{ "ticker": { "uuid": "dca7faa0-8a3f-4967-8c96-54fb11036b7e", "symbol": "3357", "name": "TAI-TECH Advanced Electronics Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 90.41, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 1.859, "architecture_energy": 19.796, "architecture_maturity": 57.637, "architecture_confidence": 88.216, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 53.19, "rotation_up": 14.79, "upward_expansion": 41.75, "deceleration": 86.31, "rotation_down": 47.31, "downward_expansion": 38.08 }, "activity_lines": [ 212.3, 233.791102, 243.072966, 227.105029 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 228.5, "trend_reference": 205.771835, "distance_from_trend": 0.110453, "trend_direction": "Improving", "fair_value": 132.075779, "distance_from_fair_value": 0.730067, "fair_value_direction": "Weakening", "relative_strength": -3.862909, "relative_strength_direction": "Weakening", "price_momentum": 0.586574, "excess_performance": 0.145202, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.110453, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.202837, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.730067, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.098366, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038629, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.131816, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.586574, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.990644, "read": "Supply-led" } ], "volume": { "latest": 18044634, "relative_activity": 0.665239, "balance": 0.990644, "dry_up": 0.477649, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.226071, "annualized_volatility": 0.811177, "from_high_reference": -0.374339, "from_low_reference": 1.24573 }, "levels": { "trend_reference": 205.771835, "fair_value_reference": 132.075779, "structural_low": 138.122581, "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": 8, "median_return": -0.01227, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.033281, "regime_survival": 0.625, "best_return": 0.245, "worst_return": -0.052239, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.0375, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.15818, "regime_survival": 0.0, "best_return": 0.190366, "worst_return": -0.061069, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.082151, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.046499, "regime_survival": 0.0, "best_return": 0.748334, "worst_return": -0.072519, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.108883, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.103602, "regime_survival": 0.0, "best_return": 0.295219, "worst_return": -0.077454, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-03-01", "tenure": "Developing", "return": 0.09375, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-08-02", "tenure": "Established", "return": 0.089917, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-11-01", "tenure": "Established", "return": -0.049618, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-08", "end": "2024-11-15", "tenure": "New", "return": -0.036585, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-02-21", "tenure": "Established", "return": 0.020661, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": -0.095134, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-08-08", "tenure": "Established", "return": 0.138344, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-12", "tenure": "Developing", "return": 0.060345, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-12-26", "tenure": "Established", "return": 0.091255, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": 0.05625, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-20", "tenure": "Developing", "return": -0.064706, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-05-08", "tenure": "Developing", "return": 0.22549, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": 0.007965, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-14", "tenure": "New", "return": 0.103865, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 93.121788, "volume": 999000, "typical_volume": 1247700.0, "trend": 92.522706, "fair_value": 89.40601, "relative_strength": 3.636392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.617858, "energy": 37.486598, "activity_lines": [ 101.419472, 100.67603, 96.47417, 95.195187 ] }, { "date": "2023-08-18", "close": 90.850525, "volume": 694000, "typical_volume": 1257350.0, "trend": 93.217471, "fair_value": 89.693192, "relative_strength": 2.279545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.208254, "energy": 14.279135, "activity_lines": [ 97.27063, 99.323925, 96.152807, 95.087304 ] }, { "date": "2023-08-25", "close": 91.759041, "volume": 304000, "typical_volume": 1265750.0, "trend": 93.774205, "fair_value": 89.954325, "relative_strength": 2.517646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.32156, "energy": 20.257786, "activity_lines": [ 94.181715, 98.12683, 95.945871, 94.993212 ] }, { "date": "2023-09-01", "close": 100.844086, "volume": 1460000, "typical_volume": 1295550.0, "trend": 94.44549, "fair_value": 90.23741, "relative_strength": 11.190334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.701108, "energy": 23.421382, "activity_lines": [ 95.544473, 98.531528, 96.621638, 95.449333 ] }, { "date": "2023-09-08", "close": 101.752586, "volume": 890000, "typical_volume": 1309700.0, "trend": 94.927392, "fair_value": 90.524357, "relative_strength": 12.310719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.581248, "energy": 18.457881, "activity_lines": [ 97.482616, 98.919706, 97.345902, 95.920758 ] }, { "date": "2023-09-15", "close": 104.023849, "volume": 1011000, "typical_volume": 1339550.0, "trend": 95.285308, "fair_value": 90.826844, "relative_strength": 12.140285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.948406, "energy": 27.553287, "activity_lines": [ 100.268697, 99.481327, 98.215596, 96.507627 ] }, { "date": "2023-09-22", "close": 102.661102, "volume": 1247000, "typical_volume": 1376700.0, "trend": 95.469423, "fair_value": 91.118143, "relative_strength": 14.224187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.165104, "energy": 34.481257, "activity_lines": [ 101.873725, 99.861248, 98.879922, 96.983484 ] }, { "date": "2023-09-29", "close": 99.481331, "volume": 300000, "typical_volume": 1357800.0, "trend": 95.604601, "fair_value": 91.388079, "relative_strength": 10.267107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.664395, "energy": 34.245683, "activity_lines": [ 101.631458, 99.65477, 99.172317, 97.242317 ] }, { "date": "2023-10-06", "close": 103.115349, "volume": 366000, "typical_volume": 1363450.0, "trend": 95.818122, "fair_value": 91.659243, "relative_strength": 12.645135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.602652, "energy": 42.218628, "activity_lines": [ 102.085711, 100.356797, 99.752783, 97.726882 ] }, { "date": "2023-10-13", "close": 102.206848, "volume": 275000, "typical_volume": 1358900.0, "trend": 96.001359, "fair_value": 91.947141, "relative_strength": 9.472866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.6924, "energy": 34.415586, "activity_lines": [ 102.085712, 100.926678, 100.171391, 98.139057 ] }, { "date": "2023-10-20", "close": 99.027069, "volume": 473000, "typical_volume": 1364200.0, "trend": 96.007284, "fair_value": 92.199454, "relative_strength": 7.84003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.234079, "energy": 23.200629, "activity_lines": [ 100.995503, 100.934936, 100.218195, 98.334264 ] }, { "date": "2023-10-27", "close": 95.393051, "volume": 369000, "typical_volume": 1362950.0, "trend": 95.963395, "fair_value": 92.424059, "relative_strength": 5.502864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.089817, "energy": 10.115905, "activity_lines": [ 99.027074, 100.175095, 99.881377, 98.294637 ] }, { "date": "2023-11-03", "close": 95.847305, "volume": 451000, "typical_volume": 1358150.0, "trend": 95.977439, "fair_value": 92.647653, "relative_strength": 3.262093, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.558716, "energy": 11.231029, "activity_lines": [ 97.694599, 99.415254, 99.563526, 98.287147 ] }, { "date": "2023-11-10", "close": 94.938805, "volume": 545000, "typical_volume": 1353300.0, "trend": 96.046784, "fair_value": 92.867384, "relative_strength": 0.976082, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.965103, "energy": 16.55633, "activity_lines": [ 96.301559, 98.415899, 99.126578, 98.220138 ] }, { "date": "2023-11-17", "close": 94.48455, "volume": 388000, "typical_volume": 1355850.0, "trend": 96.300683, "fair_value": 93.076359, "relative_strength": -2.790312, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.422486, "energy": 35.084449, "activity_lines": [ 95.302204, 97.441321, 98.6269, 98.119349 ] }, { "date": "2023-11-24", "close": 98.118568, "volume": 570000, "typical_volume": 1103050.0, "trend": 96.632923, "fair_value": 93.264006, "relative_strength": 0.174462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.97731, "energy": 23.40145, "activity_lines": [ 96.029008, 97.259619, 98.445199, 98.236632 ] }, { "date": "2023-12-01", "close": 103.569595, "volume": 1486000, "typical_volume": 1065150.0, "trend": 97.146865, "fair_value": 93.494441, "relative_strength": 4.378144, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.370743, "energy": 15.683741, "activity_lines": [ 98.633387, 98.176382, 98.828069, 98.684159 ] }, { "date": "2023-12-08", "close": 103.569595, "volume": 787000, "typical_volume": 871250.0, "trend": 97.689334, "fair_value": 93.692513, "relative_strength": 4.293149, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.532634, "energy": 26.567342, "activity_lines": [ 100.692664, 99.076627, 99.204449, 99.098529 ] }, { "date": "2023-12-15", "close": 104.023849, "volume": 1569000, "typical_volume": 776250.0, "trend": 98.246945, "fair_value": 93.859172, "relative_strength": 2.675805, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.861767, "energy": 39.477358, "activity_lines": [ 102.38854, 99.985132, 99.669516, 99.507207 ] }, { "date": "2023-12-22", "close": 109.02063, "volume": 2544000, "typical_volume": 836400.0, "trend": 98.956852, "fair_value": 94.057861, "relative_strength": 7.6192, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.861967, "energy": 67.299607, "activity_lines": [ 105.144339, 101.785624, 100.614794, 100.202284 ] }, { "date": "2023-12-29", "close": 103.569595, "volume": 1221000, "typical_volume": 847500.0, "trend": 99.370946, "fair_value": 94.221608, "relative_strength": 0.007869, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.374538, "energy": 61.280812, "activity_lines": [ 105.114055, 102.471132, 101.012806, 100.49988 ] }, { "date": "2024-01-05", "close": 100.844086, "volume": 516000, "typical_volume": 838600.0, "trend": 99.722717, "fair_value": 94.410054, "relative_strength": -0.619938, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.889874, "energy": 45.788511, "activity_lines": [ 103.811866, 102.578501, 101.101493, 100.594921 ] }, { "date": "2024-01-12", "close": 100.844086, "volume": 745000, "typical_volume": 860650.0, "trend": 100.117281, "fair_value": 94.601933, "relative_strength": -0.880164, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.319132, "energy": 26.758509, "activity_lines": [ 102.691378, 102.586761, 101.142592, 100.667268 ] }, { "date": "2024-01-19", "close": 101.752586, "volume": 3934086, "typical_volume": 984354.3, "trend": 100.480683, "fair_value": 94.774628, "relative_strength": -1.278681, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.891631, "energy": 15.393072, "activity_lines": [ 102.055423, 102.669352, 101.226953, 100.772771 ] }, { "date": "2024-01-26", "close": 101.752586, "volume": 985000, "typical_volume": 989104.3, "trend": 100.919793, "fair_value": 94.921823, "relative_strength": -3.199221, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.667135, "energy": 6.778744, "activity_lines": [ 101.570887, 102.628056, 101.306988, 100.854829 ] }, { "date": "2024-02-02", "close": 102.661102, "volume": 700000, "typical_volume": 973554.3, "trend": 100.753234, "fair_value": 95.09838, "relative_strength": -2.849618, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.892208, "energy": 14.762533, "activity_lines": [ 101.873725, 102.619799, 101.473548, 100.967172 ] }, { "date": "2024-02-09", "close": 100.844086, "volume": 229000, "typical_volume": 922654.3, "trend": 100.707809, "fair_value": 95.242204, "relative_strength": -4.750938, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.127585, "energy": 12.857557, "activity_lines": [ 101.631457, 102.198583, 101.473548, 100.973033 ] }, { "date": "2024-02-16", "close": 105.386612, "volume": 762000, "typical_volume": 945754.3, "trend": 100.450399, "fair_value": 95.422502, "relative_strength": -3.079475, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.122556, "energy": 23.324114, "activity_lines": [ 102.903365, 102.652836, 101.914822, 101.274892 ] }, { "date": "2024-02-23", "close": 105.386612, "volume": 2384000, "typical_volume": 1046654.3, "trend": 100.465541, "fair_value": 95.536603, "relative_strength": -4.310019, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.550514, "energy": 32.792741, "activity_lines": [ 103.872437, 103.074053, 102.327976, 101.593357 ] }, { "date": "2024-03-01", "close": 111.291893, "volume": 1713000, "typical_volume": 1118554.3, "trend": 100.738092, "fair_value": 95.590487, "relative_strength": 0.881167, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.225955, "energy": 59.01868, "activity_lines": [ 106.567668, 104.544179, 103.292722, 102.291831 ] }, { "date": "2024-03-08", "close": 110.383392, "volume": 3913000, "typical_volume": 1290554.3, "trend": 101.313479, "fair_value": 95.614029, "relative_strength": -4.03203, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.77691, "energy": 64.454062, "activity_lines": [ 108.324112, 105.807828, 104.127682, 102.914109 ] }, { "date": "2024-03-15", "close": 103.115349, "volume": 1162000, "typical_volume": 1330204.3, "trend": 101.722306, "fair_value": 95.644921, "relative_strength": -9.577671, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.111584, "energy": 50.028212, "activity_lines": [ 107.143055, 105.626127, 104.216369, 103.030358 ] }, { "date": "2024-03-22", "close": 107.657875, "volume": 1434000, "typical_volume": 1379354.3, "trend": 102.252268, "fair_value": 95.685317, "relative_strength": -7.870274, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.157151, "energy": 47.380908, "activity_lines": [ 107.324756, 106.229044, 104.700906, 103.413298 ] }, { "date": "2024-03-29", "close": 108.985535, "volume": 1812000, "typical_volume": 1442704.3, "trend": 102.523649, "fair_value": 95.751386, "relative_strength": -6.812789, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.269738, "energy": 35.291082, "activity_lines": [ 107.797593, 106.949467, 105.255645, 103.847703 ] }, { "date": "2024-04-05", "close": 115.118927, "volume": 2632000, "typical_volume": 1554904.3, "trend": 102.969194, "fair_value": 95.75625, "relative_strength": -1.657442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.702952, "energy": 43.120879, "activity_lines": [ 110.074966, 108.653544, 106.327628, 104.660301 ] }, { "date": "2024-04-12", "close": 110.872734, "volume": 1622000, "typical_volume": 1607504.3, "trend": 103.19749, "fair_value": 95.599046, "relative_strength": -6.957113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.88556, "energy": 49.427831, "activity_lines": [ 110.681805, 109.342561, 106.896952, 105.170207 ] }, { "date": "2024-04-19", "close": 103.795753, "volume": 1314000, "typical_volume": 1598904.3, "trend": 103.235312, "fair_value": 95.332732, "relative_strength": -7.423018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.040521, "energy": 29.973365, "activity_lines": [ 108.897028, 108.595552, 106.731544, 105.208805 ] }, { "date": "2024-04-26", "close": 114.175331, "volume": 4592000, "typical_volume": 1789154.3, "trend": 103.725112, "fair_value": 95.005462, "relative_strength": -1.174003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.102034, "energy": 37.0785, "activity_lines": [ 110.526751, 109.682073, 107.553591, 105.914612 ] }, { "date": "2024-05-03", "close": 122.195908, "volume": 6643000, "typical_volume": 2042854.3, "trend": 104.36113, "fair_value": 94.827676, "relative_strength": 4.547496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.053738, "energy": 45.606159, "activity_lines": [ 114.395501, 112.067085, 109.088998, 107.106277 ] }, { "date": "2024-05-10", "close": 118.893318, "volume": 9810000, "typical_volume": 2406154.3, "trend": 104.917346, "fair_value": 94.783181, "relative_strength": -0.174156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.192988, "energy": 43.365331, "activity_lines": [ 116.282697, 113.546003, 110.223339, 108.043837 ] }, { "date": "2024-05-17", "close": 116.534325, "volume": 2586000, "typical_volume": 2474404.3, "trend": 105.500921, "fair_value": 94.81428, "relative_strength": -4.711606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.882335, "energy": 55.527227, "activity_lines": [ 117.131936, 114.457805, 111.086002, 108.79332 ] }, { "date": "2024-05-24", "close": 115.590729, "volume": 1753000, "typical_volume": 2536254.3, "trend": 106.174177, "fair_value": 94.969273, "relative_strength": -6.842158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.596468, "energy": 50.206215, "activity_lines": [ 117.289203, 115.08621, 111.797061, 109.444275 ] }, { "date": "2024-05-31", "close": 122.667709, "volume": 7300000, "typical_volume": 2864004.3, "trend": 107.068191, "fair_value": 95.167181, "relative_strength": 0.574004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.556677, "energy": 43.427148, "activity_lines": [ 119.019132, 116.774512, 113.111897, 110.508374 ] }, { "date": "2024-06-07", "close": 125.970299, "volume": 2779000, "typical_volume": 2806250.0, "trend": 108.102574, "fair_value": 95.297995, "relative_strength": -0.089701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.401036, "energy": 51.572037, "activity_lines": [ 121.283766, 118.79038, 114.637342, 111.727865 ] }, { "date": "2024-06-14", "close": 131.631882, "volume": 3514000, "typical_volume": 2932700.0, "trend": 109.340818, "fair_value": 95.443035, "relative_strength": 1.165856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.389425, "energy": 66.103605, "activity_lines": [ 125.183968, 121.526813, 116.586664, 113.245884 ] }, { "date": "2024-06-21", "close": 129.74469, "volume": 5584000, "typical_volume": 3176900.0, "trend": 110.395022, "fair_value": 95.57843, "relative_strength": -3.59067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.909108, "energy": 68.527944, "activity_lines": [ 127.605868, 123.619884, 118.213971, 114.562263 ] }, { "date": "2024-06-28", "close": 132.57547, "volume": 8649000, "typical_volume": 3597900.0, "trend": 111.361885, "fair_value": 95.700097, "relative_strength": -0.712746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.184382, "energy": 70.176811, "activity_lines": [ 130.090671, 125.884516, 119.981906, 115.99326 ] }, { "date": "2024-07-05", "close": 131.16008, "volume": 3827000, "typical_volume": 3751150.0, "trend": 112.281568, "fair_value": 95.817596, "relative_strength": -3.673968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.687946, "energy": 63.294507, "activity_lines": [ 130.971361, 127.368536, 121.463941, 117.270563 ] }, { "date": "2024-07-12", "close": 130.216492, "volume": 2442000, "typical_volume": 3754050.0, "trend": 113.154656, "fair_value": 95.868821, "relative_strength": -5.660604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.206702, "energy": 47.026429, "activity_lines": [ 130.971363, 128.372182, 122.733379, 118.427655 ] }, { "date": "2024-07-19", "close": 128.801086, "volume": 9920000, "typical_volume": 4164400.0, "trend": 113.814004, "fair_value": 95.8883, "relative_strength": -2.081856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.287046, "energy": 40.456341, "activity_lines": [ 130.216485, 128.972652, 123.749779, 119.437102 ] }, { "date": "2024-07-26", "close": 124.083099, "volume": 2033000, "typical_volume": 4070400.0, "trend": 114.497788, "fair_value": 95.839747, "relative_strength": -2.320242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.878391, "energy": 28.279315, "activity_lines": [ 128.077663, 128.535165, 124.23347, 120.099624 ] }, { "date": "2024-08-02", "close": 120.308716, "volume": 2062000, "typical_volume": 4115400.0, "trend": 115.146609, "fair_value": 95.779595, "relative_strength": -3.003156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.035644, "energy": 17.626928, "activity_lines": [ 125.058153, 127.274177, 124.292459, 120.474523 ] }, { "date": "2024-08-09", "close": 123.611305, "volume": 9789000, "typical_volume": 4533150.0, "trend": 115.905516, "fair_value": 95.715421, "relative_strength": 0.394455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.482739, "energy": 17.843511, "activity_lines": [ 123.95729, 126.527877, 124.584108, 121.020632 ] }, { "date": "2024-08-16", "close": 127.385689, "volume": 2710000, "typical_volume": 4578050.0, "trend": 116.759953, "fair_value": 95.685518, "relative_strength": -0.666529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.967936, "energy": 17.615827, "activity_lines": [ 124.617806, 126.450673, 125.159252, 121.761288 ] }, { "date": "2024-08-23", "close": 131.631882, "volume": 5404000, "typical_volume": 4716650.0, "trend": 117.755929, "fair_value": 95.753375, "relative_strength": 3.40133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.60114, "energy": 19.656889, "activity_lines": [ 126.882441, 127.11977, 126.051177, 122.720768 ] }, { "date": "2024-08-30", "close": 132.103683, "volume": 1861000, "typical_volume": 4728600.0, "trend": 118.737349, "fair_value": 95.87968, "relative_strength": 3.302762, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.249371, "energy": 30.909865, "activity_lines": [ 129.115622, 127.874648, 126.909401, 123.646429 ] }, { "date": "2024-09-06", "close": 126.442093, "volume": 3399000, "typical_volume": 4832850.0, "trend": 119.590616, "fair_value": 95.957096, "relative_strength": 2.799999, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.689293, "energy": 28.143793, "activity_lines": [ 128.926902, 127.557256, 127.127327, 124.14351 ] }, { "date": "2024-09-13", "close": 122.667709, "volume": 1151000, "typical_volume": 4660800.0, "trend": 120.166652, "fair_value": 96.005279, "relative_strength": -1.587467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.347244, "energy": 17.787159, "activity_lines": [ 127.071161, 126.665128, 126.877948, 124.342032 ] }, { "date": "2024-09-20", "close": 122.195908, "volume": 656000, "typical_volume": 4361450.0, "trend": 120.726962, "fair_value": 96.063034, "relative_strength": -3.486159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.593491, "energy": 7.161044, "activity_lines": [ 125.12106, 125.841625, 126.543196, 124.472951 ] }, { "date": "2024-09-27", "close": 123.139503, "volume": 935000, "typical_volume": 3917700.0, "trend": 121.121882, "fair_value": 96.157069, "relative_strength": -5.348759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.524724, "energy": 11.688883, "activity_lines": [ 123.831476, 125.335513, 126.298309, 124.628599 ] }, { "date": "2024-10-04", "close": 119.836914, "volume": 439000, "typical_volume": 3810350.0, "trend": 121.437, "fair_value": 96.237492, "relative_strength": -5.462342, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.242366, "energy": 12.540419, "activity_lines": [ 122.007188, 124.331869, 125.718671, 124.545698 ] }, { "date": "2024-10-11", "close": 123.139503, "volume": 936000, "typical_volume": 3769500.0, "trend": 122.104472, "fair_value": 96.432298, "relative_strength": -5.168654, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -12.666958, "energy": 19.65226, "activity_lines": [ 122.101547, 124.005898, 125.437838, 124.655537 ] }, { "date": "2024-10-18", "close": 120.78051, "volume": 1057000, "typical_volume": 3457350.0, "trend": 122.541893, "fair_value": 96.601905, "relative_strength": -9.032776, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.523834, "energy": 24.762412, "activity_lines": [ 121.629748, 123.199551, 124.896393, 124.57012 ] }, { "date": "2024-10-25", "close": 121.252312, "volume": 705000, "typical_volume": 3353650.0, "trend": 122.950785, "fair_value": 96.787133, "relative_strength": -7.909167, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.730145, "energy": 27.231554, "activity_lines": [ 121.441029, 122.530456, 124.408868, 124.486921 ] }, { "date": "2024-11-01", "close": 117.477921, "volume": 887000, "typical_volume": 3222300.0, "trend": 123.029418, "fair_value": 96.93557, "relative_strength": -8.346731, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.614228, "energy": 32.850947, "activity_lines": [ 120.057087, 121.286623, 123.584344, 124.133833 ] }, { "date": "2024-11-08", "close": 116.062523, "volume": 1092000, "typical_volume": 2997700.0, "trend": 123.202411, "fair_value": 97.037145, "relative_strength": -12.196704, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.764424, "energy": 49.433119, "activity_lines": [ 118.578784, 120.042789, 122.692419, 123.684356 ] }, { "date": "2024-11-15", "close": 111.81633, "volume": 1108000, "typical_volume": 2620650.0, "trend": 123.469764, "fair_value": 97.119058, "relative_strength": -12.219466, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.526489, "energy": 71.697164, "activity_lines": [ 115.936709, 118.318579, 121.461249, 122.94977 ] }, { "date": "2024-11-22", "close": 114.175331, "volume": 1231379, "typical_volume": 2490868.95, "trend": 123.469764, "fair_value": 97.218612, "relative_strength": -10.788146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.801459, "energy": 71.313592, "activity_lines": [ 114.835847, 117.2892, 120.553598, 122.350129 ] }, { "date": "2024-11-29", "close": 111.81633, "volume": 2033000, "typical_volume": 2470418.95, "trend": 123.123778, "fair_value": 97.265256, "relative_strength": -9.828122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.583473, "energy": 73.005722, "activity_lines": [ 113.388995, 115.985319, 119.50216, 121.598295 ] }, { "date": "2024-12-06", "close": 113.703529, "volume": 1470000, "typical_volume": 2047918.95, "trend": 122.950785, "fair_value": 97.344151, "relative_strength": -11.664142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.930069, "energy": 66.95748, "activity_lines": [ 113.200276, 115.213285, 118.718076, 120.990537 ] }, { "date": "2024-12-13", "close": 112.288132, "volume": 1333000, "typical_volume": 2012918.95, "trend": 122.809245, "fair_value": 97.411454, "relative_strength": -11.800907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.927363, "energy": 55.645153, "activity_lines": [ 112.791384, 114.355469, 117.871085, 120.302624 ] }, { "date": "2024-12-20", "close": 108.985535, "volume": 1314000, "typical_volume": 1975518.95, "trend": 122.589072, "fair_value": 97.447509, "relative_strength": -12.040511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.622919, "energy": 57.937235, "activity_lines": [ 111.533252, 113.034431, 116.765727, 119.410772 ] }, { "date": "2024-12-27", "close": 114.647133, "volume": 994000, "typical_volume": 1535768.95, "trend": 122.32172, "fair_value": 97.545049, "relative_strength": -10.247345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.106023, "energy": 41.987131, "activity_lines": [ 112.351039, 113.00012, 116.253489, 118.898388 ] }, { "date": "2025-01-03", "close": 113.703529, "volume": 973000, "typical_volume": 1448918.95, "trend": 121.912827, "fair_value": 97.628983, "relative_strength": -9.306589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.932197, "energy": 37.554255, "activity_lines": [ 112.822838, 112.90576, 115.69407, 118.342376 ] }, { "date": "2025-01-10", "close": 109.929138, "volume": 1281000, "typical_volume": 1242768.95, "trend": 121.189402, "fair_value": 97.676125, "relative_strength": -12.409743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.581558, "energy": 40.432271, "activity_lines": [ 111.910694, 112.262398, 114.840339, 117.569235 ] }, { "date": "2025-01-17", "close": 105.211151, "volume": 818000, "typical_volume": 1190618.95, "trend": 120.371618, "fair_value": 97.685466, "relative_strength": -16.305333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.924279, "energy": 46.39901, "activity_lines": [ 109.677513, 110.898471, 113.640622, 116.53838 ] }, { "date": "2025-01-24", "close": 107.570145, "volume": 386000, "typical_volume": 1039968.95, "trend": 119.538107, "fair_value": 97.737641, "relative_strength": -15.477425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.886722, "energy": 45.687259, "activity_lines": [ 108.702462, 110.160749, 112.793631, 115.712478 ] }, { "date": "2025-02-07", "close": 113.703529, "volume": 1017066, "typical_volume": 1033272.25, "trend": 118.956222, "fair_value": 97.836691, "relative_strength": -10.210165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.38866, "energy": 38.151323, "activity_lines": [ 109.866232, 110.615391, 112.620638, 115.336054 ] }, { "date": "2025-02-14", "close": 114.647133, "volume": 1672776, "typical_volume": 1084111.05, "trend": 118.437243, "fair_value": 97.969501, "relative_strength": -7.987871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.639114, "energy": 26.241386, "activity_lines": [ 111.407444, 111.250177, 112.580199, 115.058048 ] }, { "date": "2025-02-21", "close": 116.534325, "volume": 720378, "typical_volume": 1073379.95, "trend": 118.028351, "fair_value": 98.094254, "relative_strength": -8.503718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.120896, "energy": 15.49723, "activity_lines": [ 113.514812, 112.176618, 112.755439, 114.935279 ] }, { "date": "2025-02-28", "close": 118.421516, "volume": 920000, "typical_volume": 1097429.95, "trend": 117.839632, "fair_value": 98.223547, "relative_strength": -4.13932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.206075, "energy": 14.914534, "activity_lines": [ 115.810899, 113.394717, 113.141864, 114.960645 ] }, { "date": "2025-03-07", "close": 114.647133, "volume": 755501, "typical_volume": 1088405.0, "trend": 117.650912, "fair_value": 98.348799, "relative_strength": -4.960817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.238574, "energy": 17.183301, "activity_lines": [ 115.968167, 113.815048, 113.175565, 114.754677 ] }, { "date": "2025-03-14", "close": 113.703529, "volume": 783885, "typical_volume": 1074749.25, "trend": 117.320653, "fair_value": 98.457926, "relative_strength": -2.993479, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.373919, "energy": 13.911084, "activity_lines": [ 115.339101, 113.960876, 113.159838, 114.500007 ] }, { "date": "2025-03-21", "close": 116.494843, "volume": 1148314, "typical_volume": 1096914.95, "trend": 116.957625, "fair_value": 98.607619, "relative_strength": -1.693056, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.505885, "energy": 10.443856, "activity_lines": [ 115.640472, 114.631372, 113.443651, 114.446729 ] }, { "date": "2025-03-28", "close": 109.12175, "volume": 635337, "typical_volume": 1084331.8, "trend": 116.207287, "fair_value": 98.697452, "relative_strength": -5.23847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.275488, "energy": 18.508041, "activity_lines": [ 113.360966, 113.910555, 113.047919, 113.941189 ] }, { "date": "2025-04-04", "close": 107.155594, "volume": 651250, "typical_volume": 1062294.3, "trend": 115.375684, "fair_value": 98.769643, "relative_strength": -5.499169, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.427319, "energy": 28.990034, "activity_lines": [ 110.920246, 112.846935, 112.504725, 113.357209 ] }, { "date": "2025-04-11", "close": 90.246643, "volume": 1820278, "typical_volume": 1097908.2, "trend": 114.169169, "fair_value": 98.741001, "relative_strength": -12.872845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.880515, "energy": 72.123694, "activity_lines": [ 103.59427, 108.673606, 110.393569, 111.73598 ] }, { "date": "2025-04-18", "close": 91.426331, "volume": 564116, "typical_volume": 1064545.05, "trend": 113.12779, "fair_value": 98.72496, "relative_strength": -10.920903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.546452, "energy": 83.200983, "activity_lines": [ 98.288223, 105.029739, 108.497477, 110.2687 ] }, { "date": "2025-04-25", "close": 91.524635, "volume": 700038, "typical_volume": 997896.95, "trend": 112.105414, "fair_value": 98.742299, "relative_strength": -12.743596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.063092, "energy": 84.932289, "activity_lines": [ 94.500091, 101.808786, 106.719076, 108.874948 ] }, { "date": "2025-05-02", "close": 95.850189, "volume": 737477, "typical_volume": 961270.8, "trend": 111.195771, "fair_value": 98.782328, "relative_strength": -12.301747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.53299, "energy": 81.353134, "activity_lines": [ 93.818491, 99.794706, 105.449259, 107.826224 ] }, { "date": "2025-05-09", "close": 98.307884, "volume": 1884803, "typical_volume": 988860.95, "trend": 110.478136, "fair_value": 98.891016, "relative_strength": -10.170486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.476372, "energy": 71.563318, "activity_lines": [ 94.840892, 98.603554, 104.498525, 106.994748 ] }, { "date": "2025-05-16", "close": 104.697899, "volume": 839935, "typical_volume": 965157.7, "trend": 109.863416, "fair_value": 99.012954, "relative_strength": -8.078447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.813024, "energy": 40.673229, "activity_lines": [ 98.583147, 98.939926, 104.222936, 106.621829 ] }, { "date": "2025-05-23", "close": 100.765579, "volume": 387057, "typical_volume": 934810.55, "trend": 109.196252, "fair_value": 99.132358, "relative_strength": -10.475286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.188252, "energy": 25.861335, "activity_lines": [ 100.05121, 98.742226, 103.593258, 106.034872 ] }, { "date": "2025-05-30", "close": 103.223274, "volume": 322098, "typical_volume": 902265.45, "trend": 108.595284, "fair_value": 99.249882, "relative_strength": -6.800863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.11473, "energy": 22.536616, "activity_lines": [ 101.715889, 99.226615, 103.263748, 105.649518 ] }, { "date": "2025-06-06", "close": 100.765579, "volume": 459053, "typical_volume": 861168.1, "trend": 108.038206, "fair_value": 99.351651, "relative_strength": -9.955174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.039533, "energy": 21.719614, "activity_lines": [ 101.781427, 99.505452, 102.750078, 105.144376 ] }, { "date": "2025-06-13", "close": 95.162033, "volume": 1071024, "typical_volume": 873819.3, "trend": 107.341523, "fair_value": 99.407423, "relative_strength": -16.097506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.579594, "energy": 26.532147, "activity_lines": [ 99.651424, 98.917392, 101.746374, 104.313655 ] }, { "date": "2025-06-20", "close": 93.785721, "volume": 423001, "typical_volume": 875669.35, "trend": 106.740502, "fair_value": 99.46193, "relative_strength": -16.711759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.19587, "energy": 36.343251, "activity_lines": [ 97.272373, 98.297159, 100.659444, 103.439088 ] }, { "date": "2025-06-27", "close": 94.572182, "volume": 541531, "typical_volume": 851892.6, "trend": 106.087064, "fair_value": 99.55423, "relative_strength": -17.569008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.05996, "energy": 43.744536, "activity_lines": [ 95.882955, 97.755571, 99.713056, 102.654035 ] }, { "date": "2025-07-04", "close": 93.785721, "volume": 336384, "typical_volume": 785073.0, "trend": 105.486044, "fair_value": 99.661138, "relative_strength": -17.638681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.60272, "energy": 54.945754, "activity_lines": [ 94.644276, 97.013794, 98.782869, 101.8604 ] }, { "date": "2025-07-11", "close": 92.016174, "volume": 396014, "typical_volume": 768854.8, "trend": 104.763132, "fair_value": 99.823715, "relative_strength": -19.448301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.346153, "energy": 71.254195, "activity_lines": [ 93.444918, 95.90917, 97.783493, 100.991376 ] }, { "date": "2025-07-18", "close": 94.178955, "volume": 341120, "typical_volume": 739910.8, "trend": 104.159493, "fair_value": 99.979757, "relative_strength": -19.345977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.735098, "energy": 61.967371, "activity_lines": [ 93.549781, 95.267488, 97.10685, 100.308526 ] }, { "date": "2025-07-25", "close": 93.294182, "volume": 332405, "typical_volume": 718756.0, "trend": 103.636448, "fair_value": 100.143295, "relative_strength": -19.531658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.940023, "energy": 56.774926, "activity_lines": [ 93.425258, 94.54001, 96.461383, 99.607538 ] }, { "date": "2025-08-01", "close": 93.195876, "volume": 312590, "typical_volume": 695191.25, "trend": 102.921406, "fair_value": 100.258472, "relative_strength": -19.346179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.158036, "energy": 50.140782, "activity_lines": [ 93.300736, 94.001998, 95.908235, 98.933953 ] }, { "date": "2025-08-08", "close": 102.731735, "volume": 1428538, "typical_volume": 709202.45, "trend": 102.555679, "fair_value": 100.433131, "relative_strength": -12.829454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.316776, "energy": 15.33478, "activity_lines": [ 96.446587, 95.33541, 96.360919, 98.921716 ] }, { "date": "2025-08-15", "close": 114.037148, "volume": 4082152, "typical_volume": 881543.2, "trend": 102.692613, "fair_value": 100.679712, "relative_strength": -4.079166, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.233268, "energy": 34.667004, "activity_lines": [ 102.764508, 98.733289, 97.955848, 99.662456 ] }, { "date": "2025-08-22", "close": 119.444077, "volume": 2499683, "typical_volume": 973964.85, "trend": 103.167044, "fair_value": 100.952175, "relative_strength": 3.152127, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.216006, "energy": 64.393865, "activity_lines": [ 109.416674, 102.872944, 100.042315, 100.743195 ] }, { "date": "2025-08-29", "close": 121.901779, "volume": 3440045, "typical_volume": 1054953.2, "trend": 103.644765, "fair_value": 101.226128, "relative_strength": 3.610969, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.069061, "energy": 81.556927, "activity_lines": [ 115.203733, 107.017963, 102.304333, 101.951888 ] }, { "date": "2025-09-05", "close": 119.935616, "volume": 1216237, "typical_volume": 1087559.25, "trend": 103.852501, "fair_value": 101.494062, "relative_strength": 1.267168, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.483951, "energy": 80.439832, "activity_lines": [ 118.428231, 110.294296, 104.228359, 103.00291 ] }, { "date": "2025-09-12", "close": 120.918694, "volume": 1560402, "typical_volume": 1130577.45, "trend": 104.061553, "fair_value": 101.774331, "relative_strength": -1.378723, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.32381, "energy": 89.682856, "activity_lines": [ 120.197772, 113.288217, 106.110252, 104.103955 ] }, { "date": "2025-09-19", "close": 129.274872, "volume": 3235509, "typical_volume": 1255479.05, "trend": 104.486238, "fair_value": 102.108166, "relative_strength": 5.254315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.278663, "energy": 94.213681, "activity_lines": [ 123.540241, 117.308117, 108.648001, 105.730621 ] }, { "date": "2025-09-26", "close": 125.834091, "volume": 4596674, "typical_volume": 1391072.6, "trend": 104.733324, "fair_value": 102.41007, "relative_strength": 2.689846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.614021, "energy": 83.462539, "activity_lines": [ 124.719936, 120.024989, 110.69889, 107.107902 ] }, { "date": "2025-10-03", "close": 131.732559, "volume": 3653994, "typical_volume": 1531775.55, "trend": 105.302838, "fair_value": 102.787639, "relative_strength": 2.955672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.139319, "energy": 70.75338, "activity_lines": [ 127.439785, 123.238762, 113.180462, 108.849788 ] }, { "date": "2025-10-10", "close": 140.08873, "volume": 12782192, "typical_volume": 2151532.3, "trend": 106.182345, "fair_value": 103.257176, "relative_strength": 7.422088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.164848, "energy": 73.1449, "activity_lines": [ 132.28964, 127.27296, 116.329122, 111.094039 ] }, { "date": "2025-10-17", "close": 141.071808, "volume": 10336102, "typical_volume": 2652232.5, "trend": 107.001577, "fair_value": 103.727528, "relative_strength": 8.265625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.119166, "energy": 70.143097, "activity_lines": [ 136.123646, 130.633301, 119.384156, 113.344972 ] }, { "date": "2025-10-24", "close": 160.241852, "volume": 29207500, "typical_volume": 4089654.85, "trend": 108.70558, "fair_value": 104.345453, "relative_strength": 21.618693, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.705841, "energy": 75.524401, "activity_lines": [ 145.004126, 136.782013, 124.084678, 116.779829 ] }, { "date": "2025-10-31", "close": 147.953369, "volume": 11276921, "typical_volume": 4599949.7, "trend": 110.065506, "fair_value": 104.887349, "relative_strength": 9.482901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.784203, "energy": 66.196322, "activity_lines": [ 147.72398, 139.856369, 127.331647, 119.311944 ] }, { "date": "2025-11-07", "close": 136.647964, "volume": 6573468, "typical_volume": 4907473.05, "trend": 111.612217, "fair_value": 105.367747, "relative_strength": 3.334526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.611427, "energy": 59.673624, "activity_lines": [ 145.200747, 140.356847, 129.250524, 121.026941 ] }, { "date": "2025-11-14", "close": 159.750305, "volume": 19015128, "typical_volume": 5831152.9, "trend": 113.889683, "fair_value": 105.973194, "relative_strength": 21.483045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.239229, "energy": 65.65027, "activity_lines": [ 150.0506, 144.789638, 133.165518, 124.132624 ] }, { "date": "2025-11-21", "close": 153.360306, "volume": 26754542, "typical_volume": 7152060.8, "trend": 115.950872, "fair_value": 106.520125, "relative_strength": 20.443278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.733114, "energy": 55.060653, "activity_lines": [ 151.459682, 147.336707, 136.161569, 126.679116 ] }, { "date": "2025-11-28", "close": 158.275696, "volume": 14099116, "typical_volume": 7837215.9, "trend": 118.031722, "fair_value": 107.093078, "relative_strength": 18.589992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.36973, "energy": 55.03806, "activity_lines": [ 153.687994, 150.187636, 139.342063, 129.40975 ] }, { "date": "2025-12-05", "close": 148.936447, "volume": 7494216, "typical_volume": 8194870.7, "trend": 119.719341, "fair_value": 107.604519, "relative_strength": 10.04751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.276712, "energy": 50.145261, "activity_lines": [ 152.934301, 150.813233, 141.317584, 131.403603 ] }, { "date": "2025-12-12", "close": 150.411057, "volume": 7038575, "typical_volume": 8530179.2, "trend": 121.243113, "fair_value": 108.108953, "relative_strength": 10.092364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.288226, "energy": 43.251569, "activity_lines": [ 152.606605, 151.286897, 143.172793, 133.383714 ] }, { "date": "2025-12-19", "close": 143.037964, "volume": 3990997, "typical_volume": 8714099.55, "trend": 122.652192, "fair_value": 108.568319, "relative_strength": 6.470872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.113541, "energy": 31.52743, "activity_lines": [ 148.903672, 150.08039, 144.053819, 134.789833 ] }, { "date": "2025-12-26", "close": 141.071808, "volume": 2298815, "typical_volume": 8757613.4, "trend": 123.91381, "fair_value": 109.014532, "relative_strength": 1.806353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.284324, "energy": 21.057214, "activity_lines": [ 145.65951, 148.462777, 144.510248, 135.978196 ] }, { "date": "2026-01-02", "close": 157.292618, "volume": 7173664, "typical_volume": 8912189.0, "trend": 125.798045, "fair_value": 109.583378, "relative_strength": 10.252814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.794358, "energy": 26.34981, "activity_lines": [ 148.641518, 149.794403, 146.328944, 138.131667 ] }, { "date": "2026-01-09", "close": 157.292618, "volume": 24620935, "typical_volume": 10018251.6, "trend": 127.869064, "fair_value": 110.147835, "relative_strength": 6.737301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.256913, "energy": 30.5968, "activity_lines": [ 151.689065, 151.179651, 147.941662, 140.163575 ] }, { "date": "2026-01-16", "close": 166.14032, "volume": 21310782, "typical_volume": 10911788.45, "trend": 130.280884, "fair_value": 110.765168, "relative_strength": 8.502154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.30987, "energy": 42.040026, "activity_lines": [ 157.128767, 154.003768, 150.216787, 142.632688 ] }, { "date": "2026-01-23", "close": 167.123398, "volume": 23019642, "typical_volume": 12001958.7, "trend": 132.699258, "fair_value": 111.387706, "relative_strength": 6.967891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.978127, "energy": 60.005042, "activity_lines": [ 161.847545, 156.470401, 152.374878, 145.009625 ] }, { "date": "2026-01-30", "close": 152.868759, "volume": 11102546, "typical_volume": 12479065.9, "trend": 134.668693, "fair_value": 111.886499, "relative_strength": -2.542647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.821091, "energy": 49.853463, "activity_lines": [ 160.20908, 156.211226, 152.950682, 146.310883 ] }, { "date": "2026-02-06", "close": 144.021057, "volume": 5499601, "typical_volume": 12592270.5, "trend": 136.402189, "fair_value": 112.292367, "relative_strength": -7.258405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.955444, "energy": 28.740332, "activity_lines": [ 154.834918, 154.352315, 152.531704, 146.914261 ] }, { "date": "2026-02-13", "close": 147.953369, "volume": 2241288, "typical_volume": 12474501.2, "trend": 138.194669, "fair_value": 112.6812, "relative_strength": -9.698729, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.296997, "energy": 16.10831, "activity_lines": [ 151.656298, 153.467545, 152.417012, 147.659499 ] }, { "date": "2026-02-27", "close": 180.394974, "volume": 16020545, "typical_volume": 13092828.75, "trend": 141.098029, "fair_value": 113.239588, "relative_strength": 4.402799, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.36402, "energy": 35.443007, "activity_lines": [ 159.914162, 158.499122, 155.286666, 150.382099 ] }, { "date": "2026-03-06", "close": 156.801071, "volume": 28564953, "typical_volume": 13881966.8, "trend": 143.218202, "fair_value": 113.622046, "relative_strength": -4.172562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.85744, "energy": 23.991836, "activity_lines": [ 159.357082, 158.695737, 155.677557, 151.395198 ] }, { "date": "2026-03-13", "close": 159.258774, "volume": 14683710, "typical_volume": 14099347.2, "trend": 145.102437, "fair_value": 114.031231, "relative_strength": -1.969999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.088946, "energy": 27.739258, "activity_lines": [ 160.307391, 159.088969, 156.222932, 152.430074 ] }, { "date": "2026-03-20", "close": 156.30954, "volume": 21732883, "typical_volume": 13725616.35, "trend": 146.511516, "fair_value": 114.413281, "relative_strength": -4.00129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.582428, "energy": 27.829586, "activity_lines": [ 159.848622, 158.615304, 156.400822, 153.153113 ] }, { "date": "2026-03-27", "close": 150.411057, "volume": 6974885, "typical_volume": 13510514.55, "trend": 147.543749, "fair_value": 114.75752, "relative_strength": -6.159356, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.962848, "energy": 10.896008, "activity_lines": [ 156.604459, 157.087062, 156.035678, 153.404696 ] }, { "date": "2026-04-03", "close": 138.61412, "volume": 4666113, "typical_volume": 13415146.8, "trend": 148.100827, "fair_value": 115.012423, "relative_strength": -11.80647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.221169, "energy": 8.824678, "activity_lines": [ 149.264138, 153.539042, 154.535313, 152.828591 ] }, { "date": "2026-04-10", "close": 151.394135, "volume": 4358923, "typical_volume": 12682336.55, "trend": 149.149444, "fair_value": 115.362964, "relative_strength": -11.145747, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.970278, "energy": 13.233173, "activity_lines": [ 148.969212, 152.815137, 154.242729, 153.041063 ] }, { "date": "2026-04-17", "close": 177.937271, "volume": 26744783, "typical_volume": 12681848.6, "trend": 151.050064, "fair_value": 115.891882, "relative_strength": 0.412677, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.395379, "energy": 21.661238, "activity_lines": [ 157.882461, 157.203244, 156.517855, 154.898342 ] }, { "date": "2026-04-24", "close": 166.631866, "volume": 20974994, "typical_volume": 13025642.5, "trend": 152.295297, "fair_value": 116.364789, "relative_strength": -10.952689, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.759927, "energy": 26.555955, "activity_lines": [ 161.782008, 159.080031, 157.599242, 155.903619 ] }, { "date": "2026-05-01", "close": 162.208008, "volume": 8580294, "typical_volume": 13079946.4, "trend": 153.507761, "fair_value": 116.84774, "relative_strength": -13.151553, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.304428, "energy": 30.670756, "activity_lines": [ 163.51878, 159.741374, 158.219518, 156.543149 ] }, { "date": "2026-05-08", "close": 184.327286, "volume": 22530975, "typical_volume": 13854566.4, "trend": 155.260918, "fair_value": 117.464252, "relative_strength": -7.592794, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.04097, "energy": 54.720231, "activity_lines": [ 171.842182, 164.16523, 160.883194, 158.531506 ] }, { "date": "2026-05-15", "close": 216.277344, "volume": 48735579, "typical_volume": 16091795.5, "trend": 157.800539, "fair_value": 118.285573, "relative_strength": 9.31868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.851998, "energy": 71.408151, "activity_lines": [ 187.768059, 174.32669, 166.428226, 162.468049 ] }, { "date": "2026-05-22", "close": 274.278992, "volume": 44390521, "typical_volume": 18196380.8, "trend": 162.240778, "fair_value": 119.484185, "relative_strength": 34.132014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.906756, "energy": 86.887337, "activity_lines": [ 218.702272, 193.952518, 177.148466, 169.982788 ] }, { "date": "2026-05-29", "close": 282.143616, "volume": 46685938, "typical_volume": 20171994.5, "trend": 166.30417, "fair_value": 120.733211, "relative_strength": 29.523597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.647845, "energy": 92.781012, "activity_lines": [ 245.835244, 212.917, 187.983399, 177.718455 ] }, { "date": "2026-06-05", "close": 290.991333, "volume": 35217553, "typical_volume": 20701825.4, "trend": 171.072102, "fair_value": 122.036211, "relative_strength": 31.740246, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.837091, "energy": 93.168025, "activity_lines": [ 268.216672, 231.202266, 199.066442, 185.762788 ] }, { "date": "2026-06-12", "close": 288.042114, "volume": 96309441, "typical_volume": 24451758.35, "trend": 176.118574, "fair_value": 123.29836, "relative_strength": 32.098839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.785227, "energy": 89.777016, "activity_lines": [ 281.029472, 246.395306, 209.231947, 193.309241 ] }, { "date": "2026-06-19", "close": 342.11145, "volume": 47951300, "typical_volume": 25698341.25, "trend": 182.197279, "fair_value": 124.912594, "relative_strength": 47.390256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.432269, "energy": 94.194523, "activity_lines": [ 304.951062, 268.702261, 223.966427, 204.018458 ] }, { "date": "2026-06-26", "close": 295.415192, "volume": 32302843, "typical_volume": 26758356.1, "trend": 186.932442, "fair_value": 126.235722, "relative_strength": 31.477492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.875278, "energy": 67.026974, "activity_lines": [ 304.918292, 279.0514, 233.420369, 211.32284 ] }, { "date": "2026-07-03", "close": 292.0, "volume": 25162206, "typical_volume": 27741486.35, "trend": 191.389919, "fair_value": 127.525142, "relative_strength": 22.858778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.077192, "energy": 58.197136, "activity_lines": [ 302.338045, 286.643632, 241.870261, 218.101392 ] }, { "date": "2026-07-10", "close": 275.0, "volume": 13415093, "typical_volume": 28300176.6, "trend": 195.592037, "fair_value": 128.720147, "relative_strength": 18.490108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.469859, "energy": 50.280698, "activity_lines": [ 293.434039, 288.865535, 247.996444, 223.495591 ] }, { "date": "2026-07-17", "close": 218.0, "volume": 12649203, "typical_volume": 28131609.5, "trend": 197.845002, "fair_value": 129.427468, "relative_strength": -0.560691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.463039, "energy": 24.809905, "activity_lines": [ 266.596122, 278.673039, 248.089072, 224.941266 ] }, { "date": "2026-07-24", "close": 207.0, "volume": 11700693, "typical_volume": 27288396.5, "trend": 199.97707, "fair_value": 130.099219, "relative_strength": -7.951691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.272494, "energy": 21.096213, "activity_lines": [ 240.761013, 265.868311, 246.95501, 225.531911 ] }, { "date": "2026-07-31", "close": 194.0, "volume": 12368906, "typical_volume": 27172656.3, "trend": 201.741343, "fair_value": 130.617752, "relative_strength": -12.826673, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.179447, "energy": 21.057431, "activity_lines": [ 219.6, 250.868625, 244.343809, 225.146293 ] }, { "date": "2026-08-07", "close": 207.0, "volume": 9710732, "typical_volume": 26571548.75, "trend": 203.398255, "fair_value": 131.272032, "relative_strength": -9.548754, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.288494, "energy": 22.279744, "activity_lines": [ 209.533333, 239.692194, 242.805269, 225.485562 ] }, { "date": "2026-08-14", "close": 228.5, "volume": 18044634, "typical_volume": 27125036.2, "trend": 205.771835, "fair_value": 132.075779, "relative_strength": -3.862909, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.859288, "energy": 19.796272, "activity_lines": [ 212.3, 233.791102, 243.072966, 227.105029 ] } ], "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." } } }