{ "ticker": { "uuid": "c855f0b4-63ea-4da8-b2ce-d6368ce2d113", "symbol": "KDH", "name": "Thonburi Medical Centre Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 57.622, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 56.341, "architecture_energy": 62.626, "architecture_maturity": 3.039, "architecture_confidence": 66.91, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 29.05, "rotation_up": 59.62, "upward_expansion": 79.99, "deceleration": 54.86, "rotation_down": 10.65, "downward_expansion": 13.66 }, "activity_lines": [ 84.85, 84.286364, 83.860714, 83.574684 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 84.25, "trend_reference": 83.169661, "distance_from_trend": 0.01299, "trend_direction": "Improving", "fair_value": 84.702088, "distance_from_fair_value": -0.005337, "fair_value_direction": "Improving", "relative_strength": -11.293086, "relative_strength_direction": "Improving", "price_momentum": -0.031741, "excess_performance": -0.224066, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.01299, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019073, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.005337, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.00372, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.112931, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.002193, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.031741, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.652174, "read": "Supply-led" } ], "volume": { "latest": 100, "relative_activity": 0.10582, "balance": 0.652174, "dry_up": 2.486772, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.013696, "annualized_volatility": 0.144816, "from_high_reference": -0.042614, "from_low_reference": 0.139688 }, "levels": { "trend_reference": 83.169661, "fair_value_reference": 84.702088, "structural_low": 81.437286, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.011364, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.015659, "regime_survival": 0.6, "best_return": 0.075269, "worst_return": -0.05996, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.00949, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.036997, "regime_survival": 0.5, "best_return": 0.081395, "worst_return": -0.045455, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.014987, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.069006, "regime_survival": 0.25, "best_return": 0.104651, "worst_return": -0.102287, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.022727, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.001954, "regime_survival": 0.0, "best_return": 0.131166, "worst_return": -0.118222, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-19", "end": "2024-02-09", "tenure": "New", "return": 0.021739, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-16", "end": "2024-10-18", "tenure": "Extended", "return": -0.029391, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": 0.011111, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2024-12-27", "tenure": "Developing", "return": -0.049096, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-07", "tenure": "Developing", "return": 0.027855, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-18", "tenure": "Developing", "return": -0.033333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-10-10", "tenure": "Established", "return": -0.020588, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.047059, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-01-23", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.051853, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": 0.015106, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-03", "tenure": "Developing", "return": -0.008929, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": 0.057057, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 89.524582, "volume": 5400, "typical_volume": 7780.0, "trend": 86.905653, "fair_value": 79.270948, "relative_strength": 10.18263, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 1.286166, "energy": 20.466799, "activity_lines": [ 86.601956, 84.859569, 85.470265, 86.132343 ] }, { "date": "2023-08-25", "close": 89.06311, "volume": 21600, "typical_volume": 8630.0, "trend": 86.982873, "fair_value": 79.33715, "relative_strength": 6.376097, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 27.755675, "energy": 37.819077, "activity_lines": [ 87.909445, 85.744746, 85.708689, 86.271534 ] }, { "date": "2023-09-01", "close": 88.832375, "volume": 19900, "typical_volume": 9605.0, "trend": 86.922701, "fair_value": 79.401873, "relative_strength": 5.721833, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.305067, "energy": 43.061528, "activity_lines": [ 88.678555, 86.541824, 85.917447, 86.390856 ] }, { "date": "2023-09-08", "close": 89.524582, "volume": 100, "typical_volume": 8885.0, "trend": 86.855085, "fair_value": 79.471033, "relative_strength": 7.23998, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.149961, "energy": 59.780199, "activity_lines": [ 89.232317, 87.35988, 86.197624, 86.55872 ] }, { "date": "2023-09-15", "close": 90.216782, "volume": 1500, "typical_volume": 8430.0, "trend": 86.97076, "fair_value": 79.556367, "relative_strength": 8.079232, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.034087, "energy": 60.915752, "activity_lines": [ 89.555344, 88.177935, 86.548119, 86.775603 ] }, { "date": "2023-09-22", "close": 90.216782, "volume": 2600, "typical_volume": 8290.0, "trend": 87.078806, "fair_value": 79.635833, "relative_strength": 9.076441, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.947683, "energy": 57.553415, "activity_lines": [ 89.816843, 88.828184, 86.907404, 86.985024 ] }, { "date": "2023-09-29", "close": 87.678711, "volume": 800, "typical_volume": 7560.0, "trend": 87.117262, "fair_value": 79.697562, "relative_strength": 9.343436, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.803325, "energy": 34.183592, "activity_lines": [ 89.186171, 88.886916, 87.032659, 87.023728 ] }, { "date": "2023-10-06", "close": 87.678711, "volume": 0, "typical_volume": 7270.0, "trend": 87.1711, "fair_value": 79.763693, "relative_strength": 11.4363, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.905107, "energy": 22.551987, "activity_lines": [ 88.647793, 88.844965, 87.160111, 87.05995 ] }, { "date": "2023-10-13", "close": 87.678711, "volume": 0, "typical_volume": 6715.0, "trend": 87.178791, "fair_value": 79.815152, "relative_strength": 10.10476, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.219493, "energy": 15.215129, "activity_lines": [ 88.186325, 88.702329, 87.291959, 87.092699 ] }, { "date": "2023-10-20", "close": 87.678711, "volume": 0, "typical_volume": 6065.0, "trend": 87.178791, "fair_value": 79.884217, "relative_strength": 13.624443, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 7.845136, "energy": 19.377945, "activity_lines": [ 87.847916, 88.467401, 87.419411, 87.124952 ] }, { "date": "2023-10-27", "close": 83.986977, "volume": 100, "typical_volume": 6070.0, "trend": 87.124953, "fair_value": 79.936953, "relative_strength": 9.269366, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.225217, "energy": 32.250985, "activity_lines": [ 86.448133, 87.590614, 87.191974, 86.919029 ] }, { "date": "2023-11-03", "close": 89.293846, "volume": 700, "typical_volume": 5940.0, "trend": 87.186482, "fair_value": 80.023707, "relative_strength": 13.014313, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 14.128256, "energy": 15.511899, "activity_lines": [ 87.232627, 87.779395, 87.484237, 87.058957 ] }, { "date": "2023-11-10", "close": 88.601654, "volume": 3300, "typical_volume": 5665.0, "trend": 87.140335, "fair_value": 80.110426, "relative_strength": 14.149353, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.655788, "energy": 23.079665, "activity_lines": [ 87.678715, 87.838129, 87.697391, 87.150259 ] }, { "date": "2023-11-17", "close": 87.678711, "volume": 13400, "typical_volume": 5825.0, "trend": 87.048042, "fair_value": 80.170688, "relative_strength": 10.515748, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.241147, "energy": 15.681931, "activity_lines": [ 87.755625, 87.73325, 87.796277, 87.184993 ] }, { "date": "2023-11-24", "close": 87.217247, "volume": 2600, "typical_volume": 5605.0, "trend": 86.886528, "fair_value": 80.226524, "relative_strength": 11.001235, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.424652, "energy": 25.493834, "activity_lines": [ 87.678714, 87.578029, 87.827041, 87.195909 ] }, { "date": "2023-12-01", "close": 86.52504, "volume": 900, "typical_volume": 4930.0, "trend": 86.709632, "fair_value": 80.277924, "relative_strength": 11.075055, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 16.377789, "energy": 11.580359, "activity_lines": [ 87.401832, 87.35149, 87.762216, 87.172587 ] }, { "date": "2023-12-08", "close": 85.14064, "volume": 3300, "typical_volume": 4910.0, "trend": 86.609648, "fair_value": 80.301375, "relative_strength": 8.908036, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.256869, "energy": 33.062949, "activity_lines": [ 86.494278, 86.940364, 87.549062, 87.071362 ] }, { "date": "2023-12-15", "close": 84.909912, "volume": 800, "typical_volume": 4950.0, "trend": 86.48659, "fair_value": 80.323348, "relative_strength": 7.520296, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.660386, "energy": 49.928255, "activity_lines": [ 85.786696, 86.533435, 87.29965, 86.961702 ] }, { "date": "2023-12-22", "close": 84.448441, "volume": 5100, "typical_volume": 5195.0, "trend": 86.409678, "fair_value": 80.365837, "relative_strength": 5.603953, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.068917, "energy": 54.910312, "activity_lines": [ 85.171407, 86.092943, 86.993104, 86.830208 ] }, { "date": "2023-12-29", "close": 84.448441, "volume": 2900, "typical_volume": 4250.0, "trend": 86.325076, "fair_value": 80.408326, "relative_strength": 4.492217, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.747752, "energy": 62.13942, "activity_lines": [ 84.771468, 85.711184, 86.677768, 86.703677 ] }, { "date": "2024-01-05", "close": 85.832848, "volume": 1000, "typical_volume": 4030.0, "trend": 86.28662, "fair_value": 80.45969, "relative_strength": 4.977673, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.029029, "energy": 45.527398, "activity_lines": [ 85.017586, 85.639867, 86.517353, 86.67192 ] }, { "date": "2024-01-12", "close": 85.14064, "volume": 8300, "typical_volume": 3365.0, "trend": 86.240474, "fair_value": 80.506617, "relative_strength": 4.855877, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.910201, "energy": 26.272435, "activity_lines": [ 85.079114, 85.409133, 86.308594, 86.597986 ] }, { "date": "2024-01-19", "close": 84.909912, "volume": 5300, "typical_volume": 2635.0, "trend": 86.302002, "fair_value": 80.552064, "relative_strength": 6.576904, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.703719, "energy": 22.649417, "activity_lines": [ 85.063732, 85.211961, 86.096539, 86.512143 ] }, { "date": "2024-01-26", "close": 85.14064, "volume": 7400, "typical_volume": 3000.0, "trend": 86.386604, "fair_value": 80.601925, "relative_strength": 7.606253, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.647328, "energy": 15.712718, "activity_lines": [ 85.12526, 85.123862, 85.925137, 86.437217 ] }, { "date": "2024-02-02", "close": 86.755775, "volume": 18000, "typical_volume": 3825.0, "trend": 86.578882, "fair_value": 80.659205, "relative_strength": 8.062275, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -31.387693, "energy": 17.83578, "activity_lines": [ 85.67902, 85.375571, 85.928433, 86.461034 ] }, { "date": "2024-02-09", "close": 86.755775, "volume": 3800, "typical_volume": 3885.0, "trend": 86.70194, "fair_value": 80.722354, "relative_strength": 7.461639, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -24.086784, "energy": 14.760018, "activity_lines": [ 86.078957, 85.63567, 85.94821, 86.472447 ] }, { "date": "2024-02-16", "close": 87.217247, "volume": 8600, "typical_volume": 4275.0, "trend": 86.871144, "fair_value": 80.788461, "relative_strength": 7.826233, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -12.456196, "energy": 15.296505, "activity_lines": [ 86.57119, 85.975478, 86.028417, 86.505692 ] }, { "date": "2024-02-23", "close": 87.678711, "volume": 7600, "typical_volume": 4655.0, "trend": 87.055731, "fair_value": 80.881001, "relative_strength": 7.141598, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.658507, "energy": 22.643628, "activity_lines": [ 87.078804, 86.361432, 86.154771, 86.557793 ] }, { "date": "2024-03-01", "close": 87.011864, "volume": 18200, "typical_volume": 5565.0, "trend": 87.202707, "fair_value": 80.969266, "relative_strength": 8.367011, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -3.805359, "energy": 15.39469, "activity_lines": [ 87.179549, 86.5758, 86.217616, 86.554963 ] }, { "date": "2024-03-08", "close": 86.54026, "volume": 8300, "typical_volume": 5980.0, "trend": 87.110921, "fair_value": 81.036902, "relative_strength": 6.003408, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -5.246806, "energy": 12.670274, "activity_lines": [ 86.998344, 86.657813, 86.238722, 86.512225 ] }, { "date": "2024-03-15", "close": 87.247673, "volume": 15800, "typical_volume": 6765.0, "trend": 87.035024, "fair_value": 81.11054, "relative_strength": 6.654612, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.958145, "energy": 14.035635, "activity_lines": [ 87.067311, 86.830415, 86.332621, 86.521047 ] }, { "date": "2024-03-22", "close": 86.776062, "volume": 3700, "typical_volume": 6915.0, "trend": 86.958789, "fair_value": 81.185557, "relative_strength": 6.193845, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.639218, "energy": 7.212288, "activity_lines": [ 86.946281, 86.891544, 86.366078, 86.50434 ] }, { "date": "2024-03-29", "close": 88.662498, "volume": 700, "typical_volume": 6785.0, "trend": 86.953127, "fair_value": 81.269731, "relative_strength": 8.353928, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.283203, "energy": 15.230416, "activity_lines": [ 87.483476, 87.265927, 86.591185, 86.614257 ] }, { "date": "2024-04-05", "close": 86.068649, "volume": 5000, "typical_volume": 6365.0, "trend": 86.837929, "fair_value": 81.334344, "relative_strength": 5.122095, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.704143, "energy": 5.099028, "activity_lines": [ 87.090469, 87.100472, 86.568969, 86.557194 ] }, { "date": "2024-04-12", "close": 87.719276, "volume": 10700, "typical_volume": 6770.0, "trend": 86.754679, "fair_value": 81.411005, "relative_strength": 5.327194, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.798921, "energy": 13.637995, "activity_lines": [ 87.310551, 87.218258, 86.711623, 86.614055 ] }, { "date": "2024-04-19", "close": 87.719276, "volume": 0, "typical_volume": 6725.0, "trend": 86.671429, "fair_value": 81.474461, "relative_strength": 10.133996, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.774262, "energy": 29.241159, "activity_lines": [ 87.452033, 87.318527, 86.851886, 86.676287 ] }, { "date": "2024-04-26", "close": 85.832848, "volume": 1300, "typical_volume": 6625.0, "trend": 86.6099, "fair_value": 81.544899, "relative_strength": 5.459163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.113167, "energy": 10.88056, "activity_lines": [ 86.933265, 87.05829, 86.806802, 86.622185 ] }, { "date": "2024-05-03", "close": 85.832848, "volume": 500, "typical_volume": 6610.0, "trend": 86.548371, "fair_value": 81.596262, "relative_strength": 4.597987, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.58064, "energy": 3.918513, "activity_lines": [ 86.477377, 86.823223, 86.758422, 86.572052 ] }, { "date": "2024-05-10", "close": 87.719276, "volume": 1300, "typical_volume": 6420.0, "trend": 86.549723, "fair_value": 81.677325, "relative_strength": 6.486542, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.920614, "energy": 15.104056, "activity_lines": [ 86.838943, 86.964705, 86.885307, 86.647595 ] }, { "date": "2024-05-17", "close": 86.54026, "volume": 48100, "typical_volume": 8680.0, "trend": 86.511775, "fair_value": 81.75083, "relative_strength": 4.09947, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.324086, "energy": 9.928096, "activity_lines": [ 86.697461, 86.878959, 86.884329, 86.646984 ] }, { "date": "2024-05-24", "close": 86.776062, "volume": 400, "typical_volume": 8650.0, "trend": 86.604744, "fair_value": 81.822912, "relative_strength": 5.541675, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.124842, "energy": 7.585993, "activity_lines": [ 86.713181, 86.836085, 86.895848, 86.664035 ] }, { "date": "2024-05-31", "close": 86.304451, "volume": 2100, "typical_volume": 8340.0, "trend": 86.505098, "fair_value": 81.877299, "relative_strength": 6.187851, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.209903, "energy": 5.19545, "activity_lines": [ 86.634579, 86.716039, 86.85796, 86.644661 ] }, { "date": "2024-06-07", "close": 85.832848, "volume": 3100, "typical_volume": 8230.0, "trend": 86.412804, "fair_value": 81.922794, "relative_strength": 6.344687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.282058, "energy": 11.560642, "activity_lines": [ 86.367335, 86.518821, 86.769615, 86.60129 ] }, { "date": "2024-06-14", "close": 86.776062, "volume": 14100, "typical_volume": 8565.0, "trend": 86.382716, "fair_value": 81.986072, "relative_strength": 9.288295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.24985, "energy": 9.797554, "activity_lines": [ 86.414496, 86.544545, 86.766705, 86.624726 ] }, { "date": "2024-06-21", "close": 83.710602, "volume": 9200, "typical_volume": 8125.0, "trend": 86.265828, "fair_value": 82.015029, "relative_strength": 5.143422, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.364321, "energy": 32.069704, "activity_lines": [ 85.502718, 86.000051, 86.464059, 86.452332 ] }, { "date": "2024-06-28", "close": 86.304451, "volume": 600, "typical_volume": 7965.0, "trend": 86.258475, "fair_value": 82.063547, "relative_strength": 8.465859, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.148041, "energy": 25.038285, "activity_lines": [ 85.6442, 86.000051, 86.422947, 86.454824 ] }, { "date": "2024-07-05", "close": 84.889626, "volume": 7600, "typical_volume": 7915.0, "trend": 86.250108, "fair_value": 82.120602, "relative_strength": 5.447058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.249027, "energy": 27.308185, "activity_lines": [ 85.345514, 85.768533, 86.249239, 86.366511 ] }, { "date": "2024-07-12", "close": 85.832848, "volume": 5200, "typical_volume": 7795.0, "trend": 86.280872, "fair_value": 82.183703, "relative_strength": 4.695093, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.080208, "energy": 23.588182, "activity_lines": [ 85.455558, 85.725661, 86.176445, 86.339591 ] }, { "date": "2024-07-19", "close": 84.889626, "volume": 5300, "typical_volume": 7150.0, "trend": 86.295578, "fair_value": 82.251029, "relative_strength": 4.365814, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.884383, "energy": 23.341655, "activity_lines": [ 85.251194, 85.511293, 86.022611, 86.249833 ] }, { "date": "2024-07-26", "close": 84.889626, "volume": 2100, "typical_volume": 6840.0, "trend": 86.310285, "fair_value": 82.311018, "relative_strength": 4.776401, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.190188, "energy": 28.214788, "activity_lines": [ 85.172592, 85.348373, 85.878882, 86.159126 ] }, { "date": "2024-08-02", "close": 85.832848, "volume": 3000, "typical_volume": 6200.0, "trend": 86.310285, "fair_value": 82.377054, "relative_strength": 5.095408, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.619658, "energy": 21.678541, "activity_lines": [ 85.329796, 85.38696, 85.832845, 86.128324 ] }, { "date": "2024-08-09", "close": 87.011864, "volume": 1900, "typical_volume": 6110.0, "trend": 86.372659, "fair_value": 82.430107, "relative_strength": 7.557496, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.754153, "energy": 10.245811, "activity_lines": [ 85.911446, 85.657063, 85.905831, 86.173587 ] }, { "date": "2024-08-16", "close": 84.889626, "volume": 3400, "typical_volume": 6245.0, "trend": 86.371983, "fair_value": 82.457818, "relative_strength": 4.256715, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -38.118933, "energy": 15.280343, "activity_lines": [ 85.644201, 85.528442, 85.775578, 86.077908 ] }, { "date": "2024-08-23", "close": 86.068649, "volume": 3600, "typical_volume": 6175.0, "trend": 86.402916, "fair_value": 82.498955, "relative_strength": 1.456809, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -28.489221, "energy": 13.562901, "activity_lines": [ 85.832844, 85.631339, 85.775578, 86.058338 ] }, { "date": "2024-08-30", "close": 85.832848, "volume": 2500, "typical_volume": 5765.0, "trend": 86.372152, "fair_value": 82.537114, "relative_strength": 0.672404, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -26.790117, "energy": 12.363208, "activity_lines": [ 85.864286, 85.704224, 85.75312, 86.021559 ] }, { "date": "2024-09-06", "close": 86.068649, "volume": 1800, "typical_volume": 5855.0, "trend": 86.349248, "fair_value": 82.576785, "relative_strength": -3.970997, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -15.224003, "energy": 6.734466, "activity_lines": [ 85.911447, 85.781397, 85.762103, 86.001978 ] }, { "date": "2024-09-13", "close": 87.247673, "volume": 13300, "typical_volume": 6455.0, "trend": 86.350262, "fair_value": 82.625481, "relative_strength": -2.515463, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": 1.14069, "energy": 7.694665, "activity_lines": [ 86.335895, 86.077224, 85.891235, 86.059941 ] }, { "date": "2024-09-20", "close": 86.068649, "volume": 700, "typical_volume": 6465.0, "trend": 86.296593, "fair_value": 82.672487, "relative_strength": -5.642358, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 7.373913, "energy": 12.648012, "activity_lines": [ 86.351615, 86.11581, 85.90134, 86.041773 ] }, { "date": "2024-09-27", "close": 85.832848, "volume": 5800, "typical_volume": 6690.0, "trend": 86.257293, "fair_value": 82.723851, "relative_strength": -5.789455, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -12.069976, "energy": 12.640575, "activity_lines": [ 86.210133, 86.107236, 85.887866, 86.011853 ] }, { "date": "2024-10-04", "close": 85.597038, "volume": 7700, "typical_volume": 4670.0, "trend": 86.225852, "fair_value": 82.776637, "relative_strength": -5.615758, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -28.989097, "energy": 14.544806, "activity_lines": [ 86.005768, 86.038638, 85.860917, 85.969256 ] }, { "date": "2024-10-11", "close": 85.361237, "volume": 4400, "typical_volume": 4870.0, "trend": 86.162971, "fair_value": 82.819109, "relative_strength": -7.463611, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -39.981397, "energy": 21.828871, "activity_lines": [ 85.738523, 85.914305, 85.816002, 85.913475 ] }, { "date": "2024-10-18", "close": 84.653816, "volume": 11800, "typical_volume": 5355.0, "trend": 86.092229, "fair_value": 82.86585, "relative_strength": -9.282966, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -63.195455, "energy": 47.892757, "activity_lines": [ 85.282632, 85.669925, 85.710451, 85.81611 ] }, { "date": "2024-10-25", "close": 84.889626, "volume": 2500, "typical_volume": 5325.0, "trend": 85.966467, "fair_value": 82.927306, "relative_strength": -7.318284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.89567, "energy": 52.772511, "activity_lines": [ 85.078269, 85.511292, 85.635218, 85.738523 ] }, { "date": "2024-11-01", "close": 84.889626, "volume": 1000, "typical_volume": 4670.0, "trend": 85.927166, "fair_value": 82.988763, "relative_strength": -7.225634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.670156, "energy": 58.183971, "activity_lines": [ 84.952506, 85.35266, 85.564476, 85.669049 ] }, { "date": "2024-11-08", "close": 85.832848, "volume": 3100, "typical_volume": 4365.0, "trend": 85.864285, "fair_value": 83.051864, "relative_strength": -6.078951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.741079, "energy": 41.220451, "activity_lines": [ 85.204033, 85.38696, 85.592549, 85.662964 ] }, { "date": "2024-11-15", "close": 91.256348, "volume": 15000, "typical_volume": 5085.0, "trend": 85.982188, "fair_value": 83.143863, "relative_strength": 1.341097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.250422, "energy": 66.643429, "activity_lines": [ 87.247672, 86.40735, 86.127039, 86.010839 ] }, { "date": "2024-11-22", "close": 91.492149, "volume": 6200, "typical_volume": 5015.0, "trend": 86.170831, "fair_value": 83.241774, "relative_strength": 1.3187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.011518, "energy": 90.276694, "activity_lines": [ 88.976904, 87.376291, 86.660406, 86.36632 ] }, { "date": "2024-11-29", "close": 90.313126, "volume": 400, "typical_volume": 4775.0, "trend": 86.320174, "fair_value": 83.345333, "relative_strength": 1.30928, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.743117, "energy": 89.498591, "activity_lines": [ 89.857239, 88.053693, 87.050044, 86.633565 ] }, { "date": "2024-12-06", "close": 91.256348, "volume": 4300, "typical_volume": 4725.0, "trend": 86.438076, "fair_value": 83.456405, "relative_strength": 0.608535, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.359019, "energy": 91.45519, "activity_lines": [ 90.690416, 88.825417, 87.508179, 86.952028 ] }, { "date": "2024-12-13", "close": 89.134109, "volume": 1000, "typical_volume": 4670.0, "trend": 86.524538, "fair_value": 83.546537, "relative_strength": -0.375858, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.291253, "energy": 85.22557, "activity_lines": [ 90.391731, 89.11267, 87.733878, 87.125966 ] }, { "date": "2024-12-20", "close": 86.068649, "volume": 1200, "typical_volume": 4580.0, "trend": 86.500957, "fair_value": 83.624355, "relative_strength": 0.799821, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.461698, "energy": 36.44368, "activity_lines": [ 88.851142, 88.778257, 87.647416, 87.096554 ] }, { "date": "2024-12-27", "close": 86.776062, "volume": 2500, "typical_volume": 4610.0, "trend": 86.516678, "fair_value": 83.693502, "relative_strength": -1.079684, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.692973, "energy": 19.894469, "activity_lines": [ 87.892204, 88.559602, 87.627204, 87.114302 ] }, { "date": "2025-01-03", "close": 86.776062, "volume": 2700, "typical_volume": 4575.0, "trend": 86.548118, "fair_value": 83.749445, "relative_strength": 0.034712, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.068837, "energy": 26.403533, "activity_lines": [ 87.247671, 88.30236, 87.608115, 87.131037 ] }, { "date": "2025-01-10", "close": 86.304451, "volume": 3700, "typical_volume": 4580.0, "trend": 86.532398, "fair_value": 83.808234, "relative_strength": 0.622473, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.759821, "energy": 26.30708, "activity_lines": [ 86.68174, 87.925073, 87.535128, 87.115316 ] }, { "date": "2025-01-17", "close": 85.597038, "volume": 2300, "typical_volume": 4570.0, "trend": 86.595279, "fair_value": 83.865422, "relative_strength": 1.758522, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.401389, "energy": 27.945651, "activity_lines": [ 86.21013, 87.39344, 87.393645, 87.054971 ] }, { "date": "2025-01-24", "close": 87.955078, "volume": 5000, "typical_volume": 4730.0, "trend": 86.6503, "fair_value": 83.943594, "relative_strength": 3.437535, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.598227, "energy": 14.870369, "activity_lines": [ 86.760339, 87.29483, 87.47786, 87.142699 ] }, { "date": "2025-01-31", "close": 86.54026, "volume": 2900, "typical_volume": 4210.0, "trend": 86.705321, "fair_value": 84.01123, "relative_strength": 4.73617, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.831453, "energy": 10.49712, "activity_lines": [ 86.713179, 86.999003, 87.418348, 87.1356 ] }, { "date": "2025-02-07", "close": 85.125435, "volume": 4700, "typical_volume": 4410.0, "trend": 86.68174, "fair_value": 84.081535, "relative_strength": 5.502062, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.365042, "energy": 19.065881, "activity_lines": [ 86.210132, 86.53597, 87.227459, 87.033672 ] }, { "date": "2025-02-14", "close": 88.190887, "volume": 600, "typical_volume": 4150.0, "trend": 86.791782, "fair_value": 84.158284, "relative_strength": 9.944239, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 11.868628, "energy": 6.698436, "activity_lines": [ 86.838943, 86.724613, 87.333009, 87.131036 ] }, { "date": "2025-02-21", "close": 84.889626, "volume": 7500, "typical_volume": 4140.0, "trend": 86.791782, "fair_value": 84.228544, "relative_strength": 7.849419, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.227444, "energy": 20.44485, "activity_lines": [ 86.241572, 86.368763, 87.112925, 87.008317 ] }, { "date": "2025-02-28", "close": 84.418015, "volume": 41000, "typical_volume": 5970.0, "trend": 86.744621, "fair_value": 84.297248, "relative_strength": 10.816794, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.661284, "energy": 35.036478, "activity_lines": [ 85.534158, 86.004338, 86.851294, 86.85517 ] }, { "date": "2025-03-07", "close": 89.193222, "volume": 2200, "typical_volume": 5490.0, "trend": 86.817333, "fair_value": 84.405366, "relative_strength": 16.831598, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 20.722039, "energy": 9.60222, "activity_lines": [ 86.654284, 86.538143, 87.048937, 87.013145 ] }, { "date": "2025-03-14", "close": 87.254242, "volume": 500, "typical_volume": 5390.0, "trend": 86.896154, "fair_value": 84.509857, "relative_strength": 16.642233, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.040211, "energy": 2.130983, "activity_lines": [ 86.951219, 86.675459, 87.040298, 87.041332 ] }, { "date": "2025-03-21", "close": 89.677971, "volume": 300, "typical_volume": 5355.0, "trend": 87.016465, "fair_value": 84.629884, "relative_strength": 18.12991, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.039426, "energy": 28.421337, "activity_lines": [ 87.914143, 87.244758, 87.251231, 87.220804 ] }, { "date": "2025-03-28", "close": 85.315254, "volume": 2200, "typical_volume": 5310.0, "trend": 86.999211, "fair_value": 84.707274, "relative_strength": 13.169841, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.66653, "energy": 12.270587, "activity_lines": [ 87.323689, 86.959499, 87.023865, 87.111049 ] }, { "date": "2025-04-04", "close": 85.072884, "volume": 2300, "typical_volume": 4675.0, "trend": 86.966019, "fair_value": 84.78311, "relative_strength": 17.427902, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.707724, "energy": 9.608586, "activity_lines": [ 86.62407, 86.635296, 86.775881, 86.98677 ] }, { "date": "2025-04-11", "close": 84.345764, "volume": 5300, "typical_volume": 4630.0, "trend": 86.869289, "fair_value": 84.860154, "relative_strength": 15.656868, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.291684, "energy": 36.731159, "activity_lines": [ 85.63842, 86.231293, 86.488092, 86.817721 ] }, { "date": "2025-04-18", "close": 84.345764, "volume": 0, "typical_volume": 4610.0, "trend": 86.811859, "fair_value": 84.937198, "relative_strength": 13.166669, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.037689, "energy": 49.272594, "activity_lines": [ 84.975934, 85.86719, 86.234334, 86.654913 ] }, { "date": "2025-04-25", "close": 82.406784, "volume": 2000, "typical_volume": 4495.0, "trend": 86.697657, "fair_value": 84.995944, "relative_strength": 9.537398, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.058648, "energy": 66.154525, "activity_lines": [ 83.861019, 85.164722, 85.824327, 86.370714 ] }, { "date": "2025-05-02", "close": 83.376274, "volume": 800, "typical_volume": 4485.0, "trend": 86.623632, "fair_value": 85.060904, "relative_strength": 6.912531, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.213521, "energy": 64.419881, "activity_lines": [ 83.554014, 84.743689, 85.548793, 86.156432 ] }, { "date": "2025-05-09", "close": 91.859322, "volume": 10900, "typical_volume": 4970.0, "trend": 86.840235, "fair_value": 85.147965, "relative_strength": 16.217379, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.77691, "energy": 5.618653, "activity_lines": [ 86.203957, 85.892544, 86.108587, 86.494218 ] }, { "date": "2025-05-16", "close": 81.922035, "volume": 600, "typical_volume": 4875.0, "trend": 86.749175, "fair_value": 85.168391, "relative_strength": 4.777144, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.374215, "energy": 27.689733, "activity_lines": [ 85.089041, 85.099324, 85.694398, 86.176915 ] }, { "date": "2025-05-23", "close": 82.406784, "volume": 1600, "typical_volume": 4820.0, "trend": 86.666414, "fair_value": 85.202194, "relative_strength": 6.933153, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.2602, "energy": 26.708049, "activity_lines": [ 84.297291, 84.526443, 85.34949, 85.896761 ] }, { "date": "2025-05-30", "close": 82.406784, "volume": 1500, "typical_volume": 4710.0, "trend": 86.583652, "fair_value": 85.231596, "relative_strength": 9.219463, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.101713, "energy": 28.814269, "activity_lines": [ 83.634805, 84.041698, 85.025388, 85.621946 ] }, { "date": "2025-06-06", "close": 82.406784, "volume": 200, "typical_volume": 4605.0, "trend": 86.46945, "fair_value": 85.272735, "relative_strength": 10.183087, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.694092, "energy": 61.109828, "activity_lines": [ 82.97232, 83.689156, 84.719847, 85.35247 ] }, { "date": "2025-06-13", "close": 82.406784, "volume": 2800, "typical_volume": 4495.0, "trend": 86.174465, "fair_value": 85.324145, "relative_strength": 11.303402, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.497597, "energy": 60.173252, "activity_lines": [ 82.374467, 83.389495, 84.429497, 85.090363 ] }, { "date": "2025-06-20", "close": 81.922035, "volume": 3200, "typical_volume": 4510.0, "trend": 85.855461, "fair_value": 85.379783, "relative_strength": 15.928252, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.401243, "energy": 58.512063, "activity_lines": [ 82.245201, 83.050172, 84.119401, 84.816012 ] }, { "date": "2025-06-27", "close": 82.406784, "volume": 3800, "typical_volume": 4465.0, "trend": 85.591916, "fair_value": 85.438529, "relative_strength": 14.694489, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.720289, "energy": 47.601673, "activity_lines": [ 82.277518, 82.843054, 83.877463, 84.593517 ] }, { "date": "2025-07-04", "close": 82.406784, "volume": 0, "typical_volume": 4435.0, "trend": 85.296931, "fair_value": 85.494341, "relative_strength": 10.567622, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.636298, "energy": 37.12856, "activity_lines": [ 82.309834, 82.67119, 83.648471, 84.388025 ] }, { "date": "2025-07-11", "close": 77.559326, "volume": 400, "typical_volume": 4080.0, "trend": 84.911105, "fair_value": 85.516144, "relative_strength": 3.810915, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.611634, "energy": 64.229114, "activity_lines": [ 80.726331, 81.61797, 82.985359, 83.888824 ] }, { "date": "2025-07-18", "close": 77.559326, "volume": 0, "typical_volume": 2030.0, "trend": 84.627461, "fair_value": 85.537948, "relative_strength": -3.536248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.699803, "energy": 75.24488, "activity_lines": [ 79.465993, 80.670512, 82.357154, 83.414516 ] }, { "date": "2025-07-25", "close": 77.559326, "volume": 0, "typical_volume": 1920.0, "trend": 84.320236, "fair_value": 85.559751, "relative_strength": -4.340355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.818172, "energy": 82.580534, "activity_lines": [ 78.528818, 79.983055, 81.761609, 82.958507 ] }, { "date": "2025-08-01", "close": 85.315254, "volume": 100, "typical_volume": 1900.0, "trend": 84.271543, "fair_value": 85.625403, "relative_strength": 4.982496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.631618, "energy": 39.519395, "activity_lines": [ 80.467799, 80.785088, 81.960124, 83.022702 ] }, { "date": "2025-08-08", "close": 85.557625, "volume": 2000, "typical_volume": 1985.0, "trend": 84.246648, "fair_value": 85.680872, "relative_strength": 1.848613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.479421, "energy": 10.643605, "activity_lines": [ 82.293673, 81.578307, 82.190955, 83.105675 ] }, { "date": "2025-08-15", "close": 80.467796, "volume": 100, "typical_volume": 1880.0, "trend": 84.075674, "fair_value": 85.691975, "relative_strength": -4.202298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.211711, "energy": 31.743301, "activity_lines": [ 82.212881, 81.388815, 81.956661, 82.861878 ] }, { "date": "2025-08-22", "close": 80.952545, "volume": 4200, "typical_volume": 1975.0, "trend": 83.842256, "fair_value": 85.706186, "relative_strength": -3.191172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.739071, "energy": 34.100616, "activity_lines": [ 82.099775, 81.322713, 81.791616, 82.660386 ] }, { "date": "2025-08-29", "close": 79.740677, "volume": 19000, "typical_volume": 2660.0, "trend": 83.615603, "fair_value": 85.705293, "relative_strength": -3.383416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.036613, "energy": 24.368504, "activity_lines": [ 81.356497, 81.062713, 81.530777, 82.395768 ] }, { "date": "2025-09-05", "close": 81.437286, "volume": 100, "typical_volume": 2665.0, "trend": 83.492665, "fair_value": 85.694734, "relative_strength": -3.640807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.930905, "energy": 33.540892, "activity_lines": [ 81.033333, 81.150848, 81.453448, 82.255232 ] }, { "date": "2025-09-12", "close": 82.649155, "volume": 11400, "typical_volume": 3135.0, "trend": 83.30794, "fair_value": 85.708083, "relative_strength": -4.458085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.774416, "energy": 22.311423, "activity_lines": [ 81.372656, 81.47695, 81.505385, 82.200812 ] }, { "date": "2025-09-19", "close": 82.406784, "volume": 1900, "typical_volume": 3190.0, "trend": 83.225179, "fair_value": 85.719879, "relative_strength": -4.794004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.067933, "energy": 10.213243, "activity_lines": [ 81.825086, 81.754577, 81.533085, 82.142672 ] }, { "date": "2025-09-26", "close": 80.710175, "volume": 5000, "typical_volume": 2895.0, "trend": 83.101584, "fair_value": 85.722266, "relative_strength": -5.840932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.957042, "energy": 14.953288, "activity_lines": [ 81.582715, 81.635595, 81.40382, 81.980414 ] }, { "date": "2025-10-03", "close": 80.710175, "volume": 0, "typical_volume": 2865.0, "trend": 82.818816, "fair_value": 85.729054, "relative_strength": -7.00663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.124838, "energy": 14.218301, "activity_lines": [ 81.356502, 81.459325, 81.327646, 81.82613 ] }, { "date": "2025-10-10", "close": 80.710175, "volume": 0, "typical_volume": 2785.0, "trend": 82.600681, "fair_value": 85.741712, "relative_strength": -6.651928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.955779, "energy": 22.999274, "activity_lines": [ 81.065655, 81.225766, 81.257242, 81.690088 ] }, { "date": "2025-10-17", "close": 82.406784, "volume": 800, "typical_volume": 2750.0, "trend": 82.358308, "fair_value": 85.765245, "relative_strength": -3.97992, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.966685, "energy": 10.53623, "activity_lines": [ 81.388819, 81.384411, 81.3565, 81.677579 ] }, { "date": "2025-10-24", "close": 80.467796, "volume": 100, "typical_volume": 2745.0, "trend": 82.196726, "fair_value": 85.777816, "relative_strength": -9.127647, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.165887, "energy": 22.711771, "activity_lines": [ 81.081811, 81.2478, 81.271092, 81.55561 ] }, { "date": "2025-10-31", "close": 80.467796, "volume": 1100, "typical_volume": 2660.0, "trend": 82.043223, "fair_value": 85.791854, "relative_strength": -8.911838, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.748671, "energy": 24.408006, "activity_lines": [ 80.904069, 81.111189, 81.194917, 81.444066 ] }, { "date": "2025-11-07", "close": 80.467796, "volume": 2500, "typical_volume": 2625.0, "trend": 81.913957, "fair_value": 85.751605, "relative_strength": -8.533483, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.273732, "energy": 22.241214, "activity_lines": [ 80.742486, 80.983392, 81.127976, 81.342426 ] }, { "date": "2025-11-14", "close": 80.467796, "volume": 0, "typical_volume": 2435.0, "trend": 81.784692, "fair_value": 85.721628, "relative_strength": -6.112322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.051422, "energy": 34.971751, "activity_lines": [ 80.597062, 80.842374, 81.06796, 81.249125 ] }, { "date": "2025-11-21", "close": 78.528816, "volume": 3600, "typical_volume": 2615.0, "trend": 81.655426, "fair_value": 85.67922, "relative_strength": -7.271908, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.956863, "energy": 51.403137, "activity_lines": [ 79.821469, 80.366442, 80.832512, 81.039069 ] }, { "date": "2025-11-28", "close": 78.528816, "volume": 600, "typical_volume": 2625.0, "trend": 81.493844, "fair_value": 85.636813, "relative_strength": -7.420405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.925742, "energy": 58.522953, "activity_lines": [ 79.304408, 79.965425, 80.61553, 80.837352 ] }, { "date": "2025-12-05", "close": 79.498306, "volume": 400, "typical_volume": 2645.0, "trend": 81.08181, "fair_value": 85.599153, "relative_strength": -7.522625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.158288, "energy": 54.684356, "activity_lines": [ 79.239775, 79.811188, 80.486265, 80.708608 ] }, { "date": "2025-12-12", "close": 79.498306, "volume": 1000, "typical_volume": 2695.0, "trend": 81.001019, "fair_value": 85.562961, "relative_strength": -6.10244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.620047, "energy": 57.936768, "activity_lines": [ 79.239775, 79.678984, 80.347766, 80.606446 ] }, { "date": "2025-12-19", "close": 79.013557, "volume": 100, "typical_volume": 2695.0, "trend": 80.887912, "fair_value": 85.522194, "relative_strength": -6.533955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.196407, "energy": 53.189987, "activity_lines": [ 79.142825, 79.480678, 80.153867, 80.478223 ] }, { "date": "2025-12-26", "close": 79.013557, "volume": 0, "typical_volume": 2595.0, "trend": 80.774804, "fair_value": 85.484361, "relative_strength": -7.079899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.586367, "energy": 54.15279, "activity_lines": [ 79.142824, 79.31322, 79.989977, 80.357297 ] }, { "date": "2026-01-02", "close": 78.528816, "volume": 300, "typical_volume": 2605.0, "trend": 80.645538, "fair_value": 85.441954, "relative_strength": -7.672224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.620874, "energy": 57.764853, "activity_lines": [ 78.948926, 79.119322, 79.811083, 80.212394 ] }, { "date": "2026-01-09", "close": 79.255936, "volume": 4000, "typical_volume": 2595.0, "trend": 80.54051, "fair_value": 85.404208, "relative_strength": -6.405637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.189313, "energy": 41.668408, "activity_lines": [ 78.997402, 79.092882, 79.710671, 80.122742 ] }, { "date": "2026-01-16", "close": 78.528816, "volume": 3000, "typical_volume": 1795.0, "trend": 80.427403, "fair_value": 85.350063, "relative_strength": -8.768673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.070804, "energy": 50.585536, "activity_lines": [ 78.819663, 78.956272, 79.549089, 79.992956 ] }, { "date": "2026-01-23", "close": 78.528816, "volume": 1000, "typical_volume": 1840.0, "trend": 80.298137, "fair_value": 85.297385, "relative_strength": -11.329402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.952715, "energy": 52.875147, "activity_lines": [ 78.706556, 78.854917, 79.393278, 79.870466 ] }, { "date": "2026-01-30", "close": 87.011864, "volume": 400, "typical_volume": 1290.0, "trend": 80.45164, "fair_value": 85.274144, "relative_strength": -2.577646, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.021797, "energy": 54.277712, "activity_lines": [ 81.453448, 80.331188, 80.059226, 80.30361 ] }, { "date": "2026-02-06", "close": 87.011864, "volume": 100, "typical_volume": 1200.0, "trend": 80.766725, "fair_value": 85.245033, "relative_strength": -4.562218, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.674633, "energy": 83.346134, "activity_lines": [ 83.667119, 81.653221, 80.7044, 80.72685 ] }, { "date": "2026-02-13", "close": 81.922035, "volume": 3100, "typical_volume": 1105.0, "trend": 80.912148, "fair_value": 85.214107, "relative_strength": -14.650342, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.593965, "energy": 71.301888, "activity_lines": [ 83.618645, 81.895594, 80.842898, 80.801386 ] }, { "date": "2026-02-20", "close": 82.406784, "volume": 500, "typical_volume": 1130.0, "trend": 81.07373, "fair_value": 85.184821, "relative_strength": -16.709121, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.902669, "energy": 70.628783, "activity_lines": [ 83.554013, 82.182036, 81.021793, 80.897814 ] }, { "date": "2026-02-27", "close": 81.679665, "volume": 5100, "typical_volume": 1385.0, "trend": 80.952544, "fair_value": 85.153761, "relative_strength": -19.681264, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.489227, "energy": 51.900814, "activity_lines": [ 82.988477, 82.283392, 81.123359, 80.936907 ] }, { "date": "2026-03-06", "close": 83.25, "volume": 400, "typical_volume": 1365.0, "trend": 80.875623, "fair_value": 85.135725, "relative_strength": -10.903596, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.815123, "energy": 34.668039, "activity_lines": [ 82.73633, 82.621789, 81.369864, 81.08513 ] }, { "date": "2026-03-13", "close": 82.5, "volume": 600, "typical_volume": 1390.0, "trend": 80.943363, "fair_value": 85.104007, "relative_strength": -11.235268, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 41.571098, "energy": 25.933344, "activity_lines": [ 82.484973, 82.746797, 81.540925, 81.189928 ] }, { "date": "2026-03-20", "close": 82.75, "volume": 100, "typical_volume": 1340.0, "trend": 81.003278, "fair_value": 85.072413, "relative_strength": -11.977445, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.215392, "energy": 25.634254, "activity_lines": [ 82.617741, 82.845055, 81.726119, 81.306486 ] }, { "date": "2026-03-27", "close": 82.75, "volume": 0, "typical_volume": 1215.0, "trend": 81.103589, "fair_value": 85.05413, "relative_strength": -12.437536, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.215318, "energy": 28.626692, "activity_lines": [ 82.695311, 82.879785, 81.900445, 81.419177 ] }, { "date": "2026-04-03", "close": 82.75, "volume": 100, "typical_volume": 1220.0, "trend": 81.147346, "fair_value": 85.024015, "relative_strength": -12.373713, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.256872, "energy": 26.978341, "activity_lines": [ 82.75, 82.837767, 82.063903, 81.525397 ] }, { "date": "2026-04-10", "close": 82.75, "volume": 0, "typical_volume": 1040.0, "trend": 81.150708, "fair_value": 84.97763, "relative_strength": -14.947481, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.822202, "energy": 29.628629, "activity_lines": [ 82.733333, 82.718999, 82.216494, 81.628795 ] }, { "date": "2026-04-17", "close": 82.75, "volume": 0, "typical_volume": 1010.0, "trend": 81.162148, "fair_value": 84.928287, "relative_strength": -13.09613, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.77232, "energy": 27.000923, "activity_lines": [ 82.75, 82.67772, 82.348984, 81.731975 ] }, { "date": "2026-04-24", "close": 81.5, "volume": 1100, "typical_volume": 1045.0, "trend": 81.188476, "fair_value": 84.860578, "relative_strength": -12.463462, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.205173, "energy": 13.534717, "activity_lines": [ 82.333333, 82.486657, 82.342325, 81.753772 ] }, { "date": "2026-05-01", "close": 81.5, "volume": 0, "typical_volume": 995.0, "trend": 81.214803, "fair_value": 84.794348, "relative_strength": -14.280283, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.323448, "energy": 13.708819, "activity_lines": [ 82.0, 82.303267, 82.326135, 81.77387 ] }, { "date": "2026-05-08", "close": 84.0, "volume": 100, "typical_volume": 995.0, "trend": 81.324464, "fair_value": 84.767808, "relative_strength": -11.512374, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.155472, "energy": 26.283984, "activity_lines": [ 82.583333, 82.590909, 82.538507, 81.95356 ] }, { "date": "2026-05-15", "close": 84.0, "volume": 0, "typical_volume": 995.0, "trend": 81.377571, "fair_value": 84.73831, "relative_strength": -12.186196, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 73.582016, "energy": 62.798158, "activity_lines": [ 83.083333, 82.836364, 82.727135, 82.126175 ] }, { "date": "2026-05-22", "close": 84.0, "volume": 0, "typical_volume": 980.0, "trend": 81.495311, "fair_value": 84.720645, "relative_strength": -12.95807, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.464815, "energy": 79.957699, "activity_lines": [ 83.5, 83.068182, 82.892018, 82.295364 ] }, { "date": "2026-05-29", "close": 84.0, "volume": 1100, "typical_volume": 835.0, "trend": 81.613052, "fair_value": 84.701501, "relative_strength": -14.128479, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.742764, "energy": 85.678627, "activity_lines": [ 83.833333, 83.272727, 83.030848, 82.456957 ] }, { "date": "2026-06-05", "close": 83.25, "volume": 300, "typical_volume": 700.0, "trend": 81.705792, "fair_value": 84.677549, "relative_strength": -15.139455, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.421165, "energy": 77.878631, "activity_lines": [ 83.75, 83.318182, 83.075658, 82.562567 ] }, { "date": "2026-06-12", "close": 83.5, "volume": 2000, "typical_volume": 750.0, "trend": 81.806865, "fair_value": 84.658157, "relative_strength": -14.855205, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.718208, "energy": 62.618596, "activity_lines": [ 83.633333, 83.4, 83.121796, 82.678322 ] }, { "date": "2026-06-19", "close": 83.5, "volume": 0, "typical_volume": 730.0, "trend": 81.972571, "fair_value": 84.660952, "relative_strength": -13.136134, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.131201, "energy": 42.8921, "activity_lines": [ 83.55, 83.468182, 83.144262, 82.787556 ] }, { "date": "2026-06-26", "close": 84.0, "volume": 600, "typical_volume": 755.0, "trend": 82.154944, "fair_value": 84.66991, "relative_strength": -10.295719, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.365294, "energy": 41.57493, "activity_lines": [ 83.666667, 83.613636, 83.23107, 82.918358 ] }, { "date": "2026-07-03", "close": 83.25, "volume": 4200, "typical_volume": 810.0, "trend": 82.280001, "fair_value": 84.684413, "relative_strength": -14.305629, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.907184, "energy": 28.593253, "activity_lines": [ 83.533333, 83.6, 83.260791, 82.989007 ] }, { "date": "2026-07-10", "close": 83.25, "volume": 0, "typical_volume": 785.0, "trend": 82.405057, "fair_value": 84.685605, "relative_strength": -14.36107, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.083228, "energy": 24.349536, "activity_lines": [ 83.45, 83.554545, 83.284189, 83.051588 ] }, { "date": "2026-07-17", "close": 83.25, "volume": 4900, "typical_volume": 775.0, "trend": 82.546272, "fair_value": 84.692714, "relative_strength": -14.906724, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.691796, "energy": 19.415628, "activity_lines": [ 83.366667, 83.477273, 83.303571, 83.1061 ] }, { "date": "2026-07-24", "close": 83.25, "volume": 4000, "typical_volume": 955.0, "trend": 82.687487, "fair_value": 84.699822, "relative_strength": -14.789038, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.253775, "energy": 16.83041, "activity_lines": [ 83.3, 83.413636, 83.315476, 83.151502 ] }, { "date": "2026-07-31", "close": 88.0, "volume": 400, "typical_volume": 945.0, "trend": 83.003193, "fair_value": 84.734421, "relative_strength": -8.439694, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 88.025405, "energy": 75.501761, "activity_lines": [ 84.833333, 84.227273, 83.779762, 83.494245 ] }, { "date": "2026-08-07", "close": 84.25, "volume": 100, "typical_volume": 945.0, "trend": 83.169661, "fair_value": 84.702088, "relative_strength": -11.293086, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.341036, "energy": 62.625726, "activity_lines": [ 84.85, 84.286364, 83.860714, 83.574684 ] } ], "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." } } }