{ "ticker": { "uuid": "beb4e20d-1822-41fa-b5f7-222188fd5257", "symbol": "TFL", "name": "Transwarranty Finance Limited", "exchange": "NSI", "country": "IN", "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": "^NSEI", "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": -57.462, "architecture_energy": 55.51, "architecture_maturity": 41.896, "architecture_confidence": 88.173, "architecture_tenure": "Established", "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": 20.2, "rotation_up": 13.67, "upward_expansion": 11.15, "deceleration": 39.65, "rotation_down": 62.44, "downward_expansion": 84.49 }, "activity_lines": [ 11.19, 11.449818, 11.836143, 12.084151 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 11.6, "trend_reference": 12.523, "distance_from_trend": -0.073704, "trend_direction": "Weakening", "fair_value": 16.478526, "distance_from_fair_value": -0.296054, "fair_value_direction": "Weakening", "relative_strength": -12.595881, "relative_strength_direction": "Weakening", "price_momentum": -0.158811, "excess_performance": -0.115102, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.073704, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.064703, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.296054, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.069752, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.125959, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.017534, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.158811, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.211282, "read": "Demand-led" } ], "volume": { "latest": 34245, "relative_activity": 0.408826, "balance": 1.211282, "dry_up": 0.577762, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.09443, "annualized_volatility": 0.314816, "from_high_reference": -0.372973, "from_low_reference": 0.136141 }, "levels": { "trend_reference": 12.523, "fair_value_reference": 16.478526, "structural_low": 10.21, "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": 14, "median_return": 0.0, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.017275, "regime_survival": 0.785714, "best_return": 0.319445, "worst_return": -0.320249, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.121538, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.137146, "regime_survival": 0.4, "best_return": 0.494993, "worst_return": -0.357241, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.03908, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.024738, "regime_survival": 0.333333, "best_return": 0.477991, "worst_return": -0.042308, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.051972, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.090902, "regime_survival": 0.0, "best_return": 0.363714, "worst_return": -0.25977, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-01-12", "tenure": "Developing", "return": -0.16955, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-19", "end": "2024-05-03", "tenure": "Established", "return": 0.188841, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-10", "end": "2024-10-25", "tenure": "Established", "return": 0.826582, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": -0.197382, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": 0.1417, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": -0.036892, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-06-06", "tenure": "Established", "return": -0.286897, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": -0.020883, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-01", "tenure": "Developing", "return": -0.237799, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-10-03", "tenure": "Developing", "return": -0.175943, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": -0.010669, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2025-12-19", "tenure": "Developing", "return": 0.074615, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-04-03", "tenure": "Established", "return": -0.241986, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.051513, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.95, "volume": 55428, "typical_volume": 353784.15, "trend": 9.538333, "fair_value": 6.674953, "relative_strength": -3.461955, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.188607, "energy": 19.140589, "activity_lines": [ 10.123333, 10.153636, 9.816905, 9.674301 ] }, { "date": "2023-08-25", "close": 10.0, "volume": 47909, "typical_volume": 353172.15, "trend": 9.556667, "fair_value": 6.718312, "relative_strength": -2.333104, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.34593, "energy": 14.562712, "activity_lines": [ 10.056667, 10.158182, 9.854048, 9.704086 ] }, { "date": "2023-09-01", "close": 10.45, "volume": 2094597, "typical_volume": 413032.95, "trend": 9.595, "fair_value": 6.765141, "relative_strength": 1.248717, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.362027, "energy": 16.945244, "activity_lines": [ 10.153333, 10.226364, 9.929286, 9.76172 ] }, { "date": "2023-09-08", "close": 10.45, "volume": 327510, "typical_volume": 425079.45, "trend": 9.621667, "fair_value": 6.812554, "relative_strength": -0.67307, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.444292, "energy": 21.228826, "activity_lines": [ 10.273333, 10.267273, 10.000952, 9.816882 ] }, { "date": "2023-09-15", "close": 10.25, "volume": 269642, "typical_volume": 433870.45, "trend": 9.658333, "fair_value": 6.86073, "relative_strength": -4.490095, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.567648, "energy": 20.671119, "activity_lines": [ 10.29, 10.249091, 10.049048, 9.857419 ] }, { "date": "2023-09-22", "close": 10.1, "volume": 84580, "typical_volume": 434116.0, "trend": 9.686667, "fair_value": 6.905899, "relative_strength": -3.512055, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.878964, "energy": 20.029055, "activity_lines": [ 10.25, 10.215455, 10.079048, 9.885914 ] }, { "date": "2023-09-29", "close": 10.05, "volume": 1578183, "typical_volume": 507403.95, "trend": 9.703333, "fair_value": 6.953961, "relative_strength": -3.85052, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.420978, "energy": 14.358968, "activity_lines": [ 10.183333, 10.183636, 10.099762, 9.909355 ] }, { "date": "2023-10-06", "close": 10.0, "volume": 114663, "typical_volume": 511362.5, "trend": 9.706667, "fair_value": 7.000534, "relative_strength": -4.441961, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.751679, "energy": 12.51046, "activity_lines": [ 10.096667, 10.145455, 10.111667, 9.928495 ] }, { "date": "2023-10-13", "close": 9.95, "volume": 139578, "typical_volume": 515344.75, "trend": 9.716667, "fair_value": 7.046787, "relative_strength": -5.461433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.175098, "energy": 9.257223, "activity_lines": [ 10.023333, 10.112727, 10.114524, 9.944194 ] }, { "date": "2023-10-20", "close": 9.6, "volume": 180231, "typical_volume": 522735.4, "trend": 9.731667, "fair_value": 7.091673, "relative_strength": -7.653857, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.271528, "energy": 7.80703, "activity_lines": [ 9.866667, 10.015455, 10.079762, 9.936667 ] }, { "date": "2023-10-27", "close": 9.25, "volume": 187324, "typical_volume": 529020.8, "trend": 9.743333, "fair_value": 7.134023, "relative_strength": -8.320189, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.789159, "energy": 19.20441, "activity_lines": [ 9.636667, 9.864545, 10.009524, 9.905591 ] }, { "date": "2023-11-03", "close": 9.45, "volume": 92521, "typical_volume": 529930.75, "trend": 9.758333, "fair_value": 7.178239, "relative_strength": -6.726802, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.135699, "energy": 23.315128, "activity_lines": [ 9.53, 9.762727, 9.957857, 9.886667 ] }, { "date": "2023-11-10", "close": 9.65, "volume": 195646, "typical_volume": 535641.4, "trend": 9.756667, "fair_value": 7.224322, "relative_strength": -5.343446, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.647499, "energy": 22.497111, "activity_lines": [ 9.53, 9.707273, 9.923095, 9.879677 ] }, { "date": "2023-11-17", "close": 10.3, "volume": 358559, "typical_volume": 538706.95, "trend": 9.783333, "fair_value": 7.274571, "relative_strength": -0.418458, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.420802, "energy": 4.2462, "activity_lines": [ 9.77, 9.784545, 9.946905, 9.914731 ] }, { "date": "2023-11-24", "close": 10.05, "volume": 217108, "typical_volume": 411388.8, "trend": 9.803333, "fair_value": 7.324386, "relative_strength": -2.96138, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.146529, "energy": 11.392967, "activity_lines": [ 9.903333, 9.819091, 9.941667, 9.931935 ] }, { "date": "2023-12-01", "close": 11.8, "volume": 2129697, "typical_volume": 432839.35, "trend": 9.891667, "fair_value": 7.38542, "relative_strength": 11.20258, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.351849, "energy": 42.08164, "activity_lines": [ 10.59, 10.175455, 10.107143, 10.060753 ] }, { "date": "2023-12-08", "close": 14.45, "volume": 7612163, "typical_volume": 809440.7, "trend": 10.066667, "fair_value": 7.46344, "relative_strength": 31.061938, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.466354, "energy": 78.905899, "activity_lines": [ 11.99, 10.982727, 10.519762, 10.354839 ] }, { "date": "2023-12-15", "close": 13.35, "volume": 355163, "typical_volume": 812854.9, "trend": 10.208333, "fair_value": 7.533825, "relative_strength": 18.130263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.480822, "energy": 80.697778, "activity_lines": [ 12.69, 11.51, 10.807381, 10.566667 ] }, { "date": "2023-12-22", "close": 12.4, "volume": 207046, "typical_volume": 818413.9, "trend": 10.32, "fair_value": 7.597536, "relative_strength": 10.130126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.049775, "energy": 76.847453, "activity_lines": [ 12.826667, 11.803636, 10.992381, 10.708065 ] }, { "date": "2023-12-29", "close": 12.4, "volume": 101834, "typical_volume": 817469.1, "trend": 10.428333, "fair_value": 7.661247, "relative_strength": 8.089534, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.170339, "energy": 73.708611, "activity_lines": [ 12.823333, 12.052727, 11.165476, 10.842258 ] }, { "date": "2024-01-05", "close": 12.3, "volume": 100278, "typical_volume": 819711.6, "trend": 10.533333, "fair_value": 7.724024, "relative_strength": 7.239064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.155772, "energy": 44.514343, "activity_lines": [ 12.63, 12.232727, 11.318333, 10.963011 ] }, { "date": "2024-01-12", "close": 12.0, "volume": 133039, "typical_volume": 823968.1, "trend": 10.633333, "fair_value": 7.783126, "relative_strength": 3.768211, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.172046, "energy": 32.757209, "activity_lines": [ 12.303333, 12.302727, 11.431429, 11.057634 ] }, { "date": "2024-01-19", "close": 11.65, "volume": 116855, "typical_volume": 725081.0, "trend": 10.723333, "fair_value": 7.840276, "relative_strength": 2.06875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.060363, "energy": 22.594298, "activity_lines": [ 12.023333, 12.262727, 11.501667, 11.123226 ] }, { "date": "2024-01-26", "close": 11.6, "volume": 34412, "typical_volume": 710426.1, "trend": 10.803333, "fair_value": 7.897982, "relative_strength": 2.890626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.719236, "energy": 18.315889, "activity_lines": [ 11.84, 12.177273, 11.561429, 11.179785 ] }, { "date": "2024-02-02", "close": 11.6, "volume": 107783, "typical_volume": 702333.15, "trend": 10.826667, "fair_value": 7.955396, "relative_strength": 0.494631, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.05727, "energy": 18.348493, "activity_lines": [ 11.71, 12.068182, 11.615714, 11.231183 ] }, { "date": "2024-02-09", "close": 10.9, "volume": 111020, "typical_volume": 703655.15, "trend": 10.833333, "fair_value": 8.010076, "relative_strength": -5.122364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.970381, "energy": 15.617871, "activity_lines": [ 11.4, 11.803636, 11.596905, 11.235914 ] }, { "date": "2024-02-16", "close": 10.95, "volume": 90341, "typical_volume": 629263.05, "trend": 10.858333, "fair_value": 8.065953, "relative_strength": -5.758668, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.427039, "energy": 11.827535, "activity_lines": [ 11.2, 11.564545, 11.579048, 11.243441 ] }, { "date": "2024-02-23", "close": 11.65, "volume": 115976, "typical_volume": 629328.7, "trend": 10.886667, "fair_value": 8.126317, "relative_strength": -0.49187, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.919716, "energy": 12.270672, "activity_lines": [ 11.303333, 11.516364, 11.623571, 11.294516 ] }, { "date": "2024-03-01", "close": 11.1, "volume": 271658, "typical_volume": 635932.7, "trend": 10.926667, "fair_value": 8.183447, "relative_strength": -5.566537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.297045, "energy": 11.393275, "activity_lines": [ 11.223333, 11.399091, 11.607857, 11.30828 ] }, { "date": "2024-03-08", "close": 11.0, "volume": 60641, "typical_volume": 629953.2, "trend": 10.955, "fair_value": 8.239937, "relative_strength": -6.790452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.286905, "energy": 9.768154, "activity_lines": [ 11.143333, 11.287273, 11.577143, 11.313011 ] }, { "date": "2024-03-15", "close": 10.0, "volume": 52387, "typical_volume": 623206.35, "trend": 10.956667, "fair_value": 8.290016, "relative_strength": -13.103728, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.535479, "energy": 33.741469, "activity_lines": [ 10.77, 11.019091, 11.444524, 11.251398 ] }, { "date": "2024-03-22", "close": 11.95, "volume": 2920176, "typical_volume": 764589.1, "trend": 11.021667, "fair_value": 8.352887, "relative_strength": 3.492975, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 18.062385, "energy": 16.399407, "activity_lines": [ 11.106667, 11.147273, 11.494048, 11.315484 ] }, { "date": "2024-03-29", "close": 10.5, "volume": 440923, "typical_volume": 776852.95, "trend": 11.023333, "fair_value": 8.406171, "relative_strength": -9.861493, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.267671, "energy": 18.58491, "activity_lines": [ 10.893333, 11.012727, 11.393571, 11.281828 ] }, { "date": "2024-04-05", "close": 12.4, "volume": 2466894, "typical_volume": 882269.7, "trend": 11.088333, "fair_value": 8.471927, "relative_strength": 5.413024, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.581007, "energy": 15.301765, "activity_lines": [ 11.39, 11.244545, 11.47, 11.370645 ] }, { "date": "2024-04-12", "close": 11.45, "volume": 534320, "typical_volume": 898130.3, "trend": 11.128333, "fair_value": 8.532178, "relative_strength": -2.559807, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.936306, "energy": 16.48708, "activity_lines": [ 11.483333, 11.289091, 11.445952, 11.393978 ] }, { "date": "2024-04-19", "close": 11.1, "volume": 590416, "typical_volume": 821166.25, "trend": 11.161667, "fair_value": 8.590185, "relative_strength": -3.815828, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.515412, "energy": 8.001743, "activity_lines": [ 11.43, 11.272727, 11.381905, 11.392151 ] }, { "date": "2024-04-26", "close": 11.65, "volume": 680231, "typical_volume": 474569.65, "trend": 11.215, "fair_value": 8.650841, "relative_strength": -0.266126, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.419334, "energy": 14.228234, "activity_lines": [ 11.486667, 11.352727, 11.373571, 11.423656 ] }, { "date": "2024-05-03", "close": 13.85, "volume": 9951432, "typical_volume": 954383.1, "trend": 11.343333, "fair_value": 8.724723, "relative_strength": 17.795342, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 55.668464, "energy": 41.216939, "activity_lines": [ 12.296667, 11.82, 11.588095, 11.593656 ] }, { "date": "2024-05-10", "close": 15.8, "volume": 19401225, "typical_volume": 1914092.05, "trend": 11.538333, "fair_value": 8.810813, "relative_strength": 35.874026, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.116712, "energy": 65.239201, "activity_lines": [ 13.533333, 12.601818, 11.985952, 11.881183 ] }, { "date": "2024-05-17", "close": 18.200001, "volume": 863344, "typical_volume": 1952167.55, "trend": 11.825, "fair_value": 8.909074, "relative_strength": 51.931515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.83626, "energy": 80.650642, "activity_lines": [ 15.343334, 13.734546, 12.596191, 12.310968 ] }, { "date": "2024-05-24", "close": 20.549999, "volume": 1320650, "typical_volume": 2013186.15, "trend": 12.201667, "fair_value": 9.018016, "relative_strength": 65.457558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.702724, "energy": 91.063705, "activity_lines": [ 17.486667, 15.163636, 13.402619, 12.873871 ] }, { "date": "2024-05-31", "close": 22.4, "volume": 760915, "typical_volume": 2044579.95, "trend": 12.633333, "fair_value": 9.137942, "relative_strength": 80.553737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.999346, "energy": 96.082637, "activity_lines": [ 19.616667, 16.737273, 14.345952, 13.531828 ] }, { "date": "2024-06-07", "close": 20.75, "volume": 505706, "typical_volume": 2064022.5, "trend": 13.003333, "fair_value": 9.242908, "relative_strength": 59.581818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.002687, "energy": 89.450748, "activity_lines": [ 20.48, 17.820909, 15.082619, 14.055484 ] }, { "date": "2024-06-14", "close": 20.92, "volume": 459609, "typical_volume": 2085282.35, "trend": 13.357333, "fair_value": 9.349255, "relative_strength": 57.444011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.032632, "energy": 87.763139, "activity_lines": [ 20.94, 18.749091, 15.792143, 14.566237 ] }, { "date": "2024-06-21", "close": 22.620001, "volume": 143920, "typical_volume": 2087089.2, "trend": 13.776333, "fair_value": 9.467669, "relative_strength": 67.237686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.709814, "energy": 89.806566, "activity_lines": [ 21.625334, 19.831455, 16.619191, 15.163828 ] }, { "date": "2024-06-28", "close": 24.959999, "volume": 202947, "typical_volume": 2091685.55, "trend": 14.215, "fair_value": 9.602252, "relative_strength": 77.303994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.470494, "energy": 87.912747, "activity_lines": [ 22.796, 21.136182, 17.616619, 15.885355 ] }, { "date": "2024-07-05", "close": 26.440001, "volume": 734237, "typical_volume": 2123880.35, "trend": 14.614667, "fair_value": 9.740186, "relative_strength": 82.270751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.516157, "energy": 91.604321, "activity_lines": [ 24.166, 22.458, 18.688048, 16.674065 ] }, { "date": "2024-07-12", "close": 25.76, "volume": 189862, "typical_volume": 2127574.65, "trend": 15.028333, "fair_value": 9.865874, "relative_strength": 73.46907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.447535, "energy": 88.106035, "activity_lines": [ 25.04, 23.387273, 19.620952, 17.393118 ] }, { "date": "2024-07-19", "close": 24.719999, "volume": 34455, "typical_volume": 2115714.5, "trend": 15.439, "fair_value": 9.99103, "relative_strength": 63.719229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.688754, "energy": 80.306191, "activity_lines": [ 25.233333, 23.910909, 20.387619, 18.018387 ] }, { "date": "2024-07-26", "close": 25.0, "volume": 140904, "typical_volume": 2119727.65, "trend": 15.859, "fair_value": 10.120318, "relative_strength": 61.245318, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.227649, "energy": 66.105439, "activity_lines": [ 25.266666, 24.323273, 21.116095, 18.635226 ] }, { "date": "2024-08-02", "close": 31.879999, "volume": 483982, "typical_volume": 2141307.4, "trend": 16.511667, "fair_value": 10.29254, "relative_strength": 101.731927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.534031, "energy": 75.225399, "activity_lines": [ 27.434666, 25.862909, 22.433143, 19.668839 ] }, { "date": "2024-08-09", "close": 32.060001, "volume": 365876, "typical_volume": 2013592.4, "trend": 17.180333, "fair_value": 10.467376, "relative_strength": 100.990858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.864087, "energy": 84.196064, "activity_lines": [ 29.201333, 27.229273, 23.663143, 20.671957 ] }, { "date": "2024-08-16", "close": 30.76, "volume": 140269, "typical_volume": 1998559.7, "trend": 17.817333, "fair_value": 10.636801, "relative_strength": 87.41237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.124201, "energy": 86.999889, "activity_lines": [ 30.16, 28.183636, 24.673571, 21.548065 ] }, { "date": "2024-08-23", "close": 32.5, "volume": 69287, "typical_volume": 1878679.35, "trend": 18.514, "fair_value": 10.81884, "relative_strength": 91.414903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.41205, "energy": 91.424306, "activity_lines": [ 31.365333, 29.272364, 25.753238, 22.495333 ] }, { "date": "2024-08-30", "close": 34.450001, "volume": 53331, "typical_volume": 1854629.9, "trend": 19.275667, "fair_value": 11.013964, "relative_strength": 95.043778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.400073, "energy": 93.266296, "activity_lines": [ 32.702, 30.505091, 26.922905, 23.523462 ] }, { "date": "2024-09-06", "close": 33.200001, "volume": 116758, "typical_volume": 1830947.0, "trend": 20.019, "fair_value": 11.196693, "relative_strength": 86.720463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.630961, "energy": 73.312895, "activity_lines": [ 32.992001, 31.295455, 27.864, 24.421807 ] }, { "date": "2024-09-13", "close": 33.419998, "volume": 65184, "typical_volume": 1800194.65, "trend": 20.768, "fair_value": 11.376741, "relative_strength": 80.292001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.873875, "energy": 68.580264, "activity_lines": [ 33.267333, 31.976, 28.720809, 25.286387 ] }, { "date": "2024-09-20", "close": 36.740002, "volume": 312711, "typical_volume": 1318258.6, "trend": 21.604333, "fair_value": 11.578364, "relative_strength": 90.3024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.538194, "energy": 72.979152, "activity_lines": [ 34.558667, 33.133273, 29.790143, 26.316839 ] }, { "date": "2024-09-27", "close": 37.200001, "volume": 146585, "typical_volume": 355526.6, "trend": 22.474333, "fair_value": 11.780891, "relative_strength": 85.496346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.819445, "energy": 70.683633, "activity_lines": [ 35.604667, 34.174546, 30.794286, 27.323011 ] }, { "date": "2024-10-04", "close": 34.200001, "volume": 131725, "typical_volume": 318945.65, "trend": 23.247667, "fair_value": 11.961265, "relative_strength": 74.710112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.431397, "energy": 64.38542, "activity_lines": [ 35.337334, 34.443455, 31.41081, 28.079506 ] }, { "date": "2024-10-11", "close": 34.009998, "volume": 137530, "typical_volume": 259789.65, "trend": 24.048, "fair_value": 12.143927, "relative_strength": 70.492672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.430259, "energy": 57.243948, "activity_lines": [ 35.023333, 34.510546, 31.933048, 28.77385 ] }, { "date": "2024-10-18", "close": 31.940001, "volume": 130781, "typical_volume": 228282.95, "trend": 24.714333, "fair_value": 12.312736, "relative_strength": 57.81059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.892013, "energy": 39.618778, "activity_lines": [ 33.965334, 34.162546, 32.194048, 29.283011 ] }, { "date": "2024-10-25", "close": 28.860001, "volume": 149191, "typical_volume": 210457.2, "trend": 25.326333, "fair_value": 12.464138, "relative_strength": 44.153135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.566676, "energy": 20.83074, "activity_lines": [ 31.979334, 33.256728, 32.116286, 29.550473 ] }, { "date": "2024-11-01", "close": 29.030001, "volume": 85710, "typical_volume": 191762.25, "trend": 25.880667, "fair_value": 12.616338, "relative_strength": 41.947251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.38856, "energy": 21.811189, "activity_lines": [ 30.575334, 32.416364, 32.016096, 29.78942 ] }, { "date": "2024-11-08", "close": 26.92, "volume": 93840, "typical_volume": 189258.25, "trend": 26.396334, "fair_value": 12.748877, "relative_strength": 30.636102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.589594, "energy": 25.146132, "activity_lines": [ 29.012667, 31.255455, 31.676334, 29.856473 ] }, { "date": "2024-11-15", "close": 23.299999, "volume": 110811, "typical_volume": 184651.45, "trend": 26.803, "fair_value": 12.862008, "relative_strength": 14.815259, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.619728, "energy": 44.442432, "activity_lines": [ 26.728667, 29.573273, 30.971334, 29.65671 ] }, { "date": "2024-11-22", "close": 22.23, "volume": 127000, "typical_volume": 154289.6, "trend": 27.155667, "fair_value": 12.96536, "relative_strength": 6.820867, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.113185, "energy": 63.824334, "activity_lines": [ 24.802, 27.876546, 30.172334, 29.361678 ] }, { "date": "2024-11-29", "close": 23.49, "volume": 57908, "typical_volume": 147691.9, "trend": 27.477, "fair_value": 13.080002, "relative_strength": 10.870136, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.477273, "energy": 64.648825, "activity_lines": [ 23.942667, 26.612364, 29.513381, 29.125183 ] }, { "date": "2024-12-06", "close": 27.15, "volume": 96015, "typical_volume": 150769.9, "trend": 27.855333, "fair_value": 13.217813, "relative_strength": 24.187878, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.294099, "energy": 52.388859, "activity_lines": [ 24.661333, 26.254545, 29.21381, 29.104086 ] }, { "date": "2024-12-13", "close": 25.379999, "volume": 37732, "typical_volume": 145611.3, "trend": 28.094667, "fair_value": 13.339896, "relative_strength": 14.665564, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.298231, "energy": 33.997028, "activity_lines": [ 24.915333, 25.757636, 28.734095, 28.944387 ] }, { "date": "2024-12-20", "close": 23.040001, "volume": 12563, "typical_volume": 122040.35, "trend": 28.177667, "fair_value": 13.446978, "relative_strength": 8.380999, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.762597, "energy": 35.410663, "activity_lines": [ 24.492, 24.995636, 28.029714, 28.61828 ] }, { "date": "2024-12-27", "close": 22.190001, "volume": 117332, "typical_volume": 109613.15, "trend": 28.170667, "fair_value": 13.541893, "relative_strength": 2.60154, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.577674, "energy": 37.138566, "activity_lines": [ 23.802667, 24.278546, 27.286476, 28.231979 ] }, { "date": "2025-01-03", "close": 21.75, "volume": 45370, "typical_volume": 104868.2, "trend": 28.204, "fair_value": 13.622009, "relative_strength": -0.946716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.567868, "energy": 66.20045, "activity_lines": [ 22.969334, 23.658727, 26.548334, 27.817742 ] }, { "date": "2025-01-10", "close": 21.25, "volume": 37795, "typical_volume": 103293.6, "trend": 28.215, "fair_value": 13.683143, "relative_strength": -1.598479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.527342, "energy": 78.560823, "activity_lines": [ 22.085334, 23.077273, 25.805476, 27.369097 ] }, { "date": "2025-01-17", "close": 19.59, "volume": 57033, "typical_volume": 103478.7, "trend": 28.114, "fair_value": 13.735973, "relative_strength": -8.973048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.609508, "energy": 87.069723, "activity_lines": [ 21.041334, 22.335455, 24.958095, 26.812645 ] }, { "date": "2025-01-24", "close": 21.639999, "volume": 118703, "typical_volume": 103575.95, "trend": 28.003333, "fair_value": 13.802529, "relative_strength": 0.217435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.591886, "energy": 79.066024, "activity_lines": [ 21.066666, 22.099636, 24.376714, 26.394968 ] }, { "date": "2025-01-31", "close": 20.889999, "volume": 31985, "typical_volume": 101916.0, "trend": 27.818333, "fair_value": 13.869828, "relative_strength": -5.662911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.261701, "energy": 72.501206, "activity_lines": [ 20.935333, 21.757636, 23.778952, 25.936043 ] }, { "date": "2025-02-07", "close": 18.450001, "volume": 127150, "typical_volume": 92637.95, "trend": 27.574667, "fair_value": 13.925576, "relative_strength": -17.34107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.193879, "energy": 68.331936, "activity_lines": [ 20.077333, 20.996364, 23.008476, 25.331634 ] }, { "date": "2025-02-14", "close": 16.43, "volume": 115350, "typical_volume": 91076.2, "trend": 27.298333, "fair_value": 13.971005, "relative_strength": -24.702146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.012187, "energy": 70.991967, "activity_lines": [ 18.766, 19.959455, 22.132714, 24.612624 ] }, { "date": "2025-02-21", "close": 15.44, "volume": 236431, "typical_volume": 96311.5, "trend": 26.979667, "fair_value": 14.017684, "relative_strength": -29.044492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.423753, "energy": 86.044015, "activity_lines": [ 17.446, 18.937455, 21.261571, 23.84757 ] }, { "date": "2025-02-28", "close": 14.2, "volume": 128634, "typical_volume": 95866.7, "trend": 26.390334, "fair_value": 14.056121, "relative_strength": -32.959012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.935263, "energy": 91.4943, "activity_lines": [ 15.989333, 17.870727, 20.361667, 23.023075 ] }, { "date": "2025-03-07", "close": 13.28, "volume": 855970, "typical_volume": 132126.15, "trend": 25.764333, "fair_value": 14.088954, "relative_strength": -38.614912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.176862, "energy": 93.140819, "activity_lines": [ 14.722, 16.797454, 19.468476, 22.177247 ] }, { "date": "2025-03-14", "close": 12.37, "volume": 114180, "typical_volume": 130375.6, "trend": 25.151333, "fair_value": 14.114785, "relative_strength": -42.537962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.4169, "energy": 92.908139, "activity_lines": [ 13.658667, 15.720727, 18.577476, 21.313097 ] }, { "date": "2025-03-21", "close": 15.55, "volume": 312383, "typical_volume": 141709.25, "trend": 24.586333, "fair_value": 14.162168, "relative_strength": -30.88774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.677931, "energy": 79.489716, "activity_lines": [ 14.060667, 15.392727, 18.067857, 20.693656 ] }, { "date": "2025-03-28", "close": 14.15, "volume": 21368, "typical_volume": 138085.65, "trend": 23.909667, "fair_value": 14.204376, "relative_strength": -37.725079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.602322, "energy": 64.917683, "activity_lines": [ 14.054667, 14.913818, 17.489095, 20.020344 ] }, { "date": "2025-04-04", "close": 13.98, "volume": 3176, "typical_volume": 132703.9, "trend": 23.269, "fair_value": 14.246954, "relative_strength": -36.896339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.338421, "energy": 62.182963, "activity_lines": [ 14.078, 14.502909, 16.954952, 19.37972 ] }, { "date": "2025-04-11", "close": 14.1, "volume": 3225, "typical_volume": 126515.15, "trend": 22.625, "fair_value": 14.288257, "relative_strength": -36.281412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.78393, "energy": 55.104184, "activity_lines": [ 14.156, 14.253091, 16.476619, 18.788172 ] }, { "date": "2025-04-18", "close": 13.62, "volume": 12428, "typical_volume": 124241.15, "trend": 21.854333, "fair_value": 14.313628, "relative_strength": -41.172176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.863588, "energy": 56.604164, "activity_lines": [ 14.019333, 14.039455, 15.991286, 18.207204 ] }, { "date": "2025-04-25", "close": 13.86, "volume": 35402, "typical_volume": 121210.5, "trend": 21.076333, "fair_value": 14.343751, "relative_strength": -40.669899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.944307, "energy": 56.056261, "activity_lines": [ 13.879333, 13.957273, 15.57581, 17.691441 ] }, { "date": "2025-05-02", "close": 15.79, "volume": 77290, "typical_volume": 123188.4, "trend": 20.462667, "fair_value": 14.391504, "relative_strength": -33.304147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.505884, "energy": 44.265928, "activity_lines": [ 14.495333, 14.272727, 15.407429, 17.350387 ] }, { "date": "2025-05-09", "close": 15.6, "volume": 50205, "typical_volume": 125070.5, "trend": 19.849, "fair_value": 14.438332, "relative_strength": -33.088954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.430669, "energy": 37.943382, "activity_lines": [ 14.938667, 14.547273, 15.266619, 17.036667 ] }, { "date": "2025-05-16", "close": 14.98, "volume": 26772, "typical_volume": 120542.5, "trend": 19.283667, "fair_value": 14.484984, "relative_strength": -38.087416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.485377, "energy": 29.995142, "activity_lines": [ 15.067333, 14.683636, 15.10219, 16.722538 ] }, { "date": "2025-05-23", "close": 15.24, "volume": 69566, "typical_volume": 121752.3, "trend": 18.829667, "fair_value": 14.533886, "relative_strength": -36.23295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.759285, "energy": 25.857311, "activity_lines": [ 15.224, 14.836364, 14.996857, 16.461656 ] }, { "date": "2025-05-30", "close": 15.05, "volume": 10712, "typical_volume": 120398.15, "trend": 18.363667, "fair_value": 14.58011, "relative_strength": -36.275202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.888736, "energy": 23.589827, "activity_lines": [ 15.209333, 14.902364, 14.904429, 16.217806 ] }, { "date": "2025-06-06", "close": 15.51, "volume": 23088, "typical_volume": 118700.9, "trend": 17.983333, "fair_value": 14.62753, "relative_strength": -34.633794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.194252, "energy": 20.852957, "activity_lines": [ 15.268667, 15.061091, 14.885333, 16.033699 ] }, { "date": "2025-06-13", "close": 16.76, "volume": 40798, "typical_volume": 114805.65, "trend": 17.765333, "fair_value": 14.689974, "relative_strength": -28.242462, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.921931, "energy": 12.485639, "activity_lines": [ 15.763333, 15.422364, 15.004714, 15.954774 ] }, { "date": "2025-06-20", "close": 16.34, "volume": 66597, "typical_volume": 116536.25, "trend": 17.569, "fair_value": 14.752647, "relative_strength": -30.697922, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.968496, "energy": 17.314823, "activity_lines": [ 16.040667, 15.656727, 15.107333, 15.862817 ] }, { "date": "2025-06-27", "close": 16.41, "volume": 63284, "typical_volume": 113342.95, "trend": 17.333, "fair_value": 14.807004, "relative_strength": -31.264944, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.880704, "energy": 22.408574, "activity_lines": [ 16.250667, 15.863091, 15.238286, 15.788043 ] }, { "date": "2025-07-04", "close": 20.9, "volume": 860279, "typical_volume": 150589.4, "trend": 17.124667, "fair_value": 14.89511, "relative_strength": -11.363052, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 54.545298, "energy": 64.854175, "activity_lines": [ 17.879333, 16.835091, 15.806571, 16.018172 ] }, { "date": "2025-07-11", "close": 19.42, "volume": 266181, "typical_volume": 152076.9, "trend": 16.926, "fair_value": 14.979572, "relative_strength": -16.134621, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.353268, "energy": 66.468529, "activity_lines": [ 18.624667, 17.41, 16.212619, 16.166258 ] }, { "date": "2025-07-18", "close": 18.15, "volume": 57521, "typical_volume": 148521.25, "trend": 16.763, "fair_value": 15.053848, "relative_strength": -20.583763, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.991298, "energy": 57.490332, "activity_lines": [ 18.686, 17.688, 16.478762, 16.245226 ] }, { "date": "2025-07-25", "close": 17.77, "volume": 176133, "typical_volume": 114529.4, "trend": 16.615667, "fair_value": 15.119845, "relative_strength": -21.353983, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.910406, "energy": 49.767203, "activity_lines": [ 18.528, 17.850545, 16.689905, 16.310194 ] }, { "date": "2025-08-01", "close": 15.93, "volume": 92567, "typical_volume": 113448.75, "trend": 16.421667, "fair_value": 15.176092, "relative_strength": -27.738173, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.863425, "energy": 20.200857, "activity_lines": [ 17.661333, 17.627818, 16.704429, 16.265957 ] }, { "date": "2025-08-08", "close": 16.709999, "volume": 55217, "typical_volume": 100590.45, "trend": 16.270333, "fair_value": 15.23471, "relative_strength": -22.52566, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.541525, "energy": 20.040135, "activity_lines": [ 17.086666, 17.534363, 16.776286, 16.284559 ] }, { "date": "2025-08-15", "close": 16.07, "volume": 23982, "typical_volume": 100721.15, "trend": 16.153, "fair_value": 15.282213, "relative_strength": -25.328795, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.129612, "energy": 20.110646, "activity_lines": [ 16.578, 17.294363, 16.781667, 16.271634 ] }, { "date": "2025-08-22", "close": 16.43, "volume": 103414, "typical_volume": 105733.05, "trend": 15.979333, "fair_value": 15.315664, "relative_strength": -23.293971, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.698894, "energy": 19.984698, "activity_lines": [ 16.412666, 17.109636, 16.81219, 16.289505 ] }, { "date": "2025-08-29", "close": 15.96, "volume": 43230, "typical_volume": 107733.3, "trend": 15.815, "fair_value": 15.355158, "relative_strength": -22.911026, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.97758, "energy": 15.340833, "activity_lines": [ 16.205333, 16.845454, 16.786286, 16.288258 ] }, { "date": "2025-09-05", "close": 14.6, "volume": 48758, "typical_volume": 109549.8, "trend": 15.686667, "fair_value": 15.387103, "relative_strength": -29.177014, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.037336, "energy": 20.317632, "activity_lines": [ 15.665333, 16.340909, 16.622, 16.209871 ] }, { "date": "2025-09-12", "close": 15.16, "volume": 59854, "typical_volume": 110772.4, "trend": 15.644333, "fair_value": 15.431111, "relative_strength": -26.338256, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.686854, "energy": 18.602006, "activity_lines": [ 15.400667, 15.971091, 16.506381, 16.175892 ] }, { "date": "2025-09-19", "close": 16.49, "volume": 88161, "typical_volume": 111315.95, "trend": 15.679333, "fair_value": 15.48306, "relative_strength": -19.08114, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.225531, "energy": 11.860517, "activity_lines": [ 15.682667, 15.947454, 16.511238, 16.230452 ] }, { "date": "2025-09-26", "close": 14.41, "volume": 78678, "typical_volume": 112739.6, "trend": 15.686333, "fair_value": 15.520506, "relative_strength": -25.877688, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.051408, "energy": 26.790834, "activity_lines": [ 15.243333, 15.598909, 16.314667, 16.148559 ] }, { "date": "2025-10-03", "close": 13.77, "volume": 52871, "typical_volume": 114044.55, "trend": 15.702667, "fair_value": 15.553558, "relative_strength": -28.430395, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.306504, "energy": 35.719347, "activity_lines": [ 14.725333, 15.202, 16.062809, 16.024925 ] }, { "date": "2025-10-10", "close": 14.06, "volume": 275715, "typical_volume": 124352.0, "trend": 15.759, "fair_value": 15.590514, "relative_strength": -26.580455, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.118438, "energy": 38.679697, "activity_lines": [ 14.45, 14.930545, 15.844333, 15.918946 ] }, { "date": "2025-10-17", "close": 13.79, "volume": 106201, "typical_volume": 129126.45, "trend": 15.700333, "fair_value": 15.618144, "relative_strength": -27.806818, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.182446, "energy": 49.948167, "activity_lines": [ 14.120667, 14.644, 15.605762, 15.791914 ] }, { "date": "2025-10-24", "close": 13.91, "volume": 23192, "typical_volume": 129131.65, "trend": 15.692333, "fair_value": 15.638654, "relative_strength": -26.169098, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.064745, "energy": 56.529653, "activity_lines": [ 13.922667, 14.432364, 15.384619, 15.676409 ] }, { "date": "2025-10-31", "close": 13.0, "volume": 383518, "typical_volume": 146267.65, "trend": 15.659667, "fair_value": 15.647628, "relative_strength": -29.524626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.094681, "energy": 55.318425, "activity_lines": [ 13.593333, 14.094545, 15.084429, 15.50271 ] }, { "date": "2025-11-07", "close": 12.7, "volume": 71078, "typical_volume": 146491.7, "trend": 15.613, "fair_value": 15.658205, "relative_strength": -29.362374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.337126, "energy": 59.639103, "activity_lines": [ 13.258, 13.764545, 14.773571, 15.311763 ] }, { "date": "2025-11-14", "close": 12.8, "volume": 51378, "typical_volume": 145896.4, "trend": 15.585667, "fair_value": 15.675192, "relative_strength": -28.99353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.653733, "energy": 57.093203, "activity_lines": [ 13.027333, 13.512, 14.489571, 15.13028 ] }, { "date": "2025-11-21", "close": 14.32, "volume": 790129, "typical_volume": 142388.9, "trend": 15.601, "fair_value": 15.700641, "relative_strength": -20.204019, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.270049, "energy": 38.410946, "activity_lines": [ 13.387333, 13.568545, 14.367524, 15.048624 ] }, { "date": "2025-11-28", "close": 13.99, "volume": 134242, "typical_volume": 135791.95, "trend": 15.541, "fair_value": 15.722692, "relative_strength": -21.479868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.820492, "energy": 28.537586, "activity_lines": [ 13.602, 13.580364, 14.245381, 14.944688 ] }, { "date": "2025-12-05", "close": 13.42, "volume": 40349, "typical_volume": 134933.35, "trend": 15.468333, "fair_value": 15.740769, "relative_strength": -23.357687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.976233, "energy": 24.818245, "activity_lines": [ 13.621333, 13.534, 14.09481, 14.807849 ] }, { "date": "2025-12-12", "close": 13.56, "volume": 72052, "typical_volume": 129729.3, "trend": 15.421, "fair_value": 15.760385, "relative_strength": -20.998021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.937829, "energy": 19.700999, "activity_lines": [ 13.659333, 13.531091, 13.980095, 14.684731 ] }, { "date": "2025-12-19", "close": 13.97, "volume": 1526554, "typical_volume": 201428.65, "trend": 15.378667, "fair_value": 15.787756, "relative_strength": -17.297829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.273883, "energy": 18.293835, "activity_lines": [ 13.776667, 13.606545, 13.924476, 14.591118 ] }, { "date": "2025-12-26", "close": 15.91, "volume": 1686055, "typical_volume": 282970.55, "trend": 15.407333, "fair_value": 15.826603, "relative_strength": -5.188153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.313124, "energy": 9.785663, "activity_lines": [ 14.462667, 14.036364, 14.062952, 14.625398 ] }, { "date": "2026-01-02", "close": 16.1, "volume": 411929, "typical_volume": 302367.9, "trend": 15.427, "fair_value": 15.867308, "relative_strength": -4.257318, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.41014, "energy": 11.109103, "activity_lines": [ 15.106, 14.462182, 14.223333, 14.670086 ] }, { "date": "2026-01-09", "close": 15.81, "volume": 179750, "typical_volume": 306184.7, "trend": 15.395333, "fair_value": 15.904872, "relative_strength": -2.766937, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.004921, "energy": 21.142491, "activity_lines": [ 15.512, 14.795455, 14.355952, 14.694796 ] }, { "date": "2026-01-16", "close": 14.75, "volume": 95520, "typical_volume": 308799.2, "trend": 15.342333, "fair_value": 15.935321, "relative_strength": -8.574602, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.91294, "energy": 19.525533, "activity_lines": [ 15.405333, 14.884909, 14.390571, 14.653161 ] }, { "date": "2026-01-23", "close": 13.88, "volume": 51782, "typical_volume": 308950.4, "trend": 15.258, "fair_value": 15.963718, "relative_strength": -10.701947, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.891378, "energy": 12.082245, "activity_lines": [ 14.929333, 14.778909, 14.348095, 14.558817 ] }, { "date": "2026-01-30", "close": 14.58, "volume": 74815, "typical_volume": 309698.45, "trend": 15.047333, "fair_value": 15.997564, "relative_strength": -6.297724, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.164703, "energy": 9.677073, "activity_lines": [ 14.692667, 14.780545, 14.375714, 14.515075 ] }, { "date": "2026-02-06", "close": 13.79, "volume": 136174, "typical_volume": 312099.1, "trend": 14.859667, "fair_value": 16.024103, "relative_strength": -11.982932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.729288, "energy": 18.198244, "activity_lines": [ 14.281333, 14.633818, 14.330857, 14.433957 ] }, { "date": "2026-02-13", "close": 13.02, "volume": 63075, "typical_volume": 311318.95, "trend": 14.688667, "fair_value": 16.04891, "relative_strength": -15.624811, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.129928, "energy": 24.691375, "activity_lines": [ 13.767333, 14.350727, 14.225524, 14.315269 ] }, { "date": "2026-02-20", "close": 12.84, "volume": 122640, "typical_volume": 314807.4, "trend": 14.524333, "fair_value": 16.071923, "relative_strength": -16.653688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.276346, "energy": 34.652209, "activity_lines": [ 13.379333, 14.042182, 14.109667, 14.196 ] }, { "date": "2026-02-27", "close": 13.52, "volume": 676261, "typical_volume": 334834.7, "trend": 14.444, "fair_value": 16.097372, "relative_strength": -10.571987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.978842, "energy": 34.298264, "activity_lines": [ 13.345333, 13.870364, 14.063, 14.131204 ] }, { "date": "2026-03-06", "close": 12.71, "volume": 275084, "typical_volume": 343278.85, "trend": 14.310667, "fair_value": 16.115385, "relative_strength": -13.234083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.620664, "energy": 40.313598, "activity_lines": [ 13.065333, 13.559455, 13.941762, 14.019333 ] }, { "date": "2026-03-13", "close": 12.33, "volume": 78702, "typical_volume": 346054.35, "trend": 14.186, "fair_value": 16.132564, "relative_strength": -11.047779, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.322256, "energy": 39.58768, "activity_lines": [ 12.783333, 13.237636, 13.789476, 13.891548 ] }, { "date": "2026-03-20", "close": 12.79, "volume": 140454, "typical_volume": 333901.15, "trend": 14.064667, "fair_value": 16.155897, "relative_strength": -7.247627, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.64337, "energy": 32.499164, "activity_lines": [ 12.752, 13.068, 13.688524, 13.801484 ] }, { "date": "2026-03-27", "close": 12.48, "volume": 789023, "typical_volume": 369798.4, "trend": 13.948667, "fair_value": 16.178846, "relative_strength": -8.164099, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.481042, "energy": 37.910026, "activity_lines": [ 12.632667, 12.896909, 13.559048, 13.699247 ] }, { "date": "2026-04-03", "close": 12.06, "volume": 80368, "typical_volume": 371247.9, "trend": 13.864, "fair_value": 16.198462, "relative_strength": -10.609437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.900855, "energy": 38.764884, "activity_lines": [ 12.397333, 12.690727, 13.390619, 13.577398 ] }, { "date": "2026-04-10", "close": 12.23, "volume": 69385, "typical_volume": 335210.7, "trend": 13.766333, "fair_value": 16.21468, "relative_strength": -14.087066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.953123, "energy": 34.789485, "activity_lines": [ 12.316, 12.548545, 13.241905, 13.471978 ] }, { "date": "2026-04-17", "close": 12.9, "volume": 61177, "typical_volume": 331557.45, "trend": 13.646667, "fair_value": 16.236474, "relative_strength": -10.387409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.742745, "energy": 26.556886, "activity_lines": [ 12.49, 12.570909, 13.166952, 13.416086 ] }, { "date": "2026-04-24", "close": 12.39, "volume": 94773, "typical_volume": 334278.65, "trend": 13.579333, "fair_value": 16.255321, "relative_strength": -12.123251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.755692, "energy": 25.663726, "activity_lines": [ 12.456, 12.516727, 13.048619, 13.335011 ] }, { "date": "2026-05-01", "close": 12.45, "volume": 48689, "typical_volume": 333110.5, "trend": 13.535333, "fair_value": 16.276474, "relative_strength": -11.690724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.315439, "energy": 23.564754, "activity_lines": [ 12.468667, 12.484909, 12.940905, 13.262151 ] }, { "date": "2026-05-08", "close": 12.61, "volume": 49039, "typical_volume": 259234.75, "trend": 13.487, "fair_value": 16.298333, "relative_strength": -10.842452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.723974, "energy": 18.216355, "activity_lines": [ 12.536667, 12.489273, 12.853714, 13.202452 ] }, { "date": "2026-05-15", "close": 12.16, "volume": 39219, "typical_volume": 176892.95, "trend": 13.432667, "fair_value": 16.317949, "relative_strength": -11.842585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.732233, "energy": 24.554187, "activity_lines": [ 12.418, 12.428364, 12.730143, 13.116839 ] }, { "date": "2026-05-22", "close": 13.24, "volume": 29012, "typical_volume": 157747.1, "trend": 13.410333, "fair_value": 16.344808, "relative_strength": -4.145761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.188497, "energy": 14.311712, "activity_lines": [ 12.664, 12.573818, 12.727286, 13.104409 ] }, { "date": "2026-05-29", "close": 12.37, "volume": 22985, "typical_volume": 149908.85, "trend": 13.389333, "fair_value": 16.365449, "relative_strength": -9.544726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.419501, "energy": 16.308734, "activity_lines": [ 12.597333, 12.544545, 12.65519, 13.03729 ] }, { "date": "2026-06-05", "close": 11.99, "volume": 23451, "typical_volume": 146305.4, "trend": 13.365667, "fair_value": 16.383654, "relative_strength": -11.32936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.22002, "energy": 23.238575, "activity_lines": [ 12.405333, 12.453818, 12.563286, 12.947011 ] }, { "date": "2026-06-12", "close": 11.98, "volume": 2631, "typical_volume": 143847.85, "trend": 13.338333, "fair_value": 16.402756, "relative_strength": -11.863639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.255887, "energy": 24.457502, "activity_lines": [ 12.240667, 12.370182, 12.483571, 12.857613 ] }, { "date": "2026-06-19", "close": 12.53, "volume": 143120, "typical_volume": 147263.1, "trend": 13.278667, "fair_value": 16.425705, "relative_strength": -8.922937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.542073, "energy": 25.464487, "activity_lines": [ 12.301333, 12.388, 12.465286, 12.805462 ] }, { "date": "2026-06-26", "close": 12.1, "volume": 0, "typical_volume": 140454.4, "trend": 13.215667, "fair_value": 16.444295, "relative_strength": -11.799509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.991235, "energy": 29.858573, "activity_lines": [ 12.194, 12.322182, 12.41581, 12.729419 ] }, { "date": "2026-07-03", "close": 11.99, "volume": 4110, "typical_volume": 137506.15, "trend": 13.168, "fair_value": 16.451282, "relative_strength": -12.409577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.855835, "energy": 30.688826, "activity_lines": [ 12.126, 12.250909, 12.363905, 12.650344 ] }, { "date": "2026-07-10", "close": 11.6, "volume": 24718, "typical_volume": 132610.05, "trend": 13.102667, "fair_value": 16.457051, "relative_strength": -14.177452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.304915, "energy": 34.299756, "activity_lines": [ 11.953333, 12.116, 12.279762, 12.549183 ] }, { "date": "2026-07-17", "close": 11.27, "volume": 44709, "typical_volume": 101032.45, "trend": 13.012667, "fair_value": 16.46391, "relative_strength": -16.295019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.006597, "energy": 49.855363, "activity_lines": [ 11.696667, 11.936545, 12.170095, 12.430946 ] }, { "date": "2026-07-24", "close": 10.41, "volume": 56525, "typical_volume": 90104.5, "trend": 12.829333, "fair_value": 16.46141, "relative_strength": -20.067554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.563779, "energy": 66.29255, "activity_lines": [ 11.200667, 11.625091, 11.989238, 12.263032 ] }, { "date": "2026-07-31", "close": 11.12, "volume": 58104, "typical_volume": 89074.6, "trend": 12.663333, "fair_value": 16.469231, "relative_strength": -16.207558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.090326, "energy": 62.335095, "activity_lines": [ 11.082667, 11.474545, 11.886952, 12.152753 ] }, { "date": "2026-08-07", "close": 11.6, "volume": 34245, "typical_volume": 83764.15, "trend": 12.523, "fair_value": 16.478526, "relative_strength": -12.595881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.462161, "energy": 55.509791, "activity_lines": [ 11.19, 11.449818, 11.836143, 12.084151 ] } ], "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." } } }