{ "ticker": { "uuid": "c982ba79-6f57-4acc-a192-48b4473bed51", "symbol": "1730", "name": "Farcent Enterprise Co.,Ltd", "exchange": "TAI", "country": "TW", "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": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 67.833, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 62.282, "architecture_energy": 46.866, "architecture_maturity": 21.636, "architecture_confidence": 72.505, "architecture_tenure": "Developing", "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": 12.6, "rotation_up": 61.49, "upward_expansion": 82.04, "deceleration": 60.56, "rotation_down": 18.35, "downward_expansion": 6.37 }, "activity_lines": [ 51.373335, 51.236569, 50.707313, 50.470662 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 51.400002, "trend_reference": 50.225615, "distance_from_trend": 0.023382, "trend_direction": "Improving", "fair_value": 49.007075, "distance_from_fair_value": 0.048828, "fair_value_direction": "Improving", "relative_strength": -27.079113, "relative_strength_direction": "Improving", "price_momentum": 0.025718, "excess_performance": -0.415654, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.023382, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.007341, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.048828, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.031777, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.270791, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.065695, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.025718, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.346596, "read": "Demand-led" } ], "volume": { "latest": 149622, "relative_activity": 0.621339, "balance": 5.346596, "dry_up": 0.703178, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.015036, "annualized_volatility": 0.035609, "from_high_reference": -0.011538, "from_low_reference": 0.047416 }, "levels": { "trend_reference": 50.225615, "fair_value_reference": 49.007075, "structural_low": 49.356283, "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": 16, "median_return": 0.0, "positive_rate": 0.4375, "directional_follow_through": 0.4375, "median_excess_return": 0.006133, "regime_survival": 0.625, "best_return": 0.040406, "worst_return": -0.04014, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.008621, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.054177, "regime_survival": 0.428571, "best_return": 0.064632, "worst_return": -0.034521, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.022719, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.093546, "regime_survival": 0.25, "best_return": 0.095246, "worst_return": -0.029685, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.054392, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.264906, "regime_survival": 0.0, "best_return": 0.068809, "worst_return": 0.039975, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.081439, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": -0.04014, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": 0.025489, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-08-22", "tenure": "Developing", "return": -0.027829, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-09-12", "tenure": "New", "return": -0.001901, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-10-24", "tenure": "Developing", "return": 0.005725, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-10-31", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": 0.001897, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": 0.001876, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": -0.003774, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-02-27", "tenure": "Developing", "return": 0.020952, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.009381, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-07-03", "tenure": "Established", "return": 0.031439, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-14", "tenure": "Developing", "return": 0.001949, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 49.5392, "volume": 131772, "typical_volume": 114834.9, "trend": 46.843854, "fair_value": 48.295315, "relative_strength": -0.988025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.743833, "energy": 69.436346, "activity_lines": [ 49.045546, 48.660244, 48.277993, 47.686455 ] }, { "date": "2023-08-18", "close": 49.11433, "volume": 68111, "typical_volume": 113644.85, "trend": 47.002596, "fair_value": 48.287319, "relative_strength": -0.493764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.392836, "energy": 71.750216, "activity_lines": [ 49.160963, 48.776534, 48.407503, 47.832937 ] }, { "date": "2023-08-25", "close": 49.199306, "volume": 51439, "typical_volume": 113047.5, "trend": 47.161477, "fair_value": 48.270177, "relative_strength": -0.909321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.10577, "energy": 59.707401, "activity_lines": [ 49.234969, 48.899537, 48.528969, 47.974661 ] }, { "date": "2023-09-01", "close": 49.369251, "volume": 68118, "typical_volume": 110859.1, "trend": 47.301787, "fair_value": 48.253149, "relative_strength": -1.486162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.534394, "energy": 52.110841, "activity_lines": [ 49.295608, 49.029938, 48.649693, 48.117098 ] }, { "date": "2023-09-08", "close": 49.11433, "volume": 72284, "typical_volume": 109740.5, "trend": 47.444371, "fair_value": 48.234951, "relative_strength": -1.4562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.504514, "energy": 44.245425, "activity_lines": [ 49.227629, 49.096211, 48.73225, 48.234036 ] }, { "date": "2023-09-15", "close": 49.284279, "volume": 77184, "typical_volume": 110433.0, "trend": 47.581848, "fair_value": 48.218306, "relative_strength": -2.978771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.479943, "energy": 43.049635, "activity_lines": [ 49.233294, 49.174365, 48.818317, 48.35274 ] }, { "date": "2023-09-22", "close": 48.944386, "volume": 63105, "typical_volume": 110212.05, "trend": 47.718768, "fair_value": 48.201801, "relative_strength": -0.124657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.143535, "energy": 33.609947, "activity_lines": [ 49.142656, 49.165674, 48.859298, 48.440645 ] }, { "date": "2023-09-29", "close": 48.859413, "volume": 52437, "typical_volume": 108784.05, "trend": 47.831312, "fair_value": 48.18336, "relative_strength": -0.19379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.317995, "energy": 26.438101, "activity_lines": [ 49.035024, 49.125603, 48.883399, 48.514235 ] }, { "date": "2023-10-06", "close": 48.51952, "volume": 71523, "typical_volume": 104697.95, "trend": 47.932525, "fair_value": 48.165524, "relative_strength": -1.622862, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.065459, "energy": 17.06221, "activity_lines": [ 48.836753, 49.010819, 48.867899, 48.558636 ] }, { "date": "2023-10-13", "close": 47.924717, "volume": 141052, "typical_volume": 105380.65, "trend": 48.03007, "fair_value": 48.151759, "relative_strength": -4.095774, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.917626, "energy": 14.270772, "activity_lines": [ 48.496864, 48.791436, 48.793602, 48.558132 ] }, { "date": "2023-10-20", "close": 47.839737, "volume": 62093, "typical_volume": 103108.3, "trend": 48.108625, "fair_value": 48.134667, "relative_strength": -2.01376, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.901515, "energy": 26.067197, "activity_lines": [ 48.207955, 48.582865, 48.714589, 48.545853 ] }, { "date": "2023-10-27", "close": 47.839737, "volume": 57824, "typical_volume": 101085.5, "trend": 48.1791, "fair_value": 48.112473, "relative_strength": 0.084251, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.455993, "energy": 41.963417, "activity_lines": [ 48.015349, 48.405195, 48.637818, 48.528505 ] }, { "date": "2023-11-03", "close": 47.839737, "volume": 54527, "typical_volume": 96791.75, "trend": 48.252269, "fair_value": 48.081466, "relative_strength": -1.89485, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.731227, "energy": 54.103129, "activity_lines": [ 47.896387, 48.250698, 48.564829, 48.506611 ] }, { "date": "2023-11-10", "close": 47.924717, "volume": 67179, "typical_volume": 96984.7, "trend": 48.301341, "fair_value": 48.054714, "relative_strength": -2.48479, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.070743, "energy": 56.844059, "activity_lines": [ 47.873729, 48.136372, 48.500251, 48.485478 ] }, { "date": "2023-11-17", "close": 48.17963, "volume": 81496, "typical_volume": 97437.9, "trend": 48.358911, "fair_value": 48.030988, "relative_strength": -4.772101, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.949736, "energy": 41.079714, "activity_lines": [ 47.975696, 48.094658, 48.462174, 48.477626 ] }, { "date": "2023-11-24", "close": 48.009686, "volume": 127377, "typical_volume": 99407.7, "trend": 48.40543, "fair_value": 48.000142, "relative_strength": -5.365054, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.137782, "energy": 34.364448, "activity_lines": [ 48.004021, 48.039039, 48.407381, 48.455095 ] }, { "date": "2023-12-01", "close": 48.944386, "volume": 339550, "typical_volume": 111571.85, "trend": 48.466948, "fair_value": 47.977608, "relative_strength": -4.215006, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 10.872491, "energy": 11.576534, "activity_lines": [ 48.332582, 48.176541, 48.441117, 48.489867 ] }, { "date": "2023-12-08", "close": 48.689468, "volume": 104501, "typical_volume": 110440.35, "trend": 48.51189, "fair_value": 47.953903, "relative_strength": -4.273611, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.928767, "energy": 18.005687, "activity_lines": [ 48.502528, 48.267694, 48.446403, 48.504223 ] }, { "date": "2023-12-15", "close": 48.859413, "volume": 99838, "typical_volume": 109009.25, "trend": 48.538261, "fair_value": 47.93407, "relative_strength": -5.341446, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.869321, "energy": 18.837625, "activity_lines": [ 48.672473, 48.392835, 48.465301, 48.526644 ] }, { "date": "2023-12-22", "close": 48.689468, "volume": 95334, "typical_volume": 94337.2, "trend": 48.540117, "fair_value": 47.91454, "relative_strength": -5.064092, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.383113, "energy": 21.92955, "activity_lines": [ 48.723457, 48.480898, 48.467325, 48.536399 ] }, { "date": "2023-12-29", "close": 49.029358, "volume": 63238, "typical_volume": 90910.5, "trend": 48.564074, "fair_value": 47.896725, "relative_strength": -5.937289, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.81207, "energy": 27.778403, "activity_lines": [ 48.853748, 48.616855, 48.504955, 48.567963 ] }, { "date": "2024-01-05", "close": 48.689468, "volume": 76059, "typical_volume": 91307.9, "trend": 48.56593, "fair_value": 47.880905, "relative_strength": -4.149295, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.779626, "energy": 23.609854, "activity_lines": [ 48.802765, 48.669383, 48.512643, 48.576053 ] }, { "date": "2024-01-12", "close": 48.264603, "volume": 114232, "typical_volume": 94447.55, "trend": 48.577859, "fair_value": 47.859579, "relative_strength": -4.739556, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.053949, "energy": 8.444823, "activity_lines": [ 48.627154, 48.629214, 48.481891, 48.556612 ] }, { "date": "2024-01-19", "close": 48.094658, "volume": 82296, "typical_volume": 95156.45, "trend": 48.567966, "fair_value": 47.835308, "relative_strength": -5.810412, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.941587, "energy": 18.80938, "activity_lines": [ 48.423219, 48.550421, 48.439405, 48.525438 ] }, { "date": "2024-01-26", "close": 48.094658, "volume": 41180, "typical_volume": 93601.25, "trend": 48.568845, "fair_value": 47.815212, "relative_strength": -7.264373, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.046682, "energy": 28.042202, "activity_lines": [ 48.270268, 48.468538, 48.402988, 48.494902 ] }, { "date": "2024-02-02", "close": 48.094658, "volume": 66563, "typical_volume": 93070.2, "trend": 48.57511, "fair_value": 47.798826, "relative_strength": -7.454786, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.006157, "energy": 32.329446, "activity_lines": [ 48.156971, 48.3882, 48.371427, 48.464309 ] }, { "date": "2024-02-09", "close": 47.924717, "volume": 31100, "typical_volume": 91469.95, "trend": 48.570325, "fair_value": 47.782742, "relative_strength": -7.825353, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.992605, "energy": 50.889738, "activity_lines": [ 48.049341, 48.275419, 48.329345, 48.422348 ] }, { "date": "2024-02-16", "close": 48.009686, "volume": 37221, "typical_volume": 90709.15, "trend": 48.565678, "fair_value": 47.767667, "relative_strength": -9.99551, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.845806, "energy": 48.752609, "activity_lines": [ 48.021016, 48.196626, 48.300212, 48.386178 ] }, { "date": "2024-02-23", "close": 48.349575, "volume": 148539, "typical_volume": 94559.95, "trend": 48.553511, "fair_value": 47.758946, "relative_strength": -10.511716, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.988052, "energy": 30.070059, "activity_lines": [ 48.122983, 48.191991, 48.307495, 48.372236 ] }, { "date": "2024-03-01", "close": 48.17963, "volume": 136234, "typical_volume": 94319.05, "trend": 48.513857, "fair_value": 47.740322, "relative_strength": -10.82474, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.641718, "energy": 26.665074, "activity_lines": [ 48.151307, 48.165726, 48.299402, 48.348115 ] }, { "date": "2024-03-08", "close": 47.754768, "volume": 234655, "typical_volume": 102947.15, "trend": 48.454376, "fair_value": 47.720366, "relative_strength": -15.110561, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.725189, "energy": 33.904272, "activity_lines": [ 48.032345, 48.071484, 48.249633, 48.299141 ] }, { "date": "2024-03-15", "close": 48.094658, "volume": 194216, "typical_volume": 109766.75, "trend": 48.420387, "fair_value": 47.702589, "relative_strength": -13.786604, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.55402, "energy": 25.134756, "activity_lines": [ 48.049339, 48.062214, 48.232638, 48.275934 ] }, { "date": "2024-03-22", "close": 47.924717, "volume": 169652, "typical_volume": 115523.0, "trend": 48.377901, "fair_value": 47.677692, "relative_strength": -16.131636, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.341827, "energy": 36.393239, "activity_lines": [ 47.998357, 48.032861, 48.198245, 48.243955 ] }, { "date": "2024-03-29", "close": 47.924717, "volume": 178125, "typical_volume": 121070.3, "trend": 48.32975, "fair_value": 47.654187, "relative_strength": -16.107412, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.8437, "energy": 38.985001, "activity_lines": [ 47.95304, 48.009687, 48.163447, 48.214717 ] }, { "date": "2024-04-05", "close": 48.17963, "volume": 83225, "typical_volume": 121156.75, "trend": 48.298593, "fair_value": 47.632316, "relative_strength": -15.543985, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.324508, "energy": 23.831135, "activity_lines": [ 48.021017, 48.035951, 48.152926, 48.205032 ] }, { "date": "2024-04-12", "close": 48.094658, "volume": 165139, "typical_volume": 123044.85, "trend": 48.258939, "fair_value": 47.608046, "relative_strength": -16.97528, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.64843, "energy": 18.684485, "activity_lines": [ 48.06067, 48.04522, 48.134313, 48.191875 ] }, { "date": "2024-04-19", "close": 47.669792, "volume": 200561, "typical_volume": 116095.4, "trend": 48.216453, "fair_value": 47.581515, "relative_strength": -12.28823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.473389, "energy": 31.898686, "activity_lines": [ 47.936042, 47.977242, 48.074832, 48.153865 ] }, { "date": "2024-04-26", "close": 47.839737, "volume": 136616, "typical_volume": 117701.15, "trend": 48.182463, "fair_value": 47.557465, "relative_strength": -14.207316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.833894, "energy": 28.294595, "activity_lines": [ 47.896387, 47.944797, 48.037605, 48.129561 ] }, { "date": "2024-05-03", "close": 48.094658, "volume": 88050, "typical_volume": 117111.75, "trend": 48.168301, "fair_value": 47.535514, "relative_strength": -14.254437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.408787, "energy": 25.760543, "activity_lines": [ 47.947371, 47.961791, 48.028703, 48.123896 ] }, { "date": "2024-05-10", "close": 47.924717, "volume": 180276, "typical_volume": 121358.85, "trend": 48.168301, "fair_value": 47.50969, "relative_strength": -15.684485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.617825, "energy": 28.486285, "activity_lines": [ 47.930378, 47.952522, 48.007258, 48.108181 ] }, { "date": "2024-05-17", "close": 47.58482, "volume": 258753, "typical_volume": 131134.6, "trend": 48.159804, "fair_value": 47.485861, "relative_strength": -18.025745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.774038, "energy": 32.590353, "activity_lines": [ 47.817081, 47.886089, 47.957084, 48.070537 ] }, { "date": "2024-05-24", "close": 47.754768, "volume": 119470, "typical_volume": 133305.15, "trend": 48.156972, "fair_value": 47.456165, "relative_strength": -18.483274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.54812, "energy": 30.796708, "activity_lines": [ 47.794422, 47.853645, 47.929973, 48.044406 ] }, { "date": "2024-05-31", "close": 47.924717, "volume": 99792, "typical_volume": 132583.15, "trend": 48.159805, "fair_value": 47.437762, "relative_strength": -16.309836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.479924, "energy": 29.863379, "activity_lines": [ 47.822747, 47.85828, 47.923499, 48.029422 ] }, { "date": "2024-06-07", "close": 47.669792, "volume": 79064, "typical_volume": 132421.55, "trend": 48.151307, "fair_value": 47.4219, "relative_strength": -18.95761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.478693, "energy": 37.607254, "activity_lines": [ 47.760433, 47.816566, 47.894366, 47.997808 ] }, { "date": "2024-06-14", "close": 47.58482, "volume": 112476, "typical_volume": 135986.35, "trend": 48.13148, "fair_value": 47.40271, "relative_strength": -21.05509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.83277, "energy": 36.151585, "activity_lines": [ 47.698118, 47.764037, 47.859162, 47.96126 ] }, { "date": "2024-06-21", "close": 47.839737, "volume": 154335, "typical_volume": 140374.95, "trend": 48.125815, "fair_value": 47.389792, "relative_strength": -22.768437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.221462, "energy": 26.386383, "activity_lines": [ 47.743436, 47.768671, 47.850665, 47.942438 ] }, { "date": "2024-06-28", "close": 47.754768, "volume": 112773, "typical_volume": 144458.6, "trend": 48.086161, "fair_value": 47.377257, "relative_strength": -21.731293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.955158, "energy": 26.654033, "activity_lines": [ 47.743437, 47.762492, 47.835289, 47.9185 ] }, { "date": "2024-07-05", "close": 47.754768, "volume": 97101, "typical_volume": 147452.6, "trend": 48.055004, "fair_value": 47.367506, "relative_strength": -22.999669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.141992, "energy": 23.23771, "activity_lines": [ 47.743437, 47.754767, 47.820722, 47.89712 ] }, { "date": "2024-07-12", "close": 47.924717, "volume": 160547, "typical_volume": 148053.0, "trend": 48.023848, "fair_value": 47.356988, "relative_strength": -23.455262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.666631, "energy": 12.70798, "activity_lines": [ 47.811417, 47.779487, 47.823555, 47.888714 ] }, { "date": "2024-07-19", "close": 47.839737, "volume": 197390, "typical_volume": 151110.8, "trend": 47.995524, "fair_value": 47.343607, "relative_strength": -19.656607, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.444683, "energy": 12.170795, "activity_lines": [ 47.834075, 47.791846, 47.820318, 47.876836 ] }, { "date": "2024-07-26", "close": 47.754768, "volume": 514425, "typical_volume": 165099.3, "trend": 47.953037, "fair_value": 47.333855, "relative_strength": -16.674758, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.130113, "energy": 11.273819, "activity_lines": [ 47.811416, 47.790301, 47.810607, 47.861303 ] }, { "date": "2024-08-02", "close": 48.09024, "volume": 715916, "typical_volume": 191184.3, "trend": 47.933063, "fair_value": 47.324399, "relative_strength": -13.77019, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.170845, "energy": 6.428476, "activity_lines": [ 47.906246, 47.846662, 47.832845, 47.870155 ] }, { "date": "2024-08-09", "close": 48.17963, "volume": 303407, "typical_volume": 197872.05, "trend": 47.930231, "fair_value": 47.310413, "relative_strength": -12.446135, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.55749, "energy": 8.265615, "activity_lines": [ 48.008507, 47.913175, 47.863618, 47.886062 ] }, { "date": "2024-08-16", "close": 48.269016, "volume": 165336, "typical_volume": 197232.6, "trend": 47.936042, "fair_value": 47.302103, "relative_strength": -15.205395, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.651709, "energy": 12.999697, "activity_lines": [ 48.11224, 47.991306, 47.90169, 47.90792 ] }, { "date": "2024-08-23", "close": 48.715954, "volume": 152277, "typical_volume": 200685.2, "trend": 47.956752, "fair_value": 47.295871, "relative_strength": -13.165817, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.886047, "energy": 44.977461, "activity_lines": [ 48.341998, 48.139803, 47.980688, 47.958236 ] }, { "date": "2024-08-30", "close": 48.358402, "volume": 130358, "typical_volume": 198946.15, "trend": 47.965544, "fair_value": 47.302093, "relative_strength": -13.70844, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.593241, "energy": 42.440558, "activity_lines": [ 48.394158, 48.202724, 48.02308, 47.984149 ] }, { "date": "2024-09-06", "close": 47.553921, "volume": 181413, "typical_volume": 197988.75, "trend": 47.953184, "fair_value": 47.287429, "relative_strength": -11.342382, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.101957, "energy": 18.618172, "activity_lines": [ 48.137916, 48.109946, 47.987598, 47.957593 ] }, { "date": "2024-09-13", "close": 47.375145, "volume": 91875, "typical_volume": 195751.7, "trend": 47.932033, "fair_value": 47.271619, "relative_strength": -12.498153, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.728476, "energy": 6.518168, "activity_lines": [ 47.857836, 47.988315, 47.935642, 47.9203 ] }, { "date": "2024-09-20", "close": 47.553921, "volume": 91642, "typical_volume": 195931.3, "trend": 47.905511, "fair_value": 47.255972, "relative_strength": -13.183118, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.108204, "energy": 12.998622, "activity_lines": [ 47.69098, 47.906091, 47.902925, 47.895906 ] }, { "date": "2024-09-27", "close": 47.553921, "volume": 111256, "typical_volume": 192480.3, "trend": 47.884654, "fair_value": 47.242291, "relative_strength": -15.10948, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.545526, "energy": 30.130233, "activity_lines": [ 47.571798, 47.830609, 47.872782, 47.873223 ] }, { "date": "2024-10-04", "close": 47.822083, "volume": 110554, "typical_volume": 185070.35, "trend": 47.886898, "fair_value": 47.230821, "relative_strength": -12.094085, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.458455, "energy": 25.289009, "activity_lines": [ 47.619472, 47.80908, 47.869944, 47.869186 ] }, { "date": "2024-10-11", "close": 47.375145, "volume": 81403, "typical_volume": 183167.0, "trend": 47.862914, "fair_value": 47.22435, "relative_strength": -14.663617, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.495427, "energy": 31.455629, "activity_lines": [ 47.55392, 47.705066, 47.823411, 47.83617 ] }, { "date": "2024-10-18", "close": 47.464535, "volume": 100961, "typical_volume": 183225.45, "trend": 47.847574, "fair_value": 47.217469, "relative_strength": -16.042283, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.75931, "energy": 25.784313, "activity_lines": [ 47.530084, 47.630306, 47.787199, 47.810468 ] }, { "date": "2024-10-25", "close": 47.375145, "volume": 119319, "typical_volume": 185238.2, "trend": 47.829255, "fair_value": 47.209524, "relative_strength": -15.067025, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.002217, "energy": 32.352472, "activity_lines": [ 47.470492, 47.552295, 47.744666, 47.779988 ] }, { "date": "2024-11-01", "close": 47.375145, "volume": 77108, "typical_volume": 183469.8, "trend": 47.802439, "fair_value": 47.200104, "relative_strength": -12.37066, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.986377, "energy": 41.36311, "activity_lines": [ 47.422819, 47.490537, 47.703535, 47.750691 ] }, { "date": "2024-11-08", "close": 47.553921, "volume": 84431, "typical_volume": 179974.6, "trend": 47.784415, "fair_value": 47.192813, "relative_strength": -14.337069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.121179, "energy": 40.581583, "activity_lines": [ 47.446656, 47.485661, 47.680429, 47.734658 ] }, { "date": "2024-11-15", "close": 47.732697, "volume": 123601, "typical_volume": 180516.0, "trend": 47.786511, "fair_value": 47.18421, "relative_strength": -10.436169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.818757, "energy": 24.65324, "activity_lines": [ 47.547962, 47.527917, 47.67571, 47.731321 ] }, { "date": "2024-11-22", "close": 48.269016, "volume": 157901, "typical_volume": 183556.0, "trend": 47.800821, "fair_value": 47.17708, "relative_strength": -9.571655, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.380715, "energy": 10.798404, "activity_lines": [ 47.804204, 47.664436, 47.722174, 47.76245 ] }, { "date": "2024-11-29", "close": 47.643307, "volume": 113985, "typical_volume": 181227.9, "trend": 47.785776, "fair_value": 47.16987, "relative_strength": -7.662703, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.884386, "energy": 11.912499, "activity_lines": [ 47.798245, 47.670936, 47.706598, 47.752288 ] }, { "date": "2024-12-06", "close": 47.822083, "volume": 97071, "typical_volume": 176211.95, "trend": 47.782355, "fair_value": 47.16184, "relative_strength": -10.486887, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.632489, "energy": 11.803143, "activity_lines": [ 47.834, 47.708317, 47.709389, 47.75463 ] }, { "date": "2024-12-13", "close": 48.09024, "volume": 134360, "typical_volume": 157208.7, "trend": 47.799202, "fair_value": 47.157988, "relative_strength": -8.794972, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.914097, "energy": 18.134464, "activity_lines": [ 47.929345, 47.789577, 47.737802, 47.774494 ] }, { "date": "2024-12-20", "close": 47.464535, "volume": 64134, "typical_volume": 124619.6, "trend": 47.789528, "fair_value": 47.150124, "relative_strength": -7.429512, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.707392, "energy": 10.224325, "activity_lines": [ 47.780368, 47.752197, 47.705027, 47.752903 ] }, { "date": "2024-12-27", "close": 48.447792, "volume": 383690, "typical_volume": 128633.75, "trend": 47.806963, "fair_value": 47.149546, "relative_strength": -8.112643, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.258767, "energy": 15.748864, "activity_lines": [ 47.97702, 47.891966, 47.768875, 47.795371 ] }, { "date": "2025-01-03", "close": 48.805336, "volume": 107085, "typical_volume": 125721.2, "trend": 47.844815, "fair_value": 47.151751, "relative_strength": -5.429196, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.083771, "energy": 49.414822, "activity_lines": [ 48.280934, 48.078866, 47.865498, 47.859782 ] }, { "date": "2025-01-10", "close": 47.822083, "volume": 207108, "typical_volume": 128462.75, "trend": 47.852724, "fair_value": 47.146179, "relative_strength": -7.21461, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.069352, "energy": 29.36566, "activity_lines": [ 48.17963, 48.060989, 47.865924, 47.858316 ] }, { "date": "2025-01-17", "close": 47.375145, "volume": 103165, "typical_volume": 127103.1, "trend": 47.837237, "fair_value": 47.131844, "relative_strength": -8.091243, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -7.669343, "energy": 10.256677, "activity_lines": [ 47.929346, 47.953724, 47.828041, 47.827504 ] }, { "date": "2025-01-24", "close": 47.553921, "volume": 47100, "typical_volume": 120387.45, "trend": 47.830542, "fair_value": 47.123079, "relative_strength": -8.710667, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.425443, "energy": 5.617209, "activity_lines": [ 47.786327, 47.882214, 47.811866, 47.809226 ] }, { "date": "2025-02-07", "close": 47.643307, "volume": 83472, "typical_volume": 119967.3, "trend": 47.826827, "fair_value": 47.113903, "relative_strength": -7.848176, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.440528, "energy": 12.979682, "activity_lines": [ 47.667144, 47.830207, 47.804204, 47.797146 ] }, { "date": "2025-02-14", "close": 48.358402, "volume": 228202, "typical_volume": 126795.3, "trend": 47.841283, "fair_value": 47.112752, "relative_strength": -4.683523, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.929496, "energy": 7.39836, "activity_lines": [ 47.839958, 47.919594, 47.86337, 47.831441 ] }, { "date": "2025-02-21", "close": 49.252274, "volume": 203562, "typical_volume": 131410.6, "trend": 47.888368, "fair_value": 47.116348, "relative_strength": -4.863398, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.822531, "energy": 42.456191, "activity_lines": [ 48.340526, 48.158501, 48.003835, 47.922473 ] }, { "date": "2025-02-28", "close": 49.788597, "volume": 198009, "typical_volume": 135783.35, "trend": 47.956162, "fair_value": 47.123382, "relative_strength": -0.652622, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.978574, "energy": 67.046041, "activity_lines": [ 48.924521, 48.468918, 48.187291, 48.045068 ] }, { "date": "2025-03-07", "close": 49.609821, "volume": 146751, "typical_volume": 139050.75, "trend": 48.006815, "fair_value": 47.131236, "relative_strength": 1.39381, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.713031, "energy": 72.846634, "activity_lines": [ 49.288028, 48.715951, 48.344357, 48.151756 ] }, { "date": "2025-03-14", "close": 49.431049, "volume": 276040, "typical_volume": 147804.7, "trend": 48.048529, "fair_value": 47.137944, "relative_strength": 3.975499, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.469753, "energy": 71.323868, "activity_lines": [ 49.454885, 48.891475, 48.473755, 48.243642 ] }, { "date": "2025-03-21", "close": 49.431049, "volume": 73283, "typical_volume": 145502.9, "trend": 48.087263, "fair_value": 47.148584, "relative_strength": 3.04644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.587391, "energy": 66.992616, "activity_lines": [ 49.502558, 49.049122, 48.59379, 48.332837 ] }, { "date": "2025-03-28", "close": 49.162888, "volume": 99120, "typical_volume": 146603.5, "trend": 48.102161, "fair_value": 47.162913, "relative_strength": 5.451078, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.11761, "energy": 41.907645, "activity_lines": [ 49.389335, 49.146635, 48.678494, 48.402232 ] }, { "date": "2025-04-04", "close": 48.715954, "volume": 110203, "typical_volume": 147892.1, "trend": 48.114079, "fair_value": 47.170444, "relative_strength": 6.057265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.824109, "energy": 29.67345, "activity_lines": [ 49.133093, 49.138509, 48.712121, 48.441832 ] }, { "date": "2025-04-11", "close": 47.196369, "volume": 482218, "typical_volume": 165822.95, "trend": 48.102161, "fair_value": 47.169217, "relative_strength": 12.011161, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.479042, "energy": 10.8537, "activity_lines": [ 48.441831, 48.829717, 48.595492, 48.382625 ] }, { "date": "2025-04-18", "close": 47.285763, "volume": 85160, "typical_volume": 162185.9, "trend": 48.099181, "fair_value": 47.168563, "relative_strength": 12.877725, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.340559, "energy": 22.875211, "activity_lines": [ 47.941265, 48.543679, 48.489931, 48.329954 ] }, { "date": "2025-04-25", "close": 47.375145, "volume": 81050, "typical_volume": 160539.15, "trend": 48.093222, "fair_value": 47.17094, "relative_strength": 10.428927, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.466284, "energy": 30.149837, "activity_lines": [ 47.613512, 48.280394, 48.397564, 48.283242 ] }, { "date": "2025-05-02", "close": 48.626564, "volume": 92472, "typical_volume": 160309.2, "trend": 48.128977, "fair_value": 47.182813, "relative_strength": 8.394444, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.739311, "energy": 20.904044, "activity_lines": [ 47.839959, 48.262516, 48.425657, 48.317651 ] }, { "date": "2025-05-09", "close": 50.95063, "volume": 520663, "typical_volume": 179624.35, "trend": 48.233262, "fair_value": 47.212042, "relative_strength": 12.812466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.515452, "energy": 26.558687, "activity_lines": [ 48.876849, 48.678572, 48.671259, 48.499693 ] }, { "date": "2025-05-16", "close": 51.040012, "volume": 395420, "typical_volume": 196188.65, "trend": 48.355424, "fair_value": 47.242827, "relative_strength": 8.184343, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 66.896476, "energy": 51.979406, "activity_lines": [ 49.794555, 49.089752, 48.911752, 48.680774 ] }, { "date": "2025-05-23", "close": 51.218788, "volume": 412118, "typical_volume": 197610.05, "trend": 48.480566, "fair_value": 47.288029, "relative_strength": 9.399364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.905813, "energy": 63.493266, "activity_lines": [ 50.51561, 49.507433, 49.152246, 48.865507 ] }, { "date": "2025-05-30", "close": 51.308178, "volume": 216053, "typical_volume": 203058.45, "trend": 48.611667, "fair_value": 47.324465, "relative_strength": 10.969153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.083845, "energy": 72.466203, "activity_lines": [ 51.00426, 49.908863, 49.388057, 49.047933 ] }, { "date": "2025-06-06", "close": 50.682468, "volume": 127455, "typical_volume": 199075.8, "trend": 48.721911, "fair_value": 47.357382, "relative_strength": 7.956769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.8256, "energy": 68.694817, "activity_lines": [ 51.022138, 50.162397, 49.552359, 49.181534 ] }, { "date": "2025-06-13", "close": 49.967373, "volume": 259110, "typical_volume": 206873.05, "trend": 48.80236, "fair_value": 47.38424, "relative_strength": 4.368795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.981934, "energy": 45.582741, "activity_lines": [ 50.664591, 50.258285, 49.634936, 49.261886 ] }, { "date": "2025-06-20", "close": 49.162888, "volume": 203380, "typical_volume": 214687.05, "trend": 48.850033, "fair_value": 47.403975, "relative_strength": 2.7099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.147971, "energy": 22.851128, "activity_lines": [ 50.104432, 50.185151, 49.628551, 49.285146 ] }, { "date": "2025-06-27", "close": 49.877983, "volume": 147185, "typical_volume": 217872.7, "trend": 48.903665, "fair_value": 47.428786, "relative_strength": 1.601519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.230379, "energy": 16.815525, "activity_lines": [ 49.90778, 50.206278, 49.682609, 49.351465 ] }, { "date": "2025-07-04", "close": 50.960598, "volume": 382463, "typical_volume": 225585.75, "trend": 49.014241, "fair_value": 47.465943, "relative_strength": 3.785357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.518922, "energy": 19.12684, "activity_lines": [ 50.161387, 50.377114, 49.829132, 49.484171 ] }, { "date": "2025-07-11", "close": 50.394371, "volume": 102239, "typical_volume": 220519.6, "trend": 49.099984, "fair_value": 47.502912, "relative_strength": 1.545644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.377556, "energy": 18.304157, "activity_lines": [ 50.249423, 50.379809, 49.909337, 49.573211 ] }, { "date": "2025-07-18", "close": 51.149342, "volume": 171590, "typical_volume": 219198.65, "trend": 49.201954, "fair_value": 47.544719, "relative_strength": 0.118684, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 57.50855, "energy": 34.681951, "activity_lines": [ 50.608323, 50.487629, 50.056005, 49.705428 ] }, { "date": "2025-07-25", "close": 50.86623, "volume": 117050, "typical_volume": 217713.6, "trend": 49.315344, "fair_value": 47.585696, "relative_strength": -0.430247, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.005271, "energy": 39.864385, "activity_lines": [ 50.794054, 50.540362, 50.169231, 49.8128 ] }, { "date": "2025-08-01", "close": 50.583113, "volume": 72788, "typical_volume": 207551.0, "trend": 49.386521, "fair_value": 47.624365, "relative_strength": -1.279799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.986152, "energy": 36.679992, "activity_lines": [ 50.771857, 50.544779, 50.24951, 49.894592 ] }, { "date": "2025-08-08", "close": 51.338085, "volume": 339224, "typical_volume": 220848.05, "trend": 49.470946, "fair_value": 47.657237, "relative_strength": -2.180881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.310458, "energy": 43.970054, "activity_lines": [ 50.954308, 50.69802, 50.396205, 50.020499 ] }, { "date": "2025-08-15", "close": 49.922516, "volume": 310562, "typical_volume": 231420.15, "trend": 49.540961, "fair_value": 47.682587, "relative_strength": -5.942974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.956905, "energy": 24.189987, "activity_lines": [ 50.639737, 50.593342, 50.399003, 50.049633 ] }, { "date": "2025-08-22", "close": 49.450657, "volume": 176344, "typical_volume": 234727.2, "trend": 49.610145, "fair_value": 47.701806, "relative_strength": -4.530874, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.580273, "energy": 10.850468, "activity_lines": [ 50.199337, 50.416689, 50.353245, 50.043807 ] }, { "date": "2025-08-29", "close": 49.639397, "volume": 121255, "typical_volume": 216679.05, "trend": 49.67966, "fair_value": 47.722234, "relative_strength": -5.895088, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.638935, "energy": 10.946426, "activity_lines": [ 49.935096, 50.283747, 50.321963, 50.045694 ] }, { "date": "2025-09-05", "close": 49.733772, "volume": 118059, "typical_volume": 218324.0, "trend": 49.749343, "fair_value": 47.741714, "relative_strength": -6.606114, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.432905, "energy": 16.685135, "activity_lines": [ 49.784102, 50.1593, 50.288036, 50.049185 ] }, { "date": "2025-09-12", "close": 49.545029, "volume": 166051, "typical_volume": 222574.05, "trend": 49.788897, "fair_value": 47.76102, "relative_strength": -10.322911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.057377, "energy": 28.563697, "activity_lines": [ 49.626817, 50.003159, 50.224477, 50.036004 ] }, { "date": "2025-09-19", "close": 49.450657, "volume": 173050, "typical_volume": 226602.95, "trend": 49.79551, "fair_value": 47.782828, "relative_strength": -10.663492, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.825521, "energy": 33.697394, "activity_lines": [ 49.557611, 49.855596, 50.141596, 50.014182 ] }, { "date": "2025-09-26", "close": 49.356285, "volume": 105205, "typical_volume": 205830.05, "trend": 49.781099, "fair_value": 47.801442, "relative_strength": -10.668897, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.347647, "energy": 35.925324, "activity_lines": [ 49.488405, 49.708033, 50.045804, 49.985845 ] }, { "date": "2025-10-03", "close": 49.261913, "volume": 76441, "typical_volume": 189881.1, "trend": 49.769502, "fair_value": 47.824111, "relative_strength": -14.588949, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.838791, "energy": 40.97447, "activity_lines": [ 49.394034, 49.575913, 49.948616, 49.952349 ] }, { "date": "2025-10-10", "close": 49.450657, "volume": 111234, "typical_volume": 174836.9, "trend": 49.770156, "fair_value": 47.852134, "relative_strength": -15.70977, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.481166, "energy": 35.835394, "activity_lines": [ 49.387742, 49.50728, 49.877871, 49.931778 ] }, { "date": "2025-10-17", "close": 49.356285, "volume": 102052, "typical_volume": 169136.85, "trend": 49.767664, "fair_value": 47.88214, "relative_strength": -15.675147, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.897542, "energy": 36.202035, "activity_lines": [ 49.368868, 49.442077, 49.806557, 49.905077 ] }, { "date": "2025-10-24", "close": 49.733772, "volume": 109230, "typical_volume": 168225.6, "trend": 49.786693, "fair_value": 47.921299, "relative_strength": -15.577272, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.855424, "energy": 18.405156, "activity_lines": [ 49.488405, 49.481542, 49.78049, 49.90289 ] }, { "date": "2025-10-31", "close": 49.261913, "volume": 154000, "typical_volume": 162970.1, "trend": 49.804892, "fair_value": 47.96313, "relative_strength": -18.245893, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.011006, "energy": 21.291175, "activity_lines": [ 49.431782, 49.438646, 49.714001, 49.869033 ] }, { "date": "2025-11-07", "close": 49.733772, "volume": 248065, "typical_volume": 165204.35, "trend": 49.889472, "fair_value": 48.007985, "relative_strength": -15.511781, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.454276, "energy": 21.370644, "activity_lines": [ 49.538737, 49.484974, 49.69581, 49.864445 ] }, { "date": "2025-11-14", "close": 49.733772, "volume": 135127, "typical_volume": 164601.45, "trend": 49.971072, "fair_value": 48.051805, "relative_strength": -14.571594, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.967148, "energy": 20.132132, "activity_lines": [ 49.614234, 49.529586, 49.674901, 49.8544 ] }, { "date": "2025-11-21", "close": 49.450657, "volume": 165469, "typical_volume": 153751.75, "trend": 50.040256, "fair_value": 48.089666, "relative_strength": -11.782803, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.916239, "energy": 20.989048, "activity_lines": [ 49.576486, 49.522722, 49.627716, 49.820825 ] }, { "date": "2025-11-28", "close": 49.82814, "volume": 201246, "typical_volume": 158702.1, "trend": 50.080308, "fair_value": 48.124769, "relative_strength": -14.708304, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.967584, "energy": 16.73121, "activity_lines": [ 49.658273, 49.586208, 49.623671, 49.80714 ] }, { "date": "2025-12-05", "close": 50.299999, "volume": 151482, "typical_volume": 157696.7, "trend": 50.058621, "fair_value": 48.15979, "relative_strength": -14.725626, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.995839, "energy": 11.299558, "activity_lines": [ 49.891056, 49.728623, 49.667262, 49.821313 ] }, { "date": "2025-12-12", "close": 50.394371, "volume": 63176, "typical_volume": 155003.0, "trend": 50.037099, "fair_value": 48.192308, "relative_strength": -15.010489, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.15821, "energy": 25.63308, "activity_lines": [ 50.08609, 49.871038, 49.723884, 49.842975 ] }, { "date": "2025-12-19", "close": 50.016884, "volume": 112002, "typical_volume": 156963.7, "trend": 49.997036, "fair_value": 48.226032, "relative_strength": -13.896274, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.156123, "energy": 25.34555, "activity_lines": [ 50.111256, 49.924229, 49.746803, 49.841671 ] }, { "date": "2025-12-26", "close": 50.016884, "volume": 82117, "typical_volume": 144108.35, "trend": 49.953993, "fair_value": 48.260273, "relative_strength": -16.214109, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.059491, "energy": 29.896755, "activity_lines": [ 50.117547, 49.967125, 49.772418, 49.842951 ] }, { "date": "2026-01-02", "close": 49.82814, "volume": 129147, "typical_volume": 135037.6, "trend": 49.925515, "fair_value": 48.293304, "relative_strength": -18.50009, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.059397, "energy": 13.689203, "activity_lines": [ 50.023175, 49.963693, 49.786349, 49.834831 ] }, { "date": "2026-01-09", "close": 49.545029, "volume": 157065, "typical_volume": 134073.65, "trend": 49.911437, "fair_value": 48.324003, "relative_strength": -21.115533, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.084475, "energy": 15.800152, "activity_lines": [ 49.834433, 49.907071, 49.773766, 49.810284 ] }, { "date": "2026-01-16", "close": 49.733772, "volume": 144321, "typical_volume": 135226.95, "trend": 49.930466, "fair_value": 48.357983, "relative_strength": -23.286048, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.711318, "energy": 17.174389, "activity_lines": [ 49.758937, 49.879617, 49.778709, 49.798822 ] }, { "date": "2026-01-23", "close": 49.356285, "volume": 222537, "typical_volume": 140450.85, "trend": 49.913077, "fair_value": 48.390062, "relative_strength": -24.833283, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.951979, "energy": 27.562662, "activity_lines": [ 49.601651, 49.78353, 49.747252, 49.761778 ] }, { "date": "2026-01-30", "close": 50.016884, "volume": 311353, "typical_volume": 147715.95, "trend": 49.881619, "fair_value": 48.425857, "relative_strength": -23.740707, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.758918, "energy": 13.069296, "activity_lines": [ 49.708605, 49.814415, 49.780507, 49.768475 ] }, { "date": "2026-02-06", "close": 50.111256, "volume": 242008, "typical_volume": 151163.85, "trend": 49.872182, "fair_value": 48.457596, "relative_strength": -22.592376, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -10.001531, "energy": 4.553406, "activity_lines": [ 49.847016, 49.852164, 49.820502, 49.78329 ] }, { "date": "2026-02-13", "close": 50.205627, "volume": 202182, "typical_volume": 156012.7, "trend": 49.840725, "fair_value": 48.492011, "relative_strength": -26.238966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.736274, "energy": 17.135833, "activity_lines": [ 49.99801, 49.901923, 49.86634, 49.804803 ] }, { "date": "2026-02-27", "close": 50.583111, "volume": 382816, "typical_volume": 171331.45, "trend": 49.831288, "fair_value": 48.526775, "relative_strength": -29.04399, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.8491, "energy": 46.947962, "activity_lines": [ 50.230792, 50.022032, 49.944084, 49.852699 ] }, { "date": "2026-03-06", "close": 50.299999, "volume": 258364, "typical_volume": 178687.95, "trend": 49.821851, "fair_value": 48.561795, "relative_strength": -25.155911, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.316781, "energy": 51.448582, "activity_lines": [ 50.312581, 50.087234, 49.988573, 49.882938 ] }, { "date": "2026-03-13", "close": 50.016884, "volume": 309456, "typical_volume": 189058.15, "trend": 49.777811, "fair_value": 48.590858, "relative_strength": -24.626036, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.027007, "energy": 44.916007, "activity_lines": [ 50.237084, 50.095813, 50.002055, 49.895521 ] }, { "date": "2026-03-20", "close": 49.82814, "volume": 165290, "typical_volume": 191861.15, "trend": 49.774665, "fair_value": 48.618711, "relative_strength": -24.674297, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.047944, "energy": 22.065158, "activity_lines": [ 50.098672, 50.070075, 49.994415, 49.898768 ] }, { "date": "2026-03-27", "close": 49.639397, "volume": 112095, "typical_volume": 189765.9, "trend": 49.780956, "fair_value": 48.648461, "relative_strength": -23.439753, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.272805, "energy": 10.652665, "activity_lines": [ 49.91622, 50.01002, 49.96835, 49.890041 ] }, { "date": "2026-04-03", "close": 49.82814, "volume": 83074, "typical_volume": 181516.35, "trend": 49.787248, "fair_value": 48.676314, "relative_strength": -21.297578, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.829731, "energy": 15.041018, "activity_lines": [ 49.834432, 49.982567, 49.958464, 49.893085 ] }, { "date": "2026-04-10", "close": 50.016884, "volume": 88102, "typical_volume": 179165.1, "trend": 49.796685, "fair_value": 48.703823, "relative_strength": -26.711656, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.631618, "energy": 14.336773, "activity_lines": [ 49.865889, 49.987714, 49.966103, 49.9079 ] }, { "date": "2026-04-17", "close": 49.82814, "volume": 158427, "typical_volume": 178813.0, "trend": 49.806122, "fair_value": 48.73064, "relative_strength": -28.985443, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.479303, "energy": 8.865761, "activity_lines": [ 49.853306, 49.946534, 49.954419, 49.90993 ] }, { "date": "2026-04-24", "close": 49.545029, "volume": 231185, "typical_volume": 180309.95, "trend": 49.809267, "fair_value": 48.750464, "relative_strength": -32.45449, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.303727, "energy": 13.065297, "activity_lines": [ 49.758936, 49.85731, 49.913974, 49.893085 ] }, { "date": "2026-05-01", "close": 49.545029, "volume": 127000, "typical_volume": 179085.85, "trend": 49.815559, "fair_value": 48.770287, "relative_strength": -31.669499, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.914199, "energy": 18.998453, "activity_lines": [ 49.683439, 49.778382, 49.874878, 49.876037 ] }, { "date": "2026-05-08", "close": 49.82814, "volume": 237291, "typical_volume": 187791.6, "trend": 49.834433, "fair_value": 48.79089, "relative_strength": -34.934579, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.751699, "energy": 16.57079, "activity_lines": [ 49.708604, 49.762939, 49.866339, 49.876849 ] }, { "date": "2026-05-15", "close": 49.639397, "volume": 226198, "typical_volume": 193501.4, "trend": 49.840724, "fair_value": 48.807176, "relative_strength": -33.648657, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.34952, "energy": 23.043835, "activity_lines": [ 49.670855, 49.726906, 49.842521, 49.864266 ] }, { "date": "2026-05-22", "close": 49.545029, "volume": 229023, "typical_volume": 200846.7, "trend": 49.847016, "fair_value": 48.821303, "relative_strength": -34.686485, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.259061, "energy": 30.525279, "activity_lines": [ 49.626816, 49.685726, 49.811514, 49.845189 ] }, { "date": "2026-05-29", "close": 49.545029, "volume": 217744, "typical_volume": 205276.55, "trend": 49.840724, "fair_value": 48.830769, "relative_strength": -37.442288, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.474887, "energy": 28.325955, "activity_lines": [ 49.601651, 49.653126, 49.782753, 49.825706 ] }, { "date": "2026-06-05", "close": 49.82814, "volume": 370120, "typical_volume": 215929.3, "trend": 49.859599, "fair_value": 48.838425, "relative_strength": -36.663715, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.723347, "energy": 20.727418, "activity_lines": [ 49.670856, 49.677147, 49.782304, 49.824894 ] }, { "date": "2026-06-12", "close": 49.82814, "volume": 314427, "typical_volume": 224434.6, "trend": 49.862744, "fair_value": 48.848153, "relative_strength": -34.49597, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.146391, "energy": 13.566195, "activity_lines": [ 49.721187, 49.697737, 49.780506, 49.822865 ] }, { "date": "2026-06-19", "close": 50.016884, "volume": 171020, "typical_volume": 221858.75, "trend": 49.872181, "fair_value": 48.857019, "relative_strength": -36.657327, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.247318, "energy": 10.858524, "activity_lines": [ 49.834432, 49.752644, 49.796235, 49.832809 ] }, { "date": "2026-06-26", "close": 50.583111, "volume": 553106, "typical_volume": 233946.4, "trend": 49.90993, "fair_value": 48.874175, "relative_strength": -32.38092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.689128, "energy": 23.682866, "activity_lines": [ 50.111255, 49.910501, 49.862744, 49.878675 ] }, { "date": "2026-07-03", "close": 51.200001, "volume": 865952, "typical_volume": 265143.6, "trend": 49.955658, "fair_value": 48.892179, "relative_strength": -33.94448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.177379, "energy": 67.046395, "activity_lines": [ 50.524501, 50.166794, 49.985308, 49.961906 ] }, { "date": "2026-07-10", "close": 51.299999, "volume": 0, "typical_volume": 255034.5, "trend": 49.988992, "fair_value": 48.912895, "relative_strength": -30.828077, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.017963, "energy": 78.979739, "activity_lines": [ 50.860749, 50.411177, 50.112212, 50.048638 ] }, { "date": "2026-07-17", "close": 51.400002, "volume": 266130, "typical_volume": 249200.2, "trend": 50.022513, "fair_value": 48.935287, "relative_strength": -25.448994, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.440216, "energy": 80.352657, "activity_lines": [ 51.132208, 50.641835, 50.243428, 50.13967 ] }, { "date": "2026-07-24", "close": 51.5, "volume": 134564, "typical_volume": 243010.2, "trend": 50.07195, "fair_value": 48.957286, "relative_strength": -26.100541, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.524963, "energy": 80.325394, "activity_lines": [ 51.332208, 50.862094, 50.380278, 50.234992 ] }, { "date": "2026-07-31", "close": 51.200001, "volume": 241000, "typical_volume": 239587.4, "trend": 50.111387, "fair_value": 48.976843, "relative_strength": -24.72182, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.430103, "energy": 67.549678, "activity_lines": [ 51.333334, 50.993979, 50.482842, 50.30777 ] }, { "date": "2026-08-07", "close": 51.400002, "volume": 152131, "typical_volume": 238929.45, "trend": 50.163783, "fair_value": 48.994057, "relative_strength": -25.411951, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.991885, "energy": 51.118934, "activity_lines": [ 51.360001, 51.132137, 50.59882, 50.390906 ] }, { "date": "2026-08-14", "close": 51.400002, "volume": 149622, "typical_volume": 240805.8, "trend": 50.225615, "fair_value": 49.007075, "relative_strength": -27.079113, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.281971, "energy": 46.866241, "activity_lines": [ 51.373335, 51.236569, 50.707313, 50.470662 ] } ], "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." } } }