{ "ticker": { "uuid": "c393ee12-3625-4159-8e00-92d8cef49914", "symbol": "BYGGP", "name": "ByggPartner Gruppen 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 54.437, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "down", "architecture_direction": -45.66, "architecture_energy": 22.853, "architecture_maturity": 56.655, "architecture_confidence": 80.99, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 48.24, "rotation_up": 25.45, "upward_expansion": 13.84, "deceleration": 46.76, "rotation_down": 34.55, "downward_expansion": 63.84 }, "activity_lines": [ 40.62, 40.2, 42.334752, 42.77959 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 39.0, "trend_reference": 42.959284, "distance_from_trend": -0.092164, "trend_direction": "Improving", "fair_value": 23.687286, "distance_from_fair_value": 0.646453, "fair_value_direction": "Weakening", "relative_strength": -10.36588, "relative_strength_direction": "Weakening", "price_momentum": -0.098159, "excess_performance": -0.159653, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.092164, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.015167, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.646453, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.700551, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.103659, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.462067, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.098159, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.766998, "read": "Supply-led" } ], "volume": { "latest": 143687, "relative_activity": 1.258507, "balance": 0.766998, "dry_up": 1.39278, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.10789, "annualized_volatility": 0.495318, "from_high_reference": -0.275093, "from_low_reference": 1.004092 }, "levels": { "trend_reference": 42.959284, "fair_value_reference": 23.687286, "structural_low": 34.099998, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.130435, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.088091, "regime_survival": 1.0, "best_return": 0.130435, "worst_return": 0.130435, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-07-05", "tenure": "Developing", "return": -0.01385, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-07-19", "tenure": "New", "return": 0.039773, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-08-30", "tenure": "Developing", "return": -0.050532, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-06", "end": "2024-11-08", "tenure": "Developing", "return": -0.053371, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-11-29", "tenure": "New", "return": -0.084795, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2025-02-28", "tenure": "Established", "return": 0.114551, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": 0.022792, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-07-04", "tenure": "Developing", "return": 0.165698, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.242009, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-04-03", "tenure": "Extended", "return": 0.42953, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-05-01", "tenure": "New", "return": 0.183095, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-06-12", "tenure": "Developing", "return": -0.134269, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": -0.035088, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.130435, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.230527, "volume": 74092, "typical_volume": 119039.75, "trend": 17.950338, "fair_value": 41.515578, "relative_strength": -47.93311, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.069248, "energy": 51.561966, "activity_lines": [ 11.244605, 11.675935, 13.420461, 15.367535 ] }, { "date": "2023-08-25", "close": 13.246263, "volume": 210853, "typical_volume": 127689.55, "trend": 17.600461, "fair_value": 41.358964, "relative_strength": -37.272546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.760685, "energy": 40.614105, "activity_lines": [ 11.883241, 11.858601, 13.213661, 15.064046 ] }, { "date": "2023-09-01", "close": 12.862312, "volume": 94566, "typical_volume": 130358.5, "trend": 17.213434, "fair_value": 41.197431, "relative_strength": -38.834387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.617595, "energy": 34.660453, "activity_lines": [ 12.285108, 11.982719, 13.011406, 14.758359 ] }, { "date": "2023-09-08", "close": 12.766325, "volume": 60810, "typical_volume": 131942.55, "trend": 16.837818, "fair_value": 41.034465, "relative_strength": -37.723599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.110753, "energy": 28.23446, "activity_lines": [ 12.57819, 12.093017, 12.843819, 14.471449 ] }, { "date": "2023-09-15", "close": 13.169473, "volume": 77587, "typical_volume": 133377.05, "trend": 16.458595, "fair_value": 40.878996, "relative_strength": -34.942291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.884934, "energy": 22.639512, "activity_lines": [ 12.88151, 12.343283, 12.75785, 14.234782 ] }, { "date": "2023-09-22", "close": 13.553422, "volume": 80027, "typical_volume": 136328.05, "trend": 16.189575, "fair_value": 40.727625, "relative_strength": -30.737675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.724836, "energy": 19.909099, "activity_lines": [ 13.180991, 12.624962, 12.744533, 14.047351 ] }, { "date": "2023-09-29", "close": 13.534225, "volume": 67481, "typical_volume": 119719.95, "trend": 15.900435, "fair_value": 40.565487, "relative_strength": -29.259689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.782685, "energy": 16.456936, "activity_lines": [ 13.319213, 12.863011, 12.760165, 13.876038 ] }, { "date": "2023-10-06", "close": 13.419039, "volume": 67547, "typical_volume": 119761.1, "trend": 15.591626, "fair_value": 40.393605, "relative_strength": -28.355023, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.526209, "energy": 18.185333, "activity_lines": [ 13.399842, 13.045212, 12.773955, 13.715948 ] }, { "date": "2023-10-13", "close": 13.975766, "volume": 47651, "typical_volume": 116391.65, "trend": 15.292853, "fair_value": 40.206461, "relative_strength": -25.228221, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.735524, "energy": 14.605465, "activity_lines": [ 13.628932, 13.297572, 12.844076, 13.611699 ] }, { "date": "2023-10-20", "close": 13.534225, "volume": 72274, "typical_volume": 114252.6, "trend": 15.023193, "fair_value": 40.001255, "relative_strength": -22.405087, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.641247, "energy": 14.866119, "activity_lines": [ 13.630212, 13.413804, 12.888736, 13.498239 ] }, { "date": "2023-10-27", "close": 11.768056, "volume": 144883, "typical_volume": 118104.3, "trend": 14.672745, "fair_value": 39.808771, "relative_strength": -30.836037, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.721244, "energy": 24.13219, "activity_lines": [ 13.018452, 13.166331, 12.783884, 13.288231 ] }, { "date": "2023-11-03", "close": 12.1904, "volume": 54836, "typical_volume": 117207.4, "trend": 14.349769, "fair_value": 39.609549, "relative_strength": -29.98438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.387908, "energy": 29.526828, "activity_lines": [ 12.666498, 12.985874, 12.734184, 13.128079 ] }, { "date": "2023-11-10", "close": 12.459165, "volume": 43766, "typical_volume": 114953.05, "trend": 14.029663, "fair_value": 39.420637, "relative_strength": -27.07357, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.696094, "energy": 33.454567, "activity_lines": [ 12.493721, 12.873482, 12.718057, 13.006105 ] }, { "date": "2023-11-17", "close": 13.707002, "volume": 85431, "typical_volume": 114583.0, "trend": 13.758457, "fair_value": 39.225125, "relative_strength": -22.016006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.976732, "energy": 19.593157, "activity_lines": [ 12.80088, 12.995299, 12.823643, 12.985288 ] }, { "date": "2023-11-24", "close": 13.361447, "volume": 53269, "typical_volume": 106845.55, "trend": 13.51226, "fair_value": 39.029975, "relative_strength": -24.257113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.404403, "energy": 10.769822, "activity_lines": [ 13.010773, 13.037184, 12.909301, 12.959674 ] }, { "date": "2023-12-01", "close": 12.900707, "volume": 38371, "typical_volume": 101246.95, "trend": 13.275057, "fair_value": 38.837882, "relative_strength": -26.660295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.631857, "energy": 7.729305, "activity_lines": [ 13.078604, 12.991808, 12.940108, 12.920219 ] }, { "date": "2023-12-08", "close": 12.65114, "volume": 139835, "typical_volume": 101232.05, "trend": 13.18173, "fair_value": 38.649342, "relative_strength": -29.180605, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.096444, "energy": 13.597589, "activity_lines": [ 12.987736, 12.912924, 12.939742, 12.879967 ] }, { "date": "2023-12-15", "close": 12.171204, "volume": 160885, "typical_volume": 105641.95, "trend": 13.116969, "fair_value": 38.456866, "relative_strength": -32.997455, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.623652, "energy": 20.300742, "activity_lines": [ 12.706173, 12.762835, 12.888732, 12.814771 ] }, { "date": "2023-12-22", "close": 11.940833, "volume": 107998, "typical_volume": 91484.1, "trend": 12.932999, "fair_value": 38.269783, "relative_strength": -33.106353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.961124, "energy": 40.511538, "activity_lines": [ 12.367017, 12.593548, 12.813587, 12.738892 ] }, { "date": "2023-12-29", "close": 13.323052, "volume": 77987, "typical_volume": 88007.45, "trend": 12.795103, "fair_value": 38.084692, "relative_strength": -25.010365, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.738237, "energy": 13.883489, "activity_lines": [ 12.606346, 12.712572, 12.865146, 12.764056 ] }, { "date": "2024-01-05", "close": 13.572619, "volume": 40937, "typical_volume": 86349.7, "trend": 12.750756, "fair_value": 37.89433, "relative_strength": -20.70531, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.375839, "energy": 15.130941, "activity_lines": [ 12.931423, 12.880812, 12.930326, 12.814219 ] }, { "date": "2024-01-12", "close": 13.419039, "volume": 73660, "typical_volume": 79490.05, "trend": 12.735869, "fair_value": 37.701266, "relative_strength": -21.229088, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.593028, "energy": 28.14069, "activity_lines": [ 13.160513, 12.988318, 12.969727, 12.857334 ] }, { "date": "2024-01-19", "close": 12.958301, "volume": 89433, "typical_volume": 79233.4, "trend": 12.73241, "fair_value": 37.501814, "relative_strength": -20.938057, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.916905, "energy": 28.237878, "activity_lines": [ 13.18483, 12.989714, 12.964425, 12.871684 ] }, { "date": "2024-01-26", "close": 12.612745, "volume": 256031, "typical_volume": 88994.45, "trend": 12.605066, "fair_value": 37.303581, "relative_strength": -24.270252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 26.772967, "energy": 16.686479, "activity_lines": [ 13.041489, 12.919207, 12.925756, 12.863964 ] }, { "date": "2024-02-02", "close": 13.515027, "volume": 78164, "typical_volume": 89023.3, "trend": 12.686976, "fair_value": 37.107698, "relative_strength": -17.659016, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.899088, "energy": 28.117055, "activity_lines": [ 13.154114, 13.032647, 12.973749, 12.922671 ] }, { "date": "2024-02-09", "close": 13.764594, "volume": 179670, "typical_volume": 94005.45, "trend": 12.767605, "fair_value": 36.917708, "relative_strength": -14.382423, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.732134, "energy": 27.52013, "activity_lines": [ 13.33713, 13.18867, 13.043866, 12.992195 ] }, { "date": "2024-02-16", "close": 14.628481, "volume": 101318, "typical_volume": 95697.3, "trend": 12.868072, "fair_value": 36.708353, "relative_strength": -9.916254, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.451179, "energy": 53.499224, "activity_lines": [ 13.79531, 13.486056, 13.195252, 13.112251 ] }, { "date": "2024-02-23", "close": 14.206136, "volume": 194061, "typical_volume": 102023.0, "trend": 12.951261, "fair_value": 36.485986, "relative_strength": -12.479516, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.860504, "energy": 58.069486, "activity_lines": [ 14.032079, 13.670701, 13.301203, 13.198578 ] }, { "date": "2024-03-01", "close": 14.206136, "volume": 67766, "typical_volume": 103028.75, "trend": 13.061326, "fair_value": 36.261901, "relative_strength": -12.372028, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.447326, "energy": 58.186818, "activity_lines": [ 14.185659, 13.818347, 13.403407, 13.279538 ] }, { "date": "2024-03-08", "close": 13.630212, "volume": 58113, "typical_volume": 102320.7, "trend": 13.142596, "fair_value": 36.018668, "relative_strength": -15.610596, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.948277, "energy": 48.492195, "activity_lines": [ 14.041038, 13.820092, 13.449664, 13.31624 ] }, { "date": "2024-03-15", "close": 13.630212, "volume": 63274, "typical_volume": 98240.25, "trend": 13.222585, "fair_value": 35.75826, "relative_strength": -15.74093, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.622556, "energy": 28.079649, "activity_lines": [ 13.888738, 13.816253, 13.495464, 13.347699 ] }, { "date": "2024-03-22", "close": 14.014161, "volume": 58193, "typical_volume": 98408.1, "trend": 13.248182, "fair_value": 35.501173, "relative_strength": -12.114144, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.676215, "energy": 22.10887, "activity_lines": [ 13.87338, 13.881175, 13.568963, 13.398769 ] }, { "date": "2024-03-29", "close": 14.340518, "volume": 74550, "typical_volume": 99947.3, "trend": 13.297455, "fair_value": 35.222562, "relative_strength": -8.281105, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.606137, "energy": 27.219249, "activity_lines": [ 14.007762, 13.994615, 13.664859, 13.469242 ] }, { "date": "2024-04-05", "close": 13.822186, "volume": 58823, "typical_volume": 98616.9, "trend": 13.332651, "fair_value": 34.944923, "relative_strength": -9.865494, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.286893, "energy": 20.680349, "activity_lines": [ 13.960408, 13.988681, 13.702431, 13.503095 ] }, { "date": "2024-04-12", "close": 13.582217, "volume": 80400, "typical_volume": 99973.45, "trend": 13.346409, "fair_value": 34.666174, "relative_strength": -10.270359, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.329916, "energy": 18.546193, "activity_lines": [ 13.858661, 13.917126, 13.7166, 13.519196 ] }, { "date": "2024-04-19", "close": 13.918174, "volume": 48842, "typical_volume": 100497.0, "trend": 13.358567, "fair_value": 34.37584, "relative_strength": -6.632719, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.070056, "energy": 17.843321, "activity_lines": [ 13.8721, 13.905433, 13.761714, 13.556085 ] }, { "date": "2024-04-26", "close": 14.350117, "volume": 43582, "typical_volume": 95684.35, "trend": 13.385764, "fair_value": 34.085269, "relative_strength": -4.744463, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.839463, "energy": 24.092096, "activity_lines": [ 14.010321, 13.969483, 13.843121, 13.620056 ] }, { "date": "2024-05-03", "close": 13.726199, "volume": 41903, "typical_volume": 89735.25, "trend": 13.396002, "fair_value": 33.792416, "relative_strength": -7.184137, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.567623, "energy": 15.822711, "activity_lines": [ 13.918174, 13.925155, 13.857016, 13.642019 ] }, { "date": "2024-05-10", "close": 13.630212, "volume": 67837, "typical_volume": 87727.2, "trend": 13.384484, "fair_value": 33.493367, "relative_strength": -10.402266, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.12695, "energy": 13.880713, "activity_lines": [ 13.834985, 13.8721, 13.854365, 13.657129 ] }, { "date": "2024-05-17", "close": 15.93391, "volume": 125482, "typical_volume": 90101.95, "trend": 13.464473, "fair_value": 33.210877, "relative_strength": 5.789896, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.956358, "energy": 53.022823, "activity_lines": [ 14.532494, 14.248371, 14.063069, 13.821608 ] }, { "date": "2024-05-24", "close": 17.325727, "volume": 125573, "typical_volume": 94333.75, "trend": 13.649729, "fair_value": 32.955605, "relative_strength": 14.4649, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.673466, "energy": 78.975831, "activity_lines": [ 15.537162, 14.835814, 14.391895, 14.070722 ] }, { "date": "2024-05-31", "close": 18.957512, "volume": 86952, "typical_volume": 94998.35, "trend": 13.8753, "fair_value": 32.731764, "relative_strength": 26.368344, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.477261, "energy": 92.034311, "activity_lines": [ 16.858588, 15.652754, 14.858256, 14.413159 ] }, { "date": "2024-06-07", "close": 17.277733, "volume": 177021, "typical_volume": 99377.75, "trend": 14.035918, "fair_value": 32.472614, "relative_strength": 14.273033, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.9069, "energy": 82.09954, "activity_lines": [ 17.312928, 16.0744, 15.138265, 14.632671 ] }, { "date": "2024-06-14", "close": 16.653814, "volume": 70655, "typical_volume": 90108.95, "trend": 14.134145, "fair_value": 32.232221, "relative_strength": 12.612269, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.569437, "energy": 80.347001, "activity_lines": [ 17.322527, 16.329203, 15.338285, 14.801568 ] }, { "date": "2024-06-21", "close": 16.653814, "volume": 64019, "typical_volume": 89401.7, "trend": 14.243891, "fair_value": 31.997182, "relative_strength": 11.846066, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.192815, "energy": 63.513487, "activity_lines": [ 17.130552, 16.532521, 15.519061, 14.964127 ] }, { "date": "2024-06-28", "close": 16.989771, "volume": 52535, "typical_volume": 83044.95, "trend": 14.380193, "fair_value": 31.773221, "relative_strength": 14.485202, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.106586, "energy": 44.700409, "activity_lines": [ 17.002569, 16.741076, 15.716886, 15.14128 ] }, { "date": "2024-07-05", "close": 17.085758, "volume": 94983, "typical_volume": 82728.2, "trend": 14.528014, "fair_value": 31.546752, "relative_strength": 15.039585, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.347972, "energy": 39.344777, "activity_lines": [ 16.928978, 16.911235, 15.908495, 15.315833 ] }, { "date": "2024-07-12", "close": 16.893784, "volume": 56363, "typical_volume": 75843.3, "trend": 14.685433, "fair_value": 31.318606, "relative_strength": 10.042877, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.469233, "energy": 33.10313, "activity_lines": [ 16.91618, 16.996752, 16.07012, 15.468463 ] }, { "date": "2024-07-19", "close": 17.565695, "volume": 57412, "typical_volume": 75325.6, "trend": 14.872929, "fair_value": 31.083612, "relative_strength": 16.467967, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.902802, "energy": 40.224251, "activity_lines": [ 17.152949, 17.146841, 16.282938, 15.654287 ] }, { "date": "2024-07-26", "close": 18.045631, "volume": 57313, "typical_volume": 75285.6, "trend": 15.030348, "fair_value": 30.83117, "relative_strength": 18.573006, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.299017, "energy": 44.322472, "activity_lines": [ 17.488905, 17.312637, 16.525466, 15.858977 ] }, { "date": "2024-08-02", "close": 17.757669, "volume": 31365, "typical_volume": 73690.15, "trend": 15.169849, "fair_value": 30.591606, "relative_strength": 21.073385, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.878071, "energy": 42.941321, "activity_lines": [ 17.636085, 17.387682, 16.719543, 16.034933 ] }, { "date": "2024-08-09", "close": 16.989771, "volume": 71993, "typical_volume": 74380.15, "trend": 15.288874, "fair_value": 30.339088, "relative_strength": 15.549705, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.110257, "energy": 36.991373, "activity_lines": [ 17.476107, 17.315255, 16.820833, 16.152348 ] }, { "date": "2024-08-16", "close": 17.421715, "volume": 35088, "typical_volume": 72407.05, "trend": 15.437654, "fair_value": 30.099601, "relative_strength": 14.398004, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.71363, "energy": 34.442722, "activity_lines": [ 17.466508, 17.357141, 16.94909, 16.28995 ] }, { "date": "2024-08-23", "close": 17.853657, "volume": 96985, "typical_volume": 74315.15, "trend": 15.612351, "fair_value": 29.808, "relative_strength": 15.734968, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.265475, "energy": 33.595363, "activity_lines": [ 17.565695, 17.474943, 17.103813, 16.445821 ] }, { "date": "2024-08-30", "close": 17.133753, "volume": 46852, "typical_volume": 72637.75, "trend": 15.732976, "fair_value": 29.50286, "relative_strength": 9.248632, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.824357, "energy": 23.901875, "activity_lines": [ 17.405717, 17.440039, 17.170776, 16.543976 ] }, { "date": "2024-09-06", "close": 17.085758, "volume": 60783, "typical_volume": 73234.8, "trend": 15.843681, "fair_value": 29.217046, "relative_strength": 13.621878, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.077275, "energy": 23.983045, "activity_lines": [ 17.290532, 17.387682, 17.216255, 16.631253 ] }, { "date": "2024-09-13", "close": 17.421715, "volume": 53264, "typical_volume": 73718.9, "trend": 15.936789, "fair_value": 28.958373, "relative_strength": 13.504462, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.699877, "energy": 22.678852, "activity_lines": [ 17.332126, 17.394663, 17.278647, 16.733061 ] }, { "date": "2024-09-20", "close": 17.133753, "volume": 26578, "typical_volume": 72952.65, "trend": 16.034376, "fair_value": 28.716594, "relative_strength": 9.159289, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.779093, "energy": 16.703739, "activity_lines": [ 17.248937, 17.343179, 17.298987, 16.810285 ] }, { "date": "2024-09-27", "close": 17.325727, "volume": 30334, "typical_volume": 71077.5, "trend": 16.138362, "fair_value": 28.443027, "relative_strength": 7.763482, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.621402, "energy": 16.982332, "activity_lines": [ 17.248937, 17.322237, 17.321385, 16.893598 ] }, { "date": "2024-10-04", "close": 17.181746, "volume": 27572, "typical_volume": 66182.0, "trend": 16.256747, "fair_value": 28.174784, "relative_strength": 8.205082, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.481325, "energy": 12.790446, "activity_lines": [ 17.236139, 17.279479, 17.312471, 16.960913 ] }, { "date": "2024-10-11", "close": 17.469709, "volume": 28050, "typical_volume": 61305.85, "trend": 16.38473, "fair_value": 27.908832, "relative_strength": 10.531795, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.014185, "energy": 16.894074, "activity_lines": [ 17.316129, 17.304785, 17.325041, 17.039168 ] }, { "date": "2024-10-18", "close": 16.797796, "volume": 42194, "typical_volume": 59067.95, "trend": 16.477518, "fair_value": 27.639913, "relative_strength": 6.06509, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.845303, "energy": 6.922294, "activity_lines": [ 17.146551, 17.21316, 17.272934, 17.065818 ] }, { "date": "2024-10-25", "close": 17.22974, "volume": 43649, "typical_volume": 52399.35, "trend": 16.573825, "fair_value": 27.370192, "relative_strength": 8.567718, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.049343, "energy": 8.189135, "activity_lines": [ 17.162549, 17.203561, 17.272248, 17.114348 ] }, { "date": "2024-11-01", "close": 16.749802, "volume": 30059, "typical_volume": 50369.55, "trend": 16.671413, "fair_value": 27.081332, "relative_strength": 6.716325, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.421295, "energy": 7.153104, "activity_lines": [ 17.012168, 17.110192, 17.226083, 17.125702 ] }, { "date": "2024-11-08", "close": 16.173878, "volume": 66948, "typical_volume": 50516.0, "trend": 16.757801, "fair_value": 26.755314, "relative_strength": 2.846824, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.370384, "energy": 24.262463, "activity_lines": [ 16.708208, 16.932179, 17.124611, 17.093603 ] }, { "date": "2024-11-15", "close": 16.413847, "volume": 79438, "typical_volume": 51861.15, "trend": 16.84099, "fair_value": 26.460731, "relative_strength": 6.298257, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.418198, "energy": 31.232737, "activity_lines": [ 16.551429, 16.815249, 17.048278, 17.071412 ] }, { "date": "2024-11-22", "close": 15.453973, "volume": 27039, "typical_volume": 48463.95, "trend": 16.877786, "fair_value": 26.15687, "relative_strength": -0.129567, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.681768, "energy": 54.740354, "activity_lines": [ 16.145082, 16.536013, 16.883271, 16.981927 ] }, { "date": "2024-11-29", "close": 15.022029, "volume": 29289, "typical_volume": 47110.25, "trend": 16.92098, "fair_value": 25.860504, "relative_strength": -2.984862, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.816599, "energy": 73.151347, "activity_lines": [ 15.684342, 16.214018, 16.684897, 16.862201 ] }, { "date": "2024-12-06", "close": 15.501966, "volume": 28460, "typical_volume": 45662.65, "trend": 16.983372, "fair_value": 25.585063, "relative_strength": -3.869081, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.51665, "energy": 69.997584, "activity_lines": [ 15.530762, 16.01768, 16.541144, 16.770651 ] }, { "date": "2024-12-13", "close": 14.302123, "volume": 100585, "typical_volume": 47826.25, "trend": 16.928979, "fair_value": 25.291667, "relative_strength": -9.439359, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.781922, "energy": 79.782765, "activity_lines": [ 15.060424, 15.636349, 16.292948, 16.597668 ] }, { "date": "2024-12-20", "close": 13.582217, "volume": 103105, "typical_volume": 51413.25, "trend": 16.804195, "fair_value": 24.997227, "relative_strength": -11.287233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.083343, "energy": 84.839505, "activity_lines": [ 14.4749, 15.176481, 15.994016, 16.381747 ] }, { "date": "2024-12-27", "close": 13.438237, "volume": 33784, "typical_volume": 49502.8, "trend": 16.620219, "fair_value": 24.690708, "relative_strength": -12.732248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.790481, "energy": 85.279155, "activity_lines": [ 14.030159, 14.761118, 15.701254, 16.164589 ] }, { "date": "2025-01-03", "close": 13.486231, "volume": 69361, "typical_volume": 51216.45, "trend": 16.493836, "fair_value": 24.390297, "relative_strength": -13.043118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.517385, "energy": 84.538365, "activity_lines": [ 13.735798, 14.415563, 15.429976, 15.962396 ] }, { "date": "2025-01-10", "close": 13.102281, "volume": 57869, "typical_volume": 49260.65, "trend": 16.375452, "fair_value": 24.095458, "relative_strength": -15.798644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.89756, "energy": 85.058452, "activity_lines": [ 13.41584, 14.068263, 15.140871, 15.743586 ] }, { "date": "2025-01-17", "close": 13.198269, "volume": 72586, "typical_volume": 50547.35, "trend": 16.260267, "fair_value": 23.776245, "relative_strength": -18.065065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.640577, "energy": 76.487789, "activity_lines": [ 13.287857, 13.804734, 14.883533, 15.538607 ] }, { "date": "2025-01-24", "close": 14.974036, "volume": 87371, "typical_volume": 51876.75, "trend": 16.193076, "fair_value": 23.486265, "relative_strength": -8.944595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.149524, "energy": 48.81661, "activity_lines": [ 13.825387, 13.918174, 14.814057, 15.455624 ] }, { "date": "2025-01-31", "close": 14.062155, "volume": 65420, "typical_volume": 52484.55, "trend": 16.092289, "fair_value": 23.163666, "relative_strength": -14.397469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.712933, "energy": 37.829946, "activity_lines": [ 13.966168, 13.891996, 14.66779, 15.318145 ] }, { "date": "2025-02-07", "close": 14.974036, "volume": 51434, "typical_volume": 53727.35, "trend": 16.028297, "fair_value": 22.859853, "relative_strength": -7.732021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.56013, "energy": 23.703145, "activity_lines": [ 14.369315, 14.05692, 14.624367, 15.246 ] }, { "date": "2025-02-14", "close": 14.782061, "volume": 121925, "typical_volume": 58306.9, "trend": 15.935509, "fair_value": 22.563733, "relative_strength": -11.328718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.270235, "energy": 25.548071, "activity_lines": [ 14.609284, 14.187812, 14.572945, 15.165598 ] }, { "date": "2025-02-21", "close": 17.517702, "volume": 231571, "typical_volume": 68506.85, "trend": 15.917912, "fair_value": 22.294074, "relative_strength": 4.605009, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.774076, "energy": 23.297648, "activity_lines": [ 15.649147, 14.829182, 14.794173, 15.267674 ] }, { "date": "2025-02-28", "close": 17.277733, "volume": 59980, "typical_volume": 70103.35, "trend": 15.901914, "fair_value": 22.060358, "relative_strength": 2.971851, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.958623, "energy": 39.317287, "activity_lines": [ 16.321059, 15.368457, 14.990948, 15.355405 ] }, { "date": "2025-03-07", "close": 16.845789, "volume": 47858, "typical_volume": 70386.55, "trend": 15.897114, "fair_value": 21.807809, "relative_strength": 0.015087, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.736703, "energy": 41.644331, "activity_lines": [ 16.695409, 15.762005, 15.147498, 15.4163 ] }, { "date": "2025-03-14", "close": 18.237606, "volume": 86404, "typical_volume": 72524.3, "trend": 15.924311, "fair_value": 21.54678, "relative_strength": 9.683716, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.330112, "energy": 63.562403, "activity_lines": [ 17.348123, 16.346655, 15.436375, 15.5673 ] }, { "date": "2025-03-21", "close": 18.909521, "volume": 61705, "typical_volume": 74106.6, "trend": 15.959506, "fair_value": 21.29809, "relative_strength": 15.422795, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.011426, "energy": 73.374541, "activity_lines": [ 18.007238, 16.967083, 15.784443, 15.759894 ] }, { "date": "2025-03-28", "close": 17.805664, "volume": 80724, "typical_volume": 74795.4, "trend": 15.981903, "fair_value": 21.036078, "relative_strength": 11.938471, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.481698, "energy": 59.329614, "activity_lines": [ 18.023236, 17.281224, 16.017099, 15.879001 ] }, { "date": "2025-04-04", "close": 17.421715, "volume": 52952, "typical_volume": 73471.1, "trend": 15.993102, "fair_value": 20.737692, "relative_strength": 20.975548, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.062305, "energy": 39.953405, "activity_lines": [ 17.892053, 17.441785, 16.205417, 15.971892 ] }, { "date": "2025-04-11", "close": 17.22974, "volume": 96362, "typical_volume": 76937.25, "trend": 15.986703, "fair_value": 20.410857, "relative_strength": 19.366062, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.473244, "energy": 39.746782, "activity_lines": [ 17.68728, 17.522938, 16.370652, 16.051675 ] }, { "date": "2025-04-18", "close": 18.717543, "volume": 57523, "typical_volume": 78348.95, "trend": 16.039496, "fair_value": 20.118993, "relative_strength": 24.480403, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.578002, "energy": 39.421898, "activity_lines": [ 17.952845, 17.817008, 16.669127, 16.227858 ] }, { "date": "2025-04-25", "close": 18.189615, "volume": 33850, "typical_volume": 78618.45, "trend": 16.068292, "fair_value": 19.829546, "relative_strength": 16.748369, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.214611, "energy": 36.816322, "activity_lines": [ 18.010437, 17.947027, 16.899726, 16.366575 ] }, { "date": "2025-05-02", "close": 17.37372, "volume": 70370, "typical_volume": 77107.7, "trend": 16.074691, "fair_value": 19.540223, "relative_strength": 9.359909, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.550307, "energy": 29.164167, "activity_lines": [ 17.844059, 17.866747, 17.039822, 16.450797 ] }, { "date": "2025-05-09", "close": 19.869394, "volume": 86494, "typical_volume": 76277.15, "trend": 16.154681, "fair_value": 19.27493, "relative_strength": 24.674467, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.970641, "energy": 46.147188, "activity_lines": [ 18.538368, 18.242843, 17.402974, 16.695616 ] }, { "date": "2025-05-16", "close": 22.310413, "volume": 125986, "typical_volume": 80887.25, "trend": 16.338435, "fair_value": 19.094821, "relative_strength": 33.713988, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.285233, "energy": 72.106382, "activity_lines": [ 19.883172, 19.01564, 17.968666, 17.09276 ] }, { "date": "2025-05-23", "close": 23.391533, "volume": 123987, "typical_volume": 83618.55, "trend": 16.543828, "fair_value": 18.957702, "relative_strength": 42.654511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.649999, "energy": 88.698231, "activity_lines": [ 21.249637, 19.885647, 18.595072, 17.547799 ] }, { "date": "2025-05-30", "close": 23.194967, "volume": 59259, "typical_volume": 83688.05, "trend": 16.758666, "fair_value": 18.834776, "relative_strength": 39.704048, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.886426, "energy": 90.669234, "activity_lines": [ 22.238981, 20.626207, 19.155591, 17.976905 ] }, { "date": "2025-06-06", "close": 22.506979, "volume": 64562, "typical_volume": 83286.85, "trend": 16.96977, "fair_value": 18.71587, "relative_strength": 33.289066, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.039228, "energy": 86.087817, "activity_lines": [ 22.665305, 21.163762, 19.602526, 18.347763 ] }, { "date": "2025-06-13", "close": 21.425858, "volume": 54375, "typical_volume": 81637.05, "trend": 17.136837, "fair_value": 18.62375, "relative_strength": 29.259595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.836832, "energy": 77.748165, "activity_lines": [ 22.389039, 21.41927, 19.90217, 18.635253 ] }, { "date": "2025-06-20", "close": 23.293251, "volume": 68079, "typical_volume": 81770.0, "trend": 17.398146, "fair_value": 18.552733, "relative_strength": 40.023577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.927428, "energy": 59.018078, "activity_lines": [ 22.631473, 21.941502, 20.348938, 19.032441 ] }, { "date": "2025-06-27", "close": 21.032722, "volume": 74802, "typical_volume": 82938.4, "trend": 17.598503, "fair_value": 18.454581, "relative_strength": 22.838135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.936151, "energy": 44.265487, "activity_lines": [ 22.054874, 21.942483, 20.53646, 19.26693 ] }, { "date": "2025-07-04", "close": 21.818995, "volume": 39836, "typical_volume": 78833.95, "trend": 17.80907, "fair_value": 18.339226, "relative_strength": 26.395791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.484135, "energy": 35.833414, "activity_lines": [ 21.897621, 22.044328, 20.770014, 19.53922 ] }, { "date": "2025-07-11", "close": 21.524141, "volume": 28603, "typical_volume": 68685.55, "trend": 18.049804, "fair_value": 18.243755, "relative_strength": 22.397233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.800541, "energy": 32.993296, "activity_lines": [ 21.733814, 22.026575, 20.941977, 19.778902 ] }, { "date": "2025-07-18", "close": 21.818995, "volume": 31184, "typical_volume": 67245.75, "trend": 18.324363, "fair_value": 18.163756, "relative_strength": 23.397909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.790853, "energy": 26.430276, "activity_lines": [ 21.733815, 21.98697, 21.122944, 20.022075 ] }, { "date": "2025-07-25", "close": 22.21213, "volume": 36345, "typical_volume": 66670.1, "trend": 18.616827, "fair_value": 18.080189, "relative_strength": 22.231522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.498385, "energy": 29.734309, "activity_lines": [ 21.838651, 21.983396, 21.319727, 20.272899 ] }, { "date": "2025-08-01", "close": 21.327576, "volume": 47658, "typical_volume": 64732.8, "trend": 18.878205, "fair_value": 17.993059, "relative_strength": 20.328131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.643726, "energy": 23.908775, "activity_lines": [ 21.720711, 21.820781, 21.406713, 20.447786 ] }, { "date": "2025-08-08", "close": 19.951601, "volume": 48898, "typical_volume": 64092.45, "trend": 19.106515, "fair_value": 17.891021, "relative_strength": 9.337488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.948648, "energy": 12.741233, "activity_lines": [ 21.124455, 21.445516, 21.347939, 20.517037 ] }, { "date": "2025-08-15", "close": 23.293251, "volume": 102874, "typical_volume": 65199.95, "trend": 19.443015, "fair_value": 17.816491, "relative_strength": 25.159639, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.841418, "energy": 30.404478, "activity_lines": [ 21.766576, 21.736793, 21.602456, 20.787149 ] }, { "date": "2025-08-22", "close": 26.733183, "volume": 274520, "typical_volume": 76278.35, "trend": 19.834986, "fair_value": 17.764715, "relative_strength": 39.912937, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.22702, "energy": 53.76727, "activity_lines": [ 23.4374, 22.639217, 22.158454, 21.257483 ] }, { "date": "2025-08-29", "close": 29.288559, "volume": 214628, "typical_volume": 82191.65, "trend": 20.342533, "fair_value": 17.745008, "relative_strength": 55.0909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.323042, "energy": 82.300774, "activity_lines": [ 25.632404, 23.909758, 22.91348, 21.867391 ] }, { "date": "2025-09-05", "close": 29.386843, "volume": 114045, "typical_volume": 85017.75, "trend": 20.82296, "fair_value": 17.732018, "relative_strength": 53.786394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.80741, "energy": 88.400121, "activity_lines": [ 27.388407, 25.089163, 23.620444, 22.450894 ] }, { "date": "2025-09-12", "close": 29.386843, "volume": 63041, "typical_volume": 86477.3, "trend": 21.309786, "fair_value": 17.723945, "relative_strength": 51.576213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.63246, "energy": 89.416359, "activity_lines": [ 28.607125, 26.116675, 24.276602, 23.003403 ] }, { "date": "2025-09-19", "close": 29.091991, "volume": 36898, "typical_volume": 84803.7, "trend": 21.695596, "fair_value": 17.724285, "relative_strength": 47.747711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.685998, "energy": 87.428866, "activity_lines": [ 29.098544, 26.95298, 24.851358, 23.505481 ] }, { "date": "2025-09-26", "close": 29.58341, "volume": 101812, "typical_volume": 85569.6, "trend": 22.105785, "fair_value": 17.743697, "relative_strength": 48.569676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.224044, "energy": 84.12781, "activity_lines": [ 29.367186, 27.741037, 25.417115, 24.014372 ] }, { "date": "2025-10-03", "close": 30.467964, "volume": 264656, "typical_volume": 92503.1, "trend": 22.559857, "fair_value": 17.754496, "relative_strength": 46.573181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.967137, "energy": 62.050491, "activity_lines": [ 29.740664, 28.54875, 26.020858, 24.553867 ] }, { "date": "2025-10-10", "close": 30.467964, "volume": 111208, "typical_volume": 91864.15, "trend": 22.967536, "fair_value": 17.773724, "relative_strength": 46.07416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.288113, "energy": 57.665777, "activity_lines": [ 30.035515, 29.206358, 26.585756, 25.064068 ] }, { "date": "2025-10-17", "close": 30.36968, "volume": 45043, "typical_volume": 91153.35, "trend": 23.349541, "fair_value": 17.800049, "relative_strength": 44.21549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.038616, "energy": 54.107848, "activity_lines": [ 30.225531, 29.679907, 27.107596, 25.541626 ] }, { "date": "2025-10-24", "close": 30.861099, "volume": 65934, "typical_volume": 91221.95, "trend": 23.784722, "fair_value": 17.863476, "relative_strength": 40.518908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.055569, "energy": 52.868911, "activity_lines": [ 30.51383, 30.053385, 27.642072, 26.026242 ] }, { "date": "2025-10-31", "close": 30.762815, "volume": 53562, "typical_volume": 91181.3, "trend": 24.229426, "fair_value": 17.910819, "relative_strength": 39.51962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.340466, "energy": 49.731426, "activity_lines": [ 30.651427, 30.271396, 28.127407, 26.476442 ] }, { "date": "2025-11-07", "close": 34.00618, "volume": 64010, "typical_volume": 90977.85, "trend": 24.78864, "fair_value": 17.971694, "relative_strength": 53.872568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.104911, "energy": 57.83279, "activity_lines": [ 31.791519, 31.005844, 28.877171, 27.1072 ] }, { "date": "2025-11-14", "close": 36.463272, "volume": 208055, "typical_volume": 97640.5, "trend": 25.380165, "fair_value": 18.064476, "relative_strength": 60.99387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.024958, "energy": 75.600926, "activity_lines": [ 33.51476, 32.101261, 29.809931, 27.860402 ] }, { "date": "2025-11-21", "close": 41.279179, "volume": 226966, "typical_volume": 106997.0, "trend": 26.149817, "fair_value": 18.190705, "relative_strength": 82.255792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.118437, "energy": 95.106671, "activity_lines": [ 36.443617, 33.943635, 31.127869, 28.886145 ] }, { "date": "2025-11-28", "close": 34.202747, "volume": 289707, "typical_volume": 120052.2, "trend": 26.710784, "fair_value": 18.263845, "relative_strength": 44.143212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.655055, "energy": 80.946792, "activity_lines": [ 36.286363, 34.283161, 31.679195, 29.405689 ] }, { "date": "2025-12-05", "close": 40.198059, "volume": 270540, "typical_volume": 132020.0, "trend": 27.388407, "fair_value": 18.381037, "relative_strength": 64.008814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.809695, "energy": 82.211182, "activity_lines": [ 37.90477, 35.619821, 32.741127, 30.275836 ] }, { "date": "2025-12-12", "close": 40.099773, "volume": 112418, "typical_volume": 135823.65, "trend": 27.981385, "fair_value": 18.495256, "relative_strength": 60.857979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.54004, "energy": 68.585068, "activity_lines": [ 38.861398, 36.745616, 33.70618, 31.095924 ] }, { "date": "2025-12-19", "close": 39.80492, "volume": 124353, "typical_volume": 139658.4, "trend": 28.528498, "fair_value": 18.614142, "relative_strength": 55.650299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.301078, "energy": 57.669828, "activity_lines": [ 39.313503, 37.642679, 34.557973, 31.858732 ] }, { "date": "2025-12-26", "close": 39.706638, "volume": 24439, "typical_volume": 138435.45, "trend": 29.078887, "fair_value": 18.727013, "relative_strength": 52.065113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.191539, "energy": 58.002828, "activity_lines": [ 39.51007, 38.352109, 35.312418, 32.579903 ] }, { "date": "2026-01-02", "close": 41.475746, "volume": 132393, "typical_volume": 139911.4, "trend": 29.71118, "fair_value": 18.851458, "relative_strength": 54.151299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.314019, "energy": 59.640713, "activity_lines": [ 40.401176, 39.213432, 36.141277, 33.3797 ] }, { "date": "2026-01-09", "close": 39.608353, "volume": 265893, "typical_volume": 139480.05, "trend": 30.317263, "fair_value": 18.957376, "relative_strength": 40.241841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.28483, "energy": 49.816553, "activity_lines": [ 40.184952, 39.542236, 36.705707, 34.018227 ] }, { "date": "2026-01-16", "close": 40.787758, "volume": 152592, "typical_volume": 136378.25, "trend": 30.900413, "fair_value": 19.067342, "relative_strength": 38.994455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.149833, "energy": 47.280515, "activity_lines": [ 40.401176, 39.924649, 37.32115, 34.693743 ] }, { "date": "2026-01-23", "close": 39.903202, "volume": 146996, "typical_volume": 138025.8, "trend": 31.529429, "fair_value": 19.170936, "relative_strength": 35.07573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.82661, "energy": 41.742284, "activity_lines": [ 40.276682, 40.022932, 37.797592, 35.274568 ] }, { "date": "2026-01-30", "close": 42.262016, "volume": 634375, "typical_volume": 166592.5, "trend": 32.210863, "fair_value": 19.284967, "relative_strength": 40.058918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.37723, "energy": 41.642181, "activity_lines": [ 40.931908, 40.487546, 38.448605, 35.966993 ] }, { "date": "2026-02-06", "close": 43.244854, "volume": 246427, "typical_volume": 177068.95, "trend": 32.934887, "fair_value": 19.408109, "relative_strength": 36.843628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.601354, "energy": 43.590718, "activity_lines": [ 41.744387, 41.112989, 39.131911, 36.678864 ] }, { "date": "2026-02-13", "close": 44.915676, "volume": 229154, "typical_volume": 183436.05, "trend": 33.704776, "fair_value": 19.538683, "relative_strength": 39.78478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.459538, "energy": 46.984513, "activity_lines": [ 42.995867, 41.877815, 39.906949, 37.451818 ] }, { "date": "2026-02-20", "close": 39.510071, "volume": 1749382, "typical_volume": 257672.35, "trend": 34.281374, "fair_value": 19.653337, "relative_strength": 19.280299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.674346, "energy": 38.491676, "activity_lines": [ 42.091657, 41.574029, 40.094156, 37.826353 ] }, { "date": "2026-02-27", "close": 43.441422, "volume": 222661, "typical_volume": 263245.0, "trend": 35.018502, "fair_value": 19.789446, "relative_strength": 27.744194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.618089, "energy": 39.490554, "activity_lines": [ 42.583076, 41.995756, 40.61272, 38.417324 ] }, { "date": "2026-03-06", "close": 44.227692, "volume": 240744, "typical_volume": 273030.05, "trend": 35.827705, "fair_value": 19.927551, "relative_strength": 35.864711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.345591, "energy": 41.503156, "activity_lines": [ 43.100704, 42.494323, 41.144389, 39.011465 ] }, { "date": "2026-03-13", "close": 42.556866, "volume": 175232, "typical_volume": 278494.95, "trend": 36.469826, "fair_value": 20.053307, "relative_strength": 29.889099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.766638, "energy": 32.137595, "activity_lines": [ 42.930345, 42.606902, 41.45094, 39.445604 ] }, { "date": "2026-03-20", "close": 41.574028, "volume": 86337, "typical_volume": 280133.7, "trend": 36.964521, "fair_value": 20.181191, "relative_strength": 31.999776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.50085, "energy": 27.810225, "activity_lines": [ 42.47824, 42.521127, 41.608194, 39.774908 ] }, { "date": "2026-03-27", "close": 41.574028, "volume": 113120, "typical_volume": 282589.2, "trend": 37.374036, "fair_value": 20.304861, "relative_strength": 30.322491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.084456, "energy": 21.864991, "activity_lines": [ 42.24891, 42.399613, 41.713966, 40.072295 ] }, { "date": "2026-04-03", "close": 41.868877, "volume": 85496, "typical_volume": 276461.25, "trend": 37.790104, "fair_value": 20.432997, "relative_strength": 25.336222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.17471, "energy": 16.760114, "activity_lines": [ 41.980267, 42.317411, 41.811782, 40.362285 ] }, { "date": "2026-04-10", "close": 42.262016, "volume": 128692, "typical_volume": 271547.55, "trend": 38.219277, "fair_value": 20.562482, "relative_strength": 19.418214, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.939452, "energy": 15.027225, "activity_lines": [ 41.947506, 42.27095, 41.921298, 40.650796 ] }, { "date": "2026-04-17", "close": 42.950001, "volume": 48915, "typical_volume": 259507.95, "trend": 38.68121, "fair_value": 20.697783, "relative_strength": 17.505152, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.031535, "energy": 17.721555, "activity_lines": [ 42.275119, 42.349577, 42.091656, 40.956004 ] }, { "date": "2026-04-24", "close": 44.200001, "volume": 200006, "typical_volume": 255981.25, "trend": 39.16843, "fair_value": 20.84812, "relative_strength": 22.697177, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.726355, "energy": 26.463788, "activity_lines": [ 42.993189, 42.660837, 42.339409, 41.312055 ] }, { "date": "2026-05-01", "close": 50.0, "volume": 184693, "typical_volume": 259595.0, "trend": 39.819498, "fair_value": 21.04032, "relative_strength": 38.510157, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.824003, "energy": 57.814909, "activity_lines": [ 45.469528, 44.039655, 43.120485, 42.010866 ] }, { "date": "2026-05-08", "close": 49.900002, "volume": 128309, "typical_volume": 259792.8, "trend": 40.467232, "fair_value": 21.261147, "relative_strength": 35.840839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.903759, "energy": 70.563109, "activity_lines": [ 47.350802, 45.209566, 43.844894, 42.661221 ] }, { "date": "2026-05-15", "close": 51.599998, "volume": 117009, "typical_volume": 264421.3, "trend": 41.17491, "fair_value": 21.501442, "relative_strength": 40.334816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.555777, "energy": 79.020074, "activity_lines": [ 49.263333, 46.571138, 44.683136, 43.379464 ] }, { "date": "2026-05-22", "close": 47.700001, "volume": 107614, "typical_volume": 263182.35, "trend": 41.736206, "fair_value": 21.695288, "relative_strength": 24.07652, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.25088, "energy": 74.469391, "activity_lines": [ 49.253334, 47.089578, 45.093314, 43.800437 ] }, { "date": "2026-05-29", "close": 48.200001, "volume": 78891, "typical_volume": 253832.25, "trend": 42.317446, "fair_value": 21.89234, "relative_strength": 24.509504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.83146, "energy": 67.752504, "activity_lines": [ 49.093334, 47.605416, 45.521472, 44.217456 ] }, { "date": "2026-06-05", "close": 45.0, "volume": 19964, "typical_volume": 247200.85, "trend": 42.683907, "fair_value": 22.085269, "relative_strength": 16.054832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.881222, "energy": 37.49363, "activity_lines": [ 47.6, 47.418962, 45.603955, 44.390524 ] }, { "date": "2026-06-12", "close": 43.200001, "volume": 13004, "typical_volume": 240501.25, "trend": 42.908464, "fair_value": 22.27331, "relative_strength": 10.630952, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.4942, "energy": 17.375534, "activity_lines": [ 45.840001, 46.842946, 45.494952, 44.423821 ] }, { "date": "2026-06-19", "close": 39.900002, "volume": 128899, "typical_volume": 215227.45, "trend": 42.862492, "fair_value": 22.445348, "relative_strength": -0.37522, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.300059, "energy": 17.575075, "activity_lines": [ 43.426668, 45.642728, 45.055964, 44.229726 ] }, { "date": "2026-06-26", "close": 39.400002, "volume": 20436, "typical_volume": 203927.9, "trend": 43.035733, "fair_value": 22.592572, "relative_strength": -1.457835, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.073554, "energy": 36.701399, "activity_lines": [ 41.626668, 44.394546, 44.580604, 44.00634 ] }, { "date": "2026-07-03", "close": 38.5, "volume": 15505, "typical_volume": 193245.45, "trend": 42.979132, "fair_value": 22.768484, "relative_strength": -6.928882, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.474991, "energy": 54.325349, "activity_lines": [ 40.080001, 43.047274, 44.037839, 43.713712 ] }, { "date": "2026-07-10", "close": 34.5, "volume": 256829, "typical_volume": 118617.8, "trend": 42.792472, "fair_value": 22.916909, "relative_strength": -15.08867, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.486098, "energy": 74.221672, "activity_lines": [ 37.846667, 41.076364, 43.144672, 43.166671 ] }, { "date": "2026-07-17", "close": 42.0, "volume": 256871, "typical_volume": 120328.3, "trend": 42.865642, "fair_value": 23.111688, "relative_strength": 3.63844, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.523523, "energy": 56.131353, "activity_lines": [ 38.813334, 40.75091, 42.989649, 43.115544 ] }, { "date": "2026-07-24", "close": 42.599998, "volume": 152416, "typical_volume": 115911.9, "trend": 42.962087, "fair_value": 23.309698, "relative_strength": 2.653708, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.073768, "energy": 30.056186, "activity_lines": [ 40.059999, 40.678182, 42.898632, 43.098406 ] }, { "date": "2026-07-31", "close": 42.0, "volume": 83095, "typical_volume": 111305.05, "trend": 42.979562, "fair_value": 23.50903, "relative_strength": -0.930047, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.531503, "energy": 17.324869, "activity_lines": [ 40.926666, 40.66, 42.758223, 43.036336 ] }, { "date": "2026-08-07", "close": 39.0, "volume": 143687, "typical_volume": 114172.55, "trend": 42.959284, "fair_value": 23.687286, "relative_strength": -10.36588, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -45.660132, "energy": 22.852836, "activity_lines": [ 40.62, 40.2, 42.334752, 42.77959 ] } ], "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." } } }