{ "ticker": { "uuid": "bfa317d5-5e87-46e8-9777-6f58c574a2d3", "symbol": "KSM-F162", "name": "KSM Mutual Funds Ltd. - KSM ETF (4D) Bluestar Israel Global Technology", "exchange": "TLV", "country": "IL", "assetType": "etf" }, "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": "TA35.TA", "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": -66.924, "architecture_energy": 67.555, "architecture_maturity": 97.0, "architecture_confidence": 94.545, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 15.35, "rotation_up": 29.99, "upward_expansion": 12.0, "deceleration": 61.0, "rotation_down": 56.04, "downward_expansion": 85.33 }, "activity_lines": [ 163.586667, 163.841818, 3430.596667, 6403.073763 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 163.2, "trend_reference": 9888.58, "distance_from_trend": -0.983496, "trend_direction": "Weakening", "fair_value": 13986.201282, "distance_from_fair_value": -0.988331, "fair_value_direction": "Weakening", "relative_strength": -98.837418, "relative_strength_direction": "Weakening", "price_momentum": -0.989149, "excess_performance": -1.018049, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.983496, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.341116, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.988331, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.007101, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.988374, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.721249, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.989149, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.751514, "read": "Supply-led" } ], "volume": { "latest": 4764, "relative_activity": 0.805975, "balance": 0.751514, "dry_up": 0.542012, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 7.467713, "annualized_volatility": 6.325974, "from_high_reference": -0.990175, "from_low_reference": 0.035533 }, "levels": { "trend_reference": 9888.58, "fair_value_reference": 13986.201282, "structural_low": 157.6, "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": 22, "median_return": 0.023778, "positive_rate": 0.590909, "directional_follow_through": 0.409091, "median_excess_return": -0.010811, "regime_survival": 0.681818, "best_return": 0.107143, "worst_return": -0.158588, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.012346, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.122028, "regime_survival": 0.444444, "best_return": 0.093965, "worst_return": -0.989456, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.001749, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.139717, "regime_survival": 0.5, "best_return": 0.097843, "worst_return": -0.989659, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.025576, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.145333, "regime_survival": 0.5, "best_return": 0.214019, "worst_return": -0.2283, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": 0.006369, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": -0.027586, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-22", "tenure": "Developing", "return": -0.050473, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2025-09-12", "tenure": "New", "return": 0.02989, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-09-26", "tenure": "New", "return": 0.00369, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-11-14", "tenure": "Developing", "return": -0.042514, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.016043, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": 0.014791, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": 0.037413, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": 0.006127, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": 0.009309, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": 0.081812, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-05-22", "tenure": "Developing", "return": -0.023359, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.006786, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 14200.0, "volume": 1428, "typical_volume": 24291.3, "trend": 14092.666667, "fair_value": 16016.794872, "relative_strength": -0.196999, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.415318, "energy": 48.363326, "activity_lines": [ 14487.333333, 14437.818182, 14279.952381, 14184.172043 ] }, { "date": "2023-08-18", "close": 13950.0, "volume": 1517, "typical_volume": 16127.9, "trend": 14114.333333, "fair_value": 16003.333333, "relative_strength": 1.110039, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.118773, "energy": 12.008819, "activity_lines": [ 14289.333333, 14358.727273, 14263.761905, 14174.967742 ] }, { "date": "2023-08-25", "close": 14170.0, "volume": 538, "typical_volume": 8933.35, "trend": 14134.333333, "fair_value": 15990.0, "relative_strength": 1.897079, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.067505, "energy": 21.522525, "activity_lines": [ 14201.333333, 14325.090909, 14267.285714, 14178.55914 ] }, { "date": "2023-09-01", "close": 14240.0, "volume": 8608, "typical_volume": 9348.95, "trend": 14126.333333, "fair_value": 15976.025641, "relative_strength": 1.747149, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.671388, "energy": 22.154858, "activity_lines": [ 14176.666667, 14306.909091, 14276.238095, 14185.376344 ] }, { "date": "2023-09-08", "close": 14200.0, "volume": 37403, "typical_volume": 9022.05, "trend": 14117.333333, "fair_value": 15963.141026, "relative_strength": 2.336612, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.098067, "energy": 16.128162, "activity_lines": [ 14171.333333, 14278.909091, 14280.428571, 14190.129032 ] }, { "date": "2023-09-15", "close": 13890.0, "volume": 708, "typical_volume": 7216.95, "trend": 14097.333333, "fair_value": 15953.589744, "relative_strength": -1.065297, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.719836, "energy": 22.180388, "activity_lines": [ 14084.0, 14196.727273, 14253.619048, 14175.462366 ] }, { "date": "2023-09-22", "close": 13570.0, "volume": 551, "typical_volume": 7162.05, "trend": 14068.333333, "fair_value": 15941.089744, "relative_strength": -4.169711, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.285897, "energy": 50.645186, "activity_lines": [ 13910.666667, 14060.909091, 14193.857143, 14141.44086 ] }, { "date": "2023-09-29", "close": 13190.0, "volume": 1062, "typical_volume": 7196.05, "trend": 14036.666667, "fair_value": 15926.346154, "relative_strength": -6.084024, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.181615, "energy": 70.150444, "activity_lines": [ 13636.0, 13872.909091, 14096.238095, 14084.774194 ] }, { "date": "2023-10-06", "close": 13330.0, "volume": 285, "typical_volume": 7193.0, "trend": 14010.666667, "fair_value": 15905.705128, "relative_strength": -4.351306, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.798675, "energy": 75.45141, "activity_lines": [ 13473.333333, 13739.090909, 14014.619048, 14039.182796 ] }, { "date": "2023-10-13", "close": 13390.0, "volume": 2127, "typical_volume": 5544.3, "trend": 14001.666667, "fair_value": 15879.102564, "relative_strength": 2.548222, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.552053, "energy": 85.112388, "activity_lines": [ 13391.333333, 13641.636364, 13941.809524, 13999.139785 ] }, { "date": "2023-10-20", "close": 13090.0, "volume": 1072, "typical_volume": 5548.35, "trend": 13980.666667, "fair_value": 15849.615385, "relative_strength": 2.641536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.155917, "energy": 92.278793, "activity_lines": [ 13263.333333, 13510.181818, 13844.47619, 13940.322581 ] }, { "date": "2023-10-27", "close": 12390.0, "volume": 689, "typical_volume": 5569.35, "trend": 13937.333333, "fair_value": 15818.717949, "relative_strength": 0.844824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.207402, "energy": 96.548249, "activity_lines": [ 12955.333333, 13271.636364, 13687.0, 13837.698925 ] }, { "date": "2023-11-03", "close": 12430.0, "volume": 1458, "typical_volume": 5480.25, "trend": 13888.0, "fair_value": 15791.794872, "relative_strength": -3.824127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.470405, "energy": 95.498604, "activity_lines": [ 12739.333333, 13068.727273, 13542.190476, 13740.451613 ] }, { "date": "2023-11-10", "close": 12610.0, "volume": 897, "typical_volume": 5479.8, "trend": 13840.333333, "fair_value": 15763.910256, "relative_strength": -3.629239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.626494, "energy": 89.448668, "activity_lines": [ 12634.0, 12930.181818, 13423.52381, 13658.0 ] }, { "date": "2023-11-17", "close": 12970.0, "volume": 1155, "typical_volume": 5457.25, "trend": 13809.666667, "fair_value": 15738.076923, "relative_strength": -2.139666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.060313, "energy": 84.593511, "activity_lines": [ 12696.666667, 12886.727273, 13346.238095, 13601.849462 ] }, { "date": "2023-11-24", "close": 13210.0, "volume": 51981, "typical_volume": 6257.0, "trend": 13804.333333, "fair_value": 15715.961538, "relative_strength": -4.511475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.465309, "energy": 61.666321, "activity_lines": [ 12867.333333, 12909.272727, 13298.238095, 13563.16129 ] }, { "date": "2023-12-01", "close": 13290.0, "volume": 3342, "typical_volume": 6339.55, "trend": 13806.666667, "fair_value": 15690.641026, "relative_strength": -2.786501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.237989, "energy": 39.72125, "activity_lines": [ 13056.666667, 12958.727273, 13262.285714, 13529.978495 ] }, { "date": "2023-12-08", "close": 13410.0, "volume": 6634, "typical_volume": 6624.85, "trend": 13795.333333, "fair_value": 15666.474359, "relative_strength": -3.522582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.339148, "energy": 34.719956, "activity_lines": [ 13226.0, 13035.090909, 13243.52381, 13504.387097 ] }, { "date": "2023-12-15", "close": 14140.0, "volume": 1973, "typical_volume": 6636.6, "trend": 13800.666667, "fair_value": 15645.769231, "relative_strength": 0.453317, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 7.937359, "energy": 30.371311, "activity_lines": [ 13573.333333, 13240.181818, 13300.761905, 13526.623656 ] }, { "date": "2023-12-22", "close": 13950.0, "volume": 4706, "typical_volume": 6406.7, "trend": 13791.0, "fair_value": 15617.948718, "relative_strength": -2.44949, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 14.813609, "energy": 37.363733, "activity_lines": [ 13755.333333, 13396.0, 13342.714286, 13536.258065 ] }, { "date": "2023-12-29", "close": 14260.0, "volume": 4352, "typical_volume": 6552.9, "trend": 13784.333333, "fair_value": 15585.128205, "relative_strength": -0.580859, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.350005, "energy": 53.242484, "activity_lines": [ 13975.333333, 13598.0, 13416.904762, 13566.516129 ] }, { "date": "2024-01-05", "close": 13610.0, "volume": 4801, "typical_volume": 6717.1, "trend": 13763.0, "fair_value": 15549.166667, "relative_strength": -6.202793, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.999851, "energy": 41.45124, "activity_lines": [ 13908.666667, 13660.545455, 13428.904762, 13555.268817 ] }, { "date": "2024-01-12", "close": 14250.0, "volume": 8036, "typical_volume": 7092.0, "trend": 13760.666667, "fair_value": 15517.948718, "relative_strength": -1.144767, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.829764, "energy": 54.543836, "activity_lines": [ 14034.0, 13817.272727, 13503.47619, 13586.688172 ] }, { "date": "2024-01-19", "close": 14320.0, "volume": 4533, "typical_volume": 6888.25, "trend": 13768.0, "fair_value": 15483.525641, "relative_strength": 0.410783, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.515892, "energy": 50.894676, "activity_lines": [ 14126.666667, 13953.636364, 13584.333333, 13622.774194 ] }, { "date": "2024-01-26", "close": 14340.0, "volume": 5789, "typical_volume": 5307.55, "trend": 13768.666667, "fair_value": 15444.615385, "relative_strength": 1.180759, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.112126, "energy": 46.412276, "activity_lines": [ 14214.0, 14062.545455, 13666.714286, 13659.677419 ] }, { "date": "2024-02-02", "close": 14190.0, "volume": 12464, "typical_volume": 5895.35, "trend": 13770.333333, "fair_value": 15402.179487, "relative_strength": 0.665757, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.013526, "energy": 47.771014, "activity_lines": [ 14225.333333, 14119.272727, 13734.142857, 13686.860215 ] }, { "date": "2024-02-09", "close": 14600.0, "volume": 3634, "typical_volume": 6049.5, "trend": 13773.666667, "fair_value": 15360.064103, "relative_strength": 2.8371, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.550455, "energy": 63.999229, "activity_lines": [ 14378.0, 14232.727273, 13839.190476, 13740.387097 ] }, { "date": "2024-02-16", "close": 15010.0, "volume": 15844, "typical_volume": 6788.6, "trend": 13781.666667, "fair_value": 15315.897436, "relative_strength": 3.983804, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 86.804763, "energy": 86.258843, "activity_lines": [ 14601.333333, 14396.909091, 13978.380952, 13820.150538 ] }, { "date": "2024-02-23", "close": 14860.0, "volume": 13692, "typical_volume": 7458.95, "trend": 13786.0, "fair_value": 15272.820513, "relative_strength": 0.252405, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.141542, "energy": 81.777625, "activity_lines": [ 14724.0, 14504.727273, 14094.619048, 13889.72043 ] }, { "date": "2024-03-01", "close": 14720.0, "volume": 4487, "typical_volume": 7576.95, "trend": 13792.666667, "fair_value": 15234.679487, "relative_strength": -2.21819, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.028202, "energy": 79.330386, "activity_lines": [ 14764.0, 14574.0, 14190.238095, 13949.978495 ] }, { "date": "2024-03-08", "close": 14650.0, "volume": 6478, "typical_volume": 7847.25, "trend": 13807.666667, "fair_value": 15207.307692, "relative_strength": -2.230262, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.730119, "energy": 66.115109, "activity_lines": [ 14755.333333, 14616.545455, 14272.857143, 14005.290323 ] }, { "date": "2024-03-15", "close": 14730.0, "volume": 6626, "typical_volume": 8144.1, "trend": 13833.666667, "fair_value": 15177.435897, "relative_strength": 1.212668, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.460216, "energy": 55.052694, "activity_lines": [ 14742.666667, 14666.545455, 14355.666667, 14064.795699 ] }, { "date": "2024-03-22", "close": 14920.0, "volume": 13064, "typical_volume": 8724.4, "trend": 13858.666667, "fair_value": 15148.461538, "relative_strength": -2.375453, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.517347, "energy": 54.145239, "activity_lines": [ 14784.666667, 14730.727273, 14445.428571, 14134.88172 ] }, { "date": "2024-03-29", "close": 14990.0, "volume": 514, "typical_volume": 8705.25, "trend": 13883.666667, "fair_value": 15127.820513, "relative_strength": -2.569652, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.475233, "energy": 56.294715, "activity_lines": [ 14856.0, 14795.454545, 14530.0, 14207.870968 ] }, { "date": "2024-04-05", "close": 15080.0, "volume": 8858, "typical_volume": 9090.4, "trend": 13913.0, "fair_value": 15103.333333, "relative_strength": 0.563977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.224466, "energy": 65.857771, "activity_lines": [ 14948.666667, 14864.363636, 14611.809524, 14285.053763 ] }, { "date": "2024-04-12", "close": 14750.0, "volume": 2656, "typical_volume": 6624.15, "trend": 13941.666667, "fair_value": 15076.538462, "relative_strength": -0.917189, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.429677, "energy": 55.185801, "activity_lines": [ 14907.333333, 14859.818182, 14652.142857, 14339.053763 ] }, { "date": "2024-04-19", "close": 14080.0, "volume": 11550, "typical_volume": 7034.55, "trend": 13958.666667, "fair_value": 15042.564103, "relative_strength": -4.220003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.383218, "energy": 22.325661, "activity_lines": [ 14636.0, 14723.272727, 14621.333333, 14347.978495 ] }, { "date": "2024-04-26", "close": 14150.0, "volume": 1261, "typical_volume": 6765.9, "trend": 13990.666667, "fair_value": 15009.551282, "relative_strength": -4.291622, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.928709, "energy": 19.180041, "activity_lines": [ 14431.333333, 14608.909091, 14593.428571, 14360.322581 ] }, { "date": "2024-05-03", "close": 13960.0, "volume": 1369, "typical_volume": 6735.7, "trend": 14011.666667, "fair_value": 14972.115385, "relative_strength": -6.24388, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.577902, "energy": 31.905101, "activity_lines": [ 14214.666667, 14475.636364, 14543.904762, 14358.344086 ] }, { "date": "2024-05-10", "close": 14070.0, "volume": 14762, "typical_volume": 7238.5, "trend": 14034.333333, "fair_value": 14946.217949, "relative_strength": -8.387162, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.772311, "energy": 35.073907, "activity_lines": [ 14103.333333, 14378.727273, 14505.714286, 14362.107527 ] }, { "date": "2024-05-17", "close": 14340.0, "volume": 15769, "typical_volume": 7809.35, "trend": 14076.0, "fair_value": 14928.525641, "relative_strength": -5.539386, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.124599, "energy": 31.672039, "activity_lines": [ 14149.333333, 14342.727273, 14492.666667, 14381.827957 ] }, { "date": "2024-05-24", "close": 14450.0, "volume": 11963, "typical_volume": 8167.45, "trend": 14144.666667, "fair_value": 14909.551282, "relative_strength": -3.968901, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.126569, "energy": 21.474812, "activity_lines": [ 14259.333333, 14332.363636, 14489.714286, 14405.956989 ] }, { "date": "2024-05-31", "close": 14270.0, "volume": 612, "typical_volume": 7796.25, "trend": 14206.0, "fair_value": 14884.74359, "relative_strength": -6.362364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.793151, "energy": 9.395546, "activity_lines": [ 14284.666667, 14294.363636, 14465.619048, 14414.043011 ] }, { "date": "2024-06-07", "close": 14180.0, "volume": 12290, "typical_volume": 8184.1, "trend": 14258.333333, "fair_value": 14858.269231, "relative_strength": -5.162377, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.786659, "energy": 9.00932, "activity_lines": [ 14272.0, 14251.818182, 14432.857143, 14412.365591 ] }, { "date": "2024-06-14", "close": 14430.0, "volume": 36834, "typical_volume": 9736.35, "trend": 14307.0, "fair_value": 14831.153846, "relative_strength": -4.410846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 1.032217, "energy": 6.600867, "activity_lines": [ 14328.0, 14269.454545, 14424.571429, 14423.44086 ] }, { "date": "2024-06-21", "close": 13990.0, "volume": 1930, "typical_volume": 9209.65, "trend": 14333.0, "fair_value": 14799.038462, "relative_strength": -6.235232, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.819109, "energy": 25.410185, "activity_lines": [ 14213.333333, 14218.909091, 14373.952381, 14402.989247 ] }, { "date": "2024-06-28", "close": 14170.0, "volume": 7467, "typical_volume": 9401.3, "trend": 14362.333333, "fair_value": 14765.512821, "relative_strength": -5.158406, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.044517, "energy": 21.217066, "activity_lines": [ 14182.0, 14214.909091, 14341.428571, 14392.473118 ] }, { "date": "2024-07-05", "close": 14490.0, "volume": 9163, "typical_volume": 9067.25, "trend": 14398.333333, "fair_value": 14733.782051, "relative_strength": -4.782758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.34364, "energy": 6.060178, "activity_lines": [ 14276.0, 14267.454545, 14341.428571, 14400.709677 ] }, { "date": "2024-07-12", "close": 14310.0, "volume": 85475, "typical_volume": 12656.4, "trend": 14404.0, "fair_value": 14704.423077, "relative_strength": -8.087858, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.8212, "energy": 18.232472, "activity_lines": [ 14295.333333, 14281.090909, 14326.761905, 14395.010753 ] }, { "date": "2024-07-19", "close": 14520.0, "volume": 3381, "typical_volume": 12601.1, "trend": 14423.0, "fair_value": 14677.179487, "relative_strength": -5.391452, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.562815, "energy": 13.209086, "activity_lines": [ 14376.0, 14326.545455, 14334.714286, 14402.494624 ] }, { "date": "2024-07-26", "close": 14550.0, "volume": 8770, "typical_volume": 12715.7, "trend": 14432.666667, "fair_value": 14646.153846, "relative_strength": -5.09766, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.538904, "energy": 19.351844, "activity_lines": [ 14460.666667, 14369.272727, 14346.47619, 14410.688172 ] }, { "date": "2024-08-02", "close": 15060.0, "volume": 9885, "typical_volume": 12878.65, "trend": 14481.0, "fair_value": 14618.974359, "relative_strength": 1.406352, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 41.9388, "energy": 52.897027, "activity_lines": [ 14678.0, 14500.909091, 14407.285714, 14451.16129 ] }, { "date": "2024-08-09", "close": 14150.0, "volume": 16870, "typical_volume": 13068.95, "trend": 14477.666667, "fair_value": 14587.884615, "relative_strength": -5.673225, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.348973, "energy": 11.359346, "activity_lines": [ 14532.666667, 14456.0, 14379.857143, 14429.806452 ] }, { "date": "2024-08-16", "close": 14520.0, "volume": 5941, "typical_volume": 13340.3, "trend": 14484.333333, "fair_value": 14564.935897, "relative_strength": -5.386482, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.584016, "energy": 15.290466, "activity_lines": [ 14533.333333, 14480.545455, 14391.333333, 14432.537634 ] }, { "date": "2024-08-23", "close": 15010.0, "volume": 3718, "typical_volume": 13083.3, "trend": 14506.666667, "fair_value": 14546.666667, "relative_strength": -1.909828, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.347347, "energy": 29.691062, "activity_lines": [ 14683.333333, 14588.0, 14451.714286, 14466.451613 ] }, { "date": "2024-08-30", "close": 14710.0, "volume": 7676, "typical_volume": 13334.3, "trend": 14524.0, "fair_value": 14521.153846, "relative_strength": -5.626956, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.985092, "energy": 15.949517, "activity_lines": [ 14700.666667, 14630.363636, 14483.857143, 14479.569892 ] }, { "date": "2024-09-06", "close": 14310.0, "volume": 41921, "typical_volume": 14852.85, "trend": 14514.333333, "fair_value": 14490.769231, "relative_strength": -7.047315, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.103311, "energy": 7.130187, "activity_lines": [ 14574.0, 14586.909091, 14478.095238, 14465.763441 ] }, { "date": "2024-09-13", "close": 14270.0, "volume": 7951, "typical_volume": 15187.35, "trend": 14489.666667, "fair_value": 14460.705128, "relative_strength": -6.377881, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.710007, "energy": 5.859256, "activity_lines": [ 14484.0, 14533.636364, 14467.428571, 14450.0 ] }, { "date": "2024-09-20", "close": 14970.0, "volume": 14378, "typical_volume": 15837.8, "trend": 14493.333333, "fair_value": 14436.282051, "relative_strength": 1.364988, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.231434, "energy": 13.741042, "activity_lines": [ 14619.333333, 14611.636364, 14522.857143, 14480.989247 ] }, { "date": "2024-09-27", "close": 15120.0, "volume": 39338, "typical_volume": 17066.6, "trend": 14506.666667, "fair_value": 14412.884615, "relative_strength": -2.830291, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.212358, "energy": 34.088063, "activity_lines": [ 14774.666667, 14704.909091, 14587.761905, 14521.419355 ] }, { "date": "2024-10-04", "close": 15140.0, "volume": 7741, "typical_volume": 16665.2, "trend": 14523.0, "fair_value": 14393.141026, "relative_strength": -2.583279, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.592976, "energy": 57.850949, "activity_lines": [ 14929.333333, 14790.909091, 14649.571429, 14562.27957 ] }, { "date": "2024-10-11", "close": 15120.0, "volume": 5283, "typical_volume": 16331.2, "trend": 14536.0, "fair_value": 14373.910256, "relative_strength": -2.565514, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.992106, "energy": 64.955262, "activity_lines": [ 15048.666667, 14862.545455, 14705.666667, 14600.795699 ] }, { "date": "2024-10-18", "close": 15490.0, "volume": 1239, "typical_volume": 16362.55, "trend": 14555.0, "fair_value": 14351.923077, "relative_strength": -2.073225, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.204753, "energy": 73.7686, "activity_lines": [ 15237.333333, 15000.363636, 14793.809524, 14662.344086 ] }, { "date": "2024-10-25", "close": 15640.0, "volume": 5750, "typical_volume": 16035.55, "trend": 14576.666667, "fair_value": 14330.384615, "relative_strength": -1.837731, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.054684, "energy": 77.66913, "activity_lines": [ 15394.666667, 15141.090909, 14890.428571, 14732.344086 ] }, { "date": "2024-11-01", "close": 15110.0, "volume": 19617, "typical_volume": 15174.7, "trend": 14577.666667, "fair_value": 14306.858974, "relative_strength": -7.129698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.854783, "energy": 62.894329, "activity_lines": [ 15330.666667, 15165.090909, 14929.619048, 14766.752688 ] }, { "date": "2024-11-08", "close": 15720.0, "volume": 127656, "typical_volume": 21461.0, "trend": 14610.0, "fair_value": 14287.884615, "relative_strength": -4.420947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.425753, "energy": 80.320898, "activity_lines": [ 15470.666667, 15298.181818, 15023.666667, 14840.451613 ] }, { "date": "2024-11-15", "close": 15950.0, "volume": 9636, "typical_volume": 21569.45, "trend": 14672.333333, "fair_value": 14269.807692, "relative_strength": -4.506508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.289289, "energy": 83.290157, "activity_lines": [ 15648.666667, 15454.727273, 15131.380952, 14926.903226 ] }, { "date": "2024-11-22", "close": 15910.0, "volume": 3451, "typical_volume": 21283.85, "trend": 14731.0, "fair_value": 14253.076923, "relative_strength": -4.304443, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.446318, "energy": 82.001134, "activity_lines": [ 15758.0, 15574.181818, 15226.809524, 15006.752688 ] }, { "date": "2024-11-29", "close": 16210.0, "volume": 1195, "typical_volume": 17069.85, "trend": 14806.0, "fair_value": 14243.717949, "relative_strength": -2.485328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.628895, "energy": 90.41655, "activity_lines": [ 15939.333333, 15718.363636, 15344.047619, 15102.172043 ] }, { "date": "2024-12-06", "close": 16280.0, "volume": 186911, "typical_volume": 26246.35, "trend": 14879.666667, "fair_value": 14240.25641, "relative_strength": -4.542153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.471419, "energy": 89.604917, "activity_lines": [ 16106.0, 15852.727273, 15458.904762, 15197.268817 ] }, { "date": "2024-12-13", "close": 15950.0, "volume": 250645, "typical_volume": 38340.1, "trend": 14933.333333, "fair_value": 14232.24359, "relative_strength": -6.674418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.354438, "energy": 72.37093, "activity_lines": [ 16084.666667, 15906.0, 15533.952381, 15266.322581 ] }, { "date": "2024-12-20", "close": 15750.0, "volume": 251501, "typical_volume": 50420.9, "trend": 14976.666667, "fair_value": 14226.602564, "relative_strength": -8.885279, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.918144, "energy": 58.213969, "activity_lines": [ 15981.333333, 15908.181818, 15583.285714, 15319.010753 ] }, { "date": "2024-12-27", "close": 16080.0, "volume": 126779, "typical_volume": 55916.35, "trend": 15037.0, "fair_value": 14221.346154, "relative_strength": -7.349778, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.778741, "energy": 53.503428, "activity_lines": [ 16001.333333, 15958.909091, 15660.761905, 15390.193548 ] }, { "date": "2025-01-03", "close": 15870.0, "volume": 128077, "typical_volume": 62023.15, "trend": 15093.333333, "fair_value": 14215.961538, "relative_strength": -9.705289, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.68963, "energy": 36.042582, "activity_lines": [ 15940.0, 15960.727273, 15709.047619, 15443.935484 ] }, { "date": "2025-01-10", "close": 16030.0, "volume": 99419, "typical_volume": 66808.2, "trend": 15146.666667, "fair_value": 14217.564103, "relative_strength": -9.868645, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.54953, "energy": 35.57504, "activity_lines": [ 15954.666667, 15987.454545, 15766.142857, 15504.365591 ] }, { "date": "2025-01-17", "close": 15810.0, "volume": 247, "typical_volume": 66436.75, "trend": 15207.333333, "fair_value": 14217.820513, "relative_strength": -13.401847, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.279454, "energy": 32.316571, "activity_lines": [ 15912.666667, 15957.454545, 15797.428571, 15547.16129 ] }, { "date": "2025-01-24", "close": 16160.0, "volume": 808, "typical_volume": 64381.1, "trend": 15273.666667, "fair_value": 14225.384615, "relative_strength": -10.87522, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.324455, "energy": 37.811125, "activity_lines": [ 15996.666667, 15989.454545, 15856.809524, 15608.623656 ] }, { "date": "2025-01-31", "close": 16430.0, "volume": 2900, "typical_volume": 64128.55, "trend": 15338.333333, "fair_value": 14240.576923, "relative_strength": -6.557742, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.128533, "energy": 47.172298, "activity_lines": [ 16143.333333, 16066.727273, 15933.095238, 15683.225806 ] }, { "date": "2025-02-07", "close": 16630.0, "volume": 1920, "typical_volume": 63505.65, "trend": 15415.666667, "fair_value": 14254.038462, "relative_strength": -7.331158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.151297, "energy": 64.70396, "activity_lines": [ 16333.333333, 16170.909091, 16018.142857, 15766.55914 ] }, { "date": "2025-02-14", "close": 16990.0, "volume": 6904, "typical_volume": 61883.95, "trend": 15498.0, "fair_value": 14260.833333, "relative_strength": -4.666661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.716345, "energy": 86.175761, "activity_lines": [ 16592.666667, 16332.909091, 16129.571429, 15868.129032 ] }, { "date": "2025-02-21", "close": 16670.0, "volume": 2660, "typical_volume": 61629.9, "trend": 15568.666667, "fair_value": 14269.935897, "relative_strength": -6.745071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.296082, "energy": 78.451501, "activity_lines": [ 16681.333333, 16423.818182, 16201.619048, 15943.741935 ] }, { "date": "2025-02-28", "close": 15890.0, "volume": 868, "typical_volume": 61409.15, "trend": 15596.333333, "fair_value": 14282.051282, "relative_strength": -9.213729, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.169266, "energy": 45.95355, "activity_lines": [ 16452.666667, 16359.818182, 16192.095238, 15964.473118 ] }, { "date": "2025-03-07", "close": 15610.0, "volume": 1385, "typical_volume": 61416.45, "trend": 15645.0, "fair_value": 14283.205128, "relative_strength": -10.422506, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.351132, "energy": 15.616165, "activity_lines": [ 16148.666667, 16242.363636, 16152.238095, 15965.354839 ] }, { "date": "2025-03-14", "close": 15080.0, "volume": 100, "typical_volume": 61133.95, "trend": 15663.666667, "fair_value": 14284.358974, "relative_strength": -14.554639, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -20.325316, "energy": 30.247677, "activity_lines": [ 15722.666667, 16037.090909, 16061.333333, 15928.903226 ] }, { "date": "2025-03-21", "close": 15580.0, "volume": 1322, "typical_volume": 60219.2, "trend": 15682.666667, "fair_value": 14291.089744, "relative_strength": -11.078645, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.240208, "energy": 36.37606, "activity_lines": [ 15566.666667, 15937.090909, 16020.714286, 15923.505376 ] }, { "date": "2025-03-28", "close": 15710.0, "volume": 948, "typical_volume": 53883.8, "trend": 15716.0, "fair_value": 14292.435897, "relative_strength": -8.580914, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.75903, "energy": 35.538098, "activity_lines": [ 15548.0, 15868.909091, 15990.238095, 15925.268817 ] }, { "date": "2025-04-04", "close": 14960.0, "volume": 2105, "typical_volume": 53507.25, "trend": 15737.666667, "fair_value": 14290.641026, "relative_strength": -12.089848, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.027183, "energy": 59.606018, "activity_lines": [ 15343.333333, 15666.181818, 15888.380952, 15876.494624 ] }, { "date": "2025-04-11", "close": 14810.0, "volume": 1675, "typical_volume": 53418.45, "trend": 15755.666667, "fair_value": 14288.076923, "relative_strength": -11.494108, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.543677, "energy": 56.37259, "activity_lines": [ 15150.666667, 15458.0, 15776.952381, 15816.645161 ] }, { "date": "2025-04-18", "close": 14840.0, "volume": 1663, "typical_volume": 53441.85, "trend": 15751.333333, "fair_value": 14286.410256, "relative_strength": -13.573918, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.42005, "energy": 55.718559, "activity_lines": [ 15021.333333, 15284.727273, 15673.619048, 15757.569892 ] }, { "date": "2025-04-25", "close": 14800.0, "volume": 7, "typical_volume": 44096.65, "trend": 15740.666667, "fair_value": 14284.74359, "relative_strength": -14.022098, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.005529, "energy": 73.892681, "activity_lines": [ 14894.666667, 15136.727273, 15573.0, 15696.193548 ] }, { "date": "2025-05-02", "close": 14980.0, "volume": 157, "typical_volume": 31572.25, "trend": 15735.333333, "fair_value": 14288.910256, "relative_strength": -13.053931, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.449279, "energy": 69.991655, "activity_lines": [ 14880.0, 15061.272727, 15496.571429, 15647.11828 ] }, { "date": "2025-05-09", "close": 15430.0, "volume": 2906, "typical_volume": 19142.5, "trend": 15745.666667, "fair_value": 14295.576923, "relative_strength": -14.174905, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.912943, "energy": 42.842577, "activity_lines": [ 15064.0, 15098.363636, 15467.619048, 15627.419355 ] }, { "date": "2025-05-16", "close": 15590.0, "volume": 3202, "typical_volume": 12963.65, "trend": 15749.0, "fair_value": 14315.897436, "relative_strength": -12.745387, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.582867, "energy": 25.134122, "activity_lines": [ 15270.0, 15172.909091, 15455.428571, 15617.376344 ] }, { "date": "2025-05-23", "close": 15430.0, "volume": 2351, "typical_volume": 6677.35, "trend": 15742.0, "fair_value": 14331.153846, "relative_strength": -12.107127, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.507397, "energy": 23.279127, "activity_lines": [ 15370.666667, 15218.727273, 15430.333333, 15596.795699 ] }, { "date": "2025-05-30", "close": 15450.0, "volume": 1901, "typical_volume": 1801.45, "trend": 15753.333333, "fair_value": 14346.794872, "relative_strength": -15.163945, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.130775, "energy": 25.135261, "activity_lines": [ 15438.666667, 15261.818182, 15409.238095, 15577.956989 ] }, { "date": "2025-06-06", "close": 15810.0, "volume": 255, "typical_volume": 1801.85, "trend": 15756.333333, "fair_value": 14361.025641, "relative_strength": -13.88982, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.816323, "energy": 17.974952, "activity_lines": [ 15583.333333, 15372.727273, 15425.190476, 15581.612903 ] }, { "date": "2025-06-13", "close": 16080.0, "volume": 3292, "typical_volume": 1926.05, "trend": 15760.666667, "fair_value": 14375.064103, "relative_strength": -10.761081, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 27.913591, "energy": 27.889153, "activity_lines": [ 15762.666667, 15530.909091, 15466.857143, 15602.494624 ] }, { "date": "2025-06-20", "close": 15510.0, "volume": 805, "typical_volume": 1821.3, "trend": 15747.333333, "fair_value": 14391.730769, "relative_strength": -17.798044, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.891245, "energy": 17.44649, "activity_lines": [ 15708.666667, 15565.090909, 15454.619048, 15586.322581 ] }, { "date": "2025-06-27", "close": 15700.0, "volume": 39940, "typical_volume": 3722.3, "trend": 15730.333333, "fair_value": 14407.435897, "relative_strength": -18.391775, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.33785, "energy": 17.735012, "activity_lines": [ 15723.333333, 15621.090909, 15464.857143, 15583.268817 ] }, { "date": "2025-07-04", "close": 15800.0, "volume": 121, "typical_volume": 3383.15, "trend": 15714.333333, "fair_value": 14423.397436, "relative_strength": -20.754696, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.999077, "energy": 31.903973, "activity_lines": [ 15753.333333, 15679.636364, 15489.047619, 15587.763441 ] }, { "date": "2025-07-11", "close": 15950.0, "volume": 22, "typical_volume": 3251.25, "trend": 15714.333333, "fair_value": 14438.333333, "relative_strength": -20.34955, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.385533, "energy": 38.523238, "activity_lines": [ 15810.0, 15747.272727, 15533.190476, 15602.967742 ] }, { "date": "2025-07-18", "close": 15510.0, "volume": 705, "typical_volume": 3243.1, "trend": 15706.333333, "fair_value": 14451.987179, "relative_strength": -20.847199, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 1.460322, "energy": 10.592807, "activity_lines": [ 15710.666667, 15717.272727, 15538.857143, 15589.784946 ] }, { "date": "2025-07-25", "close": 15850.0, "volume": 5837, "typical_volume": 3465.7, "trend": 15698.666667, "fair_value": 14464.74359, "relative_strength": -19.392697, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.967561, "energy": 17.293454, "activity_lines": [ 15762.666667, 15747.636364, 15578.714286, 15599.053763 ] }, { "date": "2025-08-01", "close": 15620.0, "volume": 13392, "typical_volume": 4130.3, "trend": 15690.333333, "fair_value": 14475.705128, "relative_strength": -19.454428, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.925188, "energy": 9.438558, "activity_lines": [ 15715.333333, 15731.454545, 15595.52381, 15593.978495 ] }, { "date": "2025-08-08", "close": 15640.0, "volume": 197, "typical_volume": 4074.05, "trend": 15677.333333, "fair_value": 14484.551282, "relative_strength": -16.747716, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.535075, "energy": 7.596894, "activity_lines": [ 15680.0, 15715.454545, 15611.666667, 15590.731183 ] }, { "date": "2025-08-15", "close": 15000.0, "volume": 57488, "typical_volume": 6901.05, "trend": 15650.333333, "fair_value": 14487.884615, "relative_strength": -20.52132, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.918826, "energy": 28.181002, "activity_lines": [ 15442.0, 15579.636364, 15566.571429, 15547.032258 ] }, { "date": "2025-08-22", "close": 15050.0, "volume": 302, "typical_volume": 6810.9, "trend": 15613.333333, "fair_value": 14493.012821, "relative_strength": -20.541919, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.826868, "energy": 50.312593, "activity_lines": [ 15284.0, 15467.636364, 15529.619048, 15508.301075 ] }, { "date": "2025-08-29", "close": 15390.0, "volume": 889, "typical_volume": 6771.6, "trend": 15578.666667, "fair_value": 14503.397436, "relative_strength": -20.197703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.472148, "energy": 50.66899, "activity_lines": [ 15270.0, 15436.181818, 15524.619048, 15493.892473 ] }, { "date": "2025-09-12", "close": 15850.0, "volume": 79, "typical_volume": 6692.4, "trend": 15552.666667, "fair_value": 14516.730769, "relative_strength": -17.92031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -2.205051, "energy": 15.369961, "activity_lines": [ 15440.0, 15490.545455, 15560.666667, 15511.397849 ] }, { "date": "2025-09-19", "close": 16260.0, "volume": 344, "typical_volume": 6709.25, "trend": 15528.333333, "fair_value": 14534.423077, "relative_strength": -13.400717, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.124783, "energy": 36.601691, "activity_lines": [ 15731.333333, 15616.727273, 15630.952381, 15557.032258 ] }, { "date": "2025-09-26", "close": 16320.0, "volume": 4, "typical_volume": 6701.6, "trend": 15516.666667, "fair_value": 14548.269231, "relative_strength": -12.873606, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 75.683107, "energy": 71.935796, "activity_lines": [ 16001.333333, 15745.454545, 15700.0, 15608.107527 ] }, { "date": "2025-10-03", "close": 16230.0, "volume": 780, "typical_volume": 6595.3, "trend": 15528.0, "fair_value": 14565.576923, "relative_strength": -17.262631, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.796995, "energy": 78.067869, "activity_lines": [ 16153.333333, 15851.090909, 15754.095238, 15654.129032 ] }, { "date": "2025-10-10", "close": 16100.0, "volume": 58, "typical_volume": 6438.1, "trend": 15544.333333, "fair_value": 14582.435897, "relative_strength": -19.240857, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.526716, "energy": 76.7569, "activity_lines": [ 16183.333333, 15920.0, 15792.0, 15691.032258 ] }, { "date": "2025-10-17", "close": 16220.0, "volume": 12, "typical_volume": 6321.15, "trend": 15582.333333, "fair_value": 14598.012821, "relative_strength": -16.429879, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.080007, "energy": 74.428181, "activity_lines": [ 16206.0, 16006.181818, 15838.904762, 15734.623656 ] }, { "date": "2025-10-24", "close": 16040.0, "volume": 9300, "typical_volume": 6691.1, "trend": 15597.666667, "fair_value": 14617.948718, "relative_strength": -16.458558, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.788832, "energy": 53.027574, "activity_lines": [ 16144.0, 16048.727273, 15864.904762, 15764.150538 ] }, { "date": "2025-10-31", "close": 15960.0, "volume": 17101, "typical_volume": 7533.4, "trend": 15606.0, "fair_value": 14636.153846, "relative_strength": -18.138308, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.942595, "energy": 36.403534, "activity_lines": [ 16070.0, 16069.454545, 15880.47619, 15787.526882 ] }, { "date": "2025-11-07", "close": 15600.0, "volume": 4248, "typical_volume": 7581.2, "trend": 15627.333333, "fair_value": 14651.217949, "relative_strength": -20.927487, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.747343, "energy": 14.133655, "activity_lines": [ 15900.0, 16007.272727, 15861.047619, 15787.139785 ] }, { "date": "2025-11-14", "close": 15540.0, "volume": 8999, "typical_volume": 7990.9, "trend": 15651.666667, "fair_value": 14668.333333, "relative_strength": -22.852991, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 7.991772, "energy": 17.797593, "activity_lines": [ 15752.0, 15924.181818, 15838.190476, 15781.505376 ] }, { "date": "2025-11-21", "close": 14960.0, "volume": 7157, "typical_volume": 6351.75, "trend": 15655.666667, "fair_value": 14681.666667, "relative_strength": -23.429281, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -45.894347, "energy": 44.956574, "activity_lines": [ 15448.0, 15732.909091, 15759.952381, 15736.88172 ] }, { "date": "2025-11-28", "close": 14890.0, "volume": 85, "typical_volume": 6349.95, "trend": 15658.666667, "fair_value": 14688.974359, "relative_strength": -23.825616, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.201356, "energy": 71.671059, "activity_lines": [ 15204.666667, 15545.090909, 15678.571429, 15687.483871 ] }, { "date": "2025-12-05", "close": 15200.0, "volume": 16, "typical_volume": 6349.65, "trend": 15666.0, "fair_value": 14701.346154, "relative_strength": -24.088996, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.225406, "energy": 76.847739, "activity_lines": [ 15141.333333, 15438.545455, 15631.047619, 15657.892473 ] }, { "date": "2025-12-12", "close": 15550.0, "volume": 428, "typical_volume": 6335.8, "trend": 15670.0, "fair_value": 14717.820513, "relative_strength": -24.324475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.456521, "energy": 69.935015, "activity_lines": [ 15245.333333, 15416.0, 15620.428571, 15650.408602 ] }, { "date": "2025-12-19", "close": 15610.0, "volume": 441, "typical_volume": 6066.0, "trend": 15670.666667, "fair_value": 14732.820513, "relative_strength": -23.985868, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.093453, "energy": 39.395337, "activity_lines": [ 15372.666667, 15416.727273, 15615.333333, 15646.537634 ] }, { "date": "2025-12-26", "close": 15780.0, "volume": 734, "typical_volume": 5433.1, "trend": 15682.333333, "fair_value": 14749.74359, "relative_strength": -21.298911, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.490887, "energy": 17.308694, "activity_lines": [ 15552.0, 15457.272727, 15627.571429, 15653.591398 ] }, { "date": "2026-01-02", "close": 15770.0, "volume": 230, "typical_volume": 5434.75, "trend": 15693.0, "fair_value": 14769.038462, "relative_strength": -22.639449, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.009127, "energy": 22.506182, "activity_lines": [ 15673.333333, 15504.0, 15638.095238, 15659.247312 ] }, { "date": "2026-01-09", "close": 16320.0, "volume": 2834, "typical_volume": 2702.05, "trend": 15710.0, "fair_value": 14787.75641, "relative_strength": -22.68176, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.138987, "energy": 36.266874, "activity_lines": [ 15919.333333, 15655.636364, 15700.380952, 15699.698925 ] }, { "date": "2026-01-16", "close": 16360.0, "volume": 550, "typical_volume": 2714.45, "trend": 15719.333333, "fair_value": 14808.525641, "relative_strength": -24.072879, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.231551, "energy": 60.512771, "activity_lines": [ 16104.0, 15808.0, 15760.190476, 15741.634409 ] }, { "date": "2026-01-23", "close": 16320.0, "volume": 1422, "typical_volume": 2741.1, "trend": 15746.333333, "fair_value": 14827.884615, "relative_strength": -23.954076, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.884802, "energy": 71.382128, "activity_lines": [ 16221.333333, 15939.272727, 15809.952381, 15780.387097 ] }, { "date": "2026-01-30", "close": 16420.0, "volume": 4346, "typical_volume": 2954.45, "trend": 15770.333333, "fair_value": 14846.153846, "relative_strength": -23.177782, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.438486, "energy": 75.891721, "activity_lines": [ 16324.666667, 16074.545455, 15864.809524, 15823.849462 ] }, { "date": "2026-02-06", "close": 15040.0, "volume": 4915, "typical_volume": 3183.0, "trend": 15745.0, "fair_value": 14849.74359, "relative_strength": -29.712219, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 15.481359, "energy": 15.365365, "activity_lines": [ 15925.333333, 15932.363636, 15785.52381, 15776.731183 ] }, { "date": "2026-02-13", "close": 15030.0, "volume": 6324, "typical_volume": 3499.0, "trend": 15714.333333, "fair_value": 14853.333333, "relative_strength": -30.991896, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.118463, "energy": 22.043133, "activity_lines": [ 15571.333333, 15785.636364, 15711.095238, 15730.602151 ] }, { "date": "2026-02-20", "close": 15180.0, "volume": 4324, "typical_volume": 3676.2, "trend": 15703.333333, "fair_value": 14857.75641, "relative_strength": -30.500716, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -50.495773, "energy": 42.155994, "activity_lines": [ 15353.333333, 15669.272727, 15657.095238, 15696.129032 ] }, { "date": "2026-02-27", "close": 14790.0, "volume": 915, "typical_volume": 3719.05, "trend": 15668.0, "fair_value": 14860.0, "relative_strength": -29.787432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.242746, "energy": 58.50281, "activity_lines": [ 15084.0, 15488.727273, 15570.952381, 15637.204301 ] }, { "date": "2026-03-06", "close": 15550.0, "volume": 10567, "typical_volume": 4246.8, "trend": 15665.666667, "fair_value": 14869.038462, "relative_strength": -29.284608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.750522, "energy": 64.277397, "activity_lines": [ 15170.0, 15461.272727, 15563.428571, 15629.591398 ] }, { "date": "2026-03-13", "close": 15250.0, "volume": 3359, "typical_volume": 3949.75, "trend": 15652.666667, "fair_value": 14876.346154, "relative_strength": -26.930412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.921412, "energy": 54.401519, "activity_lines": [ 15214.0, 15383.454545, 15530.52381, 15602.774194 ] }, { "date": "2026-03-20", "close": 16000.0, "volume": 5191, "typical_volume": 3354.25, "trend": 15686.0, "fair_value": 14891.346154, "relative_strength": -25.096468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.90423, "energy": 13.189067, "activity_lines": [ 15494.0, 15451.454545, 15572.809524, 15625.182796 ] }, { "date": "2026-03-27", "close": 15840.0, "volume": 1194, "typical_volume": 3201.55, "trend": 15712.333333, "fair_value": 14904.935897, "relative_strength": -21.256756, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.023318, "energy": 16.784477, "activity_lines": [ 15656.0, 15496.181818, 15599.666667, 15635.11828 ] }, { "date": "2026-04-03", "close": 15090.0, "volume": 312, "typical_volume": 2767.2, "trend": 15702.333333, "fair_value": 14913.910256, "relative_strength": -25.773161, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.962721, "energy": 20.339758, "activity_lines": [ 15524.0, 15414.0, 15553.952381, 15594.967742 ] }, { "date": "2026-04-10", "close": 15550.0, "volume": 11, "typical_volume": 2409.9, "trend": 15692.333333, "fair_value": 14924.423077, "relative_strength": -27.127692, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.077528, "energy": 16.131091, "activity_lines": [ 15525.333333, 15437.818182, 15554.190476, 15585.139785 ] }, { "date": "2026-04-17", "close": 15480.0, "volume": 450, "typical_volume": 2428.15, "trend": 15666.333333, "fair_value": 14933.653846, "relative_strength": -26.074841, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.215775, "energy": 12.16351, "activity_lines": [ 15503.333333, 15464.727273, 15544.952381, 15571.44086 ] }, { "date": "2026-04-24", "close": 15550.0, "volume": 443, "typical_volume": 2449.5, "trend": 15640.666667, "fair_value": 14944.294872, "relative_strength": -24.260063, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.284775, "energy": 18.307964, "activity_lines": [ 15489.333333, 15496.363636, 15539.571429, 15563.935484 ] }, { "date": "2026-05-01", "close": 15200.0, "volume": 75962, "typical_volume": 6226.2, "trend": 15606.333333, "fair_value": 14956.025641, "relative_strength": -26.268086, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.396296, "energy": 22.283424, "activity_lines": [ 15388.666667, 15454.909091, 15499.190476, 15535.505376 ] }, { "date": "2026-05-08", "close": 15250.0, "volume": 6864, "typical_volume": 6547.35, "trend": 15578.0, "fair_value": 14969.038462, "relative_strength": -26.712492, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.708947, "energy": 28.861913, "activity_lines": [ 15347.333333, 15422.181818, 15465.238095, 15512.516129 ] }, { "date": "2026-05-15", "close": 15490.0, "volume": 3083, "typical_volume": 6664.8, "trend": 15553.666667, "fair_value": 14980.192308, "relative_strength": -22.59537, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.791359, "energy": 25.858679, "activity_lines": [ 15375.333333, 15424.727273, 15455.857143, 15506.83871 ] }, { "date": "2026-05-22", "close": 15470.0, "volume": 1505, "typical_volume": 6728.55, "trend": 15534.666667, "fair_value": 14989.74359, "relative_strength": -22.06589, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.239243, "energy": 25.226002, "activity_lines": [ 15400.666667, 15424.727273, 15445.952381, 15501.44086 ] }, { "date": "2026-05-29", "close": 162.1, "volume": 554, "typical_volume": 6614.55, "trend": 15008.07, "fair_value": 14899.500641, "relative_strength": -99.174055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.251824, "energy": 97.42112, "activity_lines": [ 10324.033333, 12637.472727, 13979.580952, 14509.662366 ] }, { "date": "2026-06-05", "close": 163.9, "volume": 5886, "typical_volume": 6881.35, "trend": 14493.533333, "fair_value": 14807.858974, "relative_strength": -99.105915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -97.223106, "energy": 99.004027, "activity_lines": [ 6273.86, 10138.507273, 12590.323333, 13551.973978 ] }, { "date": "2026-06-12", "close": 160.8, "volume": 8692, "typical_volume": 7244.85, "trend": 13980.893333, "fair_value": 14717.54359, "relative_strength": -99.115368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.228681, "energy": 98.329054, "activity_lines": [ 3225.06, 7923.998182, 11277.894762, 12627.281505 ] }, { "date": "2026-06-19", "close": 161.7, "volume": 176, "typical_volume": 7036.35, "trend": 13487.616667, "fair_value": 14626.785256, "relative_strength": -99.041508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.923982, "energy": 94.023347, "activity_lines": [ 1182.506667, 5981.092727, 10042.500476, 11735.720645 ] }, { "date": "2026-06-26", "close": 157.6, "volume": 28, "typical_volume": 6792.0, "trend": 12996.536667, "fair_value": 14537.410897, "relative_strength": -99.013643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.715562, "energy": 89.050004, "activity_lines": [ 160.473333, 4317.229091, 8884.13619, 10875.71957 ] }, { "date": "2026-07-03", "close": 168.1, "volume": 188, "typical_volume": 6485.2, "trend": 12495.473333, "fair_value": 14446.69359, "relative_strength": -98.944892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.665251, "energy": 89.029337, "activity_lines": [ 162.766667, 2933.863636, 7797.640476, 10048.078495 ] }, { "date": "2026-07-10", "close": 168.9, "volume": 54, "typical_volume": 6271.7, "trend": 11982.77, "fair_value": 14357.135256, "relative_strength": -98.893457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.324698, "energy": 86.627682, "activity_lines": [ 164.926667, 1830.314545, 6781.991905, 9252.815699 ] }, { "date": "2026-07-17", "close": 165.5, "volume": 1645, "typical_volume": 6308.2, "trend": 11467.953333, "fair_value": 14265.247436, "relative_strength": -98.909128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.298005, "energy": 68.47598, "activity_lines": [ 165.62, 999.44, 5837.500952, 8490.411183 ] }, { "date": "2026-07-24", "close": 164.5, "volume": 4541, "typical_volume": 6006.9, "trend": 10947.436667, "fair_value": 14171.622436, "relative_strength": -98.9153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.231352, "energy": 68.27187, "activity_lines": [ 165.666667, 442.647273, 4962.555238, 7761.156129 ] }, { "date": "2026-07-31", "close": 161.1, "volume": 1865, "typical_volume": 5932.2, "trend": 10427.14, "fair_value": 14078.232051, "relative_strength": -98.879888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.153852, "energy": 64.866453, "activity_lines": [ 164.393333, 163.881818, 4160.55, 7065.263441 ] }, { "date": "2026-08-07", "close": 163.2, "volume": 4764, "typical_volume": 5910.85, "trend": 9888.58, "fair_value": 13986.201282, "relative_strength": -98.837418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.923506, "energy": 67.554671, "activity_lines": [ 163.586667, 163.841818, 3430.596667, 6403.073763 ] } ], "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." } } }