{ "ticker": { "uuid": "f743e18f-5ccf-4362-98c0-696eac42a3b6", "symbol": "8046", "name": "Nan Ya Printed Circuit Board Corporation", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 73.913, "architecture_energy": 44.535, "architecture_maturity": 74.983, "architecture_confidence": 58.152, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 33.33, "rotation_up": 46.74, "upward_expansion": 72.16, "deceleration": 71.37, "rotation_down": 26.39, "downward_expansion": 10.16 }, "activity_lines": [ 1131.666667, 1119.120437, 1028.681946, 928.326674 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 1305.0, "trend_reference": 778.48545, "distance_from_trend": 0.676332, "trend_direction": "Improving", "fair_value": 295.715054, "distance_from_fair_value": 3.413032, "fair_value_direction": "Improving", "relative_strength": 90.840609, "relative_strength_direction": "Improving", "price_momentum": 2.450498, "excess_performance": 2.009126, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.676332, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.542296, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 3.413032, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 1.021299, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.908406, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.10872, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 2.450498, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.791584, "read": "Supply-led" } ], "volume": { "latest": 59349691, "relative_activity": 0.740258, "balance": 0.791584, "dry_up": 0.767671, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.150152, "annualized_volatility": 0.902878, "from_high_reference": -0.077739, "from_low_reference": 6.830771 }, "levels": { "trend_reference": 778.48545, "fair_value_reference": 295.715054, "structural_low": 390.18115, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.046656, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": 0.047364, "regime_survival": 0.818182, "best_return": 0.769366, "worst_return": -0.223629, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.315663, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.192624, "regime_survival": 0.75, "best_return": 1.073879, "worst_return": -0.043586, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.719063, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.543309, "regime_survival": 0.5, "best_return": 2.450498, "worst_return": -0.007174, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.215407, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.168172, "regime_survival": 0.333333, "best_return": 6.761061, "worst_return": -0.332791, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-03", "end": "2023-12-08", "tenure": "Developing", "return": 0.075269, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-15", "end": "2024-01-12", "tenure": "Developing", "return": -0.093069, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-19", "end": "2025-01-24", "tenure": "Extended", "return": -0.36745, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": 0.0625, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.018382, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.186047, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-27", "tenure": "Developing", "return": 0.344086, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-04", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": 0.221453, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-12-05", "tenure": "Established", "return": 0.602374, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-01-23", "tenure": "Developing", "return": 0.406998, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-06-05", "tenure": "Established", "return": 1.175032, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.376509, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-08-14", "tenure": "Developing", "return": 0.101266, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 228.992676, "volume": 19350661, "typical_volume": 32897316.15, "trend": 243.37502, "fair_value": 275.71481, "relative_strength": -8.700418, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.896714, "energy": 33.572452, "activity_lines": [ 239.906232, 245.167524, 251.348095, 249.443712 ] }, { "date": "2023-08-18", "close": 221.791641, "volume": 16343287, "typical_volume": 31339617.45, "trend": 243.858469, "fair_value": 276.583457, "relative_strength": -10.169752, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.002572, "energy": 50.802459, "activity_lines": [ 232.577184, 240.025519, 248.447471, 248.051236 ] }, { "date": "2023-08-25", "close": 221.791641, "volume": 15735320, "typical_volume": 31521994.1, "trend": 244.20673, "fair_value": 277.377437, "relative_strength": -10.28155, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.808797, "energy": 59.736895, "activity_lines": [ 227.488456, 235.512875, 245.705243, 246.627569 ] }, { "date": "2023-09-01", "close": 233.313293, "volume": 16242557, "typical_volume": 30854979.7, "trend": 244.32319, "fair_value": 278.076581, "relative_strength": -6.260866, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.516763, "energy": 54.4407, "activity_lines": [ 227.968526, 233.941742, 244.180084, 245.924767 ] }, { "date": "2023-09-08", "close": 239.074112, "volume": 14046661, "typical_volume": 30182838.25, "trend": 245.172429, "fair_value": 278.832011, "relative_strength": -3.484545, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.881103, "energy": 42.377498, "activity_lines": [ 231.104974, 234.029028, 243.22127, 245.586117 ] }, { "date": "2023-09-15", "close": 261.157257, "volume": 36139537, "typical_volume": 29602559.45, "trend": 246.502417, "fair_value": 279.825791, "relative_strength": 3.217987, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 10.637555, "energy": 9.10339, "activity_lines": [ 241.826502, 238.393286, 244.343003, 246.617396 ] }, { "date": "2023-09-22", "close": 256.356598, "volume": 36105689, "typical_volume": 29731371.9, "trend": 247.987823, "fair_value": 280.714129, "relative_strength": 4.62816, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.373936, "energy": 16.605161, "activity_lines": [ 248.803505, 241.439543, 244.94199, 247.25315 ] }, { "date": "2023-09-29", "close": 255.87648, "volume": 19571890, "typical_volume": 28582453.55, "trend": 248.736221, "fair_value": 281.674058, "relative_strength": 4.031417, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.901278, "energy": 22.11332, "activity_lines": [ 253.316139, 244.381048, 245.465447, 247.762095 ] }, { "date": "2023-10-06", "close": 241.474457, "volume": 20826038, "typical_volume": 27586545.7, "trend": 248.974511, "fair_value": 282.478061, "relative_strength": -3.054423, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.460613, "energy": 17.674622, "activity_lines": [ 250.755775, 244.555619, 244.630536, 247.293594 ] }, { "date": "2023-10-13", "close": 246.755219, "volume": 9351167, "typical_volume": 25154127.2, "trend": 249.358785, "fair_value": 283.434829, "relative_strength": -2.64049, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.45164, "energy": 13.469183, "activity_lines": [ 249.411588, 245.7427, 244.406139, 247.150414 ] }, { "date": "2023-10-20", "close": 229.952805, "volume": 17889806, "typical_volume": 23815757.55, "trend": 248.416912, "fair_value": 284.256235, "relative_strength": -7.450157, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.318796, "energy": 22.543778, "activity_lines": [ 241.954522, 243.796239, 242.706867, 245.898416 ] }, { "date": "2023-10-27", "close": 224.191986, "volume": 17201265, "typical_volume": 22800740.1, "trend": 247.388158, "fair_value": 284.990935, "relative_strength": -8.078553, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.024345, "energy": 44.563149, "activity_lines": [ 234.65748, 240.7849, 240.685769, 244.335517 ] }, { "date": "2023-11-03", "close": 223.231842, "volume": 21286323, "typical_volume": 22207917.8, "trend": 246.597776, "fair_value": 285.733307, "relative_strength": -10.407108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.818374, "energy": 63.068158, "activity_lines": [ 229.184698, 237.555347, 238.726632, 242.777045 ] }, { "date": "2023-11-10", "close": 218.911224, "volume": 19512937, "typical_volume": 22627301.0, "trend": 245.993832, "fair_value": 286.467341, "relative_strength": -12.852929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.249854, "energy": 72.230367, "activity_lines": [ 224.448018, 233.514041, 236.570895, 240.990816 ] }, { "date": "2023-11-17", "close": 227.55246, "volume": 17541776, "typical_volume": 22434847.6, "trend": 245.768056, "fair_value": 287.287187, "relative_strength": -11.813753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.515149, "energy": 66.372676, "activity_lines": [ 224.095967, 231.305725, 235.466737, 239.80105 ] }, { "date": "2023-11-24", "close": 228.512604, "volume": 14433488, "typical_volume": 21708928.45, "trend": 245.138678, "fair_value": 288.052348, "relative_strength": -11.524536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.812526, "energy": 53.181183, "activity_lines": [ 225.344147, 229.481466, 234.577467, 238.687795 ] }, { "date": "2023-12-01", "close": 239.554184, "volume": 18931478, "typical_volume": 20945098.35, "trend": 244.787228, "fair_value": 288.849572, "relative_strength": -7.720887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.257914, "energy": 25.709502, "activity_lines": [ 230.368867, 230.258305, 234.778639, 238.327505 ] }, { "date": "2023-12-08", "close": 240.034241, "volume": 28116687, "typical_volume": 20288685.1, "trend": 244.166382, "fair_value": 289.624984, "relative_strength": -6.767277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.086731, "energy": 15.228263, "activity_lines": [ 234.52946, 231.427926, 235.10097, 238.020861 ] }, { "date": "2023-12-15", "close": 242.434586, "volume": 18197516, "typical_volume": 20087306.2, "trend": 243.445297, "fair_value": 290.233262, "relative_strength": -6.952272, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.71898, "energy": 16.285513, "activity_lines": [ 238.370008, 233.322014, 235.688482, 237.909132 ] }, { "date": "2023-12-22", "close": 231.873093, "volume": 25494647, "typical_volume": 20115936.5, "trend": 242.071744, "fair_value": 290.782134, "relative_strength": -10.269722, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.395667, "energy": 19.531773, "activity_lines": [ 237.121834, 233.278374, 235.279282, 237.162538 ] }, { "date": "2023-12-29", "close": 241.474457, "volume": 12180064, "typical_volume": 19757406.65, "trend": 240.868028, "fair_value": 291.37043, "relative_strength": -8.077236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.585801, "energy": 14.749697, "activity_lines": [ 238.786072, 235.25102, 235.834791, 237.124004 ] }, { "date": "2024-01-05", "close": 217.95108, "volume": 22287550, "typical_volume": 20054619.8, "trend": 239.586182, "fair_value": 291.810701, "relative_strength": -14.855444, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.671784, "energy": 25.869514, "activity_lines": [ 231.745061, 232.737204, 234.09054, 235.645491 ] }, { "date": "2024-01-12", "close": 219.871368, "volume": 14470333, "typical_volume": 19991370.45, "trend": 237.969952, "fair_value": 292.28817, "relative_strength": -13.880482, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.373671, "energy": 45.229125, "activity_lines": [ 226.784354, 230.686002, 232.547463, 234.373567 ] }, { "date": "2024-01-19", "close": 212.670349, "volume": 15317287, "typical_volume": 19945106.95, "trend": 236.161694, "fair_value": 292.644812, "relative_strength": -17.282341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.753707, "energy": 66.594989, "activity_lines": [ 220.767498, 227.386624, 230.327718, 232.741335 ] }, { "date": "2024-01-26", "close": 216.030823, "volume": 9034329, "typical_volume": 19694490.35, "trend": 234.913516, "fair_value": 292.834943, "relative_strength": -17.203982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.767893, "energy": 71.589422, "activity_lines": [ 217.855082, 224.811711, 228.526318, 231.442569 ] }, { "date": "2024-02-02", "close": 218.431152, "volume": 9658503, "typical_volume": 18370438.65, "trend": 234.305429, "fair_value": 293.023868, "relative_strength": -16.292364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.749979, "energy": 69.438687, "activity_lines": [ 216.798928, 222.882706, 227.063251, 230.379191 ] }, { "date": "2024-02-09", "close": 216.510895, "volume": 1527495, "typical_volume": 16641528.95, "trend": 233.009244, "fair_value": 293.009666, "relative_strength": -17.00182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.748998, "energy": 68.136704, "activity_lines": [ 216.638908, 220.787863, 225.62076, 229.231156 ] }, { "date": "2024-02-16", "close": 218.911224, "volume": 6058745, "typical_volume": 15965871.7, "trend": 232.049107, "fair_value": 293.162952, "relative_strength": -18.110848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.693214, "energy": 48.425201, "activity_lines": [ 217.37501, 219.548412, 224.596614, 228.321606 ] }, { "date": "2024-02-23", "close": 212.670349, "volume": 14363540, "typical_volume": 15642746.8, "trend": 230.992956, "fair_value": 293.060525, "relative_strength": -21.380053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.783187, "energy": 44.604059, "activity_lines": [ 216.09483, 217.558311, 223.154123, 227.071364 ] }, { "date": "2024-03-01", "close": 202.108841, "volume": 14147008, "typical_volume": 15882538.85, "trend": 229.648765, "fair_value": 292.752123, "relative_strength": -25.037832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.534302, "energy": 58.859801, "activity_lines": [ 211.294148, 214.189105, 220.842937, 225.207873 ] }, { "date": "2024-03-08", "close": 198.268295, "volume": 16354382, "typical_volume": 15805767.65, "trend": 228.624619, "fair_value": 292.369324, "relative_strength": -29.133892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.275515, "energy": 75.230809, "activity_lines": [ 206.141415, 210.662785, 218.378586, 223.183326 ] }, { "date": "2024-03-15", "close": 193.947678, "volume": 9984905, "typical_volume": 15444949.65, "trend": 227.696486, "fair_value": 291.980953, "relative_strength": -29.803575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.572627, "energy": 85.05965, "activity_lines": [ 200.892668, 207.136465, 215.653626, 220.946104 ] }, { "date": "2024-03-22", "close": 202.588913, "volume": 13297115, "typical_volume": 15045489.25, "trend": 227.056395, "fair_value": 291.664567, "relative_strength": -28.042773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.526834, "energy": 77.885939, "activity_lines": [ 200.028546, 205.617704, 213.895662, 219.326261 ] }, { "date": "2024-03-29", "close": 192.987534, "volume": 9759975, "typical_volume": 14557841.15, "trend": 225.712204, "fair_value": 291.203669, "relative_strength": -31.050713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.233351, "energy": 78.523534, "activity_lines": [ 197.052119, 202.667464, 211.32158, 217.12827 ] }, { "date": "2024-04-05", "close": 200.668625, "volume": 8708946, "typical_volume": 14116199.65, "trend": 224.432021, "fair_value": 290.634377, "relative_strength": -27.882743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.687494, "energy": 63.610209, "activity_lines": [ 197.948243, 201.471656, 209.602477, 215.512555 ] }, { "date": "2024-04-12", "close": 191.067261, "volume": 8755727, "typical_volume": 13832311.6, "trend": 222.095687, "fair_value": 289.915044, "relative_strength": -32.113829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.541908, "energy": 58.799646, "activity_lines": [ 195.739927, 198.809458, 207.096977, 213.35999 ] }, { "date": "2024-04-19", "close": 164.663498, "volume": 20817474, "typical_volume": 13926611.4, "trend": 219.039251, "fair_value": 289.120481, "relative_strength": -37.286301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.422892, "energy": 87.65655, "activity_lines": [ 185.210426, 191.844101, 202.255144, 209.654687 ] }, { "date": "2024-04-26", "close": 180.505768, "volume": 29629195, "typical_volume": 14002236.8, "trend": 216.526894, "fair_value": 288.438534, "relative_strength": -32.614287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.529134, "energy": 71.343085, "activity_lines": [ 181.91396, 188.701837, 199.278721, 207.168656 ] }, { "date": "2024-05-03", "close": 177.145279, "volume": 6593026, "typical_volume": 13422012.3, "trend": 214.382588, "fair_value": 287.779292, "relative_strength": -33.85459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.116653, "energy": 74.525937, "activity_lines": [ 178.969541, 185.646855, 196.26572, 204.627907 ] }, { "date": "2024-05-10", "close": 182.426025, "volume": 8557130, "typical_volume": 12575136.45, "trend": 212.238281, "fair_value": 287.187087, "relative_strength": -32.349997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.586942, "energy": 62.478955, "activity_lines": [ 178.84152, 184.19792, 194.066548, 202.566193 ] }, { "date": "2024-05-17", "close": 182.426025, "volume": 15026856, "typical_volume": 12717476.05, "trend": 210.654055, "fair_value": 286.597647, "relative_strength": -33.336623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.405262, "energy": 50.884251, "activity_lines": [ 179.929673, 183.106854, 192.102839, 200.642822 ] }, { "date": "2024-05-24", "close": 178.58548, "volume": 8615752, "typical_volume": 12033886.15, "trend": 209.133838, "fair_value": 286.138455, "relative_strength": -34.864535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.128939, "energy": 47.908951, "activity_lines": [ 180.313727, 181.605549, 190.054547, 198.573881 ] }, { "date": "2024-05-31", "close": 187.706787, "volume": 48532116, "typical_volume": 13736975.3, "trend": 207.94967, "fair_value": 285.599459, "relative_strength": -29.446025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.1925, "energy": 32.863814, "activity_lines": [ 182.810084, 182.041975, 189.062406, 197.191491 ] }, { "date": "2024-06-07", "close": 186.746643, "volume": 17308059, "typical_volume": 13836513.9, "trend": 206.877517, "fair_value": 285.06537, "relative_strength": -31.305736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.865331, "energy": 27.037465, "activity_lines": [ 184.506325, 182.574414, 188.131987, 195.823554 ] }, { "date": "2024-06-14", "close": 186.266571, "volume": 10134733, "typical_volume": 13891534.1, "trend": 205.501321, "fair_value": 284.373338, "relative_strength": -32.696166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.302546, "energy": 23.054541, "activity_lines": [ 185.402452, 183.133038, 187.279293, 194.493815 ] }, { "date": "2024-06-21", "close": 188.666916, "volume": 16503170, "typical_volume": 14233767.45, "trend": 204.173131, "fair_value": 283.671803, "relative_strength": -33.250988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.713612, "energy": 18.12034, "activity_lines": [ 186.842656, 184.389944, 186.796938, 193.407725 ] }, { "date": "2024-06-28", "close": 178.58548, "volume": 26923571, "typical_volume": 15503571.25, "trend": 202.140841, "fair_value": 282.82821, "relative_strength": -35.472885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.966339, "energy": 24.332984, "activity_lines": [ 184.506323, 183.857504, 185.496181, 191.756908 ] }, { "date": "2024-07-05", "close": 176.185135, "volume": 14335130, "typical_volume": 15917390.5, "trend": 200.012538, "fair_value": 281.783944, "relative_strength": -37.080158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.675812, "energy": 33.066774, "activity_lines": [ 181.369875, 182.635511, 184.147417, 190.082347 ] }, { "date": "2024-07-12", "close": 181.465897, "volume": 30322832, "typical_volume": 16715355.1, "trend": 197.980248, "fair_value": 280.781826, "relative_strength": -35.419519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.093443, "energy": 29.837069, "activity_lines": [ 180.761791, 182.452213, 183.50504, 188.885789 ] }, { "date": "2024-07-19", "close": 181.014847, "volume": 37490500, "typical_volume": 17882529.7, "trend": 196.284973, "fair_value": 279.630247, "relative_strength": -31.889724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.845419, "energy": 32.006664, "activity_lines": [ 180.355407, 182.10835, 182.968298, 187.791247 ] }, { "date": "2024-07-26", "close": 176.069092, "volume": 11569168, "typical_volume": 17643269.0, "trend": 194.104794, "fair_value": 278.347407, "relative_strength": -30.797579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.168552, "energy": 37.82236, "activity_lines": [ 178.650553, 180.890916, 182.06098, 186.486997 ] }, { "date": "2024-08-02", "close": 154.307739, "volume": 25666266, "typical_volume": 18427337.05, "trend": 191.98335, "fair_value": 277.171198, "relative_strength": -37.240188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.527999, "energy": 62.388388, "activity_lines": [ 170.531769, 175.832453, 179.186863, 183.919445 ] }, { "date": "2024-08-09", "close": 139.965027, "volume": 24306927, "typical_volume": 18977827.65, "trend": 189.319805, "fair_value": 275.872629, "relative_strength": -41.910126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.75661, "energy": 81.071115, "activity_lines": [ 159.250597, 168.607638, 175.135534, 180.563424 ] }, { "date": "2024-08-16", "close": 146.889084, "volume": 9390596, "typical_volume": 18959358.7, "trend": 187.127096, "fair_value": 274.493901, "relative_strength": -40.730195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.748843, "energy": 82.572732, "activity_lines": [ 152.692118, 163.509774, 172.041849, 177.825958 ] }, { "date": "2024-08-23", "close": 145.405365, "volume": 11219162, "typical_volume": 19084869.5, "trend": 184.772914, "fair_value": 273.30646, "relative_strength": -40.106246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.712856, "energy": 83.501245, "activity_lines": [ 147.944187, 158.866826, 169.026373, 175.134234 ] }, { "date": "2024-08-30", "close": 145.405365, "volume": 12948358, "typical_volume": 19294501.05, "trend": 182.338721, "fair_value": 272.202684, "relative_strength": -39.608562, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.658935, "energy": 84.375403, "activity_lines": [ 145.570222, 154.966809, 166.274056, 172.594392 ] }, { "date": "2024-09-06", "close": 126.116898, "volume": 11486155, "typical_volume": 18827935.1, "trend": 179.325588, "fair_value": 270.707535, "relative_strength": -44.745147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.011198, "energy": 90.210649, "activity_lines": [ 138.811016, 148.346372, 161.902179, 168.967177 ] }, { "date": "2024-09-13", "close": 132.546387, "volume": 9813268, "typical_volume": 17837138.75, "trend": 176.44676, "fair_value": 269.175512, "relative_strength": -41.812355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.728371, "energy": 79.099444, "activity_lines": [ 136.074362, 143.848907, 158.326191, 165.949164 ] }, { "date": "2024-09-20", "close": 135.513855, "volume": 11082339, "typical_volume": 18061604.4, "trend": 173.874877, "fair_value": 267.629045, "relative_strength": -40.537613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.045998, "energy": 67.159179, "activity_lines": [ 134.821441, 140.684413, 155.261196, 163.308332 ] }, { "date": "2024-09-27", "close": 140.954178, "volume": 8919682, "typical_volume": 18079732.0, "trend": 171.836388, "fair_value": 265.966855, "relative_strength": -38.865576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.917661, "energy": 57.423104, "activity_lines": [ 136.140309, 139.344561, 152.912571, 161.184416 ] }, { "date": "2024-10-04", "close": 135.019272, "volume": 4760793, "typical_volume": 17566428.85, "trend": 169.728087, "fair_value": 264.194109, "relative_strength": -39.081118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.13207, "energy": 52.087769, "activity_lines": [ 135.777621, 137.654011, 150.196203, 158.809118 ] }, { "date": "2024-10-11", "close": 133.04097, "volume": 6677708, "typical_volume": 17469526.65, "trend": 167.697864, "fair_value": 262.687568, "relative_strength": -40.519828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.950659, "energy": 50.143172, "activity_lines": [ 135.447905, 136.350129, 147.517172, 156.442207 ] }, { "date": "2024-10-18", "close": 132.051819, "volume": 6608683, "typical_volume": 15373355.0, "trend": 165.346627, "fair_value": 261.135642, "relative_strength": -41.470124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.601529, "energy": 49.492857, "activity_lines": [ 134.326867, 135.253071, 144.960814, 154.142462 ] }, { "date": "2024-10-25", "close": 134.524689, "volume": 13576242, "typical_volume": 15186764.15, "trend": 163.397866, "fair_value": 259.691599, "relative_strength": -39.026713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.755817, "energy": 46.80311, "activity_lines": [ 134.06309, 134.749502, 142.904991, 152.15395 ] }, { "date": "2024-11-01", "close": 130.073502, "volume": 7567717, "typical_volume": 15058413.35, "trend": 161.044695, "fair_value": 258.068426, "relative_strength": -38.596916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.803705, "energy": 51.666243, "activity_lines": [ 132.381529, 133.661433, 140.673922, 150.003991 ] }, { "date": "2024-11-08", "close": 128.0952, "volume": 15314782, "typical_volume": 14998993.95, "trend": 158.945626, "fair_value": 256.153686, "relative_strength": -40.573091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.333959, "energy": 61.615639, "activity_lines": [ 130.765912, 132.492434, 138.522029, 147.878217 ] }, { "date": "2024-11-15", "close": 120.181984, "volume": 7525711, "typical_volume": 14029100.95, "trend": 157.462909, "fair_value": 253.811725, "relative_strength": -41.276088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.852397, "energy": 72.299931, "activity_lines": [ 126.974162, 130.199399, 135.904933, 145.377337 ] }, { "date": "2024-11-22", "close": 123.644012, "volume": 6501937, "typical_volume": 13637441.3, "trend": 155.567517, "fair_value": 251.402713, "relative_strength": -38.990996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.263955, "energy": 72.417496, "activity_lines": [ 125.193686, 128.643731, 133.895666, 143.195473 ] }, { "date": "2024-11-29", "close": 115.236221, "volume": 9299516, "typical_volume": 12586275.5, "trend": 153.503882, "fair_value": 249.084826, "relative_strength": -40.39125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.022636, "energy": 75.513625, "activity_lines": [ 121.171134, 125.721236, 131.335853, 140.593454 ] }, { "date": "2024-12-06", "close": 112.763351, "volume": 8610052, "typical_volume": 11142253.1, "trend": 151.181793, "fair_value": 246.544713, "relative_strength": -42.879595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.24453, "energy": 86.837598, "activity_lines": [ 117.61019, 122.717811, 128.855908, 137.965032 ] }, { "date": "2024-12-13", "close": 103.86097, "volume": 10235570, "typical_volume": 11075573.2, "trend": 148.562958, "fair_value": 243.858289, "relative_strength": -45.868373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.950816, "energy": 92.206208, "activity_lines": [ 112.235795, 118.608333, 125.853124, 134.912076 ] }, { "date": "2024-12-20", "close": 109.795891, "volume": 10618540, "typical_volume": 10323186.9, "trend": 146.269972, "fair_value": 241.371663, "relative_strength": -40.335479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.578585, "energy": 85.828222, "activity_lines": [ 110.455323, 116.144445, 123.759419, 132.410975 ] }, { "date": "2024-12-27", "close": 123.149445, "volume": 20971610, "typical_volume": 10156421.05, "trend": 144.11806, "fair_value": 239.00968, "relative_strength": -34.010511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.303812, "energy": 59.068574, "activity_lines": [ 113.818441, 116.531115, 123.149442, 130.919328 ] }, { "date": "2025-01-03", "close": 127.600624, "volume": 17290365, "typical_volume": 10551409.5, "trend": 142.146526, "fair_value": 236.665076, "relative_strength": -29.364808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.454378, "energy": 40.644562, "activity_lines": [ 118.698258, 117.88895, 123.043461, 129.853687 ] }, { "date": "2025-01-10", "close": 126.116898, "volume": 18792951, "typical_volume": 10930098.95, "trend": 140.141537, "fair_value": 234.283072, "relative_strength": -29.280252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.587277, "energy": 23.073175, "activity_lines": [ 122.259205, 119.10291, 122.888023, 128.819517 ] }, { "date": "2025-01-17", "close": 131.557236, "volume": 18022196, "typical_volume": 11183790.85, "trend": 138.237881, "fair_value": 232.014029, "relative_strength": -25.490638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.839544, "energy": 22.970572, "activity_lines": [ 126.743362, 121.37796, 123.342562, 128.265692 ] }, { "date": "2025-01-24", "close": 134.524689, "volume": 7972448, "typical_volume": 11008105.5, "trend": 136.769188, "fair_value": 230.009428, "relative_strength": -23.824615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.213354, "energy": 21.647924, "activity_lines": [ 130.370252, 124.129601, 124.145659, 128.026131 ] }, { "date": "2025-02-07", "close": 134.524689, "volume": 16189098, "typical_volume": 11326897.0, "trend": 135.380507, "fair_value": 228.135902, "relative_strength": -22.406425, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.052552, "energy": 20.190208, "activity_lines": [ 132.348555, 126.620466, 124.908719, 127.881324 ] }, { "date": "2025-02-14", "close": 131.062668, "volume": 14634606, "typical_volume": 11504510.35, "trend": 133.700399, "fair_value": 226.343372, "relative_strength": -22.060483, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.930788, "energy": 19.072671, "activity_lines": [ 132.414502, 128.284042, 125.332642, 127.602754 ] }, { "date": "2025-02-21", "close": 142.93248, "volume": 27753714, "typical_volume": 12446211.95, "trend": 132.430987, "fair_value": 224.392667, "relative_strength": -15.790664, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.652578, "energy": 39.820692, "activity_lines": [ 136.20625, 131.818012, 126.90822, 128.198372 ] }, { "date": "2025-02-28", "close": 134.524689, "volume": 17388401, "typical_volume": 13077592.35, "trend": 131.046173, "fair_value": 222.265355, "relative_strength": -17.2092, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.311547, "energy": 29.632978, "activity_lines": [ 136.074362, 133.274762, 127.673635, 128.33345 ] }, { "date": "2025-03-07", "close": 132.051819, "volume": 12719626, "typical_volume": 13379688.25, "trend": 130.304309, "fair_value": 220.189125, "relative_strength": -15.906752, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.211932, "energy": 19.175515, "activity_lines": [ 134.920354, 133.724378, 128.205894, 128.39833 ] }, { "date": "2025-03-14", "close": 127.600624, "volume": 10484832, "typical_volume": 13573495.7, "trend": 129.892162, "fair_value": 217.956075, "relative_strength": -15.50828, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.74428, "energy": 11.66938, "activity_lines": [ 132.447473, 132.960033, 128.318939, 128.223899 ] }, { "date": "2025-03-21", "close": 129.084351, "volume": 7747343, "typical_volume": 13282050.75, "trend": 129.298671, "fair_value": 216.056042, "relative_strength": -14.486726, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.956579, "energy": 6.597279, "activity_lines": [ 130.930771, 132.384526, 128.594489, 128.171782 ] }, { "date": "2025-03-28", "close": 110.785042, "volume": 10597897, "typical_volume": 13433559.75, "trend": 128.144661, "fair_value": 214.086116, "relative_strength": -23.492004, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.344355, "energy": 24.332291, "activity_lines": [ 123.446188, 128.454894, 127.153153, 126.977354 ] }, { "date": "2025-04-04", "close": 103.86097, "volume": 9988806, "typical_volume": 13167260.95, "trend": 126.759847, "fair_value": 211.862642, "relative_strength": -26.267682, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.665716, "energy": 59.577015, "activity_lines": [ 115.796743, 123.545102, 125.144232, 125.410665 ] }, { "date": "2025-04-11", "close": 82.79203, "volume": 19906975, "typical_volume": 13786324.15, "trend": 125.315685, "fair_value": 209.459488, "relative_strength": -34.833041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.939604, "energy": 85.426941, "activity_lines": [ 103.168565, 115.308162, 121.244146, 122.574031 ] }, { "date": "2025-04-18", "close": 88.331291, "volume": 13052766, "typical_volume": 14113865.6, "trend": 123.841849, "fair_value": 207.248019, "relative_strength": -29.015814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.743311, "energy": 87.971808, "activity_lines": [ 95.670795, 109.018953, 118.049656, 120.187941 ] }, { "date": "2025-04-25", "close": 95.156433, "volume": 26834809, "typical_volume": 14990630.25, "trend": 122.496601, "fair_value": 205.398229, "relative_strength": -24.545005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.901664, "energy": 83.85446, "activity_lines": [ 93.066027, 104.81056, 115.673335, 118.337269 ] }, { "date": "2025-05-02", "close": 98.321724, "volume": 9548867, "typical_volume": 15037571.0, "trend": 121.075519, "fair_value": 203.604984, "relative_strength": -24.495997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.492425, "energy": 81.277969, "activity_lines": [ 93.778217, 101.830515, 113.694089, 116.7776 ] }, { "date": "2025-05-09", "close": 99.904366, "volume": 11669906, "typical_volume": 15109287.8, "trend": 119.905023, "fair_value": 201.992005, "relative_strength": -22.815167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.138744, "energy": 61.861669, "activity_lines": [ 95.848842, 99.949327, 111.93434, 115.411719 ] }, { "date": "2025-05-16", "close": 103.86097, "volume": 8853946, "typical_volume": 15021058.1, "trend": 118.932356, "fair_value": 200.418333, "relative_strength": -22.189385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.476283, "energy": 38.883487, "activity_lines": [ 99.50211, 99.416983, 110.570252, 114.376619 ] }, { "date": "2025-05-23", "close": 104.355553, "volume": 7568821, "typical_volume": 14350918.65, "trend": 118.009147, "fair_value": 198.867353, "relative_strength": -20.182661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.635219, "energy": 31.120925, "activity_lines": [ 101.915642, 99.487123, 109.281528, 113.43618 ] }, { "date": "2025-05-30", "close": 103.86097, "volume": 34638110, "typical_volume": 15218305.9, "trend": 116.987023, "fair_value": 197.293681, "relative_strength": -18.540004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.475665, "energy": 24.963469, "activity_lines": [ 103.096029, 99.889977, 108.035196, 112.523394 ] }, { "date": "2025-06-06", "close": 105.839279, "volume": 20058069, "typical_volume": 15281561.8, "trend": 116.179216, "fair_value": 195.872133, "relative_strength": -17.127656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.614555, "energy": 21.566277, "activity_lines": [ 104.355549, 101.111131, 107.09032, 111.804185 ] }, { "date": "2025-06-13", "close": 105.344704, "volume": 12111143, "typical_volume": 14986009.15, "trend": 115.420866, "fair_value": 194.472514, "relative_strength": -18.047656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.074916, "energy": 19.324757, "activity_lines": [ 104.949041, 102.332284, 106.194902, 111.105184 ] }, { "date": "2025-06-20", "close": 103.86097, "volume": 8293464, "typical_volume": 15002059.95, "trend": 114.876832, "fair_value": 193.102428, "relative_strength": -18.138321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.86966, "energy": 17.293358, "activity_lines": [ 104.685266, 103.256691, 105.282998, 110.359385 ] }, { "date": "2025-06-27", "close": 111.279617, "volume": 16009424, "typical_volume": 14993076.25, "trend": 114.464685, "fair_value": 192.053205, "relative_strength": -13.445338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.539678, "energy": 15.309464, "activity_lines": [ 106.894374, 105.146871, 105.223649, 110.127306 ] }, { "date": "2025-07-04", "close": 125.736122, "volume": 42445694, "typical_volume": 16383630.65, "trend": 114.814682, "fair_value": 191.272349, "relative_strength": -1.334028, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.923728, "energy": 19.711527, "activity_lines": [ 113.460712, 109.248265, 106.651801, 110.854496 ] }, { "date": "2025-07-11", "close": 144.197372, "volume": 138692645, "typical_volume": 21930577.2, "trend": 115.862483, "fair_value": 190.787039, "relative_strength": 12.577505, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.124232, "energy": 63.565111, "activity_lines": [ 124.722456, 116.150255, 109.863531, 112.750153 ] }, { "date": "2025-07-18", "close": 170.641876, "volume": 219174703, "typical_volume": 32019892.3, "trend": 118.088513, "fair_value": 190.367255, "relative_strength": 29.750261, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.746431, "energy": 80.657667, "activity_lines": [ 142.241829, 127.026234, 115.587763, 116.284307 ] }, { "date": "2025-07-25", "close": 180.121979, "volume": 158980794, "typical_volume": 39332950.7, "trend": 120.432716, "fair_value": 190.057347, "relative_strength": 37.165106, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 66.341087, "energy": 87.768879, "activity_lines": [ 158.568092, 138.339731, 122.042875, 120.286466 ] }, { "date": "2025-08-01", "close": 176.13036, "volume": 100005879, "typical_volume": 43809003.05, "trend": 122.198746, "fair_value": 189.57742, "relative_strength": 33.928311, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.276883, "energy": 93.13447, "activity_lines": [ 168.479747, 147.540916, 127.888927, 123.879863 ] }, { "date": "2025-08-08", "close": 168.14711, "volume": 46437626, "typical_volume": 45743517.2, "trend": 123.550296, "fair_value": 189.265854, "relative_strength": 24.790303, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.307482, "energy": 88.377869, "activity_lines": [ 171.406937, 153.985604, 132.743575, 126.844273 ] }, { "date": "2025-08-15", "close": 169.14502, "volume": 67657879, "typical_volume": 48596516.3, "trend": 124.984567, "fair_value": 188.940465, "relative_strength": 23.73212, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.533117, "energy": 84.532338, "activity_lines": [ 171.839364, 159.442891, 137.50725, 129.785869 ] }, { "date": "2025-08-22", "close": 172.138733, "volume": 83447067, "typical_volume": 52269429.35, "trend": 126.337283, "fair_value": 188.533164, "relative_strength": 28.646851, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.723101, "energy": 62.856929, "activity_lines": [ 171.606518, 164.293477, 142.278135, 132.828073 ] }, { "date": "2025-08-29", "close": 219.539261, "volume": 215959398, "typical_volume": 62072050.5, "trend": 129.171102, "fair_value": 188.236175, "relative_strength": 59.53773, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.266803, "energy": 72.34699, "activity_lines": [ 187.074058, 176.547903, 151.238225, 138.841104 ] }, { "date": "2025-09-05", "close": 187.10733, "volume": 86382019, "typical_volume": 65738513.15, "trend": 130.923857, "fair_value": 187.829502, "relative_strength": 34.014881, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.051007, "energy": 59.682241, "activity_lines": [ 189.103136, 180.802373, 156.458381, 142.578925 ] }, { "date": "2025-09-12", "close": 183.614655, "volume": 52841501, "typical_volume": 67038847.75, "trend": 132.67559, "fair_value": 187.602644, "relative_strength": 25.891285, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.189245, "energy": 56.864492, "activity_lines": [ 189.236191, 183.043126, 160.87554, 145.978331 ] }, { "date": "2025-09-19", "close": 219.539261, "volume": 130701046, "typical_volume": 73096456.7, "trend": 135.229149, "fair_value": 187.611849, "relative_strength": 48.66757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.995497, "energy": 64.547244, "activity_lines": [ 200.312945, 190.763288, 168.29286, 151.582439 ] }, { "date": "2025-09-26", "close": 218.541351, "volume": 179008372, "typical_volume": 81463380.0, "trend": 138.029705, "fair_value": 187.733092, "relative_strength": 46.793337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.296587, "energy": 59.530968, "activity_lines": [ 207.697446, 196.932159, 175.037915, 156.95742 ] }, { "date": "2025-10-03", "close": 253.468048, "volume": 87249167, "typical_volume": 85383141.05, "trend": 142.076912, "fair_value": 188.173548, "relative_strength": 60.988568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.348524, "energy": 72.195089, "activity_lines": [ 223.630671, 208.580439, 184.544384, 164.405055 ] }, { "date": "2025-10-10", "close": 264.445007, "volume": 137393177, "typical_volume": 91874358.85, "trend": 146.638392, "fair_value": 188.776806, "relative_strength": 62.701592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.00702, "energy": 88.060314, "activity_lines": [ 240.960964, 220.890966, 194.383863, 172.29977 ] }, { "date": "2025-10-17", "close": 279.912567, "volume": 218549836, "typical_volume": 101069945.15, "trend": 151.665999, "fair_value": 189.392555, "relative_strength": 69.778515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.870481, "energy": 89.901016, "activity_lines": [ 258.291265, 234.408055, 204.934112, 180.898104 ] }, { "date": "2025-10-24", "close": 271.929321, "volume": 75252230, "typical_volume": 103829653.2, "trend": 157.037475, "fair_value": 190.006237, "relative_strength": 61.372729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.228947, "energy": 87.278098, "activity_lines": [ 266.540623, 244.441545, 213.885711, 188.657028 ] }, { "date": "2025-10-31", "close": 289.891602, "volume": 128256505, "typical_volume": 109636921.3, "trend": 163.238496, "fair_value": 190.737951, "relative_strength": 65.418251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.274727, "energy": 85.918959, "activity_lines": [ 277.284737, 255.872099, 223.757099, 197.228262 ] }, { "date": "2025-11-07", "close": 272.428253, "volume": 123409674, "typical_volume": 115392731.8, "trend": 169.559704, "fair_value": 191.279726, "relative_strength": 56.713712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.602028, "energy": 64.3506, "activity_lines": [ 277.451052, 261.986538, 231.086515, 204.272763 ] }, { "date": "2025-11-14", "close": 281.908356, "volume": 108768474, "typical_volume": 120030684.3, "trend": 176.012272, "fair_value": 191.833165, "relative_strength": 61.276777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.194369, "energy": 60.885304, "activity_lines": [ 279.513387, 268.863014, 238.516098, 211.521063 ] }, { "date": "2025-11-21", "close": 249.47644, "volume": 76782149, "typical_volume": 121747507.05, "trend": 181.156273, "fair_value": 191.950505, "relative_strength": 46.090961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.253622, "energy": 50.139867, "activity_lines": [ 269.600861, 268.119123, 242.044408, 216.260687 ] }, { "date": "2025-11-28", "close": 261.950256, "volume": 53371569, "typical_volume": 117481453.25, "trend": 186.610557, "fair_value": 192.13914, "relative_strength": 45.016601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.222673, "energy": 40.189025, "activity_lines": [ 265.875348, 268.445711, 246.171462, 221.473202 ] }, { "date": "2025-12-05", "close": 269.43454, "volume": 64372026, "typical_volume": 109741319.4, "trend": 192.261563, "fair_value": 192.300646, "relative_strength": 45.366774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.868111, "energy": 37.15057, "activity_lines": [ 265.309867, 269.361969, 250.450576, 226.816684 ] }, { "date": "2025-12-12", "close": 270.931396, "volume": 65301989, "typical_volume": 105057379.15, "trend": 197.830577, "fair_value": 192.330205, "relative_strength": 43.077317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.361666, "energy": 31.823974, "activity_lines": [ 266.607143, 269.625052, 254.401807, 231.892158 ] }, { "date": "2025-12-19", "close": 238.998428, "volume": 43720558, "typical_volume": 102243113.1, "trend": 202.318673, "fair_value": 192.235946, "relative_strength": 27.002295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.57753, "energy": 25.705699, "activity_lines": [ 257.359886, 263.764626, 254.879377, 234.548148 ] }, { "date": "2025-12-26", "close": 245.983765, "volume": 18829411, "typical_volume": 100862702.35, "trend": 207.056099, "fair_value": 192.310677, "relative_strength": 25.452434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.773317, "energy": 20.044007, "activity_lines": [ 253.301737, 259.636925, 255.722845, 237.365251 ] }, { "date": "2026-01-02", "close": 236.503662, "volume": 19951173, "typical_volume": 98477367.05, "trend": 211.411579, "fair_value": 192.428629, "relative_strength": 16.452829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.82983, "energy": 15.228478, "activity_lines": [ 246.316399, 254.402457, 255.292796, 239.265093 ] }, { "date": "2026-01-09", "close": 239.996323, "volume": 48273908, "typical_volume": 96718709.1, "trend": 215.899966, "fair_value": 192.655628, "relative_strength": 13.764385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.537305, "energy": 17.584086, "activity_lines": [ 242.191721, 250.447122, 254.874625, 241.109271 ] }, { "date": "2026-01-16", "close": 288.893707, "volume": 112970437, "typical_volume": 91569261.05, "trend": 222.067724, "fair_value": 193.193184, "relative_strength": 30.719189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.433935, "energy": 24.597978, "activity_lines": [ 256.328718, 256.289406, 258.790217, 245.818544 ] }, { "date": "2026-01-23", "close": 381.199982, "volume": 176067507, "typical_volume": 96053535.45, "trend": 231.065069, "fair_value": 194.308003, "relative_strength": 66.658908, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 84.909217, "energy": 78.217308, "activity_lines": [ 300.036986, 278.615278, 271.166624, 256.085141 ] }, { "date": "2026-01-30", "close": 387.686371, "volume": 17676092, "typical_volume": 94295265.0, "trend": 239.796744, "fair_value": 195.438404, "relative_strength": 66.109628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.26948, "energy": 92.848554, "activity_lines": [ 336.427281, 300.315191, 283.236531, 266.189742 ] }, { "date": "2026-02-06", "close": 378.206268, "volume": 14050133, "typical_volume": 88462719.35, "trend": 247.597041, "fair_value": 196.389601, "relative_strength": 60.8575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.197178, "energy": 91.179418, "activity_lines": [ 360.2107, 317.778541, 293.431801, 275.119388 ] }, { "date": "2026-02-13", "close": 415.128784, "volume": 59321429, "typical_volume": 82478372.2, "trend": 255.746605, "fair_value": 197.681472, "relative_strength": 64.129194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.288814, "energy": 93.782108, "activity_lines": [ 386.854785, 339.84133, 306.387944, 285.927888 ] }, { "date": "2026-02-27", "close": 553.837708, "volume": 76984418, "typical_volume": 81965134.75, "trend": 268.203796, "fair_value": 199.813396, "relative_strength": 102.803979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.317265, "energy": 98.991912, "activity_lines": [ 448.05968, 384.474937, 331.61833, 305.159572 ] }, { "date": "2026-03-06", "close": 468.516754, "volume": 17328184, "typical_volume": 75961885.1, "trend": 277.950009, "fair_value": 201.459051, "relative_strength": 77.244199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.821769, "energy": 86.406385, "activity_lines": [ 463.161324, 408.451892, 347.29258, 318.082989 ] }, { "date": "2026-03-13", "close": 513.921448, "volume": 11137345, "typical_volume": 65591260.55, "trend": 289.47582, "fair_value": 203.257109, "relative_strength": 91.125006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.541253, "energy": 74.494294, "activity_lines": [ 487.576748, 436.511186, 366.319315, 333.306952 ] }, { "date": "2026-03-20", "close": 539.867004, "volume": 116065336, "typical_volume": 67631915.85, "trend": 301.833219, "fair_value": 205.215706, "relative_strength": 95.120615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.154585, "energy": 71.485481, "activity_lines": [ 512.225018, 464.416259, 386.702728, 349.461222 ] }, { "date": "2026-03-27", "close": 559.825134, "volume": 111686122, "typical_volume": 66803396.7, "trend": 314.756099, "fair_value": 207.296464, "relative_strength": 99.801227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.533309, "energy": 69.399893, "activity_lines": [ 532.748616, 490.434387, 407.711022, 366.105862 ] }, { "date": "2026-04-03", "close": 566.810425, "volume": 105301785, "typical_volume": 65898002.25, "trend": 326.331805, "fair_value": 209.274678, "relative_strength": 100.068465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.406179, "energy": 66.390149, "activity_lines": [ 545.954222, 511.907497, 428.099183, 382.367431 ] }, { "date": "2026-04-10", "close": 665.603149, "volume": 99129315, "typical_volume": 65416044.3, "trend": 342.281665, "fair_value": 211.906399, "relative_strength": 109.615333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.251327, "energy": 71.268354, "activity_lines": [ 591.225887, 546.28989, 456.494356, 404.255905 ] }, { "date": "2026-04-17", "close": 722.483765, "volume": 87336333, "typical_volume": 65943753.5, "trend": 360.243969, "fair_value": 214.954736, "relative_strength": 111.959411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.479539, "energy": 72.506561, "activity_lines": [ 642.318665, 585.843247, 488.479612, 428.785073 ] }, { "date": "2026-04-24", "close": 872.169617, "volume": 116843437, "typical_volume": 69117346.9, "trend": 381.998314, "fair_value": 219.026146, "relative_strength": 133.243498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.668895, "energy": 87.356015, "activity_lines": [ 729.402572, 646.524987, 532.468247, 461.812534 ] }, { "date": "2026-05-01", "close": 1002.895264, "volume": 88558657, "typical_volume": 70326678.45, "trend": 408.143445, "fair_value": 223.952874, "relative_strength": 157.431505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.42619, "energy": 97.558211, "activity_lines": [ 837.908187, 721.993875, 586.001138, 501.870402 ] }, { "date": "2026-05-08", "close": 852.211487, "volume": 85545614, "typical_volume": 71338859.7, "trend": 428.101559, "fair_value": 227.82991, "relative_strength": 98.66157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.165908, "energy": 86.611574, "activity_lines": [ 866.647868, 759.37905, 621.690523, 530.519953 ] }, { "date": "2026-05-15", "close": 784.353882, "volume": 76837831, "typical_volume": 72994723.35, "trend": 445.431855, "fair_value": 231.254629, "relative_strength": 79.968609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.226287, "energy": 71.16934, "activity_lines": [ 853.74161, 779.0015, 648.149278, 553.503974 ] }, { "date": "2026-05-22", "close": 932.043945, "volume": 67343603, "typical_volume": 75420432.95, "trend": 467.169568, "fair_value": 235.571195, "relative_strength": 101.966361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.334431, "energy": 67.785357, "activity_lines": [ 882.148657, 819.734196, 686.076823, 584.898302 ] }, { "date": "2026-05-29", "close": 846.22406, "volume": 109521639, "typical_volume": 79898956.25, "trend": 486.312726, "fair_value": 239.30297, "relative_strength": 69.067304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.811282, "energy": 56.561716, "activity_lines": [ 867.978398, 837.26105, 712.564092, 609.353431 ] }, { "date": "2026-06-05", "close": 843.230347, "volume": 72215103, "typical_volume": 81096016.0, "trend": 504.757351, "fair_value": 242.957782, "relative_strength": 63.319919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.799276, "energy": 50.406756, "activity_lines": [ 854.539937, 848.673463, 735.862815, 632.380374 ] }, { "date": "2026-06-12", "close": 817.28479, "volume": 80831452, "typical_volume": 79489066.75, "trend": 522.919235, "fair_value": 246.41739, "relative_strength": 57.916965, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.130373, "energy": 42.940293, "activity_lines": [ 843.097286, 850.215681, 753.81799, 652.543434 ] }, { "date": "2026-06-19", "close": 872.169617, "volume": 59305291, "typical_volume": 73650955.95, "trend": 542.594611, "fair_value": 250.36459, "relative_strength": 56.596489, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.944562, "energy": 38.896453, "activity_lines": [ 852.278023, 857.182878, 774.484143, 675.075717 ] }, { "date": "2026-06-26", "close": 1125.0, "volume": 134440861, "typical_volume": 79489194.4, "trend": 571.778729, "fair_value": 255.855883, "relative_strength": 103.858149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 82.636893, "energy": 57.733317, "activity_lines": [ 939.881173, 906.363482, 816.891429, 712.650258 ] }, { "date": "2026-07-03", "close": 1185.0, "volume": 72660528, "typical_volume": 82419714.15, "trend": 602.547054, "fair_value": 261.741023, "relative_strength": 98.30722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.316189, "energy": 66.397605, "activity_lines": [ 1034.620585, 959.1347, 861.501984, 752.212921 ] }, { "date": "2026-07-10", "close": 1215.0, "volume": 0, "typical_volume": 79453642.7, "trend": 634.065903, "fair_value": 267.904638, "relative_strength": 103.230314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.752093, "energy": 86.941112, "activity_lines": [ 1116.774935, 1011.672639, 905.127807, 791.726014 ] }, { "date": "2026-07-17", "close": 1150.0, "volume": 101425934, "typical_volume": 80675718.5, "trend": 663.36819, "fair_value": 273.759293, "relative_strength": 98.485408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.331079, "energy": 80.907475, "activity_lines": [ 1152.477974, 1048.535945, 938.754244, 825.012085 ] }, { "date": "2026-07-24", "close": 1110.0, "volume": 80820635, "typical_volume": 83850341.05, "trend": 692.401575, "fair_value": 279.237521, "relative_strength": 82.577143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.153976, "energy": 68.462318, "activity_lines": [ 1152.666667, 1072.712188, 965.732288, 853.827041 ] }, { "date": "2026-07-31", "close": 920.0, "volume": 82056599, "typical_volume": 87396303.75, "trend": 714.868783, "fair_value": 283.547038, "relative_strength": 50.373527, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.341703, "energy": 43.555694, "activity_lines": [ 1073.666667, 1056.422138, 971.560412, 868.51081 ] }, { "date": "2026-08-07", "close": 1080.0, "volume": 23963104, "typical_volume": 82791192.15, "trend": 742.985328, "fair_value": 288.903738, "relative_strength": 68.255308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.793429, "energy": 31.985116, "activity_lines": [ 1061.666667, 1069.441978, 990.692924, 892.067663 ] }, { "date": "2026-08-14", "close": 1305.0, "volume": 59349691, "typical_volume": 80174370.6, "trend": 778.48545, "fair_value": 295.715054, "relative_strength": 90.840609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.913155, "energy": 44.53482, "activity_lines": [ 1131.666667, 1119.120437, 1028.681946, 928.326674 ] } ], "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." } } }