{ "ticker": { "uuid": "e069cfe3-0a5e-4d19-aa0e-5521e182b8d7", "symbol": "3537", "name": "Podak 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 57.78, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -18.025, "architecture_energy": 27.337, "architecture_maturity": 53.876, "architecture_confidence": 67.722, "architecture_tenure": "Developing", "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": 46.11, "rotation_up": 14.33, "upward_expansion": 15.65, "deceleration": 70.93, "rotation_down": 62.62, "downward_expansion": 42.98 }, "activity_lines": [ 52.980001, 58.115314, 60.923734, 57.591164 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 56.5, "trend_reference": 53.542605, "distance_from_trend": 0.055234, "trend_direction": "Improving", "fair_value": 44.429466, "distance_from_fair_value": 0.271679, "fair_value_direction": "Improving", "relative_strength": -15.421518, "relative_strength_direction": "Improving", "price_momentum": 0.306594, "excess_performance": -0.134778, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.055234, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.100987, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.271679, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.045344, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.154215, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.052836, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.306594, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.499602, "read": "Demand-led" } ], "volume": { "latest": 9128046, "relative_activity": 0.744994, "balance": 1.499602, "dry_up": 0.386089, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.210129, "annualized_volatility": 0.728651, "from_high_reference": -0.364359, "from_low_reference": 0.619745 }, "levels": { "trend_reference": 53.542605, "fair_value_reference": 44.429466, "structural_low": 38.917969, "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": 10, "median_return": 0.025747, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.022669, "regime_survival": 0.4, "best_return": 0.608295, "worst_return": -0.059618, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.061995, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.004017, "regime_survival": 0.0, "best_return": 0.880765, "worst_return": 0.009009, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.087157, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.056549, "regime_survival": 0.0, "best_return": 0.760309, "worst_return": -0.086486, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.038722, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.225021, "regime_survival": 0.0, "best_return": 0.180629, "worst_return": -0.258074, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.043011, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-06-13", "tenure": "Established", "return": -0.066398, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-08-15", "tenure": "Developing", "return": -0.10303, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-10-17", "tenure": "Developing", "return": 0.009186, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": 0.126316, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-02-06", "tenure": "Developing", "return": -0.085366, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": 0.050829, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.023622, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.048919, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-24", "end": "2026-04-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.236873, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": 0.103152, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-07-10", "tenure": "Developing", "return": -0.180622, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-08-14", "tenure": "Developing", "return": 0.031522, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 31.307545, "volume": 1067850, "typical_volume": 907935.0, "trend": 30.318858, "fair_value": 26.455434, "relative_strength": -0.310683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.728325, "energy": 52.997213, "activity_lines": [ 31.42261, 31.304859, 30.981279, 30.680929 ] }, { "date": "2023-08-18", "close": 30.971809, "volume": 550200, "typical_volume": 922582.5, "trend": 30.404683, "fair_value": 26.510836, "relative_strength": -0.201659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.864706, "energy": 38.379391, "activity_lines": [ 31.290058, 31.253203, 31.017689, 30.723055 ] }, { "date": "2023-08-25", "close": 30.803942, "volume": 478800, "typical_volume": 941640.0, "trend": 30.478358, "fair_value": 26.556417, "relative_strength": -1.436364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.864219, "energy": 22.164252, "activity_lines": [ 31.097712, 31.174271, 31.029597, 30.748814 ] }, { "date": "2023-09-01", "close": 31.47542, "volume": 424200, "typical_volume": 930667.5, "trend": 30.535084, "fair_value": 26.616541, "relative_strength": -0.337579, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.732248, "energy": 23.135423, "activity_lines": [ 31.173254, 31.229442, 31.097926, 30.81314 ] }, { "date": "2023-09-08", "close": 31.769188, "volume": 638400, "typical_volume": 929145.0, "trend": 30.575382, "fair_value": 26.678548, "relative_strength": 0.955968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.178378, "energy": 33.430193, "activity_lines": [ 31.360707, 31.332829, 31.186318, 30.89276 ] }, { "date": "2023-09-15", "close": 32.146889, "volume": 642600, "typical_volume": 933082.5, "trend": 30.617781, "fair_value": 26.737004, "relative_strength": 0.029064, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.826777, "energy": 54.046499, "activity_lines": [ 31.654477, 31.490774, 31.300616, 30.994147 ] }, { "date": "2023-09-22", "close": 31.643284, "volume": 309750, "typical_volume": 869295.0, "trend": 30.646016, "fair_value": 26.797564, "relative_strength": 1.882269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.946069, "energy": 55.758179, "activity_lines": [ 31.724421, 31.534742, 31.355089, 31.060309 ] }, { "date": "2023-09-29", "close": 31.727219, "volume": 157500, "typical_volume": 832702.5, "trend": 30.657383, "fair_value": 26.866555, "relative_strength": 2.067603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.565967, "energy": 55.838885, "activity_lines": [ 31.77758, 31.580716, 31.411836, 31.130064 ] }, { "date": "2023-10-06", "close": 31.89509, "volume": 284550, "typical_volume": 801570.0, "trend": 30.746453, "fair_value": 26.935342, "relative_strength": 1.637865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.61279, "energy": 50.656474, "activity_lines": [ 31.825143, 31.652442, 31.475269, 31.209916 ] }, { "date": "2023-10-13", "close": 32.230827, "volume": 488250, "typical_volume": 783825.0, "trend": 30.859824, "fair_value": 27.014814, "relative_strength": 1.195284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.163056, "energy": 42.410273, "activity_lines": [ 31.956641, 31.781396, 31.563383, 31.305682 ] }, { "date": "2023-10-20", "close": 31.853119, "volume": 297150, "typical_volume": 759307.5, "trend": 30.943561, "fair_value": 27.091224, "relative_strength": 2.158058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.757144, "energy": 36.53974, "activity_lines": [ 31.93146, 31.827941, 31.607009, 31.369766 ] }, { "date": "2023-10-27", "close": 31.769188, "volume": 197400, "typical_volume": 719985.0, "trend": 31.029745, "fair_value": 27.164964, "relative_strength": 3.83887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.811071, "energy": 32.827415, "activity_lines": [ 31.897886, 31.849306, 31.637046, 31.423032 ] }, { "date": "2023-11-03", "close": 32.188858, "volume": 249900, "typical_volume": 652732.5, "trend": 31.128607, "fair_value": 27.2399, "relative_strength": 2.852222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.57146, "energy": 37.061, "activity_lines": [ 31.99581, 31.932477, 31.704105, 31.497813 ] }, { "date": "2023-11-10", "close": 32.692467, "volume": 729750, "typical_volume": 674887.5, "trend": 31.224591, "fair_value": 27.319985, "relative_strength": 3.441337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.2397, "energy": 47.26034, "activity_lines": [ 32.230826, 32.082033, 31.815678, 31.598707 ] }, { "date": "2023-11-17", "close": 32.650497, "volume": 535500, "typical_volume": 677355.0, "trend": 31.324419, "fair_value": 27.399374, "relative_strength": 0.187131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.810734, "energy": 61.400394, "activity_lines": [ 32.398695, 32.20183, 31.916098, 31.690701 ] }, { "date": "2023-11-24", "close": 32.776402, "volume": 448350, "typical_volume": 662917.5, "trend": 31.428444, "fair_value": 27.479357, "relative_strength": 0.099808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.624512, "energy": 70.137724, "activity_lines": [ 32.580554, 32.328496, 32.020616, 31.784378 ] }, { "date": "2023-12-01", "close": 33.196068, "volume": 550200, "typical_volume": 654097.5, "trend": 31.520238, "fair_value": 27.563309, "relative_strength": 0.438121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.335989, "energy": 80.873926, "activity_lines": [ 32.840749, 32.520018, 32.156234, 31.898418 ] }, { "date": "2023-12-08", "close": 32.986233, "volume": 363300, "typical_volume": 552090.0, "trend": 31.627325, "fair_value": 27.635891, "relative_strength": 0.066639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.058801, "energy": 75.067254, "activity_lines": [ 32.935874, 32.645156, 32.261002, 31.992998 ] }, { "date": "2023-12-15", "close": 33.280006, "volume": 501900, "typical_volume": 497175.0, "trend": 31.724538, "fair_value": 27.703103, "relative_strength": -0.708903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.330492, "energy": 76.31344, "activity_lines": [ 33.075764, 32.800816, 32.386504, 32.099623 ] }, { "date": "2023-12-22", "close": 33.615742, "volume": 1138200, "typical_volume": 502687.5, "trend": 31.830321, "fair_value": 27.773961, "relative_strength": 0.725617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.621093, "energy": 78.045433, "activity_lines": [ 33.288398, 32.992339, 32.536387, 32.221636 ] }, { "date": "2023-12-29", "close": 34.16132, "volume": 1534050, "typical_volume": 525997.5, "trend": 31.946423, "fair_value": 27.84469, "relative_strength": 0.468646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.6895, "energy": 83.285574, "activity_lines": [ 33.618541, 33.257878, 32.728037, 32.372023 ] }, { "date": "2024-01-05", "close": 33.783615, "volume": 1384950, "typical_volume": 567735.0, "trend": 32.034203, "fair_value": 27.91769, "relative_strength": 1.700691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.824445, "energy": 69.260695, "activity_lines": [ 33.730455, 33.412775, 32.870126, 32.490552 ] }, { "date": "2024-01-12", "close": 33.154106, "volume": 857850, "typical_volume": 586687.5, "trend": 32.09051, "fair_value": 27.981535, "relative_strength": -0.141307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.538784, "energy": 52.817727, "activity_lines": [ 33.593363, 33.416591, 32.938873, 32.562803 ] }, { "date": "2024-01-19", "close": 32.986233, "volume": 589155, "typical_volume": 594935.25, "trend": 32.1504, "fair_value": 28.043665, "relative_strength": -1.54485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.982557, "energy": 41.763061, "activity_lines": [ 33.389121, 33.372334, 32.98044, 32.620592 ] }, { "date": "2024-01-26", "close": 32.860332, "volume": 285600, "typical_volume": 577295.25, "trend": 32.212647, "fair_value": 28.105414, "relative_strength": -3.54251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.229521, "energy": 23.305196, "activity_lines": [ 33.162497, 33.299845, 33.002822, 32.666394 ] }, { "date": "2024-02-02", "close": 32.566566, "volume": 468300, "typical_volume": 568580.25, "trend": 32.267725, "fair_value": 28.164213, "relative_strength": -4.64666, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.228942, "energy": 21.838942, "activity_lines": [ 32.888312, 33.170128, 32.992031, 32.689228 ] }, { "date": "2024-02-09", "close": 32.524597, "volume": 88200, "typical_volume": 557502.75, "trend": 32.321404, "fair_value": 28.228076, "relative_strength": -4.80161, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.492215, "energy": 19.892222, "activity_lines": [ 32.706454, 33.036597, 32.975244, 32.7058 ] }, { "date": "2024-02-16", "close": 33.238045, "volume": 196350, "typical_volume": 559445.25, "trend": 32.380509, "fair_value": 28.299286, "relative_strength": -5.184918, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.796413, "energy": 20.362034, "activity_lines": [ 32.846347, 33.044991, 33.022208, 32.764938 ] }, { "date": "2024-02-23", "close": 33.657715, "volume": 620550, "typical_volume": 576245.25, "trend": 32.446258, "fair_value": 28.372546, "relative_strength": -5.222981, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.542781, "energy": 19.652484, "activity_lines": [ 33.120534, 33.125111, 33.101946, 32.847338 ] }, { "date": "2024-03-01", "close": 33.615742, "volume": 670950, "typical_volume": 585380.25, "trend": 32.517602, "fair_value": 28.44319, "relative_strength": -5.346701, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.782437, "energy": 31.1107, "activity_lines": [ 33.335964, 33.190732, 33.169293, 32.922789 ] }, { "date": "2024-03-08", "close": 33.57378, "volume": 1093050, "typical_volume": 625175.25, "trend": 32.593143, "fair_value": 28.510579, "relative_strength": -9.351077, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.509091, "energy": 42.067895, "activity_lines": [ 33.487047, 33.248723, 33.226049, 32.990929 ] }, { "date": "2024-03-15", "close": 33.69968, "volume": 1624350, "typical_volume": 696522.75, "trend": 32.684072, "fair_value": 28.580481, "relative_strength": -8.391389, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.104954, "energy": 49.194852, "activity_lines": [ 33.612948, 33.340288, 33.286602, 33.062319 ] }, { "date": "2024-03-22", "close": 34.41312, "volume": 1108800, "typical_volume": 739467.75, "trend": 32.804378, "fair_value": 28.649411, "relative_strength": -8.843105, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.035954, "energy": 63.772356, "activity_lines": [ 33.898324, 33.563095, 33.405909, 33.17387 ] }, { "date": "2024-03-29", "close": 34.45509, "volume": 577500, "typical_volume": 731855.25, "trend": 32.903701, "fair_value": 28.715623, "relative_strength": -8.896104, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.665196, "energy": 65.313908, "activity_lines": [ 34.119351, 33.770643, 33.518621, 33.280368 ] }, { "date": "2024-04-05", "close": 34.58099, "volume": 516600, "typical_volume": 730910.25, "trend": 32.997427, "fair_value": 28.773043, "relative_strength": -8.620526, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.763722, "energy": 71.992147, "activity_lines": [ 34.329187, 33.974374, 33.63493, 33.38858 ] }, { "date": "2024-04-12", "close": 35.042633, "volume": 1505700, "typical_volume": 783777.75, "trend": 33.093952, "fair_value": 28.820197, "relative_strength": -9.011417, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.734029, "energy": 80.180465, "activity_lines": [ 34.628554, 34.230756, 33.786012, 33.520529 ] }, { "date": "2024-04-19", "close": 33.99345, "volume": 879900, "typical_volume": 800262.75, "trend": 33.172291, "fair_value": 28.862545, "relative_strength": -6.11345, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.896931, "energy": 59.630246, "activity_lines": [ 34.48027, 34.251358, 33.826381, 33.578561 ] }, { "date": "2024-04-26", "close": 34.58099, "volume": 391650, "typical_volume": 801680.25, "trend": 33.267417, "fair_value": 28.90866, "relative_strength": -7.129416, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.659184, "energy": 47.550202, "activity_lines": [ 34.508248, 34.352079, 33.918908, 33.669445 ] }, { "date": "2024-05-03", "close": 36.469513, "volume": 2170350, "typical_volume": 885102.75, "trend": 33.419897, "fair_value": 28.967947, "relative_strength": -2.912686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.452452, "energy": 69.716372, "activity_lines": [ 35.154542, 34.771751, 34.183701, 33.876032 ] }, { "date": "2024-05-10", "close": 38.945583, "volume": 7931700, "typical_volume": 1224777.75, "trend": 33.643723, "fair_value": 29.033506, "relative_strength": 1.826274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.099242, "energy": 86.131566, "activity_lines": [ 36.491898, 35.590493, 34.669122, 34.232528 ] }, { "date": "2024-05-17", "close": 37.938366, "volume": 1955100, "typical_volume": 1245830.25, "trend": 33.846564, "fair_value": 29.09325, "relative_strength": -3.278534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.200717, "energy": 91.259585, "activity_lines": [ 37.202542, 36.129199, 35.033238, 34.509601 ] }, { "date": "2024-05-24", "close": 46.667549, "volume": 15511650, "typical_volume": 1952165.25, "trend": 34.343176, "fair_value": 29.233694, "relative_strength": 16.893609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.013609, "energy": 98.822452, "activity_lines": [ 40.629865, 38.175673, 36.210718, 35.336762 ] }, { "date": "2024-05-31", "close": 53.298374, "volume": 23742600, "typical_volume": 3096402.75, "trend": 35.046827, "fair_value": 29.41643, "relative_strength": 35.01366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 99.163858, "energy": 99.379637, "activity_lines": [ 45.422523, 41.191972, 37.958353, 36.559678 ] }, { "date": "2024-06-07", "close": 51.200012, "volume": 5624850, "typical_volume": 3348187.5, "trend": 35.663745, "fair_value": 29.578889, "relative_strength": 24.996999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.646615, "energy": 95.664323, "activity_lines": [ 48.267901, 43.483383, 39.410219, 37.601819 ] }, { "date": "2024-06-14", "close": 50.444599, "volume": 5042100, "typical_volume": 3586012.5, "trend": 36.256882, "fair_value": 29.737146, "relative_strength": 19.100545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.802581, "energy": 90.209885, "activity_lines": [ 49.879442, 45.332993, 40.703409, 38.555422 ] }, { "date": "2024-06-21", "close": 48.262306, "volume": 10173450, "typical_volume": 4071270.0, "trend": 36.773078, "fair_value": 29.88568, "relative_strength": 9.984527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.197313, "energy": 68.203394, "activity_lines": [ 49.996951, 46.497393, 41.705027, 39.329966 ] }, { "date": "2024-06-28", "close": 48.849842, "volume": 4160100, "typical_volume": 4274865.0, "trend": 37.294871, "fair_value": 30.037127, "relative_strength": 12.062597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.7344, "energy": 65.244734, "activity_lines": [ 49.622042, 47.528259, 42.687859, 40.109112 ] }, { "date": "2024-07-05", "close": 59.089851, "volume": 21463050, "typical_volume": 5338200.0, "trend": 38.164992, "fair_value": 30.255068, "relative_strength": 31.662175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.179184, "energy": 72.429639, "activity_lines": [ 52.514983, 50.15083, 44.56819, 41.515239 ] }, { "date": "2024-07-12", "close": 58.838039, "volume": 39696300, "typical_volume": 7291987.5, "trend": 39.016926, "fair_value": 30.469902, "relative_strength": 28.256604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.454099, "energy": 69.859985, "activity_lines": [ 54.937889, 52.282001, 46.301436, 42.848984 ] }, { "date": "2024-07-19", "close": 55.396736, "volume": 6837600, "typical_volume": 7600320.0, "trend": 39.742959, "fair_value": 30.658623, "relative_strength": 25.563525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.854761, "energy": 62.840014, "activity_lines": [ 55.704492, 53.38078, 47.587032, 43.905746 ] }, { "date": "2024-07-26", "close": 57.495098, "volume": 4966500, "typical_volume": 7793992.5, "trend": 40.520752, "fair_value": 30.861222, "relative_strength": 33.716331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.653905, "energy": 63.16519, "activity_lines": [ 56.840406, 54.561967, 48.968753, 45.051046 ] }, { "date": "2024-08-02", "close": 57.327229, "volume": 5681550, "typical_volume": 7996852.5, "trend": 41.305539, "fair_value": 31.06306, "relative_strength": 35.245877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.827978, "energy": 57.890622, "activity_lines": [ 57.304845, 55.357056, 50.220576, 46.135334 ] }, { "date": "2024-08-09", "close": 49.090839, "volume": 5460150, "typical_volume": 8214420.0, "trend": 41.836763, "fair_value": 31.212784, "relative_strength": 16.269409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.920323, "energy": 38.30259, "activity_lines": [ 54.458661, 54.460807, 50.575468, 46.637612 ] }, { "date": "2024-08-16", "close": 53.105705, "volume": 3403000, "typical_volume": 8355695.0, "trend": 42.507412, "fair_value": 31.389611, "relative_strength": 20.253197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.047355, "energy": 30.934303, "activity_lines": [ 53.617367, 54.371034, 51.242835, 47.36464 ] }, { "date": "2024-08-23", "close": 50.64204, "volume": 2425000, "typical_volume": 8451115.0, "trend": 43.100136, "fair_value": 31.561583, "relative_strength": 15.197417, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.913617, "energy": 21.534182, "activity_lines": [ 52.337006, 53.798673, 51.586755, 47.889455 ] }, { "date": "2024-08-30", "close": 51.189518, "volume": 1740000, "typical_volume": 8462830.0, "trend": 43.720901, "fair_value": 31.740709, "relative_strength": 15.411186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.965843, "energy": 24.671356, "activity_lines": [ 51.556118, 53.322264, 51.906334, 48.411351 ] }, { "date": "2024-09-06", "close": 49.182091, "volume": 1765000, "typical_volume": 8507085.0, "trend": 44.276151, "fair_value": 31.897625, "relative_strength": 14.775158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.306092, "energy": 19.821241, "activity_lines": [ 50.52646, 52.427646, 51.957839, 48.763685 ] }, { "date": "2024-09-13", "close": 48.45211, "volume": 1288000, "typical_volume": 8551902.5, "trend": 44.783286, "fair_value": 32.048951, "relative_strength": 11.036454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.595199, "energy": 14.842728, "activity_lines": [ 49.796484, 51.394263, 51.867496, 49.033102 ] }, { "date": "2024-09-20", "close": 48.360867, "volume": 753000, "typical_volume": 8481035.0, "trend": 45.273391, "fair_value": 32.20197, "relative_strength": 8.571436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.025381, "energy": 13.96988, "activity_lines": [ 49.078675, 50.537705, 51.70241, 49.263914 ] }, { "date": "2024-09-27", "close": 59.21925, "volume": 15151000, "typical_volume": 8842000.0, "trend": 46.126842, "fair_value": 32.424367, "relative_strength": 28.281024, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.161154, "energy": 23.681647, "activity_lines": [ 52.29665, 51.845891, 52.51483, 50.163647 ] }, { "date": "2024-10-04", "close": 58.763016, "volume": 6913000, "typical_volume": 9089895.0, "trend": 46.966483, "fair_value": 32.645206, "relative_strength": 29.394799, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 55.2087, "energy": 40.82525, "activity_lines": [ 54.790733, 53.001626, 53.187258, 50.978884 ] }, { "date": "2024-10-11", "close": 55.295631, "volume": 2877000, "typical_volume": 8458162.5, "trend": 47.686348, "fair_value": 32.848603, "relative_strength": 18.024779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.496051, "energy": 52.296639, "activity_lines": [ 55.624121, 53.503874, 53.430294, 51.516248 ] }, { "date": "2024-10-18", "close": 56.208099, "volume": 2840000, "typical_volume": 7413032.5, "trend": 48.412847, "fair_value": 33.056254, "relative_strength": 16.482046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.859036, "energy": 58.04612, "activity_lines": [ 56.354096, 54.208964, 53.719146, 52.066039 ] }, { "date": "2024-10-25", "close": 55.660618, "volume": 5547000, "typical_volume": 7409140.0, "trend": 49.119698, "fair_value": 33.260624, "relative_strength": 15.584407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.852662, "energy": 52.863424, "activity_lines": [ 56.384511, 54.685106, 53.942001, 52.533637 ] }, { "date": "2024-11-01", "close": 53.2882, "volume": 1120000, "typical_volume": 7213035.0, "trend": 49.743272, "fair_value": 33.448646, "relative_strength": 13.00859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.666076, "energy": 28.133726, "activity_lines": [ 55.13747, 54.683448, 53.91767, 52.802572 ] }, { "date": "2024-11-08", "close": 50.915779, "volume": 2620000, "typical_volume": 6835362.5, "trend": 50.272377, "fair_value": 33.618499, "relative_strength": 4.23441, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.962047, "energy": 9.627775, "activity_lines": [ 53.495025, 54.202327, 53.653853, 52.878218 ] }, { "date": "2024-11-15", "close": 50.368298, "volume": 2122000, "typical_volume": 6733457.5, "trend": 50.818205, "fair_value": 33.782108, "relative_strength": 6.477772, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.388799, "energy": 14.111212, "activity_lines": [ 52.193236, 53.626642, 53.32526, 52.884406 ] }, { "date": "2024-11-22", "close": 51.098274, "volume": 979543, "typical_volume": 5709282.15, "trend": 51.368781, "fair_value": 33.935358, "relative_strength": 6.92786, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.867818, "energy": 20.185096, "activity_lines": [ 51.463261, 53.162113, 53.058957, 52.902475 ] }, { "date": "2024-11-29", "close": 51.007027, "volume": 999000, "typical_volume": 3774417.15, "trend": 51.853365, "fair_value": 34.095315, "relative_strength": 9.423244, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.78984, "energy": 24.897802, "activity_lines": [ 51.043526, 52.632881, 52.82202, 52.879136 ] }, { "date": "2024-12-06", "close": 54.930645, "volume": 7651000, "typical_volume": 3815087.15, "trend": 52.3862, "fair_value": 34.281334, "relative_strength": 12.62429, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.697487, "energy": 10.003303, "activity_lines": [ 52.241902, 52.768922, 52.99605, 53.077671 ] }, { "date": "2024-12-13", "close": 50.185806, "volume": 2055000, "typical_volume": 3669512.15, "trend": 52.794448, "fair_value": 34.437166, "relative_strength": 3.387429, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.390207, "energy": 16.597754, "activity_lines": [ 51.749169, 52.120239, 52.720411, 52.93571 ] }, { "date": "2024-12-20", "close": 49.638325, "volume": 1478000, "typical_volume": 3459334.65, "trend": 52.893474, "fair_value": 34.587893, "relative_strength": 4.297037, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.183692, "energy": 27.428289, "activity_lines": [ 51.122607, 51.527964, 52.427437, 52.732089 ] }, { "date": "2024-12-27", "close": 51.372013, "volume": 3410000, "typical_volume": 3356827.15, "trend": 52.829262, "fair_value": 34.752696, "relative_strength": 4.104215, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.117494, "energy": 23.473266, "activity_lines": [ 51.122607, 51.353765, 52.33619, 52.63393 ] }, { "date": "2025-01-03", "close": 48.725857, "volume": 819000, "typical_volume": 3227627.15, "trend": 52.74679, "fair_value": 34.900308, "relative_strength": 0.14494, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.72351, "energy": 48.820892, "activity_lines": [ 50.222305, 50.786376, 51.982066, 52.369194 ] }, { "date": "2025-01-10", "close": 45.34972, "volume": 1184000, "typical_volume": 3165577.15, "trend": 52.576961, "fair_value": 35.018076, "relative_strength": -7.278522, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.374116, "energy": 64.302608, "activity_lines": [ 48.348702, 49.73123, 51.327261, 51.891964 ] }, { "date": "2025-01-17", "close": 44.117882, "volume": 618000, "typical_volume": 3109477.15, "trend": 52.438814, "fair_value": 35.133188, "relative_strength": -10.360647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.432916, "energy": 72.800468, "activity_lines": [ 46.703214, 48.59645, 50.580339, 51.346217 ] }, { "date": "2025-01-24", "close": 44.939106, "volume": 296000, "typical_volume": 3036027.15, "trend": 52.308456, "fair_value": 35.248779, "relative_strength": -10.224919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.646966, "energy": 76.410588, "activity_lines": [ 45.735996, 47.734581, 49.945304, 50.862365 ] }, { "date": "2025-02-07", "close": 46.079693, "volume": 539956, "typical_volume": 2998624.95, "trend": 51.874784, "fair_value": 35.370315, "relative_strength": -7.894227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.110833, "energy": 73.697552, "activity_lines": [ 45.462255, 47.178804, 49.439101, 50.460509 ] }, { "date": "2025-02-14", "close": 46.900917, "volume": 677221, "typical_volume": 2994836.0, "trend": 51.47688, "fair_value": 35.493242, "relative_strength": -5.129657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.639029, "energy": 64.867014, "activity_lines": [ 45.815077, 46.863588, 49.022407, 50.139614 ] }, { "date": "2025-02-21", "close": 47.539642, "volume": 556666, "typical_volume": 2265119.3, "trend": 51.214977, "fair_value": 35.60887, "relative_strength": -6.361472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.631454, "energy": 40.745766, "activity_lines": [ 46.50247, 46.73916, 48.673496, 49.885599 ] }, { "date": "2025-02-28", "close": 46.262188, "volume": 347479, "typical_volume": 1936843.25, "trend": 50.840546, "fair_value": 35.708791, "relative_strength": -6.390653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.910608, "energy": 32.41533, "activity_lines": [ 46.61805, 46.516849, 48.258539, 49.566064 ] }, { "date": "2025-03-07", "close": 46.262188, "volume": 549777, "typical_volume": 1820482.1, "trend": 50.471711, "fair_value": 35.823522, "relative_strength": -4.646684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.557284, "energy": 29.760449, "activity_lines": [ 46.590676, 46.365877, 47.903111, 49.270686 ] }, { "date": "2025-03-14", "close": 45.805954, "volume": 446043, "typical_volume": 1700784.25, "trend": 50.362215, "fair_value": 35.928266, "relative_strength": -3.309839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.552305, "energy": 33.712672, "activity_lines": [ 46.323019, 46.193338, 47.547248, 48.96967 ] }, { "date": "2025-03-21", "close": 46.718422, "volume": 736726, "typical_volume": 1460270.55, "trend": 50.149306, "fair_value": 36.051162, "relative_strength": -2.793376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.35454, "energy": 33.744349, "activity_lines": [ 46.377767, 46.287902, 47.327821, 48.734586 ] }, { "date": "2025-03-28", "close": 44.209133, "volume": 570099, "typical_volume": 1432775.5, "trend": 49.934876, "fair_value": 36.145213, "relative_strength": -5.722409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.634108, "energy": 53.865183, "activity_lines": [ 45.608252, 45.962732, 46.911996, 48.351349 ] }, { "date": "2025-04-04", "close": 43.616024, "volume": 638533, "typical_volume": 1333702.15, "trend": 49.682426, "fair_value": 36.229538, "relative_strength": -5.948421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.630692, "energy": 66.520314, "activity_lines": [ 44.863068, 45.550461, 46.482918, 47.943682 ] }, { "date": "2025-04-11", "close": 35.905659, "volume": 1860799, "typical_volume": 1320642.1, "trend": 49.239878, "fair_value": 36.266489, "relative_strength": -15.662373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.93133, "energy": 87.788052, "activity_lines": [ 41.724173, 43.745431, 45.35428, 47.054858 ] }, { "date": "2025-04-18", "close": 36.863754, "volume": 485677, "typical_volume": 1295948.8, "trend": 48.8536, "fair_value": 36.311404, "relative_strength": -12.976669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.444347, "energy": 94.126196, "activity_lines": [ 39.595078, 42.278844, 44.385759, 46.256398 ] }, { "date": "2025-04-25", "close": 36.681263, "volume": 338348, "typical_volume": 1262916.2, "trend": 48.464279, "fair_value": 36.356516, "relative_strength": -15.567026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.934607, "energy": 91.768321, "activity_lines": [ 38.001299, 40.946639, 43.467642, 45.471086 ] }, { "date": "2025-05-02", "close": 37.86747, "volume": 356671, "typical_volume": 898199.75, "trend": 47.752553, "fair_value": 36.405359, "relative_strength": -16.748255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.023745, "energy": 87.876885, "activity_lines": [ 37.472067, 40.015921, 42.730714, 44.787421 ] }, { "date": "2025-05-09", "close": 38.506199, "volume": 825331, "typical_volume": 836716.3, "trend": 47.077326, "fair_value": 36.463081, "relative_strength": -15.894577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.768788, "energy": 80.187371, "activity_lines": [ 37.578522, 39.377192, 42.135871, 44.190882 ] }, { "date": "2025-05-16", "close": 45.897198, "volume": 3640718, "typical_volume": 944852.2, "trend": 46.764045, "fair_value": 36.570004, "relative_strength": -4.198659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.161118, "energy": 32.650726, "activity_lines": [ 40.489298, 40.2233, 42.30055, 44.114745 ] }, { "date": "2025-05-23", "close": 44.254753, "volume": 1039483, "typical_volume": 826326.35, "trend": 46.3656, "fair_value": 36.676196, "relative_strength": -7.021541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.007607, "energy": 21.186966, "activity_lines": [ 42.18649, 40.777417, 42.32662, 43.952855 ] }, { "date": "2025-05-30", "close": 43.570404, "volume": 278133, "typical_volume": 799283.0, "trend": 45.962593, "fair_value": 36.771622, "relative_strength": -7.051717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.639096, "energy": 25.261428, "activity_lines": [ 43.162833, 41.235311, 42.321406, 43.77252 ] }, { "date": "2025-06-06", "close": 45.440964, "volume": 626800, "typical_volume": 771423.0, "trend": 45.701019, "fair_value": 36.883595, "relative_strength": -4.111566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.869613, "energy": 23.835799, "activity_lines": [ 44.303419, 42.090543, 42.518891, 43.738866 ] }, { "date": "2025-06-13", "close": 42.33857, "volume": 1264959, "typical_volume": 803770.95, "trend": 45.415112, "fair_value": 36.972035, "relative_strength": -11.998778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.252501, "energy": 19.511957, "activity_lines": [ 43.904975, 42.359307, 42.420474, 43.521934 ] }, { "date": "2025-06-20", "close": 40.92424, "volume": 383436, "typical_volume": 808142.75, "trend": 45.10031, "fair_value": 37.049814, "relative_strength": -14.543081, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.549152, "energy": 13.087341, "activity_lines": [ 42.779596, 42.394147, 42.195833, 43.2322 ] }, { "date": "2025-06-27", "close": 41.654221, "volume": 219518, "typical_volume": 792120.85, "trend": 44.785508, "fair_value": 37.13683, "relative_strength": -14.903251, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.273703, "energy": 14.752422, "activity_lines": [ 42.229074, 42.470463, 42.059832, 43.009872 ] }, { "date": "2025-07-04", "close": 40.787373, "volume": 251852, "typical_volume": 770852.4, "trend": 44.444853, "fair_value": 37.220339, "relative_strength": -16.322175, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.365481, "energy": 25.094587, "activity_lines": [ 41.562972, 42.302071, 41.862348, 42.751928 ] }, { "date": "2025-07-11", "close": 41.745464, "volume": 311495, "typical_volume": 758593.85, "trend": 44.005347, "fair_value": 37.318876, "relative_strength": -14.611137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.663078, "energy": 26.032586, "activity_lines": [ 41.401768, 42.233221, 41.785222, 42.577774 ] }, { "date": "2025-07-18", "close": 41.882336, "volume": 465872, "typical_volume": 764513.5, "trend": 43.728564, "fair_value": 37.413278, "relative_strength": -16.14498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.075045, "energy": 23.679834, "activity_lines": [ 41.532556, 42.118748, 41.748723, 42.440805 ] }, { "date": "2025-07-25", "close": 41.927959, "volume": 698042, "typical_volume": 771926.75, "trend": 43.471552, "fair_value": 37.518453, "relative_strength": -15.508707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.703428, "energy": 19.141808, "activity_lines": [ 41.708967, 41.951185, 41.737426, 42.324637 ] }, { "date": "2025-08-01", "close": 41.22422, "volume": 1236888, "typical_volume": 811469.0, "trend": 43.133292, "fair_value": 37.614041, "relative_strength": -16.540077, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.217444, "energy": 18.142732, "activity_lines": [ 41.583883, 41.727838, 41.679746, 42.179648 ] }, { "date": "2025-08-08", "close": 37.476563, "volume": 1627849, "typical_volume": 856025.15, "trend": 42.758316, "fair_value": 37.686362, "relative_strength": -25.238064, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.398854, "energy": 43.225934, "activity_lines": [ 40.238247, 40.8782, 41.286963, 41.814698 ] }, { "date": "2025-08-15", "close": 36.707813, "volume": 1341119, "typical_volume": 894576.15, "trend": 42.470252, "fair_value": 37.755268, "relative_strength": -27.192116, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -76.182619, "energy": 71.026769, "activity_lines": [ 38.857082, 39.999586, 40.864975, 41.424343 ] }, { "date": "2025-08-22", "close": 36.611717, "volume": 950752, "typical_volume": 910187.1, "trend": 42.220047, "fair_value": 37.818767, "relative_strength": -25.059727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.087083, "energy": 79.663769, "activity_lines": [ 37.779728, 39.262284, 40.469555, 41.046373 ] }, { "date": "2025-08-29", "close": 37.572655, "volume": 660125, "typical_volume": 850153.4, "trend": 41.974499, "fair_value": 37.883888, "relative_strength": -24.05789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.956155, "energy": 76.849769, "activity_lines": [ 37.374062, 38.803823, 40.199007, 40.746541 ] }, { "date": "2025-09-05", "close": 36.515625, "volume": 549980, "typical_volume": 853368.55, "trend": 41.655696, "fair_value": 37.938704, "relative_strength": -26.422248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.959529, "energy": 79.639267, "activity_lines": [ 36.906406, 38.214113, 39.819852, 40.394356 ] }, { "date": "2025-09-12", "close": 36.227345, "volume": 747577, "typical_volume": 873830.0, "trend": 41.299911, "fair_value": 37.995705, "relative_strength": -29.225445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.967463, "energy": 79.091196, "activity_lines": [ 36.656562, 37.665417, 39.414899, 40.044139 ] }, { "date": "2025-09-19", "close": 37.957031, "volume": 1323942, "typical_volume": 922193.55, "trend": 40.98049, "fair_value": 38.065559, "relative_strength": -25.618257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.252942, "energy": 49.029691, "activity_lines": [ 37.066562, 37.514119, 39.17684, 39.82847 ] }, { "date": "2025-09-26", "close": 36.948048, "volume": 885275, "typical_volume": 925190.75, "trend": 40.670019, "fair_value": 38.126424, "relative_strength": -27.082284, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.821542, "energy": 47.309946, "activity_lines": [ 37.056954, 37.24825, 38.84226, 39.568312 ] }, { "date": "2025-10-03", "close": 36.659767, "volume": 349085, "typical_volume": 760609.1, "trend": 40.349938, "fair_value": 38.188215, "relative_strength": -30.011101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.646053, "energy": 45.234016, "activity_lines": [ 36.928829, 37.019681, 38.487645, 39.309586 ] }, { "date": "2025-10-10", "close": 36.707813, "volume": 454629, "typical_volume": 731366.4, "trend": 40.046667, "fair_value": 38.251826, "relative_strength": -30.425686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.188104, "energy": 41.599862, "activity_lines": [ 36.877579, 36.895633, 38.181594, 39.074611 ] }, { "date": "2025-10-17", "close": 36.948048, "volume": 969193, "typical_volume": 765919.4, "trend": 39.720988, "fair_value": 38.312187, "relative_strength": -29.224096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.702886, "energy": 38.775765, "activity_lines": [ 36.893595, 36.89738, 37.93436, 38.8747 ] }, { "date": "2025-10-24", "close": 45.644531, "volume": 12296240, "typical_volume": 1349391.4, "trend": 39.768834, "fair_value": 38.43611, "relative_strength": -12.649638, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 4.54801, "energy": 14.854851, "activity_lines": [ 39.760391, 38.489915, 38.546897, 39.256864 ] }, { "date": "2025-10-31", "close": 44.587502, "volume": 21293149, "typical_volume": 2350800.9, "trend": 39.801217, "fair_value": 38.558804, "relative_strength": -16.107342, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.872015, "energy": 37.021206, "activity_lines": [ 41.762345, 39.727778, 39.057795, 39.567746 ] }, { "date": "2025-11-07", "close": 44.491405, "volume": 5799968, "typical_volume": 2621627.5, "trend": 40.087408, "fair_value": 38.682647, "relative_strength": -13.883972, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.856406, "energy": 46.346711, "activity_lines": [ 43.222969, 40.803154, 39.548833, 39.870338 ] }, { "date": "2025-11-14", "close": 48.239063, "volume": 25385476, "typical_volume": 3879925.4, "trend": 40.466585, "fair_value": 38.822194, "relative_strength": -5.374306, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.346447, "energy": 61.226892, "activity_lines": [ 45.410703, 42.434127, 40.379803, 40.396251 ] }, { "date": "2025-11-21", "close": 46.653515, "volume": 11643094, "typical_volume": 4449487.5, "trend": 40.798994, "fair_value": 38.947542, "relative_strength": -4.709178, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.406772, "energy": 64.906321, "activity_lines": [ 46.301172, 43.563665, 41.028413, 40.795408 ] }, { "date": "2025-11-28", "close": 51.410156, "volume": 11981196, "typical_volume": 5032972.55, "trend": 41.250417, "fair_value": 39.102374, "relative_strength": 0.864956, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.261371, "energy": 77.073599, "activity_lines": [ 48.130156, 45.36848, 42.102102, 41.479999 ] }, { "date": "2025-12-05", "close": 47.278126, "volume": 6927620, "typical_volume": 5356059.95, "trend": 41.542814, "fair_value": 39.231222, "relative_strength": -7.839002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.620005, "energy": 55.507044, "activity_lines": [ 48.197422, 46.177415, 42.736242, 41.868884 ] }, { "date": "2025-12-12", "close": 48.815624, "volume": 9947821, "typical_volume": 5818548.9, "trend": 41.640095, "fair_value": 39.366649, "relative_strength": -4.939253, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.270685, "energy": 49.011749, "activity_lines": [ 48.597812, 47.078075, 43.491116, 42.338097 ] }, { "date": "2025-12-19", "close": 47.566406, "volume": 3615608, "typical_volume": 5937484.9, "trend": 41.750483, "fair_value": 39.495076, "relative_strength": -5.231146, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.797608, "energy": 45.231653, "activity_lines": [ 48.293515, 47.530589, 44.094219, 42.72044 ] }, { "date": "2025-12-26", "close": 51.506248, "volume": 10218572, "typical_volume": 6367021.05, "trend": 42.015012, "fair_value": 39.648002, "relative_strength": -0.045086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.342842, "energy": 46.168844, "activity_lines": [ 49.347343, 48.502009, 45.042344, 43.349844 ] }, { "date": "2026-01-02", "close": 51.506248, "volume": 5492199, "typical_volume": 6574575.05, "trend": 42.217188, "fair_value": 39.802441, "relative_strength": -2.277513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.908972, "energy": 45.28308, "activity_lines": [ 50.077655, 49.208735, 45.92366, 43.962182 ] }, { "date": "2026-01-09", "close": 48.623436, "volume": 6257419, "typical_volume": 6839908.4, "trend": 42.426683, "fair_value": 39.938653, "relative_strength": -10.105288, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.08878, "energy": 37.830027, "activity_lines": [ 49.840623, 49.284736, 46.459955, 44.375488 ] }, { "date": "2026-01-16", "close": 50.641407, "volume": 11147818, "typical_volume": 7364293.05, "trend": 42.750589, "fair_value": 40.087295, "relative_strength": -9.362484, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.76505, "energy": 38.541189, "activity_lines": [ 50.186562, 49.654261, 47.131239, 44.905471 ] }, { "date": "2026-01-23", "close": 48.815624, "volume": 3724089, "typical_volume": 7522998.5, "trend": 42.989302, "fair_value": 40.218184, "relative_strength": -13.788584, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.690005, "energy": 33.395919, "activity_lines": [ 49.802187, 49.580006, 47.566406, 45.296763 ] }, { "date": "2026-01-30", "close": 45.308205, "volume": 2644496, "typical_volume": 7617844.45, "trend": 43.139997, "fair_value": 40.325328, "relative_strength": -19.805257, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.828546, "energy": 19.354901, "activity_lines": [ 48.165391, 48.857556, 47.608962, 45.44637 ] }, { "date": "2026-02-06", "close": 43.242188, "volume": 978446, "typical_volume": 7600569.65, "trend": 43.189887, "fair_value": 40.411665, "relative_strength": -22.275036, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.047681, "energy": 14.277274, "activity_lines": [ 46.253125, 47.783927, 47.411512, 45.452963 ] }, { "date": "2026-02-13", "close": 43.482422, "volume": 474514, "typical_volume": 7580031.6, "trend": 43.243224, "fair_value": 40.494499, "relative_strength": -25.483385, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.076831, "energy": 16.156244, "activity_lines": [ 44.971875, 46.902486, 47.211774, 45.471836 ] }, { "date": "2026-02-27", "close": 45.692577, "volume": 1561270, "typical_volume": 7640640.85, "trend": 43.368711, "fair_value": 40.589484, "relative_strength": -25.103632, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.743874, "energy": 20.212285, "activity_lines": [ 44.770078, 46.491903, 47.191412, 45.629859 ] }, { "date": "2026-03-06", "close": 42.713673, "volume": 1049907, "typical_volume": 7670404.75, "trend": 43.418359, "fair_value": 40.665878, "relative_strength": -25.593612, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.419309, "energy": 27.907569, "activity_lines": [ 43.905235, 45.596484, 46.84433, 45.587598 ] }, { "date": "2026-03-13", "close": 41.704689, "volume": 753267, "typical_volume": 7659608.45, "trend": 43.559297, "fair_value": 40.732022, "relative_strength": -26.25342, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.594575, "energy": 44.191106, "activity_lines": [ 43.11086, 44.605846, 46.372556, 45.477039 ] }, { "date": "2026-03-20", "close": 42.233204, "volume": 843955, "typical_volume": 7086994.2, "trend": 43.743477, "fair_value": 40.815421, "relative_strength": -24.934147, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.992526, "energy": 40.68113, "activity_lines": [ 42.732891, 43.889511, 45.928465, 45.391484 ] }, { "date": "2026-03-27", "close": 41.464455, "volume": 504406, "typical_volume": 6047557.05, "trend": 43.905235, "fair_value": 40.896413, "relative_strength": -24.604651, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.187464, "energy": 43.225793, "activity_lines": [ 42.165939, 43.202004, 45.427405, 45.244451 ] }, { "date": "2026-04-03", "close": 40.167187, "volume": 513389, "typical_volume": 5783228.1, "trend": 43.991719, "fair_value": 40.965812, "relative_strength": -25.046486, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.2007, "energy": 51.522851, "activity_lines": [ 41.301095, 42.408793, 44.817668, 45.003286 ] }, { "date": "2026-04-10", "close": 43.001953, "volume": 540557, "typical_volume": 4540982.15, "trend": 44.20793, "fair_value": 41.054391, "relative_strength": -25.477039, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.290959, "energy": 35.989699, "activity_lines": [ 41.749532, 42.321435, 44.498499, 44.939431 ] }, { "date": "2026-04-17", "close": 44.299217, "volume": 1173432, "typical_volume": 4017499.05, "trend": 44.476992, "fair_value": 41.151033, "relative_strength": -25.563124, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.732934, "energy": 21.166457, "activity_lines": [ 42.611171, 42.575646, 44.327818, 44.94532 ] }, { "date": "2026-04-24", "close": 41.704689, "volume": 752530, "typical_volume": 3456065.75, "trend": 44.601914, "fair_value": 41.227262, "relative_strength": -33.093184, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.687598, "energy": 21.961199, "activity_lines": [ 42.435, 42.37647, 43.92125, 44.766462 ] }, { "date": "2026-05-01", "close": 41.17617, "volume": 397383, "typical_volume": 3129553.9, "trend": 44.742852, "fair_value": 41.301112, "relative_strength": -33.299966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.735903, "energy": 29.123299, "activity_lines": [ 42.11789, 42.109155, 43.510564, 44.545446 ] }, { "date": "2026-05-08", "close": 44.875782, "volume": 2041418, "typical_volume": 2734233.75, "trend": 45.016719, "fair_value": 41.398677, "relative_strength": -31.366678, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.670635, "energy": 18.096682, "activity_lines": [ 43.053203, 42.556428, 43.481278, 44.554022 ] }, { "date": "2026-05-15", "close": 50.929688, "volume": 11791756, "typical_volume": 3143041.15, "trend": 45.490781, "fair_value": 41.530006, "relative_strength": -20.705163, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 31.568047, "energy": 24.190869, "activity_lines": [ 45.692578, 44.119261, 44.047316, 44.935504 ] }, { "date": "2026-05-22", "close": 67.073441, "volume": 13077388, "typical_volume": 3285981.95, "trend": 46.494961, "fair_value": 41.769107, "relative_strength": 2.371977, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.261998, "energy": 71.786749, "activity_lines": [ 53.184689, 48.467941, 46.134839, 46.327934 ] }, { "date": "2026-05-29", "close": 73.992188, "volume": 40634513, "typical_volume": 5043097.65, "trend": 47.439883, "fair_value": 42.048778, "relative_strength": 7.22736, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.80112, "energy": 96.921659, "activity_lines": [ 61.464767, 53.613325, 48.80716, 48.101948 ] }, { "date": "2026-06-05", "close": 80.334373, "volume": 32751277, "typical_volume": 6367790.55, "trend": 48.631445, "fair_value": 42.368599, "relative_strength": 15.918962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.952907, "energy": 97.736264, "activity_lines": [ 69.706407, 59.334397, 51.976423, 50.224174 ] }, { "date": "2026-06-12", "close": 72.646873, "volume": 50177642, "typical_volume": 8319281.75, "trend": 49.569961, "fair_value": 42.637629, "relative_strength": 7.576352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.489007, "energy": 88.796813, "activity_lines": [ 72.774999, 62.951015, 54.262539, 51.773556 ] }, { "date": "2026-06-19", "close": 86.099998, "volume": 25987179, "typical_volume": 9432436.25, "trend": 50.831992, "fair_value": 42.989871, "relative_strength": 21.296717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.578779, "energy": 95.69171, "activity_lines": [ 78.476561, 68.423117, 57.725117, 54.130333 ] }, { "date": "2026-06-26", "close": 71.878128, "volume": 24552443, "typical_volume": 10527833.6, "trend": 51.672812, "fair_value": 43.24893, "relative_strength": 5.887577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.424351, "energy": 66.823797, "activity_lines": [ 77.092812, 70.525824, 59.655687, 55.488148 ] }, { "date": "2026-07-03", "close": 72.839066, "volume": 11673899, "typical_volume": 11062606.25, "trend": 52.387109, "fair_value": 43.515914, "relative_strength": 2.609369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.333217, "energy": 60.38706, "activity_lines": [ 75.709064, 72.301812, 61.55125, 56.853713 ] }, { "date": "2026-07-10", "close": 65.824219, "volume": 5690326, "typical_volume": 11323396.85, "trend": 53.005313, "fair_value": 43.739192, "relative_strength": -3.921604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.68608, "energy": 45.268037, "activity_lines": [ 72.063907, 72.236293, 62.637796, 57.720623 ] }, { "date": "2026-07-17", "close": 54.773438, "volume": 4372975, "typical_volume": 11463982.1, "trend": 53.203906, "fair_value": 43.892136, "relative_strength": -14.423489, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.258089, "energy": 22.165049, "activity_lines": [ 65.702501, 69.713396, 62.565497, 57.834695 ] }, { "date": "2026-07-24", "close": 52.563282, "volume": 3106209, "typical_volume": 11566797.2, "trend": 53.370469, "fair_value": 44.030911, "relative_strength": -19.118091, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.544702, "energy": 22.832347, "activity_lines": [ 59.795939, 66.608694, 62.239465, 57.793365 ] }, { "date": "2026-07-31", "close": 48.900002, "volume": 3250856, "typical_volume": 11691676.65, "trend": 53.283594, "fair_value": 44.142675, "relative_strength": -23.165675, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.246397, "energy": 23.113715, "activity_lines": [ 54.904064, 62.80824, 61.517646, 57.504948 ] }, { "date": "2026-08-07", "close": 51.400002, "volume": 3437130, "typical_volume": 11821335.4, "trend": 53.280053, "fair_value": 44.269052, "relative_strength": -20.640324, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.614429, "energy": 31.619488, "activity_lines": [ 52.377397, 59.792757, 60.999659, 57.383426 ] }, { "date": "2026-08-14", "close": 56.5, "volume": 9128046, "typical_volume": 12252517.4, "trend": 53.542605, "fair_value": 44.429466, "relative_strength": -15.421518, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.024723, "energy": 27.337468, "activity_lines": [ 52.980001, 58.115314, 60.923734, 57.591164 ] } ], "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." } } }