{ "ticker": { "uuid": "007297ab-cfd1-411b-a22f-d9ba61659dab", "symbol": "2488", "name": "Hanpin Electron 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": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 22.877, "architecture_energy": 13.385, "architecture_maturity": 40.02, "architecture_confidence": 75.938, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 60.7, "rotation_up": 27.88, "upward_expansion": 47.31, "deceleration": 84.04, "rotation_down": 21.94, "downward_expansion": 22.98 }, "activity_lines": [ 49.709999, 49.846027, 49.871924, 49.087817 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 49.849998, "trend_reference": 47.749775, "distance_from_trend": 0.043984, "trend_direction": "Improving", "fair_value": 41.70711, "distance_from_fair_value": 0.19524, "fair_value_direction": "Weakening", "relative_strength": -21.827829, "relative_strength_direction": "Improving", "price_momentum": 0.146573, "excess_performance": -0.294799, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.043984, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.049351, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.19524, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.02618, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.218278, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.031329, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.146573, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.292692, "read": "Demand-led" } ], "volume": { "latest": 605006, "relative_activity": 0.626271, "balance": 2.292692, "dry_up": 0.762305, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.043422, "annualized_volatility": 0.159791, "from_high_reference": -0.046937, "from_low_reference": 0.219393 }, "levels": { "trend_reference": 47.749775, "fair_value_reference": 41.70711, "structural_low": 43.146929, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.022779, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.033146, "regime_survival": 0.5, "best_return": 0.162105, "worst_return": -0.02017, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.082192, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": -0.00147, "regime_survival": 0.285714, "best_return": 0.187368, "worst_return": -0.161348, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.165265, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.098635, "regime_survival": 0.2, "best_return": 0.385039, "worst_return": -0.170863, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.363577, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.049577, "regime_survival": 0.0, "best_return": 0.473421, "worst_return": -0.107914, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": 0.109474, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": -0.059783, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.057554, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.035524, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.071168, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.100565, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-08-15", "tenure": "Established", "return": -0.013306, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": 0.035343, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": -0.054003, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": 0.045403, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.052083, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-02-13", "tenure": "Developing", "return": 0.03956, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-07-17", "tenure": "Established", "return": 0.089117, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-14", "tenure": "New", "return": 0.00201, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 28.281202, "volume": 4961028, "typical_volume": 1016438.5, "trend": 24.670532, "fair_value": 21.977042, "relative_strength": 9.179953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.69916, "energy": 87.203504, "activity_lines": [ 27.427037, 26.805353, 25.920158, 25.392935 ] }, { "date": "2023-08-18", "close": 29.414017, "volume": 3709080, "typical_volume": 1177370.05, "trend": 24.901, "fair_value": 22.043951, "relative_strength": 14.680622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.950122, "energy": 85.133906, "activity_lines": [ 28.190058, 27.365722, 26.315433, 25.698966 ] }, { "date": "2023-08-25", "close": 29.101515, "volume": 2219478, "typical_volume": 1279789.4, "trend": 25.115844, "fair_value": 22.092961, "relative_strength": 12.452571, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.771687, "energy": 74.781539, "activity_lines": [ 28.658807, 27.791148, 26.656206, 25.969967 ] }, { "date": "2023-09-01", "close": 30.937447, "volume": 3182480, "typical_volume": 1410738.95, "trend": 25.380166, "fair_value": 22.159887, "relative_strength": 17.896006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.018099, "energy": 75.734208, "activity_lines": [ 29.565055, 28.482907, 27.148765, 26.345554 ] }, { "date": "2023-09-08", "close": 29.80464, "volume": 14253674, "typical_volume": 2089747.75, "trend": 25.613239, "fair_value": 22.22061, "relative_strength": 13.806453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.905116, "energy": 64.539486, "activity_lines": [ 29.812451, 28.873532, 27.500699, 26.631004 ] }, { "date": "2023-09-15", "close": 30.067286, "volume": 5545865, "typical_volume": 2347477.45, "trend": 25.856368, "fair_value": 22.281109, "relative_strength": 12.210934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.221313, "energy": 62.101298, "activity_lines": [ 29.998959, 29.236627, 27.848815, 26.918362 ] }, { "date": "2023-09-22", "close": 28.856243, "volume": 1620157, "typical_volume": 2410834.55, "trend": 26.033088, "fair_value": 22.330455, "relative_strength": 11.273433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.803181, "energy": 54.038594, "activity_lines": [ 29.662713, 29.302313, 28.051697, 27.111903 ] }, { "date": "2023-09-29", "close": 29.607922, "volume": 871891, "typical_volume": 2424970.85, "trend": 26.199708, "fair_value": 22.384619, "relative_strength": 13.83495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.44152, "energy": 45.533693, "activity_lines": [ 29.614211, 29.462963, 28.303526, 27.342537 ] }, { "date": "2023-10-06", "close": 30.192568, "volume": 1251537, "typical_volume": 2458410.0, "trend": 26.387118, "fair_value": 22.440624, "relative_strength": 14.664101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.883939, "energy": 44.940467, "activity_lines": [ 29.726831, 29.67312, 28.585187, 27.600141 ] }, { "date": "2023-10-13", "close": 33.324574, "volume": 5958060, "typical_volume": 2727082.15, "trend": 26.699761, "fair_value": 22.527259, "relative_strength": 24.081328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.417315, "energy": 58.600016, "activity_lines": [ 30.933112, 30.389571, 29.13706, 28.047719 ] }, { "date": "2023-10-20", "close": 32.572891, "volume": 2551526, "typical_volume": 2815791.85, "trend": 26.971723, "fair_value": 22.608847, "relative_strength": 23.359454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.40053, "energy": 65.694678, "activity_lines": [ 31.654169, 30.864871, 29.57454, 28.42663 ] }, { "date": "2023-10-27", "close": 32.94873, "volume": 1677567, "typical_volume": 2852817.05, "trend": 27.262724, "fair_value": 22.689418, "relative_strength": 26.604394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.970106, "energy": 77.629186, "activity_lines": [ 32.333466, 31.330475, 30.011567, 28.812244 ] }, { "date": "2023-11-03", "close": 33.115776, "volume": 2198055, "typical_volume": 2911847.15, "trend": 27.557991, "fair_value": 22.772431, "relative_strength": 23.916048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.118268, "energy": 79.973606, "activity_lines": [ 32.795613, 31.762183, 30.427209, 29.18986 ] }, { "date": "2023-11-10", "close": 32.823452, "volume": 20539818, "typical_volume": 3903063.75, "trend": 27.850024, "fair_value": 22.848773, "relative_strength": 21.235098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.090009, "energy": 56.746623, "activity_lines": [ 32.926461, 32.067754, 30.778225, 29.529567 ] }, { "date": "2023-11-17", "close": 32.906975, "volume": 5953971, "typical_volume": 4170012.5, "trend": 28.155258, "fair_value": 22.929077, "relative_strength": 17.408717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.892454, "energy": 52.101621, "activity_lines": [ 32.909757, 32.354221, 31.103289, 29.855822 ] }, { "date": "2023-11-24", "close": 33.449852, "volume": 4116825, "typical_volume": 4321076.35, "trend": 28.477285, "fair_value": 23.012632, "relative_strength": 18.286761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.315541, "energy": 51.486655, "activity_lines": [ 33.101853, 32.682987, 31.445565, 30.197409 ] }, { "date": "2023-12-01", "close": 34.159775, "volume": 3477234, "typical_volume": 4409849.35, "trend": 28.81256, "fair_value": 23.100966, "relative_strength": 19.162564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.678705, "energy": 55.204641, "activity_lines": [ 33.472126, 33.079328, 31.819121, 30.564021 ] }, { "date": "2023-12-08", "close": 34.07626, "volume": 3604696, "typical_volume": 4526703.2, "trend": 29.142447, "fair_value": 23.183284, "relative_strength": 18.648083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.34809, "energy": 66.227023, "activity_lines": [ 33.733824, 33.364057, 32.148546, 30.903614 ] }, { "date": "2023-12-15", "close": 33.74218, "volume": 4150834, "typical_volume": 4687168.95, "trend": 29.457292, "fair_value": 23.263917, "relative_strength": 15.071487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.294122, "energy": 60.20817, "activity_lines": [ 33.82013, 33.506801, 32.410001, 31.200371 ] }, { "date": "2023-12-22", "close": 33.408096, "volume": 1329662, "typical_volume": 4658671.9, "trend": 29.759699, "fair_value": 23.342637, "relative_strength": 14.001891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.031157, "energy": 52.210895, "activity_lines": [ 33.733825, 33.524265, 32.606194, 31.455262 ] }, { "date": "2023-12-29", "close": 33.366337, "volume": 1242170, "typical_volume": 4472729.0, "trend": 30.03988, "fair_value": 23.41378, "relative_strength": 11.382292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.022535, "energy": 42.789847, "activity_lines": [ 33.600194, 33.532617, 32.770648, 31.687948 ] }, { "date": "2024-01-05", "close": 33.408096, "volume": 993464, "typical_volume": 4336948.2, "trend": 30.316245, "fair_value": 23.487475, "relative_strength": 13.729287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.789075, "energy": 32.821891, "activity_lines": [ 33.486049, 33.534136, 32.914865, 31.905253 ] }, { "date": "2024-01-12", "close": 33.616898, "volume": 1321109, "typical_volume": 4292029.75, "trend": 30.590456, "fair_value": 23.563651, "relative_strength": 14.032362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.441614, "energy": 32.761064, "activity_lines": [ 33.491617, 33.565266, 33.059947, 32.118198 ] }, { "date": "2024-01-19", "close": 33.324574, "volume": 1280491, "typical_volume": 4196930.3, "trend": 30.844506, "fair_value": 23.634984, "relative_strength": 11.49495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.278488, "energy": 28.796606, "activity_lines": [ 33.430368, 33.534136, 33.155688, 32.294593 ] }, { "date": "2024-01-26", "close": 33.825695, "volume": 1046813, "typical_volume": 3536587.25, "trend": 31.116561, "fair_value": 23.710442, "relative_strength": 10.743153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.260276, "energy": 31.384591, "activity_lines": [ 33.564, 33.585007, 33.287787, 32.486927 ] }, { "date": "2024-02-02", "close": 33.658653, "volume": 777061, "typical_volume": 3298147.05, "trend": 31.377841, "fair_value": 23.788713, "relative_strength": 9.318329, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.476898, "energy": 33.515816, "activity_lines": [ 33.614111, 33.588803, 33.384829, 32.650933 ] }, { "date": "2024-02-09", "close": 33.616898, "volume": 123001, "typical_volume": 3223289.25, "trend": 31.612989, "fair_value": 23.869228, "relative_strength": 8.482407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.701094, "energy": 35.877545, "activity_lines": [ 33.630816, 33.58121, 33.460793, 32.795389 ] }, { "date": "2024-02-16", "close": 33.783936, "volume": 1012188, "typical_volume": 3230304.1, "trend": 31.856309, "fair_value": 23.953098, "relative_strength": 5.617841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.049456, "energy": 37.048878, "activity_lines": [ 33.68928, 33.613859, 33.529995, 32.93545 ] }, { "date": "2024-02-23", "close": 35.496101, "volume": 3899332, "typical_volume": 3362693.85, "trend": 32.148889, "fair_value": 24.046344, "relative_strength": 8.875856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.447725, "energy": 65.912617, "activity_lines": [ 34.30733, 33.963125, 33.742375, 33.170275 ] }, { "date": "2024-03-01", "close": 35.9137, "volume": 4423334, "typical_volume": 3285957.55, "trend": 32.426743, "fair_value": 24.135415, "relative_strength": 9.494542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.616038, "energy": 81.897923, "activity_lines": [ 34.919811, 34.356429, 33.969272, 33.413166 ] }, { "date": "2024-03-08", "close": 35.412582, "volume": 3080280, "typical_volume": 3312395.25, "trend": 32.664456, "fair_value": 24.219219, "relative_strength": 3.094356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.701038, "energy": 78.487367, "activity_lines": [ 35.226052, 34.613064, 34.136113, 33.605801 ] }, { "date": "2024-03-15", "close": 36.707146, "volume": 4074069, "typical_volume": 3432220.35, "trend": 32.90756, "fair_value": 24.31863, "relative_strength": 7.047393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.125294, "energy": 88.760523, "activity_lines": [ 35.846886, 35.06787, 34.412725, 33.86662 ] }, { "date": "2024-03-22", "close": 37.834663, "volume": 3713086, "typical_volume": 3507971.9, "trend": 33.198665, "fair_value": 24.417275, "relative_strength": 6.960682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.282002, "energy": 92.905224, "activity_lines": [ 36.637543, 35.667696, 34.778821, 34.184497 ] }, { "date": "2024-03-29", "close": 38.043465, "volume": 2588644, "typical_volume": 2610413.2, "trend": 33.435532, "fair_value": 24.508579, "relative_strength": 6.792023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.562706, "energy": 91.971623, "activity_lines": [ 37.227752, 36.2288, 35.142333, 34.497065 ] }, { "date": "2024-04-05", "close": 37.625866, "volume": 1310608, "typical_volume": 2378245.05, "trend": 33.69624, "fair_value": 24.597892, "relative_strength": 5.029431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.400841, "energy": 86.872704, "activity_lines": [ 37.508937, 36.628179, 35.441216, 34.767409 ] }, { "date": "2024-04-12", "close": 39.75563, "volume": 4561000, "typical_volume": 2400453.8, "trend": 34.019184, "fair_value": 24.697431, "relative_strength": 8.358327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.904701, "energy": 89.556867, "activity_lines": [ 38.385899, 37.345693, 35.920463, 35.158337 ] }, { "date": "2024-04-19", "close": 37.625866, "volume": 3263497, "typical_volume": 2389766.95, "trend": 34.311505, "fair_value": 24.780806, "relative_strength": 8.428311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.256381, "energy": 61.749821, "activity_lines": [ 38.263403, 37.565123, 36.166847, 35.391027 ] }, { "date": "2024-04-26", "close": 39.003952, "volume": 3046586, "typical_volume": 2361861.45, "trend": 34.624706, "fair_value": 24.871187, "relative_strength": 8.601081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.427561, "energy": 61.161172, "activity_lines": [ 38.539021, 37.962225, 36.527973, 35.693765 ] }, { "date": "2024-05-03", "close": 39.964432, "volume": 1424487, "typical_volume": 2225544.1, "trend": 34.950435, "fair_value": 24.974121, "relative_strength": 9.627007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.208191, "energy": 63.896118, "activity_lines": [ 39.056846, 38.439049, 36.957108, 36.038263 ] }, { "date": "2024-05-10", "close": 39.588593, "volume": 2974889, "typical_volume": 2307805.45, "trend": 35.159236, "fair_value": 25.075558, "relative_strength": 6.210221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.472327, "energy": 55.606142, "activity_lines": [ 39.321327, 38.766297, 37.320818, 36.337499 ] }, { "date": "2024-05-17", "close": 39.839153, "volume": 1811911, "typical_volume": 2336292.5, "trend": 35.401444, "fair_value": 25.184997, "relative_strength": 3.706937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.468995, "energy": 56.895237, "activity_lines": [ 39.53848, 39.072285, 37.678961, 36.63943 ] }, { "date": "2024-05-24", "close": 39.379791, "volume": 1500403, "typical_volume": 2361639.45, "trend": 35.615813, "fair_value": 25.304966, "relative_strength": 0.675723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.463572, "energy": 53.447728, "activity_lines": [ 39.596944, 39.214269, 37.962532, 36.896097 ] }, { "date": "2024-05-31", "close": 39.75563, "volume": 1290453, "typical_volume": 2360106.65, "trend": 35.837142, "fair_value": 25.427344, "relative_strength": 3.094757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.702097, "energy": 50.69039, "activity_lines": [ 39.663759, 39.375994, 38.253461, 37.163182 ] }, { "date": "2024-06-07", "close": 39.588593, "volume": 988406, "typical_volume": 2345502.4, "trend": 36.062646, "fair_value": 25.544769, "relative_strength": -0.890468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.615175, "energy": 46.05797, "activity_lines": [ 39.624784, 39.472423, 38.499249, 37.405211 ] }, { "date": "2024-06-14", "close": 40.173233, "volume": 1274465, "typical_volume": 2356885.0, "trend": 36.304855, "fair_value": 25.665941, "relative_strength": -2.639584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.860169, "energy": 47.440069, "activity_lines": [ 39.805744, 39.647056, 38.770889, 37.67041 ] }, { "date": "2024-06-21", "close": 39.672112, "volume": 1014694, "typical_volume": 2368766.65, "trend": 36.512264, "fair_value": 25.783673, "relative_strength": -7.155958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.323077, "energy": 43.662427, "activity_lines": [ 39.780688, 39.68426, 38.964576, 37.887653 ] }, { "date": "2024-06-28", "close": 39.254509, "volume": 1404109, "typical_volume": 2432822.05, "trend": 36.682088, "fair_value": 25.896444, "relative_strength": -7.432517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.450047, "energy": 34.532241, "activity_lines": [ 39.627567, 39.647056, 39.089856, 38.064572 ] }, { "date": "2024-07-05", "close": 39.338032, "volume": 762786, "typical_volume": 2420351.95, "trend": 36.85748, "fair_value": 26.010664, "relative_strength": -9.414382, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.777832, "energy": 29.902823, "activity_lines": [ 39.510639, 39.595425, 39.196245, 38.235923 ] }, { "date": "2024-07-12", "close": 39.338032, "volume": 1417941, "typical_volume": 2296282.4, "trend": 37.044009, "fair_value": 26.123285, "relative_strength": -10.879511, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.119196, "energy": 25.096739, "activity_lines": [ 39.421551, 39.53772, 39.276186, 38.395959 ] }, { "date": "2024-07-19", "close": 38.753391, "volume": 1034857, "typical_volume": 2126858.55, "trend": 37.222185, "fair_value": 26.230788, "relative_strength": -8.315215, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.806373, "energy": 18.445402, "activity_lines": [ 39.154287, 39.385106, 39.282152, 38.506241 ] }, { "date": "2024-07-26", "close": 37.834663, "volume": 1222038, "typical_volume": 2033946.45, "trend": 37.37113, "fair_value": 26.331488, "relative_strength": -7.612537, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.326091, "energy": 11.404433, "activity_lines": [ 38.675437, 39.080636, 39.187098, 38.545756 ] }, { "date": "2024-08-02", "close": 38.54459, "volume": 947470, "typical_volume": 1877616.5, "trend": 37.542346, "fair_value": 26.437653, "relative_strength": -3.929942, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.895576, "energy": 16.139171, "activity_lines": [ 38.555725, 38.941689, 39.148122, 38.621463 ] }, { "date": "2024-08-09", "close": 38.085228, "volume": 2099386, "typical_volume": 1796931.5, "trend": 37.69129, "fair_value": 26.542015, "relative_strength": -4.397054, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.926112, "energy": 16.663436, "activity_lines": [ 38.33022, 38.734408, 39.056647, 38.656488 ] }, { "date": "2024-08-16", "close": 39.254509, "volume": 1551251, "typical_volume": 1745061.85, "trend": 37.888955, "fair_value": 26.653416, "relative_strength": -5.304804, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.047725, "energy": 14.685796, "activity_lines": [ 38.577996, 38.770093, 39.07534, 38.757341 ] }, { "date": "2024-08-23", "close": 40.089714, "volume": 1994109, "typical_volume": 1779236.9, "trend": 38.097755, "fair_value": 26.779077, "relative_strength": -2.499195, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.483132, "energy": 20.976761, "activity_lines": [ 39.109742, 38.963708, 39.167809, 38.899325 ] }, { "date": "2024-08-30", "close": 40.799633, "volume": 1556976, "typical_volume": 1629035.7, "trend": 38.335788, "fair_value": 26.910203, "relative_strength": -1.235872, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.367975, "energy": 37.12835, "activity_lines": [ 39.78904, 39.287918, 39.316156, 39.07364 ] }, { "date": "2024-09-06", "close": 40.549076, "volume": 1974566, "typical_volume": 1564589.15, "trend": 38.566861, "fair_value": 27.036754, "relative_strength": 1.872784, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.65974, "energy": 48.336114, "activity_lines": [ 40.187153, 39.546072, 39.43567, 39.216433 ] }, { "date": "2024-09-13", "close": 44.349243, "volume": 7554223, "typical_volume": 1789971.0, "trend": 38.919038, "fair_value": 27.186523, "relative_strength": 9.462556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.627243, "energy": 81.438861, "activity_lines": [ 41.718357, 40.471628, 39.903184, 39.58949 ] }, { "date": "2024-09-20", "close": 42.678841, "volume": 3798561, "typical_volume": 1908674.7, "trend": 39.158462, "fair_value": 27.326269, "relative_strength": 3.268114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.681172, "energy": 76.896499, "activity_lines": [ 42.275159, 41.002361, 40.186159, 39.832057 ] }, { "date": "2024-09-27", "close": 42.747955, "volume": 3834711, "typical_volume": 1951665.8, "trend": 39.386271, "fair_value": 27.465088, "relative_strength": 0.364133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.521501, "energy": 75.732453, "activity_lines": [ 42.62671, 41.484919, 40.46279, 40.063638 ] }, { "date": "2024-10-04", "close": 42.571312, "volume": 1201213, "typical_volume": 1921130.9, "trend": 39.624895, "fair_value": 27.604219, "relative_strength": 2.194603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.968295, "energy": 74.242624, "activity_lines": [ 42.742164, 41.862731, 40.707553, 40.269124 ] }, { "date": "2024-10-11", "close": 41.158154, "volume": 2332873, "typical_volume": 1962754.4, "trend": 39.773262, "fair_value": 27.736937, "relative_strength": -3.59456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.539036, "energy": 42.675049, "activity_lines": [ 42.268454, 41.897484, 40.80472, 40.368044 ] }, { "date": "2024-10-18", "close": 41.113991, "volume": 1333596, "typical_volume": 1964911.55, "trend": 39.882573, "fair_value": 27.870334, "relative_strength": -5.875129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.167205, "energy": 28.152377, "activity_lines": [ 41.739417, 41.876689, 40.889212, 40.454543 ] }, { "date": "2024-10-25", "close": 41.953056, "volume": 1883497, "typical_volume": 2009666.1, "trend": 40.012893, "fair_value": 28.009591, "relative_strength": -3.137468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.081276, "energy": 22.387279, "activity_lines": [ 41.705752, 41.953382, 41.047147, 40.588122 ] }, { "date": "2024-11-01", "close": 42.792118, "volume": 800445, "typical_volume": 1985965.1, "trend": 40.185101, "fair_value": 28.153986, "relative_strength": 1.398995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.336608, "energy": 25.139937, "activity_lines": [ 42.00016, 42.133568, 41.273733, 40.767427 ] }, { "date": "2024-11-08", "close": 42.085541, "volume": 2571876, "typical_volume": 2063824.2, "trend": 40.262765, "fair_value": 28.287596, "relative_strength": -3.370226, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.928969, "energy": 24.604993, "activity_lines": [ 42.056099, 42.13615, 41.420555, 40.890036 ] }, { "date": "2024-11-15", "close": 46.545807, "volume": 7677139, "typical_volume": 2377475.7, "trend": 40.560096, "fair_value": 28.450279, "relative_strength": 10.52772, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.701288, "energy": 65.927696, "activity_lines": [ 43.631177, 42.92631, 41.980672, 41.295394 ] }, { "date": "2024-11-22", "close": 48.753864, "volume": 4630461, "typical_volume": 2570859.45, "trend": 40.885093, "fair_value": 28.630485, "relative_strength": 14.723664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.37152, "energy": 84.336062, "activity_lines": [ 45.583098, 44.008903, 42.71636, 41.824024 ] }, { "date": "2024-11-29", "close": 50.873596, "volume": 6589161, "typical_volume": 2829420.45, "trend": 41.248732, "fair_value": 28.824519, "relative_strength": 22.747781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.646861, "energy": 90.66672, "activity_lines": [ 47.73227, 45.396818, 43.609089, 42.468443 ] }, { "date": "2024-12-06", "close": 49.548763, "volume": 3688654, "typical_volume": 2962110.3, "trend": 41.580738, "fair_value": 29.011985, "relative_strength": 14.545107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.908158, "energy": 86.543401, "activity_lines": [ 48.84513, 46.394858, 44.320713, 43.003929 ] }, { "date": "2024-12-13", "close": 50.255344, "volume": 4999136, "typical_volume": 3150965.2, "trend": 41.927944, "fair_value": 29.203018, "relative_strength": 16.720919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.569076, "energy": 86.918757, "activity_lines": [ 49.743073, 47.397717, 45.048224, 43.563581 ] }, { "date": "2024-12-20", "close": 50.873596, "volume": 2195374, "typical_volume": 3213360.4, "trend": 42.311071, "fair_value": 29.397774, "relative_strength": 20.387622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.241952, "energy": 83.899348, "activity_lines": [ 50.302447, 48.373276, 45.775469, 44.14072 ] }, { "date": "2024-12-27", "close": 51.138565, "volume": 1691092, "typical_volume": 3192945.7, "trend": 42.690502, "fair_value": 29.594709, "relative_strength": 16.633296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.44897, "energy": 65.874466, "activity_lines": [ 50.661624, 49.220366, 46.469241, 44.710236 ] }, { "date": "2025-01-03", "close": 47.164066, "volume": 2032073, "typical_volume": 3216986.8, "trend": 42.943018, "fair_value": 29.767129, "relative_strength": 9.124414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.663718, "energy": 50.208601, "activity_lines": [ 49.536989, 49.162556, 46.722329, 44.998853 ] }, { "date": "2025-01-10", "close": 45.83923, "volume": 2141949, "typical_volume": 3224378.8, "trend": 43.131884, "fair_value": 29.928651, "relative_strength": 5.50394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.571125, "energy": 33.53099, "activity_lines": [ 48.218043, 48.76912, 46.811579, 45.185705 ] }, { "date": "2025-01-17", "close": 49.107151, "volume": 3999249, "typical_volume": 3346492.45, "trend": 43.446386, "fair_value": 30.11064, "relative_strength": 12.090024, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.477042, "energy": 26.899788, "activity_lines": [ 48.235707, 48.91445, 47.18468, 45.571206 ] }, { "date": "2025-01-24", "close": 49.813732, "volume": 604784, "typical_volume": 3278003.35, "trend": 43.79836, "fair_value": 30.296677, "relative_strength": 11.609541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.759748, "energy": 24.571952, "activity_lines": [ 48.565443, 49.060583, 47.585515, 45.982003 ] }, { "date": "2025-02-07", "close": 51.933464, "volume": 2166880, "typical_volume": 3008636.2, "trend": 44.218207, "fair_value": 30.494859, "relative_strength": 16.182372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.240805, "energy": 38.708176, "activity_lines": [ 49.672415, 49.532706, 48.144112, 46.506848 ] }, { "date": "2025-02-14", "close": 49.725407, "volume": 3429288, "typical_volume": 2990172.55, "trend": 44.564453, "fair_value": 30.682255, "relative_strength": 12.477849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.548258, "energy": 36.443017, "activity_lines": [ 49.990375, 49.545552, 48.456302, 46.862152 ] }, { "date": "2025-02-21", "close": 53.611588, "volume": 4057194, "typical_volume": 3001296.7, "trend": 45.059727, "fair_value": 30.892156, "relative_strength": 17.790189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.109206, "energy": 52.184042, "activity_lines": [ 51.432972, 50.285853, 49.10505, 47.445838 ] }, { "date": "2025-02-28", "close": 49.37212, "volume": 5589659, "typical_volume": 3220719.0, "trend": 45.444308, "fair_value": 31.077046, "relative_strength": 11.36846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.516169, "energy": 39.01085, "activity_lines": [ 50.944256, 50.181472, 49.298308, 47.724057 ] }, { "date": "2025-03-07", "close": 48.930511, "volume": 1849181, "typical_volume": 3196534.4, "trend": 45.790506, "fair_value": 31.260309, "relative_strength": 12.400515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.417563, "energy": 31.033127, "activity_lines": [ 50.290672, 50.012858, 49.417122, 47.948973 ] }, { "date": "2025-03-14", "close": 47.958961, "volume": 1469591, "typical_volume": 3203334.15, "trend": 46.11963, "fair_value": 31.436622, "relative_strength": 12.775575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.405313, "energy": 19.828313, "activity_lines": [ 49.372119, 49.702926, 49.406397, 48.088873 ] }, { "date": "2025-03-21", "close": 48.400574, "volume": 985830, "typical_volume": 3158450.8, "trend": 46.424499, "fair_value": 31.618171, "relative_strength": 12.228269, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.601632, "energy": 18.60541, "activity_lines": [ 48.865738, 49.531099, 49.405135, 48.236031 ] }, { "date": "2025-03-28", "close": 46.104198, "volume": 1371172, "typical_volume": 3186987.15, "trend": 46.624982, "fair_value": 31.785241, "relative_strength": 9.617075, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.163517, "energy": 14.828469, "activity_lines": [ 47.682221, 48.919267, 49.154468, 48.215366 ] }, { "date": "2025-04-04", "close": 44.956009, "volume": 908468, "typical_volume": 3103816.75, "trend": 46.763528, "fair_value": 31.94471, "relative_strength": 8.163797, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.193123, "energy": 33.296751, "activity_lines": [ 46.616466, 48.093856, 48.778678, 48.107691 ] }, { "date": "2025-04-11", "close": 39.082581, "volume": 2167210, "typical_volume": 2828320.3, "trend": 46.714645, "fair_value": 32.066288, "relative_strength": 2.399812, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.212816, "energy": 63.797773, "activity_lines": [ 43.88731, 46.276024, 47.829845, 47.612146 ] }, { "date": "2025-04-18", "close": 39.965805, "volume": 1509627, "typical_volume": 2672278.6, "trend": 46.56853, "fair_value": 32.194009, "relative_strength": 5.28739, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.286981, "energy": 72.497748, "activity_lines": [ 42.10909, 44.81389, 47.000668, 47.176737 ] }, { "date": "2025-04-25", "close": 40.186611, "volume": 1182649, "typical_volume": 2401953.0, "trend": 46.485456, "fair_value": 32.323626, "relative_strength": 3.227495, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.047902, "energy": 73.908024, "activity_lines": [ 40.937349, 43.609497, 46.234368, 46.765 ] }, { "date": "2025-05-02", "close": 41.776409, "volume": 726226, "typical_volume": 2253831.6, "trend": 46.453071, "fair_value": 32.464878, "relative_strength": 2.516598, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.322638, "energy": 70.233368, "activity_lines": [ 40.843138, 42.86759, 45.670368, 46.461191 ] }, { "date": "2025-05-09", "close": 43.01292, "volume": 1123224, "typical_volume": 2060036.0, "trend": 46.467791, "fair_value": 32.6155, "relative_strength": 4.814618, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.644971, "energy": 64.3626, "activity_lines": [ 41.449617, 42.565689, 45.261141, 46.239245 ] }, { "date": "2025-05-16", "close": 43.145405, "volume": 894304, "typical_volume": 1994982.5, "trend": 46.534033, "fair_value": 32.766731, "relative_strength": 0.605078, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.555364, "energy": 44.819506, "activity_lines": [ 42.229797, 42.403497, 44.89902, 46.024898 ] }, { "date": "2025-05-23", "close": 42.394665, "volume": 573129, "typical_volume": 1939084.35, "trend": 46.576722, "fair_value": 32.915555, "relative_strength": -0.353334, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.32279, "energy": 34.726388, "activity_lines": [ 42.488876, 42.209991, 44.502201, 45.757842 ] }, { "date": "2025-05-30", "close": 41.688087, "volume": 584965, "typical_volume": 1866728.95, "trend": 46.56789, "fair_value": 33.059128, "relative_strength": -0.737582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.280244, "energy": 36.191969, "activity_lines": [ 42.350504, 41.989186, 44.079727, 45.442446 ] }, { "date": "2025-06-06", "close": 40.760704, "volume": 685262, "typical_volume": 1793894.6, "trend": 46.500176, "fair_value": 33.195313, "relative_strength": -4.35377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.032158, "energy": 44.015426, "activity_lines": [ 41.802906, 41.72181, 43.595006, 45.067789 ] }, { "date": "2025-06-13", "close": 40.186611, "volume": 891188, "typical_volume": 1638491.55, "trend": 46.436878, "fair_value": 33.3206, "relative_strength": -7.47084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.178415, "energy": 61.613895, "activity_lines": [ 41.131658, 41.447209, 43.079793, 44.660462 ] }, { "date": "2025-06-20", "close": 39.568352, "volume": 781446, "typical_volume": 1647324.65, "trend": 46.204296, "fair_value": 33.441202, "relative_strength": -8.790602, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.918972, "energy": 67.211721, "activity_lines": [ 40.442744, 41.146913, 42.548177, 44.217331 ] }, { "date": "2025-06-27", "close": 40.495735, "volume": 632129, "typical_volume": 1570587.1, "trend": 45.929025, "fair_value": 33.568952, "relative_strength": -8.9396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.618303, "energy": 53.43261, "activity_lines": [ 40.301427, 41.0064, 42.153671, 43.849037 ] }, { "date": "2025-07-04", "close": 41.158154, "volume": 519412, "typical_volume": 1425093.3, "trend": 45.605177, "fair_value": 33.70191, "relative_strength": -7.425765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.611581, "energy": 47.164759, "activity_lines": [ 40.507513, 40.976691, 41.876718, 43.541239 ] }, { "date": "2025-07-11", "close": 40.495735, "volume": 475122, "typical_volume": 1245989.7, "trend": 45.30341, "fair_value": 33.835193, "relative_strength": -9.827284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.651902, "energy": 55.045276, "activity_lines": [ 40.528121, 40.808879, 41.577474, 43.211598 ] }, { "date": "2025-07-18", "close": 41.069832, "volume": 615381, "typical_volume": 997275.8, "trend": 44.997226, "fair_value": 33.972397, "relative_strength": -11.117715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.775364, "energy": 43.148335, "activity_lines": [ 40.757759, 40.768733, 41.395362, 42.938464 ] }, { "date": "2025-07-25", "close": 40.716541, "volume": 942650, "typical_volume": 951949.25, "trend": 44.658657, "fair_value": 34.100841, "relative_strength": -11.852856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.025137, "energy": 36.807284, "activity_lines": [ 40.810752, 40.69968, 41.219138, 42.66229 ] }, { "date": "2025-08-01", "close": 40.539902, "volume": 601706, "typical_volume": 908555.0, "trend": 44.305369, "fair_value": 34.2231, "relative_strength": -12.513967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.084588, "energy": 38.269428, "activity_lines": [ 40.72832, 40.642673, 41.065205, 42.396564 ] }, { "date": "2025-08-08", "close": 43.277889, "volume": 1371371, "typical_volume": 927832.05, "trend": 44.175829, "fair_value": 34.364594, "relative_strength": -8.905115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.658254, "energy": 14.439329, "activity_lines": [ 41.555605, 41.117205, 41.207362, 42.330275 ] }, { "date": "2025-08-15", "close": 42.571312, "volume": 1279823, "typical_volume": 923264.6, "trend": 44.066899, "fair_value": 34.496748, "relative_strength": -11.524648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.24548, "energy": 14.749859, "activity_lines": [ 42.006049, 41.434362, 41.30662, 42.226758 ] }, { "date": "2025-08-22", "close": 42.482986, "volume": 821798, "typical_volume": 918931.1, "trend": 43.846093, "fair_value": 34.620636, "relative_strength": -9.617946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.391784, "energy": 17.178564, "activity_lines": [ 42.288679, 41.70254, 41.414289, 42.12457 ] }, { "date": "2025-08-29", "close": 43.984467, "volume": 1923499, "typical_volume": 906745.55, "trend": 43.651784, "fair_value": 34.751022, "relative_strength": -8.23835, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.800869, "energy": 29.766881, "activity_lines": [ 42.977593, 42.201963, 41.676732, 42.133497 ] }, { "date": "2025-09-05", "close": 43.76366, "volume": 1154335, "typical_volume": 888980.95, "trend": 43.379458, "fair_value": 34.881917, "relative_strength": -9.63364, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 10.385038, "energy": 33.054486, "activity_lines": [ 43.375043, 42.580946, 41.894804, 42.140715 ] }, { "date": "2025-09-12", "close": 43.807819, "volume": 2447879, "typical_volume": 952242.45, "trend": 43.182205, "fair_value": 35.010209, "relative_strength": -12.87675, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.329859, "energy": 49.55209, "activity_lines": [ 43.572295, 42.90854, 42.098996, 42.168351 ] }, { "date": "2025-09-19", "close": 41.777931, "volume": 4117092, "typical_volume": 1121785.75, "trend": 42.78775, "fair_value": 35.129578, "relative_strength": -16.922995, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.88635, "energy": 28.022431, "activity_lines": [ 43.057589, 42.818889, 42.092622, 42.077753 ] }, { "date": "2025-09-26", "close": 41.400276, "volume": 1833235, "typical_volume": 1157286.3, "trend": 42.522021, "fair_value": 35.245082, "relative_strength": -17.431869, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -0.378549, "energy": 5.123179, "activity_lines": [ 42.46989, 42.63726, 42.050273, 41.988239 ] }, { "date": "2025-10-03", "close": 41.589104, "volume": 542313, "typical_volume": 1139686.75, "trend": 42.277308, "fair_value": 35.365696, "relative_strength": -20.466048, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.551595, "energy": 14.406607, "activity_lines": [ 42.017314, 42.483956, 42.033588, 41.92805 ] }, { "date": "2025-10-10", "close": 41.872345, "volume": 462164, "typical_volume": 1134138.5, "trend": 42.074421, "fair_value": 35.492131, "relative_strength": -21.219866, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.237391, "energy": 19.452908, "activity_lines": [ 41.818843, 42.366285, 42.051288, 41.901924 ] }, { "date": "2025-10-17", "close": 42.958099, "volume": 1127285, "typical_volume": 1161254.5, "trend": 41.893005, "fair_value": 35.622522, "relative_strength": -18.999387, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.875955, "energy": 22.246198, "activity_lines": [ 42.108378, 42.421798, 42.174882, 41.958935 ] }, { "date": "2025-10-24", "close": 43.902233, "volume": 639020, "typical_volume": 1158942.4, "trend": 41.819606, "fair_value": 35.762471, "relative_strength": -17.783462, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.364892, "energy": 31.253308, "activity_lines": [ 42.769272, 42.654785, 42.382344, 42.088563 ] }, { "date": "2025-10-31", "close": 43.477371, "volume": 667073, "typical_volume": 1147736.65, "trend": 41.770318, "fair_value": 35.902951, "relative_strength": -20.398188, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.917897, "energy": 48.055775, "activity_lines": [ 43.146925, 42.786327, 42.534385, 42.195515 ] }, { "date": "2025-11-07", "close": 45.318436, "volume": 2032143, "typical_volume": 1210271.5, "trend": 41.97818, "fair_value": 36.054231, "relative_strength": -15.078977, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.87434, "energy": 73.424483, "activity_lines": [ 43.999794, 43.234528, 42.846094, 42.424426 ] }, { "date": "2025-11-14", "close": 43.666199, "volume": 1455323, "typical_volume": 1251431.2, "trend": 42.101526, "fair_value": 36.187158, "relative_strength": -17.257632, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.972842, "energy": 64.486979, "activity_lines": [ 44.053294, 43.358068, 42.973066, 42.533331 ] }, { "date": "2025-11-21", "close": 42.34441, "volume": 637827, "typical_volume": 1257351.95, "trend": 42.173453, "fair_value": 36.313865, "relative_strength": -16.469694, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.563133, "energy": 37.454962, "activity_lines": [ 43.546609, 43.243055, 42.959056, 42.549001 ] }, { "date": "2025-11-28", "close": 43.052513, "volume": 427321, "typical_volume": 1254961.9, "trend": 42.21599, "fair_value": 36.44436, "relative_strength": -18.268447, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.560089, "energy": 27.912284, "activity_lines": [ 43.31687, 43.283396, 43.006836, 42.605714 ] }, { "date": "2025-12-05", "close": 43.288544, "volume": 381013, "typical_volume": 1243243.5, "trend": 42.225177, "fair_value": 36.576118, "relative_strength": -18.252708, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.459872, "energy": 16.076003, "activity_lines": [ 43.222456, 43.343477, 43.064919, 42.674911 ] }, { "date": "2025-12-12", "close": 42.958099, "volume": 344507, "typical_volume": 1213336.35, "trend": 42.218934, "fair_value": 36.704505, "relative_strength": -18.996905, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.26434, "energy": 16.916566, "activity_lines": [ 43.030482, 43.309145, 43.080967, 42.722197 ] }, { "date": "2025-12-19", "close": 42.958099, "volume": 396275, "typical_volume": 1203064.8, "trend": 42.237715, "fair_value": 36.834145, "relative_strength": -16.993234, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.564561, "energy": 13.548079, "activity_lines": [ 42.995864, 43.249922, 43.08634, 42.769885 ] }, { "date": "2025-12-26", "close": 43.335754, "volume": 341043, "typical_volume": 1151548.4, "trend": 42.292637, "fair_value": 36.965454, "relative_strength": -18.159009, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.560299, "energy": 14.146425, "activity_lines": [ 43.134338, 43.239623, 43.116165, 42.840726 ] }, { "date": "2026-01-02", "close": 43.524578, "volume": 595113, "typical_volume": 1117312.9, "trend": 42.384766, "fair_value": 37.099476, "relative_strength": -19.428793, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.517141, "energy": 20.056958, "activity_lines": [ 43.269663, 43.256788, 43.163698, 42.920206 ] }, { "date": "2026-01-09", "close": 43.288544, "volume": 604061, "typical_volume": 1106426.05, "trend": 42.488164, "fair_value": 37.232736, "relative_strength": -21.836192, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.38691, "energy": 19.701358, "activity_lines": [ 43.294839, 43.237905, 43.184212, 42.978514 ] }, { "date": "2026-01-16", "close": 42.722065, "volume": 1298502, "typical_volume": 1075176.2, "trend": 42.593288, "fair_value": 37.361363, "relative_strength": -25.111552, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.028578, "energy": 11.370833, "activity_lines": [ 43.131189, 43.119459, 43.14694, 42.993605 ] }, { "date": "2026-01-23", "close": 43.807823, "volume": 968165, "typical_volume": 1065867.7, "trend": 42.703691, "fair_value": 37.497952, "relative_strength": -23.931814, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.052023, "energy": 22.296972, "activity_lines": [ 43.345194, 43.245631, 43.219084, 43.071962 ] }, { "date": "2026-01-30", "close": 43.430168, "volume": 958463, "typical_volume": 991396.9, "trend": 42.779424, "fair_value": 37.631118, "relative_strength": -24.210909, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.041883, "energy": 19.44212, "activity_lines": [ 43.376666, 43.300563, 43.255052, 43.118831 ] }, { "date": "2026-02-06", "close": 43.477371, "volume": 476413, "typical_volume": 809362.95, "trend": 42.878812, "fair_value": 37.762334, "relative_strength": -22.756614, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.335959, "energy": 21.450207, "activity_lines": [ 43.417578, 43.344336, 43.297313, 43.16386 ] }, { "date": "2026-02-13", "close": 44.657539, "volume": 627521, "typical_volume": 749077.25, "trend": 42.998403, "fair_value": 37.902366, "relative_strength": -24.290129, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.447123, "energy": 55.772492, "activity_lines": [ 43.855026, 43.59496, 43.443878, 43.278617 ] }, { "date": "2026-02-27", "close": 45.082401, "volume": 1254397, "typical_volume": 784681.45, "trend": 43.143931, "fair_value": 38.045373, "relative_strength": -26.681238, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.138292, "energy": 69.519971, "activity_lines": [ 44.342829, 43.897942, 43.615396, 43.413068 ] }, { "date": "2026-03-06", "close": 44.468712, "volume": 739036, "typical_volume": 798525.05, "trend": 43.274892, "fair_value": 38.179437, "relative_strength": -23.075647, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.319602, "energy": 65.024862, "activity_lines": [ 44.468713, 44.050719, 43.711832, 43.498538 ] }, { "date": "2026-03-13", "close": 44.940781, "volume": 644110, "typical_volume": 774366.3, "trend": 43.330321, "fair_value": 38.309767, "relative_strength": -21.070295, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.505178, "energy": 68.85462, "activity_lines": [ 44.707894, 44.261862, 43.840864, 43.606014 ] }, { "date": "2026-03-20", "close": 45.460056, "volume": 677548, "typical_volume": 776292.7, "trend": 43.426613, "fair_value": 38.443676, "relative_strength": -19.750514, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.272106, "energy": 69.563824, "activity_lines": [ 45.019459, 44.538236, 44.009909, 43.743417 ] }, { "date": "2026-03-27", "close": 45.64888, "volume": 570070, "typical_volume": 771442.55, "trend": 43.532143, "fair_value": 38.582802, "relative_strength": -17.616426, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.510672, "energy": 59.299776, "activity_lines": [ 45.261786, 44.813752, 44.189519, 43.886789 ] }, { "date": "2026-04-03", "close": 46.451397, "volume": 825173, "typical_volume": 711094.05, "trend": 43.614374, "fair_value": 38.724067, "relative_strength": -14.078728, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.467574, "energy": 68.495974, "activity_lines": [ 45.70553, 45.192264, 44.435219, 44.075128 ] }, { "date": "2026-04-10", "close": 47.159496, "volume": 1383197, "typical_volume": 707487.75, "trend": 43.727568, "fair_value": 38.871123, "relative_strength": -19.045998, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.692957, "energy": 77.861545, "activity_lines": [ 46.29404, 45.631715, 44.742962, 44.303845 ] }, { "date": "2026-04-17", "close": 47.962009, "volume": 2147846, "typical_volume": 782988.7, "trend": 43.866041, "fair_value": 39.023073, "relative_strength": -20.118013, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.527962, "energy": 79.110001, "activity_lines": [ 46.970669, 46.156139, 45.1105, 44.577035 ] }, { "date": "2026-04-24", "close": 47.773182, "volume": 1179986, "typical_volume": 820621.95, "trend": 44.065883, "fair_value": 39.175065, "relative_strength": -24.035272, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.387729, "energy": 74.40454, "activity_lines": [ 47.382941, 46.563833, 45.433304, 44.829109 ] }, { "date": "2026-05-01", "close": 48.906143, "volume": 858114, "typical_volume": 844477.0, "trend": 44.316078, "fair_value": 39.336323, "relative_strength": -21.506557, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.589274, "energy": 79.86903, "activity_lines": [ 48.018657, 47.099414, 45.841529, 45.141384 ] }, { "date": "2026-05-08", "close": 49.000561, "volume": 1042458, "typical_volume": 879374.55, "trend": 44.563127, "fair_value": 39.497935, "relative_strength": -25.67312, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.610778, "energy": 72.428024, "activity_lines": [ 48.468696, 47.574915, 46.231997, 45.443608 ] }, { "date": "2026-05-15", "close": 48.434078, "volume": 836849, "typical_volume": 901403.25, "trend": 44.781851, "fair_value": 39.653913, "relative_strength": -24.960721, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.828652, "energy": 57.89954, "activity_lines": [ 48.559962, 47.87618, 46.539739, 45.693347 ] }, { "date": "2026-05-22", "close": 51.360893, "volume": 1077793, "typical_volume": 938240.75, "trend": 45.061944, "fair_value": 39.828152, "relative_strength": -21.759288, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.268817, "energy": 75.157401, "activity_lines": [ 49.541862, 48.637495, 47.100151, 46.117801 ] }, { "date": "2026-05-29", "close": 50.133518, "volume": 1081307, "typical_volume": 962550.45, "trend": 45.269654, "fair_value": 39.993772, "relative_strength": -27.081407, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.410704, "energy": 61.573133, "activity_lines": [ 49.888044, 49.058922, 47.505454, 46.445 ] }, { "date": "2026-06-05", "close": 50.511173, "volume": 688804, "typical_volume": 966787.6, "trend": 45.504114, "fair_value": 40.161562, "relative_strength": -26.315871, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.295636, "energy": 61.735911, "activity_lines": [ 50.202756, 49.464042, 47.915253, 46.783162 ] }, { "date": "2026-06-12", "close": 50.227932, "volume": 706052, "typical_volume": 937165.1, "trend": 45.667764, "fair_value": 40.32353, "relative_strength": -24.522307, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.771884, "energy": 59.040775, "activity_lines": [ 50.316051, 49.729258, 48.263684, 47.087925 ] }, { "date": "2026-06-19", "close": 51.738544, "volume": 682011, "typical_volume": 922857.4, "trend": 45.936842, "fair_value": 40.49418, "relative_strength": -25.421202, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.329091, "energy": 58.733419, "activity_lines": [ 50.85106, 50.200466, 48.72024, 47.479588 ] }, { "date": "2026-06-26", "close": 51.077652, "volume": 690369, "typical_volume": 909452.7, "trend": 46.22795, "fair_value": 40.658841, "relative_strength": -22.599279, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.147305, "energy": 53.965766, "activity_lines": [ 50.945473, 50.468257, 49.076088, 47.811253 ] }, { "date": "2026-07-03", "close": 51.360893, "volume": 645356, "typical_volume": 917899.85, "trend": 46.504896, "fair_value": 40.823314, "relative_strength": -25.168975, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.022673, "energy": 53.99563, "activity_lines": [ 51.153183, 50.730898, 49.422495, 48.142411 ] }, { "date": "2026-07-10", "close": 48.400002, "volume": 0, "typical_volume": 886523.8, "trend": 46.675278, "fair_value": 40.969057, "relative_strength": -26.535601, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.695796, "energy": 36.416005, "activity_lines": [ 50.292104, 50.389964, 49.449373, 48.264675 ] }, { "date": "2026-07-17", "close": 49.099998, "volume": 2529894, "typical_volume": 950298.65, "trend": 46.880008, "fair_value": 41.118286, "relative_strength": -20.121075, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.63954, "energy": 25.003784, "activity_lines": [ 49.805102, 50.185504, 49.525095, 48.421109 ] }, { "date": "2026-07-24", "close": 49.75, "volume": 601836, "typical_volume": 943438.65, "trend": 47.106405, "fair_value": 41.266925, "relative_strength": -20.230346, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.988049, "energy": 21.617766, "activity_lines": [ 49.609962, 50.097419, 49.643591, 48.60627 ] }, { "date": "2026-07-31", "close": 50.599998, "volume": 861480, "typical_volume": 954307.15, "trend": 47.348546, "fair_value": 41.421512, "relative_strength": -17.22644, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.019727, "energy": 23.611673, "activity_lines": [ 49.830725, 50.139953, 49.817889, 48.831663 ] }, { "date": "2026-08-07", "close": 49.0, "volume": 877359, "typical_volume": 964297.7, "trend": 47.53106, "fair_value": 41.564341, "relative_strength": -21.183634, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.36396, "energy": 16.139329, "activity_lines": [ 49.549999, 49.905413, 49.812859, 48.938208 ] }, { "date": "2026-08-14", "close": 49.849998, "volume": 605006, "typical_volume": 966044.5, "trend": 47.749775, "fair_value": 41.70711, "relative_strength": -21.827829, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.876531, "energy": 13.384585, "activity_lines": [ 49.709999, 49.846027, 49.871924, 49.087817 ] } ], "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." } } }