{ "ticker": { "uuid": "ceab3e4f-fc23-4a64-b39b-d262abb36a4d", "symbol": "WY", "name": "Weyerhaeuser Company", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 66.213, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 29.414, "architecture_energy": 31.673, "architecture_maturity": 23.651, "architecture_confidence": 46.436, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 46.17, "rotation_up": 49.72, "upward_expansion": 50.18, "deceleration": 30.9, "rotation_down": 29.48, "downward_expansion": 20.18 }, "activity_lines": [ 24.818, 24.582727, 24.351513, 24.289494 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 25.58, "trend_reference": 24.463464, "distance_from_trend": 0.045641, "trend_direction": "Improving", "fair_value": 27.04852, "distance_from_fair_value": -0.054292, "fair_value_direction": "Improving", "relative_strength": -5.262161, "relative_strength_direction": "Improving", "price_momentum": -0.023142, "excess_performance": -0.148767, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045641, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026238, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.054292, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.095497, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.052622, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.094857, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.023142, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.798582, "read": "Demand-led" } ], "volume": { "latest": 32554691, "relative_activity": 1.278689, "balance": 1.798582, "dry_up": 1.061984, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.057927, "annualized_volatility": 0.243633, "from_high_reference": -0.062216, "from_low_reference": 0.241766 }, "levels": { "trend_reference": 24.463464, "fair_value_reference": 27.04852, "structural_low": 22.214435, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.005722, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.02856, "regime_survival": 0.5, "best_return": 0.115786, "worst_return": -0.11549, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.009795, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.067793, "regime_survival": 0.125, "best_return": 0.065451, "worst_return": -0.144973, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.039203, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.122024, "regime_survival": 0.0, "best_return": 0.138058, "worst_return": -0.145196, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.011567, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.219965, "regime_survival": 0.25, "best_return": 0.043784, "worst_return": -0.121091, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-18", "tenure": "New", "return": -0.020444, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": -0.019497, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-12-20", "tenure": "Developing", "return": -0.132315, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": 0.078957, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": -0.012671, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.110067, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-08-22", "tenure": "Established", "return": 0.048351, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.051411, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2026-01-09", "tenure": "Established", "return": 0.033968, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-02-13", "tenure": "Developing", "return": -0.011456, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": -0.029668, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-05-15", "tenure": "Developing", "return": -0.066246, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": 0.035926, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.044935, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 29.497806, "volume": 12616415, "typical_volume": 18458581.0, "trend": 28.453981, "fair_value": 28.976945, "relative_strength": -2.892452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.928885, "energy": 31.394644, "activity_lines": [ 30.072541, 30.248991, 29.236729, 28.735649 ] }, { "date": "2023-08-25", "close": 29.799177, "volume": 14877815, "typical_volume": 18509894.95, "trend": 28.44327, "fair_value": 29.009922, "relative_strength": -2.423177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.802699, "energy": 23.37622, "activity_lines": [ 29.883804, 30.209141, 29.357547, 28.822436 ] }, { "date": "2023-09-01", "close": 30.082282, "volume": 14894114, "typical_volume": 18357264.1, "trend": 28.414205, "fair_value": 29.054179, "relative_strength": -3.680651, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.922024, "energy": 22.394706, "activity_lines": [ 29.895981, 30.193698, 29.492379, 28.928179 ] }, { "date": "2023-09-08", "close": 29.485229, "volume": 13979361, "typical_volume": 18355231.1, "trend": 28.412923, "fair_value": 29.097729, "relative_strength": -4.141699, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.091376, "energy": 20.467726, "activity_lines": [ 29.753584, 30.027692, 29.561366, 28.997277 ] }, { "date": "2023-09-15", "close": 29.898574, "volume": 16689260, "typical_volume": 18108842.8, "trend": 28.441674, "fair_value": 29.147511, "relative_strength": -2.586648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.4196, "energy": 19.677439, "activity_lines": [ 29.785119, 29.957159, 29.663364, 29.093125 ] }, { "date": "2023-09-22", "close": 28.732024, "volume": 15065347, "typical_volume": 17609775.4, "trend": 28.471518, "fair_value": 29.192117, "relative_strength": -3.48769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.069469, "energy": 13.368641, "activity_lines": [ 29.444923, 29.686334, 29.6411, 29.111858 ] }, { "date": "2023-09-29", "close": 28.162528, "volume": 21243250, "typical_volume": 17648378.35, "trend": 28.452865, "fair_value": 29.223709, "relative_strength": -4.617026, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.496141, "energy": 16.999615, "activity_lines": [ 28.965947, 29.355444, 29.555954, 29.091923 ] }, { "date": "2023-10-06", "close": 27.390952, "volume": 22713586, "typical_volume": 17782506.45, "trend": 28.462925, "fair_value": 29.249281, "relative_strength": -7.513549, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.808922, "energy": 40.908053, "activity_lines": [ 28.338888, 28.943083, 29.392084, 29.023412 ] }, { "date": "2023-10-13", "close": 27.501177, "volume": 16725073, "typical_volume": 17786491.3, "trend": 28.496316, "fair_value": 29.274486, "relative_strength": -7.352199, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.394111, "energy": 54.976396, "activity_lines": [ 27.927993, 28.611817, 29.236107, 28.961364 ] }, { "date": "2023-10-20", "close": 26.867382, "volume": 15099164, "typical_volume": 17445622.55, "trend": 28.52884, "fair_value": 29.296139, "relative_strength": -7.085216, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.782987, "energy": 65.676781, "activity_lines": [ 27.438104, 28.211248, 29.010852, 28.856272 ] }, { "date": "2023-10-27", "close": 26.2887, "volume": 18768830, "typical_volume": 17601231.15, "trend": 28.493994, "fair_value": 29.325031, "relative_strength": -6.580048, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.686624, "energy": 70.793178, "activity_lines": [ 26.957399, 27.765246, 28.72792, 28.711746 ] }, { "date": "2023-11-03", "close": 28.557501, "volume": 20289890, "typical_volume": 17159834.75, "trend": 28.543242, "fair_value": 29.363402, "relative_strength": -3.970929, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.241689, "energy": 46.167591, "activity_lines": [ 27.39585, 27.7901, 28.664865, 28.715844 ] }, { "date": "2023-11-10", "close": 27.694071, "volume": 17649176, "typical_volume": 17119415.9, "trend": 28.526513, "fair_value": 29.391839, "relative_strength": -7.84663, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.551281, "energy": 32.384944, "activity_lines": [ 27.52016, 27.680543, 28.518403, 28.661058 ] }, { "date": "2023-11-17", "close": 29.319892, "volume": 17384981, "typical_volume": 16624074.65, "trend": 28.56549, "fair_value": 29.432692, "relative_strength": -4.445713, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.298556, "energy": 6.726553, "activity_lines": [ 28.166202, 27.910012, 28.527151, 28.712244 ] }, { "date": "2023-11-24", "close": 29.338263, "volume": 10268114, "typical_volume": 16446663.65, "trend": 28.638948, "fair_value": 29.473868, "relative_strength": -5.151613, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.735214, "energy": 19.953399, "activity_lines": [ 28.69712, 28.145827, 28.543758, 28.762101 ] }, { "date": "2023-12-01", "close": 29.331248, "volume": 25829674, "typical_volume": 16816538.55, "trend": 28.719431, "fair_value": 29.503809, "relative_strength": -5.768509, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.143478, "energy": 21.759706, "activity_lines": [ 29.060974, 28.390554, 28.565457, 28.806765 ] }, { "date": "2023-12-08", "close": 28.527273, "volume": 15518498, "typical_volume": 16877788.45, "trend": 28.768275, "fair_value": 29.52201, "relative_strength": -8.326613, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.818013, "energy": 19.490064, "activity_lines": [ 28.954, 28.478209, 28.519122, 28.794368 ] }, { "date": "2023-12-15", "close": 30.809824, "volume": 32079123, "typical_volume": 17675081.3, "trend": 28.900463, "fair_value": 29.545888, "relative_strength": -3.114785, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.461455, "energy": 33.894412, "activity_lines": [ 29.609892, 28.974241, 28.703839, 28.926081 ] }, { "date": "2023-12-22", "close": 31.752416, "volume": 16944693, "typical_volume": 17606633.55, "trend": 29.104592, "fair_value": 29.575243, "relative_strength": -0.885766, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.503805, "energy": 58.758042, "activity_lines": [ 30.372264, 29.579493, 28.978037, 29.110078 ] }, { "date": "2023-12-29", "close": 32.131301, "volume": 10312404, "typical_volume": 17447438.4, "trend": 29.298007, "fair_value": 29.608673, "relative_strength": 0.07838, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.877311, "energy": 68.23463, "activity_lines": [ 31.098762, 30.176337, 29.280105, 29.305349 ] }, { "date": "2024-01-05", "close": 31.124021, "volume": 12734673, "typical_volume": 17453351.3, "trend": 29.43258, "fair_value": 29.636419, "relative_strength": -1.357643, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.461103, "energy": 64.472743, "activity_lines": [ 31.303299, 30.494332, 29.476833, 29.423156 ] }, { "date": "2024-01-12", "close": 31.077816, "volume": 12406907, "typical_volume": 17329805.9, "trend": 29.524821, "fair_value": 29.668293, "relative_strength": -3.149663, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.516121, "energy": 70.370877, "activity_lines": [ 31.372915, 30.716011, 29.661416, 29.529301 ] }, { "date": "2024-01-19", "close": 30.35701, "volume": 14729237, "typical_volume": 17321562.05, "trend": 29.610995, "fair_value": 29.691996, "relative_strength": -6.278019, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.977852, "energy": 35.689732, "activity_lines": [ 31.032226, 30.760811, 29.771262, 29.58299 ] }, { "date": "2024-01-26", "close": 30.597279, "volume": 22747700, "typical_volume": 17759979.0, "trend": 29.61081, "fair_value": 29.727634, "relative_strength": -6.162511, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 51.494116, "energy": 30.966933, "activity_lines": [ 30.801815, 30.800878, 29.902683, 29.646622 ] }, { "date": "2024-02-02", "close": 30.403216, "volume": 20815265, "typical_volume": 17966279.25, "trend": 29.605983, "fair_value": 29.74551, "relative_strength": -7.676116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.470054, "energy": 22.499696, "activity_lines": [ 30.583725, 30.782437, 30.010326, 29.697745 ] }, { "date": "2024-02-09", "close": 30.754378, "volume": 17974915, "typical_volume": 18111757.65, "trend": 29.593683, "fair_value": 29.762344, "relative_strength": -7.563223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.617722, "energy": 19.423316, "activity_lines": [ 30.597895, 30.80848, 30.149011, 29.771835 ] }, { "date": "2024-02-16", "close": 30.614096, "volume": 15950321, "typical_volume": 17847111.2, "trend": 29.567574, "fair_value": 29.778536, "relative_strength": -7.375716, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.881227, "energy": 21.038752, "activity_lines": [ 30.589947, 30.783142, 30.264704, 29.837668 ] }, { "date": "2024-02-23", "close": 30.976009, "volume": 14769250, "typical_volume": 17449894.4, "trend": 29.575143, "fair_value": 29.802811, "relative_strength": -7.542817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.181057, "energy": 24.222573, "activity_lines": [ 30.733552, 30.785665, 30.403192, 29.928535 ] }, { "date": "2024-03-01", "close": 32.39582, "volume": 20095532, "typical_volume": 17618417.35, "trend": 29.654087, "fair_value": 29.835853, "relative_strength": -3.99636, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.245537, "energy": 45.415344, "activity_lines": [ 31.30916, 31.043313, 30.659828, 30.110514 ] }, { "date": "2024-03-08", "close": 32.518996, "volume": 17223453, "typical_volume": 17724631.8, "trend": 29.732875, "fair_value": 29.858564, "relative_strength": -3.200066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.513541, "energy": 59.807177, "activity_lines": [ 31.805924, 31.311659, 30.904887, 30.295347 ] }, { "date": "2024-03-15", "close": 32.042971, "volume": 18969604, "typical_volume": 17734670.5, "trend": 29.817714, "fair_value": 29.888724, "relative_strength": -4.392039, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.316463, "energy": 66.125622, "activity_lines": [ 32.002961, 31.486405, 31.077697, 30.444385 ] }, { "date": "2024-03-22", "close": 33.237699, "volume": 16033020, "typical_volume": 17521827.0, "trend": 29.932332, "fair_value": 29.918473, "relative_strength": -2.918558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.846278, "energy": 78.330372, "activity_lines": [ 32.512334, 31.861667, 31.336891, 30.665029 ] }, { "date": "2024-03-29", "close": 33.517713, "volume": 13049599, "typical_volume": 17291848.15, "trend": 30.046846, "fair_value": 29.942775, "relative_strength": -2.344123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.401784, "energy": 79.277983, "activity_lines": [ 32.940139, 32.24857, 31.600465, 30.896344 ] }, { "date": "2024-04-05", "close": 32.28565, "volume": 14580972, "typical_volume": 17151647.7, "trend": 30.140193, "fair_value": 29.955559, "relative_strength": -4.956314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.749533, "energy": 62.850457, "activity_lines": [ 32.787809, 32.353994, 31.718969, 31.040783 ] }, { "date": "2024-04-12", "close": 31.025586, "volume": 14073792, "typical_volume": 17341931.6, "trend": 30.17776, "fair_value": 29.951059, "relative_strength": -7.075344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.333364, "energy": 37.515287, "activity_lines": [ 32.222803, 32.199618, 31.703344, 31.097905 ] }, { "date": "2024-04-19", "close": 29.373502, "volume": 16179292, "typical_volume": 16859412.5, "trend": 30.199143, "fair_value": 29.941762, "relative_strength": -8.968841, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.197659, "energy": 11.060548, "activity_lines": [ 31.206662, 31.733547, 31.522342, 31.046018 ] }, { "date": "2024-04-26", "close": 28.981481, "volume": 14399527, "typical_volume": 16803463.95, "trend": 30.226441, "fair_value": 29.927003, "relative_strength": -12.261326, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.835282, "energy": 30.032327, "activity_lines": [ 30.237812, 31.221307, 31.303805, 30.967459 ] }, { "date": "2024-05-03", "close": 29.018817, "volume": 21232477, "typical_volume": 16261131.65, "trend": 30.280704, "fair_value": 29.906122, "relative_strength": -12.424644, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.894721, "energy": 41.338162, "activity_lines": [ 29.565156, 30.745538, 31.08666, 30.889547 ] }, { "date": "2024-05-10", "close": 28.906811, "volume": 13997099, "typical_volume": 16113751.95, "trend": 30.327558, "fair_value": 29.893264, "relative_strength": -14.076487, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.213493, "energy": 57.566304, "activity_lines": [ 29.15509, 30.284991, 30.867376, 30.800909 ] }, { "date": "2024-05-17", "close": 29.093487, "volume": 19253459, "typical_volume": 16560804.7, "trend": 30.401762, "fair_value": 29.888171, "relative_strength": -14.671113, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.812468, "energy": 62.292284, "activity_lines": [ 29.032506, 29.92182, 30.679422, 30.721292 ] }, { "date": "2024-05-24", "close": 28.188108, "volume": 14997203, "typical_volume": 16673931.2, "trend": 30.465075, "fair_value": 29.872517, "relative_strength": -17.110476, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.268807, "energy": 63.702936, "activity_lines": [ 28.736936, 29.456318, 30.419706, 30.578475 ] }, { "date": "2024-05-31", "close": 28.216109, "volume": 13920117, "typical_volume": 16749591.7, "trend": 30.453695, "fair_value": 29.866255, "relative_strength": -16.4794, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.140603, "energy": 70.432439, "activity_lines": [ 28.529725, 29.065995, 30.176638, 30.433381 ] }, { "date": "2024-06-07", "close": 27.586579, "volume": 15885461, "typical_volume": 16807402.9, "trend": 30.450112, "fair_value": 29.859544, "relative_strength": -19.060137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.475724, "energy": 74.409559, "activity_lines": [ 28.163696, 28.652514, 29.887242, 30.248406 ] }, { "date": "2024-06-14", "close": 27.248324, "volume": 18272346, "typical_volume": 16583635.2, "trend": 30.38106, "fair_value": 29.86059, "relative_strength": -20.989254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.37419, "energy": 78.888292, "activity_lines": [ 27.780398, 28.28537, 29.578824, 30.041839 ] }, { "date": "2024-06-21", "close": 27.267116, "volume": 18310339, "typical_volume": 16458388.9, "trend": 30.312022, "fair_value": 29.857184, "relative_strength": -21.084244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.981452, "energy": 80.158426, "activity_lines": [ 27.513929, 28.013231, 29.288143, 29.840939 ] }, { "date": "2024-06-28", "close": 26.675169, "volume": 18464563, "typical_volume": 16482871.3, "trend": 30.223486, "fair_value": 29.849879, "relative_strength": -22.261727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.735828, "energy": 80.557878, "activity_lines": [ 27.171903, 27.701801, 28.95602, 29.606303 ] }, { "date": "2024-07-05", "close": 25.791948, "volume": 13300665, "typical_volume": 16350388.5, "trend": 30.132308, "fair_value": 29.829066, "relative_strength": -25.700854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.025849, "energy": 86.251947, "activity_lines": [ 26.636333, 27.278846, 28.559205, 29.320398 ] }, { "date": "2024-07-12", "close": 27.511411, "volume": 23914692, "typical_volume": 16807660.6, "trend": 30.022361, "fair_value": 29.828628, "relative_strength": -20.99203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.067458, "energy": 61.817751, "activity_lines": [ 26.835527, 27.226513, 28.349111, 29.151307 ] }, { "date": "2024-07-19", "close": 28.319465, "volume": 16225337, "typical_volume": 16614150.85, "trend": 29.90793, "fair_value": 29.830461, "relative_strength": -16.556005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.745022, "energy": 48.478267, "activity_lines": [ 27.309084, 27.348505, 28.232473, 29.041443 ] }, { "date": "2024-07-26", "close": 29.691277, "volume": 17895965, "typical_volume": 16647776.45, "trend": 29.826595, "fair_value": 29.845504, "relative_strength": -11.405018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.9279, "energy": 19.918737, "activity_lines": [ 28.168503, 27.730597, 28.265895, 29.027466 ] }, { "date": "2024-08-02", "close": 29.822821, "volume": 21105066, "typical_volume": 16754549.55, "trend": 29.783222, "fair_value": 29.85713, "relative_strength": -8.738034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.008947, "energy": 23.526352, "activity_lines": [ 28.910159, 28.125737, 28.325311, 29.027222 ] }, { "date": "2024-08-09", "close": 28.826847, "volume": 22037033, "typical_volume": 17054750.2, "trend": 29.70819, "fair_value": 29.860967, "relative_strength": -11.396943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.949635, "energy": 24.296332, "activity_lines": [ 29.109979, 28.310069, 28.300443, 28.96552 ] }, { "date": "2024-08-16", "close": 28.103357, "volume": 19072063, "typical_volume": 17355873.4, "trend": 29.633068, "fair_value": 29.863597, "relative_strength": -16.473877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.95814, "energy": 21.468627, "activity_lines": [ 28.86631, 28.351753, 28.227676, 28.861983 ] }, { "date": "2024-08-23", "close": 29.465774, "volume": 16724469, "typical_volume": 17463048.25, "trend": 29.595351, "fair_value": 29.865658, "relative_strength": -13.195627, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.152573, "energy": 13.954653, "activity_lines": [ 29.037317, 28.631753, 28.310446, 28.85119 ] }, { "date": "2024-08-30", "close": 28.836243, "volume": 17549701, "typical_volume": 17636843.7, "trend": 29.543119, "fair_value": 29.859213, "relative_strength": -14.837538, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.604446, "energy": 10.022415, "activity_lines": [ 28.92206, 28.756975, 28.346688, 28.802215 ] }, { "date": "2024-09-06", "close": 28.703837, "volume": 15461568, "typical_volume": 17600957.5, "trend": 29.474767, "fair_value": 29.861996, "relative_strength": -11.172234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.902866, "energy": 11.208629, "activity_lines": [ 28.819669, 28.829595, 28.380746, 28.748068 ] }, { "date": "2024-09-13", "close": 30.689934, "volume": 20590643, "typical_volume": 17910513.3, "trend": 29.477295, "fair_value": 29.869887, "relative_strength": -8.285509, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.597693, "energy": 23.922881, "activity_lines": [ 29.45391, 29.226438, 28.607144, 28.826466 ] }, { "date": "2024-09-20", "close": 31.437085, "volume": 26743920, "typical_volume": 18186085.45, "trend": 29.492665, "fair_value": 29.877243, "relative_strength": -6.999478, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.971799, "energy": 47.257009, "activity_lines": [ 30.212995, 29.670072, 28.896564, 28.952904 ] }, { "date": "2024-09-27", "close": 31.919423, "volume": 21671571, "typical_volume": 18569809.05, "trend": 29.476785, "fair_value": 29.895104, "relative_strength": -5.772028, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.602306, "energy": 66.449351, "activity_lines": [ 30.910612, 30.130028, 29.220406, 29.109469 ] }, { "date": "2024-10-04", "close": 31.096611, "volume": 18694149, "typical_volume": 18541843.55, "trend": 29.429372, "fair_value": 29.902482, "relative_strength": -8.13414, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.972687, "energy": 64.502599, "activity_lines": [ 31.17038, 30.374928, 29.451539, 29.213974 ] }, { "date": "2024-10-11", "close": 31.238475, "volume": 15701833, "typical_volume": 18577075.05, "trend": 29.402555, "fair_value": 29.905582, "relative_strength": -8.447071, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.183298, "energy": 65.053285, "activity_lines": [ 31.326746, 30.62007, 29.686644, 29.33069 ] }, { "date": "2024-10-18", "close": 31.266848, "volume": 16219716, "typical_volume": 18692055.0, "trend": 29.33686, "fair_value": 29.909393, "relative_strength": -8.816567, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.262565, "energy": 69.93138, "activity_lines": [ 31.323594, 30.844632, 29.909926, 29.450967 ] }, { "date": "2024-10-25", "close": 30.07519, "volume": 18535699, "typical_volume": 18824566.9, "trend": 29.222109, "fair_value": 29.913083, "relative_strength": -11.07384, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.043953, "energy": 39.480873, "activity_lines": [ 30.884761, 30.808165, 30.005189, 29.498601 ] }, { "date": "2024-11-01", "close": 29.488818, "volume": 21296633, "typical_volume": 18975781.25, "trend": 29.128882, "fair_value": 29.899197, "relative_strength": -11.148847, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.846192, "energy": 21.839735, "activity_lines": [ 30.341264, 30.629233, 30.032757, 29.515808 ] }, { "date": "2024-11-08", "close": 30.160308, "volume": 16577812, "typical_volume": 18889154.9, "trend": 29.100039, "fair_value": 29.897026, "relative_strength": -12.867057, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.055936, "energy": 20.675993, "activity_lines": [ 30.183637, 30.571972, 30.113607, 29.582352 ] }, { "date": "2024-11-15", "close": 29.252378, "volume": 13791551, "typical_volume": 18655504.3, "trend": 29.096002, "fair_value": 29.88316, "relative_strength": -13.23438, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.477757, "energy": 20.187681, "activity_lines": [ 29.785787, 30.325558, 30.09421, 29.59218 ] }, { "date": "2024-11-22", "close": 29.545564, "volume": 12428773, "typical_volume": 18611909.7, "trend": 29.114804, "fair_value": 29.869161, "relative_strength": -13.346575, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.022401, "energy": 19.47473, "activity_lines": [ 29.618072, 30.122478, 30.090464, 29.621184 ] }, { "date": "2024-11-29", "close": 30.699392, "volume": 14964597, "typical_volume": 18164404.95, "trend": 29.170824, "fair_value": 29.862139, "relative_strength": -10.59996, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.82427, "energy": 14.89822, "activity_lines": [ 29.949719, 30.149991, 30.178731, 29.723415 ] }, { "date": "2024-12-06", "close": 29.776317, "volume": 14453099, "typical_volume": 18075793.05, "trend": 29.199807, "fair_value": 29.840213, "relative_strength": -13.635127, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.014503, "energy": 10.640048, "activity_lines": [ 29.932061, 30.023085, 30.163906, 29.76248 ] }, { "date": "2024-12-13", "close": 28.605819, "volume": 18305802, "typical_volume": 18096284.9, "trend": 29.183552, "fair_value": 29.812806, "relative_strength": -15.996836, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.097525, "energy": 9.762405, "activity_lines": [ 29.50507, 29.722326, 30.030667, 29.724158 ] }, { "date": "2024-12-20", "close": 26.169661, "volume": 27226485, "typical_volume": 18402355.85, "trend": 29.11627, "fair_value": 29.775098, "relative_strength": -21.079144, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.034778, "energy": 52.851553, "activity_lines": [ 28.369659, 29.023917, 29.670582, 29.529713 ] }, { "date": "2024-12-27", "close": 26.635957, "volume": 9384081, "typical_volume": 17769708.25, "trend": 29.063598, "fair_value": 29.726874, "relative_strength": -19.540223, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.105432, "energy": 64.131265, "activity_lines": [ 27.595194, 28.50245, 29.372303, 29.369693 ] }, { "date": "2025-01-03", "close": 26.988058, "volume": 12818982, "typical_volume": 17457054.2, "trend": 29.043648, "fair_value": 29.685374, "relative_strength": -17.43373, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.544485, "energy": 68.56593, "activity_lines": [ 27.13207, 28.129198, 29.117989, 29.235787 ] }, { "date": "2025-01-10", "close": 25.96982, "volume": 12943674, "typical_volume": 17268014.45, "trend": 29.001031, "fair_value": 29.633943, "relative_strength": -18.375033, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.995082, "energy": 74.192136, "activity_lines": [ 26.576956, 27.626942, 28.772011, 29.037476 ] }, { "date": "2025-01-17", "close": 28.739046, "volume": 20209101, "typical_volume": 17400984.45, "trend": 29.050095, "fair_value": 29.616057, "relative_strength": -11.770299, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.60605, "energy": 56.303774, "activity_lines": [ 27.198684, 27.692164, 28.706417, 29.020573 ] }, { "date": "2025-01-24", "close": 28.539205, "volume": 12399816, "typical_volume": 17247896.85, "trend": 29.11223, "fair_value": 29.588169, "relative_strength": -13.372647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.116999, "energy": 34.455256, "activity_lines": [ 27.744916, 27.746892, 28.622253, 28.987613 ] }, { "date": "2025-01-31", "close": 29.138728, "volume": 20425824, "typical_volume": 17239655.9, "trend": 29.223789, "fair_value": 29.559657, "relative_strength": -10.206973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.945623, "energy": 19.278857, "activity_lines": [ 28.33302, 27.923591, 28.59597, 28.989322 ] }, { "date": "2025-02-07", "close": 28.596303, "volume": 18214103, "typical_volume": 16813165.05, "trend": 29.259952, "fair_value": 29.521979, "relative_strength": -11.264059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.765499, "energy": 25.118625, "activity_lines": [ 28.573464, 28.009064, 28.525415, 28.948839 ] }, { "date": "2025-02-14", "close": 28.177588, "volume": 13283346, "typical_volume": 16393753.8, "trend": 29.255223, "fair_value": 29.48656, "relative_strength": -13.351381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.900254, "energy": 21.101066, "activity_lines": [ 28.567119, 28.056645, 28.42851, 28.879009 ] }, { "date": "2025-02-21", "close": 28.272751, "volume": 17852677, "typical_volume": 16351680.2, "trend": 29.207939, "fair_value": 29.45164, "relative_strength": -11.175171, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.447563, "energy": 16.755424, "activity_lines": [ 28.445312, 28.150597, 28.358485, 28.815624 ] }, { "date": "2025-02-28", "close": 28.643884, "volume": 18197478, "typical_volume": 16476462.45, "trend": 29.168641, "fair_value": 29.417552, "relative_strength": -8.614418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.433801, "energy": 12.705889, "activity_lines": [ 28.478301, 28.318082, 28.337254, 28.779234 ] }, { "date": "2025-03-07", "close": 29.367118, "volume": 24061358, "typical_volume": 16868544.55, "trend": 29.18665, "fair_value": 29.386328, "relative_strength": -2.862902, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.141601, "energy": 6.179916, "activity_lines": [ 28.745391, 28.57208, 28.397258, 28.792039 ] }, { "date": "2025-03-14", "close": 28.236508, "volume": 17953617, "typical_volume": 16839440.45, "trend": 29.191088, "fair_value": 29.345807, "relative_strength": -3.959546, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.523727, "energy": 10.528775, "activity_lines": [ 28.620384, 28.570854, 28.35863, 28.730739 ] }, { "date": "2025-03-21", "close": 27.958646, "volume": 18680632, "typical_volume": 16708640.4, "trend": 29.14085, "fair_value": 29.311205, "relative_strength": -4.862379, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.334374, "energy": 14.893551, "activity_lines": [ 28.426742, 28.496408, 28.302296, 28.651227 ] }, { "date": "2025-03-28", "close": 28.131112, "volume": 13231984, "typical_volume": 16541349.0, "trend": 29.117346, "fair_value": 29.28092, "relative_strength": -2.327978, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.887713, "energy": 15.751438, "activity_lines": [ 28.305186, 28.41716, 28.269673, 28.586082 ] }, { "date": "2025-04-04", "close": 25.160865, "volume": 25067772, "typical_volume": 17105160.05, "trend": 28.999247, "fair_value": 29.22794, "relative_strength": -3.455085, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -77.170587, "energy": 62.438571, "activity_lines": [ 27.20299, 27.80892, 27.963832, 28.330825 ] }, { "date": "2025-04-11", "close": 24.720119, "volume": 25042150, "typical_volume": 17735828.9, "trend": 28.800253, "fair_value": 29.165377, "relative_strength": -9.725852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.530132, "energy": 76.240556, "activity_lines": [ 26.186079, 27.181969, 27.635499, 28.054753 ] }, { "date": "2025-04-18", "close": 24.7297, "volume": 12302078, "typical_volume": 17602702.95, "trend": 28.576674, "fair_value": 29.0939, "relative_strength": -7.946993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.818819, "energy": 83.729108, "activity_lines": [ 25.482163, 26.637098, 27.331056, 27.792136 ] }, { "date": "2025-04-25", "close": 23.771556, "volume": 16838291, "typical_volume": 17721962.55, "trend": 28.305078, "fair_value": 29.017944, "relative_strength": -14.940119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.023659, "energy": 88.55387, "activity_lines": [ 24.692652, 25.988321, 26.963789, 27.482129 ] }, { "date": "2025-05-02", "close": 25.065051, "volume": 25359410, "typical_volume": 18074642.95, "trend": 28.104026, "fair_value": 28.956262, "relative_strength": -12.42293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.153032, "energy": 80.106351, "activity_lines": [ 24.613445, 25.654835, 26.748306, 27.273095 ] }, { "date": "2025-05-09", "close": 25.112958, "volume": 21248887, "typical_volume": 17775763.05, "trend": 27.899842, "fair_value": 28.902808, "relative_strength": -11.484717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.385381, "energy": 68.525645, "activity_lines": [ 24.754612, 25.388381, 26.554247, 27.080123 ] }, { "date": "2025-05-16", "close": 25.601612, "volume": 16647058, "typical_volume": 18138911.9, "trend": 27.711001, "fair_value": 28.85847, "relative_strength": -13.883212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.185648, "energy": 46.549356, "activity_lines": [ 25.061857, 25.274972, 26.411758, 26.93185 ] }, { "date": "2025-05-23", "close": 24.173977, "volume": 16977742, "typical_volume": 18346849.9, "trend": 27.514294, "fair_value": 28.789968, "relative_strength": -16.174307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.977454, "energy": 44.996396, "activity_lines": [ 24.834458, 24.970456, 26.138229, 26.703655 ] }, { "date": "2025-05-30", "close": 25.026725, "volume": 23219037, "typical_volume": 18860618.05, "trend": 27.365558, "fair_value": 28.737024, "relative_strength": -14.343262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.157854, "energy": 33.970452, "activity_lines": [ 24.928356, 24.89485, 25.959314, 26.543166 ] }, { "date": "2025-06-06", "close": 25.818771, "volume": 21190350, "typical_volume": 18909680.5, "trend": 27.22084, "fair_value": 28.703126, "relative_strength": -12.758323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.657167, "energy": 27.782286, "activity_lines": [ 25.202591, 25.016559, 25.860323, 26.443374 ] }, { "date": "2025-06-13", "close": 25.886385, "volume": 14955367, "typical_volume": 19037458.05, "trend": 27.10864, "fair_value": 28.685467, "relative_strength": -11.959997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.214144, "energy": 24.395173, "activity_lines": [ 25.449117, 25.192605, 25.781678, 26.35728 ] }, { "date": "2025-06-20", "close": 25.287521, "volume": 15821707, "typical_volume": 18807252.2, "trend": 26.966705, "fair_value": 28.656511, "relative_strength": -13.584299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.975393, "energy": 18.169022, "activity_lines": [ 25.444459, 25.246575, 25.658631, 26.239788 ] }, { "date": "2025-06-27", "close": 24.968771, "volume": 24450529, "typical_volume": 19119073.5, "trend": 26.775684, "fair_value": 28.62746, "relative_strength": -17.244754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.783508, "energy": 19.443808, "activity_lines": [ 25.354491, 25.232274, 25.523566, 26.110889 ] }, { "date": "2025-07-04", "close": 25.528998, "volume": 17181077, "typical_volume": 19313960.05, "trend": 26.634107, "fair_value": 28.596268, "relative_strength": -16.594712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.909561, "energy": 18.021103, "activity_lines": [ 25.398279, 25.315486, 25.459129, 26.030458 ] }, { "date": "2025-07-11", "close": 25.413089, "volume": 27701014, "typical_volume": 19806376.9, "trend": 26.527683, "fair_value": 28.565613, "relative_strength": -16.449363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.564045, "energy": 20.320664, "activity_lines": [ 25.369945, 25.34567, 25.396266, 25.951682 ] }, { "date": "2025-07-18", "close": 24.447179, "volume": 22248673, "typical_volume": 20008936.65, "trend": 26.470267, "fair_value": 28.524704, "relative_strength": -19.712043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.030662, "energy": 32.578262, "activity_lines": [ 25.046687, 25.193906, 25.255029, 25.817456 ] }, { "date": "2025-07-25", "close": 25.567635, "volume": 32059307, "typical_volume": 20408834.1, "trend": 26.434656, "fair_value": 28.486469, "relative_strength": -16.789602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.492688, "energy": 20.654235, "activity_lines": [ 25.192862, 25.257967, 25.240486, 25.759222 ] }, { "date": "2025-08-01", "close": 24.22502, "volume": 22668764, "typical_volume": 20644591.45, "trend": 26.342555, "fair_value": 28.446306, "relative_strength": -18.634761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.44358, "energy": 37.031935, "activity_lines": [ 24.872824, 25.078533, 25.116168, 25.616665 ] }, { "date": "2025-08-08", "close": 24.611384, "volume": 18077152, "typical_volume": 20614417.45, "trend": 26.297274, "fair_value": 28.39877, "relative_strength": -18.816824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.565492, "energy": 38.913134, "activity_lines": [ 24.731157, 24.968419, 25.047749, 25.504976 ] }, { "date": "2025-08-15", "close": 24.959111, "volume": 18551235, "typical_volume": 20880380.0, "trend": 26.171276, "fair_value": 28.357302, "relative_strength": -18.055473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.136937, "energy": 27.843158, "activity_lines": [ 24.766573, 24.92908, 25.028386, 25.418643 ] }, { "date": "2025-08-22", "close": 25.915362, "volume": 20340342, "typical_volume": 20644008.5, "trend": 26.083814, "fair_value": 28.326527, "relative_strength": -14.71523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.250247, "energy": 14.856347, "activity_lines": [ 25.151005, 25.079235, 25.1152, 25.402133 ] }, { "date": "2025-08-29", "close": 25.19093, "volume": 19468180, "typical_volume": 20365310.0, "trend": 25.952221, "fair_value": 28.298516, "relative_strength": -16.632087, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.367566, "energy": 12.464292, "activity_lines": [ 25.196081, 25.097149, 25.129427, 25.344527 ] }, { "date": "2025-09-05", "close": 25.46358, "volume": 16187892, "typical_volume": 20559600.7, "trend": 25.847797, "fair_value": 28.268056, "relative_strength": -15.514137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.496073, "energy": 13.683454, "activity_lines": [ 25.357154, 25.166391, 25.167378, 25.313002 ] }, { "date": "2025-09-12", "close": 24.246392, "volume": 20038325, "typical_volume": 20719602.4, "trend": 25.716757, "fair_value": 28.251557, "relative_strength": -20.190567, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.853053, "energy": 17.206594, "activity_lines": [ 25.029927, 25.00533, 25.085913, 25.209686 ] }, { "date": "2025-09-19", "close": 23.467391, "volume": 28202740, "typical_volume": 20861768.9, "trend": 25.556578, "fair_value": 28.2398, "relative_strength": -23.038283, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.391318, "energy": 43.412443, "activity_lines": [ 24.467366, 24.725952, 24.927996, 25.064565 ] }, { "date": "2025-09-26", "close": 23.895841, "volume": 22379065, "typical_volume": 20918277.8, "trend": 25.39831, "fair_value": 28.233194, "relative_strength": -20.732867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.941352, "energy": 52.062281, "activity_lines": [ 24.147069, 24.559851, 24.818491, 24.957421 ] }, { "date": "2025-10-03", "close": 24.460617, "volume": 20763661, "typical_volume": 21124107.95, "trend": 25.23476, "fair_value": 28.229649, "relative_strength": -19.127956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.448968, "energy": 53.35696, "activity_lines": [ 24.149666, 24.50646, 24.76857, 24.896925 ] }, { "date": "2025-10-10", "close": 23.301854, "volume": 17623102, "typical_volume": 21156375.95, "trend": 25.070272, "fair_value": 28.216775, "relative_strength": -20.410082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.214548, "energy": 62.044819, "activity_lines": [ 23.814696, 24.262513, 24.613725, 24.772221 ] }, { "date": "2025-10-17", "close": 22.970778, "volume": 26403144, "typical_volume": 21315581.3, "trend": 24.904009, "fair_value": 28.196407, "relative_strength": -22.231186, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.215655, "energy": 61.281215, "activity_lines": [ 23.513482, 23.975155, 24.431501, 24.63677 ] }, { "date": "2025-10-24", "close": 23.262904, "volume": 19522572, "typical_volume": 21232192.4, "trend": 24.741736, "fair_value": 28.171533, "relative_strength": -22.123925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.16406, "energy": 56.351247, "activity_lines": [ 23.394685, 23.77074, 24.286889, 24.530892 ] }, { "date": "2025-10-31", "close": 22.396265, "volume": 40022288, "typical_volume": 22485538.45, "trend": 24.649583, "fair_value": 28.145692, "relative_strength": -24.917821, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.369326, "energy": 71.132204, "activity_lines": [ 23.00064, 23.439595, 24.07191, 24.379571 ] }, { "date": "2025-11-07", "close": 22.474165, "volume": 35135413, "typical_volume": 23451223.75, "trend": 24.574717, "fair_value": 28.10463, "relative_strength": -22.816247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.422952, "energy": 69.683223, "activity_lines": [ 22.732534, 23.186597, 23.880971, 24.239222 ] }, { "date": "2025-11-14", "close": 21.549102, "volume": 31158754, "typical_volume": 23786635.0, "trend": 24.468697, "fair_value": 28.062225, "relative_strength": -25.488955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.34888, "energy": 78.722732, "activity_lines": [ 22.288503, 22.814801, 23.615327, 24.044021 ] }, { "date": "2025-11-21", "close": 21.20829, "volume": 30812569, "typical_volume": 24468209.6, "trend": 24.383255, "fair_value": 28.017411, "relative_strength": -24.624636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.2621, "energy": 83.973347, "activity_lines": [ 21.847719, 22.452212, 23.333509, 23.833672 ] }, { "date": "2025-11-28", "close": 21.83149, "volume": 21743505, "typical_volume": 24170334.15, "trend": 24.27547, "fair_value": 27.974966, "relative_strength": -24.508364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.307865, "energy": 75.015799, "activity_lines": [ 21.732167, 22.25817, 23.131618, 23.669042 ] }, { "date": "2025-12-05", "close": 21.320352, "volume": 29195250, "typical_volume": 24517663.0, "trend": 24.14905, "fair_value": 27.934532, "relative_strength": -25.900518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.455855, "energy": 76.351579, "activity_lines": [ 21.541664, 22.000937, 22.898102, 23.478389 ] }, { "date": "2025-12-12", "close": 22.99138, "volume": 48828443, "typical_volume": 25356119.8, "trend": 24.062042, "fair_value": 27.905823, "relative_strength": -19.105976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.936427, "energy": 46.170814, "activity_lines": [ 21.979897, 22.094355, 22.838622, 23.403701 ] }, { "date": "2025-12-19", "close": 23.079846, "volume": 46741253, "typical_volume": 26559744.25, "trend": 24.025571, "fair_value": 27.876612, "relative_strength": -18.4849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.112431, "energy": 28.624063, "activity_lines": [ 22.413138, 22.230571, 22.799835, 23.340333 ] }, { "date": "2025-12-26", "close": 23.335415, "volume": 19078586, "typical_volume": 26609815.95, "trend": 23.969194, "fair_value": 27.851795, "relative_strength": -18.309036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.14358, "energy": 22.243533, "activity_lines": [ 22.82952, 22.417291, 22.790841, 23.295807 ] }, { "date": "2026-01-02", "close": 23.394393, "volume": 16769813, "typical_volume": 26520744.85, "trend": 23.888381, "fair_value": 27.823926, "relative_strength": -16.787155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.318154, "energy": 24.673962, "activity_lines": [ 23.123752, 22.608104, 22.79354, 23.258723 ] }, { "date": "2026-01-09", "close": 25.291501, "volume": 44638636, "typical_volume": 27735659.55, "trend": 23.868552, "fair_value": 27.807035, "relative_strength": -11.085444, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.237863, "energy": 37.408334, "activity_lines": [ 23.94616, 23.141455, 22.984367, 23.349247 ] }, { "date": "2026-01-16", "close": 26.598835, "volume": 42547215, "typical_volume": 28889611.3, "trend": 23.912262, "fair_value": 27.797344, "relative_strength": -5.712326, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.877333, "energy": 61.455149, "activity_lines": [ 24.939602, 23.859863, 23.302673, 23.525394 ] }, { "date": "2026-01-23", "close": 26.215481, "volume": 34874157, "typical_volume": 29823924.55, "trend": 23.953819, "fair_value": 27.772312, "relative_strength": -6.325979, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.58582, "energy": 69.211507, "activity_lines": [ 25.564763, 24.433575, 23.577764, 23.673989 ] }, { "date": "2026-01-30", "close": 25.340649, "volume": 38184689, "typical_volume": 30731242.75, "trend": 23.947541, "fair_value": 27.736327, "relative_strength": -9.279284, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.788657, "energy": 67.44835, "activity_lines": [ 25.689271, 24.763385, 23.765958, 23.763462 ] }, { "date": "2026-02-06", "close": 26.185993, "volume": 41081197, "typical_volume": 31375165.6, "trend": 23.973304, "fair_value": 27.714932, "relative_strength": -5.609184, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.41978, "energy": 66.994556, "activity_lines": [ 25.961878, 25.171759, 24.02945, 23.907878 ] }, { "date": "2026-02-13", "close": 26.294118, "volume": 31945500, "typical_volume": 31853487.35, "trend": 24.034869, "fair_value": 27.697355, "relative_strength": -3.60843, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.698117, "energy": 59.805976, "activity_lines": [ 26.08442, 25.52062, 24.290294, 24.057608 ] }, { "date": "2026-02-20", "close": 24.84917, "volume": 19530755, "typical_volume": 31791842.05, "trend": 24.01092, "fair_value": 27.678204, "relative_strength": -9.413677, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.330844, "energy": 41.082654, "activity_lines": [ 25.658472, 25.51633, 24.402103, 24.110144 ] }, { "date": "2026-02-27", "close": 24.111952, "volume": 29566469, "typical_volume": 32389010.4, "trend": 24.007151, "fair_value": 27.648652, "relative_strength": -11.074885, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.328292, "energy": 26.614018, "activity_lines": [ 25.103429, 25.344223, 24.441851, 24.116662 ] }, { "date": "2026-03-06", "close": 24.082463, "volume": 34964068, "typical_volume": 32817056.6, "trend": 23.989521, "fair_value": 27.629378, "relative_strength": -8.685159, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.608077, "energy": 20.355185, "activity_lines": [ 24.678791, 25.147989, 24.474933, 24.121521 ] }, { "date": "2026-03-13", "close": 23.260462, "volume": 34552373, "typical_volume": 33568546.65, "trend": 23.932899, "fair_value": 27.608616, "relative_strength": -9.766511, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.341427, "energy": 20.029904, "activity_lines": [ 24.064032, 24.788718, 24.424435, 24.074485 ] }, { "date": "2026-03-20", "close": 22.278882, "volume": 27801888, "typical_volume": 32957526.65, "trend": 23.811683, "fair_value": 27.585457, "relative_strength": -11.299746, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.848178, "energy": 32.644764, "activity_lines": [ 23.317115, 24.253412, 24.280465, 23.967774 ] }, { "date": "2026-03-27", "close": 23.65706, "volume": 24768930, "typical_volume": 32439202.5, "trend": 23.760554, "fair_value": 27.561886, "relative_strength": -2.99236, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.281914, "energy": 26.015448, "activity_lines": [ 23.297273, 24.023459, 24.26831, 23.957798 ] }, { "date": "2026-04-03", "close": 24.222211, "volume": 19415531, "typical_volume": 31852041.35, "trend": 23.719175, "fair_value": 27.543567, "relative_strength": -3.318005, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.229368, "energy": 21.050171, "activity_lines": [ 23.545289, 23.949748, 24.304345, 23.987583 ] }, { "date": "2026-04-10", "close": 24.430425, "volume": 17587790, "typical_volume": 31190802.4, "trend": 23.725309, "fair_value": 27.519429, "relative_strength": -5.360184, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.428549, "energy": 12.445939, "activity_lines": [ 23.855358, 23.950135, 24.347481, 24.03347 ] }, { "date": "2026-04-17", "close": 24.955917, "volume": 23882606, "typical_volume": 31297757.45, "trend": 23.774927, "fair_value": 27.49895, "relative_strength": -6.918109, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.565347, "energy": 21.170765, "activity_lines": [ 24.317395, 24.062616, 24.42532, 24.112864 ] }, { "date": "2026-04-24", "close": 24.817108, "volume": 21439380, "typical_volume": 30909963.95, "trend": 23.805636, "fair_value": 27.484095, "relative_strength": -7.508984, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.444009, "energy": 25.770108, "activity_lines": [ 24.620131, 24.172223, 24.475061, 24.180101 ] }, { "date": "2026-05-01", "close": 23.785954, "volume": 28779566, "typical_volume": 29907520.1, "trend": 23.783147, "fair_value": 27.464025, "relative_strength": -11.647269, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 26.844095, "energy": 18.49272, "activity_lines": [ 24.409934, 24.121203, 24.409946, 24.178831 ] }, { "date": "2026-05-08", "close": 23.329866, "volume": 26153764, "typical_volume": 28878145.65, "trend": 23.784081, "fair_value": 27.440102, "relative_strength": -14.747845, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.563202, "energy": 8.836249, "activity_lines": [ 24.039115, 24.006589, 24.29761, 24.149587 ] }, { "date": "2026-05-15", "close": 22.487096, "volume": 29534939, "typical_volume": 29400963.3, "trend": 23.767958, "fair_value": 27.412172, "relative_strength": -17.436695, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.467774, "energy": 32.200629, "activity_lines": [ 23.446863, 23.752964, 24.10382, 24.065911 ] }, { "date": "2026-05-22", "close": 23.458761, "volume": 24302670, "typical_volume": 29777606.15, "trend": 23.774487, "fair_value": 27.398263, "relative_strength": -14.134269, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.436044, "energy": 37.057169, "activity_lines": [ 23.308054, 23.705012, 24.006609, 24.045963 ] }, { "date": "2026-05-29", "close": 24.301531, "volume": 23059346, "typical_volume": 28698641.65, "trend": 23.837996, "fair_value": 27.385267, "relative_strength": -11.823142, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.803423, "energy": 28.324808, "activity_lines": [ 23.549978, 23.806685, 23.989355, 24.079966 ] }, { "date": "2026-06-05", "close": 24.48, "volume": 23585146, "typical_volume": 27750538.2, "trend": 23.904857, "fair_value": 27.368557, "relative_strength": -8.393083, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.543481, "energy": 7.820887, "activity_lines": [ 23.885764, 23.904032, 23.993813, 24.121385 ] }, { "date": "2026-06-12", "close": 24.85, "volume": 30856422, "typical_volume": 27549651.45, "trend": 24.014887, "fair_value": 27.346374, "relative_strength": -7.023975, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.776108, "energy": 23.797378, "activity_lines": [ 24.298614, 24.053689, 24.043598, 24.182362 ] }, { "date": "2026-06-19", "close": 24.32, "volume": 21192714, "typical_volume": 26700052.7, "trend": 24.11861, "fair_value": 27.324247, "relative_strength": -9.340314, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.531352, "energy": 19.303909, "activity_lines": [ 24.433455, 24.095568, 24.049409, 24.202047 ] }, { "date": "2026-06-26", "close": 25.31, "volume": 34260113, "typical_volume": 26358998.5, "trend": 24.234561, "fair_value": 27.290318, "relative_strength": -3.023619, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.627976, "energy": 31.012307, "activity_lines": [ 24.776102, 24.319454, 24.154367, 24.278911 ] }, { "date": "2026-07-03", "close": 23.79, "volume": 26049092, "typical_volume": 26064178.1, "trend": 24.316882, "fair_value": 27.246998, "relative_strength": -10.330545, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.878891, "energy": 14.508865, "activity_lines": [ 24.488667, 24.26054, 24.118734, 24.250229 ] }, { "date": "2026-07-10", "close": 23.45, "volume": 26170527, "typical_volume": 26396166.7, "trend": 24.33217, "fair_value": 27.197809, "relative_strength": -12.322818, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.243541, "energy": 13.784473, "activity_lines": [ 24.122, 24.158481, 24.062644, 24.194302 ] }, { "date": "2026-07-17", "close": 24.49, "volume": 23678969, "typical_volume": 26101791.7, "trend": 24.379175, "fair_value": 27.153531, "relative_strength": -6.671862, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.93939, "energy": 8.44275, "activity_lines": [ 24.170667, 24.251622, 24.112264, 24.204484 ] }, { "date": "2026-07-24", "close": 23.94, "volume": 21101623, "typical_volume": 25408669.45, "trend": 24.399328, "fair_value": 27.109884, "relative_strength": -7.818952, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.970146, "energy": 17.832369, "activity_lines": [ 24.06, 24.22367, 24.107704, 24.17615 ] }, { "date": "2026-07-31", "close": 25.03, "volume": 30814728, "typical_volume": 25221787.2, "trend": 24.453848, "fair_value": 27.077849, "relative_strength": -4.358736, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.328945, "energy": 6.075444, "activity_lines": [ 24.338, 24.367482, 24.207631, 24.216839 ] }, { "date": "2026-08-07", "close": 25.58, "volume": 32554691, "typical_volume": 25459427.35, "trend": 24.463464, "fair_value": 27.04852, "relative_strength": -5.262161, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.414431, "energy": 31.672764, "activity_lines": [ 24.818, 24.582727, 24.351513, 24.289494 ] } ], "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." } } }