{ "ticker": { "uuid": "4fb270b2-caa8-4b36-906c-896b95e58521", "symbol": "3090", "name": "Nichidenbo Corporation", "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": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": -1.333, "architecture_energy": 26.127, "architecture_maturity": 54.047, "architecture_confidence": 80.475, "architecture_tenure": "New", "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": 49.18, "rotation_up": 14.1, "upward_expansion": 43.3, "deceleration": 86.53, "rotation_down": 48.35, "downward_expansion": 37.3 }, "activity_lines": [ 159.233333, 187.191484, 202.611562, 183.417756 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 165.0, "trend_reference": 156.53383, "distance_from_trend": 0.054085, "trend_direction": "Improving", "fair_value": 81.422095, "distance_from_fair_value": 1.026477, "fair_value_direction": "Weakening", "relative_strength": 4.195494, "relative_strength_direction": "Weakening", "price_momentum": 0.803498, "excess_performance": 0.457766, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054085, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.372176, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.026477, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.148286, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.041955, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.601548, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.803498, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.465671, "read": "Demand-led" } ], "volume": { "latest": 67701494, "relative_activity": 1.406684, "balance": 2.465671, "dry_up": 1.22193, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.298592, "annualized_volatility": 1.188801, "from_high_reference": -0.540973, "from_low_reference": 1.471165 }, "levels": { "trend_reference": 156.53383, "fair_value_reference": 81.422095, "structural_low": 83.117978, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.022253, "positive_rate": 0.733333, "directional_follow_through": 0.733333, "median_excess_return": 0.01956, "regime_survival": 0.6, "best_return": 0.308756, "worst_return": -0.03005, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.018032, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.023422, "regime_survival": 0.428571, "best_return": 1.314316, "worst_return": -0.047328, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.094576, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.038159, "regime_survival": 0.6, "best_return": 0.803498, "worst_return": 0.039682, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.228995, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.067644, "regime_survival": 0.0, "best_return": 0.261993, "worst_return": 0.195997, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-11-08", "tenure": "Established", "return": -0.011111, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-11-22", "tenure": "New", "return": -0.008915, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.016371, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-01-03", "tenure": "New", "return": -0.017417, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-21", "tenure": "Developing", "return": 0.084848, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": 0.016901, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.218182, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": -0.003968, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-08-29", "tenure": "Established", "return": -0.042495, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": 0.039216, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2026-02-06", "tenure": "Established", "return": 0.228188, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-05-08", "tenure": "Developing", "return": 0.221744, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-24", "tenure": "Developing", "return": 0.172743, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-21", "tenure": "New", "return": 0.32, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 46.086864, "volume": 1503997, "typical_volume": 2685495.6, "trend": 46.358311, "fair_value": 39.403924, "relative_strength": -2.117574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.835519, "energy": 8.996872, "activity_lines": [ 46.784077, 46.920404, 46.767686, 46.705235 ] }, { "date": "2023-08-25", "close": 46.618637, "volume": 766936, "typical_volume": 2660701.25, "trend": 46.491717, "fair_value": 39.48786, "relative_strength": -1.736457, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.36264, "energy": 14.253805, "activity_lines": [ 46.659997, 46.857044, 46.763242, 46.722031 ] }, { "date": "2023-09-01", "close": 48.036697, "volume": 2595805, "typical_volume": 2612086.25, "trend": 46.629507, "fair_value": 39.585806, "relative_strength": 0.120256, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.79315, "energy": 21.767044, "activity_lines": [ 47.067689, 47.054769, 46.896236, 46.821707 ] }, { "date": "2023-09-08", "close": 50.87281, "volume": 9190373, "typical_volume": 2852691.45, "trend": 46.853794, "fair_value": 39.709983, "relative_strength": 6.289447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.283121, "energy": 61.664654, "activity_lines": [ 48.367575, 47.751472, 47.298413, 47.095468 ] }, { "date": "2023-09-15", "close": 54.063438, "volume": 17181939, "typical_volume": 3603453.75, "trend": 47.144231, "fair_value": 39.852152, "relative_strength": 10.347446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.056187, "energy": 83.543975, "activity_lines": [ 50.482844, 48.960044, 47.979694, 47.560606 ] }, { "date": "2023-09-22", "close": 53.53167, "volume": 8579434, "typical_volume": 3932654.0, "trend": 47.416942, "fair_value": 39.994044, "relative_strength": 12.738734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.790038, "energy": 87.070325, "activity_lines": [ 51.948171, 49.938181, 48.571902, 47.972699 ] }, { "date": "2023-09-29", "close": 52.734009, "volume": 3559093, "typical_volume": 4024698.4, "trend": 47.630901, "fair_value": 40.132387, "relative_strength": 10.680157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.621331, "energy": 83.846499, "activity_lines": [ 52.65129, 50.652044, 49.053779, 48.315736 ] }, { "date": "2023-10-06", "close": 52.556751, "volume": 3308759, "typical_volume": 4109548.35, "trend": 47.836271, "fair_value": 40.265793, "relative_strength": 8.971746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.609236, "energy": 81.503335, "activity_lines": [ 52.887632, 51.238604, 49.484379, 48.633533 ] }, { "date": "2023-10-13", "close": 52.734009, "volume": 1915673, "typical_volume": 4121314.45, "trend": 47.991264, "fair_value": 40.412187, "relative_strength": 7.485014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.94207, "energy": 66.922868, "activity_lines": [ 52.881724, 51.760707, 49.900225, 48.949516 ] }, { "date": "2023-10-20", "close": 50.695553, "volume": 3161997, "typical_volume": 4194460.6, "trend": 48.09707, "fair_value": 40.541713, "relative_strength": 5.402464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.368001, "energy": 44.729768, "activity_lines": [ 52.072249, 51.810661, 50.089835, 49.123986 ] }, { "date": "2023-10-27", "close": 50.07515, "volume": 1488783, "typical_volume": 4192024.5, "trend": 48.174156, "fair_value": 40.665696, "relative_strength": 6.012231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.517035, "energy": 29.093359, "activity_lines": [ 51.2805, 51.680135, 50.201033, 49.251604 ] }, { "date": "2023-11-03", "close": 50.695553, "volume": 1744572, "typical_volume": 4171878.7, "trend": 48.293364, "fair_value": 40.788513, "relative_strength": 4.835682, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.081993, "energy": 20.946286, "activity_lines": [ 50.925986, 51.589895, 50.354943, 49.414275 ] }, { "date": "2023-11-10", "close": 50.341034, "volume": 1723919, "typical_volume": 4156069.95, "trend": 48.376632, "fair_value": 40.910846, "relative_strength": 3.069436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.324076, "energy": 22.064404, "activity_lines": [ 50.589196, 51.361071, 50.456529, 49.546383 ] }, { "date": "2023-11-17", "close": 49.986526, "volume": 1828924, "typical_volume": 4077735.25, "trend": 48.52045, "fair_value": 41.030459, "relative_strength": -0.763825, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.750624, "energy": 20.107255, "activity_lines": [ 50.281952, 51.025895, 50.50901, 49.650247 ] }, { "date": "2023-11-24", "close": 51.49321, "volume": 2977896, "typical_volume": 3634096.8, "trend": 48.70377, "fair_value": 41.154811, "relative_strength": 1.688034, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.752057, "energy": 17.567372, "activity_lines": [ 50.660101, 50.980775, 50.691332, 49.842038 ] }, { "date": "2023-12-01", "close": 53.088524, "volume": 6192747, "typical_volume": 3770706.45, "trend": 48.929547, "fair_value": 41.288943, "relative_strength": 3.795611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.049271, "energy": 31.317009, "activity_lines": [ 51.516844, 51.272444, 51.002798, 50.124925 ] }, { "date": "2023-12-08", "close": 52.379494, "volume": 2331397, "typical_volume": 3715371.8, "trend": 49.158491, "fair_value": 41.407571, "relative_strength": 2.592349, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.748789, "energy": 35.012954, "activity_lines": [ 51.936352, 51.443255, 51.217617, 50.347502 ] }, { "date": "2023-12-15", "close": 52.024982, "volume": 2940893, "typical_volume": 3794522.85, "trend": 49.362218, "fair_value": 41.527282, "relative_strength": 0.14302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.80837, "energy": 52.782476, "activity_lines": [ 52.125427, 51.556055, 51.37546, 50.532437 ] }, { "date": "2023-12-22", "close": 51.227325, "volume": 1714925, "typical_volume": 3804622.55, "trend": 49.536675, "fair_value": 41.640314, "relative_strength": -0.927312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.857723, "energy": 48.777103, "activity_lines": [ 51.936353, 51.533495, 51.434546, 50.652767 ] }, { "date": "2023-12-29", "close": 51.49321, "volume": 1209745, "typical_volume": 3795890.35, "trend": 49.698553, "fair_value": 41.74767, "relative_strength": -2.195938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.027233, "energy": 30.47444, "activity_lines": [ 51.753187, 51.586673, 51.49954, 50.778995 ] }, { "date": "2024-01-05", "close": 50.961441, "volume": 987468, "typical_volume": 3770063.9, "trend": 49.842705, "fair_value": 41.856762, "relative_strength": -0.877752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.68884, "energy": 17.187301, "activity_lines": [ 51.392765, 51.528662, 51.492366, 50.860471 ] }, { "date": "2024-01-12", "close": 50.341034, "volume": 1473697, "typical_volume": 3805401.95, "trend": 49.960817, "fair_value": 41.954944, "relative_strength": -1.96593, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.337042, "energy": 10.271863, "activity_lines": [ 50.967346, 51.341735, 51.402893, 50.892622 ] }, { "date": "2024-01-19", "close": 49.809265, "volume": 1308511, "typical_volume": 3741037.25, "trend": 50.050482, "fair_value": 42.049717, "relative_strength": -3.890484, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.174047, "energy": 15.707506, "activity_lines": [ 50.500569, 51.064569, 51.245049, 50.882844 ] }, { "date": "2024-01-26", "close": 50.252411, "volume": 897493, "typical_volume": 3326393.25, "trend": 50.154918, "fair_value": 42.140175, "relative_strength": -4.686405, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.807454, "energy": 17.726622, "activity_lines": [ 50.329221, 50.877644, 51.120969, 50.895872 ] }, { "date": "2024-02-02", "close": 50.252411, "volume": 1002383, "typical_volume": 2517415.45, "trend": 50.273089, "fair_value": 42.235105, "relative_strength": -5.009424, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.395133, "energy": 30.053196, "activity_lines": [ 50.222867, 50.685884, 50.999844, 50.902162 ] }, { "date": "2024-02-09", "close": 50.16378, "volume": 203300, "typical_volume": 2098608.75, "trend": 50.379444, "fair_value": 42.338636, "relative_strength": -5.328983, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.763846, "energy": 37.544843, "activity_lines": [ 50.169689, 50.50057, 50.888425, 50.89511 ] }, { "date": "2024-02-16", "close": 52.379494, "volume": 2176944, "typical_volume": 2029501.3, "trend": 50.541929, "fair_value": 42.462184, "relative_strength": -3.790638, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 31.626454, "energy": 12.771412, "activity_lines": [ 50.908261, 50.771289, 51.004064, 51.024145 ] }, { "date": "2024-02-23", "close": 53.974815, "volume": 5092946, "typical_volume": 2118710.65, "trend": 50.766455, "fair_value": 42.588803, "relative_strength": -2.296693, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 70.539422, "energy": 42.91553, "activity_lines": [ 52.042708, 51.332067, 51.273327, 51.245622 ] }, { "date": "2024-03-01", "close": 54.861095, "volume": 6601461, "typical_volume": 2353000.05, "trend": 51.023478, "fair_value": 42.710146, "relative_strength": -0.891803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.086898, "energy": 76.831227, "activity_lines": [ 53.194879, 52.018536, 51.620244, 51.509792 ] }, { "date": "2024-03-08", "close": 52.20224, "volume": 4365890, "typical_volume": 2413194.7, "trend": 51.197781, "fair_value": 42.808183, "relative_strength": -9.535481, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.450383, "energy": 65.077417, "activity_lines": [ 53.15352, 52.155508, 51.703808, 51.585841 ] }, { "date": "2024-03-15", "close": 52.468124, "volume": 3230881, "typical_volume": 2500299.6, "trend": 51.41049, "fair_value": 42.904346, "relative_strength": -8.330188, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.722231, "energy": 64.261231, "activity_lines": [ 53.070799, 52.32793, 51.80552, 51.667799 ] }, { "date": "2024-03-22", "close": 52.734009, "volume": 3267099, "typical_volume": 2576425.95, "trend": 51.614335, "fair_value": 43.00132, "relative_strength": -10.126888, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.131951, "energy": 45.884198, "activity_lines": [ 52.923084, 52.521302, 51.921159, 51.753187 ] }, { "date": "2024-03-29", "close": 52.645382, "volume": 2373957, "typical_volume": 2608927.85, "trend": 51.767958, "fair_value": 43.096384, "relative_strength": -10.322534, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.234446, "energy": 25.801322, "activity_lines": [ 52.722193, 52.65505, 52.018651, 51.819706 ] }, { "date": "2024-04-05", "close": 53.088524, "volume": 2349969, "typical_volume": 2634980.1, "trend": 51.841815, "fair_value": 43.198313, "relative_strength": -9.54004, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.091675, "energy": 24.428208, "activity_lines": [ 52.757644, 52.817804, 52.147373, 51.904904 ] }, { "date": "2024-04-12", "close": 53.974815, "volume": 2346728, "typical_volume": 2603421.7, "trend": 51.838861, "fair_value": 43.306371, "relative_strength": -9.557924, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.987022, "energy": 35.813768, "activity_lines": [ 53.206697, 53.090137, 52.345733, 52.042517 ] }, { "date": "2024-04-19", "close": 51.670467, "volume": 3360073, "typical_volume": 2461788.0, "trend": 51.776821, "fair_value": 43.39116, "relative_strength": -7.883623, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.371775, "energy": 18.790505, "activity_lines": [ 52.769463, 52.875817, 52.312814, 52.031653 ] }, { "date": "2024-04-26", "close": 52.734009, "volume": 1754912, "typical_volume": 2432963.75, "trend": 51.776821, "fair_value": 43.487239, "relative_strength": -8.557335, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.142047, "energy": 19.308695, "activity_lines": [ 52.739919, 52.827473, 52.387937, 52.093407 ] }, { "date": "2024-05-03", "close": 55.392868, "volume": 5481167, "typical_volume": 2559977.45, "trend": 51.871358, "fair_value": 43.573528, "relative_strength": -4.78516, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.583646, "energy": 41.776759, "activity_lines": [ 53.596662, 53.256113, 52.714597, 52.3267 ] }, { "date": "2024-05-10", "close": 59.292526, "volume": 22301967, "typical_volume": 3589329.55, "trend": 52.089976, "fair_value": 43.679894, "relative_strength": 0.103936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.105922, "energy": 68.733792, "activity_lines": [ 55.570125, 54.367999, 53.396615, 52.805485 ] }, { "date": "2024-05-17", "close": 59.824295, "volume": 6753992, "typical_volume": 3866541.9, "trend": 52.394267, "fair_value": 43.795931, "relative_strength": -1.593496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.150519, "energy": 86.090592, "activity_lines": [ 57.307245, 55.495999, 54.090872, 53.304473 ] }, { "date": "2024-05-24", "close": 62.040009, "volume": 10217297, "typical_volume": 4328033.35, "trend": 52.793096, "fair_value": 43.963292, "relative_strength": 0.538043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.759639, "energy": 94.378177, "activity_lines": [ 59.39297, 56.888273, 54.956477, 53.926779 ] }, { "date": "2024-05-31", "close": 60.444698, "volume": 7691025, "typical_volume": 4638899.75, "trend": 53.118067, "fair_value": 44.120874, "relative_strength": -0.280214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.858205, "energy": 88.642653, "activity_lines": [ 60.255622, 57.816456, 55.617393, 54.420431 ] }, { "date": "2024-06-07", "close": 61.065094, "volume": 3141070, "typical_volume": 4730527.7, "trend": 53.475536, "fair_value": 44.275724, "relative_strength": -2.430825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.974926, "energy": 89.114237, "activity_lines": [ 60.811027, 58.717244, 56.289282, 54.933142 ] }, { "date": "2024-06-14", "close": 60.887836, "volume": 3815824, "typical_volume": 4876444.25, "trend": 53.838913, "fair_value": 44.43078, "relative_strength": -5.507326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.592974, "energy": 85.395402, "activity_lines": [ 60.929198, 59.432718, 56.89069, 55.411355 ] }, { "date": "2024-06-21", "close": 60.710583, "volume": 3975476, "typical_volume": 5025098.9, "trend": 54.146159, "fair_value": 44.582016, "relative_strength": -8.737219, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.913183, "energy": 62.846456, "activity_lines": [ 60.88193, 59.974158, 57.424572, 55.854689 ] }, { "date": "2024-06-28", "close": 59.22752, "volume": 12395951, "typical_volume": 5634731.45, "trend": 54.350792, "fair_value": 44.713012, "relative_strength": -9.982251, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.928936, "energy": 52.430289, "activity_lines": [ 60.281222, 60.123482, 57.767409, 56.182519 ] }, { "date": "2024-07-05", "close": 60.719868, "volume": 3613336, "typical_volume": 5706551.05, "trend": 54.628804, "fair_value": 44.856704, "relative_strength": -9.631233, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.160318, "energy": 45.293176, "activity_lines": [ 60.365462, 60.406741, 58.209213, 56.593427 ] }, { "date": "2024-07-12", "close": 58.854435, "volume": 3488139, "typical_volume": 5626310.7, "trend": 54.856453, "fair_value": 44.977258, "relative_strength": -13.577495, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.721608, "energy": 34.272761, "activity_lines": [ 59.809547, 60.205633, 58.433641, 56.866048 ] }, { "date": "2024-07-19", "close": 58.761166, "volume": 7548783, "typical_volume": 5673676.8, "trend": 55.107581, "fair_value": 45.08961, "relative_strength": -9.627364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.162771, "energy": 25.30407, "activity_lines": [ 59.36992, 59.924629, 58.625951, 57.117965 ] }, { "date": "2024-07-26", "close": 57.641899, "volume": 1917622, "typical_volume": 5551263.4, "trend": 55.312537, "fair_value": 45.197024, "relative_strength": -8.264635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.530214, "energy": 19.546186, "activity_lines": [ 58.698981, 59.449784, 58.693091, 57.28147 ] }, { "date": "2024-08-02", "close": 59.320793, "volume": 3960072, "typical_volume": 5587722.95, "trend": 55.591182, "fair_value": 45.313858, "relative_strength": -3.455814, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.393438, "energy": 19.770934, "activity_lines": [ 58.792253, 59.319871, 58.894223, 57.540067 ] }, { "date": "2024-08-09", "close": 58.294804, "volume": 6928105, "typical_volume": 5770773.25, "trend": 55.856308, "fair_value": 45.433508, "relative_strength": -4.304367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.133064, "energy": 17.534394, "activity_lines": [ 58.53731, 59.052856, 58.96501, 57.714494 ] }, { "date": "2024-08-16", "close": 58.574619, "volume": 2166209, "typical_volume": 5760385.85, "trend": 56.148486, "fair_value": 45.554504, "relative_strength": -7.511854, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.960002, "energy": 12.188645, "activity_lines": [ 58.53731, 58.875805, 59.035966, 57.889869 ] }, { "date": "2024-08-23", "close": 57.921715, "volume": 1295291, "typical_volume": 5707651.95, "trend": 56.40413, "fair_value": 45.685505, "relative_strength": -7.618792, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.954827, "energy": 9.383124, "activity_lines": [ 58.33833, 58.625325, 59.016507, 58.004271 ] }, { "date": "2024-08-30", "close": 58.388073, "volume": 1235249, "typical_volume": 5652078.0, "trend": 56.675319, "fair_value": 45.827537, "relative_strength": -7.168661, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.366149, "energy": 10.007261, "activity_lines": [ 58.350766, 58.513568, 59.018447, 58.132267 ] }, { "date": "2024-09-06", "close": 57.362087, "volume": 1835240, "typical_volume": 5575836.35, "trend": 56.915262, "fair_value": 45.95495, "relative_strength": -5.001962, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.811145, "energy": 8.059944, "activity_lines": [ 57.971461, 58.257495, 58.901659, 58.176575 ] }, { "date": "2024-09-13", "close": 57.641899, "volume": 1226337, "typical_volume": 5549407.6, "trend": 57.090676, "fair_value": 46.083212, "relative_strength": -5.610146, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.351068, "energy": 9.256323, "activity_lines": [ 57.816007, 58.086213, 58.784416, 58.223454 ] }, { "date": "2024-09-20", "close": 57.54863, "volume": 660656, "typical_volume": 5308382.05, "trend": 57.209803, "fair_value": 46.209456, "relative_strength": -7.030933, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.785976, "energy": 8.9421, "activity_lines": [ 57.672991, 57.953937, 58.63492, 58.253 ] }, { "date": "2024-09-27", "close": 58.388073, "volume": 1368163, "typical_volume": 4261691.85, "trend": 57.327369, "fair_value": 46.340609, "relative_strength": -7.994483, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.647359, "energy": 8.414609, "activity_lines": [ 57.878189, 57.998029, 58.555105, 58.329017 ] }, { "date": "2024-10-04", "close": 57.175545, "volume": 1317971, "typical_volume": 3989890.8, "trend": 57.493145, "fair_value": 46.460205, "relative_strength": -7.40867, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.728242, "energy": 6.640755, "activity_lines": [ 57.648119, 57.828444, 58.364119, 58.319222 ] }, { "date": "2024-10-11", "close": 57.54863, "volume": 1187509, "typical_volume": 3538401.4, "trend": 57.662496, "fair_value": 46.58976, "relative_strength": -8.843306, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.999874, "energy": 13.194784, "activity_lines": [ 57.623247, 57.735173, 58.221277, 58.322802 ] }, { "date": "2024-10-18", "close": 57.45536, "volume": 1718501, "typical_volume": 3239775.2, "trend": 57.819874, "fair_value": 46.721083, "relative_strength": -10.86396, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.656545, "energy": 13.790917, "activity_lines": [ 57.554849, 57.657164, 58.09094, 58.309438 ] }, { "date": "2024-10-25", "close": 57.45536, "volume": 1227823, "typical_volume": 3144112.85, "trend": 57.980207, "fair_value": 46.854771, "relative_strength": -9.928278, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.181995, "energy": 20.903554, "activity_lines": [ 57.498886, 57.594418, 57.974838, 58.285921 ] }, { "date": "2024-11-01", "close": 56.615917, "volume": 1291942, "typical_volume": 3017918.75, "trend": 58.097786, "fair_value": 46.981186, "relative_strength": -8.653172, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.63034, "energy": 32.036625, "activity_lines": [ 57.169327, 57.399396, 57.795978, 58.197903 ] }, { "date": "2024-11-08", "close": 58.108261, "volume": 1685984, "typical_volume": 2903444.15, "trend": 58.235568, "fair_value": 47.115275, "relative_strength": -8.971238, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -50.355458, "energy": 33.951503, "activity_lines": [ 57.45536, 57.499452, 57.779589, 58.198578 ] }, { "date": "2024-11-15", "close": 62.771847, "volume": 61005435, "typical_volume": 5333918.35, "trend": 58.605614, "fair_value": 47.275002, "relative_strength": 1.946146, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.523613, "energy": 26.055721, "activity_lines": [ 59.233741, 58.452519, 58.219743, 58.491242 ] }, { "date": "2024-11-22", "close": 62.212212, "volume": 45640380, "typical_volume": 7435270.55, "trend": 58.921554, "fair_value": 47.428776, "relative_strength": 0.512004, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.36787, "energy": 40.959954, "activity_lines": [ 60.477362, 59.205475, 58.58972, 58.723925 ] }, { "date": "2024-11-29", "close": 68.368149, "volume": 95731993, "typical_volume": 12047463.25, "trend": 59.354063, "fair_value": 47.622011, "relative_strength": 13.620644, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.761988, "energy": 70.21434, "activity_lines": [ 63.455838, 60.994596, 59.538871, 59.333383 ] }, { "date": "2024-12-06", "close": 69.487411, "volume": 105454508, "typical_volume": 16942749.5, "trend": 59.693893, "fair_value": 47.820529, "relative_strength": 10.859845, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.054346, "energy": 83.839428, "activity_lines": [ 66.079883, 62.790501, 60.549315, 59.987147 ] }, { "date": "2024-12-13", "close": 64.264198, "volume": 24118114, "typical_volume": 18052774.1, "trend": 59.84189, "fair_value": 47.969956, "relative_strength": 3.40816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.092101, "energy": 74.034563, "activity_lines": [ 66.104757, 63.434924, 61.011232, 60.282006 ] }, { "date": "2024-12-20", "close": 63.051659, "volume": 10372624, "typical_volume": 18373401.7, "trend": 59.875611, "fair_value": 48.120597, "relative_strength": 3.838237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.186933, "energy": 63.62186, "activity_lines": [ 65.315055, 63.730002, 61.326135, 60.489088 ] }, { "date": "2024-12-27", "close": 65.290176, "volume": 10336378, "typical_volume": 18543815.35, "trend": 60.037127, "fair_value": 48.292209, "relative_strength": 4.038267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.437675, "energy": 42.258723, "activity_lines": [ 65.252872, 64.332027, 61.836464, 60.838414 ] }, { "date": "2025-01-03", "close": 63.144932, "volume": 5820434, "typical_volume": 18726526.6, "trend": 60.106455, "fair_value": 48.44534, "relative_strength": 2.344815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.748649, "energy": 24.682134, "activity_lines": [ 64.27041, 64.401556, 62.109172, 61.038918 ] }, { "date": "2025-01-10", "close": 61.559315, "volume": 5234635, "typical_volume": 18923493.8, "trend": 60.128838, "fair_value": 48.584996, "relative_strength": -0.532523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.00053, "energy": 18.382355, "activity_lines": [ 63.107623, 64.079345, 62.209107, 61.132651 ] }, { "date": "2025-01-17", "close": 61.092953, "volume": 3669488, "typical_volume": 19045205.75, "trend": 60.141584, "fair_value": 48.727338, "relative_strength": -1.742056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.676242, "energy": 16.797395, "activity_lines": [ 62.317922, 63.582461, 62.247303, 61.194852 ] }, { "date": "2025-01-24", "close": 62.118942, "volume": 4888043, "typical_volume": 19197845.9, "trend": 60.237964, "fair_value": 48.875784, "relative_strength": -1.587227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.501085, "energy": 17.525803, "activity_lines": [ 62.081634, 63.217853, 62.370333, 61.322423 ] }, { "date": "2025-02-07", "close": 67.155617, "volume": 13401563, "typical_volume": 19806607.2, "trend": 60.452489, "fair_value": 49.057463, "relative_strength": 6.546403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.771789, "energy": 19.449536, "activity_lines": [ 63.586418, 63.780875, 62.950394, 61.768723 ] }, { "date": "2025-02-14", "close": 67.062347, "volume": 24274524, "typical_volume": 20987300.6, "trend": 60.726086, "fair_value": 49.243747, "relative_strength": 7.798901, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.39442, "energy": 28.126133, "activity_lines": [ 64.93575, 64.237059, 63.476269, 62.195166 ] }, { "date": "2025-02-21", "close": 66.782524, "volume": 5461739, "typical_volume": 21191979.4, "trend": 60.993465, "fair_value": 49.414519, "relative_strength": 4.736591, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.432463, "energy": 42.932891, "activity_lines": [ 65.930646, 64.666108, 63.930191, 62.585904 ] }, { "date": "2025-02-28", "close": 66.2229, "volume": 4585054, "typical_volume": 21355333.55, "trend": 61.279498, "fair_value": 49.581232, "relative_strength": 6.897643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.27726, "energy": 50.873327, "activity_lines": [ 66.390788, 65.042587, 64.290842, 62.923287 ] }, { "date": "2025-03-07", "close": 66.036362, "volume": 4309654, "typical_volume": 21511440.8, "trend": 61.503351, "fair_value": 49.755262, "relative_strength": 8.827579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.884924, "energy": 49.790667, "activity_lines": [ 66.446753, 65.349537, 64.590644, 63.230181 ] }, { "date": "2025-03-14", "close": 68.554695, "volume": 11105640, "typical_volume": 21980797.75, "trend": 61.845347, "fair_value": 49.940706, "relative_strength": 15.705505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.014675, "energy": 57.365579, "activity_lines": [ 67.081001, 66.060099, 65.08987, 63.685107 ] }, { "date": "2025-03-21", "close": 68.554695, "volume": 10309565, "typical_volume": 22434884.85, "trend": 62.178016, "fair_value": 50.128988, "relative_strength": 14.107103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.503083, "energy": 56.161619, "activity_lines": [ 67.621978, 66.711305, 65.536242, 64.117968 ] }, { "date": "2025-03-28", "close": 65.849808, "volume": 4399810, "typical_volume": 22590278.25, "trend": 62.442286, "fair_value": 50.298512, "relative_strength": 12.328213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.459033, "energy": 38.60275, "activity_lines": [ 67.161835, 66.772355, 65.672152, 64.354858 ] }, { "date": "2025-04-04", "close": 67.342155, "volume": 4449624, "typical_volume": 22728460.25, "trend": 62.740755, "fair_value": 50.471926, "relative_strength": 16.050204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.355139, "energy": 34.941508, "activity_lines": [ 67.261323, 67.026731, 65.906219, 64.670978 ] }, { "date": "2025-04-11", "close": 56.429371, "volume": 9485359, "typical_volume": 20152456.45, "trend": 62.709665, "fair_value": 50.575386, "relative_strength": 5.846763, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 0.294387, "energy": 9.054545, "activity_lines": [ 63.648599, 65.183344, 65.057003, 64.263792 ] }, { "date": "2025-04-18", "close": 57.45536, "volume": 5917994, "typical_volume": 18166337.15, "trend": 62.703447, "fair_value": 50.690627, "relative_strength": 8.240286, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.322659, "energy": 32.172349, "activity_lines": [ 61.018337, 63.629946, 64.335702, 63.924805 ] }, { "date": "2025-04-25", "close": 58.201534, "volume": 2929374, "typical_volume": 13526206.2, "trend": 62.72521, "fair_value": 50.810177, "relative_strength": 6.798241, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.694473, "energy": 43.137404, "activity_lines": [ 59.376756, 62.388584, 63.708116, 63.634359 ] }, { "date": "2025-05-02", "close": 61.372772, "volume": 3128451, "typical_volume": 8409903.35, "trend": 62.8247, "fair_value": 50.949583, "relative_strength": 7.411168, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.247534, "energy": 45.041516, "activity_lines": [ 59.482465, 61.884917, 63.430966, 63.547105 ] }, { "date": "2025-05-09", "close": 68.741226, "volume": 24449041, "typical_volume": 8426449.7, "trend": 63.210223, "fair_value": 51.141426, "relative_strength": 19.105842, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.225154, "energy": 11.469868, "activity_lines": [ 62.342794, 62.819329, 63.894215, 63.928816 ] }, { "date": "2025-05-16", "close": 70.513397, "volume": 20150828, "typical_volume": 8915359.9, "trend": 63.642382, "fair_value": 51.338952, "relative_strength": 16.685526, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.823146, "energy": 30.080187, "activity_lines": [ 65.700576, 64.030165, 64.504923, 64.399988 ] }, { "date": "2025-05-23", "close": 70.233582, "volume": 6939833, "typical_volume": 8745532.65, "trend": 64.068323, "fair_value": 51.538469, "relative_strength": 16.901051, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.467071, "energy": 45.57152, "activity_lines": [ 68.02615, 65.108725, 65.053449, 64.825227 ] }, { "date": "2025-05-30", "close": 72.099014, "volume": 7862967, "typical_volume": 8847659.3, "trend": 64.556444, "fair_value": 51.747106, "relative_strength": 21.2994, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.552357, "energy": 59.080071, "activity_lines": [ 70.121654, 66.495929, 65.756096, 65.343336 ] }, { "date": "2025-06-06", "close": 72.285561, "volume": 12391423, "typical_volume": 9205498.7, "trend": 65.078766, "fair_value": 51.953628, "relative_strength": 19.455778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.316081, "energy": 72.848418, "activity_lines": [ 71.352842, 67.852609, 66.43387, 65.841989 ] }, { "date": "2025-06-13", "close": 71.725929, "volume": 6295640, "typical_volume": 9336806.3, "trend": 65.532688, "fair_value": 52.155143, "relative_strength": 15.953143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.120767, "energy": 70.224831, "activity_lines": [ 71.669966, 68.990524, 67.007269, 66.270838 ] }, { "date": "2025-06-20", "close": 69.394135, "volume": 9474735, "typical_volume": 9566140.9, "trend": 65.753431, "fair_value": 52.342184, "relative_strength": 11.982202, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.742616, "energy": 52.701028, "activity_lines": [ 71.010846, 69.624771, 67.307959, 66.519964 ] }, { "date": "2025-06-27", "close": 70.326859, "volume": 9205066, "typical_volume": 9356316.05, "trend": 66.023919, "fair_value": 52.541826, "relative_strength": 10.421227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.640436, "energy": 36.557854, "activity_lines": [ 70.737251, 70.192882, 67.662836, 66.815024 ] }, { "date": "2025-07-04", "close": 70.413925, "volume": 41182166, "typical_volume": 10201698.15, "trend": 66.092112, "fair_value": 52.743445, "relative_strength": 10.302998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.847193, "energy": 27.320939, "activity_lines": [ 70.486459, 70.542795, 68.010904, 67.09825 ] }, { "date": "2025-07-11", "close": 71.201775, "volume": 15221943, "typical_volume": 10689708.35, "trend": 66.149257, "fair_value": 52.969981, "relative_strength": 10.126455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.264113, "energy": 28.238075, "activity_lines": [ 70.610623, 70.813911, 68.418046, 67.427906 ] }, { "date": "2025-07-18", "close": 76.322784, "volume": 19125425, "typical_volume": 11416726.9, "trend": 66.55121, "fair_value": 53.234241, "relative_strength": 14.235013, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.177197, "energy": 44.698396, "activity_lines": [ 72.514043, 71.83741, 69.291858, 68.084262 ] }, { "date": "2025-07-25", "close": 74.156204, "volume": 5998619, "typical_volume": 11501175.15, "trend": 66.921362, "fair_value": 53.482808, "relative_strength": 10.631207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.250193, "energy": 51.874202, "activity_lines": [ 73.388813, 72.329138, 69.911235, 68.574907 ] }, { "date": "2025-08-01", "close": 75.33797, "volume": 3051012, "typical_volume": 11098443.75, "trend": 67.256288, "fair_value": 53.725549, "relative_strength": 11.603014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.533194, "energy": 62.413359, "activity_lines": [ 74.340033, 72.969501, 70.604495, 69.117914 ] }, { "date": "2025-08-08", "close": 69.626076, "volume": 18342843, "typical_volume": 11500107.65, "trend": 67.472326, "fair_value": 53.924975, "relative_strength": 0.516329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.489489, "energy": 42.127192, "activity_lines": [ 73.053214, 72.47853, 70.721464, 69.270803 ] }, { "date": "2025-08-15", "close": 68.444305, "volume": 6225906, "typical_volume": 11591412.45, "trend": 67.701826, "fair_value": 54.122238, "relative_strength": -2.524859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.573608, "energy": 19.50642, "activity_lines": [ 71.424995, 71.817654, 70.720781, 69.333512 ] }, { "date": "2025-08-22", "close": 68.050377, "volume": 3383756, "typical_volume": 11538119.05, "trend": 67.93374, "fair_value": 54.302543, "relative_strength": -0.921549, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.694741, "energy": 16.221569, "activity_lines": [ 69.849298, 71.154996, 70.670227, 69.355999 ] }, { "date": "2025-08-29", "close": 69.035187, "volume": 2998335, "typical_volume": 11213767.85, "trend": 68.164282, "fair_value": 54.487615, "relative_strength": -1.58519, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.008068, "energy": 21.308789, "activity_lines": [ 69.153365, 70.738223, 70.710092, 69.42706 ] }, { "date": "2025-09-05", "close": 70.315445, "volume": 3747254, "typical_volume": 11105230.85, "trend": 68.269609, "fair_value": 54.675997, "relative_strength": -0.993668, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.797373, "energy": 15.62356, "activity_lines": [ 69.225586, 70.56075, 70.811858, 69.565845 ] }, { "date": "2025-09-12", "close": 71.891136, "volume": 6329618, "typical_volume": 11275243.05, "trend": 68.430569, "fair_value": 54.872418, "relative_strength": -2.763529, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.933951, "energy": 11.994648, "activity_lines": [ 70.157872, 70.669974, 71.002452, 69.799492 ] }, { "date": "2025-09-19", "close": 74.845566, "volume": 13192291, "typical_volume": 11778435.05, "trend": 68.699337, "fair_value": 55.092416, "relative_strength": 0.63718, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.182729, "energy": 26.618102, "activity_lines": [ 71.923964, 71.289508, 71.409231, 70.213362 ] }, { "date": "2025-09-26", "close": 73.072906, "volume": 13417024, "typical_volume": 11226834.2, "trend": 68.92767, "fair_value": 55.302082, "relative_strength": -1.922213, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.274493, "energy": 35.996712, "activity_lines": [ 72.672419, 71.52049, 71.58303, 70.495528 ] }, { "date": "2025-10-03", "close": 73.368355, "volume": 3915397, "typical_volume": 10415062.65, "trend": 69.17207, "fair_value": 55.519569, "relative_strength": -5.984282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.57838, "energy": 45.668407, "activity_lines": [ 73.184521, 71.864279, 71.764339, 70.782024 ] }, { "date": "2025-10-10", "close": 75.239494, "volume": 5627091, "typical_volume": 10349425.55, "trend": 69.394897, "fair_value": 55.754721, "relative_strength": -5.616187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.936247, "energy": 58.255021, "activity_lines": [ 74.031458, 72.562599, 72.110257, 71.173471 ] }, { "date": "2025-10-17", "close": 77.504555, "volume": 16188533, "typical_volume": 10765703.85, "trend": 69.693225, "fair_value": 55.993826, "relative_strength": -2.984626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.696693, "energy": 65.936789, "activity_lines": [ 75.305146, 73.674539, 72.648057, 71.696674 ] }, { "date": "2025-10-24", "close": 87.648102, "volume": 53882383, "typical_volume": 12840251.85, "trend": 70.419835, "fair_value": 56.305427, "relative_strength": 8.271747, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.10172, "energy": 86.083127, "activity_lines": [ 79.585789, 76.487515, 74.126169, 72.855054 ] }, { "date": "2025-10-31", "close": 88.829872, "volume": 75883369, "typical_volume": 16319638.3, "trend": 71.136092, "fair_value": 56.628728, "relative_strength": 6.529114, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.983553, "energy": 88.454719, "activity_lines": [ 83.406852, 79.166199, 75.643676, 74.042798 ] }, { "date": "2025-11-07", "close": 79.375694, "volume": 22351980, "typical_volume": 16963500.55, "trend": 71.90097, "fair_value": 56.893486, "relative_strength": -3.048651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.403275, "energy": 76.587597, "activity_lines": [ 83.026058, 79.748132, 76.179337, 74.574385 ] }, { "date": "2025-11-14", "close": 89.026833, "volume": 65327421, "typical_volume": 19769618.3, "trend": 72.953352, "fair_value": 57.204906, "relative_strength": 9.192342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.545532, "energy": 77.650405, "activity_lines": [ 85.461821, 81.896809, 77.586623, 75.679279 ] }, { "date": "2025-11-21", "close": 81.739243, "volume": 37924287, "typical_volume": 19606724.35, "trend": 73.737943, "fair_value": 57.464971, "relative_strength": 3.682078, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.524926, "energy": 47.768063, "activity_lines": [ 84.549232, 82.380262, 78.210805, 76.246111 ] }, { "date": "2025-11-28", "close": 87.549622, "volume": 32943603, "typical_volume": 20492807.35, "trend": 74.610504, "fair_value": 57.759704, "relative_strength": 5.953111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.932308, "energy": 43.920869, "activity_lines": [ 85.291123, 83.741091, 79.334427, 77.137187 ] }, { "date": "2025-12-05", "close": 86.269363, "volume": 14154541, "typical_volume": 20244263.15, "trend": 75.194776, "fair_value": 58.043139, "relative_strength": 3.073287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.325688, "energy": 42.901189, "activity_lines": [ 85.612826, 84.638163, 80.258273, 77.889372 ] }, { "date": "2025-12-12", "close": 102.912659, "volume": 114198282, "typical_volume": 25654246.3, "trend": 76.274751, "fair_value": 58.433261, "relative_strength": 21.501067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.002703, "energy": 55.665448, "activity_lines": [ 91.652995, 88.321353, 82.719829, 79.677622 ] }, { "date": "2025-12-19", "close": 93.163033, "volume": 36287206, "typical_volume": 27316056.0, "trend": 77.039066, "fair_value": 58.765009, "relative_strength": 11.57404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.957537, "energy": 52.892813, "activity_lines": [ 92.874158, 89.694714, 84.115914, 80.767189 ] }, { "date": "2025-12-26", "close": 92.079742, "volume": 15045510, "typical_volume": 27151189.35, "trend": 77.70509, "fair_value": 59.079504, "relative_strength": 6.668659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.613221, "energy": 54.714567, "activity_lines": [ 93.458478, 90.545232, 85.323948, 81.737555 ] }, { "date": "2026-01-02", "close": 106.359489, "volume": 45411808, "typical_volume": 29110484.45, "trend": 78.840888, "fair_value": 59.488114, "relative_strength": 19.257336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.205502, "energy": 72.216607, "activity_lines": [ 98.113346, 93.727063, 87.785035, 83.586226 ] }, { "date": "2026-01-09", "close": 99.46582, "volume": 76717911, "typical_volume": 32777192.2, "trend": 79.765551, "fair_value": 59.854594, "relative_strength": 7.71007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.78606, "energy": 47.613246, "activity_lines": [ 99.216334, 95.315293, 89.409034, 84.916867 ] }, { "date": "2026-01-16", "close": 98.973419, "volume": 50198198, "typical_volume": 35137185.35, "trend": 80.751527, "fair_value": 60.212249, "relative_strength": 3.046529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.108489, "energy": 44.878202, "activity_lines": [ 99.275424, 96.620615, 90.83654, 86.156084 ] }, { "date": "2026-01-23", "close": 99.958229, "volume": 29312847, "typical_volume": 36415465.0, "trend": 81.739239, "fair_value": 60.579824, "relative_strength": 1.958776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.52839, "energy": 45.758794, "activity_lines": [ 99.9254, 97.74867, 92.215274, 87.395226 ] }, { "date": "2026-01-30", "close": 91.094933, "volume": 16706212, "typical_volume": 36934294.7, "trend": 82.428606, "fair_value": 60.890584, "relative_strength": -7.494504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.024278, "energy": 33.657429, "activity_lines": [ 97.167931, 97.066465, 92.608729, 87.998819 ] }, { "date": "2026-02-06", "close": 90.110123, "volume": 13933712, "typical_volume": 36971365.75, "trend": 83.058885, "fair_value": 61.186783, "relative_strength": -7.671489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.797422, "energy": 21.708574, "activity_lines": [ 94.147846, 96.0351, 92.816946, 88.494401 ] }, { "date": "2026-02-13", "close": 91.488861, "volume": 6947645, "typical_volume": 36647896.8, "trend": 83.56442, "fair_value": 61.490275, "relative_strength": -11.246601, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.669988, "energy": 19.555583, "activity_lines": [ 92.670632, 95.20786, 93.083783, 89.03827 ] }, { "date": "2026-02-27", "close": 98.185562, "volume": 27646176, "typical_volume": 37834435.75, "trend": 84.365399, "fair_value": 61.828962, "relative_strength": -9.591293, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.651057, "energy": 21.85939, "activity_lines": [ 93.957448, 95.503302, 93.900705, 89.98157 ] }, { "date": "2026-03-06", "close": 91.193413, "volume": 13378731, "typical_volume": 38222017.75, "trend": 84.893914, "fair_value": 62.122828, "relative_strength": -11.405737, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.509714, "energy": 16.990974, "activity_lines": [ 92.966072, 94.613392, 93.933532, 90.422087 ] }, { "date": "2026-03-13", "close": 90.996452, "volume": 12492732, "typical_volume": 38037227.7, "trend": 85.60626, "fair_value": 62.409246, "relative_strength": -10.957651, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.470571, "energy": 10.229617, "activity_lines": [ 92.493363, 93.723481, 93.87163, 90.815799 ] }, { "date": "2026-03-20", "close": 93.852409, "volume": 19278093, "typical_volume": 36307013.2, "trend": 86.453196, "fair_value": 62.713456, "relative_strength": -8.370183, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.95845, "energy": 11.253564, "activity_lines": [ 92.979205, 93.372532, 94.017476, 91.347809 ] }, { "date": "2026-03-27", "close": 94.837219, "volume": 8125722, "typical_volume": 32919130.85, "trend": 87.346091, "fair_value": 63.013155, "relative_strength": -6.070958, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.097511, "energy": 13.775168, "activity_lines": [ 93.543832, 93.42804, 94.227569, 91.888713 ] }, { "date": "2026-04-03", "close": 89.322273, "volume": 6792540, "typical_volume": 32141158.85, "trend": 88.022327, "fair_value": 63.281109, "relative_strength": -9.892157, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.354856, "energy": 6.648488, "activity_lines": [ 92.046919, 92.564988, 93.883823, 92.016209 ] }, { "date": "2026-04-10", "close": 98.48101, "volume": 17485161, "typical_volume": 29749045.85, "trend": 88.96118, "fair_value": 63.606227, "relative_strength": -8.41354, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.580038, "energy": 19.607302, "activity_lines": [ 94.193805, 93.542636, 94.364973, 92.690963 ] }, { "date": "2026-04-17", "close": 106.851898, "volume": 53929842, "typical_volume": 30549323.6, "trend": 90.126538, "fair_value": 63.989129, "relative_strength": -4.380548, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.156616, "energy": 49.395336, "activity_lines": [ 98.645146, 96.069122, 95.598331, 93.845202 ] }, { "date": "2026-04-24", "close": 94.935699, "volume": 28656660, "typical_volume": 30334976.45, "trend": 90.796209, "fair_value": 64.291005, "relative_strength": -19.420433, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.891537, "energy": 34.872552, "activity_lines": [ 98.067392, 96.142536, 95.577228, 94.155471 ] }, { "date": "2026-05-01", "close": 94.837219, "volume": 11451520, "typical_volume": 30199825.4, "trend": 91.521687, "fair_value": 64.606167, "relative_strength": -19.239378, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.664306, "energy": 33.239106, "activity_lines": [ 97.384592, 96.110306, 95.511575, 94.416181 ] }, { "date": "2026-05-08", "close": 111.775948, "volume": 75327050, "typical_volume": 28256263.8, "trend": 92.80194, "fair_value": 65.027848, "relative_strength": -10.789135, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.555946, "energy": 56.561413, "activity_lines": [ 102.348035, 99.096967, 97.018334, 95.722908 ] }, { "date": "2026-05-15", "close": 139.843033, "volume": 87853666, "typical_volume": 30834586.8, "trend": 94.955391, "fair_value": 65.627386, "relative_strength": 12.702732, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.937577, "energy": 79.086843, "activity_lines": [ 115.170261, 106.939636, 101.155943, 98.757817 ] }, { "date": "2026-05-22", "close": 211.734177, "volume": 165940210, "typical_volume": 38379321.8, "trend": 99.429712, "fair_value": 66.692918, "relative_strength": 64.350293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.110225, "energy": 97.438767, "activity_lines": [ 149.198733, 126.968883, 111.918042, 106.291932 ] }, { "date": "2026-05-29", "close": 225.521515, "volume": 19998636, "typical_volume": 37108663.2, "trend": 104.025492, "fair_value": 67.844253, "relative_strength": 63.5509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.67302, "energy": 98.303828, "activity_lines": [ 180.830833, 147.309688, 123.423438, 114.426887 ] }, { "date": "2026-06-05", "close": 217.643036, "volume": 9955691, "typical_volume": 33770552.2, "trend": 108.319264, "fair_value": 68.94457, "relative_strength": 55.247868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.44853, "energy": 94.440091, "activity_lines": [ 201.131052, 163.824058, 133.611064, 121.757051 ] }, { "date": "2026-06-12", "close": 252.111389, "volume": 90551648, "typical_volume": 35788224.7, "trend": 114.077121, "fair_value": 70.261714, "relative_strength": 80.855904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.598447, "energy": 96.600205, "activity_lines": [ 224.733668, 184.372569, 146.518642, 131.033963 ] }, { "date": "2026-06-19", "close": 327.449371, "volume": 98199240, "typical_volume": 39232544.35, "trend": 122.024539, "fair_value": 72.061795, "relative_strength": 118.242432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.784938, "energy": 99.003511, "activity_lines": [ 264.093248, 215.659092, 165.872038, 144.799914 ] }, { "date": "2026-06-26", "close": 305.291138, "volume": 33812697, "typical_volume": 40087868.6, "trend": 129.476268, "fair_value": 73.718804, "relative_strength": 107.542478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.343006, "energy": 80.045151, "activity_lines": [ 283.559662, 238.753785, 182.031834, 156.623566 ] }, { "date": "2026-07-03", "close": 318.5, "volume": 4959170, "typical_volume": 39639141.5, "trend": 137.174614, "fair_value": 75.458424, "relative_strength": 101.951663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.259023, "energy": 72.713323, "activity_lines": [ 301.191899, 260.642103, 198.429635, 168.818645 ] }, { "date": "2026-07-10", "close": 286.5, "volume": 0, "typical_volume": 39291759.25, "trend": 143.848969, "fair_value": 76.992915, "relative_strength": 84.020348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.249593, "energy": 68.159934, "activity_lines": [ 301.958903, 272.647433, 210.692246, 178.452541 ] }, { "date": "2026-07-17", "close": 194.5, "volume": 16470361, "typical_volume": 38732968.5, "trend": 146.90188, "fair_value": 77.940304, "relative_strength": 31.730089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.350004, "energy": 56.541556, "activity_lines": [ 267.468776, 264.440713, 213.264328, 181.72035 ] }, { "date": "2026-07-24", "close": 164.0, "volume": 12738565, "typical_volume": 38700960.2, "trend": 149.263113, "fair_value": 78.690477, "relative_strength": 8.274133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.333807, "energy": 25.287039, "activity_lines": [ 226.652743, 249.184465, 212.473008, 182.823454 ] }, { "date": "2026-07-31", "close": 125.0, "volume": 9919491, "typical_volume": 38572298.15, "trend": 150.360454, "fair_value": 79.18724, "relative_strength": -16.322347, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.402272, "energy": 24.679223, "activity_lines": [ 183.733333, 226.39809, 207.620705, 181.258092 ] }, { "date": "2026-08-07", "close": 150.5, "volume": 59683103, "typical_volume": 40592548.65, "trend": 151.831805, "fair_value": 79.849169, "relative_strength": -1.874446, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.475721, "energy": 31.692184, "activity_lines": [ 161.333333, 209.825063, 205.035051, 181.267095 ] }, { "date": "2026-08-14", "close": 174.5, "volume": 97934100, "typical_volume": 45082967.55, "trend": 154.332944, "fair_value": 80.665513, "relative_strength": 9.284981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.564292, "energy": 27.948317, "activity_lines": [ 158.133333, 198.979701, 204.465361, 182.729559 ] }, { "date": "2026-08-21", "close": 165.0, "volume": 67701494, "typical_volume": 48128415.25, "trend": 156.53383, "fair_value": 81.422095, "relative_strength": 4.195494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.333203, "energy": 26.126662, "activity_lines": [ 159.233333, 187.191484, 202.611562, 183.417756 ] } ], "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." } } }