{ "ticker": { "uuid": "b3875f4f-de39-496c-b6dc-b44465039a08", "symbol": "6776", "name": "Weblink International Inc.", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 65.012, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -45.668, "architecture_energy": 25.331, "architecture_maturity": 17.664, "architecture_confidence": 93.497, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 43.97, "rotation_up": 20.38, "upward_expansion": 4.84, "deceleration": 45.22, "rotation_down": 45.22, "downward_expansion": 73.51 }, "activity_lines": [ 54.206667, 54.426473, 54.89935, 55.193674 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 54.400002, "trend_reference": 55.555236, "distance_from_trend": -0.020794, "trend_direction": "Improving", "fair_value": 51.94759, "distance_from_fair_value": 0.047209, "fair_value_direction": "Improving", "relative_strength": -27.105414, "relative_strength_direction": "Improving", "price_momentum": -0.022519, "excess_performance": -0.463892, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.020794, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.036221, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.047209, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.001015, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.271054, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.044081, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.022519, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.904323, "read": "Supply-led" } ], "volume": { "latest": 709519, "relative_activity": 0.441437, "balance": 0.904323, "dry_up": 0.618856, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.052205, "annualized_volatility": 0.392844, "from_high_reference": -0.240025, "from_low_reference": 0.184275 }, "levels": { "trend_reference": 55.555236, "fair_value_reference": 51.94759, "structural_low": 47.404842, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.000815, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.031248, "regime_survival": 0.625, "best_return": 0.071442, "worst_return": -0.069565, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.012006, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": 0.030329, "regime_survival": 0.285714, "best_return": 0.048568, "worst_return": -0.057239, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.036574, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.006701, "regime_survival": 0.25, "best_return": 0.056485, "worst_return": 0.013582, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.050644, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.079976, "regime_survival": 0.0, "best_return": 0.092962, "worst_return": 0.008325, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-20", "end": "2025-01-24", "tenure": "Developing", "return": 0.010152, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.020443, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.029442, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": 0.11946, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.110169, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.027539, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-08-15", "tenure": "New", "return": -0.017241, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-26", "tenure": "Developing", "return": -0.063604, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-11-14", "tenure": "Developing", "return": -0.008397, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-01-02", "tenure": "Developing", "return": 0.063116, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-09", "end": "2026-02-13", "tenure": "Developing", "return": -0.010084, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": -0.085179, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-06-19", "tenure": "Established", "return": 0.047703, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-26", "end": "2026-08-14", "tenure": "Developing", "return": 0.014925, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 47.332352, "volume": 1780223, "typical_volume": 3090217.55, "trend": 42.367682, "fair_value": 32.210235, "relative_strength": 17.604057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.94215, "energy": 24.966172, "activity_lines": [ 48.509264, 48.914438, 48.019418, 45.851297 ] }, { "date": "2023-08-18", "close": 44.859131, "volume": 1172120, "typical_volume": 2947280.6, "trend": 42.805754, "fair_value": 32.35879, "relative_strength": 12.337993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.10202, "energy": 13.847651, "activity_lines": [ 47.366465, 48.006297, 47.863517, 46.012036 ] }, { "date": "2023-08-25", "close": 45.711964, "volume": 448106, "typical_volume": 2921024.7, "trend": 43.274941, "fair_value": 32.50758, "relative_strength": 13.087903, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.536075, "energy": 10.863033, "activity_lines": [ 46.655769, 47.437064, 47.773273, 46.199534 ] }, { "date": "2023-09-01", "close": 46.223663, "volume": 649511, "typical_volume": 2759455.75, "trend": 43.720883, "fair_value": 32.657375, "relative_strength": 12.566097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.644645, "energy": 14.554692, "activity_lines": [ 46.246407, 47.086708, 47.709836, 46.389774 ] }, { "date": "2023-09-08", "close": 48.099907, "volume": 786471, "typical_volume": 2579537.65, "trend": 44.237427, "fair_value": 32.821699, "relative_strength": 16.890237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.707932, "energy": 14.658749, "activity_lines": [ 46.638713, 47.161785, 47.809167, 46.672291 ] }, { "date": "2023-09-15", "close": 47.844051, "volume": 515162, "typical_volume": 2530036.7, "trend": 44.745442, "fair_value": 32.965501, "relative_strength": 13.260473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.885481, "energy": 8.037142, "activity_lines": [ 47.104929, 47.234663, 47.853903, 46.904977 ] }, { "date": "2023-09-22", "close": 46.394234, "volume": 413015, "typical_volume": 2485032.45, "trend": 45.150052, "fair_value": 33.115707, "relative_strength": 13.08549, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.986314, "energy": 10.124047, "activity_lines": [ 47.053759, 47.04859, 47.738844, 47.01135 ] }, { "date": "2023-09-29", "close": 45.370831, "volume": 305080, "typical_volume": 2403179.15, "trend": 45.501742, "fair_value": 33.248205, "relative_strength": 10.044809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.155126, "energy": 4.148274, "activity_lines": [ 46.559115, 46.688849, 47.510736, 47.025594 ] }, { "date": "2023-10-06", "close": 45.797253, "volume": 309947, "typical_volume": 2297265.6, "trend": 45.887796, "fair_value": 33.372971, "relative_strength": 9.534924, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.81638, "energy": 10.77504, "activity_lines": [ 46.229353, 46.448505, 47.314835, 47.044659 ] }, { "date": "2023-10-13", "close": 45.711964, "volume": 117778, "typical_volume": 2147491.85, "trend": 46.194435, "fair_value": 33.49537, "relative_strength": 7.211811, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.324446, "energy": 24.77917, "activity_lines": [ 45.89959, 46.248476, 47.101528, 47.033315 ] }, { "date": "2023-10-20", "close": 44.176861, "volume": 323049, "typical_volume": 2098305.9, "trend": 46.337061, "fair_value": 33.610205, "relative_strength": 5.409878, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.93033, "energy": 45.484457, "activity_lines": [ 45.217321, 45.856172, 46.734677, 46.903149 ] }, { "date": "2023-10-27", "close": 44.773846, "volume": 185556, "typical_volume": 1631510.85, "trend": 46.443165, "fair_value": 33.725681, "relative_strength": 8.429981, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.066045, "energy": 49.68971, "activity_lines": [ 44.978527, 45.629783, 46.433477, 46.802297 ] }, { "date": "2023-11-03", "close": 45.285545, "volume": 214866, "typical_volume": 1257427.75, "trend": 46.582445, "fair_value": 33.848532, "relative_strength": 6.79507, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.621876, "energy": 48.211973, "activity_lines": [ 45.018325, 45.497981, 46.229567, 46.727612 ] }, { "date": "2023-11-10", "close": 46.479515, "volume": 535513, "typical_volume": 1194138.85, "trend": 46.702417, "fair_value": 33.968571, "relative_strength": 8.091402, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -27.041835, "energy": 34.260565, "activity_lines": [ 45.461799, 45.591017, 46.174357, 46.720971 ] }, { "date": "2023-11-17", "close": 47.502922, "volume": 487053, "typical_volume": 1150301.75, "trend": 46.894117, "fair_value": 34.099494, "relative_strength": 6.634229, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.534906, "energy": 14.742216, "activity_lines": [ 46.200924, 45.865475, 46.237474, 46.772617 ] }, { "date": "2023-11-24", "close": 47.929333, "volume": 494368, "typical_volume": 969138.25, "trend": 47.048982, "fair_value": 34.2286, "relative_strength": 6.595105, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.16648, "energy": 18.009751, "activity_lines": [ 46.962789, 46.228317, 46.355652, 46.839405 ] }, { "date": "2023-12-01", "close": 47.844051, "volume": 259501, "typical_volume": 894256.4, "trend": 47.206378, "fair_value": 34.358751, "relative_strength": 4.995281, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 20.520951, "energy": 29.081638, "activity_lines": [ 47.446062, 46.574103, 46.466521, 46.8907 ] }, { "date": "2023-12-08", "close": 48.44104, "volume": 509008, "typical_volume": 857119.65, "trend": 47.367553, "fair_value": 34.492048, "relative_strength": 6.109911, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.002053, "energy": 44.263657, "activity_lines": [ 47.923651, 47.002072, 46.63059, 46.970355 ] }, { "date": "2023-12-15", "close": 48.526321, "volume": 367308, "typical_volume": 634974.45, "trend": 47.52351, "fair_value": 34.625435, "relative_strength": 4.087747, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.133598, "energy": 53.060173, "activity_lines": [ 48.2193, 47.389724, 46.799127, 47.045114 ] }, { "date": "2023-12-22", "close": 48.355755, "volume": 585115, "typical_volume": 522937.5, "trend": 47.663036, "fair_value": 34.755227, "relative_strength": 3.731057, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.018231, "energy": 51.921026, "activity_lines": [ 48.321641, 47.696745, 46.953043, 47.098808 ] }, { "date": "2023-12-29", "close": 48.355755, "volume": 506227, "typical_volume": 459237.7, "trend": 47.740766, "fair_value": 34.889114, "relative_strength": 1.423563, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.098073, "energy": 45.133138, "activity_lines": [ 48.367126, 47.955697, 47.117112, 47.143499 ] }, { "date": "2024-01-05", "close": 49.635006, "volume": 632820, "typical_volume": 432272.7, "trend": 47.56291, "fair_value": 35.033476, "relative_strength": 6.080894, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.996161, "energy": 53.981858, "activity_lines": [ 48.8106, 48.37126, 47.398142, 47.265708 ] }, { "date": "2024-01-12", "close": 49.293873, "volume": 1047075, "typical_volume": 462221.15, "trend": 47.451597, "fair_value": 35.183159, "relative_strength": 4.921915, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.828693, "energy": 48.230957, "activity_lines": [ 49.020966, 48.636414, 47.62394, 47.377383 ] }, { "date": "2024-01-19", "close": 48.867451, "volume": 624572, "typical_volume": 460974.2, "trend": 47.38518, "fair_value": 35.329654, "relative_strength": 2.563004, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.197034, "energy": 53.0533, "activity_lines": [ 49.032335, 48.751159, 47.79207, 47.468729 ] }, { "date": "2024-01-26", "close": 49.293873, "volume": 652823, "typical_volume": 454291.8, "trend": 47.343723, "fair_value": 35.482294, "relative_strength": 1.20719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.047661, "energy": 53.020288, "activity_lines": [ 49.163104, 48.900017, 47.988222, 47.59187 ] }, { "date": "2024-02-02", "close": 49.379154, "volume": 336000, "typical_volume": 445333.7, "trend": 47.386364, "fair_value": 35.637529, "relative_strength": 0.568458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.939282, "energy": 43.881587, "activity_lines": [ 49.259758, 49.031819, 48.186811, 47.723188 ] }, { "date": "2024-02-09", "close": 49.208591, "volume": 80077, "typical_volume": 428686.8, "trend": 47.457434, "fair_value": 35.791443, "relative_strength": -0.421091, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.390386, "energy": 42.317136, "activity_lines": [ 49.231331, 49.106249, 48.361845, 47.840751 ] }, { "date": "2024-02-16", "close": 50.317272, "volume": 427650, "typical_volume": 434815.3, "trend": 47.54556, "fair_value": 35.954056, "relative_strength": -1.390069, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.892176, "energy": 58.887234, "activity_lines": [ 49.600892, 49.357447, 48.629067, 48.025257 ] }, { "date": "2024-02-23", "close": 55.00787, "volume": 3614500, "typical_volume": 600042.95, "trend": 47.750241, "fair_value": 36.14742, "relative_strength": 5.672667, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.749282, "energy": 88.199698, "activity_lines": [ 51.465759, 50.427368, 49.319457, 48.506696 ] }, { "date": "2024-03-01", "close": 58.50449, "volume": 3777809, "typical_volume": 783044.5, "trend": 48.017462, "fair_value": 36.363881, "relative_strength": 11.444582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.532875, "energy": 97.514268, "activity_lines": [ 54.086805, 52.015191, 50.298999, 49.200519 ] }, { "date": "2024-03-08", "close": 56.79882, "volume": 4199397, "typical_volume": 976861.9, "trend": 48.333011, "fair_value": 36.556212, "relative_strength": 3.073686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.88208, "energy": 92.973545, "activity_lines": [ 55.525254, 53.108371, 51.05518, 49.767058 ] }, { "date": "2024-03-15", "close": 56.201839, "volume": 2750682, "typical_volume": 1105118.2, "trend": 48.711102, "fair_value": 36.738802, "relative_strength": 2.175609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.77995, "energy": 87.608472, "activity_lines": [ 56.270064, 53.939498, 51.6944, 50.274724 ] }, { "date": "2024-03-22", "close": 56.628258, "volume": 1637061, "typical_volume": 1176227.95, "trend": 49.074978, "fair_value": 36.92913, "relative_strength": -0.028801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.56971, "energy": 85.073899, "activity_lines": [ 56.690797, 54.728759, 52.319813, 50.785509 ] }, { "date": "2024-03-29", "close": 55.69014, "volume": 1131280, "typical_volume": 1206016.3, "trend": 49.390527, "fair_value": 37.085235, "relative_strength": -2.087532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.618621, "energy": 61.910115, "activity_lines": [ 56.378092, 55.2141, 52.801868, 51.212293 ] }, { "date": "2024-04-05", "close": 54.666729, "volume": 531352, "typical_volume": 1208231.25, "trend": 49.609421, "fair_value": 37.201791, "relative_strength": -4.151449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.631538, "energy": 52.250036, "activity_lines": [ 55.678765, 55.389318, 53.142596, 51.552693 ] }, { "date": "2024-04-12", "close": 55.178436, "volume": 727088, "typical_volume": 1219867.25, "trend": 49.853901, "fair_value": 37.226988, "relative_strength": -5.095488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.666489, "energy": 41.452332, "activity_lines": [ 55.405858, 55.559885, 53.497944, 51.911985 ] }, { "date": "2024-04-19", "close": 52.534649, "volume": 1047722, "typical_volume": 1259278.3, "trend": 50.058581, "fair_value": 37.307127, "relative_strength": -4.055734, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.282226, "energy": 25.598632, "activity_lines": [ 54.359714, 55.144322, 53.566983, 52.084936 ] }, { "date": "2024-04-26", "close": 53.3022, "volume": 512276, "typical_volume": 1259441.7, "trend": 50.32296, "fair_value": 37.423809, "relative_strength": -5.44112, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.69967, "energy": 23.304693, "activity_lines": [ 53.8139, 54.807841, 53.686786, 52.294202 ] }, { "date": "2024-05-03", "close": 54.410881, "volume": 310172, "typical_volume": 1256584.9, "trend": 50.610081, "fair_value": 37.565798, "relative_strength": -4.41581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.320848, "energy": 20.659192, "activity_lines": [ 53.859384, 54.618666, 53.88903, 52.557939 ] }, { "date": "2024-05-10", "close": 53.984467, "volume": 698293, "typical_volume": 1262243.8, "trend": 50.885831, "fair_value": 37.706419, "relative_strength": -6.766387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.693295, "energy": 19.222826, "activity_lines": [ 53.848013, 54.362815, 54.022641, 52.775641 ] }, { "date": "2024-05-17", "close": 53.728611, "volume": 456369, "typical_volume": 1259750.9, "trend": 51.204223, "fair_value": 37.853134, "relative_strength": -9.493171, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.726804, "energy": 14.762215, "activity_lines": [ 53.796841, 54.142628, 54.105081, 52.959046 ] }, { "date": "2024-05-24", "close": 53.899181, "volume": 447000, "typical_volume": 1250459.9, "trend": 51.508401, "fair_value": 38.024604, "relative_strength": -10.388709, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.324969, "energy": 13.54008, "activity_lines": [ 53.899181, 54.009275, 54.178181, 53.132914 ] }, { "date": "2024-05-31", "close": 55.093151, "volume": 1205098, "typical_volume": 1258361.05, "trend": 51.835321, "fair_value": 38.201451, "relative_strength": -6.613286, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.082344, "energy": 23.306464, "activity_lines": [ 54.308542, 54.134874, 54.344687, 53.364189 ] }, { "date": "2024-06-07", "close": 53.984467, "volume": 582248, "typical_volume": 1256244.85, "trend": 52.085486, "fair_value": 38.370965, "relative_strength": -10.873462, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.631313, "energy": 20.150852, "activity_lines": [ 54.228945, 54.086806, 54.377988, 53.502843 ] }, { "date": "2024-06-14", "close": 53.899181, "volume": 403719, "typical_volume": 1243789.65, "trend": 52.298695, "fair_value": 38.520821, "relative_strength": -13.17872, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.898648, "energy": 20.236125, "activity_lines": [ 54.149347, 54.054243, 54.3788, 53.619856 ] }, { "date": "2024-06-21", "close": 53.899181, "volume": 375004, "typical_volume": 1245739.85, "trend": 52.49769, "fair_value": 38.65498, "relative_strength": -15.598252, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.667136, "energy": 18.70436, "activity_lines": [ 54.075434, 54.035635, 54.357682, 53.723113 ] }, { "date": "2024-06-28", "close": 54.069752, "volume": 538525, "typical_volume": 1268662.25, "trend": 52.705213, "fair_value": 38.79046, "relative_strength": -14.133352, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.401382, "energy": 10.335645, "activity_lines": [ 54.047007, 54.0713, 54.331285, 53.824536 ] }, { "date": "2024-07-05", "close": 55.831081, "volume": 1247486, "typical_volume": 1309654.05, "trend": 52.951548, "fair_value": 38.945193, "relative_strength": -12.993779, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.768458, "energy": 27.040586, "activity_lines": [ 54.594319, 54.399295, 54.449486, 54.026205 ] }, { "date": "2024-07-12", "close": 55.740883, "volume": 554256, "typical_volume": 1156641.85, "trend": 53.192033, "fair_value": 39.103671, "relative_strength": -14.204965, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.181566, "energy": 38.15394, "activity_lines": [ 55.062369, 54.664911, 54.532839, 54.206162 ] }, { "date": "2024-07-19", "close": 54.478149, "volume": 505522, "typical_volume": 993027.5, "trend": 53.396113, "fair_value": 39.252689, "relative_strength": -12.047481, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.724556, "energy": 34.47697, "activity_lines": [ 54.992414, 54.676757, 54.492442, 54.289137 ] }, { "date": "2024-07-26", "close": 53.125214, "volume": 353000, "typical_volume": 800707.65, "trend": 53.555095, "fair_value": 39.391214, "relative_strength": -11.055556, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.890784, "energy": 12.347963, "activity_lines": [ 54.432882, 54.433639, 54.342367, 54.27166 ] }, { "date": "2024-08-02", "close": 53.125214, "volume": 1641300, "typical_volume": 745238.55, "trend": 53.671435, "fair_value": 39.535776, "relative_strength": -8.725395, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.112489, "energy": 7.212764, "activity_lines": [ 53.924948, 54.201492, 54.209785, 54.243926 ] }, { "date": "2024-08-09", "close": 50.058559, "volume": 1242080, "typical_volume": 725489.5, "trend": 53.696925, "fair_value": 39.665205, "relative_strength": -12.993718, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.695191, "energy": 48.622805, "activity_lines": [ 52.457765, 53.425843, 53.799792, 54.010837 ] }, { "date": "2024-08-16", "close": 50.509541, "volume": 369351, "typical_volume": 687393.05, "trend": 53.751661, "fair_value": 39.790381, "relative_strength": -15.377357, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.750358, "energy": 61.96013, "activity_lines": [ 51.525744, 52.823729, 53.464033, 53.805199 ] }, { "date": "2024-08-23", "close": 51.140907, "volume": 375840, "typical_volume": 679617.45, "trend": 53.813229, "fair_value": 39.928177, "relative_strength": -13.289288, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.812523, "energy": 71.323973, "activity_lines": [ 51.152935, 52.399589, 53.213074, 53.636764 ] }, { "date": "2024-08-30", "close": 51.321301, "volume": 221190, "typical_volume": 654322.55, "trend": 53.877967, "fair_value": 40.074035, "relative_strength": -13.116926, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.143163, "energy": 71.740799, "activity_lines": [ 51.062739, 52.058399, 52.996085, 53.475994 ] }, { "date": "2024-09-06", "close": 49.336998, "volume": 421000, "typical_volume": 622986.45, "trend": 53.882247, "fair_value": 40.200744, "relative_strength": -12.851606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.261658, "energy": 72.853054, "activity_lines": [ 50.43137, 51.403296, 52.608482, 53.183028 ] }, { "date": "2024-09-13", "close": 49.697781, "volume": 239100, "typical_volume": 609327.65, "trend": 53.861598, "fair_value": 40.325955, "relative_strength": -13.17968, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.02524, "energy": 60.386467, "activity_lines": [ 50.17281, 50.899841, 52.270466, 52.913063 ] }, { "date": "2024-09-20", "close": 50.509541, "volume": 187200, "typical_volume": 603179.05, "trend": 53.711653, "fair_value": 40.459466, "relative_strength": -12.997812, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.186475, "energy": 46.710714, "activity_lines": [ 50.208889, 50.655493, 52.026925, 52.696801 ] }, { "date": "2024-09-27", "close": 51.682083, "volume": 250000, "typical_volume": 580764.4, "trend": 53.48424, "fair_value": 40.602874, "relative_strength": -13.24095, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.330794, "energy": 40.12429, "activity_lines": [ 50.635815, 50.71945, 51.913632, 52.565861 ] }, { "date": "2024-10-04", "close": 51.231102, "volume": 118000, "typical_volume": 563845.95, "trend": 53.298649, "fair_value": 40.743154, "relative_strength": -11.68341, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.550223, "energy": 29.177917, "activity_lines": [ 50.876335, 50.752248, 51.768353, 52.420497 ] }, { "date": "2024-10-11", "close": 50.960518, "volume": 401633, "typical_volume": 561577.6, "trend": 53.123939, "fair_value": 40.888842, "relative_strength": -14.130798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.011761, "energy": 22.560852, "activity_lines": [ 51.032674, 50.770287, 51.609196, 52.26965 ] }, { "date": "2024-10-18", "close": 50.780125, "volume": 322204, "typical_volume": 517432.9, "trend": 52.929001, "fair_value": 41.030041, "relative_strength": -16.241902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.710053, "energy": 20.150996, "activity_lines": [ 51.020647, 50.794886, 51.446853, 52.118436 ] }, { "date": "2024-10-25", "close": 51.140907, "volume": 147517, "typical_volume": 495696.35, "trend": 52.77736, "fair_value": 41.175933, "relative_strength": -14.774048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.32171, "energy": 20.972841, "activity_lines": [ 51.056725, 50.871962, 51.339408, 52.003075 ] }, { "date": "2024-11-01", "close": 51.952667, "volume": 228050, "typical_volume": 486912.9, "trend": 52.686891, "fair_value": 41.326315, "relative_strength": -10.952798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.016546, "energy": 16.66647, "activity_lines": [ 51.321298, 51.085151, 51.322814, 51.949869 ] }, { "date": "2024-11-08", "close": 51.952667, "volume": 1454847, "typical_volume": 540905.05, "trend": 52.579365, "fair_value": 41.475268, "relative_strength": -13.501278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.10457, "energy": 14.627983, "activity_lines": [ 51.567833, 51.283581, 51.315489, 51.9025 ] }, { "date": "2024-11-15", "close": 52.584038, "volume": 497435, "typical_volume": 538850.55, "trend": 52.581012, "fair_value": 41.618743, "relative_strength": -9.020055, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.756123, "energy": 10.536226, "activity_lines": [ 51.97672, 51.585326, 51.377564, 51.902802 ] }, { "date": "2024-11-22", "close": 51.952667, "volume": 188283, "typical_volume": 485890.4, "trend": 52.536027, "fair_value": 41.756265, "relative_strength": -10.404573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.386361, "energy": 14.943666, "activity_lines": [ 52.066915, 51.713239, 51.386584, 51.862263 ] }, { "date": "2024-11-29", "close": 51.682083, "volume": 189188, "typical_volume": 467637.0, "trend": 52.445067, "fair_value": 41.882766, "relative_strength": -8.00668, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.196107, "energy": 11.970109, "activity_lines": [ 51.988747, 51.750958, 51.388302, 51.80717 ] }, { "date": "2024-12-06", "close": 53.035015, "volume": 805358, "typical_volume": 482628.8, "trend": 52.413419, "fair_value": 42.021749, "relative_strength": -9.040415, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.848827, "energy": 16.595243, "activity_lines": [ 52.325477, 52.013345, 51.538198, 51.845231 ] }, { "date": "2024-12-13", "close": 53.75658, "volume": 814106, "typical_volume": 505684.1, "trend": 52.414351, "fair_value": 42.162025, "relative_strength": -6.818246, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.755723, "energy": 33.678108, "activity_lines": [ 52.830572, 52.382327, 51.763687, 51.931887 ] }, { "date": "2024-12-20", "close": 53.305603, "volume": 759170, "typical_volume": 461577.6, "trend": 52.394565, "fair_value": 42.302266, "relative_strength": -5.229256, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.886061, "energy": 29.644277, "activity_lines": [ 53.065081, 52.623395, 51.943219, 51.989387 ] }, { "date": "2024-12-27", "close": 53.846775, "volume": 266007, "typical_volume": 412773.95, "trend": 52.353019, "fair_value": 42.448597, "relative_strength": -7.141358, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.731369, "energy": 44.547913, "activity_lines": [ 53.431876, 52.920221, 52.173433, 52.083078 ] }, { "date": "2025-01-03", "close": 55.380104, "volume": 468220, "typical_volume": 417717.4, "trend": 52.399541, "fair_value": 42.603327, "relative_strength": -2.653182, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.920277, "energy": 56.124554, "activity_lines": [ 54.183507, 53.440076, 52.531638, 52.278374 ] }, { "date": "2025-01-10", "close": 52.042866, "volume": 659407, "typical_volume": 431895.75, "trend": 52.337663, "fair_value": 42.729283, "relative_strength": -8.539261, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.18092, "energy": 23.907401, "activity_lines": [ 53.57619, 53.276085, 52.548819, 52.255362 ] }, { "date": "2025-01-17", "close": 53.215408, "volume": 435051, "typical_volume": 442588.8, "trend": 52.314871, "fair_value": 42.866804, "relative_strength": -6.691645, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.409935, "energy": 18.561852, "activity_lines": [ 53.425865, 53.323642, 52.673375, 52.311991 ] }, { "date": "2025-01-24", "close": 53.846775, "volume": 298131, "typical_volume": 436445.35, "trend": 52.307438, "fair_value": 43.013134, "relative_strength": -6.771183, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 51.567996, "energy": 27.042926, "activity_lines": [ 53.522073, 53.463035, 52.849041, 52.410824 ] }, { "date": "2025-02-07", "close": 52.94482, "volume": 289034, "typical_volume": 438942.05, "trend": 52.21123, "fair_value": 43.158445, "relative_strength": -7.802736, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.837068, "energy": 16.446801, "activity_lines": [ 53.281551, 53.415478, 52.917332, 52.451945 ] }, { "date": "2025-02-14", "close": 52.94482, "volume": 276035, "typical_volume": 443383.8, "trend": 52.118028, "fair_value": 43.306614, "relative_strength": -6.186879, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.816684, "energy": 15.925112, "activity_lines": [ 53.101159, 53.349881, 52.970161, 52.499273 ] }, { "date": "2025-02-21", "close": 53.576191, "volume": 396135, "typical_volume": 450690.55, "trend": 52.087962, "fair_value": 43.45121, "relative_strength": -7.051591, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.041569, "energy": 18.18558, "activity_lines": [ 53.293577, 53.37612, 53.071524, 52.593348 ] }, { "date": "2025-02-28", "close": 54.207558, "volume": 381052, "typical_volume": 463843.15, "trend": 52.12404, "fair_value": 43.600091, "relative_strength": -2.762517, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.265479, "energy": 25.268994, "activity_lines": [ 53.594229, 53.507313, 53.223997, 52.730097 ] }, { "date": "2025-03-07", "close": 53.485992, "volume": 194090, "typical_volume": 453466.0, "trend": 52.136066, "fair_value": 43.748395, "relative_strength": -1.464707, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.180971, "energy": 23.639342, "activity_lines": [ 53.588215, 53.499113, 53.293576, 52.817964 ] }, { "date": "2025-03-14", "close": 51.591885, "volume": 564193, "typical_volume": 465565.45, "trend": 52.187177, "fair_value": 43.8817, "relative_strength": -1.913802, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.926457, "energy": 4.70885, "activity_lines": [ 52.974885, 53.14325, 53.170739, 52.782856 ] }, { "date": "2025-03-21", "close": 52.584038, "volume": 251223, "typical_volume": 470750.75, "trend": 52.256327, "fair_value": 44.023746, "relative_strength": -0.723677, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.619735, "energy": 8.767028, "activity_lines": [ 52.782468, 53.008777, 53.138526, 52.80846 ] }, { "date": "2025-03-28", "close": 51.772278, "volume": 321009, "typical_volume": 475398.7, "trend": 52.277373, "fair_value": 44.154873, "relative_strength": 0.814107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.889431, "energy": 12.418853, "activity_lines": [ 52.343516, 52.777548, 53.022131, 52.777231 ] }, { "date": "2025-04-04", "close": 51.862473, "volume": 285011, "typical_volume": 416906.9, "trend": 52.295412, "fair_value": 44.28253, "relative_strength": 2.691129, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.047477, "energy": 22.630476, "activity_lines": [ 52.05489, 52.567638, 52.915184, 52.750463 ] }, { "date": "2025-04-11", "close": 44.421337, "volume": 893100, "typical_volume": 436690.15, "trend": 52.131557, "fair_value": 44.364393, "relative_strength": -3.750624, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -60.661741, "energy": 65.583846, "activity_lines": [ 49.442225, 51.029394, 52.099988, 52.242458 ] }, { "date": "2025-04-18", "close": 45.729172, "volume": 395762, "typical_volume": 447064.1, "trend": 51.99927, "fair_value": 44.448924, "relative_strength": 0.013058, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.332468, "energy": 83.023846, "activity_lines": [ 47.869815, 49.900309, 51.448218, 51.829401 ] }, { "date": "2025-04-25", "close": 46.81152, "volume": 216000, "typical_volume": 448404.7, "trend": 51.876002, "fair_value": 44.544203, "relative_strength": 0.192831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.177166, "energy": 82.953111, "activity_lines": [ 47.049035, 49.099208, 50.929163, 51.494708 ] }, { "date": "2025-05-02", "close": 48.25465, "volume": 311060, "typical_volume": 423689.8, "trend": 51.761754, "fair_value": 44.650162, "relative_strength": -0.998545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.337582, "energy": 80.150018, "activity_lines": [ 47.094133, 48.672009, 50.570743, 51.261072 ] }, { "date": "2025-05-09", "close": 48.615433, "volume": 323100, "typical_volume": 399139.5, "trend": 51.674565, "fair_value": 44.761768, "relative_strength": -0.578935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.118207, "energy": 64.754328, "activity_lines": [ 47.494, 48.407162, 50.269447, 51.058084 ] }, { "date": "2025-05-16", "close": 49.968365, "volume": 301750, "typical_volume": 376268.5, "trend": 51.641494, "fair_value": 44.881569, "relative_strength": -1.898835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.306084, "energy": 31.920735, "activity_lines": [ 48.561315, 48.489978, 50.121483, 50.948006 ] }, { "date": "2025-05-23", "close": 50.509541, "volume": 216015, "typical_volume": 373768.9, "trend": 51.632474, "fair_value": 45.00365, "relative_strength": 0.201283, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.15433, "energy": 21.632248, "activity_lines": [ 49.439219, 48.735146, 50.040952, 50.874977 ] }, { "date": "2025-05-30", "close": 50.68993, "volume": 165000, "typical_volume": 358607.9, "trend": 51.617442, "fair_value": 45.128553, "relative_strength": 2.100858, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.80552, "energy": 23.242828, "activity_lines": [ 50.058562, 49.032792, 49.993492, 50.814168 ] }, { "date": "2025-06-06", "close": 52.403645, "volume": 933413, "typical_volume": 372308.2, "trend": 51.632474, "fair_value": 45.262775, "relative_strength": 4.182962, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.051197, "energy": 18.540245, "activity_lines": [ 50.990582, 49.67646, 50.131577, 50.86489 ] }, { "date": "2025-06-13", "close": 51.411495, "volume": 332057, "typical_volume": 367158.5, "trend": 51.614435, "fair_value": 45.391351, "relative_strength": 0.418249, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.842742, "energy": 20.681657, "activity_lines": [ 51.315286, 50.128258, 50.173453, 50.850634 ] }, { "date": "2025-06-20", "close": 50.058559, "volume": 342000, "typical_volume": 369351.95, "trend": 51.530253, "fair_value": 45.508874, "relative_strength": -2.002632, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.62343, "energy": 14.736423, "activity_lines": [ 51.002607, 50.342267, 50.095069, 50.750255 ] }, { "date": "2025-06-27", "close": 52.854626, "volume": 469167, "typical_volume": 378358.6, "trend": 51.560318, "fair_value": 45.645749, "relative_strength": 1.003378, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.733392, "energy": 20.154656, "activity_lines": [ 51.615938, 50.962157, 50.301015, 50.835698 ] }, { "date": "2025-07-04", "close": 57.075432, "volume": 2568798, "typical_volume": 492996.75, "trend": 51.740096, "fair_value": 45.810394, "relative_strength": 9.06048, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.299313, "energy": 46.399142, "activity_lines": [ 53.479865, 52.219912, 50.909373, 51.191512 ] }, { "date": "2025-07-11", "close": 55.084427, "volume": 2135345, "typical_volume": 579957.25, "trend": 51.80841, "fair_value": 45.971564, "relative_strength": 4.270281, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.430221, "energy": 56.79432, "activity_lines": [ 54.254424, 52.929051, 51.308442, 51.407275 ] }, { "date": "2025-07-18", "close": 54.799999, "volume": 1355056, "typical_volume": 628657.45, "trend": 51.843191, "fair_value": 46.125732, "relative_strength": 0.916926, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.758107, "energy": 61.485889, "activity_lines": [ 54.755454, 53.462297, 51.67324, 51.600281 ] }, { "date": "2025-07-25", "close": 53.946712, "volume": 399001, "typical_volume": 638903.0, "trend": 51.864561, "fair_value": 46.275464, "relative_strength": -0.514392, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.296174, "energy": 57.948698, "activity_lines": [ 54.746155, 53.727953, 51.953952, 51.735992 ] }, { "date": "2025-08-01", "close": 53.567473, "volume": 376547, "typical_volume": 629520.7, "trend": 51.855251, "fair_value": 46.419665, "relative_strength": -1.414153, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.612527, "energy": 36.579002, "activity_lines": [ 54.351233, 53.852323, 52.196351, 51.845857 ] }, { "date": "2025-08-08", "close": 54.98962, "volume": 4561008, "typical_volume": 845009.95, "trend": 51.842235, "fair_value": 46.570657, "relative_strength": -1.133296, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.444611, "energy": 35.39191, "activity_lines": [ 54.382837, 54.179667, 52.564786, 52.048075 ] }, { "date": "2025-08-15", "close": 54.041523, "volume": 1571503, "typical_volume": 907534.65, "trend": 51.908857, "fair_value": 46.715055, "relative_strength": -4.000102, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.983733, "energy": 25.413053, "activity_lines": [ 54.237462, 54.256453, 52.831471, 52.189964 ] }, { "date": "2025-08-22", "close": 53.662281, "volume": 752150, "typical_volume": 930891.6, "trend": 51.923752, "fair_value": 46.858572, "relative_strength": -2.385763, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.758131, "energy": 22.360657, "activity_lines": [ 54.035201, 54.234507, 53.051231, 52.303088 ] }, { "date": "2025-08-29", "close": 53.851902, "volume": 926147, "typical_volume": 932543.95, "trend": 51.923923, "fair_value": 47.006146, "relative_strength": -3.866668, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.567363, "energy": 21.463101, "activity_lines": [ 53.971994, 54.206113, 53.28048, 52.427485 ] }, { "date": "2025-09-05", "close": 52.429756, "volume": 946132, "typical_volume": 960062.45, "trend": 51.906754, "fair_value": 47.144087, "relative_strength": -7.277839, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.914326, "energy": 15.022972, "activity_lines": [ 53.44106, 53.850178, 53.329379, 52.460119 ] }, { "date": "2025-09-12", "close": 50.343941, "volume": 1256658, "typical_volume": 1012095.35, "trend": 51.820058, "fair_value": 47.269433, "relative_strength": -14.159176, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.262378, "energy": 8.535568, "activity_lines": [ 52.290701, 53.122729, 53.147722, 52.359293 ] }, { "date": "2025-09-19", "close": 50.628376, "volume": 624321, "typical_volume": 1027758.4, "trend": 51.721798, "fair_value": 47.397635, "relative_strength": -13.804957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.124349, "energy": 20.678105, "activity_lines": [ 51.544866, 52.569386, 52.976332, 52.28241 ] }, { "date": "2025-09-26", "close": 50.249134, "volume": 451371, "typical_volume": 1034171.95, "trend": 51.58985, "fair_value": 47.520823, "relative_strength": -14.230885, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.094807, "energy": 30.925561, "activity_lines": [ 50.900161, 52.028109, 52.757521, 52.187399 ] }, { "date": "2025-10-03", "close": 49.33606, "volume": 323572, "typical_volume": 1035263.05, "trend": 51.451519, "fair_value": 47.637899, "relative_strength": -19.219393, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.190883, "energy": 50.035716, "activity_lines": [ 50.17864, 51.403561, 52.443971, 52.041994 ] }, { "date": "2025-10-10", "close": 51.292038, "volume": 1053400, "typical_volume": 1077132.3, "trend": 51.441525, "fair_value": 47.771647, "relative_strength": -17.389256, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.757164, "energy": 43.918411, "activity_lines": [ 50.410168, 51.218476, 52.319716, 52.031705 ] }, { "date": "2025-10-17", "close": 49.20623, "volume": 659171, "typical_volume": 1101840.85, "trend": 51.328931, "fair_value": 47.892283, "relative_strength": -20.465514, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.021546, "energy": 44.802261, "activity_lines": [ 50.022275, 50.695524, 51.993085, 51.887492 ] }, { "date": "2025-10-24", "close": 49.775085, "volume": 249367, "typical_volume": 1067638.55, "trend": 51.262358, "fair_value": 48.022766, "relative_strength": -19.977318, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.907858, "energy": 38.528189, "activity_lines": [ 49.899848, 50.381154, 51.727697, 51.787244 ] }, { "date": "2025-10-31", "close": 49.395847, "volume": 339677, "typical_volume": 1068019.55, "trend": 51.180137, "fair_value": 48.154692, "relative_strength": -22.267344, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.269704, "energy": 29.793476, "activity_lines": [ 49.707893, 50.075402, 51.438708, 51.666824 ] }, { "date": "2025-11-07", "close": 48.826988, "volume": 963992, "typical_volume": 1099119.15, "trend": 51.326992, "fair_value": 48.283231, "relative_strength": -21.198831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.642724, "energy": 52.799965, "activity_lines": [ 49.383205, 49.743793, 51.10514, 51.515008 ] }, { "date": "2025-11-14", "close": 48.921799, "volume": 515157, "typical_volume": 1101418.65, "trend": 51.433413, "fair_value": 48.402302, "relative_strength": -20.025793, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.222782, "energy": 62.370958, "activity_lines": [ 49.124059, 49.520785, 50.786466, 51.359834 ] }, { "date": "2025-11-21", "close": 48.068512, "volume": 708159, "typical_volume": 1008386.7, "trend": 51.475313, "fair_value": 48.514353, "relative_strength": -18.211608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.054183, "energy": 68.180617, "activity_lines": [ 48.7385, 49.206414, 50.405255, 51.142744 ] }, { "date": "2025-11-28", "close": 49.111416, "volume": 694100, "typical_volume": 936324.45, "trend": 51.503871, "fair_value": 48.631023, "relative_strength": -19.700485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.596975, "energy": 57.023331, "activity_lines": [ 48.776423, 49.123034, 50.166258, 50.990234 ] }, { "date": "2025-12-05", "close": 46.741177, "volume": 1545499, "typical_volume": 945846.6, "trend": 51.441396, "fair_value": 48.730432, "relative_strength": -24.114794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.259955, "energy": 63.497887, "activity_lines": [ 48.068511, 48.636282, 49.729967, 50.682964 ] }, { "date": "2025-12-12", "close": 46.741177, "volume": 877065, "typical_volume": 969749.8, "trend": 51.333823, "fair_value": 48.827516, "relative_strength": -24.283024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.028957, "energy": 69.835349, "activity_lines": [ 47.537578, 48.213312, 49.332051, 50.379724 ] }, { "date": "2025-12-19", "close": 46.741177, "volume": 401474, "typical_volume": 970996.15, "trend": 51.208211, "fair_value": 48.925892, "relative_strength": -22.470547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.669616, "energy": 70.221284, "activity_lines": [ 47.145698, 47.837521, 48.968447, 50.083424 ] }, { "date": "2025-12-26", "close": 46.409344, "volume": 322391, "typical_volume": 759065.3, "trend": 51.065525, "fair_value": 49.022399, "relative_strength": -24.845159, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.770623, "energy": 78.064242, "activity_lines": [ 46.788582, 47.48414, 48.605746, 49.773819 ] }, { "date": "2026-01-02", "close": 51.102425, "volume": 6499085, "typical_volume": 1005444.4, "trend": 51.022151, "fair_value": 49.149764, "relative_strength": -19.071534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.642806, "energy": 26.731404, "activity_lines": [ 48.106438, 48.034898, 48.730864, 49.7762 ] }, { "date": "2026-01-09", "close": 56.411762, "volume": 17533714, "typical_volume": 1844522.6, "trend": 51.188827, "fair_value": 49.31039, "relative_strength": -13.001798, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 17.444599, "energy": 24.760757, "activity_lines": [ 51.061338, 49.526858, 49.375629, 50.123917 ] }, { "date": "2026-01-16", "close": 55.368858, "volume": 5019094, "typical_volume": 2049169.95, "trend": 51.365837, "fair_value": 49.463038, "relative_strength": -17.283795, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.498504, "energy": 44.828917, "activity_lines": [ 53.023899, 50.701636, 49.907976, 50.393596 ] }, { "date": "2026-01-23", "close": 56.885811, "volume": 12756682, "typical_volume": 2639697.45, "trend": 51.500209, "fair_value": 49.624376, "relative_strength": -16.094456, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.783742, "energy": 50.745422, "activity_lines": [ 54.916931, 52.033281, 50.577572, 50.749724 ] }, { "date": "2026-01-30", "close": 59.540482, "volume": 9551943, "typical_volume": 3054461.7, "trend": 51.582378, "fair_value": 49.803249, "relative_strength": -12.114747, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.316015, "energy": 77.91247, "activity_lines": [ 57.018545, 53.702793, 51.478775, 51.268451 ] }, { "date": "2026-02-06", "close": 55.653286, "volume": 13459633, "typical_volume": 3696227.3, "trend": 51.60134, "fair_value": 49.949453, "relative_strength": -16.744715, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.052838, "energy": 65.865442, "activity_lines": [ 56.949018, 54.45696, 51.965975, 51.53109 ] }, { "date": "2026-02-13", "close": 55.842907, "volume": 1253922, "typical_volume": 3736354.85, "trend": 51.636103, "fair_value": 50.098423, "relative_strength": -20.538097, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.392081, "energy": 55.454453, "activity_lines": [ 56.639307, 55.126662, 52.447306, 51.80474 ] }, { "date": "2026-02-27", "close": 55.653286, "volume": 1674337, "typical_volume": 3803893.1, "trend": 51.692989, "fair_value": 50.246178, "relative_strength": -24.375377, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.945199, "energy": 45.760581, "activity_lines": [ 56.304313, 55.596401, 52.883941, 52.063913 ] }, { "date": "2026-03-06", "close": 50.912804, "volume": 1940135, "typical_volume": 3848229.85, "trend": 51.6045, "fair_value": 50.352953, "relative_strength": -26.51128, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.287025, "energy": 19.302975, "activity_lines": [ 54.370196, 55.042195, 52.839019, 52.013578 ] }, { "date": "2026-03-13", "close": 53.662281, "volume": 3010030, "typical_volume": 3965772.8, "trend": 51.560256, "fair_value": 50.473736, "relative_strength": -21.522521, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.87625, "energy": 19.09903, "activity_lines": [ 53.750772, 54.912047, 53.057758, 52.146338 ] }, { "date": "2026-03-20", "close": 64.375778, "volume": 25426946, "typical_volume": 5224651.75, "trend": 51.904731, "fair_value": 50.66707, "relative_strength": -5.878072, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.749488, "energy": 38.299498, "activity_lines": [ 57.094394, 56.597936, 54.275611, 52.973146 ] }, { "date": "2026-03-27", "close": 56.791004, "volume": 4274199, "typical_volume": 5421377.85, "trend": 52.009021, "fair_value": 50.797058, "relative_strength": -15.365137, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.845969, "energy": 28.447929, "activity_lines": [ 57.328258, 56.663441, 54.701578, 53.28839 ] }, { "date": "2026-04-03", "close": 54.041523, "volume": 1773325, "typical_volume": 5461844.5, "trend": 52.015342, "fair_value": 50.887721, "relative_strength": -17.550083, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.903421, "energy": 28.395665, "activity_lines": [ 56.582422, 56.222145, 54.830474, 53.419519 ] }, { "date": "2026-04-10", "close": 56.222145, "volume": 1573978, "typical_volume": 5514785.55, "trend": 52.141755, "fair_value": 50.981513, "relative_strength": -20.470035, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.09727, "energy": 29.705003, "activity_lines": [ 56.670911, 56.201459, 55.142217, 53.690926 ] }, { "date": "2026-04-17", "close": 57.075432, "volume": 2427746, "typical_volume": 5600764.9, "trend": 52.366138, "fair_value": 51.083874, "relative_strength": -21.758881, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.760504, "energy": 22.736516, "activity_lines": [ 56.689873, 56.347983, 55.500463, 54.009227 ] }, { "date": "2026-04-24", "close": 54.98962, "volume": 2252888, "typical_volume": 5678704.3, "trend": 52.511513, "fair_value": 51.161497, "relative_strength": -28.078918, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.881099, "energy": 14.912978, "activity_lines": [ 55.786021, 56.160088, 55.617169, 54.178484 ] }, { "date": "2026-05-01", "close": 53.757092, "volume": 1422920, "typical_volume": 5672575.35, "trend": 52.628445, "fair_value": 51.238453, "relative_strength": -29.002974, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.207178, "energy": 12.089761, "activity_lines": [ 55.09707, 55.760163, 55.5885, 54.258844 ] }, { "date": "2026-05-08", "close": 55.274048, "volume": 2412050, "typical_volume": 5749324.6, "trend": 52.826378, "fair_value": 51.315316, "relative_strength": -31.020259, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.616309, "energy": 12.901661, "activity_lines": [ 55.116032, 55.673973, 55.670894, 54.429528 ] }, { "date": "2026-05-15", "close": 53.757092, "volume": 2030426, "typical_volume": 5830772.2, "trend": 52.908546, "fair_value": 51.383489, "relative_strength": -31.513491, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.743352, "energy": 9.755016, "activity_lines": [ 54.547173, 55.318867, 55.568184, 54.489574 ] }, { "date": "2026-05-22", "close": 56.032524, "volume": 1723226, "typical_volume": 5900813.95, "trend": 53.136089, "fair_value": 51.463147, "relative_strength": -29.783644, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.80403, "energy": 10.061881, "activity_lines": [ 54.901129, 55.325762, 55.648772, 54.691121 ] }, { "date": "2026-05-29", "close": 55.463669, "volume": 2078703, "typical_volume": 5679794.85, "trend": 53.325709, "fair_value": 51.537609, "relative_strength": -33.587115, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.461211, "energy": 7.270188, "activity_lines": [ 55.134994, 55.186134, 55.629359, 54.841288 ] }, { "date": "2026-06-05", "close": 58.023529, "volume": 3116257, "typical_volume": 4958922.0, "trend": 53.613298, "fair_value": 51.626414, "relative_strength": -30.261984, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.856012, "energy": 18.476311, "activity_lines": [ 56.190542, 55.673972, 55.832974, 55.144373 ] }, { "date": "2026-06-12", "close": 56.411762, "volume": 2192295, "typical_volume": 4817582.05, "trend": 53.866124, "fair_value": 51.693003, "relative_strength": -29.981632, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 33.074606, "energy": 19.78928, "activity_lines": [ 56.424405, 55.846353, 55.875412, 55.324919 ] }, { "date": "2026-06-19", "close": 56.222145, "volume": 1200002, "typical_volume": 4239748.05, "trend": 54.109469, "fair_value": 51.701025, "relative_strength": -32.873389, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 43.450499, "energy": 29.31229, "activity_lines": [ 56.519215, 55.941163, 55.894826, 55.47692 ] }, { "date": "2026-06-26", "close": 53.599998, "volume": 2002603, "typical_volume": 3862281.05, "trend": 54.293852, "fair_value": 51.707223, "relative_strength": -32.516523, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.632907, "energy": 10.013795, "activity_lines": [ 55.575639, 55.559219, 55.667671, 55.444051 ] }, { "date": "2026-07-03", "close": 54.799999, "volume": 945998, "typical_volume": 3236599.3, "trend": 54.483471, "fair_value": 51.732479, "relative_strength": -33.423289, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.929303, "energy": 7.790683, "activity_lines": [ 55.194232, 55.458646, 55.58309, 55.476706 ] }, { "date": "2026-07-10", "close": 55.700001, "volume": 0, "typical_volume": 3173903.2, "trend": 54.782099, "fair_value": 51.765572, "relative_strength": -29.193672, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.389872, "energy": 11.099163, "activity_lines": [ 55.15707, 55.525158, 55.588287, 55.555192 ] }, { "date": "2026-07-17", "close": 53.5, "volume": 1014714, "typical_volume": 3140922.05, "trend": 55.007393, "fair_value": 51.800188, "relative_strength": -26.765687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.05078, "energy": 22.489753, "activity_lines": [ 54.541476, 55.156344, 55.384641, 55.472475 ] }, { "date": "2026-07-24", "close": 54.299999, "volume": 884150, "typical_volume": 3088122.8, "trend": 55.259354, "fair_value": 51.846492, "relative_strength": -26.436547, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.79905, "energy": 27.855594, "activity_lines": [ 54.386666, 54.96524, 55.267439, 55.426837 ] }, { "date": "2026-07-31", "close": 54.599998, "volume": 1288596, "typical_volume": 3002051.1, "trend": 55.532375, "fair_value": 51.890893, "relative_strength": -24.213451, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.176449, "energy": 31.535792, "activity_lines": [ 54.459999, 54.81881, 55.162678, 55.384298 ] }, { "date": "2026-08-07", "close": 53.799999, "volume": 1096470, "typical_volume": 1785527.3, "trend": 55.622294, "fair_value": 51.922512, "relative_strength": -26.284326, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.613911, "energy": 37.943295, "activity_lines": [ 54.199999, 54.552972, 54.977262, 55.272532 ] }, { "date": "2026-08-14", "close": 54.400002, "volume": 709519, "typical_volume": 1607293.3, "trend": 55.555236, "fair_value": 51.94759, "relative_strength": -27.105414, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.667868, "energy": 25.33073, "activity_lines": [ 54.206667, 54.426473, 54.89935, 55.193674 ] } ], "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." } } }