{ "ticker": { "uuid": "d3936729-7752-4343-81d7-1b312f526947", "symbol": "6882", "name": "Reallusion Inc.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -34.305, "architecture_energy": 59.125, "architecture_maturity": 19.007, "architecture_confidence": 84.435, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 16.9, "rotation_up": 14.61, "upward_expansion": 27.11, "deceleration": 49.3, "rotation_down": 74.67, "downward_expansion": 59.11 }, "activity_lines": [ 14.783333, 15.763636, 17.057381, 17.020108 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 14.25, "trend_reference": 17.016667, "distance_from_trend": -0.162586, "trend_direction": "Improving", "fair_value": 23.0964, "distance_from_fair_value": -0.383021, "fair_value_direction": "Weakening", "relative_strength": -38.691373, "relative_strength_direction": "Weakening", "price_momentum": -0.181034, "excess_performance": -0.622407, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.162586, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.030688, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.383021, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.194749, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.386914, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.2267, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.181034, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.388544, "read": "Supply-led" } ], "volume": { "latest": 97867, "relative_activity": 0.151225, "balance": 0.388544, "dry_up": 0.191274, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.151147, "annualized_volatility": 0.78159, "from_high_reference": -0.451923, "from_low_reference": 0.307339 }, "levels": { "trend_reference": 17.016667, "fair_value_reference": 23.0964, "structural_low": 12.4, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-10", "end": "2024-05-31", "tenure": "Extended", "return": -0.20398, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-07", "end": "2024-08-16", "tenure": "Developing", "return": -0.151706, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-23", "end": "2025-07-18", "tenure": "Extended", "return": -0.337086, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-11-14", "tenure": "Established", "return": -0.238889, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-01-16", "tenure": "Developing", "return": 0.264228, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": 0.058496, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": -0.048851, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.189602, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.532567, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.010989, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-06-26", "tenure": "Developing", "return": -0.101942, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.16, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": -0.040404, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 42.837296, "volume": 28859, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 40.709309, "volume": 43392, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 39.599056, "volume": 21290, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 38.118717, "volume": 34474, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 38.720104, "volume": 29180, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 38.858887, "volume": 50000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 38.535061, "volume": 132522, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 36.915943, "volume": 58330, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 35.296822, "volume": 85688, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 34.279087, "volume": 52103, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 33.770222, "volume": 72425, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 32.659966, "volume": 459672, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 32.382404, "volume": 29813, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 37.193508, "volume": 106679, "typical_volume": 100156.05, "trend": 40.566479, "fair_value": 38.236542, "relative_strength": -4.252778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.657315, "energy": 60.876296, "activity_lines": [ 34.353106, 34.962063, 37.259591, 39.187382 ] }, { "date": "2023-11-17", "close": 39.599056, "volume": 54604, "typical_volume": 96040.9, "trend": 40.576996, "fair_value": 38.253363, "relative_strength": -1.094865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.243615, "energy": 36.552945, "activity_lines": [ 36.200445, 35.641673, 37.248357, 39.124967 ] }, { "date": "2023-11-24", "close": 38.858887, "volume": 27380, "typical_volume": 94744.25, "trend": 40.606043, "fair_value": 38.260748, "relative_strength": -3.417448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.175037, "energy": 29.748717, "activity_lines": [ 37.446397, 36.170726, 37.200554, 39.014122 ] }, { "date": "2023-12-01", "close": 37.424809, "volume": 26018, "typical_volume": 86224.75, "trend": 40.597715, "fair_value": 38.250676, "relative_strength": -7.75157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.831464, "energy": 33.169503, "activity_lines": [ 37.875079, 36.439038, 37.050538, 38.808881 ] }, { "date": "2023-12-08", "close": 36.222034, "volume": 63863, "typical_volume": 79112.45, "trend": 40.57462, "fair_value": 38.226526, "relative_strength": -10.381772, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.455897, "energy": 28.104602, "activity_lines": [ 37.585179, 36.508849, 36.825183, 38.526579 ] }, { "date": "2023-12-15", "close": 36.083252, "volume": 29636, "typical_volume": 76109.05, "trend": 40.543919, "fair_value": 38.201311, "relative_strength": -12.060698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.791418, "energy": 19.076799, "activity_lines": [ 36.993044, 36.566044, 36.635735, 38.236813 ] }, { "date": "2023-12-22", "close": 37.147243, "volume": 52965, "typical_volume": 72944.65, "trend": 40.483138, "fair_value": 38.189054, "relative_strength": -9.105616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.406372, "energy": 17.110115, "activity_lines": [ 36.829589, 36.802393, 36.596964, 38.017672 ] }, { "date": "2023-12-29", "close": 37.286022, "volume": 9714, "typical_volume": 71987.4, "trend": 40.203527, "fair_value": 38.178674, "relative_strength": -10.440949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.704987, "energy": 20.516136, "activity_lines": [ 36.875848, 37.011827, 36.599387, 37.811407 ] }, { "date": "2024-01-05", "close": 36.268295, "volume": 16275, "typical_volume": 70631.55, "trend": 39.685408, "fair_value": 38.156965, "relative_strength": -10.821842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.745861, "energy": 20.515258, "activity_lines": [ 36.687722, 36.972295, 36.531318, 37.557521 ] }, { "date": "2024-01-12", "close": 33.261356, "volume": 51877, "typical_volume": 72160.9, "trend": 39.19042, "fair_value": 38.101959, "relative_strength": -18.061089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.817664, "energy": 32.247511, "activity_lines": [ 35.574384, 36.320442, 36.198021, 37.143066 ] }, { "date": "2024-01-19", "close": 32.567448, "volume": 25748, "typical_volume": 71724.6, "trend": 38.635293, "fair_value": 38.040464, "relative_strength": -20.438353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.214373, "energy": 53.292606, "activity_lines": [ 34.427122, 35.526442, 35.828818, 36.715778 ] }, { "date": "2024-01-26", "close": 32.845013, "volume": 32675, "typical_volume": 71899.35, "trend": 38.172687, "fair_value": 37.983371, "relative_strength": -21.099113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.391557, "energy": 65.606969, "activity_lines": [ 33.606769, 34.867019, 35.512484, 36.342211 ] }, { "date": "2024-02-02", "close": 31.966057, "volume": 79766, "typical_volume": 73387.65, "trend": 37.702371, "fair_value": 37.917966, "relative_strength": -23.365974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.358616, "energy": 70.473191, "activity_lines": [ 32.780246, 34.170586, 35.140417, 35.941783 ] }, { "date": "2024-02-09", "close": 32.983795, "volume": 1230, "typical_volume": 66823.05, "trend": 37.279858, "fair_value": 37.86491, "relative_strength": -20.983459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.096649, "energy": 70.416971, "activity_lines": [ 32.647633, 33.784521, 34.898099, 35.637359 ] }, { "date": "2024-02-16", "close": 35.019257, "volume": 42438, "typical_volume": 66028.45, "trend": 36.895895, "fair_value": 37.834637, "relative_strength": -18.299649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.635925, "energy": 47.130976, "activity_lines": [ 33.412474, 33.849286, 34.876071, 35.491514 ] }, { "date": "2024-02-23", "close": 30.161896, "volume": 136977, "typical_volume": 68592.9, "trend": 36.353105, "fair_value": 37.753871, "relative_strength": -30.459569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.014161, "energy": 51.227054, "activity_lines": [ 32.441001, 33.052763, 34.400468, 35.057062 ] }, { "date": "2024-03-01", "close": 30.20816, "volume": 74031, "typical_volume": 69689.3, "trend": 35.925965, "fair_value": 37.67527, "relative_strength": -30.289368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.032162, "energy": 56.92814, "activity_lines": [ 31.64532, 32.372312, 33.953723, 34.660614 ] }, { "date": "2024-03-08", "close": 29.144163, "volume": 73534, "typical_volume": 69744.75, "trend": 35.469528, "fair_value": 37.587321, "relative_strength": -35.096266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.38681, "energy": 70.54024, "activity_lines": [ 30.670763, 31.624573, 33.42503, 34.223079 ] }, { "date": "2024-03-15", "close": 27.756348, "volume": 215130, "typical_volume": 57517.65, "trend": 35.037762, "fair_value": 37.487005, "relative_strength": -37.336693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.381553, "energy": 85.390471, "activity_lines": [ 29.421728, 30.772537, 32.786194, 33.725454 ] }, { "date": "2024-03-22", "close": 28.589037, "volume": 50478, "typical_volume": 58550.9, "trend": 34.670762, "fair_value": 37.397126, "relative_strength": -36.691729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.617725, "energy": 82.24639, "activity_lines": [ 28.798752, 30.226662, 32.250012, 33.309407 ] }, { "date": "2024-03-29", "close": 28.172691, "volume": 106288, "typical_volume": 58531.35, "trend": 34.339227, "fair_value": 37.304882, "relative_strength": -37.259363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.210841, "energy": 79.242865, "activity_lines": [ 28.465676, 29.690039, 31.692241, 32.890177 ] }, { "date": "2024-04-05", "close": 27.756348, "volume": 32246, "typical_volume": 57413.45, "trend": 33.973769, "fair_value": 37.210342, "relative_strength": -37.829153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.922504, "energy": 73.869933, "activity_lines": [ 28.126432, 29.157622, 31.137775, 32.465475 ] }, { "date": "2024-04-12", "close": 29.60677, "volume": 238324, "typical_volume": 67960.65, "trend": 33.665365, "fair_value": 37.135797, "relative_strength": -34.431601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.558285, "energy": 50.321682, "activity_lines": [ 28.567449, 29.054167, 30.815934, 32.183733 ] }, { "date": "2024-04-19", "close": 27.895128, "volume": 84765, "typical_volume": 70898.0, "trend": 33.310701, "fair_value": 37.046082, "relative_strength": -33.758776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.877869, "energy": 48.252147, "activity_lines": [ 28.407079, 28.6824, 30.375136, 31.81146 ] }, { "date": "2024-04-26", "close": 29.560509, "volume": 222666, "typical_volume": 78838.15, "trend": 33.065519, "fair_value": 36.974105, "relative_strength": -31.280375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.34327, "energy": 34.948714, "activity_lines": [ 28.792584, 28.70595, 30.138326, 31.569512 ] }, { "date": "2024-05-03", "close": 30.531981, "volume": 63356, "typical_volume": 80524.15, "trend": 32.906691, "fair_value": 36.912752, "relative_strength": -29.175245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.169698, "energy": 25.377615, "activity_lines": [ 29.437148, 29.005382, 30.025759, 31.406058 ] }, { "date": "2024-05-10", "close": 28.959122, "volume": 139618, "typical_volume": 84856.8, "trend": 32.729359, "fair_value": 36.837717, "relative_strength": -33.458518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.749996, "energy": 24.786745, "activity_lines": [ 29.400139, 29.012111, 29.78983, 31.151376 ] }, { "date": "2024-05-17", "close": 29.421726, "volume": 37738, "typical_volume": 86258.0, "trend": 32.584409, "fair_value": 36.768409, "relative_strength": -33.594268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.066769, "energy": 18.86846, "activity_lines": [ 29.437147, 29.12566, 29.636949, 30.93798 ] }, { "date": "2024-05-24", "close": 29.329206, "volume": 66865, "typical_volume": 88787.5, "trend": 32.473384, "fair_value": 36.699528, "relative_strength": -34.136643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.516027, "energy": 18.691452, "activity_lines": [ 29.455651, 29.21734, 29.512707, 30.727967 ] }, { "date": "2024-05-31", "close": 29.60677, "volume": 174747, "typical_volume": 94931.0, "trend": 32.380863, "fair_value": 36.634456, "relative_strength": -31.432324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.963641, "energy": 19.272733, "activity_lines": [ 29.471072, 29.330888, 29.447942, 30.543024 ] }, { "date": "2024-06-07", "close": 29.976856, "volume": 104686, "typical_volume": 98877.9, "trend": 32.140308, "fair_value": 36.573933, "relative_strength": -31.654532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.460932, "energy": 12.391436, "activity_lines": [ 29.60677, 29.493221, 29.435826, 30.387927 ] }, { "date": "2024-06-14", "close": 29.60677, "volume": 71011, "typical_volume": 100794.7, "trend": 31.807232, "fair_value": 36.511165, "relative_strength": -33.501922, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.403293, "energy": 11.586671, "activity_lines": [ 29.656115, 29.555463, 29.4008, 30.224473 ] }, { "date": "2024-06-21", "close": 30.573248, "volume": 116019, "typical_volume": 102607.35, "trend": 31.531044, "fair_value": 36.458148, "relative_strength": -32.527741, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.02437, "energy": 7.877248, "activity_lines": [ 29.984442, 29.759783, 29.47324, 30.144861 ] }, { "date": "2024-06-28", "close": 29.796785, "volume": 78013, "typical_volume": 106446.5, "trend": 31.276776, "fair_value": 36.399198, "relative_strength": -32.633684, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.765215, "energy": 9.033831, "activity_lines": [ 29.977181, 29.805357, 29.478363, 30.032974 ] }, { "date": "2024-07-05", "close": 29.11738, "volume": 205387, "typical_volume": 114593.95, "trend": 31.039954, "fair_value": 36.335323, "relative_strength": -34.634262, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.128903, "energy": 9.647342, "activity_lines": [ 29.712279, 29.692826, 29.433958, 29.893658 ] }, { "date": "2024-07-12", "close": 29.11738, "volume": 127143, "typical_volume": 114102.25, "trend": 30.807759, "fair_value": 36.272558, "relative_strength": -34.672834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.174435, "energy": 15.089215, "activity_lines": [ 29.480003, 29.588353, 29.417656, 29.769621 ] }, { "date": "2024-07-19", "close": 28.535032, "volume": 257943, "typical_volume": 123297.85, "trend": 30.520685, "fair_value": 36.205855, "relative_strength": -32.004657, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.504244, "energy": 23.397267, "activity_lines": [ 29.110909, 29.403718, 29.350867, 29.622993 ] }, { "date": "2024-07-26", "close": 30.767365, "volume": 2191175, "typical_volume": 229179.9, "trend": 30.303396, "fair_value": 36.159372, "relative_strength": -23.156506, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.941708, "energy": 10.052528, "activity_lines": [ 29.557376, 29.632672, 29.504648, 29.638908 ] }, { "date": "2024-08-02", "close": 30.524721, "volume": 1317614, "typical_volume": 284304.1, "trend": 30.111944, "fair_value": 36.111621, "relative_strength": -21.108976, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.008824, "energy": 5.856741, "activity_lines": [ 29.91002, 29.793044, 29.627591, 29.653187 ] }, { "date": "2024-08-09", "close": 25.332121, "volume": 809069, "typical_volume": 322233.65, "trend": 29.847636, "fair_value": 36.021037, "relative_strength": -33.00457, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.656333, "energy": 36.543977, "activity_lines": [ 28.483269, 28.987569, 29.242818, 29.344811 ] }, { "date": "2024-08-16", "close": 25.429178, "volume": 265641, "typical_volume": 330201.3, "trend": 29.609694, "fair_value": 35.932771, "relative_strength": -34.432339, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.799218, "energy": 48.795161, "activity_lines": [ 27.34122, 28.277462, 28.882797, 29.059749 ] }, { "date": "2024-08-23", "close": 25.040945, "volume": 167701, "typical_volume": 336974.05, "trend": 29.349558, "fair_value": 35.842756, "relative_strength": -33.944484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.685922, "energy": 62.380199, "activity_lines": [ 26.31564, 27.579453, 28.498866, 28.764991 ] }, { "date": "2024-08-30", "close": 26.496815, "volume": 344009, "typical_volume": 342258.3, "trend": 29.16725, "fair_value": 35.76615, "relative_strength": -29.578543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.574246, "energy": 59.594537, "activity_lines": [ 26.00829, 27.229162, 28.26652, 28.580944 ] }, { "date": "2024-09-06", "close": 24.895359, "volume": 126519, "typical_volume": 344346.0, "trend": 28.897636, "fair_value": 35.67777, "relative_strength": -30.33257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.75046, "energy": 58.847879, "activity_lines": [ 25.451824, 26.661814, 27.896464, 28.305338 ] }, { "date": "2024-09-13", "close": 24.749773, "volume": 138288, "typical_volume": 340127.1, "trend": 28.555319, "fair_value": 35.589641, "relative_strength": -30.848124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.573796, "energy": 48.535971, "activity_lines": [ 25.222121, 26.157113, 27.526826, 28.037734 ] }, { "date": "2024-09-20", "close": 23.293903, "volume": 84409, "typical_volume": 341179.75, "trend": 28.326386, "fair_value": 35.491275, "relative_strength": -35.098664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.297218, "energy": 46.96661, "activity_lines": [ 24.545951, 25.467119, 27.041443, 27.698287 ] }, { "date": "2024-09-27", "close": 22.420383, "volume": 184738, "typical_volume": 343435.75, "trend": 28.066794, "fair_value": 35.387538, "relative_strength": -38.41589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.285891, "energy": 55.99422, "activity_lines": [ 23.720959, 24.724185, 26.507335, 27.317255 ] }, { "date": "2024-10-04", "close": 22.808615, "volume": 177903, "typical_volume": 350444.0, "trend": 27.855609, "fair_value": 35.288491, "relative_strength": -35.015925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.11411, "energy": 55.566148, "activity_lines": [ 23.200081, 24.163013, 26.041337, 26.978018 ] }, { "date": "2024-10-11", "close": 21.935093, "volume": 83389, "typical_volume": 351270.2, "trend": 27.661567, "fair_value": 35.184168, "relative_strength": -38.321505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.357467, "energy": 61.863148, "activity_lines": [ 22.63391, 23.587725, 25.523639, 26.596049 ] }, { "date": "2024-10-18", "close": 21.401274, "volume": 64351, "typical_volume": 345750.4, "trend": 27.421975, "fair_value": 35.077324, "relative_strength": -40.480597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.363611, "energy": 60.693958, "activity_lines": [ 22.08715, 23.071553, 24.99031, 26.192159 ] }, { "date": "2024-10-25", "close": 21.255688, "volume": 58440, "typical_volume": 343438.1, "trend": 27.191408, "fair_value": 34.971003, "relative_strength": -39.690173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.919719, "energy": 67.032432, "activity_lines": [ 21.715095, 22.600381, 24.48219, 25.794334 ] }, { "date": "2024-11-01", "close": 21.1101, "volume": 46350, "typical_volume": 342205.05, "trend": 26.969867, "fair_value": 34.865195, "relative_strength": -37.788531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.520025, "energy": 68.532132, "activity_lines": [ 21.430392, 22.17862, 24.001733, 25.401992 ] }, { "date": "2024-11-08", "close": 23.293903, "volume": 455218, "typical_volume": 359165.0, "trend": 26.759438, "fair_value": 34.777534, "relative_strength": -32.527528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.488006, "energy": 48.448097, "activity_lines": [ 21.960975, 22.225384, 23.769719, 25.164833 ] }, { "date": "2024-11-15", "close": 20.915983, "volume": 102110, "typical_volume": 360369.85, "trend": 26.526799, "fair_value": 34.673311, "relative_strength": -36.096382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.668782, "energy": 46.944906, "activity_lines": [ 21.666565, 21.898034, 23.345899, 24.787836 ] }, { "date": "2024-11-22", "close": 20.721869, "volume": 77496, "typical_volume": 353975.3, "trend": 26.232178, "fair_value": 34.569196, "relative_strength": -35.98715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.022245, "energy": 45.747113, "activity_lines": [ 21.375392, 21.607743, 22.945882, 24.413324 ] }, { "date": "2024-11-29", "close": 21.207159, "volume": 103019, "typical_volume": 352769.1, "trend": 25.921351, "fair_value": 34.470218, "relative_strength": -31.486679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.018489, "energy": 42.574525, "activity_lines": [ 21.291275, 21.47892, 22.632061, 24.089129 ] }, { "date": "2024-12-06", "close": 20.770397, "volume": 77763, "typical_volume": 343760.1, "trend": 25.648393, "fair_value": 34.369484, "relative_strength": -34.514467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.866789, "energy": 48.473778, "activity_lines": [ 21.064806, 21.308628, 22.314312, 23.756809 ] }, { "date": "2024-12-13", "close": 18.73218, "volume": 236624, "typical_volume": 246032.55, "trend": 25.292075, "fair_value": 34.255343, "relative_strength": -39.45183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.168499, "energy": 66.156446, "activity_lines": [ 20.181579, 20.79775, 21.839421, 23.310602 ] }, { "date": "2024-12-20", "close": 17.85866, "volume": 131301, "typical_volume": 186716.9, "trend": 24.909723, "fair_value": 34.136527, "relative_strength": -39.83241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.838148, "energy": 77.272003, "activity_lines": [ 19.311293, 20.202167, 21.338648, 22.831027 ] }, { "date": "2024-12-27", "close": 19.363058, "volume": 116388, "typical_volume": 152082.85, "trend": 24.568266, "fair_value": 34.030243, "relative_strength": -35.740069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.919991, "energy": 67.722316, "activity_lines": [ 19.146295, 19.954228, 21.041466, 22.473178 ] }, { "date": "2025-01-03", "close": 19.799818, "volume": 262050, "typical_volume": 151903.3, "trend": 24.229032, "fair_value": 33.928597, "relative_strength": -32.019053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.546721, "energy": 57.560564, "activity_lines": [ 19.217471, 19.822759, 20.814305, 22.165536 ] }, { "date": "2025-01-10", "close": 20.576283, "volume": 364693, "typical_volume": 161752.9, "trend": 23.928016, "fair_value": 33.8339, "relative_strength": -28.585354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.820949, "energy": 40.666918, "activity_lines": [ 19.641291, 19.858936, 20.687898, 21.929875 ] }, { "date": "2025-01-17", "close": 20.867456, "volume": 246723, "typical_volume": 156888.6, "trend": 23.604489, "fair_value": 33.742587, "relative_strength": -26.945779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.060003, "energy": 24.112406, "activity_lines": [ 20.175109, 19.957758, 20.610483, 21.732419 ] }, { "date": "2025-01-24", "close": 19.363058, "volume": 180320, "typical_volume": 159578.65, "trend": 23.256698, "fair_value": 33.64203, "relative_strength": -32.241493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.014672, "energy": 23.049396, "activity_lines": [ 20.06511, 19.827171, 20.416598, 21.458778 ] }, { "date": "2025-02-07", "close": 20.090992, "volume": 265949, "typical_volume": 165961.7, "trend": 22.955819, "fair_value": 33.547926, "relative_strength": -28.51837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.348151, "energy": 18.169712, "activity_lines": [ 20.097463, 19.857171, 20.318385, 21.254539 ] }, { "date": "2025-02-14", "close": 18.974825, "volume": 222100, "typical_volume": 172846.25, "trend": 22.617734, "fair_value": 33.447422, "relative_strength": -30.418705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.38804, "energy": 25.675849, "activity_lines": [ 19.709231, 19.695702, 20.136055, 20.997701 ] }, { "date": "2025-02-21", "close": 19.508644, "volume": 99797, "typical_volume": 168599.2, "trend": 22.316854, "fair_value": 33.351951, "relative_strength": -28.973414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.292062, "energy": 30.378892, "activity_lines": [ 19.553938, 19.671878, 20.025131, 20.797115 ] }, { "date": "2025-02-28", "close": 19.411587, "volume": 203654, "typical_volume": 169886.75, "trend": 21.938328, "fair_value": 33.257118, "relative_strength": -26.327262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.432946, "energy": 29.238478, "activity_lines": [ 19.437469, 19.653349, 19.91883, 20.609678 ] }, { "date": "2025-03-07", "close": 19.21747, "volume": 177103, "typical_volume": 174572.45, "trend": 21.56142, "fair_value": 33.162256, "relative_strength": -24.57839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.277551, "energy": 31.084684, "activity_lines": [ 19.353351, 19.587173, 19.810217, 20.434139 ] }, { "date": "2025-03-14", "close": 18.683653, "volume": 162968, "typical_volume": 179503.3, "trend": 21.339804, "fair_value": 33.065084, "relative_strength": -23.836046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.523096, "energy": 31.840831, "activity_lines": [ 19.101001, 19.399234, 19.663706, 20.248476 ] }, { "date": "2025-03-21", "close": 19.363058, "volume": 155825, "typical_volume": 184372.55, "trend": 21.1376, "fair_value": 32.973737, "relative_strength": -21.192513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.807976, "energy": 28.346624, "activity_lines": [ 19.168942, 19.347175, 19.594841, 20.120944 ] }, { "date": "2025-03-28", "close": 17.082197, "volume": 501031, "typical_volume": 207106.6, "trend": 20.872308, "fair_value": 32.868495, "relative_strength": -27.742665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.79637, "energy": 43.570603, "activity_lines": [ 18.450714, 18.888356, 19.317764, 19.859305 ] }, { "date": "2025-04-04", "close": 17.324841, "volume": 45769, "typical_volume": 186634.15, "trend": 20.566576, "fair_value": 32.766234, "relative_strength": -24.909537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.261454, "energy": 52.768927, "activity_lines": [ 17.97513, 18.537183, 19.082976, 19.630437 ] }, { "date": "2025-04-11", "close": 14.946921, "volume": 415907, "typical_volume": 202324.0, "trend": 20.234961, "fair_value": 32.649768, "relative_strength": -28.586274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.563766, "energy": 69.785545, "activity_lines": [ 16.846022, 17.818072, 18.650144, 19.267878 ] }, { "date": "2025-04-18", "close": 16.791021, "volume": 305755, "typical_volume": 213736.95, "trend": 19.96967, "fair_value": 32.546789, "relative_strength": -18.399401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.864152, "energy": 64.457073, "activity_lines": [ 16.616318, 17.514545, 18.421364, 19.045689 ] }, { "date": "2025-04-25", "close": 16.014559, "volume": 104235, "typical_volume": 213797.75, "trend": 19.727025, "fair_value": 32.44013, "relative_strength": -23.176563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.626139, "energy": 64.115543, "activity_lines": [ 16.253968, 17.129843, 18.137355, 18.79052 ] }, { "date": "2025-05-02", "close": 14.99545, "volume": 104060, "typical_volume": 215112.6, "trend": 19.479527, "fair_value": 32.328305, "relative_strength": -30.275441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.9864, "energy": 68.53251, "activity_lines": [ 15.775149, 16.613671, 17.781013, 18.485257 ] }, { "date": "2025-05-09", "close": 18.441008, "volume": 330472, "typical_volume": 219805.0, "trend": 19.33394, "fair_value": 32.205563, "relative_strength": -13.783139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.433622, "energy": 35.047405, "activity_lines": [ 16.583965, 16.806022, 17.78032, 18.418256 ] }, { "date": "2025-05-16", "close": 15.626328, "volume": 119640, "typical_volume": 219221.95, "trend": 19.123648, "fair_value": 32.042873, "relative_strength": -29.138333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.386803, "energy": 37.726709, "activity_lines": [ 16.380144, 16.50426, 17.512949, 18.179055 ] }, { "date": "2025-05-23", "close": 15.771914, "volume": 186913, "typical_volume": 222748.2, "trend": 18.936003, "fair_value": 31.88495, "relative_strength": -26.93326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.675026, "energy": 34.262189, "activity_lines": [ 16.179558, 16.294262, 17.270073, 17.962814 ] }, { "date": "2025-05-30", "close": 16.693966, "volume": 169812, "typical_volume": 218136.3, "trend": 18.783945, "fair_value": 31.72664, "relative_strength": -20.67243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.240426, "energy": 22.898077, "activity_lines": [ 16.354262, 16.304851, 17.132112, 17.818167 ] }, { "date": "2025-06-06", "close": 16.936609, "volume": 178639, "typical_volume": 208833.6, "trend": 18.644829, "fair_value": 31.534564, "relative_strength": -19.718463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.502483, "energy": 23.873099, "activity_lines": [ 16.564554, 16.408085, 17.03205, 17.698984 ] }, { "date": "2025-06-13", "close": 17.950001, "volume": 213980, "typical_volume": 207196.45, "trend": 18.466699, "fair_value": 31.351175, "relative_strength": -15.573606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.016995, "energy": 13.71915, "activity_lines": [ 16.983233, 16.698219, 17.045833, 17.654156 ] }, { "date": "2025-06-20", "close": 17.0, "volume": 192803, "typical_volume": 207820.6, "trend": 18.336166, "fair_value": 31.142529, "relative_strength": -19.063385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.427001, "energy": 15.103097, "activity_lines": [ 17.117978, 16.80426, 16.983032, 17.55953 ] }, { "date": "2025-06-27", "close": 15.8, "volume": 221845, "typical_volume": 205615.4, "trend": 18.172104, "fair_value": 30.964524, "relative_strength": -25.633433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.261123, "energy": 16.421025, "activity_lines": [ 16.761146, 16.65479, 16.817199, 17.395907 ] }, { "date": "2025-07-04", "close": 16.549999, "volume": 124720, "typical_volume": 200746.4, "trend": 18.016865, "fair_value": 30.775993, "relative_strength": -21.088141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.413396, "energy": 17.814524, "activity_lines": [ 16.65244, 16.659702, 16.743227, 17.291255 ] }, { "date": "2025-07-11", "close": 14.9, "volume": 75729, "typical_volume": 199543.0, "trend": 17.821185, "fair_value": 30.597695, "relative_strength": -28.73479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.603941, "energy": 37.123057, "activity_lines": [ 16.003333, 16.354878, 16.523659, 17.090167 ] }, { "date": "2025-07-18", "close": 16.6, "volume": 181146, "typical_volume": 198417.6, "trend": 17.750113, "fair_value": 30.428104, "relative_strength": -21.920885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.44906, "energy": 36.340094, "activity_lines": [ 16.056666, 16.360882, 16.487942, 17.011381 ] }, { "date": "2025-07-25", "close": 18.0, "volume": 826928, "typical_volume": 230908.85, "trend": 17.754824, "fair_value": 30.262011, "relative_strength": -14.403762, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.561747, "energy": 8.351604, "activity_lines": [ 16.666667, 16.654903, 16.598947, 17.027502 ] }, { "date": "2025-08-01", "close": 18.6, "volume": 185770, "typical_volume": 232048.95, "trend": 17.729389, "fair_value": 30.107431, "relative_strength": -10.674823, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.039593, "energy": 6.785281, "activity_lines": [ 17.41, 17.014858, 16.772892, 17.08203 ] }, { "date": "2025-08-08", "close": 17.5, "volume": 86244, "typical_volume": 228569.9, "trend": 17.652728, "fair_value": 29.937713, "relative_strength": -16.782159, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.987243, "energy": 14.892115, "activity_lines": [ 17.6, 17.123393, 16.842474, 17.067231 ] }, { "date": "2025-08-15", "close": 16.5, "volume": 205000, "typical_volume": 213768.35, "trend": 17.516852, "fair_value": 29.765595, "relative_strength": -21.683959, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.486642, "energy": 14.961232, "activity_lines": [ 17.393333, 17.035454, 16.825689, 16.992861 ] }, { "date": "2025-08-22", "close": 17.35, "volume": 340105, "typical_volume": 228485.15, "trend": 17.399603, "fair_value": 29.607233, "relative_strength": -14.903594, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.25423, "energy": 11.637944, "activity_lines": [ 17.363333, 17.11, 16.892629, 16.982097 ] }, { "date": "2025-08-29", "close": 17.75, "volume": 1048298, "typical_volume": 260104.7, "trend": 17.345835, "fair_value": 29.480657, "relative_strength": -13.857497, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.231721, "energy": 6.077119, "activity_lines": [ 17.416667, 17.268182, 16.997544, 17.004703 ] }, { "date": "2025-09-05", "close": 15.7, "volume": 577079, "typical_volume": 273670.9, "trend": 17.199468, "fair_value": 29.342372, "relative_strength": -23.672098, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.766114, "energy": 17.495966, "activity_lines": [ 16.803333, 17.04, 16.893873, 16.89852 ] }, { "date": "2025-09-12", "close": 18.1, "volume": 1079990, "typical_volume": 322458.65, "trend": 17.170308, "fair_value": 29.225202, "relative_strength": -14.506687, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.092688, "energy": 5.100484, "activity_lines": [ 17.183333, 17.25, 17.023969, 16.956619 ] }, { "date": "2025-09-19", "close": 17.65, "volume": 361990, "typical_volume": 335355.15, "trend": 17.108353, "fair_value": 29.092541, "relative_strength": -16.101759, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.880613, "energy": 8.284081, "activity_lines": [ 17.373333, 17.35, 17.101278, 16.987567 ] }, { "date": "2025-09-26", "close": 16.200001, "volume": 192063, "typical_volume": 328434.7, "trend": 17.0013, "fair_value": 28.955743, "relative_strength": -22.240314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.889787, "energy": 4.610894, "activity_lines": [ 17.003334, 17.136364, 17.02785, 16.928963 ] }, { "date": "2025-10-03", "close": 16.6, "volume": 106400, "typical_volume": 327772.7, "trend": 16.914051, "fair_value": 28.821508, "relative_strength": -23.17916, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.447863, "energy": 4.940886, "activity_lines": [ 16.843334, 17.002727, 17.003189, 16.903073 ] }, { "date": "2025-10-10", "close": 16.6, "volume": 94338, "typical_volume": 323143.95, "trend": 16.844596, "fair_value": 28.702744, "relative_strength": -23.949951, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.419169, "energy": 5.883457, "activity_lines": [ 16.76, 16.894546, 16.973891, 16.882812 ] }, { "date": "2025-10-17", "close": 16.4, "volume": 96270, "typical_volume": 319466.85, "trend": 16.745827, "fair_value": 28.591865, "relative_strength": -24.216478, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.607263, "energy": 10.345376, "activity_lines": [ 16.55, 16.786364, 16.921603, 16.854128 ] }, { "date": "2025-10-24", "close": 16.700001, "volume": 143636, "typical_volume": 317716.7, "trend": 16.733087, "fair_value": 28.487779, "relative_strength": -22.904749, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.02226, "energy": 12.51978, "activity_lines": [ 16.553334, 16.752728, 16.899286, 16.851171 ] }, { "date": "2025-10-31", "close": 15.7, "volume": 90060, "typical_volume": 311520.7, "trend": 16.678926, "fair_value": 28.375851, "relative_strength": -28.703616, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -29.19443, "energy": 26.078218, "activity_lines": [ 16.286667, 16.533637, 16.782857, 16.784521 ] }, { "date": "2025-11-07", "close": 15.7, "volume": 166250, "typical_volume": 310193.05, "trend": 16.704029, "fair_value": 28.263636, "relative_strength": -26.553188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -28.44713, "energy": 30.856621, "activity_lines": [ 16.053334, 16.344546, 16.677143, 16.721364 ] }, { "date": "2025-11-14", "close": 13.7, "volume": 200188, "typical_volume": 309110.2, "trend": 16.600995, "fair_value": 28.130865, "relative_strength": -34.519093, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.931888, "energy": 60.744281, "activity_lines": [ 15.213333, 15.829091, 16.387143, 16.527556 ] }, { "date": "2025-11-21", "close": 12.3, "volume": 205811, "typical_volume": 313164.75, "trend": 16.477176, "fair_value": 27.993991, "relative_strength": -38.364639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.021518, "energy": 77.851731, "activity_lines": [ 14.1, 15.095455, 15.97381, 16.250072 ] }, { "date": "2025-11-28", "close": 14.15, "volume": 324365, "typical_volume": 325596.55, "trend": 16.448994, "fair_value": 27.879575, "relative_strength": -31.467196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.448991, "energy": 69.847859, "activity_lines": [ 13.876667, 14.803636, 15.756905, 16.099932 ] }, { "date": "2025-12-05", "close": 14.9, "volume": 200508, "typical_volume": 326564.65, "trend": 16.330961, "fair_value": 27.767388, "relative_strength": -27.970164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.897268, "energy": 64.388776, "activity_lines": [ 14.073333, 14.711818, 15.615, 15.999997 ] }, { "date": "2025-12-12", "close": 14.3, "volume": 81713, "typical_volume": 289303.9, "trend": 16.28675, "fair_value": 27.651929, "relative_strength": -30.702856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.964918, "energy": 51.271536, "activity_lines": [ 14.123333, 14.534546, 15.424048, 15.868967 ] }, { "date": "2025-12-19", "close": 15.95, "volume": 73123, "typical_volume": 283671.55, "trend": 16.292686, "fair_value": 27.545041, "relative_strength": -20.812105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.962713, "energy": 20.853728, "activity_lines": [ 14.816667, 14.699091, 15.407857, 15.847241 ] }, { "date": "2025-12-26", "close": 15.7, "volume": 272716, "typical_volume": 292995.15, "trend": 16.259554, "fair_value": 27.453452, "relative_strength": -23.909792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.664709, "energy": 18.71477, "activity_lines": [ 15.276667, 14.83, 15.380476, 15.809004 ] }, { "date": "2026-01-02", "close": 16.6, "volume": 197675, "typical_volume": 292628.9, "trend": 16.248333, "fair_value": 27.366487, "relative_strength": -21.165064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.658532, "energy": 15.079362, "activity_lines": [ 15.81, 15.137273, 15.447381, 15.830968 ] }, { "date": "2026-01-09", "close": 17.450001, "volume": 455269, "typical_volume": 298387.1, "trend": 16.231667, "fair_value": 27.288696, "relative_strength": -19.072726, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 24.411293, "energy": 25.285698, "activity_lines": [ 16.463334, 15.600909, 15.594762, 15.908495 ] }, { "date": "2026-01-16", "close": 15.55, "volume": 267728, "typical_volume": 259358.6, "trend": 16.183333, "fair_value": 27.196432, "relative_strength": -29.697373, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 9.416244, "energy": 15.652897, "activity_lines": [ 16.313334, 15.687273, 15.560714, 15.864516 ] }, { "date": "2026-01-23", "close": 17.950001, "volume": 931435, "typical_volume": 277076.4, "trend": 16.255, "fair_value": 27.122418, "relative_strength": -19.503353, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.760174, "energy": 20.384422, "activity_lines": [ 16.880001, 16.212728, 15.765715, 15.978495 ] }, { "date": "2026-01-30", "close": 19.0, "volume": 868727, "typical_volume": 266513.25, "trend": 16.336667, "fair_value": 27.060865, "relative_strength": -14.52326, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.021302, "energy": 31.19903, "activity_lines": [ 17.663334, 16.851818, 16.06, 16.155592 ] }, { "date": "2026-02-06", "close": 17.4, "volume": 328509, "typical_volume": 264839.2, "trend": 16.42, "fair_value": 26.97645, "relative_strength": -20.348524, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.411559, "energy": 19.184104, "activity_lines": [ 17.693334, 17.078182, 16.197619, 16.224194 ] }, { "date": "2026-02-13", "close": 18.1, "volume": 138129, "typical_volume": 262142.5, "trend": 16.47, "fair_value": 26.89509, "relative_strength": -21.017423, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.677939, "energy": 31.292426, "activity_lines": [ 17.903333, 17.372727, 16.403095, 16.332581 ] }, { "date": "2026-02-27", "close": 16.549999, "volume": 102398, "typical_volume": 261942.4, "trend": 16.421667, "fair_value": 26.798064, "relative_strength": -30.777095, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.773913, "energy": 17.626744, "activity_lines": [ 17.553333, 17.327273, 16.451905, 16.337742 ] }, { "date": "2026-03-06", "close": 16.35, "volume": 167886, "typical_volume": 265619.8, "trend": 16.346667, "fair_value": 26.706058, "relative_strength": -27.182347, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.761682, "energy": 6.582693, "activity_lines": [ 17.07, 17.204545, 16.481905, 16.333118 ] }, { "date": "2026-03-13", "close": 16.4, "volume": 157659, "typical_volume": 268689.25, "trend": 16.31, "fair_value": 26.611222, "relative_strength": -25.754371, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.939042, "energy": 14.987867, "activity_lines": [ 16.71, 17.083636, 16.517857, 16.336559 ] }, { "date": "2026-03-20", "close": 13.2, "volume": 742061, "typical_volume": 298610.5, "trend": 16.2, "fair_value": 26.451469, "relative_strength": -39.695733, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.432519, "energy": 19.731261, "activity_lines": [ 15.456667, 16.368182, 16.249048, 16.135914 ] }, { "date": "2026-03-27", "close": 13.25, "volume": 400581, "typical_volume": 314136.55, "trend": 16.063333, "fair_value": 26.298338, "relative_strength": -37.81442, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.506009, "energy": 39.48207, "activity_lines": [ 14.5, 15.723636, 16.001667, 15.945591 ] }, { "date": "2026-04-03", "close": 13.05, "volume": 137531, "typical_volume": 312700.6, "trend": 15.906667, "fair_value": 26.142207, "relative_strength": -37.002962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.845085, "energy": 56.059438, "activity_lines": [ 13.8, 15.119091, 15.746905, 15.751183 ] }, { "date": "2026-04-10", "close": 13.05, "volume": 171722, "typical_volume": 311277.3, "trend": 15.818333, "fair_value": 25.979773, "relative_strength": -41.273831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.70715, "energy": 61.633318, "activity_lines": [ 13.333333, 14.56, 15.504762, 15.566882 ] }, { "date": "2026-04-17", "close": 20.0, "volume": 3292331, "typical_volume": 465603.3, "trend": 15.881667, "fair_value": 25.877647, "relative_strength": -12.795515, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 13.858338, "energy": 9.992627, "activity_lines": [ 15.403333, 15.353636, 15.927619, 15.836667 ] }, { "date": "2026-04-24", "close": 18.200001, "volume": 2619591, "typical_volume": 580364.6, "trend": 15.9, "fair_value": 25.754528, "relative_strength": -24.048052, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.717653, "energy": 13.957838, "activity_lines": [ 16.633334, 15.801818, 16.142381, 15.986237 ] }, { "date": "2026-05-01", "close": 17.200001, "volume": 335205, "typical_volume": 587099.45, "trend": 15.933333, "fair_value": 25.612967, "relative_strength": -27.384743, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.923329, "energy": 28.53478, "activity_lines": [ 17.196667, 16.053637, 16.242619, 16.070108 ] }, { "date": "2026-05-08", "close": 18.4, "volume": 1070484, "typical_volume": 636538.0, "trend": 15.993333, "fair_value": 25.487406, "relative_strength": -26.670741, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.167007, "energy": 43.263379, "activity_lines": [ 17.896667, 16.54, 16.446191, 16.229247 ] }, { "date": "2026-05-15", "close": 20.6, "volume": 1558574, "typical_volume": 710810.55, "trend": 16.126667, "fair_value": 25.377954, "relative_strength": -16.021345, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.627911, "energy": 66.862253, "activity_lines": [ 18.973334, 17.392728, 16.839762, 16.526452 ] }, { "date": "2026-05-22", "close": 20.0, "volume": 1290307, "typical_volume": 761690.1, "trend": 16.246667, "fair_value": 25.269525, "relative_strength": -19.954933, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.540512, "energy": 63.29502, "activity_lines": [ 19.346667, 18.059091, 17.154048, 16.776344 ] }, { "date": "2026-05-29", "close": 20.0, "volume": 277221, "typical_volume": 765667.4, "trend": 16.356667, "fair_value": 25.160523, "relative_strength": -23.667154, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.918602, "energy": 63.057537, "activity_lines": [ 19.72, 18.66, 17.447857, 17.018495 ] }, { "date": "2026-06-05", "close": 20.299999, "volume": 487584, "typical_volume": 767283.15, "trend": 16.51, "fair_value": 25.040839, "relative_strength": -22.256737, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.747035, "energy": 59.361579, "activity_lines": [ 20.073333, 19.191818, 17.754048, 17.272903 ] }, { "date": "2026-06-12", "close": 19.0, "volume": 357124, "typical_volume": 771752.95, "trend": 16.62, "fair_value": 24.86985, "relative_strength": -24.872394, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.482258, "energy": 38.253934, "activity_lines": [ 19.786666, 19.359091, 17.922857, 17.433548 ] }, { "date": "2026-06-19", "close": 18.0, "volume": 215961, "typical_volume": 735979.25, "trend": 16.763333, "fair_value": 24.653107, "relative_strength": -31.361993, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.467409, "energy": 27.067954, "activity_lines": [ 19.126666, 19.236364, 17.98, 17.522581 ] }, { "date": "2026-06-26", "close": 18.5, "volume": 251353, "typical_volume": 705110.55, "trend": 16.97, "fair_value": 24.463293, "relative_strength": -25.555415, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.425287, "energy": 20.081398, "activity_lines": [ 18.806667, 19.114545, 18.084524, 17.634624 ] }, { "date": "2026-07-03", "close": 17.5, "volume": 150340, "typical_volume": 696202.1, "trend": 17.081667, "fair_value": 24.259951, "relative_strength": -32.142335, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.141817, "energy": 17.273993, "activity_lines": [ 18.253333, 18.838182, 18.09619, 17.668817 ] }, { "date": "2026-07-10", "close": 17.15, "volume": 58586, "typical_volume": 692224.95, "trend": 17.156667, "fair_value": 24.07038, "relative_strength": -30.546406, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.172506, "energy": 15.500147, "activity_lines": [ 17.75, 18.510909, 18.074048, 17.673226 ] }, { "date": "2026-07-17", "close": 17.15, "volume": 174202, "typical_volume": 695815.15, "trend": 17.251667, "fair_value": 23.88496, "relative_strength": -25.513218, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.98951, "energy": 15.797205, "activity_lines": [ 17.456667, 18.184545, 18.056429, 17.672796 ] }, { "date": "2026-07-24", "close": 14.7, "volume": 189177, "typical_volume": 696879.7, "trend": 17.21, "fair_value": 23.686503, "relative_strength": -36.751437, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.014131, "energy": 31.73644, "activity_lines": [ 16.47, 17.435454, 17.802619, 17.508172 ] }, { "date": "2026-07-31", "close": 14.85, "volume": 177780, "typical_volume": 697885.75, "trend": 17.181667, "fair_value": 23.483374, "relative_strength": -34.302192, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.575281, "energy": 45.496879, "activity_lines": [ 15.753333, 16.820909, 17.570952, 17.355914 ] }, { "date": "2026-08-07", "close": 14.85, "volume": 30319, "typical_volume": 662298.65, "trend": 17.123333, "fair_value": 23.280838, "relative_strength": -34.850927, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.433512, "energy": 53.282768, "activity_lines": [ 15.28, 16.3, 17.346667, 17.205484 ] }, { "date": "2026-08-14", "close": 14.25, "volume": 97867, "typical_volume": 647162.95, "trend": 17.016667, "fair_value": 23.0964, "relative_strength": -38.691373, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.304944, "energy": 59.124573, "activity_lines": [ 14.783333, 15.763636, 17.057381, 17.020108 ] } ], "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." } } }