{ "ticker": { "uuid": "240dc9dc-4276-4a7e-a022-adb8808a14dd", "symbol": "3588", "name": "Leadtrend Technology Corporation", "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": "2026-08-21", "benchmark": "^TWII", "stage": 1, "stage_name": "Basing", "phase": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 87.657, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "mixed", "architecture_direction": -22.608, "architecture_energy": 38.313, "architecture_maturity": 28.839, "architecture_confidence": 70.315, "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": 43.75, "rotation_up": 15.24, "upward_expansion": 20.78, "deceleration": 53.54, "rotation_down": 62.09, "downward_expansion": 48.12 }, "activity_lines": [ 53.0, 55.89203, 58.202226, 57.439126 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 52.0, "trend_reference": 56.076071, "distance_from_trend": -0.072688, "trend_direction": "Improving", "fair_value": 63.624356, "distance_from_fair_value": -0.182703, "fair_value_direction": "Weakening", "relative_strength": -27.485558, "relative_strength_direction": "Weakening", "price_momentum": 0.007386, "excess_performance": -0.338346, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.072688, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.06676, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.182703, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.179283, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.274856, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.12017, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.007386, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.059526, "read": "Demand-led" } ], "volume": { "latest": 591626, "relative_activity": 0.130947, "balance": 1.059526, "dry_up": 0.307736, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.149155, "annualized_volatility": 0.559408, "from_high_reference": -0.345199, "from_low_reference": 0.178494 }, "levels": { "trend_reference": 56.076071, "fair_value_reference": 63.624356, "structural_low": 45.099998, "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": 14, "median_return": -0.035488, "positive_rate": 0.357143, "directional_follow_through": 0.357143, "median_excess_return": -0.040207, "regime_survival": 0.428571, "best_return": 0.247059, "worst_return": -0.267857, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.117842, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.169157, "regime_survival": 0.285714, "best_return": 0.05098, "worst_return": -0.376505, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.16354, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.292262, "regime_survival": 0.0, "best_return": 0.057764, "worst_return": -0.363402, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.089072, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.361997, "regime_survival": 0.0, "best_return": 0.757414, "worst_return": -0.52246, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-05-23", "tenure": "Established", "return": -0.282857, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.01134, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-09-05", "tenure": "Established", "return": 0.052349, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": 0.053266, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-26", "end": "2025-10-17", "tenure": "New", "return": -0.063098, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.046443, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2026-01-23", "tenure": "Developing", "return": 0.111111, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.083179, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.27112, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-06-12", "tenure": "Developing", "return": -0.062092, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": 0.187396, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.216159, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.092555, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-14", "end": "2026-08-21", "tenure": "New", "return": -0.045872, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 50.329113, "volume": 1899141, "typical_volume": 3910288.65, "trend": 52.498099, "fair_value": 65.867472, "relative_strength": -10.417984, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.536316, "energy": 19.927264, "activity_lines": [ 52.565964, 51.131692, 50.228142, 51.084126 ] }, { "date": "2023-08-25", "close": 49.386623, "volume": 964167, "typical_volume": 3866823.8, "trend": 52.485899, "fair_value": 66.004174, "relative_strength": -12.105056, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.232156, "energy": 10.696678, "activity_lines": [ 51.177358, 51.007775, 50.115395, 50.883386 ] }, { "date": "2023-09-01", "close": 63.335518, "volume": 21409385, "typical_volume": 4808444.45, "trend": 52.534535, "fair_value": 66.226903, "relative_strength": 11.686734, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 39.476172, "energy": 27.115552, "activity_lines": [ 54.915914, 53.429941, 51.363648, 51.583361 ] }, { "date": "2023-09-08", "close": 65.880249, "volume": 65437315, "typical_volume": 7670869.75, "trend": 52.808691, "fair_value": 66.485152, "relative_strength": 16.61542, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.581739, "energy": 58.271097, "activity_lines": [ 58.849252, 56.025369, 52.816089, 52.444375 ] }, { "date": "2023-09-15", "close": 68.896225, "volume": 23978013, "typical_volume": 8759065.65, "trend": 53.162426, "fair_value": 66.755392, "relative_strength": 19.132156, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.056434, "energy": 83.471548, "activity_lines": [ 63.140736, 58.808981, 54.503772, 53.482281 ] }, { "date": "2023-09-22", "close": 60.131042, "volume": 11075071, "typical_volume": 9265938.75, "trend": 53.274877, "fair_value": 66.969213, "relative_strength": 7.547547, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.339625, "energy": 75.611705, "activity_lines": [ 63.329234, 59.574114, 55.27578, 53.931869 ] }, { "date": "2023-09-29", "close": 58.528805, "volume": 2468979, "typical_volume": 9302130.35, "trend": 53.300992, "fair_value": 67.18484, "relative_strength": 4.620191, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.038659, "energy": 66.581967, "activity_lines": [ 62.330192, 59.754045, 55.848338, 54.270832 ] }, { "date": "2023-10-06", "close": 62.67577, "volume": 5908726, "typical_volume": 9529070.6, "trend": 53.528203, "fair_value": 67.411257, "relative_strength": 10.676318, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.755976, "energy": 44.162078, "activity_lines": [ 62.103993, 60.651983, 56.767638, 54.875656 ] }, { "date": "2023-10-13", "close": 64.843498, "volume": 3931718, "typical_volume": 9678208.1, "trend": 53.890536, "fair_value": 67.672241, "relative_strength": 12.388044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.254061, "energy": 39.007382, "activity_lines": [ 62.644353, 61.777832, 57.823298, 55.605675 ] }, { "date": "2023-10-20", "close": 65.032005, "volume": 40156293, "typical_volume": 11606130.6, "trend": 54.16336, "fair_value": 67.931413, "relative_strength": 14.612256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.354805, "energy": 39.930801, "activity_lines": [ 63.316665, 62.780302, 58.815213, 56.32448 ] }, { "date": "2023-10-27", "close": 61.262032, "volume": 9590247, "typical_volume": 12011964.65, "trend": 54.379369, "fair_value": 68.16131, "relative_strength": 9.633497, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.815438, "energy": 37.049732, "activity_lines": [ 62.989935, 62.84542, 59.373613, 56.782458 ] }, { "date": "2023-11-03", "close": 63.335518, "volume": 12828889, "typical_volume": 12546435.85, "trend": 54.616598, "fair_value": 68.370821, "relative_strength": 10.772658, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.711909, "energy": 36.690038, "activity_lines": [ 63.278967, 63.088755, 60.069123, 57.360275 ] }, { "date": "2023-11-10", "close": 59.471298, "volume": 5250995, "typical_volume": 12749016.55, "trend": 54.754954, "fair_value": 68.562762, "relative_strength": 3.461194, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.005878, "energy": 25.430965, "activity_lines": [ 61.959478, 62.375888, 60.332786, 57.673481 ] }, { "date": "2023-11-17", "close": 75.964912, "volume": 47256903, "typical_volume": 15038345.15, "trend": 55.455073, "fair_value": 68.866469, "relative_strength": 27.895864, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.487157, "energy": 44.763464, "activity_lines": [ 66.351492, 64.732118, 62.109871, 59.041865 ] }, { "date": "2023-11-24", "close": 78.509651, "volume": 35599852, "typical_volume": 16754656.8, "trend": 56.341796, "fair_value": 69.191831, "relative_strength": 31.103068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.95876, "energy": 64.712491, "activity_lines": [ 70.850324, 67.367671, 63.986958, 60.529258 ] }, { "date": "2023-12-01", "close": 74.551178, "volume": 11159681, "typical_volume": 17201183.6, "trend": 57.150453, "fair_value": 69.478115, "relative_strength": 23.056172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.342988, "energy": 71.377196, "activity_lines": [ 73.131156, 69.108712, 65.33001, 61.704056 ] }, { "date": "2023-12-08", "close": 78.321152, "volume": 27319577, "typical_volume": 17824021.9, "trend": 58.147641, "fair_value": 69.776953, "relative_strength": 29.211096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.535926, "energy": 79.595497, "activity_lines": [ 75.782703, 71.273018, 66.88647, 63.069908 ] }, { "date": "2023-12-15", "close": 73.985687, "volume": 8148677, "typical_volume": 17552639.7, "trend": 59.015281, "fair_value": 70.037548, "relative_strength": 19.724112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.464172, "energy": 69.844226, "activity_lines": [ 75.990053, 72.289197, 67.926353, 64.091717 ] }, { "date": "2023-12-22", "close": 72.2892, "volume": 4219612, "typical_volume": 17119440.75, "trend": 59.835352, "fair_value": 70.287965, "relative_strength": 17.167268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.01898, "energy": 49.03605, "activity_lines": [ 74.664281, 72.79129, 68.707276, 64.948099 ] }, { "date": "2023-12-29", "close": 77.661415, "volume": 54138068, "typical_volume": 19637065.45, "trend": 60.777619, "fair_value": 70.497337, "relative_strength": 22.891221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.48682, "energy": 44.840554, "activity_lines": [ 75.374295, 74.134772, 69.923093, 66.098168 ] }, { "date": "2024-01-05", "close": 85.578346, "volume": 36460219, "typical_volume": 21365119.35, "trend": 62.010726, "fair_value": 70.757923, "relative_strength": 37.467085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.975427, "energy": 51.293837, "activity_lines": [ 78.779834, 76.68807, 71.766788, 67.698215 ] }, { "date": "2024-01-12", "close": 80.960136, "volume": 66298647, "typical_volume": 24631843.35, "trend": 63.04499, "fair_value": 70.998196, "relative_strength": 29.343805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.028819, "energy": 46.134918, "activity_lines": [ 79.910826, 77.959579, 73.002801, 68.920757 ] }, { "date": "2024-01-19", "close": 79.357895, "volume": 29958611, "typical_volume": 25059304.65, "trend": 64.109665, "fair_value": 71.183605, "relative_strength": 24.826372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.568145, "energy": 46.193327, "activity_lines": [ 80.331806, 78.619324, 73.935868, 69.973203 ] }, { "date": "2024-01-26", "close": 80.300377, "volume": 21903593, "typical_volume": 22882618.55, "trend": 65.250659, "fair_value": 71.40432, "relative_strength": 23.362307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.709419, "energy": 44.588281, "activity_lines": [ 80.708799, 79.088855, 74.8824, 71.017765 ] }, { "date": "2024-02-02", "close": 79.169395, "volume": 10403168, "typical_volume": 22203876.3, "trend": 66.371914, "fair_value": 71.587127, "relative_strength": 20.919078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.669077, "energy": 37.424202, "activity_lines": [ 80.174719, 79.273926, 75.652551, 71.915748 ] }, { "date": "2024-02-09", "close": 77.19017, "volume": 1587431, "typical_volume": 21729494.3, "trend": 67.479343, "fair_value": 71.796265, "relative_strength": 17.308118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.027262, "energy": 27.163307, "activity_lines": [ 78.880366, 79.087143, 76.185285, 72.6137 ] }, { "date": "2024-02-16", "close": 83.693359, "volume": 8670769, "typical_volume": 22039583.8, "trend": 68.384136, "fair_value": 72.06242, "relative_strength": 23.219526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.881353, "energy": 37.203383, "activity_lines": [ 80.312954, 80.034776, 77.256136, 73.659765 ] }, { "date": "2024-02-23", "close": 95.19178, "volume": 63666610, "typical_volume": 24927478.0, "trend": 69.772743, "fair_value": 72.410178, "relative_strength": 37.061043, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 78.460004, "energy": 57.043347, "activity_lines": [ 85.396134, 82.975355, 79.302243, 75.389291 ] }, { "date": "2024-03-01", "close": 111.214157, "volume": 46822677, "typical_volume": 27072025.95, "trend": 71.607462, "fair_value": 72.821626, "relative_strength": 57.939959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.324784, "energy": 86.465364, "activity_lines": [ 94.764514, 88.443527, 82.719453, 78.06293 ] }, { "date": "2024-03-08", "close": 96.605515, "volume": 21370760, "typical_volume": 26132749.3, "trend": 73.121734, "fair_value": 73.14268, "relative_strength": 30.43708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.266814, "energy": 78.994782, "activity_lines": [ 97.202429, 90.547857, 84.524552, 79.675708 ] }, { "date": "2024-03-15", "close": 100.846725, "volume": 16826314, "typical_volume": 26494552.65, "trend": 74.805654, "fair_value": 73.498354, "relative_strength": 35.7376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.177494, "energy": 81.005657, "activity_lines": [ 99.891672, 93.078877, 86.583225, 81.464417 ] }, { "date": "2024-03-22", "close": 99.904236, "volume": 12290467, "typical_volume": 26467631.55, "trend": 76.489575, "fair_value": 73.842411, "relative_strength": 29.935156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.058379, "energy": 72.661243, "activity_lines": [ 100.689648, 95.160929, 88.363638, 83.08368 ] }, { "date": "2024-03-29", "close": 98.019249, "volume": 3983638, "typical_volume": 26404263.7, "trend": 77.645699, "fair_value": 74.158128, "relative_strength": 26.189356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.321192, "energy": 50.872758, "activity_lines": [ 99.77857, 96.555818, 89.790393, 84.472692 ] }, { "date": "2024-04-05", "close": 102.260468, "volume": 6011500, "typical_volume": 24341993.55, "trend": 78.858373, "fair_value": 74.417886, "relative_strength": 30.401645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.779178, "energy": 50.36513, "activity_lines": [ 100.092734, 98.38254, 91.437511, 86.060741 ] }, { "date": "2024-04-12", "close": 90.762054, "volume": 8404854, "typical_volume": 22982243.65, "trend": 79.587234, "fair_value": 74.590466, "relative_strength": 13.002645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.710336, "energy": 33.884954, "activity_lines": [ 97.171006, 97.719367, 91.864325, 86.828721 ] }, { "date": "2024-04-19", "close": 82.939369, "volume": 5240546, "typical_volume": 22686286.9, "trend": 80.347512, "fair_value": 74.706396, "relative_strength": 9.265609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.648716, "energy": 17.089586, "activity_lines": [ 92.03128, 95.423112, 91.487777, 87.044987 ] }, { "date": "2024-04-26", "close": 82.091125, "volume": 3049540, "typical_volume": 21472785.05, "trend": 81.132922, "fair_value": 74.833148, "relative_strength": 4.57162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.319182, "energy": 17.759755, "activity_lines": [ 87.80263, 92.8681, 90.9905, 87.157479 ] }, { "date": "2024-05-03", "close": 82.656616, "volume": 2629701, "typical_volume": 21196836.25, "trend": 81.798951, "fair_value": 74.973743, "relative_strength": 3.771992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.77972, "energy": 19.813382, "activity_lines": [ 84.950018, 90.445036, 90.529127, 87.255781 ] }, { "date": "2024-05-10", "close": 79.829132, "volume": 2786771, "typical_volume": 21125194.2, "trend": 82.298472, "fair_value": 75.101787, "relative_strength": -1.962103, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.948206, "energy": 30.758502, "activity_lines": [ 82.179086, 87.735796, 89.757179, 87.128696 ] }, { "date": "2024-05-17", "close": 79.357895, "volume": 1680570, "typical_volume": 18502319.3, "trend": 82.776001, "fair_value": 75.25561, "relative_strength": -5.41594, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.13597, "energy": 31.569948, "activity_lines": [ 80.746498, 85.511513, 88.904448, 86.938982 ] }, { "date": "2024-05-24", "close": 77.661415, "volume": 2192224, "typical_volume": 16788919.55, "trend": 83.322647, "fair_value": 75.470092, "relative_strength": -9.070499, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.164455, "energy": 47.907167, "activity_lines": [ 79.508694, 83.292373, 87.882068, 86.609008 ] }, { "date": "2024-05-31", "close": 82.185371, "volume": 6681020, "typical_volume": 13808038.2, "trend": 83.950976, "fair_value": 75.700567, "relative_strength": -2.434386, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.625175, "energy": 43.18133, "activity_lines": [ 80.130739, 82.317321, 87.328241, 86.535636 ] }, { "date": "2024-06-07", "close": 81.714127, "volume": 4242529, "typical_volume": 12522234.1, "trend": 84.692404, "fair_value": 75.885287, "relative_strength": -6.419644, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.378524, "energy": 31.881116, "activity_lines": [ 80.589419, 81.57875, 86.7237, 86.391323 ] }, { "date": "2024-06-14", "close": 81.714127, "volume": 2538793, "typical_volume": 11553994.1, "trend": 84.884044, "fair_value": 76.013802, "relative_strength": -9.431177, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.500779, "energy": 24.642801, "activity_lines": [ 81.110932, 81.136635, 86.107938, 86.199176 ] }, { "date": "2024-06-21", "close": 85.766846, "volume": 14440882, "typical_volume": 11755879.8, "trend": 85.125951, "fair_value": 76.162722, "relative_strength": -8.409312, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.647079, "energy": 10.568822, "activity_lines": [ 82.857685, 81.804949, 85.871417, 86.256131 ] }, { "date": "2024-06-28", "close": 84.447365, "volume": 7230242, "typical_volume": 12038020.35, "trend": 85.455823, "fair_value": 76.310152, "relative_strength": -9.360662, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.540123, "energy": 9.452115, "activity_lines": [ 83.737348, 82.324178, 85.477815, 86.212351 ] }, { "date": "2024-07-05", "close": 88.123077, "volume": 4185825, "typical_volume": 11813773.15, "trend": 85.782554, "fair_value": 76.489504, "relative_strength": -7.962084, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.742457, "energy": 12.467988, "activity_lines": [ 85.389851, 83.484301, 85.399723, 86.384432 ] }, { "date": "2024-07-12", "close": 82.848686, "volume": 4081107, "typical_volume": 8834498.0, "trend": 86.077988, "fair_value": 76.615537, "relative_strength": -15.143895, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.793953, "energy": 11.386964, "activity_lines": [ 84.888377, 83.575772, 84.798213, 86.19515 ] }, { "date": "2024-07-19", "close": 82.752121, "volume": 5361718, "typical_volume": 6761450.05, "trend": 86.426752, "fair_value": 76.63969, "relative_strength": -11.484242, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.766993, "energy": 17.538469, "activity_lines": [ 84.279077, 83.646193, 84.246284, 85.980578 ] }, { "date": "2024-07-26", "close": 73.772018, "volume": 2840961, "typical_volume": 5834960.1, "trend": 86.297105, "fair_value": 76.555182, "relative_strength": -18.505828, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.033885, "energy": 45.402686, "activity_lines": [ 80.60721, 82.030723, 82.974641, 85.164144 ] }, { "date": "2024-08-02", "close": 69.137123, "volume": 2668687, "typical_volume": 5127078.75, "trend": 85.749064, "fair_value": 76.380577, "relative_strength": -21.876401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.522138, "energy": 75.82293, "activity_lines": [ 76.190033, 79.674106, 81.370309, 84.057048 ] }, { "date": "2024-08-09", "close": 66.143753, "volume": 3930756, "typical_volume": 4709093.2, "trend": 85.255185, "fair_value": 76.251815, "relative_strength": -24.669536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.739687, "energy": 83.028403, "activity_lines": [ 71.795749, 76.928227, 79.631893, 82.792189 ] }, { "date": "2024-08-16", "close": 70.006165, "volume": 1400890, "typical_volume": 4579955.8, "trend": 84.943461, "fair_value": 76.157102, "relative_strength": -23.432781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.380798, "energy": 79.987738, "activity_lines": [ 70.154224, 75.176271, 78.42209, 81.808382 ] }, { "date": "2024-08-23", "close": 70.971771, "volume": 1175855, "typical_volume": 4338173.55, "trend": 84.632507, "fair_value": 76.049999, "relative_strength": -21.782522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.156994, "energy": 77.244038, "activity_lines": [ 69.690736, 73.812752, 77.437645, 80.906982 ] }, { "date": "2024-08-30", "close": 70.006165, "volume": 986806, "typical_volume": 3967271.15, "trend": 84.327066, "fair_value": 75.955286, "relative_strength": -22.9888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.993889, "energy": 66.78328, "activity_lines": [ 69.690736, 72.468983, 76.510232, 79.963347 ] }, { "date": "2024-09-06", "close": 64.502235, "volume": 1647091, "typical_volume": 3787598.4, "trend": 83.904135, "fair_value": 75.74168, "relative_strength": -25.949617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.27778, "energy": 56.88569, "activity_lines": [ 68.107149, 70.411058, 75.157472, 78.684326 ] }, { "date": "2024-09-13", "close": 69.137123, "volume": 2055263, "typical_volume": 3737884.55, "trend": 83.418927, "fair_value": 75.516209, "relative_strength": -21.479824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.295558, "energy": 47.600334, "activity_lines": [ 68.377517, 69.558478, 74.333926, 77.731616 ] }, { "date": "2024-09-20", "close": 75.510101, "volume": 3766065, "typical_volume": 3794702.75, "trend": 82.762871, "fair_value": 75.34702, "relative_strength": -15.6803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.456863, "energy": 35.509628, "activity_lines": [ 70.572654, 70.209821, 74.179016, 77.221369 ] }, { "date": "2024-09-27", "close": 84.007408, "volume": 22940401, "typical_volume": 4802384.25, "trend": 81.855979, "fair_value": 75.178295, "relative_strength": -8.96243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.582591, "energy": 11.542483, "activity_lines": [ 75.233297, 72.539557, 74.867404, 77.301661 ] }, { "date": "2024-10-04", "close": 87.869812, "volume": 13152081, "typical_volume": 5375959.8, "trend": 81.564789, "fair_value": 75.062617, "relative_strength": -2.623938, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 4.99569, "energy": 22.795838, "activity_lines": [ 80.312365, 75.548726, 75.903744, 77.689651 ] }, { "date": "2024-10-11", "close": 82.076202, "volume": 7959496, "typical_volume": 5664323.4, "trend": 80.939105, "fair_value": 74.968952, "relative_strength": -11.30504, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 16.450004, "energy": 31.404563, "activity_lines": [ 82.26932, 77.248187, 76.347778, 77.722645 ] }, { "date": "2024-10-18", "close": 82.848686, "volume": 6720150, "typical_volume": 5666279.9, "trend": 80.370587, "fair_value": 74.880239, "relative_strength": -12.524333, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.980561, "energy": 33.994727, "activity_lines": [ 83.312173, 78.852844, 76.84436, 77.845844 ] }, { "date": "2024-10-25", "close": 82.076202, "volume": 11359370, "typical_volume": 6022121.95, "trend": 79.839152, "fair_value": 74.822578, "relative_strength": -12.70746, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.38788, "energy": 38.503517, "activity_lines": [ 83.183426, 80.013323, 77.264213, 77.955883 ] }, { "date": "2024-11-01", "close": 77.924103, "volume": 2084320, "typical_volume": 5999398.3, "trend": 79.02794, "fair_value": 74.666292, "relative_strength": -14.886557, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.540971, "energy": 17.093771, "activity_lines": [ 81.232906, 80.199419, 77.286904, 77.832332 ] }, { "date": "2024-11-08", "close": 73.675468, "volume": 2671172, "typical_volume": 5410912.8, "trend": 78.458387, "fair_value": 74.451911, "relative_strength": -22.007882, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.816663, "energy": 11.034394, "activity_lines": [ 78.271729, 79.486631, 76.92301, 77.487011 ] }, { "date": "2024-11-15", "close": 70.006165, "volume": 1568922, "typical_volume": 5127846.8, "trend": 78.02728, "fair_value": 74.211436, "relative_strength": -22.754234, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.881902, "energy": 27.27906, "activity_lines": [ 75.03374, 78.039982, 76.267238, 76.941707 ] }, { "date": "2024-11-22", "close": 69.523369, "volume": 939652, "typical_volume": 4965538.15, "trend": 77.608355, "fair_value": 73.828991, "relative_strength": -23.270362, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.60054, "energy": 40.813559, "activity_lines": [ 72.439488, 76.405481, 75.634252, 76.393067 ] }, { "date": "2024-11-29", "close": 67.592163, "volume": 1432522, "typical_volume": 4833108.9, "trend": 77.106206, "fair_value": 73.444454, "relative_strength": -22.786042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.248263, "energy": 59.574982, "activity_lines": [ 70.089855, 74.412828, 74.905912, 75.746861 ] }, { "date": "2024-12-06", "close": 70.971771, "volume": 2184945, "typical_volume": 4674270.25, "trend": 76.810961, "fair_value": 73.127872, "relative_strength": -21.62494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.864346, "energy": 59.439698, "activity_lines": [ 69.832361, 73.178613, 74.572089, 75.351091 ] }, { "date": "2024-12-13", "close": 66.529999, "volume": 1056778, "typical_volume": 4585061.1, "trend": 76.383365, "fair_value": 72.736526, "relative_strength": -25.502995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.410038, "energy": 63.394665, "activity_lines": [ 68.557765, 71.373813, 73.871338, 74.687803 ] }, { "date": "2024-12-20", "close": 64.502235, "volume": 1155396, "typical_volume": 4509396.55, "trend": 75.944725, "fair_value": 72.381045, "relative_strength": -25.678633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.306975, "energy": 66.935513, "activity_lines": [ 67.083612, 69.588327, 73.011952, 73.921279 ] }, { "date": "2024-12-27", "close": 65.950645, "volume": 758380, "typical_volume": 4350777.75, "trend": 75.403568, "fair_value": 72.060567, "relative_strength": -25.955559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.768494, "energy": 64.050434, "activity_lines": [ 66.459191, 68.385714, 72.31258, 73.276499 ] }, { "date": "2025-01-03", "close": 63.34351, "volume": 766606, "typical_volume": 4319063.55, "trend": 74.791214, "fair_value": 71.720804, "relative_strength": -26.964122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.286301, "energy": 72.562873, "activity_lines": [ 65.203907, 67.016313, 71.36583, 72.498431 ] }, { "date": "2025-01-10", "close": 59.577667, "volume": 1457553, "typical_volume": 4333148.45, "trend": 74.053332, "fair_value": 71.331183, "relative_strength": -30.901448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.795097, "energy": 80.702088, "activity_lines": [ 62.976585, 65.302809, 70.092155, 71.516912 ] }, { "date": "2025-01-17", "close": 60.253586, "volume": 1202834, "typical_volume": 4343949.85, "trend": 73.20289, "fair_value": 71.020477, "relative_strength": -29.849982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.689108, "energy": 79.037833, "activity_lines": [ 61.734177, 64.04577, 68.93711, 70.626606 ] }, { "date": "2025-01-24", "close": 59.963905, "volume": 774379, "typical_volume": 4300314.25, "trend": 72.386774, "fair_value": 70.7182, "relative_strength": -30.61894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.901277, "energy": 81.201843, "activity_lines": [ 60.813636, 62.980096, 67.800918, 69.772478 ] }, { "date": "2025-02-07", "close": 62.377907, "volume": 1242755, "typical_volume": 4259688.85, "trend": 71.528602, "fair_value": 70.428826, "relative_strength": -27.021221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.440065, "energy": 72.504629, "activity_lines": [ 61.000317, 62.535918, 66.916242, 69.126744 ] }, { "date": "2025-02-14", "close": 66.336876, "volume": 1100163, "typical_volume": 4126393.75, "trend": 70.978208, "fair_value": 70.190548, "relative_strength": -20.711264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.06926, "energy": 46.251585, "activity_lines": [ 62.744837, 62.94147, 66.440797, 68.791794 ] }, { "date": "2025-02-21", "close": 65.660957, "volume": 849788, "typical_volume": 3021863.1, "trend": 70.408503, "fair_value": 69.865641, "relative_strength": -22.717644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.007384, "energy": 32.635176, "activity_lines": [ 64.064494, 63.246952, 65.944661, 68.448746 ] }, { "date": "2025-02-28", "close": 63.150398, "volume": 518830, "typical_volume": 2390200.55, "trend": 70.054449, "fair_value": 69.506638, "relative_strength": -22.532478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.812497, "energy": 25.706007, "activity_lines": [ 64.141744, 63.192528, 65.296789, 67.980481 ] }, { "date": "2025-03-07", "close": 60.736389, "volume": 672424, "typical_volume": 2025846.95, "trend": 69.774425, "fair_value": 69.170736, "relative_strength": -22.579069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.190682, "energy": 32.039405, "activity_lines": [ 63.221204, 62.760641, 64.536722, 67.379316 ] }, { "date": "2025-03-14", "close": 60.060467, "volume": 787089, "typical_volume": 1729193.9, "trend": 69.571648, "fair_value": 68.807357, "relative_strength": -20.374856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.510396, "energy": 45.076325, "activity_lines": [ 62.023858, 62.274328, 63.8139, 66.752609 ] }, { "date": "2025-03-21", "close": 60.736389, "volume": 634415, "typical_volume": 1192946.15, "trend": 69.262656, "fair_value": 68.50746, "relative_strength": -19.272577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.002551, "energy": 54.974091, "activity_lines": [ 61.206316, 62.018005, 63.263966, 66.182592 ] }, { "date": "2025-03-28", "close": 54.170288, "volume": 1020408, "typical_volume": 1139750.55, "trend": 68.702606, "fair_value": 68.147471, "relative_strength": -24.943541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.167718, "energy": 79.806945, "activity_lines": [ 58.573438, 60.615248, 62.190308, 65.208891 ] }, { "date": "2025-04-04", "close": 52.721886, "volume": 768620, "typical_volume": 1044622.95, "trend": 68.126464, "fair_value": 67.765338, "relative_strength": -24.887454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.981939, "energy": 86.917941, "activity_lines": [ 56.223805, 59.047461, 61.09182, 64.177877 ] }, { "date": "2025-04-11", "close": 43.210705, "volume": 2105002, "typical_volume": 1071426.95, "trend": 67.416746, "fair_value": 67.322237, "relative_strength": -31.738524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.433542, "energy": 95.311933, "activity_lines": [ 51.399012, 55.887308, 59.187285, 62.570409 ] }, { "date": "2025-04-18", "close": 45.62471, "volume": 980919, "typical_volume": 1073490.3, "trend": 66.632999, "fair_value": 66.943473, "relative_strength": -26.545781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.871734, "energy": 92.944198, "activity_lines": [ 48.547266, 53.470668, 57.640252, 61.164471 ] }, { "date": "2025-04-25", "close": 47.555916, "volume": 840725, "typical_volume": 1043900.45, "trend": 65.701193, "fair_value": 66.6671, "relative_strength": -24.43561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.989023, "energy": 87.448595, "activity_lines": [ 47.30164, 51.709761, 56.390947, 59.933691 ] }, { "date": "2025-05-02", "close": 48.569798, "volume": 479577, "typical_volume": 958632.05, "trend": 64.519939, "fair_value": 66.407514, "relative_strength": -25.431772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.401476, "energy": 82.756822, "activity_lines": [ 47.272672, 50.474668, 55.333612, 58.82844 ] }, { "date": "2025-05-09", "close": 48.376675, "volume": 535812, "typical_volume": 932583.75, "trend": 63.203501, "fair_value": 66.19041, "relative_strength": -25.377969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.873462, "energy": 63.123693, "activity_lines": [ 47.552696, 49.51521, 54.364561, 57.786939 ] }, { "date": "2025-05-16", "close": 48.859474, "volume": 528970, "typical_volume": 901262.45, "trend": 62.096277, "fair_value": 65.963541, "relative_strength": -27.105573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.669619, "energy": 56.122446, "activity_lines": [ 48.283334, 48.912146, 53.527935, 56.861518 ] }, { "date": "2025-05-23", "close": 48.473236, "volume": 390210, "typical_volume": 882853.95, "trend": 60.950429, "fair_value": 65.721338, "relative_strength": -26.352674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.501907, "energy": 46.750937, "activity_lines": [ 48.508641, 48.454802, 52.729014, 55.982612 ] }, { "date": "2025-05-30", "close": 46.831711, "volume": 260056, "typical_volume": 857526.45, "trend": 59.775612, "fair_value": 65.473756, "relative_strength": -27.181947, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -54.144785, "energy": 47.790202, "activity_lines": [ 47.996871, 47.909675, 51.856983, 55.071727 ] }, { "date": "2025-06-06", "close": 47.362793, "volume": 490190, "typical_volume": 809158.3, "trend": 58.756902, "fair_value": 65.250153, "relative_strength": -26.627799, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -59.725923, "energy": 47.770774, "activity_lines": [ 47.710409, 47.713921, 51.114159, 54.2709 ] }, { "date": "2025-06-13", "close": 44.900509, "volume": 398543, "typical_volume": 768943.75, "trend": 57.797737, "fair_value": 64.936184, "relative_strength": -30.982504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.47875, "energy": 54.912029, "activity_lines": [ 46.683653, 47.194252, 50.194997, 53.376939 ] }, { "date": "2025-06-20", "close": 43.934906, "volume": 333081, "typical_volume": 746878.85, "trend": 56.928695, "fair_value": 64.626313, "relative_strength": -31.652903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.605982, "energy": 57.231981, "activity_lines": [ 45.566774, 46.641225, 49.256984, 52.482563 ] }, { "date": "2025-06-27", "close": 45.721272, "volume": 490749, "typical_volume": 709278.55, "trend": 56.135291, "fair_value": 64.392187, "relative_strength": -29.786766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.016767, "energy": 53.326044, "activity_lines": [ 45.373654, 46.399825, 48.565429, 51.759503 ] }, { "date": "2025-07-04", "close": 45.045349, "volume": 645965, "typical_volume": 686568.65, "trend": 55.383731, "fair_value": 64.221622, "relative_strength": -29.945279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.804638, "energy": 55.044817, "activity_lines": [ 45.138691, 46.033774, 47.888817, 51.044023 ] }, { "date": "2025-07-11", "close": 43.230694, "volume": 519237, "typical_volume": 670041.1, "trend": 54.459028, "fair_value": 64.103205, "relative_strength": -32.53141, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.726298, "energy": 76.847532, "activity_lines": [ 44.417934, 45.383433, 47.14077, 50.259956 ] }, { "date": "2025-07-18", "close": 44.272991, "volume": 726937, "typical_volume": 680446.45, "trend": 53.717128, "fair_value": 63.984268, "relative_strength": -32.043733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.308687, "energy": 62.731025, "activity_lines": [ 44.320082, 45.019674, 46.5988, 49.602793 ] }, { "date": "2025-07-25", "close": 43.32996, "volume": 339278, "typical_volume": 663789.15, "trend": 53.011386, "fair_value": 63.853629, "relative_strength": -32.617454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.539081, "energy": 64.828663, "activity_lines": [ 43.949721, 44.559068, 46.05691, 48.932653 ] }, { "date": "2025-08-01", "close": 43.181061, "volume": 400390, "typical_volume": 644454.2, "trend": 52.2524, "fair_value": 63.698889, "relative_strength": -32.344006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.210787, "energy": 61.959797, "activity_lines": [ 43.570057, 44.171926, 45.583726, 48.298438 ] }, { "date": "2025-08-08", "close": 43.081795, "volume": 447959, "typical_volume": 635131.4, "trend": 51.577009, "fair_value": 63.580137, "relative_strength": -33.490429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.760078, "energy": 54.944164, "activity_lines": [ 43.326652, 43.862957, 45.181467, 47.706786 ] }, { "date": "2025-08-15", "close": 44.272991, "volume": 894892, "typical_volume": 628855.6, "trend": 51.066853, "fair_value": 63.476505, "relative_strength": -31.918701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.980843, "energy": 47.573435, "activity_lines": [ 43.611215, 43.838749, 44.976725, 47.235559 ] }, { "date": "2025-08-22", "close": 46.159065, "volume": 4467692, "typical_volume": 813809.2, "trend": 50.597036, "fair_value": 63.378056, "relative_strength": -26.688003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.8877, "energy": 29.936554, "activity_lines": [ 44.454984, 44.213643, 44.998738, 46.918928 ] }, { "date": "2025-08-29", "close": 47.697697, "volume": 987760, "typical_volume": 757947.1, "trend": 50.188162, "fair_value": 63.282561, "relative_strength": -25.03746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.303283, "energy": 16.19182, "activity_lines": [ 45.685891, 44.845404, 45.19854, 46.731874 ] }, { "date": "2025-09-05", "close": 47.250996, "volume": 1295344, "typical_volume": 773668.35, "trend": 49.683932, "fair_value": 63.201473, "relative_strength": -25.872733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.029304, "energy": 17.7714, "activity_lines": [ 46.476716, 45.327533, 45.334432, 46.542379 ] }, { "date": "2025-09-12", "close": 49.385235, "volume": 4179155, "typical_volume": 940589.85, "trend": 49.118877, "fair_value": 63.150185, "relative_strength": -24.911127, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.480076, "energy": 20.387004, "activity_lines": [ 47.707625, 46.169892, 45.66584, 46.523108 ] }, { "date": "2025-09-19", "close": 52.015808, "volume": 15081122, "typical_volume": 1670667.1, "trend": 48.664039, "fair_value": 63.149725, "relative_strength": -20.55533, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.530715, "energy": 34.944353, "activity_lines": [ 49.395162, 47.41163, 46.239069, 46.710007 ] }, { "date": "2025-09-26", "close": 51.916538, "volume": 7080525, "typical_volume": 1997902.75, "trend": 48.289577, "fair_value": 63.15381, "relative_strength": -19.883563, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.08038, "energy": 47.414295, "activity_lines": [ 50.533421, 48.47559, 46.786433, 46.919846 ] }, { "date": "2025-10-03", "close": 50.824604, "volume": 1209905, "typical_volume": 2031949.5, "trend": 47.959184, "fair_value": 63.156076, "relative_strength": -24.001232, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.968648, "energy": 53.979338, "activity_lines": [ 50.923871, 49.202042, 47.212948, 47.083396 ] }, { "date": "2025-10-10", "close": 50.427536, "volume": 797354, "typical_volume": 2052306.7, "trend": 47.638086, "fair_value": 63.184005, "relative_strength": -24.878925, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.032859, "energy": 47.103564, "activity_lines": [ 50.973504, 49.720035, 47.592288, 47.242645 ] }, { "date": "2025-10-17", "close": 48.640732, "volume": 1272641, "typical_volume": 2102935.95, "trend": 47.234898, "fair_value": 63.202208, "relative_strength": -26.505881, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.621922, "energy": 34.466182, "activity_lines": [ 50.215767, 49.781399, 47.792151, 47.307331 ] }, { "date": "2025-10-24", "close": 50.229, "volume": 1187999, "typical_volume": 2137826.4, "trend": 47.103521, "fair_value": 63.249877, "relative_strength": -23.709055, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.985712, "energy": 28.857581, "activity_lines": [ 50.037085, 50.030468, 48.134662, 47.500499 ] }, { "date": "2025-10-31", "close": 47.896233, "volume": 1006608, "typical_volume": 2168229.65, "trend": 46.942666, "fair_value": 63.296409, "relative_strength": -28.005631, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.168239, "energy": 17.765544, "activity_lines": [ 49.199936, 49.747107, 48.241357, 47.551642 ] }, { "date": "2025-11-07", "close": 49.137066, "volume": 3015995, "typical_volume": 2302375.35, "trend": 47.140212, "fair_value": 63.29822, "relative_strength": -23.560679, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.520547, "energy": 16.143458, "activity_lines": [ 49.044417, 49.657767, 48.451961, 47.693216 ] }, { "date": "2025-11-14", "close": 48.4422, "volume": 1988985, "typical_volume": 2377287.15, "trend": 47.234128, "fair_value": 63.232827, "relative_strength": -23.077962, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.29235, "energy": 14.835231, "activity_lines": [ 48.76978, 49.415917, 48.571615, 47.777215 ] }, { "date": "2025-11-21", "close": 44.570797, "volume": 821077, "typical_volume": 2386042.75, "trend": 47.134624, "fair_value": 63.149526, "relative_strength": -25.783956, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.616533, "energy": 12.013922, "activity_lines": [ 47.33703, 48.448517, 48.309608, 47.605388 ] }, { "date": "2025-11-28", "close": 46.556133, "volume": 649680, "typical_volume": 2392564.9, "trend": 47.067502, "fair_value": 63.086436, "relative_strength": -24.964069, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.793539, "energy": 11.739527, "activity_lines": [ 46.837388, 47.929623, 48.23894, 47.568066 ] }, { "date": "2025-12-05", "close": 47.151733, "volume": 594361, "typical_volume": 2385936.1, "trend": 47.026671, "fair_value": 63.033495, "relative_strength": -24.088528, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.899281, "energy": 13.250762, "activity_lines": [ 46.781137, 47.618286, 48.20916, 47.5735 ] }, { "date": "2025-12-12", "close": 48.144398, "volume": 1094510, "typical_volume": 2423697.7, "trend": 47.002835, "fair_value": 62.973102, "relative_strength": -22.175284, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.780678, "energy": 12.170975, "activity_lines": [ 47.105408, 47.574067, 48.260211, 47.645611 ] }, { "date": "2025-12-19", "close": 47.250996, "volume": 627238, "typical_volume": 2435040.1, "trend": 46.962093, "fair_value": 62.928858, "relative_strength": -21.420413, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.41492, "energy": 9.355591, "activity_lines": [ 47.198056, 47.416142, 48.20325, 47.661622 ] }, { "date": "2025-12-26", "close": 48.094769, "volume": 849831, "typical_volume": 2455133.7, "trend": 47.004195, "fair_value": 62.901536, "relative_strength": -21.604809, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.849839, "energy": 10.697232, "activity_lines": [ 47.651375, 47.469386, 48.207269, 47.734698 ] }, { "date": "2026-01-02", "close": 48.591103, "volume": 533275, "typical_volume": 2437052.85, "trend": 47.045139, "fair_value": 62.903301, "relative_strength": -22.116763, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.792679, "energy": 14.971369, "activity_lines": [ 48.035207, 47.622799, 48.234686, 47.837079 ] }, { "date": "2026-01-09", "close": 51.618736, "volume": 9424023, "typical_volume": 2684869.4, "trend": 47.26908, "fair_value": 62.928504, "relative_strength": -19.052437, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.616292, "energy": 26.643071, "activity_lines": [ 49.292586, 48.35647, 48.529886, 48.132149 ] }, { "date": "2026-01-16", "close": 51.916538, "volume": 3005635, "typical_volume": 2785763.15, "trend": 47.535134, "fair_value": 62.934316, "relative_strength": -20.810813, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.052371, "energy": 44.758517, "activity_lines": [ 50.351432, 49.076605, 48.82745, 48.431985 ] }, { "date": "2026-01-23", "close": 54.596741, "volume": 3888371, "typical_volume": 2915414.5, "trend": 47.830983, "fair_value": 62.963641, "relative_strength": -17.482796, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.624563, "energy": 63.864106, "activity_lines": [ 52.052203, 50.233515, 49.360182, 48.887573 ] }, { "date": "2026-01-30", "close": 53.703339, "volume": 8076105, "typical_volume": 3110262.0, "trend": 48.119583, "fair_value": 62.988966, "relative_strength": -18.429601, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.510933, "energy": 64.181084, "activity_lines": [ 52.965457, 51.116086, 49.772848, 49.266435 ] }, { "date": "2026-02-06", "close": 50.32827, "volume": 2862669, "typical_volume": 2499339.35, "trend": 48.356169, "fair_value": 62.914939, "relative_strength": -22.097446, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.614704, "energy": 55.193689, "activity_lines": [ 52.379783, 51.218963, 49.843516, 49.408931 ] }, { "date": "2026-02-13", "close": 51.618736, "volume": 2117005, "typical_volume": 2251163.35, "trend": 48.601027, "fair_value": 62.876242, "relative_strength": -23.471401, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.377231, "energy": 40.820079, "activity_lines": [ 52.108453, 51.487886, 50.045122, 49.619419 ] }, { "date": "2026-02-27", "close": 51.916538, "volume": 1512589, "typical_volume": 2266297.55, "trend": 48.887246, "fair_value": 62.835423, "relative_strength": -26.039149, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.336222, "energy": 28.493665, "activity_lines": [ 51.936391, 51.729736, 50.276509, 49.833323 ] }, { "date": "2026-03-06", "close": 48.888901, "volume": 2031307, "typical_volume": 2327995.2, "trend": 49.077507, "fair_value": 62.784984, "relative_strength": -25.663923, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.460057, "energy": 14.050702, "activity_lines": [ 50.755116, 51.352522, 50.214349, 49.83343 ] }, { "date": "2026-03-13", "close": 49.236332, "volume": 1020296, "typical_volume": 2315377.95, "trend": 49.282659, "fair_value": 62.730439, "relative_strength": -23.778381, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.099953, "energy": 13.261684, "activity_lines": [ 50.070175, 51.008697, 50.192604, 49.843676 ] }, { "date": "2026-03-20", "close": 50.526806, "volume": 1282976, "typical_volume": 2320126.8, "trend": 49.491119, "fair_value": 62.696255, "relative_strength": -21.152846, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.240073, "energy": 13.81006, "activity_lines": [ 50.113192, 50.878749, 50.290926, 49.923944 ] }, { "date": "2026-03-27", "close": 49.186699, "volume": 1028839, "typical_volume": 2321238.35, "trend": 49.59204, "fair_value": 62.665571, "relative_strength": -21.254027, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.563771, "energy": 13.317957, "activity_lines": [ 49.69627, 50.46995, 50.2602, 49.904304 ] }, { "date": "2026-04-03", "close": 46.010162, "volume": 646853, "typical_volume": 2202781.25, "trend": 49.535789, "fair_value": 62.596102, "relative_strength": -24.27265, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.433298, "energy": 19.19419, "activity_lines": [ 48.382639, 49.527817, 49.920802, 49.673215 ] }, { "date": "2026-04-10", "close": 51.718002, "volume": 1909894, "typical_volume": 2198826.7, "trend": 49.684689, "fair_value": 62.576462, "relative_strength": -20.888729, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.594268, "energy": 4.841144, "activity_lines": [ 49.36538, 49.730863, 50.139898, 49.814003 ] }, { "date": "2026-04-17", "close": 54.199673, "volume": 1800904, "typical_volume": 2247818.05, "trend": 49.845171, "fair_value": 62.56352, "relative_strength": -19.596005, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.495375, "energy": 18.468751, "activity_lines": [ 50.986738, 50.437462, 50.579744, 50.105292 ] }, { "date": "2026-04-24", "close": 64.225616, "volume": 24655911, "typical_volume": 3448129.6, "trend": 50.252164, "fair_value": 62.620603, "relative_strength": -9.261128, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.3389, "energy": 65.684206, "activity_lines": [ 55.619187, 52.957935, 51.928591, 51.033063 ] }, { "date": "2026-05-01", "close": 60.751286, "volume": 4744857, "typical_volume": 3655654.4, "trend": 50.546656, "fair_value": 62.657718, "relative_strength": -13.39447, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.106703, "energy": 72.929255, "activity_lines": [ 58.180272, 54.594033, 52.862408, 51.710425 ] }, { "date": "2026-05-08", "close": 58.765949, "volume": 3647921, "typical_volume": 3783324.95, "trend": 50.811367, "fair_value": 62.70168, "relative_strength": -20.835269, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.345332, "energy": 73.80545, "activity_lines": [ 59.308606, 55.703115, 53.542386, 52.240702 ] }, { "date": "2026-05-15", "close": 59.560081, "volume": 2931663, "typical_volume": 3898546.2, "trend": 51.115786, "fair_value": 62.761094, "relative_strength": -18.160207, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.845827, "energy": 74.102786, "activity_lines": [ 59.851264, 56.832049, 54.247416, 52.805136 ] }, { "date": "2026-05-22", "close": 62.637352, "volume": 2798592, "typical_volume": 3995984.25, "trend": 51.582339, "fair_value": 62.852324, "relative_strength": -15.468527, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.999333, "energy": 69.238746, "activity_lines": [ 60.896875, 58.326465, 55.186906, 53.548462 ] }, { "date": "2026-05-29", "close": 61.346882, "volume": 4145067, "typical_volume": 4176573.85, "trend": 51.952936, "fair_value": 62.93816, "relative_strength": -21.020718, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.606936, "energy": 48.001098, "activity_lines": [ 60.949816, 59.342596, 55.934243, 54.178433 ] }, { "date": "2026-06-05", "close": 58.468147, "volume": 3863615, "typical_volume": 3898553.45, "trend": 52.305333, "fair_value": 63.007269, "relative_strength": -24.54211, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.302462, "energy": 40.117177, "activity_lines": [ 60.235095, 59.638592, 56.346673, 54.598769 ] }, { "date": "2026-06-12", "close": 56.979145, "volume": 2091772, "typical_volume": 3852860.3, "trend": 52.566735, "fair_value": 63.055896, "relative_strength": -24.202052, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.438592, "energy": 29.323265, "activity_lines": [ 59.17625, 59.495107, 56.584677, 54.900305 ] }, { "date": "2026-06-19", "close": 59.857883, "volume": 1375134, "typical_volume": 3727198.45, "trend": 52.947258, "fair_value": 63.128157, "relative_strength": -23.664044, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.019112, "energy": 25.080915, "activity_lines": [ 59.196103, 59.675592, 57.072739, 55.370702 ] }, { "date": "2026-06-26", "close": 71.075027, "volume": 20506757, "typical_volume": 4348731.05, "trend": 53.830732, "fair_value": 63.263688, "relative_strength": -5.077669, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.879442, "energy": 43.895515, "activity_lines": [ 62.935152, 61.74756, 58.604047, 56.540236 ] }, { "date": "2026-07-03", "close": 69.784569, "volume": 8079767, "typical_volume": 4609585.95, "trend": 54.605014, "fair_value": 63.407065, "relative_strength": -10.656477, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.451925, "energy": 51.310168, "activity_lines": [ 65.681536, 63.278075, 59.929732, 57.569515 ] }, { "date": "2026-07-10", "close": 66.800003, "volume": 0, "typical_volume": 4503735.7, "trend": 55.259956, "fair_value": 63.539946, "relative_strength": -11.252001, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.890279, "energy": 61.107864, "activity_lines": [ 66.870552, 64.16487, 60.878524, 58.356289 ] }, { "date": "2026-07-17", "close": 54.900002, "volume": 762135, "typical_volume": 4466213.0, "trend": 55.485143, "fair_value": 63.599999, "relative_strength": -21.920106, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.918652, "energy": 32.302753, "activity_lines": [ 63.537444, 62.778051, 60.621691, 58.333066 ] }, { "date": "2026-07-24", "close": 54.700001, "volume": 1485687, "typical_volume": 4438932.0, "trend": 55.733443, "fair_value": 63.668799, "relative_strength": -23.384746, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.024994, "energy": 11.645161, "activity_lines": [ 60.276279, 61.425159, 60.331603, 58.282412 ] }, { "date": "2026-07-31", "close": 49.700001, "volume": 2224229, "typical_volume": 4499128.65, "trend": 55.786951, "fair_value": 63.624891, "relative_strength": -28.937598, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.992021, "energy": 26.452897, "activity_lines": [ 55.692306, 59.251541, 59.537652, 57.893157 ] }, { "date": "2026-08-07", "close": 54.299999, "volume": 1363728, "typical_volume": 4503166.25, "trend": 55.977247, "fair_value": 63.629804, "relative_strength": -23.7464, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.968713, "energy": 28.152753, "activity_lines": [ 54.066667, 58.149511, 59.179589, 57.797225 ] }, { "date": "2026-08-14", "close": 54.5, "volume": 1381889, "typical_volume": 4520818.75, "trend": 56.073289, "fair_value": 63.619083, "relative_strength": -25.576981, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.473878, "energy": 28.696832, "activity_lines": [ 53.54, 57.211969, 58.822606, 57.701919 ] }, { "date": "2026-08-21", "close": 52.0, "volume": 591626, "typical_volume": 4518057.4, "trend": 56.076071, "fair_value": 63.624356, "relative_strength": -27.485558, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.607921, "energy": 38.313114, "activity_lines": [ 53.0, 55.89203, 58.202226, 57.439126 ] } ], "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." } } }