{ "ticker": { "uuid": "df214ffe-c557-4063-b599-40b81291ee08", "symbol": "6477", "name": "ANJI Technology Co., Ltd.", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 57.357, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 56.356, "architecture_energy": 28.084, "architecture_maturity": 24.312, "architecture_confidence": 54.529, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 40.87, "rotation_up": 49.61, "upward_expansion": 75.37, "deceleration": 63.9, "rotation_down": 21.23, "downward_expansion": 4.37 }, "activity_lines": [ 36.699999, 36.437572, 35.262861, 35.023981 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.5 }, "latest_close": 38.25, "trend_reference": 34.865705, "distance_from_trend": 0.097067, "trend_direction": "Improving", "fair_value": 35.237524, "distance_from_fair_value": 0.085491, "fair_value_direction": "Improving", "relative_strength": -25.693665, "relative_strength_direction": "Improving", "price_momentum": 0.102541, "excess_performance": -0.338831, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097067, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0071, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.085491, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.178501, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.256937, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.111295, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.102541, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.878112, "read": "Supply-led" } ], "volume": { "latest": 10465347, "relative_activity": 1.046127, "balance": 0.878112, "dry_up": 2.091922, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.117631, "annualized_volatility": 0.500542, "from_high_reference": -0.174568, "from_low_reference": 0.30368 }, "levels": { "trend_reference": 34.865705, "fair_value_reference": 35.237524, "structural_low": 29.340025, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.02561, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.020243, "regime_survival": 0.166667, "best_return": 0.160365, "worst_return": -0.077396, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.006339, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.075398, "regime_survival": 0.0, "best_return": 0.145238, "worst_return": -0.266578, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.119432, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.235407, "regime_survival": 0.0, "best_return": 0.221429, "worst_return": -0.22422, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.035309, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.025961, "regime_survival": 0.0, "best_return": 0.106739, "worst_return": -0.177357, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-28", "end": "2024-08-02", "tenure": "Developing", "return": -0.155963, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.032787, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-30", "end": "2024-09-06", "tenure": "New", "return": -0.076503, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2025-01-03", "tenure": "Established", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-10", "end": "2025-02-28", "tenure": "Developing", "return": -0.02122, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.253521, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.095841, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-08-08", "tenure": "Established", "return": 0.161625, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-05", "tenure": "New", "return": 0.108214, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-10", "tenure": "Developing", "return": -0.089888, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": -0.112821, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": 0.063401, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-07-17", "tenure": "Extended", "return": 0.09665, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-24", "end": "2026-08-14", "tenure": "New", "return": -0.015444, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 40.129322, "volume": 4182775, "typical_volume": 13928662.65, "trend": 45.478106, "fair_value": 45.936133, "relative_strength": -18.494238, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.311605, "energy": 73.768242, "activity_lines": [ 42.380723, 43.814513, 45.350754, 45.67927 ] }, { "date": "2023-08-18", "close": 40.081264, "volume": 2407876, "typical_volume": 13570043.5, "trend": 45.434002, "fair_value": 45.965831, "relative_strength": -17.048681, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.489374, "energy": 85.26958, "activity_lines": [ 41.366043, 42.960257, 44.741143, 45.331086 ] }, { "date": "2023-08-25", "close": 40.225437, "volume": 1510034, "typical_volume": 12568034.2, "trend": 45.393161, "fair_value": 46.010171, "relative_strength": -16.701809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.449777, "energy": 84.896244, "activity_lines": [ 40.728458, 42.248899, 44.169648, 44.99505 ] }, { "date": "2023-09-01", "close": 41.571095, "volume": 2680697, "typical_volume": 10636348.05, "trend": 45.32616, "fair_value": 46.05024, "relative_strength": -14.175978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.981618, "energy": 79.176346, "activity_lines": [ 40.779721, 41.887847, 43.770298, 44.748465 ] }, { "date": "2023-09-08", "close": 39.985142, "volume": 1781835, "typical_volume": 7156142.35, "trend": 45.23717, "fair_value": 46.100491, "relative_strength": -16.448624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.750486, "energy": 72.414044, "activity_lines": [ 40.47855, 41.334773, 43.264103, 44.403883 ] }, { "date": "2023-09-15", "close": 40.369617, "volume": 2746026, "typical_volume": 6288549.8, "trend": 45.094613, "fair_value": 46.159512, "relative_strength": -16.750486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.764317, "energy": 53.968633, "activity_lines": [ 40.468938, 40.98014, 42.835245, 44.089847 ] }, { "date": "2023-09-22", "close": 38.735603, "volume": 2409021, "typical_volume": 5184084.05, "trend": 44.919202, "fair_value": 46.16077, "relative_strength": -16.650326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.619778, "energy": 58.061962, "activity_lines": [ 39.898636, 40.425539, 42.298038, 43.679589 ] }, { "date": "2023-09-29", "close": 38.495312, "volume": 1006645, "typical_volume": 4308555.3, "trend": 44.751219, "fair_value": 46.192587, "relative_strength": -16.669945, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.676585, "energy": 61.012953, "activity_lines": [ 39.337947, 39.941453, 41.796969, 43.265144 ] }, { "date": "2023-10-06", "close": 37.293835, "volume": 2337186, "typical_volume": 3994543.2, "trend": 44.564799, "fair_value": 46.214409, "relative_strength": -19.660196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.05849, "energy": 72.059958, "activity_lines": [ 38.492107, 39.335909, 41.216497, 42.784023 ] }, { "date": "2023-10-13", "close": 35.70789, "volume": 2456093, "typical_volume": 3864668.5, "trend": 44.242151, "fair_value": 46.242114, "relative_strength": -23.781236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.038913, "energy": 88.938527, "activity_lines": [ 37.40277, 38.567838, 40.529258, 42.212609 ] }, { "date": "2023-10-20", "close": 33.785522, "volume": 2931670, "typical_volume": 3663632.55, "trend": 43.863142, "fair_value": 46.248899, "relative_strength": -25.870732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.022037, "energy": 93.441276, "activity_lines": [ 35.957793, 37.572578, 39.708558, 41.537988 ] }, { "date": "2023-10-27", "close": 34.55447, "volume": 2089673, "typical_volume": 3362479.0, "trend": 43.508222, "fair_value": 46.21447, "relative_strength": -22.263523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.317481, "energy": 89.367728, "activity_lines": [ 35.208073, 36.832469, 39.027805, 40.937428 ] }, { "date": "2023-11-03", "close": 35.275356, "volume": 5085938, "typical_volume": 3282402.2, "trend": 43.035302, "fair_value": 46.124764, "relative_strength": -21.916071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.520304, "energy": 83.411201, "activity_lines": [ 34.977389, 36.323917, 38.472587, 40.406276 ] }, { "date": "2023-11-10", "close": 35.035061, "volume": 1944034, "typical_volume": 3090228.4, "trend": 42.508059, "fair_value": 46.016894, "relative_strength": -22.677605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.824489, "energy": 72.531388, "activity_lines": [ 34.881272, 35.861676, 37.945723, 39.890131 ] }, { "date": "2023-11-17", "close": 35.900124, "volume": 1634052, "typical_volume": 2969717.4, "trend": 42.086841, "fair_value": 45.919155, "relative_strength": -22.797357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.614545, "energy": 59.268863, "activity_lines": [ 35.224093, 35.675557, 37.5576, 39.463813 ] }, { "date": "2023-11-24", "close": 36.621006, "volume": 2242528, "typical_volume": 2831889.65, "trend": 41.630988, "fair_value": 45.799671, "relative_strength": -21.146683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.184838, "energy": 46.105451, "activity_lines": [ 35.794393, 35.69478, 37.291249, 39.111178 ] }, { "date": "2023-12-01", "close": 37.149658, "volume": 2844201, "typical_volume": 2711184.35, "trend": 41.164969, "fair_value": 45.70421, "relative_strength": -20.285444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.790023, "energy": 36.270671, "activity_lines": [ 36.351878, 35.878278, 37.118535, 38.82206 ] }, { "date": "2023-12-08", "close": 36.476833, "volume": 2180018, "typical_volume": 2490061.75, "trend": 40.852514, "fair_value": 45.584948, "relative_strength": -20.969404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.958899, "energy": 28.093779, "activity_lines": [ 36.512075, 35.96828, 36.919204, 38.5196 ] }, { "date": "2023-12-15", "close": 37.438011, "volume": 3547657, "typical_volume": 2508449.95, "trend": 40.547398, "fair_value": 45.448346, "relative_strength": -19.628022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.465726, "energy": 23.247961, "activity_lines": [ 36.912566, 36.269741, 36.846429, 38.299309 ] }, { "date": "2023-12-22", "close": 36.765186, "volume": 5560036, "typical_volume": 2678899.75, "trend": 40.235292, "fair_value": 45.329785, "relative_strength": -20.171602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.820266, "energy": 20.184806, "activity_lines": [ 36.928586, 36.446248, 36.741843, 38.055296 ] }, { "date": "2023-12-29", "close": 36.717133, "volume": 1222873, "typical_volume": 2530904.65, "trend": 39.866008, "fair_value": 45.222381, "relative_strength": -21.251048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.244645, "energy": 18.079025, "activity_lines": [ 36.870918, 36.594796, 36.659685, 37.828318 ] }, { "date": "2024-01-05", "close": 36.765186, "volume": 1102151, "typical_volume": 2465618.4, "trend": 39.541552, "fair_value": 45.099235, "relative_strength": -18.768875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.922039, "energy": 13.602458, "activity_lines": [ 36.822858, 36.698778, 36.598353, 37.628265 ] }, { "date": "2024-01-12", "close": 36.140415, "volume": 1672832, "typical_volume": 2473758.3, "trend": 39.211708, "fair_value": 44.927948, "relative_strength": -19.515213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.201102, "energy": 23.613347, "activity_lines": [ 36.592173, 36.648971, 36.493309, 37.408836 ] }, { "date": "2024-01-19", "close": 35.852062, "volume": 2941221, "typical_volume": 2486784.5, "trend": 38.844464, "fair_value": 44.755959, "relative_strength": -20.462523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.966542, "energy": 28.284788, "activity_lines": [ 36.287799, 36.531007, 36.380256, 37.192085 ] }, { "date": "2024-01-26", "close": 36.188484, "volume": 1768722, "typical_volume": 2486128.85, "trend": 38.482259, "fair_value": 44.607908, "relative_strength": -20.65715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.20195, "energy": 27.034224, "activity_lines": [ 36.201295, 36.459357, 36.326476, 37.020731 ] }, { "date": "2024-02-02", "close": 35.083118, "volume": 1409284, "typical_volume": 2419291.75, "trend": 38.127978, "fair_value": 44.476845, "relative_strength": -22.85923, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.014505, "energy": 44.789932, "activity_lines": [ 35.784782, 36.181488, 36.185503, 36.801432 ] }, { "date": "2024-02-09", "close": 34.506413, "volume": 393458, "typical_volume": 2318513.6, "trend": 37.777631, "fair_value": 44.339793, "relative_strength": -23.795937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.639528, "energy": 61.155276, "activity_lines": [ 35.284969, 35.826725, 36.014779, 36.567783 ] }, { "date": "2024-02-16", "close": 35.755947, "volume": 731737, "typical_volume": 2304768.2, "trend": 37.5085, "fair_value": 44.236545, "relative_strength": -22.633426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.615681, "energy": 48.083579, "activity_lines": [ 35.352251, 35.747209, 35.983197, 36.437351 ] }, { "date": "2024-02-23", "close": 36.140415, "volume": 2724109, "typical_volume": 2324114.35, "trend": 37.239369, "fair_value": 44.135761, "relative_strength": -22.413302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.574132, "energy": 34.760365, "activity_lines": [ 35.573321, 35.750703, 36.001276, 36.349088 ] }, { "date": "2024-03-01", "close": 38.206955, "volume": 5586935, "typical_volume": 2480656.45, "trend": 37.098396, "fair_value": 44.02587, "relative_strength": -17.684045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.306607, "energy": 5.808535, "activity_lines": [ 36.464015, 36.153525, 36.221661, 36.411513 ] }, { "date": "2024-03-08", "close": 36.524891, "volume": 4494963, "typical_volume": 2558821.1, "trend": 36.978248, "fair_value": 43.901183, "relative_strength": -24.14104, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.914895, "energy": 18.890138, "activity_lines": [ 36.659455, 36.224303, 36.269949, 36.374512 ] }, { "date": "2024-03-15", "close": 37.245781, "volume": 5774179, "typical_volume": 2743046.4, "trend": 36.883732, "fair_value": 43.787996, "relative_strength": -21.592346, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.017397, "energy": 19.689617, "activity_lines": [ 36.999074, 36.429647, 36.373848, 36.391773 ] }, { "date": "2024-03-22", "close": 39.264259, "volume": 12816843, "typical_volume": 3129591.65, "trend": 36.851693, "fair_value": 43.671699, "relative_strength": -18.995389, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.61249, "energy": 46.878222, "activity_lines": [ 37.828894, 36.993249, 36.657168, 36.545355 ] }, { "date": "2024-03-29", "close": 39.120083, "volume": 6215679, "typical_volume": 3343173.9, "trend": 36.769992, "fair_value": 43.52983, "relative_strength": -18.956351, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.058668, "energy": 55.115361, "activity_lines": [ 38.376769, 37.47384, 36.907762, 36.691703 ] }, { "date": "2024-04-05", "close": 37.53413, "volume": 1969668, "typical_volume": 3359954.7, "trend": 36.688292, "fair_value": 43.399003, "relative_strength": -21.596885, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.360669, "energy": 55.605264, "activity_lines": [ 38.197347, 37.606657, 36.98786, 36.741002 ] }, { "date": "2024-04-12", "close": 37.726372, "volume": 5028226, "typical_volume": 3499239.6, "trend": 36.600184, "fair_value": 43.266542, "relative_strength": -21.834722, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.920724, "energy": 47.960907, "activity_lines": [ 38.126862, 37.749961, 37.078486, 36.807975 ] }, { "date": "2024-04-19", "close": 36.140415, "volume": 4653211, "typical_volume": 3589690.1, "trend": 36.513677, "fair_value": 43.125061, "relative_strength": -19.646376, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.740323, "energy": 16.296412, "activity_lines": [ 37.447625, 37.556851, 37.012805, 36.778312 ] }, { "date": "2024-04-26", "close": 36.092358, "volume": 2184423, "typical_volume": 3589910.35, "trend": 36.433579, "fair_value": 42.967223, "relative_strength": -21.175678, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.510689, "energy": 14.822551, "activity_lines": [ 36.826061, 37.325293, 36.947353, 36.751131 ] }, { "date": "2024-05-03", "close": 35.611767, "volume": 1313171, "typical_volume": 3478186.05, "trend": 36.37751, "fair_value": 42.834964, "relative_strength": -22.026061, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.209898, "energy": 15.561883, "activity_lines": [ 36.255759, 37.000239, 36.837962, 36.69811 ] }, { "date": "2024-05-10", "close": 35.419533, "volume": 3450669, "typical_volume": 3372717.7, "trend": 36.367898, "fair_value": 42.700899, "relative_strength": -23.042797, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.13338, "energy": 23.546649, "activity_lines": [ 35.855267, 36.649844, 36.718958, 36.636305 ] }, { "date": "2024-05-17", "close": 37.149658, "volume": 6583400, "typical_volume": 3640744.05, "trend": 36.480036, "fair_value": 42.608878, "relative_strength": -20.592132, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.350673, "energy": 12.869682, "activity_lines": [ 36.172457, 36.664699, 36.771136, 36.686742 ] }, { "date": "2024-05-24", "close": 35.900124, "volume": 2781523, "typical_volume": 3724712.65, "trend": 36.524891, "fair_value": 42.599984, "relative_strength": -23.600507, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.862071, "energy": 13.593249, "activity_lines": [ 36.111583, 36.441006, 36.702252, 36.649328 ] }, { "date": "2024-05-31", "close": 36.092358, "volume": 1902712, "typical_volume": 3736206.65, "trend": 36.552125, "fair_value": 42.59089, "relative_strength": -20.966101, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.230504, "energy": 9.981061, "activity_lines": [ 36.130806, 36.276731, 36.655795, 36.621423 ] }, { "date": "2024-06-07", "close": 35.948185, "volume": 1579909, "typical_volume": 3668141.05, "trend": 36.582562, "fair_value": 42.563389, "relative_strength": -22.984059, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.933724, "energy": 11.065829, "activity_lines": [ 36.101972, 36.143914, 36.595835, 36.582459 ] }, { "date": "2024-06-14", "close": 35.467594, "volume": 1223318, "typical_volume": 3640870.85, "trend": 36.568144, "fair_value": 42.534527, "relative_strength": -25.466587, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.545865, "energy": 30.040773, "activity_lines": [ 35.890513, 35.981387, 36.489648, 36.510525 ] }, { "date": "2024-06-21", "close": 36.765186, "volume": 2708796, "typical_volume": 3705846.45, "trend": 36.57295, "fair_value": 42.517136, "relative_strength": -24.441438, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.937528, "energy": 16.352693, "activity_lines": [ 36.10838, 36.09236, 36.510474, 36.523238 ] }, { "date": "2024-06-28", "close": 42.778313, "volume": 27687328, "typical_volume": 5070539.95, "trend": 36.760572, "fair_value": 42.494441, "relative_strength": -10.478802, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.37773, "energy": 57.975463, "activity_lines": [ 38.356255, 37.314104, 37.095968, 36.923584 ] }, { "date": "2024-07-05", "close": 45.574604, "volume": 66620673, "typical_volume": 8364986.75, "trend": 37.063831, "fair_value": 42.504, "relative_strength": -6.045932, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.658064, "energy": 83.083572, "activity_lines": [ 41.07768, 38.923576, 37.908386, 37.492231 ] }, { "date": "2024-07-12", "close": 45.084026, "volume": 26877018, "typical_volume": 9572632.2, "trend": 37.318698, "fair_value": 42.514714, "relative_strength": -7.838262, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.513691, "energy": 87.623205, "activity_lines": [ 43.00343, 40.271448, 38.627327, 38.009663 ] }, { "date": "2024-07-19", "close": 42.336792, "volume": 12307563, "typical_volume": 9908663.6, "trend": 37.504419, "fair_value": 42.51317, "relative_strength": -8.870541, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.332033, "energy": 82.305962, "activity_lines": [ 43.404379, 40.9476, 39.042037, 38.333411 ] }, { "date": "2024-07-26", "close": 38.461239, "volume": 6507384, "typical_volume": 10009284.65, "trend": 37.562555, "fair_value": 42.489716, "relative_strength": -13.737396, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.079992, "energy": 68.242327, "activity_lines": [ 42.055531, 40.793337, 39.067982, 38.395141 ] }, { "date": "2024-08-02", "close": 36.106464, "volume": 5160644, "typical_volume": 9978607.9, "trend": 37.540598, "fair_value": 42.451756, "relative_strength": -16.54078, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.810958, "energy": 17.573741, "activity_lines": [ 39.808687, 40.187086, 38.860441, 38.3012 ] }, { "date": "2024-08-09", "close": 32.917713, "volume": 5634782, "typical_volume": 9619504.85, "trend": 37.433175, "fair_value": 42.39981, "relative_strength": -22.654597, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.445723, "energy": 26.380608, "activity_lines": [ 36.943717, 38.997311, 38.354636, 38.002949 ] }, { "date": "2024-08-16", "close": 33.457352, "volume": 2585020, "typical_volume": 9437971.9, "trend": 37.353351, "fair_value": 42.350151, "relative_strength": -23.780934, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.625723, "energy": 34.736513, "activity_lines": [ 35.102418, 37.963373, 37.930446, 37.746444 ] }, { "date": "2024-08-23", "close": 33.996986, "volume": 2417600, "typical_volume": 9460368.5, "trend": 37.280301, "fair_value": 42.338581, "relative_strength": -21.183602, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.554012, "energy": 38.542008, "activity_lines": [ 34.21611, 37.072838, 37.584615, 37.529905 ] }, { "date": "2024-08-30", "close": 35.910233, "volume": 3748909, "typical_volume": 9396402.65, "trend": 37.307872, "fair_value": 42.357177, "relative_strength": -16.4289, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.572699, "energy": 46.046954, "activity_lines": [ 34.523537, 36.556905, 37.437842, 37.441513 ] }, { "date": "2024-09-06", "close": 33.163002, "volume": 1633562, "typical_volume": 9245420.2, "trend": 37.263091, "fair_value": 42.346424, "relative_strength": -19.126194, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.574492, "energy": 53.79457, "activity_lines": [ 34.085288, 35.557019, 37.038076, 37.174102 ] }, { "date": "2024-09-13", "close": 33.359234, "volume": 1413809, "typical_volume": 9206889.5, "trend": 37.183201, "fair_value": 42.334581, "relative_strength": -19.167819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.174783, "energy": 39.974521, "activity_lines": [ 33.90868, 34.767636, 36.671177, 36.922241 ] }, { "date": "2024-09-20", "close": 34.291328, "volume": 1077040, "typical_volume": 9195082.95, "trend": 37.121564, "fair_value": 42.339571, "relative_strength": -17.722137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.935537, "energy": 34.500778, "activity_lines": [ 34.013336, 34.369822, 36.406063, 36.735668 ] }, { "date": "2024-09-27", "close": 34.978142, "volume": 1609379, "typical_volume": 9103018.45, "trend": 37.013937, "fair_value": 42.369214, "relative_strength": -17.823504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.12471, "energy": 34.810478, "activity_lines": [ 34.291331, 34.293115, 36.212649, 36.597383 ] }, { "date": "2024-10-04", "close": 35.174366, "volume": 1012919, "typical_volume": 8824494.4, "trend": 36.96892, "fair_value": 42.411854, "relative_strength": -14.838092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.50297, "energy": 26.528395, "activity_lines": [ 34.569323, 34.385878, 36.040024, 36.478701 ] }, { "date": "2024-10-11", "close": 33.26112, "volume": 934640, "typical_volume": 8732150.25, "trend": 36.836098, "fair_value": 42.410828, "relative_strength": -21.022502, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.465446, "energy": 29.047725, "activity_lines": [ 34.258625, 34.190539, 35.694591, 36.239488 ] }, { "date": "2024-10-18", "close": 32.770546, "volume": 1000479, "typical_volume": 8687038.6, "trend": 36.619641, "fair_value": 42.421331, "relative_strength": -23.600423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.276575, "energy": 41.995417, "activity_lines": [ 33.777861, 33.957739, 35.315004, 35.977194 ] }, { "date": "2024-10-25", "close": 32.721485, "volume": 1033787, "typical_volume": 8659732.5, "trend": 36.406354, "fair_value": 42.37928, "relative_strength": -22.65841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.55437, "energy": 55.692082, "activity_lines": [ 33.31999, 33.718694, 34.946562, 35.7257 ] }, { "date": "2024-11-01", "close": 34.193214, "volume": 1580369, "typical_volume": 8677585.05, "trend": 36.29499, "fair_value": 42.344902, "relative_strength": -16.600457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.860723, "energy": 50.168579, "activity_lines": [ 33.45735, 33.760616, 34.733651, 35.582917 ] }, { "date": "2024-11-08", "close": 30.46483, "volume": 2935375, "typical_volume": 8688914.0, "trend": 36.052939, "fair_value": 42.274886, "relative_strength": -27.510572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.508836, "energy": 74.744841, "activity_lines": [ 32.404245, 33.121082, 34.171723, 35.206778 ] }, { "date": "2024-11-15", "close": 28.993099, "volume": 3004091, "typical_volume": 7454752.15, "trend": 35.814695, "fair_value": 42.192794, "relative_strength": -27.921772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.31774, "energy": 83.655545, "activity_lines": [ 31.174532, 32.312968, 33.499633, 34.751304 ] }, { "date": "2024-11-22", "close": 29.091213, "volume": 746725, "typical_volume": 4161054.75, "trend": 35.581324, "fair_value": 42.132755, "relative_strength": -27.519481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.153823, "energy": 86.148058, "activity_lines": [ 30.262058, 31.598509, 32.90253, 34.317531 ] }, { "date": "2024-11-29", "close": 29.434618, "volume": 1073114, "typical_volume": 2870859.55, "trend": 35.375419, "fair_value": 42.079906, "relative_strength": -23.874466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.635103, "energy": 87.08209, "activity_lines": [ 29.709341, 31.024088, 32.416626, 33.920969 ] }, { "date": "2024-12-06", "close": 30.857292, "volume": 1932958, "typical_volume": 2352129.3, "trend": 35.223344, "fair_value": 42.03647, "relative_strength": -22.740855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.496773, "energy": 83.088494, "activity_lines": [ 29.849973, 30.796638, 32.140734, 33.629477 ] }, { "date": "2024-12-13", "close": 28.453465, "volume": 1289173, "typical_volume": 2091218.75, "trend": 34.933471, "fair_value": 41.966767, "relative_strength": -27.510523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.167301, "energy": 80.065191, "activity_lines": [ 29.411725, 30.207054, 31.690572, 33.192711 ] }, { "date": "2024-12-20", "close": 26.736446, "volume": 990840, "typical_volume": 1882728.55, "trend": 34.628015, "fair_value": 41.874025, "relative_strength": -29.625344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.099458, "energy": 81.009674, "activity_lines": [ 28.535228, 29.427483, 31.124539, 32.663871 ] }, { "date": "2024-12-27", "close": 27.766657, "volume": 1020252, "typical_volume": 1652002.05, "trend": 34.350491, "fair_value": 41.770277, "relative_strength": -28.621949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.953565, "energy": 64.498244, "activity_lines": [ 28.152578, 28.953853, 30.701242, 32.221202 ] }, { "date": "2025-01-03", "close": 33.359234, "volume": 1876402, "typical_volume": 1616571.15, "trend": 34.264193, "fair_value": 41.697391, "relative_strength": -12.221412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.825995, "energy": 35.458475, "activity_lines": [ 29.722424, 29.588035, 30.835099, 32.15725 ] }, { "date": "2025-01-10", "close": 36.989506, "volume": 72464792, "typical_volume": 5118930.75, "trend": 34.314923, "fair_value": 41.64396, "relative_strength": -2.591868, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -0.76797, "energy": 11.100092, "activity_lines": [ 32.24072, 30.870672, 31.315164, 32.333077 ] }, { "date": "2025-01-17", "close": 38.461239, "volume": 6418602, "typical_volume": 5252415.4, "trend": 34.371459, "fair_value": 41.604366, "relative_strength": 1.119212, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.628705, "energy": 42.065656, "activity_lines": [ 34.840779, 32.370054, 31.921144, 32.600581 ] }, { "date": "2025-01-24", "close": 38.951813, "volume": 2559632, "typical_volume": 5298718.9, "trend": 34.243909, "fair_value": 41.541797, "relative_strength": 1.187186, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.33727, "energy": 50.412798, "activity_lines": [ 36.937178, 33.813242, 32.561697, 32.896088 ] }, { "date": "2025-02-07", "close": 37.480083, "volume": 10148511, "typical_volume": 5735454.0, "trend": 33.974091, "fair_value": 41.476837, "relative_strength": -2.041924, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.410748, "energy": 60.208404, "activity_lines": [ 37.728642, 34.807776, 33.03452, 33.104873 ] }, { "date": "2025-02-14", "close": 36.498928, "volume": 9829212, "typical_volume": 6173062.6, "trend": 33.687921, "fair_value": 41.432294, "relative_strength": -2.885851, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.761747, "energy": 65.471406, "activity_lines": [ 37.545493, 35.471393, 33.394276, 33.267766 ] }, { "date": "2025-02-21", "close": 37.185734, "volume": 11264900, "typical_volume": 6655838.65, "trend": 33.516219, "fair_value": 41.37836, "relative_strength": -3.059642, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.60831, "energy": 50.840538, "activity_lines": [ 37.381966, 36.131441, 33.808931, 33.493431 ] }, { "date": "2025-02-28", "close": 36.204582, "volume": 7435673, "typical_volume": 6976976.35, "trend": 33.440997, "fair_value": 41.328115, "relative_strength": -2.447578, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 54.980445, "energy": 38.507351, "activity_lines": [ 36.878307, 36.498036, 34.119629, 33.666874 ] }, { "date": "2025-03-07", "close": 34.830967, "volume": 2217529, "typical_volume": 7041120.8, "trend": 33.398481, "fair_value": 41.267598, "relative_strength": -3.618629, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.27252, "energy": 25.65601, "activity_lines": [ 36.06722, 36.473953, 34.294602, 33.75655 ] }, { "date": "2025-03-14", "close": 34.144157, "volume": 3218563, "typical_volume": 7152025.0, "trend": 33.439362, "fair_value": 41.168341, "relative_strength": -2.562555, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.863681, "energy": 18.475882, "activity_lines": [ 35.30192, 36.177823, 34.396689, 33.804658 ] }, { "date": "2025-03-21", "close": 34.389442, "volume": 4096136, "typical_volume": 7305142.45, "trend": 33.470432, "fair_value": 41.037199, "relative_strength": -2.523602, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.857168, "energy": 19.938836, "activity_lines": [ 34.840776, 35.810335, 34.515595, 33.865953 ] }, { "date": "2025-03-28", "close": 33.849812, "volume": 28590425, "typical_volume": 8655645.25, "trend": 33.465526, "fair_value": 40.892034, "relative_strength": -0.911971, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.372005, "energy": 18.541171, "activity_lines": [ 34.340388, 35.326002, 34.575165, 33.890429 ] }, { "date": "2025-04-04", "close": 32.181847, "volume": 5074384, "typical_volume": 8762595.7, "trend": 33.341247, "fair_value": 40.747328, "relative_strength": -3.960392, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.640047, "energy": 14.805134, "activity_lines": [ 33.506406, 34.595488, 34.477516, 33.807611 ] }, { "date": "2025-04-11", "close": 26.00058, "volume": 4705103, "typical_volume": 8847646.3, "trend": 33.102499, "fair_value": 40.553021, "relative_strength": -14.841335, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.933844, "energy": 36.547847, "activity_lines": [ 30.880184, 32.855277, 33.783, 33.33402 ] }, { "date": "2025-04-18", "close": 27.128906, "volume": 3506725, "typical_volume": 8985646.3, "trend": 32.894822, "fair_value": 40.36536, "relative_strength": -10.067849, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.932702, "energy": 60.132043, "activity_lines": [ 29.218764, 31.555694, 33.210192, 32.948627 ] }, { "date": "2025-04-25", "close": 29.238388, "volume": 14569955, "typical_volume": 9660488.35, "trend": 32.72639, "fair_value": 40.183003, "relative_strength": -4.958861, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.939835, "energy": 60.568646, "activity_lines": [ 28.728187, 30.827857, 32.847633, 32.712728 ] }, { "date": "2025-05-02", "close": 29.728966, "volume": 4466277, "typical_volume": 9787154.3, "trend": 32.551418, "fair_value": 40.014944, "relative_strength": -7.198095, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -52.474361, "energy": 64.991398, "activity_lines": [ 28.74454, 30.321225, 32.532729, 32.519346 ] }, { "date": "2025-05-09", "close": 29.140272, "volume": 2124614, "typical_volume": 9828926.35, "trend": 32.350281, "fair_value": 39.841937, "relative_strength": -9.183686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.953453, "energy": 53.137457, "activity_lines": [ 28.839385, 29.843135, 32.167132, 32.299272 ] }, { "date": "2025-05-16", "close": 31.249754, "volume": 4171984, "typical_volume": 9987983.55, "trend": 32.283236, "fair_value": 39.69243, "relative_strength": -6.421697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.54071, "energy": 30.765676, "activity_lines": [ 29.840163, 29.87703, 31.999168, 32.22827 ] }, { "date": "2025-05-23", "close": 31.102581, "volume": 13665225, "typical_volume": 10620232.2, "trend": 32.227637, "fair_value": 39.576024, "relative_strength": -5.669783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.411401, "energy": 20.535881, "activity_lines": [ 30.441937, 29.949279, 31.795696, 32.152099 ] }, { "date": "2025-05-30", "close": 29.287447, "volume": 1993033, "typical_volume": 10626063.75, "trend": 32.113169, "fair_value": 39.462656, "relative_strength": -9.571687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.875605, "energy": 22.15445, "activity_lines": [ 30.173755, 29.746804, 31.403468, 31.962409 ] }, { "date": "2025-06-06", "close": 29.287447, "volume": 1280259, "typical_volume": 7066837.1, "trend": 31.949644, "fair_value": 39.353983, "relative_strength": -10.479977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.150328, "energy": 22.057973, "activity_lines": [ 29.902303, 29.637094, 31.030629, 31.780104 ] }, { "date": "2025-06-13", "close": 28.453465, "volume": 2095408, "typical_volume": 6850677.4, "trend": 31.882598, "fair_value": 39.224704, "relative_strength": -14.265514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.165806, "energy": 32.953383, "activity_lines": [ 29.382291, 29.458702, 30.61504, 31.554544 ] }, { "date": "2025-06-20", "close": 28.649696, "volume": 2008087, "typical_volume": 6823100.15, "trend": 31.871151, "fair_value": 39.107248, "relative_strength": -13.261001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.635403, "energy": 40.413351, "activity_lines": [ 28.973477, 29.383778, 30.265796, 31.34597 ] }, { "date": "2025-06-27", "close": 29.092222, "volume": 855492, "typical_volume": 6358449.2, "trend": 31.871185, "fair_value": 39.030193, "relative_strength": -13.681278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.081454, "energy": 40.534402, "activity_lines": [ 28.885509, 29.341147, 30.007755, 31.166684 ] }, { "date": "2025-07-04", "close": 28.54705, "volume": 1535803, "typical_volume": 5943778.75, "trend": 31.841599, "fair_value": 38.92818, "relative_strength": -14.525351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.043339, "energy": 42.266156, "activity_lines": [ 28.74984, 29.163697, 29.737735, 30.952224 ] }, { "date": "2025-07-11", "close": 27.853201, "volume": 1238234, "typical_volume": 5442445.45, "trend": 31.741463, "fair_value": 38.792625, "relative_strength": -16.579499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.55141, "energy": 54.58879, "activity_lines": [ 28.432249, 28.872663, 29.439501, 30.694908 ] }, { "date": "2025-07-18", "close": 28.695736, "volume": 2373821, "typical_volume": 5189352.85, "trend": 31.749539, "fair_value": 38.660096, "relative_strength": -15.652292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.774493, "energy": 43.961728, "activity_lines": [ 28.491118, 28.768921, 29.265948, 30.49841 ] }, { "date": "2025-07-25", "close": 30.628607, "volume": 6937367, "typical_volume": 5425344.75, "trend": 31.879277, "fair_value": 38.553613, "relative_strength": -9.250458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.083764, "energy": 23.891556, "activity_lines": [ 29.178127, 29.024693, 29.312235, 30.426091 ] }, { "date": "2025-08-01", "close": 33.205773, "volume": 23301754, "typical_volume": 6429504.3, "trend": 32.060581, "fair_value": 38.448807, "relative_strength": -1.486353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.273826, "energy": 13.128486, "activity_lines": [ 30.592264, 29.760335, 29.623977, 30.511672 ] }, { "date": "2025-08-08", "close": 33.850063, "volume": 16757817, "typical_volume": 7062588.35, "trend": 32.076942, "fair_value": 38.339224, "relative_strength": -1.687373, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.708605, "energy": 29.17378, "activity_lines": [ 31.946927, 30.57488, 30.001549, 30.627122 ] }, { "date": "2025-08-15", "close": 38.013172, "volume": 31643342, "typical_volume": 7215234.2, "trend": 32.111064, "fair_value": 38.27711, "relative_strength": 8.940558, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.434847, "energy": 66.696369, "activity_lines": [ 34.335759, 32.063398, 30.778176, 31.010105 ] }, { "date": "2025-08-22", "close": 40.491215, "volume": 32469620, "typical_volume": 8584996.0, "trend": 32.17873, "fair_value": 38.214848, "relative_strength": 18.49695, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.473107, "energy": 82.314651, "activity_lines": [ 36.873274, 33.843819, 31.770981, 31.55076 ] }, { "date": "2025-08-29", "close": 43.316189, "volume": 35781384, "typical_volume": 10138810.05, "trend": 32.324209, "fair_value": 38.150508, "relative_strength": 23.893256, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 64.835555, "energy": 86.773309, "activity_lines": [ 39.566081, 35.919003, 32.993263, 32.269305 ] }, { "date": "2025-09-05", "close": 42.126724, "volume": 15826159, "typical_volume": 10754781.75, "trend": 32.479097, "fair_value": 38.074387, "relative_strength": 19.034795, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.423519, "energy": 91.290738, "activity_lines": [ 41.016562, 37.511258, 34.019807, 32.901726 ] }, { "date": "2025-09-12", "close": 44.109161, "volume": 14812080, "typical_volume": 10766888.0, "trend": 32.732772, "fair_value": 38.018098, "relative_strength": 19.548067, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.11979, "energy": 91.944955, "activity_lines": [ 42.533125, 39.226965, 35.163737, 33.652052 ] }, { "date": "2025-09-19", "close": 42.027607, "volume": 16165382, "typical_volume": 11351843.25, "trend": 32.894168, "fair_value": 37.960935, "relative_strength": 13.279081, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.450182, "energy": 81.23556, "activity_lines": [ 42.671896, 40.28126, 36.038611, 34.251719 ] }, { "date": "2025-09-26", "close": 40.689461, "volume": 15823777, "typical_volume": 12036801.4, "trend": 33.043664, "fair_value": 37.891632, "relative_strength": 9.601211, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.269091, "energy": 59.184114, "activity_lines": [ 42.09699, 40.834539, 36.727476, 34.754641 ] }, { "date": "2025-10-03", "close": 39.301758, "volume": 6198106, "typical_volume": 12138107.5, "trend": 33.19269, "fair_value": 37.843122, "relative_strength": 1.278297, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.940709, "energy": 48.92067, "activity_lines": [ 41.0463, 40.917441, 37.229184, 35.158389 ] }, { "date": "2025-10-10", "close": 40.144291, "volume": 3076780, "typical_volume": 11608685.25, "trend": 33.392694, "fair_value": 37.839201, "relative_strength": 1.543846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.692921, "energy": 36.009038, "activity_lines": [ 40.544083, 40.995838, 37.77279, 35.60688 ] }, { "date": "2025-10-17", "close": 38.657467, "volume": 4514209, "typical_volume": 11734744.05, "trend": 33.534962, "fair_value": 37.816545, "relative_strength": -2.171291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.122142, "energy": 26.649353, "activity_lines": [ 39.67842, 40.677747, 38.131738, 35.946542 ] }, { "date": "2025-10-24", "close": 38.260979, "volume": 1676260, "typical_volume": 11754544.1, "trend": 33.682001, "fair_value": 37.804114, "relative_strength": -3.976038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.604374, "energy": 22.558005, "activity_lines": [ 39.044041, 40.200161, 38.408306, 36.251447 ] }, { "date": "2025-10-31", "close": 36.972397, "volume": 2560383, "typical_volume": 11777792.85, "trend": 33.841686, "fair_value": 37.791736, "relative_strength": -9.403516, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.628333, "energy": 21.702127, "activity_lines": [ 38.231243, 39.483781, 38.519421, 36.46373 ] }, { "date": "2025-11-07", "close": 36.129864, "volume": 2347276, "typical_volume": 11794752.3, "trend": 34.179329, "fair_value": 37.770097, "relative_strength": -9.370444, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.248667, "energy": 19.776952, "activity_lines": [ 37.385405, 38.678192, 38.509728, 36.611355 ] }, { "date": "2025-11-14", "close": 34.940403, "volume": 2274789, "typical_volume": 11865717.15, "trend": 34.439712, "fair_value": 37.728958, "relative_strength": -11.520507, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.239015, "energy": 17.200452, "activity_lines": [ 36.354539, 37.786998, 38.351133, 36.660456 ] }, { "date": "2025-11-21", "close": 33.106651, "volume": 5515217, "typical_volume": 12064687.85, "trend": 34.568654, "fair_value": 37.689127, "relative_strength": -13.085416, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.679714, "energy": 27.751197, "activity_lines": [ 35.059349, 36.693055, 37.990047, 36.574452 ] }, { "date": "2025-11-28", "close": 34.296108, "volume": 7545011, "typical_volume": 12380026.7, "trend": 34.720892, "fair_value": 37.63614, "relative_strength": -13.813079, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.819947, "energy": 40.981277, "activity_lines": [ 34.530699, 36.015422, 37.72053, 36.556869 ] }, { "date": "2025-12-05", "close": 34.395233, "volume": 1907870, "typical_volume": 12356729.15, "trend": 34.896057, "fair_value": 37.585865, "relative_strength": -14.55278, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.036128, "energy": 48.944976, "activity_lines": [ 34.299415, 35.496385, 37.429773, 36.535859 ] }, { "date": "2025-12-12", "close": 35.386452, "volume": 6097886, "typical_volume": 12314755.1, "trend": 35.033947, "fair_value": 37.524429, "relative_strength": -12.67909, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.506921, "energy": 40.473597, "activity_lines": [ 34.570348, 35.27201, 37.206277, 36.567497 ] }, { "date": "2025-12-19", "close": 33.750942, "volume": 14345899, "typical_volume": 11866962.35, "trend": 35.122226, "fair_value": 37.44568, "relative_strength": -15.186627, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.640236, "energy": 25.277953, "activity_lines": [ 34.345672, 34.821456, 36.804362, 36.484722 ] }, { "date": "2025-12-26", "close": 36.575912, "volume": 12644078, "typical_volume": 11661275.4, "trend": 35.365175, "fair_value": 37.396916, "relative_strength": -10.965644, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.910975, "energy": 10.220385, "activity_lines": [ 35.141951, 35.000777, 36.668896, 36.578509 ] }, { "date": "2026-01-02", "close": 34.742157, "volume": 3346218, "typical_volume": 10246419.2, "trend": 35.546999, "fair_value": 37.351537, "relative_strength": -17.706575, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.272762, "energy": 12.344797, "activity_lines": [ 35.095693, 34.884534, 36.345807, 36.538314 ] }, { "date": "2026-01-09", "close": 34.692596, "volume": 7653465, "typical_volume": 9005611.45, "trend": 35.75497, "fair_value": 37.304357, "relative_strength": -20.039678, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.972848, "energy": 13.02998, "activity_lines": [ 35.003179, 34.823258, 36.033573, 36.483191 ] }, { "date": "2026-01-16", "close": 34.742157, "volume": 8470630, "typical_volume": 7640073.75, "trend": 35.958052, "fair_value": 37.243837, "relative_strength": -22.256962, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.479073, "energy": 10.963932, "activity_lines": [ 34.90736, 34.812444, 35.753672, 36.417848 ] }, { "date": "2026-01-23", "close": 35.089085, "volume": 7258901, "typical_volume": 7211710.85, "trend": 36.157947, "fair_value": 37.203355, "relative_strength": -22.246336, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.05988, "energy": 12.916606, "activity_lines": [ 34.970138, 34.88994, 35.54764, 36.361786 ] }, { "date": "2026-01-30", "close": 33.998745, "volume": 8506159, "typical_volume": 6896414.8, "trend": 36.33967, "fair_value": 37.155586, "relative_strength": -24.28869, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.692289, "energy": 28.045607, "activity_lines": [ 34.580259, 34.766488, 35.27128, 36.222483 ] }, { "date": "2026-02-06", "close": 34.692596, "volume": 16599045, "typical_volume": 6918097.95, "trend": 36.56765, "fair_value": 37.098608, "relative_strength": -21.516901, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.016138, "energy": 24.674221, "activity_lines": [ 34.593475, 34.752971, 35.109145, 36.11622 ] }, { "date": "2026-02-13", "close": 32.95797, "volume": 3968608, "typical_volume": 6325339.5, "trend": 36.709725, "fair_value": 37.036449, "relative_strength": -28.8995, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.892741, "energy": 30.378875, "activity_lines": [ 34.031786, 34.416859, 34.816736, 35.883337 ] }, { "date": "2026-02-27", "close": 36.675034, "volume": 7755939, "typical_volume": 6403231.15, "trend": 36.911272, "fair_value": 36.985351, "relative_strength": -24.361216, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.656006, "energy": 15.79779, "activity_lines": [ 34.824761, 34.782709, 34.91515, 35.881099 ] }, { "date": "2026-03-06", "close": 37.517567, "volume": 28694540, "typical_volume": 7684119.15, "trend": 37.054999, "fair_value": 36.94381, "relative_strength": -17.920662, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.626348, "energy": 6.798182, "activity_lines": [ 35.769721, 35.278317, 35.106313, 35.920215 ] }, { "date": "2026-03-13", "close": 39.153076, "volume": 10794323, "typical_volume": 7998124.85, "trend": 37.231766, "fair_value": 36.915722, "relative_strength": -13.377867, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.251825, "energy": 11.863559, "activity_lines": [ 37.097952, 36.002807, 35.465747, 36.055575 ] }, { "date": "2026-03-20", "close": 36.873276, "volume": 6118500, "typical_volume": 8220236.85, "trend": 37.193769, "fair_value": 36.877176, "relative_strength": -18.242182, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.042132, "energy": 18.66329, "activity_lines": [ 37.322628, 36.26593, 35.605698, 36.032446 ] }, { "date": "2026-03-27", "close": 34.09787, "volume": 3648976, "typical_volume": 8274666.5, "trend": 36.980658, "fair_value": 36.804807, "relative_strength": -22.838817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.41228, "energy": 15.567367, "activity_lines": [ 36.47679, 35.985687, 35.487932, 35.832711 ] }, { "date": "2026-04-03", "close": 32.46236, "volume": 2778019, "typical_volume": 8296203.65, "trend": 36.618863, "fair_value": 36.723439, "relative_strength": -24.702871, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.844986, "energy": 18.12492, "activity_lines": [ 35.009788, 35.418891, 35.228092, 35.541208 ] }, { "date": "2026-04-10", "close": 33.007526, "volume": 1912779, "typical_volume": 8278103.15, "trend": 36.31489, "fair_value": 36.645269, "relative_strength": -28.991737, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.37115, "energy": 32.03709, "activity_lines": [ 34.005354, 34.992667, 35.037636, 35.308218 ] }, { "date": "2026-04-17", "close": 34.14743, "volume": 3288332, "typical_volume": 8166758.9, "trend": 35.982832, "fair_value": 36.547093, "relative_strength": -28.886393, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.810989, "energy": 33.469318, "activity_lines": [ 33.681557, 34.811544, 34.964947, 35.168382 ] }, { "date": "2026-04-24", "close": 33.453575, "volume": 2953317, "typical_volume": 7937174.2, "trend": 35.697031, "fair_value": 36.435562, "relative_strength": -33.611579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.531465, "energy": 40.700725, "activity_lines": [ 33.460184, 34.501563, 34.82122, 35.005204 ] }, { "date": "2026-05-01", "close": 33.106651, "volume": 2068685, "typical_volume": 7945214.95, "trend": 35.444271, "fair_value": 36.336652, "relative_strength": -33.678582, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.458371, "energy": 41.900099, "activity_lines": [ 33.35115, 34.151033, 34.648465, 34.838083 ] }, { "date": "2026-05-08", "close": 34.742157, "volume": 7887809, "typical_volume": 8034711.1, "trend": 35.292284, "fair_value": 36.236944, "relative_strength": -34.294681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.122307, "energy": 23.104274, "activity_lines": [ 33.853367, 34.095164, 34.637609, 34.792785 ] }, { "date": "2026-05-15", "close": 32.759724, "volume": 3830600, "typical_volume": 7508946.15, "trend": 35.046132, "fair_value": 36.119184, "relative_strength": -36.823201, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.36653, "energy": 27.182925, "activity_lines": [ 33.542785, 33.713996, 34.441017, 34.629394 ] }, { "date": "2026-05-22", "close": 34.14743, "volume": 2527546, "typical_volume": 7003119.55, "trend": 34.895797, "fair_value": 36.044165, "relative_strength": -35.238173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.895553, "energy": 18.766392, "activity_lines": [ 33.711293, 33.671644, 34.381309, 34.571414 ] }, { "date": "2026-05-29", "close": 33.552696, "volume": 3361408, "typical_volume": 7003879.05, "trend": 34.738855, "fair_value": 35.960583, "relative_strength": -39.229567, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.089228, "energy": 18.125472, "activity_lines": [ 33.681556, 33.612171, 34.276523, 34.484762 ] }, { "date": "2026-06-05", "close": 33.404015, "volume": 4494290, "typical_volume": 6845920.3, "trend": 34.619909, "fair_value": 35.879016, "relative_strength": -39.35654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.453417, "energy": 22.298816, "activity_lines": [ 33.59565, 33.586039, 34.163241, 34.398643 ] }, { "date": "2026-06-12", "close": 33.205772, "volume": 8169410, "typical_volume": 6830859.3, "trend": 34.522439, "fair_value": 35.785491, "relative_strength": -37.89887, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.130128, "energy": 22.931063, "activity_lines": [ 33.423839, 33.536478, 34.037214, 34.307409 ] }, { "date": "2026-06-19", "close": 31.768507, "volume": 2756503, "typical_volume": 6605739.4, "trend": 34.416709, "fair_value": 35.691066, "relative_strength": -42.974455, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.234784, "energy": 39.770788, "activity_lines": [ 32.875366, 33.212079, 33.781622, 34.129736 ] }, { "date": "2026-06-26", "close": 29.340025, "volume": 3238657, "typical_volume": 6342364.3, "trend": 34.291155, "fair_value": 35.584042, "relative_strength": -44.525745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.166942, "energy": 62.674487, "activity_lines": [ 31.58348, 32.468667, 33.310558, 33.802208 ] }, { "date": "2026-07-03", "close": 36.575912, "volume": 17093871, "typical_volume": 6367105.6, "trend": 34.367148, "fair_value": 35.518058, "relative_strength": -33.564544, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.669246, "energy": 18.442593, "activity_lines": [ 33.024049, 33.128277, 33.55081, 33.949611 ] }, { "date": "2026-07-10", "close": 39.5, "volume": 0, "typical_volume": 6168675.2, "trend": 34.537307, "fair_value": 35.469631, "relative_strength": -25.516535, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 27.41947, "energy": 20.884675, "activity_lines": [ 35.237767, 34.26277, 34.060579, 34.280763 ] }, { "date": "2026-07-17", "close": 38.099998, "volume": 50007254, "typical_volume": 8281240.95, "trend": 34.627759, "fair_value": 35.420839, "relative_strength": -23.220179, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 23.179463, "energy": 33.67326, "activity_lines": [ 36.578419, 35.026474, 34.405861, 34.510614 ] }, { "date": "2026-07-24", "close": 38.849998, "volume": 51902150, "typical_volume": 9441621.45, "trend": 34.797727, "fair_value": 35.381308, "relative_strength": -23.043507, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.587469, "energy": 38.418136, "activity_lines": [ 37.842789, 35.865491, 34.815787, 34.783017 ] }, { "date": "2026-07-31", "close": 35.75, "volume": 13755024, "typical_volume": 9589656.5, "trend": 34.770197, "fair_value": 35.329514, "relative_strength": -27.726297, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.827988, "energy": 53.258311, "activity_lines": [ 37.601727, 36.030139, 34.92413, 34.844454 ] }, { "date": "2026-08-07", "close": 34.049999, "volume": 7587005, "typical_volume": 9663081.75, "trend": 34.747125, "fair_value": 35.264358, "relative_strength": -32.148811, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 44.398561, "energy": 26.345888, "activity_lines": [ 36.366666, 35.856558, 34.886773, 34.797989 ] }, { "date": "2026-08-14", "close": 38.25, "volume": 10465347, "typical_volume": 10003900.3, "trend": 34.865705, "fair_value": 35.237524, "relative_strength": -25.693665, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.355744, "energy": 28.084381, "activity_lines": [ 36.699999, 36.437572, 35.262861, 35.023981 ] } ], "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." } } }