{ "ticker": { "uuid": "c88b4b42-7ea1-44d2-bc55-8668df6f9413", "symbol": "LOGIST-A", "name": "Logistri Fastighets AB ser. A", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 80.313, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -20.69, "architecture_energy": 19.225, "architecture_maturity": 76.993, "architecture_confidence": 74.108, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 41.88, "rotation_up": 42.82, "upward_expansion": 27.84, "deceleration": 38.24, "rotation_down": 25.94, "downward_expansion": 52.84 }, "activity_lines": [ 15.266667, 15.143712, 15.148922, 15.263348 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 15.3, "trend_reference": 15.432155, "distance_from_trend": -0.008564, "trend_direction": "Weakening", "fair_value": 14.029183, "distance_from_fair_value": 0.090584, "fair_value_direction": "Weakening", "relative_strength": -13.895941, "relative_strength_direction": "Weakening", "price_momentum": -0.039412, "excess_performance": -0.100906, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.008564, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.01786, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.090584, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.036098, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.138959, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.023708, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.039412, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.709982, "read": "Supply-led" } ], "volume": { "latest": 1724, "relative_activity": 0.033037, "balance": 0.709982, "dry_up": 0.090491, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.032612, "annualized_volatility": 0.14483, "from_high_reference": -0.097339, "from_low_reference": 0.047945 }, "levels": { "trend_reference": 15.432155, "fair_value_reference": 14.029183, "structural_low": 14.6, "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": 18, "median_return": -0.012862, "positive_rate": 0.333333, "directional_follow_through": 0.611111, "median_excess_return": 0.004892, "regime_survival": 0.833333, "best_return": 0.195727, "worst_return": -0.11039, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.026295, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.008059, "regime_survival": 0.571429, "best_return": 0.240855, "worst_return": -0.122456, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.085695, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.042919, "regime_survival": 0.25, "best_return": 0.204138, "worst_return": -0.046835, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.179188, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.050372, "regime_survival": 0.0, "best_return": 0.188426, "worst_return": -0.059253, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-03-31", "end": "2023-06-09", "tenure": "Developing", "return": -0.01599, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-16", "end": "2023-12-22", "tenure": "Extended", "return": 0.024274, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-29", "end": "2024-02-16", "tenure": "Developing", "return": -0.008163, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-11-15", "tenure": "Extended", "return": 0.321484, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2025-01-17", "tenure": "Developing", "return": -0.051828, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.027027, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-03-07", "tenure": "Developing", "return": -0.003322, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.053333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.027496, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.107907, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-09-26", "tenure": "Developing", "return": -0.023529, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-12-19", "tenure": "Developing", "return": -0.018293, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-05-01", "tenure": "Established", "return": -0.054252, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.008306, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 10.494891, "volume": 36748, "typical_volume": 60149.4, "trend": 11.39091, "fair_value": 10.905668, "relative_strength": -8.783159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.033248, "energy": 40.683181, "activity_lines": [ 10.75523, 10.836092, 11.002423, 11.133952 ] }, { "date": "2023-08-25", "close": 10.738958, "volume": 49381, "typical_volume": 56572.9, "trend": 11.322755, "fair_value": 10.924494, "relative_strength": -6.383505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.475948, "energy": 37.756353, "activity_lines": [ 10.728111, 10.80733, 10.963279, 11.09189 ] }, { "date": "2023-09-01", "close": 11.186415, "volume": 57641, "typical_volume": 56535.5, "trend": 11.266851, "fair_value": 10.948006, "relative_strength": -3.780139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.193523, "energy": 19.604901, "activity_lines": [ 10.866416, 10.866169, 10.970779, 11.083094 ] }, { "date": "2023-09-08", "close": 10.983027, "volume": 7719, "typical_volume": 55736.55, "trend": 11.202837, "fair_value": 10.968397, "relative_strength": -4.703028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.029011, "energy": 18.904585, "activity_lines": [ 10.923365, 10.886139, 10.959856, 11.064783 ] }, { "date": "2023-09-15", "close": 10.657601, "volume": 56240, "typical_volume": 56727.95, "trend": 11.170587, "fair_value": 10.985791, "relative_strength": -7.888352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.103063, "energy": 19.248925, "activity_lines": [ 10.850144, 10.843981, 10.920237, 11.029606 ] }, { "date": "2023-09-22", "close": 10.738958, "volume": 68473, "typical_volume": 58101.6, "trend": 11.137054, "fair_value": 11.005072, "relative_strength": -5.475932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.195931, "energy": 17.191469, "activity_lines": [ 10.825738, 10.822533, 10.892116, 11.001759 ] }, { "date": "2023-09-29", "close": 10.513474, "volume": 140831, "typical_volume": 51789.7, "trend": 11.109322, "fair_value": 11.023362, "relative_strength": -6.650241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.768119, "energy": 36.091336, "activity_lines": [ 10.709898, 10.763046, 10.846267, 10.961528 ] }, { "date": "2023-10-06", "close": 10.267063, "volume": 110425, "typical_volume": 55679.45, "trend": 11.06938, "fair_value": 11.038708, "relative_strength": -8.38877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.212862, "energy": 62.456782, "activity_lines": [ 10.526954, 10.667294, 10.781004, 10.907189 ] }, { "date": "2023-10-13", "close": 10.102792, "volume": 126999, "typical_volume": 52482.95, "trend": 11.027958, "fair_value": 11.053001, "relative_strength": -10.963862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.001208, "energy": 71.32595, "activity_lines": [ 10.350543, 10.554692, 10.704937, 10.844829 ] }, { "date": "2023-10-20", "close": 9.938518, "volume": 66278, "typical_volume": 53817.95, "trend": 10.983724, "fair_value": 11.066468, "relative_strength": -7.34309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.382267, "energy": 79.737259, "activity_lines": [ 10.178057, 10.42231, 10.61981, 10.774542 ] }, { "date": "2023-10-27", "close": 9.527836, "volume": 46651, "typical_volume": 54380.85, "trend": 10.921805, "fair_value": 11.079576, "relative_strength": -9.604936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.800645, "energy": 87.197994, "activity_lines": [ 9.916615, 10.234249, 10.501977, 10.680614 ] }, { "date": "2023-11-03", "close": 9.815314, "volume": 48933, "typical_volume": 53076.6, "trend": 10.86281, "fair_value": 11.092936, "relative_strength": -9.819894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.073694, "energy": 79.865287, "activity_lines": [ 9.831741, 10.11604, 10.419502, 10.609227 ] }, { "date": "2023-11-10", "close": 10.184926, "volume": 63570, "typical_volume": 54970.5, "trend": 10.822794, "fair_value": 11.107756, "relative_strength": -5.74331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.521544, "energy": 68.67511, "activity_lines": [ 9.916615, 10.081827, 10.378261, 10.565493 ] }, { "date": "2023-11-17", "close": 9.65104, "volume": 996206, "typical_volume": 103166.15, "trend": 10.762319, "fair_value": 11.118243, "relative_strength": -13.743312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.367736, "energy": 55.642774, "activity_lines": [ 9.829002, 9.968752, 10.290449, 10.489896 ] }, { "date": "2023-11-24", "close": 8.878958, "volume": 469820, "typical_volume": 125455.95, "trend": 10.676779, "fair_value": 11.121054, "relative_strength": -21.31862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.079491, "energy": 61.844996, "activity_lines": [ 9.514146, 9.739517, 10.134672, 10.368389 ] }, { "date": "2023-12-01", "close": 9.513168, "volume": 495170, "typical_volume": 149075.35, "trend": 10.609693, "fair_value": 11.128385, "relative_strength": -16.131628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.878091, "energy": 51.553311, "activity_lines": [ 9.481331, 9.657931, 10.049316, 10.293317 ] }, { "date": "2023-12-08", "close": 9.926784, "volume": 153420, "typical_volume": 154327.1, "trend": 10.561768, "fair_value": 11.137912, "relative_strength": -14.521751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.633583, "energy": 45.954527, "activity_lines": [ 9.587365, 9.673836, 10.009964, 10.249258 ] }, { "date": "2023-12-15", "close": 10.937844, "volume": 165490, "typical_volume": 160646.15, "trend": 10.550231, "fair_value": 11.153694, "relative_strength": -8.39269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.183357, "energy": 14.870722, "activity_lines": [ 10.022988, 9.884237, 10.071933, 10.273521 ] }, { "date": "2023-12-22", "close": 11.351463, "volume": 93230, "typical_volume": 164230.65, "trend": 10.545764, "fair_value": 11.172581, "relative_strength": -4.303097, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.304366, "energy": 28.926401, "activity_lines": [ 10.546289, 10.157645, 10.17351, 10.325214 ] }, { "date": "2023-12-29", "close": 11.37515, "volume": 54890, "typical_volume": 165405.75, "trend": 10.548804, "fair_value": 11.19162, "relative_strength": -4.614631, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.375787, "energy": 42.480607, "activity_lines": [ 10.964125, 10.412656, 10.274038, 10.378722 ] }, { "date": "2024-01-05", "close": 10.910856, "volume": 225830, "typical_volume": 174859.85, "trend": 10.539054, "fair_value": 11.207456, "relative_strength": -5.873579, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.936292, "energy": 39.315737, "activity_lines": [ 11.060783, 10.557131, 10.328481, 10.402081 ] }, { "date": "2024-01-12", "close": 11.28229, "volume": 104760, "typical_volume": 177628.8, "trend": 10.545716, "fair_value": 11.225672, "relative_strength": -3.266833, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.079939, "energy": 56.129511, "activity_lines": [ 11.188073, 10.743992, 10.416317, 10.450031 ] }, { "date": "2024-01-19", "close": 11.143003, "volume": 110950, "typical_volume": 180294.25, "trend": 10.547734, "fair_value": 11.243906, "relative_strength": -1.71463, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.105702, "energy": 47.690788, "activity_lines": [ 11.178567, 10.878857, 10.488301, 10.488566 ] }, { "date": "2024-01-26", "close": 11.189432, "volume": 56310, "typical_volume": 182723.8, "trend": 10.560038, "fair_value": 11.261982, "relative_strength": -3.89984, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.867528, "energy": 32.061947, "activity_lines": [ 11.17086, 11.004744, 10.564913, 10.529966 ] }, { "date": "2024-02-02", "close": 10.957285, "volume": 66450, "typical_volume": 183234.3, "trend": 10.55918, "fair_value": 11.279934, "relative_strength": -5.442714, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.617807, "energy": 27.98134, "activity_lines": [ 11.096573, 11.060451, 10.618433, 10.555595 ] }, { "date": "2024-02-09", "close": 10.864427, "volume": 96940, "typical_volume": 184657.65, "trend": 10.557939, "fair_value": 11.297063, "relative_strength": -5.163201, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 41.922187, "energy": 26.946245, "activity_lines": [ 11.019191, 11.061487, 10.661683, 10.575288 ] }, { "date": "2024-02-16", "close": 11.28229, "volume": 488150, "typical_volume": 202023.6, "trend": 10.567914, "fair_value": 11.317098, "relative_strength": -3.641137, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 49.75487, "energy": 30.266585, "activity_lines": [ 11.084192, 11.11393, 10.744131, 10.62202 ] }, { "date": "2024-02-23", "close": 11.514435, "volume": 336730, "typical_volume": 213338.85, "trend": 10.585628, "fair_value": 11.334302, "relative_strength": -2.500106, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.01097, "energy": 39.748862, "activity_lines": [ 11.226575, 11.183936, 10.845028, 10.683086 ] }, { "date": "2024-03-01", "close": 11.28229, "volume": 234720, "typical_volume": 218724.9, "trend": 10.60645, "fair_value": 11.349336, "relative_strength": -5.306459, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.277837, "energy": 44.775794, "activity_lines": [ 11.266813, 11.20125, 10.917875, 10.728032 ] }, { "date": "2024-03-08", "close": 11.468008, "volume": 143720, "typical_volume": 222597.0, "trend": 10.622617, "fair_value": 11.364879, "relative_strength": -4.526441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.661405, "energy": 59.327074, "activity_lines": [ 11.362767, 11.253588, 11.002793, 10.783616 ] }, { "date": "2024-03-15", "close": 11.468008, "volume": 171800, "typical_volume": 228854.45, "trend": 10.655054, "fair_value": 11.379966, "relative_strength": -5.91687, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.172157, "energy": 62.942842, "activity_lines": [ 11.424673, 11.304239, 11.080429, 10.838158 ] }, { "date": "2024-03-22", "close": 11.700153, "volume": 94970, "typical_volume": 231156.3, "trend": 10.687094, "fair_value": 11.394723, "relative_strength": -3.739802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.516256, "energy": 65.309863, "activity_lines": [ 11.523722, 11.386967, 11.170934, 10.905584 ] }, { "date": "2024-03-29", "close": 11.978726, "volume": 179000, "typical_volume": 236927.8, "trend": 10.713504, "fair_value": 11.41013, "relative_strength": -0.674364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.078548, "energy": 76.029971, "activity_lines": [ 11.687771, 11.512748, 11.278994, 10.988915 ] }, { "date": "2024-04-05", "close": 12.628736, "volume": 195450, "typical_volume": 196890.0, "trend": 10.768361, "fair_value": 11.427753, "relative_strength": 5.388978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.677595, "energy": 89.974995, "activity_lines": [ 12.037538, 11.741517, 11.440419, 11.112478 ] }, { "date": "2024-04-12", "close": 12.768023, "volume": 138540, "typical_volume": 180326.0, "trend": 10.838708, "fair_value": 11.446501, "relative_strength": 6.444756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.783691, "energy": 93.750113, "activity_lines": [ 12.34397, 11.969442, 11.600929, 11.241489 ] }, { "date": "2024-04-19", "close": 12.535878, "volume": 34650, "typical_volume": 157300.0, "trend": 10.898606, "fair_value": 11.46376, "relative_strength": 4.754327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.604599, "energy": 88.420156, "activity_lines": [ 12.486353, 12.122236, 11.720811, 11.350983 ] }, { "date": "2024-04-26", "close": 12.889445, "volume": 158890, "typical_volume": 157573.5, "trend": 10.977805, "fair_value": 11.483055, "relative_strength": 5.366689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.457987, "energy": 90.883894, "activity_lines": [ 12.6754, 12.308925, 11.859972, 11.479425 ] }, { "date": "2024-05-03", "close": 12.748835, "volume": 30970, "typical_volume": 150847.5, "trend": 11.06053, "fair_value": 11.497057, "relative_strength": 4.993056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.912941, "energy": 78.057967, "activity_lines": [ 12.738291, 12.440828, 11.971633, 11.593685 ] }, { "date": "2024-05-10", "close": 13.076927, "volume": 118680, "typical_volume": 152120.0, "trend": 11.159668, "fair_value": 11.511544, "relative_strength": 4.141759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.476147, "energy": 67.542203, "activity_lines": [ 12.859206, 12.60994, 12.105918, 11.723775 ] }, { "date": "2024-05-17", "close": 12.608221, "volume": 171130, "typical_volume": 157932.0, "trend": 11.248658, "fair_value": 11.523951, "relative_strength": 1.434623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.484854, "energy": 59.765496, "activity_lines": [ 12.794006, 12.661203, 12.187348, 11.81723 ] }, { "date": "2024-05-24", "close": 12.983187, "volume": 127950, "typical_volume": 153038.0, "trend": 11.363837, "fair_value": 11.534139, "relative_strength": 3.608747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.445382, "energy": 59.534948, "activity_lines": [ 12.864448, 12.759911, 12.298617, 11.929135 ] }, { "date": "2024-05-31", "close": 12.795704, "volume": 160550, "typical_volume": 155827.5, "trend": 11.463183, "fair_value": 11.542201, "relative_strength": 2.916015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.161855, "energy": 52.79399, "activity_lines": [ 12.842575, 12.796982, 12.382162, 12.021513 ] }, { "date": "2024-06-07", "close": 13.030058, "volume": 57760, "typical_volume": 153168.0, "trend": 11.558021, "fair_value": 11.551996, "relative_strength": 3.980646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.093153, "energy": 51.983489, "activity_lines": [ 12.905069, 12.856743, 12.48082, 12.122602 ] }, { "date": "2024-06-14", "close": 13.17067, "volume": 115850, "typical_volume": 156145.0, "trend": 11.675342, "fair_value": 11.564311, "relative_strength": 7.486033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.444301, "energy": 53.454192, "activity_lines": [ 12.995686, 12.922956, 12.583883, 12.226644 ] }, { "date": "2024-06-21", "close": 13.358152, "volume": 66800, "typical_volume": 156162.5, "trend": 11.824648, "fair_value": 11.576902, "relative_strength": 8.39931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.265824, "energy": 54.95699, "activity_lines": [ 13.142547, 13.013403, 12.695368, 12.335212 ] }, { "date": "2024-06-28", "close": 13.24999, "volume": 167580, "typical_volume": 159694.5, "trend": 11.949209, "fair_value": 11.591516, "relative_strength": 7.498396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.14037, "energy": 50.676773, "activity_lines": [ 13.203359, 13.073454, 12.785118, 12.42717 ] }, { "date": "2024-07-05", "close": 13.439275, "volume": 30750, "typical_volume": 136824.5, "trend": 12.066292, "fair_value": 11.604062, "relative_strength": 9.424021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.086155, "energy": 53.05342, "activity_lines": [ 13.309479, 13.154937, 12.881536, 12.523303 ] }, { "date": "2024-07-12", "close": 13.58124, "volume": 176260, "typical_volume": 128801.0, "trend": 12.154405, "fair_value": 11.617048, "relative_strength": 7.331225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.962808, "energy": 52.89263, "activity_lines": [ 13.420016, 13.252235, 12.981203, 12.621042 ] }, { "date": "2024-07-19", "close": 13.62856, "volume": 42160, "typical_volume": 119173.0, "trend": 12.230308, "fair_value": 11.630104, "relative_strength": 10.055078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.647045, "energy": 50.919637, "activity_lines": [ 13.509581, 13.343002, 13.075535, 12.716149 ] }, { "date": "2024-07-26", "close": 13.533918, "volume": 34560, "typical_volume": 113715.0, "trend": 12.302267, "fair_value": 11.640443, "relative_strength": 8.783716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.442898, "energy": 48.394098, "activity_lines": [ 13.537073, 13.406531, 13.149681, 12.800252 ] }, { "date": "2024-08-02", "close": 13.486597, "volume": 28930, "typical_volume": 106571.5, "trend": 12.388125, "fair_value": 11.651885, "relative_strength": 13.023861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.875809, "energy": 44.958248, "activity_lines": [ 13.537073, 13.444626, 13.209482, 12.876661 ] }, { "date": "2024-08-09", "close": 13.675882, "volume": 142790, "typical_volume": 108962.5, "trend": 12.467912, "fair_value": 11.664541, "relative_strength": 14.73856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.543501, "energy": 43.590309, "activity_lines": [ 13.584394, 13.507983, 13.277698, 12.959742 ] }, { "date": "2024-08-16", "close": 13.817847, "volume": 33820, "typical_volume": 101703.5, "trend": 12.557073, "fair_value": 11.677638, "relative_strength": 12.269002, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.291175, "energy": 44.440131, "activity_lines": [ 13.663263, 13.581149, 13.350026, 13.046834 ] }, { "date": "2024-08-23", "close": 14.574988, "volume": 188100, "typical_volume": 101336.0, "trend": 12.669925, "fair_value": 11.695588, "relative_strength": 16.887091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.872878, "energy": 59.692266, "activity_lines": [ 13.978739, 13.777654, 13.485705, 13.177022 ] }, { "date": "2024-08-30", "close": 14.669631, "volume": 55430, "typical_volume": 97180.5, "trend": 12.79367, "fair_value": 11.715083, "relative_strength": 15.739342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.046239, "energy": 75.418936, "activity_lines": [ 14.262667, 13.965833, 13.62113, 13.306036 ] }, { "date": "2024-09-06", "close": 14.574988, "volume": 210720, "typical_volume": 105984.0, "trend": 12.917355, "fair_value": 11.732096, "relative_strength": 19.930259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.339225, "energy": 76.458411, "activity_lines": [ 14.439334, 14.11296, 13.738486, 13.420959 ] }, { "date": "2024-09-13", "close": 14.764275, "volume": 116100, "typical_volume": 103844.5, "trend": 13.033422, "fair_value": 11.74704, "relative_strength": 18.898813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.618109, "energy": 81.235175, "activity_lines": [ 14.606536, 14.270411, 13.864159, 13.540116 ] }, { "date": "2024-09-20", "close": 15.190166, "volume": 191300, "typical_volume": 111861.0, "trend": 13.155946, "fair_value": 11.764715, "relative_strength": 19.334079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.352937, "energy": 83.162543, "activity_lines": [ 14.843143, 14.481206, 14.021466, 13.67926 ] }, { "date": "2024-09-27", "close": 15.502337, "volume": 43110, "typical_volume": 108082.5, "trend": 13.296614, "fair_value": 11.78545, "relative_strength": 18.544238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.860998, "energy": 88.432861, "activity_lines": [ 15.092319, 14.719506, 14.196877, 13.83064 ] }, { "date": "2024-10-04", "close": 15.597736, "volume": 174250, "typical_volume": 108238.5, "trend": 13.434272, "fair_value": 11.807034, "relative_strength": 20.33512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.154355, "energy": 88.988021, "activity_lines": [ 15.311471, 14.941083, 14.369825, 13.9791 ] }, { "date": "2024-10-11", "close": 15.550036, "volume": 212610, "typical_volume": 112471.5, "trend": 13.570339, "fair_value": 11.826412, "relative_strength": 20.019935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.512069, "energy": 87.878053, "activity_lines": [ 15.452849, 15.116464, 14.523994, 14.115601 ] }, { "date": "2024-10-18", "close": 15.454638, "volume": 150310, "typical_volume": 111959.5, "trend": 13.695489, "fair_value": 11.84803, "relative_strength": 18.492704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.343428, "energy": 82.960225, "activity_lines": [ 15.497425, 15.236982, 14.656855, 14.237168 ] }, { "date": "2024-10-25", "close": 15.597736, "volume": 161250, "typical_volume": 117134.0, "trend": 13.816123, "fair_value": 11.869376, "relative_strength": 19.059809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.172873, "energy": 69.400225, "activity_lines": [ 15.543677, 15.351177, 14.790682, 14.359894 ] }, { "date": "2024-11-01", "close": 15.26384, "volume": 79190, "typical_volume": 115301.0, "trend": 13.903959, "fair_value": 11.88882, "relative_strength": 17.503217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.97983, "energy": 55.841396, "activity_lines": [ 15.451458, 15.372301, 14.880483, 14.453295 ] }, { "date": "2024-11-08", "close": 15.16844, "volume": 134290, "typical_volume": 118675.5, "trend": 13.983973, "fair_value": 11.903139, "relative_strength": 16.209625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.919965, "energy": 44.437159, "activity_lines": [ 15.343339, 15.363556, 14.95123, 14.534875 ] }, { "date": "2024-11-15", "close": 15.216141, "volume": 76400, "typical_volume": 114116.5, "trend": 14.073315, "fair_value": 11.916337, "relative_strength": 18.094398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.478883, "energy": 36.634677, "activity_lines": [ 15.27974, 15.354415, 15.0179, 14.614369 ] }, { "date": "2024-11-22", "close": 15.120741, "volume": 150540, "typical_volume": 120106.0, "trend": 14.147692, "fair_value": 11.926311, "relative_strength": 16.277145, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.423875, "energy": 28.322607, "activity_lines": [ 15.2066, 15.31627, 15.066122, 14.681945 ] }, { "date": "2024-11-29", "close": 15.073041, "volume": 153990, "typical_volume": 118992.5, "trend": 14.225165, "fair_value": 11.938592, "relative_strength": 15.164716, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.350043, "energy": 23.167346, "activity_lines": [ 15.139821, 15.262972, 15.101794, 14.741645 ] }, { "date": "2024-12-06", "close": 14.739144, "volume": 347610, "typical_volume": 134265.0, "trend": 14.280573, "fair_value": 11.949921, "relative_strength": 7.752056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.373887, "energy": 18.242955, "activity_lines": [ 14.996722, 15.151095, 15.098562, 14.774805 ] }, { "date": "2024-12-13", "close": 14.739144, "volume": 430630, "typical_volume": 154068.5, "trend": 14.351603, "fair_value": 11.960538, "relative_strength": 9.717064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.298573, "energy": 14.325852, "activity_lines": [ 14.888603, 15.053094, 15.090042, 14.80439 ] }, { "date": "2024-12-20", "close": 14.596046, "volume": 139590, "typical_volume": 159601.5, "trend": 14.405365, "fair_value": 11.970236, "relative_strength": 11.779261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.121986, "energy": 14.963774, "activity_lines": [ 14.761404, 14.944686, 15.062154, 14.820161 ] }, { "date": "2024-12-27", "close": 14.721957, "volume": 22480, "typical_volume": 153586.0, "trend": 14.469574, "fair_value": 11.979903, "relative_strength": 11.564738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.052376, "energy": 17.584071, "activity_lines": [ 14.717515, 14.876516, 15.040975, 14.840586 ] }, { "date": "2025-01-03", "close": 14.721957, "volume": 90110, "typical_volume": 156400.5, "trend": 14.52597, "fair_value": 11.990773, "relative_strength": 10.143988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.040547, "energy": 15.541403, "activity_lines": [ 14.700212, 14.821668, 15.014814, 14.856869 ] }, { "date": "2025-01-10", "close": 14.38518, "volume": 109920, "typical_volume": 152491.5, "trend": 14.566454, "fair_value": 12.002613, "relative_strength": 6.747947, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.578653, "energy": 24.331069, "activity_lines": [ 14.594056, 14.721511, 14.952274, 14.847786 ] }, { "date": "2025-01-17", "close": 14.33707, "volume": 129950, "typical_volume": 156217.5, "trend": 14.599085, "fair_value": 12.012941, "relative_strength": 2.351416, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.727191, "energy": 31.53116, "activity_lines": [ 14.49546, 14.628582, 14.886056, 14.832987 ] }, { "date": "2025-01-24", "close": 14.240849, "volume": 145100, "typical_volume": 152936.5, "trend": 14.632113, "fair_value": 12.023614, "relative_strength": -0.547, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.86127, "energy": 36.376608, "activity_lines": [ 14.391596, 14.533274, 14.812258, 14.809875 ] }, { "date": "2025-01-31", "close": 14.625735, "volume": 320260, "typical_volume": 163144.5, "trend": 14.671662, "fair_value": 12.036515, "relative_strength": 1.79994, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.311152, "energy": 30.725961, "activity_lines": [ 14.439707, 14.525678, 14.776707, 14.809463 ] }, { "date": "2025-02-07", "close": 14.481403, "volume": 604690, "typical_volume": 183814.0, "trend": 14.701667, "fair_value": 12.048971, "relative_strength": 1.655413, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.994736, "energy": 24.429827, "activity_lines": [ 14.446121, 14.50084, 14.728069, 14.797188 ] }, { "date": "2025-02-14", "close": 14.529514, "volume": 282990, "typical_volume": 195808.0, "trend": 14.731699, "fair_value": 12.065105, "relative_strength": -1.139957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.68678, "energy": 19.421267, "activity_lines": [ 14.48461, 14.495506, 14.687389, 14.786082 ] }, { "date": "2025-02-21", "close": 14.28896, "volume": 94330, "typical_volume": 191812.0, "trend": 14.756867, "fair_value": 12.080899, "relative_strength": -3.214131, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.577763, "energy": 20.03841, "activity_lines": [ 14.433292, 14.450247, 14.628431, 14.757518 ] }, { "date": "2025-02-28", "close": 14.481403, "volume": 150420, "typical_volume": 188702.5, "trend": 14.790028, "fair_value": 12.101778, "relative_strength": -2.180326, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.953053, "energy": 23.363665, "activity_lines": [ 14.449329, 14.448163, 14.594033, 14.739746 ] }, { "date": "2025-03-07", "close": 14.433292, "volume": 396120, "typical_volume": 200993.0, "trend": 14.815274, "fair_value": 12.118979, "relative_strength": -2.899627, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -47.211286, "energy": 25.754681, "activity_lines": [ 14.433292, 14.439415, 14.560142, 14.716731 ] }, { "date": "2025-03-14", "close": 14.433292, "volume": 215260, "typical_volume": 203693.5, "trend": 14.835789, "fair_value": 12.136181, "relative_strength": -1.501578, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.684842, "energy": 25.598204, "activity_lines": [ 14.430085, 14.435916, 14.531115, 14.692087 ] }, { "date": "2025-03-21", "close": 14.144626, "volume": 78410, "typical_volume": 203654.5, "trend": 14.821444, "fair_value": 12.150088, "relative_strength": -1.78884, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.305466, "energy": 30.922911, "activity_lines": [ 14.333863, 14.385181, 14.48014, 14.647496 ] }, { "date": "2025-03-28", "close": 14.433292, "volume": 1494600, "typical_volume": 271670.0, "trend": 14.813566, "fair_value": 12.166567, "relative_strength": 3.298685, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.410105, "energy": 25.668656, "activity_lines": [ 14.359522, 14.391304, 14.461988, 14.622453 ] }, { "date": "2025-04-04", "close": 13.663515, "volume": 595200, "typical_volume": 297610.0, "trend": 14.783184, "fair_value": 12.178834, "relative_strength": 8.356734, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.572481, "energy": 47.763214, "activity_lines": [ 14.118966, 14.255719, 14.374023, 14.548257 ] }, { "date": "2025-04-11", "close": 13.422961, "volume": 353300, "typical_volume": 307748.0, "trend": 14.738473, "fair_value": 12.188837, "relative_strength": 6.601931, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.687627, "energy": 64.032458, "activity_lines": [ 13.852752, 14.086893, 14.270543, 14.4605 ] }, { "date": "2025-04-18", "close": 13.471073, "volume": 41190, "typical_volume": 302108.0, "trend": 14.68117, "fair_value": 12.19904, "relative_strength": 3.188046, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.212754, "energy": 66.553996, "activity_lines": [ 13.669931, 13.948683, 14.179729, 14.378733 ] }, { "date": "2025-04-25", "close": 13.694918, "volume": 107030, "typical_volume": 290079.0, "trend": 14.620923, "fair_value": 12.210678, "relative_strength": 1.604243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.198982, "energy": 65.731183, "activity_lines": [ 13.625872, 13.869542, 14.117862, 14.315103 ] }, { "date": "2025-05-02", "close": 13.986298, "volume": 174090, "typical_volume": 277252.0, "trend": 14.567208, "fair_value": 12.225892, "relative_strength": 2.0338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.999432, "energy": 47.961362, "activity_lines": [ 13.708921, 13.858554, 14.088718, 14.27416 ] }, { "date": "2025-05-09", "close": 14.714751, "volume": 141620, "typical_volume": 277353.5, "trend": 14.539365, "fair_value": 12.243579, "relative_strength": 7.559293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.612095, "energy": 13.403992, "activity_lines": [ 14.064587, 13.985515, 14.132535, 14.283679 ] }, { "date": "2025-05-16", "close": 14.180552, "volume": 266650, "typical_volume": 289562.0, "trend": 14.496896, "fair_value": 12.259306, "relative_strength": -0.468759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.865713, "energy": 16.947818, "activity_lines": [ 14.172104, 14.011106, 14.124912, 14.26053 ] }, { "date": "2025-05-23", "close": 13.792044, "volume": 144450, "typical_volume": 292279.0, "trend": 14.436706, "fair_value": 12.271567, "relative_strength": -0.887719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.807885, "energy": 19.649724, "activity_lines": [ 14.099613, 13.970654, 14.082865, 14.215055 ] }, { "date": "2025-05-30", "close": 14.326243, "volume": 93150, "typical_volume": 291440.5, "trend": 14.405453, "fair_value": 12.288716, "relative_strength": 1.982785, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.939068, "energy": 14.966825, "activity_lines": [ 14.18379, 14.038989, 14.096123, 14.207929 ] }, { "date": "2025-06-06", "close": 14.374806, "volume": 57410, "typical_volume": 287813.5, "trend": 14.378998, "fair_value": 12.307641, "relative_strength": 1.04131, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.258855, "energy": 10.260896, "activity_lines": [ 14.242066, 14.112851, 14.114286, 14.205951 ] }, { "date": "2025-06-13", "close": 14.763314, "volume": 93910, "typical_volume": 285254.0, "trend": 14.363904, "fair_value": 12.335403, "relative_strength": 6.072557, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.410925, "energy": 15.603005, "activity_lines": [ 14.403944, 14.258414, 14.169271, 14.230746 ] }, { "date": "2025-06-20", "close": 14.714751, "volume": 129910, "typical_volume": 275736.5, "trend": 14.350371, "fair_value": 12.362364, "relative_strength": 5.966033, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.135466, "energy": 26.993287, "activity_lines": [ 14.546397, 14.375151, 14.217142, 14.253381 ] }, { "date": "2025-06-27", "close": 14.794407, "volume": 121200, "typical_volume": 251562.0, "trend": 14.341083, "fair_value": 12.388248, "relative_strength": 3.767738, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.018276, "energy": 39.757719, "activity_lines": [ 14.679789, 14.482884, 14.272176, 14.282029 ] }, { "date": "2025-07-04", "close": 15.872146, "volume": 93323, "typical_volume": 242078.65, "trend": 14.37885, "fair_value": 12.422529, "relative_strength": 10.64856, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 83.090471, "energy": 73.601695, "activity_lines": [ 15.105603, 14.762509, 14.428362, 14.380807 ] }, { "date": "2025-07-11", "close": 16.655954, "volume": 92548, "typical_volume": 241989.55, "trend": 14.442744, "fair_value": 12.465803, "relative_strength": 14.098005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.266171, "energy": 86.376646, "activity_lines": [ 15.689626, 15.145059, 14.652802, 14.527717 ] }, { "date": "2025-07-18", "close": 15.921133, "volume": 73607, "typical_volume": 238148.9, "trend": 14.486913, "fair_value": 12.502878, "relative_strength": 8.647549, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.980731, "energy": 78.228821, "activity_lines": [ 15.876632, 15.345465, 14.795988, 14.623097 ] }, { "date": "2025-07-25", "close": 16.166073, "volume": 23144, "typical_volume": 219500.1, "trend": 14.53505, "fair_value": 12.539539, "relative_strength": 7.452734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.955428, "energy": 79.761075, "activity_lines": [ 16.068097, 15.568472, 14.955645, 14.73143 ] }, { "date": "2025-08-01", "close": 15.48024, "volume": 28940, "typical_volume": 210184.1, "trend": 14.560327, "fair_value": 12.567835, "relative_strength": 5.621518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.117124, "energy": 67.803671, "activity_lines": [ 15.934196, 15.630682, 15.041734, 14.79241 ] }, { "date": "2025-08-08", "close": 15.676192, "volume": 56319, "typical_volume": 209079.55, "trend": 14.60336, "fair_value": 12.593915, "relative_strength": 3.948283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.816743, "energy": 45.500642, "activity_lines": [ 15.819891, 15.697825, 15.1415, 14.864401 ] }, { "date": "2025-08-15", "close": 16.655954, "volume": 36553, "typical_volume": 136177.2, "trend": 14.680656, "fair_value": 12.626523, "relative_strength": 8.560266, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.89278, "energy": 51.269611, "activity_lines": [ 16.045236, 15.918562, 15.327282, 14.996826 ] }, { "date": "2025-08-22", "close": 16.851908, "volume": 43029, "typical_volume": 108568.65, "trend": 14.767692, "fair_value": 12.656916, "relative_strength": 7.64699, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.348273, "energy": 52.901918, "activity_lines": [ 16.335899, 16.133451, 15.521144, 15.136907 ] }, { "date": "2025-08-29", "close": 16.655954, "volume": 18757, "typical_volume": 91841.5, "trend": 14.835366, "fair_value": 12.686796, "relative_strength": 8.725683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.56049, "energy": 57.672512, "activity_lines": [ 16.499193, 16.274738, 15.68116, 15.258731 ] }, { "date": "2025-09-05", "close": 16.557978, "volume": 36657, "typical_volume": 91614.85, "trend": 14.904585, "fair_value": 12.716048, "relative_strength": 7.894403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.00621, "energy": 59.797802, "activity_lines": [ 16.597169, 16.362916, 15.816449, 15.369867 ] }, { "date": "2025-09-12", "close": 16.166073, "volume": 29016, "typical_volume": 87714.15, "trend": 14.959137, "fair_value": 12.745516, "relative_strength": 4.894444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.971921, "energy": 44.889783, "activity_lines": [ 16.492661, 16.347775, 15.899715, 15.451253 ] }, { "date": "2025-09-19", "close": 16.362026, "volume": 16297, "typical_volume": 79824.5, "trend": 15.028239, "fair_value": 12.777232, "relative_strength": 5.619991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.49787, "energy": 37.040497, "activity_lines": [ 16.420811, 16.362916, 15.989876, 15.541762 ] }, { "date": "2025-09-26", "close": 16.26405, "volume": 19270, "typical_volume": 73707.0, "trend": 15.087661, "fair_value": 12.811911, "relative_strength": 4.962835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.599151, "energy": 26.365537, "activity_lines": [ 16.335899, 16.365589, 16.059393, 15.621492 ] }, { "date": "2025-10-03", "close": 16.194925, "volume": 15736, "typical_volume": 61161.3, "trend": 15.146382, "fair_value": 12.845894, "relative_strength": 1.304809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.203219, "energy": 22.321645, "activity_lines": [ 16.267135, 16.349458, 16.114948, 15.692928 ] }, { "date": "2025-10-10", "close": 15.898677, "volume": 55729, "typical_volume": 56725.25, "trend": 15.195228, "fair_value": 12.879239, "relative_strength": 0.284673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.628401, "energy": 17.610196, "activity_lines": [ 16.130357, 16.278939, 16.132698, 15.741464 ] }, { "date": "2025-10-17", "close": 16.194925, "volume": 14125, "typical_volume": 52774.0, "trend": 15.263571, "fair_value": 12.912718, "relative_strength": 2.371273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.660295, "energy": 16.36918, "activity_lines": [ 16.136282, 16.254676, 16.16863, 15.80596 ] }, { "date": "2025-10-24", "close": 16.392426, "volume": 19291, "typical_volume": 50868.05, "trend": 15.328876, "fair_value": 12.945699, "relative_strength": 0.485654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.206564, "energy": 18.79244, "activity_lines": [ 16.206117, 16.25689, 16.214473, 15.878789 ] }, { "date": "2025-10-31", "close": 15.997428, "volume": 18930, "typical_volume": 47119.05, "trend": 15.406673, "fair_value": 12.972618, "relative_strength": -1.172379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.755015, "energy": 11.220426, "activity_lines": [ 16.14226, 16.192078, 16.213089, 15.921922 ] }, { "date": "2025-11-07", "close": 16.589922, "volume": 22507, "typical_volume": 41748.9, "trend": 15.512238, "fair_value": 13.007117, "relative_strength": 3.712959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.295809, "energy": 22.938189, "activity_lines": [ 16.293675, 16.250528, 16.262257, 15.998261 ] }, { "date": "2025-11-14", "close": 16.293674, "volume": 12001, "typical_volume": 36288.95, "trend": 15.606325, "fair_value": 13.039213, "relative_strength": 1.024545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.183027, "energy": 20.747759, "activity_lines": [ 16.320008, 16.256316, 16.274281, 16.048676 ] }, { "date": "2025-11-21", "close": 16.293674, "volume": 23474, "typical_volume": 32796.5, "trend": 15.69295, "fair_value": 13.070804, "relative_strength": 3.179232, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.964078, "energy": 18.287107, "activity_lines": [ 16.320008, 16.266909, 16.279166, 16.093021 ] }, { "date": "2025-11-28", "close": 15.799927, "volume": 16098, "typical_volume": 28974.0, "trend": 15.753404, "fair_value": 13.099482, "relative_strength": -3.016082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.136146, "energy": 7.400113, "activity_lines": [ 16.148842, 16.185409, 16.23502, 16.099923 ] }, { "date": "2025-12-05", "close": 15.799927, "volume": 14037, "typical_volume": 25995.5, "trend": 15.789577, "fair_value": 13.128413, "relative_strength": -4.333869, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.356682, "energy": 7.861713, "activity_lines": [ 16.017176, 16.11413, 16.19495, 16.102924 ] }, { "date": "2025-12-12", "close": 15.009931, "volume": 8671, "typical_volume": 25271.85, "trend": 15.817223, "fair_value": 13.152531, "relative_strength": -8.802879, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.877981, "energy": 36.444775, "activity_lines": [ 15.635344, 15.907654, 16.08022, 16.052624 ] }, { "date": "2025-12-19", "close": 15.898677, "volume": 37046, "typical_volume": 25677.15, "trend": 15.887444, "fair_value": 13.182599, "relative_strength": -3.996089, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.717732, "energy": 33.678126, "activity_lines": [ 15.655095, 15.884313, 16.055638, 16.057879 ] }, { "date": "2025-12-26", "close": 15.997428, "volume": 124, "typical_volume": 22867.4, "trend": 15.94315, "fair_value": 13.211139, "relative_strength": -3.570415, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.065713, "energy": 31.703967, "activity_lines": [ 15.734095, 15.878927, 16.038468, 16.064975 ] }, { "date": "2026-01-02", "close": 15.728645, "volume": 4948, "typical_volume": 21287.15, "trend": 15.988278, "fair_value": 13.2377, "relative_strength": -6.121953, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.669625, "energy": 26.242206, "activity_lines": [ 15.74325, 15.828262, 15.99417, 16.051136 ] }, { "date": "2026-01-09", "close": 15.828194, "volume": 1365, "typical_volume": 19203.95, "trend": 16.023774, "fair_value": 13.265411, "relative_strength": -8.379668, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.147184, "energy": 10.096111, "activity_lines": [ 15.790341, 15.807766, 15.963769, 16.040808 ] }, { "date": "2026-01-16", "close": 16.325935, "volume": 16052, "typical_volume": 19068.7, "trend": 16.07748, "fair_value": 13.289398, "relative_strength": -7.471514, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.487579, "energy": 12.128866, "activity_lines": [ 16.001461, 15.880845, 15.985646, 16.060302 ] }, { "date": "2026-01-23", "close": 15.629097, "volume": 23259, "typical_volume": 18398.8, "trend": 16.105303, "fair_value": 13.307639, "relative_strength": -10.628721, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.80274, "energy": 15.742915, "activity_lines": [ 15.892568, 15.832026, 15.942729, 16.031375 ] }, { "date": "2026-01-30", "close": 15.728645, "volume": 18143, "typical_volume": 17855.15, "trend": 16.10052, "fair_value": 13.326005, "relative_strength": -10.360892, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.014855, "energy": 15.4351, "activity_lines": [ 15.83483, 15.81339, 15.913717, 16.007074 ] }, { "date": "2026-02-06", "close": 15.927742, "volume": 17198, "typical_volume": 17900.2, "trend": 16.076246, "fair_value": 13.345391, "relative_strength": -11.845605, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.169955, "energy": 13.198277, "activity_lines": [ 15.861376, 15.841227, 15.905749, 15.995927 ] }, { "date": "2026-02-13", "close": 15.728645, "volume": 57399, "typical_volume": 19806.65, "trend": 16.06983, "fair_value": 13.371696, "relative_strength": -12.839694, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.453898, "energy": 23.038651, "activity_lines": [ 15.808284, 15.83054, 15.880887, 15.973501 ] }, { "date": "2026-02-20", "close": 15.728645, "volume": 26794, "typical_volume": 20359.55, "trend": 16.055249, "fair_value": 13.397233, "relative_strength": -14.417905, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.100885, "energy": 23.589883, "activity_lines": [ 15.761828, 15.821149, 15.858575, 15.951489 ] }, { "date": "2026-02-27", "close": 15.629097, "volume": 5694, "typical_volume": 17857.8, "trend": 16.060211, "fair_value": 13.424692, "relative_strength": -15.945348, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.253083, "energy": 26.228955, "activity_lines": [ 15.722009, 15.780591, 15.829002, 15.923996 ] }, { "date": "2026-03-06", "close": 15.728645, "volume": 53204, "typical_volume": 19811.75, "trend": 16.061959, "fair_value": 13.452021, "relative_strength": -10.248507, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.804927, "energy": 26.611461, "activity_lines": [ 15.715372, 15.763035, 15.810194, 15.902604 ] }, { "date": "2026-03-13", "close": 15.927742, "volume": 166650, "typical_volume": 27179.7, "trend": 16.037685, "fair_value": 13.481395, "relative_strength": -8.483492, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.824978, "energy": 18.858753, "activity_lines": [ 15.775101, 15.786564, 15.812568, 15.893945 ] }, { "date": "2026-03-20", "close": 15.529549, "volume": 26876, "typical_volume": 27577.0, "trend": 15.993607, "fair_value": 13.508728, "relative_strength": -5.986738, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.900335, "energy": 24.528714, "activity_lines": [ 15.702099, 15.734075, 15.779232, 15.861162 ] }, { "date": "2026-03-27", "close": 15.927742, "volume": 625500, "typical_volume": 57726.65, "trend": 15.969333, "fair_value": 13.537846, "relative_strength": -3.513242, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.650855, "energy": 11.873492, "activity_lines": [ 15.775101, 15.759415, 15.786047, 15.856913 ] }, { "date": "2026-04-03", "close": 15.629097, "volume": 241180, "typical_volume": 69185.6, "trend": 15.93837, "fair_value": 13.563768, "relative_strength": -8.356106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.056032, "energy": 18.265944, "activity_lines": [ 15.735282, 15.737695, 15.767572, 15.834962 ] }, { "date": "2026-04-10", "close": 15.828194, "volume": 15427, "typical_volume": 68783.25, "trend": 15.927108, "fair_value": 13.592248, "relative_strength": -11.253874, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.892688, "energy": 12.859323, "activity_lines": [ 15.761828, 15.752175, 15.771224, 15.827854 ] }, { "date": "2026-04-17", "close": 15.828194, "volume": 46046, "typical_volume": 70280.65, "trend": 15.909313, "fair_value": 13.620215, "relative_strength": -13.051165, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.43299, "energy": 10.310061, "activity_lines": [ 15.781738, 15.764845, 15.777093, 15.821472 ] }, { "date": "2026-04-24", "close": 15.2, "volume": 63193, "typical_volume": 72738.45, "trend": 15.873845, "fair_value": 13.644285, "relative_strength": -14.105671, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.475072, "energy": 34.872868, "activity_lines": [ 15.598886, 15.665108, 15.722998, 15.77571 ] }, { "date": "2026-05-01", "close": 15.129537, "volume": 10621, "typical_volume": 72835.95, "trend": 15.838332, "fair_value": 13.667386, "relative_strength": -13.154511, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.572962, "energy": 47.117609, "activity_lines": [ 15.414517, 15.562171, 15.66505, 15.72769 ] }, { "date": "2026-05-08", "close": 15.428145, "volume": 4051, "typical_volume": 71186.2, "trend": 15.822648, "fair_value": 13.693434, "relative_strength": -11.52513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.638826, "energy": 46.837766, "activity_lines": [ 15.382897, 15.524419, 15.634971, 15.701227 ] }, { "date": "2026-05-15", "close": 15.229074, "volume": 4742, "typical_volume": 71417.1, "trend": 15.790453, "fair_value": 13.718724, "relative_strength": -11.427647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.321043, "energy": 53.180228, "activity_lines": [ 15.298317, 15.454126, 15.588174, 15.662932 ] }, { "date": "2026-05-22", "close": 15.030001, "volume": 3696, "typical_volume": 71354.5, "trend": 15.745038, "fair_value": 13.741445, "relative_strength": -15.407648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.255717, "energy": 53.978324, "activity_lines": [ 15.187321, 15.356721, 15.526076, 15.61387 ] }, { "date": "2026-05-29", "close": 15.030001, "volume": 3791, "typical_volume": 71475.8, "trend": 15.712791, "fair_value": 13.765458, "relative_strength": -14.915663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.460665, "energy": 47.160825, "activity_lines": [ 15.129537, 15.275639, 15.467305, 15.567739 ] }, { "date": "2026-06-05", "close": 15.229074, "volume": 695, "typical_volume": 70707.95, "trend": 15.667429, "fair_value": 13.791264, "relative_strength": -12.946568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.162311, "energy": 43.774523, "activity_lines": [ 15.149445, 15.239834, 15.431295, 15.536531 ] }, { "date": "2026-06-12", "close": 14.930464, "volume": 2, "typical_volume": 69545.1, "trend": 15.621989, "fair_value": 13.815931, "relative_strength": -14.22124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.74267, "energy": 47.308794, "activity_lines": [ 15.06318, 15.16244, 15.372068, 15.488985 ] }, { "date": "2026-06-19", "close": 14.731391, "volume": 3785, "typical_volume": 68827.2, "trend": 15.569913, "fair_value": 13.839322, "relative_strength": -16.702502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.492215, "energy": 54.275504, "activity_lines": [ 14.943736, 15.061554, 15.297209, 15.431527 ] }, { "date": "2026-06-26", "close": 15.030001, "volume": 713, "typical_volume": 68002.95, "trend": 15.544249, "fair_value": 13.866307, "relative_strength": -13.999865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.615168, "energy": 50.557325, "activity_lines": [ 14.957007, 15.034901, 15.255538, 15.396694 ] }, { "date": "2026-07-03", "close": 14.7, "volume": 191, "typical_volume": 65142.55, "trend": 15.507584, "fair_value": 13.890134, "relative_strength": -17.799049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.327821, "energy": 60.180716, "activity_lines": [ 14.860279, 14.962762, 15.186713, 15.342226 ] }, { "date": "2026-07-10", "close": 14.8, "volume": 1172, "typical_volume": 63861.45, "trend": 15.500587, "fair_value": 13.915123, "relative_strength": -14.875442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.646006, "energy": 55.009144, "activity_lines": [ 14.818883, 14.917895, 15.13231, 15.296576 ] }, { "date": "2026-07-17", "close": 15.6, "volume": 9765, "typical_volume": 64065.0, "trend": 15.490631, "fair_value": 13.944719, "relative_strength": -8.980665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.957799, "energy": 16.399197, "activity_lines": [ 15.07276, 15.024474, 15.15852, 15.30299 ] }, { "date": "2026-07-24", "close": 15.5, "volume": 1883, "typical_volume": 61498.95, "trend": 15.47405, "fair_value": 13.973674, "relative_strength": -10.624443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.614277, "energy": 13.412894, "activity_lines": [ 15.248667, 15.109746, 15.175344, 15.303594 ] }, { "date": "2026-07-31", "close": 15.0, "volume": 5517, "typical_volume": 53442.3, "trend": 15.449762, "fair_value": 14.00151, "relative_strength": -14.314463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.476948, "energy": 20.006887, "activity_lines": [ 15.206667, 15.099184, 15.145639, 15.27301 ] }, { "date": "2026-08-07", "close": 15.3, "volume": 1724, "typical_volume": 52184.7, "trend": 15.432155, "fair_value": 14.029183, "relative_strength": -13.895941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.690367, "energy": 19.224733, "activity_lines": [ 15.266667, 15.143712, 15.148922, 15.263348 ] } ], "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." } } }