{ "ticker": { "uuid": "bc1ec00d-bd6a-4448-b80c-e58b1abb4df0", "symbol": "5245", "name": "WiseChip Semiconductor Inc.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 63.346, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.577, "architecture_energy": 65.116, "architecture_maturity": 11.362, "architecture_confidence": 79.723, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 24.44, "rotation_up": 9.34, "upward_expansion": 14.22, "deceleration": 37.36, "rotation_down": 72.24, "downward_expansion": 89.88 }, "activity_lines": [ 23.269999, 24.156363, 24.959524, 25.266452 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 23.549999, "trend_reference": 25.936667, "distance_from_trend": -0.092019, "trend_direction": "Improving", "fair_value": 31.288141, "distance_from_fair_value": -0.247319, "fair_value_direction": "Weakening", "relative_strength": -33.909935, "relative_strength_direction": "Improving", "price_momentum": -0.164894, "excess_performance": -0.606266, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.092019, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.036154, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.247319, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.012482, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.339099, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.002828, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.164894, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.031829, "read": "Demand-led" } ], "volume": { "latest": 207000, "relative_activity": 0.353806, "balance": 4.031829, "dry_up": 0.591387, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.093092, "annualized_volatility": 0.380389, "from_high_reference": -0.363514, "from_low_reference": 0.1775 }, "levels": { "trend_reference": 25.936667, "fair_value_reference": 31.288141, "structural_low": 21.85, "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": 33, "median_return": 0.003021, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": -0.019735, "regime_survival": 0.787879, "best_return": 0.270321, "worst_return": -0.375, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.014685, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.092515, "regime_survival": 0.5, "best_return": 0.493243, "worst_return": -0.301887, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.072511, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.146816, "regime_survival": 0.428571, "best_return": 0.286374, "worst_return": -0.237382, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.237208, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.458019, "regime_survival": 0.75, "best_return": 0.199085, "worst_return": -0.362974, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.245033, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-09-20", "tenure": "New", "return": 0.030691, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-11-01", "tenure": "Developing", "return": -0.047804, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-12-13", "tenure": "Developing", "return": -0.038571, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": 0.024502, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-07-04", "tenure": "Established", "return": -0.168239, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-29", "tenure": "Developing", "return": -0.122388, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": -0.106195, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.156904, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": 0.351039, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-03-06", "tenure": "Developing", "return": 0.057803, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-06-12", "tenure": "Established", "return": -0.007634, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-31", "tenure": "Developing", "return": -0.148855, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": 0.01073, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 39.599998, "volume": 343000, "typical_volume": 547550.0, "trend": 46.315668, "fair_value": 46.258756, "relative_strength": -27.622676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.668804, "energy": 77.249635, "activity_lines": [ 41.564445, 42.417951, 43.695154, 44.853261 ] }, { "date": "2023-08-18", "close": 38.950001, "volume": 396000, "typical_volume": 544800.0, "trend": 46.008551, "fair_value": 46.296723, "relative_strength": -27.180183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.20194, "energy": 81.155871, "activity_lines": [ 40.59611, 41.654528, 43.139442, 44.378057 ] }, { "date": "2023-08-25", "close": 41.049999, "volume": 206000, "typical_volume": 548200.0, "trend": 45.823375, "fair_value": 46.340533, "relative_strength": -22.982555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.154299, "energy": 62.722127, "activity_lines": [ 40.523333, 41.394939, 42.826254, 44.05815 ] }, { "date": "2023-09-01", "close": 39.900002, "volume": 122000, "typical_volume": 522950.0, "trend": 45.44719, "fair_value": 46.386767, "relative_strength": -25.070122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.956527, "energy": 70.567022, "activity_lines": [ 40.17, 40.981764, 42.439216, 43.675997 ] }, { "date": "2023-09-08", "close": 39.400002, "volume": 192000, "typical_volume": 477600.0, "trend": 45.11415, "fair_value": 46.443947, "relative_strength": -24.782759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.103034, "energy": 55.462181, "activity_lines": [ 39.816668, 40.556666, 42.047956, 43.285856 ] }, { "date": "2023-09-15", "close": 39.950001, "volume": 175000, "typical_volume": 425400.0, "trend": 44.745928, "fair_value": 46.511727, "relative_strength": -24.542705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.19358, "energy": 47.324647, "activity_lines": [ 39.873335, 40.32394, 41.744962, 42.952685 ] }, { "date": "2023-09-22", "close": 41.150002, "volume": 745000, "typical_volume": 449100.0, "trend": 44.468073, "fair_value": 46.589649, "relative_strength": -18.840114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.61622, "energy": 39.095891, "activity_lines": [ 40.306668, 40.378031, 41.57243, 42.72069 ] }, { "date": "2023-09-29", "close": 40.349998, "volume": 95000, "typical_volume": 386950.0, "trend": 44.138367, "fair_value": 46.664348, "relative_strength": -19.726917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.387695, "energy": 31.543779, "activity_lines": [ 40.326667, 40.3, 41.337993, 42.455008 ] }, { "date": "2023-10-06", "close": 39.75, "volume": 124000, "typical_volume": 324800.0, "trend": 43.772922, "fair_value": 46.725948, "relative_strength": -20.978421, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -47.49037, "energy": 30.718819, "activity_lines": [ 40.193333, 40.153637, 41.075301, 42.171887 ] }, { "date": "2023-10-13", "close": 39.150002, "volume": 38000, "typical_volume": 311650.0, "trend": 43.481916, "fair_value": 46.803023, "relative_strength": -22.50397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.968054, "energy": 37.217908, "activity_lines": [ 39.870001, 39.946364, 40.784737, 41.873634 ] }, { "date": "2023-10-20", "close": 38.900002, "volume": 56000, "typical_volume": 289550.0, "trend": 43.141652, "fair_value": 46.880128, "relative_strength": -20.694036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.176397, "energy": 41.16936, "activity_lines": [ 39.480001, 39.760001, 40.501369, 41.578027 ] }, { "date": "2023-10-27", "close": 39.0, "volume": 48000, "typical_volume": 266750.0, "trend": 42.845646, "fair_value": 46.950254, "relative_strength": -18.228821, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.904504, "energy": 44.730346, "activity_lines": [ 39.193334, 39.604546, 40.263091, 41.310824 ] }, { "date": "2023-11-03", "close": 38.799999, "volume": 95000, "typical_volume": 246650.0, "trend": 42.520937, "fair_value": 47.021548, "relative_strength": -19.735716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.264066, "energy": 46.8157, "activity_lines": [ 38.983334, 39.411819, 40.037485, 41.049814 ] }, { "date": "2023-11-10", "close": 38.900002, "volume": 50000, "typical_volume": 244650.0, "trend": 42.183821, "fair_value": 47.095932, "relative_strength": -19.396995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.829752, "energy": 46.314186, "activity_lines": [ 38.910001, 39.278183, 39.846653, 40.816205 ] }, { "date": "2023-11-17", "close": 39.950001, "volume": 161000, "typical_volume": 233200.0, "trend": 41.950961, "fair_value": 47.190925, "relative_strength": -18.910917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.823568, "energy": 34.734634, "activity_lines": [ 39.243334, 39.353637, 39.78127, 40.672088 ] }, { "date": "2023-11-24", "close": 42.700001, "volume": 260000, "typical_volume": 226250.0, "trend": 41.929389, "fair_value": 47.30028, "relative_strength": -13.00481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.462869, "energy": 10.336591, "activity_lines": [ 40.440001, 39.919092, 39.999366, 40.720413 ] }, { "date": "2023-12-01", "close": 42.0, "volume": 178000, "typical_volume": 210350.0, "trend": 41.857726, "fair_value": 47.394536, "relative_strength": -14.505121, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.693404, "energy": 15.862056, "activity_lines": [ 41.150001, 40.307273, 40.155675, 40.724969 ] }, { "date": "2023-12-08", "close": 42.349998, "volume": 124000, "typical_volume": 196900.0, "trend": 41.722179, "fair_value": 47.494844, "relative_strength": -12.590311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.828462, "energy": 33.718232, "activity_lines": [ 41.776666, 40.743637, 40.344762, 40.756728 ] }, { "date": "2023-12-15", "close": 41.150002, "volume": 122000, "typical_volume": 187800.0, "trend": 41.563945, "fair_value": 47.553718, "relative_strength": -15.658641, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.92142, "energy": 34.543014, "activity_lines": [ 41.766667, 40.925455, 40.420715, 40.719814 ] }, { "date": "2023-12-22", "close": 40.099998, "volume": 123000, "typical_volume": 182650.0, "trend": 41.378582, "fair_value": 47.603411, "relative_strength": -16.697754, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -9.116364, "energy": 23.910287, "activity_lines": [ 41.256666, 40.890909, 40.402619, 40.625365 ] }, { "date": "2023-12-29", "close": 39.700001, "volume": 89000, "typical_volume": 169950.0, "trend": 41.156276, "fair_value": 47.649452, "relative_strength": -18.369285, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.188503, "energy": 14.473596, "activity_lines": [ 40.603333, 40.766364, 40.359286, 40.51707 ] }, { "date": "2024-01-05", "close": 39.400002, "volume": 27000, "typical_volume": 151500.0, "trend": 40.947579, "fair_value": 47.694114, "relative_strength": -16.388171, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.21156, "energy": 29.558619, "activity_lines": [ 40.050001, 40.572728, 40.286905, 40.403762 ] }, { "date": "2024-01-12", "close": 39.950001, "volume": 72000, "typical_volume": 144800.0, "trend": 40.809157, "fair_value": 47.738492, "relative_strength": -14.468004, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.60739, "energy": 29.84849, "activity_lines": [ 39.853334, 40.471819, 40.264762, 40.339402 ] }, { "date": "2024-01-19", "close": 39.450001, "volume": 67038, "typical_volume": 142051.9, "trend": 40.649346, "fair_value": 47.767963, "relative_strength": -15.725786, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.698634, "energy": 31.77985, "activity_lines": [ 39.650001, 40.259092, 40.200239, 40.251715 ] }, { "date": "2024-01-26", "close": 38.950001, "volume": 296000, "typical_volume": 147251.9, "trend": 40.464999, "fair_value": 47.809196, "relative_strength": -17.671522, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.684181, "energy": 46.922788, "activity_lines": [ 39.393334, 39.945455, 40.090239, 40.142079 ] }, { "date": "2024-02-02", "close": 38.799999, "volume": 70000, "typical_volume": 142001.9, "trend": 40.300835, "fair_value": 47.851917, "relative_strength": -17.600923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.846743, "energy": 47.312474, "activity_lines": [ 39.163334, 39.622728, 39.968096, 40.03466 ] }, { "date": "2024-02-09", "close": 38.5, "volume": 20000, "typical_volume": 105751.9, "trend": 40.188056, "fair_value": 47.901967, "relative_strength": -17.769776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.845842, "energy": 53.238799, "activity_lines": [ 38.893333, 39.316364, 39.822858, 39.918477 ] }, { "date": "2024-02-16", "close": 39.099998, "volume": 58000, "typical_volume": 103901.9, "trend": 40.071667, "fair_value": 47.964026, "relative_strength": -18.05583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.672536, "energy": 48.242097, "activity_lines": [ 38.883333, 39.182727, 39.747381, 39.84828 ] }, { "date": "2024-02-23", "close": 39.0, "volume": 158000, "typical_volume": 105601.9, "trend": 39.958334, "fair_value": 48.026261, "relative_strength": -18.79898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.353322, "energy": 43.586863, "activity_lines": [ 38.896666, 39.09, 39.668333, 39.77914 ] }, { "date": "2024-03-01", "close": 38.5, "volume": 91000, "typical_volume": 108251.9, "trend": 39.815, "fair_value": 48.07495, "relative_strength": -19.314328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.714917, "energy": 44.213607, "activity_lines": [ 38.773333, 38.945454, 39.545238, 39.685054 ] }, { "date": "2024-03-08", "close": 38.0, "volume": 235000, "typical_volume": 117201.9, "trend": 39.761667, "fair_value": 48.117713, "relative_strength": -22.990193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.109274, "energy": 45.067901, "activity_lines": [ 38.513333, 38.739091, 39.377619, 39.567957 ] }, { "date": "2024-03-15", "close": 33.0, "volume": 384000, "typical_volume": 134001.9, "trend": 39.563334, "fair_value": 48.122166, "relative_strength": -32.028493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.565184, "energy": 86.563486, "activity_lines": [ 36.64, 37.654545, 38.738095, 39.131721 ] }, { "date": "2024-03-22", "close": 36.349998, "volume": 653000, "typical_volume": 161901.9, "trend": 39.406667, "fair_value": 48.147548, "relative_strength": -26.40963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.164819, "energy": 74.555302, "activity_lines": [ 36.249999, 37.295454, 38.44619, 38.924409 ] }, { "date": "2024-03-29", "close": 34.400002, "volume": 289000, "typical_volume": 173851.9, "trend": 39.223334, "fair_value": 48.157982, "relative_strength": -29.853426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.718936, "energy": 81.263689, "activity_lines": [ 35.393333, 36.647273, 37.980238, 38.601398 ] }, { "date": "2024-04-05", "close": 34.099998, "volume": 55000, "typical_volume": 168551.9, "trend": 39.046667, "fair_value": 48.156696, "relative_strength": -29.837429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.192868, "energy": 83.655813, "activity_lines": [ 34.743333, 36.036363, 37.507143, 38.27086 ] }, { "date": "2024-04-12", "close": 34.849998, "volume": 150000, "typical_volume": 163051.9, "trend": 38.876667, "fair_value": 48.13736, "relative_strength": -28.874685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.955624, "energy": 54.821245, "activity_lines": [ 34.636666, 35.649999, 37.133333, 38.000107 ] }, { "date": "2024-04-19", "close": 33.400002, "volume": 108000, "typical_volume": 159551.9, "trend": 38.618333, "fair_value": 48.054304, "relative_strength": -26.839295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.079819, "energy": 63.337449, "activity_lines": [ 34.256667, 35.071818, 36.658809, 37.646774 ] }, { "date": "2024-04-26", "close": 33.099998, "volume": 164000, "typical_volume": 161551.9, "trend": 38.376667, "fair_value": 47.97259, "relative_strength": -28.970224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.954291, "energy": 63.320125, "activity_lines": [ 33.749999, 34.531818, 36.196666, 37.290753 ] }, { "date": "2024-05-03", "close": 33.25, "volume": 88000, "typical_volume": 159851.9, "trend": 38.16, "fair_value": 47.896736, "relative_strength": -28.680037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.549437, "energy": 57.031229, "activity_lines": [ 33.509999, 34.128181, 35.792857, 36.96 ] }, { "date": "2024-05-10", "close": 32.650002, "volume": 121000, "typical_volume": 159751.9, "trend": 37.943333, "fair_value": 47.813771, "relative_strength": -30.419947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.43205, "energy": 62.410702, "activity_lines": [ 33.146667, 33.72, 35.369524, 36.604516 ] }, { "date": "2024-05-17", "close": 32.900002, "volume": 137000, "typical_volume": 162151.9, "trend": 37.743333, "fair_value": 47.762886, "relative_strength": -30.943924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.053205, "energy": 58.930794, "activity_lines": [ 32.963334, 33.463637, 35.005476, 36.27914 ] }, { "date": "2024-05-24", "close": 33.200001, "volume": 165000, "typical_volume": 169051.9, "trend": 37.55, "fair_value": 47.765627, "relative_strength": -30.574898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.58298, "energy": 50.784411, "activity_lines": [ 33.010001, 33.354546, 34.702381, 35.986022 ] }, { "date": "2024-05-31", "close": 35.150002, "volume": 258000, "typical_volume": 178351.9, "trend": 37.428334, "fair_value": 47.776787, "relative_strength": -24.408304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.791176, "energy": 34.2375, "activity_lines": [ 33.720002, 33.596365, 34.614524, 35.831183 ] }, { "date": "2024-06-07", "close": 34.299999, "volume": 225000, "typical_volume": 186250.0, "trend": 37.275, "fair_value": 47.769708, "relative_strength": -27.827845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.295863, "energy": 25.88674, "activity_lines": [ 34.010001, 33.705455, 34.468572, 35.629355 ] }, { "date": "2024-06-14", "close": 35.599998, "volume": 236000, "typical_volume": 183250.0, "trend": 37.13, "fair_value": 47.771234, "relative_strength": -26.614838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.066693, "energy": 21.174535, "activity_lines": [ 34.663333, 34.052727, 34.470952, 35.52129 ] }, { "date": "2024-06-21", "close": 34.299999, "volume": 186000, "typical_volume": 189050.0, "trend": 36.85, "fair_value": 47.776673, "relative_strength": -30.894804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.3865, "energy": 22.067333, "activity_lines": [ 34.686666, 34.136364, 34.365476, 35.33871 ] }, { "date": "2024-06-28", "close": 35.349998, "volume": 295000, "typical_volume": 202800.0, "trend": 36.628333, "fair_value": 47.785577, "relative_strength": -27.379256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.315814, "energy": 14.598369, "activity_lines": [ 34.966665, 34.420909, 34.381428, 35.241935 ] }, { "date": "2024-07-05", "close": 37.0, "volume": 376000, "typical_volume": 218700.0, "trend": 36.45, "fair_value": 47.801792, "relative_strength": -24.962388, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.7264, "energy": 19.266157, "activity_lines": [ 35.653332, 34.97, 34.569524, 35.265914 ] }, { "date": "2024-07-12", "close": 35.5, "volume": 393000, "typical_volume": 230450.0, "trend": 36.261667, "fair_value": 47.810841, "relative_strength": -28.472113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.938334, "energy": 15.309477, "activity_lines": [ 35.716666, 35.175454, 34.624762, 35.204623 ] }, { "date": "2024-07-19", "close": 34.950001, "volume": 238000, "typical_volume": 237800.0, "trend": 36.09, "fair_value": 47.791602, "relative_strength": -25.684429, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.576542, "energy": 13.949241, "activity_lines": [ 35.516667, 35.24, 34.644286, 35.12 ] }, { "date": "2024-07-26", "close": 33.950001, "volume": 128000, "typical_volume": 232450.0, "trend": 35.898333, "fair_value": 47.76187, "relative_strength": -24.7173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.723971, "energy": 15.277381, "activity_lines": [ 35.026667, 35.080909, 34.585476, 34.981935 ] }, { "date": "2024-08-02", "close": 33.0, "volume": 79000, "typical_volume": 217200.0, "trend": 35.685, "fair_value": 47.726592, "relative_strength": -24.473079, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.092539, "energy": 26.724928, "activity_lines": [ 34.243334, 34.73, 34.455476, 34.794946 ] }, { "date": "2024-08-09", "close": 30.6, "volume": 211000, "typical_volume": 195100.0, "trend": 35.373333, "fair_value": 47.684775, "relative_strength": -28.763024, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.618166, "energy": 50.302931, "activity_lines": [ 32.816667, 33.946364, 34.096905, 34.466882 ] }, { "date": "2024-08-16", "close": 30.200001, "volume": 68000, "typical_volume": 184050.0, "trend": 35.065, "fair_value": 47.627312, "relative_strength": -31.790607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.998194, "energy": 70.920996, "activity_lines": [ 31.683334, 33.172728, 33.727619, 34.133118 ] }, { "date": "2024-08-23", "close": 30.85, "volume": 188000, "typical_volume": 190700.0, "trend": 34.795, "fair_value": 47.592107, "relative_strength": -28.963619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.375517, "energy": 71.947267, "activity_lines": [ 31.12, 32.591818, 33.440238, 33.861183 ] }, { "date": "2024-08-30", "close": 37.599998, "volume": 2743000, "typical_volume": 320350.0, "trend": 34.755, "fair_value": 47.615758, "relative_strength": -13.245464, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.640764, "energy": 24.98494, "activity_lines": [ 33.08, 33.324545, 33.81119, 34.04215 ] }, { "date": "2024-09-06", "close": 39.099998, "volume": 6066000, "typical_volume": 618250.0, "trend": 34.775, "fair_value": 47.625087, "relative_strength": -5.764298, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.155815, "energy": 14.145956, "activity_lines": [ 35.296666, 34.27, 34.311904, 34.322473 ] }, { "date": "2024-09-13", "close": 36.700001, "volume": 754000, "typical_volume": 647750.0, "trend": 34.695, "fair_value": 47.607621, "relative_strength": -12.279779, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.261702, "energy": 26.629383, "activity_lines": [ 36.306666, 34.710909, 34.556905, 34.446667 ] }, { "date": "2024-09-20", "close": 40.299999, "volume": 678000, "typical_volume": 677250.0, "trend": 34.738333, "fair_value": 47.617963, "relative_strength": -4.746862, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.811744, "energy": 51.847771, "activity_lines": [ 38.109999, 35.811818, 35.127619, 34.808279 ] }, { "date": "2024-09-27", "close": 38.700001, "volume": 1979000, "typical_volume": 770150.0, "trend": 34.745, "fair_value": 47.597731, "relative_strength": -10.491647, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.753493, "energy": 63.748078, "activity_lines": [ 38.706667, 36.534545, 35.512381, 35.063871 ] }, { "date": "2024-10-04", "close": 39.950001, "volume": 205000, "typical_volume": 773550.0, "trend": 34.81, "fair_value": 47.564359, "relative_strength": -4.85204, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.004214, "energy": 65.651545, "activity_lines": [ 39.196667, 37.416364, 35.987381, 35.399677 ] }, { "date": "2024-10-11", "close": 36.5, "volume": 316000, "typical_volume": 781100.0, "trend": 34.926667, "fair_value": 47.522787, "relative_strength": -14.698336, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.063863, "energy": 47.007848, "activity_lines": [ 38.38, 37.561818, 36.100238, 35.50871 ] }, { "date": "2024-10-18", "close": 37.150002, "volume": 168000, "typical_volume": 776600.0, "trend": 34.953333, "fair_value": 47.500412, "relative_strength": -14.655029, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.267469, "energy": 30.306047, "activity_lines": [ 37.953334, 37.761819, 36.259286, 35.652151 ] }, { "date": "2024-10-25", "close": 37.700001, "volume": 234000, "typical_volume": 777050.0, "trend": 35.063333, "fair_value": 47.495758, "relative_strength": -12.145001, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.684949, "energy": 22.4085, "activity_lines": [ 37.680001, 37.942728, 36.461191, 35.829355 ] }, { "date": "2024-11-01", "close": 36.849998, "volume": 94000, "typical_volume": 769950.0, "trend": 35.155, "fair_value": 47.475635, "relative_strength": -11.303153, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.577508, "energy": 16.570405, "activity_lines": [ 37.296667, 37.832727, 36.565952, 35.944624 ] }, { "date": "2024-11-08", "close": 35.0, "volume": 215000, "typical_volume": 771400.0, "trend": 35.16, "fair_value": 47.441983, "relative_strength": -17.790502, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.848488, "energy": 13.797098, "activity_lines": [ 36.42, 37.277273, 36.488571, 35.934624 ] }, { "date": "2024-11-15", "close": 34.700001, "volume": 307000, "typical_volume": 772000.0, "trend": 35.203333, "fair_value": 47.399449, "relative_strength": -14.867569, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.995502, "energy": 12.853922, "activity_lines": [ 35.773334, 36.714546, 36.379286, 35.904946 ] }, { "date": "2024-11-22", "close": 34.299999, "volume": 65515, "typical_volume": 756475.75, "trend": 35.243333, "fair_value": 47.341827, "relative_strength": -15.561374, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.669534, "energy": 15.889796, "activity_lines": [ 35.113333, 36.159091, 36.235, 35.846667 ] }, { "date": "2024-11-29", "close": 33.25, "volume": 106000, "typical_volume": 742125.75, "trend": 35.243333, "fair_value": 47.279422, "relative_strength": -14.942558, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.637419, "energy": 26.638203, "activity_lines": [ 34.293333, 35.456364, 36.003571, 35.718065 ] }, { "date": "2024-12-06", "close": 34.75, "volume": 935000, "typical_volume": 776975.75, "trend": 35.313333, "fair_value": 47.224963, "relative_strength": -13.787278, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.865489, "energy": 29.992799, "activity_lines": [ 34.27, 35.154545, 35.925714, 35.686237 ] }, { "date": "2024-12-13", "close": 33.650002, "volume": 226000, "typical_volume": 781875.75, "trend": 35.338333, "fair_value": 47.033195, "relative_strength": -15.075352, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.349344, "energy": 37.268111, "activity_lines": [ 34.020001, 34.724546, 35.744048, 35.578925 ] }, { "date": "2024-12-20", "close": 32.650002, "volume": 169000, "typical_volume": 786375.75, "trend": 35.32, "fair_value": 46.723128, "relative_strength": -14.944139, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.605447, "energy": 42.507795, "activity_lines": [ 33.526668, 34.227273, 35.468572, 35.405484 ] }, { "date": "2024-12-27", "close": 33.150002, "volume": 168000, "typical_volume": 784225.75, "trend": 35.253333, "fair_value": 46.406802, "relative_strength": -15.730941, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.158943, "energy": 38.881306, "activity_lines": [ 33.336668, 33.89091, 35.242382, 35.265484 ] }, { "date": "2025-01-03", "close": 33.450001, "volume": 43000, "typical_volume": 782975.75, "trend": 35.225, "fair_value": 46.050651, "relative_strength": -12.822232, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.555703, "energy": 47.131566, "activity_lines": [ 33.323335, 33.681819, 35.03262, 35.14914 ] }, { "date": "2025-01-10", "close": 31.799999, "volume": 147000, "typical_volume": 780925.75, "trend": 35.098333, "fair_value": 45.787461, "relative_strength": -16.63469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.28592, "energy": 59.0706, "activity_lines": [ 32.746667, 33.250001, 34.650239, 34.928172 ] }, { "date": "2025-01-17", "close": 31.0, "volume": 214000, "typical_volume": 654475.75, "trend": 34.988334, "fair_value": 45.541409, "relative_strength": -18.365444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.431891, "energy": 64.852834, "activity_lines": [ 32.1, 32.764546, 34.187143, 34.663764 ] }, { "date": "2025-01-24", "close": 33.849998, "volume": 230000, "typical_volume": 362675.75, "trend": 34.938334, "fair_value": 45.352593, "relative_strength": -11.5376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.57113, "energy": 42.70844, "activity_lines": [ 32.579999, 32.87, 34.026905, 34.590323 ] }, { "date": "2025-02-07", "close": 32.900002, "volume": 325340, "typical_volume": 341242.75, "trend": 34.801667, "fair_value": 45.113154, "relative_strength": -13.079872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.488621, "energy": 38.283732, "activity_lines": [ 32.663333, 32.818182, 33.801191, 34.458818 ] }, { "date": "2025-02-14", "close": 33.450001, "volume": 174271, "typical_volume": 316056.3, "trend": 34.733334, "fair_value": 44.915093, "relative_strength": -9.647892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.894471, "energy": 26.755209, "activity_lines": [ 32.946667, 32.891819, 33.645953, 34.371613 ] }, { "date": "2025-02-21", "close": 34.049999, "volume": 185180, "typical_volume": 226365.3, "trend": 34.703334, "fair_value": 44.661316, "relative_strength": -9.540991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.526463, "energy": 20.55947, "activity_lines": [ 33.43, 33.070909, 33.580477, 34.327527 ] }, { "date": "2025-02-28", "close": 33.5, "volume": 173010, "typical_volume": 224765.8, "trend": 34.688334, "fair_value": 44.408467, "relative_strength": -7.704026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.918754, "energy": 17.494478, "activity_lines": [ 33.58, 33.162727, 33.484762, 34.249893 ] }, { "date": "2025-03-07", "close": 32.75, "volume": 228000, "typical_volume": 220365.8, "trend": 34.68, "fair_value": 44.200353, "relative_strength": -7.203242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.015004, "energy": 18.001472, "activity_lines": [ 33.313333, 33.120909, 33.348334, 34.124839 ] }, { "date": "2025-03-14", "close": 32.0, "volume": 71000, "typical_volume": 215515.8, "trend": 34.726667, "fair_value": 43.987431, "relative_strength": -6.283919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.253486, "energy": 29.835321, "activity_lines": [ 32.87, 32.940909, 33.158334, 33.951936 ] }, { "date": "2025-03-21", "close": 31.950001, "volume": 87003, "typical_volume": 208165.95, "trend": 34.785, "fair_value": 43.800351, "relative_strength": -7.172555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.289788, "energy": 42.079606, "activity_lines": [ 32.47, 32.772727, 32.988096, 33.772796 ] }, { "date": "2025-03-28", "close": 29.6, "volume": 261020, "typical_volume": 216516.95, "trend": 34.743334, "fair_value": 43.578168, "relative_strength": -11.116235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.847571, "energy": 71.002246, "activity_lines": [ 31.386667, 32.204546, 32.621429, 33.43828 ] }, { "date": "2025-04-04", "close": 30.5, "volume": 279000, "typical_volume": 219716.95, "trend": 34.506667, "fair_value": 43.353404, "relative_strength": -6.797761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.947289, "energy": 70.389131, "activity_lines": [ 30.9, 31.84, 32.375, 33.164516 ] }, { "date": "2025-04-11", "close": 20.0, "volume": 2421517, "typical_volume": 325442.8, "trend": 33.87, "fair_value": 43.061332, "relative_strength": -32.797314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.969348, "energy": 93.253338, "activity_lines": [ 27.113333, 29.575455, 31.15, 32.228602 ] }, { "date": "2025-04-18", "close": 22.200001, "volume": 944075, "typical_volume": 369370.8, "trend": 33.386667, "fair_value": 42.796166, "relative_strength": -24.379169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.580337, "energy": 95.429551, "activity_lines": [ 24.91, 27.962728, 30.204524, 31.475699 ] }, { "date": "2025-04-25", "close": 20.950001, "volume": 275437, "typical_volume": 377842.65, "trend": 32.741667, "fair_value": 42.5575, "relative_strength": -29.766956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.749318, "energy": 94.516125, "activity_lines": [ 22.943334, 26.317273, 29.197619, 30.673334 ] }, { "date": "2025-05-02", "close": 21.700001, "volume": 360268, "typical_volume": 349106.05, "trend": 32.175, "fair_value": 42.321415, "relative_strength": -29.91459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.226177, "energy": 90.041032, "activity_lines": [ 21.960001, 25.035455, 28.320715, 29.960968 ] }, { "date": "2025-05-09", "close": 21.0, "volume": 197000, "typical_volume": 347656.05, "trend": 31.543334, "fair_value": 42.10478, "relative_strength": -32.034457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.266081, "energy": 89.539876, "activity_lines": [ 21.270001, 23.85091, 27.439286, 29.24 ] }, { "date": "2025-05-16", "close": 23.4, "volume": 945092, "typical_volume": 386460.65, "trend": 31.106667, "fair_value": 41.892952, "relative_strength": -27.006438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.375204, "energy": 66.330986, "activity_lines": [ 22.013334, 23.33, 26.846667, 28.714624 ] }, { "date": "2025-05-23", "close": 23.75, "volume": 384050, "typical_volume": 397263.15, "trend": 30.66, "fair_value": 41.680585, "relative_strength": -24.815533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.871702, "energy": 58.828544, "activity_lines": [ 22.646667, 23.042728, 26.331429, 28.24 ] }, { "date": "2025-05-30", "close": 23.299999, "volume": 1103121, "typical_volume": 450269.2, "trend": 30.18, "fair_value": 41.461993, "relative_strength": -24.741991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.864086, "energy": 47.065527, "activity_lines": [ 23.026666, 22.823636, 25.818095, 27.765162 ] }, { "date": "2025-06-06", "close": 22.799999, "volume": 902041, "typical_volume": 488021.25, "trend": 29.711667, "fair_value": 41.248545, "relative_strength": -26.833022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.296871, "energy": 38.163107, "activity_lines": [ 23.083333, 22.670909, 25.305476, 27.289032 ] }, { "date": "2025-06-13", "close": 21.85, "volume": 190000, "typical_volume": 486821.25, "trend": 29.273334, "fair_value": 41.010639, "relative_strength": -30.654358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.627105, "energy": 40.623227, "activity_lines": [ 22.75, 22.469091, 24.745238, 26.781828 ] }, { "date": "2025-06-20", "close": 20.299999, "volume": 215530, "typical_volume": 486097.75, "trend": 28.793334, "fair_value": 40.759456, "relative_strength": -34.914457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.561174, "energy": 49.567328, "activity_lines": [ 21.843333, 22.142727, 24.080952, 26.202903 ] }, { "date": "2025-06-27", "close": 20.4, "volume": 215000, "typical_volume": 480580.75, "trend": 28.33, "fair_value": 40.541201, "relative_strength": -35.641575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.916407, "energy": 52.003152, "activity_lines": [ 21.176666, 21.829091, 23.490714, 25.661398 ] }, { "date": "2025-07-04", "close": 26.450001, "volume": 2635619, "typical_volume": 603648.15, "trend": 28.103334, "fair_value": 40.348368, "relative_strength": -16.018147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.771618, "energy": 28.536177, "activity_lines": [ 22.75, 22.648182, 23.536191, 25.540108 ] }, { "date": "2025-07-11", "close": 33.5, "volume": 8378521, "typical_volume": 1013315.2, "trend": 28.061667, "fair_value": 40.234683, "relative_strength": 5.557625, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 16.912133, "energy": 22.571751, "activity_lines": [ 26.463333, 24.649091, 24.286429, 25.88828 ] }, { "date": "2025-07-18", "close": 33.150002, "volume": 1141837, "typical_volume": 1061756.55, "trend": 28.045, "fair_value": 40.133784, "relative_strength": 1.72455, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.300709, "energy": 48.861345, "activity_lines": [ 29.346667, 26.371818, 25.005953, 26.216559 ] }, { "date": "2025-07-25", "close": 31.5, "volume": 825679, "typical_volume": 1091640.5, "trend": 28.006667, "fair_value": 40.002147, "relative_strength": -3.020158, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.456599, "energy": 56.710289, "activity_lines": [ 30.926667, 27.573637, 25.57, 26.439463 ] }, { "date": "2025-08-01", "close": 33.599998, "volume": 6340590, "typical_volume": 1405120.0, "trend": 28.021667, "fair_value": 39.854307, "relative_strength": 3.280565, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.700865, "energy": 70.096124, "activity_lines": [ 32.46, 29.01, 26.34, 26.800323 ] }, { "date": "2025-08-08", "close": 30.1, "volume": 1361519, "typical_volume": 1468845.8, "trend": 27.91, "fair_value": 39.646499, "relative_strength": -9.396868, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.369743, "energy": 59.240208, "activity_lines": [ 31.946666, 29.630909, 26.769048, 26.934409 ] }, { "date": "2025-08-15", "close": 27.700001, "volume": 1048560, "typical_volume": 1508222.8, "trend": 27.773333, "fair_value": 39.442072, "relative_strength": -17.36446, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.447946, "energy": 31.868751, "activity_lines": [ 30.39, 29.691818, 26.978333, 26.92086 ] }, { "date": "2025-08-22", "close": 29.1, "volume": 1417283, "typical_volume": 1565136.95, "trend": 27.71, "fair_value": 39.239961, "relative_strength": -10.948098, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.5808, "energy": 18.36487, "activity_lines": [ 29.686667, 29.918182, 27.33, 27.006452 ] }, { "date": "2025-08-29", "close": 29.4, "volume": 510013, "typical_volume": 1469561.75, "trend": 27.561667, "fair_value": 39.021611, "relative_strength": -11.548416, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.105043, "energy": 10.999048, "activity_lines": [ 29.353333, 30.067273, 27.716905, 27.115484 ] }, { "date": "2025-09-05", "close": 28.25, "volume": 292027, "typical_volume": 1436959.35, "trend": 27.406667, "fair_value": 38.791047, "relative_strength": -15.279827, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 7.144569, "energy": 11.401267, "activity_lines": [ 28.776667, 29.841818, 27.949524, 27.159893 ] }, { "date": "2025-09-12", "close": 26.75, "volume": 195200, "typical_volume": 1432947.5, "trend": 27.183333, "fair_value": 38.547841, "relative_strength": -22.011774, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.358158, "energy": 7.784323, "activity_lines": [ 28.056667, 29.200909, 28.010476, 27.117527 ] }, { "date": "2025-09-19", "close": 26.700001, "volume": 287000, "typical_volume": 1429284.1, "trend": 26.938333, "fair_value": 38.34669, "relative_strength": -21.754907, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.688984, "energy": 15.980282, "activity_lines": [ 27.543334, 28.545455, 28.039048, 27.086344 ] }, { "date": "2025-09-26", "close": 25.799999, "volume": 174050, "typical_volume": 1428136.6, "trend": 26.681667, "fair_value": 38.147034, "relative_strength": -23.504928, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.038166, "energy": 12.279238, "activity_lines": [ 26.796667, 27.85, 27.958095, 27.012903 ] }, { "date": "2025-10-03", "close": 25.200001, "volume": 143010, "typical_volume": 1388032.5, "trend": 26.43, "fair_value": 37.951402, "relative_strength": -27.786305, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.537096, "energy": 23.094663, "activity_lines": [ 26.07, 27.179091, 27.797143, 26.917312 ] }, { "date": "2025-10-10", "close": 25.25, "volume": 198020, "typical_volume": 1378731.0, "trend": 26.205, "fair_value": 37.777279, "relative_strength": -28.158483, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.400756, "energy": 33.110797, "activity_lines": [ 25.64, 26.631818, 27.632381, 26.841183 ] }, { "date": "2025-10-17", "close": 23.9, "volume": 215000, "typical_volume": 1334324.95, "trend": 25.936667, "fair_value": 37.56726, "relative_strength": -31.262975, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.555129, "energy": 47.09025, "activity_lines": [ 24.96, 25.990909, 27.331905, 26.692473 ] }, { "date": "2025-10-24", "close": 23.75, "volume": 636112, "typical_volume": 1321028.5, "trend": 25.741667, "fair_value": 37.403499, "relative_strength": -31.521145, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.486677, "energy": 48.949722, "activity_lines": [ 24.42, 25.435455, 27.014286, 26.551398 ] }, { "date": "2025-10-31", "close": 22.549999, "volume": 239000, "typical_volume": 1323478.5, "trend": 25.476667, "fair_value": 37.232045, "relative_strength": -35.795906, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.695655, "energy": 57.47614, "activity_lines": [ 23.676666, 24.733636, 26.577857, 26.345484 ] }, { "date": "2025-11-07", "close": 20.700001, "volume": 210130, "typical_volume": 1323208.5, "trend": 25.5, "fair_value": 37.054181, "relative_strength": -39.003398, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.224523, "energy": 71.722281, "activity_lines": [ 22.533333, 23.814546, 25.961905, 26.037312 ] }, { "date": "2025-11-14", "close": 21.799999, "volume": 216000, "typical_volume": 1323258.5, "trend": 25.486667, "fair_value": 36.845229, "relative_strength": -34.457807, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.513079, "energy": 68.57683, "activity_lines": [ 22.056666, 23.253636, 25.44881, 25.798602 ] }, { "date": "2025-11-21", "close": 20.15, "volume": 77000, "typical_volume": 1195327.55, "trend": 25.46, "fair_value": 36.625701, "relative_strength": -36.443971, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.958858, "energy": 89.016378, "activity_lines": [ 21.26, 22.51, 24.771905, 25.454301 ] }, { "date": "2025-11-28", "close": 21.65, "volume": 276110, "typical_volume": 790207.0, "trend": 25.458333, "fair_value": 36.42063, "relative_strength": -33.901411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.376774, "energy": 81.000367, "activity_lines": [ 21.213333, 22.159091, 24.267857, 25.208495 ] }, { "date": "2025-12-05", "close": 22.1, "volume": 252016, "typical_volume": 745715.95, "trend": 25.495, "fair_value": 36.225104, "relative_strength": -32.612967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.391802, "energy": 68.117868, "activity_lines": [ 21.456667, 21.981818, 23.863095, 24.991828 ] }, { "date": "2025-12-12", "close": 21.4, "volume": 88600, "typical_volume": 708862.0, "trend": 25.428333, "fair_value": 35.978477, "relative_strength": -34.454719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.810135, "energy": 57.346465, "activity_lines": [ 21.496667, 21.744545, 23.444286, 24.727634 ] }, { "date": "2025-12-19", "close": 21.450001, "volume": 99000, "typical_volume": 396782.5, "trend": 25.351667, "fair_value": 35.766676, "relative_strength": -32.339224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.208293, "energy": 48.916885, "activity_lines": [ 21.506667, 21.585455, 23.078333, 24.470968 ] }, { "date": "2025-12-26", "close": 21.25, "volume": 180050, "typical_volume": 337709.05, "trend": 25.283333, "fair_value": 35.569939, "relative_strength": -34.20729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.526073, "energy": 44.378538, "activity_lines": [ 21.473334, 21.459091, 22.751191, 24.206344 ] }, { "date": "2026-01-02", "close": 23.4, "volume": 315200, "typical_volume": 301041.05, "trend": 25.303333, "fair_value": 35.406355, "relative_strength": -28.750568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.985792, "energy": 33.523486, "activity_lines": [ 22.083334, 21.771818, 22.670952, 24.084839 ] }, { "date": "2026-01-09", "close": 27.450001, "volume": 4849776, "typical_volume": 472665.7, "trend": 25.49, "fair_value": 35.272366, "relative_strength": -18.232117, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.249492, "energy": 14.590134, "activity_lines": [ 23.926667, 22.827273, 22.996905, 24.223333 ] }, { "date": "2026-01-16", "close": 29.25, "volume": 1205290, "typical_volume": 507429.55, "trend": 25.788333, "fair_value": 35.140834, "relative_strength": -15.314381, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 39.352468, "energy": 41.922529, "activity_lines": [ 26.013334, 24.120909, 23.502143, 24.465914 ] }, { "date": "2026-01-23", "close": 25.950001, "volume": 1247235, "typical_volume": 555189.95, "trend": 25.973334, "fair_value": 34.998439, "relative_strength": -25.480992, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.896123, "energy": 36.952406, "activity_lines": [ 26.476667, 24.659091, 23.69381, 24.476344 ] }, { "date": "2026-01-30", "close": 30.85, "volume": 2298105, "typical_volume": 660335.2, "trend": 26.12, "fair_value": 34.897444, "relative_strength": -10.943096, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.70996, "energy": 55.35645, "activity_lines": [ 28.273334, 26.012728, 24.363095, 24.790968 ] }, { "date": "2026-02-06", "close": 28.200001, "volume": 8981272, "typical_volume": 1095048.8, "trend": 25.943334, "fair_value": 34.750101, "relative_strength": -17.115362, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.246988, "energy": 53.949355, "activity_lines": [ 28.546667, 26.69, 24.760476, 24.925162 ] }, { "date": "2026-02-13", "close": 27.0, "volume": 581395, "typical_volume": 1115416.05, "trend": 25.738333, "fair_value": 34.606567, "relative_strength": -24.071994, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.625609, "energy": 33.492276, "activity_lines": [ 28.1, 27.03, 25.036429, 24.993334 ] }, { "date": "2026-02-27", "close": 30.6, "volume": 2096307, "typical_volume": 1213080.9, "trend": 25.708333, "fair_value": 34.47582, "relative_strength": -17.487315, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.577015, "energy": 39.205864, "activity_lines": [ 28.883334, 27.935455, 25.649524, 25.306989 ] }, { "date": "2026-03-06", "close": 27.450001, "volume": 987703, "typical_volume": 1252565.05, "trend": 25.503334, "fair_value": 34.334565, "relative_strength": -21.060727, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.026536, "energy": 25.285627, "activity_lines": [ 28.526667, 28.10091, 25.936905, 25.419355 ] }, { "date": "2026-03-13", "close": 26.200001, "volume": 508262, "typical_volume": 1267228.15, "trend": 25.373334, "fair_value": 34.180455, "relative_strength": -23.255959, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.140221, "energy": 24.207531, "activity_lines": [ 27.653334, 27.930001, 26.094762, 25.464301 ] }, { "date": "2026-03-20", "close": 25.450001, "volume": 420100, "typical_volume": 1256427.55, "trend": 25.298334, "fair_value": 34.018511, "relative_strength": -24.78417, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.733922, "energy": 18.251975, "activity_lines": [ 26.840001, 27.532728, 26.170239, 25.469248 ] }, { "date": "2026-03-27", "close": 25.4, "volume": 358200, "typical_volume": 1262387.55, "trend": 25.175, "fair_value": 33.874407, "relative_strength": -22.967997, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.211926, "energy": 18.169004, "activity_lines": [ 26.193334, 27.089091, 26.232858, 25.475807 ] }, { "date": "2026-04-03", "close": 24.1, "volume": 171060, "typical_volume": 1260434.05, "trend": 24.998334, "fair_value": 33.7141, "relative_strength": -24.782947, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.750679, "energy": 16.142408, "activity_lines": [ 25.22, 26.446364, 26.158096, 25.406452 ] }, { "date": "2026-04-10", "close": 22.950001, "volume": 299267, "typical_volume": 1264597.4, "trend": 24.821667, "fair_value": 33.554291, "relative_strength": -33.101123, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.522032, "energy": 22.056408, "activity_lines": [ 24.296667, 25.688182, 25.95762, 25.274301 ] }, { "date": "2026-04-17", "close": 25.4, "volume": 806249, "typical_volume": 1301059.85, "trend": 24.776667, "fair_value": 33.405949, "relative_strength": -28.273074, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.078955, "energy": 17.411482, "activity_lines": [ 24.49, 25.43, 25.985, 25.311613 ] }, { "date": "2026-04-24", "close": 24.5, "volume": 599076, "typical_volume": 1317208.15, "trend": 24.703334, "fair_value": 33.248812, "relative_strength": -33.915625, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.342865, "energy": 16.622123, "activity_lines": [ 24.436667, 25.107273, 25.901667, 25.293764 ] }, { "date": "2026-05-01", "close": 24.299999, "volume": 191441, "typical_volume": 1314179.4, "trend": 24.653334, "fair_value": 33.103711, "relative_strength": -33.871186, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.775256, "energy": 19.507948, "activity_lines": [ 24.38, 24.815455, 25.785715, 25.267742 ] }, { "date": "2026-05-08", "close": 25.700001, "volume": 1147349, "typical_volume": 1367116.85, "trend": 24.67, "fair_value": 32.990588, "relative_strength": -33.98893, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.65099, "energy": 10.079976, "activity_lines": [ 24.863333, 24.827273, 25.792619, 25.335269 ] }, { "date": "2026-05-15", "close": 25.15, "volume": 959181, "typical_volume": 1410125.9, "trend": 24.666667, "fair_value": 32.868794, "relative_strength": -34.192715, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.202139, "energy": 10.558411, "activity_lines": [ 25.056667, 24.828182, 25.726667, 25.366237 ] }, { "date": "2026-05-22", "close": 26.25, "volume": 658018, "typical_volume": 1434024.3, "trend": 24.745, "fair_value": 32.739522, "relative_strength": -32.464915, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.404506, "energy": 15.425128, "activity_lines": [ 25.47, 25.070909, 25.747857, 25.468387 ] }, { "date": "2026-05-29", "close": 27.049999, "volume": 1627062, "typical_volume": 1499617.4, "trend": 24.855, "fair_value": 32.618708, "relative_strength": -33.557706, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.068751, "energy": 24.228307, "activity_lines": [ 26.093333, 25.458182, 25.821429, 25.617097 ] }, { "date": "2026-06-05", "close": 27.85, "volume": 1400451, "typical_volume": 1327151.15, "trend": 25.031667, "fair_value": 32.504535, "relative_strength": -31.419449, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 57.222231, "energy": 38.895273, "activity_lines": [ 26.813333, 25.961818, 25.95381, 25.810323 ] }, { "date": "2026-06-12", "close": 26.0, "volume": 524000, "typical_volume": 1293086.65, "trend": 25.208334, "fair_value": 32.373963, "relative_strength": -34.014304, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.553268, "energy": 30.660917, "activity_lines": [ 26.68, 26.084545, 25.908095, 25.872796 ] }, { "date": "2026-06-19", "close": 26.200001, "volume": 285040, "typical_volume": 1244976.9, "trend": 25.355, "fair_value": 32.249214, "relative_strength": -36.206717, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.657406, "energy": 26.767521, "activity_lines": [ 26.593334, 26.209091, 25.896905, 25.936774 ] }, { "date": "2026-06-26", "close": 26.65, "volume": 890005, "typical_volume": 1174571.9, "trend": 25.571667, "fair_value": 32.137338, "relative_strength": -31.875913, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.364943, "energy": 23.134113, "activity_lines": [ 26.586667, 26.356364, 25.927381, 26.020323 ] }, { "date": "2026-07-03", "close": 27.049999, "volume": 255105, "typical_volume": 738263.55, "trend": 25.751667, "fair_value": 32.027118, "relative_strength": -33.645504, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.447004, "energy": 19.672763, "activity_lines": [ 26.686667, 26.553636, 26.015952, 26.115699 ] }, { "date": "2026-07-10", "close": 25.75, "volume": 168000, "typical_volume": 717593.8, "trend": 25.873334, "fair_value": 31.907051, "relative_strength": -33.966317, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.532983, "energy": 10.478222, "activity_lines": [ 26.353333, 26.468182, 25.98619, 26.115592 ] }, { "date": "2026-07-17", "close": 24.200001, "volume": 336015, "typical_volume": 629579.2, "trend": 25.966667, "fair_value": 31.781891, "relative_strength": -32.675356, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.06491, "energy": 10.824009, "activity_lines": [ 25.643334, 26.074546, 25.814762, 26.007635 ] }, { "date": "2026-07-24", "close": 23.5, "volume": 312001, "typical_volume": 595794.1, "trend": 26.035, "fair_value": 31.664049, "relative_strength": -34.786566, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.845854, "energy": 41.181089, "activity_lines": [ 24.82, 25.580909, 25.607143, 25.848495 ] }, { "date": "2026-07-31", "close": 22.299999, "volume": 156000, "typical_volume": 578181.0, "trend": 26.07, "fair_value": 31.533975, "relative_strength": -36.111761, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.124864, "energy": 62.493589, "activity_lines": [ 23.776666, 24.899091, 25.304048, 25.607527 ] }, { "date": "2026-08-07", "close": 23.299999, "volume": 709000, "typical_volume": 592626.0, "trend": 26.066667, "fair_value": 31.411539, "relative_strength": -33.483231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.764745, "energy": 65.414648, "activity_lines": [ 23.356666, 24.470909, 25.114762, 25.428817 ] }, { "date": "2026-08-14", "close": 23.549999, "volume": 207000, "typical_volume": 585066.0, "trend": 25.936667, "fair_value": 31.288141, "relative_strength": -33.909935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.576651, "energy": 65.116097, "activity_lines": [ 23.269999, 24.156363, 24.959524, 25.266452 ] } ], "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." } } }