{ "ticker": { "uuid": "10199947-0a0e-4b96-ba8c-8c41962da69e", "symbol": "8114", "name": "Posiflex Technology, Inc.", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 56.565, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 46.212, "architecture_energy": 29.533, "architecture_maturity": 20.878, "architecture_confidence": 51.984, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 39.75, "rotation_up": 46.57, "upward_expansion": 71.28, "deceleration": 61.97, "rotation_down": 19.66, "downward_expansion": 4.95 }, "activity_lines": [ 210.2, 206.129164, 203.726367, 196.351007 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 204.0, "trend_reference": 187.84917, "distance_from_trend": 0.085978, "trend_direction": "Improving", "fair_value": 185.626745, "distance_from_fair_value": 0.09898, "fair_value_direction": "Weakening", "relative_strength": -25.359356, "relative_strength_direction": "Improving", "price_momentum": 0.230043, "excess_performance": -0.211329, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085978, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059981, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.09898, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.057989, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.253594, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.10461, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.230043, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.963188, "read": "Supply-led" } ], "volume": { "latest": 4371155, "relative_activity": 0.79542, "balance": 0.963188, "dry_up": 1.449031, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.155736, "annualized_volatility": 0.594303, "from_high_reference": -0.25817, "from_low_reference": 0.328446 }, "levels": { "trend_reference": 187.84917, "fair_value_reference": 185.626745, "structural_low": 153.562889, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.030609, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": 0.024583, "regime_survival": 0.5, "best_return": 0.18408, "worst_return": -0.187396, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.026906, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.040353, "regime_survival": 0.0, "best_return": 0.696721, "worst_return": -0.157895, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.401686, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.406636, "regime_survival": 0.2, "best_return": 0.743169, "worst_return": -0.19841, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.118564, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.273184, "regime_survival": 0.0, "best_return": 1.733721, "worst_return": -0.425049, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-01-26", "tenure": "Developing", "return": 0.017241, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-02", "end": "2024-03-01", "tenure": "Developing", "return": 0.092827, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-04-05", "tenure": "Developing", "return": 0.004237, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-12", "end": "2024-05-24", "tenure": "Developing", "return": 0.06383, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2024-08-23", "tenure": "Established", "return": 0.414392, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-30", "end": "2024-09-20", "tenure": "New", "return": 0.163934, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-02-07", "tenure": "Established", "return": 0.568238, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.20712, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.269311, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-25", "tenure": "Developing", "return": -0.183967, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-01", "end": "2026-05-01", "tenure": "Extended", "return": -0.282651, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": 0.191436, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": -0.2042, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-14", "tenure": "Developing", "return": 0.004926, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 92.008507, "volume": 1292245, "typical_volume": 2682732.8, "trend": 96.626923, "fair_value": 84.105778, "relative_strength": -17.667498, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.194358, "energy": 11.735127, "activity_lines": [ 97.603824, 99.21814, 97.327027, 96.787324 ] }, { "date": "2023-08-18", "close": 92.008507, "volume": 1642409, "typical_volume": 2661193.25, "trend": 96.606061, "fair_value": 84.286247, "relative_strength": -15.90416, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.152329, "energy": 20.170563, "activity_lines": [ 95.09042, 97.803324, 96.977033, 96.489362 ] }, { "date": "2023-08-25", "close": 92.457336, "volume": 625892, "typical_volume": 2674234.6, "trend": 96.473264, "fair_value": 84.470079, "relative_strength": -15.28052, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.128584, "energy": 29.00897, "activity_lines": [ 93.564426, 96.535326, 96.682836, 96.221702 ] }, { "date": "2023-09-01", "close": 94.252625, "volume": 742711, "typical_volume": 2641102.2, "trend": 96.259314, "fair_value": 84.679517, "relative_strength": -13.66768, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.915378, "energy": 28.11898, "activity_lines": [ 93.235292, 95.78154, 96.570534, 96.078435 ] }, { "date": "2023-09-08", "close": 97.394371, "volume": 848629, "typical_volume": 2588927.25, "trend": 96.234687, "fair_value": 84.907636, "relative_strength": -9.445613, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.340223, "energy": 18.367671, "activity_lines": [ 94.491992, 95.754134, 96.75981, 96.151665 ] }, { "date": "2023-09-15", "close": 95.150269, "volume": 718150, "typical_volume": 2574224.6, "trend": 96.008359, "fair_value": 85.113591, "relative_strength": -12.469077, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.987475, "energy": 10.681292, "activity_lines": [ 95.000659, 95.370596, 96.70061, 96.081702 ] }, { "date": "2023-09-22", "close": 92.906158, "volume": 481148, "typical_volume": 2569678.2, "trend": 95.721328, "fair_value": 85.295924, "relative_strength": -10.568077, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.136897, "energy": 10.906107, "activity_lines": [ 94.551838, 94.644321, 96.401605, 95.88156 ] }, { "date": "2023-09-29", "close": 94.252625, "volume": 574771, "typical_volume": 2511804.85, "trend": 95.42278, "fair_value": 85.492237, "relative_strength": -8.480185, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.044091, "energy": 4.334673, "activity_lines": [ 94.491995, 94.375028, 96.215441, 95.786805 ] }, { "date": "2023-10-06", "close": 93.35498, "volume": 719460, "typical_volume": 2469996.85, "trend": 95.164809, "fair_value": 85.672036, "relative_strength": -9.486363, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.357632, "energy": 14.393855, "activity_lines": [ 94.013252, 94.073094, 95.907882, 95.653399 ] }, { "date": "2023-10-13", "close": 96.047913, "volume": 1439363, "typical_volume": 2495741.85, "trend": 95.222196, "fair_value": 85.875774, "relative_strength": -7.621131, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.809447, "energy": 7.549667, "activity_lines": [ 94.491996, 94.423992, 95.845304, 95.710373 ] }, { "date": "2023-10-20", "close": 93.35498, "volume": 2157804, "typical_volume": 2538625.8, "trend": 95.161619, "fair_value": 86.06636, "relative_strength": -7.793066, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.480322, "energy": 13.97828, "activity_lines": [ 94.16286, 94.309747, 95.503959, 95.589907 ] }, { "date": "2023-10-27", "close": 91.559692, "volume": 763043, "typical_volume": 2487576.35, "trend": 95.055299, "fair_value": 86.244924, "relative_strength": -7.392319, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.595587, "energy": 23.109538, "activity_lines": [ 93.35498, 93.844604, 94.990217, 95.357525 ] }, { "date": "2023-11-03", "close": 93.35498, "volume": 1426610, "typical_volume": 1536842.3, "trend": 95.008822, "fair_value": 86.433455, "relative_strength": -7.180135, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.613219, "energy": 17.660624, "activity_lines": [ 93.235294, 93.714038, 94.666671, 95.247827 ] }, { "date": "2023-11-10", "close": 97.394371, "volume": 1279306, "typical_volume": 1502485.95, "trend": 95.096992, "fair_value": 86.649934, "relative_strength": -3.624643, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.94699, "energy": 6.239626, "activity_lines": [ 94.521915, 94.301585, 94.772739, 95.401733 ] }, { "date": "2023-11-17", "close": 101.882599, "volume": 1497579, "typical_volume": 1448589.65, "trend": 95.489864, "fair_value": 86.900834, "relative_strength": -1.919154, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.421016, "energy": 24.540538, "activity_lines": [ 97.035319, 95.648052, 95.331933, 95.839515 ] }, { "date": "2023-11-24", "close": 101.882599, "volume": 743429, "typical_volume": 1353247.35, "trend": 95.896836, "fair_value": 87.149166, "relative_strength": -1.964484, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 37.252867, "energy": 44.119936, "activity_lines": [ 99.159744, 96.912914, 95.883343, 96.251949 ] }, { "date": "2023-12-01", "close": 104.126709, "volume": 857052, "typical_volume": 1182138.35, "trend": 96.378612, "fair_value": 87.405719, "relative_strength": -0.440962, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.877865, "energy": 67.300846, "activity_lines": [ 101.463697, 98.46339, 96.633517, 96.782909 ] }, { "date": "2023-12-08", "close": 104.126709, "volume": 847227, "typical_volume": 1104289.05, "trend": 96.959085, "fair_value": 87.666895, "relative_strength": 0.233629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.011566, "energy": 75.281009, "activity_lines": [ 102.92985, 99.809856, 97.385828, 97.282786 ] }, { "date": "2023-12-15", "close": 108.1661, "volume": 2259416, "typical_volume": 1131827.8, "trend": 97.533208, "fair_value": 87.952937, "relative_strength": 2.644455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.288145, "energy": 80.918171, "activity_lines": [ 105.024351, 101.711228, 98.51002, 98.005819 ] }, { "date": "2023-12-22", "close": 103.677887, "volume": 843902, "typical_volume": 1088007.3, "trend": 97.943625, "fair_value": 88.215859, "relative_strength": -0.972379, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.756455, "energy": 69.93526, "activity_lines": [ 104.904665, 102.527269, 99.178979, 98.40225 ] }, { "date": "2023-12-29", "close": 110.410217, "volume": 3435020, "typical_volume": 1195146.05, "trend": 98.522053, "fair_value": 88.517828, "relative_strength": 3.614072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.69464, "energy": 70.79831, "activity_lines": [ 106.909404, 104.428642, 100.459191, 99.206546 ] }, { "date": "2024-01-05", "close": 109.063751, "volume": 731302, "typical_volume": 1149590.7, "trend": 98.971003, "fair_value": 88.818357, "relative_strength": 4.835995, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.793489, "energy": 63.092797, "activity_lines": [ 107.896813, 105.775109, 101.52354, 99.886656 ] }, { "date": "2024-01-12", "close": 105.921997, "volume": 903377, "typical_volume": 1163464.95, "trend": 99.075534, "fair_value": 89.093096, "relative_strength": 2.032392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.558527, "energy": 47.447499, "activity_lines": [ 107.507834, 106.232091, 102.207459, 100.335107 ] }, { "date": "2024-01-19", "close": 105.024353, "volume": 914261, "typical_volume": 1172042.45, "trend": 99.150144, "fair_value": 89.356944, "relative_strength": 0.303111, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.965461, "energy": 43.746768, "activity_lines": [ 106.699955, 106.297375, 102.741771, 100.718902 ] }, { "date": "2024-01-26", "close": 105.921997, "volume": 349457, "typical_volume": 1147083.85, "trend": 99.339272, "fair_value": 89.63271, "relative_strength": -0.417001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.132838, "energy": 35.217538, "activity_lines": [ 106.40074, 106.387139, 103.310279, 101.155796 ] }, { "date": "2024-02-02", "close": 106.370811, "volume": 518478, "typical_volume": 1137100.25, "trend": 99.593605, "fair_value": 89.897485, "relative_strength": -0.171797, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.505203, "energy": 26.899902, "activity_lines": [ 106.101523, 106.485063, 103.880924, 101.609443 ] }, { "date": "2024-02-09", "close": 105.921997, "volume": 140026, "typical_volume": 1120044.15, "trend": 99.638487, "fair_value": 90.178902, "relative_strength": -0.648189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.233193, "energy": 25.255436, "activity_lines": [ 105.921995, 106.41978, 104.355393, 102.017727 ] }, { "date": "2024-02-16", "close": 103.229065, "volume": 561589, "typical_volume": 1119385.05, "trend": 99.69833, "fair_value": 90.444083, "relative_strength": -5.514073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.077999, "energy": 20.87319, "activity_lines": [ 105.054273, 105.832231, 104.511412, 102.249377 ] }, { "date": "2024-02-23", "close": 110.859039, "volume": 3344149, "typical_volume": 1250619.5, "trend": 99.982584, "fair_value": 90.755093, "relative_strength": 0.177913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.079052, "energy": 34.28497, "activity_lines": [ 106.909404, 106.648272, 105.351351, 102.969423 ] }, { "date": "2024-03-01", "close": 116.244904, "volume": 3941133, "typical_volume": 1375708.0, "trend": 100.610935, "fair_value": 91.103709, "relative_strength": 4.948706, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.011059, "energy": 53.190879, "activity_lines": [ 110.170845, 108.394598, 106.620876, 104.018604 ] }, { "date": "2024-03-08", "close": 105.921997, "volume": 4238707, "typical_volume": 1479753.15, "trend": 101.074718, "fair_value": 91.382044, "relative_strength": -8.126788, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.782554, "energy": 34.158847, "activity_lines": [ 109.303123, 108.03554, 106.811091, 104.361254 ] }, { "date": "2024-03-15", "close": 104.126709, "volume": 1509974, "typical_volume": 1517099.7, "trend": 101.478658, "fair_value": 91.651952, "relative_strength": -8.967675, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.479477, "energy": 29.84472, "activity_lines": [ 107.866893, 107.431671, 106.770484, 104.558156 ] }, { "date": "2024-03-22", "close": 108.614929, "volume": 1436066, "typical_volume": 1517572.5, "trend": 102.017244, "fair_value": 91.942926, "relative_strength": -7.419465, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.714766, "energy": 27.733458, "activity_lines": [ 108.046421, 107.733605, 107.097483, 105.018561 ] }, { "date": "2024-03-29", "close": 105.473183, "volume": 773216, "typical_volume": 1492268.0, "trend": 102.391263, "fair_value": 92.186023, "relative_strength": -10.15932, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.928547, "energy": 17.312908, "activity_lines": [ 106.819644, 107.415351, 107.052601, 105.241525 ] }, { "date": "2024-04-05", "close": 106.370811, "volume": 617040, "typical_volume": 1448241.05, "trend": 102.690478, "fair_value": 92.445661, "relative_strength": -9.360164, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.281025, "energy": 15.629402, "activity_lines": [ 106.251133, 107.252142, 107.054738, 105.49827 ] }, { "date": "2024-04-12", "close": 105.473183, "volume": 465455, "typical_volume": 1434342.35, "trend": 103.034575, "fair_value": 92.706737, "relative_strength": -11.600362, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.652306, "energy": 8.8518, "activity_lines": [ 106.041685, 106.917567, 106.950013, 105.677799 ] }, { "date": "2024-04-19", "close": 99.638489, "volume": 976203, "typical_volume": 1440299.9, "trend": 103.258986, "fair_value": 92.922705, "relative_strength": -11.118688, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -8.357549, "energy": 15.008133, "activity_lines": [ 103.91726, 105.538459, 106.272506, 105.458697 ] }, { "date": "2024-04-26", "close": 103.677887, "volume": 758083, "typical_volume": 1435842.7, "trend": 103.573161, "fair_value": 93.176381, "relative_strength": -10.061222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.670656, "energy": 18.307683, "activity_lines": [ 103.438516, 105.008033, 106.001076, 105.485723 ] }, { "date": "2024-05-03", "close": 109.512573, "volume": 1053234, "typical_volume": 1375533.6, "trend": 104.111748, "fair_value": 93.473623, "relative_strength": -5.868911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.821842, "energy": 14.050489, "activity_lines": [ 105.233804, 105.530299, 106.287467, 105.86891 ] }, { "date": "2024-05-10", "close": 110.410217, "volume": 911119, "typical_volume": 1378894.45, "trend": 104.590491, "fair_value": 93.779187, "relative_strength": -6.749902, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.258383, "energy": 16.038862, "activity_lines": [ 107.059013, 106.240253, 106.652936, 106.275263 ] }, { "date": "2024-05-17", "close": 112.205505, "volume": 879246, "typical_volume": 1251105.75, "trend": 105.218842, "fair_value": 94.110642, "relative_strength": -7.576769, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.032796, "energy": 33.855533, "activity_lines": [ 109.213358, 107.382709, 107.157327, 106.766555 ] }, { "date": "2024-05-24", "close": 112.205505, "volume": 654637, "typical_volume": 1247272.5, "trend": 105.907036, "fair_value": 94.47343, "relative_strength": -8.789787, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.139393, "energy": 52.824322, "activity_lines": [ 110.918882, 108.410919, 107.653168, 107.217307 ] }, { "date": "2024-05-31", "close": 119.38665, "volume": 1402760, "typical_volume": 1272241.65, "trend": 106.774758, "fair_value": 94.87506, "relative_strength": -1.182482, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.53146, "energy": 77.031977, "activity_lines": [ 114.180319, 110.597905, 108.817967, 108.08696 ] }, { "date": "2024-06-07", "close": 134.1978, "volume": 7901908, "typical_volume": 1621624.0, "trend": 108.001539, "fair_value": 95.37266, "relative_strength": 7.426991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.800662, "energy": 94.830753, "activity_lines": [ 121.331556, 115.281978, 111.329235, 109.856188 ] }, { "date": "2024-06-14", "close": 142.725403, "volume": 5966360, "typical_volume": 1902469.15, "trend": 109.362966, "fair_value": 95.923384, "relative_strength": 10.82408, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.268287, "energy": 98.427548, "activity_lines": [ 129.679645, 120.994258, 114.513734, 112.096437 ] }, { "date": "2024-06-21", "close": 143.623047, "volume": 3061699, "typical_volume": 2029630.2, "trend": 110.754314, "fair_value": 96.480889, "relative_strength": 7.857561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.437173, "energy": 96.797914, "activity_lines": [ 136.172603, 126.208754, 117.608469, 114.306765 ] }, { "date": "2024-06-28", "close": 156.638885, "volume": 5333703, "typical_volume": 2289314.05, "trend": 112.50472, "fair_value": 97.122342, "relative_strength": 18.413843, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.735704, "energy": 97.990404, "activity_lines": [ 144.909671, 133.096131, 121.765415, 117.26706 ] }, { "date": "2024-07-05", "close": 168.75708, "volume": 4751763, "typical_volume": 2498822.75, "trend": 114.659066, "fair_value": 97.839422, "relative_strength": 24.219976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.464102, "energy": 98.241117, "activity_lines": [ 154.723912, 141.150446, 126.834967, 120.896245 ] }, { "date": "2024-07-12", "close": 188.64418, "volume": 6643967, "typical_volume": 2663813.65, "trend": 117.341668, "fair_value": 98.683983, "relative_strength": 35.933883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.0796, "energy": 98.3895, "activity_lines": [ 167.875825, 151.63734, 133.48649, 125.669478 ] }, { "date": "2024-07-19", "close": 179.442032, "volume": 5529856, "typical_volume": 2743249.8, "trend": 119.86714, "fair_value": 99.447469, "relative_strength": 34.384504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.809924, "energy": 87.171741, "activity_lines": [ 174.330596, 159.012359, 138.891212, 129.675953 ] }, { "date": "2024-07-26", "close": 174.840958, "volume": 1325459, "typical_volume": 2597587.4, "trend": 122.014831, "fair_value": 100.1604, "relative_strength": 34.498606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.464201, "energy": 71.756752, "activity_lines": [ 176.8039, 164.295695, 143.556798, 133.222651 ] }, { "date": "2024-08-02", "close": 170.699982, "volume": 2861492, "typical_volume": 2665163.3, "trend": 124.069372, "fair_value": 100.854492, "relative_strength": 33.313874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.81173, "energy": 67.44127, "activity_lines": [ 175.815685, 167.6873, 147.49982, 136.363628 ] }, { "date": "2024-08-09", "close": 170.239883, "volume": 3582214, "typical_volume": 2772470.7, "trend": 126.213302, "fair_value": 101.550257, "relative_strength": 32.970076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.565718, "energy": 62.694572, "activity_lines": [ 173.736697, 169.931715, 151.082008, 139.342371 ] }, { "date": "2024-08-16", "close": 175.301056, "volume": 2503733, "typical_volume": 2858996.55, "trend": 128.555859, "fair_value": 102.277952, "relative_strength": 30.592023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.063837, "energy": 57.947423, "activity_lines": [ 173.245914, 172.171739, 154.852759, 142.509323 ] }, { "date": "2024-08-23", "close": 168.859543, "volume": 1828891, "typical_volume": 2919589.1, "trend": 130.653777, "fair_value": 102.961664, "relative_strength": 26.06757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.981997, "energy": 45.667227, "activity_lines": [ 171.497501, 172.493246, 157.67752, 145.10956 ] }, { "date": "2024-08-30", "close": 168.399445, "volume": 1605466, "typical_volume": 2976589.65, "trend": 132.721398, "fair_value": 103.650809, "relative_strength": 24.351225, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.872643, "energy": 40.471727, "activity_lines": [ 170.301221, 172.255934, 160.160896, 147.544765 ] }, { "date": "2024-09-06", "close": 169.319672, "volume": 1950147, "typical_volume": 3025286.85, "trend": 134.834654, "fair_value": 104.335375, "relative_strength": 29.06318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.522559, "energy": 37.241663, "activity_lines": [ 169.841118, 171.735455, 162.432265, 149.905944 ] }, { "date": "2024-09-13", "close": 179.442032, "volume": 3388579, "typical_volume": 3156811.65, "trend": 137.375086, "fair_value": 105.067537, "relative_strength": 33.63784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.602995, "energy": 43.638241, "activity_lines": [ 172.847155, 172.824846, 165.335852, 152.783839 ] }, { "date": "2024-09-20", "close": 196.00592, "volume": 7668247, "typical_volume": 3487562.3, "trend": 140.213315, "fair_value": 105.9195, "relative_strength": 41.941924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.287059, "energy": 52.7787, "activity_lines": [ 180.761012, 176.731581, 169.456171, 156.566474 ] }, { "date": "2024-09-27", "close": 185.423431, "volume": 3701803, "typical_volume": 3627096.5, "trend": 142.519266, "fair_value": 106.69734, "relative_strength": 29.43234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.443112, "energy": 49.911997, "activity_lines": [ 183.767048, 178.580377, 172.15676, 159.483255 ] }, { "date": "2024-10-04", "close": 193.24527, "volume": 1987418, "typical_volume": 3682505.1, "trend": 145.430042, "fair_value": 107.520604, "relative_strength": 36.774934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.676237, "energy": 58.236206, "activity_lines": [ 188.276105, 181.742573, 175.245081, 162.755901 ] }, { "date": "2024-10-11", "close": 192.325058, "volume": 1876473, "typical_volume": 3743596.9, "trend": 148.369987, "fair_value": 108.345305, "relative_strength": 31.495972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.321469, "energy": 67.548286, "activity_lines": [ 190.822036, 184.402834, 177.859859, 165.781386 ] }, { "date": "2024-10-18", "close": 192.785156, "volume": 1626602, "typical_volume": 3754789.0, "trend": 151.175661, "fair_value": 109.164048, "relative_strength": 27.552343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.698238, "energy": 60.886285, "activity_lines": [ 191.98764, 186.753566, 180.136935, 168.64688 ] }, { "date": "2024-10-25", "close": 198.766556, "volume": 2971787, "typical_volume": 3508282.95, "trend": 154.28544, "fair_value": 110.026372, "relative_strength": 31.17904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.333718, "energy": 58.5524, "activity_lines": [ 194.257503, 189.781911, 182.63415, 171.717261 ] }, { "date": "2024-11-01", "close": 192.785156, "volume": 1656169, "typical_volume": 3292773.4, "trend": 157.165918, "fair_value": 110.842496, "relative_strength": 29.329979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.372338, "energy": 48.215649, "activity_lines": [ 194.349524, 191.296083, 184.254238, 174.201113 ] }, { "date": "2024-11-08", "close": 192.325058, "volume": 1667490, "typical_volume": 3223062.95, "trend": 160.060981, "fair_value": 111.598559, "relative_strength": 23.934963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.647748, "energy": 44.132891, "activity_lines": [ 193.797397, 192.29159, 185.592128, 176.469445 ] }, { "date": "2024-11-15", "close": 256.740143, "volume": 14639228, "typical_volume": 3688339.2, "trend": 165.297703, "fair_value": 112.768589, "relative_strength": 68.701272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.79322, "energy": 72.914199, "activity_lines": [ 214.778312, 204.563919, 192.832873, 182.70681 ] }, { "date": "2024-11-22", "close": 275.14444, "volume": 9337545, "typical_volume": 3917628.3, "trend": 171.013255, "fair_value": 114.003152, "relative_strength": 76.416874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.520658, "energy": 93.745689, "activity_lines": [ 237.599654, 218.593022, 201.349736, 189.793696 ] }, { "date": "2024-11-29", "close": 285.726929, "volume": 7989118, "typical_volume": 3984885.85, "trend": 176.887066, "fair_value": 115.292452, "relative_strength": 84.899834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.642078, "energy": 95.606601, "activity_lines": [ 258.457874, 232.806169, 210.367849, 197.194579 ] }, { "date": "2024-12-06", "close": 308.272217, "volume": 7617475, "typical_volume": 4089266.8, "trend": 183.482466, "fair_value": 116.715795, "relative_strength": 87.686909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.177775, "energy": 95.983097, "activity_lines": [ 281.033831, 249.487168, 221.070832, 205.67104 ] }, { "date": "2024-12-13", "close": 311.032837, "volume": 6586032, "typical_volume": 4352295.45, "trend": 190.110044, "fair_value": 118.141116, "relative_strength": 87.035116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.70589, "energy": 93.323005, "activity_lines": [ 296.830858, 264.436484, 231.423255, 213.900096 ] }, { "date": "2024-12-20", "close": 325.296204, "volume": 6396418, "typical_volume": 4529041.75, "trend": 197.213067, "fair_value": 119.600235, "relative_strength": 95.589463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.869331, "energy": 93.798762, "activity_lines": [ 309.468488, 279.837548, 242.485562, 222.621784 ] }, { "date": "2024-12-27", "close": 332.197815, "volume": 2738265, "typical_volume": 4486844.3, "trend": 204.306773, "fair_value": 121.06692, "relative_strength": 89.175065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.863605, "energy": 90.72454, "activity_lines": [ 319.836251, 294.075793, 253.468992, 231.330477 ] }, { "date": "2025-01-03", "close": 334.958466, "volume": 2458713, "typical_volume": 4484593.3, "trend": 210.998795, "fair_value": 122.574878, "relative_strength": 89.745233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.642531, "energy": 78.236039, "activity_lines": [ 327.320673, 306.281198, 263.944113, 239.759619 ] }, { "date": "2025-01-10", "close": 317.014282, "volume": 4825853, "typical_volume": 4634441.4, "trend": 216.808424, "fair_value": 123.95995, "relative_strength": 75.389701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.602048, "energy": 66.69611, "activity_lines": [ 325.541598, 312.747808, 271.94999, 246.599328 ] }, { "date": "2025-01-17", "close": 307.812073, "volume": 2242368, "typical_volume": 4666286.5, "trend": 222.281392, "fair_value": 125.30961, "relative_strength": 66.300576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.963215, "energy": 63.342815, "activity_lines": [ 320.112315, 315.282578, 278.373968, 252.470531 ] }, { "date": "2025-01-24", "close": 309.652557, "volume": 2104041, "typical_volume": 4673981.2, "trend": 227.381848, "fair_value": 126.66845, "relative_strength": 61.780536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.29068, "energy": 52.055086, "activity_lines": [ 315.511245, 316.052217, 284.309361, 258.10738 ] }, { "date": "2025-02-07", "close": 290.788116, "volume": 2932749, "typical_volume": 4651189.7, "trend": 231.449549, "fair_value": 127.940419, "relative_strength": 49.927814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.595662, "energy": 37.455483, "activity_lines": [ 305.664937, 312.429914, 287.779888, 262.198107 ] }, { "date": "2025-02-14", "close": 284.346588, "volume": 4404988, "typical_volume": 4488026.75, "trend": 234.639629, "fair_value": 129.189435, "relative_strength": 46.476866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.03307, "energy": 25.616315, "activity_lines": [ 296.4321, 307.351994, 290.106717, 265.610819 ] }, { "date": "2025-02-21", "close": 294.929077, "volume": 3240691, "typical_volume": 4464971.15, "trend": 238.489197, "fair_value": 130.495809, "relative_strength": 45.927115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.500958, "energy": 24.165449, "activity_lines": [ 294.100885, 304.22326, 293.020732, 269.500461 ] }, { "date": "2025-02-28", "close": 277.444977, "volume": 6656287, "typical_volume": 4698414.6, "trend": 241.909331, "fair_value": 131.726781, "relative_strength": 39.367611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.973564, "energy": 23.978496, "activity_lines": [ 287.413983, 298.158201, 293.748139, 272.013737 ] }, { "date": "2025-03-07", "close": 293.548737, "volume": 4071069, "typical_volume": 4808144.4, "trend": 246.00429, "fair_value": 133.074081, "relative_strength": 48.306283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.067975, "energy": 19.085415, "activity_lines": [ 288.119474, 295.631787, 295.608287, 275.345312 ] }, { "date": "2025-03-14", "close": 277.444977, "volume": 6242214, "typical_volume": 5038925.0, "trend": 249.577793, "fair_value": 134.334394, "relative_strength": 41.787109, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.402769, "energy": 13.793635, "activity_lines": [ 284.530634, 290.754643, 295.452726, 277.373743 ] }, { "date": "2025-03-21", "close": 276.52478, "volume": 2643462, "typical_volume": 5022508.75, "trend": 252.951917, "fair_value": 135.592475, "relative_strength": 37.654948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.758009, "energy": 12.848996, "activity_lines": [ 281.524603, 286.705696, 294.806385, 279.112258 ] }, { "date": "2025-03-28", "close": 256.740143, "volume": 1575312, "typical_volume": 5018465.9, "trend": 255.88127, "fair_value": 136.725304, "relative_strength": 29.597358, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.891784, "energy": 14.971012, "activity_lines": [ 272.445148, 280.121974, 291.905516, 279.35666 ] }, { "date": "2025-04-04", "close": 259.04068, "volume": 1558746, "typical_volume": 5013028.7, "trend": 258.902645, "fair_value": 137.848779, "relative_strength": 30.719713, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.401348, "energy": 25.761473, "activity_lines": [ 266.678467, 275.052424, 288.919197, 279.560493 ] }, { "date": "2025-04-11", "close": 225.45282, "volume": 2980044, "typical_volume": 4430069.5, "trend": 260.77375, "fair_value": 138.759566, "relative_strength": 22.480205, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.331375, "energy": 51.389479, "activity_lines": [ 250.942786, 264.762744, 282.416342, 277.40244 ] }, { "date": "2025-04-18", "close": 220.391617, "volume": 2819033, "typical_volume": 4104143.9, "trend": 262.138736, "fair_value": 139.64577, "relative_strength": 19.031868, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.5947, "energy": 62.237033, "activity_lines": [ 238.059765, 255.083749, 275.580454, 274.797141 ] }, { "date": "2025-04-25", "close": 234.654968, "volume": 3068288, "typical_volume": 3858102.4, "trend": 263.427038, "fair_value": 140.502897, "relative_strength": 22.040468, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.095512, "energy": 58.119635, "activity_lines": [ 233.734751, 249.278027, 270.363709, 273.023995 ] }, { "date": "2025-05-02", "close": 243.397003, "volume": 1863661, "typical_volume": 3570411.7, "trend": 265.35949, "fair_value": 141.423923, "relative_strength": 19.459082, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.009638, "energy": 51.718045, "activity_lines": [ 235.115071, 245.965249, 266.222738, 271.731734 ] }, { "date": "2025-05-09", "close": 262.261444, "volume": 4997904, "typical_volume": 3491005.3, "trend": 267.660029, "fair_value": 142.481593, "relative_strength": 26.163134, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.262864, "energy": 28.356025, "activity_lines": [ 243.673079, 247.019317, 264.18731, 271.53186 ] }, { "date": "2025-05-16", "close": 279.745544, "volume": 4480644, "typical_volume": 3395216.6, "trend": 270.574045, "fair_value": 143.65134, "relative_strength": 27.015716, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.472672, "energy": 7.339448, "activity_lines": [ 257.844404, 251.528377, 264.04928, 272.311571 ] }, { "date": "2025-05-23", "close": 291.24823, "volume": 6554822, "typical_volume": 3586044.45, "trend": 273.856148, "fair_value": 144.9184, "relative_strength": 31.359967, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.64563, "energy": 17.772682, "activity_lines": [ 272.230442, 258.379801, 265.223651, 273.645389 ] }, { "date": "2025-05-30", "close": 297.229645, "volume": 3076183, "typical_volume": 3616917.95, "trend": 277.138251, "fair_value": 146.202844, "relative_strength": 33.781732, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.155258, "energy": 26.24863, "activity_lines": [ 283.886511, 266.067787, 267.162679, 275.153357 ] }, { "date": "2025-06-06", "close": 261.801331, "volume": 5059175, "typical_volume": 3628584.05, "trend": 279.43879, "fair_value": 147.226128, "relative_strength": 14.763539, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.878013, "energy": 20.641827, "activity_lines": [ 279.561497, 266.937809, 265.907242, 274.163878 ] }, { "date": "2025-06-13", "close": 276.984863, "volume": 7285776, "typical_volume": 3880754.45, "trend": 282.260783, "fair_value": 148.357221, "relative_strength": 17.773161, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.415537, "energy": 17.089058, "activity_lines": [ 279.070705, 270.476452, 266.360775, 274.00556 ] }, { "date": "2025-06-20", "close": 255.819916, "volume": 3606503, "typical_volume": 3955877.55, "trend": 282.230109, "fair_value": 149.329064, "relative_strength": 7.883532, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.891587, "energy": 11.815417, "activity_lines": [ 270.54337, 269.840664, 264.945395, 272.299698 ] }, { "date": "2025-06-27", "close": 264.600677, "volume": 3752405, "typical_volume": 3996860.35, "trend": 281.87865, "fair_value": 150.406968, "relative_strength": 7.877039, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.3562, "energy": 17.292146, "activity_lines": [ 266.537996, 270.24925, 264.622624, 271.162315 ] }, { "date": "2025-07-04", "close": 268.380676, "volume": 2615407, "typical_volume": 3907381.3, "trend": 281.300442, "fair_value": 151.53268, "relative_strength": 8.595358, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.172867, "energy": 16.340957, "activity_lines": [ 265.569126, 270.541307, 264.784555, 270.291478 ] }, { "date": "2025-07-11", "close": 249.953125, "volume": 4765630, "typical_volume": 3983628.25, "trend": 279.356472, "fair_value": 152.470636, "relative_strength": -0.43356, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.648573, "energy": 27.133711, "activity_lines": [ 260.381004, 266.869705, 263.26751, 268.269071 ] }, { "date": "2025-07-18", "close": 245.228119, "volume": 1439129, "typical_volume": 3722770.35, "trend": 277.162982, "fair_value": 153.310517, "relative_strength": -5.385077, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.612295, "energy": 38.190932, "activity_lines": [ 254.40776, 262.21981, 261.514635, 266.067241 ] }, { "date": "2025-07-25", "close": 237.668091, "volume": 1454722, "typical_volume": 3591953.0, "trend": 274.242045, "fair_value": 154.107359, "relative_strength": -8.597157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.946215, "energy": 55.470912, "activity_lines": [ 248.031622, 256.50506, 259.19517, 263.519184 ] }, { "date": "2025-08-01", "close": 242.393113, "volume": 1257091, "typical_volume": 3342696.85, "trend": 271.248555, "fair_value": 154.948046, "relative_strength": -7.448516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.641663, "energy": 58.744256, "activity_lines": [ 244.440614, 252.41445, 257.591807, 261.464414 ] }, { "date": "2025-08-08", "close": 244.755615, "volume": 2493864, "typical_volume": 3335216.95, "trend": 268.241793, "fair_value": 155.790321, "relative_strength": -9.189122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.685687, "energy": 56.330352, "activity_lines": [ 243.117611, 249.641661, 256.380357, 259.755192 ] }, { "date": "2025-08-15", "close": 263.183167, "volume": 4364440, "typical_volume": 3474673.35, "trend": 266.447422, "fair_value": 156.577188, "relative_strength": -4.083274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.114027, "energy": 28.724587, "activity_lines": [ 249.512129, 251.173409, 257.075193, 259.428829 ] }, { "date": "2025-08-22", "close": 250.425629, "volume": 3644836, "typical_volume": 3578977.85, "trend": 264.534541, "fair_value": 157.363619, "relative_strength": -6.971079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.925318, "energy": 20.013209, "activity_lines": [ 250.772132, 250.360481, 256.524346, 258.395165 ] }, { "date": "2025-08-29", "close": 259.403168, "volume": 2556542, "typical_volume": 3557802.75, "trend": 262.859561, "fair_value": 158.177772, "relative_strength": -5.99177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.10678, "energy": 14.265629, "activity_lines": [ 254.678147, 251.662727, 256.869525, 258.064109 ] }, { "date": "2025-09-05", "close": 235.305588, "volume": 2627530, "typical_volume": 3548227.6, "trend": 261.010144, "fair_value": 158.813051, "relative_strength": -15.925337, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.393126, "energy": 19.544498, "activity_lines": [ 249.10263, 248.518445, 254.758029, 256.286433 ] }, { "date": "2025-09-12", "close": 221.130554, "volume": 2466641, "typical_volume": 3518145.25, "trend": 258.902942, "fair_value": 159.333061, "relative_strength": -24.12951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.349366, "energy": 53.396905, "activity_lines": [ 239.274603, 243.329523, 251.225511, 253.713556 ] }, { "date": "2025-09-19", "close": 217.823044, "volume": 1395638, "typical_volume": 3494744.1, "trend": 256.332741, "fair_value": 159.891521, "relative_strength": -25.601087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.675532, "energy": 71.474709, "activity_lines": [ 229.919078, 238.398328, 247.442394, 251.06324 ] }, { "date": "2025-09-26", "close": 210.263031, "volume": 1515893, "typical_volume": 3320643.55, "trend": 254.093343, "fair_value": 160.377116, "relative_strength": -28.113187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.635887, "energy": 83.499471, "activity_lines": [ 221.067556, 232.676768, 243.061056, 248.091001 ] }, { "date": "2025-10-03", "close": 215.933044, "volume": 847326, "typical_volume": 3138977.65, "trend": 251.506153, "fair_value": 160.964133, "relative_strength": -29.425362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.226926, "energy": 81.168555, "activity_lines": [ 216.783545, 228.621849, 239.467331, 245.629046 ] }, { "date": "2025-10-10", "close": 203.175507, "volume": 1614392, "typical_volume": 2891956.15, "trend": 249.030504, "fair_value": 161.537157, "relative_strength": -34.776329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.989336, "energy": 88.366413, "activity_lines": [ 211.14503, 222.64256, 234.962472, 242.51094 ] }, { "date": "2025-10-17", "close": 197.977997, "volume": 1549906, "typical_volume": 2815642.3, "trend": 246.412278, "fair_value": 162.084998, "relative_strength": -36.32283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.631597, "energy": 87.914471, "activity_lines": [ 205.916017, 216.431317, 230.382005, 239.21723 ] }, { "date": "2025-10-24", "close": 197.977997, "volume": 639186, "typical_volume": 2594642.85, "trend": 244.45354, "fair_value": 162.714183, "relative_strength": -36.745857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.631449, "energy": 84.148009, "activity_lines": [ 202.230508, 211.070576, 226.274166, 236.092438 ] }, { "date": "2025-10-31", "close": 205.065521, "volume": 2644163, "typical_volume": 2362562.2, "trend": 242.654368, "fair_value": 163.432184, "relative_strength": -35.972975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.067068, "energy": 69.344348, "activity_lines": [ 202.230509, 208.184024, 223.145249, 233.551275 ] }, { "date": "2025-11-07", "close": 189.000473, "volume": 2572719, "typical_volume": 2310873.0, "trend": 241.43929, "fair_value": 164.030936, "relative_strength": -39.580272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.287514, "energy": 64.956255, "activity_lines": [ 197.221996, 203.201283, 218.828801, 230.089733 ] }, { "date": "2025-11-14", "close": 178.13295, "volume": 2127280, "typical_volume": 2229616.75, "trend": 240.030668, "fair_value": 164.532909, "relative_strength": -42.363666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.074965, "energy": 76.53439, "activity_lines": [ 190.38648, 197.522679, 213.795538, 226.005453 ] }, { "date": "2025-11-21", "close": 171.045425, "volume": 3920627, "typical_volume": 2294877.75, "trend": 237.91035, "fair_value": 164.997583, "relative_strength": -42.166658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.640703, "energy": 83.683563, "activity_lines": [ 182.857959, 191.594936, 208.499024, 221.554793 ] }, { "date": "2025-11-28", "close": 177.660446, "volume": 4197059, "typical_volume": 2266449.2, "trend": 235.719131, "fair_value": 165.469413, "relative_strength": -41.964015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.345838, "energy": 85.654278, "activity_lines": [ 179.32995, 187.780562, 204.296014, 217.667702 ] }, { "date": "2025-12-05", "close": 164.43042, "volume": 2981214, "typical_volume": 2343553.45, "trend": 232.458097, "fair_value": 165.888972, "relative_strength": -46.31795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.362659, "energy": 91.349429, "activity_lines": [ 172.746435, 182.290959, 199.177251, 213.06843 ] }, { "date": "2025-12-12", "close": 163.485413, "volume": 1543579, "typical_volume": 2347996.3, "trend": 228.582759, "fair_value": 166.253667, "relative_strength": -46.330933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.367148, "energy": 89.913114, "activity_lines": [ 168.556926, 177.462856, 194.353239, 208.61858 ] }, { "date": "2025-12-19", "close": 166.320419, "volume": 1461006, "typical_volume": 2358192.05, "trend": 224.418499, "fair_value": 166.677208, "relative_strength": -43.658448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.094776, "energy": 78.732858, "activity_lines": [ 167.013422, 174.103802, 190.152479, 204.601655 ] }, { "date": "2025-12-26", "close": 162.067902, "volume": 610245, "typical_volume": 2264011.1, "trend": 219.913107, "fair_value": 167.106026, "relative_strength": -45.895105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.006567, "energy": 74.328776, "activity_lines": [ 164.839914, 170.641656, 185.908967, 200.579035 ] }, { "date": "2026-01-02", "close": 166.320419, "volume": 1516620, "typical_volume": 2121620.1, "trend": 216.73041, "fair_value": 167.575661, "relative_strength": -45.1112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.641674, "energy": 64.677704, "activity_lines": [ 164.682414, 168.605606, 182.464209, 197.121443 ] }, { "date": "2026-01-09", "close": 173.407944, "volume": 5438145, "typical_volume": 2211285.55, "trend": 213.277846, "fair_value": 168.101575, "relative_strength": -43.612178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.422697, "energy": 58.615252, "activity_lines": [ 167.643424, 168.433789, 180.155704, 194.326445 ] }, { "date": "2026-01-16", "close": 187.582977, "volume": 10159806, "typical_volume": 2591448.75, "trend": 211.003282, "fair_value": 168.696662, "relative_strength": -40.294905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.427858, "energy": 39.997851, "activity_lines": [ 174.730943, 171.414842, 179.563953, 192.668711 ] }, { "date": "2026-01-23", "close": 183.33046, "volume": 5695389, "typical_volume": 2744841.7, "trend": 208.294274, "fair_value": 169.278048, "relative_strength": -41.811797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.782847, "energy": 24.35904, "activity_lines": [ 178.794452, 173.648484, 178.909201, 190.883368 ] }, { "date": "2026-01-30", "close": 169.155426, "volume": 4138816, "typical_volume": 2828450.45, "trend": 204.986766, "fair_value": 169.744164, "relative_strength": -45.64578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.168719, "energy": 26.376546, "activity_lines": [ 176.998947, 173.210346, 177.151947, 188.358281 ] }, { "date": "2026-02-06", "close": 165.847916, "volume": 3222618, "typical_volume": 2919799.45, "trend": 202.183259, "fair_value": 170.161964, "relative_strength": -45.463231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.278238, "energy": 28.493857, "activity_lines": [ 173.628437, 172.205207, 175.327192, 185.833194 ] }, { "date": "2026-02-13", "close": 163.485413, "volume": 1285447, "typical_volume": 2908277.15, "trend": 199.458502, "fair_value": 170.580889, "relative_strength": -48.3867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.687965, "energy": 43.827799, "activity_lines": [ 169.501927, 170.985295, 173.524937, 183.336559 ] }, { "date": "2026-02-27", "close": 167.265427, "volume": 3008472, "typical_volume": 3016334.45, "trend": 197.111747, "fair_value": 170.999641, "relative_strength": -49.090041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.069131, "energy": 47.539477, "activity_lines": [ 167.296923, 170.46984, 172.305435, 181.259586 ] }, { "date": "2026-03-06", "close": 169.62793, "volume": 3341200, "typical_volume": 3102674.85, "trend": 194.686241, "fair_value": 171.436249, "relative_strength": -44.782458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.878296, "energy": 43.290658, "activity_lines": [ 167.233924, 170.315204, 171.542683, 179.486437 ] }, { "date": "2026-03-13", "close": 165.847916, "volume": 2456752, "typical_volume": 3148017.15, "trend": 192.055984, "fair_value": 171.83778, "relative_strength": -44.757044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.022383, "energy": 41.822478, "activity_lines": [ 166.824422, 169.413155, 170.579681, 177.6259 ] }, { "date": "2026-03-20", "close": 172.93544, "volume": 3006741, "typical_volume": 3266394.9, "trend": 189.047727, "fair_value": 172.298301, "relative_strength": -41.710676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.374705, "energy": 30.024672, "activity_lines": [ 168.997928, 169.73102, 170.444681, 176.392316 ] }, { "date": "2026-03-27", "close": 165.375412, "volume": 1590905, "typical_volume": 3213732.0, "trend": 186.212719, "fair_value": 172.753744, "relative_strength": -42.602244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.128074, "energy": 30.107978, "activity_lines": [ 168.178924, 168.554062, 169.708928, 174.86507 ] }, { "date": "2026-04-03", "close": 157.815399, "volume": 1429293, "typical_volume": 3156560.7, "trend": 182.82646, "fair_value": 173.155303, "relative_strength": -43.437811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.302065, "energy": 38.032602, "activity_lines": [ 164.713915, 166.148601, 168.442175, 173.032985 ] }, { "date": "2026-04-10", "close": 158.760406, "volume": 1729760, "typical_volume": 3136684.7, "trend": 180.274954, "fair_value": 173.56563, "relative_strength": -46.752322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.808156, "energy": 38.486598, "activity_lines": [ 162.193911, 164.456189, 167.413923, 171.480336 ] }, { "date": "2026-04-17", "close": 164.43042, "volume": 1981840, "typical_volume": 3039745.35, "trend": 178.38495, "fair_value": 174.012304, "relative_strength": -46.056136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.315511, "energy": 39.14768, "activity_lines": [ 162.288412, 164.241416, 167.017923, 170.458108 ] }, { "date": "2026-04-24", "close": 175.297943, "volume": 5890200, "typical_volume": 3124402.4, "trend": 176.967446, "fair_value": 174.528642, "relative_strength": -44.754272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.461824, "energy": 19.10191, "activity_lines": [ 166.099922, 166.088466, 167.688424, 170.258946 ] }, { "date": "2026-05-01", "close": 173.880432, "volume": 2592974, "typical_volume": 3104990.4, "trend": 175.754693, "fair_value": 175.065719, "relative_strength": -44.226808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.175836, "energy": 10.970383, "activity_lines": [ 169.281427, 167.505968, 168.235175, 170.059784 ] }, { "date": "2026-05-08", "close": 187.582977, "volume": 5730977, "typical_volume": 3314360.3, "trend": 174.809691, "fair_value": 175.693344, "relative_strength": -42.71323, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.619318, "energy": 27.890044, "activity_lines": [ 176.463446, 171.225842, 170.04193, 170.822899 ] }, { "date": "2026-05-15", "close": 204.120514, "volume": 19853837, "typical_volume": 4234001.85, "trend": 174.841191, "fair_value": 176.426979, "relative_strength": -35.820399, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 51.836855, "energy": 54.662406, "activity_lines": [ 187.173472, 177.58313, 173.308938, 172.71392 ] }, { "date": "2026-05-22", "close": 223.493057, "volume": 3548822, "typical_volume": 4380930.7, "trend": 175.691693, "fair_value": 177.303777, "relative_strength": -30.244994, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 86.753798, "energy": 82.842351, "activity_lines": [ 201.317005, 186.835561, 178.24095, 175.85275 ] }, { "date": "2026-05-29", "close": 232.470581, "volume": 6244697, "typical_volume": 4617334.55, "trend": 176.841446, "fair_value": 178.211009, "relative_strength": -29.97478, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.443538, "energy": 87.016569, "activity_lines": [ 214.515537, 196.672176, 183.735463, 179.515904 ] }, { "date": "2026-06-05", "close": 216.405548, "volume": 8243682, "typical_volume": 4757611.4, "trend": 177.219447, "fair_value": 179.012549, "relative_strength": -33.736453, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.922558, "energy": 79.260555, "activity_lines": [ 218.547549, 202.505419, 187.384972, 182.068427 ] }, { "date": "2026-06-12", "close": 198.923004, "volume": 6264400, "typical_volume": 4562841.1, "trend": 177.550198, "fair_value": 179.691175, "relative_strength": -36.569347, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.479267, "energy": 65.766911, "activity_lines": [ 213.917039, 204.232196, 189.164727, 183.468656 ] }, { "date": "2026-06-19", "close": 200.3405, "volume": 3706272, "typical_volume": 4463385.25, "trend": 178.29045, "fair_value": 180.362618, "relative_strength": -37.888525, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.374947, "energy": 42.466227, "activity_lines": [ 209.003025, 205.469289, 191.025481, 184.938998 ] }, { "date": "2026-06-26", "close": 185.0, "volume": 6203512, "typical_volume": 4566620.05, "trend": 178.755602, "fair_value": 180.889631, "relative_strength": -38.947403, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.808899, "energy": 20.598329, "activity_lines": [ 199.227513, 203.161199, 191.344235, 185.371873 ] }, { "date": "2026-07-03", "close": 203.0, "volume": 2511213, "typical_volume": 4531049.8, "trend": 179.600254, "fair_value": 181.532028, "relative_strength": -34.809671, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.676599, "energy": 19.62198, "activity_lines": [ 198.018204, 203.751843, 193.301825, 186.936027 ] }, { "date": "2026-07-10", "close": 204.0, "volume": 0, "typical_volume": 4466777.45, "trend": 180.91924, "fair_value": 182.197104, "relative_strength": -30.951599, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.547019, "energy": 17.65517, "activity_lines": [ 199.106934, 204.020632, 195.177737, 188.510205 ] }, { "date": "2026-07-17", "close": 184.5, "volume": 2124536, "typical_volume": 4422580.65, "trend": 181.619726, "fair_value": 182.746842, "relative_strength": -32.293066, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.475202, "energy": 15.181796, "activity_lines": [ 194.5227, 200.196338, 195.003581, 188.741221 ] }, { "date": "2026-07-24", "close": 230.0, "volume": 11896514, "typical_volume": 4850346.35, "trend": 183.742379, "fair_value": 183.550845, "relative_strength": -16.180068, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.277905, "energy": 30.991249, "activity_lines": [ 206.066667, 204.700825, 199.080688, 191.862529 ] }, { "date": "2026-07-31", "close": 195.5, "volume": 8805140, "typical_volume": 5167765.75, "trend": 184.856782, "fair_value": 184.153834, "relative_strength": -26.60279, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.545267, "energy": 21.339064, "activity_lines": [ 204.133333, 202.462049, 199.584595, 192.621086 ] }, { "date": "2026-08-07", "close": 225.5, "volume": 6779235, "typical_volume": 5356390.45, "trend": 186.829435, "fair_value": 184.943376, "relative_strength": -16.08718, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.303532, "energy": 30.074079, "activity_lines": [ 211.5, 206.186783, 202.804444, 195.243229 ] }, { "date": "2026-08-14", "close": 204.0, "volume": 4371155, "typical_volume": 5495402.95, "trend": 187.84917, "fair_value": 185.626745, "relative_strength": -25.359356, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 46.212455, "energy": 29.532802, "activity_lines": [ 210.2, 206.129164, 203.726367, 196.351007 ] } ], "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." } } }