{ "ticker": { "uuid": "a741392d-60c3-4b49-a448-654b1820c128", "symbol": "6498", "name": "Powertip Image Corp", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "down", "architecture_direction": -63.707, "architecture_energy": 75.418, "architecture_maturity": 17.221, "architecture_confidence": 81.198, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 22.81, "rotation_up": 8.29, "upward_expansion": 17.2, "deceleration": 37.07, "rotation_down": 74.62, "downward_expansion": 90.53 }, "activity_lines": [ 74.586667, 80.343762, 86.31532, 86.997 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 74.800003, "trend_reference": 87.003808, "distance_from_trend": -0.140267, "trend_direction": "Weakening", "fair_value": 85.467209, "distance_from_fair_value": -0.124811, "fair_value_direction": "Weakening", "relative_strength": -40.806504, "relative_strength_direction": "Weakening", "price_momentum": -0.072971, "excess_performance": -0.514343, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.140267, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.004867, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.124811, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.366356, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.408065, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.105635, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.072971, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.013413, "read": "Demand-led" } ], "volume": { "latest": 553077, "relative_activity": 0.506037, "balance": 1.013413, "dry_up": 0.68818, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.122297, "annualized_volatility": 0.437768, "from_high_reference": -0.396005, "from_low_reference": 0.113095 }, "levels": { "trend_reference": 87.003808, "fair_value_reference": 85.467209, "structural_low": 67.199997, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.110012, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.041639, "regime_survival": 0.5, "best_return": 0.20197, "worst_return": 0.018054, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.177952, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.027672, "regime_survival": 0.0, "best_return": 0.177952, "worst_return": 0.177952, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.057638, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.465337, "regime_survival": 0.0, "best_return": -0.057638, "worst_return": -0.057638, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.078124, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -1.085463, "regime_survival": 0.0, "best_return": -0.078124, "worst_return": -0.078124, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-24", "end": "2024-03-22", "tenure": "Established", "return": 0.312388, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-29", "end": "2024-06-14", "tenure": "Developing", "return": 0.139535, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-08-09", "tenure": "Developing", "return": 0.001202, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.001175, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-03-21", "tenure": "Extended", "return": 0.384529, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.181148, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.018054, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.140187, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-09-19", "tenure": "Established", "return": -0.140426, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2026-03-13", "tenure": "Established", "return": -0.0659, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": 0.111111, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": -0.107981, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.163136, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": 0.082489, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 36.682899, "volume": 1056221, "typical_volume": 628427.3, "trend": 26.553678, "fair_value": 23.832215, "relative_strength": 44.257936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.510399, "energy": 73.544901, "activity_lines": [ 34.394504, 33.166546, 30.466643, 28.784429 ] }, { "date": "2023-08-18", "close": 39.554115, "volume": 1567402, "typical_volume": 687031.25, "trend": 27.186487, "fair_value": 23.968808, "relative_strength": 55.645948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.708062, "energy": 85.938708, "activity_lines": [ 36.282933, 34.564362, 31.515747, 29.623166 ] }, { "date": "2023-08-25", "close": 39.251381, "volume": 1762513, "typical_volume": 763880.85, "trend": 27.796348, "fair_value": 24.109503, "relative_strength": 51.927955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.350914, "energy": 77.546757, "activity_lines": [ 37.676195, 35.686633, 32.469901, 30.401547 ] }, { "date": "2023-09-01", "close": 40.881199, "volume": 792057, "typical_volume": 767270.55, "trend": 28.437682, "fair_value": 24.258307, "relative_strength": 54.783828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.830711, "energy": 88.581878, "activity_lines": [ 39.127235, 36.915169, 33.514805, 31.245731 ] }, { "date": "2023-09-08", "close": 43.144833, "volume": 402416, "typical_volume": 738171.7, "trend": 29.11733, "fair_value": 24.423972, "relative_strength": 61.815801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.988206, "energy": 92.96413, "activity_lines": [ 40.852949, 38.346485, 34.705508, 32.194579 ] }, { "date": "2023-09-15", "close": 45.544281, "volume": 1328049, "typical_volume": 775351.6, "trend": 29.902671, "fair_value": 24.598355, "relative_strength": 64.917426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.048311, "energy": 86.174135, "activity_lines": [ 42.733414, 39.978142, 36.037638, 33.254382 ] }, { "date": "2023-09-22", "close": 45.091553, "volume": 805912, "typical_volume": 805258.95, "trend": 30.668637, "fair_value": 24.773756, "relative_strength": 66.516478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.59344, "energy": 75.99555, "activity_lines": [ 43.872211, 41.307153, 37.224049, 34.23431 ] }, { "date": "2023-09-29", "close": 43.959736, "volume": 560364, "typical_volume": 804020.65, "trend": 31.36402, "fair_value": 24.93759, "relative_strength": 60.070363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.839317, "energy": 67.32684, "activity_lines": [ 44.264573, 42.222173, 38.201408, 35.091801 ] }, { "date": "2023-10-06", "close": 45.725368, "volume": 576113, "typical_volume": 790503.65, "trend": 32.111116, "fair_value": 25.10608, "relative_strength": 62.337319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.796242, "energy": 69.151938, "activity_lines": [ 44.931589, 43.240204, 39.251459, 36.018339 ] }, { "date": "2023-10-13", "close": 45.04628, "volume": 185111, "typical_volume": 764855.5, "trend": 32.804149, "fair_value": 25.266495, "relative_strength": 55.135435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.691407, "energy": 64.956824, "activity_lines": [ 45.049298, 43.915814, 40.140922, 36.852866 ] }, { "date": "2023-10-20", "close": 44.367191, "volume": 465799, "typical_volume": 763602.75, "trend": 33.444549, "fair_value": 25.425299, "relative_strength": 53.694659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.374267, "energy": 62.289188, "activity_lines": [ 44.81388, 44.257456, 40.876093, 37.598868 ] }, { "date": "2023-10-27", "close": 43.507011, "volume": 351542, "typical_volume": 744401.1, "trend": 34.039134, "fair_value": 25.547434, "relative_strength": 51.436121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.510209, "energy": 56.729205, "activity_lines": [ 44.370209, 44.302986, 41.442345, 38.24806 ] }, { "date": "2023-11-03", "close": 43.461739, "volume": 190241, "typical_volume": 694857.4, "trend": 34.630781, "fair_value": 25.67457, "relative_strength": 45.767257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.479993, "energy": 45.499587, "activity_lines": [ 44.017083, 44.268414, 41.927712, 38.85597 ] }, { "date": "2023-11-10", "close": 45.182102, "volume": 243672, "typical_volume": 694966.95, "trend": 35.262632, "fair_value": 25.796666, "relative_strength": 47.777237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.677985, "energy": 45.24091, "activity_lines": [ 44.270611, 44.470084, 42.507095, 39.5367 ] }, { "date": "2023-11-17", "close": 49.618816, "volume": 751029, "typical_volume": 709424.1, "trend": 36.088085, "fair_value": 25.958175, "relative_strength": 54.803518, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.846583, "energy": 61.39742, "activity_lines": [ 46.039261, 45.400231, 43.433858, 40.462905 ] }, { "date": "2023-11-24", "close": 50.433723, "volume": 851551, "typical_volume": 716323.95, "trend": 36.96927, "fair_value": 26.13157, "relative_strength": 54.063575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.157852, "energy": 74.983127, "activity_lines": [ 47.774712, 46.360833, 44.345614, 41.38843 ] }, { "date": "2023-12-01", "close": 60.393703, "volume": 1448554, "typical_volume": 742184.15, "trend": 38.188169, "fair_value": 26.366068, "relative_strength": 78.855945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.129341, "energy": 94.248048, "activity_lines": [ 52.42572, 49.043443, 46.12495, 42.899684 ] }, { "date": "2023-12-08", "close": 63.291157, "volume": 620824, "typical_volume": 733628.6, "trend": 39.500793, "fair_value": 26.617964, "relative_strength": 83.85256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.711583, "energy": 97.128798, "activity_lines": [ 56.916767, 51.974641, 48.052837, 44.519232 ] }, { "date": "2023-12-15", "close": 59.759892, "volume": 507881, "typical_volume": 742005.75, "trend": 40.639997, "fair_value": 26.852122, "relative_strength": 67.457224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.929051, "energy": 90.828113, "activity_lines": [ 58.908764, 53.91231, 49.495259, 45.82627 ] }, { "date": "2023-12-22", "close": 63.653339, "volume": 482465, "typical_volume": 747485.8, "trend": 41.887556, "fair_value": 27.11163, "relative_strength": 75.307029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.101872, "energy": 93.602551, "activity_lines": [ 61.226724, 56.302706, 51.184311, 47.311002 ] }, { "date": "2023-12-29", "close": 65.826424, "volume": 409172, "typical_volume": 715133.35, "trend": 43.211837, "fair_value": 27.388595, "relative_strength": 74.248123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.986344, "energy": 92.878328, "activity_lines": [ 63.333411, 58.749899, 52.936588, 48.855445 ] }, { "date": "2024-01-05", "close": 65.645325, "volume": 387144, "typical_volume": 656120.45, "trend": 44.485799, "fair_value": 27.66048, "relative_strength": 73.985677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.863652, "energy": 83.338531, "activity_lines": [ 64.353552, 60.773996, 54.532839, 50.302767 ] }, { "date": "2024-01-12", "close": 67.184601, "volume": 197946, "typical_volume": 577892.1, "trend": 45.765359, "fair_value": 27.934199, "relative_strength": 74.175487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.282919, "energy": 71.377201, "activity_lines": [ 65.536676, 62.675446, 56.151444, 51.767206 ] }, { "date": "2024-01-19", "close": 68.09005, "volume": 320318, "typical_volume": 554305.15, "trend": 47.055103, "fair_value": 28.213918, "relative_strength": 71.157564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.366714, "energy": 70.329715, "activity_lines": [ 66.762054, 64.310199, 57.723266, 53.207508 ] }, { "date": "2024-01-26", "close": 75.876953, "volume": 999854, "typical_volume": 584177.05, "trend": 48.578697, "fair_value": 28.548451, "relative_strength": 83.007993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.376378, "energy": 74.716569, "activity_lines": [ 70.027723, 66.944245, 59.907132, 55.066983 ] }, { "date": "2024-02-02", "close": 78.412216, "volume": 211711, "typical_volume": 528360.15, "trend": 50.078238, "fair_value": 28.88454, "relative_strength": 83.90761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.974229, "energy": 74.299548, "activity_lines": [ 73.323571, 69.561827, 62.176585, 56.991726 ] }, { "date": "2024-02-09", "close": 78.231133, "volume": 14566, "typical_volume": 488792.85, "trend": 51.5646, "fair_value": 29.197131, "relative_strength": 78.943046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.999065, "energy": 71.896263, "activity_lines": [ 75.720006, 71.637784, 64.272278, 58.808042 ] }, { "date": "2024-02-16", "close": 74.428223, "volume": 147803, "typical_volume": 468164.8, "trend": 52.979908, "fair_value": 29.482405, "relative_strength": 62.235904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.909936, "energy": 67.475258, "activity_lines": [ 76.00975, 72.697987, 65.847981, 60.283114 ] }, { "date": "2024-02-23", "close": 79.679855, "volume": 519858, "typical_volume": 465352.05, "trend": 54.513132, "fair_value": 29.798992, "relative_strength": 67.444336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.200594, "energy": 69.646293, "activity_lines": [ 77.56713, 74.510539, 67.778752, 62.005691 ] }, { "date": "2024-03-01", "close": 79.046043, "volume": 102869, "typical_volume": 461239.95, "trend": 56.032371, "fair_value": 30.105049, "relative_strength": 62.36272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.865645, "energy": 68.402269, "activity_lines": [ 78.140586, 75.845672, 69.487472, 63.58846 ] }, { "date": "2024-03-08", "close": 77.687859, "volume": 169878, "typical_volume": 446443.9, "trend": 57.399203, "fair_value": 30.41259, "relative_strength": 50.001595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.479731, "energy": 64.396725, "activity_lines": [ 78.050041, 76.653995, 70.904937, 64.985588 ] }, { "date": "2024-03-15", "close": 66.822418, "volume": 2054774, "typical_volume": 531605.5, "trend": 58.308147, "fair_value": 30.648521, "relative_strength": 27.980089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.561124, "energy": 44.390174, "activity_lines": [ 74.385973, 75.271121, 71.128928, 65.593537 ] }, { "date": "2024-03-22", "close": 66.188599, "volume": 243678, "typical_volume": 534277.35, "trend": 59.206054, "fair_value": 30.880977, "relative_strength": 21.850885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.68715, "energy": 26.051347, "activity_lines": [ 71.271212, 73.751606, 71.18153, 66.101954 ] }, { "date": "2024-03-29", "close": 66.188599, "volume": 311539, "typical_volume": 537670.7, "trend": 60.049634, "fair_value": 31.117743, "relative_strength": 20.041414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.702077, "energy": 28.901866, "activity_lines": [ 68.70576, 72.250199, 71.125909, 66.55244 ] }, { "date": "2024-04-05", "close": 66.731873, "volume": 308704, "typical_volume": 515554.45, "trend": 60.835869, "fair_value": 31.351918, "relative_strength": 19.369394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.890024, "energy": 25.452679, "activity_lines": [ 67.220817, 70.882141, 71.021997, 66.983553 ] }, { "date": "2024-04-12", "close": 72.255142, "volume": 328825, "typical_volume": 489418.15, "trend": 61.726231, "fair_value": 31.608174, "relative_strength": 25.153284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.542861, "energy": 20.627952, "activity_lines": [ 68.397908, 70.684589, 71.36262, 67.72028 ] }, { "date": "2024-04-19", "close": 67.00351, "volume": 485016, "typical_volume": 441241.25, "trend": 62.456629, "fair_value": 31.834685, "relative_strength": 21.699815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.41916, "energy": 12.719393, "activity_lines": [ 68.186636, 69.644141, 71.099177, 68.06075 ] }, { "date": "2024-04-26", "close": 68.904961, "volume": 186740, "typical_volume": 419537.05, "trend": 63.288137, "fair_value": 32.074168, "relative_strength": 19.921273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.654812, "energy": 9.991172, "activity_lines": [ 68.597108, 69.15355, 70.985348, 68.476771 ] }, { "date": "2024-05-03", "close": 74.156593, "volume": 234683, "typical_volume": 405877.15, "trend": 64.235844, "fair_value": 32.351627, "relative_strength": 25.929058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.793318, "energy": 23.543487, "activity_lines": [ 70.577033, 69.718224, 71.344943, 69.177962 ] }, { "date": "2024-05-10", "close": 72.526772, "volume": 204707, "typical_volume": 391989.25, "trend": 65.151861, "fair_value": 32.620597, "relative_strength": 19.357263, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.115448, "energy": 21.259227, "activity_lines": [ 71.482485, 70.086989, 71.48076, 69.71286 ] }, { "date": "2024-05-17", "close": 75.786407, "volume": 223439, "typical_volume": 382702.6, "trend": 66.199168, "fair_value": 32.9183, "relative_strength": 19.937993, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.797771, "energy": 32.61724, "activity_lines": [ 73.088156, 71.166948, 71.884765, 70.39896 ] }, { "date": "2024-05-24", "close": 74.880951, "volume": 222565, "typical_volume": 374473.65, "trend": 67.244966, "fair_value": 33.24155, "relative_strength": 15.412494, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.496291, "energy": 39.072442, "activity_lines": [ 74.15659, 72.116851, 72.155107, 70.959075 ] }, { "date": "2024-05-31", "close": 75.605316, "volume": 222624, "typical_volume": 375707.55, "trend": 68.316418, "fair_value": 33.561998, "relative_strength": 17.177038, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.673855, "energy": 47.03274, "activity_lines": [ 74.941316, 73.051937, 72.450458, 71.498452 ] }, { "date": "2024-06-07", "close": 74.247139, "volume": 197230, "typical_volume": 369553.15, "trend": 69.285253, "fair_value": 33.873739, "relative_strength": 10.237176, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.183328, "energy": 43.494953, "activity_lines": [ 74.826627, 73.568869, 72.576359, 71.88108 ] }, { "date": "2024-06-14", "close": 75.424232, "volume": 138710, "typical_volume": 326495.95, "trend": 70.145434, "fair_value": 34.193026, "relative_strength": 7.636144, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.074966, "energy": 46.250969, "activity_lines": [ 75.098265, 74.1533, 72.785045, 72.277143 ] }, { "date": "2024-06-21", "close": 77.611, "volume": 177615, "typical_volume": 324791.15, "trend": 71.051343, "fair_value": 34.525938, "relative_strength": 6.123388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.392566, "energy": 46.215976, "activity_lines": [ 75.905662, 74.977281, 73.204151, 72.758792 ] }, { "date": "2024-06-28", "close": 78.357262, "volume": 122978, "typical_volume": 330211.75, "trend": 71.650128, "fair_value": 34.859716, "relative_strength": 7.112456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.979572, "energy": 47.925203, "activity_lines": [ 76.840173, 75.839567, 73.698144, 73.230142 ] }, { "date": "2024-07-05", "close": 79.290077, "volume": 231935, "typical_volume": 334418.35, "trend": 72.183425, "fair_value": 35.199865, "relative_strength": 5.109452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.284246, "energy": 57.509459, "activity_lines": [ 77.853869, 76.665024, 74.280376, 73.723042 ] }, { "date": "2024-07-12", "close": 79.290077, "volume": 150507, "typical_volume": 315950.8, "trend": 72.834432, "fair_value": 35.537075, "relative_strength": 2.681753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.002075, "energy": 61.675104, "activity_lines": [ 78.621914, 77.301661, 74.839457, 74.181535 ] }, { "date": "2024-07-19", "close": 79.103523, "volume": 104902, "typical_volume": 316052.45, "trend": 73.349438, "fair_value": 35.854278, "relative_strength": 6.133121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.957459, "energy": 63.775708, "activity_lines": [ 78.991579, 77.811043, 75.382627, 74.585993 ] }, { "date": "2024-07-26", "close": 77.797562, "volume": 98915, "typical_volume": 312504.3, "trend": 73.748476, "fair_value": 36.164285, "relative_strength": 6.930175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.144511, "energy": 53.70549, "activity_lines": [ 78.680637, 77.9634, 75.801145, 74.872969 ] }, { "date": "2024-08-02", "close": 75.838631, "volume": 189742, "typical_volume": 219252.7, "trend": 74.088253, "fair_value": 36.458796, "relative_strength": 5.618135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.764773, "energy": 31.237303, "activity_lines": [ 77.70428, 77.723021, 76.032577, 75.007817 ] }, { "date": "2024-08-09", "close": 77.704285, "volume": 256441, "typical_volume": 219890.85, "trend": 74.438909, "fair_value": 36.771145, "relative_strength": 8.184865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.568726, "energy": 23.980271, "activity_lines": [ 77.517717, 77.80444, 76.398755, 75.24111 ] }, { "date": "2024-08-16", "close": 79.383362, "volume": 321350, "typical_volume": 220381.4, "trend": 74.815352, "fair_value": 37.099939, "relative_strength": 5.479558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.435965, "energy": 27.668812, "activity_lines": [ 77.996566, 78.152982, 76.870009, 75.560107 ] }, { "date": "2024-08-23", "close": 79.476639, "volume": 134178, "typical_volume": 211655.1, "trend": 74.935342, "fair_value": 37.432858, "relative_strength": 5.786974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.321416, "energy": 33.252396, "activity_lines": [ 78.500288, 78.425098, 77.287315, 75.860835 ] }, { "date": "2024-08-30", "close": 83.207939, "volume": 170301, "typical_volume": 203728.9, "trend": 75.095199, "fair_value": 37.792831, "relative_strength": 9.411535, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.568343, "energy": 60.510543, "activity_lines": [ 80.222903, 79.301952, 77.999292, 76.394551 ] }, { "date": "2024-09-06", "close": 79.756493, "volume": 83537, "typical_volume": 183654.95, "trend": 75.146045, "fair_value": 38.123593, "relative_strength": 8.266633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.678228, "energy": 56.29109, "activity_lines": [ 80.434343, 79.449508, 78.330405, 76.695279 ] }, { "date": "2024-09-13", "close": 82.275116, "volume": 62396, "typical_volume": 177437.75, "trend": 75.407608, "fair_value": 38.474255, "relative_strength": 9.353551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.606505, "energy": 61.048195, "activity_lines": [ 81.224134, 80.029555, 78.840658, 77.15522 ] }, { "date": "2024-09-20", "close": 84.60717, "volume": 143686, "typical_volume": 172887.9, "trend": 75.571852, "fair_value": 38.850471, "relative_strength": 9.777651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.236378, "energy": 71.177464, "activity_lines": [ 82.486554, 80.979338, 79.509343, 77.74874 ] }, { "date": "2024-09-27", "close": 83.301231, "volume": 115599, "typical_volume": 168432.5, "trend": 75.713691, "fair_value": 39.232897, "relative_strength": 4.386482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.68834, "energy": 58.09164, "activity_lines": [ 82.965407, 81.595003, 80.00389, 78.247409 ] }, { "date": "2024-10-04", "close": 83.301231, "volume": 51519, "typical_volume": 159836.5, "trend": 75.900804, "fair_value": 39.615985, "relative_strength": 6.25542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.66978, "energy": 58.195331, "activity_lines": [ 83.189288, 82.134346, 80.447129, 78.736928 ] }, { "date": "2024-10-11", "close": 86.192986, "volume": 83138, "typical_volume": 152865.15, "trend": 76.546489, "fair_value": 40.040366, "relative_strength": 6.440118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.129773, "energy": 64.748454, "activity_lines": [ 84.370867, 83.099397, 81.129988, 79.40094 ] }, { "date": "2024-10-18", "close": 94.681686, "volume": 317278, "typical_volume": 157597.85, "trend": 77.496259, "fair_value": 40.515848, "relative_strength": 13.187187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.569811, "energy": 80.613958, "activity_lines": [ 87.952913, 85.419586, 82.567428, 80.570952 ] }, { "date": "2024-10-25", "close": 102.144279, "volume": 318759, "typical_volume": 163674.3, "trend": 78.694782, "fair_value": 41.04469, "relative_strength": 21.73122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.492507, "energy": 92.744036, "activity_lines": [ 93.195386, 88.78793, 84.624752, 82.161147 ] }, { "date": "2024-11-01", "close": 95.61451, "volume": 259198, "typical_volume": 169698.7, "trend": 79.657536, "fair_value": 41.533221, "relative_strength": 15.822765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.374146, "energy": 83.746348, "activity_lines": [ 95.092128, 90.555209, 85.927349, 83.252743 ] }, { "date": "2024-11-08", "close": 99.812218, "volume": 191650, "typical_volume": 170400.45, "trend": 80.576105, "fair_value": 42.048881, "relative_strength": 15.994172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.689155, "energy": 89.100294, "activity_lines": [ 97.567222, 92.792292, 87.533584, 84.553045 ] }, { "date": "2024-11-15", "close": 100.278633, "volume": 125707, "typical_volume": 170536.9, "trend": 81.685276, "fair_value": 42.557369, "relative_strength": 19.730736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.340284, "energy": 84.366671, "activity_lines": [ 99.097054, 94.812281, 89.078519, 85.824176 ] }, { "date": "2024-11-22", "close": 95.61451, "volume": 78793, "typical_volume": 162879.8, "trend": 82.575594, "fair_value": 43.038167, "relative_strength": 12.61733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.089348, "energy": 57.905384, "activity_lines": [ 98.133136, 95.611118, 90.074864, 86.722836 ] }, { "date": "2024-11-29", "close": 93.282448, "volume": 95431, "typical_volume": 160126.0, "trend": 83.213123, "fair_value": 43.488994, "relative_strength": 12.613449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.915726, "energy": 48.461066, "activity_lines": [ 96.329675, 95.743409, 90.771373, 87.413601 ] }, { "date": "2024-12-06", "close": 97.946564, "volume": 158914, "typical_volume": 162826.6, "trend": 84.060449, "fair_value": 43.97723, "relative_strength": 13.158304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.378492, "energy": 44.680686, "activity_lines": [ 96.671708, 96.565989, 91.845454, 88.364145 ] }, { "date": "2024-12-13", "close": 109.606873, "volume": 433345, "typical_volume": 179548.1, "trend": 85.187798, "fair_value": 44.533584, "relative_strength": 26.679165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.668994, "energy": 54.001634, "activity_lines": [ 100.745041, 99.242347, 93.940311, 90.012302 ] }, { "date": "2024-12-20", "close": 120.800766, "volume": 378726, "typical_volume": 188997.3, "trend": 86.718459, "fair_value": 45.130764, "relative_strength": 41.514759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.377427, "energy": 65.826936, "activity_lines": [ 107.896695, 103.475673, 96.94978, 92.309912 ] }, { "date": "2024-12-27", "close": 123.599243, "volume": 161377, "typical_volume": 184244.1, "trend": 88.318256, "fair_value": 45.758033, "relative_strength": 38.877153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.851839, "energy": 91.557945, "activity_lines": [ 114.613032, 107.588581, 100.011665, 94.689318 ] }, { "date": "2025-01-03", "close": 120.800766, "volume": 55793, "typical_volume": 170966.25, "trend": 89.870044, "fair_value": 46.368911, "relative_strength": 36.859013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.674278, "energy": 89.287781, "activity_lines": [ 118.530894, 110.666902, 102.588481, 96.784964 ] }, { "date": "2025-01-10", "close": 122.200005, "volume": 69586, "typical_volume": 167736.65, "trend": 91.429236, "fair_value": 46.991629, "relative_strength": 36.814703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.08886, "energy": 88.647656, "activity_lines": [ 121.080615, 113.66042, 105.101333, 98.870768 ] }, { "date": "2025-01-17", "close": 115.203819, "volume": 168347, "typical_volume": 167638.95, "trend": 92.68233, "fair_value": 47.574582, "relative_strength": 27.511459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.738494, "energy": 78.082327, "activity_lines": [ 119.681378, 114.898532, 106.744436, 100.404612 ] }, { "date": "2025-01-24", "close": 112.871765, "volume": 27080, "typical_volume": 164816.1, "trend": 93.832814, "fair_value": 48.163795, "relative_strength": 22.575393, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.338625, "energy": 56.888113, "activity_lines": [ 117.131659, 115.432787, 108.013078, 101.707156 ] }, { "date": "2025-02-07", "close": 124.532066, "volume": 136968, "typical_volume": 168544.7, "trend": 95.34088, "fair_value": 48.828416, "relative_strength": 34.871977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.948964, "energy": 59.373508, "activity_lines": [ 118.997308, 117.858131, 110.234533, 103.687753 ] }, { "date": "2025-02-14", "close": 130.129013, "volume": 205497, "typical_volume": 171635.25, "trend": 97.035511, "fair_value": 49.536426, "relative_strength": 42.015019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.590559, "energy": 61.823713, "activity_lines": [ 122.666418, 120.775328, 112.787806, 105.932148 ] }, { "date": "2025-02-21", "close": 131.994659, "volume": 37079, "typical_volume": 167709.25, "trend": 98.798549, "fair_value": 50.242478, "relative_strength": 39.485674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.783132, "energy": 65.876462, "activity_lines": [ 126.335526, 123.361795, 115.30199, 108.187577 ] }, { "date": "2025-02-28", "close": 134.326736, "volume": 152483, "typical_volume": 172757.45, "trend": 100.682855, "fair_value": 50.962153, "relative_strength": 44.994417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.971252, "energy": 78.2091, "activity_lines": [ 130.129017, 125.75322, 117.806403, 110.479718 ] }, { "date": "2025-03-07", "close": 125.931305, "volume": 124876, "typical_volume": 174844.35, "trend": 102.352611, "fair_value": 51.61586, "relative_strength": 37.878807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.454912, "energy": 64.812547, "activity_lines": [ 129.849169, 126.168751, 119.268272, 112.108651 ] }, { "date": "2025-03-14", "close": 120.334351, "volume": 207715, "typical_volume": 169366.2, "trend": 103.773613, "fair_value": 52.238991, "relative_strength": 34.406355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.093394, "energy": 50.073663, "activity_lines": [ 126.833034, 125.473372, 120.007868, 113.268763 ] }, { "date": "2025-03-21", "close": 115.203819, "volume": 78925, "typical_volume": 157374.5, "trend": 104.967628, "fair_value": 52.839839, "relative_strength": 26.2119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.123609, "energy": 31.850879, "activity_lines": [ 122.38657, 123.90453, 120.136686, 114.006196 ] }, { "date": "2025-03-28", "close": 113.804588, "volume": 49490, "typical_volume": 146889.1, "trend": 106.111893, "fair_value": 53.43238, "relative_strength": 26.99163, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.376281, "energy": 27.591416, "activity_lines": [ 118.468708, 122.183046, 120.070056, 114.576322 ] }, { "date": "2025-04-04", "close": 108.207642, "volume": 51099, "typical_volume": 139861.55, "trend": 106.945216, "fair_value": 53.964742, "relative_strength": 21.449186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.620894, "energy": 23.484125, "activity_lines": [ 113.897868, 119.596578, 119.383764, 114.711532 ] }, { "date": "2025-04-11", "close": 93.189171, "volume": 322735, "typical_volume": 149712.95, "trend": 107.392972, "fair_value": 54.395528, "relative_strength": 13.293403, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -46.691402, "energy": 47.080471, "activity_lines": [ 106.062145, 114.406683, 117.227164, 113.824045 ] }, { "date": "2025-04-18", "close": 93.002594, "volume": 128808, "typical_volume": 152213.7, "trend": 107.750555, "fair_value": 54.82777, "relative_strength": 13.168974, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.330161, "energy": 65.162615, "activity_lines": [ 100.347038, 109.54073, 115.086553, 112.895633 ] }, { "date": "2025-04-25", "close": 93.282448, "volume": 113799, "typical_volume": 153132.1, "trend": 108.039731, "fair_value": 55.262027, "relative_strength": 10.14972, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.071989, "energy": 71.085379, "activity_lines": [ 96.547333, 105.298923, 112.985033, 111.962207 ] }, { "date": "2025-05-02", "close": 87.592224, "volume": 417507, "typical_volume": 166061.75, "trend": 108.182764, "fair_value": 55.68411, "relative_strength": -1.472451, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.634437, "energy": 77.889185, "activity_lines": [ 92.312312, 100.692467, 110.341587, 110.643013 ] }, { "date": "2025-05-09", "close": 78.543816, "volume": 674883, "typical_volume": 178138.65, "trend": 108.024183, "fair_value": 56.043772, "relative_strength": -12.231193, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.880404, "energy": 83.916801, "activity_lines": [ 86.808645, 95.248163, 106.885694, 108.730823 ] }, { "date": "2025-05-16", "close": 94.681686, "volume": 787824, "typical_volume": 198593.55, "trend": 108.30714, "fair_value": 56.51108, "relative_strength": 0.92652, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.418551, "energy": 74.535004, "activity_lines": [ 88.661857, 93.752252, 105.11466, 107.870017 ] }, { "date": "2025-05-23", "close": 99.812218, "volume": 3233145, "typical_volume": 352181.95, "trend": 108.478158, "fair_value": 57.011717, "relative_strength": 6.836375, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.853635, "energy": 50.128986, "activity_lines": [ 92.125745, 93.75734, 103.956625, 107.321957 ] }, { "date": "2025-05-30", "close": 112.871765, "volume": 3509937, "typical_volume": 524889.15, "trend": 108.835741, "fair_value": 57.594081, "relative_strength": 21.557395, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.995094, "energy": 22.883143, "activity_lines": [ 99.488841, 96.510021, 104.155628, 107.605416 ] }, { "date": "2025-06-06", "close": 111.472527, "volume": 3914069, "typical_volume": 717113.3, "trend": 109.364341, "fair_value": 58.167917, "relative_strength": 17.495232, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.448076, "energy": 23.564449, "activity_lines": [ 105.079569, 99.050696, 104.259127, 107.775531 ] }, { "date": "2025-06-13", "close": 113.804588, "volume": 4446700, "typical_volume": 931030.95, "trend": 109.830754, "fair_value": 58.757145, "relative_strength": 16.810564, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 7.268571, "energy": 22.386978, "activity_lines": [ 109.855631, 102.057783, 104.635811, 108.061999 ] }, { "date": "2025-06-20", "close": 111.934212, "volume": 2224159, "typical_volume": 1040884.9, "trend": 110.219273, "fair_value": 59.337917, "relative_strength": 14.174051, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.347207, "energy": 22.156397, "activity_lines": [ 111.657516, 104.623039, 104.841026, 108.197706 ] }, { "date": "2025-06-27", "close": 119.555267, "volume": 1951397, "typical_volume": 1131606.35, "trend": 111.017298, "fair_value": 59.976159, "relative_strength": 18.062613, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.968241, "energy": 28.359906, "activity_lines": [ 114.849584, 108.233123, 105.776521, 108.800028 ] }, { "date": "2025-07-04", "close": 108.599998, "volume": 1229851, "typical_volume": 1182824.05, "trend": 111.527883, "fair_value": 60.553896, "relative_strength": 6.75161, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.137257, "energy": 19.899213, "activity_lines": [ 113.073693, 109.368563, 105.692356, 108.644073 ] }, { "date": "2025-07-11", "close": 110.505264, "volume": 1012162, "typical_volume": 1231578.2, "trend": 111.946506, "fair_value": 61.151136, "relative_strength": 6.972788, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.874766, "energy": 15.796429, "activity_lines": [ 112.217675, 110.571915, 105.892164, 108.578097 ] }, { "date": "2025-07-18", "close": 109.552635, "volume": 934523, "typical_volume": 1270680.2, "trend": 111.944699, "fair_value": 61.748677, "relative_strength": 2.5886, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.12277, "energy": 13.01369, "activity_lines": [ 111.108598, 111.18546, 106.103576, 108.423654 ] }, { "date": "2025-07-25", "close": 111.457893, "volume": 1666902, "typical_volume": 1347781.5, "trend": 111.633269, "fair_value": 62.362407, "relative_strength": 3.882812, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.656448, "energy": 10.133231, "activity_lines": [ 110.918071, 111.58162, 106.614413, 108.392247 ] }, { "date": "2025-08-01", "close": 111.93421, "volume": 691635, "typical_volume": 1371977.5, "trend": 111.244435, "fair_value": 62.96704, "relative_strength": 3.469461, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.027642, "energy": 4.206805, "activity_lines": [ 110.91807, 111.75936, 107.239534, 108.411663 ] }, { "date": "2025-08-08", "close": 111.457893, "volume": 8227243, "typical_volume": 1779393.4, "trend": 110.933006, "fair_value": 63.567073, "relative_strength": 0.038947, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.13479, "energy": 4.422936, "activity_lines": [ 111.267368, 111.630098, 107.859292, 108.425434 ] }, { "date": "2025-08-15", "close": 118.12632, "volume": 4827777, "typical_volume": 2018307.75, "trend": 110.797216, "fair_value": 64.204329, "relative_strength": 4.126355, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.350184, "energy": 16.28427, "activity_lines": [ 113.648948, 112.738984, 109.131977, 108.889519 ] }, { "date": "2025-08-22", "close": 103.360527, "volume": 2563092, "typical_volume": 2143907.4, "trend": 110.40244, "fair_value": 64.730142, "relative_strength": -7.009973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.146617, "energy": 3.97692, "activity_lines": [ 110.600527, 111.042202, 108.977816, 108.409733 ] }, { "date": "2025-08-29", "close": 101.93158, "volume": 1752212, "typical_volume": 2215381.25, "trend": 110.037767, "fair_value": 65.231551, "relative_strength": -10.297443, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.538741, "energy": 14.56761, "activity_lines": [ 107.488598, 109.275503, 108.710646, 107.863226 ] }, { "date": "2025-09-05", "close": 99.550003, "volume": 1621489, "typical_volume": 2290015.3, "trend": 109.205032, "fair_value": 65.727121, "relative_strength": -13.44476, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.271941, "energy": 29.312897, "activity_lines": [ 104.217897, 107.257657, 108.175029, 107.186596 ] }, { "date": "2025-09-12", "close": 98.597366, "volume": 2015911, "typical_volume": 2385120.9, "trend": 108.153977, "fair_value": 66.220704, "relative_strength": -17.621603, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.126036, "energy": 43.804807, "activity_lines": [ 101.455264, 105.430336, 107.517506, 106.50223 ] }, { "date": "2025-09-19", "close": 96.21579, "volume": 1266267, "typical_volume": 2427558.9, "trend": 106.961348, "fair_value": 66.700395, "relative_strength": -19.931035, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.904705, "energy": 56.453721, "activity_lines": [ 98.756141, 103.351867, 106.607858, 105.732025 ] }, { "date": "2025-09-26", "close": 91.071579, "volume": 1050790, "typical_volume": 2446354.25, "trend": 105.519509, "fair_value": 67.14656, "relative_strength": -24.137646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.511463, "energy": 65.694194, "activity_lines": [ 95.802983, 100.597895, 105.16722, 104.706878 ] }, { "date": "2025-10-03", "close": 92.024208, "volume": 296070, "typical_volume": 2421766.55, "trend": 104.389273, "fair_value": 67.599107, "relative_strength": -26.662825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.124553, "energy": 68.395954, "activity_lines": [ 93.986631, 98.353148, 103.757652, 103.836214 ] }, { "date": "2025-10-10", "close": 91.738426, "volume": 216401, "typical_volume": 2270929.35, "trend": 103.436075, "fair_value": 68.063831, "relative_strength": -28.228545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.57374, "energy": 68.046374, "activity_lines": [ 92.73551, 96.409781, 102.333522, 103.02003 ] }, { "date": "2025-10-17", "close": 87.642105, "volume": 462468, "typical_volume": 2118555.9, "trend": 102.517351, "fair_value": 68.505045, "relative_strength": -31.278164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.318109, "energy": 70.269781, "activity_lines": [ 90.63972, 94.088824, 100.557713, 102.001064 ] }, { "date": "2025-10-24", "close": 87.546844, "volume": 202000, "typical_volume": 1932952.45, "trend": 101.642093, "fair_value": 68.951416, "relative_strength": -31.686603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.214597, "energy": 67.672376, "activity_lines": [ 89.242528, 92.183561, 98.892972, 101.035225 ] }, { "date": "2025-10-31", "close": 86.975266, "volume": 590308, "typical_volume": 1740132.85, "trend": 100.934347, "fair_value": 69.393299, "relative_strength": -33.462118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.008471, "energy": 65.448146, "activity_lines": [ 88.232739, 90.730365, 97.287728, 100.088978 ] }, { "date": "2025-11-07", "close": 90.11895, "volume": 832705, "typical_volume": 1670560.15, "trend": 100.832007, "fair_value": 69.864125, "relative_strength": -29.330804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.178744, "energy": 62.712569, "activity_lines": [ 88.543932, 90.146662, 96.10964, 99.39121 ] }, { "date": "2025-11-14", "close": 85.736847, "volume": 294511, "typical_volume": 1587715.85, "trend": 100.589815, "fair_value": 70.30274, "relative_strength": -31.82902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.222441, "energy": 65.677232, "activity_lines": [ 87.521442, 88.980988, 94.618092, 98.417329 ] }, { "date": "2025-11-21", "close": 82.878952, "volume": 340317, "typical_volume": 1543239.15, "trend": 100.243032, "fair_value": 70.714518, "relative_strength": -31.33537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.705604, "energy": 76.036316, "activity_lines": [ 85.946425, 87.546845, 93.015403, 97.274693 ] }, { "date": "2025-11-28", "close": 88.118423, "volume": 334101, "typical_volume": 1509336.1, "trend": 100.260572, "fair_value": 71.158236, "relative_strength": -29.852282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.283623, "energy": 60.798683, "activity_lines": [ 86.435442, 87.351122, 92.034192, 96.49246 ] }, { "date": "2025-12-05", "close": 86.975266, "volume": 187089, "typical_volume": 1471964.4, "trend": 100.54162, "fair_value": 71.598196, "relative_strength": -31.325094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.131466, "energy": 57.682057, "activity_lines": [ 86.505301, 87.094778, 91.050714, 95.635343 ] }, { "date": "2025-12-12", "close": 86.022636, "volume": 172011, "typical_volume": 1397219.85, "trend": 100.252985, "fair_value": 72.019413, "relative_strength": -32.262884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.628742, "energy": 51.709857, "activity_lines": [ 86.257618, 86.739707, 90.08402, 94.698635 ] }, { "date": "2025-12-19", "close": 86.308418, "volume": 181147, "typical_volume": 1371695.45, "trend": 99.802859, "fair_value": 72.44466, "relative_strength": -30.317363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.678302, "energy": 43.745621, "activity_lines": [ 86.378282, 86.545715, 89.265664, 93.798985 ] }, { "date": "2025-12-26", "close": 86.879997, "volume": 125328, "typical_volume": 966599.7, "trend": 98.936466, "fair_value": 72.879065, "relative_strength": -31.280783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.899844, "energy": 40.120055, "activity_lines": [ 86.651368, 86.554374, 88.623771, 92.965252 ] }, { "date": "2026-01-02", "close": 87.546844, "volume": 148225, "typical_volume": 732622.1, "trend": 98.138944, "fair_value": 73.310877, "relative_strength": -31.938117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.48968, "energy": 35.44024, "activity_lines": [ 86.88, 86.698135, 88.162425, 92.230438 ] }, { "date": "2026-01-09", "close": 83.355263, "volume": 386223, "typical_volume": 623778.65, "trend": 97.123966, "fair_value": 73.726259, "relative_strength": -36.503637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.318951, "energy": 43.57184, "activity_lines": [ 85.749544, 86.07979, 87.447498, 91.276652 ] }, { "date": "2026-01-16", "close": 84.307899, "volume": 259090, "typical_volume": 549122.55, "trend": 96.203089, "fair_value": 74.147473, "relative_strength": -37.33736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.129837, "energy": 42.596192, "activity_lines": [ 85.177966, 85.70047, 86.918561, 90.449809 ] }, { "date": "2026-01-23", "close": 86.213158, "volume": 245468, "typical_volume": 480321.5, "trend": 95.091685, "fair_value": 74.568263, "relative_strength": -36.378523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.96361, "energy": 38.089281, "activity_lines": [ 85.355791, 85.773216, 86.654999, 89.805297 ] }, { "date": "2026-01-30", "close": 82.116844, "volume": 228001, "typical_volume": 390926.0, "trend": 94.208914, "fair_value": 74.960323, "relative_strength": -38.975509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.964619, "energy": 45.811664, "activity_lines": [ 84.174528, 85.092518, 86.064821, 88.968211 ] }, { "date": "2026-02-06", "close": 80.687897, "volume": 144225, "typical_volume": 334823.9, "trend": 93.215001, "fair_value": 75.338827, "relative_strength": -38.731201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.288825, "energy": 57.268214, "activity_lines": [ 82.834493, 84.165867, 85.417032, 88.095887 ] }, { "date": "2026-02-13", "close": 82.593155, "volume": 333230, "typical_volume": 298945.9, "trend": 92.316352, "fair_value": 75.722403, "relative_strength": -39.802577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.600021, "energy": 46.049098, "activity_lines": [ 82.586807, 83.720728, 85.024638, 87.410607 ] }, { "date": "2026-02-27", "close": 85.641579, "volume": 268144, "typical_volume": 297549.6, "trend": 91.455808, "fair_value": 76.130464, "relative_strength": -39.878437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.101187, "energy": 40.357532, "activity_lines": [ 83.40607, 83.909522, 84.962943, 86.979976 ] }, { "date": "2026-03-06", "close": 83.545784, "volume": 193083, "typical_volume": 296383.7, "trend": 90.509527, "fair_value": 76.524266, "relative_strength": -37.178324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.625317, "energy": 35.094157, "activity_lines": [ 83.437823, 83.724191, 84.732043, 86.469652 ] }, { "date": "2026-03-13", "close": 85.070007, "volume": 214500, "typical_volume": 283985.3, "trend": 89.629931, "fair_value": 76.921521, "relative_strength": -34.688812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.614942, "energy": 20.381458, "activity_lines": [ 84.155474, 83.866221, 84.685319, 86.118715 ] }, { "date": "2026-03-20", "close": 90.023689, "volume": 882014, "typical_volume": 317986.0, "trend": 88.693177, "fair_value": 77.349157, "relative_strength": -30.220086, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.623552, "energy": 10.908507, "activity_lines": [ 86.327476, 84.941829, 85.122623, 86.144119 ] }, { "date": "2026-03-27", "close": 86.213158, "volume": 194016, "typical_volume": 298171.4, "trend": 88.121598, "fair_value": 77.746323, "relative_strength": -31.417351, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.895466, "energy": 12.190617, "activity_lines": [ 86.606914, 85.27958, 85.185224, 85.984118 ] }, { "date": "2026-04-03", "close": 81.831055, "volume": 116207, "typical_volume": 262346.5, "trend": 87.45158, "fair_value": 78.10963, "relative_strength": -32.886933, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.623815, "energy": 17.556829, "activity_lines": [ 85.184318, 84.768623, 84.834111, 85.578276 ] }, { "date": "2026-04-10", "close": 83.831581, "volume": 127066, "typical_volume": 253974.25, "trend": 86.927633, "fair_value": 78.482464, "relative_strength": -35.87581, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.690628, "energy": 13.293075, "activity_lines": [ 84.682599, 84.666432, 84.712991, 85.344728 ] }, { "date": "2026-04-17", "close": 88.785263, "volume": 434095, "typical_volume": 258663.15, "trend": 86.600563, "fair_value": 78.886778, "relative_strength": -33.831712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.633952, "energy": 3.948307, "activity_lines": [ 85.813054, 85.508212, 85.072723, 85.464575 ] }, { "date": "2026-04-24", "close": 85.736847, "volume": 438315, "typical_volume": 263873.85, "trend": 86.251265, "fair_value": 79.268254, "relative_strength": -38.758558, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.929571, "energy": 7.7994, "activity_lines": [ 85.679687, 85.67449, 85.114004, 85.408852 ] }, { "date": "2026-05-01", "close": 84.212631, "volume": 356300, "typical_volume": 272334.4, "trend": 86.022633, "fair_value": 79.64875, "relative_strength": -39.013009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.299411, "energy": 12.110965, "activity_lines": [ 85.324037, 85.471839, 85.021462, 85.277327 ] }, { "date": "2026-05-08", "close": 90.881058, "volume": 997460, "typical_volume": 313606.85, "trend": 85.984528, "fair_value": 80.077486, "relative_strength": -37.73416, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.261749, "energy": 20.382984, "activity_lines": [ 87.324564, 86.452184, 85.577165, 85.590774 ] }, { "date": "2026-05-15", "close": 100.026314, "volume": 4354055, "typical_volume": 522252.25, "trend": 86.260791, "fair_value": 80.565945, "relative_strength": -30.243045, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.782755, "energy": 58.204664, "activity_lines": [ 91.770177, 89.00004, 86.980708, 86.496695 ] }, { "date": "2026-05-22", "close": 101.455261, "volume": 2491715, "typical_volume": 640571.6, "trend": 86.72123, "fair_value": 81.063014, "relative_strength": -30.336462, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.404691, "energy": 70.075372, "activity_lines": [ 95.612456, 91.508058, 88.455019, 87.476984 ] }, { "date": "2026-05-29", "close": 99.073685, "volume": 1310060, "typical_volume": 698663.35, "trend": 87.105458, "fair_value": 81.534104, "relative_strength": -34.849506, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.76294, "energy": 71.223272, "activity_lines": [ 97.816211, 93.285149, 89.633106, 88.273916 ] }, { "date": "2026-06-05", "close": 96.692108, "volume": 977310, "typical_volume": 728217.7, "trend": 87.429352, "fair_value": 81.985806, "relative_strength": -35.75045, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.709026, "energy": 68.335221, "activity_lines": [ 98.336983, 94.464681, 90.529487, 88.89241 ] }, { "date": "2026-06-12", "close": 93.643692, "volume": 684384, "typical_volume": 749482.4, "trend": 87.546844, "fair_value": 82.418791, "relative_strength": -35.379211, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.389672, "energy": 49.414431, "activity_lines": [ 97.009652, 94.899428, 91.072034, 89.293335 ] }, { "date": "2026-06-19", "close": 101.93158, "volume": 2918841, "typical_volume": 883151.05, "trend": 88.086668, "fair_value": 82.896388, "relative_strength": -31.95452, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.994287, "energy": 42.051293, "activity_lines": [ 98.260775, 96.626289, 92.359448, 90.221382 ] }, { "date": "2026-06-26", "close": 90.5, "volume": 1744848, "typical_volume": 958993.4, "trend": 88.340703, "fair_value": 83.291915, "relative_strength": -35.853484, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.393975, "energy": 23.48461, "activity_lines": [ 95.574353, 95.94559, 92.48329, 90.377081 ] }, { "date": "2026-07-03", "close": 94.400002, "volume": 781132, "typical_volume": 990838.75, "trend": 88.550089, "fair_value": 83.708596, "relative_strength": -34.953562, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.878904, "energy": 19.567614, "activity_lines": [ 94.918283, 95.942806, 92.938641, 90.768004 ] }, { "date": "2026-07-10", "close": 91.800003, "volume": 461225, "typical_volume": 997238.5, "trend": 88.710914, "fair_value": 84.103666, "relative_strength": -33.607004, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.102055, "energy": 16.152068, "activity_lines": [ 93.707125, 95.309782, 93.081077, 90.977676 ] }, { "date": "2026-07-17", "close": 81.5, "volume": 657547, "typical_volume": 1016708.65, "trend": 88.560159, "fair_value": 84.411833, "relative_strength": -36.162906, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.73976, "energy": 13.956626, "activity_lines": [ 89.388773, 92.666078, 92.198719, 90.512455 ] }, { "date": "2026-07-24", "close": 79.0, "volume": 438152, "typical_volume": 1028962.1, "trend": 88.316545, "fair_value": 84.7026, "relative_strength": -38.376323, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.711881, "energy": 31.374891, "activity_lines": [ 85.046668, 89.738394, 91.097987, 89.895671 ] }, { "date": "2026-07-31", "close": 69.099998, "volume": 1194226, "typical_volume": 1077948.4, "trend": 87.723878, "fair_value": 84.940619, "relative_strength": -44.273843, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.429477, "energy": 57.619336, "activity_lines": [ 78.933333, 85.393006, 89.076044, 88.655894 ] }, { "date": "2026-08-07", "close": 74.5, "volume": 823153, "typical_volume": 1075005.35, "trend": 87.288984, "fair_value": 85.202266, "relative_strength": -40.184898, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.138923, "energy": 63.121165, "activity_lines": [ 76.046666, 82.617713, 87.644435, 87.80274 ] }, { "date": "2026-08-14", "close": 74.800003, "volume": 553077, "typical_volume": 1092958.4, "trend": 87.003808, "fair_value": 85.467209, "relative_strength": -40.806504, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.707041, "energy": 75.418339, "activity_lines": [ 74.586667, 80.343762, 86.31532, 86.997 ] } ], "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." } } }