{ "ticker": { "uuid": "f3cc834f-77e0-4f63-9657-cd44cf3e5270", "symbol": "CPF", "name": "Charoen Pokphand Foods Public Company Limited", "exchange": "SET", "country": "TH", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^SET.BK", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 66.72, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 67.496, "architecture_energy": 85.881, "architecture_maturity": 7.438, "architecture_confidence": 66.332, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 14.63, "rotation_up": 79.76, "upward_expansion": 97.19, "deceleration": 42.03, "rotation_down": 8.34, "downward_expansion": 21.53 }, "activity_lines": [ 21.973333, 21.403636, 20.528088, 20.309577 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 21.6, "trend_reference": 20.225302, "distance_from_trend": 0.067969, "trend_direction": "Weakening", "fair_value": 20.482807, "distance_from_fair_value": 0.054543, "fair_value_direction": "Improving", "relative_strength": -10.844801, "relative_strength_direction": "Improving", "price_momentum": 0.04207, "excess_performance": -0.150255, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.067969, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002393, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.054543, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.118974, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.108448, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.132052, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.04207, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.239724, "read": "Demand-led" } ], "volume": { "latest": 114875200, "relative_activity": 1.03195, "balance": 1.239724, "dry_up": 1.076212, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.0349, "annualized_volatility": 0.243799, "from_high_reference": -0.084374, "from_low_reference": 0.209031 }, "levels": { "trend_reference": 20.225302, "fair_value_reference": 20.482807, "structural_low": 17.865545, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.015977, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.0065, "regime_survival": 0.666667, "best_return": 0.104545, "worst_return": -0.152941, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.027196, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.067323, "regime_survival": 0.4, "best_return": 0.088889, "worst_return": -0.143443, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.029963, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.004527, "regime_survival": 0.5, "best_return": 0.104322, "worst_return": -0.145186, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.204992, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.16468, "regime_survival": 0.333333, "best_return": 0.213477, "worst_return": -0.234669, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-13", "end": "2023-10-20", "tenure": "New", "return": -0.036842, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2024-04-26", "tenure": "Extended", "return": 0.005405, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-03", "end": "2024-05-10", "tenure": "New", "return": 0.009852, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-11-15", "tenure": "Extended", "return": 0.104322, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": -0.07377, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": -0.042735, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-03-14", "tenure": "Developing", "return": 0.085586, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-21", "end": "2025-05-09", "tenure": "Developing", "return": 0.112522, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-07-04", "tenure": "Developing", "return": -0.169524, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": 0.083333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-10-31", "tenure": "Established", "return": -0.074731, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2026-06-26", "tenure": "Extended", "return": -0.040714, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": 0.081731, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.639744, "volume": 63063400, "typical_volume": 60867235.0, "trend": 18.866732, "fair_value": 21.986643, "relative_strength": -8.499357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.873027, "energy": 35.87658, "activity_lines": [ 17.882215, 17.930709, 18.159407, 18.388979 ] }, { "date": "2023-08-25", "close": 18.639936, "volume": 88644200, "typical_volume": 62735225.0, "trend": 18.785047, "fair_value": 21.924456, "relative_strength": -5.57652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.619967, "energy": 16.984785, "activity_lines": [ 18.118624, 18.033208, 18.193911, 18.374347 ] }, { "date": "2023-09-01", "close": 18.730862, "volume": 98550600, "typical_volume": 65418545.0, "trend": 18.700435, "fair_value": 21.873618, "relative_strength": -4.898784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.337128, "energy": 11.478858, "activity_lines": [ 18.348971, 18.167118, 18.237254, 18.370851 ] }, { "date": "2023-09-08", "close": 19.276423, "volume": 49200300, "typical_volume": 64881730.0, "trend": 18.660818, "fair_value": 21.839734, "relative_strength": -0.982656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.958622, "energy": 25.396185, "activity_lines": [ 18.712677, 18.390302, 18.331876, 18.408012 ] }, { "date": "2023-09-15", "close": 19.731054, "volume": 63225300, "typical_volume": 65116615.0, "trend": 18.636355, "fair_value": 21.804728, "relative_strength": 1.853109, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.270316, "energy": 48.915137, "activity_lines": [ 19.124878, 18.671347, 18.466093, 18.477059 ] }, { "date": "2023-09-22", "close": 18.912714, "volume": 87458100, "typical_volume": 67895785.0, "trend": 18.590573, "fair_value": 21.776587, "relative_strength": -0.940331, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.64402, "energy": 50.713267, "activity_lines": [ 19.161248, 18.76558, 18.514804, 18.494889 ] }, { "date": "2023-09-29", "close": 18.821789, "volume": 42668400, "typical_volume": 67221440.0, "trend": 18.56559, "fair_value": 21.745172, "relative_strength": 2.209221, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.387609, "energy": 48.284813, "activity_lines": [ 19.082445, 18.825095, 18.551607, 18.509806 ] }, { "date": "2023-10-06", "close": 18.27623, "volume": 69000400, "typical_volume": 64372120.0, "trend": 18.522422, "fair_value": 21.714297, "relative_strength": 1.702608, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.573927, "energy": 15.82496, "activity_lines": [ 18.809665, 18.772193, 18.534288, 18.491138 ] }, { "date": "2023-10-13", "close": 17.276039, "volume": 152098400, "typical_volume": 67246885.0, "trend": 18.451872, "fair_value": 21.683739, "relative_strength": -4.32393, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.433255, "energy": 21.676548, "activity_lines": [ 18.233798, 18.532477, 18.418682, 18.410726 ] }, { "date": "2023-10-20", "close": 16.639553, "volume": 98133000, "typical_volume": 67846020.0, "trend": 18.360106, "fair_value": 21.650447, "relative_strength": -4.145766, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.483633, "energy": 50.490439, "activity_lines": [ 17.579127, 18.185303, 18.248086, 18.293802 ] }, { "date": "2023-10-27", "close": 16.821405, "volume": 42355000, "typical_volume": 65718325.0, "trend": 18.289297, "fair_value": 21.622357, "relative_strength": -2.007256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.007661, "energy": 66.557034, "activity_lines": [ 17.191174, 17.899298, 18.104336, 18.194531 ] }, { "date": "2023-11-03", "close": 17.45789, "volume": 52735000, "typical_volume": 63949220.0, "trend": 18.24864, "fair_value": 21.591619, "relative_strength": -0.313264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.868009, "energy": 68.266891, "activity_lines": [ 17.154802, 17.743896, 18.034192, 18.140892 ] }, { "date": "2023-11-10", "close": 16.457699, "volume": 82372600, "typical_volume": 65013485.0, "trend": 18.177622, "fair_value": 21.549087, "relative_strength": -3.691731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.032939, "energy": 74.429308, "activity_lines": [ 16.875961, 17.428133, 17.878318, 18.025347 ] }, { "date": "2023-11-17", "close": 17.094183, "volume": 75993700, "typical_volume": 65281640.0, "trend": 18.130799, "fair_value": 21.50256, "relative_strength": -1.602366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.625667, "energy": 56.174006, "activity_lines": [ 16.930516, 17.269425, 17.791288, 17.955448 ] }, { "date": "2023-11-24", "close": 17.185112, "volume": 30002500, "typical_volume": 64299990.0, "trend": 18.098923, "fair_value": 21.455271, "relative_strength": 0.332332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.594539, "energy": 40.452936, "activity_lines": [ 17.027505, 17.166926, 17.716815, 17.894436 ] }, { "date": "2023-12-01", "close": 17.366966, "volume": 91620500, "typical_volume": 67098050.0, "trend": 18.07013, "fair_value": 21.41453, "relative_strength": 2.694403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.026516, "energy": 31.898549, "activity_lines": [ 17.148741, 17.143781, 17.661826, 17.847213 ] }, { "date": "2023-12-08", "close": 17.094183, "volume": 151937100, "typical_volume": 72657520.0, "trend": 18.027697, "fair_value": 21.370695, "relative_strength": 1.129317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.399883, "energy": 25.972008, "activity_lines": [ 17.142679, 17.099144, 17.583456, 17.784249 ] }, { "date": "2023-12-15", "close": 17.094183, "volume": 94992600, "typical_volume": 76471430.0, "trend": 18.009512, "fair_value": 21.332242, "relative_strength": 0.585799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.056724, "energy": 24.137906, "activity_lines": [ 17.160863, 17.085918, 17.509849, 17.724022 ] }, { "date": "2023-12-22", "close": 17.094183, "volume": 46758200, "typical_volume": 77202015.0, "trend": 17.964049, "fair_value": 21.296481, "relative_strength": -0.196825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.089015, "energy": 24.45209, "activity_lines": [ 17.136616, 17.094184, 17.440571, 17.664969 ] }, { "date": "2023-12-29", "close": 17.821596, "volume": 54369300, "typical_volume": 76758930.0, "trend": 17.936771, "fair_value": 21.266729, "relative_strength": 3.37266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.265599, "energy": 15.694123, "activity_lines": [ 17.35484, 17.238013, 17.443602, 17.655778 ] }, { "date": "2024-01-05", "close": 17.548817, "volume": 38735200, "typical_volume": 75542520.0, "trend": 17.870091, "fair_value": 21.2285, "relative_strength": 1.027834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.809375, "energy": 16.141667, "activity_lines": [ 17.439704, 17.310754, 17.422386, 17.630749 ] }, { "date": "2024-01-12", "close": 17.366966, "volume": 51774700, "typical_volume": 73699045.0, "trend": 17.800381, "fair_value": 21.186413, "relative_strength": 1.093238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.281114, "energy": 16.50039, "activity_lines": [ 17.451829, 17.337206, 17.384283, 17.598289 ] }, { "date": "2024-01-19", "close": 16.457699, "volume": 55002100, "typical_volume": 71521620.0, "trend": 17.742794, "fair_value": 21.139844, "relative_strength": -1.904709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.505193, "energy": 28.488062, "activity_lines": [ 17.142679, 17.19999, 17.265646, 17.511664 ] }, { "date": "2024-01-26", "close": 16.639553, "volume": 128584200, "typical_volume": 75490815.0, "trend": 17.700362, "fair_value": 21.099823, "relative_strength": 0.280917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.062343, "energy": 40.522156, "activity_lines": [ 16.936579, 17.095838, 17.175152, 17.440488 ] }, { "date": "2024-02-02", "close": 17.185112, "volume": 80141900, "typical_volume": 76336645.0, "trend": 17.685207, "fair_value": 21.063299, "relative_strength": 2.406239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.045481, "energy": 40.335396, "activity_lines": [ 16.942641, 17.099144, 17.149174, 17.407246 ] }, { "date": "2024-02-09", "close": 16.912333, "volume": 57968100, "typical_volume": 74862145.0, "trend": 17.651868, "fair_value": 21.025027, "relative_strength": 0.487345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.333612, "energy": 44.699416, "activity_lines": [ 16.900209, 17.052855, 17.109339, 17.357383 ] }, { "date": "2024-02-16", "close": 16.548626, "volume": 62831300, "typical_volume": 75870290.0, "trend": 17.600342, "fair_value": 20.975003, "relative_strength": -1.453922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.619367, "energy": 43.364208, "activity_lines": [ 16.778974, 16.948703, 17.044392, 17.286206 ] }, { "date": "2024-02-23", "close": 16.730478, "volume": 61425600, "typical_volume": 75491550.0, "trend": 17.55791, "fair_value": 20.92749, "relative_strength": -1.14643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.111984, "energy": 30.287905, "activity_lines": [ 16.772911, 16.887534, 17.007588, 17.230086 ] }, { "date": "2024-03-01", "close": 16.821405, "volume": 94300800, "typical_volume": 72601670.0, "trend": 17.527601, "fair_value": 20.879215, "relative_strength": 1.604024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.284183, "energy": 29.047299, "activity_lines": [ 16.778973, 16.84951, 16.986805, 17.182569 ] }, { "date": "2024-03-08", "close": 16.639553, "volume": 53865400, "typical_volume": 70388290.0, "trend": 17.476076, "fair_value": 20.8217, "relative_strength": -0.835072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.773995, "energy": 30.138621, "activity_lines": [ 16.712294, 16.783382, 16.950867, 17.125276 ] }, { "date": "2024-03-15", "close": 17.185112, "volume": 26024200, "typical_volume": 69571750.0, "trend": 17.460922, "fair_value": 20.770373, "relative_strength": 2.44484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.629447, "energy": 17.001023, "activity_lines": [ 16.863838, 16.837938, 16.966888, 17.106504 ] }, { "date": "2024-03-22", "close": 16.912333, "volume": 35728500, "typical_volume": 68721425.0, "trend": 17.403335, "fair_value": 20.721335, "relative_strength": 1.173505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.176064, "energy": 15.120406, "activity_lines": [ 16.906271, 16.84951, 16.955197, 17.071111 ] }, { "date": "2024-03-29", "close": 16.821405, "volume": 20316200, "typical_volume": 65618605.0, "trend": 17.339686, "fair_value": 20.671714, "relative_strength": 0.786443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.619056, "energy": 14.609883, "activity_lines": [ 16.894147, 16.852817, 16.937445, 17.033567 ] }, { "date": "2024-04-05", "close": 16.366774, "volume": 34461100, "typical_volume": 63541975.0, "trend": 17.242698, "fair_value": 20.617833, "relative_strength": -1.777822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.516871, "energy": 24.186882, "activity_lines": [ 16.724418, 16.76685, 16.874663, 16.970799 ] }, { "date": "2024-04-12", "close": 16.821405, "volume": 37745900, "typical_volume": 63929145.0, "trend": 17.14571, "fair_value": 20.566866, "relative_strength": -0.612387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.158651, "energy": 22.23272, "activity_lines": [ 16.736541, 16.768503, 16.858642, 16.943618 ] }, { "date": "2024-04-19", "close": 16.821405, "volume": 0, "typical_volume": 59348120.0, "trend": 17.076, "fair_value": 20.518591, "relative_strength": 4.060079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.132722, "energy": 22.802181, "activity_lines": [ 16.736541, 16.776769, 16.844354, 16.922696 ] }, { "date": "2024-04-26", "close": 16.912333, "volume": 70688500, "typical_volume": 55285690.0, "trend": 17.012351, "fair_value": 20.470898, "relative_strength": 2.386426, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.524296, "energy": 20.37744, "activity_lines": [ 16.791097, 16.80322, 16.841323, 16.912136 ] }, { "date": "2024-05-03", "close": 18.458082, "volume": 170365900, "typical_volume": 59054355.0, "trend": 17.018413, "fair_value": 20.43446, "relative_strength": 10.65274, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.826932, "energy": 35.723882, "activity_lines": [ 17.360903, 17.104104, 16.986372, 17.005409 ] }, { "date": "2024-05-10", "close": 18.639936, "volume": 46539000, "typical_volume": 59043395.0, "trend": 17.063876, "fair_value": 20.400534, "relative_strength": 11.261263, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 78.26728, "energy": 73.84131, "activity_lines": [ 17.882215, 17.406642, 17.142246, 17.110024 ] }, { "date": "2024-05-17", "close": 20.458466, "volume": 181765900, "typical_volume": 65413225.0, "trend": 17.191173, "fair_value": 20.381838, "relative_strength": 20.565494, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.929696, "energy": 92.012368, "activity_lines": [ 18.858159, 18.006757, 17.463953, 17.32903 ] }, { "date": "2024-05-24", "close": 21.094952, "volume": 114210600, "typical_volume": 69186995.0, "trend": 17.333625, "fair_value": 20.367223, "relative_strength": 25.3065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.86895, "energy": 97.452386, "activity_lines": [ 19.803795, 18.653162, 17.833721, 17.580886 ] }, { "date": "2024-05-31", "close": 20.458466, "volume": 94969100, "typical_volume": 71346715.0, "trend": 17.433644, "fair_value": 20.349903, "relative_strength": 22.646104, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.974668, "energy": 91.317986, "activity_lines": [ 20.252366, 19.112754, 18.125985, 17.782489 ] }, { "date": "2024-06-07", "close": 20.367537, "volume": 42366200, "typical_volume": 70714920.0, "trend": 17.563972, "fair_value": 20.331999, "relative_strength": 22.768256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.444483, "energy": 88.662906, "activity_lines": [ 20.434218, 19.491338, 18.394867, 17.971772 ] }, { "date": "2024-06-14", "close": 20.003832, "volume": 84163400, "typical_volume": 68493880.0, "trend": 17.66096, "fair_value": 20.311765, "relative_strength": 22.456204, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.72873, "energy": 86.582699, "activity_lines": [ 20.367538, 19.739319, 18.610493, 18.129183 ] }, { "date": "2024-06-21", "close": 20.185688, "volume": 72498100, "typical_volume": 68111690.0, "trend": 17.760979, "fair_value": 20.295445, "relative_strength": 22.945948, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.949114, "energy": 63.598145, "activity_lines": [ 20.270551, 19.954237, 18.827417, 18.292068 ] }, { "date": "2024-06-28", "close": 20.822172, "volume": 61485300, "typical_volume": 68287550.0, "trend": 17.876153, "fair_value": 20.283205, "relative_strength": 26.562169, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.832129, "energy": 64.109123, "activity_lines": [ 20.40391, 20.22371, 19.090671, 18.489565 ] }, { "date": "2024-07-05", "close": 21.458658, "volume": 87602700, "typical_volume": 69526120.0, "trend": 18.021635, "fair_value": 20.27642, "relative_strength": 28.451215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.468605, "energy": 67.145359, "activity_lines": [ 20.767616, 20.536167, 19.395925, 18.720694 ] }, { "date": "2024-07-12", "close": 22.095142, "volume": 78495500, "typical_volume": 70379615.0, "trend": 18.188334, "fair_value": 20.273715, "relative_strength": 29.335367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.913186, "energy": 70.841275, "activity_lines": [ 21.276804, 20.881687, 19.738414, 18.983501 ] }, { "date": "2024-07-19", "close": 21.731436, "volume": 68937300, "typical_volume": 69111440.0, "trend": 18.342909, "fair_value": 20.265929, "relative_strength": 27.751444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.282233, "energy": 70.057535, "activity_lines": [ 21.549584, 21.094951, 20.020719, 19.212088 ] }, { "date": "2024-07-26", "close": 21.731436, "volume": 69052100, "typical_volume": 69870775.0, "trend": 18.473237, "fair_value": 20.262268, "relative_strength": 27.778451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.638775, "energy": 74.980827, "activity_lines": [ 21.707189, 21.252006, 20.279643, 19.430703 ] }, { "date": "2024-08-02", "close": 20.913097, "volume": 130207200, "typical_volume": 75079925.0, "trend": 18.58538, "fair_value": 20.247861, "relative_strength": 21.636412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.729727, "energy": 61.547765, "activity_lines": [ 21.488965, 21.237127, 20.436383, 19.588113 ] }, { "date": "2024-08-09", "close": 21.822363, "volume": 121314000, "typical_volume": 79359200.0, "trend": 18.733893, "fair_value": 20.244782, "relative_strength": 27.55892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.788939, "energy": 56.830164, "activity_lines": [ 21.567768, 21.390875, 20.661968, 19.796951 ] }, { "date": "2024-08-16", "close": 22.276997, "volume": 109161700, "typical_volume": 83801475.0, "trend": 18.92787, "fair_value": 20.244618, "relative_strength": 28.595382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.603236, "energy": 60.732555, "activity_lines": [ 21.773869, 21.602486, 20.907469, 20.025538 ] }, { "date": "2024-08-23", "close": 22.458851, "volume": 69615400, "typical_volume": 85559190.0, "trend": 19.121846, "fair_value": 20.24012, "relative_strength": 23.852472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.520898, "energy": 61.6573, "activity_lines": [ 22.028464, 21.812444, 21.144311, 20.253343 ] }, { "date": "2024-08-30", "close": 22.777925, "volume": 142166000, "typical_volume": 90780195.0, "trend": 19.308273, "fair_value": 20.235436, "relative_strength": 24.372417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.929146, "energy": 65.548339, "activity_lines": [ 22.340923, 22.035779, 21.382532, 20.489219 ] }, { "date": "2024-09-06", "close": 22.685331, "volume": 99285400, "typical_volume": 95744465.0, "trend": 19.500707, "fair_value": 20.234343, "relative_strength": 17.342927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.172588, "energy": 69.709406, "activity_lines": [ 22.552751, 22.195147, 21.583569, 20.707094 ] }, { "date": "2024-09-13", "close": 22.87052, "volume": 86777600, "typical_volume": 96548920.0, "trend": 19.711436, "fair_value": 20.234438, "relative_strength": 18.024217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.0547, "energy": 62.503175, "activity_lines": [ 22.70816, 22.35431, 21.77432, 20.924501 ] }, { "date": "2024-09-20", "close": 22.777925, "volume": 39967000, "typical_volume": 90028975.0, "trend": 19.913018, "fair_value": 20.235335, "relative_strength": 14.805294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.65109, "energy": 59.133753, "activity_lines": [ 22.762827, 22.470967, 21.92788, 21.122339 ] }, { "date": "2024-09-27", "close": 22.500145, "volume": 105574400, "typical_volume": 92980745.0, "trend": 20.102309, "fair_value": 20.235846, "relative_strength": 13.092145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.080792, "energy": 52.979753, "activity_lines": [ 22.691505, 22.524705, 22.034414, 21.289251 ] }, { "date": "2024-10-04", "close": 22.685331, "volume": 134906300, "typical_volume": 90637765.0, "trend": 20.303835, "fair_value": 20.23894, "relative_strength": 14.009032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.762449, "energy": 48.759046, "activity_lines": [ 22.679159, 22.598136, 22.140203, 21.455897 ] }, { "date": "2024-10-11", "close": 23.148298, "volume": 217052200, "typical_volume": 95779845.0, "trend": 20.502608, "fair_value": 20.243606, "relative_strength": 13.681157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.75405, "energy": 50.106978, "activity_lines": [ 22.827308, 22.7384, 22.27948, 21.639411 ] }, { "date": "2024-10-18", "close": 23.842749, "volume": 74785100, "typical_volume": 94770645.0, "trend": 20.733622, "fair_value": 20.254119, "relative_strength": 14.885692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.767043, "energy": 56.638219, "activity_lines": [ 23.176076, 22.964287, 22.475117, 21.854904 ] }, { "date": "2024-10-25", "close": 23.379782, "volume": 29905900, "typical_volume": 94147630.0, "trend": 20.952234, "fair_value": 20.26306, "relative_strength": 14.079435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.64583, "energy": 52.08025, "activity_lines": [ 23.305707, 23.069264, 22.610547, 22.025624 ] }, { "date": "2024-11-01", "close": 22.87052, "volume": 80973900, "typical_volume": 93988155.0, "trend": 21.169026, "fair_value": 20.270131, "relative_strength": 11.030614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.311888, "energy": 48.406121, "activity_lines": [ 23.22546, 23.061598, 22.683131, 22.149385 ] }, { "date": "2024-11-08", "close": 22.592739, "volume": 81691500, "typical_volume": 94447825.0, "trend": 21.361404, "fair_value": 20.274027, "relative_strength": 9.109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.232733, "energy": 41.4903, "activity_lines": [ 23.027928, 22.995941, 22.715609, 22.241237 ] }, { "date": "2024-11-15", "close": 22.592739, "volume": 77544700, "typical_volume": 95250795.0, "trend": 21.553782, "fair_value": 20.279318, "relative_strength": 10.239571, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.127817, "energy": 24.482141, "activity_lines": [ 22.836568, 22.933651, 22.736625, 22.320678 ] }, { "date": "2024-11-22", "close": 22.592739, "volume": 70917400, "typical_volume": 94416530.0, "trend": 21.743128, "fair_value": 20.286841, "relative_strength": 9.467354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.895536, "energy": 20.198637, "activity_lines": [ 22.682246, 22.873044, 22.74921, 22.387707 ] }, { "date": "2024-11-29", "close": 22.129772, "volume": 81597100, "typical_volume": 94571610.0, "trend": 21.865518, "fair_value": 20.294746, "relative_strength": 8.207432, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.290388, "energy": 16.828805, "activity_lines": [ 22.456935, 22.733312, 22.712302, 22.412652 ] }, { "date": "2024-12-06", "close": 22.314959, "volume": 52637000, "typical_volume": 93756595.0, "trend": 21.988019, "fair_value": 20.305512, "relative_strength": 6.848867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.926472, "energy": 14.744621, "activity_lines": [ 22.376688, 22.639036, 22.692867, 22.441648 ] }, { "date": "2024-12-13", "close": 22.222366, "volume": 44645800, "typical_volume": 92536280.0, "trend": 22.046816, "fair_value": 20.311778, "relative_strength": 7.449051, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.690674, "energy": 14.353685, "activity_lines": [ 22.302613, 22.531291, 22.661834, 22.456768 ] }, { "date": "2024-12-20", "close": 20.926062, "volume": 120628200, "typical_volume": 92057330.0, "trend": 22.041186, "fair_value": 20.313082, "relative_strength": 5.67264, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.683969, "energy": 44.319228, "activity_lines": [ 21.821129, 22.196272, 22.505006, 22.384461 ] }, { "date": "2024-12-27", "close": 21.666805, "volume": 34564200, "typical_volume": 87719840.0, "trend": 22.081464, "fair_value": 20.309647, "relative_strength": 6.167907, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.7601, "energy": 44.917306, "activity_lines": [ 21.697671, 22.036338, 22.418663, 22.360307 ] }, { "date": "2025-01-03", "close": 21.203842, "volume": 21764500, "typical_volume": 83349980.0, "trend": 22.109341, "fair_value": 20.294872, "relative_strength": 4.734283, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.452285, "energy": 57.194807, "activity_lines": [ 21.48162, 21.831791, 22.288969, 22.303686 ] }, { "date": "2025-01-10", "close": 20.370502, "volume": 58950700, "typical_volume": 82816745.0, "trend": 22.121563, "fair_value": 20.277546, "relative_strength": 1.503797, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.69674, "energy": 70.337849, "activity_lines": [ 21.049519, 21.515291, 22.08502, 22.191503 ] }, { "date": "2025-01-17", "close": 20.740875, "volume": 44615000, "typical_volume": 77939195.0, "trend": 22.140069, "fair_value": 20.26678, "relative_strength": 4.967721, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.190651, "energy": 73.524504, "activity_lines": [ 20.870505, 21.311586, 21.926288, 22.102427 ] }, { "date": "2025-01-24", "close": 20.555689, "volume": 51873700, "typical_volume": 75568610.0, "trend": 22.131187, "fair_value": 20.256222, "relative_strength": 2.593874, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.96948, "energy": 75.5423, "activity_lines": [ 20.728529, 21.107881, 21.759621, 22.000209 ] }, { "date": "2025-01-31", "close": 20.370502, "volume": 56927100, "typical_volume": 74076085.0, "trend": 22.094915, "fair_value": 20.245873, "relative_strength": 4.312504, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.496647, "energy": 72.886703, "activity_lines": [ 20.549516, 20.907543, 21.585457, 21.886616 ] }, { "date": "2025-02-07", "close": 19.351976, "volume": 82551500, "typical_volume": 76205310.0, "trend": 22.003476, "fair_value": 20.227599, "relative_strength": 1.220315, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.062331, "energy": 71.059495, "activity_lines": [ 20.117414, 20.562422, 21.326196, 21.709652 ] }, { "date": "2025-02-14", "close": 19.351976, "volume": 37199300, "typical_volume": 72786555.0, "trend": 21.92416, "fair_value": 20.206534, "relative_strength": 1.586155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.891808, "energy": 71.388608, "activity_lines": [ 19.80877, 20.267808, 21.083249, 21.538588 ] }, { "date": "2025-02-21", "close": 20.833469, "volume": 131398700, "typical_volume": 72611175.0, "trend": 21.894228, "fair_value": 20.196362, "relative_strength": 10.95811, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.974821, "energy": 48.530005, "activity_lines": [ 20.061858, 20.296427, 20.996388, 21.468221 ] }, { "date": "2025-02-28", "close": 22.592739, "volume": 146207000, "typical_volume": 69068915.0, "trend": 21.950216, "fair_value": 20.20556, "relative_strength": 23.555378, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.894405, "energy": 18.30599, "activity_lines": [ 20.895197, 20.670167, 21.085895, 21.513286 ] }, { "date": "2025-03-07", "close": 22.500145, "volume": 92142600, "typical_volume": 69936790.0, "trend": 21.972809, "fair_value": 20.216955, "relative_strength": 22.183084, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.239757, "energy": 15.986711, "activity_lines": [ 21.561868, 20.996769, 21.169229, 21.548765 ] }, { "date": "2025-03-14", "close": 22.314959, "volume": 53598100, "typical_volume": 71121400.0, "trend": 21.974074, "fair_value": 20.223814, "relative_strength": 23.0744, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.116232, "energy": 28.389319, "activity_lines": [ 22.024834, 21.274548, 21.241319, 21.570839 ] }, { "date": "2025-03-21", "close": 22.314959, "volume": 90320400, "typical_volume": 71588725.0, "trend": 21.969278, "fair_value": 20.231789, "relative_strength": 20.755491, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.926597, "energy": 32.99537, "activity_lines": [ 22.290268, 21.532126, 21.31848, 21.592832 ] }, { "date": "2025-03-28", "close": 22.129772, "volume": 68602900, "typical_volume": 70934295.0, "trend": 21.947673, "fair_value": 20.238577, "relative_strength": 19.910253, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.095112, "energy": 33.975086, "activity_lines": [ 22.29644, 21.720679, 21.38065, 21.603186 ] }, { "date": "2025-04-04", "close": 21.851995, "volume": 85976600, "typical_volume": 71355890.0, "trend": 21.919895, "fair_value": 20.246934, "relative_strength": 22.562595, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.657896, "energy": 26.903474, "activity_lines": [ 22.1236, 21.833475, 21.418569, 21.597014 ] }, { "date": "2025-04-11", "close": 23.379782, "volume": 155599600, "typical_volume": 75590000.0, "trend": 21.93687, "fair_value": 20.265642, "relative_strength": 29.369743, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.241836, "energy": 28.795909, "activity_lines": [ 22.509406, 22.200481, 21.605519, 21.6912 ] }, { "date": "2025-04-18", "close": 23.379782, "volume": 76948400, "typical_volume": 75357565.0, "trend": 21.956932, "fair_value": 20.282118, "relative_strength": 25.703985, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.209605, "energy": 31.045603, "activity_lines": [ 22.836568, 22.512772, 21.788721, 21.784291 ] }, { "date": "2025-04-25", "close": 23.842749, "volume": 127800100, "typical_volume": 79115720.0, "trend": 22.001686, "fair_value": 20.300445, "relative_strength": 26.08208, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.304041, "energy": 43.019858, "activity_lines": [ 23.247065, 22.836007, 22.010063, 21.905956 ] }, { "date": "2025-05-02", "close": 24.305712, "volume": 90493800, "typical_volume": 81408120.0, "trend": 22.055699, "fair_value": 20.323719, "relative_strength": 23.256823, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.623572, "energy": 61.509787, "activity_lines": [ 23.710031, 23.161767, 22.268222, 22.054603 ] }, { "date": "2025-05-09", "close": 24.825874, "volume": 78463800, "typical_volume": 79299900.0, "trend": 22.111618, "fair_value": 20.34356, "relative_strength": 23.651524, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.509148, "energy": 78.078244, "activity_lines": [ 24.201321, 23.518969, 22.565999, 22.233324 ] }, { "date": "2025-05-16", "close": 24.825874, "volume": 79269200, "typical_volume": 81535150.0, "trend": 22.144389, "fair_value": 20.36171, "relative_strength": 24.359773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.152683, "energy": 77.78851, "activity_lines": [ 24.494352, 23.835569, 22.845206, 22.408438 ] }, { "date": "2025-05-23", "close": 24.825874, "volume": 107374700, "typical_volume": 85815660.0, "trend": 22.192592, "fair_value": 20.374219, "relative_strength": 25.595189, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.990525, "energy": 77.103518, "activity_lines": [ 24.690977, 24.109884, 23.109369, 22.581437 ] }, { "date": "2025-05-30", "close": 23.170816, "volume": 115076600, "typical_volume": 88621955.0, "trend": 22.202601, "fair_value": 20.37612, "relative_strength": 19.317405, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.151134, "energy": 53.815374, "activity_lines": [ 24.239511, 24.037625, 23.19866, 22.644548 ] }, { "date": "2025-06-06", "close": 24.825874, "volume": 105344600, "typical_volume": 91658435.0, "trend": 22.277039, "fair_value": 20.38722, "relative_strength": 28.315987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.830749, "energy": 47.863137, "activity_lines": [ 24.384525, 24.250725, 23.432241, 22.813791 ] }, { "date": "2025-06-13", "close": 24.116564, "volume": 79871900, "typical_volume": 93058345.0, "trend": 22.327833, "fair_value": 20.392363, "relative_strength": 25.300868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.945, "energy": 33.727768, "activity_lines": [ 24.258426, 24.28584, 23.578816, 22.93247 ] }, { "date": "2025-06-20", "close": 20.806448, "volume": 253920400, "typical_volume": 102908010.0, "trend": 22.26829, "fair_value": 20.379107, "relative_strength": 13.166312, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 5.640741, "energy": 14.011978, "activity_lines": [ 23.076242, 23.677942, 23.393185, 22.834316 ] }, { "date": "2025-06-27", "close": 20.806448, "volume": 167310600, "typical_volume": 107145965.0, "trend": 22.22418, "fair_value": 20.365851, "relative_strength": 11.220481, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -27.72685, "energy": 28.09805, "activity_lines": [ 22.162019, 23.116831, 23.205479, 22.740004 ] }, { "date": "2025-07-04", "close": 20.617296, "volume": 172773100, "typical_volume": 113924655.0, "trend": 22.167591, "fair_value": 20.347153, "relative_strength": 6.274343, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -31.61648, "energy": 38.405679, "activity_lines": [ 21.452708, 22.568117, 22.992832, 22.636334 ] }, { "date": "2025-07-11", "close": 20.428148, "volume": 106771700, "typical_volume": 112693305.0, "trend": 22.107784, "fair_value": 20.330062, "relative_strength": 4.997165, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.977751, "energy": 57.412346, "activity_lines": [ 20.850582, 22.043657, 22.756145, 22.524112 ] }, { "date": "2025-07-18", "close": 21.846769, "volume": 140365400, "typical_volume": 112401225.0, "trend": 22.138474, "fair_value": 20.327705, "relative_strength": 4.150837, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.417238, "energy": 55.171508, "activity_lines": [ 21.014511, 21.847629, 22.656495, 22.507272 ] }, { "date": "2025-07-25", "close": 22.035919, "volume": 100717600, "typical_volume": 112829975.0, "trend": 22.150778, "fair_value": 20.32656, "relative_strength": 3.970031, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.157951, "energy": 36.933034, "activity_lines": [ 21.39281, 21.740158, 22.578412, 22.500656 ] }, { "date": "2025-08-01", "close": 22.130493, "volume": 102654300, "typical_volume": 115282785.0, "trend": 22.181666, "fair_value": 20.328559, "relative_strength": 4.057951, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.646122, "energy": 13.627192, "activity_lines": [ 21.720669, 21.700608, 22.511547, 22.499347 ] }, { "date": "2025-08-08", "close": 22.508793, "volume": 106151400, "typical_volume": 116074335.0, "trend": 22.252942, "fair_value": 20.323396, "relative_strength": 2.293482, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.358923, "energy": 10.414819, "activity_lines": [ 22.086359, 21.778847, 22.481588, 22.520452 ] }, { "date": "2025-08-15", "close": 23.076242, "volume": 81066600, "typical_volume": 116697520.0, "trend": 22.330788, "fair_value": 20.32469, "relative_strength": 4.701885, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.026699, "energy": 13.83503, "activity_lines": [ 22.515098, 21.972296, 22.504749, 22.573568 ] }, { "date": "2025-08-22", "close": 22.981667, "volume": 113499500, "typical_volume": 118073665.0, "trend": 22.411654, "fair_value": 20.325378, "relative_strength": 4.572272, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.650279, "energy": 15.617641, "activity_lines": [ 22.735772, 22.18036, 22.514396, 22.61556 ] }, { "date": "2025-08-29", "close": 21.616322, "volume": 148303500, "typical_volume": 117708860.0, "trend": 22.453181, "fair_value": 20.317864, "relative_strength": -0.384411, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.929203, "energy": 10.451275, "activity_lines": [ 22.425672, 22.160815, 22.388631, 22.564249 ] }, { "date": "2025-09-05", "close": 22.208549, "volume": 123390200, "typical_volume": 120030950.0, "trend": 22.5484, "fair_value": 20.311283, "relative_strength": -0.118972, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.871369, "energy": 5.44353, "activity_lines": [ 22.340954, 22.234222, 22.327666, 22.548466 ] }, { "date": "2025-09-12", "close": 23.195597, "volume": 98759700, "typical_volume": 118578930.0, "trend": 22.676521, "fair_value": 20.315325, "relative_strength": 1.787383, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.889808, "energy": 5.465235, "activity_lines": [ 22.580048, 22.4616, 22.366283, 22.590221 ] }, { "date": "2025-09-19", "close": 22.899483, "volume": 91972500, "typical_volume": 118652865.0, "trend": 22.745388, "fair_value": 20.319474, "relative_strength": 0.336283, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.079884, "energy": 6.288205, "activity_lines": [ 22.674651, 22.58826, 22.37978, 22.604605 ] }, { "date": "2025-09-26", "close": 21.912437, "volume": 101641900, "typical_volume": 119811770.0, "trend": 22.722711, "fair_value": 20.316722, "relative_strength": -3.109893, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.325863, "energy": 15.096259, "activity_lines": [ 22.452022, 22.490525, 22.305969, 22.550866 ] }, { "date": "2025-10-03", "close": 22.307255, "volume": 93651900, "typical_volume": 120530905.0, "trend": 22.716282, "fair_value": 20.319366, "relative_strength": -2.660606, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.834185, "energy": 12.9203, "activity_lines": [ 22.432281, 22.46338, 22.283633, 22.524063 ] }, { "date": "2025-10-10", "close": 22.603369, "volume": 58623900, "typical_volume": 118093365.0, "trend": 22.725895, "fair_value": 20.321044, "relative_strength": -1.055544, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.506455, "energy": 12.671719, "activity_lines": [ 22.465183, 22.485141, 22.301492, 22.516778 ] }, { "date": "2025-10-17", "close": 21.517616, "volume": 72330100, "typical_volume": 115956040.0, "trend": 22.699317, "fair_value": 20.315762, "relative_strength": -4.984593, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.59381, "energy": 27.654713, "activity_lines": [ 22.109845, 22.300895, 22.226529, 22.438825 ] }, { "date": "2025-10-24", "close": 21.418913, "volume": 64875700, "typical_volume": 113932595.0, "trend": 22.675622, "fair_value": 20.306983, "relative_strength": -8.2817, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.647251, "energy": 42.331398, "activity_lines": [ 21.833472, 22.116724, 22.150039, 22.356218 ] }, { "date": "2025-10-31", "close": 20.826685, "volume": 114910500, "typical_volume": 115684525.0, "trend": 22.641445, "fair_value": 20.29584, "relative_strength": -10.544854, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.51181, "energy": 58.539762, "activity_lines": [ 21.458395, 21.855008, 22.033369, 22.236932 ] }, { "date": "2025-11-07", "close": 20.431866, "volume": 66918000, "typical_volume": 106334405.0, "trend": 22.543181, "fair_value": 20.282166, "relative_strength": -11.821303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.247732, "energy": 72.369411, "activity_lines": [ 21.024094, 21.560689, 21.894764, 22.094378 ] }, { "date": "2025-11-14", "close": 21.221502, "volume": 78881400, "typical_volume": 101912945.0, "trend": 22.471238, "fair_value": 20.278422, "relative_strength": -6.092853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.16598, "energy": 64.311512, "activity_lines": [ 20.978031, 21.431475, 21.833146, 22.009109 ] }, { "date": "2025-11-21", "close": 21.221502, "volume": 82781400, "typical_volume": 97413360.0, "trend": 22.383864, "fair_value": 20.279262, "relative_strength": -5.113287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.683348, "energy": 58.821115, "activity_lines": [ 21.024093, 21.320208, 21.769551, 21.92848 ] }, { "date": "2025-11-28", "close": 20.037046, "volume": 92172500, "typical_volume": 96683400.0, "trend": 22.241575, "fair_value": 20.272509, "relative_strength": -10.61518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.916559, "energy": 65.641071, "activity_lines": [ 20.695077, 21.029477, 21.590274, 21.777073 ] }, { "date": "2025-12-05", "close": 20.431866, "volume": 66680800, "typical_volume": 92999170.0, "trend": 22.095108, "fair_value": 20.268287, "relative_strength": -10.141145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.25549, "energy": 47.932334, "activity_lines": [ 20.589793, 20.862577, 21.450461, 21.660317 ] }, { "date": "2025-12-12", "close": 20.234457, "volume": 57851900, "typical_volume": 90855885.0, "trend": 21.942061, "fair_value": 20.258217, "relative_strength": -9.673181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.24225, "energy": 57.908622, "activity_lines": [ 20.445026, 20.686703, 21.298585, 21.540275 ] }, { "date": "2025-12-19", "close": 21.221502, "volume": 107289100, "typical_volume": 91087625.0, "trend": 21.821915, "fair_value": 20.253328, "relative_strength": -5.287468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.0954, "energy": 42.579188, "activity_lines": [ 20.642435, 20.727979, 21.249291, 21.493788 ] }, { "date": "2025-12-26", "close": 21.517616, "volume": 65128400, "typical_volume": 89036475.0, "trend": 21.766808, "fair_value": 20.249192, "relative_strength": -4.671058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.061218, "energy": 24.885151, "activity_lines": [ 20.938549, 20.848219, 21.232528, 21.474156 ] }, { "date": "2026-01-02", "close": 21.517616, "volume": 25149700, "typical_volume": 86240630.0, "trend": 21.656533, "fair_value": 20.248493, "relative_strength": -4.883433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.364664, "energy": 18.191822, "activity_lines": [ 21.214922, 20.96846, 21.220484, 21.458079 ] }, { "date": "2026-01-09", "close": 21.320208, "volume": 69196500, "typical_volume": 84025480.0, "trend": 21.563321, "fair_value": 20.246528, "relative_strength": -5.550091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.44672, "energy": 21.613992, "activity_lines": [ 21.326788, 21.051013, 21.197062, 21.43638 ] }, { "date": "2026-01-16", "close": 21.418913, "volume": 53149700, "typical_volume": 79267790.0, "trend": 21.583737, "fair_value": 20.245769, "relative_strength": -6.844274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.909966, "energy": 19.97929, "activity_lines": [ 21.412332, 21.142539, 21.190951, 21.427064 ] }, { "date": "2026-01-23", "close": 20.72798, "volume": 124106000, "typical_volume": 79303580.0, "trend": 21.581121, "fair_value": 20.243445, "relative_strength": -12.564788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.717255, "energy": 18.254987, "activity_lines": [ 21.188602, 21.090495, 21.119978, 21.371854 ] }, { "date": "2026-01-30", "close": 20.431866, "volume": 80607700, "typical_volume": 78395980.0, "trend": 21.57494, "fair_value": 20.238077, "relative_strength": -14.536361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.542493, "energy": 30.036712, "activity_lines": [ 20.899068, 20.993585, 21.027854, 21.297708 ] }, { "date": "2026-02-06", "close": 20.72798, "volume": 94355800, "typical_volume": 78515145.0, "trend": 21.584934, "fair_value": 20.239764, "relative_strength": -15.135085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.774301, "energy": 36.970836, "activity_lines": [ 20.780623, 20.964871, 20.977091, 21.243066 ] }, { "date": "2026-02-13", "close": 21.024094, "volume": 143915700, "typical_volume": 80628835.0, "trend": 21.557512, "fair_value": 20.243348, "relative_strength": -18.475495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.696624, "energy": 36.872549, "activity_lines": [ 20.813524, 20.977433, 20.964871, 21.206882 ] }, { "date": "2026-02-20", "close": 21.221502, "volume": 123350100, "typical_volume": 82113745.0, "trend": 21.530365, "fair_value": 20.249343, "relative_strength": -20.249589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.976936, "energy": 20.966147, "activity_lines": [ 20.931969, 21.01512, 20.975681, 21.185204 ] }, { "date": "2026-02-27", "close": 20.72798, "volume": 180531100, "typical_volume": 88209105.0, "trend": 21.483614, "fair_value": 20.256758, "relative_strength": -24.156621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.486747, "energy": 19.783061, "activity_lines": [ 20.899068, 20.94513, 20.94466, 21.133437 ] }, { "date": "2026-03-06", "close": 18.852592, "volume": 214750900, "typical_volume": 95330145.0, "trend": 21.361741, "fair_value": 20.252151, "relative_strength": -24.819992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.100078, "energy": 55.568461, "activity_lines": [ 20.241037, 20.543133, 20.74396, 20.963694 ] }, { "date": "2026-03-13", "close": 18.655182, "volume": 173086000, "typical_volume": 100740660.0, "trend": 21.214372, "fair_value": 20.247425, "relative_strength": -25.085467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.131073, "energy": 75.412417, "activity_lines": [ 19.622488, 20.153698, 20.537151, 20.789077 ] }, { "date": "2026-03-20", "close": 19.938343, "volume": 187213200, "typical_volume": 104355795.0, "trend": 21.112928, "fair_value": 20.250924, "relative_strength": -20.831979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.905594, "energy": 69.503666, "activity_lines": [ 19.569845, 20.04961, 20.465707, 20.706753 ] }, { "date": "2026-03-27", "close": 20.530569, "volume": 216750900, "typical_volume": 111847440.0, "trend": 21.076736, "fair_value": 20.261083, "relative_strength": -18.86069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.922308, "energy": 60.274536, "activity_lines": [ 19.786995, 20.078324, 20.454897, 20.669181 ] }, { "date": "2026-04-03", "close": 20.530569, "volume": 132246300, "typical_volume": 114515685.0, "trend": 21.020804, "fair_value": 20.272961, "relative_strength": -18.775047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.847822, "energy": 30.819326, "activity_lines": [ 20.050207, 20.123189, 20.443616, 20.633945 ] }, { "date": "2026-04-10", "close": 20.530569, "volume": 95453500, "typical_volume": 115149290.0, "trend": 20.931969, "fair_value": 20.285412, "relative_strength": -21.003779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.615944, "energy": 18.034378, "activity_lines": [ 20.32658, 20.171644, 20.435626, 20.602317 ] }, { "date": "2026-04-17", "close": 19.839638, "volume": 80691200, "typical_volume": 114575225.0, "trend": 20.829974, "fair_value": 20.294007, "relative_strength": -21.80209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.238686, "energy": 20.245335, "activity_lines": [ 20.260777, 20.09268, 20.365122, 20.531844 ] }, { "date": "2026-04-24", "close": 18.951296, "volume": 152771700, "typical_volume": 118879770.0, "trend": 20.73127, "fair_value": 20.299198, "relative_strength": -23.300486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.41879, "energy": 32.537942, "activity_lines": [ 19.819896, 19.868351, 20.210955, 20.410639 ] }, { "date": "2026-05-01", "close": 19.049999, "volume": 134053400, "typical_volume": 122689845.0, "trend": 20.622695, "fair_value": 20.30445, "relative_strength": -24.195386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.785569, "energy": 47.937349, "activity_lines": [ 19.47772, 19.699656, 20.073238, 20.30217 ] }, { "date": "2026-05-08", "close": 19.0, "volume": 102394600, "typical_volume": 122445120.0, "trend": 20.502582, "fair_value": 20.308506, "relative_strength": -24.050044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.594273, "energy": 60.478246, "activity_lines": [ 19.217582, 19.561352, 19.9364, 20.19748 ] }, { "date": "2026-05-15", "close": 19.0, "volume": 123159700, "typical_volume": 125346685.0, "trend": 20.418662, "fair_value": 20.317226, "relative_strength": -24.209463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.451973, "energy": 63.018495, "activity_lines": [ 19.059482, 19.454465, 19.810141, 20.100539 ] }, { "date": "2026-05-22", "close": 18.9, "volume": 97815500, "typical_volume": 128979975.0, "trend": 20.334698, "fair_value": 20.320059, "relative_strength": -24.851749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.498499, "energy": 60.148262, "activity_lines": [ 18.970086, 19.326717, 19.686346, 20.002561 ] }, { "date": "2026-05-29", "close": 19.0, "volume": 106433200, "typical_volume": 130841810.0, "trend": 20.273808, "fair_value": 20.322367, "relative_strength": -25.176222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.506203, "energy": 49.634189, "activity_lines": [ 18.976667, 19.212699, 19.58454, 19.916451 ] }, { "date": "2026-06-05", "close": 18.9, "volume": 33461700, "typical_volume": 129857410.0, "trend": 20.222746, "fair_value": 20.318205, "relative_strength": -25.361325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.723985, "energy": 50.58734, "activity_lines": [ 18.946667, 19.09756, 19.484259, 19.827818 ] }, { "date": "2026-06-12", "close": 19.1, "volume": 33437500, "typical_volume": 125323985.0, "trend": 20.15203, "fair_value": 20.315909, "relative_strength": -24.171594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.924325, "energy": 40.541575, "activity_lines": [ 18.993333, 19.048431, 19.41502, 19.755383 ] }, { "date": "2026-06-19", "close": 19.200001, "volume": 49521100, "typical_volume": 123769655.0, "trend": 20.084646, "fair_value": 20.322413, "relative_strength": -22.120301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.218332, "energy": 32.987839, "activity_lines": [ 19.066667, 19.043495, 19.363057, 19.693962 ] }, { "date": "2026-06-26", "close": 19.6, "volume": 33243800, "typical_volume": 120714055.0, "trend": 20.070078, "fair_value": 20.33323, "relative_strength": -18.29027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.826622, "energy": 25.591955, "activity_lines": [ 19.26, 19.135478, 19.355056, 19.662694 ] }, { "date": "2026-07-03", "close": 20.799999, "volume": 51922700, "typical_volume": 116114405.0, "trend": 20.082349, "fair_value": 20.353488, "relative_strength": -16.42933, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 5.874611, "energy": 19.291719, "activity_lines": [ 19.806667, 19.45, 19.466711, 19.709786 ] }, { "date": "2026-07-10", "close": 22.200001, "volume": 303805700, "typical_volume": 125137185.0, "trend": 20.147867, "fair_value": 20.380972, "relative_strength": -10.866556, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.816371, "energy": 66.488807, "activity_lines": [ 20.7, 19.985455, 19.712767, 19.846409 ] }, { "date": "2026-07-17", "close": 22.0, "volume": 130412200, "typical_volume": 122631240.0, "trend": 20.173817, "fair_value": 20.406008, "relative_strength": -12.096631, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.932874, "energy": 78.428117, "activity_lines": [ 21.306667, 20.427273, 19.935116, 19.965901 ] }, { "date": "2026-07-24", "close": 21.799999, "volume": 154237900, "typical_volume": 119605590.0, "trend": 20.18323, "fair_value": 20.430345, "relative_strength": -12.609811, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.739171, "energy": 80.037256, "activity_lines": [ 21.653333, 20.778182, 20.13236, 20.070816 ] }, { "date": "2026-07-31", "close": 22.5, "volume": 79684600, "typical_volume": 114935520.0, "trend": 20.215976, "fair_value": 20.460918, "relative_strength": -8.283166, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.423819, "energy": 93.413403, "activity_lines": [ 22.06, 21.205454, 20.382235, 20.220285 ] }, { "date": "2026-08-07", "close": 21.6, "volume": 114875200, "typical_volume": 111318620.0, "trend": 20.225302, "fair_value": 20.482807, "relative_strength": -10.844801, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.495598, "energy": 85.881343, "activity_lines": [ 21.973333, 21.403636, 20.528088, 20.309577 ] } ], "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." } } }