{ "ticker": { "uuid": "c48faa0d-14c6-4d7d-a651-61f0c40adc1a", "symbol": "VISTN", "name": "Vistin Pharma ASA", "exchange": "OSL", "country": "NO", "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": "OSEBX.OL", "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": 67.638, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -37.944, "architecture_energy": 45.911, "architecture_maturity": 6.499, "architecture_confidence": 64.191, "architecture_tenure": "New", "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": 21.86, "rotation_up": 21.75, "upward_expansion": 17.09, "deceleration": 45.94, "rotation_down": 60.29, "downward_expansion": 58.76 }, "activity_lines": [ 20.16, 20.292728, 20.59327, 20.675524 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 20.0, "trend_reference": 20.64497, "distance_from_trend": -0.031241, "trend_direction": "Improving", "fair_value": 20.928321, "distance_from_fair_value": -0.044357, "fair_value_direction": "Weakening", "relative_strength": -14.334829, "relative_strength_direction": "Weakening", "price_momentum": 0.03126, "excess_performance": -0.093734, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.031241, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.014108, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.044357, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.067209, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143348, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.005773, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.03126, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.172889, "read": "Supply-led" } ], "volume": { "latest": 48790, "relative_activity": 0.524478, "balance": 0.172889, "dry_up": 0.491694, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.030282, "annualized_volatility": 0.144295, "from_high_reference": -0.172546, "from_low_reference": 0.079102 }, "levels": { "trend_reference": 20.64497, "fair_value_reference": 20.928321, "structural_low": 19.107142, "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": 3, "median_return": -0.027778, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.028738, "regime_survival": 0.0, "best_return": 0.012821, "worst_return": -0.052174, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.074074, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.141199, "regime_survival": 0.0, "best_return": 0.025641, "worst_return": -0.113043, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.047826, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.219017, "regime_survival": 0.0, "best_return": 0.100319, "worst_return": -0.174074, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.141792, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.255657, "regime_survival": 0.0, "best_return": -0.061361, "worst_return": -0.222222, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.012821, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": 0.029787, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-05-30", "tenure": "Established", "return": 0.083333, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-08-29", "tenure": "Established", "return": -0.016529, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-12", "tenure": "New", "return": 0.017167, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-09-26", "tenure": "New", "return": -0.025316, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.03913, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-02-13", "tenure": "Established", "return": -0.027523, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": 0.014085, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.046296, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-05", "tenure": "Developing", "return": -0.038141, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.009756, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.019608, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.009901, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 18.815395, "volume": 42577, "typical_volume": 134396.0, "trend": 17.621505, "fair_value": 16.027669, "relative_strength": 19.546678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.940443, "energy": 31.745007, "activity_lines": [ 19.411639, 19.292493, 19.218784, 18.602375 ] }, { "date": "2023-08-25", "close": 17.718536, "volume": 358649, "typical_volume": 151020.85, "trend": 17.73541, "fair_value": 16.04624, "relative_strength": 12.470756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.429678, "energy": 7.330697, "activity_lines": [ 18.821021, 19.019428, 19.118339, 18.608635 ] }, { "date": "2023-09-01", "close": 19.237267, "volume": 258600, "typical_volume": 162974.6, "trend": 17.908376, "fair_value": 16.074546, "relative_strength": 18.063836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.226108, "energy": 13.536967, "activity_lines": [ 18.832271, 19.063916, 19.152491, 18.705529 ] }, { "date": "2023-09-08", "close": 18.562275, "volume": 135487, "typical_volume": 165937.05, "trend": 18.053218, "fair_value": 16.092703, "relative_strength": 12.991409, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.997368, "energy": 13.486389, "activity_lines": [ 18.680398, 18.964202, 19.106688, 18.747716 ] }, { "date": "2023-09-15", "close": 19.659136, "volume": 174126, "typical_volume": 163872.7, "trend": 18.202279, "fair_value": 16.12292, "relative_strength": 15.700352, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.307688, "energy": 13.430808, "activity_lines": [ 18.96727, 19.068519, 19.154901, 18.851324 ] }, { "date": "2023-09-22", "close": 19.912258, "volume": 226537, "typical_volume": 169950.95, "trend": 18.34009, "fair_value": 16.160581, "relative_strength": 16.30921, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.96227, "energy": 23.427437, "activity_lines": [ 19.338515, 19.212721, 19.221597, 18.961645 ] }, { "date": "2023-09-29", "close": 20.418503, "volume": 84156, "typical_volume": 163050.5, "trend": 18.469463, "fair_value": 16.201487, "relative_strength": 18.862744, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.959269, "energy": 43.598441, "activity_lines": [ 19.805385, 19.424423, 19.331283, 19.095736 ] }, { "date": "2023-10-06", "close": 19.743509, "volume": 59276, "typical_volume": 163673.5, "trend": 18.581962, "fair_value": 16.235685, "relative_strength": 17.497239, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.106436, "energy": 43.44921, "activity_lines": [ 19.867259, 19.490388, 19.371461, 19.177933 ] }, { "date": "2023-10-13", "close": 19.827887, "volume": 66279, "typical_volume": 164247.4, "trend": 18.733835, "fair_value": 16.273335, "relative_strength": 11.786856, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.06247, "energy": 43.024063, "activity_lines": [ 19.923509, 19.579365, 19.415256, 19.258315 ] }, { "date": "2023-10-20", "close": 19.827887, "volume": 126983, "typical_volume": 141080.1, "trend": 18.866021, "fair_value": 16.312308, "relative_strength": 14.22486, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.673478, "energy": 34.321057, "activity_lines": [ 19.895385, 19.665273, 19.455032, 19.328899 ] }, { "date": "2023-10-27", "close": 19.406013, "volume": 131670, "typical_volume": 138792.4, "trend": 18.992582, "fair_value": 16.352017, "relative_strength": 11.575179, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.466419, "energy": 20.185566, "activity_lines": [ 19.715386, 19.671409, 19.457844, 19.363737 ] }, { "date": "2023-11-03", "close": 19.237267, "volume": 148802, "typical_volume": 138325.95, "trend": 19.113518, "fair_value": 16.388263, "relative_strength": 7.994494, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.788445, "energy": 11.309709, "activity_lines": [ 19.512889, 19.636126, 19.449407, 19.379523 ] }, { "date": "2023-11-10", "close": 18.64665, "volume": 73981, "typical_volume": 136040.25, "trend": 19.203517, "fair_value": 16.418605, "relative_strength": 4.166131, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.655081, "energy": 7.177851, "activity_lines": [ 19.192268, 19.465844, 19.388336, 19.349403 ] }, { "date": "2023-11-17", "close": 18.562275, "volume": 81569, "typical_volume": 133214.7, "trend": 19.276641, "fair_value": 16.447348, "relative_strength": 2.046193, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.767469, "energy": 15.330435, "activity_lines": [ 18.916646, 19.29096, 19.316418, 19.308032 ] }, { "date": "2023-11-24", "close": 18.393526, "volume": 106540, "typical_volume": 121615.8, "trend": 19.273829, "fair_value": 16.472628, "relative_strength": -0.940513, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.828425, "energy": 38.832482, "activity_lines": [ 18.669148, 19.085394, 19.229633, 19.251057 ] }, { "date": "2023-12-01", "close": 18.731022, "volume": 25216, "typical_volume": 119922.85, "trend": 19.271016, "fair_value": 16.502717, "relative_strength": 1.14035, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.136382, "energy": 41.224927, "activity_lines": [ 18.629774, 18.964202, 19.17941, 19.216037 ] }, { "date": "2023-12-08", "close": 18.731022, "volume": 98158, "typical_volume": 123543.45, "trend": 19.251329, "fair_value": 16.532277, "relative_strength": 1.399735, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.208986, "energy": 37.341546, "activity_lines": [ 18.635398, 18.864487, 19.128384, 19.181199 ] }, { "date": "2023-12-15", "close": 19.321642, "volume": 87138, "typical_volume": 120966.0, "trend": 19.268204, "fair_value": 16.56377, "relative_strength": 3.927328, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.707983, "energy": 20.59121, "activity_lines": [ 18.871646, 18.902839, 19.135616, 19.185735 ] }, { "date": "2023-12-22", "close": 19.574762, "volume": 57109, "typical_volume": 120283.9, "trend": 19.287891, "fair_value": 16.598739, "relative_strength": 4.847407, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.439971, "energy": 10.380613, "activity_lines": [ 19.147268, 18.994883, 19.170973, 19.205513 ] }, { "date": "2023-12-29", "close": 19.659136, "volume": 40018, "typical_volume": 119143.55, "trend": 19.259766, "fair_value": 16.632396, "relative_strength": 3.866189, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.407246, "energy": 7.541099, "activity_lines": [ 19.383515, 19.10687, 19.214767, 19.229464 ] }, { "date": "2024-01-05", "close": 19.827887, "volume": 26745, "typical_volume": 118351.95, "trend": 19.240079, "fair_value": 16.653108, "relative_strength": 3.372893, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.574782, "energy": 25.535702, "activity_lines": [ 19.591638, 19.252608, 19.274633, 19.266117 ] }, { "date": "2024-01-12", "close": 20.249754, "volume": 32475, "typical_volume": 102043.25, "trend": 19.248517, "fair_value": 16.677054, "relative_strength": 6.556926, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.287662, "energy": 40.852187, "activity_lines": [ 19.867259, 19.467378, 19.369855, 19.331258 ] }, { "date": "2024-01-19", "close": 20.418503, "volume": 32260, "typical_volume": 90726.25, "trend": 19.327266, "fair_value": 16.699964, "relative_strength": 8.614298, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.952139, "energy": 50.259504, "activity_lines": [ 20.097882, 19.69442, 19.469094, 19.406741 ] }, { "date": "2024-01-26", "close": 20.051447, "volume": 48806, "typical_volume": 86392.2, "trend": 19.368467, "fair_value": 16.726344, "relative_strength": 4.892559, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.290859, "energy": 46.665481, "activity_lines": [ 20.133028, 19.82251, 19.527752, 19.453462 ] }, { "date": "2024-02-02", "close": 20.400167, "volume": 58382, "typical_volume": 80605.0, "trend": 19.404418, "fair_value": 16.734316, "relative_strength": 7.924501, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.777871, "energy": 48.175483, "activity_lines": [ 20.252635, 19.986928, 19.612529, 19.520023 ] }, { "date": "2024-02-09", "close": 21.010429, "volume": 83311, "typical_volume": 73443.7, "trend": 19.486023, "fair_value": 16.733497, "relative_strength": 13.149991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.869842, "energy": 53.201009, "activity_lines": [ 20.526261, 20.225818, 19.751898, 19.623637 ] }, { "date": "2024-02-16", "close": 20.487349, "volume": 100681, "typical_volume": 74269.95, "trend": 19.530505, "fair_value": 16.729854, "relative_strength": 7.745413, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.429354, "energy": 41.649673, "activity_lines": [ 20.546691, 20.328159, 19.83622, 19.688238 ] }, { "date": "2024-02-23", "close": 19.615545, "volume": 76768, "typical_volume": 75144.55, "trend": 19.512177, "fair_value": 16.730679, "relative_strength": 3.068803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.763374, "energy": 26.867772, "activity_lines": [ 20.260679, 20.240056, 19.837186, 19.693725 ] }, { "date": "2024-03-01", "close": 19.702726, "volume": 131011, "typical_volume": 78381.15, "trend": 19.51363, "fair_value": 16.732064, "relative_strength": 2.065664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.795728, "energy": 17.174141, "activity_lines": [ 20.057259, 20.162461, 19.847064, 19.706018 ] }, { "date": "2024-03-08", "close": 20.051447, "volume": 84175, "typical_volume": 76240.75, "trend": 19.526707, "fair_value": 16.73039, "relative_strength": 3.243092, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.667011, "energy": 15.624884, "activity_lines": [ 19.993327, 20.145944, 19.890749, 19.740716 ] }, { "date": "2024-03-15", "close": 19.615545, "volume": 59874, "typical_volume": 72650.95, "trend": 19.553379, "fair_value": 16.715866, "relative_strength": -0.326834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.514371, "energy": 15.137762, "activity_lines": [ 19.807342, 20.043038, 19.891855, 19.746448 ] }, { "date": "2024-03-22", "close": 19.266827, "volume": 42294, "typical_volume": 67325.55, "trend": 19.604989, "fair_value": 16.707046, "relative_strength": -4.132297, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.080689, "energy": 10.911973, "activity_lines": [ 19.59811, 19.88059, 19.858753, 19.72796 ] }, { "date": "2024-03-29", "close": 19.441185, "volume": 541279, "typical_volume": 90690.45, "trend": 19.611786, "fair_value": 16.696697, "relative_strength": -4.096016, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.31169, "energy": 12.876235, "activity_lines": [ 19.528366, 19.767715, 19.842115, 19.717392 ] }, { "date": "2024-04-05", "close": 20.225807, "volume": 134368, "typical_volume": 93330.4, "trend": 19.667237, "fair_value": 16.683438, "relative_strength": -2.184153, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.260604, "energy": 11.461443, "activity_lines": [ 19.731786, 19.815268, 19.896419, 19.757007 ] }, { "date": "2024-04-12", "close": 20.487349, "volume": 270308, "typical_volume": 101518.8, "trend": 19.694844, "fair_value": 16.669209, "relative_strength": -2.923041, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.622071, "energy": 15.816833, "activity_lines": [ 19.987515, 19.907204, 19.967711, 19.809917 ] }, { "date": "2024-04-19", "close": 20.836067, "volume": 73116, "typical_volume": 103913.8, "trend": 19.725638, "fair_value": 16.669389, "relative_strength": 1.04734, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.62282, "energy": 33.175741, "activity_lines": [ 20.330423, 20.060957, 20.062243, 19.883544 ] }, { "date": "2024-04-26", "close": 20.836067, "volume": 73756, "typical_volume": 102693.7, "trend": 19.739557, "fair_value": 16.671687, "relative_strength": -0.803943, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.228917, "energy": 48.020894, "activity_lines": [ 20.591963, 20.217881, 20.146752, 19.955185 ] }, { "date": "2024-05-03", "close": 20.312988, "volume": 116612, "typical_volume": 104167.4, "trend": 19.758539, "fair_value": 16.66825, "relative_strength": -3.575542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.888748, "energy": 47.614582, "activity_lines": [ 20.574528, 20.27336, 20.171419, 19.992181 ] }, { "date": "2024-05-10", "close": 20.574528, "volume": 23723, "typical_volume": 102498.1, "trend": 19.783427, "fair_value": 16.673105, "relative_strength": -5.430394, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.4135, "energy": 44.357714, "activity_lines": [ 20.586152, 20.36371, 20.216274, 20.044825 ] }, { "date": "2024-05-17", "close": 19.179644, "volume": 182205, "typical_volume": 109607.45, "trend": 19.761819, "fair_value": 16.669761, "relative_strength": -11.496841, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.495687, "energy": 7.550178, "activity_lines": [ 20.109566, 20.184594, 20.123522, 20.005871 ] }, { "date": "2024-05-24", "close": 19.528366, "volume": 80731, "typical_volume": 112306.75, "trend": 19.765898, "fair_value": 16.662432, "relative_strength": -10.118866, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.292227, "energy": 13.488334, "activity_lines": [ 19.836402, 20.084734, 20.066265, 19.99081 ] }, { "date": "2024-05-31", "close": 19.179644, "volume": 53135, "typical_volume": 113339.75, "trend": 19.763977, "fair_value": 16.656114, "relative_strength": -12.394072, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.586621, "energy": 18.903113, "activity_lines": [ 19.534177, 19.923054, 19.977223, 19.952987 ] }, { "date": "2024-06-07", "close": 20.248007, "volume": 89695, "typical_volume": 116211.5, "trend": 19.817355, "fair_value": 16.657184, "relative_strength": -6.113699, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.42958, "energy": 12.274525, "activity_lines": [ 19.698502, 19.957207, 19.995026, 19.984215 ] }, { "date": "2024-06-14", "close": 19.891212, "volume": 23027, "typical_volume": 114922.55, "trend": 19.861653, "fair_value": 16.65759, "relative_strength": -5.455219, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.872944, "energy": 13.198465, "activity_lines": [ 19.748226, 19.911819, 19.979659, 19.98898 ] }, { "date": "2024-06-21", "close": 19.712818, "volume": 41189, "typical_volume": 114062.9, "trend": 19.90563, "fair_value": 16.654148, "relative_strength": -7.198796, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.283781, "energy": 9.579794, "activity_lines": [ 19.784041, 19.840079, 19.948066, 19.979377 ] }, { "date": "2024-06-28", "close": 19.980412, "volume": 35980, "typical_volume": 111696.35, "trend": 19.947276, "fair_value": 16.65783, "relative_strength": -6.783354, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.492988, "energy": 3.570861, "activity_lines": [ 19.873508, 19.831075, 19.945232, 19.984202 ] }, { "date": "2024-07-05", "close": 19.445219, "volume": 14696, "typical_volume": 107397.1, "trend": 19.971083, "fair_value": 16.658622, "relative_strength": -8.773956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.914106, "energy": 16.240002, "activity_lines": [ 19.754442, 19.740321, 19.896331, 19.951811 ] }, { "date": "2024-07-12", "close": 19.088428, "volume": 24193, "typical_volume": 104768.35, "trend": 19.963309, "fair_value": 16.670108, "relative_strength": -11.178163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.94752, "energy": 29.99517, "activity_lines": [ 19.49874, 19.609983, 19.818413, 19.894866 ] }, { "date": "2024-07-19", "close": 19.266825, "volume": 44698, "typical_volume": 100452.7, "trend": 19.953044, "fair_value": 16.676788, "relative_strength": -10.628235, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.941664, "energy": 35.856825, "activity_lines": [ 19.379809, 19.534346, 19.759995, 19.849931 ] }, { "date": "2024-07-26", "close": 18.910032, "volume": 18425, "typical_volume": 97165.2, "trend": 19.928074, "fair_value": 16.68118, "relative_strength": -11.379782, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.999616, "energy": 46.685983, "activity_lines": [ 19.183573, 19.417614, 19.669672, 19.78264 ] }, { "date": "2024-08-02", "close": 18.999229, "volume": 58505, "typical_volume": 97096.75, "trend": 19.900452, "fair_value": 16.683981, "relative_strength": -9.092377, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.818831, "energy": 46.461875, "activity_lines": [ 19.070588, 19.322002, 19.59328, 19.722715 ] }, { "date": "2024-08-09", "close": 19.445219, "volume": 27945, "typical_volume": 96379.3, "trend": 19.873634, "fair_value": 16.68856, "relative_strength": -7.003331, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.019924, "energy": 33.203866, "activity_lines": [ 19.171679, 19.3171, 19.562297, 19.693345 ] }, { "date": "2024-08-16", "close": 19.623617, "volume": 37803, "typical_volume": 71205.5, "trend": 19.847138, "fair_value": 16.700772, "relative_strength": -7.903739, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.494376, "energy": 23.341216, "activity_lines": [ 19.332236, 19.339804, 19.547456, 19.677215 ] }, { "date": "2024-08-23", "close": 20.783195, "volume": 755299, "typical_volume": 102252.05, "trend": 19.87153, "fair_value": 16.72258, "relative_strength": -1.908103, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.010277, "energy": 10.21076, "activity_lines": [ 19.843639, 19.584694, 19.642182, 19.737605 ] }, { "date": "2024-08-30", "close": 20.693996, "volume": 246332, "typical_volume": 101053.25, "trend": 19.881324, "fair_value": 16.73895, "relative_strength": -2.561473, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.122174, "energy": 20.826561, "activity_lines": [ 20.224219, 19.797148, 19.725758, 19.790668 ] }, { "date": "2024-09-06", "close": 21.407583, "volume": 222972, "typical_volume": 108546.05, "trend": 19.894563, "fair_value": 16.763679, "relative_strength": 4.582079, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.831435, "energy": 46.375967, "activity_lines": [ 20.723729, 20.121506, 19.876311, 19.889136 ] }, { "date": "2024-09-13", "close": 23.191547, "volume": 362821, "typical_volume": 122999.3, "trend": 19.984702, "fair_value": 16.799303, "relative_strength": 11.37064, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.444656, "energy": 81.130837, "activity_lines": [ 21.657337, 20.744272, 20.194044, 20.101845 ] }, { "date": "2024-09-20", "close": 24.886314, "volume": 288134, "typical_volume": 131575.4, "trend": 20.160395, "fair_value": 16.848766, "relative_strength": 19.141958, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.372918, "energy": 92.553623, "activity_lines": [ 22.906113, 21.607062, 20.661967, 20.418078 ] }, { "date": "2024-09-27", "close": 24.886314, "volume": 173568, "typical_volume": 139067.65, "trend": 20.333181, "fair_value": 16.902718, "relative_strength": 18.895862, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.473102, "energy": 94.236611, "activity_lines": [ 23.804042, 22.364436, 21.108112, 20.722976 ] }, { "date": "2024-10-04", "close": 24.797117, "volume": 54383, "typical_volume": 132676.55, "trend": 20.49137, "fair_value": 16.958911, "relative_strength": 14.797149, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.349342, "energy": 90.935694, "activity_lines": [ 24.398697, 23.00342, 21.52523, 21.010972 ] }, { "date": "2024-10-11", "close": 24.440323, "volume": 59908, "typical_volume": 131635.4, "trend": 20.652196, "fair_value": 17.010869, "relative_strength": 12.900914, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.842545, "energy": 87.325339, "activity_lines": [ 24.60088, 23.470495, 21.881617, 21.265743 ] }, { "date": "2024-10-18", "close": 24.261929, "volume": 33409, "typical_volume": 130649.1, "trend": 20.818699, "fair_value": 17.058223, "relative_strength": 13.111024, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.531735, "energy": 72.472381, "activity_lines": [ 24.541415, 23.806205, 22.197624, 21.498629 ] }, { "date": "2024-10-25", "close": 24.083532, "volume": 19943, "typical_volume": 127161.5, "trend": 20.973444, "fair_value": 17.109733, "relative_strength": 10.000006, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.303411, "energy": 56.623528, "activity_lines": [ 24.351126, 24.021903, 22.47244, 21.709263 ] }, { "date": "2024-11-01", "close": 23.72674, "volume": 153472, "typical_volume": 133683.75, "trend": 21.090142, "fair_value": 17.161228, "relative_strength": 10.264256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.383187, "energy": 45.217646, "activity_lines": [ 24.095425, 24.09164, 22.695011, 21.886895 ] }, { "date": "2024-11-08", "close": 23.181295, "volume": 34352, "typical_volume": 133341.9, "trend": 21.17994, "fair_value": 17.210416, "relative_strength": 8.750309, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.802121, "energy": 32.113375, "activity_lines": [ 23.735214, 24.008687, 22.847371, 22.021808 ] }, { "date": "2024-11-15", "close": 21.81769, "volume": 69699, "typical_volume": 135027.85, "trend": 21.212661, "fair_value": 17.252918, "relative_strength": 0.228373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.382099, "energy": 20.907071, "activity_lines": [ 23.02819, 23.632581, 22.853347, 22.062953 ] }, { "date": "2024-11-22", "close": 22.272226, "volume": 49788, "typical_volume": 136782.45, "trend": 21.260533, "fair_value": 17.29563, "relative_strength": 0.517453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.335447, "energy": 22.858072, "activity_lines": [ 22.647519, 23.331662, 22.893863, 22.131312 ] }, { "date": "2024-11-29", "close": 21.272247, "volume": 46747, "typical_volume": 137910.15, "trend": 21.292508, "fair_value": 17.332256, "relative_strength": -3.074704, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.467217, "energy": 18.805598, "activity_lines": [ 22.066169, 22.865644, 22.825681, 22.132068 ] }, { "date": "2024-12-06", "close": 21.81769, "volume": 44788, "typical_volume": 137914.65, "trend": 21.333947, "fair_value": 17.374218, "relative_strength": -0.345496, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.317044, "energy": 19.514123, "activity_lines": [ 21.854053, 22.564507, 22.799047, 22.165951 ] }, { "date": "2024-12-13", "close": 21.635876, "volume": 19433, "typical_volume": 137965.05, "trend": 21.415821, "fair_value": 17.422911, "relative_strength": -0.929954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.657743, "energy": 17.971104, "activity_lines": [ 21.708602, 22.286107, 22.74295, 22.18543 ] }, { "date": "2024-12-20", "close": 22.181316, "volume": 27479, "typical_volume": 136413.75, "trend": 21.504253, "fair_value": 17.468393, "relative_strength": 4.757985, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.361196, "energy": 16.038297, "activity_lines": [ 21.847992, 22.164354, 22.72582, 22.234817 ] }, { "date": "2024-12-27", "close": 21.726782, "volume": 9031, "typical_volume": 135468.05, "trend": 21.589158, "fair_value": 17.502849, "relative_strength": 0.81729, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.849352, "energy": 16.777975, "activity_lines": [ 21.811629, 22.001032, 22.650248, 22.249174 ] }, { "date": "2025-01-03", "close": 21.272247, "volume": 24094, "typical_volume": 134782.6, "trend": 21.623299, "fair_value": 17.533958, "relative_strength": -3.753423, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.47363, "energy": 18.092801, "activity_lines": [ 21.660117, 21.801161, 22.520522, 22.228728 ] }, { "date": "2025-01-10", "close": 21.272247, "volume": 34842, "typical_volume": 98759.75, "trend": 21.669334, "fair_value": 17.567556, "relative_strength": -4.733066, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.141306, "energy": 22.092869, "activity_lines": [ 21.508605, 21.652404, 22.382946, 22.206079 ] }, { "date": "2025-01-17", "close": 20.544992, "volume": 40959, "typical_volume": 88491.1, "trend": 21.697073, "fair_value": 17.602765, "relative_strength": -8.583733, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.528533, "energy": 39.50419, "activity_lines": [ 21.151038, 21.416046, 22.173778, 22.133541 ] }, { "date": "2025-01-24", "close": 21.272247, "volume": 257059, "typical_volume": 90195.45, "trend": 21.740134, "fair_value": 17.644475, "relative_strength": -4.913255, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.952597, "energy": 33.975008, "activity_lines": [ 21.108615, 21.359849, 22.034583, 22.106133 ] }, { "date": "2025-01-31", "close": 21.54497, "volume": 71204, "typical_volume": 75614.6, "trend": 21.810126, "fair_value": 17.685229, "relative_strength": -5.145195, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.113911, "energy": 25.168661, "activity_lines": [ 21.217704, 21.363155, 21.922005, 22.093542 ] }, { "date": "2025-02-07", "close": 21.363155, "volume": 75412, "typical_volume": 64978.5, "trend": 21.88595, "fair_value": 17.727522, "relative_strength": -3.707575, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.918343, "energy": 22.268766, "activity_lines": [ 21.278308, 21.346626, 21.799953, 22.064705 ] }, { "date": "2025-02-14", "close": 21.54497, "volume": 79172, "typical_volume": 60258.7, "trend": 21.961888, "fair_value": 17.772063, "relative_strength": -2.873936, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.271788, "energy": 11.918657, "activity_lines": [ 21.393458, 21.361502, 21.711993, 22.042706 ] }, { "date": "2025-02-21", "close": 21.54497, "volume": 71037, "typical_volume": 61091.4, "trend": 22.049719, "fair_value": 17.816495, "relative_strength": -3.50439, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -35.153897, "energy": 18.493387, "activity_lines": [ 21.490425, 21.381337, 21.639945, 22.015808 ] }, { "date": "2025-02-28", "close": 21.999506, "volume": 190217, "typical_volume": 67606.85, "trend": 22.149728, "fair_value": 17.868167, "relative_strength": -0.680474, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -30.690038, "energy": 17.280982, "activity_lines": [ 21.67224, 21.485467, 21.626672, 22.012569 ] }, { "date": "2025-03-07", "close": 21.81769, "volume": 93994, "typical_volume": 70636.1, "trend": 22.228811, "fair_value": 17.913698, "relative_strength": -1.451894, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.197651, "energy": 17.211598, "activity_lines": [ 21.744965, 21.559845, 21.607706, 21.991147 ] }, { "date": "2025-03-14", "close": 21.726782, "volume": 10962, "typical_volume": 70187.05, "trend": 22.298916, "fair_value": 17.961459, "relative_strength": -2.6578, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.945901, "energy": 13.166355, "activity_lines": [ 21.769207, 21.616042, 21.591721, 21.958758 ] }, { "date": "2025-03-21", "close": 22.544945, "volume": 45071, "typical_volume": 64767.0, "trend": 22.357641, "fair_value": 18.016628, "relative_strength": -0.968143, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 1.545723, "energy": 11.82938, "activity_lines": [ 22.041927, 21.812732, 21.66488, 21.974631 ] }, { "date": "2025-03-28", "close": 22.272226, "volume": 23699, "typical_volume": 64234.35, "trend": 22.410249, "fair_value": 18.067994, "relative_strength": -0.859196, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -5.246425, "energy": 13.205941, "activity_lines": [ 22.157076, 21.936696, 21.717692, 21.96912 ] }, { "date": "2025-04-04", "close": 21.454062, "volume": 218453, "typical_volume": 71672.05, "trend": 22.411798, "fair_value": 18.113033, "relative_strength": 3.506296, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.229795, "energy": 11.615278, "activity_lines": [ 21.95102, 21.880499, 21.696914, 21.907431 ] }, { "date": "2025-04-11", "close": 20.908619, "volume": 94311, "typical_volume": 73898.2, "trend": 22.335701, "fair_value": 18.155658, "relative_strength": 0.045927, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.552439, "energy": 16.682806, "activity_lines": [ 21.599513, 21.721824, 21.625919, 21.810451 ] }, { "date": "2025-04-18", "close": 21.81769, "volume": 13920, "typical_volume": 72256.85, "trend": 22.233413, "fair_value": 18.200864, "relative_strength": 1.592578, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.345335, "energy": 14.645022, "activity_lines": [ 21.611634, 21.740006, 21.647997, 21.777031 ] }, { "date": "2025-04-25", "close": 21.81769, "volume": 40937, "typical_volume": 72064.3, "trend": 22.131126, "fair_value": 18.240392, "relative_strength": 1.003426, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.038592, "energy": 15.265211, "activity_lines": [ 21.617694, 21.749923, 21.667477, 21.750211 ] }, { "date": "2025-05-02", "close": 22.817667, "volume": 119080, "typical_volume": 77046.65, "trend": 22.065144, "fair_value": 18.289304, "relative_strength": 1.835952, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 0.506257, "energy": 2.055678, "activity_lines": [ 22.005564, 21.936695, 21.782193, 21.794504 ] }, { "date": "2025-05-09", "close": 22.272226, "volume": 2241534, "typical_volume": 187749.4, "trend": 21.992874, "fair_value": 18.338777, "relative_strength": -0.319305, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.052949, "energy": 17.93351, "activity_lines": [ 22.175258, 22.001157, 21.839335, 21.807864 ] }, { "date": "2025-05-16", "close": 22.544945, "volume": 116487, "typical_volume": 193122.2, "trend": 21.935641, "fair_value": 18.388646, "relative_strength": -3.087248, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.709095, "energy": 28.46706, "activity_lines": [ 22.381313, 22.110245, 21.922017, 21.843481 ] }, { "date": "2025-05-23", "close": 22.363132, "volume": 72827, "typical_volume": 195558.85, "trend": 21.878295, "fair_value": 18.436808, "relative_strength": -2.972489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.488637, "energy": 28.94084, "activity_lines": [ 22.417676, 22.173054, 21.983487, 21.871061 ] }, { "date": "2025-05-30", "close": 23.63583, "volume": 44240, "typical_volume": 196028.75, "trend": 21.875264, "fair_value": 18.494751, "relative_strength": 1.526233, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.719815, "energy": 48.257351, "activity_lines": [ 22.841909, 22.455692, 22.160972, 21.984451 ] }, { "date": "2025-06-06", "close": 23.119644, "volume": 63498, "typical_volume": 197155.7, "trend": 21.873209, "fair_value": 18.548304, "relative_strength": -2.178352, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.462333, "energy": 44.47938, "activity_lines": [ 22.97287, 22.624644, 22.278042, 22.064733 ] }, { "date": "2025-06-13", "close": 23.215178, "volume": 59940, "typical_volume": 187299.75, "trend": 21.919792, "fair_value": 18.602739, "relative_strength": -4.351532, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.525057, "energy": 43.003671, "activity_lines": [ 23.115544, 22.795558, 22.391949, 22.151312 ] }, { "date": "2025-06-20", "close": 23.024107, "volume": 88589, "typical_volume": 188169.0, "trend": 21.944855, "fair_value": 18.658383, "relative_strength": -6.089219, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.764688, "energy": 41.384312, "activity_lines": [ 23.131665, 22.899711, 22.478407, 22.222558 ] }, { "date": "2025-06-27", "close": 23.692856, "volume": 190419, "typical_volume": 193919.35, "trend": 22.025542, "fair_value": 18.723723, "relative_strength": -1.278152, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.076407, "energy": 38.631142, "activity_lines": [ 23.338757, 23.086992, 22.621513, 22.335332 ] }, { "date": "2025-07-04", "close": 23.215178, "volume": 50584, "typical_volume": 192489.95, "trend": 22.072125, "fair_value": 18.786001, "relative_strength": -4.763929, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.892796, "energy": 35.727766, "activity_lines": [ 23.297976, 23.153329, 22.708031, 22.412083 ] }, { "date": "2025-07-11", "close": 22.928572, "volume": 129640, "typical_volume": 195420.1, "trend": 22.115215, "fair_value": 18.847523, "relative_strength": -5.760792, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.380432, "energy": 27.674222, "activity_lines": [ 23.189702, 23.142146, 22.7593, 22.467337 ] }, { "date": "2025-07-18", "close": 23.310713, "volume": 71442, "typical_volume": 189481.35, "trend": 22.152861, "fair_value": 18.906087, "relative_strength": -3.716446, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.890184, "energy": 28.172855, "activity_lines": [ 23.221547, 23.198427, 22.840375, 22.544466 ] }, { "date": "2025-07-25", "close": 23.40625, "volume": 77311, "typical_volume": 188647.2, "trend": 22.208844, "fair_value": 18.965803, "relative_strength": -3.341528, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.768027, "energy": 27.569202, "activity_lines": [ 23.278869, 23.253197, 22.924304, 22.62533 ] }, { "date": "2025-08-01", "close": 23.215178, "volume": 76956, "typical_volume": 191946.9, "trend": 22.273608, "fair_value": 19.028081, "relative_strength": -3.707554, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.386754, "energy": 22.531179, "activity_lines": [ 23.247023, 23.257567, 22.982472, 22.690255 ] }, { "date": "2025-08-08", "close": 23.40625, "volume": 39504, "typical_volume": 191668.55, "trend": 22.344741, "fair_value": 19.088609, "relative_strength": -4.030755, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.544508, "energy": 29.658296, "activity_lines": [ 23.310714, 23.281185, 23.05175, 22.763329 ] }, { "date": "2025-08-15", "close": 23.310713, "volume": 241721, "typical_volume": 202569.65, "trend": 22.436932, "fair_value": 19.151499, "relative_strength": -5.17609, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.095546, "energy": 26.31809, "activity_lines": [ 23.329821, 23.291607, 23.107827, 22.825649 ] }, { "date": "2025-08-22", "close": 22.737499, "volume": 142159, "typical_volume": 198754.95, "trend": 22.485774, "fair_value": 19.209093, "relative_strength": -9.089331, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.111406, "energy": 15.406855, "activity_lines": [ 23.13238, 23.194334, 23.104368, 22.845041 ] }, { "date": "2025-08-29", "close": 22.737499, "volume": 54317, "typical_volume": 196755.25, "trend": 22.525525, "fair_value": 19.26912, "relative_strength": -8.031524, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.454957, "energy": 11.990365, "activity_lines": [ 22.973154, 23.105746, 23.094796, 22.861281 ] }, { "date": "2025-09-05", "close": 22.259821, "volume": 46196, "typical_volume": 198369.05, "trend": 22.555414, "fair_value": 19.338795, "relative_strength": -8.617992, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.391897, "energy": 11.772158, "activity_lines": [ 22.699285, 22.935519, 23.031023, 22.844139 ] }, { "date": "2025-09-12", "close": 22.641964, "volume": 27994, "typical_volume": 197721.9, "trend": 22.59198, "fair_value": 19.404429, "relative_strength": -8.334963, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.432981, "energy": 16.669243, "activity_lines": [ 22.616487, 22.860827, 23.001539, 22.849723 ] }, { "date": "2025-09-19", "close": 22.641964, "volume": 12238, "typical_volume": 192379.8, "trend": 22.628547, "fair_value": 19.481963, "relative_strength": -7.367141, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.349564, "energy": 23.894695, "activity_lines": [ 22.584642, 22.796558, 22.96813, 22.852948 ] }, { "date": "2025-09-26", "close": 22.06875, "volume": 51724, "typical_volume": 82889.3, "trend": 22.630855, "fair_value": 19.56069, "relative_strength": -10.109959, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.41353, "energy": 40.371452, "activity_lines": [ 22.406309, 22.633279, 22.880965, 22.816832 ] }, { "date": "2025-10-03", "close": 21.973213, "volume": 176549, "typical_volume": 85892.4, "trend": 22.636039, "fair_value": 19.633125, "relative_strength": -9.403401, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.502133, "energy": 37.015163, "activity_lines": [ 22.240714, 22.47521, 22.785671, 22.774403 ] }, { "date": "2025-10-10", "close": 21.495535, "volume": 51333, "typical_volume": 84817.7, "trend": 22.628331, "fair_value": 19.700876, "relative_strength": -10.945508, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.955324, "energy": 51.983199, "activity_lines": [ 21.966845, 22.256347, 22.647606, 22.700822 ] }, { "date": "2025-10-17", "close": 20.731251, "volume": 153639, "typical_volume": 90287.65, "trend": 22.567874, "fair_value": 19.763727, "relative_strength": -12.167641, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.741567, "energy": 66.318019, "activity_lines": [ 21.489167, 21.929789, 22.440884, 22.57843 ] }, { "date": "2025-10-24", "close": 21.113394, "volume": 145419, "typical_volume": 94383.7, "trend": 22.529246, "fair_value": 19.829839, "relative_strength": -11.192198, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.86844, "energy": 70.336635, "activity_lines": [ 21.26625, 21.721347, 22.284387, 22.484593 ] }, { "date": "2025-10-31", "close": 20.826784, "volume": 102118, "typical_volume": 96492.6, "trend": 22.508337, "fair_value": 19.888706, "relative_strength": -10.278018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.416277, "energy": 73.249161, "activity_lines": [ 21.049702, 21.500746, 22.110148, 22.374756 ] }, { "date": "2025-11-07", "close": 19.393749, "volume": 177216, "typical_volume": 100923.95, "trend": 22.457841, "fair_value": 19.936764, "relative_strength": -15.314436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.289293, "energy": 81.449273, "activity_lines": [ 20.438273, 21.054334, 21.810803, 22.173815 ] }, { "date": "2025-11-14", "close": 19.584822, "volume": 73510, "typical_volume": 95078.5, "trend": 22.383412, "fair_value": 19.986046, "relative_strength": -14.966033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.445313, "energy": 77.442129, "activity_lines": [ 20.0625, 20.703458, 21.546943, 21.988459 ] }, { "date": "2025-11-21", "close": 19.393749, "volume": 256822, "typical_volume": 105390.4, "trend": 22.302614, "fair_value": 20.035997, "relative_strength": -13.801738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.623614, "energy": 79.569989, "activity_lines": [ 19.750416, 20.366477, 21.284447, 21.795578 ] }, { "date": "2025-11-28", "close": 19.107143, "volume": 45971, "typical_volume": 101206.95, "trend": 22.17893, "fair_value": 20.079513, "relative_strength": -16.134255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.572945, "energy": 81.706469, "activity_lines": [ 19.431964, 20.036445, 21.012853, 21.589418 ] }, { "date": "2025-12-05", "close": 19.775894, "volume": 204372, "typical_volume": 107853.45, "trend": 22.095719, "fair_value": 20.124612, "relative_strength": -14.067318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.712828, "energy": 61.945112, "activity_lines": [ 19.470179, 19.892273, 20.823146, 21.434384 ] }, { "date": "2025-12-12", "close": 19.584822, "volume": 72526, "typical_volume": 107614.2, "trend": 21.997048, "fair_value": 20.16443, "relative_strength": -15.081843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.59369, "energy": 50.696751, "activity_lines": [ 19.514762, 19.755049, 20.632075, 21.27239 ] }, { "date": "2025-12-19", "close": 19.202679, "volume": 60588, "typical_volume": 106795.8, "trend": 21.8917, "fair_value": 20.199905, "relative_strength": -17.123086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.832109, "energy": 49.457849, "activity_lines": [ 19.419227, 19.59177, 20.422806, 21.092108 ] }, { "date": "2025-12-26", "close": 19.489285, "volume": 23258, "typical_volume": 105983.5, "trend": 21.753482, "fair_value": 20.23938, "relative_strength": -15.795619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.839127, "energy": 41.610008, "activity_lines": [ 19.444703, 19.522289, 20.25994, 20.937114 ] }, { "date": "2026-01-02", "close": 19.489285, "volume": 67634, "typical_volume": 97279.15, "trend": 21.63247, "fair_value": 20.277504, "relative_strength": -16.95416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.036989, "energy": 40.144751, "activity_lines": [ 19.463809, 19.47539, 20.115727, 20.791037 ] }, { "date": "2026-01-09", "close": 20.0625, "volume": 49406, "typical_volume": 92641.5, "trend": 21.527381, "fair_value": 20.317409, "relative_strength": -14.218086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.204228, "energy": 31.896623, "activity_lines": [ 19.648512, 19.56224, 20.044303, 20.689748 ] }, { "date": "2026-01-16", "close": 19.775894, "volume": 106658, "typical_volume": 95258.55, "trend": 21.419107, "fair_value": 20.353043, "relative_strength": -17.755965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.272773, "energy": 26.344241, "activity_lines": [ 19.718572, 19.610877, 19.958321, 20.576749 ] }, { "date": "2026-01-23", "close": 19.966963, "volume": 53692, "typical_volume": 95633.35, "trend": 21.29491, "fair_value": 20.38936, "relative_strength": -15.795914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.096117, "energy": 21.248173, "activity_lines": [ 19.839583, 19.687305, 19.904639, 20.483062 ] }, { "date": "2026-01-30", "close": 20.158035, "volume": 30760, "typical_volume": 95771.65, "trend": 21.193006, "fair_value": 20.428526, "relative_strength": -15.96725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.705823, "energy": 17.549104, "activity_lines": [ 19.973333, 19.791526, 19.880072, 20.409716 ] }, { "date": "2026-02-06", "close": 19.393749, "volume": 20117, "typical_volume": 96165.6, "trend": 21.075178, "fair_value": 20.46171, "relative_strength": -20.566572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.52212, "energy": 23.027293, "activity_lines": [ 19.807737, 19.742889, 19.794545, 20.293635 ] }, { "date": "2026-02-13", "close": 20.253572, "volume": 83258, "typical_volume": 97742.3, "trend": 20.973274, "fair_value": 20.494186, "relative_strength": -17.655033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.398651, "energy": 11.608914, "activity_lines": [ 19.935119, 19.845373, 19.806373, 20.240628 ] }, { "date": "2026-02-20", "close": 20.349106, "volume": 87599, "typical_volume": 93294.8, "trend": 20.871369, "fair_value": 20.523488, "relative_strength": -19.546041, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.218721, "energy": 8.97802, "activity_lines": [ 20.081607, 19.956542, 19.835944, 20.200359 ] }, { "date": "2026-02-27", "close": 21.4, "volume": 195261, "typical_volume": 100491.2, "trend": 20.810863, "fair_value": 20.554659, "relative_strength": -15.324536, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.048388, "energy": 14.910302, "activity_lines": [ 20.540178, 20.244886, 19.973333, 20.234464 ] }, { "date": "2026-03-06", "close": 20.635714, "volume": 32815, "typical_volume": 94450.0, "trend": 20.718512, "fair_value": 20.582013, "relative_strength": -18.423314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.878015, "energy": 17.754535, "activity_lines": [ 20.648452, 20.354318, 20.038388, 20.223164 ] }, { "date": "2026-03-13", "close": 20.635714, "volume": 57454, "typical_volume": 90051.75, "trend": 20.629345, "fair_value": 20.616398, "relative_strength": -19.728535, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.880675, "energy": 27.214109, "activity_lines": [ 20.724881, 20.442905, 20.103899, 20.217822 ] }, { "date": "2026-03-20", "close": 20.635714, "volume": 99359, "typical_volume": 89913.8, "trend": 20.559285, "fair_value": 20.646997, "relative_strength": -20.078761, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.495211, "energy": 25.457169, "activity_lines": [ 20.718512, 20.510649, 20.171683, 20.218233 ] }, { "date": "2026-03-27", "close": 20.731251, "volume": 48696, "typical_volume": 83487.8, "trend": 20.492411, "fair_value": 20.67983, "relative_strength": -19.819994, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.33464, "energy": 17.295175, "activity_lines": [ 20.718512, 20.585341, 20.249477, 20.229328 ] }, { "date": "2026-04-03", "close": 20.922321, "volume": 25634, "typical_volume": 81094.0, "trend": 20.447827, "fair_value": 20.713889, "relative_strength": -21.298352, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.845662, "energy": 18.511526, "activity_lines": [ 20.756726, 20.677402, 20.339098, 20.257064 ] }, { "date": "2026-04-10", "close": 21.304462, "volume": 70014, "typical_volume": 71753.6, "trend": 20.403244, "fair_value": 20.748234, "relative_strength": -18.957807, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.630371, "energy": 23.480589, "activity_lines": [ 20.954166, 20.821574, 20.458745, 20.312331 ] }, { "date": "2026-04-17", "close": 21.591072, "volume": 53708, "typical_volume": 72140.45, "trend": 20.368214, "fair_value": 20.781711, "relative_strength": -14.201237, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.81682, "energy": 47.084573, "activity_lines": [ 21.202559, 20.997013, 20.59659, 20.388965 ] }, { "date": "2026-04-24", "close": 21.208929, "volume": 49802, "typical_volume": 64411.95, "trend": 20.339553, "fair_value": 20.799218, "relative_strength": -16.26749, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.786292, "energy": 46.848826, "activity_lines": [ 21.259881, 21.063019, 20.686211, 20.443204 ] }, { "date": "2026-05-01", "close": 21.4, "volume": 491715, "typical_volume": 85371.4, "trend": 20.320446, "fair_value": 20.815786, "relative_strength": -15.959032, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.730939, "energy": 48.977406, "activity_lines": [ 21.342678, 21.146396, 20.787206, 20.51162 ] }, { "date": "2026-05-08", "close": 21.304462, "volume": 80481, "typical_volume": 86366.05, "trend": 20.314077, "fair_value": 20.828496, "relative_strength": -13.757489, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.904287, "energy": 39.583913, "activity_lines": [ 21.349047, 21.193295, 20.870459, 20.575105 ] }, { "date": "2026-05-15", "close": 21.782143, "volume": 24487, "typical_volume": 86427.5, "trend": 20.349107, "fair_value": 20.847514, "relative_strength": -13.423678, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.226081, "energy": 40.614633, "activity_lines": [ 21.489166, 21.328782, 20.989196, 20.669819 ] }, { "date": "2026-05-22", "close": 21.200001, "volume": 66565, "typical_volume": 86374.05, "trend": 20.351994, "fair_value": 20.861718, "relative_strength": -16.271291, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.976168, "energy": 30.804826, "activity_lines": [ 21.403393, 21.337581, 21.041573, 20.724716 ] }, { "date": "2026-05-29", "close": 21.0, "volume": 47215, "typical_volume": 86264.5, "trend": 20.357768, "fair_value": 20.864905, "relative_strength": -14.655328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.387337, "energy": 23.076875, "activity_lines": [ 21.277024, 21.299756, 21.066756, 20.766522 ] }, { "date": "2026-06-05", "close": 20.4, "volume": 634195, "typical_volume": 112641.35, "trend": 20.391309, "fair_value": 20.864786, "relative_strength": -16.669419, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.841892, "energy": 11.755134, "activity_lines": [ 20.964583, 21.146217, 21.030331, 20.769247 ] }, { "date": "2026-06-12", "close": 20.5, "volume": 195, "typical_volume": 109966.5, "trend": 20.421815, "fair_value": 20.868013, "relative_strength": -15.364083, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.967306, "energy": 15.71591, "activity_lines": [ 20.752143, 21.016883, 21.000459, 20.776259 ] }, { "date": "2026-06-19", "close": 20.5, "volume": 94, "typical_volume": 108433.2, "trend": 20.45869, "fair_value": 20.883679, "relative_strength": -12.938379, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.181475, "energy": 16.84782, "activity_lines": [ 20.593333, 20.895227, 20.968048, 20.781304 ] }, { "date": "2026-06-26", "close": 20.700001, "volume": 5256, "typical_volume": 107690.15, "trend": 20.511786, "fair_value": 20.89576, "relative_strength": -9.226683, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.475213, "energy": 17.451192, "activity_lines": [ 20.586667, 20.824562, 20.953057, 20.796872 ] }, { "date": "2026-07-03", "close": 20.4, "volume": 1911, "typical_volume": 103622.8, "trend": 20.532589, "fair_value": 20.902673, "relative_strength": -12.011352, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.89033, "energy": 25.994658, "activity_lines": [ 20.513334, 20.715552, 20.903274, 20.78966 ] }, { "date": "2026-07-10", "close": 20.4, "volume": 77587, "typical_volume": 103122.2, "trend": 20.559762, "fair_value": 20.914453, "relative_strength": -10.978562, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.626286, "energy": 28.559405, "activity_lines": [ 20.48, 20.62125, 20.852793, 20.781106 ] }, { "date": "2026-07-17", "close": 20.6, "volume": 73517, "typical_volume": 97035.0, "trend": 20.606339, "fair_value": 20.923729, "relative_strength": -10.686607, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.196019, "energy": 17.07091, "activity_lines": [ 20.513333, 20.581494, 20.821118, 20.783702 ] }, { "date": "2026-07-24", "close": 20.0, "volume": 22190, "typical_volume": 96503.75, "trend": 20.623363, "fair_value": 20.922669, "relative_strength": -14.826816, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.826264, "energy": 40.084461, "activity_lines": [ 20.34, 20.445455, 20.73611, 20.744583 ] }, { "date": "2026-07-31", "close": 20.200001, "volume": 38464, "typical_volume": 95554.25, "trend": 20.647053, "fair_value": 20.926136, "relative_strength": -13.793956, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.645675, "energy": 38.164487, "activity_lines": [ 20.266667, 20.378182, 20.673176, 20.71727 ] }, { "date": "2026-08-07", "close": 20.0, "volume": 48790, "typical_volume": 93025.8, "trend": 20.64497, "fair_value": 20.928321, "relative_strength": -14.334829, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.943633, "energy": 45.911178, "activity_lines": [ 20.16, 20.292728, 20.59327, 20.675524 ] } ], "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." } } }