{ "ticker": { "uuid": "7bbdaaaa-440c-4275-af8f-ede24662aa68", "symbol": "4561", "name": "Kenturn Nano. Tec. Co., Ltd.", "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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 62.811, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 21.34, "architecture_energy": 10.669, "architecture_maturity": 18.831, "architecture_confidence": 40.66, "architecture_tenure": "New", "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": 46.51, "rotation_up": 35.27, "upward_expansion": 37.38, "deceleration": 46.01, "rotation_down": 36.8, "downward_expansion": 21.05 }, "activity_lines": [ 41.113622, 40.171491, 41.580961, 40.755742 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 46.099998, "trend_reference": 40.177988, "distance_from_trend": 0.147394, "trend_direction": "Improving", "fair_value": 44.548431, "distance_from_fair_value": 0.034829, "fair_value_direction": "Weakening", "relative_strength": -15.902137, "relative_strength_direction": "Improving", "price_momentum": 0.174953, "excess_performance": -0.266419, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.147394, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06021, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.034829, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.078293, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.159021, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.04804, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.174953, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.149314, "read": "Demand-led" } ], "volume": { "latest": 4222343, "relative_activity": 1.454744, "balance": 1.149314, "dry_up": 0.618558, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.137525, "annualized_volatility": 0.775183, "from_high_reference": -0.224884, "from_low_reference": 0.550231 }, "levels": { "trend_reference": 40.177988, "fair_value_reference": 44.548431, "structural_low": 31.179619, "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": 13, "median_return": 0.0, "positive_rate": 0.461538, "directional_follow_through": 0.461538, "median_excess_return": -0.011232, "regime_survival": 0.538462, "best_return": 0.356955, "worst_return": -0.39291, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.01737, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.053537, "regime_survival": 0.166667, "best_return": 0.238586, "worst_return": -0.196455, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.075558, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.045132, "regime_survival": 0.0, "best_return": 0.321934, "worst_return": -0.234931, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.127157, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.03451, "regime_survival": 0.0, "best_return": 0.58451, "worst_return": -0.379141, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-12", "end": "2024-05-10", "tenure": "Established", "return": 0.453658, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-07-26", "tenure": "Developing", "return": 0.037807, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-02", "end": "2024-08-23", "tenure": "New", "return": 0.268882, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-10-11", "tenure": "Developing", "return": -0.232911, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2025-02-07", "tenure": "Established", "return": -0.207116, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-03-28", "tenure": "Developing", "return": -0.128508, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2026-01-16", "tenure": "Extended", "return": -0.319889, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-03-06", "tenure": "Developing", "return": -0.268367, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": -0.04271, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.026604, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-01", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-06-19", "tenure": "Developing", "return": -0.173152, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.14074, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-14", "end": "2026-08-14", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 25.811365, "volume": 385000, "typical_volume": 383900.0, "trend": 22.28091, "fair_value": 23.582243, "relative_strength": 8.886642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.655092, "energy": 61.370956, "activity_lines": [ 25.300138, 24.877541, 23.883456, 23.174954 ] }, { "date": "2023-08-18", "close": 25.811365, "volume": 360000, "typical_volume": 395750.0, "trend": 22.479519, "fair_value": 23.612627, "relative_strength": 10.210653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.700486, "energy": 64.129826, "activity_lines": [ 25.551645, 25.128511, 24.144972, 23.402726 ] }, { "date": "2023-08-25", "close": 25.052206, "volume": 235000, "typical_volume": 404350.0, "trend": 22.652824, "fair_value": 23.635107, "relative_strength": 6.291434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.766114, "energy": 51.274231, "activity_lines": [ 25.47607, 25.190202, 24.310211, 23.568705 ] }, { "date": "2023-09-01", "close": 24.909864, "volume": 62000, "typical_volume": 398500.0, "trend": 22.784448, "fair_value": 23.660264, "relative_strength": 4.615253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.934499, "energy": 44.16761, "activity_lines": [ 25.29577, 25.178493, 24.442413, 23.714321 ] }, { "date": "2023-09-08", "close": 27.756706, "volume": 3724000, "typical_volume": 542600.0, "trend": 23.021739, "fair_value": 23.703947, "relative_strength": 16.837677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.466094, "energy": 53.521437, "activity_lines": [ 26.06758, 25.671358, 24.826939, 24.035112 ] }, { "date": "2023-09-15", "close": 29.702047, "volume": 7700000, "typical_volume": 879750.0, "trend": 23.320798, "fair_value": 23.760653, "relative_strength": 22.122766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.969154, "energy": 62.181419, "activity_lines": [ 27.345495, 26.469917, 25.368993, 24.466099 ] }, { "date": "2023-09-22", "close": 27.282232, "volume": 1659000, "typical_volume": 950550.0, "trend": 23.5315, "fair_value": 23.797427, "relative_strength": 15.960118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.486551, "energy": 59.171017, "activity_lines": [ 27.557427, 26.730025, 25.647319, 24.721676 ] }, { "date": "2023-09-29", "close": 26.523075, "volume": 623000, "typical_volume": 969550.0, "trend": 23.701508, "fair_value": 23.832097, "relative_strength": 12.625566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.664813, "energy": 58.994922, "activity_lines": [ 27.418248, 26.805171, 25.83028, 24.914681 ] }, { "date": "2023-10-06", "close": 27.709259, "volume": 3109000, "typical_volume": 1112650.0, "trend": 23.911055, "fair_value": 23.876581, "relative_strength": 16.454573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.19231, "energy": 47.393409, "activity_lines": [ 27.576406, 27.053622, 26.101704, 25.173245 ] }, { "date": "2023-10-13", "close": 27.044994, "volume": 1278000, "typical_volume": 1169100.0, "trend": 24.120006, "fair_value": 23.917911, "relative_strength": 11.917319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.597093, "energy": 35.063047, "activity_lines": [ 27.326516, 27.131263, 26.281249, 25.375435 ] }, { "date": "2023-10-20", "close": 27.187338, "volume": 828000, "typical_volume": 1204600.0, "trend": 24.342935, "fair_value": 23.958773, "relative_strength": 14.855367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.079663, "energy": 27.089477, "activity_lines": [ 27.171522, 27.208904, 26.450216, 25.573327 ] }, { "date": "2023-10-27", "close": 27.804152, "volume": 734000, "typical_volume": 1212700.0, "trend": 24.577192, "fair_value": 24.002207, "relative_strength": 19.554688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.29307, "energy": 33.442511, "activity_lines": [ 27.389779, 27.373676, 26.653995, 25.796632 ] }, { "date": "2023-11-03", "close": 27.234787, "volume": 507000, "typical_volume": 1207750.0, "trend": 24.786313, "fair_value": 24.046964, "relative_strength": 14.350066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.663258, "energy": 24.939755, "activity_lines": [ 27.383454, 27.398694, 26.780637, 25.968089 ] }, { "date": "2023-11-10", "close": 27.756706, "volume": 1216000, "typical_volume": 1232650.0, "trend": 25.012831, "fair_value": 24.097829, "relative_strength": 15.10434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.998956, "energy": 30.523792, "activity_lines": [ 27.503654, 27.478923, 26.934147, 26.159728 ] }, { "date": "2023-11-17", "close": 28.895443, "volume": 2944000, "typical_volume": 1329650.0, "trend": 25.244989, "fair_value": 24.153231, "relative_strength": 15.774082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.717901, "energy": 36.237658, "activity_lines": [ 28.000269, 27.714435, 27.179138, 26.410219 ] }, { "date": "2023-11-24", "close": 29.464809, "volume": 920000, "typical_volume": 1359000.0, "trend": 25.469962, "fair_value": 24.207863, "relative_strength": 17.008499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.247004, "energy": 44.426666, "activity_lines": [ 28.563311, 28.032763, 27.460359, 26.682465 ] }, { "date": "2023-12-01", "close": 33.735073, "volume": 4956000, "typical_volume": 1598650.0, "trend": 25.846512, "fair_value": 24.290698, "relative_strength": 31.799888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.867304, "energy": 74.34039, "activity_lines": [ 30.397942, 29.131816, 28.123608, 27.215698 ] }, { "date": "2023-12-08", "close": 39.523651, "volume": 26612000, "typical_volume": 2912350.0, "trend": 26.451411, "fair_value": 24.410915, "relative_strength": 53.060068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.754671, "energy": 91.639115, "activity_lines": [ 33.766704, 31.166014, 29.29513, 28.098094 ] }, { "date": "2023-12-15", "close": 34.446781, "volume": 8710000, "typical_volume": 3336500.0, "trend": 26.876308, "fair_value": 24.495549, "relative_strength": 30.217424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.728434, "energy": 83.122745, "activity_lines": [ 34.623919, 32.040771, 29.910138, 28.613925 ] }, { "date": "2023-12-22", "close": 33.118259, "volume": 2729000, "typical_volume": 3464550.0, "trend": 27.247687, "fair_value": 24.551503, "relative_strength": 24.927425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.265492, "energy": 81.069456, "activity_lines": [ 34.592288, 32.551477, 30.353432, 29.016631 ] }, { "date": "2023-12-29", "close": 32.738682, "volume": 1363000, "typical_volume": 3513450.0, "trend": 27.600258, "fair_value": 24.606681, "relative_strength": 20.525136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.577818, "energy": 69.064272, "activity_lines": [ 34.152611, 32.882746, 30.724877, 29.370889 ] }, { "date": "2024-01-05", "close": 32.026966, "volume": 956000, "typical_volume": 3543250.0, "trend": 27.901402, "fair_value": 24.640723, "relative_strength": 20.039651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.952836, "energy": 41.84273, "activity_lines": [ 33.257437, 32.983679, 30.995553, 29.656483 ] }, { "date": "2024-01-12", "close": 29.180128, "volume": 1862000, "typical_volume": 3624600.0, "trend": 28.12612, "fair_value": 24.664527, "relative_strength": 9.051847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.558701, "energy": 20.132252, "activity_lines": [ 31.52719, 32.490227, 30.965503, 29.738981 ] }, { "date": "2024-01-19", "close": 29.939283, "volume": 1304000, "typical_volume": 3686700.0, "trend": 28.317662, "fair_value": 24.693198, "relative_strength": 10.32989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.996174, "energy": 23.329857, "activity_lines": [ 30.739563, 32.099433, 30.988097, 29.85596 ] }, { "date": "2024-01-26", "close": 30.176521, "volume": 558000, "typical_volume": 3528400.0, "trend": 28.486331, "fair_value": 24.709301, "relative_strength": 8.79308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.07733, "energy": 23.593702, "activity_lines": [ 30.331516, 31.71209, 31.009335, 29.975886 ] }, { "date": "2024-02-02", "close": 30.935678, "volume": 766000, "typical_volume": 3181700.0, "trend": 28.708007, "fair_value": 24.747397, "relative_strength": 10.61925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.900365, "energy": 21.535278, "activity_lines": [ 30.372636, 31.439483, 31.091351, 30.133908 ] }, { "date": "2024-02-09", "close": 29.939283, "volume": 193000, "typical_volume": 3108400.0, "trend": 28.88262, "fair_value": 24.78463, "relative_strength": 6.405966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.936304, "energy": 11.982887, "activity_lines": [ 30.201826, 30.958971, 31.072598, 30.213346 ] }, { "date": "2024-02-16", "close": 31.78973, "volume": 1167000, "typical_volume": 3135600.0, "trend": 29.135842, "fair_value": 24.837593, "relative_strength": 9.379147, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.12618, "energy": 10.940714, "activity_lines": [ 30.787009, 30.883918, 31.217425, 30.400901 ] }, { "date": "2024-02-23", "close": 33.402943, "volume": 4923000, "typical_volume": 3226300.0, "trend": 29.417363, "fair_value": 24.902553, "relative_strength": 12.636901, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.155743, "energy": 23.792581, "activity_lines": [ 31.735957, 31.242792, 31.490813, 30.676198 ] }, { "date": "2024-03-01", "close": 33.21315, "volume": 2245000, "typical_volume": 3274650.0, "trend": 29.670416, "fair_value": 24.960773, "relative_strength": 11.200873, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.138535, "energy": 29.789432, "activity_lines": [ 32.39073, 31.586138, 31.719012, 30.921087 ] }, { "date": "2024-03-08", "close": 32.596333, "volume": 8128000, "typical_volume": 3639650.0, "trend": 29.896581, "fair_value": 25.012276, "relative_strength": 4.110656, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.696699, "energy": 42.823633, "activity_lines": [ 32.637456, 31.81561, 31.859094, 31.109856 ] }, { "date": "2024-03-15", "close": 31.125469, "volume": 1962000, "typical_volume": 3701050.0, "trend": 30.073718, "fair_value": 25.037225, "relative_strength": -0.354712, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 36.668887, "energy": 34.266896, "activity_lines": [ 32.283183, 31.780241, 31.833337, 31.189139 ] }, { "date": "2024-03-22", "close": 31.647388, "volume": 968000, "typical_volume": 3724100.0, "trend": 30.293558, "fair_value": 25.072978, "relative_strength": -1.747282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.250672, "energy": 24.003371, "activity_lines": [ 32.023804, 31.856157, 31.841471, 31.290666 ] }, { "date": "2024-03-29", "close": 33.308044, "volume": 2731000, "typical_volume": 3799850.0, "trend": 30.573497, "fair_value": 25.117166, "relative_strength": 2.660485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.526232, "energy": 25.816471, "activity_lines": [ 32.327466, 32.18915, 31.98675, 31.485149 ] }, { "date": "2024-04-05", "close": 33.21315, "volume": 628000, "typical_volume": 3684050.0, "trend": 30.755378, "fair_value": 25.151906, "relative_strength": 1.771927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.037673, "energy": 25.381028, "activity_lines": [ 32.605824, 32.443641, 32.096557, 31.655449 ] }, { "date": "2024-04-12", "close": 34.968704, "volume": 8805000, "typical_volume": 4078300.0, "trend": 30.930934, "fair_value": 25.190718, "relative_strength": 4.625219, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.774317, "energy": 42.374358, "activity_lines": [ 33.469366, 32.962111, 32.352998, 31.927277 ] }, { "date": "2024-04-19", "close": 31.505051, "volume": 2235000, "typical_volume": 3942250.0, "trend": 31.071694, "fair_value": 25.199593, "relative_strength": -0.14724, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 41.959994, "energy": 28.342237, "activity_lines": [ 33.0202, 32.777499, 32.253359, 31.964317 ] }, { "date": "2024-04-26", "close": 31.647388, "volume": 829000, "typical_volume": 2653100.0, "trend": 31.242505, "fair_value": 25.206342, "relative_strength": -2.787104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.186362, "energy": 19.108257, "activity_lines": [ 32.593173, 32.590297, 32.177895, 32.001458 ] }, { "date": "2024-05-03", "close": 33.118259, "volume": 843000, "typical_volume": 2259750.0, "trend": 31.422805, "fair_value": 25.225006, "relative_strength": 0.450702, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.333191, "energy": 17.13606, "activity_lines": [ 32.656437, 32.673115, 32.28002, 32.122475 ] }, { "date": "2024-05-10", "close": 42.417938, "volume": 19806000, "typical_volume": 3113600.0, "trend": 31.935236, "fair_value": 25.306046, "relative_strength": 25.311176, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.351683, "energy": 57.595009, "activity_lines": [ 35.832246, 34.451959, 33.274155, 32.831838 ] }, { "date": "2024-05-17", "close": 45.786705, "volume": 21162000, "typical_volume": 4103550.0, "trend": 32.555215, "fair_value": 25.427186, "relative_strength": 30.518778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.691127, "energy": 83.797661, "activity_lines": [ 39.517325, 36.675947, 34.544841, 33.725481 ] }, { "date": "2024-05-24", "close": 53.235939, "volume": 33429000, "typical_volume": 5727200.0, "trend": 33.402941, "fair_value": 25.618729, "relative_strength": 47.637683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.183281, "energy": 95.868173, "activity_lines": [ 44.964282, 40.014516, 36.462844, 35.059722 ] }, { "date": "2024-05-31", "close": 48.680992, "volume": 17004000, "typical_volume": 6484300.0, "trend": 34.117815, "fair_value": 25.78135, "relative_strength": 35.978299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.880868, "energy": 89.849035, "activity_lines": [ 47.444198, 42.122904, 37.846048, 36.045402 ] }, { "date": "2024-06-07", "close": 52.286991, "volume": 11333000, "typical_volume": 6985750.0, "trend": 34.935491, "fair_value": 25.961009, "relative_strength": 39.840405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.439641, "energy": 92.510447, "activity_lines": [ 49.990539, 44.577227, 39.479819, 37.217607 ] }, { "date": "2024-06-14", "close": 51.527836, "volume": 17100000, "typical_volume": 7812850.0, "trend": 35.689904, "fair_value": 26.135249, "relative_strength": 32.376148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.797258, "energy": 88.659146, "activity_lines": [ 51.005914, 46.548449, 40.934871, 38.288081 ] }, { "date": "2024-06-21", "close": 53.805305, "volume": 19424000, "typical_volume": 8745750.0, "trend": 36.501254, "fair_value": 26.324089, "relative_strength": 32.440343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.684563, "energy": 70.604511, "activity_lines": [ 52.173118, 48.600763, 42.505153, 39.456817 ] }, { "date": "2024-06-28", "close": 56.936832, "volume": 21458000, "typical_volume": 9809000.0, "trend": 37.274646, "fair_value": 26.530516, "relative_strength": 39.973083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.511682, "energy": 70.238091, "activity_lines": [ 53.849591, 50.879961, 44.264772, 40.775241 ] }, { "date": "2024-07-05", "close": 54.944046, "volume": 23473000, "typical_volume": 10924300.0, "trend": 37.788659, "fair_value": 26.725274, "relative_strength": 30.820893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.592045, "energy": 62.508986, "activity_lines": [ 54.615076, 52.334439, 45.706043, 41.915202 ] }, { "date": "2024-07-12", "close": 50.863571, "volume": 6796000, "typical_volume": 11017950.0, "trend": 38.335885, "fair_value": 26.89277, "relative_strength": 18.390009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.630166, "energy": 56.398954, "activity_lines": [ 53.602865, 52.623437, 46.648438, 42.758745 ] }, { "date": "2024-07-19", "close": 50.294205, "volume": 4225000, "typical_volume": 11116950.0, "trend": 38.908417, "fair_value": 27.05855, "relative_strength": 21.41553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.873558, "energy": 48.655032, "activity_lines": [ 52.495761, 52.486271, 47.453461, 43.530249 ] }, { "date": "2024-07-26", "close": 47.517776, "volume": 1301000, "typical_volume": 10775600.0, "trend": 39.401053, "fair_value": 27.204875, "relative_strength": 17.72157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.503528, "energy": 31.543057, "activity_lines": [ 50.545422, 51.701095, 47.912725, 44.085692 ] }, { "date": "2024-08-02", "close": 48.050056, "volume": 4144000, "typical_volume": 10884700.0, "trend": 39.935156, "fair_value": 27.358479, "relative_strength": 20.796672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.343042, "energy": 23.068944, "activity_lines": [ 49.191679, 50.981224, 48.351628, 44.643692 ] }, { "date": "2024-08-09", "close": 51.195328, "volume": 12520000, "typical_volume": 11462300.0, "trend": 40.668996, "fair_value": 27.53114, "relative_strength": 28.601102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.22188, "energy": 20.933063, "activity_lines": [ 49.478812, 50.927509, 49.009487, 45.370155 ] }, { "date": "2024-08-16", "close": 61.260189, "volume": 56979000, "typical_volume": 14174700.0, "trend": 41.713027, "fair_value": 27.744288, "relative_strength": 46.057052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.855094, "energy": 40.190274, "activity_lines": [ 53.370812, 52.658053, 50.532818, 46.698619 ] }, { "date": "2024-08-23", "close": 60.96986, "volume": 23060000, "typical_volume": 15296300.0, "trend": 42.739471, "fair_value": 27.965243, "relative_strength": 44.792396, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.108207, "energy": 51.123349, "activity_lines": [ 56.472929, 54.172662, 51.895394, 47.940995 ] }, { "date": "2024-08-30", "close": 76.454262, "volume": 71576000, "typical_volume": 18434850.0, "trend": 44.256757, "fair_value": 28.295677, "relative_strength": 77.194896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.287016, "energy": 86.164916, "activity_lines": [ 64.024802, 58.330943, 54.6005, 50.116143 ] }, { "date": "2024-09-06", "close": 74.90583, "volume": 66420000, "typical_volume": 21644100.0, "trend": 45.755642, "fair_value": 28.604584, "relative_strength": 77.151916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.754207, "energy": 89.132702, "activity_lines": [ 69.131432, 61.795891, 56.960586, 52.093502 ] }, { "date": "2024-09-13", "close": 72.583168, "volume": 26303000, "typical_volume": 22917800.0, "trend": 47.115424, "fair_value": 28.894735, "relative_strength": 66.533514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.586646, "energy": 85.037229, "activity_lines": [ 71.673457, 64.511829, 58.892796, 53.824311 ] }, { "date": "2024-09-20", "close": 75.002602, "volume": 31096000, "typical_volume": 24430450.0, "trend": 48.502079, "fair_value": 29.219731, "relative_strength": 66.24206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.020363, "energy": 84.601401, "activity_lines": [ 73.596104, 67.346952, 60.860496, 55.623483 ] }, { "date": "2024-09-27", "close": 71.712166, "volume": 11945000, "typical_volume": 24037400.0, "trend": 49.785379, "fair_value": 29.522253, "relative_strength": 52.144087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.830198, "energy": 67.076638, "activity_lines": [ 73.505778, 69.144922, 62.315372, 57.120908 ] }, { "date": "2024-10-04", "close": 67.260399, "volume": 3210000, "typical_volume": 23139800.0, "trend": 50.940848, "fair_value": 29.796791, "relative_strength": 44.229183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.723577, "energy": 51.107107, "activity_lines": [ 71.215375, 69.744063, 63.206773, 58.248329 ] }, { "date": "2024-10-11", "close": 58.647194, "volume": 5515000, "typical_volume": 21744100.0, "trend": 51.858239, "fair_value": 30.018121, "relative_strength": 21.410598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.833843, "energy": 30.958745, "activity_lines": [ 66.666829, 68.41821, 63.175614, 58.745513 ] }, { "date": "2024-10-18", "close": 76.163933, "volume": 19667000, "typical_volume": 21877250.0, "trend": 53.342124, "fair_value": 30.344607, "relative_strength": 51.546387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.612544, "energy": 33.008404, "activity_lines": [ 69.041105, 70.084544, 64.786947, 60.313622 ] }, { "date": "2024-10-25", "close": 69.292732, "volume": 24195000, "typical_volume": 22520350.0, "trend": 54.541614, "fair_value": 30.628473, "relative_strength": 37.160146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.541848, "energy": 23.677534, "activity_lines": [ 68.886263, 70.047593, 65.61301, 61.342693 ] }, { "date": "2024-11-01", "close": 63.389297, "volume": 3770000, "typical_volume": 21853850.0, "trend": 55.547485, "fair_value": 30.8725, "relative_strength": 27.323388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.014145, "energy": 18.619782, "activity_lines": [ 67.144267, 68.791244, 65.79586, 61.913512 ] }, { "date": "2024-11-08", "close": 68.905617, "volume": 17619000, "typical_volume": 21763600.0, "trend": 56.678716, "fair_value": 31.14932, "relative_strength": 32.386815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.125318, "energy": 24.42677, "activity_lines": [ 67.795902, 68.493873, 66.447592, 62.775327 ] }, { "date": "2024-11-15", "close": 65.808739, "volume": 3301000, "typical_volume": 20855750.0, "trend": 57.822172, "fair_value": 31.404862, "relative_strength": 29.576668, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.24153, "energy": 16.45256, "activity_lines": [ 67.305563, 67.770681, 66.732476, 63.36436 ] }, { "date": "2024-11-22", "close": 65.421623, "volume": 2004888, "typical_volume": 19782344.4, "trend": 58.94798, "fair_value": 31.657637, "relative_strength": 26.649559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.420023, "energy": 15.458713, "activity_lines": [ 66.20875, 67.142507, 66.938245, 63.854647 ] }, { "date": "2024-11-29", "close": 64.2603, "volume": 5798000, "typical_volume": 19732444.4, "trend": 59.986048, "fair_value": 31.904109, "relative_strength": 26.95726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.836514, "energy": 10.482407, "activity_lines": [ 65.440983, 66.433392, 66.983519, 64.197378 ] }, { "date": "2024-12-06", "close": 63.002186, "volume": 1646000, "typical_volume": 19603494.4, "trend": 60.672189, "fair_value": 32.144799, "relative_strength": 19.03062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.504318, "energy": 10.528036, "activity_lines": [ 64.58934, 65.690844, 66.845178, 64.391967 ] }, { "date": "2024-12-13", "close": 67.937843, "volume": 10942000, "typical_volume": 20085544.4, "trend": 61.410561, "fair_value": 32.418553, "relative_strength": 28.236065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.443328, "energy": 11.62582, "activity_lines": [ 65.408723, 66.004051, 67.116385, 64.860719 ] }, { "date": "2024-12-20", "close": 75.776825, "volume": 23810000, "typical_volume": 21068844.4, "trend": 62.161923, "fair_value": 32.742272, "relative_strength": 44.482623, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 52.770925, "energy": 30.230989, "activity_lines": [ 68.905619, 67.730211, 68.036924, 65.787575 ] }, { "date": "2024-12-27", "close": 72.292824, "volume": 50162000, "typical_volume": 22950944.4, "trend": 62.948985, "fair_value": 33.044514, "relative_strength": 31.91305, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.651468, "energy": 39.095141, "activity_lines": [ 70.576641, 68.511468, 68.493622, 66.441181 ] }, { "date": "2025-01-03", "close": 74.034828, "volume": 8435000, "typical_volume": 20523744.4, "trend": 63.673912, "fair_value": 33.358493, "relative_strength": 35.702375, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.27603, "energy": 50.492158, "activity_lines": [ 72.370252, 69.679837, 69.015759, 67.156397 ] }, { "date": "2025-01-10", "close": 63.873188, "volume": 13096000, "typical_volume": 20025544.4, "trend": 64.085424, "fair_value": 33.604195, "relative_strength": 15.514822, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.66856, "energy": 27.663016, "activity_lines": [ 70.125014, 68.914415, 68.509291, 67.169254 ] }, { "date": "2025-01-17", "close": 63.969963, "volume": 3089000, "typical_volume": 16601194.4, "trend": 64.424246, "fair_value": 33.847094, "relative_strength": 14.032284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.220688, "energy": 9.289378, "activity_lines": [ 67.853968, 68.157791, 67.998213, 67.161805 ] }, { "date": "2025-01-24", "close": 63.19574, "volume": 1183000, "typical_volume": 13339344.4, "trend": 64.632876, "fair_value": 34.083319, "relative_strength": 9.964553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.940855, "energy": 10.704975, "activity_lines": [ 65.589373, 67.350138, 67.472849, 67.082546 ] }, { "date": "2025-02-07", "close": 60.389194, "volume": 3217765, "typical_volume": 12185082.65, "trend": 64.814381, "fair_value": 34.30412, "relative_strength": 4.584591, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.313381, "energy": 30.680118, "activity_lines": [ 63.228002, 66.079713, 66.735957, 66.80876 ] }, { "date": "2025-02-14", "close": 65.518402, "volume": 4641399, "typical_volume": 10862352.6, "trend": 65.302876, "fair_value": 34.557231, "relative_strength": 14.015694, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.388062, "energy": 32.83681, "activity_lines": [ 63.369941, 65.83337, 66.545628, 66.854181 ] }, { "date": "2025-02-21", "close": 73.647713, "volume": 24545107, "typical_volume": 11492357.95, "trend": 66.081326, "fair_value": 34.866446, "relative_strength": 23.705503, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.746505, "energy": 10.869684, "activity_lines": [ 66.789413, 67.042209, 67.174681, 67.392557 ] }, { "date": "2025-02-28", "close": 71.905724, "volume": 9266959, "typical_volume": 11795205.9, "trend": 66.894258, "fair_value": 35.163353, "relative_strength": 23.052698, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.873715, "energy": 19.921996, "activity_lines": [ 68.976587, 67.740767, 67.628614, 67.768325 ] }, { "date": "2025-03-07", "close": 64.647408, "volume": 3416571, "typical_volume": 11690284.45, "trend": 67.447503, "fair_value": 35.414589, "relative_strength": 12.026485, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.178504, "energy": 10.599894, "activity_lines": [ 68.215272, 67.047489, 67.369159, 67.623367 ] }, { "date": "2025-03-14", "close": 65.518402, "volume": 2104650, "typical_volume": 10812166.95, "trend": 67.924938, "fair_value": 35.669696, "relative_strength": 15.518017, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.472738, "energy": 17.621185, "activity_lines": [ 67.647509, 66.714926, 67.164082, 67.498909 ] }, { "date": "2025-03-21", "close": 62.034412, "volume": 1694171, "typical_volume": 9687125.5, "trend": 67.950746, "fair_value": 35.904182, "relative_strength": 7.220335, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.949399, "energy": 29.0323, "activity_lines": [ 65.57647, 65.872081, 66.67789, 67.118875 ] }, { "date": "2025-03-28", "close": 57.098759, "volume": 2073509, "typical_volume": 9602300.95, "trend": 67.821709, "fair_value": 36.106743, "relative_strength": 0.657463, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.676209, "energy": 57.327827, "activity_lines": [ 62.092479, 64.350035, 65.7562, 66.418747 ] }, { "date": "2025-04-04", "close": 52.937325, "volume": 1302092, "typical_volume": 8786455.55, "trend": 67.037811, "fair_value": 36.286052, "relative_strength": -5.92532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.830472, "energy": 74.375841, "activity_lines": [ 58.324607, 62.194535, 64.468137, 65.458464 ] }, { "date": "2025-04-11", "close": 39.775574, "volume": 1848101, "typical_volume": 8713810.6, "trend": 65.866803, "fair_value": 36.381847, "relative_strength": -23.136267, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.522427, "energy": 90.399382, "activity_lines": [ 51.434045, 57.846584, 62.002613, 63.69961 ] }, { "date": "2025-04-18", "close": 42.775677, "volume": 1822548, "typical_volume": 8704693.6, "trend": 64.87322, "fair_value": 36.49887, "relative_strength": -17.081181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.093019, "energy": 93.406305, "activity_lines": [ 47.201639, 54.469927, 59.946782, 62.20986 ] }, { "date": "2025-04-25", "close": 42.582123, "volume": 1079151, "typical_volume": 8468751.15, "trend": 63.792537, "fair_value": 36.617219, "relative_strength": -19.747703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.110822, "energy": 90.835572, "activity_lines": [ 44.420897, 51.378324, 57.980354, 60.771725 ] }, { "date": "2025-05-02", "close": 52.163101, "volume": 10113348, "typical_volume": 8892118.55, "trend": 63.140902, "fair_value": 36.794988, "relative_strength": -6.647374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.030526, "energy": 82.764099, "activity_lines": [ 46.130633, 50.44574, 57.02963, 60.021438 ] }, { "date": "2025-05-09", "close": 48.292, "volume": 3008166, "typical_volume": 8495426.85, "trend": 62.508622, "fair_value": 36.952221, "relative_strength": -14.517479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.576031, "energy": 56.257465, "activity_lines": [ 46.879047, 49.199949, 55.761844, 59.063445 ] }, { "date": "2025-05-16", "close": 52.646988, "volume": 9188292, "typical_volume": 7764341.45, "trend": 62.308615, "fair_value": 37.139368, "relative_strength": -10.999821, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.6795, "energy": 39.804515, "activity_lines": [ 49.388811, 49.175314, 55.00237, 58.42721 ] }, { "date": "2025-05-23", "close": 48.872662, "volume": 4947645, "typical_volume": 5503623.7, "trend": 61.398906, "fair_value": 37.298897, "relative_strength": -16.710958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.919169, "energy": 31.879575, "activity_lines": [ 49.782372, 48.682628, 53.993579, 57.560375 ] }, { "date": "2025-05-30", "close": 46.888725, "volume": 1403166, "typical_volume": 5152032.0, "trend": 60.652105, "fair_value": 37.44143, "relative_strength": -18.793725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.05329, "energy": 35.444452, "activity_lines": [ 49.108156, 48.131876, 52.907367, 56.624234 ] }, { "date": "2025-06-06", "close": 47.75972, "volume": 4154067, "typical_volume": 4704935.35, "trend": 60.131119, "fair_value": 37.588975, "relative_strength": -18.427257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.308981, "energy": 33.425192, "activity_lines": [ 48.437164, 48.014863, 52.033373, 55.792467 ] }, { "date": "2025-06-13", "close": 46.646778, "volume": 1848211, "typical_volume": 4642895.9, "trend": 59.389158, "fair_value": 37.729957, "relative_strength": -21.660912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.259245, "energy": 42.260068, "activity_lines": [ 47.68875, 47.865297, 51.130115, 54.92251 ] }, { "date": "2025-06-20", "close": 44.178955, "volume": 869809, "typical_volume": 4627236.35, "trend": 58.668165, "fair_value": 37.85626, "relative_strength": -25.562234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.280363, "energy": 47.099825, "activity_lines": [ 46.227411, 47.38141, 50.074319, 53.941206 ] }, { "date": "2025-06-27", "close": 44.32412, "volume": 1349061, "typical_volume": 4533801.15, "trend": 57.964915, "fair_value": 37.984921, "relative_strength": -26.901718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.233794, "energy": 47.127452, "activity_lines": [ 45.378995, 46.843854, 49.122903, 53.015784 ] }, { "date": "2025-07-04", "close": 41.469177, "volume": 708231, "typical_volume": 4337142.75, "trend": 57.205211, "fair_value": 38.103553, "relative_strength": -31.199394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.302139, "energy": 60.563106, "activity_lines": [ 43.882167, 45.759065, 47.976089, 51.951543 ] }, { "date": "2025-07-11", "close": 42.582123, "volume": 1126438, "typical_volume": 3166209.3, "trend": 56.524542, "fair_value": 38.232171, "relative_strength": -29.752082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.037287, "energy": 68.935265, "activity_lines": [ 43.117625, 44.896865, 47.049789, 51.008118 ] }, { "date": "2025-07-18", "close": 43.743454, "volume": 1706330, "typical_volume": 2788177.85, "trend": 55.718063, "fair_value": 38.366523, "relative_strength": -29.657037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.225688, "energy": 58.971672, "activity_lines": [ 43.085366, 44.420016, 46.382024, 50.183531 ] }, { "date": "2025-07-25", "close": 42.865757, "volume": 1156048, "typical_volume": 2675151.7, "trend": 54.621027, "fair_value": 38.496675, "relative_strength": -30.830791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.040109, "energy": 52.201137, "activity_lines": [ 42.954096, 43.866287, 45.764775, 49.35435 ] }, { "date": "2025-08-01", "close": 43.014946, "volume": 986077, "typical_volume": 2619223.05, "trend": 53.645098, "fair_value": 38.626207, "relative_strength": -30.640134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.209166, "energy": 46.072814, "activity_lines": [ 42.960103, 43.517523, 45.265456, 48.605571 ] }, { "date": "2025-08-08", "close": 46.744564, "volume": 2560122, "typical_volume": 2662520.6, "trend": 52.735422, "fair_value": 38.779055, "relative_strength": -26.320726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.646892, "energy": 31.365406, "activity_lines": [ 44.296594, 43.953375, 45.228499, 48.160375 ] }, { "date": "2025-08-15", "close": 50.126087, "volume": 3935346, "typical_volume": 2755612.45, "trend": 52.277186, "fair_value": 38.954467, "relative_strength": -21.82285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.28493, "energy": 15.115115, "activity_lines": [ 46.408566, 45.006671, 45.5864, 47.992031 ] }, { "date": "2025-08-22", "close": 45.75, "volume": 6709729, "typical_volume": 3025994.3, "trend": 51.669854, "fair_value": 39.10242, "relative_strength": -26.498718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.327371, "energy": 19.508574, "activity_lines": [ 46.558913, 45.22129, 45.560734, 47.570922 ] }, { "date": "2025-08-29", "close": 45.998638, "volume": 2678470, "typical_volume": 3067512.75, "trend": 51.096617, "fair_value": 39.249006, "relative_strength": -27.071411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.491597, "energy": 20.376424, "activity_lines": [ 46.658368, 45.497421, 45.592973, 47.205037 ] }, { "date": "2025-09-05", "close": 43.959782, "volume": 1180679, "typical_volume": 3035419.3, "trend": 50.54897, "fair_value": 39.386666, "relative_strength": -30.202859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.017408, "energy": 19.102961, "activity_lines": [ 45.869347, 45.369765, 45.401402, 46.744596 ] }, { "date": "2025-09-12", "close": 41.771736, "volume": 1131709, "typical_volume": 3038047.2, "trend": 49.757414, "fair_value": 39.510005, "relative_strength": -35.33142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.487905, "energy": 34.190877, "activity_lines": [ 44.287987, 44.850908, 44.995807, 46.178323 ] }, { "date": "2025-09-19", "close": 41.672283, "volume": 1243431, "typical_volume": 2594551.35, "trend": 48.691567, "fair_value": 39.633298, "relative_strength": -34.904521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.983673, "energy": 44.583491, "activity_lines": [ 43.004999, 44.308467, 44.584599, 45.656702 ] }, { "date": "2025-09-26", "close": 39.335052, "volume": 736001, "typical_volume": 2480943.1, "trend": 47.605878, "fair_value": 39.739833, "relative_strength": -37.675664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.802315, "energy": 66.031533, "activity_lines": [ 41.50652, 43.357617, 44.000754, 45.053056 ] }, { "date": "2025-10-03", "close": 38.390213, "volume": 938000, "typical_volume": 2068428.5, "trend": 46.730638, "fair_value": 39.841791, "relative_strength": -41.072211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.266079, "energy": 72.952208, "activity_lines": [ 40.120758, 42.315131, 43.369576, 44.458497 ] }, { "date": "2025-10-10", "close": 37.743752, "volume": 608760, "typical_volume": 1851484.25, "trend": 45.804816, "fair_value": 39.940493, "relative_strength": -42.469945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.73627, "energy": 75.418155, "activity_lines": [ 39.026738, 41.236481, 42.74472, 43.878698 ] }, { "date": "2025-10-17", "close": 36.102715, "volume": 868135, "typical_volume": 1824732.7, "trend": 44.940426, "fair_value": 40.028675, "relative_strength": -44.4213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.528632, "energy": 79.030382, "activity_lines": [ 37.800107, 39.9553, 42.01657, 43.252756 ] }, { "date": "2025-10-24", "close": 36.599998, "volume": 539000, "typical_volume": 1643979.35, "trend": 44.257134, "fair_value": 40.123597, "relative_strength": -43.248502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.446527, "energy": 74.94593, "activity_lines": [ 37.117172, 38.958022, 41.387142, 42.714664 ] }, { "date": "2025-10-31", "close": 36.003262, "volume": 562220, "typical_volume": 1579679.8, "trend": 43.692665, "fair_value": 40.219725, "relative_strength": -44.792929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.948005, "energy": 72.932655, "activity_lines": [ 36.573478, 38.098176, 40.754023, 42.182156 ] }, { "date": "2025-11-07", "close": 35.555706, "volume": 674450, "typical_volume": 1569911.85, "trend": 43.552003, "fair_value": 40.318311, "relative_strength": -43.629311, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.162271, "energy": 71.451316, "activity_lines": [ 36.102717, 37.334169, 40.128964, 41.657191 ] }, { "date": "2025-11-14", "close": 35.058422, "volume": 634183, "typical_volume": 1534167.95, "trend": 43.294761, "fair_value": 40.415781, "relative_strength": -43.113279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.556111, "energy": 68.692769, "activity_lines": [ 35.655162, 36.669618, 39.497607, 41.109218 ] }, { "date": "2025-11-21", "close": 31.676901, "volume": 592700, "typical_volume": 1528391.4, "trend": 42.931254, "fair_value": 40.490687, "relative_strength": -45.945184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.435631, "energy": 87.825952, "activity_lines": [ 34.259456, 35.552089, 38.588323, 40.359678 ] }, { "date": "2025-11-28", "close": 33.815216, "volume": 294107, "typical_volume": 1486774.85, "trend": 42.319658, "fair_value": 40.579596, "relative_strength": -43.991984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.926381, "energy": 79.013767, "activity_lines": [ 33.871575, 35.006886, 37.929318, 39.771547 ] }, { "date": "2025-12-05", "close": 34.411953, "volume": 1931670, "typical_volume": 1498041.85, "trend": 41.85699, "fair_value": 40.671738, "relative_strength": -42.893047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.188428, "energy": 66.326075, "activity_lines": [ 33.868259, 34.713037, 37.368892, 39.261372 ] }, { "date": "2025-12-12", "close": 32.820652, "volume": 534208, "typical_volume": 1466949.85, "trend": 41.196112, "fair_value": 40.751904, "relative_strength": -45.193435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.214483, "energy": 63.408681, "activity_lines": [ 33.440596, 34.219371, 36.70135, 38.678383 ] }, { "date": "2025-12-19", "close": 32.920105, "volume": 263010, "typical_volume": 1430796.5, "trend": 40.66436, "fair_value": 40.834779, "relative_strength": -43.12385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.616711, "energy": 56.124444, "activity_lines": [ 33.228422, 33.845053, 36.091113, 38.144447 ] }, { "date": "2025-12-26", "close": 33.268208, "volume": 235030, "typical_volume": 1314541.9, "trend": 40.210343, "fair_value": 40.920182, "relative_strength": -43.100171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.289636, "energy": 53.177103, "activity_lines": [ 33.274836, 33.621728, 35.562099, 37.667276 ] }, { "date": "2026-01-02", "close": 32.074726, "volume": 376100, "typical_volume": 1136579.6, "trend": 39.687509, "fair_value": 40.998526, "relative_strength": -45.596475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.744405, "energy": 57.090271, "activity_lines": [ 32.817336, 33.232943, 34.983593, 37.142397 ] }, { "date": "2026-01-09", "close": 31.229347, "volume": 402801, "typical_volume": 821233.2, "trend": 39.173595, "fair_value": 41.070859, "relative_strength": -47.568093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.115701, "energy": 58.833409, "activity_lines": [ 32.194075, 32.772731, 34.410534, 36.596709 ] }, { "date": "2026-01-16", "close": 36.003262, "volume": 1925587, "typical_volume": 783589.05, "trend": 38.901072, "fair_value": 41.172018, "relative_strength": -40.764101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.135452, "energy": 37.617834, "activity_lines": [ 33.374293, 33.267301, 34.36128, 36.392172 ] }, { "date": "2026-01-23", "close": 48.733696, "volume": 12246240, "typical_volume": 1336867.1, "trend": 39.048058, "fair_value": 41.35715, "relative_strength": -20.223556, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 19.121729, "energy": 28.020985, "activity_lines": [ 38.585815, 36.068359, 35.572045, 37.026535 ] }, { "date": "2026-01-30", "close": 44.407337, "volume": 2562498, "typical_volume": 1408406.55, "trend": 39.145996, "fair_value": 41.514549, "relative_strength": -26.576189, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.266199, "energy": 44.946968, "activity_lines": [ 41.300978, 37.834165, 36.348043, 37.372295 ] }, { "date": "2026-02-06", "close": 39.235596, "volume": 1559899, "typical_volume": 1424229.95, "trend": 39.034446, "fair_value": 41.631693, "relative_strength": -33.649163, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.630901, "energy": 39.342581, "activity_lines": [ 41.549619, 38.428191, 36.618943, 37.378075 ] }, { "date": "2026-02-13", "close": 40.677719, "volume": 854518, "typical_volume": 1430155.8, "trend": 38.932254, "fair_value": 41.760153, "relative_strength": -33.83408, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.235025, "energy": 39.19435, "activity_lines": [ 41.801576, 39.185869, 37.038792, 37.484093 ] }, { "date": "2026-02-27", "close": 40.777172, "volume": 1081987, "typical_volume": 1437355.15, "trend": 38.862635, "fair_value": 41.888659, "relative_strength": -35.741332, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.124225, "energy": 34.255627, "activity_lines": [ 41.456793, 39.847707, 37.461719, 37.60312 ] }, { "date": "2026-03-06", "close": 35.655159, "volume": 1225532, "typical_volume": 1468193.75, "trend": 38.617309, "fair_value": 41.982851, "relative_strength": -39.440236, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -9.543056, "energy": 8.249579, "activity_lines": [ 39.086411, 39.433606, 37.385469, 37.396186 ] }, { "date": "2026-03-13", "close": 33.765488, "volume": 636082, "typical_volume": 1456591.1, "trend": 38.184673, "fair_value": 42.061971, "relative_strength": -41.110418, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.97804, "energy": 16.801341, "activity_lines": [ 36.958042, 38.626199, 37.139195, 37.083165 ] }, { "date": "2026-03-20", "close": 32.820652, "volume": 625000, "typical_volume": 1460891.1, "trend": 37.607825, "fair_value": 42.135034, "relative_strength": -41.694317, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.782395, "energy": 27.630679, "activity_lines": [ 35.224183, 37.637963, 36.814067, 36.737099 ] }, { "date": "2026-03-27", "close": 32.373096, "volume": 637007, "typical_volume": 1464630.45, "trend": 37.161928, "fair_value": 42.209371, "relative_strength": -40.502453, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.68612, "energy": 39.409249, "activity_lines": [ 33.768803, 36.554791, 36.464312, 36.399375 ] }, { "date": "2026-04-03", "close": 32.323368, "volume": 427004, "typical_volume": 1452258.15, "trend": 36.706086, "fair_value": 42.285165, "relative_strength": -38.419003, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.186189, "energy": 52.755693, "activity_lines": [ 32.850488, 35.441782, 36.127107, 36.08721 ] }, { "date": "2026-04-10", "close": 31.776358, "volume": 334002, "typical_volume": 1437249.1, "trend": 36.299972, "fair_value": 42.355677, "relative_strength": -43.249006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.698093, "energy": 60.052306, "activity_lines": [ 32.313423, 34.296224, 35.753198, 35.769163 ] }, { "date": "2026-04-17", "close": 36.450817, "volume": 2208055, "typical_volume": 1518016.85, "trend": 36.122608, "fair_value": 42.45497, "relative_strength": -36.545433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.651373, "energy": 28.594873, "activity_lines": [ 33.593098, 34.308883, 35.840104, 35.778895 ] }, { "date": "2026-04-24", "close": 32.621738, "volume": 1120512, "typical_volume": 1559337.1, "trend": 35.820923, "fair_value": 42.529717, "relative_strength": -45.395187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.000815, "energy": 31.298006, "activity_lines": [ 33.417391, 33.770009, 35.539603, 35.553032 ] }, { "date": "2026-05-01", "close": 37.892933, "volume": 2569428, "typical_volume": 1591225.0, "trend": 35.772852, "fair_value": 42.632039, "relative_strength": -35.619009, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.106406, "energy": 8.058991, "activity_lines": [ 35.01201, 34.309787, 35.746804, 35.68671 ] }, { "date": "2026-05-08", "close": 51.120651, "volume": 12852884, "typical_volume": 2207158.8, "trend": 36.1972, "fair_value": 42.814123, "relative_strength": -17.388615, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.643665, "energy": 54.118762, "activity_lines": [ 40.64788, 37.305236, 37.197212, 36.676891 ] }, { "date": "2026-05-15", "close": 47.838585, "volume": 4172711, "typical_volume": 2402643.85, "trend": 36.533695, "fair_value": 42.976944, "relative_strength": -20.706126, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.932613, "energy": 80.495771, "activity_lines": [ 43.936575, 39.515883, 38.247899, 37.427948 ] }, { "date": "2026-05-22", "close": 50.722824, "volume": 1915523, "typical_volume": 2486668.5, "trend": 37.021032, "fair_value": 43.16506, "relative_strength": -16.783042, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.420977, "energy": 89.384742, "activity_lines": [ 47.115868, 42.029421, 39.502235, 38.343376 ] }, { "date": "2026-05-29", "close": 51.419022, "volume": 7282895, "typical_volume": 2832008.25, "trend": 37.514999, "fair_value": 43.355567, "relative_strength": -19.094252, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.025137, "energy": 88.831681, "activity_lines": [ 49.57576, 44.361224, 40.739758, 39.272278 ] }, { "date": "2026-06-05", "close": 47.440762, "volume": 9151324, "typical_volume": 3269434.4, "trend": 37.896249, "fair_value": 43.518797, "relative_strength": -24.748533, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.146767, "energy": 79.767117, "activity_lines": [ 49.456413, 45.631556, 41.506284, 39.91265 ] }, { "date": "2026-06-12", "close": 41.821465, "volume": 2078817, "typical_volume": 3277095.9, "trend": 38.105108, "fair_value": 43.644822, "relative_strength": -31.115945, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.897748, "energy": 48.039318, "activity_lines": [ 46.827445, 45.606239, 41.660442, 40.16589 ] }, { "date": "2026-06-19", "close": 42.26902, "volume": 1033186, "typical_volume": 2716443.2, "trend": 38.345461, "fair_value": 43.768389, "relative_strength": -32.685721, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.749546, "energy": 30.837278, "activity_lines": [ 44.967608, 45.489604, 41.829518, 40.434529 ] }, { "date": "2026-06-26", "close": 38.439945, "volume": 1419356, "typical_volume": 2659286.1, "trend": 38.570896, "fair_value": 43.870962, "relative_strength": -35.129311, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.699565, "energy": 20.812353, "activity_lines": [ 42.202716, 44.485997, 41.664704, 40.440625 ] }, { "date": "2026-07-03", "close": 42.716576, "volume": 1765074, "typical_volume": 2669544.85, "trend": 38.867608, "fair_value": 43.989702, "relative_strength": -30.256799, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.141902, "energy": 23.778769, "activity_lines": [ 41.682227, 44.223794, 41.935605, 40.708088 ] }, { "date": "2026-07-10", "close": 39.882061, "volume": 1442138, "typical_volume": 2698925.85, "trend": 39.049945, "fair_value": 44.084354, "relative_strength": -31.876954, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.945171, "energy": 18.266729, "activity_lines": [ 40.797063, 43.262681, 41.919975, 40.773537 ] }, { "date": "2026-07-17", "close": 35.804348, "volume": 1095000, "typical_volume": 2699576.5, "trend": 39.149401, "fair_value": 44.158193, "relative_strength": -33.980678, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.750676, "energy": 19.027628, "activity_lines": [ 39.056575, 41.524001, 41.519782, 40.564143 ] }, { "date": "2026-07-24", "close": 36.200001, "volume": 574086, "typical_volume": 2667004.2, "trend": 39.258731, "fair_value": 44.231905, "relative_strength": -33.710381, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.229205, "energy": 22.278457, "activity_lines": [ 37.849112, 40.135735, 41.180949, 40.37386 ] }, { "date": "2026-07-31", "close": 34.200001, "volume": 802038, "typical_volume": 2675302.0, "trend": 39.289791, "fair_value": 44.296052, "relative_strength": -35.5639, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.939847, "energy": 34.75236, "activity_lines": [ 36.379583, 38.595444, 40.649046, 40.04749 ] }, { "date": "2026-08-07", "close": 43.849998, "volume": 1582898, "typical_volume": 2723196.9, "trend": 39.6823, "fair_value": 44.417159, "relative_strength": -18.372356, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -3.171698, "energy": 16.875796, "activity_lines": [ 38.409384, 39.110113, 41.034121, 40.341697 ] }, { "date": "2026-08-14", "close": 46.099998, "volume": 4222343, "typical_volume": 2902463.7, "trend": 40.177988, "fair_value": 44.548431, "relative_strength": -15.902137, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.340194, "energy": 10.668933, "activity_lines": [ 41.113622, 40.171491, 41.580961, 40.755742 ] } ], "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." } } }