{ "ticker": { "uuid": "75579dee-b59d-453b-8344-a69be6e02ea5", "symbol": "3363", "name": "FOCI Fiber Optic Communications, Inc.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 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": 69.258, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -28.348, "architecture_energy": 27.496, "architecture_maturity": 25.558, "architecture_confidence": 76.966, "architecture_tenure": "Developing", "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": 44.78, "rotation_up": 25.67, "upward_expansion": 10.57, "deceleration": 62.09, "rotation_down": 47.1, "downward_expansion": 47.57 }, "activity_lines": [ 557.833333, 568.909091, 650.357143, 664.722962 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 586.0, "trend_reference": 644.372577, "distance_from_trend": -0.090588, "trend_direction": "Improving", "fair_value": 290.312106, "distance_from_fair_value": 1.018517, "fair_value_direction": "Weakening", "relative_strength": -17.265751, "relative_strength_direction": "Weakening", "price_momentum": 0.369159, "excess_performance": -0.072213, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.090588, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.114338, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.018517, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.487032, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.172658, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.557759, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.369159, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.448432, "read": "Demand-led" } ], "volume": { "latest": 19347167, "relative_activity": 1.254339, "balance": 1.448432, "dry_up": 1.142366, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.217642, "annualized_volatility": 0.97959, "from_high_reference": -0.449765, "from_low_reference": 1.166359 }, "levels": { "trend_reference": 644.372577, "fair_value_reference": 290.312106, "structural_low": 430.0, "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": 0.118548, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.076511, "regime_survival": 0.5, "best_return": 0.332362, "worst_return": -0.057823, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.295554, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.244735, "regime_survival": 0.0, "best_return": 0.728863, "worst_return": -0.137755, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.448983, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.328047, "regime_survival": 0.0, "best_return": 1.017493, "worst_return": -0.119526, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 1.87467, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 1.415162, "regime_survival": 0.0, "best_return": 3.787172, "worst_return": -0.037832, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-22", "tenure": "Developing", "return": 0.204678, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2024-12-13", "tenure": "New", "return": 0.181159, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-03-07", "tenure": "Developing", "return": 0.271008, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.469115, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.332362, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.025532, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.158859, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-29", "tenure": "Developing", "return": 0.365766, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-24", "tenure": "Developing", "return": -0.038728, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-12-05", "tenure": "Developing", "return": 0.132128, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-01-30", "tenure": "Developing", "return": -0.009512, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.065421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-07-10", "tenure": "Established", "return": 0.009967, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-17", "end": "2026-08-14", "tenure": "Developing", "return": 0.162698, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 52.686012, "volume": 44702626, "typical_volume": 66187128.15, "trend": 36.9031, "fair_value": 26.757876, "relative_strength": 60.737751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.647948, "energy": 65.495361, "activity_lines": [ 62.569894, 58.214997, 50.479675, 44.411447 ] }, { "date": "2023-08-18", "close": 58.11956, "volume": 42423975, "typical_volume": 68186542.35, "trend": 38.105557, "fair_value": 26.991601, "relative_strength": 76.357936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.631168, "energy": 53.981675, "activity_lines": [ 60.706963, 58.978175, 51.843695, 45.78025 ] }, { "date": "2023-08-25", "close": 50.745461, "volume": 37174864, "typical_volume": 70007205.45, "trend": 39.062211, "fair_value": 27.154778, "relative_strength": 50.94968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.454802, "energy": 31.293157, "activity_lines": [ 56.508901, 58.11593, 52.347104, 46.595728 ] }, { "date": "2023-09-01", "close": 48.22274, "volume": 20290260, "typical_volume": 69185967.05, "trend": 39.899629, "fair_value": 27.286543, "relative_strength": 40.358179, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.760109, "energy": 27.495428, "activity_lines": [ 52.660138, 56.688843, 52.491163, 47.18673 ] }, { "date": "2023-09-08", "close": 62.097694, "volume": 92982326, "typical_volume": 70556750.45, "trend": 41.210728, "fair_value": 27.527202, "relative_strength": 78.016827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.457953, "energy": 24.82717, "activity_lines": [ 54.969396, 57.706751, 53.876952, 48.618863 ] }, { "date": "2023-09-15", "close": 66.172852, "volume": 146471106, "typical_volume": 73963180.65, "trend": 42.651275, "fair_value": 27.792598, "relative_strength": 82.006425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.829559, "energy": 30.669061, "activity_lines": [ 58.902249, 59.07043, 55.497785, 50.229323 ] }, { "date": "2023-09-22", "close": 71.6064, "volume": 78945012, "typical_volume": 74263357.1, "trend": 44.263355, "fair_value": 28.089222, "relative_strength": 98.93887, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.16073, "energy": 46.644821, "activity_lines": [ 63.747162, 61.109775, 57.498087, 52.097395 ] }, { "date": "2023-09-29", "close": 71.70343, "volume": 105209036, "typical_volume": 77563193.55, "trend": 45.875475, "fair_value": 28.396722, "relative_strength": 94.423756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.662396, "energy": 60.213681, "activity_lines": [ 67.725296, 62.955064, 59.323661, 53.867723 ] }, { "date": "2023-10-06", "close": 73.255867, "volume": 82129991, "typical_volume": 72099202.6, "trend": 47.542538, "fair_value": 28.710847, "relative_strength": 92.088958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.371469, "energy": 70.541524, "activity_lines": [ 70.82371, 65.026162, 61.106949, 55.6342 ] }, { "date": "2023-10-13", "close": 75.196426, "volume": 47107528, "typical_volume": 68739936.45, "trend": 49.282273, "fair_value": 29.050437, "relative_strength": 89.591166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.91353, "energy": 73.597973, "activity_lines": [ 72.900103, 67.413043, 62.912213, 57.418322 ] }, { "date": "2023-10-20", "close": 69.016624, "volume": 80996079, "typical_volume": 66330225.2, "trend": 50.736139, "fair_value": 29.347919, "relative_strength": 73.969867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.72039, "energy": 57.477697, "activity_lines": [ 72.043312, 68.510494, 63.958441, 58.691505 ] }, { "date": "2023-10-27", "close": 70.211716, "volume": 67337000, "typical_volume": 65731605.7, "trend": 52.247414, "fair_value": 29.648904, "relative_strength": 76.490948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.347898, "energy": 43.546036, "activity_lines": [ 71.395301, 69.528314, 65.00071, 59.947994 ] }, { "date": "2023-11-03", "close": 68.917023, "volume": 31006000, "typical_volume": 65175641.45, "trend": 53.686777, "fair_value": 29.949073, "relative_strength": 66.026543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.36589, "energy": 36.823913, "activity_lines": [ 70.408705, 70.090878, 65.787534, 61.023453 ] }, { "date": "2023-11-10", "close": 64.236252, "volume": 29665000, "typical_volume": 65486976.9, "trend": 54.778412, "fair_value": 30.216742, "relative_strength": 50.627908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.60059, "energy": 24.741798, "activity_lines": [ 68.047612, 69.472001, 66.014235, 61.704064 ] }, { "date": "2023-11-17", "close": 72.004356, "volume": 42892000, "typical_volume": 66323918.4, "trend": 56.180104, "fair_value": 30.542521, "relative_strength": 60.478977, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.745319, "energy": 26.675508, "activity_lines": [ 68.877194, 69.974351, 66.884143, 62.815415 ] }, { "date": "2023-11-24", "close": 71.605988, "volume": 61452000, "typical_volume": 62944239.45, "trend": 57.32729, "fair_value": 30.861589, "relative_strength": 55.8114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.246237, "energy": 25.967113, "activity_lines": [ 69.786792, 70.22415, 67.565442, 63.810634 ] }, { "date": "2023-12-01", "close": 77.581451, "volume": 69543000, "typical_volume": 60542622.4, "trend": 58.814242, "fair_value": 31.21425, "relative_strength": 63.791202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.20499, "energy": 37.245452, "activity_lines": [ 72.515587, 71.461612, 68.708179, 65.117354 ] }, { "date": "2023-12-08", "close": 74.095764, "volume": 29614000, "typical_volume": 57431942.2, "trend": 60.224941, "fair_value": 31.534037, "relative_strength": 54.032619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.452329, "energy": 41.328558, "activity_lines": [ 73.59117, 71.956676, 69.435049, 66.103259 ] }, { "date": "2023-12-15", "close": 69.116211, "volume": 31843000, "typical_volume": 57835549.75, "trend": 61.226832, "fair_value": 31.818024, "relative_strength": 39.022826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.885496, "energy": 35.498683, "activity_lines": [ 72.661653, 71.502869, 69.661499, 66.676889 ] }, { "date": "2023-12-22", "close": 69.71376, "volume": 8056000, "typical_volume": 57492040.15, "trend": 62.237458, "fair_value": 32.105841, "relative_strength": 38.525382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.326163, "energy": 30.983114, "activity_lines": [ 71.605988, 71.232975, 69.954869, 67.224433 ] }, { "date": "2023-12-29", "close": 69.016624, "volume": 7899000, "typical_volume": 55651858.85, "trend": 63.061899, "fair_value": 32.393623, "relative_strength": 32.510093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.900057, "energy": 17.878299, "activity_lines": [ 70.470651, 70.936013, 70.164521, 67.661798 ] }, { "date": "2024-01-05", "close": 66.726028, "volume": 4889000, "typical_volume": 53775110.1, "trend": 63.870693, "fair_value": 32.65924, "relative_strength": 29.184309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.580673, "energy": 15.413047, "activity_lines": [ 68.744407, 70.222579, 70.078256, 67.898194 ] }, { "date": "2024-01-12", "close": 68.219894, "volume": 16856000, "typical_volume": 52759166.9, "trend": 64.647808, "fair_value": 32.941915, "relative_strength": 30.133655, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.624692, "energy": 12.322124, "activity_lines": [ 68.239812, 69.844133, 70.09328, 68.178787 ] }, { "date": "2024-01-19", "close": 70.51049, "volume": 25549796, "typical_volume": 53022143.7, "trend": 65.533228, "fair_value": 33.236225, "relative_strength": 31.113534, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.617413, "energy": 11.317105, "activity_lines": [ 68.890475, 69.894834, 70.243246, 68.557025 ] }, { "date": "2024-01-26", "close": 69.614166, "volume": 17010000, "typical_volume": 49223527.4, "trend": 66.50825, "fair_value": 33.531718, "relative_strength": 25.296444, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.902557, "energy": 9.52602, "activity_lines": [ 69.14941, 69.668491, 70.201715, 68.820311 ] }, { "date": "2024-02-02", "close": 76.98391, "volume": 65396000, "typical_volume": 45169772.1, "trend": 67.441082, "fair_value": 33.881103, "relative_strength": 35.711352, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.527769, "energy": 29.701194, "activity_lines": [ 71.871567, 70.825558, 70.826271, 69.49616 ] }, { "date": "2024-02-09", "close": 77.083496, "volume": 11556000, "typical_volume": 41800321.5, "trend": 68.011762, "fair_value": 34.235283, "relative_strength": 33.330525, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.532361, "energy": 52.326774, "activity_lines": [ 74.095766, 71.902952, 71.408831, 70.118251 ] }, { "date": "2024-02-16", "close": 85.847511, "volume": 34917000, "typical_volume": 38285719.7, "trend": 68.586727, "fair_value": 34.645089, "relative_strength": 41.739231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.179324, "energy": 76.310271, "activity_lines": [ 78.550806, 74.582857, 72.799977, 71.268945 ] }, { "date": "2024-02-23", "close": 100.089035, "volume": 152838000, "typical_volume": 41821120.15, "trend": 69.549085, "fair_value": 35.148681, "relative_strength": 59.212339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.073573, "energy": 92.600124, "activity_lines": [ 86.577846, 79.638462, 75.480106, 73.301352 ] }, { "date": "2024-03-01", "close": 120.007256, "volume": 113661000, "typical_volume": 45148793.75, "trend": 71.3468, "fair_value": 35.76582, "relative_strength": 85.242173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.267435, "energy": 98.512402, "activity_lines": [ 99.27239, 87.752419, 79.929432, 76.556718 ] }, { "date": "2024-03-08", "close": 120.007256, "volume": 47798000, "typical_volume": 43488889.8, "trend": 73.590841, "fair_value": 36.387948, "relative_strength": 72.851017, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.785371, "energy": 97.230968, "activity_lines": [ 108.607395, 94.951949, 84.165373, 79.696102 ] }, { "date": "2024-03-15", "close": 118.0, "volume": 17419000, "typical_volume": 40992989.8, "trend": 75.586856, "fair_value": 36.999979, "relative_strength": 66.730022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.493834, "energy": 91.742272, "activity_lines": [ 114.405092, 100.859421, 87.967334, 82.561209 ] }, { "date": "2024-03-22", "close": 113.0, "volume": 17350000, "typical_volume": 40310189.8, "trend": 77.662007, "fair_value": 37.579683, "relative_strength": 52.110055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.003981, "energy": 85.416388, "activity_lines": [ 115.808354, 104.925548, 91.065541, 84.97496 ] }, { "date": "2024-03-29", "close": 97.099998, "volume": 12041000, "typical_volume": 39428989.8, "trend": 79.291249, "fair_value": 38.04721, "relative_strength": 28.123398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.412136, "energy": 58.917145, "activity_lines": [ 110.101451, 105.286582, 92.439544, 86.229024 ] }, { "date": "2024-04-05", "close": 103.5, "volume": 26752000, "typical_volume": 38621989.8, "trend": 80.671326, "fair_value": 38.565461, "relative_strength": 33.89004, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.991394, "energy": 46.145619, "activity_lines": [ 106.72715, 106.327807, 94.266576, 87.790879 ] }, { "date": "2024-04-12", "close": 108.0, "volume": 52162000, "typical_volume": 38157489.8, "trend": 82.065564, "fair_value": 39.102583, "relative_strength": 34.819048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.899784, "energy": 34.41569, "activity_lines": [ 105.953333, 107.571107, 96.372201, 89.554019 ] }, { "date": "2024-04-19", "close": 105.5, "volume": 39457000, "typical_volume": 36653189.8, "trend": 83.195351, "fair_value": 39.597907, "relative_strength": 37.471656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.692315, "energy": 26.972732, "activity_lines": [ 105.146666, 107.795934, 98.066425, 91.065918 ] }, { "date": "2024-04-26", "close": 118.5, "volume": 65440000, "typical_volume": 38444489.8, "trend": 84.755237, "fair_value": 40.182107, "relative_strength": 47.332481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.02766, "energy": 36.773531, "activity_lines": [ 109.506667, 109.867733, 100.865799, 93.343637 ] }, { "date": "2024-05-03", "close": 119.5, "volume": 85494000, "typical_volume": 41127039.8, "trend": 86.296708, "fair_value": 40.778813, "relative_strength": 44.42463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.178183, "energy": 43.80467, "activity_lines": [ 113.833333, 111.527668, 103.548963, 95.585235 ] }, { "date": "2024-05-10", "close": 127.0, "volume": 109099000, "typical_volume": 46179189.8, "trend": 88.023494, "fair_value": 41.416391, "relative_strength": 47.831389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.986889, "energy": 48.596902, "activity_lines": [ 119.166667, 114.198314, 106.70649, 98.211254 ] }, { "date": "2024-05-17", "close": 140.0, "volume": 158546000, "typical_volume": 53711539.8, "trend": 90.389606, "fair_value": 42.160858, "relative_strength": 55.739215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.269773, "energy": 62.368546, "activity_lines": [ 127.266667, 119.105454, 110.82932, 101.564577 ] }, { "date": "2024-05-24", "close": 156.0, "volume": 93843000, "typical_volume": 58159239.8, "trend": 93.249216, "fair_value": 43.025347, "relative_strength": 67.379048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.944034, "energy": 79.198562, "activity_lines": [ 138.566667, 126.558182, 116.137943, 105.797506 ] }, { "date": "2024-05-31", "close": 143.0, "volume": 29287000, "typical_volume": 58780789.8, "trend": 95.718648, "fair_value": 43.804286, "relative_strength": 53.463174, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.043597, "energy": 74.158793, "activity_lines": [ 142.166667, 130.956364, 119.783358, 109.007234 ] }, { "date": "2024-06-07", "close": 153.5, "volume": 7539000, "typical_volume": 57880250.0, "trend": 98.694106, "fair_value": 44.645545, "relative_strength": 56.492646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.82372, "energy": 79.186023, "activity_lines": [ 147.633333, 136.718182, 124.072676, 112.735063 ] }, { "date": "2024-06-14", "close": 152.5, "volume": 48503000, "typical_volume": 59454900.0, "trend": 101.377295, "fair_value": 45.480947, "relative_strength": 48.351139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.661273, "energy": 77.910414, "activity_lines": [ 150.5, 141.272727, 127.871568, 116.206411 ] }, { "date": "2024-06-21", "close": 160.5, "volume": 73600000, "typical_volume": 59865100.0, "trend": 104.340428, "fair_value": 46.369018, "relative_strength": 48.39057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.197365, "energy": 71.497027, "activity_lines": [ 154.333333, 146.390909, 132.037671, 120.020779 ] }, { "date": "2024-06-28", "close": 157.0, "volume": 7176000, "typical_volume": 59646100.0, "trend": 106.987713, "fair_value": 47.230772, "relative_strength": 43.91229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.800962, "energy": 62.370621, "activity_lines": [ 155.633333, 149.918182, 135.472745, 123.418171 ] }, { "date": "2024-07-05", "close": 165.5, "volume": 3450000, "typical_volume": 58072750.0, "trend": 110.034521, "fair_value": 48.14633, "relative_strength": 45.906921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.213366, "energy": 59.573829, "activity_lines": [ 159.7, 154.054545, 139.336787, 127.193157 ] }, { "date": "2024-07-12", "close": 178.5, "volume": 83800000, "typical_volume": 54620850.0, "trend": 113.680647, "fair_value": 49.142919, "relative_strength": 52.563361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.750646, "energy": 61.030798, "activity_lines": [ 166.6, 159.7, 144.059627, 131.610284 ] }, { "date": "2024-07-19", "close": 165.5, "volume": 18099000, "typical_volume": 49842750.0, "trend": 116.873522, "fair_value": 50.044375, "relative_strength": 46.089593, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.38271, "energy": 52.782979, "activity_lines": [ 167.5, 161.909091, 147.170987, 134.953468 ] }, { "date": "2024-07-26", "close": 165.0, "volume": 2457000, "typical_volume": 47575700.0, "trend": 120.072968, "fair_value": 50.943489, "relative_strength": 48.658809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.658534, "energy": 51.11808, "activity_lines": [ 167.366667, 163.327273, 150.018095, 138.058403 ] }, { "date": "2024-08-02", "close": 154.5, "volume": 14619000, "typical_volume": 47435700.0, "trend": 122.998767, "fair_value": 51.772705, "relative_strength": 40.560655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.924653, "energy": 42.159289, "activity_lines": [ 163.433333, 162.381818, 151.650952, 140.279501 ] }, { "date": "2024-08-09", "close": 144.0, "volume": 26094000, "typical_volume": 47872900.0, "trend": 125.524771, "fair_value": 52.543823, "relative_strength": 30.296727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.976399, "energy": 23.543085, "activity_lines": [ 156.166667, 159.554545, 152.11, 141.63442 ] }, { "date": "2024-08-16", "close": 153.0, "volume": 27142000, "typical_volume": 48627950.0, "trend": 128.274421, "fair_value": 53.372058, "relative_strength": 31.368675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.970026, "energy": 19.5345, "activity_lines": [ 153.333333, 158.345455, 153.278571, 143.407015 ] }, { "date": "2024-08-23", "close": 172.0, "volume": 52434000, "typical_volume": 49912050.0, "trend": 131.687282, "fair_value": 54.328995, "relative_strength": 46.426537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.411197, "energy": 24.138598, "activity_lines": [ 158.533333, 160.6, 155.990476, 146.22802 ] }, { "date": "2024-08-30", "close": 189.0, "volume": 58823000, "typical_volume": 50245100.0, "trend": 135.421152, "fair_value": 55.395769, "relative_strength": 56.921542, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.282242, "energy": 43.055125, "activity_lines": [ 168.966667, 165.590909, 159.995238, 149.925615 ] }, { "date": "2024-09-06", "close": 171.0, "volume": 47922000, "typical_volume": 50668350.0, "trend": 138.551702, "fair_value": 56.343994, "relative_strength": 45.307317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.013321, "energy": 44.338007, "activity_lines": [ 171.8, 166.790909, 161.9, 152.221024 ] }, { "date": "2024-09-13", "close": 162.5, "volume": 31375000, "typical_volume": 48965100.0, "trend": 141.106785, "fair_value": 57.235141, "relative_strength": 34.351386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.107179, "energy": 42.088199, "activity_lines": [ 170.7, 166.190909, 162.683333, 153.766076 ] }, { "date": "2024-09-20", "close": 178.5, "volume": 46949000, "typical_volume": 47037850.0, "trend": 143.720484, "fair_value": 58.228276, "relative_strength": 43.098395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.440128, "energy": 45.229477, "activity_lines": [ 173.7, 168.554545, 164.780952, 156.178541 ] }, { "date": "2024-09-27", "close": 175.5, "volume": 84371000, "typical_volume": 45801450.0, "trend": 145.570242, "fair_value": 59.194985, "relative_strength": 35.078761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.163898, "energy": 33.314202, "activity_lines": [ 174.0, 170.372727, 166.311905, 158.228833 ] }, { "date": "2024-10-04", "close": 194.5, "volume": 52657000, "typical_volume": 40507000.0, "trend": 148.053333, "fair_value": 60.282339, "relative_strength": 51.006872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.54035, "energy": 41.709555, "activity_lines": [ 180.4, 175.463636, 169.421429, 161.385591 ] }, { "date": "2024-10-11", "close": 246.0, "volume": 156369000, "typical_volume": 43633300.0, "trend": 152.32, "fair_value": 61.707878, "relative_strength": 82.197337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.818506, "energy": 80.714379, "activity_lines": [ 203.6, 189.381818, 177.17619, 167.704731 ] }, { "date": "2024-10-18", "close": 231.5, "volume": 13709000, "typical_volume": 42854400.0, "trend": 156.27, "fair_value": 63.031836, "relative_strength": 64.153103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.783089, "energy": 83.842553, "activity_lines": [ 216.966667, 199.0, 183.121429, 172.813118 ] }, { "date": "2024-10-25", "close": 233.5, "volume": 9576000, "typical_volume": 42956250.0, "trend": 160.816667, "fair_value": 64.369764, "relative_strength": 63.59581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.597142, "energy": 85.310493, "activity_lines": [ 226.4, 207.390909, 188.835714, 177.795699 ] }, { "date": "2024-11-01", "close": 207.0, "volume": 39548000, "typical_volume": 42508500.0, "trend": 164.266667, "fair_value": 65.518827, "relative_strength": 46.385743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.760401, "energy": 77.668327, "activity_lines": [ 223.333333, 209.5, 191.645238, 180.775269 ] }, { "date": "2024-11-08", "close": 213.0, "volume": 18309000, "typical_volume": 39743950.0, "trend": 167.766667, "fair_value": 66.689658, "relative_strength": 43.373825, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.839317, "energy": 51.300568, "activity_lines": [ 220.166667, 212.063636, 194.766667, 183.919355 ] }, { "date": "2024-11-15", "close": 203.5, "volume": 2021000, "typical_volume": 39486200.0, "trend": 171.033333, "fair_value": 67.791245, "relative_strength": 39.833572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.905636, "energy": 38.821154, "activity_lines": [ 212.6, 212.463636, 196.733333, 186.224731 ] }, { "date": "2024-11-22", "close": 206.0, "volume": 37373342, "typical_volume": 41182367.1, "trend": 173.95, "fair_value": 68.922673, "relative_strength": 38.533043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.431628, "energy": 24.666194, "activity_lines": [ 208.7, 212.727273, 198.716667, 188.480645 ] }, { "date": "2024-11-29", "close": 207.0, "volume": 35855000, "typical_volume": 38785117.1, "trend": 176.866667, "fair_value": 70.050726, "relative_strength": 41.190721, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.165992, "energy": 21.495376, "activity_lines": [ 206.833333, 212.381818, 200.602381, 190.612903 ] }, { "date": "2024-12-06", "close": 222.0, "volume": 3380000, "typical_volume": 38049167.1, "trend": 180.033333, "fair_value": 71.285581, "relative_strength": 43.12613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.349041, "energy": 26.212714, "activity_lines": [ 211.733333, 214.245455, 203.780952, 193.524731 ] }, { "date": "2024-12-13", "close": 244.5, "volume": 44575000, "typical_volume": 40155067.1, "trend": 183.516667, "fair_value": 72.646248, "relative_strength": 55.808828, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.495462, "energy": 42.630897, "activity_lines": [ 223.133333, 219.354545, 208.833333, 197.683871 ] }, { "date": "2024-12-20", "close": 238.0, "volume": 44025000, "typical_volume": 41625367.1, "trend": 186.25, "fair_value": 73.970716, "relative_strength": 52.264538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.65018, "energy": 47.75213, "activity_lines": [ 230.266667, 222.372727, 212.888095, 201.198925 ] }, { "date": "2024-12-27", "close": 245.0, "volume": 3418000, "typical_volume": 40491567.1, "trend": 189.65, "fair_value": 75.350129, "relative_strength": 48.83612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.125328, "energy": 62.501924, "activity_lines": [ 237.433333, 226.809091, 217.211905, 204.989247 ] }, { "date": "2025-01-03", "close": 250.0, "volume": 3000000, "typical_volume": 39284467.1, "trend": 192.866667, "fair_value": 76.760154, "relative_strength": 51.384715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.929839, "energy": 68.81184, "activity_lines": [ 243.666667, 231.909091, 221.530952, 208.882796 ] }, { "date": "2025-01-10", "close": 306.5, "volume": 69086000, "typical_volume": 40117067.1, "trend": 198.0, "fair_value": 78.532647, "relative_strength": 80.231492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.961, "energy": 88.527902, "activity_lines": [ 265.866667, 246.981818, 230.769048, 216.213978 ] }, { "date": "2025-01-17", "close": 332.0, "volume": 17790000, "typical_volume": 38065417.1, "trend": 203.716667, "fair_value": 80.485294, "relative_strength": 88.985158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.747974, "energy": 93.022381, "activity_lines": [ 290.933333, 264.881818, 241.795238, 224.85914 ] }, { "date": "2025-01-24", "close": 357.5, "volume": 4094000, "typical_volume": 35874017.1, "trend": 210.4, "fair_value": 82.603129, "relative_strength": 94.649309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.402308, "energy": 95.810084, "activity_lines": [ 318.666667, 285.254545, 254.569048, 234.780645 ] }, { "date": "2025-02-07", "close": 335.0, "volume": 7794823, "typical_volume": 34695008.25, "trend": 216.05, "fair_value": 84.579035, "relative_strength": 78.368636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.985179, "energy": 89.019195, "activity_lines": [ 330.933333, 298.736364, 264.311905, 242.819355 ] }, { "date": "2025-02-14", "close": 329.0, "volume": 44729242, "typical_volume": 34584020.35, "trend": 221.066667, "fair_value": 86.520509, "relative_strength": 73.487962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.45438, "energy": 82.190962, "activity_lines": [ 335.2, 308.781818, 272.661905, 250.106452 ] }, { "date": "2025-02-21", "close": 313.0, "volume": 24390379, "typical_volume": 31584989.3, "trend": 225.983333, "fair_value": 88.35021, "relative_strength": 57.854675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.414029, "energy": 59.265971, "activity_lines": [ 328.866667, 313.7, 278.771429, 256.037634 ] }, { "date": "2025-02-28", "close": 310.0, "volume": 3257049, "typical_volume": 29114991.75, "trend": 230.816667, "fair_value": 90.164133, "relative_strength": 57.970906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.927638, "energy": 49.409212, "activity_lines": [ 321.1, 316.418182, 283.940476, 261.458065 ] }, { "date": "2025-03-07", "close": 302.5, "volume": 2818051, "typical_volume": 21437444.3, "trend": 235.75, "fair_value": 91.935448, "relative_strength": 54.935025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.768787, "energy": 36.321465, "activity_lines": [ 312.3, 316.581818, 287.845238, 266.082796 ] }, { "date": "2025-03-14", "close": 299.5, "volume": 41708951, "typical_volume": 22837441.85, "trend": 240.933333, "fair_value": 93.68782, "relative_strength": 55.035131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.991582, "energy": 26.46189, "activity_lines": [ 306.166667, 315.027273, 291.195238, 270.195699 ] }, { "date": "2025-03-21", "close": 284.5, "volume": 9077216, "typical_volume": 22812502.65, "trend": 245.316667, "fair_value": 95.352672, "relative_strength": 43.532914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.324257, "energy": 20.275403, "activity_lines": [ 297.4, 309.754545, 292.792857, 273.006452 ] }, { "date": "2025-03-28", "close": 273.5, "volume": 2911547, "typical_volume": 20980680.0, "trend": 248.7, "fair_value": 96.93665, "relative_strength": 39.725488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.256891, "energy": 19.500794, "activity_lines": [ 287.933333, 301.854545, 293.1, 274.824731 ] }, { "date": "2025-04-04", "close": 217.0, "volume": 20547021, "typical_volume": 21092581.05, "trend": 249.633333, "fair_value": 98.152117, "relative_strength": 11.17157, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.608019, "energy": 20.722873, "activity_lines": [ 262.266667, 284.281818, 287.709524, 272.77957 ] }, { "date": "2025-04-11", "close": 159.0, "volume": 4708902, "typical_volume": 21226976.15, "trend": 249.233333, "fair_value": 98.999243, "relative_strength": -11.727281, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -45.515517, "energy": 43.816037, "activity_lines": [ 223.466667, 258.254545, 276.77619, 266.932258 ] }, { "date": "2025-04-18", "close": 171.5, "volume": 3558986, "typical_volume": 19536258.35, "trend": 249.533333, "fair_value": 99.929951, "relative_strength": -4.852029, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.624572, "energy": 66.098778, "activity_lines": [ 198.4, 238.109091, 267.245238, 261.917204 ] }, { "date": "2025-04-25", "close": 168.5, "volume": 2836367, "typical_volume": 17885326.7, "trend": 249.2, "fair_value": 100.850637, "relative_strength": -9.340685, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.886429, "energy": 72.199984, "activity_lines": [ 180.866667, 220.390909, 257.592857, 256.689247 ] }, { "date": "2025-05-02", "close": 191.0, "volume": 32901461, "typical_volume": 19361399.75, "trend": 249.716667, "fair_value": 101.914403, "relative_strength": -2.419621, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.878587, "energy": 72.335028, "activity_lines": [ 178.566667, 209.681818, 250.266667, 252.934409 ] }, { "date": "2025-05-09", "close": 230.0, "volume": 63911541, "typical_volume": 20328226.8, "trend": 250.9, "fair_value": 103.237091, "relative_strength": 15.58105, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.583642, "energy": 54.012907, "activity_lines": [ 194.766667, 208.281818, 246.802381, 251.662366 ] }, { "date": "2025-05-16", "close": 228.5, "volume": 13054169, "typical_volume": 18779685.25, "trend": 250.316667, "fair_value": 104.5493, "relative_strength": 8.992103, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -47.647462, "energy": 36.094701, "activity_lines": [ 209.6, 208.063636, 243.264286, 250.217204 ] }, { "date": "2025-05-23", "close": 235.0, "volume": 1717312, "typical_volume": 18694650.85, "trend": 250.433333, "fair_value": 105.911235, "relative_strength": 12.124844, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.772609, "energy": 24.632251, "activity_lines": [ 221.966667, 210.372727, 240.390476, 249.229032 ] }, { "date": "2025-05-30", "close": 236.5, "volume": 23769236, "typical_volume": 19733112.65, "trend": 250.533333, "fair_value": 107.278467, "relative_strength": 13.584797, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.230467, "energy": 27.45517, "activity_lines": [ 230.6, 214.127273, 237.707143, 248.330108 ] }, { "date": "2025-06-06", "close": 241.0, "volume": 34306341, "typical_volume": 17994129.7, "trend": 251.666667, "fair_value": 108.673682, "relative_strength": 13.096517, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.62162, "energy": 24.180128, "activity_lines": [ 236.2, 219.572727, 235.516667, 247.715054 ] }, { "date": "2025-06-13", "close": 245.5, "volume": 2146684, "typical_volume": 17211963.9, "trend": 252.75, "fair_value": 110.094003, "relative_strength": 12.157519, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.098109, "energy": 22.532266, "activity_lines": [ 239.966667, 226.427273, 234.066667, 247.317204 ] }, { "date": "2025-06-20", "close": 260.0, "volume": 3057556, "typical_volume": 17160141.7, "trend": 254.633333, "fair_value": 111.605832, "relative_strength": 17.782493, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.822279, "energy": 14.373176, "activity_lines": [ 247.533333, 235.4, 234.409524, 247.784946 ] }, { "date": "2025-06-27", "close": 284.5, "volume": 30446796, "typical_volume": 18292740.35, "trend": 257.25, "fair_value": 113.283635, "relative_strength": 24.469388, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.572151, "energy": 29.66755, "activity_lines": [ 261.166667, 246.990909, 237.55, 249.711828 ] }, { "date": "2025-07-04", "close": 277.5, "volume": 20041325, "typical_volume": 17058344.5, "trend": 259.6, "fair_value": 114.916247, "relative_strength": 20.327127, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.746807, "energy": 42.21382, "activity_lines": [ 269.166667, 255.254545, 240.264286, 251.01828 ] }, { "date": "2025-07-11", "close": 290.5, "volume": 26342539, "typical_volume": 17155952.5, "trend": 261.883333, "fair_value": 116.638335, "relative_strength": 23.503638, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.257297, "energy": 57.670277, "activity_lines": [ 278.766667, 263.9, 244.461905, 253.011828 ] }, { "date": "2025-07-18", "close": 296.5, "volume": 16747875, "typical_volume": 17830493.8, "trend": 263.616667, "fair_value": 118.39397, "relative_strength": 21.46826, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.53786, "energy": 62.618312, "activity_lines": [ 287.066667, 271.827273, 249.338095, 255.245161 ] }, { "date": "2025-07-25", "close": 297.0, "volume": 25373746, "typical_volume": 18958278.55, "trend": 265.583333, "fair_value": 120.150967, "relative_strength": 20.554846, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.86385, "energy": 58.351596, "activity_lines": [ 292.133333, 278.636364, 254.32619, 257.398925 ] }, { "date": "2025-08-01", "close": 304.0, "volume": 24399386, "typical_volume": 18092800.3, "trend": 267.55, "fair_value": 121.950378, "relative_strength": 21.802968, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.908042, "energy": 57.577015, "activity_lines": [ 297.066667, 285.472727, 260.007143, 259.877419 ] }, { "date": "2025-08-08", "close": 276.0, "volume": 18080510, "typical_volume": 18542965.0, "trend": 268.416667, "fair_value": 123.569687, "relative_strength": 7.041819, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.963592, "energy": 37.486319, "activity_lines": [ 291.366667, 285.963636, 263.0, 260.422581 ] }, { "date": "2025-08-15", "close": 357.5, "volume": 77559537, "typical_volume": 22275364.5, "trend": 270.116667, "fair_value": 125.704673, "relative_strength": 34.935495, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.454078, "energy": 55.810478, "activity_lines": [ 312.933333, 300.554545, 273.795238, 266.169892 ] }, { "date": "2025-08-22", "close": 328.0, "volume": 33296852, "typical_volume": 22912856.05, "trend": 269.983333, "fair_value": 127.649943, "relative_strength": 25.231701, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.697528, "energy": 49.997571, "activity_lines": [ 320.2, 307.663636, 281.380952, 269.904301 ] }, { "date": "2025-08-29", "close": 379.0, "volume": 10048521, "typical_volume": 23179837.0, "trend": 270.7, "fair_value": 129.918756, "relative_strength": 39.981322, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.606106, "energy": 81.999008, "activity_lines": [ 342.366667, 322.545455, 293.295238, 276.937634 ] }, { "date": "2025-09-05", "close": 361.5, "volume": 36671869, "typical_volume": 24835481.15, "trend": 271.583333, "fair_value": 132.076618, "relative_strength": 30.681971, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.849291, "energy": 82.572465, "activity_lines": [ 353.233333, 332.081818, 302.495238, 282.795699 ] }, { "date": "2025-09-12", "close": 366.0, "volume": 18497779, "typical_volume": 25618551.75, "trend": 272.816667, "fair_value": 134.267628, "relative_strength": 25.849217, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.458706, "energy": 76.975578, "activity_lines": [ 361.766667, 341.036364, 311.219048, 288.887097 ] }, { "date": "2025-09-19", "close": 360.5, "volume": 2281648, "typical_volume": 24087561.1, "trend": 274.4, "fair_value": 136.427989, "relative_strength": 22.092607, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.507596, "energy": 72.174074, "activity_lines": [ 362.466667, 347.381818, 318.478571, 294.544086 ] }, { "date": "2025-09-26", "close": 349.0, "volume": 36165996, "typical_volume": 22700283.85, "trend": 275.7, "fair_value": 138.516169, "relative_strength": 17.098724, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.358215, "energy": 50.625676, "activity_lines": [ 359.133333, 350.363636, 323.835714, 299.356989 ] }, { "date": "2025-10-03", "close": 365.0, "volume": 13281621, "typical_volume": 22711656.45, "trend": 277.783333, "fair_value": 140.708141, "relative_strength": 15.925313, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.863456, "energy": 47.269101, "activity_lines": [ 359.733333, 355.3, 330.15, 305.11828 ] }, { "date": "2025-10-10", "close": 372.5, "volume": 15045747, "typical_volume": 23378078.2, "trend": 280.216667, "fair_value": 142.952799, "relative_strength": 15.037999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.288721, "energy": 46.285224, "activity_lines": [ 363.766667, 360.363636, 336.528571, 311.229032 ] }, { "date": "2025-10-17", "close": 346.0, "volume": 14109383, "typical_volume": 22895085.55, "trend": 282.266667, "fair_value": 145.027892, "relative_strength": 6.518764, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.904918, "energy": 34.513817, "activity_lines": [ 358.233333, 359.363636, 339.728571, 315.473118 ] }, { "date": "2025-10-24", "close": 347.5, "volume": 13961381, "typical_volume": 21877837.55, "trend": 284.733333, "fair_value": 147.119666, "relative_strength": 5.615222, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.502399, "energy": 30.574726, "activity_lines": [ 354.533333, 357.363636, 342.55, 319.68172 ] }, { "date": "2025-10-31", "close": 359.5, "volume": 18726008, "typical_volume": 22706803.75, "trend": 289.483333, "fair_value": 149.291436, "relative_strength": 6.082705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.170236, "energy": 28.276275, "activity_lines": [ 355.7, 357.727273, 346.007143, 324.505376 ] }, { "date": "2025-11-07", "close": 360.0, "volume": 14745145, "typical_volume": 23291183.2, "trend": 296.183333, "fair_value": 151.465489, "relative_strength": 7.786841, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.612443, "energy": 24.651458, "activity_lines": [ 356.333333, 357.609091, 348.969048, 329.054839 ] }, { "date": "2025-11-14", "close": 355.5, "volume": 15661036, "typical_volume": 22551895.2, "trend": 302.316667, "fair_value": 153.603938, "relative_strength": 6.757528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.057223, "energy": 24.890287, "activity_lines": [ 355.8, 357.018182, 351.02619, 332.88172 ] }, { "date": "2025-11-21", "close": 331.5, "volume": 19070868, "typical_volume": 22503372.35, "trend": 307.75, "fair_value": 155.591305, "relative_strength": 2.59202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.057213, "energy": 17.527038, "activity_lines": [ 348.4, 352.172727, 350.459524, 334.764516 ] }, { "date": "2025-11-28", "close": 375.5, "volume": 34040810, "typical_volume": 22888285.9, "trend": 313.9, "fair_value": 157.860416, "relative_strength": 10.398289, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.113931, "energy": 28.546867, "activity_lines": [ 356.633333, 355.954545, 353.82619, 339.135484 ] }, { "date": "2025-12-05", "close": 407.0, "volume": 34370473, "typical_volume": 23769415.8, "trend": 319.8, "fair_value": 160.332679, "relative_strength": 17.183284, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 70.257181, "energy": 43.22102, "activity_lines": [ 373.5, 365.190909, 359.788095, 345.141935 ] }, { "date": "2025-12-12", "close": 420.5, "volume": 4945576, "typical_volume": 22748007.3, "trend": 326.2, "fair_value": 162.873355, "relative_strength": 19.152058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.538505, "energy": 64.31312, "activity_lines": [ 391.7, 375.827273, 366.509524, 351.63871 ] }, { "date": "2025-12-19", "close": 407.0, "volume": 12460941, "typical_volume": 22151085.05, "trend": 331.933333, "fair_value": 165.338245, "relative_strength": 16.685199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.83449, "energy": 68.860454, "activity_lines": [ 401.366667, 383.0, 371.357143, 356.851613 ] }, { "date": "2025-12-26", "close": 424.5, "volume": 20059055, "typical_volume": 22250012.3, "trend": 338.2, "fair_value": 167.918079, "relative_strength": 17.269889, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.33192, "energy": 77.251956, "activity_lines": [ 413.433333, 392.727273, 377.380952, 362.823656 ] }, { "date": "2026-01-02", "close": 453.5, "volume": 22738446, "typical_volume": 19508957.75, "trend": 345.283333, "fair_value": 170.685961, "relative_strength": 20.988849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.526459, "energy": 81.214471, "activity_lines": [ 428.966667, 406.3, 385.459524, 370.262366 ] }, { "date": "2026-01-09", "close": 429.0, "volume": 18631292, "typical_volume": 18775679.75, "trend": 351.4, "fair_value": 173.296178, "relative_strength": 10.363571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.82404, "energy": 67.186149, "activity_lines": [ 431.133333, 413.490909, 390.747619, 375.663441 ] }, { "date": "2026-01-16", "close": 395.677307, "volume": 12644945, "typical_volume": 18905500.95, "trend": 355.922577, "fair_value": 175.689715, "relative_strength": -1.731614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.671213, "energy": 45.852389, "activity_lines": [ 420.725769, 413.35951, 392.381172, 378.520041 ] }, { "date": "2026-01-23", "close": 412.5, "volume": 13793576, "typical_volume": 17761586.3, "trend": 360.189244, "fair_value": 178.192626, "relative_strength": 0.891837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.350928, "energy": 38.353019, "activity_lines": [ 417.580615, 415.638105, 395.537471, 382.170198 ] }, { "date": "2026-01-30", "close": 416.5, "volume": 24468618, "typical_volume": 18060128.25, "trend": 364.822577, "fair_value": 180.721179, "relative_strength": 1.883325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.927724, "energy": 25.930114, "activity_lines": [ 415.402128, 417.607608, 398.831864, 385.80315 ] }, { "date": "2026-02-06", "close": 428.0, "volume": 33800449, "typical_volume": 19636068.3, "trend": 369.40591, "fair_value": 183.31669, "relative_strength": 5.749465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.631985, "energy": 24.644941, "activity_lines": [ 417.590308, 420.122566, 402.98102, 389.879112 ] }, { "date": "2026-02-13", "close": 456.0, "volume": 13920470, "typical_volume": 18523792.0, "trend": 374.722577, "fair_value": 186.093839, "relative_strength": 6.659741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.721617, "energy": 38.782421, "activity_lines": [ 430.81182, 426.773888, 409.475414, 395.465828 ] }, { "date": "2026-02-27", "close": 602.0, "volume": 27271605, "typical_volume": 19223291.2, "trend": 384.889244, "fair_value": 189.805657, "relative_strength": 32.852897, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.807592, "energy": 79.754244, "activity_lines": [ 490.9, 459.079755, 429.365046, 410.128887 ] }, { "date": "2026-03-06", "close": 592.0, "volume": 10445875, "typical_volume": 18993297.6, "trend": 394.489244, "fair_value": 193.451529, "relative_strength": 36.845056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.572348, "energy": 87.608491, "activity_lines": [ 533.9, 486.267441, 447.173725, 423.490872 ] }, { "date": "2026-03-13", "close": 624.0, "volume": 7387360, "typical_volume": 18657196.45, "trend": 406.089244, "fair_value": 197.301914, "relative_strength": 43.96636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.072834, "energy": 92.342659, "activity_lines": [ 575.6, 515.909671, 466.984786, 438.298017 ] }, { "date": "2026-03-20", "close": 734.0, "volume": 37823467, "typical_volume": 19850300.75, "trend": 418.639244, "fair_value": 201.858043, "relative_strength": 66.584076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.994935, "energy": 96.804087, "activity_lines": [ 640.133333, 561.924629, 495.948227, 459.45355 ] }, { "date": "2026-03-27", "close": 642.0, "volume": 15688668, "typical_volume": 19698433.75, "trend": 429.10591, "fair_value": 205.825964, "relative_strength": 46.194148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.43487, "energy": 85.846705, "activity_lines": [ 653.6, 586.112315, 514.309288, 473.863921 ] }, { "date": "2026-04-03", "close": 600.0, "volume": 2397551, "typical_volume": 19081054.05, "trend": 436.472577, "fair_value": 209.509293, "relative_strength": 37.745307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.931394, "energy": 61.947999, "activity_lines": [ 640.666667, 598.790909, 527.32511, 484.889347 ] }, { "date": "2026-04-10", "close": 784.0, "volume": 10769652, "typical_volume": 18836484.85, "trend": 450.55591, "fair_value": 214.375488, "relative_strength": 62.731581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.078401, "energy": 68.249117, "activity_lines": [ 689.2, 641.209091, 556.721885, 507.310471 ] }, { "date": "2026-04-17", "close": 899.0, "volume": 26822243, "typical_volume": 19224053.6, "trend": 468.322577, "fair_value": 219.973334, "relative_strength": 75.53074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.464722, "energy": 71.293093, "activity_lines": [ 763.266667, 697.781818, 595.030564, 536.242347 ] }, { "date": "2026-04-24", "close": 821.0, "volume": 27386555, "typical_volume": 18891340.85, "trend": 483.672577, "fair_value": 225.034313, "relative_strength": 49.017312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.233621, "energy": 62.590803, "activity_lines": [ 793.0, 731.4, 623.208291, 558.99573 ] }, { "date": "2026-05-01", "close": 769.0, "volume": 4067326, "typical_volume": 17376183.5, "trend": 497.672577, "fair_value": 229.77179, "relative_strength": 37.49274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.308419, "energy": 59.197158, "activity_lines": [ 799.6, 748.418182, 644.312209, 577.40395 ] }, { "date": "2026-05-08", "close": 810.0, "volume": 3101166, "typical_volume": 17283963.0, "trend": 512.50591, "fair_value": 234.725698, "relative_strength": 33.664271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.258844, "energy": 56.036633, "activity_lines": [ 811.4, 767.2, 667.597079, 597.554107 ] }, { "date": "2026-05-15", "close": 841.0, "volume": 21917263, "typical_volume": 17756779.1, "trend": 528.122577, "fair_value": 239.905359, "relative_strength": 38.510186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.248038, "energy": 51.798759, "activity_lines": [ 819.533333, 787.836364, 691.979568, 618.747274 ] }, { "date": "2026-05-22", "close": 852.0, "volume": 11348824, "typical_volume": 17321267.55, "trend": 544.989244, "fair_value": 245.163213, "relative_strength": 34.977912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.234872, "energy": 48.159013, "activity_lines": [ 827.533333, 805.945455, 715.343009, 639.642591 ] }, { "date": "2026-05-29", "close": 797.0, "volume": 17282614, "typical_volume": 17048475.95, "trend": 559.972577, "fair_value": 250.021806, "relative_strength": 18.246503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.707755, "energy": 43.847253, "activity_lines": [ 820.333333, 809.909091, 731.432641, 655.90135 ] }, { "date": "2026-06-05", "close": 908.0, "volume": 20174521, "typical_volume": 17125637.4, "trend": 578.25591, "fair_value": 255.589787, "relative_strength": 32.175077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.060682, "energy": 48.972758, "activity_lines": [ 851.733333, 832.909091, 756.457987, 678.354732 ] }, { "date": "2026-06-12", "close": 737.0, "volume": 18230367, "typical_volume": 17404908.5, "trend": 590.822577, "fair_value": 260.030278, "relative_strength": 8.711144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.716036, "energy": 32.365549, "activity_lines": [ 816.866667, 819.981818, 762.916667, 688.596286 ] }, { "date": "2026-06-19", "close": 712.0, "volume": 10850122, "typical_volume": 17257735.8, "trend": 602.70591, "fair_value": 264.322187, "relative_strength": -0.689135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.287305, "energy": 23.138555, "activity_lines": [ 778.533333, 800.018182, 765.369048, 696.414184 ] }, { "date": "2026-06-26", "close": 575.0, "volume": 13150066, "typical_volume": 16691808.2, "trend": 610.822577, "fair_value": 267.720222, "relative_strength": -16.506265, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.436058, "energy": 12.622743, "activity_lines": [ 703.133333, 756.454545, 753.347619, 694.626706 ] }, { "date": "2026-07-03", "close": 581.0, "volume": 15187337, "typical_volume": 15761152.6, "trend": 617.672577, "fair_value": 271.162864, "relative_strength": -19.600515, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -5.617108, "energy": 22.651576, "activity_lines": [ 648.2, 719.872727, 741.142857, 692.702669 ] }, { "date": "2026-07-10", "close": 608.0, "volume": 23664923, "typical_volume": 16248375.25, "trend": 624.372577, "fair_value": 274.801559, "relative_strength": -13.337351, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -19.532252, "energy": 31.472021, "activity_lines": [ 616.666667, 692.563636, 730.780952, 692.078632 ] }, { "date": "2026-07-17", "close": 504.0, "volume": 11653079, "typical_volume": 15467448.95, "trend": 627.15591, "fair_value": 277.718233, "relative_strength": -23.552722, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.724013, "energy": 55.062112, "activity_lines": [ 570.466667, 649.272727, 709.790476, 684.312659 ] }, { "date": "2026-07-24", "close": 582.0, "volume": 19914290, "typical_volume": 15940869.7, "trend": 632.989244, "fair_value": 281.064623, "relative_strength": -13.780509, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.26478, "energy": 52.954471, "activity_lines": [ 565.8, 625.727273, 696.695238, 681.399375 ] }, { "date": "2026-07-31", "close": 480.5, "volume": 15428832, "typical_volume": 16342943.3, "trend": 634.85591, "fair_value": 283.705017, "relative_strength": -27.792897, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.299976, "energy": 53.724863, "activity_lines": [ 535.966667, 588.436364, 673.980952, 671.561359 ] }, { "date": "2026-08-07", "close": 582.0, "volume": 15790055, "typical_volume": 15241272.7, "trend": 639.139244, "fair_value": 286.979259, "relative_strength": -14.747404, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.183501, "energy": 37.396322, "activity_lines": [ 546.266667, 576.354545, 661.616667, 668.1513 ] }, { "date": "2026-08-14", "close": 586.0, "volume": 19347167, "typical_volume": 15424197.65, "trend": 644.372577, "fair_value": 290.312106, "relative_strength": -17.265751, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.348178, "energy": 27.495562, "activity_lines": [ 557.833333, 568.909091, 650.357143, 664.722962 ] } ], "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." } } }