{ "ticker": { "uuid": "e1907dcd-3492-4b0a-b2b4-b1e67e1aefdd", "symbol": "ADN", "name": "Acadian Timber Corp.", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 87.488, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 58.685, "architecture_energy": 38.668, "architecture_maturity": 65.538, "architecture_confidence": 67.29, "architecture_tenure": "Established", "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": 16.43, "rotation_up": 53.77, "upward_expansion": 80.41, "deceleration": 64.35, "rotation_down": 21.82, "downward_expansion": 4.74 }, "activity_lines": [ 17.67, 17.601868, 17.415312, 17.247629 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 17.700001, "trend_reference": 16.991714, "distance_from_trend": 0.041684, "trend_direction": "Improving", "fair_value": 15.773104, "distance_from_fair_value": 0.122163, "fair_value_direction": "Improving", "relative_strength": -3.935149, "relative_strength_direction": "Improving", "price_momentum": 0.098447, "excess_performance": -0.021974, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041684, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052533, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.122163, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.030665, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.039351, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.043397, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.098447, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.011875, "read": "Demand-led" } ], "volume": { "latest": 26700, "relative_activity": 0.79976, "balance": 1.011875, "dry_up": 1.404823, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.027448, "annualized_volatility": 0.098136, "from_high_reference": -0.026938, "from_low_reference": 0.311178 }, "levels": { "trend_reference": 16.991714, "fair_value_reference": 15.773104, "structural_low": 16.103825, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.001131, "positive_rate": 0.548387, "directional_follow_through": 0.548387, "median_excess_return": -0.007405, "regime_survival": 0.741935, "best_return": 0.055972, "worst_return": -0.053214, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.008377, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.043697, "regime_survival": 0.363636, "best_return": 0.066141, "worst_return": -0.07929, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.009288, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.041261, "regime_survival": 0.166667, "best_return": 0.024554, "worst_return": -0.097903, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.031076, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.042018, "regime_survival": 0.5, "best_return": 0.159346, "worst_return": -0.041194, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-02", "end": "2024-03-22", "tenure": "Developing", "return": 0.0822, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2024-06-28", "tenure": "Established", "return": 0.002449, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-05", "end": "2024-07-26", "tenure": "New", "return": 0.067488, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-11-22", "tenure": "Established", "return": -0.016172, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2024-12-13", "tenure": "New", "return": 0.016356, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.023127, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-05-23", "tenure": "Established", "return": 0.056389, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-08-22", "tenure": "Established", "return": 0.015262, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.033746, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.076877, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-01-09", "tenure": "Developing", "return": 0.146748, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.018182, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": 0.046555, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-08-07", "tenure": "Established", "return": 0.067826, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 14.286967, "volume": 38800, "typical_volume": 23725.0, "trend": 13.377399, "fair_value": 13.040243, "relative_strength": 11.036932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.253294, "energy": 72.966108, "activity_lines": [ 14.182246, 14.016113, 13.801546, 13.591776 ] }, { "date": "2023-08-25", "close": 14.527992, "volume": 22500, "typical_volume": 23635.0, "trend": 13.412438, "fair_value": 13.061785, "relative_strength": 12.554253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.152265, "energy": 80.143273, "activity_lines": [ 14.344037, 14.121918, 13.891527, 13.666008 ] }, { "date": "2023-09-01", "close": 15.367424, "volume": 70500, "typical_volume": 26045.0, "trend": 13.473051, "fair_value": 13.090102, "relative_strength": 14.774451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.016552, "energy": 91.850203, "activity_lines": [ 14.723028, 14.367964, 14.053114, 13.792136 ] }, { "date": "2023-09-08", "close": 15.234442, "volume": 23400, "typical_volume": 26055.0, "trend": 13.535113, "fair_value": 13.117349, "relative_strength": 16.092476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.84391, "energy": 90.289724, "activity_lines": [ 14.955741, 14.564561, 14.191101, 13.905774 ] }, { "date": "2023-09-15", "close": 14.760704, "volume": 33500, "typical_volume": 26805.0, "trend": 13.588872, "fair_value": 13.139075, "relative_strength": 9.314605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.416482, "energy": 78.193085, "activity_lines": [ 14.945767, 14.652206, 14.272577, 13.984844 ] }, { "date": "2023-09-22", "close": 14.835506, "volume": 15100, "typical_volume": 25555.0, "trend": 13.668923, "fair_value": 13.165464, "relative_strength": 14.337543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.664173, "energy": 66.976568, "activity_lines": [ 14.945767, 14.737283, 14.352197, 14.065272 ] }, { "date": "2023-09-29", "close": 14.641055, "volume": 15500, "typical_volume": 23950.0, "trend": 13.7334, "fair_value": 13.189249, "relative_strength": 13.993727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.438136, "energy": 48.050652, "activity_lines": [ 14.844381, 14.764035, 14.4068, 14.12799 ] }, { "date": "2023-10-06", "close": 14.320018, "volume": 12900, "typical_volume": 23200.0, "trend": 13.782897, "fair_value": 13.210044, "relative_strength": 12.941598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.893444, "energy": 28.164353, "activity_lines": [ 14.628445, 14.713286, 14.426035, 14.165837 ] }, { "date": "2023-10-13", "close": 14.108808, "volume": 19400, "typical_volume": 22610.0, "trend": 13.838725, "fair_value": 13.229663, "relative_strength": 9.867053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.518224, "energy": 19.887656, "activity_lines": [ 14.411933, 14.615374, 14.421191, 14.186863 ] }, { "date": "2023-10-20", "close": 13.56811, "volume": 26400, "typical_volume": 22830.0, "trend": 13.863693, "fair_value": 13.246215, "relative_strength": 7.338785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.647158, "energy": 17.715565, "activity_lines": [ 14.09023, 14.416499, 14.361737, 14.169404 ] }, { "date": "2023-10-27", "close": 13.356901, "volume": 18100, "typical_volume": 22780.0, "trend": 13.879493, "fair_value": 13.264165, "relative_strength": 7.490585, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.649644, "energy": 37.665676, "activity_lines": [ 13.777631, 14.196826, 14.280577, 14.136708 ] }, { "date": "2023-11-03", "close": 13.889151, "volume": 20500, "typical_volume": 22570.0, "trend": 13.916573, "fair_value": 13.28668, "relative_strength": 5.348066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.99509, "energy": 30.138989, "activity_lines": [ 13.741022, 14.090836, 14.250108, 14.137331 ] }, { "date": "2023-11-10", "close": 13.694836, "volume": 12500, "typical_volume": 22025.0, "trend": 13.937374, "fair_value": 13.307417, "relative_strength": 4.418683, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.118909, "energy": 31.092711, "activity_lines": [ 13.689768, 13.961131, 14.200931, 14.123025 ] }, { "date": "2023-11-17", "close": 13.661042, "volume": 24600, "typical_volume": 22665.0, "trend": 13.964673, "fair_value": 13.328115, "relative_strength": 1.18391, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.351905, "energy": 37.269012, "activity_lines": [ 13.668928, 13.855693, 14.149882, 14.105198 ] }, { "date": "2023-11-24", "close": 13.593455, "volume": 22300, "typical_volume": 23465.0, "trend": 13.988629, "fair_value": 13.347049, "relative_strength": 0.754369, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.560793, "energy": 23.249609, "activity_lines": [ 13.65541, 13.766573, 14.093913, 14.081248 ] }, { "date": "2023-12-01", "close": 13.838458, "volume": 35700, "typical_volume": 24480.0, "trend": 14.000874, "fair_value": 13.363515, "relative_strength": 0.535002, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.918245, "energy": 22.610658, "activity_lines": [ 13.721871, 13.743222, 14.062601, 14.07156 ] }, { "date": "2023-12-08", "close": 14.455193, "volume": 30900, "typical_volume": 24945.0, "trend": 14.028231, "fair_value": 13.385443, "relative_strength": 5.302082, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 6.792257, "energy": 6.425603, "activity_lines": [ 13.961805, 13.850133, 14.088757, 14.10087 ] }, { "date": "2023-12-15", "close": 14.345364, "volume": 28900, "typical_volume": 25375.0, "trend": 14.056828, "fair_value": 13.405069, "relative_strength": 3.231242, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.701513, "energy": 12.858911, "activity_lines": [ 14.127395, 13.940454, 14.100328, 14.121331 ] }, { "date": "2023-12-22", "close": 14.336915, "volume": 26200, "typical_volume": 25930.0, "trend": 14.086232, "fair_value": 13.423754, "relative_strength": 1.16854, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.949856, "energy": 18.452567, "activity_lines": [ 14.246799, 14.028779, 14.108679, 14.139401 ] }, { "date": "2023-12-29", "close": 14.738795, "volume": 16800, "typical_volume": 25725.0, "trend": 14.136385, "fair_value": 13.445517, "relative_strength": 3.375988, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.246251, "energy": 40.102195, "activity_lines": [ 14.455105, 14.186025, 14.153523, 14.181502 ] }, { "date": "2024-01-05", "close": 14.996618, "volume": 28800, "typical_volume": 25225.0, "trend": 14.191048, "fair_value": 13.468481, "relative_strength": 5.046961, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.097053, "energy": 57.709768, "activity_lines": [ 14.672996, 14.368862, 14.221958, 14.237 ] }, { "date": "2024-01-12", "close": 14.867705, "volume": 22600, "typical_volume": 25230.0, "trend": 14.225075, "fair_value": 13.490257, "relative_strength": 3.689701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.864339, "energy": 61.51446, "activity_lines": [ 14.770705, 14.498448, 14.274735, 14.280656 ] }, { "date": "2024-01-19", "close": 14.609884, "volume": 22200, "typical_volume": 22815.0, "trend": 14.246151, "fair_value": 13.510154, "relative_strength": 2.214978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.160042, "energy": 56.709262, "activity_lines": [ 14.754973, 14.563365, 14.301341, 14.305482 ] }, { "date": "2024-01-26", "close": 13.896578, "volume": 44700, "typical_volume": 23880.0, "trend": 14.243388, "fair_value": 13.525118, "relative_strength": -3.802028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.138169, "energy": 19.636504, "activity_lines": [ 14.483838, 14.481954, 14.26362, 14.282929 ] }, { "date": "2024-02-02", "close": 13.905172, "volume": 47200, "typical_volume": 24565.0, "trend": 14.244514, "fair_value": 13.538194, "relative_strength": -3.57738, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.813147, "energy": 12.571716, "activity_lines": [ 14.244923, 14.397822, 14.233088, 14.261109 ] }, { "date": "2024-02-09", "close": 14.644261, "volume": 31300, "typical_volume": 25375.0, "trend": 14.280249, "fair_value": 13.553073, "relative_strength": 1.774518, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.749485, "energy": 12.956707, "activity_lines": [ 14.307947, 14.442402, 14.27702, 14.286899 ] }, { "date": "2024-02-16", "close": 14.266122, "volume": 25600, "typical_volume": 25880.0, "trend": 14.302826, "fair_value": 13.56485, "relative_strength": -2.084191, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.099171, "energy": 15.72291, "activity_lines": [ 14.268414, 14.403579, 14.285849, 14.285987 ] }, { "date": "2024-02-23", "close": 13.999707, "volume": 16300, "typical_volume": 26050.0, "trend": 14.308211, "fair_value": 13.572119, "relative_strength": -4.723721, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.662432, "energy": 14.267652, "activity_lines": [ 14.180182, 14.319755, 14.271091, 14.266431 ] }, { "date": "2024-03-01", "close": 14.532537, "volume": 38600, "typical_volume": 27010.0, "trend": 14.327201, "fair_value": 13.584385, "relative_strength": -1.892741, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.978318, "energy": 4.700215, "activity_lines": [ 14.310238, 14.339093, 14.308604, 14.280904 ] }, { "date": "2024-03-08", "close": 15.030995, "volume": 31400, "typical_volume": 27260.0, "trend": 14.343691, "fair_value": 13.595419, "relative_strength": 0.488958, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.989117, "energy": 26.530352, "activity_lines": [ 14.56405, 14.445504, 14.391571, 14.32631 ] }, { "date": "2024-03-15", "close": 14.369251, "volume": 50700, "typical_volume": 28890.0, "trend": 14.346433, "fair_value": 13.599773, "relative_strength": -4.469784, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.469942, "energy": 18.644185, "activity_lines": [ 14.522225, 14.426284, 14.404548, 14.327959 ] }, { "date": "2024-03-22", "close": 15.04818, "volume": 20700, "typical_volume": 28900.0, "trend": 14.363773, "fair_value": 13.608433, "relative_strength": -0.645397, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.980567, "energy": 52.2069, "activity_lines": [ 14.725045, 14.541913, 14.477365, 14.373233 ] }, { "date": "2024-03-29", "close": 15.186692, "volume": 25500, "typical_volume": 29550.0, "trend": 14.357749, "fair_value": 13.61689, "relative_strength": -0.680625, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.157181, "energy": 62.774393, "activity_lines": [ 14.921897, 14.679445, 14.557855, 14.426325 ] }, { "date": "2024-04-05", "close": 14.942029, "volume": 19500, "typical_volume": 29295.0, "trend": 14.348001, "fair_value": 13.621027, "relative_strength": -2.812512, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.501685, "energy": 52.237492, "activity_lines": [ 14.958063, 14.762005, 14.607939, 14.46402 ] }, { "date": "2024-04-12", "close": 15.361454, "volume": 43300, "typical_volume": 30345.0, "trend": 14.368026, "fair_value": 13.625652, "relative_strength": 1.390842, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.859577, "energy": 62.819843, "activity_lines": [ 15.106738, 14.901815, 14.691868, 14.529404 ] }, { "date": "2024-04-19", "close": 14.81096, "volume": 25600, "typical_volume": 29840.0, "trend": 14.367208, "fair_value": 13.630554, "relative_strength": -1.987099, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.707818, "energy": 42.275147, "activity_lines": [ 15.049884, 14.915059, 14.714951, 14.557981 ] }, { "date": "2024-04-26", "close": 15.003196, "volume": 14800, "typical_volume": 29035.0, "trend": 14.37928, "fair_value": 13.633662, "relative_strength": -1.607382, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.860299, "energy": 32.348131, "activity_lines": [ 15.027662, 14.960223, 14.75171, 14.599012 ] }, { "date": "2024-05-03", "close": 15.431359, "volume": 26100, "typical_volume": 28895.0, "trend": 14.416324, "fair_value": 13.64309, "relative_strength": 1.168425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.506447, "energy": 38.87275, "activity_lines": [ 15.15116, 15.069834, 14.826638, 14.666888 ] }, { "date": "2024-05-10", "close": 15.807096, "volume": 28900, "typical_volume": 29030.0, "trend": 14.472934, "fair_value": 13.656899, "relative_strength": 1.837406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.226056, "energy": 51.506246, "activity_lines": [ 15.383592, 15.22173, 14.932178, 14.756615 ] }, { "date": "2024-05-17", "close": 15.510001, "volume": 15800, "typical_volume": 28980.0, "trend": 14.537664, "fair_value": 13.670224, "relative_strength": -0.848519, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.842284, "energy": 56.524677, "activity_lines": [ 15.459321, 15.296435, 15.002423, 14.823523 ] }, { "date": "2024-05-24", "close": 15.300286, "volume": 17000, "typical_volume": 28390.0, "trend": 14.602443, "fair_value": 13.684131, "relative_strength": -1.583256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.100915, "energy": 54.204171, "activity_lines": [ 15.455242, 15.324302, 15.049023, 14.872724 ] }, { "date": "2024-05-31", "close": 15.317764, "volume": 26400, "typical_volume": 28580.0, "trend": 14.650063, "fair_value": 13.696499, "relative_strength": -1.315076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.45184, "energy": 44.391153, "activity_lines": [ 15.424368, 15.338418, 15.095841, 14.918874 ] }, { "date": "2024-06-07", "close": 15.335239, "volume": 21700, "typical_volume": 28555.0, "trend": 14.704744, "fair_value": 13.707237, "relative_strength": -0.095774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.981235, "energy": 31.741638, "activity_lines": [ 15.378347, 15.35081, 15.14218, 14.963079 ] }, { "date": "2024-06-14", "close": 15.073098, "volume": 22400, "typical_volume": 27440.0, "trend": 14.751812, "fair_value": 13.715011, "relative_strength": -0.143317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.801431, "energy": 19.792983, "activity_lines": [ 15.251354, 15.312839, 15.1601, 14.986844 ] }, { "date": "2024-06-21", "close": 14.706101, "volume": 41000, "typical_volume": 27130.0, "trend": 14.7889, "fair_value": 13.71924, "relative_strength": -2.092666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.29733, "energy": 13.46097, "activity_lines": [ 15.050962, 15.205758, 15.137464, 14.983895 ] }, { "date": "2024-06-28", "close": 15.223886, "volume": 24200, "typical_volume": 26775.0, "trend": 14.835081, "fair_value": 13.725396, "relative_strength": -0.13869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.52789, "energy": 17.338424, "activity_lines": [ 15.076758, 15.204735, 15.160328, 15.011958 ] }, { "date": "2024-07-05", "close": 15.1439, "volume": 16000, "typical_volume": 26295.0, "trend": 14.858038, "fair_value": 13.734156, "relative_strength": -1.453095, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.375969, "energy": 17.2307, "activity_lines": [ 15.080985, 15.181662, 15.172814, 15.031882 ] }, { "date": "2024-07-12", "close": 15.232773, "volume": 10900, "typical_volume": 26025.0, "trend": 14.887618, "fair_value": 13.745906, "relative_strength": -3.566593, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.468708, "energy": 13.172517, "activity_lines": [ 15.126428, 15.172189, 15.189584, 15.056059 ] }, { "date": "2024-07-19", "close": 15.366079, "volume": 34300, "typical_volume": 25810.0, "trend": 14.921924, "fair_value": 13.762279, "relative_strength": -2.837695, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.362433, "energy": 24.226041, "activity_lines": [ 15.223137, 15.190565, 15.213179, 15.086927 ] }, { "date": "2024-07-26", "close": 16.165936, "volume": 30900, "typical_volume": 25785.0, "trend": 14.969495, "fair_value": 13.784198, "relative_strength": 1.566789, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 79.326741, "energy": 67.060903, "activity_lines": [ 15.566933, 15.362387, 15.30898, 15.167186 ] }, { "date": "2024-08-02", "close": 16.210369, "volume": 38300, "typical_volume": 25165.0, "trend": 15.009954, "fair_value": 13.804494, "relative_strength": 4.423386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.569761, "energy": 79.767402, "activity_lines": [ 15.828218, 15.530362, 15.403609, 15.247242 ] }, { "date": "2024-08-09", "close": 15.303871, "volume": 30100, "typical_volume": 25635.0, "trend": 15.024493, "fair_value": 13.816606, "relative_strength": -1.714523, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.864341, "energy": 64.331699, "activity_lines": [ 15.721571, 15.516973, 15.403138, 15.266205 ] }, { "date": "2024-08-16", "close": 15.59715, "volume": 26800, "typical_volume": 25700.0, "trend": 15.057401, "fair_value": 13.832553, "relative_strength": -2.941888, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.390676, "energy": 58.51191, "activity_lines": [ 15.702019, 15.557159, 15.42938, 15.30315 ] }, { "date": "2024-08-23", "close": 15.934867, "volume": 15100, "typical_volume": 25480.0, "trend": 15.125344, "fair_value": 13.848152, "relative_strength": -1.695673, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.271688, "energy": 40.956475, "activity_lines": [ 15.770748, 15.653986, 15.485832, 15.359761 ] }, { "date": "2024-08-30", "close": 15.392741, "volume": 23000, "typical_volume": 24465.0, "trend": 15.17493, "fair_value": 13.860461, "relative_strength": -5.052047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.983336, "energy": 19.159208, "activity_lines": [ 15.620849, 15.636577, 15.485924, 15.377012 ] }, { "date": "2024-09-06", "close": 15.206112, "volume": 26400, "typical_volume": 24505.0, "trend": 15.193658, "fair_value": 13.871063, "relative_strength": -3.633877, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.657527, "energy": 11.800682, "activity_lines": [ 15.460286, 15.57275, 15.468094, 15.379024 ] }, { "date": "2024-09-13", "close": 15.552714, "volume": 42000, "typical_volume": 25865.0, "trend": 15.236545, "fair_value": 13.883374, "relative_strength": -4.581749, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.578161, "energy": 14.050948, "activity_lines": [ 15.482208, 15.572266, 15.481391, 15.402189 ] }, { "date": "2024-09-20", "close": 15.712686, "volume": 22600, "typical_volume": 25690.0, "trend": 15.293644, "fair_value": 13.895176, "relative_strength": -4.563404, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.098882, "energy": 18.441306, "activity_lines": [ 15.540865, 15.593434, 15.507307, 15.432908 ] }, { "date": "2024-09-27", "close": 15.659065, "volume": 35300, "typical_volume": 26010.0, "trend": 15.331195, "fair_value": 13.907864, "relative_strength": -4.990807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.631066, "energy": 15.950884, "activity_lines": [ 15.573945, 15.596127, 15.526777, 15.456483 ] }, { "date": "2024-10-04", "close": 16.264462, "volume": 37100, "typical_volume": 27075.0, "trend": 15.372311, "fair_value": 13.925521, "relative_strength": -1.964593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.466338, "energy": 49.972882, "activity_lines": [ 15.827211, 15.703565, 15.604608, 15.516694 ] }, { "date": "2024-10-11", "close": 16.255428, "volume": 23300, "typical_volume": 27390.0, "trend": 15.435183, "fair_value": 13.939954, "relative_strength": -3.089256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.435465, "energy": 62.077964, "activity_lines": [ 16.019351, 15.80757, 15.677987, 15.573669 ] }, { "date": "2024-10-18", "close": 16.427107, "volume": 19100, "typical_volume": 27025.0, "trend": 15.481147, "fair_value": 13.957141, "relative_strength": -3.321544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.061765, "energy": 71.488612, "activity_lines": [ 16.198763, 15.941969, 15.763167, 15.637664 ] }, { "date": "2024-10-25", "close": 16.535536, "volume": 24200, "typical_volume": 27150.0, "trend": 15.526109, "fair_value": 13.97611, "relative_strength": -1.153555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.604173, "energy": 78.680587, "activity_lines": [ 16.356025, 16.075661, 15.853392, 15.705689 ] }, { "date": "2024-11-01", "close": 16.065676, "volume": 35900, "typical_volume": 27825.0, "trend": 15.563564, "fair_value": 13.98994, "relative_strength": -3.032487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.99961, "energy": 66.230005, "activity_lines": [ 16.301811, 16.106862, 15.893152, 15.7405 ] }, { "date": "2024-11-08", "close": 15.758459, "volume": 45400, "typical_volume": 28045.0, "trend": 15.576797, "fair_value": 14.002416, "relative_strength": -6.665155, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.264664, "energy": 38.824637, "activity_lines": [ 16.118083, 16.079826, 15.898927, 15.753074 ] }, { "date": "2024-11-15", "close": 16.029531, "volume": 32500, "typical_volume": 28460.0, "trend": 15.617416, "fair_value": 14.01937, "relative_strength": -5.472204, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.471869, "energy": 25.967002, "activity_lines": [ 16.058447, 16.095427, 15.925507, 15.782283 ] }, { "date": "2024-11-22", "close": 15.94821, "volume": 13800, "typical_volume": 28350.0, "trend": 15.648917, "fair_value": 14.036558, "relative_strength": -7.869541, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.416533, "energy": 20.706215, "activity_lines": [ 15.986763, 16.081272, 15.940506, 15.803624 ] }, { "date": "2024-11-29", "close": 16.020498, "volume": 24700, "typical_volume": 29040.0, "trend": 15.668555, "fair_value": 14.055721, "relative_strength": -8.051892, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.850042, "energy": 20.253383, "activity_lines": [ 15.971101, 16.073069, 15.958559, 15.827597 ] }, { "date": "2024-12-06", "close": 16.264462, "volume": 15900, "typical_volume": 28120.0, "trend": 15.6838, "fair_value": 14.074228, "relative_strength": -6.604832, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.459434, "energy": 24.38892, "activity_lines": [ 16.071097, 16.103626, 15.996096, 15.866043 ] }, { "date": "2024-12-13", "close": 16.282537, "volume": 27700, "typical_volume": 27960.0, "trend": 15.709551, "fair_value": 14.091103, "relative_strength": -4.809244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.735548, "energy": 31.593623, "activity_lines": [ 16.163865, 16.126462, 16.031076, 15.904671 ] }, { "date": "2024-12-20", "close": 16.156033, "volume": 26200, "typical_volume": 27355.0, "trend": 15.738076, "fair_value": 14.103812, "relative_strength": -2.875544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.958009, "energy": 30.532106, "activity_lines": [ 16.179527, 16.125969, 16.053453, 15.933476 ] }, { "date": "2024-12-27", "close": 16.201214, "volume": 16400, "typical_volume": 26670.0, "trend": 15.767525, "fair_value": 14.115674, "relative_strength": -3.24009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.099285, "energy": 31.591805, "activity_lines": [ 16.201816, 16.135498, 16.080392, 15.963356 ] }, { "date": "2025-01-03", "close": 16.306032, "volume": 35600, "typical_volume": 27110.0, "trend": 15.799884, "fair_value": 14.130655, "relative_strength": -3.509177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.348718, "energy": 34.676959, "activity_lines": [ 16.242177, 16.168192, 16.11304, 15.998099 ] }, { "date": "2025-01-10", "close": 15.7824, "volume": 31300, "typical_volume": 27920.0, "trend": 15.823528, "fair_value": 14.140744, "relative_strength": -5.262481, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.857803, "energy": 10.76966, "activity_lines": [ 16.088958, 16.109853, 16.092443, 15.996971 ] }, { "date": "2025-01-17", "close": 15.773214, "volume": 35500, "typical_volume": 28545.0, "trend": 15.859098, "fair_value": 14.1537, "relative_strength": -6.264964, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.893295, "energy": 7.552205, "activity_lines": [ 15.964815, 16.054994, 16.071697, 15.993725 ] }, { "date": "2025-01-24", "close": 15.874265, "volume": 45300, "typical_volume": 29490.0, "trend": 15.880778, "fair_value": 14.164331, "relative_strength": -7.056343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.438029, "energy": 12.615428, "activity_lines": [ 15.908311, 16.01824, 16.058764, 15.994703 ] }, { "date": "2025-01-31", "close": 15.837522, "volume": 42200, "typical_volume": 29500.0, "trend": 15.903898, "fair_value": 14.175588, "relative_strength": -7.401976, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.838478, "energy": 20.369323, "activity_lines": [ 15.858343, 15.977628, 16.039149, 15.991912 ] }, { "date": "2025-02-07", "close": 16.030437, "volume": 42500, "typical_volume": 30495.0, "trend": 15.930487, "fair_value": 14.188371, "relative_strength": -5.760585, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.555645, "energy": 15.560438, "activity_lines": [ 15.896926, 15.974104, 16.036551, 16.000076 ] }, { "date": "2025-02-14", "close": 16.030437, "volume": 47100, "typical_volume": 31085.0, "trend": 15.952632, "fair_value": 14.200578, "relative_strength": -5.795506, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.26675, "energy": 6.976275, "activity_lines": [ 15.953883, 15.9704, 16.03244, 16.006525 ] }, { "date": "2025-02-21", "close": 16.223351, "volume": 27500, "typical_volume": 30605.0, "trend": 15.954546, "fair_value": 14.213158, "relative_strength": -3.363149, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.079636, "energy": 15.522565, "activity_lines": [ 16.058608, 16.006026, 16.044933, 16.02399 ] }, { "date": "2025-02-28", "close": 15.99369, "volume": 38900, "typical_volume": 31385.0, "trend": 15.947324, "fair_value": 14.22182, "relative_strength": -5.534985, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.785059, "energy": 14.023803, "activity_lines": [ 16.056771, 16.000971, 16.035749, 16.026516 ] }, { "date": "2025-03-07", "close": 15.819148, "volume": 33100, "typical_volume": 32085.0, "trend": 15.964499, "fair_value": 14.229171, "relative_strength": -4.025226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.143675, "energy": 4.684627, "activity_lines": [ 15.988791, 15.967133, 16.011189, 16.018246 ] }, { "date": "2025-03-14", "close": 16.012062, "volume": 22700, "typical_volume": 32010.0, "trend": 15.97833, "fair_value": 14.239149, "relative_strength": -2.026521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.391117, "energy": 2.113678, "activity_lines": [ 15.986341, 15.975317, 16.007897, 16.021315 ] }, { "date": "2025-03-21", "close": 16.048807, "volume": 17200, "typical_volume": 31075.0, "trend": 15.982128, "fair_value": 14.247781, "relative_strength": -3.317634, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.540902, "energy": 8.380598, "activity_lines": [ 15.997364, 15.995527, 16.010596, 16.025862 ] }, { "date": "2025-03-28", "close": 16.204979, "volume": 32900, "typical_volume": 30450.0, "trend": 16.009202, "fair_value": 14.258958, "relative_strength": -1.464339, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.259493, "energy": 13.965605, "activity_lines": [ 16.05922, 16.039288, 16.02825, 16.040239 ] }, { "date": "2025-04-04", "close": 15.681937, "volume": 36900, "typical_volume": 30670.0, "trend": 16.025063, "fair_value": 14.267513, "relative_strength": 1.777525, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.831911, "energy": 20.890537, "activity_lines": [ 15.947953, 15.9801, 15.993964, 16.019125 ] }, { "date": "2025-04-11", "close": 15.541836, "volume": 50900, "typical_volume": 32525.0, "trend": 16.024701, "fair_value": 14.274002, "relative_strength": -0.695593, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.09019, "energy": 36.563681, "activity_lines": [ 15.810769, 15.898937, 15.94799, 15.987949 ] }, { "date": "2025-04-18", "close": 15.831379, "volume": 22600, "typical_volume": 32420.0, "trend": 16.028657, "fair_value": 14.281324, "relative_strength": -1.304269, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.762227, "energy": 34.517053, "activity_lines": [ 15.788588, 15.875793, 15.931527, 15.975477 ] }, { "date": "2025-04-25", "close": 16.018179, "volume": 24100, "typical_volume": 32830.0, "trend": 16.040628, "fair_value": 14.292326, "relative_strength": -2.133396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.955148, "energy": 29.949878, "activity_lines": [ 15.840718, 15.890232, 15.933755, 15.974801 ] }, { "date": "2025-05-02", "close": 16.279699, "volume": 25500, "typical_volume": 32720.0, "trend": 16.041135, "fair_value": 14.303447, "relative_strength": -1.660524, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.604289, "energy": 6.42158, "activity_lines": [ 15.982064, 15.952444, 15.962062, 15.990225 ] }, { "date": "2025-05-09", "close": 16.326401, "volume": 23600, "typical_volume": 32590.0, "trend": 16.043501, "fair_value": 14.315257, "relative_strength": -2.463541, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.937605, "energy": 15.062386, "activity_lines": [ 16.133995, 16.022122, 15.99483, 16.008629 ] }, { "date": "2025-05-16", "close": 16.634621, "volume": 36800, "typical_volume": 33610.0, "trend": 16.050418, "fair_value": 14.329724, "relative_strength": -2.831056, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 38.500708, "energy": 41.767666, "activity_lines": [ 16.345703, 16.141791, 16.056142, 16.046766 ] }, { "date": "2025-05-23", "close": 16.662643, "volume": 24000, "typical_volume": 33030.0, "trend": 16.054655, "fair_value": 14.345442, "relative_strength": -2.202968, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.415991, "energy": 64.768197, "activity_lines": [ 16.493899, 16.251727, 16.118058, 16.086264 ] }, { "date": "2025-05-30", "close": 16.784061, "volume": 24100, "typical_volume": 32670.0, "trend": 16.078601, "fair_value": 14.364762, "relative_strength": -2.468104, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.367541, "energy": 72.482193, "activity_lines": [ 16.627149, 16.371912, 16.18984, 16.133323 ] }, { "date": "2025-06-06", "close": 16.980204, "volume": 31500, "typical_volume": 32470.0, "trend": 16.119326, "fair_value": 14.385729, "relative_strength": -2.121002, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.81988, "energy": 75.883501, "activity_lines": [ 16.774722, 16.51439, 16.275533, 16.191491 ] }, { "date": "2025-06-13", "close": 16.662643, "volume": 88400, "typical_volume": 34625.0, "trend": 16.14043, "fair_value": 14.413522, "relative_strength": -4.033515, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.087221, "energy": 65.765031, "activity_lines": [ 16.769741, 16.585035, 16.325234, 16.226543 ] }, { "date": "2025-06-20", "close": 16.671982, "volume": 24000, "typical_volume": 33715.0, "trend": 16.164556, "fair_value": 14.437966, "relative_strength": -3.80521, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.125017, "energy": 51.621363, "activity_lines": [ 16.745457, 16.639547, 16.37207, 16.260837 ] }, { "date": "2025-06-27", "close": 16.793402, "volume": 26200, "typical_volume": 32900.0, "trend": 16.190319, "fair_value": 14.463117, "relative_strength": -3.622199, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.007404, "energy": 42.491988, "activity_lines": [ 16.759156, 16.695587, 16.426496, 16.301408 ] }, { "date": "2025-07-04", "close": 17.182621, "volume": 27200, "typical_volume": 31905.0, "trend": 16.220925, "fair_value": 14.488584, "relative_strength": -2.548364, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.549899, "energy": 48.96963, "activity_lines": [ 16.893877, 16.804903, 16.514358, 16.365427 ] }, { "date": "2025-07-11", "close": 17.05921, "volume": 36600, "typical_volume": 32360.0, "trend": 16.246814, "fair_value": 14.515983, "relative_strength": -3.033457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.042408, "energy": 55.61549, "activity_lines": [ 16.96089, 16.870609, 16.58498, 16.41951 ] }, { "date": "2025-07-18", "close": 17.078196, "volume": 32200, "typical_volume": 32025.0, "trend": 16.277552, "fair_value": 14.542019, "relative_strength": -3.811076, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.294077, "energy": 68.553399, "activity_lines": [ 17.028965, 16.925594, 16.653429, 16.473148 ] }, { "date": "2025-07-25", "close": 17.344006, "volume": 53300, "typical_volume": 33035.0, "trend": 16.315645, "fair_value": 14.569016, "relative_strength": -2.731171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.336301, "energy": 78.718109, "activity_lines": [ 17.157939, 17.015239, 16.74203, 16.541951 ] }, { "date": "2025-08-01", "close": 17.021238, "volume": 55400, "typical_volume": 34670.0, "trend": 16.339486, "fair_value": 14.594637, "relative_strength": -2.579757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.802664, "energy": 61.748677, "activity_lines": [ 17.134523, 17.033301, 16.792629, 16.587473 ] }, { "date": "2025-08-08", "close": 16.945293, "volume": 26900, "typical_volume": 35155.0, "trend": 16.378249, "fair_value": 14.618929, "relative_strength": -5.381567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.950187, "energy": 44.316611, "activity_lines": [ 17.070602, 17.031035, 16.83119, 16.626558 ] }, { "date": "2025-08-15", "close": 16.964279, "volume": 38100, "typical_volume": 35415.0, "trend": 16.417951, "fair_value": 14.642501, "relative_strength": -5.580764, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.678193, "energy": 36.260046, "activity_lines": [ 17.028833, 17.029289, 16.867291, 16.664366 ] }, { "date": "2025-08-22", "close": 17.040226, "volume": 21500, "typical_volume": 34645.0, "trend": 16.456816, "fair_value": 14.668244, "relative_strength": -6.357583, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.644512, "energy": 28.058051, "activity_lines": [ 17.018707, 17.041642, 16.907008, 16.704513 ] }, { "date": "2025-08-29", "close": 16.878841, "volume": 30100, "typical_volume": 33605.0, "trend": 16.491527, "fair_value": 14.690278, "relative_strength": -7.806985, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.831948, "energy": 22.212335, "activity_lines": [ 16.957318, 17.017786, 16.924888, 16.73174 ] }, { "date": "2025-09-05", "close": 16.755428, "volume": 16600, "typical_volume": 33305.0, "trend": 16.515693, "fair_value": 14.71469, "relative_strength": -9.766856, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.57691, "energy": 17.958994, "activity_lines": [ 16.885802, 16.967731, 16.924647, 16.748766 ] }, { "date": "2025-09-12", "close": 16.451649, "volume": 64800, "typical_volume": 35340.0, "trend": 16.529734, "fair_value": 14.738195, "relative_strength": -11.8482, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.564008, "energy": 14.850702, "activity_lines": [ 16.730747, 16.863134, 16.891075, 16.744634 ] }, { "date": "2025-09-19", "close": 16.413675, "volume": 49100, "typical_volume": 36520.0, "trend": 16.536078, "fair_value": 14.761952, "relative_strength": -13.203264, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.906923, "energy": 25.858883, "activity_lines": [ 16.595944, 16.764923, 16.851822, 16.737146 ] }, { "date": "2025-09-26", "close": 16.30925, "volume": 43000, "typical_volume": 37490.0, "trend": 16.546596, "fair_value": 14.785822, "relative_strength": -13.458148, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.394596, "energy": 51.228492, "activity_lines": [ 16.46304, 16.659462, 16.801985, 16.722512 ] }, { "date": "2025-10-03", "close": 15.951973, "volume": 116000, "typical_volume": 41450.0, "trend": 16.551024, "fair_value": 14.808915, "relative_strength": -16.949986, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.006021, "energy": 66.906054, "activity_lines": [ 16.259774, 16.503023, 16.718204, 16.68415 ] }, { "date": "2025-10-10", "close": 15.642977, "volume": 81100, "typical_volume": 44305.0, "trend": 16.538721, "fair_value": 14.830229, "relative_strength": -16.507794, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.052059, "energy": 78.238133, "activity_lines": [ 16.015302, 16.315712, 16.608246, 16.625566 ] }, { "date": "2025-10-17", "close": 15.420885, "volume": 95800, "typical_volume": 47890.0, "trend": 16.51779, "fair_value": 14.852439, "relative_strength": -18.021597, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.363106, "energy": 82.01755, "activity_lines": [ 15.770962, 16.113081, 16.481991, 16.553447 ] }, { "date": "2025-10-24", "close": 14.725641, "volume": 133600, "typical_volume": 52995.0, "trend": 16.468479, "fair_value": 14.870243, "relative_strength": -21.889715, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.663467, "energy": 97.1385, "activity_lines": [ 15.363591, 15.811758, 16.296014, 16.437825 ] }, { "date": "2025-10-31", "close": 13.837274, "volume": 257900, "typical_volume": 61470.0, "trend": 16.40699, "fair_value": 14.883612, "relative_strength": -25.907329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -97.199838, "energy": 98.528898, "activity_lines": [ 14.772634, 15.389616, 16.036167, 16.26807 ] }, { "date": "2025-11-07", "close": 13.972461, "volume": 107900, "typical_volume": 65665.0, "trend": 16.354678, "fair_value": 14.898554, "relative_strength": -23.910271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.718486, "energy": 95.402445, "activity_lines": [ 14.391538, 15.050289, 15.802649, 16.111003 ] }, { "date": "2025-11-14", "close": 14.194552, "volume": 59300, "typical_volume": 67320.0, "trend": 16.300117, "fair_value": 14.915373, "relative_strength": -23.334309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.839954, "energy": 89.380802, "activity_lines": [ 14.21644, 14.804185, 15.603137, 15.97164 ] }, { "date": "2025-11-21", "close": 14.04971, "volume": 114300, "typical_volume": 71675.0, "trend": 16.234501, "fair_value": 14.930306, "relative_strength": -23.310636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.578272, "energy": 88.090056, "activity_lines": [ 14.089622, 14.578308, 15.402206, 15.826453 ] }, { "date": "2025-11-28", "close": 15.140857, "volume": 102500, "typical_volume": 74970.0, "trend": 16.19654, "fair_value": 14.951325, "relative_strength": -20.213913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.316704, "energy": 63.55365, "activity_lines": [ 14.417932, 14.594493, 15.320113, 15.755895 ] }, { "date": "2025-12-05", "close": 15.121544, "volume": 98800, "typical_volume": 78300.0, "trend": 16.156378, "fair_value": 14.971818, "relative_strength": -19.75085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.718731, "energy": 43.531507, "activity_lines": [ 14.712123, 14.630309, 15.245315, 15.686541 ] }, { "date": "2025-12-12", "close": 15.546415, "volume": 79900, "typical_volume": 79630.0, "trend": 16.120105, "fair_value": 14.995589, "relative_strength": -17.663711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.208407, "energy": 27.306931, "activity_lines": [ 15.06232, 14.764968, 15.220298, 15.647188 ] }, { "date": "2025-12-19", "close": 14.957389, "volume": 59700, "typical_volume": 79845.0, "trend": 16.063263, "fair_value": 15.017046, "relative_strength": -20.88114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.838746, "energy": 29.596759, "activity_lines": [ 15.111244, 14.799906, 15.147744, 15.572174 ] }, { "date": "2025-12-26", "close": 15.353291, "volume": 26800, "typical_volume": 79840.0, "trend": 16.01557, "fair_value": 15.038485, "relative_strength": -18.951782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.585509, "energy": 25.597433, "activity_lines": [ 15.24128, 14.919291, 15.122723, 15.52637 ] }, { "date": "2026-01-02", "close": 15.395965, "volume": 56300, "typical_volume": 80750.0, "trend": 15.962762, "fair_value": 15.056546, "relative_strength": -17.983668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.791972, "energy": 22.109874, "activity_lines": [ 15.298635, 15.047664, 15.109347, 15.486395 ] }, { "date": "2026-01-09", "close": 15.867871, "volume": 78100, "typical_volume": 83580.0, "trend": 15.93627, "fair_value": 15.074444, "relative_strength": -16.95188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.533556, "energy": 11.808683, "activity_lines": [ 15.496285, 15.249651, 15.148382, 15.480273 ] }, { "date": "2026-01-16", "close": 16.221802, "volume": 88400, "typical_volume": 86495.0, "trend": 15.921264, "fair_value": 15.090446, "relative_strength": -15.81648, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.86067, "energy": 24.046939, "activity_lines": [ 15.762157, 15.479068, 15.226708, 15.498694 ] }, { "date": "2026-01-23", "close": 16.516743, "volume": 59700, "typical_volume": 88650.0, "trend": 15.912042, "fair_value": 15.109933, "relative_strength": -14.202294, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.330998, "energy": 49.074394, "activity_lines": [ 16.081317, 15.721214, 15.336252, 15.537112 ] }, { "date": "2026-01-30", "close": 15.838378, "volume": 67900, "typical_volume": 88805.0, "trend": 15.867234, "fair_value": 15.124608, "relative_strength": -14.225489, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.87497, "energy": 49.838004, "activity_lines": [ 16.070398, 15.797799, 15.382326, 15.53236 ] }, { "date": "2026-02-06", "close": 16.113657, "volume": 77000, "typical_volume": 90200.0, "trend": 15.835716, "fair_value": 15.142179, "relative_strength": -13.822703, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.258813, "energy": 48.549802, "activity_lines": [ 16.1189, 15.891914, 15.457538, 15.548258 ] }, { "date": "2026-02-13", "close": 16.615057, "volume": 73600, "typical_volume": 91730.0, "trend": 15.820278, "fair_value": 15.164404, "relative_strength": -12.389754, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.401286, "energy": 45.184335, "activity_lines": [ 16.286689, 16.059505, 15.581931, 15.598538 ] }, { "date": "2026-02-20", "close": 16.506914, "volume": 29500, "typical_volume": 87405.0, "trend": 15.792374, "fair_value": 15.190513, "relative_strength": -14.423731, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.062219, "energy": 33.665952, "activity_lines": [ 16.368618, 16.18028, 15.694568, 15.642837 ] }, { "date": "2026-02-27", "close": 16.546238, "volume": 42700, "typical_volume": 85485.0, "trend": 15.776541, "fair_value": 15.215125, "relative_strength": -15.101426, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.1219, "energy": 42.235815, "activity_lines": [ 16.444647, 16.29074, 15.808308, 15.691474 ] }, { "date": "2026-03-06", "close": 16.792023, "volume": 43400, "typical_volume": 82865.0, "trend": 15.771432, "fair_value": 15.24049, "relative_strength": -10.16866, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.475899, "energy": 57.853498, "activity_lines": [ 16.600639, 16.417, 15.941155, 15.756989 ] }, { "date": "2026-03-13", "close": 16.575733, "volume": 33700, "typical_volume": 77870.0, "trend": 15.758481, "fair_value": 15.267039, "relative_strength": -9.409177, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.243811, "energy": 63.136549, "activity_lines": [ 16.620957, 16.477776, 16.046873, 15.808879 ] }, { "date": "2026-03-20", "close": 16.575733, "volume": 44400, "typical_volume": 67195.0, "trend": 15.742998, "fair_value": 15.291121, "relative_strength": -5.50033, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.602055, "energy": 60.279391, "activity_lines": [ 16.61047, 16.517102, 16.143782, 15.861605 ] }, { "date": "2026-03-27", "close": 16.870674, "volume": 69000, "typical_volume": 65250.0, "trend": 15.742725, "fair_value": 15.316683, "relative_strength": -5.343152, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.14419, "energy": 56.350356, "activity_lines": [ 16.700919, 16.597183, 16.25574, 15.934358 ] }, { "date": "2026-04-03", "close": 17.290001, "volume": 56700, "typical_volume": 65120.0, "trend": 15.760544, "fair_value": 15.345614, "relative_strength": -5.852995, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.898992, "energy": 61.27721, "activity_lines": [ 16.906893, 16.741708, 16.393832, 16.034183 ] }, { "date": "2026-04-10", "close": 16.85, "volume": 47100, "typical_volume": 61760.0, "trend": 15.773823, "fair_value": 15.36984, "relative_strength": -9.349702, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.255284, "energy": 49.321538, "activity_lines": [ 16.916615, 16.792173, 16.47528, 16.10447 ] }, { "date": "2026-04-17", "close": 16.9, "volume": 49700, "typical_volume": 59120.0, "trend": 15.790034, "fair_value": 15.395852, "relative_strength": -10.295008, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.667714, "energy": 47.344689, "activity_lines": [ 16.939139, 16.833336, 16.548155, 16.177127 ] }, { "date": "2026-04-24", "close": 17.16, "volume": 33300, "typical_volume": 55845.0, "trend": 15.818392, "fair_value": 15.423322, "relative_strength": -7.264938, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.851669, "energy": 51.663967, "activity_lines": [ 17.026712, 16.907475, 16.637415, 16.265512 ] }, { "date": "2026-05-01", "close": 17.049549, "volume": 30900, "typical_volume": 53395.0, "trend": 15.854978, "fair_value": 15.44626, "relative_strength": -7.345862, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.299471, "energy": 44.865315, "activity_lines": [ 17.038516, 16.951623, 16.706448, 16.344941 ] }, { "date": "2026-05-08", "close": 16.882299, "volume": 54000, "typical_volume": 53110.0, "trend": 15.896289, "fair_value": 15.46708, "relative_strength": -8.27489, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.843534, "energy": 40.46617, "activity_lines": [ 16.982646, 16.955497, 16.752396, 16.41122 ] }, { "date": "2026-05-15", "close": 17.098738, "volume": 23400, "typical_volume": 52940.0, "trend": 15.952217, "fair_value": 15.490229, "relative_strength": -5.97553, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.190563, "energy": 43.314752, "activity_lines": [ 17.026102, 16.992613, 16.80979, 16.488797 ] }, { "date": "2026-05-22", "close": 17.029871, "volume": 21600, "typical_volume": 51205.0, "trend": 16.029025, "fair_value": 15.513146, "relative_strength": -7.592117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.266421, "energy": 37.161179, "activity_lines": [ 17.03002, 17.01163, 16.852314, 16.558323 ] }, { "date": "2026-05-29", "close": 17.275826, "volume": 42700, "typical_volume": 49435.0, "trend": 16.143643, "fair_value": 15.539054, "relative_strength": -6.575061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.017094, "energy": 41.066654, "activity_lines": [ 17.107265, 17.06711, 16.910482, 16.638762 ] }, { "date": "2026-06-05", "close": 17.029871, "volume": 5100, "typical_volume": 45270.0, "trend": 16.245557, "fair_value": 15.5626, "relative_strength": -6.454183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.640131, "energy": 36.654669, "activity_lines": [ 17.094803, 17.065142, 16.938521, 16.695938 ] }, { "date": "2026-06-12", "close": 17.216797, "volume": 7700, "typical_volume": 42670.0, "trend": 16.346298, "fair_value": 15.584202, "relative_strength": -6.384406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.077918, "energy": 37.592102, "activity_lines": [ 17.145962, 17.094266, 16.980515, 16.758599 ] }, { "date": "2026-06-19", "close": 17.462751, "volume": 9200, "typical_volume": 39735.0, "trend": 16.460066, "fair_value": 15.606542, "relative_strength": -4.679173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.975008, "energy": 44.311877, "activity_lines": [ 17.256805, 17.16944, 17.042599, 16.830628 ] }, { "date": "2026-06-26", "close": 17.462751, "volume": 5100, "typical_volume": 36140.0, "trend": 16.537463, "fair_value": 15.628871, "relative_strength": -4.25278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.561081, "energy": 49.311647, "activity_lines": [ 17.343381, 17.233473, 17.096948, 16.895317 ] }, { "date": "2026-07-03", "close": 17.690001, "volume": 3000, "typical_volume": 32610.0, "trend": 16.623078, "fair_value": 15.653349, "relative_strength": -3.266696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.284384, "energy": 68.959791, "activity_lines": [ 17.476848, 17.328592, 17.166515, 16.969675 ] }, { "date": "2026-07-10", "close": 17.68, "volume": 21600, "typical_volume": 32215.0, "trend": 16.694197, "fair_value": 15.679681, "relative_strength": -3.011057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.601698, "energy": 72.131391, "activity_lines": [ 17.57937, 17.412256, 17.230012, 17.037863 ] }, { "date": "2026-07-17", "close": 17.389999, "volume": 85000, "typical_volume": 34330.0, "trend": 16.775284, "fair_value": 15.704048, "relative_strength": -4.017636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.937598, "energy": 54.959964, "activity_lines": [ 17.541883, 17.431731, 17.260303, 17.082754 ] }, { "date": "2026-07-24", "close": 17.549999, "volume": 33300, "typical_volume": 33825.0, "trend": 16.848508, "fair_value": 15.727842, "relative_strength": -2.933538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.560709, "energy": 43.447793, "activity_lines": [ 17.546183, 17.471065, 17.301814, 17.132735 ] }, { "date": "2026-07-31", "close": 17.860001, "volume": 42600, "typical_volume": 34270.0, "trend": 16.930643, "fair_value": 15.752824, "relative_strength": -0.357158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.188104, "energy": 46.427931, "activity_lines": [ 17.648, 17.558558, 17.36924, 17.197993 ] }, { "date": "2026-08-07", "close": 17.700001, "volume": 26700, "typical_volume": 33385.0, "trend": 16.991714, "fair_value": 15.773104, "relative_strength": -3.935149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.685203, "energy": 38.667549, "activity_lines": [ 17.67, 17.601868, 17.415312, 17.247629 ] } ], "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." } } }