{ "ticker": { "uuid": "044ddfc9-e739-494a-b32e-7e68416c9473", "symbol": "6170", "name": "Welldone Company", "exchange": "TWO", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 62.836, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -14.148, "architecture_energy": 22.698, "architecture_maturity": 10.015, "architecture_confidence": 47.154, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 52.64, "rotation_up": 18.25, "upward_expansion": 17.23, "deceleration": 56.42, "rotation_down": 52.23, "downward_expansion": 44.57 }, "activity_lines": [ 46.803333, 47.077893, 47.36932, 47.291827 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 47.0, "trend_reference": 46.990925, "distance_from_trend": 0.000193, "trend_direction": "Improving", "fair_value": 45.371923, "distance_from_fair_value": 0.035883, "fair_value_direction": "Weakening", "relative_strength": -28.997043, "relative_strength_direction": "Improving", "price_momentum": 0.017847, "excess_performance": -0.423525, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.000193, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006777, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.035883, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.014796, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.28997, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.033199, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.017847, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.898388, "read": "Supply-led" } ], "volume": { "latest": 620524, "relative_activity": 0.442298, "balance": 0.898388, "dry_up": 0.63143, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.029814, "annualized_volatility": 0.138541, "from_high_reference": -0.059291, "from_low_reference": 0.100375 }, "levels": { "trend_reference": 46.990925, "fair_value_reference": 45.371923, "structural_low": 42.712715, "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": 15, "median_return": 0.008741, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.033269, "regime_survival": 0.533333, "best_return": 0.121339, "worst_return": -0.27209, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.048027, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.084233, "regime_survival": 0.285714, "best_return": 0.216216, "worst_return": -0.105222, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.001409, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.090623, "regime_survival": 0.0, "best_return": 0.045722, "worst_return": -0.051401, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.047271, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.239219, "regime_survival": 0.0, "best_return": 0.1669, "worst_return": 0.040208, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2024-11-15", "tenure": "Developing", "return": 0.028939, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-02-07", "tenure": "Developing", "return": 0.08316, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.108902, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": -0.035497, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.047813, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-18", "tenure": "New", "return": 0.013229, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-09-26", "tenure": "Developing", "return": 0.028226, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2026-01-02", "tenure": "Established", "return": -0.032227, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": 0.010132, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": 0.026316, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.013333, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.007843, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-10", "tenure": "Developing", "return": -0.017984, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-14", "tenure": "Developing", "return": 0.009667, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 39.73587, "volume": 7040000, "typical_volume": 2414950.0, "trend": 31.899541, "fair_value": 24.201829, "relative_strength": 26.599341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.585688, "energy": 88.978625, "activity_lines": [ 39.122446, 36.923899, 34.553983, 33.430816 ] }, { "date": "2023-08-18", "close": 41.557098, "volume": 13080000, "typical_volume": 3008350.0, "trend": 32.387722, "fair_value": 24.377206, "relative_strength": 32.730225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.224722, "energy": 89.29265, "activity_lines": [ 40.26844, 38.078542, 35.355364, 34.053884 ] }, { "date": "2023-08-25", "close": 51.822197, "volume": 47347000, "typical_volume": 5358650.0, "trend": 33.214127, "fair_value": 24.613354, "relative_strength": 61.935572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.917935, "energy": 96.470777, "activity_lines": [ 44.393797, 40.903597, 37.087745, 35.307721 ] }, { "date": "2023-09-01", "close": 48.014175, "volume": 13564000, "typical_volume": 5982150.0, "trend": 33.864931, "fair_value": 24.827835, "relative_strength": 46.624968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.030415, "energy": 85.804884, "activity_lines": [ 46.162595, 42.652241, 38.363076, 36.262563 ] }, { "date": "2023-09-08", "close": 45.86182, "volume": 6191000, "typical_volume": 6247900.0, "trend": 34.430836, "fair_value": 25.034237, "relative_strength": 39.142784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.582163, "energy": 72.557485, "activity_lines": [ 46.645497, 43.758595, 39.356045, 37.036556 ] }, { "date": "2023-09-15", "close": 47.269131, "volume": 7078000, "typical_volume": 6570200.0, "trend": 35.046282, "fair_value": 25.249659, "relative_strength": 38.935315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.274116, "energy": 65.733278, "activity_lines": [ 47.26913, 44.881741, 40.40934, 37.864833 ] }, { "date": "2023-09-22", "close": 46.110165, "volume": 3148000, "typical_volume": 6693250.0, "trend": 35.604681, "fair_value": 25.458339, "relative_strength": 38.761953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.191729, "energy": 59.719635, "activity_lines": [ 47.004224, 45.535953, 41.26941, 38.578632 ] }, { "date": "2023-09-29", "close": 45.530685, "volume": 1869000, "typical_volume": 6731750.0, "trend": 36.04643, "fair_value": 25.663532, "relative_strength": 35.521264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.402108, "energy": 51.168332, "activity_lines": [ 46.24262, 45.881384, 42.002412, 39.219019 ] }, { "date": "2023-10-06", "close": 48.842007, "volume": 4581000, "typical_volume": 6896100.0, "trend": 36.655116, "fair_value": 25.889266, "relative_strength": 42.258239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.857803, "energy": 53.436242, "activity_lines": [ 47.004223, 46.646751, 42.975082, 40.044541 ] }, { "date": "2023-10-13", "close": 49.669838, "volume": 8030000, "typical_volume": 7248450.0, "trend": 37.303234, "fair_value": 26.128539, "relative_strength": 40.846849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.041083, "energy": 53.384878, "activity_lines": [ 47.986582, 47.392551, 43.943207, 40.8842 ] }, { "date": "2023-10-20", "close": 45.779034, "volume": 3368000, "typical_volume": 7378800.0, "trend": 37.776937, "fair_value": 26.341956, "relative_strength": 31.387621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.915113, "energy": 44.453741, "activity_lines": [ 47.418139, 47.27214, 44.454017, 41.431026 ] }, { "date": "2023-10-27", "close": 46.937996, "volume": 1929000, "typical_volume": 7428800.0, "trend": 38.282695, "fair_value": 26.561431, "relative_strength": 36.053321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.301711, "energy": 43.622226, "activity_lines": [ 47.335355, 47.252572, 45.007532, 42.022062 ] }, { "date": "2023-11-03", "close": 44.620068, "volume": 1964000, "typical_volume": 7501550.0, "trend": 38.703298, "fair_value": 26.768562, "relative_strength": 25.457962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.378054, "energy": 30.497631, "activity_lines": [ 46.424741, 46.713729, 45.263344, 42.430925 ] }, { "date": "2023-11-10", "close": 44.620068, "volume": 3468000, "typical_volume": 7433150.0, "trend": 39.131792, "fair_value": 26.973864, "relative_strength": 23.371344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.48057, "energy": 19.941751, "activity_lines": [ 45.574834, 46.305834, 45.452868, 42.812652 ] }, { "date": "2023-11-17", "close": 44.702854, "volume": 2771000, "typical_volume": 7495300.0, "trend": 39.609082, "fair_value": 27.177409, "relative_strength": 18.916628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.415373, "energy": 18.927455, "activity_lines": [ 45.033985, 45.974702, 45.600713, 43.172075 ] }, { "date": "2023-11-24", "close": 44.702854, "volume": 2223000, "typical_volume": 7558400.0, "trend": 40.103472, "fair_value": 27.37844, "relative_strength": 17.522523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.371218, "energy": 17.039299, "activity_lines": [ 44.824268, 45.664642, 45.691461, 43.500706 ] }, { "date": "2023-12-01", "close": 44.951202, "volume": 1660000, "typical_volume": 7275450.0, "trend": 40.567995, "fair_value": 27.579919, "relative_strength": 16.312772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.658121, "energy": 14.588065, "activity_lines": [ 44.769079, 45.446395, 45.750453, 43.813462 ] }, { "date": "2023-12-08", "close": 48.510872, "volume": 4183000, "typical_volume": 7268550.0, "trend": 41.197211, "fair_value": 27.80513, "relative_strength": 24.888573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.309825, "energy": 28.046693, "activity_lines": [ 46.0329, 45.896434, 46.100704, 44.325906 ] }, { "date": "2023-12-15", "close": 47.683044, "volume": 10475000, "typical_volume": 7497300.0, "trend": 41.742273, "fair_value": 28.018175, "relative_strength": 19.911968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.281993, "energy": 31.383247, "activity_lines": [ 46.761392, 46.141773, 46.310224, 44.744347 ] }, { "date": "2023-12-22", "close": 45.944595, "volume": 2481000, "typical_volume": 7322500.0, "trend": 42.225441, "fair_value": 28.222135, "relative_strength": 15.40347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.63722, "energy": 28.400613, "activity_lines": [ 46.706202, 46.092102, 46.315152, 45.015464 ] }, { "date": "2023-12-29", "close": 44.86842, "volume": 2642000, "typical_volume": 7102600.0, "trend": 42.668791, "fair_value": 28.421253, "relative_strength": 10.077303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.148775, "energy": 22.732689, "activity_lines": [ 46.209504, 45.914495, 46.193736, 45.185979 ] }, { "date": "2024-01-05", "close": 48.179741, "volume": 10486000, "typical_volume": 6972900.0, "trend": 43.248824, "fair_value": 28.641827, "relative_strength": 20.149332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.325925, "energy": 25.107445, "activity_lines": [ 46.805542, 46.355503, 46.363245, 45.541524 ] }, { "date": "2024-01-12", "close": 45.282333, "volume": 4097000, "typical_volume": 4810400.0, "trend": 43.734907, "fair_value": 28.844971, "relative_strength": 12.343075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.508001, "energy": 12.015302, "activity_lines": [ 46.220542, 46.247133, 46.225273, 45.672718 ] }, { "date": "2024-01-19", "close": 43.957802, "volume": 2648001, "typical_volume": 4264600.05, "trend": 44.059776, "fair_value": 29.038024, "relative_strength": 7.414588, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.081113, "energy": 5.637129, "activity_lines": [ 45.409267, 45.885897, 45.992297, 45.687099 ] }, { "date": "2024-01-26", "close": 44.040588, "volume": 1355000, "typical_volume": 4022800.05, "trend": 44.437386, "fair_value": 29.232979, "relative_strength": 5.185016, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.066655, "energy": 7.350205, "activity_lines": [ 44.873937, 45.551754, 45.786522, 45.685861 ] }, { "date": "2024-02-02", "close": 43.79224, "volume": 1540000, "typical_volume": 3745900.05, "trend": 44.79488, "fair_value": 29.432975, "relative_strength": 3.702719, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.633245, "energy": 25.745876, "activity_lines": [ 44.382758, 45.184499, 45.565767, 45.644239 ] }, { "date": "2024-02-09", "close": 44.040588, "volume": 368000, "typical_volume": 3606900.05, "trend": 45.098832, "fair_value": 29.635705, "relative_strength": 3.587943, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.047631, "energy": 39.082927, "activity_lines": [ 44.046107, 44.878954, 45.385221, 45.595575 ] }, { "date": "2024-02-16", "close": 46.275734, "volume": 1338000, "typical_volume": 3580350.05, "trend": 45.457559, "fair_value": 29.854365, "relative_strength": 5.315304, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.203871, "energy": 21.151169, "activity_lines": [ 44.730448, 44.996356, 45.427402, 45.671504 ] }, { "date": "2024-02-23", "close": 47.765827, "volume": 12513000, "typical_volume": 3976950.05, "trend": 45.733502, "fair_value": 30.083262, "relative_strength": 6.532929, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.458837, "energy": 7.707632, "activity_lines": [ 45.84526, 45.425323, 45.607948, 45.820424 ] }, { "date": "2024-03-01", "close": 45.86182, "volume": 4840000, "typical_volume": 3817450.05, "trend": 45.897689, "fair_value": 30.296752, "relative_strength": 1.74216, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.297371, "energy": 9.664089, "activity_lines": [ 46.071535, 45.506602, 45.612284, 45.828703 ] }, { "date": "2024-03-08", "close": 43.79224, "volume": 5019000, "typical_volume": 3900000.05, "trend": 46.032901, "fair_value": 30.495833, "relative_strength": -7.202518, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.444161, "energy": 19.777003, "activity_lines": [ 45.486534, 45.213099, 45.437651, 45.692867 ] }, { "date": "2024-03-15", "close": 44.123371, "volume": 3753000, "typical_volume": 3991200.05, "trend": 46.118444, "fair_value": 30.696807, "relative_strength": -6.228435, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.42262, "energy": 15.401373, "activity_lines": [ 45.011911, 44.999368, 45.304016, 45.569672 ] }, { "date": "2024-03-22", "close": 44.371719, "volume": 2614000, "typical_volume": 4023700.05, "trend": 45.870094, "fair_value": 30.89663, "relative_strength": -8.400324, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.36252, "energy": 32.328895, "activity_lines": [ 44.614551, 44.904543, 45.207435, 45.45698 ] }, { "date": "2024-03-29", "close": 44.702854, "volume": 1558000, "typical_volume": 3928200.05, "trend": 45.759717, "fair_value": 31.089656, "relative_strength": -8.165089, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.58121, "energy": 34.295086, "activity_lines": [ 44.454504, 44.886481, 45.143574, 45.381674 ] }, { "date": "2024-04-05", "close": 44.371719, "volume": 1008000, "typical_volume": 3840050.05, "trend": 45.710047, "fair_value": 31.275758, "relative_strength": -9.156009, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.435307, "energy": 37.283537, "activity_lines": [ 44.388277, 44.794667, 45.047782, 45.292126 ] }, { "date": "2024-04-12", "close": 45.86182, "volume": 4178000, "typical_volume": 3937800.05, "trend": 45.663137, "fair_value": 31.460663, "relative_strength": -8.07191, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.010672, "energy": 16.541736, "activity_lines": [ 44.91809, 44.96776, 45.095482, 45.301918 ] }, { "date": "2024-04-19", "close": 43.378326, "volume": 3464000, "typical_volume": 4028000.05, "trend": 45.572075, "fair_value": 31.618901, "relative_strength": -7.866417, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.928497, "energy": 26.109252, "activity_lines": [ 44.4821, 44.651679, 44.901139, 45.154511 ] }, { "date": "2024-04-26", "close": 42.698486, "volume": 1725462, "typical_volume": 3905123.15, "trend": 45.477669, "fair_value": 31.773695, "relative_strength": -12.128477, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.896617, "energy": 40.453425, "activity_lines": [ 43.869166, 44.224032, 44.649539, 44.969118 ] }, { "date": "2024-05-03", "close": 45.116772, "volume": 1640822, "typical_volume": 3463414.25, "trend": 45.353494, "fair_value": 31.94079, "relative_strength": -8.281099, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.06171, "energy": 22.348425, "activity_lines": [ 44.173876, 44.301115, 44.65593, 44.945834 ] }, { "date": "2024-05-10", "close": 46.689648, "volume": 3607000, "typical_volume": 3519714.25, "trend": 45.254155, "fair_value": 32.106761, "relative_strength": -7.07178, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.574708, "energy": 8.245866, "activity_lines": [ 44.975284, 44.712339, 44.82434, 45.032038 ] }, { "date": "2024-05-17", "close": 45.447899, "volume": 3126000, "typical_volume": 3543914.25, "trend": 45.243117, "fair_value": 32.276893, "relative_strength": -12.022074, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.05255, "energy": 7.65109, "activity_lines": [ 45.208247, 44.88274, 44.870939, 45.044537 ] }, { "date": "2024-05-24", "close": 44.28894, "volume": 2079000, "typical_volume": 3123564.25, "trend": 45.154815, "fair_value": 32.457433, "relative_strength": -15.584607, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.921006, "energy": 14.446031, "activity_lines": [ 45.082485, 44.812318, 44.804403, 44.982977 ] }, { "date": "2024-05-31", "close": 47.35191, "volume": 7247000, "typical_volume": 3281064.25, "trend": 45.245876, "fair_value": 32.65029, "relative_strength": -8.330709, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.323486, "energy": 24.039082, "activity_lines": [ 45.917005, 45.295789, 45.048105, 45.124725 ] }, { "date": "2024-06-07", "close": 49.587055, "volume": 8634000, "typical_volume": 3580364.2, "trend": 45.411442, "fair_value": 32.85656, "relative_strength": -7.334009, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 49.365773, "energy": 54.980723, "activity_lines": [ 47.186345, 46.131465, 45.494823, 45.404802 ] }, { "date": "2024-06-14", "close": 49.338699, "volume": 5524000, "typical_volume": 3788814.2, "trend": 45.565971, "fair_value": 33.061695, "relative_strength": -10.738347, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.868856, "energy": 70.293997, "activity_lines": [ 48.074882, 46.833182, 45.891082, 45.658173 ] }, { "date": "2024-06-21", "close": 48.759224, "volume": 6225000, "typical_volume": 4023064.2, "trend": 45.701183, "fair_value": 33.266774, "relative_strength": -14.69903, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.195246, "energy": 71.04245, "activity_lines": [ 48.593656, 47.339231, 46.206924, 45.864189 ] }, { "date": "2024-06-28", "close": 47.765827, "volume": 2745000, "typical_volume": 4141914.2, "trend": 45.795004, "fair_value": 33.46114, "relative_strength": -15.726897, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.006937, "energy": 65.147272, "activity_lines": [ 48.560543, 47.611982, 46.404504, 45.997392 ] }, { "date": "2024-07-05", "close": 48.262524, "volume": 2949000, "typical_volume": 4222464.2, "trend": 45.786725, "fair_value": 33.645427, "relative_strength": -16.787806, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.003899, "energy": 48.825112, "activity_lines": [ 48.461204, 47.895269, 46.63165, 46.156587 ] }, { "date": "2024-07-12", "close": 49.255924, "volume": 6111000, "typical_volume": 3902364.2, "trend": 45.839155, "fair_value": 33.763871, "relative_strength": -16.379968, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.775817, "energy": 40.764315, "activity_lines": [ 48.63229, 48.258009, 46.943944, 46.380406 ] }, { "date": "2024-07-19", "close": 45.29081, "volume": 4429000, "typical_volume": 3881814.2, "trend": 45.817362, "fair_value": 33.871599, "relative_strength": -19.52314, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.616003, "energy": 16.406667, "activity_lines": [ 47.503746, 47.824563, 46.871513, 46.345029 ] }, { "date": "2024-07-26", "close": 44.943748, "volume": 1457000, "typical_volume": 3703714.2, "trend": 45.819873, "fair_value": 33.952678, "relative_strength": -17.269185, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.658567, "energy": 13.84408, "activity_lines": [ 46.529375, 47.353448, 46.768747, 46.288667 ] }, { "date": "2024-08-02", "close": 43.989346, "volume": 2082000, "typical_volume": 3620164.2, "trend": 45.680193, "fair_value": 34.030721, "relative_strength": -16.967192, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -14.665179, "energy": 21.135157, "activity_lines": [ 45.491235, 46.717971, 46.569603, 46.170568 ] }, { "date": "2024-08-09", "close": 41.776867, "volume": 3448000, "typical_volume": 3661864.2, "trend": 45.563344, "fair_value": 34.115213, "relative_strength": -20.241896, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -36.195354, "energy": 37.39829, "activity_lines": [ 43.967367, 45.685673, 46.160384, 45.918741 ] }, { "date": "2024-08-16", "close": 40.995991, "volume": 1774000, "typical_volume": 3672664.2, "trend": 45.464617, "fair_value": 34.19304, "relative_strength": -24.396963, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.50934, "energy": 59.504348, "activity_lines": [ 42.615584, 44.612762, 45.689153, 45.624073 ] }, { "date": "2024-08-23", "close": 40.17173, "volume": 1479000, "typical_volume": 3696214.2, "trend": 45.335655, "fair_value": 34.268428, "relative_strength": -24.480636, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.100437, "energy": 80.6115, "activity_lines": [ 41.53971, 43.546187, 45.157072, 45.282596 ] }, { "date": "2024-08-30", "close": 40.475403, "volume": 1681000, "typical_volume": 3571364.2, "trend": 45.225094, "fair_value": 34.358806, "relative_strength": -23.633047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.622121, "energy": 81.289476, "activity_lines": [ 40.906333, 42.701496, 44.673913, 44.969032 ] }, { "date": "2024-09-06", "close": 37.959248, "volume": 1944000, "typical_volume": 3495364.2, "trend": 45.022383, "fair_value": 34.41764, "relative_strength": -24.993978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.694645, "energy": 88.320097, "activity_lines": [ 39.732126, 41.549938, 43.976769, 44.500267 ] }, { "date": "2024-09-13", "close": 38.653358, "volume": 1479000, "typical_volume": 3483041.1, "trend": 44.768304, "fair_value": 34.482821, "relative_strength": -24.132764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.339529, "energy": 84.481569, "activity_lines": [ 39.191296, 40.702884, 43.371536, 44.089363 ] }, { "date": "2024-09-20", "close": 39.260708, "volume": 792000, "typical_volume": 3440600.0, "trend": 44.4848, "fair_value": 34.548575, "relative_strength": -23.673013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.537642, "energy": 80.308028, "activity_lines": [ 39.06115, 40.140968, 42.843409, 43.734034 ] }, { "date": "2024-09-27", "close": 39.65115, "volume": 1197000, "typical_volume": 3320100.0, "trend": 44.277777, "fair_value": 34.61375, "relative_strength": -24.499796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.580585, "energy": 70.391694, "activity_lines": [ 39.176837, 39.831774, 42.380352, 43.422186 ] }, { "date": "2024-10-04", "close": 38.002628, "volume": 695000, "typical_volume": 3198550.0, "trend": 44.08479, "fair_value": 34.66148, "relative_strength": -25.168087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.400864, "energy": 59.38183, "activity_lines": [ 38.777722, 39.325387, 41.79381, 43.017337 ] }, { "date": "2024-10-11", "close": 39.304089, "volume": 1381000, "typical_volume": 3163650.0, "trend": 43.924147, "fair_value": 34.733677, "relative_strength": -23.829516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.379709, "energy": 51.04471, "activity_lines": [ 38.977279, 39.181832, 41.366671, 42.708905 ] }, { "date": "2024-10-18", "close": 38.87027, "volume": 1546000, "typical_volume": 2878600.0, "trend": 43.740766, "fair_value": 34.802383, "relative_strength": -25.833485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.014863, "energy": 51.055806, "activity_lines": [ 38.942573, 39.044587, 40.921953, 42.382848 ] }, { "date": "2024-10-25", "close": 41.993774, "volume": 2564000, "typical_volume": 2575100.0, "trend": 43.650463, "fair_value": 34.879729, "relative_strength": -18.618351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.432937, "energy": 34.327921, "activity_lines": [ 39.934575, 39.528099, 40.8151, 42.270139 ] }, { "date": "2024-11-01", "close": 43.25185, "volume": 1382000, "typical_volume": 2368000.0, "trend": 43.613134, "fair_value": 34.952807, "relative_strength": -13.483426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.570696, "energy": 21.226099, "activity_lines": [ 41.163731, 40.22221, 40.864222, 42.244422 ] }, { "date": "2024-11-08", "close": 42.991562, "volume": 1475000, "typical_volume": 2130500.0, "trend": 43.517459, "fair_value": 34.984615, "relative_strength": -16.205592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.371461, "energy": 24.727738, "activity_lines": [ 42.066077, 40.812995, 40.91754, 42.204321 ] }, { "date": "2024-11-15", "close": 41.646721, "volume": 2024000, "typical_volume": 2094450.0, "trend": 43.459739, "fair_value": 35.0263, "relative_strength": -15.359031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.876242, "energy": 25.577351, "activity_lines": [ 42.187548, 41.113514, 40.870243, 42.083628 ] }, { "date": "2024-11-22", "close": 41.733482, "volume": 911631, "typical_volume": 1992581.55, "trend": 43.427572, "fair_value": 35.074231, "relative_strength": -15.205267, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.342545, "energy": 22.900715, "activity_lines": [ 42.181764, 41.362764, 40.860347, 41.972257 ] }, { "date": "2024-11-29", "close": 42.861416, "volume": 985000, "typical_volume": 1736281.55, "trend": 43.352393, "fair_value": 35.125836, "relative_strength": -9.876603, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.227331, "energy": 18.039422, "activity_lines": [ 42.361076, 41.76109, 40.988965, 41.93573 ] }, { "date": "2024-12-06", "close": 44.50993, "volume": 1477000, "typical_volume": 1588681.55, "trend": 43.279736, "fair_value": 35.197257, "relative_strength": -9.455859, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 20.141548, "energy": 36.80065, "activity_lines": [ 43.032051, 42.393678, 41.305034, 42.01041 ] }, { "date": "2024-12-13", "close": 43.165089, "volume": 1287000, "typical_volume": 1580181.55, "trend": 43.203642, "fair_value": 35.262665, "relative_strength": -10.867044, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.031621, "energy": 32.246795, "activity_lines": [ 43.170873, 42.693408, 41.496741, 42.003014 ] }, { "date": "2024-12-20", "close": 42.08054, "volume": 652000, "typical_volume": 1508681.55, "trend": 43.130029, "fair_value": 35.326813, "relative_strength": -10.530449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.731829, "energy": 19.991974, "activity_lines": [ 42.936611, 42.702085, 41.593627, 41.930555 ] }, { "date": "2024-12-27", "close": 42.340832, "volume": 383000, "typical_volume": 1355431.55, "trend": 42.962993, "fair_value": 35.395712, "relative_strength": -12.386542, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.635606, "energy": 14.953861, "activity_lines": [ 42.760191, 42.707606, 41.724393, 41.879639 ] }, { "date": "2025-01-03", "close": 43.295235, "volume": 1631000, "typical_volume": 1348281.55, "trend": 42.753266, "fair_value": 35.45152, "relative_strength": -8.243896, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.275799, "energy": 17.788508, "activity_lines": [ 42.861415, 42.823555, 41.943369, 41.901074 ] }, { "date": "2025-01-10", "close": 42.731266, "volume": 406000, "typical_volume": 1294631.55, "trend": 42.533018, "fair_value": 35.518654, "relative_strength": -9.229069, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.178657, "energy": 8.848648, "activity_lines": [ 42.745729, 42.8133, 42.097685, 41.899655 ] }, { "date": "2025-01-17", "close": 41.47319, "volume": 593000, "typical_volume": 1240231.55, "trend": 42.29015, "fair_value": 35.581042, "relative_strength": -11.844462, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.737981, "energy": 5.228174, "activity_lines": [ 42.329262, 42.58377, 42.119996, 41.831279 ] }, { "date": "2025-01-24", "close": 41.516571, "volume": 235000, "typical_volume": 1154781.55, "trend": 42.081842, "fair_value": 35.665526, "relative_strength": -12.603173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.185073, "energy": 8.358642, "activity_lines": [ 42.040048, 42.389734, 42.141686, 41.781371 ] }, { "date": "2025-02-07", "close": 45.204041, "volume": 1145160, "typical_volume": 1138089.55, "trend": 41.979892, "fair_value": 35.777915, "relative_strength": -4.193853, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.331318, "energy": 35.090461, "activity_lines": [ 43.017588, 42.868513, 42.497625, 41.982803 ] }, { "date": "2025-02-14", "close": 45.81139, "volume": 2104193, "typical_volume": 1203699.2, "trend": 41.865074, "fair_value": 35.902735, "relative_strength": -1.110327, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.211472, "energy": 60.67633, "activity_lines": [ 44.006698, 43.394618, 42.880213, 42.229996 ] }, { "date": "2025-02-21", "close": 46.505501, "volume": 881848, "typical_volume": 1187941.6, "trend": 41.905564, "fair_value": 36.02157, "relative_strength": -1.556814, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.957855, "energy": 77.009979, "activity_lines": [ 45.059435, 43.993289, 43.297713, 42.529379 ] }, { "date": "2025-02-28", "close": 50.756939, "volume": 9338336, "typical_volume": 1620108.4, "trend": 42.099337, "fair_value": 36.167658, "relative_strength": 10.948721, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.023061, "energy": 90.123258, "activity_lines": [ 47.277701, 45.328666, 44.087472, 43.100435 ] }, { "date": "2025-03-07", "close": 49.715767, "volume": 3808095, "typical_volume": 1741463.15, "trend": 42.290218, "fair_value": 36.314186, "relative_strength": 11.206342, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.172347, "energy": 88.439526, "activity_lines": [ 48.529994, 46.336706, 44.717337, 43.591818 ] }, { "date": "2025-03-14", "close": 49.715767, "volume": 3260620, "typical_volume": 1827194.15, "trend": 42.554848, "fair_value": 36.461662, "relative_strength": 14.22909, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.569639, "energy": 85.153318, "activity_lines": [ 49.235674, 47.205923, 45.297623, 44.070885 ] }, { "date": "2025-03-21", "close": 50.14959, "volume": 2670627, "typical_volume": 1832525.5, "trend": 42.859968, "fair_value": 36.630654, "relative_strength": 13.957205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.570136, "energy": 82.516118, "activity_lines": [ 49.78518, 48.019927, 45.86758, 44.560869 ] }, { "date": "2025-03-28", "close": 49.021656, "volume": 1987612, "typical_volume": 1862806.1, "trend": 43.154965, "fair_value": 36.792415, "relative_strength": 14.435976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.904852, "energy": 56.996061, "activity_lines": [ 49.669494, 48.504228, 46.291277, 44.958397 ] }, { "date": "2025-04-04", "close": 48.24078, "volume": 1403758, "typical_volume": 1859244.0, "trend": 43.413811, "fair_value": 36.949407, "relative_strength": 14.155054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.416157, "energy": 47.186371, "activity_lines": [ 49.125773, 48.73218, 46.61313, 45.286514 ] }, { "date": "2025-04-11", "close": 40.82246, "volume": 4211469, "typical_volume": 1968617.45, "trend": 43.509252, "fair_value": 37.047938, "relative_strength": 5.446765, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.169054, "energy": 11.71489, "activity_lines": [ 46.277022, 47.4883, 46.20348, 45.11933 ] }, { "date": "2025-04-18", "close": 42.774651, "volume": 1988046, "typical_volume": 2022438.2, "trend": 43.646628, "fair_value": 37.169654, "relative_strength": 11.257963, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.419599, "energy": 19.472362, "activity_lines": [ 44.671889, 46.611984, 45.983678, 45.071936 ] }, { "date": "2025-04-25", "close": 42.514359, "volume": 1534414, "typical_volume": 2049908.9, "trend": 43.755083, "fair_value": 37.299662, "relative_strength": 8.008826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.889418, "energy": 28.36078, "activity_lines": [ 43.442733, 45.732513, 45.734128, 44.998887 ] }, { "date": "2025-05-02", "close": 44.162876, "volume": 866420, "typical_volume": 2019379.9, "trend": 43.905474, "fair_value": 37.429328, "relative_strength": 7.256453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.108528, "energy": 28.488098, "activity_lines": [ 43.272098, 45.212718, 45.643233, 45.025196 ] }, { "date": "2025-05-09", "close": 43.642288, "volume": 1273179, "typical_volume": 2018688.85, "trend": 44.093463, "fair_value": 37.552575, "relative_strength": 5.482237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.972303, "energy": 23.411709, "activity_lines": [ 43.251852, 44.640865, 45.50441, 45.008216 ] }, { "date": "2025-05-16", "close": 43.338615, "volume": 1595342, "typical_volume": 2065855.95, "trend": 44.227947, "fair_value": 37.662729, "relative_strength": 0.559534, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.593827, "energy": 19.418041, "activity_lines": [ 43.436948, 44.143155, 45.334394, 44.959516 ] }, { "date": "2025-05-23", "close": 42.427597, "volume": 967222, "typical_volume": 2095067.05, "trend": 44.346525, "fair_value": 37.771312, "relative_strength": -0.510894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.534443, "energy": 18.53377, "activity_lines": [ 43.150628, 43.595753, 45.071623, 44.843365 ] }, { "date": "2025-05-30", "close": 41.256279, "volume": 1041021, "typical_volume": 2065568.1, "trend": 44.321941, "fair_value": 37.871438, "relative_strength": -1.759451, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.786243, "energy": 27.469674, "activity_lines": [ 42.497005, 42.967897, 44.696885, 44.643994 ] }, { "date": "2025-06-06", "close": 41.256279, "volume": 514819, "typical_volume": 2071009.05, "trend": 44.255422, "fair_value": 37.975358, "relative_strength": -2.865772, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.928247, "energy": 38.51067, "activity_lines": [ 41.927255, 42.501738, 44.331857, 44.446209 ] }, { "date": "2025-06-13", "close": 42.644505, "volume": 1076281, "typical_volume": 2095173.1, "trend": 44.243854, "fair_value": 38.07964, "relative_strength": -1.146376, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.798961, "energy": 39.225119, "activity_lines": [ 42.014019, 42.429172, 44.106064, 44.342279 ] }, { "date": "2025-06-20", "close": 42.557739, "volume": 1061667, "typical_volume": 2136506.45, "trend": 44.274221, "fair_value": 38.184552, "relative_strength": -0.970505, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.12627, "energy": 42.854554, "activity_lines": [ 42.13838, 42.44258, 43.86643, 44.233498 ] }, { "date": "2025-06-27", "close": 44.683456, "volume": 2178724, "typical_volume": 2188184.65, "trend": 44.372553, "fair_value": 38.323484, "relative_strength": 1.6337, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -33.752948, "energy": 18.560796, "activity_lines": [ 43.023373, 42.810933, 43.824287, 44.2599 ] }, { "date": "2025-07-04", "close": 45.117279, "volume": 1483136, "typical_volume": 2157131.8, "trend": 44.447749, "fair_value": 38.47492, "relative_strength": 2.842751, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.599777, "energy": 16.224544, "activity_lines": [ 43.902582, 43.223456, 43.82594, 44.307947 ] }, { "date": "2025-07-11", "close": 44.975338, "volume": 3106164, "typical_volume": 2268347.6, "trend": 44.463263, "fair_value": 38.640148, "relative_strength": 1.67437, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.000125, "energy": 16.112036, "activity_lines": [ 44.477077, 43.562847, 43.81738, 44.341985 ] }, { "date": "2025-07-18", "close": 45.714149, "volume": 880258, "typical_volume": 1845443.7, "trend": 44.548231, "fair_value": 38.806792, "relative_strength": 0.654918, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.964922, "energy": 28.857848, "activity_lines": [ 45.049906, 44.021794, 43.886469, 44.422687 ] }, { "date": "2025-07-25", "close": 45.806499, "volume": 730658, "typical_volume": 1691571.85, "trend": 44.67243, "fair_value": 38.970661, "relative_strength": 0.959084, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.779487, "energy": 41.031382, "activity_lines": [ 45.448875, 44.459862, 43.988367, 44.503866 ] }, { "date": "2025-08-01", "close": 45.390921, "volume": 1056645, "typical_volume": 1581373.1, "trend": 44.774099, "fair_value": 39.136166, "relative_strength": -0.161821, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.329593, "energy": 40.558168, "activity_lines": [ 45.492734, 44.7775, 44.069302, 44.55022 ] }, { "date": "2025-08-08", "close": 47.099426, "volume": 1246700, "typical_volume": 1510176.75, "trend": 44.900906, "fair_value": 39.307817, "relative_strength": 1.137446, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.23636, "energy": 51.939657, "activity_lines": [ 46.05893, 45.351897, 44.333546, 44.700241 ] }, { "date": "2025-08-15", "close": 49.038815, "volume": 2123581, "typical_volume": 1516975.2, "trend": 45.111157, "fair_value": 39.480518, "relative_strength": 3.875151, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.509829, "energy": 62.078694, "activity_lines": [ 47.139446, 46.172671, 44.797018, 44.967203 ] }, { "date": "2025-08-22", "close": 48.484703, "volume": 1404260, "typical_volume": 1517000.3, "trend": 45.344875, "fair_value": 39.647895, "relative_strength": 4.950598, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.766484, "energy": 63.313536, "activity_lines": [ 47.76436, 46.751196, 45.207636, 45.184851 ] }, { "date": "2025-08-29", "close": 47.561188, "volume": 1443218, "typical_volume": 1378587.75, "trend": 45.546362, "fair_value": 39.798224, "relative_strength": 0.811347, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.163654, "energy": 60.931613, "activity_lines": [ 47.896731, 47.055625, 45.529138, 45.327839 ] }, { "date": "2025-09-05", "close": 47.191776, "volume": 901030, "typical_volume": 1324236.95, "trend": 45.61262, "fair_value": 39.948966, "relative_strength": -1.145885, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.647926, "energy": 51.99263, "activity_lines": [ 47.788986, 47.201915, 45.783369, 45.433995 ] }, { "date": "2025-09-12", "close": 47.561188, "volume": 1048227, "typical_volume": 1299927.6, "trend": 45.670946, "fair_value": 40.096765, "relative_strength": -4.295719, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.206046, "energy": 34.62785, "activity_lines": [ 47.684322, 47.369766, 46.051749, 45.559709 ] }, { "date": "2025-09-19", "close": 47.191776, "volume": 684242, "typical_volume": 1290818.7, "trend": 45.693822, "fair_value": 40.246242, "relative_strength": -5.488083, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.387221, "energy": 22.533358, "activity_lines": [ 47.425736, 47.426016, 46.260914, 45.657827 ] }, { "date": "2025-09-26", "close": 47.099426, "volume": 1744038, "typical_volume": 1314361.65, "trend": 45.571905, "fair_value": 40.39361, "relative_strength": -5.74476, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 40.699053, "energy": 27.283274, "activity_lines": [ 47.259503, 47.425176, 46.44686, 45.748511 ] }, { "date": "2025-10-03", "close": 47.28413, "volume": 449053, "typical_volume": 1257047.2, "trend": 45.49085, "fair_value": 40.544945, "relative_strength": -9.576435, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.616687, "energy": 25.984757, "activity_lines": [ 47.247189, 47.432732, 46.633934, 45.858977 ] }, { "date": "2025-10-10", "close": 45.437096, "volume": 1369102, "typical_volume": 1277141.2, "trend": 45.348228, "fair_value": 40.688486, "relative_strength": -14.796655, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.851309, "energy": 17.409897, "activity_lines": [ 46.637668, 47.077598, 46.626313, 45.855509 ] }, { "date": "2025-10-17", "close": 45.806499, "volume": 1595262, "typical_volume": 1304853.25, "trend": 45.203458, "fair_value": 40.827566, "relative_strength": -14.072826, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.489609, "energy": 18.299599, "activity_lines": [ 46.26826, 46.788788, 46.639541, 45.885075 ] }, { "date": "2025-10-24", "close": 46.360615, "volume": 1129006, "typical_volume": 1335562.6, "trend": 45.114757, "fair_value": 40.969187, "relative_strength": -13.784087, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.348074, "energy": 14.540759, "activity_lines": [ 46.200536, 46.624235, 46.683875, 45.95973 ] }, { "date": "2025-10-31", "close": 46.360615, "volume": 951433, "typical_volume": 1329320.2, "trend": 45.052085, "fair_value": 41.108277, "relative_strength": -15.795229, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.492316, "energy": 14.938175, "activity_lines": [ 46.188224, 46.508376, 46.703903, 46.040108 ] }, { "date": "2025-11-07", "close": 47.561188, "volume": 1104564, "typical_volume": 1331465.05, "trend": 45.276709, "fair_value": 41.260882, "relative_strength": -11.640938, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.672361, "energy": 13.792993, "activity_lines": [ 46.625356, 46.649423, 46.820575, 46.201986 ] }, { "date": "2025-11-14", "close": 47.37648, "volume": 3212366, "typical_volume": 1383147.15, "trend": 45.430103, "fair_value": 41.399655, "relative_strength": -11.084048, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.436742, "energy": 23.131072, "activity_lines": [ 46.982448, 46.756886, 46.89583, 46.337455 ] }, { "date": "2025-11-21", "close": 45.714149, "volume": 1019005, "typical_volume": 1359940.6, "trend": 45.536763, "fair_value": 41.536373, "relative_strength": -10.99017, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.217879, "energy": 13.501817, "activity_lines": [ 46.656138, 46.558749, 46.799943, 46.355781 ] }, { "date": "2025-11-28", "close": 47.838242, "volume": 746251, "typical_volume": 1241944.95, "trend": 45.659275, "fair_value": 41.67937, "relative_strength": -10.791879, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.221268, "energy": 26.590094, "activity_lines": [ 47.044016, 46.780394, 46.903509, 46.504263 ] }, { "date": "2025-12-05", "close": 46.914722, "volume": 779060, "typical_volume": 1236885.05, "trend": 45.768356, "fair_value": 41.814172, "relative_strength": -13.408885, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.71494, "energy": 18.597481, "activity_lines": [ 47.025545, 46.822371, 46.905488, 46.58526 ] }, { "date": "2025-12-12", "close": 46.175911, "volume": 811605, "typical_volume": 1240932.4, "trend": 45.862933, "fair_value": 41.93336, "relative_strength": -15.191653, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.171217, "energy": 6.062546, "activity_lines": [ 46.723863, 46.733378, 46.831387, 46.611553 ] }, { "date": "2025-12-19", "close": 45.760326, "volume": 724583, "typical_volume": 1224329.3, "trend": 45.974024, "fair_value": 42.048367, "relative_strength": -14.242261, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.012026, "energy": 4.255812, "activity_lines": [ 46.376005, 46.588974, 46.715947, 46.604934 ] }, { "date": "2025-12-26", "close": 45.898853, "volume": 425408, "typical_volume": 1183264.7, "trend": 46.128776, "fair_value": 42.160215, "relative_strength": -16.353368, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.921935, "energy": 10.265269, "activity_lines": [ 46.182066, 46.463879, 46.611941, 46.600084 ] }, { "date": "2026-01-02", "close": 45.760326, "volume": 740484, "typical_volume": 1114109.85, "trend": 46.278911, "fair_value": 42.275728, "relative_strength": -18.64964, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.062596, "energy": 29.088072, "activity_lines": [ 45.929638, 46.311918, 46.50046, 46.576313 ] }, { "date": "2026-01-09", "close": 45.575623, "volume": 1189789, "typical_volume": 1103386.3, "trend": 46.376615, "fair_value": 42.392586, "relative_strength": -21.185535, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.842042, "energy": 40.098084, "activity_lines": [ 45.754169, 46.137289, 46.386999, 46.530939 ] }, { "date": "2026-01-16", "close": 46.03738, "volume": 1214834, "typical_volume": 1091967.1, "trend": 46.492603, "fair_value": 42.510128, "relative_strength": -22.921555, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.69216, "energy": 33.450125, "activity_lines": [ 45.821893, 46.060889, 46.331368, 46.509053 ] }, { "date": "2026-01-23", "close": 45.621799, "volume": 1850655, "typical_volume": 1139448.35, "trend": 46.523881, "fair_value": 42.630065, "relative_strength": -24.660954, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.637842, "energy": 42.189931, "activity_lines": [ 45.760326, 45.936634, 46.243414, 46.452872 ] }, { "date": "2026-01-30", "close": 45.067688, "volume": 1580793, "typical_volume": 1166076.65, "trend": 46.522228, "fair_value": 42.745691, "relative_strength": -25.541855, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.837938, "energy": 45.54247, "activity_lines": [ 45.52329, 45.743535, 46.110163, 46.358924 ] }, { "date": "2026-02-06", "close": 46.175911, "volume": 1056047, "typical_volume": 1184666.9, "trend": 46.562247, "fair_value": 42.859061, "relative_strength": -22.664578, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.219411, "energy": 27.246011, "activity_lines": [ 45.711072, 45.763685, 46.094332, 46.336581 ] }, { "date": "2026-02-13", "close": 45.252392, "volume": 1261368, "typical_volume": 1160533.4, "trend": 46.546855, "fair_value": 42.963983, "relative_strength": -27.855291, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.096453, "energy": 35.385898, "activity_lines": [ 45.56331, 45.646146, 45.995384, 46.252075 ] }, { "date": "2026-02-27", "close": 45.160042, "volume": 1336306, "typical_volume": 1204896.05, "trend": 46.525307, "fair_value": 43.068818, "relative_strength": -31.194453, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.929199, "energy": 41.741362, "activity_lines": [ 45.406312, 45.542041, 45.896435, 46.162603 ] }, { "date": "2026-03-06", "close": 44.421223, "volume": 1659584, "typical_volume": 1219420.15, "trend": 46.492984, "fair_value": 43.165376, "relative_strength": -28.007117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.389359, "energy": 54.742198, "activity_lines": [ 45.061531, 45.322075, 45.737238, 46.026855 ] }, { "date": "2026-03-13", "close": 46.822372, "volume": 1404162, "typical_volume": 1209865.15, "trend": 46.483748, "fair_value": 43.258608, "relative_strength": -23.017829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.544347, "energy": 17.250023, "activity_lines": [ 45.597172, 45.563029, 45.81156, 46.048106 ] }, { "date": "2026-03-20", "close": 48.484703, "volume": 4688302, "typical_volume": 1387829.95, "trend": 46.465278, "fair_value": 43.373372, "relative_strength": -19.934521, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.288043, "energy": 21.126524, "activity_lines": [ 46.569943, 46.089434, 46.039361, 46.1772 ] }, { "date": "2026-03-27", "close": 47.838242, "volume": 1676310, "typical_volume": 1424073.8, "trend": 46.443729, "fair_value": 43.486269, "relative_strength": -19.273687, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.594101, "energy": 29.601653, "activity_lines": [ 47.173308, 46.448767, 46.195479, 46.265778 ] }, { "date": "2026-04-03", "close": 47.099426, "volume": 737862, "typical_volume": 1405738.7, "trend": 46.428337, "fair_value": 43.58583, "relative_strength": -18.481271, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.624637, "energy": 30.592566, "activity_lines": [ 47.358012, 46.632631, 46.274198, 46.308081 ] }, { "date": "2026-04-10", "close": 47.28413, "volume": 839147, "typical_volume": 1287077.75, "trend": 46.431416, "fair_value": 43.68531, "relative_strength": -23.969764, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.875396, "energy": 45.659265, "activity_lines": [ 47.474991, 46.830767, 46.372706, 46.363294 ] }, { "date": "2026-04-17", "close": 47.28413, "volume": 984744, "typical_volume": 1285364.7, "trend": 46.42218, "fair_value": 43.783272, "relative_strength": -26.182709, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.134519, "energy": 35.790058, "activity_lines": [ 47.401109, 46.998679, 46.471655, 46.418308 ] }, { "date": "2026-04-24", "close": 47.468838, "volume": 1669473, "typical_volume": 1331525.8, "trend": 46.431416, "fair_value": 43.883937, "relative_strength": -29.173216, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 52.800544, "energy": 30.652569, "activity_lines": [ 47.358013, 47.159876, 46.580718, 46.485834 ] }, { "date": "2026-05-01", "close": 48.115295, "volume": 1227087, "typical_volume": 1353927.15, "trend": 46.465278, "fair_value": 43.997598, "relative_strength": -27.466102, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.777105, "energy": 34.59448, "activity_lines": [ 47.598127, 47.415102, 46.753108, 46.594471 ] }, { "date": "2026-05-08", "close": 47.930595, "volume": 1574472, "typical_volume": 1392070.5, "trend": 46.486827, "fair_value": 44.113363, "relative_strength": -31.644238, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.954904, "energy": 33.387185, "activity_lines": [ 47.758204, 47.584694, 46.90219, 46.689008 ] }, { "date": "2026-05-15", "close": 46.452965, "volume": 2018536, "typical_volume": 1456768.15, "trend": 46.520689, "fair_value": 44.212321, "relative_strength": -32.316965, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.884958, "energy": 21.269306, "activity_lines": [ 47.370326, 47.435252, 46.90219, 46.686823 ] }, { "date": "2026-05-22", "close": 46.545319, "volume": 742283, "typical_volume": 1472611.9, "trend": 46.545317, "fair_value": 44.320725, "relative_strength": -33.260549, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.083551, "energy": 15.839744, "activity_lines": [ 47.068645, 47.265661, 46.907688, 46.688412 ] }, { "date": "2026-05-29", "close": 47.468838, "volume": 1571390, "typical_volume": 1514157.2, "trend": 46.582257, "fair_value": 44.424171, "relative_strength": -35.006449, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.653197, "energy": 16.328089, "activity_lines": [ 47.124056, 47.26902, 46.998061, 46.747994 ] }, { "date": "2026-06-05", "close": 49.131168, "volume": 1995945, "typical_volume": 1554465.0, "trend": 46.674609, "fair_value": 44.537515, "relative_strength": -32.565688, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.19754, "energy": 28.813343, "activity_lines": [ 47.733578, 47.593091, 47.238615, 46.91244 ] }, { "date": "2026-06-12", "close": 48.299999, "volume": 2228521, "typical_volume": 1605149.35, "trend": 46.699236, "fair_value": 44.644772, "relative_strength": -31.693696, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.616245, "energy": 40.752374, "activity_lines": [ 47.998319, 47.742533, 47.38308, 47.017304 ] }, { "date": "2026-06-19", "close": 48.669411, "volume": 1257405, "typical_volume": 1575486.85, "trend": 46.742334, "fair_value": 44.759456, "relative_strength": -33.869902, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.694954, "energy": 58.83882, "activity_lines": [ 48.36157, 47.937311, 47.551952, 47.144412 ] }, { "date": "2026-06-26", "close": 47.838242, "volume": 1710736, "typical_volume": 1581984.0, "trend": 46.813137, "fair_value": 44.869317, "relative_strength": -31.525381, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.685404, "energy": 54.810961, "activity_lines": [ 48.300002, 47.955782, 47.627153, 47.215116 ] }, { "date": "2026-07-03", "close": 48.207649, "volume": 1330738, "typical_volume": 1595718.55, "trend": 46.825451, "fair_value": 44.959034, "relative_strength": -33.480778, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.468999, "energy": 43.329099, "activity_lines": [ 48.275374, 48.031342, 47.724342, 47.305084 ] }, { "date": "2026-07-10", "close": 47.25, "volume": 2975217, "typical_volume": 1681411.0, "trend": 46.836627, "fair_value": 45.052225, "relative_strength": -31.941911, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.729061, "energy": 19.674592, "activity_lines": [ 47.882276, 47.919351, 47.720651, 47.332475 ] }, { "date": "2026-07-17", "close": 46.549999, "volume": 1652087, "typical_volume": 1697200.05, "trend": 46.849096, "fair_value": 45.138652, "relative_strength": -27.931681, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.95683, "energy": 12.038672, "activity_lines": [ 47.381256, 47.69582, 47.640782, 47.313983 ] }, { "date": "2026-07-24", "close": 47.049999, "volume": 976101, "typical_volume": 1663025.9, "trend": 46.892085, "fair_value": 45.216395, "relative_strength": -27.996304, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.871745, "energy": 12.979424, "activity_lines": [ 47.163569, 47.5883, 47.601913, 47.326944 ] }, { "date": "2026-07-31", "close": 46.400002, "volume": 1446039, "typical_volume": 1665119.75, "trend": 46.90879, "fair_value": 45.286178, "relative_strength": -27.28357, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.527043, "energy": 22.845455, "activity_lines": [ 46.837177, 47.351744, 47.488621, 47.295197 ] }, { "date": "2026-08-07", "close": 46.799999, "volume": 500809, "typical_volume": 1455745.1, "trend": 46.943446, "fair_value": 45.333053, "relative_strength": -27.665117, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.366281, "energy": 23.055732, "activity_lines": [ 46.74, 47.190556, 47.415435, 47.288178 ] }, { "date": "2026-08-14", "close": 47.0, "volume": 620524, "typical_volume": 1402955.8, "trend": 46.990925, "fair_value": 45.371923, "relative_strength": -28.997043, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.147681, "energy": 22.698205, "activity_lines": [ 46.803333, 47.077893, 47.36932, 47.291827 ] } ], "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." } } }