{ "ticker": { "uuid": "3176127d-ae7d-45d5-8415-fbde23248808", "symbol": "1264", "name": "Tehmag Foods Corporation", "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": 51.375, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -12.839, "architecture_energy": 9.057, "architecture_maturity": 15.323, "architecture_confidence": 52.502, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 60.0, "rotation_up": 27.13, "upward_expansion": 25.17, "deceleration": 47.62, "rotation_down": 25.16, "downward_expansion": 49.5 }, "activity_lines": [ 257.466667, 256.794826, 256.748761, 258.210561 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 259.5, "trend_reference": 260.350275, "distance_from_trend": -0.003266, "trend_direction": "Weakening", "fair_value": 270.20466, "distance_from_fair_value": -0.039617, "fair_value_direction": "Improving", "relative_strength": -31.783969, "relative_strength_direction": "Improving", "price_momentum": -0.029415, "excess_performance": -0.470787, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.003266, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.017731, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.039617, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.00628, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.31784, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.064204, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.029415, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.754987, "read": "Demand-led" } ], "volume": { "latest": 81723, "relative_activity": 0.556665, "balance": 1.754987, "dry_up": 0.606075, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.016769, "annualized_volatility": 0.054476, "from_high_reference": -0.111083, "from_low_reference": 0.056444 }, "levels": { "trend_reference": 260.350275, "fair_value_reference": 270.20466, "structural_low": 245.635352, "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": 7, "median_return": -0.00626, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.024433, "regime_survival": 0.142857, "best_return": 0.058366, "worst_return": -0.050682, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.015974, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.069578, "regime_survival": 0.0, "best_return": 0.050584, "worst_return": -0.074074, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.001852, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.004314, "regime_survival": 0.333333, "best_return": 0.022364, "worst_return": -0.080801, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.019762, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.145532, "regime_survival": 0.0, "best_return": 0.099767, "worst_return": -0.060244, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": -0.044374, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": 0.024631, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": 0.019169, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-17", "end": "2025-02-14", "tenure": "New", "return": 0.050473, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.06577, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.032467, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.05184, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-07-11", "tenure": "Developing", "return": 0.004695, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.009662, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": -0.024233, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.008264, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.010033, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-08-07", "tenure": "Extended", "return": -0.065618, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-14", "end": "2026-08-14", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 247.26384, "volume": 71000, "typical_volume": 82400.0, "trend": 231.886948, "fair_value": 210.913832, "relative_strength": 1.828175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.456875, "energy": 71.863875, "activity_lines": [ 247.92551, 245.464129, 240.798936, 236.914929 ] }, { "date": "2023-08-18", "close": 247.26384, "volume": 56000, "typical_volume": 79550.0, "trend": 232.908585, "fair_value": 211.536929, "relative_strength": 3.095508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.035367, "energy": 58.805589, "activity_lines": [ 247.781668, 246.215601, 241.826077, 237.906987 ] }, { "date": "2023-08-25", "close": 245.969269, "volume": 27000, "typical_volume": 79300.0, "trend": 233.88707, "fair_value": 212.153943, "relative_strength": 1.877077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.93378, "energy": 49.668389, "activity_lines": [ 247.206304, 246.528374, 242.613562, 238.749611 ] }, { "date": "2023-09-01", "close": 245.53775, "volume": 27000, "typical_volume": 75800.0, "trend": 234.561247, "fair_value": 212.761542, "relative_strength": 0.653095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.842899, "energy": 39.090281, "activity_lines": [ 246.544636, 246.597965, 243.253694, 239.501268 ] }, { "date": "2023-09-08", "close": 249.421463, "volume": 36000, "typical_volume": 74150.0, "trend": 235.43391, "fair_value": 213.389603, "relative_strength": 2.65857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.82643, "energy": 41.452999, "activity_lines": [ 247.263843, 247.277049, 244.185144, 240.459992 ] }, { "date": "2023-09-15", "close": 245.53775, "volume": 56000, "typical_volume": 74150.0, "trend": 236.121893, "fair_value": 213.994985, "relative_strength": -0.929458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.3669, "energy": 32.066097, "activity_lines": [ 246.746015, 247.067695, 244.631911, 241.111853 ] }, { "date": "2023-09-22", "close": 246.832306, "volume": 33000, "typical_volume": 67900.0, "trend": 236.88064, "fair_value": 214.608666, "relative_strength": 3.124755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.644759, "energy": 30.987421, "activity_lines": [ 246.774779, 246.99708, 245.111575, 241.802847 ] }, { "date": "2023-09-29", "close": 248.558426, "volume": 6000, "typical_volume": 61150.0, "trend": 237.627894, "fair_value": 215.231195, "relative_strength": 3.826732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.075826, "energy": 38.449913, "activity_lines": [ 247.407685, 247.248151, 245.704435, 242.556252 ] }, { "date": "2023-10-06", "close": 247.695374, "volume": 29000, "typical_volume": 59000.0, "trend": 238.429215, "fair_value": 215.839327, "relative_strength": 2.533725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.124847, "energy": 36.177426, "activity_lines": [ 247.580297, 247.31092, 246.141877, 243.205767 ] }, { "date": "2023-10-13", "close": 252.873672, "volume": 75000, "typical_volume": 60200.0, "trend": 239.430759, "fair_value": 216.49395, "relative_strength": 3.114921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.636237, "energy": 58.608273, "activity_lines": [ 249.335166, 248.299505, 247.009296, 244.137668 ] }, { "date": "2023-10-20", "close": 256.325867, "volume": 85000, "typical_volume": 61050.0, "trend": 240.519763, "fair_value": 217.161838, "relative_strength": 6.739462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.857195, "energy": 81.72539, "activity_lines": [ 252.01062, 249.868687, 248.111724, 245.227675 ] }, { "date": "2023-10-27", "close": 250.284515, "volume": 33000, "typical_volume": 60600.0, "trend": 241.435001, "fair_value": 217.793216, "relative_strength": 6.245729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.50124, "energy": 66.765282, "activity_lines": [ 251.953082, 250.174676, 248.53252, 245.857659 ] }, { "date": "2023-11-03", "close": 248.989929, "volume": 33000, "typical_volume": 61050.0, "trend": 242.279474, "fair_value": 218.385265, "relative_strength": 3.401508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.18245, "energy": 61.039206, "activity_lines": [ 251.233868, 250.190365, 248.762387, 246.345073 ] }, { "date": "2023-11-10", "close": 249.421463, "volume": 24000, "typical_volume": 60600.0, "trend": 242.958856, "fair_value": 218.940184, "relative_strength": 2.579017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.547081, "energy": 42.734793, "activity_lines": [ 250.629732, 250.229594, 248.975826, 246.805847 ] }, { "date": "2023-11-17", "close": 250.716049, "volume": 120000, "typical_volume": 65400.0, "trend": 243.805642, "fair_value": 219.46129, "relative_strength": -0.036912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.035766, "energy": 27.600363, "activity_lines": [ 250.342052, 250.433589, 249.268755, 247.306311 ] }, { "date": "2023-11-24", "close": 252.442139, "volume": 52000, "typical_volume": 55300.0, "trend": 244.668548, "fair_value": 219.984595, "relative_strength": 0.151398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.900478, "energy": 30.937819, "activity_lines": [ 250.773577, 250.927881, 249.672162, 247.863504 ] }, { "date": "2023-12-01", "close": 251.579086, "volume": 52000, "typical_volume": 49450.0, "trend": 245.185149, "fair_value": 220.500152, "relative_strength": -1.13076, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.692448, "energy": 33.56649, "activity_lines": [ 251.176333, 251.139719, 249.935186, 248.309345 ] }, { "date": "2023-12-08", "close": 251.147552, "volume": 18000, "typical_volume": 46400.0, "trend": 245.784007, "fair_value": 221.024024, "relative_strength": -1.060972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.139874, "energy": 33.413226, "activity_lines": [ 251.348939, 251.186792, 250.136563, 248.694017 ] }, { "date": "2023-12-15", "close": 250.716049, "volume": 38000, "typical_volume": 46550.0, "trend": 246.327063, "fair_value": 221.542913, "relative_strength": -2.799244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.709593, "energy": 31.233429, "activity_lines": [ 251.233869, 251.108334, 250.276296, 249.012213 ] }, { "date": "2023-12-22", "close": 251.579086, "volume": 27000, "typical_volume": 44900.0, "trend": 246.940306, "fair_value": 222.062902, "relative_strength": -1.997919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.039815, "energy": 29.103125, "activity_lines": [ 251.320173, 251.131872, 250.479729, 249.351053 ] }, { "date": "2023-12-29", "close": 251.579086, "volume": 50000, "typical_volume": 43850.0, "trend": 247.525935, "fair_value": 222.554078, "relative_strength": -3.726659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.197533, "energy": 26.256027, "activity_lines": [ 251.348941, 251.178947, 250.676997, 249.650329 ] }, { "date": "2024-01-05", "close": 252.010635, "volume": 22000, "typical_volume": 42150.0, "trend": 248.056921, "fair_value": 223.054669, "relative_strength": -1.207609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.944279, "energy": 27.404308, "activity_lines": [ 251.579095, 251.39079, 250.894816, 249.939665 ] }, { "date": "2024-01-12", "close": 254.168259, "volume": 28000, "typical_volume": 42200.0, "trend": 248.632217, "fair_value": 223.600121, "relative_strength": -0.286637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.717143, "energy": 45.912984, "activity_lines": [ 252.499688, 251.963545, 251.29552, 250.333945 ] }, { "date": "2024-01-19", "close": 254.168259, "volume": 32401, "typical_volume": 42470.05, "trend": 249.097065, "fair_value": 224.145573, "relative_strength": -1.206944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.474111, "energy": 53.337687, "activity_lines": [ 253.2189, 252.442148, 251.65718, 250.691109 ] }, { "date": "2024-01-26", "close": 253.305176, "volume": 14000, "typical_volume": 41370.05, "trend": 249.560755, "fair_value": 224.683276, "relative_strength": -3.202807, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.61599, "energy": 57.489718, "activity_lines": [ 253.42027, 252.677522, 251.895545, 250.9626 ] }, { "date": "2024-02-02", "close": 254.168259, "volume": 19000, "typical_volume": 39520.05, "trend": 250.025603, "fair_value": 225.199915, "relative_strength": -3.175031, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.078262, "energy": 59.213856, "activity_lines": [ 253.794262, 253.022745, 252.197614, 251.259858 ] }, { "date": "2024-02-09", "close": 254.599762, "volume": 6000, "typical_volume": 38170.05, "trend": 250.270133, "fair_value": 225.741484, "relative_strength": -3.171907, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.509305, "energy": 55.519594, "activity_lines": [ 254.139477, 253.415039, 252.499681, 251.554965 ] }, { "date": "2024-02-16", "close": 259.346558, "volume": 52000, "typical_volume": 40470.05, "trend": 250.687275, "fair_value": 226.313481, "relative_strength": -4.001246, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.121366, "energy": 74.58754, "activity_lines": [ 255.894348, 254.615466, 253.216835, 252.140541 ] }, { "date": "2024-02-23", "close": 258.48349, "volume": 39000, "typical_volume": 40970.05, "trend": 251.075647, "fair_value": 226.848915, "relative_strength": -5.6528, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.290338, "energy": 79.864373, "activity_lines": [ 257.016311, 255.509898, 253.800421, 252.643523 ] }, { "date": "2024-03-01", "close": 251.147552, "volume": 32000, "typical_volume": 38820.05, "trend": 251.104415, "fair_value": 227.337325, "relative_strength": -8.407899, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.043053, "energy": 36.873648, "activity_lines": [ 255.405278, 254.929297, 253.633974, 252.648162 ] }, { "date": "2024-03-08", "close": 265.819427, "volume": 108000, "typical_volume": 39970.05, "trend": 251.722935, "fair_value": 227.919785, "relative_strength": -7.09928, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.054521, "energy": 67.868769, "activity_lines": [ 258.828713, 257.024156, 254.873069, 253.597517 ] }, { "date": "2024-03-15", "close": 265.819427, "volume": 29000, "typical_volume": 39770.05, "trend": 252.341454, "fair_value": 228.389207, "relative_strength": -6.500289, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.473207, "energy": 74.170315, "activity_lines": [ 261.475402, 258.860099, 256.066955, 254.506968 ] }, { "date": "2024-03-22", "close": 264.524841, "volume": 33000, "typical_volume": 39770.05, "trend": 252.959974, "fair_value": 228.852547, "relative_strength": -9.348895, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.656506, "energy": 67.399066, "activity_lines": [ 262.942586, 260.209595, 257.063572, 255.292993 ] }, { "date": "2024-03-29", "close": 263.230255, "volume": 32000, "typical_volume": 40170.05, "trend": 253.549724, "fair_value": 229.316454, "relative_strength": -9.95732, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.748937, "energy": 79.225326, "activity_lines": [ 263.633022, 261.135409, 257.86292, 255.955592 ] }, { "date": "2024-04-05", "close": 262.367218, "volume": 19000, "typical_volume": 35120.05, "trend": 253.981249, "fair_value": 229.779261, "relative_strength": -10.29659, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.816261, "energy": 68.399426, "activity_lines": [ 263.719328, 261.739544, 258.514317, 256.524463 ] }, { "date": "2024-04-12", "close": 263.230255, "volume": 49000, "typical_volume": 34970.05, "trend": 254.570999, "fair_value": 230.243169, "relative_strength": -11.533824, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.94645, "energy": 49.304845, "activity_lines": [ 263.345335, 262.335831, 259.192426, 257.121173 ] }, { "date": "2024-04-19", "close": 259.346558, "volume": 74000, "typical_volume": 36070.05, "trend": 254.988141, "fair_value": 230.65115, "relative_strength": -7.29657, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.369323, "energy": 30.920703, "activity_lines": [ 261.849388, 262.061227, 259.449288, 257.429273 ] }, { "date": "2024-04-26", "close": 258.915009, "volume": 46000, "typical_volume": 37470.05, "trend": 255.33336, "fair_value": 231.067447, "relative_strength": -9.977997, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.718938, "energy": 20.993298, "activity_lines": [ 260.641116, 261.621854, 259.628062, 257.68262 ] }, { "date": "2024-05-03", "close": 259.346558, "volume": 26000, "typical_volume": 36870.05, "trend": 255.721733, "fair_value": 231.393421, "relative_strength": -10.475319, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.81526, "energy": 19.377418, "activity_lines": [ 259.950682, 261.268792, 259.810947, 257.941536 ] }, { "date": "2024-05-10", "close": 262.367218, "volume": 40000, "typical_volume": 37520.05, "trend": 256.038185, "fair_value": 231.707728, "relative_strength": -10.802427, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.065319, "energy": 20.17576, "activity_lines": [ 260.526048, 261.449248, 260.240417, 258.370276 ] }, { "date": "2024-05-17", "close": 272.723816, "volume": 100000, "typical_volume": 40020.05, "trend": 256.584783, "fair_value": 232.103939, "relative_strength": -9.474715, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.500256, "energy": 45.397693, "activity_lines": [ 264.553613, 263.308728, 261.604858, 259.446769 ] }, { "date": "2024-05-24", "close": 269.703156, "volume": 30000, "typical_volume": 40420.05, "trend": 257.232071, "fair_value": 232.480786, "relative_strength": -11.556631, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.533606, "energy": 65.088599, "activity_lines": [ 266.941388, 264.493462, 262.580927, 260.293115 ] }, { "date": "2024-05-31", "close": 267.545502, "volume": 24000, "typical_volume": 40220.05, "trend": 257.85059, "fair_value": 232.830504, "relative_strength": -10.476615, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.505455, "energy": 69.877772, "activity_lines": [ 267.919505, 265.215283, 263.267256, 260.958498 ] }, { "date": "2024-06-07", "close": 269.703156, "volume": 38000, "typical_volume": 40500.0, "trend": 258.526646, "fair_value": 233.205135, "relative_strength": -12.383285, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.908272, "energy": 82.598644, "activity_lines": [ 269.041474, 266.274483, 264.095374, 261.72318 ] }, { "date": "2024-06-14", "close": 272.723816, "volume": 28000, "typical_volume": 41200.0, "trend": 259.260239, "fair_value": 233.612428, "relative_strength": -13.759938, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.990662, "energy": 84.333463, "activity_lines": [ 270.479889, 267.765205, 265.137198, 262.639126 ] }, { "date": "2024-06-21", "close": 274.018402, "volume": 46000, "typical_volume": 42550.0, "trend": 259.979447, "fair_value": 234.003638, "relative_strength": -15.889355, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.287845, "energy": 83.139116, "activity_lines": [ 271.659393, 269.303005, 266.209847, 263.591266 ] }, { "date": "2024-06-28", "close": 275.312988, "volume": 34000, "typical_volume": 43950.0, "trend": 260.770578, "fair_value": 234.427528, "relative_strength": -14.422282, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.320141, "energy": 86.121629, "activity_lines": [ 273.184121, 270.880036, 267.311265, 264.580527 ] }, { "date": "2024-07-05", "close": 273.155365, "volume": 48000, "typical_volume": 43750.0, "trend": 261.504171, "fair_value": 234.826505, "relative_strength": -16.659328, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.784054, "energy": 65.918714, "activity_lines": [ 273.615651, 271.774472, 268.108561, 265.379545 ] }, { "date": "2024-07-12", "close": 277.039063, "volume": 89000, "typical_volume": 46250.0, "trend": 262.381605, "fair_value": 235.261459, "relative_strength": -16.433399, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.931752, "energy": 63.205367, "activity_lines": [ 274.967757, 273.116121, 269.209976, 266.381796 ] }, { "date": "2024-07-19", "close": 277.981079, "volume": 86000, "typical_volume": 48950.0, "trend": 263.261672, "fair_value": 235.684721, "relative_strength": -12.022549, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.490686, "energy": 73.950537, "activity_lines": [ 276.144808, 274.307363, 270.312748, 267.388214 ] }, { "date": "2024-07-26", "close": 276.627258, "volume": 15000, "typical_volume": 44300.0, "trend": 264.096611, "fair_value": 236.092655, "relative_strength": -9.259059, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.293617, "energy": 60.947634, "activity_lines": [ 276.520101, 274.968567, 271.158805, 268.25051 ] }, { "date": "2024-08-02", "close": 280.688721, "volume": 51000, "typical_volume": 45400.0, "trend": 265.052547, "fair_value": 236.406937, "relative_strength": -5.631045, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.567097, "energy": 64.625862, "activity_lines": [ 278.075291, 276.297247, 272.340203, 269.320968 ] }, { "date": "2024-08-09", "close": 283.396332, "volume": 58000, "typical_volume": 46650.0, "trend": 266.026816, "fair_value": 236.709762, "relative_strength": -3.742186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.073909, "energy": 63.973749, "activity_lines": [ 280.174636, 277.918483, 273.708662, 270.504438 ] }, { "date": "2024-08-16", "close": 286.555176, "volume": 61000, "typical_volume": 48100.0, "trend": 267.10638, "fair_value": 237.032836, "relative_strength": -6.20415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.342776, "energy": 78.394365, "activity_lines": [ 282.644198, 279.825857, 275.288099, 271.828849 ] }, { "date": "2024-08-23", "close": 287.006439, "volume": 65000, "typical_volume": 50400.0, "trend": 268.229755, "fair_value": 237.29489, "relative_strength": -4.981979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.726139, "energy": 82.98272, "activity_lines": [ 284.629773, 281.508879, 276.799442, 273.112724 ] }, { "date": "2024-08-30", "close": 288.360229, "volume": 22000, "typical_volume": 49050.0, "trend": 269.369488, "fair_value": 237.601134, "relative_strength": -4.763432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.967888, "energy": 87.315291, "activity_lines": [ 286.464921, 283.17836, 278.322388, 274.411464 ] }, { "date": "2024-09-06", "close": 286.555176, "volume": 42000, "typical_volume": 47450.0, "trend": 270.434668, "fair_value": 237.850149, "relative_strength": -1.448192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.015613, "energy": 80.78794, "activity_lines": [ 286.916186, 284.258889, 279.553758, 275.520218 ] }, { "date": "2024-09-13", "close": 285.652649, "volume": 43000, "typical_volume": 47300.0, "trend": 271.311538, "fair_value": 238.128891, "relative_strength": -3.033323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.609522, "energy": 61.302683, "activity_lines": [ 286.675513, 284.97092, 280.569608, 276.502023 ] }, { "date": "2024-09-20", "close": 284.298828, "volume": 27000, "typical_volume": 47350.0, "trend": 272.172049, "fair_value": 238.411636, "relative_strength": -4.927081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.169416, "energy": 53.712278, "activity_lines": [ 285.833144, 285.209577, 281.329201, 277.339913 ] }, { "date": "2024-09-27", "close": 284.298828, "volume": 35000, "typical_volume": 47100.0, "trend": 273.277091, "fair_value": 238.684236, "relative_strength": -7.328349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.475823, "energy": 41.016793, "activity_lines": [ 285.141199, 285.316239, 281.969973, 278.122286 ] }, { "date": "2024-10-04", "close": 284.750122, "volume": 19000, "typical_volume": 43050.0, "trend": 273.908115, "fair_value": 238.947045, "relative_strength": -4.713392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.588427, "energy": 34.873914, "activity_lines": [ 284.780192, 285.390086, 282.54929, 278.862481 ] }, { "date": "2024-10-11", "close": 284.750122, "volume": 8000, "typical_volume": 41950.0, "trend": 274.539138, "fair_value": 239.252977, "relative_strength": -6.853217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.842572, "energy": 31.567837, "activity_lines": [ 284.659859, 285.316244, 283.071338, 279.561966 ] }, { "date": "2024-10-18", "close": 283.396332, "volume": 27000, "typical_volume": 42100.0, "trend": 275.168188, "fair_value": 239.555302, "relative_strength": -9.146148, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.126769, "energy": 28.714881, "activity_lines": [ 284.2086, 284.922415, 283.392802, 280.133397 ] }, { "date": "2024-10-25", "close": 277.078552, "volume": 55000, "typical_volume": 42950.0, "trend": 275.629797, "fair_value": 239.81713, "relative_strength": -10.169268, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.569056, "energy": 13.688575, "activity_lines": [ 281.801835, 283.379899, 283.037092, 280.256647 ] }, { "date": "2024-11-01", "close": 274.370941, "volume": 58000, "typical_volume": 44450.0, "trend": 276.029922, "fair_value": 240.071747, "relative_strength": -8.422568, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.24398, "energy": 24.945043, "activity_lines": [ 278.973885, 281.517393, 282.388394, 280.17543 ] }, { "date": "2024-11-08", "close": 273.468414, "volume": 173000, "typical_volume": 50800.0, "trend": 276.371194, "fair_value": 240.307896, "relative_strength": -11.289167, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.919675, "energy": 35.439094, "activity_lines": [ 276.506952, 279.720527, 281.645897, 280.010172 ] }, { "date": "2024-11-15", "close": 272.114594, "volume": 115000, "typical_volume": 54850.0, "trend": 276.796795, "fair_value": 240.550585, "relative_strength": -8.228982, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.578749, "energy": 58.954468, "activity_lines": [ 274.340859, 277.948272, 280.777084, 279.735552 ] }, { "date": "2024-11-22", "close": 274.822205, "volume": 50012, "typical_volume": 54950.6, "trend": 277.327035, "fair_value": 240.785266, "relative_strength": -7.614729, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.325749, "energy": 60.880733, "activity_lines": [ 273.919672, 276.930866, 280.181369, 279.608159 ] }, { "date": "2024-11-29", "close": 273.919678, "volume": 28000, "typical_volume": 51900.6, "trend": 277.812805, "fair_value": 241.0446, "relative_strength": -4.964736, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.510108, "energy": 55.532881, "activity_lines": [ 273.769251, 275.946281, 279.491762, 279.38833 ] }, { "date": "2024-12-06", "close": 274.370941, "volume": 44000, "typical_volume": 49800.6, "trend": 278.212929, "fair_value": 241.3119, "relative_strength": -8.271712, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.600784, "energy": 39.875664, "activity_lines": [ 273.979842, 275.232456, 278.859987, 279.166274 ] }, { "date": "2024-12-13", "close": 275.724762, "volume": 34000, "typical_volume": 50750.6, "trend": 278.312961, "fair_value": 241.600561, "relative_strength": -6.820363, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.57737, "energy": 27.764663, "activity_lines": [ 274.641707, 274.945287, 278.374338, 279.005747 ] }, { "date": "2024-12-20", "close": 281.591217, "volume": 85000, "typical_volume": 52450.6, "trend": 278.70923, "fair_value": 241.914145, "relative_strength": -2.419867, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.652888, "energy": 7.502632, "activity_lines": [ 277.108634, 275.888844, 278.451696, 279.217248 ] }, { "date": "2024-12-27", "close": 282.493774, "volume": 38000, "typical_volume": 51450.6, "trend": 279.207505, "fair_value": 242.228441, "relative_strength": -5.056642, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.305388, "energy": 18.836601, "activity_lines": [ 279.244639, 277.053937, 278.610715, 279.461412 ] }, { "date": "2025-01-03", "close": 280.237427, "volume": 20000, "typical_volume": 49400.6, "trend": 279.558648, "fair_value": 242.540956, "relative_strength": -3.993747, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.190347, "energy": 16.696568, "activity_lines": [ 280.11709, 277.825195, 278.559141, 279.527858 ] }, { "date": "2025-01-10", "close": 287.908997, "volume": 59000, "typical_volume": 49100.6, "trend": 280.06482, "fair_value": 242.900111, "relative_strength": -1.511855, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.487607, "energy": 39.665629, "activity_lines": [ 283.125547, 279.93385, 279.268278, 280.066591 ] }, { "date": "2025-01-17", "close": 286.103912, "volume": 51000, "typical_volume": 50550.6, "trend": 280.467671, "fair_value": 243.242622, "relative_strength": -2.407581, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.613833, "energy": 42.326926, "activity_lines": [ 284.629773, 281.468161, 279.801204, 280.456209 ] }, { "date": "2025-01-24", "close": 287.006439, "volume": 17000, "typical_volume": 49300.6, "trend": 280.857452, "fair_value": 243.593455, "relative_strength": -3.394696, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.884378, "energy": 58.622501, "activity_lines": [ 285.742897, 282.936831, 280.430829, 280.878065 ] }, { "date": "2025-02-07", "close": 287.006439, "volume": 28513, "typical_volume": 48576.25, "trend": 281.319155, "fair_value": 243.964581, "relative_strength": -2.927366, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.681613, "energy": 56.81906, "activity_lines": [ 286.495007, 284.134741, 281.058306, 281.274774 ] }, { "date": "2025-02-14", "close": 300.544495, "volume": 110040, "typical_volume": 52728.25, "trend": 282.102669, "fair_value": 244.419952, "relative_strength": 3.252952, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.061325, "energy": 89.156194, "activity_lines": [ 291.458958, 287.572584, 282.968674, 282.515119 ] }, { "date": "2025-02-21", "close": 301.898315, "volume": 40042, "typical_volume": 52980.35, "trend": 282.89991, "fair_value": 244.884002, "relative_strength": 1.381911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.180961, "energy": 94.389053, "activity_lines": [ 295.520377, 290.772489, 284.930618, 283.792257 ] }, { "date": "2025-02-28", "close": 303.703369, "volume": 13314, "typical_volume": 52696.05, "trend": 283.802448, "fair_value": 245.33933, "relative_strength": 5.065601, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.583114, "energy": 94.84415, "activity_lines": [ 299.25086, 293.800087, 286.980664, 285.134416 ] }, { "date": "2025-03-07", "close": 300.995758, "volume": 33587, "typical_volume": 53975.4, "trend": 284.479349, "fair_value": 245.795057, "relative_strength": 6.318176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.905878, "energy": 88.739267, "activity_lines": [ 300.905509, 295.826691, 288.682589, 286.243662 ] }, { "date": "2025-03-14", "close": 290.616577, "volume": 126463, "typical_volume": 58948.55, "trend": 284.720024, "fair_value": 246.189325, "relative_strength": 5.526529, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.983812, "energy": 64.148179, "activity_lines": [ 298.16781, 295.61336, 289.31866, 286.639612 ] }, { "date": "2025-03-21", "close": 286.103912, "volume": 64839, "typical_volume": 59440.5, "trend": 284.704981, "fair_value": 246.582567, "relative_strength": 2.858679, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.260542, "energy": 36.729999, "activity_lines": [ 293.685213, 294.431859, 289.490572, 286.728895 ] }, { "date": "2025-03-28", "close": 282.042511, "volume": 88760, "typical_volume": 60978.5, "trend": 284.539517, "fair_value": 246.949774, "relative_strength": 4.247316, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.319626, "energy": 22.80786, "activity_lines": [ 288.811521, 292.405257, 289.232705, 286.557123 ] }, { "date": "2025-04-04", "close": 277.981079, "volume": 53613, "typical_volume": 55009.15, "trend": 284.193546, "fair_value": 247.301093, "relative_strength": 4.202918, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.344362, "energy": 35.830862, "activity_lines": [ 283.907739, 289.746876, 288.551505, 286.133998 ] }, { "date": "2025-04-11", "close": 268.95575, "volume": 435126, "typical_volume": 71015.45, "trend": 283.606898, "fair_value": 247.59963, "relative_strength": 9.807772, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.603657, "energy": 45.43609, "activity_lines": [ 277.710333, 285.595214, 286.98926, 285.150914 ] }, { "date": "2025-04-18", "close": 269.858246, "volume": 54520, "typical_volume": 71240.85, "trend": 283.080418, "fair_value": 247.909026, "relative_strength": 10.728877, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.00102, "energy": 57.235662, "activity_lines": [ 273.94976, 281.935837, 285.528009, 284.263904 ] }, { "date": "2025-04-25", "close": 269.407013, "volume": 32743, "typical_volume": 71478.0, "trend": 282.584024, "fair_value": 248.212992, "relative_strength": 7.841043, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.702167, "energy": 65.423578, "activity_lines": [ 271.422665, 278.506203, 284.047422, 283.381749 ] }, { "date": "2025-05-02", "close": 277.078552, "volume": 62390, "typical_volume": 72397.5, "trend": 282.343348, "fair_value": 248.594037, "relative_strength": 5.955719, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.038765, "energy": 51.972659, "activity_lines": [ 272.565875, 277.03753, 283.318946, 283.026557 ] }, { "date": "2025-05-09", "close": 280.237427, "volume": 56619, "typical_volume": 73528.45, "trend": 282.192925, "fair_value": 248.992795, "relative_strength": 6.406459, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.086926, "energy": 31.274711, "activity_lines": [ 275.092975, 276.594466, 282.878422, 282.890692 ] }, { "date": "2025-05-16", "close": 283.847565, "volume": 41244, "typical_volume": 71340.65, "trend": 282.16284, "fair_value": 249.422304, "relative_strength": 3.144033, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.696795, "energy": 13.035283, "activity_lines": [ 278.673031, 277.234445, 282.760232, 282.997443 ] }, { "date": "2025-05-23", "close": 288.360229, "volume": 53766, "typical_volume": 72128.95, "trend": 282.328303, "fair_value": 249.89596, "relative_strength": 5.631513, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.186686, "energy": 17.300141, "activity_lines": [ 282.76452, 279.006693, 283.061075, 283.397274 ] }, { "date": "2025-05-30", "close": 291.067841, "volume": 55251, "typical_volume": 73891.5, "trend": 282.794613, "fair_value": 250.397118, "relative_strength": 7.960598, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.947502, "energy": 26.300122, "activity_lines": [ 286.525081, 281.312259, 283.591851, 283.961115 ] }, { "date": "2025-06-06", "close": 289.262787, "volume": 20344, "typical_volume": 71958.7, "trend": 283.291007, "fair_value": 250.886706, "relative_strength": 5.623314, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.554344, "energy": 26.909351, "activity_lines": [ 288.239903, 283.19938, 283.899142, 284.378417 ] }, { "date": "2025-06-13", "close": 288.811523, "volume": 29194, "typical_volume": 70868.4, "trend": 283.802444, "fair_value": 251.38101, "relative_strength": 3.371477, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.125855, "energy": 36.878571, "activity_lines": [ 288.992021, 284.873176, 284.15701, 284.734579 ] }, { "date": "2025-06-20", "close": 286.555176, "volume": 15688, "typical_volume": 70802.8, "trend": 284.283797, "fair_value": 251.853241, "relative_strength": 2.553405, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.973889, "energy": 27.75828, "activity_lines": [ 288.420416, 285.939809, 284.187095, 284.912175 ] }, { "date": "2025-06-27", "close": 288.811523, "volume": 47337, "typical_volume": 71744.0, "trend": 284.750108, "fair_value": 252.357692, "relative_strength": 0.761081, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.643024, "energy": 21.840434, "activity_lines": [ 288.42042, 287.096697, 284.434218, 285.204286 ] }, { "date": "2025-07-04", "close": 288.811523, "volume": 38146, "typical_volume": 68149.3, "trend": 285.246503, "fair_value": 252.859606, "relative_strength": 0.776041, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.072115, "energy": 19.130975, "activity_lines": [ 288.390338, 287.908981, 284.672746, 285.466313 ] }, { "date": "2025-07-11", "close": 289.71405, "volume": 42191, "typical_volume": 68256.75, "trend": 285.75794, "fair_value": 253.370671, "relative_strength": 0.014346, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.039388, "energy": 22.922978, "activity_lines": [ 288.811519, 288.532551, 285.053099, 285.754542 ] }, { "date": "2025-07-18", "close": 293.345306, "volume": 91304, "typical_volume": 72156.25, "trend": 286.345291, "fair_value": 253.894393, "relative_strength": -1.612518, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.566577, "energy": 38.383038, "activity_lines": [ 290.413035, 289.586613, 285.837308, 286.244049 ] }, { "date": "2025-07-25", "close": 291.928192, "volume": 28015, "typical_volume": 71877.65, "trend": 286.689857, "fair_value": 254.393102, "relative_strength": -2.059368, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.274674, "energy": 39.901452, "activity_lines": [ 291.239927, 290.144693, 286.535877, 286.604236 ] }, { "date": "2025-08-01", "close": 290.511046, "volume": 30227, "typical_volume": 67065.85, "trend": 286.957099, "fair_value": 254.882726, "relative_strength": -2.80992, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.533807, "energy": 43.226617, "activity_lines": [ 291.236236, 290.29819, 287.142658, 286.850765 ] }, { "date": "2025-08-08", "close": 292.400543, "volume": 37183, "typical_volume": 65683.05, "trend": 287.362536, "fair_value": 255.389772, "relative_strength": -4.452591, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 35.029675, "energy": 42.2337, "activity_lines": [ 291.749076, 290.756125, 287.929894, 287.201955 ] }, { "date": "2025-08-15", "close": 289.093933, "volume": 52415, "typical_volume": 63865.8, "trend": 287.402034, "fair_value": 255.880933, "relative_strength": -6.562805, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 26.484006, "energy": 22.629335, "activity_lines": [ 290.920444, 290.588628, 288.372232, 287.313658 ] }, { "date": "2025-08-22", "close": 285.314911, "volume": 45231, "typical_volume": 63446.7, "trend": 287.375734, "fair_value": 256.302734, "relative_strength": -5.455697, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -1.442523, "energy": 5.880978, "activity_lines": [ 288.87348, 289.737106, 288.421083, 287.179004 ] }, { "date": "2025-08-29", "close": 285.787292, "volume": 22302, "typical_volume": 42805.5, "trend": 287.335096, "fair_value": 256.701013, "relative_strength": -6.967177, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.408817, "energy": 11.909292, "activity_lines": [ 287.519336, 289.035047, 288.480001, 287.076524 ] }, { "date": "2025-09-05", "close": 289.093933, "volume": 11073, "typical_volume": 40633.15, "trend": 287.404679, "fair_value": 257.144383, "relative_strength": -6.733074, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.83019, "energy": 12.357037, "activity_lines": [ 287.676798, 288.948156, 288.773687, 287.189998 ] }, { "date": "2025-09-12", "close": 283.425415, "volume": 68347, "typical_volume": 42413.35, "trend": 286.834043, "fair_value": 257.554072, "relative_strength": -11.778979, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.2741, "energy": 23.927116, "activity_lines": [ 286.039229, 287.825491, 288.435915, 286.933271 ] }, { "date": "2025-09-19", "close": 283.425415, "volume": 32589, "typical_volume": 40923.3, "trend": 286.21828, "fair_value": 257.963761, "relative_strength": -11.86163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.183024, "energy": 30.156104, "activity_lines": [ 285.000002, 286.800755, 288.031389, 286.713359 ] }, { "date": "2025-09-26", "close": 282.480652, "volume": 46630, "typical_volume": 40423.85, "trend": 285.510856, "fair_value": 258.351463, "relative_strength": -11.921389, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.360196, "energy": 44.487552, "activity_lines": [ 284.023755, 285.718583, 287.506662, 286.472222 ] }, { "date": "2025-10-03", "close": 280.591156, "volume": 39409, "typical_volume": 40332.1, "trend": 284.830703, "fair_value": 258.748294, "relative_strength": -16.117022, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.685248, "energy": 55.55857, "activity_lines": [ 282.606626, 284.490405, 286.791302, 286.154822 ] }, { "date": "2025-10-10", "close": 278.70166, "volume": 30204, "typical_volume": 39154.0, "trend": 284.433539, "fair_value": 259.172837, "relative_strength": -18.009598, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.019795, "energy": 60.770729, "activity_lines": [ 280.906075, 283.124811, 285.911496, 285.7594 ] }, { "date": "2025-10-17", "close": 276.812164, "volume": 49730, "typical_volume": 38877.95, "trend": 284.123814, "fair_value": 259.577303, "relative_strength": -18.277128, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.082902, "energy": 71.008079, "activity_lines": [ 279.26851, 281.630388, 284.897731, 285.267698 ] }, { "date": "2025-10-24", "close": 280.591156, "volume": 38286, "typical_volume": 39775.05, "trend": 284.075435, "fair_value": 260.037853, "relative_strength": -17.613756, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.919269, "energy": 59.395248, "activity_lines": [ 279.331492, 281.106479, 284.311754, 285.039785 ] }, { "date": "2025-10-31", "close": 277.284515, "volume": 35576, "typical_volume": 40094.15, "trend": 284.052216, "fair_value": 260.514376, "relative_strength": -20.353018, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.71068, "energy": 57.825145, "activity_lines": [ 278.481211, 280.135959, 283.452153, 284.601661 ] }, { "date": "2025-11-07", "close": 279.646423, "volume": 71160, "typical_volume": 42867.75, "trend": 284.408572, "fair_value": 261.014005, "relative_strength": -17.736346, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.876743, "energy": 53.174398, "activity_lines": [ 278.764642, 279.740884, 282.872386, 284.317416 ] }, { "date": "2025-11-14", "close": 273.977905, "volume": 64848, "typical_volume": 43743.3, "trend": 284.545894, "fair_value": 261.469332, "relative_strength": -18.451513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.081548, "energy": 58.482352, "activity_lines": [ 277.221549, 278.426821, 281.785659, 283.64447 ] }, { "date": "2025-11-21", "close": 273.033142, "volume": 32415, "typical_volume": 43456.75, "trend": 284.666765, "fair_value": 261.907983, "relative_strength": -15.556878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.535109, "energy": 71.6491, "activity_lines": [ 275.678452, 277.215821, 280.679591, 282.901712 ] }, { "date": "2025-11-28", "close": 273.977905, "volume": 38101, "typical_volume": 43252.25, "trend": 284.56341, "fair_value": 262.33676, "relative_strength": -18.653133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.013303, "energy": 69.827456, "activity_lines": [ 274.702211, 276.365545, 279.738635, 282.212108 ] }, { "date": "2025-12-05", "close": 272.56076, "volume": 34349, "typical_volume": 40404.5, "trend": 284.307521, "fair_value": 262.772383, "relative_strength": -19.774559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.055082, "energy": 78.136369, "activity_lines": [ 273.694472, 275.42938, 278.737647, 281.437744 ] }, { "date": "2025-12-12", "close": 266.419891, "volume": 197726, "typical_volume": 48890.05, "trend": 283.726599, "fair_value": 263.144747, "relative_strength": -21.891263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.197829, "energy": 88.652293, "activity_lines": [ 270.954693, 273.557055, 277.250788, 280.283703 ] }, { "date": "2025-12-19", "close": 266.892273, "volume": 50541, "typical_volume": 49905.75, "trend": 283.011, "fair_value": 263.480314, "relative_strength": -20.037861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.741092, "energy": 88.270575, "activity_lines": [ 269.254144, 272.028277, 275.930387, 279.197617 ] }, { "date": "2025-12-26", "close": 267.364655, "volume": 26776, "typical_volume": 49385.4, "trend": 282.220894, "fair_value": 263.834838, "relative_strength": -21.915744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.921562, "energy": 85.265842, "activity_lines": [ 268.183431, 270.800103, 274.767444, 278.188176 ] }, { "date": "2026-01-02", "close": 265.475128, "volume": 73859, "typical_volume": 50457.6, "trend": 281.427972, "fair_value": 264.182561, "relative_strength": -24.188608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.394595, "energy": 86.614308, "activity_lines": [ 266.860775, 269.400151, 273.543765, 277.107804 ] }, { "date": "2026-01-09", "close": 264.058014, "volume": 95631, "typical_volume": 52977.6, "trend": 280.602855, "fair_value": 264.510579, "relative_strength": -26.515045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.744829, "energy": 77.704466, "activity_lines": [ 265.632599, 268.017379, 272.297593, 275.987161 ] }, { "date": "2026-01-16", "close": 265.475128, "volume": 65439, "typical_volume": 55134.45, "trend": 279.900187, "fair_value": 264.847682, "relative_strength": -28.282638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.403965, "energy": 64.20497, "activity_lines": [ 265.443644, 267.132746, 271.287608, 275.011179 ] }, { "date": "2026-01-23", "close": 263.585632, "volume": 56567, "typical_volume": 57409.15, "trend": 279.059324, "fair_value": 265.148778, "relative_strength": -29.551916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.206486, "energy": 67.95277, "activity_lines": [ 264.687842, 266.162229, 270.194395, 273.958627 ] }, { "date": "2026-01-30", "close": 263.585632, "volume": 86295, "typical_volume": 58306.55, "trend": 278.218461, "fair_value": 265.449873, "relative_strength": -29.314494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.101973, "energy": 65.621384, "activity_lines": [ 264.152482, 265.380661, 269.222651, 272.960324 ] }, { "date": "2026-02-06", "close": 267.364655, "volume": 86375, "typical_volume": 60995.85, "trend": 277.473481, "fair_value": 265.719439, "relative_strength": -27.208708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.082422, "energy": 53.279318, "activity_lines": [ 265.128731, 265.457962, 268.705288, 272.260079 ] }, { "date": "2026-02-13", "close": 268.781769, "volume": 64340, "typical_volume": 61881.35, "trend": 276.654697, "fair_value": 266.011363, "relative_strength": -30.213398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.414541, "energy": 41.272285, "activity_lines": [ 266.451384, 265.91316, 268.399369, 271.699323 ] }, { "date": "2026-02-27", "close": 266.892273, "volume": 74219, "typical_volume": 63621.85, "trend": 275.820166, "fair_value": 266.280555, "relative_strength": -33.666032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.641101, "energy": 33.214767, "activity_lines": [ 266.829287, 266.093523, 267.97873, 271.069489 ] }, { "date": "2026-03-06", "close": 265.475128, "volume": 126442, "typical_volume": 68433.75, "trend": 274.985635, "fair_value": 266.545974, "relative_strength": -29.827799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.562489, "energy": 28.58132, "activity_lines": [ 266.640332, 266.007634, 267.488359, 270.402067 ] }, { "date": "2026-03-13", "close": 267.364655, "volume": 131513, "typical_volume": 72522.9, "trend": 274.151106, "fair_value": 266.810229, "relative_strength": -28.253981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.323414, "energy": 23.268893, "activity_lines": [ 266.955253, 266.291062, 267.240925, 269.910391 ] }, { "date": "2026-03-20", "close": 264.530396, "volume": 162332, "typical_volume": 78725.2, "trend": 273.332321, "fair_value": 267.072246, "relative_strength": -28.661366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.501678, "energy": 32.811338, "activity_lines": [ 266.073487, 266.05917, 266.76855, 269.2897 ] }, { "date": "2026-03-27", "close": 264.058014, "volume": 96354, "typical_volume": 81764.1, "trend": 272.623758, "fair_value": 267.336545, "relative_strength": -27.240036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.385879, "energy": 38.37818, "activity_lines": [ 265.22321, 265.758568, 266.327666, 268.691358 ] }, { "date": "2026-04-03", "close": 264.058014, "volume": 56132, "typical_volume": 81012.7, "trend": 271.899449, "fair_value": 267.595534, "relative_strength": -25.385511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.438339, "energy": 37.746335, "activity_lines": [ 264.68785, 265.457965, 265.949766, 268.138729 ] }, { "date": "2026-04-10", "close": 263.113251, "volume": 87540, "typical_volume": 82147.3, "trend": 271.033426, "fair_value": 267.853777, "relative_strength": -30.938054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.84197, "energy": 42.133904, "activity_lines": [ 264.02652, 265.011353, 265.556118, 267.571878 ] }, { "date": "2026-04-17", "close": 262.640869, "volume": 269263, "typical_volume": 93989.7, "trend": 270.340608, "fair_value": 268.103682, "relative_strength": -32.862593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.735913, "energy": 42.307905, "activity_lines": [ 263.365188, 264.487442, 265.169219, 267.030423 ] }, { "date": "2026-04-24", "close": 260.278992, "volume": 198793, "typical_volume": 102024.3, "trend": 269.56906, "fair_value": 268.303931, "relative_strength": -36.269639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.399772, "energy": 49.400462, "activity_lines": [ 262.231482, 263.551277, 264.606865, 266.381286 ] }, { "date": "2026-05-01", "close": 258.389496, "volume": 78649, "typical_volume": 104239.3, "trend": 268.766022, "fair_value": 268.515964, "relative_strength": -35.91002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.939448, "energy": 59.566977, "activity_lines": [ 260.751371, 262.400397, 263.929793, 265.660024 ] }, { "date": "2026-05-08", "close": 256.5, "volume": 181027, "typical_volume": 103404.35, "trend": 267.962983, "fair_value": 268.707919, "relative_strength": -39.670398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.740619, "energy": 69.094182, "activity_lines": [ 259.01933, 261.094923, 263.140251, 264.868668 ] }, { "date": "2026-05-15", "close": 256.5, "volume": 219268, "typical_volume": 111840.7, "trend": 267.222928, "fair_value": 268.83881, "relative_strength": -38.204347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.050841, "energy": 76.548657, "activity_lines": [ 257.791156, 259.978399, 262.397946, 264.12912 ] }, { "date": "2026-05-22", "close": 257.917114, "volume": 111930, "typical_volume": 116098.4, "trend": 266.593093, "fair_value": 268.997369, "relative_strength": -38.667175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.405945, "energy": 71.931114, "activity_lines": [ 257.476237, 259.282716, 261.840092, 263.528745 ] }, { "date": "2026-05-29", "close": 255.555252, "volume": 125626, "typical_volume": 118686.75, "trend": 265.758563, "fair_value": 269.132824, "relative_strength": -41.720877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.953778, "energy": 72.481402, "activity_lines": [ 256.688947, 258.329377, 261.102286, 262.816626 ] }, { "date": "2026-06-05", "close": 256.027618, "volume": 363455, "typical_volume": 132077.95, "trend": 265.049999, "fair_value": 269.279271, "relative_strength": -41.132402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.323084, "energy": 53.842555, "activity_lines": [ 256.374029, 257.625108, 260.456706, 262.188824 ] }, { "date": "2026-06-12", "close": 255.08287, "volume": 130355, "typical_volume": 135323.75, "trend": 264.231214, "fair_value": 269.414352, "relative_strength": -39.234194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.391933, "energy": 49.845776, "activity_lines": [ 255.901654, 256.895073, 259.759389, 261.545783 ] }, { "date": "2026-06-19", "close": 256.5, "volume": 67374, "typical_volume": 135864.1, "trend": 263.648618, "fair_value": 269.545243, "relative_strength": -41.013306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.878337, "energy": 45.99829, "activity_lines": [ 255.99613, 256.585883, 259.246524, 261.046995 ] }, { "date": "2026-06-26", "close": 252.248611, "volume": 141818, "typical_volume": 138640.25, "trend": 262.9558, "fair_value": 269.643571, "relative_strength": -38.600792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.495144, "energy": 52.621433, "activity_lines": [ 254.673477, 255.623954, 258.362506, 260.311511 ] }, { "date": "2026-07-03", "close": 256.027618, "volume": 111180, "typical_volume": 139880.5, "trend": 262.357457, "fair_value": 269.744884, "relative_strength": -39.70293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.829748, "energy": 43.826769, "activity_lines": [ 254.988393, 255.538067, 257.89238, 259.864531 ] }, { "date": "2026-07-10", "close": 255.555252, "volume": 159059, "typical_volume": 144616.45, "trend": 261.790607, "fair_value": 269.848479, "relative_strength": -36.963665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.269952, "energy": 38.584159, "activity_lines": [ 255.114362, 255.443593, 257.431251, 259.425679 ] }, { "date": "2026-07-17", "close": 258.0, "volume": 278789, "typical_volume": 154844.95, "trend": 261.509944, "fair_value": 269.962435, "relative_strength": -31.371277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.055218, "energy": 28.068744, "activity_lines": [ 256.086739, 255.845151, 257.26594, 259.181124 ] }, { "date": "2026-07-24", "close": 258.0, "volume": 89255, "typical_volume": 152985.6, "trend": 261.213535, "fair_value": 270.031257, "relative_strength": -31.931663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.027141, "energy": 17.804174, "activity_lines": [ 256.86464, 256.219436, 257.142973, 258.954676 ] }, { "date": "2026-07-31", "close": 255.5, "volume": 80618, "typical_volume": 150440.85, "trend": 260.818046, "fair_value": 270.086819, "relative_strength": -30.747096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.459197, "energy": 18.719345, "activity_lines": [ 256.709208, 256.111902, 256.817506, 258.586061 ] }, { "date": "2026-08-07", "close": 256.0, "volume": 104311, "typical_volume": 147539.8, "trend": 260.502208, "fair_value": 270.145586, "relative_strength": -31.327094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.087531, "energy": 17.019172, "activity_lines": [ 256.503683, 256.139226, 256.596156, 258.275219 ] }, { "date": "2026-08-14", "close": 259.5, "volume": 81723, "typical_volume": 146808.25, "trend": 260.350275, "fair_value": 270.20466, "relative_strength": -31.783969, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.838709, "energy": 9.057097, "activity_lines": [ 257.466667, 256.794826, 256.748761, 258.210561 ] } ], "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." } } }