{ "ticker": { "uuid": "19415518-c381-4ad4-93df-a3e10fdc264d", "symbol": "600460", "name": "Hangzhou Silan Microelectronics 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 82.021, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -3.608, "architecture_energy": 25.724, "architecture_maturity": 59.742, "architecture_confidence": 69.903, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 46.5, "rotation_up": 14.71, "upward_expansion": 23.98, "deceleration": 76.17, "rotation_down": 61.52, "downward_expansion": 34.65 }, "activity_lines": [ 32.074847, 36.200748, 35.277453, 33.740148 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 32.549999, "trend_reference": 32.250913, "distance_from_trend": 0.009274, "trend_direction": "Improving", "fair_value": 25.852478, "distance_from_fair_value": 0.259067, "fair_value_direction": "Improving", "relative_strength": 5.584225, "relative_strength_direction": "Improving", "price_momentum": -0.025157, "excess_performance": 0.018047, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.009274, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.101829, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.259067, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.1004, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.055842, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.095477, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.025157, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.177483, "read": "Demand-led" } ], "volume": { "latest": 504664987, "relative_activity": 1.5754, "balance": 1.177483, "dry_up": 1.567074, "accumulation_observations": 5, "distribution_observations": 4 }, "risk": { "range_context": 0.189378, "annualized_volatility": 0.753801, "from_high_reference": -0.39352, "from_low_reference": 0.317814 }, "levels": { "trend_reference": 32.250913, "fair_value_reference": 25.852478, "structural_low": 24.700001, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.02395, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.007493, "regime_survival": 0.666667, "best_return": 0.080224, "worst_return": -0.121547, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.029899, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.019158, "regime_survival": 0.25, "best_return": 0.175234, "worst_return": -0.148826, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.08818, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.085604, "regime_survival": 0.0, "best_return": 0.116279, "worst_return": -0.185083, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.140203, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.173125, "regime_survival": 0.5, "best_return": -0.042997, "worst_return": -0.237409, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-03-28", "tenure": "Established", "return": -0.157804, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.007534, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": 0.027492, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.032626, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-22", "tenure": "New", "return": 0.12567, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-11-07", "tenure": "Developing", "return": -0.088697, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-02", "tenure": "Developing", "return": -0.013884, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-01-30", "tenure": "New", "return": 0.128803, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": -0.053678, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.036846, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-05-15", "tenure": "Developing", "return": 0.252023, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": 0.075871, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-07-24", "tenure": "Developing", "return": -0.070103, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.151805, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 30.221058, "volume": 44372170, "typical_volume": 111757976.85, "trend": 33.532931, "fair_value": 38.335855, "relative_strength": -15.827835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.023513, "energy": 53.879071, "activity_lines": [ 30.374144, 30.544898, 31.806507, 32.708472 ] }, { "date": "2023-08-04", "close": 30.051334, "volume": 62435787, "typical_volume": 108003182.05, "trend": 33.446616, "fair_value": 38.420025, "relative_strength": -15.909338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.4323, "energy": 49.704343, "activity_lines": [ 30.248348, 30.390239, 31.506154, 32.483852 ] }, { "date": "2023-08-11", "close": 29.262609, "volume": 39725271, "typical_volume": 101992811.4, "trend": 33.331024, "fair_value": 38.49914, "relative_strength": -15.044639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.641987, "energy": 65.326614, "activity_lines": [ 29.870958, 30.150627, 31.153301, 32.213916 ] }, { "date": "2023-08-18", "close": 25.538641, "volume": 80164981, "typical_volume": 96262423.9, "trend": 33.081345, "fair_value": 38.534523, "relative_strength": -23.640394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.430186, "energy": 86.606341, "activity_lines": [ 28.34676, 29.28639, 30.478841, 31.711182 ] }, { "date": "2023-08-25", "close": 23.861357, "volume": 78597031, "typical_volume": 83155554.7, "trend": 32.693466, "fair_value": 38.571694, "relative_strength": -26.313216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.343212, "energy": 95.949678, "activity_lines": [ 26.638193, 28.199604, 29.698463, 31.116344 ] }, { "date": "2023-09-01", "close": 25.279062, "volume": 87511207, "typical_volume": 74423842.15, "trend": 32.331608, "fair_value": 38.617253, "relative_strength": -22.939727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.680079, "energy": 90.95372, "activity_lines": [ 25.802214, 27.502007, 29.135535, 30.637995 ] }, { "date": "2023-09-08", "close": 25.688398, "volume": 71728517, "typical_volume": 69083129.15, "trend": 31.975099, "fair_value": 38.672501, "relative_strength": -20.638328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.330832, "energy": 88.432658, "activity_lines": [ 25.432147, 26.970141, 28.678265, 30.209401 ] }, { "date": "2023-09-15", "close": 25.318998, "volume": 44658804, "typical_volume": 64240349.0, "trend": 31.683921, "fair_value": 38.726718, "relative_strength": -21.169264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.787375, "energy": 87.06238, "activity_lines": [ 25.229808, 26.453523, 28.231008, 29.779975 ] }, { "date": "2023-09-22", "close": 24.919643, "volume": 38771653, "typical_volume": 64486563.5, "trend": 31.389387, "fair_value": 38.776402, "relative_strength": -22.133802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.780901, "energy": 76.865283, "activity_lines": [ 25.157259, 25.961774, 27.781105, 29.34357 ] }, { "date": "2023-09-29", "close": 24.320614, "volume": 31587601, "typical_volume": 61758710.0, "trend": 31.062607, "fair_value": 38.823838, "relative_strength": -22.893196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.133797, "energy": 67.99361, "activity_lines": [ 24.9263, 25.474563, 27.312388, 28.88752 ] }, { "date": "2023-10-13", "close": 25.089369, "volume": 63857824, "typical_volume": 61777443.0, "trend": 30.78103, "fair_value": 38.869326, "relative_strength": -19.461914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.760068, "energy": 63.138224, "activity_lines": [ 24.920975, 25.227872, 26.956203, 28.50215 ] }, { "date": "2023-10-20", "close": 23.19244, "volume": 61647242, "typical_volume": 62374202.5, "trend": 30.394081, "fair_value": 38.90832, "relative_strength": -22.519878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.820011, "energy": 69.107081, "activity_lines": [ 24.295987, 24.729588, 26.45858, 28.012564 ] }, { "date": "2023-10-27", "close": 23.581812, "volume": 58742388, "typical_volume": 60558739.1, "trend": 29.973325, "fair_value": 38.956939, "relative_strength": -21.734068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.549006, "energy": 66.440072, "activity_lines": [ 23.967187, 24.426806, 26.04601, 27.573063 ] }, { "date": "2023-11-03", "close": 25.139288, "volume": 73989670, "typical_volume": 60616530.35, "trend": 29.583248, "fair_value": 39.011914, "relative_strength": -16.5717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.260931, "energy": 57.136232, "activity_lines": [ 24.273357, 24.510488, 25.822562, 27.261189 ] }, { "date": "2023-11-10", "close": 26.487106, "volume": 183406161, "typical_volume": 66454425.3, "trend": 29.093759, "fair_value": 39.077056, "relative_strength": -12.022652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.181145, "energy": 40.566513, "activity_lines": [ 25.014158, 24.84649, 25.750964, 27.061438 ] }, { "date": "2023-11-17", "close": 25.378901, "volume": 98143335, "typical_volume": 68765381.15, "trend": 28.630375, "fair_value": 39.136559, "relative_strength": -15.653147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.161871, "energy": 27.994371, "activity_lines": [ 25.241124, 24.933258, 25.595739, 26.82177 ] }, { "date": "2023-11-24", "close": 24.26071, "volume": 61225842, "typical_volume": 68851737.95, "trend": 28.266426, "fair_value": 39.195959, "relative_strength": -18.561206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.534188, "energy": 28.241882, "activity_lines": [ 25.076057, 24.814904, 25.357459, 26.539856 ] }, { "date": "2023-12-01", "close": 24.300646, "volume": 61284139, "typical_volume": 68113063.45, "trend": 27.984771, "fair_value": 39.252432, "relative_strength": -17.507662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.160935, "energy": 30.609767, "activity_lines": [ 24.853085, 24.72977, 25.151364, 26.283999 ] }, { "date": "2023-12-08", "close": 23.11257, "volume": 48970803, "typical_volume": 67617121.85, "trend": 27.656878, "fair_value": 39.299635, "relative_strength": -19.318535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.495926, "energy": 51.063184, "activity_lines": [ 24.186165, 24.447136, 24.862498, 25.969664 ] }, { "date": "2023-12-15", "close": 22.992765, "volume": 41110848, "typical_volume": 66596563.7, "trend": 27.337395, "fair_value": 39.34677, "relative_strength": -18.426004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.549979, "energy": 68.398004, "activity_lines": [ 23.614424, 24.175576, 24.600542, 25.668753 ] }, { "date": "2023-12-22", "close": 22.154123, "volume": 34676089, "typical_volume": 66111759.65, "trend": 26.964998, "fair_value": 39.385919, "relative_strength": -20.062694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.657672, "energy": 77.921909, "activity_lines": [ 22.996092, 23.775678, 24.291423, 25.334349 ] }, { "date": "2023-12-29", "close": 22.793087, "volume": 49297899, "typical_volume": 65454865.25, "trend": 26.615897, "fair_value": 39.402111, "relative_strength": -18.786061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.105441, "energy": 74.479402, "activity_lines": [ 22.805734, 23.545324, 24.081573, 25.065193 ] }, { "date": "2024-01-05", "close": 21.175707, "volume": 37003175, "typical_volume": 65318760.45, "trend": 26.250156, "fair_value": 39.411309, "relative_strength": -22.819149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.43042, "energy": 80.361106, "activity_lines": [ 22.17409, 23.028162, 23.752249, 24.714213 ] }, { "date": "2024-01-12", "close": 20.666533, "volume": 37796964, "typical_volume": 63200359.6, "trend": 25.936663, "fair_value": 39.418707, "relative_strength": -22.90388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.620414, "energy": 83.07402, "activity_lines": [ 21.581051, 22.462169, 23.412941, 24.353979 ] }, { "date": "2024-01-19", "close": 20.866207, "volume": 50012365, "typical_volume": 61771126.3, "trend": 25.595882, "fair_value": 39.402114, "relative_strength": -20.299072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.685238, "energy": 78.912772, "activity_lines": [ 21.217639, 22.013804, 23.115851, 24.026853 ] }, { "date": "2024-01-26", "close": 20.586662, "volume": 48906572, "typical_volume": 59840894.55, "trend": 25.272073, "fair_value": 39.374945, "relative_strength": -22.949823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.419716, "energy": 79.99905, "activity_lines": [ 20.902816, 21.616811, 22.8064, 23.703678 ] }, { "date": "2024-02-02", "close": 17.272028, "volume": 62005571, "typical_volume": 59354747.25, "trend": 24.840439, "fair_value": 39.300176, "relative_strength": -30.42934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.672743, "energy": 92.857963, "activity_lines": [ 19.587612, 20.704289, 22.203614, 23.187546 ] }, { "date": "2024-02-09", "close": 18.629829, "volume": 78180297, "typical_volume": 61030821.9, "trend": 24.438756, "fair_value": 39.249961, "relative_strength": -27.8167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.567, "energy": 83.494724, "activity_lines": [ 19.093079, 20.165706, 21.77022, 22.786861 ] }, { "date": "2024-02-23", "close": 19.728052, "volume": 67729664, "typical_volume": 62478722.45, "trend": 24.057706, "fair_value": 39.208058, "relative_strength": -26.374732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.838039, "energy": 69.058406, "activity_lines": [ 19.134346, 19.929906, 21.473273, 22.482945 ] }, { "date": "2024-03-01", "close": 21.585045, "volume": 112686170, "typical_volume": 66533650.9, "trend": 23.78182, "fair_value": 39.203585, "relative_strength": -19.437323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.135213, "energy": 54.535921, "activity_lines": [ 19.857176, 20.093278, 21.377903, 22.323418 ] }, { "date": "2024-03-08", "close": 20.776354, "volume": 73918322, "typical_volume": 67036675.8, "trend": 23.466996, "fair_value": 39.187817, "relative_strength": -22.346946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.779066, "energy": 35.988637, "activity_lines": [ 20.262519, 20.13521, 21.218542, 22.129517 ] }, { "date": "2024-03-15", "close": 20.786337, "volume": 60665216, "typical_volume": 66987574.5, "trend": 23.158163, "fair_value": 39.164474, "relative_strength": -21.939597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.458614, "energy": 24.03748, "activity_lines": [ 20.658545, 20.204008, 21.08067, 21.956571 ] }, { "date": "2024-03-22", "close": 20.97603, "volume": 73278769, "typical_volume": 67714393.55, "trend": 22.881944, "fair_value": 39.117522, "relative_strength": -20.442197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.910949, "energy": 24.614218, "activity_lines": [ 20.883513, 20.343781, 20.972322, 21.815789 ] }, { "date": "2024-03-29", "close": 19.43852, "volume": 60659406, "typical_volume": 67047880.35, "trend": 22.678606, "fair_value": 39.070263, "relative_strength": -25.391568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.575238, "energy": 27.44909, "activity_lines": [ 20.439566, 20.207638, 20.729953, 21.593632 ] }, { "date": "2024-04-05", "close": 19.608244, "volume": 28366152, "typical_volume": 59295879.9, "trend": 22.536836, "fair_value": 39.022055, "relative_strength": -24.635101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.215827, "energy": 34.443923, "activity_lines": [ 20.071495, 20.124681, 20.530894, 21.395544 ] }, { "date": "2024-04-12", "close": 18.569927, "volume": 62401191, "typical_volume": 57508772.7, "trend": 22.313198, "fair_value": 38.973556, "relative_strength": -26.597848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.782756, "energy": 46.3859, "activity_lines": [ 19.489105, 19.875812, 20.265704, 21.139615 ] }, { "date": "2024-04-19", "close": 18.19054, "volume": 66067712, "typical_volume": 57750866.2, "trend": 22.06327, "fair_value": 38.936565, "relative_strength": -28.109156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.454219, "energy": 63.336729, "activity_lines": [ 18.927347, 19.594631, 19.996806, 20.873637 ] }, { "date": "2024-04-26", "close": 18.999233, "volume": 51654745, "typical_volume": 57269396.5, "trend": 21.852611, "fair_value": 38.906477, "relative_strength": -24.493541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.268447, "energy": 59.31985, "activity_lines": [ 18.808208, 19.443784, 19.833832, 20.675957 ] }, { "date": "2024-05-03", "close": 19.148989, "volume": 26710594, "typical_volume": 56156386.05, "trend": 21.660256, "fair_value": 38.842594, "relative_strength": -23.484429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.295299, "energy": 54.155774, "activity_lines": [ 18.870773, 19.31345, 19.710366, 20.50153 ] }, { "date": "2024-05-10", "close": 19.628212, "volume": 63095500, "typical_volume": 57255618.65, "trend": 21.503842, "fair_value": 38.785475, "relative_strength": -22.130896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.81424, "energy": 39.286713, "activity_lines": [ 19.112381, 19.280775, 19.651413, 20.37043 ] }, { "date": "2024-05-17", "close": 18.699717, "volume": 50779428, "typical_volume": 58060785.6, "trend": 21.290854, "fair_value": 38.732907, "relative_strength": -25.089584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.286243, "energy": 38.197135, "activity_lines": [ 19.04316, 19.114862, 19.520055, 20.189519 ] }, { "date": "2024-05-24", "close": 17.671383, "volume": 82823640, "typical_volume": 59737072.65, "trend": 21.106819, "fair_value": 38.662607, "relative_strength": -26.96441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.721963, "energy": 46.760548, "activity_lines": [ 18.622509, 18.799737, 19.307209, 19.956005 ] }, { "date": "2024-05-31", "close": 18.759621, "volume": 111287328, "typical_volume": 63451280.3, "trend": 20.946079, "fair_value": 38.553644, "relative_strength": -21.631581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.347929, "energy": 39.54524, "activity_lines": [ 18.599213, 18.739108, 19.222394, 19.804573 ] }, { "date": "2024-06-07", "close": 17.471704, "volume": 159754466, "typical_volume": 69549155.4, "trend": 20.690493, "fair_value": 38.455393, "relative_strength": -25.304392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.218136, "energy": 60.108169, "activity_lines": [ 18.162587, 18.484611, 19.026426, 19.580419 ] }, { "date": "2024-06-14", "close": 18.270411, "volume": 125014902, "typical_volume": 73299282.25, "trend": 20.416603, "fair_value": 38.338838, "relative_strength": -20.627322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.580105, "energy": 49.225216, "activity_lines": [ 18.104014, 18.411093, 18.921738, 19.424285 ] }, { "date": "2024-06-21", "close": 18.470089, "volume": 160372595, "typical_volume": 78872583.4, "trend": 20.186309, "fair_value": 38.226173, "relative_strength": -18.184644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.343269, "energy": 37.37229, "activity_lines": [ 18.202522, 18.398205, 18.848428, 19.298704 ] }, { "date": "2024-06-28", "close": 17.481689, "volume": 138210219, "typical_volume": 82682815.8, "trend": 19.960342, "fair_value": 38.088712, "relative_strength": -21.033444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.494822, "energy": 42.809313, "activity_lines": [ 17.986871, 18.207423, 18.691064, 19.124212 ] }, { "date": "2024-07-05", "close": 17.301981, "volume": 139247888, "typical_volume": 85736195.35, "trend": 19.727053, "fair_value": 37.952136, "relative_strength": -20.6439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.670307, "energy": 39.923623, "activity_lines": [ 17.723964, 17.996855, 18.515586, 18.952705 ] }, { "date": "2024-07-12", "close": 18.11067, "volume": 158988103, "typical_volume": 90299117.3, "trend": 19.560323, "fair_value": 37.795919, "relative_strength": -16.808437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.735794, "energy": 34.114936, "activity_lines": [ 17.827795, 17.964181, 18.42345, 18.848422 ] }, { "date": "2024-07-19", "close": 20.097452, "volume": 190766877, "typical_volume": 94203152.65, "trend": 19.463813, "fair_value": 37.598793, "relative_strength": -7.32768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.565563, "energy": 11.143835, "activity_lines": [ 18.55129, 18.311618, 18.528232, 18.883076 ] }, { "date": "2024-07-26", "close": 20.317099, "volume": 389833692, "typical_volume": 109998921.15, "trend": 19.402578, "fair_value": 37.367672, "relative_strength": -2.684358, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.306534, "energy": 10.949689, "activity_lines": [ 19.226198, 18.690459, 18.661017, 18.938126 ] }, { "date": "2024-08-02", "close": 23.212408, "volume": 483321338, "typical_volume": 131131727.25, "trend": 19.416556, "fair_value": 37.151416, "relative_strength": 11.05609, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.08923, "energy": 40.913452, "activity_lines": [ 20.743074, 19.566313, 19.071733, 19.183922 ] }, { "date": "2024-08-09", "close": 20.846239, "volume": 379452160, "typical_volume": 146440396.8, "trend": 19.405573, "fair_value": 36.888028, "relative_strength": 1.767168, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.798313, "energy": 41.200165, "activity_lines": [ 21.08918, 19.911209, 19.245547, 19.276159 ] }, { "date": "2024-08-16", "close": 19.548342, "volume": 214380284, "typical_volume": 154126440.7, "trend": 19.3683, "fair_value": 36.631284, "relative_strength": -4.537207, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.959501, "energy": 45.100281, "activity_lines": [ 20.766369, 19.982185, 19.296369, 19.28537 ] }, { "date": "2024-08-23", "close": 18.150606, "volume": 154111695, "typical_volume": 160413717.85, "trend": 19.27778, "fair_value": 36.34272, "relative_strength": -9.898457, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.374996, "energy": 14.831519, "activity_lines": [ 19.881802, 19.76127, 19.213551, 19.206809 ] }, { "date": "2024-08-30", "close": 18.88941, "volume": 113668612, "typical_volume": 162977088.9, "trend": 19.221205, "fair_value": 36.02005, "relative_strength": -5.441375, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.492372, "energy": 6.993254, "activity_lines": [ 19.373292, 19.676861, 19.208036, 19.181753 ] }, { "date": "2024-09-06", "close": 18.410187, "volume": 95108302, "typical_volume": 164429118.4, "trend": 19.259144, "fair_value": 35.721052, "relative_strength": -5.000336, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.08355, "energy": 17.441116, "activity_lines": [ 18.800221, 19.497697, 19.15536, 19.129429 ] }, { "date": "2024-09-13", "close": 17.421787, "volume": 98749446, "typical_volume": 166783853.45, "trend": 19.218876, "fair_value": 35.445582, "relative_strength": -7.636826, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.70354, "energy": 34.80266, "activity_lines": [ 18.217831, 19.121942, 19.007504, 19.01089 ] }, { "date": "2024-09-20", "close": 17.970898, "volume": 53069188, "typical_volume": 168101783.15, "trend": 19.160304, "fair_value": 35.180318, "relative_strength": -5.427934, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.200527, "energy": 38.746621, "activity_lines": [ 18.046775, 18.843847, 18.919456, 18.930376 ] }, { "date": "2024-09-27", "close": 20.526758, "volume": 168756816, "typical_volume": 173384848.95, "trend": 19.125028, "fair_value": 34.93252, "relative_strength": -3.855878, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.684567, "energy": 13.525688, "activity_lines": [ 18.832835, 19.032996, 19.080434, 19.018534 ] }, { "date": "2024-10-04", "close": 22.583427, "volume": 111758597, "typical_volume": 176433807.4, "trend": 19.185264, "fair_value": 34.737894, "relative_strength": -1.791684, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.820265, "energy": 36.028456, "activity_lines": [ 20.146041, 19.588278, 19.433006, 19.241656 ] }, { "date": "2024-10-11", "close": 24.160873, "volume": 562588612, "typical_volume": 200422056.0, "trend": 19.297748, "fair_value": 34.511545, "relative_strength": 9.040359, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.01341, "energy": 64.009178, "activity_lines": [ 21.738795, 20.389163, 19.917316, 19.562663 ] }, { "date": "2024-10-18", "close": 26.457153, "volume": 524158195, "typical_volume": 221065599.35, "trend": 19.480452, "fair_value": 34.333536, "relative_strength": 17.803479, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.109443, "energy": 83.097236, "activity_lines": [ 23.713597, 21.590308, 20.589418, 20.02456 ] }, { "date": "2024-10-25", "close": 28.713501, "volume": 853333454, "typical_volume": 255744548.75, "trend": 19.789618, "fair_value": 34.127647, "relative_strength": 26.0461, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.032076, "energy": 91.546895, "activity_lines": [ 25.838157, 23.099682, 21.439756, 20.620241 ] }, { "date": "2024-11-01", "close": 27.924776, "volume": 663253814, "typical_volume": 282656494.35, "trend": 20.066836, "fair_value": 33.943128, "relative_strength": 23.373514, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.595233, "energy": 91.058458, "activity_lines": [ 26.983634, 24.299013, 22.161444, 21.14509 ] }, { "date": "2024-11-08", "close": 30.340864, "volume": 464682734, "typical_volume": 297872001.3, "trend": 20.459201, "fair_value": 33.77849, "relative_strength": 26.873567, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.080272, "energy": 93.87272, "activity_lines": [ 28.441274, 25.759919, 23.067263, 21.80793 ] }, { "date": "2024-11-15", "close": 29.731852, "volume": 556992487, "typical_volume": 318811114.7, "trend": 20.843911, "fair_value": 33.578237, "relative_strength": 28.789492, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.52218, "energy": 88.285327, "activity_lines": [ 29.178747, 26.901888, 23.858553, 22.406166 ] }, { "date": "2024-11-22", "close": 27.735085, "volume": 291177372, "typical_volume": 326407588.9, "trend": 21.135106, "fair_value": 33.368878, "relative_strength": 22.415242, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.604553, "energy": 67.243008, "activity_lines": [ 28.879232, 27.47496, 24.401341, 22.850758 ] }, { "date": "2024-11-29", "close": 27.635246, "volume": 237329016, "typical_volume": 330324634.55, "trend": 21.417981, "fair_value": 33.153339, "relative_strength": 19.692021, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.772203, "energy": 57.004712, "activity_lines": [ 28.461242, 27.842365, 24.884938, 23.270122 ] }, { "date": "2024-12-06", "close": 28.244261, "volume": 231222335, "typical_volume": 332347407.45, "trend": 21.705183, "fair_value": 32.921136, "relative_strength": 19.447219, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.70806, "energy": 48.617286, "activity_lines": [ 28.318141, 28.144785, 25.381182, 23.710527 ] }, { "date": "2024-12-13", "close": 28.074535, "volume": 201035507, "typical_volume": 322907498.2, "trend": 22.017677, "fair_value": 32.673646, "relative_strength": 18.993732, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.553844, "energy": 37.940713, "activity_lines": [ 28.097165, 28.276027, 25.822468, 24.121453 ] }, { "date": "2024-12-20", "close": 28.913176, "volume": 209510707, "typical_volume": 309216966.65, "trend": 22.392403, "fair_value": 32.464071, "relative_strength": 23.152218, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.378534, "energy": 37.561477, "activity_lines": [ 28.306825, 28.459911, 26.306684, 24.566324 ] }, { "date": "2024-12-27", "close": 28.11447, "volume": 191804866, "typical_volume": 299834601.95, "trend": 22.704232, "fair_value": 32.261855, "relative_strength": 18.402441, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.962039, "energy": 34.84566, "activity_lines": [ 28.304828, 28.41217, 26.687686, 24.935489 ] }, { "date": "2025-01-03", "close": 23.961197, "volume": 160672591, "typical_volume": 297149217.3, "trend": 22.920548, "fair_value": 32.016588, "relative_strength": 6.900002, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.038, "energy": 17.938352, "activity_lines": [ 26.893115, 27.579155, 26.638527, 25.016584 ] }, { "date": "2025-01-10", "close": 24.18084, "volume": 140623402, "typical_volume": 296474802.65, "trend": 23.117562, "fair_value": 31.770437, "relative_strength": 9.21967, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.558844, "energy": 17.259332, "activity_lines": [ 25.799552, 26.872482, 26.589274, 25.097893 ] }, { "date": "2025-01-17", "close": 25.398869, "volume": 135662788, "typical_volume": 297574511.45, "trend": 23.348522, "fair_value": 31.571381, "relative_strength": 11.922941, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.633316, "energy": 18.780525, "activity_lines": [ 25.382894, 26.455339, 26.627307, 25.245074 ] }, { "date": "2025-01-24", "close": 25.808205, "volume": 140371371, "typical_volume": 299837664.9, "trend": 23.626072, "fair_value": 31.396281, "relative_strength": 13.172561, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.513179, "energy": 20.41549, "activity_lines": [ 25.281059, 26.202476, 26.673328, 25.403763 ] }, { "date": "2025-01-31", "close": 25.029465, "volume": 24829740, "typical_volume": 296141679.6, "trend": 23.883655, "fair_value": 31.211604, "relative_strength": 9.637783, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.564013, "energy": 16.239935, "activity_lines": [ 25.126642, 25.879362, 26.609954, 25.494305 ] }, { "date": "2025-02-07", "close": 26.497089, "volume": 115716154, "typical_volume": 299274027.9, "trend": 24.163202, "fair_value": 31.061423, "relative_strength": 13.674821, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.016141, "energy": 9.231099, "activity_lines": [ 25.6671, 25.872283, 26.650127, 25.662913 ] }, { "date": "2025-02-14", "close": 26.746685, "volume": 187077697, "typical_volume": 300190071.95, "trend": 24.384843, "fair_value": 30.918382, "relative_strength": 12.81079, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.078367, "energy": 16.340853, "activity_lines": [ 26.121697, 25.931278, 26.67347, 25.82959 ] }, { "date": "2025-02-21", "close": 27.056185, "volume": 185732674, "typical_volume": 303888775.8, "trend": 24.60948, "fair_value": 30.775669, "relative_strength": 12.581824, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.668883, "energy": 22.572377, "activity_lines": [ 26.508404, 26.073775, 26.696671, 26.001934 ] }, { "date": "2025-02-28", "close": 25.468754, "volume": 188474821, "typical_volume": 285183086.25, "trend": 24.684691, "fair_value": 30.616795, "relative_strength": 7.677481, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.141833, "energy": 17.353944, "activity_lines": [ 26.255481, 25.946163, 26.547389, 26.057371 ] }, { "date": "2025-03-07", "close": 25.97793, "volume": 158684121, "typical_volume": 266909382.55, "trend": 24.855748, "fair_value": 30.458701, "relative_strength": 7.891273, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.745119, "energy": 15.280609, "activity_lines": [ 26.194912, 25.973755, 26.440372, 26.140806 ] }, { "date": "2025-03-14", "close": 25.628496, "volume": 119762358, "typical_volume": 230230827.75, "trend": 25.058419, "fair_value": 30.299705, "relative_strength": 4.781849, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.639655, "energy": 5.964483, "activity_lines": [ 25.954634, 25.976659, 26.302357, 26.190661 ] }, { "date": "2025-03-21", "close": 24.610146, "volume": 89365711, "typical_volume": 201536422.6, "trend": 25.273737, "fair_value": 30.099924, "relative_strength": 2.136292, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -12.223817, "energy": 17.803568, "activity_lines": [ 25.432813, 25.764095, 26.082047, 26.16174 ] }, { "date": "2025-03-28", "close": 24.350565, "volume": 67270047, "typical_volume": 181665788.25, "trend": 25.455776, "fair_value": 29.899879, "relative_strength": 1.229159, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.695008, "energy": 40.571483, "activity_lines": [ 24.966901, 25.496528, 25.852799, 26.102181 ] }, { "date": "2025-04-04", "close": 23.851374, "volume": 53479709, "typical_volume": 156490149.35, "trend": 25.637149, "fair_value": 29.683453, "relative_strength": -0.769121, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.815432, "energy": 58.874741, "activity_lines": [ 24.514966, 25.157259, 25.604535, 25.998671 ] }, { "date": "2025-04-11", "close": 23.931244, "volume": 185975393, "typical_volume": 151230050.4, "trend": 25.854131, "fair_value": 29.46149, "relative_strength": 2.414429, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.374013, "energy": 57.547434, "activity_lines": [ 24.19748, 24.868091, 25.391879, 25.888612 ] }, { "date": "2025-04-18", "close": 24.031082, "volume": 126428706, "typical_volume": 145685034.9, "trend": 26.056137, "fair_value": 29.274807, "relative_strength": 1.25562, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.539671, "energy": 66.106389, "activity_lines": [ 24.049719, 24.617043, 25.206845, 25.770996 ] }, { "date": "2025-04-25", "close": 24.350565, "volume": 118620834, "typical_volume": 140054959.85, "trend": 26.183597, "fair_value": 29.126658, "relative_strength": 1.696542, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.564619, "energy": 56.898961, "activity_lines": [ 24.114947, 24.468919, 25.069401, 25.660959 ] }, { "date": "2025-05-02", "close": 24.979548, "volume": 55273047, "typical_volume": 132766836.85, "trend": 26.263468, "fair_value": 29.015015, "relative_strength": 4.432497, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.127216, "energy": 34.324235, "activity_lines": [ 24.407141, 24.478722, 25.010402, 25.583279 ] }, { "date": "2025-05-09", "close": 24.769886, "volume": 77886874, "typical_volume": 126185645.2, "trend": 26.283768, "fair_value": 28.915273, "relative_strength": 1.287194, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.587546, "energy": 24.529583, "activity_lines": [ 24.587515, 24.488161, 24.946172, 25.486919 ] }, { "date": "2025-05-16", "close": 24.510305, "volume": 70942169, "typical_volume": 120142510.35, "trend": 26.218873, "fair_value": 28.805017, "relative_strength": -0.883698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.131854, "energy": 20.148748, "activity_lines": [ 24.620128, 24.46311, 24.876951, 25.372502 ] }, { "date": "2025-05-23", "close": 24.360548, "volume": 91699771, "typical_volume": 116693869.35, "trend": 26.073775, "fair_value": 28.693736, "relative_strength": -1.329301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.881276, "energy": 19.629649, "activity_lines": [ 24.564219, 24.437515, 24.81063, 25.25261 ] }, { "date": "2025-05-30", "close": 23.981165, "volume": 59191411, "typical_volume": 112622269.8, "trend": 25.942321, "fair_value": 28.587601, "relative_strength": -3.114855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.797571, "energy": 29.424899, "activity_lines": [ 24.359883, 24.365995, 24.706275, 25.117603 ] }, { "date": "2025-06-06", "close": 24.220776, "volume": 41616606, "typical_volume": 107919960.7, "trend": 25.738318, "fair_value": 28.460142, "relative_strength": -3.599622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.110535, "energy": 30.588394, "activity_lines": [ 24.260045, 24.349476, 24.625691, 25.006535 ] }, { "date": "2025-06-13", "close": 23.621746, "volume": 62369194, "typical_volume": 104019851.85, "trend": 25.534648, "fair_value": 28.312224, "relative_strength": -5.987373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.929735, "energy": 40.132258, "activity_lines": [ 24.011115, 24.226403, 24.493667, 24.869982 ] }, { "date": "2025-06-20", "close": 23.561844, "volume": 56484238, "typical_volume": 105602576.75, "trend": 25.39554, "fair_value": 28.184044, "relative_strength": -5.955624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.625393, "energy": 48.779966, "activity_lines": [ 23.818761, 24.096613, 24.366349, 24.742705 ] }, { "date": "2025-06-27", "close": 24.699999, "volume": 95661071, "typical_volume": 104599822.6, "trend": 25.297698, "fair_value": 28.045648, "relative_strength": -3.593702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.341705, "energy": 29.432496, "activity_lines": [ 24.069022, 24.180477, 24.354416, 24.697831 ] }, { "date": "2025-07-04", "close": 24.51, "volume": 76822077, "typical_volume": 99087041.6, "trend": 25.173223, "fair_value": 27.906353, "relative_strength": -5.948752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.043297, "energy": 20.814496, "activity_lines": [ 24.23332, 24.217634, 24.332946, 24.647012 ] }, { "date": "2025-07-11", "close": 25.02, "volume": 72983341, "typical_volume": 93449574.95, "trend": 25.071405, "fair_value": 27.774276, "relative_strength": -5.277847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.773485, "energy": 11.481867, "activity_lines": [ 24.532362, 24.344619, 24.370697, 24.637126 ] }, { "date": "2025-07-18", "close": 25.440001, "volume": 151354490, "typical_volume": 91593558.4, "trend": 24.955633, "fair_value": 27.641961, "relative_strength": -4.462113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.835278, "energy": 15.447743, "activity_lines": [ 24.918123, 24.547233, 24.458145, 24.660907 ] }, { "date": "2025-07-25", "close": 26.27, "volume": 171895927, "typical_volume": 92254148.7, "trend": 24.89415, "fair_value": 27.485421, "relative_strength": -3.039374, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.860311, "energy": 46.535571, "activity_lines": [ 25.459334, 24.888571, 24.624777, 24.745705 ] }, { "date": "2025-08-01", "close": 26.1, "volume": 204326949, "typical_volume": 96482378.25, "trend": 24.965444, "fair_value": 27.328811, "relative_strength": -2.591323, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.663949, "energy": 55.367185, "activity_lines": [ 25.763334, 25.167006, 24.773828, 24.823501 ] }, { "date": "2025-08-08", "close": 26.93, "volume": 279359789, "typical_volume": 105982082.15, "trend": 25.057082, "fair_value": 27.19419, "relative_strength": -1.603584, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.746243, "energy": 66.282477, "activity_lines": [ 26.250667, 25.564724, 24.999682, 24.950247 ] }, { "date": "2025-08-15", "close": 27.48, "volume": 272566888, "typical_volume": 116246924.2, "trend": 25.126453, "fair_value": 27.079238, "relative_strength": -1.430534, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.611587, "energy": 72.206752, "activity_lines": [ 26.76, 26.008826, 25.266869, 25.106564 ] }, { "date": "2025-08-22", "close": 29.379999, "volume": 342143393, "typical_volume": 130680108.4, "trend": 25.245513, "fair_value": 27.002119, "relative_strength": 1.489776, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.170162, "energy": 91.810223, "activity_lines": [ 27.738666, 26.739124, 25.700107, 25.380987 ] }, { "date": "2025-08-29", "close": 32.470001, "volume": 747834673, "typical_volume": 158773072.4, "trend": 25.493531, "fair_value": 26.910859, "relative_strength": 10.730361, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.069004, "energy": 97.820193, "activity_lines": [ 29.484667, 27.926546, 26.401303, 25.847083 ] }, { "date": "2025-09-05", "close": 29.389999, "volume": 390197233, "typical_volume": 171961498.75, "trend": 25.589961, "fair_value": 26.815107, "relative_strength": 1.151338, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.015528, "energy": 83.3536, "activity_lines": [ 29.790666, 28.392, 26.768506, 26.098468 ] }, { "date": "2025-09-12", "close": 29.98, "volume": 250395706, "typical_volume": 178550242.35, "trend": 25.697739, "fair_value": 26.731687, "relative_strength": 1.30052, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.575647, "energy": 79.033221, "activity_lines": [ 30.074, 28.879454, 27.16638, 26.381696 ] }, { "date": "2025-09-19", "close": 30.440001, "volume": 348388542, "typical_volume": 193206017.1, "trend": 25.810532, "fair_value": 26.665, "relative_strength": 3.84857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.404361, "energy": 60.697485, "activity_lines": [ 30.307334, 29.351091, 27.581257, 26.687648 ] }, { "date": "2025-09-26", "close": 31.23, "volume": 382695482, "typical_volume": 208446447.5, "trend": 26.002574, "fair_value": 26.610331, "relative_strength": 5.919797, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.903076, "energy": 57.060508, "activity_lines": [ 30.606667, 29.867818, 28.04537, 27.037291 ] }, { "date": "2025-10-03", "close": 31.440001, "volume": 108947902, "typical_volume": 210346734.15, "trend": 26.184643, "fair_value": 26.553053, "relative_strength": 4.782996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.410445, "energy": 56.425658, "activity_lines": [ 30.852667, 30.317455, 28.498721, 27.388093 ] }, { "date": "2025-10-10", "close": 31.1, "volume": 175803201, "typical_volume": 214551905.65, "trend": 26.367027, "fair_value": 26.516184, "relative_strength": 3.149702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.492274, "energy": 52.003663, "activity_lines": [ 31.054, 30.611273, 28.886692, 27.705213 ] }, { "date": "2025-10-17", "close": 29.940001, "volume": 452127658, "typical_volume": 234198718.0, "trend": 26.544688, "fair_value": 26.493128, "relative_strength": 0.862329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.883039, "energy": 43.627323, "activity_lines": [ 30.754667, 30.603273, 29.132094, 27.935727 ] }, { "date": "2025-10-24", "close": 31.120001, "volume": 669485999, "typical_volume": 265592187.65, "trend": 26.770336, "fair_value": 26.488102, "relative_strength": 2.112755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.627519, "energy": 40.414048, "activity_lines": [ 30.851334, 30.755091, 29.461502, 28.230909 ] }, { "date": "2025-10-31", "close": 31.870001, "volume": 411625591, "typical_volume": 283055007.5, "trend": 27.037624, "fair_value": 26.487117, "relative_strength": 4.579336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.809919, "energy": 40.425872, "activity_lines": [ 31.152668, 30.977092, 29.829485, 28.559919 ] }, { "date": "2025-11-07", "close": 29.59, "volume": 243469991, "typical_volume": 292404295.15, "trend": 27.226249, "fair_value": 26.472602, "relative_strength": -3.607532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.877099, "energy": 26.737226, "activity_lines": [ 30.651334, 30.739273, 29.941048, 28.724589 ] }, { "date": "2025-11-14", "close": 28.809999, "volume": 174124602, "typical_volume": 296327471.7, "trend": 27.385546, "fair_value": 26.460042, "relative_strength": -5.578721, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.797973, "energy": 19.853899, "activity_lines": [ 30.013333, 30.412, 29.949619, 28.826766 ] }, { "date": "2025-11-21", "close": 27.09, "volume": 131222901, "typical_volume": 299047512.9, "trend": 27.476861, "fair_value": 26.412974, "relative_strength": -7.281113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.645159, "energy": 12.406674, "activity_lines": [ 28.954667, 29.782546, 29.77481, 28.807699 ] }, { "date": "2025-11-28", "close": 27.93, "volume": 100789406, "typical_volume": 300437816.15, "trend": 27.575209, "fair_value": 26.377736, "relative_strength": -5.457836, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.78273, "energy": 18.062406, "activity_lines": [ 28.366, 29.358364, 29.667714, 28.836934 ] }, { "date": "2025-12-05", "close": 28.110001, "volume": 103072311, "typical_volume": 298023707.2, "trend": 27.686546, "fair_value": 26.316851, "relative_strength": -4.931603, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.983813, "energy": 21.549646, "activity_lines": [ 28.05, 29.012546, 29.563905, 28.871436 ] }, { "date": "2025-12-12", "close": 28.120001, "volume": 117068089, "typical_volume": 295282315.3, "trend": 27.806869, "fair_value": 26.269877, "relative_strength": -4.314313, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.059905, "energy": 24.594196, "activity_lines": [ 27.988001, 28.725273, 29.448334, 28.899401 ] }, { "date": "2025-12-19", "close": 27.67, "volume": 83070260, "typical_volume": 289219480.85, "trend": 27.917185, "fair_value": 26.217721, "relative_strength": -5.518216, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.231767, "energy": 35.83877, "activity_lines": [ 27.874, 28.416546, 29.281096, 28.890571 ] }, { "date": "2025-12-26", "close": 28.200001, "volume": 101956575, "typical_volume": 280349320.15, "trend": 28.057812, "fair_value": 26.166729, "relative_strength": -5.208054, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.261156, "energy": 21.77434, "activity_lines": [ 28.012667, 28.266546, 29.156858, 28.908817 ] }, { "date": "2026-01-02", "close": 28.41, "volume": 63990656, "typical_volume": 269920508.55, "trend": 28.197453, "fair_value": 26.11485, "relative_strength": -4.552255, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.311329, "energy": 13.478857, "activity_lines": [ 28.147334, 28.186364, 29.046572, 28.931539 ] }, { "date": "2026-01-09", "close": 29.58, "volume": 221740173, "typical_volume": 263900347.55, "trend": 28.396062, "fair_value": 26.094911, "relative_strength": -4.166234, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.049079, "energy": 7.224938, "activity_lines": [ 28.64, 28.368182, 29.043286, 29.020735 ] }, { "date": "2026-01-16", "close": 30.67, "volume": 291748193, "typical_volume": 241096023.55, "trend": 28.633, "fair_value": 26.082277, "relative_strength": -0.094625, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.627473, "energy": 26.11109, "activity_lines": [ 29.398, 28.789818, 29.142857, 29.167441 ] }, { "date": "2026-01-23", "close": 31.66, "volume": 352509270, "typical_volume": 239211625.4, "trend": 28.865, "fair_value": 26.075416, "relative_strength": 2.349899, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.513528, "energy": 44.798056, "activity_lines": [ 30.316, 29.371818, 29.345286, 29.362731 ] }, { "date": "2026-01-30", "close": 33.389999, "volume": 519264507, "typical_volume": 252655065.45, "trend": 29.161, "fair_value": 26.07773, "relative_strength": 8.306341, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 82.48507, "energy": 76.808623, "activity_lines": [ 31.544666, 30.216545, 29.701667, 29.654667 ] }, { "date": "2026-02-06", "close": 30.18, "volume": 331119906, "typical_volume": 251791633.65, "trend": 29.333, "fair_value": 26.043642, "relative_strength": -0.692621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.795458, "energy": 64.033077, "activity_lines": [ 31.357333, 30.363091, 29.736095, 29.720409 ] }, { "date": "2026-02-13", "close": 31.76, "volume": 308259604, "typical_volume": 248069839.75, "trend": 29.543667, "fair_value": 26.015598, "relative_strength": 4.140883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.451782, "energy": 64.508097, "activity_lines": [ 31.578666, 30.756, 29.922238, 29.876989 ] }, { "date": "2026-02-27", "close": 32.189999, "volume": 199301320, "typical_volume": 252587510.65, "trend": 29.741, "fair_value": 25.988716, "relative_strength": 3.575066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.986347, "energy": 59.270599, "activity_lines": [ 31.798, 31.160727, 30.14681, 30.047721 ] }, { "date": "2026-03-06", "close": 28.879999, "volume": 246734390, "typical_volume": 256134070.1, "trend": 29.833667, "fair_value": 25.955547, "relative_strength": -6.042216, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.471046, "energy": 15.428733, "activity_lines": [ 30.812666, 30.889636, 30.052571, 29.992172 ] }, { "date": "2026-03-13", "close": 28.559999, "volume": 163597979, "typical_volume": 241707586.15, "trend": 29.888, "fair_value": 25.922241, "relative_strength": -6.254739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.205857, "energy": 11.07642, "activity_lines": [ 29.905999, 30.538363, 29.938428, 29.91 ] }, { "date": "2026-03-20", "close": 27.139999, "volume": 131515296, "typical_volume": 214809051.0, "trend": 29.876667, "fair_value": 25.877472, "relative_strength": -7.648237, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.855304, "energy": 29.378655, "activity_lines": [ 28.847999, 29.922363, 29.695619, 29.73271 ] }, { "date": "2026-03-27", "close": 26.139999, "volume": 119907560, "typical_volume": 200223149.45, "trend": 29.768667, "fair_value": 25.830057, "relative_strength": -9.918184, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.601498, "energy": 51.307408, "activity_lines": [ 27.659332, 29.147636, 29.376523, 29.491634 ] }, { "date": "2026-04-03", "close": 24.719999, "volume": 99268217, "typical_volume": 193013060.75, "trend": 29.510333, "fair_value": 25.765436, "relative_strength": -13.873462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.135545, "energy": 78.035243, "activity_lines": [ 26.371999, 28.177272, 28.949476, 29.165914 ] }, { "date": "2026-04-10", "close": 26.58, "volume": 95186524, "typical_volume": 189066156.85, "trend": 29.416667, "fair_value": 25.703741, "relative_strength": -9.748593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.322607, "energy": 71.833858, "activity_lines": [ 26.202666, 27.653272, 28.722761, 28.97686 ] }, { "date": "2026-04-17", "close": 26.940001, "volume": 115862763, "typical_volume": 188298149.95, "trend": 29.315333, "fair_value": 25.640269, "relative_strength": -9.824459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.139246, "energy": 66.480766, "activity_lines": [ 26.306667, 27.28709, 28.540952, 28.817075 ] }, { "date": "2026-04-24", "close": 27.82, "volume": 158088624, "typical_volume": 191163110.85, "trend": 29.228, "fair_value": 25.554681, "relative_strength": -7.404403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.572618, "energy": 41.691546, "activity_lines": [ 26.812, 27.198181, 28.443666, 28.720602 ] }, { "date": "2026-05-01", "close": 28.9, "volume": 223812768, "typical_volume": 197200133.7, "trend": 29.150333, "fair_value": 25.48814, "relative_strength": -4.474023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.792025, "energy": 19.278282, "activity_lines": [ 27.632, 27.348545, 28.449762, 28.699441 ] }, { "date": "2026-05-08", "close": 29.49, "volume": 181345996, "typical_volume": 200414029.05, "trend": 29.085333, "fair_value": 25.45167, "relative_strength": -3.963492, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.240757, "energy": 17.73524, "activity_lines": [ 28.464667, 27.658182, 28.508285, 28.721355 ] }, { "date": "2026-05-15", "close": 30.950001, "volume": 423164770, "typical_volume": 217418754.55, "trend": 29.080333, "fair_value": 25.44013, "relative_strength": 1.857939, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 19.882037, "energy": 27.37808, "activity_lines": [ 29.466, 28.282364, 28.699333, 28.841656 ] }, { "date": "2026-05-22", "close": 32.16, "volume": 405608337, "typical_volume": 232601342.65, "trend": 29.154333, "fair_value": 25.43507, "relative_strength": 6.268466, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.728454, "energy": 39.925149, "activity_lines": [ 30.579334, 29.088909, 28.99, 29.040344 ] }, { "date": "2026-05-29", "close": 34.599998, "volume": 792837680, "typical_volume": 269043693.85, "trend": 29.270333, "fair_value": 25.448036, "relative_strength": 15.206816, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.491797, "energy": 76.939116, "activity_lines": [ 32.158, 30.273636, 29.49419, 29.391677 ] }, { "date": "2026-06-05", "close": 33.950001, "volume": 93926294, "typical_volume": 262652999.9, "trend": 29.339667, "fair_value": 25.452036, "relative_strength": 13.81344, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.440543, "energy": 82.122527, "activity_lines": [ 33.068, 31.204545, 29.907, 29.693591 ] }, { "date": "2026-06-12", "close": 32.150002, "volume": 85793898, "typical_volume": 252355285.15, "trend": 29.425, "fair_value": 25.444882, "relative_strength": 7.449366, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.155069, "energy": 75.253984, "activity_lines": [ 33.041334, 31.666182, 30.127571, 29.874903 ] }, { "date": "2026-06-19", "close": 41.830002, "volume": 615071445, "typical_volume": 265483393.9, "trend": 29.859, "fair_value": 25.506946, "relative_strength": 36.641734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.412725, "energy": 91.639325, "activity_lines": [ 36.064001, 33.752728, 31.263, 30.675226 ] }, { "date": "2026-06-26", "close": 50.258568, "volume": 185941254, "typical_volume": 248817231.25, "trend": 30.631286, "fair_value": 25.636352, "relative_strength": 64.441468, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.762178, "energy": 97.512486, "activity_lines": [ 41.170857, 37.094468, 33.152721, 31.991327 ] }, { "date": "2026-07-03", "close": 47.136112, "volume": 135283656, "typical_volume": 239025418.75, "trend": 31.271489, "fair_value": 25.739214, "relative_strength": 51.890133, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.563065, "energy": 94.190679, "activity_lines": [ 44.030323, 39.444514, 34.664738, 33.056155 ] }, { "date": "2026-07-10", "close": 44.402714, "volume": 667725323, "typical_volume": 256998704.7, "trend": 31.81458, "fair_value": 25.82961, "relative_strength": 43.326656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.92767, "energy": 87.787211, "activity_lines": [ 45.142915, 40.946377, 35.835689, 33.90333 ] }, { "date": "2026-07-17", "close": 33.110001, "volume": 514610460, "typical_volume": 272764161.7, "trend": 31.980913, "fair_value": 25.848129, "relative_strength": 12.994859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.301503, "energy": 54.740055, "activity_lines": [ 41.794422, 40.113151, 35.87094, 33.986906 ] }, { "date": "2026-07-24", "close": 31.57, "volume": 555277358, "typical_volume": 288191310.1, "trend": 32.110913, "fair_value": 25.853832, "relative_strength": 6.042979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.784888, "energy": 22.745121, "activity_lines": [ 37.868596, 38.934108, 35.755142, 33.960395 ] }, { "date": "2026-07-31", "close": 28.26, "volume": 433438811, "typical_volume": 301683351.7, "trend": 32.112913, "fair_value": 25.835245, "relative_strength": -5.53761, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.652816, "energy": 20.221058, "activity_lines": [ 33.523436, 37.141973, 35.311298, 33.711949 ] }, { "date": "2026-08-07", "close": 32.549999, "volume": 504664987, "typical_volume": 320340836.25, "trend": 32.250913, "fair_value": 25.852478, "relative_strength": 5.584225, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.608458, "energy": 25.72425, "activity_lines": [ 32.074847, 36.200748, 35.277453, 33.740148 ] } ], "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." } } }