{ "ticker": { "uuid": "c3edf7b5-85bd-4de0-970a-e6ee976b70eb", "symbol": "HAYW", "name": "Hayward Holdings Inc", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 52.954, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 10.641, "architecture_energy": 13.031, "architecture_maturity": 33.907, "architecture_confidence": 51.61, "architecture_tenure": "New", "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": 59.23, "rotation_up": 24.69, "upward_expansion": 23.04, "deceleration": 67.0, "rotation_down": 43.47, "downward_expansion": 32.04 }, "activity_lines": [ 15.17, 15.362727, 15.052524, 14.966022 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 15.82, "trend_reference": 15.118667, "distance_from_trend": 0.046389, "trend_direction": "Weakening", "fair_value": 14.438846, "distance_from_fair_value": 0.095655, "fair_value_direction": "Improving", "relative_strength": -8.690432, "relative_strength_direction": "Improving", "price_momentum": -0.053262, "excess_performance": -0.178886, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.046389, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.014921, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.095655, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.070884, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.086904, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.063451, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.053262, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.081887, "read": "Demand-led" } ], "volume": { "latest": 16509695, "relative_activity": 1.258952, "balance": 2.081887, "dry_up": 1.262674, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.072912, "annualized_volatility": 0.338927, "from_high_reference": -0.107727, "from_low_reference": 0.223511 }, "levels": { "trend_reference": 15.118667, "fair_value_reference": 14.438846, "structural_low": 12.93, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.031284, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": 0.001592, "regime_survival": 0.25, "best_return": 0.152922, "worst_return": -0.124924, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.05905, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.00346, "regime_survival": 0.0, "best_return": 0.226597, "worst_return": -0.0538, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.172283, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.051149, "regime_survival": 0.5, "best_return": 0.232929, "worst_return": -0.010511, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.069546, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.095339, "regime_survival": 0.666667, "best_return": 0.153106, "worst_return": 0.036419, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-12-27", "tenure": "Established", "return": 0.043949, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-07", "tenure": "Developing", "return": -0.068421, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.023448, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-05-23", "tenure": "Developing", "return": -0.027162, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-18", "tenure": "Developing", "return": 0.051613, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": 0.005298, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.06545, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": 0.099093, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-02-27", "tenure": "Established", "return": 0.006923, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.082717, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-06-19", "tenure": "Established", "return": 0.133787, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-26", "end": "2026-07-03", "tenure": "New", "return": 0.029109, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-07-24", "tenure": "New", "return": -0.093593, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.045605, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.87, "volume": 7709232, "typical_volume": 9884080.6, "trend": 12.278667, "fair_value": 16.270234, "relative_strength": 14.039751, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.617659, "energy": 77.844859, "activity_lines": [ 14.009333, 13.462364, 12.718524, 12.419914 ] }, { "date": "2023-08-25", "close": 13.81, "volume": 6104983, "typical_volume": 9766308.3, "trend": 12.301667, "fair_value": 16.251163, "relative_strength": 12.356106, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.829972, "energy": 74.72856, "activity_lines": [ 14.014, 13.613818, 12.867429, 12.51871 ] }, { "date": "2023-09-01", "close": 14.91, "volume": 7129478, "typical_volume": 9827023.55, "trend": 12.330333, "fair_value": 16.240846, "relative_strength": 17.767579, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.565918, "energy": 73.047427, "activity_lines": [ 14.318667, 13.922, 13.108095, 12.686989 ] }, { "date": "2023-09-08", "close": 13.97, "volume": 6545798, "typical_volume": 9820486.35, "trend": 12.363333, "fair_value": 16.223511, "relative_strength": 11.525027, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.147257, "energy": 47.092516, "activity_lines": [ 14.204, 13.998364, 13.240762, 12.792774 ] }, { "date": "2023-09-15", "close": 14.02, "volume": 11743453, "typical_volume": 9983233.05, "trend": 12.393667, "fair_value": 16.206818, "relative_strength": 11.681478, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.246191, "energy": 42.495307, "activity_lines": [ 14.146667, 14.063455, 13.367048, 12.899656 ] }, { "date": "2023-09-22", "close": 13.67, "volume": 8184424, "typical_volume": 9772932.7, "trend": 12.434333, "fair_value": 16.187744, "relative_strength": 11.691506, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.447403, "energy": 33.584409, "activity_lines": [ 13.998, 14.036545, 13.450571, 12.982 ] }, { "date": "2023-09-29", "close": 14.1, "volume": 47817130, "typical_volume": 11139969.35, "trend": 12.496, "fair_value": 16.172164, "relative_strength": 15.391918, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.553975, "energy": 27.921767, "activity_lines": [ 14.006, 14.066364, 13.568952, 13.089462 ] }, { "date": "2023-10-06", "close": 12.85, "volume": 15485978, "typical_volume": 11399847.65, "trend": 12.543333, "fair_value": 16.147556, "relative_strength": 4.325008, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.988719, "energy": 16.620006, "activity_lines": [ 13.578, 13.845455, 13.555762, 13.112301 ] }, { "date": "2023-10-13", "close": 12.76, "volume": 8598594, "typical_volume": 11516011.95, "trend": 12.589667, "fair_value": 16.122647, "relative_strength": 2.794775, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.360762, "energy": 16.212332, "activity_lines": [ 13.257333, 13.616727, 13.528952, 13.12628 ] }, { "date": "2023-10-20", "close": 12.59, "volume": 10901891, "typical_volume": 11782151.25, "trend": 12.644333, "fair_value": 16.096861, "relative_strength": 3.412057, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.488608, "energy": 14.232687, "activity_lines": [ 12.960667, 13.390182, 13.479143, 13.126301 ] }, { "date": "2023-10-27", "close": 11.39, "volume": 10588650, "typical_volume": 11970443.2, "trend": 12.633333, "fair_value": 16.062754, "relative_strength": -4.268238, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.695451, "energy": 37.631207, "activity_lines": [ 12.359333, 12.978364, 13.309238, 13.045376 ] }, { "date": "2023-11-03", "close": 11.14, "volume": 27113949, "typical_volume": 13042463.7, "trend": 12.635333, "fair_value": 16.027338, "relative_strength": -11.622504, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.347525, "energy": 57.626774, "activity_lines": [ 11.826667, 12.566182, 13.11381, 12.949032 ] }, { "date": "2023-11-10", "close": 10.98, "volume": 9654821, "typical_volume": 13174557.5, "trend": 12.633667, "fair_value": 15.991286, "relative_strength": -13.921846, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.354727, "energy": 64.967545, "activity_lines": [ 11.438, 12.173455, 12.904524, 12.842237 ] }, { "date": "2023-11-17", "close": 11.66, "volume": 9604547, "typical_volume": 13273890.45, "trend": 12.634667, "fair_value": 15.960567, "relative_strength": -10.736319, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.974315, "energy": 61.849707, "activity_lines": [ 11.400667, 11.975818, 12.762762, 12.779419 ] }, { "date": "2023-11-24", "close": 11.91, "volume": 3626276, "typical_volume": 13149990.9, "trend": 12.630333, "fair_value": 15.932042, "relative_strength": -9.813199, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.635759, "energy": 46.672117, "activity_lines": [ 11.52, 11.865636, 12.650476, 12.732667 ] }, { "date": "2023-12-01", "close": 12.29, "volume": 8442018, "typical_volume": 13078548.4, "trend": 12.627, "fair_value": 15.906573, "relative_strength": -7.892373, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.262295, "energy": 27.22036, "activity_lines": [ 11.811333, 11.862909, 12.577, 12.71071 ] }, { "date": "2023-12-08", "close": 12.75, "volume": 9290287, "typical_volume": 13146299.9, "trend": 12.669667, "fair_value": 15.884653, "relative_strength": -4.951976, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.719875, "energy": 10.006828, "activity_lines": [ 12.196, 11.968909, 12.548286, 12.718645 ] }, { "date": "2023-12-15", "close": 13.32, "volume": 15753731, "typical_volume": 13521716.9, "trend": 12.720667, "fair_value": 15.866966, "relative_strength": -3.291449, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.557099, "energy": 17.964802, "activity_lines": [ 12.663333, 12.203091, 12.574143, 12.760602 ] }, { "date": "2023-12-22", "close": 13.54, "volume": 8021648, "typical_volume": 12586269.9, "trend": 12.794333, "fair_value": 15.851027, "relative_strength": -2.827325, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.975225, "energy": 26.229523, "activity_lines": [ 13.048, 12.468727, 12.620952, 12.813462 ] }, { "date": "2023-12-29", "close": 13.6, "volume": 3637521, "typical_volume": 11797720.45, "trend": 12.868667, "fair_value": 15.835714, "relative_strength": -2.969553, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.474438, "energy": 31.074482, "activity_lines": [ 13.327333, 12.731091, 12.678429, 12.865441 ] }, { "date": "2024-01-05", "close": 12.73, "volume": 4560472, "typical_volume": 11640282.45, "trend": 12.925333, "fair_value": 15.81473, "relative_strength": -7.612791, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.965621, "energy": 25.575556, "activity_lines": [ 13.204, 12.816909, 12.656857, 12.856495 ] }, { "date": "2024-01-12", "close": 12.58, "volume": 6517310, "typical_volume": 11660898.8, "trend": 12.963667, "fair_value": 15.79302, "relative_strength": -10.08421, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.665011, "energy": 15.942347, "activity_lines": [ 13.001333, 12.851091, 12.626429, 12.834215 ] }, { "date": "2024-01-19", "close": 12.43, "volume": 6631163, "typical_volume": 11635983.05, "trend": 12.992667, "fair_value": 15.7706, "relative_strength": -11.784799, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.680544, "energy": 12.254965, "activity_lines": [ 12.76, 12.831818, 12.587571, 12.799785 ] }, { "date": "2024-01-26", "close": 12.59, "volume": 7727844, "typical_volume": 11695085.35, "trend": 12.984, "fair_value": 15.749536, "relative_strength": -11.152393, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.298369, "energy": 19.617349, "activity_lines": [ 12.631333, 12.815273, 12.575762, 12.773806 ] }, { "date": "2024-02-02", "close": 12.71, "volume": 8069860, "typical_volume": 11511405.7, "trend": 12.992333, "fair_value": 15.729539, "relative_strength": -11.041972, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.030368, "energy": 20.661392, "activity_lines": [ 12.606, 12.803636, 12.581952, 12.756129 ] }, { "date": "2024-02-09", "close": 13.09, "volume": 5483250, "typical_volume": 11376347.0, "trend": 13.012333, "fair_value": 15.712288, "relative_strength": -9.261346, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.277226, "energy": 12.203858, "activity_lines": [ 12.766667, 12.846545, 12.630571, 12.76243 ] }, { "date": "2024-02-16", "close": 13.17, "volume": 4631563, "typical_volume": 9217068.65, "trend": 13.024333, "fair_value": 15.695779, "relative_strength": -8.009624, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -5.50285, "energy": 9.048889, "activity_lines": [ 12.93, 12.889455, 12.689571, 12.772602 ] }, { "date": "2024-02-23", "close": 12.93, "volume": 3848604, "typical_volume": 8635199.95, "trend": 13.011333, "fair_value": 15.677935, "relative_strength": -10.784246, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -10.361974, "energy": 12.20546, "activity_lines": [ 12.974, 12.881091, 12.730143, 12.766516 ] }, { "date": "2024-03-01", "close": 14.33, "volume": 16536186, "typical_volume": 9032079.55, "trend": 13.003, "fair_value": 15.669295, "relative_strength": -1.901309, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 43.397439, "energy": 43.381882, "activity_lines": [ 13.451333, 13.134364, 12.903667, 12.851591 ] }, { "date": "2024-03-08", "close": 14.3, "volume": 6605103, "typical_volume": 8817240.15, "trend": 12.999667, "fair_value": 15.651987, "relative_strength": -1.74943, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.517063, "energy": 53.697894, "activity_lines": [ 13.802667, 13.367818, 13.066857, 12.935269 ] }, { "date": "2024-03-15", "close": 14.27, "volume": 5103056, "typical_volume": 8542960.45, "trend": 13.013, "fair_value": 15.634487, "relative_strength": -1.793765, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.148313, "energy": 68.828979, "activity_lines": [ 14.038, 13.583091, 13.219048, 13.017226 ] }, { "date": "2024-03-22", "close": 15.09, "volume": 5115497, "typical_volume": 7443037.85, "trend": 13.055667, "fair_value": 15.628526, "relative_strength": 1.521782, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.305652, "energy": 79.185208, "activity_lines": [ 14.468, 13.919455, 13.435619, 13.151226 ] }, { "date": "2024-03-29", "close": 15.31, "volume": 4126962, "typical_volume": 7166644.9, "trend": 13.069, "fair_value": 15.618013, "relative_strength": 2.620083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.530628, "energy": 79.640089, "activity_lines": [ 14.843333, 14.250182, 13.654333, 13.296667 ] }, { "date": "2024-04-05", "close": 14.49, "volume": 7401477, "typical_volume": 7056491.4, "trend": 13.086333, "fair_value": 15.602628, "relative_strength": -2.038491, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.685123, "energy": 69.821945, "activity_lines": [ 14.786667, 14.379455, 13.774333, 13.388344 ] }, { "date": "2024-04-12", "close": 13.85, "volume": 5174150, "typical_volume": 7133885.1, "trend": 13.080667, "fair_value": 15.586474, "relative_strength": -4.974668, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.042904, "energy": 44.388325, "activity_lines": [ 14.506, 14.357818, 13.819905, 13.437613 ] }, { "date": "2024-04-19", "close": 13.21, "volume": 5099749, "typical_volume": 6966771.65, "trend": 13.065333, "fair_value": 15.559103, "relative_strength": -6.37094, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.710209, "energy": 21.811687, "activity_lines": [ 14.042, 14.199091, 13.795286, 13.445957 ] }, { "date": "2024-04-26", "close": 13.77, "volume": 6251351, "typical_volume": 6814824.85, "trend": 13.054333, "fair_value": 15.519295, "relative_strength": -4.771012, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.167382, "energy": 21.701633, "activity_lines": [ 13.835333, 14.14, 13.819619, 13.491419 ] }, { "date": "2024-05-03", "close": 14.13, "volume": 9406614, "typical_volume": 6497469.0, "trend": 13.097, "fair_value": 15.459679, "relative_strength": -2.674395, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.33434, "energy": 21.071807, "activity_lines": [ 13.836667, 14.135455, 13.873381, 13.560817 ] }, { "date": "2024-05-10", "close": 14.54, "volume": 5543621, "typical_volume": 6373567.65, "trend": 13.156333, "fair_value": 15.395577, "relative_strength": -1.662909, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.407042, "energy": 20.28402, "activity_lines": [ 14.053333, 14.183636, 13.962333, 13.653914 ] }, { "date": "2024-05-17", "close": 14.69, "volume": 5032811, "typical_volume": 6443332.15, "trend": 13.226333, "fair_value": 15.335, "relative_strength": -2.209217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.366764, "energy": 30.811023, "activity_lines": [ 14.316667, 14.255273, 14.06081, 13.75286 ] }, { "date": "2024-05-24", "close": 14.59, "volume": 3507838, "typical_volume": 6390700.45, "trend": 13.333, "fair_value": 15.265256, "relative_strength": -2.885557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.696763, "energy": 35.683717, "activity_lines": [ 14.490667, 14.301636, 14.144571, 13.840839 ] }, { "date": "2024-05-31", "close": 14.49, "volume": 3710367, "typical_volume": 6250353.3, "trend": 13.444667, "fair_value": 15.201538, "relative_strength": -3.206619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.552459, "energy": 47.122618, "activity_lines": [ 14.539333, 14.324, 14.209952, 13.915484 ] }, { "date": "2024-06-07", "close": 13.2, "volume": 4203156, "typical_volume": 6128952.95, "trend": 13.518667, "fair_value": 15.137756, "relative_strength": -12.842754, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 7.354362, "energy": 8.618764, "activity_lines": [ 14.11, 14.122727, 14.143381, 13.899699 ] }, { "date": "2024-06-14", "close": 13.18, "volume": 3299196, "typical_volume": 5907520.55, "trend": 13.569333, "fair_value": 15.070449, "relative_strength": -14.264209, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.112833, "energy": 9.514631, "activity_lines": [ 13.736, 13.956182, 14.071238, 13.877849 ] }, { "date": "2024-06-21", "close": 13.26, "volume": 4024933, "typical_volume": 5705274.2, "trend": 13.614333, "fair_value": 14.996923, "relative_strength": -14.137381, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.584145, "energy": 25.533663, "activity_lines": [ 13.479333, 13.828, 14.003905, 13.857892 ] }, { "date": "2024-06-28", "close": 12.3, "volume": 9965637, "typical_volume": 5929393.55, "trend": 13.614667, "fair_value": 14.911667, "relative_strength": -19.942383, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.064511, "energy": 48.860878, "activity_lines": [ 12.998, 13.536, 13.842524, 13.773097 ] }, { "date": "2024-07-05", "close": 12.07, "volume": 4304771, "typical_volume": 5913053.95, "trend": 13.592, "fair_value": 14.833269, "relative_strength": -22.543358, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.460106, "energy": 68.297613, "activity_lines": [ 12.592667, 13.218727, 13.663, 13.673441 ] }, { "date": "2024-07-12", "close": 13.22, "volume": 7875797, "typical_volume": 6114413.6, "trend": 13.588667, "fair_value": 14.773141, "relative_strength": -15.709543, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.99939, "energy": 57.371744, "activity_lines": [ 12.732, 13.141455, 13.598238, 13.649441 ] }, { "date": "2024-07-19", "close": 12.04, "volume": 10100189, "typical_volume": 5792613.75, "trend": 13.538667, "fair_value": 14.695256, "relative_strength": -21.327891, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.413519, "energy": 60.457818, "activity_lines": [ 12.476667, 12.866182, 13.419714, 13.549527 ] }, { "date": "2024-07-26", "close": 13.46, "volume": 6900718, "typical_volume": 5807394.5, "trend": 13.534, "fair_value": 14.627115, "relative_strength": -11.017219, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.069657, "energy": 28.00796, "activity_lines": [ 12.770667, 12.894545, 13.387333, 13.544452 ] }, { "date": "2024-08-02", "close": 14.1, "volume": 16641377, "typical_volume": 6384310.55, "trend": 13.579667, "fair_value": 14.57141, "relative_strength": -4.328565, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.733907, "energy": 6.862788, "activity_lines": [ 13.264667, 13.061636, 13.419905, 13.580968 ] }, { "date": "2024-08-09", "close": 14.05, "volume": 7389218, "typical_volume": 6497996.6, "trend": 13.628667, "fair_value": 14.516987, "relative_strength": -4.257438, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.201306, "energy": 14.355765, "activity_lines": [ 13.622, 13.228545, 13.448524, 13.611312 ] }, { "date": "2024-08-16", "close": 14.05, "volume": 6603630, "typical_volume": 6621830.0, "trend": 13.682667, "fair_value": 14.476346, "relative_strength": -7.495675, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.241756, "energy": 18.107761, "activity_lines": [ 13.847333, 13.403455, 13.482095, 13.638495 ] }, { "date": "2024-08-23", "close": 15.01, "volume": 4129030, "typical_volume": 6458207.65, "trend": 13.763333, "fair_value": 14.435449, "relative_strength": -2.197897, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.414826, "energy": 32.066475, "activity_lines": [ 14.337333, 13.737455, 13.613095, 13.724129 ] }, { "date": "2024-08-30", "close": 14.84, "volume": 4974346, "typical_volume": 6448217.45, "trend": 13.834333, "fair_value": 14.3925, "relative_strength": -3.081062, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.42386, "energy": 42.092793, "activity_lines": [ 14.572667, 14.007273, 13.725429, 13.793591 ] }, { "date": "2024-09-06", "close": 13.95, "volume": 5161637, "typical_volume": 6451311.85, "trend": 13.863, "fair_value": 14.348013, "relative_strength": -4.557598, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.188758, "energy": 35.929142, "activity_lines": [ 14.419333, 14.086545, 13.748286, 13.801054 ] }, { "date": "2024-09-13", "close": 13.56, "volume": 13574101, "typical_volume": 6817449.35, "trend": 13.876, "fair_value": 14.297821, "relative_strength": -10.300783, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.807561, "energy": 15.271198, "activity_lines": [ 14.146, 14.064909, 13.730476, 13.781505 ] }, { "date": "2024-09-20", "close": 14.75, "volume": 16677832, "typical_volume": 7181010.25, "trend": 13.936667, "fair_value": 14.247244, "relative_strength": -3.366568, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.745753, "energy": 15.390792, "activity_lines": [ 14.302, 14.232545, 13.827, 13.837892 ] }, { "date": "2024-09-27", "close": 15.26, "volume": 6970824, "typical_volume": 7252370.4, "trend": 13.967667, "fair_value": 14.206282, "relative_strength": -0.107486, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.887178, "energy": 22.527473, "activity_lines": [ 14.581333, 14.465091, 13.969143, 13.923269 ] }, { "date": "2024-10-04", "close": 14.79, "volume": 6731573, "typical_volume": 7337308.5, "trend": 13.984, "fair_value": 14.159167, "relative_strength": -3.12503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 26.292993, "energy": 21.548994, "activity_lines": [ 14.687333, 14.553636, 14.063095, 13.976323 ] }, { "date": "2024-10-11", "close": 14.76, "volume": 6098808, "typical_volume": 7466857.0, "trend": 14.000333, "fair_value": 14.107115, "relative_strength": -4.110648, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.000231, "energy": 45.220157, "activity_lines": [ 14.786667, 14.612545, 14.153714, 14.026387 ] }, { "date": "2024-10-18", "close": 15.67, "volume": 5892018, "typical_volume": 7575939.55, "trend": 14.019667, "fair_value": 14.053974, "relative_strength": 1.184609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.910723, "energy": 60.235113, "activity_lines": [ 15.135333, 14.824909, 14.33019, 14.134108 ] }, { "date": "2024-10-25", "close": 14.83, "volume": 6214666, "typical_volume": 7676515.05, "trend": 14.003667, "fair_value": 14.000385, "relative_strength": -3.145888, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.414569, "energy": 47.006612, "activity_lines": [ 15.063333, 14.855091, 14.421048, 14.186387 ] }, { "date": "2024-11-01", "close": 16.15, "volume": 18218542, "typical_volume": 8422482.35, "trend": 14.059, "fair_value": 13.9475, "relative_strength": 6.773509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.651655, "energy": 62.289343, "activity_lines": [ 15.426, 15.111091, 14.629857, 14.32486 ] }, { "date": "2024-11-08", "close": 16.05, "volume": 12166775, "typical_volume": 8829574.45, "trend": 14.132333, "fair_value": 13.886987, "relative_strength": 1.180704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.839568, "energy": 66.210179, "activity_lines": [ 15.696, 15.328182, 14.815, 14.453312 ] }, { "date": "2024-11-15", "close": 16.06, "volume": 11618936, "typical_volume": 8912239.4, "trend": 14.227333, "fair_value": 13.815321, "relative_strength": 3.303928, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.806082, "energy": 60.537125, "activity_lines": [ 15.885333, 15.525091, 14.98781, 14.577677 ] }, { "date": "2024-11-22", "close": 16.06, "volume": 10745239, "typical_volume": 9234262.8, "trend": 14.303667, "fair_value": 13.757372, "relative_strength": 1.577346, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.021507, "energy": 65.135531, "activity_lines": [ 15.988, 15.683636, 15.142714, 14.695914 ] }, { "date": "2024-11-29", "close": 16.16, "volume": 8947982, "typical_volume": 9287872.05, "trend": 14.371333, "fair_value": 13.704038, "relative_strength": 1.038583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.633606, "energy": 56.05246, "activity_lines": [ 16.098, 15.814909, 15.288143, 14.815677 ] }, { "date": "2024-12-06", "close": 16.05, "volume": 7777997, "typical_volume": 9171762.45, "trend": 14.421667, "fair_value": 13.644295, "relative_strength": -0.396764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.008285, "energy": 44.39647, "activity_lines": [ 16.082667, 15.900545, 15.409095, 14.923978 ] }, { "date": "2024-12-13", "close": 16.25, "volume": 8699053, "typical_volume": 9261679.2, "trend": 14.473667, "fair_value": 13.592885, "relative_strength": 1.574537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.954158, "energy": 43.563744, "activity_lines": [ 16.140667, 16.008182, 15.53, 15.041935 ] }, { "date": "2024-12-20", "close": 15.44, "volume": 16096246, "typical_volume": 9234422.65, "trend": 14.502, "fair_value": 13.534423, "relative_strength": -1.481145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.521707, "energy": 31.596233, "activity_lines": [ 15.915333, 15.942, 15.560476, 15.10428 ] }, { "date": "2024-12-27", "close": 15.44, "volume": 4280447, "typical_volume": 9078984.1, "trend": 14.533667, "fair_value": 13.465256, "relative_strength": -1.904626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.963544, "energy": 23.647937, "activity_lines": [ 15.731333, 15.863455, 15.584571, 15.164796 ] }, { "date": "2025-01-03", "close": 15.2, "volume": 4882119, "typical_volume": 8992908.55, "trend": 14.600333, "fair_value": 13.420641, "relative_strength": -2.797626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.651663, "energy": 18.937575, "activity_lines": [ 15.508667, 15.745455, 15.57919, 15.207785 ] }, { "date": "2025-01-10", "close": 14.35, "volume": 6200296, "typical_volume": 9096471.85, "trend": 14.639333, "fair_value": 13.370641, "relative_strength": -6.2846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.769644, "energy": 18.793553, "activity_lines": [ 15.066667, 15.466182, 15.487381, 15.191634 ] }, { "date": "2025-01-17", "close": 15.1, "volume": 8033735, "typical_volume": 9249441.3, "trend": 14.700667, "fair_value": 13.331987, "relative_strength": -4.149003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.401497, "energy": 19.40583, "activity_lines": [ 14.988, 15.356, 15.470143, 15.221355 ] }, { "date": "2025-01-24", "close": 15.08, "volume": 5559080, "typical_volume": 9269313.45, "trend": 14.793333, "fair_value": 13.309231, "relative_strength": -5.818577, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.784037, "energy": 18.649526, "activity_lines": [ 14.979333, 15.259455, 15.449762, 15.245828 ] }, { "date": "2025-01-31", "close": 15.06, "volume": 7101760, "typical_volume": 8945696.4, "trend": 14.893, "fair_value": 13.281987, "relative_strength": -4.911781, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.715366, "energy": 18.133324, "activity_lines": [ 14.988, 15.177091, 15.422095, 15.263032 ] }, { "date": "2025-02-07", "close": 14.16, "volume": 7740685, "typical_volume": 8498839.05, "trend": 14.924333, "fair_value": 13.258846, "relative_strength": -10.249048, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.642578, "energy": 41.647842, "activity_lines": [ 14.722, 14.949273, 15.301571, 15.215742 ] }, { "date": "2025-02-14", "close": 14.5, "volume": 9210539, "typical_volume": 8610824.8, "trend": 15.006333, "fair_value": 13.23891, "relative_strength": -9.245955, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.768025, "energy": 36.497616, "activity_lines": [ 14.638667, 14.819636, 15.216238, 15.188366 ] }, { "date": "2025-02-21", "close": 14.25, "volume": 6961872, "typical_volume": 8622339.75, "trend": 15.032667, "fair_value": 13.216282, "relative_strength": -9.22421, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.578248, "energy": 49.056869, "activity_lines": [ 14.462, 14.672727, 15.110714, 15.13957 ] }, { "date": "2025-02-28", "close": 14.49, "volume": 13294255, "typical_volume": 8982112.1, "trend": 15.045667, "fair_value": 13.202436, "relative_strength": -6.531716, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.33434, "energy": 44.467099, "activity_lines": [ 14.422, 14.605818, 15.030619, 15.104559 ] }, { "date": "2025-03-07", "close": 15.0, "volume": 12989392, "typical_volume": 9336980.8, "trend": 15.077333, "fair_value": 13.190897, "relative_strength": -0.007744, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.926906, "energy": 21.8048, "activity_lines": [ 14.591333, 14.648909, 15.000381, 15.101613 ] }, { "date": "2025-03-14", "close": 14.16, "volume": 8050775, "typical_volume": 9428786.25, "trend": 15.081, "fair_value": 13.169103, "relative_strength": -3.186922, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.45906, "energy": 35.43281, "activity_lines": [ 14.484667, 14.547273, 14.893333, 15.04243 ] }, { "date": "2025-03-21", "close": 13.99, "volume": 6506308, "typical_volume": 8843174.55, "trend": 15.047, "fair_value": 13.154231, "relative_strength": -4.515801, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.861383, "energy": 37.343979, "activity_lines": [ 14.321333, 14.433636, 14.773286, 14.972043 ] }, { "date": "2025-03-28", "close": 13.74, "volume": 6912286, "typical_volume": 8580450.1, "trend": 15.010333, "fair_value": 13.134359, "relative_strength": -4.47047, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.236994, "energy": 42.552193, "activity_lines": [ 14.108667, 14.281091, 14.639714, 14.88772 ] }, { "date": "2025-04-04", "close": 12.2, "volume": 18028924, "typical_volume": 8900949.5, "trend": 14.952, "fair_value": 13.105705, "relative_strength": -6.43101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.063555, "energy": 76.605482, "activity_lines": [ 13.416667, 13.873273, 14.370476, 14.706409 ] }, { "date": "2025-04-11", "close": 12.04, "volume": 12915850, "typical_volume": 9009480.05, "trend": 14.901333, "fair_value": 13.074936, "relative_strength": -12.294026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.564419, "energy": 83.188538, "activity_lines": [ 12.824, 13.488727, 14.104381, 14.518538 ] }, { "date": "2025-04-18", "close": 12.0, "volume": 5408255, "typical_volume": 8832493.7, "trend": 14.809667, "fair_value": 13.048205, "relative_strength": -11.054171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.396796, "energy": 85.796792, "activity_lines": [ 12.415333, 13.151818, 13.853619, 14.331355 ] }, { "date": "2025-04-25", "close": 12.89, "volume": 8463791, "typical_volume": 8866783.4, "trend": 14.730667, "fair_value": 13.02891, "relative_strength": -8.384705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.373643, "energy": 76.249948, "activity_lines": [ 12.447333, 13.016, 13.707429, 14.207505 ] }, { "date": "2025-05-02", "close": 14.04, "volume": 12983656, "typical_volume": 9081013.55, "trend": 14.705667, "fair_value": 13.027308, "relative_strength": -2.814232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.951155, "energy": 44.411201, "activity_lines": [ 12.936, 13.118545, 13.68581, 14.162946 ] }, { "date": "2025-05-09", "close": 14.18, "volume": 8160703, "typical_volume": 8684236.4, "trend": 14.686333, "fair_value": 13.023654, "relative_strength": -1.189851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.839166, "energy": 22.941055, "activity_lines": [ 13.451333, 13.250364, 13.688048, 14.129032 ] }, { "date": "2025-05-16", "close": 14.49, "volume": 9112000, "typical_volume": 8925814.05, "trend": 14.647, "fair_value": 13.024808, "relative_strength": -3.833717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.290242, "energy": 20.99047, "activity_lines": [ 13.938, 13.444182, 13.72581, 14.116366 ] }, { "date": "2025-05-23", "close": 13.61, "volume": 5654997, "typical_volume": 8964457.95, "trend": 14.606333, "fair_value": 13.012308, "relative_strength": -7.009707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.547704, "energy": 23.105271, "activity_lines": [ 13.968, 13.487273, 13.684286, 14.049462 ] }, { "date": "2025-05-30", "close": 13.95, "volume": 5650743, "typical_volume": 8936980.3, "trend": 14.533, "fair_value": 12.998782, "relative_strength": -6.051978, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.613319, "energy": 19.666756, "activity_lines": [ 14.004, 13.602182, 13.682714, 14.007118 ] }, { "date": "2025-06-06", "close": 14.03, "volume": 7147873, "typical_volume": 8892687.2, "trend": 14.465667, "fair_value": 12.989038, "relative_strength": -6.936059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.767572, "energy": 12.036377, "activity_lines": [ 13.996, 13.732364, 13.690667, 13.974667 ] }, { "date": "2025-06-13", "close": 13.66, "volume": 6547131, "typical_volume": 8942089.75, "trend": 14.385667, "fair_value": 12.988141, "relative_strength": -8.946581, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.888307, "energy": 7.564371, "activity_lines": [ 13.865333, 13.79, 13.668476, 13.922688 ] }, { "date": "2025-06-20", "close": 13.4, "volume": 7714079, "typical_volume": 8972705.7, "trend": 14.297, "fair_value": 12.975064, "relative_strength": -10.391948, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.543634, "energy": 15.570389, "activity_lines": [ 13.682667, 13.773818, 13.628286, 13.859097 ] }, { "date": "2025-06-27", "close": 13.81, "volume": 11886970, "typical_volume": 9180019.95, "trend": 14.218667, "fair_value": 12.970641, "relative_strength": -10.719622, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.982538, "energy": 14.175554, "activity_lines": [ 13.709333, 13.807455, 13.635048, 13.827677 ] }, { "date": "2025-07-04", "close": 14.2, "volume": 7138973, "typical_volume": 9076441.65, "trend": 14.157, "fair_value": 12.970321, "relative_strength": -9.776048, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.906578, "energy": 9.18607, "activity_lines": [ 13.852667, 13.879091, 13.680619, 13.826473 ] }, { "date": "2025-07-11", "close": 14.92, "volume": 10531107, "typical_volume": 9254903.4, "trend": 14.112667, "fair_value": 12.976538, "relative_strength": -4.94159, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.830409, "energy": 28.554315, "activity_lines": [ 14.219333, 14.057818, 13.79619, 13.875699 ] }, { "date": "2025-07-18", "close": 14.67, "volume": 7981407, "typical_volume": 8989261.0, "trend": 14.087, "fair_value": 12.983782, "relative_strength": -7.20724, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.229354, "energy": 37.717273, "activity_lines": [ 14.443333, 14.175091, 13.884762, 13.911656 ] }, { "date": "2025-07-25", "close": 15.1, "volume": 7565920, "typical_volume": 8718087.4, "trend": 14.075667, "fair_value": 13.005769, "relative_strength": -5.819034, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.087972, "energy": 56.114244, "activity_lines": [ 14.743333, 14.361636, 14.013429, 13.977011 ] }, { "date": "2025-08-01", "close": 15.17, "volume": 19245525, "typical_volume": 9277824.9, "trend": 14.074667, "fair_value": 13.028846, "relative_strength": -2.864569, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.503467, "energy": 61.466697, "activity_lines": [ 14.953333, 14.549818, 14.148286, 14.047613 ] }, { "date": "2025-08-08", "close": 15.18, "volume": 15048400, "typical_volume": 9704929.5, "trend": 14.102333, "fair_value": 13.048077, "relative_strength": -4.950463, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.3164, "energy": 68.366423, "activity_lines": [ 15.076, 14.711455, 14.279286, 14.118925 ] }, { "date": "2025-08-15", "close": 15.89, "volume": 14690522, "typical_volume": 10093841.3, "trend": 14.128667, "fair_value": 13.074615, "relative_strength": -1.399679, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.812085, "energy": 74.740799, "activity_lines": [ 15.37, 14.979818, 14.472238, 14.234258 ] }, { "date": "2025-08-22", "close": 16.56, "volume": 11558373, "typical_volume": 9770313.75, "trend": 14.178, "fair_value": 13.110256, "relative_strength": 2.568041, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.996178, "energy": 82.088307, "activity_lines": [ 15.822667, 15.336182, 14.718762, 14.391118 ] }, { "date": "2025-08-29", "close": 16.08, "volume": 9585089, "typical_volume": 9603775.7, "trend": 14.212, "fair_value": 13.1475, "relative_strength": -0.232461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.981651, "energy": 75.827614, "activity_lines": [ 15.989333, 15.552545, 14.89881, 14.513828 ] }, { "date": "2025-09-05", "close": 16.26, "volume": 8835032, "typical_volume": 9775114.55, "trend": 14.282, "fair_value": 13.178782, "relative_strength": 0.621577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.639057, "energy": 75.762877, "activity_lines": [ 16.150667, 15.752909, 15.076762, 14.645957 ] }, { "date": "2025-09-12", "close": 15.59, "volume": 9383895, "typical_volume": 9821119.75, "trend": 14.318333, "fair_value": 13.214103, "relative_strength": -4.964827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.588728, "energy": 58.845602, "activity_lines": [ 16.016, 15.786909, 15.170619, 14.730344 ] }, { "date": "2025-09-19", "close": 14.92, "volume": 27089036, "typical_volume": 10526388.75, "trend": 14.340667, "fair_value": 13.250641, "relative_strength": -9.896373, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.427039, "energy": 32.757733, "activity_lines": [ 15.630667, 15.673818, 15.18781, 14.769161 ] }, { "date": "2025-09-26", "close": 14.85, "volume": 9975414, "typical_volume": 10617124.3, "trend": 14.352667, "fair_value": 13.288974, "relative_strength": -9.745161, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.980346, "energy": 21.546957, "activity_lines": [ 15.286667, 15.548, 15.194143, 14.802022 ] }, { "date": "2025-10-03", "close": 15.44, "volume": 7794701, "typical_volume": 10551259.35, "trend": 14.367333, "fair_value": 13.330321, "relative_strength": -6.975864, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.909348, "energy": 23.733551, "activity_lines": [ 15.253333, 15.526182, 15.253476, 14.872172 ] }, { "date": "2025-10-10", "close": 14.83, "volume": 7590982, "typical_volume": 10648058.6, "trend": 14.389667, "fair_value": 13.369423, "relative_strength": -8.217721, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.634025, "energy": 22.247421, "activity_lines": [ 15.059333, 15.387273, 15.25019, 14.902022 ] }, { "date": "2025-10-17", "close": 15.22, "volume": 5497860, "typical_volume": 10640414.45, "trend": 14.430667, "fair_value": 13.413333, "relative_strength": -7.11128, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.038859, "energy": 17.676426, "activity_lines": [ 15.090667, 15.325455, 15.278238, 14.955591 ] }, { "date": "2025-10-24", "close": 15.57, "volume": 8692089, "typical_volume": 10717625.25, "trend": 14.491667, "fair_value": 13.453462, "relative_strength": -6.566013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.23584, "energy": 13.632173, "activity_lines": [ 15.263333, 15.326545, 15.333571, 15.029097 ] }, { "date": "2025-10-31", "close": 16.97, "volume": 18553274, "typical_volume": 11317932.4, "trend": 14.650667, "fair_value": 13.504679, "relative_strength": 1.413812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.5366, "energy": 39.369154, "activity_lines": [ 15.859333, 15.588, 15.514905, 15.188989 ] }, { "date": "2025-11-07", "close": 15.89, "volume": 12653745, "typical_volume": 11564915.7, "trend": 14.779, "fair_value": 13.537692, "relative_strength": -3.207262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.440313, "energy": 40.278429, "activity_lines": [ 15.954, 15.645636, 15.577619, 15.268946 ] }, { "date": "2025-11-14", "close": 15.53, "volume": 6409137, "typical_volume": 11291024.05, "trend": 14.896667, "fair_value": 13.576026, "relative_strength": -5.189759, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.325435, "energy": 39.674309, "activity_lines": [ 15.898667, 15.641273, 15.59419, 15.317398 ] }, { "date": "2025-11-21", "close": 15.55, "volume": 7996370, "typical_volume": 11333893.9, "trend": 14.985333, "fair_value": 13.613013, "relative_strength": -2.926113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.960803, "energy": 35.149943, "activity_lines": [ 15.803333, 15.653818, 15.604476, 15.359548 ] }, { "date": "2025-11-28", "close": 16.45, "volume": 7275748, "typical_volume": 11171125.95, "trend": 15.065667, "fair_value": 13.657564, "relative_strength": -0.726886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.255371, "energy": 30.473132, "activity_lines": [ 15.986, 15.830727, 15.694048, 15.454043 ] }, { "date": "2025-12-05", "close": 16.09, "volume": 5285143, "typical_volume": 11036312.75, "trend": 15.129333, "fair_value": 13.702949, "relative_strength": -2.974223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.18579, "energy": 26.783394, "activity_lines": [ 15.99, 15.914364, 15.742048, 15.520129 ] }, { "date": "2025-12-12", "close": 16.01, "volume": 7302523, "typical_volume": 11023142.9, "trend": 15.18, "fair_value": 13.746923, "relative_strength": -2.610726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.045307, "energy": 26.717057, "activity_lines": [ 16.026, 15.960909, 15.775667, 15.576946 ] }, { "date": "2025-12-19", "close": 15.99, "volume": 9840362, "typical_volume": 10552884.75, "trend": 15.259333, "fair_value": 13.789295, "relative_strength": -2.622827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.623826, "energy": 28.085845, "activity_lines": [ 16.047333, 15.993455, 15.803048, 15.629204 ] }, { "date": "2025-12-26", "close": 15.94, "volume": 3425234, "typical_volume": 9971726.45, "trend": 15.325667, "fair_value": 13.831218, "relative_strength": -4.052356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.350192, "energy": 23.231097, "activity_lines": [ 16.021333, 15.995818, 15.821762, 15.673118 ] }, { "date": "2026-01-02", "close": 15.77, "volume": 5049915, "typical_volume": 9489696.1, "trend": 15.383667, "fair_value": 13.860385, "relative_strength": -3.861161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.73324, "energy": 15.914964, "activity_lines": [ 15.912667, 15.954182, 15.820667, 15.701785 ] }, { "date": "2026-01-09", "close": 16.45, "volume": 7216727, "typical_volume": 9272613.8, "trend": 15.476667, "fair_value": 13.886795, "relative_strength": -1.186972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.582232, "energy": 24.901153, "activity_lines": [ 16.076, 16.032545, 15.884905, 15.770581 ] }, { "date": "2026-01-16", "close": 16.85, "volume": 7484887, "typical_volume": 9167603.7, "trend": 15.591667, "fair_value": 13.911795, "relative_strength": 1.666491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.301045, "energy": 36.820394, "activity_lines": [ 16.348667, 16.193091, 15.987762, 15.859183 ] }, { "date": "2026-01-23", "close": 16.49, "volume": 7042824, "typical_volume": 9077993.3, "trend": 15.681, "fair_value": 13.933397, "relative_strength": -0.061066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.185785, "energy": 40.808768, "activity_lines": [ 16.445333, 16.270727, 16.052667, 15.91714 ] }, { "date": "2026-01-30", "close": 16.14, "volume": 6787248, "typical_volume": 8948160.95, "trend": 15.745667, "fair_value": 13.946795, "relative_strength": -2.413413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.878409, "energy": 45.111941, "activity_lines": [ 16.392, 16.267273, 16.083143, 15.946753 ] }, { "date": "2026-02-06", "close": 16.71, "volume": 11896705, "typical_volume": 8188544.4, "trend": 15.805333, "fair_value": 13.970705, "relative_strength": 1.201956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.137052, "energy": 48.134311, "activity_lines": [ 16.515333, 16.356727, 16.165286, 16.008968 ] }, { "date": "2026-02-13", "close": 16.71, "volume": 7481083, "typical_volume": 8063827.85, "trend": 15.873333, "fair_value": 13.993782, "relative_strength": 2.481579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.614428, "energy": 41.336938, "activity_lines": [ 16.576, 16.441455, 16.238905, 16.067333 ] }, { "date": "2026-02-20", "close": 16.27, "volume": 6576343, "typical_volume": 8002909.95, "trend": 15.912333, "fair_value": 14.018269, "relative_strength": -1.294237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.11645, "energy": 27.510931, "activity_lines": [ 16.472667, 16.434909, 16.261762, 16.092925 ] }, { "date": "2026-02-27", "close": 16.0, "volume": 18304653, "typical_volume": 8538593.5, "trend": 15.94, "fair_value": 14.042308, "relative_strength": -2.339595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.094381, "energy": 17.780016, "activity_lines": [ 16.318, 16.374545, 16.254952, 16.098581 ] }, { "date": "2026-03-06", "close": 14.87, "volume": 13207893, "typical_volume": 8924095.15, "trend": 15.929667, "fair_value": 14.064359, "relative_strength": -7.082838, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.924101, "energy": 21.221565, "activity_lines": [ 15.819333, 16.108545, 16.134952, 16.029548 ] }, { "date": "2026-03-13", "close": 14.25, "volume": 8262283, "typical_volume": 8902604.85, "trend": 15.875, "fair_value": 14.082821, "relative_strength": -9.311882, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.288347, "energy": 47.331059, "activity_lines": [ 15.198667, 15.749273, 15.957571, 15.921183 ] }, { "date": "2026-03-20", "close": 13.64, "volume": 10169078, "typical_volume": 8483395.05, "trend": 15.777667, "fair_value": 14.100064, "relative_strength": -11.311561, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -81.984209, "energy": 81.50096, "activity_lines": [ 14.538667, 15.306727, 15.728381, 15.776989 ] }, { "date": "2026-03-27", "close": 13.23, "volume": 9646195, "typical_volume": 8333017.55, "trend": 15.682667, "fair_value": 14.109744, "relative_strength": -11.716146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.017986, "energy": 87.709023, "activity_lines": [ 13.946667, 14.840727, 15.476, 15.612624 ] }, { "date": "2026-04-03", "close": 13.38, "volume": 8312093, "typical_volume": 8428165.35, "trend": 15.586667, "fair_value": 14.124487, "relative_strength": -13.391551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.226317, "energy": 86.597475, "activity_lines": [ 13.607333, 14.467818, 15.250571, 15.464065 ] }, { "date": "2026-04-10", "close": 14.38, "volume": 7843273, "typical_volume": 8420510.5, "trend": 15.546333, "fair_value": 14.145962, "relative_strength": -10.034967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.917798, "energy": 77.865084, "activity_lines": [ 13.776, 14.333273, 15.130619, 15.386215 ] }, { "date": "2026-04-17", "close": 15.27, "volume": 10564975, "typical_volume": 8584971.85, "trend": 15.558, "fair_value": 14.169295, "relative_strength": -8.477876, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.690878, "energy": 44.812541, "activity_lines": [ 14.274, 14.392545, 15.101, 15.368387 ] }, { "date": "2026-04-24", "close": 15.36, "volume": 11092685, "typical_volume": 8875348.95, "trend": 15.575, "fair_value": 14.190577, "relative_strength": -8.266029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.348529, "energy": 22.753191, "activity_lines": [ 14.734, 14.494364, 15.085571, 15.355613 ] }, { "date": "2026-05-01", "close": 15.05, "volume": 20067321, "typical_volume": 9513588.85, "trend": 15.562, "fair_value": 14.207628, "relative_strength": -10.648622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.134432, "energy": 24.905552, "activity_lines": [ 14.976, 14.564364, 15.044095, 15.321742 ] }, { "date": "2026-05-08", "close": 14.58, "volume": 14397660, "typical_volume": 9741453.75, "trend": 15.553667, "fair_value": 14.227564, "relative_strength": -15.035575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.095729, "energy": 24.033307, "activity_lines": [ 14.94, 14.571091, 14.962429, 15.258387 ] }, { "date": "2026-05-15", "close": 13.62, "volume": 18656758, "typical_volume": 10503029.95, "trend": 15.500333, "fair_value": 14.239295, "relative_strength": -20.385753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.288554, "energy": 26.223156, "activity_lines": [ 14.504, 14.429091, 14.796048, 15.133634 ] }, { "date": "2026-05-22", "close": 13.85, "volume": 13755608, "typical_volume": 10938314.6, "trend": 15.443, "fair_value": 14.255449, "relative_strength": -19.395764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.015836, "energy": 36.812999, "activity_lines": [ 14.195333, 14.351636, 14.662619, 15.027161 ] }, { "date": "2026-05-29", "close": 14.11, "volume": 8412203, "typical_volume": 10998088.4, "trend": 15.347667, "fair_value": 14.273013, "relative_strength": -18.700561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.574108, "energy": 46.850808, "activity_lines": [ 14.068, 14.328727, 14.563095, 14.941161 ] }, { "date": "2026-06-05", "close": 14.07, "volume": 9915063, "typical_volume": 11119597.2, "trend": 15.287, "fair_value": 14.2925, "relative_strength": -16.527845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.493427, "energy": 51.867146, "activity_lines": [ 14.010667, 14.29, 14.470905, 14.858731 ] }, { "date": "2026-06-12", "close": 14.61, "volume": 10968459, "typical_volume": 11315878.95, "trend": 15.256333, "fair_value": 14.312885, "relative_strength": -13.564305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.269714, "energy": 31.562679, "activity_lines": [ 14.198667, 14.334182, 14.443381, 14.815054 ] }, { "date": "2026-06-19", "close": 15.0, "volume": 11686188, "typical_volume": 11560825.95, "trend": 15.238, "fair_value": 14.334936, "relative_strength": -11.873084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.267688, "energy": 13.104807, "activity_lines": [ 14.514667, 14.426909, 14.461952, 14.798516 ] }, { "date": "2026-06-26", "close": 16.49, "volume": 12604739, "typical_volume": 11596227.65, "trend": 15.239333, "fair_value": 14.358269, "relative_strength": -0.752975, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.580621, "energy": 22.7717, "activity_lines": [ 15.235333, 14.779273, 14.627857, 14.87929 ] }, { "date": "2026-07-03", "close": 16.97, "volume": 15437678, "typical_volume": 11994057.4, "trend": 15.268667, "fair_value": 14.387179, "relative_strength": -0.014784, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.689142, "energy": 49.719929, "activity_lines": [ 15.94, 15.196727, 14.840524, 14.990946 ] }, { "date": "2026-07-10", "close": 15.92, "volume": 12681935, "typical_volume": 12299337.0, "trend": 15.265667, "fair_value": 14.409167, "relative_strength": -7.221982, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.977382, "energy": 53.430277, "activity_lines": [ 16.104, 15.394, 14.951952, 15.032968 ] }, { "date": "2026-07-17", "close": 14.36, "volume": 17266454, "typical_volume": 12247427.05, "trend": 15.211333, "fair_value": 14.419103, "relative_strength": -14.689086, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.015763, "energy": 34.45208, "activity_lines": [ 15.624667, 15.291818, 14.916476, 14.974538 ] }, { "date": "2026-07-24", "close": 14.43, "volume": 13038978, "typical_volume": 12238981.3, "trend": 15.161, "fair_value": 14.426218, "relative_strength": -13.441416, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -10.858895, "energy": 11.259461, "activity_lines": [ 15.185333, 15.206364, 14.895476, 14.924129 ] }, { "date": "2026-07-31", "close": 15.13, "volume": 19418902, "typical_volume": 12796812.25, "trend": 15.139667, "fair_value": 14.429744, "relative_strength": -9.887315, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.351866, "energy": 8.379035, "activity_lines": [ 15.017333, 15.233455, 14.943238, 14.922129 ] }, { "date": "2026-08-07", "close": 15.82, "volume": 16509695, "typical_volume": 13113843.1, "trend": 15.118667, "fair_value": 14.438846, "relative_strength": -8.690432, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.6415, "energy": 13.030587, "activity_lines": [ 15.17, 15.362727, 15.052524, 14.966022 ] } ], "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." } } }