{ "ticker": { "uuid": "ceda6fa4-fb47-4c41-a13c-68bd5d9b72e4", "symbol": "00663L", "name": "Cathay TAIEX Daily Leveraged 2X ETF", "exchange": "TAI", "country": "TW", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^TWII", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 74.415, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 30.803, "architecture_energy": 24.308, "architecture_maturity": 76.592, "architecture_confidence": 89.727, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 46.89, "rotation_up": 22.23, "upward_expansion": 55.63, "deceleration": 91.16, "rotation_down": 32.92, "downward_expansion": 19.29 }, "activity_lines": [ 96.056666, 99.747273, 97.885477, 90.774087 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 96.599998, "trend_reference": 80.843334, "distance_from_trend": 0.194904, "trend_direction": "Improving", "fair_value": 131.919341, "distance_from_fair_value": -0.267734, "fair_value_direction": "Improving", "relative_strength": 19.048801, "relative_strength_direction": "Improving", "price_momentum": 0.658369, "excess_performance": 0.279057, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.194904, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.310505, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.267734, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.035253, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.190488, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.130738, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.658369, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.529213, "read": "Supply-led" } ], "volume": { "latest": 41689125, "relative_activity": 0.819549, "balance": 0.529213, "dry_up": 1.23902, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.118052, "annualized_volatility": 0.589637, "from_high_reference": -0.161094, "from_low_reference": 2.157895 }, "levels": { "trend_reference": 80.843334, "fair_value_reference": 131.919341, "structural_low": 54.349998, "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": 13, "median_return": 0.024131, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": 0.005946, "regime_survival": 0.384615, "best_return": 0.431065, "worst_return": -0.111971, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.204031, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.113249, "regime_survival": 0.125, "best_return": 0.968586, "worst_return": -0.128185, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.180288, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.104151, "regime_survival": 0.0, "best_return": 0.865803, "worst_return": -0.275478, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.047801, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.017277, "regime_survival": 0.333333, "best_return": 0.782212, "worst_return": -0.824302, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-08-02", "tenure": "Extended", "return": 0.516347, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-10-18", "tenure": "Developing", "return": 0.202172, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": -0.042004, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2025-03-14", "tenure": "Established", "return": -0.059461, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.054135, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-08-08", "tenure": "Established", "return": -0.818651, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": -0.003531, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-05", "end": "2025-10-31", "tenure": "Developing", "return": 0.350585, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": -0.020838, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-19", "tenure": "Developing", "return": 0.095013, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-27", "tenure": "Established", "return": 0.288827, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.279232, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-17", "tenure": "Established", "return": 0.131208, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.006774, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 125.699997, "volume": 1545000, "typical_volume": 266300.0, "trend": 111.67, "fair_value": 100.488461, "relative_strength": 13.741119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.674055, "energy": 55.194016, "activity_lines": [ 128.406667, 127.66091, 122.293572, 117.83086 ] }, { "date": "2023-08-11", "close": 122.400002, "volume": 183000, "typical_volume": 271350.0, "trend": 112.806667, "fair_value": 100.936218, "relative_strength": 12.040262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.815624, "energy": 39.101197, "activity_lines": [ 126.563334, 126.878182, 122.764524, 118.523119 ] }, { "date": "2023-08-18", "close": 118.949997, "volume": 163000, "typical_volume": 275550.0, "trend": 113.628333, "fair_value": 101.336218, "relative_strength": 10.096498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.377734, "energy": 26.902753, "activity_lines": [ 123.566666, 125.431818, 122.842381, 118.919462 ] }, { "date": "2023-08-25", "close": 119.900002, "volume": 99000, "typical_volume": 279100.0, "trend": 114.443333, "fair_value": 101.735256, "relative_strength": 10.052913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.742087, "energy": 26.266545, "activity_lines": [ 121.76, 124.239091, 122.959286, 119.324086 ] }, { "date": "2023-09-01", "close": 123.400002, "volume": 216000, "typical_volume": 286550.0, "trend": 115.085, "fair_value": 102.153846, "relative_strength": 11.862681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.26712, "energy": 24.449583, "activity_lines": [ 121.596667, 123.862728, 123.351191, 119.901936 ] }, { "date": "2023-09-08", "close": 121.400002, "volume": 115000, "typical_volume": 285300.0, "trend": 115.675, "fair_value": 102.572115, "relative_strength": 10.148634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.467387, "energy": 17.884406, "activity_lines": [ 121.373335, 123.217274, 123.486191, 120.309355 ] }, { "date": "2023-09-15", "close": 126.5, "volume": 182000, "typical_volume": 282950.0, "trend": 116.49, "fair_value": 103.015705, "relative_strength": 12.008301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.922535, "energy": 16.788431, "activity_lines": [ 123.136668, 123.568182, 124.028572, 121.007742 ] }, { "date": "2023-09-22", "close": 117.900002, "volume": 43019, "typical_volume": 281150.95, "trend": 116.963334, "fair_value": 103.407372, "relative_strength": 7.739723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.035161, "energy": 6.118618, "activity_lines": [ 121.760001, 122.280001, 123.642858, 121.09871 ] }, { "date": "2023-09-29", "close": 118.5, "volume": 29000, "typical_volume": 279250.95, "trend": 117.436667, "fair_value": 103.800962, "relative_strength": 7.844883, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.168316, "energy": 7.632424, "activity_lines": [ 120.653334, 121.358183, 123.25381, 121.19785 ] }, { "date": "2023-10-06", "close": 120.800003, "volume": 204000, "typical_volume": 276500.95, "trend": 118.038334, "fair_value": 104.191667, "relative_strength": 8.32644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.07173, "energy": 10.490309, "activity_lines": [ 120.406668, 121.010001, 123.014763, 121.414839 ] }, { "date": "2023-10-13", "close": 124.5, "volume": 195000, "typical_volume": 280900.95, "trend": 118.778334, "fair_value": 104.644231, "relative_strength": 9.405576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.724206, "energy": 16.679273, "activity_lines": [ 121.566668, 121.547274, 123.090239, 121.831721 ] }, { "date": "2023-10-20", "close": 118.900002, "volume": 497000, "typical_volume": 301850.95, "trend": 119.113334, "fair_value": 105.044231, "relative_strength": 6.160684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.143647, "energy": 7.596533, "activity_lines": [ 120.653335, 121.088183, 122.598334, 121.839571 ] }, { "date": "2023-10-27", "close": 114.900002, "volume": 811001, "typical_volume": 339801.0, "trend": 119.338334, "fair_value": 105.397115, "relative_strength": 4.040965, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.649565, "energy": 22.159047, "activity_lines": [ 118.913335, 119.965456, 121.73262, 121.567743 ] }, { "date": "2023-11-03", "close": 120.050003, "volume": 200000, "typical_volume": 348801.0, "trend": 119.751667, "fair_value": 105.789423, "relative_strength": 5.695038, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.987345, "energy": 16.831333, "activity_lines": [ 119.090002, 119.852729, 121.397858, 121.613657 ] }, { "date": "2023-11-10", "close": 122.75, "volume": 58281, "typical_volume": 350565.05, "trend": 120.195001, "fair_value": 106.189744, "relative_strength": 6.392826, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.321089, "energy": 15.12765, "activity_lines": [ 120.063335, 120.228183, 121.366668, 121.807098 ] }, { "date": "2023-11-17", "close": 130.149994, "volume": 174000, "typical_volume": 354415.05, "trend": 121.035, "fair_value": 106.660256, "relative_strength": 8.867653, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.951772, "energy": 22.601622, "activity_lines": [ 123.373332, 121.960909, 122.068096, 122.449355 ] }, { "date": "2023-11-24", "close": 131.449997, "volume": 447000, "typical_volume": 347465.05, "trend": 121.963334, "fair_value": 107.111218, "relative_strength": 9.021262, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.504745, "energy": 52.195603, "activity_lines": [ 126.739998, 123.770909, 122.869762, 123.121291 ] }, { "date": "2023-12-01", "close": 133.050003, "volume": 196000, "typical_volume": 338715.05, "trend": 122.891667, "fair_value": 107.550962, "relative_strength": 8.982344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.267402, "energy": 70.298024, "activity_lines": [ 129.803333, 125.781818, 123.780477, 123.83656 ] }, { "date": "2023-12-08", "close": 132.600006, "volume": 45000, "typical_volume": 332665.05, "trend": 123.845001, "fair_value": 107.956731, "relative_strength": 8.566091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.195955, "energy": 76.418895, "activity_lines": [ 131.506668, 127.435456, 124.643572, 124.462904 ] }, { "date": "2023-12-15", "close": 137.399994, "volume": 57000, "typical_volume": 272965.05, "trend": 124.663334, "fair_value": 108.383654, "relative_strength": 10.193116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.267792, "energy": 84.404348, "activity_lines": [ 133.973333, 129.705454, 125.937381, 125.33742 ] }, { "date": "2023-12-22", "close": 135.350006, "volume": 256000, "typical_volume": 208515.05, "trend": 125.263334, "fair_value": 108.779808, "relative_strength": 8.566176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.285806, "energy": 81.354381, "activity_lines": [ 134.780002, 131.30091, 127.01262, 126.026883 ] }, { "date": "2023-12-29", "close": 140.100006, "volume": 1243036, "typical_volume": 261516.85, "trend": 125.920001, "fair_value": 109.200641, "relative_strength": 9.755608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.946391, "energy": 86.092183, "activity_lines": [ 136.823337, 133.562729, 128.494287, 126.984087 ] }, { "date": "2024-01-05", "close": 134.649994, "volume": 1387067, "typical_volume": 322720.2, "trend": 126.295001, "fair_value": 109.584936, "relative_strength": 7.493165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.658907, "energy": 73.690664, "activity_lines": [ 136.473334, 134.448182, 129.37262, 127.547312 ] }, { "date": "2024-01-12", "close": 134.75, "volume": 382027, "typical_volume": 336871.55, "trend": 126.460001, "fair_value": 109.958974, "relative_strength": 7.164711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.554783, "energy": 52.872385, "activity_lines": [ 136.05, 134.992728, 130.185715, 128.092796 ] }, { "date": "2024-01-19", "close": 136.75, "volume": 916012, "typical_volume": 371872.15, "trend": 126.731667, "fair_value": 110.319551, "relative_strength": 7.323087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.611652, "energy": 51.506196, "activity_lines": [ 136.15, 135.633637, 131.118572, 128.756667 ] }, { "date": "2024-01-26", "close": 142.0, "volume": 260004, "typical_volume": 379122.35, "trend": 127.291667, "fair_value": 110.657692, "relative_strength": 9.065453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.529199, "energy": 57.158259, "activity_lines": [ 138.043333, 136.974546, 132.487858, 129.741721 ] }, { "date": "2024-02-02", "close": 143.0, "volume": 16002, "typical_volume": 370822.45, "trend": 127.980001, "fair_value": 110.991026, "relative_strength": 9.078461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.782524, "energy": 73.076423, "activity_lines": [ 139.826666, 138.281818, 133.854286, 130.755162 ] }, { "date": "2024-02-09", "close": 143.0, "volume": 8001, "typical_volume": 369071.55, "trend": 128.345001, "fair_value": 111.291667, "relative_strength": 8.501558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.62732, "energy": 84.340752, "activity_lines": [ 141.416667, 139.379091, 135.142143, 131.724194 ] }, { "date": "2024-02-16", "close": 152.949997, "volume": 13000, "typical_volume": 368271.55, "trend": 129.208334, "fair_value": 111.717949, "relative_strength": 12.380064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.442087, "energy": 96.15282, "activity_lines": [ 145.766666, 142.104545, 137.258095, 133.311613 ] }, { "date": "2024-02-23", "close": 156.5, "volume": 11000, "typical_volume": 358621.55, "trend": 130.008334, "fair_value": 112.123077, "relative_strength": 12.798655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.834881, "energy": 97.112798, "activity_lines": [ 150.086666, 145.105454, 139.548095, 135.072366 ] }, { "date": "2024-03-01", "close": 157.100006, "volume": 236113, "typical_volume": 360677.2, "trend": 131.055001, "fair_value": 112.486539, "relative_strength": 12.476294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.615802, "energy": 95.297892, "activity_lines": [ 153.290001, 147.868182, 141.725239, 136.820216 ] }, { "date": "2024-03-08", "close": 169.100006, "volume": 762000, "typical_volume": 373927.2, "trend": 132.611667, "fair_value": 112.960257, "relative_strength": 15.290467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.441668, "energy": 98.431684, "activity_lines": [ 159.48667, 152.417274, 144.890001, 139.274732 ] }, { "date": "2024-03-15", "close": 170.350006, "volume": 639002, "typical_volume": 365327.25, "trend": 134.325001, "fair_value": 113.449039, "relative_strength": 16.136397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.976281, "energy": 96.556319, "activity_lines": [ 164.360005, 156.666366, 147.934763, 141.709464 ] }, { "date": "2024-03-22", "close": 178.199997, "volume": 377001, "typical_volume": 374177.3, "trend": 136.268334, "fair_value": 113.956731, "relative_strength": 17.611565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.162503, "energy": 97.439569, "activity_lines": [ 170.026669, 161.693638, 151.463096, 144.540109 ] }, { "date": "2024-03-29", "close": 178.050003, "volume": 568020, "typical_volume": 399664.25, "trend": 138.090001, "fair_value": 114.474039, "relative_strength": 16.544488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.146868, "energy": 93.72946, "activity_lines": [ 173.960003, 165.903638, 154.700239, 147.2357 ] }, { "date": "2024-04-05", "close": 180.449997, "volume": 27001, "typical_volume": 392314.3, "trend": 140.058334, "fair_value": 114.988782, "relative_strength": 17.243298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.432714, "energy": 93.271578, "activity_lines": [ 177.256667, 169.799092, 157.90262, 149.968603 ] }, { "date": "2024-04-12", "close": 187.699997, "volume": 38002, "typical_volume": 371864.4, "trend": 142.098334, "fair_value": 115.527564, "relative_strength": 18.948285, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.061572, "energy": 91.527567, "activity_lines": [ 181.413332, 174.313637, 161.555953, 153.042259 ] }, { "date": "2024-04-19", "close": 165.399994, "volume": 2190003, "typical_volume": 471564.55, "trend": 143.681667, "fair_value": 115.9, "relative_strength": 10.820039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.586804, "energy": 66.624969, "activity_lines": [ 176.896663, 173.960908, 162.817619, 154.545592 ] }, { "date": "2024-04-26", "close": 176.0, "volume": 1175002, "typical_volume": 528064.65, "trend": 145.598334, "fair_value": 116.317308, "relative_strength": 13.843666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.798598, "energy": 62.96733, "activity_lines": [ 176.243331, 175.128181, 164.934762, 156.630645 ] }, { "date": "2024-05-03", "close": 180.350006, "volume": 57018, "typical_volume": 528065.55, "trend": 147.583334, "fair_value": 116.755449, "relative_strength": 14.838811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.037496, "energy": 61.630461, "activity_lines": [ 177.186667, 176.667273, 167.259524, 158.872689 ] }, { "date": "2024-05-10", "close": 185.350006, "volume": 27017, "typical_volume": 516616.4, "trend": 149.611667, "fair_value": 117.190705, "relative_strength": 15.222347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.876132, "energy": 58.909013, "activity_lines": [ 179.643336, 178.681819, 169.855953, 161.309248 ] }, { "date": "2024-05-17", "close": 196.350006, "volume": 292000, "typical_volume": 469064.6, "trend": 152.193334, "fair_value": 117.724039, "relative_strength": 18.243212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.156252, "energy": 71.413385, "activity_lines": [ 185.440004, 182.182729, 173.261906, 164.324625 ] }, { "date": "2024-05-24", "close": 201.25, "volume": 580175, "typical_volume": 428720.0, "trend": 155.071667, "fair_value": 118.41218, "relative_strength": 18.819425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.119785, "energy": 81.63299, "activity_lines": [ 192.293337, 186.079093, 176.866668, 167.489571 ] }, { "date": "2024-05-31", "close": 196.600006, "volume": 691003, "typical_volume": 444168.8, "trend": 157.623334, "fair_value": 119.029487, "relative_strength": 17.619562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.513177, "energy": 78.692205, "activity_lines": [ 195.206671, 188.568185, 179.71143, 170.168819 ] }, { "date": "2024-06-07", "close": 205.649994, "volume": 996001, "typical_volume": 448168.25, "trend": 160.386667, "fair_value": 119.656731, "relative_strength": 18.57616, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.483124, "energy": 89.982128, "activity_lines": [ 199.763334, 192.368183, 183.123573, 173.267313 ] }, { "date": "2024-06-14", "close": 217.800003, "volume": 283000, "typical_volume": 449318.05, "trend": 163.308334, "fair_value": 120.341026, "relative_strength": 21.33678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.229594, "energy": 92.44997, "activity_lines": [ 206.683334, 197.875456, 187.364763, 176.971399 ] }, { "date": "2024-06-21", "close": 234.600006, "volume": 69020, "typical_volume": 451968.95, "trend": 166.746668, "fair_value": 121.123718, "relative_strength": 25.696242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.073924, "energy": 94.53834, "activity_lines": [ 217.040002, 205.758184, 192.845002, 181.570862 ] }, { "date": "2024-06-28", "close": 231.800003, "volume": 62001, "typical_volume": 454668.95, "trend": 170.038335, "fair_value": 121.87468, "relative_strength": 24.593618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.29025, "energy": 92.579218, "activity_lines": [ 223.913336, 212.279094, 197.622383, 185.767851 ] }, { "date": "2024-07-05", "close": 241.25, "volume": 51004, "typical_volume": 456569.15, "trend": 173.660001, "fair_value": 122.677564, "relative_strength": 25.917556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.725273, "energy": 91.796456, "activity_lines": [ 231.900002, 219.310911, 202.876907, 190.362152 ] }, { "date": "2024-07-12", "close": 245.899994, "volume": 472031, "typical_volume": 479620.7, "trend": 177.276668, "fair_value": 123.492308, "relative_strength": 25.626332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.414336, "energy": 87.518838, "activity_lines": [ 238.46, 226.001819, 208.153811, 195.022797 ] }, { "date": "2024-07-19", "close": 228.050003, "volume": 1224002, "typical_volume": 529015.15, "trend": 180.366668, "fair_value": 124.190064, "relative_strength": 21.129461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.866159, "energy": 67.347577, "activity_lines": [ 236.386667, 228.255455, 211.305001, 198.298496 ] }, { "date": "2024-07-26", "close": 211.25, "volume": 1106001, "typical_volume": 546215.2, "trend": 182.738334, "fair_value": 124.763141, "relative_strength": 15.501413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.272067, "energy": 60.136112, "activity_lines": [ 228.03, 226.678182, 212.518334, 200.290969 ] }, { "date": "2024-08-02", "close": 201.75, "volume": 197051, "typical_volume": 524117.65, "trend": 184.975001, "fair_value": 125.295193, "relative_strength": 12.273974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.283903, "energy": 34.347306, "activity_lines": [ 218.063333, 223.102728, 212.626191, 201.517528 ] }, { "date": "2024-08-09", "close": 193.399994, "volume": 2505129, "typical_volume": 630524.05, "trend": 186.930001, "fair_value": 125.796475, "relative_strength": 8.06561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.940221, "energy": 25.580694, "activity_lines": [ 207.316665, 217.999999, 211.789286, 202.061076 ] }, { "date": "2024-08-16", "close": 210.649994, "volume": 1035036, "typical_volume": 653874.85, "trend": 189.393334, "fair_value": 126.38109, "relative_strength": 12.506362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.0979, "energy": 28.267824, "activity_lines": [ 205.509997, 216.091816, 212.522857, 203.591398 ] }, { "date": "2024-08-23", "close": 207.199997, "volume": 411002, "typical_volume": 673074.9, "trend": 191.566667, "fair_value": 126.988141, "relative_strength": 11.089606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.191699, "energy": 23.709202, "activity_lines": [ 204.90333, 213.465452, 212.772618, 204.740215 ] }, { "date": "2024-08-30", "close": 210.300003, "volume": 235001, "typical_volume": 682924.85, "trend": 193.810001, "fair_value": 127.665705, "relative_strength": 11.676479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.637893, "energy": 15.582041, "activity_lines": [ 206.719998, 211.595453, 213.190238, 205.948817 ] }, { "date": "2024-09-06", "close": 192.5, "volume": 418010, "typical_volume": 594325.2, "trend": 195.460001, "fair_value": 128.152885, "relative_strength": 5.797567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.196815, "energy": 10.212093, "activity_lines": [ 202.666666, 206.930908, 211.805, 205.864301 ] }, { "date": "2024-09-13", "close": 200.050003, "volume": 562000, "typical_volume": 563675.1, "trend": 197.030001, "fair_value": 128.65641, "relative_strength": 7.88776, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.091718, "energy": 11.38296, "activity_lines": [ 201.746667, 204.353636, 211.009762, 206.16043 ] }, { "date": "2024-09-20", "close": 207.699997, "volume": 104000, "typical_volume": 566024.2, "trend": 198.736667, "fair_value": 129.214103, "relative_strength": 9.459188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.095619, "energy": 11.15979, "activity_lines": [ 202.933333, 203.916363, 210.828571, 206.848817 ] }, { "date": "2024-09-27", "close": 222.199997, "volume": 98010, "typical_volume": 569573.85, "trend": 200.906667, "fair_value": 129.873077, "relative_strength": 13.064895, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.933138, "energy": 15.486549, "activity_lines": [ 209.149999, 206.809999, 211.898094, 208.36258 ] }, { "date": "2024-10-04", "close": 211.350006, "volume": 62047, "typical_volume": 558076.2, "trend": 202.315, "fair_value": 130.471475, "relative_strength": 9.522388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.94359, "energy": 16.21936, "activity_lines": [ 210.750001, 207.837273, 211.758809, 209.036344 ] }, { "date": "2024-10-11", "close": 220.800003, "volume": 315000, "typical_volume": 544817.45, "trend": 203.996667, "fair_value": 131.195513, "relative_strength": 10.879302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.615149, "energy": 26.85944, "activity_lines": [ 215.430002, 210.58091, 212.448095, 210.228925 ] }, { "date": "2024-10-18", "close": 232.5, "volume": 410006, "typical_volume": 530767.6, "trend": 205.806667, "fair_value": 131.981731, "relative_strength": 13.176003, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.696528, "energy": 49.011324, "activity_lines": [ 222.123335, 215.105455, 214.158571, 212.06785 ] }, { "date": "2024-10-25", "close": 228.550003, "volume": 38000, "typical_volume": 482867.55, "trend": 207.49, "fair_value": 132.732052, "relative_strength": 11.262191, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.114154, "energy": 56.407795, "activity_lines": [ 225.336669, 218.200911, 215.321905, 213.535162 ] }, { "date": "2024-11-01", "close": 216.449997, "volume": 1216000, "typical_volume": 529517.55, "trend": 208.69, "fair_value": 133.395193, "relative_strength": 7.47701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.769556, "energy": 48.366063, "activity_lines": [ 223.126667, 218.77091, 215.22381, 214.113226 ] }, { "date": "2024-11-08", "close": 231.550003, "volume": 1381022, "typical_volume": 595117.65, "trend": 210.151667, "fair_value": 134.15, "relative_strength": 10.602683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.430836, "energy": 57.014074, "activity_lines": [ 226.333334, 221.918183, 216.570238, 215.588065 ] }, { "date": "2024-11-15", "close": 216.949997, "volume": 329111, "typical_volume": 608473.15, "trend": 211.870001, "fair_value": 134.781731, "relative_strength": 6.867756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.616532, "energy": 29.284175, "activity_lines": [ 223.326666, 222.024546, 216.540714, 216.026667 ] }, { "date": "2024-11-22", "close": 218.949997, "volume": 448059, "typical_volume": 628325.9, "trend": 213.301667, "fair_value": 135.405128, "relative_strength": 6.642934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.661595, "energy": 18.503885, "activity_lines": [ 221.243332, 222.05, 216.772381, 216.483441 ] }, { "date": "2024-11-29", "close": 207.699997, "volume": 528022, "typical_volume": 631125.45, "trend": 214.213334, "fair_value": 135.92468, "relative_strength": 3.701777, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.967434, "energy": 6.55914, "activity_lines": [ 216.313331, 219.686363, 216.038809, 216.122043 ] }, { "date": "2024-12-06", "close": 222.949997, "volume": 330000, "typical_volume": 586425.35, "trend": 215.466667, "fair_value": 136.589423, "relative_strength": 6.397224, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.220907, "energy": 17.85137, "activity_lines": [ 217.856664, 220.095453, 216.939523, 216.685698 ] }, { "date": "2024-12-13", "close": 220.199997, "volume": 215000, "typical_volume": 541875.3, "trend": 216.261666, "fair_value": 137.201603, "relative_strength": 5.471485, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.800375, "energy": 15.230212, "activity_lines": [ 218.049997, 219.990907, 217.602618, 216.991075 ] }, { "date": "2024-12-20", "close": 212.550003, "volume": 133010, "typical_volume": 538673.25, "trend": 216.638333, "fair_value": 137.753205, "relative_strength": 3.729869, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.234862, "energy": 5.352595, "activity_lines": [ 216.449999, 218.334544, 217.494523, 216.751612 ] }, { "date": "2024-12-27", "close": 224.199997, "volume": 368000, "typical_volume": 431816.8, "trend": 217.558333, "fair_value": 138.383654, "relative_strength": 5.412117, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.491343, "energy": 11.447417, "activity_lines": [ 219.026665, 218.946362, 218.444523, 217.239462 ] }, { "date": "2025-01-03", "close": 217.149994, "volume": 97849, "typical_volume": 384957.45, "trend": 217.941666, "fair_value": 138.948718, "relative_strength": 3.344737, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.237747, "energy": 2.260851, "activity_lines": [ 218.903331, 218.42727, 218.576427, 217.213117 ] }, { "date": "2025-01-10", "close": 218.399994, "volume": 218000, "typical_volume": 375307.35, "trend": 217.961666, "fair_value": 139.49968, "relative_strength": 3.083628, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.933812, "energy": 1.747662, "activity_lines": [ 218.566663, 218.342724, 218.796427, 217.242687 ] }, { "date": "2025-01-17", "close": 218.199997, "volume": 617000, "typical_volume": 394407.3, "trend": 217.414999, "fair_value": 140.053205, "relative_strength": 2.022557, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.227412, "energy": 3.421504, "activity_lines": [ 218.466663, 218.18636, 218.944046, 217.258063 ] }, { "date": "2025-01-24", "close": 228.050003, "volume": 194150, "typical_volume": 383214.3, "trend": 217.289999, "fair_value": 140.660577, "relative_strength": 4.525641, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.860682, "energy": 28.723543, "activity_lines": [ 221.783331, 220.063634, 219.992141, 217.944192 ] }, { "date": "2025-02-07", "close": 223.399994, "volume": 224005, "typical_volume": 366314.55, "trend": 216.694999, "fair_value": 141.271154, "relative_strength": 2.261258, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.275973, "energy": 30.239511, "activity_lines": [ 222.516664, 220.893634, 220.428093, 218.338385 ] }, { "date": "2025-02-14", "close": 217.949997, "volume": 188000, "typical_volume": 370514.55, "trend": 215.763332, "fair_value": 141.86891, "relative_strength": 0.854789, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.533735, "energy": 25.272621, "activity_lines": [ 221.486664, 220.651815, 220.233807, 218.419353 ] }, { "date": "2025-02-21", "close": 228.300003, "volume": 38000, "typical_volume": 367514.05, "trend": 215.771665, "fair_value": 142.474359, "relative_strength": 2.775989, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.255839, "energy": 39.161663, "activity_lines": [ 223.853333, 222.105453, 220.976427, 219.228171 ] }, { "date": "2025-02-28", "close": 217.25, "volume": 101015, "typical_volume": 369462.45, "trend": 215.971665, "fair_value": 143.010257, "relative_strength": 0.438966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.796557, "energy": 16.604222, "activity_lines": [ 221.876666, 221.452726, 220.637617, 219.323547 ] }, { "date": "2025-03-07", "close": 206.350006, "volume": 547012, "typical_volume": 381063.05, "trend": 216.124999, "fair_value": 143.537821, "relative_strength": -2.752383, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.433008, "energy": 8.569198, "activity_lines": [ 216.330002, 218.871818, 219.232618, 218.702795 ] }, { "date": "2025-03-14", "close": 195.350006, "volume": 496024, "typical_volume": 385363.95, "trend": 216.189999, "fair_value": 143.984936, "relative_strength": -5.455202, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.941987, "energy": 50.631495, "activity_lines": [ 208.563337, 214.403638, 216.848809, 217.362473 ] }, { "date": "2025-03-21", "close": 199.5, "volume": 138021, "typical_volume": 390365.0, "trend": 215.818333, "fair_value": 144.50609, "relative_strength": -4.558642, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.525278, "energy": 59.444248, "activity_lines": [ 204.050003, 211.214547, 215.037143, 216.285699 ] }, { "date": "2025-03-28", "close": 188.699997, "volume": 140031, "typical_volume": 336566.55, "trend": 215.201666, "fair_value": 144.941346, "relative_strength": -7.178037, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.036566, "energy": 80.516032, "activity_lines": [ 197.166668, 206.382728, 212.335238, 214.536128 ] }, { "date": "2025-04-04", "close": 182.300003, "volume": 241000, "typical_volume": 279565.45, "trend": 214.268333, "fair_value": 145.312821, "relative_strength": -9.003647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.926398, "energy": 85.5635, "activity_lines": [ 190.790001, 200.927274, 209.155952, 212.413441 ] }, { "date": "2025-04-11", "close": 146.100006, "volume": 949069, "typical_volume": 310563.35, "trend": 212.721666, "fair_value": 145.46218, "relative_strength": -20.238518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.244586, "energy": 92.512984, "activity_lines": [ 174.676669, 189.54273, 202.763572, 208.015484 ] }, { "date": "2025-04-18", "close": 145.100006, "volume": 323042, "typical_volume": 304312.5, "trend": 210.89, "fair_value": 145.628846, "relative_strength": -19.980583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.665398, "energy": 95.243639, "activity_lines": [ 162.24667, 179.466367, 196.613335, 203.652796 ] }, { "date": "2025-04-25", "close": 151.649994, "volume": 371022, "typical_volume": 296462.5, "trend": 209.021666, "fair_value": 145.865705, "relative_strength": -18.237612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.566397, "energy": 89.995214, "activity_lines": [ 155.350001, 172.004547, 191.438572, 199.83086 ] }, { "date": "2025-05-02", "close": 164.449997, "volume": 298000, "typical_volume": 294862.5, "trend": 207.096666, "fair_value": 146.18109, "relative_strength": -15.092427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.794984, "energy": 85.727804, "activity_lines": [ 155.91, 168.075455, 187.749762, 196.955269 ] }, { "date": "2025-05-09", "close": 166.5, "volume": 483000, "typical_volume": 308262.5, "trend": 205.601666, "fair_value": 146.549359, "relative_strength": -14.396802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.389853, "energy": 72.611611, "activity_lines": [ 158.769999, 165.68, 184.534762, 194.336129 ] }, { "date": "2025-05-16", "close": 182.899994, "volume": 315005, "typical_volume": 317362.25, "trend": 204.338333, "fair_value": 147.0375, "relative_strength": -9.855181, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.731262, "energy": 43.095314, "activity_lines": [ 168.149997, 167.18909, 183.137381, 192.871505 ] }, { "date": "2025-05-23", "close": 178.149994, "volume": 233002, "typical_volume": 310612.35, "trend": 202.526666, "fair_value": 147.538141, "relative_strength": -11.234578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.2338, "energy": 28.795868, "activity_lines": [ 173.493329, 168.260907, 181.428809, 191.181935 ] }, { "date": "2025-05-30", "close": 175.399994, "volume": 263001, "typical_volume": 318869.95, "trend": 200.754999, "fair_value": 147.998398, "relative_strength": -11.150739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.581933, "energy": 26.551565, "activity_lines": [ 175.716662, 169.145452, 179.677618, 189.431827 ] }, { "date": "2025-06-06", "close": 24.30714, "volume": 2913547, "typical_volume": 453647.3, "trend": 194.350237, "fair_value": 147.480495, "relative_strength": -87.655753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.861771, "energy": 68.427471, "activity_lines": [ 125.992376, 142.99675, 163.735441, 178.048094 ] }, { "date": "2025-06-13", "close": 26.629999, "volume": 55860940, "typical_volume": 3215844.3, "trend": 187.51957, "fair_value": 146.949277, "relative_strength": -86.494379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.962217, "energy": 96.947014, "activity_lines": [ 86.385235, 120.259347, 148.93874, 167.227433 ] }, { "date": "2025-06-20", "close": 26.639999, "volume": 90678433, "typical_volume": 7740058.45, "trend": 181.175904, "fair_value": 146.426136, "relative_strength": -86.221405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.162245, "energy": 95.777306, "activity_lines": [ 56.106093, 100.354127, 135.05523, 156.848106 ] }, { "date": "2025-06-27", "close": 27.690001, "volume": 51262608, "typical_volume": 10291988.6, "trend": 174.80057, "fair_value": 145.978956, "relative_strength": -85.740121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.050844, "energy": 91.604257, "activity_lines": [ 36.594285, 82.811816, 122.230815, 146.94579 ] }, { "date": "2025-07-04", "close": 28.67, "volume": 33077551, "typical_volume": 11936466.15, "trend": 168.832904, "fair_value": 145.556007, "relative_strength": -84.917549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.307558, "energy": 88.514481, "activity_lines": [ 27.439809, 67.582414, 110.431686, 137.518011 ] }, { "date": "2025-07-11", "close": 29.370001, "volume": 30309810, "typical_volume": 13450056.65, "trend": 162.380237, "fair_value": 145.207097, "relative_strength": -84.368378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.312859, "energy": 88.517237, "activity_lines": [ 28.300667, 54.716285, 99.600557, 128.520405 ] }, { "date": "2025-07-18", "close": 31.290001, "volume": 29150565, "typical_volume": 14902534.15, "trend": 156.083237, "fair_value": 144.854148, "relative_strength": -83.45206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.92203, "energy": 87.681432, "activity_lines": [ 29.464001, 44.655246, 89.89957, 120.06297 ] }, { "date": "2025-07-25", "close": 31.23, "volume": 34040859, "typical_volume": 16577226.5, "trend": 150.039237, "fair_value": 144.49152, "relative_strength": -83.123974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.472038, "energy": 82.424938, "activity_lines": [ 30.296667, 37.041662, 81.078394, 112.007923 ] }, { "date": "2025-08-01", "close": 31.5, "volume": 37272216, "typical_volume": 18416036.1, "trend": 143.615904, "fair_value": 144.099213, "relative_strength": -82.683894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.922677, "energy": 66.786243, "activity_lines": [ 30.913334, 32.234805, 73.116836, 104.36023 ] }, { "date": "2025-08-08", "close": 33.060001, "volume": 30554152, "typical_volume": 19936842.65, "trend": 137.479571, "fair_value": 143.708251, "relative_strength": -81.914256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.299715, "energy": 61.854391, "activity_lines": [ 31.796001, 30.377948, 66.084088, 97.227591 ] }, { "date": "2025-08-15", "close": 33.98, "volume": 26375353, "typical_volume": 21248608.75, "trend": 131.332238, "fair_value": 143.31293, "relative_strength": -81.290326, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -51.944099, "energy": 60.996969, "activity_lines": [ 32.692667, 31.276364, 59.93153, 90.550199 ] }, { "date": "2025-08-22", "close": 32.5, "volume": 37004520, "typical_volume": 23086784.75, "trend": 125.142238, "fair_value": 142.885046, "relative_strength": -81.287491, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -51.308917, "energy": 59.481152, "activity_lines": [ 32.788667, 31.729819, 54.374782, 84.173926 ] }, { "date": "2025-08-29", "close": 33.860001, "volume": 28592800, "typical_volume": 24468971.3, "trend": 118.669238, "fair_value": 142.459789, "relative_strength": -80.472775, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -50.506842, "energy": 57.606, "activity_lines": [ 33.257334, 32.323819, 49.660891, 78.284749 ] }, { "date": "2025-09-05", "close": 34.200001, "volume": 29101096, "typical_volume": 25907874.0, "trend": 112.362571, "fair_value": 142.040559, "relative_strength": -80.055872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.999945, "energy": 83.549866, "activity_lines": [ 33.664001, 32.848364, 45.513857, 72.835121 ] }, { "date": "2025-09-12", "close": 37.25, "volume": 26683956, "typical_volume": 27223520.7, "trend": 106.339238, "fair_value": 141.696007, "relative_strength": -78.672477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.999747, "energy": 83.549385, "activity_lines": [ 34.907334, 33.809091, 42.185394, 67.989149 ] }, { "date": "2025-09-19", "close": 38.02, "volume": 22638706, "typical_volume": 28340556.0, "trend": 99.996571, "fair_value": 141.364405, "relative_strength": -77.840854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.99774, "energy": 83.544501, "activity_lines": [ 36.128, 34.753819, 39.475027, 63.581456 ] }, { "date": "2025-09-26", "close": 37.810001, "volume": 36520776, "typical_volume": 30142444.8, "trend": 94.015238, "fair_value": 141.034341, "relative_strength": -77.454641, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.989064, "energy": 83.523393, "activity_lines": [ 37.009334, 35.503091, 37.346708, 59.569419 ] }, { "date": "2025-10-03", "close": 40.990002, "volume": 27061041, "typical_volume": 31479746.6, "trend": 88.503238, "fair_value": 140.752866, "relative_strength": -76.060768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.867678, "energy": 60.079092, "activity_lines": [ 38.596668, 36.712001, 36.134055, 56.148436 ] }, { "date": "2025-10-10", "close": 42.82, "volume": 20496543, "typical_volume": 32492923.65, "trend": 83.418904, "fair_value": 140.537289, "relative_strength": -74.890605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.180676, "energy": 58.482591, "activity_lines": [ 40.318667, 38.076182, 35.771449, 53.20113 ] }, { "date": "2025-10-17", "close": 42.799999, "volume": 67328587, "typical_volume": 35846202.95, "trend": 78.195571, "fair_value": 140.299789, "relative_strength": -74.263005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.08844, "energy": 52.424231, "activity_lines": [ 41.459334, 39.230909, 36.051368, 50.580556 ] }, { "date": "2025-10-24", "close": 43.34, "volume": 32561573, "typical_volume": 37328604.25, "trend": 73.350238, "fair_value": 140.107738, "relative_strength": -73.458283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.324862, "energy": 34.920689, "activity_lines": [ 42.41, 40.306728, 37.014143, 48.331809 ] }, { "date": "2025-10-31", "close": 46.189999, "volume": 38240272, "typical_volume": 36447570.85, "trend": 68.813238, "fair_value": 139.957033, "relative_strength": -71.666351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.118187, "energy": 32.407206, "activity_lines": [ 43.956, 41.730545, 38.157715, 46.579536 ] }, { "date": "2025-11-07", "close": 43.669998, "volume": 56059229, "typical_volume": 34716610.65, "trend": 65.398904, "fair_value": 139.793379, "relative_strength": -71.907139, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -4.953762, "energy": 31.104863, "activity_lines": [ 44.103332, 42.447272, 38.968143, 44.957391 ] }, { "date": "2025-11-14", "close": 42.759998, "volume": 40314147, "typical_volume": 34169187.6, "trend": 61.98757, "fair_value": 139.606264, "relative_strength": -71.429357, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -4.456216, "energy": 23.575793, "activity_lines": [ 43.768665, 42.820181, 39.610809, 43.496817 ] }, { "date": "2025-11-21", "close": 40.099998, "volume": 69475253, "typical_volume": 35989072.7, "trend": 58.269237, "fair_value": 139.329341, "relative_strength": -71.424023, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.220219, "energy": 18.482729, "activity_lines": [ 42.551332, 42.553817, 39.928381, 42.084715 ] }, { "date": "2025-11-28", "close": 43.91, "volume": 40896835, "typical_volume": 36518423.95, "trend": 54.251237, "fair_value": 139.037738, "relative_strength": -69.168354, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -10.670163, "energy": 19.472801, "activity_lines": [ 42.783999, 42.928363, 40.554381, 41.158313 ] }, { "date": "2025-12-05", "close": 44.450001, "volume": 32240277, "typical_volume": 36672909.55, "trend": 50.182904, "fair_value": 138.729405, "relative_strength": -68.268189, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 2.84882, "energy": 16.268959, "activity_lines": [ 43.158666, 43.293999, 41.162571, 40.525975 ] }, { "date": "2025-12-12", "close": 45.41, "volume": 32676560, "typical_volume": 36604694.6, "trend": 45.599904, "fair_value": 138.413123, "relative_strength": -66.812313, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 19.852085, "energy": 19.532701, "activity_lines": [ 43.969333, 43.713454, 41.799524, 40.218046 ] }, { "date": "2025-12-19", "close": 43.91, "volume": 48114106, "typical_volume": 37146789.1, "trend": 41.125238, "fair_value": 138.104854, "relative_strength": -66.260252, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.206056, "energy": 46.991572, "activity_lines": [ 44.164, 43.779818, 42.226095, 40.10902 ] }, { "date": "2025-12-26", "close": 46.360001, "volume": 29417422, "typical_volume": 37089952.6, "trend": 36.823905, "fair_value": 137.830238, "relative_strength": -64.307982, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.792778, "energy": 71.709122, "activity_lines": [ 45.098667, 44.271818, 42.826905, 40.446746 ] }, { "date": "2026-01-02", "close": 49.0, "volume": 28380573, "typical_volume": 37190213.6, "trend": 37.647, "fair_value": 137.591136, "relative_strength": -62.017038, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.557882, "energy": 84.195616, "activity_lines": [ 46.496, 45.179091, 43.615809, 41.232301 ] }, { "date": "2026-01-09", "close": 52.200001, "volume": 36961252, "typical_volume": 37188050.2, "trend": 38.499333, "fair_value": 137.376392, "relative_strength": -59.413958, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.576811, "energy": 92.005754, "activity_lines": [ 48.620667, 46.565273, 44.637952, 42.171204 ] }, { "date": "2026-01-16", "close": 55.75, "volume": 32983206, "typical_volume": 37407570.5, "trend": 39.469667, "fair_value": 137.167738, "relative_strength": -56.685555, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.338057, "energy": 96.673606, "activity_lines": [ 51.412, 48.487637, 45.904381, 43.284151 ] }, { "date": "2026-01-23", "close": 57.599998, "volume": 40069868, "typical_volume": 37956009.1, "trend": 40.466667, "fair_value": 136.932482, "relative_strength": -54.390403, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.854953, "energy": 96.418561, "activity_lines": [ 54.130666, 50.526727, 47.242762, 44.453849 ] }, { "date": "2026-01-30", "close": 58.25, "volume": 38959167, "typical_volume": 38569769.65, "trend": 41.452667, "fair_value": 136.69402, "relative_strength": -52.189866, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.580886, "energy": 94.7103, "activity_lines": [ 56.153333, 52.414182, 48.531619, 45.601161 ] }, { "date": "2026-02-06", "close": 56.049999, "volume": 53274268, "typical_volume": 40101547.75, "trend": 42.342, "fair_value": 136.385687, "relative_strength": -51.693989, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.442645, "energy": 88.306782, "activity_lines": [ 56.649999, 53.571636, 49.510952, 46.542925 ] }, { "date": "2026-02-13", "close": 63.400002, "volume": 31484574, "typical_volume": 39849737.65, "trend": 43.412333, "fair_value": 136.127354, "relative_strength": -46.189641, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.531739, "energy": 92.002614, "activity_lines": [ 59.126667, 55.844727, 51.104428, 47.901505 ] }, { "date": "2026-02-27", "close": 70.300003, "volume": 40439165, "typical_volume": 40518643.85, "trend": 44.714667, "fair_value": 135.923828, "relative_strength": -40.905768, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.044811, "energy": 91.72926, "activity_lines": [ 63.156668, 59.027819, 53.233191, 49.636194 ] }, { "date": "2026-03-06", "close": 62.5, "volume": 101200790, "typical_volume": 44553856.2, "trend": 45.748, "fair_value": 135.659725, "relative_strength": -42.118162, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.767526, "energy": 67.359351, "activity_lines": [ 63.616668, 60.340182, 54.479524, 50.783635 ] }, { "date": "2026-03-13", "close": 60.75, "volume": 105442124, "typical_volume": 46459533.05, "trend": 46.671, "fair_value": 135.380559, "relative_strength": -40.810104, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.82447, "energy": 65.789683, "activity_lines": [ 63.166667, 60.996364, 55.465476, 51.751505 ] }, { "date": "2026-03-20", "close": 61.400002, "volume": 62356761, "typical_volume": 47949292.45, "trend": 47.585, "fair_value": 135.115495, "relative_strength": -37.678494, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.104543, "energy": 60.416854, "activity_lines": [ 62.766668, 61.509092, 56.427858, 52.701764 ] }, { "date": "2026-03-27", "close": 59.75, "volume": 97712571, "typical_volume": 50922907.4, "trend": 48.493333, "fair_value": 134.842738, "relative_strength": -35.533363, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.977307, "energy": 41.982102, "activity_lines": [ 61.460001, 61.496364, 57.147096, 53.486602 ] }, { "date": "2026-04-03", "close": 57.299999, "volume": 98134885, "typical_volume": 53026690.2, "trend": 49.274667, "fair_value": 134.512289, "relative_strength": -33.987762, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.182438, "energy": 29.447014, "activity_lines": [ 59.58, 60.90091, 57.568429, 54.054774 ] }, { "date": "2026-04-10", "close": 68.0, "volume": 59301305, "typical_volume": 53976048.1, "trend": 50.401333, "fair_value": 134.254918, "relative_strength": -24.32888, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.01225, "energy": 40.800258, "activity_lines": [ 62.133333, 62.222728, 58.943905, 55.26286 ] }, { "date": "2026-04-17", "close": 73.300003, "volume": 42111198, "typical_volume": 52607845.35, "trend": 51.603, "fair_value": 134.034725, "relative_strength": -18.095963, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.875138, "energy": 56.034798, "activity_lines": [ 66.086668, 64.319092, 60.703953, 56.740194 ] }, { "date": "2026-04-24", "close": 81.550003, "volume": 63641949, "typical_volume": 53745101.05, "trend": 53.054, "fair_value": 133.855879, "relative_strength": -10.025385, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.074273, "energy": 84.711378, "activity_lines": [ 71.953335, 67.641819, 63.09162, 58.672259 ] }, { "date": "2026-05-01", "close": 82.0, "volume": 39791095, "typical_volume": 54122641.95, "trend": 54.527, "fair_value": 133.708764, "relative_strength": -5.188768, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.010342, "energy": 92.386811, "activity_lines": [ 76.626668, 70.582728, 65.342906, 60.539742 ] }, { "date": "2026-05-08", "close": 93.150002, "volume": 47443960, "typical_volume": 54861011.95, "trend": 56.265667, "fair_value": 133.641777, "relative_strength": 5.974973, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.109112, "energy": 96.032177, "activity_lines": [ 83.533335, 75.212728, 68.477287, 63.031549 ] }, { "date": "2026-05-15", "close": 89.800003, "volume": 41407114, "typical_volume": 54525662.35, "trend": 57.831667, "fair_value": 133.543059, "relative_strength": 8.967278, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.184309, "energy": 91.52677, "activity_lines": [ 86.933335, 78.818183, 71.065287, 65.195055 ] }, { "date": "2026-05-22", "close": 94.400002, "volume": 39541527, "typical_volume": 55031867.6, "trend": 59.551667, "fair_value": 133.48152, "relative_strength": 18.574576, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.987351, "energy": 91.632211, "activity_lines": [ 90.413335, 82.763638, 73.872858, 67.554302 ] }, { "date": "2026-05-29", "close": 107.449997, "volume": 11881998, "typical_volume": 54206938.85, "trend": 61.688667, "fair_value": 133.446905, "relative_strength": 35.594608, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.734411, "energy": 95.486158, "activity_lines": [ 96.836667, 88.470001, 77.694525, 70.644517 ] }, { "date": "2026-06-05", "close": 106.650002, "volume": 64942941, "typical_volume": 55606023.3, "trend": 63.704, "fair_value": 133.378315, "relative_strength": 42.634284, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.859992, "energy": 90.871214, "activity_lines": [ 101.266667, 93.193637, 81.161668, 73.545248 ] }, { "date": "2026-06-12", "close": 101.449997, "volume": 17078630, "typical_volume": 54810794.5, "trend": 65.63, "fair_value": 133.256841, "relative_strength": 36.590335, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.239779, "energy": 82.321193, "activity_lines": [ 102.319999, 96.119091, 83.874286, 75.980474 ] }, { "date": "2026-06-19", "close": 111.900002, "volume": 44384023, "typical_volume": 55026502.25, "trend": 67.934667, "fair_value": 133.183123, "relative_strength": 41.273224, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.680153, "energy": 84.503683, "activity_lines": [ 106.303333, 100.141819, 87.364525, 78.965635 ] }, { "date": "2026-06-26", "close": 102.0, "volume": 26323909, "typical_volume": 54394739.35, "trend": 69.998001, "fair_value": 133.004918, "relative_strength": 32.628965, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.051388, "energy": 65.752102, "activity_lines": [ 105.513333, 101.566364, 89.653334, 81.163399 ] }, { "date": "2026-07-03", "close": 112.800003, "volume": 12771429, "typical_volume": 52369597.4, "trend": 72.294334, "fair_value": 132.903636, "relative_strength": 37.925023, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.682396, "energy": 68.696846, "activity_lines": [ 107.816668, 104.432728, 92.762382, 83.924818 ] }, { "date": "2026-07-10", "close": 105.900002, "volume": 58790896, "typical_volume": 53734913.5, "trend": 74.342667, "fair_value": 132.779918, "relative_strength": 32.015163, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.54351, "energy": 62.801532, "activity_lines": [ 107.463335, 105.476365, 94.944049, 86.092926 ] }, { "date": "2026-07-17", "close": 92.25, "volume": 68570438, "typical_volume": 55141477.15, "trend": 75.904001, "fair_value": 132.586969, "relative_strength": 21.08401, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.827787, "energy": 42.527346, "activity_lines": [ 102.610001, 103.603637, 95.623334, 87.248237 ] }, { "date": "2026-07-24", "close": 95.949997, "volume": 46724800, "typical_volume": 52417677.65, "trend": 77.638667, "fair_value": 132.355559, "relative_strength": 21.973428, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.828118, "energy": 33.775936, "activity_lines": [ 99.603333, 102.42, 96.550477, 88.541527 ] }, { "date": "2026-07-31", "close": 94.900002, "volume": 95123192, "typical_volume": 51901731.05, "trend": 79.256667, "fair_value": 132.149469, "relative_strength": 21.019568, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.101512, "energy": 23.601633, "activity_lines": [ 97.31, 100.933637, 97.218334, 89.655162 ] }, { "date": "2026-08-07", "close": 96.599998, "volume": 41689125, "typical_volume": 50868349.25, "trend": 80.843334, "fair_value": 131.919341, "relative_strength": 19.048801, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.803434, "energy": 24.307954, "activity_lines": [ 96.056666, 99.747273, 97.885477, 90.774087 ] } ], "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." } } }