{ "ticker": { "uuid": "cbcfc9ab-c531-48d3-8e57-a1d978c5883d", "symbol": "CDRE", "name": "Cadre Holdings Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -2.914, "architecture_energy": 9.139, "architecture_maturity": 82.479, "architecture_confidence": 70.215, "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": 68.65, "rotation_up": 31.33, "upward_expansion": 29.6, "deceleration": 49.87, "rotation_down": 16.18, "downward_expansion": 40.27 }, "activity_lines": [ 31.099278, 30.213714, 30.087424, 31.202151 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 32.82, "trend_reference": 33.640122, "distance_from_trend": -0.024379, "trend_direction": "Weakening", "fair_value": 33.537654, "distance_from_fair_value": -0.021398, "fair_value_direction": "Improving", "relative_strength": -18.301696, "relative_strength_direction": "Improving", "price_momentum": -0.208985, "excess_performance": -0.33461, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.024379, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.107608, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.021398, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.069292, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.183017, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.085327, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.208985, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.016746, "read": "Demand-led" } ], "volume": { "latest": 3350609, "relative_activity": 1.680732, "balance": 1.016746, "dry_up": 1.03328, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.104632, "annualized_volatility": 0.521322, "from_high_reference": -0.324651, "from_low_reference": 0.275554 }, "levels": { "trend_reference": 33.640122, "fair_value_reference": 33.537654, "structural_low": 25.73, "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": 8, "median_return": 0.048861, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.03644, "regime_survival": 0.625, "best_return": 0.107246, "worst_return": -0.082695, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.015414, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.031583, "regime_survival": 0.5, "best_return": 0.298778, "worst_return": -0.113229, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.23, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.152411, "regime_survival": 0.0, "best_return": 0.431742, "worst_return": 0.028259, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.334169, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.124507, "regime_survival": 0.0, "best_return": 0.334169, "worst_return": 0.334169, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": -0.040353, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": 0.191576, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": -0.021646, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": -0.009887, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": -0.071769, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-16", "tenure": "Developing", "return": 0.217425, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-08-15", "tenure": "Established", "return": -0.102603, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.030264, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": 0.117466, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2026-01-02", "tenure": "Established", "return": 0.123862, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": 0.026714, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-06", "tenure": "Developing", "return": 0.087478, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": 0.027172, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": 0.008574, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.736859, "volume": 365750, "typical_volume": 393434.3, "trend": 21.18341, "fair_value": 21.960377, "relative_strength": -2.605555, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.251775, "energy": 73.930234, "activity_lines": [ 23.456171, 22.634673, 21.778445, 21.409327 ] }, { "date": "2023-08-25", "close": 24.144609, "volume": 553362, "typical_volume": 406861.3, "trend": 21.266332, "fair_value": 21.983369, "relative_strength": -1.470641, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.07556, "energy": 75.776658, "activity_lines": [ 23.806159, 23.036863, 22.046936, 21.600372 ] }, { "date": "2023-09-01", "close": 25.261067, "volume": 585427, "typical_volume": 421920.9, "trend": 21.366308, "fair_value": 22.017512, "relative_strength": 0.727652, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.803266, "energy": 82.323599, "activity_lines": [ 24.393142, 23.570705, 22.404484, 21.858097 ] }, { "date": "2023-09-08", "close": 25.028067, "volume": 293462, "typical_volume": 424355.45, "trend": 21.452736, "fair_value": 22.048548, "relative_strength": 1.417206, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.799333, "energy": 81.480448, "activity_lines": [ 24.712223, 23.961573, 22.722117, 22.09434 ] }, { "date": "2023-09-15", "close": 24.969817, "volume": 729109, "typical_volume": 448978.9, "trend": 21.521802, "fair_value": 22.078357, "relative_strength": 1.636051, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.306381, "energy": 78.206599, "activity_lines": [ 24.851375, 24.270281, 23.014605, 22.321248 ] }, { "date": "2023-09-22", "close": 25.24165, "volume": 415211, "typical_volume": 460669.8, "trend": 21.663856, "fair_value": 22.110309, "relative_strength": 6.015025, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.97323, "energy": 72.982632, "activity_lines": [ 25.055897, 24.561947, 23.310725, 22.561238 ] }, { "date": "2023-09-29", "close": 25.872691, "volume": 620255, "typical_volume": 473010.5, "trend": 21.812488, "fair_value": 22.147933, "relative_strength": 9.60402, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.258109, "energy": 76.880497, "activity_lines": [ 25.370447, 24.900283, 23.643312, 22.832776 ] }, { "date": "2023-10-06", "close": 26.523149, "volume": 518944, "typical_volume": 472530.95, "trend": 22.025849, "fair_value": 22.191252, "relative_strength": 12.122022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.767846, "energy": 70.319063, "activity_lines": [ 25.786611, 25.288603, 24.01287, 23.13669 ] }, { "date": "2023-10-13", "close": 26.853232, "volume": 555661, "typical_volume": 489088.0, "trend": 22.309962, "fair_value": 22.236958, "relative_strength": 13.45737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.721625, "energy": 70.881465, "activity_lines": [ 26.228663, 25.662109, 24.390994, 23.448134 ] }, { "date": "2023-10-20", "close": 27.280399, "volume": 524724, "typical_volume": 501444.75, "trend": 22.614739, "fair_value": 22.285923, "relative_strength": 18.515155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.613539, "energy": 72.529568, "activity_lines": [ 26.691427, 26.036321, 24.779325, 23.768807 ] }, { "date": "2023-10-27", "close": 26.969732, "volume": 458117, "typical_volume": 454570.55, "trend": 22.821784, "fair_value": 22.33096, "relative_strength": 20.555964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.237167, "energy": 61.357606, "activity_lines": [ 26.896596, 26.305153, 25.110165, 24.049774 ] }, { "date": "2023-11-03", "close": 27.844416, "volume": 551337, "typical_volume": 452136.8, "trend": 23.066016, "fair_value": 22.383469, "relative_strength": 18.163243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.888245, "energy": 64.036638, "activity_lines": [ 27.278121, 26.674239, 25.488347, 24.373815 ] }, { "date": "2023-11-10", "close": 29.99603, "volume": 891463, "typical_volume": 476242.25, "trend": 23.347918, "fair_value": 22.455286, "relative_strength": 25.79498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.62759, "energy": 86.015736, "activity_lines": [ 28.245403, 27.367259, 26.035142, 24.820913 ] }, { "date": "2023-11-17", "close": 31.13512, "volume": 1065317, "typical_volume": 500496.1, "trend": 23.688669, "fair_value": 22.536406, "relative_strength": 27.328514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.254153, "energy": 93.482715, "activity_lines": [ 29.360855, 28.181296, 26.641525, 25.323313 ] }, { "date": "2023-11-24", "close": 30.969611, "volume": 483506, "typical_volume": 511914.0, "trend": 24.044463, "fair_value": 22.614491, "relative_strength": 25.137926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.419893, "energy": 92.533077, "activity_lines": [ 30.135679, 28.854202, 27.184318, 25.793051 ] }, { "date": "2023-12-01", "close": 31.845834, "volume": 1128047, "typical_volume": 558140.3, "trend": 24.430024, "fair_value": 22.699182, "relative_strength": 27.299182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.511608, "energy": 93.549387, "activity_lines": [ 30.95663, 29.577335, 27.764584, 26.296365 ] }, { "date": "2023-12-08", "close": 31.339572, "volume": 1243489, "typical_volume": 607719.45, "trend": 24.7871, "fair_value": 22.777731, "relative_strength": 24.520294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.336365, "energy": 86.57376, "activity_lines": [ 31.283753, 30.088345, 28.247359, 26.742143 ] }, { "date": "2023-12-15", "close": 31.028026, "volume": 2534610, "typical_volume": 722581.05, "trend": 25.097348, "fair_value": 22.852058, "relative_strength": 19.923436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.240603, "energy": 66.098663, "activity_lines": [ 31.274017, 30.443311, 28.656548, 27.144783 ] }, { "date": "2023-12-22", "close": 31.534288, "volume": 741449, "typical_volume": 746906.5, "trend": 25.466719, "fair_value": 22.929578, "relative_strength": 20.124613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.966799, "energy": 65.352928, "activity_lines": [ 31.364236, 30.808419, 29.072901, 27.56007 ] }, { "date": "2023-12-29", "close": 32.021079, "volume": 657663, "typical_volume": 745845.15, "trend": 25.820066, "fair_value": 23.010034, "relative_strength": 20.881156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.86469, "energy": 64.013985, "activity_lines": [ 31.590107, 31.176923, 29.493169, 27.982932 ] }, { "date": "2024-01-05", "close": 30.521764, "volume": 530883, "typical_volume": 754101.8, "trend": 26.190195, "fair_value": 23.075926, "relative_strength": 16.589013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.913755, "energy": 52.750904, "activity_lines": [ 31.246108, 31.186631, 29.735264, 28.286267 ] }, { "date": "2024-01-12", "close": 33.033603, "volume": 818451, "typical_volume": 767356.25, "trend": 26.617283, "fair_value": 23.162515, "relative_strength": 23.205842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.863324, "energy": 58.488056, "activity_lines": [ 31.827661, 31.588455, 30.184274, 28.727777 ] }, { "date": "2024-01-19", "close": 32.780472, "volume": 601635, "typical_volume": 768166.65, "trend": 27.052382, "fair_value": 23.245428, "relative_strength": 20.240867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.68328, "energy": 56.284129, "activity_lines": [ 32.211901, 31.849905, 30.566846, 29.125402 ] }, { "date": "2024-01-26", "close": 32.99466, "volume": 788004, "typical_volume": 792893.75, "trend": 27.449147, "fair_value": 23.328755, "relative_strength": 19.242464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.200351, "energy": 53.636135, "activity_lines": [ 32.550707, 32.099673, 30.934011, 29.508775 ] }, { "date": "2024-02-02", "close": 33.945872, "volume": 729458, "typical_volume": 792911.2, "trend": 27.870202, "fair_value": 23.41873, "relative_strength": 20.392884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.063841, "energy": 59.026229, "activity_lines": [ 33.109226, 32.488579, 31.353832, 29.927919 ] }, { "date": "2024-02-09", "close": 34.41436, "volume": 785201, "typical_volume": 811410.7, "trend": 28.300745, "fair_value": 23.511131, "relative_strength": 19.867387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.063752, "energy": 66.393226, "activity_lines": [ 33.695588, 32.90855, 31.775527, 30.350122 ] }, { "date": "2024-02-16", "close": 34.150836, "volume": 705600, "typical_volume": 815677.95, "trend": 28.701864, "fair_value": 23.599795, "relative_strength": 18.901545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.008978, "energy": 62.262468, "activity_lines": [ 33.934602, 33.233908, 32.128445, 30.727547 ] }, { "date": "2024-02-23", "close": 35.400137, "volume": 671714, "typical_volume": 823316.45, "trend": 29.134952, "fair_value": 23.697318, "relative_strength": 20.583226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.698933, "energy": 73.549858, "activity_lines": [ 34.515568, 33.735297, 32.560925, 31.159694 ] }, { "date": "2024-03-01", "close": 34.902369, "volume": 941355, "typical_volume": 842601.15, "trend": 29.54435, "fair_value": 23.789163, "relative_strength": 17.172535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.079673, "energy": 64.671957, "activity_lines": [ 34.755966, 34.06669, 32.903726, 31.531786 ] }, { "date": "2024-03-08", "close": 37.537615, "volume": 1973585, "typical_volume": 915044.2, "trend": 29.975898, "fair_value": 23.900939, "relative_strength": 25.449774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.442863, "energy": 65.070597, "activity_lines": [ 35.7476, 34.815981, 33.459174, 32.04748 ] }, { "date": "2024-03-15", "close": 33.945872, "volume": 3252321, "typical_volume": 1054754.4, "trend": 30.316198, "fair_value": 23.981947, "relative_strength": 12.812781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.309813, "energy": 50.131815, "activity_lines": [ 35.302536, 34.811927, 33.623708, 32.303607 ] }, { "date": "2024-03-22", "close": 33.779949, "volume": 1542531, "typical_volume": 1104314.1, "trend": 30.637376, "fair_value": 24.060331, "relative_strength": 9.158913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.292851, "energy": 40.873007, "activity_lines": [ 34.833397, 34.715449, 33.73922, 32.527075 ] }, { "date": "2024-03-29", "close": 35.331816, "volume": 1540032, "typical_volume": 1136742.55, "trend": 30.973068, "fair_value": 24.149787, "relative_strength": 13.177438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.035421, "energy": 38.952027, "activity_lines": [ 34.906273, 34.887558, 33.974264, 32.829942 ] }, { "date": "2024-04-05", "close": 35.751504, "volume": 1361751, "typical_volume": 1151564.25, "trend": 31.330516, "fair_value": 24.241139, "relative_strength": 14.877219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.537532, "energy": 33.370467, "activity_lines": [ 35.123599, 35.089587, 34.22387, 33.138228 ] }, { "date": "2024-04-12", "close": 32.774652, "volume": 2155880, "typical_volume": 1235182.95, "trend": 31.590677, "fair_value": 24.307807, "relative_strength": 6.49332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.302817, "energy": 17.583483, "activity_lines": [ 34.292033, 34.700245, 34.167983, 33.231399 ] }, { "date": "2024-04-19", "close": 32.071919, "volume": 934531, "typical_volume": 1225507.15, "trend": 31.818353, "fair_value": 24.367994, "relative_strength": 7.057599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.680329, "energy": 11.621446, "activity_lines": [ 33.543753, 34.204428, 34.036574, 33.262446 ] }, { "date": "2024-04-26", "close": 32.325684, "volume": 1026628, "typical_volume": 1214664.1, "trend": 32.033452, "fair_value": 24.429207, "relative_strength": 4.654689, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.439472, "energy": 13.488729, "activity_lines": [ 33.004992, 33.79734, 33.928256, 33.295177 ] }, { "date": "2024-05-03", "close": 33.456307, "volume": 912502, "typical_volume": 1133558.7, "trend": 32.264558, "fair_value": 24.498116, "relative_strength": 7.145175, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.959608, "energy": 18.592164, "activity_lines": [ 32.940056, 33.629005, 33.922921, 33.386975 ] }, { "date": "2024-05-10", "close": 30.63811, "volume": 2035732, "typical_volume": 1198272.85, "trend": 32.39072, "fair_value": 24.544631, "relative_strength": -3.920693, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.260829, "energy": 28.695388, "activity_lines": [ 32.060755, 32.983612, 33.637623, 33.282042 ] }, { "date": "2024-05-17", "close": 29.796565, "volume": 1432377, "typical_volume": 1237008.55, "trend": 32.474592, "fair_value": 24.584119, "relative_strength": -8.184139, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.289918, "energy": 47.4704, "activity_lines": [ 31.241832, 32.262743, 33.276446, 33.114678 ] }, { "date": "2024-05-24", "close": 32.477766, "volume": 873069, "typical_volume": 1254117.85, "trend": 32.658194, "fair_value": 24.643027, "relative_strength": -0.293795, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.560553, "energy": 31.754373, "activity_lines": [ 31.515181, 32.170112, 33.181214, 33.114882 ] }, { "date": "2024-05-31", "close": 32.135277, "volume": 926488, "typical_volume": 1259519.7, "trend": 32.801222, "fair_value": 24.698525, "relative_strength": -1.271167, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.816429, "energy": 28.998557, "activity_lines": [ 31.647311, 32.041903, 33.044049, 33.081146 ] }, { "date": "2024-06-07", "close": 31.743861, "volume": 994823, "typical_volume": 1279179.1, "trend": 32.859483, "fair_value": 24.750329, "relative_strength": -4.093316, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.28733, "energy": 20.935297, "activity_lines": [ 31.661663, 31.872431, 32.873885, 33.012929 ] }, { "date": "2024-06-14", "close": 32.096135, "volume": 1013620, "typical_volume": 1290459.9, "trend": 32.891517, "fair_value": 24.803948, "relative_strength": -4.968004, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.758625, "energy": 9.897292, "activity_lines": [ 31.907603, 31.832243, 32.742207, 32.963681 ] }, { "date": "2024-06-21", "close": 30.598968, "volume": 1048371, "typical_volume": 1306405.55, "trend": 32.879162, "fair_value": 24.845941, "relative_strength": -10.256489, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.077659, "energy": 30.936968, "activity_lines": [ 31.557286, 31.586305, 32.47222, 32.815774 ] }, { "date": "2024-06-28", "close": 32.839826, "volume": 2580428, "typical_volume": 1396166.9, "trend": 32.912295, "fair_value": 24.903451, "relative_strength": -3.989535, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -34.067752, "energy": 18.964203, "activity_lines": [ 31.900427, 31.787354, 32.431586, 32.813236 ] }, { "date": "2024-07-05", "close": 33.89665, "volume": 716770, "typical_volume": 1396725.4, "trend": 32.997531, "fair_value": 24.967688, "relative_strength": -3.112289, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.596353, "energy": 10.89806, "activity_lines": [ 32.571706, 32.16659, 32.499099, 32.876743 ] }, { "date": "2024-07-12", "close": 36.020084, "volume": 972059, "typical_volume": 1411742.65, "trend": 33.163933, "fair_value": 25.046074, "relative_strength": 1.484709, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.596569, "energy": 25.784945, "activity_lines": [ 33.833371, 32.903342, 32.770055, 33.071747 ] }, { "date": "2024-07-19", "close": 36.851843, "volume": 1176991, "typical_volume": 1423524.45, "trend": 33.341185, "fair_value": 25.129213, "relative_strength": 5.348324, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.244751, "energy": 51.396964, "activity_lines": [ 35.087208, 33.74471, 33.117274, 33.309676 ] }, { "date": "2024-07-26", "close": 36.098367, "volume": 1317937, "typical_volume": 1390742.05, "trend": 33.477095, "fair_value": 25.205921, "relative_strength": 3.538876, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.203781, "energy": 58.612043, "activity_lines": [ 35.772839, 34.336104, 33.383449, 33.487559 ] }, { "date": "2024-08-02", "close": 33.610427, "volume": 783451, "typical_volume": 1267298.55, "trend": 33.58005, "fair_value": 25.264285, "relative_strength": -1.855318, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.134832, "energy": 45.845081, "activity_lines": [ 35.26253, 34.360567, 33.419532, 33.496161 ] }, { "date": "2024-08-09", "close": 33.208201, "volume": 918579, "typical_volume": 1236100.95, "trend": 33.58587, "fair_value": 25.319071, "relative_strength": -3.230074, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.90131, "energy": 20.87602, "activity_lines": [ 34.566772, 34.291305, 33.418905, 33.472171 ] }, { "date": "2024-08-16", "close": 34.051895, "volume": 921675, "typical_volume": 1205183.1, "trend": 33.628251, "fair_value": 25.378885, "relative_strength": -4.766879, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.048459, "energy": 4.405273, "activity_lines": [ 34.198142, 34.355934, 33.501352, 33.502237 ] }, { "date": "2024-08-23", "close": 35.307626, "volume": 1067278, "typical_volume": 1190459.45, "trend": 33.70535, "fair_value": 25.446427, "relative_strength": -2.836073, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.757573, "energy": 11.979681, "activity_lines": [ 34.379302, 34.606913, 33.709488, 33.610584 ] }, { "date": "2024-08-30", "close": 35.562696, "volume": 453813, "typical_volume": 1105356.1, "trend": 33.759244, "fair_value": 25.51478, "relative_strength": -2.58626, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.301757, "energy": 14.000972, "activity_lines": [ 34.748433, 34.845878, 33.94403, 33.730412 ] }, { "date": "2024-09-06", "close": 33.19839, "volume": 404974, "typical_volume": 1078878.25, "trend": 33.718712, "fair_value": 25.566348, "relative_strength": -5.26381, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.032286, "energy": 6.724635, "activity_lines": [ 34.365174, 34.56472, 33.940123, 33.694228 ] }, { "date": "2024-09-13", "close": 35.091797, "volume": 1031379, "typical_volume": 1079115.8, "trend": 33.750077, "fair_value": 25.629851, "relative_strength": -3.876028, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.109999, "energy": 26.499452, "activity_lines": [ 34.640519, 34.621298, 34.111177, 33.782814 ] }, { "date": "2024-09-20", "close": 37.289327, "volume": 1907159, "typical_volume": 1128848.65, "trend": 33.81305, "fair_value": 25.707066, "relative_strength": 0.529048, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.886692, "energy": 45.746674, "activity_lines": [ 35.522801, 35.055697, 34.478347, 34.011153 ] }, { "date": "2024-09-27", "close": 37.151981, "volume": 955279, "typical_volume": 1074826.0, "trend": 33.888037, "fair_value": 25.782362, "relative_strength": -0.513053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.233102, "energy": 52.370597, "activity_lines": [ 36.143472, 35.442047, 34.814184, 34.226568 ] }, { "date": "2024-10-04", "close": 38.270367, "volume": 525807, "typical_volume": 1029497.5, "trend": 33.912462, "fair_value": 25.863983, "relative_strength": 2.085347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.282066, "energy": 70.045418, "activity_lines": [ 37.013982, 36.026282, 35.225516, 34.509299 ] }, { "date": "2024-10-11", "close": 39.457425, "volume": 1185145, "typical_volume": 1045101.3, "trend": 34.096181, "fair_value": 25.952252, "relative_strength": 3.900445, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.773064, "energy": 79.70202, "activity_lines": [ 38.099666, 36.786856, 35.709549, 34.867039 ] }, { "date": "2024-10-18", "close": 37.770036, "volume": 747748, "typical_volume": 1036164.3, "trend": 34.229183, "fair_value": 26.028496, "relative_strength": -1.365128, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.411026, "energy": 71.318878, "activity_lines": [ 38.205618, 37.134322, 35.999642, 35.104062 ] }, { "date": "2024-10-25", "close": 36.416201, "volume": 491164, "typical_volume": 1010981.35, "trend": 34.26533, "fair_value": 26.095084, "relative_strength": -3.88552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.72712, "energy": 56.711709, "activity_lines": [ 37.681743, 37.152695, 36.133967, 35.245159 ] }, { "date": "2024-11-01", "close": 34.618446, "volume": 737818, "typical_volume": 997191.25, "trend": 34.227561, "fair_value": 26.224362, "relative_strength": -7.233089, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.50836, "energy": 24.805565, "activity_lines": [ 36.616824, 36.801215, 36.074827, 35.267941 ] }, { "date": "2024-11-08", "close": 34.352906, "volume": 1235889, "typical_volume": 1006567.15, "trend": 34.280169, "fair_value": 26.32427, "relative_strength": -11.822454, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.98286, "energy": 16.80312, "activity_lines": [ 35.632294, 36.413986, 35.978387, 35.276028 ] }, { "date": "2024-11-15", "close": 31.982723, "volume": 1264719, "typical_volume": 940781.7, "trend": 34.277196, "fair_value": 26.402445, "relative_strength": -15.779739, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -30.881987, "energy": 31.011666, "activity_lines": [ 34.118868, 35.61781, 35.638339, 35.127806 ] }, { "date": "2024-11-22", "close": 32.926862, "volume": 1628878, "typical_volume": 986387.1, "trend": 34.297236, "fair_value": 26.494999, "relative_strength": -14.367854, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.183532, "energy": 31.969998, "activity_lines": [ 33.418468, 35.0154, 35.392291, 35.040687 ] }, { "date": "2024-11-29", "close": 32.838349, "volume": 909362, "typical_volume": 983252.25, "trend": 34.276637, "fair_value": 26.582488, "relative_strength": -15.196605, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.215577, "energy": 35.975294, "activity_lines": [ 33.011441, 34.436258, 35.142431, 34.946566 ] }, { "date": "2024-12-06", "close": 34.942993, "volume": 2072160, "typical_volume": 1028010.7, "trend": 34.420133, "fair_value": 26.68906, "relative_strength": -10.232584, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.790563, "energy": 29.931726, "activity_lines": [ 33.544487, 34.320706, 35.108164, 34.989556 ] }, { "date": "2024-12-13", "close": 34.697124, "volume": 1253050, "typical_volume": 1024766.35, "trend": 34.583485, "fair_value": 26.786276, "relative_strength": -10.08172, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.339108, "energy": 14.871602, "activity_lines": [ 33.973939, 34.200614, 35.059571, 35.007427 ] }, { "date": "2024-12-20", "close": 33.389097, "volume": 2029705, "typical_volume": 1087079.05, "trend": 34.613863, "fair_value": 26.871157, "relative_strength": -11.562342, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.793345, "energy": 12.940862, "activity_lines": [ 33.944435, 33.907667, 34.893077, 34.930369 ] }, { "date": "2024-12-27", "close": 31.520488, "volume": 1548933, "typical_volume": 1118596.75, "trend": 34.59337, "fair_value": 26.918715, "relative_strength": -16.670503, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -37.633034, "energy": 22.436228, "activity_lines": [ 33.198302, 33.385306, 34.549673, 34.730797 ] }, { "date": "2025-01-03", "close": 32.041732, "volume": 972850, "typical_volume": 1121155.5, "trend": 34.603299, "fair_value": 26.996418, "relative_strength": -14.546096, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.828103, "energy": 39.360834, "activity_lines": [ 32.719676, 33.071344, 34.263949, 34.566175 ] }, { "date": "2025-01-10", "close": 31.520488, "volume": 761924, "typical_volume": 1105887.8, "trend": 34.58411, "fair_value": 27.067314, "relative_strength": -13.861161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.119094, "energy": 56.011105, "activity_lines": [ 32.12041, 32.742147, 33.938155, 34.367284 ] }, { "date": "2025-01-17", "close": 37.559046, "volume": 1720005, "typical_volume": 1169197.4, "trend": 34.816113, "fair_value": 27.188103, "relative_strength": -0.112604, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.047339, "energy": 12.837591, "activity_lines": [ 33.762163, 33.567196, 34.205495, 34.559215 ] }, { "date": "2025-01-24", "close": 38.847403, "volume": 1620472, "typical_volume": 1229972.3, "trend": 35.016366, "fair_value": 27.30615, "relative_strength": 1.693128, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.867, "energy": 17.668135, "activity_lines": [ 35.642574, 34.568199, 34.58603, 34.819299 ] }, { "date": "2025-01-31", "close": 38.006529, "volume": 1061355, "typical_volume": 1231471.1, "trend": 35.153362, "fair_value": 27.413452, "relative_strength": 0.705743, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.122789, "energy": 30.958315, "activity_lines": [ 36.878807, 35.291502, 34.859581, 35.012212 ] }, { "date": "2025-02-07", "close": 34.900937, "volume": 865397, "typical_volume": 1179383.0, "trend": 35.116057, "fair_value": 27.498224, "relative_strength": -7.035071, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.921406, "energy": 30.41378, "activity_lines": [ 36.647439, 35.357795, 34.823482, 34.995927 ] }, { "date": "2025-02-14", "close": 34.555872, "volume": 853963, "typical_volume": 1174317.2, "trend": 35.039524, "fair_value": 27.584505, "relative_strength": -8.95021, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 11.430138, "energy": 29.770551, "activity_lines": [ 36.110436, 35.323848, 34.765893, 34.959786 ] }, { "date": "2025-02-21", "close": 33.106595, "volume": 669441, "typical_volume": 1181498.9, "trend": 34.939799, "fair_value": 27.662715, "relative_strength": -10.92552, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.485444, "energy": 9.227255, "activity_lines": [ 34.887982, 35.033434, 34.58264, 34.835081 ] }, { "date": "2025-02-28", "close": 33.146031, "volume": 841082, "typical_volume": 1164295.75, "trend": 34.924319, "fair_value": 27.7474, "relative_strength": -9.586013, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.661602, "energy": 28.882069, "activity_lines": [ 33.975504, 34.779109, 34.427733, 34.719354 ] }, { "date": "2025-03-07", "close": 33.540392, "volume": 838308, "typical_volume": 1168823.75, "trend": 34.935392, "fair_value": 27.823328, "relative_strength": -5.134735, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.256215, "energy": 30.515999, "activity_lines": [ 33.57457, 34.600905, 34.340437, 34.630068 ] }, { "date": "2025-03-14", "close": 33.244622, "volume": 1999855, "typical_volume": 1244258.3, "trend": 34.908483, "fair_value": 27.883636, "relative_strength": -3.534514, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.188962, "energy": 31.425543, "activity_lines": [ 33.372789, 34.3322, 34.245115, 34.520986 ] }, { "date": "2025-03-21", "close": 30.730571, "volume": 1998832, "typical_volume": 1307309.0, "trend": 34.755914, "fair_value": 27.934904, "relative_strength": -10.970541, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.313563, "energy": 59.904548, "activity_lines": [ 32.443412, 33.584523, 33.925461, 34.251444 ] }, { "date": "2025-03-28", "close": 28.670035, "volume": 1247787, "typical_volume": 1307903.9, "trend": 34.526159, "fair_value": 27.964485, "relative_strength": -15.248847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.179175, "energy": 73.056708, "activity_lines": [ 31.082209, 32.476566, 33.42808, 33.858806 ] }, { "date": "2025-04-04", "close": 27.772865, "volume": 1224110, "typical_volume": 1305873.45, "trend": 34.345308, "fair_value": 27.993926, "relative_strength": -9.288988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.831836, "energy": 79.31793, "activity_lines": [ 29.717721, 31.367105, 32.872315, 33.42311 ] }, { "date": "2025-04-11", "close": 30.33621, "volume": 1312287, "typical_volume": 1290043.9, "trend": 34.186788, "fair_value": 28.043825, "relative_strength": -5.991768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.51849, "energy": 71.281055, "activity_lines": [ 29.565892, 30.925063, 32.580726, 33.164458 ] }, { "date": "2025-04-18", "close": 30.306633, "volume": 872537, "typical_volume": 1288202.65, "trend": 33.954032, "fair_value": 28.090119, "relative_strength": -4.49626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.502377, "energy": 69.75064, "activity_lines": [ 29.617816, 30.617103, 32.298655, 32.914126 ] }, { "date": "2025-04-25", "close": 30.020721, "volume": 1430387, "typical_volume": 1256114.0, "trend": 33.716323, "fair_value": 28.12726, "relative_strength": -9.273885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.5858, "energy": 47.215274, "activity_lines": [ 29.770302, 30.340691, 32.001411, 32.660364 ] }, { "date": "2025-05-02", "close": 29.414392, "volume": 1925559, "typical_volume": 1289739.45, "trend": 33.421124, "fair_value": 28.162839, "relative_strength": -13.235728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.804628, "energy": 39.0035, "activity_lines": [ 29.768002, 30.036496, 31.669861, 32.38282 ] }, { "date": "2025-05-09", "close": 34.992642, "volume": 2640690, "typical_volume": 1320288.7, "trend": 33.272298, "fair_value": 28.240846, "relative_strength": 3.580085, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.646847, "energy": 11.756606, "activity_lines": [ 31.575494, 30.813659, 31.894729, 32.484208 ] }, { "date": "2025-05-16", "close": 34.903627, "volume": 1401575, "typical_volume": 1312920.8, "trend": 33.176751, "fair_value": 28.31761, "relative_strength": -1.930379, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.396165, "energy": 15.274641, "activity_lines": [ 32.871997, 31.541062, 32.103483, 32.589455 ] }, { "date": "2025-05-23", "close": 32.332094, "volume": 1362013, "typical_volume": 1332378.95, "trend": 33.040614, "fair_value": 28.358064, "relative_strength": -6.599861, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.998346, "energy": 21.129589, "activity_lines": [ 33.006827, 31.776128, 32.051219, 32.534961 ] }, { "date": "2025-05-30", "close": 32.411218, "volume": 1171663, "typical_volume": 1352865.9, "trend": 32.96704, "fair_value": 28.400738, "relative_strength": -7.8051, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.201928, "energy": 19.04288, "activity_lines": [ 33.033002, 32.042171, 32.005107, 32.494355 ] }, { "date": "2025-06-06", "close": 34.112386, "volume": 1417387, "typical_volume": 1337735.0, "trend": 32.959023, "fair_value": 28.4884, "relative_strength": -4.444593, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.150612, "energy": 18.885787, "activity_lines": [ 33.466865, 32.586961, 32.116771, 32.568248 ] }, { "date": "2025-06-13", "close": 34.023372, "volume": 1822982, "typical_volume": 1347860.5, "trend": 33.027044, "fair_value": 28.590544, "relative_strength": -4.262918, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.976584, "energy": 16.121783, "activity_lines": [ 33.557858, 33.016614, 32.236369, 32.636916 ] }, { "date": "2025-06-20", "close": 32.510123, "volume": 1468958, "typical_volume": 1368240.65, "trend": 33.013153, "fair_value": 28.681764, "relative_strength": -8.30919, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.539555, "energy": 11.224596, "activity_lines": [ 33.209053, 33.057486, 32.23482, 32.603566 ] }, { "date": "2025-06-27", "close": 31.67932, "volume": 1616701, "typical_volume": 1405805.85, "trend": 32.974519, "fair_value": 28.762763, "relative_strength": -13.382651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.9443, "energy": 13.510921, "activity_lines": [ 32.74288, 32.907776, 32.18032, 32.517512 ] }, { "date": "2025-07-04", "close": 31.87713, "volume": 697640, "typical_volume": 1397989.7, "trend": 32.872323, "fair_value": 28.828326, "relative_strength": -13.992443, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.09167, "energy": 15.077124, "activity_lines": [ 32.386162, 32.769075, 32.160001, 32.446713 ] }, { "date": "2025-07-11", "close": 32.411218, "volume": 1134013, "typical_volume": 1421218.3, "trend": 32.796126, "fair_value": 28.905572, "relative_strength": -11.934503, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.613283, "energy": 17.637151, "activity_lines": [ 32.243079, 32.693727, 32.203303, 32.416964 ] }, { "date": "2025-07-18", "close": 32.282641, "volume": 1303873, "typical_volume": 1444357.85, "trend": 32.759244, "fair_value": 28.979057, "relative_strength": -12.365577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.627458, "energy": 17.552419, "activity_lines": [ 32.170549, 32.540514, 32.23767, 32.383836 ] }, { "date": "2025-07-25", "close": 33.518955, "volume": 986860, "typical_volume": 1451785.45, "trend": 32.82586, "fair_value": 29.048719, "relative_strength": -9.940837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.414332, "energy": 8.187834, "activity_lines": [ 32.626172, 32.661358, 32.393894, 32.43285 ] }, { "date": "2025-08-01", "close": 32.079885, "volume": 1154342, "typical_volume": 1409509.8, "trend": 32.827132, "fair_value": 29.097061, "relative_strength": -11.317346, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.510567, "energy": 8.846329, "activity_lines": [ 32.534849, 32.545729, 32.413165, 32.384722 ] }, { "date": "2025-08-08", "close": 30.304283, "volume": 3410496, "typical_volume": 1480093.0, "trend": 32.786592, "fair_value": 29.134758, "relative_strength": -17.837045, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.840215, "energy": 22.682167, "activity_lines": [ 31.824955, 32.111848, 32.268877, 32.221958 ] }, { "date": "2025-08-15", "close": 29.014739, "volume": 2648904, "typical_volume": 1550148.85, "trend": 32.501781, "fair_value": 29.157987, "relative_strength": -21.653566, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.649757, "energy": 48.37111, "activity_lines": [ 30.790069, 31.481813, 32.003806, 31.978613 ] }, { "date": "2025-08-22", "close": 30.810181, "volume": 1260859, "typical_volume": 1551986.3, "trend": 32.233874, "fair_value": 29.196901, "relative_strength": -16.605011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.449269, "energy": 49.992893, "activity_lines": [ 30.580096, 31.270907, 31.908088, 31.869477 ] }, { "date": "2025-08-29", "close": 30.562191, "volume": 977557, "typical_volume": 1535249.8, "trend": 31.985729, "fair_value": 29.239689, "relative_strength": -16.78184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.589534, "energy": 53.166751, "activity_lines": [ 30.385623, 31.073333, 31.774288, 31.761627 ] }, { "date": "2025-09-05", "close": 31.74262, "volume": 1048948, "typical_volume": 1544070.35, "trend": 31.880452, "fair_value": 29.273651, "relative_strength": -13.475544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.192624, "energy": 39.079717, "activity_lines": [ 30.781745, 31.125799, 31.751834, 31.745942 ] }, { "date": "2025-09-12", "close": 32.258438, "volume": 872028, "typical_volume": 1516152.4, "trend": 31.803871, "fair_value": 29.320866, "relative_strength": -13.012277, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.638828, "energy": 8.576302, "activity_lines": [ 31.37229, 31.2709, 31.771667, 31.770328 ] }, { "date": "2025-09-19", "close": 33.498384, "volume": 2155781, "typical_volume": 1527663.5, "trend": 31.816931, "fair_value": 29.388001, "relative_strength": -10.284614, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.789629, "energy": 19.515432, "activity_lines": [ 32.245873, 31.634513, 31.898935, 31.879652 ] }, { "date": "2025-09-26", "close": 36.047713, "volume": 1770425, "typical_volume": 1484150.25, "trend": 31.913653, "fair_value": 29.471356, "relative_strength": -2.806299, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.308627, "energy": 48.146752, "activity_lines": [ 33.670323, 32.441873, 32.249548, 32.152606 ] }, { "date": "2025-10-03", "close": 36.375059, "volume": 1500077, "typical_volume": 1489075.35, "trend": 32.008142, "fair_value": 29.545512, "relative_strength": -2.563863, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.069004, "energy": 70.367721, "activity_lines": [ 34.85472, 33.240295, 32.626313, 32.440438 ] }, { "date": "2025-10-10", "close": 38.051466, "volume": 2122883, "typical_volume": 1527118.85, "trend": 32.16837, "fair_value": 29.623047, "relative_strength": 4.837971, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.15796, "energy": 80.61452, "activity_lines": [ 36.210394, 34.291589, 33.15573, 32.83033 ] }, { "date": "2025-10-17", "close": 40.362725, "volume": 1755129, "typical_volume": 1556292.15, "trend": 32.489442, "fair_value": 29.704284, "relative_strength": 9.478516, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.469794, "energy": 87.797827, "activity_lines": [ 37.915898, 35.654537, 33.87803, 33.358998 ] }, { "date": "2025-10-24", "close": 43.100526, "volume": 1080689, "typical_volume": 1539457.25, "trend": 32.970459, "fair_value": 29.796686, "relative_strength": 14.685053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.582802, "energy": 94.407041, "activity_lines": [ 39.993717, 37.332387, 34.82321, 34.043584 ] }, { "date": "2025-10-31", "close": 42.212725, "volume": 922462, "typical_volume": 1494431.25, "trend": 33.451787, "fair_value": 29.882589, "relative_strength": 11.510031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.370695, "energy": 91.154519, "activity_lines": [ 41.13546, 38.592714, 35.641036, 34.639859 ] }, { "date": "2025-11-07", "close": 42.68993, "volume": 1887362, "typical_volume": 1515351.45, "trend": 33.863578, "fair_value": 29.973151, "relative_strength": 14.416461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.230941, "energy": 90.061097, "activity_lines": [ 42.02527, 39.732485, 36.465314, 35.235869 ] }, { "date": "2025-11-14", "close": 42.709813, "volume": 1485230, "typical_volume": 1508777.9, "trend": 34.277017, "fair_value": 30.090621, "relative_strength": 13.979023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.977631, "energy": 87.13309, "activity_lines": [ 42.500716, 40.655368, 37.24301, 35.806593 ] }, { "date": "2025-11-21", "close": 40.015595, "volume": 1713592, "typical_volume": 1559575.5, "trend": 34.61018, "fair_value": 30.189282, "relative_strength": 8.700982, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.845667, "energy": 60.702471, "activity_lines": [ 41.767533, 40.888989, 37.711587, 36.176824 ] }, { "date": "2025-11-28", "close": 42.431444, "volume": 1070096, "typical_volume": 1556379.65, "trend": 35.044081, "fair_value": 30.301089, "relative_strength": 10.890292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.597376, "energy": 56.222678, "activity_lines": [ 41.862775, 41.420817, 38.371491, 36.681422 ] }, { "date": "2025-12-05", "close": 42.600454, "volume": 1227684, "typical_volume": 1552570.2, "trend": 35.297675, "fair_value": 30.430909, "relative_strength": 10.808528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.827781, "energy": 51.92337, "activity_lines": [ 42.058959, 41.820954, 38.999775, 37.16893 ] }, { "date": "2025-12-12", "close": 43.465387, "volume": 1386891, "typical_volume": 1572571.75, "trend": 35.583067, "fair_value": 30.57674, "relative_strength": 13.490738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.615911, "energy": 50.21538, "activity_lines": [ 42.517606, 42.259211, 39.661302, 37.695879 ] }, { "date": "2025-12-19", "close": 41.367675, "volume": 1197604, "typical_volume": 1574734.85, "trend": 35.884253, "fair_value": 30.718112, "relative_strength": 7.749353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.245518, "energy": 44.606772, "activity_lines": [ 42.225318, 42.187151, 40.075683, 38.069079 ] }, { "date": "2025-12-26", "close": 41.695753, "volume": 613047, "typical_volume": 1434862.4, "trend": 36.193738, "fair_value": 30.861403, "relative_strength": 6.826799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.618437, "energy": 41.461379, "activity_lines": [ 42.131865, 42.114446, 40.477081, 38.444015 ] }, { "date": "2026-01-02", "close": 40.880529, "volume": 608607, "typical_volume": 1332847.55, "trend": 36.419342, "fair_value": 30.991157, "relative_strength": 5.650379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.06883, "energy": 31.486781, "activity_lines": [ 41.654661, 41.869282, 40.746595, 38.746389 ] }, { "date": "2026-01-09", "close": 42.053657, "volume": 1369731, "typical_volume": 1338291.15, "trend": 36.687019, "fair_value": 31.125537, "relative_strength": 6.770398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.762147, "energy": 26.76684, "activity_lines": [ 41.671893, 41.877778, 41.071331, 39.109893 ] }, { "date": "2026-01-16", "close": 43.356028, "volume": 1100782, "typical_volume": 1344452.4, "trend": 37.048549, "fair_value": 31.267897, "relative_strength": 10.49439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.780079, "energy": 35.458409, "activity_lines": [ 42.159702, 42.125961, 41.466561, 39.540151 ] }, { "date": "2026-01-23", "close": 43.177076, "volume": 681853, "typical_volume": 1326097.65, "trend": 37.431807, "fair_value": 31.405846, "relative_strength": 10.501188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.545552, "energy": 35.459136, "activity_lines": [ 42.595152, 42.329496, 41.783826, 39.93554 ] }, { "date": "2026-01-30", "close": 39.876411, "volume": 1261754, "typical_volume": 1345583.95, "trend": 37.69845, "fair_value": 31.518761, "relative_strength": 1.866312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.895462, "energy": 23.308428, "activity_lines": [ 41.809752, 41.924414, 41.732292, 40.093257 ] }, { "date": "2026-02-06", "close": 41.491002, "volume": 1036144, "typical_volume": 1289602.1, "trend": 38.001109, "fair_value": 31.640913, "relative_strength": 6.150999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.559956, "energy": 20.964342, "activity_lines": [ 41.68384, 41.815425, 41.798252, 40.337937 ] }, { "date": "2026-02-13", "close": 42.049132, "volume": 895948, "typical_volume": 1245878.25, "trend": 38.326659, "fair_value": 31.763678, "relative_strength": 8.818205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.021886, "energy": 14.672953, "activity_lines": [ 41.703272, 41.825013, 41.879308, 40.5991 ] }, { "date": "2026-02-20", "close": 44.11222, "volume": 599627, "typical_volume": 1200855.75, "trend": 38.679768, "fair_value": 31.911961, "relative_strength": 12.574111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.144788, "energy": 27.110773, "activity_lines": [ 42.410702, 42.219732, 42.12827, 40.972362 ] }, { "date": "2026-02-27", "close": 44.241786, "volume": 832542, "typical_volume": 1136338.7, "trend": 39.085165, "fair_value": 32.058295, "relative_strength": 13.1625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.102813, "energy": 36.488276, "activity_lines": [ 43.110908, 42.626248, 42.352728, 41.331202 ] }, { "date": "2026-03-06", "close": 43.364725, "volume": 1317197, "typical_volume": 1114442.1, "trend": 39.520513, "fair_value": 32.207284, "relative_strength": 12.951845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.265569, "energy": 36.580332, "activity_lines": [ 43.44778, 42.821042, 42.464179, 41.607303 ] }, { "date": "2026-03-13", "close": 31.544324, "volume": 4382788, "typical_volume": 1279547.05, "trend": 39.604832, "fair_value": 32.291993, "relative_strength": -16.242706, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -14.108331, "energy": 16.476012, "activity_lines": [ 39.611963, 40.836327, 41.435581, 41.09271 ] }, { "date": "2026-03-20", "close": 31.464591, "volume": 2422746, "typical_volume": 1354561.25, "trend": 39.626646, "fair_value": 32.377425, "relative_strength": -14.733009, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.959506, "energy": 60.599592, "activity_lines": [ 36.412681, 39.006864, 40.45442, 40.567533 ] }, { "date": "2026-03-27", "close": 29.859967, "volume": 1910459, "typical_volume": 1355716.1, "trend": 39.603238, "fair_value": 32.435769, "relative_strength": -17.090751, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.657329, "energy": 74.249923, "activity_lines": [ 33.38416, 37.07818, 39.371619, 39.937425 ] }, { "date": "2026-04-03", "close": 32.401452, "volume": 1728611, "typical_volume": 1367885.15, "trend": 39.6252, "fair_value": 32.511948, "relative_strength": -12.833624, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.786708, "energy": 80.763014, "activity_lines": [ 32.152952, 35.856967, 38.59196, 39.472793 ] }, { "date": "2026-04-10", "close": 32.540985, "volume": 1869371, "typical_volume": 1375674.1, "trend": 39.634618, "fair_value": 32.582474, "relative_strength": -15.227341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.505563, "energy": 79.477317, "activity_lines": [ 31.757609, 34.857044, 37.874676, 39.015747 ] }, { "date": "2026-04-17", "close": 31.215426, "volume": 2155867, "typical_volume": 1429962.65, "trend": 39.558519, "fair_value": 32.648518, "relative_strength": -21.813838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.195407, "energy": 74.294082, "activity_lines": [ 31.641997, 33.749482, 37.066743, 38.472574 ] }, { "date": "2026-04-24", "close": 29.361636, "volume": 2032110, "typical_volume": 1470183.95, "trend": 39.33565, "fair_value": 32.706632, "relative_strength": -26.496044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.721507, "energy": 59.118829, "activity_lines": [ 30.930381, 32.491696, 36.135667, 37.81471 ] }, { "date": "2026-05-01", "close": 29.85, "volume": 2076720, "typical_volume": 1504675.4, "trend": 39.118148, "fair_value": 32.767985, "relative_strength": -25.686411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.59017, "energy": 54.984969, "activity_lines": [ 30.52175, 31.553384, 35.314144, 37.202733 ] }, { "date": "2026-05-08", "close": 29.85, "volume": 1672486, "typical_volume": 1528419.5, "trend": 38.844766, "fair_value": 32.827105, "relative_strength": -26.834441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.389531, "energy": 54.527816, "activity_lines": [ 30.113783, 30.874386, 34.557457, 36.604788 ] }, { "date": "2026-05-15", "close": 29.78, "volume": 3928523, "typical_volume": 1694193.3, "trend": 38.492008, "fair_value": 32.878767, "relative_strength": -26.671457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.433547, "energy": 51.25652, "activity_lines": [ 29.85258, 30.44433, 33.848949, 36.019964 ] }, { "date": "2026-05-22", "close": 30.31, "volume": 1359442, "typical_volume": 1731735.05, "trend": 38.065657, "fair_value": 32.941952, "relative_strength": -25.602019, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.217124, "energy": 46.594535, "activity_lines": [ 29.952109, 30.357632, 33.247659, 35.492093 ] }, { "date": "2026-05-29", "close": 31.14, "volume": 1152430, "typical_volume": 1720870.0, "trend": 37.696567, "fair_value": 33.004256, "relative_strength": -24.274674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.324429, "energy": 40.05325, "activity_lines": [ 30.388667, 30.444286, 32.775752, 35.045276 ] }, { "date": "2026-06-05", "close": 30.01, "volume": 1507170, "typical_volume": 1741189.4, "trend": 37.273902, "fair_value": 33.072154, "relative_strength": -24.699337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.365123, "energy": 38.836193, "activity_lines": [ 30.33, 30.331386, 32.248196, 34.549368 ] }, { "date": "2026-06-12", "close": 30.45, "volume": 1333776, "typical_volume": 1773785.55, "trend": 36.865242, "fair_value": 33.137725, "relative_strength": -23.576621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.398014, "energy": 35.895402, "activity_lines": [ 30.407333, 30.295759, 31.826097, 34.109117 ] }, { "date": "2026-06-19", "close": 28.25, "volume": 3447476, "typical_volume": 1883071.65, "trend": 36.473055, "fair_value": 33.192356, "relative_strength": -29.309825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.805082, "energy": 44.591859, "activity_lines": [ 29.711333, 29.895613, 31.25508, 33.553295 ] }, { "date": "2026-06-26", "close": 27.929408, "volume": 2755132, "typical_volume": 1969021.05, "trend": 35.989654, "fair_value": 33.236188, "relative_strength": -28.054218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.892367, "energy": 54.91332, "activity_lines": [ 29.010469, 29.515195, 30.708894, 33.002092 ] }, { "date": "2026-07-03", "close": 29.344817, "volume": 1237119, "typical_volume": 1986079.6, "trend": 35.5478, "fair_value": 33.287666, "relative_strength": -25.684995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.986622, "energy": 48.465251, "activity_lines": [ 28.940114, 29.45187, 30.362087, 32.573392 ] }, { "date": "2026-07-10", "close": 28.856402, "volume": 1464595, "typical_volume": 2029328.0, "trend": 35.060833, "fair_value": 33.334835, "relative_strength": -27.529804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.799356, "energy": 44.09102, "activity_lines": [ 28.826633, 29.300048, 30.029262, 32.141689 ] }, { "date": "2026-07-17", "close": 28.966046, "volume": 1211217, "typical_volume": 2048261.75, "trend": 34.647446, "fair_value": 33.378737, "relative_strength": -25.76035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.651203, "energy": 39.711851, "activity_lines": [ 28.826607, 29.186227, 29.779526, 31.748477 ] }, { "date": "2026-07-24", "close": 30.760226, "volume": 1610199, "typical_volume": 2062911.85, "trend": 34.282928, "fair_value": 33.43228, "relative_strength": -20.359273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.876199, "energy": 25.180326, "activity_lines": [ 29.523571, 29.414692, 29.773406, 31.497689 ] }, { "date": "2026-07-31", "close": 30.83, "volume": 2067519, "typical_volume": 1947148.4, "trend": 33.947911, "fair_value": 33.484906, "relative_strength": -20.726246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.025758, "energy": 17.63739, "activity_lines": [ 30.076444, 29.638021, 29.833952, 31.274919 ] }, { "date": "2026-08-07", "close": 32.82, "volume": 3350609, "typical_volume": 1993541.55, "trend": 33.640122, "fair_value": 33.537654, "relative_strength": -18.301696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.914221, "energy": 9.139215, "activity_lines": [ 31.099278, 30.213714, 30.087424, 31.202151 ] } ], "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." } } }