{ "ticker": { "uuid": "dbc807b0-7cfe-46ab-b4e5-4913c8de2ae1", "symbol": "1802", "name": "Taiwan Glass Ind. Corp.", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -30.244, "architecture_energy": 50.538, "architecture_maturity": 6.125, "architecture_confidence": 62.269, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 42.64, "rotation_up": 17.16, "upward_expansion": 18.61, "deceleration": 44.11, "rotation_down": 61.04, "downward_expansion": 55.61 }, "activity_lines": [ 53.173334, 56.8, 61.236667, 61.23828 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 57.900002, "trend_reference": 59.48, "distance_from_trend": -0.026564, "trend_direction": "Improving", "fair_value": 27.739423, "distance_from_fair_value": 1.087282, "fair_value_direction": "Weakening", "relative_strength": -8.475969, "relative_strength_direction": "Weakening", "price_momentum": 0.216387, "excess_performance": -0.224985, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.026564, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.166885, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.087282, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.605838, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.08476, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.373768, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.216387, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.383191, "read": "Demand-led" } ], "volume": { "latest": 135277054, "relative_activity": 0.325164, "balance": 1.383191, "dry_up": 0.316706, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.174904, "annualized_volatility": 0.744719, "from_high_reference": -0.286946, "from_low_reference": 1.458599 }, "levels": { "trend_reference": 59.48, "fair_value_reference": 27.739423, "structural_low": 42.049999, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.033854, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.038564, "regime_survival": 0.4, "best_return": 0.030675, "worst_return": -0.051852, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.098765, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.151031, "regime_survival": 0.0, "best_return": -0.072727, "worst_return": -0.131902, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.059259, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.102455, "regime_survival": 0.0, "best_return": 0.273006, "worst_return": -0.136364, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.150617, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.070606, "regime_survival": 0.0, "best_return": 2.055215, "worst_return": -0.281677, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": 0.12931, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": 0.064433, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2024-12-20", "tenure": "New", "return": -0.133663, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.101796, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.079755, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.201166, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-20", "tenure": "Developing", "return": 0.09507, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.015625, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": 0.477876, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-09-26", "tenure": "Developing", "return": 0.091858, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-11-14", "tenure": "Developing", "return": 0.258993, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-07-10", "tenure": "Extended", "return": 1.003082, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": -0.192579, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": 0.090396, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 21.049999, "volume": 169488563, "typical_volume": 63678313.1, "trend": 20.403333, "fair_value": 20.983602, "relative_strength": -5.066183, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.44993, "energy": 19.234602, "activity_lines": [ 20.369999, 19.697272, 19.409285, 19.729785 ] }, { "date": "2023-08-18", "close": 19.15, "volume": 97964768, "typical_volume": 67746137.3, "trend": 20.29, "fair_value": 21.047842, "relative_strength": -12.464998, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.338828, "energy": 21.813154, "activity_lines": [ 20.189999, 19.655454, 19.377142, 19.648924 ] }, { "date": "2023-08-25", "close": 18.549999, "volume": 43260549, "typical_volume": 69595493.0, "trend": 20.156666, "fair_value": 21.108526, "relative_strength": -15.663776, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.243825, "energy": 18.496315, "activity_lines": [ 19.726666, 19.485454, 19.294523, 19.536666 ] }, { "date": "2023-09-01", "close": 21.65, "volume": 193025031, "typical_volume": 78314527.3, "trend": 20.1, "fair_value": 21.186185, "relative_strength": -2.698549, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.036317, "energy": 20.905026, "activity_lines": [ 20.253333, 19.907272, 19.515238, 19.63301 ] }, { "date": "2023-09-08", "close": 19.65, "volume": 179189914, "typical_volume": 85285473.5, "trend": 20.003333, "fair_value": 21.248995, "relative_strength": -11.336822, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.502049, "energy": 7.247818, "activity_lines": [ 19.99, 19.928181, 19.540476, 19.603978 ] }, { "date": "2023-09-15", "close": 19.35, "volume": 64889632, "typical_volume": 87288671.7, "trend": 19.871667, "fair_value": 21.306986, "relative_strength": -14.472368, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.364481, "energy": 5.663102, "activity_lines": [ 19.77, 19.888181, 19.54119, 19.561828 ] }, { "date": "2023-09-22", "close": 19.35, "volume": 49877937, "typical_volume": 88403711.9, "trend": 19.735, "fair_value": 21.355707, "relative_strength": -11.511857, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.289288, "energy": 4.667244, "activity_lines": [ 19.663333, 19.828182, 19.546428, 19.528172 ] }, { "date": "2023-09-29", "close": 19.1, "volume": 26432057, "typical_volume": 88587557.05, "trend": 19.623333, "fair_value": 21.402825, "relative_strength": -12.654707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.308834, "energy": 9.446161, "activity_lines": [ 19.46, 19.696363, 19.527143, 19.487204 ] }, { "date": "2023-10-06", "close": 19.049999, "volume": 59063799, "typical_volume": 90163455.0, "trend": 19.551666, "fair_value": 21.447885, "relative_strength": -13.580707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.885901, "energy": 17.083643, "activity_lines": [ 19.203333, 19.533636, 19.501428, 19.450215 ] }, { "date": "2023-10-13", "close": 18.75, "volume": 31355424, "typical_volume": 90518941.4, "trend": 19.495, "fair_value": 21.500291, "relative_strength": -15.947588, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.742884, "energy": 25.678406, "activity_lines": [ 19.02, 19.33, 19.446666, 19.398494 ] }, { "date": "2023-10-20", "close": 18.200001, "volume": 30083991, "typical_volume": 90891587.95, "trend": 19.418333, "fair_value": 21.546565, "relative_strength": -16.392635, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.418454, "energy": 35.446954, "activity_lines": [ 18.713333, 19.081818, 19.337381, 19.314946 ] }, { "date": "2023-10-27", "close": 18.65, "volume": 21541655, "typical_volume": 89748478.4, "trend": 19.355, "fair_value": 21.592826, "relative_strength": -12.289333, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.32176, "energy": 35.645735, "activity_lines": [ 18.633333, 18.967273, 19.272619, 19.265376 ] }, { "date": "2023-11-03", "close": 18.85, "volume": 17440208, "typical_volume": 84510215.9, "trend": 19.308333, "fair_value": 21.6395, "relative_strength": -12.760076, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.084715, "energy": 36.027705, "activity_lines": [ 18.666667, 18.898182, 19.224286, 19.232796 ] }, { "date": "2023-11-10", "close": 18.75, "volume": 25428062, "typical_volume": 78611347.1, "trend": 19.246666, "fair_value": 21.685823, "relative_strength": -13.463837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.554453, "energy": 32.143759, "activity_lines": [ 18.683333, 18.805455, 19.172381, 19.196774 ] }, { "date": "2023-11-17", "close": 19.299999, "volume": 20937097, "typical_volume": 74312910.4, "trend": 19.206666, "fair_value": 21.736831, "relative_strength": -12.964981, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.359955, "energy": 14.905562, "activity_lines": [ 18.903333, 18.865454, 19.176905, 19.200215 ] }, { "date": "2023-11-24", "close": 18.950001, "volume": 20677627, "typical_volume": 73505411.0, "trend": 19.161667, "fair_value": 21.779801, "relative_strength": -14.265229, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.369864, "energy": 3.566788, "activity_lines": [ 18.97, 18.868182, 19.148095, 19.183656 ] }, { "date": "2023-12-01", "close": 18.950001, "volume": 18263610, "typical_volume": 73064490.95, "trend": 19.153333, "fair_value": 21.820164, "relative_strength": -14.354355, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.755757, "energy": 3.976362, "activity_lines": [ 18.986667, 18.878182, 19.115952, 19.17 ] }, { "date": "2023-12-08", "close": 18.75, "volume": 20586396, "typical_volume": 73017245.6, "trend": 19.153333, "fair_value": 21.847947, "relative_strength": -14.320775, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.646128, "energy": 15.610064, "activity_lines": [ 18.916667, 18.859091, 19.059762, 19.143978 ] }, { "date": "2023-12-15", "close": 19.049999, "volume": 29225041, "typical_volume": 69542545.75, "trend": 19.156666, "fair_value": 21.870991, "relative_strength": -13.592285, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.823422, "energy": 15.644758, "activity_lines": [ 18.953333, 18.900909, 19.028095, 19.137312 ] }, { "date": "2023-12-22", "close": 18.700001, "volume": 15520596, "typical_volume": 56712597.85, "trend": 19.17, "fair_value": 21.884259, "relative_strength": -13.994324, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.425692, "energy": 25.893712, "activity_lines": [ 18.853334, 18.879091, 18.966667, 19.107849 ] }, { "date": "2023-12-29", "close": 18.950001, "volume": 11313081, "typical_volume": 48803823.75, "trend": 19.183333, "fair_value": 21.906662, "relative_strength": -13.894441, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.238507, "energy": 21.231883, "activity_lines": [ 18.876667, 18.903637, 18.94381, 19.093656 ] }, { "date": "2024-01-05", "close": 18.950001, "volume": 20383446, "typical_volume": 44924757.65, "trend": 19.211667, "fair_value": 21.919215, "relative_strength": -11.285362, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.797895, "energy": 18.353367, "activity_lines": [ 18.900001, 18.914546, 18.930953, 19.078602 ] }, { "date": "2024-01-12", "close": 18.35, "volume": 15763238, "typical_volume": 43549892.1, "trend": 19.153333, "fair_value": 21.931978, "relative_strength": -13.389523, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.343108, "energy": 34.801049, "activity_lines": [ 18.723334, 18.81091, 18.861905, 19.023011 ] }, { "date": "2024-01-19", "close": 17.85, "volume": 17447324, "typical_volume": 34771006.75, "trend": 19.095, "fair_value": 21.933425, "relative_strength": -15.869029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.289727, "energy": 56.014308, "activity_lines": [ 18.406667, 18.625455, 18.746191, 18.938925 ] }, { "date": "2024-01-26", "close": 18.35, "volume": 8463806, "typical_volume": 26234701.35, "trend": 19.063333, "fair_value": 21.945029, "relative_strength": -14.346083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.579643, "energy": 55.926594, "activity_lines": [ 18.336667, 18.547273, 18.696191, 18.89086 ] }, { "date": "2024-02-02", "close": 18.049999, "volume": 7051005, "typical_volume": 23342770.0, "trend": 19.056667, "fair_value": 21.958476, "relative_strength": -15.36965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.562381, "energy": 65.485424, "activity_lines": [ 18.19, 18.431818, 18.62381, 18.825484 ] }, { "date": "2024-02-09", "close": 17.799999, "volume": 3036763, "typical_volume": 21000711.3, "trend": 19.053333, "fair_value": 21.972348, "relative_strength": -16.075593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.478298, "energy": 69.935349, "activity_lines": [ 18.019999, 18.287273, 18.53381, 18.744409 ] }, { "date": "2024-02-16", "close": 18.4, "volume": 5972307, "typical_volume": 19977723.8, "trend": 19.07, "fair_value": 21.997888, "relative_strength": -14.909087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.920161, "energy": 48.107438, "activity_lines": [ 18.126666, 18.272727, 18.508333, 18.702258 ] }, { "date": "2024-02-23", "close": 18.25, "volume": 14030657, "typical_volume": 17726066.7, "trend": 19.018333, "fair_value": 22.016672, "relative_strength": -16.10394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.827691, "energy": 36.105434, "activity_lines": [ 18.18, 18.237273, 18.471905, 18.649355 ] }, { "date": "2024-03-01", "close": 18.049999, "volume": 8413100, "typical_volume": 16578950.5, "trend": 18.893333, "fair_value": 22.026063, "relative_strength": -16.552169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.39124, "energy": 34.908658, "activity_lines": [ 18.139999, 18.18, 18.420238, 18.586882 ] }, { "date": "2024-03-08", "close": 17.799999, "volume": 17224697, "typical_volume": 15935985.8, "trend": 18.785, "fair_value": 22.024293, "relative_strength": -20.618311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.002892, "energy": 36.130877, "activity_lines": [ 18.036666, 18.08909, 18.348095, 18.516344 ] }, { "date": "2024-03-15", "close": 16.950001, "volume": 24425211, "typical_volume": 16080163.6, "trend": 18.711667, "fair_value": 22.01968, "relative_strength": -23.413466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.905923, "energy": 61.268333, "activity_lines": [ 17.666667, 17.864545, 18.196905, 18.397957 ] }, { "date": "2024-03-22", "close": 17.4, "volume": 13145790, "typical_volume": 15865442.7, "trend": 18.673333, "fair_value": 22.012738, "relative_strength": -22.938003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.104131, "energy": 67.348172, "activity_lines": [ 17.503333, 17.758182, 18.096667, 18.313333 ] }, { "date": "2024-03-29", "close": 17.200001, "volume": 9652134, "typical_volume": 15076646.3, "trend": 18.525, "fair_value": 22.012046, "relative_strength": -23.481593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.783687, "energy": 72.58341, "activity_lines": [ 17.34, 17.632727, 17.984286, 18.21828 ] }, { "date": "2024-04-05", "close": 17.200001, "volume": 13460847, "typical_volume": 14702833.8, "trend": 18.443333, "fair_value": 22.010195, "relative_strength": -23.065597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.019519, "energy": 72.296651, "activity_lines": [ 17.246667, 17.519091, 17.879286, 18.132796 ] }, { "date": "2024-04-12", "close": 17.200001, "volume": 15510235, "typical_volume": 14444464.2, "trend": 18.371667, "fair_value": 22.002261, "relative_strength": -23.928656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.43842, "energy": 61.420266, "activity_lines": [ 17.210001, 17.426364, 17.784286, 18.052581 ] }, { "date": "2024-04-19", "close": 16.6, "volume": 21449091, "typical_volume": 14603738.25, "trend": 18.28, "fair_value": 21.983528, "relative_strength": -21.39209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.590186, "energy": 67.95485, "activity_lines": [ 17.013334, 17.24, 17.640476, 17.93828 ] }, { "date": "2024-04-26", "close": 17.0, "volume": 11841079, "typical_volume": 14166472.4, "trend": 18.21, "fair_value": 21.948529, "relative_strength": -21.23039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.6479, "energy": 52.296179, "activity_lines": [ 16.973334, 17.148182, 17.545953, 17.855699 ] }, { "date": "2024-05-03", "close": 17.1, "volume": 9344865, "typical_volume": 13172463.6, "trend": 18.145, "fair_value": 21.895922, "relative_strength": -21.03599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.121199, "energy": 47.020032, "activity_lines": [ 16.993334, 17.1, 17.469286, 17.784086 ] }, { "date": "2024-05-10", "close": 17.200001, "volume": 8202518, "typical_volume": 12806559.7, "trend": 18.093334, "fair_value": 21.810063, "relative_strength": -21.488853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.847254, "energy": 41.993257, "activity_lines": [ 17.053334, 17.09091, 17.411429, 17.723118 ] }, { "date": "2024-05-17", "close": 17.200001, "volume": 11372301, "typical_volume": 12809520.7, "trend": 18.06, "fair_value": 21.725652, "relative_strength": -23.011436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.868618, "energy": 30.359734, "activity_lines": [ 17.113334, 17.097273, 17.360715, 17.665484 ] }, { "date": "2024-05-24", "close": 17.200001, "volume": 30480882, "typical_volume": 13314392.5, "trend": 18.011667, "fair_value": 21.66963, "relative_strength": -23.672339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.886624, "energy": 23.491096, "activity_lines": [ 17.173334, 17.114546, 17.318334, 17.61 ] }, { "date": "2024-05-31", "close": 18.15, "volume": 56343431, "typical_volume": 15343402.15, "trend": 17.988334, "fair_value": 21.614194, "relative_strength": -17.584859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.710671, "energy": 12.01161, "activity_lines": [ 17.510001, 17.300001, 17.374762, 17.618925 ] }, { "date": "2024-06-07", "close": 19.35, "volume": 166009748, "typical_volume": 22771523.35, "trend": 18.008334, "fair_value": 21.550228, "relative_strength": -14.591324, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 40.42375, "energy": 35.434645, "activity_lines": [ 18.17, 17.69, 17.546429, 17.706774 ] }, { "date": "2024-06-14", "close": 19.0, "volume": 62341130, "typical_volume": 25465389.55, "trend": 17.998334, "fair_value": 21.459106, "relative_strength": -18.060818, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.640218, "energy": 45.724274, "activity_lines": [ 18.563334, 17.977273, 17.677619, 17.770753 ] }, { "date": "2024-06-21", "close": 19.6, "volume": 184506365, "typical_volume": 34338157.55, "trend": 18.02, "fair_value": 21.390659, "relative_strength": -17.739496, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.290373, "energy": 61.884369, "activity_lines": [ 19.036667, 18.340909, 17.862857, 17.874086 ] }, { "date": "2024-06-28", "close": 19.35, "volume": 54387904, "typical_volume": 36905714.6, "trend": 18.033334, "fair_value": 21.326403, "relative_strength": -17.543442, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.599159, "energy": 65.512411, "activity_lines": [ 19.266667, 18.615455, 18.016905, 17.959893 ] }, { "date": "2024-07-05", "close": 19.35, "volume": 49250212, "typical_volume": 39069609.85, "trend": 18.053334, "fair_value": 21.25027, "relative_strength": -18.960117, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.503519, "energy": 58.804182, "activity_lines": [ 19.353333, 18.84, 18.163572, 18.044839 ] }, { "date": "2024-07-12", "close": 19.15, "volume": 47843087, "typical_volume": 40760231.35, "trend": 18.056667, "fair_value": 21.156633, "relative_strength": -20.65236, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.449022, "energy": 49.077174, "activity_lines": [ 19.293333, 18.985455, 18.286667, 18.115592 ] }, { "date": "2024-07-19", "close": 18.049999, "volume": 34120633, "typical_volume": 42045608.0, "trend": 18.035, "fair_value": 21.045227, "relative_strength": -21.391817, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.102128, "energy": 28.040557, "activity_lines": [ 18.88, 18.893636, 18.300714, 18.115161 ] }, { "date": "2024-07-26", "close": 17.700001, "volume": 16518941, "typical_volume": 42010320.2, "trend": 17.993333, "fair_value": 20.89218, "relative_strength": -19.772427, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.290238, "energy": 15.580836, "activity_lines": [ 18.413333, 18.722727, 18.281429, 18.093549 ] }, { "date": "2024-08-02", "close": 17.35, "volume": 16367659, "typical_volume": 41607442.6, "trend": 17.94, "fair_value": 20.756511, "relative_strength": -18.83972, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 8.278212, "energy": 17.512064, "activity_lines": [ 17.956667, 18.479091, 18.229286, 18.052043 ] }, { "date": "2024-08-09", "close": 16.200001, "volume": 36149976, "typical_volume": 42757651.9, "trend": 17.868333, "fair_value": 20.637193, "relative_strength": -22.851384, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -34.856332, "energy": 33.881757, "activity_lines": [ 17.25, 18.023637, 18.065715, 17.939785 ] }, { "date": "2024-08-16", "close": 16.15, "volume": 14338554, "typical_volume": 42991972.9, "trend": 17.811667, "fair_value": 20.514918, "relative_strength": -25.464779, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -33.844954, "energy": 43.993158, "activity_lines": [ 16.736667, 17.594546, 17.903095, 17.828925 ] }, { "date": "2024-08-23", "close": 15.85, "volume": 12553770, "typical_volume": 42946619.05, "trend": 17.728333, "fair_value": 20.414735, "relative_strength": -25.612622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.557194, "energy": 67.462667, "activity_lines": [ 16.323334, 17.169091, 17.716905, 17.702366 ] }, { "date": "2024-08-30", "close": 16.5, "volume": 17955003, "typical_volume": 43068857.45, "trend": 17.676667, "fair_value": 20.33102, "relative_strength": -22.072403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.869339, "energy": 68.141299, "activity_lines": [ 16.273333, 16.919091, 17.599048, 17.623118 ] }, { "date": "2024-09-06", "close": 15.45, "volume": 17505120, "typical_volume": 42871658.9, "trend": 17.598334, "fair_value": 20.220366, "relative_strength": -23.476958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.244582, "energy": 73.033893, "activity_lines": [ 15.953333, 16.534546, 17.384524, 17.479463 ] }, { "date": "2024-09-13", "close": 15.6, "volume": 13034956, "typical_volume": 42931352.75, "trend": 17.505, "fair_value": 20.110673, "relative_strength": -23.217327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.684993, "energy": 67.449937, "activity_lines": [ 15.81, 16.248182, 17.189762, 17.350538 ] }, { "date": "2024-09-20", "close": 16.15, "volume": 12448122, "typical_volume": 43086515.6, "trend": 17.435, "fair_value": 20.017392, "relative_strength": -21.205764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.990415, "energy": 55.368492, "activity_lines": [ 15.89, 16.13, 17.054048, 17.263118 ] }, { "date": "2024-09-27", "close": 17.75, "volume": 36981157, "typical_volume": 44525447.55, "trend": 17.425, "fair_value": 19.94579, "relative_strength": -15.228945, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.454256, "energy": 26.588419, "activity_lines": [ 16.503333, 16.357273, 17.075238, 17.283441 ] }, { "date": "2024-10-04", "close": 19.1, "volume": 132055254, "typical_volume": 50559595.2, "trend": 17.468334, "fair_value": 19.890163, "relative_strength": -6.070258, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.809639, "energy": 14.040842, "activity_lines": [ 17.44, 16.835455, 17.222381, 17.391506 ] }, { "date": "2024-10-11", "close": 16.85, "volume": 50065272, "typical_volume": 51538814.7, "trend": 17.465, "fair_value": 19.834756, "relative_strength": -18.647804, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.311892, "energy": 24.253054, "activity_lines": [ 17.453333, 16.879091, 17.146191, 17.351613 ] }, { "date": "2024-10-18", "close": 17.4, "volume": 44346271, "typical_volume": 50938956.7, "trend": 17.465, "fair_value": 19.785218, "relative_strength": -17.444228, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.660957, "energy": 17.670407, "activity_lines": [ 17.556667, 17.031818, 17.124048, 17.347419 ] }, { "date": "2024-10-25", "close": 18.6, "volume": 100148137, "typical_volume": 47645876.15, "trend": 17.511667, "fair_value": 19.741908, "relative_strength": -10.53723, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.456461, "energy": 25.443898, "activity_lines": [ 17.94, 17.380909, 17.219762, 17.420645 ] }, { "date": "2024-11-01", "close": 19.65, "volume": 135386514, "typical_volume": 51298145.35, "trend": 17.593334, "fair_value": 19.70855, "relative_strength": -2.540922, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.497554, "energy": 38.459622, "activity_lines": [ 18.51, 17.876364, 17.419048, 17.558602 ] }, { "date": "2024-11-08", "close": 19.4, "volume": 57997461, "typical_volume": 44972700.15, "trend": 17.666667, "fair_value": 19.673003, "relative_strength": -6.330798, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.704104, "energy": 54.064805, "activity_lines": [ 18.87, 18.257273, 17.591429, 17.675161 ] }, { "date": "2024-11-15", "close": 18.25, "volume": 34154475, "typical_volume": 43961028.7, "trend": 17.721667, "fair_value": 19.62745, "relative_strength": -8.099403, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.45282, "energy": 43.427812, "activity_lines": [ 18.826667, 18.376364, 17.655238, 17.712796 ] }, { "date": "2024-11-22", "close": 20.65, "volume": 153004885, "typical_volume": 49148762.35, "trend": 17.843333, "fair_value": 19.596988, "relative_strength": 3.697133, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.099123, "energy": 66.315399, "activity_lines": [ 19.49, 18.880909, 17.952857, 17.90172 ] }, { "date": "2024-11-29", "close": 20.200001, "volume": 150378028, "typical_volume": 54275509.4, "trend": 17.946667, "fair_value": 19.571255, "relative_strength": 4.777406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.943169, "energy": 56.275815, "activity_lines": [ 19.786667, 19.211818, 18.201429, 18.053764 ] }, { "date": "2024-12-06", "close": 19.15, "volume": 87702042, "typical_volume": 56954579.85, "trend": 18.011667, "fair_value": 19.539378, "relative_strength": -4.116697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.687394, "energy": 38.689793, "activity_lines": [ 19.626667, 19.278182, 18.345, 18.131398 ] }, { "date": "2024-12-13", "close": 18.5, "volume": 83483958, "typical_volume": 60302830.7, "trend": 18.055, "fair_value": 19.502456, "relative_strength": -6.100906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.68308, "energy": 33.331314, "activity_lines": [ 19.283334, 19.200909, 18.421429, 18.162903 ] }, { "date": "2024-12-20", "close": 17.5, "volume": 44742692, "typical_volume": 61721582.35, "trend": 18.065, "fair_value": 19.461466, "relative_strength": -8.577169, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.371293, "energy": 12.993492, "activity_lines": [ 18.666667, 18.952727, 18.39881, 18.127097 ] }, { "date": "2024-12-27", "close": 16.700001, "volume": 57077678, "typical_volume": 62767967.45, "trend": 18.016667, "fair_value": 19.417398, "relative_strength": -14.972997, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.035133, "energy": 16.217094, "activity_lines": [ 17.833334, 18.547273, 18.299286, 18.039032 ] }, { "date": "2025-01-03", "close": 16.0, "volume": 18864932, "typical_volume": 62994286.35, "trend": 17.905, "fair_value": 19.364157, "relative_strength": -16.501324, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.811585, "energy": 30.588559, "activity_lines": [ 17.03, 18.027273, 18.130714, 17.908925 ] }, { "date": "2025-01-10", "close": 15.0, "volume": 29783269, "typical_volume": 63855761.3, "trend": 17.771667, "fair_value": 19.303627, "relative_strength": -21.35634, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.939512, "energy": 58.864532, "activity_lines": [ 16.173334, 17.372727, 17.867619, 17.721506 ] }, { "date": "2025-01-17", "close": 16.299999, "volume": 32228362, "typical_volume": 64569429.25, "trend": 17.661667, "fair_value": 19.258752, "relative_strength": -14.437253, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.277355, "energy": 56.250348, "activity_lines": [ 16.026666, 17.039091, 17.732381, 17.626559 ] }, { "date": "2025-01-24", "close": 16.799999, "volume": 35427224, "typical_volume": 65465534.45, "trend": 17.576667, "fair_value": 19.220597, "relative_strength": -12.602973, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.165006, "energy": 51.89187, "activity_lines": [ 16.193333, 16.852727, 17.645714, 17.570968 ] }, { "date": "2025-02-07", "close": 17.6, "volume": 84992618, "typical_volume": 69063417.55, "trend": 17.518333, "fair_value": 19.190791, "relative_strength": -7.714766, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.764999, "energy": 20.875032, "activity_lines": [ 16.673333, 16.838182, 17.628809, 17.572473 ] }, { "date": "2025-02-14", "close": 17.15, "volume": 66122608, "typical_volume": 71747141.85, "trend": 17.451667, "fair_value": 19.165716, "relative_strength": -8.282021, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.978344, "energy": 5.579388, "activity_lines": [ 16.943333, 16.797273, 17.559524, 17.54871 ] }, { "date": "2025-02-21", "close": 16.799999, "volume": 69213807, "typical_volume": 73358774.35, "trend": 17.41, "fair_value": 19.134882, "relative_strength": -11.750574, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.78805, "energy": 7.844403, "activity_lines": [ 17.019999, 16.748181, 17.452143, 17.506667 ] }, { "date": "2025-02-28", "close": 16.950001, "volume": 94815521, "typical_volume": 71496787.7, "trend": 17.385, "fair_value": 19.10911, "relative_strength": -7.837461, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.934384, "energy": 7.669946, "activity_lines": [ 17.026667, 16.769091, 17.363571, 17.476989 ] }, { "date": "2025-03-07", "close": 16.799999, "volume": 66357710, "typical_volume": 72311409.6, "trend": 17.366667, "fair_value": 19.08267, "relative_strength": -6.250141, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.48867, "energy": 7.683244, "activity_lines": [ 16.94, 16.790909, 17.270952, 17.439247 ] }, { "date": "2025-03-14", "close": 17.700001, "volume": 196942278, "typical_volume": 79941209.95, "trend": 17.416667, "fair_value": 19.061412, "relative_strength": 1.737495, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.812955, "energy": 3.667866, "activity_lines": [ 17.153333, 16.989091, 17.264286, 17.460753 ] }, { "date": "2025-03-21", "close": 17.299999, "volume": 63473647, "typical_volume": 78107485.45, "trend": 17.455, "fair_value": 19.028805, "relative_strength": -1.444186, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.252253, "energy": 13.345774, "activity_lines": [ 17.226666, 17.096363, 17.218095, 17.453226 ] }, { "date": "2025-03-28", "close": 16.950001, "volume": 55727828, "typical_volume": 74124551.15, "trend": 17.491667, "fair_value": 18.988097, "relative_strength": -0.545569, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.237696, "energy": 14.155524, "activity_lines": [ 17.173334, 17.116364, 17.144762, 17.420645 ] }, { "date": "2025-04-04", "close": 16.700001, "volume": 38840395, "typical_volume": 73166697.85, "trend": 17.498333, "fair_value": 18.946958, "relative_strength": -0.456857, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.139577, "energy": 18.400559, "activity_lines": [ 17.026667, 17.055455, 17.060476, 17.36957 ] }, { "date": "2025-04-11", "close": 13.7, "volume": 64386756, "typical_volume": 74678311.9, "trend": 17.44, "fair_value": 18.885416, "relative_strength": -10.625129, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.400842, "energy": 58.794117, "activity_lines": [ 15.896667, 16.441818, 16.703333, 17.124516 ] }, { "date": "2025-04-18", "close": 14.2, "volume": 37210883, "typical_volume": 68888611.8, "trend": 17.393333, "fair_value": 18.829423, "relative_strength": -6.501587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.565922, "energy": 71.180845, "activity_lines": [ 15.14, 15.975455, 16.415476, 16.915484 ] }, { "date": "2025-04-25", "close": 14.15, "volume": 16411406, "typical_volume": 62190280.7, "trend": 17.326667, "fair_value": 18.781016, "relative_strength": -8.761039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.115182, "energy": 77.533358, "activity_lines": [ 14.6, 15.561818, 16.153571, 16.706237 ] }, { "date": "2025-05-02", "close": 14.35, "volume": 15366734, "typical_volume": 58573515.3, "trend": 17.213333, "fair_value": 18.735356, "relative_strength": -11.205563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.188369, "energy": 77.797648, "activity_lines": [ 14.336667, 15.239091, 15.939524, 16.514194 ] }, { "date": "2025-05-09", "close": 14.55, "volume": 25683925, "typical_volume": 55683513.65, "trend": 17.061667, "fair_value": 18.697128, "relative_strength": -10.19333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.015421, "energy": 73.595488, "activity_lines": [ 14.313333, 14.997273, 15.767381, 16.342366 ] }, { "date": "2025-05-16", "close": 14.65, "volume": 15847263, "typical_volume": 54238742.2, "trend": 16.988333, "fair_value": 18.660127, "relative_strength": -13.075298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.936497, "energy": 58.974608, "activity_lines": [ 14.466667, 14.817273, 15.623571, 16.186774 ] }, { "date": "2025-05-23", "close": 14.3, "volume": 20559657, "typical_volume": 52412841.15, "trend": 16.885, "fair_value": 18.631425, "relative_strength": -14.083448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.008254, "energy": 45.843887, "activity_lines": [ 14.44, 14.612727, 15.46, 16.013333 ] }, { "date": "2025-05-30", "close": 15.4, "volume": 178500911, "typical_volume": 60394640.1, "trend": 16.778333, "fair_value": 18.606554, "relative_strength": -5.973603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.912616, "energy": 29.871384, "activity_lines": [ 14.773333, 14.67, 15.412619, 15.917527 ] }, { "date": "2025-06-06", "close": 15.55, "volume": 118055759, "typical_volume": 64808264.6, "trend": 16.641667, "fair_value": 18.579715, "relative_strength": -6.103461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.150489, "energy": 21.623122, "activity_lines": [ 15.073333, 14.789091, 15.382381, 15.83828 ] }, { "date": "2025-06-13", "close": 16.4, "volume": 210343900, "typical_volume": 73714041.5, "trend": 16.541667, "fair_value": 18.554517, "relative_strength": -2.471603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.945251, "energy": 15.675533, "activity_lines": [ 15.576667, 15.088182, 15.430476, 15.822688 ] }, { "date": "2025-06-20", "close": 15.55, "volume": 69338530, "typical_volume": 75409606.8, "trend": 16.451667, "fair_value": 18.525335, "relative_strength": -7.086479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.74173, "energy": 19.822439, "activity_lines": [ 15.673333, 15.238182, 15.397143, 15.75871 ] }, { "date": "2025-06-27", "close": 16.0, "volume": 51021155, "typical_volume": 73711033.65, "trend": 16.296667, "fair_value": 18.508996, "relative_strength": -6.341386, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.340906, "energy": 14.374766, "activity_lines": [ 15.86, 15.436364, 15.412619, 15.72957 ] }, { "date": "2025-07-04", "close": 16.299999, "volume": 58859099, "typical_volume": 73347858.2, "trend": 16.166667, "fair_value": 18.494872, "relative_strength": -4.161897, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.926337, "energy": 13.421406, "activity_lines": [ 16.033333, 15.656363, 15.464286, 15.729785 ] }, { "date": "2025-07-11", "close": 16.25, "volume": 54058354, "typical_volume": 72590085.55, "trend": 16.07, "fair_value": 18.489744, "relative_strength": -5.051175, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.093492, "energy": 19.328377, "activity_lines": [ 16.13, 15.828182, 15.515238, 15.735161 ] }, { "date": "2025-07-18", "close": 16.950001, "volume": 201921114, "typical_volume": 77945365.2, "trend": 16.018333, "fair_value": 18.483654, "relative_strength": -3.451218, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.037123, "energy": 36.609112, "activity_lines": [ 16.413333, 16.092727, 15.635476, 15.791936 ] }, { "date": "2025-07-25", "close": 20.75, "volume": 443983026, "typical_volume": 96826631.0, "trend": 16.126667, "fair_value": 18.50609, "relative_strength": 17.990083, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.321501, "energy": 70.593491, "activity_lines": [ 17.926667, 17.004545, 16.117619, 16.097204 ] }, { "date": "2025-08-01", "close": 25.049999, "volume": 722089819, "typical_volume": 123084008.05, "trend": 16.405, "fair_value": 18.554487, "relative_strength": 41.047135, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 97.377302, "energy": 95.585649, "activity_lines": [ 20.526666, 18.587273, 16.990476, 16.672903 ] }, { "date": "2025-08-08", "close": 23.950001, "volume": 428810744, "typical_volume": 141350862.9, "trend": 16.67, "fair_value": 18.594231, "relative_strength": 30.910319, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.29213, "energy": 95.170943, "activity_lines": [ 22.156667, 19.774546, 17.723571, 17.159677 ] }, { "date": "2025-08-15", "close": 34.0, "volume": 1198046773, "typical_volume": 198466810.15, "trend": 17.303333, "fair_value": 18.701282, "relative_strength": 80.522204, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.03663, "energy": 99.3762, "activity_lines": [ 26.626667, 22.633636, 19.382143, 18.277742 ] }, { "date": "2025-08-22", "close": 32.049999, "volume": 818335191, "typical_volume": 237441549.95, "trend": 17.828333, "fair_value": 18.791346, "relative_strength": 71.581408, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.406658, "energy": 95.209555, "activity_lines": [ 29.263333, 24.802727, 20.773809, 19.22914 ] }, { "date": "2025-08-29", "close": 35.299999, "volume": 108336104, "typical_volume": 239639017.35, "trend": 18.445, "fair_value": 18.901603, "relative_strength": 82.024233, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.545221, "energy": 95.935539, "activity_lines": [ 31.976666, 27.278182, 22.401905, 20.356344 ] }, { "date": "2025-09-05", "close": 27.65, "volume": 260777286, "typical_volume": 250817337.5, "trend": 18.78, "fair_value": 18.962821, "relative_strength": 39.752525, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.034623, "energy": 68.214611, "activity_lines": [ 31.17, 28.003636, 23.198571, 20.950215 ] }, { "date": "2025-09-12", "close": 25.950001, "volume": 641455140, "typical_volume": 282069524.2, "trend": 19.073333, "fair_value": 19.01891, "relative_strength": 25.226037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.7383, "energy": 60.860855, "activity_lines": [ 29.623333, 28.208182, 23.769286, 21.412796 ] }, { "date": "2025-09-19", "close": 26.549999, "volume": 227873957, "typical_volume": 292694885.35, "trend": 19.398333, "fair_value": 19.082372, "relative_strength": 26.640628, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.447909, "energy": 44.885814, "activity_lines": [ 28.143333, 28.346363, 24.340952, 21.895161 ] }, { "date": "2025-09-26", "close": 26.15, "volume": 448625969, "typical_volume": 313841987.55, "trend": 19.705, "fair_value": 19.14359, "relative_strength": 23.870268, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.628833, "energy": 27.070713, "activity_lines": [ 27.026667, 28.224545, 24.816428, 22.330753 ] }, { "date": "2025-10-03", "close": 27.799999, "volume": 314973807, "typical_volume": 328798314.75, "trend": 20.071667, "fair_value": 19.2125, "relative_strength": 25.114767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.872845, "energy": 24.115736, "activity_lines": [ 26.853333, 28.235454, 25.393809, 22.853011 ] }, { "date": "2025-10-10", "close": 31.75, "volume": 553155797, "typical_volume": 355428121.75, "trend": 20.54, "fair_value": 19.304167, "relative_strength": 39.073784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.605765, "energy": 35.438497, "activity_lines": [ 28.496666, 28.836363, 26.284762, 23.606451 ] }, { "date": "2025-10-17", "close": 28.200001, "volume": 316081390, "typical_volume": 362307145.7, "trend": 20.903333, "fair_value": 19.363462, "relative_strength": 22.683449, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.860846, "energy": 34.019303, "activity_lines": [ 28.683333, 28.67, 26.754524, 24.100645 ] }, { "date": "2025-10-24", "close": 27.65, "volume": 125624954, "typical_volume": 362685605.45, "trend": 21.26, "fair_value": 19.425, "relative_strength": 18.572735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.317804, "energy": 34.287896, "activity_lines": [ 28.536667, 28.326364, 27.110952, 24.535914 ] }, { "date": "2025-10-31", "close": 28.0, "volume": 265522248, "typical_volume": 365444522.85, "trend": 21.636667, "fair_value": 19.483013, "relative_strength": 16.57556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.058066, "energy": 32.802199, "activity_lines": [ 28.433333, 28.161818, 27.443095, 24.970753 ] }, { "date": "2025-11-07", "close": 28.85, "volume": 401083613, "typical_volume": 382031777.0, "trend": 22.141667, "fair_value": 19.536218, "relative_strength": 22.143271, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.915834, "energy": 27.282712, "activity_lines": [ 28.49, 28.225455, 27.800952, 25.436129 ] }, { "date": "2025-11-14", "close": 35.0, "volume": 1181867725, "typical_volume": 438574105.5, "trend": 22.835, "fair_value": 19.622756, "relative_strength": 48.041413, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.20166, "energy": 44.184755, "activity_lines": [ 30.526667, 29.524545, 28.68119, 26.265699 ] }, { "date": "2025-11-21", "close": 32.450001, "volume": 664023146, "typical_volume": 468832307.85, "trend": 23.445, "fair_value": 19.682372, "relative_strength": 40.918384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.253449, "energy": 52.432446, "activity_lines": [ 31.496667, 30.226364, 29.228095, 26.886022 ] }, { "date": "2025-11-28", "close": 35.75, "volume": 621191503, "typical_volume": 497188965.3, "trend": 24.158333, "fair_value": 19.761218, "relative_strength": 47.277049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.976273, "energy": 69.840532, "activity_lines": [ 33.283334, 31.41, 30.012381, 27.679892 ] }, { "date": "2025-12-05", "close": 36.450001, "volume": 882894743, "typical_volume": 531237646.75, "trend": 24.888333, "fair_value": 19.84391, "relative_strength": 46.98707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.888585, "energy": 78.812511, "activity_lines": [ 34.763334, 32.553637, 30.770476, 28.472903 ] }, { "date": "2025-12-12", "close": 37.299999, "volume": 979238863, "typical_volume": 558000438.6, "trend": 25.643333, "fair_value": 19.929808, "relative_strength": 47.663688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.993712, "energy": 76.474538, "activity_lines": [ 35.963333, 33.664546, 31.516667, 29.273656 ] }, { "date": "2025-12-19", "close": 33.650002, "volume": 328480721, "typical_volume": 538319983.7, "trend": 26.288333, "fair_value": 19.987821, "relative_strength": 34.439841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.347698, "energy": 58.632831, "activity_lines": [ 35.383334, 33.939091, 31.836429, 29.790215 ] }, { "date": "2025-12-26", "close": 35.099998, "volume": 279817797, "typical_volume": 530870336.35, "trend": 26.945, "fair_value": 20.056731, "relative_strength": 34.716255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.403183, "energy": 45.606296, "activity_lines": [ 35.376666, 34.442727, 32.253333, 30.35871 ] }, { "date": "2026-01-02", "close": 34.75, "volume": 254817834, "typical_volume": 483708889.4, "trend": 27.585, "fair_value": 20.14359, "relative_strength": 28.502249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.478596, "energy": 38.681268, "activity_lines": [ 35.076666, 34.757273, 32.58381, 30.862258 ] }, { "date": "2026-01-09", "close": 35.0, "volume": 365894128, "typical_volume": 461086836.25, "trend": 28.205, "fair_value": 20.231731, "relative_strength": 24.228479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.754301, "energy": 29.154816, "activity_lines": [ 34.926666, 34.988182, 32.934524, 31.340645 ] }, { "date": "2026-01-16", "close": 41.799999, "volume": 551080530, "typical_volume": 483224057.55, "trend": 29.08, "fair_value": 20.357692, "relative_strength": 41.094335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.986364, "energy": 49.048122, "activity_lines": [ 37.14, 36.328182, 33.918809, 32.217742 ] }, { "date": "2026-01-23", "close": 49.799999, "volume": 1314973831, "typical_volume": 535933884.8, "trend": 30.206667, "fair_value": 20.532372, "relative_strength": 62.363709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.25282, "energy": 72.118708, "activity_lines": [ 41.719999, 38.887272, 35.634047, 33.554516 ] }, { "date": "2026-01-30", "close": 48.25, "volume": 119739598, "typical_volume": 509848107.7, "trend": 31.271667, "fair_value": 20.697115, "relative_strength": 54.362741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.591381, "energy": 81.415938, "activity_lines": [ 44.706666, 40.895454, 37.09619, 34.718602 ] }, { "date": "2026-02-06", "close": 47.599998, "volume": 192338982, "typical_volume": 508071358.95, "trend": 32.316667, "fair_value": 20.852564, "relative_strength": 51.394777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.762122, "energy": 80.532224, "activity_lines": [ 46.599999, 42.498181, 38.390238, 35.772043 ] }, { "date": "2026-02-13", "close": 47.049999, "volume": 272894744, "typical_volume": 499284797.7, "trend": 33.32, "fair_value": 21.009615, "relative_strength": 39.737583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.11545, "energy": 78.763896, "activity_lines": [ 47.453332, 43.785454, 39.531666, 36.72258 ] }, { "date": "2026-02-27", "close": 61.099998, "volume": 923040206, "typical_volume": 529688117.65, "trend": 34.665, "fair_value": 21.251923, "relative_strength": 68.899524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.383623, "energy": 86.071413, "activity_lines": [ 52.186665, 47.434544, 41.911666, 38.514838 ] }, { "date": "2026-03-06", "close": 59.099998, "volume": 650004288, "typical_volume": 534530542.2, "trend": 35.8, "fair_value": 21.480449, "relative_strength": 68.939841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.804874, "energy": 72.481077, "activity_lines": [ 54.966665, 50.287271, 43.942618, 40.09129 ] }, { "date": "2026-03-13", "close": 57.700001, "volume": 49118559, "typical_volume": 521182400.65, "trend": 36.925, "fair_value": 21.70641, "relative_strength": 62.96175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.95861, "energy": 67.61544, "activity_lines": [ 56.659999, 52.422726, 45.709999, 41.504193 ] }, { "date": "2026-03-20", "close": 57.599998, "volume": 363043355, "typical_volume": 533053320.7, "trend": 37.711666, "fair_value": 21.939744, "relative_strength": 59.348385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.421542, "energy": 58.949242, "activity_lines": [ 57.689999, 54.12909, 47.32738, 42.838064 ] }, { "date": "2026-03-27", "close": 54.900002, "volume": 400175217, "typical_volume": 539785969.15, "trend": 38.473333, "fair_value": 22.160577, "relative_strength": 51.480904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.869794, "energy": 52.004838, "activity_lines": [ 57.153333, 54.92909, 48.544999, 43.946989 ] }, { "date": "2026-04-03", "close": 52.200001, "volume": 196634336, "typical_volume": 529563505.3, "trend": 39.036666, "fair_value": 22.363782, "relative_strength": 44.345046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.043532, "energy": 41.869574, "activity_lines": [ 55.193334, 54.876363, 49.377381, 44.83258 ] }, { "date": "2026-04-10", "close": 57.700001, "volume": 368172446, "typical_volume": 488878741.35, "trend": 40.038333, "fair_value": 22.601923, "relative_strength": 44.618824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.767205, "energy": 38.404163, "activity_lines": [ 55.660001, 55.634545, 50.622381, 46.036666 ] }, { "date": "2026-04-17", "close": 74.199997, "volume": 1275572261, "typical_volume": 519456197.1, "trend": 41.646666, "fair_value": 22.947756, "relative_strength": 75.040106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.776376, "energy": 51.989645, "activity_lines": [ 61.72, 59.24909, 53.330714, 48.240645 ] }, { "date": "2026-04-24", "close": 65.0, "volume": 932697245, "typical_volume": 535031484.2, "trend": 42.928333, "fair_value": 23.232372, "relative_strength": 42.721735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.31, "energy": 46.85819, "activity_lines": [ 63.613333, 60.719091, 54.964047, 49.747311 ] }, { "date": "2026-05-01", "close": 67.0, "volume": 476205020, "typical_volume": 514696998.05, "trend": 44.29, "fair_value": 23.530449, "relative_strength": 44.733863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.570895, "energy": 59.888266, "activity_lines": [ 65.68, 62.236363, 56.648571, 51.300322 ] }, { "date": "2026-05-08", "close": 68.900002, "volume": 694690779, "typical_volume": 500469593.85, "trend": 45.66, "fair_value": 23.841987, "relative_strength": 37.118688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.084119, "energy": 66.098992, "activity_lines": [ 67.573334, 63.736364, 58.368571, 52.888064 ] }, { "date": "2026-05-15", "close": 65.0, "volume": 402798518, "typical_volume": 504185483.7, "trend": 46.768333, "fair_value": 24.135577, "relative_strength": 28.900818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.255072, "energy": 45.361323, "activity_lines": [ 67.053334, 64.385455, 59.566666, 54.135806 ] }, { "date": "2026-05-22", "close": 70.5, "volume": 339218206, "typical_volume": 507155504.15, "trend": 48.178333, "fair_value": 24.467308, "relative_strength": 34.084349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.257533, "energy": 45.747156, "activity_lines": [ 67.88, 65.927273, 61.139286, 55.666882 ] }, { "date": "2026-05-29", "close": 71.900002, "volume": 900585257, "typical_volume": 539443875.3, "trend": 49.653333, "fair_value": 24.806731, "relative_strength": 27.347535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.608582, "energy": 46.549628, "activity_lines": [ 69.420001, 67.49091, 62.676667, 57.197312 ] }, { "date": "2026-06-05", "close": 67.599998, "volume": 504508840, "typical_volume": 546374610.9, "trend": 50.973333, "fair_value": 25.122756, "relative_strength": 17.440615, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.094663, "energy": 40.43818, "activity_lines": [ 69.066667, 68.012727, 63.627619, 58.355161 ] }, { "date": "2026-06-12", "close": 64.099998, "volume": 220472455, "typical_volume": 529844207.15, "trend": 52.148333, "fair_value": 25.414744, "relative_strength": 12.392883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.140763, "energy": 31.729917, "activity_lines": [ 67.506666, 67.667272, 64.09, 59.202043 ] }, { "date": "2026-06-19", "close": 71.300003, "volume": 364857645, "typical_volume": 482338397.85, "trend": 53.358333, "fair_value": 25.755769, "relative_strength": 17.45485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.642709, "energy": 35.875836, "activity_lines": [ 68.666667, 68.414546, 65.131905, 60.437634 ] }, { "date": "2026-06-26", "close": 66.0, "volume": 520255324, "typical_volume": 502364184.15, "trend": 54.476666, "fair_value": 26.05, "relative_strength": 12.063559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.588925, "energy": 23.197708, "activity_lines": [ 67.64, 67.950909, 65.566667, 61.253226 ] }, { "date": "2026-07-03", "close": 68.800003, "volume": 399111003, "typical_volume": 512702785.2, "trend": 55.578333, "fair_value": 26.365385, "relative_strength": 10.080976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.834474, "energy": 22.11022, "activity_lines": [ 67.846668, 68.145455, 66.183572, 62.177312 ] }, { "date": "2026-07-10", "close": 65.0, "volume": 0, "typical_volume": 499058048.0, "trend": 56.53, "fair_value": 26.658333, "relative_strength": 6.185297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.891946, "energy": 20.201736, "activity_lines": [ 66.993334, 67.580001, 66.337619, 62.785161 ] }, { "date": "2026-07-17", "close": 56.599998, "volume": 197732584, "typical_volume": 462792666.9, "trend": 57.173333, "fair_value": 26.904167, "relative_strength": -2.572485, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.454734, "energy": 7.821899, "activity_lines": [ 63.513333, 65.523637, 65.606191, 62.789677 ] }, { "date": "2026-07-24", "close": 51.0, "volume": 101302247, "typical_volume": 435357564.85, "trend": 57.751666, "fair_value": 27.116346, "relative_strength": -14.723937, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -8.874359, "energy": 18.822999, "activity_lines": [ 58.666667, 62.672727, 64.362857, 62.391398 ] }, { "date": "2026-07-31", "close": 45.700001, "volume": 123146098, "typical_volume": 439058941.8, "trend": 58.105, "fair_value": 27.294551, "relative_strength": -22.823756, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.894282, "energy": 52.78162, "activity_lines": [ 53.406667, 59.112728, 62.653334, 61.613871 ] }, { "date": "2026-08-07", "close": 53.099998, "volume": 167308527, "typical_volume": 429272200.4, "trend": 58.716666, "fair_value": 27.508013, "relative_strength": -12.730779, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.496815, "energy": 50.923481, "activity_lines": [ 51.966666, 57.349091, 61.705714, 61.290968 ] }, { "date": "2026-08-14", "close": 57.900002, "volume": 135277054, "typical_volume": 416027292.25, "trend": 59.48, "fair_value": 27.739423, "relative_strength": -8.475969, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.243755, "energy": 50.538125, "activity_lines": [ 53.173334, 56.8, 61.236667, 61.23828 ] } ], "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." } } }