{ "ticker": { "uuid": "3389ba9f-1af7-4579-a3b9-8b998351c1d6", "symbol": "3577", "name": "ICP Das Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 50.99, "architecture_energy": 31.883, "architecture_maturity": 50.851, "architecture_confidence": 67.739, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 37.07, "rotation_up": 42.21, "upward_expansion": 74.69, "deceleration": 70.23, "rotation_down": 24.35, "downward_expansion": 3.69 }, "activity_lines": [ 132.3, 130.469468, 125.610446, 113.769777 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 128.5, "trend_reference": 97.682163, "distance_from_trend": 0.315491, "trend_direction": "Improving", "fair_value": 71.485051, "distance_from_fair_value": 0.797579, "fair_value_direction": "Improving", "relative_strength": 13.109563, "relative_strength_direction": "Improving", "price_momentum": 1.090855, "excess_performance": 0.649483, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.315491, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.297987, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.797579, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.184147, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.131096, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.118183, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.090855, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.586756, "read": "Demand-led" } ], "volume": { "latest": 3858460, "relative_activity": 0.765318, "balance": 2.586756, "dry_up": 2.104116, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.213375, "annualized_volatility": 0.8046, "from_high_reference": -0.269886, "from_low_reference": 1.305112 }, "levels": { "trend_reference": 97.682163, "fair_value_reference": 71.485051, "structural_low": 55.745658, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": -0.018692, "positive_rate": 0.44, "directional_follow_through": 0.44, "median_excess_return": 0.008624, "regime_survival": 0.6, "best_return": 0.750903, "worst_return": -0.196359, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.02, "positive_rate": 0.363636, "directional_follow_through": 0.363636, "median_excess_return": -0.0016, "regime_survival": 0.090909, "best_return": 0.789954, "worst_return": -0.303125, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.126869, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.083622, "regime_survival": 0.285714, "best_return": 0.54732, "worst_return": -0.329167, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.065458, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.055464, "regime_survival": 0.0, "best_return": 0.87129, "worst_return": -0.051567, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-03-28", "tenure": "Developing", "return": -0.196359, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": -0.15832, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-06-20", "tenure": "Developing", "return": 0.093809, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-06-27", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": 0.108723, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-29", "tenure": "Developing", "return": -0.088542, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": -0.109188, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": -0.059542, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-03-13", "tenure": "Established", "return": -0.026646, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-20", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.092643, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-10", "tenure": "Developing", "return": 0.510229, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-07-24", "tenure": "New", "return": 0.126923, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": 0.098291, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 67.298462, "volume": 348700, "typical_volume": 572880.0, "trend": 67.202403, "fair_value": 46.528078, "relative_strength": -5.438751, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.03266, "energy": 24.857094, "activity_lines": [ 68.405975, 66.954802, 66.279339, 66.755642 ] }, { "date": "2023-08-18", "close": 68.485085, "volume": 247500, "typical_volume": 555170.0, "trend": 67.256083, "fair_value": 46.816421, "relative_strength": -2.534861, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.894828, "energy": 27.10043, "activity_lines": [ 68.479433, 67.449486, 66.437555, 66.838396 ] }, { "date": "2023-08-25", "close": 68.654602, "volume": 211200, "typical_volume": 536580.0, "trend": 67.306939, "fair_value": 47.107286, "relative_strength": -2.960988, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.186601, "energy": 17.13744, "activity_lines": [ 68.451181, 67.890231, 66.608687, 66.928623 ] }, { "date": "2023-09-01", "close": 67.383217, "volume": 135300, "typical_volume": 445775.0, "trend": 67.340842, "fair_value": 47.392631, "relative_strength": -5.726802, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.013813, "energy": 10.045354, "activity_lines": [ 67.993483, 67.984236, 66.670036, 66.933544 ] }, { "date": "2023-09-08", "close": 68.993637, "volume": 188100, "typical_volume": 397595.0, "trend": 67.439727, "fair_value": 47.689017, "relative_strength": -2.918063, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.351381, "energy": 13.305933, "activity_lines": [ 68.315566, 68.297073, 66.925523, 67.040176 ] }, { "date": "2023-09-15", "close": 69.247917, "volume": 127600, "typical_volume": 375650.0, "trend": 67.501884, "fair_value": 47.986077, "relative_strength": -4.417153, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.40562, "energy": 18.459804, "activity_lines": [ 68.677205, 68.546727, 67.21007, 67.156833 ] }, { "date": "2023-09-22", "close": 71.442902, "volume": 474300, "typical_volume": 384955.0, "trend": 67.5694, "fair_value": 48.296967, "relative_strength": 2.106587, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 38.573943, "energy": 30.866218, "activity_lines": [ 69.640542, 69.098382, 67.698417, 67.411092 ] }, { "date": "2023-09-29", "close": 72.964981, "volume": 202000, "typical_volume": 357820.0, "trend": 67.62832, "fair_value": 48.619528, "relative_strength": 4.096051, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.306656, "energy": 59.953145, "activity_lines": [ 70.91405, 69.82985, 68.31441, 67.759194 ] }, { "date": "2023-10-06", "close": 71.823425, "volume": 104000, "typical_volume": 325730.0, "trend": 67.626586, "fair_value": 48.93501, "relative_strength": 1.359231, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.7578, "energy": 59.407031, "activity_lines": [ 71.519682, 70.27385, 68.782188, 68.029846 ] }, { "date": "2023-10-13", "close": 72.29908, "volume": 121000, "typical_volume": 313575.0, "trend": 67.821526, "fair_value": 49.25115, "relative_strength": 0.425286, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.23258, "energy": 65.01706, "activity_lines": [ 71.987851, 70.789869, 69.261611, 68.331297 ] }, { "date": "2023-10-20", "close": 79.624107, "volume": 882000, "typical_volume": 347555.0, "trend": 68.246508, "fair_value": 49.615202, "relative_strength": 12.700197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.781117, "energy": 82.275175, "activity_lines": [ 74.677333, 72.565283, 70.394258, 69.092754 ] }, { "date": "2023-10-27", "close": 77.340981, "volume": 309000, "typical_volume": 350300.0, "trend": 68.564306, "fair_value": 49.962227, "relative_strength": 11.453245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.314577, "energy": 80.166963, "activity_lines": [ 75.914027, 73.70148, 71.243103, 69.679494 ] }, { "date": "2023-11-03", "close": 81.431587, "volume": 351000, "typical_volume": 342165.0, "trend": 68.911098, "fair_value": 50.339061, "relative_strength": 14.525565, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.907066, "energy": 87.492539, "activity_lines": [ 78.121051, 75.420408, 72.417159, 70.509642 ] }, { "date": "2023-11-10", "close": 79.433853, "volume": 209000, "typical_volume": 347830.0, "trend": 69.027431, "fair_value": 50.703088, "relative_strength": 10.41948, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.850062, "energy": 82.659886, "activity_lines": [ 79.097723, 76.543802, 73.309842, 71.188529 ] }, { "date": "2023-11-17", "close": 78.482544, "volume": 97000, "typical_volume": 345805.0, "trend": 69.309824, "fair_value": 51.062692, "relative_strength": 5.584919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.846589, "energy": 74.96767, "activity_lines": [ 79.249931, 77.275129, 74.035166, 71.798536 ] }, { "date": "2023-11-24", "close": 78.577675, "volume": 131000, "typical_volume": 337285.0, "trend": 69.657545, "fair_value": 51.421471, "relative_strength": 4.973983, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.344211, "energy": 55.76654, "activity_lines": [ 79.021618, 77.851227, 74.695709, 72.396462 ] }, { "date": "2023-12-01", "close": 79.909508, "volume": 125000, "typical_volume": 298325.0, "trend": 70.060961, "fair_value": 51.777308, "relative_strength": 5.544325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.950678, "energy": 51.730917, "activity_lines": [ 79.307011, 78.499844, 75.413237, 73.057879 ] }, { "date": "2023-12-08", "close": 79.14846, "volume": 104000, "typical_volume": 276190.0, "trend": 70.543545, "fair_value": 52.142615, "relative_strength": 4.634662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.730383, "energy": 46.323145, "activity_lines": [ 79.167487, 78.85615, 75.992582, 73.644169 ] }, { "date": "2023-12-15", "close": 77.626373, "volume": 134000, "typical_volume": 237515.0, "trend": 70.972567, "fair_value": 52.484534, "relative_strength": 1.037019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.689452, "energy": 36.099378, "activity_lines": [ 78.672808, 78.823287, 76.376592, 74.101126 ] }, { "date": "2023-12-22", "close": 78.006897, "volume": 175000, "typical_volume": 233835.0, "trend": 71.473605, "fair_value": 52.843241, "relative_strength": 2.258047, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.930519, "energy": 33.061464, "activity_lines": [ 78.42547, 78.754101, 76.76542, 74.554954 ] }, { "date": "2023-12-29", "close": 77.340981, "volume": 68000, "typical_volume": 219800.0, "trend": 71.862036, "fair_value": 53.198397, "relative_strength": -0.046946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.433161, "energy": 26.352265, "activity_lines": [ 77.987869, 78.460062, 77.044679, 74.933494 ] }, { "date": "2024-01-05", "close": 76.294556, "volume": 155000, "typical_volume": 215175.0, "trend": 72.277743, "fair_value": 53.547802, "relative_strength": 1.238429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.937794, "energy": 18.987758, "activity_lines": [ 77.283907, 78.017275, 77.176456, 75.219463 ] }, { "date": "2024-01-12", "close": 74.391945, "volume": 118000, "typical_volume": 210515.0, "trend": 72.680885, "fair_value": 53.870661, "relative_strength": -0.862148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.80567, "energy": 15.674998, "activity_lines": [ 76.186737, 77.247584, 77.089845, 75.355863 ] }, { "date": "2024-01-19", "close": 72.964981, "volume": 54000, "typical_volume": 206450.0, "trend": 73.002557, "fair_value": 54.197766, "relative_strength": -3.524937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.44714, "energy": 18.621089, "activity_lines": [ 74.931014, 76.346439, 76.840012, 75.374192 ] }, { "date": "2024-01-26", "close": 73.440643, "volume": 29000, "typical_volume": 198495.0, "trend": 73.351387, "fair_value": 54.531746, "relative_strength": -4.40975, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.234398, "energy": 24.107091, "activity_lines": [ 74.144604, 75.649394, 76.6089, 75.402456 ] }, { "date": "2024-02-02", "close": 72.489326, "volume": 96000, "typical_volume": 196915.0, "trend": 73.637427, "fair_value": 54.860106, "relative_strength": -5.885438, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.953498, "energy": 53.565621, "activity_lines": [ 73.345506, 74.871052, 76.26601, 75.346839 ] }, { "date": "2024-02-09", "close": 73.250381, "volume": 15000, "typical_volume": 173950.0, "trend": 73.875379, "fair_value": 55.184018, "relative_strength": -5.006634, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.475121, "energy": 57.236278, "activity_lines": [ 73.123536, 74.341782, 75.980166, 75.321868 ] }, { "date": "2024-02-16", "close": 74.011429, "volume": 53000, "typical_volume": 166500.0, "trend": 74.056765, "fair_value": 55.515918, "relative_strength": -6.498033, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.133098, "energy": 46.800854, "activity_lines": [ 73.358194, 74.07196, 75.758196, 75.330646 ] }, { "date": "2024-02-23", "close": 74.011429, "volume": 65000, "typical_volume": 164550.0, "trend": 74.156218, "fair_value": 55.851643, "relative_strength": -7.660186, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.332717, "energy": 29.594848, "activity_lines": [ 73.61822, 73.895537, 75.531243, 75.327721 ] }, { "date": "2024-03-01", "close": 72.679604, "volume": 176000, "typical_volume": 167300.0, "trend": 74.301686, "fair_value": 56.178593, "relative_strength": -9.248166, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.811733, "energy": 30.224511, "activity_lines": [ 73.364541, 73.542691, 75.16703, 75.232455 ] }, { "date": "2024-03-08", "close": 64.212997, "volume": 423000, "typical_volume": 144350.0, "trend": 74.198837, "fair_value": 56.454139, "relative_strength": -22.776292, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -63.636715, "energy": 68.918697, "activity_lines": [ 70.339395, 71.747322, 73.994662, 74.581572 ] }, { "date": "2024-03-15", "close": 64.783775, "volume": 302000, "typical_volume": 144000.0, "trend": 74.07546, "fair_value": 56.718038, "relative_strength": -21.319684, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.563446, "energy": 91.252382, "activity_lines": [ 68.056264, 70.294421, 72.95004, 73.974149 ] }, { "date": "2024-03-22", "close": 64.212997, "volume": 83000, "typical_volume": 130600.0, "trend": 73.927406, "fair_value": 56.991193, "relative_strength": -23.757444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.132623, "energy": 92.183129, "activity_lines": [ 66.147314, 68.94703, 71.910854, 73.337861 ] }, { "date": "2024-03-29", "close": 64.783775, "volume": 36000, "typical_volume": 121950.0, "trend": 73.840758, "fair_value": 57.268006, "relative_strength": -22.945238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.64942, "energy": 89.061233, "activity_lines": [ 65.081852, 67.888488, 71.008022, 72.747949 ] }, { "date": "2024-04-05", "close": 63.927597, "volume": 205000, "typical_volume": 127350.0, "trend": 73.67189, "fair_value": 57.538135, "relative_strength": -23.649371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.190243, "energy": 87.626583, "activity_lines": [ 64.346175, 66.823026, 70.09341, 72.10839 ] }, { "date": "2024-04-12", "close": 63.356823, "volume": 170000, "typical_volume": 129300.0, "trend": 73.47552, "fair_value": 57.804606, "relative_strength": -25.188597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.960382, "energy": 73.40895, "activity_lines": [ 64.003706, 65.826752, 69.193749, 71.442902 ] }, { "date": "2024-04-19", "close": 62.405518, "volume": 38000, "typical_volume": 124950.0, "trend": 73.174274, "fair_value": 58.037715, "relative_strength": -21.269203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.070215, "energy": 67.344801, "activity_lines": [ 63.401215, 64.823559, 68.275968, 70.728709 ] }, { "date": "2024-04-26", "close": 55.460999, "volume": 356000, "typical_volume": 137550.0, "trend": 72.590808, "fair_value": 58.22583, "relative_strength": -31.569477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.658694, "energy": 74.511955, "activity_lines": [ 60.642434, 62.754905, 66.780156, 69.585917 ] }, { "date": "2024-05-03", "close": 54.224304, "volume": 157000, "typical_volume": 138700.0, "trend": 72.004171, "fair_value": 58.398843, "relative_strength": -33.252972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.260915, "energy": 83.964325, "activity_lines": [ 58.054888, 60.798678, 65.279361, 68.400981 ] }, { "date": "2024-05-10", "close": 55.460999, "volume": 164000, "typical_volume": 138150.0, "trend": 71.442901, "fair_value": 58.580022, "relative_strength": -32.49328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.630087, "energy": 82.927817, "activity_lines": [ 56.583538, 59.427071, 64.007785, 67.333679 ] }, { "date": "2024-05-17", "close": 54.509697, "volume": 117000, "typical_volume": 140600.0, "trend": 70.605754, "fair_value": 58.752473, "relative_strength": -34.912508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.293372, "energy": 84.395847, "activity_lines": [ 55.359527, 58.195565, 62.75297, 66.241215 ] }, { "date": "2024-05-24", "close": 48.326225, "volume": 655000, "typical_volume": 165600.0, "trend": 69.638596, "fair_value": 58.900831, "relative_strength": -42.6764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.861095, "energy": 86.597819, "activity_lines": [ 52.664168, 56.016216, 61.017973, 64.803826 ] }, { "date": "2024-05-31", "close": 54.41457, "volume": 2664000, "typical_volume": 292900.0, "trend": 68.738029, "fair_value": 59.087021, "relative_strength": -33.818877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.85137, "energy": 61.316841, "activity_lines": [ 52.936876, 55.243066, 59.996002, 63.82163 ] }, { "date": "2024-06-07", "close": 50.228828, "volume": 859000, "typical_volume": 333150.0, "trend": 67.764528, "fair_value": 59.239444, "relative_strength": -40.384394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.668529, "energy": 64.880226, "activity_lines": [ 51.884099, 53.887025, 58.670518, 62.627488 ] }, { "date": "2024-06-14", "close": 48.13596, "volume": 224000, "typical_volume": 342900.0, "trend": 66.752975, "fair_value": 59.372712, "relative_strength": -44.100807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.591608, "energy": 68.889535, "activity_lines": [ 50.400065, 52.415099, 57.253981, 61.361129 ] }, { "date": "2024-06-21", "close": 47.850571, "volume": 1222000, "typical_volume": 399200.0, "trend": 65.728738, "fair_value": 59.490518, "relative_strength": -45.779074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.847526, "energy": 64.873085, "activity_lines": [ 49.309236, 51.178404, 55.930763, 60.141619 ] }, { "date": "2024-06-28", "close": 48.516487, "volume": 344000, "typical_volume": 415650.0, "trend": 64.682304, "fair_value": 59.61642, "relative_strength": -44.038284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.731874, "energy": 63.921355, "activity_lines": [ 48.884322, 50.344717, 54.788293, 59.031151 ] }, { "date": "2024-07-05", "close": 52.60709, "volume": 698000, "typical_volume": 447900.0, "trend": 63.797592, "fair_value": 59.765674, "relative_strength": -40.181065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.539193, "energy": 54.21286, "activity_lines": [ 49.810257, 50.507303, 54.153185, 58.252105 ] }, { "date": "2024-07-12", "close": 51.840744, "volume": 370000, "typical_volume": 463150.0, "trend": 62.938071, "fair_value": 59.916233, "relative_strength": -41.440591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.513745, "energy": 42.825016, "activity_lines": [ 50.601243, 50.582443, 53.547016, 57.480696 ] }, { "date": "2024-07-19", "close": 50.193466, "volume": 194000, "typical_volume": 464050.0, "trend": 62.010957, "fair_value": 60.05145, "relative_strength": -40.134282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.570578, "energy": 36.547841, "activity_lines": [ 50.735675, 50.401416, 52.889539, 56.658463 ] }, { "date": "2024-07-26", "close": 50.096573, "volume": 154000, "typical_volume": 450600.0, "trend": 61.10281, "fair_value": 60.172175, "relative_strength": -37.620885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.143638, "energy": 33.449313, "activity_lines": [ 50.700642, 50.298545, 52.32991, 55.889793 ] }, { "date": "2024-08-02", "close": 48.643093, "volume": 138000, "typical_volume": 442400.0, "trend": 60.181094, "fair_value": 60.274495, "relative_strength": -37.485374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.421142, "energy": 38.268768, "activity_lines": [ 50.031382, 50.011643, 51.699077, 55.085941 ] }, { "date": "2024-08-09", "close": 48.546192, "volume": 264000, "typical_volume": 451450.0, "trend": 59.319569, "fair_value": 60.37715, "relative_strength": -36.509878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.05837, "energy": 42.657102, "activity_lines": [ 49.321382, 49.701362, 51.135874, 54.335302 ] }, { "date": "2024-08-16", "close": 48.1586, "volume": 107000, "typical_volume": 455000.0, "trend": 58.49269, "fair_value": 60.450059, "relative_strength": -38.828517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.451603, "energy": 43.290599, "activity_lines": [ 48.752911, 49.427308, 50.610362, 53.615239 ] }, { "date": "2024-08-23", "close": 49.321381, "volume": 78000, "typical_volume": 448650.0, "trend": 57.688714, "fair_value": 60.541899, "relative_strength": -36.134451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.600941, "energy": 41.141994, "activity_lines": [ 48.817509, 49.402308, 50.274759, 53.023542 ] }, { "date": "2024-08-30", "close": 54.360104, "volume": 296000, "typical_volume": 454950.0, "trend": 57.084407, "fair_value": 60.672258, "relative_strength": -29.331058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.284297, "energy": 21.873198, "activity_lines": [ 50.619821, 50.271887, 50.488587, 52.808793 ] }, { "date": "2024-09-06", "close": 57.267063, "volume": 3386000, "typical_volume": 622350.0, "trend": 56.55163, "fair_value": 60.768159, "relative_strength": -22.011988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.680046, "energy": 14.3358, "activity_lines": [ 53.106884, 51.551649, 51.02211, 52.820577 ] }, { "date": "2024-09-13", "close": 64.146866, "volume": 2439000, "typical_volume": 726500.0, "trend": 56.222811, "fair_value": 60.913902, "relative_strength": -13.389011, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 43.610795, "energy": 42.737578, "activity_lines": [ 57.312284, 53.923183, 52.235322, 53.310592 ] }, { "date": "2024-09-20", "close": 65.018951, "volume": 2619000, "typical_volume": 849600.0, "trend": 55.923062, "fair_value": 61.082615, "relative_strength": -13.089692, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.785124, "energy": 66.976326, "activity_lines": [ 60.768333, 56.243463, 53.490227, 53.878085 ] }, { "date": "2024-09-27", "close": 69.766983, "volume": 1251000, "typical_volume": 903950.0, "trend": 55.825974, "fair_value": 61.279342, "relative_strength": -8.723266, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.139765, "energy": 79.864516, "activity_lines": [ 64.683036, 59.187419, 55.145924, 54.771242 ] }, { "date": "2024-10-04", "close": 68.119705, "volume": 2327000, "typical_volume": 1014450.0, "trend": 55.956198, "fair_value": 61.465024, "relative_strength": -8.117892, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.746054, "energy": 77.692229, "activity_lines": [ 66.685607, 61.475987, 56.576612, 55.564385 ] }, { "date": "2024-10-11", "close": 68.313507, "volume": 659000, "typical_volume": 1014650.0, "trend": 56.073856, "fair_value": 61.663578, "relative_strength": -9.573058, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.414433, "energy": 84.652501, "activity_lines": [ 67.835471, 63.472098, 57.960949, 56.361631 ] }, { "date": "2024-10-18", "close": 63.468575, "volume": 631000, "typical_volume": 913000.0, "trend": 56.049042, "fair_value": 61.824776, "relative_strength": -17.045777, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.493651, "energy": 65.394198, "activity_lines": [ 66.633929, 64.229669, 58.788686, 56.83871 ] }, { "date": "2024-10-25", "close": 62.499592, "volume": 406000, "typical_volume": 890350.0, "trend": 55.972902, "fair_value": 61.982669, "relative_strength": -16.78676, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.519042, "energy": 46.970294, "activity_lines": [ 65.154612, 64.539745, 59.481025, 57.254874 ] }, { "date": "2024-11-01", "close": 60.367821, "volume": 240000, "typical_volume": 891150.0, "trend": 55.854243, "fair_value": 62.108485, "relative_strength": -16.479798, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.510644, "energy": 30.595134, "activity_lines": [ 63.132661, 64.201481, 59.911905, 57.538418 ] }, { "date": "2024-11-08", "close": 65.018951, "volume": 1016000, "typical_volume": 880850.0, "trend": 55.909647, "fair_value": 62.288342, "relative_strength": -11.932042, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.594898, "energy": 25.292757, "activity_lines": [ 63.287698, 64.508033, 60.727504, 58.129689 ] }, { "date": "2024-11-15", "close": 58.914341, "volume": 404000, "typical_volume": 883850.0, "trend": 55.793275, "fair_value": 62.417439, "relative_strength": -16.343501, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.721054, "energy": 21.754117, "activity_lines": [ 61.614582, 63.510858, 60.879956, 58.32354 ] }, { "date": "2024-11-22", "close": 58.332951, "volume": 237109, "typical_volume": 860805.45, "trend": 55.889006, "fair_value": 62.537479, "relative_strength": -16.719626, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.515727, "energy": 19.871153, "activity_lines": [ 60.37428, 62.378026, 60.927525, 58.48739 ] }, { "date": "2024-11-29", "close": 57.654659, "volume": 115000, "typical_volume": 848055.45, "trend": 56.003352, "fair_value": 62.657532, "relative_strength": -14.240362, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.828856, "energy": 16.47228, "activity_lines": [ 59.250256, 61.227575, 60.883228, 58.601303 ] }, { "date": "2024-12-06", "close": 59.495735, "volume": 286000, "typical_volume": 852655.45, "trend": 56.137843, "fair_value": 62.783087, "relative_strength": -13.964265, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.175104, "energy": 16.140846, "activity_lines": [ 59.06292, 60.545762, 60.986587, 58.826618 ] }, { "date": "2024-12-13", "close": 59.301937, "volume": 375000, "typical_volume": 863705.45, "trend": 56.297584, "fair_value": 62.913215, "relative_strength": -12.576797, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.156209, "energy": 14.834118, "activity_lines": [ 58.869123, 60.015462, 61.027192, 59.030754 ] }, { "date": "2024-12-20", "close": 60.077126, "volume": 137000, "typical_volume": 863655.45, "trend": 56.689281, "fair_value": 63.032807, "relative_strength": -8.371546, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.200693, "energy": 11.025019, "activity_lines": [ 59.314857, 59.78643, 61.09779, 59.274595 ] }, { "date": "2024-12-27", "close": 60.077126, "volume": 602000, "typical_volume": 880555.45, "trend": 56.878033, "fair_value": 63.146585, "relative_strength": -10.35961, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.095293, "energy": 7.601963, "activity_lines": [ 59.683072, 59.707149, 61.11394, 59.493166 ] }, { "date": "2025-01-03", "close": 60.27092, "volume": 158000, "typical_volume": 883105.45, "trend": 57.212769, "fair_value": 63.258213, "relative_strength": -7.563962, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.397899, "energy": 13.126982, "activity_lines": [ 59.999606, 59.724766, 61.093637, 59.712062 ] }, { "date": "2025-01-10", "close": 56.29808, "volume": 233000, "typical_volume": 890855.45, "trend": 57.48484, "fair_value": 63.337107, "relative_strength": -12.986531, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.051066, "energy": 5.147524, "activity_lines": [ 58.817443, 59.060571, 60.637291, 59.653049 ] }, { "date": "2025-01-17", "close": 56.29808, "volume": 135000, "typical_volume": 882805.45, "trend": 57.766423, "fair_value": 63.387899, "relative_strength": -12.484254, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.235545, "energy": 18.031635, "activity_lines": [ 57.848457, 58.47037, 60.147722, 59.576484 ] }, { "date": "2025-01-24", "close": 56.104282, "volume": 41000, "typical_volume": 715555.45, "trend": 58.01935, "fair_value": 63.437448, "relative_strength": -13.165056, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.806729, "energy": 34.123644, "activity_lines": [ 57.015129, 58.003495, 59.630469, 59.469249 ] }, { "date": "2025-02-07", "close": 59.011238, "volume": 84090, "typical_volume": 597809.95, "trend": 58.232821, "fair_value": 63.492065, "relative_strength": -7.51077, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.52676, "energy": 30.87175, "activity_lines": [ 57.415643, 58.116249, 59.395605, 59.533242 ] }, { "date": "2025-02-14", "close": 67.732117, "volume": 2344839, "typical_volume": 584101.9, "trend": 58.762534, "fair_value": 63.615667, "relative_strength": 8.51267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.81287, "energy": 21.65005, "activity_lines": [ 60.794175, 59.802285, 60.015756, 60.1461 ] }, { "date": "2025-02-21", "close": 67.053825, "volume": 1571973, "typical_volume": 600150.55, "trend": 59.324546, "fair_value": 63.672418, "relative_strength": 5.679358, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.730356, "energy": 46.294757, "activity_lines": [ 63.449197, 61.181769, 60.558388, 60.681022 ] }, { "date": "2025-02-28", "close": 74.515022, "volume": 5864824, "typical_volume": 777041.75, "trend": 60.138494, "fair_value": 63.768275, "relative_strength": 21.486944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.78067, "energy": 75.714276, "activity_lines": [ 67.874235, 63.780414, 61.82453, 61.661053 ] }, { "date": "2025-03-07", "close": 69.379387, "volume": 4189767, "typical_volume": 953580.1, "trend": 60.829704, "fair_value": 63.834119, "relative_strength": 16.146707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.411883, "energy": 71.982827, "activity_lines": [ 69.372931, 65.168706, 62.571111, 62.257239 ] }, { "date": "2025-03-14", "close": 62.984081, "volume": 1132585, "typical_volume": 978659.35, "trend": 61.310967, "fair_value": 63.886586, "relative_strength": 8.657614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.599121, "energy": 64.671483, "activity_lines": [ 67.854852, 65.225083, 62.703539, 62.396231 ] }, { "date": "2025-03-21", "close": 61.7244, "volume": 602365, "typical_volume": 988477.6, "trend": 61.76316, "fair_value": 63.912081, "relative_strength": 5.723387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.27556, "energy": 34.059859, "activity_lines": [ 65.652024, 64.999574, 62.718304, 62.422905 ] }, { "date": "2025-03-28", "close": 59.883327, "volume": 516507, "typical_volume": 1002302.95, "trend": 62.115225, "fair_value": 63.925774, "relative_strength": 5.759526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.326321, "energy": 13.928194, "activity_lines": [ 63.236018, 64.412897, 62.56142, 62.301625 ] }, { "date": "2025-04-04", "close": 59.980225, "volume": 357681, "typical_volume": 969387.0, "trend": 62.302562, "fair_value": 63.936697, "relative_strength": 7.743212, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.473822, "energy": 19.094946, "activity_lines": [ 61.330345, 63.778651, 62.416072, 62.163883 ] }, { "date": "2025-04-11", "close": 50.968658, "volume": 739270, "typical_volume": 986150.5, "trend": 62.092616, "fair_value": 63.853998, "relative_strength": 0.244638, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.144265, "energy": 39.999434, "activity_lines": [ 57.389803, 61.43899, 61.436474, 61.432663 ] }, { "date": "2025-04-18", "close": 50.484161, "volume": 252010, "typical_volume": 986895.55, "trend": 61.637192, "fair_value": 63.742999, "relative_strength": 0.311591, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.551947, "energy": 67.507346, "activity_lines": [ 54.515144, 59.104615, 60.448569, 60.683731 ] }, { "date": "2025-04-25", "close": 51.646946, "volume": 228161, "typical_volume": 992553.6, "trend": 61.191459, "fair_value": 63.676762, "relative_strength": 0.600268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.205039, "energy": 71.490688, "activity_lines": [ 52.861408, 57.136692, 59.608781, 60.039199 ] }, { "date": "2025-05-02", "close": 51.937641, "volume": 125100, "typical_volume": 984508.6, "trend": 60.597147, "fair_value": 63.594461, "relative_strength": -3.099995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.639129, "energy": 70.657614, "activity_lines": [ 51.976401, 55.514081, 58.825287, 59.442178 ] }, { "date": "2025-05-09", "close": 54.941498, "volume": 349100, "typical_volume": 983213.6, "trend": 60.157874, "fair_value": 63.559033, "relative_strength": 1.910532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.045189, "energy": 59.542551, "activity_lines": [ 52.622391, 54.712465, 58.363865, 59.077298 ] }, { "date": "2025-05-16", "close": 53.68182, "volume": 293020, "typical_volume": 991014.6, "trend": 59.670151, "fair_value": 63.521344, "relative_strength": -4.502104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.084023, "energy": 41.100735, "activity_lines": [ 53.184405, 54.037699, 57.803237, 58.659488 ] }, { "date": "2025-05-23", "close": 53.584919, "volume": 120000, "typical_volume": 966914.6, "trend": 59.340696, "fair_value": 63.492725, "relative_strength": -3.767369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.476198, "energy": 35.046377, "activity_lines": [ 53.53324, 53.630725, 57.263835, 58.266892 ] }, { "date": "2025-05-30", "close": 55.522888, "volume": 1304000, "typical_volume": 1024214.6, "trend": 59.108139, "fair_value": 63.503662, "relative_strength": 0.865836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.166376, "energy": 25.434949, "activity_lines": [ 54.321348, 53.747003, 56.939917, 58.020582 ] }, { "date": "2025-06-06", "close": 56.20118, "volume": 379000, "typical_volume": 1031514.6, "trend": 58.969251, "fair_value": 63.519431, "relative_strength": 0.602446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.603435, "energy": 21.470007, "activity_lines": [ 55.077156, 54.099362, 56.703207, 57.833036 ] }, { "date": "2025-06-13", "close": 58.817444, "volume": 1135137, "typical_volume": 1081521.45, "trend": 58.762534, "fair_value": 63.518539, "relative_strength": 3.03731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.522567, "energy": 17.484122, "activity_lines": [ 56.420817, 54.994353, 56.716127, 57.823242 ] }, { "date": "2025-06-20", "close": 56.491875, "volume": 297811, "typical_volume": 1094362.0, "trend": 58.681785, "fair_value": 63.510977, "relative_strength": -1.225618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.528332, "energy": 19.167805, "activity_lines": [ 56.730892, 55.487654, 56.495568, 57.676748 ] }, { "date": "2025-06-27", "close": 64.243767, "volume": 1632601, "typical_volume": 1171787.55, "trend": 58.878812, "fair_value": 63.56425, "relative_strength": 9.033796, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.551325, "energy": 26.794262, "activity_lines": [ 59.437594, 57.289969, 57.011437, 58.035586 ] }, { "date": "2025-07-04", "close": 82.170006, "volume": 21434364, "typical_volume": 2126263.8, "trend": 59.69599, "fair_value": 63.733404, "relative_strength": 38.094418, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.738761, "energy": 67.23525, "activity_lines": [ 67.409119, 62.101425, 59.209651, 59.538243 ] }, { "date": "2025-07-11", "close": 91.103775, "volume": 4821498, "typical_volume": 2288740.05, "trend": 60.749592, "fair_value": 63.960795, "relative_strength": 49.805265, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.35024, "energy": 97.609783, "activity_lines": [ 76.582093, 67.982238, 62.189949, 61.564552 ] }, { "date": "2025-07-18", "close": 94.550941, "volume": 3320620, "typical_volume": 2161529.85, "trend": 61.924558, "fair_value": 64.19817, "relative_strength": 49.256287, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.157924, "energy": 97.810751, "activity_lines": [ 84.577282, 73.777697, 65.384024, 63.745284 ] }, { "date": "2025-07-25", "close": 96.126793, "volume": 27549465, "typical_volume": 3329514.75, "trend": 63.126214, "fair_value": 64.443709, "relative_strength": 49.824291, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.627483, "energy": 94.498868, "activity_lines": [ 90.715522, 79.139502, 68.632771, 65.95188 ] }, { "date": "2025-08-01", "close": 98.983017, "volume": 10302167, "typical_volume": 3787993.85, "trend": 64.423077, "fair_value": 64.703196, "relative_strength": 51.733573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.548178, "energy": 92.923064, "activity_lines": [ 95.163509, 84.248895, 72.026171, 68.265222 ] }, { "date": "2025-08-08", "close": 96.520752, "volume": 7853460, "typical_volume": 4150548.6, "trend": 65.631405, "fair_value": 64.942539, "relative_strength": 42.60044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.779817, "energy": 86.548096, "activity_lines": [ 96.474791, 88.085183, 75.013646, 70.33604 ] }, { "date": "2025-08-15", "close": 86.6717, "volume": 7242622, "typical_volume": 4486854.35, "trend": 66.643859, "fair_value": 65.106633, "relative_strength": 25.2892, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.238922, "energy": 66.000942, "activity_lines": [ 93.546339, 89.385318, 76.897419, 71.693478 ] }, { "date": "2025-08-22", "close": 84.701889, "volume": 3853415, "typical_volume": 4661641.05, "trend": 67.590652, "fair_value": 65.252287, "relative_strength": 24.194463, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.076151, "energy": 55.42161, "activity_lines": [ 90.256755, 89.773297, 78.466028, 72.858513 ] }, { "date": "2025-08-29", "close": 86.179245, "volume": 3216577, "typical_volume": 4785506.4, "trend": 68.593151, "fair_value": 65.409833, "relative_strength": 22.822108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.579441, "energy": 41.4497, "activity_lines": [ 88.116227, 89.959259, 80.057615, 74.057777 ] }, { "date": "2025-09-05", "close": 73.966415, "volume": 4911000, "typical_volume": 5018455.9, "trend": 69.091657, "fair_value": 65.49539, "relative_strength": 3.891933, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.936989, "energy": 27.862408, "activity_lines": [ 82.567925, 87.384937, 80.318405, 74.404439 ] }, { "date": "2025-09-12", "close": 72.686043, "volume": 1679278, "typical_volume": 5091011.75, "trend": 69.256788, "fair_value": 65.536446, "relative_strength": -1.952026, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.661122, "energy": 26.361442, "activity_lines": [ 78.260606, 84.401044, 80.345436, 74.636335 ] }, { "date": "2025-09-19", "close": 73.769432, "volume": 1001139, "typical_volume": 5134813.7, "trend": 69.480642, "fair_value": 65.598573, "relative_strength": -0.852279, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.299159, "energy": 24.329718, "activity_lines": [ 75.903397, 81.786567, 80.37546, 74.927473 ] }, { "date": "2025-09-26", "close": 69.041885, "volume": 1439480, "typical_volume": 5189332.7, "trend": 69.298204, "fair_value": 65.629852, "relative_strength": -7.068829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.269649, "energy": 25.375758, "activity_lines": [ 72.83049, 78.627705, 79.85128, 74.899166 ] }, { "date": "2025-10-03", "close": 68.943398, "volume": 629126, "typical_volume": 5206138.0, "trend": 69.283671, "fair_value": 65.692555, "relative_strength": -11.01261, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.091146, "energy": 29.017195, "activity_lines": [ 70.768755, 75.914738, 79.250576, 74.876275 ] }, { "date": "2025-10-10", "close": 68.943398, "volume": 518309, "typical_volume": 5226053.45, "trend": 69.482315, "fair_value": 65.774276, "relative_strength": -12.467837, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -9.943599, "energy": 34.73919, "activity_lines": [ 69.856076, 73.696015, 78.577198, 74.854322 ] }, { "date": "2025-10-17", "close": 65.89019, "volume": 722012, "typical_volume": 5196954.05, "trend": 69.621174, "fair_value": 65.820667, "relative_strength": -16.026819, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.817683, "energy": 54.365925, "activity_lines": [ 68.260529, 71.468337, 77.539903, 74.622572 ] }, { "date": "2025-10-24", "close": 64.511322, "volume": 357010, "typical_volume": 5195854.55, "trend": 69.775441, "fair_value": 65.85985, "relative_strength": -18.2742, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.895412, "energy": 60.190657, "activity_lines": [ 66.658416, 69.546876, 76.321918, 74.292904 ] }, { "date": "2025-10-31", "close": 62.935474, "volume": 671280, "typical_volume": 5172661.7, "trend": 69.873949, "fair_value": 65.884585, "relative_strength": -22.016211, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.44807, "energy": 63.314249, "activity_lines": [ 65.148228, 67.741813, 74.914281, 73.851616 ] }, { "date": "2025-11-07", "close": 59.882263, "volume": 784505, "typical_volume": 5196996.4, "trend": 70.171069, "fair_value": 65.891378, "relative_strength": -23.990158, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.219487, "energy": 71.038051, "activity_lines": [ 63.027397, 65.777373, 73.196252, 73.206991 ] }, { "date": "2025-11-14", "close": 58.897358, "volume": 706001, "typical_volume": 5150666.4, "trend": 70.451509, "fair_value": 65.8924, "relative_strength": -24.235168, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.998691, "energy": 77.362449, "activity_lines": [ 61.18234, 64.111987, 71.368278, 72.479655 ] }, { "date": "2025-11-21", "close": 57.32151, "volume": 646012, "typical_volume": 4111248.8, "trend": 70.640661, "fair_value": 65.883865, "relative_strength": -23.358108, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.560349, "energy": 79.912743, "activity_lines": [ 59.481736, 62.434066, 69.415683, 71.632558 ] }, { "date": "2025-11-28", "close": 60.670189, "volume": 1211030, "typical_volume": 3930725.4, "trend": 70.931746, "fair_value": 65.901685, "relative_strength": -22.193971, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.566932, "energy": 72.210344, "activity_lines": [ 59.468604, 61.64435, 67.900335, 70.989302 ] }, { "date": "2025-12-05", "close": 62.836979, "volume": 663060, "typical_volume": 3797847.4, "trend": 71.194929, "fair_value": 65.927962, "relative_strength": -20.248937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.5897, "energy": 78.805219, "activity_lines": [ 60.433811, 61.486765, 66.73627, 70.467059 ] }, { "date": "2025-12-12", "close": 61.852074, "volume": 502222, "typical_volume": 2445485.25, "trend": 71.467271, "fair_value": 65.935428, "relative_strength": -21.905168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.336709, "energy": 55.708884, "activity_lines": [ 61.077282, 61.262922, 65.629423, 69.864294 ] }, { "date": "2025-12-19", "close": 62.541508, "volume": 601333, "typical_volume": 1960443.55, "trend": 71.765824, "fair_value": 65.901675, "relative_strength": -19.428979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.204739, "energy": 42.247071, "activity_lines": [ 61.819244, 61.293365, 64.75145, 69.288439 ] }, { "date": "2025-12-26", "close": 61.556602, "volume": 150748, "typical_volume": 1575307.95, "trend": 71.966947, "fair_value": 65.825749, "relative_strength": -22.813357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.740278, "energy": 39.691036, "activity_lines": [ 61.989961, 61.261131, 63.953207, 68.629779 ] }, { "date": "2026-01-02", "close": 61.655094, "volume": 338944, "typical_volume": 1230124.05, "trend": 72.148745, "fair_value": 65.731981, "relative_strength": -24.531119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.155465, "energy": 38.282503, "activity_lines": [ 61.911169, 61.325598, 63.330841, 67.964498 ] }, { "date": "2026-01-09", "close": 61.064152, "volume": 367149, "typical_volume": 1055810.75, "trend": 72.223635, "fair_value": 65.664308, "relative_strength": -27.263041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.817189, "energy": 38.216722, "activity_lines": [ 61.569735, 61.334552, 62.771321, 67.249363 ] }, { "date": "2026-01-16", "close": 63.427925, "volume": 879815, "typical_volume": 938972.65, "trend": 72.454837, "fair_value": 65.598747, "relative_strength": -26.924393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.390921, "energy": 32.242565, "activity_lines": [ 62.134415, 61.807307, 62.549482, 66.681898 ] }, { "date": "2026-01-23", "close": 62.541508, "volume": 373256, "typical_volume": 712085.45, "trend": 72.398095, "fair_value": 65.57097, "relative_strength": -28.956917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.145857, "energy": 28.271183, "activity_lines": [ 62.298566, 62.054428, 62.351563, 66.042329 ] }, { "date": "2026-01-30", "close": 59.291321, "volume": 526867, "typical_volume": 654464.9, "trend": 71.635472, "fair_value": 65.520729, "relative_strength": -32.611644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.585676, "energy": 38.391928, "activity_lines": [ 61.379321, 61.644349, 61.898506, 65.19673 ] }, { "date": "2026-02-06", "close": 61.458115, "volume": 387040, "typical_volume": 623759.95, "trend": 70.647283, "fair_value": 65.489268, "relative_strength": -29.244266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.986722, "energy": 31.307637, "activity_lines": [ 61.333359, 61.592419, 61.715596, 64.540127 ] }, { "date": "2026-02-13", "close": 63.427925, "volume": 530158, "typical_volume": 578293.85, "trend": 69.609849, "fair_value": 65.472607, "relative_strength": -30.42911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.161813, "energy": 21.364622, "activity_lines": [ 61.957133, 61.884309, 61.778911, 64.074362 ] }, { "date": "2026-02-27", "close": 61.261131, "volume": 402500, "typical_volume": 566962.55, "trend": 68.44766, "fair_value": 65.433362, "relative_strength": -35.738494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.483918, "energy": 25.41997, "activity_lines": [ 61.701057, 61.771492, 61.662598, 63.535735 ] }, { "date": "2026-03-06", "close": 59.192829, "volume": 561285, "typical_volume": 569111.35, "trend": 67.121321, "fair_value": 65.36782, "relative_strength": -33.859197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.071474, "energy": 32.667218, "activity_lines": [ 60.9, 61.293365, 61.385886, 62.938649 ] }, { "date": "2026-03-13", "close": 61.16264, "volume": 549602, "typical_volume": 560490.85, "trend": 65.942717, "fair_value": 65.303495, "relative_strength": -30.628512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.501836, "energy": 25.518841, "activity_lines": [ 60.978792, 61.234271, 61.343207, 62.554218 ] }, { "date": "2026-03-20", "close": 62.836979, "volume": 527054, "typical_volume": 568993.05, "trend": 65.148226, "fair_value": 65.245556, "relative_strength": -28.516932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.913228, "energy": 14.564833, "activity_lines": [ 61.490942, 61.486764, 61.482501, 62.353847 ] }, { "date": "2026-03-27", "close": 72.292076, "volume": 1192002, "typical_volume": 595029.15, "trend": 64.734566, "fair_value": 65.283, "relative_strength": -16.323714, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.416881, "energy": 29.048125, "activity_lines": [ 65.062867, 63.436878, 62.530253, 62.814741 ] }, { "date": "2026-04-03", "close": 71.208679, "volume": 1309312, "typical_volume": 621269.5, "trend": 64.235547, "fair_value": 65.310782, "relative_strength": -15.847512, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.13433, "energy": 50.353022, "activity_lines": [ 67.682716, 64.985866, 63.430269, 63.232426 ] }, { "date": "2026-04-10", "close": 75.640755, "volume": 1193116, "typical_volume": 645625.25, "trend": 64.291358, "fair_value": 65.360998, "relative_strength": -17.374995, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.917103, "energy": 68.136288, "activity_lines": [ 71.116754, 67.199217, 64.698452, 63.968246 ] }, { "date": "2026-04-17", "close": 78.989433, "volume": 1141983, "typical_volume": 670423.8, "trend": 64.501471, "fair_value": 65.412034, "relative_strength": -16.680146, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.306238, "energy": 85.728226, "activity_lines": [ 74.57049, 69.783252, 66.205827, 64.916508 ] }, { "date": "2026-04-24", "close": 81.845657, "volume": 1151140, "typical_volume": 667429.3, "trend": 64.770679, "fair_value": 65.449866, "relative_strength": -18.080088, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.723931, "energy": 90.13754, "activity_lines": [ 77.787848, 72.528452, 67.882042, 66.035488 ] }, { "date": "2026-05-01", "close": 85.982269, "volume": 1247266, "typical_volume": 696639.6, "trend": 65.335358, "fair_value": 65.552247, "relative_strength": -13.674638, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.264601, "energy": 92.129063, "activity_lines": [ 81.116831, 75.655081, 69.851385, 67.403978 ] }, { "date": "2026-05-08", "close": 88.149055, "volume": 1124657, "typical_volume": 727761.35, "trend": 65.975547, "fair_value": 65.680472, "relative_strength": -16.957449, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.556727, "energy": 92.078276, "activity_lines": [ 84.255396, 78.765592, 71.916873, 68.875829 ] }, { "date": "2026-05-15", "close": 106.369812, "volume": 7546903, "typical_volume": 1075039.85, "trend": 67.223094, "fair_value": 65.927669, "relative_strength": 1.291292, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.206081, "energy": 95.777133, "activity_lines": [ 92.338189, 84.700096, 75.592447, 71.481911 ] }, { "date": "2026-05-22", "close": 143.303772, "volume": 12888447, "typical_volume": 1711924.8, "trend": 69.803547, "fair_value": 66.431726, "relative_strength": 31.99635, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.166691, "energy": 98.830778, "activity_lines": [ 110.683698, 96.492103, 82.576835, 76.390342 ] }, { "date": "2026-05-29", "close": 155.122635, "volume": 9663227, "typical_volume": 2178138.95, "trend": 72.823924, "fair_value": 67.011001, "relative_strength": 34.012917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.717675, "energy": 98.899589, "activity_lines": [ 128.681205, 108.939518, 90.297557, 81.894799 ] }, { "date": "2026-06-05", "close": 135.916977, "volume": 3895000, "typical_volume": 2354531.5, "trend": 75.256641, "fair_value": 67.478573, "relative_strength": 16.182207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.649714, "energy": 88.643522, "activity_lines": [ 135.391695, 116.217075, 95.744085, 85.965319 ] }, { "date": "2026-06-12", "close": 121.635849, "volume": 3365478, "typical_volume": 2478814.65, "trend": 77.315094, "fair_value": 67.837213, "relative_strength": 5.972716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.214107, "energy": 79.237215, "activity_lines": [ 134.012828, 119.741247, 99.474063, 88.957526 ] }, { "date": "2026-06-19", "close": 119.666039, "volume": 1362771, "typical_volume": 2528290.4, "trend": 79.340716, "fair_value": 68.195179, "relative_strength": -0.829932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.692398, "energy": 65.11645, "activity_lines": [ 129.744904, 121.990414, 102.73926, 91.689845 ] }, { "date": "2026-06-26", "close": 116.218864, "volume": 1776423, "typical_volume": 2590768.2, "trend": 81.303961, "fair_value": 68.540827, "relative_strength": 0.371341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.066009, "energy": 50.584307, "activity_lines": [ 123.441507, 122.812362, 105.404133, 94.06908 ] }, { "date": "2026-07-03", "close": 135.916977, "volume": 4394669, "typical_volume": 2791149.65, "trend": 83.812188, "fair_value": 69.006226, "relative_strength": 11.791024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.404003, "energy": 45.118017, "activity_lines": [ 125.509809, 126.538886, 109.673934, 97.5925 ] }, { "date": "2026-07-10", "close": 123.605659, "volume": 1890370, "typical_volume": 2859160.25, "trend": 85.83781, "fair_value": 69.394879, "relative_strength": 5.579453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.885402, "energy": 36.921407, "activity_lines": [ 124.754715, 127.043874, 112.416661, 100.159821 ] }, { "date": "2026-07-17", "close": 130.0, "volume": 4449306, "typical_volume": 3061500.55, "trend": 88.109408, "fair_value": 69.818545, "relative_strength": 18.872247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.019667, "energy": 37.103444, "activity_lines": [ 126.951822, 128.027408, 115.481813, 103.008995 ] }, { "date": "2026-07-24", "close": 146.5, "volume": 23842980, "typical_volume": 4225585.3, "trend": 90.908024, "fair_value": 70.333853, "relative_strength": 31.620856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.435553, "energy": 47.815668, "activity_lines": [ 134.09132, 131.250016, 119.791066, 106.776129 ] }, { "date": "2026-07-31", "close": 117.0, "volume": 7861637, "typical_volume": 4591187.05, "trend": 92.756138, "fair_value": 70.644303, "relative_strength": 7.557902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.426908, "energy": 33.510621, "activity_lines": [ 129.608553, 128.379347, 120.875046, 108.459483 ] }, { "date": "2026-08-07", "close": 142.0, "volume": 6869749, "typical_volume": 4908321.8, "trend": 95.434301, "fair_value": 71.099253, "relative_strength": 28.265877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.259292, "energy": 37.617385, "activity_lines": [ 133.407044, 130.532383, 124.074087, 111.636506 ] }, { "date": "2026-08-14", "close": 128.5, "volume": 3858460, "typical_volume": 5041644.7, "trend": 97.682163, "fair_value": 71.485051, "relative_strength": 13.109563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.99006, "energy": 31.883039, "activity_lines": [ 132.3, 130.469468, 125.610446, 113.769777 ] } ], "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." } } }