{ "ticker": { "uuid": "7cac9b9c-d40c-467b-bfec-753a9c4deebe", "symbol": "3163", "name": "Browave Corporation", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 67.681, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -17.335, "architecture_energy": 18.184, "architecture_maturity": 22.404, "architecture_confidence": 72.3, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 48.35, "rotation_up": 27.71, "upward_expansion": 20.11, "deceleration": 69.33, "rotation_down": 41.99, "downward_expansion": 38.45 }, "activity_lines": [ 638.402462, 635.292256, 713.436334, 735.434616 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 702.0, "trend_reference": 706.513794, "distance_from_trend": -0.006389, "trend_direction": "Improving", "fair_value": 241.440196, "distance_from_fair_value": 1.907552, "fair_value_direction": "Weakening", "relative_strength": 9.028396, "relative_strength_direction": "Weakening", "price_momentum": 0.691491, "excess_performance": 0.250119, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.006389, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.213642, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.907552, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.406698, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.090284, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.581034, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.691491, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.774928, "read": "Supply-led" } ], "volume": { "latest": 20263107, "relative_activity": 1.138468, "balance": 0.774928, "dry_up": 1.445585, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.215412, "annualized_volatility": 0.993685, "from_high_reference": -0.370997, "from_low_reference": 4.043531 }, "levels": { "trend_reference": 706.513794, "fair_value_reference": 241.440196, "structural_low": 434.538772, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.226097, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.07048, "regime_survival": 0.333333, "best_return": 0.241758, "worst_return": 0.109756, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.293725, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.176652, "regime_survival": 0.0, "best_return": 0.365854, "worst_return": 0.221597, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.28966, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.192231, "regime_survival": 0.0, "best_return": 0.357723, "worst_return": 0.221597, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 1.437817, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 1.163972, "regime_survival": 0.0, "best_return": 1.704111, "worst_return": 1.171523, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-16", "end": "2024-02-23", "tenure": "New", "return": 0.040042, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-03-01", "end": "2024-03-22", "tenure": "New", "return": 0.050205, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2024-11-01", "tenure": "Extended", "return": 0.443077, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.134021, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-29", "end": "2024-12-27", "tenure": "Developing", "return": 0.109756, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": 0.079208, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-24", "end": "2025-02-28", "tenure": "Developing", "return": -0.017699, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-07", "end": "2025-04-18", "tenure": "Developing", "return": -0.095238, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-06-27", "tenure": "Developing", "return": 0.253147, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-10-03", "tenure": "Established", "return": 0.20436, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": 0.108046, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-05-22", "tenure": "Extended", "return": 3.978261, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-29", "end": "2026-07-17", "tenure": "Developing", "return": -0.36699, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-08-14", "tenure": "New", "return": 0.173247, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 71.402679, "volume": 167978000, "typical_volume": 48599468.75, "trend": 47.771393, "fair_value": 38.452197, "relative_strength": 47.738212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.420604, "energy": 67.133971, "activity_lines": [ 69.074041, 63.277572, 56.037984, 52.168185 ] }, { "date": "2023-08-18", "close": 76.682747, "volume": 157421800, "typical_volume": 56199486.25, "trend": 49.028706, "fair_value": 38.667224, "relative_strength": 58.985012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.053331, "energy": 73.207243, "activity_lines": [ 72.344972, 66.595417, 58.491626, 54.033434 ] }, { "date": "2023-08-25", "close": 77.98246, "volume": 152758225, "typical_volume": 63773360.0, "trend": 50.301602, "fair_value": 38.843981, "relative_strength": 58.894036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.288509, "energy": 65.169023, "activity_lines": [ 74.884819, 69.621959, 60.907447, 55.901418 ] }, { "date": "2023-09-01", "close": 79.607086, "volume": 75811000, "typical_volume": 67356111.25, "trend": 51.585781, "fair_value": 39.049618, "relative_strength": 58.850494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.808103, "energy": 64.850267, "activity_lines": [ 76.698993, 72.398143, 63.309123, 57.792094 ] }, { "date": "2023-09-08", "close": 80.744324, "volume": 99360350, "typical_volume": 71589107.5, "trend": 52.892735, "fair_value": 39.272765, "relative_strength": 60.140378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.225892, "energy": 63.117508, "activity_lines": [ 78.724368, 74.789308, 65.641417, 59.67329 ] }, { "date": "2023-09-15", "close": 82.450203, "volume": 203238575, "typical_volume": 81463690.0, "trend": 54.226289, "fair_value": 39.514018, "relative_strength": 58.335309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.672531, "energy": 59.246562, "activity_lines": [ 80.446482, 76.911672, 67.946585, 61.580224 ] }, { "date": "2023-09-22", "close": 79.688316, "volume": 114430900, "typical_volume": 87093761.25, "trend": 55.475346, "fair_value": 39.737118, "relative_strength": 56.490771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.184006, "energy": 52.080058, "activity_lines": [ 80.511466, 78.0947, 69.792805, 63.222935 ] }, { "date": "2023-09-29", "close": 78.876007, "volume": 61656950, "typical_volume": 90044245.0, "trend": 56.659498, "fair_value": 39.966663, "relative_strength": 52.915952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.213622, "energy": 47.221378, "activity_lines": [ 80.105309, 78.757847, 71.377822, 64.732655 ] }, { "date": "2023-10-06", "close": 79.607086, "volume": 82480300, "typical_volume": 92873410.0, "trend": 57.9235, "fair_value": 40.164594, "relative_strength": 50.92584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.235089, "energy": 42.796638, "activity_lines": [ 79.883276, 79.192067, 72.847808, 66.213145 ] }, { "date": "2023-10-13", "close": 80.256943, "volume": 49073875, "typical_volume": 92047032.5, "trend": 59.236906, "fair_value": 40.396717, "relative_strength": 48.043978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.052326, "energy": 38.513485, "activity_lines": [ 79.877861, 79.698658, 74.211724, 67.654012 ] }, { "date": "2023-10-20", "close": 75.464272, "volume": 47714400, "typical_volume": 91997506.25, "trend": 60.324986, "fair_value": 40.599015, "relative_strength": 40.533235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.365849, "energy": 29.99508, "activity_lines": [ 78.307381, 79.104929, 74.974438, 68.700939 ] }, { "date": "2023-10-27", "close": 73.271019, "volume": 35412150, "typical_volume": 93051246.25, "trend": 61.34248, "fair_value": 40.760811, "relative_strength": 37.470941, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.995638, "energy": 24.651809, "activity_lines": [ 76.471546, 78.038579, 75.401652, 69.536167 ] }, { "date": "2023-11-03", "close": 73.027313, "volume": 25063925, "typical_volume": 92458752.5, "trend": 62.359416, "fair_value": 40.936283, "relative_strength": 32.533197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.269711, "energy": 19.167866, "activity_lines": [ 74.982295, 76.98995, 75.683717, 70.290027 ] }, { "date": "2023-11-10", "close": 69.940514, "volume": 17400575, "typical_volume": 93007712.5, "trend": 63.281025, "fair_value": 41.088382, "relative_strength": 24.773451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.709493, "energy": 16.597714, "activity_lines": [ 72.854024, 75.470178, 75.552465, 70.77913 ] }, { "date": "2023-11-17", "close": 71.890068, "volume": 11049700, "typical_volume": 92645988.75, "trend": 64.313013, "fair_value": 41.277179, "relative_strength": 23.449876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.818925, "energy": 17.755708, "activity_lines": [ 72.020043, 74.480627, 75.497923, 71.334552 ] }, { "date": "2023-11-24", "close": 74.895653, "volume": 30134050, "typical_volume": 89373966.25, "trend": 65.432577, "fair_value": 41.483899, "relative_strength": 26.937602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.244934, "energy": 14.465606, "activity_lines": [ 72.745715, 74.198532, 75.620158, 72.017303 ] }, { "date": "2023-12-01", "close": 76.032898, "volume": 18536800, "typical_volume": 87603476.25, "trend": 66.597616, "fair_value": 41.71225, "relative_strength": 26.62952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.788194, "energy": 11.740188, "activity_lines": [ 73.888376, 74.260565, 75.772178, 72.701195 ] }, { "date": "2023-12-08", "close": 73.595947, "volume": 12658275, "typical_volume": 83682090.0, "trend": 67.714207, "fair_value": 41.917808, "relative_strength": 22.100442, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.075676, "energy": 15.243513, "activity_lines": [ 74.034596, 73.945978, 75.612036, 73.1527 ] }, { "date": "2023-12-15", "close": 74.733192, "volume": 32323075, "typical_volume": 79147765.0, "trend": 68.72748, "fair_value": 42.124383, "relative_strength": 21.066179, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.690451, "energy": 18.778621, "activity_lines": [ 74.521988, 73.934163, 75.490576, 73.605538 ] }, { "date": "2023-12-22", "close": 73.839638, "volume": 7456550, "typical_volume": 70097973.75, "trend": 69.526869, "fair_value": 42.323884, "relative_strength": 19.241735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.261767, "energy": 16.631109, "activity_lines": [ 74.392017, 73.848501, 75.295233, 73.935355 ] }, { "date": "2023-12-29", "close": 71.808846, "volume": 10077975, "typical_volume": 62202972.5, "trend": 70.29135, "fair_value": 42.534569, "relative_strength": 12.981345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.340948, "energy": 5.236029, "activity_lines": [ 73.455143, 73.510281, 74.877083, 74.082579 ] }, { "date": "2024-01-05", "close": 70.996529, "volume": 3879850, "typical_volume": 54525875.0, "trend": 71.069104, "fair_value": 42.738255, "relative_strength": 13.464117, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.489248, "energy": 11.233173, "activity_lines": [ 72.453285, 73.090831, 74.379636, 74.128074 ] }, { "date": "2024-01-12", "close": 71.727608, "volume": 7868975, "typical_volume": 47281412.5, "trend": 71.86114, "fair_value": 42.955589, "relative_strength": 13.815431, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.349442, "energy": 22.097307, "activity_lines": [ 72.030877, 72.845658, 73.978892, 74.170558 ] }, { "date": "2024-01-19", "close": 70.834061, "volume": 7306239, "typical_volume": 43856174.45, "trend": 72.653654, "fair_value": 43.172126, "relative_strength": 10.511597, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.763114, "energy": 40.465732, "activity_lines": [ 71.435177, 72.461652, 73.522834, 74.104295 ] }, { "date": "2024-01-26", "close": 71.971313, "volume": 7108750, "typical_volume": 39243594.45, "trend": 73.422647, "fair_value": 43.400435, "relative_strength": 9.554014, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.346632, "energy": 37.47157, "activity_lines": [ 71.478502, 72.268174, 73.216861, 74.060273 ] }, { "date": "2024-02-02", "close": 74.164566, "volume": 10263625, "typical_volume": 29594846.95, "trend": 73.947946, "fair_value": 43.655799, "relative_strength": 11.620433, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.090404, "energy": 16.249485, "activity_lines": [ 72.377467, 72.471992, 73.161547, 74.108139 ] }, { "date": "2024-02-09", "close": 74.164566, "volume": 1506350, "typical_volume": 23948619.45, "trend": 74.446167, "fair_value": 43.917214, "relative_strength": 10.568981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -31.788733, "energy": 14.981967, "activity_lines": [ 73.119384, 72.689102, 73.145687, 74.122115 ] }, { "date": "2024-02-16", "close": 77.088913, "volume": 10625525, "typical_volume": 21397048.2, "trend": 75.04999, "fair_value": 44.198495, "relative_strength": 10.964836, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 3.746408, "energy": 13.049991, "activity_lines": [ 74.624881, 73.471881, 73.434641, 74.292614 ] }, { "date": "2024-02-23", "close": 80.175705, "volume": 66000925, "typical_volume": 20573079.45, "trend": 75.152883, "fair_value": 44.498219, "relative_strength": 12.801471, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 37.109621, "energy": 39.619363, "activity_lines": [ 76.801888, 74.752387, 74.026084, 74.623306 ] }, { "date": "2024-03-01", "close": 79.282166, "volume": 97352275, "typical_volume": 22986999.45, "trend": 75.540088, "fair_value": 44.775633, "relative_strength": 10.47324, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.174701, "energy": 46.108108, "activity_lines": [ 78.058272, 75.771476, 74.529721, 74.889711 ] }, { "date": "2024-03-08", "close": 89.761063, "volume": 133209750, "typical_volume": 27261766.95, "trend": 76.152034, "fair_value": 45.126942, "relative_strength": 18.590904, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.472452, "energy": 71.897616, "activity_lines": [ 82.320232, 78.596865, 76.03599, 75.807193 ] }, { "date": "2024-03-15", "close": 82.450203, "volume": 183788800, "typical_volume": 34680599.45, "trend": 76.344283, "fair_value": 45.430489, "relative_strength": 8.656962, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.462313, "energy": 56.658181, "activity_lines": [ 83.105473, 79.766602, 76.777907, 76.213527 ] }, { "date": "2024-03-22", "close": 83.262512, "volume": 24761950, "typical_volume": 34665500.7, "trend": 76.520284, "fair_value": 45.733418, "relative_strength": 6.012346, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.755585, "energy": 56.234399, "activity_lines": [ 83.609107, 80.875783, 77.553476, 76.659864 ] }, { "date": "2024-03-29", "close": 83.262512, "volume": 31582825, "typical_volume": 35374613.2, "trend": 76.642132, "fair_value": 46.034106, "relative_strength": 4.93523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.422793, "energy": 47.504574, "activity_lines": [ 83.701167, 81.775238, 78.280306, 77.094846 ] }, { "date": "2024-04-05", "close": 85.293312, "volume": 19111375, "typical_volume": 35777696.95, "trend": 76.793765, "fair_value": 46.34602, "relative_strength": 6.476279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.246312, "energy": 38.612116, "activity_lines": [ 84.264374, 82.817958, 79.137107, 77.652987 ] }, { "date": "2024-04-12", "close": 81.23172, "volume": 20369800, "typical_volume": 35289484.45, "trend": 76.753149, "fair_value": 46.624278, "relative_strength": -1.154286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.713265, "energy": 30.881745, "activity_lines": [ 83.072974, 82.879989, 79.543265, 77.939307 ] }, { "date": "2024-04-19", "close": 75.139343, "volume": 19769375, "typical_volume": 35351113.2, "trend": 76.601516, "fair_value": 46.856761, "relative_strength": -3.478288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.623621, "energy": 13.446428, "activity_lines": [ 80.419404, 81.705821, 79.339025, 77.83519 ] }, { "date": "2024-04-26", "close": 80.419403, "volume": 21715175, "typical_volume": 35803958.2, "trend": 76.652963, "fair_value": 47.111437, "relative_strength": -0.38877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.182944, "energy": 15.51436, "activity_lines": [ 80.013246, 81.473941, 79.641903, 78.081506 ] }, { "date": "2024-05-03", "close": 84.074837, "volume": 55743175, "typical_volume": 36974963.2, "trend": 76.801888, "fair_value": 47.409714, "relative_strength": 2.325536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.35817, "energy": 18.152437, "activity_lines": [ 81.015105, 81.84613, 80.260425, 78.560336 ] }, { "date": "2024-05-10", "close": 82.450203, "volume": 39932375, "typical_volume": 38598754.45, "trend": 76.874996, "fair_value": 47.698024, "relative_strength": -2.135481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.425802, "energy": 15.226027, "activity_lines": [ 81.421265, 81.852039, 80.679735, 78.924744 ] }, { "date": "2024-05-17", "close": 84.887154, "volume": 49042150, "typical_volume": 40546963.2, "trend": 77.189093, "fair_value": 48.017642, "relative_strength": -2.4255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.140158, "energy": 25.663664, "activity_lines": [ 82.829283, 82.243428, 81.290134, 79.441657 ] }, { "date": "2024-05-24", "close": 92.604164, "volume": 76872025, "typical_volume": 44196571.95, "trend": 77.833531, "fair_value": 48.427286, "relative_strength": 4.306083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.534363, "energy": 46.287375, "activity_lines": [ 86.565941, 84.126527, 82.573208, 80.436178 ] }, { "date": "2024-05-31", "close": 86.511787, "volume": 35118400, "typical_volume": 45559043.2, "trend": 78.283013, "fair_value": 48.788466, "relative_strength": -1.291236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.679638, "energy": 43.815899, "activity_lines": [ 87.107486, 84.717304, 83.173162, 80.996065 ] }, { "date": "2024-06-07", "close": 89.761063, "volume": 21335650, "typical_volume": 46260513.75, "trend": 78.943698, "fair_value": 49.164647, "relative_strength": -1.37772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.961047, "energy": 54.096047, "activity_lines": [ 88.325964, 85.83978, 84.012171, 81.736585 ] }, { "date": "2024-06-14", "close": 89.761063, "volume": 24373025, "typical_volume": 47123727.5, "trend": 79.539398, "fair_value": 49.539037, "relative_strength": -4.744315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.137499, "energy": 59.008677, "activity_lines": [ 89.165361, 86.844101, 84.761051, 82.434479 ] }, { "date": "2024-06-21", "close": 110.068985, "volume": 173874150, "typical_volume": 55304253.75, "trend": 80.711842, "fair_value": 50.047638, "relative_strength": 12.018155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.737614, "energy": 76.098419, "activity_lines": [ 96.286674, 91.459539, 87.359305, 84.40413 ] }, { "date": "2024-06-28", "close": 114.313408, "volume": 90090775, "typical_volume": 59733475.0, "trend": 81.987859, "fair_value": 50.576501, "relative_strength": 16.357388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.17715, "energy": 84.473289, "activity_lines": [ 103.144005, 96.322377, 90.190817, 86.571973 ] }, { "date": "2024-07-05", "close": 117.233826, "volume": 59647700, "typical_volume": 62184583.75, "trend": 83.442455, "fair_value": 51.126102, "relative_strength": 15.904775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.503493, "energy": 86.756567, "activity_lines": [ 109.527527, 101.003944, 93.109279, 88.845906 ] }, { "date": "2024-07-12", "close": 132.670319, "volume": 164807850, "typical_volume": 67124930.0, "trend": 85.373693, "fair_value": 51.780256, "relative_strength": 27.974447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.964206, "energy": 92.169522, "activity_lines": [ 119.00841, 107.822793, 97.306717, 92.021897 ] }, { "date": "2024-07-19", "close": 136.842331, "volume": 197061600, "typical_volume": 72110396.25, "trend": 87.473783, "fair_value": 52.459361, "relative_strength": 36.518984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.158437, "energy": 90.072973, "activity_lines": [ 127.019347, 114.516636, 101.651515, 95.342455 ] }, { "date": "2024-07-26", "close": 141.84874, "volume": 69755050, "typical_volume": 68937661.25, "trend": 89.808446, "fair_value": 53.163164, "relative_strength": 45.067802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.252838, "energy": 89.760887, "activity_lines": [ 133.560336, 121.131787, 106.199018, 98.850516 ] }, { "date": "2024-08-02", "close": 132.253113, "volume": 116961850, "typical_volume": 65596313.75, "trend": 91.850332, "fair_value": 53.804784, "relative_strength": 37.01323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.966566, "energy": 73.600307, "activity_lines": [ 134.784132, 124.966613, 109.584615, 101.588882 ] }, { "date": "2024-08-09", "close": 113.896202, "volume": 87241400, "typical_volume": 68720286.25, "trend": 93.255952, "fair_value": 54.337696, "relative_strength": 18.412378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.52508, "energy": 52.862752, "activity_lines": [ 128.692978, 124.742929, 110.984778, 103.011196 ] }, { "date": "2024-08-16", "close": 119.737038, "volume": 42401050, "typical_volume": 69261197.5, "trend": 94.886051, "fair_value": 54.910737, "relative_strength": 19.235224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.294146, "energy": 38.919452, "activity_lines": [ 124.771277, 125.083317, 112.795336, 104.719653 ] }, { "date": "2024-08-23", "close": 135.173523, "volume": 108179900, "typical_volume": 73714623.75, "trend": 96.992791, "fair_value": 55.593486, "relative_strength": 34.97818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.713499, "energy": 36.957635, "activity_lines": [ 126.857289, 127.685321, 115.902348, 107.318845 ] }, { "date": "2024-08-30", "close": 144.351959, "volume": 119565650, "typical_volume": 78674416.25, "trend": 99.332371, "fair_value": 56.337088, "relative_strength": 42.401122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.536113, "energy": 43.951247, "activity_lines": [ 132.114035, 131.13045, 119.645971, 110.374275 ] }, { "date": "2024-09-06", "close": 134.339111, "volume": 61149350, "typical_volume": 80743415.0, "trend": 101.338189, "fair_value": 56.9932, "relative_strength": 36.865835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.297364, "energy": 41.788805, "activity_lines": [ 133.866283, 132.131734, 122.135418, 112.632775 ] }, { "date": "2024-09-13", "close": 132.253113, "volume": 48160900, "typical_volume": 82065701.25, "trend": 103.176996, "fair_value": 57.648126, "relative_strength": 32.063022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.633251, "energy": 42.156299, "activity_lines": [ 134.784131, 132.389643, 124.144294, 114.627286 ] }, { "date": "2024-09-20", "close": 133.921921, "volume": 35335775, "typical_volume": 81045331.25, "trend": 104.968536, "fair_value": 58.322299, "relative_strength": 30.679078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.700198, "energy": 40.461023, "activity_lines": [ 135.034455, 132.677893, 126.065277, 116.610829 ] }, { "date": "2024-09-27", "close": 133.921921, "volume": 53117050, "typical_volume": 81704565.0, "trend": 106.789862, "fair_value": 59.000272, "relative_strength": 26.331903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.854859, "energy": 34.430011, "activity_lines": [ 134.339121, 132.943387, 127.748894, 118.47879 ] }, { "date": "2024-10-04", "close": 136.007935, "volume": 29292750, "typical_volume": 80717095.0, "trend": 108.331424, "fair_value": 59.693755, "relative_strength": 30.599618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.809569, "energy": 32.998388, "activity_lines": [ 134.422564, 133.641254, 129.386074, 120.363827 ] }, { "date": "2024-10-11", "close": 143.517563, "volume": 84859675, "typical_volume": 81116477.5, "trend": 110.367003, "fair_value": 60.439414, "relative_strength": 33.391023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.202013, "energy": 39.386974, "activity_lines": [ 137.565485, 135.810705, 131.495025, 122.6339 ] }, { "date": "2024-10-18", "close": 131.835892, "volume": 67165350, "typical_volume": 82718825.0, "trend": 111.986115, "fair_value": 61.108765, "relative_strength": 18.980133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.914222, "energy": 33.448267, "activity_lines": [ 136.202619, 135.651407, 132.248992, 124.01899 ] }, { "date": "2024-10-25", "close": 128.915497, "volume": 22581150, "typical_volume": 82781100.0, "trend": 113.507882, "fair_value": 61.763196, "relative_strength": 16.570508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.836422, "energy": 25.486356, "activity_lines": [ 133.894102, 134.634953, 132.508996, 125.111208 ] }, { "date": "2024-11-01", "close": 120.154236, "volume": 16338375, "typical_volume": 82379367.5, "trend": 114.669912, "fair_value": 62.35244, "relative_strength": 10.975735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.896104, "energy": 11.669469, "activity_lines": [ 128.998927, 131.858661, 131.748145, 125.540005 ] }, { "date": "2024-11-08", "close": 121.405846, "volume": 22532975, "typical_volume": 74812308.75, "trend": 116.00905, "fair_value": 62.941869, "relative_strength": 8.027421, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.595117, "energy": 13.946369, "activity_lines": [ 125.438801, 129.583012, 130.961765, 125.974581 ] }, { "date": "2024-11-15", "close": 109.306984, "volume": 11795825, "typical_volume": 70897561.25, "trend": 117.147971, "fair_value": 63.451367, "relative_strength": 0.476027, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -12.764877, "energy": 25.058352, "activity_lines": [ 118.819193, 125.524772, 128.969128, 125.54219 ] }, { "date": "2024-11-22", "close": 105.134956, "volume": 11343545, "typical_volume": 68482353.5, "trend": 117.971823, "fair_value": 63.936258, "relative_strength": -4.139931, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.258032, "energy": 56.177996, "activity_lines": [ 113.089615, 121.163111, 126.602995, 124.767157 ] }, { "date": "2024-11-29", "close": 102.631752, "volume": 11410425, "typical_volume": 60812482.25, "trend": 118.590387, "fair_value": 64.395128, "relative_strength": -3.821049, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.819765, "energy": 64.201065, "activity_lines": [ 108.305698, 116.839379, 124.056075, 123.777475 ] }, { "date": "2024-12-06", "close": 114.313408, "volume": 39317850, "typical_volume": 52925294.75, "trend": 119.652494, "fair_value": 64.930781, "relative_strength": 2.541061, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.482688, "energy": 61.157742, "activity_lines": [ 109.167915, 115.208498, 122.764735, 123.501541 ] }, { "date": "2024-12-13", "close": 107.220963, "volume": 13416150, "typical_volume": 50108349.75, "trend": 120.396954, "fair_value": 65.420494, "relative_strength": -3.265177, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.706302, "energy": 57.553793, "activity_lines": [ 108.055373, 112.644599, 120.905204, 122.699506 ] }, { "date": "2024-12-20", "close": 112.227394, "volume": 13277500, "typical_volume": 44924132.25, "trend": 121.051062, "fair_value": 65.940875, "relative_strength": 3.22122, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.67681, "energy": 32.970317, "activity_lines": [ 109.5573, 111.514359, 119.687371, 122.172438 ] }, { "date": "2024-12-27", "close": 113.896202, "volume": 17539225, "typical_volume": 41439023.5, "trend": 121.963875, "fair_value": 66.477653, "relative_strength": 0.953998, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -44.388045, "energy": 29.411045, "activity_lines": [ 111.420803, 111.256452, 118.723832, 121.710834 ] }, { "date": "2025-01-03", "close": 126.412277, "volume": 46779100, "typical_volume": 41657926.0, "trend": 123.185583, "fair_value": 67.09395, "relative_strength": 13.186574, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.625716, "energy": 15.888406, "activity_lines": [ 116.872247, 113.600371, 118.9523, 121.997828 ] }, { "date": "2025-01-10", "close": 141.014343, "volume": 136698325, "typical_volume": 43083847.25, "trend": 124.894025, "fair_value": 67.798149, "relative_strength": 24.693176, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.600236, "energy": 25.28016, "activity_lines": [ 125.605679, 118.644724, 120.539654, 123.14807 ] }, { "date": "2025-01-17", "close": 136.42514, "volume": 158153825, "typical_volume": 45013256.0, "trend": 125.772564, "fair_value": 68.478156, "relative_strength": 19.045952, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 26.375242, "energy": 33.213185, "activity_lines": [ 131.029313, 122.475401, 121.662128, 123.892013 ] }, { "date": "2025-01-24", "close": 141.431549, "volume": 82890375, "typical_volume": 46100307.25, "trend": 126.676502, "fair_value": 69.194768, "relative_strength": 20.49323, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.556358, "energy": 46.155298, "activity_lines": [ 136.174806, 126.943257, 123.29915, 124.90227 ] }, { "date": "2025-02-07", "close": 135.590729, "volume": 74776083, "typical_volume": 47431066.4, "trend": 127.288399, "fair_value": 69.874414, "relative_strength": 15.009402, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.917126, "energy": 46.029647, "activity_lines": [ 137.426415, 129.765063, 124.346129, 125.477382 ] }, { "date": "2025-02-14", "close": 143.517563, "volume": 106195853, "typical_volume": 50974070.3, "trend": 127.649973, "fair_value": 70.607485, "relative_strength": 22.46024, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.828517, "energy": 49.608191, "activity_lines": [ 139.874, 133.47437, 126.132152, 126.524425 ] }, { "date": "2025-02-21", "close": 138.511124, "volume": 111441225, "typical_volume": 53890279.05, "trend": 127.7056, "fair_value": 71.304189, "relative_strength": 14.574075, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.085251, "energy": 36.459689, "activity_lines": [ 139.51242, 135.530036, 127.395677, 127.225144 ] }, { "date": "2025-02-28", "close": 138.928329, "volume": 41222369, "typical_volume": 54486760.0, "trend": 127.608253, "fair_value": 72.005229, "relative_strength": 17.503968, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.738942, "energy": 36.282754, "activity_lines": [ 139.456789, 137.2216, 128.677083, 127.949191 ] }, { "date": "2025-03-07", "close": 140.179947, "volume": 56491943, "typical_volume": 53068373.4, "trend": 127.872481, "fair_value": 72.71833, "relative_strength": 20.157037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.890856, "energy": 35.023453, "activity_lines": [ 139.651485, 138.564233, 130.063784, 128.760268 ] }, { "date": "2025-03-14", "close": 143.100357, "volume": 63816458, "typical_volume": 52900928.8, "trend": 128.845952, "fair_value": 73.443502, "relative_strength": 25.134458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.77054, "energy": 34.23923, "activity_lines": [ 140.903091, 139.929622, 131.744513, 129.742712 ] }, { "date": "2025-03-21", "close": 180.231369, "volume": 250196144, "typical_volume": 64281678.5, "trend": 130.86243, "fair_value": 74.404556, "relative_strength": 53.664402, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.829039, "energy": 70.146472, "activity_lines": [ 154.03106, 147.515119, 136.907888, 133.0579 ] }, { "date": "2025-03-28", "close": 158.53685, "volume": 253658144, "typical_volume": 76147666.95, "trend": 131.641208, "fair_value": 75.202792, "relative_strength": 37.349011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.918075, "energy": 63.296752, "activity_lines": [ 157.479935, 150.177629, 139.760757, 134.843346 ] }, { "date": "2025-04-04", "close": 140.179947, "volume": 67916867, "typical_volume": 78416861.55, "trend": 131.502141, "fair_value": 75.87813, "relative_strength": 22.093326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.06825, "energy": 51.203435, "activity_lines": [ 153.474794, 149.183929, 140.682575, 135.394233 ] }, { "date": "2025-04-11", "close": 110.558586, "volume": 23055294, "typical_volume": 78979835.0, "trend": 130.709456, "fair_value": 76.362639, "relative_strength": 4.471877, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.743677, "energy": 13.535245, "activity_lines": [ 139.512424, 142.736258, 138.693911, 134.043036 ] }, { "date": "2025-04-18", "close": 126.829483, "volume": 170627503, "typical_volume": 86944032.9, "trend": 130.528669, "fair_value": 76.947885, "relative_strength": 19.560925, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.524953, "energy": 17.952244, "activity_lines": [ 132.948445, 139.808258, 138.248896, 133.792715 ] }, { "date": "2025-04-25", "close": 127.663879, "volume": 180886090, "typical_volume": 95417816.15, "trend": 130.320067, "fair_value": 77.550117, "relative_strength": 16.400255, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.832689, "energy": 21.935377, "activity_lines": [ 127.747322, 137.191263, 137.78004, 133.60789 ] }, { "date": "2025-05-02", "close": 131.418701, "volume": 92336521, "typical_volume": 98068749.7, "trend": 130.236627, "fair_value": 78.178556, "relative_strength": 13.629488, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.837043, "energy": 22.677333, "activity_lines": [ 127.302306, 135.545211, 137.549586, 133.678769 ] }, { "date": "2025-05-09", "close": 129.749893, "volume": 101146247, "typical_volume": 102455254.55, "trend": 130.028025, "fair_value": 78.794398, "relative_strength": 10.711764, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.683661, "energy": 17.354198, "activity_lines": [ 128.108897, 133.724692, 137.078744, 133.647367 ] }, { "date": "2025-05-16", "close": 142.683167, "volume": 144862718, "typical_volume": 109034515.45, "trend": 130.000212, "fair_value": 79.488871, "relative_strength": 15.559884, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.726498, "energy": 9.822353, "activity_lines": [ 133.921917, 134.422559, 137.732361, 134.463828 ] }, { "date": "2025-05-23", "close": 137.676743, "volume": 53275799, "typical_volume": 110821344.15, "trend": 130.194907, "fair_value": 80.133913, "relative_strength": 11.593019, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.652724, "energy": 13.088257, "activity_lines": [ 135.92449, 134.164653, 137.764149, 134.959088 ] }, { "date": "2025-05-30", "close": 134.756317, "volume": 28498231, "typical_volume": 109907300.7, "trend": 130.389601, "fair_value": 80.764747, "relative_strength": 10.036542, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.170742, "energy": 14.493058, "activity_lines": [ 136.230436, 133.474372, 137.40456, 135.253373 ] }, { "date": "2025-06-06", "close": 139.345535, "volume": 57478436, "typical_volume": 105946306.25, "trend": 131.029311, "fair_value": 81.426899, "relative_strength": 11.262313, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.625814, "energy": 18.098517, "activity_lines": [ 137.593293, 134.445314, 137.442306, 135.831175 ] }, { "date": "2025-06-13", "close": 148.523987, "volume": 121208020, "typical_volume": 104099016.0, "trend": 131.933249, "fair_value": 82.10395, "relative_strength": 15.369644, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.738954, "energy": 24.515535, "activity_lines": [ 141.487179, 137.433998, 138.362138, 136.959863 ] }, { "date": "2025-06-20", "close": 150.192795, "volume": 113963246, "typical_volume": 105652659.55, "trend": 133.29611, "fair_value": 82.785524, "relative_strength": 15.732198, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.222062, "energy": 38.285493, "activity_lines": [ 144.685727, 140.574392, 139.383289, 138.137899 ] }, { "date": "2025-06-27", "close": 159.981552, "volume": 79960778, "typical_volume": 105911894.3, "trend": 135.124329, "fair_value": 83.570695, "relative_strength": 19.440215, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.724412, "energy": 58.103937, "activity_lines": [ 150.646553, 144.773937, 141.294983, 139.85954 ] }, { "date": "2025-07-04", "close": 155.738007, "volume": 57579929, "typical_volume": 103481098.1, "trend": 136.894538, "fair_value": 84.345528, "relative_strength": 15.710831, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.982378, "energy": 62.125581, "activity_lines": [ 153.705876, 147.599165, 142.686383, 141.189455 ] }, { "date": "2025-07-11", "close": 157.011078, "volume": 59944481, "typical_volume": 100906260.9, "trend": 138.317794, "fair_value": 85.155592, "relative_strength": 14.900682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.979429, "energy": 65.523542, "activity_lines": [ 155.790777, 150.145421, 144.140836, 142.487296 ] }, { "date": "2025-07-18", "close": 157.011078, "volume": 38891859, "typical_volume": 100789735.4, "trend": 139.977464, "fair_value": 85.934132, "relative_strength": 11.378274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.082509, "energy": 64.984649, "activity_lines": [ 156.697975, 152.226361, 145.507193, 143.693314 ] }, { "date": "2025-07-25", "close": 148.948349, "volume": 32051810, "typical_volume": 99567728.75, "trend": 141.201496, "fair_value": 86.639164, "relative_strength": 5.611806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.752207, "energy": 45.049929, "activity_lines": [ 154.35179, 152.345692, 146.019563, 144.272081 ] }, { "date": "2025-08-01", "close": 144.183192, "volume": 21354143, "typical_volume": 97444613.0, "trend": 142.211062, "fair_value": 87.33111, "relative_strength": 2.012288, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.864674, "energy": 23.099127, "activity_lines": [ 150.500184, 151.484719, 146.036354, 144.464449 ] }, { "date": "2025-08-08", "close": 143.856094, "volume": 14280172, "typical_volume": 85648814.4, "trend": 142.792523, "fair_value": 88.000104, "relative_strength": -0.666745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.99568, "energy": 17.512549, "activity_lines": [ 147.592768, 150.445975, 146.016837, 144.57058 ] }, { "date": "2025-08-15", "close": 171.863464, "volume": 157140983, "typical_volume": 80822956.35, "trend": 143.820827, "fair_value": 88.828264, "relative_strength": 16.491956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.612609, "energy": 33.065077, "activity_lines": [ 154.81327, 154.334029, 148.837904, 146.446124 ] }, { "date": "2025-08-22", "close": 172.712173, "volume": 135783561, "typical_volume": 84216291.05, "trend": 145.030395, "fair_value": 89.645375, "relative_strength": 19.153234, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.505321, "energy": 45.570201, "activity_lines": [ 161.326516, 157.785159, 151.67634, 148.310082 ] }, { "date": "2025-08-29", "close": 210.479706, "volume": 203018248, "typical_volume": 93214438.75, "trend": 147.332, "fair_value": 90.698765, "relative_strength": 41.249453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.072085, "energy": 83.322308, "activity_lines": [ 179.3822, 167.663327, 157.956769, 152.532618 ] }, { "date": "2025-09-05", "close": 212.177124, "volume": 156220547, "typical_volume": 92494090.95, "trend": 149.88488, "fair_value": 91.758672, "relative_strength": 39.91477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.482298, "energy": 90.91011, "activity_lines": [ 193.901599, 176.753992, 163.923042, 156.716175 ] }, { "date": "2025-09-12", "close": 195.202957, "volume": 83730906, "typical_volume": 87636331.75, "trend": 151.607726, "fair_value": 92.703465, "relative_strength": 23.235254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.559611, "energy": 84.49213, "activity_lines": [ 198.230014, 181.809434, 167.86631, 159.639922 ] }, { "date": "2025-09-19", "close": 189.261993, "volume": 42022147, "typical_volume": 85120613.05, "trend": 153.299422, "fair_value": 93.634424, "relative_strength": 18.515713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.659994, "energy": 83.009872, "activity_lines": [ 197.154983, 185.067156, 170.922157, 162.069229 ] }, { "date": "2025-09-26", "close": 179.501846, "volume": 46971937, "typical_volume": 82411897.55, "trend": 154.651872, "fair_value": 94.514943, "relative_strength": 12.059281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.325122, "energy": 53.183268, "activity_lines": [ 191.666668, 185.963925, 172.773022, 163.759708 ] }, { "date": "2025-10-03", "close": 187.56459, "volume": 34549891, "typical_volume": 76896256.2, "trend": 156.23136, "fair_value": 95.46218, "relative_strength": 11.535561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.927183, "energy": 39.236949, "activity_lines": [ 188.41329, 187.917725, 175.154854, 165.883109 ] }, { "date": "2025-10-10", "close": 184.594101, "volume": 15500019, "typical_volume": 75007467.2, "trend": 157.614485, "fair_value": 96.403713, "relative_strength": 7.376749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.245041, "energy": 28.741312, "activity_lines": [ 185.697423, 188.629323, 177.040061, 167.712964 ] }, { "date": "2025-10-17", "close": 178.22879, "volume": 18126179, "typical_volume": 74488864.6, "trend": 157.547733, "fair_value": 97.29741, "relative_strength": 3.589741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.331152, "energy": 21.76884, "activity_lines": [ 182.698654, 187.448848, 178.095632, 169.042919 ] }, { "date": "2025-10-24", "close": 192.65683, "volume": 69539225, "typical_volume": 75091904.05, "trend": 158.685065, "fair_value": 98.303479, "relative_strength": 10.573447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.847634, "energy": 26.708668, "activity_lines": [ 185.640843, 188.266694, 180.31829, 171.308022 ] }, { "date": "2025-10-31", "close": 204.538757, "volume": 114955841, "typical_volume": 74779295.1, "trend": 160.830359, "fair_value": 99.400506, "relative_strength": 13.881518, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.058148, "energy": 37.55918, "activity_lines": [ 192.317351, 190.86683, 183.418697, 174.266325 ] }, { "date": "2025-11-07", "close": 195.202957, "volume": 16272721, "typical_volume": 69894768.85, "trend": 163.651838, "fair_value": 100.436233, "relative_strength": 10.375357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.293174, "energy": 34.152787, "activity_lines": [ 194.212799, 191.190882, 185.363243, 176.483912 ] }, { "date": "2025-11-14", "close": 192.65683, "volume": 4719794, "typical_volume": 66132719.65, "trend": 165.846083, "fair_value": 101.417082, "relative_strength": 9.328066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.445709, "energy": 37.042536, "activity_lines": [ 194.750313, 191.329761, 186.850966, 178.355201 ] }, { "date": "2025-11-21", "close": 187.140228, "volume": 20244237, "typical_volume": 64265935.05, "trend": 167.828628, "fair_value": 102.353355, "relative_strength": 9.321474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.721777, "energy": 32.086393, "activity_lines": [ 192.911445, 190.820536, 187.657703, 179.729017 ] }, { "date": "2025-11-28", "close": 269.889313, "volume": 167635025, "typical_volume": 69650462.25, "trend": 172.444315, "fair_value": 103.82104, "relative_strength": 48.575796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.943209, "energy": 75.588947, "activity_lines": [ 218.061509, 205.503195, 196.19577, 186.313578 ] }, { "date": "2025-12-05", "close": 277.527679, "volume": 124847384, "typical_volume": 73948238.5, "trend": 177.370241, "fair_value": 105.335749, "relative_strength": 48.539459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.174876, "energy": 90.566393, "activity_lines": [ 240.608863, 220.108695, 204.923785, 193.093149 ] }, { "date": "2025-12-12", "close": 338.634705, "volume": 135076020, "typical_volume": 79099449.0, "trend": 183.901959, "fair_value": 107.220346, "relative_strength": 76.255633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.917476, "energy": 97.48053, "activity_lines": [ 278.659298, 244.042277, 218.897629, 203.497308 ] }, { "date": "2025-12-19", "close": 300.44281, "volume": 40484000, "typical_volume": 80055941.85, "trend": 189.327495, "fair_value": 108.872247, "relative_strength": 56.475831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.440191, "energy": 89.51743, "activity_lines": [ 294.416984, 258.285148, 228.33088, 211.016073 ] }, { "date": "2025-12-26", "close": 331.845032, "volume": 7464156, "typical_volume": 79715141.05, "trend": 195.897118, "fair_value": 110.736599, "relative_strength": 64.598041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.173658, "energy": 92.853428, "activity_lines": [ 313.456346, 276.131174, 240.010727, 220.210753 ] }, { "date": "2026-01-02", "close": 355.18454, "volume": 10621320, "typical_volume": 72389157.9, "trend": 203.091752, "fair_value": 112.768508, "relative_strength": 68.109083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.379517, "energy": 93.787407, "activity_lines": [ 330.628556, 295.427724, 253.018198, 230.487361 ] }, { "date": "2026-01-09", "close": 315.295227, "volume": 53651383, "typical_volume": 68282549.0, "trend": 208.650793, "fair_value": 114.549566, "relative_strength": 42.737255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.315724, "energy": 66.293534, "activity_lines": [ 328.817981, 304.516622, 261.353729, 237.726295 ] }, { "date": "2026-01-16", "close": 305.535034, "volume": 4278639, "typical_volume": 58345568.55, "trend": 213.828868, "fair_value": 116.259813, "relative_strength": 32.133298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.871436, "energy": 61.493355, "activity_lines": [ 321.236171, 309.817186, 268.080751, 243.976891 ] }, { "date": "2026-01-23", "close": 324.206665, "volume": 3346246, "typical_volume": 50701853.5, "trend": 219.303038, "fair_value": 118.088296, "relative_strength": 36.270223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.766041, "energy": 57.219337, "activity_lines": [ 322.084884, 316.506555, 276.13338, 251.098039 ] }, { "date": "2026-01-30", "close": 387.011078, "volume": 110975243, "typical_volume": 52064070.35, "trend": 227.012141, "fair_value": 120.314036, "relative_strength": 59.650705, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.166656, "energy": 62.241115, "activity_lines": [ 342.284143, 332.223092, 289.633907, 261.917912 ] }, { "date": "2026-02-06", "close": 415.018463, "volume": 10201252, "typical_volume": 50473025.6, "trend": 235.612387, "fair_value": 122.711067, "relative_strength": 69.575758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.904096, "energy": 67.999656, "activity_lines": [ 368.141461, 349.397865, 304.888432, 274.047353 ] }, { "date": "2026-02-13", "close": 499.889282, "volume": 7467524, "typical_volume": 48497804.95, "trend": 247.04166, "fair_value": 125.649231, "relative_strength": 89.077986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.845807, "energy": 90.139566, "activity_lines": [ 418.300124, 379.364985, 327.150861, 291.097475 ] }, { "date": "2026-02-27", "close": 658.597778, "volume": 6465506, "typical_volume": 47093585.7, "trend": 264.029975, "fair_value": 129.598937, "relative_strength": 129.234783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.575436, "energy": 97.536049, "activity_lines": [ 509.055349, 434.145257, 363.002731, 317.649482 ] }, { "date": "2026-03-06", "close": 613.616272, "volume": 7224500, "typical_volume": 46679809.75, "trend": 279.677744, "fair_value": 133.261756, "relative_strength": 118.769589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.263748, "energy": 94.040504, "activity_lines": [ 561.279221, 474.929563, 392.327632, 340.203437 ] }, { "date": "2026-03-13", "close": 753.653137, "volume": 7129837, "typical_volume": 46129992.65, "trend": 300.004312, "fair_value": 137.814971, "relative_strength": 160.484735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.906868, "energy": 96.495353, "activity_lines": [ 640.888076, 535.481053, 432.946416, 370.782495 ] }, { "date": "2026-03-20", "close": 774.022156, "volume": 25467780, "typical_volume": 43926420.4, "trend": 320.076268, "fair_value": 142.509428, "relative_strength": 156.933614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.411769, "energy": 93.66783, "activity_lines": [ 702.843799, 592.066764, 472.764989, 401.364291 ] }, { "date": "2026-03-27", "close": 724.797058, "volume": 5956853, "typical_volume": 38476471.0, "trend": 338.479098, "fair_value": 146.893673, "relative_strength": 136.744806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.590045, "energy": 74.870888, "activity_lines": [ 724.457576, 632.087227, 505.127052, 427.47531 ] }, { "date": "2026-04-03", "close": 807.97052, "volume": 11786899, "typical_volume": 38252179.9, "trend": 358.395458, "fair_value": 151.798472, "relative_strength": 158.883597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.107628, "energy": 71.980182, "activity_lines": [ 758.80199, 679.784651, 542.932977, 457.765079 ] }, { "date": "2026-04-10", "close": 1069.372803, "volume": 28696921, "typical_volume": 39451036.25, "trend": 386.968648, "fair_value": 158.379412, "relative_strength": 200.855848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.330452, "energy": 77.248937, "activity_lines": [ 870.322315, 765.874571, 602.716416, 503.634585 ] }, { "date": "2026-04-17", "close": 1039.667969, "volume": 3606764, "typical_volume": 38619162.6, "trend": 415.117481, "fair_value": 164.771391, "relative_strength": 169.801926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.89717, "energy": 73.984923, "activity_lines": [ 941.557259, 833.015137, 655.495986, 545.744219 ] }, { "date": "2026-04-24", "close": 980.258301, "volume": 18107077, "typical_volume": 31142765.2, "trend": 441.484025, "fair_value": 170.783994, "relative_strength": 132.519541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.296836, "energy": 68.281992, "activity_lines": [ 973.921326, 877.487457, 698.557836, 582.204917 ] }, { "date": "2026-05-01", "close": 971.77124, "volume": 21883707, "typical_volume": 25994581.35, "trend": 467.893005, "fair_value": 176.750922, "relative_strength": 123.191745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.545924, "energy": 66.833961, "activity_lines": [ 989.707296, 910.139586, 737.428685, 616.416995 ] }, { "date": "2026-05-08", "close": 857.195618, "volume": 24751467, "typical_volume": 20478353.7, "trend": 490.214039, "fair_value": 181.980966, "relative_strength": 79.792303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.68889, "energy": 57.965533, "activity_lines": [ 950.836446, 913.380113, 762.081648, 641.533293 ] }, { "date": "2026-05-15", "close": 806.273071, "volume": 3180741, "typical_volume": 18613190.75, "trend": 510.936671, "fair_value": 186.886039, "relative_strength": 67.131823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.455398, "energy": 40.401344, "activity_lines": [ 891.709741, 903.751124, 779.415507, 661.924198 ] }, { "date": "2026-05-22", "close": 971.77124, "volume": 9213368, "typical_volume": 18700651.35, "trend": 537.388086, "fair_value": 192.858302, "relative_strength": 91.05544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.019917, "energy": 37.638524, "activity_lines": [ 905.289075, 920.709861, 810.102381, 691.655461 ] }, { "date": "2026-05-29", "close": 874.1698, "volume": 27799218, "typical_volume": 19559546.25, "trend": 560.105185, "fair_value": 198.177756, "relative_strength": 59.045083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.984586, "energy": 28.662854, "activity_lines": [ 890.861043, 915.957098, 828.446612, 713.383313 ] }, { "date": "2026-06-05", "close": 865.682678, "volume": 19906491, "typical_volume": 17872301.65, "trend": 582.143316, "fair_value": 203.407401, "relative_strength": 53.227437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.393982, "energy": 26.602968, "activity_lines": [ 880.676538, 907.840355, 843.511188, 733.09799 ] }, { "date": "2026-06-12", "close": 729.889343, "volume": 23674804, "typical_volume": 18842109.9, "trend": 599.966196, "fair_value": 207.772882, "relative_strength": 29.819847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.154699, "energy": 20.13943, "activity_lines": [ 832.300159, 872.472359, 843.022172, 742.629992 ] }, { "date": "2026-06-19", "close": 757.896667, "volume": 19406717, "typical_volume": 19645133.45, "trend": 618.807524, "fair_value": 212.325656, "relative_strength": 26.311289, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.762523, "energy": 18.227266, "activity_lines": [ 801.746639, 843.616261, 843.179786, 752.819054 ] }, { "date": "2026-06-26", "close": 611.070068, "volume": 6507275, "typical_volume": 14421735.05, "trend": 632.938518, "fair_value": 215.935294, "relative_strength": 5.088028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.323081, "energy": 17.897575, "activity_lines": [ 725.476013, 793.72762, 827.288723, 752.319864 ] }, { "date": "2026-07-03", "close": 694.243591, "volume": 4940816, "typical_volume": 14158713.25, "trend": 647.083661, "fair_value": 220.083915, "relative_strength": 12.468595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.315972, "energy": 19.678453, "activity_lines": [ 700.976639, 766.754127, 818.252001, 756.27503 ] }, { "date": "2026-07-10", "close": 633.136536, "volume": 18839043, "typical_volume": 14727289.2, "trend": 658.937289, "fair_value": 223.829012, "relative_strength": 4.717725, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.281491, "energy": 28.543188, "activity_lines": [ 668.103328, 733.870528, 802.065916, 755.375215 ] }, { "date": "2026-07-17", "close": 553.357971, "volume": 10752748, "typical_volume": 14941651.3, "trend": 666.094732, "fair_value": 227.001783, "relative_strength": -3.565907, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.967168, "energy": 52.448306, "activity_lines": [ 624.140238, 692.638729, 777.647362, 748.563646 ] }, { "date": "2026-07-24", "close": 598.339478, "volume": 26055734, "typical_volume": 15883213.0, "trend": 676.024621, "fair_value": 230.45769, "relative_strength": 0.91475, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.263967, "energy": 45.23521, "activity_lines": [ 606.939742, 665.109708, 758.013902, 744.19234 ] }, { "date": "2026-07-31", "close": 544.0, "volume": 29967032, "typical_volume": 17025072.75, "trend": 683.096453, "fair_value": 233.56683, "relative_strength": -7.925118, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.097487, "energy": 49.149458, "activity_lines": [ 582.263233, 631.481392, 733.278001, 735.674622 ] }, { "date": "2026-08-07", "close": 671.0, "volume": 26631537, "typical_volume": 17083260.6, "trend": 693.623635, "fair_value": 237.373952, "relative_strength": 9.345538, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.85758, "energy": 31.076344, "activity_lines": [ 604.391394, 628.721644, 721.635686, 734.894206 ] }, { "date": "2026-08-14", "close": 702.0, "volume": 20263107, "typical_volume": 17798573.3, "trend": 706.513794, "fair_value": 241.440196, "relative_strength": 9.028396, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.335073, "energy": 18.183757, "activity_lines": [ 638.402462, 635.292256, 713.436334, 735.434616 ] } ], "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." } } }