{ "ticker": { "uuid": "a690f6c3-7e9e-4dc6-812d-d426d31864b7", "symbol": "5515", "name": "Chien Kuo Construction Co., Ltd.", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 91.867, "architecture_energy": 84.798, "architecture_maturity": 62.0, "architecture_confidence": 75.443, "architecture_tenure": "Established", "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": 1.56, "rotation_up": 85.0, "upward_expansion": 95.2, "deceleration": 42.16, "rotation_down": 10.56, "downward_expansion": 17.2 }, "activity_lines": [ 44.843334, 43.228799, 41.123587, 39.369488 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 48.450001, "trend_reference": 36.834634, "distance_from_trend": 0.315338, "trend_direction": "Improving", "fair_value": 24.3193, "distance_from_fair_value": 0.992245, "fair_value_direction": "Improving", "relative_strength": 10.560045, "relative_strength_direction": "Improving", "price_momentum": 0.649843, "excess_performance": 0.208471, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.315338, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.114658, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.992245, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.297899, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.1056, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.191028, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.649843, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.629159, "read": "Demand-led" } ], "volume": { "latest": 6110865, "relative_activity": 1.762787, "balance": 2.629159, "dry_up": 1.088383, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.056311, "annualized_volatility": 0.29934, "from_high_reference": -0.03869, "from_low_reference": 1.258798 }, "levels": { "trend_reference": 36.834634, "fair_value_reference": 24.3193, "structural_low": 28.537907, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.011545, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.000548, "regime_survival": 0.75, "best_return": 0.370559, "worst_return": -0.099533, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.044298, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": -0.000197, "regime_survival": 0.538462, "best_return": 0.241007, "worst_return": -0.092749, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.119981, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.030055, "regime_survival": 0.571429, "best_return": 0.507194, "worst_return": -0.021505, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.386483, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.254258, "regime_survival": 0.75, "best_return": 0.758408, "worst_return": -0.015575, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-05-31", "tenure": "Extended", "return": 0.567657, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-07", "end": "2024-06-21", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.045074, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-07-26", "tenure": "New", "return": 0.029851, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.030435, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-11-29", "tenure": "Established", "return": 0.068639, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-04-25", "tenure": "Established", "return": 0.036496, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-02", "end": "2025-06-13", "tenure": "Developing", "return": -0.070812, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": -0.000472, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-25", "end": "2025-10-31", "tenure": "Established", "return": 0.013645, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": 0.139963, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-02-06", "tenure": "Developing", "return": -0.021472, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": 0.173047, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-08-14", "tenure": "Established", "return": 0.401598, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 13.024522, "volume": 1328389, "typical_volume": 1270981.2, "trend": 11.348141, "fair_value": 10.468365, "relative_strength": 12.028851, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.986119, "energy": 70.486495, "activity_lines": [ 12.818649, 12.613605, 12.298407, 11.919552 ] }, { "date": "2023-08-18", "close": 12.978333, "volume": 2730680, "typical_volume": 1332987.4, "trend": 11.455462, "fair_value": 10.499855, "relative_strength": 12.836215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.96761, "energy": 74.546155, "activity_lines": [ 12.919832, 12.702528, 12.395173, 12.024726 ] }, { "date": "2023-08-25", "close": 13.070706, "volume": 1417317, "typical_volume": 1382747.35, "trend": 11.568727, "fair_value": 10.527367, "relative_strength": 12.618794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.202608, "energy": 75.360892, "activity_lines": [ 13.009125, 12.796606, 12.491341, 12.128935 ] }, { "date": "2023-09-01", "close": 13.116894, "volume": 622989, "typical_volume": 1367217.5, "trend": 11.6778, "fair_value": 10.553493, "relative_strength": 11.632505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.738654, "energy": 67.15749, "activity_lines": [ 13.064549, 12.884198, 12.582278, 12.228817 ] }, { "date": "2023-09-08", "close": 12.932148, "volume": 2430801, "typical_volume": 1426515.25, "trend": 11.782148, "fair_value": 10.579636, "relative_strength": 10.312818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.296052, "energy": 59.913958, "activity_lines": [ 13.021441, 12.92326, 12.64659, 12.309742 ] }, { "date": "2023-09-15", "close": 13.070706, "volume": 1456468, "typical_volume": 1451183.5, "trend": 11.888249, "fair_value": 10.605225, "relative_strength": 9.029513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.117227, "energy": 55.891187, "activity_lines": [ 13.036837, 12.975931, 12.715332, 12.392875 ] }, { "date": "2023-09-22", "close": 12.885962, "volume": 890504, "typical_volume": 1473615.85, "trend": 11.97816, "fair_value": 10.627946, "relative_strength": 11.029817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.495044, "energy": 45.888417, "activity_lines": [ 12.987571, 12.981693, 12.757463, 12.457244 ] }, { "date": "2023-09-29", "close": 12.839775, "volume": 440576, "typical_volume": 1449815.7, "trend": 12.069398, "fair_value": 10.650371, "relative_strength": 10.388562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.371546, "energy": 34.071067, "activity_lines": [ 12.929069, 12.969097, 12.787469, 12.512832 ] }, { "date": "2023-10-06", "close": 12.701218, "volume": 1223663, "typical_volume": 1383855.35, "trend": 12.15745, "fair_value": 10.671908, "relative_strength": 8.000372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.604094, "energy": 25.80103, "activity_lines": [ 12.839776, 12.922071, 12.797387, 12.553594 ] }, { "date": "2023-10-13", "close": 12.562658, "volume": 618373, "typical_volume": 1355153.95, "trend": 12.210791, "fair_value": 10.696645, "relative_strength": 5.069143, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.936028, "energy": 19.035051, "activity_lines": [ 12.732008, 12.847333, 12.790332, 12.579737 ] }, { "date": "2023-10-20", "close": 12.377913, "volume": 948019, "typical_volume": 1350656.5, "trend": 12.259406, "fair_value": 10.718995, "relative_strength": 5.593385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.362467, "energy": 12.651751, "activity_lines": [ 12.587291, 12.749083, 12.763385, 12.590519 ] }, { "date": "2023-10-27", "close": 12.377913, "volume": 811462, "typical_volume": 1290769.0, "trend": 12.305155, "fair_value": 10.739902, "relative_strength": 7.501816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.169054, "energy": 18.148041, "activity_lines": [ 12.48876, 12.662588, 12.73543, 12.598164 ] }, { "date": "2023-11-03", "close": 12.747403, "volume": 1312497, "typical_volume": 1315020.2, "trend": 12.361788, "fair_value": 10.764381, "relative_strength": 8.084502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.706913, "energy": 17.346556, "activity_lines": [ 12.547263, 12.654191, 12.742475, 12.626697 ] }, { "date": "2023-11-10", "close": 12.701218, "volume": 1141425, "typical_volume": 1351232.35, "trend": 12.411149, "fair_value": 10.788082, "relative_strength": 6.452449, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.443541, "energy": 13.124325, "activity_lines": [ 12.596528, 12.643274, 12.742763, 12.648595 ] }, { "date": "2023-11-17", "close": 13.070706, "volume": 1362101, "typical_volume": 1386874.5, "trend": 12.477126, "fair_value": 10.815595, "relative_strength": 5.95874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.250608, "energy": 22.939402, "activity_lines": [ 12.768957, 12.707095, 12.776306, 12.691147 ] }, { "date": "2023-11-24", "close": 14.27155, "volume": 10148207, "typical_volume": 1830779.45, "trend": 12.580265, "fair_value": 10.850084, "relative_strength": 14.634715, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 83.25055, "energy": 72.254707, "activity_lines": [ 13.307796, 12.986732, 12.920522, 12.806917 ] }, { "date": "2023-12-01", "close": 13.994431, "volume": 2365924, "typical_volume": 1866966.15, "trend": 12.6713, "fair_value": 10.881353, "relative_strength": 10.980046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.15257, "energy": 81.569482, "activity_lines": [ 13.628021, 13.19415, 13.029139, 12.898153 ] }, { "date": "2023-12-08", "close": 14.13299, "volume": 1365968, "typical_volume": 1848267.8, "trend": 12.762655, "fair_value": 10.91279, "relative_strength": 11.992177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.967694, "energy": 88.095163, "activity_lines": [ 13.886664, 13.406607, 13.143065, 12.992456 ] }, { "date": "2023-12-15", "close": 16.627048, "volume": 33974983, "typical_volume": 3515880.05, "trend": 12.919949, "fair_value": 10.957568, "relative_strength": 28.679623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.827964, "energy": 98.093566, "activity_lines": [ 14.884287, 14.049015, 13.485943, 13.241771 ] }, { "date": "2023-12-22", "close": 16.442303, "volume": 24720090, "typical_volume": 4565521.8, "trend": 13.065353, "fair_value": 10.998998, "relative_strength": 26.941078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.77276, "energy": 96.470546, "activity_lines": [ 15.558606, 14.586455, 13.791872, 13.46902 ] }, { "date": "2023-12-29", "close": 15.934252, "volume": 9286579, "typical_volume": 4963431.3, "trend": 13.190956, "fair_value": 11.041981, "relative_strength": 20.083282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.399457, "energy": 89.522578, "activity_lines": [ 15.838802, 14.960984, 14.03358, 13.65411 ] }, { "date": "2024-01-05", "close": 16.534674, "volume": 10938407, "typical_volume": 5373817.65, "trend": 13.330841, "fair_value": 11.086889, "relative_strength": 26.711395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.63665, "energy": 90.997337, "activity_lines": [ 16.208292, 15.380019, 14.318615, 13.869834 ] }, { "date": "2024-01-12", "close": 15.795696, "volume": 5129241, "typical_volume": 5559413.85, "trend": 13.44896, "fair_value": 11.125857, "relative_strength": 20.389496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.396369, "energy": 66.920948, "activity_lines": [ 16.162106, 15.589116, 14.516336, 14.028857 ] }, { "date": "2024-01-19", "close": 15.657137, "volume": 3713678, "typical_volume": 5713948.3, "trend": 13.561027, "fair_value": 11.161533, "relative_strength": 17.50962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.232019, "energy": 59.491548, "activity_lines": [ 15.958887, 15.717598, 14.687885, 14.17132 ] }, { "date": "2024-01-26", "close": 15.980442, "volume": 3608906, "typical_volume": 5772853.55, "trend": 13.683871, "fair_value": 11.200964, "relative_strength": 17.12827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.924519, "energy": 54.138009, "activity_lines": [ 15.928096, 15.851119, 14.878129, 14.327411 ] }, { "date": "2024-02-02", "close": 16.026627, "volume": 2500236, "typical_volume": 5825041.95, "trend": 13.806821, "fair_value": 11.241172, "relative_strength": 16.288234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.22389, "energy": 47.635666, "activity_lines": [ 15.943492, 15.940132, 15.058255, 14.478557 ] }, { "date": "2024-02-09", "close": 15.934252, "volume": 1156815, "typical_volume": 5838357.5, "trend": 13.926692, "fair_value": 11.281991, "relative_strength": 14.659828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.466953, "energy": 40.090559, "activity_lines": [ 15.921938, 15.98044, 15.215508, 14.61581 ] }, { "date": "2024-02-16", "close": 16.118999, "volume": 1219225, "typical_volume": 5877289.95, "trend": 14.052934, "fair_value": 11.326879, "relative_strength": 12.163713, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.151867, "energy": 41.306506, "activity_lines": [ 16.001994, 16.019069, 15.37584, 14.75725 ] }, { "date": "2024-02-23", "close": 16.257559, "volume": 11471612, "typical_volume": 6389687.4, "trend": 14.176098, "fair_value": 11.371935, "relative_strength": 10.877482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.851427, "energy": 45.739942, "activity_lines": [ 16.106683, 16.046781, 15.533753, 14.899483 ] }, { "date": "2024-03-01", "close": 16.257559, "volume": 2153575, "typical_volume": 6466447.5, "trend": 14.280786, "fair_value": 11.416028, "relative_strength": 10.027828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.872502, "energy": 44.573879, "activity_lines": [ 16.171344, 16.081211, 15.674731, 15.033771 ] }, { "date": "2024-03-08", "close": 16.996538, "volume": 17457029, "typical_volume": 7291898.0, "trend": 14.413187, "fair_value": 11.464137, "relative_strength": 9.520966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.920553, "energy": 49.521132, "activity_lines": [ 16.463857, 16.253359, 15.868494, 15.208981 ] }, { "date": "2024-03-15", "close": 18.936359, "volume": 26376332, "typical_volume": 8570141.5, "trend": 14.611788, "fair_value": 11.522997, "relative_strength": 21.902852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.012494, "energy": 87.875275, "activity_lines": [ 17.338316, 16.758889, 16.225008, 15.500799 ] }, { "date": "2024-03-22", "close": 18.197378, "volume": 15371868, "typical_volume": 9273110.05, "trend": 14.782677, "fair_value": 11.57664, "relative_strength": 13.39428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.900092, "energy": 85.936312, "activity_lines": [ 17.766308, 17.086391, 16.479911, 15.732127 ] }, { "date": "2024-03-29", "close": 19.352036, "volume": 48487265, "typical_volume": 11640402.05, "trend": 14.990515, "fair_value": 11.634557, "relative_strength": 19.444261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.431744, "energy": 88.529245, "activity_lines": [ 18.440627, 17.580164, 16.81883, 16.026924 ] }, { "date": "2024-04-05", "close": 19.398222, "volume": 8243154, "typical_volume": 11984454.7, "trend": 15.206051, "fair_value": 11.692771, "relative_strength": 18.742605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.658377, "energy": 88.673297, "activity_lines": [ 18.924043, 18.015154, 17.130478, 16.311293 ] }, { "date": "2024-04-12", "close": 21.245672, "volume": 15618134, "typical_volume": 12257951.05, "trend": 15.47855, "fair_value": 11.762827, "relative_strength": 26.578993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.071607, "energy": 89.388271, "activity_lines": [ 19.813898, 18.723903, 17.587941, 16.700946 ] }, { "date": "2024-04-19", "close": 24.940573, "volume": 52351851, "typical_volume": 14757247.4, "trend": 15.88037, "fair_value": 11.855126, "relative_strength": 55.700951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.162207, "energy": 91.096254, "activity_lines": [ 21.652111, 20.00956, 18.36409, 17.311399 ] }, { "date": "2024-04-26", "close": 22.585073, "volume": 31171213, "typical_volume": 16247509.65, "trend": 16.205213, "fair_value": 11.933528, "relative_strength": 35.550529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.964037, "energy": 77.535934, "activity_lines": [ 22.304877, 20.703194, 18.863782, 17.74396 ] }, { "date": "2024-05-03", "close": 23.185493, "volume": 16008888, "typical_volume": 15349204.9, "trend": 16.554689, "fair_value": 12.008564, "relative_strength": 36.388914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.316782, "energy": 70.265623, "activity_lines": [ 22.865269, 21.388429, 19.380408, 18.194301 ] }, { "date": "2024-05-10", "close": 21.799908, "volume": 13932627, "typical_volume": 14809831.75, "trend": 16.862597, "fair_value": 12.076642, "relative_strength": 24.98073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.286546, "energy": 61.268828, "activity_lines": [ 22.708237, 21.695778, 19.733842, 18.532702 ] }, { "date": "2024-05-17", "close": 22.677446, "volume": 10932088, "typical_volume": 14892107.2, "trend": 17.205915, "fair_value": 12.153952, "relative_strength": 25.701687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.363481, "energy": 53.087576, "activity_lines": [ 22.683604, 22.061909, 20.14534, 18.907854 ] }, { "date": "2024-05-24", "close": 21.245672, "volume": 6326029, "typical_volume": 14661488.3, "trend": 17.501507, "fair_value": 12.22954, "relative_strength": 15.427088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.480059, "energy": 42.613091, "activity_lines": [ 22.086262, 22.064428, 20.388367, 19.168483 ] }, { "date": "2024-05-31", "close": 21.938465, "volume": 5883954, "typical_volume": 14699223.95, "trend": 17.807876, "fair_value": 12.308847, "relative_strength": 20.556341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.04845, "energy": 32.268691, "activity_lines": [ 21.966177, 22.150922, 20.674942, 19.454738 ] }, { "date": "2024-06-07", "close": 22.446514, "volume": 7556133, "typical_volume": 14891346.7, "trend": 18.132719, "fair_value": 12.389006, "relative_strength": 18.700548, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.14288, "energy": 31.81718, "activity_lines": [ 22.05855, 22.261769, 20.980651, 19.754005 ] }, { "date": "2024-06-14", "close": 22.954565, "volume": 7448654, "typical_volume": 15083334.1, "trend": 18.462181, "fair_value": 12.472181, "relative_strength": 17.090635, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.471092, "energy": 32.503631, "activity_lines": [ 22.369538, 22.408726, 21.302415, 20.065092 ] }, { "date": "2024-06-21", "close": 22.446514, "volume": 5650595, "typical_volume": 15240852.05, "trend": 18.73468, "fair_value": 12.55234, "relative_strength": 10.203055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.872693, "energy": 35.827487, "activity_lines": [ 22.434198, 22.398649, 21.542584, 20.322146 ] }, { "date": "2024-06-28", "close": 21.430416, "volume": 5395433, "typical_volume": 15452782.95, "trend": 18.982546, "fair_value": 12.624302, "relative_strength": 5.751931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.633248, "energy": 29.258932, "activity_lines": [ 22.175555, 22.181993, 21.65541, 20.496064 ] }, { "date": "2024-07-05", "close": 22.589029, "volume": 6231509, "typical_volume": 15703397.15, "trend": 19.264414, "fair_value": 12.69816, "relative_strength": 8.470036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.933562, "energy": 32.146653, "activity_lines": [ 22.2908, 22.239815, 21.852408, 20.728741 ] }, { "date": "2024-07-12", "close": 22.396374, "volume": 7519160, "typical_volume": 15505774.55, "trend": 19.456725, "fair_value": 12.769581, "relative_strength": 5.414261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.118783, "energy": 28.23336, "activity_lines": [ 22.298455, 22.262538, 22.000249, 20.930803 ] }, { "date": "2024-07-19", "close": 22.589029, "volume": 6818601, "typical_volume": 15739025.85, "trend": 19.661616, "fair_value": 12.845603, "relative_strength": 10.56069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.739331, "energy": 30.526495, "activity_lines": [ 22.373672, 22.334635, 22.137205, 21.132887 ] }, { "date": "2024-07-26", "close": 23.26333, "volume": 3766060, "typical_volume": 15054477.4, "trend": 19.905918, "fair_value": 12.924024, "relative_strength": 16.903483, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.758444, "energy": 42.845624, "activity_lines": [ 22.698024, 22.514986, 22.30823, 21.365255 ] }, { "date": "2024-08-02", "close": 22.155552, "volume": 17504808, "typical_volume": 14610901.2, "trend": 20.093281, "fair_value": 12.995103, "relative_strength": 13.21886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.336415, "energy": 31.66332, "activity_lines": [ 22.598663, 22.48327, 22.343911, 21.510393 ] }, { "date": "2024-08-09", "close": 21.481253, "volume": 8401771, "typical_volume": 14262396.35, "trend": 20.2828, "fair_value": 13.064264, "relative_strength": 10.131751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.694246, "energy": 20.115918, "activity_lines": [ 22.226193, 22.312411, 22.300043, 21.59994 ] }, { "date": "2024-08-16", "close": 21.625744, "volume": 5092272, "typical_volume": 12092646.7, "trend": 20.481753, "fair_value": 13.132669, "relative_strength": 6.11145, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.85714, "energy": 10.582994, "activity_lines": [ 21.975738, 22.176135, 22.254299, 21.686581 ] }, { "date": "2024-08-23", "close": 21.91473, "volume": 4210133, "typical_volume": 11890995.65, "trend": 20.679563, "fair_value": 13.205331, "relative_strength": 8.011285, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.776605, "energy": 12.3891, "activity_lines": [ 21.872988, 22.107326, 22.22525, 21.779031 ] }, { "date": "2024-08-30", "close": 22.348207, "volume": 2293323, "typical_volume": 11224755.1, "trend": 20.890282, "fair_value": 13.283321, "relative_strength": 9.109511, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.127758, "energy": 11.919874, "activity_lines": [ 21.959683, 22.136237, 22.225502, 21.886686 ] }, { "date": "2024-09-06", "close": 21.433086, "volume": 2519456, "typical_volume": 8733135.35, "trend": 21.073577, "fair_value": 13.351875, "relative_strength": 8.210574, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.377648, "energy": 7.179977, "activity_lines": [ 21.802346, 22.00055, 22.133349, 21.921705 ] }, { "date": "2024-09-13", "close": 22.348207, "volume": 3127841, "typical_volume": 7330966.75, "trend": 21.281217, "fair_value": 13.426551, "relative_strength": 10.562557, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.473754, "energy": 8.135055, "activity_lines": [ 21.998214, 22.031199, 22.145052, 22.00394 ] }, { "date": "2024-09-20", "close": 21.481253, "volume": 3133640, "typical_volume": 6687204.35, "trend": 21.45534, "fair_value": 13.494904, "relative_strength": 3.966699, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.599027, "energy": 5.009097, "activity_lines": [ 21.8473, 21.9086, 22.075316, 22.016845 ] }, { "date": "2024-09-27", "close": 21.673908, "volume": 2664991, "typical_volume": 6123822.55, "trend": 21.635885, "fair_value": 13.564492, "relative_strength": 1.505663, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.070311, "energy": 8.140858, "activity_lines": [ 21.770237, 21.837667, 22.032044, 22.030946 ] }, { "date": "2024-10-04", "close": 21.481253, "volume": 902339, "typical_volume": 5622335.1, "trend": 21.785375, "fair_value": 13.633356, "relative_strength": 2.539731, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.446464, "energy": 13.518902, "activity_lines": [ 21.64501, 21.748344, 21.971024, 22.02097 ] }, { "date": "2024-10-11", "close": 20.999609, "volume": 1290326, "typical_volume": 5370549.95, "trend": 21.85415, "fair_value": 13.700406, "relative_strength": -2.716285, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.627386, "energy": 33.595626, "activity_lines": [ 21.417033, 21.603852, 21.869829, 21.970275 ] }, { "date": "2024-10-18", "close": 21.770239, "volume": 2299281, "typical_volume": 5191316.3, "trend": 21.973246, "fair_value": 13.773417, "relative_strength": -2.008814, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.342834, "energy": 34.319818, "activity_lines": [ 21.474831, 21.62049, 21.8432, 21.964862 ] }, { "date": "2024-10-25", "close": 21.91473, "volume": 2183986, "typical_volume": 4922708.95, "trend": 22.058669, "fair_value": 13.847608, "relative_strength": -1.116592, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.695497, "energy": 26.474055, "activity_lines": [ 21.619323, 21.658146, 21.831132, 21.961087 ] }, { "date": "2024-11-01", "close": 21.095938, "volume": 1601098, "typical_volume": 4630331.15, "trend": 22.115259, "fair_value": 13.916041, "relative_strength": -2.739327, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.284324, "energy": 33.089598, "activity_lines": [ 21.461987, 21.541676, 21.743616, 21.898975 ] }, { "date": "2024-11-08", "close": 23.216133, "volume": 0, "typical_volume": 4347801.4, "trend": 22.180941, "fair_value": 13.998065, "relative_strength": 3.052312, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -5.845562, "energy": 9.558086, "activity_lines": [ 22.049913, 21.825584, 21.866875, 21.969999 ] }, { "date": "2024-11-15", "close": 23.06772, "volume": 5040636, "typical_volume": 4330061.55, "trend": 22.118513, "fair_value": 14.077098, "relative_strength": 5.504982, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.080873, "energy": 22.271688, "activity_lines": [ 22.47271, 22.066726, 21.972334, 22.027211 ] }, { "date": "2024-11-22", "close": 22.982912, "volume": 2408357, "typical_volume": 4138903.95, "trend": 22.131774, "fair_value": 14.155587, "relative_strength": 4.005585, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.616267, "energy": 34.95672, "activity_lines": [ 22.729363, 22.262729, 22.061919, 22.082978 ] }, { "date": "2024-11-29", "close": 23.110123, "volume": 1621012, "typical_volume": 3843996.55, "trend": 22.129262, "fair_value": 14.232087, "relative_strength": 7.093449, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.639919, "energy": 53.639448, "activity_lines": [ 22.947575, 22.47032, 22.161744, 22.146098 ] }, { "date": "2024-12-06", "close": 23.237335, "volume": 3804278, "typical_volume": 3693280.4, "trend": 22.177176, "fair_value": 14.310678, "relative_strength": 2.975586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.007273, "energy": 58.499488, "activity_lines": [ 23.128498, 22.671425, 22.270286, 22.217586 ] }, { "date": "2024-12-13", "close": 23.618971, "volume": 2324552, "typical_volume": 3621205.0, "trend": 22.20856, "fair_value": 14.39095, "relative_strength": 5.275069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.380164, "energy": 60.557424, "activity_lines": [ 23.293874, 22.913493, 22.412086, 22.310605 ] }, { "date": "2024-12-20", "close": 22.898104, "volume": 1942791, "typical_volume": 2843104.15, "trend": 22.263641, "fair_value": 14.466091, "relative_strength": 4.205086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.547514, "energy": 46.750102, "activity_lines": [ 23.192104, 22.985626, 22.48354, 22.355092 ] }, { "date": "2024-12-27", "close": 22.643681, "volume": 1887479, "typical_volume": 2517389.55, "trend": 22.287149, "fair_value": 14.541386, "relative_strength": -0.50652, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.183138, "energy": 31.79918, "activity_lines": [ 23.016835, 22.976983, 22.527226, 22.379611 ] }, { "date": "2025-01-03", "close": 21.753199, "volume": 1393675, "typical_volume": 2332459.7, "trend": 22.264038, "fair_value": 14.609698, "relative_strength": -2.897383, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.362001, "energy": 11.715998, "activity_lines": [ 22.567354, 22.790552, 22.480569, 22.345162 ] }, { "date": "2025-01-10", "close": 22.770893, "volume": 2586045, "typical_volume": 2251255.3, "trend": 22.257916, "fair_value": 14.683769, "relative_strength": 1.014032, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.493529, "energy": 17.698552, "activity_lines": [ 22.547566, 22.792095, 22.530229, 22.377862 ] }, { "date": "2025-01-17", "close": 23.449354, "volume": 2886738, "typical_volume": 2280926.05, "trend": 22.291344, "fair_value": 14.762953, "relative_strength": 3.153396, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.648876, "energy": 19.674301, "activity_lines": [ 22.785027, 22.886539, 22.640427, 22.454729 ] }, { "date": "2025-01-24", "close": 23.534163, "volume": 2009324, "typical_volume": 2255419.45, "trend": 22.361469, "fair_value": 14.842682, "relative_strength": 1.642412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.191825, "energy": 25.191136, "activity_lines": [ 23.062066, 22.992164, 22.753459, 22.534911 ] }, { "date": "2025-02-07", "close": 24.297432, "volume": 2253014, "typical_volume": 2211678.1, "trend": 22.418415, "fair_value": 14.928068, "relative_strength": 4.84749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.020572, "energy": 53.937498, "activity_lines": [ 23.551124, 23.228083, 22.929177, 22.659812 ] }, { "date": "2025-02-14", "close": 22.982912, "volume": 3203416, "typical_volume": 2215166.9, "trend": 22.437967, "fair_value": 15.005792, "relative_strength": 0.350855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.682551, "energy": 48.333802, "activity_lines": [ 23.491759, 23.201099, 22.970421, 22.696231 ] }, { "date": "2025-02-21", "close": 23.534163, "volume": 1598474, "typical_volume": 2161841.05, "trend": 22.469471, "fair_value": 15.085521, "relative_strength": 0.012533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.418455, "energy": 49.738663, "activity_lines": [ 23.534163, 23.276655, 23.057015, 22.766954 ] }, { "date": "2025-02-28", "close": 23.534163, "volume": 938042, "typical_volume": 2163626.2, "trend": 22.478499, "fair_value": 15.165249, "relative_strength": 2.63107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.850131, "energy": 44.228524, "activity_lines": [ 23.525682, 23.346815, 23.13475, 22.835643 ] }, { "date": "2025-03-07", "close": 23.406952, "volume": 1169424, "typical_volume": 2157581.1, "trend": 22.520212, "fair_value": 15.244162, "relative_strength": 3.875563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.681778, "energy": 26.502862, "activity_lines": [ 23.469144, 23.395386, 23.190594, 22.895544 ] }, { "date": "2025-03-14", "close": 25.14551, "volume": 4406002, "typical_volume": 2262917.15, "trend": 22.642354, "fair_value": 15.334474, "relative_strength": 14.051932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.359326, "energy": 55.433949, "activity_lines": [ 24.000606, 23.750808, 23.400552, 23.064918 ] }, { "date": "2025-03-21", "close": 26.799263, "volume": 7724670, "typical_volume": 2539951.35, "trend": 22.814805, "fair_value": 15.436918, "relative_strength": 19.672668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.29616, "energy": 82.13694, "activity_lines": [ 25.02678, 24.361424, 23.751937, 23.333105 ] }, { "date": "2025-03-28", "close": 26.544838, "volume": 7305984, "typical_volume": 2825195.65, "trend": 22.969142, "fair_value": 15.53671, "relative_strength": 21.10256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.451756, "energy": 86.053382, "activity_lines": [ 25.713723, 24.834035, 24.055831, 23.573753 ] }, { "date": "2025-04-04", "close": 27.265707, "volume": 3173734, "typical_volume": 2983882.35, "trend": 23.133058, "fair_value": 15.639849, "relative_strength": 25.39445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.803244, "energy": 90.183836, "activity_lines": [ 26.440243, 25.369095, 24.402433, 23.85095 ] }, { "date": "2025-04-11", "close": 23.746181, "volume": 6218771, "typical_volume": 3042789.1, "trend": 23.210162, "fair_value": 15.719661, "relative_strength": 18.518054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.732485, "energy": 59.515014, "activity_lines": [ 25.744819, 25.194853, 24.394558, 23.890507 ] }, { "date": "2025-04-18", "close": 23.83099, "volume": 3323104, "typical_volume": 3088526.45, "trend": 23.259588, "fair_value": 15.801037, "relative_strength": 19.304945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.119007, "energy": 32.796507, "activity_lines": [ 25.055049, 25.032177, 24.391529, 23.93056 ] }, { "date": "2025-04-25", "close": 24.085413, "volume": 3491362, "typical_volume": 3182043.95, "trend": 23.346393, "fair_value": 15.885064, "relative_strength": 17.823731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.402473, "energy": 18.559684, "activity_lines": [ 24.537721, 24.924239, 24.408692, 23.983839 ] }, { "date": "2025-05-02", "close": 24.551857, "volume": 2073341, "typical_volume": 3095497.1, "trend": 23.442325, "fair_value": 15.971316, "relative_strength": 14.693793, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.984766, "energy": 24.118856, "activity_lines": [ 24.356798, 24.881065, 24.465635, 24.061611 ] }, { "date": "2025-05-09", "close": 25.399933, "volume": 3455808, "typical_volume": 3152059.9, "trend": 23.572947, "fair_value": 16.06377, "relative_strength": 17.770074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.743216, "energy": 21.024028, "activity_lines": [ 24.591433, 24.973582, 24.597087, 24.187908 ] }, { "date": "2025-05-16", "close": 23.873394, "volume": 5469875, "typical_volume": 3328414.1, "trend": 23.66874, "fair_value": 16.146947, "relative_strength": 5.906714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.723013, "energy": 12.225444, "activity_lines": [ 24.441606, 24.754624, 24.574673, 24.207292 ] }, { "date": "2025-05-23", "close": 24.212624, "volume": 1392397, "typical_volume": 3303660.0, "trend": 23.750153, "fair_value": 16.23128, "relative_strength": 8.257435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.698148, "energy": 10.787711, "activity_lines": [ 24.396375, 24.588863, 24.579923, 24.242381 ] }, { "date": "2025-05-30", "close": 23.873394, "volume": 1044261, "typical_volume": 3286189.3, "trend": 23.815442, "fair_value": 16.312673, "relative_strength": 7.997729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.231433, "energy": 6.501843, "activity_lines": [ 24.212625, 24.378385, 24.545394, 24.250332 ] }, { "date": "2025-06-06", "close": 23.873394, "volume": 855945, "typical_volume": 3199684.3, "trend": 23.908024, "fair_value": 16.394066, "relative_strength": 6.304934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.671896, "energy": 10.744106, "activity_lines": [ 24.043009, 24.221106, 24.500769, 24.254071 ] }, { "date": "2025-06-13", "close": 22.813295, "volume": 2163207, "typical_volume": 3163507.75, "trend": 23.894596, "fair_value": 16.467644, "relative_strength": -0.325249, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.751854, "energy": 30.095443, "activity_lines": [ 23.565258, 23.919652, 24.349933, 24.183444 ] }, { "date": "2025-06-20", "close": 23.025314, "volume": 1322911, "typical_volume": 3129187.1, "trend": 23.893182, "fair_value": 16.54258, "relative_strength": 0.679612, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.703054, "energy": 39.61554, "activity_lines": [ 23.330623, 23.737701, 24.222317, 24.127361 ] }, { "date": "2025-06-27", "close": 23.110123, "volume": 1774183, "typical_volume": 3105245.55, "trend": 23.897423, "fair_value": 16.618826, "relative_strength": -1.447114, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.457694, "energy": 42.028503, "activity_lines": [ 23.180796, 23.584276, 24.105201, 24.076841 ] }, { "date": "2025-07-04", "close": 22.876354, "volume": 3780197, "typical_volume": 3134084.6, "trend": 23.88963, "fair_value": 16.694337, "relative_strength": -2.455025, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.522218, "energy": 48.290012, "activity_lines": [ 23.026546, 23.401454, 23.971476, 24.010966 ] }, { "date": "2025-07-11", "close": 22.830324, "volume": 1548542, "typical_volume": 3131588.0, "trend": 23.876063, "fair_value": 16.770319, "relative_strength": -3.601592, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.498399, "energy": 56.588054, "activity_lines": [ 22.923422, 23.232246, 23.833874, 23.942623 ] }, { "date": "2025-07-18", "close": 23.014441, "volume": 1810377, "typical_volume": 3175204.75, "trend": 23.855912, "fair_value": 16.847481, "relative_strength": -5.534505, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.823004, "energy": 51.215651, "activity_lines": [ 22.951208, 23.127814, 23.717159, 23.887035 ] }, { "date": "2025-07-25", "close": 23.612816, "volume": 2392241, "typical_volume": 3236345.6, "trend": 23.879736, "fair_value": 16.929753, "relative_strength": -3.041583, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.690375, "energy": 41.738196, "activity_lines": [ 23.165043, 23.175551, 23.659907, 23.871351 ] }, { "date": "2025-08-01", "close": 23.336643, "volume": 1009503, "typical_volume": 3066520.65, "trend": 23.902835, "fair_value": 17.009745, "relative_strength": -4.363205, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.294536, "energy": 27.02314, "activity_lines": [ 23.247654, 23.177811, 23.575372, 23.836313 ] }, { "date": "2025-08-08", "close": 23.88899, "volume": 1579223, "typical_volume": 2759248.3, "trend": 23.974028, "fair_value": 17.093277, "relative_strength": -4.439554, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.72759, "energy": 19.183566, "activity_lines": [ 23.499278, 23.296426, 23.552055, 23.83542 ] }, { "date": "2025-08-15", "close": 22.277979, "volume": 2952522, "typical_volume": 2541575.2, "trend": 23.957597, "fair_value": 17.168017, "relative_strength": -11.892436, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.817498, "energy": 30.087074, "activity_lines": [ 23.14639, 23.121846, 23.389167, 23.725997 ] }, { "date": "2025-08-22", "close": 22.508123, "volume": 2644744, "typical_volume": 2515125.7, "trend": 23.926223, "fair_value": 17.243957, "relative_strength": -8.812492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.143046, "energy": 41.703737, "activity_lines": [ 22.90704, 23.018118, 23.268516, 23.632483 ] }, { "date": "2025-08-29", "close": 21.679604, "volume": 1600313, "typical_volume": 2284202.8, "trend": 23.864404, "fair_value": 17.315137, "relative_strength": -13.716799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.743762, "energy": 69.174376, "activity_lines": [ 22.425271, 22.769298, 23.091614, 23.48754 ] }, { "date": "2025-09-05", "close": 22.047834, "volume": 1312865, "typical_volume": 2183690.85, "trend": 23.789418, "fair_value": 17.388126, "relative_strength": -13.021044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.323884, "energy": 70.897179, "activity_lines": [ 22.195127, 22.611897, 22.959622, 23.370342 ] }, { "date": "2025-09-12", "close": 22.60018, "volume": 1062582, "typical_volume": 2062251.85, "trend": 23.77666, "fair_value": 17.466034, "relative_strength": -14.092141, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.523498, "energy": 61.645002, "activity_lines": [ 22.235018, 22.574237, 22.888725, 23.293617 ] }, { "date": "2025-09-19", "close": 22.093864, "volume": 676540, "typical_volume": 1992411.8, "trend": 23.72865, "fair_value": 17.541523, "relative_strength": -16.102236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.012755, "energy": 55.178534, "activity_lines": [ 22.192058, 22.449541, 22.776681, 23.185049 ] }, { "date": "2025-09-26", "close": 22.185921, "volume": 874447, "typical_volume": 1863343.75, "trend": 23.683709, "fair_value": 17.617878, "relative_strength": -15.598141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.095615, "energy": 40.325465, "activity_lines": [ 22.192058, 22.354973, 22.685109, 23.085518 ] }, { "date": "2025-10-03", "close": 22.231949, "volume": 735620, "typical_volume": 1626631.0, "trend": 23.644542, "fair_value": 17.694803, "relative_strength": -18.974407, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.591549, "energy": 35.020395, "activity_lines": [ 22.228881, 22.283837, 22.613225, 22.991856 ] }, { "date": "2025-10-10", "close": 22.64621, "volume": 1069774, "typical_volume": 1610499.85, "trend": 23.561232, "fair_value": 17.776588, "relative_strength": -18.896285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.632907, "energy": 27.088287, "activity_lines": [ 22.366968, 22.313128, 22.588611, 22.927448 ] }, { "date": "2025-10-17", "close": 23.290613, "volume": 2005649, "typical_volume": 1658569.25, "trend": 23.444277, "fair_value": 17.86278, "relative_strength": -16.489514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.339023, "energy": 12.521641, "activity_lines": [ 22.679964, 22.472137, 22.632827, 22.909988 ] }, { "date": "2025-10-24", "close": 23.612816, "volume": 900088, "typical_volume": 1660776.4, "trend": 23.346543, "fair_value": 17.953242, "relative_strength": -15.93157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.458354, "energy": 14.55625, "activity_lines": [ 23.054332, 22.700607, 22.710505, 22.920862 ] }, { "date": "2025-10-31", "close": 23.935019, "volume": 1150794, "typical_volume": 1610155.75, "trend": 23.23552, "fair_value": 18.04632, "relative_strength": -16.757967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.87585, "energy": 30.404729, "activity_lines": [ 23.434838, 22.96339, 22.82011, 22.958828 ] }, { "date": "2025-11-07", "close": 24.993683, "volume": 1389465, "typical_volume": 1613483.45, "trend": 23.277103, "fair_value": 18.146736, "relative_strength": -11.209551, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.382268, "energy": 59.960653, "activity_lines": [ 24.051625, 23.392714, 23.025198, 23.072258 ] }, { "date": "2025-11-14", "close": 27.249098, "volume": 6457943, "typical_volume": 1847671.45, "trend": 23.39104, "fair_value": 18.261058, "relative_strength": -2.316486, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 67.588549, "energy": 83.435711, "activity_lines": [ 25.236102, 24.171858, 23.435715, 23.328516 ] }, { "date": "2025-11-21", "close": 28.491879, "volume": 10610253, "typical_volume": 2189174.25, "trend": 23.537922, "fair_value": 18.383072, "relative_strength": 5.73094, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.687643, "energy": 97.043017, "activity_lines": [ 26.527979, 25.082393, 23.944882, 23.657602 ] }, { "date": "2025-11-28", "close": 30.01083, "volume": 3415725, "typical_volume": 2282533.4, "trend": 23.719888, "fair_value": 18.514822, "relative_strength": 6.397961, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.939878, "energy": 97.824542, "activity_lines": [ 27.979423, 26.161979, 24.571971, 24.075209 ] }, { "date": "2025-12-05", "close": 29.734657, "volume": 2379700, "typical_volume": 2310999.55, "trend": 23.864379, "fair_value": 18.643975, "relative_strength": 4.035377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.514939, "energy": 94.00201, "activity_lines": [ 28.912275, 27.047408, 25.138564, 24.463259 ] }, { "date": "2025-12-12", "close": 31.299641, "volume": 5222006, "typical_volume": 2452487.8, "trend": 24.11192, "fair_value": 18.78068, "relative_strength": 8.446983, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.503285, "energy": 95.664063, "activity_lines": [ 29.980145, 28.080129, 25.822203, 24.942953 ] }, { "date": "2025-12-19", "close": 33.278885, "volume": 6656375, "typical_volume": 2734831.4, "trend": 24.414129, "fair_value": 18.930624, "relative_strength": 17.007246, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.547886, "energy": 96.887703, "activity_lines": [ 31.287367, 29.307845, 26.657737, 25.53437 ] }, { "date": "2025-12-26", "close": 32.266247, "volume": 4279424, "typical_volume": 2869841.45, "trend": 24.693891, "fair_value": 19.074627, "relative_strength": 9.79984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.388593, "energy": 85.773766, "activity_lines": [ 31.855056, 30.158124, 27.349485, 26.040958 ] }, { "date": "2026-01-02", "close": 33.186825, "volume": 2888569, "typical_volume": 2866643.8, "trend": 25.004339, "fair_value": 19.224807, "relative_strength": 9.554907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.932686, "energy": 72.000175, "activity_lines": [ 32.47798, 31.012588, 28.089016, 26.58889 ] }, { "date": "2026-01-09", "close": 36.638988, "volume": 5761426, "typical_volume": 3022477.9, "trend": 25.465195, "fair_value": 19.396841, "relative_strength": 16.635601, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.936214, "energy": 76.786672, "activity_lines": [ 34.039893, 32.320644, 29.105377, 27.339512 ] }, { "date": "2026-01-16", "close": 31.207584, "volume": 10394877, "typical_volume": 3462206.1, "trend": 25.737937, "fair_value": 19.534609, "relative_strength": -4.203537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.669368, "energy": 64.775422, "activity_lines": [ 33.331048, 32.410192, 29.537172, 27.709989 ] }, { "date": "2026-01-23", "close": 31.253613, "volume": 2599323, "typical_volume": 3526529.0, "trend": 26.009387, "fair_value": 19.672397, "relative_strength": -5.660089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.645513, "energy": 57.656118, "activity_lines": [ 32.643684, 32.395128, 29.92798, 28.065839 ] }, { "date": "2026-01-30", "close": 29.872746, "volume": 3172655, "typical_volume": 3632032.65, "trend": 26.2426, "fair_value": 19.801884, "relative_strength": -10.001081, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.657855, "energy": 41.518947, "activity_lines": [ 31.631049, 32.056188, 30.143439, 28.315088 ] }, { "date": "2026-02-06", "close": 29.366426, "volume": 1348768, "typical_volume": 3665644.05, "trend": 26.46047, "fair_value": 19.927024, "relative_strength": -10.560455, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.069853, "energy": 29.545396, "activity_lines": [ 30.609207, 31.600084, 30.276046, 28.516625 ] }, { "date": "2026-02-13", "close": 30.056862, "volume": 976943, "typical_volume": 3670768.85, "trend": 26.695218, "fair_value": 20.056864, "relative_strength": -13.264268, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.166805, "energy": 28.552506, "activity_lines": [ 30.072204, 31.281229, 30.439777, 28.74865 ] }, { "date": "2026-02-27", "close": 30.471119, "volume": 1753563, "typical_volume": 3721666.0, "trend": 26.923828, "fair_value": 20.188809, "relative_strength": -16.355024, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.358067, "energy": 26.674381, "activity_lines": [ 30.112095, 31.031836, 30.605481, 28.992257 ] }, { "date": "2026-03-06", "close": 30.056862, "volume": 1651610, "typical_volume": 3750757.8, "trend": 27.147835, "fair_value": 20.31617, "relative_strength": -12.829521, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.281948, "energy": 21.753215, "activity_lines": [ 30.062998, 30.722187, 30.692498, 29.194388 ] }, { "date": "2026-03-13", "close": 32.864624, "volume": 3493114, "typical_volume": 3825131.05, "trend": 27.447023, "fair_value": 20.46208, "relative_strength": -4.022945, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.965192, "energy": 29.174484, "activity_lines": [ 31.029605, 30.981623, 31.011631, 29.563213 ] }, { "date": "2026-03-20", "close": 35.258121, "volume": 5918827, "typical_volume": 4076068.0, "trend": 27.879694, "fair_value": 20.623609, "relative_strength": 2.706498, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 76.308727, "energy": 51.042932, "activity_lines": [ 32.594586, 31.665361, 31.513127, 30.067155 ] }, { "date": "2026-03-27", "close": 34.567688, "volume": 2271631, "typical_volume": 4132109.85, "trend": 28.28168, "fair_value": 20.774924, "relative_strength": 2.319712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.397583, "energy": 69.846439, "activity_lines": [ 33.536643, 32.185905, 31.893413, 30.498639 ] }, { "date": "2026-04-03", "close": 33.278885, "volume": 1904645, "typical_volume": 4157868.85, "trend": 28.668322, "fair_value": 20.918254, "relative_strength": 0.530798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.359189, "energy": 70.263269, "activity_lines": [ 33.748377, 32.509781, 32.100324, 30.821039 ] }, { "date": "2026-04-10", "close": 37.191338, "volume": 4415243, "typical_volume": 4055733.85, "trend": 29.173106, "fair_value": 21.086112, "relative_strength": 3.775677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.143585, "energy": 81.853757, "activity_lines": [ 35.077077, 33.507353, 32.640396, 31.370911 ] }, { "date": "2026-04-17", "close": 37.927799, "volume": 8319221, "typical_volume": 3941182.25, "trend": 29.684026, "fair_value": 21.258416, "relative_strength": 2.20392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.842987, "energy": 82.058324, "activity_lines": [ 36.175633, 34.530868, 33.203263, 31.93573 ] }, { "date": "2026-04-24", "close": 37.053249, "volume": 2396650, "typical_volume": 3890228.5, "trend": 30.182673, "fair_value": 21.424011, "relative_strength": -5.109131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.205677, "energy": 82.379735, "activity_lines": [ 36.645128, 35.248918, 33.637907, 32.411163 ] }, { "date": "2026-05-01", "close": 37.46751, "volume": 1403036, "typical_volume": 3841395.3, "trend": 30.692059, "fair_value": 21.593089, "relative_strength": -3.572784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.463459, "energy": 81.880982, "activity_lines": [ 37.133034, 35.902528, 34.07847, 32.881153 ] }, { "date": "2026-05-08", "close": 36.777077, "volume": 2607544, "typical_volume": 3710672.2, "trend": 31.176896, "fair_value": 21.75719, "relative_strength": -10.93085, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.548344, "energy": 71.564449, "activity_lines": [ 37.197474, 36.295866, 34.416453, 33.273735 ] }, { "date": "2026-05-15", "close": 37.145306, "volume": 6277276, "typical_volume": 3691717.25, "trend": 31.6602, "fair_value": 21.923099, "relative_strength": -8.542707, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.606553, "energy": 50.412428, "activity_lines": [ 37.151444, 36.641501, 34.763423, 33.658794 ] }, { "date": "2026-05-22", "close": 37.007221, "volume": 4500296, "typical_volume": 3702760.85, "trend": 32.11742, "fair_value": 22.087297, "relative_strength": -10.866777, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.361054, "energy": 44.765761, "activity_lines": [ 37.062455, 36.833148, 35.07883, 34.003763 ] }, { "date": "2026-05-29", "close": 37.513538, "volume": 2369532, "typical_volume": 3676809.0, "trend": 32.580777, "fair_value": 22.251434, "relative_strength": -14.156139, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.675364, "energy": 41.904106, "activity_lines": [ 37.20361, 37.041533, 35.419882, 34.351899 ] }, { "date": "2026-06-05", "close": 37.881771, "volume": 3074194, "typical_volume": 3542447.4, "trend": 33.045669, "fair_value": 22.416829, "relative_strength": -13.490425, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.782324, "energy": 42.066865, "activity_lines": [ 37.436824, 37.275862, 35.775401, 34.693899 ] }, { "date": "2026-06-12", "close": 40.505417, "volume": 4408114, "typical_volume": 3243109.25, "trend": 33.562727, "fair_value": 22.598491, "relative_strength": -5.262965, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.103525, "energy": 53.446978, "activity_lines": [ 38.516969, 37.926962, 36.374872, 35.175173 ] }, { "date": "2026-06-19", "close": 38.664261, "volume": 2776246, "typical_volume": 3251955.4, "trend": 33.943232, "fair_value": 22.767248, "relative_strength": -13.692619, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.256299, "energy": 51.518951, "activity_lines": [ 38.734839, 38.111914, 36.75472, 35.504304 ] }, { "date": "2026-06-26", "close": 40.450001, "volume": 5841296, "typical_volume": 3385387.45, "trend": 34.341836, "fair_value": 22.948004, "relative_strength": -5.612961, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.505169, "energy": 63.729284, "activity_lines": [ 39.446692, 38.594766, 37.269349, 35.924096 ] }, { "date": "2026-07-03", "close": 40.25, "volume": 1917398, "typical_volume": 3413818.95, "trend": 34.683142, "fair_value": 23.127201, "relative_strength": -10.221497, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.535609, "energy": 64.002639, "activity_lines": [ 39.862359, 38.995396, 37.714563, 36.305268 ] }, { "date": "2026-07-10", "close": 41.200001, "volume": 0, "typical_volume": 3364971.8, "trend": 35.06532, "fair_value": 23.312489, "relative_strength": -5.010711, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.571745, "energy": 66.69757, "activity_lines": [ 40.412263, 39.510631, 38.198427, 36.72571 ] }, { "date": "2026-07-17", "close": 41.599998, "volume": 2029250, "typical_volume": 3378756.15, "trend": 35.408665, "fair_value": 23.500065, "relative_strength": 2.001451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.839285, "energy": 74.98247, "activity_lines": [ 40.874284, 40.030729, 38.667323, 37.147302 ] }, { "date": "2026-07-24", "close": 43.549999, "volume": 4383772, "typical_volume": 3515364.25, "trend": 35.751036, "fair_value": 23.700141, "relative_strength": 4.348828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.827668, "energy": 80.036252, "activity_lines": [ 41.913333, 40.817683, 39.268939, 37.672549 ] }, { "date": "2026-07-31", "close": 42.900002, "volume": 2381262, "typical_volume": 3459771.65, "trend": 36.105494, "fair_value": 23.896092, "relative_strength": 4.099906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.468925, "energy": 75.221548, "activity_lines": [ 42.41, 41.370007, 39.744397, 38.133773 ] }, { "date": "2026-08-07", "close": 43.25, "volume": 2216021, "typical_volume": 3274631.35, "trend": 36.440934, "fair_value": 24.092806, "relative_strength": 2.361115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.073288, "energy": 65.508334, "activity_lines": [ 42.86, 41.878825, 40.205401, 38.594709 ] }, { "date": "2026-08-14", "close": 48.450001, "volume": 6110865, "typical_volume": 3466593.05, "trend": 36.834634, "fair_value": 24.3193, "relative_strength": 10.560045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.867427, "energy": 84.79753, "activity_lines": [ 44.843334, 43.228799, 41.123587, 39.369488 ] } ], "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." } } }