{ "ticker": { "uuid": "70df19a9-808d-4fec-93e8-fbeb68ba5255", "symbol": "4903", "name": "United Fiber Optic Communication Inc.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 87.485, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -54.623, "architecture_energy": 38.178, "architecture_maturity": 17.689, "architecture_confidence": 95.044, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 30.15, "rotation_up": 18.12, "upward_expansion": 5.01, "deceleration": 48.11, "rotation_down": 51.39, "downward_expansion": 76.01 }, "activity_lines": [ 36.863333, 37.651818, 40.054285, 41.277741 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 36.900002, "trend_reference": 41.984999, "distance_from_trend": -0.121115, "trend_direction": "Weakening", "fair_value": 30.288141, "distance_from_fair_value": 0.218299, "fair_value_direction": "Weakening", "relative_strength": -32.104244, "relative_strength_direction": "Weakening", "price_momentum": -0.044041, "excess_performance": -0.485413, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.121115, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.006742, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.218299, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.479309, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.321042, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.254639, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.044041, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.676205, "read": "Supply-led" } ], "volume": { "latest": 8127452, "relative_activity": 0.464017, "balance": 0.676205, "dry_up": 0.620685, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.147175, "annualized_volatility": 0.520488, "from_high_reference": -0.341071, "from_low_reference": 0.315508 }, "levels": { "trend_reference": 41.984999, "fair_value_reference": 30.288141, "structural_low": 31.799999, "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": 14, "median_return": 0.016691, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.013236, "regime_survival": 0.714286, "best_return": 0.148855, "worst_return": -0.22039, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.117885, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.126211, "regime_survival": 0.333333, "best_return": 0.498155, "worst_return": -0.271364, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.060175, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.076758, "regime_survival": 0.0, "best_return": 0.532739, "worst_return": -0.083654, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.43928, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.425712, "regime_survival": 0.0, "best_return": 0.84, "worst_return": 0.340784, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-11-22", "tenure": "Developing", "return": 0.090164, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-03", "tenure": "Developing", "return": -0.0957, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-02-07", "tenure": "New", "return": 0.21643, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.138854, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-07-25", "tenure": "Established", "return": -0.031484, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": 0.240864, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-10-03", "tenure": "Developing", "return": -0.130882, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-11-21", "tenure": "Developing", "return": -0.033762, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-01-23", "tenure": "Developing", "return": -0.060794, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": 0.1375, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-06-05", "tenure": "Developing", "return": -0.08125, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.050323, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.166268, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-14", "tenure": "New", "return": -0.036553, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 16.85, "volume": 309000, "typical_volume": 1116800.0, "trend": 18.643334, "fair_value": 15.080751, "relative_strength": -8.644653, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.776011, "energy": 79.64966, "activity_lines": [ 17.393333, 18.493637, 19.55381, 19.526022 ] }, { "date": "2023-08-18", "close": 17.0, "volume": 125000, "typical_volume": 930850.0, "trend": 18.786667, "fair_value": 15.101289, "relative_strength": -6.336073, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.06691, "energy": 79.562487, "activity_lines": [ 17.163333, 18.057273, 19.252857, 19.42 ] }, { "date": "2023-08-25", "close": 15.9, "volume": 461000, "typical_volume": 916700.0, "trend": 18.89, "fair_value": 15.111983, "relative_strength": -12.627508, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.412413, "energy": 84.038394, "activity_lines": [ 16.69, 17.506364, 18.869286, 19.233764 ] }, { "date": "2023-09-01", "close": 15.7, "volume": 257000, "typical_volume": 850350.0, "trend": 18.976667, "fair_value": 15.134799, "relative_strength": -14.271448, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.635817, "energy": 82.48805, "activity_lines": [ 16.28, 17.015455, 18.490953, 19.027957 ] }, { "date": "2023-09-08", "close": 15.4, "volume": 251000, "typical_volume": 788300.0, "trend": 19.038334, "fair_value": 15.146105, "relative_strength": -15.19863, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.091314, "energy": 90.7473, "activity_lines": [ 15.89, 16.57, 18.108572, 18.797205 ] }, { "date": "2023-09-15", "close": 15.0, "volume": 537000, "typical_volume": 772350.0, "trend": 19.085, "fair_value": 15.16369, "relative_strength": -18.751435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.613877, "energy": 91.79842, "activity_lines": [ 15.5, 16.152727, 17.710476, 18.536667 ] }, { "date": "2023-09-22", "close": 15.0, "volume": 513000, "typical_volume": 704300.0, "trend": 19.085, "fair_value": 15.175503, "relative_strength": -15.641637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.77687, "energy": 84.355743, "activity_lines": [ 15.233333, 15.835455, 17.337381, 18.273118 ] }, { "date": "2023-09-29", "close": 15.1, "volume": 168000, "typical_volume": 593800.0, "trend": 19.086667, "fair_value": 15.189447, "relative_strength": -14.798379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.810201, "energy": 75.019264, "activity_lines": [ 15.133333, 15.606364, 17.009048, 18.016022 ] }, { "date": "2023-10-06", "close": 14.85, "volume": 347000, "typical_volume": 588100.0, "trend": 18.958334, "fair_value": 15.200857, "relative_strength": -16.78509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.648457, "energy": 67.939606, "activity_lines": [ 15.003333, 15.381818, 16.681667, 17.742688 ] }, { "date": "2023-10-13", "close": 14.9, "volume": 284000, "typical_volume": 539800.0, "trend": 18.806667, "fair_value": 15.212588, "relative_strength": -17.566829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.82613, "energy": 66.497857, "activity_lines": [ 14.946667, 15.214545, 16.384762, 17.48086 ] }, { "date": "2023-10-20", "close": 14.8, "volume": 189000, "typical_volume": 508600.0, "trend": 18.561667, "fair_value": 15.22917, "relative_strength": -16.130617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.004312, "energy": 66.414469, "activity_lines": [ 14.89, 15.074545, 16.108333, 17.222366 ] }, { "date": "2023-10-27", "close": 14.8, "volume": 230000, "typical_volume": 450550.0, "trend": 18.333333, "fair_value": 15.248452, "relative_strength": -14.290155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.358634, "energy": 65.255395, "activity_lines": [ 14.846667, 14.971818, 15.862381, 16.979678 ] }, { "date": "2023-11-03", "close": 14.7, "volume": 336000, "typical_volume": 421500.0, "trend": 18.123334, "fair_value": 15.265882, "relative_strength": -16.541325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.515654, "energy": 65.286716, "activity_lines": [ 14.783333, 14.890909, 15.639762, 16.745269 ] }, { "date": "2023-11-10", "close": 14.8, "volume": 153000, "typical_volume": 409600.0, "trend": 17.921667, "fair_value": 15.286281, "relative_strength": -16.660513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.853456, "energy": 62.833631, "activity_lines": [ 14.78, 14.85, 15.457619, 16.53086 ] }, { "date": "2023-11-17", "close": 16.549999, "volume": 496000, "typical_volume": 400900.0, "trend": 17.803333, "fair_value": 15.31827, "relative_strength": -9.658967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.173858, "energy": 38.1893, "activity_lines": [ 15.363333, 15.143636, 15.472619, 16.442366 ] }, { "date": "2023-11-24", "close": 17.0, "volume": 756000, "typical_volume": 395050.0, "trend": 17.695, "fair_value": 15.358544, "relative_strength": -7.617446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.572093, "energy": 22.575216, "activity_lines": [ 15.986666, 15.498182, 15.551428, 16.390538 ] }, { "date": "2023-12-01", "close": 17.0, "volume": 330000, "typical_volume": 361300.0, "trend": 17.515, "fair_value": 15.380571, "relative_strength": -8.444762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.367834, "energy": 31.835417, "activity_lines": [ 16.463333, 15.816363, 15.646905, 16.345699 ] }, { "date": "2023-12-08", "close": 16.9, "volume": 418000, "typical_volume": 339000.0, "trend": 17.401667, "fair_value": 15.406984, "relative_strength": -8.714996, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 9.210041, "energy": 36.877453, "activity_lines": [ 16.76, 16.08, 15.741667, 16.306022 ] }, { "date": "2023-12-15", "close": 16.950001, "volume": 226000, "typical_volume": 332000.0, "trend": 17.291667, "fair_value": 15.436138, "relative_strength": -9.900196, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 10.205892, "energy": 37.724805, "activity_lines": [ 16.926667, 16.32, 15.845714, 16.276882 ] }, { "date": "2023-12-22", "close": 18.299999, "volume": 791000, "typical_volume": 358850.0, "trend": 17.195, "fair_value": 15.477111, "relative_strength": -2.400114, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.009246, "energy": 71.193385, "activity_lines": [ 17.4, 16.767273, 16.080952, 16.341935 ] }, { "date": "2023-12-29", "close": 17.4, "volume": 617000, "typical_volume": 374250.0, "trend": 17.068333, "fair_value": 15.515107, "relative_strength": -8.852049, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.240137, "energy": 54.409429, "activity_lines": [ 17.456667, 16.989091, 16.22619, 16.355161 ] }, { "date": "2024-01-05", "close": 16.65, "volume": 298000, "typical_volume": 382900.0, "trend": 16.9, "fair_value": 15.55053, "relative_strength": -10.661288, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.321223, "energy": 33.119163, "activity_lines": [ 17.236667, 17.027273, 16.297381, 16.328172 ] }, { "date": "2024-01-12", "close": 18.049999, "volume": 1237000, "typical_volume": 421700.0, "trend": 16.795, "fair_value": 15.596882, "relative_strength": -3.36531, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.676555, "energy": 42.169197, "activity_lines": [ 17.506666, 17.286363, 16.503571, 16.402365 ] }, { "date": "2024-01-19", "close": 17.450001, "volume": 1475315, "typical_volume": 482615.75, "trend": 16.67, "fair_value": 15.629335, "relative_strength": -7.685531, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.131722, "energy": 29.209673, "activity_lines": [ 17.5, 17.375455, 16.642381, 16.444624 ] }, { "date": "2024-01-26", "close": 17.15, "volume": 457000, "typical_volume": 492915.75, "trend": 16.543333, "fair_value": 15.654558, "relative_strength": -11.006739, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.368054, "energy": 20.25155, "activity_lines": [ 17.36, 17.361818, 16.744286, 16.475591 ] }, { "date": "2024-02-02", "close": 16.950001, "volume": 364000, "typical_volume": 484265.75, "trend": 16.425, "fair_value": 15.682595, "relative_strength": -12.516069, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 40.897421, "energy": 28.453355, "activity_lines": [ 17.23, 17.300909, 16.81881, 16.501828 ] }, { "date": "2024-02-09", "close": 17.0, "volume": 131000, "typical_volume": 465165.75, "trend": 16.363333, "fair_value": 15.714676, "relative_strength": -12.543135, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.521646, "energy": 19.950698, "activity_lines": [ 17.146667, 17.25, 16.88881, 16.538925 ] }, { "date": "2024-02-16", "close": 16.75, "volume": 248000, "typical_volume": 469165.75, "trend": 16.326667, "fair_value": 15.741989, "relative_strength": -16.228974, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.694571, "energy": 20.161875, "activity_lines": [ 16.956667, 17.153637, 16.925476, 16.563871 ] }, { "date": "2024-02-23", "close": 17.6, "volume": 5110000, "typical_volume": 707315.75, "trend": 16.33, "fair_value": 15.767956, "relative_strength": -13.236203, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.080983, "energy": 21.397577, "activity_lines": [ 17.136667, 17.214546, 17.035238, 16.646022 ] }, { "date": "2024-03-01", "close": 17.700001, "volume": 1039000, "typical_volume": 745065.75, "trend": 16.34, "fair_value": 15.798938, "relative_strength": -12.912608, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.992988, "energy": 29.926253, "activity_lines": [ 17.34, 17.281818, 17.141429, 16.734409 ] }, { "date": "2024-03-08", "close": 17.700001, "volume": 1772000, "typical_volume": 824215.75, "trend": 16.368333, "fair_value": 15.832993, "relative_strength": -16.186055, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.135767, "energy": 33.267046, "activity_lines": [ 17.506667, 17.36, 17.234286, 16.822151 ] }, { "date": "2024-03-15", "close": 17.299999, "volume": 876000, "typical_volume": 856515.75, "trend": 16.378333, "fair_value": 15.866625, "relative_strength": -17.084986, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.405183, "energy": 32.602059, "activity_lines": [ 17.49, 17.36, 17.275238, 16.882258 ] }, { "date": "2024-03-22", "close": 17.1, "volume": 380000, "typical_volume": 858715.75, "trend": 16.418333, "fair_value": 15.901674, "relative_strength": -19.456956, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.787091, "energy": 27.886364, "activity_lines": [ 17.386667, 17.311818, 17.285238, 16.928817 ] }, { "date": "2024-03-29", "close": 16.85, "volume": 245000, "typical_volume": 863315.75, "trend": 16.456667, "fair_value": 15.936611, "relative_strength": -20.110859, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.27046, "energy": 11.314172, "activity_lines": [ 17.176667, 17.235455, 17.26, 16.956667 ] }, { "date": "2024-04-05", "close": 16.75, "volume": 266000, "typical_volume": 851815.75, "trend": 16.501667, "fair_value": 15.971371, "relative_strength": -20.00978, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.265632, "energy": 10.858262, "activity_lines": [ 16.983333, 17.151818, 17.215476, 16.975591 ] }, { "date": "2024-04-12", "close": 16.6, "volume": 608000, "typical_volume": 844415.75, "trend": 16.555, "fair_value": 16.009639, "relative_strength": -21.506016, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.589309, "energy": 14.291314, "activity_lines": [ 16.803333, 17.048182, 17.155714, 16.981936 ] }, { "date": "2024-04-19", "close": 16.549999, "volume": 574000, "typical_volume": 856615.75, "trend": 16.606667, "fair_value": 16.04861, "relative_strength": -16.199057, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.492052, "energy": 23.941258, "activity_lines": [ 16.68, 16.941818, 17.093095, 16.981613 ] }, { "date": "2024-04-26", "close": 17.0, "volume": 963000, "typical_volume": 883865.75, "trend": 16.67, "fair_value": 16.088697, "relative_strength": -15.730205, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.69904, "energy": 17.747665, "activity_lines": [ 16.756666, 16.925454, 17.075476, 17.006989 ] }, { "date": "2024-05-03", "close": 16.799999, "volume": 396000, "typical_volume": 892365.75, "trend": 16.735, "fair_value": 16.125361, "relative_strength": -16.609948, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.708742, "energy": 14.294435, "activity_lines": [ 16.773333, 16.868181, 17.038333, 17.015376 ] }, { "date": "2024-05-10", "close": 20.700001, "volume": 10095000, "typical_volume": 1357565.75, "trend": 16.928333, "fair_value": 16.18358, "relative_strength": 1.480734, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.579088, "energy": 62.170158, "activity_lines": [ 18.093333, 17.534545, 17.373333, 17.271183 ] }, { "date": "2024-05-17", "close": 22.549999, "volume": 17346000, "typical_volume": 2194015.75, "trend": 17.186667, "fair_value": 16.255799, "relative_strength": 8.095501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.372763, "energy": 89.539827, "activity_lines": [ 19.766666, 18.482727, 17.873095, 17.633871 ] }, { "date": "2024-05-24", "close": 21.299999, "volume": 9224000, "typical_volume": 2640315.75, "trend": 17.403333, "fair_value": 16.320658, "relative_strength": 1.239372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.060091, "energy": 88.328271, "activity_lines": [ 20.626666, 19.115454, 18.229286, 17.899247 ] }, { "date": "2024-05-31", "close": 24.85, "volume": 12619000, "typical_volume": 3209415.75, "trend": 17.741667, "fair_value": 16.411251, "relative_strength": 20.520814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.831934, "energy": 96.57862, "activity_lines": [ 22.353333, 20.320909, 18.901428, 18.379677 ] }, { "date": "2024-06-07", "close": 25.6, "volume": 8929000, "typical_volume": 3582100.0, "trend": 18.101667, "fair_value": 16.503115, "relative_strength": 20.543256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.530575, "energy": 95.506953, "activity_lines": [ 23.806666, 21.521818, 19.612619, 18.886667 ] }, { "date": "2024-06-14", "close": 24.85, "volume": 5913000, "typical_volume": 3854900.0, "trend": 18.378333, "fair_value": 16.595105, "relative_strength": 13.926239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.308035, "energy": 88.218135, "activity_lines": [ 24.423333, 22.427272, 20.213571, 19.322043 ] }, { "date": "2024-06-21", "close": 25.15, "volume": 4718000, "typical_volume": 4072600.0, "trend": 18.65, "fair_value": 16.689111, "relative_strength": 11.924273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.399489, "energy": 81.645203, "activity_lines": [ 24.863333, 23.24, 20.806428, 19.758925 ] }, { "date": "2024-06-28", "close": 23.799999, "volume": 3620000, "typical_volume": 4247050.0, "trend": 18.876667, "fair_value": 16.776046, "relative_strength": 7.371753, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.480141, "energy": 62.582571, "activity_lines": [ 24.68, 23.651818, 21.231666, 20.091183 ] }, { "date": "2024-07-05", "close": 24.35, "volume": 3475000, "typical_volume": 4408400.0, "trend": 19.125, "fair_value": 16.866041, "relative_strength": 7.831251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.799982, "energy": 54.19583, "activity_lines": [ 24.513333, 24.031818, 21.676905, 20.444301 ] }, { "date": "2024-07-12", "close": 25.799999, "volume": 7278000, "typical_volume": 4516800.0, "trend": 19.42, "fair_value": 16.958815, "relative_strength": 12.557892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.098152, "energy": 51.705636, "activity_lines": [ 24.863333, 24.541818, 22.224047, 20.874946 ] }, { "date": "2024-07-19", "close": 30.700001, "volume": 22216000, "typical_volume": 5575650.0, "trend": 19.833333, "fair_value": 17.083929, "relative_strength": 39.248582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.598278, "energy": 59.174981, "activity_lines": [ 26.833333, 25.779091, 23.198809, 21.602688 ] }, { "date": "2024-07-26", "close": 26.950001, "volume": 9595000, "typical_volume": 5966800.0, "trend": 20.151667, "fair_value": 17.180351, "relative_strength": 25.866168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.597374, "energy": 48.565804, "activity_lines": [ 27.163334, 26.152727, 23.754524, 22.061828 ] }, { "date": "2024-08-02", "close": 27.299999, "volume": 11781000, "typical_volume": 6512050.0, "trend": 20.506667, "fair_value": 17.280878, "relative_strength": 29.746427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.727288, "energy": 46.918565, "activity_lines": [ 27.49, 26.51, 24.299524, 22.523011 ] }, { "date": "2024-08-09", "close": 25.700001, "volume": 8015000, "typical_volume": 6893800.0, "trend": 20.761667, "fair_value": 17.374872, "relative_strength": 22.66252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.455283, "energy": 41.925407, "activity_lines": [ 27.05, 26.467273, 24.644524, 22.858064 ] }, { "date": "2024-08-16", "close": 26.65, "volume": 5336000, "typical_volume": 7148350.0, "trend": 21.068333, "fair_value": 17.472908, "relative_strength": 21.815257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.404644, "energy": 32.904429, "activity_lines": [ 26.836667, 26.581818, 25.039048, 23.237957 ] }, { "date": "2024-08-23", "close": 30.799999, "volume": 21114000, "typical_volume": 8190750.0, "trend": 21.523333, "fair_value": 17.59913, "relative_strength": 40.82331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.466632, "energy": 41.537311, "activity_lines": [ 27.95, 27.431818, 25.782143, 23.865806 ] }, { "date": "2024-08-30", "close": 27.0, "volume": 16311000, "typical_volume": 8975900.0, "trend": 21.858333, "fair_value": 17.700526, "relative_strength": 22.197917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.901187, "energy": 32.626296, "activity_lines": [ 27.79, 27.482727, 26.096428, 24.21914 ] }, { "date": "2024-09-06", "close": 24.549999, "volume": 4913000, "typical_volume": 9192850.0, "trend": 22.11, "fair_value": 17.787056, "relative_strength": 14.945156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.369504, "energy": 24.01162, "activity_lines": [ 26.81, 27.054545, 26.127857, 24.392796 ] }, { "date": "2024-09-13", "close": 27.6, "volume": 12584000, "typical_volume": 9773900.0, "trend": 22.471667, "fair_value": 17.891368, "relative_strength": 26.367131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.622714, "energy": 24.978493, "activity_lines": [ 27.03, 27.167273, 26.411666, 24.746989 ] }, { "date": "2024-09-20", "close": 33.049999, "volume": 71858000, "typical_volume": 13347000.0, "trend": 22.986667, "fair_value": 18.029778, "relative_strength": 46.974606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.230254, "energy": 37.051456, "activity_lines": [ 28.939999, 28.211818, 27.164047, 25.429462 ] }, { "date": "2024-09-27", "close": 36.599998, "volume": 81850000, "typical_volume": 16934750.0, "trend": 23.616666, "fair_value": 18.180053, "relative_strength": 56.019245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.049633, "energy": 55.054719, "activity_lines": [ 31.606666, 29.769999, 28.177142, 26.307742 ] }, { "date": "2024-10-04", "close": 45.450001, "volume": 95068000, "typical_volume": 20820850.0, "trend": 24.541666, "fair_value": 18.364809, "relative_strength": 94.12636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.988285, "energy": 84.157782, "activity_lines": [ 36.836666, 32.83, 29.957381, 27.716344 ] }, { "date": "2024-10-11", "close": 53.400002, "volume": 162453000, "typical_volume": 28482300.0, "trend": 25.745, "fair_value": 18.596339, "relative_strength": 116.393815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.714736, "energy": 95.012062, "activity_lines": [ 43.486667, 36.999091, 32.385714, 29.578172 ] }, { "date": "2024-10-18", "close": 51.099998, "volume": 121934000, "typical_volume": 33948050.0, "trend": 26.878333, "fair_value": 18.822433, "relative_strength": 97.416545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.333608, "energy": 93.035399, "activity_lines": [ 47.446666, 40.275454, 34.442143, 31.213978 ] }, { "date": "2024-10-25", "close": 49.400002, "volume": 46425000, "typical_volume": 35822850.0, "trend": 27.963333, "fair_value": 19.039493, "relative_strength": 88.050801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.949315, "energy": 88.815719, "activity_lines": [ 49.273334, 42.780909, 36.211667, 32.666989 ] }, { "date": "2024-11-01", "close": 46.549999, "volume": 30190000, "typical_volume": 37036700.0, "trend": 28.956666, "fair_value": 19.244892, "relative_strength": 78.112904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.543526, "energy": 85.674705, "activity_lines": [ 49.06, 44.354545, 37.596428, 33.866129 ] }, { "date": "2024-11-08", "close": 52.0, "volume": 134037000, "typical_volume": 43502650.0, "trend": 30.136666, "fair_value": 19.485134, "relative_strength": 88.262268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.339116, "energy": 65.687977, "activity_lines": [ 50.0, 46.632727, 39.396905, 35.352796 ] }, { "date": "2024-11-15", "close": 43.400002, "volume": 39387000, "typical_volume": 45291000.0, "trend": 31.031667, "fair_value": 19.641855, "relative_strength": 60.24303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.593787, "energy": 50.588824, "activity_lines": [ 47.636667, 46.892728, 40.250476, 36.208495 ] }, { "date": "2024-11-22", "close": 39.900002, "volume": 27555741, "typical_volume": 46495037.05, "trend": 31.795, "fair_value": 19.791501, "relative_strength": 44.510703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.160709, "energy": 34.812365, "activity_lines": [ 44.773335, 46.173637, 40.677381, 36.780645 ] }, { "date": "2024-11-29", "close": 36.049999, "volume": 17850000, "typical_volume": 47023637.05, "trend": 32.436667, "fair_value": 19.90995, "relative_strength": 32.96388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.011653, "energy": 21.656625, "activity_lines": [ 41.373334, 44.53091, 40.663572, 37.055161 ] }, { "date": "2024-12-06", "close": 39.599998, "volume": 33561000, "typical_volume": 47590887.05, "trend": 33.066667, "fair_value": 20.031607, "relative_strength": 38.58701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.371698, "energy": 25.550544, "activity_lines": [ 40.046666, 43.479091, 40.939048, 37.517312 ] }, { "date": "2024-12-13", "close": 34.299999, "volume": 9680000, "typical_volume": 47595137.05, "trend": 33.458333, "fair_value": 20.124875, "relative_strength": 19.94569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.96783, "energy": 20.755165, "activity_lines": [ 37.416666, 41.409091, 40.667381, 37.596882 ] }, { "date": "2024-12-20", "close": 32.049999, "volume": 12753000, "typical_volume": 47643737.05, "trend": 33.816667, "fair_value": 20.206978, "relative_strength": 13.940909, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.899157, "energy": 22.89855, "activity_lines": [ 35.216666, 39.132727, 40.146428, 37.506021 ] }, { "date": "2024-12-27", "close": 32.049999, "volume": 7045000, "typical_volume": 47595237.05, "trend": 34.056666, "fair_value": 20.271859, "relative_strength": 9.508714, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.325188, "energy": 30.932782, "activity_lines": [ 33.773332, 37.244545, 39.602857, 37.392043 ] }, { "date": "2025-01-03", "close": 32.599998, "volume": 4894000, "typical_volume": 47573137.05, "trend": 34.29, "fair_value": 20.344455, "relative_strength": 12.362003, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.087402, "energy": 40.142136, "activity_lines": [ 33.036665, 35.802726, 39.081428, 37.298064 ] }, { "date": "2025-01-10", "close": 31.65, "volume": 7260000, "typical_volume": 46880437.05, "trend": 34.516666, "fair_value": 20.411892, "relative_strength": 8.031295, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.017549, "energy": 50.879157, "activity_lines": [ 32.213332, 34.493636, 38.44119, 37.127742 ] }, { "date": "2025-01-17", "close": 34.650002, "volume": 63591000, "typical_volume": 49244437.05, "trend": 34.833333, "fair_value": 20.510196, "relative_strength": 16.676446, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.501921, "energy": 36.380967, "activity_lines": [ 32.92, 34.000909, 38.082619, 37.136344 ] }, { "date": "2025-01-24", "close": 37.900002, "volume": 32247000, "typical_volume": 50611137.05, "trend": 35.303333, "fair_value": 20.639573, "relative_strength": 24.346767, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.931863, "energy": 12.456431, "activity_lines": [ 34.686668, 34.414546, 37.997143, 37.334194 ] }, { "date": "2025-02-07", "close": 38.5, "volume": 17498346, "typical_volume": 50856854.35, "trend": 35.775, "fair_value": 20.772797, "relative_strength": 25.265028, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.646597, "energy": 7.903279, "activity_lines": [ 36.263334, 35.037273, 37.905238, 37.54043 ] }, { "date": "2025-02-14", "close": 39.25, "volume": 50410609, "typical_volume": 49784484.8, "trend": 36.223333, "fair_value": 20.914552, "relative_strength": 28.079393, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.441596, "energy": 18.614728, "activity_lines": [ 37.660001, 35.821818, 37.832857, 37.764624 ] }, { "date": "2025-02-21", "close": 36.950001, "volume": 11384839, "typical_volume": 46261226.75, "trend": 36.431667, "fair_value": 21.035978, "relative_strength": 16.526955, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.93561, "energy": 15.31513, "activity_lines": [ 37.846667, 36.13, 37.511905, 37.811505 ] }, { "date": "2025-02-28", "close": 36.0, "volume": 4563190, "typical_volume": 41735986.25, "trend": 36.733333, "fair_value": 21.154107, "relative_strength": 15.815561, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.492109, "energy": 9.869245, "activity_lines": [ 37.363334, 36.313637, 37.09881, 37.783656 ] }, { "date": "2025-03-07", "close": 33.450001, "volume": 5072507, "typical_volume": 33866961.6, "trend": 36.938333, "fair_value": 21.259613, "relative_strength": 9.035641, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -27.37399, "energy": 14.334283, "activity_lines": [ 35.940001, 36.002728, 36.487857, 37.571828 ] }, { "date": "2025-03-14", "close": 33.799999, "volume": 7594840, "typical_volume": 28150003.6, "trend": 37.208333, "fair_value": 21.369225, "relative_strength": 12.20332, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -27.137086, "energy": 32.717051, "activity_lines": [ 34.93, 35.73, 36.005238, 37.369355 ] }, { "date": "2025-03-21", "close": 33.349998, "volume": 5249855, "typical_volume": 26091246.35, "trend": 37.431667, "fair_value": 21.482003, "relative_strength": 8.559876, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.810628, "energy": 54.724657, "activity_lines": [ 34.083333, 35.343636, 35.562143, 37.12043 ] }, { "date": "2025-03-28", "close": 30.200001, "volume": 4223382, "typical_volume": 24792915.45, "trend": 37.411667, "fair_value": 21.574124, "relative_strength": 0.294169, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.309679, "energy": 69.587662, "activity_lines": [ 32.58, 34.370909, 34.895476, 36.653871 ] }, { "date": "2025-04-04", "close": 29.200001, "volume": 1709901, "typical_volume": 18176560.5, "trend": 37.485, "fair_value": 21.655645, "relative_strength": -2.368, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.980398, "energy": 74.416587, "activity_lines": [ 31.193333, 33.242727, 34.211429, 36.124086 ] }, { "date": "2025-04-11", "close": 23.299999, "volume": 2880337, "typical_volume": 16351227.35, "trend": 37.443333, "fair_value": 21.704, "relative_strength": -15.464033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.342805, "energy": 85.416503, "activity_lines": [ 28.293333, 31.140909, 33.074048, 35.208925 ] }, { "date": "2025-04-18", "close": 26.0, "volume": 4623301, "typical_volume": 15204605.35, "trend": 37.39, "fair_value": 21.771524, "relative_strength": -5.711343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.638825, "energy": 82.143754, "activity_lines": [ 26.97, 29.795454, 32.289524, 34.470645 ] }, { "date": "2025-04-25", "close": 26.65, "volume": 3607285, "typical_volume": 14492469.6, "trend": 37.176667, "fair_value": 21.844612, "relative_strength": -6.302737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.149942, "energy": 79.929991, "activity_lines": [ 26.383333, 28.795454, 31.633095, 33.777742 ] }, { "date": "2025-05-02", "close": 29.35, "volume": 8957019, "typical_volume": 13262270.55, "trend": 36.935, "fair_value": 21.935938, "relative_strength": -2.097429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.436106, "energy": 65.463605, "activity_lines": [ 27.143333, 28.515454, 31.278571, 33.272796 ] }, { "date": "2025-05-09", "close": 30.0, "volume": 6959298, "typical_volume": 13126235.45, "trend": 36.42, "fair_value": 22.029104, "relative_strength": -1.338718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.649286, "energy": 43.212463, "activity_lines": [ 28.176667, 28.491818, 31.034762, 32.825376 ] }, { "date": "2025-05-16", "close": 29.35, "volume": 5477872, "typical_volume": 12762479.05, "trend": 35.618333, "fair_value": 22.119499, "relative_strength": -7.998642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.145038, "energy": 30.318692, "activity_lines": [ 28.94, 28.459091, 30.749524, 32.369247 ] }, { "date": "2025-05-23", "close": 27.700001, "volume": 1191410, "typical_volume": 12469799.55, "trend": 34.838333, "fair_value": 22.20211, "relative_strength": -12.654406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.905349, "energy": 27.872048, "activity_lines": [ 28.75, 28.200909, 30.32, 31.858387 ] }, { "date": "2025-05-30", "close": 26.6, "volume": 865999, "typical_volume": 12268399.5, "trend": 34.078333, "fair_value": 22.273947, "relative_strength": -15.212473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.499215, "energy": 33.21395, "activity_lines": [ 28.08, 27.853637, 29.806429, 31.326882 ] }, { "date": "2025-06-06", "close": 25.200001, "volume": 1323332, "typical_volume": 11971566.1, "trend": 33.366667, "fair_value": 22.330758, "relative_strength": -20.826449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.490783, "energy": 46.112074, "activity_lines": [ 26.946667, 27.374546, 29.188095, 30.754086 ] }, { "date": "2025-06-13", "close": 24.9, "volume": 1868954, "typical_volume": 8885463.8, "trend": 32.463333, "fair_value": 22.375871, "relative_strength": -23.186905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.559968, "energy": 60.959636, "activity_lines": [ 25.99, 26.931818, 28.571905, 30.20785 ] }, { "date": "2025-06-20", "close": 24.299999, "volume": 1330531, "typical_volume": 7339640.35, "trend": 31.826667, "fair_value": 22.422258, "relative_strength": -24.943382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.382986, "energy": 67.474418, "activity_lines": [ 25.173333, 26.458182, 27.945, 29.681183 ] }, { "date": "2025-06-27", "close": 24.15, "volume": 1046912, "typical_volume": 6517068.65, "trend": 31.301667, "fair_value": 22.476993, "relative_strength": -27.160403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.569582, "energy": 70.862097, "activity_lines": [ 24.643333, 25.939091, 27.368571, 29.185914 ] }, { "date": "2025-07-04", "close": 23.5, "volume": 1417331, "typical_volume": 4067404.75, "trend": 30.883333, "fair_value": 22.52663, "relative_strength": -29.026755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.512436, "energy": 68.772092, "activity_lines": [ 24.133333, 25.335455, 26.798571, 28.682581 ] }, { "date": "2025-07-11", "close": 27.6, "volume": 4448457, "typical_volume": 3720585.65, "trend": 30.483333, "fair_value": 22.603945, "relative_strength": -17.583563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.697918, "energy": 44.273424, "activity_lines": [ 25.196667, 25.534545, 26.694048, 28.470753 ] }, { "date": "2025-07-18", "close": 28.65, "volume": 5548631, "typical_volume": 3769857.7, "trend": 30.295, "fair_value": 22.689853, "relative_strength": -16.919848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.366747, "energy": 25.621501, "activity_lines": [ 26.45, 25.956364, 26.734048, 28.352473 ] }, { "date": "2025-07-25", "close": 32.299999, "volume": 15036197, "typical_volume": 4268042.2, "trend": 30.303333, "fair_value": 22.787523, "relative_strength": -6.309211, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.142718, "energy": 15.244848, "activity_lines": [ 28.67, 27.066363, 27.156667, 28.481828 ] }, { "date": "2025-08-01", "close": 30.1, "volume": 6340091, "typical_volume": 4205304.75, "trend": 30.238333, "fair_value": 22.873417, "relative_strength": -13.026281, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.979283, "energy": 25.660704, "activity_lines": [ 29.623333, 27.722727, 27.375238, 28.46871 ] }, { "date": "2025-08-08", "close": 29.799999, "volume": 4399046, "typical_volume": 4162764.3, "trend": 30.145, "fair_value": 22.94994, "relative_strength": -15.973781, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.926841, "energy": 27.450394, "activity_lines": [ 30.079999, 28.280909, 27.582857, 28.44043 ] }, { "date": "2025-08-15", "close": 37.349998, "volume": 15289844, "typical_volume": 4716087.4, "trend": 30.335, "fair_value": 23.078119, "relative_strength": 3.503789, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 52.354684, "energy": 67.211232, "activity_lines": [ 32.633332, 30.153636, 28.526428, 28.905269 ] }, { "date": "2025-08-22", "close": 34.0, "volume": 9947161, "typical_volume": 5127950.4, "trend": 30.313333, "fair_value": 23.178773, "relative_strength": -3.816941, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.290657, "energy": 61.169931, "activity_lines": [ 33.419999, 31.196363, 29.116904, 29.14172 ] }, { "date": "2025-08-29", "close": 35.0, "volume": 7881795, "typical_volume": 5378023.3, "trend": 30.216667, "fair_value": 23.288165, "relative_strength": -2.970864, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.552491, "energy": 64.966484, "activity_lines": [ 34.183333, 32.255454, 29.779762, 29.444086 ] }, { "date": "2025-09-05", "close": 32.299999, "volume": 3691202, "typical_volume": 5331418.35, "trend": 30.01, "fair_value": 23.383041, "relative_strength": -11.533192, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.65152, "energy": 54.320208, "activity_lines": [ 33.866666, 32.62909, 30.129762, 29.578494 ] }, { "date": "2025-09-12", "close": 31.049999, "volume": 4009834, "typical_volume": 5351545.8, "trend": 29.736667, "fair_value": 23.471766, "relative_strength": -18.306129, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.993046, "energy": 29.219023, "activity_lines": [ 32.986666, 32.627272, 30.330714, 29.645591 ] }, { "date": "2025-09-19", "close": 32.25, "volume": 3031877, "typical_volume": 5055288.7, "trend": 29.58, "fair_value": 23.57377, "relative_strength": -15.484725, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 43.371689, "energy": 27.946417, "activity_lines": [ 32.423333, 32.706363, 30.625, 29.807742 ] }, { "date": "2025-09-26", "close": 30.0, "volume": 2551671, "typical_volume": 4834907.35, "trend": 29.38, "fair_value": 23.665073, "relative_strength": -21.062854, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 35.594451, "energy": 21.473107, "activity_lines": [ 31.45, 32.291818, 30.69119, 29.834838 ] }, { "date": "2025-10-03", "close": 29.549999, "volume": 1937210, "typical_volume": 4657874.25, "trend": 29.25, "fair_value": 23.751165, "relative_strength": -25.193903, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 26.158616, "energy": 20.649789, "activity_lines": [ 30.593333, 31.770909, 30.714523, 29.845806 ] }, { "date": "2025-10-10", "close": 31.1, "volume": 2279628, "typical_volume": 4712285.15, "trend": 29.16, "fair_value": 23.857433, "relative_strength": -21.915431, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.510261, "energy": 19.077627, "activity_lines": [ 30.616666, 31.581818, 30.884523, 29.965161 ] }, { "date": "2025-10-17", "close": 29.75, "volume": 3252097, "typical_volume": 4831590.05, "trend": 29.04, "fair_value": 23.955699, "relative_strength": -24.062836, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.410852, "energy": 17.179371, "activity_lines": [ 30.27, 31.129091, 30.909761, 30.003225 ] }, { "date": "2025-10-24", "close": 30.1, "volume": 4401613, "typical_volume": 4985504.1, "trend": 29.036666, "fair_value": 24.056767, "relative_strength": -22.689522, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.244279, "energy": 12.217821, "activity_lines": [ 30.126667, 30.740909, 30.953333, 30.071613 ] }, { "date": "2025-10-31", "close": 31.0, "volume": 9396400, "typical_volume": 5361876.4, "trend": 29.096666, "fair_value": 24.166769, "relative_strength": -21.265328, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.176889, "energy": 8.631679, "activity_lines": [ 30.426667, 30.648182, 31.059285, 30.198279 ] }, { "date": "2025-11-07", "close": 28.450001, "volume": 3323074, "typical_volume": 5461503.55, "trend": 29.268333, "fair_value": 24.26238, "relative_strength": -25.174295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.67124, "energy": 7.686023, "activity_lines": [ 29.81, 30.146364, 30.893333, 30.156559 ] }, { "date": "2025-11-14", "close": 29.85, "volume": 7980266, "typical_volume": 5808171.25, "trend": 29.396666, "fair_value": 24.368827, "relative_strength": -19.505792, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.786194, "energy": 11.76507, "activity_lines": [ 29.733334, 30.018182, 30.840952, 30.194086 ] }, { "date": "2025-11-21", "close": 30.049999, "volume": 11480657, "typical_volume": 6311337.55, "trend": 29.51, "fair_value": 24.475252, "relative_strength": -15.085004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.218593, "energy": 11.902684, "activity_lines": [ 29.806667, 29.970909, 30.780476, 30.236236 ] }, { "date": "2025-11-28", "close": 40.299999, "volume": 68114633, "typical_volume": 9494646.35, "trend": 29.875, "fair_value": 24.641798, "relative_strength": 9.412937, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.226446, "energy": 55.554385, "activity_lines": [ 33.276666, 31.805454, 31.665, 30.932365 ] }, { "date": "2025-12-05", "close": 42.950001, "volume": 48707659, "typical_volume": 11652597.75, "trend": 30.306666, "fair_value": 24.826354, "relative_strength": 15.270848, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.328201, "energy": 81.944519, "activity_lines": [ 36.95, 33.975455, 32.741428, 31.775914 ] }, { "date": "2025-12-12", "close": 47.700001, "volume": 105213817, "typical_volume": 16161478.75, "trend": 30.918333, "fair_value": 25.039777, "relative_strength": 27.062275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.922881, "energy": 91.809363, "activity_lines": [ 41.41, 36.773637, 34.202143, 32.898064 ] }, { "date": "2025-12-19", "close": 44.799999, "volume": 42867807, "typical_volume": 17987864.55, "trend": 31.488333, "fair_value": 25.233866, "relative_strength": 21.275425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.822832, "energy": 89.435863, "activity_lines": [ 43.62, 38.714545, 35.313333, 33.793656 ] }, { "date": "2025-12-26", "close": 47.599998, "volume": 36898832, "typical_volume": 19612853.85, "trend": 32.188333, "fair_value": 25.447578, "relative_strength": 24.539466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.047647, "energy": 91.007983, "activity_lines": [ 45.766666, 40.915454, 36.62119, 34.833118 ] }, { "date": "2026-01-02", "close": 42.75, "volume": 16548158, "typical_volume": 19675769.55, "trend": 32.773333, "fair_value": 25.628526, "relative_strength": 8.700658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.88637, "energy": 80.15616, "activity_lines": [ 45.126666, 41.91, 37.382381, 35.514516 ] }, { "date": "2026-01-09", "close": 36.599998, "volume": 18748553, "typical_volume": 20115839.15, "trend": 33.163333, "fair_value": 25.773077, "relative_strength": -9.543806, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.52425, "energy": 46.986426, "activity_lines": [ 42.273332, 41.556363, 37.532142, 35.761397 ] }, { "date": "2026-01-16", "close": 41.400002, "volume": 26739096, "typical_volume": 21058704.2, "trend": 33.733333, "fair_value": 25.956731, "relative_strength": -1.247011, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.899488, "energy": 33.367938, "activity_lines": [ 41.443333, 41.973636, 38.126666, 36.292795 ] }, { "date": "2026-01-23", "close": 37.849998, "volume": 11609182, "typical_volume": 21454603.2, "trend": 34.19, "fair_value": 26.117949, "relative_strength": -10.875084, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.223169, "energy": 23.172634, "activity_lines": [ 39.849999, 41.509999, 38.352619, 36.558387 ] }, { "date": "2026-01-30", "close": 40.0, "volume": 36370854, "typical_volume": 23072654.2, "trend": 34.74, "fair_value": 26.292308, "relative_strength": -5.616275, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.161182, "energy": 22.413906, "activity_lines": [ 39.436666, 41.291818, 38.756904, 36.933225 ] }, { "date": "2026-02-06", "close": 38.599998, "volume": 14101909, "typical_volume": 23626155.8, "trend": 35.106666, "fair_value": 26.455769, "relative_strength": -7.542785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.221794, "energy": 17.404639, "activity_lines": [ 39.063332, 40.638181, 38.985238, 37.182258 ] }, { "date": "2026-02-13", "close": 38.950001, "volume": 16659805, "typical_volume": 24331562.5, "trend": 35.45, "fair_value": 26.61859, "relative_strength": -11.066648, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.3564, "energy": 16.375818, "activity_lines": [ 39.083333, 40.07909, 39.216666, 37.430215 ] }, { "date": "2026-02-27", "close": 43.950001, "volume": 20709894, "typical_volume": 25270196.7, "trend": 35.838333, "fair_value": 26.813141, "relative_strength": -4.329417, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.89223, "energy": 25.878377, "activity_lines": [ 40.613333, 40.501818, 39.881666, 37.978602 ] }, { "date": "2026-03-06", "close": 41.0, "volume": 51849276, "typical_volume": 27748679.1, "trend": 36.201666, "fair_value": 26.979808, "relative_strength": -5.451553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.934223, "energy": 23.835057, "activity_lines": [ 40.99, 40.456364, 40.197143, 38.311613 ] }, { "date": "2026-03-13", "close": 43.349998, "volume": 17331222, "typical_volume": 28452635.35, "trend": 36.653333, "fair_value": 27.161218, "relative_strength": 0.840067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.384673, "energy": 30.390322, "activity_lines": [ 41.94, 40.907272, 40.689285, 38.772795 ] }, { "date": "2026-03-20", "close": 45.5, "volume": 30536514, "typical_volume": 29759380.4, "trend": 36.925, "fair_value": 27.333013, "relative_strength": 5.676025, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.727923, "energy": 49.449796, "activity_lines": [ 43.383333, 41.826363, 41.321428, 39.343548 ] }, { "date": "2026-03-27", "close": 48.0, "volume": 134146852, "typical_volume": 35996903.0, "trend": 37.391666, "fair_value": 27.516026, "relative_strength": 13.022566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.404293, "energy": 56.43321, "activity_lines": [ 45.2, 43.15, 42.118333, 40.058064 ] }, { "date": "2026-04-03", "close": 43.849998, "volume": 26379103, "typical_volume": 37149704.45, "trend": 37.686666, "fair_value": 27.655128, "relative_strength": 5.044541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.829343, "energy": 48.994006, "activity_lines": [ 45.029999, 43.511818, 42.439047, 40.474731 ] }, { "date": "2026-04-10", "close": 47.5, "volume": 22312644, "typical_volume": 37866323.35, "trend": 38.193333, "fair_value": 27.820833, "relative_strength": 4.693682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.364209, "energy": 52.938936, "activity_lines": [ 46.083333, 44.492727, 43.034047, 41.107849 ] }, { "date": "2026-04-17", "close": 47.799999, "volume": 44501537, "typical_volume": 39517367.35, "trend": 38.751666, "fair_value": 27.992628, "relative_strength": 1.225375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.168993, "energy": 47.001598, "activity_lines": [ 46.803333, 45.352727, 43.573571, 41.727634 ] }, { "date": "2026-04-24", "close": 45.950001, "volume": 63289258, "typical_volume": 39276098.6, "trend": 39.208333, "fair_value": 28.153526, "relative_strength": -7.789663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.33509, "energy": 33.447936, "activity_lines": [ 46.61, 45.734545, 43.852381, 42.192043 ] }, { "date": "2026-05-01", "close": 45.25, "volume": 13394204, "typical_volume": 37510425.85, "trend": 39.716666, "fair_value": 28.314744, "relative_strength": -8.936589, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.824704, "energy": 30.821138, "activity_lines": [ 46.153333, 45.855454, 44.037619, 42.581828 ] }, { "date": "2026-05-08", "close": 43.0, "volume": 12485943, "typical_volume": 32874032.15, "trend": 40.165, "fair_value": 28.460577, "relative_strength": -18.569231, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.533764, "energy": 19.855714, "activity_lines": [ 45.13, 45.452727, 43.997619, 42.793656 ] }, { "date": "2026-05-15", "close": 48.599998, "volume": 32873593, "typical_volume": 32374321.45, "trend": 40.748333, "fair_value": 28.628526, "relative_strength": -6.640301, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.301799, "energy": 23.288867, "activity_lines": [ 46.029999, 46.085454, 44.513333, 43.337849 ] }, { "date": "2026-05-22", "close": 47.549999, "volume": 14772953, "typical_volume": 31268027.5, "trend": 41.341666, "fair_value": 28.803205, "relative_strength": -10.728067, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.504503, "energy": 25.649808, "activity_lines": [ 46.506666, 46.38909, 44.910952, 43.776666 ] }, { "date": "2026-05-29", "close": 44.849998, "volume": 14780089, "typical_volume": 31179624.05, "trend": 41.833333, "fair_value": 28.960897, "relative_strength": -20.099684, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.634105, "energy": 18.661592, "activity_lines": [ 46.099999, 46.125454, 45.051666, 44.00301 ] }, { "date": "2026-06-05", "close": 44.099998, "volume": 12105767, "typical_volume": 30847484.75, "trend": 42.27, "fair_value": 29.107692, "relative_strength": -21.703886, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.008403, "energy": 17.851935, "activity_lines": [ 45.516665, 45.737272, 45.110952, 44.149247 ] }, { "date": "2026-06-12", "close": 38.75, "volume": 6389759, "typical_volume": 29830017.9, "trend": 42.613333, "fair_value": 29.220192, "relative_strength": -29.48716, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.078205, "energy": 7.597218, "activity_lines": [ 43.226665, 44.447272, 44.624999, 43.92215 ] }, { "date": "2026-06-19", "close": 38.799999, "volume": 3770675, "typical_volume": 29438092.55, "trend": 42.911666, "fair_value": 29.329808, "relative_strength": -32.579815, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.823707, "energy": 26.921176, "activity_lines": [ 41.236666, 43.25909, 44.156428, 43.676128 ] }, { "date": "2026-06-26", "close": 40.700001, "volume": 20684684, "typical_volume": 28653784.05, "trend": 43.266666, "fair_value": 29.454808, "relative_strength": -26.056876, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.924904, "energy": 35.735744, "activity_lines": [ 40.533333, 42.574545, 43.864285, 43.53344 ] }, { "date": "2026-07-03", "close": 41.799999, "volume": 8382910, "typical_volume": 28367834.1, "trend": 43.316666, "fair_value": 29.586859, "relative_strength": -27.445332, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.388535, "energy": 36.869602, "activity_lines": [ 40.653333, 42.21909, 43.673571, 43.438817 ] }, { "date": "2026-07-10", "close": 39.5, "volume": 6177857, "typical_volume": 27843736.7, "trend": 43.201666, "fair_value": 29.705769, "relative_strength": -29.09217, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.648953, "energy": 40.321504, "activity_lines": [ 40.21, 41.520908, 43.248571, 43.19258 ] }, { "date": "2026-07-17", "close": 34.849998, "volume": 4521263, "typical_volume": 27034305.15, "trend": 42.773333, "fair_value": 29.797756, "relative_strength": -33.090199, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.20894, "energy": 55.682541, "activity_lines": [ 38.523333, 40.081817, 42.378094, 42.653763 ] }, { "date": "2026-07-24", "close": 38.299999, "volume": 9389726, "typical_volume": 24911327.65, "trend": 42.556666, "fair_value": 29.922436, "relative_strength": -27.727024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.66862, "energy": 47.802274, "activity_lines": [ 38.246666, 39.418181, 41.879523, 42.365161 ] }, { "date": "2026-07-31", "close": 34.599998, "volume": 13706996, "typical_volume": 24730116.35, "trend": 42.123333, "fair_value": 30.029807, "relative_strength": -33.285769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.084851, "energy": 60.080325, "activity_lines": [ 36.769999, 38.26909, 41.041428, 41.851827 ] }, { "date": "2026-08-07", "close": 38.299999, "volume": 12262071, "typical_volume": 23816394.2, "trend": 41.974999, "fair_value": 30.163141, "relative_strength": -27.513705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.172851, "energy": 50.429084, "activity_lines": [ 36.933332, 38.028181, 40.59738, 41.60516 ] }, { "date": "2026-08-14", "close": 36.900002, "volume": 8127452, "typical_volume": 17515424.2, "trend": 41.984999, "fair_value": 30.288141, "relative_strength": -32.104244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.623181, "energy": 38.177901, "activity_lines": [ 36.863333, 37.651818, 40.054285, 41.277741 ] } ], "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." } } }