{ "ticker": { "uuid": "ffe8487c-e626-4996-ba3b-a2ed1009a3b2", "symbol": "3346", "name": "Laster Tech Co., Ltd.", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-21", "benchmark": "^TWII", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -11.983, "architecture_energy": 18.906, "architecture_maturity": 19.94, "architecture_confidence": 52.736, "architecture_tenure": "New", "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": 57.89, "rotation_up": 15.02, "upward_expansion": 14.08, "deceleration": 70.44, "rotation_down": 54.86, "downward_expansion": 39.08 }, "activity_lines": [ 20.36, 21.463637, 21.680953, 21.114086 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 20.5, "trend_reference": 20.74, "distance_from_trend": -0.011572, "trend_direction": "Improving", "fair_value": 31.32243, "distance_from_fair_value": -0.345517, "fair_value_direction": "Improving", "relative_strength": -28.352935, "relative_strength_direction": "Improving", "price_momentum": -0.012048, "excess_performance": -0.35778, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.011572, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.054219, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.345517, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.159526, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.283529, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.211797, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.012048, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 6.560643, "read": "Demand-led" } ], "volume": { "latest": 1184010, "relative_activity": 0.26488, "balance": 6.560643, "dry_up": 0.366438, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.169231, "annualized_volatility": 0.759859, "from_high_reference": -0.33657, "from_low_reference": 0.348684 }, "levels": { "trend_reference": 20.74, "fair_value_reference": 31.32243, "structural_low": 15.2, "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": 18, "median_return": -0.046416, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.055493, "regime_survival": 0.5, "best_return": 0.080169, "worst_return": -0.115026, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.073061, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.086627, "regime_survival": 0.25, "best_return": 0.341709, "worst_return": -0.239378, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.136597, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.159505, "regime_survival": 0.2, "best_return": 0.245382, "worst_return": -0.269182, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.290753, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.359701, "regime_survival": 0.5, "best_return": 0.313932, "worst_return": -0.450808, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-10", "end": "2023-12-29", "tenure": "Developing", "return": 0.150655, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-05", "end": "2024-01-12", "tenure": "New", "return": -0.031372, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-19", "end": "2024-04-19", "tenure": "Established", "return": -0.122917, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-26", "end": "2024-09-20", "tenure": "Established", "return": -0.051364, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": -0.002625, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-11", "end": "2024-10-18", "tenure": "New", "return": -0.005195, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-12-20", "tenure": "Developing", "return": -0.115723, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2026-01-30", "tenure": "Extended", "return": -0.334624, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.016746, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-04-03", "tenure": "Developing", "return": -0.085427, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-05-29", "tenure": "Developing", "return": 0.198324, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": -0.11236, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-07-31", "tenure": "Developing", "return": -0.205021, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-21", "tenure": "New", "return": -0.014423, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 42.206554, "volume": 5926560, "typical_volume": 14439892.35, "trend": 39.506486, "fair_value": 36.32759, "relative_strength": 8.448684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.782407, "energy": 23.965031, "activity_lines": [ 44.153149, 45.222371, 43.192846, 41.626742 ] }, { "date": "2023-08-25", "close": 41.069523, "volume": 3133376, "typical_volume": 14524946.45, "trend": 39.797566, "fair_value": 36.441115, "relative_strength": 4.760265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.857533, "energy": 24.554693, "activity_lines": [ 42.764456, 44.44919, 43.185699, 41.727583 ] }, { "date": "2023-09-01", "close": 42.843288, "volume": 6318667, "typical_volume": 14523733.45, "trend": 40.053777, "fair_value": 36.560663, "relative_strength": 8.075409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.280877, "energy": 22.813258, "activity_lines": [ 42.40667, 44.032417, 43.337519, 41.924081 ] }, { "date": "2023-09-08", "close": 44.611164, "volume": 8535059, "typical_volume": 14548703.0, "trend": 40.418946, "fair_value": 36.696609, "relative_strength": 12.880281, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.090054, "energy": 20.403193, "activity_lines": [ 43.032346, 43.948652, 43.634318, 42.218106 ] }, { "date": "2023-09-15", "close": 45.663528, "volume": 35378244, "typical_volume": 16150153.95, "trend": 40.791905, "fair_value": 36.838175, "relative_strength": 13.064783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.652319, "energy": 18.695996, "activity_lines": [ 43.975851, 44.058814, 43.985023, 42.556466 ] }, { "date": "2023-09-22", "close": 43.375782, "volume": 8461133, "typical_volume": 16502109.35, "trend": 41.073446, "fair_value": 36.920042, "relative_strength": 11.211305, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.756106, "energy": 18.837864, "activity_lines": [ 44.008174, 43.822478, 44.0663, 42.723168 ] }, { "date": "2023-09-29", "close": 43.696064, "volume": 5053872, "typical_volume": 16518401.3, "trend": 41.28986, "fair_value": 37.031264, "relative_strength": 11.9126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.629914, "energy": 19.668315, "activity_lines": [ 44.06931, 43.699193, 44.136994, 42.892369 ] }, { "date": "2023-10-06", "close": 46.670139, "volume": 10493834, "typical_volume": 16848965.9, "trend": 41.606927, "fair_value": 37.155921, "relative_strength": 17.985083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.952101, "energy": 28.005783, "activity_lines": [ 44.946701, 44.188799, 44.45157, 43.239484 ] }, { "date": "2023-10-13", "close": 48.225811, "volume": 19808947, "typical_volume": 17554226.15, "trend": 41.948561, "fair_value": 37.305468, "relative_strength": 19.572379, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.369366, "energy": 47.575339, "activity_lines": [ 46.087526, 44.999177, 44.86771, 43.666508 ] }, { "date": "2023-10-20", "close": 45.572018, "volume": 22479261, "typical_volume": 18420909.65, "trend": 42.121384, "fair_value": 37.432937, "relative_strength": 14.822728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.464108, "energy": 42.746955, "activity_lines": [ 46.102777, 45.252336, 44.97689, 43.90028 ] }, { "date": "2023-10-27", "close": 45.663528, "volume": 11342786, "typical_volume": 17362078.95, "trend": 42.34274, "fair_value": 37.549453, "relative_strength": 16.558481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.422744, "energy": 41.977038, "activity_lines": [ 46.154632, 45.483271, 45.060565, 44.128805 ] }, { "date": "2023-11-03", "close": 43.787571, "volume": 8149768, "typical_volume": 15365194.5, "trend": 42.503079, "fair_value": 37.626078, "relative_strength": 8.684464, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.306645, "energy": 23.728259, "activity_lines": [ 45.428652, 45.310268, 44.942186, 44.22202 ] }, { "date": "2023-11-10", "close": 41.911613, "volume": 8779082, "typical_volume": 15549459.35, "trend": 42.635756, "fair_value": 37.652961, "relative_strength": 2.635908, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.532544, "energy": 9.801738, "activity_lines": [ 44.071252, 44.746764, 44.641081, 44.183861 ] }, { "date": "2023-11-17", "close": 42.460678, "volume": 5625291, "typical_volume": 15146224.4, "trend": 42.888309, "fair_value": 37.7056, "relative_strength": 0.426795, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.434685, "energy": 12.699493, "activity_lines": [ 43.214109, 44.300028, 44.399737, 44.172566 ] }, { "date": "2023-11-24", "close": 42.506432, "volume": 4657187, "typical_volume": 13807804.95, "trend": 43.143904, "fair_value": 37.740236, "relative_strength": -0.291271, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.96114, "energy": 21.337183, "activity_lines": [ 42.756559, 43.900712, 44.173668, 44.147929 ] }, { "date": "2023-12-01", "close": 43.192757, "volume": 6200863, "typical_volume": 12364858.15, "trend": 43.425407, "fair_value": 37.791656, "relative_strength": 0.031629, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.594567, "energy": 28.262038, "activity_lines": [ 42.732156, 43.683583, 44.046188, 44.15108 ] }, { "date": "2023-12-08", "close": 43.741817, "volume": 7103784, "typical_volume": 11184612.75, "trend": 43.702473, "fair_value": 37.848004, "relative_strength": 1.377819, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.817625, "energy": 24.373108, "activity_lines": [ 43.055492, 43.569612, 43.986228, 44.171494 ] }, { "date": "2023-12-15", "close": 45.297489, "volume": 27947284, "typical_volume": 11619740.55, "trend": 43.982881, "fair_value": 37.896028, "relative_strength": 3.086811, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.049935, "energy": 2.826807, "activity_lines": [ 43.900435, 43.737658, 44.093106, 44.274398 ] }, { "date": "2023-12-22", "close": 48.59185, "volume": 57493085, "typical_volume": 13738116.3, "trend": 44.374617, "fair_value": 37.973051, "relative_strength": 10.771395, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.451225, "energy": 27.157159, "activity_lines": [ 45.617774, 44.529636, 44.530201, 44.571751 ] }, { "date": "2023-12-29", "close": 48.225811, "volume": 47854599, "typical_volume": 15537134.1, "trend": 44.702606, "fair_value": 38.047728, "relative_strength": 7.665822, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.784245, "energy": 46.170357, "activity_lines": [ 46.804354, 45.248406, 44.911125, 44.820215 ] }, { "date": "2024-01-05", "close": 46.670139, "volume": 11702402, "typical_volume": 15825926.2, "trend": 44.899905, "fair_value": 38.110462, "relative_strength": 6.277648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.751198, "energy": 49.917136, "activity_lines": [ 47.091086, 45.636076, 45.121074, 44.947153 ] }, { "date": "2024-01-12", "close": 45.205982, "volume": 18719454, "typical_volume": 16605230.1, "trend": 44.97563, "fair_value": 38.139323, "relative_strength": 2.726764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 24.931129, "energy": 38.103184, "activity_lines": [ 46.657939, 45.739233, 45.170325, 44.9669 ] }, { "date": "2024-01-19", "close": 43.924835, "volume": 8013454, "typical_volume": 16689969.45, "trend": 44.990457, "fair_value": 38.144771, "relative_strength": -1.379281, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.331188, "energy": 10.375882, "activity_lines": [ 45.700133, 45.583666, 45.077864, 44.899106 ] }, { "date": "2024-01-26", "close": 44.382389, "volume": 5144866, "typical_volume": 16520459.8, "trend": 44.978086, "fair_value": 38.154561, "relative_strength": -2.312434, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.648461, "energy": 6.425897, "activity_lines": [ 44.986355, 45.474686, 45.02383, 44.859876 ] }, { "date": "2024-02-02", "close": 44.107861, "volume": 3485018, "typical_volume": 14925798.5, "trend": 44.798897, "fair_value": 38.161465, "relative_strength": -3.404648, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.420161, "energy": 10.635687, "activity_lines": [ 44.461698, 45.280851, 44.944739, 44.803733 ] }, { "date": "2024-02-09", "close": 43.604553, "volume": 1330204, "typical_volume": 14569252.05, "trend": 44.706021, "fair_value": 38.183719, "relative_strength": -4.878704, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.630891, "energy": 15.247465, "activity_lines": [ 44.043802, 44.966389, 44.825123, 44.726678 ] }, { "date": "2024-02-16", "close": 45.572018, "volume": 3562804, "typical_volume": 14494698.65, "trend": 44.636278, "fair_value": 38.225059, "relative_strength": -3.480567, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.55905, "energy": 9.280992, "activity_lines": [ 44.4861, 45.002161, 44.891794, 44.782549 ] }, { "date": "2024-02-23", "close": 45.526264, "volume": 9556943, "typical_volume": 14447854.1, "trend": 44.528626, "fair_value": 38.248678, "relative_strength": -5.129702, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.067651, "energy": 11.98143, "activity_lines": [ 44.888744, 44.996338, 44.945175, 44.839967 ] }, { "date": "2024-03-01", "close": 47.127693, "volume": 9581476, "typical_volume": 13936480.55, "trend": 44.62899, "fair_value": 38.275207, "relative_strength": -2.112936, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.325366, "energy": 24.213905, "activity_lines": [ 45.718436, 45.277524, 45.15652, 45.007649 ] }, { "date": "2024-03-08", "close": 45.068714, "volume": 21809758, "typical_volume": 13903005.4, "trend": 44.683462, "fair_value": 38.299572, "relative_strength": -10.330043, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.037062, "energy": 22.334809, "activity_lines": [ 45.678782, 45.210971, 45.177001, 45.036019 ] }, { "date": "2024-03-15", "close": 43.970592, "volume": 8493500, "typical_volume": 13760541.1, "trend": 44.742263, "fair_value": 38.317463, "relative_strength": -11.908779, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.358135, "energy": 11.136528, "activity_lines": [ 45.209029, 45.002161, 45.095295, 44.990027 ] }, { "date": "2024-03-22", "close": 43.924835, "volume": 4674835, "typical_volume": 13586794.45, "trend": 44.83744, "fair_value": 38.324309, "relative_strength": -14.136904, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.269215, "energy": 6.992642, "activity_lines": [ 44.699622, 44.834115, 45.017294, 44.93729 ] }, { "date": "2024-03-29", "close": 43.650307, "volume": 7298115, "typical_volume": 13512746.1, "trend": 44.864341, "fair_value": 38.275357, "relative_strength": -14.751224, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.250424, "energy": 19.112911, "activity_lines": [ 44.208518, 44.639448, 44.912493, 44.8607 ] }, { "date": "2024-04-05", "close": 44.245121, "volume": 3901282, "typical_volume": 13426545.65, "trend": 44.85214, "fair_value": 38.208149, "relative_strength": -13.584709, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.670868, "energy": 24.110078, "activity_lines": [ 44.040749, 44.55792, 44.856061, 44.820751 ] }, { "date": "2024-04-12", "close": 43.513042, "volume": 8082438, "typical_volume": 13597808.2, "trend": 44.780457, "fair_value": 38.134551, "relative_strength": -16.469182, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.5219, "energy": 42.926201, "activity_lines": [ 43.821125, 44.345783, 44.721411, 44.734357 ] }, { "date": "2024-04-19", "close": 38.525742, "volume": 10253151, "typical_volume": 13800422.6, "trend": 44.618789, "fair_value": 38.029549, "relative_strength": -21.304185, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -83.849246, "energy": 71.375017, "activity_lines": [ 42.042779, 43.237679, 44.106986, 44.330827 ] }, { "date": "2024-04-26", "close": 38.068192, "volume": 3855609, "typical_volume": 13638013.85, "trend": 44.431193, "fair_value": 37.930667, "relative_strength": -24.332341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.006149, "energy": 81.32172, "activity_lines": [ 40.474907, 42.138727, 43.471209, 43.908208 ] }, { "date": "2024-05-03", "close": 38.66301, "volume": 2275294, "typical_volume": 12354414.35, "trend": 44.164289, "fair_value": 37.854837, "relative_strength": -23.75433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.815172, "energy": 82.040379, "activity_lines": [ 39.49575, 41.284356, 42.919098, 43.536067 ] }, { "date": "2024-05-10", "close": 39.806885, "volume": 6303442, "typical_volume": 9794932.2, "trend": 43.883658, "fair_value": 37.801053, "relative_strength": -22.71697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.345827, "energy": 77.739491, "activity_lines": [ 39.230371, 40.762748, 42.507521, 43.254944 ] }, { "date": "2024-05-17", "close": 38.159702, "volume": 5140882, "typical_volume": 7659246.35, "trend": 43.636581, "fair_value": 37.752553, "relative_strength": -27.558486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.470175, "energy": 77.745526, "activity_lines": [ 38.711814, 40.074759, 41.980902, 42.885657 ] }, { "date": "2024-05-24", "close": 38.068192, "volume": 5284795, "typical_volume": 7338366.0, "trend": 43.383403, "fair_value": 37.764296, "relative_strength": -28.501545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.304187, "energy": 61.510919, "activity_lines": [ 38.519642, 39.49575, 41.493502, 42.526406 ] }, { "date": "2024-05-31", "close": 37.839417, "volume": 3185469, "typical_volume": 6561666.75, "trend": 43.185131, "fair_value": 37.768065, "relative_strength": -27.329476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.567121, "energy": 53.832579, "activity_lines": [ 38.281716, 38.982461, 41.025275, 42.16873 ] }, { "date": "2024-06-07", "close": 38.846027, "volume": 2778338, "typical_volume": 6299910.95, "trend": 43.082945, "fair_value": 37.769516, "relative_strength": -27.370072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.038974, "energy": 51.756449, "activity_lines": [ 38.394578, 38.762837, 40.687995, 41.888787 ] }, { "date": "2024-06-14", "close": 39.074806, "volume": 2793758, "typical_volume": 6182355.55, "trend": 42.970082, "fair_value": 37.776395, "relative_strength": -28.621475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.071035, "energy": 46.878623, "activity_lines": [ 38.571498, 38.672159, 40.396688, 41.630198 ] }, { "date": "2024-06-21", "close": 39.029053, "volume": 2974217, "typical_volume": 6156815.5, "trend": 42.85417, "fair_value": 37.783263, "relative_strength": -30.534153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.80939, "energy": 38.393064, "activity_lines": [ 38.781973, 38.667169, 40.126298, 41.375938 ] }, { "date": "2024-06-28", "close": 38.296967, "volume": 2644274, "typical_volume": 6222519.0, "trend": 42.690977, "fair_value": 37.778649, "relative_strength": -30.640068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.838794, "energy": 36.010835, "activity_lines": [ 38.690462, 38.610599, 39.81037, 41.081925 ] }, { "date": "2024-07-05", "close": 39.715378, "volume": 4763202, "typical_volume": 6282538.9, "trend": 42.556762, "fair_value": 37.749175, "relative_strength": -28.940585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.340059, "energy": 27.789554, "activity_lines": [ 39.056504, 38.816081, 39.654804, 40.889951 ] }, { "date": "2024-07-12", "close": 40.721985, "volume": 14659887, "typical_volume": 6537686.1, "trend": 42.404245, "fair_value": 37.725588, "relative_strength": -27.661844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.502593, "energy": 18.665181, "activity_lines": [ 39.633017, 39.174634, 39.622993, 40.771578 ] }, { "date": "2024-07-19", "close": 38.708763, "volume": 6945922, "typical_volume": 6405908.4, "trend": 42.074809, "fair_value": 37.70013, "relative_strength": -27.432222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.505168, "energy": 22.411814, "activity_lines": [ 39.413392, 39.129711, 39.422324, 40.53316 ] }, { "date": "2024-07-26", "close": 36.604031, "volume": 2806200, "typical_volume": 5455730.5, "trend": 41.687417, "fair_value": 37.661746, "relative_strength": -28.363229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.972792, "energy": 36.942497, "activity_lines": [ 38.516592, 38.722075, 39.061295, 40.180206 ] }, { "date": "2024-08-02", "close": 35.414402, "volume": 3573539, "typical_volume": 5209732.45, "trend": 41.312225, "fair_value": 37.596214, "relative_strength": -28.566073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.49319, "energy": 55.353439, "activity_lines": [ 37.384918, 38.126427, 38.627276, 39.775496 ] }, { "date": "2024-08-09", "close": 33.950241, "volume": 4651476, "typical_volume": 5208564.5, "trend": 40.937034, "fair_value": 37.53035, "relative_strength": -30.375226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.541229, "energy": 77.504695, "activity_lines": [ 35.957361, 37.31282, 38.094557, 39.300529 ] }, { "date": "2024-08-16", "close": 34.77383, "volume": 2183108, "typical_volume": 4952814.15, "trend": 40.632, "fair_value": 37.479951, "relative_strength": -30.898108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.974665, "energy": 78.073726, "activity_lines": [ 35.188676, 36.719668, 37.687773, 38.902903 ] }, { "date": "2024-08-23", "close": 36.375256, "volume": 1822614, "typical_volume": 4848880.75, "trend": 40.365096, "fair_value": 37.471505, "relative_strength": -26.558494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.978442, "energy": 72.655229, "activity_lines": [ 35.350344, 36.491724, 37.475775, 38.628274 ] }, { "date": "2024-08-30", "close": 36.421009, "volume": 1434630, "typical_volume": 4516490.35, "trend": 40.108868, "fair_value": 37.481743, "relative_strength": -26.233965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.339889, "energy": 51.638555, "activity_lines": [ 35.68283, 36.321182, 37.305609, 38.373817 ] }, { "date": "2024-09-06", "close": 34.924931, "volume": 1894558, "typical_volume": 4098560.7, "trend": 39.819547, "fair_value": 37.47362, "relative_strength": -25.832365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.485912, "energy": 43.301439, "activity_lines": [ 35.528824, 35.926045, 37.026732, 38.039369 ] }, { "date": "2024-09-13", "close": 35.114998, "volume": 1474488, "typical_volume": 3979504.65, "trend": 39.470979, "fair_value": 37.467847, "relative_strength": -25.836348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.795456, "energy": 37.049148, "activity_lines": [ 35.470806, 35.626775, 36.783103, 37.73585 ] }, { "date": "2024-09-20", "close": 36.112854, "volume": 1317176, "typical_volume": 3931598.75, "trend": 39.157199, "fair_value": 37.477807, "relative_strength": -24.420732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.350457, "energy": 29.211562, "activity_lines": [ 35.667755, 35.592577, 36.64857, 37.519197 ] }, { "date": "2024-09-27", "close": 36.207886, "volume": 1601978, "typical_volume": 3696525.55, "trend": 38.793206, "fair_value": 37.48583, "relative_strength": -25.705193, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.634253, "energy": 26.942464, "activity_lines": [ 35.807114, 35.659459, 36.535232, 37.328919 ] }, { "date": "2024-10-04", "close": 36.112854, "volume": 656997, "typical_volume": 3472331.3, "trend": 38.494677, "fair_value": 37.49579, "relative_strength": -23.339815, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.067067, "energy": 22.278154, "activity_lines": [ 35.925954, 35.754534, 36.429981, 37.155993 ] }, { "date": "2024-10-11", "close": 36.588024, "volume": 3518965, "typical_volume": 3384039.8, "trend": 38.248591, "fair_value": 37.523792, "relative_strength": -23.47333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.243225, "energy": 16.092578, "activity_lines": [ 36.223727, 35.944933, 36.379732, 37.032983 ] }, { "date": "2024-10-18", "close": 36.397953, "volume": 1417140, "typical_volume": 3295623.35, "trend": 37.997695, "fair_value": 37.553404, "relative_strength": -24.923822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.135454, "energy": 14.929868, "activity_lines": [ 36.34727, 36.079436, 36.318429, 36.913587 ] }, { "date": "2024-10-25", "close": 37.775944, "volume": 2649287, "typical_volume": 3289170.8, "trend": 37.801883, "fair_value": 37.587888, "relative_strength": -20.722895, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.448902, "energy": 8.1111, "activity_lines": [ 36.844613, 36.419979, 36.395227, 36.89928 ] }, { "date": "2024-11-01", "close": 36.397953, "volume": 962299, "typical_volume": 3197597.85, "trend": 37.540311, "fair_value": 37.590306, "relative_strength": -20.922987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.523624, "energy": 10.78981, "activity_lines": [ 36.771753, 36.455394, 36.345884, 36.808704 ] }, { "date": "2024-11-08", "close": 36.63554, "volume": 1781593, "typical_volume": 3137966.65, "trend": 37.311061, "fair_value": 37.575218, "relative_strength": -22.314164, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.062198, "energy": 10.209242, "activity_lines": [ 36.765418, 36.533594, 36.331914, 36.750332 ] }, { "date": "2024-11-15", "close": 35.257549, "volume": 1914559, "typical_volume": 3101480.9, "trend": 37.202121, "fair_value": 37.551296, "relative_strength": -21.881633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.659034, "energy": 16.686767, "activity_lines": [ 36.264907, 36.357349, 36.198106, 36.617847 ] }, { "date": "2024-11-22", "close": 36.968159, "volume": 1432097, "typical_volume": 2934925.65, "trend": 37.165453, "fair_value": 37.543736, "relative_strength": -17.997955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.368952, "energy": 12.547674, "activity_lines": [ 36.423297, 36.486077, 36.241686, 36.602753 ] }, { "date": "2024-11-29", "close": 36.888237, "volume": 1504410, "typical_volume": 2277151.8, "trend": 37.106294, "fair_value": 37.53538, "relative_strength": -15.136424, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.524709, "energy": 10.060854, "activity_lines": [ 36.517033, 36.56658, 36.290736, 36.584868 ] }, { "date": "2024-12-06", "close": 36.445469, "volume": 1125557, "typical_volume": 1986133.55, "trend": 36.994247, "fair_value": 37.523617, "relative_strength": -18.763847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.490082, "energy": 11.847039, "activity_lines": [ 36.522361, 36.552481, 36.315874, 36.542234 ] }, { "date": "2024-12-13", "close": 34.687347, "volume": 1144204, "typical_volume": 1903033.75, "trend": 36.878502, "fair_value": 37.5003, "relative_strength": -21.275713, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.379699, "energy": 22.074205, "activity_lines": [ 35.938479, 36.214405, 36.184349, 36.393402 ] }, { "date": "2024-12-20", "close": 33.404392, "volume": 1263020, "typical_volume": 1787507.8, "trend": 36.723042, "fair_value": 37.453139, "relative_strength": -21.460964, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.133455, "energy": 53.8049, "activity_lines": [ 35.056826, 35.668982, 35.939766, 36.169266 ] }, { "date": "2024-12-27", "close": 33.214321, "volume": 1365955, "typical_volume": 1623231.75, "trend": 36.568872, "fair_value": 37.404759, "relative_strength": -23.492812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.37933, "energy": 65.958641, "activity_lines": [ 34.235359, 35.146885, 35.686651, 35.942897 ] }, { "date": "2025-01-03", "close": 32.311501, "volume": 865007, "typical_volume": 1557326.7, "trend": 36.351054, "fair_value": 37.35826, "relative_strength": -23.388696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.086577, "energy": 75.859772, "activity_lines": [ 33.363209, 34.518523, 35.351059, 35.668228 ] }, { "date": "2025-01-10", "close": 31.883848, "volume": 1486414, "typical_volume": 1540516.7, "trend": 36.111356, "fair_value": 37.312428, "relative_strength": -23.791006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.851573, "energy": 80.420892, "activity_lines": [ 32.653623, 33.91176, 34.986462, 35.380021 ] }, { "date": "2025-01-17", "close": 31.028545, "volume": 1503964, "typical_volume": 1543983.4, "trend": 35.844672, "fair_value": 37.271622, "relative_strength": -25.368879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.527821, "energy": 83.108805, "activity_lines": [ 31.963044, 33.231561, 34.561796, 35.052097 ] }, { "date": "2025-01-24", "close": 30.885992, "volume": 2084610, "typical_volume": 1553486.0, "trend": 35.59764, "fair_value": 37.233878, "relative_strength": -25.989211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.795371, "energy": 84.664735, "activity_lines": [ 31.468867, 32.62739, 34.149232, 34.732183 ] }, { "date": "2025-02-07", "close": 31.978884, "volume": 1655838, "typical_volume": 1562553.5, "trend": 35.339757, "fair_value": 37.206548, "relative_strength": -22.306645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.598762, "energy": 74.569544, "activity_lines": [ 31.506881, 32.301408, 33.859986, 34.498714 ] }, { "date": "2025-02-14", "close": 33.54694, "volume": 1822753, "typical_volume": 1587832.35, "trend": 35.100588, "fair_value": 37.194382, "relative_strength": -16.470386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.114675, "energy": 48.452504, "activity_lines": [ 32.149943, 32.351242, 33.735012, 34.383049 ] }, { "date": "2025-02-21", "close": 33.641975, "volume": 845868, "typical_volume": 1550026.85, "trend": 34.931696, "fair_value": 37.162661, "relative_strength": -17.327418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.772045, "energy": 33.53, "activity_lines": [ 32.742321, 32.479106, 33.631308, 34.288945 ] }, { "date": "2025-02-28", "close": 33.119286, "volume": 713575, "typical_volume": 1552855.75, "trend": 34.815537, "fair_value": 37.132985, "relative_strength": -15.296765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.870516, "energy": 24.477985, "activity_lines": [ 33.043261, 32.562908, 33.490043, 34.172015 ] }, { "date": "2025-03-07", "close": 32.263985, "volume": 932224, "typical_volume": 1423518.7, "trend": 34.710523, "fair_value": 37.11089, "relative_strength": -14.715695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.877261, "energy": 26.463122, "activity_lines": [ 32.919717, 32.519711, 33.281576, 34.007399 ] }, { "date": "2025-03-14", "close": 32.216469, "volume": 1324656, "typical_volume": 1418894.5, "trend": 34.652731, "fair_value": 37.086503, "relative_strength": -11.661766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.786919, "energy": 25.47659, "activity_lines": [ 32.688469, 32.48861, 33.089174, 33.846492 ] }, { "date": "2025-03-21", "close": 32.121433, "volume": 688618, "typical_volume": 1320861.05, "trend": 34.564318, "fair_value": 37.075708, "relative_strength": -12.076059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.352781, "energy": 35.715369, "activity_lines": [ 32.409703, 32.458372, 32.907632, 33.683183 ] }, { "date": "2025-03-28", "close": 29.935656, "volume": 1366084, "typical_volume": 1341050.3, "trend": 34.349664, "fair_value": 37.049503, "relative_strength": -14.978695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.091941, "energy": 61.798042, "activity_lines": [ 31.497378, 32.034175, 32.544848, 33.384559 ] }, { "date": "2025-04-04", "close": 28.700216, "volume": 1131650, "typical_volume": 1308553.15, "trend": 34.092305, "fair_value": 37.022265, "relative_strength": -16.530329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.28996, "energy": 83.389824, "activity_lines": [ 30.420328, 31.420775, 32.095176, 33.020079 ] }, { "date": "2025-04-11", "close": 23.520872, "volume": 3104242, "typical_volume": 1368037.3, "trend": 33.712169, "fair_value": 36.966993, "relative_strength": -24.522322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.561803, "energy": 95.886889, "activity_lines": [ 27.911435, 29.908009, 31.19002, 32.338051 ] }, { "date": "2025-04-18", "close": 26.942089, "volume": 3865429, "typical_volume": 1489703.9, "trend": 33.439739, "fair_value": 36.938242, "relative_strength": -12.197097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.407728, "energy": 86.362703, "activity_lines": [ 27.125822, 29.151194, 30.666583, 31.901271 ] }, { "date": "2025-04-25", "close": 26.419403, "volume": 3147886, "typical_volume": 1571877.7, "trend": 33.116624, "fair_value": 36.903846, "relative_strength": -15.307704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.455801, "energy": 84.90831, "activity_lines": [ 26.517605, 28.390924, 30.141109, 31.448346 ] }, { "date": "2025-05-02", "close": 27.607325, "volume": 1623606, "typical_volume": 1596780.15, "trend": 32.829939, "fair_value": 36.881082, "relative_strength": -14.806099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.337403, "energy": 66.340668, "activity_lines": [ 26.685498, 27.97623, 29.778623, 31.092908 ] }, { "date": "2025-05-09", "close": 27.179674, "volume": 1084145, "typical_volume": 1593777.2, "trend": 32.532166, "fair_value": 36.87796, "relative_strength": -16.012741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.319442, "energy": 53.110799, "activity_lines": [ 26.866062, 27.593503, 29.417494, 30.728375 ] }, { "date": "2025-05-16", "close": 26.276852, "volume": 1724064, "typical_volume": 1616829.4, "trend": 32.18846, "fair_value": 36.868478, "relative_strength": -21.553236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.104485, "energy": 51.885785, "activity_lines": [ 26.847055, 27.154619, 29.006134, 30.324806 ] }, { "date": "2025-05-23", "close": 25.706648, "volume": 666245, "typical_volume": 1581843.9, "trend": 31.832083, "fair_value": 36.869114, "relative_strength": -21.982287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.121029, "energy": 50.683322, "activity_lines": [ 26.454248, 26.720919, 28.574408, 29.906624 ] }, { "date": "2025-05-30", "close": 25.564098, "volume": 913570, "typical_volume": 1584272.05, "trend": 31.425022, "fair_value": 36.854489, "relative_strength": -20.737989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.256845, "energy": 50.677256, "activity_lines": [ 26.096287, 26.379661, 28.164858, 29.502238 ] }, { "date": "2025-06-06", "close": 25.374031, "volume": 912632, "typical_volume": 1555582.95, "trend": 31.057558, "fair_value": 36.825731, "relative_strength": -21.853088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.899802, "energy": 51.159934, "activity_lines": [ 25.731991, 26.12307, 27.769336, 29.111852 ] }, { "date": "2025-06-13", "close": 23.853491, "volume": 1288424, "typical_volume": 1544805.95, "trend": 30.63149, "fair_value": 36.784643, "relative_strength": -27.258265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.129009, "energy": 61.143028, "activity_lines": [ 25.009735, 25.672955, 27.26, 28.647073 ] }, { "date": "2025-06-20", "close": 23.045702, "volume": 630828, "typical_volume": 1472116.85, "trend": 30.224428, "fair_value": 36.746126, "relative_strength": -28.99988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.358083, "energy": 68.783908, "activity_lines": [ 24.239961, 25.164092, 26.707899, 28.157668 ] }, { "date": "2025-06-27", "close": 23.805973, "volume": 1028087, "typical_volume": 1440729.3, "trend": 29.785688, "fair_value": 36.724822, "relative_strength": -27.804656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.02787, "energy": 65.766674, "activity_lines": [ 23.93902, 24.8021, 26.265539, 27.743574 ] }, { "date": "2025-07-04", "close": 23.283287, "volume": 752497, "typical_volume": 1387216.5, "trend": 29.33219, "fair_value": 36.702463, "relative_strength": -28.69608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.150045, "energy": 67.2779, "activity_lines": [ 23.590563, 24.402094, 25.812318, 27.324064 ] }, { "date": "2025-07-11", "close": 22.285433, "volume": 917249, "typical_volume": 1390785.55, "trend": 28.860189, "fair_value": 36.682604, "relative_strength": -31.722017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.770853, "energy": 84.249627, "activity_lines": [ 23.061542, 23.87768, 25.312938, 26.869435 ] }, { "date": "2025-07-18", "close": 23.615906, "volume": 850691, "typical_volume": 1397641.35, "trend": 28.491141, "fair_value": 36.665247, "relative_strength": -28.941835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.954865, "energy": 78.618731, "activity_lines": [ 23.181918, 23.691933, 24.994348, 26.531094 ] }, { "date": "2025-07-25", "close": 23.093218, "volume": 912099, "typical_volume": 1396635.1, "trend": 28.147435, "fair_value": 36.639087, "relative_strength": -29.789811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.621432, "energy": 77.658007, "activity_lines": [ 23.143904, 23.475946, 24.671233, 26.182841 ] }, { "date": "2025-08-01", "close": 22.760602, "volume": 665203, "typical_volume": 1363662.45, "trend": 27.798978, "fair_value": 36.606777, "relative_strength": -30.357415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.08454, "energy": 74.242651, "activity_lines": [ 22.99185, 23.257369, 24.360111, 25.835303 ] }, { "date": "2025-08-08", "close": 22.903152, "volume": 757090, "typical_volume": 1367086.05, "trend": 27.485366, "fair_value": 36.570503, "relative_strength": -30.98317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.449039, "energy": 55.345186, "activity_lines": [ 22.957004, 23.118274, 24.107592, 25.519443 ] }, { "date": "2025-08-15", "close": 22.190399, "volume": 1936929, "typical_volume": 1395628.3, "trend": 27.162251, "fair_value": 36.535686, "relative_strength": -33.37076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.039887, "energy": 59.078699, "activity_lines": [ 22.709917, 22.897968, 23.831089, 25.177832 ] }, { "date": "2025-08-22", "close": 22.285433, "volume": 1355753, "typical_volume": 1406833.45, "trend": 26.870814, "fair_value": 36.464171, "relative_strength": -30.880034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.590001, "energy": 56.402101, "activity_lines": [ 22.500843, 22.752826, 23.600519, 24.863199 ] }, { "date": "2025-08-29", "close": 23.045702, "volume": 2108108, "typical_volume": 1357026.75, "trend": 26.609471, "fair_value": 36.380312, "relative_strength": -29.211301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.647367, "energy": 49.062121, "activity_lines": [ 22.63389, 22.774424, 23.472902, 24.616418 ] }, { "date": "2025-09-05", "close": 23.200001, "volume": 3816947, "typical_volume": 1354602.65, "trend": 26.316842, "fair_value": 36.292276, "relative_strength": -28.796403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.236904, "energy": 41.20426, "activity_lines": [ 22.821537, 22.824077, 23.362243, 24.396452 ] }, { "date": "2025-09-12", "close": 22.299999, "volume": 1821402, "typical_volume": 1288278.45, "trend": 25.941944, "fair_value": 36.19474, "relative_strength": -33.466488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.477968, "energy": 40.835415, "activity_lines": [ 22.679891, 22.721111, 23.183689, 24.137301 ] }, { "date": "2025-09-19", "close": 23.549999, "volume": 2533501, "typical_volume": 1333773.2, "trend": 25.605544, "fair_value": 36.106051, "relative_strength": -29.305828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.844766, "energy": 24.348336, "activity_lines": [ 22.995122, 22.863295, 23.143799, 23.982982 ] }, { "date": "2025-09-26", "close": 22.4, "volume": 1495375, "typical_volume": 1354334.7, "trend": 25.248235, "fair_value": 35.999494, "relative_strength": -32.006087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.735486, "energy": 28.190113, "activity_lines": [ 22.83638, 22.773397, 23.013706, 23.776172 ] }, { "date": "2025-10-03", "close": 22.25, "volume": 603302, "typical_volume": 1298296.6, "trend": 24.914435, "fair_value": 35.90597, "relative_strength": -34.705143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.343067, "energy": 34.632911, "activity_lines": [ 22.62, 22.678333, 22.892087, 23.582738 ] }, { "date": "2025-10-10", "close": 22.700001, "volume": 622465, "typical_volume": 1296107.6, "trend": 24.59722, "fair_value": 35.838946, "relative_strength": -33.918045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.257353, "energy": 29.116147, "activity_lines": [ 22.606667, 22.680419, 22.832501, 23.439871 ] }, { "date": "2025-10-17", "close": 21.6, "volume": 1602257, "typical_volume": 1330541.95, "trend": 24.246505, "fair_value": 35.765453, "relative_strength": -36.336547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.517359, "energy": 42.808232, "activity_lines": [ 22.26, 22.483607, 22.68247, 23.246502 ] }, { "date": "2025-10-24", "close": 21.950001, "volume": 1121617, "typical_volume": 1340991.2, "trend": 23.980317, "fair_value": 35.720443, "relative_strength": -35.089328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.843428, "energy": 45.665745, "activity_lines": [ 22.076667, 22.374125, 22.58465, 23.09834 ] }, { "date": "2025-10-31", "close": 20.799999, "volume": 1276170, "typical_volume": 1340378.5, "trend": 23.716976, "fair_value": 35.681181, "relative_strength": -39.178354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.906947, "energy": 62.110478, "activity_lines": [ 21.616667, 22.059922, 22.39361, 22.893159 ] }, { "date": "2025-11-07", "close": 19.700001, "volume": 1222585, "typical_volume": 1369966.35, "trend": 23.589614, "fair_value": 35.643323, "relative_strength": -40.344001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.876828, "energy": 79.135245, "activity_lines": [ 20.896667, 21.572727, 22.112349, 22.633999 ] }, { "date": "2025-11-14", "close": 19.75, "volume": 1209848, "typical_volume": 1379054.4, "trend": 23.349878, "fair_value": 35.591208, "relative_strength": -38.816119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.451096, "energy": 80.953291, "activity_lines": [ 20.363334, 21.155455, 21.851782, 22.386282 ] }, { "date": "2025-11-21", "close": 18.25, "volume": 1412104, "typical_volume": 1412034.75, "trend": 23.077564, "fair_value": 35.529186, "relative_strength": -40.570223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.61046, "energy": 89.899196, "activity_lines": [ 19.526667, 20.528182, 21.467672, 22.057258 ] }, { "date": "2025-11-28", "close": 19.450001, "volume": 1249502, "typical_volume": 1428647.4, "trend": 22.805653, "fair_value": 35.469316, "relative_strength": -38.467324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.622018, "energy": 81.704852, "activity_lines": [ 19.313334, 20.192728, 21.221816, 21.823221 ] }, { "date": "2025-12-05", "close": 19.200001, "volume": 771904, "typical_volume": 1424708.05, "trend": 22.539664, "fair_value": 35.407553, "relative_strength": -39.032816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.231703, "energy": 79.328301, "activity_lines": [ 19.183334, 19.886364, 20.965652, 21.590598 ] }, { "date": "2025-12-12", "close": 19.049999, "volume": 679323, "typical_volume": 1413069.25, "trend": 22.298769, "fair_value": 35.317714, "relative_strength": -39.041885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.140628, "energy": 72.413922, "activity_lines": [ 19.11, 19.610909, 20.71623, 21.365459 ] }, { "date": "2025-12-19", "close": 19.049999, "volume": 556096, "typical_volume": 1407613.9, "trend": 22.076881, "fair_value": 35.218838, "relative_strength": -37.043047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.791255, "energy": 64.182354, "activity_lines": [ 19.08, 19.393636, 20.486062, 21.155861 ] }, { "date": "2025-12-26", "close": 19.1, "volume": 501747, "typical_volume": 1394846.75, "trend": 21.861411, "fair_value": 35.116492, "relative_strength": -37.886899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.785607, "energy": 57.541671, "activity_lines": [ 19.113333, 19.251818, 20.278326, 20.963804 ] }, { "date": "2026-01-02", "close": 18.950001, "volume": 496634, "typical_volume": 1322832.0, "trend": 21.647277, "fair_value": 35.016391, "relative_strength": -39.192935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.923247, "energy": 55.414477, "activity_lines": [ 19.04, 19.128182, 20.074414, 20.775971 ] }, { "date": "2026-01-09", "close": 18.9, "volume": 1062907, "typical_volume": 1308189.7, "trend": 21.48216, "fair_value": 34.936378, "relative_strength": -40.384642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.757419, "energy": 51.926908, "activity_lines": [ 18.983333, 19.05, 19.88117, 20.598727 ] }, { "date": "2026-01-16", "close": 21.549999, "volume": 7096144, "typical_volume": 1557591.5, "trend": 21.432304, "fair_value": 34.866355, "relative_strength": -33.595873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.337412, "energy": 18.200749, "activity_lines": [ 19.83, 19.488182, 19.956429, 20.603104 ] }, { "date": "2026-01-23", "close": 22.85, "volume": 7936734, "typical_volume": 1763580.85, "trend": 21.400438, "fair_value": 34.807289, "relative_strength": -29.992841, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.255305, "energy": 18.330493, "activity_lines": [ 20.943333, 20.129091, 20.162619, 20.694568 ] }, { "date": "2026-01-30", "close": 22.1, "volume": 3437616, "typical_volume": 1844391.55, "trend": 21.360995, "fair_value": 34.741667, "relative_strength": -31.70453, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.651998, "energy": 34.78966, "activity_lines": [ 21.553333, 20.577273, 20.299048, 20.739701 ] }, { "date": "2026-02-06", "close": 20.9, "volume": 1245982, "typical_volume": 1780015.6, "trend": 21.314814, "fair_value": 34.650276, "relative_strength": -33.955626, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.156501, "energy": 33.811905, "activity_lines": [ 21.563333, 20.737273, 20.322143, 20.70996 ] }, { "date": "2026-02-13", "close": 20.75, "volume": 952018, "typical_volume": 1752847.75, "trend": 21.219284, "fair_value": 34.567544, "relative_strength": -36.974017, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.426619, "energy": 28.507339, "activity_lines": [ 21.393333, 20.843636, 20.343571, 20.67352 ] }, { "date": "2026-02-27", "close": 21.25, "volume": 1351072, "typical_volume": 1790236.25, "trend": 21.157843, "fair_value": 34.48277, "relative_strength": -37.752835, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.917493, "energy": 19.057278, "activity_lines": [ 21.266667, 21.012727, 20.420476, 20.675502 ] }, { "date": "2026-03-06", "close": 19.9, "volume": 1758119, "typical_volume": 1847018.95, "trend": 21.06249, "fair_value": 34.386427, "relative_strength": -37.50584, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.046695, "energy": 17.182775, "activity_lines": [ 20.71, 20.896364, 20.373571, 20.594351 ] }, { "date": "2026-03-13", "close": 19.700001, "volume": 1159060, "typical_volume": 1824859.1, "trend": 20.955718, "fair_value": 34.274224, "relative_strength": -36.686629, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.036935, "energy": 24.099174, "activity_lines": [ 20.283334, 20.728182, 20.320952, 20.506448 ] }, { "date": "2026-03-20", "close": 19.9, "volume": 1717125, "typical_volume": 1854634.5, "trend": 20.879371, "fair_value": 34.163595, "relative_strength": -35.1485, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.33124, "energy": 24.827669, "activity_lines": [ 20.083334, 20.585455, 20.296429, 20.438337 ] }, { "date": "2026-03-27", "close": 18.950001, "volume": 1478245, "typical_volume": 1864738.25, "trend": 20.76819, "fair_value": 34.041629, "relative_strength": -36.269072, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.466302, "energy": 34.23379, "activity_lines": [ 19.633334, 20.252728, 20.191191, 20.313862 ] }, { "date": "2026-04-03", "close": 18.200001, "volume": 853162, "typical_volume": 1846267.1, "trend": 20.606667, "fair_value": 33.899402, "relative_strength": -36.654507, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.164848, "energy": 55.513827, "activity_lines": [ 19.053334, 19.782728, 20.023334, 20.148172 ] }, { "date": "2026-04-10", "close": 17.9, "volume": 1344171, "typical_volume": 1852983.25, "trend": 20.43, "fair_value": 33.763999, "relative_strength": -41.632186, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.139294, "energy": 64.510079, "activity_lines": [ 18.576667, 19.319091, 19.834048, 19.973549 ] }, { "date": "2026-04-17", "close": 18.450001, "volume": 1701918, "typical_volume": 1867473.95, "trend": 20.301667, "fair_value": 33.632413, "relative_strength": -41.186756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.31348, "energy": 62.469049, "activity_lines": [ 18.416667, 19.045455, 19.705953, 19.845807 ] }, { "date": "2026-04-24", "close": 17.799999, "volume": 2353775, "typical_volume": 1922687.6, "trend": 20.11, "fair_value": 33.503366, "relative_strength": -45.208226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.192644, "energy": 70.249296, "activity_lines": [ 18.123333, 18.72, 19.515, 19.684409 ] }, { "date": "2026-05-01", "close": 17.15, "volume": 1507271, "typical_volume": 1959455.95, "trend": 19.935, "fair_value": 33.389686, "relative_strength": -46.097021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.056809, "energy": 75.534149, "activity_lines": [ 17.753333, 18.332728, 19.27, 19.493441 ] }, { "date": "2026-05-08", "close": 17.450001, "volume": 2855377, "typical_volume": 2068258.65, "trend": 19.775, "fair_value": 33.278221, "relative_strength": -47.562529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.738437, "energy": 70.317429, "activity_lines": [ 17.603334, 18.065455, 19.063334, 19.333118 ] }, { "date": "2026-05-15", "close": 15.6, "volume": 3445066, "typical_volume": 2212707.15, "trend": 19.538334, "fair_value": 33.15548, "relative_strength": -51.558192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.103121, "energy": 85.096012, "activity_lines": [ 16.886667, 17.530909, 18.688095, 19.063764 ] }, { "date": "2026-05-22", "close": 16.35, "volume": 1963723, "typical_volume": 2285805.95, "trend": 19.363333, "fair_value": 33.033173, "relative_strength": -49.532591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.939163, "energy": 78.59441, "activity_lines": [ 16.573333, 17.210909, 18.400715, 18.858065 ] }, { "date": "2026-05-29", "close": 21.450001, "volume": 3896850, "typical_volume": 2455816.75, "trend": 19.346667, "fair_value": 32.934229, "relative_strength": -36.307891, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.872042, "energy": 18.134931, "activity_lines": [ 18.1, 17.879091, 18.612143, 18.992688 ] }, { "date": "2026-06-05", "close": 26.700001, "volume": 22251339, "typical_volume": 3515238.35, "trend": 19.543334, "fair_value": 32.869231, "relative_strength": -20.078088, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.252323, "energy": 41.453086, "activity_lines": [ 21.133334, 19.473637, 19.311667, 19.467097 ] }, { "date": "2026-06-12", "close": 23.6, "volume": 4466988, "typical_volume": 3383780.55, "trend": 19.673334, "fair_value": 32.774448, "relative_strength": -26.703351, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.266476, "energy": 56.144555, "activity_lines": [ 22.496667, 20.363637, 19.67881, 19.728817 ] }, { "date": "2026-06-19", "close": 23.700001, "volume": 3385284, "typical_volume": 3156208.05, "trend": 19.805, "fair_value": 32.665145, "relative_strength": -28.960846, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.331697, "energy": 61.946659, "activity_lines": [ 23.483334, 21.173637, 20.045715, 19.988602 ] }, { "date": "2026-06-26", "close": 23.9, "volume": 7262843, "typical_volume": 3347469.4, "trend": 19.993334, "fair_value": 32.543131, "relative_strength": -24.285598, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.366559, "energy": 81.708394, "activity_lines": [ 23.996667, 21.914546, 20.427619, 20.252796 ] }, { "date": "2026-07-03", "close": 29.15, "volume": 23136328, "typical_volume": 4441986.7, "trend": 20.316667, "fair_value": 32.451272, "relative_strength": -10.971774, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.338019, "energy": 90.144259, "activity_lines": [ 25.756667, 23.510909, 21.300953, 20.843549 ] }, { "date": "2026-07-10", "close": 26.35, "volume": 0, "typical_volume": 4394385.8, "trend": 20.555, "fair_value": 32.333301, "relative_strength": -15.950044, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.558966, "energy": 75.09875, "activity_lines": [ 26.07, 24.391818, 21.868334, 21.232796 ] }, { "date": "2026-07-17", "close": 20.700001, "volume": 1258600, "typical_volume": 4389762.2, "trend": 20.61, "fair_value": 32.148791, "relative_strength": -28.841208, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.393301, "energy": 43.36541, "activity_lines": [ 24.523334, 24.078182, 21.870953, 21.242151 ] }, { "date": "2026-07-24", "close": 20.700001, "volume": 2018338, "typical_volume": 4402773.15, "trend": 20.665, "fair_value": 31.984106, "relative_strength": -29.377069, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.96925, "energy": 27.65731, "activity_lines": [ 23.170001, 23.705455, 21.876191, 21.247957 ] }, { "date": "2026-07-31", "close": 19.0, "volume": 2404927, "typical_volume": 4465066.5, "trend": 20.661667, "fair_value": 31.800361, "relative_strength": -33.326569, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.984866, "energy": 17.69188, "activity_lines": [ 21.45, 22.93091, 21.715715, 21.140538 ] }, { "date": "2026-08-07", "close": 20.799999, "volume": 1542674, "typical_volume": 4456343.95, "trend": 20.723334, "fair_value": 31.621156, "relative_strength": -27.783062, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.157596, "energy": 19.760374, "activity_lines": [ 20.656667, 22.435455, 21.73, 21.149463 ] }, { "date": "2026-08-14", "close": 20.450001, "volume": 1420275, "typical_volume": 4453445.45, "trend": 20.775, "fair_value": 31.469446, "relative_strength": -30.413055, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.861126, "energy": 18.268543, "activity_lines": [ 20.303334, 21.888182, 21.706667, 21.131828 ] }, { "date": "2026-08-21", "close": 20.5, "volume": 1184010, "typical_volume": 4469987.85, "trend": 20.74, "fair_value": 31.32243, "relative_strength": -28.352935, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.983451, "energy": 18.905701, "activity_lines": [ 20.36, 21.463637, 21.680953, 21.114086 ] } ], "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." } } }