{ "ticker": { "uuid": "e9a214b4-efb7-4057-921a-d49b51c3cb0e", "symbol": "4760", "name": "Ample Electronic Technology Co.,Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -21.518, "architecture_energy": 36.744, "architecture_maturity": 3.194, "architecture_confidence": 70.092, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 39.3, "rotation_up": 14.55, "upward_expansion": 19.55, "deceleration": 56.52, "rotation_down": 63.8, "downward_expansion": 46.88 }, "activity_lines": [ 241.066667, 266.654545, 297.42619, 283.051408 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 261.0, "trend_reference": 257.16056, "distance_from_trend": 0.01493, "trend_direction": "Improving", "fair_value": 133.787926, "distance_from_fair_value": 0.950849, "fair_value_direction": "Weakening", "relative_strength": -10.504677, "relative_strength_direction": "Weakening", "price_momentum": 0.585265, "excess_performance": 0.143893, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.01493, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.182614, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.950849, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.70319, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.105047, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.365922, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.585265, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.606385, "read": "Supply-led" } ], "volume": { "latest": 3166541, "relative_activity": 0.521632, "balance": 0.606385, "dry_up": 0.445127, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.256558, "annualized_volatility": 0.969695, "from_high_reference": -0.488235, "from_low_reference": 1.116778 }, "levels": { "trend_reference": 257.16056, "fair_value_reference": 133.787926, "structural_low": 157.801532, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": -0.088561, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.045082, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-02-28", "tenure": "Established", "return": 0.039648, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.105932, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.200227, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.01706, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": 0.128099, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-10-17", "tenure": "Established", "return": 0.176596, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": -0.051429, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-02-06", "tenure": "Established", "return": -0.031609, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": 0.108724, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-10", "end": "2026-07-03", "tenure": "Established", "return": 0.369565, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.260938, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-14", "end": "2026-08-14", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 60.957394, "volume": 445200, "typical_volume": 513870.0, "trend": 57.778776, "fair_value": 65.865532, "relative_strength": 11.071035, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.365108, "energy": 18.183373, "activity_lines": [ 61.902878, 63.380523, 64.425432, 62.056817 ] }, { "date": "2023-08-18", "close": 60.693123, "volume": 239400, "typical_volume": 514132.5, "trend": 58.431634, "fair_value": 65.887204, "relative_strength": 11.618083, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.138445, "energy": 19.565193, "activity_lines": [ 61.333236, 62.645492, 64.176229, 62.244839 ] }, { "date": "2023-08-25", "close": 61.133564, "volume": 111300, "typical_volume": 513555.0, "trend": 59.079191, "fair_value": 65.918576, "relative_strength": 11.337634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.683214, "energy": 19.278787, "activity_lines": [ 61.139439, 62.123365, 63.927907, 62.419157 ] }, { "date": "2023-09-01", "close": 63.159603, "volume": 143850, "typical_volume": 473340.0, "trend": 59.628712, "fair_value": 65.961462, "relative_strength": 13.502122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.122699, "energy": 14.705226, "activity_lines": [ 61.744314, 62.113754, 63.838757, 62.68241 ] }, { "date": "2023-09-08", "close": 68.621101, "volume": 3096450, "typical_volume": 581280.0, "trend": 60.405957, "fair_value": 66.04034, "relative_strength": 23.253172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.858613, "energy": 26.48809, "activity_lines": [ 64.099217, 63.180427, 64.234068, 63.262564 ] }, { "date": "2023-09-15", "close": 69.590088, "volume": 1234800, "typical_volume": 572670.0, "trend": 61.158408, "fair_value": 66.125921, "relative_strength": 21.777088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.012438, "energy": 41.633106, "activity_lines": [ 66.324927, 64.352808, 64.657934, 63.855089 ] }, { "date": "2023-09-22", "close": 68.973465, "volume": 514500, "typical_volume": 539542.5, "trend": 61.953108, "fair_value": 66.214425, "relative_strength": 24.104742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.382293, "energy": 50.105544, "activity_lines": [ 67.769583, 65.344207, 64.994289, 64.359286 ] }, { "date": "2023-09-29", "close": 68.004494, "volume": 177450, "typical_volume": 496387.5, "trend": 62.709799, "fair_value": 66.303103, "relative_strength": 21.516468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.628646, "energy": 59.726535, "activity_lines": [ 68.339227, 66.071341, 65.240242, 64.749698 ] }, { "date": "2023-10-06", "close": 66.154625, "volume": 316050, "typical_volume": 495127.5, "trend": 63.202146, "fair_value": 66.359785, "relative_strength": 16.317885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.147492, "energy": 58.051874, "activity_lines": [ 67.834185, 66.370843, 65.309581, 64.971945 ] }, { "date": "2023-10-13", "close": 62.366814, "volume": 430500, "typical_volume": 483892.5, "trend": 63.611053, "fair_value": 66.417727, "relative_strength": 7.471015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.43121, "energy": 14.765867, "activity_lines": [ 65.866871, 65.907977, 65.01513, 64.918052 ] }, { "date": "2023-10-20", "close": 58.931351, "volume": 309750, "typical_volume": 465990.0, "trend": 63.794112, "fair_value": 66.447752, "relative_strength": 3.284154, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.464524, "energy": 23.728004, "activity_lines": [ 63.171356, 64.810873, 64.413376, 64.616136 ] }, { "date": "2023-10-27", "close": 59.724144, "volume": 175350, "typical_volume": 446617.5, "trend": 64.049273, "fair_value": 66.467634, "relative_strength": 6.242299, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.422396, "energy": 36.336088, "activity_lines": [ 61.450687, 63.894749, 63.934789, 64.353557 ] }, { "date": "2023-11-03", "close": 59.988411, "volume": 156450, "typical_volume": 435382.5, "trend": 64.247584, "fair_value": 66.464161, "relative_strength": 3.908576, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.82571, "energy": 56.685308, "activity_lines": [ 60.434729, 63.044292, 63.520772, 64.091566 ] }, { "date": "2023-11-10", "close": 58.843258, "volume": 347550, "typical_volume": 449400.0, "trend": 64.353485, "fair_value": 66.462679, "relative_strength": 0.530361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.291979, "energy": 72.857551, "activity_lines": [ 59.571459, 62.006446, 63.040898, 63.7429 ] }, { "date": "2023-11-17", "close": 59.371792, "volume": 212100, "typical_volume": 449190.0, "trend": 64.491277, "fair_value": 66.484722, "relative_strength": -1.973512, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.900848, "energy": 67.678783, "activity_lines": [ 59.371791, 61.143177, 62.653727, 63.421501 ] }, { "date": "2023-11-24", "close": 61.662098, "volume": 342300, "typical_volume": 450187.5, "trend": 64.428509, "fair_value": 66.509168, "relative_strength": 0.871904, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.37749, "energy": 46.212642, "activity_lines": [ 60.135227, 60.864495, 62.510268, 63.238973 ] }, { "date": "2023-12-01", "close": 61.485928, "volume": 247800, "typical_volume": 451710.0, "trend": 64.16575, "fair_value": 66.533958, "relative_strength": -0.749614, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.527997, "energy": 34.173911, "activity_lines": [ 60.657889, 60.697929, 62.369746, 63.049129 ] }, { "date": "2023-12-08", "close": 59.636059, "volume": 238350, "typical_volume": 454020.0, "trend": 63.889859, "fair_value": 66.52577, "relative_strength": -3.768955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.931817, "energy": 32.966453, "activity_lines": [ 60.446476, 60.331159, 62.06563, 62.756891 ] }, { "date": "2023-12-15", "close": 59.636059, "volume": 114450, "typical_volume": 451552.5, "trend": 63.693899, "fair_value": 66.516109, "relative_strength": -5.603511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.258297, "energy": 31.565299, "activity_lines": [ 60.258554, 60.116543, 61.777454, 62.482452 ] }, { "date": "2023-12-22", "close": 59.107529, "volume": 84000, "typical_volume": 446880.0, "trend": 63.446065, "fair_value": 66.449032, "relative_strength": -6.269746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.641362, "energy": 47.75834, "activity_lines": [ 59.841601, 59.92435, 61.450687, 62.186557 ] }, { "date": "2023-12-29", "close": 60.252686, "volume": 76650, "typical_volume": 428452.5, "trend": 63.156471, "fair_value": 66.371615, "relative_strength": -6.499402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.32375, "energy": 50.727413, "activity_lines": [ 59.823985, 59.999627, 61.245986, 61.980533 ] }, { "date": "2024-01-05", "close": 58.931351, "volume": 54600, "typical_volume": 419212.5, "trend": 62.854235, "fair_value": 66.302427, "relative_strength": -6.662059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.121479, "energy": 55.859106, "activity_lines": [ 59.459884, 59.810637, 60.9188, 61.707944 ] }, { "date": "2024-01-12", "close": 58.843258, "volume": 85050, "typical_volume": 417900.0, "trend": 62.513625, "fair_value": 66.241023, "relative_strength": -7.032317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.781521, "energy": 61.505586, "activity_lines": [ 59.236725, 59.620044, 60.591613, 61.449172 ] }, { "date": "2024-01-19", "close": 60.0765, "volume": 329700, "typical_volume": 427192.5, "trend": 62.258167, "fair_value": 66.170826, "relative_strength": -6.300887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.352204, "energy": 45.099141, "activity_lines": [ 59.477499, 59.674498, 60.392784, 61.291938 ] }, { "date": "2024-01-26", "close": 59.724144, "volume": 142800, "typical_volume": 279510.0, "trend": 62.090799, "fair_value": 66.035502, "relative_strength": -8.727894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.187368, "energy": 39.891581, "activity_lines": [ 59.571459, 59.642465, 60.175078, 61.128453 ] }, { "date": "2024-02-02", "close": 59.900322, "volume": 191100, "typical_volume": 227325.0, "trend": 61.894067, "fair_value": 65.783429, "relative_strength": -8.944287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.146364, "energy": 30.538784, "activity_lines": [ 59.683037, 59.636058, 60.016518, 60.987132 ] }, { "date": "2024-02-09", "close": 59.812237, "volume": 46200, "typical_volume": 203910.0, "trend": 61.750188, "fair_value": 65.543071, "relative_strength": -9.450366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.133648, "energy": 25.191502, "activity_lines": [ 59.788744, 59.645668, 59.895711, 60.85282 ] }, { "date": "2024-02-16", "close": 61.838276, "volume": 202650, "typical_volume": 205170.0, "trend": 61.712016, "fair_value": 65.364816, "relative_strength": -9.091993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.270853, "energy": 9.544032, "activity_lines": [ 60.511072, 60.054079, 60.011484, 60.858503 ] }, { "date": "2024-02-23", "close": 61.926361, "volume": 211050, "typical_volume": 199920.0, "trend": 61.706144, "fair_value": 65.231329, "relative_strength": -10.494283, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.222001, "energy": 19.124665, "activity_lines": [ 61.063094, 60.438465, 60.16501, 60.872332 ] }, { "date": "2024-03-01", "close": 63.952408, "volume": 290850, "typical_volume": 192937.5, "trend": 61.776615, "fair_value": 65.049436, "relative_strength": -8.023356, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.284941, "energy": 51.255104, "activity_lines": [ 62.167141, 61.149582, 60.531627, 61.017252 ] }, { "date": "2024-03-08", "close": 61.397839, "volume": 311850, "typical_volume": 193042.5, "trend": 61.791296, "fair_value": 64.870813, "relative_strength": -15.396796, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.085229, "energy": 34.630407, "activity_lines": [ 62.13778, 61.308143, 60.647401, 60.992815 ] }, { "date": "2024-03-15", "close": 61.485928, "volume": 190050, "typical_volume": 193777.5, "trend": 61.817723, "fair_value": 64.678021, "relative_strength": -14.780013, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.493425, "energy": 35.598336, "activity_lines": [ 62.037948, 61.461899, 60.75982, 60.973114 ] }, { "date": "2024-03-22", "close": 61.309746, "volume": 142800, "typical_volume": 193095.0, "trend": 61.823596, "fair_value": 64.466908, "relative_strength": -17.175462, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -1.282366, "energy": 16.308578, "activity_lines": [ 61.767809, 61.537175, 60.84707, 60.940341 ] }, { "date": "2024-03-29", "close": 61.926361, "volume": 310800, "typical_volume": 191257.5, "trend": 61.782488, "fair_value": 64.215544, "relative_strength": -16.513701, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 6.160015, "energy": 8.614315, "activity_lines": [ 61.738444, 61.679718, 60.986753, 60.946971 ] }, { "date": "2024-04-05", "close": 63.776226, "volume": 299250, "typical_volume": 195615.0, "trend": 61.620992, "fair_value": 64.005507, "relative_strength": -14.07725, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 42.871192, "energy": 28.436985, "activity_lines": [ 62.3257, 62.124966, 61.287932, 61.075599 ] }, { "date": "2024-04-12", "close": 66.59507, "volume": 1247400, "typical_volume": 240870.0, "trend": 61.521158, "fair_value": 63.784071, "relative_strength": -11.874324, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.604604, "energy": 55.439101, "activity_lines": [ 63.864317, 63.009057, 61.836599, 61.396507 ] }, { "date": "2024-04-19", "close": 77.077629, "volume": 7331100, "typical_volume": 595035.0, "trend": 61.791297, "fair_value": 63.6593, "relative_strength": 8.08259, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.775916, "energy": 90.57306, "activity_lines": [ 68.550638, 65.677345, 63.360115, 62.400151 ] }, { "date": "2024-04-26", "close": 90.731377, "volume": 5854800, "typical_volume": 875857.5, "trend": 62.54886, "fair_value": 63.626964, "relative_strength": 23.197131, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.799113, "energy": 98.620913, "activity_lines": [ 76.748762, 70.514216, 66.109741, 64.267253 ] }, { "date": "2024-05-03", "close": 100.86158, "volume": 9577050, "typical_volume": 1348987.5, "trend": 63.705758, "fair_value": 63.691491, "relative_strength": 35.1682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.907186, "energy": 99.438744, "activity_lines": [ 86.362177, 76.667613, 69.676076, 66.739041 ] }, { "date": "2024-05-10", "close": 97.778481, "volume": 6420750, "typical_volume": 1665825.0, "trend": 64.886147, "fair_value": 63.689594, "relative_strength": 28.412044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.156535, "energy": 95.372163, "activity_lines": [ 92.352212, 81.552534, 72.75247, 68.937281 ] }, { "date": "2024-05-17", "close": 113.634438, "volume": 4759650, "typical_volume": 1899975.0, "trend": 66.709583, "fair_value": 63.835999, "relative_strength": 44.39916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.480732, "energy": 98.298413, "activity_lines": [ 101.360749, 88.705337, 77.154808, 72.082332 ] }, { "date": "2024-05-24", "close": 126.40731, "volume": 10803450, "typical_volume": 2437417.5, "trend": 68.932355, "fair_value": 64.135498, "relative_strength": 56.853229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.997993, "energy": 98.154092, "activity_lines": [ 111.490952, 97.230723, 82.519411, 75.933799 ] }, { "date": "2024-05-31", "close": 128.609543, "volume": 9838500, "typical_volume": 2925090.0, "trend": 71.219726, "fair_value": 64.45157, "relative_strength": 60.921006, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.015923, "energy": 89.43624, "activity_lines": [ 119.066587, 104.976127, 87.772437, 79.78394 ] }, { "date": "2024-06-07", "close": 126.40731, "volume": 6452250, "typical_volume": 3231217.5, "trend": 73.471862, "fair_value": 64.70441, "relative_strength": 51.856182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.482961, "energy": 78.827592, "activity_lines": [ 123.382934, 111.097492, 92.483506, 83.344429 ] }, { "date": "2024-06-14", "close": 124.342407, "volume": 2453850, "typical_volume": 3346770.0, "trend": 75.637549, "fair_value": 64.90472, "relative_strength": 43.972662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.355647, "energy": 68.365128, "activity_lines": [ 125.307931, 115.67104, 96.682056, 86.6264 ] }, { "date": "2024-06-21", "close": 117.60907, "volume": 3132150, "typical_volume": 3493822.5, "trend": 77.502448, "fair_value": 65.079058, "relative_strength": 31.056496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.111819, "energy": 65.87422, "activity_lines": [ 123.217554, 117.919141, 99.93163, 89.33424 ] }, { "date": "2024-06-28", "close": 118.955742, "volume": 7048650, "typical_volume": 3843945.0, "trend": 79.418108, "fair_value": 65.268723, "relative_strength": 32.94402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.707157, "energy": 59.818972, "activity_lines": [ 121.311092, 119.484564, 103.034655, 92.008646 ] }, { "date": "2024-07-05", "close": 127.484642, "volume": 4685100, "typical_volume": 4068067.5, "trend": 81.679728, "fair_value": 65.480253, "relative_strength": 38.302839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.796993, "energy": 56.823499, "activity_lines": [ 122.744367, 121.839276, 106.66832, 95.109712 ] }, { "date": "2024-07-12", "close": 127.933517, "volume": 3539550, "typical_volume": 4234492.5, "trend": 83.95631, "fair_value": 65.712325, "relative_strength": 35.606635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.833136, "energy": 53.187372, "activity_lines": [ 124.402262, 123.60736, 110.032134, 98.093828 ] }, { "date": "2024-07-19", "close": 119.404625, "volume": 11755800, "typical_volume": 4807740.0, "trend": 85.966213, "fair_value": 65.874583, "relative_strength": 31.388823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.6536, "energy": 44.007435, "activity_lines": [ 123.115445, 123.33252, 112.269353, 100.380816 ] }, { "date": "2024-07-26", "close": 103.693497, "volume": 3236100, "typical_volume": 4953952.5, "trend": 87.41424, "fair_value": 65.928558, "relative_strength": 17.347104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.683253, "energy": 33.428446, "activity_lines": [ 116.920771, 119.807909, 112.746215, 101.524512 ] }, { "date": "2024-08-02", "close": 105.489059, "volume": 2627100, "typical_volume": 5075805.0, "trend": 88.966163, "fair_value": 65.89562, "relative_strength": 21.330356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.547109, "energy": 21.8729, "activity_lines": [ 112.252322, 116.790507, 113.192675, 102.690629 ] }, { "date": "2024-08-09", "close": 101.00016, "volume": 3657150, "typical_volume": 5251522.5, "trend": 90.371394, "fair_value": 65.879333, "relative_strength": 16.506504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.325886, "energy": 22.624768, "activity_lines": [ 106.985353, 113.337274, 113.002083, 103.467016 ] }, { "date": "2024-08-16", "close": 107.284615, "volume": 1310400, "typical_volume": 5301502.5, "trend": 91.944997, "fair_value": 65.920997, "relative_strength": 18.264185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.050255, "energy": 20.946037, "activity_lines": [ 105.578834, 111.528658, 113.221008, 104.558192 ] }, { "date": "2024-08-23", "close": 110.426842, "volume": 5516700, "typical_volume": 5562375.0, "trend": 93.635087, "fair_value": 66.053465, "relative_strength": 22.041938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.900291, "energy": 16.163744, "activity_lines": [ 106.596318, 110.639042, 113.523201, 105.750569 ] }, { "date": "2024-08-30", "close": 111.773506, "volume": 1773450, "typical_volume": 5588677.5, "trend": 95.364193, "fair_value": 66.242516, "relative_strength": 22.214806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.121298, "energy": 12.216307, "activity_lines": [ 108.661208, 110.247284, 113.731502, 106.920789 ] }, { "date": "2024-09-06", "close": 109.977951, "volume": 1913100, "typical_volume": 5317777.5, "trend": 97.036384, "fair_value": 66.377154, "relative_strength": 24.347134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.244363, "energy": 11.441759, "activity_lines": [ 109.588913, 109.635162, 113.553662, 107.863612 ] }, { "date": "2024-09-13", "close": 111.773506, "volume": 1604400, "typical_volume": 5105257.5, "trend": 98.700892, "fair_value": 66.495542, "relative_strength": 23.90149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.440983, "energy": 16.386354, "activity_lines": [ 110.815877, 109.512737, 113.39016, 108.814394 ] }, { "date": "2024-09-20", "close": 111.324615, "volume": 1413300, "typical_volume": 4697070.0, "trend": 100.3475, "fair_value": 66.648908, "relative_strength": 20.727466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.574929, "energy": 15.934101, "activity_lines": [ 111.174987, 109.594353, 113.083705, 109.628828 ] }, { "date": "2024-09-27", "close": 131.973541, "volume": 12017250, "typical_volume": 4976895.0, "trend": 102.614871, "fair_value": 66.957352, "relative_strength": 37.925256, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.666096, "energy": 33.718, "activity_lines": [ 118.147739, 113.732299, 114.69399, 111.669218 ] }, { "date": "2024-10-04", "close": 131.973541, "volume": 4481400, "typical_volume": 4962982.5, "trend": 104.967394, "fair_value": 67.260748, "relative_strength": 39.913828, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.516186, "energy": 56.923636, "activity_lines": [ 123.684045, 117.641719, 116.141442, 113.563326 ] }, { "date": "2024-10-11", "close": 121.649078, "volume": 7081200, "typical_volume": 4776870.0, "trend": 106.972833, "fair_value": 67.513103, "relative_strength": 24.690692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.761337, "energy": 51.616544, "activity_lines": [ 124.432194, 119.159782, 116.518283, 114.639563 ] }, { "date": "2024-10-18", "close": 123.893524, "volume": 2668050, "typical_volume": 4418347.5, "trend": 109.058959, "fair_value": 67.803569, "relative_strength": 22.8871, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.002206, "energy": 55.215154, "activity_lines": [ 125.150417, 120.792107, 117.131539, 115.731221 ] }, { "date": "2024-10-25", "close": 117.160179, "volume": 2179800, "typical_volume": 4204725.0, "trend": 110.900086, "fair_value": 68.063995, "relative_strength": 16.214058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.958341, "energy": 32.976103, "activity_lines": [ 122.81619, 120.783945, 117.125981, 116.25388 ] }, { "date": "2024-11-01", "close": 110.875732, "volume": 1349250, "typical_volume": 4149495.0, "trend": 112.47007, "fair_value": 68.264957, "relative_strength": 12.108625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.604948, "energy": 10.182824, "activity_lines": [ 117.99811, 119.4536, 116.565938, 116.252309 ] }, { "date": "2024-11-08", "close": 109.52906, "volume": 2251200, "typical_volume": 4105447.5, "trend": 113.901203, "fair_value": 68.462333, "relative_strength": 6.578506, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.553843, "energy": 10.887696, "activity_lines": [ 114.137659, 117.870244, 115.941768, 116.062566 ] }, { "date": "2024-11-15", "close": 105.937943, "volume": 1066800, "typical_volume": 3806355.0, "trend": 114.863213, "fair_value": 68.626594, "relative_strength": 6.195186, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.530914, "energy": 24.417905, "activity_lines": [ 110.576469, 115.674766, 115.014063, 115.548808 ] }, { "date": "2024-11-22", "close": 104.59127, "volume": 602139, "typical_volume": 3602206.95, "trend": 115.325209, "fair_value": 68.792318, "relative_strength": 3.651505, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.69983, "energy": 50.348256, "activity_lines": [ 107.613796, 113.307893, 114.020093, 114.886102 ] }, { "date": "2024-11-29", "close": 101.897942, "volume": 747600, "typical_volume": 3462609.45, "trend": 115.359755, "fair_value": 68.940777, "relative_strength": 3.419112, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.236457, "energy": 62.826553, "activity_lines": [ 105.040165, 110.58191, 112.878631, 114.019826 ] }, { "date": "2024-12-06", "close": 106.835724, "volume": 596400, "typical_volume": 2904639.45, "trend": 115.661663, "fair_value": 69.130478, "relative_strength": 3.550131, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.219997, "energy": 57.11164, "activity_lines": [ 105.129943, 108.9251, 112.331414, 113.469889 ] }, { "date": "2024-12-13", "close": 100.102379, "volume": 480900, "typical_volume": 2766879.45, "trend": 115.210594, "fair_value": 69.272979, "relative_strength": -2.657831, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.202033, "energy": 59.836574, "activity_lines": [ 103.244607, 106.501096, 111.202777, 112.466064 ] }, { "date": "2024-12-20", "close": 96.511253, "volume": 466200, "typical_volume": 2658834.45, "trend": 114.214059, "fair_value": 69.414163, "relative_strength": -4.404746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.09611, "energy": 60.717693, "activity_lines": [ 100.790674, 104.003636, 109.749229, 111.259655 ] }, { "date": "2024-12-27", "close": 96.960144, "volume": 313950, "typical_volume": 2491674.45, "trend": 113.159079, "fair_value": 69.570844, "relative_strength": -7.438093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.831487, "energy": 64.355788, "activity_lines": [ 99.114817, 102.044844, 108.381184, 110.146499 ] }, { "date": "2025-01-03", "close": 92.920143, "volume": 485100, "typical_volume": 2450409.45, "trend": 112.04284, "fair_value": 69.696074, "relative_strength": -10.138128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.253939, "energy": 75.253102, "activity_lines": [ 96.601035, 99.841204, 106.647615, 108.840761 ] }, { "date": "2025-01-10", "close": 91.573479, "volume": 415800, "typical_volume": 2195364.45, "trend": 110.950543, "fair_value": 69.809139, "relative_strength": -12.071043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.530739, "energy": 82.358565, "activity_lines": [ 94.236886, 97.833444, 104.854194, 107.520157 ] }, { "date": "2025-01-17", "close": 93.817924, "volume": 932400, "typical_volume": 2153311.95, "trend": 110.157504, "fair_value": 69.95022, "relative_strength": -10.694699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.365674, "energy": 76.878821, "activity_lines": [ 93.638367, 96.584715, 103.364308, 106.414827 ] }, { "date": "2025-01-24", "close": 94.715698, "volume": 195300, "typical_volume": 2067421.95, "trend": 109.349503, "fair_value": 70.112702, "relative_strength": -11.551252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.631552, "energy": 72.461906, "activity_lines": [ 93.75807, 95.784875, 102.045428, 105.418582 ] }, { "date": "2025-02-07", "close": 104.59127, "volume": 1257797, "typical_volume": 2050091.8, "trend": 108.586391, "fair_value": 70.325366, "relative_strength": -2.601296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.508028, "energy": 37.31615, "activity_lines": [ 97.289334, 96.984634, 101.739755, 105.111599 ] }, { "date": "2025-02-14", "close": 102.795723, "volume": 790021, "typical_volume": 2018927.85, "trend": 107.748464, "fair_value": 70.5351, "relative_strength": -3.387806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.255005, "energy": 23.312953, "activity_lines": [ 99.713341, 97.857929, 101.297279, 104.738007 ] }, { "date": "2025-02-21", "close": 107.284615, "volume": 819064, "typical_volume": 1459018.55, "trend": 107.344464, "fair_value": 70.77361, "relative_strength": -2.113941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.489132, "energy": 21.83343, "activity_lines": [ 102.975273, 99.531064, 101.32293, 104.708082 ] }, { "date": "2025-02-28", "close": 105.937943, "volume": 617422, "typical_volume": 1265819.65, "trend": 107.419279, "fair_value": 71.016105, "relative_strength": -1.046431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.908761, "energy": 23.512632, "activity_lines": [ 104.740905, 100.951188, 101.337893, 104.617338 ] }, { "date": "2025-03-07", "close": 105.937943, "volume": 1426211, "typical_volume": 983070.2, "trend": 107.434241, "fair_value": 71.299988, "relative_strength": 0.497466, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.867238, "energy": 19.133288, "activity_lines": [ 105.698537, 102.26521, 101.476835, 104.521768 ] }, { "date": "2025-03-14", "close": 99.653496, "volume": 653577, "typical_volume": 882346.55, "trend": 107.389353, "fair_value": 71.520874, "relative_strength": -3.417791, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.218497, "energy": 16.682202, "activity_lines": [ 103.813202, 102.265212, 101.092073, 104.019785 ] }, { "date": "2025-03-21", "close": 101.449051, "volume": 379183, "typical_volume": 792315.7, "trend": 107.194834, "fair_value": 71.774468, "relative_strength": -3.316361, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.542338, "energy": 9.752894, "activity_lines": [ 102.855571, 102.542708, 100.993746, 103.636539 ] }, { "date": "2025-03-28", "close": 94.715698, "volume": 533930, "typical_volume": 751549.7, "trend": 106.671129, "fair_value": 71.981871, "relative_strength": -7.708876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.295819, "energy": 27.939328, "activity_lines": [ 99.743267, 101.440887, 100.328961, 102.831434 ] }, { "date": "2025-04-04", "close": 94.715698, "volume": 467435, "typical_volume": 662361.45, "trend": 106.102535, "fair_value": 72.186246, "relative_strength": -6.914586, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.784123, "energy": 38.761059, "activity_lines": [ 97.468891, 100.281934, 99.741129, 102.060116 ] }, { "date": "2025-04-11", "close": 78.914795, "volume": 1599150, "typical_volume": 688978.95, "trend": 105.067097, "fair_value": 72.278734, "relative_strength": -15.723363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.110711, "energy": 74.70292, "activity_lines": [ 90.675697, 96.233767, 97.718989, 100.306068 ] }, { "date": "2025-04-18", "close": 86.635689, "volume": 512476, "typical_volume": 684495.8, "trend": 104.22917, "fair_value": 72.433333, "relative_strength": -7.306603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.313304, "energy": 73.420901, "activity_lines": [ 88.257678, 93.876688, 96.560853, 99.116945 ] }, { "date": "2025-04-25", "close": 88.341469, "volume": 536786, "typical_volume": 673955.1, "trend": 103.463065, "fair_value": 72.617037, "relative_strength": -7.936604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.983808, "energy": 71.576863, "activity_lines": [ 87.276105, 92.156216, 95.650676, 98.091932 ] }, { "date": "2025-05-02", "close": 93.817924, "volume": 410124, "typical_volume": 664641.3, "trend": 102.191211, "fair_value": 72.837865, "relative_strength": -6.53392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.046507, "energy": 60.11007, "activity_lines": [ 88.993857, 91.694268, 95.326621, 97.469665 ] }, { "date": "2025-05-09", "close": 89.777916, "volume": 624834, "typical_volume": 671838.0, "trend": 100.78469, "fair_value": 73.078726, "relative_strength": -10.866228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.626425, "energy": 39.086298, "activity_lines": [ 89.42479, 90.742622, 94.679792, 96.668807 ] }, { "date": "2025-05-16", "close": 96.511253, "volume": 559746, "typical_volume": 676515.3, "trend": 99.946763, "fair_value": 73.342561, "relative_strength": -8.14353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.593762, "energy": 20.958124, "activity_lines": [ 92.429355, 91.309037, 94.723398, 96.393101 ] }, { "date": "2025-05-23", "close": 94.715698, "volume": 844870, "typical_volume": 703061.3, "trend": 98.974168, "fair_value": 73.596399, "relative_strength": -8.700975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.121066, "energy": 17.951881, "activity_lines": [ 93.662304, 91.720382, 94.595998, 96.055613 ] }, { "date": "2025-05-30", "close": 95.61348, "volume": 316051, "typical_volume": 694608.85, "trend": 98.255945, "fair_value": 73.846403, "relative_strength": -5.99737, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.514634, "energy": 16.826883, "activity_lines": [ 94.655847, 92.384739, 94.564789, 95.838795 ] }, { "date": "2025-06-06", "close": 94.715698, "volume": 319306, "typical_volume": 689784.15, "trend": 97.717277, "fair_value": 74.090652, "relative_strength": -7.592696, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.260505, "energy": 17.87764, "activity_lines": [ 94.865328, 92.991964, 94.435252, 95.610392 ] }, { "date": "2025-06-13", "close": 92.684837, "volume": 785515, "typical_volume": 682439.9, "trend": 97.155803, "fair_value": 74.315826, "relative_strength": -10.688151, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.895996, "energy": 14.956592, "activity_lines": [ 94.338004, 93.229941, 94.097337, 95.285718 ] }, { "date": "2025-06-20", "close": 92.870956, "volume": 308937, "typical_volume": 688121.75, "trend": 96.720237, "fair_value": 74.557839, "relative_strength": -9.91472, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.261803, "energy": 12.990274, "activity_lines": [ 93.678925, 93.538683, 93.782543, 95.009276 ] }, { "date": "2025-06-27", "close": 93.98764, "volume": 488700, "typical_volume": 649666.9, "trend": 96.366783, "fair_value": 74.805497, "relative_strength": -10.660025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.592332, "energy": 14.086082, "activity_lines": [ 93.634761, 93.79671, 93.582884, 94.83298 ] }, { "date": "2025-07-04", "close": 97.244644, "volume": 470044, "typical_volume": 633668.05, "trend": 96.211673, "fair_value": 75.100783, "relative_strength": -7.103875, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.449571, "energy": 5.336155, "activity_lines": [ 94.724801, 94.513247, 93.743909, 94.889616 ] }, { "date": "2025-07-11", "close": 112.59906, "volume": 4898765, "typical_volume": 837653.1, "trend": 96.403784, "fair_value": 75.536893, "relative_strength": 6.806358, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.62311, "energy": 47.888502, "activity_lines": [ 100.824236, 97.859621, 95.393694, 95.946867 ] }, { "date": "2025-07-18", "close": 127.022903, "volume": 5159097, "typical_volume": 1064736.85, "trend": 97.301135, "fair_value": 76.061832, "relative_strength": 17.19063, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.81444, "energy": 85.663012, "activity_lines": [ 110.539395, 103.487036, 98.391871, 97.922294 ] }, { "date": "2025-07-25", "close": 131.21048, "volume": 19429837, "typical_volume": 1964918.15, "trend": 98.457776, "fair_value": 76.619653, "relative_strength": 20.953179, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.726881, "energy": 94.085045, "activity_lines": [ 119.361208, 109.198648, 101.68846, 100.109994 ] }, { "date": "2025-08-01", "close": 135.328239, "volume": 8020808, "typical_volume": 2333279.7, "trend": 99.736712, "fair_value": 77.175872, "relative_strength": 23.819022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.273276, "energy": 94.663381, "activity_lines": [ 126.999639, 115.028048, 105.256872, 102.488733 ] }, { "date": "2025-08-08", "close": 125.627045, "volume": 5638400, "typical_volume": 2596240.55, "trend": 100.826942, "fair_value": 77.684177, "relative_strength": 11.970889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.894448, "energy": 87.844437, "activity_lines": [ 128.648299, 118.355184, 107.73148, 104.159077 ] }, { "date": "2025-08-15", "close": 128.418762, "volume": 2118560, "typical_volume": 2675472.05, "trend": 102.055118, "fair_value": 78.206535, "relative_strength": 12.720052, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.177663, "energy": 84.836447, "activity_lines": [ 129.335371, 121.644205, 110.356833, 105.939195 ] }, { "date": "2025-08-22", "close": 136.7939, "volume": 5168201, "typical_volume": 2910510.35, "trend": 103.487651, "fair_value": 78.789167, "relative_strength": 22.470497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.609179, "energy": 70.700891, "activity_lines": [ 131.759509, 125.843194, 113.619327, 108.180406 ] }, { "date": "2025-08-29", "close": 188.580154, "volume": 19167319, "typical_volume": 3788918.8, "trend": 106.616466, "fair_value": 79.693881, "relative_strength": 63.695106, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.521704, "energy": 75.436362, "activity_lines": [ 150.794332, 138.655884, 121.613473, 113.670245 ] }, { "date": "2025-09-05", "close": 169.526718, "volume": 3722428, "typical_volume": 3949416.4, "trend": 108.780981, "fair_value": 80.468224, "relative_strength": 44.473745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.30672, "energy": 75.381707, "activity_lines": [ 159.653365, 146.264145, 127.270791, 117.728971 ] }, { "date": "2025-09-12", "close": 172.946564, "volume": 2188473, "typical_volume": 4032000.75, "trend": 111.119342, "fair_value": 81.263939, "relative_strength": 40.780727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.776631, "energy": 78.951106, "activity_lines": [ 167.372448, 153.120758, 132.859088, 121.868686 ] }, { "date": "2025-09-19", "close": 152.427475, "volume": 4160081, "typical_volume": 4219498.6, "trend": 112.624104, "fair_value": 81.946237, "relative_strength": 23.17075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.770172, "energy": 64.12307, "activity_lines": [ 165.0972, 154.870229, 136.090306, 124.533727 ] }, { "date": "2025-09-26", "close": 175.877869, "volume": 8910176, "typical_volume": 4633765.7, "trend": 114.955435, "fair_value": 82.792035, "relative_strength": 41.070963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.652699, "energy": 61.233428, "activity_lines": [ 169.038168, 160.159256, 141.275801, 128.614615 ] }, { "date": "2025-10-03", "close": 165.129776, "volume": 2665852, "typical_volume": 4739071.0, "trend": 116.928496, "fair_value": 83.576345, "relative_strength": 26.412531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.724113, "energy": 51.397, "activity_lines": [ 166.790842, 162.605811, 145.027668, 131.851669 ] }, { "date": "2025-10-10", "close": 155.847336, "volume": 2154548, "typical_volume": 4804554.9, "trend": 118.801624, "fair_value": 84.322837, "relative_strength": 17.039414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.016652, "energy": 41.838786, "activity_lines": [ 163.012727, 162.747936, 147.568739, 134.362562 ] }, { "date": "2025-10-17", "close": 154.381683, "volume": 1762235, "typical_volume": 4876864.1, "trend": 120.566045, "fair_value": 85.055542, "relative_strength": 15.780367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.037689, "energy": 35.277571, "activity_lines": [ 159.65802, 162.250504, 149.67912, 136.65805 ] }, { "date": "2025-10-24", "close": 170.992371, "volume": 6314513, "typical_volume": 5176624.45, "trend": 123.108601, "fair_value": 85.905431, "relative_strength": 26.700162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.862121, "energy": 34.450562, "activity_lines": [ 163.077868, 164.250385, 153.091623, 139.911361 ] }, { "date": "2025-10-31", "close": 167.572525, "volume": 6879181, "typical_volume": 5481307.75, "trend": 125.537162, "fair_value": 86.733672, "relative_strength": 20.648653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.07005, "energy": 32.054209, "activity_lines": [ 164.120107, 164.854411, 155.815205, 142.780002 ] }, { "date": "2025-11-07", "close": 162.198471, "volume": 2816302, "typical_volume": 5606676.0, "trend": 128.313284, "fair_value": 87.531582, "relative_strength": 18.773485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.98929, "energy": 32.84252, "activity_lines": [ 163.924685, 163.921724, 157.670363, 145.145247 ] }, { "date": "2025-11-14", "close": 170.015274, "volume": 5559269, "typical_volume": 5860204.45, "trend": 131.092604, "fair_value": 88.376031, "relative_strength": 24.894896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.152055, "energy": 36.163954, "activity_lines": [ 166.530284, 164.889941, 159.939848, 147.835698 ] }, { "date": "2025-11-21", "close": 168.061066, "volume": 14714875, "typical_volume": 6572446.0, "trend": 133.749924, "fair_value": 89.194503, "relative_strength": 27.118628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.428683, "energy": 31.885628, "activity_lines": [ 167.539951, 165.493965, 161.661182, 150.22076 ] }, { "date": "2025-11-28", "close": 179.786255, "volume": 5916592, "typical_volume": 6623337.35, "trend": 136.615535, "fair_value": 90.095273, "relative_strength": 29.158055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.527123, "energy": 41.088477, "activity_lines": [ 171.546055, 168.318669, 164.161979, 153.190846 ] }, { "date": "2025-12-05", "close": 185.160309, "volume": 14140180, "typical_volume": 7072391.5, "trend": 139.794948, "fair_value": 91.029395, "relative_strength": 30.319121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.136983, "energy": 49.724191, "activity_lines": [ 176.757252, 171.623041, 166.854652, 156.322767 ] }, { "date": "2025-12-12", "close": 180.763367, "volume": 5431141, "typical_volume": 6372456.7, "trend": 142.603352, "fair_value": 91.920508, "relative_strength": 25.388079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.210632, "energy": 51.272021, "activity_lines": [ 179.330283, 173.959198, 168.851724, 158.965891 ] }, { "date": "2025-12-19", "close": 170.992371, "volume": 2256318, "typical_volume": 6084232.2, "trend": 145.145908, "fair_value": 92.745967, "relative_strength": 19.935245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.358407, "energy": 46.639627, "activity_lines": [ 177.408655, 174.234562, 169.682259, 160.797441 ] }, { "date": "2025-12-26", "close": 171.969467, "volume": 1755288, "typical_volume": 5890076.6, "trend": 147.691107, "fair_value": 93.579886, "relative_strength": 16.236047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.012749, "energy": 35.732428, "activity_lines": [ 175.747586, 174.412216, 170.436021, 162.527993 ] }, { "date": "2026-01-02", "close": 181.740463, "volume": 3082794, "typical_volume": 5938288.3, "trend": 150.591933, "fair_value": 94.485772, "relative_strength": 18.625753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.341886, "energy": 33.741363, "activity_lines": [ 177.082956, 176.046637, 171.899676, 164.724725 ] }, { "date": "2026-01-09", "close": 169.526718, "volume": 5835764, "typical_volume": 5971666.45, "trend": 153.153329, "fair_value": 95.315012, "relative_strength": 6.617417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.554941, "energy": 20.082877, "activity_lines": [ 174.216797, 175.264958, 171.946204, 165.946324 ] }, { "date": "2026-01-16", "close": 182.71756, "volume": 5188981, "typical_volume": 5272749.55, "trend": 156.148215, "fair_value": 96.225789, "relative_strength": 10.075415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.180669, "energy": 25.110091, "activity_lines": [ 176.789824, 176.846082, 173.093133, 167.853694 ] }, { "date": "2026-01-23", "close": 181.740463, "volume": 9787542, "typical_volume": 5576005.25, "trend": 159.07331, "fair_value": 97.127283, "relative_strength": 6.957414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.611722, "energy": 29.444591, "activity_lines": [ 178.906873, 177.876478, 174.174921, 169.504807 ] }, { "date": "2026-01-30", "close": 174.900757, "volume": 6135867, "typical_volume": 5773374.95, "trend": 161.661847, "fair_value": 97.98109, "relative_strength": 2.076388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.65375, "energy": 23.89101, "activity_lines": [ 178.027481, 177.450106, 174.547149, 170.525933 ] }, { "date": "2026-02-06", "close": 164.64122, "volume": 3614185, "typical_volume": 5746080.15, "trend": 163.396585, "fair_value": 98.73729, "relative_strength": -3.314687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.268871, "energy": 12.952798, "activity_lines": [ 173.532824, 175.034005, 173.932972, 170.71815 ] }, { "date": "2026-02-13", "close": 170.015274, "volume": 1220397, "typical_volume": 5361591.2, "trend": 164.829664, "fair_value": 99.536723, "relative_strength": -5.783617, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.266158, "energy": 11.63293, "activity_lines": [ 171.969467, 173.87037, 173.772449, 171.145162 ] }, { "date": "2026-02-27", "close": 192.977097, "volume": 5008198, "typical_volume": 5478708.5, "trend": 166.888552, "fair_value": 100.472368, "relative_strength": 1.142863, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.941397, "energy": 24.04502, "activity_lines": [ 178.027481, 177.156975, 175.826683, 172.961126 ] }, { "date": "2026-03-06", "close": 174.900757, "volume": 2809671, "typical_volume": 5511464.65, "trend": 168.207636, "fair_value": 101.304216, "relative_strength": -3.589555, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.831309, "energy": 16.632483, "activity_lines": [ 177.376079, 176.934906, 176.026755, 173.478042 ] }, { "date": "2026-03-13", "close": 174.900757, "volume": 1851026, "typical_volume": 5515904.2, "trend": 169.850093, "fair_value": 102.134966, "relative_strength": -3.202066, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.565852, "energy": 19.358983, "activity_lines": [ 177.180658, 176.641775, 176.136096, 173.909857 ] }, { "date": "2026-03-20", "close": 181.740463, "volume": 3116841, "typical_volume": 5356020.6, "trend": 171.627483, "fair_value": 102.970583, "relative_strength": -0.160064, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.641837, "energy": 28.115157, "activity_lines": [ 179.265139, 177.53893, 176.799128, 174.676977 ] }, { "date": "2026-03-27", "close": 201.28244, "volume": 3272615, "typical_volume": 5175692.3, "trend": 173.777101, "fair_value": 103.939704, "relative_strength": 11.41911, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.867868, "energy": 42.428813, "activity_lines": [ 186.723662, 181.989173, 179.272119, 176.5902 ] }, { "date": "2026-04-03", "close": 188.5, "volume": 4817038, "typical_volume": 5275729.1, "trend": 173.774429, "fair_value": 104.805476, "relative_strength": 5.551919, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.687836, "energy": 41.932005, "activity_lines": [ 187.836895, 183.537959, 180.367212, 177.540065 ] }, { "date": "2026-04-10", "close": 253.0, "volume": 7368638, "typical_volume": 5366197.55, "trend": 176.556872, "fair_value": 106.093493, "relative_strength": 29.067154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.149677, "energy": 76.619928, "activity_lines": [ 210.7486, 196.708882, 187.479916, 182.651392 ] }, { "date": "2026-04-17", "close": 267.0, "volume": 6876728, "typical_volume": 4974290.2, "trend": 179.691986, "fair_value": 107.458627, "relative_strength": 29.630376, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.402683, "energy": 88.436695, "activity_lines": [ 233.120356, 211.129631, 195.530789, 188.486432 ] }, { "date": "2026-04-24", "close": 227.5, "volume": 4659540, "typical_volume": 4911437.6, "trend": 182.194404, "fair_value": 108.560125, "relative_strength": 3.923868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.157997, "energy": 77.084895, "activity_lines": [ 236.185496, 216.694031, 199.348619, 191.57082 ] }, { "date": "2026-05-01", "close": 241.0, "volume": 3407403, "typical_volume": 4374798.75, "trend": 184.365141, "fair_value": 109.750907, "relative_strength": 9.453575, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.695159, "energy": 77.443654, "activity_lines": [ 240.7, 223.57009, 204.224954, 195.36473 ] }, { "date": "2026-05-08", "close": 287.5, "volume": 10497581, "typical_volume": 4628120.75, "trend": 188.444149, "fair_value": 111.186515, "relative_strength": 21.181921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.493068, "energy": 81.122831, "activity_lines": [ 258.066667, 237.610062, 213.263958, 202.018592 ] }, { "date": "2026-05-15", "close": 299.0, "volume": 12645189, "typical_volume": 5147564.3, "trend": 193.215904, "fair_value": 112.658511, "relative_strength": 26.087553, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.228142, "energy": 62.359444, "activity_lines": [ 272.666667, 252.022346, 222.889931, 209.151227 ] }, { "date": "2026-05-22", "close": 341.0, "volume": 8174369, "typical_volume": 5468518.35, "trend": 199.436515, "fair_value": 114.40907, "relative_strength": 38.385322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.837049, "energy": 82.598202, "activity_lines": [ 298.2, 271.814643, 235.906343, 218.685685 ] }, { "date": "2026-05-29", "close": 468.0, "volume": 9939079, "typical_volume": 5811332.6, "trend": 209.336769, "fair_value": 116.989103, "relative_strength": 75.926216, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.192662, "energy": 97.178389, "activity_lines": [ 361.133333, 311.677863, 260.213086, 236.012362 ] }, { "date": "2026-06-05", "close": 411.0, "volume": 11213528, "typical_volume": 6080220.8, "trend": 217.451018, "fair_value": 119.197163, "relative_strength": 51.073851, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.259967, "energy": 90.086441, "activity_lines": [ 389.033333, 335.972727, 277.728117, 249.022893 ] }, { "date": "2026-06-12", "close": 376.5, "volume": 8936275, "typical_volume": 6267585.5, "trend": 224.594403, "fair_value": 121.168699, "relative_strength": 39.374965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.439865, "energy": 83.000271, "activity_lines": [ 394.1, 350.181818, 290.807561, 259.284117 ] }, { "date": "2026-06-19", "close": 375.0, "volume": 5237366, "typical_volume": 6040076.7, "trend": 231.427227, "fair_value": 123.136657, "relative_strength": 30.372568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.461089, "energy": 65.346291, "activity_lines": [ 392.733333, 360.7, 302.821374, 268.987704 ] }, { "date": "2026-06-26", "close": 315.0, "volume": 5643135, "typical_volume": 6015440.1, "trend": 236.325191, "fair_value": 124.713186, "relative_strength": 13.161622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.077914, "energy": 46.944993, "activity_lines": [ 366.3, 358.090909, 308.200618, 274.379496 ] }, { "date": "2026-07-03", "close": 346.5, "volume": 3313965, "typical_volume": 6000429.1, "trend": 241.882316, "fair_value": 126.500107, "relative_strength": 17.427096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.890215, "energy": 31.933364, "activity_lines": [ 352.1, 360.336364, 315.912722, 281.487548 ] }, { "date": "2026-07-10", "close": 320.0, "volume": 3694879, "typical_volume": 6124153.2, "trend": 246.376972, "fair_value": 128.136356, "relative_strength": 10.928532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.279354, "energy": 23.280187, "activity_lines": [ 337.166667, 355.6, 320.235023, 286.527399 ] }, { "date": "2026-07-17", "close": 250.0, "volume": 4175839, "typical_volume": 6082535.25, "trend": 248.68486, "fair_value": 129.317111, "relative_strength": -8.139994, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.173789, "energy": 19.799015, "activity_lines": [ 304.966667, 336.7, 317.176445, 286.761142 ] }, { "date": "2026-07-24", "close": 238.0, "volume": 2783704, "typical_volume": 6081236.9, "trend": 250.918448, "fair_value": 130.431671, "relative_strength": -14.524648, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.626143, "energy": 18.736563, "activity_lines": [ 277.2, 316.3, 312.703471, 286.071797 ] }, { "date": "2026-07-31", "close": 213.0, "volume": 2599146, "typical_volume": 6118642.9, "trend": 252.286132, "fair_value": 131.393316, "relative_strength": -22.395678, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.314134, "energy": 34.378092, "activity_lines": [ 250.233333, 292.463636, 305.549073, 283.625445 ] }, { "date": "2026-08-07", "close": 236.5, "volume": 2259104, "typical_volume": 6075756.05, "trend": 254.11145, "fair_value": 132.511248, "relative_strength": -15.880277, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.931831, "energy": 34.640582, "activity_lines": [ 237.9, 275.227273, 300.451345, 282.606985 ] }, { "date": "2026-08-14", "close": 261.0, "volume": 3166541, "typical_volume": 6070452.35, "trend": 257.16056, "fair_value": 133.787926, "relative_strength": -10.504677, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.518148, "energy": 36.743538, "activity_lines": [ 241.066667, 266.654545, 297.42619, 283.051408 ] } ], "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." } } }