{ "ticker": { "uuid": "f0e4e3c0-c95f-4d6c-ba61-3ef84d756f19", "symbol": "2419", "name": "Hitron Technologies Inc.", "exchange": "TAI", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -64.838, "architecture_energy": 74.807, "architecture_maturity": 17.018, "architecture_confidence": 85.779, "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": 12.88, "rotation_up": 11.13, "upward_expansion": 17.54, "deceleration": 37.41, "rotation_down": 73.62, "downward_expansion": 93.21 }, "activity_lines": [ 24.416666, 25.571818, 27.531191, 28.647312 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 24.799999, "trend_reference": 29.62, "distance_from_trend": -0.162728, "trend_direction": "Improving", "fair_value": 28.882444, "distance_from_fair_value": -0.141347, "fair_value_direction": "Weakening", "relative_strength": -33.801356, "relative_strength_direction": "Weakening", "price_momentum": -0.101449, "excess_performance": -0.542821, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.162728, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.035664, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.141347, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.118199, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.338014, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.100031, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.101449, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.140728, "read": "Demand-led" } ], "volume": { "latest": 1819713, "relative_activity": 0.092884, "balance": 1.140728, "dry_up": 0.154922, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.111352, "annualized_volatility": 0.509033, "from_high_reference": -0.377666, "from_low_reference": 0.200968 }, "levels": { "trend_reference": 29.62, "fair_value_reference": 28.882444, "structural_low": 22.0, "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": 17, "median_return": -0.000879, "positive_rate": 0.470588, "directional_follow_through": 0.529412, "median_excess_return": 0.012482, "regime_survival": 0.647059, "best_return": 0.340483, "worst_return": -0.184825, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.01299, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.039344, "regime_survival": 0.375, "best_return": 0.299308, "worst_return": -0.252613, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.096599, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.045202, "regime_survival": 0.2, "best_return": 0.265458, "worst_return": -0.219512, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.149918, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.126723, "regime_survival": 0.0, "best_return": 0.572455, "worst_return": 0.045296, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-22", "end": "2024-04-26", "tenure": "Developing", "return": -0.104478, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-03", "end": "2024-06-14", "tenure": "Developing", "return": 0.021703, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-21", "end": "2024-07-19", "tenure": "Developing", "return": 0.167339, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-26", "end": "2024-08-02", "tenure": "New", "return": -0.043408, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-10-18", "tenure": "Developing", "return": 0.208029, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-12-13", "tenure": "Developing", "return": -0.084356, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": -0.040519, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": -0.017452, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-07-11", "tenure": "Established", "return": -0.212544, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-12-26", "tenure": "Established", "return": 0.090508, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-05-08", "tenure": "Established", "return": 0.239175, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-15", "end": "2026-06-26", "tenure": "Developing", "return": -0.061082, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": -0.207071, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": 0.024793, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 36.710609, "volume": 26954192, "typical_volume": 48792723.8, "trend": 29.22243, "fair_value": 22.21948, "relative_strength": 24.02497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.228828, "energy": 62.298626, "activity_lines": [ 41.486459, 39.767425, 34.481171, 32.019104 ] }, { "date": "2023-08-18", "close": 35.521603, "volume": 20704534, "typical_volume": 49112879.25, "trend": 29.611089, "fair_value": 22.326549, "relative_strength": 21.036946, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.989118, "energy": 38.952813, "activity_lines": [ 38.847522, 39.570121, 34.901653, 32.425502 ] }, { "date": "2023-08-25", "close": 40.723511, "volume": 87547138, "typical_volume": 53268031.0, "trend": 30.173145, "fair_value": 22.461608, "relative_strength": 36.920515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.495737, "energy": 27.948423, "activity_lines": [ 38.672473, 40.141193, 35.774255, 33.142432 ] }, { "date": "2023-09-01", "close": 37.404198, "volume": 24087319, "typical_volume": 53943675.55, "trend": 30.592868, "fair_value": 22.577645, "relative_strength": 23.929068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.014285, "energy": 25.163447, "activity_lines": [ 37.952463, 39.847982, 36.264246, 33.608952 ] }, { "date": "2023-09-08", "close": 34.87756, "volume": 19519359, "typical_volume": 53900071.15, "trend": 30.933123, "fair_value": 22.680303, "relative_strength": 15.813326, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.03107, "energy": 22.06596, "activity_lines": [ 36.928596, 38.894963, 36.464735, 33.885384 ] }, { "date": "2023-09-15", "close": 34.530762, "volume": 22763666, "typical_volume": 54578540.3, "trend": 31.234883, "fair_value": 22.776229, "relative_strength": 12.107628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.3624, "energy": 18.387464, "activity_lines": [ 36.089685, 37.798733, 36.587662, 34.117489 ] }, { "date": "2023-09-22", "close": 33.044502, "volume": 10317825, "typical_volume": 54703601.7, "trend": 31.472841, "fair_value": 22.862346, "relative_strength": 10.858172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.929865, "energy": 17.233304, "activity_lines": [ 34.900676, 36.529557, 36.52231, 34.234239 ] }, { "date": "2023-09-29", "close": 33.738091, "volume": 8229324, "typical_volume": 54813136.1, "trend": 31.694307, "fair_value": 22.953755, "relative_strength": 12.793561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.96634, "energy": 15.857077, "activity_lines": [ 34.108004, 35.630595, 36.484946, 34.380384 ] }, { "date": "2023-10-06", "close": 32.697712, "volume": 12859239, "typical_volume": 55230020.5, "trend": 31.893769, "fair_value": 23.040185, "relative_strength": 7.938299, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.46072, "energy": 15.459527, "activity_lines": [ 33.434234, 34.822611, 36.304411, 34.44512 ] }, { "date": "2023-10-13", "close": 32.103207, "volume": 5162841, "typical_volume": 55234110.15, "trend": 32.103519, "fair_value": 23.134361, "relative_strength": 4.296984, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.095899, "energy": 20.823601, "activity_lines": [ 32.876061, 34.138931, 36.031293, 34.458632 ] }, { "date": "2023-10-20", "close": 29.873817, "volume": 9021372, "typical_volume": 55363781.05, "trend": 32.221527, "fair_value": 23.209172, "relative_strength": -0.972374, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.345024, "energy": 49.944801, "activity_lines": [ 31.759716, 33.182321, 35.51136, 34.31478 ] }, { "date": "2023-10-27", "close": 28.882977, "volume": 5973548, "typical_volume": 55324458.3, "trend": 32.303338, "fair_value": 23.273404, "relative_strength": -2.428178, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.521114, "energy": 58.957191, "activity_lines": [ 30.623553, 32.169863, 34.878393, 34.09939 ] }, { "date": "2023-11-03", "close": 30.369238, "volume": 14704187, "typical_volume": 55670808.4, "trend": 32.423601, "fair_value": 23.350263, "relative_strength": 0.215896, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.658395, "energy": 58.445916, "activity_lines": [ 30.260245, 31.548336, 34.372118, 33.974609 ] }, { "date": "2023-11-10", "close": 28.635267, "volume": 6113256, "typical_volume": 55780576.25, "trend": 32.473388, "fair_value": 23.416008, "relative_strength": -6.330565, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.419485, "energy": 66.824528, "activity_lines": [ 29.543537, 30.799802, 33.681712, 33.730201 ] }, { "date": "2023-11-17", "close": 29.725191, "volume": 4851829, "typical_volume": 49508819.6, "trend": 32.613377, "fair_value": 23.492403, "relative_strength": -5.755736, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.804811, "energy": 59.628041, "activity_lines": [ 29.460967, 30.408871, 33.084374, 33.552898 ] }, { "date": "2023-11-24", "close": 29.923361, "volume": 4803168, "typical_volume": 40813938.75, "trend": 32.786908, "fair_value": 23.571759, "relative_strength": -5.643078, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.563783, "energy": 60.649899, "activity_lines": [ 29.602988, 30.14765, 32.509451, 33.379348 ] }, { "date": "2023-12-01", "close": 30.567406, "volume": 4985924, "typical_volume": 31876541.15, "trend": 32.970816, "fair_value": 23.650735, "relative_strength": -4.562256, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -31.998401, "energy": 49.412525, "activity_lines": [ 29.956388, 30.087299, 32.043284, 33.236155 ] }, { "date": "2023-12-08", "close": 33.688549, "volume": 56079502, "typical_volume": 25049079.75, "trend": 33.277776, "fair_value": 23.739853, "relative_strength": 5.307245, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -7.053291, "energy": 14.609894, "activity_lines": [ 31.237873, 30.639466, 31.950098, 33.28246 ] }, { "date": "2023-12-15", "close": 36.661068, "volume": 90327432, "typical_volume": 25016408.2, "trend": 33.661637, "fair_value": 23.846616, "relative_strength": 12.276758, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.1765, "energy": 17.237904, "activity_lines": [ 33.288911, 31.732993, 32.213614, 33.500737 ] }, { "date": "2023-12-22", "close": 35.372978, "volume": 15036267, "typical_volume": 22502096.1, "trend": 34.012068, "fair_value": 23.92962, "relative_strength": 8.414501, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 23.943249, "energy": 31.912711, "activity_lines": [ 34.375532, 32.52026, 32.396448, 33.611146 ] }, { "date": "2023-12-29", "close": 33.985802, "volume": 8158817, "typical_volume": 21562327.35, "trend": 34.279818, "fair_value": 24.005423, "relative_strength": 1.918601, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.805567, "energy": 31.714535, "activity_lines": [ 34.623242, 32.995863, 32.466279, 33.609451 ] }, { "date": "2024-01-05", "close": 33.985802, "volume": 10166220, "typical_volume": 21035411.65, "trend": 34.553906, "fair_value": 24.083763, "relative_strength": 3.959362, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.448876, "energy": 28.754774, "activity_lines": [ 34.600122, 33.396703, 32.549084, 33.590483 ] }, { "date": "2024-01-12", "close": 32.64817, "volume": 6118164, "typical_volume": 16963962.95, "trend": 34.762808, "fair_value": 24.148455, "relative_strength": -0.261937, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -6.418812, "energy": 13.42577, "activity_lines": [ 33.903233, 33.461558, 32.51181, 33.467532 ] }, { "date": "2024-01-19", "close": 32.053665, "volume": 4819440, "typical_volume": 16000569.0, "trend": 34.951893, "fair_value": 24.216101, "relative_strength": -3.214645, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.812528, "energy": 14.584357, "activity_lines": [ 33.077533, 33.376886, 32.45637, 33.292748 ] }, { "date": "2024-01-26", "close": 32.994961, "volume": 5068185, "typical_volume": 15278010.3, "trend": 35.036092, "fair_value": 24.28527, "relative_strength": -2.344384, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.337008, "energy": 17.13804, "activity_lines": [ 32.872759, 33.401207, 32.516056, 33.166495 ] }, { "date": "2024-02-02", "close": 33.886719, "volume": 6369269, "typical_volume": 14458290.45, "trend": 34.836273, "fair_value": 24.366921, "relative_strength": -0.357417, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.094983, "energy": 15.75962, "activity_lines": [ 33.123772, 33.528214, 32.669637, 33.092342 ] }, { "date": "2024-02-09", "close": 30.666491, "volume": 4992622, "typical_volume": 14192030.3, "trend": 34.309476, "fair_value": 24.436385, "relative_strength": -10.109179, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.325895, "energy": 25.267539, "activity_lines": [ 32.307981, 32.997665, 32.519595, 32.823323 ] }, { "date": "2024-02-16", "close": 31.310535, "volume": 3014582, "typical_volume": 13931293.2, "trend": 33.714973, "fair_value": 24.511668, "relative_strength": -10.776185, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.181902, "energy": 23.269537, "activity_lines": [ 31.928159, 32.582413, 32.442216, 32.629843 ] }, { "date": "2024-02-23", "close": 30.616947, "volume": 5794166, "typical_volume": 13578039.55, "trend": 33.219553, "fair_value": 24.581097, "relative_strength": -14.01102, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.273806, "energy": 34.072821, "activity_lines": [ 31.406316, 32.084291, 32.31034, 32.429971 ] }, { "date": "2024-03-01", "close": 29.972902, "volume": 5214482, "typical_volume": 13580621.6, "trend": 32.905787, "fair_value": 24.639068, "relative_strength": -15.896347, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.350566, "energy": 47.042907, "activity_lines": [ 30.765574, 31.578963, 32.127034, 32.220509 ] }, { "date": "2024-03-08", "close": 31.508703, "volume": 29731591, "typical_volume": 14616132.55, "trend": 32.73239, "fair_value": 24.708575, "relative_strength": -15.271662, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.400342, "energy": 42.547134, "activity_lines": [ 30.838235, 31.451054, 32.10014, 32.130375 ] }, { "date": "2024-03-15", "close": 31.310535, "volume": 6927038, "typical_volume": 14663807.05, "trend": 32.592021, "fair_value": 24.775121, "relative_strength": -15.295817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.462471, "energy": 37.263665, "activity_lines": [ 31.003375, 31.332154, 32.046588, 32.038642 ] }, { "date": "2024-03-22", "close": 33.19313, "volume": 8585963, "typical_volume": 14357895.85, "trend": 32.341008, "fair_value": 24.854581, "relative_strength": -12.614005, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.574618, "energy": 9.373102, "activity_lines": [ 31.75311, 31.604184, 32.16077, 32.077424 ] }, { "date": "2024-03-29", "close": 31.40962, "volume": 4795149, "typical_volume": 14291990.5, "trend": 32.141189, "fair_value": 24.919507, "relative_strength": -17.478787, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.951266, "energy": 12.957144, "activity_lines": [ 31.782836, 31.542031, 32.091647, 32.017334 ] }, { "date": "2024-04-05", "close": 31.360077, "volume": 2754921, "typical_volume": 14187145.1, "trend": 32.02394, "fair_value": 24.985807, "relative_strength": -17.658906, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.019099, "energy": 12.964575, "activity_lines": [ 31.743202, 31.482581, 32.004595, 31.96694 ] }, { "date": "2024-04-12", "close": 31.558245, "volume": 8979920, "typical_volume": 14395982.7, "trend": 31.924856, "fair_value": 25.049995, "relative_strength": -18.580658, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.222726, "energy": 5.151789, "activity_lines": [ 31.677146, 31.488886, 31.92863, 31.936895 ] }, { "date": "2024-04-19", "close": 29.031603, "volume": 6815160, "typical_volume": 14487444.5, "trend": 31.791092, "fair_value": 25.09545, "relative_strength": -20.337909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.969608, "energy": 42.566752, "activity_lines": [ 30.765573, 31.078138, 31.604248, 31.750234 ] }, { "date": "2024-04-26", "close": 29.725191, "volume": 3087344, "typical_volume": 11837836.6, "trend": 31.657329, "fair_value": 25.149015, "relative_strength": -20.751047, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.088894, "energy": 50.696138, "activity_lines": [ 30.237125, 30.823222, 31.353236, 31.61695 ] }, { "date": "2024-05-03", "close": 29.67565, "volume": 1901255, "typical_volume": 7416527.75, "trend": 31.556594, "fair_value": 25.202826, "relative_strength": -21.583596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.653588, "energy": 56.191243, "activity_lines": [ 29.923359, 30.588123, 31.116378, 31.489099 ] }, { "date": "2024-05-10", "close": 29.626108, "volume": 2243847, "typical_volume": 6776906.75, "trend": 31.474024, "fair_value": 25.249837, "relative_strength": -23.027336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.877501, "energy": 61.58549, "activity_lines": [ 29.708678, 30.36113, 30.908065, 31.364552 ] }, { "date": "2024-05-17", "close": 31.508703, "volume": 4937125, "typical_volume": 6615822.15, "trend": 31.52852, "fair_value": 25.3278, "relative_strength": -20.192869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.740395, "energy": 35.716035, "activity_lines": [ 30.237125, 30.482734, 30.906414, 31.366789 ] }, { "date": "2024-05-24", "close": 31.706871, "volume": 3961289, "typical_volume": 6305575.6, "trend": 31.62265, "fair_value": 25.420562, "relative_strength": -20.804243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.850991, "energy": 14.702909, "activity_lines": [ 30.834932, 30.640367, 30.935432, 31.378296 ] }, { "date": "2024-05-31", "close": 32.053665, "volume": 18777409, "typical_volume": 6938537.85, "trend": 31.678797, "fair_value": 25.512165, "relative_strength": -18.42568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.742903, "energy": 14.068761, "activity_lines": [ 31.369986, 30.853848, 31.008329, 31.406103 ] }, { "date": "2024-06-07", "close": 30.9142, "volume": 5548411, "typical_volume": 6974986.4, "trend": 31.754762, "fair_value": 25.592518, "relative_strength": -23.699955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.91218, "energy": 18.593608, "activity_lines": [ 31.369986, 30.880871, 30.975537, 31.356774 ] }, { "date": "2024-06-14", "close": 30.319696, "volume": 2372446, "typical_volume": 6840199.45, "trend": 31.774578, "fair_value": 25.669624, "relative_strength": -27.181517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.233943, "energy": 17.474779, "activity_lines": [ 31.089248, 30.80881, 30.891552, 31.264189 ] }, { "date": "2024-06-21", "close": 31.310535, "volume": 4489462, "typical_volume": 6746209.1, "trend": 31.820818, "fair_value": 25.753926, "relative_strength": -27.081131, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.746502, "energy": 7.788374, "activity_lines": [ 31.092551, 30.935818, 30.914671, 31.234251 ] }, { "date": "2024-06-28", "close": 29.923361, "volume": 3133588, "typical_volume": 6653257.4, "trend": 31.799349, "fair_value": 25.829337, "relative_strength": -29.27281, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.807145, "energy": 25.73295, "activity_lines": [ 30.646673, 30.815116, 30.817946, 31.111835 ] }, { "date": "2024-07-05", "close": 32.251831, "volume": 9770293, "typical_volume": 6991042.95, "trend": 31.751459, "fair_value": 25.918828, "relative_strength": -24.658237, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.16579, "energy": 6.412028, "activity_lines": [ 31.095853, 31.101558, 30.94652, 31.141027 ] }, { "date": "2024-07-12", "close": 32.599998, "volume": 8092525, "typical_volume": 7105960.9, "trend": 31.61609, "fair_value": 26.010269, "relative_strength": -23.925058, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.54394, "energy": 16.968214, "activity_lines": [ 31.647878, 31.405365, 31.103769, 31.195771 ] }, { "date": "2024-07-19", "close": 36.549999, "volume": 110414475, "typical_volume": 12365960.55, "trend": 31.655324, "fair_value": 26.130132, "relative_strength": -9.550111, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 51.231419, "energy": 56.649315, "activity_lines": [ 33.404182, 32.374183, 31.627766, 31.514088 ] }, { "date": "2024-07-26", "close": 31.1, "volume": 27172063, "typical_volume": 12237984.15, "trend": 31.55913, "fair_value": 26.209421, "relative_strength": -19.35313, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.83116, "energy": 35.360594, "activity_lines": [ 32.928468, 32.226204, 31.601396, 31.478261 ] }, { "date": "2024-08-02", "close": 29.75, "volume": 11537575, "typical_volume": 12468511.0, "trend": 31.417937, "fair_value": 26.285411, "relative_strength": -20.291475, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 2.262189, "energy": 14.75576, "activity_lines": [ 32.016788, 31.840201, 31.4484, 31.361543 ] }, { "date": "2024-08-09", "close": 27.4, "volume": 12051257, "typical_volume": 12641775.7, "trend": 31.242998, "fair_value": 26.346901, "relative_strength": -25.230116, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.57455, "energy": 27.307046, "activity_lines": [ 30.333333, 31.062505, 31.079027, 31.102321 ] }, { "date": "2024-08-16", "close": 29.1, "volume": 5694210, "typical_volume": 12686728.75, "trend": 31.144543, "fair_value": 26.418725, "relative_strength": -22.967081, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.631215, "energy": 37.314203, "activity_lines": [ 29.54, 30.678512, 30.899144, 30.964063 ] }, { "date": "2024-08-23", "close": 30.799999, "volume": 10204876, "typical_volume": 13059226.5, "trend": 31.071377, "fair_value": 26.505971, "relative_strength": -16.739174, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.730123, "energy": 34.635542, "activity_lines": [ 29.546666, 30.636595, 30.892164, 30.941834 ] }, { "date": "2024-08-30", "close": 31.25, "volume": 5542538, "typical_volume": 12887357.4, "trend": 30.983487, "fair_value": 26.598181, "relative_strength": -15.115055, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.40849, "energy": 29.522253, "activity_lines": [ 30.086666, 30.667764, 30.930709, 30.953359 ] }, { "date": "2024-09-06", "close": 30.450001, "volume": 9383928, "typical_volume": 13015795.8, "trend": 30.97627, "fair_value": 26.678728, "relative_strength": -13.385525, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.080069, "energy": 18.218113, "activity_lines": [ 30.35, 30.554579, 30.894531, 30.91894 ] }, { "date": "2024-09-13", "close": 30.65, "volume": 3718777, "typical_volume": 13047367.45, "trend": 30.954252, "fair_value": 26.760558, "relative_strength": -13.475302, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.275011, "energy": 13.168688, "activity_lines": [ 30.633333, 30.468182, 30.870646, 30.89789 ] }, { "date": "2024-09-20", "close": 31.0, "volume": 2533322, "typical_volume": 13078970.8, "trend": 30.967021, "fair_value": 26.846413, "relative_strength": -13.429128, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.116992, "energy": 12.298524, "activity_lines": [ 30.816667, 30.474545, 30.875691, 30.900842 ] }, { "date": "2024-09-27", "close": 31.25, "volume": 4492530, "typical_volume": 13191404.95, "trend": 31.009591, "fair_value": 26.933573, "relative_strength": -14.562148, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.932084, "energy": 9.972421, "activity_lines": [ 30.956667, 30.555455, 30.898238, 30.919099 ] }, { "date": "2024-10-04", "close": 31.35, "volume": 9338707, "typical_volume": 13411484.05, "trend": 31.004301, "fair_value": 27.021375, "relative_strength": -11.682203, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.775098, "energy": 3.482005, "activity_lines": [ 31.1, 30.750909, 30.922577, 30.94106 ] }, { "date": "2024-10-11", "close": 33.5, "volume": 14594078, "typical_volume": 13943123.5, "trend": 31.077283, "fair_value": 27.122959, "relative_strength": -7.590857, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.682861, "energy": 33.691607, "activity_lines": [ 31.953333, 31.332727, 31.152434, 31.102073 ] }, { "date": "2024-10-18", "close": 33.099998, "volume": 11150793, "typical_volume": 13561792.7, "trend": 31.074178, "fair_value": 27.222275, "relative_strength": -10.527604, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.097806, "energy": 46.090743, "activity_lines": [ 32.469999, 31.773636, 31.335656, 31.232571 ] }, { "date": "2024-10-25", "close": 32.599998, "volume": 9144622, "typical_volume": 13741603.25, "trend": 31.113858, "fair_value": 27.320169, "relative_strength": -10.92686, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.722198, "energy": 50.013301, "activity_lines": [ 32.656665, 32.019999, 31.466277, 31.331011 ] }, { "date": "2024-11-01", "close": 31.65, "volume": 5577559, "typical_volume": 13901858.9, "trend": 31.123522, "fair_value": 27.409596, "relative_strength": -10.872493, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.759881, "energy": 44.101854, "activity_lines": [ 32.419999, 32.029999, 31.498394, 31.365601 ] }, { "date": "2024-11-08", "close": 33.700001, "volume": 37258002, "typical_volume": 15540285.9, "trend": 31.194914, "fair_value": 27.500879, "relative_strength": -7.892718, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.782385, "energy": 45.866114, "activity_lines": [ 32.84, 32.397272, 31.719414, 31.531825 ] }, { "date": "2024-11-15", "close": 32.25, "volume": 7801272, "typical_volume": 15773670.1, "trend": 31.302193, "fair_value": 27.572174, "relative_strength": -8.361256, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.177713, "energy": 25.47647, "activity_lines": [ 32.62, 32.456363, 31.790961, 31.599895 ] }, { "date": "2024-11-22", "close": 32.700001, "volume": 4242972, "typical_volume": 15497304.05, "trend": 31.401354, "fair_value": 27.643681, "relative_strength": -7.388919, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.324624, "energy": 24.430347, "activity_lines": [ 32.633334, 32.564545, 31.894286, 31.690077 ] }, { "date": "2024-11-29", "close": 35.150002, "volume": 54860631, "typical_volume": 17835709.35, "trend": 31.583832, "fair_value": 27.730002, "relative_strength": 2.642612, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.94998, "energy": 44.463041, "activity_lines": [ 33.490001, 33.080909, 32.22881, 31.931925 ] }, { "date": "2024-12-06", "close": 32.0, "volume": 43386909, "typical_volume": 14484331.05, "trend": 31.662962, "fair_value": 27.800586, "relative_strength": -9.675491, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.094231, "energy": 25.433529, "activity_lines": [ 33.126667, 32.949091, 32.251191, 31.958774 ] }, { "date": "2024-12-13", "close": 29.85, "volume": 8975884, "typical_volume": 13574522.1, "trend": 31.607672, "fair_value": 27.848774, "relative_strength": -14.272465, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.595957, "energy": 7.522861, "activity_lines": [ 32.023334, 32.412728, 32.090476, 31.841809 ] }, { "date": "2024-12-20", "close": 30.85, "volume": 15113828, "typical_volume": 13753334.75, "trend": 31.57911, "fair_value": 27.901888, "relative_strength": -8.649266, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.434687, "energy": 5.584227, "activity_lines": [ 31.51, 32.085455, 32.030952, 31.792927 ] }, { "date": "2024-12-27", "close": 30.5, "volume": 9809164, "typical_volume": 13641230.1, "trend": 31.527321, "fair_value": 27.953946, "relative_strength": -11.995753, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.74781, "energy": 17.459073, "activity_lines": [ 30.973333, 31.742728, 31.932857, 31.723307 ] }, { "date": "2025-01-03", "close": 29.6, "volume": 4796536, "typical_volume": 13596346.4, "trend": 31.483514, "fair_value": 28.002908, "relative_strength": -12.490763, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.999925, "energy": 27.786093, "activity_lines": [ 30.283333, 31.283637, 31.734286, 31.598964 ] }, { "date": "2025-01-10", "close": 28.65, "volume": 7435049, "typical_volume": 13457855.05, "trend": 31.427857, "fair_value": 28.044889, "relative_strength": -14.994941, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.250538, "energy": 43.876856, "activity_lines": [ 29.646667, 30.706364, 31.442857, 31.416156 ] }, { "date": "2025-01-17", "close": 28.15, "volume": 3607239, "typical_volume": 13361090.1, "trend": 31.322506, "fair_value": 28.091388, "relative_strength": -16.314241, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.186547, "energy": 59.348573, "activity_lines": [ 29.066667, 30.092727, 31.114048, 31.204682 ] }, { "date": "2025-01-24", "close": 28.700001, "volume": 1594398, "typical_volume": 12971613.6, "trend": 31.281728, "fair_value": 28.149134, "relative_strength": -15.360354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.49235, "energy": 57.406913, "activity_lines": [ 28.783334, 29.68, 30.852381, 31.035488 ] }, { "date": "2025-02-07", "close": 29.450001, "volume": 2976558, "typical_volume": 12934502.65, "trend": 31.188333, "fair_value": 28.211688, "relative_strength": -12.245881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.31599, "energy": 47.31564, "activity_lines": [ 28.893334, 29.468182, 30.670476, 30.917312 ] }, { "date": "2025-02-14", "close": 29.85, "volume": 3319126, "typical_volume": 12973792.85, "trend": 31.096667, "fair_value": 28.279776, "relative_strength": -9.308259, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.213674, "energy": 35.261795, "activity_lines": [ 29.206667, 29.388182, 30.532381, 30.830968 ] }, { "date": "2025-02-21", "close": 30.950001, "volume": 3638123, "typical_volume": 12931072.5, "trend": 30.91, "fair_value": 28.349866, "relative_strength": -7.783025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.772901, "energy": 19.028121, "activity_lines": [ 29.870001, 29.604546, 30.504524, 30.821506 ] }, { "date": "2025-02-28", "close": 29.25, "volume": 3974237, "typical_volume": 12662849.0, "trend": 30.848333, "fair_value": 28.408167, "relative_strength": -9.857093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.371924, "energy": 17.827979, "activity_lines": [ 29.813334, 29.530909, 30.316191, 30.714409 ] }, { "date": "2025-03-07", "close": 27.9, "volume": 3752200, "typical_volume": 12120755.1, "trend": 30.786667, "fair_value": 28.464646, "relative_strength": -11.782154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.652271, "energy": 27.043636, "activity_lines": [ 29.233334, 29.222728, 30.009286, 30.524194 ] }, { "date": "2025-03-14", "close": 26.75, "volume": 3489609, "typical_volume": 11737695.9, "trend": 30.765, "fair_value": 28.511972, "relative_strength": -12.627766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.686698, "energy": 60.527408, "activity_lines": [ 28.323333, 28.759091, 29.619524, 30.263764 ] }, { "date": "2025-03-21", "close": 26.85, "volume": 1792974, "typical_volume": 11370113.5, "trend": 30.69, "fair_value": 28.562611, "relative_strength": -12.793537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.363892, "energy": 75.201582, "activity_lines": [ 27.626667, 28.381818, 29.269524, 30.011183 ] }, { "date": "2025-03-28", "close": 25.700001, "volume": 2257475, "typical_volume": 11204109.3, "trend": 30.52, "fair_value": 28.606769, "relative_strength": -13.645746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.075126, "energy": 87.118364, "activity_lines": [ 26.746667, 27.845455, 28.837381, 29.689248 ] }, { "date": "2025-04-04", "close": 25.0, "volume": 2457589, "typical_volume": 9464088.65, "trend": 30.311667, "fair_value": 28.644065, "relative_strength": -14.349138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.636742, "energy": 91.044108, "activity_lines": [ 25.983334, 27.235455, 28.366905, 29.333119 ] }, { "date": "2025-04-11", "close": 20.200001, "volume": 5425514, "typical_volume": 9345300.75, "trend": 29.97, "fair_value": 28.655937, "relative_strength": -23.982065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.139859, "energy": 96.970627, "activity_lines": [ 23.903334, 25.81, 27.480715, 28.680753 ] }, { "date": "2025-04-18", "close": 20.700001, "volume": 3077286, "typical_volume": 9287016.45, "trend": 29.638334, "fair_value": 28.672796, "relative_strength": -21.056085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.659858, "energy": 95.799676, "activity_lines": [ 22.503334, 24.630001, 26.699524, 28.082689 ] }, { "date": "2025-04-25", "close": 20.950001, "volume": 2326057, "typical_volume": 6660287.75, "trend": 29.303334, "fair_value": 28.694228, "relative_strength": -21.540516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.100706, "energy": 91.826472, "activity_lines": [ 21.590001, 23.654546, 25.999286, 27.522151 ] }, { "date": "2025-05-02", "close": 21.450001, "volume": 1913779, "typical_volume": 4586631.25, "trend": 28.976667, "fair_value": 28.714707, "relative_strength": -22.710758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.376855, "energy": 87.923509, "activity_lines": [ 21.236668, 22.931819, 25.414286, 27.015484 ] }, { "date": "2025-05-09", "close": 21.0, "volume": 1959088, "typical_volume": 4235791.45, "trend": 28.631667, "fair_value": 28.727846, "relative_strength": -24.296296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.30897, "energy": 85.659692, "activity_lines": [ 21.016667, 22.300001, 24.836667, 26.500861 ] }, { "date": "2025-05-16", "close": 21.35, "volume": 1994332, "typical_volume": 3579816.65, "trend": 28.226667, "fair_value": 28.747387, "relative_strength": -25.819174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.942527, "energy": 65.466595, "activity_lines": [ 21.18, 21.881819, 24.334524, 26.031076 ] }, { "date": "2025-05-23", "close": 20.85, "volume": 1039905, "typical_volume": 3141353.7, "trend": 27.818334, "fair_value": 28.768475, "relative_strength": -26.357803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.62721, "energy": 64.79464, "activity_lines": [ 21.1, 21.491819, 23.83, 25.555162 ] }, { "date": "2025-05-30", "close": 21.200001, "volume": 3389524, "typical_volume": 3071003.1, "trend": 27.438334, "fair_value": 28.790619, "relative_strength": -23.51524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.829483, "energy": 60.969965, "activity_lines": [ 21.126667, 21.272728, 23.404762, 25.128172 ] }, { "date": "2025-06-06", "close": 24.9, "volume": 43457864, "typical_volume": 4872143.85, "trend": 27.213334, "fair_value": 28.832916, "relative_strength": -10.985863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.236565, "energy": 36.518339, "activity_lines": [ 22.37, 21.829091, 23.371905, 24.964409 ] }, { "date": "2025-06-13", "close": 22.85, "volume": 15942982, "typical_volume": 5488931.0, "trend": 26.851667, "fair_value": 28.860885, "relative_strength": -19.38502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.493132, "energy": 28.61803, "activity_lines": [ 22.7, 22.027273, 23.161667, 24.682904 ] }, { "date": "2025-06-20", "close": 22.450001, "volume": 9077409, "typical_volume": 5863081.55, "trend": 26.525, "fair_value": 28.885656, "relative_strength": -20.305906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.16265, "energy": 22.50262, "activity_lines": [ 22.773334, 22.191819, 22.938572, 24.398925 ] }, { "date": "2025-06-27", "close": 23.049999, "volume": 3372486, "typical_volume": 5882877.95, "trend": 26.203334, "fair_value": 28.919759, "relative_strength": -19.71881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.021251, "energy": 23.022361, "activity_lines": [ 22.973333, 22.424546, 22.802381, 24.174732 ] }, { "date": "2025-07-04", "close": 23.049999, "volume": 6450953, "typical_volume": 6039469.3, "trend": 25.8, "fair_value": 28.955994, "relative_strength": -19.264693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.444629, "energy": 17.177757, "activity_lines": [ 23.026666, 22.614545, 22.696667, 23.971291 ] }, { "date": "2025-07-11", "close": 22.6, "volume": 1914876, "typical_volume": 5953306.95, "trend": 25.486667, "fair_value": 28.995744, "relative_strength": -21.098741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.74034, "energy": 17.349532, "activity_lines": [ 22.806666, 22.684545, 22.580476, 23.764839 ] }, { "date": "2025-07-18", "close": 22.65, "volume": 1806098, "typical_volume": 5844900.0, "trend": 25.246667, "fair_value": 29.001992, "relative_strength": -22.595471, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.52301, "energy": 16.434229, "activity_lines": [ 22.756666, 22.742727, 22.50881, 23.581828 ] }, { "date": "2025-07-25", "close": 23.450001, "volume": 3499276, "typical_volume": 5832253.8, "trend": 25.0, "fair_value": 28.999962, "relative_strength": -19.057681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.523319, "energy": 13.511786, "activity_lines": [ 22.986667, 22.916364, 22.544762, 23.465914 ] }, { "date": "2025-08-01", "close": 22.4, "volume": 3559793, "typical_volume": 5835763.0, "trend": 24.73, "fair_value": 28.991505, "relative_strength": -22.370955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.057094, "energy": 18.568942, "activity_lines": [ 22.8, 22.860909, 22.501905, 23.298172 ] }, { "date": "2025-08-08", "close": 22.799999, "volume": 2404659, "typical_volume": 5866347.25, "trend": 24.503334, "fair_value": 28.957275, "relative_strength": -22.399225, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.609109, "energy": 15.691178, "activity_lines": [ 22.79, 22.85, 22.517857, 23.173656 ] }, { "date": "2025-08-15", "close": 22.799999, "volume": 3772775, "typical_volume": 5942112.25, "trend": 24.308334, "fair_value": 28.932491, "relative_strength": -22.987203, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.128377, "energy": 14.258573, "activity_lines": [ 22.796666, 22.81, 22.553095, 23.063764 ] }, { "date": "2025-08-22", "close": 21.85, "volume": 3193806, "typical_volume": 5978923.1, "trend": 24.098334, "fair_value": 28.90375, "relative_strength": -23.965972, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.524496, "energy": 21.989355, "activity_lines": [ 22.473333, 22.635454, 22.511667, 22.905161 ] }, { "date": "2025-08-29", "close": 23.65, "volume": 9714986, "typical_volume": 6193396.7, "trend": 23.93, "fair_value": 28.878321, "relative_strength": -18.758824, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.286124, "energy": 8.973774, "activity_lines": [ 22.803333, 22.806363, 22.656667, 22.876237 ] }, { "date": "2025-09-05", "close": 23.950001, "volume": 20412749, "typical_volume": 7060169.85, "trend": 23.746667, "fair_value": 28.856033, "relative_strength": -18.048193, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.22893, "energy": 6.088223, "activity_lines": [ 23.22, 23.01, 22.81381, 22.877527 ] }, { "date": "2025-09-12", "close": 23.0, "volume": 6064007, "typical_volume": 7247067.35, "trend": 23.518334, "fair_value": 28.822781, "relative_strength": -23.689915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.589591, "energy": 6.052987, "activity_lines": [ 23.216667, 23.024545, 22.865, 22.829355 ] }, { "date": "2025-09-19", "close": 24.0, "volume": 4977697, "typical_volume": 7400263.25, "trend": 23.286667, "fair_value": 28.802947, "relative_strength": -20.084135, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.367439, "energy": 27.281567, "activity_lines": [ 23.533334, 23.221818, 23.001667, 22.86043 ] }, { "date": "2025-09-26", "close": 22.799999, "volume": 9768640, "typical_volume": 7790740.85, "trend": 23.071667, "fair_value": 28.776944, "relative_strength": -23.449221, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.640275, "energy": 20.106345, "activity_lines": [ 23.37, 23.175454, 23.011905, 22.829032 ] }, { "date": "2025-10-03", "close": 23.799999, "volume": 5587726, "typical_volume": 7970410.55, "trend": 22.935, "fair_value": 28.767711, "relative_strength": -23.007153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.177321, "energy": 17.659378, "activity_lines": [ 23.476666, 23.308181, 23.108809, 22.876021 ] }, { "date": "2025-10-10", "close": 23.4, "volume": 2256940, "typical_volume": 8031262.3, "trend": 22.823333, "fair_value": 28.768103, "relative_strength": -25.116862, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.769746, "energy": 24.047099, "activity_lines": [ 23.44, 23.361818, 23.155952, 22.906021 ] }, { "date": "2025-10-17", "close": 23.700001, "volume": 4115472, "typical_volume": 8067559.7, "trend": 22.718333, "fair_value": 28.753963, "relative_strength": -23.392572, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.163385, "energy": 20.432245, "activity_lines": [ 23.54, 23.451818, 23.219524, 22.962581 ] }, { "date": "2025-10-24", "close": 23.549999, "volume": 3090950, "typical_volume": 6049214.0, "trend": 22.646667, "fair_value": 28.755621, "relative_strength": -23.796681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.242999, "energy": 21.741645, "activity_lines": [ 23.543333, 23.498182, 23.256905, 23.016236 ] }, { "date": "2025-10-31", "close": 24.35, "volume": 37844600, "typical_volume": 7144294.9, "trend": 22.625, "fair_value": 28.763625, "relative_strength": -22.455441, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.230354, "energy": 27.354041, "activity_lines": [ 23.843333, 23.676363, 23.376905, 23.126129 ] }, { "date": "2025-11-07", "close": 22.85, "volume": 13111157, "typical_volume": 7345982.3, "trend": 22.713333, "fair_value": 28.763842, "relative_strength": -24.970475, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.355876, "energy": 18.060902, "activity_lines": [ 23.54, 23.536363, 23.346905, 23.140645 ] }, { "date": "2025-11-14", "close": 22.549999, "volume": 4554863, "typical_volume": 7405101.15, "trend": 22.775, "fair_value": 28.750863, "relative_strength": -24.467882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 22.377801, "energy": 9.403923, "activity_lines": [ 23.2, 23.356363, 23.286428, 23.130107 ] }, { "date": "2025-11-21", "close": 21.049999, "volume": 4093263, "typical_volume": 7287216.65, "trend": 22.778333, "fair_value": 28.732229, "relative_strength": -26.114127, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.609959, "energy": 16.916409, "activity_lines": [ 22.416666, 22.92909, 23.085476, 23.018817 ] }, { "date": "2025-11-28", "close": 22.299999, "volume": 1668375, "typical_volume": 7274891.6, "trend": 22.806666, "fair_value": 28.722217, "relative_strength": -24.264043, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.201588, "energy": 17.519321, "activity_lines": [ 22.226666, 22.764545, 23.013095, 22.987957 ] }, { "date": "2025-12-05", "close": 23.450001, "volume": 4686330, "typical_volume": 7418903.2, "trend": 22.888333, "fair_value": 28.717444, "relative_strength": -20.301807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.689908, "energy": 16.771124, "activity_lines": [ 22.503333, 22.84, 23.051666, 23.029462 ] }, { "date": "2025-12-12", "close": 23.950001, "volume": 4480879, "typical_volume": 7467983.35, "trend": 22.975, "fair_value": 28.702774, "relative_strength": -18.438176, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.299862, "energy": 15.304986, "activity_lines": [ 23.006667, 22.994545, 23.134047, 23.097957 ] }, { "date": "2025-12-19", "close": 24.15, "volume": 19310513, "typical_volume": 8255519.35, "trend": 23.085, "fair_value": 28.697613, "relative_strength": -15.605469, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.126837, "energy": 21.557334, "activity_lines": [ 23.503334, 23.182727, 23.233095, 23.173763 ] }, { "date": "2025-12-26", "close": 24.700001, "volume": 6752180, "typical_volume": 8472895.4, "trend": 23.201667, "fair_value": 28.701158, "relative_strength": -15.486764, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.429504, "energy": 37.968675, "activity_lines": [ 24.076667, 23.457273, 23.37619, 23.277957 ] }, { "date": "2026-01-02", "close": 24.25, "volume": 3471829, "typical_volume": 8457848.1, "trend": 23.18, "fair_value": 28.709436, "relative_strength": -18.529444, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.501151, "energy": 44.072906, "activity_lines": [ 24.256667, 23.631818, 23.467381, 23.345591 ] }, { "date": "2026-01-09", "close": 25.6, "volume": 26427965, "typical_volume": 9619556.05, "trend": 23.271667, "fair_value": 28.727586, "relative_strength": -15.948404, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.987264, "energy": 57.246148, "activity_lines": [ 24.756667, 24.039091, 23.680238, 23.50172 ] }, { "date": "2026-01-16", "close": 31.35, "volume": 90949738, "typical_volume": 13681293.65, "trend": 23.568333, "fair_value": 28.771626, "relative_strength": -0.268281, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.736746, "energy": 79.386632, "activity_lines": [ 27.03, 25.469091, 24.422857, 24.022903 ] }, { "date": "2026-01-23", "close": 31.5, "volume": 28895469, "typical_volume": 14105429.65, "trend": 23.85, "fair_value": 28.820588, "relative_strength": -1.086181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.364682, "energy": 85.290508, "activity_lines": [ 28.86, 26.771818, 25.143095, 24.534624 ] }, { "date": "2026-01-30", "close": 30.0, "volume": 53642669, "typical_volume": 16484362.75, "trend": 24.081667, "fair_value": 28.859936, "relative_strength": -5.578602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.621907, "energy": 80.75927, "activity_lines": [ 29.7, 27.639091, 25.684524, 24.931398 ] }, { "date": "2026-02-06", "close": 27.6, "volume": 28251926, "typical_volume": 17648074.2, "trend": 24.248333, "fair_value": 28.877804, "relative_strength": -11.703388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.653111, "energy": 74.52773, "activity_lines": [ 29.386667, 27.907273, 25.964048, 25.158387 ] }, { "date": "2026-02-13", "close": 27.799999, "volume": 4040167, "typical_volume": 17361650.55, "trend": 24.42, "fair_value": 28.897869, "relative_strength": -15.120689, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.429799, "energy": 47.344976, "activity_lines": [ 28.916666, 28.115454, 26.245476, 25.387527 ] }, { "date": "2026-02-27", "close": 29.799999, "volume": 14185296, "typical_volume": 17791529.05, "trend": 24.631666, "fair_value": 28.925574, "relative_strength": -12.865651, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.470732, "energy": 41.572924, "activity_lines": [ 28.966666, 28.608182, 26.693571, 25.734624 ] }, { "date": "2026-03-06", "close": 29.65, "volume": 19051996, "typical_volume": 18631281.85, "trend": 24.873333, "fair_value": 28.949576, "relative_strength": -7.9127, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.863881, "energy": 35.256481, "activity_lines": [ 29.07, 28.967272, 27.098809, 26.058387 ] }, { "date": "2026-03-13", "close": 29.35, "volume": 7915495, "typical_volume": 18821283.0, "trend": 25.091667, "fair_value": 28.964036, "relative_strength": -7.638874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.696319, "energy": 34.373085, "activity_lines": [ 29.196666, 29.171818, 27.445714, 26.347204 ] }, { "date": "2026-03-20", "close": 30.950001, "volume": 28042247, "typical_volume": 20068847.85, "trend": 25.363333, "fair_value": 28.991191, "relative_strength": -2.438933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.987087, "energy": 38.989089, "activity_lines": [ 29.9, 29.582727, 27.918095, 26.725161 ] }, { "date": "2026-03-27", "close": 35.400002, "volume": 68567851, "typical_volume": 21605010.4, "trend": 25.815, "fair_value": 29.052661, "relative_strength": 13.364315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.969208, "energy": 53.935495, "activity_lines": [ 31.863334, 30.680909, 28.779048, 27.372688 ] }, { "date": "2026-04-03", "close": 32.849998, "volume": 74590392, "typical_volume": 24678972.15, "trend": 26.121667, "fair_value": 29.094433, "relative_strength": 7.339249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.448417, "energy": 53.770239, "activity_lines": [ 32.47, 31.137273, 29.344524, 27.826559 ] }, { "date": "2026-04-10", "close": 35.849998, "volume": 86320726, "typical_volume": 28767265.3, "trend": 26.518333, "fair_value": 29.154826, "relative_strength": 8.088493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.075201, "energy": 63.453948, "activity_lines": [ 33.873333, 32.111818, 30.148095, 28.454193 ] }, { "date": "2026-04-17", "close": 36.799999, "volume": 67889822, "typical_volume": 31957093.25, "trend": 26.978333, "fair_value": 29.219177, "relative_strength": 6.848574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.709041, "energy": 68.613341, "activity_lines": [ 35.179999, 33.179999, 30.978809, 29.117527 ] }, { "date": "2026-04-24", "close": 30.6, "volume": 35436551, "typical_volume": 33645502.05, "trend": 27.198333, "fair_value": 29.241346, "relative_strength": -15.521125, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.629406, "energy": 41.719218, "activity_lines": [ 33.923333, 32.997272, 31.144047, 29.351183 ] }, { "date": "2026-05-01", "close": 30.25, "volume": 9278028, "typical_volume": 33875086.95, "trend": 27.446666, "fair_value": 29.271631, "relative_strength": -15.993847, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.959589, "energy": 29.494041, "activity_lines": [ 32.573333, 32.696363, 31.236428, 29.548064 ] }, { "date": "2026-05-08", "close": 30.049999, "volume": 12377689, "typical_volume": 34269927.45, "trend": 27.655, "fair_value": 29.305814, "relative_strength": -21.413758, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.712161, "energy": 18.476784, "activity_lines": [ 31.499999, 32.314545, 31.277381, 29.716021 ] }, { "date": "2026-05-15", "close": 28.65, "volume": 7913259, "typical_volume": 33700064.75, "trend": 27.83, "fair_value": 29.32889, "relative_strength": -23.798217, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.998161, "energy": 20.55743, "activity_lines": [ 30.146666, 31.673636, 31.155952, 29.780215 ] }, { "date": "2026-05-22", "close": 31.6, "volume": 10542782, "typical_volume": 33889594.85, "trend": 28.093333, "fair_value": 29.374532, "relative_strength": -17.732426, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.996815, "energy": 19.679884, "activity_lines": [ 30.256666, 31.587272, 31.294047, 30.023441 ] }, { "date": "2026-05-29", "close": 32.650002, "volume": 23199576, "typical_volume": 34875982.2, "trend": 28.396667, "fair_value": 29.42264, "relative_strength": -19.284681, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.628218, "energy": 17.646127, "activity_lines": [ 31.063334, 31.650909, 31.499286, 30.317419 ] }, { "date": "2026-06-05", "close": 30.450001, "volume": 16303634, "typical_volume": 34369765.65, "trend": 28.6, "fair_value": 29.458473, "relative_strength": -24.780016, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.6134, "energy": 10.099825, "activity_lines": [ 31.000001, 31.283637, 31.455, 30.449892 ] }, { "date": "2026-06-12", "close": 28.799999, "volume": 10056210, "typical_volume": 30325089.25, "trend": 28.798333, "fair_value": 29.476721, "relative_strength": -26.621625, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.915214, "energy": 4.592881, "activity_lines": [ 30.373334, 30.706364, 31.230476, 30.462796 ] }, { "date": "2026-06-19", "close": 29.450001, "volume": 6233398, "typical_volume": 29191985.7, "trend": 29.028333, "fair_value": 29.500354, "relative_strength": -28.048439, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.138573, "energy": 7.830288, "activity_lines": [ 30.046667, 30.320909, 31.08, 30.504839 ] }, { "date": "2026-06-26", "close": 26.9, "volume": 7854263, "typical_volume": 26902565.4, "trend": 29.223333, "fair_value": 29.503681, "relative_strength": -30.860527, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.317292, "energy": 31.118779, "activity_lines": [ 28.816667, 29.588182, 30.696429, 30.367527 ] }, { "date": "2026-07-03", "close": 29.700001, "volume": 7509647, "typical_volume": 25865451.45, "trend": 29.47, "fair_value": 29.524956, "relative_strength": -26.644547, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.513834, "energy": 28.78252, "activity_lines": [ 28.833334, 29.544546, 30.594286, 30.39828 ] }, { "date": "2026-07-10", "close": 27.9, "volume": 0, "typical_volume": 25663443.1, "trend": 29.618333, "fair_value": 29.508488, "relative_strength": -28.274865, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.956461, "energy": 36.657993, "activity_lines": [ 28.446667, 29.19, 30.310714, 30.296989 ] }, { "date": "2026-07-17", "close": 25.5, "volume": 4180080, "typical_volume": 25163182.3, "trend": 29.67, "fair_value": 29.4163, "relative_strength": -29.698527, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.863216, "energy": 54.277264, "activity_lines": [ 27.43, 28.441819, 29.798095, 30.03129 ] }, { "date": "2026-07-24", "close": 24.65, "volume": 2915790, "typical_volume": 24356372.0, "trend": 29.686667, "fair_value": 29.276426, "relative_strength": -32.96033, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.879255, "energy": 62.07686, "activity_lines": [ 26.35, 27.621818, 29.225, 29.707419 ] }, { "date": "2026-07-31", "close": 23.549999, "volume": 4478207, "typical_volume": 24184507.6, "trend": 29.648333, "fair_value": 29.112351, "relative_strength": -34.472673, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.143805, "energy": 79.493942, "activity_lines": [ 25.223333, 26.674545, 28.570952, 29.311505 ] }, { "date": "2026-08-07", "close": 24.200001, "volume": 2926765, "typical_volume": 22928733.5, "trend": 29.646667, "fair_value": 28.975944, "relative_strength": -33.723296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.206736, "energy": 78.118666, "activity_lines": [ 24.536667, 25.991818, 28.006429, 28.96 ] }, { "date": "2026-08-14", "close": 24.799999, "volume": 1819713, "typical_volume": 19591326.6, "trend": 29.62, "fair_value": 28.882444, "relative_strength": -33.801356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.83787, "energy": 74.806702, "activity_lines": [ 24.416666, 25.571818, 27.531191, 28.647312 ] } ], "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." } } }