{ "ticker": { "uuid": "73f81163-b6ef-4acb-a84d-7ece97ac37cc", "symbol": "1504", "name": "TECO Electric & Machinery 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": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -24.833, "architecture_energy": 13.002, "architecture_maturity": 25.001, "architecture_confidence": 65.346, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 54.25, "rotation_up": 17.07, "upward_expansion": 13.31, "deceleration": 55.85, "rotation_down": 45.04, "downward_expansion": 63.31 }, "activity_lines": [ 67.373333, 67.50586, 67.981324, 67.839953 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 70.599998, "trend_reference": 69.627373, "distance_from_trend": 0.013969, "trend_direction": "Weakening", "fair_value": 56.853353, "distance_from_fair_value": 0.241791, "fair_value_direction": "Improving", "relative_strength": -36.587846, "relative_strength_direction": "Weakening", "price_momentum": -0.092214, "excess_performance": -0.533586, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.013969, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.087108, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.241791, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.015599, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.365878, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000321, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.092214, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.747154, "read": "Demand-led" } ], "volume": { "latest": 54576237, "relative_activity": 0.608035, "balance": 2.747154, "dry_up": 0.460465, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.098526, "annualized_volatility": 0.404718, "from_high_reference": -0.430408, "from_low_reference": 0.344869 }, "levels": { "trend_reference": 69.627373, "fair_value_reference": 56.853353, "structural_low": 56.870474, "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": 25, "median_return": -0.017886, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.000935, "regime_survival": 0.6, "best_return": 0.184632, "worst_return": -0.073958, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.049348, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.08368, "regime_survival": 0.444444, "best_return": 0.913043, "worst_return": -0.050314, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.017909, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.155721, "regime_survival": 0.333333, "best_return": 0.991517, "worst_return": -0.032261, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.971159, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.814392, "regime_survival": 0.333333, "best_return": 1.504332, "worst_return": -0.061171, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": 0.030462, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2024-10-18", "tenure": "Developing", "return": 0.062098, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": 0.07312, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-29", "end": "2025-01-03", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-10", "end": "2025-03-21", "tenure": "Developing", "return": -0.020755, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.011976, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.043216, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-07-11", "tenure": "Developing", "return": -0.065104, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": -0.028243, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": -0.010695, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-11-21", "tenure": "Established", "return": 0.362963, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-03-06", "tenure": "Established", "return": -0.175599, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-06-05", "tenure": "Established", "return": 0.121602, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-08-14", "tenure": "Developing", "return": 0.022858, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 44.526588, "volume": 66817516, "typical_volume": 146824802.15, "trend": 38.863751, "fair_value": 27.599011, "relative_strength": 26.67075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.345964, "energy": 29.206922, "activity_lines": [ 47.005265, 47.604658, 46.411391, 43.545673 ] }, { "date": "2023-08-18", "close": 45.870453, "volume": 73630547, "typical_volume": 137269787.55, "trend": 39.572819, "fair_value": 27.75317, "relative_strength": 30.877244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.671843, "energy": 20.939226, "activity_lines": [ 46.413968, 47.194765, 46.557788, 43.997718 ] }, { "date": "2023-08-25", "close": 44.884953, "volume": 64121773, "typical_volume": 137543433.6, "trend": 40.250487, "fair_value": 27.894327, "relative_strength": 26.089155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.6097, "energy": 19.81708, "activity_lines": [ 45.631542, 46.637673, 46.568118, 44.340436 ] }, { "date": "2023-09-01", "close": 44.168228, "volume": 28149847, "typical_volume": 127691659.75, "trend": 40.881044, "fair_value": 28.029604, "relative_strength": 21.81582, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.727872, "energy": 15.603113, "activity_lines": [ 44.938708, 46.059406, 46.474952, 44.593194 ] }, { "date": "2023-09-08", "close": 43.182732, "volume": 35704204, "typical_volume": 123078441.55, "trend": 41.468593, "fair_value": 28.152907, "relative_strength": 18.694489, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.977784, "energy": 12.931566, "activity_lines": [ 44.233928, 45.427385, 46.263571, 44.74169 ] }, { "date": "2023-09-15", "close": 44.660973, "volume": 37798120, "typical_volume": 119770563.0, "trend": 42.106869, "fair_value": 28.288514, "relative_strength": 19.315732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.506876, "energy": 14.895503, "activity_lines": [ 44.278722, 45.147209, 46.168954, 44.94765 ] }, { "date": "2023-09-22", "close": 45.691273, "volume": 63997415, "typical_volume": 116895800.1, "trend": 42.737401, "fair_value": 28.427897, "relative_strength": 25.185719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.204676, "energy": 11.43595, "activity_lines": [ 44.657991, 45.073094, 46.142852, 45.178902 ] }, { "date": "2023-09-29", "close": 46.587177, "volume": 65595514, "typical_volume": 111421583.7, "trend": 43.374577, "fair_value": 28.573538, "relative_strength": 26.413925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.945949, "energy": 11.872844, "activity_lines": [ 45.347839, 45.202593, 46.17378, 45.427274 ] }, { "date": "2023-10-06", "close": 44.705772, "volume": 42531593, "typical_volume": 99421943.4, "trend": 43.846003, "fair_value": 28.702489, "relative_strength": 19.188445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.880851, "energy": 12.326793, "activity_lines": [ 45.297071, 45.04866, 45.992343, 45.513158 ] }, { "date": "2023-10-13", "close": 43.989044, "volume": 27706622, "typical_volume": 93161213.15, "trend": 44.290634, "fair_value": 28.830189, "relative_strength": 14.626344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.335202, "energy": 8.86483, "activity_lines": [ 44.971557, 44.840972, 45.741642, 45.522386 ] }, { "date": "2023-10-20", "close": 43.137936, "volume": 46315918, "typical_volume": 88602923.35, "trend": 44.451478, "fair_value": 28.953205, "relative_strength": 13.975945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.178006, "energy": 16.599469, "activity_lines": [ 44.308587, 44.533921, 45.411463, 45.448019 ] }, { "date": "2023-10-27", "close": 42.466003, "volume": 31121825, "typical_volume": 82570066.1, "trend": 44.633462, "fair_value": 29.072427, "relative_strength": 13.572213, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.108995, "energy": 45.720621, "activity_lines": [ 43.523174, 44.129948, 45.036191, 45.319923 ] }, { "date": "2023-11-03", "close": 42.645184, "volume": 23405059, "typical_volume": 76675401.45, "trend": 44.805454, "fair_value": 29.19177, "relative_strength": 10.891934, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.737648, "energy": 52.490943, "activity_lines": [ 43.012507, 43.820452, 44.702572, 45.191647 ] }, { "date": "2023-11-10", "close": 40.987759, "volume": 31790410, "typical_volume": 74107232.7, "trend": 44.869954, "fair_value": 29.297402, "relative_strength": 5.011569, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.02692, "energy": 64.808064, "activity_lines": [ 42.212164, 43.25033, 44.250352, 44.945345 ] }, { "date": "2023-11-17", "close": 40.987759, "volume": 81279283, "typical_volume": 73641094.0, "trend": 44.964931, "fair_value": 29.406378, "relative_strength": 1.351401, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.946593, "energy": 75.351143, "activity_lines": [ 41.659688, 42.738034, 43.846128, 44.69488 ] }, { "date": "2023-11-24", "close": 42.421204, "volume": 77598648, "typical_volume": 74091675.3, "trend": 45.09753, "fair_value": 29.523256, "relative_strength": 3.768445, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.967636, "energy": 65.86198, "activity_lines": [ 41.785114, 42.526274, 43.610632, 44.530769 ] }, { "date": "2023-12-01", "close": 41.435711, "volume": 43076817, "typical_volume": 71455849.0, "trend": 45.153742, "fair_value": 29.634588, "relative_strength": -0.116669, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.645087, "energy": 59.673696, "activity_lines": [ 41.629823, 42.176055, 43.296851, 44.294523 ] }, { "date": "2023-12-08", "close": 41.032551, "volume": 129025336, "typical_volume": 69195884.0, "trend": 45.200869, "fair_value": 29.745651, "relative_strength": -1.355816, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.958537, "energy": 45.624703, "activity_lines": [ 41.408833, 41.829909, 42.975604, 44.028639 ] }, { "date": "2023-12-15", "close": 41.749275, "volume": 106590943, "typical_volume": 57182646.75, "trend": 45.109349, "fair_value": 29.856936, "relative_strength": -1.83458, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.425625, "energy": 38.479069, "activity_lines": [ 41.534259, 41.71507, 42.764426, 43.805956 ] }, { "date": "2023-12-22", "close": 40.853371, "volume": 71422659, "typical_volume": 57384002.45, "trend": 44.993771, "fair_value": 29.967364, "relative_strength": -4.024572, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.121572, "energy": 42.061347, "activity_lines": [ 41.310282, 41.491093, 42.502053, 43.531376 ] }, { "date": "2023-12-29", "close": 41.928455, "volume": 49041620, "typical_volume": 56495207.65, "trend": 44.821149, "fair_value": 30.092141, "relative_strength": -3.851231, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.527249, "energy": 35.083626, "activity_lines": [ 41.453626, 41.519598, 42.371506, 43.333614 ] }, { "date": "2024-01-05", "close": 41.256531, "volume": 33712286, "typical_volume": 54499294.6, "trend": 44.608715, "fair_value": 30.215438, "relative_strength": -3.670247, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.504367, "energy": 33.926442, "activity_lines": [ 41.405846, 41.447926, 42.189339, 43.103639 ] }, { "date": "2024-01-12", "close": 40.226234, "volume": 29895990, "typical_volume": 52788005.45, "trend": 44.253338, "fair_value": 30.33136, "relative_strength": -6.472854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.101091, "energy": 39.710001, "activity_lines": [ 41.026578, 41.210918, 41.931018, 42.820898 ] }, { "date": "2024-01-19", "close": 39.33033, "volume": 32869356, "typical_volume": 53023980.9, "trend": 43.862126, "fair_value": 30.441282, "relative_strength": -9.827228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.05102, "energy": 46.039698, "activity_lines": [ 40.402431, 40.854999, 41.609559, 42.503285 ] }, { "date": "2024-01-26", "close": 40.49501, "volume": 27678150, "typical_volume": 52622678.2, "trend": 43.620231, "fair_value": 30.551727, "relative_strength": -9.203424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.204168, "energy": 46.446897, "activity_lines": [ 40.327773, 40.740975, 41.422058, 42.286051 ] }, { "date": "2024-02-02", "close": 41.480507, "volume": 32668320, "typical_volume": 52366188.2, "trend": 43.479872, "fair_value": 30.670032, "relative_strength": -7.813271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.770048, "energy": 37.193582, "activity_lines": [ 40.605504, 40.815091, 41.341213, 42.148005 ] }, { "date": "2024-02-09", "close": 41.794075, "volume": 4697975, "typical_volume": 49401216.2, "trend": 43.275306, "fair_value": 30.796519, "relative_strength": -7.778772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.548959, "energy": 26.172035, "activity_lines": [ 41.017622, 40.963324, 41.305377, 42.039244 ] }, { "date": "2024-02-16", "close": 42.645184, "volume": 19148639, "typical_volume": 47078872.45, "trend": 43.036398, "fair_value": 30.932061, "relative_strength": -8.93598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.168155, "energy": 14.54787, "activity_lines": [ 41.677606, 41.259787, 41.369157, 41.998591 ] }, { "date": "2024-02-23", "close": 42.958755, "volume": 45241094, "typical_volume": 47214347.5, "trend": 42.837805, "fair_value": 31.06087, "relative_strength": -10.01188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.772092, "energy": 14.535947, "activity_lines": [ 42.280851, 41.583943, 41.481573, 41.993581 ] }, { "date": "2024-03-01", "close": 43.585892, "volume": 78576390, "typical_volume": 49757835.9, "trend": 42.722831, "fair_value": 31.190614, "relative_strength": -9.297407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 25.564504, "energy": 28.430814, "activity_lines": [ 42.851246, 42.000134, 41.662034, 42.041845 ] }, { "date": "2024-03-08", "close": 44.25782, "volume": 79225582, "typical_volume": 51403319.1, "trend": 42.713872, "fair_value": 31.318237, "relative_strength": -12.031979, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.318513, "energy": 46.042297, "activity_lines": [ 43.439558, 42.48881, 41.908409, 42.140877 ] }, { "date": "2024-03-15", "close": 45.332905, "volume": 80091427, "typical_volume": 53851799.2, "trend": 42.695953, "fair_value": 31.451723, "relative_strength": -9.642916, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.124348, "energy": 59.83317, "activity_lines": [ 44.201078, 43.130605, 42.25184, 42.309846 ] }, { "date": "2024-03-22", "close": 50.081215, "volume": 213068948, "typical_volume": 63334993.65, "trend": 42.869162, "fair_value": 31.615133, "relative_strength": -2.922739, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 65.807345, "energy": 77.506227, "activity_lines": [ 46.309446, 44.561613, 43.033839, 42.786315 ] }, { "date": "2024-03-29", "close": 51.245895, "volume": 161575868, "typical_volume": 69824266.55, "trend": 43.105084, "fair_value": 31.78498, "relative_strength": -1.132142, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.976102, "energy": 92.880282, "activity_lines": [ 48.310305, 46.0252, 43.89135, 43.326749 ] }, { "date": "2024-04-05", "close": 49.902035, "volume": 57169049, "typical_volume": 68618754.85, "trend": 43.329061, "fair_value": 31.940813, "relative_strength": -3.991741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.527669, "energy": 89.048629, "activity_lines": [ 49.310735, 47.027801, 44.572026, 43.765262 ] }, { "date": "2024-04-12", "close": 54.471161, "volume": 137195317, "typical_volume": 71598588.3, "trend": 43.656067, "fair_value": 32.126192, "relative_strength": 2.647305, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.276671, "energy": 95.503883, "activity_lines": [ 51.413131, 48.690116, 45.645409, 44.484107 ] }, { "date": "2024-04-19", "close": 53.664845, "volume": 294801200, "typical_volume": 84184807.45, "trend": 43.921853, "fair_value": 32.307173, "relative_strength": 7.146704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.207746, "energy": 89.320915, "activity_lines": [ 52.565865, 49.969635, 46.584618, 45.129835 ] }, { "date": "2024-04-26", "close": 51.156303, "volume": 110542133, "typical_volume": 83260647.3, "trend": 44.074157, "fair_value": 32.466161, "relative_strength": -0.929697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.620513, "energy": 65.240993, "activity_lines": [ 52.326956, 50.577222, 47.226685, 45.596574 ] }, { "date": "2024-05-03", "close": 49.902035, "volume": 61433152, "typical_volume": 81002757.75, "trend": 44.247366, "fair_value": 32.605794, "relative_strength": -4.292095, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.880049, "energy": 57.120464, "activity_lines": [ 51.598285, 50.802014, 47.701089, 45.972566 ] }, { "date": "2024-05-10", "close": 49.364491, "volume": 54059367, "typical_volume": 80134593.15, "trend": 44.426548, "fair_value": 32.742752, "relative_strength": -6.933607, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.854137, "energy": 40.323139, "activity_lines": [ 50.780024, 50.802828, 48.085476, 46.302703 ] }, { "date": "2024-05-17", "close": 49.991623, "volume": 42105131, "typical_volume": 79787768.7, "trend": 44.655004, "fair_value": 32.894531, "relative_strength": -7.912009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.931332, "energy": 29.916685, "activity_lines": [ 50.206642, 50.812602, 48.489061, 46.66174 ] }, { "date": "2024-05-24", "close": 47.931042, "volume": 50300590, "typical_volume": 80617183.9, "trend": 44.837172, "fair_value": 33.040557, "relative_strength": -12.659792, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.453916, "energy": 22.574939, "activity_lines": [ 49.245037, 50.343473, 48.658003, 46.873097 ] }, { "date": "2024-05-31", "close": 50.349987, "volume": 88483788, "typical_volume": 83546573.8, "trend": 45.093999, "fair_value": 33.202604, "relative_strength": -6.244286, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.423973, "energy": 20.174557, "activity_lines": [ 49.471999, 50.266913, 49.025539, 47.228763 ] }, { "date": "2024-06-07", "close": 52.858524, "volume": 114139568, "typical_volume": 87610084.4, "trend": 45.489691, "fair_value": 33.371989, "relative_strength": -4.362142, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.900352, "energy": 30.954592, "activity_lines": [ 50.588895, 50.641564, 49.583774, 47.7297 ] }, { "date": "2024-06-14", "close": 51.873032, "volume": 63035111, "typical_volume": 89377932.45, "trend": 45.852533, "fair_value": 33.533256, "relative_strength": -8.395981, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.657192, "energy": 35.050769, "activity_lines": [ 51.180195, 50.807715, 49.983732, 48.141528 ] }, { "date": "2024-06-21", "close": 50.020733, "volume": 94240929, "typical_volume": 92456562.9, "trend": 46.105851, "fair_value": 33.678065, "relative_strength": -13.973533, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.643957, "energy": 36.131696, "activity_lines": [ 50.986825, 50.601247, 50.153101, 48.410445 ] }, { "date": "2024-06-28", "close": 49.834438, "volume": 49129840, "typical_volume": 94678156.15, "trend": 46.385808, "fair_value": 33.824877, "relative_strength": -13.030069, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.565374, "energy": 32.901534, "activity_lines": [ 50.729417, 50.441825, 50.264059, 48.650999 ] }, { "date": "2024-07-05", "close": 49.741287, "volume": 52384066, "typical_volume": 96339927.5, "trend": 46.6761, "fair_value": 33.966829, "relative_strength": -14.709298, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.667002, "energy": 20.20968, "activity_lines": [ 50.314065, 50.33511, 50.327858, 48.867481 ] }, { "date": "2024-07-12", "close": 47.598873, "volume": 45278531, "typical_volume": 96341799.35, "trend": 46.871086, "fair_value": 34.101974, "relative_strength": -19.120606, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.094391, "energy": 11.041738, "activity_lines": [ 49.225155, 49.864592, 50.153827, 48.927015 ] }, { "date": "2024-07-19", "close": 45.968773, "volume": 44928548, "typical_volume": 94659407.25, "trend": 47.0416, "fair_value": 34.223207, "relative_strength": -17.723933, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -11.137749, "energy": 22.347888, "activity_lines": [ 47.943522, 49.139569, 49.802452, 48.868801 ] }, { "date": "2024-07-26", "close": 45.316738, "volume": 18241100, "typical_volume": 91610183.15, "trend": 47.154542, "fair_value": 34.344256, "relative_strength": -15.622576, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -35.602854, "energy": 52.817729, "activity_lines": [ 46.838161, 48.357733, 49.377632, 48.75752 ] }, { "date": "2024-08-02", "close": 44.338673, "volume": 20296783, "typical_volume": 88620450.95, "trend": 47.257281, "fair_value": 34.459302, "relative_strength": -15.108256, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.882445, "energy": 65.260614, "activity_lines": [ 45.720378, 47.483066, 48.85462, 48.575851 ] }, { "date": "2024-08-09", "close": 42.196262, "volume": 48423590, "typical_volume": 80388183.05, "trend": 47.322948, "fair_value": 34.564344, "relative_strength": -18.106265, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.436792, "energy": 74.112927, "activity_lines": [ 44.254842, 46.284186, 48.132304, 48.249333 ] }, { "date": "2024-08-16", "close": 43.034599, "volume": 20903471, "typical_volume": 73354563.2, "trend": 47.446424, "fair_value": 34.675027, "relative_strength": -19.202837, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.279856, "energy": 71.722094, "activity_lines": [ 43.571754, 45.385979, 47.527376, 47.972666 ] }, { "date": "2024-08-23", "close": 45.130436, "volume": 24272147, "typical_volume": 71709718.1, "trend": 47.600938, "fair_value": 34.805805, "relative_strength": -14.060333, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.25309, "energy": 63.685901, "activity_lines": [ 43.891563, 45.047451, 47.161154, 47.823247 ] }, { "date": "2024-08-30", "close": 45.689327, "volume": 17486226, "typical_volume": 65724263.55, "trend": 47.741232, "fair_value": 34.944695, "relative_strength": -13.001189, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.330936, "energy": 55.398805, "activity_lines": [ 44.453558, 44.933132, 46.870881, 47.699917 ] }, { "date": "2024-09-06", "close": 43.50034, "volume": 15108352, "typical_volume": 51739621.15, "trend": 47.798107, "fair_value": 35.059429, "relative_strength": -13.544918, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.442944, "energy": 48.096397, "activity_lines": [ 44.261052, 44.499568, 46.413951, 47.426311 ] }, { "date": "2024-09-13", "close": 45.083862, "volume": 15297752, "typical_volume": 46977402.1, "trend": 47.879397, "fair_value": 35.181916, "relative_strength": -11.321519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.2628, "energy": 31.889158, "activity_lines": [ 44.652275, 44.469083, 46.156235, 47.251199 ] }, { "date": "2024-09-20", "close": 45.689327, "volume": 18746783, "typical_volume": 44843083.65, "trend": 47.970416, "fair_value": 35.31228, "relative_strength": -11.215743, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.950271, "energy": 28.050529, "activity_lines": [ 45.052813, 44.633363, 45.9851, 47.109904 ] }, { "date": "2024-09-27", "close": 46.248222, "volume": 17563276, "typical_volume": 43018279.1, "trend": 48.05916, "fair_value": 35.444895, "relative_strength": -12.143612, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.900557, "energy": 23.458267, "activity_lines": [ 45.462667, 44.933979, 45.887252, 46.998795 ] }, { "date": "2024-10-04", "close": 45.316738, "volume": 12152951, "typical_volume": 41520670.1, "trend": 48.094457, "fair_value": 35.571539, "relative_strength": -11.407681, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.597679, "energy": 20.330559, "activity_lines": [ 45.487508, 45.060153, 45.715532, 46.821864 ] }, { "date": "2024-10-11", "close": 45.689327, "volume": 19871747, "typical_volume": 39999227.95, "trend": 48.106338, "fair_value": 35.702703, "relative_strength": -12.556176, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.397797, "energy": 18.940296, "activity_lines": [ 45.661385, 45.254071, 45.601557, 46.666695 ] }, { "date": "2024-10-18", "close": 46.201645, "volume": 28348784, "typical_volume": 36992477.75, "trend": 47.977019, "fair_value": 35.833954, "relative_strength": -13.300473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.728646, "energy": 16.390508, "activity_lines": [ 45.860101, 45.516581, 45.547049, 46.543811 ] }, { "date": "2024-10-25", "close": 45.223587, "volume": 18632942, "typical_volume": 32217146.45, "trend": 47.776275, "fair_value": 35.962931, "relative_strength": -14.125347, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.335738, "energy": 13.285482, "activity_lines": [ 45.65828, 45.528436, 45.419147, 46.36617 ] }, { "date": "2024-11-01", "close": 46.294792, "volume": 23070212, "typical_volume": 30218901.5, "trend": 47.656034, "fair_value": 36.098509, "relative_strength": -9.472522, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.134431, "energy": 10.191339, "activity_lines": [ 45.844576, 45.695256, 45.429622, 46.270591 ] }, { "date": "2024-11-08", "close": 47.133129, "volume": 20300441, "typical_volume": 26521877.1, "trend": 47.411433, "fair_value": 36.239993, "relative_strength": -10.511687, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.564019, "energy": 7.90151, "activity_lines": [ 46.307213, 45.993331, 45.546501, 46.236855 ] }, { "date": "2024-11-15", "close": 48.43721, "volume": 29441101, "typical_volume": 25537440.15, "trend": 47.237178, "fair_value": 36.388772, "relative_strength": -4.548965, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.584542, "energy": 24.386403, "activity_lines": [ 47.083451, 46.502261, 45.801329, 46.303034 ] }, { "date": "2024-11-22", "close": 48.530357, "volume": 32915125, "typical_volume": 24563993.1, "trend": 47.149647, "fair_value": 36.531753, "relative_strength": -4.764939, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.487714, "energy": 46.461118, "activity_lines": [ 47.707546, 46.938365, 46.071681, 46.386465 ] }, { "date": "2024-11-29", "close": 49.461838, "volume": 57677146, "typical_volume": 25183923.85, "trend": 47.134974, "fair_value": 36.681771, "relative_strength": -0.005301, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.364826, "energy": 54.716156, "activity_lines": [ 48.486887, 47.481166, 46.436512, 46.535639 ] }, { "date": "2024-12-06", "close": 48.623505, "volume": 30784140, "typical_volume": 24476703.45, "trend": 47.110274, "fair_value": 36.831477, "relative_strength": -5.428971, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.719521, "energy": 56.009156, "activity_lines": [ 48.704233, 47.802951, 46.712631, 46.631673 ] }, { "date": "2024-12-13", "close": 47.971466, "volume": 32054313, "typical_volume": 25167364.1, "trend": 47.042936, "fair_value": 36.977803, "relative_strength": -5.769311, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.745757, "energy": 45.552585, "activity_lines": [ 48.548986, 47.962997, 46.914009, 46.687234 ] }, { "date": "2024-12-20", "close": 47.319424, "volume": 58233068, "typical_volume": 27064178.35, "trend": 47.022548, "fair_value": 37.117817, "relative_strength": -4.761451, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.985175, "energy": 24.215643, "activity_lines": [ 48.120502, 47.956223, 47.040646, 46.705072 ] }, { "date": "2024-12-27", "close": 49.648136, "volume": 129710513, "typical_volume": 31128524.5, "trend": 46.999153, "fair_value": 37.271427, "relative_strength": -3.187434, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.352926, "energy": 26.193544, "activity_lines": [ 48.542775, 48.343212, 47.374872, 46.874464 ] }, { "date": "2025-01-03", "close": 49.461838, "volume": 26904198, "typical_volume": 31428560.85, "trend": 46.88593, "fair_value": 37.42331, "relative_strength": -1.836183, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.087419, "energy": 34.789314, "activity_lines": [ 48.82843, 48.633665, 47.655869, 47.033347 ] }, { "date": "2025-01-10", "close": 49.368694, "volume": 15494856, "typical_volume": 30989696.3, "trend": 46.802453, "fair_value": 37.571133, "relative_strength": -2.332513, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.547176, "energy": 36.051461, "activity_lines": [ 49.083036, 48.830124, 47.89739, 47.193525 ] }, { "date": "2025-01-17", "close": 49.089249, "volume": 16824207, "typical_volume": 30956595.35, "trend": 46.771403, "fair_value": 37.720627, "relative_strength": -3.369103, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.154009, "energy": 42.24366, "activity_lines": [ 49.194815, 48.919886, 48.092115, 47.341061 ] }, { "date": "2025-01-24", "close": 49.927582, "volume": 6037058, "typical_volume": 30503030.65, "trend": 46.774508, "fair_value": 37.876295, "relative_strength": -3.186582, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.591578, "energy": 43.574534, "activity_lines": [ 49.51152, 49.126506, 48.350491, 47.544685 ] }, { "date": "2025-02-07", "close": 51.32481, "volume": 29248488, "typical_volume": 31200567.45, "trend": 46.827292, "fair_value": 38.04385, "relative_strength": -0.180425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.391814, "energy": 51.477198, "activity_lines": [ 50.12009, 49.56007, 48.71133, 47.838253 ] }, { "date": "2025-02-14", "close": 49.741287, "volume": 11010697, "typical_volume": 30813763.15, "trend": 46.898706, "fair_value": 38.206583, "relative_strength": -1.760409, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.248999, "energy": 38.260197, "activity_lines": [ 50.089041, 49.654912, 48.891639, 48.026253 ] }, { "date": "2025-02-21", "close": 51.511108, "volume": 40866467, "typical_volume": 31978922.7, "trend": 47.08345, "fair_value": 38.374799, "relative_strength": -0.635551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.023282, "energy": 48.685003, "activity_lines": [ 50.629302, 50.066459, 49.221207, 48.323827 ] }, { "date": "2025-02-28", "close": 50.765923, "volume": 13094361, "typical_volume": 32025993.2, "trend": 47.26509, "fair_value": 38.539571, "relative_strength": 0.867148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.103315, "energy": 40.850938, "activity_lines": [ 50.778341, 50.290016, 49.454744, 48.561406 ] }, { "date": "2025-03-07", "close": 50.486473, "volume": 9558186, "typical_volume": 31510315.15, "trend": 47.470016, "fair_value": 38.703084, "relative_strength": 2.490949, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.386052, "energy": 35.551021, "activity_lines": [ 50.722451, 50.411956, 49.635718, 48.769237 ] }, { "date": "2025-03-14", "close": 50.11388, "volume": 17058118, "typical_volume": 30945781.85, "trend": 47.733937, "fair_value": 38.865541, "relative_strength": 4.509494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.339449, "energy": 32.149246, "activity_lines": [ 50.505104, 50.408569, 49.758364, 48.939809 ] }, { "date": "2025-03-21", "close": 48.344063, "volume": 24200923, "typical_volume": 31224180.9, "trend": 47.910919, "fair_value": 39.018251, "relative_strength": -0.164386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.481598, "energy": 13.664988, "activity_lines": [ 49.778547, 50.074928, 49.693825, 48.979172 ] }, { "date": "2025-03-28", "close": 46.667385, "volume": 33622652, "typical_volume": 31751802.9, "trend": 47.962151, "fair_value": 39.15675, "relative_strength": -0.646018, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.560097, "energy": 12.582689, "activity_lines": [ 48.586246, 49.456761, 49.454744, 48.898944 ] }, { "date": "2025-04-04", "close": 46.108498, "volume": 12097845, "typical_volume": 31341673.1, "trend": 47.976123, "fair_value": 39.287404, "relative_strength": -0.113405, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.853387, "energy": 33.061795, "activity_lines": [ 47.530563, 48.786092, 49.160661, 48.779353 ] }, { "date": "2025-04-11", "close": 46.341366, "volume": 35191496, "typical_volume": 31629192.85, "trend": 48.070824, "fair_value": 39.41662, "relative_strength": 9.565698, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.607708, "energy": 37.315975, "activity_lines": [ 46.862999, 48.211958, 48.893636, 48.673885 ] }, { "date": "2025-04-18", "close": 45.735901, "volume": 23442875, "typical_volume": 31155580.35, "trend": 48.092559, "fair_value": 39.544618, "relative_strength": 9.140221, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.895899, "energy": 49.385057, "activity_lines": [ 46.269953, 47.592944, 48.578927, 48.523245 ] }, { "date": "2025-04-25", "close": 43.872932, "volume": 11877227, "typical_volume": 28865584.4, "trend": 48.032012, "fair_value": 39.647621, "relative_strength": 2.671891, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.793816, "energy": 62.626792, "activity_lines": [ 45.347783, 46.736825, 48.100099, 48.251011 ] }, { "date": "2025-05-02", "close": 47.319424, "volume": 13728271, "typical_volume": 28012790.95, "trend": 48.067719, "fair_value": 39.775646, "relative_strength": 6.116218, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.557554, "energy": 34.751985, "activity_lines": [ 45.872519, 46.614038, 47.976123, 48.205038 ] }, { "date": "2025-05-09", "close": 48.344063, "volume": 17897058, "typical_volume": 27304928.2, "trend": 48.16863, "fair_value": 39.919298, "relative_strength": 7.892072, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.622351, "energy": 21.061813, "activity_lines": [ 46.695332, 46.753761, 47.955941, 48.222866 ] }, { "date": "2025-05-16", "close": 48.716652, "volume": 20507418, "typical_volume": 25418645.7, "trend": 48.269541, "fair_value": 40.06747, "relative_strength": 4.245022, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.041754, "energy": 15.240061, "activity_lines": [ 47.493303, 47.005262, 47.96947, 48.258223 ] }, { "date": "2025-05-23", "close": 49.275547, "volume": 20042532, "typical_volume": 19935246.65, "trend": 48.372004, "fair_value": 40.229349, "relative_strength": 6.445832, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.391278, "energy": 18.266414, "activity_lines": [ 48.319221, 47.390558, 48.029573, 48.323126 ] }, { "date": "2025-05-30", "close": 49.089249, "volume": 8543347, "typical_volume": 19017204.1, "trend": 48.500859, "fair_value": 40.390832, "relative_strength": 7.483782, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.513243, "energy": 16.781217, "activity_lines": [ 48.847063, 47.757225, 48.073708, 48.3694 ] }, { "date": "2025-06-06", "close": 48.623505, "volume": 16463390, "typical_volume": 19065630.8, "trend": 48.578483, "fair_value": 40.544801, "relative_strength": 5.049507, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.820834, "energy": 14.155849, "activity_lines": [ 48.871902, 48.025662, 48.07526, 48.377313 ] }, { "date": "2025-06-13", "close": 49.182396, "volume": 16040770, "typical_volume": 19026458.95, "trend": 48.646792, "fair_value": 40.700754, "relative_strength": 4.450903, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.765107, "energy": 17.754411, "activity_lines": [ 48.9961, 48.360149, 48.133589, 48.416275 ] }, { "date": "2025-06-20", "close": 47.051811, "volume": 29689310, "typical_volume": 20209071.55, "trend": 48.600612, "fair_value": 40.843316, "relative_strength": 0.203612, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.428722, "energy": 10.949613, "activity_lines": [ 48.354213, 48.251369, 47.988561, 48.313373 ] }, { "date": "2025-06-27", "close": 48.072563, "volume": 24190352, "typical_volume": 19956164.75, "trend": 48.585352, "fair_value": 40.994907, "relative_strength": -0.025252, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.949731, "energy": 10.578417, "activity_lines": [ 48.163567, 48.315263, 47.954442, 48.279305 ] }, { "date": "2025-07-04", "close": 46.614346, "volume": 43066444, "typical_volume": 21558952.1, "trend": 48.490436, "fair_value": 41.127383, "relative_strength": -2.833278, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.808046, "energy": 20.432237, "activity_lines": [ 47.567047, 48.071541, 47.796932, 48.152143 ] }, { "date": "2025-07-11", "close": 45.544983, "volume": 13949051, "typical_volume": 20213081.3, "trend": 48.387818, "fair_value": 41.25719, "relative_strength": -5.818286, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.088812, "energy": 43.891318, "activity_lines": [ 46.779067, 47.583546, 47.552468, 47.962114 ] }, { "date": "2025-07-18", "close": 46.468521, "volume": 16899454, "typical_volume": 20403335.95, "trend": 48.33772, "fair_value": 41.397383, "relative_strength": -6.503639, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.250653, "energy": 51.880588, "activity_lines": [ 46.504167, 47.29573, 47.42437, 47.838289 ] }, { "date": "2025-07-25", "close": 45.156128, "volume": 29644842, "typical_volume": 21407668.75, "trend": 48.26561, "fair_value": 41.528326, "relative_strength": -9.007607, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.445626, "energy": 62.742981, "activity_lines": [ 45.972729, 46.803397, 47.191746, 47.633025 ] }, { "date": "2025-08-01", "close": 54.537325, "volume": 102058581, "typical_volume": 25657691.9, "trend": 48.428583, "fair_value": 41.718847, "relative_strength": 9.292249, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.840516, "energy": 19.936913, "activity_lines": [ 48.694734, 48.081473, 47.877952, 48.037651 ] }, { "date": "2025-08-08", "close": 53.954041, "volume": 220120084, "typical_volume": 35453649.95, "trend": 48.578324, "fair_value": 41.900884, "relative_strength": 5.294396, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.528496, "energy": 47.323618, "activity_lines": [ 50.791328, 49.157829, 48.487544, 48.394132 ] }, { "date": "2025-08-15", "close": 53.954041, "volume": 76657595, "typical_volume": 37605397.1, "trend": 48.731168, "fair_value": 42.087386, "relative_strength": 3.703753, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.192043, "energy": 71.67597, "activity_lines": [ 52.398608, 50.145735, 49.070421, 48.740953 ] }, { "date": "2025-08-22", "close": 65.619774, "volume": 320834356, "typical_volume": 53042222.65, "trend": 49.282186, "fair_value": 42.346436, "relative_strength": 28.187821, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.987865, "energy": 91.885367, "activity_lines": [ 57.333862, 53.157763, 50.729622, 49.83054 ] }, { "date": "2025-08-29", "close": 66.10585, "volume": 399824071, "typical_volume": 71273851.4, "trend": 49.821462, "fair_value": 42.605532, "relative_strength": 25.863424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.766528, "energy": 94.581143, "activity_lines": [ 61.154392, 55.959308, 52.342205, 50.915938 ] }, { "date": "2025-09-05", "close": 66.10585, "volume": 117328627, "typical_volume": 75968139.0, "trend": 50.314163, "fair_value": 42.863512, "relative_strength": 23.809058, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.695052, "energy": 92.708783, "activity_lines": [ 63.578273, 58.414416, 53.860671, 51.966544 ] }, { "date": "2025-09-12", "close": 86.909752, "volume": 606282919, "typical_volume": 105688423.6, "trend": 51.553112, "fair_value": 43.256245, "relative_strength": 54.624765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.891646, "energy": 98.573114, "activity_lines": [ 72.165553, 64.324174, 57.263462, 54.32755 ] }, { "date": "2025-09-19", "close": 78.549309, "volume": 213642573, "typical_volume": 115684138.7, "trend": 52.454385, "fair_value": 43.597061, "relative_strength": 37.982145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.541509, "energy": 90.697709, "activity_lines": [ 75.768972, 67.981207, 59.665082, 56.06924 ] }, { "date": "2025-09-26", "close": 91.964897, "volume": 772950355, "typical_volume": 153436803.55, "trend": 53.827684, "fair_value": 44.027501, "relative_strength": 59.423887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.579907, "energy": 88.379972, "activity_lines": [ 82.204568, 73.477359, 63.195665, 58.618305 ] }, { "date": "2025-10-03", "close": 110.33844, "volume": 466272769, "typical_volume": 175725071.1, "trend": 55.82275, "fair_value": 44.572931, "relative_strength": 79.623934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.986911, "energy": 93.914297, "activity_lines": [ 93.008338, 81.486949, 68.26839, 62.26416 ] }, { "date": "2025-10-10", "close": 106.44986, "volume": 165972287, "typical_volume": 183021558.85, "trend": 57.700616, "fair_value": 45.098177, "relative_strength": 67.244469, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.645181, "energy": 87.863043, "activity_lines": [ 99.567075, 87.604391, 72.677337, 65.530425 ] }, { "date": "2025-10-17", "close": 105.963791, "volume": 270243519, "typical_volume": 196106567.45, "trend": 59.621273, "fair_value": 45.621425, "relative_strength": 63.927637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.968998, "energy": 77.585718, "activity_lines": [ 103.274188, 92.689593, 76.767733, 68.644179 ] }, { "date": "2025-10-24", "close": 110.824509, "volume": 320206743, "typical_volume": 211293735.1, "trend": 61.759844, "fair_value": 46.178621, "relative_strength": 67.220173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.734198, "energy": 73.925595, "activity_lines": [ 107.331271, 97.71293, 81.050223, 71.947613 ] }, { "date": "2025-10-31", "close": 113.254875, "volume": 254341430, "typical_volume": 223208768.1, "trend": 63.998057, "fair_value": 46.753909, "relative_strength": 63.927049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.866142, "energy": 69.228579, "activity_lines": [ 110.046796, 102.144143, 85.267982, 75.269873 ] }, { "date": "2025-11-07", "close": 105.963791, "volume": 182473209, "typical_volume": 230847963.05, "trend": 65.985471, "fair_value": 47.273249, "relative_strength": 54.417445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.550444, "energy": 64.475692, "activity_lines": [ 108.912628, 104.383611, 88.486244, 77.97734 ] }, { "date": "2025-11-14", "close": 97.020058, "volume": 181890680, "typical_volume": 238732979.45, "trend": 67.694943, "fair_value": 47.733583, "relative_strength": 41.011423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.730695, "energy": 54.703729, "activity_lines": [ 105.088859, 104.272257, 90.57219, 79.979571 ] }, { "date": "2025-11-21", "close": 89.437325, "volume": 166131281, "typical_volume": 244886221.3, "trend": 69.213756, "fair_value": 48.141402, "relative_strength": 33.442827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.468225, "energy": 38.884654, "activity_lines": [ 99.366166, 102.220147, 91.702887, 81.382306 ] }, { "date": "2025-11-28", "close": 85.257103, "volume": 230434800, "typical_volume": 255710508.75, "trend": 70.478345, "fair_value": 48.531077, "relative_strength": 20.83291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.947591, "energy": 27.155057, "activity_lines": [ 93.35183, 99.362041, 92.231548, 82.41736 ] }, { "date": "2025-12-05", "close": 86.229248, "volume": 82356365, "typical_volume": 258983354.3, "trend": 71.741185, "fair_value": 48.928379, "relative_strength": 19.886474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.915395, "energy": 28.23506, "activity_lines": [ 89.366036, 96.558729, 92.66369, 83.433548 ] }, { "date": "2025-12-12", "close": 85.257103, "volume": 103365750, "typical_volume": 262669399.7, "trend": 72.9592, "fair_value": 49.317775, "relative_strength": 16.811982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.479376, "energy": 27.561942, "activity_lines": [ 86.857902, 93.682948, 92.813909, 84.305542 ] }, { "date": "2025-12-19", "close": 81.854591, "volume": 91208853, "typical_volume": 262126913.3, "trend": 74.045168, "fair_value": 49.686197, "relative_strength": 13.446925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.399086, "energy": 19.819101, "activity_lines": [ 84.596043, 90.644552, 92.449123, 84.879439 ] }, { "date": "2025-12-26", "close": 84.09053, "volume": 128661446, "typical_volume": 257553981.4, "trend": 75.211877, "fair_value": 50.070347, "relative_strength": 12.338495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.70904, "energy": 20.901136, "activity_lines": [ 84.090528, 88.459878, 92.167201, 85.527526 ] }, { "date": "2026-01-02", "close": 81.951813, "volume": 51658488, "typical_volume": 256304026.05, "trend": 76.322821, "fair_value": 50.443579, "relative_strength": 6.007658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.718625, "energy": 19.76397, "activity_lines": [ 83.228561, 86.284042, 91.538085, 85.962361 ] }, { "date": "2026-01-09", "close": 81.076881, "volume": 63087415, "typical_volume": 243416679.0, "trend": 77.38597, "fair_value": 50.809527, "relative_strength": 1.24145, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.831, "energy": 29.444133, "activity_lines": [ 82.295302, 84.474085, 90.692319, 86.269075 ] }, { "date": "2026-01-16", "close": 86.423676, "volume": 213219524, "typical_volume": 234086451.65, "trend": 78.698366, "fair_value": 51.205843, "relative_strength": 3.61383, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.980243, "energy": 21.095887, "activity_lines": [ 83.4878, 84.221327, 90.282166, 86.852152 ] }, { "date": "2026-01-23", "close": 86.909752, "volume": 291780986, "typical_volume": 242809069.6, "trend": 79.992939, "fair_value": 51.605274, "relative_strength": 1.952494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.926696, "energy": 14.536297, "activity_lines": [ 84.764551, 84.412221, 89.821555, 87.381919 ] }, { "date": "2026-01-30", "close": 79.521454, "volume": 114992736, "typical_volume": 218244560.45, "trend": 81.089842, "fair_value": 51.957624, "relative_strength": -7.251352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.377264, "energy": 13.360122, "activity_lines": [ 83.241525, 83.443612, 88.55823, 87.351501 ] }, { "date": "2026-02-06", "close": 77.771591, "volume": 68121851, "typical_volume": 210968524.35, "trend": 82.164063, "fair_value": 52.294291, "relative_strength": -8.662179, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.097948, "energy": 23.341097, "activity_lines": [ 81.439817, 82.337135, 87.163434, 87.13742 ] }, { "date": "2026-02-13", "close": 77.577164, "volume": 29731723, "typical_volume": 173807592.75, "trend": 83.201017, "fair_value": 52.627758, "relative_strength": -13.931224, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.537506, "energy": 44.940573, "activity_lines": [ 79.851982, 81.331408, 85.753824, 86.841491 ] }, { "date": "2026-02-27", "close": 80.590813, "volume": 68506669, "typical_volume": 153919287.75, "trend": 84.382174, "fair_value": 52.980823, "relative_strength": -15.218188, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.589184, "energy": 51.164535, "activity_lines": [ 79.50201, 81.030928, 84.699742, 86.673091 ] }, { "date": "2026-03-06", "close": 70.286072, "volume": 73383401, "typical_volume": 149289843.45, "trend": 84.907132, "fair_value": 53.259738, "relative_strength": -22.003115, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -53.511862, "energy": 68.110664, "activity_lines": [ 76.105983, 78.9417, 82.805911, 85.763665 ] }, { "date": "2026-03-13", "close": 67.952927, "volume": 37462846, "typical_volume": 137650809.8, "trend": 85.373761, "fair_value": 53.519232, "relative_strength": -24.032532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.35144, "energy": 82.819179, "activity_lines": [ 73.040485, 76.6386, 80.862084, 84.669845 ] }, { "date": "2026-03-20", "close": 65.328133, "volume": 46366233, "typical_volume": 123958784.3, "trend": 85.752898, "fair_value": 53.742085, "relative_strength": -27.104804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.794385, "energy": 88.234247, "activity_lines": [ 69.871292, 74.151676, 78.849281, 83.376579 ] }, { "date": "2026-03-27", "close": 62.022839, "volume": 32549170, "typical_volume": 112869171.3, "trend": 85.633, "fair_value": 53.943193, "relative_strength": -29.737956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.004336, "energy": 92.368651, "activity_lines": [ 66.429898, 71.366038, 76.738338, 81.845607 ] }, { "date": "2026-04-03", "close": 59.009193, "volume": 28221181, "typical_volume": 105156569.9, "trend": 85.396445, "fair_value": 54.075863, "relative_strength": -31.872049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.411792, "energy": 92.503336, "activity_lines": [ 63.02091, 68.378902, 74.584343, 80.127942 ] }, { "date": "2026-04-10", "close": 58.037048, "volume": 36251372, "typical_volume": 97874604.5, "trend": 85.127485, "fair_value": 54.210674, "relative_strength": -38.142094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.810181, "energy": 91.65155, "activity_lines": [ 60.726648, 65.713457, 72.561356, 78.36282 ] }, { "date": "2026-04-17", "close": 61.147911, "volume": 47039444, "typical_volume": 91920012.65, "trend": 84.268757, "fair_value": 54.362357, "relative_strength": -36.956026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.730359, "energy": 84.820027, "activity_lines": [ 60.285942, 64.138583, 71.020274, 76.815751 ] }, { "date": "2026-04-24", "close": 59.300835, "volume": 43941809, "typical_volume": 82595363.1, "trend": 83.627141, "fair_value": 54.492152, "relative_strength": -41.84798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.174827, "energy": 78.134868, "activity_lines": [ 59.683213, 62.56194, 69.437993, 75.204917 ] }, { "date": "2026-05-01", "close": 60.661839, "volume": 50291017, "typical_volume": 80992095.7, "trend": 82.583705, "fair_value": 54.636533, "relative_strength": -40.21953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.395844, "energy": 64.295639, "activity_lines": [ 59.93597, 61.568585, 68.108932, 73.723285 ] }, { "date": "2026-05-08", "close": 70.772148, "volume": 180516865, "typical_volume": 84849651.45, "trend": 81.264829, "fair_value": 54.84377, "relative_strength": -34.466203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.956707, "energy": 45.825794, "activity_lines": [ 63.649565, 62.721019, 67.864507, 72.961249 ] }, { "date": "2026-05-15", "close": 67.46685, "volume": 80483805, "typical_volume": 84313399.05, "trend": 79.965395, "fair_value": 55.021446, "relative_strength": -36.55575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.609548, "energy": 33.347397, "activity_lines": [ 65.477196, 63.45101, 67.374268, 72.071057 ] }, { "date": "2026-05-22", "close": 70.091644, "volume": 50541437, "typical_volume": 80407398.6, "trend": 78.769657, "fair_value": 55.216785, "relative_strength": -35.521349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.320234, "energy": 27.03754, "activity_lines": [ 67.551105, 64.709496, 67.202522, 71.43404 ] }, { "date": "2026-05-29", "close": 72.910866, "volume": 247010914, "typical_volume": 90175019.9, "trend": 77.505869, "fair_value": 55.398939, "relative_strength": -36.316292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.441622, "energy": 25.474467, "activity_lines": [ 69.968506, 66.441682, 67.365935, 71.056054 ] }, { "date": "2026-06-05", "close": 76.216156, "volume": 473576477, "typical_volume": 110699473.0, "trend": 76.271245, "fair_value": 55.603397, "relative_strength": -33.625043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 7.811154, "energy": 23.208299, "activity_lines": [ 72.580335, 68.636962, 67.88719, 70.972847 ] }, { "date": "2026-06-12", "close": 69.022285, "volume": 112827718, "typical_volume": 105679882.7, "trend": 75.039862, "fair_value": 55.743879, "relative_strength": -38.345177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.052988, "energy": 19.07522, "activity_lines": [ 71.757252, 69.266205, 67.74646, 70.505172 ] }, { "date": "2026-06-19", "close": 70.0, "volume": 86848349, "typical_volume": 95433250.85, "trend": 74.139193, "fair_value": 55.887279, "relative_strength": -40.234512, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.613379, "energy": 16.173567, "activity_lines": [ 71.376732, 69.891158, 67.78171, 70.180019 ] }, { "date": "2026-06-26", "close": 67.900002, "volume": 80609931, "typical_volume": 93714110.6, "trend": 73.421282, "fair_value": 55.996333, "relative_strength": -39.28178, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.503499, "energy": 9.867033, "activity_lines": [ 70.127336, 69.916785, 67.697483, 69.777491 ] }, { "date": "2026-07-03", "close": 70.0, "volume": 35513893, "typical_volume": 92083712.7, "trend": 72.912712, "fair_value": 56.117701, "relative_strength": -40.068914, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.485464, "energy": 14.031132, "activity_lines": [ 69.724049, 70.201464, 67.868596, 69.556763 ] }, { "date": "2026-07-10", "close": 67.5, "volume": 0, "typical_volume": 90597126.55, "trend": 72.288404, "fair_value": 56.244291, "relative_strength": -40.125221, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.254688, "energy": 16.73335, "activity_lines": [ 68.681486, 69.837068, 67.838621, 69.207556 ] }, { "date": "2026-07-17", "close": 66.800003, "volume": 76172084, "typical_volume": 90980397.3, "trend": 71.673167, "fair_value": 56.379604, "relative_strength": -36.806648, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.099002, "energy": 19.80907, "activity_lines": [ 67.986668, 69.22107, 67.789966, 68.853465 ] }, { "date": "2026-07-24", "close": 66.199997, "volume": 34181250, "typical_volume": 89020289.75, "trend": 71.151347, "fair_value": 56.496712, "relative_strength": -38.560694, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.856676, "energy": 20.634927, "activity_lines": [ 67.24, 68.5682, 67.749839, 68.500358 ] }, { "date": "2026-07-31", "close": 64.800003, "volume": 50724295, "typical_volume": 89683362.2, "trend": 70.50833, "fair_value": 56.592786, "relative_strength": -38.909083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.107181, "energy": 25.070222, "activity_lines": [ 66.280001, 67.683819, 67.595836, 68.090594 ] }, { "date": "2026-08-07", "close": 66.0, "volume": 25840735, "typical_volume": 88657087.3, "trend": 69.976603, "fair_value": 56.702296, "relative_strength": -38.935486, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.188733, "energy": 27.15867, "activity_lines": [ 65.926667, 67.113832, 67.571132, 67.799734 ] }, { "date": "2026-08-14", "close": 70.599998, "volume": 54576237, "typical_volume": 89758440.65, "trend": 69.627373, "fair_value": 56.853353, "relative_strength": -36.587846, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.833395, "energy": 13.001518, "activity_lines": [ 67.373333, 67.50586, 67.981324, 67.839953 ] } ], "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." } } }