{ "ticker": { "uuid": "c27fd0fd-cbd6-4b43-b1cd-9315e6c2f176", "symbol": "QLIRO", "name": "Qliro AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -44.76, "architecture_energy": 38.319, "architecture_maturity": 38.162, "architecture_confidence": 84.738, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 40.55, "rotation_up": 17.71, "upward_expansion": 12.57, "deceleration": 35.93, "rotation_down": 56.26, "downward_expansion": 74.23 }, "activity_lines": [ 18.196667, 18.497273, 18.623333, 18.65595 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 18.700001, "trend_reference": 18.662222, "distance_from_trend": 0.002024, "trend_direction": "Improving", "fair_value": 21.450914, "distance_from_fair_value": -0.128242, "fair_value_direction": "Improving", "relative_strength": -11.233536, "relative_strength_direction": "Improving", "price_momentum": 0.056497, "excess_performance": -0.004997, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.002024, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021623, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.128242, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.033194, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.112335, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.042023, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.056497, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.753075, "read": "Supply-led" } ], "volume": { "latest": 281144, "relative_activity": 1.289107, "balance": 0.753075, "dry_up": 1.222348, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.052653, "annualized_volatility": 0.367886, "from_high_reference": -0.217573, "from_low_reference": 0.129909 }, "levels": { "trend_reference": 18.662222, "fair_value_reference": 21.450914, "structural_low": 17.1, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.001429, "positive_rate": 0.466667, "directional_follow_through": 0.466667, "median_excess_return": 0.011449, "regime_survival": 0.466667, "best_return": 0.137339, "worst_return": -0.096899, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.050792, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.025136, "regime_survival": 0.333333, "best_return": 0.811912, "worst_return": -0.173913, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.20498, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.219113, "regime_survival": 0.0, "best_return": 0.931818, "worst_return": -0.338086, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.187882, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.260185, "regime_survival": 0.333333, "best_return": 0.482759, "worst_return": -0.273764, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-10-11", "tenure": "New", "return": 0.08365, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": -0.071942, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-12-13", "tenure": "Developing", "return": -0.096899, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": -0.004386, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-06-27", "tenure": "Established", "return": -0.029167, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": -0.008696, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.054167, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": -0.140969, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-12", "tenure": "New", "return": -0.007813, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-10-03", "tenure": "New", "return": -0.005236, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-10", "end": "2026-02-13", "tenure": "Established", "return": 0.06383, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.137255, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": 0.050562, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.799999, "volume": 111229, "typical_volume": 141755.65, "trend": 18.848667, "fair_value": 26.401523, "relative_strength": 47.52131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.819352, "energy": 48.452227, "activity_lines": [ 27.1, 26.889091, 23.805714, 21.504043 ] }, { "date": "2023-08-25", "close": 28.700001, "volume": 147274, "typical_volume": 148113.5, "trend": 19.316, "fair_value": 26.416645, "relative_strength": 68.565644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.875899, "energy": 45.588853, "activity_lines": [ 27.42, 27.370909, 24.524762, 22.139613 ] }, { "date": "2023-09-01", "close": 26.799999, "volume": 105589, "typical_volume": 144580.3, "trend": 19.719333, "fair_value": 26.41915, "relative_strength": 53.401394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.737233, "energy": 31.473593, "activity_lines": [ 27.12, 27.385454, 24.990238, 22.622452 ] }, { "date": "2023-09-08", "close": 24.5, "volume": 89132, "typical_volume": 145000.45, "trend": 20.022, "fair_value": 26.406688, "relative_strength": 39.936876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.250544, "energy": 23.773119, "activity_lines": [ 26.16, 26.910909, 25.187857, 22.930882 ] }, { "date": "2023-09-15", "close": 23.799999, "volume": 105574, "typical_volume": 147918.35, "trend": 20.307333, "fair_value": 26.389871, "relative_strength": 34.075921, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.985469, "energy": 19.768284, "activity_lines": [ 25.306666, 26.298182, 25.278095, 23.174624 ] }, { "date": "2023-09-22", "close": 25.299999, "volume": 84132, "typical_volume": 150105.05, "trend": 20.700667, "fair_value": 26.382885, "relative_strength": 43.134186, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.64025, "energy": 18.473986, "activity_lines": [ 25.166666, 25.990909, 25.473571, 23.496731 ] }, { "date": "2023-09-29", "close": 23.9, "volume": 45434, "typical_volume": 150600.15, "trend": 21.030667, "fair_value": 26.296346, "relative_strength": 34.6927, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.570541, "energy": 15.159353, "activity_lines": [ 24.526666, 25.467272, 25.493333, 23.70314 ] }, { "date": "2023-10-06", "close": 21.0, "volume": 82145, "typical_volume": 152878.45, "trend": 21.266, "fair_value": 26.182244, "relative_strength": 17.696144, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.662008, "energy": 12.527173, "activity_lines": [ 23.24, 24.507272, 25.202619, 23.701161 ] }, { "date": "2023-10-13", "close": 19.950001, "volume": 74810, "typical_volume": 153708.2, "trend": 21.497667, "fair_value": 26.084167, "relative_strength": 9.437661, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.130929, "energy": 20.458034, "activity_lines": [ 21.99, 23.490909, 24.79, 23.616258 ] }, { "date": "2023-10-20", "close": 19.1, "volume": 122828, "typical_volume": 158526.45, "trend": 21.667667, "fair_value": 25.979038, "relative_strength": 9.834186, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.41605, "energy": 49.036851, "activity_lines": [ 20.76, 22.495454, 24.281667, 23.46157 ] }, { "date": "2023-10-27", "close": 17.950001, "volume": 103174, "typical_volume": 160483.15, "trend": 21.8, "fair_value": 25.879359, "relative_strength": 4.317312, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.458674, "energy": 60.257595, "activity_lines": [ 19.460001, 21.434546, 23.65619, 23.22172 ] }, { "date": "2023-11-03", "close": 20.4, "volume": 49762, "typical_volume": 140682.7, "trend": 22.031667, "fair_value": 25.79218, "relative_strength": 13.516363, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.433042, "energy": 51.514635, "activity_lines": [ 19.466667, 20.943637, 23.258571, 23.131398 ] }, { "date": "2023-11-10", "close": 19.950001, "volume": 38741, "typical_volume": 125989.35, "trend": 22.145, "fair_value": 25.719423, "relative_strength": 10.797974, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.57678, "energy": 45.779677, "activity_lines": [ 19.556667, 20.521819, 22.825714, 22.997097 ] }, { "date": "2023-11-17", "close": 19.200001, "volume": 22418, "typical_volume": 120779.0, "trend": 22.253333, "fair_value": 25.635128, "relative_strength": 1.975691, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.698391, "energy": 35.78145, "activity_lines": [ 19.466667, 20.088182, 22.335476, 22.807097 ] }, { "date": "2023-11-24", "close": 18.85, "volume": 20531, "typical_volume": 111193.25, "trend": 22.351667, "fair_value": 25.544423, "relative_strength": -1.796309, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.750732, "energy": 32.445784, "activity_lines": [ 19.310001, 19.687273, 21.834286, 22.587527 ] }, { "date": "2023-12-01", "close": 18.549999, "volume": 31274, "typical_volume": 102256.4, "trend": 22.423333, "fair_value": 25.455, "relative_strength": -4.709484, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.557171, "energy": 51.314511, "activity_lines": [ 19.07, 19.321818, 21.336667, 22.342258 ] }, { "date": "2023-12-08", "close": 18.0, "volume": 39494, "typical_volume": 91383.55, "trend": 22.466667, "fair_value": 25.374551, "relative_strength": -10.371997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.017026, "energy": 62.196238, "activity_lines": [ 18.606667, 18.979091, 20.82881, 22.056882 ] }, { "date": "2023-12-15", "close": 18.5, "volume": 48961, "typical_volume": 84640.5, "trend": 22.536667, "fair_value": 25.283205, "relative_strength": -11.032425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.436418, "energy": 61.565167, "activity_lines": [ 18.47, 18.834546, 20.420476, 21.800968 ] }, { "date": "2023-12-22", "close": 21.200001, "volume": 71581, "typical_volume": 80627.85, "trend": 22.681667, "fair_value": 25.187372, "relative_strength": 1.744218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.709153, "energy": 34.050697, "activity_lines": [ 19.33, 19.226364, 20.316429, 21.714731 ] }, { "date": "2023-12-29", "close": 21.0, "volume": 40181, "typical_volume": 71713.2, "trend": 22.798333, "fair_value": 25.082564, "relative_strength": -0.521176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.958636, "energy": 23.986377, "activity_lines": [ 19.99, 19.559091, 20.233334, 21.606237 ] }, { "date": "2024-01-05", "close": 20.4, "volume": 38775, "typical_volume": 68090.5, "trend": 22.918333, "fair_value": 24.982564, "relative_strength": -1.33952, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.688958, "energy": 22.747999, "activity_lines": [ 20.306667, 19.748182, 20.121667, 21.451505 ] }, { "date": "2024-01-12", "close": 19.950001, "volume": 46054, "typical_volume": 63029.5, "trend": 22.85, "fair_value": 24.8675, "relative_strength": -4.708911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.646407, "energy": 22.853459, "activity_lines": [ 20.35, 19.810909, 19.988095, 21.26 ] }, { "date": "2024-01-19", "close": 19.75, "volume": 20545, "typical_volume": 58777.3, "trend": 22.745, "fair_value": 24.68, "relative_strength": -3.655701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.548828, "energy": 17.949528, "activity_lines": [ 20.196667, 19.845455, 19.877143, 21.06 ] }, { "date": "2024-01-26", "close": 19.549999, "volume": 37202, "typical_volume": 56180.8, "trend": 22.6, "fair_value": 24.488333, "relative_strength": -7.846927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.270575, "energy": 18.835581, "activity_lines": [ 19.893333, 19.847273, 19.780714, 20.853871 ] }, { "date": "2024-02-02", "close": 20.0, "volume": 54616, "typical_volume": 53632.9, "trend": 22.413333, "fair_value": 24.265897, "relative_strength": -6.048694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.563127, "energy": 22.564256, "activity_lines": [ 19.85, 19.924545, 19.750714, 20.686129 ] }, { "date": "2024-02-09", "close": 19.85, "volume": 77364, "typical_volume": 53294.5, "trend": 22.161667, "fair_value": 24.002115, "relative_strength": -6.426255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.607952, "energy": 21.472063, "activity_lines": [ 19.823333, 19.953636, 19.724524, 20.520753 ] }, { "date": "2024-02-16", "close": 18.9, "volume": 121383, "typical_volume": 57091.95, "trend": 21.828333, "fair_value": 23.777115, "relative_strength": -13.192484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.969817, "energy": 26.186127, "activity_lines": [ 19.516667, 19.786364, 19.63381, 20.310323 ] }, { "date": "2024-02-23", "close": 18.0, "volume": 43015, "typical_volume": 55135.45, "trend": 21.481667, "fair_value": 23.566218, "relative_strength": -18.447544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.210427, "energy": 36.361177, "activity_lines": [ 18.98, 19.439091, 19.481191, 20.063333 ] }, { "date": "2024-03-01", "close": 17.700001, "volume": 81350, "typical_volume": 55462.45, "trend": 21.085, "fair_value": 23.380321, "relative_strength": -20.819125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.533683, "energy": 49.10336, "activity_lines": [ 18.46, 19.046364, 19.314286, 19.819355 ] }, { "date": "2024-03-08", "close": 18.9, "volume": 68601, "typical_volume": 52751.1, "trend": 20.815, "fair_value": 23.197628, "relative_strength": -16.560483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.795719, "energy": 44.672884, "activity_lines": [ 18.463334, 18.935455, 19.272381, 19.678387 ] }, { "date": "2024-03-15", "close": 19.1, "volume": 47013, "typical_volume": 49943.05, "trend": 20.625, "fair_value": 23.004679, "relative_strength": -17.434712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.745622, "energy": 35.565579, "activity_lines": [ 18.606667, 18.899091, 19.250476, 19.567742 ] }, { "date": "2024-03-22", "close": 24.4, "volume": 104888, "typical_volume": 52699.35, "trend": 20.481667, "fair_value": 22.853718, "relative_strength": 4.801092, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.870681, "energy": 20.973564, "activity_lines": [ 20.566667, 19.85, 19.727857, 19.81129 ] }, { "date": "2024-03-29", "close": 23.6, "volume": 44864, "typical_volume": 53005.5, "trend": 20.375, "fair_value": 22.705, "relative_strength": 1.357318, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.927392, "energy": 45.039297, "activity_lines": [ 21.893333, 20.574546, 20.11, 20.012473 ] }, { "date": "2024-04-05", "close": 23.799999, "volume": 13863, "typical_volume": 52577.75, "trend": 20.351667, "fair_value": 22.530641, "relative_strength": 2.055847, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.673826, "energy": 62.976597, "activity_lines": [ 22.913333, 21.265454, 20.49381, 20.233441 ] }, { "date": "2024-04-12", "close": 22.1, "volume": 44309, "typical_volume": 53766.65, "trend": 20.295, "fair_value": 22.351795, "relative_strength": -5.600933, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.463355, "energy": 69.404334, "activity_lines": [ 22.96, 21.57, 20.69381, 20.346237 ] }, { "date": "2024-04-19", "close": 23.65, "volume": 57082, "typical_volume": 55057.05, "trend": 20.24, "fair_value": 22.192179, "relative_strength": 0.730573, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.01182, "energy": 68.553115, "activity_lines": [ 23.31, 22.118182, 21.025952, 20.562688 ] }, { "date": "2024-04-26", "close": 24.5, "volume": 34317, "typical_volume": 54798.2, "trend": 20.26, "fair_value": 22.041859, "relative_strength": 1.545137, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.619263, "energy": 61.245983, "activity_lines": [ 23.64, 22.751818, 21.414762, 20.837527 ] }, { "date": "2024-05-03", "close": 23.0, "volume": 27165, "typical_volume": 53708.4, "trend": 20.326667, "fair_value": 21.888654, "relative_strength": -4.348961, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.636619, "energy": 40.6606, "activity_lines": [ 23.463333, 23.010909, 21.629762, 21.014301 ] }, { "date": "2024-05-10", "close": 23.200001, "volume": 22756, "typical_volume": 51267.15, "trend": 20.435, "fair_value": 21.756603, "relative_strength": -6.997354, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.154785, "energy": 39.632714, "activity_lines": [ 23.393334, 23.215455, 21.842381, 21.199677 ] }, { "date": "2024-05-17", "close": 23.75, "volume": 20780, "typical_volume": 50297.1, "trend": 20.59, "fair_value": 21.627115, "relative_strength": -4.233652, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.56253, "energy": 38.732996, "activity_lines": [ 23.546667, 23.42, 22.097857, 21.413548 ] }, { "date": "2024-05-24", "close": 23.5, "volume": 28958, "typical_volume": 49806.25, "trend": 20.775, "fair_value": 21.496667, "relative_strength": -6.337613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.301606, "energy": 33.2626, "activity_lines": [ 23.506667, 23.490909, 22.316429, 21.60129 ] }, { "date": "2024-05-31", "close": 22.5, "volume": 36281, "typical_volume": 49317.6, "trend": 20.845, "fair_value": 21.367179, "relative_strength": -9.803382, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.811432, "energy": 24.617429, "activity_lines": [ 23.143333, 23.3, 22.425, 21.712581 ] }, { "date": "2024-06-07", "close": 23.450001, "volume": 54574, "typical_volume": 51019.05, "trend": 20.961667, "fair_value": 21.250833, "relative_strength": -6.999618, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.990754, "energy": 23.454575, "activity_lines": [ 23.23, 23.316364, 22.611905, 21.880645 ] }, { "date": "2024-06-14", "close": 23.0, "volume": 316692, "typical_volume": 64993.55, "trend": 21.088333, "fair_value": 21.146346, "relative_strength": -6.484593, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.493488, "energy": 19.435359, "activity_lines": [ 23.136667, 23.253637, 22.738333, 22.012151 ] }, { "date": "2024-06-21", "close": 21.549999, "volume": 73414, "typical_volume": 65933.45, "trend": 21.178333, "fair_value": 21.038654, "relative_strength": -12.466362, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.909773, "energy": 14.689829, "activity_lines": [ 22.573333, 22.941818, 22.710238, 22.041936 ] }, { "date": "2024-06-28", "close": 23.0, "volume": 53020, "typical_volume": 64716.25, "trend": 21.326667, "fair_value": 20.940897, "relative_strength": -6.156274, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.659675, "energy": 14.329856, "activity_lines": [ 22.64, 22.903636, 22.812857, 22.159462 ] }, { "date": "2024-07-05", "close": 26.25, "volume": 155839, "typical_volume": 66439.05, "trend": 21.601667, "fair_value": 20.844423, "relative_strength": 7.891161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.980511, "energy": 34.154989, "activity_lines": [ 23.823333, 23.468182, 23.21, 22.477097 ] }, { "date": "2024-07-12", "close": 26.9, "volume": 116745, "typical_volume": 70125.55, "trend": 21.881667, "fair_value": 20.772308, "relative_strength": 7.876999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.056417, "energy": 57.754988, "activity_lines": [ 24.973333, 24.119091, 23.634048, 22.818925 ] }, { "date": "2024-07-19", "close": 28.0, "volume": 125320, "typical_volume": 72324.05, "trend": 22.108333, "fair_value": 20.730641, "relative_strength": 15.395802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.438591, "energy": 73.886086, "activity_lines": [ 26.26, 24.899091, 24.120476, 23.213656 ] }, { "date": "2024-07-26", "close": 29.0, "volume": 100061, "typical_volume": 73897.05, "trend": 22.375, "fair_value": 20.686731, "relative_strength": 19.470528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.622853, "energy": 80.197481, "activity_lines": [ 27.546667, 25.773636, 24.653095, 23.65828 ] }, { "date": "2024-08-02", "close": 26.950001, "volume": 44893, "typical_volume": 73791.05, "trend": 22.593333, "fair_value": 20.637051, "relative_strength": 16.643414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.868791, "energy": 73.345628, "activity_lines": [ 27.653334, 26.18, 24.942381, 23.953441 ] }, { "date": "2024-08-09", "close": 26.75, "volume": 81223, "typical_volume": 72607.8, "trend": 22.82, "fair_value": 20.594103, "relative_strength": 16.502403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.637902, "energy": 59.875096, "activity_lines": [ 27.43, 26.487273, 25.175238, 24.221613 ] }, { "date": "2024-08-16", "close": 27.75, "volume": 26113, "typical_volume": 71670.25, "trend": 23.086667, "fair_value": 20.564615, "relative_strength": 17.44901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.749124, "energy": 44.456249, "activity_lines": [ 27.506667, 26.899091, 25.492143, 24.539677 ] }, { "date": "2024-08-23", "close": 24.5, "volume": 50476, "typical_volume": 73500.9, "trend": 23.251667, "fair_value": 20.500833, "relative_strength": 3.44027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.351308, "energy": 23.169558, "activity_lines": [ 26.443333, 26.641818, 25.479762, 24.63086 ] }, { "date": "2024-08-30", "close": 24.1, "volume": 79055, "typical_volume": 75238.2, "trend": 23.388333, "fair_value": 20.409487, "relative_strength": 0.937334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.066991, "energy": 15.940153, "activity_lines": [ 25.48, 26.284546, 25.425952, 24.685591 ] }, { "date": "2024-09-06", "close": 23.5, "volume": 15706, "typical_volume": 73169.4, "trend": 23.51, "fair_value": 20.345385, "relative_strength": 3.371285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.062312, "energy": 15.154171, "activity_lines": [ 24.643333, 25.771818, 25.305476, 24.692796 ] }, { "date": "2024-09-13", "close": 24.15, "volume": 20422, "typical_volume": 72474.65, "trend": 23.685, "fair_value": 20.293782, "relative_strength": 4.652216, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.811125, "energy": 19.80604, "activity_lines": [ 24.253333, 25.368182, 25.247619, 24.734086 ] }, { "date": "2024-09-20", "close": 26.299999, "volume": 50034, "typical_volume": 73618.1, "trend": 23.961667, "fair_value": 20.257244, "relative_strength": 11.933697, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.684192, "energy": 14.941803, "activity_lines": [ 24.753333, 25.393636, 25.39619, 24.902796 ] }, { "date": "2024-09-27", "close": 27.299999, "volume": 101770, "typical_volume": 77568.8, "trend": 24.281667, "fair_value": 20.231923, "relative_strength": 13.714107, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.584762, "energy": 15.078243, "activity_lines": [ 25.683333, 25.611818, 25.624286, 25.118172 ] }, { "date": "2024-10-04", "close": 29.25, "volume": 93999, "typical_volume": 81229.75, "trend": 24.626667, "fair_value": 20.220064, "relative_strength": 23.118281, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.288407, "energy": 42.290166, "activity_lines": [ 27.076666, 26.197272, 26.018571, 25.43871 ] }, { "date": "2024-10-11", "close": 28.5, "volume": 45833, "typical_volume": 82073.5, "trend": 24.94, "fair_value": 20.204359, "relative_strength": 20.179191, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.091367, "energy": 55.622337, "activity_lines": [ 27.876666, 26.641818, 26.315238, 25.688602 ] }, { "date": "2024-10-18", "close": 27.799999, "volume": 63610, "typical_volume": 83439.95, "trend": 25.053333, "fair_value": 20.188974, "relative_strength": 16.602532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.14106, "energy": 59.039939, "activity_lines": [ 28.109999, 26.930909, 26.521428, 25.873118 ] }, { "date": "2024-10-25", "close": 27.5, "volume": 125041, "typical_volume": 86963.3, "trend": 25.183333, "fair_value": 20.1925, "relative_strength": 14.988767, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.952168, "energy": 55.093708, "activity_lines": [ 28.0, 27.146363, 26.673809, 26.030968 ] }, { "date": "2024-11-01", "close": 26.5, "volume": 115447, "typical_volume": 76901.05, "trend": 25.273333, "fair_value": 20.193141, "relative_strength": 12.146371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.985154, "energy": 28.555107, "activity_lines": [ 27.476666, 27.184545, 26.711666, 26.115914 ] }, { "date": "2024-11-08", "close": 25.799999, "volume": 114920, "typical_volume": 78976.35, "trend": 25.396667, "fair_value": 20.18609, "relative_strength": 8.971249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.708195, "energy": 13.298278, "activity_lines": [ 26.773333, 27.05909, 26.66619, 26.149892 ] }, { "date": "2024-11-15", "close": 25.799999, "volume": 97569, "typical_volume": 81203.8, "trend": 25.468333, "fair_value": 20.184808, "relative_strength": 10.731706, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.933533, "energy": 13.854689, "activity_lines": [ 26.299999, 26.902727, 26.600476, 26.175914 ] }, { "date": "2024-11-22", "close": 25.0, "volume": 91065, "typical_volume": 77965.1, "trend": 25.485, "fair_value": 20.178397, "relative_strength": 6.793414, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.698958, "energy": 14.727852, "activity_lines": [ 25.74, 26.55909, 26.445238, 26.145699 ] }, { "date": "2024-11-29", "close": 24.200001, "volume": 111897, "typical_volume": 77722.7, "trend": 25.525, "fair_value": 20.171667, "relative_strength": 3.091848, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.384636, "energy": 21.248825, "activity_lines": [ 25.1, 26.054545, 26.219762, 26.062796 ] }, { "date": "2024-12-06", "close": 24.9, "volume": 78255, "typical_volume": 75369.45, "trend": 25.581667, "fair_value": 20.1675, "relative_strength": 1.634571, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.135907, "energy": 22.856147, "activity_lines": [ 24.913333, 25.715454, 26.073809, 26.022473 ] }, { "date": "2024-12-13", "close": 23.299999, "volume": 45279, "typical_volume": 72630.35, "trend": 25.566667, "fair_value": 20.171987, "relative_strength": -3.012151, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.830493, "energy": 41.710548, "activity_lines": [ 24.3, 25.129091, 25.790238, 25.875269 ] }, { "date": "2024-12-20", "close": 22.799999, "volume": 80053, "typical_volume": 74388.35, "trend": 25.543333, "fair_value": 20.176795, "relative_strength": -2.019602, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.869126, "energy": 47.015088, "activity_lines": [ 23.686666, 24.56, 25.48619, 25.696774 ] }, { "date": "2024-12-27", "close": 22.700001, "volume": 11510, "typical_volume": 70902.7, "trend": 25.55, "fair_value": 20.171667, "relative_strength": -3.129237, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.903879, "energy": 58.990793, "activity_lines": [ 23.24, 24.076363, 25.192381, 25.513333 ] }, { "date": "2025-01-03", "close": 24.0, "volume": 53036, "typical_volume": 72248.85, "trend": 25.568333, "fair_value": 20.173269, "relative_strength": 1.380594, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.61163, "energy": 51.742045, "activity_lines": [ 23.38, 23.921818, 25.041666, 25.413333 ] }, { "date": "2025-01-10", "close": 24.0, "volume": 40997, "typical_volume": 71774.9, "trend": 25.601667, "fair_value": 20.18609, "relative_strength": 0.672108, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.117958, "energy": 38.156615, "activity_lines": [ 23.533333, 23.830909, 24.908809, 25.31215 ] }, { "date": "2025-01-17", "close": 23.35, "volume": 70261, "typical_volume": 71335.2, "trend": 25.661667, "fair_value": 20.202115, "relative_strength": -5.622729, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.356317, "energy": 31.221201, "activity_lines": [ 23.53, 23.667273, 24.716428, 25.166882 ] }, { "date": "2025-01-24", "close": 22.35, "volume": 72482, "typical_volume": 74174.0, "trend": 25.64, "fair_value": 20.217179, "relative_strength": -11.457114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.501451, "energy": 34.294937, "activity_lines": [ 23.19, 23.366364, 24.432381, 24.953226 ] }, { "date": "2025-01-31", "close": 23.65, "volume": 130583, "typical_volume": 79682.05, "trend": 25.553333, "fair_value": 20.237051, "relative_strength": -6.413353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.595507, "energy": 28.904315, "activity_lines": [ 23.313333, 23.364545, 24.277619, 24.824839 ] }, { "date": "2025-02-07", "close": 26.0, "volume": 68352, "typical_volume": 80597.95, "trend": 25.523333, "fair_value": 20.271987, "relative_strength": 3.787953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.770997, "energy": 12.725421, "activity_lines": [ 24.156667, 23.814545, 24.349048, 24.853656 ] }, { "date": "2025-02-14", "close": 23.0, "volume": 252224, "typical_volume": 88120.65, "trend": 25.356667, "fair_value": 20.29609, "relative_strength": -10.90916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.085456, "energy": 19.746377, "activity_lines": [ 23.866667, 23.686364, 24.13619, 24.69086 ] }, { "date": "2025-02-21", "close": 22.75, "volume": 108887, "typical_volume": 88865.05, "trend": 25.148333, "fair_value": 20.332179, "relative_strength": -12.283144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.286643, "energy": 19.587013, "activity_lines": [ 23.56, 23.547273, 23.92, 24.522688 ] }, { "date": "2025-02-28", "close": 22.4, "volume": 574259, "typical_volume": 115286.35, "trend": 24.996666, "fair_value": 20.363077, "relative_strength": -13.825927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.650856, "energy": 27.046375, "activity_lines": [ 23.176667, 23.354545, 23.701429, 24.345376 ] }, { "date": "2025-03-07", "close": 21.85, "volume": 119031, "typical_volume": 118057.4, "trend": 24.833333, "fair_value": 20.38609, "relative_strength": -16.149777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.84036, "energy": 45.369366, "activity_lines": [ 22.606667, 23.069091, 23.459524, 24.142365 ] }, { "date": "2025-03-14", "close": 21.0, "volume": 75107, "typical_volume": 115560.7, "trend": 24.608333, "fair_value": 20.398782, "relative_strength": -18.052648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.759296, "energy": 58.861229, "activity_lines": [ 21.873333, 22.644545, 23.165, 23.895054 ] }, { "date": "2025-03-21", "close": 21.75, "volume": 67434, "typical_volume": 113160.05, "trend": 24.516666, "fair_value": 20.402628, "relative_strength": -13.177565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.334063, "energy": 58.736776, "activity_lines": [ 21.723333, 22.410909, 22.972857, 23.710645 ] }, { "date": "2025-03-28", "close": 21.9, "volume": 16808, "typical_volume": 108254.45, "trend": 24.443333, "fair_value": 20.404551, "relative_strength": -9.459616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.456631, "energy": 54.099673, "activity_lines": [ 21.706667, 22.245455, 22.817619, 23.541828 ] }, { "date": "2025-04-04", "close": 21.0, "volume": 65340, "typical_volume": 106643.0, "trend": 24.36, "fair_value": 20.400064, "relative_strength": -3.422239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.972743, "energy": 56.911806, "activity_lines": [ 21.446667, 21.942727, 22.595238, 23.319677 ] }, { "date": "2025-04-11", "close": 20.5, "volume": 140170, "typical_volume": 109098.25, "trend": 24.238333, "fair_value": 20.390769, "relative_strength": -5.358163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.577941, "energy": 46.22624, "activity_lines": [ 21.113333, 21.573636, 22.348095, 23.070645 ] }, { "date": "2025-04-18", "close": 20.84, "volume": 30277, "typical_volume": 105017.25, "trend": 24.056333, "fair_value": 20.398462, "relative_strength": -6.859551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.940328, "energy": 39.535919, "activity_lines": [ 20.983333, 21.323636, 22.154762, 22.851398 ] }, { "date": "2025-04-25", "close": 21.809999, "volume": 12458, "typical_volume": 101727.4, "trend": 23.873333, "fair_value": 20.414808, "relative_strength": -5.277986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.374364, "energy": 35.400978, "activity_lines": [ 21.187333, 21.343818, 22.069809, 22.706473 ] }, { "date": "2025-05-02", "close": 20.785, "volume": 26895, "typical_volume": 100808.2, "trend": 23.591167, "fair_value": 20.416955, "relative_strength": -10.922591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.092968, "energy": 36.957201, "activity_lines": [ 21.045666, 21.199273, 21.901952, 22.507226 ] }, { "date": "2025-05-09", "close": 19.200001, "volume": 75176, "typical_volume": 100564.35, "trend": 23.281167, "fair_value": 20.41516, "relative_strength": -17.093092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.419666, "energy": 47.285503, "activity_lines": [ 20.45, 20.802273, 21.595119, 22.223925 ] }, { "date": "2025-05-16", "close": 20.5, "volume": 77691, "typical_volume": 103873.4, "trend": 23.037833, "fair_value": 20.423878, "relative_strength": -14.601967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.763377, "energy": 43.206091, "activity_lines": [ 20.407667, 20.699818, 21.429238, 22.044495 ] }, { "date": "2025-05-23", "close": 19.799999, "volume": 69349, "typical_volume": 104689.05, "trend": 22.781167, "fair_value": 20.43516, "relative_strength": -15.205667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.795681, "energy": 54.874072, "activity_lines": [ 20.132, 20.494636, 21.207167, 21.835602 ] }, { "date": "2025-05-30", "close": 19.950001, "volume": 160494, "typical_volume": 110663.9, "trend": 22.562833, "fair_value": 20.457276, "relative_strength": -15.014987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.875467, "energy": 48.970342, "activity_lines": [ 19.975667, 20.338546, 21.019381, 21.652946 ] }, { "date": "2025-06-06", "close": 19.640862, "volume": 37049, "typical_volume": 109003.3, "trend": 22.357529, "fair_value": 20.473563, "relative_strength": -16.982012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.069262, "energy": 41.624581, "activity_lines": [ 19.840287, 20.158975, 20.821439, 21.464432 ] }, { "date": "2025-06-13", "close": 18.0, "volume": 156345, "typical_volume": 113196.45, "trend": 22.097529, "fair_value": 20.472922, "relative_strength": -21.736512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.554746, "energy": 59.492102, "activity_lines": [ 19.23423, 19.722141, 20.484888, 21.183301 ] }, { "date": "2025-06-20", "close": 22.299999, "volume": 324820, "typical_volume": 122908.3, "trend": 22.007529, "fair_value": 20.505871, "relative_strength": -2.694185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.78153, "energy": 20.193511, "activity_lines": [ 20.141505, 20.121671, 20.578574, 21.196364 ] }, { "date": "2025-06-27", "close": 23.299999, "volume": 229037, "typical_volume": 130942.55, "trend": 21.977529, "fair_value": 20.537281, "relative_strength": -0.79583, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.983634, "energy": 9.209543, "activity_lines": [ 21.262114, 20.670291, 20.773927, 21.279749 ] }, { "date": "2025-07-04", "close": 23.0, "volume": 146011, "typical_volume": 125631.9, "trend": 21.914195, "fair_value": 20.571512, "relative_strength": -2.09728, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.245007, "energy": 19.725494, "activity_lines": [ 22.04939, 21.119639, 20.953566, 21.345715 ] }, { "date": "2025-07-11", "close": 22.799999, "volume": 118920, "typical_volume": 126133.55, "trend": 21.897529, "fair_value": 20.607409, "relative_strength": -3.938348, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.025409, "energy": 28.964339, "activity_lines": [ 22.566666, 21.510987, 21.114157, 21.402863 ] }, { "date": "2025-07-18", "close": 24.0, "volume": 124797, "typical_volume": 103660.45, "trend": 21.937529, "fair_value": 20.654204, "relative_strength": 1.358917, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.350652, "energy": 45.960651, "activity_lines": [ 23.273333, 22.08388, 21.388795, 21.538507 ] }, { "date": "2025-07-25", "close": 24.0, "volume": 236358, "typical_volume": 109526.8, "trend": 21.980862, "fair_value": 20.697538, "relative_strength": -0.540566, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.121403, "energy": 47.726581, "activity_lines": [ 23.58, 22.569501, 21.655815, 21.671569 ] }, { "date": "2025-08-01", "close": 24.0, "volume": 332805, "typical_volume": 122411.7, "trend": 21.980862, "fair_value": 20.736127, "relative_strength": 2.623944, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.2273, "energy": 45.904828, "activity_lines": [ 23.773333, 22.991486, 21.912597, 21.801836 ] }, { "date": "2025-08-08", "close": 23.5, "volume": 191988, "typical_volume": 128639.4, "trend": 21.964195, "fair_value": 20.774717, "relative_strength": -1.81393, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.19062, "energy": 36.24052, "activity_lines": [ 23.753333, 23.246197, 22.107474, 21.899845 ] }, { "date": "2025-08-15", "close": 22.700001, "volume": 227179, "typical_volume": 139157.95, "trend": 21.942529, "fair_value": 20.811768, "relative_strength": -6.047686, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 53.871973, "energy": 32.733922, "activity_lines": [ 23.433334, 23.290909, 22.217827, 21.947317 ] }, { "date": "2025-08-22", "close": 22.700001, "volume": 232769, "typical_volume": 147529.4, "trend": 21.954195, "fair_value": 20.848307, "relative_strength": -7.527193, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.632619, "energy": 23.570709, "activity_lines": [ 23.120001, 23.28, 22.32437, 21.996186 ] }, { "date": "2025-08-29", "close": 19.5, "volume": 1045222, "typical_volume": 192782.0, "trend": 21.815862, "fair_value": 20.864717, "relative_strength": -18.317776, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 7.649876, "energy": 11.812823, "activity_lines": [ 21.826667, 22.601818, 22.118057, 21.837851 ] }, { "date": "2025-09-05", "close": 19.200001, "volume": 526512, "typical_volume": 217593.75, "trend": 21.589195, "fair_value": 20.882666, "relative_strength": -19.234118, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.594746, "energy": 22.737452, "activity_lines": [ 20.733334, 21.92, 21.887934, 21.669085 ] }, { "date": "2025-09-12", "close": 19.049999, "volume": 194507, "typical_volume": 226696.2, "trend": 21.457529, "fair_value": 20.900166, "relative_strength": -19.730804, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.85781, "energy": 35.01382, "activity_lines": [ 19.91, 21.285455, 21.651334, 21.505266 ] }, { "date": "2025-09-19", "close": 19.1, "volume": 273782, "typical_volume": 239040.55, "trend": 21.335862, "fair_value": 20.931576, "relative_strength": -19.343534, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.157186, "energy": 52.924215, "activity_lines": [ 19.4, 20.731818, 21.43264, 21.353168 ] }, { "date": "2025-09-26", "close": 19.75, "volume": 228766, "typical_volume": 246720.05, "trend": 21.247529, "fair_value": 20.97164, "relative_strength": -16.023677, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.91053, "energy": 54.971388, "activity_lines": [ 19.346667, 20.363637, 21.283874, 21.250854 ] }, { "date": "2025-10-03", "close": 19.0, "volume": 1216393, "typical_volume": 303655.15, "trend": 21.152529, "fair_value": 21.009845, "relative_strength": -20.979847, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.697614, "energy": 64.525916, "activity_lines": [ 19.24, 19.936364, 21.06106, 21.105852 ] }, { "date": "2025-10-10", "close": 18.799999, "volume": 191038, "typical_volume": 309739.6, "trend": 21.079195, "fair_value": 21.046897, "relative_strength": -20.486035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.867665, "energy": 58.126574, "activity_lines": [ 19.1, 19.563636, 20.826341, 20.954076 ] }, { "date": "2025-10-17", "close": 18.549999, "volume": 234249, "typical_volume": 313427.35, "trend": 20.972529, "fair_value": 21.082473, "relative_strength": -20.69403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.071351, "energy": 52.350344, "activity_lines": [ 18.903333, 19.24, 20.572575, 20.790902 ] }, { "date": "2025-10-24", "close": 19.25, "volume": 235113, "typical_volume": 323330.55, "trend": 20.884195, "fair_value": 21.11164, "relative_strength": -19.564737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.48935, "energy": 46.249078, "activity_lines": [ 18.973333, 19.133636, 20.392143, 20.679771 ] }, { "date": "2025-10-31", "close": 18.9, "volume": 102397, "typical_volume": 320633.15, "trend": 20.814195, "fair_value": 21.146384, "relative_strength": -19.827316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.890631, "energy": 44.033576, "activity_lines": [ 18.916666, 19.026363, 20.180238, 20.551759 ] }, { "date": "2025-11-07", "close": 17.799999, "volume": 151013, "typical_volume": 311942.8, "trend": 20.724195, "fair_value": 21.176512, "relative_strength": -22.934165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.099568, "energy": 51.959297, "activity_lines": [ 18.549999, 18.788181, 19.859286, 20.357294 ] }, { "date": "2025-11-14", "close": 17.549999, "volume": 74582, "typical_volume": 304220.05, "trend": 20.614529, "fair_value": 21.207602, "relative_strength": -24.001418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.774782, "energy": 56.856777, "activity_lines": [ 18.179999, 18.535454, 19.535952, 20.152507 ] }, { "date": "2025-11-21", "close": 17.4, "volume": 159675, "typical_volume": 304903.25, "trend": 20.467529, "fair_value": 21.23773, "relative_strength": -22.415282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.012925, "energy": 62.103579, "activity_lines": [ 17.843333, 18.285454, 19.225714, 19.945118 ] }, { "date": "2025-11-28", "close": 17.549999, "volume": 103266, "typical_volume": 304120.55, "trend": 20.359695, "fair_value": 21.266896, "relative_strength": -23.639629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.156945, "energy": 74.326847, "activity_lines": [ 17.633333, 18.092727, 18.956428, 19.756891 ] }, { "date": "2025-12-05", "close": 17.35, "volume": 121500, "typical_volume": 303955.7, "trend": 20.298029, "fair_value": 21.294781, "relative_strength": -24.954563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.33406, "energy": 75.532647, "activity_lines": [ 17.47, 17.891818, 18.693095, 19.562717 ] }, { "date": "2025-12-12", "close": 17.1, "volume": 62649, "typical_volume": 295270.25, "trend": 20.184695, "fair_value": 21.323755, "relative_strength": -25.352998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.304861, "energy": 73.558805, "activity_lines": [ 17.326666, 17.689091, 18.437619, 19.356392 ] }, { "date": "2025-12-19", "close": 17.4, "volume": 85345, "typical_volume": 282897.25, "trend": 20.104695, "fair_value": 21.353627, "relative_strength": -24.029194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.877834, "energy": 61.957895, "activity_lines": [ 17.33, 17.575454, 18.243571, 19.176735 ] }, { "date": "2025-12-26", "close": 17.5, "volume": 27670, "typical_volume": 274681.35, "trend": 20.023029, "fair_value": 21.376191, "relative_strength": -23.25792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.549715, "energy": 49.172543, "activity_lines": [ 17.376667, 17.505454, 18.090476, 19.00869 ] }, { "date": "2026-01-02", "close": 17.549999, "volume": 109419, "typical_volume": 268793.35, "trend": 19.953333, "fair_value": 21.398948, "relative_strength": -23.25717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.315414, "energy": 46.420928, "activity_lines": [ 17.433333, 17.463636, 17.970714, 18.84914 ] }, { "date": "2026-01-09", "close": 17.799999, "volume": 120264, "typical_volume": 263168.1, "trend": 19.946666, "fair_value": 21.423691, "relative_strength": -23.958647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.614323, "energy": 35.249356, "activity_lines": [ 17.573333, 17.498181, 17.899285, 18.710215 ] }, { "date": "2026-01-16", "close": 17.950001, "volume": 138979, "typical_volume": 217855.95, "trend": 19.801666, "fair_value": 21.442858, "relative_strength": -24.388011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.998641, "energy": 26.535242, "activity_lines": [ 17.733333, 17.58, 17.865476, 18.581398 ] }, { "date": "2026-01-23", "close": 18.25, "volume": 97793, "typical_volume": 196420.0, "trend": 19.633333, "fair_value": 21.465743, "relative_strength": -22.030308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.939918, "energy": 18.539822, "activity_lines": [ 17.936667, 17.713636, 17.867619, 18.48129 ] }, { "date": "2026-01-30", "close": 17.950001, "volume": 46346, "typical_volume": 189011.95, "trend": 19.465, "fair_value": 21.486576, "relative_strength": -23.082807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.086558, "energy": 17.870504, "activity_lines": [ 17.983334, 17.78, 17.845714, 18.372688 ] }, { "date": "2026-02-06", "close": 17.700001, "volume": 86368, "typical_volume": 179641.25, "trend": 19.295, "fair_value": 21.501191, "relative_strength": -25.661473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.627123, "energy": 16.828238, "activity_lines": [ 17.916667, 17.790909, 17.805238, 18.258817 ] }, { "date": "2026-02-13", "close": 20.0, "volume": 394592, "typical_volume": 187932.55, "trend": 19.161667, "fair_value": 21.531704, "relative_strength": -15.54579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.055982, "energy": 17.106204, "activity_lines": [ 18.606667, 18.217273, 17.990476, 18.304301 ] }, { "date": "2026-02-20", "close": 19.049999, "volume": 52342, "typical_volume": 129730.0, "trend": 18.996667, "fair_value": 21.567281, "relative_strength": -20.617781, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.087158, "energy": 16.071285, "activity_lines": [ 18.833333, 18.422727, 18.084048, 18.297097 ] }, { "date": "2026-02-27", "close": 19.049999, "volume": 154281, "typical_volume": 127892.15, "trend": 18.831667, "fair_value": 21.599653, "relative_strength": -21.195507, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.54256, "energy": 28.582528, "activity_lines": [ 18.986666, 18.592727, 18.177381, 18.300537 ] }, { "date": "2026-03-06", "close": 20.4, "volume": 75807, "typical_volume": 119970.05, "trend": 18.728333, "fair_value": 21.641063, "relative_strength": -10.197664, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.848218, "energy": 49.634823, "activity_lines": [ 19.536666, 18.978182, 18.398095, 18.40172 ] }, { "date": "2026-03-13", "close": 21.0, "volume": 109423, "typical_volume": 113685.55, "trend": 18.671667, "fair_value": 21.692345, "relative_strength": -6.739901, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.37268, "energy": 58.467534, "activity_lines": [ 20.123333, 19.42, 18.667143, 18.548279 ] }, { "date": "2026-03-20", "close": 18.466665, "volume": 239909, "typical_volume": 120561.15, "trend": 18.530555, "fair_value": 21.720978, "relative_strength": -13.172123, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.334059, "energy": 34.582927, "activity_lines": [ 19.645555, 19.338484, 18.686587, 18.535053 ] }, { "date": "2026-03-27", "close": 17.6, "volume": 48377, "typical_volume": 115429.35, "trend": 18.467222, "fair_value": 21.744183, "relative_strength": -16.692345, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 25.414329, "energy": 16.390352, "activity_lines": [ 18.981111, 19.087272, 18.625555, 18.475018 ] }, { "date": "2026-04-03", "close": 17.799999, "volume": 61915, "typical_volume": 114796.0, "trend": 18.420555, "fair_value": 21.772067, "relative_strength": -17.956915, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.69285, "energy": 12.536812, "activity_lines": [ 18.479999, 18.878787, 18.584524, 18.431971 ] }, { "date": "2026-04-10", "close": 17.85, "volume": 171713, "typical_volume": 115397.9, "trend": 18.380555, "fair_value": 21.780401, "relative_strength": -20.863206, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.972026, "energy": 15.359873, "activity_lines": [ 18.078888, 18.687575, 18.547063, 18.395161 ] }, { "date": "2026-04-17", "close": 18.0, "volume": 240654, "typical_volume": 122267.3, "trend": 18.343889, "fair_value": 21.793542, "relative_strength": -21.3442, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.664009, "energy": 15.127114, "activity_lines": [ 17.897777, 18.525454, 18.521746, 18.370609 ] }, { "date": "2026-04-24", "close": 17.65, "volume": 195919, "typical_volume": 125988.25, "trend": 18.273889, "fair_value": 21.80476, "relative_strength": -20.154329, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.49544, "energy": 19.583208, "activity_lines": [ 17.8, 18.294242, 18.460952, 18.325842 ] }, { "date": "2026-05-01", "close": 17.65, "volume": 167192, "typical_volume": 131215.4, "trend": 18.228889, "fair_value": 21.812773, "relative_strength": -18.507606, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.747669, "energy": 21.037364, "activity_lines": [ 17.756667, 18.105757, 18.39873, 18.285591 ] }, { "date": "2026-05-08", "close": 18.299999, "volume": 675593, "typical_volume": 160727.8, "trend": 18.212222, "fair_value": 21.823029, "relative_strength": -15.43587, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.784877, "energy": 10.313735, "activity_lines": [ 17.926666, 18.060909, 18.395793, 18.290179 ] }, { "date": "2026-05-15", "close": 19.9, "volume": 580208, "typical_volume": 188354.7, "trend": 18.257222, "fair_value": 21.845465, "relative_strength": -6.530109, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.228999, "energy": 18.711296, "activity_lines": [ 18.596666, 18.320606, 18.540952, 18.399068 ] }, { "date": "2026-05-22", "close": 19.65, "volume": 516670, "typical_volume": 208717.25, "trend": 18.270555, "fair_value": 21.863414, "relative_strength": -10.495218, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.034302, "energy": 25.905062, "activity_lines": [ 19.046666, 18.543939, 18.650873, 18.488924 ] }, { "date": "2026-05-29", "close": 18.799999, "volume": 256910, "typical_volume": 215549.55, "trend": 18.267222, "fair_value": 21.871747, "relative_strength": -13.671302, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.946011, "energy": 25.705241, "activity_lines": [ 19.103333, 18.637272, 18.669841, 18.523082 ] }, { "date": "2026-06-05", "close": 18.700001, "volume": 18916, "typical_volume": 209546.4, "trend": 18.297222, "fair_value": 21.883926, "relative_strength": -13.102077, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.081581, "energy": 34.454707, "activity_lines": [ 19.05, 18.706364, 18.674524, 18.551003 ] }, { "date": "2026-06-12", "close": 19.450001, "volume": 35824, "typical_volume": 206447.95, "trend": 18.360555, "fair_value": 21.86758, "relative_strength": -9.263986, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.784204, "energy": 41.165287, "activity_lines": [ 19.176667, 18.891818, 18.747063, 18.625376 ] }, { "date": "2026-06-19", "close": 18.9, "volume": 210890, "typical_volume": 214675.15, "trend": 18.410555, "fair_value": 21.841939, "relative_strength": -12.863948, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.2754, "energy": 26.557609, "activity_lines": [ 19.043334, 18.947273, 18.761508, 18.660179 ] }, { "date": "2026-06-26", "close": 18.9, "volume": 11619, "typical_volume": 210937.7, "trend": 18.455555, "fair_value": 21.809888, "relative_strength": -11.345237, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.254097, "energy": 19.449696, "activity_lines": [ 18.976667, 18.983636, 18.771428, 18.691756 ] }, { "date": "2026-07-03", "close": 19.15, "volume": 26844, "typical_volume": 192550.3, "trend": 18.515555, "fair_value": 21.768542, "relative_strength": -11.942911, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.236148, "energy": 22.478297, "activity_lines": [ 19.043334, 19.049091, 18.799444, 18.736559 ] }, { "date": "2026-07-10", "close": 19.0, "volume": 76260, "typical_volume": 193746.2, "trend": 18.578889, "fair_value": 21.714696, "relative_strength": -9.958427, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.757204, "energy": 17.573204, "activity_lines": [ 19.036667, 19.06, 18.817222, 18.767814 ] }, { "date": "2026-07-17", "close": 19.1, "volume": 274001, "typical_volume": 199732.2, "trend": 18.635555, "fair_value": 21.651875, "relative_strength": -7.700774, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.764214, "energy": 18.621332, "activity_lines": [ 19.043333, 19.064546, 18.844762, 18.801434 ] }, { "date": "2026-07-24", "close": 17.549999, "volume": 343423, "typical_volume": 213113.0, "trend": 18.637222, "fair_value": 21.582324, "relative_strength": -15.669096, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.698317, "energy": 14.80397, "activity_lines": [ 18.556666, 18.772727, 18.724444, 18.731398 ] }, { "date": "2026-07-31", "close": 17.4, "volume": 167770, "typical_volume": 216030.35, "trend": 18.632222, "fair_value": 21.504119, "relative_strength": -16.593375, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.749396, "energy": 39.032835, "activity_lines": [ 18.11, 18.496364, 18.603413, 18.651577 ] }, { "date": "2026-08-07", "close": 18.700001, "volume": 281144, "typical_volume": 218092.1, "trend": 18.662222, "fair_value": 21.450914, "relative_strength": -11.233536, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.760115, "energy": 38.319347, "activity_lines": [ 18.196667, 18.497273, 18.623333, 18.65595 ] } ], "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." } } }