{ "ticker": { "uuid": "49bdbf42-de8d-44ac-982f-8bb049ef3974", "symbol": "6239", "name": "Powertech Technology Inc.", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-21", "benchmark": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 68.014, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 7.568, "architecture_energy": 15.922, "architecture_maturity": 45.368, "architecture_confidence": 81.406, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 62.66, "rotation_up": 17.08, "upward_expansion": 40.8, "deceleration": 85.6, "rotation_down": 37.63, "downward_expansion": 32.46 }, "activity_lines": [ 265.473462, 276.442661, 286.611654, 273.006893 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 267.5, "trend_reference": 257.758791, "distance_from_trend": 0.037792, "trend_direction": "Improving", "fair_value": 154.85786, "distance_from_fair_value": 0.727391, "fair_value_direction": "Weakening", "relative_strength": -4.109684, "relative_strength_direction": "Weakening", "price_momentum": 0.122502, "excess_performance": -0.22323, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.037792, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.179337, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.727391, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.302492, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.041097, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.172271, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.122502, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.599321, "read": "Demand-led" } ], "volume": { "latest": 40597482, "relative_activity": 0.378311, "balance": 1.599321, "dry_up": 0.823142, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.187749, "annualized_volatility": 0.72555, "from_high_reference": -0.295173, "from_low_reference": 1.351449 }, "levels": { "trend_reference": 257.758791, "fair_value_reference": 154.85786, "structural_low": 181.917382, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.05808, "positive_rate": 0.9, "directional_follow_through": 0.9, "median_excess_return": 0.036924, "regime_survival": 0.5, "best_return": 0.40121, "worst_return": -0.024086, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.280255, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.086572, "regime_survival": 0.0, "best_return": 0.80397, "worst_return": -0.124272, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.546019, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.39994, "regime_survival": 0.0, "best_return": 1.205128, "worst_return": -0.222599, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.539543, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.19513, "regime_survival": 0.0, "best_return": 0.539543, "worst_return": 0.539543, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-02-28", "tenure": "Established", "return": -0.069091, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": 0.062992, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.011628, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": 0.018265, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-30", "tenure": "Developing", "return": 0.073394, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.056, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": -0.044835, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": 0.286325, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-28", "tenure": "Developing", "return": 0.121429, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": 0.11465, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-03-13", "tenure": "Developing", "return": 0.095368, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-22", "tenure": "Developing", "return": 0.404466, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-07-17", "tenure": "Developing", "return": -0.240106, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-21", "tenure": "Developing", "return": -0.024086, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 83.883316, "volume": 14141176, "typical_volume": 16522657.7, "trend": 80.227496, "fair_value": 74.352122, "relative_strength": 5.551987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.887678, "energy": 24.519955, "activity_lines": [ 86.035216, 87.503359, 85.923546, 83.573382 ] }, { "date": "2023-08-25", "close": 86.201019, "volume": 7741458, "typical_volume": 16580641.15, "trend": 80.860396, "fair_value": 74.446869, "relative_strength": 7.60925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.945979, "energy": 28.898169, "activity_lines": [ 85.507887, 87.203184, 86.166987, 83.958771 ] }, { "date": "2023-09-01", "close": 89.053596, "volume": 8057548, "typical_volume": 16265122.45, "trend": 81.357376, "fair_value": 74.585468, "relative_strength": 9.827469, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.703258, "energy": 24.752835, "activity_lines": [ 86.391195, 87.440786, 86.635821, 84.487364 ] }, { "date": "2023-09-08", "close": 92.262733, "volume": 15713526, "typical_volume": 16443535.45, "trend": 82.000293, "fair_value": 74.764996, "relative_strength": 13.915046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.062267, "energy": 38.07067, "activity_lines": [ 88.613822, 88.213949, 87.358375, 85.190936 ] }, { "date": "2023-09-15", "close": 94.045586, "volume": 18756344, "typical_volume": 16134749.4, "trend": 82.749952, "fair_value": 74.953585, "relative_strength": 13.351654, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.414203, "energy": 59.574531, "activity_lines": [ 90.848334, 89.227771, 88.168819, 85.968051 ] }, { "date": "2023-09-22", "close": 91.371307, "volume": 15059815, "typical_volume": 16490996.3, "trend": 83.343673, "fair_value": 75.129293, "relative_strength": 13.60374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.825672, "energy": 61.604555, "activity_lines": [ 91.609019, 89.624268, 88.641729, 86.524268 ] }, { "date": "2023-09-29", "close": 90.479881, "volume": 8149537, "typical_volume": 16523887.25, "trend": 83.885413, "fair_value": 75.287924, "relative_strength": 12.08582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.521669, "energy": 57.248326, "activity_lines": [ 91.573364, 89.859714, 88.969575, 86.984668 ] }, { "date": "2023-10-06", "close": 90.925598, "volume": 10270018, "typical_volume": 16511323.1, "trend": 84.430878, "fair_value": 75.447044, "relative_strength": 11.193609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.206681, "energy": 45.039908, "activity_lines": [ 91.401023, 90.223796, 89.28554, 87.438874 ] }, { "date": "2023-10-13", "close": 95.382729, "volume": 10158801, "typical_volume": 16321888.3, "trend": 85.136047, "fair_value": 75.661723, "relative_strength": 14.385402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.088373, "energy": 45.999407, "activity_lines": [ 92.589592, 91.437758, 89.974709, 88.145445 ] }, { "date": "2023-10-20", "close": 95.382729, "volume": 16135483, "typical_volume": 16327185.2, "trend": 85.799467, "fair_value": 75.864565, "relative_strength": 16.208293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.627986, "energy": 46.548042, "activity_lines": [ 93.570162, 92.436157, 90.599321, 88.806521 ] }, { "date": "2023-10-27", "close": 93.599876, "volume": 12381101, "typical_volume": 16238594.1, "trend": 86.386761, "fair_value": 76.052191, "relative_strength": 15.689827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.861294, "energy": 42.957668, "activity_lines": [ 93.867304, 92.927253, 91.003496, 89.309773 ] }, { "date": "2023-11-03", "close": 96.274155, "volume": 10768704, "typical_volume": 15909220.9, "trend": 87.046498, "fair_value": 76.252699, "relative_strength": 15.824015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.620205, "energy": 66.937082, "activity_lines": [ 94.907301, 93.727917, 91.61425, 89.94767 ] }, { "date": "2023-11-10", "close": 95.828438, "volume": 12719592, "typical_volume": 16008496.85, "trend": 87.635713, "fair_value": 76.45035, "relative_strength": 13.671507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.688868, "energy": 61.040439, "activity_lines": [ 95.412442, 94.264393, 92.139596, 90.514247 ] }, { "date": "2023-11-17", "close": 96.274155, "volume": 9321517, "typical_volume": 15843951.15, "trend": 88.342764, "fair_value": 76.667902, "relative_strength": 10.350964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.537841, "energy": 53.608618, "activity_lines": [ 95.739298, 94.758729, 92.66258, 91.071565 ] }, { "date": "2023-11-24", "close": 95.828438, "volume": 7856018, "typical_volume": 15470373.4, "trend": 88.982078, "fair_value": 76.875021, "relative_strength": 9.017794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.605374, "energy": 51.194631, "activity_lines": [ 95.858154, 95.099092, 93.102145, 91.554512 ] }, { "date": "2023-12-01", "close": 102.514153, "volume": 14085663, "typical_volume": 15328758.05, "trend": 89.774668, "fair_value": 77.107007, "relative_strength": 15.099046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.971292, "energy": 65.765512, "activity_lines": [ 98.175868, 96.622623, 94.135622, 92.427549 ] }, { "date": "2023-12-08", "close": 108.308426, "volume": 18337420, "typical_volume": 14955699.8, "trend": 90.749269, "fair_value": 77.373295, "relative_strength": 21.334913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.499844, "energy": 88.294647, "activity_lines": [ 101.83072, 98.997061, 95.668141, 93.623275 ] }, { "date": "2023-12-15", "close": 135.942673, "volume": 70136649, "typical_volume": 16608201.15, "trend": 92.608829, "fair_value": 77.813885, "relative_strength": 48.129647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.897548, "energy": 98.424163, "activity_lines": [ 113.894704, 106.071753, 99.760062, 96.538979 ] }, { "date": "2023-12-22", "close": 128.365555, "volume": 54944185, "typical_volume": 17494709.8, "trend": 94.160156, "fair_value": 78.158559, "relative_strength": 39.159287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.230707, "energy": 96.315194, "activity_lines": [ 120.758699, 110.950294, 102.926328, 98.845864 ] }, { "date": "2023-12-29", "close": 125.691254, "volume": 20999336, "typical_volume": 17786694.55, "trend": 95.524927, "fair_value": 78.509288, "relative_strength": 32.624274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.355368, "energy": 90.141664, "activity_lines": [ 124.591834, 114.742911, 105.624381, 100.880129 ] }, { "date": "2024-01-05", "close": 118.559845, "volume": 34212175, "typical_volume": 18790244.5, "trend": 96.693732, "fair_value": 78.815251, "relative_strength": 27.072834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.383022, "energy": 88.082651, "activity_lines": [ 124.056979, 116.687845, 107.450959, 102.366253 ] }, { "date": "2024-01-12", "close": 113.211281, "volume": 37696772, "typical_volume": 20288010.2, "trend": 97.559008, "fair_value": 79.09403, "relative_strength": 20.600166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.494003, "energy": 64.779815, "activity_lines": [ 120.669555, 117.206494, 108.603023, 103.431901 ] }, { "date": "2024-01-19", "close": 118.559845, "volume": 33822478, "typical_volume": 21576256.7, "trend": 98.630402, "fair_value": 79.404727, "relative_strength": 24.116037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.812222, "energy": 52.798662, "activity_lines": [ 118.73813, 118.389662, 110.135854, 104.786794 ] }, { "date": "2024-01-26", "close": 129.256973, "volume": 59615543, "typical_volume": 23771357.55, "trend": 100.016618, "fair_value": 79.778787, "relative_strength": 31.699754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.019269, "energy": 55.350233, "activity_lines": [ 121.531269, 121.104464, 112.546953, 106.762702 ] }, { "date": "2024-02-02", "close": 130.594101, "volume": 38203705, "typical_volume": 24743725.6, "trend": 101.475238, "fair_value": 80.159051, "relative_strength": 31.435055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.217798, "energy": 57.499136, "activity_lines": [ 124.710689, 123.462692, 114.909234, 108.735442 ] }, { "date": "2024-02-09", "close": 131.48555, "volume": 7176310, "typical_volume": 24349550.35, "trend": 102.810497, "fair_value": 80.511889, "relative_strength": 30.885742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.959179, "energy": 61.328991, "activity_lines": [ 127.860403, 125.350899, 117.182375, 110.671592 ] }, { "date": "2024-02-16", "close": 134.159821, "volume": 14664414, "typical_volume": 24675294.2, "trend": 104.179235, "fair_value": 80.91075, "relative_strength": 28.725145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.916654, "energy": 72.257442, "activity_lines": [ 131.039827, 127.198585, 119.519188, 112.694129 ] }, { "date": "2024-02-23", "close": 133.268402, "volume": 22455630, "typical_volume": 25284574.8, "trend": 105.518259, "fair_value": 81.293007, "relative_strength": 24.969833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.285137, "energy": 66.920968, "activity_lines": [ 132.525541, 128.414169, 121.563105, 114.570849 ] }, { "date": "2024-03-01", "close": 139.062668, "volume": 33360270, "typical_volume": 26444648.25, "trend": 107.369457, "fair_value": 81.696783, "relative_strength": 28.944585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.058553, "energy": 64.747837, "activity_lines": [ 134.962107, 130.731879, 123.957224, 116.735004 ] }, { "date": "2024-03-08", "close": 152.879791, "volume": 77858884, "typical_volume": 29530818.3, "trend": 109.621796, "fair_value": 82.203334, "relative_strength": 34.344063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.823244, "energy": 72.362807, "activity_lines": [ 141.350668, 135.3673, 127.459259, 119.671155 ] }, { "date": "2024-03-15", "close": 169.371201, "volume": 64083561, "typical_volume": 32115941.3, "trend": 112.471393, "fair_value": 82.818913, "relative_strength": 47.735605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.350784, "energy": 95.014706, "activity_lines": [ 151.750653, 142.506823, 132.25811, 123.525955 ] }, { "date": "2024-03-22", "close": 173.828339, "volume": 64643947, "typical_volume": 34809703.45, "trend": 115.392303, "fair_value": 83.457382, "relative_strength": 45.679362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.618226, "energy": 96.18446, "activity_lines": [ 161.110641, 149.532891, 137.120634, 127.484468 ] }, { "date": "2024-03-29", "close": 179.17691, "volume": 49610307, "typical_volume": 36654239.2, "trend": 118.396414, "fair_value": 84.108832, "relative_strength": 47.727339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.088934, "energy": 94.994832, "activity_lines": [ 169.608917, 156.429299, 142.12324, 131.599604 ] }, { "date": "2024-04-05", "close": 170.262619, "volume": 21973033, "typical_volume": 37286815.0, "trend": 120.99641, "fair_value": 84.712607, "relative_strength": 38.50118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.324262, "energy": 88.128009, "activity_lines": [ 172.075196, 160.602797, 145.879969, 134.945811 ] }, { "date": "2024-04-12", "close": 165.359772, "volume": 18105047, "typical_volume": 37799266.45, "trend": 123.37355, "fair_value": 85.273118, "relative_strength": 30.649589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.484051, "energy": 68.254228, "activity_lines": [ 170.827196, 163.139312, 148.817433, 137.807963 ] }, { "date": "2024-04-19", "close": 155.108368, "volume": 39753186, "typical_volume": 39082642.6, "trend": 125.498118, "fair_value": 85.739508, "relative_strength": 28.868541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.492004, "energy": 57.928143, "activity_lines": [ 165.330063, 163.179832, 150.447472, 139.855371 ] }, { "date": "2024-04-26", "close": 154.216934, "volume": 20003450, "typical_volume": 39165944.1, "trend": 127.622687, "fair_value": 86.202551, "relative_strength": 23.293387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.077937, "energy": 40.948476, "activity_lines": [ 160.48664, 162.628768, 151.742164, 141.708198 ] }, { "date": "2024-05-03", "close": 151.542648, "volume": 23809826, "typical_volume": 36849602.95, "trend": 129.643255, "fair_value": 86.646084, "relative_strength": 19.015799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.489088, "energy": 26.775799, "activity_lines": [ 156.059216, 161.226795, 152.56355, 143.251421 ] }, { "date": "2024-05-10", "close": 146.194077, "volume": 30978485, "typical_volume": 35651317.95, "trend": 131.336967, "fair_value": 87.055331, "relative_strength": 12.042687, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.396323, "energy": 27.982535, "activity_lines": [ 151.691219, 158.520095, 152.801263, 144.319216 ] }, { "date": "2024-05-17", "close": 150.65123, "volume": 20109402, "typical_volume": 35606821.25, "trend": 133.17925, "fair_value": 87.523924, "relative_strength": 11.746647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.719825, "energy": 24.472515, "activity_lines": [ 150.413509, 156.494125, 153.378568, 145.565297 ] }, { "date": "2024-05-24", "close": 154.216934, "volume": 18055388, "typical_volume": 34798981.9, "trend": 135.199819, "fair_value": 88.039046, "relative_strength": 12.018656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.146204, "energy": 20.420569, "activity_lines": [ 151.304937, 155.156984, 154.176608, 146.922567 ] }, { "date": "2024-05-31", "close": 158.674072, "volume": 39195219, "typical_volume": 34873904.25, "trend": 137.279816, "fair_value": 88.573271, "relative_strength": 16.535216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.412792, "energy": 14.774672, "activity_lines": [ 153.741506, 154.905764, 155.229341, 148.437035 ] }, { "date": "2024-06-07", "close": 160.902634, "volume": 23411204, "typical_volume": 34353340.55, "trend": 139.448956, "fair_value": 89.102844, "relative_strength": 13.651837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.646447, "energy": 26.591228, "activity_lines": [ 156.623786, 155.335269, 156.277829, 149.961088 ] }, { "date": "2024-06-14", "close": 169.816925, "volume": 21942571, "typical_volume": 32469691.95, "trend": 141.900381, "fair_value": 89.694293, "relative_strength": 15.645316, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.689118, "energy": 41.151219, "activity_lines": [ 161.853498, 157.717813, 157.973664, 151.920312 ] }, { "date": "2024-06-21", "close": 167.588364, "volume": 32244473, "typical_volume": 32171730.35, "trend": 144.292379, "fair_value": 90.257254, "relative_strength": 9.746953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.515428, "energy": 58.04485, "activity_lines": [ 164.7655, 159.703269, 159.264113, 153.577601 ] }, { "date": "2024-06-28", "close": 167.588364, "volume": 20944642, "typical_volume": 32860146.95, "trend": 146.461519, "fair_value": 90.820215, "relative_strength": 10.125562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.121314, "energy": 64.662437, "activity_lines": [ 166.548359, 161.648204, 160.378399, 155.080568 ] }, { "date": "2024-07-05", "close": 174.274063, "volume": 38548483, "typical_volume": 34054350.4, "trend": 148.660374, "fair_value": 91.433134, "relative_strength": 11.261528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.763608, "energy": 69.915799, "activity_lines": [ 169.668356, 164.581812, 161.9575, 156.874925 ] }, { "date": "2024-07-12", "close": 172.936905, "volume": 19479929, "typical_volume": 33905565.35, "trend": 149.893515, "fair_value": 92.032748, "relative_strength": 8.137391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.762101, "energy": 61.194546, "activity_lines": [ 171.302635, 166.907626, 163.218232, 158.441153 ] }, { "date": "2024-07-19", "close": 167.142639, "volume": 32153341, "typical_volume": 33845218.9, "trend": 151.186084, "fair_value": 92.581015, "relative_strength": 8.726132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.176643, "energy": 43.808636, "activity_lines": [ 170.203206, 167.79095, 163.738232, 159.554 ] }, { "date": "2024-07-26", "close": 168.479767, "volume": 20026076, "typical_volume": 30953578.5, "trend": 152.612368, "fair_value": 93.128385, "relative_strength": 12.592882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.778304, "energy": 38.10598, "activity_lines": [ 169.727773, 168.536505, 164.251863, 160.669722 ] }, { "date": "2024-08-02", "close": 132.71019, "volume": 59017368, "typical_volume": 30700268.85, "trend": 153.084046, "fair_value": 93.455931, "relative_strength": -9.641106, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -1.127237, "energy": 10.587889, "activity_lines": [ 157.269721, 162.454346, 161.284583, 159.38571 ] }, { "date": "2024-08-09", "close": 128.05368, "volume": 49143533, "typical_volume": 29925248.15, "trend": 153.578793, "fair_value": 93.729848, "relative_strength": -12.330036, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.253684, "energy": 40.437061, "activity_lines": [ 145.58471, 155.91658, 158.048401, 157.770848 ] }, { "date": "2024-08-16", "close": 135.969727, "volume": 25907640, "typical_volume": 28740114.8, "trend": 154.159122, "fair_value": 94.042135, "relative_strength": -10.819986, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.784288, "energy": 56.197341, "activity_lines": [ 139.61974, 151.37483, 155.784103, 156.634779 ] }, { "date": "2024-08-23", "close": 132.71019, "volume": 16725973, "typical_volume": 28477761.8, "trend": 154.274229, "fair_value": 94.353326, "relative_strength": -12.393932, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.080202, "energy": 67.592584, "activity_lines": [ 135.032736, 146.693762, 153.415122, 155.250977 ] }, { "date": "2024-08-30", "close": 135.504074, "volume": 13531222, "typical_volume": 28249070.55, "trend": 154.437895, "fair_value": 94.707175, "relative_strength": -11.175257, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.010085, "energy": 77.011121, "activity_lines": [ 133.672524, 143.195341, 151.491045, 154.039999 ] }, { "date": "2024-09-06", "close": 128.05368, "volume": 19486981, "typical_volume": 27235760.3, "trend": 154.3235, "fair_value": 94.990992, "relative_strength": -12.897173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.493668, "energy": 74.809044, "activity_lines": [ 132.027227, 138.925654, 148.999578, 152.337792 ] }, { "date": "2024-09-13", "close": 129.91629, "volume": 16690752, "typical_volume": 27070125.4, "trend": 154.182049, "fair_value": 95.266949, "relative_strength": -13.048494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.580627, "energy": 64.866587, "activity_lines": [ 131.313233, 135.713435, 146.814334, 150.763133 ] }, { "date": "2024-09-20", "close": 128.05368, "volume": 22610353, "typical_volume": 27010151.75, "trend": 154.008225, "fair_value": 95.533442, "relative_strength": -15.88567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.292536, "energy": 59.611721, "activity_lines": [ 129.854196, 132.969066, 144.567415, 149.077432 ] }, { "date": "2024-09-27", "close": 131.313232, "volume": 21061962, "typical_volume": 26514325.6, "trend": 153.74991, "fair_value": 95.840627, "relative_strength": -16.303443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.381721, "energy": 49.294689, "activity_lines": [ 130.009412, 131.6334, 142.742783, 147.613239 ] }, { "date": "2024-10-04", "close": 123.862839, "volume": 17741183, "typical_volume": 26395914.65, "trend": 152.782678, "fair_value": 96.109954, "relative_strength": -19.222476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.240292, "energy": 52.877466, "activity_lines": [ 127.774295, 129.594562, 140.27945, 145.685041 ] }, { "date": "2024-10-11", "close": 124.328491, "volume": 12464745, "typical_volume": 26116382.5, "trend": 151.281255, "fair_value": 96.404539, "relative_strength": -20.982977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.002895, "energy": 51.770712, "activity_lines": [ 126.470477, 128.451604, 137.988029, 143.849287 ] }, { "date": "2024-10-18", "close": 124.794144, "volume": 14005628, "typical_volume": 24856902.95, "trend": 149.646781, "fair_value": 96.707058, "relative_strength": -22.558756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.328476, "energy": 51.181687, "activity_lines": [ 125.570223, 127.545705, 135.883282, 142.140441 ] }, { "date": "2024-10-25", "close": 125.725433, "volume": 10535130, "typical_volume": 24213099.25, "trend": 147.865066, "fair_value": 97.032376, "relative_strength": -21.425257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.203443, "energy": 53.200514, "activity_lines": [ 125.321875, 126.868396, 134.028562, 140.597128 ] }, { "date": "2024-11-01", "close": 117.809395, "volume": 18297369, "typical_volume": 24030839.15, "trend": 146.116625, "fair_value": 97.31982, "relative_strength": -24.395396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.110333, "energy": 72.053479, "activity_lines": [ 122.590064, 124.938066, 131.587444, 138.658052 ] }, { "date": "2024-11-08", "close": 118.740692, "volume": 7840710, "typical_volume": 22810651.0, "trend": 144.562655, "fair_value": 97.598879, "relative_strength": -26.15525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.11504, "energy": 73.947935, "activity_lines": [ 121.068941, 123.447988, 129.482675, 136.891863 ] }, { "date": "2024-11-15", "close": 117.809395, "volume": 11333453, "typical_volume": 22330091.55, "trend": 143.319356, "fair_value": 97.875433, "relative_strength": -24.032738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.351604, "energy": 75.80386, "activity_lines": [ 119.578863, 122.093371, 127.52182, 135.165846 ] }, { "date": "2024-11-22", "close": 116.412445, "volume": 8184794, "typical_volume": 20811907.1, "trend": 142.059207, "fair_value": 98.136598, "relative_strength": -25.366032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.781361, "energy": 79.460577, "activity_lines": [ 118.05774, 120.671023, 125.664965, 133.429917 ] }, { "date": "2024-11-29", "close": 114.084198, "volume": 10198844, "typical_volume": 20347852.85, "trend": 140.810592, "fair_value": 98.379868, "relative_strength": -24.589471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.920183, "energy": 68.404128, "activity_lines": [ 116.319316, 119.070882, 123.861903, 131.625077 ] }, { "date": "2024-12-06", "close": 113.152893, "volume": 15086703, "typical_volume": 19494520.95, "trend": 139.709219, "fair_value": 98.623108, "relative_strength": -27.930995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.770932, "energy": 68.321287, "activity_lines": [ 115.046538, 117.555403, 122.250397, 129.84071 ] }, { "date": "2024-12-13", "close": 109.427696, "volume": 13510422, "typical_volume": 19168738.25, "trend": 138.335101, "fair_value": 98.848408, "relative_strength": -29.189451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.049993, "energy": 71.819254, "activity_lines": [ 112.842462, 115.692803, 120.541204, 127.887063 ] }, { "date": "2024-12-20", "close": 113.152893, "volume": 20913189, "typical_volume": 17263529.3, "trend": 136.9663, "fair_value": 99.095113, "relative_strength": -24.629475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.975251, "energy": 58.861814, "activity_lines": [ 112.500985, 114.76997, 119.467992, 126.262404 ] }, { "date": "2024-12-27", "close": 115.9468, "volume": 11874557, "typical_volume": 15400080.5, "trend": 135.542057, "fair_value": 99.362203, "relative_strength": -24.868845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.27323, "energy": 53.931538, "activity_lines": [ 113.401243, 114.558312, 118.753997, 124.906308 ] }, { "date": "2025-01-03", "close": 111.290291, "volume": 20413163, "typical_volume": 15125356.65, "trend": 133.888313, "fair_value": 99.589048, "relative_strength": -26.321655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.21304, "energy": 54.259412, "activity_lines": [ 112.780375, 113.660877, 117.654176, 123.341678 ] }, { "date": "2025-01-10", "close": 110.358994, "volume": 12929979, "typical_volume": 14935556.95, "trend": 131.906381, "fair_value": 99.812894, "relative_strength": -26.911282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.230241, "energy": 50.163161, "activity_lines": [ 112.035334, 112.856572, 116.583181, 121.823657 ] }, { "date": "2025-01-17", "close": 108.030746, "volume": 10882616, "typical_volume": 14803126.65, "trend": 129.921128, "fair_value": 100.024289, "relative_strength": -28.446808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.265037, "energy": 52.598164, "activity_lines": [ 110.700471, 111.764411, 115.396883, 120.283294 ] }, { "date": "2025-01-24", "close": 108.962044, "volume": 9206533, "typical_volume": 14289104.25, "trend": 127.966917, "fair_value": 100.23522, "relative_strength": -28.449304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.487513, "energy": 52.186965, "activity_lines": [ 109.769171, 111.036304, 114.430105, 118.931095 ] }, { "date": "2025-02-07", "close": 105.702499, "volume": 22418701, "typical_volume": 14575501.7, "trend": 125.681198, "fair_value": 100.425752, "relative_strength": -29.881872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.706642, "energy": 60.577369, "activity_lines": [ 108.030746, 109.876413, 113.243807, 117.494681 ] }, { "date": "2025-02-14", "close": 110.358994, "volume": 17189219, "typical_volume": 14304445.0, "trend": 123.595268, "fair_value": 100.650092, "relative_strength": -25.203338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.227255, "energy": 50.237757, "activity_lines": [ 108.527439, 109.757883, 112.616288, 116.506151 ] }, { "date": "2025-02-21", "close": 123.862839, "volume": 32470499, "typical_volume": 14874871.85, "trend": 122.152608, "fair_value": 100.967925, "relative_strength": -17.599542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.689585, "energy": 14.06386, "activity_lines": [ 113.5875, 112.16233, 113.359111, 116.523414 ] }, { "date": "2025-02-28", "close": 119.206345, "volume": 15402939, "typical_volume": 14757959.65, "trend": 120.51016, "fair_value": 101.252939, "relative_strength": -17.898509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.311315, "energy": 15.149093, "activity_lines": [ 116.19514, 113.525414, 113.693935, 116.333332 ] }, { "date": "2025-03-07", "close": 118.275047, "volume": 14159431, "typical_volume": 14842693.95, "trend": 120.028989, "fair_value": 101.544853, "relative_strength": -16.280328, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.373425, "energy": 20.535913, "activity_lines": [ 117.747308, 114.541378, 113.962239, 116.189132 ] }, { "date": "2025-03-14", "close": 114.084198, "volume": 15202370, "typical_volume": 14902531.05, "trend": 119.563339, "fair_value": 101.795053, "relative_strength": -16.360472, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.612789, "energy": 20.336097, "activity_lines": [ 117.281659, 114.70224, 113.86024, 115.805597 ] }, { "date": "2025-03-21", "close": 125.725433, "volume": 72389129, "typical_volume": 17995231.0, "trend": 119.221863, "fair_value": 102.121361, "relative_strength": -7.987208, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.598551, "energy": 32.273805, "activity_lines": [ 120.137642, 117.013555, 114.917929, 116.203151 ] }, { "date": "2025-03-28", "close": 120.137642, "volume": 23189488, "typical_volume": 18239836.95, "trend": 118.802778, "fair_value": 102.40492, "relative_strength": -8.744528, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.524275, "energy": 30.682049, "activity_lines": [ 120.106598, 118.046451, 115.443448, 116.262234 ] }, { "date": "2025-04-04", "close": 118.740692, "volume": 16056584, "typical_volume": 18650630.65, "trend": 118.243999, "fair_value": 102.692394, "relative_strength": -7.566343, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.061145, "energy": 18.137852, "activity_lines": [ 119.858251, 118.647562, 115.824838, 116.258228 ] }, { "date": "2025-04-11", "close": 101.977303, "volume": 31621497, "typical_volume": 19665032.85, "trend": 117.374786, "fair_value": 102.872905, "relative_strength": -12.544676, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.511071, "energy": 20.344139, "activity_lines": [ 114.053152, 116.006059, 114.609714, 115.208764 ] }, { "date": "2025-04-18", "close": 102.9086, "volume": 22867172, "typical_volume": 20399151.75, "trend": 116.47453, "fair_value": 103.067305, "relative_strength": -10.367119, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.284994, "energy": 35.802667, "activity_lines": [ 109.645, 113.660877, 113.558676, 114.275461 ] }, { "date": "2025-04-25", "close": 103.839897, "volume": 37560286, "typical_volume": 21767223.85, "trend": 115.667404, "fair_value": 103.271635, "relative_strength": -10.943713, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.8336, "energy": 49.760916, "activity_lines": [ 106.292321, 111.53582, 112.660636, 113.460324 ] }, { "date": "2025-05-02", "close": 101.51165, "volume": 27445712, "typical_volume": 22385174.3, "trend": 114.674018, "fair_value": 103.457081, "relative_strength": -16.006464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.907805, "energy": 64.515528, "activity_lines": [ 103.622596, 109.105975, 111.589642, 112.547049 ] }, { "date": "2025-05-09", "close": 106.168144, "volume": 22060895, "typical_volume": 22812697.95, "trend": 114.084194, "fair_value": 103.675346, "relative_strength": -11.996468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.039222, "energy": 61.540814, "activity_lines": [ 103.746768, 107.92915, 111.017558, 111.998283 ] }, { "date": "2025-05-16", "close": 110.358994, "volume": 31093174, "typical_volume": 23321697.2, "trend": 113.618545, "fair_value": 103.918495, "relative_strength": -11.821549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.031514, "energy": 38.981686, "activity_lines": [ 106.106059, 107.751356, 110.860123, 111.757948 ] }, { "date": "2025-05-23", "close": 111.290291, "volume": 23631645, "typical_volume": 23909551.6, "trend": 113.168416, "fair_value": 104.170089, "relative_strength": -9.701152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.470251, "energy": 22.377304, "activity_lines": [ 108.217004, 107.886817, 110.804689, 111.607738 ] }, { "date": "2025-05-30", "close": 108.962044, "volume": 15621478, "typical_volume": 23669967.35, "trend": 112.609636, "fair_value": 104.393394, "relative_strength": -9.702899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.255651, "energy": 17.287797, "activity_lines": [ 108.993087, 107.649759, 110.54969, 111.336359 ] }, { "date": "2025-06-06", "close": 116.412445, "volume": 27442711, "typical_volume": 24395603.95, "trend": 112.563071, "fair_value": 104.659014, "relative_strength": -4.233871, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.429252, "energy": 14.902566, "activity_lines": [ 111.91116, 109.072108, 111.01534, 111.581702 ] }, { "date": "2025-06-13", "close": 120.603294, "volume": 35289887, "typical_volume": 25615967.5, "trend": 112.625158, "fair_value": 104.943578, "relative_strength": -2.002317, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.915393, "energy": 20.008716, "activity_lines": [ 115.232797, 111.32416, 111.851292, 112.100426 ] }, { "date": "2025-06-20", "close": 121.534592, "volume": 22315326, "typical_volume": 26271407.15, "trend": 112.749331, "fair_value": 105.232133, "relative_strength": -0.425466, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.627573, "energy": 41.218675, "activity_lines": [ 117.902523, 113.711674, 112.716071, 112.675228 ] }, { "date": "2025-06-27", "close": 122.931541, "volume": 16812577, "typical_volume": 25991100.95, "trend": 112.966635, "fair_value": 105.546471, "relative_strength": -1.058537, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.165446, "energy": 62.55947, "activity_lines": [ 120.292859, 115.997591, 113.654022, 113.332145 ] }, { "date": "2025-07-04", "close": 125.259789, "volume": 21648047, "typical_volume": 26214042.35, "trend": 113.339154, "fair_value": 105.885138, "relative_strength": 1.571913, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.311327, "energy": 70.16642, "activity_lines": [ 122.683195, 118.342773, 114.731669, 114.125251 ] }, { "date": "2025-07-11", "close": 126.656738, "volume": 20408157, "typical_volume": 25610925.25, "trend": 113.789282, "fair_value": 106.262953, "relative_strength": 2.445439, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.784588, "energy": 77.976162, "activity_lines": [ 124.452663, 120.552493, 115.871402, 114.98445 ] }, { "date": "2025-07-18", "close": 128.984985, "volume": 23212987, "typical_volume": 26001427.65, "trend": 114.441192, "fair_value": 106.662127, "relative_strength": 2.12805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.118401, "energy": 80.282727, "activity_lines": [ 126.315261, 122.728347, 117.219569, 115.964818 ] }, { "date": "2025-07-25", "close": 130.381943, "volume": 18959313, "typical_volume": 26241421.75, "trend": 115.015494, "fair_value": 107.062337, "relative_strength": 3.956662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.955651, "energy": 82.527626, "activity_lines": [ 128.084733, 124.743342, 118.654214, 116.993254 ] }, { "date": "2025-08-01", "close": 121.114804, "volume": 36153900, "typical_volume": 27288998.25, "trend": 115.187761, "fair_value": 107.383838, "relative_strength": -2.868643, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.878219, "energy": 60.510767, "activity_lines": [ 126.175334, 124.709349, 119.148623, 117.386758 ] }, { "date": "2025-08-08", "close": 119.643776, "volume": 21436099, "typical_volume": 24741346.75, "trend": 115.46621, "fair_value": 107.6937, "relative_strength": -6.001115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.752224, "energy": 36.819444, "activity_lines": [ 123.896709, 124.229269, 119.469455, 117.674242 ] }, { "date": "2025-08-15", "close": 119.643776, "volume": 10961692, "typical_volume": 24129956.95, "trend": 115.775703, "fair_value": 108.000351, "relative_strength": -6.856763, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.081083, "energy": 23.75891, "activity_lines": [ 121.992484, 123.554975, 119.819247, 117.943763 ] }, { "date": "2025-08-22", "close": 114.740341, "volume": 11278489, "typical_volume": 23891052.2, "trend": 115.999356, "fair_value": 108.269146, "relative_strength": -8.111222, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.977267, "energy": 22.542547, "activity_lines": [ 118.921313, 121.930396, 119.704397, 117.876965 ] }, { "date": "2025-08-29", "close": 116.701714, "volume": 10193629, "typical_volume": 22819658.8, "trend": 116.257345, "fair_value": 108.546768, "relative_strength": -7.952509, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.388149, "energy": 23.475354, "activity_lines": [ 117.453575, 120.76903, 119.795394, 117.922279 ] }, { "date": "2025-09-05", "close": 118.172745, "volume": 12877119, "typical_volume": 22320156.15, "trend": 116.67302, "fair_value": 108.837031, "relative_strength": -7.357949, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.554301, "energy": 22.083318, "activity_lines": [ 117.388195, 119.962995, 119.956373, 118.045853 ] }, { "date": "2025-09-12", "close": 139.257507, "volume": 51418570, "typical_volume": 23013070.35, "trend": 117.636304, "fair_value": 109.277974, "relative_strength": 5.168584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.479843, "energy": 38.844091, "activity_lines": [ 124.547208, 123.077076, 122.052738, 119.502917 ] }, { "date": "2025-09-19", "close": 147.593338, "volume": 110254564, "typical_volume": 27153512.95, "trend": 118.42732, "fair_value": 109.787874, "relative_strength": 11.094177, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 85.520902, "energy": 84.14261, "activity_lines": [ 133.177248, 127.452258, 124.774336, 121.435629 ] }, { "date": "2025-09-26", "close": 137.296127, "volume": 42489695, "typical_volume": 28174952.95, "trend": 119.030313, "fair_value": 110.231766, "relative_strength": 3.493213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.065314, "energy": 80.119062, "activity_lines": [ 136.511581, 129.574556, 126.295811, 122.652971 ] }, { "date": "2025-10-03", "close": 149.064377, "volume": 32836341, "typical_volume": 28262111.3, "trend": 120.056624, "fair_value": 110.758053, "relative_strength": 7.479483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.713083, "energy": 90.866529, "activity_lines": [ 142.264944, 133.685423, 128.789843, 124.590652 ] }, { "date": "2025-10-10", "close": 155.929184, "volume": 28664950, "typical_volume": 28513776.55, "trend": 121.451457, "fair_value": 111.344938, "relative_strength": 10.13754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.129232, "energy": 94.097857, "activity_lines": [ 148.149066, 138.704756, 131.753355, 126.905011 ] }, { "date": "2025-10-17", "close": 150.5354, "volume": 34172688, "typical_volume": 29441337.05, "trend": 122.278456, "fair_value": 111.897247, "relative_strength": 6.292556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.642911, "energy": 85.251163, "activity_lines": [ 149.718164, 142.110413, 133.990608, 128.781395 ] }, { "date": "2025-10-24", "close": 147.102997, "volume": 12985626, "typical_volume": 28718482.8, "trend": 123.177301, "fair_value": 112.455921, "relative_strength": 2.990329, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.610383, "energy": 70.747338, "activity_lines": [ 149.391268, 144.33033, 135.702996, 130.382978 ] }, { "date": "2025-10-31", "close": 169.658798, "volume": 122117970, "typical_volume": 33059886.95, "trend": 124.874571, "fair_value": 113.160789, "relative_strength": 15.565094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.353158, "energy": 70.627214, "activity_lines": [ 156.615662, 150.152044, 139.41741, 133.381784 ] }, { "date": "2025-11-07", "close": 166.716736, "volume": 71520700, "typical_volume": 35520155.65, "trend": 127.032552, "fair_value": 113.840374, "relative_strength": 15.584415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.480968, "energy": 65.798049, "activity_lines": [ 160.701856, 154.44032, 142.61803, 136.081279 ] }, { "date": "2025-11-14", "close": 157.400208, "volume": 67416786, "typical_volume": 38050366.1, "trend": 128.848939, "fair_value": 114.447928, "relative_strength": 9.851578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.652616, "energy": 56.673797, "activity_lines": [ 160.505718, 156.125317, 144.716209, 138.040482 ] }, { "date": "2025-11-21", "close": 148.083679, "volume": 52284942, "typical_volume": 39582210.85, "trend": 130.323732, "fair_value": 114.971141, "relative_strength": 6.946811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.9949, "energy": 48.985977, "activity_lines": [ 157.106002, 155.403174, 145.762963, 139.281433 ] }, { "date": "2025-11-28", "close": 153.967804, "volume": 21269821, "typical_volume": 39625294.05, "trend": 132.07227, "fair_value": 115.51548, "relative_strength": 6.209093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.25071, "energy": 37.898018, "activity_lines": [ 155.831109, 155.590396, 147.261424, 140.806857 ] }, { "date": "2025-12-05", "close": 153.967804, "volume": 27678523, "typical_volume": 39848570.85, "trend": 133.665592, "fair_value": 116.057678, "relative_strength": 4.718725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.808779, "energy": 25.722047, "activity_lines": [ 154.098562, 155.661718, 148.629833, 142.219472 ] }, { "date": "2025-12-12", "close": 158.871246, "volume": 32389537, "typical_volume": 40520082.05, "trend": 135.282667, "fair_value": 116.614716, "relative_strength": 6.926074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.910858, "energy": 26.917066, "activity_lines": [ 155.046562, 156.321454, 150.34627, 143.845643 ] }, { "date": "2025-12-19", "close": 155.929184, "volume": 55454707, "typical_volume": 41485122.4, "trend": 136.770631, "fair_value": 117.172163, "relative_strength": 6.506177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.632074, "energy": 26.861319, "activity_lines": [ 155.536907, 156.267963, 151.646848, 145.177677 ] }, { "date": "2025-12-26", "close": 171.620163, "volume": 80348309, "typical_volume": 44430732.9, "trend": 138.859235, "fair_value": 117.83287, "relative_strength": 13.289555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.285414, "energy": 43.938496, "activity_lines": [ 161.355647, 159.067377, 154.276022, 147.426034 ] }, { "date": "2026-01-02", "close": 179.956009, "volume": 52927529, "typical_volume": 46529024.75, "trend": 140.977353, "fair_value": 118.551293, "relative_strength": 15.099545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.3082, "energy": 67.931694, "activity_lines": [ 168.383903, 162.99904, 157.451579, 150.077439 ] }, { "date": "2026-01-09", "close": 196.137329, "volume": 130766189, "typical_volume": 52503409.75, "trend": 143.495154, "fair_value": 119.384682, "relative_strength": 20.853697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.261213, "energy": 82.033607, "activity_lines": [ 179.073386, 169.275434, 161.881014, 153.636147 ] }, { "date": "2026-01-16", "close": 257.920593, "volume": 149151226, "typical_volume": 59451289.6, "trend": 148.041355, "fair_value": 120.608231, "relative_strength": 51.400717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.472772, "energy": 97.34834, "activity_lines": [ 207.545988, 186.303721, 171.806964, 161.018433 ] }, { "date": "2026-01-23", "close": 241.739258, "volume": 105767607, "typical_volume": 64095814.0, "trend": 152.001612, "fair_value": 121.729123, "relative_strength": 38.030284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.256944, "energy": 93.98513, "activity_lines": [ 224.021522, 198.731694, 179.519364, 167.063459 ] }, { "date": "2026-01-30", "close": 249.094406, "volume": 121153330, "typical_volume": 67582552.0, "trend": 156.129432, "fair_value": 122.895023, "relative_strength": 40.232557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.125945, "energy": 93.288767, "activity_lines": [ 237.228101, 210.963531, 187.343842, 173.32751 ] }, { "date": "2026-02-06", "close": 234.874451, "volume": 57135678, "typical_volume": 64926607.7, "trend": 159.736689, "fair_value": 123.925345, "relative_strength": 32.07154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.198891, "energy": 87.981951, "activity_lines": [ 240.529745, 218.773362, 193.291005, 178.407834 ] }, { "date": "2026-02-13", "close": 238.306854, "volume": 22185896, "typical_volume": 63911417.75, "trend": 163.380752, "fair_value": 124.985163, "relative_strength": 25.728765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.237444, "energy": 75.23138, "activity_lines": [ 241.314293, 225.736236, 199.14944, 183.476877 ] }, { "date": "2026-02-27", "close": 253.017166, "volume": 50996969, "typical_volume": 64819449.15, "trend": 167.468592, "fair_value": 126.148377, "relative_strength": 25.845956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.729999, "energy": 68.175253, "activity_lines": [ 244.190978, 233.840276, 205.927854, 189.259871 ] }, { "date": "2026-03-06", "close": 220.654495, "volume": 55937017, "typical_volume": 66183052.5, "trend": 170.786582, "fair_value": 127.091292, "relative_strength": 15.133172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.875129, "energy": 52.51477, "activity_lines": [ 236.607001, 234.348449, 209.129095, 192.69122 ] }, { "date": "2026-03-13", "close": 197.118027, "volume": 48004215, "typical_volume": 66874628.85, "trend": 173.369057, "fair_value": 127.879051, "relative_strength": 3.235113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.405023, "energy": 33.877298, "activity_lines": [ 222.583185, 229.400441, 209.780552, 194.390023 ] }, { "date": "2026-03-20", "close": 197.608368, "volume": 56691820, "typical_volume": 69059938.55, "trend": 175.967877, "fair_value": 128.667812, "relative_strength": 2.807654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.901237, "energy": 23.558338, "activity_lines": [ 212.187908, 224.077988, 210.256886, 195.953849 ] }, { "date": "2026-03-27", "close": 191.233902, "volume": 35986591, "typical_volume": 64753369.6, "trend": 178.517662, "fair_value": 129.417852, "relative_strength": 0.748505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.500376, "energy": 25.135556, "activity_lines": [ 202.152215, 217.275589, 209.885626, 196.938754 ] }, { "date": "2026-04-03", "close": 198.098709, "volume": 32808602, "typical_volume": 62817764.7, "trend": 181.230895, "fair_value": 130.203869, "relative_strength": 5.910866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.01558, "energy": 24.955819, "activity_lines": [ 197.542987, 211.810491, 210.065419, 198.202048 ] }, { "date": "2026-04-10", "close": 210.357285, "volume": 46885825, "typical_volume": 61791216.65, "trend": 184.303713, "fair_value": 131.065255, "relative_strength": 3.303573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.267098, "energy": 16.169409, "activity_lines": [ 200.681182, 209.661894, 211.263257, 200.081169 ] }, { "date": "2026-04-17", "close": 203.492477, "volume": 69158176, "typical_volume": 62634878.35, "trend": 186.444879, "fair_value": 131.879424, "relative_strength": -3.931036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.998665, "energy": 12.813915, "activity_lines": [ 202.217588, 206.835733, 211.555128, 201.319154 ] }, { "date": "2026-04-24", "close": 205.944199, "volume": 69803327, "typical_volume": 65061553.65, "trend": 188.389908, "fair_value": 132.698605, "relative_strength": -8.08305, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.614457, "energy": 8.943353, "activity_lines": [ 204.146272, 205.284465, 211.816644, 202.577175 ] }, { "date": "2026-05-01", "close": 199.079391, "volume": 83400798, "typical_volume": 67847667.4, "trend": 190.44935, "fair_value": 133.493584, "relative_strength": -11.100798, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.145512, "energy": 10.106507, "activity_lines": [ 203.230964, 203.011054, 211.176863, 203.266819 ] }, { "date": "2026-05-08", "close": 217.712433, "volume": 151263862, "typical_volume": 73791383.65, "trend": 192.737618, "fair_value": 134.397837, "relative_strength": -9.142725, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.792819, "energy": 15.931153, "activity_lines": [ 208.003638, 204.838696, 212.09684, 205.025727 ] }, { "date": "2026-05-15", "close": 243.210297, "volume": 120298163, "typical_volume": 77033556.45, "trend": 195.646989, "fair_value": 135.452157, "relative_strength": 2.278385, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 53.843829, "energy": 35.81715, "activity_lines": [ 219.968018, 211.944218, 215.164988, 208.282029 ] }, { "date": "2026-05-22", "close": 277.534332, "volume": 129013492, "typical_volume": 79466815.6, "trend": 199.880287, "fair_value": 136.724361, "relative_strength": 13.117386, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 77.673974, "energy": 68.829631, "activity_lines": [ 241.183542, 224.880367, 221.086469, 213.565084 ] }, { "date": "2026-05-29", "close": 371.680237, "volume": 232804785, "typical_volume": 88460678.4, "trend": 207.366195, "fair_value": 138.593107, "relative_strength": 41.654456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.215597, "energy": 90.874273, "activity_lines": [ 288.844911, 253.47184, 235.469872, 224.648951 ] }, { "date": "2026-06-05", "close": 331.472107, "volume": 83004752, "typical_volume": 86072606.55, "trend": 212.759972, "fair_value": 140.193404, "relative_strength": 24.464748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.192472, "energy": 90.25068, "activity_lines": [ 312.0545, 271.5878, 245.110958, 232.655785 ] }, { "date": "2026-06-12", "close": 340.788605, "volume": 147251725, "typical_volume": 85977631.5, "trend": 218.562367, "fair_value": 141.834689, "relative_strength": 29.588525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.782642, "energy": 90.231771, "activity_lines": [ 329.543408, 288.847883, 254.994877, 240.915696 ] }, { "date": "2026-06-19", "close": 356.479614, "volume": 206061335, "typical_volume": 90992317.9, "trend": 225.198347, "fair_value": 143.584586, "relative_strength": 27.943987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.093019, "energy": 90.217787, "activity_lines": [ 344.057574, 306.366516, 265.978569, 249.813583 ] }, { "date": "2026-06-26", "close": 307.935608, "volume": 202871048, "typical_volume": 95078203.8, "trend": 230.526745, "fair_value": 144.999219, "relative_strength": 14.702576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.603096, "energy": 58.913805, "activity_lines": [ 334.839117, 312.402195, 271.792639, 255.151471 ] }, { "date": "2026-07-03", "close": 331.472107, "volume": 113379932, "typical_volume": 97890416.5, "trend": 236.443555, "fair_value": 146.570078, "relative_strength": 17.02644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.80964, "energy": 52.945509, "activity_lines": [ 331.439408, 320.818273, 279.568085, 261.664075 ] }, { "date": "2026-07-10", "close": 313.819733, "volume": 0, "typical_volume": 96781121.7, "trend": 241.771953, "fair_value": 148.019753, "relative_strength": 13.784884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.797066, "energy": 44.995584, "activity_lines": [ 324.836117, 323.742502, 285.202363, 266.656086 ] }, { "date": "2026-07-17", "close": 282.437744, "volume": 42604069, "typical_volume": 96361476.7, "trend": 245.890836, "fair_value": 149.273613, "relative_strength": 8.485248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.04541, "energy": 27.489834, "activity_lines": [ 308.948987, 318.874727, 287.488296, 269.279686 ] }, { "date": "2026-07-24", "close": 274.101929, "volume": 95112403, "typical_volume": 98320246.0, "trend": 249.829928, "fair_value": 150.444601, "relative_strength": 2.664533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.608146, "energy": 21.502133, "activity_lines": [ 294.173309, 311.314525, 288.840243, 271.099756 ] }, { "date": "2026-07-31", "close": 235.5, "volume": 103813667, "typical_volume": 101110718.6, "trend": 251.959255, "fair_value": 151.357437, "relative_strength": -10.665804, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.595002, "energy": 17.383243, "activity_lines": [ 272.022168, 296.174125, 286.261304, 270.175245 ] }, { "date": "2026-08-07", "close": 262.5, "volume": 115950727, "typical_volume": 104073663.95, "trend": 254.710722, "fair_value": 152.443349, "relative_strength": -3.147954, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.886682, "energy": 22.85363, "activity_lines": [ 263.700067, 286.707076, 286.071023, 270.855293 ] }, { "date": "2026-08-14", "close": 278.0, "volume": 92971384, "typical_volume": 106922903.6, "trend": 257.439478, "fair_value": 153.689972, "relative_strength": -1.314938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.982836, "energy": 17.411502, "activity_lines": [ 265.142773, 282.043304, 287.047924, 272.357827 ] }, { "date": "2026-08-21", "close": 267.5, "volume": 40597482, "typical_volume": 107312347.6, "trend": 257.758791, "fair_value": 154.85786, "relative_strength": -4.109684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.568471, "energy": 15.921711, "activity_lines": [ 265.473462, 276.442661, 286.611654, 273.006893 ] } ], "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." } } }