{ "ticker": { "uuid": "cf11ca3e-6c2a-4120-9ab4-adce73624d51", "symbol": "ICHI", "name": "Ichitan Group Public Company Limited", "exchange": "SET", "country": "TH", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^SET.BK", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 78.949, "architecture_energy": 91.157, "architecture_maturity": 19.403, "architecture_confidence": 74.765, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 4.0, "rotation_up": 85.5, "upward_expansion": 99.78, "deceleration": 39.07, "rotation_down": 8.61, "downward_expansion": 21.78 }, "activity_lines": [ 14.82, 14.463636, 13.827143, 13.599312 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 15.0, "trend_reference": 13.422419, "distance_from_trend": 0.117533, "trend_direction": "Improving", "fair_value": 12.700778, "distance_from_fair_value": 0.18103, "fair_value_direction": "Improving", "relative_strength": 1.204196, "relative_strength_direction": "Improving", "price_momentum": 0.130121, "excess_performance": -0.062204, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.117533, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04779, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.18103, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.165694, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.012042, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.080154, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.130121, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.915386, "read": "Demand-led" } ], "volume": { "latest": 26400700, "relative_activity": 1.178417, "balance": 7.915386, "dry_up": 1.136315, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.030256, "annualized_volatility": 0.233338, "from_high_reference": -0.013158, "from_low_reference": 0.473705 }, "levels": { "trend_reference": 13.422419, "fair_value_reference": 12.700778, "structural_low": 11.8, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.016949, "positive_rate": 0.521739, "directional_follow_through": 0.521739, "median_excess_return": -0.006849, "regime_survival": 0.652174, "best_return": 0.114865, "worst_return": -0.171935, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.008675, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.033755, "regime_survival": 0.333333, "best_return": 0.180488, "worst_return": -0.322492, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.027778, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.075061, "regime_survival": 0.0, "best_return": 0.262609, "worst_return": -0.118797, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.124752, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.202967, "regime_survival": 0.333333, "best_return": 0.43483, "worst_return": -0.35172, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-04-05", "tenure": "Developing", "return": 0.021472, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-05-10", "tenure": "Developing", "return": 0.077844, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-06-07", "tenure": "New", "return": -0.054945, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-07-26", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.057325, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2025-08-08", "tenure": "Extended", "return": -0.156436, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": 0.175439, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": -0.075188, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-26", "tenure": "Developing", "return": 0.055555, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-03-20", "tenure": "Developing", "return": -0.022361, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-22", "tenure": "Developing", "return": 0.066667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-07-03", "tenure": "Developing", "return": 0.100775, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.041667, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 12.59733, "volume": 52726800, "typical_volume": 44316860.0, "trend": 10.496128, "fair_value": 8.402908, "relative_strength": 39.323067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.516859, "energy": 67.195152, "activity_lines": [ 12.087059, 11.753643, 11.421968, 11.022968 ] }, { "date": "2023-08-25", "close": 13.314901, "volume": 52779600, "typical_volume": 45525295.0, "trend": 10.639378, "fair_value": 8.446658, "relative_strength": 41.346508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.890496, "energy": 80.82488, "activity_lines": [ 12.528232, 12.074012, 11.646348, 11.204825 ] }, { "date": "2023-09-01", "close": 13.155439, "volume": 53555600, "typical_volume": 47340380.0, "trend": 10.762158, "fair_value": 8.481334, "relative_strength": 37.675526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.093395, "energy": 78.595347, "activity_lines": [ 12.82589, 12.332047, 11.83652, 11.367151 ] }, { "date": "2023-09-08", "close": 13.23517, "volume": 42938700, "typical_volume": 47387835.0, "trend": 10.892647, "fair_value": 8.518757, "relative_strength": 37.873089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.018055, "energy": 79.352375, "activity_lines": [ 13.054449, 12.569787, 12.017467, 11.5267 ] }, { "date": "2023-09-15", "close": 12.677059, "volume": 30495600, "typical_volume": 47028370.0, "trend": 11.004533, "fair_value": 8.550366, "relative_strength": 30.945336, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.580598, "energy": 66.170703, "activity_lines": [ 13.001295, 12.665463, 12.128063, 11.641824 ] }, { "date": "2023-09-22", "close": 13.155439, "volume": 37424800, "typical_volume": 46658895.0, "trend": 11.129838, "fair_value": 8.581016, "relative_strength": 35.823816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.578883, "energy": 52.342187, "activity_lines": [ 13.054448, 12.814775, 12.269678, 11.780592 ] }, { "date": "2023-09-29", "close": 13.394629, "volume": 35870400, "typical_volume": 45405795.0, "trend": 11.263117, "fair_value": 8.613646, "relative_strength": 40.989448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.017319, "energy": 52.190983, "activity_lines": [ 13.150124, 12.968437, 12.41509, 11.926707 ] }, { "date": "2023-10-06", "close": 13.394629, "volume": 52505000, "typical_volume": 44094235.0, "trend": 11.383766, "fair_value": 8.647618, "relative_strength": 42.168025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.187502, "energy": 47.926768, "activity_lines": [ 13.240484, 13.096004, 12.544177, 12.064224 ] }, { "date": "2023-10-13", "close": 13.314901, "volume": 78048600, "typical_volume": 44216905.0, "trend": 11.499232, "fair_value": 8.68421, "relative_strength": 38.318755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.911801, "energy": 44.741332, "activity_lines": [ 13.288323, 13.178634, 12.65428, 12.188814 ] }, { "date": "2023-10-20", "close": 12.59733, "volume": 33937600, "typical_volume": 44112135.0, "trend": 11.583201, "fair_value": 8.716203, "relative_strength": 34.015013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.503581, "energy": 33.469695, "activity_lines": [ 13.091656, 13.103253, 12.68845, 12.259659 ] }, { "date": "2023-10-27", "close": 12.11895, "volume": 29381700, "typical_volume": 42743455.0, "trend": 11.651224, "fair_value": 8.74826, "relative_strength": 28.551623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.369637, "energy": 18.590254, "activity_lines": [ 12.740844, 12.927847, 12.671745, 12.294223 ] }, { "date": "2023-11-03", "close": 12.039221, "volume": 34685900, "typical_volume": 41926030.0, "trend": 11.741848, "fair_value": 8.779359, "relative_strength": 23.614009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.841504, "energy": 16.841204, "activity_lines": [ 12.432555, 12.746643, 12.647446, 12.319255 ] }, { "date": "2023-11-10", "close": 12.278411, "volume": 80091600, "typical_volume": 44350265.0, "trend": 11.830341, "fair_value": 8.807071, "relative_strength": 27.519737, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.084094, "energy": 16.412006, "activity_lines": [ 12.294357, 12.632121, 12.64327, 12.353872 ] }, { "date": "2023-11-17", "close": 11.959491, "volume": 76324400, "typical_volume": 45467340.0, "trend": 11.908204, "fair_value": 8.833186, "relative_strength": 20.881726, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.499354, "energy": 15.796854, "activity_lines": [ 12.124266, 12.475561, 12.603785, 12.362205 ] }, { "date": "2023-11-24", "close": 12.116258, "volume": 34281000, "typical_volume": 45934710.0, "trend": 11.991293, "fair_value": 8.8612, "relative_strength": 23.006832, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.007667, "energy": 14.737322, "activity_lines": [ 12.096792, 12.370698, 12.574673, 12.375627 ] }, { "date": "2023-12-01", "close": 12.281104, "volume": 29948800, "typical_volume": 46085155.0, "trend": 12.095032, "fair_value": 8.890271, "relative_strength": 25.033971, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.458598, "energy": 11.320184, "activity_lines": [ 12.156338, 12.306003, 12.5552, 12.394325 ] }, { "date": "2023-12-08", "close": 11.868986, "volume": 33718000, "typical_volume": 45094065.0, "trend": 12.158457, "fair_value": 8.918936, "relative_strength": 19.779855, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.705603, "energy": 20.85011, "activity_lines": [ 12.067701, 12.182274, 12.49039, 12.379741 ] }, { "date": "2023-12-15", "close": 12.528374, "volume": 23458300, "typical_volume": 44706830.0, "trend": 12.209311, "fair_value": 8.953618, "relative_strength": 24.360611, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.013662, "energy": 5.331703, "activity_lines": [ 12.210209, 12.206174, 12.48881, 12.403607 ] }, { "date": "2023-12-22", "close": 12.445952, "volume": 34140200, "typical_volume": 45511955.0, "trend": 12.2335, "fair_value": 8.989561, "relative_strength": 21.159594, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.322116, "energy": 3.978929, "activity_lines": [ 12.308579, 12.230837, 12.475532, 12.418874 ] }, { "date": "2023-12-29", "close": 12.940492, "volume": 38854800, "typical_volume": 44258370.0, "trend": 12.282146, "fair_value": 9.031135, "relative_strength": 23.712155, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.46586, "energy": 19.206183, "activity_lines": [ 12.539364, 12.361216, 12.506277, 12.464486 ] }, { "date": "2024-01-05", "close": 13.352611, "volume": 18699600, "typical_volume": 42557010.0, "trend": 12.323268, "fair_value": 9.073784, "relative_strength": 25.247728, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.788663, "energy": 31.987924, "activity_lines": [ 12.852574, 12.560286, 12.571221, 12.533549 ] }, { "date": "2024-01-12", "close": 13.270186, "volume": 40112700, "typical_volume": 41923665.0, "trend": 12.382903, "fair_value": 9.109643, "relative_strength": 24.46894, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.717291, "energy": 50.799935, "activity_lines": [ 13.066875, 12.72194, 12.624718, 12.59464 ] }, { "date": "2024-01-19", "close": 13.435033, "volume": 44484700, "typical_volume": 41470120.0, "trend": 12.456007, "fair_value": 9.143874, "relative_strength": 27.37393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.927019, "energy": 60.027262, "activity_lines": [ 13.242712, 12.891185, 12.694127, 12.66252 ] }, { "date": "2024-01-26", "close": 14.176847, "volume": 43164300, "typical_volume": 41481400.0, "trend": 12.561811, "fair_value": 9.181071, "relative_strength": 34.127606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.377549, "energy": 74.982418, "activity_lines": [ 13.605376, 13.174276, 12.832855, 12.773541 ] }, { "date": "2024-02-02", "close": 13.929575, "volume": 44328900, "typical_volume": 42173065.0, "trend": 12.664688, "fair_value": 9.213104, "relative_strength": 28.842879, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.124532, "energy": 71.903484, "activity_lines": [ 13.770223, 13.372092, 12.943548, 12.861784 ] }, { "date": "2024-02-09", "close": 13.929575, "volume": 27751400, "typical_volume": 41689395.0, "trend": 12.762249, "fair_value": 9.247374, "relative_strength": 27.057847, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.122056, "energy": 71.995676, "activity_lines": [ 13.869131, 13.536939, 13.048277, 12.94339 ] }, { "date": "2024-02-16", "close": 14.094421, "volume": 24893100, "typical_volume": 41140530.0, "trend": 12.833414, "fair_value": 9.282254, "relative_strength": 27.353077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.64997, "energy": 74.070628, "activity_lines": [ 13.984524, 13.701786, 13.165019, 13.029336 ] }, { "date": "2024-02-23", "close": 14.588963, "volume": 46256700, "typical_volume": 40828115.0, "trend": 12.929036, "fair_value": 9.32075, "relative_strength": 29.244164, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.64095, "energy": 73.070771, "activity_lines": [ 14.209815, 13.916087, 13.325528, 13.142598 ] }, { "date": "2024-03-01", "close": 15.330775, "volume": 47581500, "typical_volume": 39304760.0, "trend": 13.046727, "fair_value": 9.35774, "relative_strength": 37.115221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.518633, "energy": 82.92807, "activity_lines": [ 14.605448, 14.227798, 13.550999, 13.297549 ] }, { "date": "2024-03-08", "close": 15.671916, "volume": 45903100, "typical_volume": 39903035.0, "trend": 13.173132, "fair_value": 9.39781, "relative_strength": 36.577323, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.885896, "energy": 89.404102, "activity_lines": [ 15.037866, 14.549083, 13.799359, 13.466916 ] }, { "date": "2024-03-15", "close": 15.24835, "volume": 23391300, "typical_volume": 39603515.0, "trend": 13.2615, "fair_value": 9.430693, "relative_strength": 31.486108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.633331, "energy": 85.23312, "activity_lines": [ 15.212939, 14.743694, 13.99274, 13.600801 ] }, { "date": "2024-03-22", "close": 15.163637, "volume": 27174500, "typical_volume": 39227945.0, "trend": 13.323124, "fair_value": 9.463927, "relative_strength": 29.841708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.702456, "energy": 80.190823, "activity_lines": [ 15.271856, 14.888435, 14.16315, 13.723519 ] }, { "date": "2024-03-29", "close": 14.231792, "volume": 29795600, "typical_volume": 36713145.0, "trend": 13.359003, "fair_value": 9.491635, "relative_strength": 21.017957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.069651, "energy": 51.943093, "activity_lines": [ 14.948878, 14.829322, 14.229935, 13.782143 ] }, { "date": "2024-04-05", "close": 13.723516, "volume": 22200200, "typical_volume": 34006935.0, "trend": 13.375281, "fair_value": 9.516979, "relative_strength": 15.834713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.719648, "energy": 26.344526, "activity_lines": [ 14.480285, 14.66331, 14.239011, 13.80566 ] }, { "date": "2024-04-12", "close": 14.147082, "volume": 22021200, "typical_volume": 33393945.0, "trend": 13.424282, "fair_value": 9.545933, "relative_strength": 16.566956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.940871, "energy": 24.639052, "activity_lines": [ 14.260032, 14.582552, 14.280027, 13.855454 ] }, { "date": "2024-04-19", "close": 13.808228, "volume": 9633200, "typical_volume": 32378165.0, "trend": 13.446041, "fair_value": 9.574057, "relative_strength": 18.171208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.925565, "energy": 25.940492, "activity_lines": [ 14.028482, 14.436229, 14.2791, 13.880224 ] }, { "date": "2024-04-26", "close": 14.740071, "volume": 37828200, "typical_volume": 32583675.0, "trend": 13.490889, "fair_value": 9.608155, "relative_strength": 22.342617, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.947187, "energy": 24.460854, "activity_lines": [ 14.203556, 14.461539, 14.359648, 13.96371 ] }, { "date": "2024-05-03", "close": 14.909498, "volume": 36746600, "typical_volume": 33248090.0, "trend": 13.541385, "fair_value": 9.643303, "relative_strength": 21.553498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.930141, "energy": 23.315368, "activity_lines": [ 14.463343, 14.505914, 14.442661, 14.055233 ] }, { "date": "2024-05-10", "close": 15.24835, "volume": 22771000, "typical_volume": 32679630.0, "trend": 13.605833, "fair_value": 9.687596, "relative_strength": 22.88778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.289693, "energy": 38.87592, "activity_lines": [ 14.7909, 14.606071, 14.546606, 14.16536 ] }, { "date": "2024-05-17", "close": 15.417778, "volume": 47811500, "typical_volume": 33127465.0, "trend": 13.699848, "fair_value": 9.730186, "relative_strength": 22.273786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.475317, "energy": 59.39301, "activity_lines": [ 15.073277, 14.738532, 14.653342, 14.28226 ] }, { "date": "2024-05-24", "close": 14.740071, "volume": 14449600, "typical_volume": 32914965.0, "trend": 13.787219, "fair_value": 9.768897, "relative_strength": 17.67751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.120106, "energy": 53.00962, "activity_lines": [ 15.045039, 14.752394, 14.683738, 14.349371 ] }, { "date": "2024-05-31", "close": 14.570647, "volume": 10642600, "typical_volume": 31441460.0, "trend": 13.8716, "fair_value": 9.803732, "relative_strength": 17.134726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.521924, "energy": 42.109263, "activity_lines": [ 14.898203, 14.744693, 14.691392, 14.399915 ] }, { "date": "2024-06-07", "close": 14.570647, "volume": 19984300, "typical_volume": 30216440.0, "trend": 13.948008, "fair_value": 9.839498, "relative_strength": 17.502737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.500736, "energy": 26.514453, "activity_lines": [ 14.762663, 14.747774, 14.692853, 14.445014 ] }, { "date": "2024-06-14", "close": 13.723516, "volume": 38730800, "typical_volume": 29994765.0, "trend": 14.006808, "fair_value": 9.868903, "relative_strength": 12.160587, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.896139, "energy": 11.953562, "activity_lines": [ 14.367335, 14.590669, 14.608227, 14.430531 ] }, { "date": "2024-06-21", "close": 14.994211, "volume": 29823800, "typical_volume": 29269510.0, "trend": 14.10274, "fair_value": 9.907384, "relative_strength": 21.558827, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.037468, "energy": 19.617631, "activity_lines": [ 14.497228, 14.664601, 14.646779, 14.494235 ] }, { "date": "2024-06-28", "close": 14.740071, "volume": 14592600, "typical_volume": 28611570.0, "trend": 14.184706, "fair_value": 9.945629, "relative_strength": 19.026943, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.665496, "energy": 15.162659, "activity_lines": [ 14.570646, 14.676922, 14.656057, 14.535353 ] }, { "date": "2024-07-05", "close": 14.401219, "volume": 18251600, "typical_volume": 28279495.0, "trend": 14.269113, "fair_value": 9.985421, "relative_strength": 14.457061, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.608311, "energy": 8.650906, "activity_lines": [ 14.531113, 14.610692, 14.629204, 14.549321 ] }, { "date": "2024-07-12", "close": 14.062367, "volume": 21062100, "typical_volume": 27019765.0, "trend": 14.320247, "fair_value": 10.018858, "relative_strength": 9.356166, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.0283, "energy": 3.427298, "activity_lines": [ 14.389924, 14.489013, 14.568618, 14.535983 ] }, { "date": "2024-07-19", "close": 13.808228, "volume": 31165900, "typical_volume": 26198985.0, "trend": 14.365656, "fair_value": 10.05206, "relative_strength": 8.021542, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.219706, "energy": 31.547814, "activity_lines": [ 14.197908, 14.33653, 14.486336, 14.502949 ] }, { "date": "2024-07-26", "close": 13.723516, "volume": 26965200, "typical_volume": 25252090.0, "trend": 14.391757, "fair_value": 10.087508, "relative_strength": 7.555494, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.309003, "energy": 47.372534, "activity_lines": [ 13.972007, 14.194828, 14.403237, 14.461521 ] }, { "date": "2024-08-02", "close": 13.29995, "volume": 10173600, "typical_volume": 24591205.0, "trend": 14.390001, "fair_value": 10.120241, "relative_strength": 3.277748, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.265007, "energy": 60.861509, "activity_lines": [ 13.68963, 14.006919, 14.289076, 14.391082 ] }, { "date": "2024-08-09", "close": 12.537533, "volume": 31419500, "typical_volume": 24803455.0, "trend": 14.365579, "fair_value": 10.147157, "relative_strength": -1.812049, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.947859, "energy": 81.486213, "activity_lines": [ 13.249122, 13.706573, 14.111582, 14.271568 ] }, { "date": "2024-08-16", "close": 12.283394, "volume": 30710100, "typical_volume": 24849180.0, "trend": 14.327191, "fair_value": 10.173838, "relative_strength": -4.4519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.925373, "energy": 86.486725, "activity_lines": [ 12.848147, 13.396985, 13.922389, 14.137233 ] }, { "date": "2024-08-23", "close": 12.19868, "volume": 41088000, "typical_volume": 25793570.0, "trend": 14.261253, "fair_value": 10.195792, "relative_strength": -8.827037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.302448, "energy": 88.528662, "activity_lines": [ 12.537533, 13.113581, 13.734407, 13.99991 ] }, { "date": "2024-08-30", "close": 12.876384, "volume": 75010600, "typical_volume": 28443040.0, "trend": 14.226146, "fair_value": 10.223486, "relative_strength": -4.254978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.925012, "energy": 77.976268, "activity_lines": [ 12.560123, 12.981121, 13.618229, 13.910564 ] }, { "date": "2024-09-06", "close": 13.384664, "volume": 26180500, "typical_volume": 29270405.0, "trend": 14.207982, "fair_value": 10.256297, "relative_strength": -5.406667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.603667, "energy": 50.13317, "activity_lines": [ 12.808614, 12.979581, 13.55651, 13.856274 ] }, { "date": "2024-09-13", "close": 13.638803, "volume": 34645000, "typical_volume": 29111245.0, "trend": 14.192795, "fair_value": 10.291667, "relative_strength": -3.643838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.271991, "energy": 32.481348, "activity_lines": [ 13.136172, 13.048892, 13.521011, 13.819553 ] }, { "date": "2024-09-20", "close": 13.892941, "volume": 20577400, "typical_volume": 28302785.0, "trend": 14.169594, "fair_value": 10.32913, "relative_strength": -3.867209, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.792507, "energy": 25.194848, "activity_lines": [ 13.475024, 13.178271, 13.51496, 13.800208 ] }, { "date": "2024-09-27", "close": 13.977654, "volume": 29899900, "typical_volume": 28659230.0, "trend": 14.12449, "fair_value": 10.368066, "relative_strength": -3.278404, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.866296, "energy": 24.847981, "activity_lines": [ 13.73481, 13.326134, 13.521818, 13.787824 ] }, { "date": "2024-10-04", "close": 13.469376, "volume": 31725000, "typical_volume": 27854905.0, "trend": 14.051072, "fair_value": 10.40235, "relative_strength": -6.417387, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.815597, "energy": 23.227009, "activity_lines": [ 13.706573, 13.378502, 13.486319, 13.745559 ] }, { "date": "2024-10-11", "close": 13.215238, "volume": 40091000, "typical_volume": 29136975.0, "trend": 13.983302, "fair_value": 10.435934, "relative_strength": -9.764741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.180756, "energy": 20.496173, "activity_lines": [ 13.554089, 13.389284, 13.435894, 13.691634 ] }, { "date": "2024-10-18", "close": 13.29995, "volume": 23351400, "typical_volume": 29772415.0, "trend": 13.921179, "fair_value": 10.469596, "relative_strength": -10.375386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.165796, "energy": 12.194748, "activity_lines": [ 13.441139, 13.417008, 13.400799, 13.647547 ] }, { "date": "2024-10-25", "close": 13.215238, "volume": 15808700, "typical_volume": 29563635.0, "trend": 13.887294, "fair_value": 10.503645, "relative_strength": -9.392302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.833585, "energy": 24.692375, "activity_lines": [ 13.322541, 13.415468, 13.363687, 13.602002 ] }, { "date": "2024-11-01", "close": 13.215238, "volume": 37099700, "typical_volume": 29482080.0, "trend": 13.870351, "fair_value": 10.540018, "relative_strength": -9.534023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.623402, "energy": 26.519837, "activity_lines": [ 13.249123, 13.396985, 13.333029, 13.558644 ] }, { "date": "2024-11-08", "close": 14.062367, "volume": 26676200, "typical_volume": 29324700.0, "trend": 13.867528, "fair_value": 10.579033, "relative_strength": -3.910753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.263437, "energy": 8.569333, "activity_lines": [ 13.508909, 13.514043, 13.38547, 13.571032 ] }, { "date": "2024-11-15", "close": 12.961099, "volume": 55967000, "typical_volume": 31393420.0, "trend": 13.83929, "fair_value": 10.610988, "relative_strength": -10.174378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.187715, "energy": 21.827603, "activity_lines": [ 13.362074, 13.409307, 13.337466, 13.512553 ] }, { "date": "2024-11-22", "close": 13.049269, "volume": 34995900, "typical_volume": 32230635.0, "trend": 13.78293, "fair_value": 10.646297, "relative_strength": -9.853844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.983628, "energy": 21.842254, "activity_lines": [ 13.26157, 13.328303, 13.306331, 13.461584 ] }, { "date": "2024-11-29", "close": 13.049269, "volume": 26467900, "typical_volume": 32500925.0, "trend": 13.720922, "fair_value": 10.684162, "relative_strength": -8.71194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.124477, "energy": 26.318164, "activity_lines": [ 13.177779, 13.258018, 13.281633, 13.414251 ] }, { "date": "2024-12-06", "close": 13.22561, "volume": 16746100, "typical_volume": 31779935.0, "trend": 13.653498, "fair_value": 10.721996, "relative_strength": -9.124156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.748178, "energy": 33.446561, "activity_lines": [ 13.163833, 13.235135, 13.278554, 13.382295 ] }, { "date": "2024-12-13", "close": 13.049269, "volume": 13419100, "typical_volume": 31102630.0, "trend": 13.574547, "fair_value": 10.759164, "relative_strength": -9.08396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.372598, "energy": 36.668967, "activity_lines": [ 13.090415, 13.193863, 13.261455, 13.343313 ] }, { "date": "2024-12-20", "close": 12.520245, "volume": 15965300, "typical_volume": 31392215.0, "trend": 13.500553, "fair_value": 10.793406, "relative_strength": -8.568974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.742721, "energy": 49.731974, "activity_lines": [ 12.908196, 13.064043, 13.197183, 13.275293 ] }, { "date": "2024-12-27", "close": 12.872928, "volume": 17701000, "typical_volume": 30706290.0, "trend": 13.443962, "fair_value": 10.829444, "relative_strength": -8.442417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.435974, "energy": 39.961427, "activity_lines": [ 12.872928, 13.010983, 13.170214, 13.234801 ] }, { "date": "2025-01-03", "close": 12.872928, "volume": 7488200, "typical_volume": 29545195.0, "trend": 13.387372, "fair_value": 10.861763, "relative_strength": -7.328534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.228493, "energy": 43.049175, "activity_lines": [ 12.849416, 12.965688, 13.141647, 13.19796 ] }, { "date": "2025-01-10", "close": 12.608415, "volume": 15198800, "typical_volume": 28250735.0, "trend": 13.350202, "fair_value": 10.892387, "relative_strength": -8.089873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.571982, "energy": 48.919224, "activity_lines": [ 12.749489, 12.878523, 13.085081, 13.147705 ] }, { "date": "2025-01-17", "close": 11.726708, "volume": 23471000, "typical_volume": 25673755.0, "trend": 13.241285, "fair_value": 10.920148, "relative_strength": -12.609915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.417524, "energy": 67.959052, "activity_lines": [ 12.396806, 12.642081, 12.942592, 13.042963 ] }, { "date": "2025-01-24", "close": 11.462195, "volume": 21840100, "typical_volume": 25456735.0, "trend": 13.132022, "fair_value": 10.947608, "relative_strength": -15.119587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.433735, "energy": 78.919886, "activity_lines": [ 12.044122, 12.400012, 12.780385, 12.928183 ] }, { "date": "2025-01-31", "close": 11.197683, "volume": 19503800, "typical_volume": 24699675.0, "trend": 13.025238, "fair_value": 10.972907, "relative_strength": -14.32687, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.666614, "energy": 85.224435, "activity_lines": [ 11.673805, 12.137103, 12.602142, 12.803387 ] }, { "date": "2025-02-07", "close": 10.933171, "volume": 21272000, "typical_volume": 24734405.0, "trend": 12.920931, "fair_value": 10.99651, "relative_strength": -13.985625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.914478, "energy": 89.836879, "activity_lines": [ 11.327, 11.859765, 12.410332, 12.668415 ] }, { "date": "2025-02-14", "close": 11.109513, "volume": 19433900, "typical_volume": 24211105.0, "trend": 12.830974, "fair_value": 11.01985, "relative_strength": -11.666217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.110924, "energy": 87.960848, "activity_lines": [ 11.168293, 11.652965, 12.24941, 12.551549 ] }, { "date": "2025-02-21", "close": 11.903049, "volume": 30282500, "typical_volume": 24138980.0, "trend": 12.770292, "fair_value": 11.047811, "relative_strength": -3.224204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.038198, "energy": 66.059494, "activity_lines": [ 11.374025, 11.628918, 12.177721, 12.491683 ] }, { "date": "2025-02-28", "close": 11.021341, "volume": 39614500, "typical_volume": 24115155.0, "trend": 12.694338, "fair_value": 11.069656, "relative_strength": -6.856722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.962942, "energy": 56.13788, "activity_lines": [ 11.274098, 11.465402, 12.029518, 12.378848 ] }, { "date": "2025-03-07", "close": 11.553894, "volume": 32662000, "typical_volume": 24580685.0, "trend": 12.66155, "fair_value": 11.094914, "relative_strength": -1.894027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.616081, "energy": 42.709744, "activity_lines": [ 11.381079, 11.425965, 11.942482, 12.305271 ] }, { "date": "2025-03-14", "close": 11.278801, "volume": 19956400, "typical_volume": 24788070.0, "trend": 12.628064, "fair_value": 11.114691, "relative_strength": -1.65451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.82838, "energy": 34.979007, "activity_lines": [ 11.372614, 11.360495, 11.837561, 12.216061 ] }, { "date": "2025-03-21", "close": 11.553894, "volume": 18391200, "typical_volume": 23852645.0, "trend": 12.606571, "fair_value": 11.135766, "relative_strength": -0.102419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.382078, "energy": 33.435243, "activity_lines": [ 11.432806, 11.374025, 11.76806, 12.14676 ] }, { "date": "2025-03-28", "close": 10.636918, "volume": 28378900, "typical_volume": 23937780.0, "trend": 12.531922, "fair_value": 11.150034, "relative_strength": -6.922727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.639999, "energy": 43.582837, "activity_lines": [ 11.157713, 11.240006, 11.61914, 12.019685 ] }, { "date": "2025-04-04", "close": 10.270127, "volume": 35809100, "typical_volume": 22929885.0, "trend": 12.428104, "fair_value": 11.163345, "relative_strength": -5.961787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.129837, "energy": 53.223482, "activity_lines": [ 10.844766, 11.059111, 11.451598, 11.873763 ] }, { "date": "2025-04-11", "close": 10.728616, "volume": 33930100, "typical_volume": 22876595.0, "trend": 12.331098, "fair_value": 11.17913, "relative_strength": -1.942378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.413218, "energy": 49.319808, "activity_lines": [ 10.734729, 10.983253, 11.340537, 11.764119 ] }, { "date": "2025-04-18", "close": 11.278801, "volume": 13734500, "typical_volume": 22239925.0, "trend": 12.24396, "fair_value": 11.196582, "relative_strength": 1.203497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.817183, "energy": 43.185445, "activity_lines": [ 10.863105, 11.015956, 11.292925, 11.696229 ] }, { "date": "2025-04-25", "close": 11.095406, "volume": 21195700, "typical_volume": 22462405.0, "trend": 12.147885, "fair_value": 11.211465, "relative_strength": -0.884475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.317854, "energy": 36.03565, "activity_lines": [ 10.93035, 11.009031, 11.236277, 11.622128 ] }, { "date": "2025-05-02", "close": 11.003708, "volume": 17934700, "typical_volume": 22688185.0, "trend": 12.065696, "fair_value": 11.230512, "relative_strength": -4.657472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.396241, "energy": 24.555463, "activity_lines": [ 10.997595, 10.985689, 11.18104, 11.54831 ] }, { "date": "2025-05-09", "close": 10.545219, "volume": 22528000, "typical_volume": 23016320.0, "trend": 11.976696, "fair_value": 11.254393, "relative_strength": -9.095469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.379585, "energy": 31.341288, "activity_lines": [ 10.887558, 10.895338, 11.091879, 11.450215 ] }, { "date": "2025-05-16", "close": 9.995034, "volume": 19334500, "typical_volume": 23097995.0, "trend": 11.866532, "fair_value": 11.273046, "relative_strength": -12.253431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.867849, "energy": 43.507562, "activity_lines": [ 10.575786, 10.71361, 10.959723, 11.322366 ] }, { "date": "2025-05-23", "close": 9.903337, "volume": 14901000, "typical_volume": 23468635.0, "trend": 11.756135, "fair_value": 11.29014, "relative_strength": -11.196492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.043742, "energy": 65.173447, "activity_lines": [ 10.282353, 10.543553, 10.832539, 11.195708 ] }, { "date": "2025-05-30", "close": 9.353151, "volume": 34613300, "typical_volume": 24439360.0, "trend": 11.627399, "fair_value": 11.304436, "relative_strength": -13.675505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.568732, "energy": 81.430316, "activity_lines": [ 9.897223, 10.29847, 10.667097, 11.040677 ] }, { "date": "2025-06-06", "close": 9.123908, "volume": 35149000, "typical_volume": 25023260.0, "trend": 11.462784, "fair_value": 11.31872, "relative_strength": -14.33909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.459915, "energy": 85.794027, "activity_lines": [ 9.551829, 10.05172, 10.495324, 10.879161 ] }, { "date": "2025-06-13", "close": 9.353151, "volume": 15426700, "typical_volume": 24702590.0, "trend": 11.342519, "fair_value": 11.338359, "relative_strength": -10.714883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.52039, "energy": 82.597996, "activity_lines": [ 9.40817, 9.87416, 10.357777, 10.743056 ] }, { "date": "2025-06-20", "close": 9.03221, "volume": 20966000, "typical_volume": 24775700.0, "trend": 11.208617, "fair_value": 11.356912, "relative_strength": -8.763772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.94011, "energy": 84.370615, "activity_lines": [ 9.237001, 9.65492, 10.199708, 10.594004 ] }, { "date": "2025-06-27", "close": 9.169757, "volume": 19890000, "typical_volume": 24706600.0, "trend": 11.0793, "fair_value": 11.377562, "relative_strength": -8.095145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.559102, "energy": 74.421793, "activity_lines": [ 9.17587, 9.491531, 10.065051, 10.462465 ] }, { "date": "2025-07-04", "close": 9.536547, "volume": 26483800, "typical_volume": 25059095.0, "trend": 10.956331, "fair_value": 11.401534, "relative_strength": -7.144253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.622978, "energy": 53.199114, "activity_lines": [ 9.285907, 9.433179, 9.973722, 10.362932 ] }, { "date": "2025-07-11", "close": 9.536547, "volume": 9135500, "typical_volume": 24001745.0, "trend": 10.83924, "fair_value": 11.427206, "relative_strength": -6.842176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.051344, "energy": 49.027004, "activity_lines": [ 9.383718, 9.403168, 9.889885, 10.271333 ] }, { "date": "2025-07-18", "close": 9.628244, "volume": 49222900, "typical_volume": 24482165.0, "trend": 10.74284, "fair_value": 11.451766, "relative_strength": -12.144031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.186611, "energy": 37.299085, "activity_lines": [ 9.484585, 9.416506, 9.826049, 10.193204 ] }, { "date": "2025-07-25", "close": 9.719942, "volume": 41282100, "typical_volume": 24913170.0, "trend": 10.63774, "fair_value": 11.475457, "relative_strength": -11.607316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.553898, "energy": 27.898886, "activity_lines": [ 9.597679, 9.463189, 9.77758, 10.127211 ] }, { "date": "2025-08-01", "close": 9.995034, "volume": 49720100, "typical_volume": 26401355.0, "trend": 10.541811, "fair_value": 11.499939, "relative_strength": -8.82007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.942981, "energy": 21.522276, "activity_lines": [ 9.756621, 9.56489, 9.764044, 10.085746 ] }, { "date": "2025-08-08", "close": 10.361825, "volume": 51933400, "typical_volume": 28078465.0, "trend": 10.466924, "fair_value": 11.526287, "relative_strength": -8.25095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.434838, "energy": 17.143324, "activity_lines": [ 9.982808, 9.731612, 9.791553, 10.074134 ] }, { "date": "2025-08-15", "close": 10.728616, "volume": 58269500, "typical_volume": 29572995.0, "trend": 10.433655, "fair_value": 11.555472, "relative_strength": -4.844294, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.619006, "energy": 24.135304, "activity_lines": [ 10.276241, 9.946685, 9.859672, 10.091017 ] }, { "date": "2025-08-22", "close": 10.728616, "volume": 46586800, "typical_volume": 30111880.0, "trend": 10.409202, "fair_value": 11.581257, "relative_strength": -4.295243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.629766, "energy": 36.152292, "activity_lines": [ 10.490202, 10.132581, 9.927353, 10.110047 ] }, { "date": "2025-08-29", "close": 10.964583, "volume": 67404200, "typical_volume": 31785585.0, "trend": 10.401432, "fair_value": 11.608068, "relative_strength": -0.733358, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.374087, "energy": 53.723326, "activity_lines": [ 10.709461, 10.336372, 10.015325, 10.145878 ] }, { "date": "2025-09-05", "close": 11.060764, "volume": 29491700, "typical_volume": 32573445.0, "trend": 10.405685, "fair_value": 11.635253, "relative_strength": -1.96143, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.372096, "energy": 64.39261, "activity_lines": [ 10.877804, 10.522516, 10.111332, 10.188416 ] }, { "date": "2025-09-12", "close": 12.118751, "volume": 69623100, "typical_volume": 34994815.0, "trend": 10.439326, "fair_value": 11.667035, "relative_strength": 5.070018, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.218837, "energy": 77.150653, "activity_lines": [ 11.327761, 10.86664, 10.309139, 10.298936 ] }, { "date": "2025-09-19", "close": 12.214931, "volume": 37464700, "typical_volume": 35971315.0, "trend": 10.449722, "fair_value": 11.700161, "relative_strength": 6.005339, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.079413, "energy": 81.109019, "activity_lines": [ 11.692649, 11.181301, 10.511233, 10.413491 ] }, { "date": "2025-09-26", "close": 12.888194, "volume": 50432400, "typical_volume": 37366535.0, "trend": 10.511951, "fair_value": 11.740518, "relative_strength": 12.963691, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.579743, "energy": 95.359949, "activity_lines": [ 12.182871, 11.569676, 10.771679, 10.570812 ] }, { "date": "2025-10-03", "close": 12.792014, "volume": 29711300, "typical_volume": 37885375.0, "trend": 10.553222, "fair_value": 11.777343, "relative_strength": 10.697672, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.29551, "energy": 92.28564, "activity_lines": [ 12.49706, 11.881292, 11.011808, 10.717913 ] }, { "date": "2025-10-10", "close": 12.599653, "volume": 21383900, "typical_volume": 38209520.0, "trend": 10.59725, "fair_value": 11.81075, "relative_strength": 9.406143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.021248, "energy": 87.456012, "activity_lines": [ 12.625301, 12.102078, 11.220298, 10.849941 ] }, { "date": "2025-10-17", "close": 12.214931, "volume": 30916100, "typical_volume": 38024660.0, "trend": 10.619284, "fair_value": 11.840719, "relative_strength": 6.944077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.04012, "energy": 79.534203, "activity_lines": [ 12.522709, 12.205557, 11.379309, 10.954307 ] }, { "date": "2025-10-24", "close": 12.02257, "volume": 29314300, "typical_volume": 37732925.0, "trend": 10.665473, "fair_value": 11.86727, "relative_strength": 2.085259, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.389852, "energy": 57.942863, "activity_lines": [ 12.349584, 12.240369, 11.506372, 11.044842 ] }, { "date": "2025-10-31", "close": 11.830209, "volume": 24382500, "typical_volume": 38180715.0, "trend": 10.717476, "fair_value": 11.892101, "relative_strength": 0.788377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.883624, "energy": 42.953527, "activity_lines": [ 12.125163, 12.21668, 11.601311, 11.119986 ] }, { "date": "2025-11-07", "close": 12.118751, "volume": 24216700, "typical_volume": 38343250.0, "trend": 10.763813, "fair_value": 11.914896, "relative_strength": 3.83559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.419326, "energy": 35.243353, "activity_lines": [ 12.067454, 12.225423, 11.711935, 11.210391 ] }, { "date": "2025-11-14", "close": 12.02257, "volume": 30847200, "typical_volume": 38891110.0, "trend": 10.788606, "fair_value": 11.936103, "relative_strength": 5.631876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.099554, "energy": 30.112049, "activity_lines": [ 12.02257, 12.195695, 11.798702, 11.291601 ] }, { "date": "2025-11-21", "close": 11.830209, "volume": 22270400, "typical_volume": 38680440.0, "trend": 10.813099, "fair_value": 11.954619, "relative_strength": 5.081044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.758544, "energy": 25.616352, "activity_lines": [ 11.952038, 12.113504, 11.853563, 11.358801 ] }, { "date": "2025-11-28", "close": 11.734028, "volume": 16003900, "typical_volume": 39023860.0, "trend": 10.837443, "fair_value": 11.973005, "relative_strength": 3.993093, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.644848, "energy": 22.991816, "activity_lines": [ 11.875093, 12.019072, 11.888342, 11.418216 ] }, { "date": "2025-12-05", "close": 11.926389, "volume": 16742000, "typical_volume": 37399815.0, "trend": 10.883482, "fair_value": 11.992138, "relative_strength": 4.223826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.236654, "energy": 19.15358, "activity_lines": [ 11.881505, 11.968359, 11.930977, 11.488471 ] }, { "date": "2025-12-12", "close": 11.926389, "volume": 13200200, "typical_volume": 35995720.0, "trend": 10.947861, "fair_value": 12.011272, "relative_strength": 5.769055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.053001, "energy": 15.203264, "activity_lines": [ 11.881505, 11.935133, 11.962669, 11.555755 ] }, { "date": "2025-12-19", "close": 12.214931, "volume": 18433700, "typical_volume": 34431400.0, "trend": 11.024914, "fair_value": 12.034683, "relative_strength": 8.358113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.457634, "energy": 26.299251, "activity_lines": [ 11.99051, 11.970108, 12.011333, 11.637501 ] }, { "date": "2025-12-26", "close": 12.792014, "volume": 23375200, "typical_volume": 33003490.0, "trend": 11.139543, "fair_value": 12.061794, "relative_strength": 12.607102, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 73.806419, "energy": 50.494599, "activity_lines": [ 12.279051, 12.117002, 12.104387, 11.751508 ] }, { "date": "2026-01-02", "close": 12.888194, "volume": 8342400, "typical_volume": 30507135.0, "trend": 11.265019, "fair_value": 12.087578, "relative_strength": 13.190264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.820177, "energy": 75.35346, "activity_lines": [ 12.535532, 12.27089, 12.195029, 11.864324 ] }, { "date": "2026-01-09", "close": 13.080556, "volume": 22862300, "typical_volume": 29320910.0, "trend": 11.389266, "fair_value": 12.113138, "relative_strength": 15.093678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.248933, "energy": 81.917848, "activity_lines": [ 12.77919, 12.444015, 12.293707, 11.981456 ] }, { "date": "2026-01-16", "close": 13.080556, "volume": 17829700, "typical_volume": 26842185.0, "trend": 11.524211, "fair_value": 12.141127, "relative_strength": 12.79213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.334435, "energy": 82.581159, "activity_lines": [ 12.945903, 12.594407, 12.381186, 12.090571 ] }, { "date": "2026-01-23", "close": 13.176736, "volume": 33291200, "typical_volume": 27032160.0, "trend": 11.657776, "fair_value": 12.16779, "relative_strength": 9.905638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.290291, "energy": 80.508042, "activity_lines": [ 13.067732, 12.744798, 12.467748, 12.197186 ] }, { "date": "2026-01-30", "close": 13.369097, "volume": 12336400, "typical_volume": 24167825.0, "trend": 11.785528, "fair_value": 12.192771, "relative_strength": 10.201467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.762951, "energy": 77.296242, "activity_lines": [ 13.18956, 12.909179, 12.562555, 12.307593 ] }, { "date": "2026-02-06", "close": 13.272917, "volume": 17790400, "typical_volume": 23184110.0, "trend": 11.910074, "fair_value": 12.218107, "relative_strength": 6.828413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.403187, "energy": 65.177259, "activity_lines": [ 13.240857, 13.028094, 12.642247, 12.403554 ] }, { "date": "2026-02-13", "close": 13.85, "volume": 33678300, "typical_volume": 22346405.0, "trend": 12.050799, "fair_value": 12.247142, "relative_strength": 5.309682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.792926, "energy": 76.273817, "activity_lines": [ 13.458866, 13.223952, 12.771862, 12.52871 ] }, { "date": "2026-02-20", "close": 14.427084, "volume": 27319800, "typical_volume": 22226830.0, "trend": 12.207704, "fair_value": 12.279391, "relative_strength": 5.998747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.804154, "energy": 89.699479, "activity_lines": [ 13.81794, 13.48976, 12.951857, 12.682019 ] }, { "date": "2026-02-27", "close": 14.234723, "volume": 39663000, "typical_volume": 23140785.0, "trend": 12.349027, "fair_value": 12.310407, "relative_strength": 1.229446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.683883, "energy": 84.905214, "activity_lines": [ 14.023125, 13.675127, 13.105746, 12.812795 ] }, { "date": "2026-03-06", "close": 13.56146, "volume": 56088200, "typical_volume": 24399390.0, "trend": 12.455681, "fair_value": 12.334678, "relative_strength": 4.502157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.643934, "energy": 58.82304, "activity_lines": [ 13.933357, 13.701358, 13.187729, 12.891016 ] }, { "date": "2026-03-13", "close": 13.6, "volume": 41003200, "typical_volume": 24983835.0, "trend": 12.551394, "fair_value": 12.35871, "relative_strength": 4.866063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.647611, "energy": 50.474759, "activity_lines": [ 13.843612, 13.720607, 13.26697, 12.964843 ] }, { "date": "2026-03-20", "close": 12.6, "volume": 51096800, "typical_volume": 26319550.0, "trend": 12.613773, "fair_value": 12.374875, "relative_strength": -4.25855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.043211, "energy": 18.897558, "activity_lines": [ 13.398727, 13.545095, 13.243461, 12.967979 ] }, { "date": "2026-03-27", "close": 12.0, "volume": 52011500, "typical_volume": 27709290.0, "trend": 12.648287, "fair_value": 12.387194, "relative_strength": -9.560364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.434848, "energy": 19.365199, "activity_lines": [ 12.837176, 13.26923, 13.159144, 12.928381 ] }, { "date": "2026-04-03", "close": 13.0, "volume": 49542000, "typical_volume": 28644030.0, "trend": 12.712929, "fair_value": 12.410781, "relative_strength": -2.453899, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.29035, "energy": 24.521321, "activity_lines": [ 12.770764, 13.19483, 13.17063, 12.951072 ] }, { "date": "2026-04-10", "close": 12.8, "volume": 24675500, "typical_volume": 28764285.0, "trend": 12.735637, "fair_value": 12.431142, "relative_strength": -7.125598, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.517362, "energy": 25.032594, "activity_lines": [ 12.72, 13.087279, 13.158415, 12.956689 ] }, { "date": "2026-04-17", "close": 12.9, "volume": 6764700, "typical_volume": 28302325.0, "trend": 12.758472, "fair_value": 12.452145, "relative_strength": -4.639964, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.313718, "energy": 20.472328, "activity_lines": [ 12.753333, 13.008258, 13.151105, 12.967293 ] }, { "date": "2026-04-24", "close": 12.3, "volume": 22946100, "typical_volume": 28612530.0, "trend": 12.738866, "fair_value": 12.469301, "relative_strength": -7.209722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.145094, "energy": 19.848925, "activity_lines": [ 12.633333, 12.826926, 13.0811, 12.937715 ] }, { "date": "2026-05-01", "close": 12.5, "volume": 20323300, "typical_volume": 28968685.0, "trend": 12.729132, "fair_value": 12.490654, "relative_strength": -7.916681, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.522174, "energy": 19.120278, "activity_lines": [ 12.6, 12.710139, 13.028363, 12.922304 ] }, { "date": "2026-05-08", "close": 12.7, "volume": 19433200, "typical_volume": 29018660.0, "trend": 12.732477, "fair_value": 12.508178, "relative_strength": -6.811218, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.659821, "energy": 15.587458, "activity_lines": [ 12.6, 12.664754, 12.991943, 12.920424 ] }, { "date": "2026-05-15", "close": 12.7, "volume": 26796100, "typical_volume": 29189705.0, "trend": 12.748646, "fair_value": 12.519058, "relative_strength": -7.892626, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.477961, "energy": 15.103089, "activity_lines": [ 12.62, 12.647273, 12.953213, 12.918329 ] }, { "date": "2026-05-22", "close": 12.8, "volume": 30770700, "typical_volume": 30311120.0, "trend": 12.77456, "fair_value": 12.525979, "relative_strength": -8.398131, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.727297, "energy": 6.186621, "activity_lines": [ 12.68, 12.663636, 12.924445, 12.921642 ] }, { "date": "2026-05-29", "close": 12.9, "volume": 25882300, "typical_volume": 30462120.0, "trend": 12.81022, "fair_value": 12.535075, "relative_strength": -9.447206, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.500783, "energy": 5.637895, "activity_lines": [ 12.78, 12.712727, 12.90562, 12.929735 ] }, { "date": "2026-06-05", "close": 13.0, "volume": 6927800, "typical_volume": 29917025.0, "trend": 12.839595, "fair_value": 12.540723, "relative_strength": -9.601318, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.280255, "energy": 6.441316, "activity_lines": [ 12.873333, 12.774545, 12.897179, 12.941979 ] }, { "date": "2026-06-12", "close": 13.0, "volume": 1772600, "typical_volume": 28341095.0, "trend": 12.872176, "fair_value": 12.550459, "relative_strength": -10.126415, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.084981, "energy": 10.066801, "activity_lines": [ 12.933333, 12.818182, 12.889122, 12.952328 ] }, { "date": "2026-06-19", "close": 13.3, "volume": 4163800, "typical_volume": 27932465.0, "trend": 12.921169, "fair_value": 12.563652, "relative_strength": -6.887794, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.834647, "energy": 23.036315, "activity_lines": [ 13.073333, 12.916364, 12.910478, 12.979929 ] }, { "date": "2026-06-26", "close": 13.7, "volume": 1888400, "typical_volume": 27137365.0, "trend": 12.986702, "fair_value": 12.580942, "relative_strength": -2.296912, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 44.783039, "energy": 49.540492, "activity_lines": [ 13.306667, 13.078182, 12.970258, 13.030176 ] }, { "date": "2026-07-03", "close": 14.2, "volume": 11068800, "typical_volume": 26006890.0, "trend": 13.062489, "fair_value": 12.60246, "relative_strength": -3.124978, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.920666, "energy": 78.637751, "activity_lines": [ 13.646667, 13.316364, 13.075623, 13.108454 ] }, { "date": "2026-07-10", "close": 14.4, "volume": 41273900, "typical_volume": 26704595.0, "trend": 13.144942, "fair_value": 12.624237, "relative_strength": -2.459894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.601626, "energy": 88.737976, "activity_lines": [ 13.966667, 13.556364, 13.19837, 13.194745 ] }, { "date": "2026-07-17", "close": 14.8, "volume": 34978800, "typical_volume": 26470385.0, "trend": 13.231111, "fair_value": 12.642445, "relative_strength": -1.039657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.908653, "energy": 93.867073, "activity_lines": [ 14.326667, 13.834545, 13.35934, 13.301523 ] }, { "date": "2026-07-24", "close": 14.7, "volume": 25103300, "typical_volume": 24921140.0, "trend": 13.294711, "fair_value": 12.661546, "relative_strength": -2.184342, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.022288, "energy": 91.508786, "activity_lines": [ 14.533333, 14.056364, 13.508095, 13.39629 ] }, { "date": "2026-07-31", "close": 14.8, "volume": 15347100, "typical_volume": 23638335.0, "trend": 13.358438, "fair_value": 12.680776, "relative_strength": -0.595652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.659907, "energy": 90.372953, "activity_lines": [ 14.68, 14.26, 13.660952, 13.493405 ] }, { "date": "2026-08-07", "close": 15.0, "volume": 26400700, "typical_volume": 22403530.0, "trend": 13.422419, "fair_value": 12.700778, "relative_strength": 1.204196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.949024, "energy": 91.157307, "activity_lines": [ 14.82, 14.463636, 13.827143, 13.599312 ] } ], "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." } } }