{ "ticker": { "uuid": "a0deffef-2964-468b-9083-e5db800303b3", "symbol": "2423", "name": "Good Will Instrument 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 48.967, "architecture_energy": 31.993, "architecture_maturity": 54.689, "architecture_confidence": 69.263, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 23.88, "rotation_up": 40.87, "upward_expansion": 63.56, "deceleration": 80.81, "rotation_down": 26.47, "downward_expansion": 20.22 }, "activity_lines": [ 75.58, 75.667329, 73.276525, 68.025765 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 77.0, "trend_reference": 61.498698, "distance_from_trend": 0.252059, "trend_direction": "Improving", "fair_value": 44.006764, "distance_from_fair_value": 0.749731, "fair_value_direction": "Weakening", "relative_strength": -3.058463, "relative_strength_direction": "Improving", "price_momentum": 0.72979, "excess_performance": 0.288418, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.252059, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.143658, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.749731, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008936, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030585, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.000408, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.72979, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.908508, "read": "Supply-led" } ], "volume": { "latest": 1057130, "relative_activity": 0.709683, "balance": 0.908508, "dry_up": 0.753729, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.103631, "annualized_volatility": 0.368522, "from_high_reference": -0.12, "from_low_reference": 0.780154 }, "levels": { "trend_reference": 61.498698, "fair_value_reference": 44.006764, "structural_low": 43.254688, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.015873, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": 0.020565, "regime_survival": 0.538462, "best_return": 0.058027, "worst_return": -0.039356, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.003244, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.005922, "regime_survival": 0.166667, "best_return": 0.105263, "worst_return": -0.088975, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.106293, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.103191, "regime_survival": 0.0, "best_return": 0.444874, "worst_return": -0.023071, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.203827, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.175749, "regime_survival": 0.333333, "best_return": 0.444327, "worst_return": 0.070265, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.015945, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2024-12-13", "tenure": "New", "return": -0.003517, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-24", "tenure": "Developing", "return": 0.061125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-25", "tenure": "Developing", "return": -0.059603, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-07-11", "tenure": "Developing", "return": 0.130245, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-07", "tenure": "Established", "return": 0.15708, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-26", "tenure": "Developing", "return": 0.090909, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": -0.00722, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": -0.070779, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": 0.048832, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-05-01", "tenure": "Developing", "return": 0.188017, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": 0.114155, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.057132, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-14", "end": "2026-08-14", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 28.922142, "volume": 2385833, "typical_volume": 3158684.55, "trend": 28.166757, "fair_value": 21.661494, "relative_strength": 4.975354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.620946, "energy": 18.020533, "activity_lines": [ 30.057375, 30.801447, 30.730444, 29.770483 ] }, { "date": "2023-08-18", "close": 28.878254, "volume": 1608118, "typical_volume": 3188655.3, "trend": 28.361959, "fair_value": 21.736387, "relative_strength": 5.827963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.176547, "energy": 18.079747, "activity_lines": [ 29.539498, 30.365021, 30.607546, 29.816386 ] }, { "date": "2023-08-25", "close": 29.712122, "volume": 1538154, "typical_volume": 3204186.65, "trend": 28.573854, "fair_value": 21.817347, "relative_strength": 7.756725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.253781, "energy": 19.378893, "activity_lines": [ 29.463425, 30.133448, 30.553426, 29.903494 ] }, { "date": "2023-09-01", "close": 29.7999, "volume": 1412074, "typical_volume": 3126093.7, "trend": 28.784512, "fair_value": 21.901758, "relative_strength": 6.586929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.642975, "energy": 18.228059, "activity_lines": [ 29.498536, 29.963482, 30.499796, 29.982594 ] }, { "date": "2023-09-08", "close": 30.984873, "volume": 2142569, "typical_volume": 3086763.8, "trend": 29.044384, "fair_value": 21.995209, "relative_strength": 10.793653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.225933, "energy": 12.150504, "activity_lines": [ 29.995932, 30.062429, 30.551725, 30.124552 ] }, { "date": "2023-09-15", "close": 30.41433, "volume": 1064070, "typical_volume": 2438868.0, "trend": 29.275523, "fair_value": 22.081633, "relative_strength": 6.127117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.893929, "energy": 14.546279, "activity_lines": [ 30.247556, 30.064025, 30.53836, 30.212936 ] }, { "date": "2023-09-22", "close": 30.897097, "volume": 2557914, "typical_volume": 2433911.2, "trend": 29.496388, "fair_value": 22.171633, "relative_strength": 11.108285, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.431925, "energy": 21.017075, "activity_lines": [ 30.560623, 30.191699, 30.566897, 30.317554 ] }, { "date": "2023-09-29", "close": 31.599304, "volume": 1742179, "typical_volume": 2292364.7, "trend": 29.730946, "fair_value": 22.267097, "relative_strength": 13.03688, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.869045, "energy": 30.161571, "activity_lines": [ 30.97317, 30.455026, 30.654945, 30.453226 ] }, { "date": "2023-10-06", "close": 31.292091, "volume": 2212428, "typical_volume": 2275992.25, "trend": 29.9511, "fair_value": 22.359388, "relative_strength": 10.37323, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.510061, "energy": 30.721174, "activity_lines": [ 31.1575, 30.650527, 30.701636, 30.553945 ] }, { "date": "2023-10-13", "close": 30.721544, "volume": 1278150, "typical_volume": 2257073.9, "trend": 30.139747, "fair_value": 22.45091, "relative_strength": 6.305392, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.845583, "energy": 29.715894, "activity_lines": [ 31.052168, 30.733515, 30.683157, 30.603651 ] }, { "date": "2023-10-20", "close": 30.019341, "volume": 1602592, "typical_volume": 2031343.85, "trend": 30.256416, "fair_value": 22.536728, "relative_strength": 5.74787, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.380462, "energy": 14.041064, "activity_lines": [ 30.730324, 30.678456, 30.593253, 30.595883 ] }, { "date": "2023-10-27", "close": 30.41433, "volume": 1323421, "typical_volume": 1883043.45, "trend": 30.382089, "fair_value": 22.625318, "relative_strength": 8.882721, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.317272, "energy": 7.47133, "activity_lines": [ 30.566475, 30.675264, 30.551262, 30.606071 ] }, { "date": "2023-11-03", "close": 30.984873, "volume": 1667710, "typical_volume": 1797792.45, "trend": 30.479598, "fair_value": 22.718287, "relative_strength": 8.142558, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.984465, "energy": 11.522195, "activity_lines": [ 30.624992, 30.747879, 30.570237, 30.64496 ] }, { "date": "2023-11-10", "close": 30.80932, "volume": 1277753, "typical_volume": 1796779.9, "trend": 30.564316, "fair_value": 22.80965, "relative_strength": 6.259257, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.28725, "energy": 10.478792, "activity_lines": [ 30.665954, 30.765434, 30.578387, 30.666232 ] }, { "date": "2023-11-17", "close": 31.42375, "volume": 1334395, "typical_volume": 1758649.5, "trend": 30.655638, "fair_value": 22.902785, "relative_strength": 4.835101, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.328923, "energy": 18.722909, "activity_lines": [ 30.94391, 30.87635, 30.654251, 30.72168 ] }, { "date": "2023-11-24", "close": 31.555416, "volume": 1481497, "typical_volume": 1682191.0, "trend": 30.722207, "fair_value": 22.996524, "relative_strength": 4.498561, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.432141, "energy": 37.695568, "activity_lines": [ 31.218941, 31.003226, 30.742235, 30.77973 ] }, { "date": "2023-12-01", "close": 32.608727, "volume": 1797309, "typical_volume": 1649449.4, "trend": 30.830825, "fair_value": 23.09533, "relative_strength": 6.632725, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.434706, "energy": 59.882784, "activity_lines": [ 31.742671, 31.300866, 30.935133, 30.901441 ] }, { "date": "2023-12-08", "close": 33.925365, "volume": 2224216, "typical_volume": 1666795.55, "trend": 30.993045, "fair_value": 23.20065, "relative_strength": 10.735454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.742314, "energy": 79.182685, "activity_lines": [ 32.558987, 31.806774, 31.247365, 31.101088 ] }, { "date": "2023-12-15", "close": 33.530373, "volume": 2561911, "typical_volume": 1718196.2, "trend": 31.143486, "fair_value": 23.301033, "relative_strength": 7.220031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.172412, "energy": 79.563367, "activity_lines": [ 33.047606, 32.198574, 31.507766, 31.264787 ] }, { "date": "2023-12-22", "close": 32.345394, "volume": 1587599, "typical_volume": 1739994.6, "trend": 31.229449, "fair_value": 23.394541, "relative_strength": 3.563965, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.145593, "energy": 73.711283, "activity_lines": [ 32.959828, 32.334226, 31.642356, 31.342329 ] }, { "date": "2023-12-29", "close": 33.310932, "volume": 1360140, "typical_volume": 1688709.95, "trend": 31.26711, "fair_value": 23.494479, "relative_strength": 4.344972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.243706, "energy": 72.235994, "activity_lines": [ 33.132454, 32.615907, 31.858451, 31.476619 ] }, { "date": "2024-01-05", "close": 33.135384, "volume": 1300150, "typical_volume": 1673311.55, "trend": 31.311407, "fair_value": 23.592329, "relative_strength": 5.923125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.541407, "energy": 48.285361, "activity_lines": [ 33.129529, 32.805823, 32.036929, 31.597153 ] }, { "date": "2024-01-12", "close": 36.6903, "volume": 17856908, "typical_volume": 2489249.25, "trend": 31.460326, "fair_value": 23.712485, "relative_strength": 16.720096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.488856, "energy": 58.044365, "activity_lines": [ 34.276466, 33.592613, 32.533698, 31.944178 ] }, { "date": "2024-01-19", "close": 35.944206, "volume": 7248767, "typical_volume": 2781083.9, "trend": 31.567119, "fair_value": 23.827138, "relative_strength": 12.676414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.665456, "energy": 64.36644, "activity_lines": [ 34.990376, 34.140015, 32.926182, 32.23346 ] }, { "date": "2024-01-26", "close": 35.812542, "volume": 3609080, "typical_volume": 2854409.45, "trend": 31.716338, "fair_value": 23.940224, "relative_strength": 9.809055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.377562, "energy": 65.347487, "activity_lines": [ 35.499476, 34.570116, 33.276867, 32.507359 ] }, { "date": "2024-02-02", "close": 35.505329, "volume": 2994529, "typical_volume": 2950932.4, "trend": 31.815818, "fair_value": 24.050859, "relative_strength": 7.947703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.570574, "energy": 65.137036, "activity_lines": [ 35.675028, 34.864564, 33.575305, 32.75181 ] }, { "date": "2024-02-09", "close": 35.549221, "volume": 323552, "typical_volume": 2839214.3, "trend": 31.956259, "fair_value": 24.167311, "relative_strength": 7.325017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.401052, "energy": 51.630945, "activity_lines": [ 35.718917, 35.095176, 33.85368, 32.992674 ] }, { "date": "2024-02-16", "close": 33.486485, "volume": 2023000, "typical_volume": 2853255.35, "trend": 32.041109, "fair_value": 24.271022, "relative_strength": -1.971128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.927883, "energy": 35.196282, "activity_lines": [ 34.914306, 34.897282, 33.913451, 33.091399 ] }, { "date": "2024-02-23", "close": 34.715347, "volume": 1976027, "typical_volume": 2841435.3, "trend": 32.17131, "fair_value": 24.379722, "relative_strength": -0.175394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.817351, "energy": 24.513008, "activity_lines": [ 34.732903, 34.930796, 34.08127, 33.26393 ] }, { "date": "2024-03-01", "close": 36.734188, "volume": 2660702, "typical_volume": 2910562.9, "trend": 32.390749, "fair_value": 24.501123, "relative_strength": 4.967527, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.05843, "energy": 31.604087, "activity_lines": [ 35.30637, 35.309828, 34.425059, 33.558309 ] }, { "date": "2024-03-08", "close": 35.768654, "volume": 3300746, "typical_volume": 2995470.6, "trend": 32.618966, "fair_value": 24.615371, "relative_strength": -2.400503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.126096, "energy": 29.785715, "activity_lines": [ 35.49655, 35.433512, 34.64826, 33.776239 ] }, { "date": "2024-03-15", "close": 35.63699, "volume": 2019660, "typical_volume": 3030282.55, "trend": 32.844258, "fair_value": 24.729017, "relative_strength": -2.44297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.373609, "energy": 33.783445, "activity_lines": [ 35.625287, 35.488571, 34.831544, 33.97095 ] }, { "date": "2024-03-22", "close": 36.031982, "volume": 1556325, "typical_volume": 3024713.3, "trend": 33.05492, "fair_value": 24.844953, "relative_strength": -4.137894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.039715, "energy": 37.201879, "activity_lines": [ 35.879837, 35.569963, 35.027577, 34.17661 ] }, { "date": "2024-03-29", "close": 36.075867, "volume": 1033760, "typical_volume": 3012513.65, "trend": 33.264119, "fair_value": 24.959005, "relative_strength": -4.430809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.083359, "energy": 33.833415, "activity_lines": [ 35.979315, 35.671303, 35.203755, 34.371509 ] }, { "date": "2024-04-05", "close": 36.470863, "volume": 917467, "typical_volume": 2991667.25, "trend": 33.446985, "fair_value": 25.07583, "relative_strength": -3.610775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.85829, "energy": 34.834655, "activity_lines": [ 36.119758, 35.842067, 35.392473, 34.578396 ] }, { "date": "2024-04-12", "close": 36.470863, "volume": 1616037, "typical_volume": 2998394.25, "trend": 33.648869, "fair_value": 25.191211, "relative_strength": -5.449865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.216463, "energy": 45.307954, "activity_lines": [ 36.277755, 36.000862, 35.557157, 34.773485 ] }, { "date": "2024-04-19", "close": 35.593105, "volume": 1808199, "typical_volume": 2998938.75, "trend": 33.805403, "fair_value": 25.29904, "relative_strength": -1.994405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.320482, "energy": 33.81303, "activity_lines": [ 36.096352, 35.982509, 35.614839, 34.89892 ] }, { "date": "2024-04-26", "close": 39.894123, "volume": 5596461, "typical_volume": 3167551.0, "trend": 34.081897, "fair_value": 25.433717, "relative_strength": 6.514691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.676065, "energy": 64.539694, "activity_lines": [ 37.351548, 36.745361, 36.067929, 35.29174 ] }, { "date": "2024-05-03", "close": 40.684101, "volume": 6378696, "typical_volume": 3358390.25, "trend": 34.394964, "fair_value": 25.573699, "relative_strength": 7.366587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.40444, "energy": 76.681645, "activity_lines": [ 38.612593, 37.535344, 36.567834, 35.717689 ] }, { "date": "2024-05-10", "close": 37.041409, "volume": 4390076, "typical_volume": 3498514.1, "trend": 34.605626, "fair_value": 25.688405, "relative_strength": -3.948313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.489025, "energy": 50.806803, "activity_lines": [ 38.352193, 37.554496, 36.686749, 35.888427 ] }, { "date": "2024-05-17", "close": 36.295311, "volume": 3197163, "typical_volume": 3590365.25, "trend": 34.814825, "fair_value": 25.800735, "relative_strength": -8.234286, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.111161, "energy": 41.076401, "activity_lines": [ 37.805056, 37.432407, 36.712246, 35.997439 ] }, { "date": "2024-05-24", "close": 37.304737, "volume": 2327778, "typical_volume": 3641746.65, "trend": 35.044505, "fair_value": 25.926756, "relative_strength": -6.95345, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.744552, "energy": 30.758348, "activity_lines": [ 37.606099, 37.484276, 36.819667, 36.158079 ] }, { "date": "2024-05-31", "close": 37.041409, "volume": 2252038, "typical_volume": 2861503.15, "trend": 35.24639, "fair_value": 26.050367, "relative_strength": -5.731223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.243894, "energy": 18.400263, "activity_lines": [ 37.205256, 37.457944, 36.882156, 36.286911 ] }, { "date": "2024-06-07", "close": 37.041409, "volume": 1811265, "typical_volume": 2589628.05, "trend": 35.454126, "fair_value": 26.172534, "relative_strength": -8.50265, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.374934, "energy": 17.54982, "activity_lines": [ 36.994595, 37.413258, 36.942972, 36.402719 ] }, { "date": "2024-06-14", "close": 37.787498, "volume": 1272837, "typical_volume": 2472815.9, "trend": 35.666251, "fair_value": 26.298761, "relative_strength": -9.166268, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.840784, "energy": 18.117363, "activity_lines": [ 37.275476, 37.48667, 37.06962, 36.553259 ] }, { "date": "2024-06-21", "close": 38.060261, "volume": 2710898, "typical_volume": 2458634.35, "trend": 35.883079, "fair_value": 26.426255, "relative_strength": -11.210054, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.22045, "energy": 24.580593, "activity_lines": [ 37.597539, 37.585736, 37.212841, 36.707711 ] }, { "date": "2024-06-28", "close": 38.476471, "volume": 1117141, "typical_volume": 2498313.8, "trend": 36.078671, "fair_value": 26.555455, "relative_strength": -9.204921, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.370462, "energy": 30.065077, "activity_lines": [ 37.940675, 37.731579, 37.383534, 36.875027 ] }, { "date": "2024-07-05", "close": 38.707699, "volume": 1878593, "typical_volume": 2491093.45, "trend": 36.238082, "fair_value": 26.687341, "relative_strength": -10.403636, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.1061, "energy": 37.353077, "activity_lines": [ 38.282771, 37.867038, 37.56231, 37.044642 ] }, { "date": "2024-07-12", "close": 38.661453, "volume": 1529923, "typical_volume": 2468788.25, "trend": 36.409118, "fair_value": 26.818208, "relative_strength": -11.676925, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.130741, "energy": 40.588058, "activity_lines": [ 38.498366, 38.01566, 37.711818, 37.200988 ] }, { "date": "2024-07-19", "close": 38.106506, "volume": 1300858, "typical_volume": 2400796.05, "trend": 36.601155, "fair_value": 26.942629, "relative_strength": -8.8124, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.135436, "energy": 35.304007, "activity_lines": [ 38.420976, 38.100159, 37.789683, 37.310497 ] }, { "date": "2024-07-26", "close": 37.089096, "volume": 725080, "typical_volume": 2272012.75, "trend": 36.727094, "fair_value": 27.059326, "relative_strength": -8.13612, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.968789, "energy": 22.657362, "activity_lines": [ 37.983182, 37.980308, 37.764118, 37.341977 ] }, { "date": "2024-08-02", "close": 37.274082, "volume": 1288384, "typical_volume": 2235448.95, "trend": 36.86505, "fair_value": 27.174982, "relative_strength": -5.558067, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.930197, "energy": 13.051811, "activity_lines": [ 37.671794, 37.879658, 37.749882, 37.377267 ] }, { "date": "2024-08-09", "close": 33.944389, "volume": 2178334, "typical_volume": 2266549.4, "trend": 36.77352, "fair_value": 27.267526, "relative_strength": -13.169722, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -37.660625, "energy": 34.64689, "activity_lines": [ 36.330668, 37.174168, 37.410737, 37.188837 ] }, { "date": "2024-08-16", "close": 34.961792, "volume": 1162017, "typical_volume": 2272962.25, "trend": 36.740773, "fair_value": 27.364319, "relative_strength": -13.909387, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.123003, "energy": 51.552163, "activity_lines": [ 35.646231, 36.709969, 37.178428, 37.071951 ] }, { "date": "2024-08-23", "close": 35.100533, "volume": 873952, "typical_volume": 2270786.5, "trend": 36.717039, "fair_value": 27.468568, "relative_strength": -12.61942, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.614362, "energy": 60.123454, "activity_lines": [ 35.254684, 36.308807, 36.964638, 36.966129 ] }, { "date": "2024-08-30", "close": 35.886707, "volume": 1366301, "typical_volume": 2258299.7, "trend": 36.729752, "fair_value": 27.576594, "relative_strength": -10.934872, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.229921, "energy": 58.527589, "activity_lines": [ 35.325594, 36.099439, 36.832247, 36.91256 ] }, { "date": "2024-09-06", "close": 34.406845, "volume": 1129448, "typical_volume": 2224362.15, "trend": 36.691672, "fair_value": 27.671345, "relative_strength": -11.039891, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.367334, "energy": 54.741177, "activity_lines": [ 34.983375, 35.660525, 36.561699, 36.762695 ] }, { "date": "2024-09-13", "close": 35.146778, "volume": 899423, "typical_volume": 1989510.25, "trend": 36.747016, "fair_value": 27.765281, "relative_strength": -10.307607, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.855407, "energy": 41.995764, "activity_lines": [ 35.07895, 35.430137, 36.367269, 36.663024 ] }, { "date": "2024-09-20", "close": 36.580395, "volume": 1148460, "typical_volume": 1727998.45, "trend": 36.809184, "fair_value": 27.86866, "relative_strength": -8.098085, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -42.371662, "energy": 26.579067, "activity_lines": [ 35.572238, 35.525151, 36.33198, 36.652274 ] }, { "date": "2024-09-27", "close": 36.21043, "volume": 1359085, "typical_volume": 1576448.9, "trend": 36.791725, "fair_value": 27.966888, "relative_strength": -11.343696, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -38.431757, "energy": 22.350498, "activity_lines": [ 35.834297, 35.590736, 36.280999, 36.613645 ] }, { "date": "2024-10-04", "close": 36.534149, "volume": 817781, "typical_volume": 1457479.8, "trend": 36.817242, "fair_value": 28.064917, "relative_strength": -8.212724, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -31.703525, "energy": 18.960134, "activity_lines": [ 36.13027, 35.749653, 36.264804, 36.597027 ] }, { "date": "2024-10-11", "close": 35.932953, "volume": 859024, "typical_volume": 1384042.1, "trend": 36.827107, "fair_value": 28.164145, "relative_strength": -11.835617, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.647504, "energy": 19.198046, "activity_lines": [ 36.182681, 35.809352, 36.190216, 36.539976 ] }, { "date": "2024-10-18", "close": 36.349163, "volume": 1061737, "typical_volume": 1324527.05, "trend": 36.83768, "fair_value": 28.262252, "relative_strength": -12.775844, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.495158, "energy": 15.980308, "activity_lines": [ 36.272089, 35.96911, 36.161799, 36.509141 ] }, { "date": "2024-10-25", "close": 39.63261, "volume": 3006265, "typical_volume": 1384277.05, "trend": 36.956238, "fair_value": 28.384438, "relative_strength": -4.136461, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.849516, "energy": 26.396751, "activity_lines": [ 37.375819, 36.682134, 36.449387, 36.689459 ] }, { "date": "2024-11-01", "close": 40.187565, "volume": 1651408, "typical_volume": 1403205.6, "trend": 37.080128, "fair_value": 28.513213, "relative_strength": -0.246563, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.495928, "energy": 51.712173, "activity_lines": [ 38.461054, 37.411136, 36.777489, 36.897932 ] }, { "date": "2024-11-08", "close": 40.603779, "volume": 1673871, "typical_volume": 1351354.25, "trend": 37.217892, "fair_value": 28.638846, "relative_strength": -2.394095, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.726656, "energy": 72.083047, "activity_lines": [ 39.419884, 38.123321, 37.133802, 37.125264 ] }, { "date": "2024-11-15", "close": 39.586365, "volume": 1010811, "typical_volume": 1346037.75, "trend": 37.351001, "fair_value": 28.729916, "relative_strength": -1.354202, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.264186, "energy": 68.112254, "activity_lines": [ 39.768268, 38.564757, 37.381107, 37.278069 ] }, { "date": "2024-11-22", "close": 39.956337, "volume": 963997, "typical_volume": 1300307.95, "trend": 37.353074, "fair_value": 28.83422, "relative_strength": -1.04735, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.142308, "energy": 73.843533, "activity_lines": [ 39.996415, 38.979288, 37.658361, 37.446155 ] }, { "date": "2024-11-29", "close": 39.447636, "volume": 928358, "typical_volume": 1270229.7, "trend": 37.311859, "fair_value": 28.939558, "relative_strength": 0.616867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.727347, "energy": 58.895505, "activity_lines": [ 39.814516, 39.213881, 37.881222, 37.581288 ] }, { "date": "2024-12-06", "close": 39.863842, "volume": 1206039, "typical_volume": 1265488.75, "trend": 37.40594, "fair_value": 29.054637, "relative_strength": -2.153299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.819383, "energy": 43.143616, "activity_lines": [ 39.783685, 39.472016, 38.139978, 37.745932 ] }, { "date": "2024-12-13", "close": 39.308895, "volume": 1033790, "typical_volume": 1280924.25, "trend": 37.506393, "fair_value": 29.164138, "relative_strength": -2.58902, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.064158, "energy": 36.582596, "activity_lines": [ 39.589453, 39.562826, 38.337513, 37.868704 ] }, { "date": "2024-12-20", "close": 37.829033, "volume": 996648, "typical_volume": 1266337.45, "trend": 37.523869, "fair_value": 29.266173, "relative_strength": -3.965326, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.752671, "energy": 21.407487, "activity_lines": [ 38.988259, 39.33412, 38.383539, 37.889519 ] }, { "date": "2024-12-27", "close": 38.291489, "volume": 822445, "typical_volume": 1198543.0, "trend": 37.565539, "fair_value": 29.370415, "relative_strength": -5.767875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.868428, "energy": 18.435574, "activity_lines": [ 38.658372, 39.155023, 38.470966, 37.939043 ] }, { "date": "2025-01-03", "close": 39.077663, "volume": 657030, "typical_volume": 1173293.65, "trend": 37.633414, "fair_value": 29.476413, "relative_strength": -2.090829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.837824, "energy": 18.526395, "activity_lines": [ 38.701533, 39.083552, 38.612566, 38.036599 ] }, { "date": "2025-01-10", "close": 38.476471, "volume": 871289, "typical_volume": 1173160.5, "trend": 37.65638, "fair_value": 29.577294, "relative_strength": -3.580743, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.233697, "energy": 18.065885, "activity_lines": [ 38.568962, 38.912863, 38.67731, 38.09099 ] }, { "date": "2025-01-17", "close": 39.67886, "volume": 756967, "typical_volume": 1142693.8, "trend": 37.710333, "fair_value": 29.693713, "relative_strength": -0.802146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.530176, "energy": 18.664699, "activity_lines": [ 38.929679, 38.991901, 38.840491, 38.221473 ] }, { "date": "2025-01-24", "close": 40.141319, "volume": 581682, "typical_volume": 1115305.5, "trend": 37.765828, "fair_value": 29.815371, "relative_strength": -0.942688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.984529, "energy": 32.067435, "activity_lines": [ 39.419884, 39.171839, 39.029658, 38.378311 ] }, { "date": "2025-02-07", "close": 41.898655, "volume": 2038102, "typical_volume": 1172239.45, "trend": 37.872193, "fair_value": 29.947536, "relative_strength": 3.811754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.98369, "energy": 58.579113, "activity_lines": [ 40.341716, 39.661203, 39.358884, 38.644945 ] }, { "date": "2025-02-14", "close": 40.557529, "volume": 1170272, "typical_volume": 1173330.05, "trend": 37.935396, "fair_value": 30.073125, "relative_strength": 2.145398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.552443, "energy": 57.377444, "activity_lines": [ 40.576028, 39.871411, 39.528231, 38.818192 ] }, { "date": "2025-02-21", "close": 41.251213, "volume": 496173, "typical_volume": 1130184.45, "trend": 38.040219, "fair_value": 30.199371, "relative_strength": 1.433251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.438677, "energy": 64.604109, "activity_lines": [ 40.94291, 40.187563, 39.744705, 39.032116 ] }, { "date": "2025-02-28", "close": 41.019985, "volume": 281269, "typical_volume": 1103358.85, "trend": 38.171249, "fair_value": 30.324893, "relative_strength": 3.895247, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.105202, "energy": 61.625856, "activity_lines": [ 41.047733, 40.436449, 39.915154, 39.224359 ] }, { "date": "2025-03-07", "close": 40.927498, "volume": 442002, "typical_volume": 1082507.75, "trend": 38.293029, "fair_value": 30.45058, "relative_strength": 6.002929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.991466, "energy": 45.008258, "activity_lines": [ 41.032319, 40.637408, 40.055433, 39.402181 ] }, { "date": "2025-03-14", "close": 41.57494, "volume": 603809, "typical_volume": 1059611.35, "trend": 38.547381, "fair_value": 30.574354, "relative_strength": 10.554847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.788539, "energy": 45.533345, "activity_lines": [ 41.180307, 40.899748, 40.233589, 39.613918 ] }, { "date": "2025-03-21", "close": 42.82357, "volume": 1046025, "typical_volume": 961599.35, "trend": 38.80944, "fair_value": 30.708153, "relative_strength": 12.490588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.045206, "energy": 51.450323, "activity_lines": [ 41.766086, 41.329413, 40.505779, 39.889801 ] }, { "date": "2025-03-28", "close": 41.667427, "volume": 996205, "typical_volume": 928839.2, "trend": 39.028337, "fair_value": 30.832015, "relative_strength": 12.339071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.705151, "energy": 41.852609, "activity_lines": [ 41.815414, 41.480763, 40.652664, 40.074187 ] }, { "date": "2025-04-04", "close": 42.546097, "volume": 632012, "typical_volume": 876746.25, "trend": 39.250316, "fair_value": 30.961256, "relative_strength": 16.062922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.353488, "energy": 44.543929, "activity_lines": [ 42.129885, 41.733853, 40.876185, 40.301139 ] }, { "date": "2025-04-11", "close": 39.355141, "volume": 2252974, "typical_volume": 938854.4, "trend": 39.41526, "fair_value": 31.06777, "relative_strength": 16.795995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.46031, "energy": 19.967225, "activity_lines": [ 41.278964, 41.354638, 40.786556, 40.307902 ] }, { "date": "2025-04-18", "close": 41.806164, "volume": 1112033, "typical_volume": 946256.2, "trend": 39.637239, "fair_value": 31.193279, "relative_strength": 24.375572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.777283, "energy": 20.010115, "activity_lines": [ 41.349873, 41.435358, 40.931459, 40.462154 ] }, { "date": "2025-04-25", "close": 39.401386, "volume": 815144, "typical_volume": 940595.5, "trend": 39.731272, "fair_value": 31.300341, "relative_strength": 14.200792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.46962, "energy": 11.878389, "activity_lines": [ 40.603775, 41.080527, 40.838528, 40.446938 ] }, { "date": "2025-05-02", "close": 39.170155, "volume": 536145, "typical_volume": 907100.8, "trend": 39.82993, "fair_value": 31.402637, "relative_strength": 8.652357, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.860826, "energy": 12.679095, "activity_lines": [ 40.008746, 40.704675, 40.723794, 40.410737 ] }, { "date": "2025-05-09", "close": 39.447636, "volume": 661053, "typical_volume": 888463.95, "trend": 39.927046, "fair_value": 31.508985, "relative_strength": 8.894475, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.065469, "energy": 15.559121, "activity_lines": [ 39.672695, 40.417111, 40.63879, 40.386072 ] }, { "date": "2025-05-16", "close": 39.355141, "volume": 690931, "typical_volume": 873178.1, "trend": 40.041119, "fair_value": 31.612719, "relative_strength": 4.005515, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.797311, "energy": 22.135267, "activity_lines": [ 39.512377, 40.141318, 40.544317, 40.349175 ] }, { "date": "2025-05-23", "close": 40.141319, "volume": 735021, "typical_volume": 868806.9, "trend": 40.167524, "fair_value": 31.724525, "relative_strength": 6.847306, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.247762, "energy": 20.958342, "activity_lines": [ 39.614118, 40.037055, 40.51745, 40.35564 ] }, { "date": "2025-05-30", "close": 39.771351, "volume": 716441, "typical_volume": 871777.45, "trend": 40.172149, "fair_value": 31.836737, "relative_strength": 7.216444, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.970769, "energy": 12.995214, "activity_lines": [ 39.703525, 39.891591, 40.44654, 40.33008 ] }, { "date": "2025-06-06", "close": 40.881252, "volume": 640000, "typical_volume": 860213.0, "trend": 40.195272, "fair_value": 31.953539, "relative_strength": 8.448567, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.524654, "energy": 4.713352, "activity_lines": [ 40.138236, 40.003422, 40.478031, 40.375829 ] }, { "date": "2025-06-13", "close": 40.280052, "volume": 1009181, "typical_volume": 872823.7, "trend": 40.184481, "fair_value": 32.068002, "relative_strength": 4.707152, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.510546, "energy": 5.453193, "activity_lines": [ 40.258473, 40.020238, 40.440814, 40.381299 ] }, { "date": "2025-06-20", "close": 40.735935, "volume": 406061, "typical_volume": 864042.65, "trend": 40.2228, "fair_value": 32.182861, "relative_strength": 5.825911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.580841, "energy": 8.962617, "activity_lines": [ 40.475177, 40.161143, 40.444152, 40.416876 ] }, { "date": "2025-06-27", "close": 41.850002, "volume": 519805, "typical_volume": 788127.8, "trend": 40.285922, "fair_value": 32.310672, "relative_strength": 5.894647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.388807, "energy": 24.074176, "activity_lines": [ 40.971184, 40.4795, 40.550759, 40.521857 ] }, { "date": "2025-07-04", "close": 42.140625, "volume": 526165, "typical_volume": 755922.45, "trend": 40.375688, "fair_value": 32.442566, "relative_strength": 6.551794, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.126727, "energy": 37.476041, "activity_lines": [ 41.450153, 40.8499, 40.685277, 40.641515 ] }, { "date": "2025-07-11", "close": 44.271877, "volume": 613978, "typical_volume": 761812.7, "trend": 40.522623, "fair_value": 32.595595, "relative_strength": 10.572196, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.078947, "energy": 67.062219, "activity_lines": [ 42.481588, 41.557996, 41.015233, 40.892882 ] }, { "date": "2025-07-18", "close": 43.787502, "volume": 350300, "typical_volume": 765264.25, "trend": 40.67191, "fair_value": 32.740982, "relative_strength": 6.109137, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.769592, "energy": 72.748504, "activity_lines": [ 43.125522, 42.085266, 41.284673, 41.10352 ] }, { "date": "2025-07-25", "close": 44.368748, "volume": 563973, "typical_volume": 771362.8, "trend": 40.8899, "fair_value": 32.890895, "relative_strength": 7.33176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.154936, "energy": 79.617118, "activity_lines": [ 43.729375, 42.63931, 41.596291, 41.342025 ] }, { "date": "2025-08-01", "close": 43.932809, "volume": 427632, "typical_volume": 762553.95, "trend": 41.077944, "fair_value": 33.03668, "relative_strength": 5.732257, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.943094, "energy": 75.65159, "activity_lines": [ 43.945728, 43.022936, 41.850005, 41.538342 ] }, { "date": "2025-08-08", "close": 44.804688, "volume": 793848, "typical_volume": 749945.1, "trend": 41.268845, "fair_value": 33.185918, "relative_strength": 5.033669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.674473, "energy": 73.622573, "activity_lines": [ 44.313853, 43.496149, 42.175527, 41.778777 ] }, { "date": "2025-08-15", "close": 50.568752, "volume": 1515206, "typical_volume": 775895.15, "trend": 41.671921, "fair_value": 33.371038, "relative_strength": 16.393826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.433426, "energy": 88.952682, "activity_lines": [ 46.425729, 44.925859, 43.040573, 42.378771 ] }, { "date": "2025-08-22", "close": 54.443752, "volume": 2535805, "typical_volume": 871084.8, "trend": 42.164084, "fair_value": 33.578863, "relative_strength": 27.322095, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.100096, "energy": 96.089227, "activity_lines": [ 49.40948, 46.883978, 44.23228, 43.20276 ] }, { "date": "2025-08-29", "close": 55.315624, "volume": 2057931, "typical_volume": 861332.65, "trend": 42.669894, "fair_value": 33.792277, "relative_strength": 25.919329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.382756, "energy": 95.144424, "activity_lines": [ 51.973438, 48.743097, 45.450367, 44.051247 ] }, { "date": "2025-09-05", "close": 55.606251, "volume": 1051777, "typical_volume": 858319.85, "trend": 43.126814, "fair_value": 34.007554, "relative_strength": 24.36082, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.019482, "energy": 92.885639, "activity_lines": [ 53.90448, 50.389972, 46.62013, 44.885851 ] }, { "date": "2025-09-12", "close": 51.149998, "volume": 1460599, "typical_volume": 890592.6, "trend": 43.479896, "fair_value": 34.196134, "relative_strength": 9.528937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.800689, "energy": 84.531581, "activity_lines": [ 53.571875, 50.976506, 47.299773, 45.403475 ] }, { "date": "2025-09-19", "close": 51.828125, "volume": 786181, "typical_volume": 903094.4, "trend": 43.83246, "fair_value": 34.391995, "relative_strength": 10.056432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.296872, "energy": 63.165684, "activity_lines": [ 53.042291, 51.522528, 47.988054, 45.942071 ] }, { "date": "2025-09-26", "close": 53.184376, "volume": 746212, "typical_volume": 907352.35, "trend": 44.23794, "fair_value": 34.593882, "relative_strength": 12.42481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.33678, "energy": 56.94975, "activity_lines": [ 52.880833, 52.177756, 48.745226, 46.54542 ] }, { "date": "2025-10-03", "close": 53.571873, "volume": 570409, "typical_volume": 901326.25, "trend": 44.659419, "fair_value": 34.800122, "relative_strength": 7.781996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.662476, "energy": 49.492001, "activity_lines": [ 52.932499, 52.732585, 49.473889, 47.147609 ] }, { "date": "2025-10-10", "close": 54.25, "volume": 461972, "typical_volume": 887673.8, "trend": 45.081921, "fair_value": 35.014977, "relative_strength": 6.598976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.926821, "energy": 50.904368, "activity_lines": [ 53.326458, 53.24338, 50.199437, 47.766356 ] }, { "date": "2025-10-17", "close": 53.475002, "volume": 1001287, "typical_volume": 901916.1, "trend": 45.436969, "fair_value": 35.223798, "relative_strength": 4.653752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.074776, "energy": 47.280562, "activity_lines": [ 53.5525, 53.425682, 50.783992, 48.307846 ] }, { "date": "2025-10-24", "close": 53.959377, "volume": 575920, "typical_volume": 898712.1, "trend": 45.8467, "fair_value": 35.436524, "relative_strength": 4.278216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.83297, "energy": 46.577898, "activity_lines": [ 53.785001, 53.53841, 51.349422, 48.857678 ] }, { "date": "2025-10-31", "close": 55.21875, "volume": 935411, "typical_volume": 895023.6, "trend": 46.269122, "fair_value": 35.655188, "relative_strength": 3.787757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.484839, "energy": 48.010563, "activity_lines": [ 54.295209, 53.818466, 51.972515, 49.462327 ] }, { "date": "2025-11-07", "close": 50.665623, "volume": 1090781, "typical_volume": 929259.6, "trend": 46.646138, "fair_value": 35.844932, "relative_strength": -2.833591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.351825, "energy": 30.006014, "activity_lines": [ 53.152083, 53.256591, 52.090841, 49.745972 ] }, { "date": "2025-11-14", "close": 50.084377, "volume": 682218, "typical_volume": 937380.25, "trend": 46.922079, "fair_value": 36.021877, "relative_strength": -3.161032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.522433, "energy": 20.819746, "activity_lines": [ 52.008959, 52.67358, 52.106526, 49.967794 ] }, { "date": "2025-11-21", "close": 50.471874, "volume": 555014, "typical_volume": 938822.7, "trend": 47.291095, "fair_value": 36.199171, "relative_strength": 0.968129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.017589, "energy": 19.583275, "activity_lines": [ 51.272708, 52.261421, 52.119903, 50.196813 ] }, { "date": "2025-11-28", "close": 51.149998, "volume": 374051, "typical_volume": 926826.35, "trend": 47.690423, "fair_value": 36.381345, "relative_strength": -2.195023, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.267265, "energy": 19.938902, "activity_lines": [ 50.962708, 51.984886, 52.158192, 50.445774 ] }, { "date": "2025-12-05", "close": 51.34375, "volume": 507474, "typical_volume": 934685.05, "trend": 48.08696, "fair_value": 36.567164, "relative_strength": -3.130073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.596469, "energy": 16.297849, "activity_lines": [ 50.904583, 51.755909, 52.18218, 50.681473 ] }, { "date": "2025-12-12", "close": 52.990627, "volume": 617672, "typical_volume": 937370.0, "trend": 48.541476, "fair_value": 36.763005, "relative_strength": -0.954111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.514027, "energy": 13.186954, "activity_lines": [ 51.65375, 51.85983, 52.327031, 50.997839 ] }, { "date": "2025-12-19", "close": 53.571873, "volume": 469839, "typical_volume": 939480.35, "trend": 48.989161, "fair_value": 36.962306, "relative_strength": 1.712321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.700944, "energy": 25.152725, "activity_lines": [ 52.441666, 52.08, 52.486183, 51.32238 ] }, { "date": "2025-12-26", "close": 54.637501, "volume": 402303, "typical_volume": 919903.1, "trend": 49.4847, "fair_value": 37.167903, "relative_strength": 0.376288, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.916543, "energy": 37.588559, "activity_lines": [ 53.352292, 52.50625, 52.700923, 51.686789 ] }, { "date": "2026-01-02", "close": 53.668751, "volume": 1010897, "typical_volume": 894687.65, "trend": 49.91095, "fair_value": 37.368092, "relative_strength": -4.247289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.288865, "energy": 36.169075, "activity_lines": [ 53.662292, 52.735227, 52.776577, 51.956728 ] }, { "date": "2026-01-09", "close": 52.796875, "volume": 604842, "typical_volume": 798139.5, "trend": 50.328177, "fair_value": 37.559755, "relative_strength": -8.757801, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.463363, "energy": 32.031028, "activity_lines": [ 53.51375, 52.810966, 52.754435, 52.142917 ] }, { "date": "2026-01-16", "close": 52.990627, "volume": 555920, "typical_volume": 723038.95, "trend": 50.736667, "fair_value": 37.75106, "relative_strength": -11.701164, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.525175, "energy": 27.428421, "activity_lines": [ 53.332918, 52.965966, 52.758587, 52.314688 ] }, { "date": "2026-01-23", "close": 53.28125, "volume": 637255, "typical_volume": 702312.85, "trend": 51.117709, "fair_value": 37.945028, "relative_strength": -12.711132, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.569744, "energy": 22.126573, "activity_lines": [ 53.248959, 53.131535, 52.801488, 52.478854 ] }, { "date": "2026-01-30", "close": 47.90469, "volume": 758234, "typical_volume": 667194.6, "trend": 51.309844, "fair_value": 38.102397, "relative_strength": -21.602058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.680794, "energy": 10.890174, "activity_lines": [ 51.392189, 52.261421, 52.343408, 52.271563 ] }, { "date": "2026-02-06", "close": 44.514065, "volume": 1147454, "typical_volume": 685258.25, "trend": 51.317917, "fair_value": 38.237229, "relative_strength": -26.221372, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -50.627358, "energy": 58.991164, "activity_lines": [ 48.854064, 50.821507, 51.577865, 51.833125 ] }, { "date": "2026-02-13", "close": 45.628124, "volume": 1354023, "typical_volume": 715648.8, "trend": 51.379271, "fair_value": 38.381072, "relative_strength": -28.190232, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.831514, "energy": 68.708213, "activity_lines": [ 47.297605, 49.704802, 50.953252, 51.466042 ] }, { "date": "2026-02-27", "close": 47.856251, "volume": 649835, "typical_volume": 719620.1, "trend": 51.495521, "fair_value": 38.537329, "relative_strength": -28.2479, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.19599, "energy": 76.040102, "activity_lines": [ 46.961772, 49.097132, 50.576824, 51.23875 ] }, { "date": "2026-03-06", "close": 46.887501, "volume": 896110, "typical_volume": 741327.0, "trend": 51.594011, "fair_value": 38.682305, "relative_strength": -25.611397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.847532, "energy": 74.738594, "activity_lines": [ 46.645313, 48.406677, 50.13535, 50.941459 ] }, { "date": "2026-03-13", "close": 46.160938, "volume": 571091, "typical_volume": 719817.2, "trend": 51.639219, "fair_value": 38.820756, "relative_strength": -26.000476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.335534, "energy": 64.389092, "activity_lines": [ 46.512917, 47.705654, 49.65974, 50.590938 ] }, { "date": "2026-03-20", "close": 47.565624, "volume": 490257, "typical_volume": 715534.05, "trend": 51.539115, "fair_value": 38.967411, "relative_strength": -23.702209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.384778, "energy": 42.402566, "activity_lines": [ 46.965, 47.414148, 49.352739, 50.328125 ] }, { "date": "2026-03-27", "close": 46.742188, "volume": 379030, "typical_volume": 687715.0, "trend": 51.282396, "fair_value": 39.106386, "relative_strength": -23.638299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.943742, "energy": 40.392118, "activity_lines": [ 46.939167, 47.083893, 48.997761, 50.018646 ] }, { "date": "2026-04-03", "close": 45.96719, "volume": 192329, "typical_volume": 642792.4, "trend": 50.970782, "fair_value": 39.231052, "relative_strength": -23.245804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.817147, "energy": 40.718828, "activity_lines": [ 46.58073, 46.722813, 48.609339, 49.67573 ] }, { "date": "2026-04-10", "close": 45.821873, "volume": 216081, "typical_volume": 619485.55, "trend": 50.644636, "fair_value": 39.353986, "relative_strength": -29.113361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.218952, "energy": 42.50187, "activity_lines": [ 46.299792, 46.463012, 48.22945, 49.343542 ] }, { "date": "2026-04-17", "close": 49.793751, "volume": 1594181, "typical_volume": 671443.9, "trend": 50.599427, "fair_value": 39.493308, "relative_strength": -25.349849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.694256, "energy": 25.379933, "activity_lines": [ 47.413854, 47.060995, 48.248133, 49.288646 ] }, { "date": "2026-04-24", "close": 54.831249, "volume": 3741886, "typical_volume": 839835.65, "trend": 50.699532, "fair_value": 39.663586, "relative_strength": -21.669918, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.390358, "energy": 11.20348, "activity_lines": [ 49.964896, 48.54054, 48.749807, 49.561667 ] }, { "date": "2026-05-01", "close": 55.703125, "volume": 1078015, "typical_volume": 868362.7, "trend": 50.78349, "fair_value": 39.836785, "relative_strength": -19.940166, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.791332, "energy": 34.636076, "activity_lines": [ 52.322187, 49.991023, 49.316987, 49.88448 ] }, { "date": "2026-05-08", "close": 63.646873, "volume": 2478284, "typical_volume": 961393.3, "trend": 51.119323, "fair_value": 40.055302, "relative_strength": -14.082031, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.221723, "energy": 64.848881, "activity_lines": [ 56.729999, 52.702642, 50.619955, 50.714375 ] }, { "date": "2026-05-15", "close": 70.912498, "volume": 3694722, "typical_volume": 1122637.45, "trend": 51.67474, "fair_value": 40.321727, "relative_strength": -3.099231, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.460336, "energy": 92.310487, "activity_lines": [ 62.38104, 56.448181, 52.564144, 51.991354 ] }, { "date": "2026-05-22", "close": 72.365623, "volume": 2593558, "typical_volume": 1232200.2, "trend": 52.304427, "fair_value": 40.599335, "relative_strength": -3.583279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.529489, "energy": 95.040583, "activity_lines": [ 66.843748, 60.021107, 54.564151, 53.32625 ] }, { "date": "2026-05-29", "close": 79.53437, "volume": 2640838, "typical_volume": 1313697.25, "trend": 53.156927, "fair_value": 40.923163, "relative_strength": 0.21116, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.068108, "energy": 96.243823, "activity_lines": [ 72.191247, 64.420993, 57.162477, 55.08302 ] }, { "date": "2026-06-05", "close": 73.72187, "volume": 1262274, "typical_volume": 1346568.85, "trend": 53.773698, "fair_value": 41.204928, "relative_strength": -7.581256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.970767, "energy": 87.443134, "activity_lines": [ 73.954371, 67.18281, 59.084061, 56.409791 ] }, { "date": "2026-06-12", "close": 72.55938, "volume": 1162032, "typical_volume": 1376874.45, "trend": 54.50349, "fair_value": 41.463763, "relative_strength": -6.933867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.918521, "energy": 75.685654, "activity_lines": [ 74.128749, 69.242726, 60.795289, 57.62177 ] }, { "date": "2026-06-19", "close": 75.271873, "volume": 532308, "typical_volume": 1371627.1, "trend": 55.343073, "fair_value": 41.742388, "relative_strength": -8.020397, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.352284, "energy": 63.315247, "activity_lines": [ 74.613124, 71.312328, 62.671666, 58.961666 ] }, { "date": "2026-06-26", "close": 73.5, "volume": 1201658, "typical_volume": 1393798.3, "trend": 56.110677, "fair_value": 42.006985, "relative_strength": -6.166539, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.585669, "energy": 54.500633, "activity_lines": [ 74.216249, 72.524317, 64.274575, 60.133081 ] }, { "date": "2026-07-03", "close": 74.599998, "volume": 475811, "typical_volume": 1360216.15, "trend": 56.892344, "fair_value": 42.275316, "relative_strength": -9.001478, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.579821, "energy": 50.384407, "activity_lines": [ 74.110416, 73.505283, 65.860364, 61.32594 ] }, { "date": "2026-07-10", "close": 79.699997, "volume": 0, "typical_volume": 1292515.0, "trend": 57.837552, "fair_value": 42.585342, "relative_strength": 0.399394, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.596052, "energy": 54.248743, "activity_lines": [ 76.03354, 75.054089, 67.7886, 62.797402 ] }, { "date": "2026-07-17", "close": 77.699997, "volume": 2436662, "typical_volume": 1381856.35, "trend": 58.661198, "fair_value": 42.874951, "relative_strength": 4.178159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.604181, "energy": 48.52644, "activity_lines": [ 76.891456, 75.802953, 69.364113, 64.07885 ] }, { "date": "2026-07-24", "close": 73.900002, "volume": 1406009, "typical_volume": 1407351.3, "trend": 59.338802, "fair_value": 43.147798, "relative_strength": -2.957224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.279639, "energy": 44.992382, "activity_lines": [ 76.139999, 75.605397, 70.435609, 65.061999 ] }, { "date": "2026-07-31", "close": 72.400002, "volume": 1332006, "typical_volume": 1445397.05, "trend": 59.930885, "fair_value": 43.413561, "relative_strength": -3.513216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.921384, "energy": 34.875348, "activity_lines": [ 74.98, 75.080795, 71.235617, 65.904657 ] }, { "date": "2026-08-07", "close": 76.5, "volume": 695810, "typical_volume": 1455674.7, "trend": 60.691927, "fair_value": 43.70645, "relative_strength": -0.439648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.641452, "energy": 32.463906, "activity_lines": [ 75.26, 75.301022, 72.301152, 66.973632 ] }, { "date": "2026-08-14", "close": 77.0, "volume": 1057130, "typical_volume": 1489579.7, "trend": 61.498698, "fair_value": 44.006764, "relative_strength": -3.058463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.966738, "energy": 31.993466, "activity_lines": [ 75.58, 75.667329, 73.276525, 68.025765 ] } ], "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." } } }