{ "ticker": { "uuid": "d2d8911d-75f5-4cfb-b899-918d3a37e59c", "symbol": "3628", "name": "Ablerex Electronics 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 52.464, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 37.024, "architecture_energy": 17.173, "architecture_maturity": 52.157, "architecture_confidence": 76.665, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 44.79, "rotation_up": 31.75, "upward_expansion": 54.65, "deceleration": 84.18, "rotation_down": 32.54, "downward_expansion": 22.98 }, "activity_lines": [ 67.166667, 67.863058, 67.313157, 66.579884 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 71.199997, "trend_reference": 65.786606, "distance_from_trend": 0.082287, "trend_direction": "Weakening", "fair_value": 48.15341, "distance_from_fair_value": 0.478608, "fair_value_direction": "Improving", "relative_strength": -22.995702, "relative_strength_direction": "Improving", "price_momentum": 0.173356, "excess_performance": -0.268017, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.082287, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.018116, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.478608, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.17635, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.229957, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066762, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.173356, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.084671, "read": "Demand-led" } ], "volume": { "latest": 422087, "relative_activity": 0.347902, "balance": 2.084671, "dry_up": 0.4036, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.100369, "annualized_volatility": 0.421134, "from_high_reference": -0.31644, "from_low_reference": 0.63754 }, "levels": { "trend_reference": 65.786606, "fair_value_reference": 48.15341, "structural_low": 58.96059, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.005741, "positive_rate": 0.4375, "directional_follow_through": 0.4375, "median_excess_return": -0.016494, "regime_survival": 0.625, "best_return": 0.227273, "worst_return": -0.168618, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.053864, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.042133, "regime_survival": 0.142857, "best_return": 0.25, "worst_return": -0.119816, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.121461, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.040681, "regime_survival": 0.0, "best_return": 0.358597, "worst_return": 0.028814, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.147813, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.128725, "regime_survival": 0.0, "best_return": 0.789557, "worst_return": 0.027011, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-06-28", "tenure": "Developing", "return": 0.08026, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-05", "end": "2024-08-16", "tenure": "Developing", "return": -0.1359, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-09-13", "tenure": "New", "return": -0.037585, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-20", "end": "2024-11-15", "tenure": "Developing", "return": 0.055944, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-22", "end": "2025-01-03", "tenure": "Developing", "return": -0.080412, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-04-04", "tenure": "Developing", "return": -0.012673, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-13", "tenure": "Developing", "return": 0.150198, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.011867, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": 0.050469, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-12-05", "tenure": "Established", "return": 0.651561, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-02-13", "tenure": "Developing", "return": -0.147297, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": -0.057828, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": 0.031818, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-08-14", "tenure": "Established", "return": 0.044994, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 38.631927, "volume": 425000, "typical_volume": 1551850.0, "trend": 40.426985, "fair_value": 33.619439, "relative_strength": -4.450921, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.19847, "energy": 43.037794, "activity_lines": [ 39.671537, 41.367424, 42.674723, 42.000889 ] }, { "date": "2023-08-18", "close": 37.384396, "volume": 411000, "typical_volume": 1484750.0, "trend": 40.555897, "fair_value": 33.691071, "relative_strength": -6.421702, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.254718, "energy": 58.424261, "activity_lines": [ 38.740047, 40.323278, 42.165611, 41.804592 ] }, { "date": "2023-08-25", "close": 37.342808, "volume": 309000, "typical_volume": 1480300.0, "trend": 40.670947, "fair_value": 33.758529, "relative_strength": -7.152865, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.551807, "energy": 61.184771, "activity_lines": [ 38.063607, 39.49915, 41.66838, 41.597296 ] }, { "date": "2023-09-01", "close": 37.125195, "volume": 412000, "typical_volume": 1338550.0, "trend": 40.766268, "fair_value": 33.822394, "relative_strength": -8.583132, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.431956, "energy": 65.744649, "activity_lines": [ 37.575224, 38.797258, 41.167058, 41.368538 ] }, { "date": "2023-09-08", "close": 37.081669, "volume": 170000, "typical_volume": 1209400.0, "trend": 40.858753, "fair_value": 33.89, "relative_strength": -8.034039, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.330457, "energy": 64.937416, "activity_lines": [ 37.289218, 38.254722, 40.682429, 41.130822 ] }, { "date": "2023-09-15", "close": 36.951103, "volume": 152000, "typical_volume": 1170150.0, "trend": 40.92332, "fair_value": 33.955513, "relative_strength": -10.047009, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.917509, "energy": 74.667732, "activity_lines": [ 37.101853, 37.836849, 40.204628, 40.878716 ] }, { "date": "2023-09-22", "close": 36.472347, "volume": 186000, "typical_volume": 1143550.0, "trend": 40.915097, "fair_value": 33.971978, "relative_strength": -7.929911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.048911, "energy": 71.858527, "activity_lines": [ 36.866957, 37.43583, 39.702899, 40.591556 ] }, { "date": "2023-09-29", "close": 35.993591, "volume": 74000, "typical_volume": 1102950.0, "trend": 40.897846, "fair_value": 33.997936, "relative_strength": -9.039508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.289933, "energy": 73.131314, "activity_lines": [ 36.533279, 37.037687, 39.183878, 40.27404 ] }, { "date": "2023-10-06", "close": 36.689964, "volume": 142000, "typical_volume": 1022900.0, "trend": 40.898263, "fair_value": 34.03464, "relative_strength": -8.13222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.380476, "energy": 68.714508, "activity_lines": [ 36.521673, 36.861761, 38.751069, 40.002563 ] }, { "date": "2023-10-13", "close": 35.514839, "volume": 237000, "typical_volume": 822550.0, "trend": 40.880301, "fair_value": 34.079891, "relative_strength": -12.338612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.233298, "energy": 71.346194, "activity_lines": [ 36.147375, 36.539238, 38.239154, 39.655246 ] }, { "date": "2023-10-20", "close": 35.123131, "volume": 201000, "typical_volume": 678300.0, "trend": 40.676014, "fair_value": 34.121626, "relative_strength": -11.423361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.224291, "energy": 78.182075, "activity_lines": [ 35.746962, 36.212756, 37.731906, 39.283815 ] }, { "date": "2023-10-27", "close": 34.992561, "volume": 160000, "typical_volume": 479600.0, "trend": 40.485395, "fair_value": 34.163278, "relative_strength": -10.021537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.954858, "energy": 76.300168, "activity_lines": [ 35.424891, 35.92633, 37.269526, 38.917141 ] }, { "date": "2023-11-03", "close": 34.644379, "volume": 169000, "typical_volume": 385600.0, "trend": 40.279011, "fair_value": 34.188879, "relative_strength": -12.815505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.177705, "energy": 80.506344, "activity_lines": [ 35.085412, 35.620086, 36.84498, 38.540301 ] }, { "date": "2023-11-10", "close": 35.123131, "volume": 143000, "typical_volume": 368950.0, "trend": 40.066407, "fair_value": 34.225589, "relative_strength": -12.358133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.800851, "energy": 76.251032, "activity_lines": [ 34.995464, 35.44995, 36.521255, 38.207664 ] }, { "date": "2023-11-17", "close": 37.212238, "volume": 301000, "typical_volume": 336100.0, "trend": 39.935915, "fair_value": 34.262876, "relative_strength": -9.887215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.021797, "energy": 48.089066, "activity_lines": [ 35.70634, 35.696053, 36.449835, 38.023524 ] }, { "date": "2023-11-24", "close": 37.081669, "volume": 251000, "typical_volume": 306850.0, "trend": 39.788596, "fair_value": 34.289529, "relative_strength": -10.601137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.298925, "energy": 33.683003, "activity_lines": [ 36.260534, 35.916042, 36.404226, 37.839379 ] }, { "date": "2023-12-01", "close": 38.256794, "volume": 322000, "typical_volume": 271100.0, "trend": 39.649952, "fair_value": 34.332256, "relative_strength": -8.635691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.246739, "energy": 25.184647, "activity_lines": [ 37.075867, 36.347317, 36.497124, 37.740553 ] }, { "date": "2023-12-08", "close": 37.995655, "volume": 236000, "typical_volume": 248300.0, "trend": 39.577456, "fair_value": 34.373058, "relative_strength": -8.930733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.249636, "energy": 24.554399, "activity_lines": [ 37.586538, 36.698667, 36.580205, 37.633824 ] }, { "date": "2023-12-15", "close": 37.995655, "volume": 197000, "typical_volume": 238950.0, "trend": 39.391295, "fair_value": 34.407077, "relative_strength": -10.266299, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.099965, "energy": 25.457453, "activity_lines": [ 37.87379, 37.013616, 36.678791, 37.531773 ] }, { "date": "2023-12-22", "close": 37.690994, "volume": 153000, "typical_volume": 232550.0, "trend": 39.170029, "fair_value": 34.447685, "relative_strength": -10.282485, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.257598, "energy": 24.275667, "activity_lines": [ 37.867987, 37.249432, 36.759709, 37.422076 ] }, { "date": "2023-12-29", "close": 37.778038, "volume": 106000, "typical_volume": 216600.0, "trend": 38.857405, "fair_value": 34.492871, "relative_strength": -11.45003, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.321866, "energy": 19.717735, "activity_lines": [ 37.859282, 37.461508, 36.85617, 37.33227 ] }, { "date": "2024-01-05", "close": 37.952133, "volume": 139000, "typical_volume": 203000.0, "trend": 38.4591, "fair_value": 34.543193, "relative_strength": -8.700896, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.979209, "energy": 18.302626, "activity_lines": [ 37.862184, 37.656966, 36.973277, 37.273865 ] }, { "date": "2024-01-12", "close": 37.690994, "volume": 255000, "typical_volume": 200300.0, "trend": 38.174071, "fair_value": 34.587319, "relative_strength": -9.006016, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.460139, "energy": 12.163209, "activity_lines": [ 37.798351, 37.751134, 37.06281, 37.22431 ] }, { "date": "2024-01-19", "close": 37.603947, "volume": 197010, "typical_volume": 189550.5, "trend": 37.883367, "fair_value": 34.630384, "relative_strength": -9.984033, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.245614, "energy": 13.67252, "activity_lines": [ 37.725812, 37.774083, 37.142395, 37.187528 ] }, { "date": "2024-01-26", "close": 37.821564, "volume": 124000, "typical_volume": 187250.5, "trend": 37.635958, "fair_value": 34.679869, "relative_strength": -10.918777, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.788062, "energy": 12.366715, "activity_lines": [ 37.751926, 37.791492, 37.240426, 37.183541 ] }, { "date": "2024-02-02", "close": 37.690994, "volume": 122000, "typical_volume": 185750.5, "trend": 37.470137, "fair_value": 34.729019, "relative_strength": -11.466571, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.68643, "energy": 10.002822, "activity_lines": [ 37.725813, 37.774083, 37.322498, 37.187091 ] }, { "date": "2024-02-09", "close": 37.560425, "volume": 44000, "typical_volume": 178650.5, "trend": 37.341549, "fair_value": 34.784368, "relative_strength": -11.859267, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.224181, "energy": 8.336128, "activity_lines": [ 37.661979, 37.721856, 37.388612, 37.192916 ] }, { "date": "2024-02-16", "close": 36.951103, "volume": 230000, "typical_volume": 186450.5, "trend": 37.198194, "fair_value": 34.842343, "relative_strength": -15.480691, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.291474, "energy": 6.250563, "activity_lines": [ 37.421151, 37.571504, 37.391514, 37.167726 ] }, { "date": "2024-02-23", "close": 36.689964, "volume": 420000, "typical_volume": 200350.5, "trend": 37.075244, "fair_value": 34.899147, "relative_strength": -17.041357, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 12.052149, "energy": 13.575389, "activity_lines": [ 37.142604, 37.392663, 37.364985, 37.134937 ] }, { "date": "2024-03-01", "close": 36.777004, "volume": 283000, "typical_volume": 202650.5, "trend": 36.994007, "fair_value": 34.949474, "relative_strength": -16.778437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.05562, "energy": 19.743723, "activity_lines": [ 36.954002, 37.253389, 37.346747, 37.115696 ] }, { "date": "2024-03-08", "close": 36.3853, "volume": 189000, "typical_volume": 202050.5, "trend": 36.91912, "fair_value": 34.991762, "relative_strength": -20.858226, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -25.926933, "energy": 35.282356, "activity_lines": [ 36.704469, 37.059513, 37.285192, 37.076425 ] }, { "date": "2024-03-15", "close": 41.433975, "volume": 3187000, "typical_volume": 353400.5, "trend": 37.054105, "fair_value": 35.070183, "relative_strength": -9.234767, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.235651, "energy": 49.676102, "activity_lines": [ 38.224875, 37.808901, 37.698454, 37.367706 ] }, { "date": "2024-03-22", "close": 42.783199, "volume": 2086000, "typical_volume": 449250.5, "trend": 37.235452, "fair_value": 35.160518, "relative_strength": -8.446376, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.844633, "energy": 79.80101, "activity_lines": [ 39.936784, 38.740295, 38.20954, 37.737324 ] }, { "date": "2024-03-29", "close": 41.477505, "volume": 991000, "typical_volume": 491650.5, "trend": 37.380529, "fair_value": 35.238715, "relative_strength": -11.143245, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.777264, "energy": 80.062392, "activity_lines": [ 40.824657, 39.341706, 38.557518, 38.011005 ] }, { "date": "2024-04-05", "close": 44.65469, "volume": 1865000, "typical_volume": 569850.5, "trend": 37.632963, "fair_value": 35.340293, "relative_strength": -4.233166, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.554887, "energy": 89.279428, "activity_lines": [ 42.452421, 40.450358, 39.177826, 38.480306 ] }, { "date": "2024-04-12", "close": 43.61013, "volume": 1189000, "typical_volume": 616750.5, "trend": 37.85493, "fair_value": 35.430402, "relative_strength": -7.884718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.15984, "energy": 85.300651, "activity_lines": [ 43.20682, 41.244851, 39.663211, 38.86593 ] }, { "date": "2024-04-19", "close": 43.131378, "volume": 1892000, "typical_volume": 695250.5, "trend": 38.076898, "fair_value": 35.506638, "relative_strength": -2.903984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.913302, "energy": 73.710354, "activity_lines": [ 43.319979, 41.844678, 40.071914, 39.206346 ] }, { "date": "2024-04-26", "close": 43.261951, "volume": 718000, "typical_volume": 719350.5, "trend": 38.319177, "fair_value": 35.586726, "relative_strength": -5.069965, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.057715, "energy": 57.433652, "activity_lines": [ 43.363503, 42.366956, 40.469839, 39.540865 ] }, { "date": "2024-05-03", "close": 41.782166, "volume": 447000, "typical_volume": 731850.5, "trend": 38.488917, "fair_value": 35.648032, "relative_strength": -8.752475, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.0043, "energy": 46.345922, "activity_lines": [ 42.881848, 42.505439, 40.701755, 39.764284 ] }, { "date": "2024-05-10", "close": 40.73761, "volume": 594000, "typical_volume": 753900.5, "trend": 38.663009, "fair_value": 35.703899, "relative_strength": -12.191906, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.838195, "energy": 29.623572, "activity_lines": [ 42.031697, 42.361417, 40.816159, 39.909361 ] }, { "date": "2024-05-17", "close": 40.128284, "volume": 534000, "typical_volume": 775300.5, "trend": 38.829848, "fair_value": 35.761638, "relative_strength": -15.154048, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.596741, "energy": 20.486945, "activity_lines": [ 41.239576, 42.034598, 40.858024, 40.003895 ] }, { "date": "2024-05-24", "close": 40.432949, "volume": 349000, "typical_volume": 785800.5, "trend": 39.011194, "fair_value": 35.836405, "relative_strength": -15.13152, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.806468, "energy": 22.050136, "activity_lines": [ 40.781133, 41.695118, 40.917713, 40.107321 ] }, { "date": "2024-05-31", "close": 40.215332, "volume": 267000, "typical_volume": 786400.5, "trend": 39.196892, "fair_value": 35.908521, "relative_strength": -13.332499, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.218091, "energy": 20.945117, "activity_lines": [ 40.430046, 41.334272, 40.944863, 40.185007 ] }, { "date": "2024-06-07", "close": 40.258854, "volume": 302000, "typical_volume": 791650.0, "trend": 39.368083, "fair_value": 35.979158, "relative_strength": -15.125093, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.927733, "energy": 18.113573, "activity_lines": [ 40.296575, 41.028027, 40.964137, 40.253521 ] }, { "date": "2024-06-14", "close": 41.085796, "volume": 266000, "typical_volume": 798750.0, "trend": 39.497202, "fair_value": 36.057859, "relative_strength": -15.231617, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.798771, "energy": 12.976328, "activity_lines": [ 40.540305, 40.894293, 41.049525, 40.364341 ] }, { "date": "2024-06-21", "close": 42.870239, "volume": 692000, "typical_volume": 827250.0, "trend": 39.690154, "fair_value": 36.147496, "relative_strength": -13.743545, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.10444, "energy": 23.384038, "activity_lines": [ 41.355637, 41.149892, 41.289316, 40.581956 ] }, { "date": "2024-06-28", "close": 43.348995, "volume": 1267000, "typical_volume": 888400.0, "trend": 39.859894, "fair_value": 36.241961, "relative_strength": -11.310373, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.864647, "energy": 39.876173, "activity_lines": [ 42.147757, 41.50599, 41.550041, 40.81801 ] }, { "date": "2024-07-05", "close": 45.264011, "volume": 2191000, "typical_volume": 986450.0, "trend": 40.102173, "fair_value": 36.345184, "relative_strength": -8.926464, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.626751, "energy": 73.088307, "activity_lines": [ 43.383813, 42.206316, 41.965582, 41.166663 ] }, { "date": "2024-07-12", "close": 43.784229, "volume": 764000, "typical_volume": 1003650.0, "trend": 40.295125, "fair_value": 36.442439, "relative_strength": -12.781436, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.546653, "energy": 69.958405, "activity_lines": [ 43.79003, 42.601189, 42.200607, 41.404215 ] }, { "date": "2024-07-19", "close": 42.652626, "volume": 621000, "typical_volume": 1020550.0, "trend": 40.460513, "fair_value": 36.532691, "relative_strength": -10.687375, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.716689, "energy": 66.708912, "activity_lines": [ 43.584021, 42.753916, 42.294078, 41.556312 ] }, { "date": "2024-07-26", "close": 40.998745, "volume": 322000, "typical_volume": 1027200.0, "trend": 40.56787, "fair_value": 36.611839, "relative_strength": -10.844144, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.236925, "energy": 31.46705, "activity_lines": [ 42.722262, 42.571118, 42.202058, 41.591037 ] }, { "date": "2024-08-02", "close": 40.432949, "volume": 378000, "typical_volume": 886750.0, "trend": 40.650564, "fair_value": 36.68937, "relative_strength": -9.735832, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.589816, "energy": 12.031146, "activity_lines": [ 41.796671, 42.269622, 42.034183, 41.582332 ] }, { "date": "2024-08-09", "close": 37.690994, "volume": 724000, "typical_volume": 818650.0, "trend": 40.650564, "fair_value": 36.747817, "relative_strength": -14.741781, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -37.905005, "energy": 35.398194, "activity_lines": [ 40.151499, 41.469589, 41.609937, 41.391392 ] }, { "date": "2024-08-16", "close": 39.11261, "volume": 337000, "typical_volume": 785950.0, "trend": 40.700852, "fair_value": 36.818643, "relative_strength": -14.586556, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -26.608344, "energy": 35.874789, "activity_lines": [ 39.485066, 40.973928, 41.345331, 41.292169 ] }, { "date": "2024-08-23", "close": 40.024326, "volume": 254000, "typical_volume": 705400.0, "trend": 40.774278, "fair_value": 36.901343, "relative_strength": -11.459259, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.481442, "energy": 46.567849, "activity_lines": [ 39.43398, 40.664875, 41.178817, 41.248522 ] }, { "date": "2024-08-30", "close": 40.161079, "volume": 192000, "typical_volume": 655550.0, "trend": 40.856614, "fair_value": 36.987433, "relative_strength": -11.238579, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.583503, "energy": 47.817431, "activity_lines": [ 39.603698, 40.399985, 41.047376, 41.208961 ] }, { "date": "2024-09-06", "close": 39.249367, "volume": 318000, "typical_volume": 576850.0, "trend": 40.912912, "fair_value": 37.056874, "relative_strength": -9.535292, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.14592, "energy": 30.128627, "activity_lines": [ 39.525356, 40.018587, 40.845529, 41.105268 ] }, { "date": "2024-09-13", "close": 38.519993, "volume": 175000, "typical_volume": 549700.0, "trend": 40.965208, "fair_value": 37.125912, "relative_strength": -12.195309, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.463828, "energy": 38.159448, "activity_lines": [ 39.282795, 39.579114, 40.592704, 40.950886 ] }, { "date": "2024-09-20", "close": 39.11261, "volume": 69000, "typical_volume": 530800.0, "trend": 41.045963, "fair_value": 37.202768, "relative_strength": -12.06165, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.472498, "energy": 36.475199, "activity_lines": [ 39.182507, 39.370009, 40.418899, 40.831363 ] }, { "date": "2024-09-27", "close": 39.203781, "volume": 182000, "typical_volume": 510200.0, "trend": 41.126856, "fair_value": 37.269451, "relative_strength": -14.020604, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.454578, "energy": 42.586632, "activity_lines": [ 39.112609, 39.262418, 40.26649, 40.712513 ] }, { "date": "2024-10-04", "close": 38.79351, "volume": 106000, "typical_volume": 488800.0, "trend": 41.207129, "fair_value": 37.332469, "relative_strength": -12.531047, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.984557, "energy": 50.339895, "activity_lines": [ 38.960657, 39.142939, 40.082311, 40.561975 ] }, { "date": "2024-10-11", "close": 38.930267, "volume": 90000, "typical_volume": 475850.0, "trend": 41.123672, "fair_value": 37.403088, "relative_strength": -14.172759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.139891, "energy": 46.589105, "activity_lines": [ 38.945462, 39.08842, 39.917513, 40.41508 ] }, { "date": "2024-10-18", "close": 39.021439, "volume": 118000, "typical_volume": 468400.0, "trend": 40.99828, "fair_value": 37.476876, "relative_strength": -15.72814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.449147, "energy": 40.042688, "activity_lines": [ 38.981931, 39.077799, 39.768553, 40.279452 ] }, { "date": "2024-10-25", "close": 38.292065, "volume": 219000, "typical_volume": 464250.0, "trend": 40.892099, "fair_value": 37.542369, "relative_strength": -16.380339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.506581, "energy": 43.579559, "activity_lines": [ 38.741846, 38.910375, 39.555814, 40.104858 ] }, { "date": "2024-11-01", "close": 37.289177, "volume": 116000, "typical_volume": 456750.0, "trend": 40.646582, "fair_value": 37.600657, "relative_strength": -16.159082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.429286, "energy": 57.407747, "activity_lines": [ 38.222167, 38.575526, 39.256928, 39.872411 ] }, { "date": "2024-11-08", "close": 37.425934, "volume": 135000, "typical_volume": 428900.0, "trend": 40.440442, "fair_value": 37.654392, "relative_strength": -18.200024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.712906, "energy": 76.501263, "activity_lines": [ 37.875715, 38.315272, 38.989146, 39.664627 ] }, { "date": "2024-11-15", "close": 41.300728, "volume": 2527000, "typical_volume": 491900.0, "trend": 40.379421, "fair_value": 37.735552, "relative_strength": -6.189944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.482581, "energy": 19.236862, "activity_lines": [ 38.912032, 38.809257, 39.116316, 39.72013 ] }, { "date": "2024-11-22", "close": 44.21822, "volume": 4384262, "typical_volume": 601563.1, "trend": 40.411296, "fair_value": 37.833344, "relative_strength": -0.058683, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.42857, "energy": 27.224813, "activity_lines": [ 40.762816, 39.796397, 39.531097, 39.967794 ] }, { "date": "2024-11-29", "close": 43.534431, "volume": 6473000, "typical_volume": 887013.1, "trend": 40.469705, "fair_value": 37.923133, "relative_strength": 1.473305, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.354351, "energy": 36.80153, "activity_lines": [ 42.039218, 40.555607, 39.885735, 40.169287 ] }, { "date": "2024-12-06", "close": 44.035877, "volume": 3342000, "typical_volume": 1023063.1, "trend": 40.579647, "fair_value": 38.021825, "relative_strength": -1.19402, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.528149, "energy": 41.912916, "activity_lines": [ 43.133277, 41.325593, 40.289319, 40.399362 ] }, { "date": "2024-12-13", "close": 42.075687, "volume": 1179000, "typical_volume": 1065913.1, "trend": 40.644561, "fair_value": 38.109762, "relative_strength": -4.576034, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.551307, "energy": 54.144267, "activity_lines": [ 43.12416, 41.651324, 40.499632, 40.495881 ] }, { "date": "2024-12-20", "close": 42.713886, "volume": 613000, "typical_volume": 1077663.1, "trend": 40.720592, "fair_value": 38.19636, "relative_strength": -0.689211, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.298939, "energy": 43.59201, "activity_lines": [ 43.017793, 42.033416, 40.765597, 40.629386 ] }, { "date": "2024-12-27", "close": 43.352089, "volume": 659000, "typical_volume": 1074413.1, "trend": 40.82515, "fair_value": 38.282136, "relative_strength": -2.279737, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.934577, "energy": 29.498724, "activity_lines": [ 43.029949, 42.462751, 41.081482, 40.79916 ] }, { "date": "2025-01-03", "close": 40.662525, "volume": 451000, "typical_volume": 1080113.1, "trend": 40.838606, "fair_value": 38.335156, "relative_strength": -6.503254, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 10.217169, "energy": 11.133698, "activity_lines": [ 42.203326, 42.324336, 41.11426, 40.788668 ] }, { "date": "2025-01-10", "close": 39.56847, "volume": 367000, "typical_volume": 1085763.1, "trend": 40.788029, "fair_value": 38.385301, "relative_strength": -9.029547, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.595946, "energy": 7.525934, "activity_lines": [ 41.203478, 41.943902, 41.035462, 40.706724 ] }, { "date": "2025-01-17", "close": 39.522881, "volume": 353000, "typical_volume": 1093813.1, "trend": 40.67645, "fair_value": 38.402573, "relative_strength": -9.282035, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.645663, "energy": 13.350731, "activity_lines": [ 40.486262, 41.513738, 40.954493, 40.625101 ] }, { "date": "2025-01-24", "close": 40.161079, "volume": 127000, "typical_volume": 1084263.1, "trend": 40.570186, "fair_value": 38.41049, "relative_strength": -8.928472, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.879262, "energy": 13.177926, "activity_lines": [ 40.151965, 41.161483, 40.937344, 40.591851 ] }, { "date": "2025-02-07", "close": 39.933151, "volume": 194069, "typical_volume": 1085216.55, "trend": 40.392491, "fair_value": 38.425996, "relative_strength": -8.902636, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.409169, "energy": 15.683397, "activity_lines": [ 39.911879, 40.788508, 40.894145, 40.550752 ] }, { "date": "2025-02-14", "close": 40.115494, "volume": 336133, "typical_volume": 1098573.2, "trend": 40.2702, "fair_value": 38.450428, "relative_strength": -6.870483, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.843193, "energy": 12.824555, "activity_lines": [ 39.960503, 40.526597, 40.861584, 40.532882 ] }, { "date": "2025-02-21", "close": 40.708115, "volume": 382302, "typical_volume": 1108588.3, "trend": 40.205383, "fair_value": 38.460041, "relative_strength": -7.536712, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.851093, "energy": 9.940118, "activity_lines": [ 40.243136, 40.434597, 40.880687, 40.561134 ] }, { "date": "2025-02-28", "close": 39.933151, "volume": 176093, "typical_volume": 1112092.95, "trend": 40.169863, "fair_value": 38.485114, "relative_strength": -6.429166, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.611795, "energy": 8.349418, "activity_lines": [ 40.191472, 40.262199, 40.81882, 40.543571 ] }, { "date": "2025-03-07", "close": 39.477295, "volume": 150035, "typical_volume": 1115094.7, "trend": 40.138008, "fair_value": 38.52097, "relative_strength": -5.352128, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.673186, "energy": 13.531567, "activity_lines": [ 39.960504, 40.045874, 40.708112, 40.498889 ] }, { "date": "2025-03-14", "close": 40.525768, "volume": 179120, "typical_volume": 1118150.7, "trend": 40.2325, "fair_value": 38.52476, "relative_strength": -0.155182, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.731804, "energy": 7.074935, "activity_lines": [ 40.124613, 40.079027, 40.694653, 40.523906 ] }, { "date": "2025-03-21", "close": 40.024326, "volume": 245002, "typical_volume": 1119450.8, "trend": 40.262891, "fair_value": 38.476723, "relative_strength": -2.152327, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.31928, "energy": 10.809373, "activity_lines": [ 40.082067, 40.072397, 40.626274, 40.510475 ] }, { "date": "2025-03-28", "close": 39.796398, "volume": 195180, "typical_volume": 1123409.8, "trend": 40.255293, "fair_value": 38.434466, "relative_strength": 0.306306, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.959485, "energy": 15.073247, "activity_lines": [ 39.969623, 40.035929, 40.527939, 40.480379 ] }, { "date": "2025-04-04", "close": 39.067024, "volume": 176115, "typical_volume": 1125465.55, "trend": 40.218825, "fair_value": 38.392187, "relative_strength": 0.096088, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.993064, "energy": 24.116731, "activity_lines": [ 39.674835, 39.862703, 40.348201, 40.403717 ] }, { "date": "2025-04-11", "close": 34.599617, "volume": 797376, "typical_volume": 1038984.35, "trend": 40.063833, "fair_value": 38.317134, "relative_strength": -2.885747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.9723, "energy": 72.115413, "activity_lines": [ 37.948653, 38.88551, 39.735181, 40.041187 ] }, { "date": "2025-04-18", "close": 34.827545, "volume": 128027, "typical_volume": 826172.6, "trend": 39.940751, "fair_value": 38.27302, "relative_strength": -1.251994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.037977, "energy": 82.612631, "activity_lines": [ 36.623626, 38.050875, 39.175778, 39.703362 ] }, { "date": "2025-04-25", "close": 36.149536, "volume": 114000, "typical_volume": 508222.6, "trend": 39.841982, "fair_value": 38.247465, "relative_strength": 0.446498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.357828, "energy": 78.018211, "activity_lines": [ 36.119144, 37.549432, 38.786997, 39.458767 ] }, { "date": "2025-05-02", "close": 37.517109, "volume": 113131, "typical_volume": 346779.15, "trend": 39.78576, "fair_value": 38.249552, "relative_strength": 0.025205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.109255, "energy": 74.029113, "activity_lines": [ 36.328839, 37.368747, 38.563627, 39.308776 ] }, { "date": "2025-05-09", "close": 37.106834, "volume": 124090, "typical_volume": 294033.65, "trend": 39.729537, "fair_value": 38.23427, "relative_strength": -1.375885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.599476, "energy": 52.279347, "activity_lines": [ 36.553728, 37.171484, 38.332224, 39.135942 ] }, { "date": "2025-05-16", "close": 37.380352, "volume": 144000, "typical_volume": 270583.65, "trend": 39.677873, "fair_value": 38.223586, "relative_strength": -4.611733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.195856, "energy": 33.648967, "activity_lines": [ 37.000469, 37.07534, 38.150533, 38.984381 ] }, { "date": "2025-05-23", "close": 37.88179, "volume": 160201, "typical_volume": 245643.7, "trend": 39.639885, "fair_value": 38.243008, "relative_strength": -2.332847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.454585, "energy": 21.659509, "activity_lines": [ 37.428974, 37.108493, 38.041995, 38.868505 ] }, { "date": "2025-05-30", "close": 37.289177, "volume": 136068, "typical_volume": 229897.1, "trend": 39.606456, "fair_value": 38.250874, "relative_strength": -2.353105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.242249, "energy": 20.216896, "activity_lines": [ 37.456325, 37.08197, 37.903067, 38.716846 ] }, { "date": "2025-06-06", "close": 36.924492, "volume": 113000, "typical_volume": 217197.1, "trend": 39.594299, "fair_value": 38.263643, "relative_strength": -4.507153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.041029, "energy": 21.537638, "activity_lines": [ 37.286138, 37.038871, 37.74547, 38.543817 ] }, { "date": "2025-06-13", "close": 39.796398, "volume": 316247, "typical_volume": 215359.45, "trend": 39.673315, "fair_value": 38.286029, "relative_strength": 1.039974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.301248, "energy": 12.363423, "activity_lines": [ 38.112761, 37.570152, 37.873979, 38.556855 ] }, { "date": "2025-06-20", "close": 39.522881, "volume": 237516, "typical_volume": 220885.25, "trend": 39.614053, "fair_value": 38.303818, "relative_strength": 0.505002, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.124555, "energy": 9.727917, "activity_lines": [ 38.668908, 38.038443, 37.975136, 38.54715 ] }, { "date": "2025-06-27", "close": 38.975853, "volume": 74485, "typical_volume": 214906.05, "trend": 39.439308, "fair_value": 38.343441, "relative_strength": -3.108785, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.345056, "energy": 13.835428, "activity_lines": [ 38.899876, 38.317759, 38.027234, 38.505976 ] }, { "date": "2025-07-04", "close": 39.340538, "volume": 111088, "typical_volume": 203653.8, "trend": 39.299511, "fair_value": 38.375834, "relative_strength": -1.915503, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.653881, "energy": 16.172868, "activity_lines": [ 39.179469, 38.587959, 38.118622, 38.499603 ] }, { "date": "2025-07-11", "close": 39.991905, "volume": 169280, "typical_volume": 193002.7, "trend": 39.164712, "fair_value": 38.426883, "relative_strength": -1.008308, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.107244, "energy": 39.05517, "activity_lines": [ 39.539426, 38.91857, 38.275736, 38.544274 ] }, { "date": "2025-07-18", "close": 40.708607, "volume": 100055, "typical_volume": 189200.8, "trend": 39.119143, "fair_value": 38.476579, "relative_strength": -1.86282, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.226043, "energy": 47.356456, "activity_lines": [ 39.93379, 39.334494, 38.504518, 38.64388 ] }, { "date": "2025-07-25", "close": 40.708607, "volume": 177043, "typical_volume": 190551.2, "trend": 39.0523, "fair_value": 38.532739, "relative_strength": -1.653223, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.803635, "energy": 50.741919, "activity_lines": [ 40.26734, 39.684932, 38.729607, 38.746426 ] }, { "date": "2025-08-01", "close": 40.565269, "volume": 93226, "typical_volume": 186256.5, "trend": 38.959406, "fair_value": 38.574535, "relative_strength": -2.162124, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.083949, "energy": 54.869099, "activity_lines": [ 40.474063, 39.948795, 38.935181, 38.844037 ] }, { "date": "2025-08-08", "close": 42.763149, "volume": 307715, "typical_volume": 189392.15, "trend": 39.029427, "fair_value": 38.627316, "relative_strength": 0.71576, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.58877, "energy": 75.175487, "activity_lines": [ 41.307451, 40.563481, 39.34989, 39.08944 ] }, { "date": "2025-08-15", "close": 47.445595, "volume": 1840610, "typical_volume": 271663.65, "trend": 39.291998, "fair_value": 38.724594, "relative_strength": 10.073068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.197018, "energy": 91.327052, "activity_lines": [ 43.47348, 41.929995, 40.197503, 39.632418 ] }, { "date": "2025-08-22", "close": 47.206696, "volume": 1428085, "typical_volume": 334262.15, "trend": 39.548125, "fair_value": 38.82034, "relative_strength": 11.858651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.118376, "energy": 93.192924, "activity_lines": [ 45.062963, 43.06178, 40.985939, 40.143044 ] }, { "date": "2025-08-29", "close": 47.636715, "volume": 732285, "typical_volume": 331007.6, "trend": 39.797313, "fair_value": 38.909784, "relative_strength": 10.503915, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.550614, "energy": 92.362943, "activity_lines": [ 46.362581, 44.137017, 41.77657, 40.664888 ] }, { "date": "2025-09-05", "close": 48.926777, "volume": 776352, "typical_volume": 363423.85, "trend": 40.0971, "fair_value": 39.0027, "relative_strength": 12.050015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.723727, "energy": 91.95868, "activity_lines": [ 47.630345, 45.299287, 42.627982, 41.253886 ] }, { "date": "2025-09-12", "close": 49.309013, "volume": 3154759, "typical_volume": 515461.8, "trend": 40.403551, "fair_value": 39.072476, "relative_strength": 8.458615, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.183911, "energy": 86.265781, "activity_lines": [ 48.468087, 46.350128, 43.448658, 41.848203 ] }, { "date": "2025-09-19", "close": 47.732277, "volume": 793190, "typical_volume": 549464.75, "trend": 40.63769, "fair_value": 39.150804, "relative_strength": 4.456793, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.922573, "energy": 67.245266, "activity_lines": [ 48.34386, 46.933045, 44.056504, 42.321024 ] }, { "date": "2025-09-26", "close": 64.503075, "volume": 11194755, "typical_volume": 1102998.0, "trend": 41.456687, "fair_value": 39.336637, "relative_strength": 40.006881, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.963885, "energy": 83.485391, "activity_lines": [ 53.790786, 50.424464, 46.212926, 43.860726 ] }, { "date": "2025-10-03", "close": 73.007927, "volume": 31675654, "typical_volume": 2679580.7, "trend": 42.574375, "fair_value": 39.586585, "relative_strength": 49.858484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.991245, "energy": 94.672286, "activity_lines": [ 60.919571, 55.029593, 49.048875, 45.89629 ] }, { "date": "2025-10-10", "close": 68.325478, "volume": 2459863, "typical_volume": 2794563.8, "trend": 43.501032, "fair_value": 39.823577, "relative_strength": 36.369396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.199732, "energy": 92.657985, "activity_lines": [ 64.796126, 58.196107, 51.269222, 47.557652 ] }, { "date": "2025-10-17", "close": 68.61216, "volume": 4228442, "typical_volume": 2999182.5, "trend": 44.45396, "fair_value": 40.061874, "relative_strength": 35.782302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.030476, "energy": 89.197482, "activity_lines": [ 67.474995, 60.910015, 53.371902, 49.177724 ] }, { "date": "2025-10-24", "close": 82.37281, "volume": 3871893, "typical_volume": 3187127.15, "trend": 45.873174, "fair_value": 40.400643, "relative_strength": 59.448958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.56057, "energy": 93.007447, "activity_lines": [ 73.45387, 65.655876, 56.635963, 51.624102 ] }, { "date": "2025-10-31", "close": 88.488663, "volume": 22112398, "typical_volume": 4276934.7, "trend": 47.520561, "fair_value": 40.783147, "relative_strength": 64.514708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.48993, "energy": 79.129234, "activity_lines": [ 79.161995, 70.878671, 60.266065, 54.373488 ] }, { "date": "2025-11-07", "close": 87.4375, "volume": 21274339, "typical_volume": 5328775.85, "trend": 49.281824, "fair_value": 41.158113, "relative_strength": 63.4649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.673027, "energy": 72.094081, "activity_lines": [ 82.920692, 75.159764, 63.564189, 56.948775 ] }, { "date": "2025-11-14", "close": 78.168175, "volume": 11351277, "typical_volume": 5892615.45, "trend": 50.726512, "fair_value": 41.461932, "relative_strength": 45.659621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.397893, "energy": 66.602833, "activity_lines": [ 82.627643, 77.031874, 65.751355, 58.81241 ] }, { "date": "2025-11-21", "close": 70.236679, "volume": 7121250, "typical_volume": 6243123.55, "trend": 51.86275, "fair_value": 41.705845, "relative_strength": 34.534834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.781533, "energy": 57.381679, "activity_lines": [ 79.034582, 76.930232, 66.996511, 60.071131 ] }, { "date": "2025-11-28", "close": 73.007927, "volume": 4033409, "typical_volume": 6436330.0, "trend": 53.045777, "fair_value": 41.973119, "relative_strength": 32.890048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.093046, "energy": 41.715827, "activity_lines": [ 76.256969, 76.951951, 68.35847, 61.435336 ] }, { "date": "2025-12-05", "close": 78.359291, "volume": 10188337, "typical_volume": 6940744.1, "trend": 54.420859, "fair_value": 42.276564, "relative_strength": 39.682742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.67644, "energy": 32.502696, "activity_lines": [ 75.88747, 77.487088, 70.072864, 63.068466 ] }, { "date": "2025-12-12", "close": 70.714478, "volume": 4577940, "typical_volume": 7160788.95, "trend": 55.531997, "fair_value": 42.514209, "relative_strength": 24.357906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.463543, "energy": 23.598319, "activity_lines": [ 73.644991, 76.380327, 70.879892, 64.119667 ] }, { "date": "2025-12-19", "close": 64.503075, "volume": 2748488, "typical_volume": 7293552.05, "trend": 56.419373, "fair_value": 42.704307, "relative_strength": 14.939895, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.039749, "energy": 19.864726, "activity_lines": [ 70.446913, 74.18592, 70.952472, 64.698446 ] }, { "date": "2025-12-26", "close": 65.840919, "volume": 1231217, "typical_volume": 7339727.15, "trend": 57.371098, "fair_value": 42.886454, "relative_strength": 13.352748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.776951, "energy": 19.564467, "activity_lines": [ 68.605789, 72.304255, 71.038476, 65.306288 ] }, { "date": "2026-01-02", "close": 65.649796, "volume": 959061, "typical_volume": 7295649.7, "trend": 58.328608, "fair_value": 43.075906, "relative_strength": 9.579156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.49746, "energy": 17.747815, "activity_lines": [ 66.994009, 70.438227, 70.996384, 65.840397 ] }, { "date": "2026-01-09", "close": 64.694191, "volume": 1400235, "typical_volume": 7294257.2, "trend": 59.158534, "fair_value": 43.263498, "relative_strength": 4.281369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.07542, "energy": 16.528562, "activity_lines": [ 65.554235, 68.702507, 70.776596, 66.25108 ] }, { "date": "2026-01-16", "close": 70.810043, "volume": 2498705, "typical_volume": 7382578.2, "trend": 60.20144, "fair_value": 43.48283, "relative_strength": 9.520317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.300918, "energy": 11.957021, "activity_lines": [ 67.064085, 68.511387, 71.055995, 67.00279 ] }, { "date": "2026-01-23", "close": 66.509834, "volume": 2036928, "typical_volume": 7445607.0, "trend": 61.119239, "fair_value": 43.694322, "relative_strength": 0.738494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.205099, "energy": 9.10744, "activity_lines": [ 67.134162, 67.840728, 70.815502, 67.409783 ] }, { "date": "2026-01-30", "close": 60.77623, "volume": 1383296, "typical_volume": 7357033.85, "trend": 61.833762, "fair_value": 43.866661, "relative_strength": -8.399998, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.250907, "energy": 14.33423, "activity_lines": [ 65.159253, 66.339565, 69.945223, 67.387654 ] }, { "date": "2026-02-06", "close": 60.680668, "volume": 758507, "typical_volume": 7355299.7, "trend": 62.523387, "fair_value": 44.035989, "relative_strength": -7.91425, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.814034, "energy": 24.697676, "activity_lines": [ 63.490136, 64.993036, 69.011236, 67.313261 ] }, { "date": "2026-02-13", "close": 60.298428, "volume": 294029, "typical_volume": 6810263.4, "trend": 63.176382, "fair_value": 44.2026, "relative_strength": -13.50708, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.15917, "energy": 48.872963, "activity_lines": [ 62.024881, 63.801141, 67.979187, 67.169715 ] }, { "date": "2026-02-27", "close": 67.752121, "volume": 1193181, "typical_volume": 5286139.75, "trend": 64.077832, "fair_value": 44.412459, "relative_strength": -7.947727, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.541486, "energy": 35.74809, "activity_lines": [ 63.337241, 64.292842, 67.677035, 67.464924 ] }, { "date": "2026-03-06", "close": 63.834156, "volume": 678005, "typical_volume": 5197046.85, "trend": 64.853462, "fair_value": 44.586274, "relative_strength": -8.727643, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.171168, "energy": 24.495479, "activity_lines": [ 63.547474, 64.126046, 67.026771, 67.449203 ] }, { "date": "2026-03-13", "close": 63.069672, "volume": 572135, "typical_volume": 5014231.5, "trend": 65.530346, "fair_value": 44.756521, "relative_strength": -9.39975, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.524495, "energy": 19.897018, "activity_lines": [ 63.681258, 63.832416, 66.325087, 67.33412 ] }, { "date": "2026-03-20", "close": 63.069672, "volume": 537689, "typical_volume": 4847521.3, "trend": 66.051148, "fair_value": 44.925702, "relative_strength": -9.816997, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.236996, "energy": 12.557059, "activity_lines": [ 63.662146, 63.589172, 65.649796, 67.175367 ] }, { "date": "2026-03-27", "close": 65.936478, "volume": 882316, "typical_volume": 3786017.2, "trend": 66.675474, "fair_value": 45.117258, "relative_strength": -4.656068, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.835855, "energy": 12.308851, "activity_lines": [ 64.439368, 63.914077, 65.339453, 67.167969 ] }, { "date": "2026-04-03", "close": 61.827389, "volume": 768318, "typical_volume": 2760716.15, "trend": 67.148497, "fair_value": 45.249153, "relative_strength": -9.162025, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -46.904338, "energy": 28.580428, "activity_lines": [ 63.471025, 63.469288, 64.74516, 66.855189 ] }, { "date": "2026-04-10", "close": 65.076431, "volume": 970102, "typical_volume": 2241657.4, "trend": 67.686819, "fair_value": 45.405341, "relative_strength": -12.072226, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.95188, "energy": 20.948761, "activity_lines": [ 63.980677, 63.778554, 64.582252, 66.721507 ] }, { "date": "2026-04-17", "close": 68.134361, "volume": 1067475, "typical_volume": 1938968.65, "trend": 68.31433, "fair_value": 45.580331, "relative_strength": -11.473422, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.929425, "energy": 14.213557, "activity_lines": [ 65.426822, 64.66987, 64.772918, 66.750381 ] }, { "date": "2026-04-24", "close": 66.796516, "volume": 2423545, "typical_volume": 1858475.45, "trend": 68.949805, "fair_value": 45.74248, "relative_strength": -17.895161, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.447245, "energy": 11.380654, "activity_lines": [ 66.089372, 65.184157, 64.84618, 66.652457 ] }, { "date": "2026-05-01", "close": 64.885315, "volume": 597238, "typical_volume": 1378920.5, "trend": 68.962546, "fair_value": 45.894777, "relative_strength": -20.120669, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.21347, "energy": 12.996695, "activity_lines": [ 65.866398, 65.239756, 64.767002, 66.390232 ] }, { "date": "2026-05-08", "close": 64.598633, "volume": 952599, "typical_volume": 1197653.45, "trend": 68.682236, "fair_value": 46.042837, "relative_strength": -25.418054, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.859697, "energy": 12.247219, "activity_lines": [ 65.617942, 65.159832, 64.724682, 66.108689 ] }, { "date": "2026-05-15", "close": 60.107311, "volume": 976981, "typical_volume": 1109078.1, "trend": 68.408297, "fair_value": 46.156242, "relative_strength": -29.67188, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.586433, "energy": 25.910021, "activity_lines": [ 63.687628, 64.320641, 64.283741, 65.555468 ] }, { "date": "2026-05-22", "close": 61.54071, "volume": 551338, "typical_volume": 1075084.15, "trend": 68.172582, "fair_value": 46.293231, "relative_strength": -29.694878, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.023723, "energy": 40.318842, "activity_lines": [ 62.566389, 63.809829, 64.000246, 65.112398 ] }, { "date": "2026-05-29", "close": 64.311958, "volume": 727225, "typical_volume": 1063492.35, "trend": 67.570554, "fair_value": 46.426125, "relative_strength": -30.375887, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.774811, "energy": 36.311877, "activity_lines": [ 62.808476, 63.830679, 64.001156, 64.863326 ] }, { "date": "2026-06-05", "close": 71.3834, "volume": 4532334, "typical_volume": 1220097.3, "trend": 67.000379, "fair_value": 46.599551, "relative_strength": -23.183288, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 1.906721, "energy": 3.889266, "activity_lines": [ 65.573348, 65.114659, 64.681908, 65.109316 ] }, { "date": "2026-06-12", "close": 68.134361, "volume": 1322258, "typical_volume": 1161274.95, "trend": 66.356941, "fair_value": 46.734023, "relative_strength": -25.069183, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.604874, "energy": 13.772121, "activity_lines": [ 66.822001, 65.70887, 65.021374, 65.182476 ] }, { "date": "2026-06-19", "close": 69.185524, "volume": 617238, "typical_volume": 1090290.45, "trend": 66.057519, "fair_value": 46.857639, "relative_strength": -27.460378, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.018714, "energy": 27.995604, "activity_lines": [ 68.185326, 66.379529, 65.473693, 65.364965 ] }, { "date": "2026-06-26", "close": 65.649796, "volume": 1138266, "typical_volume": 1078038.95, "trend": 65.904623, "fair_value": 46.982049, "relative_strength": -28.027784, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.363128, "energy": 23.618725, "activity_lines": [ 67.764861, 66.332617, 65.576534, 65.338661 ] }, { "date": "2026-07-03", "close": 74.632446, "volume": 3329032, "typical_volume": 1206565.2, "trend": 65.958773, "fair_value": 47.163507, "relative_strength": -21.947487, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 43.215303, "energy": 48.213721, "activity_lines": [ 70.064674, 67.964089, 66.511657, 65.901746 ] }, { "date": "2026-07-10", "close": 71.096725, "volume": 1233387, "typical_volume": 1253533.1, "trend": 65.716688, "fair_value": 47.32923, "relative_strength": -23.179335, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.790779, "energy": 49.279236, "activity_lines": [ 70.49788, 68.810231, 67.043609, 66.233227 ] }, { "date": "2026-07-17", "close": 66.199997, "volume": 1098711, "typical_volume": 1248809.6, "trend": 65.566205, "fair_value": 47.480092, "relative_strength": -23.824038, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.97915, "energy": 27.924761, "activity_lines": [ 69.317956, 68.653123, 67.057785, 66.264408 ] }, { "date": "2026-07-24", "close": 67.400002, "volume": 698181, "typical_volume": 1249818.4, "trend": 65.662769, "fair_value": 47.646643, "relative_strength": -24.049311, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.825466, "energy": 22.971462, "activity_lines": [ 68.666991, 68.685083, 67.193638, 66.382717 ] }, { "date": "2026-07-31", "close": 64.300003, "volume": 559144, "typical_volume": 1249168.85, "trend": 65.611406, "fair_value": 47.794388, "relative_strength": -26.46874, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.294129, "energy": 11.95389, "activity_lines": [ 67.101727, 68.020813, 67.017273, 66.294797 ] }, { "date": "2026-08-07", "close": 64.400002, "volume": 279236, "typical_volume": 1236246.2, "trend": 65.569746, "fair_value": 47.948372, "relative_strength": -28.008742, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.636498, "energy": 15.495775, "activity_lines": [ 65.659783, 67.324555, 66.844573, 66.216642 ] }, { "date": "2026-08-14", "close": 71.199997, "volume": 422087, "typical_volume": 1213234.75, "trend": 65.786606, "fair_value": 48.15341, "relative_strength": -22.995702, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.024291, "energy": 17.173096, "activity_lines": [ 67.166667, 67.863058, 67.313157, 66.579884 ] } ], "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." } } }