{ "ticker": { "uuid": "f0a032c8-3a7f-4352-9ee8-4b8c695257ce", "symbol": "8089", "name": "Comtrend Corporation", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "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": "Established contraction", "architecture_gate": "down", "architecture_direction": -68.187, "architecture_energy": 55.314, "architecture_maturity": 100.0, "architecture_confidence": 86.287, "architecture_tenure": "Extended", "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": 10.99, "rotation_up": 16.64, "upward_expansion": 8.45, "deceleration": 46.65, "rotation_down": 69.2, "downward_expansion": 86.45 }, "activity_lines": [ 18.246667, 18.845455, 19.67, 20.579462 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 17.9, "trend_reference": 22.231667, "distance_from_trend": -0.194842, "trend_direction": "Weakening", "fair_value": 48.607135, "distance_from_fair_value": -0.631741, "fair_value_direction": "Weakening", "relative_strength": -54.548769, "relative_strength_direction": "Improving", "price_momentum": -0.320683, "excess_performance": -0.762055, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.194842, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.123645, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.631741, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.044523, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.545488, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.051819, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.320683, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.518775, "read": "Supply-led" } ], "volume": { "latest": 377242, "relative_activity": 0.255369, "balance": 0.518775, "dry_up": 0.526576, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.102707, "annualized_volatility": 0.337995, "from_high_reference": -0.584183, "from_low_reference": 0.043732 }, "levels": { "trend_reference": 22.231667, "fair_value_reference": 48.607135, "structural_low": 17.15, "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": 39, "median_return": -0.030488, "positive_rate": 0.358974, "directional_follow_through": 0.641026, "median_excess_return": -0.016885, "regime_survival": 0.897436, "best_return": 1.118227, "worst_return": -0.188776, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.112103, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.164288, "regime_survival": 0.666667, "best_return": 0.331536, "worst_return": -0.29681, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.096402, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.161497, "regime_survival": 0.571429, "best_return": 2.445844, "worst_return": -0.482653, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.093123, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.089198, "regime_survival": 0.75, "best_return": 4.614458, "worst_return": -0.662217, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-08-05", "end": "2022-08-12", "tenure": "New", "return": 0.040323, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2022-08-19", "end": "2022-09-09", "tenure": "New", "return": -0.025948, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-09-16", "end": "2023-01-06", "tenure": "Established", "return": -0.059184, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-01-13", "end": "2023-02-03", "tenure": "New", "return": 0.015351, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-02-10", "end": "2023-04-07", "tenure": "Developing", "return": 0.030837, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-04-14", "end": "2023-05-12", "tenure": "Developing", "return": -0.082251, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-05-19", "end": "2023-11-03", "tenure": "Established", "return": 0.008493, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-11-10", "end": "2023-11-24", "tenure": "New", "return": 0.637969, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-03-22", "tenure": "Established", "return": 0.453488, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-29", "end": "2024-04-26", "tenure": "Developing", "return": 0.140118, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-03", "end": "2024-09-20", "tenure": "Established", "return": 0.473684, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-10-18", "tenure": "New", "return": -0.237788, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": 0.180638, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2026-08-14", "tenure": "Extended", "return": -0.787849, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 17.089973, "volume": 378000, "typical_volume": 359775.0, "trend": 18.502452, "fair_value": 24.788262, "relative_strength": -18.742861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.227631, "energy": 42.786111, "activity_lines": [ 17.718472, 17.864683, 17.976383, 18.21141 ] }, { "date": "2023-08-18", "close": 15.970732, "volume": 284625, "typical_volume": 357131.25, "trend": 18.40159, "fair_value": 24.625745, "relative_strength": -22.5381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.775306, "energy": 78.523778, "activity_lines": [ 17.104324, 17.509066, 17.76197, 18.048073 ] }, { "date": "2023-08-25", "close": 15.755493, "volume": 261000, "typical_volume": 358200.0, "trend": 18.294943, "fair_value": 24.438669, "relative_strength": -23.581603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.294419, "energy": 87.15066, "activity_lines": [ 16.547572, 17.15115, 17.542658, 17.877357 ] }, { "date": "2023-09-01", "close": 15.927685, "volume": 163125, "typical_volume": 347118.75, "trend": 18.182926, "fair_value": 24.247494, "relative_strength": -23.010683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.031392, "energy": 90.968808, "activity_lines": [ 16.19745, 16.863021, 17.357559, 17.724631 ] }, { "date": "2023-09-08", "close": 15.927685, "volume": 230625, "typical_volume": 340200.0, "trend": 18.083407, "fair_value": 24.046859, "relative_strength": -22.18962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.628199, "energy": 88.470653, "activity_lines": [ 15.976472, 16.611753, 17.188264, 17.579131 ] }, { "date": "2023-09-15", "close": 16.358162, "volume": 222750, "typical_volume": 345937.5, "trend": 17.996849, "fair_value": 23.849456, "relative_strength": -21.191133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.804937, "energy": 82.287858, "activity_lines": [ 16.051088, 16.477131, 17.073589, 17.467825 ] }, { "date": "2023-09-22", "close": 15.970732, "volume": 204750, "typical_volume": 351281.25, "trend": 17.897376, "fair_value": 23.666599, "relative_strength": -19.810155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.725512, "energy": 61.150361, "activity_lines": [ 16.045348, 16.30807, 16.933786, 17.337108 ] }, { "date": "2023-09-29", "close": 15.841588, "volume": 99000, "typical_volume": 331481.25, "trend": 17.778323, "fair_value": 23.306002, "relative_strength": -19.953018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.477235, "energy": 56.99408, "activity_lines": [ 15.996561, 16.15075, 16.796489, 17.204476 ] }, { "date": "2023-10-06", "close": 16.013781, "volume": 281250, "typical_volume": 322425.0, "trend": 17.669176, "fair_value": 23.063819, "relative_strength": -19.392693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.030906, "energy": 49.285025, "activity_lines": [ 15.999431, 16.063872, 16.684268, 17.090635 ] }, { "date": "2023-10-13", "close": 15.884637, "volume": 50625, "typical_volume": 317756.25, "trend": 17.566834, "fair_value": 22.831688, "relative_strength": -20.655689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.697925, "energy": 50.51505, "activity_lines": [ 15.953513, 15.987169, 16.566015, 16.975503 ] }, { "date": "2023-10-20", "close": 15.669396, "volume": 142875, "typical_volume": 231525.0, "trend": 17.458705, "fair_value": 22.613787, "relative_strength": -19.370616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.209982, "energy": 51.975348, "activity_lines": [ 15.838719, 15.913596, 16.433354, 16.853088 ] }, { "date": "2023-10-27", "close": 15.583302, "volume": 165375, "typical_volume": 219881.25, "trend": 17.336597, "fair_value": 22.433177, "relative_strength": -17.437637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.111646, "energy": 52.212509, "activity_lines": [ 15.741144, 15.850198, 16.305163, 16.732094 ] }, { "date": "2023-11-03", "close": 17.477404, "volume": 889875, "typical_volume": 253406.25, "trend": 17.269295, "fair_value": 22.302076, "relative_strength": -8.776899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.979643, "energy": 16.843443, "activity_lines": [ 16.300765, 16.138227, 16.368855, 16.741179 ] }, { "date": "2023-11-10", "close": 19.500652, "volume": 2011500, "typical_volume": 350437.5, "trend": 17.277765, "fair_value": 22.169755, "relative_strength": 1.601133, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.336365, "energy": 39.925102, "activity_lines": [ 17.425747, 16.762811, 16.627115, 16.885137 ] }, { "date": "2023-11-17", "close": 21.265612, "volume": 3841875, "typical_volume": 532350.0, "trend": 17.360343, "fair_value": 22.066723, "relative_strength": 7.81847, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.971529, "energy": 79.275051, "activity_lines": [ 18.906592, 17.643335, 17.046107, 17.142418 ] }, { "date": "2023-11-24", "close": 31.941463, "volume": 12924000, "typical_volume": 1160437.5, "trend": 17.797394, "fair_value": 22.027868, "relative_strength": 60.273763, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.50884, "energy": 97.930552, "activity_lines": [ 23.587322, 20.367869, 18.466479, 18.083135 ] }, { "date": "2023-12-01", "close": 37.021103, "volume": 11021625, "typical_volume": 1695375.0, "trend": 18.395434, "fair_value": 22.023467, "relative_strength": 81.903609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.206024, "energy": 99.000831, "activity_lines": [ 28.876461, 23.732641, 20.30585, 19.323374 ] }, { "date": "2023-12-08", "close": 43.133892, "volume": 8830125, "typical_volume": 2124225.0, "trend": 19.244448, "fair_value": 22.048317, "relative_strength": 108.879136, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.66382, "energy": 99.87592, "activity_lines": [ 34.774009, 27.826095, 22.636376, 20.919404 ] }, { "date": "2023-12-15", "close": 51.399067, "volume": 28683000, "typical_volume": 3546450.0, "trend": 20.380076, "fair_value": 22.085469, "relative_strength": 138.898686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.251327, "energy": 99.731142, "activity_lines": [ 41.716183, 32.926084, 25.634347, 22.993895 ] }, { "date": "2023-12-22", "close": 46.147236, "volume": 29434500, "typical_volume": 5006025.0, "trend": 21.346198, "fair_value": 22.115917, "relative_strength": 111.139676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.653124, "energy": 92.052972, "activity_lines": [ 44.781186, 36.427827, 27.972457, 24.656293 ] }, { "date": "2023-12-29", "close": 48.04134, "volume": 20693250, "typical_volume": 6021787.5, "trend": 22.336575, "fair_value": 22.184524, "relative_strength": 111.298697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.198456, "energy": 71.602034, "activity_lines": [ 46.818782, 39.723723, 30.35792, 26.37856 ] }, { "date": "2024-01-05", "close": 51.054684, "volume": 16119000, "typical_volume": 6813506.25, "trend": 23.438506, "fair_value": 22.271974, "relative_strength": 124.501406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.246033, "energy": 72.894514, "activity_lines": [ 48.787501, 42.978919, 32.882981, 28.231341 ] }, { "date": "2024-01-12", "close": 50.796398, "volume": 20665125, "typical_volume": 7833712.5, "trend": 24.535994, "fair_value": 22.368175, "relative_strength": 118.384891, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.056095, "energy": 70.01269, "activity_lines": [ 49.734552, 45.542219, 35.216376, 29.996367 ] }, { "date": "2024-01-19", "close": 49.763252, "volume": 9460354, "typical_volume": 8298573.95, "trend": 25.596265, "fair_value": 22.464848, "relative_strength": 107.300826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.657618, "energy": 66.724291, "activity_lines": [ 49.826388, 47.311875, 37.284515, 31.623932 ] }, { "date": "2024-01-26", "close": 50.452015, "volume": 25285500, "typical_volume": 9551317.7, "trend": 26.676719, "fair_value": 22.58202, "relative_strength": 102.115796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.483105, "energy": 65.019539, "activity_lines": [ 50.256866, 48.656531, 39.257129, 33.227528 ] }, { "date": "2024-02-02", "close": 60.353012, "volume": 30840750, "typical_volume": 11082217.7, "trend": 28.077207, "fair_value": 22.782526, "relative_strength": 134.078341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.756168, "energy": 70.399164, "activity_lines": [ 53.70069, 51.270707, 42.008294, 35.400192 ] }, { "date": "2024-02-09", "close": 58.889385, "volume": 4113000, "typical_volume": 11277630.2, "trend": 29.443257, "fair_value": 22.961352, "relative_strength": 121.84684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.611608, "energy": 67.212089, "activity_lines": [ 55.835861, 53.102195, 44.410566, 37.388075 ] }, { "date": "2024-02-16", "close": 69.134758, "volume": 17006625, "typical_volume": 12123011.45, "trend": 31.14795, "fair_value": 23.219571, "relative_strength": 145.27822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.325126, "energy": 72.117275, "activity_lines": [ 60.863843, 56.398874, 47.584213, 39.948817 ] }, { "date": "2024-02-23", "close": 72.320297, "volume": 27691875, "typical_volume": 13493542.7, "trend": 32.963132, "fair_value": 23.494899, "relative_strength": 144.655912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.286341, "energy": 79.371571, "activity_lines": [ 65.731114, 59.801998, 50.807468, 42.605097 ] }, { "date": "2024-03-01", "close": 80.499382, "volume": 7830000, "typical_volume": 13882511.45, "trend": 35.039471, "fair_value": 23.809885, "relative_strength": 161.971529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.048302, "energy": 91.155088, "activity_lines": [ 71.820944, 64.311842, 54.541557, 45.671952 ] }, { "date": "2024-03-08", "close": 61.988827, "volume": 20571750, "typical_volume": 14903955.2, "trend": 36.536099, "fair_value": 24.010944, "relative_strength": 88.840304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.934237, "energy": 65.695287, "activity_lines": [ 69.73743, 64.831546, 56.205047, 47.41062 ] }, { "date": "2024-03-15", "close": 55.789944, "volume": 23049000, "typical_volume": 16048136.45, "trend": 37.863406, "fair_value": 24.178179, "relative_strength": 67.718369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.779733, "energy": 54.890636, "activity_lines": [ 65.478568, 63.970591, 57.057599, 48.652804 ] }, { "date": "2024-03-22", "close": 53.809742, "volume": 14347125, "typical_volume": 16720998.95, "trend": 39.131881, "fair_value": 24.332484, "relative_strength": 54.807186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.960358, "energy": 35.916022, "activity_lines": [ 60.766269, 62.663502, 57.530099, 49.6816 ] }, { "date": "2024-03-29", "close": 58.37281, "volume": 5965875, "typical_volume": 16918717.7, "trend": 40.546719, "fair_value": 24.494281, "relative_strength": 64.329412, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.160318, "energy": 27.146306, "activity_lines": [ 58.596659, 62.131275, 58.264166, 50.92295 ] }, { "date": "2024-04-05", "close": 61.558346, "volume": 2272500, "typical_volume": 16840248.95, "trend": 42.067741, "fair_value": 24.673423, "relative_strength": 69.583753, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.42799, "energy": 25.075514, "activity_lines": [ 58.418727, 62.021698, 59.116513, 52.278539 ] }, { "date": "2024-04-12", "close": 58.6311, "volume": 2065500, "typical_volume": 16297323.95, "trend": 43.476839, "fair_value": 24.831671, "relative_strength": 55.695774, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.956257, "energy": 20.211264, "activity_lines": [ 58.527783, 61.177962, 59.498203, 53.347143 ] }, { "date": "2024-04-19", "close": 66.293602, "volume": 15859125, "typical_volume": 16539198.95, "trend": 45.154268, "fair_value": 25.045425, "relative_strength": 82.708463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.578881, "energy": 28.175136, "activity_lines": [ 61.414854, 61.758715, 60.482563, 54.819192 ] }, { "date": "2024-04-26", "close": 66.551895, "volume": 25904250, "typical_volume": 17392905.2, "trend": 46.844611, "fair_value": 25.267693, "relative_strength": 74.226084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.42601, "energy": 35.476742, "activity_lines": [ 63.687779, 62.251809, 61.352128, 56.199684 ] }, { "date": "2024-05-03", "close": 65.432655, "volume": 7336125, "typical_volume": 16325561.45, "trend": 48.491907, "fair_value": 25.49745, "relative_strength": 66.166173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.677412, "energy": 36.257139, "activity_lines": [ 64.738147, 62.588365, 62.003586, 57.398913 ] }, { "date": "2024-05-10", "close": 72.578583, "volume": 27105750, "typical_volume": 16209123.95, "trend": 50.381705, "fair_value": 25.772305, "relative_strength": 76.792503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.75297, "energy": 47.248635, "activity_lines": [ 67.699835, 64.349411, 63.268781, 58.952892 ] }, { "date": "2024-05-17", "close": 81.618614, "volume": 39528000, "typical_volume": 17150861.45, "trend": 52.580012, "fair_value": 26.120718, "relative_strength": 88.60833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.681361, "energy": 70.478677, "activity_lines": [ 72.940184, 67.898114, 65.269068, 60.968176 ] }, { "date": "2024-05-24", "close": 85.665115, "volume": 14375250, "typical_volume": 17063673.95, "trend": 54.916073, "fair_value": 26.529129, "relative_strength": 89.881922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.375792, "energy": 79.425874, "activity_lines": [ 77.996866, 71.825638, 67.494844, 63.102699 ] }, { "date": "2024-05-31", "close": 90.400375, "volume": 5739750, "typical_volume": 16317405.2, "trend": 57.346839, "fair_value": 26.96742, "relative_strength": 98.296767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.749173, "energy": 86.380016, "activity_lines": [ 83.340533, 76.070934, 70.006786, 65.392009 ] }, { "date": "2024-06-07", "close": 92.983238, "volume": 27695250, "typical_volume": 17229150.0, "trend": 59.796258, "fair_value": 27.419667, "relative_strength": 92.10786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.421033, "energy": 89.731258, "activity_lines": [ 87.955256, 80.120558, 72.576124, 67.691131 ] }, { "date": "2024-06-14", "close": 91.26133, "volume": 9410625, "typical_volume": 16435406.25, "trend": 62.129449, "fair_value": 27.862532, "relative_strength": 78.452382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.643443, "energy": 87.710148, "activity_lines": [ 90.159305, 83.227826, 74.775662, 69.721136 ] }, { "date": "2024-06-21", "close": 93.413719, "volume": 2725875, "typical_volume": 15029662.5, "trend": 64.178524, "fair_value": 28.326762, "relative_strength": 72.440997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.959781, "energy": 87.442615, "activity_lines": [ 91.8353, 86.186384, 76.985859, 71.739476 ] }, { "date": "2024-06-28", "close": 99.440407, "volume": 18608625, "typical_volume": 15754443.75, "trend": 66.259167, "fair_value": 28.828915, "relative_strength": 80.484979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.6683, "energy": 83.879338, "activity_lines": [ 94.73385, 89.608292, 79.612594, 74.014436 ] }, { "date": "2024-07-05", "close": 105.897583, "volume": 17937000, "typical_volume": 15800962.5, "trend": 68.35129, "fair_value": 29.373407, "relative_strength": 82.933766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.429175, "energy": 76.344506, "activity_lines": [ 98.86644, 93.601563, 82.661198, 76.571753 ] }, { "date": "2024-07-12", "close": 106.758537, "volume": 4279500, "typical_volume": 14630343.75, "trend": 70.196606, "fair_value": 29.924364, "relative_strength": 76.897552, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.633814, "energy": 72.413746, "activity_lines": [ 102.252867, 97.035995, 85.616737, 79.04964 ] }, { "date": "2024-07-19", "close": 94.705154, "volume": 22515750, "typical_volume": 15364631.25, "trend": 71.815203, "fair_value": 30.389304, "relative_strength": 60.344778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.639321, "energy": 59.659507, "activity_lines": [ 100.703147, 97.527523, 87.260343, 80.630837 ] }, { "date": "2024-07-26", "close": 100.301369, "volume": 12566250, "typical_volume": 14964356.25, "trend": 73.557204, "fair_value": 30.892956, "relative_strength": 71.116712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.879826, "energy": 54.520001, "activity_lines": [ 100.789243, 98.634243, 89.369276, 82.468654 ] }, { "date": "2024-08-02", "close": 96.857544, "volume": 2616750, "typical_volume": 13942743.75, "trend": 75.083966, "fair_value": 31.37737, "relative_strength": 64.853832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.329287, "energy": 45.239912, "activity_lines": [ 99.268221, 98.775127, 90.967784, 83.971902 ] }, { "date": "2024-08-09", "close": 100.731842, "volume": 8023500, "typical_volume": 13626562.5, "trend": 76.748481, "fair_value": 31.884963, "relative_strength": 68.429325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.568663, "energy": 34.988021, "activity_lines": [ 99.210823, 99.41693, 92.739713, 85.626603 ] }, { "date": "2024-08-16", "close": 101.162323, "volume": 12697875, "typical_volume": 13963162.5, "trend": 78.461783, "fair_value": 32.391059, "relative_strength": 58.598047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.727288, "energy": 36.098487, "activity_lines": [ 99.6413, 99.949158, 94.329202, 87.20169 ] }, { "date": "2024-08-23", "close": 117.520485, "volume": 54394875, "typical_volume": 16569281.25, "trend": 80.697399, "fair_value": 33.01455, "relative_strength": 80.544919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.271248, "energy": 50.939132, "activity_lines": [ 105.89758, 103.306886, 97.272851, 89.721606 ] }, { "date": "2024-08-30", "close": 104.175667, "volume": 23834250, "typical_volume": 17657718.75, "trend": 82.158154, "fair_value": 33.561214, "relative_strength": 55.465289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.967904, "energy": 43.333167, "activity_lines": [ 106.184565, 103.760844, 98.679079, 91.236333 ] }, { "date": "2024-09-06", "close": 102.023277, "volume": 18452250, "typical_volume": 17787375.0, "trend": 83.595951, "fair_value": 34.09255, "relative_strength": 54.42047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.481008, "energy": 40.542365, "activity_lines": [ 105.4958, 103.627787, 99.663439, 92.517954 ] }, { "date": "2024-09-13", "close": 96.857544, "volume": 13271625, "typical_volume": 17155743.75, "trend": 84.520044, "fair_value": 34.590518, "relative_strength": 41.342848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.565576, "energy": 33.319191, "activity_lines": [ 102.740741, 102.508544, 99.985683, 93.373541 ] }, { "date": "2024-09-20", "close": 96.427063, "volume": 7602750, "typical_volume": 17169075.0, "trend": 85.323602, "fair_value": 35.091591, "relative_strength": 35.38637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.187883, "energy": 16.847057, "activity_lines": [ 100.100476, 101.475397, 100.122615, 94.141736 ] }, { "date": "2024-09-27", "close": 93.413719, "volume": 13305375, "typical_volume": 16479056.25, "trend": 85.75408, "fair_value": 35.575133, "relative_strength": 25.006582, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.067076, "energy": 16.696801, "activity_lines": [ 96.771447, 100.082214, 99.824971, 94.663679 ] }, { "date": "2024-10-04", "close": 87.817505, "volume": 4081500, "typical_volume": 14706731.25, "trend": 86.615036, "fair_value": 36.021782, "relative_strength": 18.19753, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.426545, "energy": 13.064809, "activity_lines": [ 93.18413, 97.695018, 98.895138, 94.796803 ] }, { "date": "2024-10-11", "close": 81.015953, "volume": 8232750, "typical_volume": 14399606.25, "trend": 87.455903, "fair_value": 36.422281, "relative_strength": 4.626342, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.0476, "energy": 21.626279, "activity_lines": [ 88.420174, 94.298155, 97.288021, 94.435572 ] }, { "date": "2024-10-18", "close": 71.20105, "volume": 13393125, "typical_volume": 14782275.0, "trend": 88.035613, "fair_value": 36.752724, "relative_strength": -11.389091, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.265193, "energy": 56.875035, "activity_lines": [ 81.785072, 89.404794, 94.768289, 93.386871 ] }, { "date": "2024-10-25", "close": 72.922966, "volume": 8204625, "typical_volume": 13807743.75, "trend": 88.520619, "fair_value": 37.097265, "relative_strength": -9.800429, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.667344, "energy": 62.816281, "activity_lines": [ 77.434375, 85.361431, 92.503975, 92.411862 ] }, { "date": "2024-11-01", "close": 81.188141, "volume": 7835625, "typical_volume": 13728993.75, "trend": 89.174945, "fair_value": 37.493002, "relative_strength": 1.516001, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.394227, "energy": 60.760817, "activity_lines": [ 77.405675, 83.334271, 91.122345, 91.938799 ] }, { "date": "2024-11-08", "close": 81.704712, "volume": 16107750, "typical_volume": 14398087.5, "trend": 89.944066, "fair_value": 37.873946, "relative_strength": -2.423674, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.699958, "energy": 56.872709, "activity_lines": [ 78.364205, 82.061621, 89.83788, 91.456848 ] }, { "date": "2024-11-15", "close": 96.857544, "volume": 50970375, "typical_volume": 16016175.0, "trend": 90.962864, "fair_value": 38.354573, "relative_strength": 17.870563, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.163353, "energy": 12.715829, "activity_lines": [ 84.781198, 83.952594, 90.0523, 91.902879 ] }, { "date": "2024-11-22", "close": 86.095589, "volume": 19108603, "typical_volume": 16074755.15, "trend": 91.61432, "fair_value": 38.770038, "relative_strength": 2.987184, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -34.667278, "energy": 20.686938, "activity_lines": [ 86.554767, 83.98077, 89.25407, 91.588861 ] }, { "date": "2024-11-29", "close": 84.373688, "volume": 13183875, "typical_volume": 16519973.9, "trend": 92.245688, "fair_value": 39.17268, "relative_strength": 2.93309, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.776264, "energy": 21.723123, "activity_lines": [ 86.7614, 83.891545, 88.386145, 91.121724 ] }, { "date": "2024-12-06", "close": 85.234634, "volume": 11212875, "typical_volume": 15954830.15, "trend": 92.667556, "fair_value": 39.581351, "relative_strength": -0.807991, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.513075, "energy": 21.577039, "activity_lines": [ 86.491633, 84.178008, 87.70681, 90.669398 ] }, { "date": "2024-12-13", "close": 68.101616, "volume": 11868750, "typical_volume": 15919955.15, "trend": 92.21699, "fair_value": 39.881216, "relative_strength": -20.172478, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.216052, "energy": 50.483798, "activity_lines": [ 80.241093, 81.498088, 85.440856, 89.084498 ] }, { "date": "2024-12-20", "close": 71.631538, "volume": 5361750, "typical_volume": 16057205.15, "trend": 91.749204, "fair_value": 40.196057, "relative_strength": -14.380224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.130152, "energy": 62.788195, "activity_lines": [ 76.074068, 79.818442, 83.664417, 87.756405 ] }, { "date": "2024-12-27", "close": 68.445992, "volume": 3620250, "typical_volume": 15837042.65, "trend": 91.017391, "fair_value": 40.471098, "relative_strength": -20.985142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.260762, "energy": 73.944896, "activity_lines": [ 72.526928, 77.730232, 81.704717, 86.252972 ] }, { "date": "2025-01-03", "close": 69.306953, "volume": 2328750, "typical_volume": 15318586.4, "trend": 90.228181, "fair_value": 40.754208, "relative_strength": -18.75482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.317797, "energy": 76.865105, "activity_lines": [ 70.443414, 75.848652, 79.980756, 84.852298 ] }, { "date": "2025-01-10", "close": 62.849781, "volume": 7033500, "typical_volume": 12950517.65, "trend": 89.28113, "fair_value": 40.985216, "relative_strength": -26.591612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.870004, "energy": 81.066798, "activity_lines": [ 67.211959, 72.858787, 77.793517, 83.08595 ] }, { "date": "2025-01-17", "close": 60.783485, "volume": 5477625, "typical_volume": 12032686.4, "trend": 88.193455, "fair_value": 41.207568, "relative_strength": -29.353972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.455528, "energy": 82.672228, "activity_lines": [ 64.784062, 69.826656, 75.669826, 81.247392 ] }, { "date": "2025-01-24", "close": 61.127869, "volume": 1818000, "typical_volume": 11200973.9, "trend": 86.916371, "fair_value": 41.448448, "relative_strength": -30.01891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.439516, "energy": 79.974638, "activity_lines": [ 62.958835, 67.237526, 73.785562, 79.501225 ] }, { "date": "2025-02-07", "close": 61.213966, "volume": 4115187, "typical_volume": 10743152.0, "trend": 85.426917, "fair_value": 41.694215, "relative_strength": -29.511459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.486242, "energy": 77.952566, "activity_lines": [ 61.862552, 65.313681, 72.104238, 77.843006 ] }, { "date": "2025-02-14", "close": 53.723652, "volume": 7763536, "typical_volume": 10751191.3, "trend": 83.659087, "fair_value": 41.893243, "relative_strength": -36.960408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.958319, "energy": 79.353517, "activity_lines": [ 58.751632, 62.480354, 69.879282, 75.797634 ] }, { "date": "2025-02-21", "close": 58.889385, "volume": 6081849, "typical_volume": 10390015.0, "trend": 82.465228, "fair_value": 42.121559, "relative_strength": -32.143545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.25744, "energy": 74.736622, "activity_lines": [ 58.40151, 61.143524, 68.349651, 74.199588 ] }, { "date": "2025-02-28", "close": 61.558346, "volume": 3732255, "typical_volume": 10372552.75, "trend": 81.173794, "fair_value": 42.371829, "relative_strength": -26.537441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.260712, "energy": 65.424847, "activity_lines": [ 59.205068, 60.770964, 67.238607, 72.850757 ] }, { "date": "2025-03-07", "close": 62.074924, "volume": 6192946, "typical_volume": 10270562.55, "trend": 80.014374, "fair_value": 42.63102, "relative_strength": -23.749679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.790094, "energy": 55.686145, "activity_lines": [ 60.129162, 60.611297, 66.301806, 71.618572 ] }, { "date": "2025-03-14", "close": 55.359467, "volume": 4995096, "typical_volume": 9850661.1, "trend": 78.501961, "fair_value": 42.840534, "relative_strength": -29.887338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.358241, "energy": 55.630842, "activity_lines": [ 58.751633, 59.404393, 64.815632, 70.027933 ] }, { "date": "2025-03-21", "close": 55.962135, "volume": 2254388, "typical_volume": 9553149.25, "trend": 76.995288, "fair_value": 43.065386, "relative_strength": -29.775071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.362604, "energy": 59.053967, "activity_lines": [ 57.965293, 58.545003, 63.462291, 68.573751 ] }, { "date": "2025-03-28", "close": 50.796398, "volume": 2832434, "typical_volume": 9302989.7, "trend": 74.771152, "fair_value": 43.259675, "relative_strength": -34.36005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.004926, "energy": 73.119181, "activity_lines": [ 55.307808, 56.989021, 61.697741, 66.8835 ] }, { "date": "2025-04-04", "close": 47.783054, "volume": 2219678, "typical_volume": 8608586.1, "trend": 72.891398, "fair_value": 43.425976, "relative_strength": -37.157194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.448119, "energy": 89.203738, "activity_lines": [ 52.185408, 55.10431, 59.790929, 65.142332 ] }, { "date": "2025-04-11", "close": 45.88895, "volume": 6155211, "typical_volume": 6367827.9, "trend": 71.020254, "fair_value": 43.581157, "relative_strength": -33.939033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.725694, "energy": 88.808864, "activity_lines": [ 49.349993, 53.111588, 57.865257, 63.400239 ] }, { "date": "2025-04-18", "close": 50.882496, "volume": 7650231, "typical_volume": 5794909.3, "trend": 69.487752, "fair_value": 43.767837, "relative_strength": -26.163896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.99005, "energy": 74.857799, "activity_lines": [ 49.258158, 52.303855, 56.657869, 62.101028 ] }, { "date": "2025-04-25", "close": 48.04134, "volume": 4624376, "typical_volume": 5366934.35, "trend": 67.874895, "fair_value": 43.94421, "relative_strength": -31.600622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.318449, "energy": 64.053047, "activity_lines": [ 48.517736, 51.167393, 55.347576, 60.717389 ] }, { "date": "2025-05-02", "close": 52.948788, "volume": 17624182, "typical_volume": 5687499.7, "trend": 66.526064, "fair_value": 44.155101, "relative_strength": -27.63204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.377601, "energy": 51.125223, "activity_lines": [ 49.941183, 51.026509, 54.677671, 59.754414 ] }, { "date": "2025-05-09", "close": 43.392178, "volume": 10232350, "typical_volume": 5605679.7, "trend": 65.04522, "fair_value": 44.312637, "relative_strength": -40.684135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.972035, "energy": 53.342507, "activity_lines": [ 48.0356, 49.256071, 53.251354, 58.261905 ] }, { "date": "2025-05-16", "close": 44.941902, "volume": 5949329, "typical_volume": 5635058.65, "trend": 63.842751, "fair_value": 44.477047, "relative_strength": -40.705664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.372188, "energy": 53.04838, "activity_lines": [ 46.939317, 48.097694, 52.090293, 56.964917 ] }, { "date": "2025-05-23", "close": 44.769707, "volume": 1580942, "typical_volume": 5533093.25, "trend": 62.961707, "fair_value": 44.644688, "relative_strength": -39.819666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.56096, "energy": 52.805084, "activity_lines": [ 45.848773, 47.219519, 51.039927, 55.734398 ] }, { "date": "2025-05-30", "close": 43.133892, "volume": 1982745, "typical_volume": 5515793.0, "trend": 61.968737, "fair_value": 44.799803, "relative_strength": -40.540756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.99042, "energy": 61.298424, "activity_lines": [ 44.620476, 46.236464, 49.946513, 54.455184 ] }, { "date": "2025-06-06", "close": 43.650463, "volume": 2245657, "typical_volume": 5276400.85, "trend": 60.717481, "fair_value": 44.95823, "relative_strength": -39.93292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.917961, "energy": 54.443667, "activity_lines": [ 43.891532, 45.580572, 49.02693, 53.27336 ] }, { "date": "2025-06-13", "close": 43.908752, "volume": 3484930, "typical_volume": 5176766.1, "trend": 59.457616, "fair_value": 45.115762, "relative_strength": -39.926262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.226225, "energy": 50.189835, "activity_lines": [ 43.868574, 45.101567, 48.223371, 52.188926 ] }, { "date": "2025-06-20", "close": 41.799412, "volume": 1978404, "typical_volume": 5184786.3, "trend": 57.622345, "fair_value": 45.258498, "relative_strength": -42.014466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.898583, "energy": 50.493346, "activity_lines": [ 43.108063, 44.309488, 47.299279, 51.049687 ] }, { "date": "2025-06-27", "close": 40.680168, "volume": 1365301, "typical_volume": 5047292.0, "trend": 56.108498, "fair_value": 45.401454, "relative_strength": -44.175126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.648673, "energy": 52.173859, "activity_lines": [ 42.183971, 43.388265, 46.360632, 49.956643 ] }, { "date": "2025-07-04", "close": 41.368931, "volume": 3358620, "typical_volume": 4827046.2, "trend": 54.675006, "fair_value": 45.551886, "relative_strength": -42.294205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.371111, "energy": 49.136133, "activity_lines": [ 41.762102, 42.777769, 45.585361, 49.005704 ] }, { "date": "2025-07-11", "close": 39.216541, "volume": 2034592, "typical_volume": 4624683.35, "trend": 53.141069, "fair_value": 45.694895, "relative_strength": -44.861593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.309194, "energy": 56.726657, "activity_lines": [ 40.740434, 41.897246, 44.663933, 48.008383 ] }, { "date": "2025-07-18", "close": 38.829109, "volume": 1222070, "typical_volume": 4499174.1, "trend": 52.165319, "fair_value": 45.828536, "relative_strength": -45.950098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.604805, "energy": 67.830295, "activity_lines": [ 39.885217, 41.195957, 43.799287, 47.085031 ] }, { "date": "2025-07-25", "close": 37.968159, "volume": 1225744, "typical_volume": 4250814.0, "trend": 51.043206, "fair_value": 45.945075, "relative_strength": -46.25974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.996176, "energy": 69.88567, "activity_lines": [ 39.081659, 40.421098, 42.96088, 46.169085 ] }, { "date": "2025-08-01", "close": 37.686388, "volume": 2053941, "typical_volume": 4103756.25, "trend": 50.017886, "fair_value": 46.057671, "relative_strength": -45.809358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.884212, "energy": 79.387879, "activity_lines": [ 38.439594, 39.721802, 42.210432, 45.307355 ] }, { "date": "2025-08-08", "close": 35.901859, "volume": 1143258, "typical_volume": 4048199.75, "trend": 48.904383, "fair_value": 46.157226, "relative_strength": -48.644386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.790292, "energy": 89.110953, "activity_lines": [ 37.402272, 38.826834, 41.374187, 44.396644 ] }, { "date": "2025-08-15", "close": 41.799412, "volume": 6370628, "typical_volume": 4225109.45, "trend": 48.202704, "fair_value": 46.292716, "relative_strength": -39.794618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.38442, "energy": 53.395235, "activity_lines": [ 38.695272, 39.135641, 41.195138, 43.938258 ] }, { "date": "2025-08-22", "close": 38.527779, "volume": 2527412, "typical_volume": 4240496.15, "trend": 47.460847, "fair_value": 46.401893, "relative_strength": -42.040881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.508429, "energy": 47.623905, "activity_lines": [ 38.725537, 38.88326, 40.747348, 43.31407 ] }, { "date": "2025-08-29", "close": 40.099998, "volume": 4125156, "typical_volume": 4138993.4, "trend": 46.759918, "fair_value": 46.525155, "relative_strength": -39.320033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.551217, "energy": 34.285703, "activity_lines": [ 39.299963, 39.014573, 40.493366, 42.839176 ] }, { "date": "2025-09-05", "close": 39.0, "volume": 2366110, "typical_volume": 3874787.35, "trend": 46.019453, "fair_value": 46.640563, "relative_strength": -40.315673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.4413, "energy": 25.767447, "activity_lines": [ 39.365601, 38.976785, 40.162188, 42.338536 ] }, { "date": "2025-09-12", "close": 37.700001, "volume": 1477009, "typical_volume": 3717419.0, "trend": 45.485331, "fair_value": 46.752713, "relative_strength": -43.181438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.330918, "energy": 34.340872, "activity_lines": [ 38.910331, 38.733182, 39.763785, 41.801797 ] }, { "date": "2025-09-19", "close": 36.0, "volume": 987845, "typical_volume": 2885602.15, "trend": 44.722352, "fair_value": 46.853164, "relative_strength": -44.721271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.933617, "energy": 44.528796, "activity_lines": [ 37.768519, 38.247196, 39.252721, 41.189841 ] }, { "date": "2025-09-26", "close": 34.099998, "volume": 1214420, "typical_volume": 2434705.65, "trend": 43.807073, "fair_value": 46.940901, "relative_strength": -46.421229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.281015, "energy": 60.318164, "activity_lines": [ 36.379999, 37.474237, 38.641413, 40.504527 ] }, { "date": "2025-10-03", "close": 33.400002, "volume": 1071127, "typical_volume": 2190795.55, "trend": 42.851243, "fair_value": 47.02789, "relative_strength": -48.708674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.489933, "energy": 74.953383, "activity_lines": [ 35.053334, 36.65999, 38.007687, 39.833103 ] }, { "date": "2025-10-10", "close": 32.799999, "volume": 1569250, "typical_volume": 2190210.95, "trend": 42.09926, "fair_value": 47.120646, "relative_strength": -49.536703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.988309, "energy": 80.080562, "activity_lines": [ 33.973333, 35.819709, 37.371779, 39.184636 ] }, { "date": "2025-10-17", "close": 31.65, "volume": 1317062, "typical_volume": 2156926.8, "trend": 41.288856, "fair_value": 47.196417, "relative_strength": -50.353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.357489, "energy": 81.724186, "activity_lines": [ 32.923333, 34.859181, 36.683346, 38.51049 ] }, { "date": "2025-10-24", "close": 31.950001, "volume": 891901, "typical_volume": 2089239.0, "trend": 40.660643, "fair_value": 47.273576, "relative_strength": -49.523051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.135222, "energy": 76.993752, "activity_lines": [ 32.376667, 34.030505, 36.07817, 37.907983 ] }, { "date": "2025-10-31", "close": 33.900002, "volume": 7864338, "typical_volume": 2308209.4, "trend": 40.197874, "fair_value": 47.35923, "relative_strength": -46.918594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.117095, "energy": 52.004208, "activity_lines": [ 32.750001, 33.735455, 35.714425, 37.471813 ] }, { "date": "2025-11-07", "close": 31.799999, "volume": 3367352, "typical_volume": 2377656.8, "trend": 39.728243, "fair_value": 47.437031, "relative_strength": -48.093647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.005664, "energy": 49.726289, "activity_lines": [ 32.436667, 33.142728, 35.198341, 36.930015 ] }, { "date": "2025-11-14", "close": 31.0, "volume": 1398013, "typical_volume": 2379292.4, "trend": 39.065493, "fair_value": 47.494215, "relative_strength": -47.872985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.830405, "energy": 52.597634, "activity_lines": [ 31.963334, 32.555455, 34.653682, 36.366902 ] }, { "date": "2025-11-21", "close": 26.5, "volume": 5624589, "typical_volume": 2492590.85, "trend": 38.347448, "fair_value": 47.5327, "relative_strength": -52.445324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.015654, "energy": 63.366066, "activity_lines": [ 30.11, 31.295455, 33.726548, 35.556225 ] }, { "date": "2025-11-28", "close": 28.950001, "volume": 1367563, "typical_volume": 2459239.4, "trend": 37.547488, "fair_value": 47.578879, "relative_strength": -49.02883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.076728, "energy": 74.260608, "activity_lines": [ 29.416667, 30.684546, 33.103551, 34.949938 ] }, { "date": "2025-12-05", "close": 28.5, "volume": 685939, "typical_volume": 2432432.85, "trend": 37.051082, "fair_value": 47.630719, "relative_strength": -49.138178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.114086, "energy": 78.916688, "activity_lines": [ 28.773334, 30.12, 32.486586, 34.36623 ] }, { "date": "2025-12-12", "close": 28.200001, "volume": 946411, "typical_volume": 2418466.2, "trend": 36.493019, "fair_value": 47.677164, "relative_strength": -48.744485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.677801, "energy": 75.06765, "activity_lines": [ 28.390001, 29.602728, 31.890236, 33.795192 ] }, { "date": "2025-12-19", "close": 28.25, "volume": 7205058, "typical_volume": 2676022.05, "trend": 35.942362, "fair_value": 47.728469, "relative_strength": -46.705404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.898321, "energy": 53.825719, "activity_lines": [ 28.263334, 29.189091, 31.345162, 33.263384 ] }, { "date": "2025-12-26", "close": 27.9, "volume": 1305279, "typical_volume": 2684123.1, "trend": 35.434566, "fair_value": 47.782872, "relative_strength": -47.793461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.425778, "energy": 52.323257, "activity_lines": [ 28.203334, 28.794546, 30.811691, 32.744522 ] }, { "date": "2026-01-02", "close": 28.4, "volume": 870697, "typical_volume": 2409126.55, "trend": 34.926217, "fair_value": 47.84315, "relative_strength": -47.225157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.437175, "energy": 47.715644, "activity_lines": [ 28.216667, 28.559091, 30.363942, 32.290679 ] }, { "date": "2026-01-09", "close": 28.5, "volume": 1361187, "typical_volume": 2350815.3, "trend": 34.412592, "fair_value": 47.903536, "relative_strength": -47.534401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.477189, "energy": 43.208306, "activity_lines": [ 28.3, 28.406364, 29.989524, 31.876085 ] }, { "date": "2026-01-16", "close": 29.25, "volume": 2921320, "typical_volume": 2290623.5, "trend": 33.994278, "fair_value": 47.967927, "relative_strength": -47.051455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.286726, "energy": 33.746722, "activity_lines": [ 28.633333, 28.488182, 29.734286, 31.543014 ] }, { "date": "2026-01-23", "close": 29.200001, "volume": 1667026, "typical_volume": 2255669.3, "trend": 33.611606, "fair_value": 48.033334, "relative_strength": -47.065178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.750361, "energy": 27.4509, "activity_lines": [ 28.88, 28.607273, 29.525953, 31.233706 ] }, { "date": "2026-01-30", "close": 28.049999, "volume": 1164647, "typical_volume": 2240051.2, "trend": 33.167642, "fair_value": 48.091636, "relative_strength": -48.319578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.216695, "energy": 29.069094, "activity_lines": [ 28.68, 28.55, 29.254762, 30.874893 ] }, { "date": "2026-02-06", "close": 26.35, "volume": 1262072, "typical_volume": 2253762.55, "trend": 32.738757, "fair_value": 48.136904, "relative_strength": -50.012941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.73273, "energy": 40.510563, "activity_lines": [ 27.903333, 28.155455, 28.867619, 30.435045 ] }, { "date": "2026-02-13", "close": 25.75, "volume": 693634, "typical_volume": 2227723.25, "trend": 32.302787, "fair_value": 48.180729, "relative_strength": -52.952939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.711171, "energy": 53.196088, "activity_lines": [ 27.063333, 27.699091, 28.469286, 29.984157 ] }, { "date": "2026-02-27", "close": 25.9, "volume": 706881, "typical_volume": 2209510.95, "trend": 31.900515, "fair_value": 48.225249, "relative_strength": -54.148174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.509763, "energy": 70.78753, "activity_lines": [ 26.456667, 27.32, 28.125, 29.571074 ] }, { "date": "2026-03-06", "close": 25.15, "volume": 1939713, "typical_volume": 2228034.1, "trend": 31.482635, "fair_value": 48.264961, "relative_strength": -51.957713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.632829, "energy": 76.637057, "activity_lines": [ 25.823333, 26.846364, 27.745, 29.135557 ] }, { "date": "2026-03-13", "close": 23.85, "volume": 1006574, "typical_volume": 2212509.7, "trend": 31.080906, "fair_value": 48.293402, "relative_strength": -52.988137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.123711, "energy": 79.697747, "activity_lines": [ 25.026667, 26.192727, 27.277619, 28.643129 ] }, { "date": "2026-03-20", "close": 23.950001, "volume": 1714206, "typical_volume": 2253624.95, "trend": 30.485926, "fair_value": 48.323286, "relative_strength": -51.893059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.076315, "energy": 74.205154, "activity_lines": [ 24.543334, 25.630909, 26.856905, 28.183071 ] }, { "date": "2026-03-27", "close": 23.5, "volume": 616532, "typical_volume": 1891234.65, "trend": 29.985, "fair_value": 48.352421, "relative_strength": -51.033693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.809706, "energy": 77.262088, "activity_lines": [ 24.07, 25.068182, 26.431429, 27.732366 ] }, { "date": "2026-04-03", "close": 22.6, "volume": 667672, "typical_volume": 1756250.65, "trend": 29.401667, "fair_value": 48.376054, "relative_strength": -51.051556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.579987, "energy": 79.714818, "activity_lines": [ 23.446667, 24.432727, 25.969762, 27.255914 ] }, { "date": "2026-04-10", "close": 22.0, "volume": 890918, "typical_volume": 1730895.9, "trend": 28.835, "fair_value": 48.393704, "relative_strength": -55.192874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.292084, "energy": 78.039382, "activity_lines": [ 22.843333, 23.809091, 25.494762, 26.778387 ] }, { "date": "2026-04-17", "close": 21.549999, "volume": 966225, "typical_volume": 1497977.7, "trend": 28.296667, "fair_value": 48.406868, "relative_strength": -56.703193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.776162, "energy": 81.482483, "activity_lines": [ 22.3, 23.234545, 25.019762, 26.308387 ] }, { "date": "2026-04-24", "close": 21.15, "volume": 1997666, "typical_volume": 1529482.85, "trend": 27.801667, "fair_value": 48.419069, "relative_strength": -58.605021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.622414, "energy": 78.032012, "activity_lines": [ 21.776666, 22.705454, 24.530238, 25.847312 ] }, { "date": "2026-05-01", "close": 20.049999, "volume": 957112, "typical_volume": 1543041.5, "trend": 27.333333, "fair_value": 48.427157, "relative_strength": -59.62666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.141176, "energy": 84.901841, "activity_lines": [ 21.073333, 22.070909, 23.973095, 25.347204 ] }, { "date": "2026-05-08", "close": 21.75, "volume": 2452366, "typical_volume": 1618339.25, "trend": 26.945, "fair_value": 48.445876, "relative_strength": -57.732104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.145381, "energy": 66.962858, "activity_lines": [ 21.166666, 21.849091, 23.618095, 24.986989 ] }, { "date": "2026-05-15", "close": 20.0, "volume": 1363518, "typical_volume": 1326262.25, "trend": 26.518333, "fair_value": 48.451774, "relative_strength": -59.730697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.971149, "energy": 70.90595, "activity_lines": [ 20.733333, 21.384545, 23.127143, 24.538925 ] }, { "date": "2026-05-22", "close": 20.75, "volume": 1041638, "typical_volume": 1313080.2, "trend": 26.155, "fair_value": 48.471559, "relative_strength": -58.261174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.915551, "energy": 58.80431, "activity_lines": [ 20.683333, 21.15, 22.746905, 24.166774 ] }, { "date": "2026-05-29", "close": 19.9, "volume": 1474427, "typical_volume": 1343266.7, "trend": 25.753333, "fair_value": 48.488032, "relative_strength": -61.14578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.450582, "energy": 58.034656, "activity_lines": [ 20.403333, 20.817273, 22.319762, 23.763226 ] }, { "date": "2026-06-05", "close": 22.35, "volume": 2390360, "typical_volume": 1394725.35, "trend": 25.368333, "fair_value": 48.521279, "relative_strength": -55.551185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.926306, "energy": 44.011836, "activity_lines": [ 21.023333, 21.003636, 22.166428, 23.543656 ] }, { "date": "2026-06-12", "close": 20.950001, "volume": 5039402, "typical_volume": 1500629.45, "trend": 25.006667, "fair_value": 48.538073, "relative_strength": -56.324623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.363445, "energy": 37.965458, "activity_lines": [ 21.023334, 20.956364, 21.909048, 23.258602 ] }, { "date": "2026-06-19", "close": 21.15, "volume": 1806036, "typical_volume": 1507579.95, "trend": 24.678333, "fair_value": 48.558286, "relative_strength": -56.916193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.195968, "energy": 33.934711, "activity_lines": [ 21.143334, 20.975455, 21.710238, 23.009785 ] }, { "date": "2026-06-26", "close": 19.6, "volume": 1653281, "typical_volume": 1532011.65, "trend": 24.448333, "fair_value": 48.569365, "relative_strength": -57.244167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.746298, "energy": 41.269005, "activity_lines": [ 20.67, 20.728182, 21.402143, 22.682151 ] }, { "date": "2026-07-03", "close": 20.25, "volume": 875181, "typical_volume": 1512667.1, "trend": 24.158333, "fair_value": 48.584076, "relative_strength": -56.806589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.775714, "energy": 43.249742, "activity_lines": [ 20.49, 20.634546, 21.19619, 22.41129 ] }, { "date": "2026-07-10", "close": 20.15, "volume": 1559709, "typical_volume": 1555970.85, "trend": 23.88, "fair_value": 48.597611, "relative_strength": -54.453263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.767011, "energy": 42.882078, "activity_lines": [ 20.253333, 20.539091, 21.009762, 22.152688 ] }, { "date": "2026-07-17", "close": 18.35, "volume": 1297851, "typical_volume": 1585519.35, "trend": 23.551667, "fair_value": 48.597686, "relative_strength": -54.75978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.077866, "energy": 57.407039, "activity_lines": [ 19.563333, 20.114546, 20.678571, 21.795914 ] }, { "date": "2026-07-24", "close": 18.950001, "volume": 803474, "typical_volume": 1528707.4, "trend": 23.241667, "fair_value": 48.604366, "relative_strength": -53.171189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.861852, "energy": 53.781436, "activity_lines": [ 19.246667, 19.860909, 20.440476, 21.499032 ] }, { "date": "2026-07-31", "close": 18.450001, "volume": 1333203, "typical_volume": 1545038.85, "trend": 22.926667, "fair_value": 48.607289, "relative_strength": -52.665375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.8498, "energy": 52.329512, "activity_lines": [ 18.910001, 19.535455, 20.184286, 21.189893 ] }, { "date": "2026-08-07", "close": 18.15, "volume": 597610, "typical_volume": 1489209.05, "trend": 22.585, "fair_value": 48.609117, "relative_strength": -53.412577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.710535, "energy": 59.574317, "activity_lines": [ 18.55, 19.197273, 19.925238, 20.881721 ] }, { "date": "2026-08-14", "close": 17.9, "volume": 377242, "typical_volume": 1477244.55, "trend": 22.231667, "fair_value": 48.607135, "relative_strength": -54.548769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.186575, "energy": 55.313803, "activity_lines": [ 18.246667, 18.845455, 19.67, 20.579462 ] } ], "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." } } }