume": 38565, "typical_volume": 51707.95, "trend": 45.532207, "fair_value": 37.995172, "relative_strength": 7.736692, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.886795, "energy": 13.450143, "activity_lines": [ 45.809367, 46.588475, 45.872096, 45.655468 ] }, { "date": "2025-04-11", "close": 42.975475, "volume": 88196, "typical_volume": 54949.5, "trend": 45.426326, "fair_value": 38.01326, "relative_strength": 4.475932, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.114212, "energy": 17.028071, "activity_lines": [ 44.682039, 45.927705, 45.661667, 45.490517 ] }, { "date": "2025-04-18", "close": 46.338772, "volume": 22554, "typical_volume": 52356.6, "trend": 45.44501, "fair_value": 38.063861, "relative_strength": 8.493732, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.336281, "energy": 12.439894, "activity_lines": [ 44.987226, 45.936198, 45.778226, 45.549385 ] }, { "date": "2025-04-25", "close": 48.207275, "volume": 15490, "typical_volume": 50378.25, "trend": 45.51975, "fair_value": 38.137392, "relative_strength": 9.121903, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.285657, "energy": 18.336984, "activity_lines": [ 45.989988, 46.238555, 46.056721, 45.727595 ] }, { "date": "2025-05-02", "close": 45.497952, "volume": 73294, "typical_volume": 52521.8, "trend": 45.522864, "fair_value": 38.19739, "relative_strength": 1.29434, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.544003, "energy": 6.502677, "activity_lines": [ 45.977532, 45.988856, 46.051827, 45.726189 ] }, { "date": "2025-05-09", "close": 45.732559, "volume": 40422, "typical_volume": 53885.4, "trend": 45.524456, "fair_value": 38.256153, "relative_strength": 2.123334, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.303155, "energy": 13.591199, "activity_lines": [ 46.061963, 45.851457, 46.063049, 45.739718 ] }, { "date": "2025-05-16", "close": 46.213955, "volume": 13390, "typical_volume": 54253.95, "trend": 45.56078, "fair_value": 38.304626, "relative_strength": -0.733033, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.752457, "energy": 14.071199, "activity_lines": [ 46.216479, 45.880552, 46.113217, 45.784202 ] }, { "date": "2025-05-23", "close": 45.925117, "volume": 35928, "typical_volume": 55512.35, "trend": 45.593704, "fair_value": 38.355217, "relative_strength": 1.100973, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.881836, "energy": 10.495812, "activity_lines": [ 46.058817, 45.883181, 46.124904, 45.807707 ] }, { "date": "2025-05-30", "close": 46.021397, "volume": 25576, "typical_volume": 55785.3, "trend": 45.576896, "fair_value": 38.403307, "relative_strength": 0.644283, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.584458, "energy": 10.162804, "activity_lines": [ 45.960826, 45.93122, 46.136609, 45.8353 ] }, { "date": "2025-06-06", "close": 46.406513, "volume": 25367, "typical_volume": 56094.9, "trend": 45.442131, "fair_value": 38.439974, "relative_strength": 0.601133, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.27068, "energy": 11.881122, "activity_lines": [ 46.136932, 46.058448, 46.170487, 45.888824 ] }, { "date": "2025-06-13", "close": 48.524654, "volume": 79587, "typical_volume": 58561.75, "trend": 45.518107, "fair_value": 38.51545, "relative_strength": 7.927395, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.420291, "energy": 32.049272, "activity_lines": [ 46.958513, 46.55937, 46.38842, 46.087697 ] }, { "date": "2025-06-20", "close": 46.695351, "volume": 32359, "typical_volume": 59048.25, "trend": 45.595391, "fair_value": 38.583451, "relative_strength": 4.516946, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.576682, "energy": 27.753392, "activity_lines": [ 46.984188, 46.652276, 46.41683, 46.163648 ] }, { "date": "2025-06-27", "close": 47.946976, "volume": 22170, "typical_volume": 58971.9, "trend": 45.761107, "fair_value": 38.661177, "relative_strength": 4.950748, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.604557, "energy": 36.044947, "activity_lines": [ 47.394978, 46.905116, 46.561856, 46.315363 ] }, { "date": "2025-07-04", "close": 47.273022, "volume": 23088, "typical_volume": 58276.05, "trend": 45.907473, "fair_value": 38.727212, "relative_strength": 3.297784, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.058678, "energy": 35.077828, "activity_lines": [ 47.446326, 47.006179, 46.623025, 46.412906 ] }, { "date": "2025-07-11", "close": 48.139538, "volume": 49170, "typical_volume": 45148.05, "trend": 46.039124, "fair_value": 38.800503, "relative_strength": 3.868168, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.065784, "energy": 31.377374, "activity_lines": [ 47.703071, 47.281777, 46.755598, 46.55691 ] }, { "date": "2025-07-18", "close": 47.658142, "volume": 48636, "typical_volume": 44277.1, "trend": 46.151615, "fair_value": 38.879212, "relative_strength": 2.869798, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.606717, "energy": 30.860521, "activity_lines": [ 47.683815, 47.42182, 46.847985, 46.661363 ] }, { "date": "2025-07-25", "close": 48.043259, "volume": 44388, "typical_volume": 43399.9, "trend": 46.289399, "fair_value": 38.922969, "relative_strength": 1.559129, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.24494, "energy": 28.792547, "activity_lines": [ 47.8507, 47.596873, 46.988562, 46.783404 ] }, { "date": "2025-08-01", "close": 50.065117, "volume": 37408, "typical_volume": 41478.35, "trend": 46.491465, "fair_value": 38.985074, "relative_strength": 8.94204, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.990945, "energy": 51.178992, "activity_lines": [ 48.601676, 48.106276, 47.319809, 47.026999 ] }, { "date": "2025-08-08", "close": 51.9907, "volume": 24496, "typical_volume": 39904.3, "trend": 46.791972, "fair_value": 39.072278, "relative_strength": 9.99826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.636688, "energy": 67.909866, "activity_lines": [ 49.853304, 48.890513, 47.822038, 47.381788 ] }, { "date": "2025-08-15", "close": 55.649303, "volume": 301553, "typical_volume": 52081.85, "trend": 47.223776, "fair_value": 39.187188, "relative_strength": 15.82461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.231777, "energy": 80.884522, "activity_lines": [ 52.009955, 50.231418, 48.646682, 47.953229 ] }, { "date": "2025-08-22", "close": 56.804653, "volume": 171708, "typical_volume": 58739.0, "trend": 47.606894, "fair_value": 39.295046, "relative_strength": 15.739449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.441215, "energy": 85.534777, "activity_lines": [ 54.051071, 51.614336, 49.534354, 48.57135 ] }, { "date": "2025-08-29", "close": 55.841862, "volume": 108673, "typical_volume": 59762.85, "trend": 47.929892, "fair_value": 39.417427, "relative_strength": 16.108985, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.70891, "energy": 83.778942, "activity_lines": [ 55.16149, 52.671655, 50.271152, 49.102638 ] }, { "date": "2025-09-05", "close": 58.537674, "volume": 147021, "typical_volume": 65986.2, "trend": 48.420604, "fair_value": 39.552836, "relative_strength": 21.230104, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.946626, "energy": 88.591844, "activity_lines": [ 56.650606, 54.052822, 51.203425, 49.787011 ] }, { "date": "2025-09-12", "close": 56.226978, "volume": 198208, "typical_volume": 75122.1, "trend": 48.796923, "fair_value": 39.672583, "relative_strength": 15.690934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.901023, "energy": 74.905659, "activity_lines": [ 56.804652, 54.821304, 51.857542, 50.290649 ] }, { "date": "2025-09-19", "close": 57.767445, "volume": 111496, "typical_volume": 77032.2, "trend": 49.078225, "fair_value": 39.820631, "relative_strength": 17.862001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.983031, "energy": 71.223546, "activity_lines": [ 57.189769, 55.707071, 52.620181, 50.869392 ] }, { "date": "2025-09-26", "close": 57.767445, "volume": 94244, "typical_volume": 79723.3, "trend": 49.334614, "fair_value": 39.975484, "relative_strength": 17.401441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.200244, "energy": 57.773551, "activity_lines": [ 57.433677, 56.417786, 53.324394, 51.429987 ] }, { "date": "2025-10-03", "close": 57.18977, "volume": 356790, "typical_volume": 96893.3, "trend": 49.652716, "fair_value": 40.140807, "relative_strength": 12.226783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.444331, "energy": 50.442203, "activity_lines": [ 57.42084, 56.839664, 53.916281, 51.936771 ] }, { "date": "2025-10-10", "close": 58.730236, "volume": 107752, "typical_volume": 100484.5, "trend": 50.028395, "fair_value": 40.308068, "relative_strength": 15.681851, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.435469, "energy": 50.402182, "activity_lines": [ 57.831631, 57.375326, 54.602613, 52.522417 ] }, { "date": "2025-10-17", "close": 57.960003, "volume": 121453, "typical_volume": 105278.35, "trend": 50.409541, "fair_value": 40.444593, "relative_strength": 13.947822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.038955, "energy": 44.51791, "activity_lines": [ 57.97284, 57.613398, 55.154613, 53.034134 ] }, { "date": "2025-10-24", "close": 57.960003, "volume": 118935, "typical_volume": 109956.75, "trend": 50.8156, "fair_value": 40.58934, "relative_strength": 10.063189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.287237, "energy": 40.574103, "activity_lines": [ 57.998515, 57.742937, 55.649763, 53.521261 ] }, { "date": "2025-10-31", "close": 57.574886, "volume": 176492, "typical_volume": 114802.0, "trend": 51.255534, "fair_value": 40.737572, "relative_strength": 9.822896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.580849, "energy": 37.416274, "activity_lines": [ 57.88298, 57.760442, 56.053218, 53.957344 ] }, { "date": "2025-11-07", "close": 46.406513, "volume": 380690, "typical_volume": 132218.55, "trend": 51.369902, "fair_value": 40.821298, "relative_strength": -10.130973, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 1.095512, "energy": 9.41252, "activity_lines": [ 54.057491, 55.73333, 55.349922, 53.644504 ] }, { "date": "2025-11-14", "close": 48.043259, "volume": 495452, "typical_volume": 155882.65, "trend": 51.426719, "fair_value": 40.923454, "relative_strength": -7.67762, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -11.193528, "energy": 24.483772, "activity_lines": [ 51.496468, 54.17536, 54.803883, 53.429881 ] }, { "date": "2025-11-21", "close": 46.213955, "volume": 74845, "typical_volume": 158470.5, "trend": 51.360275, "fair_value": 41.000844, "relative_strength": -9.243221, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -37.584099, "energy": 45.049879, "activity_lines": [ 49.038142, 52.475597, 54.083165, 53.093574 ] }, { "date": "2025-11-28", "close": 46.213955, "volume": 107637, "typical_volume": 161393.85, "trend": 51.384141, "fair_value": 41.081919, "relative_strength": -12.075322, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.651138, "energy": 59.244763, "activity_lines": [ 47.362886, 50.957888, 53.367491, 52.761553 ] }, { "date": "2025-12-05", "close": 45.251163, "volume": 138867, "typical_volume": 165905.4, "trend": 51.368095, "fair_value": 41.165043, "relative_strength": -15.056232, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.365346, "energy": 66.230191, "activity_lines": [ 46.149769, 49.47519, 52.569291, 52.365877 ] }, { "date": "2025-12-12", "close": 44.962326, "volume": 92091, "typical_volume": 168290.55, "trend": 51.326374, "fair_value": 41.238094, "relative_strength": -15.314089, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.572162, "energy": 70.410206, "activity_lines": [ 45.661954, 48.167545, 51.755045, 51.952602 ] }, { "date": "2025-12-19", "close": 44.673492, "volume": 132915, "typical_volume": 173065.9, "trend": 51.284653, "fair_value": 41.324886, "relative_strength": -16.272288, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.960268, "energy": 65.756427, "activity_lines": [ 45.174141, 47.029702, 50.927962, 51.523384 ] }, { "date": "2025-12-26", "close": 45.540001, "volume": 72114, "typical_volume": 175446.8, "trend": 51.268606, "fair_value": 41.413264, "relative_strength": -14.738552, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.81439, "energy": 66.746805, "activity_lines": [ 45.199815, 46.304983, 50.209078, 51.152761 ] }, { "date": "2026-01-02", "close": 47.754417, "volume": 85275, "typical_volume": 164632.9, "trend": 51.313537, "fair_value": 41.514702, "relative_strength": -11.502815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.812907, "energy": 47.395825, "activity_lines": [ 46.008559, 46.208703, 49.731809, 50.926039 ] }, { "date": "2026-01-09", "close": 48.139538, "volume": 52299, "typical_volume": 158662.45, "trend": 51.300699, "fair_value": 41.617192, "relative_strength": -13.515533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.400827, "energy": 36.904443, "activity_lines": [ 46.842978, 46.368001, 49.328812, 50.721265 ] }, { "date": "2026-01-16", "close": 48.043259, "volume": 101299, "typical_volume": 158293.75, "trend": 51.34563, "fair_value": 41.718215, "relative_strength": -15.476303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.658942, "energy": 27.069785, "activity_lines": [ 47.452746, 46.681346, 48.957909, 50.511108 ] }, { "date": "2026-01-23", "close": 45.828838, "volume": 71392, "typical_volume": 154512.3, "trend": 51.275025, "fair_value": 41.802207, "relative_strength": -18.54319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.015862, "energy": 27.05861, "activity_lines": [ 47.118978, 46.56231, 48.413244, 50.155186 ] }, { "date": "2026-01-30", "close": 44.769768, "volume": 69063, "typical_volume": 148055.05, "trend": 51.191583, "fair_value": 41.884513, "relative_strength": -20.562097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.895984, "energy": 34.245725, "activity_lines": [ 46.355164, 46.290978, 47.828234, 49.735492 ] }, { "date": "2026-02-06", "close": 44.095814, "volume": 148668, "typical_volume": 149913.65, "trend": 51.056792, "fair_value": 41.962499, "relative_strength": -23.918011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.926085, "energy": 69.664359, "activity_lines": [ 45.418047, 45.923367, 47.233596, 49.2777 ] }, { "date": "2026-02-13", "close": 44.577209, "volume": 41597, "typical_volume": 147281.3, "trend": 50.954095, "fair_value": 42.050375, "relative_strength": -22.89072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.092384, "energy": 74.337062, "activity_lines": [ 44.885303, 45.681794, 46.749908, 48.859662 ] }, { "date": "2026-02-20", "close": 43.999538, "volume": 119172, "typical_volume": 135400.4, "trend": 50.819304, "fair_value": 42.130579, "relative_strength": -25.010029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.276818, "energy": 72.096678, "activity_lines": [ 44.397489, 45.347443, 46.274015, 48.410981 ] }, { "date": "2026-02-27", "close": 44.577209, "volume": 61134, "typical_volume": 133069.5, "trend": 50.636374, "fair_value": 42.21732, "relative_strength": -24.665417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.070228, "energy": 64.717121, "activity_lines": [ 44.371815, 45.135629, 45.915948, 48.008266 ] }, { "date": "2026-03-06", "close": 45.058605, "volume": 70392, "typical_volume": 130516.45, "trend": 50.405304, "fair_value": 42.301762, "relative_strength": -19.012681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.059892, "energy": 44.250981, "activity_lines": [ 44.590047, 45.013092, 45.671124, 47.648409 ] }, { "date": "2026-03-13", "close": 43.903255, "volume": 168714, "typical_volume": 133005.4, "trend": 50.013769, "fair_value": 42.376245, "relative_strength": -20.307301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.430885, "energy": 42.896327, "activity_lines": [ 44.403907, 44.689244, 45.377702, 47.228922 ] }, { "date": "2026-03-20", "close": 42.74791, "volume": 52863, "typical_volume": 126823.95, "trend": 49.545211, "fair_value": 42.441906, "relative_strength": -17.992705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.746925, "energy": 44.915882, "activity_lines": [ 43.845489, 44.225354, 45.041184, 46.760157 ] }, { "date": "2026-03-27", "close": 43.133022, "volume": 33854, "typical_volume": 109482.15, "trend": 49.121583, "fair_value": 42.511452, "relative_strength": -16.973409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.733497, "energy": 42.688595, "activity_lines": [ 43.537396, 43.929514, 44.811948, 46.346468 ] }, { "date": "2026-04-03", "close": 47.273022, "volume": 48766, "typical_volume": 87147.85, "trend": 48.746094, "fair_value": 42.608671, "relative_strength": -11.803231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.353047, "energy": 22.38998, "activity_lines": [ 44.66707, 44.475679, 44.992585, 46.227206 ] }, { "date": "2026-04-10", "close": 45.63628, "volume": 25064, "typical_volume": 84658.8, "trend": 48.393071, "fair_value": 42.692563, "relative_strength": -18.441089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.531311, "energy": 18.260906, "activity_lines": [ 45.071442, 44.697996, 45.021011, 46.026573 ] }, { "date": "2026-04-17", "close": 46.502792, "volume": 26260, "typical_volume": 80589.95, "trend": 48.017583, "fair_value": 42.792215, "relative_strength": -18.337436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.840433, "energy": 15.130675, "activity_lines": [ 45.72614, 45.062106, 45.134712, 45.904619 ] }, { "date": "2026-04-24", "close": 46.406513, "volume": 21006, "typical_volume": 74696.9, "trend": 47.638885, "fair_value": 42.883312, "relative_strength": -15.934065, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.333626, "energy": 15.772987, "activity_lines": [ 46.175443, 45.364948, 45.237868, 45.800679 ] }, { "date": "2026-05-01", "close": 41.544422, "volume": 77171, "typical_volume": 73950.9, "trend": 47.117373, "fair_value": 42.944376, "relative_strength": -23.337732, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.907732, "energy": 20.349663, "activity_lines": [ 44.760141, 44.750513, 44.872466, 45.407488 ] }, { "date": "2026-05-08", "close": 42.549999, "volume": 85244, "typical_volume": 71567.35, "trend": 46.578032, "fair_value": 43.004939, "relative_strength": -21.406974, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.164644, "energy": 29.236101, "activity_lines": [ 43.785939, 44.363548, 44.619109, 45.112819 ] }, { "date": "2026-05-15", "close": 41.5, "volume": 48303, "typical_volume": 70376.8, "trend": 46.029365, "fair_value": 43.065183, "relative_strength": -22.023083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.124936, "energy": 55.372599, "activity_lines": [ 42.776605, 43.822533, 44.275864, 44.785204 ] }, { "date": "2026-05-22", "close": 41.049999, "volume": 63917, "typical_volume": 69308.9, "trend": 45.465699, "fair_value": 43.119628, "relative_strength": -25.108031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.584259, "energy": 67.999877, "activity_lines": [ 41.893023, 43.264402, 43.909, 44.463954 ] }, { "date": "2026-05-29", "close": 40.950001, "volume": 44296, "typical_volume": 68908.75, "trend": 44.911536, "fair_value": 43.179844, "relative_strength": -24.6509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.108633, "energy": 69.917638, "activity_lines": [ 41.339628, 42.739967, 43.564539, 44.172619 ] }, { "date": "2026-06-05", "close": 38.950001, "volume": 7491, "typical_volume": 64218.35, "trend": 44.662985, "fair_value": 43.22141, "relative_strength": -27.355737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.235502, "energy": 77.228661, "activity_lines": [ 40.483334, 41.884584, 43.063837, 43.788004 ] }, { "date": "2026-06-12", "close": 38.950001, "volume": 6701, "typical_volume": 60983.8, "trend": 44.359877, "fair_value": 43.27347, "relative_strength": -26.698253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.80946, "energy": 77.152917, "activity_lines": [ 39.800001, 41.105256, 42.606436, 43.419424 ] }, { "date": "2026-06-19", "close": 38.849998, "volume": 29372, "typical_volume": 58999.25, "trend": 44.114412, "fair_value": 43.332466, "relative_strength": -27.825288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.919836, "energy": 75.761145, "activity_lines": [ 39.323333, 40.459074, 42.172267, 43.063948 ] }, { "date": "2026-06-26", "close": 38.299999, "volume": 9077, "typical_volume": 52019.7, "trend": 43.850613, "fair_value": 43.383274, "relative_strength": -27.707395, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.985453, "energy": 75.79348, "activity_lines": [ 38.84, 39.836279, 41.713907, 42.688825 ] }, { "date": "2026-07-03", "close": 38.549999, "volume": 8475, "typical_volume": 50363.6, "trend": 43.627241, "fair_value": 43.439764, "relative_strength": -28.764238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.949161, "energy": 77.33598, "activity_lines": [ 38.623333, 39.40808, 41.306956, 42.346849 ] }, { "date": "2026-07-10", "close": 37.799999, "volume": 143365, "typical_volume": 51573.25, "trend": 43.388497, "fair_value": 43.490864, "relative_strength": -28.045149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.398893, "energy": 77.689919, "activity_lines": [ 38.316666, 38.986363, 40.857277, 41.970898 ] }, { "date": "2026-07-17", "close": 38.049999, "volume": 109110, "typical_volume": 53972.05, "trend": 43.167714, "fair_value": 43.544733, "relative_strength": -26.291585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.472456, "energy": 55.821733, "activity_lines": [ 38.169999, 38.678181, 40.460929, 41.626479 ] }, { "date": "2026-07-24", "close": 38.5, "volume": 15807, "typical_volume": 51242.8, "trend": 42.933047, "fair_value": 43.596822, "relative_strength": -26.09322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.219577, "energy": 49.289469, "activity_lines": [ 38.233333, 38.533636, 40.13852, 41.325336 ] }, { "date": "2026-07-31", "close": 40.25, "volume": 27932, "typical_volume": 44203.7, "trend": 42.6829, "fair_value": 43.658964, "relative_strength": -23.191284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.094203, "energy": 38.956462, "activity_lines": [ 38.903333, 38.761818, 40.01401, 41.152237 ] }, { "date": "2026-08-07", "close": 40.099998, "volume": 25702, "typical_volume": 42845.65, "trend": 42.414915, "fair_value": 43.730637, "relative_strength": -24.279055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.618335, "energy": 28.128632, "activity_lines": [ 39.393332, 38.977272, 39.89261, 40.985598 ] } ], "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." } } }