{ "ticker": { "uuid": "07a63ac0-a358-4677-bfe0-ca81ba1f1f74", "symbol": "000776", "name": "GF Securities Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 48.299, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 6.644, "architecture_energy": 6.791, "architecture_maturity": 20.128, "architecture_confidence": 51.949, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 66.98, "rotation_up": 22.73, "upward_expansion": 30.3, "deceleration": 68.68, "rotation_down": 31.81, "downward_expansion": 18.97 }, "activity_lines": [ 21.00718, 21.232013, 20.740841, 20.511769 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 20.940001, "trend_reference": 20.559086, "distance_from_trend": 0.018528, "trend_direction": "Weakening", "fair_value": 16.516521, "distance_from_fair_value": 0.267822, "fair_value_direction": "Weakening", "relative_strength": -4.054957, "relative_strength_direction": "Improving", "price_momentum": -0.068919, "excess_performance": -0.076319, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.018528, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.013069, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.267822, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.045435, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.04055, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.109861, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.068919, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.703491, "read": "Supply-led" } ], "volume": { "latest": 296703586, "relative_activity": 1.061023, "balance": 0.703491, "dry_up": 1.389114, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.075979, "annualized_volatility": 0.30182, "from_high_reference": -0.146778, "from_low_reference": 0.185731 }, "levels": { "trend_reference": 20.559086, "fair_value_reference": 16.516521, "structural_low": 17.66, "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": 16, "median_return": 0.017698, "positive_rate": 0.5625, "directional_follow_through": 0.5625, "median_excess_return": 0.008455, "regime_survival": 0.5, "best_return": 0.31538, "worst_return": -0.122361, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.039271, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.007472, "regime_survival": 0.125, "best_return": 0.327465, "worst_return": -0.205089, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.111085, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.010218, "regime_survival": 0.166667, "best_return": 0.604578, "worst_return": -0.127659, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.039895, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.125182, "regime_survival": 0.5, "best_return": 0.685772, "worst_return": -0.156266, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-08", "end": "2024-09-13", "tenure": "Extended", "return": -0.109647, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-09-20", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.100132, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-12-13", "tenure": "Developing", "return": 0.050581, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-04-04", "tenure": "Established", "return": -0.007353, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-06-13", "tenure": "Developing", "return": 0.08605, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-09-26", "tenure": "Established", "return": 0.307372, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-10", "tenure": "New", "return": 0.079443, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.09317, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-02-13", "tenure": "Developing", "return": -0.000473, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.072937, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-06-26", "tenure": "Established", "return": 0.172613, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": -0.099494, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 14.821265, "volume": 423639332, "typical_volume": 227805359.35, "trend": 14.515605, "fair_value": 15.255698, "relative_strength": 5.220684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.407073, "energy": 11.646742, "activity_lines": [ 14.061579, 13.914276, 14.049706, 14.24881 ] }, { "date": "2023-08-04", "close": 15.504613, "volume": 738066947, "typical_volume": 255181239.2, "trend": 14.555621, "fair_value": 15.27146, "relative_strength": 8.461946, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.326957, "energy": 35.593133, "activity_lines": [ 14.59656, 14.210953, 14.17248, 14.312617 ] }, { "date": "2023-08-11", "close": 15.20282, "volume": 431963665, "typical_volume": 265862327.05, "trend": 14.580344, "fair_value": 15.28627, "relative_strength": 10.226914, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.950391, "energy": 51.145996, "activity_lines": [ 14.902893, 14.425895, 14.261499, 14.354371 ] }, { "date": "2023-08-18", "close": 14.948182, "volume": 306017037, "typical_volume": 270555695.9, "trend": 14.573186, "fair_value": 15.296883, "relative_strength": 11.586147, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.377786, "energy": 48.082834, "activity_lines": [ 15.023803, 14.570476, 14.322955, 14.378103 ] }, { "date": "2023-08-25", "close": 14.391751, "volume": 266605642, "typical_volume": 269428494.9, "trend": 14.505001, "fair_value": 15.30238, "relative_strength": 10.563698, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.829958, "energy": 48.604621, "activity_lines": [ 14.879362, 14.592943, 14.329581, 14.366397 ] }, { "date": "2023-09-01", "close": 14.316304, "volume": 420936681, "typical_volume": 275397885.1, "trend": 14.454925, "fair_value": 15.306837, "relative_strength": 6.246947, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.644419, "energy": 16.09866, "activity_lines": [ 14.660222, 14.593552, 14.332826, 14.354223 ] }, { "date": "2023-09-08", "close": 14.174838, "volume": 178713460, "typical_volume": 260557001.6, "trend": 14.415217, "fair_value": 15.309494, "relative_strength": 6.83733, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.845852, "energy": 10.507665, "activity_lines": [ 14.42759, 14.555122, 14.326498, 14.336153 ] }, { "date": "2023-09-15", "close": 14.099389, "volume": 167766920, "typical_volume": 254263191.4, "trend": 14.39454, "fair_value": 15.31111, "relative_strength": 7.515545, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.34811, "energy": 19.89749, "activity_lines": [ 14.25846, 14.492229, 14.312985, 14.315777 ] }, { "date": "2023-09-22", "close": 14.146545, "volume": 135346654, "typical_volume": 250632544.9, "trend": 14.364662, "fair_value": 15.310909, "relative_strength": 7.43288, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.295769, "energy": 17.415692, "activity_lines": [ 14.17861, 14.430552, 14.304278, 14.299778 ] }, { "date": "2023-09-29", "close": 13.835321, "volume": 106221100, "typical_volume": 231168661.55, "trend": 14.311481, "fair_value": 15.310386, "relative_strength": 5.686947, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.817524, "energy": 28.27781, "activity_lines": [ 14.048462, 14.305079, 14.268396, 14.265627 ] }, { "date": "2023-10-13", "close": 13.769304, "volume": 123552185, "typical_volume": 227229075.65, "trend": 14.28996, "fair_value": 15.306429, "relative_strength": 5.46638, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.849796, "energy": 40.211368, "activity_lines": [ 13.933404, 14.164207, 14.229558, 14.230647 ] }, { "date": "2023-10-20", "close": 13.703286, "volume": 164534603, "typical_volume": 225636951.1, "trend": 14.265006, "fair_value": 15.305339, "relative_strength": 10.079873, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.290856, "energy": 44.358509, "activity_lines": [ 13.832806, 14.030457, 14.186452, 14.192797 ] }, { "date": "2023-10-27", "close": 13.957925, "volume": 168386937, "typical_volume": 224232580.5, "trend": 14.246694, "fair_value": 15.306884, "relative_strength": 9.532383, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.683584, "energy": 36.237262, "activity_lines": [ 13.848525, 13.975758, 14.16914, 14.172986 ] }, { "date": "2023-11-03", "close": 13.957925, "volume": 130729965, "typical_volume": 223742927.85, "trend": 14.226535, "fair_value": 15.307203, "relative_strength": 8.348616, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.922093, "energy": 33.338778, "activity_lines": [ 13.873674, 13.943692, 14.151453, 14.154355 ] }, { "date": "2023-11-10", "close": 14.01451, "volume": 194589205, "typical_volume": 224536178.35, "trend": 14.18733, "fair_value": 15.305988, "relative_strength": 7.150421, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.577892, "energy": 25.546353, "activity_lines": [ 13.93026, 13.93992, 14.138385, 14.140676 ] }, { "date": "2023-11-17", "close": 13.967355, "volume": 159969134, "typical_volume": 227959436.4, "trend": 14.148401, "fair_value": 15.305977, "relative_strength": 6.482818, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.108277, "energy": 17.333574, "activity_lines": [ 13.959182, 13.934432, 14.120491, 14.126484 ] }, { "date": "2023-11-24", "close": 13.731581, "volume": 153516197, "typical_volume": 229881591.05, "trend": 14.133625, "fair_value": 15.308135, "relative_strength": 5.962686, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.259469, "energy": 22.512532, "activity_lines": [ 13.896309, 13.892422, 14.078316, 14.099593 ] }, { "date": "2023-12-01", "close": 13.684424, "volume": 104584343, "typical_volume": 229575251.35, "trend": 14.117585, "fair_value": 15.30631, "relative_strength": 6.703817, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.781416, "energy": 34.769838, "activity_lines": [ 13.81583, 13.849896, 14.030946, 14.070612 ] }, { "date": "2023-12-08", "close": 13.410924, "volume": 104303574, "typical_volume": 228920371.7, "trend": 14.075807, "fair_value": 15.298383, "relative_strength": 6.264694, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.10078, "energy": 64.905913, "activity_lines": [ 13.662419, 13.765188, 13.957577, 14.025021 ] }, { "date": "2023-12-15", "close": 13.382631, "volume": 102145503, "typical_volume": 229079454.2, "trend": 14.037395, "fair_value": 15.290498, "relative_strength": 7.776834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.562137, "energy": 73.190339, "activity_lines": [ 13.536043, 13.688711, 13.883129, 13.9803 ] }, { "date": "2023-12-22", "close": 13.335476, "volume": 97846633, "typical_volume": 212789819.25, "trend": 14.0088, "fair_value": 15.281585, "relative_strength": 9.097018, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.78831, "energy": 76.163583, "activity_lines": [ 13.436074, 13.611891, 13.805456, 13.935015 ] }, { "date": "2023-12-29", "close": 13.476941, "volume": 89304765, "typical_volume": 180351710.15, "trend": 13.990461, "fair_value": 15.272855, "relative_strength": 6.554601, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.045249, "energy": 70.62654, "activity_lines": [ 13.425385, 13.56868, 13.748331, 13.900701 ] }, { "date": "2024-01-05", "close": 13.307181, "volume": 78301395, "typical_volume": 162668596.65, "trend": 13.971389, "fair_value": 15.26956, "relative_strength": 9.672549, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.018476, "energy": 64.915269, "activity_lines": [ 13.375086, 13.498718, 13.684694, 13.856619 ] }, { "date": "2024-01-12", "close": 13.118562, "volume": 81334096, "typical_volume": 151434449.6, "trend": 13.948799, "fair_value": 15.264219, "relative_strength": 9.310082, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.247883, "energy": 60.653413, "activity_lines": [ 13.287063, 13.406294, 13.61212, 13.801598 ] }, { "date": "2024-01-19", "close": 12.92051, "volume": 103432100, "typical_volume": 143275772.5, "trend": 13.914683, "fair_value": 15.259393, "relative_strength": 9.90929, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.147589, "energy": 62.506125, "activity_lines": [ 13.152513, 13.293122, 13.529396, 13.735257 ] }, { "date": "2024-01-26", "close": 13.288321, "volume": 182830986, "typical_volume": 131370487.75, "trend": 13.904832, "fair_value": 15.253803, "relative_strength": 13.016041, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.881132, "energy": 49.325964, "activity_lines": [ 13.171376, 13.266715, 13.488708, 13.694846 ] }, { "date": "2024-02-02", "close": 12.609286, "volume": 145156316, "typical_volume": 129692630.55, "trend": 13.872347, "fair_value": 15.24241, "relative_strength": 16.324673, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.330919, "energy": 59.962676, "activity_lines": [ 12.967037, 13.129193, 13.388245, 13.611263 ] }, { "date": "2024-02-09", "close": 13.165717, "volume": 170066486, "typical_volume": 129807608.85, "trend": 13.854715, "fair_value": 15.233023, "relative_strength": 10.64122, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.498679, "energy": 43.682559, "activity_lines": [ 13.006018, 13.113246, 13.34823, 13.565674 ] }, { "date": "2024-02-23", "close": 13.3732, "volume": 199174010, "typical_volume": 132998976.65, "trend": 13.842153, "fair_value": 15.224854, "relative_strength": 9.003917, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.414416, "energy": 32.940076, "activity_lines": [ 13.123592, 13.144454, 13.332422, 13.534608 ] }, { "date": "2024-03-01", "close": 13.410924, "volume": 222847378, "typical_volume": 138830290.55, "trend": 13.834234, "fair_value": 15.222335, "relative_strength": 4.832711, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.554529, "energy": 23.969402, "activity_lines": [ 13.236764, 13.183207, 13.323889, 13.506787 ] }, { "date": "2024-03-08", "close": 13.127994, "volume": 141153977, "typical_volume": 139710380.15, "trend": 13.777791, "fair_value": 15.220679, "relative_strength": 3.157756, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.751376, "energy": 18.188613, "activity_lines": [ 13.222932, 13.170004, 13.290431, 13.461223 ] }, { "date": "2024-03-15", "close": 13.18458, "volume": 128881351, "typical_volume": 137927717.55, "trend": 13.700457, "fair_value": 15.216766, "relative_strength": 0.876479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.655173, "energy": 16.690873, "activity_lines": [ 13.238651, 13.170862, 13.265417, 13.422951 ] }, { "date": "2024-03-22", "close": 13.061976, "volume": 152613147, "typical_volume": 137139028.05, "trend": 13.629095, "fair_value": 15.206546, "relative_strength": 0.28146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.3216, "energy": 19.927708, "activity_lines": [ 13.175149, 13.154743, 13.231196, 13.381759 ] }, { "date": "2024-03-29", "close": 12.590425, "volume": 118811909, "typical_volume": 136543125.25, "trend": 13.550504, "fair_value": 15.197987, "relative_strength": -1.725545, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.345684, "energy": 38.035603, "activity_lines": [ 12.961379, 13.057346, 13.156331, 13.314748 ] }, { "date": "2024-04-05", "close": 12.45839, "volume": 87603822, "typical_volume": 131193856.1, "trend": 13.486058, "fair_value": 15.188582, "relative_strength": -4.301166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.156329, "energy": 56.951127, "activity_lines": [ 12.755782, 12.945546, 13.075404, 13.244289 ] }, { "date": "2024-04-12", "close": 12.015132, "volume": 114100324, "typical_volume": 128900415.6, "trend": 13.409352, "fair_value": 15.177841, "relative_strength": -4.621107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.741164, "energy": 74.516005, "activity_lines": [ 12.465935, 12.761555, 12.959672, 13.149391 ] }, { "date": "2024-04-19", "close": 12.175459, "volume": 138228560, "typical_volume": 128136033.75, "trend": 13.342706, "fair_value": 15.169968, "relative_strength": -3.939886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.441452, "energy": 74.077304, "activity_lines": [ 12.303721, 12.629864, 12.868505, 13.069785 ] }, { "date": "2024-04-26", "close": 12.64701, "volume": 130658796, "typical_volume": 129439756.4, "trend": 13.294294, "fair_value": 15.16389, "relative_strength": -2.238138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.42595, "energy": 64.154394, "activity_lines": [ 12.365966, 12.591796, 12.829658, 13.024901 ] }, { "date": "2024-05-03", "close": 12.45839, "volume": 102596922, "typical_volume": 129354423.8, "trend": 13.238022, "fair_value": 15.1556, "relative_strength": -5.016099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.13068, "energy": 52.2513, "activity_lines": [ 12.393001, 12.528866, 12.777788, 12.970972 ] }, { "date": "2024-05-10", "close": 12.45839, "volume": 142870930, "typical_volume": 131390695.15, "trend": 13.192124, "fair_value": 15.147868, "relative_strength": -6.463478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.525275, "energy": 38.833647, "activity_lines": [ 12.428839, 12.482568, 12.730453, 12.920673 ] }, { "date": "2024-05-17", "close": 12.477251, "volume": 126645591, "typical_volume": 132830643.05, "trend": 13.149056, "fair_value": 15.144438, "relative_strength": -6.076395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.116202, "energy": 30.052218, "activity_lines": [ 12.470964, 12.457018, 12.689315, 12.874552 ] }, { "date": "2024-05-24", "close": 12.166027, "volume": 121699500, "typical_volume": 134450379.8, "trend": 13.097814, "fair_value": 15.139348, "relative_strength": -5.611767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.402461, "energy": 41.743078, "activity_lines": [ 12.37854, 12.386714, 12.622625, 12.811131 ] }, { "date": "2024-05-31", "close": 12.137734, "volume": 71592582, "typical_volume": 134114939.15, "trend": 13.037141, "fair_value": 15.134355, "relative_strength": -5.247862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.995989, "energy": 50.339228, "activity_lines": [ 12.277313, 12.329785, 12.559481, 12.74919 ] }, { "date": "2024-06-07", "close": 11.760494, "volume": 105070494, "typical_volume": 135301759.05, "trend": 12.963893, "fair_value": 15.12739, "relative_strength": -7.094796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.375956, "energy": 69.447597, "activity_lines": [ 12.084292, 12.221071, 12.46598, 12.666826 ] }, { "date": "2024-06-14", "close": 11.986838, "volume": 83250852, "typical_volume": 134292696.65, "trend": 12.896304, "fair_value": 15.118475, "relative_strength": -5.316334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.34045, "energy": 66.554289, "activity_lines": [ 12.013245, 12.1686, 12.400501, 12.60379 ] }, { "date": "2024-06-21", "close": 11.769925, "volume": 67341686, "typical_volume": 128518231.65, "trend": 12.823056, "fair_value": 15.110399, "relative_strength": -5.134639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.200813, "energy": 72.597872, "activity_lines": [ 11.90133, 12.085264, 12.318811, 12.53112 ] }, { "date": "2024-06-28", "close": 11.477563, "volume": 84622440, "typical_volume": 125491537.85, "trend": 12.747922, "fair_value": 15.093871, "relative_strength": -5.316339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.035598, "energy": 81.403754, "activity_lines": [ 11.739117, 11.953229, 12.216506, 12.444314 ] }, { "date": "2024-07-05", "close": 11.234667, "volume": 84492250, "typical_volume": 121212826.05, "trend": 12.666264, "fair_value": 15.079019, "relative_strength": -5.771972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.299966, "energy": 84.053504, "activity_lines": [ 11.541835, 11.789721, 12.096458, 12.346685 ] }, { "date": "2024-07-12", "close": 11.428034, "volume": 112361446, "typical_volume": 116872197.85, "trend": 12.600168, "fair_value": 15.066633, "relative_strength": -5.943878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.307724, "energy": 76.074083, "activity_lines": [ 11.469214, 11.68705, 12.004022, 12.266799 ] }, { "date": "2024-07-19", "close": 11.805101, "volume": 84807078, "typical_volume": 109970182.85, "trend": 12.547583, "fair_value": 15.058114, "relative_strength": -3.469163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.378906, "energy": 58.247206, "activity_lines": [ 11.544446, 11.671669, 11.956759, 12.215504 ] }, { "date": "2024-07-26", "close": 11.824438, "volume": 90552622, "typical_volume": 107440115.1, "trend": 12.497215, "fair_value": 15.048269, "relative_strength": -0.057019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.330869, "energy": 47.549467, "activity_lines": [ 11.63824, 11.671683, 11.918985, 12.16885 ] }, { "date": "2024-08-02", "close": 11.892118, "volume": 121963059, "typical_volume": 107094200.5, "trend": 12.444388, "fair_value": 15.042371, "relative_strength": 0.847582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.40795, "energy": 29.48912, "activity_lines": [ 11.750959, 11.695871, 11.893863, 12.129811 ] }, { "date": "2024-08-09", "close": 11.669744, "volume": 85038630, "typical_volume": 103715474.65, "trend": 12.389807, "fair_value": 15.03512, "relative_strength": 0.768986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.041815, "energy": 23.372694, "activity_lines": [ 11.761916, 11.684608, 11.853718, 12.079834 ] }, { "date": "2024-08-16", "close": 11.582728, "volume": 61795143, "typical_volume": 100864636.35, "trend": 12.338612, "fair_value": 15.025529, "relative_strength": 0.532068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.656516, "energy": 26.522183, "activity_lines": [ 11.714863, 11.666033, 11.811915, 12.027765 ] }, { "date": "2024-08-23", "close": 11.350687, "volume": 68783942, "typical_volume": 99923642.35, "trend": 12.286285, "fair_value": 15.009563, "relative_strength": 0.567297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.766133, "energy": 39.471431, "activity_lines": [ 11.58015, 11.6085, 11.752812, 11.964028 ] }, { "date": "2024-08-30", "close": 11.447371, "volume": 90519956, "typical_volume": 98744623.95, "trend": 12.22492, "fair_value": 14.994332, "relative_strength": -0.519025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.543431, "energy": 40.916547, "activity_lines": [ 11.50796, 11.580113, 11.708192, 11.909904 ] }, { "date": "2024-09-06", "close": 11.882448, "volume": 161204411, "typical_volume": 99893416.5, "trend": 12.200692, "fair_value": 14.974989, "relative_strength": 5.966586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.117735, "energy": 32.565018, "activity_lines": [ 11.605932, 11.636696, 11.707711, 11.887809 ] }, { "date": "2024-09-13", "close": 11.940458, "volume": 87251402, "typical_volume": 97723046.8, "trend": 12.15985, "fair_value": 14.946646, "relative_strength": 8.255136, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.298095, "energy": 18.558634, "activity_lines": [ 11.723886, 11.696464, 11.71415, 11.87102 ] }, { "date": "2024-09-20", "close": 11.959796, "volume": 64277754, "typical_volume": 95807088.4, "trend": 12.112736, "fair_value": 14.909283, "relative_strength": 7.047972, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.783155, "energy": 11.187612, "activity_lines": [ 11.830239, 11.746915, 11.725795, 11.858113 ] }, { "date": "2024-09-27", "close": 14.676613, "volume": 504028979, "typical_volume": 113864990.85, "trend": 12.154926, "fair_value": 14.886805, "relative_strength": 11.251958, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.11041, "energy": 64.683755, "activity_lines": [ 12.817059, 12.281665, 11.998559, 12.023525 ] }, { "date": "2024-10-04", "close": 16.146206, "volume": 304467182, "typical_volume": 122756070.4, "trend": 12.255533, "fair_value": 14.866733, "relative_strength": 10.375395, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.907243, "energy": 97.55339, "activity_lines": [ 14.072016, 13.031404, 12.400721, 12.281027 ] }, { "date": "2024-10-11", "close": 15.334064, "volume": 978831506, "typical_volume": 165612670.7, "trend": 12.327183, "fair_value": 14.825699, "relative_strength": 9.474537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.552406, "energy": 93.765938, "activity_lines": [ 14.743002, 13.554904, 12.708066, 12.479642 ] }, { "date": "2024-10-18", "close": 15.691793, "volume": 499265366, "typical_volume": 186996309.9, "trend": 12.414843, "fair_value": 14.792479, "relative_strength": 8.595682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.509954, "energy": 92.556069, "activity_lines": [ 15.303124, 14.080864, 13.034393, 12.696713 ] }, { "date": "2024-10-25", "close": 15.633782, "volume": 333131131, "typical_volume": 198399341.75, "trend": 12.516288, "fair_value": 14.761531, "relative_strength": 5.464685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.691609, "energy": 89.244312, "activity_lines": [ 15.59382, 14.523149, 13.338272, 12.904387 ] }, { "date": "2024-11-01", "close": 15.575773, "volume": 360513325, "typical_volume": 212262465.4, "trend": 12.620201, "fair_value": 14.74085, "relative_strength": 6.635105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.809291, "energy": 71.284769, "activity_lines": [ 15.620247, 14.881231, 13.618182, 13.101773 ] }, { "date": "2024-11-08", "close": 17.277411, "volume": 740268725, "typical_volume": 245908817.35, "trend": 12.79561, "fair_value": 14.730272, "relative_strength": 10.600908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.632569, "energy": 73.427527, "activity_lines": [ 16.153943, 15.471882, 14.043063, 13.402238 ] }, { "date": "2024-11-15", "close": 16.262226, "volume": 361780162, "typical_volume": 259766703.45, "trend": 12.931836, "fair_value": 14.721006, "relative_strength": 7.938622, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.200241, "energy": 63.752001, "activity_lines": [ 16.27383, 15.771953, 14.345033, 13.625891 ] }, { "date": "2024-11-22", "close": 15.556436, "volume": 238272455, "typical_volume": 267455713.7, "trend": 13.028817, "fair_value": 14.699913, "relative_strength": 6.19072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.438266, "energy": 57.292286, "activity_lines": [ 16.096576, 15.864066, 14.557001, 13.79522 ] }, { "date": "2024-11-29", "close": 15.992946, "volume": 235411854, "typical_volume": 273608234.1, "trend": 13.146635, "fair_value": 14.686736, "relative_strength": 7.226729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.059685, "energy": 52.951865, "activity_lines": [ 16.07385, 15.9698, 14.789961, 13.986454 ] }, { "date": "2024-12-06", "close": 16.459892, "volume": 221608945, "typical_volume": 280448327.45, "trend": 13.280019, "fair_value": 14.678393, "relative_strength": 8.346351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.8614, "energy": 48.699138, "activity_lines": [ 16.182828, 16.087103, 15.045655, 14.200212 ] }, { "date": "2024-12-13", "close": 16.109682, "volume": 249630869, "typical_volume": 288402239.8, "trend": 13.4011, "fair_value": 14.657972, "relative_strength": 6.670087, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.24463, "energy": 40.51277, "activity_lines": [ 16.116128, 16.108308, 15.24583, 14.382771 ] }, { "date": "2024-12-20", "close": 15.876208, "volume": 132736781, "typical_volume": 288940925.9, "trend": 13.524773, "fair_value": 14.630361, "relative_strength": 5.686139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.79142, "energy": 34.829398, "activity_lines": [ 16.049451, 16.087728, 15.403363, 14.542455 ] }, { "date": "2024-12-27", "close": 16.148596, "volume": 165845251, "typical_volume": 292981256.95, "trend": 13.658468, "fair_value": 14.599666, "relative_strength": 7.264196, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.30726, "energy": 36.655818, "activity_lines": [ 16.099306, 16.106816, 15.567866, 14.711734 ] }, { "date": "2025-01-03", "close": 14.806122, "volume": 213560103, "typical_volume": 300569504.95, "trend": 13.759989, "fair_value": 14.55082, "relative_strength": 5.810761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.603301, "energy": 23.896211, "activity_lines": [ 15.662192, 15.873511, 15.583187, 14.785777 ] }, { "date": "2025-01-10", "close": 14.718569, "volume": 137836720, "typical_volume": 304022143.85, "trend": 13.851047, "fair_value": 14.50331, "relative_strength": 6.20963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.690933, "energy": 20.195619, "activity_lines": [ 15.275015, 15.639337, 15.574819, 14.84762 ] }, { "date": "2025-01-17", "close": 15.117419, "volume": 126900933, "typical_volume": 305841192.7, "trend": 13.96263, "fair_value": 14.45991, "relative_strength": 5.122994, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.642849, "energy": 18.537528, "activity_lines": [ 15.136876, 15.493266, 15.5884, 14.929322 ] }, { "date": "2025-01-24", "close": 15.311981, "volume": 143370343, "typical_volume": 304949489.3, "trend": 14.090444, "fair_value": 14.422069, "relative_strength": 5.091904, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.739492, "energy": 19.398122, "activity_lines": [ 15.129742, 15.421842, 15.603035, 15.016377 ] }, { "date": "2025-01-31", "close": 15.088236, "volume": 29636884, "typical_volume": 302068763.4, "trend": 14.218896, "fair_value": 14.377389, "relative_strength": 4.993773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.57894, "energy": 15.452014, "activity_lines": [ 15.085641, 15.327015, 15.580029, 15.080751 ] }, { "date": "2025-02-07", "close": 15.477358, "volume": 98761268, "typical_volume": 303792939.1, "trend": 14.353873, "fair_value": 14.345612, "relative_strength": 3.568453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.401432, "energy": 9.963329, "activity_lines": [ 15.241939, 15.31145, 15.579092, 15.161942 ] }, { "date": "2025-02-14", "close": 15.545454, "volume": 145248754, "typical_volume": 285853927.85, "trend": 14.478552, "fair_value": 14.322206, "relative_strength": 2.410266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.009907, "energy": 16.570691, "activity_lines": [ 15.376186, 15.317641, 15.567891, 15.238818 ] }, { "date": "2025-02-21", "close": 15.409262, "volume": 181488351, "typical_volume": 279704986.3, "trend": 14.598046, "fair_value": 14.291947, "relative_strength": -0.622903, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.551253, "energy": 16.657162, "activity_lines": [ 15.40991, 15.315695, 15.539582, 15.298864 ] }, { "date": "2025-02-28", "close": 14.922858, "volume": 229598583, "typical_volume": 242243340.15, "trend": 14.699071, "fair_value": 14.268, "relative_strength": -0.291624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.71015, "energy": 9.657095, "activity_lines": [ 15.262043, 15.238048, 15.468458, 15.319819 ] }, { "date": "2025-03-07", "close": 15.097964, "volume": 151589244, "typical_volume": 224859534.05, "trend": 14.813345, "fair_value": 14.245119, "relative_strength": -1.272513, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.472979, "energy": 6.520223, "activity_lines": [ 15.198487, 15.209571, 15.415969, 15.345554 ] }, { "date": "2025-03-14", "close": 15.399533, "volume": 183464369, "typical_volume": 217376195.95, "trend": 14.940571, "fair_value": 14.234808, "relative_strength": -0.577101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.548232, "energy": 8.993073, "activity_lines": [ 15.234805, 15.255027, 15.395028, 15.383373 ] }, { "date": "2025-03-21", "close": 15.204972, "volume": 152733933, "typical_volume": 206987226.35, "trend": 15.069048, "fair_value": 14.224458, "relative_strength": 0.75885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.16787, "energy": 6.657869, "activity_lines": [ 15.211457, 15.25432, 15.356674, 15.400431 ] }, { "date": "2025-03-28", "close": 15.954033, "volume": 200252690, "typical_volume": 179986424.6, "trend": 15.21927, "fair_value": 14.221728, "relative_strength": 6.283683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.627305, "energy": 17.623391, "activity_lines": [ 15.460496, 15.380962, 15.391424, 15.457527 ] }, { "date": "2025-04-04", "close": 15.759473, "volume": 161170356, "typical_volume": 169955934.3, "trend": 15.348504, "fair_value": 14.22419, "relative_strength": 7.121448, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.375933, "energy": 27.381682, "activity_lines": [ 15.608363, 15.457018, 15.413946, 15.492379 ] }, { "date": "2025-04-11", "close": 14.922858, "volume": 312084894, "typical_volume": 173646556.25, "trend": 15.447917, "fair_value": 14.217092, "relative_strength": 6.603449, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.914282, "energy": 6.651279, "activity_lines": [ 15.421584, 15.372826, 15.359185, 15.464918 ] }, { "date": "2025-04-18", "close": 14.874218, "volume": 102655838, "typical_volume": 167008755.45, "trend": 15.545065, "fair_value": 14.2148, "relative_strength": 6.529293, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.307804, "energy": 21.235177, "activity_lines": [ 15.230265, 15.282797, 15.302809, 15.427905 ] }, { "date": "2025-04-25", "close": 15.068779, "volume": 106633975, "typical_volume": 161260006.95, "trend": 15.558137, "fair_value": 14.208234, "relative_strength": 6.187147, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.871402, "energy": 39.086544, "activity_lines": [ 15.138821, 15.239109, 15.270289, 15.397177 ] }, { "date": "2025-05-02", "close": 15.185515, "volume": 76163893, "typical_volume": 152586658.15, "trend": 15.526114, "fair_value": 14.20236, "relative_strength": 6.85945, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.888937, "energy": 35.521104, "activity_lines": [ 15.095369, 15.225312, 15.255512, 15.373137 ] }, { "date": "2025-05-09", "close": 15.341166, "volume": 134846797, "typical_volume": 152692158.95, "trend": 15.526351, "fair_value": 14.197885, "relative_strength": 5.204041, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.147016, "energy": 32.657126, "activity_lines": [ 15.155035, 15.243884, 15.259959, 15.361204 ] }, { "date": "2025-05-16", "close": 16.275061, "volume": 430400322, "typical_volume": 165919912.5, "trend": 15.545793, "fair_value": 14.207218, "relative_strength": 10.566534, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.880104, "energy": 15.001597, "activity_lines": [ 15.553886, 15.42465, 15.355896, 15.409508 ] }, { "date": "2025-05-23", "close": 15.837297, "volume": 185807067, "typical_volume": 164532260.7, "trend": 15.552577, "fair_value": 14.216332, "relative_strength": 7.703797, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.256199, "energy": 18.800794, "activity_lines": [ 15.716669, 15.50442, 15.40954, 15.428315 ] }, { "date": "2025-05-30", "close": 15.847026, "volume": 135346755, "typical_volume": 164407762.45, "trend": 15.561618, "fair_value": 14.231374, "relative_strength": 8.349996, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.806029, "energy": 30.386428, "activity_lines": [ 15.81849, 15.578, 15.459199, 15.447312 ] }, { "date": "2025-06-06", "close": 16.002674, "volume": 127499555, "typical_volume": 164437693.55, "trend": 15.519127, "fair_value": 14.242641, "relative_strength": 7.450377, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.039769, "energy": 42.320265, "activity_lines": [ 15.92031, 15.668206, 15.518309, 15.475767 ] }, { "date": "2025-06-13", "close": 16.206963, "volume": 234663137, "typical_volume": 169002333.25, "trend": 15.517285, "fair_value": 14.250214, "relative_strength": 9.046041, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.872137, "energy": 54.550871, "activity_lines": [ 16.03575, 15.79467, 15.592659, 15.520144 ] }, { "date": "2025-06-20", "close": 15.885937, "volume": 133442549, "typical_volume": 174192616.5, "trend": 15.528268, "fair_value": 14.254522, "relative_strength": 7.728565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.580908, "energy": 41.476799, "activity_lines": [ 15.986461, 15.854631, 15.632174, 15.543928 ] }, { "date": "2025-06-27", "close": 16.975481, "volume": 357474615, "typical_volume": 187128283.85, "trend": 15.56102, "fair_value": 14.26616, "relative_strength": 10.486122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.907881, "energy": 60.056206, "activity_lines": [ 16.326294, 16.095179, 15.771656, 15.637296 ] }, { "date": "2025-07-04", "close": 16.925699, "volume": 218818077, "typical_volume": 190806750.0, "trend": 15.576546, "fair_value": 14.2673, "relative_strength": 8.348677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.941782, "energy": 64.212808, "activity_lines": [ 16.573655, 16.288472, 15.899262, 15.72534 ] }, { "date": "2025-07-11", "close": 17.612684, "volume": 271338457, "typical_volume": 195299255.3, "trend": 15.626647, "fair_value": 14.273822, "relative_strength": 10.263907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.048802, "energy": 79.799789, "activity_lines": [ 16.9781, 16.572909, 16.085724, 15.856704 ] }, { "date": "2025-07-18", "close": 18.000978, "volume": 280146960, "typical_volume": 197826674.15, "trend": 15.697472, "fair_value": 14.281395, "relative_strength": 9.988352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.589842, "energy": 86.31836, "activity_lines": [ 17.404641, 16.883814, 16.298673, 16.009886 ] }, { "date": "2025-07-25", "close": 19.842894, "volume": 527770782, "typical_volume": 216635751.05, "trend": 15.820615, "fair_value": 14.302327, "relative_strength": 17.875291, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.338928, "energy": 95.250168, "activity_lines": [ 18.325554, 17.481253, 16.672386, 16.277333 ] }, { "date": "2025-08-01", "close": 19.255472, "volume": 404565159, "typical_volume": 227690790.55, "trend": 15.968927, "fair_value": 14.325475, "relative_strength": 15.692209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.824435, "energy": 91.258168, "activity_lines": [ 18.786862, 17.907018, 16.967558, 16.498937 ] }, { "date": "2025-08-08", "close": 19.623854, "volume": 281615256, "typical_volume": 234134856.7, "trend": 16.132437, "fair_value": 14.353834, "relative_strength": 15.901246, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.643052, "energy": 90.785063, "activity_lines": [ 19.218965, 18.337613, 17.279453, 16.734738 ] }, { "date": "2025-08-15", "close": 21.186995, "volume": 469438366, "typical_volume": 247594140.5, "trend": 16.334756, "fair_value": 14.392686, "relative_strength": 19.038456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.711437, "energy": 96.069189, "activity_lines": [ 19.992238, 18.983746, 17.719176, 17.060839 ] }, { "date": "2025-08-22", "close": 22.32201, "volume": 456673274, "typical_volume": 262369286.4, "trend": 16.568423, "fair_value": 14.441538, "relative_strength": 19.26668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.588237, "energy": 95.603309, "activity_lines": [ 20.905562, 19.741985, 18.242077, 17.447113 ] }, { "date": "2025-08-29", "close": 21.78437, "volume": 426972220, "typical_volume": 268113652.7, "trend": 16.791628, "fair_value": 14.488659, "relative_strength": 11.055926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.913066, "energy": 89.015806, "activity_lines": [ 21.351604, 20.291289, 18.682523, 17.783626 ] }, { "date": "2025-09-05", "close": 20.50001, "volume": 319467665, "typical_volume": 278954244.05, "trend": 16.95905, "fair_value": 14.523641, "relative_strength": 5.166439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.55123, "energy": 66.862054, "activity_lines": [ 21.240094, 20.499828, 18.967976, 18.022876 ] }, { "date": "2025-09-12", "close": 20.967955, "volume": 274825592, "typical_volume": 287363824.9, "trend": 17.1398, "fair_value": 14.561326, "relative_strength": 4.626006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.214393, "energy": 63.350629, "activity_lines": [ 21.201596, 20.729366, 19.271206, 18.281515 ] }, { "date": "2025-09-19", "close": 20.161495, "volume": 290860398, "typical_volume": 298098650.15, "trend": 17.298207, "fair_value": 14.59467, "relative_strength": -0.603109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.023181, "energy": 50.135621, "activity_lines": [ 20.804672, 20.738779, 19.469539, 18.476464 ] }, { "date": "2025-09-26", "close": 20.768829, "volume": 191950052, "typical_volume": 300953812.9, "trend": 17.493073, "fair_value": 14.6325, "relative_strength": 1.282823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.830338, "energy": 39.638746, "activity_lines": [ 20.678559, 20.812275, 19.702018, 18.700375 ] }, { "date": "2025-10-03", "close": 22.182623, "volume": 367855542, "typical_volume": 297826573.9, "trend": 17.729228, "fair_value": 14.672703, "relative_strength": 5.498924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.4593, "energy": 50.062756, "activity_lines": [ 21.127256, 21.092499, 20.043298, 19.002926 ] }, { "date": "2025-10-10", "close": 23.944885, "volume": 334854465, "typical_volume": 305278943.8, "trend": 18.014074, "fair_value": 14.732075, "relative_strength": 14.95677, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.112467, "energy": 60.037103, "activity_lines": [ 22.136823, 21.650594, 20.524281, 19.403936 ] }, { "date": "2025-10-17", "close": 23.267859, "volume": 755312504, "typical_volume": 336277231.25, "trend": 18.282836, "fair_value": 14.79137, "relative_strength": 17.113511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.236894, "energy": 63.952668, "activity_lines": [ 22.691057, 22.000332, 20.902178, 19.74289 ] }, { "date": "2025-10-24", "close": 22.959999, "volume": 467630469, "typical_volume": 353283776.95, "trend": 18.516369, "fair_value": 14.854078, "relative_strength": 9.99892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.904142, "energy": 68.417451, "activity_lines": [ 22.989344, 22.22784, 21.215417, 20.044643 ] }, { "date": "2025-10-31", "close": 22.57, "volume": 530057367, "typical_volume": 368053488.45, "trend": 18.743386, "fair_value": 14.909788, "relative_strength": 7.15197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.850808, "energy": 62.731993, "activity_lines": [ 22.971064, 22.352203, 21.458384, 20.306167 ] }, { "date": "2025-11-07", "close": 22.75, "volume": 330548922, "typical_volume": 377908807.1, "trend": 19.004291, "fair_value": 14.967894, "relative_strength": 7.601981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.845303, "energy": 47.642809, "activity_lines": [ 22.892707, 22.504785, 21.688193, 20.564658 ] }, { "date": "2025-11-14", "close": 22.85, "volume": 324486959, "typical_volume": 376259424.3, "trend": 19.27015, "fair_value": 15.032501, "relative_strength": 9.32461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.480161, "energy": 42.819063, "activity_lines": [ 22.809857, 22.657991, 21.89484, 20.812769 ] }, { "date": "2025-11-21", "close": 21.1, "volume": 273825950, "typical_volume": 379009817.95, "trend": 19.471191, "fair_value": 15.080919, "relative_strength": 6.161861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.428155, "energy": 26.803339, "activity_lines": [ 22.216667, 22.450288, 21.906847, 20.930824 ] }, { "date": "2025-11-28", "close": 21.139999, "volume": 201032200, "typical_volume": 375494505.1, "trend": 19.669674, "fair_value": 15.126632, "relative_strength": 2.55888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.865706, "energy": 19.095178, "activity_lines": [ 21.781333, 22.247457, 21.902785, 21.038489 ] }, { "date": "2025-12-05", "close": 21.290001, "volume": 206323412, "typical_volume": 371803327.7, "trend": 19.867968, "fair_value": 15.170822, "relative_strength": 1.885355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.000669, "energy": 20.603229, "activity_lines": [ 21.517333, 22.054108, 21.896213, 21.143026 ] }, { "date": "2025-12-12", "close": 20.950001, "volume": 271359027, "typical_volume": 358982739.95, "trend": 20.0238, "fair_value": 15.212891, "relative_strength": -0.670297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.923271, "energy": 16.565502, "activity_lines": [ 21.225334, 21.789466, 21.841598, 21.212834 ] }, { "date": "2025-12-19", "close": 21.65, "volume": 293586247, "typical_volume": 353433794.35, "trend": 20.217556, "fair_value": 15.256842, "relative_strength": 3.375848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.620559, "energy": 14.603738, "activity_lines": [ 21.286667, 21.674507, 21.848377, 21.317751 ] }, { "date": "2025-12-26", "close": 22.200001, "volume": 242329785, "typical_volume": 351469520.8, "trend": 20.429322, "fair_value": 15.302307, "relative_strength": 2.244672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.796896, "energy": 11.724989, "activity_lines": [ 21.611334, 21.701273, 21.896135, 21.44565 ] }, { "date": "2026-01-02", "close": 22.02, "volume": 124380103, "typical_volume": 334216607.65, "trend": 20.6299, "fair_value": 15.349814, "relative_strength": 1.844963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.402771, "energy": 15.20103, "activity_lines": [ 21.802667, 21.714728, 21.914482, 21.548275 ] }, { "date": "2026-01-09", "close": 22.309999, "volume": 498823996, "typical_volume": 336324143.75, "trend": 20.833334, "fair_value": 15.402317, "relative_strength": -1.254868, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.482128, "energy": 23.579997, "activity_lines": [ 22.032, 21.798, 21.956482, 21.656668 ] }, { "date": "2026-01-16", "close": 22.559999, "volume": 423772254, "typical_volume": 336164145.45, "trend": 21.055803, "fair_value": 15.45524, "relative_strength": -1.382565, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.809084, "energy": 29.663124, "activity_lines": [ 22.276666, 21.931454, 22.022348, 21.768066 ] }, { "date": "2026-01-23", "close": 22.309999, "volume": 261767539, "typical_volume": 333279139.15, "trend": 21.23362, "fair_value": 15.505553, "relative_strength": -3.612861, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.847475, "energy": 30.278851, "activity_lines": [ 22.330666, 22.022909, 22.060712, 21.848982 ] }, { "date": "2026-01-30", "close": 22.49, "volume": 373752165, "typical_volume": 338225467.8, "trend": 21.419097, "fair_value": 15.552521, "relative_strength": -1.35166, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.765108, "energy": 36.817402, "activity_lines": [ 22.400666, 22.156909, 22.107599, 21.930038 ] }, { "date": "2026-02-06", "close": 21.290001, "volume": 260145708, "typical_volume": 336689733.3, "trend": 21.541674, "fair_value": 15.583628, "relative_strength": -4.683428, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.063008, "energy": 15.534635, "activity_lines": [ 22.051333, 22.047454, 22.032953, 21.92171 ] }, { "date": "2026-02-13", "close": 21.129999, "volume": 168126330, "typical_volume": 335498547.2, "trend": 21.645975, "fair_value": 15.617676, "relative_strength": -6.756219, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.921421, "energy": 7.03906, "activity_lines": [ 21.697333, 21.906182, 21.937695, 21.89515 ] }, { "date": "2026-02-27", "close": 20.84, "volume": 154683231, "typical_volume": 324839931.65, "trend": 21.679212, "fair_value": 15.652765, "relative_strength": -10.579674, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.006083, "energy": 30.238655, "activity_lines": [ 21.325333, 21.715091, 21.813098, 21.843152 ] }, { "date": "2026-03-06", "close": 20.07, "volume": 219048878, "typical_volume": 319049652.3, "trend": 21.706363, "fair_value": 15.687062, "relative_strength": -11.934551, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.092347, "energy": 54.625983, "activity_lines": [ 20.811333, 21.386, 21.621561, 21.739331 ] }, { "date": "2026-03-13", "close": 19.32, "volume": 177814850, "typical_volume": 290174769.6, "trend": 21.696234, "fair_value": 15.714479, "relative_strength": -15.82778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -78.675195, "energy": 78.023286, "activity_lines": [ 20.196667, 20.949273, 21.377048, 21.585372 ] }, { "date": "2026-03-20", "close": 19.059999, "volume": 238705853, "typical_volume": 278728538.8, "trend": 21.625334, "fair_value": 15.737744, "relative_strength": -14.448948, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.261208, "energy": 83.604852, "activity_lines": [ 19.706666, 20.517636, 21.126571, 21.415293 ] }, { "date": "2026-03-27", "close": 18.290001, "volume": 199434144, "typical_volume": 262197377.65, "trend": 21.490934, "fair_value": 15.762584, "relative_strength": -17.181024, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.279855, "energy": 90.698499, "activity_lines": [ 19.108667, 19.999818, 20.821333, 21.20011 ] }, { "date": "2026-04-03", "close": 17.84, "volume": 174866615, "typical_volume": 254413262.3, "trend": 21.359455, "fair_value": 15.784303, "relative_strength": -16.585661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.407928, "energy": 93.204883, "activity_lines": [ 18.55, 19.473273, 20.493619, 20.964566 ] }, { "date": "2026-04-10", "close": 18.870001, "volume": 217447814, "typical_volume": 249061305.05, "trend": 21.305121, "fair_value": 15.812269, "relative_strength": -17.467968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.903222, "energy": 83.043455, "activity_lines": [ 18.534667, 19.219818, 20.287381, 20.803956 ] }, { "date": "2026-04-17", "close": 20.110001, "volume": 377268912, "typical_volume": 254233453.15, "trend": 21.276523, "fair_value": 15.847828, "relative_strength": -15.278055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.518176, "energy": 56.958926, "activity_lines": [ 19.012667, 19.254364, 20.218191, 20.726851 ] }, { "date": "2026-04-24", "close": 19.860001, "volume": 261485799, "typical_volume": 257256133.1, "trend": 21.266473, "fair_value": 15.87776, "relative_strength": -16.445827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.716033, "energy": 40.111328, "activity_lines": [ 19.354668, 19.286728, 20.129905, 20.635463 ] }, { "date": "2026-05-01", "close": 21.23, "volume": 405365539, "typical_volume": 267208239.45, "trend": 21.281846, "fair_value": 15.916829, "relative_strength": -11.548706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.892435, "energy": 22.200662, "activity_lines": [ 20.100001, 19.594182, 20.178191, 20.63311 ] }, { "date": "2026-05-08", "close": 20.959999, "volume": 190842278, "typical_volume": 263182402.0, "trend": 21.241091, "fair_value": 15.960324, "relative_strength": -15.041061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.570645, "energy": 25.494626, "activity_lines": [ 20.559333, 19.850727, 20.201048, 20.612345 ] }, { "date": "2026-05-15", "close": 19.940001, "volume": 291189425, "typical_volume": 263062560.9, "trend": 21.107595, "fair_value": 15.997339, "relative_strength": -18.933215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.891622, "energy": 23.899943, "activity_lines": [ 20.470667, 19.919637, 20.126714, 20.528404 ] }, { "date": "2026-05-22", "close": 19.049999, "volume": 276753618, "typical_volume": 264783752.55, "trend": 20.967, "fair_value": 16.025452, "relative_strength": -22.373503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.271302, "energy": 24.464852, "activity_lines": [ 20.014, 19.829091, 19.975762, 20.395656 ] }, { "date": "2026-05-29", "close": 18.889999, "volume": 313024494, "typical_volume": 274215972.1, "trend": 20.831333, "fair_value": 16.053369, "relative_strength": -22.584551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.976866, "energy": 32.313466, "activity_lines": [ 19.574666, 19.714364, 19.824571, 20.261656 ] }, { "date": "2026-06-05", "close": 18.809999, "volume": 78989266, "typical_volume": 253224235.6, "trend": 20.706, "fair_value": 16.082963, "relative_strength": -21.263187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.217558, "energy": 48.400686, "activity_lines": [ 19.173333, 19.588182, 19.680667, 20.131247 ] }, { "date": "2026-06-12", "close": 20.08, "volume": 125357366, "typical_volume": 238303491.2, "trend": 20.617, "fair_value": 16.121764, "relative_strength": -13.729769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.898327, "energy": 34.404361, "activity_lines": [ 19.356666, 19.683454, 19.674381, 20.09086 ] }, { "date": "2026-06-19", "close": 20.639999, "volume": 427726241, "typical_volume": 246601426.3, "trend": 20.543333, "fair_value": 16.165101, "relative_strength": -16.905526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.122091, "energy": 15.188604, "activity_lines": [ 19.785333, 19.839818, 19.733238, 20.092344 ] }, { "date": "2026-06-26", "close": 22.35, "volume": 127146488, "typical_volume": 234271142.45, "trend": 20.585, "fair_value": 16.219933, "relative_strength": -8.40947, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.475451, "energy": 25.001639, "activity_lines": [ 20.737333, 20.274909, 19.962905, 20.208903 ] }, { "date": "2026-07-03", "close": 23.160566, "volume": 93300145, "typical_volume": 225928864.3, "trend": 20.652352, "fair_value": 16.279014, "relative_strength": -3.783391, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.276401, "energy": 50.706973, "activity_lines": [ 21.739522, 20.816648, 20.270435, 20.375069 ] }, { "date": "2026-07-10", "close": 21.237028, "volume": 478782586, "typical_volume": 241461677.1, "trend": 20.650586, "fair_value": 16.328072, "relative_strength": -8.316973, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.306217, "energy": 47.392102, "activity_lines": [ 21.815827, 20.948643, 20.385863, 20.41279 ] }, { "date": "2026-07-17", "close": 21.090567, "volume": 456821578, "typical_volume": 256568594.45, "trend": 20.655272, "fair_value": 16.376192, "relative_strength": 0.085543, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.94044, "energy": 50.232372, "activity_lines": [ 21.68151, 21.053881, 20.486833, 20.441176 ] }, { "date": "2026-07-24", "close": 21.188208, "volume": 485042024, "typical_volume": 269868251.75, "trend": 20.639879, "fair_value": 16.424228, "relative_strength": 0.193324, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.428153, "energy": 29.94627, "activity_lines": [ 21.512368, 21.174497, 20.59591, 20.475558 ] }, { "date": "2026-07-31", "close": 20.856228, "volume": 315236230, "typical_volume": 276739320.75, "trend": 20.595086, "fair_value": 16.46978, "relative_strength": 0.347911, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.27048, "energy": 9.522456, "activity_lines": [ 21.19602, 21.21206, 20.668044, 20.489516 ] }, { "date": "2026-08-07", "close": 20.940001, "volume": 296703586, "typical_volume": 279639207.4, "trend": 20.559086, "fair_value": 16.516521, "relative_strength": -4.054957, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.644215, "energy": 6.791079, "activity_lines": [ 21.00718, 21.232013, 20.740841, 20.511769 ] } ], "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." } } }