{ "ticker": { "uuid": "4c19781f-e3cd-423a-9cb1-dbdc22fc4e6d", "symbol": "8099", "name": "Tatung System Technologies Inc.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -52.556, "architecture_energy": 33.388, "architecture_maturity": 56.448, "architecture_confidence": 87.355, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 22.88, "rotation_up": 20.28, "upward_expansion": 3.59, "deceleration": 53.74, "rotation_down": 47.53, "downward_expansion": 74.59 }, "activity_lines": [ 57.66, 58.049091, 59.72381, 60.782366 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 58.200001, "trend_reference": 62.706667, "distance_from_trend": -0.071869, "trend_direction": "Weakening", "fair_value": 63.919129, "distance_from_fair_value": -0.089474, "fair_value_direction": "Weakening", "relative_strength": -39.387269, "relative_strength_direction": "Improving", "price_momentum": -0.144118, "excess_performance": -0.58549, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.071869, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.074531, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.089474, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.034875, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.393873, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.030565, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.144118, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.192392, "read": "Demand-led" } ], "volume": { "latest": 232450, "relative_activity": 0.248519, "balance": 1.192392, "dry_up": 0.541566, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.081417, "annualized_volatility": 0.418696, "from_high_reference": -0.314488, "from_low_reference": 0.075786 }, "levels": { "trend_reference": 62.706667, "fair_value_reference": 63.919129, "structural_low": 54.099998, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": 0.03228, "positive_rate": 0.7, "directional_follow_through": 0.3, "median_excess_return": -0.007777, "regime_survival": 0.7, "best_return": 0.162109, "worst_return": -0.146341, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.064255, "positive_rate": 0.875, "directional_follow_through": 0.125, "median_excess_return": 0.051623, "regime_survival": 0.25, "best_return": 0.258687, "worst_return": -0.009868, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.158114, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.008204, "regime_survival": 0.4, "best_return": 0.304, "worst_return": -0.169238, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.050471, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.155412, "regime_survival": 0.333333, "best_return": 0.742274, "worst_return": -0.037883, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-10", "end": "2024-02-16", "tenure": "Established", "return": 0.06, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-05-03", "tenure": "Developing", "return": 0.152778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-06-07", "tenure": "Developing", "return": 0.283742, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-14", "end": "2024-08-02", "tenure": "Developing", "return": -0.125538, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-10-04", "tenure": "Developing", "return": 0.053191, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2025-03-14", "tenure": "Established", "return": -0.225736, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-05-23", "tenure": "Developing", "return": 0.130375, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": -0.0375, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": -0.062338, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-25", "end": "2025-09-19", "tenure": "Developing", "return": 0.122312, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.077215, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-02-06", "tenure": "Established", "return": -0.051604, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-13", "end": "2026-03-13", "tenure": "New", "return": -0.146933, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-08-14", "tenure": "Established", "return": -0.042763, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 41.991749, "volume": 1087060, "typical_volume": 7583656.0, "trend": 40.256098, "fair_value": 30.549615, "relative_strength": 7.057618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.96358, "energy": 16.647896, "activity_lines": [ 44.82569, 46.416327, 46.351969, 43.770441 ] }, { "date": "2023-08-18", "close": 42.854004, "volume": 797780, "typical_volume": 7598741.5, "trend": 40.588856, "fair_value": 30.71626, "relative_strength": 10.253137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.171446, "energy": 14.353661, "activity_lines": [ 43.91745, 45.535294, 46.236791, 43.938048 ] }, { "date": "2023-08-25", "close": 43.069572, "volume": 641840, "typical_volume": 7620324.5, "trend": 40.938545, "fair_value": 30.884286, "relative_strength": 9.675691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.84736, "energy": 18.988189, "activity_lines": [ 43.362735, 44.821033, 46.096595, 44.098094 ] }, { "date": "2023-09-01", "close": 44.578514, "volume": 611330, "typical_volume": 7620946.0, "trend": 41.364985, "fair_value": 31.057029, "relative_strength": 11.90119, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.893467, "energy": 18.70861, "activity_lines": [ 43.520815, 44.526046, 46.053931, 44.332931 ] }, { "date": "2023-09-08", "close": 43.974937, "volume": 1351480, "typical_volume": 7633715.0, "trend": 41.771306, "fair_value": 31.238047, "relative_strength": 10.415792, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.003298, "energy": 16.303722, "activity_lines": [ 43.673148, 44.238805, 45.903206, 44.501315 ] }, { "date": "2023-09-15", "close": 45.440769, "volume": 719810, "typical_volume": 7490713.5, "trend": 42.219527, "fair_value": 31.425735, "relative_strength": 11.317365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.968748, "energy": 10.873897, "activity_lines": [ 44.388819, 44.323757, 45.842393, 44.738054 ] }, { "date": "2023-09-22", "close": 45.354542, "volume": 699470, "typical_volume": 6769717.0, "trend": 42.660697, "fair_value": 31.609152, "relative_strength": 14.458217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.365542, "energy": 14.665474, "activity_lines": [ 44.845813, 44.428011, 45.732208, 44.940313 ] }, { "date": "2023-09-29", "close": 46.216793, "volume": 419230, "typical_volume": 5947585.5, "trend": 43.105548, "fair_value": 31.800823, "relative_strength": 16.04731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.525824, "energy": 19.443612, "activity_lines": [ 45.423522, 44.720393, 45.704565, 45.169739 ] }, { "date": "2023-10-06", "close": 45.785667, "volume": 474600, "typical_volume": 5247720.0, "trend": 43.492868, "fair_value": 31.989483, "relative_strength": 13.419927, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.196958, "energy": 20.966951, "activity_lines": [ 45.647707, 44.934389, 45.615075, 45.34265 ] }, { "date": "2023-10-13", "close": 44.750965, "volume": 623760, "typical_volume": 3054785.5, "trend": 43.904173, "fair_value": 32.176962, "relative_strength": 8.797863, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.590311, "energy": 12.602174, "activity_lines": [ 45.446515, 44.991611, 45.410296, 45.423817 ] }, { "date": "2023-10-20", "close": 44.147385, "volume": 433920, "typical_volume": 1815288.5, "trend": 44.248021, "fair_value": 32.358342, "relative_strength": 9.091005, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.938097, "energy": 6.625074, "activity_lines": [ 44.992394, 44.945363, 45.174402, 45.439508 ] }, { "date": "2023-10-27", "close": 43.198906, "volume": 378550, "typical_volume": 1539116.5, "trend": 44.578353, "fair_value": 32.533642, "relative_strength": 8.389697, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.729993, "energy": 22.349817, "activity_lines": [ 44.308339, 44.68747, 44.892536, 45.371823 ] }, { "date": "2023-11-03", "close": 43.371361, "volume": 572910, "typical_volume": 1288652.0, "trend": 44.911649, "fair_value": 32.711286, "relative_strength": 6.043876, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.798267, "energy": 35.766431, "activity_lines": [ 43.825479, 44.454662, 44.658865, 45.293953 ] }, { "date": "2023-11-10", "close": 43.112682, "volume": 516410, "typical_volume": 1223903.0, "trend": 45.216831, "fair_value": 32.87835, "relative_strength": 4.025931, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.948627, "energy": 54.45031, "activity_lines": [ 43.446087, 44.169335, 44.437076, 45.177891 ] }, { "date": "2023-11-17", "close": 43.198906, "volume": 402280, "typical_volume": 1122090.0, "trend": 45.53881, "fair_value": 33.047949, "relative_strength": 0.739715, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.005203, "energy": 56.282033, "activity_lines": [ 43.273636, 43.926336, 44.26125, 45.047702 ] }, { "date": "2023-11-24", "close": 45.268314, "volume": 1726640, "typical_volume": 1043272.5, "trend": 45.821172, "fair_value": 33.232797, "relative_strength": 4.687702, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.600984, "energy": 28.394754, "activity_lines": [ 43.894458, 44.073702, 44.313883, 45.03025 ] }, { "date": "2023-12-01", "close": 44.578514, "volume": 212440, "typical_volume": 962873.0, "trend": 45.792343, "fair_value": 33.413223, "relative_strength": 1.825166, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.28192, "energy": 17.287018, "activity_lines": [ 44.210618, 44.098786, 44.310804, 44.950079 ] }, { "date": "2023-12-08", "close": 43.543808, "volume": 292670, "typical_volume": 825182.5, "trend": 45.848759, "fair_value": 33.588503, "relative_strength": -0.469321, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.298174, "energy": 17.574968, "activity_lines": [ 44.089902, 43.949852, 44.221088, 44.805012 ] }, { "date": "2023-12-15", "close": 43.112682, "volume": 214700, "typical_volume": 651219.0, "trend": 45.876881, "fair_value": 33.758788, "relative_strength": -3.245016, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.015882, "energy": 19.165647, "activity_lines": [ 43.813981, 43.77113, 44.103042, 44.628491 ] }, { "date": "2023-12-22", "close": 43.371361, "volume": 322050, "typical_volume": 624946.5, "trend": 45.646311, "fair_value": 33.931724, "relative_strength": -2.377119, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.958319, "energy": 26.001032, "activity_lines": [ 43.624287, 43.688041, 44.030572, 44.466845 ] }, { "date": "2023-12-29", "close": 42.595325, "volume": 333350, "typical_volume": 587261.0, "trend": 45.284062, "fair_value": 34.096711, "relative_strength": -5.989728, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.251127, "energy": 39.833944, "activity_lines": [ 43.164416, 43.488938, 43.892405, 44.270007 ] }, { "date": "2024-01-05", "close": 42.465992, "volume": 102830, "typical_volume": 552513.5, "trend": 45.037236, "fair_value": 34.259381, "relative_strength": -4.155711, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.235607, "energy": 46.716268, "activity_lines": [ 42.839634, 43.294539, 43.739047, 44.088196 ] }, { "date": "2024-01-12", "close": 42.379768, "volume": 125430, "typical_volume": 526693.0, "trend": 44.748553, "fair_value": 34.398202, "relative_strength": -4.439915, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.985038, "energy": 48.94113, "activity_lines": [ 42.626946, 43.097788, 43.579325, 43.916746 ] }, { "date": "2024-01-19", "close": 42.465992, "volume": 160460, "typical_volume": 504149.5, "trend": 44.462744, "fair_value": 34.538814, "relative_strength": -5.291585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.179708, "energy": 49.750614, "activity_lines": [ 42.520601, 42.934744, 43.4311, 43.769484 ] }, { "date": "2024-01-26", "close": 44.147385, "volume": 261030, "typical_volume": 449627.0, "trend": 44.274749, "fair_value": 34.661702, "relative_strength": -3.455922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.210354, "energy": 25.12441, "activity_lines": [ 43.017834, 43.089166, 43.453067, 43.749139 ] }, { "date": "2024-02-02", "close": 44.147385, "volume": 221480, "typical_volume": 424710.5, "trend": 44.167505, "fair_value": 34.814828, "relative_strength": -4.098484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.798848, "energy": 12.32603, "activity_lines": [ 43.463331, 43.226342, 43.474212, 43.740922 ] }, { "date": "2024-02-09", "close": 44.664738, "volume": 87010, "typical_volume": 394087.5, "trend": 44.087028, "fair_value": 34.978457, "relative_strength": -3.480759, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.706704, "energy": 14.442703, "activity_lines": [ 43.977809, 43.477963, 43.550789, 43.773001 ] }, { "date": "2024-02-16", "close": 45.69944, "volume": 292670, "typical_volume": 387759.5, "trend": 44.069783, "fair_value": 35.146488, "relative_strength": -4.238059, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.460734, "energy": 29.415626, "activity_lines": [ 44.690605, 43.916145, 43.729193, 43.877028 ] }, { "date": "2024-02-23", "close": 49.66581, "volume": 1639630, "typical_volume": 446011.0, "trend": 44.141638, "fair_value": 35.344159, "relative_strength": 2.093105, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.977445, "energy": 85.220347, "activity_lines": [ 46.504212, 45.036291, 44.28781, 44.238062 ] }, { "date": "2024-03-01", "close": 51.304089, "volume": 1837380, "typical_volume": 506692.0, "trend": 44.348579, "fair_value": 35.542417, "relative_strength": 4.728609, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.499505, "energy": 96.653589, "activity_lines": [ 48.383924, 46.335158, 44.983977, 44.700155 ] }, { "date": "2024-03-08", "close": 51.735218, "volume": 2747030, "typical_volume": 622347.5, "trend": 44.673361, "fair_value": 35.746909, "relative_strength": 0.764552, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.109292, "energy": 96.096895, "activity_lines": [ 49.930233, 47.568181, 45.689998, 45.176713 ] }, { "date": "2024-03-15", "close": 57.943443, "volume": 4917760, "typical_volume": 849308.0, "trend": 45.176342, "fair_value": 35.973848, "relative_strength": 12.738658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.573816, "energy": 98.798132, "activity_lines": [ 53.040094, 49.763792, 46.951147, 46.032847 ] }, { "date": "2024-03-22", "close": 62.858292, "volume": 1986540, "typical_volume": 919989.5, "trend": 45.835966, "fair_value": 36.165374, "relative_strength": 18.146541, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.112555, "energy": 99.143401, "activity_lines": [ 56.902992, 52.571604, 48.610164, 47.173618 ] }, { "date": "2024-03-29", "close": 67.600685, "volume": 1818170, "typical_volume": 985077.5, "trend": 46.603372, "fair_value": 36.34938, "relative_strength": 25.51518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.226325, "energy": 98.817882, "activity_lines": [ 61.202763, 55.869332, 50.628043, 48.577793 ] }, { "date": "2024-04-05", "close": 65.100151, "volume": 958240, "typical_volume": 1012875.5, "trend": 47.307546, "fair_value": 36.507443, "relative_strength": 19.667576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.276339, "energy": 92.491893, "activity_lines": [ 63.473365, 58.255423, 52.291166, 49.771134 ] }, { "date": "2024-04-12", "close": 61.909809, "volume": 1393290, "typical_volume": 996208.0, "trend": 47.856514, "fair_value": 36.63762, "relative_strength": 10.932557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.410385, "energy": 80.226268, "activity_lines": [ 63.760782, 59.680493, 53.546156, 50.713215 ] }, { "date": "2024-04-19", "close": 58.460796, "volume": 1272380, "typical_volume": 1049205.0, "trend": 48.293389, "fair_value": 36.76155, "relative_strength": 10.573469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.066443, "energy": 65.966352, "activity_lines": [ 62.220222, 60.155517, 54.393423, 51.397363 ] }, { "date": "2024-04-26", "close": 57.512314, "volume": 516410, "typical_volume": 1060392.0, "trend": 48.669906, "fair_value": 36.878904, "relative_strength": 5.200458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.838247, "energy": 52.62035, "activity_lines": [ 60.329011, 60.207251, 55.084252, 51.992132 ] }, { "date": "2024-05-03", "close": 57.253643, "volume": 1770710, "typical_volume": 1138192.5, "trend": 49.052172, "fair_value": 37.021119, "relative_strength": 3.714046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.917433, "energy": 32.543126, "activity_lines": [ 58.707975, 59.997175, 55.683929, 52.545922 ] }, { "date": "2024-05-10", "close": 56.218937, "volume": 641840, "typical_volume": 1154182.0, "trend": 49.434438, "fair_value": 37.167855, "relative_strength": -0.032409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.41116, "energy": 25.928188, "activity_lines": [ 57.43184, 59.46101, 56.117724, 53.008294 ] }, { "date": "2024-05-17", "close": 58.54702, "volume": 664440, "typical_volume": 1170736.5, "trend": 49.914426, "fair_value": 37.339676, "relative_strength": 1.31466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.176973, "energy": 22.687549, "activity_lines": [ 57.523813, 59.258772, 56.712063, 53.596202 ] }, { "date": "2024-05-24", "close": 58.115891, "volume": 303970, "typical_volume": 1180793.5, "trend": 50.411658, "fair_value": 37.525586, "relative_strength": -0.614991, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.941585, "energy": 20.290357, "activity_lines": [ 57.696263, 58.854296, 57.189382, 54.125329 ] }, { "date": "2024-05-31", "close": 65.531281, "volume": 9194810, "typical_volume": 1634262.5, "trend": 51.150322, "fair_value": 37.741187, "relative_strength": 14.22143, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.303844, "energy": 37.933671, "activity_lines": [ 60.363503, 59.794938, 58.298405, 55.100788 ] }, { "date": "2024-06-07", "close": 72.170624, "volume": 7456870, "typical_volume": 1999083.0, "trend": 52.11892, "fair_value": 38.008765, "relative_strength": 21.555938, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 77.026791, "energy": 52.673817, "activity_lines": [ 64.70926, 61.894132, 59.929501, 56.456937 ] }, { "date": "2024-06-14", "close": 82.690125, "volume": 7298670, "typical_volume": 2350965.0, "trend": 53.435294, "fair_value": 38.352947, "relative_strength": 34.585705, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.394225, "energy": 85.192539, "activity_lines": [ 71.567051, 65.822874, 62.421004, 58.429273 ] }, { "date": "2024-06-21", "close": 83.293701, "volume": 7771010, "typical_volume": 2728441.5, "trend": 54.702807, "fair_value": 38.708185, "relative_strength": 30.637421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.01311, "energy": 90.595081, "activity_lines": [ 76.861289, 69.541539, 64.786453, 60.355621 ] }, { "date": "2024-06-28", "close": 101.314804, "volume": 17039270, "typical_volume": 3576054.5, "trend": 56.594017, "fair_value": 39.183156, "relative_strength": 58.806124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.457094, "energy": 97.355486, "activity_lines": [ 86.512782, 76.14797, 68.681786, 63.362847 ] }, { "date": "2024-07-05", "close": 106.930214, "volume": 14121610, "typical_volume": 4267501.5, "trend": 58.706897, "fair_value": 39.699824, "relative_strength": 61.969004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.217904, "energy": 96.789716, "activity_lines": [ 95.156151, 82.996221, 72.842159, 66.610344 ] }, { "date": "2024-07-12", "close": 88.085953, "volume": 8351830, "typical_volume": 4603111.5, "trend": 60.206006, "fair_value": 40.101891, "relative_strength": 30.555845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.719559, "energy": 85.517185, "activity_lines": [ 94.758171, 85.519735, 74.916265, 68.505767 ] }, { "date": "2024-07-19", "close": 84.054161, "volume": 9568840, "typical_volume": 4989684.5, "trend": 61.5621, "fair_value": 40.489267, "relative_strength": 29.438761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.370931, "energy": 62.309878, "activity_lines": [ 91.955238, 86.749609, 76.423437, 70.044357 ] }, { "date": "2024-07-26", "close": 75.11409, "volume": 4206990, "typical_volume": 5062682.5, "trend": 62.646058, "fair_value": 40.792815, "relative_strength": 19.070935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.898342, "energy": 46.02739, "activity_lines": [ 86.081346, 85.84792, 76.923222, 70.918679 ] }, { "date": "2024-08-02", "close": 72.309364, "volume": 2873590, "typical_volume": 4960474.0, "trend": 63.640837, "fair_value": 41.073427, "relative_strength": 16.65092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.706997, "energy": 25.778978, "activity_lines": [ 79.817852, 84.135062, 77.044561, 71.542118 ] }, { "date": "2024-08-09", "close": 65.911087, "volume": 3396780, "typical_volume": 5030986.0, "trend": 64.425215, "fair_value": 41.307572, "relative_strength": 6.779021, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.03118, "energy": 23.506839, "activity_lines": [ 73.355296, 81.000818, 76.488132, 71.688586 ] }, { "date": "2024-08-16", "close": 70.205826, "volume": 2439670, "typical_volume": 5062061.0, "trend": 65.349876, "fair_value": 41.584614, "relative_strength": 8.874154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.826829, "energy": 25.335062, "activity_lines": [ 71.058927, 78.640529, 76.326189, 72.061529 ] }, { "date": "2024-08-23", "close": 71.783478, "volume": 4843180, "typical_volume": 5256308.0, "trend": 66.271079, "fair_value": 41.883665, "relative_strength": 11.814881, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.175504, "energy": 22.596568, "activity_lines": [ 70.480452, 76.60281, 76.302092, 72.4766 ] }, { "date": "2024-08-30", "close": 69.767578, "volume": 2986590, "typical_volume": 5335973.0, "trend": 67.125085, "fair_value": 42.153189, "relative_strength": 7.812246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.077758, "energy": 17.046856, "activity_lines": [ 70.048055, 74.396867, 76.05418, 72.70218 ] }, { "date": "2024-09-06", "close": 63.194004, "volume": 1426060, "typical_volume": 5343657.0, "trend": 67.742728, "fair_value": 42.346619, "relative_strength": 1.250773, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.597562, "energy": 16.993527, "activity_lines": [ 67.7809, 71.241657, 75.142795, 72.448562 ] }, { "date": "2024-09-13", "close": 69.942879, "volume": 1308540, "typical_volume": 5383263.5, "trend": 68.550842, "fair_value": 42.574885, "relative_strength": 10.008713, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.509548, "energy": 18.008055, "activity_lines": [ 68.371062, 70.006622, 74.851622, 72.590507 ] }, { "date": "2024-09-20", "close": 68.803459, "volume": 976320, "typical_volume": 5343544.0, "trend": 69.188764, "fair_value": 42.811213, "relative_strength": 6.033989, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.549816, "energy": 20.773984, "activity_lines": [ 68.31263, 69.236916, 74.392738, 72.606805 ] }, { "date": "2024-09-27", "close": 70.907005, "volume": 1244130, "typical_volume": 5373658.5, "trend": 69.842194, "fair_value": 43.034398, "relative_strength": 5.904287, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -12.679645, "energy": 16.011425, "activity_lines": [ 69.048872, 69.200263, 74.079194, 72.71766 ] }, { "date": "2024-10-04", "close": 69.416992, "volume": 807950, "typical_volume": 5380834.0, "trend": 70.431587, "fair_value": 43.262634, "relative_strength": 5.859874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -1.676805, "energy": 6.651625, "activity_lines": [ 69.346875, 69.131739, 73.5538, 72.690227 ] }, { "date": "2024-10-11", "close": 80.372955, "volume": 4584410, "typical_volume": 5594856.0, "trend": 71.179237, "fair_value": 43.588514, "relative_strength": 18.707633, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.430342, "energy": 17.618975, "activity_lines": [ 73.320237, 71.158791, 74.020069, 73.331606 ] }, { "date": "2024-10-18", "close": 80.460602, "volume": 4431860, "typical_volume": 5356708.5, "trend": 71.765981, "fair_value": 43.877039, "relative_strength": 15.318576, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.16486, "energy": 32.665691, "activity_lines": [ 76.177552, 73.055168, 74.3887, 73.930403 ] }, { "date": "2024-10-25", "close": 76.42881, "volume": 2690530, "typical_volume": 5118391.5, "trend": 72.060252, "fair_value": 44.144586, "relative_strength": 9.767862, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.130185, "energy": 30.920801, "activity_lines": [ 76.989754, 73.953956, 74.302259, 74.231231 ] }, { "date": "2024-11-01", "close": 75.639977, "volume": 966150, "typical_volume": 4801765.5, "trend": 72.411579, "fair_value": 44.418094, "relative_strength": 10.849951, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.581301, "energy": 32.592114, "activity_lines": [ 77.030656, 74.596174, 74.120413, 74.462181 ] }, { "date": "2024-11-08", "close": 75.11409, "volume": 1299500, "typical_volume": 4478190.0, "trend": 72.851722, "fair_value": 44.688743, "relative_strength": 6.051113, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.302342, "energy": 28.54693, "activity_lines": [ 76.58073, 75.072659, 73.922055, 74.636537 ] }, { "date": "2024-11-15", "close": 71.608177, "volume": 993270, "typical_volume": 3675890.0, "trend": 73.289968, "fair_value": 44.934356, "relative_strength": 4.281288, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.504508, "energy": 7.158612, "activity_lines": [ 74.58236, 74.814495, 73.428752, 74.556308 ] }, { "date": "2024-11-22", "close": 76.253517, "volume": 963619, "typical_volume": 3017990.45, "trend": 73.914675, "fair_value": 45.212821, "relative_strength": 9.766116, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.721887, "energy": 6.155722, "activity_lines": [ 74.716755, 75.247954, 73.519321, 74.747505 ] }, { "date": "2024-11-29", "close": 78.707649, "volume": 3704140, "typical_volume": 2785605.95, "trend": 74.629808, "fair_value": 45.498563, "relative_strength": 15.84602, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.530975, "energy": 9.141774, "activity_lines": [ 75.949667, 76.012879, 73.989697, 75.056729 ] }, { "date": "2024-12-06", "close": 80.460602, "volume": 3133490, "typical_volume": 2463838.45, "trend": 75.437864, "fair_value": 45.806559, "relative_strength": 12.986982, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.727341, "energy": 19.641657, "activity_lines": [ 77.614973, 76.916447, 74.67168, 75.432909 ] }, { "date": "2024-12-13", "close": 75.377037, "volume": 1527760, "typical_volume": 2329876.95, "trend": 75.998864, "fair_value": 46.084786, "relative_strength": 6.088034, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.924017, "energy": 23.433283, "activity_lines": [ 77.264383, 76.722029, 74.886626, 75.428985 ] }, { "date": "2024-12-20", "close": 71.082298, "volume": 1072370, "typical_volume": 2239815.95, "trend": 76.431078, "fair_value": 46.335995, "relative_strength": 1.871244, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.311644, "energy": 16.918706, "activity_lines": [ 75.464684, 75.638385, 74.691297, 75.111787 ] }, { "date": "2024-12-27", "close": 72.747604, "volume": 920950, "typical_volume": 2116024.45, "trend": 76.671622, "fair_value": 46.600697, "relative_strength": 0.362366, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.055532, "energy": 15.293612, "activity_lines": [ 74.255145, 75.026445, 74.660411, 74.874143 ] }, { "date": "2025-01-03", "close": 71.958778, "volume": 392110, "typical_volume": 2013646.45, "trend": 76.664561, "fair_value": 46.856243, "relative_strength": 0.421411, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.223989, "energy": 28.362874, "activity_lines": [ 73.016392, 74.411318, 74.521845, 74.570089 ] }, { "date": "2025-01-10", "close": 68.365219, "volume": 1063330, "typical_volume": 1824653.95, "trend": 76.187064, "fair_value": 47.089779, "relative_strength": -5.343516, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.96382, "energy": 43.577353, "activity_lines": [ 71.02971, 73.22409, 74.032687, 74.034648 ] }, { "date": "2025-01-17", "close": 67.751686, "volume": 1888230, "typical_volume": 1769735.95, "trend": 75.668997, "fair_value": 47.323737, "relative_strength": -7.044141, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.271148, "energy": 54.9023, "activity_lines": [ 69.644876, 72.057579, 73.501375, 73.49043 ] }, { "date": "2025-01-24", "close": 73.624077, "volume": 781960, "typical_volume": 1737530.95, "trend": 74.745972, "fair_value": 47.592777, "relative_strength": -1.016168, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.14449, "energy": 43.210817, "activity_lines": [ 70.725863, 72.092637, 73.538938, 73.358499 ] }, { "date": "2025-02-07", "close": 75.464684, "volume": 860394, "typical_volume": 1715123.65, "trend": 73.697121, "fair_value": 47.87259, "relative_strength": 1.188392, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.071559, "energy": 11.95029, "activity_lines": [ 72.250933, 72.425698, 73.702129, 73.404868 ] }, { "date": "2025-02-14", "close": 73.624077, "volume": 1749504, "typical_volume": 1753782.85, "trend": 73.215059, "fair_value": 48.149828, "relative_strength": -0.32056, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.201118, "energy": 3.921381, "activity_lines": [ 72.98133, 72.438446, 73.663731, 73.400155 ] }, { "date": "2025-02-21", "close": 70.205826, "volume": 756341, "typical_volume": 1729393.4, "trend": 72.753448, "fair_value": 48.40003, "relative_strength": -7.542322, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.565419, "energy": 5.620344, "activity_lines": [ 72.461289, 71.922122, 73.27683, 73.206011 ] }, { "date": "2025-02-28", "close": 66.52462, "volume": 2641381, "typical_volume": 1821064.95, "trend": 72.467132, "fair_value": 48.626891, "relative_strength": -9.955942, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.39544, "energy": 19.567026, "activity_lines": [ 70.591472, 70.922939, 72.542676, 72.804151 ] }, { "date": "2025-03-07", "close": 65.472847, "volume": 561908, "typical_volume": 1619939.85, "trend": 72.239248, "fair_value": 48.846754, "relative_strength": -9.610174, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.885364, "energy": 48.288489, "activity_lines": [ 68.452869, 69.893477, 71.722127, 72.352907 ] }, { "date": "2025-03-14", "close": 62.229881, "volume": 1028976, "typical_volume": 1449795.65, "trend": 72.116541, "fair_value": 49.047365, "relative_strength": -11.824641, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.725808, "energy": 73.883268, "activity_lines": [ 65.776692, 68.376375, 70.663676, 71.707142 ] }, { "date": "2025-03-21", "close": 63.194004, "volume": 309797, "typical_volume": 1330759.0, "trend": 71.882814, "fair_value": 49.254669, "relative_strength": -11.378143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.767091, "energy": 76.885758, "activity_lines": [ 64.30421, 67.2258, 69.78386, 71.131494 ] }, { "date": "2025-03-28", "close": 61.002808, "volume": 597796, "typical_volume": 1312341.3, "trend": 71.523458, "fair_value": 49.445878, "relative_strength": -11.90075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.778313, "energy": 81.914371, "activity_lines": [ 62.796668, 65.836184, 68.758382, 70.429558 ] }, { "date": "2025-04-04", "close": 61.265755, "volume": 837423, "typical_volume": 1289237.45, "trend": 71.240064, "fair_value": 49.63416, "relative_strength": -10.009967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.552217, "energy": 79.69155, "activity_lines": [ 61.990309, 64.62824, 67.827647, 69.767771 ] }, { "date": "2025-04-11", "close": 55.568653, "volume": 2808114, "typical_volume": 1379979.65, "trend": 70.985886, "fair_value": 49.778749, "relative_strength": -10.791803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.559864, "energy": 82.470207, "activity_lines": [ 59.635507, 62.502384, 66.420275, 68.756712 ] }, { "date": "2025-04-18", "close": 64.50872, "volume": 1048864, "typical_volume": 1384241.9, "trend": 70.804747, "fair_value": 49.980646, "relative_strength": 4.060786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.302415, "energy": 52.700048, "activity_lines": [ 60.921006, 62.330276, 65.940717, 68.338831 ] }, { "date": "2025-04-25", "close": 63.544598, "volume": 627563, "typical_volume": 1230413.05, "trend": 70.629452, "fair_value": 50.176619, "relative_strength": -0.080988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.539021, "energy": 45.162156, "activity_lines": [ 61.73321, 62.182072, 65.425265, 67.870434 ] }, { "date": "2025-05-02", "close": 64.771667, "volume": 161499, "typical_volume": 1081813.5, "trend": 70.42494, "fair_value": 50.382764, "relative_strength": -2.784513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.74732, "energy": 34.230062, "activity_lines": [ 62.931063, 62.440235, 65.098882, 67.492512 ] }, { "date": "2025-05-09", "close": 72.046425, "volume": 921111, "typical_volume": 1051481.05, "trend": 70.512588, "fair_value": 50.639128, "relative_strength": 7.071667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.907184, "energy": 18.245499, "activity_lines": [ 66.302579, 64.119884, 65.540042, 67.597124 ] }, { "date": "2025-05-16", "close": 72.221725, "volume": 693387, "typical_volume": 1032531.9, "trend": 70.24088, "fair_value": 50.897641, "relative_strength": 2.40701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.062976, "energy": 20.92945, "activity_lines": [ 69.013816, 65.731009, 66.013758, 67.707391 ] }, { "date": "2025-05-23", "close": 71.432892, "volume": 176590, "typical_volume": 995313.9, "trend": 69.939957, "fair_value": 51.157246, "relative_strength": 1.853408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 22.921585, "energy": 32.268355, "activity_lines": [ 70.351904, 67.076004, 66.406921, 67.784295 ] }, { "date": "2025-05-30", "close": 70.118179, "volume": 313128, "typical_volume": 991364.8, "trend": 69.729602, "fair_value": 51.404069, "relative_strength": 1.053137, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.288518, "energy": 33.288282, "activity_lines": [ 70.790144, 68.014632, 66.681133, 67.795793 ] }, { "date": "2025-06-06", "close": 69.241699, "volume": 375232, "typical_volume": 956959.9, "trend": 69.516326, "fair_value": 51.647066, "relative_strength": -1.712863, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.310091, "energy": 30.701568, "activity_lines": [ 70.497984, 68.668006, 66.880636, 67.764316 ] }, { "date": "2025-06-13", "close": 67.488747, "volume": 575301, "typical_volume": 891313.45, "trend": 69.262148, "fair_value": 51.880107, "relative_strength": -5.854577, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.641198, "energy": 15.944533, "activity_lines": [ 69.323505, 68.852863, 66.909018, 67.633504 ] }, { "date": "2025-06-20", "close": 67.488747, "volume": 121120, "typical_volume": 858271.45, "trend": 69.124834, "fair_value": 52.112379, "relative_strength": -5.39496, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.90364, "energy": 10.627393, "activity_lines": [ 68.452871, 68.924575, 66.938651, 67.519091 ] }, { "date": "2025-06-27", "close": 67.050499, "volume": 169526, "typical_volume": 823728.05, "trend": 68.818067, "fair_value": 52.345942, "relative_strength": -7.898224, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.643227, "energy": 15.444349, "activity_lines": [ 67.751687, 68.699877, 66.955763, 67.385263 ] }, { "date": "2025-07-04", "close": 66.261673, "volume": 258053, "typical_volume": 749155.5, "trend": 68.403201, "fair_value": 52.579059, "relative_strength": -8.04947, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.736506, "energy": 20.724372, "activity_lines": [ 67.07972, 68.285541, 66.937816, 67.220334 ] }, { "date": "2025-07-11", "close": 63.632244, "volume": 301886, "typical_volume": 726432.75, "trend": 67.842256, "fair_value": 52.796859, "relative_strength": -11.561031, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.644532, "energy": 30.3094, "activity_lines": [ 65.788377, 67.343727, 66.704506, 66.912531 ] }, { "date": "2025-07-18", "close": 63.281654, "volume": 290924, "typical_volume": 608909.9, "trend": 67.439076, "fair_value": 53.002419, "relative_strength": -13.914564, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.293113, "energy": 44.811633, "activity_lines": [ 64.754134, 66.358885, 66.469109, 66.618298 ] }, { "date": "2025-07-25", "close": 65.2099, "volume": 232061, "typical_volume": 592417.55, "trend": 67.24333, "fair_value": 53.222645, "relative_strength": -10.737351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.50972, "energy": 43.446103, "activity_lines": [ 64.643113, 65.883993, 66.432797, 66.47448 ] }, { "date": "2025-08-01", "close": 68.428966, "volume": 1112063, "typical_volume": 596571.9, "trend": 67.099375, "fair_value": 53.460176, "relative_strength": -6.336599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.571365, "energy": 19.265927, "activity_lines": [ 65.757037, 66.121873, 66.704316, 66.550973 ] }, { "date": "2025-08-08", "close": 64.421074, "volume": 262288, "typical_volume": 594196.45, "trend": 66.848118, "fair_value": 53.672784, "relative_strength": -13.625185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.803597, "energy": 23.952734, "activity_lines": [ 65.443099, 65.685663, 66.564611, 66.37818 ] }, { "date": "2025-08-15", "close": 62.668121, "volume": 471514, "typical_volume": 587882.35, "trend": 66.658215, "fair_value": 53.862627, "relative_strength": -16.802077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.389974, "energy": 26.055684, "activity_lines": [ 64.66755, 65.034318, 66.252114, 66.108502 ] }, { "date": "2025-08-22", "close": 63.807541, "volume": 464615, "typical_volume": 569241.95, "trend": 66.526743, "fair_value": 54.066559, "relative_strength": -13.010934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.68865, "energy": 24.49363, "activity_lines": [ 64.336083, 64.709659, 66.040204, 65.924588 ] }, { "date": "2025-08-29", "close": 62.755764, "volume": 765514, "typical_volume": 467111.95, "trend": 66.164466, "fair_value": 54.261606, "relative_strength": -15.758195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.378906, "energy": 47.512976, "activity_lines": [ 63.618964, 64.2607, 65.716021, 65.681299 ] }, { "date": "2025-09-05", "close": 65.823433, "volume": 744726, "typical_volume": 451905.05, "trend": 65.843091, "fair_value": 54.475783, "relative_strength": -12.338999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.143378, "energy": 34.712116, "activity_lines": [ 64.088011, 64.455552, 65.649773, 65.659297 ] }, { "date": "2025-09-12", "close": 72.747604, "volume": 4824944, "typical_volume": 661774.1, "trend": 65.813876, "fair_value": 54.738095, "relative_strength": -6.790863, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "up", "direction": 52.63563, "energy": 26.597749, "activity_lines": [ 67.038816, 65.931655, 66.236709, 66.104749 ] }, { "date": "2025-09-19", "close": 73.185844, "volume": 2950600, "typical_volume": 801229.15, "trend": 65.913209, "fair_value": 55.00375, "relative_strength": -6.402184, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "up", "direction": 66.768837, "energy": 51.762246, "activity_lines": [ 69.5806, 67.369512, 66.821558, 66.58036 ] }, { "date": "2025-09-26", "close": 79.0, "volume": 2497928, "typical_volume": 880070.0, "trend": 66.329055, "fair_value": 55.309086, "relative_strength": 1.036431, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.582436, "energy": 74.149528, "activity_lines": [ 73.359255, 69.690787, 67.920069, 67.424669 ] }, { "date": "2025-10-03", "close": 82.300003, "volume": 2090561, "typical_volume": 949928.7, "trend": 66.889961, "fair_value": 55.632095, "relative_strength": 0.632777, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.84159, "energy": 86.125833, "activity_lines": [ 77.225079, 72.326274, 69.299753, 68.455053 ] }, { "date": "2025-10-10", "close": 76.5, "volume": 1636690, "typical_volume": 1022933.7, "trend": 67.365631, "fair_value": 55.92087, "relative_strength": -8.132786, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.249831, "energy": 77.332796, "activity_lines": [ 77.85462, 73.596486, 70.079065, 69.075055 ] }, { "date": "2025-10-17", "close": 75.199997, "volume": 1073104, "typical_volume": 1060932.5, "trend": 67.765831, "fair_value": 56.202382, "relative_strength": -9.2634, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.708376, "energy": 70.447556, "activity_lines": [ 77.339056, 74.483587, 70.710437, 69.580498 ] }, { "date": "2025-10-24", "close": 78.300003, "volume": 559105, "typical_volume": 1070126.15, "trend": 68.342404, "fair_value": 56.52465, "relative_strength": -5.965211, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.558601, "energy": 52.968758, "activity_lines": [ 77.693334, 75.738346, 71.61285, 70.260122 ] }, { "date": "2025-10-31", "close": 74.400002, "volume": 947303, "typical_volume": 1088726.25, "trend": 68.780212, "fair_value": 56.818705, "relative_strength": -12.512658, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.613523, "energy": 37.690583, "activity_lines": [ 76.406668, 75.999797, 72.100698, 70.650935 ] }, { "date": "2025-11-07", "close": 72.900002, "volume": 256549, "typical_volume": 1095497.7, "trend": 69.357924, "fair_value": 57.102341, "relative_strength": -12.088476, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.278644, "energy": 26.306829, "activity_lines": [ 74.926668, 75.795931, 72.412779, 70.916728 ] }, { "date": "2025-11-14", "close": 71.699997, "volume": 309830, "typical_volume": 1102512.9, "trend": 69.597633, "fair_value": 57.375073, "relative_strength": -12.412993, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.039335, "energy": 19.546659, "activity_lines": [ 73.673333, 75.189442, 72.584806, 71.067829 ] }, { "date": "2025-11-21", "close": 71.199997, "volume": 474767, "typical_volume": 1113348.6, "trend": 69.852813, "fair_value": 57.641386, "relative_strength": -9.591888, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.22303, "energy": 21.213306, "activity_lines": [ 72.573332, 74.385197, 72.687073, 71.171208 ] }, { "date": "2025-11-28", "close": 74.900002, "volume": 436938, "typical_volume": 1120101.2, "trend": 70.190424, "fair_value": 57.92392, "relative_strength": -8.631155, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.047943, "energy": 20.094359, "activity_lines": [ 72.973333, 74.281818, 73.118206, 71.496833 ] }, { "date": "2025-12-05", "close": 76.699997, "volume": 420237, "typical_volume": 1126566.85, "trend": 70.345544, "fair_value": 58.218796, "relative_strength": -7.142483, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.994086, "energy": 19.057935, "activity_lines": [ 74.199999, 74.474545, 73.667111, 71.916805 ] }, { "date": "2025-12-12", "close": 74.800003, "volume": 553029, "typical_volume": 1142615.25, "trend": 70.431486, "fair_value": 58.488373, "relative_strength": -9.659523, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.987255, "energy": 24.042075, "activity_lines": [ 74.64, 74.363636, 73.971167, 72.20419 ] }, { "date": "2025-12-19", "close": 73.0, "volume": 257309, "typical_volume": 1099877.55, "trend": 70.483723, "fair_value": 58.748554, "relative_strength": -9.859501, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.097093, "energy": 25.16993, "activity_lines": [ 74.353334, 74.061818, 74.058127, 72.3699 ] }, { "date": "2025-12-26", "close": 75.0, "volume": 392537, "typical_volume": 1106390.0, "trend": 70.64645, "fair_value": 59.017271, "relative_strength": -9.862899, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.719031, "energy": 24.285793, "activity_lines": [ 74.646667, 74.187273, 74.313797, 72.661273 ] }, { "date": "2026-01-02", "close": 72.300003, "volume": 467994, "typical_volume": 1106214.0, "trend": 70.748394, "fair_value": 59.2735, "relative_strength": -15.086859, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.034277, "energy": 10.687788, "activity_lines": [ 73.786668, 73.825455, 74.261948, 72.767954 ] }, { "date": "2026-01-09", "close": 74.199997, "volume": 2265682, "typical_volume": 1196267.35, "trend": 70.972102, "fair_value": 59.539767, "relative_strength": -15.168623, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.125988, "energy": 10.244045, "activity_lines": [ 73.733333, 73.918182, 74.345185, 72.990638 ] }, { "date": "2026-01-16", "close": 72.800003, "volume": 815943, "typical_volume": 1198788.8, "trend": 71.149144, "fair_value": 59.799201, "relative_strength": -19.385856, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.686996, "energy": 8.233856, "activity_lines": [ 73.380001, 73.76, 74.245601, 73.108567 ] }, { "date": "2026-01-23", "close": 70.5, "volume": 589047, "typical_volume": 1191004.85, "trend": 71.264127, "fair_value": 60.040411, "relative_strength": -22.911191, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.008714, "energy": 8.454447, "activity_lines": [ 72.393334, 73.185455, 73.87914, 73.066687 ] }, { "date": "2026-01-30", "close": 70.0, "volume": 1668036, "typical_volume": 1033159.45, "trend": 71.388738, "fair_value": 60.280289, "relative_strength": -23.213574, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.020036, "energy": 18.556369, "activity_lines": [ 71.406667, 72.541819, 73.44279, 72.98513 ] }, { "date": "2026-02-06", "close": 68.0, "volume": 1560258, "typical_volume": 963642.35, "trend": 71.53433, "fair_value": 60.512435, "relative_strength": -24.197348, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.566372, "energy": 40.371833, "activity_lines": [ 70.086667, 71.556364, 72.829048, 72.766502 ] }, { "date": "2026-02-13", "close": 70.099998, "volume": 2360382, "typical_volume": 956765.05, "trend": 71.761608, "fair_value": 60.758042, "relative_strength": -25.539922, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.042091, "energy": 41.992967, "activity_lines": [ 69.753333, 71.078182, 72.44, 72.673964 ] }, { "date": "2026-02-27", "close": 63.799999, "volume": 911015, "typical_volume": 897787.75, "trend": 71.714612, "fair_value": 60.961926, "relative_strength": -35.178172, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.723346, "energy": 58.588839, "activity_lines": [ 67.593332, 69.574545, 71.493333, 72.160312 ] }, { "date": "2026-03-06", "close": 62.299999, "volume": 700439, "typical_volume": 850975.2, "trend": 71.510313, "fair_value": 61.155391, "relative_strength": -32.803411, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.269131, "energy": 65.021139, "activity_lines": [ 65.533332, 67.998181, 70.491905, 71.552918 ] }, { "date": "2026-03-13", "close": 59.799999, "volume": 581916, "typical_volume": 826415.8, "trend": 71.356277, "fair_value": 61.328011, "relative_strength": -34.60947, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.702131, "energy": 80.597514, "activity_lines": [ 63.186666, 66.161818, 69.32, 70.797413 ] }, { "date": "2026-03-20", "close": 60.799999, "volume": 719511, "typical_volume": 834436.1, "trend": 71.294006, "fair_value": 61.498741, "relative_strength": -33.322743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.542708, "energy": 79.767085, "activity_lines": [ 61.853332, 64.783636, 68.316666, 70.116363 ] }, { "date": "2026-03-27", "close": 60.799999, "volume": 326966, "typical_volume": 803419.25, "trend": 71.193755, "fair_value": 61.680717, "relative_strength": -31.968549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.447389, "energy": 77.4029, "activity_lines": [ 60.999999, 63.614545, 67.396666, 69.439331 ] }, { "date": "2026-04-03", "close": 59.200001, "volume": 273961, "typical_volume": 804289.85, "trend": 71.075229, "fair_value": 61.843333, "relative_strength": -32.174012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.954197, "energy": 77.286153, "activity_lines": [ 60.233333, 62.398181, 66.389047, 68.66554 ] }, { "date": "2026-04-10", "close": 67.400002, "volume": 752480, "typical_volume": 826422.35, "trend": 71.127782, "fair_value": 62.061993, "relative_strength": -28.483277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.715905, "energy": 45.037651, "activity_lines": [ 62.506667, 62.92, 66.227619, 68.428429 ] }, { "date": "2026-04-17", "close": 69.699997, "volume": 1081556, "typical_volume": 856761.8, "trend": 71.026195, "fair_value": 62.294862, "relative_strength": -28.336056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.062442, "energy": 22.23026, "activity_lines": [ 65.206666, 63.916363, 66.305714, 68.336313 ] }, { "date": "2026-04-24", "close": 64.800003, "volume": 529366, "typical_volume": 861383.2, "trend": 70.746667, "fair_value": 62.492572, "relative_strength": -36.244991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.170646, "energy": 22.351769, "activity_lines": [ 65.613334, 64.027273, 65.924286, 67.934624 ] }, { "date": "2026-05-01", "close": 64.199997, "volume": 515363, "typical_volume": 866139.5, "trend": 70.253333, "fair_value": 62.689113, "relative_strength": -36.097126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.580778, "energy": 23.966609, "activity_lines": [ 65.553333, 64.087272, 65.533809, 67.512258 ] }, { "date": "2026-05-08", "close": 61.299999, "volume": 1096375, "typical_volume": 893306.8, "trend": 69.553333, "fair_value": 62.846181, "relative_strength": -42.202905, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.270122, "energy": 22.209149, "activity_lines": [ 64.299999, 63.727272, 64.926666, 66.934623 ] }, { "date": "2026-05-15", "close": 59.5, "volume": 797800, "typical_volume": 920331.35, "trend": 68.986666, "fair_value": 62.936287, "relative_strength": -42.443815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.32179, "energy": 40.13966, "activity_lines": [ 62.306666, 63.085454, 64.212381, 66.286021 ] }, { "date": "2026-05-22", "close": 59.5, "volume": 597909, "typical_volume": 930599.95, "trend": 68.463333, "fair_value": 63.04942, "relative_strength": -43.108406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.795328, "energy": 50.984591, "activity_lines": [ 60.84, 62.494545, 63.562381, 65.673978 ] }, { "date": "2026-05-29", "close": 61.299999, "volume": 648791, "typical_volume": 939639.8, "trend": 67.896666, "fair_value": 63.171413, "relative_strength": -43.774274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.231877, "energy": 54.137697, "activity_lines": [ 60.653333, 62.236363, 63.157619, 65.211828 ] }, { "date": "2026-06-05", "close": 70.199997, "volume": 2784756, "typical_volume": 965593.5, "trend": 67.756666, "fair_value": 63.299051, "relative_strength": -35.210959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.873537, "energy": 13.975442, "activity_lines": [ 63.666665, 63.587272, 63.652856, 65.36043 ] }, { "date": "2026-06-12", "close": 60.700001, "volume": 3268518, "typical_volume": 1088222.25, "trend": 67.35, "fair_value": 63.345444, "relative_strength": -41.9891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.167182, "energy": 20.936246, "activity_lines": [ 63.113333, 63.039999, 63.26238, 64.905161 ] }, { "date": "2026-06-19", "close": 60.200001, "volume": 324310, "typical_volume": 1074985.4, "trend": 66.966666, "fair_value": 63.411657, "relative_strength": -44.516468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.283201, "energy": 19.98296, "activity_lines": [ 62.433333, 62.374545, 62.881904, 64.443871 ] }, { "date": "2026-06-26", "close": 57.799999, "volume": 574693, "typical_volume": 1020318.25, "trend": 66.52, "fair_value": 63.454988, "relative_strength": -43.646511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.578509, "energy": 30.529662, "activity_lines": [ 60.906666, 61.403636, 62.321904, 63.852473 ] }, { "date": "2026-07-03", "close": 59.200001, "volume": 859639, "typical_volume": 985287.3, "trend": 65.996666, "fair_value": 63.507294, "relative_strength": -44.212442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.968937, "energy": 50.641232, "activity_lines": [ 59.96, 60.903636, 61.953333, 63.380215 ] }, { "date": "2026-07-10", "close": 60.200001, "volume": 1397106, "typical_volume": 937123.5, "trend": 65.446667, "fair_value": 63.574043, "relative_strength": -40.675973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.903657, "energy": 52.06048, "activity_lines": [ 59.486667, 60.687273, 61.721905, 63.006236 ] }, { "date": "2026-07-17", "close": 56.5, "volume": 1178032, "typical_volume": 950474.35, "trend": 64.836666, "fair_value": 63.632603, "relative_strength": -40.062131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.56738, "energy": 59.816764, "activity_lines": [ 58.446667, 59.870909, 61.185238, 62.429032 ] }, { "date": "2026-07-24", "close": 57.900002, "volume": 446306, "typical_volume": 937767.7, "trend": 64.333333, "fair_value": 63.701968, "relative_strength": -39.23081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.58135, "energy": 50.177074, "activity_lines": [ 58.153334, 59.396364, 60.816667, 61.981505 ] }, { "date": "2026-07-31", "close": 56.400002, "volume": 612342, "typical_volume": 939289.0, "trend": 63.713333, "fair_value": 63.767245, "relative_strength": -39.277099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.277904, "energy": 49.317818, "activity_lines": [ 57.513335, 58.678183, 60.326191, 61.469677 ] }, { "date": "2026-08-07", "close": 58.099998, "volume": 735100, "typical_volume": 940068.45, "trend": 63.24, "fair_value": 63.835128, "relative_strength": -38.123999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.444058, "energy": 38.539881, "activity_lines": [ 57.533334, 58.325455, 60.01381, 61.107527 ] }, { "date": "2026-08-14", "close": 58.200001, "volume": 232450, "typical_volume": 935342.65, "trend": 62.706667, "fair_value": 63.919129, "relative_strength": -39.387269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.556106, "energy": 33.387633, "activity_lines": [ 57.66, 58.049091, 59.72381, 60.782366 ] } ], "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." } } }