{ "ticker": { "uuid": "d1490fa8-1f5d-4591-b663-a8c9dcaa9fea", "symbol": "1294", "name": "Hantech Bio-Technology Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.671, "architecture_energy": 61.386, "architecture_maturity": 16.349, "architecture_confidence": 88.935, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 21.31, "rotation_up": 12.69, "upward_expansion": 12.18, "deceleration": 41.53, "rotation_down": 67.02, "downward_expansion": 85.51 }, "activity_lines": [ 56.599999, 57.832012, 59.739025, 61.047625 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 57.299999, "trend_reference": 62.239371, "distance_from_trend": -0.079361, "trend_direction": "Weakening", "fair_value": 70.494664, "distance_from_fair_value": -0.187173, "fair_value_direction": "Weakening", "relative_strength": -35.013527, "relative_strength_direction": "Weakening", "price_momentum": -0.084862, "excess_performance": -0.526234, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.079361, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.0095, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.187173, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.081334, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.350135, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.035068, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.084862, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.297335, "read": "Supply-led" } ], "volume": { "latest": 94020, "relative_activity": 0.372828, "balance": 0.297335, "dry_up": 0.378655, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.060098, "annualized_volatility": 0.206755, "from_high_reference": -0.244267, "from_low_reference": 0.075047 }, "levels": { "trend_reference": 62.239371, "fair_value_reference": 70.494664, "structural_low": 53.299999, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": -0.027204, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": -0.023121, "regime_survival": 0.818182, "best_return": 0.148748, "worst_return": -0.191379, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.049499, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.14873, "regime_survival": 0.5, "best_return": 0.024258, "worst_return": -0.167241, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.11446, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.231361, "regime_survival": 0.0, "best_return": 0.005563, "worst_return": -0.234483, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.217947, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.442099, "regime_survival": 0.0, "best_return": -0.217947, "worst_return": -0.217947, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-09-06", "tenure": "Developing", "return": -0.147929, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": -0.071698, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-04", "end": "2025-03-21", "tenure": "Established", "return": -0.150862, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-25", "tenure": "Developing", "return": -0.096093, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-08-08", "tenure": "Established", "return": 0.048296, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-10-03", "tenure": "Developing", "return": -0.022305, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": -0.017744, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2026-01-16", "tenure": "Established", "return": 0.002558, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-03-13", "tenure": "Developing", "return": 0.142112, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": -0.03632, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-29", "tenure": "New", "return": -0.001282, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": -0.06129, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-14", "tenure": "Developing", "return": 0.010582, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 46.547203, "volume": 180352, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 43.419315, "volume": 250801, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 44.74469, "volume": 144717, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 47.660519, "volume": 203296, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 50.364285, "volume": 317010, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 52.060764, "volume": 225543, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 50.841419, "volume": 283869, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 51.000469, "volume": 64288, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 49.940163, "volume": 87816, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 49.463028, "volume": 37532, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 49.144939, "volume": 85528, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 49.516041, "volume": 35350, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 51.000469, "volume": 243805, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 50.894436, "volume": 261186, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 51.424583, "volume": 114811, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 52.643932, "volume": 508080, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 52.855988, "volume": 97991, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 53.280109, "volume": 236403, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 56.461014, "volume": 590787, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 54.87056, "volume": 99944, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 54.87056, "volume": 76839, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 60.702217, "volume": 502932, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 56.991165, "volume": 374428, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 61.232365, "volume": 196857, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 62.822811, "volume": 304803, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 63.087891, "volume": 323144, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 66.268791, "volume": 207535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 69.979843, "volume": 277654, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 69.714775, "volume": 302241, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 70.244926, "volume": 182032, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 78.197166, "volume": 788444, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 86.944656, "volume": 1140299, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 94.896919, "volume": 637744, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 101.788872, "volume": 743238, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 140.489853, "volume": 1285072, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 115.307701, "volume": 2291424, "typical_volume": 532990.55, "trend": 65.895922, "fair_value": 44.543646, "relative_strength": 75.88574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.904348, "energy": 84.018454, "activity_lines": [ 114.706868, 100.092389, 84.358787, 75.746629 ] }, { "date": "2024-04-19", "close": 116.898155, "volume": 1132350, "typical_volume": 584708.5, "trend": 68.097813, "fair_value": 45.436912, "relative_strength": 84.372192, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.206108, "energy": 68.191179, "activity_lines": [ 117.711053, 105.09508, 88.487144, 79.037095 ] }, { "date": "2024-04-26", "close": 117.428299, "volume": 452072, "typical_volume": 595491.95, "trend": 70.312074, "fair_value": 46.314856, "relative_strength": 75.505094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.663988, "energy": 67.315126, "activity_lines": [ 118.895053, 109.273628, 92.361028, 82.219707 ] }, { "date": "2024-05-03", "close": 122.199669, "volume": 315885, "typical_volume": 581746.85, "trend": 72.720724, "fair_value": 47.22913, "relative_strength": 76.531015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.751839, "energy": 65.32995, "activity_lines": [ 120.167417, 113.456998, 96.38386, 85.567294 ] }, { "date": "2024-05-10", "close": 114.777557, "volume": 377899, "typical_volume": 595644.6, "trend": 74.897875, "fair_value": 48.033278, "relative_strength": 59.549432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.258793, "energy": 57.533347, "activity_lines": [ 117.605025, 115.336623, 99.386784, 88.280638 ] }, { "date": "2024-05-17", "close": 120.874283, "volume": 383166, "typical_volume": 610960.95, "trend": 77.288854, "fair_value": 48.890231, "relative_strength": 60.536748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.476168, "energy": 54.99935, "activity_lines": [ 118.789027, 117.515059, 102.685077, 91.246858 ] }, { "date": "2024-05-24", "close": 128.561478, "volume": 791210, "typical_volume": 625374.85, "trend": 79.923701, "fair_value": 49.816641, "relative_strength": 64.960076, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.281457, "energy": 56.129656, "activity_lines": [ 122.164322, 120.315219, 106.40118, 94.554769 ] }, { "date": "2024-05-31", "close": 128.296387, "volume": 464887, "typical_volume": 629897.8, "trend": 82.500232, "fair_value": 50.718707, "relative_strength": 64.32987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.044844, "energy": 53.757531, "activity_lines": [ 124.673699, 122.310512, 109.768897, 97.675588 ] }, { "date": "2024-06-07", "close": 141.504227, "volume": 1677323, "typical_volume": 703921.1, "trend": 85.520558, "fair_value": 51.750361, "relative_strength": 71.825907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.105739, "energy": 62.215659, "activity_lines": [ 130.861149, 126.099967, 114.054954, 101.482297 ] }, { "date": "2024-06-14", "close": 134.238739, "volume": 536593, "typical_volume": 715510.6, "trend": 88.28103, "fair_value": 52.677197, "relative_strength": 55.370386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.566973, "energy": 56.564308, "activity_lines": [ 133.3398, 127.846326, 117.266814, 104.625405 ] }, { "date": "2024-06-21", "close": 134.238739, "volume": 166387, "typical_volume": 707672.75, "trend": 91.000857, "fair_value": 53.583436, "relative_strength": 47.771439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.803214, "energy": 54.817617, "activity_lines": [ 134.521039, 129.706342, 120.138598, 107.590419 ] }, { "date": "2024-06-28", "close": 133.892746, "volume": 151929, "typical_volume": 704892.45, "trend": 93.702082, "fair_value": 54.465956, "relative_strength": 46.588577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.620275, "energy": 51.862262, "activity_lines": [ 134.695983, 131.15925, 122.638616, 110.357637 ] }, { "date": "2024-07-05", "close": 126.973221, "volume": 294806, "typical_volume": 705750.05, "trend": 96.158519, "fair_value": 55.254078, "relative_strength": 34.869441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.234472, "energy": 46.232343, "activity_lines": [ 132.209001, 131.04507, 124.157614, 112.504163 ] }, { "date": "2024-07-12", "close": 112.09626, "volume": 667619, "typical_volume": 724018.95, "trend": 98.013028, "fair_value": 55.865285, "relative_strength": 16.366555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.326023, "energy": 28.783997, "activity_lines": [ 124.851243, 128.052444, 123.98836, 113.532404 ] }, { "date": "2024-07-19", "close": 116.939926, "volume": 743845, "typical_volume": 752109.6, "trend": 100.082007, "fair_value": 56.515015, "relative_strength": 25.741865, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.343943, "energy": 23.814828, "activity_lines": [ 121.068571, 126.124182, 124.078592, 114.753494 ] }, { "date": "2024-07-26", "close": 115.210045, "volume": 179521, "typical_volume": 721663.45, "trend": 102.093323, "fair_value": 57.132857, "relative_strength": 26.610445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.62243, "energy": 24.442883, "activity_lines": [ 117.862526, 123.842081, 123.781716, 115.729497 ] }, { "date": "2024-08-02", "close": 119.361748, "volume": 137840, "typical_volume": 671540.5, "trend": 104.04864, "fair_value": 57.781075, "relative_strength": 32.428336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.927209, "energy": 20.421308, "activity_lines": [ 117.308963, 122.417822, 123.703989, 116.843589 ] }, { "date": "2024-08-09", "close": 117.631882, "volume": 355400, "typical_volume": 657423.3, "trend": 106.069998, "fair_value": 58.398093, "relative_strength": 29.932184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.371013, "energy": 15.495595, "activity_lines": [ 117.14751, 120.846308, 123.307145, 117.719927 ] }, { "date": "2024-08-16", "close": 115.210045, "volume": 238242, "typical_volume": 632173.5, "trend": 107.869254, "fair_value": 58.977807, "relative_strength": 20.864102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.411868, "energy": 12.143152, "activity_lines": [ 116.801534, 119.028361, 122.571388, 118.309607 ] }, { "date": "2024-08-23", "close": 114.864067, "volume": 233224, "typical_volume": 579581.1, "trend": 109.603962, "fair_value": 59.542315, "relative_strength": 20.203207, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.308317, "energy": 10.720271, "activity_lines": [ 116.132647, 117.625585, 121.738771, 118.760885 ] }, { "date": "2024-08-30", "close": 105.176743, "volume": 502238, "typical_volume": 490121.8, "trend": 111.006924, "fair_value": 59.998659, "relative_strength": 8.620856, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -14.412318, "energy": 24.633682, "activity_lines": [ 112.373042, 114.813745, 120.105579, 118.475258 ] }, { "date": "2024-09-06", "close": 99.641121, "volume": 927628, "typical_volume": 479885.7, "trend": 112.119335, "fair_value": 60.391159, "relative_strength": 6.146627, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.465711, "energy": 50.837019, "activity_lines": [ 107.437117, 111.523827, 117.993428, 117.741981 ] }, { "date": "2024-09-13", "close": 91.68367, "volume": 667461, "typical_volume": 490655.15, "trend": 112.842796, "fair_value": 60.697948, "relative_strength": -4.264621, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.305117, "energy": 71.500499, "activity_lines": [ 101.163416, 107.409857, 115.2056, 116.423551 ] }, { "date": "2024-09-20", "close": 90.299767, "volume": 504820, "typical_volume": 500101.9, "trend": 113.528962, "fair_value": 60.985344, "relative_strength": -7.799259, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.181646, "energy": 75.998363, "activity_lines": [ 96.158295, 103.685896, 112.408566, 114.969162 ] }, { "date": "2024-09-27", "close": 85.11013, "volume": 2175513, "typical_volume": 589982.6, "trend": 114.024469, "fair_value": 61.217314, "relative_strength": -15.847618, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.044571, "energy": 87.259697, "activity_lines": [ 91.083981, 99.414665, 109.269185, 113.135689 ] }, { "date": "2024-10-04", "close": 80.266457, "volume": 734468, "typical_volume": 607547.7, "trend": 114.093445, "fair_value": 61.398734, "relative_strength": -18.988623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.282856, "energy": 91.022244, "activity_lines": [ 86.378704, 94.841489, 105.809775, 110.957753 ] }, { "date": "2024-10-11", "close": 72.309006, "volume": 1052825, "typical_volume": 620628.45, "trend": 113.60559, "fair_value": 61.501661, "relative_strength": -28.993093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.179263, "energy": 93.421314, "activity_lines": [ 80.68163, 89.456843, 101.785883, 108.261982 ] }, { "date": "2024-10-18", "close": 66.980972, "volume": 849393, "typical_volume": 639853.75, "trend": 112.675059, "fair_value": 61.55287, "relative_strength": -35.827065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.836458, "energy": 94.356747, "activity_lines": [ 75.030685, 83.958967, 97.522428, 105.253942 ] }, { "date": "2024-10-25", "close": 68.710861, "volume": 931294, "typical_volume": 602552.3, "trend": 111.572458, "fair_value": 61.619147, "relative_strength": -33.742145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.469067, "energy": 90.624444, "activity_lines": [ 71.603217, 79.696542, 93.715703, 102.417542 ] }, { "date": "2024-11-01", "close": 64.905113, "volume": 486121, "typical_volume": 600028.7, "trend": 109.052967, "fair_value": 61.649294, "relative_strength": -35.783626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.290651, "energy": 91.302516, "activity_lines": [ 68.346426, 75.587603, 89.893161, 99.406746 ] }, { "date": "2024-11-08", "close": 62.552486, "volume": 389690, "typical_volume": 611193.85, "trend": 107.29446, "fair_value": 61.657505, "relative_strength": -40.041847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.234422, "energy": 91.117482, "activity_lines": [ 65.652428, 71.959258, 86.176719, 96.406715 ] }, { "date": "2024-11-15", "close": 62.206501, "volume": 434602, "typical_volume": 625327.5, "trend": 105.471405, "fair_value": 61.66245, "relative_strength": -38.178988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.701116, "energy": 85.60798, "activity_lines": [ 64.024032, 69.042993, 82.768689, 93.497814 ] }, { "date": "2024-11-22", "close": 63.590412, "volume": 171185, "typical_volume": 619146.45, "trend": 103.676809, "fair_value": 61.679664, "relative_strength": -37.175977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.913668, "energy": 78.035472, "activity_lines": [ 63.530441, 67.058977, 79.833823, 90.795815 ] }, { "date": "2024-11-29", "close": 61.929726, "volume": 274762, "typical_volume": 599503.6, "trend": 101.667811, "fair_value": 61.681877, "relative_strength": -36.984411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.307737, "energy": 72.093897, "activity_lines": [ 62.709324, 65.283806, 77.04262, 88.102455 ] }, { "date": "2024-12-06", "close": 59.923061, "volume": 317033, "typical_volume": 578163.0, "trend": 99.839327, "fair_value": 61.666449, "relative_strength": -41.35024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.963232, "energy": 68.928887, "activity_lines": [ 61.671396, 63.659605, 74.299194, 85.409245 ] }, { "date": "2024-12-13", "close": 58.123985, "volume": 241738, "typical_volume": 581273.85, "trend": 97.747651, "fair_value": 61.635645, "relative_strength": -42.516023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.628434, "energy": 78.251819, "activity_lines": [ 60.365911, 62.166246, 71.655936, 82.717933 ] }, { "date": "2024-12-20", "close": 62.13731, "volume": 619541, "typical_volume": 605358.9, "trend": 95.533512, "fair_value": 61.63997, "relative_strength": -37.05534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.851133, "energy": 65.148695, "activity_lines": [ 60.693436, 61.805173, 69.666739, 80.420491 ] }, { "date": "2024-12-27", "close": 65.389488, "volume": 302503, "typical_volume": 602714.05, "trend": 93.436615, "fair_value": 61.672017, "relative_strength": -35.868679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.235307, "energy": 64.015791, "activity_lines": [ 62.109632, 62.220344, 68.259769, 78.475716 ] }, { "date": "2025-01-03", "close": 66.842583, "volume": 150590, "typical_volume": 598331.45, "trend": 90.947894, "fair_value": 61.715835, "relative_strength": -33.231865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.948677, "energy": 55.811453, "activity_lines": [ 63.890255, 62.928651, 67.239963, 76.759972 ] }, { "date": "2025-01-10", "close": 66.150635, "volume": 207392, "typical_volume": 597039.85, "trend": 88.67829, "fair_value": 61.753103, "relative_strength": -34.110333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.841387, "energy": 47.019406, "activity_lines": [ 65.112705, 63.545118, 66.384579, 75.160148 ] }, { "date": "2025-01-17", "close": 65.735458, "volume": 318356, "typical_volume": 587845.75, "trend": 86.394847, "fair_value": 61.786289, "relative_strength": -34.729859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.528809, "energy": 40.429863, "activity_lines": [ 65.781591, 64.063453, 65.721622, 73.679966 ] }, { "date": "2025-01-24", "close": 63.590412, "volume": 200789, "typical_volume": 551503.8, "trend": 84.051436, "fair_value": 61.801199, "relative_strength": -37.655279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.292678, "energy": 42.056395, "activity_lines": [ 65.22803, 64.133907, 65.042191, 72.208712 ] }, { "date": "2025-02-07", "close": 62.206501, "volume": 276193, "typical_volume": 531940.4, "trend": 81.892546, "fair_value": 61.804521, "relative_strength": -38.660074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.725507, "energy": 48.736198, "activity_lines": [ 64.116292, 63.927578, 64.402629, 70.799361 ] }, { "date": "2025-02-14", "close": 61.79134, "volume": 159598, "typical_volume": 514679.3, "trend": 80.215715, "fair_value": 61.804414, "relative_strength": -37.937988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.026566, "energy": 54.577914, "activity_lines": [ 63.078366, 63.670928, 63.863896, 69.502509 ] }, { "date": "2025-02-21", "close": 62.898457, "volume": 161173, "typical_volume": 413962.3, "trend": 78.414333, "fair_value": 61.813237, "relative_strength": -38.056229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.069635, "energy": 48.769928, "activity_lines": [ 62.746229, 63.618088, 63.566356, 68.385267 ] }, { "date": "2025-02-28", "close": 61.860527, "volume": 91149, "typical_volume": 381796.35, "trend": 76.636015, "fair_value": 61.813615, "relative_strength": -37.003944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.420758, "energy": 48.287879, "activity_lines": [ 62.284926, 63.322435, 63.275736, 67.317279 ] }, { "date": "2025-03-07", "close": 63.728802, "volume": 168946, "typical_volume": 337602.4, "trend": 74.781584, "fair_value": 61.828815, "relative_strength": -33.463469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.577636, "energy": 40.497497, "activity_lines": [ 62.704711, 63.298532, 63.250694, 66.484556 ] }, { "date": "2025-03-14", "close": 66.427406, "volume": 366191, "typical_volume": 313442.3, "trend": 73.074768, "fair_value": 61.865024, "relative_strength": -28.425202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.610487, "energy": 20.926303, "activity_lines": [ 64.014805, 63.736348, 63.52352, 65.945577 ] }, { "date": "2025-03-21", "close": 68.157295, "volume": 355358, "typical_volume": 284645.5, "trend": 71.506343, "fair_value": 61.914183, "relative_strength": -26.909698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.531839, "energy": 7.354606, "activity_lines": [ 65.620134, 64.469817, 63.963734, 65.62832 ] }, { "date": "2025-03-28", "close": 65.527878, "volume": 302650, "typical_volume": 275471.95, "trend": 69.861803, "fair_value": 61.942196, "relative_strength": -27.204743, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.0311, "energy": 16.835262, "activity_lines": [ 65.924595, 64.701307, 64.156163, 65.242613 ] }, { "date": "2025-04-04", "close": 65.458679, "volume": 78299, "typical_volume": 259902.4, "trend": 68.537868, "fair_value": 61.969246, "relative_strength": -25.574278, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.10145, "energy": 17.530801, "activity_lines": [ 66.030694, 64.931538, 64.339036, 64.95854 ] }, { "date": "2025-04-11", "close": 61.445351, "volume": 252441, "typical_volume": 250794.35, "trend": 67.264676, "fair_value": 61.965247, "relative_strength": -22.448863, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.944383, "energy": 12.651403, "activity_lines": [ 64.55914, 64.437106, 64.125848, 64.500959 ] }, { "date": "2025-04-18", "close": 58.954327, "volume": 251076, "typical_volume": 254788.9, "trend": 66.173698, "fair_value": 61.942437, "relative_strength": -24.173691, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.036268, "energy": 37.237693, "activity_lines": [ 62.409475, 63.528761, 63.679044, 63.964807 ] }, { "date": "2025-04-25", "close": 59.231113, "volume": 111766, "typical_volume": 246639.1, "trend": 65.138076, "fair_value": 61.922051, "relative_strength": -24.561124, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.268047, "energy": 50.327825, "activity_lines": [ 60.850277, 62.729871, 63.280678, 63.516898 ] }, { "date": "2025-05-02", "close": 59.577087, "volume": 252868, "typical_volume": 243430.85, "trend": 64.286974, "fair_value": 61.904551, "relative_strength": -26.395972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.788549, "energy": 60.05079, "activity_lines": [ 60.001483, 62.040436, 62.928112, 63.158125 ] }, { "date": "2025-05-09", "close": 58.746746, "volume": 301911, "typical_volume": 246439.5, "trend": 63.569651, "fair_value": 61.88116, "relative_strength": -26.704844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.872813, "energy": 69.152547, "activity_lines": [ 59.272628, 61.260417, 62.498113, 62.800691 ] }, { "date": "2025-05-16", "close": 57.570423, "volume": 287809, "typical_volume": 229852.9, "trend": 63.078364, "fair_value": 61.849463, "relative_strength": -30.20804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.189632, "energy": 67.85049, "activity_lines": [ 58.599128, 60.323136, 61.953118, 62.413644 ] }, { "date": "2025-05-23", "close": 54.525837, "volume": 311932, "typical_volume": 230324.35, "trend": 62.663193, "fair_value": 61.796006, "relative_strength": -32.221128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.426033, "energy": 72.968462, "activity_lines": [ 57.169093, 58.944265, 61.13991, 61.861868 ] }, { "date": "2025-05-30", "close": 55.90974, "volume": 107897, "typical_volume": 228189.7, "trend": 62.236489, "fair_value": 61.753352, "relative_strength": -28.267078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.555499, "energy": 69.026058, "activity_lines": [ 56.495593, 58.033404, 60.510233, 61.426161 ] }, { "date": "2025-06-06", "close": 54.110664, "volume": 166481, "typical_volume": 226144.15, "trend": 61.876674, "fair_value": 61.698369, "relative_strength": -30.271845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.062417, "energy": 73.562734, "activity_lines": [ 55.443826, 57.018121, 59.761277, 60.901914 ] }, { "date": "2025-06-13", "close": 53.280319, "volume": 78474, "typical_volume": 214150.05, "trend": 61.567602, "fair_value": 61.63824, "relative_strength": -31.12329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.688848, "energy": 78.566121, "activity_lines": [ 54.479705, 56.059453, 58.990574, 60.347311 ] }, { "date": "2025-06-20", "close": 50.028149, "volume": 262743, "typical_volume": 217247.75, "trend": 61.161657, "fair_value": 61.555899, "relative_strength": -33.907321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.449793, "energy": 83.662675, "activity_lines": [ 52.795955, 54.730905, 57.969451, 59.60283 ] }, { "date": "2025-06-27", "close": 49.474583, "volume": 147829, "typical_volume": 210829.55, "trend": 60.691129, "fair_value": 61.470819, "relative_strength": -34.878948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.097493, "energy": 88.606419, "activity_lines": [ 51.430502, 53.509295, 56.960189, 58.848825 ] }, { "date": "2025-07-04", "close": 50.09734, "volume": 136632, "typical_volume": 209681.25, "trend": 60.296717, "fair_value": 61.391284, "relative_strength": -32.580027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.990416, "energy": 86.167893, "activity_lines": [ 50.609385, 52.573272, 56.070865, 58.165355 ] }, { "date": "2025-07-11", "close": 50.235733, "volume": 142744, "typical_volume": 208759.8, "trend": 59.973806, "fair_value": 61.313815, "relative_strength": -31.730921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.893898, "energy": 87.188806, "activity_lines": [ 50.221893, 51.82848, 55.250408, 57.516259 ] }, { "date": "2025-07-18", "close": 52.903809, "volume": 243480, "typical_volume": 216376.35, "trend": 59.7998, "fair_value": 61.255815, "relative_strength": -29.02546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.446978, "energy": 81.750005, "activity_lines": [ 50.982087, 51.738635, 54.744352, 57.06013 ] }, { "date": "2025-07-25", "close": 54.782909, "volume": 203057, "typical_volume": 218081.9, "trend": 59.554653, "fair_value": 61.21148, "relative_strength": -25.196087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.928999, "energy": 48.595803, "activity_lines": [ 52.39375, 52.096681, 54.459908, 56.73646 ] }, { "date": "2025-08-01", "close": 61.022326, "volume": 472959, "typical_volume": 223420.3, "trend": 59.409081, "fair_value": 61.210193, "relative_strength": -15.57621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.462437, "energy": 20.502155, "activity_lines": [ 55.568233, 53.639848, 54.812295, 56.831149 ] }, { "date": "2025-08-08", "close": 62.454399, "volume": 141708, "typical_volume": 212737.8, "trend": 59.262808, "fair_value": 61.2186, "relative_strength": -14.144882, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.74385, "energy": 33.392685, "activity_lines": [ 58.450225, 55.325273, 55.326807, 57.027621 ] }, { "date": "2025-08-15", "close": 64.20472, "volume": 291647, "typical_volume": 212187.65, "trend": 59.197944, "fair_value": 61.238641, "relative_strength": -11.274225, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.15145, "energy": 53.879393, "activity_lines": [ 61.091853, 57.209946, 56.035174, 57.346454 ] }, { "date": "2025-08-22", "close": 62.931759, "volume": 202200, "typical_volume": 218382.7, "trend": 59.104488, "fair_value": 61.249929, "relative_strength": -9.479918, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.431891, "energy": 51.660266, "activity_lines": [ 62.377896, 58.679642, 56.628607, 57.587345 ] }, { "date": "2025-08-29", "close": 62.533962, "volume": 122426, "typical_volume": 211881.95, "trend": 59.069273, "fair_value": 61.258432, "relative_strength": -10.255744, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.436199, "energy": 68.064426, "activity_lines": [ 62.862809, 59.901531, 57.196188, 57.808601 ] }, { "date": "2025-09-05", "close": 65.557228, "volume": 328237, "typical_volume": 215740.0, "trend": 59.180964, "fair_value": 61.286714, "relative_strength": -5.629466, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.180039, "energy": 70.207326, "activity_lines": [ 63.83874, 61.445726, 58.046514, 58.227179 ] }, { "date": "2025-09-12", "close": 66.671074, "volume": 424912, "typical_volume": 231397.3, "trend": 59.343621, "fair_value": 61.321906, "relative_strength": -6.429532, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.603404, "energy": 53.028417, "activity_lines": [ 64.883627, 62.900027, 58.971479, 58.710412 ] }, { "date": "2025-09-19", "close": 65.636795, "volume": 183436, "typical_volume": 227925.7, "trend": 59.434899, "fair_value": 61.349924, "relative_strength": -7.203618, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.971251, "energy": 46.993394, "activity_lines": [ 65.302643, 63.864937, 59.762513, 59.116423 ] }, { "date": "2025-09-26", "close": 65.079872, "volume": 182993, "typical_volume": 221979.8, "trend": 59.542211, "fair_value": 61.373989, "relative_strength": -7.008003, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.855148, "energy": 43.561442, "activity_lines": [ 65.440545, 64.448569, 60.471651, 59.480615 ] }, { "date": "2025-10-03", "close": 62.77264, "volume": 115838, "typical_volume": 213381.25, "trend": 59.510339, "fair_value": 61.382954, "relative_strength": -13.420308, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 58.501696, "energy": 44.353443, "activity_lines": [ 64.666163, 64.39132, 60.930894, 59.68903 ] }, { "date": "2025-10-10", "close": 62.77264, "volume": 67220, "typical_volume": 201145.65, "trend": 59.388513, "fair_value": 61.662077, "relative_strength": -14.34524, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.169811, "energy": 31.574561, "activity_lines": [ 63.875869, 64.188805, 61.365366, 59.899501 ] }, { "date": "2025-10-17", "close": 61.658806, "volume": 181675, "typical_volume": 204834.55, "trend": 59.171897, "fair_value": 61.843, "relative_strength": -15.321086, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.987724, "energy": 22.057428, "activity_lines": [ 62.899937, 63.751949, 61.654487, 60.045971 ] }, { "date": "2025-10-24", "close": 62.215721, "volume": 463417, "typical_volume": 219681.35, "trend": 59.061492, "fair_value": 62.039791, "relative_strength": -14.906414, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.766577, "energy": 21.20112, "activity_lines": [ 62.443793, 63.430817, 61.969271, 60.242347 ] }, { "date": "2025-10-31", "close": 59.908489, "volume": 228774, "typical_volume": 227196.35, "trend": 58.876485, "fair_value": 62.277129, "relative_strength": -19.618879, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.578997, "energy": 19.565838, "activity_lines": [ 61.446644, 62.726351, 62.025723, 60.296992 ] }, { "date": "2025-11-07", "close": 58.396854, "volume": 114157, "typical_volume": 219767.05, "trend": 58.774869, "fair_value": 62.511513, "relative_strength": -19.566076, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.290707, "energy": 13.062565, "activity_lines": [ 60.290376, 61.802012, 61.906648, 60.266048 ] }, { "date": "2025-11-14", "close": 58.396854, "volume": 186778, "typical_volume": 221714.5, "trend": 58.756286, "fair_value": 62.745456, "relative_strength": -18.507733, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.317586, "energy": 16.724517, "activity_lines": [ 59.425827, 60.952892, 61.747721, 60.24166 ] }, { "date": "2025-11-21", "close": 59.510689, "volume": 209490, "typical_volume": 225357.4, "trend": 58.765606, "fair_value": 62.979953, "relative_strength": -13.622067, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.993603, "energy": 18.769939, "activity_lines": [ 59.224275, 60.436476, 61.652387, 60.290331 ] }, { "date": "2025-11-28", "close": 59.35157, "volume": 180841, "typical_volume": 227262.25, "trend": 58.758088, "fair_value": 63.214453, "relative_strength": -17.184828, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.944934, "energy": 18.860183, "activity_lines": [ 59.112891, 60.021319, 61.497073, 60.328135 ] }, { "date": "2025-12-05", "close": 62.056602, "volume": 169685, "typical_volume": 223572.5, "trend": 58.868417, "fair_value": 63.465562, "relative_strength": -14.148237, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.457219, "energy": 11.870246, "activity_lines": [ 60.094128, 60.212262, 61.555973, 60.540943 ] }, { "date": "2025-12-12", "close": 62.454399, "volume": 219342, "typical_volume": 224386.75, "trend": 59.031216, "fair_value": 63.718342, "relative_strength": -14.027191, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.897676, "energy": 18.242801, "activity_lines": [ 61.064756, 60.530501, 61.609173, 60.772296 ] }, { "date": "2025-12-19", "close": 62.454399, "volume": 101127, "typical_volume": 205795.15, "trend": 59.295501, "fair_value": 63.96556, "relative_strength": -12.293233, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.864209, "energy": 25.958923, "activity_lines": [ 61.764882, 60.854526, 61.625843, 60.993147 ] }, { "date": "2025-12-26", "close": 62.693081, "volume": 124811, "typical_volume": 204950.3, "trend": 59.521613, "fair_value": 64.224262, "relative_strength": -14.246143, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.659116, "energy": 32.62471, "activity_lines": [ 62.274065, 61.227734, 61.658425, 61.212346 ] }, { "date": "2026-01-02", "close": 62.693081, "volume": 101345, "typical_volume": 195435.2, "trend": 59.807693, "fair_value": 64.479744, "relative_strength": -16.141324, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.58379, "energy": 34.089826, "activity_lines": [ 62.571088, 61.582136, 61.68987, 61.416956 ] }, { "date": "2026-01-09", "close": 61.499683, "volume": 317317, "typical_volume": 201191.05, "trend": 60.081672, "fair_value": 64.731089, "relative_strength": -19.750638, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.094182, "energy": 28.022764, "activity_lines": [ 62.247545, 61.710878, 61.614856, 61.526117 ] }, { "date": "2026-01-16", "close": 62.374844, "volume": 384602, "typical_volume": 214299.85, "trend": 60.493229, "fair_value": 64.990825, "relative_strength": -20.976519, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.339734, "energy": 21.928741, "activity_lines": [ 62.25285, 61.96981, 61.63001, 61.674064 ] }, { "date": "2026-01-23", "close": 61.022324, "volume": 176777, "typical_volume": 206726.85, "trend": 60.878153, "fair_value": 65.243795, "relative_strength": -23.482343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.50653, "energy": 9.653799, "activity_lines": [ 61.812619, 61.910501, 61.517111, 61.708199 ] }, { "date": "2026-01-30", "close": 60.385849, "volume": 158913, "typical_volume": 193426.9, "trend": 61.221104, "fair_value": 65.490196, "relative_strength": -24.041982, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.844765, "energy": 8.147082, "activity_lines": [ 61.255701, 61.687734, 61.36519, 61.676437 ] }, { "date": "2026-02-06", "close": 62.613525, "volume": 279585, "typical_volume": 198234.35, "trend": 61.633697, "fair_value": 65.745168, "relative_strength": -20.122944, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.903386, "energy": 4.924778, "activity_lines": [ 61.595158, 61.854088, 61.455358, 61.766271 ] }, { "date": "2026-02-13", "close": 63.647797, "volume": 326484, "typical_volume": 205408.9, "trend": 61.99183, "fair_value": 66.007794, "relative_strength": -22.740828, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.127037, "energy": 8.880594, "activity_lines": [ 62.284675, 62.149182, 61.658425, 61.896213 ] }, { "date": "2026-02-27", "close": 62.613525, "volume": 309180, "typical_volume": 215076.0, "trend": 62.25285, "fair_value": 66.263205, "relative_strength": -27.375336, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.168615, "energy": 14.342011, "activity_lines": [ 62.486227, 62.227296, 61.769809, 61.936322 ] }, { "date": "2026-03-06", "close": 69.376099, "volume": 996783, "typical_volume": 261554.15, "trend": 62.531309, "fair_value": 66.560355, "relative_strength": -14.768352, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 52.087439, "energy": 57.927843, "activity_lines": [ 64.926059, 63.532075, 62.526005, 62.395887 ] }, { "date": "2026-03-13", "close": 69.694336, "volume": 1818546, "typical_volume": 343397.7, "trend": 62.772641, "fair_value": 66.860131, "relative_strength": -13.360344, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 78.108633, "energy": 75.749792, "activity_lines": [ 66.915051, 64.768867, 63.281065, 62.858017 ] }, { "date": "2026-03-20", "close": 65.716354, "volume": 483877, "typical_volume": 344420.7, "trend": 62.823028, "fair_value": 67.123281, "relative_strength": -17.957672, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.450705, "energy": 67.234925, "activity_lines": [ 66.957484, 65.155094, 63.619005, 63.047934 ] }, { "date": "2026-03-27", "close": 65.159431, "volume": 212272, "typical_volume": 343595.6, "trend": 62.897284, "fair_value": 67.391644, "relative_strength": -16.85615, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.320947, "energy": 63.766622, "activity_lines": [ 66.60742, 65.385094, 63.887235, 63.19867 ] }, { "date": "2026-04-03", "close": 64.841194, "volume": 121123, "typical_volume": 343943.9, "trend": 62.974192, "fair_value": 67.660603, "relative_strength": -15.171518, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.638261, "energy": 35.779954, "activity_lines": [ 66.050502, 65.490691, 64.100152, 63.324084 ] }, { "date": "2026-04-10", "close": 64.841194, "volume": 118263, "typical_volume": 340518.15, "trend": 62.950324, "fair_value": 67.930148, "relative_strength": -21.183844, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.358901, "energy": 19.590693, "activity_lines": [ 65.345072, 65.551446, 64.282382, 63.444535 ] }, { "date": "2026-04-17", "close": 65.795906, "volume": 222068, "typical_volume": 341147.05, "trend": 62.921152, "fair_value": 68.204055, "relative_strength": -22.160701, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.783025, "energy": 18.4362, "activity_lines": [ 65.260207, 65.71635, 64.524849, 63.628121 ] }, { "date": "2026-04-24", "close": 63.72736, "volume": 174695, "typical_volume": 340839.75, "trend": 62.857504, "fair_value": 68.452698, "relative_strength": -27.881739, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.191991, "energy": 16.819005, "activity_lines": [ 64.745722, 65.406791, 64.540382, 63.680135 ] }, { "date": "2026-05-01", "close": 63.329563, "volume": 94901, "typical_volume": 337100.55, "trend": 62.79916, "fair_value": 68.704354, "relative_strength": -27.489669, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.4861, "energy": 15.197927, "activity_lines": [ 64.231237, 65.004653, 64.497193, 63.71059 ] }, { "date": "2026-05-08", "close": 62.056602, "volume": 203059, "typical_volume": 336286.4, "trend": 62.775292, "fair_value": 68.926769, "relative_strength": -32.727115, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.656488, "energy": 12.885098, "activity_lines": [ 63.414423, 64.376855, 64.326708, 63.662683 ] }, { "date": "2026-05-15", "close": 61.817924, "volume": 141122, "typical_volume": 338286.15, "trend": 62.743468, "fair_value": 69.135064, "relative_strength": -31.506724, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.763001, "energy": 20.75222, "activity_lines": [ 62.70369, 63.715785, 64.135386, 63.600917 ] }, { "date": "2026-05-22", "close": 61.897488, "volume": 95812, "typical_volume": 336836.2, "trend": 62.751425, "fair_value": 69.337134, "relative_strength": -32.502753, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.506883, "energy": 25.450379, "activity_lines": [ 62.221029, 63.206604, 63.954672, 63.546338 ] }, { "date": "2026-05-29", "close": 61.977043, "volume": 110624, "typical_volume": 337300.15, "trend": 62.743469, "fair_value": 69.511607, "relative_strength": -35.492467, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.890137, "energy": 30.97807, "activity_lines": [ 62.02478, 62.853648, 63.785323, 63.496378 ] }, { "date": "2026-06-05", "close": 62.693081, "volume": 151888, "typical_volume": 329028.7, "trend": 62.836288, "fair_value": 69.67925, "relative_strength": -34.516501, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.046954, "energy": 31.183263, "activity_lines": [ 62.183899, 62.698868, 63.687578, 63.493127 ] }, { "date": "2026-06-12", "close": 62.693081, "volume": 447417, "typical_volume": 332169.45, "trend": 62.979496, "fair_value": 69.840159, "relative_strength": -32.520371, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.521228, "energy": 14.903398, "activity_lines": [ 62.385451, 62.588931, 63.584151, 63.483888 ] }, { "date": "2026-06-19", "close": 62.852203, "volume": 259555, "typical_volume": 336308.35, "trend": 63.128008, "fair_value": 69.995061, "relative_strength": -35.062183, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.265538, "energy": 6.52799, "activity_lines": [ 62.59761, 62.546981, 63.494362, 63.475676 ] }, { "date": "2026-06-26", "close": 62.454399, "volume": 476134, "typical_volume": 352169.4, "trend": 63.226131, "fair_value": 70.146827, "relative_strength": -32.188591, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.036421, "energy": 7.53215, "activity_lines": [ 62.608217, 62.468868, 63.357973, 63.432217 ] }, { "date": "2026-07-03", "close": 62.0, "volume": 1489625, "typical_volume": 412671.4, "trend": 63.314412, "fair_value": 70.29451, "relative_strength": -35.339569, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.489895, "energy": 9.856501, "activity_lines": [ 62.43023, 62.36889, 63.168459, 63.353112 ] }, { "date": "2026-07-10", "close": 59.0, "volume": 330031, "typical_volume": 412848.75, "trend": 63.212525, "fair_value": 70.375529, "relative_strength": -35.98046, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.328147, "energy": 45.463654, "activity_lines": [ 61.250712, 61.754865, 62.696151, 63.074763 ] }, { "date": "2026-07-17", "close": 56.700001, "volume": 225344, "typical_volume": 408656.95, "trend": 63.020712, "fair_value": 70.334581, "relative_strength": -34.058519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.122599, "energy": 70.910275, "activity_lines": [ 59.550734, 60.801378, 62.026928, 62.6546 ] }, { "date": "2026-07-24", "close": 56.599998, "volume": 80268, "typical_volume": 362831.2, "trend": 62.825566, "fair_value": 70.357561, "relative_strength": -35.059248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.951996, "energy": 78.830009, "activity_lines": [ 58.21696, 59.927101, 61.376341, 62.24036 ] }, { "date": "2026-07-31", "close": 55.400002, "volume": 112600, "typical_volume": 277533.9, "trend": 62.582463, "fair_value": 70.375228, "relative_strength": -34.983502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.407744, "energy": 83.277688, "activity_lines": [ 56.9, 58.929514, 60.672307, 61.761291 ] }, { "date": "2026-08-07", "close": 56.599998, "volume": 95070, "typical_volume": 258093.55, "trend": 62.37936, "fair_value": 70.433212, "relative_strength": -34.391135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.847351, "energy": 75.928052, "activity_lines": [ 56.453333, 58.268244, 60.150627, 61.375326 ] }, { "date": "2026-08-14", "close": 57.299999, "volume": 94020, "typical_volume": 252180.95, "trend": 62.239371, "fair_value": 70.494664, "relative_strength": -35.013527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.671087, "energy": 61.385987, "activity_lines": [ 56.599999, 57.832012, 59.739025, 61.047625 ] } ], "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." } } }