{ "ticker": { "uuid": "d9a5755a-2cb7-4613-9192-bf638dc58934", "symbol": "6817", "name": "Winston Medical Supply Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -81.953, "architecture_energy": 92.001, "architecture_maturity": 85.59, "architecture_confidence": 82.348, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 9.2, "rotation_up": 8.69, "upward_expansion": 21.88, "deceleration": 37.03, "rotation_down": 85.82, "downward_expansion": 99.88 }, "activity_lines": [ 51.750001, 54.680001, 57.148822, 59.679373 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 49.75, "trend_reference": 63.77172, "distance_from_trend": -0.219874, "trend_direction": "Weakening", "fair_value": 82.95873, "distance_from_fair_value": -0.400304, "fair_value_direction": "Weakening", "relative_strength": -56.150089, "relative_strength_direction": "Weakening", "price_momentum": -0.34893, "excess_performance": -0.790302, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.219874, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.137118, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.400304, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.137933, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.561501, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.024745, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.34893, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.37026, "read": "Supply-led" } ], "volume": { "latest": 185108, "relative_activity": 1.384598, "balance": 0.37026, "dry_up": 0.859801, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.071, "annualized_volatility": 0.258238, "from_high_reference": -0.525976, "from_low_reference": 0.016343 }, "levels": { "trend_reference": 63.77172, "fair_value_reference": 82.95873, "structural_low": 48.950001, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": -0.003333, "positive_rate": 0.473684, "directional_follow_through": 0.526316, "median_excess_return": -0.055869, "regime_survival": 0.894737, "best_return": 0.082852, "worst_return": -0.143207, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.049494, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.070517, "regime_survival": 0.666667, "best_return": 0.291883, "worst_return": -0.182339, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.073384, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.032987, "regime_survival": 0.333333, "best_return": 0.206452, "worst_return": -0.253856, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.406621, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.279655, "regime_survival": 0.0, "best_return": 0.551468, "worst_return": 0.261774, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2022-09-09", "end": "2023-01-06", "tenure": "Established", "return": -0.025806, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-01-13", "end": "2023-02-03", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-02-10", "end": "2023-03-03", "tenure": "New", "return": 0.195286, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-03-10", "end": "2024-01-12", "tenure": "Extended", "return": 0.289855, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-19", "end": "2024-02-02", "tenure": "New", "return": 0.071429, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-09", "end": "2024-05-10", "tenure": "Established", "return": 0.206731, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-07-12", "tenure": "Developing", "return": -0.157417, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-19", "end": "2024-08-16", "tenure": "Developing", "return": -0.09901, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-23", "end": "2025-01-17", "tenure": "Established", "return": 0.001095, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-03-07", "tenure": "Developing", "return": 0.10929, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-08-22", "tenure": "Established", "return": 0.175685, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-11-28", "tenure": "Established", "return": -0.081482, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.006501, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-08-14", "tenure": "Extended", "return": -0.380289, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 70.765503, "volume": 332099, "typical_volume": 293661.9, "trend": 62.151228, "fair_value": 57.44756, "relative_strength": 19.330573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.335085, "energy": 43.540026, "activity_lines": [ 71.271551, 70.904612, 69.233829, 66.684482 ] }, { "date": "2023-08-18", "close": 69.541183, "volume": 85179, "typical_volume": 278497.6, "trend": 62.929208, "fair_value": 57.542041, "relative_strength": 18.212891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.656107, "energy": 32.677811, "activity_lines": [ 70.656672, 70.721521, 69.456177, 67.161254 ] }, { "date": "2023-08-25", "close": 71.989815, "volume": 101495, "typical_volume": 278715.55, "trend": 63.786239, "fair_value": 57.65404, "relative_strength": 20.841762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.61313, "energy": 37.555209, "activity_lines": [ 70.99948, 70.975793, 69.878086, 67.745809 ] }, { "date": "2023-09-01", "close": 72.80603, "volume": 254298, "typical_volume": 284093.5, "trend": 64.673048, "fair_value": 57.770593, "relative_strength": 20.19107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.4803, "energy": 37.487092, "activity_lines": [ 71.61436, 71.355554, 70.329491, 68.327731 ] }, { "date": "2023-09-08", "close": 72.153061, "volume": 127708, "typical_volume": 281592.1, "trend": 65.550946, "fair_value": 57.880383, "relative_strength": 18.937496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.600132, "energy": 37.000303, "activity_lines": [ 71.853783, 71.554999, 70.658501, 68.810313 ] }, { "date": "2023-09-15", "close": 74.193588, "volume": 274442, "typical_volume": 265522.4, "trend": 66.450583, "fair_value": 58.003968, "relative_strength": 19.116261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.620375, "energy": 45.622501, "activity_lines": [ 72.767939, 72.072922, 71.121076, 69.367902 ] }, { "date": "2023-09-22", "close": 74.193588, "volume": 186217, "typical_volume": 219855.65, "trend": 67.175389, "fair_value": 58.125694, "relative_strength": 22.486872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.682607, "energy": 49.504945, "activity_lines": [ 73.453557, 72.515161, 71.52051, 69.867451 ] }, { "date": "2023-09-29", "close": 72.724403, "volume": 52326, "typical_volume": 204959.35, "trend": 67.77409, "fair_value": 58.23464, "relative_strength": 19.310222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.039999, "energy": 39.589232, "activity_lines": [ 73.339286, 72.64427, 71.746264, 70.225452 ] }, { "date": "2023-10-06", "close": 74.030342, "volume": 107631, "typical_volume": 190165.75, "trend": 68.174644, "fair_value": 58.351645, "relative_strength": 19.616607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.435453, "energy": 41.720475, "activity_lines": [ 73.611355, 72.997466, 72.059346, 70.629081 ] }, { "date": "2023-10-13", "close": 73.459, "volume": 97143, "typical_volume": 187647.8, "trend": 68.700132, "fair_value": 58.462729, "relative_strength": 16.177161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.63481, "energy": 36.366945, "activity_lines": [ 73.611356, 73.181485, 72.278423, 70.970007 ] }, { "date": "2023-10-20", "close": 72.724403, "volume": 45637, "typical_volume": 170517.7, "trend": 69.064868, "fair_value": 58.566829, "relative_strength": 16.850103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.446796, "energy": 29.819906, "activity_lines": [ 73.279429, 73.206713, 72.401319, 71.229638 ] }, { "date": "2023-10-27", "close": 71.500084, "volume": 171395, "typical_volume": 161915.1, "trend": 69.365654, "fair_value": 58.660548, "relative_strength": 16.466207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.023219, "energy": 20.053079, "activity_lines": [ 72.637341, 72.973721, 72.385626, 71.386748 ] }, { "date": "2023-11-03", "close": 71.826576, "volume": 62433, "typical_volume": 147043.1, "trend": 69.697891, "fair_value": 58.755267, "relative_strength": 13.74243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.142392, "energy": 15.109819, "activity_lines": [ 72.283651, 72.764474, 72.389645, 71.545518 ] }, { "date": "2023-11-10", "close": 73.459, "volume": 57455, "typical_volume": 146510.7, "trend": 70.141106, "fair_value": 58.860294, "relative_strength": 14.342412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.759183, "energy": 17.430492, "activity_lines": [ 72.533957, 72.855, 72.543909, 71.78817 ] }, { "date": "2023-11-17", "close": 75.499527, "volume": 455089, "typical_volume": 163541.05, "trend": 70.678048, "fair_value": 58.978303, "relative_strength": 13.141454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.758832, "energy": 28.812764, "activity_lines": [ 73.502529, 73.304659, 72.873268, 72.133874 ] }, { "date": "2023-11-24", "close": 82.437317, "volume": 514153, "typical_volume": 177796.3, "trend": 71.394829, "fair_value": 59.143507, "relative_strength": 21.878965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.833911, "energy": 66.223733, "activity_lines": [ 76.647662, 74.954889, 73.833676, 72.892537 ] }, { "date": "2023-12-01", "close": 86.518372, "volume": 337978, "typical_volume": 183387.5, "trend": 72.041961, "fair_value": 59.33494, "relative_strength": 25.553859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.145795, "energy": 85.626238, "activity_lines": [ 80.505619, 77.197243, 75.123678, 73.868249 ] }, { "date": "2023-12-08", "close": 86.926476, "volume": 189206, "typical_volume": 187458.6, "trend": 72.774687, "fair_value": 59.526548, "relative_strength": 25.25748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.286962, "energy": 89.287585, "activity_lines": [ 83.498392, 79.289711, 76.381809, 74.828541 ] }, { "date": "2023-12-15", "close": 83.253525, "volume": 172559, "typical_volume": 192732.9, "trend": 73.35927, "fair_value": 59.690182, "relative_strength": 17.053581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.887647, "energy": 83.24276, "activity_lines": [ 84.260187, 80.45615, 77.219008, 75.504595 ] }, { "date": "2023-12-22", "close": 80.233543, "volume": 158913, "typical_volume": 189167.8, "trend": 73.768626, "fair_value": 59.83089, "relative_strength": 12.62024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.869293, "energy": 74.048271, "activity_lines": [ 83.362354, 80.905807, 77.707568, 75.948096 ] }, { "date": "2023-12-29", "close": 80.151924, "volume": 18562, "typical_volume": 173490.95, "trend": 74.17012, "fair_value": 59.969128, "relative_strength": 9.768955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.807553, "energy": 46.131727, "activity_lines": [ 82.121713, 81.217451, 78.149488, 76.359922 ] }, { "date": "2024-01-05", "close": 84.06974, "volume": 46522, "typical_volume": 171558.1, "trend": 74.668784, "fair_value": 60.13197, "relative_strength": 16.973238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.857493, "energy": 41.008489, "activity_lines": [ 82.33937, 82.10638, 78.919836, 76.998607 ] }, { "date": "2024-01-12", "close": 79.988686, "volume": 78807, "typical_volume": 170423.7, "trend": 74.977421, "fair_value": 60.265237, "relative_strength": 10.647165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.057878, "energy": 25.940541, "activity_lines": [ 81.359918, 82.024759, 79.232328, 77.341827 ] }, { "date": "2024-01-19", "close": 79.988686, "volume": 27263, "typical_volume": 159071.95, "trend": 75.329765, "fair_value": 60.396726, "relative_strength": 8.877771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.777328, "energy": 22.770658, "activity_lines": [ 80.842986, 81.794736, 79.506731, 77.665134 ] }, { "date": "2024-01-26", "close": 81.621109, "volume": 164427, "typical_volume": 160907.9, "trend": 75.741666, "fair_value": 60.537285, "relative_strength": 8.443115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.735687, "energy": 23.435644, "activity_lines": [ 81.08785, 81.742796, 79.902399, 78.071027 ] }, { "date": "2024-02-02", "close": 85.702164, "volume": 165723, "typical_volume": 155471.95, "trend": 76.264041, "fair_value": 60.702844, "relative_strength": 12.53289, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.739252, "energy": 32.965509, "activity_lines": [ 82.600562, 82.321564, 80.641653, 78.71364 ] }, { "date": "2024-02-09", "close": 84.885948, "volume": 20992, "typical_volume": 147210.7, "trend": 76.704795, "fair_value": 60.860903, "relative_strength": 10.357108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.536795, "energy": 36.086918, "activity_lines": [ 83.471185, 82.692569, 81.24837, 79.269892 ] }, { "date": "2024-02-16", "close": 84.06974, "volume": 242345, "typical_volume": 156711.65, "trend": 77.10746, "fair_value": 61.01161, "relative_strength": 5.591781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.231545, "energy": 40.145262, "activity_lines": [ 84.015326, 82.944853, 81.726436, 79.74505 ] }, { "date": "2024-02-23", "close": 86.110268, "volume": 441874, "typical_volume": 173423.8, "trend": 77.629835, "fair_value": 61.173537, "relative_strength": 5.980371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.969417, "energy": 58.155361, "activity_lines": [ 84.967572, 83.620082, 82.344814, 80.325876 ] }, { "date": "2024-03-01", "close": 85.702164, "volume": 362597, "typical_volume": 186696.5, "trend": 78.084192, "fair_value": 61.330772, "relative_strength": 4.741356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.819748, "energy": 56.555851, "activity_lines": [ 85.375678, 84.16917, 82.8668, 80.846671 ] }, { "date": "2024-03-08", "close": 99.577751, "volume": 965165, "typical_volume": 232672.9, "trend": 79.0446, "fair_value": 61.661547, "relative_strength": 15.938882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.022465, "energy": 80.78037, "activity_lines": [ 90.13691, 87.141662, 84.65197, 82.233353 ] }, { "date": "2024-03-15", "close": 105.699333, "volume": 1245035, "typical_volume": 286354.9, "trend": 80.249872, "fair_value": 61.999072, "relative_strength": 22.818666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.247453, "energy": 89.764578, "activity_lines": [ 96.013629, 90.873973, 86.892276, 83.953013 ] }, { "date": "2024-03-22", "close": 100.802063, "volume": 567989, "typical_volume": 311632.7, "trend": 81.21028, "fair_value": 62.276276, "relative_strength": 13.41788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.586428, "energy": 85.255711, "activity_lines": [ 98.870366, 93.322605, 88.50332, 85.278961 ] }, { "date": "2024-03-29", "close": 103.658806, "volume": 195021, "typical_volume": 318511.0, "trend": 82.238706, "fair_value": 62.505031, "relative_strength": 15.660195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.449824, "energy": 87.443159, "activity_lines": [ 101.563863, 95.91222, 90.248457, 86.727253 ] }, { "date": "2024-04-05", "close": 104.883118, "volume": 258041, "typical_volume": 308658.6, "trend": 83.329708, "fair_value": 62.742525, "relative_strength": 16.145256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.680232, "energy": 83.392895, "activity_lines": [ 103.495561, 98.294072, 91.966387, 88.188182 ] }, { "date": "2024-04-12", "close": 110.596596, "volume": 708572, "typical_volume": 318379.55, "trend": 84.543142, "fair_value": 62.906266, "relative_strength": 19.311518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.051471, "energy": 71.928072, "activity_lines": [ 106.053022, 101.291792, 94.088536, 89.947336 ] }, { "date": "2024-04-19", "close": 103.658806, "volume": 529883, "typical_volume": 327974.8, "trend": 85.525316, "fair_value": 63.012182, "relative_strength": 17.990824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.660463, "energy": 56.087749, "activity_lines": [ 105.563296, 102.57547, 95.41585, 91.180605 ] }, { "date": "2024-04-26", "close": 102.434486, "volume": 314824, "typical_volume": 334255.7, "trend": 86.515652, "fair_value": 63.110249, "relative_strength": 12.590767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.606578, "energy": 50.443192, "activity_lines": [ 104.801499, 103.295219, 96.544942, 92.271519 ] }, { "date": "2024-05-03", "close": 102.434486, "volume": 210322, "typical_volume": 336143.85, "trend": 87.462457, "fair_value": 63.252824, "relative_strength": 11.077293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.372, "energy": 44.826232, "activity_lines": [ 103.930873, 103.681064, 97.600186, 93.298541 ] }, { "date": "2024-05-10", "close": 102.434486, "volume": 779366, "typical_volume": 367166.5, "trend": 88.428306, "fair_value": 63.413202, "relative_strength": 8.698123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.181631, "energy": 30.412255, "activity_lines": [ 103.141869, 103.770105, 98.564092, 94.264478 ] }, { "date": "2024-05-17", "close": 102.434486, "volume": 663223, "typical_volume": 399399.55, "trend": 89.418642, "fair_value": 63.620311, "relative_strength": 5.550688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.459188, "energy": 25.882883, "activity_lines": [ 102.516107, 103.554922, 99.42228, 95.168103 ] }, { "date": "2024-05-24", "close": 94.680481, "volume": 683516, "typical_volume": 431249.25, "trend": 90.191322, "fair_value": 63.804866, "relative_strength": -3.938067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.392815, "energy": 16.167073, "activity_lines": [ 99.849818, 101.877979, 99.435883, 95.507576 ] }, { "date": "2024-05-31", "close": 97.94532, "volume": 355863, "typical_volume": 445102.05, "trend": 91.061947, "fair_value": 64.011238, "relative_strength": 0.976698, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.28993, "energy": 16.56051, "activity_lines": [ 98.870363, 100.994986, 99.709896, 96.007834 ] }, { "date": "2024-06-07", "close": 99.577751, "volume": 304151, "typical_volume": 458946.45, "trend": 91.932572, "fair_value": 64.228075, "relative_strength": -0.746459, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.657371, "energy": 16.461627, "activity_lines": [ 98.734329, 100.460739, 100.053871, 96.557241 ] }, { "date": "2024-06-14", "close": 95.496689, "volume": 459094, "typical_volume": 473679.8, "trend": 92.599144, "fair_value": 64.418752, "relative_strength": -7.606971, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.207913, "energy": 13.029563, "activity_lines": [ 97.42839, 99.258682, 99.915892, 96.787184 ] }, { "date": "2024-06-21", "close": 99.985847, "volume": 567425, "typical_volume": 493764.9, "trend": 93.184095, "fair_value": 64.60794, "relative_strength": -6.481802, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.980854, "energy": 10.352641, "activity_lines": [ 98.081358, 99.043498, 100.139378, 97.263745 ] }, { "date": "2024-06-28", "close": 100.550598, "volume": 379151, "typical_volume": 511672.85, "trend": 93.651836, "fair_value": 64.81232, "relative_strength": -5.158087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.806868, "energy": 10.000937, "activity_lines": [ 99.085818, 99.123919, 100.348632, 97.739004 ] }, { "date": "2024-07-05", "close": 93.645836, "volume": 502625, "typical_volume": 524686.85, "trend": 93.875815, "fair_value": 64.968878, "relative_strength": -13.554908, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.231437, "energy": 6.132468, "activity_lines": [ 97.397349, 98.005442, 99.825696, 97.738617 ] }, { "date": "2024-07-12", "close": 86.309525, "volume": 763498, "typical_volume": 540768.05, "trend": 93.977681, "fair_value": 65.077964, "relative_strength": -21.350678, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.518382, "energy": 36.748087, "activity_lines": [ 93.550076, 95.712883, 98.558463, 97.250469 ] }, { "date": "2024-07-19", "close": 87.172623, "volume": 112079, "typical_volume": 528242.15, "trend": 94.208984, "fair_value": 65.180565, "relative_strength": -16.78028, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.547162, "energy": 50.238152, "activity_lines": [ 90.875051, 93.870432, 97.372481, 96.811433 ] }, { "date": "2024-07-26", "close": 86.741074, "volume": 146206, "typical_volume": 487294.2, "trend": 94.428622, "fair_value": 65.333809, "relative_strength": -14.329716, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.144989, "energy": 60.252478, "activity_lines": [ 88.611114, 92.227006, 96.138398, 96.329632 ] }, { "date": "2024-08-02", "close": 86.309525, "volume": 55953, "typical_volume": 427840.1, "trend": 94.503282, "fair_value": 65.480281, "relative_strength": -12.754224, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.638144, "energy": 62.226108, "activity_lines": [ 87.086312, 90.790452, 94.924341, 95.80582 ] }, { "date": "2024-08-09", "close": 79.663689, "volume": 195965, "typical_volume": 409238.9, "trend": 94.492448, "fair_value": 65.590382, "relative_strength": -18.649019, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.432025, "energy": 72.123976, "activity_lines": [ 84.295636, 88.297763, 93.16968, 94.848426 ] }, { "date": "2024-08-16", "close": 78.541664, "volume": 131056, "typical_volume": 406040.65, "trend": 94.444214, "fair_value": 65.697741, "relative_strength": -22.715907, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.788652, "energy": 84.425204, "activity_lines": [ 82.063095, 85.933463, 91.408818, 93.819344 ] }, { "date": "2024-08-23", "close": 78.800598, "volume": 50618, "typical_volume": 395669.5, "trend": 94.350197, "fair_value": 65.86818, "relative_strength": -21.522401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.7157, "energy": 86.350579, "activity_lines": [ 80.434722, 83.998716, 89.792222, 92.810078 ] }, { "date": "2024-08-30", "close": 85.360123, "volume": 190142, "typical_volume": 369748.0, "trend": 94.338796, "fair_value": 66.094909, "relative_strength": -15.215277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.379092, "energy": 74.6959, "activity_lines": [ 81.550993, 83.560175, 88.924546, 92.230073 ] }, { "date": "2024-09-06", "close": 80.699402, "volume": 118830, "typical_volume": 349195.35, "trend": 94.199244, "fair_value": 66.262968, "relative_strength": -16.521206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.771205, "energy": 56.118009, "activity_lines": [ 81.205754, 82.540152, 87.733164, 91.350112 ] }, { "date": "2024-09-13", "close": 80.526787, "volume": 19217, "typical_volume": 334415.0, "trend": 94.081146, "fair_value": 66.435958, "relative_strength": -17.701836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.881229, "energy": 50.691599, "activity_lines": [ 81.176985, 81.849676, 86.634674, 90.468018 ] }, { "date": "2024-09-20", "close": 80.354164, "volume": 20072, "typical_volume": 324902.5, "trend": 93.889276, "fair_value": 66.613879, "relative_strength": -19.043623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.602466, "energy": 46.967402, "activity_lines": [ 81.033135, 81.366342, 85.624066, 89.582407 ] }, { "date": "2024-09-27", "close": 79.404762, "volume": 91976, "typical_volume": 290533.0, "trend": 93.679362, "fair_value": 66.786642, "relative_strength": -22.001339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.455722, "energy": 50.539014, "activity_lines": [ 80.451984, 80.818669, 84.628183, 88.647922 ] }, { "date": "2024-10-04", "close": 77.678574, "volume": 50357, "typical_volume": 259889.7, "trend": 92.94939, "fair_value": 66.939981, "relative_strength": -21.580171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.079941, "energy": 55.433485, "activity_lines": [ 79.255159, 80.098377, 83.577567, 87.615613 ] }, { "date": "2024-10-11", "close": 78.110123, "volume": 61529, "typical_volume": 228790.35, "trend": 92.02975, "fair_value": 67.101195, "relative_strength": -22.88406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.549128, "energy": 67.330873, "activity_lines": [ 78.714287, 79.621321, 82.685935, 86.658241 ] }, { "date": "2024-10-18", "close": 77.678574, "volume": 111851, "typical_volume": 216589.75, "trend": 91.258967, "fair_value": 67.263822, "relative_strength": -24.85761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.879617, "energy": 71.851193, "activity_lines": [ 78.202185, 79.214882, 81.83211, 85.732358 ] }, { "date": "2024-10-25", "close": 81.130951, "volume": 105203, "typical_volume": 206642.35, "trend": 90.508038, "fair_value": 67.413284, "relative_strength": -20.719936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.891005, "energy": 49.912638, "activity_lines": [ 79.030755, 79.472241, 81.403592, 85.078938 ] }, { "date": "2024-11-01", "close": 78.973213, "volume": 40142, "typical_volume": 185694.75, "trend": 89.644375, "fair_value": 67.552629, "relative_strength": -20.594891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.304362, "energy": 44.612045, "activity_lines": [ 79.088294, 79.290206, 80.857416, 84.334756 ] }, { "date": "2024-11-08", "close": 78.714287, "volume": 55813, "typical_volume": 160114.15, "trend": 88.581631, "fair_value": 67.694959, "relative_strength": -23.095805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.700544, "energy": 41.447386, "activity_lines": [ 79.088294, 79.057955, 80.365264, 83.629589 ] }, { "date": "2024-11-15", "close": 77.41964, "volume": 108481, "typical_volume": 146580.65, "trend": 87.706992, "fair_value": 67.805769, "relative_strength": -21.320704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.62404, "energy": 44.842121, "activity_lines": [ 78.587698, 78.711147, 79.851106, 82.90946 ] }, { "date": "2024-11-22", "close": 76.211311, "volume": 136276, "typical_volume": 128263.2, "trend": 86.832886, "fair_value": 67.941343, "relative_strength": -22.599147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.703453, "energy": 50.509708, "activity_lines": [ 77.730357, 78.204275, 79.332016, 82.167804 ] }, { "date": "2024-11-29", "close": 77.764885, "volume": 96048, "typical_volume": 94890.7, "trend": 86.010566, "fair_value": 68.073871, "relative_strength": -18.207154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.812267, "energy": 49.277765, "activity_lines": [ 77.488692, 78.058334, 79.043907, 81.582771 ] }, { "date": "2024-12-06", "close": 78.110123, "volume": 83161, "typical_volume": 93444.8, "trend": 85.199754, "fair_value": 68.202111, "relative_strength": -20.557009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.64927, "energy": 53.547947, "activity_lines": [ 77.58651, 78.022242, 78.829366, 81.073065 ] }, { "date": "2024-12-13", "close": 79.318451, "volume": 135664, "typical_volume": 92917.7, "trend": 84.42922, "fair_value": 68.347849, "relative_strength": -18.253453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.323601, "energy": 38.724219, "activity_lines": [ 78.144644, 78.229384, 78.773059, 80.693626 ] }, { "date": "2024-12-20", "close": 77.9375, "volume": 7616, "typical_volume": 90500.85, "trend": 83.87112, "fair_value": 68.488915, "relative_strength": -17.442707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.835146, "energy": 28.744808, "activity_lines": [ 78.202184, 78.155628, 78.620579, 80.274806 ] }, { "date": "2024-12-27", "close": 78.541664, "volume": 79744, "typical_volume": 84689.8, "trend": 83.224332, "fair_value": 68.629674, "relative_strength": -19.132416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.448223, "energy": 22.347122, "activity_lines": [ 78.426587, 78.194859, 78.565505, 79.93097 ] }, { "date": "2025-01-03", "close": 77.678574, "volume": 17296, "typical_volume": 79001.8, "trend": 82.494359, "fair_value": 68.76908, "relative_strength": -18.207743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.783706, "energy": 23.100874, "activity_lines": [ 78.207937, 78.061472, 78.433575, 79.573179 ] }, { "date": "2025-01-10", "close": 79.404762, "volume": 53898, "typical_volume": 79165.8, "trend": 81.957962, "fair_value": 68.929769, "relative_strength": -16.332949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.847072, "energy": 18.268378, "activity_lines": [ 78.570437, 78.304708, 78.470154, 79.37385 ] }, { "date": "2025-01-17", "close": 78.886902, "volume": 81954, "typical_volume": 73756.4, "trend": 81.254663, "fair_value": 69.070883, "relative_strength": -16.935531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.670038, "energy": 14.459449, "activity_lines": [ 78.674007, 78.445941, 78.454535, 79.175717 ] }, { "date": "2025-01-24", "close": 78.973213, "volume": 51076, "typical_volume": 70368.7, "trend": 80.535417, "fair_value": 69.224162, "relative_strength": -17.723782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.843327, "energy": 9.392079, "activity_lines": [ 78.835118, 78.599729, 78.477962, 79.028527 ] }, { "date": "2025-02-07", "close": 81.389885, "volume": 159778, "typical_volume": 77396.75, "trend": 80.126886, "fair_value": 69.388287, "relative_strength": -14.52055, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.553509, "energy": 11.02863, "activity_lines": [ 79.732739, 79.164665, 78.739768, 79.083654 ] }, { "date": "2025-02-14", "close": 80.613098, "volume": 90994, "typical_volume": 80942.85, "trend": 79.937005, "fair_value": 69.550684, "relative_strength": -13.650451, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.749481, "energy": 17.702106, "activity_lines": [ 80.181549, 79.494211, 78.923484, 79.115022 ] }, { "date": "2025-02-21", "close": 81.130951, "volume": 90695, "typical_volume": 80878.8, "trend": 79.735616, "fair_value": 69.703861, "relative_strength": -14.764316, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.506629, "energy": 30.60881, "activity_lines": [ 80.607342, 79.866126, 79.155287, 79.192051 ] }, { "date": "2025-02-28", "close": 84.583336, "volume": 394245, "typical_volume": 98073.2, "trend": 79.663691, "fair_value": 69.888457, "relative_strength": -8.135534, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.727337, "energy": 54.783389, "activity_lines": [ 82.068851, 80.810823, 79.707668, 79.504807 ] }, { "date": "2025-03-07", "close": 87.604164, "volume": 194763, "typical_volume": 104734.9, "trend": 79.706846, "fair_value": 70.087774, "relative_strength": -2.541013, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 81.36991, "energy": 74.645664, "activity_lines": [ 84.15754, 82.209037, 80.514867, 80.017096 ] }, { "date": "2025-03-14", "close": 86.136902, "volume": 141500, "typical_volume": 106217.35, "trend": 79.922619, "fair_value": 70.256786, "relative_strength": -0.989364, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.370347, "energy": 73.07729, "activity_lines": [ 85.181745, 83.164718, 81.137117, 80.431938 ] }, { "date": "2025-03-21", "close": 85.70536, "volume": 81738, "typical_volume": 105044.1, "trend": 80.161409, "fair_value": 70.424424, "relative_strength": -1.834261, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.294849, "energy": 73.672862, "activity_lines": [ 85.745635, 83.903842, 81.677991, 80.805018 ] }, { "date": "2025-03-28", "close": 84.497025, "volume": 87670, "typical_volume": 107420.5, "trend": 80.35129, "fair_value": 70.59407, "relative_strength": 0.022004, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.617601, "energy": 65.354596, "activity_lines": [ 85.567262, 84.277327, 82.082002, 81.084735 ] }, { "date": "2025-04-04", "close": 84.928574, "volume": 86633, "typical_volume": 108961.5, "trend": 80.336905, "fair_value": 70.764625, "relative_strength": 2.535787, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.133767, "energy": 42.147112, "activity_lines": [ 85.308335, 84.636689, 82.500808, 81.380044 ] }, { "date": "2025-04-11", "close": 80.26786, "volume": 295354, "typical_volume": 118305.15, "trend": 80.322521, "fair_value": 70.907625, "relative_strength": 6.239451, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.430172, "energy": 18.610881, "activity_lines": [ 83.47282, 84.0388, 82.446146, 81.37559 ] }, { "date": "2025-04-18", "close": 80.526787, "volume": 49713, "typical_volume": 113977.0, "trend": 80.322521, "fair_value": 71.047641, "relative_strength": 7.951074, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.35745, "energy": 17.073865, "activity_lines": [ 82.2127, 83.464449, 82.40258, 81.388768 ] }, { "date": "2025-04-25", "close": 83.720238, "volume": 87250, "typical_volume": 113537.1, "trend": 80.434723, "fair_value": 71.207663, "relative_strength": 10.13761, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.979734, "energy": 18.826767, "activity_lines": [ 82.391073, 83.486419, 82.642603, 81.607976 ] }, { "date": "2025-05-02", "close": 88.035713, "volume": 151509, "typical_volume": 116954.5, "trend": 80.722421, "fair_value": 71.403244, "relative_strength": 11.196109, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.245785, "energy": 21.875384, "activity_lines": [ 84.140278, 84.236527, 83.265264, 82.098362 ] }, { "date": "2025-05-09", "close": 88.467262, "volume": 152163, "typical_volume": 117779.45, "trend": 81.082044, "fair_value": 71.596947, "relative_strength": 11.515892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.984041, "energy": 41.845135, "activity_lines": [ 85.797421, 84.939557, 83.881761, 82.598029 ] }, { "date": "2025-05-16", "close": 88.035713, "volume": 201025, "typical_volume": 127449.9, "trend": 81.412897, "fair_value": 71.787884, "relative_strength": 6.749958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.648411, "energy": 57.278123, "activity_lines": [ 87.074801, 85.493507, 84.413592, 83.046653 ] }, { "date": "2025-05-23", "close": 88.898811, "volume": 66514, "typical_volume": 126788.4, "trend": 81.786905, "fair_value": 72.014076, "relative_strength": 9.145934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.176555, "energy": 64.936177, "activity_lines": [ 88.122024, 86.196537, 84.979536, 83.529615 ] }, { "date": "2025-05-30", "close": 90.193451, "volume": 38583, "typical_volume": 127852.75, "trend": 82.088988, "fair_value": 72.236028, "relative_strength": 12.412278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.44426, "energy": 70.30908, "activity_lines": [ 89.042658, 87.08474, 85.619459, 84.071973 ] }, { "date": "2025-06-06", "close": 94.940475, "volume": 243217, "typical_volume": 137318.7, "trend": 82.621231, "fair_value": 72.488409, "relative_strength": 16.761818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.752415, "energy": 81.523306, "activity_lines": [ 91.114087, 88.754437, 86.651885, 84.901101 ] }, { "date": "2025-06-13", "close": 97.587303, "volume": 716605, "typical_volume": 169051.25, "trend": 83.250331, "fair_value": 72.778656, "relative_strength": 17.856448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.991559, "energy": 86.330366, "activity_lines": [ 93.607474, 90.715494, 87.862411, 85.866654 ] }, { "date": "2025-06-20", "close": 96.666664, "volume": 149207, "typical_volume": 173957.8, "trend": 83.891899, "fair_value": 73.059287, "relative_strength": 16.803998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.720468, "energy": 82.130329, "activity_lines": [ 95.185978, 92.279004, 88.896207, 86.732224 ] }, { "date": "2025-06-27", "close": 105.412697, "volume": 392683, "typical_volume": 185603.05, "trend": 84.865278, "fair_value": 73.409914, "relative_strength": 24.123477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.694586, "energy": 89.927416, "activity_lines": [ 99.10443, 95.134541, 90.678704, 88.120663 ] }, { "date": "2025-07-04", "close": 100.349205, "volume": 141602, "typical_volume": 188133.45, "trend": 85.618089, "fair_value": 73.737371, "relative_strength": 18.28059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.891427, "energy": 72.688383, "activity_lines": [ 100.234126, 96.616972, 91.864569, 89.119626 ] }, { "date": "2025-07-11", "close": 101.269844, "volume": 65634, "typical_volume": 186880.4, "trend": 86.390079, "fair_value": 74.086985, "relative_strength": 18.010888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.741214, "energy": 67.931755, "activity_lines": [ 100.993651, 97.964448, 93.044133, 90.129416 ] }, { "date": "2025-07-18", "close": 107.253967, "volume": 161063, "typical_volume": 175221.3, "trend": 87.321263, "fair_value": 74.487962, "relative_strength": 21.002224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.878409, "energy": 72.941714, "activity_lines": [ 103.325926, 100.159325, 94.697713, 91.475474 ] }, { "date": "2025-07-25", "close": 103.571426, "volume": 144910, "typical_volume": 172728.65, "trend": 88.175728, "fair_value": 74.854652, "relative_strength": 16.574095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.879081, "energy": 57.431623, "activity_lines": [ 103.786242, 101.343073, 95.89262, 92.523871 ] }, { "date": "2025-08-01", "close": 100.349208, "volume": 80725, "typical_volume": 169689.9, "trend": 88.902646, "fair_value": 75.18939, "relative_strength": 12.404977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.854508, "energy": 51.290981, "activity_lines": [ 102.712169, 101.658495, 96.704615, 93.309257 ] }, { "date": "2025-08-08", "close": 104.031746, "volume": 188798, "typical_volume": 175042.9, "trend": 89.781085, "fair_value": 75.552184, "relative_strength": 13.48696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.177195, "energy": 50.231276, "activity_lines": [ 103.203175, 102.435281, 97.79965, 94.285328 ] }, { "date": "2025-08-15", "close": 102.190475, "volume": 86732, "typical_volume": 174996.0, "trend": 90.540609, "fair_value": 75.894276, "relative_strength": 9.773068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.708334, "energy": 41.140185, "activity_lines": [ 102.83492, 102.625685, 98.632057, 95.085934 ] }, { "date": "2025-08-22", "close": 101.269844, "volume": 70896, "typical_volume": 174209.15, "trend": 91.286707, "fair_value": 76.224038, "relative_strength": 10.9766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.079195, "energy": 30.704339, "activity_lines": [ 102.098413, 102.516883, 99.292531, 95.778143 ] }, { "date": "2025-08-29", "close": 99.428574, "volume": 109152, "typical_volume": 164899.05, "trend": 91.968552, "fair_value": 76.550402, "relative_strength": 6.559995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.890675, "energy": 25.904305, "activity_lines": [ 101.147091, 102.00635, 99.69983, 96.303424 ] }, { "date": "2025-09-05", "close": 100.809525, "volume": 69582, "typical_volume": 165892.5, "trend": 92.615873, "fair_value": 76.894024, "relative_strength": 6.736176, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.107341, "energy": 20.928417, "activity_lines": [ 100.932277, 101.696682, 100.147407, 96.87381 ] }, { "date": "2025-09-12", "close": 101.730156, "volume": 173857, "typical_volume": 170222.85, "trend": 93.319775, "fair_value": 77.23712, "relative_strength": 3.449141, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.832935, "energy": 20.314064, "activity_lines": [ 100.993651, 101.638096, 100.586078, 97.461828 ] }, { "date": "2025-09-19", "close": 101.730156, "volume": 118892, "typical_volume": 168592.0, "trend": 94.006415, "fair_value": 77.582688, "relative_strength": 2.887921, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.535598, "energy": 19.961293, "activity_lines": [ 101.208465, 101.554401, 100.938988, 98.004433 ] }, { "date": "2025-09-26", "close": 102.650795, "volume": 163382, "typical_volume": 169152.95, "trend": 94.608664, "fair_value": 77.938114, "relative_strength": 3.611793, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.452987, "energy": 28.153258, "activity_lines": [ 101.760846, 101.629726, 101.314366, 98.562135 ] }, { "date": "2025-10-03", "close": 103.571426, "volume": 171720, "typical_volume": 167687.7, "trend": 95.140906, "fair_value": 78.29944, "relative_strength": -0.265124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.355439, "energy": 32.560402, "activity_lines": [ 102.528041, 101.956132, 101.709883, 99.140378 ] }, { "date": "2025-10-10", "close": 101.730156, "volume": 147984, "typical_volume": 171761.2, "trend": 95.660681, "fair_value": 78.650941, "relative_strength": -4.094429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.359955, "energy": 28.819158, "activity_lines": [ 102.405289, 101.947762, 101.85606, 99.565491 ] }, { "date": "2025-10-17", "close": 100.809525, "volume": 143897, "typical_volume": 177026.9, "trend": 96.164153, "fair_value": 79.010385, "relative_strength": -5.096222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.279301, "energy": 22.332687, "activity_lines": [ 101.914285, 101.746897, 101.853458, 99.897674 ] }, { "date": "2025-10-24", "close": 101.730156, "volume": 99142, "typical_volume": 169823.15, "trend": 96.738591, "fair_value": 79.368809, "relative_strength": -5.210835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.471535, "energy": 19.22364, "activity_lines": [ 101.791533, 101.772005, 101.887981, 100.256771 ] }, { "date": "2025-10-31", "close": 99.888893, "volume": 61105, "typical_volume": 137048.15, "trend": 97.237268, "fair_value": 79.72779, "relative_strength": -9.265953, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.459301, "energy": 9.286907, "activity_lines": [ 101.055027, 101.470707, 101.714815, 100.460016 ] }, { "date": "2025-11-07", "close": 99.888893, "volume": 45071, "typical_volume": 131841.35, "trend": 97.891303, "fair_value": 80.098638, "relative_strength": -7.422913, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.476798, "energy": 9.27276, "activity_lines": [ 100.502647, 101.194517, 101.530688, 100.631089 ] }, { "date": "2025-11-14", "close": 98.047623, "volume": 67342, "typical_volume": 115574.3, "trend": 98.475331, "fair_value": 80.470538, "relative_strength": -8.394166, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.157255, "energy": 9.919651, "activity_lines": [ 99.582014, 100.575182, 101.155859, 100.641174 ] }, { "date": "2025-11-21", "close": 98.047623, "volume": 55970, "typical_volume": 111292.7, "trend": 98.95291, "fair_value": 80.829582, "relative_strength": -5.200846, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.218563, "energy": 26.027755, "activity_lines": [ 98.906882, 100.006063, 100.816101, 100.61358 ] }, { "date": "2025-11-28", "close": 91.326981, "volume": 203628, "typical_volume": 118192.4, "trend": 99.062619, "fair_value": 81.140601, "relative_strength": -15.498316, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -53.341264, "energy": 58.785502, "activity_lines": [ 96.175663, 98.281964, 99.847242, 100.121585 ] }, { "date": "2025-12-05", "close": 84.974609, "volume": 281184, "typical_volume": 124198.45, "trend": 98.946197, "fair_value": 81.407439, "relative_strength": -22.197329, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -64.723492, "energy": 77.238804, "activity_lines": [ 92.020532, 95.592037, 98.320742, 99.212681 ] }, { "date": "2025-12-12", "close": 84.422218, "volume": 170834, "typical_volume": 125494.65, "trend": 98.825748, "fair_value": 81.670736, "relative_strength": -23.156745, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.222727, "energy": 91.753463, "activity_lines": [ 88.675556, 93.12306, 96.847726, 98.27565 ] }, { "date": "2025-12-19", "close": 80.279366, "volume": 272291, "typical_volume": 135072.95, "trend": 98.538433, "fair_value": 81.899071, "relative_strength": -25.402691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.153383, "energy": 95.968766, "activity_lines": [ 84.980741, 90.249005, 95.071339, 97.079109 ] }, { "date": "2025-12-26", "close": 77.701591, "volume": 269704, "typical_volume": 139118.25, "trend": 98.122037, "fair_value": 82.09061, "relative_strength": -29.713765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.803701, "energy": 95.35882, "activity_lines": [ 81.611218, 87.296279, 93.14502, 95.734797 ] }, { "date": "2026-01-02", "close": 75.492065, "volume": 146407, "typical_volume": 142102.0, "trend": 97.473757, "fair_value": 82.277874, "relative_strength": -33.293485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.003773, "energy": 94.726472, "activity_lines": [ 78.861589, 84.361964, 91.133652, 94.274799 ] }, { "date": "2026-01-09", "close": 79.082542, "volume": 122727, "typical_volume": 144693.55, "trend": 96.856932, "fair_value": 82.492109, "relative_strength": -32.023147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.380175, "energy": 88.282281, "activity_lines": [ 78.364446, 82.55752, 89.591369, 93.088269 ] }, { "date": "2026-01-16", "close": 73.834915, "volume": 373122, "typical_volume": 157892.05, "trend": 96.095873, "fair_value": 82.666772, "relative_strength": -38.457556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.902451, "energy": 87.790808, "activity_lines": [ 76.510899, 80.177259, 87.654967, 91.602977 ] }, { "date": "2026-01-23", "close": 76.320633, "volume": 167028, "typical_volume": 162764.35, "trend": 95.126138, "fair_value": 82.859842, "relative_strength": -37.163266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.18658, "energy": 66.039899, "activity_lines": [ 76.191745, 78.722655, 86.077174, 90.327155 ] }, { "date": "2026-01-30", "close": 77.793648, "volume": 124794, "typical_volume": 160311.2, "trend": 94.374286, "fair_value": 83.06186, "relative_strength": -35.852599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.477137, "energy": 62.507795, "activity_lines": [ 76.627511, 77.930908, 84.756281, 89.20893 ] }, { "date": "2026-02-06", "close": 76.412697, "volume": 53485, "typical_volume": 157040.85, "trend": 93.545714, "fair_value": 83.255519, "relative_strength": -36.089343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.651847, "energy": 60.146822, "activity_lines": [ 76.596823, 77.256334, 83.417853, 88.050118 ] }, { "date": "2026-02-13", "close": 75.215874, "volume": 51279, "typical_volume": 151435.7, "trend": 92.477778, "fair_value": 83.443979, "relative_strength": -40.121926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.247582, "energy": 56.688691, "activity_lines": [ 76.105819, 76.635324, 82.086002, 86.867547 ] }, { "date": "2026-02-27", "close": 76.873016, "volume": 70326, "typical_volume": 146366.0, "trend": 91.587831, "fair_value": 83.634162, "relative_strength": -41.552989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.863768, "energy": 50.544881, "activity_lines": [ 76.424973, 76.493044, 81.042615, 85.860789 ] }, { "date": "2026-03-06", "close": 74.203171, "volume": 245935, "typical_volume": 151263.55, "trend": 90.716296, "fair_value": 83.77361, "relative_strength": -40.08224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.667395, "energy": 55.745617, "activity_lines": [ 75.651639, 76.002596, 79.872093, 84.739198 ] }, { "date": "2026-03-13", "close": 66.561905, "volume": 471791, "typical_volume": 167658.25, "trend": 89.467302, "fair_value": 83.849241, "relative_strength": -45.394072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.049515, "energy": 68.114317, "activity_lines": [ 72.47238, 74.233303, 78.104913, 83.18085 ] }, { "date": "2026-03-20", "close": 64.444443, "volume": 238478, "typical_volume": 174625.05, "trend": 88.209101, "fair_value": 83.864823, "relative_strength": -46.796811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.720873, "energy": 84.950773, "activity_lines": [ 69.336084, 72.281557, 76.299153, 81.566472 ] }, { "date": "2026-03-27", "close": 65.641273, "volume": 65371, "typical_volume": 174838.35, "trend": 87.021482, "fair_value": 83.915765, "relative_strength": -44.548722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.594884, "energy": 88.176502, "activity_lines": [ 67.396614, 70.748282, 74.784928, 80.110483 ] }, { "date": "2026-04-03", "close": 66.101593, "volume": 77618, "typical_volume": 176465.7, "trend": 85.910582, "fair_value": 83.943452, "relative_strength": -42.653275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.263582, "energy": 85.360306, "activity_lines": [ 66.248891, 69.543089, 73.477627, 78.760813 ] }, { "date": "2026-04-10", "close": 63.800003, "volume": 200906, "typical_volume": 183143.9, "trend": 84.676931, "fair_value": 83.951936, "relative_strength": -48.484701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.374945, "energy": 80.419473, "activity_lines": [ 65.052066, 68.06003, 72.112019, 77.334324 ] }, { "date": "2026-04-17", "close": 62.879368, "volume": 184838, "typical_volume": 189587.3, "trend": 83.381905, "fair_value": 83.958474, "relative_strength": -50.486763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.167362, "energy": 67.454492, "activity_lines": [ 64.241908, 66.637231, 70.821815, 75.928029 ] }, { "date": "2026-04-24", "close": 64.720634, "volume": 306958, "typical_volume": 194753.8, "trend": 82.148254, "fair_value": 83.987692, "relative_strength": -51.144691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.781011, "energy": 61.961915, "activity_lines": [ 64.291007, 65.820377, 69.874437, 74.724076 ] }, { "date": "2026-05-01", "close": 64.076187, "volume": 36071, "typical_volume": 182498.15, "trend": 80.862434, "fair_value": 84.017724, "relative_strength": -50.911901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.578912, "energy": 60.481085, "activity_lines": [ 64.106878, 65.098933, 68.992381, 73.558137 ] }, { "date": "2026-05-08", "close": 62.879368, "volume": 123626, "typical_volume": 180137.75, "trend": 79.506032, "fair_value": 84.030195, "relative_strength": -54.213539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.832341, "energy": 59.838073, "activity_lines": [ 63.628149, 64.362425, 68.095858, 72.397939 ] }, { "date": "2026-05-15", "close": 61.958733, "volume": 148910, "typical_volume": 173968.7, "trend": 78.180318, "fair_value": 83.99721, "relative_strength": -53.675574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.491393, "energy": 56.941861, "activity_lines": [ 63.057356, 63.71296, 67.214241, 71.265855 ] }, { "date": "2026-05-22", "close": 57.263493, "volume": 217262, "typical_volume": 171346.6, "trend": 76.728784, "fair_value": 83.947971, "relative_strength": -57.624647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.624318, "energy": 63.642185, "activity_lines": [ 61.044234, 62.43244, 65.972699, 69.916382 ] }, { "date": "2026-05-29", "close": 58.55238, "volume": 127105, "typical_volume": 170381.5, "trend": 75.289525, "fair_value": 83.902051, "relative_strength": -58.357926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.743456, "energy": 61.578413, "activity_lines": [ 59.835133, 61.555326, 64.951233, 68.743711 ] }, { "date": "2026-06-05", "close": 58.368256, "volume": 249421, "typical_volume": 176716.2, "trend": 73.905503, "fair_value": 83.840611, "relative_strength": -58.04815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.285818, "energy": 62.274392, "activity_lines": [ 58.975874, 60.751862, 63.992896, 67.652016 ] }, { "date": "2026-06-12", "close": 58.0, "volume": 86845, "typical_volume": 162402.35, "trend": 72.509207, "fair_value": 83.775822, "relative_strength": -56.632205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.802433, "energy": 73.713912, "activity_lines": [ 58.374392, 60.01368, 63.098126, 66.625855 ] }, { "date": "2026-06-19", "close": 61.0, "volume": 206921, "typical_volume": 164397.0, "trend": 71.274286, "fair_value": 83.723836, "relative_strength": -55.769821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.093451, "energy": 55.65011, "activity_lines": [ 59.098201, 59.968255, 62.564475, 65.883325 ] }, { "date": "2026-06-26", "close": 59.900002, "volume": 80668, "typical_volume": 162190.7, "trend": 70.002699, "fair_value": 83.654415, "relative_strength": -53.812362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.368623, "energy": 48.342627, "activity_lines": [ 59.51926, 59.773738, 61.999018, 65.149501 ] }, { "date": "2026-07-03", "close": 60.299999, "volume": 46427, "typical_volume": 161837.8, "trend": 68.968466, "fair_value": 83.595964, "relative_strength": -54.687276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.23349, "energy": 38.164014, "activity_lines": [ 59.897884, 59.706119, 61.556864, 64.52352 ] }, { "date": "2026-07-10", "close": 59.5, "volume": 49480, "typical_volume": 161747.85, "trend": 68.119312, "fair_value": 83.533374, "relative_strength": -52.882895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.807253, "energy": 34.250217, "activity_lines": [ 59.893333, 59.57342, 61.115246, 63.912651 ] }, { "date": "2026-07-17", "close": 59.0, "volume": 70970, "typical_volume": 161780.05, "trend": 67.271905, "fair_value": 83.462663, "relative_strength": -49.265555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.604334, "energy": 36.092413, "activity_lines": [ 59.646667, 59.433016, 60.700847, 63.324308 ] }, { "date": "2026-07-24", "close": 55.900002, "volume": 80289, "typical_volume": 153497.75, "trend": 66.45926, "fair_value": 83.361616, "relative_strength": -51.891887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.163403, "energy": 50.34888, "activity_lines": [ 58.300001, 58.79951, 60.07632, 62.590637 ] }, { "date": "2026-07-31", "close": 50.900002, "volume": 143889, "typical_volume": 137102.65, "trend": 65.565873, "fair_value": 83.226425, "relative_strength": -54.584126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.651616, "energy": 78.615571, "activity_lines": [ 55.626668, 57.367072, 59.06276, 61.586814 ] }, { "date": "2026-08-07", "close": 51.0, "volume": 50504, "typical_volume": 127703.95, "trend": 64.749471, "fair_value": 83.101816, "relative_strength": -54.58159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.461649, "energy": 87.617184, "activity_lines": [ 53.586668, 56.068514, 58.133304, 60.64708 ] }, { "date": "2026-08-14", "close": 49.75, "volume": 185108, "typical_volume": 133690.8, "trend": 63.77172, "fair_value": 82.95873, "relative_strength": -56.150089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.953073, "energy": 92.001449, "activity_lines": [ 51.750001, 54.680001, 57.148822, 59.679373 ] } ], "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." } } }