{ "ticker": { "uuid": "61bd93eb-9bbb-41a7-8551-9e9e4d0dbc9f", "symbol": "2363", "name": "Silicon Integrated Systems Corp.", "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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 88.522, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.343, "architecture_energy": 46.503, "architecture_maturity": 9.532, "architecture_confidence": 76.064, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 34.78, "rotation_up": 14.72, "upward_expansion": 23.31, "deceleration": 51.47, "rotation_down": 67.84, "downward_expansion": 52.98 }, "activity_lines": [ 51.710621, 55.074827, 58.109656, 57.282559 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 50.700001, "trend_reference": 55.969375, "distance_from_trend": -0.094147, "trend_direction": "Improving", "fair_value": 61.577505, "distance_from_fair_value": -0.176647, "fair_value_direction": "Weakening", "relative_strength": -31.918915, "relative_strength_direction": "Weakening", "price_momentum": -0.078182, "excess_performance": -0.423914, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.094147, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.063719, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.176647, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.311902, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.319189, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.162717, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.078182, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.605359, "read": "Demand-led" } ], "volume": { "latest": 10706857, "relative_activity": 0.151508, "balance": 2.605359, "dry_up": 0.383417, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.154939, "annualized_volatility": 0.52492, "from_high_reference": -0.333771, "from_low_reference": 0.158148 }, "levels": { "trend_reference": 55.969375, "fair_value_reference": 61.577505, "structural_low": 43.776792, "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": 5, "median_return": -0.016807, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.013019, "regime_survival": 0.4, "best_return": 0.270142, "worst_return": -0.123269, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.01385, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.04753, "regime_survival": 0.0, "best_return": 0.045361, "worst_return": -0.060924, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.077562, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.11796, "regime_survival": 0.0, "best_return": 0.28866, "worst_return": -0.084034, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.179062, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.148576, "regime_survival": 0.0, "best_return": -0.140786, "worst_return": -0.217338, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-09-27", "tenure": "Developing", "return": -0.016621, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": 0.132847, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2025-01-10", "tenure": "Developing", "return": -0.179819, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-07-25", "tenure": "Extended", "return": -0.111111, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": -0.001815, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.016043, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": -0.008945, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.117871, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2026-01-02", "tenure": "Developing", "return": -0.037113, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-02-06", "tenure": "Developing", "return": 0.007172, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-05-15", "tenure": "Established", "return": 0.1, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-24", "tenure": "Developing", "return": -0.180706, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": 0.085366, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-21", "end": "2026-08-21", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 37.645168, "volume": 358493793, "typical_volume": 34306956.25, "trend": 25.302114, "fair_value": 23.460829, "relative_strength": 44.13673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.76252, "energy": 97.137835, "activity_lines": [ 32.316856, 29.14946, 26.874649, 26.125954 ] }, { "date": "2023-08-25", "close": 48.05463, "volume": 634260823, "typical_volume": 65964354.05, "trend": 26.152946, "fair_value": 23.695164, "relative_strength": 80.480209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.820293, "energy": 98.952816, "activity_lines": [ 38.329627, 32.917097, 29.008788, 27.593859 ] }, { "date": "2023-09-01", "close": 53.901039, "volume": 566006232, "typical_volume": 94088461.6, "trend": 27.135701, "fair_value": 23.966105, "relative_strength": 97.130716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.479994, "energy": 99.384237, "activity_lines": [ 44.713145, 37.324101, 31.591672, 29.384058 ] }, { "date": "2023-09-08", "close": 53.901039, "volume": 360935098, "typical_volume": 111821489.8, "trend": 28.14094, "fair_value": 24.239948, "relative_strength": 94.708842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.946934, "energy": 96.774839, "activity_lines": [ 49.252431, 41.204868, 34.037374, 31.110854 ] }, { "date": "2023-09-15", "close": 55.469585, "volume": 369190062, "typical_volume": 130111612.25, "trend": 29.184974, "fair_value": 24.523846, "relative_strength": 92.832281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.646664, "energy": 94.161189, "activity_lines": [ 52.560642, 44.838456, 36.489178, 32.873993 ] }, { "date": "2023-09-22", "close": 53.544548, "volume": 294926906, "typical_volume": 144770878.65, "trend": 30.140106, "fair_value": 24.795694, "relative_strength": 89.436989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.55213, "energy": 86.638053, "activity_lines": [ 53.810727, 47.568508, 38.605927, 34.445578 ] }, { "date": "2023-09-29", "close": 53.829739, "volume": 184551945, "typical_volume": 153878639.1, "trend": 31.093503, "fair_value": 25.067048, "relative_strength": 87.127437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.990075, "energy": 67.800032, "activity_lines": [ 54.095917, 49.811144, 40.606323, 35.973941 ] }, { "date": "2023-10-06", "close": 53.045464, "volume": 188721394, "typical_volume": 163156612.15, "trend": 32.027502, "fair_value": 25.329893, "relative_strength": 79.55014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.052688, "energy": 65.934519, "activity_lines": [ 53.734675, 51.375803, 42.385869, 37.390197 ] }, { "date": "2023-10-13", "close": 68.017975, "volume": 415201006, "typical_volume": 183797907.55, "trend": 33.451591, "fair_value": 25.695956, "relative_strength": 121.004511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.670049, "energy": 73.965504, "activity_lines": [ 58.421309, 55.175321, 45.450873, 39.712163 ] }, { "date": "2023-10-20", "close": 76.5737, "volume": 395047104, "typical_volume": 203364038.95, "trend": 35.154126, "fair_value": 26.107354, "relative_strength": 146.081731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.290889, "energy": 75.616456, "activity_lines": [ 65.018721, 59.79541, 49.119558, 42.494235 ] }, { "date": "2023-10-27", "close": 71.297668, "volume": 67195559, "typical_volume": 206536993.05, "trend": 36.68529, "fair_value": 26.477462, "relative_strength": 126.936301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.545073, "energy": 70.110369, "activity_lines": [ 68.450515, 62.686207, 52.034836, 44.826076 ] }, { "date": "2023-11-03", "close": 74.577362, "volume": 200846403, "typical_volume": 216177862.2, "trend": 38.325777, "fair_value": 26.872668, "relative_strength": 125.463289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.779653, "energy": 70.292782, "activity_lines": [ 71.792, 65.561447, 55.037625, 47.270726 ] }, { "date": "2023-11-10", "close": 64.310493, "volume": 377681294, "typical_volume": 234887744.15, "trend": 39.633029, "fair_value": 27.200703, "relative_strength": 88.364422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.860561, "energy": 65.633341, "activity_lines": [ 70.328019, 66.087753, 56.82537, 48.947159 ] }, { "date": "2023-11-17", "close": 69.871719, "volume": 225921114, "typical_volume": 245968548.55, "trend": 41.168376, "fair_value": 27.572536, "relative_strength": 93.918055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.233353, "energy": 61.006546, "activity_lines": [ 69.966779, 67.435928, 58.955363, 50.898042 ] }, { "date": "2023-11-24", "close": 67.019814, "volume": 206518381, "typical_volume": 255548518.2, "trend": 42.615404, "fair_value": 27.926767, "relative_strength": 81.312517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.193995, "energy": 54.865079, "activity_lines": [ 68.531321, 67.975198, 60.598266, 52.565877 ] }, { "date": "2023-12-01", "close": 68.873543, "volume": 109616736, "typical_volume": 260706260.35, "trend": 44.13097, "fair_value": 28.292201, "relative_strength": 80.801101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.483718, "energy": 45.522124, "activity_lines": [ 68.350698, 68.641507, 62.217741, 54.259951 ] }, { "date": "2023-12-08", "close": 63.954006, "volume": 78790283, "typical_volume": 263852116.85, "trend": 45.491545, "fair_value": 28.622365, "relative_strength": 65.390726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.465082, "energy": 39.918514, "activity_lines": [ 66.691838, 68.134644, 63.154456, 55.538856 ] }, { "date": "2023-12-15", "close": 67.73278, "volume": 328392531, "typical_volume": 279556702.15, "trend": 46.964588, "fair_value": 28.96249, "relative_strength": 68.930465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.049004, "energy": 34.417666, "activity_lines": [ 67.000793, 68.130755, 64.262625, 56.973775 ] }, { "date": "2023-12-22", "close": 65.665154, "volume": 77744038, "typical_volume": 280058852.0, "trend": 48.364213, "fair_value": 29.255744, "relative_strength": 61.494123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.991875, "energy": 30.695044, "activity_lines": [ 66.392387, 67.483891, 64.976281, 58.180263 ] }, { "date": "2023-12-29", "close": 65.023468, "volume": 42478316, "typical_volume": 274125950.9, "trend": 49.735703, "fair_value": 29.554732, "relative_strength": 54.216468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.645023, "energy": 24.577266, "activity_lines": [ 65.850523, 66.763135, 65.447524, 59.255053 ] }, { "date": "2024-01-05", "close": 64.524391, "volume": 33820608, "typical_volume": 257892291.65, "trend": 51.083812, "fair_value": 29.847464, "relative_strength": 53.944117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.692333, "energy": 22.341997, "activity_lines": [ 65.27539, 66.161642, 65.724567, 60.209162 ] }, { "date": "2024-01-12", "close": 60.67432, "volume": 67188161, "typical_volume": 229538658.55, "trend": 52.2811, "fair_value": 30.118913, "relative_strength": 42.619734, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.300585, "energy": 13.160699, "activity_lines": [ 63.706844, 64.983287, 65.506939, 60.827905 ] }, { "date": "2024-01-19", "close": 60.246529, "volume": 35684182, "typical_volume": 203022556.05, "trend": 53.457384, "fair_value": 30.389656, "relative_strength": 38.178495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.960178, "energy": 12.520732, "activity_lines": [ 62.214346, 63.979935, 65.188476, 61.341803 ] }, { "date": "2024-01-26", "close": 60.103939, "volume": 43992847, "typical_volume": 187175443.5, "trend": 54.640156, "fair_value": 30.662202, "relative_strength": 33.542568, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.75719, "energy": 13.026038, "activity_lines": [ 61.173401, 63.024547, 64.826217, 61.770613 ] }, { "date": "2024-02-02", "close": 59.462257, "volume": 28018437, "typical_volume": 170116862.25, "trend": 55.788049, "fair_value": 30.932673, "relative_strength": 29.91645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.535442, "energy": 16.993306, "activity_lines": [ 60.289311, 62.130085, 64.373307, 62.081717 ] }, { "date": "2024-02-09", "close": 58.250195, "volume": 7112354, "typical_volume": 155726134.65, "trend": 56.933565, "fair_value": 31.188582, "relative_strength": 25.400637, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.743442, "energy": 34.353941, "activity_lines": [ 59.371947, 61.152659, 63.78595, 62.240565 ] }, { "date": "2024-02-16", "close": 64.096603, "volume": 39985067, "typical_volume": 148497790.75, "trend": 58.257325, "fair_value": 31.494192, "relative_strength": 32.327543, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.334616, "energy": 15.861609, "activity_lines": [ 60.821665, 61.431368, 63.732986, 62.702696 ] }, { "date": "2024-02-23", "close": 60.888203, "volume": 38144293, "typical_volume": 140968935.7, "trend": 59.412347, "fair_value": 31.779236, "relative_strength": 22.36494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.941531, "energy": 9.654187, "activity_lines": [ 60.973764, 61.124139, 63.32557, 62.87243 ] }, { "date": "2024-03-01", "close": 62.171558, "volume": 118621162, "typical_volume": 126139943.5, "trend": 60.564992, "fair_value": 32.062319, "relative_strength": 23.137178, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.969796, "energy": 6.434077, "activity_lines": [ 61.510871, 61.174694, 63.003032, 63.050444 ] }, { "date": "2024-03-08", "close": 57.965, "volume": 48279965, "typical_volume": 108801586.55, "trend": 61.356396, "fair_value": 32.317419, "relative_strength": 8.842456, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.299046, "energy": 16.134359, "activity_lines": [ 60.507949, 60.52394, 62.30771, 62.882703 ] }, { "date": "2024-03-15", "close": 55.612183, "volume": 29257773, "typical_volume": 106904697.25, "trend": 61.955297, "fair_value": 32.564228, "relative_strength": 4.086164, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.748278, "energy": 43.056512, "activity_lines": [ 58.820573, 59.573737, 61.476923, 62.512108 ] }, { "date": "2024-03-22", "close": 57.323322, "volume": 25425562, "typical_volume": 98133655.2, "trend": 62.264253, "fair_value": 32.818949, "relative_strength": 3.490269, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.459466, "energy": 58.262168, "activity_lines": [ 57.879444, 59.09669, 60.883794, 62.213271 ] }, { "date": "2024-03-29", "close": 53.758438, "volume": 18840307, "typical_volume": 80191605.85, "trend": 62.2595, "fair_value": 33.037916, "relative_strength": -3.969952, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.664151, "energy": 73.391832, "activity_lines": [ 56.201572, 58.03241, 60.033314, 61.664509 ] }, { "date": "2024-04-05", "close": 59.747448, "volume": 15965297, "typical_volume": 69693815.0, "trend": 62.45438, "fair_value": 33.296292, "relative_strength": 5.518926, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.63064, "energy": 57.822723, "activity_lines": [ 56.995355, 58.175006, 59.803464, 61.502441 ] }, { "date": "2024-04-12", "close": 87.553535, "volume": 552209121, "typical_volume": 86978352.0, "trend": 63.523845, "fair_value": 33.731554, "relative_strength": 48.928884, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.916378, "energy": 34.219901, "activity_lines": [ 67.219441, 63.379736, 62.270024, 63.121741 ] }, { "date": "2024-04-19", "close": 97.250015, "volume": 119765253, "typical_volume": 87485777.85, "trend": 64.980694, "fair_value": 34.218786, "relative_strength": 71.646626, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.899055, "energy": 86.548588, "activity_lines": [ 78.703117, 69.836712, 65.562278, 65.297623 ] }, { "date": "2024-04-26", "close": 97.820396, "volume": 83966778, "typical_volume": 87744602.6, "trend": 66.447049, "fair_value": 34.706278, "relative_strength": 63.925741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.063809, "energy": 92.814237, "activity_lines": [ 87.601065, 75.688305, 68.773729, 67.416314 ] }, { "date": "2024-05-03", "close": 80.138588, "volume": 261513730, "typical_volume": 84400662.55, "trend": 67.350153, "fair_value": 35.066843, "relative_strength": 30.835627, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.236961, "energy": 81.814904, "activity_lines": [ 87.905272, 77.711865, 70.139929, 68.299639 ] }, { "date": "2024-05-10", "close": 78.712624, "volume": 175399134, "typical_volume": 89283417.35, "trend": 67.706642, "fair_value": 35.399591, "relative_strength": 24.326754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.036779, "energy": 76.096712, "activity_lines": [ 85.975482, 79.126152, 71.311248, 69.032701 ] }, { "date": "2024-05-17", "close": 86.983154, "volume": 241476450, "typical_volume": 99233324.05, "trend": 68.053624, "fair_value": 35.799278, "relative_strength": 31.654678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.686348, "energy": 51.26604, "activity_lines": [ 85.538189, 81.743424, 73.208105, 70.276347 ] }, { "date": "2024-05-24", "close": 88.836891, "volume": 225667804, "typical_volume": 108825683.85, "trend": 68.638264, "fair_value": 36.241748, "relative_strength": 30.380996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.330749, "energy": 43.2558, "activity_lines": [ 85.756834, 84.170137, 75.176939, 71.617203 ] }, { "date": "2024-05-31", "close": 81.421936, "volume": 255761216, "typical_volume": 118254336.6, "trend": 68.866417, "fair_value": 36.633969, "relative_strength": 19.941976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.592, "energy": 32.382178, "activity_lines": [ 84.064703, 84.644591, 76.323813, 72.441956 ] }, { "date": "2024-06-07", "close": 80.566368, "volume": 72683724, "typical_volume": 120104313.7, "trend": 69.408279, "fair_value": 37.006784, "relative_strength": 13.42942, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.287006, "energy": 30.727674, "activity_lines": [ 83.180613, 84.52533, 77.290406, 73.196792 ] }, { "date": "2024-06-14", "close": 82.134918, "volume": 54418516, "typical_volume": 120625597.15, "trend": 69.817053, "fair_value": 37.389994, "relative_strength": 10.861557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.103618, "energy": 26.710172, "activity_lines": [ 82.790854, 84.203843, 78.309624, 74.017865 ] }, { "date": "2024-06-21", "close": 84.273842, "volume": 93172893, "typical_volume": 123883319.95, "trend": 70.392187, "fair_value": 37.782839, "relative_strength": 8.706238, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.856308, "energy": 23.113637, "activity_lines": [ 82.885917, 83.864207, 79.427639, 74.950561 ] }, { "date": "2024-06-28", "close": 80.566368, "volume": 32395837, "typical_volume": 125147494.1, "trend": 70.781948, "fair_value": 38.153956, "relative_strength": 3.699974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.61014, "energy": 19.677207, "activity_lines": [ 81.925776, 82.910115, 80.074411, 75.60696 ] }, { "date": "2024-07-05", "close": 91.604813, "volume": 138164726, "typical_volume": 130056477.05, "trend": 71.703641, "fair_value": 38.595493, "relative_strength": 13.735738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.965675, "energy": 31.494813, "activity_lines": [ 85.196484, 84.266352, 81.666196, 76.950371 ] }, { "date": "2024-07-12", "close": 84.150276, "volume": 164529105, "typical_volume": 136375717.65, "trend": 72.250891, "fair_value": 38.988566, "relative_strength": 1.684183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.40789, "energy": 29.008268, "activity_lines": [ 85.303489, 84.380229, 82.417034, 77.753379 ] }, { "date": "2024-07-19", "close": 89.343109, "volume": 50581923, "typical_volume": 132973755.7, "trend": 73.040156, "fair_value": 39.408813, "relative_strength": 11.372813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.779947, "energy": 36.076966, "activity_lines": [ 86.902511, 85.365318, 83.551655, 78.856103 ] }, { "date": "2024-07-26", "close": 89.343109, "volume": 0, "typical_volume": 130559757.45, "trend": 73.850811, "fair_value": 39.818534, "relative_strength": 13.579046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.999878, "energy": 51.844349, "activity_lines": [ 88.020987, 86.157126, 84.556888, 79.907907 ] }, { "date": "2024-08-02", "close": 73.433632, "volume": 154578493, "typical_volume": 136825793.45, "trend": 74.147786, "fair_value": 40.125253, "relative_strength": -5.46789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.314666, "energy": 13.210876, "activity_lines": [ 83.498353, 84.013393, 83.897514, 79.880992 ] }, { "date": "2024-08-09", "close": 67.784897, "volume": 59357886, "typical_volume": 138522409.65, "trend": 74.384805, "fair_value": 40.385914, "relative_strength": -12.565587, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -8.13219, "energy": 14.839273, "activity_lines": [ 77.568322, 81.122677, 82.6153, 79.470483 ] }, { "date": "2024-08-16", "close": 72.046219, "volume": 68535831, "typical_volume": 141007185.85, "trend": 74.778128, "fair_value": 40.649103, "relative_strength": -11.167373, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.025275, "energy": 32.335511, "activity_lines": [ 74.646727, 79.254692, 81.68911, 79.319606 ] }, { "date": "2024-08-23", "close": 71.55072, "volume": 67486365, "typical_volume": 143583239.25, "trend": 75.159687, "fair_value": 40.934243, "relative_strength": -11.164311, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.294228, "energy": 41.47911, "activity_lines": [ 72.366903, 77.451529, 80.628644, 79.111387 ] }, { "date": "2024-08-30", "close": 68.4786, "volume": 35661106, "typical_volume": 117755838.5, "trend": 75.460232, "fair_value": 41.204785, "relative_strength": -15.325659, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.455961, "energy": 59.825925, "activity_lines": [ 70.249198, 75.282238, 79.21939, 78.680349 ] }, { "date": "2024-09-06", "close": 61.93795, "volume": 33629505, "typical_volume": 113449051.1, "trend": 75.583157, "fair_value": 41.416081, "relative_strength": -20.28443, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.122168, "energy": 67.915913, "activity_lines": [ 67.342243, 72.210925, 77.27805, 77.807943 ] }, { "date": "2024-09-13", "close": 62.433453, "volume": 28099221, "typical_volume": 110655673.25, "trend": 75.527719, "fair_value": 41.598283, "relative_strength": -20.672762, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.885505, "energy": 67.690498, "activity_lines": [ 65.366835, 69.568401, 75.552053, 76.959575 ] }, { "date": "2024-09-20", "close": 62.730755, "volume": 14196822, "typical_volume": 98289827.85, "trend": 75.589137, "fair_value": 41.788825, "relative_strength": -21.547273, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.194961, "energy": 67.388973, "activity_lines": [ 63.84729, 67.510321, 74.02288, 76.133965 ] }, { "date": "2024-09-27", "close": 70.361511, "volume": 109111933, "typical_volume": 94975467.8, "trend": 75.862136, "fair_value": 42.035474, "relative_strength": -14.466641, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.816117, "energy": 54.295848, "activity_lines": [ 65.492362, 67.229097, 73.303339, 75.796699 ] }, { "date": "2024-10-04", "close": 67.883995, "volume": 74546590, "typical_volume": 86628974.8, "trend": 76.192769, "fair_value": 42.267755, "relative_strength": -15.478688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.431033, "energy": 44.267543, "activity_lines": [ 66.390876, 66.842535, 72.387613, 75.28198 ] }, { "date": "2024-10-11", "close": 77.298561, "volume": 285621934, "typical_volume": 89626681.3, "trend": 76.915648, "fair_value": 42.580825, "relative_strength": -5.933331, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.703382, "energy": 19.832198, "activity_lines": [ 70.467219, 68.557878, 72.45946, 75.353321 ] }, { "date": "2024-10-18", "close": 79.676979, "volume": 194564252, "typical_volume": 86566833.1, "trend": 77.66077, "fair_value": 42.908005, "relative_strength": -4.811112, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.472054, "energy": 21.059321, "activity_lines": [ 74.312327, 70.63539, 72.812767, 75.531472 ] }, { "date": "2024-10-25", "close": 76.902161, "volume": 173040277, "typical_volume": 91584660.75, "trend": 78.432227, "fair_value": 43.220426, "relative_strength": -7.015296, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.409882, "energy": 22.342451, "activity_lines": [ 76.082927, 71.992169, 72.910115, 75.482529 ] }, { "date": "2024-11-01", "close": 76.604858, "volume": 53591573, "typical_volume": 91543313.6, "trend": 78.994141, "fair_value": 43.526778, "relative_strength": -4.464714, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.224839, "energy": 22.221007, "activity_lines": [ 76.809666, 73.206603, 72.996598, 75.364634 ] }, { "date": "2024-11-08", "close": 76.010246, "volume": 54978221, "typical_volume": 89633580.0, "trend": 78.609365, "fair_value": 43.833103, "relative_strength": -8.004944, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.197334, "energy": 19.036305, "activity_lines": [ 76.921978, 74.221033, 73.052784, 75.172125 ] }, { "date": "2024-11-15", "close": 71.649826, "volume": 38645020, "typical_volume": 89946039.15, "trend": 77.756025, "fair_value": 44.101258, "relative_strength": -9.739399, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.814723, "energy": 12.210534, "activity_lines": [ 75.039066, 74.30572, 72.733043, 74.723122 ] }, { "date": "2024-11-22", "close": 70.559708, "volume": 31508341, "typical_volume": 84613219.9, "trend": 76.847336, "fair_value": 44.364317, "relative_strength": -11.350751, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.13315, "energy": 17.525674, "activity_lines": [ 73.169364, 74.015625, 72.35194, 74.258844 ] }, { "date": "2024-11-29", "close": 68.379494, "volume": 21037105, "typical_volume": 77438619.9, "trend": 76.455366, "fair_value": 44.601288, "relative_strength": -11.181586, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.555953, "energy": 28.475453, "activity_lines": [ 71.180742, 73.181376, 71.863413, 73.712532 ] }, { "date": "2024-12-06", "close": 71.748924, "volume": 31870746, "typical_volume": 76503061.05, "trend": 76.223242, "fair_value": 44.870457, "relative_strength": -10.252879, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.63202, "energy": 28.677462, "activity_lines": [ 70.883441, 72.857047, 71.770883, 73.40889 ] }, { "date": "2024-12-13", "close": 72.739929, "volume": 84154020, "typical_volume": 80710762.05, "trend": 75.748468, "fair_value": 45.134244, "relative_strength": -7.985071, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.651559, "energy": 24.032754, "activity_lines": [ 71.240204, 72.687675, 71.856516, 73.18416 ] }, { "date": "2024-12-20", "close": 69.469604, "volume": 50474777, "typical_volume": 75505576.25, "trend": 75.102892, "fair_value": 45.386152, "relative_strength": -9.804014, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.89364, "energy": 25.754796, "activity_lines": [ 70.72488, 71.835409, 71.709753, 72.779072 ] }, { "date": "2024-12-27", "close": 71.649826, "volume": 31851174, "typical_volume": 74130240.65, "trend": 74.777155, "fair_value": 45.654685, "relative_strength": -9.754561, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.215431, "energy": 21.142893, "activity_lines": [ 71.081645, 71.521891, 71.789506, 72.556294 ] }, { "date": "2025-01-03", "close": 69.271408, "volume": 19562766, "typical_volume": 71681587.4, "trend": 74.400656, "fair_value": 45.905701, "relative_strength": -11.020343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.712947, "energy": 24.57698, "activity_lines": [ 70.572929, 70.921882, 71.624338, 72.201084 ] }, { "date": "2025-01-10", "close": 62.829857, "volume": 29069308, "typical_volume": 69760734.55, "trend": 73.757154, "fair_value": 46.109368, "relative_strength": -19.322549, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.374228, "energy": 56.332549, "activity_lines": [ 67.857569, 69.289423, 70.858903, 71.454581 ] }, { "date": "2025-01-17", "close": 61.541546, "volume": 20031087, "typical_volume": 68979233.6, "trend": 72.999411, "fair_value": 46.318782, "relative_strength": -21.106197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.144031, "energy": 71.263984, "activity_lines": [ 65.307376, 67.67318, 70.0123, 70.666477 ] }, { "date": "2025-01-24", "close": 61.93795, "volume": 8637493, "typical_volume": 67729633.0, "trend": 72.378464, "fair_value": 46.533765, "relative_strength": -21.554976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.185229, "energy": 77.916438, "activity_lines": [ 63.635876, 66.392078, 69.236483, 69.952835 ] }, { "date": "2025-02-07", "close": 65.307373, "volume": 21786332, "typical_volume": 67413988.55, "trend": 71.501883, "fair_value": 46.772617, "relative_strength": -16.878172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.625227, "energy": 72.351218, "activity_lines": [ 63.589628, 65.900178, 68.781563, 69.496635 ] }, { "date": "2025-02-14", "close": 67.586685, "volume": 35695301, "typical_volume": 68488912.5, "trend": 70.949763, "fair_value": 47.036679, "relative_strength": -12.616603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.973656, "energy": 54.827121, "activity_lines": [ 64.725981, 65.918195, 68.530035, 69.244042 ] }, { "date": "2025-02-21", "close": 67.883995, "volume": 19572638, "typical_volume": 64011947.75, "trend": 70.234459, "fair_value": 47.29167, "relative_strength": -14.079769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.070844, "energy": 27.732719, "activity_lines": [ 66.073752, 66.004683, 68.283699, 69.04625 ] }, { "date": "2025-02-28", "close": 66.001076, "volume": 9655654, "typical_volume": 60767400.95, "trend": 69.456391, "fair_value": 47.539132, "relative_strength": -13.830085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.671595, "energy": 19.450939, "activity_lines": [ 66.456941, 65.819094, 67.869836, 68.773129 ] }, { "date": "2025-03-07", "close": 63.127159, "volume": 14038686, "typical_volume": 47188238.55, "trend": 69.112842, "fair_value": 47.776121, "relative_strength": -15.602527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.876703, "energy": 25.913051, "activity_lines": [ 65.584855, 65.233498, 67.191232, 68.364791 ] }, { "date": "2025-03-14", "close": 60.154137, "volume": 14805828, "typical_volume": 38200317.35, "trend": 68.858483, "fair_value": 47.987617, "relative_strength": -17.259454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.035742, "energy": 42.735031, "activity_lines": [ 63.642482, 64.222671, 66.296966, 67.78681 ] }, { "date": "2025-03-21", "close": 60.550537, "volume": 10525615, "typical_volume": 30074584.25, "trend": 68.475294, "fair_value": 48.198627, "relative_strength": -17.570709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.94908, "energy": 69.279298, "activity_lines": [ 62.17579, 63.492929, 65.533418, 67.250814 ] }, { "date": "2025-03-28", "close": 54.505398, "volume": 18690873, "typical_volume": 28329549.25, "trend": 67.907117, "fair_value": 48.365965, "relative_strength": -23.579915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.614616, "energy": 85.888565, "activity_lines": [ 59.16313, 61.822632, 64.272008, 66.34953 ] }, { "date": "2025-04-04", "close": 53.316189, "volume": 25218616, "typical_volume": 26841569.0, "trend": 67.401703, "fair_value": 48.525301, "relative_strength": -24.113568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.045655, "energy": 90.804028, "activity_lines": [ 56.645972, 60.087469, 63.002575, 65.40818 ] }, { "date": "2025-04-11", "close": 45.338581, "volume": 28823531, "typical_volume": 26350494.55, "trend": 66.848391, "fair_value": 48.633878, "relative_strength": -29.367564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.157997, "energy": 95.858881, "activity_lines": [ 52.315271, 57.051384, 61.081437, 63.984753 ] }, { "date": "2025-04-18", "close": 47.370144, "volume": 22652218, "typical_volume": 25907688.4, "trend": 66.34628, "fair_value": 48.758884, "relative_strength": -24.911843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.83716, "energy": 92.864719, "activity_lines": [ 49.847663, 54.68648, 59.479072, 62.728092 ] }, { "date": "2025-04-25", "close": 47.667446, "volume": 19757216, "typical_volume": 25843693.95, "trend": 65.84417, "fair_value": 48.888445, "relative_strength": -25.113876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.88094, "energy": 89.345183, "activity_lines": [ 48.331422, 52.701763, 58.015449, 61.523006 ] }, { "date": "2025-05-02", "close": 49.401707, "volume": 13246389, "typical_volume": 24912476.1, "trend": 65.14551, "fair_value": 49.02988, "relative_strength": -24.681312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.831121, "energy": 83.005475, "activity_lines": [ 48.25214, 51.394534, 56.815622, 60.462202 ] }, { "date": "2025-05-09", "close": 48.906204, "volume": 11329930, "typical_volume": 21271271.6, "trend": 64.512917, "fair_value": 49.173816, "relative_strength": -25.159525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.680346, "energy": 69.312444, "activity_lines": [ 48.347937, 50.333255, 55.67502, 59.414504 ] }, { "date": "2025-05-16", "close": 50.343166, "volume": 14816763, "typical_volume": 19488370.9, "trend": 63.614404, "fair_value": 49.323178, "relative_strength": -25.550148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.756098, "energy": 59.870657, "activity_lines": [ 49.21672, 49.844058, 54.784765, 58.500327 ] }, { "date": "2025-05-23", "close": 49.005306, "volume": 11273707, "typical_volume": 18459497.55, "trend": 62.592015, "fair_value": 49.468128, "relative_strength": -26.047867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.578941, "energy": 54.323598, "activity_lines": [ 49.305911, 49.34405, 53.858174, 57.557805 ] }, { "date": "2025-05-30", "close": 47.370144, "volume": 7340034, "typical_volume": 17848360.95, "trend": 61.607614, "fair_value": 49.595027, "relative_strength": -26.618016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.876299, "energy": 54.590993, "activity_lines": [ 48.741037, 48.749446, 52.883683, 56.575748 ] }, { "date": "2025-06-06", "close": 46.874641, "volume": 8904862, "typical_volume": 16840138.65, "trend": 60.616607, "fair_value": 49.722534, "relative_strength": -27.662659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.140829, "energy": 54.885926, "activity_lines": [ 48.030816, 48.304393, 51.966294, 55.625234 ] }, { "date": "2025-06-13", "close": 47.221497, "volume": 15607660, "typical_volume": 16618967.3, "trend": 59.656982, "fair_value": 49.848857, "relative_strength": -27.770484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.74048, "energy": 55.248206, "activity_lines": [ 47.604684, 48.061147, 51.157915, 54.761033 ] }, { "date": "2025-06-20", "close": 45.982735, "volume": 18594769, "typical_volume": 17116831.1, "trend": 58.801412, "fair_value": 49.965348, "relative_strength": -28.856078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.373461, "energy": 55.270003, "activity_lines": [ 46.877945, 47.703484, 50.29975, 53.878824 ] }, { "date": "2025-06-27", "close": 49.153957, "volume": 18160289, "typical_volume": 16935528.95, "trend": 58.087887, "fair_value": 50.115036, "relative_strength": -25.037636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.936196, "energy": 47.359725, "activity_lines": [ 47.498976, 47.910694, 49.819584, 53.256407 ] }, { "date": "2025-07-04", "close": 46.676437, "volume": 12039911, "typical_volume": 15752759.45, "trend": 57.364452, "fair_value": 50.260575, "relative_strength": -28.032634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.481678, "energy": 46.221232, "activity_lines": [ 47.284257, 47.635014, 49.180384, 52.520185 ] }, { "date": "2025-07-11", "close": 52.32518, "volume": 80501708, "typical_volume": 18799212.95, "trend": 56.716994, "fair_value": 50.457464, "relative_strength": -19.186537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.435449, "energy": 29.495026, "activity_lines": [ 48.998699, 48.404395, 49.178732, 52.19507 ] }, { "date": "2025-07-18", "close": 50.640469, "volume": 54451764, "typical_volume": 21039018.45, "trend": 55.980345, "fair_value": 50.636363, "relative_strength": -23.20071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.358567, "energy": 20.846302, "activity_lines": [ 49.788202, 48.814312, 49.090722, 51.803037 ] }, { "date": "2025-07-25", "close": 54.703598, "volume": 144228811, "typical_volume": 27548524.7, "trend": 55.488145, "fair_value": 50.841685, "relative_strength": -16.076256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.028035, "energy": 13.985893, "activity_lines": [ 51.704149, 49.931448, 49.462821, 51.720666 ] }, { "date": "2025-08-01", "close": 55.099998, "volume": 47445754, "typical_volume": 29180521.0, "trend": 54.936484, "fair_value": 51.042736, "relative_strength": -14.728475, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.88217, "energy": 24.358856, "activity_lines": [ 53.170839, 51.041375, 49.912785, 51.695624 ] }, { "date": "2025-08-08", "close": 55.0, "volume": 43237287, "typical_volume": 30816104.6, "trend": 54.46077, "fair_value": 51.245417, "relative_strength": -16.318404, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.433267, "energy": 24.656547, "activity_lines": [ 54.207794, 52.022309, 50.377293, 51.699722 ] }, { "date": "2025-08-15", "close": 56.099998, "volume": 47889001, "typical_volume": 32276011.0, "trend": 54.236442, "fair_value": 51.454392, "relative_strength": -15.235855, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.812779, "energy": 40.742942, "activity_lines": [ 55.05651, 53.064517, 50.972994, 51.805479 ] }, { "date": "2025-08-22", "close": 52.900002, "volume": 40548397, "typical_volume": 33042500.05, "trend": 53.94839, "fair_value": 51.628471, "relative_strength": -17.572269, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.879493, "energy": 33.087983, "activity_lines": [ 54.586906, 53.357175, 51.25634, 51.719257 ] }, { "date": "2025-08-29", "close": 56.0, "volume": 25903138, "typical_volume": 32896480.4, "trend": 53.750459, "fair_value": 51.808039, "relative_strength": -13.866144, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.176227, "energy": 26.10934, "activity_lines": [ 55.0, 54.110222, 51.836906, 51.851619 ] }, { "date": "2025-09-05", "close": 56.299999, "volume": 32951410, "typical_volume": 33411440.0, "trend": 53.450213, "fair_value": 51.990356, "relative_strength": -13.849483, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.99372, "energy": 27.909491, "activity_lines": [ 55.426666, 54.735683, 52.395274, 52.016105 ] }, { "date": "2025-09-12", "close": 55.5, "volume": 70821382, "typical_volume": 35964648.3, "trend": 53.047323, "fair_value": 52.174031, "relative_strength": -17.920336, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.380318, "energy": 22.125219, "activity_lines": [ 55.506667, 55.085762, 52.834929, 52.148349 ] }, { "date": "2025-09-19", "close": 63.200001, "volume": 118653484, "typical_volume": 41235003.05, "trend": 52.89119, "fair_value": 52.418307, "relative_strength": -6.642276, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.909525, "energy": 48.120793, "activity_lines": [ 58.12, 56.675412, 53.970619, 52.803361 ] }, { "date": "2025-09-26", "close": 55.200001, "volume": 55126965, "typical_volume": 43424854.8, "trend": 52.531154, "fair_value": 52.608707, "relative_strength": -18.065275, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.347104, "energy": 41.858242, "activity_lines": [ 57.593334, 56.612793, 54.278699, 52.952316 ] }, { "date": "2025-10-03", "close": 55.900002, "volume": 18690107, "typical_volume": 43618522.0, "trend": 52.290249, "fair_value": 52.808782, "relative_strength": -20.107262, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.498547, "energy": 33.401774, "activity_lines": [ 57.146668, 56.594546, 54.623475, 53.169661 ] }, { "date": "2025-10-10", "close": 58.700001, "volume": 47717119, "typical_volume": 45440692.6, "trend": 52.241778, "fair_value": 53.039778, "relative_strength": -17.223321, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.242475, "energy": 40.636125, "activity_lines": [ 57.640001, 57.063637, 55.208456, 53.583194 ] }, { "date": "2025-10-17", "close": 56.0, "volume": 33931485, "typical_volume": 46770265.15, "trend": 52.090093, "fair_value": 53.250873, "relative_strength": -20.250219, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.863336, "energy": 24.006247, "activity_lines": [ 57.073334, 56.976364, 55.490129, 53.82566 ] }, { "date": "2025-10-24", "close": 58.0, "volume": 23400777, "typical_volume": 47495060.9, "trend": 52.20658, "fair_value": 53.488192, "relative_strength": -17.296615, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.750095, "energy": 25.120727, "activity_lines": [ 57.140001, 57.234546, 55.921184, 54.206944 ] }, { "date": "2025-10-31", "close": 55.400002, "volume": 59369753, "typical_volume": 49683165.55, "trend": 52.276041, "fair_value": 53.713168, "relative_strength": -22.183406, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.759492, "energy": 20.967804, "activity_lines": [ 56.686668, 56.985455, 56.051641, 54.412971 ] }, { "date": "2025-11-07", "close": 52.599998, "volume": 20147280, "typical_volume": 49760791.1, "trend": 52.518088, "fair_value": 53.92106, "relative_strength": -23.7117, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.802057, "energy": 12.745101, "activity_lines": [ 55.286667, 56.181819, 55.876487, 54.433872 ] }, { "date": "2025-11-14", "close": 50.200001, "volume": 16478901, "typical_volume": 49676721.7, "trend": 52.612416, "fair_value": 54.10665, "relative_strength": -25.718725, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.758729, "energy": 11.915716, "activity_lines": [ 53.306667, 55.003637, 55.441251, 54.284318 ] }, { "date": "2025-11-21", "close": 46.400002, "volume": 15676708, "typical_volume": 49858561.55, "trend": 52.570168, "fair_value": 54.260097, "relative_strength": -28.059074, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.065975, "energy": 42.419757, "activity_lines": [ 50.626667, 53.245455, 54.639129, 53.883517 ] }, { "date": "2025-11-28", "close": 48.5, "volume": 10048508, "typical_volume": 46335901.55, "trend": 52.540111, "fair_value": 54.425276, "relative_strength": -27.286979, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.803347, "energy": 50.300668, "activity_lines": [ 49.286667, 52.034546, 54.038323, 53.620925 ] }, { "date": "2025-12-05", "close": 49.549999, "volume": 9970752, "typical_volume": 44111850.95, "trend": 52.561571, "fair_value": 54.596754, "relative_strength": -25.885898, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.990967, "energy": 52.104301, "activity_lines": [ 48.93, 51.281818, 53.555732, 53.428015 ] }, { "date": "2025-12-12", "close": 47.950001, "volume": 22576410, "typical_volume": 38029230.9, "trend": 52.481799, "fair_value": 54.750192, "relative_strength": -28.024358, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.8798, "energy": 55.479321, "activity_lines": [ 48.43, 50.340909, 52.925953, 53.130494 ] }, { "date": "2025-12-19", "close": 48.099998, "volume": 8415405, "typical_volume": 36077713.45, "trend": 52.451622, "fair_value": 54.914104, "relative_strength": -25.629934, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.618744, "energy": 50.037573, "activity_lines": [ 48.29, 49.571818, 52.342619, 52.847797 ] }, { "date": "2025-12-26", "close": 47.25, "volume": 6748431, "typical_volume": 34253270.65, "trend": 52.447617, "fair_value": 55.073433, "relative_strength": -28.298226, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.97767, "energy": 51.742079, "activity_lines": [ 48.006666, 48.840909, 51.711667, 52.512209 ] }, { "date": "2026-01-02", "close": 46.700001, "volume": 6551389, "typical_volume": 32186390.05, "trend": 52.441796, "fair_value": 55.234857, "relative_strength": -30.184277, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.948909, "energy": 64.909201, "activity_lines": [ 47.483333, 48.169091, 51.065238, 52.141395 ] }, { "date": "2026-01-09", "close": 48.799999, "volume": 32616892, "typical_volume": 31789814.8, "trend": 52.494413, "fair_value": 55.407148, "relative_strength": -28.454033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.269587, "energy": 52.126416, "activity_lines": [ 47.78, 48.084545, 50.663572, 51.90644 ] }, { "date": "2026-01-16", "close": 49.5, "volume": 21182929, "typical_volume": 31553804.35, "trend": 52.611655, "fair_value": 55.581331, "relative_strength": -29.31824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.217903, "energy": 36.159527, "activity_lines": [ 48.36, 48.247273, 50.348095, 51.713252 ] }, { "date": "2026-01-23", "close": 53.5, "volume": 118470261, "typical_volume": 35829746.9, "trend": 52.756523, "fair_value": 55.781589, "relative_strength": -24.284848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.948452, "energy": 15.68583, "activity_lines": [ 50.17, 49.193636, 50.444524, 51.770565 ] }, { "date": "2026-01-30", "close": 52.900002, "volume": 152599723, "typical_volume": 39918663.95, "trend": 52.963975, "fair_value": 55.97627, "relative_strength": -24.729101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.482378, "energy": 18.670308, "activity_lines": [ 51.420001, 49.970909, 50.497143, 51.779822 ] }, { "date": "2026-02-06", "close": 49.150002, "volume": 22174401, "typical_volume": 35094709.8, "trend": 52.858136, "fair_value": 56.134806, "relative_strength": -28.674035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.558168, "energy": 21.138081, "activity_lines": [ 51.043334, 49.948182, 50.205, 51.533759 ] }, { "date": "2026-02-13", "close": 55.0, "volume": 41779983, "typical_volume": 34427360.7, "trend": 53.003453, "fair_value": 56.335166, "relative_strength": -23.645195, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.257294, "energy": 16.587731, "activity_lines": [ 52.453334, 50.977273, 50.536905, 51.671944 ] }, { "date": "2026-02-27", "close": 54.799999, "volume": 34286472, "typical_volume": 35207178.95, "trend": 53.006667, "fair_value": 56.53165, "relative_strength": -26.947718, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.714523, "energy": 22.941438, "activity_lines": [ 53.383334, 51.870909, 50.850715, 51.78785 ] }, { "date": "2026-03-06", "close": 50.700001, "volume": 20142247, "typical_volume": 33828435.35, "trend": 52.86, "fair_value": 56.697095, "relative_strength": -27.875836, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.336276, "energy": 11.897372, "activity_lines": [ 52.593334, 51.894546, 50.779286, 51.639033 ] }, { "date": "2026-03-13", "close": 50.599998, "volume": 15374385, "typical_volume": 32900580.35, "trend": 52.713334, "fair_value": 56.859737, "relative_strength": -26.725807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.451155, "energy": 11.830562, "activity_lines": [ 51.956666, 51.852727, 50.736429, 51.493226 ] }, { "date": "2026-03-20", "close": 50.599998, "volume": 18560074, "typical_volume": 32658545.2, "trend": 52.53, "fair_value": 57.023676, "relative_strength": -26.195169, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.395033, "energy": 12.339695, "activity_lines": [ 51.473332, 51.75, 50.719286, 51.356882 ] }, { "date": "2026-03-27", "close": 48.900002, "volume": 11864313, "typical_volume": 30283273.2, "trend": 52.396667, "fair_value": 57.174988, "relative_strength": -26.886127, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.955803, "energy": 22.472638, "activity_lines": [ 50.326666, 51.267273, 50.575476, 51.122688 ] }, { "date": "2026-04-03", "close": 46.299999, "volume": 10177327, "typical_volume": 29784775.55, "trend": 52.073334, "fair_value": 57.308336, "relative_strength": -28.87963, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.501958, "energy": 31.745025, "activity_lines": [ 48.72, 50.31, 50.215, 50.729355 ] }, { "date": "2026-04-10", "close": 47.200001, "volume": 13103770, "typical_volume": 29616019.0, "trend": 51.77, "fair_value": 57.448319, "relative_strength": -32.562282, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.785749, "energy": 44.665867, "activity_lines": [ 47.98, 49.574545, 49.970238, 50.414946 ] }, { "date": "2026-04-17", "close": 54.400002, "volume": 72311637, "typical_volume": 32447765.45, "trend": 51.733334, "fair_value": 57.634455, "relative_strength": -24.584176, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.266722, "energy": 17.315203, "activity_lines": [ 49.873334, 50.262728, 50.425476, 50.584624 ] }, { "date": "2026-04-24", "close": 55.0, "volume": 121286673, "typical_volume": 38009673.7, "trend": 51.46, "fair_value": 57.826167, "relative_strength": -27.184433, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.188247, "energy": 10.236163, "activity_lines": [ 51.713334, 51.032728, 50.899762, 50.795377 ] }, { "date": "2026-05-01", "close": 52.0, "volume": 30578199, "typical_volume": 39040046.05, "trend": 51.353334, "fair_value": 58.006864, "relative_strength": -30.412918, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.549066, "energy": 14.131614, "activity_lines": [ 52.26, 51.150909, 51.057381, 50.830215 ] }, { "date": "2026-05-08", "close": 59.400002, "volume": 106665458, "typical_volume": 43244498.45, "trend": 51.47, "fair_value": 58.236294, "relative_strength": -24.911843, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.672998, "energy": 44.667224, "activity_lines": [ 55.066668, 52.669092, 51.908096, 51.349355 ] }, { "date": "2026-05-15", "close": 60.5, "volume": 152307836, "typical_volume": 50439120.0, "trend": 51.53, "fair_value": 58.474072, "relative_strength": -22.034499, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.645335, "energy": 68.326027, "activity_lines": [ 57.366667, 54.303637, 52.809048, 51.931936 ] }, { "date": "2026-05-22", "close": 66.699997, "volume": 111637467, "typical_volume": 55683571.8, "trend": 51.886667, "fair_value": 58.753323, "relative_strength": -15.647217, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.867701, "energy": 79.557452, "activity_lines": [ 60.846666, 56.887273, 54.241429, 52.910645 ] }, { "date": "2026-05-29", "close": 66.900002, "volume": 130417914, "typical_volume": 61876898.05, "trend": 52.183334, "fair_value": 59.031263, "relative_strength": -19.420456, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.927253, "energy": 81.330387, "activity_lines": [ 63.573333, 59.214546, 55.600238, 53.879248 ] }, { "date": "2026-06-05", "close": 62.5, "volume": 63266695, "typical_volume": 63409388.2, "trend": 52.42, "fair_value": 59.280132, "relative_strength": -24.634748, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.186032, "energy": 73.539522, "activity_lines": [ 64.04, 60.445455, 56.44381, 54.544839 ] }, { "date": "2026-06-12", "close": 58.5, "volume": 38604924, "typical_volume": 64280487.95, "trend": 52.616667, "fair_value": 59.502063, "relative_strength": -27.380464, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.593445, "energy": 54.50851, "activity_lines": [ 62.473333, 60.701818, 56.841191, 54.937097 ] }, { "date": "2026-06-19", "close": 62.900002, "volume": 24748945, "typical_volume": 59594422.15, "trend": 53.04, "fair_value": 59.750902, "relative_strength": -25.157026, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.542012, "energy": 41.815612, "activity_lines": [ 62.433334, 61.536364, 57.614762, 55.600538 ] }, { "date": "2026-06-26", "close": 68.599998, "volume": 232299615, "typical_volume": 63579416.75, "trend": 53.78, "fair_value": 60.031955, "relative_strength": -14.409762, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.876586, "energy": 42.961932, "activity_lines": [ 64.133333, 63.121818, 58.886429, 56.604409 ] }, { "date": "2026-07-03", "close": 70.599998, "volume": 165565054, "typical_volume": 70748949.4, "trend": 54.516667, "fair_value": 60.324532, "relative_strength": -15.469992, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.755107, "energy": 45.501337, "activity_lines": [ 66.373333, 64.812727, 60.273809, 57.68957 ] }, { "date": "2026-07-10", "close": 65.599998, "volume": 0, "typical_volume": 68659950.25, "trend": 55.051667, "fair_value": 60.587219, "relative_strength": -18.439038, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.951567, "energy": 42.166877, "activity_lines": [ 66.699999, 65.310908, 61.082857, 58.404624 ] }, { "date": "2026-07-17", "close": 56.030342, "volume": 13402092, "typical_volume": 67615731.25, "trend": 55.321011, "fair_value": 60.785968, "relative_strength": -25.155436, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.551427, "energy": 26.337972, "activity_lines": [ 63.630113, 63.82188, 60.930032, 58.467764 ] }, { "date": "2026-07-24", "close": 54.646877, "volume": 28790819, "typical_volume": 68048159.85, "trend": 55.539241, "fair_value": 60.983162, "relative_strength": -27.9261, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.760397, "energy": 12.392408, "activity_lines": [ 60.263716, 62.142578, 60.63959, 58.424271 ] }, { "date": "2026-07-31", "close": 48.618923, "volume": 38032098, "typical_volume": 69181045.5, "trend": 55.584871, "fair_value": 61.138515, "relative_strength": -34.196274, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.173832, "energy": 26.793595, "activity_lines": [ 55.43821, 59.473706, 59.756263, 57.977799 ] }, { "date": "2026-08-07", "close": 53.065773, "volume": 29035211, "typical_volume": 69704802.35, "trend": 55.797064, "fair_value": 61.310491, "relative_strength": -29.057309, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.963032, "energy": 29.717923, "activity_lines": [ 53.427058, 57.942099, 59.305879, 57.815277 ] }, { "date": "2026-08-14", "close": 52.769318, "volume": 30607854, "typical_volume": 70641979.4, "trend": 55.929374, "fair_value": 61.471883, "relative_strength": -31.002018, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.547371, "energy": 35.694295, "activity_lines": [ 52.486036, 56.608122, 58.815519, 57.619938 ] }, { "date": "2026-08-21", "close": 50.700001, "volume": 10706857, "typical_volume": 70668455.9, "trend": 55.969375, "fair_value": 61.577505, "relative_strength": -31.918915, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.342883, "energy": 46.502904, "activity_lines": [ 51.710621, 55.074827, 58.109656, 57.282559 ] } ], "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." } } }