{ "ticker": { "uuid": "d3b71ad5-5009-4367-bf28-193c95f06bb7", "symbol": "2066", "name": "Sumeeko Industries 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": 1, "stage_name": "Basing", "phase": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 88.48, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 27.518, "architecture_energy": 21.584, "architecture_maturity": 60.029, "architecture_confidence": 75.547, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 49.84, "rotation_up": 19.05, "upward_expansion": 52.79, "deceleration": 93.75, "rotation_down": 34.73, "downward_expansion": 21.12 }, "activity_lines": [ 60.720001, 62.870909, 61.115238, 58.643225 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 58.400002, "trend_reference": 56.163333, "distance_from_trend": 0.039824, "trend_direction": "Improving", "fair_value": 79.88641, "distance_from_fair_value": -0.268962, "fair_value_direction": "Weakening", "relative_strength": -26.490286, "relative_strength_direction": "Improving", "price_momentum": 0.169169, "excess_performance": -0.272203, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.039824, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.090691, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.268962, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.011525, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.264903, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.063296, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.169169, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.502864, "read": "Demand-led" } ], "volume": { "latest": 978022, "relative_activity": 1.517802, "balance": 1.502864, "dry_up": 0.734538, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.104189, "annualized_volatility": 0.586023, "from_high_reference": -0.230567, "from_low_reference": 0.35814 }, "levels": { "trend_reference": 56.163333, "fair_value_reference": 79.88641, "structural_low": 43.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.02735, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.008122, "regime_survival": 0.4, "best_return": 0.097955, "worst_return": -0.116541, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.026422, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.078955, "regime_survival": 0.0, "best_return": 0.493056, "worst_return": -0.220605, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.098166, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.005092, "regime_survival": 0.166667, "best_return": 0.539352, "worst_return": -0.356464, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.516443, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.369655, "regime_survival": 0.0, "best_return": 0.664092, "worst_return": -0.445071, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-12", "end": "2024-02-23", "tenure": "Developing", "return": 0.05787, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-07-05", "tenure": "Established", "return": 0.41189, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-08-23", "tenure": "Developing", "return": -0.180451, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-30", "end": "2024-09-27", "tenure": "Developing", "return": -0.00905, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-04", "end": "2024-11-29", "tenure": "Developing", "return": 0.099502, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2024-12-13", "tenure": "New", "return": -0.142857, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-20", "end": "2025-05-23", "tenure": "Established", "return": -0.047191, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-05-30", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-06", "end": "2026-02-13", "tenure": "Extended", "return": -0.302424, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-04-17", "tenure": "Developing", "return": -0.126415, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": -0.073529, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.028007, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-07-31", "tenure": "Developing", "return": -0.032895, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": -0.078864, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 74.693352, "volume": 2169000, "typical_volume": 2226000.0, "trend": 79.902688, "fair_value": 56.029141, "relative_strength": -8.206839, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 5.793985, "energy": 9.349, "activity_lines": [ 83.139984, 85.232603, 84.476701, 82.894907 ] }, { "date": "2023-08-18", "close": 73.384476, "volume": 1406000, "typical_volume": 2252350.0, "trend": 80.199367, "fair_value": 56.250985, "relative_strength": -8.803299, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -30.249262, "energy": 31.669059, "activity_lines": [ 78.811959, 83.006716, 83.515195, 82.474378 ] }, { "date": "2023-08-25", "close": 75.50531, "volume": 1105000, "typical_volume": 2269050.0, "trend": 80.555107, "fair_value": 56.483411, "relative_strength": -6.992882, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -25.012277, "energy": 35.708927, "activity_lines": [ 76.610285, 81.306049, 82.770216, 82.171535 ] }, { "date": "2023-09-01", "close": 78.636017, "volume": 563000, "typical_volume": 1953850.0, "trend": 80.823234, "fair_value": 56.730382, "relative_strength": -3.963369, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.749273, "energy": 41.806381, "activity_lines": [ 76.497507, 80.420028, 82.340724, 82.047723 ] }, { "date": "2023-09-08", "close": 81.214241, "volume": 1080000, "typical_volume": 1734000.0, "trend": 81.063866, "fair_value": 57.004426, "relative_strength": -0.318536, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.744536, "energy": 35.610236, "activity_lines": [ 77.906234, 80.100848, 82.181217, 82.072949 ] }, { "date": "2023-09-15", "close": 80.569687, "volume": 996000, "typical_volume": 1673100.0, "trend": 81.242292, "fair_value": 57.261975, "relative_strength": -3.029524, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.72611, "energy": 17.933871, "activity_lines": [ 79.20057, 79.66649, 81.969577, 82.041067 ] }, { "date": "2023-09-22", "close": 77.531059, "volume": 884000, "typical_volume": 1676800.0, "trend": 81.377604, "fair_value": 57.485836, "relative_strength": -3.178957, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.304126, "energy": 12.397345, "activity_lines": [ 79.090274, 78.833001, 81.480036, 81.801632 ] }, { "date": "2023-09-29", "close": 77.531059, "volume": 350000, "typical_volume": 1594000.0, "trend": 81.411113, "fair_value": 57.71496, "relative_strength": -3.00334, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.741988, "energy": 12.468127, "activity_lines": [ 78.703539, 78.31123, 81.023935, 81.553468 ] }, { "date": "2023-10-06", "close": 78.2677, "volume": 373000, "typical_volume": 1521350.0, "trend": 81.448816, "fair_value": 57.949858, "relative_strength": -2.896405, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.872055, "energy": 23.987247, "activity_lines": [ 78.427302, 78.171652, 80.644007, 81.350667 ] }, { "date": "2023-10-13", "close": 75.873627, "volume": 351000, "typical_volume": 1478000.0, "trend": 81.517245, "fair_value": 58.174147, "relative_strength": -7.084149, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.944063, "energy": 47.999481, "activity_lines": [ 77.377594, 77.784056, 80.058525, 80.990978 ] }, { "date": "2023-10-20", "close": 71.361717, "volume": 854000, "typical_volume": 1473300.0, "trend": 81.316023, "fair_value": 58.366881, "relative_strength": -10.48679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.867205, "energy": 67.125772, "activity_lines": [ 75.179958, 76.700613, 79.07179, 80.335782 ] }, { "date": "2023-10-27", "close": 70.533005, "volume": 597000, "typical_volume": 1450850.0, "trend": 81.119173, "fair_value": 58.557461, "relative_strength": -9.496477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.45395, "energy": 75.154716, "activity_lines": [ 73.319949, 75.527071, 78.045679, 79.640104 ] }, { "date": "2023-11-03", "close": 69.796371, "volume": 395000, "typical_volume": 1250500.0, "trend": 80.807601, "fair_value": 58.746476, "relative_strength": -12.247788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.26123, "energy": 83.056131, "activity_lines": [ 71.680932, 74.271439, 76.999556, 78.9096 ] }, { "date": "2023-11-10", "close": 74.032036, "volume": 559000, "typical_volume": 1213750.0, "trend": 80.483061, "fair_value": 58.953697, "relative_strength": -7.680488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.352797, "energy": 78.579233, "activity_lines": [ 71.969449, 73.889728, 76.448293, 78.472467 ] }, { "date": "2023-11-17", "close": 79.648888, "volume": 1166000, "typical_volume": 1224250.0, "trend": 80.366109, "fair_value": 59.197449, "relative_strength": -3.696811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.088396, "energy": 38.508979, "activity_lines": [ 74.412628, 74.612971, 76.479579, 78.41865 ] }, { "date": "2023-11-24", "close": 80.017212, "volume": 1686000, "typical_volume": 1192350.0, "trend": 80.267252, "fair_value": 59.437774, "relative_strength": -3.698555, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.317009, "energy": 15.997582, "activity_lines": [ 76.726898, 75.431644, 76.553924, 78.39614 ] }, { "date": "2023-12-01", "close": 86.923187, "volume": 3699000, "typical_volume": 1183800.0, "trend": 80.346239, "fair_value": 59.711842, "relative_strength": 3.511267, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 38.388949, "energy": 37.880247, "activity_lines": [ 80.766126, 77.515993, 77.328775, 78.825555 ] }, { "date": "2023-12-08", "close": 84.713272, "volume": 1441000, "typical_volume": 1117750.0, "trend": 80.543531, "fair_value": 59.961218, "relative_strength": 1.143144, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.382987, "energy": 42.899368, "activity_lines": [ 82.976037, 79.027773, 77.930073, 79.107299 ] }, { "date": "2023-12-15", "close": 84.98951, "volume": 1614000, "typical_volume": 1144950.0, "trend": 80.610418, "fair_value": 60.199209, "relative_strength": -0.187591, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.323529, "energy": 54.641242, "activity_lines": [ 84.283567, 80.459193, 78.588499, 79.394137 ] }, { "date": "2023-12-22", "close": 83.424156, "volume": 1081000, "typical_volume": 1118450.0, "trend": 80.662938, "fair_value": 60.421377, "relative_strength": -1.57081, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.783064, "energy": 56.916425, "activity_lines": [ 84.338815, 81.483788, 79.114881, 79.575668 ] }, { "date": "2023-12-29", "close": 83.792473, "volume": 597000, "typical_volume": 1039850.0, "trend": 80.800451, "fair_value": 60.661167, "relative_strength": -2.977156, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.336467, "energy": 44.355675, "activity_lines": [ 84.26515, 82.438067, 79.672993, 79.777574 ] }, { "date": "2024-01-05", "close": 80.938011, "volume": 413000, "typical_volume": 990200.0, "trend": 80.796277, "fair_value": 60.896342, "relative_strength": -4.109729, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.340182, "energy": 25.624903, "activity_lines": [ 82.988314, 82.64734, 79.915923, 79.786448 ] }, { "date": "2024-01-12", "close": 79.556808, "volume": 475000, "typical_volume": 958700.0, "trend": 80.481379, "fair_value": 61.120032, "relative_strength": -5.724215, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 9.073276, "energy": 10.136443, "activity_lines": [ 81.650088, 82.416303, 79.99134, 79.706483 ] }, { "date": "2024-01-19", "close": 77.070656, "volume": 577000, "typical_volume": 959400.0, "trend": 80.2494, "fair_value": 61.322523, "relative_strength": -9.544868, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.670429, "energy": 14.92974, "activity_lines": [ 79.82691, 81.555776, 79.810688, 79.486436 ] }, { "date": "2024-01-26", "close": 79.464737, "volume": 366000, "typical_volume": 923700.0, "trend": 80.187391, "fair_value": 61.528782, "relative_strength": -8.38705, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.384942, "energy": 15.604272, "activity_lines": [ 79.329682, 81.075289, 79.865498, 79.435813 ] }, { "date": "2024-02-02", "close": 84.252876, "volume": 1016000, "typical_volume": 924700.0, "trend": 80.029028, "fair_value": 61.774155, "relative_strength": -3.270322, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 13.265546, "energy": 12.703887, "activity_lines": [ 80.692462, 81.46872, 80.384652, 79.698102 ] }, { "date": "2024-02-09", "close": 82.042961, "volume": 212000, "typical_volume": 891100.0, "trend": 79.607941, "fair_value": 62.01694, "relative_strength": -5.915481, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.08911, "energy": 15.856526, "activity_lines": [ 81.287909, 81.383337, 80.675799, 79.828033 ] }, { "date": "2024-02-16", "close": 83.239998, "volume": 298000, "typical_volume": 888500.0, "trend": 79.343101, "fair_value": 62.280554, "relative_strength": -7.022104, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 52.033721, "energy": 31.545245, "activity_lines": [ 82.208706, 81.604328, 81.059464, 80.062359 ] }, { "date": "2024-02-23", "close": 84.160789, "volume": 1433000, "typical_volume": 941500.0, "trend": 79.196211, "fair_value": 62.55165, "relative_strength": -7.291698, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.751643, "energy": 48.550045, "activity_lines": [ 83.190887, 82.019523, 81.503638, 80.373178 ] }, { "date": "2024-03-01", "close": 86.739021, "volume": 1054000, "typical_volume": 976650.0, "trend": 79.33014, "fair_value": 62.832432, "relative_strength": -4.564421, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.939912, "energy": 64.304988, "activity_lines": [ 84.559804, 82.918555, 82.165296, 80.859811 ] }, { "date": "2024-03-08", "close": 85.449913, "volume": 3764000, "typical_volume": 1122150.0, "trend": 79.688692, "fair_value": 63.102845, "relative_strength": -9.784271, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.632429, "energy": 59.751905, "activity_lines": [ 85.014065, 83.522933, 82.652441, 81.254635 ] }, { "date": "2024-03-15", "close": 91.066765, "volume": 3632000, "typical_volume": 1273900.0, "trend": 80.278102, "fair_value": 63.412421, "relative_strength": -3.293485, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.268802, "energy": 71.588025, "activity_lines": [ 87.260808, 85.118422, 83.607439, 81.988704 ] }, { "date": "2024-03-22", "close": 90.238045, "volume": 1098000, "typical_volume": 1309050.0, "trend": 80.769193, "fair_value": 63.715632, "relative_strength": -6.608669, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.009692, "energy": 72.012831, "activity_lines": [ 88.629724, 86.379075, 84.38573, 82.631281 ] }, { "date": "2024-03-29", "close": 89.777649, "volume": 715000, "typical_volume": 1316850.0, "trend": 81.140581, "fair_value": 64.00063, "relative_strength": -7.240506, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.32899, "energy": 65.957641, "activity_lines": [ 89.378638, 87.361815, 85.022834, 83.212472 ] }, { "date": "2024-04-05", "close": 110.035172, "volume": 8297000, "typical_volume": 1673400.0, "trend": 82.101279, "fair_value": 64.422852, "relative_strength": 13.260055, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.37408, "energy": 92.639825, "activity_lines": [ 96.505602, 91.796706, 87.514246, 85.076639 ] }, { "date": "2024-04-12", "close": 118.782738, "volume": 16078000, "typical_volume": 2393000.0, "trend": 83.375047, "fair_value": 64.895359, "relative_strength": 19.685441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.897531, "energy": 97.682084, "activity_lines": [ 104.995345, 97.266236, 90.694062, 87.443185 ] }, { "date": "2024-04-19", "close": 113.718361, "volume": 5413000, "typical_volume": 2478700.0, "trend": 84.58129, "fair_value": 65.319614, "relative_strength": 21.438416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.488345, "energy": 92.496834, "activity_lines": [ 109.574774, 101.187156, 93.20696, 89.400818 ] }, { "date": "2024-04-26", "close": 131.673889, "volume": 6677000, "typical_volume": 2740500.0, "trend": 86.386051, "fair_value": 65.856338, "relative_strength": 35.802802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.343864, "energy": 97.559246, "activity_lines": [ 118.629273, 107.7968, 97.302312, 92.43905 ] }, { "date": "2024-05-03", "close": 130.292694, "volume": 9326000, "typical_volume": 3126100.0, "trend": 88.120218, "fair_value": 66.372629, "relative_strength": 32.464083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.468008, "energy": 93.478845, "activity_lines": [ 124.460984, 113.274702, 101.042499, 95.271737 ] }, { "date": "2024-05-10", "close": 134.436279, "volume": 4329000, "typical_volume": 3288500.0, "trend": 90.072306, "fair_value": 66.92285, "relative_strength": 33.431242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.328598, "energy": 85.455429, "activity_lines": [ 128.972887, 118.667221, 104.961584, 98.25987 ] }, { "date": "2024-05-17", "close": 119.703537, "volume": 4228000, "typical_volume": 3470050.0, "trend": 91.6837, "fair_value": 67.388629, "relative_strength": 15.50836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.399171, "energy": 66.627055, "activity_lines": [ 126.947135, 120.513836, 107.234636, 100.171562 ] }, { "date": "2024-05-24", "close": 120.624329, "volume": 1933000, "typical_volume": 3546050.0, "trend": 93.353411, "fair_value": 67.890835, "relative_strength": 14.454132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.219838, "energy": 59.220369, "activity_lines": [ 125.166927, 121.905076, 109.424378, 102.038699 ] }, { "date": "2024-05-31", "close": 121.545128, "volume": 983000, "typical_volume": 3571450.0, "trend": 95.07837, "fair_value": 68.398942, "relative_strength": 17.01068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.193379, "energy": 50.214852, "activity_lines": [ 123.233255, 122.926323, 111.512832, 103.85752 ] }, { "date": "2024-06-07", "close": 134.896683, "volume": 2622000, "typical_volume": 3673700.0, "trend": 97.107191, "fair_value": 68.990532, "relative_strength": 25.127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.10658, "energy": 52.765115, "activity_lines": [ 126.425351, 125.805906, 114.672918, 106.426443 ] }, { "date": "2024-06-14", "close": 130.753082, "volume": 2216000, "typical_volume": 3766200.0, "trend": 98.810664, "fair_value": 69.555034, "relative_strength": 17.496922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.085924, "energy": 50.820139, "activity_lines": [ 127.929315, 127.11176, 117.163013, 108.597146 ] }, { "date": "2024-06-21", "close": 120.163925, "volume": 2047000, "typical_volume": 3817750.0, "trend": 100.148888, "fair_value": 70.052709, "relative_strength": 4.389931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.810695, "energy": 42.011324, "activity_lines": [ 126.149106, 126.115624, 118.400388, 109.974775 ] }, { "date": "2024-06-28", "close": 122.465927, "volume": 1135000, "typical_volume": 3863900.0, "trend": 101.333646, "fair_value": 70.557773, "relative_strength": 7.199079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.942069, "energy": 35.413223, "activity_lines": [ 125.105538, 125.512922, 119.685995, 111.414584 ] }, { "date": "2024-07-05", "close": 122.465927, "volume": 903000, "typical_volume": 3894150.0, "trend": 102.592068, "fair_value": 71.059679, "relative_strength": 4.870787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.331915, "energy": 28.1567, "activity_lines": [ 123.939198, 124.751173, 120.779112, 112.777957 ] }, { "date": "2024-07-12", "close": 122.465927, "volume": 993000, "typical_volume": 3872150.0, "trend": 103.841282, "fair_value": 71.558428, "relative_strength": 3.434123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.809694, "energy": 21.903974, "activity_lines": [ 122.71147, 124.156841, 121.68544, 114.060142 ] }, { "date": "2024-07-19", "close": 121.545128, "volume": 1594000, "typical_volume": 3899150.0, "trend": 105.111981, "fair_value": 72.054957, "relative_strength": 7.37567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.121022, "energy": 20.420649, "activity_lines": [ 122.005527, 123.537396, 122.321666, 115.202325 ] }, { "date": "2024-07-26", "close": 120.163925, "volume": 768000, "typical_volume": 3749350.0, "trend": 106.324363, "fair_value": 72.543686, "relative_strength": 9.622712, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.118905, "energy": 17.988004, "activity_lines": [ 121.453047, 122.901208, 122.660606, 116.173419 ] }, { "date": "2024-08-02", "close": 117.861938, "volume": 581000, "typical_volume": 3596800.0, "trend": 107.55516, "fair_value": 73.017132, "relative_strength": 9.685339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.907022, "energy": 12.518288, "activity_lines": [ 120.133237, 121.838106, 122.615004, 116.917778 ] }, { "date": "2024-08-09", "close": 108.193573, "volume": 1745000, "typical_volume": 3629150.0, "trend": 108.509719, "fair_value": 73.430706, "relative_strength": 1.268855, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.424962, "energy": 13.111909, "activity_lines": [ 115.897572, 119.067345, 121.52101, 116.958966 ] }, { "date": "2024-08-16", "close": 103.589592, "volume": 551000, "typical_volume": 3620950.0, "trend": 109.393684, "fair_value": 73.814242, "relative_strength": -6.915496, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -15.745391, "energy": 34.05294, "activity_lines": [ 111.078736, 115.702252, 119.903039, 116.641539 ] }, { "date": "2024-08-23", "close": 100.366806, "volume": 953000, "typical_volume": 3253750.0, "trend": 110.090419, "fair_value": 74.18396, "relative_strength": -9.014771, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.000189, "energy": 59.241566, "activity_lines": [ 106.444061, 112.320418, 117.912364, 116.05916 ] }, { "date": "2024-08-30", "close": 101.748009, "volume": 718000, "typical_volume": 2485750.0, "trend": 110.67359, "fair_value": 74.565163, "relative_strength": -8.16345, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.641559, "energy": 60.997589, "activity_lines": [ 103.681675, 109.742189, 116.099273, 115.52094 ] }, { "date": "2024-09-06", "close": 99.90641, "volume": 1263000, "typical_volume": 2278250.0, "trend": 111.269039, "fair_value": 74.930877, "relative_strength": -6.235292, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.218757, "energy": 67.181338, "activity_lines": [ 101.533151, 107.163959, 114.191909, 114.826283 ] }, { "date": "2024-09-13", "close": 99.90641, "volume": 1657000, "typical_volume": 2027250.0, "trend": 111.824586, "fair_value": 75.288432, "relative_strength": -7.572576, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.593422, "energy": 63.040036, "activity_lines": [ 100.581661, 104.995902, 112.350316, 114.09321 ] }, { "date": "2024-09-20", "close": 105.891586, "volume": 845000, "typical_volume": 1603200.0, "trend": 112.548946, "fair_value": 75.683265, "relative_strength": -3.815847, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.527045, "energy": 45.088347, "activity_lines": [ 102.177708, 104.326232, 111.230013, 113.710436 ] }, { "date": "2024-09-27", "close": 100.827209, "volume": 922000, "typical_volume": 1432850.0, "trend": 113.018552, "fair_value": 76.052161, "relative_strength": -10.966615, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.146053, "energy": 46.792491, "activity_lines": [ 101.932163, 103.037118, 109.743585, 112.954195 ] }, { "date": "2024-10-04", "close": 95.92662, "volume": 413000, "typical_volume": 1242100.0, "trend": 113.367775, "fair_value": 76.386924, "relative_strength": -13.171836, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.802109, "energy": 49.771438, "activity_lines": [ 100.022395, 101.233677, 107.950477, 111.851489 ] }, { "date": "2024-10-11", "close": 95.449371, "volume": 732000, "typical_volume": 1182050.0, "trend": 113.513862, "fair_value": 76.727604, "relative_strength": -15.747755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.975027, "energy": 49.496724, "activity_lines": [ 98.341636, 99.784142, 106.22514, 110.695463 ] }, { "date": "2024-10-18", "close": 99.744591, "volume": 783000, "typical_volume": 1172050.0, "trend": 113.830747, "fair_value": 77.095544, "relative_strength": -14.12036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.888123, "energy": 46.357798, "activity_lines": [ 98.389754, 99.523057, 105.028753, 109.807123 ] }, { "date": "2024-10-25", "close": 107.857788, "volume": 908000, "typical_volume": 1086350.0, "trend": 114.433418, "fair_value": 77.502981, "relative_strength": -6.672788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.368502, "energy": 33.679485, "activity_lines": [ 101.153058, 100.890716, 104.708863, 109.421771 ] }, { "date": "2024-11-01", "close": 105.471558, "volume": 501000, "typical_volume": 1000600.0, "trend": 114.281298, "fair_value": 77.897298, "relative_strength": -6.606341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.972168, "energy": 23.798884, "activity_lines": [ 102.989872, 101.746912, 104.29047, 108.843586 ] }, { "date": "2024-11-08", "close": 100.699089, "volume": 635000, "typical_volume": 930000.0, "trend": 113.67851, "fair_value": 78.263741, "relative_strength": -13.707344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.685681, "energy": 22.362472, "activity_lines": [ 102.92624, 101.642573, 103.537944, 107.967315 ] }, { "date": "2024-11-15", "close": 96.881111, "volume": 1769000, "typical_volume": 961700.0, "trend": 113.117268, "fair_value": 78.601359, "relative_strength": -13.895012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.039439, "energy": 25.134101, "activity_lines": [ 101.271783, 100.863127, 102.514491, 106.883612 ] }, { "date": "2024-11-22", "close": 102.60807, "volume": 898887, "typical_volume": 961494.35, "trend": 112.148407, "fair_value": 78.96372, "relative_strength": -9.395889, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.787357, "energy": 23.232879, "activity_lines": [ 101.430864, 101.179952, 102.158295, 106.205599 ] }, { "date": "2024-11-29", "close": 105.471558, "volume": 1051000, "typical_volume": 964394.35, "trend": 111.321036, "fair_value": 79.305814, "relative_strength": -4.090289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.015872, "energy": 21.811788, "activity_lines": [ 102.353543, 101.96829, 102.169373, 105.774834 ] }, { "date": "2024-12-06", "close": 103.562569, "volume": 869000, "typical_volume": 928144.35, "trend": 110.291913, "fair_value": 79.645463, "relative_strength": -9.461741, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.69648, "energy": 15.55263, "activity_lines": [ 102.798973, 102.417176, 102.079569, 105.274288 ] }, { "date": "2024-12-13", "close": 88.767914, "volume": 1366000, "typical_volume": 958044.35, "trend": 109.260725, "fair_value": 79.88429, "relative_strength": -21.521747, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.839355, "energy": 38.430114, "activity_lines": [ 98.440118, 100.12639, 100.66638, 103.885643 ] }, { "date": "2024-12-20", "close": 84.949936, "volume": 1078000, "typical_volume": 982894.35, "trend": 108.071579, "fair_value": 80.087764, "relative_strength": -22.90302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.505921, "energy": 66.66926, "activity_lines": [ 93.604015, 97.271586, 99.03908, 102.317205 ] }, { "date": "2024-12-27", "close": 84.568138, "volume": 745000, "typical_volume": 932894.35, "trend": 106.839012, "fair_value": 80.294229, "relative_strength": -25.469035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.692831, "energy": 79.622048, "activity_lines": [ 89.436058, 94.538262, 97.532142, 100.800854 ] }, { "date": "2025-01-03", "close": 83.80455, "volume": 504000, "typical_volume": 930544.35, "trend": 105.135941, "fair_value": 80.488185, "relative_strength": -24.671758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.734051, "energy": 83.885281, "activity_lines": [ 86.216234, 91.94204, 96.064983, 99.31476 ] }, { "date": "2025-01-10", "close": 81.609215, "volume": 1644000, "typical_volume": 965094.35, "trend": 103.497812, "fair_value": 80.668067, "relative_strength": -26.685902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.332501, "energy": 84.884404, "activity_lines": [ 83.709098, 89.383997, 94.48296, 97.796906 ] }, { "date": "2025-01-17", "close": 76.359497, "volume": 1308000, "typical_volume": 994594.35, "trend": 102.037665, "fair_value": 80.820282, "relative_strength": -31.517082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.354284, "energy": 89.48579, "activity_lines": [ 80.915614, 86.305321, 92.490284, 96.046047 ] }, { "date": "2025-01-24", "close": 83.613647, "volume": 1072000, "typical_volume": 985044.35, "trend": 100.742589, "fair_value": 81.030421, "relative_strength": -25.959242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.131303, "energy": 75.33398, "activity_lines": [ 81.367407, 84.988119, 91.309379, 94.857401 ] }, { "date": "2025-02-07", "close": 88.958809, "volume": 3276109, "typical_volume": 1065999.8, "trend": 99.625685, "fair_value": 81.285703, "relative_strength": -20.789837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.95823, "energy": 51.12968, "activity_lines": [ 83.690007, 84.883992, 90.71512, 94.097157 ] }, { "date": "2025-02-14", "close": 93.254028, "volume": 1327106, "typical_volume": 1090105.1, "trend": 98.651955, "fair_value": 81.570695, "relative_strength": -15.625744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.647398, "energy": 33.755424, "activity_lines": [ 87.151635, 85.808982, 90.582062, 93.686083 ] }, { "date": "2025-02-21", "close": 93.731277, "volume": 1804956, "typical_volume": 1134252.9, "trend": 97.724826, "fair_value": 81.847867, "relative_strength": -17.083368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.133625, "energy": 25.213465, "activity_lines": [ 90.142381, 87.042881, 90.554635, 93.36862 ] }, { "date": "2025-02-28", "close": 100.22184, "volume": 2523681, "typical_volume": 1239786.95, "trend": 97.06009, "fair_value": 82.160116, "relative_strength": -8.697955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.711334, "energy": 21.326199, "activity_lines": [ 94.48851, 89.635634, 91.179146, 93.529717 ] }, { "date": "2025-03-07", "close": 104.03981, "volume": 7423285, "typical_volume": 1574351.2, "trend": 96.599353, "fair_value": 82.500648, "relative_strength": -3.227604, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 31.669232, "energy": 34.80414, "activity_lines": [ 98.516474, 92.71431, 92.146821, 93.980022 ] }, { "date": "2025-03-14", "close": 92.108643, "volume": 2884683, "typical_volume": 1679435.35, "trend": 96.063188, "fair_value": 82.76633, "relative_strength": -11.909271, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 15.106424, "energy": 23.94239, "activity_lines": [ 97.205637, 93.276594, 91.937287, 93.690298 ] }, { "date": "2025-03-21", "close": 97.835602, "volume": 1609756, "typical_volume": 1714523.15, "trend": 95.871389, "fair_value": 83.072532, "relative_strength": -7.364745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 17.934443, "energy": 24.261121, "activity_lines": [ 97.593798, 94.743043, 92.309539, 93.804648 ] }, { "date": "2025-03-28", "close": 85.331741, "volume": 1918765, "typical_volume": 1785411.4, "trend": 95.37022, "fair_value": 83.291508, "relative_strength": -16.76474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.720653, "energy": 16.061448, "activity_lines": [ 93.508567, 93.680953, 91.538672, 93.12467 ] }, { "date": "2025-04-04", "close": 79.79567, "volume": 1894435, "typical_volume": 1848383.15, "trend": 94.638475, "fair_value": 83.471189, "relative_strength": -20.83413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.676668, "energy": 31.84647, "activity_lines": [ 88.137948, 91.544622, 90.336464, 92.119861 ] }, { "date": "2025-04-11", "close": 70.823433, "volume": 2885230, "typical_volume": 1904194.65, "trend": 93.669043, "fair_value": 83.592812, "relative_strength": -22.809559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.512361, "energy": 59.557481, "activity_lines": [ 81.138328, 87.714499, 88.379298, 90.583406 ] }, { "date": "2025-04-18", "close": 73.973259, "volume": 1483312, "typical_volume": 1933415.9, "trend": 92.804604, "fair_value": 83.747137, "relative_strength": -18.179564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.286948, "energy": 68.27435, "activity_lines": [ 77.403075, 84.689622, 86.846199, 89.312711 ] }, { "date": "2025-04-25", "close": 78.173035, "volume": 869230, "typical_volume": 1924327.4, "trend": 91.880653, "fair_value": 83.921313, "relative_strength": -14.94961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.054609, "energy": 68.310568, "activity_lines": [ 76.276773, 82.700805, 85.849435, 88.368739 ] }, { "date": "2025-05-02", "close": 78.554832, "volume": 492229, "typical_volume": 1905488.85, "trend": 91.13824, "fair_value": 84.100111, "relative_strength": -17.345399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.519012, "energy": 64.049878, "activity_lines": [ 76.588574, 81.055605, 85.019026, 87.509008 ] }, { "date": "2025-05-09", "close": 78.459381, "volume": 295299, "typical_volume": 1851953.8, "trend": 90.555999, "fair_value": 84.286458, "relative_strength": -17.021158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.673386, "energy": 40.713981, "activity_lines": [ 77.320353, 79.668986, 84.29861, 86.691017 ] }, { "date": "2025-05-16", "close": 77.504883, "volume": 451064, "typical_volume": 1820607.0, "trend": 89.957849, "fair_value": 84.462878, "relative_strength": -20.520239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.207683, "energy": 34.360202, "activity_lines": [ 77.823051, 78.504502, 83.536378, 85.84901 ] }, { "date": "2025-05-23", "close": 80.941071, "volume": 285201, "typical_volume": 1797617.05, "trend": 89.331065, "fair_value": 84.663501, "relative_strength": -15.574256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.509924, "energy": 25.269026, "activity_lines": [ 79.025715, 78.447234, 83.136855, 85.267282 ] }, { "date": "2025-05-30", "close": 77.695786, "volume": 203019, "typical_volume": 1782568.0, "trend": 88.325665, "fair_value": 84.849848, "relative_strength": -17.098128, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -41.398271, "energy": 25.69894, "activity_lines": [ 78.682097, 78.00296, 82.445529, 84.516619 ] }, { "date": "2025-06-06", "close": 76.264046, "volume": 216002, "typical_volume": 1711168.1, "trend": 87.352081, "fair_value": 85.021034, "relative_strength": -19.015724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.964726, "energy": 29.043656, "activity_lines": [ 77.893049, 77.664549, 81.646936, 83.73845 ] }, { "date": "2025-06-13", "close": 73.496017, "volume": 293298, "typical_volume": 1660433.0, "trend": 86.445312, "fair_value": 85.167404, "relative_strength": -22.437896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.656107, "energy": 41.43372, "activity_lines": [ 76.334043, 76.987726, 80.610174, 82.84451 ] }, { "date": "2025-06-20", "close": 71.682472, "volume": 328000, "typical_volume": 1623233.0, "trend": 85.605358, "fair_value": 85.290182, "relative_strength": -23.380259, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.945515, "energy": 60.295999, "activity_lines": [ 74.501414, 76.095708, 79.41433, 81.892069 ] }, { "date": "2025-06-27", "close": 74.832306, "volume": 347316, "typical_volume": 1476793.35, "trend": 84.679499, "fair_value": 85.424447, "relative_strength": -21.244805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.050427, "energy": 59.657265, "activity_lines": [ 74.10689, 75.760767, 78.575284, 81.197034 ] }, { "date": "2025-07-04", "close": 72.255173, "volume": 136566, "typical_volume": 1417266.35, "trend": 83.572286, "fair_value": 85.550895, "relative_strength": -23.104784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.336824, "energy": 64.67169, "activity_lines": [ 73.260572, 74.941638, 77.558067, 80.395464 ] }, { "date": "2025-07-11", "close": 70.918884, "volume": 121143, "typical_volume": 1333075.7, "trend": 82.484163, "fair_value": 85.666058, "relative_strength": -24.476611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.921949, "energy": 72.491387, "activity_lines": [ 72.331533, 73.987145, 76.513578, 79.579116 ] }, { "date": "2025-07-18", "close": 67.959946, "volume": 186089, "typical_volume": 1216196.1, "trend": 81.790564, "fair_value": 85.765517, "relative_strength": -28.850068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.621695, "energy": 78.085583, "activity_lines": [ 70.772525, 72.633499, 75.295917, 78.642069 ] }, { "date": "2025-07-25", "close": 67.482704, "volume": 309050, "typical_volume": 860484.35, "trend": 81.208323, "fair_value": 85.859741, "relative_strength": -28.475953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.30519, "energy": 83.62254, "activity_lines": [ 69.423507, 71.38398, 74.186431, 77.718982 ] }, { "date": "2025-08-01", "close": 67.864497, "volume": 245824, "typical_volume": 728541.4, "trend": 80.651535, "fair_value": 85.939005, "relative_strength": -27.409256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.484077, "energy": 81.705105, "activity_lines": [ 68.481739, 70.386099, 73.287389, 76.85809 ] }, { "date": "2025-08-08", "close": 69.391685, "volume": 500308, "typical_volume": 673069.0, "trend": 80.171106, "fair_value": 86.025882, "relative_strength": -26.685032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.20949, "energy": 72.012669, "activity_lines": [ 68.513553, 69.903645, 72.649241, 76.131648 ] }, { "date": "2025-08-15", "close": 69.20079, "volume": 1008204, "typical_volume": 627540.95, "trend": 79.757492, "fair_value": 86.10936, "relative_strength": -27.045956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.151403, "energy": 53.309155, "activity_lines": [ 68.672636, 69.537466, 72.12836, 75.423885 ] }, { "date": "2025-08-22", "close": 67.482704, "volume": 349671, "typical_volume": 550302.75, "trend": 79.461599, "fair_value": 86.157346, "relative_strength": -26.499781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.122413, "energy": 51.594155, "activity_lines": [ 68.373562, 68.987331, 71.520666, 74.631963 ] }, { "date": "2025-08-29", "close": 64.619217, "volume": 428128, "typical_volume": 427447.65, "trend": 78.828451, "fair_value": 86.188063, "relative_strength": -30.333628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.8126, "energy": 55.128111, "activity_lines": [ 67.151809, 68.025895, 70.698891, 73.67439 ] }, { "date": "2025-09-05", "close": 63.569279, "volume": 394002, "typical_volume": 372982.15, "trend": 77.982134, "fair_value": 86.100534, "relative_strength": -31.517994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.81174, "energy": 60.390412, "activity_lines": [ 65.770976, 67.001984, 69.806667, 72.689928 ] }, { "date": "2025-09-12", "close": 62.519337, "volume": 381410, "typical_volume": 348591.15, "trend": 76.957644, "fair_value": 86.020258, "relative_strength": -34.506818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.63457, "energy": 76.892584, "activity_lines": [ 64.32651, 65.991956, 68.863991, 71.692328 ] }, { "date": "2025-09-19", "close": 62.137539, "volume": 433121, "typical_volume": 345635.75, "trend": 75.904519, "fair_value": 85.94984, "relative_strength": -34.443355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.756841, "energy": 83.078548, "activity_lines": [ 63.212935, 65.089526, 67.959495, 70.736192 ] }, { "date": "2025-09-26", "close": 58.987709, "volume": 385082, "typical_volume": 350124.9, "trend": 74.530048, "fair_value": 85.831823, "relative_strength": -36.962352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.448848, "energy": 90.982136, "activity_lines": [ 61.520299, 63.77406, 66.833192, 69.644785 ] }, { "date": "2025-10-03", "close": 59.942204, "volume": 310003, "typical_volume": 343071.85, "trend": 73.060128, "fair_value": 85.732231, "relative_strength": -38.059465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.726458, "energy": 84.675539, "activity_lines": [ 60.712162, 62.795271, 65.890516, 68.703634 ] }, { "date": "2025-10-10", "close": 58.224117, "volume": 139022, "typical_volume": 335762.9, "trend": 71.930644, "fair_value": 85.658541, "relative_strength": -40.338704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.22666, "energy": 84.35162, "activity_lines": [ 59.64313, 61.641202, 64.867845, 67.746472 ] }, { "date": "2025-10-17", "close": 56.410576, "volume": 507064, "typical_volume": 350965.15, "trend": 70.54981, "fair_value": 85.5626, "relative_strength": -41.536929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.407606, "energy": 84.495157, "activity_lines": [ 58.325928, 60.332678, 63.780631, 66.745177 ] }, { "date": "2025-10-24", "close": 59.846756, "volume": 136509, "typical_volume": 346990.5, "trend": 69.70031, "fair_value": 85.508262, "relative_strength": -37.791878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.361228, "energy": 63.678242, "activity_lines": [ 58.56137, 59.884934, 63.12203, 66.054657 ] }, { "date": "2025-10-31", "close": 63.282936, "volume": 799119, "typical_volume": 372281.55, "trend": 69.149886, "fair_value": 85.474272, "relative_strength": -35.002891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.677283, "energy": 51.270672, "activity_lines": [ 60.094925, 60.232024, 62.868863, 65.640633 ] }, { "date": "2025-11-07", "close": 54.0, "volume": 1168083, "typical_volume": 414285.7, "trend": 68.589105, "fair_value": 85.422728, "relative_strength": -42.511789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.035926, "energy": 58.430006, "activity_lines": [ 58.247819, 58.967666, 61.78024, 64.663221 ] }, { "date": "2025-11-14", "close": 50.700001, "volume": 265290, "typical_volume": 410184.4, "trend": 67.813329, "fair_value": 85.327657, "relative_strength": -44.766569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.11994, "energy": 63.709378, "activity_lines": [ 55.69686, 57.296385, 60.461533, 63.509086 ] }, { "date": "2025-11-21", "close": 46.75, "volume": 607280, "typical_volume": 433720.1, "trend": 66.765895, "fair_value": 85.207824, "relative_strength": -46.449493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.040485, "energy": 78.677561, "activity_lines": [ 52.330842, 55.140909, 58.881552, 62.150161 ] }, { "date": "2025-11-28", "close": 50.0, "volume": 136018, "typical_volume": 434463.85, "trend": 65.814067, "fair_value": 85.099875, "relative_strength": -44.331428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.30909, "energy": 87.606953, "activity_lines": [ 50.692196, 53.863058, 57.732548, 61.06849 ] }, { "date": "2025-12-05", "close": 50.5, "volume": 162192, "typical_volume": 433269.0, "trend": 64.882088, "fair_value": 84.996249, "relative_strength": -43.506857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.247858, "energy": 85.768393, "activity_lines": [ 49.876667, 52.896798, 56.730777, 60.080486 ] }, { "date": "2025-12-12", "close": 49.599998, "volume": 97039, "typical_volume": 422668.45, "trend": 63.951925, "fair_value": 84.858887, "relative_strength": -44.029149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.258934, "energy": 81.688187, "activity_lines": [ 49.613333, 51.921223, 55.726433, 59.094545 ] }, { "date": "2025-12-19", "close": 50.400002, "volume": 108244, "typical_volume": 415789.45, "trend": 62.933889, "fair_value": 84.727772, "relative_strength": -41.365606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.04192, "energy": 59.692944, "activity_lines": [ 49.91, 51.279144, 54.883437, 58.220227 ] }, { "date": "2025-12-26", "close": 49.75, "volume": 56010, "typical_volume": 393574.55, "trend": 62.002363, "fair_value": 84.599202, "relative_strength": -43.148511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.630396, "energy": 56.86945, "activity_lines": [ 50.01, 50.661139, 54.061699, 57.369654 ] }, { "date": "2026-01-02", "close": 49.799999, "volume": 104151, "typical_volume": 348371.9, "trend": 61.120228, "fair_value": 84.49053, "relative_strength": -43.949352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.943792, "energy": 53.674388, "activity_lines": [ 49.926666, 50.173326, 53.338256, 56.582404 ] }, { "date": "2026-01-09", "close": 48.299999, "volume": 160128, "typical_volume": 338894.75, "trend": 60.280361, "fair_value": 84.388464, "relative_strength": -46.623469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.281093, "energy": 54.220022, "activity_lines": [ 49.356666, 49.595454, 52.564339, 55.755293 ] }, { "date": "2026-01-16", "close": 54.299999, "volume": 302003, "typical_volume": 332588.5, "trend": 59.700945, "fair_value": 84.320944, "relative_strength": -41.447078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.545405, "energy": 36.526024, "activity_lines": [ 50.933333, 50.380909, 52.453198, 55.369463 ] }, { "date": "2026-01-23", "close": 58.799999, "volume": 1040312, "typical_volume": 364904.0, "trend": 59.166535, "fair_value": 84.284508, "relative_strength": -37.093496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.196048, "energy": 15.217536, "activity_lines": [ 53.696666, 51.97909, 52.819767, 55.311337 ] }, { "date": "2026-01-30", "close": 52.700001, "volume": 342147, "typical_volume": 362940.85, "trend": 58.514696, "fair_value": 84.206731, "relative_strength": -43.08423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.393472, "energy": 21.606422, "activity_lines": [ 53.866666, 52.320909, 52.628095, 54.894142 ] }, { "date": "2026-02-06", "close": 49.950001, "volume": 218949, "typical_volume": 352232.25, "trend": 57.815733, "fair_value": 84.074409, "relative_strength": -44.761892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.719684, "energy": 27.756806, "activity_lines": [ 52.923334, 52.054545, 52.221277, 54.341581 ] }, { "date": "2026-02-13", "close": 53.200001, "volume": 95125, "typical_volume": 337734.4, "trend": 57.323735, "fair_value": 83.941106, "relative_strength": -43.424025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.837301, "energy": 15.687825, "activity_lines": [ 53.053334, 52.38, 52.182018, 54.043792 ] }, { "date": "2026-02-27", "close": 53.0, "volume": 166076, "typical_volume": 330538.05, "trend": 56.840978, "fair_value": 83.79869, "relative_strength": -45.59818, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.548865, "energy": 16.174785, "activity_lines": [ 52.790001, 52.62, 52.151273, 53.764841 ] }, { "date": "2026-03-06", "close": 50.400002, "volume": 190020, "typical_volume": 333087.95, "trend": 56.258828, "fair_value": 83.650795, "relative_strength": -44.365061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.605914, "energy": 27.455557, "activity_lines": [ 51.746668, 52.325455, 51.905966, 53.349294 ] }, { "date": "2026-03-13", "close": 53.599998, "volume": 255160, "typical_volume": 320492.75, "trend": 55.732439, "fair_value": 83.503834, "relative_strength": -39.176721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.604884, "energy": 14.904024, "activity_lines": [ 52.33, 52.612727, 52.002679, 53.177757 ] }, { "date": "2026-03-20", "close": 50.0, "volume": 337042, "typical_volume": 330519.4, "trend": 55.092412, "fair_value": 83.329882, "relative_strength": -42.369596, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.239951, "energy": 23.298399, "activity_lines": [ 51.653333, 52.175455, 51.769919, 52.807922 ] }, { "date": "2026-03-27", "close": 49.900002, "volume": 112094, "typical_volume": 296168.15, "trend": 54.506322, "fair_value": 83.176544, "relative_strength": -40.452546, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.602984, "energy": 26.344747, "activity_lines": [ 50.940001, 51.716364, 51.574524, 52.472928 ] }, { "date": "2026-04-03", "close": 49.400002, "volume": 41022, "typical_volume": 239815.1, "trend": 53.999015, "fair_value": 82.997067, "relative_strength": -38.942588, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.315061, "energy": 31.519579, "activity_lines": [ 50.280001, 51.137274, 51.395238, 52.143488 ] }, { "date": "2026-04-10", "close": 49.349998, "volume": 95046, "typical_volume": 231302.9, "trend": 53.525039, "fair_value": 82.823423, "relative_strength": -42.8637, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.856357, "energy": 42.154073, "activity_lines": [ 49.843333, 50.638182, 51.233095, 51.843551 ] }, { "date": "2026-04-17", "close": 46.299999, "volume": 396906, "typical_volume": 220784.2, "trend": 52.984395, "fair_value": 82.612887, "relative_strength": -47.432483, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.556063, "energy": 56.224744, "activity_lines": [ 48.46, 49.756364, 50.786905, 51.377419 ] }, { "date": "2026-04-24", "close": 47.599998, "volume": 459069, "typical_volume": 236936.75, "trend": 52.49981, "fair_value": 82.381039, "relative_strength": -47.824024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.216231, "energy": 55.169128, "activity_lines": [ 47.996666, 49.227272, 50.466667, 51.030039 ] }, { "date": "2026-05-01", "close": 46.5, "volume": 135095, "typical_volume": 235581.9, "trend": 52.083553, "fair_value": 82.146056, "relative_strength": -47.849914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.162138, "energy": 63.338838, "activity_lines": [ 47.326666, 48.540909, 50.053095, 50.642954 ] }, { "date": "2026-05-08", "close": 44.099998, "volume": 267481, "typical_volume": 244104.0, "trend": 51.555479, "fair_value": 81.896806, "relative_strength": -52.643308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.345198, "energy": 75.769691, "activity_lines": [ 46.083332, 47.539999, 49.43, 50.127886 ] }, { "date": "2026-05-15", "close": 60.700001, "volume": 1667447, "typical_volume": 322064.15, "trend": 51.638009, "fair_value": 81.743899, "relative_strength": -32.819887, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -4.111558, "energy": 5.637352, "activity_lines": [ 50.726666, 49.71909, 50.414047, 50.717856 ] }, { "date": "2026-05-22", "close": 57.900002, "volume": 776109, "typical_volume": 358069.1, "trend": 51.687656, "fair_value": 81.60996, "relative_strength": -36.365113, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.380688, "energy": 28.183845, "activity_lines": [ 53.68, 51.201818, 51.082381, 51.121855 ] }, { "date": "2026-05-29", "close": 58.299999, "volume": 924600, "typical_volume": 399091.55, "trend": 51.636098, "fair_value": 81.451736, "relative_strength": -38.109997, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.131863, "energy": 43.290502, "activity_lines": [ 55.993333, 52.679091, 51.75, 51.548458 ] }, { "date": "2026-06-05", "close": 59.0, "volume": 932080, "typical_volume": 437689.15, "trend": 51.493333, "fair_value": 81.305271, "relative_strength": -36.48479, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.056675, "energy": 59.871695, "activity_lines": [ 57.826667, 54.132727, 52.443809, 52.023548 ] }, { "date": "2026-06-12", "close": 60.799999, "volume": 696296, "typical_volume": 457403.8, "trend": 51.72, "fair_value": 81.184328, "relative_strength": -31.846907, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.569636, "energy": 80.449338, "activity_lines": [ 59.426666, 55.748181, 53.258095, 52.623978 ] }, { "date": "2026-06-19", "close": 64.699997, "volume": 712394, "typical_volume": 441007.9, "trend": 52.186666, "fair_value": 81.079435, "relative_strength": -29.763668, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.621924, "energy": 87.015398, "activity_lines": [ 61.213332, 57.865454, 54.412857, 53.461398 ] }, { "date": "2026-06-26", "close": 73.0, "volume": 2114179, "typical_volume": 529609.5, "trend": 53.061666, "fair_value": 80.976847, "relative_strength": -16.073246, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.696909, "energy": 94.409781, "activity_lines": [ 65.499999, 61.212727, 56.33, 54.804193 ] }, { "date": "2026-07-03", "close": 69.099998, "volume": 794128, "typical_volume": 558368.45, "trend": 53.698333, "fair_value": 80.881142, "relative_strength": -22.912626, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.040022, "energy": 85.240156, "activity_lines": [ 67.479999, 63.365454, 57.779047, 55.838924 ] }, { "date": "2026-07-10", "close": 66.0, "volume": 375186, "typical_volume": 572371.5, "trend": 54.215, "fair_value": 80.782905, "relative_strength": -22.698778, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.586849, "energy": 74.627157, "activity_lines": [ 67.706666, 64.563636, 58.841666, 56.63258 ] }, { "date": "2026-07-17", "close": 62.599998, "volume": 607061, "typical_volume": 594420.75, "trend": 54.648333, "fair_value": 80.61365, "relative_strength": -20.734181, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.592211, "energy": 55.454452, "activity_lines": [ 66.333332, 64.78909, 59.519523, 57.173548 ] }, { "date": "2026-07-24", "close": 63.099998, "volume": 154117, "typical_volume": 592625.6, "trend": 55.071666, "fair_value": 80.411242, "relative_strength": -20.697416, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.506298, "energy": 42.344527, "activity_lines": [ 65.006665, 64.76909, 60.199285, 57.718817 ] }, { "date": "2026-07-31", "close": 58.799999, "volume": 395109, "typical_volume": 599623.05, "trend": 55.373333, "fair_value": 80.203645, "relative_strength": -23.961352, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.087252, "energy": 22.150653, "activity_lines": [ 62.353332, 63.923635, 60.409047, 57.959354 ] }, { "date": "2026-08-07", "close": 63.400002, "volume": 366000, "typical_volume": 601070.95, "trend": 55.826666, "fair_value": 80.042315, "relative_strength": -18.789866, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.038891, "energy": 21.872499, "activity_lines": [ 62.18, 63.898181, 61.032142, 58.477204 ] }, { "date": "2026-08-14", "close": 58.400002, "volume": 978022, "typical_volume": 644367.35, "trend": 56.163333, "fair_value": 79.88641, "relative_strength": -26.490286, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.518382, "energy": 21.583831, "activity_lines": [ 60.720001, 62.870909, 61.115238, 58.643225 ] } ], "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." } } }