{ "ticker": { "uuid": "2a00eb75-9f04-4a77-b405-5b63b22da892", "symbol": "4417", "name": "King Chou Marine Technology 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 87.4, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": 15.538, "architecture_energy": 19.567, "architecture_maturity": 62.233, "architecture_confidence": 42.436, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 48.9, "rotation_up": 40.07, "upward_expansion": 33.98, "deceleration": 41.0, "rotation_down": 23.21, "downward_expansion": 49.32 }, "activity_lines": [ 44.896667, 44.446923, 43.886811, 44.414201 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 46.950001, "trend_reference": 45.397589, "distance_from_trend": 0.034196, "trend_direction": "Weakening", "fair_value": 38.978973, "distance_from_fair_value": 0.204496, "fair_value_direction": "Improving", "relative_strength": -29.33809, "relative_strength_direction": "Improving", "price_momentum": -0.024305, "excess_performance": -0.465677, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.034196, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.042921, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.204496, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.107255, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.293381, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.096824, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.024305, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.914408, "read": "Demand-led" } ], "volume": { "latest": 1216908, "relative_activity": 1.696388, "balance": 1.914408, "dry_up": 0.767445, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.030738, "annualized_volatility": 0.1512, "from_high_reference": -0.125414, "from_low_reference": 0.145669 }, "levels": { "trend_reference": 45.397589, "fair_value_reference": 38.978973, "structural_low": 40.980435, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.012261, "positive_rate": 0.666667, "directional_follow_through": 0.25, "median_excess_return": -0.035302, "regime_survival": 0.666667, "best_return": 0.076835, "worst_return": -0.057022, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.005135, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": -0.055514, "regime_survival": 0.2, "best_return": 0.060426, "worst_return": -0.010273, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.044314, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.052642, "regime_survival": 0.25, "best_return": 0.117025, "worst_return": -0.018732, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.08276, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.05511, "regime_survival": 0.0, "best_return": 0.119893, "worst_return": 0.045626, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-29", "end": "2024-03-15", "tenure": "Developing", "return": 0.002567, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-22", "end": "2024-05-31", "tenure": "Developing", "return": -0.008951, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-07", "end": "2024-06-28", "tenure": "New", "return": 0.009044, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-05", "end": "2024-07-05", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-10-25", "tenure": "Established", "return": 0.019405, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-12-06", "tenure": "Developing", "return": 0.026684, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-04-18", "tenure": "Established", "return": 0.058333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.089468, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-10-03", "tenure": "Established", "return": 0.105113, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.04888, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-12-26", "tenure": "Developing", "return": 0.058594, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-03-27", "tenure": "Developing", "return": -0.043314, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": -0.046627, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-24", "end": "2026-08-14", "tenure": "Established", "return": 0.069452, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 32.829956, "volume": 399000, "typical_volume": 943000.0, "trend": 31.644783, "fair_value": 26.081725, "relative_strength": 0.933707, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.764691, "energy": 23.902169, "activity_lines": [ 33.012115, 33.063039, 33.017255, 32.51323 ] }, { "date": "2023-08-18", "close": 32.622959, "volume": 269000, "typical_volume": 896500.0, "trend": 31.783675, "fair_value": 26.160305, "relative_strength": 1.3686, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.179527, "energy": 16.709973, "activity_lines": [ 32.890676, 32.969456, 33.009874, 32.576339 ] }, { "date": "2023-08-25", "close": 32.995556, "volume": 339000, "typical_volume": 888550.0, "trend": 31.931126, "fair_value": 26.240621, "relative_strength": 1.616124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.437029, "energy": 16.609381, "activity_lines": [ 32.909996, 32.959823, 33.031928, 32.654524 ] }, { "date": "2023-09-01", "close": 32.954155, "volume": 259000, "typical_volume": 859250.0, "trend": 32.063039, "fair_value": 26.316111, "relative_strength": 0.256578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.455464, "energy": 11.810777, "activity_lines": [ 32.909996, 32.94437, 33.042947, 32.720526 ] }, { "date": "2023-09-08", "close": 32.788555, "volume": 219000, "typical_volume": 817050.0, "trend": 32.182997, "fair_value": 26.391408, "relative_strength": -0.013657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.607127, "energy": 10.609594, "activity_lines": [ 32.854796, 32.908992, 33.030933, 32.767334 ] }, { "date": "2023-09-15", "close": 32.540161, "volume": 554000, "typical_volume": 798950.0, "trend": 32.286953, "fair_value": 26.464244, "relative_strength": -2.894545, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.191659, "energy": 6.110518, "activity_lines": [ 32.755437, 32.836731, 32.983642, 32.790377 ] }, { "date": "2023-09-22", "close": 32.415962, "volume": 246000, "typical_volume": 743750.0, "trend": 32.380334, "fair_value": 26.53498, "relative_strength": 0.100131, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.103521, "energy": 9.442609, "activity_lines": [ 32.633999, 32.751674, 32.9196, 32.7987 ] }, { "date": "2023-09-29", "close": 32.912754, "volume": 229000, "typical_volume": 647350.0, "trend": 32.478692, "fair_value": 26.610639, "relative_strength": 1.536497, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.592981, "energy": 11.778815, "activity_lines": [ 32.691958, 32.765223, 32.904608, 32.83305 ] }, { "date": "2023-10-06", "close": 32.954155, "volume": 307000, "typical_volume": 607100.0, "trend": 32.579716, "fair_value": 26.686997, "relative_strength": 0.666943, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.825235, "energy": 10.559136, "activity_lines": [ 32.769237, 32.786299, 32.895504, 32.863725 ] }, { "date": "2023-10-13", "close": 32.871361, "volume": 143000, "typical_volume": 562650.0, "trend": 32.665111, "fair_value": 26.766518, "relative_strength": -1.064544, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.696608, "energy": 6.974094, "activity_lines": [ 32.818918, 32.792321, 32.880262, 32.88254 ] }, { "date": "2023-10-20", "close": 32.66436, "volume": 201000, "typical_volume": 534950.0, "trend": 32.7243, "fair_value": 26.843191, "relative_strength": 0.406731, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.008807, "energy": 7.970519, "activity_lines": [ 32.794079, 32.76974, 32.847632, 32.882492 ] }, { "date": "2023-10-27", "close": 32.66436, "volume": 210000, "typical_volume": 506150.0, "trend": 32.768045, "fair_value": 26.919212, "relative_strength": 2.341179, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.55698, "energy": 4.744979, "activity_lines": [ 32.760959, 32.750169, 32.819968, 32.878625 ] }, { "date": "2023-11-03", "close": 32.581558, "volume": 157000, "typical_volume": 448800.0, "trend": 32.803881, "fair_value": 26.993182, "relative_strength": -0.142216, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.849639, "energy": 19.313934, "activity_lines": [ 32.683679, 32.714791, 32.788465, 32.866593 ] }, { "date": "2023-11-10", "close": 32.66436, "volume": 180000, "typical_volume": 430200.0, "trend": 32.845052, "fair_value": 27.067683, "relative_strength": -0.85464, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.188651, "energy": 26.08854, "activity_lines": [ 32.65608, 32.701995, 32.767267, 32.857592 ] }, { "date": "2023-11-17", "close": 32.457359, "volume": 781000, "typical_volume": 408650.0, "trend": 32.915359, "fair_value": 27.140857, "relative_strength": -4.388609, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.232491, "energy": 43.283123, "activity_lines": [ 32.578799, 32.656832, 32.730401, 32.83258 ] }, { "date": "2023-11-24", "close": 32.581558, "volume": 295000, "typical_volume": 338150.0, "trend": 32.951196, "fair_value": 27.212003, "relative_strength": -4.391485, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.341521, "energy": 40.199351, "activity_lines": [ 32.570519, 32.640272, 32.70911, 32.811044 ] }, { "date": "2023-12-01", "close": 32.540161, "volume": 273000, "typical_volume": 317100.0, "trend": 32.94318, "fair_value": 27.279626, "relative_strength": -5.298918, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.148315, "energy": 36.653364, "activity_lines": [ 32.553959, 32.615432, 32.686241, 32.784526 ] }, { "date": "2023-12-08", "close": 32.66436, "volume": 306000, "typical_volume": 310900.0, "trend": 32.921286, "fair_value": 27.347176, "relative_strength": -4.612703, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.89436, "energy": 27.204303, "activity_lines": [ 32.58708, 32.610916, 32.676779, 32.766537 ] }, { "date": "2023-12-15", "close": 32.498756, "volume": 727000, "typical_volume": 329500.0, "trend": 32.893872, "fair_value": 27.41323, "relative_strength": -6.54347, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.785191, "energy": 26.172708, "activity_lines": [ 32.559479, 32.580806, 32.652727, 32.739277 ] }, { "date": "2023-12-22", "close": 32.457359, "volume": 288000, "typical_volume": 319100.0, "trend": 32.863792, "fair_value": 27.478151, "relative_strength": -6.067532, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.728208, "energy": 28.443797, "activity_lines": [ 32.529119, 32.55145, 32.626902, 32.711115 ] }, { "date": "2023-12-29", "close": 32.250362, "volume": 385000, "typical_volume": 318400.0, "trend": 32.815227, "fair_value": 27.543481, "relative_strength": -8.152516, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.550298, "energy": 41.320345, "activity_lines": [ 32.42976, 32.491985, 32.585699, 32.671539 ] }, { "date": "2024-01-05", "close": 32.250362, "volume": 214000, "typical_volume": 315650.0, "trend": 32.773099, "fair_value": 27.609898, "relative_strength": -5.751714, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.926824, "energy": 54.905535, "activity_lines": [ 32.35248, 32.440047, 32.547257, 32.635096 ] }, { "date": "2024-01-12", "close": 32.12616, "volume": 310000, "typical_volume": 314200.0, "trend": 32.740987, "fair_value": 27.675519, "relative_strength": -5.844, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.143469, "energy": 63.997353, "activity_lines": [ 32.253121, 32.373055, 32.498759, 32.593358 ] }, { "date": "2024-01-19", "close": 32.167557, "volume": 207106, "typical_volume": 311605.3, "trend": 32.696098, "fair_value": 27.73945, "relative_strength": -6.529572, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.523622, "energy": 64.931862, "activity_lines": [ 32.20344, 32.321869, 32.458345, 32.556363 ] }, { "date": "2024-01-26", "close": 32.250362, "volume": 152000, "typical_volume": 308255.3, "trend": 32.662978, "fair_value": 27.804781, "relative_strength": -7.811224, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.543594, "energy": 56.334016, "activity_lines": [ 32.20344, 32.294771, 32.429562, 32.527605 ] }, { "date": "2024-02-02", "close": 32.250362, "volume": 216000, "typical_volume": 291355.3, "trend": 32.635378, "fair_value": 27.869894, "relative_strength": -8.076399, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.486623, "energy": 42.313519, "activity_lines": [ 32.217241, 32.271437, 32.403343, 32.500985 ] }, { "date": "2024-02-09", "close": 32.208965, "volume": 32000, "typical_volume": 280655.3, "trend": 32.613299, "fair_value": 27.935829, "relative_strength": -8.293444, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.642735, "energy": 35.951443, "activity_lines": [ 32.217242, 32.246598, 32.37456, 32.473475 ] }, { "date": "2024-02-16", "close": 32.250362, "volume": 175000, "typical_volume": 277955.3, "trend": 32.591219, "fair_value": 28.003983, "relative_strength": -10.549786, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.994214, "energy": 31.496602, "activity_lines": [ 32.233802, 32.235307, 32.350706, 32.450059 ] }, { "date": "2024-02-23", "close": 32.622959, "volume": 596000, "typical_volume": 292405.3, "trend": 32.580179, "fair_value": 28.072571, "relative_strength": -10.704648, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.583156, "energy": 12.001047, "activity_lines": [ 32.366282, 32.299289, 32.365492, 32.452107 ] }, { "date": "2024-03-01", "close": 32.788555, "volume": 473000, "typical_volume": 308905.3, "trend": 32.560859, "fair_value": 28.135487, "relative_strength": -10.305197, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.736499, "energy": 13.183308, "activity_lines": [ 32.523599, 32.39112, 32.397626, 32.465551 ] }, { "date": "2024-03-08", "close": 32.66436, "volume": 410000, "typical_volume": 319355.3, "trend": 32.555339, "fair_value": 28.195001, "relative_strength": -14.244912, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 17.332468, "energy": 23.584219, "activity_lines": [ 32.603639, 32.454349, 32.418326, 32.472228 ] }, { "date": "2024-03-15", "close": 32.33316, "volume": 780000, "typical_volume": 347855.3, "trend": 32.545679, "fair_value": 28.251522, "relative_strength": -14.398499, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.772502, "energy": 19.893014, "activity_lines": [ 32.545679, 32.449833, 32.407483, 32.457894 ] }, { "date": "2024-03-22", "close": 32.374557, "volume": 343000, "typical_volume": 357155.3, "trend": 32.524979, "fair_value": 28.303096, "relative_strength": -16.316602, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.739961, "energy": 13.904579, "activity_lines": [ 32.493238, 32.451338, 32.40216, 32.446854 ] }, { "date": "2024-03-29", "close": 32.415962, "volume": 205000, "typical_volume": 358405.3, "trend": 32.507039, "fair_value": 28.354067, "relative_strength": -16.163066, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.341479, "energy": 10.831331, "activity_lines": [ 32.44632, 32.455854, 32.401766, 32.43982 ] }, { "date": "2024-04-05", "close": 32.622959, "volume": 168000, "typical_volume": 327755.3, "trend": 32.50152, "fair_value": 28.406147, "relative_strength": -15.477915, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.643957, "energy": 9.426542, "activity_lines": [ 32.4822, 32.49349, 32.422268, 32.447299 ] }, { "date": "2024-04-12", "close": 32.374557, "volume": 450000, "typical_volume": 335505.3, "trend": 32.495999, "fair_value": 28.45468, "relative_strength": -17.390599, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.53504, "energy": 14.095116, "activity_lines": [ 32.446319, 32.479188, 32.418325, 32.439108 ] }, { "date": "2024-04-19", "close": 32.208965, "volume": 562000, "typical_volume": 349955.3, "trend": 32.4891, "fair_value": 28.503238, "relative_strength": -12.459439, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.139732, "energy": 20.543653, "activity_lines": [ 32.374561, 32.43252, 32.399597, 32.42059 ] }, { "date": "2024-04-26", "close": 32.250362, "volume": 184000, "typical_volume": 343855.3, "trend": 32.46702, "fair_value": 28.542069, "relative_strength": -14.566202, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.420774, "energy": 23.760719, "activity_lines": [ 32.324881, 32.393379, 32.386389, 32.405187 ] }, { "date": "2024-05-03", "close": 32.581558, "volume": 347000, "typical_volume": 324855.3, "trend": 32.4546, "fair_value": 28.584761, "relative_strength": -14.143773, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.30174, "energy": 11.958499, "activity_lines": [ 32.39388, 32.414455, 32.406694, 32.412577 ] }, { "date": "2024-05-10", "close": 32.250362, "volume": 436000, "typical_volume": 332255.3, "trend": 32.4339, "fair_value": 28.621421, "relative_strength": -16.057799, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.904816, "energy": 22.853606, "activity_lines": [ 32.341441, 32.376066, 32.395063, 32.3994 ] }, { "date": "2024-05-17", "close": 32.084763, "volume": 452000, "typical_volume": 335605.3, "trend": 32.41458, "fair_value": 28.661363, "relative_strength": -18.180854, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.866494, "energy": 32.212258, "activity_lines": [ 32.258642, 32.317354, 32.368646, 32.376875 ] }, { "date": "2024-05-24", "close": 32.043362, "volume": 230000, "typical_volume": 336405.3, "trend": 32.39388, "fair_value": 28.705818, "relative_strength": -18.997137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.859113, "energy": 38.539285, "activity_lines": [ 32.181362, 32.261652, 32.339075, 32.352926 ] }, { "date": "2024-05-31", "close": 32.084763, "volume": 218000, "typical_volume": 331805.3, "trend": 32.37732, "fair_value": 28.748584, "relative_strength": -16.957009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.313275, "energy": 51.639161, "activity_lines": [ 32.128922, 32.218747, 32.314432, 32.332983 ] }, { "date": "2024-06-07", "close": 32.043362, "volume": 250000, "typical_volume": 333950.0, "trend": 32.35662, "fair_value": 28.781527, "relative_strength": -19.218391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.802424, "energy": 53.633005, "activity_lines": [ 32.073722, 32.173584, 32.286044, 32.311437 ] }, { "date": "2024-06-14", "close": 32.12616, "volume": 250000, "typical_volume": 338850.0, "trend": 32.34558, "fair_value": 28.819562, "relative_strength": -20.928155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.440156, "energy": 47.999845, "activity_lines": [ 32.082002, 32.150249, 32.266132, 32.296568 ] }, { "date": "2024-06-21", "close": 32.457359, "volume": 207000, "typical_volume": 338400.0, "trend": 32.34144, "fair_value": 28.863413, "relative_strength": -22.227389, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.68959, "energy": 15.302627, "activity_lines": [ 32.208961, 32.196165, 32.278355, 32.30378 ] }, { "date": "2024-06-28", "close": 32.33316, "volume": 278000, "typical_volume": 350700.0, "trend": 32.33454, "fair_value": 28.905164, "relative_strength": -21.307695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.889471, "energy": 13.510625, "activity_lines": [ 32.26968, 32.217994, 32.277764, 32.303246 ] }, { "date": "2024-07-05", "close": 32.498756, "volume": 435000, "typical_volume": 363700.0, "trend": 32.32902, "fair_value": 28.94776, "relative_strength": -22.157221, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.290686, "energy": 13.229627, "activity_lines": [ 32.366279, 32.267673, 32.292352, 32.31384 ] }, { "date": "2024-07-12", "close": 33.717884, "volume": 1188000, "typical_volume": 393300.0, "trend": 32.369658, "fair_value": 28.995782, "relative_strength": -20.026888, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.88859, "energy": 68.053214, "activity_lines": [ 32.841653, 32.534495, 32.421865, 32.403444 ] }, { "date": "2024-07-19", "close": 33.456165, "volume": 525000, "typical_volume": 395900.0, "trend": 32.402951, "fair_value": 29.042994, "relative_strength": -16.585064, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.804249, "energy": 80.291361, "activity_lines": [ 33.118154, 32.733072, 32.521238, 32.473542 ] }, { "date": "2024-07-26", "close": 33.543407, "volume": 198000, "typical_volume": 385300.0, "trend": 32.446053, "fair_value": 29.092069, "relative_strength": -13.161061, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.746778, "energy": 84.459864, "activity_lines": [ 33.335068, 32.925587, 32.625741, 32.547119 ] }, { "date": "2024-08-02", "close": 33.32531, "volume": 183000, "typical_volume": 355450.0, "trend": 32.481884, "fair_value": 29.142787, "relative_strength": -11.377065, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.815404, "energy": 82.123737, "activity_lines": [ 33.40688, 33.051927, 32.705286, 32.603846 ] }, { "date": "2024-08-09", "close": 33.892361, "volume": 738000, "typical_volume": 375200.0, "trend": 32.540758, "fair_value": 29.196488, "relative_strength": -8.756459, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.615953, "energy": 78.466897, "activity_lines": [ 33.601565, 33.25806, 32.834113, 32.694844 ] }, { "date": "2024-08-16", "close": 34.197701, "volume": 820000, "typical_volume": 405950.0, "trend": 32.608429, "fair_value": 29.25193, "relative_strength": -11.105032, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.097694, "energy": 71.478198, "activity_lines": [ 33.805124, 33.486843, 32.984791, 32.801744 ] }, { "date": "2024-08-23", "close": 34.02322, "volume": 215000, "typical_volume": 408300.0, "trend": 32.667525, "fair_value": 29.308827, "relative_strength": -10.327769, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.326565, "energy": 56.550432, "activity_lines": [ 33.918534, 33.644733, 33.110368, 32.893021 ] }, { "date": "2024-08-30", "close": 34.241318, "volume": 188000, "typical_volume": 395200.0, "trend": 32.73389, "fair_value": 29.369448, "relative_strength": -9.750762, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.885449, "energy": 58.105655, "activity_lines": [ 34.06684, 33.807785, 33.250048, 32.994556 ] }, { "date": "2024-09-06", "close": 33.979603, "volume": 295000, "typical_volume": 381850.0, "trend": 32.792911, "fair_value": 29.427461, "relative_strength": -6.546203, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.774168, "energy": 50.74976, "activity_lines": [ 34.081381, 33.890817, 33.355913, 33.074924 ] }, { "date": "2024-09-13", "close": 34.895611, "volume": 1203000, "typical_volume": 432800.0, "trend": 32.881086, "fair_value": 29.48995, "relative_strength": -5.114406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.803121, "energy": 55.066081, "activity_lines": [ 34.357637, 34.11046, 33.540586, 33.210582 ] }, { "date": "2024-09-20", "close": 35.331806, "volume": 686000, "typical_volume": 449750.0, "trend": 32.971381, "fair_value": 29.55384, "relative_strength": -5.242266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.905149, "energy": 60.724512, "activity_lines": [ 34.712409, 34.365832, 33.754205, 33.368693 ] }, { "date": "2024-09-27", "close": 35.200947, "volume": 446000, "typical_volume": 450250.0, "trend": 33.051794, "fair_value": 29.616658, "relative_strength": -7.842021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.918668, "energy": 58.617018, "activity_lines": [ 34.947954, 34.568068, 33.942265, 33.512536 ] }, { "date": "2024-10-04", "close": 35.331806, "volume": 699000, "typical_volume": 462600.0, "trend": 33.140709, "fair_value": 29.680548, "relative_strength": -4.893746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.856074, "energy": 63.266526, "activity_lines": [ 35.148604, 34.762373, 34.128736, 33.659634 ] }, { "date": "2024-10-11", "close": 34.459419, "volume": 964000, "typical_volume": 499300.0, "trend": 33.211584, "fair_value": 29.739543, "relative_strength": -9.191912, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.874469, "energy": 49.04839, "activity_lines": [ 34.985759, 34.765546, 34.216662, 33.744712 ] }, { "date": "2024-10-18", "close": 34.633896, "volume": 695000, "typical_volume": 523150.0, "trend": 33.286895, "fair_value": 29.80175, "relative_strength": -10.475592, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.047098, "energy": 39.948725, "activity_lines": [ 34.849085, 34.779822, 34.309699, 33.836474 ] }, { "date": "2024-10-25", "close": 34.372177, "volume": 213000, "typical_volume": 521300.0, "trend": 33.352103, "fair_value": 29.862512, "relative_strength": -10.043734, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.850519, "energy": 26.771362, "activity_lines": [ 34.642619, 34.73303, 34.365672, 33.906492 ] }, { "date": "2024-11-01", "close": 34.32856, "volume": 172000, "typical_volume": 517400.0, "trend": 33.408956, "fair_value": 29.921134, "relative_strength": -7.40843, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.504626, "energy": 19.697969, "activity_lines": [ 34.485589, 34.675135, 34.406401, 33.969489 ] }, { "date": "2024-11-08", "close": 35.288189, "volume": 590000, "typical_volume": 536550.0, "trend": 33.506077, "fair_value": 29.985209, "relative_strength": -7.444182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.307049, "energy": 26.999198, "activity_lines": [ 34.706595, 34.786167, 34.528036, 34.09073 ] }, { "date": "2024-11-15", "close": 34.241318, "volume": 1071000, "typical_volume": 576200.0, "trend": 33.573822, "fair_value": 30.042109, "relative_strength": -6.564539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.051047, "energy": 18.009382, "activity_lines": [ 34.581552, 34.687825, 34.536488, 34.138165 ] }, { "date": "2024-11-22", "close": 34.590279, "volume": 206700, "typical_volume": 564785.0, "trend": 33.651819, "fair_value": 30.101013, "relative_strength": -5.857307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.678945, "energy": 18.390719, "activity_lines": [ 34.587369, 34.648171, 34.569089, 34.203743 ] }, { "date": "2024-11-29", "close": 34.633896, "volume": 223000, "typical_volume": 516535.0, "trend": 33.720231, "fair_value": 30.159498, "relative_strength": -2.658969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.275645, "energy": 19.701728, "activity_lines": [ 34.610633, 34.622, 34.595884, 34.267103 ] }, { "date": "2024-12-06", "close": 35.244568, "volume": 315000, "typical_volume": 506035.0, "trend": 33.820038, "fair_value": 30.222131, "relative_strength": -4.504944, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.222309, "energy": 27.353949, "activity_lines": [ 34.820006, 34.719549, 34.676476, 34.365447 ] }, { "date": "2024-12-13", "close": 36.640396, "volume": 1488000, "typical_volume": 570535.0, "trend": 33.971892, "fair_value": 30.293478, "relative_strength": 0.321864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.150561, "energy": 60.081888, "activity_lines": [ 35.433588, 35.070091, 34.881488, 34.547406 ] }, { "date": "2024-12-20", "close": 36.073338, "volume": 390000, "typical_volume": 580885.0, "trend": 34.106225, "fair_value": 30.361424, "relative_strength": 1.305165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.424028, "energy": 65.007414, "activity_lines": [ 35.768003, 35.29374, 35.017747, 34.682983 ] }, { "date": "2024-12-27", "close": 36.116962, "volume": 372000, "typical_volume": 562585.0, "trend": 34.240631, "fair_value": 30.431044, "relative_strength": -1.612504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.885932, "energy": 70.153914, "activity_lines": [ 35.994825, 35.495977, 35.145075, 34.812708 ] }, { "date": "2025-01-03", "close": 35.288189, "volume": 292000, "typical_volume": 536185.0, "trend": 34.348792, "fair_value": 30.496515, "relative_strength": -1.969424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.471894, "energy": 62.421636, "activity_lines": [ 35.843611, 35.520562, 35.182879, 34.880292 ] }, { "date": "2025-01-10", "close": 35.768002, "volume": 276000, "typical_volume": 539235.0, "trend": 34.470187, "fair_value": 30.564364, "relative_strength": -0.743407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.072067, "energy": 42.727622, "activity_lines": [ 35.808715, 35.615732, 35.261186, 34.971854 ] }, { "date": "2025-01-17", "close": 36.335056, "volume": 715000, "typical_volume": 565585.0, "trend": 34.599443, "fair_value": 30.63608, "relative_strength": 0.544999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.507418, "energy": 43.305483, "activity_lines": [ 35.927941, 35.78783, 35.38519, 35.092168 ] }, { "date": "2025-01-24", "close": 36.465916, "volume": 188000, "typical_volume": 560235.0, "trend": 34.737202, "fair_value": 30.707473, "relative_strength": -0.414357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.50007, "energy": 43.033994, "activity_lines": [ 36.111143, 35.964688, 35.511687, 35.212586 ] }, { "date": "2025-02-07", "close": 37.381924, "volume": 701276, "typical_volume": 535148.8, "trend": 34.899974, "fair_value": 30.784969, "relative_strength": 2.537363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.978465, "energy": 67.196985, "activity_lines": [ 36.57351, 36.267645, 35.713583, 35.383213 ] }, { "date": "2025-02-14", "close": 38.123459, "volume": 1419411, "typical_volume": 571819.35, "trend": 35.046827, "fair_value": 30.867452, "relative_strength": 6.217563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.724377, "energy": 85.446969, "activity_lines": [ 37.198724, 36.654669, 35.974261, 35.59118 ] }, { "date": "2025-02-21", "close": 38.995846, "volume": 823225, "typical_volume": 590680.6, "trend": 35.231483, "fair_value": 30.953666, "relative_strength": 6.121826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.267981, "energy": 95.01055, "activity_lines": [ 37.925715, 37.136863, 36.304731, 35.845955 ] }, { "date": "2025-02-28", "close": 39.868237, "volume": 770300, "typical_volume": 594245.6, "trend": 35.44231, "fair_value": 31.045938, "relative_strength": 11.6792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.18371, "energy": 96.521425, "activity_lines": [ 38.728314, 37.709468, 36.700215, 36.145101 ] }, { "date": "2025-03-07", "close": 39.432045, "volume": 776451, "typical_volume": 584868.15, "trend": 35.645868, "fair_value": 31.137274, "relative_strength": 12.770561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.334669, "energy": 90.928836, "activity_lines": [ 39.14997, 38.144077, 37.032554, 36.402503 ] }, { "date": "2025-03-14", "close": 39.780994, "volume": 1180847, "typical_volume": 609160.5, "trend": 35.842156, "fair_value": 31.230149, "relative_strength": 16.685643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.653321, "energy": 89.324118, "activity_lines": [ 39.490201, 38.581065, 37.374447, 36.669285 ] }, { "date": "2025-03-21", "close": 40.348053, "volume": 956037, "typical_volume": 646312.35, "trend": 36.047168, "fair_value": 31.32759, "relative_strength": 16.812564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.923264, "energy": 89.409865, "activity_lines": [ 39.859513, 39.054535, 37.745836, 36.959988 ] }, { "date": "2025-03-28", "close": 39.475658, "volume": 737957, "typical_volume": 674610.2, "trend": 36.228916, "fair_value": 31.418974, "relative_strength": 17.165234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.389304, "energy": 66.294571, "activity_lines": [ 39.789721, 39.27739, 38.005684, 37.181181 ] }, { "date": "2025-04-04", "close": 38.734131, "volume": 471528, "typical_volume": 668686.6, "trend": 36.378676, "fair_value": 31.50444, "relative_strength": 16.29148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.161735, "energy": 59.785601, "activity_lines": [ 39.440765, 39.298011, 38.170399, 37.342808 ] }, { "date": "2025-04-11", "close": 38.385174, "volume": 2626788, "typical_volume": 746476.0, "trend": 36.525528, "fair_value": 31.588136, "relative_strength": 25.129511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.041205, "energy": 39.438864, "activity_lines": [ 39.051098, 39.211565, 38.285472, 37.47226 ] }, { "date": "2025-04-18", "close": 38.777752, "volume": 1107090, "typical_volume": 791495.5, "trend": 36.654933, "fair_value": 31.673882, "relative_strength": 26.601846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.060136, "energy": 26.643934, "activity_lines": [ 38.862081, 39.161601, 38.4182, 37.617564 ] }, { "date": "2025-04-25", "close": 38.516033, "volume": 752189, "typical_volume": 817954.95, "trend": 36.761074, "fair_value": 31.76051, "relative_strength": 22.294754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.455185, "energy": 21.911398, "activity_lines": [ 38.652708, 39.038674, 38.506062, 37.737635 ] }, { "date": "2025-05-02", "close": 39.083084, "volume": 304046, "typical_volume": 817407.25, "trend": 36.890479, "fair_value": 31.850772, "relative_strength": 18.235747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.492469, "energy": 19.58124, "activity_lines": [ 38.754486, 39.011709, 38.629443, 37.887442 ] }, { "date": "2025-05-09", "close": 39.868237, "volume": 522700, "typical_volume": 769142.25, "trend": 37.041693, "fair_value": 31.947928, "relative_strength": 19.437832, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.034591, "energy": 32.945546, "activity_lines": [ 39.144153, 39.125912, 38.809322, 38.079556 ] }, { "date": "2025-05-16", "close": 41.961971, "volume": 2038312, "typical_volume": 851557.85, "trend": 37.291778, "fair_value": 32.059669, "relative_strength": 19.84072, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.607068, "energy": 51.313938, "activity_lines": [ 40.156125, 39.620795, 39.173233, 38.396993 ] }, { "date": "2025-05-23", "close": 41.613018, "volume": 406375, "typical_volume": 853276.6, "trend": 37.524415, "fair_value": 32.174989, "relative_strength": 19.304387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.290285, "energy": 71.89652, "activity_lines": [ 40.813326, 40.006233, 39.475869, 38.675783 ] }, { "date": "2025-05-30", "close": 41.133202, "volume": 428000, "typical_volume": 860076.6, "trend": 37.749783, "fair_value": 32.287697, "relative_strength": 18.986935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.095679, "energy": 73.363636, "activity_lines": [ 41.12157, 40.271122, 39.706637, 38.908608 ] }, { "date": "2025-06-06", "close": 40.348053, "volume": 404185, "typical_volume": 866485.85, "trend": 37.950433, "fair_value": 32.396071, "relative_strength": 14.554545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.63998, "energy": 68.160482, "activity_lines": [ 40.99362, 40.378982, 39.834795, 39.076238 ] }, { "date": "2025-06-13", "close": 41.220444, "volume": 1600797, "typical_volume": 910775.7, "trend": 38.148174, "fair_value": 32.50678, "relative_strength": 14.302668, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.04377, "energy": 49.377303, "activity_lines": [ 41.072136, 40.629596, 40.024229, 39.287207 ] }, { "date": "2025-06-20", "close": 41.482159, "volume": 625205, "typical_volume": 932635.95, "trend": 38.389536, "fair_value": 32.619167, "relative_strength": 14.558029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.38271, "energy": 44.45287, "activity_lines": [ 41.147743, 40.882589, 40.215324, 39.502302 ] }, { "date": "2025-06-27", "close": 41.961971, "volume": 769380, "typical_volume": 936041.15, "trend": 38.635259, "fair_value": 32.731606, "relative_strength": 12.531384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.830663, "energy": 45.801032, "activity_lines": [ 41.415275, 41.166512, 40.428228, 39.732782 ] }, { "date": "2025-07-04", "close": 43.251976, "volume": 2461067, "typical_volume": 988123.95, "trend": 38.922528, "fair_value": 32.850685, "relative_strength": 15.466731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.127177, "energy": 53.98488, "activity_lines": [ 42.089545, 41.627086, 40.742181, 40.030635 ] }, { "date": "2025-07-11", "close": 40.470501, "volume": 1597076, "typical_volume": 1026816.5, "trend": 39.096726, "fair_value": 32.953563, "relative_strength": 6.58213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.79264, "energy": 41.889025, "activity_lines": [ 41.695406, 41.49583, 40.766809, 40.130504 ] }, { "date": "2025-07-18", "close": 39.867844, "volume": 714247, "typical_volume": 1024013.85, "trend": 39.204308, "fair_value": 33.051415, "relative_strength": 1.810433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.94784, "energy": 25.919271, "activity_lines": [ 41.092217, 41.229774, 40.72702, 40.180253 ] }, { "date": "2025-07-25", "close": 39.914204, "volume": 534815, "typical_volume": 1011932.05, "trend": 39.332336, "fair_value": 33.148401, "relative_strength": 1.723956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.517927, "energy": 15.01172, "activity_lines": [ 40.594655, 40.972154, 40.691647, 40.226053 ] }, { "date": "2025-08-01", "close": 40.424139, "volume": 555275, "typical_volume": 980653.45, "trend": 39.475909, "fair_value": 33.247725, "relative_strength": 2.471154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.215225, "energy": 21.83105, "activity_lines": [ 40.371601, 40.844481, 40.702544, 40.296492 ] }, { "date": "2025-08-08", "close": 44.920864, "volume": 2574179, "typical_volume": 1061560.55, "trend": 39.796998, "fair_value": 33.372326, "relative_strength": 10.670758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.364694, "energy": 34.381827, "activity_lines": [ 41.749978, 41.556011, 41.138638, 40.64778 ] }, { "date": "2025-08-15", "close": 45.708946, "volume": 2116664, "typical_volume": 1130495.9, "trend": 40.128363, "fair_value": 33.501978, "relative_strength": 10.784987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.354026, "energy": 71.17047, "activity_lines": [ 43.27979, 42.341962, 41.628011, 41.029195 ] }, { "date": "2025-08-22", "close": 46.821541, "volume": 1218424, "typical_volume": 1167840.7, "trend": 40.477913, "fair_value": 33.63406, "relative_strength": 15.626376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.96115, "energy": 85.704347, "activity_lines": [ 44.831238, 43.232732, 42.193664, 41.461013 ] }, { "date": "2025-08-29", "close": 49.603016, "volume": 1660930, "typical_volume": 1119547.8, "trend": 40.915816, "fair_value": 33.782734, "relative_strength": 19.437015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.431621, "energy": 94.963628, "activity_lines": [ 46.846263, 44.527387, 42.985708, 42.04973 ] }, { "date": "2025-09-05", "close": 49.973881, "volume": 2038924, "typical_volume": 1166139.5, "trend": 41.335548, "fair_value": 33.932796, "relative_strength": 18.377969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.794891, "energy": 93.537846, "activity_lines": [ 48.33899, 45.74182, 43.759654, 42.634121 ] }, { "date": "2025-09-12", "close": 45.430801, "volume": 2496963, "typical_volume": 1253378.2, "trend": 41.579126, "fair_value": 34.055468, "relative_strength": 3.247841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.697043, "energy": 81.142233, "activity_lines": [ 47.680707, 45.984567, 44.047611, 42.898331 ] }, { "date": "2025-09-19", "close": 45.199009, "volume": 811340, "typical_volume": 1278742.9, "trend": 41.785898, "fair_value": 34.175416, "relative_strength": 2.118722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.322849, "energy": 55.117833, "activity_lines": [ 46.911164, 46.145556, 44.280565, 43.131872 ] }, { "date": "2025-09-26", "close": 45.245369, "volume": 492696, "typical_volume": 1277242.7, "trend": 41.965136, "fair_value": 34.284771, "relative_strength": 2.01803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.989088, "energy": 38.150989, "activity_lines": [ 46.191071, 46.229, 44.488811, 43.355063 ] }, { "date": "2025-10-03", "close": 45.987095, "volume": 358150, "typical_volume": 1193234.6, "trend": 42.183637, "fair_value": 34.401109, "relative_strength": -1.077727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.709421, "energy": 24.709382, "activity_lines": [ 45.823297, 46.349531, 44.742092, 43.614545 ] }, { "date": "2025-10-10", "close": 45.523514, "volume": 352481, "typical_volume": 1190539.9, "trend": 42.375055, "fair_value": 34.518683, "relative_strength": -4.1032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.353765, "energy": 23.429338, "activity_lines": [ 45.542058, 46.275358, 44.932055, 43.830021 ] }, { "date": "2025-10-17", "close": 48.397709, "volume": 1284883, "typical_volume": 1233384.05, "trend": 42.643377, "fair_value": 34.64874, "relative_strength": 1.64843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.534721, "energy": 36.652733, "activity_lines": [ 46.515576, 46.631049, 45.377129, 44.218579 ] }, { "date": "2025-10-24", "close": 47.748699, "volume": 348242, "typical_volume": 1230586.9, "trend": 42.919145, "fair_value": 34.7833, "relative_strength": -0.836025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.661955, "energy": 42.634975, "activity_lines": [ 47.074962, 46.805524, 45.7258, 44.547955 ] }, { "date": "2025-10-31", "close": 47.470551, "volume": 333143, "typical_volume": 1167204.2, "trend": 43.210359, "fair_value": 34.9188, "relative_strength": -4.082442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.901242, "energy": 43.413361, "activity_lines": [ 47.371653, 46.89234, 46.01274, 44.841594 ] }, { "date": "2025-11-07", "close": 48.768574, "volume": 681537, "typical_volume": 1170020.8, "trend": 43.556472, "fair_value": 35.06262, "relative_strength": 0.331548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.842277, "energy": 64.203517, "activity_lines": [ 47.952674, 47.20336, 46.393539, 45.200188 ] }, { "date": "2025-11-14", "close": 52.291779, "volume": 2419874, "typical_volume": 1252545.5, "trend": 44.006939, "fair_value": 35.227045, "relative_strength": 8.091495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.761522, "energy": 83.673975, "activity_lines": [ 49.522663, 48.170134, 47.075183, 45.763757 ] }, { "date": "2025-11-21", "close": 50.715607, "volume": 845507, "typical_volume": 1171767.5, "trend": 44.413592, "fair_value": 35.372456, "relative_strength": 8.164236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.772243, "energy": 79.03831, "activity_lines": [ 50.116045, 48.808188, 47.557527, 46.196574 ] }, { "date": "2025-11-28", "close": 51.642769, "volume": 807561, "typical_volume": 1132291.75, "trend": 44.832248, "fair_value": 35.521583, "relative_strength": 4.98244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.223468, "energy": 85.013165, "activity_lines": [ 50.863954, 49.51873, 48.09263, 46.662972 ] }, { "date": "2025-12-05", "close": 51.086472, "volume": 573289, "typical_volume": 1125243.85, "trend": 45.206189, "fair_value": 35.668134, "relative_strength": 2.237974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.672963, "energy": 81.076589, "activity_lines": [ 51.166826, 50.010967, 48.521552, 47.066471 ] }, { "date": "2025-12-12", "close": 50.344742, "volume": 766370, "typical_volume": 1136821.6, "trend": 45.485615, "fair_value": 35.807702, "relative_strength": -0.307596, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.618093, "energy": 73.187984, "activity_lines": [ 50.981393, 50.262143, 48.82641, 47.39799 ] }, { "date": "2025-12-19", "close": 50.159309, "volume": 455327, "typical_volume": 1131824.2, "trend": 45.770491, "fair_value": 35.944597, "relative_strength": 0.886628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.190844, "energy": 53.40721, "activity_lines": [ 50.629072, 50.400373, 49.063939, 47.699519 ] }, { "date": "2025-12-26", "close": 50.252029, "volume": 256688, "typical_volume": 1015949.65, "trend": 46.074452, "fair_value": 36.076147, "relative_strength": -2.134509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.397296, "energy": 40.411135, "activity_lines": [ 50.449821, 50.471175, 49.263941, 47.98865 ] }, { "date": "2026-01-02", "close": 49.232151, "volume": 410243, "typical_volume": 930628.6, "trend": 46.370589, "fair_value": 36.201405, "relative_strength": -6.839114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.020482, "energy": 29.161257, "activity_lines": [ 49.961517, 50.322829, 49.341425, 48.192373 ] }, { "date": "2026-01-09", "close": 47.655983, "volume": 1014247, "typical_volume": 920419.75, "trend": 46.585107, "fair_value": 36.316313, "relative_strength": -12.64852, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.4414, "energy": 19.12347, "activity_lines": [ 49.108531, 49.860935, 49.25202, 48.275301 ] }, { "date": "2026-01-16", "close": 48.304993, "volume": 545045, "typical_volume": 864625.5, "trend": 46.812535, "fair_value": 36.433401, "relative_strength": -14.600517, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.309376, "energy": 22.0316, "activity_lines": [ 48.700581, 49.513672, 49.220453, 48.386262 ] }, { "date": "2026-01-23", "close": 48.86129, "volume": 438154, "typical_volume": 784587.0, "trend": 47.042512, "fair_value": 36.564203, "relative_strength": -15.074005, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.974224, "energy": 21.323228, "activity_lines": [ 48.614047, 49.275982, 49.248047, 48.51844 ] }, { "date": "2026-01-30", "close": 48.119564, "volume": 371848, "typical_volume": 678331.25, "trend": 47.204765, "fair_value": 36.689508, "relative_strength": -16.585941, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.826135, "energy": 16.320322, "activity_lines": [ 48.366805, 48.965805, 49.210298, 48.587927 ] }, { "date": "2026-02-06", "close": 48.119564, "volume": 259453, "typical_volume": 650736.9, "trend": 47.459734, "fair_value": 36.81209, "relative_strength": -15.77852, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.657476, "energy": 13.129278, "activity_lines": [ 48.261728, 48.70283, 49.159746, 48.646946 ] }, { "date": "2026-02-13", "close": 48.768574, "volume": 337071, "typical_volume": 642955.65, "trend": 47.756425, "fair_value": 36.937595, "relative_strength": -19.103301, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.573451, "energy": 10.798939, "activity_lines": [ 48.447159, 48.621914, 49.157097, 48.731387 ] }, { "date": "2026-02-27", "close": 49.232151, "volume": 471251, "typical_volume": 648610.7, "trend": 48.067023, "fair_value": 37.064586, "relative_strength": -22.294501, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.328458, "energy": 12.10747, "activity_lines": [ 48.712944, 48.667429, 49.181822, 48.826596 ] }, { "date": "2026-03-06", "close": 48.954006, "volume": 422703, "typical_volume": 652121.8, "trend": 48.351352, "fair_value": 37.188557, "relative_strength": -18.320617, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.143074, "energy": 13.894345, "activity_lines": [ 48.824203, 48.682601, 49.164603, 48.88382 ] }, { "date": "2026-03-13", "close": 47.934132, "volume": 1172290, "typical_volume": 646492.15, "trend": 48.451794, "fair_value": 37.303763, "relative_strength": -19.274147, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.996772, "energy": 8.029724, "activity_lines": [ 48.589323, 48.534256, 49.033918, 48.856903 ] }, { "date": "2026-03-20", "close": 48.212276, "volume": 493287, "typical_volume": 653744.4, "trend": 48.535238, "fair_value": 37.420999, "relative_strength": -18.825191, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.935112, "energy": 9.745151, "activity_lines": [ 48.45952, 48.478626, 48.93193, 48.84145 ] }, { "date": "2026-03-27", "close": 47.099686, "volume": 530103, "typical_volume": 663592.4, "trend": 48.54451, "fair_value": 37.528629, "relative_strength": -19.320021, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.922752, "energy": 37.806734, "activity_lines": [ 47.952673, 48.23925, 48.721774, 48.748834 ] }, { "date": "2026-04-03", "close": 46.728825, "volume": 430101, "typical_volume": 651020.6, "trend": 48.448703, "fair_value": 37.630168, "relative_strength": -18.277808, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.911994, "energy": 55.628351, "activity_lines": [ 47.433464, 47.942559, 48.478064, 48.631693 ] }, { "date": "2026-04-10", "close": 46.914253, "volume": 352100, "typical_volume": 547631.9, "trend": 48.346716, "fair_value": 37.729926, "relative_strength": -24.134364, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.035026, "energy": 58.942672, "activity_lines": [ 47.142954, 47.70824, 48.261726, 48.532696 ] }, { "date": "2026-04-17", "close": 44.549999, "volume": 1571424, "typical_volume": 583927.75, "trend": 48.317356, "fair_value": 37.813538, "relative_strength": -30.090199, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.799797, "energy": 86.54344, "activity_lines": [ 46.200342, 47.079458, 47.845829, 48.287747 ] }, { "date": "2026-04-24", "close": 43.900986, "volume": 816299, "typical_volume": 584364.65, "trend": 48.274088, "fair_value": 37.893485, "relative_strength": -34.237556, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.141879, "energy": 92.681343, "activity_lines": [ 45.267001, 46.397574, 47.397481, 48.00282 ] }, { "date": "2026-05-01", "close": 43.715557, "volume": 491452, "typical_volume": 580272.8, "trend": 48.223095, "fair_value": 37.979174, "relative_strength": -33.901363, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.148474, "energy": 92.48072, "activity_lines": [ 44.55927, 45.758677, 46.968339, 47.708721 ] }, { "date": "2026-05-08", "close": 42.742039, "volume": 880284, "typical_volume": 585968.5, "trend": 48.114926, "fair_value": 38.051197, "relative_strength": -38.942884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.720874, "energy": 94.128907, "activity_lines": [ 43.752642, 45.03465, 46.481581, 47.355104 ] }, { "date": "2026-05-15", "close": 41.814877, "volume": 1039524, "typical_volume": 615178.35, "trend": 47.991305, "fair_value": 38.109109, "relative_strength": -39.020508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.642205, "energy": 94.468287, "activity_lines": [ 42.902746, 44.260051, 45.942724, 46.948649 ] }, { "date": "2026-05-22", "close": 41.397659, "volume": 887109, "typical_volume": 646699.4, "trend": 47.75797, "fair_value": 38.160881, "relative_strength": -40.547409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.427533, "energy": 93.732769, "activity_lines": [ 42.253735, 43.539395, 45.403868, 46.523253 ] }, { "date": "2026-05-29", "close": 42.649323, "volume": 1034906, "typical_volume": 677932.55, "trend": 47.587991, "fair_value": 38.220677, "relative_strength": -41.463212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.929217, "energy": 82.514717, "activity_lines": [ 42.232101, 43.16516, 45.026382, 46.193663 ] }, { "date": "2026-06-05", "close": 42.834755, "volume": 868177, "typical_volume": 670629.05, "trend": 47.433464, "fair_value": 38.281414, "relative_strength": -40.969015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.072486, "energy": 65.852952, "activity_lines": [ 42.355722, 42.925785, 44.697903, 45.887002 ] }, { "date": "2026-06-12", "close": 43.112904, "volume": 739086, "typical_volume": 680331.1, "trend": 47.244942, "fair_value": 38.341706, "relative_strength": -38.72353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.959043, "energy": 60.918085, "activity_lines": [ 42.63078, 42.814526, 44.418872, 45.608257 ] }, { "date": "2026-06-19", "close": 43.251976, "volume": 370536, "typical_volume": 676950.2, "trend": 46.943615, "fair_value": 38.404128, "relative_strength": -40.8954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.046752, "energy": 46.622722, "activity_lines": [ 42.927471, 42.794297, 44.177811, 45.350646 ] }, { "date": "2026-06-26", "close": 43.669197, "volume": 527351, "typical_volume": 684725.35, "trend": 46.708735, "fair_value": 38.471946, "relative_strength": -37.097512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.531574, "energy": 38.255163, "activity_lines": [ 43.267429, 42.916513, 44.003196, 45.139393 ] }, { "date": "2026-07-03", "close": 44.689075, "volume": 694130, "typical_volume": 706459.2, "trend": 46.476945, "fair_value": 38.54358, "relative_strength": -37.976347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.9746, "energy": 25.532687, "activity_lines": [ 43.79591, 43.240176, 43.946904, 45.009093 ] }, { "date": "2026-07-10", "close": 44.549999, "volume": 437275, "typical_volume": 711469.4, "trend": 46.259062, "fair_value": 38.616055, "relative_strength": -35.471195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.331078, "energy": 25.607118, "activity_lines": [ 44.142049, 43.524224, 43.893703, 44.884773 ] }, { "date": "2026-07-17", "close": 43.599998, "volume": 1005178, "typical_volume": 738165.75, "trend": 46.034238, "fair_value": 38.683501, "relative_strength": -32.227722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.743146, "energy": 24.7307, "activity_lines": [ 44.057172, 43.620373, 43.770114, 44.713221 ] }, { "date": "2026-07-24", "close": 43.450001, "volume": 221106, "typical_volume": 728085.9, "trend": 45.810594, "fair_value": 38.751313, "relative_strength": -33.37951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.481252, "energy": 19.65634, "activity_lines": [ 43.889823, 43.67365, 43.659059, 44.546496 ] }, { "date": "2026-07-31", "close": 43.0, "volume": 457100, "typical_volume": 692326.4, "trend": 45.56886, "fair_value": 38.815975, "relative_strength": -32.634698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.856605, "energy": 29.724596, "activity_lines": [ 43.559271, 43.615379, 43.531357, 44.365167 ] }, { "date": "2026-08-07", "close": 44.799999, "volume": 307000, "typical_volume": 683012.05, "trend": 45.421121, "fair_value": 38.89191, "relative_strength": -30.931336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.237204, "energy": 15.137882, "activity_lines": [ 43.873333, 43.855248, 43.598578, 44.315563 ] }, { "date": "2026-08-14", "close": 46.950001, "volume": 1216908, "typical_volume": 717352.3, "trend": 45.397589, "fair_value": 38.978973, "relative_strength": -29.33809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.53758, "energy": 19.566511, "activity_lines": [ 44.896667, 44.446923, 43.886811, 44.414201 ] } ], "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." } } }