{ "ticker": { "uuid": "e2bb4a2c-deb8-401a-bf47-89a1a173322b", "symbol": "BALY", "name": "Bally's Corp", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 3.537, "architecture_energy": 3.783, "architecture_maturity": 13.062, "architecture_confidence": 48.493, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 64.56, "rotation_up": 26.91, "upward_expansion": 26.95, "deceleration": 59.74, "rotation_down": 32.27, "downward_expansion": 24.61 }, "activity_lines": [ 13.676, 13.887273, 13.62119, 13.383097 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 13.45, "trend_reference": 13.508667, "distance_from_trend": -0.004343, "trend_direction": "Weakening", "fair_value": 13.879038, "distance_from_fair_value": -0.030913, "fair_value_direction": "Improving", "relative_strength": -13.803496, "relative_strength_direction": "Weakening", "price_momentum": -0.102735, "excess_performance": -0.22836, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.004343, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.07295, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.030913, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.051697, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.138035, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.021897, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.102735, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.253905, "read": "Demand-led" } ], "volume": { "latest": 216257, "relative_activity": 0.788919, "balance": 1.253905, "dry_up": 0.857548, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.15989, "annualized_volatility": 0.554159, "from_high_reference": -0.351488, "from_low_reference": 0.530148 }, "levels": { "trend_reference": 13.508667, "fair_value_reference": 13.879038, "structural_low": 9.0789, "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": 12, "median_return": 0.01531, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.030278, "regime_survival": 0.25, "best_return": 0.771084, "worst_return": -0.392269, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.039679, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.002017, "regime_survival": 0.142857, "best_return": 0.645968, "worst_return": -0.340776, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.130857, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.170399, "regime_survival": 0.0, "best_return": 0.269912, "worst_return": -0.429495, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.545712, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.428434, "regime_survival": 0.0, "best_return": 0.687382, "worst_return": -0.614179, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": 0.135135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-19", "end": "2024-07-19", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2025-02-07", "tenure": "Extended", "return": 0.074205, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": -0.228025, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-09-19", "tenure": "Extended", "return": -0.381743, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-09-26", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": 0.373303, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": -0.073815, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-02-27", "tenure": "Developing", "return": -0.112913, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-04-03", "tenure": "Developing", "return": -0.299201, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-05-29", "tenure": "Developing", "return": 0.312963, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": 0.108808, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": -0.123129, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.043385, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 14.82, "volume": 1033592, "typical_volume": 1406054.7, "trend": 17.002, "fair_value": 33.611282, "relative_strength": -28.998979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.454652, "energy": 29.112226, "activity_lines": [ 15.1, 15.203636, 15.312571, 15.969892 ] }, { "date": "2023-08-25", "close": 14.9, "volume": 833829, "typical_volume": 1410911.05, "trend": 16.845, "fair_value": 33.54109, "relative_strength": -28.361067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.158034, "energy": 36.001009, "activity_lines": [ 14.968, 15.151273, 15.231238, 15.83428 ] }, { "date": "2023-09-01", "close": 16.45, "volume": 1072226, "typical_volume": 1425308.65, "trend": 16.693, "fair_value": 33.503462, "relative_strength": -22.085236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.431087, "energy": 12.65451, "activity_lines": [ 15.402667, 15.383273, 15.314381, 15.808796 ] }, { "date": "2023-09-08", "close": 15.2, "volume": 696997, "typical_volume": 1416898.95, "trend": 16.562333, "fair_value": 33.453846, "relative_strength": -26.21607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.422243, "energy": 14.360557, "activity_lines": [ 15.402667, 15.352909, 15.28719, 15.712473 ] }, { "date": "2023-09-15", "close": 15.78, "volume": 1003584, "typical_volume": 1409950.1, "trend": 16.390333, "fair_value": 33.409872, "relative_strength": -22.397015, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.252536, "energy": 10.602365, "activity_lines": [ 15.578, 15.434545, 15.331143, 15.662 ] }, { "date": "2023-09-22", "close": 14.66, "volume": 819175, "typical_volume": 1369326.0, "trend": 16.271, "fair_value": 33.34141, "relative_strength": -25.039513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.096736, "energy": 14.52592, "activity_lines": [ 15.321333, 15.295818, 15.27519, 15.550366 ] }, { "date": "2023-09-29", "close": 13.11, "volume": 1702150, "typical_volume": 1360931.4, "trend": 16.021667, "fair_value": 33.249038, "relative_strength": -31.766645, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.779659, "energy": 49.488284, "activity_lines": [ 14.558667, 14.889091, 15.077143, 15.34643 ] }, { "date": "2023-10-06", "close": 10.5, "volume": 4793430, "typical_volume": 1505326.25, "trend": 15.747, "fair_value": 33.157692, "relative_strength": -44.798082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.936375, "energy": 80.826151, "activity_lines": [ 13.045333, 14.054, 14.637762, 14.990194 ] }, { "date": "2023-10-13", "close": 9.59, "volume": 2830762, "typical_volume": 1538976.8, "trend": 15.426667, "fair_value": 33.064679, "relative_strength": -49.065026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.796587, "energy": 92.467848, "activity_lines": [ 11.625333, 13.156727, 14.135048, 14.592968 ] }, { "date": "2023-10-20", "close": 8.8, "volume": 2134287, "typical_volume": 1549837.0, "trend": 15.119667, "fair_value": 32.963462, "relative_strength": -51.37211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.656127, "energy": 94.738428, "activity_lines": [ 10.316, 12.212909, 13.57581, 14.165441 ] }, { "date": "2023-10-27", "close": 8.65, "volume": 5811807, "typical_volume": 1763833.25, "trend": 14.757333, "fair_value": 32.863333, "relative_strength": -50.13349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.339882, "energy": 93.103647, "activity_lines": [ 9.422, 11.352727, 13.033333, 13.748043 ] }, { "date": "2023-11-03", "close": 9.32, "volume": 4157773, "typical_volume": 1885235.25, "trend": 14.453333, "fair_value": 32.749103, "relative_strength": -48.418571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.206114, "energy": 88.158428, "activity_lines": [ 9.152, 10.726545, 12.589905, 13.397247 ] }, { "date": "2023-11-10", "close": 10.06, "volume": 4580096, "typical_volume": 1967687.2, "trend": 14.179333, "fair_value": 32.628397, "relative_strength": -44.129913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.134006, "energy": 79.194835, "activity_lines": [ 9.381333, 10.336364, 12.24419, 13.113806 ] }, { "date": "2023-11-17", "close": 11.23, "volume": 4216944, "typical_volume": 2102814.3, "trend": 13.935667, "fair_value": 32.390128, "relative_strength": -37.91572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.027398, "energy": 55.418822, "activity_lines": [ 10.03, 10.275091, 12.031143, 12.923527 ] }, { "date": "2023-11-24", "close": 12.03, "volume": 2865987, "typical_volume": 2195719.0, "trend": 13.763333, "fair_value": 32.168526, "relative_strength": -33.021375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.089591, "energy": 34.994486, "activity_lines": [ 10.836, 10.431455, 11.914905, 12.800581 ] }, { "date": "2023-12-01", "close": 12.64, "volume": 2555410, "typical_volume": 2273486.65, "trend": 13.657333, "fair_value": 31.956538, "relative_strength": -29.032751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.583641, "energy": 27.801443, "activity_lines": [ 11.63, 10.766909, 11.870238, 12.728108 ] }, { "date": "2023-12-08", "close": 12.69, "volume": 2837832, "typical_volume": 2366924.8, "trend": 13.592667, "fair_value": 31.754615, "relative_strength": -27.819236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.778278, "energy": 28.433522, "activity_lines": [ 12.174667, 11.148182, 11.843571, 12.665699 ] }, { "date": "2023-12-15", "close": 14.68, "volume": 3038678, "typical_volume": 2455305.05, "trend": 13.568667, "fair_value": 31.557115, "relative_strength": -17.386667, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.755138, "energy": 23.283925, "activity_lines": [ 13.158, 11.898909, 12.020524, 12.735849 ] }, { "date": "2023-12-22", "close": 14.39, "volume": 2639126, "typical_volume": 2527463.9, "trend": 13.597667, "fair_value": 31.33641, "relative_strength": -18.890786, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.44499, "energy": 35.265612, "activity_lines": [ 13.736667, 12.520909, 12.177, 12.788839 ] }, { "date": "2023-12-29", "close": 13.94, "volume": 981937, "typical_volume": 2530281.1, "trend": 13.551667, "fair_value": 31.103782, "relative_strength": -20.802059, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.886351, "energy": 33.633265, "activity_lines": [ 13.954667, 12.973818, 12.29319, 12.810925 ] }, { "date": "2024-01-05", "close": 11.92, "volume": 1611430, "typical_volume": 2559173.0, "trend": 13.414, "fair_value": 30.876603, "relative_strength": -30.286017, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -6.083564, "energy": 22.011417, "activity_lines": [ 13.372, 12.966, 12.221571, 12.705656 ] }, { "date": "2024-01-12", "close": 10.62, "volume": 1610269, "typical_volume": 2597995.0, "trend": 13.266667, "fair_value": 30.608718, "relative_strength": -38.026179, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.324524, "energy": 18.59521, "activity_lines": [ 12.404, 12.662364, 12.039952, 12.525398 ] }, { "date": "2024-01-19", "close": 10.63, "volume": 1534784, "typical_volume": 2621122.9, "trend": 13.137, "fair_value": 30.335449, "relative_strength": -37.732554, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.800188, "energy": 34.840753, "activity_lines": [ 11.577333, 12.336909, 11.879667, 12.35529 ] }, { "date": "2024-01-26", "close": 11.53, "volume": 1374199, "typical_volume": 2654983.0, "trend": 13.002667, "fair_value": 30.072949, "relative_strength": -32.214149, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.215455, "energy": 36.69678, "activity_lines": [ 11.320667, 12.164727, 11.83281, 12.251613 ] }, { "date": "2024-02-02", "close": 11.29, "volume": 1250237, "typical_volume": 2667315.65, "trend": 12.883667, "fair_value": 29.793333, "relative_strength": -33.498078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.937906, "energy": 38.310465, "activity_lines": [ 11.174667, 11.943455, 11.780571, 12.141118 ] }, { "date": "2024-02-09", "close": 11.3, "volume": 1207445, "typical_volume": 2686729.15, "trend": 12.746333, "fair_value": 29.483654, "relative_strength": -33.415624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.466061, "energy": 44.426215, "activity_lines": [ 11.208667, 11.737455, 11.750667, 12.038946 ] }, { "date": "2024-02-16", "close": 11.01, "volume": 2035634, "typical_volume": 2703403.35, "trend": 12.591667, "fair_value": 29.169103, "relative_strength": -33.770395, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.076258, "energy": 33.698479, "activity_lines": [ 11.187333, 11.503091, 11.709143, 11.926925 ] }, { "date": "2024-02-23", "close": 10.25, "volume": 2343106, "typical_volume": 2580887.15, "trend": 12.394, "fair_value": 28.853269, "relative_strength": -38.410208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.266904, "energy": 40.638609, "activity_lines": [ 10.886667, 11.161091, 11.605238, 11.775849 ] }, { "date": "2024-03-01", "close": 10.68, "volume": 3394774, "typical_volume": 2609087.75, "trend": 12.252333, "fair_value": 28.539872, "relative_strength": -35.278623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.863884, "energy": 36.569956, "activity_lines": [ 10.754667, 10.977818, 11.543476, 11.665269 ] }, { "date": "2024-03-08", "close": 10.62, "volume": 2488923, "typical_volume": 2626819.55, "trend": 12.109667, "fair_value": 28.149103, "relative_strength": -34.380387, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.914665, "energy": 39.872395, "activity_lines": [ 10.659333, 10.851091, 11.47081, 11.559957 ] }, { "date": "2024-03-15", "close": 13.32, "volume": 7346900, "typical_volume": 2703574.2, "trend": 12.059667, "fair_value": 27.794103, "relative_strength": -16.443371, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.164657, "energy": 4.909228, "activity_lines": [ 11.508667, 11.275636, 11.646619, 11.638043 ] }, { "date": "2024-03-22", "close": 13.56, "volume": 2620479, "typical_volume": 2626709.5, "trend": 12.015, "fair_value": 27.433269, "relative_strength": -15.750719, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.708304, "energy": 21.623262, "activity_lines": [ 12.303333, 11.718364, 11.823048, 11.734839 ] }, { "date": "2024-03-29", "close": 13.94, "volume": 1837111, "typical_volume": 2489560.25, "trend": 11.931333, "fair_value": 27.104103, "relative_strength": -12.514111, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.165739, "energy": 43.839363, "activity_lines": [ 13.054667, 12.176727, 12.015476, 11.859032 ] }, { "date": "2024-04-05", "close": 13.49, "volume": 1833911, "typical_volume": 2370408.6, "trend": 11.874333, "fair_value": 26.795064, "relative_strength": -13.504821, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.632689, "energy": 64.751874, "activity_lines": [ 13.41, 12.493091, 12.146571, 11.959591 ] }, { "date": "2024-04-12", "close": 13.41, "volume": 2097017, "typical_volume": 2331960.1, "trend": 11.795333, "fair_value": 26.504231, "relative_strength": -11.685429, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.758465, "energy": 69.254236, "activity_lines": [ 13.551333, 12.759273, 12.259286, 12.058667 ] }, { "date": "2024-04-19", "close": 14.5, "volume": 2764013, "typical_volume": 2342390.25, "trend": 11.79, "fair_value": 26.218462, "relative_strength": -0.427841, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.700693, "energy": 72.123164, "activity_lines": [ 13.87, 13.185091, 12.469238, 12.233161 ] }, { "date": "2024-04-26", "close": 13.96, "volume": 2159985, "typical_volume": 2308497.9, "trend": 11.818333, "fair_value": 25.93641, "relative_strength": -5.713542, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.374243, "energy": 56.419809, "activity_lines": [ 13.93, 13.454545, 12.618905, 12.373161 ] }, { "date": "2024-05-03", "close": 13.02, "volume": 2264342, "typical_volume": 2269781.1, "trend": 11.902333, "fair_value": 25.646346, "relative_strength": -11.801348, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.286766, "energy": 37.412068, "activity_lines": [ 13.65, 13.499455, 12.673, 12.450688 ] }, { "date": "2024-05-10", "close": 12.81, "volume": 1450926, "typical_volume": 2210371.1, "trend": 12.009667, "fair_value": 25.385064, "relative_strength": -14.159328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.74419, "energy": 27.560972, "activity_lines": [ 13.361333, 13.455818, 12.715, 12.509247 ] }, { "date": "2024-05-17", "close": 13.12, "volume": 1318212, "typical_volume": 2227184.85, "trend": 12.153667, "fair_value": 25.128077, "relative_strength": -12.777431, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.499079, "energy": 19.642475, "activity_lines": [ 13.221333, 13.429818, 12.794048, 12.580882 ] }, { "date": "2024-05-24", "close": 12.1, "volume": 1530650, "typical_volume": 2223145.85, "trend": 12.268667, "fair_value": 24.833654, "relative_strength": -19.019558, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.55936, "energy": 16.497535, "activity_lines": [ 12.760667, 13.172909, 12.779857, 12.577419 ] }, { "date": "2024-05-31", "close": 12.15, "volume": 1353509, "typical_volume": 2210307.85, "trend": 12.363, "fair_value": 24.55359, "relative_strength": -17.620079, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.974677, "energy": 16.625061, "activity_lines": [ 12.476667, 12.947273, 12.769571, 12.569763 ] }, { "date": "2024-06-07", "close": 12.14, "volume": 775596, "typical_volume": 2172348.45, "trend": 12.432333, "fair_value": 24.293269, "relative_strength": -17.855933, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.943408, "energy": 16.291076, "activity_lines": [ 12.31, 12.745455, 12.751048, 12.555376 ] }, { "date": "2024-06-14", "close": 11.22, "volume": 880525, "typical_volume": 2147664.75, "trend": 12.432, "fair_value": 24.035128, "relative_strength": -24.578052, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.737901, "energy": 34.496617, "activity_lines": [ 11.895333, 12.409091, 12.637714, 12.477161 ] }, { "date": "2024-06-21", "close": 11.84, "volume": 938064, "typical_volume": 2132056.1, "trend": 12.425667, "fair_value": 23.767436, "relative_strength": -20.235616, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.105333, "energy": 37.907077, "activity_lines": [ 11.793333, 12.226727, 12.584905, 12.438968 ] }, { "date": "2024-06-28", "close": 11.97, "volume": 1987308, "typical_volume": 2171049.25, "trend": 12.403333, "fair_value": 23.508141, "relative_strength": -18.535233, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.16188, "energy": 34.584807, "activity_lines": [ 11.82, 12.096545, 12.541857, 12.40957 ] }, { "date": "2024-07-05", "close": 11.64, "volume": 701060, "typical_volume": 2104320.55, "trend": 12.368333, "fair_value": 23.249295, "relative_strength": -21.521812, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.219111, "energy": 39.862073, "activity_lines": [ 11.745333, 11.952364, 12.46419, 12.360323 ] }, { "date": "2024-07-12", "close": 13.44, "volume": 926675, "typical_volume": 2033499.0, "trend": 12.327, "fair_value": 23.033205, "relative_strength": -9.548969, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 19.002226, "energy": 9.78679, "activity_lines": [ 12.304667, 12.177636, 12.554952, 12.429462 ] }, { "date": "2024-07-19", "close": 13.8, "volume": 960170, "typical_volume": 1911768.8, "trend": 12.307333, "fair_value": 22.824423, "relative_strength": -4.576473, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.433693, "energy": 30.906973, "activity_lines": [ 12.897333, 12.460727, 12.66481, 12.524495 ] }, { "date": "2024-07-26", "close": 16.98, "volume": 12559285, "typical_volume": 2415286.9, "trend": 12.408667, "fair_value": 22.617564, "relative_strength": 18.803118, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.694833, "energy": 79.124985, "activity_lines": [ 14.378, 13.304, 13.062667, 12.825957 ] }, { "date": "2024-08-02", "close": 17.14, "volume": 4030979, "typical_volume": 2249490.85, "trend": 12.582667, "fair_value": 22.384615, "relative_strength": 22.674171, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.08995, "energy": 94.347462, "activity_lines": [ 15.569333, 14.106182, 13.445476, 13.131204 ] }, { "date": "2024-08-09", "close": 17.06, "volume": 5835576, "typical_volume": 2410245.7, "trend": 12.797333, "fair_value": 22.186218, "relative_strength": 22.251027, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.624686, "energy": 92.862801, "activity_lines": [ 16.389333, 14.802182, 13.802476, 13.420065 ] }, { "date": "2024-08-16", "close": 17.09, "volume": 1347374, "typical_volume": 2385758.85, "trend": 13.012667, "fair_value": 22.006923, "relative_strength": 18.067733, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.07943, "energy": 91.077242, "activity_lines": [ 16.858, 15.414364, 14.145667, 13.697011 ] }, { "date": "2024-08-23", "close": 17.1, "volume": 1628055, "typical_volume": 2375466.05, "trend": 13.198333, "fair_value": 21.784808, "relative_strength": 16.830839, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.130246, "energy": 89.215409, "activity_lines": [ 17.086667, 15.938364, 14.47481, 13.96071 ] }, { "date": "2024-08-30", "close": 17.2, "volume": 1160941, "typical_volume": 2328662.25, "trend": 13.395333, "fair_value": 21.587372, "relative_strength": 17.752581, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.441932, "energy": 88.686547, "activity_lines": [ 17.128667, 16.373636, 14.796286, 14.218882 ] }, { "date": "2024-09-06", "close": 17.16, "volume": 1244806, "typical_volume": 2252701.9, "trend": 13.590667, "fair_value": 21.394487, "relative_strength": 22.807589, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.71236, "energy": 81.201454, "activity_lines": [ 17.142667, 16.704182, 15.095905, 14.461763 ] }, { "date": "2024-09-13", "close": 17.31, "volume": 916743, "typical_volume": 2190539.8, "trend": 13.800667, "fair_value": 21.222308, "relative_strength": 19.567979, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.211664, "energy": 74.938809, "activity_lines": [ 17.205333, 16.967636, 15.397143, 14.70172 ] }, { "date": "2024-09-20", "close": 17.22, "volume": 2049366, "typical_volume": 2179791.0, "trend": 14.033, "fair_value": 21.005962, "relative_strength": 17.649233, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.191292, "energy": 65.545277, "activity_lines": [ 17.221333, 17.111636, 15.673857, 14.922323 ] }, { "date": "2024-09-27", "close": 17.23, "volume": 2260768, "typical_volume": 2220283.1, "trend": 14.251333, "fair_value": 20.776154, "relative_strength": 17.135915, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.64349, "energy": 64.559387, "activity_lines": [ 17.232, 17.188727, 15.931524, 15.128581 ] }, { "date": "2024-10-04", "close": 17.51, "volume": 3783867, "typical_volume": 2343565.85, "trend": 14.481, "fair_value": 20.560513, "relative_strength": 18.214957, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.496025, "energy": 65.762489, "activity_lines": [ 17.327333, 17.254364, 16.19481, 15.338817 ] }, { "date": "2024-10-11", "close": 17.49, "volume": 1480657, "typical_volume": 2341066.2, "trend": 14.62, "fair_value": 20.345321, "relative_strength": 16.074642, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.542717, "energy": 69.96938, "activity_lines": [ 17.395333, 17.306727, 16.435286, 15.532946 ] }, { "date": "2024-10-18", "close": 17.45, "volume": 2462191, "typical_volume": 2396500.3, "trend": 14.749667, "fair_value": 20.139872, "relative_strength": 14.084734, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.550181, "energy": 74.609884, "activity_lines": [ 17.428, 17.345455, 16.646286, 15.715527 ] }, { "date": "2024-10-25", "close": 17.36, "volume": 1418073, "typical_volume": 2428624.15, "trend": 14.863667, "fair_value": 19.9575, "relative_strength": 13.861753, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.762478, "energy": 87.52402, "activity_lines": [ 17.421333, 17.360727, 16.823476, 15.883935 ] }, { "date": "2024-11-01", "close": 17.47, "volume": 1408386, "typical_volume": 2455017.2, "trend": 14.996333, "fair_value": 19.779551, "relative_strength": 15.441302, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.816902, "energy": 88.815295, "activity_lines": [ 17.442, 17.391091, 16.986286, 16.052086 ] }, { "date": "2024-11-08", "close": 17.84, "volume": 3125640, "typical_volume": 2564396.0, "trend": 15.144, "fair_value": 19.598718, "relative_strength": 11.992746, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.559833, "energy": 95.695773, "activity_lines": [ 17.57, 17.482, 17.154571, 16.235548 ] }, { "date": "2024-11-15", "close": 17.78, "volume": 3196424, "typical_volume": 2624851.8, "trend": 15.253333, "fair_value": 19.430833, "relative_strength": 13.567912, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.965066, "energy": 92.341116, "activity_lines": [ 17.656, 17.550364, 17.288571, 16.405613 ] }, { "date": "2024-11-22", "close": 17.73, "volume": 1869349, "typical_volume": 2683266.25, "trend": 15.379, "fair_value": 19.280962, "relative_strength": 11.153161, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.595, "energy": 69.000403, "activity_lines": [ 17.706, 17.598364, 17.390143, 16.565398 ] }, { "date": "2024-11-29", "close": 17.73, "volume": 980615, "typical_volume": 2685963.25, "trend": 15.536, "fair_value": 19.155449, "relative_strength": 9.734771, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.887746, "energy": 67.598502, "activity_lines": [ 17.737333, 17.638727, 17.462714, 16.717075 ] }, { "date": "2024-12-06", "close": 17.74, "volume": 961932, "typical_volume": 2686051.35, "trend": 15.700333, "fair_value": 19.029167, "relative_strength": 8.749936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.199517, "energy": 66.127921, "activity_lines": [ 17.747333, 17.671636, 17.51581, 16.859269 ] }, { "date": "2024-12-13", "close": 17.79, "volume": 906018, "typical_volume": 2103388.0, "trend": 15.856, "fair_value": 18.920513, "relative_strength": 9.874008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.292791, "energy": 65.17913, "activity_lines": [ 17.756, 17.704364, 17.554905, 16.994086 ] }, { "date": "2024-12-20", "close": 17.78, "volume": 820477, "typical_volume": 1942862.9, "trend": 16.045333, "fair_value": 18.794038, "relative_strength": 11.921843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.503634, "energy": 64.104002, "activity_lines": [ 17.764667, 17.730182, 17.58919, 17.118215 ] }, { "date": "2024-12-27", "close": 17.83, "volume": 606506, "typical_volume": 1681409.4, "trend": 16.234667, "fair_value": 18.664359, "relative_strength": 11.487589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.165881, "energy": 63.631232, "activity_lines": [ 17.79, 17.759818, 17.62519, 17.233355 ] }, { "date": "2025-01-03", "close": 17.96, "volume": 1037305, "typical_volume": 1665905.95, "trend": 16.428667, "fair_value": 18.543141, "relative_strength": 12.515537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.511118, "energy": 68.796512, "activity_lines": [ 17.852, 17.806182, 17.669905, 17.344667 ] }, { "date": "2025-01-10", "close": 17.92, "volume": 1656673, "typical_volume": 1667336.85, "trend": 16.652, "fair_value": 18.442244, "relative_strength": 13.807149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.767628, "energy": 66.51676, "activity_lines": [ 17.885333, 17.834364, 17.706667, 17.440882 ] }, { "date": "2025-01-17", "close": 18.1, "volume": 1999688, "typical_volume": 1709274.2, "trend": 16.860667, "fair_value": 18.384487, "relative_strength": 11.035309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.508526, "energy": 69.887123, "activity_lines": [ 17.966667, 17.887091, 17.756667, 17.534301 ] }, { "date": "2025-01-24", "close": 18.13, "volume": 981953, "typical_volume": 1696131.55, "trend": 17.066, "fair_value": 18.269936, "relative_strength": 8.868758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.628347, "energy": 68.355017, "activity_lines": [ 18.037333, 17.940545, 17.805238, 17.616194 ] }, { "date": "2025-01-31", "close": 18.18, "volume": 2037659, "typical_volume": 1752177.35, "trend": 17.284, "fair_value": 18.153526, "relative_strength": 9.739306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.334427, "energy": 65.828007, "activity_lines": [ 18.101333, 17.996727, 17.853952, 17.688065 ] }, { "date": "2025-02-07", "close": 18.24, "volume": 1039005, "typical_volume": 1701659.3, "trend": 17.444, "fair_value": 18.038654, "relative_strength": 9.717039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.086219, "energy": 69.528035, "activity_lines": [ 18.162, 18.055636, 17.904238, 17.749742 ] }, { "date": "2025-02-14", "close": 15.7, "volume": 78546, "typical_volume": 1592548.2, "trend": 17.507333, "fair_value": 17.914615, "relative_strength": -7.165784, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -30.140084, "energy": 21.906204, "activity_lines": [ 17.357333, 17.643455, 17.707762, 17.637226 ] }, { "date": "2025-02-21", "close": 16.25, "volume": 42400, "typical_volume": 1405474.85, "trend": 17.483, "fair_value": 17.78641, "relative_strength": -2.798224, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.765769, "energy": 30.214177, "activity_lines": [ 16.884, 17.368364, 17.570952, 17.556108 ] }, { "date": "2025-02-28", "close": 18.0, "volume": 69833, "typical_volume": 1334933.65, "trend": 17.511667, "fair_value": 17.682564, "relative_strength": 8.027375, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.497759, "energy": 14.584912, "activity_lines": [ 17.117333, 17.439455, 17.60681, 17.589462 ] }, { "date": "2025-03-07", "close": 12.12, "volume": 52793, "typical_volume": 1214463.75, "trend": 17.347, "fair_value": 17.565705, "relative_strength": -24.956627, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.588167, "energy": 58.668144, "activity_lines": [ 15.399333, 16.437455, 17.080238, 17.241613 ] }, { "date": "2025-03-14", "close": 16.87, "volume": 455153, "typical_volume": 1166317.75, "trend": 17.339667, "fair_value": 17.472628, "relative_strength": 6.624142, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.578997, "energy": 47.970187, "activity_lines": [ 15.668667, 16.402909, 17.031429, 17.210839 ] }, { "date": "2025-03-21", "close": 18.25, "volume": 623439, "typical_volume": 1127070.4, "trend": 17.378, "fair_value": 17.394744, "relative_strength": 14.293218, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.049303, "energy": 21.207938, "activity_lines": [ 16.489333, 16.639091, 17.116381, 17.26957 ] }, { "date": "2025-03-28", "close": 11.9, "volume": 156965, "typical_volume": 978636.65, "trend": 17.201333, "fair_value": 17.2775, "relative_strength": -24.071276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.228131, "energy": 55.730527, "activity_lines": [ 15.023333, 15.714727, 16.592857, 16.916151 ] }, { "date": "2025-04-04", "close": 11.26, "volume": 111612, "typical_volume": 824396.05, "trend": 17.004667, "fair_value": 17.173333, "relative_strength": -20.771698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.681088, "energy": 44.637216, "activity_lines": [ 13.634, 14.786727, 16.036667, 16.532839 ] }, { "date": "2025-04-11", "close": 15.46, "volume": 190762, "typical_volume": 740466.7, "trend": 16.943, "fair_value": 17.085705, "relative_strength": 2.775038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.638872, "energy": 34.378599, "activity_lines": [ 14.094, 14.747273, 15.911524, 16.433183 ] }, { "date": "2025-04-18", "close": 18.04, "volume": 85554, "typical_volume": 695713.65, "trend": 16.970333, "fair_value": 17.015577, "relative_strength": 21.259882, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.560481, "energy": 24.916244, "activity_lines": [ 15.191333, 15.226364, 16.042905, 16.503957 ] }, { "date": "2025-04-25", "close": 14.33, "volume": 196508, "typical_volume": 657442.45, "trend": 16.873667, "fair_value": 16.916154, "relative_strength": -7.803876, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.660426, "energy": 23.525409, "activity_lines": [ 14.974, 15.034545, 15.819476, 16.333613 ] }, { "date": "2025-05-02", "close": 12.69, "volume": 331220, "typical_volume": 628702.55, "trend": 16.713, "fair_value": 16.812244, "relative_strength": -20.493402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.137573, "energy": 23.348824, "activity_lines": [ 14.471333, 14.569455, 15.456095, 16.063699 ] }, { "date": "2025-05-09", "close": 11.24, "volume": 521251, "typical_volume": 613741.25, "trend": 16.504667, "fair_value": 16.730641, "relative_strength": -29.03428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.435265, "energy": 31.076514, "activity_lines": [ 13.432667, 13.905455, 14.978905, 15.710602 ] }, { "date": "2025-05-16", "close": 11.07, "volume": 250473, "typical_volume": 595939.6, "trend": 16.292, "fair_value": 16.641346, "relative_strength": -33.324512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.443046, "energy": 56.26196, "activity_lines": [ 12.338667, 13.333455, 14.516667, 15.359978 ] }, { "date": "2025-05-23", "close": 10.52, "volume": 441676, "typical_volume": 566158.15, "trend": 16.064, "fair_value": 16.537885, "relative_strength": -34.762607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.188934, "energy": 62.540488, "activity_lines": [ 11.354, 12.680545, 14.034238, 14.987591 ] }, { "date": "2025-05-30", "close": 10.03, "volume": 604596, "typical_volume": 513554.3, "trend": 15.816, "fair_value": 16.425321, "relative_strength": -38.618441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.234899, "energy": 66.199076, "activity_lines": [ 10.707333, 12.054, 13.540571, 14.598301 ] }, { "date": "2025-06-06", "close": 9.75, "volume": 321942, "typical_volume": 429667.0, "trend": 15.546333, "fair_value": 16.335577, "relative_strength": -41.026908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.199538, "energy": 67.116318, "activity_lines": [ 10.254, 11.526, 13.05781, 14.206946 ] }, { "date": "2025-06-13", "close": 9.24, "volume": 216516, "typical_volume": 391395.15, "trend": 15.261667, "fair_value": 16.275513, "relative_strength": -43.697222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.510903, "energy": 68.987967, "activity_lines": [ 9.826667, 10.944364, 12.566238, 13.800086 ] }, { "date": "2025-06-20", "close": 9.9, "volume": 505434, "typical_volume": 314783.9, "trend": 15.000667, "fair_value": 16.206859, "relative_strength": -39.351994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.597065, "energy": 59.683575, "activity_lines": [ 9.752667, 10.519455, 12.179857, 13.454172 ] }, { "date": "2025-06-27", "close": 10.0, "volume": 1672844, "typical_volume": 346475.85, "trend": 14.743, "fair_value": 16.141346, "relative_strength": -40.544676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.313509, "energy": 57.388274, "activity_lines": [ 9.79, 10.213818, 11.842429, 13.131548 ] }, { "date": "2025-07-04", "close": 11.17, "volume": 780832, "typical_volume": 381590.15, "trend": 14.524, "fair_value": 16.083333, "relative_strength": -34.540288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.294048, "energy": 38.139477, "activity_lines": [ 10.252, 10.267091, 11.655667, 12.901032 ] }, { "date": "2025-07-11", "close": 10.97, "volume": 540707, "typical_volume": 406505.5, "trend": 14.296667, "fair_value": 16.016282, "relative_strength": -35.228848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.633122, "energy": 30.005915, "activity_lines": [ 10.571333, 10.341455, 11.471429, 12.671742 ] }, { "date": "2025-07-18", "close": 9.8, "volume": 407075, "typical_volume": 423367.6, "trend": 14.030667, "fair_value": 15.939423, "relative_strength": -42.098915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.728136, "energy": 30.454803, "activity_lines": [ 10.419333, 10.234364, 11.200905, 12.381634 ] }, { "date": "2025-07-25", "close": 9.97, "volume": 251323, "typical_volume": 433294.1, "trend": 13.768667, "fair_value": 15.8625, "relative_strength": -41.308181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.562085, "energy": 29.487607, "activity_lines": [ 10.286667, 10.184364, 10.985619, 12.119656 ] }, { "date": "2025-08-01", "close": 9.23, "volume": 264189, "typical_volume": 423745.9, "trend": 13.477667, "fair_value": 15.774615, "relative_strength": -43.59958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.999543, "energy": 46.469435, "activity_lines": [ 9.902667, 10.019818, 10.710095, 11.826839 ] }, { "date": "2025-08-08", "close": 9.6, "volume": 161033, "typical_volume": 400625.6, "trend": 13.200333, "fair_value": 15.670962, "relative_strength": -42.027593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.07309, "energy": 48.152902, "activity_lines": [ 9.693333, 9.946, 10.50619, 11.576667 ] }, { "date": "2025-08-15", "close": 9.33, "volume": 322367, "typical_volume": 408895.7, "trend": 12.908, "fair_value": 15.57109, "relative_strength": -43.507533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.193657, "energy": 48.418202, "activity_lines": [ 9.498667, 9.830909, 10.317762, 11.326968 ] }, { "date": "2025-08-22", "close": 9.91, "volume": 233226, "typical_volume": 414976.4, "trend": 12.634, "fair_value": 15.475513, "relative_strength": -39.46929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.561456, "energy": 40.78459, "activity_lines": [ 9.606667, 9.828909, 10.19681, 11.133548 ] }, { "date": "2025-08-29", "close": 9.95, "volume": 133050, "typical_volume": 412090.8, "trend": 12.359667, "fair_value": 15.387436, "relative_strength": -38.479173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.825839, "energy": 35.419141, "activity_lines": [ 9.720667, 9.822, 10.086095, 10.960387 ] }, { "date": "2025-09-05", "close": 9.24, "volume": 176428, "typical_volume": 416634.5, "trend": 12.059667, "fair_value": 15.285321, "relative_strength": -42.270942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.975904, "energy": 36.16447, "activity_lines": [ 9.599333, 9.685091, 9.934, 10.759118 ] }, { "date": "2025-09-12", "close": 9.92, "volume": 312708, "typical_volume": 422444.5, "trend": 11.867, "fair_value": 15.193782, "relative_strength": -38.207937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.922365, "energy": 24.922893, "activity_lines": [ 9.704, 9.685636, 9.888571, 10.621075 ] }, { "date": "2025-09-19", "close": 10.43, "volume": 2108899, "typical_volume": 511328.45, "trend": 11.673, "fair_value": 15.130128, "relative_strength": -35.061188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.249657, "energy": 19.753206, "activity_lines": [ 9.957333, 9.801636, 9.912714, 10.528366 ] }, { "date": "2025-09-26", "close": 10.79, "volume": 708314, "typical_volume": 520681.6, "trend": 11.432667, "fair_value": 15.072628, "relative_strength": -31.859371, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.626818, "energy": 8.410217, "activity_lines": [ 10.257333, 9.992909, 9.981905, 10.471398 ] }, { "date": "2025-10-03", "close": 13.26, "volume": 1489646, "typical_volume": 582640.25, "trend": 11.470667, "fair_value": 15.022692, "relative_strength": -16.439118, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 23.676686, "energy": 34.081122, "activity_lines": [ 11.322, 10.615273, 10.288476, 10.58929 ] }, { "date": "2025-10-10", "close": 13.11, "volume": 650283, "typical_volume": 593070.6, "trend": 11.345333, "fair_value": 14.980449, "relative_strength": -14.611328, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.073221, "energy": 63.960204, "activity_lines": [ 12.116, 11.150545, 10.570333, 10.695054 ] }, { "date": "2025-10-17", "close": 13.07, "volume": 498723, "typical_volume": 587776.95, "trend": 11.172667, "fair_value": 14.932821, "relative_strength": -15.601137, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.142023, "energy": 69.89611, "activity_lines": [ 12.638667, 11.608, 10.836048, 10.806323 ] }, { "date": "2025-10-24", "close": 19.11, "volume": 2141238, "typical_volume": 678741.75, "trend": 11.413, "fair_value": 14.910769, "relative_strength": 21.271412, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 68.809037, "energy": 85.381966, "activity_lines": [ 14.964667, 13.100545, 11.662524, 11.318409 ] }, { "date": "2025-10-31", "close": 18.21, "volume": 857712, "typical_volume": 710801.55, "trend": 11.644667, "fair_value": 14.893654, "relative_strength": 15.151024, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.667839, "energy": 94.965591, "activity_lines": [ 16.412, 14.251636, 12.358714, 11.756925 ] }, { "date": "2025-11-07", "close": 18.56, "volume": 621499, "typical_volume": 716604.8, "trend": 11.748, "fair_value": 14.863654, "relative_strength": 19.554263, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.020974, "energy": 92.876474, "activity_lines": [ 17.481333, 15.315455, 13.045524, 12.203075 ] }, { "date": "2025-11-14", "close": 17.17, "volume": 434925, "typical_volume": 654708.85, "trend": 11.719, "fair_value": 14.815256, "relative_strength": 10.919056, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.907318, "energy": 87.140836, "activity_lines": [ 17.734, 15.97, 13.558714, 12.552882 ] }, { "date": "2025-11-21", "close": 17.49, "volume": 401483, "typical_volume": 635741.4, "trend": 11.824333, "fair_value": 14.770897, "relative_strength": 15.544563, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.610838, "energy": 72.38852, "activity_lines": [ 17.822667, 16.538545, 14.068238, 12.925204 ] }, { "date": "2025-11-28", "close": 17.45, "volume": 505429, "typical_volume": 633977.5, "trend": 11.983, "fair_value": 14.724872, "relative_strength": 11.567744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.593872, "energy": 57.739704, "activity_lines": [ 17.603333, 16.962182, 14.543857, 13.288151 ] }, { "date": "2025-12-05", "close": 17.19, "volume": 1091905, "typical_volume": 668219.0, "trend": 12.181333, "fair_value": 14.690128, "relative_strength": 9.949772, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.431637, "energy": 48.48842, "activity_lines": [ 17.408, 17.210909, 14.963857, 13.624086 ] }, { "date": "2025-12-12", "close": 16.03, "volume": 550462, "typical_volume": 683175.95, "trend": 12.346667, "fair_value": 14.654744, "relative_strength": 3.67102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.835262, "energy": 36.6485, "activity_lines": [ 16.894, 17.132364, 15.23819, 13.872387 ] }, { "date": "2025-12-19", "close": 17.63, "volume": 1088305, "typical_volume": 724381.75, "trend": 12.583667, "fair_value": 14.643462, "relative_strength": 14.318536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.568158, "energy": 34.681566, "activity_lines": [ 17.082, 17.294364, 15.636048, 14.213247 ] }, { "date": "2025-12-26", "close": 17.76, "volume": 183826, "typical_volume": 725521.4, "trend": 12.841333, "fair_value": 14.633077, "relative_strength": 13.983891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.5478, "energy": 34.1178, "activity_lines": [ 17.282667, 17.397818, 16.006286, 14.547204 ] }, { "date": "2026-01-02", "close": 16.64, "volume": 216515, "typical_volume": 720228.8, "trend": 13.071, "fair_value": 14.614872, "relative_strength": 8.497813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.107739, "energy": 29.178802, "activity_lines": [ 17.092, 17.212364, 16.231, 14.79228 ] }, { "date": "2026-01-09", "close": 16.02, "volume": 344675, "typical_volume": 725801.25, "trend": 13.297, "fair_value": 14.584038, "relative_strength": 3.537725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.665792, "energy": 26.031054, "activity_lines": [ 16.748667, 16.959091, 16.361857, 14.982538 ] }, { "date": "2026-01-16", "close": 16.77, "volume": 487227, "typical_volume": 743510.1, "trend": 13.526, "fair_value": 14.563333, "relative_strength": 9.366219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.432127, "energy": 22.195417, "activity_lines": [ 16.733333, 16.882, 16.535048, 15.206602 ] }, { "date": "2026-01-23", "close": 16.5, "volume": 319577, "typical_volume": 750667.55, "trend": 13.742667, "fair_value": 14.543397, "relative_strength": 8.571517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.478983, "energy": 19.043789, "activity_lines": [ 16.578667, 16.788364, 16.650048, 15.398473 ] }, { "date": "2026-01-30", "close": 15.28, "volume": 377323, "typical_volume": 753898.3, "trend": 13.879667, "fair_value": 14.506667, "relative_strength": 0.891879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.355737, "energy": 12.834947, "activity_lines": [ 16.092667, 16.485091, 16.614286, 15.497656 ] }, { "date": "2026-02-06", "close": 14.99, "volume": 563231, "typical_volume": 676614.9, "trend": 14.013667, "fair_value": 14.480192, "relative_strength": -0.03799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.665242, "energy": 10.064632, "activity_lines": [ 15.675333, 16.169273, 16.525381, 15.56929 ] }, { "date": "2026-02-13", "close": 13.91, "volume": 515031, "typical_volume": 666950.75, "trend": 14.150667, "fair_value": 14.435128, "relative_strength": -5.560742, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.872602, "energy": 19.920007, "activity_lines": [ 15.008, 15.701818, 16.311905, 15.562602 ] }, { "date": "2026-02-20", "close": 14.41, "volume": 306284, "typical_volume": 607782.65, "trend": 14.298667, "fair_value": 14.410577, "relative_strength": -2.692765, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.601052, "energy": 24.677753, "activity_lines": [ 14.648, 15.384909, 16.13119, 15.579333 ] }, { "date": "2026-02-27", "close": 14.22, "volume": 348598, "typical_volume": 592698.4, "trend": 14.465, "fair_value": 14.369744, "relative_strength": -2.629532, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.265342, "energy": 38.10284, "activity_lines": [ 14.382, 15.062909, 15.926905, 15.574258 ] }, { "date": "2026-03-06", "close": 13.77, "volume": 579679, "typical_volume": 596746.2, "trend": 14.604, "fair_value": 14.337885, "relative_strength": -3.731751, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.545201, "energy": 44.427453, "activity_lines": [ 14.118, 14.721091, 15.674476, 15.529419 ] }, { "date": "2026-03-13", "close": 12.69, "volume": 639405, "typical_volume": 521654.55, "trend": 14.716, "fair_value": 14.296154, "relative_strength": -9.012267, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.289533, "energy": 51.783042, "activity_lines": [ 13.594667, 14.255455, 15.315857, 15.405935 ] }, { "date": "2026-03-20", "close": 12.04, "volume": 439196, "typical_volume": 500728.75, "trend": 14.787, "fair_value": 14.257885, "relative_strength": -10.941212, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.036951, "energy": 62.451702, "activity_lines": [ 13.008, 13.743455, 14.925905, 15.23329 ] }, { "date": "2026-03-27", "close": 10.53, "volume": 387501, "typical_volume": 489028.85, "trend": 14.806333, "fair_value": 14.200256, "relative_strength": -19.958575, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.123838, "energy": 73.174267, "activity_lines": [ 12.042667, 13.029273, 14.421524, 14.958645 ] }, { "date": "2026-04-03", "close": 9.65, "volume": 405577, "typical_volume": 487561.45, "trend": 14.82, "fair_value": 14.14391, "relative_strength": -28.561019, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.876051, "energy": 89.488076, "activity_lines": [ 11.042667, 12.268545, 13.871571, 14.625978 ] }, { "date": "2026-04-10", "close": 10.8, "volume": 296277, "typical_volume": 482301.15, "trend": 14.849333, "fair_value": 14.095962, "relative_strength": -21.850982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.68178, "energy": 83.068325, "activity_lines": [ 10.730667, 11.841455, 13.466952, 14.366624 ] }, { "date": "2026-04-17", "close": 11.87, "volume": 231784, "typical_volume": 468618.9, "trend": 14.897333, "fair_value": 14.053205, "relative_strength": -16.40053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.273835, "energy": 74.438878, "activity_lines": [ 10.973333, 11.690364, 13.196095, 14.174409 ] }, { "date": "2026-04-24", "close": 12.68, "volume": 225568, "typical_volume": 425302.05, "trend": 14.960333, "fair_value": 14.024231, "relative_strength": -10.433487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.363961, "energy": 47.757106, "activity_lines": [ 11.540667, 11.743273, 13.028952, 14.031355 ] }, { "date": "2026-05-01", "close": 13.24, "volume": 197771, "typical_volume": 407667.5, "trend": 14.959667, "fair_value": 14.007692, "relative_strength": -6.962935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.879723, "energy": 28.068447, "activity_lines": [ 12.252, 11.920364, 12.936619, 13.920366 ] }, { "date": "2026-05-08", "close": 12.84, "volume": 177711, "typical_volume": 362137.8, "trend": 14.950667, "fair_value": 13.996218, "relative_strength": -11.613818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.135855, "energy": 25.288795, "activity_lines": [ 12.649333, 12.046, 12.819476, 13.783613 ] }, { "date": "2026-05-15", "close": 11.64, "volume": 150392, "typical_volume": 360466.1, "trend": 14.903, "fair_value": 13.972115, "relative_strength": -19.799745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.468145, "energy": 25.266662, "activity_lines": [ 12.434, 11.978545, 12.610857, 13.570022 ] }, { "date": "2026-05-22", "close": 13.2, "volume": 359965, "typical_volume": 367638.6, "trend": 14.706, "fair_value": 13.970064, "relative_strength": -9.781115, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.579081, "energy": 20.25088, "activity_lines": [ 12.682667, 12.233455, 12.579952, 13.460151 ] }, { "date": "2026-05-29", "close": 14.18, "volume": 217723, "typical_volume": 361291.0, "trend": 14.571667, "fair_value": 13.962756, "relative_strength": -4.615027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.464311, "energy": 13.432719, "activity_lines": [ 13.169333, 12.657273, 12.658762, 13.426215 ] }, { "date": "2026-06-05", "close": 13.51, "volume": 179743, "typical_volume": 345916.8, "trend": 14.403333, "fair_value": 13.946474, "relative_strength": -6.958566, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.280964, "energy": 11.810228, "activity_lines": [ 13.332667, 12.920364, 12.682524, 13.35772 ] }, { "date": "2026-06-12", "close": 14.95, "volume": 283080, "typical_volume": 344091.95, "trend": 14.329333, "fair_value": 13.945897, "relative_strength": 1.92748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.978064, "energy": 19.789978, "activity_lines": [ 13.958, 13.391091, 12.858952, 13.392989 ] }, { "date": "2026-06-19", "close": 13.86, "volume": 231619, "typical_volume": 336806.75, "trend": 14.208333, "fair_value": 13.941667, "relative_strength": -6.529891, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.979564, "energy": 17.832111, "activity_lines": [ 14.079333, 13.567273, 12.938952, 13.36271 ] }, { "date": "2026-06-26", "close": 14.98, "volume": 618466, "typical_volume": 339568.5, "trend": 14.126, "fair_value": 13.937949, "relative_strength": 3.073107, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.222407, "energy": 35.639657, "activity_lines": [ 14.426, 13.891455, 13.132381, 13.412495 ] }, { "date": "2026-07-03", "close": 14.7, "volume": 256691, "typical_volume": 326651.5, "trend": 14.043, "fair_value": 13.936923, "relative_strength": -1.157844, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.805587, "energy": 34.842643, "activity_lines": [ 14.560667, 14.108182, 13.29919, 13.449527 ] }, { "date": "2026-07-10", "close": 12.89, "volume": 322215, "typical_volume": 327448.05, "trend": 13.938333, "fair_value": 13.920705, "relative_strength": -14.437156, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.878019, "energy": 9.787913, "activity_lines": [ 14.057333, 13.959091, 13.289857, 13.37514 ] }, { "date": "2026-07-17", "close": 14.06, "volume": 275252, "typical_volume": 323780.75, "trend": 13.819333, "fair_value": 13.910513, "relative_strength": -5.491601, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.074563, "energy": 9.800169, "activity_lines": [ 13.985333, 14.029091, 13.39919, 13.382989 ] }, { "date": "2026-07-24", "close": 13.72, "volume": 222640, "typical_volume": 305928.8, "trend": 13.684667, "fair_value": 13.894744, "relative_strength": -7.476914, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.806503, "energy": 5.642005, "activity_lines": [ 13.859333, 14.015091, 13.476905, 13.376581 ] }, { "date": "2026-07-31", "close": 13.93, "volume": 226128, "typical_volume": 285264.95, "trend": 13.594333, "fair_value": 13.888333, "relative_strength": -7.402068, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.189644, "energy": 6.770681, "activity_lines": [ 13.812667, 14.001455, 13.574857, 13.392409 ] }, { "date": "2026-08-07", "close": 13.45, "volume": 216257, "typical_volume": 274118.0, "trend": 13.508667, "fair_value": 13.879038, "relative_strength": -13.803496, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.536823, "energy": 3.782793, "activity_lines": [ 13.676, 13.887273, 13.62119, 13.383097 ] } ], "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." } } }