{ "ticker": { "uuid": "9cf9201c-0d27-4280-9f19-e61e809d25f6", "symbol": "603893", "name": "Rockchip Electronics Co., Ltd.", "exchange": "SHH", "country": "CN", "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": "2026-08-07", "benchmark": "000001.SS", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 58.027, "architecture_energy": 44.3, "architecture_maturity": 16.845, "architecture_confidence": 87.081, "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": 28.85, "rotation_up": 62.7, "upward_expansion": 82.34, "deceleration": 49.6, "rotation_down": 14.11, "downward_expansion": 6.68 }, "activity_lines": [ 203.78667, 197.286911, 188.830763, 183.906044 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 205.320007, "trend_reference": 180.809004, "distance_from_trend": 0.135563, "trend_direction": "Improving", "fair_value": 122.165754, "distance_from_fair_value": 0.680667, "fair_value_direction": "Improving", "relative_strength": 11.62274, "relative_strength_direction": "Improving", "price_momentum": 0.074945, "excess_performance": 0.118149, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.135563, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026132, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.680667, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.100071, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.116227, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.187455, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.074945, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.285762, "read": "Demand-led" } ], "volume": { "latest": 96577870, "relative_activity": 1.566385, "balance": 1.285762, "dry_up": 2.1458, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.135799, "annualized_volatility": 0.548163, "from_high_reference": -0.177333, "from_low_reference": 0.411619 }, "levels": { "trend_reference": 180.809004, "fair_value_reference": 122.165754, "structural_low": 145.449997, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.034876, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.053942, "regime_survival": 0.6, "best_return": 0.473345, "worst_return": -0.195522, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.106318, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.008527, "regime_survival": 0.285714, "best_return": 0.590168, "worst_return": -0.190825, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.154113, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.228325, "regime_survival": 0.2, "best_return": 1.057307, "worst_return": -0.315005, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.351077, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.277642, "regime_survival": 0.0, "best_return": 1.273315, "worst_return": -0.421015, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-13", "end": "2024-10-11", "tenure": "Developing", "return": 0.377076, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-03-14", "tenure": "Established", "return": 0.869334, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-05-09", "tenure": "Developing", "return": 0.034517, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": -0.089021, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-08-15", "tenure": "Developing", "return": 0.24018, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": 0.256504, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": -0.071919, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.128814, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": -0.014812, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": -0.038922, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-03-13", "tenure": "Developing", "return": -0.106457, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-05-29", "tenure": "Developing", "return": 0.125513, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-07-17", "tenure": "Developing", "return": 0.16608, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.074301, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 72.700592, "volume": 13213005, "typical_volume": 23684403.3, "trend": 79.120043, "fair_value": 90.23191, "relative_strength": -9.869343, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.844066, "energy": 39.536619, "activity_lines": [ 73.88204, 74.718099, 76.964314, 78.559279 ] }, { "date": "2023-08-04", "close": 74.257896, "volume": 8846648, "typical_volume": 22868735.2, "trend": 79.334583, "fair_value": 90.155345, "relative_strength": -7.966829, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.204771, "energy": 26.667194, "activity_lines": [ 74.156047, 74.365599, 76.4186, 78.245592 ] }, { "date": "2023-08-11", "close": 70.571617, "volume": 8131694, "typical_volume": 21313293.6, "trend": 79.335569, "fair_value": 90.082124, "relative_strength": -9.384154, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.499809, "energy": 33.710998, "activity_lines": [ 73.037679, 73.462936, 75.56241, 77.68024 ] }, { "date": "2023-08-18", "close": 69.103256, "volume": 6664593, "typical_volume": 20362781.3, "trend": 79.266583, "fair_value": 89.934304, "relative_strength": -8.8889, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.511423, "energy": 53.454351, "activity_lines": [ 71.490966, 72.561032, 74.680194, 77.02009 ] }, { "date": "2023-08-25", "close": 62.515404, "volume": 9762922, "typical_volume": 19127386.15, "trend": 78.841326, "fair_value": 89.786338, "relative_strength": -15.07786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.195741, "energy": 72.587566, "activity_lines": [ 68.128085, 70.583373, 73.264057, 75.939369 ] }, { "date": "2023-09-01", "close": 64.127747, "volume": 14484600, "typical_volume": 17919127.6, "trend": 78.290757, "fair_value": 89.639842, "relative_strength": -14.292656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.709884, "energy": 77.704353, "activity_lines": [ 66.227417, 69.173117, 72.181255, 74.990106 ] }, { "date": "2023-09-08", "close": 64.295906, "volume": 14333302, "typical_volume": 17166908.45, "trend": 77.536181, "fair_value": 89.521521, "relative_strength": -13.201148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.888132, "energy": 80.963395, "activity_lines": [ 64.954324, 67.995004, 71.259065, 74.087212 ] }, { "date": "2023-09-15", "close": 62.66378, "volume": 10082209, "typical_volume": 16233219.15, "trend": 76.862561, "fair_value": 89.420523, "relative_strength": -15.044528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.742595, "energy": 82.541322, "activity_lines": [ 63.801322, 66.656645, 70.25755, 73.127703 ] }, { "date": "2023-09-22", "close": 62.001034, "volume": 8221080, "typical_volume": 16250020.9, "trend": 76.253915, "fair_value": 89.310969, "relative_strength": -16.060153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.525102, "energy": 79.203203, "activity_lines": [ 62.954594, 65.358232, 69.238598, 72.168894 ] }, { "date": "2023-09-29", "close": 60.784359, "volume": 6103586, "typical_volume": 15351850.8, "trend": 75.487422, "fair_value": 89.2721, "relative_strength": -16.848209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.789305, "energy": 76.416601, "activity_lines": [ 62.175789, 64.071313, 68.139468, 71.170859 ] }, { "date": "2023-10-13", "close": 64.553085, "volume": 10636025, "typical_volume": 14297481.05, "trend": 75.1544, "fair_value": 89.200258, "relative_strength": -10.97098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.951746, "energy": 54.34732, "activity_lines": [ 62.768629, 63.7533, 67.450799, 70.465418 ] }, { "date": "2023-10-20", "close": 65.977478, "volume": 18627753, "typical_volume": 14162959.4, "trend": 74.594194, "fair_value": 89.162148, "relative_strength": -5.811646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.569855, "energy": 45.322703, "activity_lines": [ 63.80791, 63.842404, 66.987509, 69.873358 ] }, { "date": "2023-10-27", "close": 61.793308, "volume": 23817212, "typical_volume": 13945998.6, "trend": 73.504861, "fair_value": 89.10808, "relative_strength": -12.734814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.709716, "energy": 41.630182, "activity_lines": [ 63.340364, 63.321302, 66.196603, 69.047494 ] }, { "date": "2023-11-03", "close": 66.264351, "volume": 19376315, "typical_volume": 13794968.3, "trend": 72.755776, "fair_value": 89.075805, "relative_strength": -6.832747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.91678, "energy": 28.436274, "activity_lines": [ 64.421197, 63.772723, 65.943434, 68.580365 ] }, { "date": "2023-11-10", "close": 67.213951, "volume": 17762888, "typical_volume": 13724442.0, "trend": 71.653945, "fair_value": 89.01971, "relative_strength": -5.765633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.003543, "energy": 20.582586, "activity_lines": [ 65.534342, 64.448415, 65.826182, 68.222828 ] }, { "date": "2023-11-17", "close": 68.925209, "volume": 14780337, "typical_volume": 13890398.2, "trend": 70.801685, "fair_value": 89.018977, "relative_strength": -3.651356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.767224, "energy": 16.14484, "activity_lines": [ 66.789266, 65.349817, 65.921362, 68.04678 ] }, { "date": "2023-11-24", "close": 64.889404, "volume": 10289473, "typical_volume": 13699924.05, "trend": 70.288661, "fair_value": 88.964214, "relative_strength": -8.693342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.313837, "energy": 19.898679, "activity_lines": [ 66.407448, 65.430209, 65.662125, 67.665343 ] }, { "date": "2023-12-01", "close": 65.542259, "volume": 7221555, "typical_volume": 13214723.35, "trend": 70.064835, "fair_value": 88.889847, "relative_strength": -7.102593, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.509488, "energy": 13.780665, "activity_lines": [ 66.315786, 65.618511, 65.49799, 67.359123 ] }, { "date": "2023-12-08", "close": 63.939804, "volume": 8042905, "typical_volume": 12734756.05, "trend": 69.879586, "fair_value": 88.792721, "relative_strength": -7.160209, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.233653, "energy": 18.361395, "activity_lines": [ 65.440042, 65.463122, 65.209555, 66.96396 ] }, { "date": "2023-12-15", "close": 65.037781, "volume": 9924072, "typical_volume": 12016108.7, "trend": 69.660628, "fair_value": 88.699136, "relative_strength": -4.489539, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.058177, "energy": 21.348712, "activity_lines": [ 65.085261, 65.472115, 65.077404, 66.651585 ] }, { "date": "2023-12-22", "close": 61.496559, "volume": 8922865, "typical_volume": 11801601.7, "trend": 68.930688, "fair_value": 88.618628, "relative_strength": -8.65693, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.13622, "energy": 35.436482, "activity_lines": [ 63.69515, 64.759914, 64.662037, 66.124871 ] }, { "date": "2023-12-29", "close": 62.713238, "volume": 7938909, "typical_volume": 11756214.75, "trend": 68.32574, "fair_value": 88.535055, "relative_strength": -8.576054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.531529, "energy": 41.521931, "activity_lines": [ 63.205842, 64.324501, 64.415897, 65.723746 ] }, { "date": "2024-01-05", "close": 57.806965, "volume": 6905206, "typical_volume": 11694890.35, "trend": 67.409404, "fair_value": 88.385503, "relative_strength": -14.222869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.719536, "energy": 60.840488, "activity_lines": [ 61.226188, 63.056388, 63.757467, 65.045115 ] }, { "date": "2024-01-12", "close": 55.165886, "volume": 8838423, "typical_volume": 11803581.85, "trend": 66.721094, "fair_value": 88.263977, "relative_strength": -16.605082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.380671, "energy": 75.789618, "activity_lines": [ 58.88186, 61.380558, 62.908291, 64.25521 ] }, { "date": "2024-01-19", "close": 53.227119, "volume": 7807513, "typical_volume": 11705811.4, "trend": 65.908691, "fair_value": 88.157309, "relative_strength": -17.879987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.196903, "energy": 82.932325, "activity_lines": [ 56.476205, 59.554015, 61.940838, 63.384631 ] }, { "date": "2024-01-26", "close": 51.575203, "volume": 9968974, "typical_volume": 11480030.1, "trend": 65.120732, "fair_value": 88.03618, "relative_strength": -22.262379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.093161, "energy": 89.694891, "activity_lines": [ 54.307288, 57.68143, 60.860289, 62.45989 ] }, { "date": "2024-02-02", "close": 43.216736, "volume": 12784134, "typical_volume": 11402571.7, "trend": 64.167835, "fair_value": 87.87733, "relative_strength": -30.138613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.362326, "energy": 96.925376, "activity_lines": [ 50.013639, 54.604578, 59.04347, 61.046729 ] }, { "date": "2024-02-09", "close": 51.436722, "volume": 20975329, "typical_volume": 11947227.7, "trend": 63.49945, "fair_value": 87.799457, "relative_strength": -20.331939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.869585, "energy": 82.575437, "activity_lines": [ 49.759752, 53.416317, 58.109884, 60.225367 ] }, { "date": "2024-02-23", "close": 50.833328, "volume": 19533759, "typical_volume": 12512861.65, "trend": 62.700562, "fair_value": 87.731015, "relative_strength": -24.278142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.919895, "energy": 71.591589, "activity_lines": [ 49.729417, 52.374813, 57.172294, 59.408198 ] }, { "date": "2024-03-01", "close": 54.374554, "volume": 24213243, "typical_volume": 13418344.5, "trend": 61.966818, "fair_value": 87.698011, "relative_strength": -19.056086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.359585, "energy": 52.471352, "activity_lines": [ 51.168328, 52.215467, 56.625143, 58.871036 ] }, { "date": "2024-03-08", "close": 53.434841, "volume": 17560893, "typical_volume": 13764587.9, "trend": 61.324626, "fair_value": 87.703938, "relative_strength": -20.467077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.305348, "energy": 34.29018, "activity_lines": [ 52.217506, 52.079142, 56.019019, 58.320586 ] }, { "date": "2024-03-15", "close": 53.909645, "volume": 13578434, "typical_volume": 13512121.95, "trend": 60.646351, "fair_value": 87.679442, "relative_strength": -19.458475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.416888, "energy": 27.095876, "activity_lines": [ 53.300975, 52.175721, 55.511058, 57.8422 ] }, { "date": "2024-03-22", "close": 53.355709, "volume": 12460440, "typical_volume": 12944283.35, "trend": 60.072487, "fair_value": 87.632852, "relative_strength": -19.720752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.688764, "energy": 21.997462, "activity_lines": [ 53.486939, 52.33165, 55.007807, 57.371836 ] }, { "date": "2024-03-29", "close": 49.774921, "volume": 11671380, "typical_volume": 12559036.6, "trend": 59.42821, "fair_value": 87.552318, "relative_strength": -24.331996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.409039, "energy": 30.273448, "activity_lines": [ 52.351374, 51.917459, 54.203708, 56.707477 ] }, { "date": "2024-04-05", "close": 48.795647, "volume": 6305866, "typical_volume": 11986185.5, "trend": 58.970884, "fair_value": 87.43791, "relative_strength": -25.638977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.556447, "energy": 39.752193, "activity_lines": [ 50.959945, 51.423235, 53.384866, 56.021505 ] }, { "date": "2024-04-12", "close": 51.377373, "volume": 14632691, "typical_volume": 11978803.2, "trend": 58.545872, "fair_value": 87.350415, "relative_strength": -19.683229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.933195, "energy": 37.506047, "activity_lines": [ 50.801019, 51.478988, 52.899608, 55.531601 ] }, { "date": "2024-04-19", "close": 52.228058, "volume": 32291348, "typical_volume": 13078896.95, "trend": 58.14361, "fair_value": 87.292787, "relative_strength": -18.605558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.26043, "energy": 35.169453, "activity_lines": [ 51.062818, 51.693008, 52.578929, 55.124 ] }, { "date": "2024-04-26", "close": 55.502201, "volume": 19700902, "typical_volume": 13702864.3, "trend": 57.904891, "fair_value": 87.261142, "relative_strength": -13.334602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.083802, "energy": 19.260593, "activity_lines": [ 52.528105, 52.338485, 52.630366, 54.953587 ] }, { "date": "2024-05-03", "close": 57.124439, "volume": 8658436, "typical_volume": 13733640.85, "trend": 57.742338, "fair_value": 87.166407, "relative_strength": -10.776765, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.106337, "energy": 10.561621, "activity_lines": [ 54.391038, 53.204996, 52.884111, 54.903235 ] }, { "date": "2024-05-10", "close": 57.609131, "volume": 16380348, "typical_volume": 14056454.65, "trend": 57.636497, "fair_value": 87.058794, "relative_strength": -11.149597, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.957091, "energy": 16.851638, "activity_lines": [ 55.925567, 54.045249, 53.216472, 54.894641 ] }, { "date": "2024-05-17", "close": 54.354771, "volume": 21435848, "typical_volume": 14682103.8, "trend": 57.296553, "fair_value": 86.913961, "relative_strength": -15.870902, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.635223, "energy": 19.127421, "activity_lines": [ 55.787744, 54.23499, 53.274268, 54.682917 ] }, { "date": "2024-05-24", "close": 52.841339, "volume": 11345140, "typical_volume": 14852415.35, "trend": 56.858682, "fair_value": 86.757554, "relative_strength": -16.112135, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.743327, "energy": 15.110525, "activity_lines": [ 54.94695, 54.132835, 53.221936, 54.395484 ] }, { "date": "2024-05-31", "close": 56.580395, "volume": 16417220, "typical_volume": 15328016.05, "trend": 56.684918, "fair_value": 86.588464, "relative_strength": -9.513208, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.153242, "energy": 10.531081, "activity_lines": [ 55.311623, 54.729933, 53.572713, 54.37753 ] }, { "date": "2024-06-07", "close": 55.205452, "volume": 17368259, "typical_volume": 15754507.85, "trend": 56.316288, "fair_value": 86.443528, "relative_strength": -10.079683, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.02776, "energy": 6.382925, "activity_lines": [ 55.146102, 55.01841, 53.798385, 54.28208 ] }, { "date": "2024-06-14", "close": 59.003857, "volume": 21768447, "typical_volume": 16452554.55, "trend": 56.042618, "fair_value": 86.308017, "relative_strength": -2.655109, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.708732, "energy": 19.556905, "activity_lines": [ 56.374648, 55.898769, 54.385621, 54.455472 ] }, { "date": "2024-06-21", "close": 59.26104, "volume": 22457310, "typical_volume": 17076971.35, "trend": 55.720479, "fair_value": 86.169972, "relative_strength": -0.752984, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.583201, "energy": 41.597787, "activity_lines": [ 57.595941, 56.640285, 54.969842, 54.663112 ] }, { "date": "2024-06-28", "close": 58.529053, "volume": 27022220, "typical_volume": 17788875.65, "trend": 55.508468, "fair_value": 86.021427, "relative_strength": -0.581306, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.204205, "energy": 44.437202, "activity_lines": [ 58.246153, 57.105373, 55.447751, 54.84431 ] }, { "date": "2024-07-05", "close": 56.580395, "volume": 14323093, "typical_volume": 17456263.85, "trend": 55.209739, "fair_value": 85.778473, "relative_strength": -2.913778, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.549345, "energy": 41.455665, "activity_lines": [ 57.867632, 57.101596, 55.667158, 54.913467 ] }, { "date": "2024-07-12", "close": 66.897415, "volume": 36645379, "typical_volume": 18311844.85, "trend": 55.308326, "fair_value": 85.471283, "relative_strength": 13.953894, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 83.569897, "energy": 71.627361, "activity_lines": [ 60.928117, 58.954038, 56.844644, 55.667511 ] }, { "date": "2024-07-19", "close": 67.263405, "volume": 32767116, "typical_volume": 18739538.5, "trend": 55.382513, "fair_value": 85.032072, "relative_strength": 14.133026, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.611332, "energy": 77.125938, "activity_lines": [ 63.331134, 60.695332, 57.980491, 56.438806 ] }, { "date": "2024-07-26", "close": 60.635983, "volume": 22124488, "typical_volume": 18967718.25, "trend": 55.353827, "fair_value": 84.505972, "relative_strength": 6.361205, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.88287, "energy": 63.688235, "activity_lines": [ 62.974375, 61.056109, 58.42378, 56.777739 ] }, { "date": "2024-08-02", "close": 59.963348, "volume": 28914326, "typical_volume": 19734512.85, "trend": 55.262164, "fair_value": 84.038593, "relative_strength": 5.014393, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.378138, "energy": 57.80663, "activity_lines": [ 62.301741, 61.180384, 58.768717, 57.075128 ] }, { "date": "2024-08-09", "close": 55.934258, "volume": 17390064, "typical_volume": 19980994.05, "trend": 55.199741, "fair_value": 83.511615, "relative_strength": -0.306704, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.052076, "energy": 22.639262, "activity_lines": [ 60.190457, 60.442607, 58.701103, 57.118489 ] }, { "date": "2024-08-16", "close": 54.802666, "volume": 11897520, "typical_volume": 19992301.05, "trend": 55.187633, "fair_value": 83.022684, "relative_strength": -2.56879, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.453298, "energy": 17.76913, "activity_lines": [ 57.745052, 59.510833, 58.513441, 57.092871 ] }, { "date": "2024-08-23", "close": 52.718163, "volume": 10601021, "typical_volume": 20207058.8, "trend": 55.170668, "fair_value": 82.249086, "relative_strength": -5.110028, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 2.651428, "energy": 20.053476, "activity_lines": [ 55.411129, 58.207383, 58.103312, 56.93355 ] }, { "date": "2024-08-30", "close": 53.144993, "volume": 15946205, "typical_volume": 20272734.5, "trend": 55.222995, "fair_value": 81.5088, "relative_strength": -3.612194, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.661813, "energy": 32.494335, "activity_lines": [ 54.189165, 57.095823, 57.715156, 56.802862 ] }, { "date": "2024-09-06", "close": 49.700592, "volume": 15209730, "typical_volume": 19418653.6, "trend": 55.439123, "fair_value": 80.839795, "relative_strength": -7.145062, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.92768, "energy": 52.838348, "activity_lines": [ 52.318467, 55.469209, 56.990544, 56.446578 ] }, { "date": "2024-09-13", "close": 49.015682, "volume": 10813682, "typical_volume": 18974292.6, "trend": 55.358422, "fair_value": 80.252113, "relative_strength": -6.116261, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.790596, "energy": 60.640235, "activity_lines": [ 50.90365, 53.878583, 56.212738, 56.032162 ] }, { "date": "2024-09-20", "close": 49.144722, "volume": 7108464, "typical_volume": 18896794.0, "trend": 55.302135, "fair_value": 79.626599, "relative_strength": -6.74639, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.447837, "energy": 62.818453, "activity_lines": [ 49.993084, 52.44896, 55.47811, 55.631278 ] }, { "date": "2024-09-27", "close": 58.63419, "volume": 22424606, "typical_volume": 19199006.9, "trend": 55.444123, "fair_value": 79.021689, "relative_strength": -1.268678, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.329062, "energy": 23.707299, "activity_lines": [ 52.622871, 53.067471, 55.685239, 55.84625 ] }, { "date": "2024-10-04", "close": 64.500595, "volume": 9465897, "typical_volume": 18600509.35, "trend": 55.812981, "fair_value": 78.604699, "relative_strength": 0.551476, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 31.877514, "energy": 19.418285, "activity_lines": [ 56.813724, 54.909495, 56.446192, 56.430538 ] }, { "date": "2024-10-11", "close": 67.498306, "volume": 51315213, "typical_volume": 20599013.0, "trend": 56.265937, "fair_value": 78.166949, "relative_strength": 8.95187, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 64.518391, "energy": 47.818081, "activity_lines": [ 61.246774, 57.226293, 57.444328, 57.18443 ] }, { "date": "2024-10-18", "close": 87.023186, "volume": 76084677, "typical_volume": 23582385.85, "trend": 57.388186, "fair_value": 77.92535, "relative_strength": 37.785233, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.887536, "energy": 90.443153, "activity_lines": [ 71.001603, 62.956069, 60.232181, 59.168769 ] }, { "date": "2024-10-25", "close": 88.432709, "volume": 82187442, "typical_volume": 26823345.0, "trend": 58.676779, "fair_value": 77.696983, "relative_strength": 37.758035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.374677, "energy": 97.049882, "activity_lines": [ 78.692439, 68.376869, 63.009309, 61.171641 ] }, { "date": "2024-11-01", "close": 84.74015, "volume": 53966800, "typical_volume": 28433262.65, "trend": 59.874929, "fair_value": 77.450774, "relative_strength": 32.413135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.92486, "energy": 92.07791, "activity_lines": [ 82.533223, 72.514839, 65.27654, 62.853149 ] }, { "date": "2024-11-08", "close": 89.028282, "volume": 43757465, "typical_volume": 29498270.4, "trend": 61.129959, "fair_value": 77.269835, "relative_strength": 31.342189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.269713, "energy": 92.929674, "activity_lines": [ 86.062988, 76.850252, 67.829611, 64.73401 ] }, { "date": "2024-11-15", "close": 84.174355, "volume": 44244950, "typical_volume": 30359406.9, "trend": 62.194836, "fair_value": 77.103144, "relative_strength": 28.31737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.133503, "energy": 87.17587, "activity_lines": [ 86.339597, 79.650709, 69.778653, 66.220746 ] }, { "date": "2024-11-22", "close": 81.146866, "volume": 27520859, "typical_volume": 31019295.2, "trend": 63.049658, "fair_value": 76.937223, "relative_strength": 25.828725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.617729, "energy": 64.904329, "activity_lines": [ 84.495307, 81.273917, 71.317244, 67.443457 ] }, { "date": "2024-11-29", "close": 83.668121, "volume": 22797303, "typical_volume": 30326891.4, "trend": 63.934447, "fair_value": 76.806949, "relative_strength": 26.955098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.688657, "energy": 58.232365, "activity_lines": [ 83.88319, 82.771333, 72.97897, 68.773681 ] }, { "date": "2024-12-06", "close": 83.906349, "volume": 25394482, "typical_volume": 29958259.7, "trend": 64.811021, "fair_value": 76.587224, "relative_strength": 24.048736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.827572, "energy": 47.620961, "activity_lines": [ 83.668121, 83.684364, 74.583524, 70.06219 ] }, { "date": "2024-12-13", "close": 91.628952, "volume": 55550072, "typical_volume": 31629538.9, "trend": 66.053494, "fair_value": 76.338432, "relative_strength": 35.235582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.528949, "energy": 55.198818, "activity_lines": [ 86.08284, 85.542012, 76.844313, 71.79238 ] }, { "date": "2024-12-20", "close": 110.846115, "volume": 75177353, "typical_volume": 33942690.25, "trend": 67.986987, "fair_value": 76.14547, "relative_strength": 63.058076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.275245, "energy": 67.605967, "activity_lines": [ 94.729903, 90.400446, 80.787721, 74.682226 ] }, { "date": "2024-12-27", "close": 114.628006, "volume": 95825801, "typical_volume": 37864477.1, "trend": 69.921907, "fair_value": 75.938092, "relative_strength": 65.047072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.600504, "energy": 84.766042, "activity_lines": [ 102.859478, 95.158354, 84.849011, 77.691324 ] }, { "date": "2025-01-03", "close": 98.755981, "volume": 52972033, "typical_volume": 39918202.75, "trend": 71.373591, "fair_value": 75.636614, "relative_strength": 49.191056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.116444, "energy": 71.716509, "activity_lines": [ 103.466302, 96.528534, 87.119185, 79.551587 ] }, { "date": "2025-01-10", "close": 126.063019, "volume": 88329091, "typical_volume": 43804606.25, "trend": 73.608897, "fair_value": 75.549718, "relative_strength": 89.478119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.303718, "energy": 87.204932, "activity_lines": [ 112.169615, 102.675935, 91.780729, 83.079937 ] }, { "date": "2025-01-17", "close": 138.38147, "volume": 119388760, "typical_volume": 48976734.0, "trend": 76.246244, "fair_value": 75.595796, "relative_strength": 98.999473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.884283, "energy": 92.167676, "activity_lines": [ 122.168633, 110.311728, 97.266196, 87.258813 ] }, { "date": "2025-01-24", "close": 156.371231, "volume": 113379305, "typical_volume": 53885212.75, "trend": 79.50765, "fair_value": 75.724361, "relative_strength": 118.389451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.779236, "energy": 93.795315, "activity_lines": [ 135.047404, 120.321057, 104.059087, 92.428167 ] }, { "date": "2025-01-31", "close": 163.570313, "volume": 17987744, "typical_volume": 54243915.85, "trend": 83.073981, "fair_value": 75.915115, "relative_strength": 122.256828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.167165, "energy": 95.566592, "activity_lines": [ 147.290861, 130.326639, 111.029648, 97.851564 ] }, { "date": "2025-02-07", "close": 185.734344, "volume": 76883220, "typical_volume": 57732653.65, "trend": 87.035212, "fair_value": 76.36455, "relative_strength": 140.082376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.057746, "energy": 96.138787, "activity_lines": [ 163.659508, 142.863437, 119.565572, 104.474814 ] }, { "date": "2025-02-14", "close": 168.402847, "volume": 108187056, "typical_volume": 62020776.15, "trend": 90.406526, "fair_value": 76.736031, "relative_strength": 109.314577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.239987, "energy": 83.782691, "activity_lines": [ 168.452432, 150.393304, 125.80045, 109.724338 ] }, { "date": "2025-02-21", "close": 181.945877, "volume": 98577928, "typical_volume": 66476377.7, "trend": 94.45019, "fair_value": 77.199966, "relative_strength": 117.553518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.132819, "energy": 70.612052, "activity_lines": [ 174.937044, 158.84924, 132.802433, 115.630103 ] }, { "date": "2025-02-28", "close": 157.107056, "volume": 81340118, "typical_volume": 67977622.95, "trend": 97.688313, "fair_value": 77.539766, "relative_strength": 86.885451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.635707, "energy": 65.129345, "activity_lines": [ 170.237755, 161.146901, 136.87955, 119.672482 ] }, { "date": "2025-03-07", "close": 160.786133, "volume": 61017762, "typical_volume": 67224277.2, "trend": 101.183376, "fair_value": 77.907598, "relative_strength": 84.118117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.748398, "energy": 55.94959, "activity_lines": [ 166.715771, 163.272377, 140.880347, 123.743309 ] }, { "date": "2025-03-14", "close": 162.675415, "volume": 52739361, "typical_volume": 65751873.15, "trend": 104.779134, "fair_value": 78.268555, "relative_strength": 79.726169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.313826, "energy": 45.762822, "activity_lines": [ 164.009158, 164.902121, 144.709824, 127.710537 ] }, { "date": "2025-03-21", "close": 159.592926, "volume": 66128783, "typical_volume": 66359972.3, "trend": 108.341626, "fair_value": 78.548976, "relative_strength": 75.375642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.549947, "energy": 37.078836, "activity_lines": [ 161.812312, 164.80924, 147.892194, 131.246911 ] }, { "date": "2025-03-28", "close": 163.948181, "volume": 52320788, "typical_volume": 66788138.45, "trend": 112.035066, "fair_value": 78.882378, "relative_strength": 76.796153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.221772, "energy": 36.443262, "activity_lines": [ 161.654545, 164.898589, 151.132908, 134.83443 ] }, { "date": "2025-04-04", "close": 162.436768, "volume": 47924749, "typical_volume": 66972128.4, "trend": 115.792938, "fair_value": 79.25509, "relative_strength": 71.749699, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.052983, "energy": 34.122884, "activity_lines": [ 162.19282, 164.248286, 153.872917, 138.086153 ] }, { "date": "2025-04-11", "close": 148.058472, "volume": 64744178, "typical_volume": 68833294.35, "trend": 119.094365, "fair_value": 79.567274, "relative_strength": 58.472795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.631317, "energy": 26.053751, "activity_lines": [ 157.583016, 160.873466, 154.870885, 140.1678 ] }, { "date": "2025-04-18", "close": 162.983658, "volume": 62948160, "typical_volume": 70840837.2, "trend": 122.888996, "fair_value": 80.042927, "relative_strength": 68.720457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.805099, "energy": 26.253261, "activity_lines": [ 158.796785, 160.494349, 156.971674, 142.999368 ] }, { "date": "2025-04-25", "close": 152.642426, "volume": 42266566, "typical_volume": 71684441.4, "trend": 126.022604, "fair_value": 80.441953, "relative_strength": 54.28253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.514263, "energy": 19.896555, "activity_lines": [ 156.542926, 158.648656, 157.70989, 144.918944 ] }, { "date": "2025-05-02", "close": 169.506577, "volume": 28942600, "typical_volume": 70354067.8, "trend": 129.522803, "fair_value": 80.984859, "relative_strength": 68.570641, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.993877, "energy": 28.452122, "activity_lines": [ 160.373818, 160.155726, 159.726901, 147.724361 ] }, { "date": "2025-05-09", "close": 165.101608, "volume": 44010771, "typical_volume": 68795738.7, "trend": 132.776246, "fair_value": 81.528663, "relative_strength": 58.010817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.456152, "energy": 33.043876, "activity_lines": [ 162.365828, 161.088062, 160.953546, 150.019768 ] }, { "date": "2025-05-16", "close": 160.84581, "volume": 35525076, "typical_volume": 65780702.45, "trend": 135.237001, "fair_value": 82.092555, "relative_strength": 49.957681, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.0107, "energy": 27.376096, "activity_lines": [ 162.761582, 161.101261, 161.516517, 151.830708 ] }, { "date": "2025-05-23", "close": 146.527191, "volume": 42056199, "typical_volume": 65234910.75, "trend": 137.173483, "fair_value": 82.60094, "relative_strength": 35.211316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.199609, "energy": 14.870606, "activity_lines": [ 157.531973, 158.50999, 160.495725, 152.559107 ] }, { "date": "2025-05-30", "close": 143.484482, "volume": 24647421, "typical_volume": 62050827.25, "trend": 139.131628, "fair_value": 83.085748, "relative_strength": 30.53569, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.680132, "energy": 7.963456, "activity_lines": [ 152.385226, 155.659102, 158.957669, 152.966268 ] }, { "date": "2025-06-06", "close": 148.317017, "volume": 24080395, "typical_volume": 57285409.0, "trend": 141.107919, "fair_value": 83.552974, "relative_strength": 31.442847, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.681768, "energy": 16.335906, "activity_lines": [ 149.459854, 153.979739, 157.796896, 153.558874 ] }, { "date": "2025-06-13", "close": 141.893524, "volume": 28322340, "typical_volume": 53032560.75, "trend": 143.031891, "fair_value": 83.963359, "relative_strength": 24.441669, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.885268, "energy": 24.005446, "activity_lines": [ 145.805955, 151.41667, 155.977049, 153.609558 ] }, { "date": "2025-06-20", "close": 142.102341, "volume": 24906621, "typical_volume": 53378504.6, "trend": 145.06374, "fair_value": 84.416688, "relative_strength": 23.67232, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.325066, "energy": 39.208127, "activity_lines": [ 143.768867, 149.265082, 154.246031, 153.549587 ] }, { "date": "2025-06-27", "close": 151.001755, "volume": 43978800, "typical_volume": 51733283.6, "trend": 147.308195, "fair_value": 84.864281, "relative_strength": 27.205023, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.113936, "energy": 28.497384, "activity_lines": [ 145.947815, 148.839862, 153.464804, 153.932685 ] }, { "date": "2025-07-04", "close": 149.888092, "volume": 34759167, "typical_volume": 48061889.15, "trend": 149.507586, "fair_value": 85.322969, "relative_strength": 22.882981, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.862986, "energy": 18.835442, "activity_lines": [ 147.457238, 148.430011, 152.742908, 154.09913 ] }, { "date": "2025-07-11", "close": 149.241745, "volume": 39015614, "typical_volume": 45083773.45, "trend": 151.428013, "fair_value": 85.76611, "relative_strength": 19.722502, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.087559, "energy": 11.455019, "activity_lines": [ 148.324304, 147.952721, 152.04762, 154.081979 ] }, { "date": "2025-07-18", "close": 152.910904, "volume": 51102151, "typical_volume": 43571875.1, "trend": 152.830172, "fair_value": 86.233586, "relative_strength": 20.471411, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.757167, "energy": 9.410068, "activity_lines": [ 150.352775, 148.511003, 151.85751, 154.177649 ] }, { "date": "2025-07-25", "close": 162.436768, "volume": 55273372, "typical_volume": 43284655.6, "trend": 154.423798, "fair_value": 86.669456, "relative_strength": 24.257139, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.80883, "energy": 15.840865, "activity_lines": [ 154.822042, 151.022908, 152.594607, 154.79743 ] }, { "date": "2025-08-01", "close": 159.636826, "volume": 40550213, "typical_volume": 42675198.2, "trend": 156.453159, "fair_value": 87.018642, "relative_strength": 21.714053, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.72126, "energy": 15.276147, "activity_lines": [ 157.002366, 152.996807, 153.057183, 155.133754 ] }, { "date": "2025-08-08", "close": 156.442093, "volume": 30248435, "typical_volume": 40881180.8, "trend": 157.465795, "fair_value": 87.419969, "relative_strength": 15.396404, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.847841, "energy": 18.642412, "activity_lines": [ 157.542108, 154.151489, 153.229967, 155.13304 ] }, { "date": "2025-08-15", "close": 177.946655, "volume": 60051561, "typical_volume": 41267719.45, "trend": 158.784634, "fair_value": 87.996238, "relative_strength": 27.161771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 40.413288, "energy": 47.248941, "activity_lines": [ 164.813104, 158.980497, 155.46581, 156.454386 ] }, { "date": "2025-08-22", "close": 195.697388, "volume": 74705827, "typical_volume": 42606773.35, "trend": 160.095506, "fair_value": 88.659791, "relative_strength": 32.924461, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.582781, "energy": 73.638314, "activity_lines": [ 176.087351, 166.498192, 159.325538, 158.835854 ] }, { "date": "2025-08-29", "close": 245.894638, "volume": 99848441, "typical_volume": 44361986.5, "trend": 162.839651, "fair_value": 89.561285, "relative_strength": 61.981765, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 96.880114, "energy": 97.603945, "activity_lines": [ 201.241581, 182.164406, 167.807574, 164.371282 ] }, { "date": "2025-09-05", "close": 197.674133, "volume": 102772892, "typical_volume": 46353223.1, "trend": 163.237644, "fair_value": 90.190859, "relative_strength": 29.621621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.678154, "energy": 83.010399, "activity_lines": [ 204.758452, 187.176124, 171.231294, 166.618668 ] }, { "date": "2025-09-12", "close": 215.295074, "volume": 78378126, "typical_volume": 48158801.1, "trend": 164.800718, "fair_value": 90.985702, "relative_strength": 36.595279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.00337, "energy": 84.912672, "activity_lines": [ 211.61315, 194.54306, 176.168006, 169.977212 ] }, { "date": "2025-09-19", "close": 214.92569, "volume": 87295151, "typical_volume": 51076428.65, "trend": 165.900045, "fair_value": 91.813496, "relative_strength": 35.70893, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.22027, "energy": 77.68033, "activity_lines": [ 214.421187, 200.653618, 180.771192, 173.211081 ] }, { "date": "2025-09-26", "close": 211.661072, "volume": 92271042, "typical_volume": 53489442.2, "trend": 167.718512, "fair_value": 92.644561, "relative_strength": 31.15916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.574536, "energy": 53.597422, "activity_lines": [ 213.67575, 204.976355, 184.847181, 176.163405 ] }, { "date": "2025-10-03", "close": 225.178787, "volume": 26061795, "typical_volume": 53016278.15, "trend": 169.864934, "fair_value": 93.589194, "relative_strength": 35.186606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.597565, "energy": 56.537376, "activity_lines": [ 216.371972, 210.688674, 189.98886, 179.87052 ] }, { "date": "2025-10-10", "close": 205.621033, "volume": 29749551, "typical_volume": 52400945.75, "trend": 171.296454, "fair_value": 94.433414, "relative_strength": 21.265704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.894145, "energy": 46.097181, "activity_lines": [ 213.929999, 211.704274, 192.961548, 182.177365 ] }, { "date": "2025-10-17", "close": 183.457565, "volume": 54550522, "typical_volume": 53896100.8, "trend": 172.091942, "fair_value": 95.173343, "relative_strength": 8.794097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.809395, "energy": 29.83408, "activity_lines": [ 203.57041, 207.854075, 193.54203, 182.961953 ] }, { "date": "2025-10-24", "close": 193.68071, "volume": 37845553, "typical_volume": 54584358.7, "trend": 173.083027, "fair_value": 95.988408, "relative_strength": 10.565902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.247948, "energy": 22.060995, "activity_lines": [ 198.741037, 205.37144, 194.905797, 184.354776 ] }, { "date": "2025-10-31", "close": 181.151367, "volume": 53753168, "typical_volume": 55855900.1, "trend": 173.706847, "fair_value": 96.728465, "relative_strength": 2.412078, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.931339, "energy": 21.275313, "activity_lines": [ 191.151548, 200.324669, 194.860276, 184.875314 ] }, { "date": "2025-11-07", "close": 173.064713, "volume": 34975086, "typical_volume": 56359323.35, "trend": 174.540388, "fair_value": 97.414535, "relative_strength": -3.929379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.084885, "energy": 19.674672, "activity_lines": [ 182.900488, 194.07207, 193.857655, 184.833886 ] }, { "date": "2025-11-14", "close": 166.385712, "volume": 31934723, "typical_volume": 55757119.5, "trend": 174.65379, "fair_value": 98.07106, "relative_strength": -8.117462, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.414265, "energy": 21.744651, "activity_lines": [ 175.897367, 187.929288, 192.071499, 184.307778 ] }, { "date": "2025-11-21", "close": 168.731842, "volume": 46141286, "typical_volume": 56326225.45, "trend": 175.190104, "fair_value": 98.658024, "relative_strength": -3.82218, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.091014, "energy": 30.028259, "activity_lines": [ 172.291976, 182.781955, 190.435527, 183.925717 ] }, { "date": "2025-11-28", "close": 182.65889, "volume": 61874872, "typical_volume": 57469188.35, "trend": 175.628514, "fair_value": 99.353849, "relative_strength": 1.745085, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.343131, "energy": 33.19971, "activity_lines": [ 174.31065, 181.013417, 190.036209, 184.407574 ] }, { "date": "2025-12-05", "close": 179.953339, "volume": 51225977, "typical_volume": 57475379.65, "trend": 176.123572, "fair_value": 99.977364, "relative_strength": -1.011843, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -0.737328, "energy": 29.120519, "activity_lines": [ 176.162261, 179.339629, 189.220089, 184.686595 ] }, { "date": "2025-12-12", "close": 185.194702, "volume": 56038395, "typical_volume": 57513630.8, "trend": 176.935202, "fair_value": 100.653684, "relative_strength": 1.361783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.030996, "energy": 13.29049, "activity_lines": [ 179.840862, 179.195322, 188.774374, 185.27183 ] }, { "date": "2025-12-19", "close": 172.815125, "volume": 31366330, "typical_volume": 57054436.65, "trend": 177.811466, "fair_value": 101.260694, "relative_strength": -5.884111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.467339, "energy": 9.60977, "activity_lines": [ 178.584271, 177.527165, 187.04128, 185.006018 ] }, { "date": "2025-12-26", "close": 176.269409, "volume": 25134778, "typical_volume": 56798753.8, "trend": 178.904297, "fair_value": 101.910254, "relative_strength": -6.18772, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.731979, "energy": 9.343961, "activity_lines": [ 178.050481, 177.083531, 185.574411, 184.906531 ] }, { "date": "2026-01-02", "close": 177.986588, "volume": 19734659, "typical_volume": 54782908.7, "trend": 179.893283, "fair_value": 102.581121, "relative_strength": -5.934851, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.380772, "energy": 12.418298, "activity_lines": [ 177.58658, 177.082805, 184.176668, 184.847324 ] }, { "date": "2026-01-09", "close": 187.131516, "volume": 50390039, "typical_volume": 53567119.3, "trend": 181.401216, "fair_value": 103.343716, "relative_strength": -4.95597, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.274157, "energy": 8.563835, "activity_lines": [ 180.482474, 179.030141, 183.64968, 185.314306 ] }, { "date": "2026-01-16", "close": 192.183182, "volume": 66016728, "typical_volume": 51875533.65, "trend": 183.070577, "fair_value": 104.140905, "relative_strength": -2.113808, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.320847, "energy": 11.680668, "activity_lines": [ 184.583712, 181.787231, 183.644593, 186.009917 ] }, { "date": "2026-01-23", "close": 191.18483, "volume": 54346819, "typical_volume": 49454230.0, "trend": 184.410013, "fair_value": 104.914256, "relative_strength": -3.35674, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.128195, "energy": 19.955981, "activity_lines": [ 187.886267, 184.015195, 183.800194, 186.533417 ] }, { "date": "2026-01-30", "close": 191.005127, "volume": 72946326, "typical_volume": 49182640.0, "trend": 185.780581, "fair_value": 105.682412, "relative_strength": -2.866738, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.994253, "energy": 24.414475, "activity_lines": [ 189.904275, 185.759592, 183.969582, 186.958908 ] }, { "date": "2026-02-06", "close": 178.675446, "volume": 30933565, "typical_volume": 46364560.7, "trend": 186.761704, "fair_value": 106.345247, "relative_strength": -7.509398, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.983656, "energy": 9.927906, "activity_lines": [ 186.830007, 184.85726, 183.08038, 186.500513 ] }, { "date": "2026-02-13", "close": 184.350006, "volume": 22483988, "typical_volume": 42875208.0, "trend": 187.809674, "fair_value": 107.010024, "relative_strength": -4.758665, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.970298, "energy": 8.702748, "activity_lines": [ 185.601336, 185.059093, 182.904233, 186.344919 ] }, { "date": "2026-02-27", "close": 179.970001, "volume": 19115840, "typical_volume": 42527910.25, "trend": 188.394115, "fair_value": 107.606414, "relative_strength": -8.432274, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.688144, "energy": 17.574358, "activity_lines": [ 183.098097, 184.384621, 182.440996, 185.839134 ] }, { "date": "2026-03-06", "close": 168.490005, "volume": 26375194, "typical_volume": 42359192.4, "trend": 188.689221, "fair_value": 108.155245, "relative_strength": -13.240977, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.273714, "energy": 40.304318, "activity_lines": [ 177.582404, 181.717873, 181.099706, 184.554998 ] }, { "date": "2026-03-13", "close": 167.210007, "volume": 26608928, "typical_volume": 40962112.7, "trend": 189.048152, "fair_value": 108.712614, "relative_strength": -13.052623, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.049503, "energy": 60.232381, "activity_lines": [ 173.153034, 178.897036, 179.813325, 183.169242 ] }, { "date": "2026-03-20", "close": 156.080002, "volume": 19380698, "typical_volume": 40038869.95, "trend": 188.319263, "fair_value": 109.176081, "relative_strength": -15.721039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.564288, "energy": 76.000465, "activity_lines": [ 166.600004, 174.217278, 177.544313, 181.042265 ] }, { "date": "2026-03-27", "close": 151.830002, "volume": 24995577, "typical_volume": 38600990.4, "trend": 186.857017, "fair_value": 109.671506, "relative_strength": -16.813102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.816948, "energy": 82.457253, "activity_lines": [ 160.13667, 169.163094, 175.04959, 178.688119 ] }, { "date": "2026-04-03", "close": 149.139999, "volume": 21536975, "typical_volume": 37929084.85, "trend": 183.631862, "fair_value": 110.096867, "relative_strength": -17.22091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.010541, "energy": 84.007252, "activity_lines": [ 154.944669, 164.261665, 172.438302, 176.254763 ] }, { "date": "2026-04-10", "close": 170.020004, "volume": 32209498, "typical_volume": 37942823.6, "trend": 182.710058, "fair_value": 110.581141, "relative_strength": -7.917035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.918335, "energy": 64.073404, "activity_lines": [ 158.768002, 163.939203, 171.929514, 175.376578 ] }, { "date": "2026-04-17", "close": 170.929993, "volume": 35086201, "typical_volume": 37390069.35, "trend": 181.231222, "fair_value": 111.10802, "relative_strength": -8.780249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.849684, "energy": 41.246126, "activity_lines": [ 162.792666, 164.167009, 171.490084, 174.616574 ] }, { "date": "2026-04-24", "close": 178.649994, "volume": 42992422, "typical_volume": 36445946.85, "trend": 180.022032, "fair_value": 111.610463, "relative_strength": -5.090865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.388151, "energy": 16.635599, "activity_lines": [ 169.142664, 166.163454, 171.775426, 174.450043 ] }, { "date": "2026-05-01", "close": 182.899994, "volume": 39093735, "typical_volume": 35839334.75, "trend": 179.06333, "fair_value": 112.177174, "relative_strength": -3.521014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.948682, "energy": 20.297113, "activity_lines": [ 175.404662, 168.933089, 172.484619, 174.635718 ] }, { "date": "2026-05-08", "close": 178.300003, "volume": 33542670, "typical_volume": 34714548.5, "trend": 177.500704, "fair_value": 112.805507, "relative_strength": -7.122747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 2.261893, "energy": 20.395311, "activity_lines": [ 178.061998, 170.892726, 172.741686, 174.586471 ] }, { "date": "2026-05-15", "close": 172.960007, "volume": 51393818, "typical_volume": 35715922.9, "trend": 176.412003, "fair_value": 113.451039, "relative_strength": -8.643612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 2.615473, "energy": 17.232654, "activity_lines": [ 176.995334, 171.911818, 172.523015, 174.293523 ] }, { "date": "2026-05-22", "close": 195.240005, "volume": 93627589, "typical_volume": 39140563.45, "trend": 176.804751, "fair_value": 114.257082, "relative_strength": 3.70128, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 35.872467, "energy": 31.60836, "activity_lines": [ 183.159336, 176.900546, 174.425557, 175.508233 ] }, { "date": "2026-05-29", "close": 175.669998, "volume": 98994885, "typical_volume": 43103574.75, "trend": 176.204394, "fair_value": 114.924155, "relative_strength": -5.653521, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 13.883482, "energy": 16.22452, "activity_lines": [ 181.179335, 177.821455, 174.373954, 175.435023 ] }, { "date": "2026-06-05", "close": 173.229996, "volume": 12177500, "typical_volume": 41192947.8, "trend": 175.940348, "fair_value": 115.500022, "relative_strength": -6.026532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.409085, "energy": 9.482985, "activity_lines": [ 178.584667, 177.942545, 174.101, 175.243126 ] }, { "date": "2026-06-12", "close": 160.509995, "volume": 8324033, "typical_volume": 38308313.05, "trend": 175.521857, "fair_value": 116.010588, "relative_strength": -12.862062, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.781809, "energy": 17.081865, "activity_lines": [ 172.394665, 175.361817, 172.682816, 174.24762 ] }, { "date": "2026-06-19", "close": 180.660004, "volume": 42554112, "typical_volume": 37718677.7, "trend": 175.997667, "fair_value": 116.621889, "relative_strength": -3.424184, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.951986, "energy": 8.065202, "activity_lines": [ 174.107333, 176.238, 173.334505, 174.579113 ] }, { "date": "2026-06-26", "close": 182.0, "volume": 13183802, "typical_volume": 34730551.5, "trend": 176.439939, "fair_value": 117.302561, "relative_strength": -1.300953, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.280514, "energy": 4.682336, "activity_lines": [ 175.753333, 177.164364, 174.163931, 174.96636 ] }, { "date": "2026-07-03", "close": 180.029999, "volume": 11826553, "typical_volume": 33775200.9, "trend": 176.352309, "fair_value": 117.959169, "relative_strength": -2.782027, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.268016, "energy": 4.274474, "activity_lines": [ 177.625333, 177.531273, 174.848619, 175.197977 ] }, { "date": "2026-07-10", "close": 208.800003, "volume": 142380727, "typical_volume": 39770037.85, "trend": 177.313865, "fair_value": 118.81549, "relative_strength": 13.660215, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.114363, "energy": 47.38612, "activity_lines": [ 188.796668, 183.104, 178.266857, 177.291377 ] }, { "date": "2026-07-17", "close": 202.0, "volume": 131771026, "typical_volume": 45402797.15, "trend": 177.874041, "fair_value": 119.650082, "relative_strength": 16.194197, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.051643, "energy": 60.745405, "activity_lines": [ 195.330001, 186.969455, 180.921048, 178.884031 ] }, { "date": "2026-07-24", "close": 221.800003, "volume": 176251199, "typical_volume": 52896597.4, "trend": 179.506871, "fair_value": 120.613618, "relative_strength": 25.133857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.405293, "energy": 72.232072, "activity_lines": [ 205.697335, 194.004001, 185.356048, 181.717964 ] }, { "date": "2026-07-31", "close": 188.0, "volume": 124610117, "typical_volume": 57796656.85, "trend": 179.89789, "fair_value": 121.339259, "relative_strength": 5.396622, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.243732, "energy": 59.4292, "activity_lines": [ 202.055334, 194.005092, 186.318143, 182.265908 ] }, { "date": "2026-08-07", "close": 205.320007, "volume": 96577870, "typical_volume": 61656515.45, "trend": 180.809004, "fair_value": 122.165754, "relative_strength": 11.62274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.027082, "energy": 44.299753, "activity_lines": [ 203.78667, 197.286911, 188.830763, 183.906044 ] } ], "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." } } }