{ "ticker": { "uuid": "076f694b-2e13-406b-8d78-5ca150164b21", "symbol": "605123", "name": "Wuxi Paike New Materials Technology Co.,Ltd.", "exchange": "SHH", "country": "CN", "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": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.578, "architecture_energy": 78.497, "architecture_maturity": 23.879, "architecture_confidence": 82.167, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 17.6, "rotation_up": 8.49, "upward_expansion": 18.36, "deceleration": 37.04, "rotation_down": 75.29, "downward_expansion": 91.69 }, "activity_lines": [ 77.229333, 84.439092, 93.070874, 96.551521 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 78.879997, "trend_reference": 101.582363, "distance_from_trend": -0.223487, "trend_direction": "Improving", "fair_value": 73.557627, "distance_from_fair_value": 0.072356, "fair_value_direction": "Weakening", "relative_strength": -11.922175, "relative_strength_direction": "Weakening", "price_momentum": -0.274654, "excess_performance": -0.23145, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.223487, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.034661, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.072356, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.502864, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.119222, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.405728, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.274654, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.824755, "read": "Supply-led" } ], "volume": { "latest": 18330156, "relative_activity": 1.240405, "balance": 0.824755, "dry_up": 0.894033, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.157142, "annualized_volatility": 0.611156, "from_high_reference": -0.39572, "from_low_reference": 0.198216 }, "levels": { "trend_reference": 101.582363, "fair_value_reference": 73.557627, "structural_low": 70.400002, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.051539, "positive_rate": 0.363636, "directional_follow_through": 0.636364, "median_excess_return": -0.052362, "regime_survival": 0.909091, "best_return": 0.331192, "worst_return": -0.30975, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.067024, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.038045, "regime_survival": 0.75, "best_return": 0.217355, "worst_return": -0.25192, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.163553, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.172566, "regime_survival": 0.6, "best_return": 0.261252, "worst_return": -0.287311, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.027783, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.05432, "regime_survival": 0.666667, "best_return": 0.070872, "worst_return": -0.392008, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-17", "tenure": "Developing", "return": -0.118957, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": 0.027185, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": 0.023287, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.050851, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-04-18", "tenure": "New", "return": -0.078623, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": 0.166121, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-15", "tenure": "Developing", "return": 0.087016, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-11-07", "tenure": "Developing", "return": 0.001816, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.008931, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": 0.206885, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": 0.169182, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": -0.183115, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": -0.297207, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.090708, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 93.69574, "volume": 2641605, "typical_volume": 4034249.95, "trend": 112.006344, "fair_value": 99.709086, "relative_strength": -23.368789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.198405, "energy": 45.530541, "activity_lines": [ 97.555853, 98.211705, 100.06172, 104.89158 ] }, { "date": "2023-08-04", "close": 92.986, "volume": 2635416, "typical_volume": 3955482.95, "trend": 110.880192, "fair_value": 99.664563, "relative_strength": -23.786666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.671741, "energy": 59.495986, "activity_lines": [ 95.434295, 97.213113, 99.080729, 103.664462 ] }, { "date": "2023-08-11", "close": 91.691193, "volume": 2107083, "typical_volume": 3917769.2, "trend": 109.41295, "fair_value": 99.612106, "relative_strength": -22.133506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.654806, "energy": 73.479759, "activity_lines": [ 93.629243, 96.118856, 98.094921, 102.426462 ] }, { "date": "2023-08-18", "close": 98.539261, "volume": 5779750, "typical_volume": 4051800.5, "trend": 108.50084, "fair_value": 99.605094, "relative_strength": -14.529574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.456424, "energy": 53.531468, "activity_lines": [ 94.851152, 96.423284, 97.885658, 101.724933 ] }, { "date": "2023-08-25", "close": 91.115738, "volume": 4454232, "typical_volume": 4056983.2, "trend": 107.345096, "fair_value": 99.549969, "relative_strength": -18.903935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.179704, "energy": 48.833021, "activity_lines": [ 93.631804, 95.294323, 97.036148, 100.603314 ] }, { "date": "2023-09-01", "close": 93.590248, "volume": 3814986, "typical_volume": 4085828.3, "trend": 106.026051, "fair_value": 99.511519, "relative_strength": -18.170994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.90968, "energy": 40.694866, "activity_lines": [ 93.626691, 94.679097, 96.513418, 99.715904 ] }, { "date": "2023-09-08", "close": 98.385811, "volume": 3909559, "typical_volume": 4084318.35, "trend": 104.828068, "fair_value": 99.504303, "relative_strength": -13.298996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.115473, "energy": 25.92951, "activity_lines": [ 95.227132, 95.027867, 96.530689, 99.222986 ] }, { "date": "2023-09-15", "close": 94.501396, "volume": 2633530, "typical_volume": 3799106.15, "trend": 103.74766, "fair_value": 99.757992, "relative_strength": -16.415689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.531941, "energy": 28.049327, "activity_lines": [ 95.17278, 94.776229, 96.223017, 98.556749 ] }, { "date": "2023-09-22", "close": 92.669495, "volume": 2289124, "typical_volume": 3754810.5, "trend": 102.480594, "fair_value": 99.823016, "relative_strength": -18.202608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.719141, "energy": 31.004241, "activity_lines": [ 94.320448, 94.343408, 95.779122, 97.842028 ] }, { "date": "2023-09-29", "close": 92.247482, "volume": 1684007, "typical_volume": 3611211.9, "trend": 101.141592, "fair_value": 99.905195, "relative_strength": -17.412461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.405701, "energy": 32.460856, "activity_lines": [ 93.718763, 93.949648, 95.336506, 97.181828 ] }, { "date": "2023-10-13", "close": 86.109154, "volume": 3998840, "typical_volume": 3578878.85, "trend": 99.918801, "fair_value": 99.969884, "relative_strength": -21.653277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.814519, "energy": 58.566319, "activity_lines": [ 90.995519, 92.525452, 94.328102, 96.211993 ] }, { "date": "2023-10-20", "close": 79.491272, "volume": 3880097, "typical_volume": 3611557.0, "trend": 98.639481, "fair_value": 100.061054, "relative_strength": -24.508899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.701143, "energy": 81.716714, "activity_lines": [ 86.565054, 90.035941, 92.771945, 94.894088 ] }, { "date": "2023-10-27", "close": 80.920372, "volume": 3818507, "typical_volume": 3596442.0, "trend": 97.410022, "fair_value": 100.125056, "relative_strength": -23.287929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.527348, "energy": 83.56422, "activity_lines": [ 83.870591, 88.051626, 91.452756, 93.750919 ] }, { "date": "2023-11-03", "close": 79.33783, "volume": 4483741, "typical_volume": 3529493.25, "trend": 96.302691, "fair_value": 100.156087, "relative_strength": -24.219246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.57704, "energy": 85.508857, "activity_lines": [ 81.554016, 85.975409, 90.074363, 92.584972 ] }, { "date": "2023-11-10", "close": 79.414551, "volume": 3279535, "typical_volume": 3445719.3, "trend": 95.274863, "fair_value": 100.136023, "relative_strength": -23.261448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.056163, "energy": 83.954039, "activity_lines": [ 80.151793, 84.262259, 88.772801, 91.495414 ] }, { "date": "2023-11-17", "close": 82.771454, "volume": 4102384, "typical_volume": 3433629.5, "trend": 94.33127, "fair_value": 100.191789, "relative_strength": -19.455781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.986697, "energy": 65.511479, "activity_lines": [ 80.724065, 83.372203, 87.863379, 90.688743 ] }, { "date": "2023-11-24", "close": 90.712898, "volume": 14781999, "typical_volume": 3929073.65, "trend": 93.760497, "fair_value": 100.325708, "relative_strength": -10.567071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.619368, "energy": 37.293224, "activity_lines": [ 84.165999, 84.122751, 87.785919, 90.455299 ] }, { "date": "2023-12-01", "close": 88.928955, "volume": 4934121, "typical_volume": 3989373.3, "trend": 93.307046, "fair_value": 100.430573, "relative_strength": -11.319641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.361622, "energy": 23.744408, "activity_lines": [ 86.265177, 84.688454, 87.60282, 90.143587 ] }, { "date": "2023-12-08", "close": 87.950653, "volume": 4822009, "typical_volume": 4107244.1, "trend": 92.859457, "fair_value": 100.5572, "relative_strength": -9.818701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.609354, "energy": 24.4652, "activity_lines": [ 87.504349, 85.177601, 87.392865, 89.798013 ] }, { "date": "2023-12-15", "close": 84.59375, "volume": 4348396, "typical_volume": 4219946.05, "trend": 92.472624, "fair_value": 100.634759, "relative_strength": -11.880626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.860339, "energy": 24.655073, "activity_lines": [ 87.050365, 85.142198, 86.916002, 89.264742 ] }, { "date": "2023-12-22", "close": 84.497849, "volume": 4764797, "typical_volume": 4326105.65, "trend": 91.841263, "fair_value": 100.72351, "relative_strength": -10.67113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.367015, "energy": 17.937122, "activity_lines": [ 86.219134, 85.228518, 86.488877, 88.75024 ] }, { "date": "2023-12-29", "close": 87.4711, "volume": 7651304, "typical_volume": 4576900.05, "trend": 91.401219, "fair_value": 100.84234, "relative_strength": -8.951892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.060091, "energy": 17.166512, "activity_lines": [ 86.263894, 85.884726, 86.388718, 88.468294 ] }, { "date": "2024-01-05", "close": 80.661392, "volume": 6379044, "typical_volume": 4790498.1, "trend": 90.75199, "fair_value": 100.931929, "relative_strength": -14.161889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.246479, "energy": 32.85947, "activity_lines": [ 84.254871, 85.157717, 85.666277, 87.775402 ] }, { "date": "2024-01-12", "close": 76.057655, "volume": 5025110, "typical_volume": 4752766.1, "trend": 90.155977, "fair_value": 100.998667, "relative_strength": -17.006812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.202068, "energy": 49.27105, "activity_lines": [ 81.262439, 83.598374, 84.557908, 86.82738 ] }, { "date": "2024-01-19", "close": 67.061172, "volume": 7421618, "typical_volume": 4901135.4, "trend": 89.237147, "fair_value": 100.932352, "relative_strength": -24.660261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.438134, "energy": 78.028803, "activity_lines": [ 76.064047, 80.462946, 82.699786, 85.337393 ] }, { "date": "2024-01-26", "close": 64.893585, "volume": 6639635, "typical_volume": 5042367.85, "trend": 88.111788, "fair_value": 100.86177, "relative_strength": -28.297585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.211982, "energy": 86.681665, "activity_lines": [ 71.311964, 77.158018, 80.749773, 83.766841 ] }, { "date": "2024-02-02", "close": 55.676506, "volume": 5294899, "typical_volume": 5111634.85, "trend": 86.494084, "fair_value": 100.78575, "relative_strength": -33.680492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.741406, "energy": 94.462431, "activity_lines": [ 64.794473, 72.50231, 78.058593, 81.674242 ] }, { "date": "2024-02-09", "close": 63.301456, "volume": 7156412, "typical_volume": 5337778.95, "trend": 85.175623, "fair_value": 100.760546, "relative_strength": -27.318835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.123146, "energy": 84.543947, "activity_lines": [ 62.938271, 69.869982, 76.296977, 80.177943 ] }, { "date": "2024-02-23", "close": 66.274704, "volume": 5715045, "typical_volume": 5509075.0, "trend": 84.083513, "fair_value": 100.749072, "relative_strength": -26.534682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.045969, "energy": 77.738762, "activity_lines": [ 63.23048, 68.244198, 74.967098, 78.958529 ] }, { "date": "2024-03-01", "close": 69.06572, "volume": 7110481, "typical_volume": 5780398.7, "trend": 83.153813, "fair_value": 100.750585, "relative_strength": -23.186535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.420864, "energy": 56.106496, "activity_lines": [ 65.105225, 67.519981, 74.02872, 77.989639 ] }, { "date": "2024-03-08", "close": 68.643707, "volume": 6693613, "typical_volume": 5915137.35, "trend": 82.318745, "fair_value": 100.756538, "relative_strength": -23.264511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.387915, "energy": 42.682367, "activity_lines": [ 66.705663, 67.001361, 73.16054, 77.053503 ] }, { "date": "2024-03-15", "close": 69.842606, "volume": 7609964, "typical_volume": 6101630.7, "trend": 81.547299, "fair_value": 100.769691, "relative_strength": -21.272267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.82108, "energy": 29.846391, "activity_lines": [ 68.455725, 66.988981, 72.489709, 76.248591 ] }, { "date": "2024-03-22", "close": 70.034424, "volume": 6547274, "typical_volume": 6238069.05, "trend": 80.825407, "fair_value": 100.745808, "relative_strength": -20.08931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.771772, "energy": 24.065003, "activity_lines": [ 69.325321, 67.331994, 71.883093, 75.505825 ] }, { "date": "2024-03-29", "close": 67.511963, "volume": 4405860, "typical_volume": 6234175.0, "trend": 79.791163, "fair_value": 100.746867, "relative_strength": -22.060508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.779956, "energy": 24.545249, "activity_lines": [ 68.905231, 67.409596, 71.08808, 74.646893 ] }, { "date": "2024-04-05", "close": 66.044518, "volume": 2382472, "typical_volume": 6189321.85, "trend": 78.955456, "fair_value": 100.765161, "relative_strength": -23.703545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.504868, "energy": 28.494839, "activity_lines": [ 67.913509, 67.375766, 70.209624, 73.760013 ] }, { "date": "2024-04-12", "close": 63.992012, "volume": 3643202, "typical_volume": 6166362.75, "trend": 77.968848, "fair_value": 100.780651, "relative_strength": -24.172471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.227403, "energy": 40.421872, "activity_lines": [ 66.439032, 66.987237, 69.199358, 72.794629 ] }, { "date": "2024-04-19", "close": 63.685093, "volume": 4677641, "typical_volume": 5661144.85, "trend": 76.812157, "fair_value": 100.786363, "relative_strength": -25.026034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.952944, "energy": 44.511471, "activity_lines": [ 65.172361, 66.559297, 68.249288, 71.873097 ] }, { "date": "2024-04-26", "close": 67.281769, "volume": 7854200, "typical_volume": 5807148.8, "trend": 75.904837, "fair_value": 100.821671, "relative_strength": -20.759312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.779011, "energy": 40.051512, "activity_lines": [ 65.515083, 66.639688, 67.770462, 71.258233 ] }, { "date": "2024-05-03", "close": 61.92992, "volume": 4899777, "typical_volume": 5811037.2, "trend": 74.880184, "fair_value": 100.833146, "relative_strength": -26.791364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.970219, "energy": 49.761433, "activity_lines": [ 64.257366, 65.674646, 66.885018, 70.356625 ] }, { "date": "2024-05-10", "close": 67.19545, "volume": 12539832, "typical_volume": 6220609.0, "trend": 74.045116, "fair_value": 100.868384, "relative_strength": -21.288239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.870003, "energy": 35.984128, "activity_lines": [ 65.126962, 65.745969, 66.624961, 69.860836 ] }, { "date": "2024-05-17", "close": 68.202522, "volume": 9440164, "typical_volume": 6454377.35, "trend": 73.448229, "fair_value": 100.912984, "relative_strength": -19.593761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.547254, "energy": 24.818335, "activity_lines": [ 66.25552, 66.034401, 66.543665, 69.483895 ] }, { "date": "2024-05-24", "close": 63.243908, "volume": 7465503, "typical_volume": 6445087.3, "trend": 72.90665, "fair_value": 100.913931, "relative_strength": -23.378033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.446554, "energy": 30.696251, "activity_lines": [ 65.450506, 65.429288, 66.067717, 68.825551 ] }, { "date": "2024-05-31", "close": 65.008675, "volume": 8094553, "typical_volume": 6530862.75, "trend": 72.37626, "fair_value": 100.901062, "relative_strength": -20.590706, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.610464, "energy": 25.474667, "activity_lines": [ 65.26316, 65.265019, 65.875209, 68.316004 ] }, { "date": "2024-06-07", "close": 60.39452, "volume": 5889884, "typical_volume": 6574101.45, "trend": 71.744816, "fair_value": 100.842571, "relative_strength": -24.737822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.882253, "energy": 38.646024, "activity_lines": [ 63.689301, 64.353189, 65.317795, 67.542989 ] }, { "date": "2024-06-14", "close": 60.883312, "volume": 3075801, "typical_volume": 6356810.6, "trend": 71.127108, "fair_value": 100.782611, "relative_strength": -23.047408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.353072, "energy": 51.444037, "activity_lines": [ 62.380734, 63.659639, 64.881519, 66.842247 ] }, { "date": "2024-06-21", "close": 57.31517, "volume": 3158677, "typical_volume": 6182762.7, "trend": 70.278565, "fair_value": 100.689122, "relative_strength": -26.182227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.267717, "energy": 65.781131, "activity_lines": [ 60.303594, 62.411175, 64.134838, 65.951154 ] }, { "date": "2024-06-28", "close": 54.920109, "volume": 3408208, "typical_volume": 6088428.15, "trend": 69.085472, "fair_value": 100.555576, "relative_strength": -27.978044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.901957, "energy": 77.303207, "activity_lines": [ 58.153925, 60.848644, 63.196144, 64.960286 ] }, { "date": "2024-07-05", "close": 49.406593, "volume": 3179173, "typical_volume": 5889566.2, "trend": 67.76806, "fair_value": 100.384083, "relative_strength": -34.129619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.924141, "energy": 85.987831, "activity_lines": [ 54.721337, 58.443018, 61.735955, 63.690681 ] }, { "date": "2024-07-12", "close": 47.510094, "volume": 4986840, "typical_volume": 5853155.95, "trend": 66.420042, "fair_value": 100.214113, "relative_strength": -36.316122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.988629, "energy": 89.89858, "activity_lines": [ 51.696721, 56.017577, 60.161313, 62.383715 ] }, { "date": "2024-07-19", "close": 48.761391, "volume": 3896001, "typical_volume": 5692431.95, "trend": 65.22563, "fair_value": 100.061733, "relative_strength": -34.081194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.030446, "energy": 87.697627, "activity_lines": [ 49.948167, 54.081823, 58.795198, 61.244447 ] }, { "date": "2024-07-26", "close": 49.680309, "volume": 4101302, "typical_volume": 5562816.4, "trend": 64.065045, "fair_value": 99.922739, "relative_strength": -29.98767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.406305, "energy": 85.386534, "activity_lines": [ 49.314046, 52.648311, 57.613285, 60.241523 ] }, { "date": "2024-08-02", "close": 50.550354, "volume": 4900900, "typical_volume": 5427363.2, "trend": 62.834354, "fair_value": 99.80206, "relative_strength": -28.374443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.445544, "energy": 77.954303, "activity_lines": [ 49.478931, 51.709755, 56.604536, 59.369608 ] }, { "date": "2024-08-09", "close": 49.279507, "volume": 4074400, "typical_volume": 5303719.5, "trend": 61.788291, "fair_value": 99.685241, "relative_strength": -28.478042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.993999, "energy": 67.117581, "activity_lines": [ 49.511517, 50.770929, 55.566622, 58.495102 ] }, { "date": "2024-08-16", "close": 46.728035, "volume": 2924428, "typical_volume": 5229647.9, "trend": 60.810637, "fair_value": 99.551944, "relative_strength": -31.931763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.338685, "energy": 64.977842, "activity_lines": [ 48.702085, 49.654183, 54.384544, 57.523472 ] }, { "date": "2024-08-23", "close": 43.785542, "volume": 2803954, "typical_volume": 5250722.0, "trend": 60.034782, "fair_value": 99.370715, "relative_strength": -34.954444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.476455, "energy": 79.218795, "activity_lines": [ 46.963959, 48.25092, 53.021199, 56.425079 ] }, { "date": "2024-08-30", "close": 45.310555, "volume": 3602520, "typical_volume": 5248687.9, "trend": 59.382015, "fair_value": 99.167264, "relative_strength": -31.53462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.365025, "energy": 80.480132, "activity_lines": [ 46.065894, 47.435801, 51.909089, 55.475129 ] }, { "date": "2024-09-06", "close": 45.594051, "volume": 4608066, "typical_volume": 5245209.15, "trend": 59.045933, "fair_value": 98.900175, "relative_strength": -28.419588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.776257, "energy": 80.422518, "activity_lines": [ 45.553645, 46.890493, 50.912937, 54.585583 ] }, { "date": "2024-09-13", "close": 44.205902, "volume": 2966900, "typical_volume": 5000844.15, "trend": 58.409415, "fair_value": 98.617972, "relative_strength": -28.204254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.797181, "energy": 80.119556, "activity_lines": [ 44.9091, 46.262358, 49.870729, 53.628161 ] }, { "date": "2024-09-20", "close": 44.127686, "volume": 1938512, "typical_volume": 4852780.9, "trend": 57.671181, "fair_value": 98.291386, "relative_strength": -28.252419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.476054, "energy": 65.218699, "activity_lines": [ 44.576723, 45.71456, 48.930956, 52.70676 ] }, { "date": "2024-09-27", "close": 50.217976, "volume": 5631324, "typical_volume": 4507355.5, "trend": 57.042922, "fair_value": 98.024014, "relative_strength": -26.744329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.533188, "energy": 46.406442, "activity_lines": [ 46.447799, 46.335586, 48.655984, 52.225908 ] }, { "date": "2024-10-04", "close": 55.242706, "volume": 2103746, "typical_volume": 4140534.6, "trend": 56.596222, "fair_value": 97.792873, "relative_strength": -24.576737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.74965, "energy": 18.463021, "activity_lines": [ 49.564956, 47.843716, 48.940403, 52.109765 ] }, { "date": "2024-10-11", "close": 53.571056, "volume": 11065468, "typical_volume": 4320532.85, "trend": 56.053837, "fair_value": 97.557295, "relative_strength": -23.285378, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.83898, "energy": 23.165736, "activity_lines": [ 51.462754, 48.946775, 49.12733, 51.914593 ] }, { "date": "2024-10-18", "close": 58.742428, "volume": 8439813, "typical_volume": 4337795.85, "trend": 55.677438, "fair_value": 97.395822, "relative_strength": -16.277682, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.78576, "energy": 36.783397, "activity_lines": [ 54.552541, 50.935161, 49.85283, 52.08805 ] }, { "date": "2024-10-25", "close": 58.08173, "volume": 11220801, "typical_volume": 4604341.7, "trend": 55.363096, "fair_value": 97.228528, "relative_strength": -17.509059, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.96482, "energy": 45.918994, "activity_lines": [ 56.452995, 52.631368, 50.545246, 52.243166 ] }, { "date": "2024-11-01", "close": 54.896603, "volume": 7178362, "typical_volume": 4809469.75, "trend": 54.991499, "fair_value": 97.060138, "relative_strength": -20.65532, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.395453, "energy": 41.155191, "activity_lines": [ 56.361469, 53.54203, 50.945329, 52.213069 ] }, { "date": "2024-11-08", "close": 62.036022, "volume": 11796374, "typical_volume": 5241354.6, "trend": 54.9263, "fair_value": 96.950859, "relative_strength": -14.379599, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.166164, "energy": 64.786074, "activity_lines": [ 58.337842, 55.548748, 52.053866, 52.667555 ] }, { "date": "2024-11-15", "close": 57.549232, "volume": 13416566, "typical_volume": 5741772.5, "trend": 54.721771, "fair_value": 96.807091, "relative_strength": -16.999678, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.890741, "energy": 36.305574, "activity_lines": [ 58.36573, 56.435588, 52.712609, 52.836776 ] }, { "date": "2024-11-22", "close": 55.054386, "volume": 5668087, "typical_volume": 5866218.2, "trend": 54.314191, "fair_value": 96.641052, "relative_strength": -18.280106, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.500193, "energy": 29.860527, "activity_lines": [ 57.296791, 56.651452, 53.121227, 52.858235 ] }, { "date": "2024-11-29", "close": 56.405354, "volume": 4272465, "typical_volume": 5830499.45, "trend": 54.130039, "fair_value": 96.42736, "relative_strength": -16.76713, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.241409, "energy": 27.417689, "activity_lines": [ 56.924044, 56.915701, 53.631616, 52.993149 ] }, { "date": "2024-12-06", "close": 57.953541, "volume": 6254664, "typical_volume": 5948432.6, "trend": 53.821976, "fair_value": 96.182332, "relative_strength": -15.450173, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.684209, "energy": 18.716192, "activity_lines": [ 57.179118, 57.238209, 54.247092, 53.239826 ] }, { "date": "2024-12-13", "close": 55.577023, "volume": 5785559, "typical_volume": 6032645.45, "trend": 53.401126, "fair_value": 95.783114, "relative_strength": -17.584221, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.982232, "energy": 12.189369, "activity_lines": [ 56.438223, 56.987975, 54.592461, 53.353055 ] }, { "date": "2024-12-20", "close": 56.701183, "volume": 6852865, "typical_volume": 6130243.7, "trend": 53.183035, "fair_value": 95.348196, "relative_strength": -14.335646, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.577332, "energy": 22.174613, "activity_lines": [ 56.502648, 56.936056, 55.016813, 53.565962 ] }, { "date": "2024-12-27", "close": 55.261467, "volume": 6575858, "typical_volume": 6255316.6, "trend": 52.858128, "fair_value": 94.868823, "relative_strength": -16.254539, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.728486, "energy": 19.656167, "activity_lines": [ 56.143705, 56.565459, 55.27476, 53.700055 ] }, { "date": "2025-01-03", "close": 51.188843, "volume": 3970400, "typical_volume": 6307615.2, "trend": 52.551272, "fair_value": 94.33025, "relative_strength": -16.757412, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.428434, "energy": 13.935578, "activity_lines": [ 54.413415, 55.517676, 55.116352, 53.592359 ] }, { "date": "2025-01-10", "close": 49.206768, "volume": 7180600, "typical_volume": 6526447.5, "trend": 52.162054, "fair_value": 93.788479, "relative_strength": -17.907108, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.760693, "energy": 17.491235, "activity_lines": [ 52.3702, 54.23484, 54.747933, 53.376584 ] }, { "date": "2025-01-17", "close": 49.956203, "volume": 4568832, "typical_volume": 6574763.1, "trend": 51.916755, "fair_value": 93.267053, "relative_strength": -17.621615, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.069526, "energy": 36.416889, "activity_lines": [ 51.159916, 53.191716, 54.425074, 53.234271 ] }, { "date": "2025-01-24", "close": 50.784534, "volume": 4441498, "typical_volume": 6566434.7, "trend": 51.778902, "fair_value": 92.77885, "relative_strength": -15.836146, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.678208, "energy": 44.029752, "activity_lines": [ 50.600463, 52.518832, 54.158981, 53.161225 ] }, { "date": "2025-01-31", "close": 50.104126, "volume": 805700, "typical_volume": 6458374.7, "trend": 51.802154, "fair_value": 92.263736, "relative_strength": -16.314789, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.548318, "energy": 50.227423, "activity_lines": [ 50.20865, 51.845231, 53.803371, 53.053175 ] }, { "date": "2025-02-07", "close": 51.10009, "volume": 3715713, "typical_volume": 6547234.75, "trend": 51.92182, "fair_value": 91.872387, "relative_strength": -15.588138, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.62667, "energy": 42.450934, "activity_lines": [ 50.492649, 51.442719, 53.514528, 53.00788 ] }, { "date": "2025-02-14", "close": 52.165089, "volume": 9234842, "typical_volume": 6727410.65, "trend": 52.035277, "fair_value": 91.513766, "relative_strength": -14.353175, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.077407, "energy": 19.87254, "activity_lines": [ 51.137564, 51.330303, 53.293911, 53.023575 ] }, { "date": "2025-02-21", "close": 51.66217, "volume": 7458900, "typical_volume": 6995168.35, "trend": 52.101339, "fair_value": 91.160577, "relative_strength": -15.386864, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.456989, "energy": 11.212769, "activity_lines": [ 51.417617, 51.231692, 53.016126, 52.999504 ] }, { "date": "2025-02-28", "close": 49.640652, "volume": 6706462, "typical_volume": 6777218.05, "trend": 52.071015, "fair_value": 90.729034, "relative_strength": -16.573849, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.896402, "energy": 18.995737, "activity_lines": [ 50.910101, 50.836711, 52.562865, 52.84075 ] }, { "date": "2025-03-07", "close": 52.865227, "volume": 9113804, "typical_volume": 6810917.6, "trend": 52.190539, "fair_value": 90.402327, "relative_strength": -11.866305, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.23441, "energy": 9.651279, "activity_lines": [ 51.553701, 51.156389, 52.435422, 52.891989 ] }, { "date": "2025-03-14", "close": 57.983116, "volume": 15570243, "typical_volume": 7028389.7, "trend": 52.565709, "fair_value": 89.989218, "relative_strength": -4.0502, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.581421, "energy": 20.940338, "activity_lines": [ 53.719192, 52.450161, 52.823385, 53.265704 ] }, { "date": "2025-03-21", "close": 60.931587, "volume": 20304893, "typical_volume": 7684716.25, "trend": 53.137244, "fair_value": 89.589158, "relative_strength": 3.014707, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.183993, "energy": 56.849485, "activity_lines": [ 56.408637, 54.156487, 53.492623, 53.805438 ] }, { "date": "2025-03-28", "close": 57.568954, "volume": 15098899, "typical_volume": 7849842.5, "trend": 53.545857, "fair_value": 89.149199, "relative_strength": -1.737813, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.934935, "energy": 57.986418, "activity_lines": [ 57.392771, 55.038246, 53.812873, 54.091355 ] }, { "date": "2025-04-04", "close": 55.478409, "volume": 6068622, "typical_volume": 7482445.3, "trend": 53.875335, "fair_value": 88.694985, "relative_strength": -4.526145, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.279003, "energy": 60.751345, "activity_lines": [ 57.286272, 55.401492, 53.955295, 54.216036 ] }, { "date": "2025-04-11", "close": 54.265495, "volume": 13120349, "typical_volume": 7855058.4, "trend": 54.210655, "fair_value": 88.186556, "relative_strength": -3.145427, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 28.456057, "energy": 42.612038, "activity_lines": [ 56.386284, 55.458865, 53.992063, 54.241207 ] }, { "date": "2025-04-18", "close": 53.042725, "volume": 7050093, "typical_volume": 7993939.8, "trend": 54.507823, "fair_value": 87.735013, "relative_strength": -5.960675, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -6.649328, "energy": 6.568315, "activity_lines": [ 54.985355, 55.218255, 53.916133, 54.165857 ] }, { "date": "2025-04-25", "close": 54.255634, "volume": 5975216, "typical_volume": 7979967.4, "trend": 54.642412, "fair_value": 87.34122, "relative_strength": -3.773722, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.031168, "energy": 10.982297, "activity_lines": [ 54.318088, 55.162854, 53.97173, 54.149587 ] }, { "date": "2025-05-02", "close": 54.610634, "volume": 3883620, "typical_volume": 7884870.45, "trend": 54.621343, "fair_value": 87.023812, "relative_strength": -2.309228, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.44217, "energy": 12.372901, "activity_lines": [ 54.214219, 55.133988, 54.078746, 54.147536 ] }, { "date": "2025-05-09", "close": 57.598541, "volume": 11133157, "typical_volume": 8098885.05, "trend": 54.755592, "fair_value": 86.820146, "relative_strength": 1.560235, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.177186, "energy": 9.228628, "activity_lines": [ 55.303539, 55.594769, 54.474927, 54.339614 ] }, { "date": "2025-05-16", "close": 54.107716, "volume": 11587782, "typical_volume": 8349481.25, "trend": 54.601102, "fair_value": 86.576062, "relative_strength": -4.716399, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.823488, "energy": 4.628524, "activity_lines": [ 55.087909, 55.276166, 54.534375, 54.297815 ] }, { "date": "2025-05-23", "close": 53.663967, "volume": 8169245, "typical_volume": 8559423.5, "trend": 54.453843, "fair_value": 86.29845, "relative_strength": -4.474521, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.648235, "energy": 4.173656, "activity_lines": [ 54.734882, 54.854291, 54.557055, 54.237355 ] }, { "date": "2025-05-30", "close": 58.426872, "volume": 18547693, "typical_volume": 9127778.15, "trend": 54.571519, "fair_value": 86.016333, "relative_strength": 4.463062, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.44966, "energy": 20.533826, "activity_lines": [ 55.928073, 55.376929, 55.021559, 54.493679 ] }, { "date": "2025-06-06", "close": 63.268661, "volume": 16771273, "typical_volume": 9737900.2, "trend": 54.612607, "fair_value": 85.749845, "relative_strength": 11.996747, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.515038, "energy": 57.364838, "activity_lines": [ 58.457111, 56.825431, 55.90328, 55.054785 ] }, { "date": "2025-06-13", "close": 65.198219, "volume": 26118752, "typical_volume": 10821762.9, "trend": 54.867573, "fair_value": 85.507526, "relative_strength": 15.800871, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.686434, "energy": 74.124474, "activity_lines": [ 61.052134, 58.521132, 56.905376, 55.737728 ] }, { "date": "2025-06-20", "close": 62.970482, "volume": 22483569, "typical_volume": 11905656.35, "trend": 55.131443, "fair_value": 85.243773, "relative_strength": 12.462029, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.20711, "energy": 74.607401, "activity_lines": [ 62.397932, 59.635066, 57.62667, 56.260496 ] }, { "date": "2025-06-27", "close": 71.09922, "volume": 18630453, "typical_volume": 12651393.35, "trend": 55.621238, "fair_value": 84.992566, "relative_strength": 24.270445, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.194298, "energy": 88.387315, "activity_lines": [ 65.862459, 62.06868, 59.060861, 57.290676 ] }, { "date": "2025-07-04", "close": 79.802216, "volume": 28357247, "typical_volume": 13607513.6, "trend": 56.349527, "fair_value": 84.761927, "relative_strength": 36.570184, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.413088, "energy": 95.92627, "activity_lines": [ 71.065634, 65.756356, 61.228675, 58.850739 ] }, { "date": "2025-07-11", "close": 76.633888, "volume": 13746939, "typical_volume": 13921915.55, "trend": 57.051423, "fair_value": 84.503519, "relative_strength": 28.873189, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.127038, "energy": 92.054992, "activity_lines": [ 73.787676, 68.40349, 62.963139, 60.159407 ] }, { "date": "2025-07-18", "close": 77.000229, "volume": 13364486, "typical_volume": 14254816.75, "trend": 57.728058, "fair_value": 84.125044, "relative_strength": 27.810197, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.604523, "energy": 89.870787, "activity_lines": [ 75.740818, 70.716808, 64.613578, 61.446427 ] }, { "date": "2025-07-25", "close": 74.851707, "volume": 9222996, "typical_volume": 14260276.35, "trend": 58.381066, "fair_value": 83.765388, "relative_strength": 21.69787, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.571534, "energy": 83.747245, "activity_lines": [ 76.190984, 72.286728, 65.929113, 62.551178 ] }, { "date": "2025-08-01", "close": 72.673485, "volume": 10650730, "typical_volume": 14014300.7, "trend": 59.097221, "fair_value": 83.381312, "relative_strength": 18.872316, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.390034, "energy": 59.857633, "activity_lines": [ 75.122995, 73.083444, 66.932501, 63.47327 ] }, { "date": "2025-08-08", "close": 73.168533, "volume": 10790666, "typical_volume": 13538589.35, "trend": 59.895946, "fair_value": 82.999371, "relative_strength": 16.82619, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.628557, "energy": 51.371491, "activity_lines": [ 74.115071, 73.624542, 67.913082, 64.381097 ] }, { "date": "2025-08-15", "close": 70.871506, "volume": 15194503, "typical_volume": 13543369.55, "trend": 60.593123, "fair_value": 82.624045, "relative_strength": 10.907373, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.957809, "energy": 36.753651, "activity_lines": [ 72.783717, 73.479967, 68.616628, 65.089197 ] }, { "date": "2025-08-22", "close": 73.475464, "volume": 13875043, "typical_volume": 13933690.6, "trend": 61.349487, "fair_value": 82.29629, "relative_strength": 10.629848, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.273858, "energy": 31.102974, "activity_lines": [ 72.704508, 73.670607, 69.504823, 65.920316 ] }, { "date": "2025-08-29", "close": 74.44577, "volume": 18977772, "typical_volume": 14226561.75, "trend": 62.160875, "fair_value": 82.003065, "relative_strength": 10.744614, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.44819, "energy": 32.186797, "activity_lines": [ 73.183718, 73.88717, 70.399729, 66.765237 ] }, { "date": "2025-09-05", "close": 69.73288, "volume": 19165204, "typical_volume": 14832317.3, "trend": 62.781968, "fair_value": 81.669846, "relative_strength": 4.760645, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.64634, "energy": 25.009338, "activity_lines": [ 72.119028, 73.038202, 70.749692, 67.253754 ] }, { "date": "2025-09-12", "close": 71.722992, "volume": 18621700, "typical_volume": 15464641.5, "trend": 63.433898, "fair_value": 81.325843, "relative_strength": 5.878947, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.238689, "energy": 23.593385, "activity_lines": [ 71.913748, 72.575916, 71.209712, 67.830594 ] }, { "date": "2025-09-19", "close": 70.534859, "volume": 11101897, "typical_volume": 15825555.35, "trend": 64.062988, "fair_value": 81.021918, "relative_strength": 5.231104, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.269113, "energy": 19.022235, "activity_lines": [ 71.408794, 72.0445, 71.473398, 68.288721 ] }, { "date": "2025-09-26", "close": 71.584373, "volume": 14167486, "typical_volume": 15977271.8, "trend": 64.794445, "fair_value": 80.707294, "relative_strength": 6.289571, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.749964, "energy": 16.391523, "activity_lines": [ 71.27612, 71.814796, 71.761209, 68.773971 ] }, { "date": "2025-10-03", "close": 72.37645, "volume": 5132871, "typical_volume": 15654526.25, "trend": 65.444819, "fair_value": 80.447642, "relative_strength": 5.71177, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.561116, "energy": 16.094539, "activity_lines": [ 71.533546, 71.827577, 72.057857, 69.263133 ] }, { "date": "2025-10-10", "close": 74.544777, "volume": 8963473, "typical_volume": 15694237.65, "trend": 65.996875, "fair_value": 80.062844, "relative_strength": 8.188025, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.744299, "energy": 25.448658, "activity_lines": [ 72.651701, 72.279603, 72.474017, 69.850227 ] }, { "date": "2025-10-17", "close": 67.128922, "volume": 15197206, "typical_volume": 15526713.3, "trend": 66.203453, "fair_value": 79.612654, "relative_strength": -1.064737, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.162111, "energy": 8.082877, "activity_lines": [ 70.977112, 71.349269, 72.084474, 69.923262 ] }, { "date": "2025-10-24", "close": 72.541931, "volume": 12304847, "typical_volume": 15303392.0, "trend": 66.702552, "fair_value": 79.266869, "relative_strength": 3.834794, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.087981, "energy": 13.684499, "activity_lines": [ 71.41313, 71.512929, 72.169017, 70.332196 ] }, { "date": "2025-10-31", "close": 69.670166, "volume": 16898658, "typical_volume": 14842387.3, "trend": 67.17561, "fair_value": 78.832968, "relative_strength": -0.479498, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.71021, "energy": 7.716859, "activity_lines": [ 70.758088, 71.124079, 71.9359, 70.523655 ] }, { "date": "2025-11-07", "close": 73.608871, "volume": 27501210, "typical_volume": 15093269.35, "trend": 67.82039, "fair_value": 78.37815, "relative_strength": 3.971745, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.018961, "energy": 15.285394, "activity_lines": [ 71.543562, 71.520545, 72.056602, 70.938704 ] }, { "date": "2025-11-14", "close": 71.455048, "volume": 17296869, "typical_volume": 15026590.15, "trend": 68.434134, "fair_value": 77.871493, "relative_strength": 1.039252, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.365232, "energy": 10.416007, "activity_lines": [ 71.528934, 71.540622, 71.92152, 71.173198 ] }, { "date": "2025-11-21", "close": 66.070496, "volume": 11958584, "typical_volume": 14206657.0, "trend": 68.827962, "fair_value": 77.343894, "relative_strength": -2.823775, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.228556, "energy": 5.511967, "activity_lines": [ 69.925437, 70.550378, 71.271929, 71.020706 ] }, { "date": "2025-11-28", "close": 68.842545, "volume": 11648699, "typical_volume": 14101745.0, "trend": 69.30236, "fair_value": 76.895945, "relative_strength": -0.225906, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.413259, "energy": 7.945262, "activity_lines": [ 69.316517, 70.166915, 70.951732, 71.021646 ] }, { "date": "2025-12-05", "close": 72.093224, "volume": 19626137, "typical_volume": 14414827.55, "trend": 69.785516, "fair_value": 76.489806, "relative_strength": 3.941794, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.571346, "energy": 9.353733, "activity_lines": [ 70.037784, 70.405255, 70.978224, 71.201702 ] }, { "date": "2025-12-12", "close": 86.900749, "volume": 39908060, "typical_volume": 15949080.75, "trend": 70.878617, "fair_value": 76.214113, "relative_strength": 24.919125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.738725, "energy": 52.368825, "activity_lines": [ 75.533354, 73.326619, 72.438324, 72.305911 ] }, { "date": "2025-12-19", "close": 85.853745, "volume": 48000986, "typical_volume": 17816593.55, "trend": 71.951609, "fair_value": 75.953782, "relative_strength": 22.688823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.302885, "energy": 69.796815, "activity_lines": [ 79.793799, 75.793541, 73.741333, 73.272048 ] }, { "date": "2025-12-26", "close": 100.212563, "volume": 45909369, "typical_volume": 19572528.7, "trend": 73.344466, "fair_value": 75.816557, "relative_strength": 39.218284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.572421, "energy": 85.95881, "activity_lines": [ 87.880602, 80.66554, 76.349085, 75.095335 ] }, { "date": "2026-01-02", "close": 103.602837, "volume": 35410181, "typical_volume": 20583312.6, "trend": 74.688938, "fair_value": 75.71574, "relative_strength": 42.210304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.858464, "energy": 91.466459, "activity_lines": [ 94.82136, 85.552432, 79.15094, 77.047488 ] }, { "date": "2026-01-09", "close": 119.357643, "volume": 57878579, "typical_volume": 22783489.4, "trend": 76.494252, "fair_value": 75.726738, "relative_strength": 55.618012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.503616, "energy": 96.71503, "activity_lines": [ 104.696366, 92.73909, 83.297388, 79.92934 ] }, { "date": "2026-01-16", "close": 108.777992, "volume": 50346527, "typical_volume": 24351927.15, "trend": 78.021169, "fair_value": 75.611401, "relative_strength": 40.847903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.792541, "energy": 88.028114, "activity_lines": [ 107.893861, 97.098766, 86.217764, 82.012162 ] }, { "date": "2026-01-23", "close": 116.266518, "volume": 42618164, "typical_volume": 25524575.15, "trend": 79.526746, "fair_value": 75.486774, "relative_strength": 47.415991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.878111, "energy": 88.617152, "activity_lines": [ 112.129048, 102.180554, 89.687847, 84.479604 ] }, { "date": "2026-01-30", "close": 108.748077, "volume": 36487639, "typical_volume": 26417872.1, "trend": 80.491608, "fair_value": 75.376809, "relative_strength": 36.974384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.742254, "energy": 63.160522, "activity_lines": [ 111.83057, 105.080599, 92.220298, 86.364851 ] }, { "date": "2026-02-06", "close": 119.826302, "volume": 53524755, "typical_volume": 28539015.0, "trend": 81.931355, "fair_value": 75.338592, "relative_strength": 50.765802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.414236, "energy": 62.441231, "activity_lines": [ 114.6558, 109.21891, 95.631509, 88.902573 ] }, { "date": "2026-02-13", "close": 110.682533, "volume": 29053595, "typical_volume": 29283320.45, "trend": 83.054099, "fair_value": 75.194496, "relative_strength": 37.143362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.502335, "energy": 53.049569, "activity_lines": [ 113.351542, 110.767741, 97.937163, 90.757488 ] }, { "date": "2026-02-27", "close": 115.38903, "volume": 18642227, "typical_volume": 29958788.25, "trend": 84.405343, "fair_value": 75.07311, "relative_strength": 38.524858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.888752, "energy": 49.421429, "activity_lines": [ 114.194457, 112.470674, 100.504874, 92.843613 ] }, { "date": "2026-03-06", "close": 109.715309, "volume": 23362163, "typical_volume": 30678722.75, "trend": 85.64007, "fair_value": 74.962864, "relative_strength": 31.476395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.226346, "energy": 42.069774, "activity_lines": [ 112.705396, 112.624053, 102.327408, 94.476514 ] }, { "date": "2026-03-13", "close": 104.879181, "volume": 13142227, "typical_volume": 30575973.8, "trend": 86.697092, "fair_value": 74.797465, "relative_strength": 25.3795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.44297, "energy": 29.262862, "activity_lines": [ 110.04104, 111.46429, 103.52188, 95.717747 ] }, { "date": "2026-03-20", "close": 94.279587, "volume": 14939328, "typical_volume": 30707697.85, "trend": 87.477361, "fair_value": 74.552991, "relative_strength": 15.900309, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.898981, "energy": 18.251088, "activity_lines": [ 104.101412, 108.29248, 103.527104, 96.20694 ] }, { "date": "2026-03-27", "close": 94.828003, "volume": 15741596, "typical_volume": 30649844.75, "trend": 88.189112, "fair_value": 74.373728, "relative_strength": 17.193998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.546689, "energy": 19.586064, "activity_lines": [ 100.047704, 105.389895, 103.481045, 96.681175 ] }, { "date": "2026-04-03", "close": 93.083008, "volume": 14503971, "typical_volume": 29999982.8, "trend": 88.810354, "fair_value": 74.214832, "relative_strength": 15.303843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.799613, "energy": 16.437013, "activity_lines": [ 96.469299, 102.616032, 103.148997, 96.99691 ] }, { "date": "2026-04-10", "close": 96.114319, "volume": 9672614, "typical_volume": 29618770.05, "trend": 89.689735, "fair_value": 74.075795, "relative_strength": 15.089969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.619229, "energy": 18.387877, "activity_lines": [ 95.388399, 100.67868, 103.012911, 97.468134 ] }, { "date": "2026-04-17", "close": 100.97039, "volume": 14851183, "typical_volume": 29763400.0, "trend": 90.664648, "fair_value": 74.001517, "relative_strength": 18.074146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.181425, "energy": 14.525649, "activity_lines": [ 96.832923, 99.990654, 103.221883, 98.195918 ] }, { "date": "2026-04-24", "close": 100.072968, "volume": 17617336, "typical_volume": 30061831.85, "trend": 91.649252, "fair_value": 73.936283, "relative_strength": 15.33154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.767334, "energy": 10.661463, "activity_lines": [ 98.238892, 99.280873, 103.179197, 98.802906 ] }, { "date": "2026-05-01", "close": 106.769997, "volume": 11568311, "typical_volume": 29658940.55, "trend": 92.822106, "fair_value": 73.90866, "relative_strength": 21.044736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.597698, "energy": 18.126886, "activity_lines": [ 101.490978, 100.147884, 103.625606, 99.778438 ] }, { "date": "2026-05-08", "close": 116.510002, "volume": 20524221, "typical_volume": 28689748.6, "trend": 94.293224, "fair_value": 73.964262, "relative_strength": 28.65066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.685688, "energy": 35.807225, "activity_lines": [ 107.1936, 102.856943, 104.834508, 101.30669 ] }, { "date": "2026-05-15", "close": 110.230003, "volume": 24153707, "typical_volume": 27497384.65, "trend": 95.482732, "fair_value": 74.013605, "relative_strength": 22.007725, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.186429, "energy": 43.167854, "activity_lines": [ 109.241089, 104.403802, 105.304317, 102.334869 ] }, { "date": "2026-05-22", "close": 120.580002, "volume": 30839462, "typical_volume": 26743889.3, "trend": 97.264435, "fair_value": 74.136693, "relative_strength": 32.646353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.822907, "energy": 68.29944, "activity_lines": [ 113.797533, 107.823122, 106.643764, 103.954048 ] }, { "date": "2026-05-29", "close": 99.989998, "volume": 29281747, "typical_volume": 26437467.6, "trend": 98.17937, "fair_value": 74.160996, "relative_strength": 10.37337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.33076, "energy": 40.701661, "activity_lines": [ 110.183334, 107.213334, 105.92527, 104.12989 ] }, { "date": "2026-06-05", "close": 103.980003, "volume": 5428797, "typical_volume": 23814978.5, "trend": 99.323031, "fair_value": 74.164465, "relative_strength": 15.109999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.665611, "energy": 24.789974, "activity_lines": [ 107.904668, 107.225177, 105.60398, 104.504125 ] }, { "date": "2026-06-12", "close": 98.5, "volume": 4292770, "typical_volume": 21512290.65, "trend": 100.152736, "fair_value": 74.15054, "relative_strength": 8.407357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.071128, "energy": 8.415539, "activity_lines": [ 103.985334, 106.074255, 104.834013, 104.451026 ] }, { "date": "2026-06-19", "close": 104.910004, "volume": 18031502, "typical_volume": 20282957.55, "trend": 101.267901, "fair_value": 74.181128, "relative_strength": 13.185224, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.242076, "energy": 15.489029, "activity_lines": [ 103.403335, 105.990298, 104.723464, 104.757947 ] }, { "date": "2026-06-26", "close": 95.050003, "volume": 3296492, "typical_volume": 18623400.2, "trend": 102.233885, "fair_value": 74.188256, "relative_strength": 3.729339, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.640146, "energy": 21.693677, "activity_lines": [ 99.889336, 103.953692, 103.727947, 104.356792 ] }, { "date": "2026-07-03", "close": 102.400002, "volume": 5001485, "typical_volume": 16197236.7, "trend": 103.352466, "fair_value": 74.238088, "relative_strength": 10.870547, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.847729, "energy": 20.95811, "activity_lines": [ 100.527336, 103.361093, 103.497658, 104.367509 ] }, { "date": "2026-07-10", "close": 94.300003, "volume": 17899393, "typical_volume": 15639526.6, "trend": 104.092692, "fair_value": 74.210176, "relative_strength": 3.260147, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.2374, "energy": 42.969158, "activity_lines": [ 98.304669, 101.253457, 102.578924, 103.783479 ] }, { "date": "2026-07-17", "close": 73.730003, "volume": 14405641, "typical_volume": 15427697.3, "trend": 103.653667, "fair_value": 74.014807, "relative_strength": -14.12595, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -81.652596, "energy": 71.006492, "activity_lines": [ 89.87067, 95.632548, 99.779153, 101.824596 ] }, { "date": "2026-07-24", "close": 72.32, "volume": 11381234, "typical_volume": 14828650.85, "trend": 103.202543, "fair_value": 73.819068, "relative_strength": -16.674891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.619196, "energy": 78.382122, "activity_lines": [ 82.618002, 90.533093, 97.043473, 99.803069 ] }, { "date": "2026-07-31", "close": 76.330002, "volume": 8729476, "typical_volume": 14608013.3, "trend": 102.406457, "fair_value": 73.673504, "relative_strength": -12.401771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.525268, "energy": 79.891752, "activity_lines": [ 78.874668, 86.852002, 94.867771, 98.069357 ] }, { "date": "2026-08-07", "close": 78.879997, "volume": 18330156, "typical_volume": 14777554.7, "trend": 101.582363, "fair_value": 73.557627, "relative_strength": -11.922175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.578198, "energy": 78.497436, "activity_lines": [ 77.229333, 84.439092, 93.070874, 96.551521 ] } ], "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." } } }