{ "ticker": { "uuid": "f4a1fcb1-3d41-43ac-9bca-409765051e31", "symbol": "SCC", "name": "PROSHARES ULTRASHORT CONSUMER DISCRETIONARY", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "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": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 54.036, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -46.691, "architecture_energy": 20.049, "architecture_maturity": 27.567, "architecture_confidence": 74.735, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 45.18, "rotation_up": 28.1, "upward_expansion": 25.06, "deceleration": 32.26, "rotation_down": 40.87, "downward_expansion": 54.73 }, "activity_lines": [ 14.804867, 14.846317, 14.749618, 14.947306 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 13.7707, "trend_reference": 14.991949, "distance_from_trend": -0.08146, "trend_direction": "Improving", "fair_value": 21.373024, "distance_from_fair_value": -0.355697, "fair_value_direction": "Improving", "relative_strength": -17.455121, "relative_strength_direction": "Improving", "price_momentum": -0.062375, "excess_performance": -0.188, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.08146, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.010722, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.355697, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.037156, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.174551, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.033601, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.062375, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.556848, "read": "Supply-led" } ], "volume": { "latest": 72965, "relative_activity": 0.757871, "balance": 0.556848, "dry_up": 0.880362, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.087217, "annualized_volatility": 0.429186, "from_high_reference": -0.247503, "from_low_reference": 0.052684 }, "levels": { "trend_reference": 14.991949, "fair_value_reference": 21.373024, "structural_low": 13.445652, "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": 22, "median_return": -0.015715, "positive_rate": 0.409091, "directional_follow_through": 0.409091, "median_excess_return": -0.036011, "regime_survival": 0.454545, "best_return": 0.355546, "worst_return": -0.203974, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.062231, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.136876, "regime_survival": 0.272727, "best_return": 0.39336, "worst_return": -0.341877, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.192591, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.300782, "regime_survival": 0.142857, "best_return": 0.765699, "worst_return": -0.296387, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.269024, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.366158, "regime_survival": 0.333333, "best_return": 0.499697, "worst_return": -0.429147, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": 0.050369, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": -0.033938, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": -0.112909, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-06", "end": "2025-06-20", "tenure": "New", "return": 0.017867, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": -0.024435, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-18", "end": "2025-11-21", "tenure": "Established", "return": -0.03231, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.04012, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-02-13", "tenure": "Developing", "return": 0.105073, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.01006, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": 0.066029, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": -0.189924, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": 0.06889, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": 0.077225, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.067961, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 33.499871, "volume": 34050, "typical_volume": 30140.45, "trend": 37.227479, "fair_value": 39.555864, "relative_strength": -25.347262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.555336, "energy": 42.863934, "activity_lines": [ 31.333146, 30.83602, 32.736677, 34.860761 ] }, { "date": "2023-08-25", "close": 32.590536, "volume": 41417, "typical_volume": 31750.0, "trend": 36.998124, "fair_value": 39.450561, "relative_strength": -27.514066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.69925, "energy": 29.484628, "activity_lines": [ 31.92601, 31.152995, 32.505101, 34.561604 ] }, { "date": "2023-09-01", "close": 30.718074, "volume": 41220, "typical_volume": 33431.4, "trend": 36.756216, "fair_value": 39.321632, "relative_strength": -32.796989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.786845, "energy": 28.099215, "activity_lines": [ 31.733607, 31.1188, 32.13985, 34.156439 ] }, { "date": "2023-09-08", "close": 31.184256, "volume": 11093, "typical_volume": 33457.95, "trend": 36.447685, "fair_value": 39.179098, "relative_strength": -30.502306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.561454, "energy": 24.616384, "activity_lines": [ 31.62141, 31.195874, 31.867526, 33.796958 ] }, { "date": "2023-09-15", "close": 30.001574, "volume": 26537, "typical_volume": 33753.5, "trend": 36.132694, "fair_value": 39.019458, "relative_strength": -32.423003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.445458, "energy": 41.969061, "activity_lines": [ 31.038671, 31.046089, 31.527681, 33.38108 ] }, { "date": "2023-09-22", "close": 33.956037, "volume": 30184, "typical_volume": 34464.65, "trend": 35.835646, "fair_value": 38.890723, "relative_strength": -20.270111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.364531, "energy": 19.33974, "activity_lines": [ 31.824396, 31.629373, 31.614113, 33.24065 ] }, { "date": "2023-09-29", "close": 34.051173, "volume": 33200, "typical_volume": 35244.75, "trend": 35.570889, "fair_value": 38.779137, "relative_strength": -18.424969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.84603, "energy": 10.127775, "activity_lines": [ 32.611421, 32.138492, 31.742018, 33.125523 ] }, { "date": "2023-10-06", "close": 34.220501, "volume": 34887, "typical_volume": 34904.0, "trend": 35.172579, "fair_value": 38.690637, "relative_strength": -17.444551, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.036705, "energy": 13.618849, "activity_lines": [ 33.357514, 32.6079, 31.916362, 33.038401 ] }, { "date": "2023-10-13", "close": 34.859477, "volume": 39344, "typical_volume": 34815.85, "trend": 34.852804, "fair_value": 38.607729, "relative_strength": -15.144867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.297083, "energy": 23.985178, "activity_lines": [ 34.083104, 33.1093, 32.171839, 33.018201 ] }, { "date": "2023-10-20", "close": 38.196525, "volume": 42686, "typical_volume": 36258.6, "trend": 34.65496, "fair_value": 38.539991, "relative_strength": -4.090267, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.804115, "energy": 57.503169, "activity_lines": [ 35.676028, 34.129801, 32.761753, 33.233925 ] }, { "date": "2023-10-27", "close": 39.355023, "volume": 43285, "typical_volume": 37273.95, "trend": 34.652498, "fair_value": 38.442402, "relative_strength": 1.798465, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.870556, "energy": 66.489587, "activity_lines": [ 37.108788, 35.225659, 33.451067, 33.537155 ] }, { "date": "2023-11-03", "close": 34.183938, "volume": 97526, "typical_volume": 40910.3, "trend": 34.393025, "fair_value": 38.362633, "relative_strength": -15.469567, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.412552, "energy": 51.305188, "activity_lines": [ 36.457921, 35.274863, 33.622847, 33.506925 ] }, { "date": "2023-11-10", "close": 33.718018, "volume": 74746, "typical_volume": 44075.5, "trend": 34.153324, "fair_value": 38.28202, "relative_strength": -17.1471, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.886468, "energy": 30.032635, "activity_lines": [ 35.642896, 35.210383, 33.739858, 33.463376 ] }, { "date": "2023-11-17", "close": 31.369074, "volume": 25309, "typical_volume": 42662.8, "trend": 33.843672, "fair_value": 38.18775, "relative_strength": -23.943725, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -6.624621, "energy": 6.834923, "activity_lines": [ 34.078388, 34.664278, 33.625818, 33.283747 ] }, { "date": "2023-11-24", "close": 31.017992, "volume": 17782, "typical_volume": 42575.3, "trend": 33.52993, "fair_value": 38.107804, "relative_strength": -24.89009, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -19.780582, "energy": 25.970278, "activity_lines": [ 32.629547, 34.050979, 33.474363, 33.101445 ] }, { "date": "2023-12-01", "close": 30.068937, "volume": 14211, "typical_volume": 42094.45, "trend": 33.17347, "fair_value": 38.0247, "relative_strength": -27.16871, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.431288, "energy": 34.161987, "activity_lines": [ 31.342923, 33.246645, 33.231369, 32.878156 ] }, { "date": "2023-12-08", "close": 29.384701, "volume": 8635, "typical_volume": 37370.8, "trend": 32.805731, "fair_value": 37.936373, "relative_strength": -28.162513, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.427192, "energy": 50.6247, "activity_lines": [ 30.447293, 32.388578, 32.917765, 32.633719 ] }, { "date": "2023-12-15", "close": 27.403877, "volume": 146747, "typical_volume": 40113.15, "trend": 32.436563, "fair_value": 37.844755, "relative_strength": -33.589809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.501266, "energy": 74.179722, "activity_lines": [ 29.211337, 31.255207, 32.419269, 32.285212 ] }, { "date": "2023-12-22", "close": 27.289963, "volume": 8601, "typical_volume": 39334.45, "trend": 32.067885, "fair_value": 37.749196, "relative_strength": -33.419786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.054315, "energy": 81.124372, "activity_lines": [ 28.358353, 30.225063, 31.920336, 31.953173 ] }, { "date": "2023-12-29", "close": 27.569367, "volume": 3612, "typical_volume": 38753.6, "trend": 31.79018, "fair_value": 37.664676, "relative_strength": -31.857884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.682384, "energy": 80.48262, "activity_lines": [ 27.870444, 29.383347, 31.461105, 31.662946 ] }, { "date": "2024-01-05", "close": 29.545881, "volume": 21694, "typical_volume": 38135.8, "trend": 31.638555, "fair_value": 37.594962, "relative_strength": -24.857761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.069355, "energy": 71.465641, "activity_lines": [ 28.271281, 29.094218, 31.205289, 31.518153 ] }, { "date": "2024-01-12", "close": 29.104736, "volume": 11647, "typical_volume": 36647.3, "trend": 31.54202, "fair_value": 37.514856, "relative_strength": -26.589037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.583946, "energy": 52.94999, "activity_lines": [ 28.559941, 28.90323, 30.926288, 31.354681 ] }, { "date": "2024-01-19", "close": 28.848002, "volume": 12200, "typical_volume": 35196.3, "trend": 31.431085, "fair_value": 37.447109, "relative_strength": -27.294798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.033402, "energy": 39.807392, "activity_lines": [ 28.781686, 28.757911, 30.639435, 31.180873 ] }, { "date": "2024-01-26", "close": 29.947444, "volume": 19691, "typical_volume": 35626.2, "trend": 31.411538, "fair_value": 37.370137, "relative_strength": -24.637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.604238, "energy": 28.134936, "activity_lines": [ 29.273638, 28.901036, 30.466197, 31.085154 ] }, { "date": "2024-02-02", "close": 28.055849, "volume": 28723, "typical_volume": 35735.5, "trend": 31.320876, "fair_value": 37.307194, "relative_strength": -29.779643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.852274, "energy": 37.634017, "activity_lines": [ 28.957892, 28.726084, 30.118695, 30.868658 ] }, { "date": "2024-02-09", "close": 27.257579, "volume": 9503, "typical_volume": 34701.45, "trend": 31.265275, "fair_value": 37.241367, "relative_strength": -31.961418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.300311, "energy": 52.635325, "activity_lines": [ 28.343624, 28.459848, 29.704434, 30.60651 ] }, { "date": "2024-02-16", "close": 27.494703, "volume": 20106, "typical_volume": 34046.75, "trend": 31.17597, "fair_value": 37.176164, "relative_strength": -30.412232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.290539, "energy": 65.194731, "activity_lines": [ 27.960951, 28.287841, 29.344653, 30.363247 ] }, { "date": "2024-02-23", "close": 26.807979, "volume": 9574, "typical_volume": 32781.1, "trend": 31.083228, "fair_value": 37.095674, "relative_strength": -32.326457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.034783, "energy": 75.751589, "activity_lines": [ 27.456706, 28.025339, 28.950691, 30.081441 ] }, { "date": "2024-03-01", "close": 25.794894, "volume": 19303, "typical_volume": 31779.05, "trend": 30.94174, "fair_value": 37.003398, "relative_strength": -34.629249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.596762, "energy": 83.09705, "activity_lines": [ 26.750767, 27.589474, 28.495542, 29.740259 ] }, { "date": "2024-03-08", "close": 27.216379, "volume": 5587, "typical_volume": 29924.1, "trend": 30.823745, "fair_value": 36.942293, "relative_strength": -29.674289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.2777, "energy": 68.856873, "activity_lines": [ 26.795493, 27.439244, 28.218938, 29.499913 ] }, { "date": "2024-03-15", "close": 27.954378, "volume": 9339, "typical_volume": 28226.8, "trend": 30.638896, "fair_value": 36.886646, "relative_strength": -26.594071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.147212, "energy": 51.059684, "activity_lines": [ 27.142183, 27.429614, 28.064906, 29.314792 ] }, { "date": "2024-03-22", "close": 26.386338, "volume": 6342, "typical_volume": 23667.6, "trend": 30.432089, "fair_value": 36.817276, "relative_strength": -31.115785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.908427, "energy": 50.566912, "activity_lines": [ 26.91974, 27.163822, 27.815825, 29.040434 ] }, { "date": "2024-03-29", "close": 26.087644, "volume": 1889, "typical_volume": 20024.75, "trend": 30.277741, "fair_value": 36.754182, "relative_strength": -31.277447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.120688, "energy": 47.006535, "activity_lines": [ 26.671624, 26.893147, 27.575429, 28.760147 ] }, { "date": "2024-04-05", "close": 27.629929, "volume": 15155, "typical_volume": 19517.05, "trend": 30.159264, "fair_value": 36.715796, "relative_strength": -25.561885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.237334, "energy": 33.878423, "activity_lines": [ 26.985625, 26.953077, 27.518252, 28.58932 ] }, { "date": "2024-04-12", "close": 28.248548, "volume": 5256, "typical_volume": 18890.75, "trend": 30.10083, "fair_value": 36.685502, "relative_strength": -21.814041, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.260481, "energy": 27.863616, "activity_lines": [ 27.383496, 27.167619, 27.537797, 28.466048 ] }, { "date": "2024-04-19", "close": 30.765128, "volume": 20538, "typical_volume": 19207.1, "trend": 29.994466, "fair_value": 36.666624, "relative_strength": -11.234718, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": 8.30699, "energy": 14.468085, "activity_lines": [ 28.551416, 27.836217, 27.810204, 28.508906 ] }, { "date": "2024-04-26", "close": 28.629265, "volume": 25939, "typical_volume": 20072.3, "trend": 29.813736, "fair_value": 36.638698, "relative_strength": -18.580189, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -10.036972, "energy": 21.490505, "activity_lines": [ 28.819999, 28.052703, 27.87588, 28.420829 ] }, { "date": "2024-05-03", "close": 27.927534, "volume": 40545, "typical_volume": 14762.2, "trend": 29.60397, "fair_value": 36.602134, "relative_strength": -20.03281, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -8.742871, "energy": 19.558564, "activity_lines": [ 28.705143, 28.120973, 27.878322, 28.299138 ] }, { "date": "2024-05-10", "close": 27.926445, "volume": 13366, "typical_volume": 15000.45, "trend": 29.372869, "fair_value": 36.557729, "relative_strength": -20.47196, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -8.861157, "energy": 16.033784, "activity_lines": [ 28.467264, 28.16869, 27.878166, 28.190911 ] }, { "date": "2024-05-17", "close": 27.818835, "volume": 29293, "typical_volume": 16284.5, "trend": 29.026946, "fair_value": 36.507496, "relative_strength": -21.151026, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.503865, "energy": 10.062081, "activity_lines": [ 28.173748, 28.158085, 27.864731, 28.090651 ] }, { "date": "2024-05-24", "close": 28.899469, "volume": 30075, "typical_volume": 16703.55, "trend": 28.678428, "fair_value": 36.471339, "relative_strength": -17.177074, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.871392, "energy": 10.041079, "activity_lines": [ 28.26909, 28.333006, 27.953026, 28.082426 ] }, { "date": "2024-05-31", "close": 28.859365, "volume": 60712, "typical_volume": 19156.8, "trend": 28.500942, "fair_value": 36.431071, "relative_strength": -16.224375, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.683219, "energy": 8.195683, "activity_lines": [ 28.475442, 28.483452, 28.040579, 28.0941 ] }, { "date": "2024-06-07", "close": 28.252359, "volume": 33210, "typical_volume": 20207.3, "trend": 28.318753, "fair_value": 36.393115, "relative_strength": -18.343742, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.001493, "energy": 5.145591, "activity_lines": [ 28.464118, 28.478569, 28.071491, 28.078062 ] }, { "date": "2024-06-14", "close": 28.254355, "volume": 80280, "typical_volume": 23236.75, "trend": 28.214929, "fair_value": 36.354065, "relative_strength": -19.140232, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.246671, "energy": 10.101722, "activity_lines": [ 28.431805, 28.43469, 28.10543, 28.073907 ] }, { "date": "2024-06-21", "close": 26.791008, "volume": 59741, "typical_volume": 24787.65, "trend": 28.07403, "fair_value": 36.313367, "relative_strength": -23.220757, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.875976, "energy": 10.954108, "activity_lines": [ 27.889849, 28.113395, 28.008064, 27.982042 ] }, { "date": "2024-06-28", "close": 26.828043, "volume": 26119, "typical_volume": 25618.45, "trend": 27.966, "fair_value": 36.279413, "relative_strength": -22.596211, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.579098, "energy": 29.865659, "activity_lines": [ 27.42876, 27.825335, 27.920248, 27.901655 ] }, { "date": "2024-07-05", "close": 24.881728, "volume": 10701, "typical_volume": 25148.2, "trend": 27.815901, "fair_value": 36.239251, "relative_strength": -28.996453, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -76.209078, "energy": 67.701792, "activity_lines": [ 26.456994, 27.254982, 27.649115, 27.70267 ] }, { "date": "2024-07-12", "close": 24.401325, "volume": 9559, "typical_volume": 25147.45, "trend": 27.715816, "fair_value": 36.186018, "relative_strength": -30.573774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.161169, "energy": 80.160662, "activity_lines": [ 25.590269, 26.66542, 27.344671, 27.482375 ] }, { "date": "2024-07-19", "close": 25.406967, "volume": 25890, "typical_volume": 25476.8, "trend": 27.653049, "fair_value": 36.150264, "relative_strength": -25.777716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.727451, "energy": 76.299328, "activity_lines": [ 25.315494, 26.322815, 27.147463, 27.333417 ] }, { "date": "2024-07-26", "close": 26.847625, "volume": 35654, "typical_volume": 26980.15, "trend": 27.628991, "fair_value": 36.111858, "relative_strength": -20.512565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.649628, "energy": 69.168886, "activity_lines": [ 25.710764, 26.287957, 27.089308, 27.281454 ] }, { "date": "2024-08-02", "close": 28.68084, "volume": 33791, "typical_volume": 28202.75, "trend": 27.600156, "fair_value": 36.08702, "relative_strength": -12.858343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.068454, "energy": 17.274786, "activity_lines": [ 26.713332, 26.604069, 27.207501, 27.349315 ] }, { "date": "2024-08-09", "close": 29.198211, "volume": 122112, "typical_volume": 33991.25, "trend": 27.603272, "fair_value": 36.065182, "relative_strength": -10.879508, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.339368, "energy": 18.87972, "activity_lines": [ 27.764837, 27.018224, 27.371508, 27.452415 ] }, { "date": "2024-08-16", "close": 26.366491, "volume": 132252, "typical_volume": 40509.4, "trend": 27.520555, "fair_value": 36.021904, "relative_strength": -21.878432, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.989758, "energy": 17.545955, "activity_lines": [ 27.584669, 26.911359, 27.252438, 27.372623 ] }, { "date": "2024-08-23", "close": 25.049365, "volume": 119572, "typical_volume": 45730.25, "trend": 27.357286, "fair_value": 35.978278, "relative_strength": -26.100285, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.254445, "energy": 23.567595, "activity_lines": [ 26.834448, 26.599305, 27.006599, 27.213192 ] }, { "date": "2024-08-30", "close": 25.305031, "volume": 23813, "typical_volume": 46658.1, "trend": 27.265592, "fair_value": 35.942364, "relative_strength": -24.97353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.720256, "energy": 28.678172, "activity_lines": [ 26.19329, 26.392009, 26.797398, 27.080788 ] }, { "date": "2024-09-06", "close": 26.571097, "volume": 15268, "typical_volume": 46394.6, "trend": 27.242709, "fair_value": 35.912205, "relative_strength": -17.239895, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.162754, "energy": 34.440497, "activity_lines": [ 26.076993, 26.441925, 26.722791, 27.035982 ] }, { "date": "2024-09-13", "close": 23.934649, "volume": 24012, "typical_volume": 46298.25, "trend": 27.124041, "fair_value": 35.865081, "relative_strength": -27.720071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.343843, "energy": 59.538753, "activity_lines": [ 25.22253, 26.017157, 26.417065, 26.822559 ] }, { "date": "2024-09-20", "close": 22.974393, "volume": 26104, "typical_volume": 45576.2, "trend": 26.996255, "fair_value": 35.813509, "relative_strength": -30.700568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.156066, "energy": 69.71841, "activity_lines": [ 24.398885, 25.435018, 26.042242, 26.554839 ] }, { "date": "2024-09-27", "close": 21.94774, "volume": 17085, "typical_volume": 45762.15, "trend": 26.868016, "fair_value": 35.747408, "relative_strength": -33.238843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.768991, "energy": 76.907845, "activity_lines": [ 23.459163, 24.692159, 25.593229, 26.229129 ] }, { "date": "2024-10-04", "close": 22.5998, "volume": 32932, "typical_volume": 45944.1, "trend": 26.71413, "fair_value": 35.685656, "relative_strength": -30.476574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.774628, "energy": 77.3206, "activity_lines": [ 22.943569, 24.130751, 25.234786, 25.95376 ] }, { "date": "2024-10-11", "close": 22.985143, "volume": 21498, "typical_volume": 45515.25, "trend": 26.548489, "fair_value": 35.633443, "relative_strength": -29.081313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.176989, "energy": 73.4002, "activity_lines": [ 22.736771, 23.716638, 24.937896, 25.71318 ] }, { "date": "2024-10-18", "close": 22.381017, "volume": 5928, "typical_volume": 42776.05, "trend": 26.414978, "fair_value": 35.579705, "relative_strength": -30.250667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.676547, "energy": 70.883614, "activity_lines": [ 22.567662, 23.296243, 24.611633, 25.444311 ] }, { "date": "2024-10-25", "close": 22.071586, "volume": 23677, "typical_volume": 42299.4, "trend": 26.28111, "fair_value": 35.523674, "relative_strength": -29.089648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.420183, "energy": 59.017391, "activity_lines": [ 22.398984, 22.943536, 24.28675, 25.164092 ] }, { "date": "2024-11-01", "close": 22.264631, "volume": 14182, "typical_volume": 38994.5, "trend": 26.102266, "fair_value": 35.481914, "relative_strength": -26.395178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.306217, "energy": 53.248902, "activity_lines": [ 22.354842, 22.704018, 24.009684, 24.904964 ] }, { "date": "2024-11-08", "close": 19.216023, "volume": 9830, "typical_volume": 36498.95, "trend": 25.801182, "fair_value": 35.417028, "relative_strength": -38.339686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.853198, "energy": 80.777947, "activity_lines": [ 21.273372, 21.960838, 23.470797, 24.460691 ] }, { "date": "2024-11-15", "close": 19.47957, "volume": 21725, "typical_volume": 36279.25, "trend": 25.424997, "fair_value": 35.357042, "relative_strength": -35.275983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.884238, "energy": 89.766066, "activity_lines": [ 20.505335, 21.376286, 22.993081, 24.052845 ] }, { "date": "2024-11-22", "close": 18.674006, "volume": 30110, "typical_volume": 37249.7, "trend": 25.093155, "fair_value": 35.281177, "relative_strength": -38.096212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.019216, "energy": 92.366501, "activity_lines": [ 19.702482, 20.774204, 22.473638, 23.617297 ] }, { "date": "2024-11-29", "close": 18.036121, "volume": 5741, "typical_volume": 37058.8, "trend": 24.763441, "fair_value": 35.191041, "relative_strength": -40.080177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.496876, "energy": 93.359943, "activity_lines": [ 18.934134, 20.151792, 21.923004, 23.162004 ] }, { "date": "2024-12-06", "close": 16.449241, "volume": 27360, "typical_volume": 37132.3, "trend": 24.380868, "fair_value": 35.100685, "relative_strength": -45.028203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.676899, "energy": 95.543302, "activity_lines": [ 17.905858, 19.330642, 21.25155, 22.625604 ] }, { "date": "2024-12-13", "close": 16.073783, "volume": 43087, "typical_volume": 37503.95, "trend": 23.989366, "fair_value": 34.99853, "relative_strength": -45.271546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.148477, "energy": 95.058451, "activity_lines": [ 17.140122, 18.5412, 20.586993, 22.089663 ] }, { "date": "2024-12-20", "close": 16.908071, "volume": 40998, "typical_volume": 37864.3, "trend": 23.589653, "fair_value": 34.91159, "relative_strength": -40.657898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.37048, "energy": 87.763754, "activity_lines": [ 16.861964, 18.022102, 20.053196, 21.632806 ] }, { "date": "2024-12-27", "close": 16.779919, "volume": 5536, "typical_volume": 32035.5, "trend": 23.187005, "fair_value": 34.825406, "relative_strength": -40.767844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.893418, "energy": 81.445125, "activity_lines": [ 16.712522, 17.590195, 19.563255, 21.193468 ] }, { "date": "2025-01-03", "close": 17.338027, "volume": 97189, "typical_volume": 30282.35, "trend": 22.823194, "fair_value": 34.732413, "relative_strength": -37.607844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.85789, "energy": 65.547327, "activity_lines": [ 16.875389, 17.361601, 19.185602, 20.816115 ] }, { "date": "2025-01-10", "close": 18.143483, "volume": 36807, "typical_volume": 26144.1, "trend": 22.486164, "fair_value": 34.635752, "relative_strength": -32.57564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.043319, "energy": 59.512316, "activity_lines": [ 17.35328, 17.365518, 18.927652, 20.514198 ] }, { "date": "2025-01-17", "close": 16.84677, "volume": 66598, "typical_volume": 28283.35, "trend": 22.15469, "fair_value": 34.493988, "relative_strength": -38.357059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.710647, "energy": 51.323973, "activity_lines": [ 17.285985, 17.208599, 18.57909, 20.150366 ] }, { "date": "2025-01-24", "close": 16.744584, "volume": 42308, "typical_volume": 29635.35, "trend": 21.818575, "fair_value": 34.355067, "relative_strength": -38.886632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.218288, "energy": 50.351283, "activity_lines": [ 17.133095, 17.076178, 18.261074, 19.801327 ] }, { "date": "2025-01-31", "close": 16.468204, "volume": 18367, "typical_volume": 29353.1, "trend": 21.538124, "fair_value": 34.233921, "relative_strength": -38.490669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.62288, "energy": 54.836399, "activity_lines": [ 16.898977, 16.943233, 17.963529, 19.456142 ] }, { "date": "2025-02-07", "close": 17.459505, "volume": 56241, "typical_volume": 30859.95, "trend": 21.30673, "fair_value": 34.117675, "relative_strength": -33.931029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.803503, "energy": 53.836057, "activity_lines": [ 17.016074, 17.03063, 17.795948, 19.193005 ] }, { "date": "2025-02-14", "close": 17.23565, "volume": 57144, "typical_volume": 32862.9, "trend": 21.034353, "fair_value": 33.996193, "relative_strength": -34.95192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.206523, "energy": 46.719994, "activity_lines": [ 17.050455, 17.087811, 17.633309, 18.930355 ] }, { "date": "2025-02-21", "close": 18.603989, "volume": 86178, "typical_volume": 35525.2, "trend": 20.759565, "fair_value": 33.880887, "relative_strength": -27.92942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.921021, "energy": 29.190562, "activity_lines": [ 17.60147, 17.379482, 17.623426, 18.773557 ] }, { "date": "2025-02-28", "close": 19.100213, "volume": 177273, "typical_volume": 43313.95, "trend": 20.44021, "fair_value": 33.753484, "relative_strength": -24.656838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.982173, "energy": 16.036971, "activity_lines": [ 18.200746, 17.715371, 17.679831, 18.666502 ] }, { "date": "2025-03-07", "close": 21.067535, "volume": 352741, "typical_volume": 60654.6, "trend": 20.169188, "fair_value": 33.630073, "relative_strength": -13.58832, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 18.231168, "energy": 28.79714, "activity_lines": [ 19.298753, 18.369099, 17.942099, 18.706975 ] }, { "date": "2025-03-14", "close": 22.843855, "volume": 527708, "typical_volume": 85856.15, "trend": 20.051767, "fair_value": 33.55586, "relative_strength": -3.472174, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.216839, "energy": 49.701688, "activity_lines": [ 20.682245, 19.267837, 18.379795, 18.879534 ] }, { "date": "2025-03-21", "close": 22.824754, "volume": 266781, "typical_volume": 98486.1, "trend": 19.977613, "fair_value": 33.479385, "relative_strength": -3.566706, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.761873, "energy": 71.006068, "activity_lines": [ 21.700414, 20.062996, 18.811994, 19.058436 ] }, { "date": "2025-03-28", "close": 22.556265, "volume": 318939, "typical_volume": 113941.55, "trend": 19.885987, "fair_value": 33.402838, "relative_strength": -2.832731, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.626277, "energy": 69.285668, "activity_lines": [ 22.256479, 20.724225, 19.215956, 19.224801 ] }, { "date": "2025-04-04", "close": 25.737523, "volume": 701133, "typical_volume": 147911.95, "trend": 19.858202, "fair_value": 33.338626, "relative_strength": 22.096634, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.848256, "energy": 81.281611, "activity_lines": [ 23.609479, 21.860055, 19.906989, 19.602319 ] }, { "date": "2025-04-11", "close": 22.920385, "volume": 721119, "typical_volume": 182462.4, "trend": 19.824393, "fair_value": 33.256544, "relative_strength": 3.51979, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.830085, "energy": 52.289907, "activity_lines": [ 23.580945, 22.320171, 20.299924, 19.799879 ] }, { "date": "2025-04-18", "close": 23.974416, "volume": 269102, "typical_volume": 195630.45, "trend": 19.857727, "fair_value": 33.161684, "relative_strength": 10.721483, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.984593, "energy": 54.444301, "activity_lines": [ 23.780232, 22.854616, 20.773021, 20.067623 ] }, { "date": "2025-04-25", "close": 20.927308, "volume": 647175, "typical_volume": 226621.2, "trend": 19.823713, "fair_value": 33.013596, "relative_strength": -6.774149, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.191334, "energy": 41.4455, "activity_lines": [ 22.888445, 22.716588, 20.92764, 20.136628 ] }, { "date": "2025-05-02", "close": 20.217083, "volume": 244037, "typical_volume": 236668.7, "trend": 19.744289, "fair_value": 32.841506, "relative_strength": -11.681201, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.846625, "energy": 21.719368, "activity_lines": [ 21.886413, 22.382308, 20.993294, 20.162007 ] }, { "date": "2025-05-09", "close": 20.026591, "volume": 179909, "typical_volume": 243614.25, "trend": 19.64567, "fair_value": 32.659453, "relative_strength": -11.344116, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.965389, "energy": 20.446961, "activity_lines": [ 20.976829, 21.984064, 21.021077, 20.18022 ] }, { "date": "2025-05-16", "close": 17.208878, "volume": 252585, "typical_volume": 255966.7, "trend": 19.473266, "fair_value": 32.422137, "relative_strength": -26.793362, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.915295, "energy": 18.931747, "activity_lines": [ 19.508736, 21.056665, 20.765655, 20.023008 ] }, { "date": "2025-05-23", "close": 18.416798, "volume": 332574, "typical_volume": 267735.95, "trend": 19.351439, "fair_value": 32.242405, "relative_strength": -18.685472, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.016555, "energy": 26.170768, "activity_lines": [ 18.82405, 20.419046, 20.623231, 19.954848 ] }, { "date": "2025-05-30", "close": 17.765407, "volume": 135141, "typical_volume": 272652.65, "trend": 19.201465, "fair_value": 32.063946, "relative_strength": -21.959704, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.234936, "energy": 29.797383, "activity_lines": [ 18.292742, 19.743483, 20.413633, 19.852524 ] }, { "date": "2025-06-06", "close": 18.084107, "volume": 75243, "typical_volume": 273084.9, "trend": 19.163735, "fair_value": 31.849347, "relative_strength": -20.93148, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.489382, "energy": 35.7289, "activity_lines": [ 18.07846, 19.217854, 20.236187, 19.780436 ] }, { "date": "2025-06-13", "close": 18.240775, "volume": 67278, "typical_volume": 274333.4, "trend": 19.122442, "fair_value": 31.603968, "relative_strength": -19.056927, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.513941, "energy": 34.272156, "activity_lines": [ 18.0586, 18.802023, 20.06777, 19.72089 ] }, { "date": "2025-06-20", "close": 18.407216, "volume": 75658, "typical_volume": 277197.95, "trend": 19.113549, "fair_value": 31.401459, "relative_strength": -17.396471, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.88737, "energy": 22.821999, "activity_lines": [ 18.213274, 18.552758, 19.90808, 19.674747 ] }, { "date": "2025-06-27", "close": 17.037606, "volume": 54574, "typical_volume": 277114.6, "trend": 19.080265, "fair_value": 31.170771, "relative_strength": -25.256758, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.160747, "energy": 24.054582, "activity_lines": [ 17.831523, 18.13653, 19.608718, 19.540815 ] }, { "date": "2025-07-04", "close": 16.604285, "volume": 37314, "typical_volume": 276123.1, "trend": 19.085433, "fair_value": 30.956048, "relative_strength": -27.664702, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.314156, "energy": 37.192841, "activity_lines": [ 17.397277, 17.76764, 19.270095, 19.381074 ] }, { "date": "2025-07-11", "close": 16.621287, "volume": 33829, "typical_volume": 273505.65, "trend": 19.103683, "fair_value": 30.743506, "relative_strength": -26.720505, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.019115, "energy": 54.695024, "activity_lines": [ 17.046107, 17.480443, 18.936099, 19.222097 ] }, { "date": "2025-07-18", "close": 16.527044, "volume": 28152, "typical_volume": 266049.6, "trend": 19.090982, "fair_value": 30.56089, "relative_strength": -26.801604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.997457, "energy": 72.231497, "activity_lines": [ 16.761043, 17.241488, 18.602569, 19.055862 ] }, { "date": "2025-07-25", "close": 16.138027, "volume": 30320, "typical_volume": 249928.55, "trend": 19.069586, "fair_value": 30.393176, "relative_strength": -28.654655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.520858, "energy": 81.160556, "activity_lines": [ 16.460557, 16.995431, 18.244242, 18.865349 ] }, { "date": "2025-08-01", "close": 17.4753, "volume": 35946, "typical_volume": 225340.45, "trend": 19.074161, "fair_value": 30.247647, "relative_strength": -19.683804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.347715, "energy": 70.878477, "activity_lines": [ 16.757107, 17.011985, 18.036749, 18.762492 ] }, { "date": "2025-08-08", "close": 16.309218, "volume": 127321, "typical_volume": 218367.45, "trend": 19.013019, "fair_value": 30.111948, "relative_strength": -25.641434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.827082, "energy": 65.312735, "activity_lines": [ 16.635783, 16.833641, 17.743764, 18.584109 ] }, { "date": "2025-08-15", "close": 15.587339, "volume": 48809, "typical_volume": 204860.95, "trend": 18.971038, "fair_value": 29.965536, "relative_strength": -28.670408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.147461, "energy": 75.4276, "activity_lines": [ 16.293504, 16.550524, 17.413056, 18.363097 ] }, { "date": "2025-08-22", "close": 15.038206, "volume": 63030, "typical_volume": 172955.8, "trend": 18.914159, "fair_value": 29.791089, "relative_strength": -30.524674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.952018, "energy": 74.538339, "activity_lines": [ 15.837111, 16.212959, 17.063235, 18.109366 ] }, { "date": "2025-08-29", "close": 15.256032, "volume": 9460, "typical_volume": 137372.85, "trend": 18.873753, "fair_value": 29.606897, "relative_strength": -28.597532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.511959, "energy": 85.435748, "activity_lines": [ 15.552582, 15.973228, 16.785108, 17.873358 ] }, { "date": "2025-09-05", "close": 14.823391, "volume": 15654, "typical_volume": 124700.45, "trend": 18.785883, "fair_value": 29.443421, "relative_strength": -29.760951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.601289, "energy": 88.09384, "activity_lines": [ 15.18264, 15.71213, 16.502274, 17.612044 ] }, { "date": "2025-09-12", "close": 14.381325, "volume": 24889, "typical_volume": 93586.15, "trend": 18.690739, "fair_value": 29.251801, "relative_strength": -32.058673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.762298, "energy": 89.104808, "activity_lines": [ 14.842136, 15.410914, 16.220915, 17.327879 ] }, { "date": "2025-09-19", "close": 14.085869, "volume": 23672, "typical_volume": 82567.9, "trend": 18.540135, "fair_value": 29.015723, "relative_strength": -33.486193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.624717, "energy": 87.292918, "activity_lines": [ 14.531673, 15.096396, 15.942589, 17.030791 ] }, { "date": "2025-09-26", "close": 14.239437, "volume": 71386, "typical_volume": 77141.75, "trend": 18.378109, "fair_value": 28.775103, "relative_strength": -31.857274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.302516, "energy": 81.824942, "activity_lines": [ 14.372497, 14.855898, 15.708084, 16.753326 ] }, { "date": "2025-10-03", "close": 14.48446, "volume": 60148, "typical_volume": 67519.9, "trend": 18.158673, "fair_value": 28.549297, "relative_strength": -30.678521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.925067, "energy": 67.290169, "activity_lines": [ 14.348246, 14.701543, 15.524473, 16.502123 ] }, { "date": "2025-10-10", "close": 15.626258, "volume": 90910, "typical_volume": 55436.7, "trend": 17.918086, "fair_value": 28.315004, "relative_strength": -22.586972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.325369, "energy": 53.95463, "activity_lines": [ 14.756034, 14.784852, 15.462578, 16.338741 ] }, { "date": "2025-10-17", "close": 14.885667, "volume": 78338, "typical_volume": 52596.55, "trend": 17.65345, "fair_value": 28.116323, "relative_strength": -26.773346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.248699, "energy": 40.752183, "activity_lines": [ 14.863433, 14.767127, 15.343439, 16.143101 ] }, { "date": "2025-10-24", "close": 14.486038, "volume": 55064, "typical_volume": 51587.6, "trend": 17.384443, "fair_value": 27.920498, "relative_strength": -29.328835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.583093, "energy": 37.56075, "activity_lines": [ 14.803999, 14.702625, 15.199952, 15.938752 ] }, { "date": "2025-10-31", "close": 14.202561, "volume": 71997, "typical_volume": 51823.55, "trend": 16.999944, "fair_value": 27.688393, "relative_strength": -30.375887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.02763, "energy": 39.799673, "activity_lines": [ 14.623396, 14.606606, 15.046602, 15.73347 ] }, { "date": "2025-11-07", "close": 14.687775, "volume": 211943, "typical_volume": 58637.8, "trend": 16.725523, "fair_value": 27.502778, "relative_strength": -26.303824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.090062, "energy": 41.438141, "activity_lines": [ 14.606988, 14.614, 14.958692, 15.584297 ] }, { "date": "2025-11-14", "close": 15.316947, "volume": 63293, "typical_volume": 59073.75, "trend": 16.436941, "fair_value": 27.31409, "relative_strength": -22.713189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.901433, "energy": 30.850931, "activity_lines": [ 14.786751, 14.746122, 14.948415, 15.493422 ] }, { "date": "2025-11-21", "close": 15.993053, "volume": 114041, "typical_volume": 62910.1, "trend": 16.272466, "fair_value": 27.139167, "relative_strength": -17.319357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.093166, "energy": 11.005018, "activity_lines": [ 15.212503, 14.992198, 15.010723, 15.464784 ] }, { "date": "2025-11-28", "close": 14.576258, "volume": 45668, "typical_volume": 63502.05, "trend": 16.084439, "fair_value": 26.960988, "relative_strength": -26.900585, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.093589, "energy": 16.515008, "activity_lines": [ 15.092164, 14.951371, 14.941008, 15.355351 ] }, { "date": "2025-12-05", "close": 14.238944, "volume": 47231, "typical_volume": 64456.0, "trend": 15.891517, "fair_value": 26.759147, "relative_strength": -28.519618, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.828964, "energy": 20.04639, "activity_lines": [ 14.853372, 14.840298, 14.848907, 15.236287 ] }, { "date": "2025-12-12", "close": 13.991456, "volume": 52524, "typical_volume": 65566.2, "trend": 15.78427, "fair_value": 26.541111, "relative_strength": -29.056461, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.952182, "energy": 32.981742, "activity_lines": [ 14.529659, 14.684236, 14.744131, 15.113702 ] }, { "date": "2025-12-19", "close": 13.747419, "volume": 61245, "typical_volume": 66831.15, "trend": 15.628624, "fair_value": 26.315758, "relative_strength": -29.972357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.011304, "energy": 57.282111, "activity_lines": [ 14.171021, 14.492768, 14.626335, 14.982292 ] }, { "date": "2025-12-26", "close": 13.694113, "volume": 28398, "typical_volume": 61885.0, "trend": 15.492914, "fair_value": 26.085687, "relative_strength": -30.82516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.941097, "energy": 65.746866, "activity_lines": [ 13.89925, 14.325768, 14.521214, 14.857485 ] }, { "date": "2026-01-02", "close": 14.587086, "volume": 43062, "typical_volume": 61597.65, "trend": 15.376346, "fair_value": 25.885709, "relative_strength": -25.128512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.854007, "energy": 52.936575, "activity_lines": [ 14.0784, 14.342792, 14.513591, 14.799045 ] }, { "date": "2026-01-09", "close": 13.176237, "volume": 27564, "typical_volume": 59824.35, "trend": 15.207528, "fair_value": 25.704095, "relative_strength": -32.85995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.647832, "energy": 59.285266, "activity_lines": [ 13.786544, 14.10146, 14.376364, 14.657102 ] }, { "date": "2026-01-16", "close": 13.659814, "volume": 24156, "typical_volume": 60559.15, "trend": 15.049282, "fair_value": 25.521908, "relative_strength": -29.734105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.581667, "energy": 43.714322, "activity_lines": [ 13.726728, 13.966712, 14.294059, 14.55725 ] }, { "date": "2026-01-23", "close": 13.470372, "volume": 41439, "typical_volume": 61848.4, "trend": 14.930374, "fair_value": 25.355236, "relative_strength": -30.066178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.150596, "energy": 39.886551, "activity_lines": [ 13.625874, 13.81621, 14.201313, 14.455384 ] }, { "date": "2026-01-30", "close": 13.89911, "volume": 13654, "typical_volume": 61286.65, "trend": 14.840201, "fair_value": 25.200901, "relative_strength": -27.748274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.170993, "energy": 38.914472, "activity_lines": [ 13.686403, 13.777234, 14.155842, 14.388851 ] }, { "date": "2026-02-06", "close": 14.686793, "volume": 165303, "typical_volume": 68368.2, "trend": 14.775718, "fair_value": 25.035816, "relative_strength": -23.071465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.53916, "energy": 17.265569, "activity_lines": [ 13.995826, 13.919546, 14.187685, 14.378954 ] }, { "date": "2026-02-13", "close": 15.191907, "volume": 87982, "typical_volume": 69198.0, "trend": 14.731214, "fair_value": 24.880307, "relative_strength": -19.034631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.596665, "energy": 11.890981, "activity_lines": [ 14.466973, 14.151686, 14.264772, 14.405805 ] }, { "date": "2026-02-20", "close": 14.866265, "volume": 127505, "typical_volume": 72565.85, "trend": 14.688822, "fair_value": 24.700812, "relative_strength": -21.11201, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.834119, "energy": 20.123597, "activity_lines": [ 14.695195, 14.307292, 14.306311, 14.414518 ] }, { "date": "2026-02-27", "close": 15.015825, "volume": 90334, "typical_volume": 72537.05, "trend": 14.606839, "fair_value": 24.527875, "relative_strength": -19.315224, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.747196, "energy": 27.103841, "activity_lines": [ 14.89284, 14.474186, 14.360275, 14.435615 ] }, { "date": "2026-03-06", "close": 15.629021, "volume": 106496, "typical_volume": 73944.95, "trend": 14.584166, "fair_value": 24.332101, "relative_strength": -13.476227, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.337028, "energy": 44.86258, "activity_lines": [ 15.191854, 14.729507, 14.475545, 14.501562 ] }, { "date": "2026-03-13", "close": 16.660985, "volume": 239084, "typical_volume": 83145.95, "trend": 14.619954, "fair_value": 24.153949, "relative_strength": -5.279339, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.700373, "energy": 73.708659, "activity_lines": [ 15.719528, 15.137279, 14.685558, 14.63555 ] }, { "date": "2026-03-20", "close": 17.622357, "volume": 217988, "typical_volume": 90445.5, "trend": 14.706093, "fair_value": 23.984016, "relative_strength": 3.047079, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.847733, "energy": 83.001319, "activity_lines": [ 16.436047, 15.682138, 14.976773, 14.829254 ] }, { "date": "2026-03-27", "close": 18.13, "volume": 236674, "typical_volume": 91682.05, "trend": 14.801891, "fair_value": 23.847485, "relative_strength": 9.431514, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.054986, "energy": 85.869768, "activity_lines": [ 17.15975, 16.238457, 15.300051, 15.050151 ] }, { "date": "2026-04-03", "close": 17.3049, "volume": 193576, "typical_volume": 98196.2, "trend": 14.884608, "fair_value": 23.689387, "relative_strength": 2.892346, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.995368, "energy": 78.829771, "activity_lines": [ 17.390837, 16.563481, 15.528355, 15.211635 ] }, { "date": "2026-04-10", "close": 15.85, "volume": 145791, "typical_volume": 99783.7, "trend": 14.933564, "fair_value": 23.528752, "relative_strength": -7.644259, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.041204, "energy": 58.914672, "activity_lines": [ 16.984353, 16.55426, 15.608632, 15.273919 ] }, { "date": "2026-04-17", "close": 13.8973, "volume": 94415, "typical_volume": 102221.05, "trend": 14.927279, "fair_value": 23.357206, "relative_strength": -20.925649, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.86201, "energy": 17.09763, "activity_lines": [ 15.912237, 16.154532, 15.503618, 15.207063 ] }, { "date": "2026-04-24", "close": 14.251069, "volume": 73880, "typical_volume": 103553.5, "trend": 14.927666, "fair_value": 23.18939, "relative_strength": -18.169243, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.944892, "energy": 18.180822, "activity_lines": [ 15.14229, 15.83348, 15.43553, 15.163437 ] }, { "date": "2026-05-01", "close": 14.275447, "volume": 112259, "typical_volume": 106540.25, "trend": 14.920699, "fair_value": 23.0196, "relative_strength": -17.737245, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -9.02179, "energy": 25.329905, "activity_lines": [ 14.605221, 15.533966, 15.369706, 15.121358 ] }, { "date": "2026-05-08", "close": 13.872972, "volume": 70313, "typical_volume": 106993.65, "trend": 14.862256, "fair_value": 22.849447, "relative_strength": -20.815251, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.05121, "energy": 35.407974, "activity_lines": [ 14.190964, 15.172017, 15.264198, 15.053763 ] }, { "date": "2026-05-15", "close": 14.828676, "volume": 68004, "typical_volume": 108973.95, "trend": 14.860357, "fair_value": 22.697843, "relative_strength": -14.901611, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.424528, "energy": 28.829731, "activity_lines": [ 14.32407, 15.004612, 15.249113, 15.051596 ] }, { "date": "2026-05-22", "close": 14.111476, "volume": 105441, "typical_volume": 112092.9, "trend": 14.847871, "fair_value": 22.542466, "relative_strength": -18.843523, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.965641, "energy": 31.11931, "activity_lines": [ 14.286198, 14.721359, 15.160319, 15.003281 ] }, { "date": "2026-05-29", "close": 13.75372, "volume": 35137, "typical_volume": 112471.55, "trend": 14.83291, "fair_value": 22.400499, "relative_strength": -21.235096, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.883057, "energy": 27.067309, "activity_lines": [ 14.114795, 14.419413, 15.039719, 14.932691 ] }, { "date": "2026-06-05", "close": 15.201239, "volume": 81807, "typical_volume": 115354.1, "trend": 14.850025, "fair_value": 22.279387, "relative_strength": -9.967064, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -0.84727, "energy": 7.968282, "activity_lines": [ 14.459055, 14.450992, 15.054227, 14.956454 ] }, { "date": "2026-06-12", "close": 14.774814, "volume": 138564, "typical_volume": 120210.35, "trend": 14.831954, "fair_value": 22.168964, "relative_strength": -12.177678, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.739551, "energy": 6.963762, "activity_lines": [ 14.599454, 14.458289, 15.020783, 14.951602 ] }, { "date": "2026-06-19", "close": 14.586098, "volume": 65916, "typical_volume": 122823.45, "trend": 14.785056, "fair_value": 22.056208, "relative_strength": -13.233082, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.044508, "energy": 4.886991, "activity_lines": [ 14.616825, 14.477276, 14.963155, 14.93574 ] }, { "date": "2026-06-26", "close": 15.1262, "volume": 93602, "typical_volume": 119238.4, "trend": 14.803387, "fair_value": 21.957441, "relative_strength": -7.253807, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.344875, "energy": 8.131029, "activity_lines": [ 14.830402, 14.617443, 14.953694, 14.957749 ] }, { "date": "2026-07-03", "close": 14.5117, "volume": 36350, "typical_volume": 116656.8, "trend": 14.812479, "fair_value": 21.853185, "relative_strength": -12.353434, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.408504, "energy": 5.619499, "activity_lines": [ 14.771497, 14.623539, 14.883616, 14.938931 ] }, { "date": "2026-07-10", "close": 14.4882, "volume": 34764, "typical_volume": 112019.75, "trend": 14.829037, "fair_value": 21.760637, "relative_strength": -13.091007, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.404687, "energy": 4.680643, "activity_lines": [ 14.654227, 14.620624, 14.81454, 14.91801 ] }, { "date": "2026-07-17", "close": 14.9732, "volume": 40700, "typical_volume": 109538.05, "trend": 14.869897, "fair_value": 21.663197, "relative_strength": -8.254857, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.690609, "energy": 3.559402, "activity_lines": [ 14.74616, 14.702022, 14.793454, 14.92731 ] }, { "date": "2026-07-24", "close": 16.6083, "volume": 73069, "typical_volume": 107866.7, "trend": 14.967036, "fair_value": 21.57998, "relative_strength": 2.646101, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.452438, "energy": 30.581104, "activity_lines": [ 15.3699, 15.060707, 14.928295, 15.039465 ] }, { "date": "2026-07-31", "close": 14.74, "volume": 152298, "typical_volume": 103527.4, "trend": 14.972133, "fair_value": 21.481906, "relative_strength": -9.195749, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.966009, "energy": 15.322669, "activity_lines": [ 15.23606, 15.047344, 14.88054, 15.024818 ] }, { "date": "2026-08-07", "close": 13.7707, "volume": 72965, "typical_volume": 96276.25, "trend": 14.991949, "fair_value": 21.373024, "relative_strength": -17.455121, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.691365, "energy": 20.048782, "activity_lines": [ 14.804867, 14.846317, 14.749618, 14.947306 ] } ], "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." } } }