{ "ticker": { "uuid": "d651369b-b66b-47d3-97b8-512470c425d8", "symbol": "688766", "name": "Puya Semiconductor (Shanghai) Co., Ltd.", "exchange": "SHH", "country": "CN", "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": "2026-08-07", "benchmark": "000001.SS", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 16.1, "architecture_energy": 29.648, "architecture_maturity": 65.32, "architecture_confidence": 91.426, "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": 43.04, "rotation_up": 21.22, "upward_expansion": 52.91, "deceleration": 88.33, "rotation_down": 50.19, "downward_expansion": 30.24 }, "activity_lines": [ 407.711336, 498.11164, 465.222766, 417.498495 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 393.630005, "trend_reference": 356.549204, "distance_from_trend": 0.103999, "trend_direction": "Improving", "fair_value": 123.229337, "distance_from_fair_value": 2.194288, "fair_value_direction": "Weakening", "relative_strength": 58.072451, "relative_strength_direction": "Weakening", "price_momentum": 0.28674, "excess_performance": 0.329944, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.103999, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.568476, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 2.194288, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.449546, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.580725, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.474031, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.28674, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.770785, "read": "Supply-led" } ], "volume": { "latest": 88465195, "relative_activity": 2.360613, "balance": 0.770785, "dry_up": 2.059952, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.334551, "annualized_volatility": 1.18388, "from_high_reference": -0.545467, "from_low_reference": 4.92094 }, "levels": { "trend_reference": 356.549204, "fair_value_reference": 123.229337, "structural_low": 218.717484, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.331878, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.307274, "regime_survival": 0.25, "best_return": 0.53129, "worst_return": -0.051029, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.936855, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.930872, "regime_survival": 0.0, "best_return": 2.730292, "worst_return": 0.11198, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 2.686818, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 2.609815, "regime_survival": 0.0, "best_return": 4.86466, "worst_return": 0.508976, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.327512, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.102198, "regime_survival": 0.0, "best_return": 0.327512, "worst_return": 0.327512, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-04", "end": "2024-10-18", "tenure": "New", "return": 0.048908, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-12-13", "tenure": "Developing", "return": 0.373763, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-04-04", "tenure": "Established", "return": -0.171475, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": -0.010985, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-02", "end": "2025-05-30", "tenure": "Developing", "return": -0.12934, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-06", "end": "2025-08-01", "tenure": "Developing", "return": 0.117181, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-15", "tenure": "New", "return": -0.002491, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": 0.329888, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-12-12", "tenure": "Developing", "return": 0.283636, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.433629, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-27", "tenure": "Developing", "return": 0.264851, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-01", "tenure": "Developing", "return": 0.239099, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-31", "tenure": "Established", "return": 0.118115, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 56.262051, "volume": 9934366, "typical_volume": 16523874.7, "trend": 57.418203, "fair_value": 64.071896, "relative_strength": 2.214023, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.493907, "energy": 28.796683, "activity_lines": [ 59.626742, 59.057705, 58.568105, 57.952672 ] }, { "date": "2023-08-04", "close": 54.150902, "volume": 16330986, "typical_volume": 16902079.05, "trend": 57.502247, "fair_value": 63.971684, "relative_strength": -2.229702, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.919193, "energy": 7.289694, "activity_lines": [ 57.870652, 58.188387, 58.174313, 57.741879 ] }, { "date": "2023-08-11", "close": 51.715733, "volume": 6938329, "typical_volume": 16631940.65, "trend": 57.36864, "fair_value": 63.849124, "relative_strength": -3.779701, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.25132, "energy": 22.894964, "activity_lines": [ 55.298114, 56.988251, 57.539604, 57.368555 ] }, { "date": "2023-08-18", "close": 50.146286, "volume": 8959650, "typical_volume": 15756827.6, "trend": 57.062096, "fair_value": 63.713452, "relative_strength": -4.745449, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.207388, "energy": 54.212665, "activity_lines": [ 52.836955, 55.640998, 56.773571, 56.902597 ] }, { "date": "2023-08-25", "close": 46.369492, "volume": 7881549, "typical_volume": 14933659.5, "trend": 56.394757, "fair_value": 63.543414, "relative_strength": -9.593167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.760351, "energy": 71.64138, "activity_lines": [ 50.142911, 53.73318, 55.695811, 56.212752 ] }, { "date": "2023-09-01", "close": 49.108425, "volume": 14437551, "typical_volume": 13954547.6, "trend": 56.016242, "fair_value": 63.403268, "relative_strength": -6.183306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.422698, "energy": 68.786474, "activity_lines": [ 49.269421, 52.561757, 54.96409, 55.742666 ] }, { "date": "2023-09-08", "close": 50.723434, "volume": 12291338, "typical_volume": 13296599.0, "trend": 55.745019, "fair_value": 63.281347, "relative_strength": -2.671463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.552703, "energy": 63.625879, "activity_lines": [ 49.411177, 51.809896, 54.475606, 55.401194 ] }, { "date": "2023-09-15", "close": 51.381588, "volume": 11828337, "typical_volume": 12980438.0, "trend": 55.706172, "fair_value": 63.168015, "relative_strength": -1.522704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.284464, "energy": 48.534442, "activity_lines": [ 50.000815, 51.238728, 54.083486, 55.119682 ] }, { "date": "2023-09-22", "close": 52.313129, "volume": 17427790, "typical_volume": 13644260.7, "trend": 55.675158, "fair_value": 63.065611, "relative_strength": -0.232328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.69862, "energy": 30.234812, "activity_lines": [ 50.923243, 51.01606, 53.78641, 54.900776 ] }, { "date": "2023-09-29", "close": 48.703407, "volume": 8451759, "typical_volume": 13150868.35, "trend": 55.608992, "fair_value": 62.931385, "relative_strength": -6.45281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.636068, "energy": 27.992524, "activity_lines": [ 50.497974, 50.377512, 53.140063, 54.450986 ] }, { "date": "2023-10-13", "close": 55.031815, "volume": 13933029, "typical_volume": 12984669.3, "trend": 55.845286, "fair_value": 62.858241, "relative_strength": 6.114088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.377123, "energy": 16.895639, "activity_lines": [ 52.02658, 51.094671, 53.118204, 54.413749 ] }, { "date": "2023-10-20", "close": 50.136158, "volume": 10283679, "typical_volume": 12783637.75, "trend": 55.774438, "fair_value": 62.741524, "relative_strength": -0.300258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.676012, "energy": 19.922366, "activity_lines": [ 51.528408, 50.944077, 52.659906, 54.045418 ] }, { "date": "2023-10-27", "close": 52.991535, "volume": 11134050, "typical_volume": 12629264.8, "trend": 55.689927, "fair_value": 62.652888, "relative_strength": 3.706465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.415927, "energy": 16.627356, "activity_lines": [ 52.02118, 51.385639, 52.521984, 53.865876 ] }, { "date": "2023-11-03", "close": 54.854618, "volume": 11862503, "typical_volume": 12664342.1, "trend": 55.511106, "fair_value": 62.582633, "relative_strength": 6.439162, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.483825, "energy": 14.687577, "activity_lines": [ 53.027649, 52.142746, 52.591628, 53.811985 ] }, { "date": "2023-11-10", "close": 57.623924, "volume": 14855942, "typical_volume": 12524373.05, "trend": 55.28993, "fair_value": 62.538359, "relative_strength": 10.899289, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.288721, "energy": 8.786645, "activity_lines": [ 54.787789, 53.317758, 52.935628, 53.948296 ] }, { "date": "2023-11-17", "close": 58.621288, "volume": 11904708, "typical_volume": 12577897.2, "trend": 54.981037, "fair_value": 62.503695, "relative_strength": 11.77176, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.956163, "energy": 24.197955, "activity_lines": [ 56.285681, 54.469482, 53.383463, 54.163222 ] }, { "date": "2023-11-24", "close": 53.791447, "volume": 9047071, "typical_volume": 12497441.55, "trend": 54.847531, "fair_value": 62.427271, "relative_strength": 2.613461, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 12.157512, "energy": 18.898779, "activity_lines": [ 55.934329, 54.570093, 53.358993, 54.086474 ] }, { "date": "2023-12-01", "close": 54.272404, "volume": 7997514, "typical_volume": 11873821.85, "trend": 54.899608, "fair_value": 62.35636, "relative_strength": 3.730631, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.022128, "energy": 18.447778, "activity_lines": [ 55.499609, 54.702368, 53.381703, 54.049369 ] }, { "date": "2023-12-08", "close": 52.434635, "volume": 8001953, "typical_volume": 11345181.05, "trend": 54.942073, "fair_value": 62.270827, "relative_strength": 2.074058, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.626412, "energy": 11.952545, "activity_lines": [ 54.366909, 54.447943, 53.262536, 53.890339 ] }, { "date": "2023-12-15", "close": 51.95874, "volume": 7851082, "typical_volume": 11067659.3, "trend": 54.898113, "fair_value": 62.18269, "relative_strength": 1.802064, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.542402, "energy": 19.584849, "activity_lines": [ 53.236909, 54.104782, 53.160437, 53.697866 ] }, { "date": "2023-12-22", "close": 49.351433, "volume": 8885783, "typical_volume": 11015230.15, "trend": 54.500063, "fair_value": 62.073951, "relative_strength": -2.613277, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.074584, "energy": 29.227275, "activity_lines": [ 51.615486, 53.228378, 52.848236, 53.340015 ] }, { "date": "2023-12-29", "close": 49.604572, "volume": 6213448, "typical_volume": 10509353.25, "trend": 54.143296, "fair_value": 61.969166, "relative_strength": -4.035032, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.927088, "energy": 40.784302, "activity_lines": [ 50.696432, 52.501279, 52.59305, 53.024177 ] }, { "date": "2024-01-05", "close": 44.997494, "volume": 6781925, "typical_volume": 10501533.05, "trend": 53.665919, "fair_value": 61.827735, "relative_strength": -11.54983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.980878, "energy": 65.792321, "activity_lines": [ 48.520811, 50.946194, 51.920745, 52.434126 ] }, { "date": "2024-01-12", "close": 41.575092, "volume": 7575632, "typical_volume": 10432332.15, "trend": 53.148986, "fair_value": 61.660358, "relative_strength": -16.727782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.707666, "energy": 80.046651, "activity_lines": [ 45.822717, 48.914201, 50.954488, 51.654072 ] }, { "date": "2024-01-19", "close": 39.387997, "volume": 5691282, "typical_volume": 10322818.8, "trend": 52.479188, "fair_value": 61.477798, "relative_strength": -19.389364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.259634, "energy": 87.162278, "activity_lines": [ 43.119561, 46.726, 49.820751, 50.766266 ] }, { "date": "2024-01-26", "close": 35.509945, "volume": 9637051, "typical_volume": 10082793.8, "trend": 51.795045, "fair_value": 61.266677, "relative_strength": -28.766707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.949417, "energy": 95.42381, "activity_lines": [ 39.96177, 44.164261, 48.350921, 49.671477 ] }, { "date": "2024-02-02", "close": 35.945343, "volume": 21340638, "typical_volume": 10535258.8, "trend": 51.190556, "fair_value": 61.062473, "relative_strength": -22.513765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.853113, "energy": 92.043681, "activity_lines": [ 37.871878, 42.101891, 46.987313, 48.648915 ] }, { "date": "2024-02-09", "close": 36.056721, "volume": 19011487, "typical_volume": 10894416.3, "trend": 50.351325, "fair_value": 60.862427, "relative_strength": -25.453668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.893473, "energy": 89.121378, "activity_lines": [ 36.729727, 40.384247, 45.704683, 47.672539 ] }, { "date": "2024-02-23", "close": 42.172493, "volume": 17195555, "typical_volume": 10882804.55, "trend": 49.572509, "fair_value": 60.714094, "relative_strength": -16.459727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.557398, "energy": 71.682854, "activity_lines": [ 38.222218, 40.109755, 45.077484, 47.144872 ] }, { "date": "2024-03-01", "close": 42.157303, "volume": 19284732, "typical_volume": 11424453.2, "trend": 48.978313, "fair_value": 60.567977, "relative_strength": -16.874926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.928231, "energy": 51.118145, "activity_lines": [ 39.669819, 40.019086, 44.497127, 46.666472 ] }, { "date": "2024-03-08", "close": 42.572449, "volume": 11737413, "typical_volume": 11314672.4, "trend": 48.521993, "fair_value": 60.427387, "relative_strength": -16.357182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.2918, "energy": 34.891206, "activity_lines": [ 41.071181, 40.182106, 43.98748, 46.25319 ] }, { "date": "2024-03-15", "close": 46.56694, "volume": 13828801, "typical_volume": 11491928.5, "trend": 48.269195, "fair_value": 60.319942, "relative_strength": -8.768863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.962204, "energy": 27.094377, "activity_lines": [ 43.333207, 41.194651, 43.91759, 46.127058 ] }, { "date": "2024-03-22", "close": 49.361561, "volume": 12271003, "typical_volume": 11548776.15, "trend": 48.190722, "fair_value": 60.235647, "relative_strength": -3.234895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.705995, "energy": 21.14647, "activity_lines": [ 45.818667, 42.770539, 44.130851, 46.197533 ] }, { "date": "2024-03-29", "close": 45.918907, "volume": 10758488, "typical_volume": 11493575.4, "trend": 48.04981, "fair_value": 60.126359, "relative_strength": -9.678817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.624975, "energy": 23.677467, "activity_lines": [ 46.269587, 43.641143, 44.033526, 46.050964 ] }, { "date": "2024-04-05", "close": 48.095882, "volume": 6741354, "typical_volume": 11087846.0, "trend": 48.107356, "fair_value": 60.035219, "relative_strength": -6.119778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.046006, "energy": 19.219702, "activity_lines": [ 47.196403, 44.828582, 44.186083, 46.053937 ] }, { "date": "2024-04-12", "close": 46.020168, "volume": 12329601, "typical_volume": 11109090.65, "trend": 48.004414, "fair_value": 59.929842, "relative_strength": -8.355771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.569664, "energy": 17.548695, "activity_lines": [ 47.03541, 45.480294, 44.186325, 45.919279 ] }, { "date": "2024-04-19", "close": 45.453136, "volume": 12911694, "typical_volume": 11302321.8, "trend": 47.828737, "fair_value": 59.821807, "relative_strength": -10.372473, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.777617, "energy": 11.277518, "activity_lines": [ 46.455558, 45.837814, 44.192568, 45.754681 ] }, { "date": "2024-04-26", "close": 50.581676, "volume": 14053659, "typical_volume": 11605129.05, "trend": 47.802074, "fair_value": 59.753362, "relative_strength": -0.556746, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.301716, "energy": 14.192886, "activity_lines": [ 47.659473, 46.954926, 44.726951, 45.93229 ] }, { "date": "2024-05-03", "close": 55.016628, "volume": 7371416, "typical_volume": 11573602.2, "trend": 47.89219, "fair_value": 59.718533, "relative_strength": 7.571703, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.3436, "energy": 37.880932, "activity_lines": [ 50.260365, 48.614304, 45.701284, 46.397745 ] }, { "date": "2024-05-10", "close": 57.208782, "volume": 15284548, "typical_volume": 11945275.5, "trend": 48.175703, "fair_value": 59.700213, "relative_strength": 9.80326, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.499188, "energy": 54.336765, "activity_lines": [ 52.985459, 50.438725, 46.8721, 46.998815 ] }, { "date": "2024-05-17", "close": 59.173122, "volume": 11658228, "typical_volume": 12083897.75, "trend": 48.313746, "fair_value": 59.696394, "relative_strength": 13.141952, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.972619, "energy": 68.225077, "activity_lines": [ 55.757807, 52.346636, 48.204994, 47.708326 ] }, { "date": "2024-05-24", "close": 55.948166, "volume": 10356265, "typical_volume": 12291038.6, "trend": 48.50748, "fair_value": 59.669428, "relative_strength": 9.000601, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.29976, "energy": 64.397713, "activity_lines": [ 56.578306, 53.366361, 49.183981, 48.200869 ] }, { "date": "2024-05-31", "close": 57.502422, "volume": 9837679, "typical_volume": 12443826.3, "trend": 48.657843, "fair_value": 59.65395, "relative_strength": 12.108334, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.360374, "energy": 72.19012, "activity_lines": [ 57.217222, 54.49811, 50.280784, 48.781188 ] }, { "date": "2024-06-07", "close": 57.48217, "volume": 12609544, "typical_volume": 12695521.9, "trend": 48.745428, "fair_value": 59.638547, "relative_strength": 13.365308, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.075802, "energy": 61.195149, "activity_lines": [ 57.388004, 55.478161, 51.316111, 49.3505 ] }, { "date": "2024-06-14", "close": 64.626686, "volume": 9532140, "typical_volume": 12887564.8, "trend": 48.978853, "fair_value": 59.673675, "relative_strength": 27.803556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.748839, "energy": 64.014308, "activity_lines": [ 59.775922, 57.546974, 52.95612, 50.375097 ] }, { "date": "2024-06-21", "close": 70.091393, "volume": 21508149, "typical_volume": 13481119.7, "trend": 49.36119, "fair_value": 59.746526, "relative_strength": 39.287373, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.021941, "energy": 81.363974, "activity_lines": [ 63.490882, 60.30881, 54.996393, 51.737196 ] }, { "date": "2024-06-28", "close": 68.872292, "volume": 12691110, "typical_volume": 13048643.3, "trend": 49.863885, "fair_value": 59.809899, "relative_strength": 37.488698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.566517, "energy": 83.755268, "activity_lines": [ 66.07159, 62.411332, 56.755888, 52.995977 ] }, { "date": "2024-07-05", "close": 63.861202, "volume": 12862700, "typical_volume": 12741203.95, "trend": 50.183512, "fair_value": 59.837839, "relative_strength": 27.640154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.055578, "energy": 77.414665, "activity_lines": [ 66.120327, 63.176944, 57.881341, 53.89903 ] }, { "date": "2024-07-12", "close": 65.633156, "volume": 12026672, "typical_volume": 12482759.8, "trend": 50.623462, "fair_value": 59.877533, "relative_strength": 29.475276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.883329, "energy": 67.874689, "activity_lines": [ 66.335796, 64.023284, 59.043149, 54.895781 ] }, { "date": "2024-07-19", "close": 61.621452, "volume": 14536176, "typical_volume": 12245332.0, "trend": 50.945553, "fair_value": 59.889397, "relative_strength": 20.907075, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.464373, "energy": 45.843203, "activity_lines": [ 64.670631, 63.947196, 59.711173, 55.605329 ] }, { "date": "2024-07-26", "close": 52.052906, "volume": 16724441, "typical_volume": 12494683.4, "trend": 51.035602, "fair_value": 59.836447, "relative_strength": 5.627976, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.772014, "energy": 17.736447, "activity_lines": [ 60.0163, 62.051141, 59.37522, 55.676771 ] }, { "date": "2024-08-02", "close": 50.975563, "volume": 15798617, "typical_volume": 12593174.2, "trend": 51.081302, "fair_value": 59.776978, "relative_strength": 3.089296, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.512701, "energy": 19.135488, "activity_lines": [ 56.205421, 60.088665, 58.891518, 55.672897 ] }, { "date": "2024-08-09", "close": 49.118553, "volume": 12926845, "typical_volume": 12625966.3, "trend": 51.21867, "fair_value": 59.705922, "relative_strength": 0.832646, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.609903, "energy": 28.957588, "activity_lines": [ 52.968653, 57.878961, 58.209965, 55.546269 ] }, { "date": "2024-08-16", "close": 48.785423, "volume": 6447885, "typical_volume": 12410436.15, "trend": 51.459015, "fair_value": 59.633601, "relative_strength": -0.503971, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.751719, "energy": 41.597384, "activity_lines": [ 50.603685, 55.761122, 57.497842, 55.389285 ] }, { "date": "2024-08-23", "close": 46.269249, "volume": 6833432, "typical_volume": 12415040.05, "trend": 51.68839, "fair_value": 59.545678, "relative_strength": -4.806463, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.515463, "energy": 59.691694, "activity_lines": [ 48.523175, 53.343919, 56.532433, 55.054461 ] }, { "date": "2024-08-30", "close": 48.374329, "volume": 10132030, "typical_volume": 12305161.5, "trend": 52.117202, "fair_value": 59.472662, "relative_strength": -0.163659, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.634595, "energy": 58.100953, "activity_lines": [ 48.167839, 51.64323, 55.776207, 54.840651 ] }, { "date": "2024-09-06", "close": 43.47665, "volume": 9769620, "typical_volume": 12148057.8, "trend": 52.368246, "fair_value": 59.368792, "relative_strength": -7.853741, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.994731, "energy": 62.672222, "activity_lines": [ 46.425181, 49.44691, 54.542324, 54.283196 ] }, { "date": "2024-09-13", "close": 42.71117, "volume": 6193201, "typical_volume": 11755034.9, "trend": 52.590061, "fair_value": 59.261324, "relative_strength": -7.422762, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.197703, "energy": 67.444878, "activity_lines": [ 44.927291, 47.57315, 53.244951, 53.660159 ] }, { "date": "2024-09-20", "close": 40.641525, "volume": 5703434, "typical_volume": 11671635.8, "trend": 52.539029, "fair_value": 59.141966, "relative_strength": -12.822064, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.770105, "energy": 72.836574, "activity_lines": [ 43.166677, 45.707637, 51.787947, 52.889285 ] }, { "date": "2024-09-27", "close": 49.402058, "volume": 17353761, "typical_volume": 11775096.45, "trend": 52.780521, "fair_value": 58.693565, "relative_strength": -6.016589, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.723293, "energy": 59.405462, "activity_lines": [ 44.869169, 45.889342, 51.233733, 52.6869 ] }, { "date": "2024-10-04", "close": 58.112988, "volume": 8036211, "typical_volume": 11593995.6, "trend": 53.298538, "fair_value": 58.359865, "relative_strength": 2.222886, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.435627, "energy": 20.253037, "activity_lines": [ 49.266449, 47.877023, 51.546305, 53.03093 ] }, { "date": "2024-10-11", "close": 54.186337, "volume": 37148865, "typical_volume": 12933625.6, "trend": 53.552518, "fair_value": 58.093715, "relative_strength": -1.298038, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.060999, "energy": 21.645891, "activity_lines": [ 51.705602, 49.040584, 51.48996, 53.088208 ] }, { "date": "2024-10-18", "close": 60.9552, "volume": 25429195, "typical_volume": 13713201.4, "trend": 53.938973, "fair_value": 57.937404, "relative_strength": 9.432622, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 20.079372, "energy": 30.690842, "activity_lines": [ 55.687064, 51.37647, 52.086657, 53.5658 ] }, { "date": "2024-10-25", "close": 63.847031, "volume": 33738420, "typical_volume": 14769645.2, "trend": 54.536577, "fair_value": 57.832392, "relative_strength": 12.976085, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.793965, "energy": 43.655013, "activity_lines": [ 59.4162, 54.022931, 52.942325, 54.20503 ] }, { "date": "2024-11-01", "close": 56.6838, "volume": 28558290, "typical_volume": 15720952.7, "trend": 54.822841, "fair_value": 57.706651, "relative_strength": 1.176381, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.735789, "energy": 36.149298, "activity_lines": [ 59.210559, 55.09314, 53.085472, 54.34356 ] }, { "date": "2024-11-08", "close": 61.435863, "volume": 27289440, "typical_volume": 16010017.25, "trend": 55.336698, "fair_value": 57.599055, "relative_strength": 3.967392, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.929273, "energy": 49.857505, "activity_lines": [ 60.10349, 56.838004, 53.71902, 54.770207 ] }, { "date": "2024-11-15", "close": 58.992348, "volume": 33894174, "typical_volume": 17070170.45, "trend": 55.788005, "fair_value": 57.410536, "relative_strength": 3.621654, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.061193, "energy": 34.423737, "activity_lines": [ 59.96039, 57.901111, 54.161068, 55.006055 ] }, { "date": "2024-11-22", "close": 56.186573, "volume": 19572611, "typical_volume": 17405666.0, "trend": 55.974835, "fair_value": 57.263666, "relative_strength": 0.838818, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.870736, "energy": 16.118857, "activity_lines": [ 58.561632, 58.171973, 54.382948, 55.031769 ] }, { "date": "2024-11-29", "close": 63.098019, "volume": 34879643, "typical_volume": 18548314.55, "trend": 56.244214, "fair_value": 57.094496, "relative_strength": 11.065087, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.07058, "energy": 21.955834, "activity_lines": [ 59.784597, 59.454454, 55.299606, 55.491329 ] }, { "date": "2024-12-06", "close": 63.921993, "volume": 32319480, "typical_volume": 19437479.75, "trend": 56.467988, "fair_value": 56.898481, "relative_strength": 9.841511, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.554486, "energy": 25.583843, "activity_lines": [ 61.332155, 60.478449, 56.30681, 55.98667 ] }, { "date": "2024-12-13", "close": 87.710716, "volume": 58703424, "typical_volume": 21536428.9, "trend": 57.419241, "fair_value": 56.812429, "relative_strength": 49.878534, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.676285, "energy": 72.931666, "activity_lines": [ 70.32674, 65.563667, 59.568651, 58.00233 ] }, { "date": "2024-12-20", "close": 88.151131, "volume": 62453663, "typical_volume": 23869181.2, "trend": 58.492673, "fair_value": 56.702189, "relative_strength": 50.269733, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.847989, "energy": 83.088568, "activity_lines": [ 77.716474, 70.19082, 62.702638, 59.985032 ] }, { "date": "2024-12-27", "close": 77.119804, "volume": 49429873, "typical_volume": 25694332.6, "trend": 59.146586, "fair_value": 56.527416, "relative_strength": 29.403198, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.195869, "energy": 77.624686, "activity_lines": [ 79.48518, 72.194736, 64.608996, 61.186783 ] }, { "date": "2025-01-03", "close": 69.73954, "volume": 28302418, "typical_volume": 26787059.25, "trend": 59.555165, "fair_value": 56.317696, "relative_strength": 23.214265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.153652, "energy": 72.78717, "activity_lines": [ 77.398249, 72.562884, 65.679132, 61.870199 ] }, { "date": "2025-01-10", "close": 74.349541, "volume": 45332655, "typical_volume": 28712020.4, "trend": 59.87926, "fair_value": 56.183887, "relative_strength": 31.97104, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.939769, "energy": 46.796532, "activity_lines": [ 76.405217, 73.662077, 67.088534, 62.824675 ] }, { "date": "2025-01-17", "close": 78.995056, "volume": 39306788, "typical_volume": 30170758.3, "trend": 60.176049, "fair_value": 56.124348, "relative_strength": 35.588663, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.122928, "energy": 39.824823, "activity_lines": [ 76.26552, 75.284714, 68.806651, 64.057952 ] }, { "date": "2025-01-24", "close": 87.455002, "volume": 44448087, "typical_volume": 31904681.65, "trend": 60.795473, "fair_value": 56.145094, "relative_strength": 47.561184, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.629066, "energy": 46.06306, "activity_lines": [ 79.526849, 78.126265, 71.184664, 65.817885 ] }, { "date": "2025-01-31", "close": 76.920906, "volume": 11218265, "typical_volume": 32155934.85, "trend": 61.230796, "fair_value": 56.090185, "relative_strength": 28.315837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.018432, "energy": 40.160399, "activity_lines": [ 79.323222, 78.535023, 72.350009, 66.858235 ] }, { "date": "2025-02-07", "close": 82.312263, "volume": 26253867, "typical_volume": 33183456.5, "trend": 61.786766, "fair_value": 56.098594, "relative_strength": 33.468609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.722594, "energy": 43.337489, "activity_lines": [ 80.929973, 79.547039, 73.865913, 68.21833 ] }, { "date": "2025-02-14", "close": 75.052757, "volume": 37976195, "typical_volume": 34214578.2, "trend": 62.234476, "fair_value": 56.041739, "relative_strength": 18.925616, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.233083, "energy": 36.927883, "activity_lines": [ 79.278708, 78.889796, 74.492003, 69.0742 ] }, { "date": "2025-02-21", "close": 81.722694, "volume": 40299496, "typical_volume": 35827742.45, "trend": 63.223469, "fair_value": 56.063214, "relative_strength": 26.939347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.521197, "energy": 32.892287, "activity_lines": [ 79.803873, 79.242891, 75.631179, 70.331505 ] }, { "date": "2025-02-28", "close": 84.436134, "volume": 63771646, "typical_volume": 37158881.5, "trend": 64.338822, "fair_value": 56.139294, "relative_strength": 31.922121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.823228, "energy": 35.38536, "activity_lines": [ 81.051677, 80.198212, 76.916351, 71.700064 ] }, { "date": "2025-03-07", "close": 84.450333, "volume": 41676175, "typical_volume": 37971230.5, "trend": 65.516548, "fair_value": 56.23934, "relative_strength": 28.504984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.799844, "energy": 33.995664, "activity_lines": [ 82.505471, 81.22366, 78.058829, 72.997581 ] }, { "date": "2025-03-14", "close": 77.176628, "volume": 30484479, "typical_volume": 37808533.45, "trend": 66.462921, "fair_value": 56.290535, "relative_strength": 14.990979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.45885, "energy": 32.352789, "activity_lines": [ 81.032735, 80.793334, 78.396691, 73.749844 ] }, { "date": "2025-03-21", "close": 78.497826, "volume": 36774948, "typical_volume": 38219366.35, "trend": 67.537207, "fair_value": 56.313776, "relative_strength": 18.036823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.221941, "energy": 25.637939, "activity_lines": [ 80.342774, 80.468005, 78.796907, 74.526289 ] }, { "date": "2025-03-28", "close": 77.261856, "volume": 28339562, "typical_volume": 38271872.45, "trend": 68.500125, "fair_value": 56.332308, "relative_strength": 15.751168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.290049, "energy": 19.204974, "activity_lines": [ 79.011151, 79.842532, 78.975536, 75.153686 ] }, { "date": "2025-04-04", "close": 73.035439, "volume": 19423870, "typical_volume": 37548357.25, "trend": 69.485418, "fair_value": 56.331474, "relative_strength": 9.072502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.207295, "energy": 11.507028, "activity_lines": [ 76.568112, 78.480132, 78.676287, 75.446287 ] }, { "date": "2025-04-11", "close": 71.131775, "volume": 30708078, "typical_volume": 38105130.6, "trend": 70.432771, "fair_value": 56.355093, "relative_strength": 8.930918, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.650843, "energy": 11.56471, "activity_lines": [ 74.250565, 77.033785, 78.128864, 75.552503 ] }, { "date": "2025-04-18", "close": 69.107353, "volume": 15908975, "typical_volume": 37156597.2, "trend": 71.381632, "fair_value": 56.334503, "relative_strength": 3.96632, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.704641, "energy": 16.730775, "activity_lines": [ 72.146115, 75.324618, 77.317472, 75.466993 ] }, { "date": "2025-04-25", "close": 70.350418, "volume": 13587794, "typical_volume": 36220012.9, "trend": 72.079911, "fair_value": 56.301622, "relative_strength": 4.753747, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.604592, "energy": 31.67149, "activity_lines": [ 70.993971, 74.081552, 76.595851, 75.400463 ] }, { "date": "2025-05-02", "close": 65.05851, "volume": 19657988, "typical_volume": 34267741.1, "trend": 72.311428, "fair_value": 56.217511, "relative_strength": -2.846932, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.344585, "energy": 46.165074, "activity_lines": [ 68.621018, 71.961818, 75.339627, 74.947469 ] }, { "date": "2025-05-09", "close": 61.812336, "volume": 17010176, "typical_volume": 31995566.75, "trend": 72.565628, "fair_value": 56.213966, "relative_strength": -9.464386, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.989496, "energy": 57.047985, "activity_lines": [ 65.979564, 69.554856, 73.882112, 74.270108 ] }, { "date": "2025-05-16", "close": 60.967045, "volume": 14356950, "typical_volume": 30241920.6, "trend": 72.566023, "fair_value": 56.257079, "relative_strength": -11.322897, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.986538, "energy": 60.998841, "activity_lines": [ 63.804553, 67.405547, 72.469515, 73.521813 ] }, { "date": "2025-05-23", "close": 57.166821, "volume": 13417583, "typical_volume": 29497678.85, "trend": 72.343349, "fair_value": 56.318175, "relative_strength": -16.294318, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.176612, "energy": 68.918967, "activity_lines": [ 61.040449, 64.992256, 70.771911, 72.528316 ] }, { "date": "2025-05-30", "close": 56.64381, "volume": 9927940, "typical_volume": 27727443.1, "trend": 72.342016, "fair_value": 56.374218, "relative_strength": -16.904455, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.768807, "energy": 82.401607, "activity_lines": [ 58.898043, 62.847688, 69.084365, 71.515442 ] }, { "date": "2025-06-06", "close": 60.572685, "volume": 10988028, "typical_volume": 26311505.1, "trend": 72.313244, "fair_value": 56.419022, "relative_strength": -12.056317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.212739, "energy": 76.272928, "activity_lines": [ 58.979037, 61.814806, 67.855312, 70.75613 ] }, { "date": "2025-06-13", "close": 57.683514, "volume": 10758375, "typical_volume": 24627019.5, "trend": 72.269616, "fair_value": 56.441551, "relative_strength": -15.706692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.865557, "energy": 76.095345, "activity_lines": [ 58.396028, 60.560059, 66.438825, 69.812277 ] }, { "date": "2025-06-20", "close": 61.372459, "volume": 18682347, "typical_volume": 25000223.6, "trend": 72.442479, "fair_value": 56.524819, "relative_strength": -9.420099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.040269, "energy": 59.858756, "activity_lines": [ 59.317923, 60.255156, 65.515435, 69.109235 ] }, { "date": "2025-06-27", "close": 63.061977, "volume": 14627496, "typical_volume": 24418905.05, "trend": 72.441277, "fair_value": 56.561763, "relative_strength": -8.255774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.82373, "energy": 38.53431, "activity_lines": [ 60.775963, 60.43488, 64.826991, 68.504041 ] }, { "date": "2025-07-04", "close": 62.112247, "volume": 13353432, "typical_volume": 23187766.9, "trend": 72.380953, "fair_value": 56.603254, "relative_strength": -10.566804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.514384, "energy": 34.201073, "activity_lines": [ 61.524416, 60.551842, 64.139765, 67.837652 ] }, { "date": "2025-07-11", "close": 62.332184, "volume": 9699051, "typical_volume": 21657744.65, "trend": 71.535001, "fair_value": 56.657137, "relative_strength": -10.846802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.683157, "energy": 28.658108, "activity_lines": [ 61.981618, 60.858577, 63.535107, 67.189344 ] }, { "date": "2025-07-18", "close": 62.752064, "volume": 10553626, "typical_volume": 18996843.65, "trend": 70.688366, "fair_value": 56.706014, "relative_strength": -10.612492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.660035, "energy": 25.290255, "activity_lines": [ 62.461481, 61.291223, 63.062774, 66.622703 ] }, { "date": "2025-07-25", "close": 65.65123, "volume": 15869807, "typical_volume": 17706525.25, "trend": 70.30608, "fair_value": 56.780564, "relative_strength": -8.045991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.071687, "energy": 20.525155, "activity_lines": [ 63.569829, 62.233905, 62.969808, 66.297727 ] }, { "date": "2025-08-01", "close": 67.670662, "volume": 34485118, "typical_volume": 17906557.2, "trend": 70.237118, "fair_value": 56.890308, "relative_strength": -4.45549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.917282, "energy": 14.686737, "activity_lines": [ 65.066069, 63.458589, 63.15869, 66.1277 ] }, { "date": "2025-08-08", "close": 68.230499, "volume": 20747498, "typical_volume": 17105184.7, "trend": 70.033149, "fair_value": 57.02778, "relative_strength": -5.803767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.18074, "energy": 18.632604, "activity_lines": [ 66.441676, 64.594083, 63.446155, 65.99824 ] }, { "date": "2025-08-15", "close": 68.060547, "volume": 19529199, "typical_volume": 16664666.55, "trend": 69.668666, "fair_value": 57.164685, "relative_strength": -7.735913, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.187615, "energy": 22.791929, "activity_lines": [ 67.352749, 65.488009, 63.766327, 65.870976 ] }, { "date": "2025-08-22", "close": 79.307335, "volume": 38380271, "typical_volume": 17612486.6, "trend": 69.397077, "fair_value": 57.343803, "relative_strength": 3.435091, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.772584, "energy": 64.032062, "activity_lines": [ 71.630861, 68.290663, 65.201437, 66.492825 ] }, { "date": "2025-08-29", "close": 75.988281, "volume": 33490284, "typical_volume": 17751596.9, "trend": 69.365989, "fair_value": 57.452626, "relative_strength": -1.971866, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.882164, "energy": 65.103094, "activity_lines": [ 73.698936, 70.096693, 66.290581, 66.918064 ] }, { "date": "2025-09-05", "close": 76.138245, "volume": 27745567, "typical_volume": 18343426.5, "trend": 69.160189, "fair_value": 57.546621, "relative_strength": -1.011204, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.917474, "energy": 67.066655, "activity_lines": [ 75.127863, 71.664246, 67.37088, 67.354984 ] }, { "date": "2025-09-12", "close": 86.66523, "volume": 33194369, "typical_volume": 19323755.25, "trend": 69.547271, "fair_value": 57.739217, "relative_strength": 10.290871, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.6123, "energy": 78.927165, "activity_lines": [ 79.501279, 74.908046, 69.420269, 68.484341 ] }, { "date": "2025-09-19", "close": 105.469856, "volume": 94907689, "typical_volume": 23086240.3, "trend": 70.338843, "fair_value": 58.093873, "relative_strength": 34.372376, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 96.633459, "energy": 96.152183, "activity_lines": [ 88.913922, 81.124451, 73.182886, 70.801928 ] }, { "date": "2025-09-26", "close": 98.97171, "volume": 67701108, "typical_volume": 25620786.9, "trend": 70.823363, "fair_value": 58.406439, "relative_strength": 24.679605, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.702675, "energy": 91.952432, "activity_lines": [ 93.666562, 85.375054, 76.134196, 72.649209 ] }, { "date": "2025-10-03", "close": 112.247917, "volume": 26025001, "typical_volume": 26204189.45, "trend": 71.749949, "fair_value": 58.781274, "relative_strength": 37.94315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.652003, "energy": 95.746281, "activity_lines": [ 101.533647, 91.380973, 80.172958, 75.321761 ] }, { "date": "2025-10-10", "close": 108.968857, "volume": 28550067, "typical_volume": 26960813.65, "trend": 72.80969, "fair_value": 59.164492, "relative_strength": 32.075809, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.151834, "energy": 89.785633, "activity_lines": [ 105.890402, 95.943488, 83.655233, 77.722981 ] }, { "date": "2025-10-17", "close": 112.567825, "volume": 55058818, "typical_volume": 29217357.55, "trend": 73.945356, "fair_value": 59.590811, "relative_strength": 37.149074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.095303, "energy": 73.148458, "activity_lines": [ 109.258105, 100.409484, 87.233591, 80.288022 ] }, { "date": "2025-10-24", "close": 142.829178, "volume": 55569975, "typical_volume": 31446454.9, "trend": 76.130934, "fair_value": 60.244817, "relative_strength": 66.628764, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.149663, "energy": 80.182828, "activity_lines": [ 120.986087, 109.57141, 93.427678, 84.73214 ] }, { "date": "2025-10-31", "close": 128.043411, "volume": 82029975, "typical_volume": 35010034.9, "trend": 77.964533, "fair_value": 60.796202, "relative_strength": 47.245724, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.462968, "energy": 67.748872, "activity_lines": [ 125.294858, 114.685586, 97.821899, 88.081332 ] }, { "date": "2025-11-07", "close": 152.556396, "volume": 71840019, "typical_volume": 37667918.5, "trend": 80.678687, "fair_value": 61.494462, "relative_strength": 70.520632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.688113, "energy": 73.586204, "activity_lines": [ 135.836511, 123.370558, 104.215643, 92.89371 ] }, { "date": "2025-11-14", "close": 149.957138, "volume": 70084457, "typical_volume": 40440766.55, "trend": 83.37368, "fair_value": 62.192614, "relative_strength": 65.093619, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.964272, "energy": 69.776735, "activity_lines": [ 142.824513, 130.19079, 109.927629, 97.363287 ] }, { "date": "2025-11-21", "close": 121.93515, "volume": 61810469, "typical_volume": 42863618.4, "trend": 85.093171, "fair_value": 62.671322, "relative_strength": 37.988076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.499985, "energy": 55.935698, "activity_lines": [ 137.739299, 130.573953, 112.557068, 99.851124 ] }, { "date": "2025-11-28", "close": 124.454422, "volume": 7533484, "typical_volume": 42755340.05, "trend": 87.073034, "fair_value": 63.188135, "relative_strength": 37.399031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.021792, "energy": 48.989403, "activity_lines": [ 132.869355, 130.773895, 115.141567, 102.39056 ] }, { "date": "2025-12-05", "close": 124.454422, "volume": 0, "typical_volume": 42227658.75, "trend": 89.161104, "fair_value": 63.650932, "relative_strength": 35.432801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.360661, "energy": 35.166939, "activity_lines": [ 129.224395, 130.628662, 117.430245, 104.802262 ] }, { "date": "2025-12-12", "close": 127.043686, "volume": 36116433, "typical_volume": 43239990.05, "trend": 91.363659, "fair_value": 64.156027, "relative_strength": 37.96215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.118376, "energy": 24.462345, "activity_lines": [ 126.681788, 130.490883, 119.6717, 107.2463 ] }, { "date": "2025-12-19", "close": 123.964569, "volume": 31045843, "typical_volume": 43068026.3, "trend": 93.59025, "fair_value": 64.642365, "relative_strength": 33.961025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.739373, "energy": 23.159757, "activity_lines": [ 124.813657, 129.524251, 121.32756, 109.349584 ] }, { "date": "2025-12-26", "close": 132.252197, "volume": 38955828, "typical_volume": 43978442.8, "trend": 96.11053, "fair_value": 65.185575, "relative_strength": 39.075101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.241154, "energy": 25.93581, "activity_lines": [ 127.440906, 129.79181, 123.504652, 111.843904 ] }, { "date": "2026-01-02", "close": 127.173653, "volume": 23104390, "typical_volume": 44157202.35, "trend": 98.330562, "fair_value": 65.651056, "relative_strength": 32.464131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.612165, "energy": 24.208052, "activity_lines": [ 127.687504, 128.7781, 124.893207, 113.847976 ] }, { "date": "2026-01-09", "close": 177.719208, "volume": 87701158, "typical_volume": 46623246.7, "trend": 102.331752, "fair_value": 66.482716, "relative_strength": 75.557586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.266927, "energy": 49.557498, "activity_lines": [ 144.601338, 137.239137, 130.814134, 118.969824 ] }, { "date": "2026-01-16", "close": 189.825745, "volume": 58895573, "typical_volume": 47893511.15, "trend": 106.613528, "fair_value": 67.368589, "relative_strength": 85.187209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.138032, "energy": 77.045083, "activity_lines": [ 161.999699, 146.998167, 137.419437, 124.614598 ] }, { "date": "2026-01-23", "close": 225.275604, "volume": 55760207, "typical_volume": 49294243.15, "trend": 112.020649, "fair_value": 68.455458, "relative_strength": 113.421644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.642081, "energy": 91.516456, "activity_lines": [ 187.029208, 162.525, 146.858833, 132.270216 ] }, { "date": "2026-01-30", "close": 305.912567, "volume": 50379496, "typical_volume": 50153499.5, "trend": 120.147326, "fair_value": 70.036035, "relative_strength": 180.400696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.660177, "energy": 98.24124, "activity_lines": [ 232.183637, 191.343673, 163.267763, 144.779372 ] }, { "date": "2026-02-06", "close": 275.421265, "volume": 36512599, "typical_volume": 47233745.0, "trend": 127.250296, "fair_value": 71.375981, "relative_strength": 147.994112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.467342, "energy": 93.068175, "activity_lines": [ 255.59694, 211.273429, 175.728724, 154.797045 ] }, { "date": "2026-02-13", "close": 272.122223, "volume": 35627279, "typical_volume": 45630053.55, "trend": 134.229301, "fair_value": 72.732765, "relative_strength": 136.663574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.545709, "energy": 89.943038, "activity_lines": [ 268.027389, 227.858508, 187.066198, 164.143621 ] }, { "date": "2026-02-27", "close": 259.425842, "volume": 23306773, "typical_volume": 45494142.15, "trend": 140.688455, "fair_value": 74.018443, "relative_strength": 115.62803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.264322, "energy": 87.428267, "activity_lines": [ 269.932176, 239.450284, 196.369966, 172.220817 ] }, { "date": "2026-03-06", "close": 253.227631, "volume": 32351586, "typical_volume": 45684218.1, "trend": 146.873687, "fair_value": 75.304857, "relative_strength": 107.483936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.577274, "energy": 64.901429, "activity_lines": [ 265.130886, 247.508165, 204.382582, 179.481409 ] }, { "date": "2026-03-13", "close": 243.930283, "volume": 28694574, "typical_volume": 44366005.9, "trend": 152.730346, "fair_value": 76.527208, "relative_strength": 96.852914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.397044, "energy": 54.068855, "activity_lines": [ 255.367012, 251.525381, 210.822789, 185.743125 ] }, { "date": "2026-03-20", "close": 279.929993, "volume": 40765649, "typical_volume": 43625789.6, "trend": 159.792661, "fair_value": 77.996706, "relative_strength": 126.859718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.851778, "energy": 52.74021, "activity_lines": [ 261.735193, 260.057488, 220.066005, 193.949554 ] }, { "date": "2026-03-27", "close": 240.101364, "volume": 33827675, "typical_volume": 41215674.6, "trend": 165.152462, "fair_value": 79.22849, "relative_strength": 92.229015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.010669, "energy": 36.786224, "activity_lines": [ 254.526583, 258.570639, 224.863156, 199.130761 ] }, { "date": "2026-04-03", "close": 218.717484, "volume": 26536238, "typical_volume": 38950485.55, "trend": 169.910102, "fair_value": 80.295515, "relative_strength": 73.150392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.425996, "energy": 27.862342, "activity_lines": [ 242.324737, 252.06159, 227.090139, 202.586568 ] }, { "date": "2026-04-10", "close": 254.177353, "volume": 23377553, "typical_volume": 36615140.35, "trend": 175.844739, "fair_value": 81.568916, "relative_strength": 91.13344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.168641, "energy": 27.590456, "activity_lines": [ 244.656737, 251.474486, 232.379199, 208.023165 ] }, { "date": "2026-04-17", "close": 264.424408, "volume": 27226328, "typical_volume": 34885933.3, "trend": 181.770045, "fair_value": 82.877923, "relative_strength": 90.874643, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.368859, "energy": 27.010408, "activity_lines": [ 250.341108, 252.224997, 238.147882, 213.737983 ] }, { "date": "2026-04-24", "close": 261.505249, "volume": 25888625, "typical_volume": 35803690.35, "trend": 186.971225, "fair_value": 84.142321, "relative_strength": 83.023255, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.803168, "energy": 31.400143, "activity_lines": [ 253.686151, 253.199081, 242.96003, 218.882189 ] }, { "date": "2026-05-01", "close": 271.012543, "volume": 31729350, "typical_volume": 37390157.85, "trend": 192.705919, "fair_value": 85.444401, "relative_strength": 83.694938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.747708, "energy": 38.913775, "activity_lines": [ 261.428608, 256.154783, 248.025012, 224.30421 ] }, { "date": "2026-05-08", "close": 317.409271, "volume": 23268207, "typical_volume": 36747746.55, "trend": 199.544631, "fair_value": 87.108584, "relative_strength": 105.475535, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.825166, "energy": 67.275053, "activity_lines": [ 282.575896, 267.566429, 256.810833, 232.349587 ] }, { "date": "2026-05-15", "close": 404.38443, "volume": 52768615, "typical_volume": 37833885.15, "trend": 209.391817, "fair_value": 89.362907, "relative_strength": 154.115244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.809749, "energy": 87.932128, "activity_lines": [ 326.135451, 293.737497, 272.973501, 245.565058 ] }, { "date": "2026-05-22", "close": 407.203613, "volume": 36409994, "typical_volume": 37706593.45, "trend": 219.21301, "fair_value": 91.645233, "relative_strength": 147.288128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.378358, "energy": 93.279072, "activity_lines": [ 360.620929, 317.672838, 288.069329, 258.32711 ] }, { "date": "2026-05-29", "close": 386.100006, "volume": 37177583, "typical_volume": 38410253.1, "trend": 227.322038, "fair_value": 93.778711, "relative_strength": 128.485843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.484983, "energy": 88.670359, "activity_lines": [ 378.553257, 334.802553, 299.845998, 269.094013 ] }, { "date": "2026-06-05", "close": 396.0, "volume": 6340989, "typical_volume": 34342244.65, "trend": 236.253924, "fair_value": 95.924269, "relative_strength": 128.122679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.199394, "energy": 88.310726, "activity_lines": [ 391.479266, 351.801904, 311.33254, 279.976462 ] }, { "date": "2026-06-12", "close": 390.589996, "volume": 10635304, "typical_volume": 31929231.2, "trend": 244.188377, "fair_value": 98.041464, "relative_strength": 117.141932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.915861, "energy": 79.338786, "activity_lines": [ 394.269444, 364.983097, 321.264412, 289.933628 ] }, { "date": "2026-06-19", "close": 590.0, "volume": 39817040, "typical_volume": 31132072.85, "trend": 258.856473, "fair_value": 101.443266, "relative_strength": 206.475589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.526006, "energy": 85.660692, "activity_lines": [ 458.650907, 411.295699, 349.231692, 312.244055 ] }, { "date": "2026-06-26", "close": 727.01001, "volume": 8867158, "typical_volume": 29056455.95, "trend": 279.025635, "fair_value": 105.73767, "relative_strength": 259.723599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.957374, "energy": 96.772772, "activity_lines": [ 556.328003, 476.413346, 388.510762, 342.447509 ] }, { "date": "2026-07-03", "close": 815.880005, "volume": 10066911, "typical_volume": 27734171.55, "trend": 302.073154, "fair_value": 110.586375, "relative_strength": 275.666137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.981258, "energy": 98.18197, "activity_lines": [ 662.308004, 549.278527, 434.248415, 377.083275 ] }, { "date": "2026-07-10", "close": 703.0, "volume": 46781671, "typical_volume": 28291891.15, "trend": 321.358007, "fair_value": 114.733592, "relative_strength": 209.996724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.768882, "energy": 88.61308, "activity_lines": [ 702.009336, 591.540529, 466.661978, 402.949523 ] }, { "date": "2026-07-17", "close": 428.0, "volume": 53410763, "typical_volume": 29797090.65, "trend": 331.389884, "fair_value": 117.130515, "relative_strength": 94.055151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.696063, "energy": 63.551558, "activity_lines": [ 629.577336, 575.948214, 470.833267, 409.829652 ] }, { "date": "2026-07-24", "close": 389.640015, "volume": 64745839, "typical_volume": 31416803.3, "trend": 340.245732, "fair_value": 119.235684, "relative_strength": 69.645569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.619088, "energy": 38.325026, "activity_lines": [ 541.864673, 551.370616, 470.548489, 413.587725 ] }, { "date": "2026-07-31", "close": 354.899994, "volume": 102169172, "typical_volume": 35090533.2, "trend": 347.667325, "fair_value": 121.090575, "relative_strength": 50.225229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.100379, "energy": 23.807815, "activity_lines": [ 455.929336, 520.74473, 466.305555, 414.533161 ] }, { "date": "2026-08-07", "close": 393.630005, "volume": 88465195, "typical_volume": 37475510.5, "trend": 356.549204, "fair_value": 123.229337, "relative_strength": 58.072451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.099774, "energy": 29.647651, "activity_lines": [ 407.711336, 498.11164, 465.222766, 417.498495 ] } ], "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." } } }