{ "ticker": { "uuid": "ef0b2e7d-4664-4673-8301-ed41391d8728", "symbol": "RAMANEWS", "name": "Shree Rama Newsprint Limited", "exchange": "NSI", "country": "IN", "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": "^NSEI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 63.532, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -11.685, "architecture_energy": 9.292, "architecture_maturity": 45.21, "architecture_confidence": 68.399, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 43.87, "rotation_up": 29.52, "upward_expansion": 19.54, "deceleration": 41.18, "rotation_down": 27.84, "downward_expansion": 60.54 }, "activity_lines": [ 30.104, 29.614909, 29.89319, 30.559097 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 33.080002, "trend_reference": 31.141666, "distance_from_trend": 0.062243, "trend_direction": "Weakening", "fair_value": 25.19109, "distance_from_fair_value": 0.313163, "fair_value_direction": "Weakening", "relative_strength": 7.338076, "relative_strength_direction": "Improving", "price_momentum": 0.08317, "excess_performance": 0.126879, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.062243, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.008753, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.313163, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.034444, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.073381, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.055661, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.08317, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.430501, "read": "Demand-led" } ], "volume": { "latest": 777463, "relative_activity": 4.245335, "balance": 1.430501, "dry_up": 1.434841, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.070691, "annualized_volatility": 0.441904, "from_high_reference": -0.212381, "from_low_reference": 0.222921 }, "levels": { "trend_reference": 31.141666, "fair_value_reference": 25.19109, "structural_low": 27.120001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": -0.003354, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.032077, "regime_survival": 0.761905, "best_return": 0.996037, "worst_return": -0.150869, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.003108, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.038575, "regime_survival": 0.5, "best_return": 0.740247, "worst_return": -0.153094, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.088844, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.088287, "regime_survival": 0.2, "best_return": 0.820623, "worst_return": -0.1875, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.564984, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.317667, "regime_survival": 0.666667, "best_return": 0.609442, "worst_return": -0.371968, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": -0.081967, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": -0.112698, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-02-14", "tenure": "Established", "return": 0.204619, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": 0.028127, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-07", "end": "2025-06-27", "tenure": "Established", "return": 0.238885, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-08-29", "tenure": "Developing", "return": -0.030246, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": 0.174941, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-17", "tenure": "New", "return": -0.053219, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2025-12-12", "tenure": "Developing", "return": 0.041082, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-03-06", "tenure": "Developing", "return": 0.172549, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-13", "end": "2026-05-08", "tenure": "Developing", "return": -0.126768, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.019231, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": -0.009811, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.138335, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.05, "volume": 815116, "typical_volume": 328432.6, "trend": 12.766667, "fair_value": 16.232051, "relative_strength": -13.038553, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.035072, "energy": 7.400548, "activity_lines": [ 12.73, 12.737273, 12.85881, 12.750538 ] }, { "date": "2023-08-25", "close": 13.45, "volume": 517009, "typical_volume": 339175.35, "trend": 12.738333, "fair_value": 16.220833, "relative_strength": -9.555997, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.925192, "energy": 22.937634, "activity_lines": [ 13.006667, 12.848182, 12.91619, 12.794624 ] }, { "date": "2023-09-01", "close": 13.05, "volume": 493475, "typical_volume": 325907.6, "trend": 12.711667, "fair_value": 16.215385, "relative_strength": -12.385991, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.896295, "energy": 25.796098, "activity_lines": [ 13.086667, 12.886364, 12.92881, 12.814731 ] }, { "date": "2023-09-08", "close": 16.25, "volume": 8273776, "typical_volume": 716942.9, "trend": 12.793333, "fair_value": 16.230128, "relative_strength": 7.461277, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.602495, "energy": 75.460941, "activity_lines": [ 14.186667, 13.507273, 13.245952, 13.043011 ] }, { "date": "2023-09-15", "close": 16.200001, "volume": 1114930, "typical_volume": 765509.15, "trend": 12.883333, "fair_value": 16.242308, "relative_strength": 5.570041, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.936087, "energy": 83.797212, "activity_lines": [ 15.006667, 14.063637, 13.539048, 13.262796 ] }, { "date": "2023-09-22", "close": 15.05, "volume": 343921, "typical_volume": 773850.9, "trend": 12.951667, "fair_value": 16.249359, "relative_strength": 1.063776, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.565054, "energy": 76.279029, "activity_lines": [ 15.223334, 14.350909, 13.706191, 13.402581 ] }, { "date": "2023-09-29", "close": 14.7, "volume": 388633, "typical_volume": 773072.55, "trend": 13.018333, "fair_value": 16.258974, "relative_strength": -0.706757, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.964383, "energy": 74.016072, "activity_lines": [ 15.19, 14.530909, 13.829524, 13.515376 ] }, { "date": "2023-10-06", "close": 15.05, "volume": 171143, "typical_volume": 768060.9, "trend": 13.131667, "fair_value": 16.269551, "relative_strength": 2.013257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.649039, "energy": 55.725127, "activity_lines": [ 15.19, 14.734546, 13.978333, 13.646452 ] }, { "date": "2023-10-13", "close": 15.55, "volume": 1133354, "typical_volume": 807769.05, "trend": 13.27, "fair_value": 16.286538, "relative_strength": 5.269374, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.278272, "energy": 42.622647, "activity_lines": [ 15.223333, 14.98, 14.164762, 13.802473 ] }, { "date": "2023-10-20", "close": 15.0, "volume": 532910, "typical_volume": 824984.0, "trend": 13.413333, "fair_value": 16.3, "relative_strength": 2.90881, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.841723, "energy": 34.612553, "activity_lines": [ 15.12, 15.066364, 14.289286, 13.914086 ] }, { "date": "2023-10-27", "close": 13.7, "volume": 990940, "typical_volume": 845645.75, "trend": 13.498333, "fair_value": 16.306731, "relative_strength": -3.122075, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.042031, "energy": 19.950162, "activity_lines": [ 14.663333, 14.878182, 14.280238, 13.932581 ] }, { "date": "2023-11-03", "close": 14.05, "volume": 1303701, "typical_volume": 895049.65, "trend": 13.565, "fair_value": 16.315385, "relative_strength": -1.20401, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.589241, "energy": 15.985546, "activity_lines": [ 14.413333, 14.741818, 14.302143, 13.968172 ] }, { "date": "2023-11-10", "close": 15.65, "volume": 3383802, "typical_volume": 1053886.1, "trend": 13.653333, "fair_value": 16.334936, "relative_strength": 9.12391, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.737338, "energy": 20.02665, "activity_lines": [ 14.74, 14.885455, 14.473571, 14.102688 ] }, { "date": "2023-11-17", "close": 15.5, "volume": 2629258, "typical_volume": 1179653.05, "trend": 13.763333, "fair_value": 16.347436, "relative_strength": 6.553894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.08224, "energy": 24.542653, "activity_lines": [ 14.976667, 14.954545, 14.618571, 14.221828 ] }, { "date": "2023-11-24", "close": 17.049999, "volume": 5160996, "typical_volume": 1427682.8, "trend": 13.906667, "fair_value": 16.371154, "relative_strength": 16.779938, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.937064, "energy": 46.536068, "activity_lines": [ 15.733333, 15.319091, 14.900238, 14.433871 ] }, { "date": "2023-12-01", "close": 16.15, "volume": 2450056, "typical_volume": 1543782.1, "trend": 14.016667, "fair_value": 16.384615, "relative_strength": 8.063539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.20601, "energy": 52.612089, "activity_lines": [ 16.053333, 15.504545, 15.076429, 14.578602 ] }, { "date": "2023-12-08", "close": 16.75, "volume": 1741432, "typical_volume": 1621567.2, "trend": 14.14, "fair_value": 16.399359, "relative_strength": 8.370928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.786799, "energy": 65.918166, "activity_lines": [ 16.41, 15.779091, 15.293095, 14.754946 ] }, { "date": "2023-12-15", "close": 16.200001, "volume": 782599, "typical_volume": 1652618.6, "trend": 14.248333, "fair_value": 16.402885, "relative_strength": 2.65323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.587104, "energy": 63.844492, "activity_lines": [ 16.403334, 15.916364, 15.437143, 14.88785 ] }, { "date": "2023-12-22", "close": 18.35, "volume": 6672951, "typical_volume": 1978207.45, "trend": 14.408333, "fair_value": 16.420192, "relative_strength": 16.723091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.077519, "energy": 68.757592, "activity_lines": [ 17.076667, 16.423636, 15.767619, 15.152473 ] }, { "date": "2023-12-29", "close": 17.5, "volume": 1195239, "typical_volume": 2004762.05, "trend": 14.56, "fair_value": 16.428526, "relative_strength": 9.489064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.994439, "energy": 59.735914, "activity_lines": [ 17.276667, 16.725455, 15.988333, 15.351936 ] }, { "date": "2024-01-05", "close": 19.25, "volume": 4826372, "typical_volume": 2205324.85, "trend": 14.761667, "fair_value": 16.451923, "relative_strength": 20.519571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.315652, "energy": 61.83259, "activity_lines": [ 18.03, 17.3, 16.35381, 15.654516 ] }, { "date": "2024-01-12", "close": 19.35, "volume": 2168015, "typical_volume": 2287875.15, "trend": 14.958333, "fair_value": 16.47532, "relative_strength": 20.038117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.230681, "energy": 70.863953, "activity_lines": [ 18.61, 17.791818, 16.699286, 15.950538 ] }, { "date": "2024-01-19", "close": 19.75, "volume": 1820574, "typical_volume": 2354230.1, "trend": 15.18, "fair_value": 16.508013, "relative_strength": 23.834374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.236527, "energy": 67.783763, "activity_lines": [ 19.15, 18.26, 17.054762, 16.259677 ] }, { "date": "2024-01-26", "close": 18.549999, "volume": 1335299, "typical_volume": 2007306.25, "trend": 15.358333, "fair_value": 16.532372, "relative_strength": 17.606811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.133185, "energy": 59.413667, "activity_lines": [ 19.053333, 18.435454, 17.264048, 16.477097 ] }, { "date": "2024-02-02", "close": 18.5, "volume": 2457517, "typical_volume": 2074435.6, "trend": 15.545, "fair_value": 16.55641, "relative_strength": 14.389019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.070708, "energy": 44.451142, "activity_lines": [ 18.926666, 18.546364, 17.457619, 16.679785 ] }, { "date": "2024-02-09", "close": 21.950001, "volume": 13228431, "typical_volume": 2718661.1, "trend": 15.855, "fair_value": 16.605128, "relative_strength": 35.339301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.999507, "energy": 52.334874, "activity_lines": [ 19.883333, 19.258182, 17.96881, 17.093011 ] }, { "date": "2024-02-16", "close": 21.25, "volume": 2285488, "typical_volume": 2813503.85, "trend": 16.146667, "fair_value": 16.65032, "relative_strength": 28.783866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.795826, "energy": 47.497916, "activity_lines": [ 20.426667, 19.737273, 18.380476, 17.441075 ] }, { "date": "2024-02-23", "close": 19.9, "volume": 1583130, "typical_volume": 2884103.2, "trend": 16.398333, "fair_value": 16.685256, "relative_strength": 19.204314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.550238, "energy": 43.769109, "activity_lines": [ 20.393333, 19.889091, 18.632381, 17.683226 ] }, { "date": "2024-03-01", "close": 19.15, "volume": 1534191, "typical_volume": 2904145.05, "trend": 16.626667, "fair_value": 16.7, "relative_strength": 13.670488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.518507, "energy": 39.982336, "activity_lines": [ 20.1, 19.837273, 18.789762, 17.860753 ] }, { "date": "2024-03-08", "close": 18.75, "volume": 1815983, "typical_volume": 2968298.7, "trend": 16.821667, "fair_value": 16.709936, "relative_strength": 10.068446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.029071, "energy": 25.551031, "activity_lines": [ 19.633333, 19.698182, 18.891905, 17.997742 ] }, { "date": "2024-03-15", "close": 15.9, "volume": 1234508, "typical_volume": 2980477.1, "trend": 16.916667, "fair_value": 16.708974, "relative_strength": -4.80285, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.8292, "energy": 13.04624, "activity_lines": [ 18.2, 19.018182, 18.704762, 17.93828 ] }, { "date": "2024-03-22", "close": 15.75, "volume": 1208367, "typical_volume": 2975710.4, "trend": 16.993333, "fair_value": 16.707692, "relative_strength": -6.207587, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -3.546795, "energy": 17.796544, "activity_lines": [ 17.12, 18.371818, 18.492857, 17.863011 ] }, { "date": "2024-03-29", "close": 14.65, "volume": 595484, "typical_volume": 2836294.5, "trend": 17.046667, "fair_value": 16.69391, "relative_strength": -13.687767, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.861642, "energy": 34.470601, "activity_lines": [ 16.04, 17.590909, 18.168095, 17.711828 ] }, { "date": "2024-04-05", "close": 20.85, "volume": 3738211, "typical_volume": 2891742.15, "trend": 17.2, "fair_value": 16.727885, "relative_strength": 21.08163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.635402, "energy": 22.485994, "activity_lines": [ 17.376667, 18.03, 18.438571, 17.957204 ] }, { "date": "2024-04-12", "close": 18.9, "volume": 1024454, "typical_volume": 2684915.05, "trend": 17.29, "fair_value": 16.754167, "relative_strength": 9.426781, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.738979, "energy": 10.582172, "activity_lines": [ 17.95, 18.072727, 18.497857, 18.066882 ] }, { "date": "2024-04-19", "close": 22.1, "volume": 4005539, "typical_volume": 2762689.2, "trend": 17.525, "fair_value": 16.800962, "relative_strength": 29.116122, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.031837, "energy": 28.734062, "activity_lines": [ 19.58, 18.69, 18.853095, 18.377204 ] }, { "date": "2024-04-26", "close": 21.6, "volume": 1183487, "typical_volume": 2734791.95, "trend": 17.755, "fair_value": 16.845833, "relative_strength": 23.864515, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.455467, "energy": 41.398218, "activity_lines": [ 20.63, 19.213636, 19.132381, 18.640108 ] }, { "date": "2024-05-03", "close": 22.6, "volume": 1353343, "typical_volume": 2763329.15, "trend": 18.006667, "fair_value": 16.883974, "relative_strength": 28.342592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.280322, "energy": 59.511245, "activity_lines": [ 21.623333, 19.912727, 19.48381, 18.952688 ] }, { "date": "2024-05-10", "close": 20.6, "volume": 581363, "typical_volume": 2458749.75, "trend": 18.175, "fair_value": 16.9125, "relative_strength": 18.571444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.904186, "energy": 59.607356, "activity_lines": [ 21.42, 20.199091, 19.614286, 19.12 ] }, { "date": "2024-05-17", "close": 21.450001, "volume": 514847, "typical_volume": 2424730.15, "trend": 18.39, "fair_value": 16.94391, "relative_strength": 20.489963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.508772, "energy": 51.945361, "activity_lines": [ 21.516667, 20.613637, 19.815, 19.33129 ] }, { "date": "2024-05-24", "close": 20.549999, "volume": 322710, "typical_volume": 2199547.05, "trend": 18.618333, "fair_value": 16.966026, "relative_strength": 12.521285, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.502466, "energy": 32.097403, "activity_lines": [ 21.143333, 20.815455, 19.91119, 19.470645 ] }, { "date": "2024-05-31", "close": 19.700001, "volume": 346619, "typical_volume": 2108477.25, "trend": 18.806667, "fair_value": 16.974679, "relative_strength": 9.443844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.329317, "energy": 18.682421, "activity_lines": [ 20.59, 20.778182, 19.920238, 19.54043 ] }, { "date": "2024-06-07", "close": 20.0, "volume": 632491, "typical_volume": 2049073.1, "trend": 18.951667, "fair_value": 16.975, "relative_strength": 7.106694, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.672171, "energy": 15.164396, "activity_lines": [ 20.263334, 20.723637, 19.956191, 19.617419 ] }, { "date": "2024-06-14", "close": 20.02, "volume": 429763, "typical_volume": 2003796.3, "trend": 19.102333, "fair_value": 16.981538, "relative_strength": 6.059268, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.025711, "energy": 15.351151, "activity_lines": [ 20.116667, 20.575455, 19.992857, 19.686344 ] }, { "date": "2024-06-21", "close": 19.459999, "volume": 399400, "typical_volume": 1900890.45, "trend": 19.182667, "fair_value": 16.974872, "relative_strength": 2.627176, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.131038, "energy": 14.121696, "activity_lines": [ 19.822, 20.340545, 19.96919, 19.709419 ] }, { "date": "2024-06-28", "close": 19.610001, "volume": 579482, "typical_volume": 1268443.0, "trend": 19.298, "fair_value": 16.973013, "relative_strength": 0.91387, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.204906, "energy": 12.655317, "activity_lines": [ 19.71, 20.122727, 19.955238, 19.736989 ] }, { "date": "2024-07-05", "close": 21.02, "volume": 1234136, "typical_volume": 1215875.4, "trend": 19.440333, "fair_value": 16.96, "relative_strength": 6.279551, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.735558, "energy": 14.378714, "activity_lines": [ 20.130667, 20.206546, 20.086714, 19.848086 ] }, { "date": "2024-07-12", "close": 21.1, "volume": 736371, "typical_volume": 1173537.45, "trend": 19.603667, "fair_value": 16.962885, "relative_strength": 5.372966, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.759212, "energy": 20.101998, "activity_lines": [ 20.49, 20.315455, 20.226905, 19.955161 ] }, { "date": "2024-07-19", "close": 20.07, "volume": 427595, "typical_volume": 1118207.65, "trend": 19.661, "fair_value": 16.959167, "relative_strength": -0.322416, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.034925, "energy": 20.175033, "activity_lines": [ 20.432667, 20.264364, 20.263286, 19.985247 ] }, { "date": "2024-07-26", "close": 21.25, "volume": 1731612, "typical_volume": 1113989.1, "trend": 19.786, "fair_value": 16.937051, "relative_strength": 3.694825, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.294441, "energy": 34.403393, "activity_lines": [ 20.765333, 20.437455, 20.407667, 20.087763 ] }, { "date": "2024-08-02", "close": 20.77, "volume": 452939, "typical_volume": 1074910.65, "trend": 19.836667, "fair_value": 16.924679, "relative_strength": 1.336788, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.511223, "energy": 31.272617, "activity_lines": [ 20.818667, 20.526909, 20.494429, 20.151247 ] }, { "date": "2024-08-09", "close": 21.83, "volume": 1525125, "typical_volume": 1090748.55, "trend": 19.919333, "fair_value": 16.927756, "relative_strength": 7.46131, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.92681, "energy": 36.33443, "activity_lines": [ 21.148, 20.805091, 20.658952, 20.27985 ] }, { "date": "2024-08-16", "close": 20.110001, "volume": 444155, "typical_volume": 1083182.1, "trend": 19.931333, "fair_value": 16.936795, "relative_strength": -2.030699, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.906917, "energy": 23.573471, "activity_lines": [ 20.85, 20.731818, 20.630714, 20.292151 ] }, { "date": "2024-08-23", "close": 22.25, "volume": 5469980, "typical_volume": 1169770.55, "trend": 20.054667, "fair_value": 16.958269, "relative_strength": 6.677117, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.314682, "energy": 29.838832, "activity_lines": [ 21.331334, 21.045637, 20.780286, 20.441742 ] }, { "date": "2024-08-30", "close": 20.98, "volume": 1184184, "typical_volume": 1177757.05, "trend": 20.137333, "fair_value": 16.967115, "relative_strength": -1.417827, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.440148, "energy": 22.802558, "activity_lines": [ 21.244, 21.088, 20.802238, 20.501441 ] }, { "date": "2024-09-06", "close": 21.969999, "volume": 1466865, "typical_volume": 1050823.35, "trend": 20.138, "fair_value": 16.985192, "relative_strength": 4.674995, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.819322, "energy": 24.98204, "activity_lines": [ 21.504666, 21.282727, 20.908571, 20.619677 ] }, { "date": "2024-09-13", "close": 21.959999, "volume": 785855, "typical_volume": 1030941.75, "trend": 20.161667, "fair_value": 17.00609, "relative_strength": 2.397596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.077943, "energy": 34.065624, "activity_lines": [ 21.681999, 21.432727, 21.014571, 20.737226 ] }, { "date": "2024-09-20", "close": 21.09, "volume": 585681, "typical_volume": 992558.65, "trend": 20.201333, "fair_value": 17.025256, "relative_strength": -3.431557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.483631, "energy": 21.977037, "activity_lines": [ 21.560666, 21.407454, 21.036, 20.797118 ] }, { "date": "2024-09-27", "close": 20.16, "volume": 575734, "typical_volume": 992277.2, "trend": 20.235, "fair_value": 17.028846, "relative_strength": -9.102523, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.003901, "energy": 11.840266, "activity_lines": [ 21.064, 21.213273, 20.976048, 20.794452 ] }, { "date": "2024-10-04", "close": 19.610001, "volume": 584791, "typical_volume": 995774.4, "trend": 20.263667, "fair_value": 17.024744, "relative_strength": -7.504962, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.669698, "energy": 10.775148, "activity_lines": [ 20.523333, 20.917455, 20.86581, 20.754129 ] }, { "date": "2024-10-11", "close": 19.92, "volume": 530538, "typical_volume": 1006165.8, "trend": 20.397667, "fair_value": 17.018462, "relative_strength": -5.876008, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.657521, "energy": 12.857491, "activity_lines": [ 20.177334, 20.707818, 20.793857, 20.731957 ] }, { "date": "2024-10-18", "close": 19.059999, "volume": 317626, "typical_volume": 1004716.15, "trend": 20.508, "fair_value": 17.017244, "relative_strength": -9.538899, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.236379, "energy": 26.743741, "activity_lines": [ 19.681333, 20.357273, 20.643, 20.645656 ] }, { "date": "2024-10-25", "close": 17.4, "volume": 327132, "typical_volume": 989448.2, "trend": 20.599667, "fair_value": 17.008269, "relative_strength": -15.118774, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.550587, "energy": 60.673297, "activity_lines": [ 18.825333, 19.755273, 20.337095, 20.44514 ] }, { "date": "2024-11-01", "close": 18.620001, "volume": 259716, "typical_volume": 980945.85, "trend": 20.525333, "fair_value": 17.005513, "relative_strength": -9.701807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.58787, "energy": 56.907869, "activity_lines": [ 18.622, 19.424364, 20.159762, 20.317419 ] }, { "date": "2024-11-08", "close": 18.77, "volume": 326669, "typical_volume": 977309.3, "trend": 20.521, "fair_value": 16.985128, "relative_strength": -8.326842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.02753, "energy": 56.692227, "activity_lines": [ 18.571333, 19.186727, 20.003381, 20.204172 ] }, { "date": "2024-11-15", "close": 17.58, "volume": 147474, "typical_volume": 955708.9, "trend": 20.370333, "fair_value": 16.969936, "relative_strength": -11.816146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.918956, "energy": 60.351172, "activity_lines": [ 18.18, 18.772909, 19.736952, 20.01443 ] }, { "date": "2024-11-22", "close": 16.709999, "volume": 202653, "typical_volume": 904134.75, "trend": 20.207333, "fair_value": 16.954936, "relative_strength": -17.188113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.125617, "energy": 66.081512, "activity_lines": [ 17.654666, 18.280727, 19.397333, 19.77828 ] }, { "date": "2024-11-29", "close": 17.889999, "volume": 208669, "typical_volume": 877749.65, "trend": 20.050333, "fair_value": 16.950064, "relative_strength": -12.051544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.763437, "energy": 59.23466, "activity_lines": [ 17.679333, 18.098545, 19.190619, 19.628774 ] }, { "date": "2024-12-06", "close": 19.15, "volume": 430221, "typical_volume": 877880.95, "trend": 20.002, "fair_value": 16.940769, "relative_strength": -7.89502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.559279, "energy": 42.37343, "activity_lines": [ 18.091333, 18.203636, 19.11919, 19.570688 ] }, { "date": "2024-12-13", "close": 19.0, "volume": 484951, "typical_volume": 815547.9, "trend": 19.920333, "fair_value": 16.939167, "relative_strength": -8.975509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.43081, "energy": 25.814506, "activity_lines": [ 18.418, 18.299818, 19.037857, 19.506043 ] }, { "date": "2024-12-20", "close": 18.75, "volume": 403532, "typical_volume": 813077.55, "trend": 19.860333, "fair_value": 16.942372, "relative_strength": -5.537189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.459268, "energy": 18.747304, "activity_lines": [ 18.646, 18.361636, 18.943428, 19.430538 ] }, { "date": "2024-12-27", "close": 17.83, "volume": 155466, "typical_volume": 744594.6, "trend": 19.798, "fair_value": 16.927179, "relative_strength": -10.909165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.122056, "energy": 20.339527, "activity_lines": [ 18.489333, 18.277454, 18.771, 19.299548 ] }, { "date": "2025-01-03", "close": 18.299999, "volume": 178964, "typical_volume": 731335.05, "trend": 19.741333, "fair_value": 16.910833, "relative_strength": -9.030867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.882011, "energy": 18.580267, "activity_lines": [ 18.414666, 18.301091, 18.662381, 19.202903 ] }, { "date": "2025-01-10", "close": 17.200001, "volume": 216500, "typical_volume": 468661.05, "trend": 19.647333, "fair_value": 16.884231, "relative_strength": -12.105175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.994375, "energy": 33.545451, "activity_lines": [ 17.946, 18.108364, 18.457619, 19.038946 ] }, { "date": "2025-01-17", "close": 16.879999, "volume": 316168, "typical_volume": 425260.25, "trend": 19.561333, "fair_value": 16.862308, "relative_strength": -12.517191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.089823, "energy": 48.033913, "activity_lines": [ 17.500666, 17.883272, 18.246428, 18.860408 ] }, { "date": "2025-01-24", "close": 15.14, "volume": 362763, "typical_volume": 370055.15, "trend": 19.412333, "fair_value": 16.833397, "relative_strength": -20.767306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.591933, "energy": 68.755558, "activity_lines": [ 16.616666, 17.376182, 17.889047, 18.575161 ] }, { "date": "2025-01-31", "close": 19.48, "volume": 1306072, "typical_volume": 396066.0, "trend": 19.361, "fair_value": 16.826218, "relative_strength": 0.182154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.896025, "energy": 32.440073, "activity_lines": [ 17.42, 17.702545, 17.977524, 18.579527 ] }, { "date": "2025-02-07", "close": 19.5, "volume": 790648, "typical_volume": 406314.35, "trend": 19.307667, "fair_value": 16.825256, "relative_strength": 0.486154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.477796, "energy": 13.414389, "activity_lines": [ 18.12, 17.982182, 18.079714, 18.588494 ] }, { "date": "2025-02-14", "close": 22.43, "volume": 2920959, "typical_volume": 523575.6, "trend": 19.386333, "fair_value": 16.848205, "relative_strength": 18.725069, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 31.40179, "energy": 25.668317, "activity_lines": [ 19.716667, 18.765273, 18.468524, 18.789935 ] }, { "date": "2025-02-21", "close": 30.219999, "volume": 3816864, "typical_volume": 685179.25, "trend": 19.685333, "fair_value": 16.928141, "relative_strength": 59.29636, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 62.40802, "energy": 67.800381, "activity_lines": [ 23.561333, 20.905091, 19.588428, 19.488882 ] }, { "date": "2025-02-28", "close": 31.07, "volume": 5893348, "typical_volume": 953319.75, "trend": 20.028667, "fair_value": 17.017372, "relative_strength": 66.638872, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.740113, "energy": 93.188323, "activity_lines": [ 26.8, 22.995454, 20.738762, 20.223376 ] }, { "date": "2025-03-07", "close": 26.540001, "volume": 512524, "typical_volume": 963064.65, "trend": 20.185667, "fair_value": 17.06859, "relative_strength": 38.557582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.108264, "energy": 83.911946, "activity_lines": [ 27.466667, 24.038182, 21.404571, 20.643462 ] }, { "date": "2025-03-14", "close": 25.0, "volume": 1089766, "typical_volume": 1001196.35, "trend": 20.348667, "fair_value": 17.103846, "relative_strength": 30.259894, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.935246, "energy": 79.397684, "activity_lines": [ 27.149333, 24.642545, 21.888095, 20.954064 ] }, { "date": "2025-03-21", "close": 28.059999, "volume": 262399, "typical_volume": 1001330.5, "trend": 20.542333, "fair_value": 17.169936, "relative_strength": 38.713425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.722397, "energy": 60.696956, "activity_lines": [ 27.485333, 25.681454, 22.626857, 21.45157 ] }, { "date": "2025-03-28", "close": 32.810001, "volume": 238891, "typical_volume": 996941.6, "trend": 20.936667, "fair_value": 17.266795, "relative_strength": 58.431226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.960916, "energy": 59.566079, "activity_lines": [ 29.029334, 27.386546, 23.773048, 22.243032 ] }, { "date": "2025-04-04", "close": 35.490002, "volume": 107007, "typical_volume": 994918.25, "trend": 21.387333, "fair_value": 17.362885, "relative_strength": 73.609354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.855438, "energy": 65.749628, "activity_lines": [ 31.294001, 29.289273, 25.107619, 23.181957 ] }, { "date": "2025-04-11", "close": 38.389999, "volume": 268887, "typical_volume": 998229.95, "trend": 21.935, "fair_value": 17.483013, "relative_strength": 85.060864, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.09226, "energy": 89.790426, "activity_lines": [ 34.230667, 31.349273, 26.633095, 24.278903 ] }, { "date": "2025-04-18", "close": 40.720001, "volume": 75796, "typical_volume": 991586.3, "trend": 22.589333, "fair_value": 17.611987, "relative_strength": 85.094353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.859237, "energy": 93.102778, "activity_lines": [ 37.154001, 33.489091, 28.277238, 25.490839 ] }, { "date": "2025-04-25", "close": 36.779999, "volume": 1169639, "typical_volume": 1028557.2, "trend": 23.143333, "fair_value": 17.726923, "relative_strength": 63.942931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.632474, "energy": 86.172644, "activity_lines": [ 37.716, 34.526727, 29.437429, 26.406366 ] }, { "date": "2025-05-02", "close": 33.900002, "volume": 343729, "typical_volume": 1021496.1, "trend": 23.619667, "fair_value": 17.830449, "relative_strength": 48.018141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.51377, "energy": 76.607895, "activity_lines": [ 36.736667, 34.779819, 30.239381, 27.100344 ] }, { "date": "2025-05-09", "close": 33.950001, "volume": 1714732, "typical_volume": 1087056.1, "trend": 24.087333, "fair_value": 17.941667, "relative_strength": 48.866658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.490769, "energy": 54.446847, "activity_lines": [ 35.701334, 34.975092, 30.975143, 27.766817 ] }, { "date": "2025-05-16", "close": 37.5, "volume": 1579224, "typical_volume": 1158244.0, "trend": 24.702, "fair_value": 18.06859, "relative_strength": 56.064425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.560849, "energy": 49.345526, "activity_lines": [ 35.952001, 35.763455, 31.976619, 28.632151 ] }, { "date": "2025-05-23", "close": 40.580002, "volume": 154068, "typical_volume": 1156999.2, "trend": 25.474667, "fair_value": 18.220705, "relative_strength": 67.540272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.998673, "energy": 57.426623, "activity_lines": [ 37.288668, 36.912546, 33.177762, 29.656538 ] }, { "date": "2025-05-30", "close": 43.029999, "volume": 907413, "typical_volume": 1191544.85, "trend": 26.288333, "fair_value": 18.393013, "relative_strength": 75.399809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.399876, "energy": 67.122905, "activity_lines": [ 39.451334, 38.223819, 34.506143, 30.78914 ] }, { "date": "2025-06-06", "close": 38.869999, "volume": 228944, "typical_volume": 1187183.65, "trend": 26.958333, "fair_value": 18.539295, "relative_strength": 54.754211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.633945, "energy": 76.532126, "activity_lines": [ 39.810667, 38.506546, 35.315334, 31.60086 ] }, { "date": "2025-06-13", "close": 36.540001, "volume": 522518, "typical_volume": 1195171.4, "trend": 27.590333, "fair_value": 18.675769, "relative_strength": 45.41182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.509972, "energy": 68.942366, "activity_lines": [ 39.062, 38.255455, 35.797905, 32.219032 ] }, { "date": "2025-06-20", "close": 33.0, "volume": 1296826, "typical_volume": 1194709.1, "trend": 28.133333, "fair_value": 18.789231, "relative_strength": 28.087235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.334569, "energy": 39.391497, "activity_lines": [ 36.960667, 37.341637, 35.841429, 32.568043 ] }, { "date": "2025-06-27", "close": 32.880001, "volume": 1330785, "typical_volume": 1221715.95, "trend": 28.633, "fair_value": 18.901282, "relative_strength": 23.924179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.897061, "energy": 26.747279, "activity_lines": [ 35.119334, 36.504, 35.809143, 32.87428 ] }, { "date": "2025-07-04", "close": 32.07, "volume": 913859, "typical_volume": 1121360.95, "trend": 29.063667, "fair_value": 19.003654, "relative_strength": 20.822881, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.961911, "energy": 24.905257, "activity_lines": [ 33.521334, 35.661637, 35.636, 33.096022 ] }, { "date": "2025-07-11", "close": 31.75, "volume": 207179, "typical_volume": 940876.7, "trend": 29.488667, "fair_value": 19.105256, "relative_strength": 20.207351, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.863391, "energy": 23.490095, "activity_lines": [ 32.547334, 34.846727, 35.386477, 33.269334 ] }, { "date": "2025-07-18", "close": 36.939999, "volume": 509259, "typical_volume": 671672.25, "trend": 30.095, "fair_value": 19.239167, "relative_strength": 39.187843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.239497, "energy": 19.470731, "activity_lines": [ 33.778, 35.014545, 35.623953, 33.750065 ] }, { "date": "2025-07-25", "close": 33.119999, "volume": 638749, "typical_volume": 677983.5, "trend": 30.604667, "fair_value": 19.349872, "relative_strength": 24.379237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.397503, "energy": 11.336535, "activity_lines": [ 33.708666, 34.433454, 35.469667, 33.945226 ] }, { "date": "2025-08-01", "close": 33.599998, "volume": 170124, "typical_volume": 632001.4, "trend": 31.114667, "fair_value": 19.460128, "relative_strength": 26.381403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.383357, "energy": 7.718978, "activity_lines": [ 33.791332, 34.019272, 35.329762, 34.138473 ] }, { "date": "2025-08-08", "close": 33.0, "volume": 61688, "typical_volume": 621965.85, "trend": 31.641333, "fair_value": 19.567179, "relative_strength": 24.142297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.076067, "energy": 9.291162, "activity_lines": [ 33.625999, 33.622909, 35.091762, 34.260108 ] }, { "date": "2025-08-15", "close": 31.059999, "volume": 36665, "typical_volume": 611854.55, "trend": 32.114, "fair_value": 19.659551, "relative_strength": 14.680398, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -9.869577, "energy": 19.361803, "activity_lines": [ 32.751999, 33.056181, 34.645476, 34.222602 ] }, { "date": "2025-08-22", "close": 32.869999, "volume": 111366, "typical_volume": 612072.5, "trend": 32.705, "fair_value": 19.760962, "relative_strength": 19.310498, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.360312, "energy": 22.863497, "activity_lines": [ 32.527332, 32.960545, 34.379904, 34.271376 ] }, { "date": "2025-08-29", "close": 31.1, "volume": 147582, "typical_volume": 606007.25, "trend": 33.092333, "fair_value": 19.852628, "relative_strength": 14.059369, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.871578, "energy": 39.913303, "activity_lines": [ 31.983999, 32.609818, 33.958238, 34.167828 ] }, { "date": "2025-09-05", "close": 29.610001, "volume": 159474, "typical_volume": 610191.15, "trend": 33.429333, "fair_value": 19.928333, "relative_strength": 6.641276, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.026138, "energy": 52.76692, "activity_lines": [ 31.078667, 32.022727, 33.429381, 33.943161 ] }, { "date": "2025-09-12", "close": 31.030001, "volume": 115643, "typical_volume": 557491.35, "trend": 33.716, "fair_value": 20.019551, "relative_strength": 9.402897, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.027493, "energy": 44.396519, "activity_lines": [ 30.912667, 31.753273, 33.088667, 33.788366 ] }, { "date": "2025-09-19", "close": 34.790001, "volume": 1358846, "typical_volume": 608247.2, "trend": 33.868333, "fair_value": 20.14, "relative_strength": 20.487261, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -41.758238, "energy": 25.824267, "activity_lines": [ 32.131334, 32.186364, 33.133429, 33.857656 ] }, { "date": "2025-09-26", "close": 31.379999, "volume": 725319, "typical_volume": 558776.55, "trend": 33.878667, "fair_value": 20.241795, "relative_strength": 10.702501, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.883653, "energy": 24.806613, "activity_lines": [ 31.964667, 31.944182, 32.84919, 33.697118 ] }, { "date": "2025-10-03", "close": 33.099998, "volume": 209728, "typical_volume": 490301.75, "trend": 34.097333, "fair_value": 20.350449, "relative_strength": 14.600681, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.934576, "energy": 17.216541, "activity_lines": [ 32.470666, 32.115818, 32.741, 33.646882 ] }, { "date": "2025-10-10", "close": 31.49, "volume": 162816, "typical_volume": 490739.15, "trend": 34.313667, "fair_value": 20.449744, "relative_strength": 6.549877, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.03577, "energy": 18.655659, "activity_lines": [ 32.306666, 31.995091, 32.500428, 33.478666 ] }, { "date": "2025-10-17", "close": 29.709999, "volume": 378556, "typical_volume": 464296.3, "trend": 34.368667, "fair_value": 20.541795, "relative_strength": -1.761057, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.883489, "energy": 34.750729, "activity_lines": [ 31.423999, 31.589091, 32.133619, 33.181656 ] }, { "date": "2025-10-24", "close": 29.940001, "volume": 77442, "typical_volume": 456721.2, "trend": 34.273, "fair_value": 20.631474, "relative_strength": -2.034378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.484908, "energy": 45.549971, "activity_lines": [ 30.706, 31.284727, 31.852143, 32.895935 ] }, { "date": "2025-10-31", "close": 29.139999, "volume": 138472, "typical_volume": 437518.9, "trend": 34.061333, "fair_value": 20.715705, "relative_strength": -4.947101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.278318, "energy": 58.164285, "activity_lines": [ 30.044666, 30.855272, 31.537, 32.564774 ] }, { "date": "2025-11-07", "close": 28.16, "volume": 101130, "typical_volume": 377734.1, "trend": 33.720333, "fair_value": 20.793974, "relative_strength": -7.802764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.262477, "energy": 65.399632, "activity_lines": [ 29.206, 30.315454, 31.163762, 32.184043 ] }, { "date": "2025-11-14", "close": 29.290001, "volume": 182118, "typical_volume": 320300.75, "trend": 33.339333, "fair_value": 20.883013, "relative_strength": -6.226309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.500143, "energy": 55.304794, "activity_lines": [ 29.073334, 30.034545, 30.92119, 31.898215 ] }, { "date": "2025-11-21", "close": 29.129999, "volume": 367965, "typical_volume": 293006.05, "trend": 33.084333, "fair_value": 20.969744, "relative_strength": -7.91893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.917531, "energy": 41.651174, "activity_lines": [ 29.034, 29.730363, 30.680476, 31.626645 ] }, { "date": "2025-11-28", "close": 30.209999, "volume": 392647, "typical_volume": 302279.45, "trend": 32.961333, "fair_value": 21.066603, "relative_strength": -5.611852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.614439, "energy": 32.439512, "activity_lines": [ 29.393333, 29.657091, 30.556619, 31.441204 ] }, { "date": "2025-12-05", "close": 30.139999, "volume": 163403, "typical_volume": 284986.65, "trend": 32.834333, "fair_value": 21.163333, "relative_strength": -6.324249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.852319, "energy": 21.929083, "activity_lines": [ 29.711333, 29.654363, 30.433428, 31.259182 ] }, { "date": "2025-12-12", "close": 31.17, "volume": 254977, "typical_volume": 265798.05, "trend": 32.623333, "fair_value": 21.265064, "relative_strength": -3.254608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.928983, "energy": 14.727682, "activity_lines": [ 30.305999, 29.861454, 30.440714, 31.151806 ] }, { "date": "2025-12-19", "close": 30.6, "volume": 185164, "typical_volume": 266550.05, "trend": 32.290666, "fair_value": 21.368269, "relative_strength": -5.293867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.387656, "energy": 14.891373, "activity_lines": [ 30.51, 30.0, 30.403, 31.021269 ] }, { "date": "2025-12-26", "close": 30.940001, "volume": 157335, "typical_volume": 271332.4, "trend": 31.887666, "fair_value": 21.467885, "relative_strength": -5.164572, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.9096, "energy": 14.133004, "activity_lines": [ 30.74, 30.216545, 30.411952, 30.934129 ] }, { "date": "2026-01-02", "close": 31.809999, "volume": 261304, "typical_volume": 282564.35, "trend": 31.652333, "fair_value": 21.571474, "relative_strength": -4.213535, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.473819, "energy": 9.315845, "activity_lines": [ 31.139333, 30.568909, 30.513571, 30.929118 ] }, { "date": "2026-01-09", "close": 30.91, "volume": 88395, "typical_volume": 281415.8, "trend": 31.464666, "fair_value": 21.671218, "relative_strength": -5.263296, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.4967, "energy": 9.83094, "activity_lines": [ 31.132, 30.723636, 30.525905, 30.881226 ] }, { "date": "2026-01-16", "close": 30.629999, "volume": 79238, "typical_volume": 277998.6, "trend": 31.385666, "fair_value": 21.770128, "relative_strength": -6.817215, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.993984, "energy": 8.643965, "activity_lines": [ 30.98, 30.795272, 30.520904, 30.827376 ] }, { "date": "2026-01-23", "close": 30.559999, "volume": 473056, "typical_volume": 293677.7, "trend": 31.308333, "fair_value": 21.874359, "relative_strength": -5.435901, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.489981, "energy": 7.257707, "activity_lines": [ 30.840666, 30.809272, 30.511476, 30.774107 ] }, { "date": "2026-01-30", "close": 30.59, "volume": 248021, "typical_volume": 300296.6, "trend": 31.259, "fair_value": 21.981667, "relative_strength": -6.886561, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.958456, "energy": 10.226241, "activity_lines": [ 30.713999, 30.805636, 30.500381, 30.727763 ] }, { "date": "2026-02-06", "close": 30.540001, "volume": 247240, "typical_volume": 244716.3, "trend": 31.218666, "fair_value": 22.088974, "relative_strength": -8.875966, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.967131, "energy": 11.691246, "activity_lines": [ 30.594, 30.766364, 30.486619, 30.681376 ] }, { "date": "2026-02-13", "close": 30.629999, "volume": 136990, "typical_volume": 215299.85, "trend": 31.008333, "fair_value": 22.198782, "relative_strength": -8.112603, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.247383, "energy": 11.91031, "activity_lines": [ 30.588666, 30.737454, 30.501666, 30.643398 ] }, { "date": "2026-02-20", "close": 31.07, "volume": 468880, "typical_volume": 228257.45, "trend": 30.94, "fair_value": 22.314615, "relative_strength": -7.006498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.447628, "energy": 9.053252, "activity_lines": [ 30.748667, 30.779636, 30.56219, 30.647376 ] }, { "date": "2026-02-27", "close": 35.540001, "volume": 1795618, "typical_volume": 309897.55, "trend": 31.004666, "fair_value": 22.461026, "relative_strength": 8.019528, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.821724, "energy": 37.264421, "activity_lines": [ 32.369334, 31.636364, 31.058095, 30.94415 ] }, { "date": "2026-03-06", "close": 35.880001, "volume": 465832, "typical_volume": 314261.35, "trend": 31.100666, "fair_value": 22.616346, "relative_strength": 11.822499, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.843307, "energy": 59.304369, "activity_lines": [ 33.771334, 32.465091, 31.567095, 31.258688 ] }, { "date": "2026-03-13", "close": 36.759998, "volume": 1520164, "typical_volume": 386397.45, "trend": 31.290666, "fair_value": 22.77891, "relative_strength": 20.16453, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.427693, "energy": 65.651385, "activity_lines": [ 35.114, 33.364, 32.130524, 31.623806 ] }, { "date": "2026-03-20", "close": 32.98, "volume": 497478, "typical_volume": 404347.75, "trend": 31.294333, "fair_value": 22.921731, "relative_strength": 7.62621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.654064, "energy": 59.153759, "activity_lines": [ 34.782, 33.485636, 32.301476, 31.732795 ] }, { "date": "2026-03-27", "close": 30.459999, "volume": 606484, "typical_volume": 429615.45, "trend": 31.273, "fair_value": 23.045513, "relative_strength": 0.775093, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.195847, "energy": 25.789473, "activity_lines": [ 33.453333, 33.111454, 32.214143, 31.678967 ] }, { "date": "2026-04-03", "close": 30.16, "volume": 254151, "typical_volume": 433217.1, "trend": 31.291333, "fair_value": 23.161603, "relative_strength": 0.574037, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.10276, "energy": 11.006156, "activity_lines": [ 32.065333, 32.685818, 32.087285, 31.607161 ] }, { "date": "2026-04-10", "close": 33.490002, "volume": 399170, "typical_volume": 434777.35, "trend": 31.373333, "fair_value": 23.292949, "relative_strength": 5.914006, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.135327, "energy": 18.495667, "activity_lines": [ 32.146, 32.872909, 32.273429, 31.749011 ] }, { "date": "2026-04-17", "close": 36.049999, "volume": 252504, "typical_volume": 427770.2, "trend": 31.415333, "fair_value": 23.445833, "relative_strength": 12.966883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.672576, "energy": 19.915846, "activity_lines": [ 33.239333, 33.472727, 32.682619, 32.050731 ] }, { "date": "2026-04-24", "close": 32.599998, "volume": 158905, "typical_volume": 427545.3, "trend": 31.456, "fair_value": 23.573077, "relative_strength": 4.357467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.38689, "energy": 15.238662, "activity_lines": [ 33.229999, 33.345091, 32.735428, 32.127161 ] }, { "date": "2026-05-01", "close": 32.32, "volume": 92025, "typical_volume": 419397.7, "trend": 31.43, "fair_value": 23.697885, "relative_strength": 3.100875, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.170102, "energy": 21.28768, "activity_lines": [ 33.152666, 33.130727, 32.749857, 32.182903 ] }, { "date": "2026-05-08", "close": 32.099998, "volume": 224427, "typical_volume": 421360.85, "trend": 31.450333, "fair_value": 23.82, "relative_strength": 1.771987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.285458, "energy": 17.628702, "activity_lines": [ 32.877999, 32.853636, 32.737857, 32.226129 ] }, { "date": "2026-05-15", "close": 29.120001, "volume": 195808, "typical_volume": 423284.5, "trend": 31.430666, "fair_value": 23.923654, "relative_strength": -5.222813, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.590912, "energy": 7.920858, "activity_lines": [ 31.480666, 32.097272, 32.434904, 32.075785 ] }, { "date": "2026-05-22", "close": 28.98, "volume": 147740, "typical_volume": 417606.3, "trend": 31.398666, "fair_value": 24.022564, "relative_strength": -5.404551, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.27168, "energy": 23.260783, "activity_lines": [ 30.328, 31.438363, 32.127285, 31.917677 ] }, { "date": "2026-05-29", "close": 29.68, "volume": 110654, "typical_volume": 418719.25, "trend": 31.416666, "fair_value": 24.129808, "relative_strength": -1.714164, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.681865, "energy": 32.079701, "activity_lines": [ 29.88, 31.048182, 31.899809, 31.806795 ] }, { "date": "2026-06-05", "close": 29.559999, "volume": 15430, "typical_volume": 415528.85, "trend": 31.463333, "fair_value": 24.234679, "relative_strength": -0.922868, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.892789, "energy": 42.273528, "activity_lines": [ 29.586666, 30.696181, 31.666762, 31.68701 ] }, { "date": "2026-06-12", "close": 29.15, "volume": 42389, "typical_volume": 393995.5, "trend": 31.458666, "fair_value": 24.33532, "relative_strength": -2.999845, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.248817, "energy": 44.48695, "activity_lines": [ 29.340666, 30.286, 31.399762, 31.537763 ] }, { "date": "2026-06-19", "close": 29.27, "volume": 42976, "typical_volume": 383743.25, "trend": 31.463333, "fair_value": 24.438974, "relative_strength": -4.045163, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.451292, "energy": 46.356036, "activity_lines": [ 29.331333, 29.916, 31.150904, 31.396559 ] }, { "date": "2026-06-26", "close": 29.059999, "volume": 0, "typical_volume": 371381.25, "trend": 31.425, "fair_value": 24.540641, "relative_strength": -4.79617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.460572, "energy": 46.62526, "activity_lines": [ 29.242, 29.584545, 30.888333, 31.241505 ] }, { "date": "2026-07-03", "close": 28.98, "volume": 14186, "typical_volume": 365241.05, "trend": 31.386333, "fair_value": 24.643718, "relative_strength": -5.805119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.573603, "energy": 46.232867, "activity_lines": [ 29.120666, 29.365636, 30.62519, 31.083763 ] }, { "date": "2026-07-10", "close": 29.209999, "volume": 54751, "typical_volume": 344534.6, "trend": 31.321, "fair_value": 24.749872, "relative_strength": -4.726143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.215849, "energy": 39.006365, "activity_lines": [ 29.122666, 29.254363, 30.391809, 30.943355 ] }, { "date": "2026-07-17", "close": 28.84, "volume": 68735, "typical_volume": 258190.45, "trend": 31.262333, "fair_value": 24.854615, "relative_strength": -6.005407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.366066, "energy": 41.64842, "activity_lines": [ 29.024666, 29.132363, 30.132047, 30.78329 ] }, { "date": "2026-07-24", "close": 28.57, "volume": 152307, "typical_volume": 242514.2, "trend": 31.183333, "fair_value": 24.95859, "relative_strength": -4.47312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.464731, "energy": 40.877658, "activity_lines": [ 28.857333, 29.020545, 29.878476, 30.609591 ] }, { "date": "2026-07-31", "close": 28.389999, "volume": 52565, "typical_volume": 169134.25, "trend": 31.069333, "fair_value": 25.061731, "relative_strength": -7.185022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.66811, "energy": 40.881174, "activity_lines": [ 28.676666, 28.886, 29.642571, 30.429376 ] }, { "date": "2026-08-07", "close": 33.080002, "volume": 777463, "typical_volume": 183133.5, "trend": 31.141666, "fair_value": 25.19109, "relative_strength": 7.338076, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.685226, "energy": 9.291965, "activity_lines": [ 30.104, 29.614909, 29.89319, 30.559097 ] } ], "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." } } }