{ "ticker": { "uuid": "739aca5b-d45f-40af-9049-2980456d2971", "symbol": "8210", "name": "Chenbro Micom Co., Ltd.", "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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 60.854, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -34.251, "architecture_energy": 50.79, "architecture_maturity": 13.33, "architecture_confidence": 76.451, "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": 26.85, "rotation_up": 15.3, "upward_expansion": 24.94, "deceleration": 50.46, "rotation_down": 67.94, "downward_expansion": 54.61 }, "activity_lines": [ 1016.666667, 1075.374134, 1171.138793, 1148.17494 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 944.0, "trend_reference": 1099.750279, "distance_from_trend": -0.141623, "trend_direction": "Improving", "fair_value": 513.220256, "distance_from_fair_value": 0.839366, "fair_value_direction": "Weakening", "relative_strength": -26.211184, "relative_strength_direction": "Weakening", "price_momentum": -0.021456, "excess_performance": -0.367188, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.141623, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.067615, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.839366, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.281251, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.262112, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.442295, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.021456, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.202544, "read": "Demand-led" } ], "volume": { "latest": 6476027, "relative_activity": 0.715575, "balance": 1.202544, "dry_up": 0.822858, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.176123, "annualized_volatility": 0.604894, "from_high_reference": -0.399949, "from_low_reference": 0.700679 }, "levels": { "trend_reference": 1099.750279, "fair_value_reference": 513.220256, "structural_low": 818.261862, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.067169, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.025174, "regime_survival": 0.25, "best_return": 0.121643, "worst_return": -0.055007, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.005736, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.121001, "regime_survival": 0.0, "best_return": 0.265403, "worst_return": -0.042151, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.102709, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.089524, "regime_survival": 0.0, "best_return": 0.278041, "worst_return": -0.135755, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.985618, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.928739, "regime_survival": 0.0, "best_return": 1.74436, "worst_return": 0.226875, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-10-04", "tenure": "Developing", "return": -0.066787, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-11", "end": "2024-10-18", "tenure": "New", "return": 0.114723, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2025-01-03", "tenure": "Developing", "return": -0.087179, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-02-28", "tenure": "Developing", "return": 0.11597, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": -0.031359, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.121094, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.269911, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": 0.025554, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "violet", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.037094, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2026-03-13", "tenure": "Extended", "return": 1.369366, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.118421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-03", "tenure": "Developing", "return": 0.09003, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-14", "tenure": "Developing", "return": -0.148936, "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": 220.353714, "volume": 79578700, "typical_volume": 37327364.35, "trend": 115.427767, "fair_value": 77.412214, "relative_strength": 119.898184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.469527, "energy": 63.057874, "activity_lines": [ 201.09671, 192.951838, 160.722836, 139.313739 ] }, { "date": "2023-08-25", "close": 217.000488, "volume": 67160249, "typical_volume": 40634234.85, "trend": 120.012081, "fair_value": 78.325624, "relative_strength": 109.707135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.305536, "energy": 57.024703, "activity_lines": [ 206.014746, 199.563812, 168.673989, 145.866818 ] }, { "date": "2023-09-01", "close": 207.419907, "volume": 42899762, "typical_volume": 42603644.95, "trend": 124.236623, "fair_value": 79.15596, "relative_strength": 94.021658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.118527, "energy": 53.447167, "activity_lines": [ 207.675385, 202.786377, 175.050696, 151.506032 ] }, { "date": "2023-09-08", "close": 209.336014, "volume": 29092449, "typical_volume": 43138919.95, "trend": 128.58411, "fair_value": 80.024571, "relative_strength": 92.26373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.79882, "energy": 52.76398, "activity_lines": [ 210.134402, 205.207654, 180.990838, 156.996315 ] }, { "date": "2023-09-15", "close": 215.084366, "volume": 41165567, "typical_volume": 44992269.55, "trend": 133.141864, "fair_value": 80.91216, "relative_strength": 89.193281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.383189, "energy": 49.877727, "activity_lines": [ 212.625353, 207.794413, 186.840939, 162.576977 ] }, { "date": "2023-09-22", "close": 204.545715, "volume": 26932053, "typical_volume": 46232272.2, "trend": 137.199087, "fair_value": 81.733818, "relative_strength": 82.426612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.068624, "energy": 42.925769, "activity_lines": [ 209.527626, 207.750863, 191.032697, 167.183677 ] }, { "date": "2023-09-29", "close": 208.37796, "volume": 22983006, "typical_volume": 46931378.5, "trend": 141.371616, "fair_value": 82.581126, "relative_strength": 81.833989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.451532, "energy": 39.757571, "activity_lines": [ 208.76118, 208.099249, 194.984509, 171.775863 ] }, { "date": "2023-10-06", "close": 220.353714, "volume": 46585487, "typical_volume": 48656681.85, "trend": 145.986865, "fair_value": 83.497078, "relative_strength": 86.182884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.266336, "energy": 41.795473, "activity_lines": [ 212.561487, 210.764398, 199.465249, 176.871482 ] }, { "date": "2023-10-13", "close": 217.958542, "volume": 19287579, "typical_volume": 48961673.35, "trend": 150.780338, "fair_value": 84.43125, "relative_strength": 77.51542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.232965, "energy": 41.048837, "activity_lines": [ 214.701149, 212.80245, 203.07721, 181.514816 ] }, { "date": "2023-10-20", "close": 169.576553, "volume": 35997114, "typical_volume": 47485646.55, "trend": 153.929987, "fair_value": 85.040119, "relative_strength": 38.859455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.183388, "energy": 19.751392, "activity_lines": [ 200.138647, 205.373135, 201.464095, 182.727475 ] }, { "date": "2023-10-27", "close": 182.031326, "volume": 31802262, "typical_volume": 47378205.3, "trend": 157.39841, "fair_value": 85.714747, "relative_strength": 49.322079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.722004, "energy": 12.457299, "activity_lines": [ 192.76159, 200.469613, 200.738217, 184.540464 ] }, { "date": "2023-11-03", "close": 197.83931, "volume": 29100275, "typical_volume": 45448408.0, "trend": 161.393765, "fair_value": 86.498831, "relative_strength": 55.739135, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.403981, "energy": 15.39764, "activity_lines": [ 192.154821, 199.137041, 201.208481, 187.149555 ] }, { "date": "2023-11-10", "close": 220.353714, "volume": 37858023, "typical_volume": 45406635.3, "trend": 166.158255, "fair_value": 87.426696, "relative_strength": 68.19165, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.394675, "energy": 19.897739, "activity_lines": [ 199.755429, 202.246381, 203.482733, 190.953422 ] }, { "date": "2023-11-17", "close": 219.87468, "volume": 37774614, "typical_volume": 43394579.75, "trend": 170.972071, "fair_value": 88.366112, "relative_strength": 59.548924, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.327878, "energy": 27.554153, "activity_lines": [ 207.196359, 205.033465, 205.348668, 194.418998 ] }, { "date": "2023-11-24", "close": 213.168259, "volume": 14540078, "typical_volume": 40545776.95, "trend": 175.490828, "fair_value": 89.256039, "relative_strength": 51.212045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.454587, "energy": 37.531785, "activity_lines": [ 212.274074, 206.409587, 206.295322, 197.141333 ] }, { "date": "2023-12-01", "close": 265.382507, "volume": 46158121, "typical_volume": 38631189.55, "trend": 181.75317, "fair_value": 90.490421, "relative_strength": 82.054766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.715752, "energy": 72.375203, "activity_lines": [ 231.850423, 217.314046, 212.036837, 202.940796 ] }, { "date": "2023-12-08", "close": 250.053528, "volume": 43791404, "typical_volume": 36955987.9, "trend": 187.423706, "fair_value": 91.630331, "relative_strength": 68.312646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.004217, "energy": 70.355815, "activity_lines": [ 240.760368, 224.325296, 215.948911, 207.347271 ] }, { "date": "2023-12-15", "close": 248.137436, "volume": 42386354, "typical_volume": 37307125.75, "trend": 192.834493, "fair_value": 92.752542, "relative_strength": 60.872642, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.927889, "energy": 70.378621, "activity_lines": [ 245.550667, 230.230427, 219.516543, 211.264286 ] }, { "date": "2023-12-22", "close": 249.095505, "volume": 18409718, "typical_volume": 37567277.85, "trend": 198.193267, "fair_value": 93.894975, "relative_strength": 58.927017, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.79378, "energy": 70.056421, "activity_lines": [ 248.808075, 235.804594, 222.992932, 214.894028 ] }, { "date": "2023-12-29", "close": 260.11319, "volume": 27449254, "typical_volume": 37047603.45, "trend": 203.303677, "fair_value": 95.105326, "relative_strength": 59.537227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.843335, "energy": 58.725853, "activity_lines": [ 253.789989, 242.81585, 227.194708, 218.888862 ] }, { "date": "2024-01-05", "close": 235.682663, "volume": 28915833, "typical_volume": 34514460.1, "trend": 207.257724, "fair_value": 96.177483, "relative_strength": 45.283933, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.849128, "energy": 41.121996, "activity_lines": [ 247.498733, 243.739072, 228.707074, 220.977829 ] }, { "date": "2024-01-12", "close": 261.071228, "volume": 41052451, "typical_volume": 33209070.2, "trend": 211.747136, "fair_value": 97.408055, "relative_strength": 57.695662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.456806, "energy": 42.146854, "activity_lines": [ 251.650321, 248.302917, 232.564404, 224.449668 ] }, { "date": "2024-01-19", "close": 296.998444, "volume": 47906284, "typical_volume": 33459396.3, "trend": 216.840819, "fair_value": 98.867847, "relative_strength": 73.534867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.191854, "energy": 57.877887, "activity_lines": [ 267.043134, 258.249312, 239.633512, 229.949752 ] }, { "date": "2024-01-26", "close": 274.48407, "volume": 44967998, "typical_volume": 34253173.75, "trend": 220.625155, "fair_value": 100.172485, "relative_strength": 54.53643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.901477, "energy": 50.530547, "activity_lines": [ 271.673755, 262.708644, 244.13183, 233.668672 ] }, { "date": "2024-02-02", "close": 274.005066, "volume": 34570345, "typical_volume": 33923412.65, "trend": 223.898526, "fair_value": 101.475678, "relative_strength": 50.774536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.661168, "energy": 64.096092, "activity_lines": [ 274.452137, 266.087986, 248.274299, 237.112537 ] }, { "date": "2024-02-09", "close": 258.676056, "volume": 13644208, "typical_volume": 33259020.4, "trend": 226.261738, "fair_value": 102.71039, "relative_strength": 39.592474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.260848, "energy": 53.713454, "activity_lines": [ 271.194725, 265.574112, 250.676289, 239.356249 ] }, { "date": "2024-02-16", "close": 268.735718, "volume": 20596033, "typical_volume": 33139671.75, "trend": 228.018181, "fair_value": 104.009047, "relative_strength": 38.595417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.481427, "energy": 36.647236, "activity_lines": [ 269.75764, 267.011203, 253.778577, 242.096505 ] }, { "date": "2024-02-23", "close": 258.676056, "volume": 25152286, "typical_volume": 32068011.7, "trend": 229.646881, "fair_value": 105.244843, "relative_strength": 29.421329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.188437, "energy": 25.358827, "activity_lines": [ 264.456368, 266.279588, 255.635385, 244.074433 ] }, { "date": "2024-03-01", "close": 258.197052, "volume": 12668973, "typical_volume": 31737081.4, "trend": 232.217674, "fair_value": 106.443453, "relative_strength": 26.946765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.198201, "energy": 20.29791, "activity_lines": [ 261.550254, 265.269271, 257.264086, 245.916379 ] }, { "date": "2024-03-08", "close": 247.179367, "volume": 32907330, "typical_volume": 31582592.2, "trend": 234.325405, "fair_value": 107.57631, "relative_strength": 14.828402, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.07032, "energy": 17.370375, "activity_lines": [ 256.05738, 262.090255, 257.651871, 246.88165 ] }, { "date": "2024-03-15", "close": 229.455276, "volume": 17213563, "typical_volume": 30853157.25, "trend": 234.62879, "fair_value": 108.605299, "relative_strength": 5.867892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.805112, "energy": 11.770991, "activity_lines": [ 246.444856, 255.923837, 255.982111, 246.567448 ] }, { "date": "2024-03-22", "close": 257.239014, "volume": 27456461, "typical_volume": 30770966.55, "trend": 235.970075, "fair_value": 109.793435, "relative_strength": 13.892879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.867122, "energy": 14.259538, "activity_lines": [ 248.041629, 254.922234, 256.732593, 248.026172 ] }, { "date": "2024-03-29", "close": 246.221313, "volume": 10886454, "typical_volume": 29422388.1, "trend": 237.263455, "fair_value": 110.913112, "relative_strength": 7.32584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.832776, "energy": 13.865742, "activity_lines": [ 246.732282, 251.987088, 256.150914, 248.687542 ] }, { "date": "2024-04-05", "close": 257.239014, "volume": 8559795, "typical_volume": 27961647.15, "trend": 238.860221, "fair_value": 112.099082, "relative_strength": 10.439205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.286705, "energy": 11.354185, "activity_lines": [ 249.925819, 251.978382, 256.495361, 249.976288 ] }, { "date": "2024-04-12", "close": 253.406784, "volume": 33399371, "typical_volume": 28904611.8, "trend": 240.137635, "fair_value": 113.267526, "relative_strength": 5.398165, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.529947, "energy": 12.698236, "activity_lines": [ 251.905815, 251.586453, 256.296908, 250.914776 ] }, { "date": "2024-04-19", "close": 262.029297, "volume": 23861262, "typical_volume": 27789768.85, "trend": 242.053755, "fair_value": 114.462001, "relative_strength": 14.110282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.935306, "energy": 16.88979, "activity_lines": [ 256.34482, 253.136768, 256.728035, 252.327141 ] }, { "date": "2024-04-26", "close": 276.400177, "volume": 49093896, "typical_volume": 28054893.45, "trend": 244.321162, "fair_value": 115.75293, "relative_strength": 15.169618, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.72136, "energy": 28.221739, "activity_lines": [ 263.402518, 257.239002, 258.543785, 254.543039 ] }, { "date": "2024-05-03", "close": 268.256683, "volume": 21106780, "typical_volume": 26990914.75, "trend": 245.917928, "fair_value": 117.001403, "relative_strength": 9.173472, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.398191, "energy": 35.740084, "activity_lines": [ 266.468306, 259.721247, 259.458503, 256.087267 ] }, { "date": "2024-05-10", "close": 275.442108, "volume": 19619152, "typical_volume": 27051386.45, "trend": 247.834046, "fair_value": 118.300811, "relative_strength": 8.640978, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.422143, "energy": 45.894229, "activity_lines": [ 270.460212, 263.33574, 260.961742, 257.992052 ] }, { "date": "2024-05-17", "close": 290.292053, "volume": 39586388, "typical_volume": 27658243.15, "trend": 251.857896, "fair_value": 119.711656, "relative_strength": 10.093847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.010987, "energy": 58.639723, "activity_lines": [ 278.18856, 269.336676, 263.753802, 260.731279 ] }, { "date": "2024-05-24", "close": 296.998444, "volume": 27202892, "typical_volume": 27572596.1, "trend": 255.690134, "fair_value": 121.198524, "relative_strength": 9.60358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.789158, "energy": 62.100307, "activity_lines": [ 285.693353, 275.77309, 267.040856, 263.643572 ] }, { "date": "2024-05-31", "close": 292.20816, "volume": 37934506, "typical_volume": 27416698.85, "trend": 258.835762, "fair_value": 122.658475, "relative_strength": 8.59651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.607039, "energy": 58.499475, "activity_lines": [ 289.270109, 280.110484, 269.579713, 265.999574 ] }, { "date": "2024-06-07", "close": 296.998444, "volume": 17459686, "typical_volume": 25894368.95, "trend": 261.390586, "fair_value": 124.136137, "relative_strength": 5.855918, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.332821, "energy": 60.3661, "activity_lines": [ 293.38976, 284.683037, 272.426517, 268.461682 ] }, { "date": "2024-06-14", "close": 291.250122, "volume": 11429040, "typical_volume": 24217421.05, "trend": 263.769768, "fair_value": 125.591204, "relative_strength": -0.017801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.005191, "energy": 50.411503, "activity_lines": [ 293.677187, 287.28722, 274.725861, 270.388104 ] }, { "date": "2024-06-21", "close": 279.274384, "volume": 13460682, "typical_volume": 23161937.9, "trend": 265.973305, "fair_value": 126.967222, "relative_strength": -7.71305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.238502, "energy": 33.787439, "activity_lines": [ 288.918834, 287.095612, 275.804821, 271.388402 ] }, { "date": "2024-06-28", "close": 293.399872, "volume": 15229267, "typical_volume": 23241190.85, "trend": 266.907217, "fair_value": 128.431505, "relative_strength": -2.57841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.673145, "energy": 32.648574, "activity_lines": [ 289.603487, 289.001955, 278.203973, 273.157858 ] }, { "date": "2024-07-05", "close": 294.374603, "volume": 9402558, "typical_volume": 22681517.1, "trend": 268.384587, "fair_value": 129.885492, "relative_strength": -4.703279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.451043, "energy": 30.32642, "activity_lines": [ 290.852956, 290.515147, 280.530605, 274.929947 ] }, { "date": "2024-07-12", "close": 280.728119, "volume": 11354951, "typical_volume": 21991650.35, "trend": 269.470943, "fair_value": 131.260559, "relative_strength": -10.604674, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.815425, "energy": 20.877443, "activity_lines": [ 287.409168, 289.220353, 281.435481, 275.726304 ] }, { "date": "2024-07-19", "close": 282.677612, "volume": 28004815, "typical_volume": 22758442.45, "trend": 270.590346, "fair_value": 132.629295, "relative_strength": -5.815306, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.147352, "energy": 19.579922, "activity_lines": [ 285.699898, 288.053259, 282.421015, 276.578347 ] }, { "date": "2024-07-26", "close": 266.594238, "volume": 8733945, "typical_volume": 21549773.2, "trend": 270.806381, "fair_value": 133.911478, "relative_strength": -8.151237, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.159823, "energy": 12.385373, "activity_lines": [ 279.201005, 283.83036, 281.758224, 276.320534 ] }, { "date": "2024-08-02", "close": 270.005859, "volume": 14869609, "typical_volume": 21432575.5, "trend": 271.950488, "fair_value": 135.221806, "relative_strength": -5.14767, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.256537, "energy": 12.673591, "activity_lines": [ 274.684662, 280.658625, 281.327897, 276.268887 ] }, { "date": "2024-08-09", "close": 281.215485, "volume": 20926971, "typical_volume": 21106101.0, "trend": 272.621963, "fair_value": 136.598856, "relative_strength": -0.724591, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.199082, "energy": 11.709111, "activity_lines": [ 275.464461, 280.015779, 281.772056, 276.866629 ] }, { "date": "2024-08-16", "close": 297.786224, "volume": 16108786, "typical_volume": 21367217.6, "trend": 272.648222, "fair_value": 138.076424, "relative_strength": 1.003167, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.159104, "energy": 15.976801, "activity_lines": [ 282.645115, 282.585661, 283.680207, 278.49013 ] }, { "date": "2024-08-23", "close": 298.273621, "volume": 13784487, "typical_volume": 21628452.2, "trend": 273.441207, "fair_value": 139.576513, "relative_strength": 1.997963, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.819998, "energy": 21.473452, "activity_lines": [ 288.851027, 285.229837, 285.38923, 280.143381 ] }, { "date": "2024-08-30", "close": 285.114471, "volume": 8724111, "typical_volume": 20394689.2, "trend": 273.811521, "fair_value": 141.012788, "relative_strength": -3.032109, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.623464, "energy": 25.213677, "activity_lines": [ 289.630823, 285.35374, 285.649597, 280.896495 ] }, { "date": "2024-09-06", "close": 260.258362, "volume": 8088593, "typical_volume": 19606055.75, "trend": 273.864264, "fair_value": 142.275466, "relative_strength": -7.981046, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.005013, "energy": 8.377822, "activity_lines": [ 280.890566, 280.852168, 283.391727, 280.022098 ] }, { "date": "2024-09-13", "close": 273.904877, "volume": 9089776, "typical_volume": 17605849.75, "trend": 274.03657, "fair_value": 143.618775, "relative_strength": -4.582969, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.115249, "energy": 8.237955, "activity_lines": [ 277.348981, 279.434353, 282.441958, 280.024718 ] }, { "date": "2024-09-20", "close": 274.392242, "volume": 2738663, "typical_volume": 16687443.9, "trend": 274.560443, "fair_value": 144.95551, "relative_strength": -6.119568, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.496069, "energy": 11.722478, "activity_lines": [ 274.457224, 278.477326, 281.550487, 280.047664 ] }, { "date": "2024-09-27", "close": 268.056366, "volume": 5161947, "typical_volume": 15964583.65, "trend": 274.889086, "fair_value": 146.247065, "relative_strength": -10.823448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.278124, "energy": 18.309709, "activity_lines": [ 271.013108, 276.48352, 280.026382, 279.628046 ] }, { "date": "2024-10-04", "close": 251.972977, "volume": 5213122, "typical_volume": 14245920.35, "trend": 275.048873, "fair_value": 147.436093, "relative_strength": -13.962991, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.009323, "energy": 40.930199, "activity_lines": [ 264.222346, 271.831303, 277.005697, 278.149588 ] }, { "date": "2024-10-11", "close": 254.897217, "volume": 4005994, "typical_volume": 13086075.45, "trend": 275.896938, "fair_value": 148.650141, "relative_strength": -15.009525, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.674768, "energy": 43.33457, "activity_lines": [ 260.615763, 267.976606, 274.445982, 276.849481 ] }, { "date": "2024-10-18", "close": 284.13974, "volume": 18892089, "typical_volume": 12133954.6, "trend": 276.793629, "fair_value": 150.039661, "relative_strength": -7.862705, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.695167, "energy": 22.0636, "activity_lines": [ 267.114098, 269.713434, 274.871751, 277.381275 ] }, { "date": "2024-10-25", "close": 285.114471, "volume": 10845503, "typical_volume": 11803245.45, "trend": 278.090068, "fair_value": 151.441704, "relative_strength": -7.123347, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.171636, "energy": 14.404072, "activity_lines": [ 273.255019, 271.574318, 275.428773, 277.918103 ] }, { "date": "2024-11-01", "close": 279.753357, "volume": 3568738, "typical_volume": 11410230.35, "trend": 278.840546, "fair_value": 152.795118, "relative_strength": -6.636426, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.903483, "energy": 14.555806, "activity_lines": [ 276.894087, 272.69085, 275.531803, 278.025412 ] }, { "date": "2024-11-08", "close": 282.677612, "volume": 5719077, "typical_volume": 11023150.1, "trend": 279.81624, "fair_value": 154.178118, "relative_strength": -8.59849, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.773014, "energy": 14.099243, "activity_lines": [ 280.728107, 274.675796, 275.96808, 278.272965 ] }, { "date": "2024-11-15", "close": 289.500854, "volume": 20936493, "typical_volume": 11308511.4, "trend": 280.731958, "fair_value": 155.590022, "relative_strength": -3.046997, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.219758, "energy": 20.82288, "activity_lines": [ 284.789565, 277.945638, 277.037983, 278.897779 ] }, { "date": "2024-11-22", "close": 290.475616, "volume": 5811788, "typical_volume": 11128972.9, "trend": 281.20114, "fair_value": 157.021868, "relative_strength": -3.456369, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.595522, "energy": 29.031123, "activity_lines": [ 286.869034, 280.861028, 278.219288, 279.526402 ] }, { "date": "2024-11-29", "close": 281.70285, "volume": 5953996, "typical_volume": 10858925.15, "trend": 281.649345, "fair_value": 158.390061, "relative_strength": -3.309836, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.520714, "energy": 20.947812, "activity_lines": [ 285.601857, 281.880083, 278.583658, 279.55877 ] }, { "date": "2024-12-06", "close": 303.634735, "volume": 7733230, "typical_volume": 9845345.9, "trend": 282.5891, "fair_value": 159.909113, "relative_strength": 0.22595, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.912997, "energy": 39.21356, "activity_lines": [ 291.87275, 286.753834, 281.032137, 280.977182 ] }, { "date": "2024-12-13", "close": 275.366974, "volume": 7885284, "typical_volume": 9802912.85, "trend": 282.091597, "fair_value": 161.250954, "relative_strength": -8.141604, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.680115, "energy": 13.670877, "activity_lines": [ 287.128963, 285.841113, 280.688653, 280.511239 ] }, { "date": "2024-12-20", "close": 263.182587, "volume": 5064103, "typical_volume": 9312637.55, "trend": 280.964402, "fair_value": 162.520396, "relative_strength": -9.888226, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.813444, "energy": 11.968132, "activity_lines": [ 278.81109, 282.287702, 279.142976, 279.291303 ] }, { "date": "2024-12-27", "close": 262.207855, "volume": 2477338, "typical_volume": 8390155.9, "trend": 279.964392, "fair_value": 163.78359, "relative_strength": -12.755227, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.969873, "energy": 25.582213, "activity_lines": [ 271.922858, 278.406425, 277.536959, 278.081203 ] }, { "date": "2025-01-03", "close": 260.258362, "volume": 2598026, "typical_volume": 7714617.9, "trend": 278.739722, "fair_value": 165.020594, "relative_strength": -11.740159, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.609414, "energy": 40.849275, "activity_lines": [ 266.269312, 274.569456, 275.835789, 276.809846 ] }, { "date": "2025-01-10", "close": 256.359344, "volume": 4768555, "typical_volume": 7263821.3, "trend": 277.576696, "fair_value": 166.218912, "relative_strength": -12.963806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.897872, "energy": 58.727146, "activity_lines": [ 260.745725, 270.475504, 273.941987, 275.365951 ] }, { "date": "2025-01-17", "close": 239.788605, "volume": 7190692, "typical_volume": 7187150.35, "trend": 276.260504, "fair_value": 167.312719, "relative_strength": -18.278293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.02908, "energy": 74.115897, "activity_lines": [ 252.850252, 263.794036, 270.669612, 272.928009 ] }, { "date": "2025-01-24", "close": 258.308838, "volume": 3118406, "typical_volume": 6938641.0, "trend": 275.090802, "fair_value": 168.526386, "relative_strength": -12.813208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.539717, "energy": 63.671759, "activity_lines": [ 253.500081, 261.259684, 269.376906, 271.769837 ] }, { "date": "2025-02-07", "close": 256.846741, "volume": 8751165, "typical_volume": 6921710.45, "trend": 273.839874, "fair_value": 169.72954, "relative_strength": -12.567593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.483986, "energy": 52.659662, "activity_lines": [ 253.987461, 259.026622, 267.954237, 270.592801 ] }, { "date": "2025-02-14", "close": 273.41748, "volume": 17298427, "typical_volume": 7649698.65, "trend": 273.596186, "fair_value": 171.007537, "relative_strength": -5.255754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.837777, "energy": 27.445947, "activity_lines": [ 260.355829, 260.417857, 268.190962, 270.56555 ] }, { "date": "2025-02-21", "close": 293.887238, "volume": 16573686, "typical_volume": 8220285.6, "trend": 273.96984, "fair_value": 172.37282, "relative_strength": -0.325033, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.293135, "energy": 11.774605, "activity_lines": [ 272.670174, 265.681509, 270.381829, 271.87465 ] }, { "date": "2025-02-28", "close": 286.089233, "volume": 5059392, "typical_volume": 8212599.1, "trend": 274.619673, "fair_value": 173.711508, "relative_strength": 0.078917, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 8.823025, "energy": 19.74587, "activity_lines": [ 279.883325, 269.704569, 271.707025, 272.656546 ] }, { "date": "2025-03-07", "close": 279.753357, "volume": 4574278, "typical_volume": 8241013.3, "trend": 274.94459, "fair_value": 175.045524, "relative_strength": 0.123807, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.151949, "energy": 24.614134, "activity_lines": [ 281.897809, 272.380702, 272.266346, 272.987752 ] }, { "date": "2025-03-14", "close": 281.215485, "volume": 6313416, "typical_volume": 7612079.65, "trend": 274.94459, "fair_value": 176.391766, "relative_strength": 3.383273, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.013122, "energy": 25.583503, "activity_lines": [ 282.970034, 275.021389, 272.846555, 273.392326 ] }, { "date": "2025-03-21", "close": 284.13974, "volume": 3778756, "typical_volume": 7258742.3, "trend": 274.489707, "fair_value": 177.780144, "relative_strength": 3.14259, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.388502, "energy": 28.589725, "activity_lines": [ 283.392428, 277.848166, 273.71919, 273.985561 ] }, { "date": "2025-03-28", "close": 270.980591, "volume": 2841097, "typical_volume": 7222360.25, "trend": 273.579939, "fair_value": 179.095009, "relative_strength": 1.153244, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.855375, "energy": 11.516736, "activity_lines": [ 278.713621, 277.848163, 273.343213, 273.759167 ] }, { "date": "2025-04-04", "close": 249.536102, "volume": 2904440, "typical_volume": 7081628.4, "trend": 272.393994, "fair_value": 180.282108, "relative_strength": -5.458186, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.914345, "energy": 18.278073, "activity_lines": [ 268.413761, 273.683321, 270.96668, 272.207951 ] }, { "date": "2025-04-11", "close": 219.318832, "volume": 3953288, "typical_volume": 6232468.15, "trend": 271.029343, "fair_value": 181.284635, "relative_strength": -9.177903, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.530873, "energy": 57.07931, "activity_lines": [ 250.478354, 263.847203, 265.870127, 268.783747 ] }, { "date": "2025-04-18", "close": 220.293594, "volume": 4559806, "typical_volume": 6169869.05, "trend": 269.2423, "fair_value": 182.29227, "relative_strength": -8.021879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.543145, "energy": 73.990123, "activity_lines": [ 236.896835, 254.897224, 261.20061, 265.510473 ] }, { "date": "2025-04-25", "close": 236.376968, "volume": 6325024, "typical_volume": 6188420.45, "trend": 267.975124, "fair_value": 183.405855, "relative_strength": -3.449885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.798984, "energy": 72.267707, "activity_lines": [ 232.7379, 249.536097, 258.397042, 263.390129 ] }, { "date": "2025-05-02", "close": 252.947739, "volume": 4334588, "typical_volume": 6018488.35, "trend": 267.471503, "fair_value": 184.622811, "relative_strength": -0.986184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.252042, "energy": 66.977951, "activity_lines": [ 237.286741, 247.861302, 257.387481, 262.420621 ] }, { "date": "2025-05-09", "close": 279.753357, "volume": 7307629, "typical_volume": 5989605.6, "trend": 268.397516, "fair_value": 186.031567, "relative_strength": 8.808788, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.657376, "energy": 18.954449, "activity_lines": [ 251.972978, 251.80461, 259.172202, 263.212998 ] }, { "date": "2025-05-16", "close": 286.089233, "volume": 11980268, "typical_volume": 6335413.85, "trend": 269.43725, "fair_value": 187.483219, "relative_strength": 6.57644, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.763767, "energy": 14.848601, "activity_lines": [ 266.756689, 257.015093, 261.539453, 264.354399 ] }, { "date": "2025-05-23", "close": 293.399872, "volume": 9659169, "typical_volume": 6694505.4, "trend": 269.745921, "fair_value": 188.993144, "relative_strength": 10.284379, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.203887, "energy": 29.777071, "activity_lines": [ 279.525921, 263.439585, 264.493876, 265.900375 ] }, { "date": "2025-05-30", "close": 315.331757, "volume": 12770595, "typical_volume": 7203133.85, "trend": 270.753164, "fair_value": 190.621979, "relative_strength": 20.033596, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.990734, "energy": 46.901214, "activity_lines": [ 294.732028, 273.630159, 269.388516, 268.841397 ] }, { "date": "2025-06-06", "close": 327.028748, "volume": 10492764, "typical_volume": 7489344.3, "trend": 272.32901, "fair_value": 192.3315, "relative_strength": 22.436961, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.57365, "energy": 80.629524, "activity_lines": [ 308.57348, 285.38033, 275.134901, 272.47208 ] }, { "date": "2025-06-13", "close": 373.329376, "volume": 18774183, "typical_volume": 8068518.85, "trend": 275.350735, "fair_value": 194.32755, "relative_strength": 36.453037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.494088, "energy": 90.301332, "activity_lines": [ 332.909741, 304.52974, 284.954348, 278.988232 ] }, { "date": "2025-06-20", "close": 462.031677, "volume": 40004113, "typical_volume": 9912804.2, "trend": 281.101763, "fair_value": 196.882505, "relative_strength": 67.005393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.240157, "energy": 97.909145, "activity_lines": [ 380.575035, 337.556055, 302.585726, 291.032164 ] }, { "date": "2025-06-27", "close": 478.391327, "volume": 24653154, "typical_volume": 10707903.65, "trend": 287.36562, "fair_value": 199.566863, "relative_strength": 66.485601, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.942853, "energy": 97.389121, "activity_lines": [ 421.964048, 369.14389, 320.805056, 303.760523 ] }, { "date": "2025-07-04", "close": 482.34906, "volume": 11505695, "typical_volume": 10418267.05, "trend": 294.053827, "fair_value": 202.275576, "relative_strength": 65.935452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.100885, "energy": 94.924158, "activity_lines": [ 452.339543, 396.758627, 338.34634, 316.3401 ] }, { "date": "2025-07-11", "close": 521.431702, "volume": 23611454, "typical_volume": 10770155.45, "trend": 301.313726, "fair_value": 205.255746, "relative_strength": 75.054183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.964627, "energy": 96.020887, "activity_lines": [ 484.608097, 427.00708, 358.614867, 331.00964 ] }, { "date": "2025-07-18", "close": 536.273193, "volume": 9550633, "typical_volume": 10994717.5, "trend": 310.0106, "fair_value": 208.30594, "relative_strength": 72.335709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.843973, "energy": 94.489094, "activity_lines": [ 508.863619, 455.072458, 379.213325, 346.168315 ] }, { "date": "2025-07-25", "close": 524.399963, "volume": 3061424, "typical_volume": 10919074.8, "trend": 318.717846, "fair_value": 211.260891, "relative_strength": 66.23307, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.480204, "energy": 89.865994, "activity_lines": [ 518.298476, 476.315071, 397.489646, 359.999887 ] }, { "date": "2025-08-01", "close": 519.452828, "volume": 3317766, "typical_volume": 10769292.3, "trend": 327.292678, "fair_value": 214.18114, "relative_strength": 61.841647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.313339, "energy": 73.902871, "activity_lines": [ 521.926402, 492.325282, 414.129828, 372.950531 ] }, { "date": "2025-08-08", "close": 576.839966, "volume": 20831035, "typical_volume": 11621906.25, "trend": 337.845398, "fair_value": 217.465668, "relative_strength": 72.53587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.09477, "energy": 73.109002, "activity_lines": [ 541.945941, 514.659464, 435.100989, 389.050356 ] }, { "date": "2025-08-15", "close": 597.618103, "volume": 18402711, "typical_volume": 12399986.95, "trend": 349.22069, "fair_value": 220.872028, "relative_strength": 73.699554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.313478, "energy": 72.440435, "activity_lines": [ 562.592132, 536.016795, 456.657209, 405.809885 ] }, { "date": "2025-08-22", "close": 590.692078, "volume": 13402209, "typical_volume": 12924875.4, "trend": 360.917473, "fair_value": 224.207085, "relative_strength": 73.08954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.474638, "energy": 69.097857, "activity_lines": [ 575.850555, 551.195042, 475.99839, 421.388685 ] }, { "date": "2025-08-29", "close": 602.565247, "volume": 9693962, "typical_volume": 13211909.1, "trend": 372.392686, "fair_value": 227.597324, "relative_strength": 70.549511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.706299, "energy": 69.018498, "activity_lines": [ 589.438774, 564.579998, 494.845798, 436.978864 ] }, { "date": "2025-09-05", "close": 599.596985, "volume": 8752526, "typical_volume": 13421545.1, "trend": 383.817694, "fair_value": 230.955381, "relative_strength": 65.351374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.386334, "energy": 66.175282, "activity_lines": [ 596.826555, 574.870114, 511.585531, 451.637206 ] }, { "date": "2025-09-12", "close": 608.501892, "volume": 17136426, "typical_volume": 13962115.2, "trend": 394.987175, "fair_value": 234.381284, "relative_strength": 58.926491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.692538, "energy": 65.667174, "activity_lines": [ 601.839693, 584.575564, 527.367143, 466.13296 ] }, { "date": "2025-09-19", "close": 587.723755, "volume": 6224909, "typical_volume": 14056631.25, "trend": 404.781725, "fair_value": 237.690137, "relative_strength": 50.871624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.087794, "energy": 63.39448, "activity_lines": [ 597.815991, 588.209484, 539.397862, 478.567578 ] }, { "date": "2025-09-26", "close": 570.903381, "volume": 5641808, "typical_volume": 13973340.2, "trend": 414.27553, "fair_value": 240.868447, "relative_strength": 44.726891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.816791, "energy": 57.398681, "activity_lines": [ 588.845121, 587.579844, 548.23247, 489.285104 ] }, { "date": "2025-10-03", "close": 619.38562, "volume": 8572708, "typical_volume": 13802962.2, "trend": 425.596606, "fair_value": 244.379065, "relative_strength": 47.985699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.271503, "energy": 57.83374, "activity_lines": [ 597.354244, 595.135517, 560.298004, 502.518013 ] }, { "date": "2025-10-10", "close": 618.39624, "volume": 8064411, "typical_volume": 13723224.3, "trend": 436.835964, "fair_value": 247.895898, "relative_strength": 42.828642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.763878, "energy": 54.050722, "activity_lines": [ 604.412215, 600.784291, 570.682186, 514.9567 ] }, { "date": "2025-10-17", "close": 699.529785, "volume": 19701635, "typical_volume": 14069776.3, "trend": 450.682299, "fair_value": 251.934013, "relative_strength": 58.774905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.751831, "energy": 63.303537, "activity_lines": [ 637.261417, 619.385647, 587.245771, 531.904688 ] }, { "date": "2025-10-24", "close": 763.843018, "volume": 15111844, "typical_volume": 14300730.3, "trend": 467.111047, "fair_value": 256.451957, "relative_strength": 68.777735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.479863, "energy": 75.512524, "activity_lines": [ 685.479838, 647.449594, 608.104911, 552.108605 ] }, { "date": "2025-10-31", "close": 917.205261, "volume": 20349477, "typical_volume": 14379495.0, "trend": 489.366685, "fair_value": 261.949406, "relative_strength": 93.052659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.494264, "energy": 95.681243, "activity_lines": [ 773.077722, 700.375314, 641.489911, 581.146942 ] }, { "date": "2025-11-07", "close": 999.328308, "volume": 15040046, "typical_volume": 13131291.65, "trend": 515.367001, "fair_value": 267.969099, "relative_strength": 109.064057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.097581, "energy": 98.727878, "activity_lines": [ 864.963163, 762.295894, 680.106269, 614.047692 ] }, { "date": "2025-11-14", "close": 982.507935, "volume": 11576944, "typical_volume": 12477481.15, "trend": 540.774146, "fair_value": 273.849877, "relative_strength": 102.086057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.897339, "energy": 94.884583, "activity_lines": [ 925.912301, 813.94435, 714.562131, 644.185816 ] }, { "date": "2025-11-21", "close": 884.553955, "volume": 7664911, "typical_volume": 12285441.95, "trend": 562.380045, "fair_value": 279.095569, "relative_strength": 84.419888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.427255, "energy": 88.17578, "activity_lines": [ 929.935999, 840.820975, 737.288487, 666.365159 ] }, { "date": "2025-11-28", "close": 952.82489, "volume": 10593816, "typical_volume": 11634560.05, "trend": 585.709284, "fair_value": 284.765742, "relative_strength": 85.791367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.356517, "energy": 75.889187, "activity_lines": [ 944.38173, 875.091369, 764.601575, 691.555149 ] }, { "date": "2025-12-05", "close": 881.585632, "volume": 8199011, "typical_volume": 11566978.95, "trend": 605.77036, "fair_value": 289.98284, "relative_strength": 66.471812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.299874, "energy": 64.250217, "activity_lines": [ 922.482251, 889.770967, 783.075719, 710.643946 ] }, { "date": "2025-12-12", "close": 905.332031, "volume": 10557484, "typical_volume": 11941781.95, "trend": 626.411786, "fair_value": 295.338407, "relative_strength": 66.424072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.746154, "energy": 56.541261, "activity_lines": [ 910.87288, 903.119325, 802.16708, 729.970505 ] }, { "date": "2025-12-19", "close": 933.036194, "volume": 10488994, "typical_volume": 12300343.35, "trend": 647.732997, "fair_value": 300.88412, "relative_strength": 70.921818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.085091, "energy": 51.024589, "activity_lines": [ 914.764648, 916.305777, 822.082971, 749.752725 ] }, { "date": "2025-12-26", "close": 962.719238, "volume": 8055272, "typical_volume": 11661555.2, "trend": 669.31258, "fair_value": 306.608152, "relative_strength": 67.45219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.508755, "energy": 52.659678, "activity_lines": [ 931.848881, 929.16842, 842.856373, 770.074418 ] }, { "date": "2026-01-02", "close": 943.919983, "volume": 7368412, "typical_volume": 11109840.25, "trend": 689.875621, "fair_value": 312.215262, "relative_strength": 56.615932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.621861, "energy": 50.172968, "activity_lines": [ 937.455676, 933.827754, 860.00185, 787.791025 ] }, { "date": "2026-01-09", "close": 900.384888, "volume": 13526918, "typical_volume": 11116075.7, "trend": 707.444138, "fair_value": 317.554064, "relative_strength": 42.312769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.620707, "energy": 43.934703, "activity_lines": [ 929.144434, 927.29749, 871.35207, 801.372268 ] }, { "date": "2026-01-16", "close": 918.194702, "volume": 10569111, "typical_volume": 11159833.15, "trend": 722.649572, "fair_value": 322.993878, "relative_strength": 37.660732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.699749, "energy": 39.909892, "activity_lines": [ 925.516512, 924.311198, 882.923736, 814.969078 ] }, { "date": "2026-01-23", "close": 958.761475, "volume": 9226738, "typical_volume": 11183543.75, "trend": 738.66191, "fair_value": 328.660849, "relative_strength": 38.788316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.431275, "energy": 39.521004, "activity_lines": [ 934.553337, 930.17584, 896.855906, 830.202104 ] }, { "date": "2026-01-30", "close": 895.437744, "volume": 11109322, "typical_volume": 10882188.55, "trend": 752.431533, "fair_value": 333.891405, "relative_strength": 27.289075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.360778, "energy": 28.618725, "activity_lines": [ 920.767232, 924.95883, 903.046938, 840.316674 ] }, { "date": "2026-02-06", "close": 966.676941, "volume": 17945537, "typical_volume": 11468219.95, "trend": 767.273041, "fair_value": 339.570849, "relative_strength": 36.303344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.228151, "energy": 35.807956, "activity_lines": [ 935.21296, 932.496514, 914.656294, 854.138958 ] }, { "date": "2026-02-13", "close": 964.69812, "volume": 9832108, "typical_volume": 11677734.95, "trend": 781.553872, "fair_value": 345.248969, "relative_strength": 26.799818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.012229, "energy": 37.169196, "activity_lines": [ 947.48195, 939.422558, 924.272652, 866.87606 ] }, { "date": "2026-02-27", "close": 908.300354, "volume": 20909973, "typical_volume": 12294598.2, "trend": 794.350552, "fair_value": 350.569152, "relative_strength": 12.027132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.199285, "energy": 29.251358, "activity_lines": [ 936.664136, 934.583325, 926.642582, 875.053253 ] }, { "date": "2026-03-06", "close": 929.078491, "volume": 11835276, "typical_volume": 12483141.45, "trend": 808.00474, "fair_value": 355.993828, "relative_strength": 19.252901, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.483885, "energy": 25.804289, "activity_lines": [ 933.43199, 933.467967, 929.615596, 883.745378 ] }, { "date": "2026-03-13", "close": 884.553955, "volume": 14302284, "typical_volume": 12213173.9, "trend": 818.261873, "fair_value": 361.130699, "relative_strength": 12.895667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.595601, "energy": 12.901334, "activity_lines": [ 917.337199, 924.329196, 926.86874, 888.684037 ] }, { "date": "2026-03-20", "close": 902.36377, "volume": 12667476, "typical_volume": 12090955.5, "trend": 828.420062, "fair_value": 366.390106, "relative_strength": 13.365467, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.955103, "energy": 12.194964, "activity_lines": [ 907.904598, 919.84976, 924.936989, 894.109966 ] }, { "date": "2026-03-27", "close": 899.395447, "volume": 11796907, "typical_volume": 11663327.0, "trend": 838.710175, "fair_value": 371.680113, "relative_strength": 13.14679, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.244037, "energy": 10.934192, "activity_lines": [ 901.770101, 915.586197, 922.062918, 898.689023 ] }, { "date": "2026-04-03", "close": 832.113953, "volume": 13062191, "typical_volume": 11564434.25, "trend": 846.361798, "fair_value": 376.53285, "relative_strength": 5.321477, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.168374, "energy": 12.034465, "activity_lines": [ 877.561951, 899.107625, 912.865894, 898.26346 ] }, { "date": "2026-04-10", "close": 880.596191, "volume": 11077525, "typical_volume": 11539463.3, "trend": 855.728438, "fair_value": 381.677834, "relative_strength": 1.446218, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.138115, "energy": 12.724244, "activity_lines": [ 874.59364, 893.00911, 909.082485, 900.472131 ] }, { "date": "2026-04-17", "close": 1009.222595, "volume": 19079801, "typical_volume": 12110207.8, "trend": 869.085795, "fair_value": 387.647346, "relative_strength": 10.480681, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.773486, "energy": 17.621997, "activity_lines": [ 917.732951, 911.7184, 918.034504, 910.374979 ] }, { "date": "2026-04-24", "close": 1197.215088, "volume": 16868628, "typical_volume": 12423948.4, "trend": 889.402173, "fair_value": 394.825526, "relative_strength": 22.062527, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.61279, "energy": 65.154667, "activity_lines": [ 1015.225183, 962.539329, 944.29691, 931.544611 ] }, { "date": "2026-05-01", "close": 1118.060303, "volume": 13361223, "typical_volume": 12682059.0, "trend": 907.640737, "fair_value": 401.50886, "relative_strength": 12.563261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.510874, "energy": 70.821136, "activity_lines": [ 1066.675732, 994.776876, 961.857001, 946.296749 ] }, { "date": "2026-05-08", "close": 1400.049072, "volume": 22391963, "typical_volume": 13273782.95, "trend": 933.662852, "fair_value": 409.986062, "relative_strength": 29.781121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.316785, "energy": 89.299245, "activity_lines": [ 1197.544881, 1075.496704, 1005.147096, 978.065028 ] }, { "date": "2026-05-15", "close": 1395.101807, "volume": 15637062, "typical_volume": 13531186.35, "trend": 959.553038, "fair_value": 418.432149, "relative_strength": 28.720247, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.327187, "energy": 93.449788, "activity_lines": [ 1288.9026, 1146.376144, 1045.610228, 1007.835283 ] }, { "date": "2026-05-22", "close": 1330.788696, "volume": 5887147, "typical_volume": 13422780.1, "trend": 980.595001, "fair_value": 426.450426, "relative_strength": 18.018342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.01461, "energy": 87.629323, "activity_lines": [ 1324.522241, 1197.08914, 1077.747989, 1031.785971 ] }, { "date": "2026-05-29", "close": 1350.577393, "volume": 6808981, "typical_volume": 13394808.55, "trend": 1000.152814, "fair_value": 434.557885, "relative_strength": 11.831711, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.802974, "energy": 86.642613, "activity_lines": [ 1345.300374, 1243.286722, 1110.017676, 1055.655803 ] }, { "date": "2026-06-05", "close": 1355.524536, "volume": 7733275, "typical_volume": 13105126.4, "trend": 1014.763456, "fair_value": 442.680913, "relative_strength": 10.198335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.537437, "energy": 74.321539, "activity_lines": [ 1357.503402, 1282.234446, 1140.822056, 1078.583011 ] }, { "date": "2026-06-12", "close": 1459.415039, "volume": 11731143, "typical_volume": 13163228.0, "trend": 1030.099681, "fair_value": 451.351516, "relative_strength": 19.555202, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.554883, "energy": 61.317203, "activity_lines": [ 1388.505648, 1331.778096, 1179.353437, 1107.27021 ] }, { "date": "2026-06-19", "close": 1350.577393, "volume": 4902053, "typical_volume": 12946993.75, "trend": 1042.368663, "fair_value": 459.258671, "relative_strength": 4.289873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.894693, "energy": 51.159737, "activity_lines": [ 1379.270947, 1350.127609, 1204.942089, 1127.946191 ] }, { "date": "2026-06-26", "close": 1230.0, "volume": 5028690, "typical_volume": 12642962.15, "trend": 1053.883531, "fair_value": 466.333101, "relative_strength": -1.437629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.736476, "energy": 37.620872, "activity_lines": [ 1332.812077, 1338.008847, 1217.18139, 1140.051439 ] }, { "date": "2026-07-03", "close": 1305.0, "volume": 4040661, "typical_volume": 11947718.35, "trend": 1065.622701, "fair_value": 473.774204, "relative_strength": -0.822428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.625565, "energy": 31.647657, "activity_lines": [ 1318.072453, 1335.512314, 1234.970394, 1156.252501 ] }, { "date": "2026-07-10", "close": 1175.0, "volume": 0, "typical_volume": 11456112.95, "trend": 1075.40318, "fair_value": 480.274499, "relative_strength": -8.177947, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.100813, "energy": 20.621557, "activity_lines": [ 1263.037988, 1307.419691, 1238.767383, 1163.309101 ] }, { "date": "2026-07-17", "close": 1095.0, "volume": 1109404, "typical_volume": 10466084.5, "trend": 1081.725446, "fair_value": 486.166781, "relative_strength": -9.218338, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.634829, "energy": 19.280203, "activity_lines": [ 1193.371826, 1263.746347, 1233.943888, 1164.573412 ] }, { "date": "2026-07-24", "close": 1095.0, "volume": 5556727, "typical_volume": 10152157.05, "trend": 1087.124239, "fair_value": 491.982296, "relative_strength": -11.393245, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.869027, "energy": 15.439022, "activity_lines": [ 1148.0, 1225.619349, 1228.231346, 1165.429835 ] }, { "date": "2026-07-31", "close": 1045.0, "volume": 4259168, "typical_volume": 9650001.25, "trend": 1089.866931, "fair_value": 497.296127, "relative_strength": -14.493868, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.689786, "energy": 22.422498, "activity_lines": [ 1103.0, 1183.857839, 1216.966797, 1162.712142 ] }, { "date": "2026-08-07", "close": 1115.0, "volume": 8528016, "typical_volume": 9443028.25, "trend": 1095.569598, "fair_value": 503.098594, "relative_strength": -11.231498, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.864405, "energy": 26.043573, "activity_lines": [ 1093.666667, 1160.01976, 1211.604887, 1164.33363 ] }, { "date": "2026-08-14", "close": 1000.0, "volume": 10524587, "typical_volume": 9379412.25, "trend": 1098.890102, "fair_value": 508.348125, "relative_strength": -23.0278, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.799599, "energy": 41.679732, "activity_lines": [ 1058.666667, 1119.555815, 1194.278041, 1158.16785 ] }, { "date": "2026-08-21", "close": 944.0, "volume": 6476027, "typical_volume": 9050104.05, "trend": 1099.750279, "fair_value": 513.220256, "relative_strength": -26.211184, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.250936, "energy": 50.789976, "activity_lines": [ 1016.666667, 1075.374134, 1171.138793, 1148.17494 ] } ], "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." } } }