{ "ticker": { "uuid": "1b1b9d90-b7be-421c-a834-710dc943df99", "symbol": "8042", "name": "Taiwan Chinsan Electronic Industrial Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 4.337, "architecture_energy": 23.446, "architecture_maturity": 72.024, "architecture_confidence": 76.331, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 54.38, "rotation_up": 15.1, "upward_expansion": 41.93, "deceleration": 87.85, "rotation_down": 46.9, "downward_expansion": 35.93 }, "activity_lines": [ 112.139999, 134.038181, 134.652538, 118.790538 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 112.5, "trend_reference": 98.87488, "distance_from_trend": 0.137802, "trend_direction": "Improving", "fair_value": 47.419209, "distance_from_fair_value": 1.372456, "fair_value_direction": "Weakening", "relative_strength": 17.265968, "relative_strength_direction": "Weakening", "price_momentum": 1.174877, "excess_performance": 0.733505, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.137802, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.49098, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.372456, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.19398, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.17266, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.305686, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 1.174877, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.865758, "read": "Supply-led" } ], "volume": { "latest": 40295874, "relative_activity": 1.731137, "balance": 0.865758, "dry_up": 1.114227, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.317778, "annualized_volatility": 1.102383, "from_high_reference": -0.504405, "from_low_reference": 2.835425 }, "levels": { "trend_reference": 98.87488, "fair_value_reference": 47.419209, "structural_low": 48.65515, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.002739, "positive_rate": 0.384615, "directional_follow_through": 0.384615, "median_excess_return": -0.030112, "regime_survival": 0.615385, "best_return": 1.176991, "worst_return": -0.145188, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.03019, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.032032, "regime_survival": 0.333333, "best_return": 1.520391, "worst_return": -0.119269, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.059836, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.15387, "regime_survival": 0.0, "best_return": -0.006868, "worst_return": -0.137736, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.495559, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.137237, "regime_survival": 0.0, "best_return": 0.977382, "worst_return": 0.013736, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-04-05", "end": "2024-05-03", "tenure": "Developing", "return": 0.007003, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-17", "tenure": "New", "return": -0.005602, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-06-28", "tenure": "Developing", "return": 0.043818, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-05", "end": "2024-08-02", "tenure": "Developing", "return": -0.034626, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-11-15", "tenure": "Established", "return": 0.043675, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-01-03", "tenure": "Developing", "return": -0.013055, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-18", "tenure": "Established", "return": -0.119269, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-08-22", "tenure": "Established", "return": 0.068627, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-09-05", "tenure": "New", "return": -0.006135, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-10-03", "tenure": "New", "return": 0.199088, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2026-02-13", "tenure": "Established", "return": 0.386138, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-05-08", "tenure": "Developing", "return": 0.371941, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-24", "tenure": "Developing", "return": 0.172704, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": 0.139818, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 32.012028, "volume": 91000, "typical_volume": 120400.0, "trend": 32.712578, "fair_value": 34.789463, "relative_strength": -8.683706, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.966465, "energy": 31.373175, "activity_lines": [ 32.613967, 32.913515, 33.272406, 33.130472 ] }, { "date": "2023-08-18", "close": 32.240036, "volume": 88000, "typical_volume": 119150.0, "trend": 32.769709, "fair_value": 34.817282, "relative_strength": -6.752423, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.836069, "energy": 33.151385, "activity_lines": [ 32.452842, 32.754751, 33.171251, 33.099985 ] }, { "date": "2023-08-25", "close": 31.829626, "volume": 101000, "typical_volume": 122400.0, "trend": 32.819, "fair_value": 34.842724, "relative_strength": -8.332062, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.627908, "energy": 43.659519, "activity_lines": [ 32.215716, 32.54515, 33.032649, 33.039335 ] }, { "date": "2023-09-01", "close": 31.784025, "volume": 176000, "typical_volume": 127650.0, "trend": 32.855092, "fair_value": 34.871172, "relative_strength": -9.136235, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.921767, "energy": 46.500829, "activity_lines": [ 31.99683, 32.356112, 32.891839, 32.972562 ] }, { "date": "2023-09-08", "close": 31.875231, "volume": 197000, "typical_volume": 130450.0, "trend": 32.889845, "fair_value": 34.890564, "relative_strength": -8.196348, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.516999, "energy": 41.526957, "activity_lines": [ 31.899549, 32.20936, 32.762276, 32.909345 ] }, { "date": "2023-09-15", "close": 32.331242, "volume": 141000, "typical_volume": 130400.0, "trend": 32.926658, "fair_value": 34.913387, "relative_strength": -8.496517, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.045639, "energy": 39.496463, "activity_lines": [ 32.027233, 32.180342, 32.678478, 32.873306 ] }, { "date": "2023-09-22", "close": 31.92083, "volume": 74000, "typical_volume": 119550.0, "trend": 32.927894, "fair_value": 34.935101, "relative_strength": -6.199971, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.102493, "energy": 33.422665, "activity_lines": [ 31.996832, 32.099089, 32.558676, 32.808414 ] }, { "date": "2023-09-29", "close": 31.92083, "volume": 41000, "typical_volume": 113300.0, "trend": 32.924749, "fair_value": 34.959167, "relative_strength": -5.959989, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.125867, "energy": 31.375798, "activity_lines": [ 31.987712, 32.040222, 32.453921, 32.743442 ] }, { "date": "2023-10-06", "close": 31.692825, "volume": 50000, "typical_volume": 109950.0, "trend": 32.886267, "fair_value": 34.976284, "relative_strength": -7.207213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.127663, "energy": 32.495579, "activity_lines": [ 31.89651, 31.947362, 32.340832, 32.663963 ] }, { "date": "2023-10-13", "close": 32.103237, "volume": 23000, "typical_volume": 102600.0, "trend": 32.874604, "fair_value": 35.002826, "relative_strength": -7.09585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.061172, "energy": 30.422795, "activity_lines": [ 31.948192, 31.955653, 32.277958, 32.613445 ] }, { "date": "2023-10-20", "close": 31.966431, "volume": 91000, "typical_volume": 103100.0, "trend": 32.856921, "fair_value": 35.024309, "relative_strength": -5.145082, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.957537, "energy": 28.802452, "activity_lines": [ 31.939071, 31.954824, 32.211437, 32.554853 ] }, { "date": "2023-10-27", "close": 31.966431, "volume": 104000, "typical_volume": 102950.0, "trend": 32.836318, "fair_value": 35.050497, "relative_strength": -2.918878, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.828783, "energy": 27.060567, "activity_lines": [ 31.954271, 31.954824, 32.156827, 32.497402 ] }, { "date": "2023-11-03", "close": 31.601622, "volume": 108000, "typical_volume": 102700.0, "trend": 32.813774, "fair_value": 35.074868, "relative_strength": -5.882719, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.697269, "energy": 29.052531, "activity_lines": [ 31.844828, 31.89347, 32.075005, 32.417745 ] }, { "date": "2023-11-10", "close": 31.784025, "volume": 85000, "typical_volume": 102600.0, "trend": 32.795851, "fair_value": 35.099886, "relative_strength": -5.984965, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.353616, "energy": 29.134201, "activity_lines": [ 31.817467, 31.869425, 32.019198, 32.351309 ] }, { "date": "2023-11-17", "close": 31.464817, "volume": 135000, "typical_volume": 101800.0, "trend": 32.765827, "fair_value": 35.113973, "relative_strength": -9.45515, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.378133, "energy": 38.565655, "activity_lines": [ 31.677623, 31.787343, 31.939722, 32.265436 ] }, { "date": "2023-11-24", "close": 31.738422, "volume": 274000, "typical_volume": 109150.0, "trend": 32.724485, "fair_value": 35.121192, "relative_strength": -8.838712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.62665, "energy": 38.859739, "activity_lines": [ 31.671542, 31.762469, 31.897378, 32.199152 ] }, { "date": "2023-12-01", "close": 32.376842, "volume": 226000, "typical_volume": 115550.0, "trend": 32.634349, "fair_value": 35.132504, "relative_strength": -7.617727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.108231, "energy": 17.636734, "activity_lines": [ 31.893468, 31.86445, 31.924521, 32.176723 ] }, { "date": "2023-12-08", "close": 32.285641, "volume": 110000, "typical_volume": 113700.0, "trend": 32.552853, "fair_value": 35.118668, "relative_strength": -7.382058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.080256, "energy": 11.756074, "activity_lines": [ 32.057633, 31.941557, 31.94667, 32.154226 ] }, { "date": "2023-12-15", "close": 32.46804, "volume": 145000, "typical_volume": 115600.0, "trend": 32.500795, "fair_value": 35.098686, "relative_strength": -8.099906, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.643578, "energy": 11.892674, "activity_lines": [ 32.236997, 32.045196, 31.986408, 32.148754 ] }, { "date": "2023-12-22", "close": 32.969658, "volume": 165000, "typical_volume": 121250.0, "trend": 32.463997, "fair_value": 35.091588, "relative_strength": -6.013004, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.798361, "energy": 29.713387, "activity_lines": [ 32.537965, 32.225943, 32.077176, 32.179003 ] }, { "date": "2023-12-29", "close": 35.751331, "volume": 771000, "typical_volume": 155250.0, "trend": 32.506783, "fair_value": 35.099968, "relative_strength": 0.219876, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 64.522771, "energy": 72.658605, "activity_lines": [ 33.665835, 32.896695, 32.432866, 32.391089 ] }, { "date": "2024-01-05", "close": 35.021709, "volume": 128000, "typical_volume": 157250.0, "trend": 32.555905, "fair_value": 35.10315, "relative_strength": 0.667476, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.732094, "energy": 76.098457, "activity_lines": [ 34.282971, 33.365972, 32.701261, 32.553343 ] }, { "date": "2024-01-12", "close": 34.064083, "volume": 88000, "typical_volume": 156600.0, "trend": 32.577486, "fair_value": 35.084253, "relative_strength": -1.877163, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.855201, "energy": 78.981789, "activity_lines": [ 34.404573, 33.605586, 32.865208, 32.650645 ] }, { "date": "2024-01-19", "close": 33.608074, "volume": 71185, "typical_volume": 151359.25, "trend": 32.591167, "fair_value": 35.068182, "relative_strength": -3.966679, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.156142, "energy": 72.205946, "activity_lines": [ 34.25561, 33.717516, 32.975085, 32.717134 ] }, { "date": "2024-01-26", "close": 33.197666, "volume": 103000, "typical_volume": 146659.25, "trend": 32.571406, "fair_value": 35.050525, "relative_strength": -6.621805, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.192106, "energy": 39.775786, "activity_lines": [ 33.893842, 33.721662, 33.03719, 32.756263 ] }, { "date": "2024-02-02", "close": 33.106461, "volume": 72000, "typical_volume": 143209.25, "trend": 32.556206, "fair_value": 35.037771, "relative_strength": -7.091307, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.735037, "energy": 21.206683, "activity_lines": [ 33.486471, 33.677719, 33.084311, 32.790783 ] }, { "date": "2024-02-09", "close": 33.28886, "volume": 11000, "typical_volume": 140059.25, "trend": 32.560766, "fair_value": 35.021483, "relative_strength": -6.639902, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.430398, "energy": 21.542401, "activity_lines": [ 33.316225, 33.642066, 33.145112, 32.838051 ] }, { "date": "2024-02-16", "close": 33.653675, "volume": 58000, "typical_volume": 140909.25, "trend": 32.604847, "fair_value": 35.014588, "relative_strength": -8.022368, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.787623, "energy": 19.577496, "activity_lines": [ 33.383107, 33.656162, 33.234143, 32.908561 ] }, { "date": "2024-02-23", "close": 33.425671, "volume": 134000, "typical_volume": 145109.25, "trend": 32.613968, "fair_value": 35.008845, "relative_strength": -9.75582, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.967386, "energy": 16.909179, "activity_lines": [ 33.401348, 33.603928, 33.293208, 32.961517 ] }, { "date": "2024-03-01", "close": 33.516872, "volume": 119000, "typical_volume": 149909.25, "trend": 32.632208, "fair_value": 34.994541, "relative_strength": -9.483384, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.943433, "energy": 17.896162, "activity_lines": [ 33.46215, 33.550865, 33.352707, 33.019769 ] }, { "date": "2024-03-08", "close": 33.197666, "volume": 127000, "typical_volume": 151709.25, "trend": 32.671729, "fair_value": 34.974271, "relative_strength": -13.823385, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.009206, "energy": 15.744796, "activity_lines": [ 33.395269, 33.429815, 33.375073, 33.05625 ] }, { "date": "2024-03-15", "close": 32.559242, "volume": 268000, "typical_volume": 159909.25, "trend": 32.68237, "fair_value": 34.947035, "relative_strength": -14.663289, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.276935, "energy": 6.878528, "activity_lines": [ 33.1095, 33.239118, 33.330775, 33.048993 ] }, { "date": "2024-03-22", "close": 32.148834, "volume": 95000, "typical_volume": 159259.25, "trend": 32.69301, "fair_value": 34.916906, "relative_strength": -17.64318, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.060733, "energy": 13.255596, "activity_lines": [ 32.73557, 33.018574, 33.244567, 33.014571 ] }, { "date": "2024-03-29", "close": 32.240036, "volume": 43000, "typical_volume": 157159.25, "trend": 32.70821, "fair_value": 34.88083, "relative_strength": -17.295094, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.6703, "energy": 39.980642, "activity_lines": [ 32.492363, 32.849435, 33.164439, 32.985347 ] }, { "date": "2024-04-05", "close": 32.559242, "volume": 80000, "typical_volume": 154409.25, "trend": 32.73101, "fair_value": 34.84889, "relative_strength": -16.286978, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.517984, "energy": 41.21026, "activity_lines": [ 32.4346, 32.763206, 33.11254, 32.975736 ] }, { "date": "2024-04-12", "close": 32.650448, "volume": 121000, "typical_volume": 146759.25, "trend": 32.741651, "fair_value": 34.782261, "relative_strength": -17.289591, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.520308, "energy": 38.573995, "activity_lines": [ 32.471082, 32.705169, 33.064116, 32.970539 ] }, { "date": "2024-04-19", "close": 31.647221, "volume": 111000, "typical_volume": 141009.25, "trend": 32.73253, "fair_value": 34.661644, "relative_strength": -14.473613, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.575342, "energy": 45.614961, "activity_lines": [ 32.209635, 32.473017, 32.915803, 32.899931 ] }, { "date": "2024-04-26", "close": 31.601622, "volume": 269000, "typical_volume": 148959.25, "trend": 32.72189, "fair_value": 34.574704, "relative_strength": -16.653521, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.770785, "energy": 44.995369, "activity_lines": [ 31.993791, 32.262423, 32.766622, 32.826969 ] }, { "date": "2024-05-03", "close": 32.787254, "volume": 133000, "typical_volume": 148359.25, "trend": 32.758371, "fair_value": 34.50477, "relative_strength": -13.863128, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.154913, "energy": 24.317142, "activity_lines": [ 32.209637, 32.304708, 32.733616, 32.831186 ] }, { "date": "2024-05-10", "close": 32.559242, "volume": 85000, "typical_volume": 144359.25, "trend": 32.773571, "fair_value": 34.433375, "relative_strength": -15.445388, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.909901, "energy": 20.825042, "activity_lines": [ 32.312999, 32.317144, 32.677374, 32.818339 ] }, { "date": "2024-05-17", "close": 32.376842, "volume": 117000, "typical_volume": 111659.25, "trend": 32.787252, "fair_value": 34.38302, "relative_strength": -17.59794, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.920593, "energy": 11.88749, "activity_lines": [ 32.35556, 32.313828, 32.605715, 32.792743 ] }, { "date": "2024-05-24", "close": 32.331242, "volume": 129000, "typical_volume": 111709.25, "trend": 32.799412, "fair_value": 34.36791, "relative_strength": -18.405054, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.519709, "energy": 17.892515, "activity_lines": [ 32.401162, 32.317145, 32.545782, 32.763323 ] }, { "date": "2024-05-31", "close": 33.836079, "volume": 420000, "typical_volume": 128309.25, "trend": 32.873894, "fair_value": 34.350165, "relative_strength": -12.604509, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.005994, "energy": 13.552529, "activity_lines": [ 32.902775, 32.598214, 32.641979, 32.830205 ] }, { "date": "2024-06-07", "close": 32.787254, "volume": 240000, "typical_volume": 136750.0, "trend": 32.907335, "fair_value": 34.312109, "relative_strength": -17.542091, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -12.887174, "energy": 12.816639, "activity_lines": [ 32.905816, 32.657911, 32.639374, 32.824615 ] }, { "date": "2024-06-14", "close": 33.152061, "volume": 100000, "typical_volume": 136600.0, "trend": 32.963576, "fair_value": 34.273256, "relative_strength": -18.623692, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.793977, "energy": 15.416502, "activity_lines": [ 33.030459, 32.773986, 32.67542, 32.840404 ] }, { "date": "2024-06-21", "close": 33.653675, "volume": 193000, "typical_volume": 142650.0, "trend": 33.027418, "fair_value": 34.242323, "relative_strength": -19.640097, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.134078, "energy": 23.505791, "activity_lines": [ 33.282785, 32.970486, 32.759457, 32.884927 ] }, { "date": "2024-06-28", "close": 33.74794, "volume": 219000, "typical_volume": 153050.0, "trend": 33.073121, "fair_value": 34.201019, "relative_strength": -18.176158, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.559782, "energy": 31.438631, "activity_lines": [ 33.481411, 33.165885, 32.849865, 32.931412 ] }, { "date": "2024-07-05", "close": 34.030743, "volume": 195000, "typical_volume": 159900.0, "trend": 33.131291, "fair_value": 34.160744, "relative_strength": -18.830702, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.569608, "energy": 38.839004, "activity_lines": [ 33.679858, 33.374507, 32.965021, 32.993194 ] }, { "date": "2024-07-12", "close": 33.795074, "volume": 231000, "typical_volume": 164750.0, "trend": 33.175526, "fair_value": 34.122616, "relative_strength": -20.171598, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.466029, "energy": 39.046579, "activity_lines": [ 33.786772, 33.496114, 33.055937, 33.036019 ] }, { "date": "2024-07-19", "close": 34.596352, "volume": 452000, "typical_volume": 181400.0, "trend": 33.229749, "fair_value": 34.063234, "relative_strength": -14.175559, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.760021, "energy": 43.722343, "activity_lines": [ 34.093589, 33.745084, 33.221406, 33.127685 ] }, { "date": "2024-07-26", "close": 33.2766, "volume": 206000, "typical_volume": 185350.0, "trend": 33.147258, "fair_value": 34.01525, "relative_strength": -14.264277, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.282498, "energy": 23.941742, "activity_lines": [ 33.864204, 33.717061, 33.256043, 33.130707 ] }, { "date": "2024-08-02", "close": 32.852394, "volume": 615000, "typical_volume": 202700.0, "trend": 33.074948, "fair_value": 33.963502, "relative_strength": -13.056782, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 32.512962, "energy": 17.396126, "activity_lines": [ 33.518554, 33.595551, 33.249905, 33.111684 ] }, { "date": "2024-08-09", "close": 31.296974, "volume": 609000, "typical_volume": 228400.0, "trend": 32.982711, "fair_value": 33.9091, "relative_strength": -16.086024, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.231243, "energy": 14.992444, "activity_lines": [ 32.714135, 33.181761, 33.094235, 32.996976 ] }, { "date": "2024-08-16", "close": 31.95685, "volume": 126000, "typical_volume": 232550.0, "trend": 32.92767, "fair_value": 33.852134, "relative_strength": -17.198447, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.035739, "energy": 24.431496, "activity_lines": [ 32.311925, 32.934115, 33.005467, 32.930791 ] }, { "date": "2024-08-23", "close": 32.33392, "volume": 122000, "typical_volume": 234650.0, "trend": 32.898878, "fair_value": 33.8111, "relative_strength": -15.051729, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.814027, "energy": 27.313049, "activity_lines": [ 32.157954, 32.770124, 32.953959, 32.892485 ] }, { "date": "2024-08-30", "close": 32.710991, "volume": 146000, "typical_volume": 235900.0, "trend": 32.885696, "fair_value": 33.784938, "relative_strength": -14.061892, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.47501, "energy": 29.73903, "activity_lines": [ 32.280502, 32.689568, 32.939435, 32.880363 ] }, { "date": "2024-09-06", "close": 32.098251, "volume": 78000, "typical_volume": 234250.0, "trend": 32.846009, "fair_value": 33.736033, "relative_strength": -11.973553, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.590766, "energy": 27.21155, "activity_lines": [ 32.23651, 32.514744, 32.866267, 32.82956 ] }, { "date": "2024-09-13", "close": 32.239655, "volume": 52000, "typical_volume": 223400.0, "trend": 32.798875, "fair_value": 33.68671, "relative_strength": -12.479576, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.212451, "energy": 16.320961, "activity_lines": [ 32.289929, 32.395624, 32.804418, 32.790441 ] }, { "date": "2024-09-20", "close": 32.899529, "volume": 115000, "typical_volume": 222500.0, "trend": 32.781337, "fair_value": 33.647976, "relative_strength": -11.830397, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.20084, "energy": 4.771994, "activity_lines": [ 32.500461, 32.429046, 32.802376, 32.796935 ] }, { "date": "2024-09-27", "close": 32.993797, "volume": 95000, "typical_volume": 223000.0, "trend": 32.763901, "fair_value": 33.602427, "relative_strength": -13.648603, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.35598, "energy": 2.2025, "activity_lines": [ 32.679571, 32.495891, 32.808777, 32.810642 ] }, { "date": "2024-10-04", "close": 33.040932, "volume": 66000, "typical_volume": 220450.0, "trend": 32.758677, "fair_value": 33.553736, "relative_strength": -11.062378, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.558277, "energy": 7.230667, "activity_lines": [ 32.8304, 32.600443, 32.817598, 32.828515 ] }, { "date": "2024-10-11", "close": 33.323734, "volume": 54000, "typical_volume": 216700.0, "trend": 32.78416, "fair_value": 33.516927, "relative_strength": -12.182832, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.836452, "energy": 13.29668, "activity_lines": [ 33.0535, 32.760698, 32.850191, 32.86497 ] }, { "date": "2024-10-18", "close": 32.66386, "volume": 92000, "typical_volume": 200300.0, "trend": 32.801327, "fair_value": 33.474653, "relative_strength": -15.52524, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.539605, "energy": 8.550143, "activity_lines": [ 32.974944, 32.792406, 32.815212, 32.857209 ] }, { "date": "2024-10-25", "close": 32.710991, "volume": 60000, "typical_volume": 191300.0, "trend": 32.817026, "fair_value": 33.433227, "relative_strength": -14.319638, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.113488, "energy": 8.828005, "activity_lines": [ 32.883817, 32.807832, 32.790303, 32.851381 ] }, { "date": "2024-11-01", "close": 32.80526, "volume": 149000, "typical_volume": 193750.0, "trend": 32.825226, "fair_value": 33.388584, "relative_strength": -11.434797, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.351376, "energy": 6.050356, "activity_lines": [ 32.836683, 32.826685, 32.774736, 32.850622 ] }, { "date": "2024-11-08", "close": 33.040932, "volume": 156000, "typical_volume": 191900.0, "trend": 32.838242, "fair_value": 33.345452, "relative_strength": -13.213357, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.781481, "energy": 6.951634, "activity_lines": [ 32.880675, 32.879818, 32.783265, 32.864538 ] }, { "date": "2024-11-15", "close": 32.66386, "volume": 124000, "typical_volume": 187150.0, "trend": 32.87213, "fair_value": 33.303723, "relative_strength": -10.727333, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.725747, "energy": 12.822473, "activity_lines": [ 32.798977, 32.858394, 32.7588, 32.853288 ] }, { "date": "2024-11-22", "close": 36.104641, "volume": 601427, "typical_volume": 207471.35, "trend": 33.022231, "fair_value": 33.28296, "relative_strength": -1.714435, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.131859, "energy": 61.502969, "activity_lines": [ 33.908197, 33.452282, 33.067191, 33.061837 ] }, { "date": "2024-11-29", "close": 43.17474, "volume": 24450000, "typical_volume": 1418421.35, "trend": 33.36848, "fair_value": 33.308336, "relative_strength": 20.800703, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.564, "energy": 89.9431, "activity_lines": [ 37.144731, 35.261371, 34.039049, 33.716837 ] }, { "date": "2024-12-06", "close": 53.638489, "volume": 58737000, "typical_volume": 4332671.35, "trend": 34.071122, "fair_value": 33.390143, "relative_strength": 43.273272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.469183, "energy": 97.955064, "activity_lines": [ 43.171599, 38.786137, 35.96279, 35.02458 ] }, { "date": "2024-12-13", "close": 42.609135, "volume": 18754000, "typical_volume": 5260071.35, "trend": 34.412199, "fair_value": 33.400703, "relative_strength": 14.648204, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.251283, "energy": 87.120033, "activity_lines": [ 44.133133, 39.930208, 36.745439, 35.575419 ] }, { "date": "2024-12-20", "close": 38.932678, "volume": 11492000, "typical_volume": 5803921.35, "trend": 34.632246, "fair_value": 33.393428, "relative_strength": 7.314618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.14612, "energy": 82.080528, "activity_lines": [ 43.231301, 40.231865, 37.133509, 35.867063 ] }, { "date": "2024-12-27", "close": 39.404022, "volume": 10869000, "typical_volume": 6316921.35, "trend": 34.817844, "fair_value": 33.391904, "relative_strength": 5.420561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.967512, "energy": 54.161867, "activity_lines": [ 42.068663, 40.51724, 37.537515, 36.17492 ] }, { "date": "2025-01-03", "close": 35.633301, "volume": 2850000, "typical_volume": 6453121.35, "trend": 34.912713, "fair_value": 33.361841, "relative_strength": -2.621423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.704765, "energy": 19.873792, "activity_lines": [ 39.429159, 39.994481, 37.543799, 36.22753 ] }, { "date": "2025-01-10", "close": 34.879158, "volume": 2378000, "typical_volume": 6565921.35, "trend": 34.970283, "fair_value": 33.325852, "relative_strength": -4.618218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.966613, "energy": 22.266522, "activity_lines": [ 37.041037, 39.281473, 37.460754, 36.225365 ] }, { "date": "2025-01-17", "close": 33.653671, "volume": 1999000, "typical_volume": 6658571.35, "trend": 34.970282, "fair_value": 33.286921, "relative_strength": -8.013565, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.492187, "energy": 21.246768, "activity_lines": [ 35.495041, 38.307941, 37.248875, 36.140422 ] }, { "date": "2025-01-24", "close": 35.916103, "volume": 4393000, "typical_volume": 6874321.35, "trend": 35.042555, "fair_value": 33.264948, "relative_strength": -3.02882, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.943313, "energy": 22.968509, "activity_lines": [ 35.30022, 37.73462, 37.247977, 36.201443 ] }, { "date": "2025-02-07", "close": 35.633301, "volume": 2511039, "typical_volume": 6997273.3, "trend": 35.095973, "fair_value": 33.250444, "relative_strength": -3.226336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.008369, "energy": 16.145594, "activity_lines": [ 35.212236, 37.050748, 37.201965, 36.239556 ] }, { "date": "2025-02-14", "close": 34.832024, "volume": 2104134, "typical_volume": 7096730.0, "trend": 35.130538, "fair_value": 33.23517, "relative_strength": -3.676061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.561461, "energy": 15.615303, "activity_lines": [ 35.108542, 36.22976, 37.063481, 36.222527 ] }, { "date": "2025-02-21", "close": 36.67025, "volume": 4656991, "typical_volume": 7324829.55, "trend": 35.199668, "fair_value": 33.225947, "relative_strength": -0.739272, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.470868, "energy": 8.722385, "activity_lines": [ 35.671008, 35.89468, 37.090864, 36.321863 ] }, { "date": "2025-02-28", "close": 34.832024, "volume": 1432376, "typical_volume": 7393148.35, "trend": 35.251516, "fair_value": 33.210127, "relative_strength": -2.634871, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.871757, "energy": 7.524658, "activity_lines": [ 35.501326, 35.533891, 36.92567, 36.298144 ] }, { "date": "2025-03-07", "close": 34.313553, "volume": 1014637, "typical_volume": 7441180.2, "trend": 35.300221, "fair_value": 33.194805, "relative_strength": -1.752604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.563455, "energy": 11.990494, "activity_lines": [ 35.080264, 35.220237, 36.70257, 36.23763 ] }, { "date": "2025-03-14", "close": 34.360683, "volume": 2075546, "typical_volume": 7540357.5, "trend": 35.402344, "fair_value": 33.182515, "relative_strength": 1.248507, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.913211, "energy": 15.530195, "activity_lines": [ 34.781748, 34.999135, 36.479244, 36.177015 ] }, { "date": "2025-03-21", "close": 41.006577, "volume": 33414640, "typical_volume": 9208089.5, "trend": 35.704002, "fair_value": 33.216101, "relative_strength": 19.234869, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.067804, "energy": 19.872361, "activity_lines": [ 36.783372, 36.078075, 36.880781, 36.538578 ] }, { "date": "2025-03-28", "close": 36.057507, "volume": 7955008, "typical_volume": 9598389.9, "trend": 35.828122, "fair_value": 33.220147, "relative_strength": 7.679809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.135696, "energy": 13.272928, "activity_lines": [ 36.723668, 36.159489, 36.771475, 36.561385 ] }, { "date": "2025-04-04", "close": 35.72757, "volume": 1968427, "typical_volume": 9689011.25, "trend": 35.928674, "fair_value": 33.221532, "relative_strength": 8.101567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.427665, "energy": 13.634121, "activity_lines": [ 36.594835, 36.159489, 36.61526, 36.554898 ] }, { "date": "2025-04-11", "close": 29.430918, "volume": 2796009, "typical_volume": 9822611.7, "trend": 35.839763, "fair_value": 33.180915, "relative_strength": -2.768642, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.4163, "energy": 22.344818, "activity_lines": [ 34.307415, 34.976936, 35.84657, 36.135688 ] }, { "date": "2025-04-18", "close": 30.719139, "volume": 2119319, "typical_volume": 9898506.3, "trend": 35.789079, "fair_value": 33.150468, "relative_strength": 2.175257, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.326511, "energy": 50.498369, "activity_lines": [ 32.774911, 34.146517, 35.215962, 35.805325 ] }, { "date": "2025-04-25", "close": 30.322763, "volume": 1143772, "typical_volume": 8733194.9, "trend": 35.703187, "fair_value": 33.118571, "relative_strength": -1.451593, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.366802, "energy": 68.098975, "activity_lines": [ 31.353051, 33.333379, 34.57325, 35.452659 ] }, { "date": "2025-05-02", "close": 32.156002, "volume": 1135794, "typical_volume": 5853134.6, "trend": 35.675261, "fair_value": 33.100609, "relative_strength": -0.063697, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.238984, "energy": 67.936605, "activity_lines": [ 31.254526, 32.935543, 34.166332, 35.223809 ] }, { "date": "2025-05-09", "close": 31.412798, "volume": 1179254, "typical_volume": 4974397.3, "trend": 35.620989, "fair_value": 33.081158, "relative_strength": -2.834376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.041101, "energy": 59.714468, "activity_lines": [ 31.168366, 32.484657, 33.79093, 34.948811 ] }, { "date": "2025-05-16", "close": 31.957813, "volume": 999862, "typical_volume": 4449790.4, "trend": 35.575459, "fair_value": 33.071206, "relative_strength": -5.222277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.988399, "energy": 39.833402, "activity_lines": [ 31.551529, 32.195031, 33.52075, 34.712477 ] }, { "date": "2025-05-23", "close": 31.065969, "volume": 468367, "typical_volume": 3929758.75, "trend": 35.522196, "fair_value": 33.057994, "relative_strength": -6.950303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.240585, "energy": 33.928044, "activity_lines": [ 31.468951, 31.786085, 33.198846, 34.421542 ] }, { "date": "2025-05-30", "close": 30.124575, "volume": 430041, "typical_volume": 3808760.8, "trend": 35.435982, "fair_value": 33.03902, "relative_strength": -8.380467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.95916, "energy": 37.300553, "activity_lines": [ 31.049453, 31.265879, 32.826991, 34.073309 ] }, { "date": "2025-06-06", "close": 29.926388, "volume": 624511, "typical_volume": 3721086.35, "trend": 35.340019, "fair_value": 33.01359, "relative_strength": -10.056945, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.769058, "energy": 37.998571, "activity_lines": [ 30.577105, 30.907494, 32.462492, 33.717851 ] }, { "date": "2025-06-13", "close": 29.480465, "volume": 561353, "typical_volume": 3649204.0, "trend": 35.221337, "fair_value": 32.986938, "relative_strength": -12.872806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.606327, "energy": 48.1996, "activity_lines": [ 30.104757, 30.579507, 32.07911, 33.339815 ] }, { "date": "2025-06-20", "close": 28.53907, "volume": 818607, "typical_volume": 3470484.35, "trend": 35.083844, "fair_value": 32.952888, "relative_strength": -15.361312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.037488, "energy": 62.051638, "activity_lines": [ 29.447433, 30.193941, 31.625943, 32.908701 ] }, { "date": "2025-06-27", "close": 29.381371, "volume": 346263, "typical_volume": 3362245.55, "trend": 34.859735, "fair_value": 32.928877, "relative_strength": -14.768797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.260827, "energy": 61.164867, "activity_lines": [ 29.298792, 29.977736, 31.288124, 32.5408 ] }, { "date": "2025-07-04", "close": 28.8859, "volume": 524578, "typical_volume": 3283267.75, "trend": 34.383441, "fair_value": 32.903873, "relative_strength": -15.889922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.070929, "energy": 59.665405, "activity_lines": [ 29.097301, 29.695769, 30.932889, 32.155391 ] }, { "date": "2025-07-11", "close": 28.935448, "volume": 255132, "typical_volume": 3063174.8, "trend": 33.560006, "fair_value": 32.887922, "relative_strength": -16.316799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.792503, "energy": 68.313597, "activity_lines": [ 28.994904, 29.448935, 30.610687, 31.803908 ] }, { "date": "2025-07-18", "close": 30.075029, "volume": 667673, "typical_volume": 3024939.65, "trend": 33.142202, "fair_value": 32.8811, "relative_strength": -15.236269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.637729, "energy": 45.746853, "activity_lines": [ 29.33843, 29.467853, 30.433849, 31.57907 ] }, { "date": "2025-07-25", "close": 29.381371, "volume": 459890, "typical_volume": 2997202.3, "trend": 32.823825, "fair_value": 32.867866, "relative_strength": -16.855848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.185514, "energy": 37.267937, "activity_lines": [ 29.411099, 29.384974, 30.213601, 31.336436 ] }, { "date": "2025-08-01", "close": 29.678653, "volume": 272535, "typical_volume": 2907051.75, "trend": 32.499646, "fair_value": 32.859626, "relative_strength": -16.01134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.238156, "energy": 31.862399, "activity_lines": [ 29.526709, 29.402991, 30.045152, 31.133522 ] }, { "date": "2025-08-08", "close": 29.53001, "volume": 512496, "typical_volume": 1261944.55, "trend": 32.296203, "fair_value": 32.850434, "relative_strength": -18.172162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.410813, "energy": 28.496379, "activity_lines": [ 29.572952, 29.419206, 29.884842, 30.941932 ] }, { "date": "2025-08-15", "close": 31.264156, "volume": 1125962, "typical_volume": 920492.25, "trend": 32.175703, "fair_value": 32.854323, "relative_strength": -14.292122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.604145, "energy": 16.193192, "activity_lines": [ 30.154303, 29.761531, 29.944339, 30.875348 ] }, { "date": "2025-08-22", "close": 32.403736, "volume": 5852672, "typical_volume": 1114704.5, "trend": 32.134039, "fair_value": 32.863832, "relative_strength": -8.959876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.818054, "energy": 13.244135, "activity_lines": [ 30.960267, 30.286729, 30.135192, 30.89006 ] }, { "date": "2025-08-29", "close": 32.304642, "volume": 1837613, "typical_volume": 1066784.7, "trend": 32.013657, "fair_value": 32.860354, "relative_strength": -10.849055, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.160208, "energy": 19.338575, "activity_lines": [ 31.577953, 30.740759, 30.332437, 30.901067 ] }, { "date": "2025-09-05", "close": 32.106457, "volume": 757508, "typical_volume": 998694.15, "trend": 31.896095, "fair_value": 32.852517, "relative_strength": -12.16312, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.916961, "energy": 28.120127, "activity_lines": [ 31.934692, 31.090291, 30.497122, 30.907054 ] }, { "date": "2025-09-12", "close": 32.601925, "volume": 1053002, "typical_volume": 994155.65, "trend": 31.821759, "fair_value": 32.847013, "relative_strength": -13.997775, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.100227, "energy": 32.20651, "activity_lines": [ 32.294734, 31.480361, 30.702388, 30.952591 ] }, { "date": "2025-09-19", "close": 38.547565, "volume": 11455468, "typical_volume": 1510139.35, "trend": 31.884336, "fair_value": 32.883834, "relative_strength": 1.240902, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.463965, "energy": 68.384314, "activity_lines": [ 34.431861, 32.883893, 31.463052, 31.386514 ] }, { "date": "2025-09-26", "close": 38.74575, "volume": 22220963, "typical_volume": 2562224.8, "trend": 32.014793, "fair_value": 32.920522, "relative_strength": 1.714235, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.266005, "energy": 71.897721, "activity_lines": [ 36.149489, 34.148692, 32.212155, 31.829186 ] }, { "date": "2025-10-03", "close": 39.092583, "volume": 12494788, "typical_volume": 3136971.1, "trend": 32.174094, "fair_value": 32.963925, "relative_strength": -1.922422, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.309834, "energy": 83.0348, "activity_lines": [ 37.559928, 35.318902, 32.959371, 32.285818 ] }, { "date": "2025-10-10", "close": 40.033978, "volume": 4703524, "typical_volume": 3348728.95, "trend": 32.363204, "fair_value": 33.018697, "relative_strength": -1.531095, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.702397, "energy": 85.474755, "activity_lines": [ 38.831635, 36.483708, 33.762269, 32.792907 ] }, { "date": "2025-10-17", "close": 43.254532, "volume": 15802295, "typical_volume": 4117341.65, "trend": 32.438136, "fair_value": 33.089621, "relative_strength": 6.211329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.821262, "energy": 88.018521, "activity_lines": [ 40.648359, 38.04579, 34.829181, 33.495573 ] }, { "date": "2025-10-24", "close": 48.754246, "volume": 41514783, "typical_volume": 6161855.25, "trend": 32.861361, "fair_value": 33.198326, "relative_strength": 18.13732, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.335664, "energy": 92.105793, "activity_lines": [ 43.588147, 40.358283, 36.357352, 34.548226 ] }, { "date": "2025-10-31", "close": 42.61042, "volume": 15090839, "typical_volume": 6888329.55, "trend": 33.090789, "fair_value": 33.270175, "relative_strength": 0.546582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.887447, "energy": 66.184742, "activity_lines": [ 43.799548, 41.235716, 37.21074, 35.177197 ] }, { "date": "2025-11-07", "close": 39.142128, "volume": 5559703, "typical_volume": 7125384.35, "trend": 33.414496, "fair_value": 33.335232, "relative_strength": -5.663979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.249482, "energy": 52.028355, "activity_lines": [ 42.597207, 41.296973, 37.671291, 35.567606 ] }, { "date": "2025-11-14", "close": 44.344563, "volume": 27839358, "typical_volume": 8500039.1, "trend": 33.868677, "fair_value": 33.427743, "relative_strength": 7.567357, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.501656, "energy": 48.867012, "activity_lines": [ 43.125707, 42.179811, 38.576821, 36.272772 ] }, { "date": "2025-11-21", "close": 50.438847, "volume": 57498787, "typical_volume": 11348749.55, "trend": 34.539213, "fair_value": 33.553423, "relative_strength": 26.045396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.429633, "energy": 52.226127, "activity_lines": [ 45.398264, 43.948188, 39.991506, 37.341815 ] }, { "date": "2025-11-28", "close": 56.681767, "volume": 129430756, "typical_volume": 17807530.75, "trend": 35.356738, "fair_value": 33.719965, "relative_strength": 34.723391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.993012, "energy": 61.013319, "activity_lines": [ 49.272839, 46.527335, 41.898122, 38.770367 ] }, { "date": "2025-12-05", "close": 56.780861, "volume": 123252509, "typical_volume": 23936772.55, "trend": 36.202341, "fair_value": 33.887423, "relative_strength": 33.098373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.408309, "energy": 76.900197, "activity_lines": [ 52.651945, 48.794786, 43.68205, 40.152568 ] }, { "date": "2025-12-12", "close": 54.600792, "volume": 41736042, "typical_volume": 26000580.15, "trend": 36.957107, "fair_value": 34.036694, "relative_strength": 27.608353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.46097, "energy": 75.847519, "activity_lines": [ 54.359664, 50.337949, 45.131182, 41.339565 ] }, { "date": "2025-12-19", "close": 52.024349, "volume": 21776782, "typical_volume": 27075792.5, "trend": 37.655719, "fair_value": 34.166362, "relative_strength": 23.746173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.059565, "energy": 68.690403, "activity_lines": [ 54.177992, 51.130701, 46.214845, 42.311645 ] }, { "date": "2025-12-26", "close": 55.492638, "volume": 29971980, "typical_volume": 28548766.7, "trend": 38.501321, "fair_value": 34.32107, "relative_strength": 27.676492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.432936, "energy": 54.465443, "activity_lines": [ 54.64043, 52.336044, 47.522414, 43.462414 ] }, { "date": "2026-01-02", "close": 56.186298, "volume": 16428876, "typical_volume": 29313912.4, "trend": 39.376652, "fair_value": 34.479663, "relative_strength": 25.425245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.767671, "energy": 50.192513, "activity_lines": [ 54.997169, 53.444997, 48.772414, 44.603381 ] }, { "date": "2026-01-09", "close": 63.22197, "volume": 75565026, "typical_volume": 32799530.1, "trend": 40.501368, "fair_value": 34.686444, "relative_strength": 35.844833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.443901, "energy": 55.310796, "activity_lines": [ 57.732163, 55.698034, 50.573802, 46.141788 ] }, { "date": "2026-01-16", "close": 68.969421, "volume": 114110502, "typical_volume": 38413174.55, "trend": 41.849047, "fair_value": 34.932595, "relative_strength": 41.704844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.493289, "energy": 61.40186, "activity_lines": [ 61.953567, 58.621306, 52.775812, 47.978437 ] }, { "date": "2026-01-23", "close": 64.510193, "volume": 41136465, "typical_volume": 40432122.4, "trend": 43.020008, "fair_value": 35.150442, "relative_strength": 29.344252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.859482, "energy": 62.641004, "activity_lines": [ 63.730653, 60.191496, 54.378539, 49.440446 ] }, { "date": "2026-01-30", "close": 58.564552, "volume": 12865465, "typical_volume": 41022745.55, "trend": 44.009296, "fair_value": 35.331299, "relative_strength": 16.617822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.665376, "energy": 54.617934, "activity_lines": [ 62.693469, 60.314012, 55.260712, 50.44332 ] }, { "date": "2026-02-06", "close": 51.727066, "volume": 8323322, "typical_volume": 40866138.25, "trend": 44.769017, "fair_value": 35.46608, "relative_strength": 3.772761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.746985, "energy": 39.665325, "activity_lines": [ 59.172329, 59.045609, 55.368063, 50.941241 ] }, { "date": "2026-02-13", "close": 55.492638, "volume": 8450917, "typical_volume": 40177635.95, "trend": 45.61627, "fair_value": 35.624156, "relative_strength": 5.099436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.650053, "energy": 22.689857, "activity_lines": [ 57.203661, 58.55194, 55.771281, 51.633087 ] }, { "date": "2026-02-27", "close": 60.744621, "volume": 11914291, "typical_volume": 40148611.1, "trend": 46.661712, "fair_value": 35.813373, "relative_strength": 8.943792, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.312617, "energy": 23.472466, "activity_lines": [ 57.500943, 59.0366, 56.594941, 52.60911 ] }, { "date": "2026-03-06", "close": 53.808041, "volume": 6553121, "typical_volume": 40241090.95, "trend": 47.466025, "fair_value": 35.953913, "relative_strength": 1.603726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.271841, "energy": 21.088451, "activity_lines": [ 56.034352, 58.148358, 56.65487, 53.070163 ] }, { "date": "2026-03-13", "close": 53.510757, "volume": 3655916, "typical_volume": 39633772.0, "trend": 48.265383, "fair_value": 36.091706, "relative_strength": 1.543218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.926127, "energy": 16.526536, "activity_lines": [ 55.182144, 57.173633, 56.620894, 53.460146 ] }, { "date": "2026-03-20", "close": 55.889015, "volume": 7574547, "typical_volume": 37936760.2, "trend": 49.086212, "fair_value": 36.239409, "relative_strength": 5.471202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.785271, "energy": 10.6905, "activity_lines": [ 55.459607, 56.667353, 56.764581, 53.951993 ] }, { "date": "2026-03-27", "close": 51.925255, "volume": 3098636, "typical_volume": 37337150.05, "trend": 49.736929, "fair_value": 36.36423, "relative_strength": -0.395317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.602088, "energy": 10.536858, "activity_lines": [ 54.138354, 55.445794, 56.496791, 54.135157 ] }, { "date": "2026-04-03", "close": 50.537937, "volume": 12060064, "typical_volume": 37662168.1, "trend": 50.344706, "fair_value": 36.479878, "relative_strength": -1.307157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.804998, "energy": 11.399467, "activity_lines": [ 52.592487, 54.177391, 56.052519, 54.186835 ] }, { "date": "2026-04-10", "close": 55.492638, "volume": 3517936, "typical_volume": 36446097.0, "trend": 51.124245, "fair_value": 36.626725, "relative_strength": -0.202377, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.13365, "energy": 10.402178, "activity_lines": [ 53.378633, 54.14496, 56.025858, 54.51896 ] }, { "date": "2026-04-17", "close": 65.60022, "volume": 38580573, "typical_volume": 35500186.3, "trend": 52.224188, "fair_value": 36.840329, "relative_strength": 13.148994, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.906335, "energy": 21.565747, "activity_lines": [ 57.421666, 56.114227, 56.908738, 55.452894 ] }, { "date": "2026-04-24", "close": 55.98811, "volume": 14717807, "typical_volume": 29764538.85, "trend": 52.80554, "fair_value": 36.992037, "relative_strength": -8.546006, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.532895, "energy": 17.617408, "activity_lines": [ 57.454698, 56.207916, 56.803982, 55.695728 ] }, { "date": "2026-05-01", "close": 58.06908, "volume": 5316147, "typical_volume": 23867720.75, "trend": 53.449651, "fair_value": 37.156803, "relative_strength": -5.09321, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.31172, "energy": 23.214221, "activity_lines": [ 58.174781, 56.60249, 56.900716, 56.035311 ] }, { "date": "2026-05-08", "close": 83.338051, "volume": 64841018, "typical_volume": 25022969.55, "trend": 54.924499, "fair_value": 37.479619, "relative_strength": 26.733219, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 80.142657, "energy": 69.811428, "activity_lines": [ 66.908266, 61.544578, 59.397885, 57.963595 ] }, { "date": "2026-05-15", "close": 97.211212, "volume": 15883950, "typical_volume": 24728327.95, "trend": 56.830407, "fair_value": 37.877891, "relative_strength": 47.834568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.326974, "energy": 83.409801, "activity_lines": [ 78.079463, 68.598269, 63.079463, 60.69177 ] }, { "date": "2026-05-22", "close": 121.88562, "volume": 8219716, "typical_volume": 23640714.75, "trend": 59.451444, "fair_value": 38.436577, "relative_strength": 77.517194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.76006, "energy": 95.678404, "activity_lines": [ 94.694225, 79.349068, 68.895809, 64.88888 ] }, { "date": "2026-05-29", "close": 153.10022, "volume": 6315185, "typical_volume": 23135030.2, "trend": 62.929643, "fair_value": 39.199849, "relative_strength": 105.847782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.369577, "energy": 98.062547, "activity_lines": [ 117.961493, 94.532069, 77.368817, 70.930737 ] }, { "date": "2026-06-05", "close": 144.181763, "volume": 5255048, "typical_volume": 19619531.3, "trend": 66.315354, "fair_value": 39.905671, "relative_strength": 88.504852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.587388, "energy": 93.964749, "activity_lines": [ 131.781802, 106.326056, 84.530954, 76.172809 ] }, { "date": "2026-06-12", "close": 170.5, "volume": 23879737, "typical_volume": 15107993.05, "trend": 70.69395, "fair_value": 40.777672, "relative_strength": 121.251062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.440535, "energy": 96.327907, "activity_lines": [ 148.634011, 121.227786, 93.814066, 82.894399 ] }, { "date": "2026-06-19", "close": 195.0, "volume": 49180312, "typical_volume": 15510185.4, "trend": 75.715798, "fair_value": 41.812621, "relative_strength": 133.185372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.02958, "energy": 96.646931, "activity_lines": [ 167.84209, 138.402933, 104.947033, 90.914144 ] }, { "date": "2026-06-26", "close": 180.5, "volume": 5787996, "typical_volume": 15156311.95, "trend": 80.05117, "fair_value": 42.755463, "relative_strength": 118.580332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.365915, "energy": 80.087165, "activity_lines": [ 175.697583, 150.405219, 114.077667, 97.674415 ] }, { "date": "2026-07-03", "close": 210.5, "volume": 35361473, "typical_volume": 16508219.5, "trend": 85.178444, "fair_value": 43.892016, "relative_strength": 135.068998, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.670354, "energy": 74.150533, "activity_lines": [ 189.645451, 165.772963, 125.484799, 106.090469 ] }, { "date": "2026-07-10", "close": 178.0, "volume": 41186986, "typical_volume": 18145022.95, "trend": 89.219082, "fair_value": 44.816436, "relative_strength": 99.721361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.233299, "energy": 66.114169, "activity_lines": [ 188.933333, 172.42231, 133.040632, 112.078956 ] }, { "date": "2026-07-17", "close": 129.5, "volume": 31694354, "typical_volume": 19134026.1, "trend": 91.715722, "fair_value": 45.43142, "relative_strength": 51.820704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.828061, "energy": 51.224003, "activity_lines": [ 169.8, 168.072912, 135.394048, 114.677725 ] }, { "date": "2026-07-24", "close": 114.0, "volume": 24496651, "typical_volume": 20031202.6, "trend": 93.781577, "fair_value": 45.949676, "relative_strength": 28.993374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.286306, "energy": 30.071058, "activity_lines": [ 148.233333, 160.066025, 135.943868, 116.115421 ] }, { "date": "2026-07-31", "close": 98.699997, "volume": 17770234, "typical_volume": 20736918.5, "trend": 95.221822, "fair_value": 46.375117, "relative_strength": 11.969914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.24927, "energy": 24.676459, "activity_lines": [ 126.966666, 148.972068, 134.749915, 116.432738 ] }, { "date": "2026-08-07", "close": 116.5, "volume": 21181203, "typical_volume": 21417251.3, "trend": 97.232279, "fair_value": 46.909399, "relative_strength": 27.220576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.435062, "energy": 28.625814, "activity_lines": [ 117.086666, 141.536032, 135.036015, 117.805524 ] }, { "date": "2026-08-14", "close": 112.5, "volume": 40295874, "typical_volume": 23277113.2, "trend": 98.87488, "fair_value": 47.419209, "relative_strength": 17.265968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.337356, "energy": 23.445942, "activity_lines": [ 112.139999, 134.038181, 134.652538, 118.790538 ] } ], "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." } } }