{ "ticker": { "uuid": "335aa84e-9c5a-401e-8057-d815057f623c", "symbol": "00910", "name": "FSITC Aerospace and Satellite ETF", "exchange": "TAI", "country": "TW", "assetType": "etf" }, "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": "2026-08-07", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.21, "architecture_energy": 45.794, "architecture_maturity": 7.866, "architecture_confidence": 82.42, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 38.57, "rotation_up": 15.07, "upward_expansion": 22.59, "deceleration": 53.61, "rotation_down": 68.38, "downward_expansion": 52.25 }, "activity_lines": [ 57.496667, 59.639091, 64.739286, 64.298387 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 61.049999, "trend_reference": 62.508333, "distance_from_trend": -0.02333, "trend_direction": "Improving", "fair_value": 32.167949, "distance_from_fair_value": 0.897852, "fair_value_direction": "Weakening", "relative_strength": -12.113277, "relative_strength_direction": "Weakening", "price_momentum": 0.056228, "excess_performance": -0.323083, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.02333, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.134631, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.897852, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.505405, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.121133, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.175901, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.056228, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.382339, "read": "Supply-led" } ], "volume": { "latest": 4527707, "relative_activity": 0.423888, "balance": 0.382339, "dry_up": 0.479664, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.117306, "annualized_volatility": 0.604814, "from_high_reference": -0.30625, "from_low_reference": 0.826751 }, "levels": { "trend_reference": 62.508333, "fair_value_reference": 32.167949, "structural_low": 51.25, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.065264, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.011405, "regime_survival": 0.5, "best_return": 0.078938, "worst_return": 0.05159, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.323119, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.147418, "regime_survival": 0.0, "best_return": 0.323119, "worst_return": 0.323119, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.601629, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.2162, "regime_survival": 0.0, "best_return": 0.601629, "worst_return": 0.601629, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 1.496121, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.537325, "regime_survival": 0.0, "best_return": 1.496121, "worst_return": 1.496121, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-02-02", "tenure": "New", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-01", "tenure": "New", "return": 0.062539, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-04-19", "tenure": "Developing", "return": -0.043504, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.064242, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2025-03-14", "tenure": "Extended", "return": 0.602564, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.111938, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": 0.05159, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.128731, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": 0.01519, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-14", "tenure": "Established", "return": 0.104913, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-12-19", "tenure": "Developing", "return": 0.126446, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-06-26", "tenure": "Established", "return": 0.288764, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.175926, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.09605, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 16.5, "volume": 1751372, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 16.59, "volume": 726100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 15.91, "volume": 570269, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 15.72, "volume": 726001, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 16.530001, "volume": 615000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 16.459999, "volume": 691024, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 16.309999, "volume": 556028, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 15.87, "volume": 1434018, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 15.42, "volume": 671000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 15.21, "volume": 1600170, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 15.25, "volume": 398000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 14.84, "volume": 811000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 14.63, "volume": 806198, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 15.25, "volume": 784499, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 14.98, "volume": 2060000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 15.3, "volume": 649065, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 15.35, "volume": 1732000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 15.57, "volume": 1799003, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 15.91, "volume": 632003, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 16.49, "volume": 1014102, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 16.6, "volume": 1507100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 16.870001, "volume": 597027, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 16.299999, "volume": 675000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 16.4, "volume": 722452, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 16.4, "volume": 525000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 16.0, "volume": 1658619, "typical_volume": 1031614.2, "trend": 15.917, "fair_value": 15.52725, "relative_strength": -6.716022, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 16.833687, "energy": 20.22607, "activity_lines": [ 16.284667, 16.314545, 15.947, 15.899828 ] }, { "date": "2024-02-02", "close": 16.0, "volume": 1064000, "typical_volume": 1057012.8, "trend": 15.918, "fair_value": 15.533086, "relative_strength": -6.769506, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 11.593634, "energy": 12.647523, "activity_lines": [ 16.153333, 16.280182, 15.971048, 15.905183 ] }, { "date": "2024-02-09", "close": 15.83, "volume": 128000, "typical_volume": 991711.9, "trend": 15.904667, "fair_value": 15.536707, "relative_strength": -7.728031, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.061275, "energy": 16.55893, "activity_lines": [ 16.023333, 16.203091, 15.980381, 15.899505 ] }, { "date": "2024-02-16", "close": 16.299999, "volume": 217008, "typical_volume": 969012.3, "trend": 15.897333, "fair_value": 15.545904, "relative_strength": -7.307118, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.137694, "energy": 27.497021, "activity_lines": [ 16.081333, 16.206727, 16.034667, 15.925011 ] }, { "date": "2024-02-23", "close": 16.58, "volume": 1457153, "typical_volume": 961861.45, "trend": 15.912333, "fair_value": 15.558214, "relative_strength": -6.81251, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.588823, "energy": 29.210366, "activity_lines": [ 16.239333, 16.254182, 16.111428, 15.969054 ] }, { "date": "2024-03-01", "close": 16.82, "volume": 539012, "typical_volume": 968912.05, "trend": 15.923, "fair_value": 15.573059, "relative_strength": -5.440204, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.15286, "energy": 58.333334, "activity_lines": [ 16.465333, 16.343636, 16.204524, 16.027613 ] }, { "date": "2024-03-08", "close": 16.780001, "volume": 583340, "typical_volume": 957529.05, "trend": 15.929333, "fair_value": 15.587093, "relative_strength": -9.396866, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.540053, "energy": 75.861418, "activity_lines": [ 16.623334, 16.421818, 16.286333, 16.082903 ] }, { "date": "2024-03-15", "close": 16.76, "volume": 1906318, "typical_volume": 1012535.05, "trend": 15.957667, "fair_value": 15.600575, "relative_strength": -8.793058, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.0487, "energy": 80.47914, "activity_lines": [ 16.722667, 16.498, 16.357, 16.136495 ] }, { "date": "2024-03-22", "close": 17.16, "volume": 790000, "typical_volume": 1012810.1, "trend": 16.005667, "fair_value": 15.618295, "relative_strength": -8.959867, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.158214, "energy": 88.731418, "activity_lines": [ 16.893334, 16.638546, 16.455619, 16.214065 ] }, { "date": "2024-03-29", "close": 17.389999, "volume": 703040, "typical_volume": 944962.1, "trend": 16.034333, "fair_value": 15.638202, "relative_strength": -7.816413, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.537941, "energy": 92.166465, "activity_lines": [ 17.083333, 16.807091, 16.567048, 16.303376 ] }, { "date": "2024-04-05", "close": 16.74, "volume": 417015, "typical_volume": 933359.6, "trend": 16.043667, "fair_value": 15.650444, "relative_strength": -11.18869, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.613423, "energy": 73.01603, "activity_lines": [ 17.002666, 16.839454, 16.605095, 16.348903 ] }, { "date": "2024-04-12", "close": 16.74, "volume": 716020, "typical_volume": 882560.6, "trend": 16.058, "fair_value": 15.662418, "relative_strength": -12.612766, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.898382, "energy": 54.73738, "activity_lines": [ 16.927333, 16.858364, 16.636286, 16.393828 ] }, { "date": "2024-04-19", "close": 16.049999, "volume": 596000, "typical_volume": 822410.45, "trend": 16.064, "fair_value": 15.66663, "relative_strength": -10.731718, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.243752, "energy": 18.139086, "activity_lines": [ 16.624666, 16.738363, 16.595143, 16.393312 ] }, { "date": "2024-04-26", "close": 16.5, "volume": 678126, "typical_volume": 824716.6, "trend": 16.1, "fair_value": 15.675591, "relative_strength": -10.685809, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.126646, "energy": 25.789041, "activity_lines": [ 16.519333, 16.696182, 16.594571, 16.421441 ] }, { "date": "2024-05-03", "close": 16.809999, "volume": 908146, "typical_volume": 819418.8, "trend": 16.153333, "fair_value": 15.68766, "relative_strength": -9.709673, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.656844, "energy": 25.548978, "activity_lines": [ 16.561333, 16.706727, 16.620714, 16.467247 ] }, { "date": "2024-05-10", "close": 16.91, "volume": 823265, "typical_volume": 785227.05, "trend": 16.208667, "fair_value": 15.700526, "relative_strength": -10.535618, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.447788, "energy": 23.551393, "activity_lines": [ 16.675333, 16.731272, 16.654857, 16.516064 ] }, { "date": "2024-05-17", "close": 17.559999, "volume": 885003, "typical_volume": 799625.85, "trend": 16.299333, "fair_value": 15.719896, "relative_strength": -9.244635, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 77.994109, "energy": 49.038822, "activity_lines": [ 16.994666, 16.872363, 16.749428, 16.603247 ] }, { "date": "2024-05-24", "close": 17.16, "volume": 877009, "typical_volume": 809726.3, "trend": 16.383667, "fair_value": 15.734742, "relative_strength": -12.317297, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.728017, "energy": 59.312, "activity_lines": [ 17.126, 16.926545, 16.802619, 16.658774 ] }, { "date": "2024-05-31", "close": 18.059999, "volume": 1403000, "typical_volume": 843753.7, "trend": 16.477333, "fair_value": 15.758469, "relative_strength": -5.858721, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.036829, "energy": 82.243458, "activity_lines": [ 17.483333, 17.13709, 16.937428, 16.766924 ] }, { "date": "2024-06-07", "close": 18.030001, "volume": 611343, "typical_volume": 848070.85, "trend": 16.579, "fair_value": 15.781414, "relative_strength": -8.681168, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.896568, "energy": 85.598672, "activity_lines": [ 17.726667, 17.325818, 17.061476, 16.867097 ] }, { "date": "2024-06-14", "close": 17.98, "volume": 522888, "typical_volume": 791284.3, "trend": 16.668333, "fair_value": 15.8034, "relative_strength": -11.297824, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.940134, "energy": 80.791332, "activity_lines": [ 17.872, 17.493818, 17.173, 16.957484 ] }, { "date": "2024-06-21", "close": 18.030001, "volume": 979006, "typical_volume": 787034.6, "trend": 16.757667, "fair_value": 15.825445, "relative_strength": -13.601651, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.66934, "energy": 80.836762, "activity_lines": [ 17.962667, 17.648364, 17.279857, 17.045333 ] }, { "date": "2024-06-28", "close": 18.190001, "volume": 965001, "typical_volume": 828884.65, "trend": 16.845, "fair_value": 15.848627, "relative_strength": -11.684701, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.514787, "energy": 76.232337, "activity_lines": [ 18.075334, 17.808546, 17.392286, 17.137742 ] }, { "date": "2024-07-05", "close": 18.49, "volume": 847001, "typical_volume": 860384.3, "trend": 16.931, "fair_value": 15.874272, "relative_strength": -11.897795, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.476482, "energy": 74.077358, "activity_lines": [ 18.219334, 17.984364, 17.522048, 17.243871 ] }, { "date": "2024-07-12", "close": 18.959999, "volume": 887000, "typical_volume": 831876.65, "trend": 17.013333, "fair_value": 15.903942, "relative_strength": -10.737566, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.516874, "energy": 84.966653, "activity_lines": [ 18.491333, 18.209455, 17.686143, 17.374774 ] }, { "date": "2024-07-19", "close": 19.34, "volume": 1454203, "typical_volume": 877636.2, "trend": 17.104667, "fair_value": 15.936667, "relative_strength": -4.520299, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.607703, "energy": 90.535756, "activity_lines": [ 18.828, 18.464546, 17.875095, 17.524882 ] }, { "date": "2024-07-26", "close": 20.040001, "volume": 1264000, "typical_volume": 911669.2, "trend": 17.210333, "fair_value": 15.975377, "relative_strength": 2.349829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.55547, "energy": 95.6252, "activity_lines": [ 19.307334, 18.802728, 18.118714, 17.714258 ] }, { "date": "2024-08-02", "close": 20.5, "volume": 1187050, "typical_volume": 875705.8, "trend": 17.350333, "fair_value": 16.017664, "relative_strength": 7.102053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.348962, "energy": 95.123483, "activity_lines": [ 19.806, 19.179455, 18.390619, 17.926495 ] }, { "date": "2024-08-09", "close": 20.559999, "volume": 1333050, "typical_volume": 902858.3, "trend": 17.489, "fair_value": 16.059722, "relative_strength": 8.359668, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.64858, "energy": 90.540304, "activity_lines": [ 20.170666, 19.506364, 18.650429, 18.13357 ] }, { "date": "2024-08-16", "close": 22.43, "volume": 1230200, "typical_volume": 929216.3, "trend": 17.69, "fair_value": 16.118165, "relative_strength": 13.478938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.502862, "energy": 94.989912, "activity_lines": [ 21.020667, 20.127818, 19.072143, 18.452344 ] }, { "date": "2024-08-23", "close": 23.120001, "volume": 2162735, "typical_volume": 1016502.3, "trend": 17.927333, "fair_value": 16.181818, "relative_strength": 17.7501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.614794, "energy": 93.51578, "activity_lines": [ 21.869334, 20.794727, 19.535572, 18.802667 ] }, { "date": "2024-08-30", "close": 22.370001, "volume": 1271107, "typical_volume": 1044256.65, "trend": 18.139667, "fair_value": 16.237568, "relative_strength": 13.339116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.535544, "energy": 83.457401, "activity_lines": [ 22.216, 21.231818, 19.897191, 19.08929 ] }, { "date": "2024-09-06", "close": 22.450001, "volume": 1718040, "typical_volume": 1100358.65, "trend": 18.360333, "fair_value": 16.293036, "relative_strength": 18.025016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.973736, "energy": 77.947638, "activity_lines": [ 22.434001, 21.604546, 20.239619, 19.367376 ] }, { "date": "2024-09-13", "close": 22.24, "volume": 914160, "typical_volume": 1112160.35, "trend": 18.558333, "fair_value": 16.345664, "relative_strength": 15.032531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.822206, "energy": 67.253917, "activity_lines": [ 22.452001, 21.861637, 20.531572, 19.617678 ] }, { "date": "2024-09-20", "close": 22.92, "volume": 831000, "typical_volume": 1108303.05, "trend": 18.769667, "fair_value": 16.403333, "relative_strength": 16.251599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.659639, "energy": 67.877381, "activity_lines": [ 22.584667, 22.174182, 20.860953, 19.899075 ] }, { "date": "2024-09-27", "close": 23.27, "volume": 1043319, "typical_volume": 1119305.75, "trend": 18.984667, "fair_value": 16.463043, "relative_strength": 14.406599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.229268, "energy": 68.228099, "activity_lines": [ 22.801334, 22.478364, 21.194572, 20.189419 ] }, { "date": "2024-10-04", "close": 23.0, "volume": 812120, "typical_volume": 1115661.6, "trend": 19.192, "fair_value": 16.519397, "relative_strength": 15.440553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.039375, "energy": 64.096012, "activity_lines": [ 22.918, 22.662, 21.472191, 20.448473 ] }, { "date": "2024-10-11", "close": 23.25, "volume": 621000, "typical_volume": 1102861.15, "trend": 19.408333, "fair_value": 16.576923, "relative_strength": 13.383474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.142801, "energy": 64.950232, "activity_lines": [ 23.076, 22.837273, 21.747714, 20.71028 ] }, { "date": "2024-10-18", "close": 24.34, "volume": 1502543, "typical_volume": 1107838.3, "trend": 19.647667, "fair_value": 16.642712, "relative_strength": 15.408129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.063103, "energy": 70.332387, "activity_lines": [ 23.544, 23.160727, 22.098048, 21.028452 ] }, { "date": "2024-10-25", "close": 23.59, "volume": 1029135, "typical_volume": 1128727.9, "trend": 19.854333, "fair_value": 16.701092, "relative_strength": 12.267939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.966848, "energy": 63.404101, "activity_lines": [ 23.622, 23.279091, 22.347048, 21.282796 ] }, { "date": "2024-11-01", "close": 23.18, "volume": 778020, "typical_volume": 1141484.5, "trend": 20.069, "fair_value": 16.755083, "relative_strength": 12.843084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.918439, "energy": 59.79784, "activity_lines": [ 23.518667, 23.301818, 22.530524, 21.497355 ] }, { "date": "2024-11-08", "close": 25.42, "volume": 2998337, "typical_volume": 1242451.05, "trend": 20.358333, "fair_value": 16.826694, "relative_strength": 19.22129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.688468, "energy": 70.113176, "activity_lines": [ 24.168, 23.730727, 22.902572, 21.842581 ] }, { "date": "2024-11-15", "close": 26.18, "volume": 2560550, "typical_volume": 1322228.5, "trend": 20.696, "fair_value": 16.903361, "relative_strength": 26.460846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.412102, "energy": 86.12951, "activity_lines": [ 24.909333, 24.242364, 23.31181, 22.218172 ] }, { "date": "2024-11-22", "close": 27.389999, "volume": 1429203, "typical_volume": 1351338.6, "trend": 21.059, "fair_value": 16.988618, "relative_strength": 30.523405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.592537, "energy": 96.242064, "activity_lines": [ 25.858666, 24.906182, 23.798238, 22.650043 ] }, { "date": "2024-11-29", "close": 28.450001, "volume": 3536888, "typical_volume": 1483833.0, "trend": 21.447, "fair_value": 17.081048, "relative_strength": 38.364919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.648549, "energy": 97.264447, "activity_lines": [ 26.958, 25.669091, 24.343238, 23.126882 ] }, { "date": "2024-12-06", "close": 28.01, "volume": 3315237, "typical_volume": 1576884.7, "trend": 21.817, "fair_value": 17.16848, "relative_strength": 29.966699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.332188, "energy": 92.23754, "activity_lines": [ 27.586667, 26.251455, 24.801143, 23.550301 ] }, { "date": "2024-12-13", "close": 27.620001, "volume": 4283802, "typical_volume": 1727874.8, "trend": 22.152334, "fair_value": 17.251429, "relative_strength": 28.410044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.476978, "energy": 87.773313, "activity_lines": [ 27.763334, 26.676727, 25.180619, 23.924688 ] }, { "date": "2024-12-20", "close": 27.299999, "volume": 5889131, "typical_volume": 1962978.85, "trend": 22.490333, "fair_value": 17.330551, "relative_strength": 29.083409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.733191, "energy": 67.320066, "activity_lines": [ 27.686667, 26.959818, 25.493524, 24.256796 ] }, { "date": "2024-12-27", "close": 29.200001, "volume": 3388227, "typical_volume": 2065737.7, "trend": 22.861667, "fair_value": 17.423281, "relative_strength": 32.67498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.568717, "energy": 71.931908, "activity_lines": [ 28.168667, 27.514727, 25.955, 24.689678 ] }, { "date": "2025-01-03", "close": 28.6, "volume": 2510485, "typical_volume": 2129751.95, "trend": 23.214, "fair_value": 17.509922, "relative_strength": 31.184211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.628598, "energy": 66.256101, "activity_lines": [ 28.33, 27.872182, 26.318191, 25.059893 ] }, { "date": "2025-01-10", "close": 28.49, "volume": 5115952, "typical_volume": 2277412.8, "trend": 23.564333, "fair_value": 17.594385, "relative_strength": 29.303529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.692609, "energy": 63.5289, "activity_lines": [ 28.444667, 28.118546, 26.641524, 25.40028 ] }, { "date": "2025-01-17", "close": 27.99, "volume": 3941422, "typical_volume": 2410928.55, "trend": 23.896333, "fair_value": 17.67374, "relative_strength": 25.576317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.964651, "energy": 59.755737, "activity_lines": [ 28.360667, 28.177455, 26.891667, 25.685807 ] }, { "date": "2025-01-24", "close": 31.35, "volume": 6214193, "typical_volume": 2635736.2, "trend": 24.335, "fair_value": 17.777348, "relative_strength": 37.179945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.259494, "energy": 68.240042, "activity_lines": [ 29.372, 28.800546, 27.435048, 26.166688 ] }, { "date": "2025-02-07", "close": 30.809999, "volume": 10691494, "typical_volume": 3124602.9, "trend": 24.745667, "fair_value": 17.875338, "relative_strength": 33.957129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.123663, "energy": 62.161723, "activity_lines": [ 29.933333, 29.231454, 27.884619, 26.58443 ] }, { "date": "2025-02-14", "close": 31.91, "volume": 6622775, "typical_volume": 3414191.65, "trend": 25.177333, "fair_value": 17.980075, "relative_strength": 39.314337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.855935, "energy": 68.228734, "activity_lines": [ 30.754, 29.800182, 28.398143, 27.046645 ] }, { "date": "2025-02-21", "close": 30.98, "volume": 7523490, "typical_volume": 3738200.2, "trend": 25.565333, "fair_value": 18.07637, "relative_strength": 30.869123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.286081, "energy": 64.149114, "activity_lines": [ 31.044, 30.136909, 28.780286, 27.421011 ] }, { "date": "2025-02-28", "close": 29.01, "volume": 11331440, "typical_volume": 4264166.2, "trend": 25.864333, "fair_value": 18.156765, "relative_strength": 25.227525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.894799, "energy": 52.737, "activity_lines": [ 30.511333, 30.061454, 28.938095, 27.643247 ] }, { "date": "2025-03-07", "close": 28.48, "volume": 7525611, "typical_volume": 4609396.75, "trend": 26.130333, "fair_value": 18.232117, "relative_strength": 24.647443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.707638, "energy": 37.017392, "activity_lines": [ 29.734, 29.864364, 29.01681, 27.812 ] }, { "date": "2025-03-14", "close": 27.5, "volume": 6146182, "typical_volume": 4841578.7, "trend": 26.361667, "fair_value": 18.299275, "relative_strength": 22.747899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.900383, "energy": 20.687324, "activity_lines": [ 28.821333, 29.467636, 28.977286, 27.900366 ] }, { "date": "2025-03-21", "close": 28.23, "volume": 2406147, "typical_volume": 4910429.3, "trend": 26.555, "fair_value": 18.370719, "relative_strength": 23.660273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.762552, "energy": 25.194551, "activity_lines": [ 28.372667, 29.234545, 28.992238, 28.020903 ] }, { "date": "2025-03-28", "close": 28.360001, "volume": 4181940, "typical_volume": 5080625.3, "trend": 26.729667, "fair_value": 18.442071, "relative_strength": 26.615541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.953608, "energy": 22.727766, "activity_lines": [ 28.212667, 29.031818, 28.997476, 28.137355 ] }, { "date": "2025-04-04", "close": 27.1, "volume": 1514481, "typical_volume": 5006432.5, "trend": 26.887333, "fair_value": 18.503475, "relative_strength": 21.782349, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.114074, "energy": 18.454572, "activity_lines": [ 27.807334, 28.602364, 28.858048, 28.161247 ] }, { "date": "2025-04-11", "close": 25.07, "volume": 6988984, "typical_volume": 5227854.2, "trend": 26.974667, "fair_value": 18.549718, "relative_strength": 21.834757, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.371923, "energy": 30.097678, "activity_lines": [ 26.852667, 27.82, 28.517286, 28.044 ] }, { "date": "2025-04-18", "close": 25.07, "volume": 1846809, "typical_volume": 5248734.5, "trend": 27.069, "fair_value": 18.595315, "relative_strength": 21.597792, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.898302, "energy": 44.716944, "activity_lines": [ 26.125333, 27.151818, 28.18181, 27.921118 ] }, { "date": "2025-04-25", "close": 25.780001, "volume": 1962872, "typical_volume": 5170033.7, "trend": 27.164333, "fair_value": 18.645208, "relative_strength": 20.995347, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.642657, "energy": 47.62028, "activity_lines": [ 25.796667, 26.717091, 27.925, 27.837957 ] }, { "date": "2025-05-02", "close": 25.9, "volume": 1797725, "typical_volume": 5094158.1, "trend": 27.252, "fair_value": 18.695241, "relative_strength": 15.327531, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.79388, "energy": 52.668572, "activity_lines": [ 25.671334, 26.415637, 27.692333, 27.756387 ] }, { "date": "2025-05-09", "close": 25.74, "volume": 882827, "typical_volume": 4924109.35, "trend": 27.343333, "fair_value": 18.743493, "relative_strength": 13.103857, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.032034, "energy": 49.070279, "activity_lines": [ 25.656667, 26.177455, 27.454476, 27.658839 ] }, { "date": "2025-05-16", "close": 27.52, "volume": 2237899, "typical_volume": 4741547.75, "trend": 27.485667, "fair_value": 18.803197, "relative_strength": 14.884299, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.892279, "energy": 19.077985, "activity_lines": [ 26.326, 26.322364, 27.395095, 27.670237 ] }, { "date": "2025-05-23", "close": 27.110001, "volume": 1705443, "typical_volume": 4657408.55, "trend": 27.578, "fair_value": 18.859324, "relative_strength": 13.326723, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.282993, "energy": 11.032114, "activity_lines": [ 26.695334, 26.410182, 27.295619, 27.646 ] }, { "date": "2025-05-30", "close": 27.809999, "volume": 1838902, "typical_volume": 4623829.4, "trend": 27.718667, "fair_value": 18.919396, "relative_strength": 16.882016, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.080606, "energy": 20.448016, "activity_lines": [ 27.162, 26.632364, 27.272762, 27.660968 ] }, { "date": "2025-06-06", "close": 28.09, "volume": 2340493, "typical_volume": 4485056.45, "trend": 27.882333, "fair_value": 18.980533, "relative_strength": 15.466547, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.002314, "energy": 20.172262, "activity_lines": [ 27.586667, 26.913091, 27.280333, 27.684925 ] }, { "date": "2025-06-13", "close": 27.98, "volume": 5344125, "typical_volume": 4555191.6, "trend": 27.967667, "fair_value": 19.040132, "relative_strength": 12.016861, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.908049, "energy": 18.782362, "activity_lines": [ 27.828667, 27.178727, 27.279333, 27.691226 ] }, { "date": "2025-06-20", "close": 29.25, "volume": 3840554, "typical_volume": 4436509.65, "trend": 28.07, "fair_value": 19.107303, "relative_strength": 16.203427, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.043931, "energy": 27.521009, "activity_lines": [ 28.344667, 27.659273, 27.399333, 27.773957 ] }, { "date": "2025-06-27", "close": 31.389999, "volume": 16810284, "typical_volume": 4742449.15, "trend": 28.203333, "fair_value": 19.187582, "relative_strength": 20.506272, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.231186, "energy": 54.427419, "activity_lines": [ 29.458666, 28.452909, 27.733143, 27.988151 ] }, { "date": "2025-07-04", "close": 31.6, "volume": 4998700, "typical_volume": 4661245.4, "trend": 28.308333, "fair_value": 19.268182, "relative_strength": 20.261386, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.698135, "energy": 65.955328, "activity_lines": [ 30.357333, 29.169818, 28.08419, 28.20729 ] }, { "date": "2025-07-11", "close": 32.080002, "volume": 3204869, "typical_volume": 4445314.35, "trend": 28.444, "fair_value": 19.350839, "relative_strength": 19.76053, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.71263, "energy": 94.026523, "activity_lines": [ 31.163334, 29.868182, 28.482429, 28.450624 ] }, { "date": "2025-07-18", "close": 34.599998, "volume": 4917925, "typical_volume": 4124638.6, "trend": 28.676667, "fair_value": 19.44859, "relative_strength": 24.281932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.108643, "energy": 97.82325, "activity_lines": [ 32.543333, 30.912363, 29.115429, 28.847785 ] }, { "date": "2025-07-25", "close": 34.110001, "volume": 6129330, "typical_volume": 4054824.55, "trend": 28.903667, "fair_value": 19.57109, "relative_strength": 21.415606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.727624, "energy": 93.934202, "activity_lines": [ 33.318667, 31.706364, 29.675143, 29.198323 ] }, { "date": "2025-08-01", "close": 34.040001, "volume": 3784471, "typical_volume": 3936739.0, "trend": 29.065, "fair_value": 19.692051, "relative_strength": 19.757643, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.296569, "energy": 90.933852, "activity_lines": [ 33.746667, 32.367818, 30.201381, 29.529699 ] }, { "date": "2025-08-08", "close": 34.150002, "volume": 6110621, "typical_volume": 4121962.7, "trend": 29.25, "fair_value": 19.812244, "relative_strength": 16.334562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.797658, "energy": 88.829402, "activity_lines": [ 34.034668, 32.923273, 30.706953, 29.857764 ] }, { "date": "2025-08-15", "close": 35.07, "volume": 4053546, "typical_volume": 4115543.0, "trend": 29.469333, "fair_value": 19.935192, "relative_strength": 17.04034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.686884, "energy": 89.169407, "activity_lines": [ 34.459334, 33.530728, 31.271953, 30.233248 ] }, { "date": "2025-08-22", "close": 34.57, "volume": 3400037, "typical_volume": 4209820.8, "trend": 29.688667, "fair_value": 20.05359, "relative_strength": 17.312499, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.948829, "energy": 67.498482, "activity_lines": [ 34.518001, 33.920364, 31.757381, 30.562323 ] }, { "date": "2025-08-29", "close": 37.610001, "volume": 6487055, "typical_volume": 4184724.35, "trend": 29.897333, "fair_value": 20.190577, "relative_strength": 24.181054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.453658, "energy": 76.060729, "activity_lines": [ 35.592001, 34.74291, 32.496762, 31.073377 ] }, { "date": "2025-09-05", "close": 36.630001, "volume": 4603616, "typical_volume": 4322564.7, "trend": 30.091334, "fair_value": 20.322244, "relative_strength": 18.757228, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.797139, "energy": 70.801948, "activity_lines": [ 36.106001, 35.235273, 33.083096, 31.507742 ] }, { "date": "2025-09-12", "close": 37.400002, "volume": 6775895, "typical_volume": 4563215.85, "trend": 30.274334, "fair_value": 20.464167, "relative_strength": 15.84433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.542163, "energy": 71.932677, "activity_lines": [ 36.704001, 35.772365, 33.687715, 31.979269 ] }, { "date": "2025-09-19", "close": 38.400002, "volume": 5653590, "typical_volume": 4756009.1, "trend": 30.521667, "fair_value": 20.611218, "relative_strength": 17.604276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.924826, "energy": 89.144928, "activity_lines": [ 37.418668, 36.385819, 34.332239, 32.503506 ] }, { "date": "2025-09-26", "close": 38.91, "volume": 8978962, "typical_volume": 5160815.85, "trend": 30.851667, "fair_value": 20.762821, "relative_strength": 18.28969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.090618, "energy": 89.572617, "activity_lines": [ 38.081334, 36.977092, 34.96581, 33.044689 ] }, { "date": "2025-10-03", "close": 42.240002, "volume": 5946406, "typical_volume": 5346241.2, "trend": 31.310334, "fair_value": 20.941218, "relative_strength": 21.730068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.192164, "energy": 94.56227, "activity_lines": [ 39.564668, 38.095456, 35.85381, 33.77942 ] }, { "date": "2025-10-10", "close": 45.189999, "volume": 8681441, "typical_volume": 5695041.1, "trend": 31.9, "fair_value": 21.143205, "relative_strength": 26.481236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.516359, "energy": 97.272412, "activity_lines": [ 41.722667, 39.602364, 36.952667, 34.674882 ] }, { "date": "2025-10-17", "close": 43.09, "volume": 18956717, "typical_volume": 6550931.85, "trend": 32.395334, "fair_value": 21.3275, "relative_strength": 19.611949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.234051, "energy": 87.644012, "activity_lines": [ 42.61, 40.524728, 37.765429, 35.396818 ] }, { "date": "2025-10-24", "close": 41.290001, "volume": 9103399, "typical_volume": 6889077.15, "trend": 32.826334, "fair_value": 21.502628, "relative_strength": 12.895911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.419135, "energy": 68.531627, "activity_lines": [ 42.518, 40.957273, 38.334001, 35.970667 ] }, { "date": "2025-10-31", "close": 41.509998, "volume": 11411040, "typical_volume": 7192422.9, "trend": 33.306667, "fair_value": 21.678974, "relative_strength": 9.947051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.578735, "energy": 66.989405, "activity_lines": [ 42.306666, 41.316727, 38.860667, 36.530904 ] }, { "date": "2025-11-07", "close": 38.959999, "volume": 10813832, "typical_volume": 7541086.8, "trend": 33.769667, "fair_value": 21.835064, "relative_strength": 4.774879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.997288, "energy": 51.638348, "activity_lines": [ 41.071999, 41.086364, 39.080048, 36.895635 ] }, { "date": "2025-11-14", "close": 38.23, "volume": 8590007, "typical_volume": 7130072.95, "trend": 34.208334, "fair_value": 21.984039, "relative_strength": 3.297491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.538032, "energy": 31.428469, "activity_lines": [ 39.812666, 40.698727, 39.183667, 37.183398 ] }, { "date": "2025-11-21", "close": 36.299999, "volume": 7467450, "typical_volume": 7253510.45, "trend": 34.559, "fair_value": 22.119295, "relative_strength": 1.333728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.712117, "energy": 26.789954, "activity_lines": [ 38.373999, 39.931091, 39.070905, 37.318344 ] }, { "date": "2025-11-28", "close": 37.73, "volume": 3438871, "typical_volume": 7265210.55, "trend": 34.953334, "fair_value": 22.264103, "relative_strength": 0.540551, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.181574, "energy": 30.994433, "activity_lines": [ 37.864666, 39.443454, 39.071952, 37.522925 ] }, { "date": "2025-12-05", "close": 39.919998, "volume": 4184921, "typical_volume": 7228560.35, "trend": 35.426, "fair_value": 22.422885, "relative_strength": 4.808223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.215794, "energy": 27.28636, "activity_lines": [ 38.322666, 39.366181, 39.254667, 37.843355 ] }, { "date": "2025-12-12", "close": 43.360001, "volume": 16337522, "typical_volume": 7738969.95, "trend": 35.954, "fair_value": 22.604231, "relative_strength": 12.438992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.500372, "energy": 33.983578, "activity_lines": [ 40.033333, 39.896, 39.739667, 38.355226 ] }, { "date": "2025-12-19", "close": 40.889999, "volume": 7879720, "typical_volume": 7943732.4, "trend": 36.413333, "fair_value": 22.770962, "relative_strength": 7.536308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.248591, "energy": 37.325869, "activity_lines": [ 40.627333, 39.956363, 39.945381, 38.673677 ] }, { "date": "2025-12-26", "close": 44.5, "volume": 12130131, "typical_volume": 8244707.9, "trend": 36.969667, "fair_value": 22.962564, "relative_strength": 12.960293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.38468, "energy": 62.72786, "activity_lines": [ 42.247333, 40.751272, 40.462286, 39.195398 ] }, { "date": "2026-01-02", "close": 44.389999, "volume": 4813146, "typical_volume": 8282687.9, "trend": 37.513, "fair_value": 23.152628, "relative_strength": 9.240748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.573088, "energy": 77.170619, "activity_lines": [ 43.283999, 41.500545, 40.919428, 39.674129 ] }, { "date": "2026-01-09", "close": 50.099998, "volume": 12760501, "typical_volume": 8750711.1, "trend": 38.250333, "fair_value": 23.380064, "relative_strength": 18.800493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.909467, "energy": 91.315656, "activity_lines": [ 45.779999, 43.231636, 41.876, 40.486193 ] }, { "date": "2026-01-16", "close": 54.75, "volume": 23034535, "typical_volume": 9578085.1, "trend": 39.100333, "fair_value": 23.635449, "relative_strength": 24.331105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.801168, "energy": 98.161327, "activity_lines": [ 49.147333, 45.651999, 43.201476, 41.550688 ] }, { "date": "2026-01-23", "close": 56.950001, "volume": 20698460, "typical_volume": 10382827.3, "trend": 39.952333, "fair_value": 23.900513, "relative_strength": 26.099707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.881226, "energy": 97.920623, "activity_lines": [ 52.488666, 48.185272, 44.654857, 42.702279 ] }, { "date": "2026-01-30", "close": 57.799999, "volume": 22678933, "typical_volume": 11177979.2, "trend": 40.825667, "fair_value": 24.170513, "relative_strength": 26.762762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.96991, "energy": 95.62255, "activity_lines": [ 55.042666, 50.532727, 46.092428, 43.853742 ] }, { "date": "2026-02-06", "close": 51.950001, "volume": 23951360, "typical_volume": 12092867.7, "trend": 41.488, "fair_value": 24.399936, "relative_strength": 14.44096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.34494, "energy": 88.130582, "activity_lines": [ 54.76, 51.425636, 46.875714, 44.571441 ] }, { "date": "2026-02-13", "close": 55.150002, "volume": 10438301, "typical_volume": 12165834.65, "trend": 42.173, "fair_value": 24.654487, "relative_strength": 14.495364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.600841, "energy": 69.244147, "activity_lines": [ 55.040001, 52.641818, 47.899238, 45.45286 ] }, { "date": "2026-02-27", "close": 55.349998, "volume": 10019485, "typical_volume": 12369488.6, "trend": 42.881, "fair_value": 24.906987, "relative_strength": 8.666271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.993336, "energy": 65.99194, "activity_lines": [ 55.05, 53.617454, 48.864476, 46.302989 ] }, { "date": "2026-03-06", "close": 56.0, "volume": 14005918, "typical_volume": 12635712.45, "trend": 43.613, "fair_value": 25.1625, "relative_strength": 15.251977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.981493, "energy": 61.841974, "activity_lines": [ 55.236667, 54.493273, 49.82919, 47.149376 ] }, { "date": "2026-03-13", "close": 56.25, "volume": 8015987, "typical_volume": 12088675.95, "trend": 44.349667, "fair_value": 25.420897, "relative_strength": 15.806182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.319788, "energy": 60.256229, "activity_lines": [ 55.57, 55.139818, 50.766238, 47.964666 ] }, { "date": "2026-03-20", "close": 57.25, "volume": 7053572, "typical_volume": 11986184.6, "trend": 45.089, "fair_value": 25.68641, "relative_strength": 16.658764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.05198, "energy": 61.575417, "activity_lines": [ 56.34, 55.754545, 51.735857, 48.796946 ] }, { "date": "2026-03-27", "close": 60.299999, "volume": 13534912, "typical_volume": 12092378.2, "trend": 45.946667, "fair_value": 25.975962, "relative_strength": 23.580819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.234286, "energy": 66.000978, "activity_lines": [ 57.773333, 56.69, 52.919952, 49.778301 ] }, { "date": "2026-04-03", "close": 58.200001, "volume": 13757552, "typical_volume": 12239564.2, "trend": 46.633, "fair_value": 26.252885, "relative_strength": 20.509568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.406337, "energy": 58.709853, "activity_lines": [ 58.163333, 57.058182, 53.814571, 50.568839 ] }, { "date": "2026-04-10", "close": 65.699997, "volume": 13592044, "typical_volume": 12489666.05, "trend": 47.602, "fair_value": 26.574936, "relative_strength": 24.171748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.643397, "energy": 68.352981, "activity_lines": [ 60.863332, 58.727272, 55.331857, 51.798967 ] }, { "date": "2026-04-17", "close": 71.75, "volume": 11018074, "typical_volume": 12667197.25, "trend": 48.747, "fair_value": 26.936859, "relative_strength": 29.388636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.584236, "energy": 90.547656, "activity_lines": [ 64.933333, 61.337272, 57.294523, 53.356903 ] }, { "date": "2026-04-24", "close": 67.5, "volume": 18099112, "typical_volume": 13400209.3, "trend": 49.717, "fair_value": 27.27109, "relative_strength": 14.426667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.792971, "energy": 85.437931, "activity_lines": [ 66.553333, 62.920909, 58.683619, 54.566774 ] }, { "date": "2026-05-01", "close": 64.349998, "volume": 11116997, "typical_volume": 13746813.1, "trend": 50.565, "fair_value": 27.585577, "relative_strength": 8.612371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.405438, "energy": 81.879511, "activity_lines": [ 66.439999, 63.64909, 59.630952, 55.510838 ] }, { "date": "2026-05-08", "close": 67.099998, "volume": 9861118, "typical_volume": 13422992.9, "trend": 51.393666, "fair_value": 27.920449, "relative_strength": 5.476806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.581768, "energy": 76.314941, "activity_lines": [ 66.973332, 64.709999, 60.723857, 56.577612 ] }, { "date": "2026-05-15", "close": 74.449997, "volume": 12605613, "typical_volume": 13659287.55, "trend": 52.368999, "fair_value": 28.302308, "relative_strength": 17.404477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.344729, "energy": 71.806635, "activity_lines": [ 69.363331, 66.893635, 62.403713, 58.065118 ] }, { "date": "2026-05-22", "close": 78.099998, "volume": 10373629, "typical_volume": 13571462.45, "trend": 53.535999, "fair_value": 28.70609, "relative_strength": 19.093817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.686991, "energy": 76.895067, "activity_lines": [ 72.386665, 69.405453, 64.27138, 59.725182 ] }, { "date": "2026-05-29", "close": 87.949997, "volume": 2141632, "typical_volume": 13437886.75, "trend": 55.091333, "fair_value": 29.170449, "relative_strength": 25.611985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.992433, "energy": 95.348608, "activity_lines": [ 78.269997, 73.310907, 66.917142, 61.94544 ] }, { "date": "2026-06-05", "close": 76.550003, "volume": 32553967, "typical_volume": 14427560.05, "trend": 56.259333, "fair_value": 29.562308, "relative_strength": 7.985401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.430367, "energy": 79.124759, "activity_lines": [ 78.989999, 74.585453, 68.269761, 63.32987 ] }, { "date": "2026-06-12", "close": 75.25, "volume": 14851581, "typical_volume": 14018412.35, "trend": 57.468999, "fair_value": 29.945, "relative_strength": 7.782915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.90531, "energy": 65.918002, "activity_lines": [ 78.463333, 75.328181, 69.372618, 64.555075 ] }, { "date": "2026-06-19", "close": 67.25, "volume": 20032793, "typical_volume": 13985129.0, "trend": 58.436333, "fair_value": 30.27141, "relative_strength": -8.635522, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.520034, "energy": 50.885806, "activity_lines": [ 74.726667, 74.306363, 69.615952, 65.186107 ] }, { "date": "2026-06-26", "close": 57.349998, "volume": 4172403, "typical_volume": 13059802.5, "trend": 59.137999, "fair_value": 30.535705, "relative_strength": -18.736045, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.955568, "energy": 18.919604, "activity_lines": [ 68.17, 71.456363, 68.86738, 65.116021 ] }, { "date": "2026-07-03", "close": 64.800003, "volume": 1004131, "typical_volume": 11912441.05, "trend": 60.040333, "fair_value": 30.846859, "relative_strength": -12.509755, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.207127, "energy": 26.705485, "activity_lines": [ 65.480001, 70.222727, 68.830476, 65.481311 ] }, { "date": "2026-07-10", "close": 61.5, "volume": 4417954, "typical_volume": 11611423.7, "trend": 60.759666, "fair_value": 31.1375, "relative_strength": -14.307191, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.485175, "energy": 27.581162, "activity_lines": [ 63.233334, 68.438182, 68.418095, 65.575483 ] }, { "date": "2026-07-17", "close": 53.400002, "volume": 7659131, "typical_volume": 11493406.0, "trend": 61.094333, "fair_value": 31.377436, "relative_strength": -20.761835, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -42.302986, "energy": 45.947347, "activity_lines": [ 59.290001, 65.232728, 67.204047, 65.100666 ] }, { "date": "2026-07-24", "close": 55.700001, "volume": 3270199, "typical_volume": 10956620.05, "trend": 61.588, "fair_value": 31.630449, "relative_strength": -19.010171, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.327256, "energy": 55.296201, "activity_lines": [ 57.570001, 62.694546, 66.218333, 64.752645 ] }, { "date": "2026-07-31", "close": 55.450001, "volume": 5036857, "typical_volume": 10807663.55, "trend": 61.953, "fair_value": 31.88, "relative_strength": -18.199452, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.890783, "energy": 59.51234, "activity_lines": [ 56.536668, 60.451819, 65.210238, 64.356645 ] }, { "date": "2026-08-07", "close": 61.049999, "volume": 4527707, "typical_volume": 10681370.3, "trend": 62.508333, "fair_value": 32.167949, "relative_strength": -12.113277, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.209556, "energy": 45.793622, "activity_lines": [ 57.496667, 59.639091, 64.739286, 64.298387 ] } ], "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." } } }