{ "ticker": { "uuid": "ef126c9c-35f3-4b17-b7b8-c328a4c94b84", "symbol": "6017", "name": "Jahez International Company for Information Systems Technology", "exchange": "SAU", "country": "SA", "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": "^TASI.SR", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.174, "architecture_energy": 64.867, "architecture_maturity": 9.579, "architecture_confidence": 84.599, "architecture_tenure": "New", "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": 30.73, "rotation_up": 8.7, "upward_expansion": 13.75, "deceleration": 37.68, "rotation_down": 70.81, "downward_expansion": 87.08 }, "activity_lines": [ 11.942, 12.504182, 12.752429, 12.851785 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 12.02, "trend_reference": 13.278, "distance_from_trend": -0.094743, "trend_direction": "Weakening", "fair_value": 24.531346, "distance_from_fair_value": -0.510015, "fair_value_direction": "Weakening", "relative_strength": -22.988354, "relative_strength_direction": "Improving", "price_momentum": -0.223012, "excess_performance": -0.191183, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.094743, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.081362, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.510015, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.027227, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.229884, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.071741, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.223012, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.557621, "read": "Supply-led" } ], "volume": { "latest": 3701875, "relative_activity": 0.376292, "balance": 0.557621, "dry_up": 0.330948, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.083451, "annualized_volatility": 0.529506, "from_high_reference": -0.554815, "from_low_reference": 0.121269 }, "levels": { "trend_reference": 13.278, "fair_value_reference": 24.531346, "structural_low": 10.72, "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": 20, "median_return": -0.001912, "positive_rate": 0.35, "directional_follow_through": 0.5, "median_excess_return": -0.011199, "regime_survival": 0.85, "best_return": 0.352727, "worst_return": -0.240465, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.107647, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.089632, "regime_survival": 0.714286, "best_return": 0.406504, "worst_return": -0.293885, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.029806, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.020338, "regime_survival": 0.5, "best_return": 0.389558, "worst_return": -0.313805, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.02178, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.006709, "regime_survival": 0.5, "best_return": 0.528455, "worst_return": -0.484895, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-16", "end": "2024-04-26", "tenure": "Developing", "return": 0.027565, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-07-05", "tenure": "Developing", "return": -0.09699, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": -0.050467, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-02", "end": "2024-10-25", "tenure": "Established", "return": 0.104418, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-01", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": 0.038462, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-03", "tenure": "Developing", "return": -0.210106, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.311448, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-21", "tenure": "Developing", "return": -0.248705, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": 0.005, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": -0.021739, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2026-06-12", "tenure": "Extended", "return": -0.49522, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-31", "tenure": "Developing", "return": -0.191702, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 30.0, "volume": 266260, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 29.719999, "volume": 779300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 29.5, "volume": 613240, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 29.549999, "volume": 476760, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 29.18, "volume": 1144800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 24.5, "volume": 806020, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 22.16, "volume": 938220, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 21.83, "volume": 578140, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 22.52, "volume": 254160, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 22.5, "volume": 198620, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 21.59, "volume": 383360, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 22.4, "volume": 557940, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 22.0, "volume": 403480, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 22.4, "volume": 279580, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 21.629999, "volume": 188380, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 21.940001, "volume": 193440, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 23.4, "volume": 342060, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 28.0, "volume": 420670, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 24.6, "volume": 327582, "typical_volume": 469862.6, "trend": 26.603, "fair_value": 34.896375, "relative_strength": -18.253081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.666433, "energy": 23.598609, "activity_lines": [ 24.714, 23.662545, 23.790476, 25.052645 ] }, { "date": "2023-12-15", "close": 24.879999, "volume": 3506359, "typical_volume": 632918.55, "trend": 26.265666, "fair_value": 34.772716, "relative_strength": -19.14937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.771748, "energy": 22.179752, "activity_lines": [ 25.036, 23.996, 23.784095, 24.941484 ] }, { "date": "2023-12-22", "close": 24.98, "volume": 487276, "typical_volume": 643969.35, "trend": 26.215, "fair_value": 34.653293, "relative_strength": -19.025293, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.13855, "energy": 22.06776, "activity_lines": [ 25.174666, 24.304363, 23.809333, 24.858538 ] }, { "date": "2023-12-29", "close": 25.35, "volume": 570944, "typical_volume": 633551.55, "trend": 26.185, "fair_value": 34.541205, "relative_strength": -19.576594, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.646717, "energy": 13.663302, "activity_lines": [ 25.234, 24.618364, 23.893714, 24.802731 ] }, { "date": "2024-01-05", "close": 27.799999, "volume": 487174, "typical_volume": 627248.25, "trend": 26.238, "fair_value": 34.460952, "relative_strength": -12.689363, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.277319, "energy": 28.575584, "activity_lines": [ 25.98, 25.324182, 24.232238, 24.906925 ] }, { "date": "2024-01-12", "close": 30.0, "volume": 3436397, "typical_volume": 775230.1, "trend": 26.319667, "fair_value": 34.408471, "relative_strength": -5.034799, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.985523, "energy": 55.450096, "activity_lines": [ 27.472666, 26.324545, 24.788381, 25.149634 ] }, { "date": "2024-01-19", "close": 29.0, "volume": 347795, "typical_volume": 735379.85, "trend": 26.161, "fair_value": 34.345581, "relative_strength": -6.501035, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.294096, "energy": 56.472829, "activity_lines": [ 28.272, 27.004909, 25.247143, 25.322559 ] }, { "date": "2024-01-26", "close": 29.950001, "volume": 886577, "typical_volume": 739407.7, "trend": 26.109333, "fair_value": 34.295057, "relative_strength": -4.591987, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.901858, "energy": 65.828492, "activity_lines": [ 29.113334, 27.724, 25.797238, 25.567011 ] }, { "date": "2024-02-02", "close": 30.450001, "volume": 530281, "typical_volume": 719010.75, "trend": 26.099333, "fair_value": 34.251364, "relative_strength": -0.815157, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.382883, "energy": 65.245209, "activity_lines": [ 29.790001, 28.388364, 26.369, 25.847054 ] }, { "date": "2024-02-09", "close": 32.650002, "volume": 1021237, "typical_volume": 741165.6, "trend": 26.167, "fair_value": 34.233371, "relative_strength": 3.917513, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.58481, "energy": 73.905726, "activity_lines": [ 30.860001, 29.324546, 27.11081, 26.269678 ] }, { "date": "2024-02-16", "close": 32.650002, "volume": 1226907, "typical_volume": 789802.95, "trend": 26.221667, "fair_value": 34.215778, "relative_strength": 1.957248, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.338965, "energy": 70.940865, "activity_lines": [ 31.606668, 30.176183, 27.801096, 26.687936 ] }, { "date": "2024-02-23", "close": 32.450001, "volume": 776404, "typical_volume": 818692.15, "trend": 26.319333, "fair_value": 34.196374, "relative_strength": 0.464278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.001992, "energy": 64.087575, "activity_lines": [ 32.110001, 30.845092, 28.424096, 27.089764 ] }, { "date": "2024-03-01", "close": 35.700001, "volume": 542938, "typical_volume": 826671.05, "trend": 26.509333, "fair_value": 34.212717, "relative_strength": 10.704391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.205954, "energy": 85.511781, "activity_lines": [ 33.466668, 31.967274, 29.309239, 27.694968 ] }, { "date": "2024-03-08", "close": 34.599998, "volume": 450824, "typical_volume": 821315.25, "trend": 26.672, "fair_value": 34.216882, "relative_strength": 8.080103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.42984, "energy": 78.211792, "activity_lines": [ 34.073334, 32.694546, 30.022429, 28.216946 ] }, { "date": "2024-03-15", "close": 37.5, "volume": 737487, "typical_volume": 838015.6, "trend": 26.938667, "fair_value": 34.251809, "relative_strength": 15.90929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.82512, "energy": 81.935859, "activity_lines": [ 35.37, 33.78091, 30.953715, 28.915527 ] }, { "date": "2024-03-22", "close": 42.599998, "volume": 1428072, "typical_volume": 895440.2, "trend": 27.373667, "fair_value": 34.339684, "relative_strength": 30.591765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.343364, "energy": 92.297326, "activity_lines": [ 38.043332, 35.618182, 32.296905, 29.925936 ] }, { "date": "2024-03-29", "close": 35.400002, "volume": 18998346, "typical_volume": 1835938.5, "trend": 27.581, "fair_value": 34.350729, "relative_strength": 11.301972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.848402, "energy": 57.225912, "activity_lines": [ 37.653333, 35.917273, 32.858191, 30.443764 ] }, { "date": "2024-04-05", "close": 35.25, "volume": 570772, "typical_volume": 1854805.1, "trend": 27.939333, "fair_value": 34.36, "relative_strength": 10.077487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.147597, "energy": 52.339838, "activity_lines": [ 37.016667, 36.072727, 33.339619, 30.938538 ] }, { "date": "2024-04-19", "close": 34.150002, "volume": 628146, "typical_volume": 1869109.4, "trend": 28.339, "fair_value": 34.357857, "relative_strength": 8.745865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.628728, "energy": 43.641995, "activity_lines": [ 36.043334, 35.931819, 33.652905, 31.339226 ] }, { "date": "2024-04-26", "close": 33.549999, "volume": 807277, "typical_volume": 1888439.75, "trend": 28.729667, "fair_value": 34.349697, "relative_strength": 9.43368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.942449, "energy": 22.332646, "activity_lines": [ 34.9, 35.614546, 33.857857, 31.67542 ] }, { "date": "2024-05-03", "close": 29.9, "volume": 2009293, "typical_volume": 1972525.3, "trend": 28.975667, "fair_value": 34.3052, "relative_strength": -2.709675, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.651804, "energy": 19.026707, "activity_lines": [ 32.803334, 34.617273, 33.688762, 31.750925 ] }, { "date": "2024-05-10", "close": 30.75, "volume": 800077, "typical_volume": 1837211.2, "trend": 29.250667, "fair_value": 34.27, "relative_strength": 1.289066, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.379634, "energy": 19.664514, "activity_lines": [ 31.836667, 33.824546, 33.575381, 31.865398 ] }, { "date": "2024-05-17", "close": 29.700001, "volume": 372098, "typical_volume": 1831452.3, "trend": 29.521, "fair_value": 34.225196, "relative_strength": -0.877358, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.813082, "energy": 20.277442, "activity_lines": [ 30.83, 32.871818, 33.334048, 31.894387 ] }, { "date": "2024-05-24", "close": 30.15, "volume": 507234, "typical_volume": 1828266.8, "trend": 29.779334, "fair_value": 34.185631, "relative_strength": 2.772294, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.941113, "energy": 20.754123, "activity_lines": [ 30.343334, 32.11, 33.113096, 31.934968 ] }, { "date": "2024-05-31", "close": 30.9, "volume": 917380, "typical_volume": 1849777.1, "trend": 30.076, "fair_value": 34.154039, "relative_strength": 9.536637, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.256015, "energy": 16.704319, "activity_lines": [ 30.373334, 31.565455, 32.940715, 32.007269 ] }, { "date": "2024-06-07", "close": 29.700001, "volume": 497522, "typical_volume": 1702833.35, "trend": 30.319334, "fair_value": 34.111619, "relative_strength": 4.582415, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.741872, "energy": 29.301432, "activity_lines": [ 30.18, 30.922728, 32.639286, 31.983011 ] }, { "date": "2024-06-14", "close": 32.200001, "volume": 600931, "typical_volume": 1715490.15, "trend": 30.671667, "fair_value": 34.093585, "relative_strength": 13.61743, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.013992, "energy": 10.248307, "activity_lines": [ 30.833334, 30.969091, 32.577381, 32.104344 ] }, { "date": "2024-06-28", "close": 27.75, "volume": 1727699, "typical_volume": 1757546.25, "trend": 30.865334, "fair_value": 34.034299, "relative_strength": -3.971537, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.978466, "energy": 22.390145, "activity_lines": [ 29.906667, 30.264546, 32.076429, 31.91585 ] }, { "date": "2024-07-05", "close": 27.0, "volume": 358898, "typical_volume": 1748977.1, "trend": 30.985334, "fair_value": 33.969167, "relative_strength": -5.544295, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.172764, "energy": 43.143014, "activity_lines": [ 28.86, 29.56, 31.514524, 31.666473 ] }, { "date": "2024-07-12", "close": 26.75, "volume": 2185762, "typical_volume": 1807203.35, "trend": 30.943667, "fair_value": 33.902936, "relative_strength": -7.130258, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.520644, "energy": 58.633839, "activity_lines": [ 27.94, 28.94, 30.945238, 31.393226 ] }, { "date": "2024-07-19", "close": 26.0, "volume": 517449, "typical_volume": 1771730.45, "trend": 30.990334, "fair_value": 33.831091, "relative_strength": -12.308431, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.08929, "energy": 69.427814, "activity_lines": [ 27.046667, 28.307273, 30.332619, 31.07428 ] }, { "date": "2024-07-26", "close": 25.4, "volume": 615740, "typical_volume": 1763697.25, "trend": 31.007667, "fair_value": 33.755135, "relative_strength": -12.830484, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.958914, "energy": 81.364121, "activity_lines": [ 26.2, 27.636364, 29.694524, 30.713613 ] }, { "date": "2024-08-02", "close": 24.9, "volume": 1392489, "typical_volume": 1806174.8, "trend": 31.005, "fair_value": 33.676072, "relative_strength": -14.297047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.624104, "energy": 83.808042, "activity_lines": [ 25.64, 26.971818, 29.042381, 30.31957 ] }, { "date": "2024-08-09", "close": 22.66, "volume": 707214, "typical_volume": 1818994.3, "trend": 30.915334, "fair_value": 33.578584, "relative_strength": -19.12129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.830713, "energy": 92.005502, "activity_lines": [ 24.523333, 25.987273, 28.228334, 29.781183 ] }, { "date": "2024-08-16", "close": 22.200001, "volume": 2080373, "typical_volume": 1886138.6, "trend": 30.728667, "fair_value": 33.478772, "relative_strength": -21.927793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.111954, "energy": 91.067147, "activity_lines": [ 23.542667, 25.055273, 27.427334, 29.218904 ] }, { "date": "2024-08-23", "close": 26.15, "volume": 2396447, "typical_volume": 1934557.35, "trend": 30.600334, "fair_value": 33.415044, "relative_strength": -9.811532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.621208, "energy": 67.649964, "activity_lines": [ 24.182, 24.999637, 27.075381, 28.923506 ] }, { "date": "2024-08-30", "close": 24.9, "volume": 996944, "typical_volume": 1034487.25, "trend": 30.463667, "fair_value": 33.341638, "relative_strength": -13.405854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.128819, "energy": 55.687084, "activity_lines": [ 24.394667, 24.781273, 26.682714, 28.555742 ] }, { "date": "2024-09-06", "close": 25.299999, "volume": 944848, "typical_volume": 1053191.05, "trend": 30.308667, "fair_value": 33.272906, "relative_strength": -11.322685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.484759, "energy": 43.01007, "activity_lines": [ 24.774, 24.768364, 26.378143, 28.222602 ] }, { "date": "2024-09-13", "close": 26.65, "volume": 2038233, "typical_volume": 1123695.4, "trend": 30.182, "fair_value": 33.21678, "relative_strength": -4.338798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.623844, "energy": 26.002492, "activity_lines": [ 25.576666, 25.045454, 26.249524, 27.986559 ] }, { "date": "2024-09-20", "close": 25.549999, "volume": 2342271, "typical_volume": 1200445.1, "trend": 29.945334, "fair_value": 33.152353, "relative_strength": -10.042442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.669498, "energy": 25.378786, "activity_lines": [ 25.746666, 25.128909, 26.051857, 27.68772 ] }, { "date": "2024-09-27", "close": 25.35, "volume": 599220, "typical_volume": 1129941.45, "trend": 29.702, "fair_value": 33.087333, "relative_strength": -12.910087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.809389, "energy": 23.800275, "activity_lines": [ 25.626666, 25.197818, 25.873238, 27.391247 ] }, { "date": "2024-10-04", "close": 23.24, "volume": 1014482, "typical_volume": 1140661.7, "trend": 29.395, "fair_value": 33.00595, "relative_strength": -17.342366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.150874, "energy": 38.331238, "activity_lines": [ 24.856666, 24.894909, 25.515333, 26.974344 ] }, { "date": "2024-10-11", "close": 21.9, "volume": 1427476, "typical_volume": 1193430.6, "trend": 28.935, "fair_value": 32.914918, "relative_strength": -22.212283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.573768, "energy": 58.153152, "activity_lines": [ 23.750667, 24.387636, 25.065571, 26.490796 ] }, { "date": "2024-10-18", "close": 26.4, "volume": 3819254, "typical_volume": 1359031.6, "trend": 28.661667, "fair_value": 32.861951, "relative_strength": -5.643182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.919186, "energy": 36.443002, "activity_lines": [ 24.371333, 24.753091, 25.081524, 26.327247 ] }, { "date": "2024-10-25", "close": 27.5, "volume": 2771360, "typical_volume": 1451730.6, "trend": 28.328333, "fair_value": 32.81871, "relative_strength": -1.755402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.329906, "energy": 13.961905, "activity_lines": [ 25.375333, 25.250545, 25.220095, 26.252301 ] }, { "date": "2024-11-01", "close": 27.9, "volume": 1405456, "typical_volume": 1497127.3, "trend": 27.838333, "fair_value": 32.77936, "relative_strength": -1.629757, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.237141, "energy": 7.712782, "activity_lines": [ 26.382667, 25.724364, 25.412952, 26.224667 ] }, { "date": "2024-11-08", "close": 35.099998, "volume": 4783833, "typical_volume": 1706272.4, "trend": 27.828333, "fair_value": 32.797778, "relative_strength": 21.8722, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.85662, "energy": 46.265387, "activity_lines": [ 29.619999, 27.475454, 26.300095, 26.693161 ] }, { "date": "2024-11-15", "close": 35.549999, "volume": 2903360, "typical_volume": 1765055.45, "trend": 27.838333, "fair_value": 32.819449, "relative_strength": 26.01943, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.03799, "energy": 75.009249, "activity_lines": [ 32.216666, 29.122909, 27.216285, 27.191333 ] }, { "date": "2024-11-22", "close": 37.200001, "volume": 6798807, "typical_volume": 2087050.9, "trend": 27.94, "fair_value": 32.853672, "relative_strength": 30.119795, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.125297, "energy": 80.331516, "activity_lines": [ 34.453333, 30.884, 28.252476, 27.795312 ] }, { "date": "2024-11-29", "close": 36.450001, "volume": 4542154, "typical_volume": 2204870.5, "trend": 28.036667, "fair_value": 32.88155, "relative_strength": 28.499866, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.619572, "energy": 87.478726, "activity_lines": [ 35.72, 32.316909, 29.168667, 28.344344 ] }, { "date": "2024-12-06", "close": 37.599998, "volume": 3000753, "typical_volume": 2329035.7, "trend": 28.293333, "fair_value": 32.917846, "relative_strength": 28.274536, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.112763, "energy": 87.667962, "activity_lines": [ 36.773333, 33.760727, 30.14819, 28.961333 ] }, { "date": "2024-12-13", "close": 37.599998, "volume": 0, "typical_volume": 2298248.7, "trend": 28.521667, "fair_value": 32.953588, "relative_strength": 25.905048, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.626961, "energy": 85.936303, "activity_lines": [ 37.179999, 34.981817, 31.072476, 29.561763 ] }, { "date": "2024-12-20", "close": 37.599998, "volume": 0, "typical_volume": 2228624.25, "trend": 28.785, "fair_value": 32.988788, "relative_strength": 27.13435, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.410951, "energy": 78.096817, "activity_lines": [ 37.419999, 35.941817, 31.938666, 30.147462 ] }, { "date": "2024-12-27", "close": 29.700001, "volume": 2861270, "typical_volume": 2336327.05, "trend": 28.77, "fair_value": 32.96406, "relative_strength": 0.430847, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.230551, "energy": 40.447469, "activity_lines": [ 34.889999, 35.179999, 31.991999, 30.206494 ] }, { "date": "2025-01-03", "close": 29.700001, "volume": 0, "typical_volume": 2232308.4, "trend": 28.73, "fair_value": 32.939702, "relative_strength": -1.816985, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.721759, "energy": 23.113553, "activity_lines": [ 32.86, 34.358181, 32.011809, 30.266494 ] }, { "date": "2025-01-10", "close": 29.700001, "volume": 0, "typical_volume": 2112486.05, "trend": 28.73, "fair_value": 32.915704, "relative_strength": -2.027125, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.963498, "energy": 28.224538, "activity_lines": [ 31.28, 33.496364, 31.995905, 30.329075 ] }, { "date": "2025-01-17", "close": 29.700001, "volume": 0, "typical_volume": 2062638.85, "trend": 28.646667, "fair_value": 32.892059, "relative_strength": -3.392248, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.129851, "energy": 30.821433, "activity_lines": [ 30.226667, 32.601818, 31.963095, 30.391656 ] }, { "date": "2025-01-24", "close": 34.0, "volume": 15898896, "typical_volume": 2810341.25, "trend": 28.855, "fair_value": 32.900146, "relative_strength": 9.485852, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.735523, "energy": 27.784328, "activity_lines": [ 31.133334, 32.587273, 32.316952, 30.737032 ] }, { "date": "2025-01-31", "close": 34.599998, "volume": 8842848, "typical_volume": 3150572.0, "trend": 29.108333, "fair_value": 32.912464, "relative_strength": 10.560378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.09101, "energy": 20.07413, "activity_lines": [ 32.48, 32.71, 32.686524, 31.107677 ] }, { "date": "2025-02-07", "close": 38.950001, "volume": 18106102, "typical_volume": 3938763.55, "trend": 29.515, "fair_value": 32.955899, "relative_strength": 23.647233, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.030507, "energy": 56.943403, "activity_lines": [ 34.95, 33.670909, 33.432524, 31.742623 ] }, { "date": "2025-02-14", "close": 38.599998, "volume": 8863881, "typical_volume": 4351996.6, "trend": 29.935, "fair_value": 32.996214, "relative_strength": 22.49525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.419534, "energy": 80.413013, "activity_lines": [ 36.686666, 34.522727, 34.081381, 32.328752 ] }, { "date": "2025-02-21", "close": 36.5, "volume": 7599462, "typical_volume": 4681245.6, "trend": 30.305, "fair_value": 33.021064, "relative_strength": 15.565062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.945185, "energy": 80.271145, "activity_lines": [ 37.129999, 34.974545, 34.467143, 32.752301 ] }, { "date": "2025-02-28", "close": 35.900002, "volume": 4107434, "typical_volume": 4815243.5, "trend": 30.671667, "fair_value": 33.041338, "relative_strength": 15.952796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.86723, "energy": 78.886576, "activity_lines": [ 36.92, 35.337273, 34.732619, 33.113269 ] }, { "date": "2025-03-07", "close": 32.099998, "volume": 5027169, "typical_volume": 4875639.25, "trend": 30.986333, "fair_value": 33.034755, "relative_strength": 6.200249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.346903, "energy": 34.481225, "activity_lines": [ 35.316666, 35.04, 34.569524, 33.205419 ] }, { "date": "2025-03-14", "close": 29.9, "volume": 10728879, "typical_volume": 5273515.2, "trend": 31.243, "fair_value": 33.012986, "relative_strength": -0.151786, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 2.60734, "energy": 11.615744, "activity_lines": [ 33.146666, 34.299091, 34.169762, 33.135333 ] }, { "date": "2025-03-21", "close": 29.0, "volume": 7222233, "typical_volume": 5564354.05, "trend": 31.338, "fair_value": 32.98531, "relative_strength": -3.233226, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -31.977726, "energy": 34.311122, "activity_lines": [ 31.28, 33.390909, 33.672857, 32.990623 ] }, { "date": "2025-03-28", "close": 30.0, "volume": 4587162, "typical_volume": 5554520.5, "trend": 31.508, "fair_value": 32.964863, "relative_strength": -1.765611, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.016258, "energy": 40.606368, "activity_lines": [ 30.386667, 32.677273, 33.265952, 32.904301 ] }, { "date": "2025-04-04", "close": 30.15, "volume": 939435, "typical_volume": 5456324.25, "trend": 31.669666, "fair_value": 32.945714, "relative_strength": 0.503473, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.166082, "energy": 47.662498, "activity_lines": [ 29.976667, 31.985454, 32.897619, 32.816688 ] }, { "date": "2025-04-11", "close": 27.6, "volume": 7554845, "typical_volume": 5494126.15, "trend": 31.701333, "fair_value": 32.909595, "relative_strength": -4.653147, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.93505, "energy": 63.708516, "activity_lines": [ 29.1, 30.9, 32.312143, 32.554129 ] }, { "date": "2025-04-18", "close": 28.450001, "volume": 10503965, "typical_volume": 5792216.7, "trend": 31.798, "fair_value": 32.879664, "relative_strength": -1.912102, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.16272, "energy": 51.117644, "activity_lines": [ 28.806667, 30.096364, 31.853333, 32.344365 ] }, { "date": "2025-04-25", "close": 28.0, "volume": 10689586, "typical_volume": 6176658.35, "trend": 31.886333, "fair_value": 32.847133, "relative_strength": -4.942487, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.251237, "energy": 47.243707, "activity_lines": [ 28.46, 29.401818, 31.389762, 32.099333 ] }, { "date": "2025-05-02", "close": 27.0, "volume": 11323063, "typical_volume": 6742811.5, "trend": 32.011667, "fair_value": 32.808411, "relative_strength": -6.297746, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.889382, "energy": 63.131805, "activity_lines": [ 27.846667, 28.718182, 30.876667, 31.784086 ] }, { "date": "2025-05-09", "close": 26.15, "volume": 6026386, "typical_volume": 7044130.8, "trend": 32.153333, "fair_value": 32.764605, "relative_strength": -7.728747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.651609, "energy": 71.592082, "activity_lines": [ 27.15, 28.052727, 30.333095, 31.405914 ] }, { "date": "2025-05-16", "close": 26.799999, "volume": 9340442, "typical_volume": 7368089.4, "trend": 32.166666, "fair_value": 32.725621, "relative_strength": -6.308376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.720244, "energy": 65.534402, "activity_lines": [ 26.936666, 27.682727, 29.905952, 31.060538 ] }, { "date": "2025-05-23", "close": 25.75, "volume": 3362042, "typical_volume": 7536191.5, "trend": 32.108333, "fair_value": 32.680325, "relative_strength": -7.4999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.242769, "energy": 69.01498, "activity_lines": [ 26.426666, 27.218182, 29.392619, 30.646559 ] }, { "date": "2025-05-30", "close": 26.25, "volume": 5028422, "typical_volume": 7787612.6, "trend": 32.053333, "fair_value": 32.638839, "relative_strength": -3.909375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.654565, "energy": 60.987124, "activity_lines": [ 26.263333, 26.92, 28.945714, 30.268602 ] }, { "date": "2025-06-06", "close": 26.049999, "volume": 2067535, "typical_volume": 7890989.35, "trend": 31.751666, "fair_value": 32.596603, "relative_strength": -4.528274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.414185, "energy": 53.855053, "activity_lines": [ 26.15, 26.635454, 28.49619, 29.88129 ] }, { "date": "2025-06-13", "close": 25.950001, "volume": 3450485, "typical_volume": 7268568.8, "trend": 31.431667, "fair_value": 32.4375, "relative_strength": -3.3281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.518185, "energy": 64.762767, "activity_lines": [ 26.066667, 26.404545, 28.054524, 29.506989 ] }, { "date": "2025-06-20", "close": 24.200001, "volume": 3772837, "typical_volume": 7015068.25, "trend": 30.998333, "fair_value": 32.280577, "relative_strength": -7.518104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.869171, "energy": 69.311529, "activity_lines": [ 25.413334, 25.931818, 27.484524, 29.04043 ] }, { "date": "2025-06-27", "close": 26.25, "volume": 3513855, "typical_volume": 6285455.9, "trend": 30.658333, "fair_value": 32.122885, "relative_strength": -3.83532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.51641, "energy": 50.918935, "activity_lines": [ 25.616667, 25.893636, 27.159286, 28.734086 ] }, { "date": "2025-07-04", "close": 27.68, "volume": 6113881, "typical_volume": 6147955.9, "trend": 30.327667, "fair_value": 31.976603, "relative_strength": -0.298783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.768515, "energy": 37.091469, "activity_lines": [ 26.263334, 26.155455, 27.030714, 28.541936 ] }, { "date": "2025-07-11", "close": 28.02, "volume": 6332329, "typical_volume": 6084599.25, "trend": 30.008333, "fair_value": 31.837308, "relative_strength": 0.466093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.49258, "energy": 28.205014, "activity_lines": [ 26.928, 26.484909, 26.986524, 28.393054 ] }, { "date": "2025-07-18", "close": 26.9, "volume": 3784060, "typical_volume": 6068430.55, "trend": 29.651667, "fair_value": 31.718397, "relative_strength": -1.422547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.27484, "energy": 23.250255, "activity_lines": [ 27.088, 26.592182, 26.876048, 28.192516 ] }, { "date": "2025-07-25", "close": 26.959999, "volume": 3432548, "typical_volume": 5988699.5, "trend": 29.560333, "fair_value": 31.596346, "relative_strength": -0.920212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.195925, "energy": 22.480167, "activity_lines": [ 27.204666, 26.696727, 26.814143, 28.01886 ] }, { "date": "2025-08-01", "close": 26.6, "volume": 4530667, "typical_volume": 5678788.9, "trend": 29.457, "fair_value": 31.475256, "relative_strength": -2.293387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.564828, "energy": 18.631139, "activity_lines": [ 27.017333, 26.732909, 26.742429, 27.827871 ] }, { "date": "2025-08-08", "close": 27.799999, "volume": 4922429, "typical_volume": 5563798.7, "trend": 29.393667, "fair_value": 31.360833, "relative_strength": 1.549792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.833086, "energy": 11.449017, "activity_lines": [ 27.206666, 26.971818, 26.800714, 27.720968 ] }, { "date": "2025-08-15", "close": 23.110001, "volume": 21431971, "typical_volume": 6406039.15, "trend": 29.174, "fair_value": 31.210962, "relative_strength": -15.004773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.174657, "energy": 42.660572, "activity_lines": [ 25.824667, 26.329818, 26.418048, 27.31557 ] }, { "date": "2025-08-22", "close": 22.309999, "volume": 5997623, "typical_volume": 6658948.55, "trend": 28.784333, "fair_value": 31.041795, "relative_strength": -18.140734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.098946, "energy": 72.027513, "activity_lines": [ 24.503333, 25.595818, 25.992, 26.872731 ] }, { "date": "2025-08-29", "close": 22.24, "volume": 4015524, "typical_volume": 6481982.5, "trend": 28.372333, "fair_value": 30.863526, "relative_strength": -17.388719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.846974, "energy": 81.89697, "activity_lines": [ 23.464666, 24.915272, 25.596619, 26.450516 ] }, { "date": "2025-09-05", "close": 21.860001, "volume": 2884421, "typical_volume": 6101005.3, "trend": 27.802667, "fair_value": 30.679423, "relative_strength": -18.190991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.005152, "energy": 86.041527, "activity_lines": [ 22.614, 24.201273, 25.190571, 26.030366 ] }, { "date": "2025-09-12", "close": 20.48, "volume": 5348952, "typical_volume": 5833973.6, "trend": 27.198667, "fair_value": 30.477372, "relative_strength": -21.695542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.030529, "energy": 90.599671, "activity_lines": [ 21.619334, 23.316182, 24.684476, 25.557935 ] }, { "date": "2025-09-19", "close": 21.0, "volume": 13463475, "typical_volume": 5940994.2, "trend": 26.682, "fair_value": 30.278654, "relative_strength": -22.047389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.802642, "energy": 88.333752, "activity_lines": [ 21.286, 22.656545, 24.263714, 25.158021 ] }, { "date": "2025-09-26", "close": 21.32, "volume": 7486454, "typical_volume": 6013997.6, "trend": 26.196, "fair_value": 30.111218, "relative_strength": -24.455821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.305252, "energy": 84.07802, "activity_lines": [ 21.2, 22.182727, 23.902, 24.812086 ] }, { "date": "2025-10-03", "close": 22.360001, "volume": 9947865, "typical_volume": 6044368.75, "trend": 25.871333, "fair_value": 29.927692, "relative_strength": -22.06467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.989136, "energy": 67.084201, "activity_lines": [ 21.526667, 21.999455, 23.662333, 24.564602 ] }, { "date": "2025-10-10", "close": 22.35, "volume": 6455622, "typical_volume": 6199047.75, "trend": 25.619667, "fair_value": 29.756026, "relative_strength": -22.75027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.727227, "energy": 51.695854, "activity_lines": [ 21.842, 21.898, 23.442857, 24.337419 ] }, { "date": "2025-10-17", "close": 22.0, "volume": 4771377, "typical_volume": 6186195.5, "trend": 25.386333, "fair_value": 29.605705, "relative_strength": -24.500939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.711201, "energy": 41.55481, "activity_lines": [ 22.008, 21.810182, 23.206238, 24.103893 ] }, { "date": "2025-10-24", "close": 20.77, "volume": 3633869, "typical_volume": 6264512.2, "trend": 25.078667, "fair_value": 29.447179, "relative_strength": -27.908752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.420671, "energy": 45.013269, "activity_lines": [ 21.662667, 21.604182, 22.872714, 23.806065 ] }, { "date": "2025-10-31", "close": 21.129999, "volume": 7159029, "typical_volume": 6449939.4, "trend": 24.778, "fair_value": 29.306346, "relative_strength": -26.648393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.554289, "energy": 47.309168, "activity_lines": [ 21.452666, 21.506182, 22.598619, 23.551312 ] }, { "date": "2025-11-07", "close": 19.629999, "volume": 3903152, "typical_volume": 6456455.15, "trend": 24.512333, "fair_value": 29.161346, "relative_strength": -29.085987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.554755, "energy": 64.160546, "activity_lines": [ 20.755333, 21.156909, 22.204619, 23.219183 ] }, { "date": "2025-11-14", "close": 17.889999, "volume": 15628042, "typical_volume": 7062164.5, "trend": 24.160333, "fair_value": 29.013846, "relative_strength": -33.91692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.840625, "energy": 94.286182, "activity_lines": [ 19.659999, 20.538727, 21.666666, 22.791935 ] }, { "date": "2025-11-21", "close": 16.99, "volume": 14695096, "typical_volume": 7491225.25, "trend": 23.793333, "fair_value": 28.866667, "relative_strength": -35.47021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.401936, "energy": 96.066388, "activity_lines": [ 18.561999, 19.829091, 21.082809, 22.329333 ] }, { "date": "2025-11-28", "close": 16.24, "volume": 4790897, "typical_volume": 7414153.65, "trend": 23.434667, "fair_value": 28.746923, "relative_strength": -35.339556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.146701, "energy": 96.153526, "activity_lines": [ 17.548, 19.046545, 20.478428, 21.842021 ] }, { "date": "2025-12-05", "close": 15.51, "volume": 6733898, "typical_volume": 7561645.55, "trend": 23.08, "fair_value": 28.627436, "relative_strength": -37.297643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.250524, "energy": 95.253554, "activity_lines": [ 16.592666, 18.217818, 19.860619, 21.330753 ] }, { "date": "2025-12-12", "close": 16.34, "volume": 10324068, "typical_volume": 7906221.55, "trend": 22.731333, "fair_value": 28.525385, "relative_strength": -33.628086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.430955, "energy": 87.971902, "activity_lines": [ 16.288667, 17.645636, 19.376095, 20.895914 ] }, { "date": "2025-12-19", "close": 15.47, "volume": 2869446, "typical_volume": 7823160.5, "trend": 22.388667, "fair_value": 28.435449, "relative_strength": -34.644424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.365182, "energy": 84.57919, "activity_lines": [ 15.914, 17.024727, 18.859286, 20.427441 ] }, { "date": "2025-12-26", "close": 15.47, "volume": 0, "typical_volume": 7577039.05, "trend": 22.029333, "fair_value": 28.342308, "relative_strength": -34.540165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.67627, "energy": 72.662367, "activity_lines": [ 15.700667, 16.528909, 18.395476, 19.981075 ] }, { "date": "2026-01-02", "close": 15.47, "volume": 0, "typical_volume": 6505440.5, "trend": 21.676667, "fair_value": 28.260064, "relative_strength": -34.125609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.426118, "energy": 68.219773, "activity_lines": [ 15.588667, 16.151818, 17.990381, 19.557892 ] }, { "date": "2026-01-09", "close": 15.47, "volume": 0, "typical_volume": 6205559.35, "trend": 21.327333, "fair_value": 28.176923, "relative_strength": -33.083245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.076992, "energy": 67.459768, "activity_lines": [ 15.528, 15.871091, 17.621667, 19.157462 ] }, { "date": "2026-01-16", "close": 15.47, "volume": 0, "typical_volume": 6004783.15, "trend": 21.036333, "fair_value": 28.052051, "relative_strength": -34.652294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.057971, "energy": 65.58939, "activity_lines": [ 15.47, 15.693273, 17.285524, 18.77957 ] }, { "date": "2026-01-23", "close": 15.47, "volume": 0, "typical_volume": 5860562.1, "trend": 20.677, "fair_value": 27.933974, "relative_strength": -35.733084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.747421, "energy": 64.848393, "activity_lines": [ 15.47, 15.591091, 16.981619, 18.420452 ] }, { "date": "2026-01-30", "close": 15.47, "volume": 0, "typical_volume": 5593114.5, "trend": 20.27, "fair_value": 27.816795, "relative_strength": -36.327635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.279217, "energy": 64.053234, "activity_lines": [ 15.47, 15.532909, 16.708143, 18.084516 ] }, { "date": "2026-02-06", "close": 15.47, "volume": 0, "typical_volume": 4919940.75, "trend": 19.851667, "fair_value": 27.703397, "relative_strength": -34.189773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.018732, "energy": 66.729245, "activity_lines": [ 15.47, 15.502364, 16.458524, 17.774839 ] }, { "date": "2026-02-13", "close": 15.47, "volume": 0, "typical_volume": 4545618.05, "trend": 19.470667, "fair_value": 27.609231, "relative_strength": -33.498469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.363886, "energy": 84.249885, "activity_lines": [ 15.47, 15.485818, 16.235238, 17.49215 ] }, { "date": "2026-02-20", "close": 15.47, "volume": 0, "typical_volume": 4048224.8, "trend": 19.087667, "fair_value": 27.517692, "relative_strength": -30.659451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.955794, "energy": 83.790243, "activity_lines": [ 15.47, 15.47, 16.039809, 17.234043 ] }, { "date": "2026-02-27", "close": 15.47, "volume": 0, "typical_volume": 3725443.7, "trend": 18.716667, "fair_value": 27.408526, "relative_strength": -28.085955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.269693, "energy": 84.567801, "activity_lines": [ 15.47, 15.47, 15.87719, 17.000645 ] }, { "date": "2026-03-06", "close": 11.92, "volume": 1145547, "typical_volume": 3544152.2, "trend": 18.187333, "fair_value": 27.28141, "relative_strength": -44.071557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.233107, "energy": 97.438301, "activity_lines": [ 14.286667, 14.824545, 15.409238, 16.56215 ] }, { "date": "2026-03-13", "close": 11.75, "volume": 3685404, "typical_volume": 3546728.95, "trend": 17.808667, "fair_value": 27.161218, "relative_strength": -44.669521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.56276, "energy": 98.093036, "activity_lines": [ 13.283333, 14.212727, 14.973095, 16.146839 ] }, { "date": "2026-03-20", "close": 11.98, "volume": 1219021, "typical_volume": 3249728.55, "trend": 17.464333, "fair_value": 27.029679, "relative_strength": -43.089601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.378805, "energy": 97.332372, "activity_lines": [ 12.604667, 13.710364, 14.60181, 15.770796 ] }, { "date": "2026-03-27", "close": 12.19, "volume": 2568034, "typical_volume": 3182972.65, "trend": 17.129333, "fair_value": 26.898205, "relative_strength": -42.035296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.681738, "energy": 89.383957, "activity_lines": [ 12.228667, 13.309636, 14.294095, 15.430516 ] }, { "date": "2026-04-03", "close": 11.26, "volume": 8541650, "typical_volume": 2828653.05, "trend": 16.776, "fair_value": 26.756987, "relative_strength": -46.468565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.271194, "energy": 96.213261, "activity_lines": [ 11.761333, 12.799455, 13.933238, 15.051849 ] }, { "date": "2026-04-10", "close": 11.11, "volume": 7839041, "typical_volume": 2485850.3, "trend": 16.463667, "fair_value": 26.60359, "relative_strength": -46.750937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.726939, "energy": 75.323289, "activity_lines": [ 11.524667, 12.338545, 13.589667, 14.686301 ] }, { "date": "2026-04-17", "close": 12.41, "volume": 26765379, "typical_volume": 3584574.4, "trend": 16.177333, "fair_value": 26.457115, "relative_strength": -40.746151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.3826, "energy": 68.373618, "activity_lines": [ 11.775333, 12.193273, 13.397905, 14.424774 ] }, { "date": "2026-04-24", "close": 13.83, "volume": 38486929, "typical_volume": 5172225.95, "trend": 15.927667, "fair_value": 26.323526, "relative_strength": -30.486451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.542541, "energy": 59.213697, "activity_lines": [ 12.455333, 12.361818, 13.359619, 14.273333 ] }, { "date": "2026-05-01", "close": 13.59, "volume": 15804515, "typical_volume": 5446248.3, "trend": 15.635333, "fair_value": 26.181474, "relative_strength": -31.340547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.378172, "energy": 38.341117, "activity_lines": [ 12.932, 12.516545, 13.306476, 14.122516 ] }, { "date": "2026-05-08", "close": 13.47, "volume": 8752702, "typical_volume": 5740411.1, "trend": 15.339333, "fair_value": 26.043461, "relative_strength": -30.162469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.678933, "energy": 33.414091, "activity_lines": [ 13.275333, 12.683636, 13.255, 13.982817 ] }, { "date": "2026-05-15", "close": 12.74, "volume": 13795760, "typical_volume": 6430199.1, "trend": 15.030667, "fair_value": 25.881538, "relative_strength": -32.864247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.774005, "energy": 29.265117, "activity_lines": [ 13.228, 12.754364, 13.143524, 13.815118 ] }, { "date": "2026-05-22", "close": 12.3, "volume": 5675790, "typical_volume": 6713988.6, "trend": 14.748333, "fair_value": 25.731154, "relative_strength": -34.506033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.969953, "energy": 24.943165, "activity_lines": [ 12.925333, 12.730182, 13.003143, 13.638946 ] }, { "date": "2026-05-29", "close": 12.3, "volume": 0, "typical_volume": 6713988.6, "trend": 14.454, "fair_value": 25.585641, "relative_strength": -33.5508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.864416, "energy": 35.644729, "activity_lines": [ 12.63, 12.696, 12.877857, 13.480989 ] }, { "date": "2026-06-05", "close": 14.03, "volume": 16273250, "typical_volume": 7527651.1, "trend": 14.267333, "fair_value": 25.505705, "relative_strength": -22.986607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.08486, "energy": 15.752111, "activity_lines": [ 13.013333, 12.970545, 12.932429, 13.453634 ] }, { "date": "2026-06-12", "close": 13.2, "volume": 6500762, "typical_volume": 7852689.2, "trend": 14.111, "fair_value": 25.422051, "relative_strength": -26.864306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.735629, "energy": 16.041868, "activity_lines": [ 13.090667, 13.060727, 12.91481, 13.384774 ] }, { "date": "2026-06-19", "close": 13.98, "volume": 11527468, "typical_volume": 8429062.6, "trend": 14.010667, "fair_value": 25.343654, "relative_strength": -22.156136, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.146965, "energy": 10.057204, "activity_lines": [ 13.446, 13.257455, 12.982286, 13.376323 ] }, { "date": "2026-06-26", "close": 13.72, "volume": 6865908, "typical_volume": 8772358.0, "trend": 13.926667, "fair_value": 25.255, "relative_strength": -21.24354, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.461254, "energy": 17.6763, "activity_lines": [ 13.632, 13.354727, 13.032095, 13.35757 ] }, { "date": "2026-07-03", "close": 13.65, "volume": 7248725, "typical_volume": 9134794.25, "trend": 13.864667, "fair_value": 25.12609, "relative_strength": -19.712739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.798952, "energy": 17.976531, "activity_lines": [ 13.7, 13.415455, 13.083571, 13.33972 ] }, { "date": "2026-07-10", "close": 12.79, "volume": 7086408, "typical_volume": 9489114.65, "trend": 13.746333, "fair_value": 25.006154, "relative_strength": -23.421531, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.191368, "energy": 12.300992, "activity_lines": [ 13.391333, 13.323091, 13.06181, 13.270387 ] }, { "date": "2026-07-17", "close": 12.49, "volume": 3292538, "typical_volume": 9653741.55, "trend": 13.647, "fair_value": 24.889103, "relative_strength": -23.383483, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.590863, "energy": 19.948979, "activity_lines": [ 13.065333, 13.190727, 13.024238, 13.189333 ] }, { "date": "2026-07-24", "close": 12.02, "volume": 3685991, "typical_volume": 9780763.75, "trend": 13.532, "fair_value": 24.769872, "relative_strength": -25.492745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.521541, "energy": 35.064403, "activity_lines": [ 12.63, 12.990727, 12.956095, 13.084366 ] }, { "date": "2026-07-31", "close": 11.3, "volume": 2342777, "typical_volume": 9713632.4, "trend": 13.393, "fair_value": 24.643526, "relative_strength": -27.271329, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.919511, "energy": 64.851065, "activity_lines": [ 12.085333, 12.672909, 12.818905, 12.940366 ] }, { "date": "2026-08-07", "close": 12.02, "volume": 3701875, "typical_volume": 9837775.1, "trend": 13.278, "fair_value": 24.531346, "relative_strength": -22.988354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.173891, "energy": 64.867088, "activity_lines": [ 11.942, 12.504182, 12.752429, 12.851785 ] } ], "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." } } }