{ "ticker": { "uuid": "05901dfe-088d-474f-956c-20a21a50fa97", "symbol": "5258", "name": "Castles Technology 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -36.074, "architecture_energy": 14.514, "architecture_maturity": 29.554, "architecture_confidence": 58.882, "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": 56.83, "rotation_up": 24.14, "upward_expansion": 17.92, "deceleration": 46.91, "rotation_down": 36.14, "downward_expansion": 56.25 }, "activity_lines": [ 50.499998, 50.769999, 50.917618, 50.698924 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 48.099998, "trend_reference": 51.396667, "distance_from_trend": -0.064142, "trend_direction": "Weakening", "fair_value": 86.466467, "distance_from_fair_value": -0.443715, "fair_value_direction": "Weakening", "relative_strength": -45.039829, "relative_strength_direction": "Weakening", "price_momentum": -0.115809, "excess_performance": -0.557181, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.064142, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.10164, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.443715, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.038008, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.450398, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009564, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.115809, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.051802, "read": "Demand-led" } ], "volume": { "latest": 3161411, "relative_activity": 0.739967, "balance": 1.051802, "dry_up": 0.605996, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.112906, "annualized_volatility": 0.446461, "from_high_reference": -0.41697, "from_low_reference": 0.098173 }, "levels": { "trend_reference": 51.396667, "fair_value_reference": 86.466467, "structural_low": 43.799999, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.016277, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.02216, "regime_survival": 0.642857, "best_return": 0.69697, "worst_return": -0.251163, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.047205, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.05704, "regime_survival": 0.333333, "best_return": 0.928085, "worst_return": -0.338134, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.16437, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.224493, "regime_survival": 0.4, "best_return": 0.851426, "worst_return": -0.361454, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.680646, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.735555, "regime_survival": 0.0, "best_return": 1.773929, "worst_return": -0.412637, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-05", "end": "2024-05-03", "tenure": "Developing", "return": -0.108014, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-10", "end": "2024-08-09", "tenure": "Established", "return": -0.057143, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": 0.008065, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-13", "end": "2024-11-08", "tenure": "Developing", "return": -0.187582, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-03-14", "tenure": "Established", "return": -0.050218, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.014084, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-08-15", "tenure": "Established", "return": 0.024088, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-10-03", "tenure": "Developing", "return": 0.013387, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": -0.069737, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.15894, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.111614, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": -0.137174, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-05-22", "tenure": "Established", "return": -0.066451, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-08-14", "tenure": "Developing", "return": -0.038, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 95.676888, "volume": 27062669, "typical_volume": 51036260.65, "trend": 82.532091, "fair_value": 40.828712, "relative_strength": 25.333549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.122134, "energy": 49.252894, "activity_lines": [ 106.365115, 104.330905, 95.002101, 89.659893 ] }, { "date": "2023-08-18", "close": 89.643211, "volume": 36271397, "typical_volume": 50217960.8, "trend": 83.632519, "fair_value": 41.279766, "relative_strength": 18.126554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.19361, "energy": 26.265288, "activity_lines": [ 99.641875, 102.313933, 95.18229, 90.118675 ] }, { "date": "2023-08-25", "close": 88.350281, "volume": 16676930, "typical_volume": 50630072.7, "trend": 84.597908, "fair_value": 41.725702, "relative_strength": 14.891596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.786409, "energy": 23.157594, "activity_lines": [ 94.154102, 99.829938, 95.167104, 90.423047 ] }, { "date": "2023-09-01", "close": 90.074188, "volume": 13802498, "typical_volume": 48799540.1, "trend": 85.290344, "fair_value": 42.1848, "relative_strength": 15.469638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.217093, "energy": 23.998525, "activity_lines": [ 91.280923, 97.89446, 95.248374, 90.776355 ] }, { "date": "2023-09-08", "close": 106.451309, "volume": 60378532, "typical_volume": 49767748.0, "trend": 86.632118, "fair_value": 42.757594, "relative_strength": 35.81346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.738191, "energy": 23.27368, "activity_lines": [ 95.504497, 99.038507, 96.841346, 92.141579 ] }, { "date": "2023-09-15", "close": 103.865448, "volume": 49616862, "typical_volume": 51353608.65, "trend": 87.752658, "fair_value": 43.305362, "relative_strength": 28.69663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.760057, "energy": 18.952338, "activity_lines": [ 98.779921, 99.43814, 98.011962, 93.253407 ] }, { "date": "2023-09-22", "close": 102.141548, "volume": 17271182, "typical_volume": 51779281.25, "trend": 88.539909, "fair_value": 43.841551, "relative_strength": 29.894756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.018215, "energy": 29.049053, "activity_lines": [ 100.934808, 99.328438, 98.859961, 94.181722 ] }, { "date": "2023-09-29", "close": 106.02034, "volume": 23721698, "typical_volume": 50444406.5, "trend": 89.3444, "fair_value": 44.405509, "relative_strength": 33.342641, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.211386, "energy": 42.319482, "activity_lines": [ 103.549403, 100.151213, 99.932068, 95.309492 ] }, { "date": "2023-10-06", "close": 108.175224, "volume": 35166864, "typical_volume": 48285517.1, "trend": 90.266691, "fair_value": 44.98064, "relative_strength": 33.156453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.014761, "energy": 47.798842, "activity_lines": [ 105.704289, 101.600864, 101.069437, 96.524384 ] }, { "date": "2023-10-13", "close": 109.468155, "volume": 20485704, "typical_volume": 47806075.95, "trend": 91.27805, "fair_value": 45.573829, "relative_strength": 31.260137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.651945, "energy": 54.702713, "activity_lines": [ 107.083416, 103.403132, 102.179305, 97.763188 ] }, { "date": "2023-10-20", "close": 104.790817, "volume": 19052790, "typical_volume": 46819941.95, "trend": 92.133498, "fair_value": 46.137828, "relative_strength": 27.008038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.709908, "energy": 46.512262, "activity_lines": [ 106.702307, 104.276615, 102.681994, 98.634979 ] }, { "date": "2023-10-27", "close": 121.192856, "volume": 96632956, "typical_volume": 50601482.8, "trend": 93.690832, "fair_value": 46.80063, "relative_strength": 47.500048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.698729, "energy": 62.406615, "activity_lines": [ 111.726853, 107.96658, 104.622523, 100.509777 ] }, { "date": "2023-11-03", "close": 125.293365, "volume": 64754037, "typical_volume": 45525430.35, "trend": 95.396343, "fair_value": 47.49315, "relative_strength": 46.850234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.134978, "energy": 73.938739, "activity_lines": [ 116.848149, 111.828461, 106.742593, 102.54865 ] }, { "date": "2023-11-10", "close": 126.660202, "volume": 76685928, "typical_volume": 46448957.25, "trend": 96.952039, "fair_value": 48.194696, "relative_strength": 45.025936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.706551, "energy": 77.176625, "activity_lines": [ 121.140188, 115.267166, 108.878486, 104.565673 ] }, { "date": "2023-11-17", "close": 124.837761, "volume": 50308067, "typical_volume": 47271470.95, "trend": 98.797515, "fair_value": 48.887993, "relative_strength": 36.949266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.821604, "energy": 76.98366, "activity_lines": [ 123.592416, 117.709318, 110.693274, 106.364752 ] }, { "date": "2023-11-24", "close": 136.68367, "volume": 79285681, "typical_volume": 49597418.4, "trend": 101.000503, "fair_value": 49.650623, "relative_strength": 47.207401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.184729, "energy": 82.649435, "activity_lines": [ 128.968639, 121.970972, 113.47686, 108.80902 ] }, { "date": "2023-12-01", "close": 127.571419, "volume": 49420376, "typical_volume": 46928319.45, "trend": 102.865272, "fair_value": 50.354049, "relative_strength": 34.56255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.362046, "energy": 63.977625, "activity_lines": [ 129.181255, 123.979158, 115.185028, 110.523272 ] }, { "date": "2023-12-08", "close": 121.648468, "volume": 26649053, "typical_volume": 43413702.65, "trend": 104.365964, "fair_value": 51.010002, "relative_strength": 27.366365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.22777, "energy": 49.296575, "activity_lines": [ 126.994317, 124.448083, 116.267527, 111.735092 ] }, { "date": "2023-12-15", "close": 111.624992, "volume": 32126990, "typical_volume": 41570489.05, "trend": 105.535413, "fair_value": 51.598796, "relative_strength": 14.057429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.996221, "energy": 32.632914, "activity_lines": [ 121.709213, 122.81041, 116.382558, 112.203416 ] }, { "date": "2023-12-22", "close": 114.358673, "volume": 17916223, "typical_volume": 40664321.85, "trend": 106.830463, "fair_value": 52.209604, "relative_strength": 16.339051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.636032, "energy": 21.574803, "activity_lines": [ 118.337683, 121.607047, 116.772296, 112.772658 ] }, { "date": "2023-12-29", "close": 112.991829, "volume": 9427630, "typical_volume": 39782569.9, "trend": 107.973644, "fair_value": 52.817194, "relative_strength": 11.895701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.111609, "energy": 23.191639, "activity_lines": [ 115.209145, 120.066248, 116.988047, 113.170166 ] }, { "date": "2024-01-05", "close": 106.613266, "volume": 11067330, "typical_volume": 38522366.55, "trend": 108.964544, "fair_value": 53.385217, "relative_strength": 7.238014, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.693002, "energy": 19.569962, "activity_lines": [ 111.533874, 117.216602, 116.513864, 113.0824 ] }, { "date": "2024-01-12", "close": 113.447449, "volume": 27514420, "typical_volume": 39064241.05, "trend": 109.370139, "fair_value": 53.996521, "relative_strength": 13.198173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.278569, "energy": 16.251891, "activity_lines": [ 111.533876, 115.874617, 116.609746, 113.371619 ] }, { "date": "2024-01-19", "close": 112.536224, "volume": 20504871, "typical_volume": 39399359.7, "trend": 109.932117, "fair_value": 54.601191, "relative_strength": 10.27475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.118065, "energy": 14.434032, "activity_lines": [ 111.77687, 114.582335, 116.499334, 113.575883 ] }, { "date": "2024-01-26", "close": 107.068878, "volume": 9164777, "typical_volume": 36838671.95, "trend": 110.455508, "fair_value": 55.172663, "relative_strength": 2.41616, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.085011, "energy": 21.737231, "activity_lines": [ 110.136666, 112.55279, 115.76126, 113.391158 ] }, { "date": "2024-02-02", "close": 114.358673, "volume": 18716541, "typical_volume": 35293655.9, "trend": 111.16443, "fair_value": 55.787695, "relative_strength": 8.318204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.116582, "energy": 10.269766, "activity_lines": [ 111.412381, 112.171733, 115.714512, 113.642975 ] }, { "date": "2024-02-09", "close": 112.536224, "volume": 1453498, "typical_volume": 34502771.7, "trend": 111.094308, "fair_value": 56.397118, "relative_strength": 5.693587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.555368, "energy": 13.209238, "activity_lines": [ 111.98949, 111.865231, 115.444229, 113.731478 ] }, { "date": "2024-02-16", "close": 112.080612, "volume": 7161715, "typical_volume": 33674772.55, "trend": 110.865341, "fair_value": 57.003093, "relative_strength": 1.879218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.044546, "energy": 13.296171, "activity_lines": [ 112.019864, 111.749257, 115.081057, 113.79511 ] }, { "date": "2024-02-23", "close": 120.281624, "volume": 48104492, "typical_volume": 34321653.95, "trend": 111.053399, "fair_value": 57.660054, "relative_strength": 7.247369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.148991, "energy": 21.431401, "activity_lines": [ 114.875031, 113.298338, 115.470075, 114.402612 ] }, { "date": "2024-03-01", "close": 124.382141, "volume": 24582096, "typical_volume": 34526473.55, "trend": 111.694191, "fair_value": 58.344621, "relative_strength": 10.157993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.038068, "energy": 31.738722, "activity_lines": [ 118.580677, 115.435573, 116.191968, 115.262531 ] }, { "date": "2024-03-08", "close": 112.080612, "volume": 27808408, "typical_volume": 34964254.45, "trend": 112.240982, "fair_value": 58.945842, "relative_strength": -5.144885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.488968, "energy": 18.743564, "activity_lines": [ 117.031596, 115.153922, 115.671269, 115.287462 ] }, { "date": "2024-03-15", "close": 122.5597, "volume": 22261894, "typical_volume": 31245701.35, "trend": 113.338198, "fair_value": 59.619518, "relative_strength": 3.895416, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.250795, "energy": 34.001416, "activity_lines": [ 119.127415, 116.794128, 116.113864, 115.953185 ] }, { "date": "2024-03-22", "close": 123.926529, "volume": 12069254, "typical_volume": 28611462.2, "trend": 114.524073, "fair_value": 60.301429, "relative_strength": 1.841643, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.761091, "energy": 43.400122, "activity_lines": [ 121.010612, 118.392912, 116.680125, 116.636303 ] }, { "date": "2024-03-29", "close": 128.027039, "volume": 30045968, "typical_volume": 26279464.2, "trend": 115.789168, "fair_value": 61.007775, "relative_strength": 4.330422, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.421184, "energy": 44.863394, "activity_lines": [ 123.470918, 120.546715, 117.64342, 117.507463 ] }, { "date": "2024-04-05", "close": 130.760727, "volume": 12795777, "typical_volume": 24403849.7, "trend": 116.599482, "fair_value": 61.730062, "relative_strength": 5.74395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.834175, "energy": 62.657293, "activity_lines": [ 126.326093, 122.915902, 118.860556, 118.47337 ] }, { "date": "2024-04-12", "close": 128.027039, "volume": 12737767, "typical_volume": 21076454.0, "trend": 117.404869, "fair_value": 62.432712, "relative_strength": 1.172501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.011264, "energy": 60.378925, "activity_lines": [ 127.844799, 124.357293, 119.789138, 119.210631 ] }, { "date": "2024-04-19", "close": 116.181122, "volume": 12160974, "typical_volume": 19213483.9, "trend": 117.872854, "fair_value": 63.054145, "relative_strength": -2.959974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.204297, "energy": 31.783279, "activity_lines": [ 124.35177, 123.396365, 119.630758, 119.13168 ] }, { "date": "2024-04-26", "close": 115.26989, "volume": 5347675, "typical_volume": 18148415.0, "trend": 118.181173, "fair_value": 63.636465, "relative_strength": -6.910214, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.170949, "energy": 13.665232, "activity_lines": [ 120.980237, 122.203488, 119.439834, 118.963747 ] }, { "date": "2024-05-03", "close": 116.636726, "volume": 6922840, "typical_volume": 16888207.5, "trend": 118.463223, "fair_value": 64.233885, "relative_strength": -7.113183, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.517473, "energy": 15.801886, "activity_lines": [ 118.641424, 121.201139, 119.409459, 118.864105 ] }, { "date": "2024-05-10", "close": 111.624992, "volume": 7755672, "typical_volume": 16380179.95, "trend": 118.535117, "fair_value": 64.811853, "relative_strength": -12.850618, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.69056, "energy": 23.097668, "activity_lines": [ 115.391388, 119.353837, 118.877911, 118.422929 ] }, { "date": "2024-05-17", "close": 111.169388, "volume": 4610360, "typical_volume": 16139316.45, "trend": 118.747736, "fair_value": 65.403536, "relative_strength": -15.580878, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.15843, "energy": 34.426317, "activity_lines": [ 113.265199, 117.655646, 118.31599, 117.94772 ] }, { "date": "2024-05-24", "close": 116.181122, "volume": 8981096, "typical_volume": 16035004.75, "trend": 118.580679, "fair_value": 66.045303, "relative_strength": -13.249362, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.547774, "energy": 35.634363, "activity_lines": [ 113.933432, 116.885248, 118.240054, 117.782132 ] }, { "date": "2024-05-31", "close": 113.447449, "volume": 6253572, "typical_volume": 14971962.35, "trend": 118.185815, "fair_value": 66.658983, "relative_strength": -13.898457, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.568099, "energy": 37.292331, "activity_lines": [ 113.69044, 115.733792, 117.858208, 117.450956 ] }, { "date": "2024-06-07", "close": 117.092346, "volume": 4182759, "typical_volume": 14155856.75, "trend": 117.866886, "fair_value": 67.293387, "relative_strength": -14.126972, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.3946, "energy": 23.341161, "activity_lines": [ 114.783911, 115.435573, 117.823495, 117.38041 ] }, { "date": "2024-06-14", "close": 120.281624, "volume": 7671515, "typical_volume": 14081193.65, "trend": 117.715015, "fair_value": 67.948764, "relative_strength": -14.185687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.560469, "energy": 4.249885, "activity_lines": [ 116.910099, 115.916035, 118.070826, 117.536199 ] }, { "date": "2024-06-21", "close": 119.370399, "volume": 8034574, "typical_volume": 13547095.3, "trend": 117.137906, "fair_value": 68.598035, "relative_strength": -17.468594, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.992555, "energy": 10.028908, "activity_lines": [ 118.155437, 116.42135, 118.168457, 117.642998 ] }, { "date": "2024-06-28", "close": 119.370399, "volume": 4960286, "typical_volume": 13722434.7, "trend": 116.864539, "fair_value": 69.24757, "relative_strength": -16.619823, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.853513, "energy": 21.787581, "activity_lines": [ 118.85404, 117.084058, 118.242222, 117.78703 ] }, { "date": "2024-07-05", "close": 122.10408, "volume": 3692239, "typical_volume": 13548960.9, "trend": 116.879726, "fair_value": 69.918326, "relative_strength": -16.504723, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.401086, "energy": 28.178089, "activity_lines": [ 120.251252, 118.185812, 118.543794, 118.125065 ] }, { "date": "2024-07-12", "close": 117.092346, "volume": 6391002, "typical_volume": 11463286.4, "trend": 117.061971, "fair_value": 70.558804, "relative_strength": -20.711462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.833411, "energy": 18.863971, "activity_lines": [ 119.400778, 118.252083, 118.320327, 118.138783 ] }, { "date": "2024-07-19", "close": 113.903061, "volume": 3972272, "typical_volume": 10432795.2, "trend": 117.046784, "fair_value": 71.178573, "relative_strength": -18.831139, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.406701, "energy": 2.243037, "activity_lines": [ 117.487208, 117.730201, 117.808306, 117.934982 ] }, { "date": "2024-07-26", "close": 110.713776, "volume": 2255048, "typical_volume": 9155127.2, "trend": 116.970849, "fair_value": 71.763375, "relative_strength": -18.01126, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.618073, "energy": 30.392136, "activity_lines": [ 114.935781, 116.587029, 117.042444, 117.526401 ] }, { "date": "2024-08-02", "close": 115.725502, "volume": 3793537, "typical_volume": 8231709.35, "trend": 117.27459, "fair_value": 72.371325, "relative_strength": -12.146631, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.077077, "energy": 27.859367, "activity_lines": [ 114.632038, 116.363364, 116.760397, 117.446056 ] }, { "date": "2024-08-09", "close": 105.246422, "volume": 6541936, "typical_volume": 7955343.45, "trend": 117.001222, "fair_value": 72.924249, "relative_strength": -19.252962, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.690411, "energy": 63.635662, "activity_lines": [ 111.078261, 114.242695, 115.512887, 116.670045 ] }, { "date": "2024-08-16", "close": 112.991829, "volume": 3006725, "typical_volume": 6603381.3, "trend": 117.016409, "fair_value": 73.525766, "relative_strength": -16.61517, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.660149, "energy": 55.326191, "activity_lines": [ 111.23013, 113.679392, 115.091988, 116.411375 ] }, { "date": "2024-08-23", "close": 112.991829, "volume": 1396062, "typical_volume": 6033395.55, "trend": 117.213841, "fair_value": 74.13811, "relative_strength": -15.825618, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.847974, "energy": 41.505323, "activity_lines": [ 111.655367, 113.190644, 114.742685, 116.151724 ] }, { "date": "2024-08-30", "close": 118.003571, "volume": 2554314, "typical_volume": 5524222.9, "trend": 117.335337, "fair_value": 74.787334, "relative_strength": -12.495284, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.915227, "energy": 20.088617, "activity_lines": [ 113.811934, 113.745663, 114.955304, 116.202675 ] }, { "date": "2024-09-06", "close": 113.903061, "volume": 2116891, "typical_volume": 5022018.75, "trend": 117.380899, "fair_value": 75.382017, "relative_strength": -11.944126, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.085742, "energy": 14.237248, "activity_lines": [ 114.115677, 113.579987, 114.82513, 115.981237 ] }, { "date": "2024-09-13", "close": 114.814285, "volume": 4217987, "typical_volume": 4965534.35, "trend": 117.472021, "fair_value": 75.971187, "relative_strength": -12.322401, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.101353, "energy": 14.743081, "activity_lines": [ 114.844658, 113.679394, 114.792586, 115.815649 ] }, { "date": "2024-09-20", "close": 122.10408, "volume": 4162234, "typical_volume": 4827504.05, "trend": 117.53277, "fair_value": 76.590187, "relative_strength": -8.221009, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.350859, "energy": 12.1492, "activity_lines": [ 117.365713, 115.23676, 115.456479, 116.114492 ] }, { "date": "2024-09-27", "close": 119.73465, "volume": 7945506, "typical_volume": 4836995.75, "trend": 117.377853, "fair_value": 77.200599, "relative_strength": -12.270361, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.701677, "energy": 14.593792, "activity_lines": [ 118.489475, 116.272197, 115.868676, 116.256549 ] }, { "date": "2024-10-04", "close": 119.251854, "volume": 2000323, "typical_volume": 4706493.9, "trend": 117.616895, "fair_value": 77.82244, "relative_strength": -10.239927, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.849747, "energy": 17.164569, "activity_lines": [ 119.002783, 117.113825, 116.196275, 116.377452 ] }, { "date": "2024-10-11", "close": 124.56266, "volume": 2393541, "typical_volume": 4377116.15, "trend": 117.68366, "fair_value": 78.483606, "relative_strength": -8.373936, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.822953, "energy": 39.456067, "activity_lines": [ 121.203141, 118.765817, 116.991178, 116.825566 ] }, { "date": "2024-10-18", "close": 115.872246, "volume": 5979537, "typical_volume": 4363414.4, "trend": 117.415184, "fair_value": 79.081406, "relative_strength": -16.502007, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.723797, "energy": 20.286473, "activity_lines": [ 119.796054, 118.677057, 116.91851, 116.708701 ] }, { "date": "2024-10-25", "close": 117.320648, "volume": 3640599, "typical_volume": 4336306.4, "trend": 117.058304, "fair_value": 79.686379, "relative_strength": -14.261721, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.587774, "energy": 12.291919, "activity_lines": [ 118.801237, 118.658446, 116.972238, 116.702601 ] }, { "date": "2024-11-01", "close": 106.216225, "volume": 3955848, "typical_volume": 4150523.05, "trend": 116.240154, "fair_value": 80.195875, "relative_strength": -19.66851, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -29.563539, "energy": 17.114593, "activity_lines": [ 114.423842, 116.542144, 115.967315, 116.003112 ] }, { "date": "2024-11-08", "close": 93.277153, "volume": 14495969, "typical_volume": 4473592.8, "trend": 115.081824, "fair_value": 80.608962, "relative_strength": -30.940909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -79.798559, "energy": 67.391795, "activity_lines": [ 106.634651, 112.196476, 113.797077, 114.521629 ] }, { "date": "2024-11-15", "close": 88.449142, "volume": 11706050, "typical_volume": 4810881.0, "trend": 114.157425, "fair_value": 80.979481, "relative_strength": -31.405794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.129968, "energy": 84.288518, "activity_lines": [ 98.967769, 107.422559, 111.291283, 112.803391 ] }, { "date": "2024-11-22", "close": 85.938583, "volume": 3776697, "typical_volume": 4815103.9, "trend": 113.179715, "fair_value": 81.358728, "relative_strength": -32.877022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.011398, "energy": 89.603079, "activity_lines": [ 92.871603, 102.654975, 108.693632, 110.982821 ] }, { "date": "2024-11-29", "close": 88.642273, "volume": 2704668, "typical_volume": 4630787.2, "trend": 112.246567, "fair_value": 81.742368, "relative_strength": -27.942805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.033469, "energy": 86.532751, "activity_lines": [ 89.672244, 98.903984, 106.525691, 109.39976 ] }, { "date": "2024-12-06", "close": 87.00074, "volume": 1742016, "typical_volume": 4519274.4, "trend": 111.425758, "fair_value": 82.12647, "relative_strength": -31.339595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.116199, "energy": 87.870156, "activity_lines": [ 87.837599, 95.462928, 104.336891, 107.770997 ] }, { "date": "2024-12-13", "close": 78.696564, "volume": 3808112, "typical_volume": 4596927.6, "trend": 110.343331, "fair_value": 82.447129, "relative_strength": -36.78231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.465211, "energy": 91.567329, "activity_lines": [ 84.515927, 91.107185, 101.485323, 105.659436 ] }, { "date": "2024-12-20", "close": 80.144966, "volume": 2562314, "typical_volume": 4535366.45, "trend": 109.142125, "fair_value": 82.777878, "relative_strength": -33.464183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.710652, "energy": 85.973773, "activity_lines": [ 82.649096, 87.752156, 98.924162, 103.711154 ] }, { "date": "2024-12-27", "close": 80.820885, "volume": 1604231, "typical_volume": 4288481.2, "trend": 108.054573, "fair_value": 83.080445, "relative_strength": -34.442986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.868406, "energy": 82.534037, "activity_lines": [ 81.561182, 85.327617, 96.596804, 101.883977 ] }, { "date": "2025-01-03", "close": 79.855286, "volume": 1026467, "typical_volume": 4189468.3, "trend": 106.813338, "fair_value": 83.370373, "relative_strength": -33.560346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.448791, "energy": 76.863754, "activity_lines": [ 80.492582, 83.364811, 94.293797, 100.064669 ] }, { "date": "2025-01-10", "close": 78.117203, "volume": 1631196, "typical_volume": 4201225.0, "trend": 105.407857, "fair_value": 83.664208, "relative_strength": -34.559349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.770906, "energy": 65.977611, "activity_lines": [ 79.430421, 81.767178, 91.983051, 98.213305 ] }, { "date": "2025-01-17", "close": 78.986252, "volume": 3057470, "typical_volume": 4226382.8, "trend": 104.061719, "fair_value": 83.956358, "relative_strength": -33.492774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.736394, "energy": 62.478858, "activity_lines": [ 79.250178, 80.838446, 89.921141, 96.508685 ] }, { "date": "2025-01-24", "close": 79.275925, "volume": 953002, "typical_volume": 4168188.35, "trend": 102.725237, "fair_value": 84.245796, "relative_strength": -33.678111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.911573, "energy": 59.294787, "activity_lines": [ 79.14718, 80.222216, 88.072616, 94.909602 ] }, { "date": "2025-02-07", "close": 87.386986, "volume": 2890158, "typical_volume": 4101796.9, "trend": 101.568, "fair_value": 84.614639, "relative_strength": -26.014744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.519935, "energy": 46.420573, "activity_lines": [ 81.805805, 81.24751, 87.161464, 93.920037 ] }, { "date": "2025-02-14", "close": 89.800987, "volume": 7976377, "typical_volume": 4292504.05, "trend": 100.658288, "fair_value": 85.007286, "relative_strength": -22.205632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.720995, "energy": 33.834694, "activity_lines": [ 84.831357, 82.685379, 86.610823, 93.160875 ] }, { "date": "2025-02-21", "close": 92.98748, "volume": 4675572, "typical_volume": 4129007.35, "trend": 99.961102, "fair_value": 85.404236, "relative_strength": -20.762704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.919276, "energy": 29.534941, "activity_lines": [ 88.256027, 84.681543, 86.517482, 92.665984 ] }, { "date": "2025-02-28", "close": 91.925308, "volume": 2849270, "typical_volume": 4171454.7, "trend": 99.33482, "fair_value": 85.777985, "relative_strength": -18.613896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.936176, "energy": 30.689002, "activity_lines": [ 90.335288, 86.375735, 86.450349, 92.147546 ] }, { "date": "2025-03-07", "close": 87.193871, "volume": 2393708, "typical_volume": 4171463.05, "trend": 98.383765, "fair_value": 86.124629, "relative_strength": -20.325089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.63583, "energy": 23.98411, "activity_lines": [ 89.974799, 86.969143, 86.06273, 91.364259 ] }, { "date": "2025-03-14", "close": 84.007378, "volume": 2354264, "typical_volume": 3990199.4, "trend": 97.675797, "fair_value": 86.44171, "relative_strength": -20.531867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.556438, "energy": 19.675965, "activity_lines": [ 88.024283, 86.855026, 85.549582, 90.43675 ] }, { "date": "2025-03-21", "close": 82.269287, "volume": 1111681, "typical_volume": 3863753.5, "trend": 96.651713, "fair_value": 86.76861, "relative_strength": -22.236788, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -46.399596, "energy": 30.087996, "activity_lines": [ 85.71971, 86.366957, 85.022638, 89.442782 ] }, { "date": "2025-03-28", "close": 81.110573, "volume": 1722401, "typical_volume": 3752081.15, "trend": 95.589004, "fair_value": 87.08647, "relative_strength": -20.418643, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -52.036572, "energy": 40.408734, "activity_lines": [ 83.531013, 85.624322, 84.552252, 88.440128 ] }, { "date": "2025-04-04", "close": 78.020645, "volume": 1754557, "typical_volume": 3115010.55, "trend": 94.25624, "fair_value": 87.383179, "relative_strength": -21.508973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.052469, "energy": 52.509156, "activity_lines": [ 81.104134, 84.265456, 83.907138, 87.306685 ] }, { "date": "2025-04-11", "close": 56.391159, "volume": 5233095, "typical_volume": 2791362.8, "trend": 92.339176, "fair_value": 87.533982, "relative_strength": -37.212247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.874145, "energy": 87.298318, "activity_lines": [ 72.394403, 78.991514, 81.274723, 84.863777 ] }, { "date": "2025-04-18", "close": 61.412289, "volume": 4581860, "typical_volume": 2831620.95, "trend": 90.55911, "fair_value": 87.721003, "relative_strength": -30.273142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.400714, "energy": 89.625641, "activity_lines": [ 67.411897, 75.04659, 79.273168, 82.868494 ] }, { "date": "2025-04-25", "close": 64.695335, "volume": 2986397, "typical_volume": 2845707.4, "trend": 88.645485, "fair_value": 87.934443, "relative_strength": -27.483927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.640444, "energy": 86.094123, "activity_lines": [ 65.030078, 72.170851, 77.701076, 81.199863 ] }, { "date": "2025-05-02", "close": 67.881828, "volume": 2674244, "typical_volume": 2892318.8, "trend": 86.917058, "fair_value": 88.144393, "relative_strength": -26.485241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.992706, "energy": 82.276317, "activity_lines": [ 64.882021, 70.330942, 76.546492, 79.860272 ] }, { "date": "2025-05-09", "close": 67.30246, "volume": 1344930, "typical_volume": 2769159.7, "trend": 85.185411, "fair_value": 88.381802, "relative_strength": -26.757849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.4347, "energy": 65.243648, "activity_lines": [ 65.422757, 68.842158, 75.427773, 78.594814 ] }, { "date": "2025-05-16", "close": 65.564377, "volume": 3576023, "typical_volume": 2819845.15, "trend": 83.218802, "fair_value": 88.615861, "relative_strength": -30.960849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.397685, "energy": 53.743355, "activity_lines": [ 66.098678, 67.485048, 74.19778, 77.328941 ] }, { "date": "2025-05-23", "close": 61.798531, "volume": 1772979, "typical_volume": 2828282.55, "trend": 81.416345, "fair_value": 88.815032, "relative_strength": -33.653819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.399804, "energy": 55.146311, "activity_lines": [ 64.907769, 65.836503, 72.678566, 75.946988 ] }, { "date": "2025-05-30", "close": 60.350128, "volume": 1220759, "typical_volume": 2837997.15, "trend": 79.517327, "fair_value": 89.001693, "relative_strength": -33.522416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.702204, "energy": 57.540009, "activity_lines": [ 63.20831, 64.328408, 71.111992, 74.587877 ] }, { "date": "2025-06-06", "close": 59.481083, "volume": 1123525, "typical_volume": 2812613.6, "trend": 77.959489, "fair_value": 89.166391, "relative_strength": -34.65581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.978673, "energy": 61.053419, "activity_lines": [ 61.508849, 63.060835, 69.555533, 73.295216 ] }, { "date": "2025-06-13", "close": 57.260201, "volume": 2328000, "typical_volume": 2776140.1, "trend": 76.758924, "fair_value": 89.217426, "relative_strength": -37.480155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.478934, "energy": 75.712444, "activity_lines": [ 59.629144, 61.782729, 67.876305, 71.959778 ] }, { "date": "2025-06-20", "close": 57.743, "volume": 5416000, "typical_volume": 2999290.0, "trend": 75.735386, "fair_value": 89.230172, "relative_strength": -36.067611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.581801, "energy": 69.842892, "activity_lines": [ 58.579856, 60.969868, 66.346516, 70.732945 ] }, { "date": "2025-06-27", "close": 60.157005, "volume": 2016422, "typical_volume": 2955603.2, "trend": 74.876, "fair_value": 89.297089, "relative_strength": -34.208428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.786788, "energy": 54.379434, "activity_lines": [ 58.856661, 60.571337, 65.149169, 69.727888 ] }, { "date": "2025-07-04", "close": 60.157005, "volume": 1594980, "typical_volume": 2636533.35, "trend": 73.926491, "fair_value": 89.391415, "relative_strength": -33.316993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.145073, "energy": 50.355099, "activity_lines": [ 59.242902, 60.19563, 64.081489, 68.778275 ] }, { "date": "2025-07-11", "close": 65.371254, "volume": 5025670, "typical_volume": 2654038.25, "trend": 73.205508, "fair_value": 89.525615, "relative_strength": -27.378997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.825673, "energy": 40.098381, "activity_lines": [ 61.3801, 60.850483, 63.651566, 68.226324 ] }, { "date": "2025-07-18", "close": 66.240295, "volume": 2747342, "typical_volume": 2648941.85, "trend": 72.790299, "fair_value": 89.674919, "relative_strength": -27.677626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.413163, "energy": 25.531881, "activity_lines": [ 63.414301, 61.70899, 63.435914, 67.776956 ] }, { "date": "2025-07-25", "close": 66.626541, "volume": 1774420, "typical_volume": 2617977.45, "trend": 72.339685, "fair_value": 89.764301, "relative_strength": -26.428527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.02742, "energy": 27.022653, "activity_lines": [ 64.978577, 62.657036, 63.379358, 67.379294 ] }, { "date": "2025-08-01", "close": 68.943984, "volume": 2972888, "typical_volume": 2648908.65, "trend": 71.943789, "fair_value": 89.859781, "relative_strength": -23.311859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.737925, "energy": 21.154286, "activity_lines": [ 66.723099, 64.007124, 63.64145, 67.160216 ] }, { "date": "2025-08-08", "close": 71.199997, "volume": 2176137, "typical_volume": 2702131.45, "trend": 71.655279, "fair_value": 89.963702, "relative_strength": -21.80279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.131587, "energy": 28.925093, "activity_lines": [ 68.633826, 65.637478, 64.19013, 67.11223 ] }, { "date": "2025-08-15", "close": 79.900002, "volume": 10033435, "typical_volume": 3117683.15, "trend": 71.714706, "fair_value": 90.116824, "relative_strength": -12.659954, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 48.907834, "energy": 54.398394, "activity_lines": [ 72.708355, 68.652381, 65.620094, 67.644147 ] }, { "date": "2025-08-22", "close": 74.699997, "volume": 3148678, "typical_volume": 3187389.2, "trend": 71.57183, "fair_value": 90.233876, "relative_strength": -15.559536, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.971195, "energy": 57.23958, "activity_lines": [ 74.080966, 70.350575, 66.560583, 67.836747 ] }, { "date": "2025-08-29", "close": 76.0, "volume": 2856810, "typical_volume": 3068574.95, "trend": 71.462633, "fair_value": 90.361998, "relative_strength": -14.888205, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.006318, "energy": 62.012073, "activity_lines": [ 75.322931, 71.968046, 67.640696, 68.122435 ] }, { "date": "2025-09-05", "close": 72.400002, "volume": 1795943, "typical_volume": 2929279.1, "trend": 70.963067, "fair_value": 90.401909, "relative_strength": -18.792144, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.757639, "energy": 50.188438, "activity_lines": [ 74.74, 72.599027, 68.284575, 68.182911 ] }, { "date": "2025-09-12", "close": 75.900002, "volume": 5044948, "typical_volume": 3032206.65, "trend": 70.499701, "fair_value": 90.489981, "relative_strength": -17.119368, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.093381, "energy": 36.255416, "activity_lines": [ 75.093334, 73.643771, 69.209466, 68.501423 ] }, { "date": "2025-09-19", "close": 76.199997, "volume": 1451932, "typical_volume": 2971091.05, "trend": 69.940118, "fair_value": 90.60406, "relative_strength": -16.098062, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.131489, "energy": 34.676073, "activity_lines": [ 75.233333, 74.456824, 70.109572, 68.869184 ] }, { "date": "2025-09-26", "close": 74.0, "volume": 1375638, "typical_volume": 2972626.45, "trend": 69.342608, "fair_value": 90.696373, "relative_strength": -17.355054, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.460777, "energy": 27.414938, "activity_lines": [ 74.886667, 74.672991, 70.760544, 69.131112 ] }, { "date": "2025-10-03", "close": 75.699997, "volume": 772649, "typical_volume": 2832457.75, "trend": 68.959478, "fair_value": 90.834066, "relative_strength": -18.098847, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.984857, "energy": 38.679228, "activity_lines": [ 75.153332, 75.057163, 71.541527, 69.541266 ] }, { "date": "2025-10-10", "close": 76.0, "volume": 683736, "typical_volume": 2777995.6, "trend": 68.692566, "fair_value": 91.006523, "relative_strength": -18.236239, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.321605, "energy": 38.16433, "activity_lines": [ 75.539999, 75.330908, 72.302818, 69.995493 ] }, { "date": "2025-10-17", "close": 70.699997, "volume": 2341378, "typical_volume": 2834026.55, "trend": 68.306923, "fair_value": 91.123659, "relative_strength": -22.695173, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.092844, "energy": 24.867993, "activity_lines": [ 73.919998, 74.512726, 72.49172, 70.125005 ] }, { "date": "2025-10-24", "close": 75.5, "volume": 1038028, "typical_volume": 2829751.7, "trend": 68.119904, "fair_value": 91.286342, "relative_strength": -17.093141, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.504146, "energy": 26.095729, "activity_lines": [ 74.246665, 74.576363, 73.08848, 70.589074 ] }, { "date": "2025-10-31", "close": 71.199997, "volume": 1122949, "typical_volume": 2769499.15, "trend": 67.892549, "fair_value": 91.441621, "relative_strength": -22.630578, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.637038, "energy": 17.551358, "activity_lines": [ 73.186665, 73.93818, 73.199436, 70.78779 ] }, { "date": "2025-11-07", "close": 67.599998, "volume": 1503669, "typical_volume": 2573882.6, "trend": 68.266177, "fair_value": 91.577138, "relative_strength": -24.002063, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.324616, "energy": 12.076268, "activity_lines": [ 71.113331, 72.709089, 72.901154, 70.768916 ] }, { "date": "2025-11-14", "close": 65.699997, "volume": 1772849, "typical_volume": 2561703.95, "trend": 68.4091, "fair_value": 91.653511, "relative_strength": -24.750846, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.26647, "energy": 18.023038, "activity_lines": [ 68.946664, 71.287271, 72.374982, 70.603356 ] }, { "date": "2025-11-21", "close": 63.5, "volume": 1077442, "typical_volume": 2535827.05, "trend": 68.369256, "fair_value": 91.698099, "relative_strength": -23.939838, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.712256, "energy": 45.265765, "activity_lines": [ 66.733332, 69.587271, 71.612891, 70.28664 ] }, { "date": "2025-11-28", "close": 66.300003, "volume": 602001, "typical_volume": 2314643.6, "trend": 68.316528, "fair_value": 91.745718, "relative_strength": -23.380289, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.863483, "energy": 49.08661, "activity_lines": [ 65.933333, 68.621817, 71.101548, 70.153139 ] }, { "date": "2025-12-05", "close": 72.5, "volume": 2574079, "typical_volume": 2305980.45, "trend": 68.48978, "fair_value": 91.840264, "relative_strength": -16.564098, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.771397, "energy": 31.160937, "activity_lines": [ 67.813334, 68.963636, 71.176259, 70.423041 ] }, { "date": "2025-12-12", "close": 73.699997, "volume": 1862323, "typical_volume": 2310375.6, "trend": 68.760967, "fair_value": 91.928688, "relative_strength": -15.239154, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 31.125539, "energy": 16.499657, "activity_lines": [ 70.006666, 69.550908, 71.335447, 70.759184 ] }, { "date": "2025-12-19", "close": 72.900002, "volume": 1015679, "typical_volume": 2212515.15, "trend": 69.131016, "fair_value": 92.012537, "relative_strength": -14.219869, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.694457, "energy": 24.610227, "activity_lines": [ 71.526667, 70.029091, 71.384761, 71.026218 ] }, { "date": "2025-12-26", "close": 69.400002, "volume": 985911, "typical_volume": 2153003.85, "trend": 69.432679, "fair_value": 92.088315, "relative_strength": -20.231704, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.565029, "energy": 24.462903, "activity_lines": [ 71.400001, 69.927273, 71.081904, 71.043572 ] }, { "date": "2026-01-02", "close": 66.300003, "volume": 941284, "typical_volume": 1698396.3, "trend": 69.659976, "fair_value": 92.153063, "relative_strength": -25.283638, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.261646, "energy": 11.569773, "activity_lines": [ 69.846668, 69.285455, 70.492381, 70.841464 ] }, { "date": "2026-01-09", "close": 62.900002, "volume": 1768882, "typical_volume": 1629406.5, "trend": 69.847969, "fair_value": 92.208171, "relative_strength": -30.691882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -39.59534, "energy": 40.660955, "activity_lines": [ 67.160002, 68.192728, 69.64381, 70.405337 ] }, { "date": "2026-01-16", "close": 62.900002, "volume": 2253130, "typical_volume": 1599222.5, "trend": 70.019869, "fair_value": 92.243941, "relative_strength": -32.560231, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.195764, "energy": 67.260495, "activity_lines": [ 65.113336, 67.250911, 68.851429, 69.957081 ] }, { "date": "2026-01-23", "close": 61.700001, "volume": 1817564, "typical_volume": 1600303.55, "trend": 70.071302, "fair_value": 92.276438, "relative_strength": -34.361161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.673248, "energy": 75.54709, "activity_lines": [ 63.386668, 66.176365, 68.007143, 69.420315 ] }, { "date": "2026-01-30", "close": 56.900002, "volume": 2728607, "typical_volume": 1484486.5, "trend": 69.962736, "fair_value": 92.260486, "relative_strength": -39.02458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.654117, "energy": 85.931899, "activity_lines": [ 60.806668, 64.30182, 66.756667, 68.570554 ] }, { "date": "2026-02-06", "close": 54.400002, "volume": 1724784, "typical_volume": 1498129.1, "trend": 69.597027, "fair_value": 92.164966, "relative_strength": -40.396748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.488197, "energy": 91.733061, "activity_lines": [ 58.226668, 62.092729, 65.358572, 67.566506 ] }, { "date": "2026-02-13", "close": 51.099998, "volume": 1853123, "typical_volume": 1522003.35, "trend": 69.092351, "fair_value": 92.068183, "relative_strength": -46.199605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.468549, "energy": 94.537782, "activity_lines": [ 55.340001, 59.500001, 63.750001, 66.37315 ] }, { "date": "2026-02-27", "close": 52.400002, "volume": 1404007, "typical_volume": 1553571.25, "trend": 68.618133, "fair_value": 91.953765, "relative_strength": -46.765223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.707911, "energy": 90.961383, "activity_lines": [ 53.673334, 57.532729, 62.374287, 65.296224 ] }, { "date": "2026-03-06", "close": 49.950001, "volume": 1651130, "typical_volume": 1601940.95, "trend": 67.985, "fair_value": 91.770598, "relative_strength": -45.571299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.853084, "energy": 91.722192, "activity_lines": [ 51.890001, 55.507274, 60.876191, 64.091828 ] }, { "date": "2026-03-13", "close": 45.900002, "volume": 5235483, "typical_volume": 1746646.2, "trend": 67.141667, "fair_value": 91.539921, "relative_strength": -48.789029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.28383, "energy": 93.927131, "activity_lines": [ 49.540001, 53.162729, 59.11643, 62.66699 ] }, { "date": "2026-03-20", "close": 45.549999, "volume": 2916795, "typical_volume": 1840584.55, "trend": 65.996667, "fair_value": 91.315841, "relative_strength": -48.486618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.682957, "energy": 90.797217, "activity_lines": [ 47.806667, 51.181819, 57.44143, 61.273979 ] }, { "date": "2026-03-27", "close": 48.25, "volume": 2260256, "typical_volume": 1897449.9, "trend": 65.115, "fair_value": 91.117909, "relative_strength": -43.801102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.828326, "energy": 70.937443, "activity_lines": [ 47.563334, 50.069092, 56.166191, 60.129033 ] }, { "date": "2026-04-03", "close": 46.900002, "volume": 1198527, "typical_volume": 1882192.8, "trend": 64.145, "fair_value": 90.911323, "relative_strength": -43.49757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.473655, "energy": 66.958325, "activity_lines": [ 47.060001, 48.977274, 54.871668, 58.953872 ] }, { "date": "2026-04-10", "close": 46.700001, "volume": 1430195, "typical_volume": 1865060.1, "trend": 63.288334, "fair_value": 90.733293, "relative_strength": -47.326444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.693914, "energy": 65.171031, "activity_lines": [ 46.856668, 48.140001, 53.656668, 57.828388 ] }, { "date": "2026-04-17", "close": 52.0, "volume": 3686997, "typical_volume": 1995537.85, "trend": 62.491667, "fair_value": 90.591446, "relative_strength": -42.911278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.262916, "energy": 51.77804, "activity_lines": [ 48.636667, 48.539092, 53.036906, 57.100108 ] }, { "date": "2026-04-24", "close": 48.549999, "volume": 3198617, "typical_volume": 2125368.65, "trend": 61.57, "fair_value": 90.389912, "relative_strength": -48.849486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.513479, "energy": 47.348184, "activity_lines": [ 48.86, 48.4, 52.143334, 56.200646 ] }, { "date": "2026-05-01", "close": 47.650002, "volume": 1128559, "typical_volume": 2053092.65, "trend": 60.691667, "fair_value": 90.250018, "relative_strength": -48.972605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.263491, "energy": 44.450039, "activity_lines": [ 48.583334, 48.203637, 51.248572, 55.302581 ] }, { "date": "2026-05-08", "close": 53.299999, "volume": 4575197, "typical_volume": 2188736.35, "trend": 59.945, "fair_value": 90.139159, "relative_strength": -45.731963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.8931, "energy": 29.576744, "activity_lines": [ 50.23, 49.097273, 51.010239, 54.8257 ] }, { "date": "2026-05-15", "close": 53.5, "volume": 17627477, "typical_volume": 3019326.25, "trend": 59.195, "fair_value": 90.022951, "relative_strength": -44.083471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.740926, "energy": 21.932562, "activity_lines": [ 51.516667, 50.010909, 50.888096, 54.409893 ] }, { "date": "2026-05-22", "close": 57.599998, "volume": 13749111, "typical_volume": 3657486.25, "trend": 58.758334, "fair_value": 89.900979, "relative_strength": -40.552538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.30734, "energy": 13.058024, "activity_lines": [ 53.716666, 51.605454, 51.24881, 54.30699 ] }, { "date": "2026-05-29", "close": 50.0, "volume": 9670465, "typical_volume": 4093945.3, "trend": 57.908334, "fair_value": 89.730841, "relative_strength": -50.519095, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.756731, "energy": 19.161396, "activity_lines": [ 53.009999, 51.605454, 50.941905, 53.741936 ] }, { "date": "2026-06-05", "close": 50.299999, "volume": 4091463, "typical_volume": 4210074.35, "trend": 57.211667, "fair_value": 89.569256, "relative_strength": -49.865225, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.006533, "energy": 15.180132, "activity_lines": [ 52.306666, 51.579091, 50.741191, 53.251076 ] }, { "date": "2026-06-12", "close": 50.0, "volume": 3338756, "typical_volume": 4264355.65, "trend": 56.625001, "fair_value": 89.385305, "relative_strength": -48.427518, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.686511, "energy": 16.412214, "activity_lines": [ 51.326666, 51.460909, 50.571905, 52.785807 ] }, { "date": "2026-06-19", "close": 50.599998, "volume": 1759643, "typical_volume": 4261459.6, "trend": 56.121667, "fair_value": 89.216803, "relative_strength": -49.724806, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.796068, "energy": 23.302857, "activity_lines": [ 50.766666, 51.395454, 50.52119, 52.397097 ] }, { "date": "2026-06-26", "close": 46.549999, "volume": 2819527, "typical_volume": 4266005.6, "trend": 55.556667, "fair_value": 88.865973, "relative_strength": -51.100314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.699921, "energy": 33.053523, "activity_lines": [ 49.049999, 50.522726, 50.137619, 51.77957 ] }, { "date": "2026-07-03", "close": 52.0, "volume": 2740753, "typical_volume": 4316804.05, "trend": 55.08, "fair_value": 88.585993, "relative_strength": -47.216556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.427511, "energy": 21.675236, "activity_lines": [ 49.886666, 50.739999, 50.322381, 51.550108 ] }, { "date": "2026-07-10", "close": 52.799999, "volume": 0, "typical_volume": 4224147.9, "trend": 54.423334, "fair_value": 88.338767, "relative_strength": -43.949653, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.897084, "energy": 12.754893, "activity_lines": [ 50.856666, 51.039999, 50.594761, 51.403011 ] }, { "date": "2026-07-17", "close": 50.799999, "volume": 4075889, "typical_volume": 4357742.0, "trend": 53.66, "fair_value": 88.067671, "relative_strength": -41.774382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.845535, "energy": 9.29851, "activity_lines": [ 50.993332, 50.882726, 50.668571, 51.169247 ] }, { "date": "2026-07-24", "close": 52.099998, "volume": 2139507, "typical_volume": 4382160.85, "trend": 52.966667, "fair_value": 87.666774, "relative_strength": -40.715674, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.886357, "energy": 8.499637, "activity_lines": [ 51.509999, 51.007272, 50.873809, 51.068602 ] }, { "date": "2026-07-31", "close": 51.599998, "volume": 2570812, "typical_volume": 4248927.3, "trend": 52.373333, "fair_value": 87.235046, "relative_strength": -39.601121, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.615931, "energy": 5.448309, "activity_lines": [ 51.759998, 51.066362, 51.02119, 50.98043 ] }, { "date": "2026-08-07", "close": 51.799999, "volume": 2484417, "typical_volume": 4227308.4, "trend": 51.89, "fair_value": 86.832226, "relative_strength": -39.849723, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.201662, "energy": 3.269089, "activity_lines": [ 51.739999, 51.270908, 51.160475, 50.94344 ] }, { "date": "2026-08-14", "close": 48.099998, "volume": 3161411, "typical_volume": 4272366.15, "trend": 51.396667, "fair_value": 86.466467, "relative_strength": -45.039829, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.073782, "energy": 14.514183, "activity_lines": [ 50.499998, 50.769999, 50.917618, 50.698924 ] } ], "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." } } }