{ "ticker": { "uuid": "90607ae2-2436-49fe-983c-fdd25c9591dc", "symbol": "2376", "name": "Giga-Byte Technology Co., Ltd.", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 82.633, "architecture_energy": 63.183, "architecture_maturity": 22.0, "architecture_confidence": 72.437, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 21.45, "rotation_up": 66.53, "upward_expansion": 80.64, "deceleration": 55.75, "rotation_down": 15.2, "downward_expansion": 9.64 }, "activity_lines": [ 355.608419, 341.568538, 330.617543, 310.728409 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 397.5, "trend_reference": 284.268449, "distance_from_trend": 0.398326, "trend_direction": "Improving", "fair_value": 261.652588, "distance_from_fair_value": 0.51919, "fair_value_direction": "Improving", "relative_strength": 5.282914, "relative_strength_direction": "Improving", "price_momentum": 0.811866, "excess_performance": 0.370494, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.398326, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.12569, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.51919, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.270078, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.052829, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.226251, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.811866, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.680437, "read": "Supply-led" } ], "volume": { "latest": 59608951, "relative_activity": 1.139601, "balance": 0.680437, "dry_up": 0.832118, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.085853, "annualized_volatility": 0.502422, "from_high_reference": -0.011194, "from_low_reference": 0.996124 }, "levels": { "trend_reference": 284.268449, "fair_value_reference": 261.652588, "structural_low": 199.13596, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": 0.023256, "positive_rate": 0.52381, "directional_follow_through": 0.52381, "median_excess_return": 0.024086, "regime_survival": 0.714286, "best_return": 0.551829, "worst_return": -0.131907, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.046801, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.059742, "regime_survival": 0.5, "best_return": 0.705882, "worst_return": -0.23839, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.117285, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.134455, "regime_survival": 0.2, "best_return": 0.888372, "worst_return": -0.259062, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.107278, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.178373, "regime_survival": 0.25, "best_return": 1.37848, "worst_return": -0.247707, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": 0.034615, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": -0.044487, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.425743, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": -0.022648, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-05", "tenure": "Developing", "return": -0.036713, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": 0.069343, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": -0.099518, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.116236, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.01848, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-04-17", "tenure": "Established", "return": 0.182773, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": 0.17446, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-03", "tenure": "Developing", "return": 0.049612, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.060092, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-14", "end": "2026-08-14", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 272.755646, "volume": 184339361, "typical_volume": 97899071.3, "trend": 163.538108, "fair_value": 95.810097, "relative_strength": 97.683934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.669412, "energy": 65.221308, "activity_lines": [ 282.503675, 266.678563, 227.441973, 198.246579 ] }, { "date": "2023-08-18", "close": 283.193878, "volume": 149032994, "typical_volume": 103929744.15, "trend": 169.60075, "fair_value": 97.227535, "relative_strength": 102.169463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.443725, "energy": 60.287591, "activity_lines": [ 282.967529, 272.198172, 236.054598, 205.966306 ] }, { "date": "2023-08-25", "close": 310.877899, "volume": 198321031, "typical_volume": 113016156.35, "trend": 176.586193, "fair_value": 98.830015, "relative_strength": 113.924879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.293122, "energy": 60.290445, "activity_lines": [ 291.317299, 281.488409, 246.520229, 215.080961 ] }, { "date": "2023-09-01", "close": 293.178284, "volume": 222539392, "typical_volume": 122861581.15, "trend": 182.966836, "fair_value": 100.304351, "relative_strength": 94.441639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.432081, "energy": 52.628826, "activity_lines": [ 292.149587, 286.020581, 254.386903, 222.603032 ] }, { "date": "2023-09-08", "close": 279.109375, "volume": 138298723, "typical_volume": 128719120.75, "trend": 188.804456, "fair_value": 101.689449, "relative_strength": 81.381556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.506561, "energy": 48.891669, "activity_lines": [ 289.335807, 286.8655, 260.0868, 228.805776 ] }, { "date": "2023-09-15", "close": 246.433136, "volume": 162547232, "typical_volume": 136178261.45, "trend": 193.538055, "fair_value": 102.860821, "relative_strength": 53.913718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.785031, "energy": 35.338366, "activity_lines": [ 275.539181, 280.629194, 261.90421, 232.523755 ] }, { "date": "2023-09-22", "close": 253.240692, "volume": 172063484, "typical_volume": 143336399.15, "trend": 198.454137, "fair_value": 104.091936, "relative_strength": 60.553981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.277621, "energy": 22.97077, "activity_lines": [ 265.766573, 275.367427, 263.750861, 236.375538 ] }, { "date": "2023-09-29", "close": 255.509872, "volume": 118470588, "typical_volume": 147085581.5, "trend": 203.445858, "fair_value": 105.354651, "relative_strength": 58.793455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.891603, "energy": 21.6032, "activity_lines": [ 258.747238, 270.696816, 265.187505, 240.056553 ] }, { "date": "2023-10-06", "close": 262.77124, "volume": 100474023, "typical_volume": 146574619.15, "trend": 208.650001, "fair_value": 106.649229, "relative_strength": 58.539795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.10033, "energy": 20.484188, "activity_lines": [ 257.839561, 267.911978, 266.687244, 243.883997 ] }, { "date": "2023-10-13", "close": 245.979294, "volume": 108034107, "typical_volume": 144954359.15, "trend": 213.338848, "fair_value": 107.86885, "relative_strength": 43.571761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.364286, "energy": 14.015176, "activity_lines": [ 253.361704, 262.911524, 266.030511, 246.292339 ] }, { "date": "2023-10-20", "close": 219.202957, "volume": 131210930, "typical_volume": 144854761.6, "trend": 216.824097, "fair_value": 108.916355, "relative_strength": 28.718155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.33673, "energy": 13.005707, "activity_lines": [ 242.167074, 253.620256, 262.435245, 246.670669 ] }, { "date": "2023-10-27", "close": 213.756927, "volume": 91060134, "typical_volume": 143272795.3, "trend": 219.994503, "fair_value": 109.920897, "relative_strength": 26.263477, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.929717, "energy": 21.529506, "activity_lines": [ 230.972446, 244.312486, 258.136585, 246.472787 ] }, { "date": "2023-11-03", "close": 200.14183, "volume": 105881571, "typical_volume": 140545991.15, "trend": 222.696261, "fair_value": 110.843847, "relative_strength": 14.355835, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.548636, "energy": 53.539478, "activity_lines": [ 217.871704, 233.791734, 252.541162, 245.191969 ] }, { "date": "2023-11-10", "close": 209.218552, "volume": 146922444, "typical_volume": 145392506.15, "trend": 225.685763, "fair_value": 111.810296, "relative_strength": 17.027645, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.778646, "energy": 57.18852, "activity_lines": [ 211.487738, 226.934678, 247.934181, 244.322439 ] }, { "date": "2023-11-17", "close": 209.218552, "volume": 96856760, "typical_volume": 144902988.4, "trend": 228.749326, "fair_value": 112.811325, "relative_strength": 12.29017, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.638773, "energy": 57.45392, "activity_lines": [ 208.673951, 221.604162, 243.431247, 243.260039 ] }, { "date": "2023-11-24", "close": 210.580078, "volume": 98603901, "typical_volume": 143496948.7, "trend": 231.887898, "fair_value": 113.816819, "relative_strength": 11.466959, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.152515, "energy": 58.377062, "activity_lines": [ 208.764723, 217.791939, 239.092201, 242.087829 ] }, { "date": "2023-12-01", "close": 223.287491, "volume": 87575014, "typical_volume": 138295257.1, "trend": 235.272305, "fair_value": 114.899507, "relative_strength": 15.877654, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.958197, "energy": 39.810383, "activity_lines": [ 213.666157, 216.942029, 236.065181, 241.532964 ] }, { "date": "2023-12-08", "close": 234.633377, "volume": 140414957, "typical_volume": 137369951.05, "trend": 238.975659, "fair_value": 116.026977, "relative_strength": 20.695521, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.142226, "energy": 18.079416, "activity_lines": [ 221.714183, 218.69961, 234.308126, 241.491743 ] }, { "date": "2023-12-15", "close": 230.548874, "volume": 101356717, "typical_volume": 132813637.75, "trend": 241.80226, "fair_value": 117.128264, "relative_strength": 15.291206, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -37.26871, "energy": 22.41759, "activity_lines": [ 226.101271, 220.094127, 232.409596, 240.948079 ] }, { "date": "2023-12-22", "close": 235.087234, "volume": 83699968, "typical_volume": 131885166.55, "trend": 244.158033, "fair_value": 118.255802, "relative_strength": 16.724792, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -31.199731, "energy": 24.593591, "activity_lines": [ 230.579124, 222.899662, 231.316066, 240.514852 ] }, { "date": "2023-12-29", "close": 241.440948, "volume": 47580762, "typical_volume": 125047236.6, "trend": 246.19236, "fair_value": 119.439226, "relative_strength": 16.309941, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.813458, "energy": 23.255394, "activity_lines": [ 235.450303, 227.058455, 231.030799, 240.339556 ] }, { "date": "2024-01-05", "close": 220.564468, "volume": 62165091, "typical_volume": 120703841.45, "trend": 246.4199, "fair_value": 120.472247, "relative_strength": 7.695223, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.688974, "energy": 21.37169, "activity_lines": [ 231.305264, 227.017197, 228.906412, 238.686144 ] }, { "date": "2024-01-12", "close": 237.810242, "volume": 72039439, "typical_volume": 114389761.85, "trend": 246.80756, "fair_value": 121.633819, "relative_strength": 14.899971, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.825739, "energy": 14.419481, "activity_lines": [ 233.090351, 229.987761, 228.722716, 238.130682 ] }, { "date": "2024-01-19", "close": 245.525467, "volume": 69549604, "typical_volume": 106740272.45, "trend": 247.289462, "fair_value": 122.839163, "relative_strength": 16.162994, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.995891, "energy": 10.456501, "activity_lines": [ 237.235389, 233.676213, 229.621744, 238.047966 ] }, { "date": "2024-01-26", "close": 257.779053, "volume": 127326968, "typical_volume": 106191684.7, "trend": 248.668615, "fair_value": 124.116898, "relative_strength": 18.399364, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.356908, "energy": 16.839223, "activity_lines": [ 244.466516, 238.932463, 231.914699, 238.724714 ] }, { "date": "2024-02-02", "close": 302.255005, "volume": 126308188, "typical_volume": 104379732.5, "trend": 251.011876, "fair_value": 125.675945, "relative_strength": 36.118599, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.880672, "energy": 65.740498, "activity_lines": [ 265.010173, 251.392333, 238.545031, 242.181901 ] }, { "date": "2024-02-09", "close": 305.885712, "volume": 23688690, "typical_volume": 96960992.8, "trend": 252.439317, "fair_value": 127.264424, "relative_strength": 35.312995, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.631087, "energy": 76.060609, "activity_lines": [ 282.709794, 262.845514, 245.255327, 245.722148 ] }, { "date": "2024-02-16", "close": 345.823303, "volume": 79467933, "typical_volume": 95010860.05, "trend": 254.412969, "fair_value": 129.107492, "relative_strength": 46.114204, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 66.684986, "energy": 87.44378, "activity_lines": [ 308.033863, 280.058289, 255.518512, 251.746921 ] }, { "date": "2024-02-23", "close": 310.877899, "volume": 135833474, "typical_volume": 96778832.6, "trend": 254.481172, "fair_value": 130.725604, "relative_strength": 27.530832, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.934992, "energy": 87.897341, "activity_lines": [ 314.508594, 288.89572, 262.0235, 255.38982 ] }, { "date": "2024-03-01", "close": 327.66983, "volume": 89395075, "typical_volume": 95846881.0, "trend": 256.145237, "fair_value": 132.423408, "relative_strength": 32.016342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.777393, "energy": 88.874734, "activity_lines": [ 322.223806, 299.325701, 269.898639, 260.111669 ] }, { "date": "2024-03-08", "close": 324.946838, "volume": 113037334, "typical_volume": 94938201.2, "trend": 257.884944, "fair_value": 134.094283, "relative_strength": 23.566658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.126085, "energy": 84.106959, "activity_lines": [ 324.371968, 307.577273, 277.125444, 264.550482 ] }, { "date": "2024-03-15", "close": 284.101563, "volume": 132371432, "typical_volume": 97003766.1, "trend": 257.9152, "fair_value": 135.510908, "relative_strength": 7.414781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.52509, "energy": 50.305054, "activity_lines": [ 311.392251, 306.884143, 279.95868, 266.241877 ] }, { "date": "2024-03-22", "close": 275.024811, "volume": 111756552, "typical_volume": 97297515.15, "trend": 256.720097, "fair_value": 136.83098, "relative_strength": 0.259514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.482119, "energy": 33.289251, "activity_lines": [ 296.839225, 303.385473, 281.592489, 267.345723 ] }, { "date": "2024-03-29", "close": 287.278412, "volume": 84068988, "typical_volume": 94154842.35, "trend": 256.523434, "fair_value": 138.213968, "relative_strength": 3.406484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.415211, "energy": 23.939491, "activity_lines": [ 291.090633, 301.438103, 284.036722, 269.317227 ] }, { "date": "2024-04-05", "close": 288.186096, "volume": 45704654, "typical_volume": 91597237.05, "trend": 256.825992, "fair_value": 139.600407, "relative_strength": 2.555016, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.795869, "energy": 27.164158, "activity_lines": [ 287.217902, 298.896622, 286.195688, 271.359979 ] }, { "date": "2024-04-12", "close": 288.639923, "volume": 110905071, "typical_volume": 92212295.55, "trend": 258.232885, "fair_value": 140.983596, "relative_strength": -0.1513, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.587907, "energy": 22.610487, "activity_lines": [ 286.128695, 295.884799, 288.021839, 273.412491 ] }, { "date": "2024-04-19", "close": 265.494293, "volume": 59156285, "typical_volume": 90791359.1, "trend": 258.641338, "fair_value": 142.202311, "relative_strength": -3.280514, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.26383, "energy": 15.51771, "activity_lines": [ 279.744739, 288.912228, 287.271931, 273.880969 ] }, { "date": "2024-04-26", "close": 268.217285, "volume": 48106357, "typical_volume": 86175929.1, "trend": 259.064918, "fair_value": 143.374531, "relative_strength": -5.924075, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.812276, "energy": 12.015309, "activity_lines": [ 275.508931, 283.169134, 286.580371, 274.498772 ] }, { "date": "2024-05-03", "close": 259.594391, "volume": 26991731, "typical_volume": 82457679.8, "trend": 258.959024, "fair_value": 144.512792, "relative_strength": -10.492755, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.414934, "energy": 15.418822, "activity_lines": [ 268.852661, 277.269261, 284.907659, 274.532931 ] }, { "date": "2024-05-10", "close": 278.655518, "volume": 68932739, "typical_volume": 81719318.35, "trend": 260.048231, "fair_value": 145.716397, "relative_strength": -6.369289, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.513928, "energy": 15.020559, "activity_lines": [ 270.395701, 275.767474, 284.911981, 275.803673 ] }, { "date": "2024-05-17", "close": 292.724457, "volume": 68845807, "typical_volume": 82782570.6, "trend": 262.498948, "fair_value": 147.014924, "relative_strength": -4.791309, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.79062, "energy": 11.633405, "activity_lines": [ 277.26376, 277.714846, 286.048734, 277.911817 ] }, { "date": "2024-05-24", "close": 289.547577, "volume": 60822212, "typical_volume": 82715426.65, "trend": 265.025303, "fair_value": 148.3973, "relative_strength": -7.590453, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.269448, "energy": 14.819778, "activity_lines": [ 282.800556, 279.670465, 286.638719, 279.656889 ] }, { "date": "2024-05-31", "close": 288.639923, "volume": 56567757, "typical_volume": 81941842.55, "trend": 267.975239, "fair_value": 149.775752, "relative_strength": -6.52904, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.153837, "energy": 22.556512, "activity_lines": [ 286.431248, 281.362037, 286.813771, 281.180413 ] }, { "date": "2024-06-07", "close": 280.924713, "volume": 34143682, "typical_volume": 80171546.45, "trend": 270.365444, "fair_value": 151.064957, "relative_strength": -11.897494, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.71999, "energy": 21.182929, "activity_lines": [ 286.128695, 281.403296, 286.011994, 282.015863 ] }, { "date": "2024-06-14", "close": 285.916901, "volume": 27882346, "typical_volume": 75199315.35, "trend": 272.922056, "fair_value": 152.367216, "relative_strength": -12.863769, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 32.776622, "energy": 19.483197, "activity_lines": [ 286.068182, 282.467747, 285.517096, 283.019183 ] }, { "date": "2024-06-21", "close": 283.193878, "volume": 48440734, "typical_volume": 71305942.65, "trend": 275.342516, "fair_value": 153.656756, "relative_strength": -16.334022, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 30.701663, "energy": 14.170226, "activity_lines": [ 284.615904, 283.078362, 284.628873, 283.681881 ] }, { "date": "2024-06-28", "close": 277.293976, "volume": 23966546, "typical_volume": 71319835.45, "trend": 277.142732, "fair_value": 154.842159, "relative_strength": -17.208045, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.398907, "energy": 3.024008, "activity_lines": [ 281.832363, 282.715286, 283.269521, 283.807782 ] }, { "date": "2024-07-05", "close": 273.66333, "volume": 24131137, "typical_volume": 68552995.65, "trend": 278.443731, "fair_value": 156.082448, "relative_strength": -19.866795, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.245048, "energy": 10.657708, "activity_lines": [ 278.655514, 281.477553, 281.700545, 283.583304 ] }, { "date": "2024-07-12", "close": 280.470886, "volume": 54313763, "typical_volume": 64477010.1, "trend": 280.107798, "fair_value": 157.373482, "relative_strength": -18.734192, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.749128, "energy": 14.812372, "activity_lines": [ 278.746289, 281.378538, 281.123526, 283.714089 ] }, { "date": "2024-07-19", "close": 251.879181, "volume": 55108546, "typical_volume": 62762683.65, "trend": 280.667529, "fair_value": 158.487507, "relative_strength": -23.079068, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.129566, "energy": 51.269289, "activity_lines": [ 269.336751, 275.701459, 277.968284, 281.892887 ] }, { "date": "2024-07-26", "close": 245.979294, "volume": 22026498, "typical_volume": 58212141.85, "trend": 280.818807, "fair_value": 159.579572, "relative_strength": -21.624282, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -76.772856, "energy": 73.005023, "activity_lines": [ 260.229766, 269.438516, 274.612055, 279.654937 ] }, { "date": "2024-08-02", "close": 238.264084, "volume": 50965947, "typical_volume": 54141867.6, "trend": 281.408795, "fair_value": 160.626146, "relative_strength": -21.813999, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.261676, "energy": 79.728208, "activity_lines": [ 251.032016, 262.622719, 270.89708, 276.909471 ] }, { "date": "2024-08-09", "close": 215.34198, "volume": 70088226, "typical_volume": 52058451.3, "trend": 280.659853, "fair_value": 161.510915, "relative_strength": -28.151465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.665902, "energy": 90.926915, "activity_lines": [ 236.795558, 252.571694, 265.217321, 272.647096 ] }, { "date": "2024-08-16", "close": 246.503754, "volume": 77747473, "typical_volume": 51742375.55, "trend": 280.692462, "fair_value": 162.605846, "relative_strength": -20.307004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.448007, "energy": 78.608215, "activity_lines": [ 236.834447, 249.519137, 262.789554, 270.443476 ] }, { "date": "2024-08-23", "close": 242.317856, "volume": 34511827, "typical_volume": 51182734.2, "trend": 280.177089, "fair_value": 163.700709, "relative_strength": -20.104074, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.542191, "energy": 70.737086, "activity_lines": [ 237.742513, 246.331342, 260.157296, 267.967695 ] }, { "date": "2024-08-30", "close": 242.782959, "volume": 51651077, "typical_volume": 48220034.5, "trend": 278.194687, "fair_value": 164.853073, "relative_strength": -19.588114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.377541, "energy": 50.082028, "activity_lines": [ 239.443035, 244.020821, 257.787753, 265.555171 ] }, { "date": "2024-09-06", "close": 234.876236, "volume": 31207362, "typical_volume": 46822588.35, "trend": 275.827705, "fair_value": 165.930962, "relative_strength": -18.504373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.545022, "energy": 42.814846, "activity_lines": [ 238.721071, 241.007459, 254.883555, 262.760432 ] }, { "date": "2024-09-13", "close": 233.946014, "volume": 25495423, "typical_volume": 45692041.65, "trend": 272.098462, "fair_value": 166.983559, "relative_strength": -19.5991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.535953, "energy": 42.325336, "activity_lines": [ 237.91489, 238.596197, 252.036565, 260.058387 ] }, { "date": "2024-09-20", "close": 237.201736, "volume": 15864948, "typical_volume": 45135702.5, "trend": 269.64259, "fair_value": 168.05653, "relative_strength": -19.395658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.883864, "energy": 39.183596, "activity_lines": [ 236.953681, 237.499017, 249.66284, 257.806986 ] }, { "date": "2024-09-27", "close": 247.433975, "volume": 28242989, "typical_volume": 43101215.0, "trend": 266.968061, "fair_value": 169.191128, "relative_strength": -17.793211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.195458, "energy": 31.103873, "activity_lines": [ 240.023353, 239.048956, 248.370246, 256.374172 ] }, { "date": "2024-10-04", "close": 244.643356, "volume": 16567305, "typical_volume": 40487289.9, "trend": 264.291279, "fair_value": 170.30288, "relative_strength": -16.221933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.976095, "energy": 25.47101, "activity_lines": [ 241.821743, 240.172332, 246.960553, 254.933868 ] }, { "date": "2024-10-11", "close": 247.433975, "volume": 21005042, "typical_volume": 38496431.4, "trend": 263.069026, "fair_value": 171.462755, "relative_strength": -17.012673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.031066, "energy": 18.971127, "activity_lines": [ 244.426314, 241.827383, 246.045591, 253.8463 ] }, { "date": "2024-10-18", "close": 248.829269, "volume": 34619489, "typical_volume": 37399018.0, "trend": 262.195841, "fair_value": 172.559707, "relative_strength": -18.295039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.942511, "energy": 18.115801, "activity_lines": [ 246.6588, 243.569398, 245.464054, 252.927606 ] }, { "date": "2024-10-25", "close": 255.805786, "volume": 24350171, "typical_volume": 36909342.45, "trend": 261.146753, "fair_value": 173.669165, "relative_strength": -15.216595, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.144472, "energy": 11.689605, "activity_lines": [ 250.224575, 245.971012, 245.736523, 252.515345 ] }, { "date": "2024-11-01", "close": 262.31723, "volume": 36551613, "typical_volume": 37342805.8, "trend": 260.284458, "fair_value": 174.830276, "relative_strength": -10.808416, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.608602, "energy": 11.989342, "activity_lines": [ 254.72056, 249.387396, 246.748743, 252.590859 ] }, { "date": "2024-11-08", "close": 284.176971, "volume": 102656768, "typical_volume": 40053607.5, "trend": 260.135693, "fair_value": 176.094341, "relative_strength": -6.483848, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.155079, "energy": 47.437127, "activity_lines": [ 265.51091, 256.414654, 249.955222, 254.132312 ] }, { "date": "2024-11-15", "close": 262.782318, "volume": 55458837, "typical_volume": 41628222.05, "trend": 260.045294, "fair_value": 177.164263, "relative_strength": -10.359614, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.323363, "energy": 43.93247, "activity_lines": [ 266.534134, 258.799356, 251.119434, 254.303062 ] }, { "date": "2024-11-22", "close": 261.852112, "volume": 41045253, "typical_volume": 42473927.85, "trend": 259.833121, "fair_value": 178.171225, "relative_strength": -11.207768, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.857134, "energy": 43.000225, "activity_lines": [ 266.224066, 260.507547, 252.264158, 254.419631 ] }, { "date": "2024-11-29", "close": 252.550079, "volume": 33845481, "typical_volume": 41450513.75, "trend": 259.598311, "fair_value": 179.0913, "relative_strength": -11.700532, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.67142, "energy": 23.857454, "activity_lines": [ 261.945131, 260.017075, 252.579218, 253.949757 ] }, { "date": "2024-12-06", "close": 261.852112, "volume": 13956638, "typical_volume": 39392918.35, "trend": 259.038197, "fair_value": 180.10074, "relative_strength": -11.831029, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.622658, "energy": 9.544799, "activity_lines": [ 260.983921, 260.938822, 253.913142, 254.095164 ] }, { "date": "2024-12-13", "close": 249.294373, "volume": 18068053, "typical_volume": 39194996.1, "trend": 257.590528, "fair_value": 180.999944, "relative_strength": -15.147018, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.654689, "energy": 7.993374, "activity_lines": [ 255.867806, 259.315195, 254.003601, 253.46653 ] }, { "date": "2024-12-20", "close": 252.084976, "volume": 17672546, "typical_volume": 37530326.05, "trend": 256.341774, "fair_value": 181.86004, "relative_strength": -11.965638, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.614242, "energy": 10.446989, "activity_lines": [ 254.007399, 258.114386, 254.344046, 253.111333 ] }, { "date": "2024-12-27", "close": 257.20108, "volume": 17340528, "typical_volume": 34892941.15, "trend": 255.293813, "fair_value": 182.743018, "relative_strength": -12.814469, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.191494, "energy": 6.80216, "activity_lines": [ 254.565515, 257.759215, 255.105924, 253.166772 ] }, { "date": "2025-01-03", "close": 253.945374, "volume": 13445186, "typical_volume": 31677826.8, "trend": 254.394502, "fair_value": 183.597693, "relative_strength": -12.337463, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.534796, "energy": 7.831564, "activity_lines": [ 254.348465, 256.659882, 255.358407, 253.079776 ] }, { "date": "2025-01-10", "close": 252.084976, "volume": 38378728, "typical_volume": 31871171.85, "trend": 253.266771, "fair_value": 184.442919, "relative_strength": -13.024128, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.797517, "energy": 8.455864, "activity_lines": [ 253.418263, 255.256121, 255.398272, 252.930774 ] }, { "date": "2025-01-17", "close": 234.411118, "volume": 27759860, "typical_volume": 30676611.0, "trend": 251.640679, "fair_value": 185.214502, "relative_strength": -19.133835, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.347713, "energy": 21.348863, "activity_lines": [ 247.247917, 250.824972, 253.708403, 251.714281 ] }, { "date": "2025-01-24", "close": 235.806442, "volume": 6919568, "typical_volume": 29462221.3, "trend": 250.257761, "fair_value": 186.039636, "relative_strength": -19.424975, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.281525, "energy": 34.432964, "activity_lines": [ 242.534896, 247.552352, 252.191287, 250.692717 ] }, { "date": "2025-02-07", "close": 236.27153, "volume": 26006545, "typical_volume": 29487777.4, "trend": 249.011368, "fair_value": 186.855361, "relative_strength": -18.260779, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.100441, "energy": 42.056833, "activity_lines": [ 239.06214, 244.854764, 250.714037, 249.790379 ] }, { "date": "2025-02-14", "close": 241.852753, "volume": 19496939, "typical_volume": 29669376.95, "trend": 247.724097, "fair_value": 187.72421, "relative_strength": -14.288514, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.032781, "energy": 42.926888, "activity_lines": [ 238.845095, 243.637045, 249.757257, 249.328533 ] }, { "date": "2025-02-21", "close": 250.224579, "volume": 15207272, "typical_volume": 29017591.1, "trend": 247.668943, "fair_value": 188.594683, "relative_strength": -12.368328, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.215871, "energy": 24.138531, "activity_lines": [ 242.224833, 244.135974, 249.575646, 249.489855 ] }, { "date": "2025-02-28", "close": 240.457443, "volume": 9190811, "typical_volume": 28648766.4, "trend": 247.484882, "fair_value": 189.380243, "relative_strength": -12.472469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.685932, "energy": 18.141604, "activity_lines": [ 242.472886, 243.070469, 248.450544, 249.024597 ] }, { "date": "2025-03-07", "close": 246.503754, "volume": 17938735, "typical_volume": 28495451.05, "trend": 247.759537, "fair_value": 190.266515, "relative_strength": -7.421364, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.171749, "energy": 6.379179, "activity_lines": [ 244.333288, 243.264965, 247.921213, 248.961298 ] }, { "date": "2025-03-14", "close": 241.852753, "volume": 18771840, "typical_volume": 27703068.6, "trend": 248.64323, "fair_value": 191.083322, "relative_strength": -5.822705, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.156616, "energy": 16.493386, "activity_lines": [ 243.930201, 242.715301, 246.95336, 248.580215 ] }, { "date": "2025-03-21", "close": 248.364182, "volume": 13306192, "typical_volume": 27150869.65, "trend": 248.705244, "fair_value": 192.016214, "relative_strength": -3.822438, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.510172, "energy": 15.0949, "activity_lines": [ 245.32551, 243.628593, 246.638864, 248.562212 ] }, { "date": "2025-03-28", "close": 239.062134, "volume": 14043882, "typical_volume": 26025483.1, "trend": 248.59672, "fair_value": 192.901868, "relative_strength": -4.426923, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.325308, "energy": 19.303735, "activity_lines": [ 243.186041, 242.952081, 245.473895, 247.940076 ] }, { "date": "2025-04-04", "close": 229.760117, "volume": 11107471, "typical_volume": 21448018.25, "trend": 248.162625, "fair_value": 193.727894, "relative_strength": -6.307689, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.568149, "energy": 40.882513, "activity_lines": [ 238.690062, 240.821071, 243.533758, 246.724811 ] }, { "date": "2025-04-11", "close": 187.90097, "volume": 27000023, "typical_volume": 20025077.55, "trend": 246.596783, "fair_value": 194.285592, "relative_strength": -15.794866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.707774, "energy": 75.973569, "activity_lines": [ 220.954189, 231.163871, 237.866164, 242.836963 ] }, { "date": "2025-04-18", "close": 203.714432, "volume": 22430847, "typical_volume": 19094357.25, "trend": 245.589064, "fair_value": 194.984309, "relative_strength": -7.547271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.458268, "energy": 80.059392, "activity_lines": [ 212.396323, 225.252855, 234.061192, 240.070359 ] }, { "date": "2025-04-25", "close": 214.876862, "volume": 12476347, "typical_volume": 18025900.55, "trend": 244.844901, "fair_value": 195.804142, "relative_strength": -4.374964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.71331, "energy": 76.763547, "activity_lines": [ 210.101821, 221.963319, 231.596154, 238.088927 ] }, { "date": "2025-05-02", "close": 219.527878, "volume": 9740952, "typical_volume": 17815116.25, "trend": 243.914698, "fair_value": 196.658746, "relative_strength": -6.162848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.829974, "energy": 72.876125, "activity_lines": [ 211.590146, 220.009893, 229.753466, 236.455571 ] }, { "date": "2025-05-09", "close": 227.434601, "volume": 10846518, "typical_volume": 17454039.5, "trend": 243.341073, "fair_value": 197.578903, "relative_strength": -3.061454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.15888, "energy": 40.461174, "activity_lines": [ 217.016329, 220.052174, 228.865344, 235.392339 ] }, { "date": "2025-05-16", "close": 242.317856, "volume": 31292012, "typical_volume": 18135012.8, "trend": 243.170535, "fair_value": 198.579596, "relative_strength": -0.706536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.328462, "energy": 15.884115, "activity_lines": [ 227.558632, 223.037281, 229.498768, 235.326325 ] }, { "date": "2025-05-23", "close": 238.131943, "volume": 16470155, "typical_volume": 18091494.15, "trend": 242.813958, "fair_value": 199.570804, "relative_strength": -1.087075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.825083, "energy": 19.759183, "activity_lines": [ 233.077837, 225.33742, 229.780045, 235.001254 ] }, { "date": "2025-05-30", "close": 256.735992, "volume": 37384251, "typical_volume": 19288447.4, "trend": 242.844965, "fair_value": 200.686225, "relative_strength": 8.426342, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 1.799722, "energy": 19.898529, "activity_lines": [ 242.503892, 231.087764, 231.923941, 235.89945 ] }, { "date": "2025-06-06", "close": 267.898407, "volume": 45259009, "typical_volume": 19632461.45, "trend": 243.031004, "fair_value": 201.868244, "relative_strength": 11.748581, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 37.583325, "energy": 39.071335, "activity_lines": [ 252.860143, 238.715424, 235.117635, 237.515801 ] }, { "date": "2025-06-13", "close": 266.968231, "volume": 42860166, "typical_volume": 20387476.75, "trend": 242.457379, "fair_value": 203.031909, "relative_strength": 9.424503, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.514763, "energy": 55.49598, "activity_lines": [ 259.681633, 245.649665, 238.147439, 239.060138 ] }, { "date": "2025-06-20", "close": 260.456818, "volume": 21960887, "typical_volume": 21139542.7, "trend": 242.379863, "fair_value": 204.15879, "relative_strength": 7.053211, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.862608, "energy": 58.409574, "activity_lines": [ 261.697077, 250.723502, 240.402075, 240.221392 ] }, { "date": "2025-06-27", "close": 261.852112, "volume": 19031089, "typical_volume": 20790769.9, "trend": 242.379863, "fair_value": 205.351613, "relative_strength": 5.186482, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.156491, "energy": 55.588808, "activity_lines": [ 262.968355, 254.731831, 242.672213, 241.477666 ] }, { "date": "2025-07-04", "close": 253.945374, "volume": 24005004, "typical_volume": 21016173.15, "trend": 242.426372, "fair_value": 206.513081, "relative_strength": 2.296322, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.804396, "energy": 32.604478, "activity_lines": [ 260.022709, 256.245522, 244.067516, 242.223829 ] }, { "date": "2025-07-11", "close": 260.921906, "volume": 16409734, "typical_volume": 21076296.25, "trend": 242.395366, "fair_value": 207.78172, "relative_strength": 4.193449, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 58.676188, "energy": 40.344029, "activity_lines": [ 259.588615, 258.317338, 246.069667, 243.417089 ] }, { "date": "2025-07-18", "close": 269.293732, "volume": 24148671, "typical_volume": 21824189.25, "trend": 243.062011, "fair_value": 209.065366, "relative_strength": 4.668043, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.432836, "energy": 46.27037, "activity_lines": [ 262.41023, 261.158685, 248.818195, 245.152467 ] }, { "date": "2025-07-25", "close": 267.433319, "volume": 19297331, "typical_volume": 21892119.05, "trend": 243.573622, "fair_value": 210.346502, "relative_strength": 3.949816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.186253, "energy": 48.602308, "activity_lines": [ 264.456673, 262.9007, 251.252225, 246.72481 ] }, { "date": "2025-08-01", "close": 267.121854, "volume": 22385298, "typical_volume": 22072791.95, "trend": 243.904315, "fair_value": 211.586488, "relative_strength": 3.468355, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.202049, "energy": 55.249315, "activity_lines": [ 265.934195, 264.12944, 253.556927, 248.24405 ] }, { "date": "2025-08-08", "close": 275.800903, "volume": 14820909, "typical_volume": 22148527.8, "trend": 244.632832, "fair_value": 212.901438, "relative_strength": 4.134633, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.150841, "energy": 63.239133, "activity_lines": [ 269.953417, 266.409099, 256.567877, 250.301895 ] }, { "date": "2025-08-15", "close": 269.050507, "volume": 23870364, "typical_volume": 22639851.9, "trend": 245.19835, "fair_value": 214.166946, "relative_strength": 0.099186, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.570401, "energy": 56.850762, "activity_lines": [ 270.265472, 267.11478, 258.80528, 251.877229 ] }, { "date": "2025-08-22", "close": 261.335815, "volume": 19850714, "typical_volume": 23077014.05, "trend": 246.09584, "fair_value": 215.370468, "relative_strength": -0.433257, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.588231, "energy": 39.181396, "activity_lines": [ 267.464056, 266.396841, 260.165149, 252.918355 ] }, { "date": "2025-08-29", "close": 267.121857, "volume": 16610885, "typical_volume": 22557557.15, "trend": 247.139687, "fair_value": 216.586583, "relative_strength": -0.212053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.309816, "energy": 36.874058, "activity_lines": [ 267.121848, 266.833318, 261.925709, 254.274873 ] }, { "date": "2025-09-05", "close": 259.407135, "volume": 12236607, "typical_volume": 22047845.15, "trend": 247.910874, "fair_value": 217.753814, "relative_strength": -4.076335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.804306, "energy": 23.626944, "activity_lines": [ 264.228831, 265.745936, 262.574291, 255.066321 ] }, { "date": "2025-09-12", "close": 264.228821, "volume": 29851409, "typical_volume": 22916598.25, "trend": 248.656743, "fair_value": 218.962778, "relative_strength": -5.956467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.476939, "energy": 18.533156, "activity_lines": [ 263.457357, 265.579678, 263.416879, 256.119092 ] }, { "date": "2025-09-19", "close": 271.943542, "volume": 17280807, "typical_volume": 23293591.0, "trend": 249.380708, "fair_value": 220.214928, "relative_strength": -3.583073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.22434, "energy": 25.789091, "activity_lines": [ 266.028929, 266.629125, 264.759192, 257.621466 ] }, { "date": "2025-09-26", "close": 282.55127, "volume": 41274593, "typical_volume": 24814994.75, "trend": 250.783836, "fair_value": 221.49235, "relative_strength": 0.110638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.358054, "energy": 39.273778, "activity_lines": [ 271.943541, 269.406856, 266.862166, 259.761502 ] }, { "date": "2025-10-03", "close": 300.391541, "volume": 52225109, "typical_volume": 25861649.6, "trend": 252.580095, "fair_value": 222.892678, "relative_strength": 1.667745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.602297, "energy": 72.431225, "activity_lines": [ 282.390546, 275.187227, 270.401754, 262.961999 ] }, { "date": "2025-10-10", "close": 288.33728, "volume": 30067450, "typical_volume": 26541514.35, "trend": 254.12958, "fair_value": 224.237953, "relative_strength": -4.277225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.258969, "energy": 71.131013, "activity_lines": [ 286.601485, 278.176673, 272.516776, 265.268914 ] }, { "date": "2025-10-17", "close": 268.568359, "volume": 28152113, "typical_volume": 26079907.45, "trend": 254.803052, "fair_value": 225.476443, "relative_strength": -10.691026, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.50787, "energy": 57.960173, "activity_lines": [ 282.294108, 277.186035, 272.50997, 266.200448 ] }, { "date": "2025-10-24", "close": 269.532684, "volume": 14498140, "typical_volume": 24541864.0, "trend": 255.818737, "fair_value": 226.736497, "relative_strength": -10.993723, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.018369, "energy": 35.882296, "activity_lines": [ 278.01887, 276.50223, 272.53866, 267.150747 ] }, { "date": "2025-10-31", "close": 270.49704, "volume": 18428976, "typical_volume": 23320304.5, "trend": 257.176635, "fair_value": 227.956017, "relative_strength": -12.683425, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.067065, "energy": 16.937685, "activity_lines": [ 274.225808, 275.984995, 272.651411, 268.097735 ] }, { "date": "2025-11-07", "close": 261.335815, "volume": 22569442, "typical_volume": 23350732.25, "trend": 259.624463, "fair_value": 229.104279, "relative_strength": -13.552546, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.343999, "energy": 17.127921, "activity_lines": [ 268.182619, 273.635516, 271.874861, 268.366069 ] }, { "date": "2025-11-14", "close": 260.853638, "volume": 16195496, "typical_volume": 23208952.6, "trend": 261.529103, "fair_value": 230.224952, "relative_strength": -12.520915, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.805034, "energy": 18.025745, "activity_lines": [ 264.58242, 271.303568, 271.048203, 268.44537 ] }, { "date": "2025-11-21", "close": 230.959137, "volume": 41114978, "typical_volume": 24064451.3, "trend": 262.065179, "fair_value": 231.130067, "relative_strength": -19.324317, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.24341, "energy": 44.417541, "activity_lines": [ 252.84963, 263.509957, 267.379205, 266.473115 ] }, { "date": "2025-11-28", "close": 234.816498, "volume": 17673440, "typical_volume": 24127636.6, "trend": 262.5748, "fair_value": 231.991546, "relative_strength": -21.103723, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.481719, "energy": 63.86449, "activity_lines": [ 244.909908, 257.022587, 264.187032, 264.715135 ] }, { "date": "2025-12-05", "close": 235.29866, "volume": 11284204, "typical_volume": 23484413.25, "trend": 262.836935, "fair_value": 232.887448, "relative_strength": -21.531991, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.6619, "energy": 68.218566, "activity_lines": [ 239.44532, 251.297921, 261.165092, 262.955384 ] }, { "date": "2025-12-12", "close": 230.476974, "volume": 14438047, "typical_volume": 23241449.05, "trend": 262.442239, "fair_value": 233.732503, "relative_strength": -23.302854, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.136562, "energy": 82.998627, "activity_lines": [ 234.720061, 245.555722, 257.845824, 260.867645 ] }, { "date": "2025-12-19", "close": 229.512634, "volume": 15173013, "typical_volume": 22880834.8, "trend": 262.154928, "fair_value": 234.6198, "relative_strength": -21.881935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.841206, "energy": 80.949385, "activity_lines": [ 231.730612, 240.909363, 254.610697, 258.743154 ] }, { "date": "2025-12-26", "close": 225.173111, "volume": 6967935, "typical_volume": 22488186.1, "trend": 261.102832, "fair_value": 235.453643, "relative_strength": -25.217015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.452729, "energy": 82.180476, "activity_lines": [ 229.384055, 236.543539, 251.141374, 256.35723 ] }, { "date": "2026-01-02", "close": 249.763748, "volume": 27439805, "typical_volume": 22666658.15, "trend": 260.498344, "fair_value": 236.447967, "relative_strength": -18.91793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.712565, "energy": 49.611306, "activity_lines": [ 235.620113, 237.437745, 250.255101, 255.625677 ] }, { "date": "2026-01-09", "close": 231.441315, "volume": 27335115, "typical_volume": 23040878.2, "trend": 259.314113, "fair_value": 237.32484, "relative_strength": -26.733293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.70748, "energy": 47.788241, "activity_lines": [ 234.752209, 235.360034, 247.715676, 253.75103 ] }, { "date": "2026-01-16", "close": 237.709503, "volume": 31857261, "typical_volume": 23803197.0, "trend": 258.555869, "fair_value": 238.21056, "relative_strength": -26.97576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.220903, "energy": 36.139734, "activity_lines": [ 236.230858, 235.132097, 245.915576, 252.357184 ] }, { "date": "2026-01-23", "close": 229.994797, "volume": 20847807, "typical_volume": 24233757.0, "trend": 257.493959, "fair_value": 239.035433, "relative_strength": -30.188137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.143249, "energy": 34.551929, "activity_lines": [ 234.65577, 233.931056, 243.520801, 250.514534 ] }, { "date": "2026-01-30", "close": 224.690933, "volume": 21230426, "typical_volume": 23802707.85, "trend": 256.518811, "fair_value": 239.826307, "relative_strength": -31.630842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.970721, "energy": 46.70656, "activity_lines": [ 231.280583, 232.326746, 240.760954, 248.39821 ] }, { "date": "2026-02-06", "close": 219.38707, "volume": 17568339, "typical_volume": 23817084.45, "trend": 255.134316, "fair_value": 240.580333, "relative_strength": -32.253107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.468189, "energy": 56.280714, "activity_lines": [ 226.169586, 229.872065, 237.684254, 246.002613 ] }, { "date": "2026-02-13", "close": 221.31575, "volume": 11274027, "typical_volume": 22317056.15, "trend": 253.53505, "fair_value": 241.332481, "relative_strength": -34.89006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.520361, "energy": 64.890847, "activity_lines": [ 223.726595, 228.048588, 235.041506, 243.82077 ] }, { "date": "2026-02-27", "close": 230.959137, "volume": 21432779, "typical_volume": 20777439.65, "trend": 252.319244, "fair_value": 242.143596, "relative_strength": -35.026419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.193026, "energy": 60.822196, "activity_lines": [ 225.173104, 228.232689, 233.608774, 242.36426 ] }, { "date": "2026-03-06", "close": 211.190186, "volume": 32679234, "typical_volume": 20908028.85, "trend": 250.454855, "fair_value": 242.819442, "relative_strength": -36.877266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.065625, "energy": 68.299018, "activity_lines": [ 220.479987, 224.813668, 230.623915, 239.710772 ] }, { "date": "2026-03-13", "close": 224.690933, "volume": 32624766, "typical_volume": 21131661.5, "trend": 248.75119, "fair_value": 243.581831, "relative_strength": -31.890096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.504256, "energy": 42.17843, "activity_lines": [ 221.540759, 224.182464, 229.292209, 238.048584 ] }, { "date": "2026-03-20", "close": 239.638184, "volume": 41109208, "typical_volume": 22462214.9, "trend": 247.770779, "fair_value": 244.434339, "relative_strength": -27.121595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.549004, "energy": 23.52218, "activity_lines": [ 227.583949, 226.277709, 229.592991, 237.460648 ] }, { "date": "2026-03-27", "close": 226.619614, "volume": 28003764, "typical_volume": 22940954.3, "trend": 246.613572, "fair_value": 245.211939, "relative_strength": -29.583706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.371371, "energy": 23.004738, "activity_lines": [ 227.937541, 226.190042, 228.796263, 236.096057 ] }, { "date": "2026-04-03", "close": 219.869247, "volume": 13981188, "typical_volume": 22511541.6, "trend": 245.038485, "fair_value": 245.886451, "relative_strength": -29.950038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.144925, "energy": 21.169059, "activity_lines": [ 225.68742, 224.962703, 227.565583, 234.370616 ] }, { "date": "2026-04-10", "close": 253.138931, "volume": 41908269, "typical_volume": 23797180.25, "trend": 244.829545, "fair_value": 246.748593, "relative_strength": -25.286789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.865682, "energy": 11.810404, "activity_lines": [ 235.266519, 230.108766, 229.700905, 234.893226 ] }, { "date": "2026-04-17", "close": 271.461365, "volume": 70310229, "typical_volume": 25256942.8, "trend": 245.07063, "fair_value": 247.725338, "relative_strength": -22.547638, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.331748, "energy": 36.851581, "activity_lines": [ 248.156513, 238.165378, 233.617957, 236.611408 ] }, { "date": "2026-04-24", "close": 268.086182, "volume": 45857073, "typical_volume": 26666124.45, "trend": 244.942051, "fair_value": 248.677599, "relative_strength": -27.159457, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.524932, "energy": 55.284042, "activity_lines": [ 256.803418, 244.757949, 237.020696, 238.096282 ] }, { "date": "2026-05-01", "close": 263.264496, "volume": 26021518, "typical_volume": 27402990.15, "trend": 244.299159, "fair_value": 249.613194, "relative_strength": -27.864695, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.009599, "energy": 61.573464, "activity_lines": [ 261.946561, 249.588411, 239.805799, 239.278375 ] }, { "date": "2026-05-08", "close": 305.695404, "volume": 78346996, "typical_volume": 30598437.6, "trend": 244.475954, "fair_value": 250.826479, "relative_strength": -21.108862, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.473487, "energy": 77.560737, "activity_lines": [ 278.790347, 261.37088, 246.49877, 243.239423 ] }, { "date": "2026-05-15", "close": 314.856598, "volume": 81934461, "typical_volume": 33936510.0, "trend": 245.359931, "fair_value": 252.064308, "relative_strength": -17.342141, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.095027, "energy": 91.233193, "activity_lines": [ 292.966122, 273.460179, 253.706053, 247.78011 ] }, { "date": "2026-05-22", "close": 310.999268, "volume": 113785810, "typical_volume": 39277403.75, "trend": 246.774295, "fair_value": 253.266017, "relative_strength": -19.848736, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.58259, "energy": 85.477106, "activity_lines": [ 301.741608, 282.963301, 260.139571, 252.014906 ] }, { "date": "2026-05-29", "close": 356.805359, "volume": 85696897, "typical_volume": 42190258.35, "trend": 249.683384, "fair_value": 254.61893, "relative_strength": -12.557181, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.399779, "energy": 95.174297, "activity_lines": [ 323.149931, 299.225561, 270.526878, 259.113684 ] }, { "date": "2026-06-05", "close": 355.841003, "volume": 125313021, "typical_volume": 47089153.65, "trend": 252.528183, "fair_value": 255.846026, "relative_strength": -12.686997, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.486061, "energy": 91.304145, "activity_lines": [ 338.32219, 313.182171, 280.31262, 265.962563 ] }, { "date": "2026-06-12", "close": 329.803864, "volume": 62791473, "typical_volume": 48635864.25, "trend": 254.810451, "fair_value": 256.803672, "relative_strength": -16.553533, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.203441, "energy": 75.740354, "activity_lines": [ 338.643636, 320.055277, 287.026255, 270.948091 ] }, { "date": "2026-06-19", "close": 331.732544, "volume": 24923046, "typical_volume": 48839626.2, "trend": 257.173081, "fair_value": 257.560045, "relative_strength": -19.354438, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.536369, "energy": 70.738342, "activity_lines": [ 338.000745, 325.28024, 293.485029, 275.910806 ] }, { "date": "2026-06-26", "close": 308.106232, "volume": 43570551, "typical_volume": 49956632.45, "trend": 259.744651, "fair_value": 258.085211, "relative_strength": -21.075819, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.784056, "energy": 51.841914, "activity_lines": [ 328.357353, 324.780535, 297.209213, 279.196816 ] }, { "date": "2026-07-03", "close": 326.42868, "volume": 30061124, "typical_volume": 50581271.7, "trend": 262.798391, "fair_value": 258.696494, "relative_strength": -19.514346, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.356005, "energy": 37.613305, "activity_lines": [ 325.014313, 326.945914, 302.281176, 283.499011 ] }, { "date": "2026-07-10", "close": 324.5, "volume": 0, "typical_volume": 50017570.35, "trend": 265.771769, "fair_value": 259.389415, "relative_strength": -16.715363, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.860465, "energy": 35.134701, "activity_lines": [ 323.053491, 327.699851, 306.659733, 287.47976 ] }, { "date": "2026-07-17", "close": 313.410095, "volume": 27533846, "typical_volume": 50322623.7, "trend": 268.536206, "fair_value": 259.911549, "relative_strength": -13.706752, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.412889, "energy": 27.990213, "activity_lines": [ 319.485435, 325.324069, 309.490755, 290.553201 ] }, { "date": "2026-07-24", "close": 341.858093, "volume": 34547926, "typical_volume": 50416058.3, "trend": 272.281055, "fair_value": 260.416649, "relative_strength": -7.222096, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.841531, "energy": 37.184765, "activity_lines": [ 326.492962, 327.980384, 314.638487, 295.283645 ] }, { "date": "2026-07-31", "close": 324.5, "volume": 36290213, "typical_volume": 50599330.65, "trend": 275.591951, "fair_value": 260.659509, "relative_strength": -10.036482, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.11945, "energy": 33.112677, "activity_lines": [ 327.039422, 326.989745, 317.510839, 298.652609 ] }, { "date": "2026-08-07", "close": 344.0, "volume": 43654794, "typical_volume": 50726609.95, "trend": 278.733159, "fair_value": 260.884946, "relative_strength": -6.235279, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.300053, "energy": 40.128786, "activity_lines": [ 332.992965, 329.299093, 321.765053, 303.066032 ] }, { "date": "2026-08-14", "close": 397.5, "volume": 59608951, "typical_volume": 52306869.3, "trend": 284.268449, "fair_value": 261.652588, "relative_strength": 5.282914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.63277, "energy": 63.182695, "activity_lines": [ 355.608419, 341.568538, 330.617543, 310.728409 ] } ], "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." } } }