{ "ticker": { "uuid": "20e21922-bb29-4f83-ba89-8729815baf58", "symbol": "300645", "name": "Zhengyuan Zhihui Group 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -52.952, "architecture_energy": 50.221, "architecture_maturity": 95.504, "architecture_confidence": 69.87, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 13.04, "rotation_up": 26.92, "upward_expansion": 20.16, "deceleration": 66.98, "rotation_down": 48.92, "downward_expansion": 72.49 }, "activity_lines": [ 12.275333, 12.236909, 13.280497, 14.424897 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 12.93, "trend_reference": 16.029709, "distance_from_trend": -0.193373, "trend_direction": "Weakening", "fair_value": 16.802755, "distance_from_fair_value": -0.230483, "fair_value_direction": "Weakening", "relative_strength": -27.173031, "relative_strength_direction": "Weakening", "price_momentum": -0.337034, "excess_performance": -0.344434, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.193373, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.110168, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.230483, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.177301, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.27173, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.031514, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.337034, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.410434, "read": "Supply-led" } ], "volume": { "latest": 25614305, "relative_activity": 1.587707, "balance": 0.410434, "dry_up": 1.45228, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.095564, "annualized_volatility": 0.391661, "from_high_reference": -0.480637, "from_low_reference": 0.180822 }, "levels": { "trend_reference": 16.029709, "fair_value_reference": 16.802755, "structural_low": 10.95, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.046844, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": -0.027268, "regime_survival": 0.818182, "best_return": 0.360947, "worst_return": -0.216912, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.02846, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.048917, "regime_survival": 0.555556, "best_return": 0.446473, "worst_return": -0.257715, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.291265, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.038099, "regime_survival": 0.4, "best_return": 0.440664, "worst_return": -0.436799, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.419204, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.010547, "regime_survival": 0.333333, "best_return": 0.559055, "worst_return": -0.532694, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-12-27", "tenure": "Developing", "return": -0.003916, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-21", "tenure": "Developing", "return": 0.279971, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-03-21", "tenure": "New", "return": -0.027709, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-18", "tenure": "New", "return": -0.04629, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": 0.105763, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.064464, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": -0.161463, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-11-28", "tenure": "Established", "return": -0.023268, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": 0.102267, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.022157, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-03-13", "tenure": "New", "return": -0.057855, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.042882, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.055975, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": -0.220017, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 27.37425, "volume": 4209327, "typical_volume": 11498689.9, "trend": 28.350035, "fair_value": 21.188046, "relative_strength": 6.376561, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.231524, "energy": 31.964679, "activity_lines": [ 27.531299, 27.780015, 28.097174, 28.387371 ] }, { "date": "2023-08-04", "close": 28.199255, "volume": 4861477, "typical_volume": 11184924.45, "trend": 28.457179, "fair_value": 21.258952, "relative_strength": 7.506063, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.064848, "energy": 23.285487, "activity_lines": [ 27.775819, 27.831301, 28.04835, 28.377643 ] }, { "date": "2023-08-11", "close": 27.185394, "volume": 5955044, "typical_volume": 10490607.95, "trend": 28.506383, "fair_value": 21.337288, "relative_strength": 7.082197, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.399862, "energy": 31.975208, "activity_lines": [ 27.612806, 27.681662, 27.905334, 28.295592 ] }, { "date": "2023-08-18", "close": 26.171532, "volume": 5161035, "typical_volume": 9745457.8, "trend": 28.53866, "fair_value": 21.404884, "relative_strength": 5.883588, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.628515, "energy": 49.968321, "activity_lines": [ 27.101899, 27.372081, 27.689159, 28.144957 ] }, { "date": "2023-08-25", "close": 25.714302, "volume": 6594458, "typical_volume": 9360389.6, "trend": 28.468047, "fair_value": 21.464989, "relative_strength": 6.721171, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.182674, "energy": 60.159834, "activity_lines": [ 26.572439, 27.019851, 27.457525, 27.96274 ] }, { "date": "2023-09-01", "close": 27.085995, "volume": 8137790, "typical_volume": 8803172.3, "trend": 28.403798, "fair_value": 21.541042, "relative_strength": 8.0376, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.801455, "energy": 56.578891, "activity_lines": [ 26.624788, 26.984067, 27.391894, 27.873576 ] }, { "date": "2023-09-08", "close": 27.076056, "volume": 6962495, "typical_volume": 8202026.9, "trend": 28.345171, "fair_value": 21.616462, "relative_strength": 9.096517, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.712485, "energy": 48.336381, "activity_lines": [ 26.693042, 26.96726, 27.346733, 27.787915 ] }, { "date": "2023-09-15", "close": 25.803759, "volume": 4795590, "typical_volume": 7765793.05, "trend": 28.269271, "fair_value": 21.677457, "relative_strength": 4.752423, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.589058, "energy": 44.105666, "activity_lines": [ 26.412076, 26.720572, 27.183816, 27.623953 ] }, { "date": "2023-09-22", "close": 26.121834, "volume": 4819642, "typical_volume": 7665775.45, "trend": 28.183798, "fair_value": 21.735363, "relative_strength": 5.026375, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.000586, "energy": 34.529971, "activity_lines": [ 26.329244, 26.554125, 27.054142, 27.485408 ] }, { "date": "2023-09-29", "close": 26.33057, "volume": 12355454, "typical_volume": 7252678.15, "trend": 28.084445, "fair_value": 21.801444, "relative_strength": 6.002336, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.209646, "energy": 32.980201, "activity_lines": [ 26.319305, 26.46304, 26.951598, 27.365845 ] }, { "date": "2023-10-13", "close": 26.469727, "volume": 9381660, "typical_volume": 7078472.05, "trend": 28.013215, "fair_value": 21.855691, "relative_strength": 6.357354, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.329194, "energy": 32.004023, "activity_lines": [ 26.314666, 26.420028, 26.86946, 27.26167 ] }, { "date": "2023-10-20", "close": 25.773939, "volume": 18021308, "typical_volume": 7674169.9, "trend": 27.915814, "fair_value": 21.912126, "relative_strength": 8.176877, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.709791, "energy": 32.263525, "activity_lines": [ 26.119183, 26.266955, 26.72731, 27.117201 ] }, { "date": "2023-10-27", "close": 24.143812, "volume": 13589396, "typical_volume": 7825556.4, "trend": 27.650629, "fair_value": 21.958619, "relative_strength": -1.24894, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.039156, "energy": 42.8999, "activity_lines": [ 25.467131, 25.861591, 26.437115, 26.873846 ] }, { "date": "2023-11-03", "close": 26.956778, "volume": 16083752, "typical_volume": 8243714.2, "trend": 27.480201, "fair_value": 22.019153, "relative_strength": 9.113515, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.287558, "energy": 27.420203, "activity_lines": [ 25.863399, 26.022978, 26.435695, 26.829081 ] }, { "date": "2023-11-10", "close": 18.468176, "volume": 46741772, "typical_volume": 10057046.35, "trend": 26.991099, "fair_value": 22.019829, "relative_strength": -25.671393, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.406274, "energy": 71.716265, "activity_lines": [ 23.374469, 24.626705, 25.6327, 26.24766 ] }, { "date": "2023-11-17", "close": 19.979029, "volume": 61237594, "typical_volume": 12841783.6, "trend": 26.604286, "fair_value": 22.020374, "relative_strength": -19.283235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.1739, "energy": 78.667588, "activity_lines": [ 21.913316, 23.63688, 25.025661, 25.795268 ] }, { "date": "2023-11-24", "close": 19.561556, "volume": 33198266, "typical_volume": 14044852.7, "trend": 26.329905, "fair_value": 22.036417, "relative_strength": -19.550623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.392436, "energy": 81.508407, "activity_lines": [ 20.745719, 22.700369, 24.418149, 25.340899 ] }, { "date": "2023-12-01", "close": 19.114265, "volume": 21504550, "typical_volume": 14846474.2, "trend": 26.086257, "fair_value": 22.051428, "relative_strength": -20.115765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.047238, "energy": 84.894526, "activity_lines": [ 19.843184, 21.819159, 23.8042, 24.875374 ] }, { "date": "2023-12-08", "close": 18.527813, "volume": 17772468, "typical_volume": 15386276.35, "trend": 25.782379, "fair_value": 22.064263, "relative_strength": -20.924375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.396798, "energy": 83.971627, "activity_lines": [ 19.080468, 20.952949, 23.172123, 24.387732 ] }, { "date": "2023-12-15", "close": 18.597393, "volume": 15632000, "typical_volume": 15850753.9, "trend": 25.474535, "fair_value": 22.08109, "relative_strength": -18.837811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.436927, "energy": 79.361699, "activity_lines": [ 18.902877, 20.237463, 22.592631, 23.924185 ] }, { "date": "2023-12-22", "close": 17.812147, "volume": 13652426, "typical_volume": 16322908.85, "trend": 25.142171, "fair_value": 22.097379, "relative_strength": -20.638326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.455366, "energy": 74.970629, "activity_lines": [ 18.454922, 19.519808, 21.981143, 23.429837 ] }, { "date": "2023-12-29", "close": 18.080523, "volume": 14948804, "typical_volume": 16827275.2, "trend": 24.83529, "fair_value": 22.112222, "relative_strength": -21.761332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.179792, "energy": 59.969867, "activity_lines": [ 18.240885, 19.008359, 21.440749, 22.974247 ] }, { "date": "2024-01-05", "close": 17.692869, "volume": 9507380, "typical_volume": 17004892.0, "trend": 24.474143, "fair_value": 22.120781, "relative_strength": -19.781211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.212067, "energy": 59.174636, "activity_lines": [ 17.996365, 18.566309, 20.911619, 22.513445 ] }, { "date": "2024-01-12", "close": 17.18594, "volume": 15167320, "typical_volume": 17505206.25, "trend": 24.100406, "fair_value": 22.135209, "relative_strength": -20.813512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.009667, "energy": 59.364714, "activity_lines": [ 17.677629, 18.149379, 20.379413, 22.043239 ] }, { "date": "2024-01-19", "close": 15.993161, "volume": 16886502, "typical_volume": 18019808.45, "trend": 23.653446, "fair_value": 22.14237, "relative_strength": -24.288181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.17807, "energy": 63.207377, "activity_lines": [ 17.050758, 17.693231, 19.776397, 21.520191 ] }, { "date": "2024-01-26", "close": 15.486232, "volume": 18585132, "typical_volume": 18542175.55, "trend": 23.228685, "fair_value": 22.136784, "relative_strength": -26.242519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.367194, "energy": 76.018346, "activity_lines": [ 16.428526, 17.189915, 19.171394, 20.993274 ] }, { "date": "2024-02-02", "close": 12.32537, "volume": 20654115, "typical_volume": 19226756.55, "trend": 22.734345, "fair_value": 22.126006, "relative_strength": -35.739201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.036464, "energy": 92.068494, "activity_lines": [ 14.907734, 16.193584, 18.320593, 20.289834 ] }, { "date": "2024-02-09", "close": 10.903977, "volume": 38874827, "typical_volume": 20930718.4, "trend": 22.196601, "fair_value": 22.10713, "relative_strength": -47.583724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.028026, "energy": 97.386133, "activity_lines": [ 13.296822, 15.070385, 17.404663, 19.526584 ] }, { "date": "2024-02-23", "close": 15.178098, "volume": 43282248, "typical_volume": 22853848.7, "trend": 21.763225, "fair_value": 22.110903, "relative_strength": -28.612149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.052311, "energy": 87.403445, "activity_lines": [ 13.563209, 14.873577, 16.966743, 19.073778 ] }, { "date": "2024-03-01", "close": 14.293454, "volume": 49025004, "typical_volume": 24687326.2, "trend": 21.32024, "fair_value": 22.115021, "relative_strength": -34.905189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.383311, "energy": 83.454087, "activity_lines": [ 13.668571, 14.576829, 16.496685, 18.591857 ] }, { "date": "2024-03-08", "close": 14.482309, "volume": 27435199, "typical_volume": 25590003.15, "trend": 20.890509, "fair_value": 22.117626, "relative_strength": -33.091749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.635057, "energy": 63.150376, "activity_lines": [ 13.950199, 14.392671, 16.101932, 18.1507 ] }, { "date": "2024-03-15", "close": 15.257616, "volume": 45626478, "typical_volume": 26970261.65, "trend": 20.459121, "fair_value": 22.130394, "relative_strength": -30.78649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.765093, "energy": 43.694039, "activity_lines": [ 14.55719, 14.410021, 15.838101, 17.787288 ] }, { "date": "2024-03-22", "close": 16.221777, "volume": 42996236, "typical_volume": 28440603.65, "trend": 20.093667, "fair_value": 22.143263, "relative_strength": -25.547624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.05672, "energy": 33.037695, "activity_lines": [ 15.290085, 14.653998, 15.716172, 17.513911 ] }, { "date": "2024-03-29", "close": 14.969362, "volume": 30199273, "typical_volume": 29146379.7, "trend": 19.720261, "fair_value": 22.14994, "relative_strength": -29.525547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.264678, "energy": 27.079535, "activity_lines": [ 15.250989, 14.69701, 15.51269, 17.183311 ] }, { "date": "2024-04-05", "close": 16.400694, "volume": 27524900, "typical_volume": 28185536.1, "trend": 19.409808, "fair_value": 22.163957, "relative_strength": -23.27154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.687544, "energy": 21.634512, "activity_lines": [ 15.702919, 15.040566, 15.502608, 16.969145 ] }, { "date": "2024-04-12", "close": 13.9555, "volume": 39994428, "typical_volume": 27123377.8, "trend": 18.972125, "fair_value": 22.15622, "relative_strength": -31.7551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.891912, "energy": 24.596517, "activity_lines": [ 15.199302, 14.932132, 15.269496, 16.617254 ] }, { "date": "2024-04-19", "close": 12.703083, "volume": 26419950, "typical_volume": 26784462.0, "trend": 18.493025, "fair_value": 22.137796, "relative_strength": -37.462634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.140623, "energy": 39.860243, "activity_lines": [ 14.313333, 14.623817, 14.945789, 16.2128 ] }, { "date": "2024-04-26", "close": 13.607606, "volume": 24495380, "typical_volume": 26934003.5, "trend": 18.086487, "fair_value": 22.119407, "relative_strength": -33.592637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.218751, "energy": 38.383464, "activity_lines": [ 13.899174, 14.473093, 14.740887, 15.897611 ] }, { "date": "2024-05-03", "close": 13.448569, "volume": 9908083, "typical_volume": 26540784.25, "trend": 17.664045, "fair_value": 22.101583, "relative_strength": -34.617304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.495436, "energy": 43.576076, "activity_lines": [ 13.606281, 14.244297, 14.547061, 15.598391 ] }, { "date": "2024-05-10", "close": 12.673263, "volume": 15795302, "typical_volume": 26548949.35, "trend": 17.208801, "fair_value": 22.084423, "relative_strength": -38.73453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.717232, "energy": 60.257293, "activity_lines": [ 13.156338, 13.905981, 14.303583, 15.276405 ] }, { "date": "2024-05-17", "close": 12.713022, "volume": 13856580, "typical_volume": 26559157.05, "trend": 16.750244, "fair_value": 22.060047, "relative_strength": -37.749189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.789917, "energy": 58.975467, "activity_lines": [ 12.968144, 13.604353, 14.092101, 14.986355 ] }, { "date": "2024-05-24", "close": 12.007297, "volume": 12217421, "typical_volume": 26422587.9, "trend": 16.291356, "fair_value": 22.03596, "relative_strength": -38.72484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.047001, "energy": 69.722335, "activity_lines": [ 12.62754, 13.20658, 13.837689, 14.680358 ] }, { "date": "2024-05-31", "close": 12.255791, "volume": 12443001, "typical_volume": 26569368.95, "trend": 15.895089, "fair_value": 22.017644, "relative_strength": -36.350489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.280891, "energy": 69.769114, "activity_lines": [ 12.416154, 12.913084, 13.635864, 14.419999 ] }, { "date": "2024-06-07", "close": 10.749994, "volume": 18592551, "typical_volume": 26740630.5, "trend": 15.354863, "fair_value": 21.98746, "relative_strength": -42.798334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.142316, "energy": 74.696199, "activity_lines": [ 11.792955, 12.417916, 13.31652, 14.088057 ] }, { "date": "2024-06-14", "close": 11.069104, "volume": 9508563, "typical_volume": 26371733.55, "trend": 15.108227, "fair_value": 21.950583, "relative_strength": -40.288156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.017274, "energy": 73.618594, "activity_lines": [ 11.456032, 12.057484, 13.058214, 13.811557 ] }, { "date": "2024-06-21", "close": 12.265763, "volume": 42607301, "typical_volume": 27572842.0, "trend": 14.851118, "fair_value": 21.924733, "relative_strength": -31.626271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.491121, "energy": 50.063906, "activity_lines": [ 11.624939, 12.011564, 12.937325, 13.628172 ] }, { "date": "2024-06-28", "close": 12.594845, "volume": 72152904, "typical_volume": 30147781.45, "trend": 14.618895, "fair_value": 21.899726, "relative_strength": -27.244743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.822553, "energy": 41.571516, "activity_lines": [ 11.933358, 12.056199, 12.863112, 13.482606 ] }, { "date": "2024-07-05", "close": 12.674622, "volume": 43262442, "typical_volume": 30367162.2, "trend": 14.40424, "fair_value": 21.877573, "relative_strength": -24.683646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.702291, "energy": 27.658575, "activity_lines": [ 12.229199, 12.117308, 12.795213, 13.357169 ] }, { "date": "2024-07-12", "close": 11.667434, "volume": 26971660, "typical_volume": 29551632.8, "trend": 14.17556, "fair_value": 21.848265, "relative_strength": -31.126404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.630591, "energy": 25.702785, "activity_lines": [ 12.161388, 12.012254, 12.62296, 13.180601 ] }, { "date": "2024-07-19", "close": 10.899577, "volume": 16308043, "typical_volume": 27915784.75, "trend": 13.918967, "fair_value": 21.813782, "relative_strength": -35.194373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.491119, "energy": 38.321858, "activity_lines": [ 11.776463, 11.799975, 12.394296, 12.969247 ] }, { "date": "2024-07-26", "close": 11.83696, "volume": 29104972, "typical_volume": 27999273.4, "trend": 13.719794, "fair_value": 21.784292, "relative_strength": -26.239684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.934083, "energy": 34.426225, "activity_lines": [ 11.7153, 11.790378, 12.271067, 12.834924 ] }, { "date": "2024-08-02", "close": 11.657461, "volume": 30540086, "typical_volume": 27244953.8, "trend": 13.505692, "fair_value": 21.736777, "relative_strength": -26.082542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.461092, "energy": 36.70228, "activity_lines": [ 11.622891, 11.764073, 12.14334, 12.70187 ] }, { "date": "2024-08-09", "close": 11.168825, "volume": 16436536, "typical_volume": 25916968.8, "trend": 13.288224, "fair_value": 21.699706, "relative_strength": -26.967296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.709591, "energy": 39.831829, "activity_lines": [ 11.430096, 11.655286, 11.98622, 12.551105 ] }, { "date": "2024-08-16", "close": 11.587656, "volume": 11572600, "typical_volume": 24985635.15, "trend": 13.101614, "fair_value": 21.666144, "relative_strength": -22.918379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.046653, "energy": 31.989767, "activity_lines": [ 11.477297, 11.642412, 11.89305, 12.441391 ] }, { "date": "2024-08-23", "close": 11.438074, "volume": 18593365, "typical_volume": 24539058.4, "trend": 12.949778, "fair_value": 21.624645, "relative_strength": -21.413838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.833616, "energy": 30.773916, "activity_lines": [ 11.479957, 11.587112, 11.801738, 12.334066 ] }, { "date": "2024-08-30", "close": 11.627545, "volume": 19143472, "typical_volume": 23496510.6, "trend": 12.821155, "fair_value": 21.59007, "relative_strength": -20.755307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.244627, "energy": 27.274359, "activity_lines": [ 11.509873, 11.559553, 11.752102, 12.24876 ] }, { "date": "2024-09-06", "close": 12.016459, "volume": 38880393, "typical_volume": 24119532.75, "trend": 12.810858, "fair_value": 21.550186, "relative_strength": -14.924814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.820648, "energy": 18.008511, "activity_lines": [ 11.683389, 11.614309, 11.750591, 12.196844 ] }, { "date": "2024-09-13", "close": 12.11618, "volume": 48400335, "typical_volume": 25314780.5, "trend": 12.851265, "fair_value": 21.512082, "relative_strength": -11.588824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.889956, "energy": 14.208604, "activity_lines": [ 11.866212, 11.697712, 11.761847, 12.152027 ] }, { "date": "2024-09-20", "close": 12.913954, "volume": 31867992, "typical_volume": 26412775.95, "trend": 12.775793, "fair_value": 21.47351, "relative_strength": -5.744306, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.556031, "energy": 9.166129, "activity_lines": [ 12.251802, 11.936319, 11.856183, 12.156071 ] }, { "date": "2024-09-27", "close": 14.00092, "volume": 57949178, "typical_volume": 28520469.75, "trend": 12.766042, "fair_value": 21.440384, "relative_strength": -12.206505, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.272767, "energy": 37.00581, "activity_lines": [ 12.911295, 12.349892, 12.056586, 12.235111 ] }, { "date": "2024-10-04", "close": 16.334406, "volume": 17422014, "typical_volume": 28698741.45, "trend": 12.827779, "fair_value": 21.404834, "relative_strength": -6.355832, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 60.495533, "energy": 72.373596, "activity_lines": [ 14.177759, 13.131347, 12.472903, 12.465328 ] }, { "date": "2024-10-11", "close": 14.928332, "volume": 54870701, "typical_volume": 30831405.45, "trend": 12.816802, "fair_value": 21.363442, "relative_strength": -9.246255, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.073604, "energy": 65.84358, "activity_lines": [ 14.661742, 13.57538, 12.738064, 12.600848 ] }, { "date": "2024-10-18", "close": 15.456857, "volume": 38692741, "typical_volume": 32143892.45, "trend": 12.791305, "fair_value": 21.330894, "relative_strength": -7.490232, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.45299, "energy": 69.860643, "activity_lines": [ 15.127775, 14.056039, 13.039651, 12.771174 ] }, { "date": "2024-10-25", "close": 15.805883, "volume": 45799058, "typical_volume": 33504217.8, "trend": 12.819189, "fair_value": 21.29849, "relative_strength": -6.392201, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.198233, "energy": 80.83878, "activity_lines": [ 15.487438, 14.522193, 13.359235, 12.965663 ] }, { "date": "2024-11-01", "close": 15.277357, "volume": 63083637, "typical_volume": 36182971.5, "trend": 12.781745, "fair_value": 21.274624, "relative_strength": -6.963758, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.322406, "energy": 55.709597, "activity_lines": [ 15.478131, 14.815555, 13.604408, 13.124255 ] }, { "date": "2024-11-08", "close": 16.823044, "volume": 34660526, "typical_volume": 35785632.75, "trend": 12.877329, "fair_value": 21.257875, "relative_strength": -2.567209, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.673908, "energy": 61.778605, "activity_lines": [ 15.898956, 15.320147, 13.97675, 13.384984 ] }, { "date": "2024-11-15", "close": 18.348785, "volume": 82505090, "typical_volume": 36303242.05, "trend": 13.065519, "fair_value": 21.247101, "relative_strength": 10.547329, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.466987, "energy": 69.006828, "activity_lines": [ 16.795786, 16.007683, 14.472699, 13.737981 ] }, { "date": "2024-11-22", "close": 15.895632, "volume": 56650989, "typical_volume": 36972669.4, "trend": 13.141787, "fair_value": 21.215018, "relative_strength": -0.793987, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.357582, "energy": 49.785211, "activity_lines": [ 16.646869, 16.134057, 14.707614, 13.920569 ] }, { "date": "2024-11-29", "close": 16.952681, "volume": 39325564, "typical_volume": 37590364.6, "trend": 13.258591, "fair_value": 21.202779, "relative_strength": 4.589989, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.652896, "energy": 49.676133, "activity_lines": [ 16.821049, 16.383905, 15.027863, 14.166433 ] }, { "date": "2024-12-06", "close": 17.381485, "volume": 40456640, "typical_volume": 38797794.45, "trend": 13.415531, "fair_value": 21.190752, "relative_strength": 5.924937, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.433804, "energy": 49.521504, "activity_lines": [ 17.061711, 16.638286, 15.363783, 14.432426 ] }, { "date": "2024-12-13", "close": 17.142153, "volume": 42520572, "typical_volume": 39468574.45, "trend": 13.563169, "fair_value": 21.165201, "relative_strength": 5.682973, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.946167, "energy": 42.311527, "activity_lines": [ 17.08232, 16.787688, 15.646043, 14.672853 ] }, { "date": "2024-12-20", "close": 17.012514, "volume": 30648289, "typical_volume": 39473984.6, "trend": 13.73001, "fair_value": 21.134569, "relative_strength": 6.055104, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.255864, "energy": 40.337082, "activity_lines": [ 17.038442, 16.898832, 15.890693, 14.895391 ] }, { "date": "2024-12-27", "close": 15.217525, "volume": 26051513, "typical_volume": 39954733.45, "trend": 13.828734, "fair_value": 21.083359, "relative_strength": -4.640113, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.0641, "energy": 27.524609, "activity_lines": [ 16.485319, 16.64572, 15.938892, 14.99136 ] }, { "date": "2025-01-03", "close": 13.641923, "volume": 18540650, "typical_volume": 40303135.95, "trend": 13.925132, "fair_value": 21.004541, "relative_strength": -7.305243, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.653227, "energy": 14.719135, "activity_lines": [ 15.452203, 16.110487, 15.817754, 14.979308 ] }, { "date": "2025-01-10", "close": 13.163259, "volume": 18827454, "typical_volume": 40314840.4, "trend": 13.994937, "fair_value": 20.93496, "relative_strength": -8.93072, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.991648, "energy": 21.50644, "activity_lines": [ 14.48025, 15.527569, 15.641247, 14.930155 ] }, { "date": "2025-01-17", "close": 13.891227, "volume": 17723575, "typical_volume": 40243845.55, "trend": 14.049119, "fair_value": 20.870554, "relative_strength": -6.689378, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.787066, "energy": 30.960242, "activity_lines": [ 14.032167, 15.115446, 15.525855, 14.923464 ] }, { "date": "2025-01-24", "close": 14.91836, "volume": 21448190, "typical_volume": 39372235.4, "trend": 14.12657, "fair_value": 20.827576, "relative_strength": -0.585583, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.055765, "energy": 22.323766, "activity_lines": [ 14.14319, 14.943381, 15.497505, 14.979544 ] }, { "date": "2025-01-31", "close": 14.768777, "volume": 4741795, "typical_volume": 37189308.4, "trend": 14.196375, "fair_value": 20.77793, "relative_strength": 0.15566, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.973032, "energy": 22.557981, "activity_lines": [ 14.343963, 14.80649, 15.441091, 15.020977 ] }, { "date": "2025-02-07", "close": 15.526662, "volume": 15517610, "typical_volume": 36371789.3, "trend": 14.325016, "fair_value": 20.726418, "relative_strength": 1.197444, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.94315, "energy": 8.909945, "activity_lines": [ 14.827281, 14.827885, 15.444225, 15.106802 ] }, { "date": "2025-02-14", "close": 17.521095, "volume": 55660853, "typical_volume": 36257373.05, "trend": 14.545733, "fair_value": 20.695494, "relative_strength": 11.77033, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.191467, "energy": 32.431971, "activity_lines": [ 15.84976, 15.237832, 15.624864, 15.313 ] }, { "date": "2025-02-21", "close": 17.461264, "volume": 58113149, "typical_volume": 38291929.8, "trend": 14.73321, "fair_value": 20.658667, "relative_strength": 9.059212, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.641312, "energy": 41.648944, "activity_lines": [ 16.561773, 15.634362, 15.783042, 15.501099 ] }, { "date": "2025-02-28", "close": 16.194798, "volume": 34876230, "typical_volume": 37292206.25, "trend": 14.884454, "fair_value": 20.63161, "relative_strength": 4.757135, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.918167, "energy": 39.866646, "activity_lines": [ 16.613629, 15.794823, 15.815238, 15.595395 ] }, { "date": "2025-03-07", "close": 17.31168, "volume": 30247906, "typical_volume": 36869964.5, "trend": 15.089216, "fair_value": 20.583992, "relative_strength": 9.507567, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.938327, "energy": 60.586824, "activity_lines": [ 16.952682, 16.173221, 15.947773, 15.75199 ] }, { "date": "2025-03-14", "close": 16.962654, "volume": 29418850, "typical_volume": 36050954.1, "trend": 15.268383, "fair_value": 20.530013, "relative_strength": 6.043415, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.931465, "energy": 52.56346, "activity_lines": [ 17.005867, 16.450085, 16.038234, 15.872857 ] }, { "date": "2025-03-21", "close": 15.74605, "volume": 22069008, "typical_volume": 34000222.65, "trend": 15.411982, "fair_value": 20.485933, "relative_strength": 1.413546, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.537376, "energy": 26.631224, "activity_lines": [ 16.557784, 16.445371, 16.007321, 15.903674 ] }, { "date": "2025-03-28", "close": 14.649111, "volume": 21756350, "typical_volume": 33355013.85, "trend": 15.512701, "fair_value": 20.431904, "relative_strength": -4.671195, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.35546, "energy": 6.245272, "activity_lines": [ 15.862392, 16.194253, 15.869705, 15.854457 ] }, { "date": "2025-04-04", "close": 14.718917, "volume": 12681357, "typical_volume": 29863827.2, "trend": 15.602783, "fair_value": 20.380353, "relative_strength": -1.594765, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.394018, "energy": 21.111064, "activity_lines": [ 15.377744, 15.942048, 15.749089, 15.803245 ] }, { "date": "2025-04-11", "close": 13.322813, "volume": 31628152, "typical_volume": 28612685.35, "trend": 15.643004, "fair_value": 20.313508, "relative_strength": -5.919114, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.692635, "energy": 40.374709, "activity_lines": [ 14.526121, 15.439632, 15.512796, 15.65615 ] }, { "date": "2025-04-18", "close": 13.971004, "volume": 32104855, "typical_volume": 28251649.9, "trend": 15.678239, "fair_value": 20.247711, "relative_strength": -0.887928, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.852991, "energy": 63.827034, "activity_lines": [ 14.156486, 15.08136, 15.350487, 15.548279 ] }, { "date": "2025-04-25", "close": 13.781532, "volume": 36825869, "typical_volume": 28070111.35, "trend": 15.670926, "fair_value": 20.178097, "relative_strength": -3.504988, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.612823, "energy": 68.078223, "activity_lines": [ 13.923137, 14.716922, 15.184332, 15.425911 ] }, { "date": "2025-05-02", "close": 13.980977, "volume": 15031850, "typical_volume": 26695675.25, "trend": 15.592478, "fair_value": 20.121308, "relative_strength": -1.950456, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.578785, "energy": 62.667197, "activity_lines": [ 13.887238, 14.456739, 15.054314, 15.316882 ] }, { "date": "2025-05-09", "close": 14.330002, "volume": 18099900, "typical_volume": 26068255.8, "trend": 15.572534, "fair_value": 20.077984, "relative_strength": -1.903175, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.391597, "energy": 41.879451, "activity_lines": [ 14.012222, 14.323293, 14.97259, 15.235432 ] }, { "date": "2025-05-16", "close": 14.18042, "volume": 16394775, "typical_volume": 25585418.9, "trend": 15.529986, "fair_value": 20.031481, "relative_strength": -3.537962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.781316, "energy": 34.673344, "activity_lines": [ 14.113274, 14.196556, 14.889393, 15.145618 ] }, { "date": "2025-05-23", "close": 13.791505, "volume": 16583570, "typical_volume": 25487564.9, "trend": 15.46284, "fair_value": 19.997075, "relative_strength": -5.8558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.499438, "energy": 34.33456, "activity_lines": [ 14.027513, 14.056039, 14.774096, 15.033458 ] }, { "date": "2025-05-30", "close": 14.819685, "volume": 27341085, "typical_volume": 25913246.45, "trend": 15.447584, "fair_value": 19.9711, "relative_strength": 1.860986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.817245, "energy": 21.961557, "activity_lines": [ 14.296446, 14.160122, 14.756008, 14.991964 ] }, { "date": "2025-06-06", "close": 15.23911, "volume": 30734408, "typical_volume": 26563788.1, "trend": 15.394787, "fair_value": 19.944008, "relative_strength": 2.815221, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.628427, "energy": 14.862333, "activity_lines": [ 14.635976, 14.357306, 14.769978, 14.978514 ] }, { "date": "2025-06-13", "close": 18.434729, "volume": 64073210, "typical_volume": 28695039.1, "trend": 15.397651, "fair_value": 19.936829, "relative_strength": 24.107536, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.832739, "energy": 33.54489, "activity_lines": [ 15.956838, 15.124785, 15.081874, 15.17464 ] }, { "date": "2025-06-20", "close": 17.67577, "volume": 197247344, "typical_volume": 38320316.55, "trend": 15.456989, "fair_value": 19.921867, "relative_strength": 19.741576, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.473487, "energy": 41.742955, "activity_lines": [ 16.751065, 15.68671, 15.304744, 15.321615 ] }, { "date": "2025-06-27", "close": 19.6231, "volume": 151013960, "typical_volume": 45095134.05, "trend": 15.546003, "fair_value": 19.917675, "relative_strength": 27.373278, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 79.707683, "energy": 77.648121, "activity_lines": [ 17.961378, 16.523552, 15.699231, 15.590396 ] }, { "date": "2025-07-04", "close": 22.389309, "volume": 138698516, "typical_volume": 49247017.2, "trend": 15.712931, "fair_value": 19.927472, "relative_strength": 42.287521, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.180389, "energy": 88.737309, "activity_lines": [ 19.704988, 17.760575, 16.337659, 16.0319 ] }, { "date": "2025-07-11", "close": 20.581787, "volume": 122984581, "typical_volume": 52490588.8, "trend": 15.827585, "fair_value": 19.925049, "relative_strength": 27.516243, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.99785, "energy": 84.520195, "activity_lines": [ 20.341449, 18.512452, 16.78076, 16.34602 ] }, { "date": "2025-07-18", "close": 20.322142, "volume": 64105285, "typical_volume": 53952041.55, "trend": 15.937906, "fair_value": 19.914173, "relative_strength": 22.400704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.875243, "energy": 82.368345, "activity_lines": [ 20.535184, 19.097107, 17.184274, 16.635991 ] }, { "date": "2025-07-25", "close": 18.554565, "volume": 51022880, "typical_volume": 54990790.25, "trend": 16.049141, "fair_value": 19.891653, "relative_strength": 8.818473, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.570913, "energy": 64.21049, "activity_lines": [ 20.013898, 19.251436, 17.399793, 16.804808 ] }, { "date": "2025-08-01", "close": 18.384798, "volume": 36380418, "typical_volume": 55338868.65, "trend": 16.207237, "fair_value": 19.871988, "relative_strength": 9.131558, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.06869, "energy": 40.809811, "activity_lines": [ 19.377437, 19.295368, 17.593226, 16.955495 ] }, { "date": "2025-08-08", "close": 18.774263, "volume": 30115317, "typical_volume": 55741184.1, "trend": 16.39427, "fair_value": 19.860035, "relative_strength": 9.577979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.305644, "energy": 27.960425, "activity_lines": [ 18.953352, 19.326598, 17.816978, 17.12111 ] }, { "date": "2025-08-15", "close": 19.313524, "volume": 56674692, "typical_volume": 57487101.2, "trend": 16.575013, "fair_value": 19.849886, "relative_strength": 7.457517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.512555, "energy": 22.64064, "activity_lines": [ 18.950023, 19.383973, 18.077668, 17.309449 ] }, { "date": "2025-08-22", "close": 19.772894, "volume": 65106482, "typical_volume": 60108357.45, "trend": 16.736831, "fair_value": 19.838928, "relative_strength": 4.91138, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.546031, "energy": 25.805315, "activity_lines": [ 19.184368, 19.450791, 18.359896, 17.515764 ] }, { "date": "2025-08-29", "close": 20.471937, "volume": 149045715, "typical_volume": 65979235.6, "trend": 16.926937, "fair_value": 19.833088, "relative_strength": 3.802178, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.1656, "energy": 34.330555, "activity_lines": [ 19.688344, 19.620377, 18.684633, 17.756738 ] }, { "date": "2025-09-05", "close": 18.73432, "volume": 55301501, "typical_volume": 67139067.9, "trend": 17.033859, "fair_value": 19.813565, "relative_strength": -4.223631, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.621599, "energy": 28.795719, "activity_lines": [ 19.485289, 19.423193, 18.80984, 17.873344 ] }, { "date": "2025-09-12", "close": 18.654428, "volume": 33021157, "typical_volume": 66948832.3, "trend": 17.071636, "fair_value": 19.800271, "relative_strength": -7.008018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.423735, "energy": 25.542396, "activity_lines": [ 19.232303, 19.227642, 18.904755, 17.977896 ] }, { "date": "2025-09-19", "close": 17.775633, "volume": 33464734, "typical_volume": 67870476.5, "trend": 17.082115, "fair_value": 19.782299, "relative_strength": -12.123003, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.586633, "energy": 13.746219, "activity_lines": [ 18.694374, 18.940218, 18.892771, 18.023316 ] }, { "date": "2025-09-26", "close": 18.235003, "volume": 31236164, "typical_volume": 68527289.7, "trend": 17.150122, "fair_value": 19.764536, "relative_strength": -10.693825, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.522297, "energy": 15.10392, "activity_lines": [ 18.412094, 18.787337, 18.906467, 18.097695 ] }, { "date": "2025-10-03", "close": 17.625837, "volume": 10167434, "typical_volume": 68215922.65, "trend": 17.160594, "fair_value": 19.742678, "relative_strength": -15.442395, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.299344, "energy": 14.216854, "activity_lines": [ 18.029285, 18.561646, 18.843552, 18.128387 ] }, { "date": "2025-10-10", "close": 17.466057, "volume": 7869360, "typical_volume": 67780212.15, "trend": 17.177374, "fair_value": 19.717505, "relative_strength": -14.948676, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.238443, "energy": 19.139103, "activity_lines": [ 17.782956, 18.32379, 18.749013, 18.148094 ] }, { "date": "2025-10-17", "close": 16.796974, "volume": 24213762, "typical_volume": 67623846.0, "trend": 17.212405, "fair_value": 19.694086, "relative_strength": -13.728777, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.674247, "energy": 31.080865, "activity_lines": [ 17.39815, 17.980987, 18.573254, 18.123552 ] }, { "date": "2025-10-24", "close": 17.795605, "volume": 16092921, "typical_volume": 66891771.65, "trend": 17.317288, "fair_value": 19.685528, "relative_strength": -12.564486, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.959828, "energy": 25.867766, "activity_lines": [ 17.470051, 17.855705, 18.483187, 18.161178 ] }, { "date": "2025-10-31", "close": 18.744305, "volume": 34155217, "typical_volume": 65395872.0, "trend": 17.451468, "fair_value": 19.676691, "relative_strength": -8.447053, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.077039, "energy": 12.374148, "activity_lines": [ 17.856855, 17.930511, 18.471298, 18.253244 ] }, { "date": "2025-11-07", "close": 18.86414, "volume": 26376502, "typical_volume": 56852329.9, "trend": 17.636179, "fair_value": 19.623971, "relative_strength": -7.923881, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.880543, "energy": 12.905198, "activity_lines": [ 18.249649, 18.045808, 18.469348, 18.344384 ] }, { "date": "2025-11-14", "close": 18.874126, "volume": 40961452, "typical_volume": 51349704.5, "trend": 17.799616, "fair_value": 19.562092, "relative_strength": -6.235415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.584361, "energy": 21.535246, "activity_lines": [ 18.563219, 18.192152, 18.462691, 18.424251 ] }, { "date": "2025-11-21", "close": 18.105181, "volume": 25332641, "typical_volume": 45681410.75, "trend": 17.943738, "fair_value": 19.498146, "relative_strength": -5.097607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.83656, "energy": 16.359348, "activity_lines": [ 18.526603, 18.196147, 18.386367, 18.443965 ] }, { "date": "2025-11-28", "close": 18.86414, "volume": 21384835, "typical_volume": 40601423.45, "trend": 18.10651, "fair_value": 19.443518, "relative_strength": -4.341039, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 30.323441, "energy": 20.570868, "activity_lines": [ 18.655759, 18.34812, 18.402725, 18.503346 ] }, { "date": "2025-12-05", "close": 18.065235, "volume": 18805186, "typical_volume": 38336418.5, "trend": 18.231017, "fair_value": 19.382369, "relative_strength": -9.260226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.37796, "energy": 10.197937, "activity_lines": [ 18.447378, 18.335047, 18.351177, 18.500683 ] }, { "date": "2025-12-12", "close": 17.496017, "volume": 16705000, "typical_volume": 36620524.5, "trend": 18.341537, "fair_value": 19.325967, "relative_strength": -12.541229, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.765199, "energy": 17.603755, "activity_lines": [ 18.094529, 18.221567, 18.256164, 18.453264 ] }, { "date": "2025-12-19", "close": 17.955385, "volume": 15970286, "typical_volume": 35600017.9, "trend": 18.480333, "fair_value": 19.257435, "relative_strength": -9.170148, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.757242, "energy": 29.818091, "activity_lines": [ 17.986011, 18.193968, 18.209942, 18.428351 ] }, { "date": "2025-12-26", "close": 18.225018, "volume": 14019120, "typical_volume": 34795208.05, "trend": 18.593844, "fair_value": 19.203099, "relative_strength": -10.848426, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.195884, "energy": 27.086096, "activity_lines": [ 18.028619, 18.206497, 18.191444, 18.411879 ] }, { "date": "2026-01-02", "close": 18.704359, "volume": 11437000, "typical_volume": 32533323.45, "trend": 18.709353, "fair_value": 19.156605, "relative_strength": -7.975457, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.015074, "energy": 15.016731, "activity_lines": [ 18.223019, 18.280214, 18.221212, 18.419009 ] }, { "date": "2026-01-09", "close": 19.433359, "volume": 22873475, "typical_volume": 30421673.1, "trend": 18.74264, "fair_value": 19.121145, "relative_strength": -8.456715, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -0.08181, "energy": 8.083928, "activity_lines": [ 18.671071, 18.469953, 18.32331, 18.465719 ] }, { "date": "2026-01-16", "close": 19.912704, "volume": 52662299, "typical_volume": 25602502.3, "trend": 18.817205, "fair_value": 19.088631, "relative_strength": -7.288065, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.122892, "energy": 34.292473, "activity_lines": [ 19.187697, 18.734318, 18.472677, 18.541207 ] }, { "date": "2026-01-23", "close": 20.282196, "volume": 20171878, "typical_volume": 23846021.15, "trend": 18.839175, "fair_value": 19.053842, "relative_strength": -6.551299, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.672236, "energy": 53.056716, "activity_lines": [ 19.666374, 19.046799, 18.659896, 18.635722 ] }, { "date": "2026-01-30", "close": 19.503265, "volume": 23612685, "typical_volume": 23375597.55, "trend": 18.742973, "fair_value": 19.017304, "relative_strength": -8.566357, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.063358, "energy": 52.233583, "activity_lines": [ 19.730287, 19.192055, 18.765561, 18.678567 ] }, { "date": "2026-02-06", "close": 19.832813, "volume": 18613194, "typical_volume": 22633020.55, "trend": 18.718007, "fair_value": 18.966023, "relative_strength": -4.970172, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.369563, "energy": 60.009942, "activity_lines": [ 19.818832, 19.371808, 18.898569, 18.748879 ] }, { "date": "2026-02-13", "close": 20.022552, "volume": 22533595, "typical_volume": 22197892.1, "trend": 18.708021, "fair_value": 18.908389, "relative_strength": -5.122113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.702687, "energy": 52.070214, "activity_lines": [ 19.895394, 19.568448, 19.039852, 18.833043 ] }, { "date": "2026-02-27", "close": 20.531855, "volume": 22172236, "typical_volume": 22798132.2, "trend": 18.773931, "fair_value": 18.855164, "relative_strength": -5.149504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.374236, "energy": 47.157158, "activity_lines": [ 20.102443, 19.8221, 19.221127, 18.95071 ] }, { "date": "2026-03-06", "close": 18.664415, "volume": 31909040, "typical_volume": 24000116.2, "trend": 18.783251, "fair_value": 18.794803, "relative_strength": -11.576409, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.861648, "energy": 22.835706, "activity_lines": [ 19.645736, 19.681021, 19.210713, 18.943644 ] }, { "date": "2026-03-13", "close": 18.86414, "volume": 21192440, "typical_volume": 23849050.1, "trend": 18.786247, "fair_value": 18.731842, "relative_strength": -10.990351, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.151622, "energy": 16.314741, "activity_lines": [ 19.363456, 19.563364, 19.213614, 18.948863 ] }, { "date": "2026-03-20", "close": 17.466057, "volume": 18208800, "typical_volume": 23954844.05, "trend": 18.724665, "fair_value": 18.655912, "relative_strength": -14.807947, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.630689, "energy": 15.352162, "activity_lines": [ 18.657757, 19.17989, 19.07352, 18.863689 ] }, { "date": "2026-03-27", "close": 16.717083, "volume": 22520290, "typical_volume": 23373097.7, "trend": 18.622805, "fair_value": 18.579697, "relative_strength": -17.556897, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.195663, "energy": 34.22108, "activity_lines": [ 17.860183, 18.682753, 18.863665, 18.734168 ] }, { "date": "2026-04-03", "close": 15.878234, "volume": 17527170, "typical_volume": 22930631.1, "trend": 18.469681, "fair_value": 18.497532, "relative_strength": -19.101661, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.280485, "energy": 58.543202, "activity_lines": [ 17.003358, 18.082485, 18.583573, 18.557099 ] }, { "date": "2026-04-10", "close": 17.236372, "volume": 12443862, "typical_volume": 21504751.6, "trend": 18.41975, "fair_value": 18.402256, "relative_strength": -17.820965, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.927391, "energy": 56.812214, "activity_lines": [ 16.909487, 17.802505, 18.447046, 18.477531 ] }, { "date": "2026-04-17", "close": 16.9967, "volume": 14279471, "typical_volume": 20952093.1, "trend": 18.364492, "fair_value": 18.305635, "relative_strength": -21.880962, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.497949, "energy": 56.378451, "activity_lines": [ 16.830928, 17.534327, 18.295491, 18.385721 ] }, { "date": "2026-04-24", "close": 16.767017, "volume": 13439210, "typical_volume": 20554811.85, "trend": 18.330871, "fair_value": 18.200672, "relative_strength": -22.909305, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.529081, "energy": 59.032091, "activity_lines": [ 16.800303, 17.269962, 18.127341, 18.282658 ] }, { "date": "2026-05-01", "close": 16.577276, "volume": 24420780, "typical_volume": 20835591.55, "trend": 18.275614, "fair_value": 18.104479, "relative_strength": -24.333208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.299954, "energy": 40.60349, "activity_lines": [ 16.753035, 17.026841, 17.951107, 18.169523 ] }, { "date": "2026-05-08", "close": 17.076591, "volume": 15763194, "typical_volume": 20788501.25, "trend": 18.257306, "fair_value": 18.035784, "relative_strength": -24.021631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.081763, "energy": 36.505786, "activity_lines": [ 16.881525, 16.937146, 17.829511, 18.092167 ] }, { "date": "2026-05-15", "close": 15.548685, "volume": 22155505, "typical_volume": 21097762.2, "trend": 18.193393, "fair_value": 17.966073, "relative_strength": -30.423578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.975847, "energy": 45.688465, "activity_lines": [ 16.420823, 16.632473, 17.564399, 17.917417 ] }, { "date": "2026-05-22", "close": 15.319, "volume": 18216366, "typical_volume": 21307624.5, "trend": 18.144128, "fair_value": 17.887065, "relative_strength": -31.230907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.249954, "energy": 55.252884, "activity_lines": [ 15.996072, 16.342688, 17.288871, 17.731972 ] }, { "date": "2026-05-29", "close": 13.900945, "volume": 19419217, "typical_volume": 21706735.35, "trend": 18.014305, "fair_value": 17.797759, "relative_strength": -37.111096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.554967, "energy": 75.386545, "activity_lines": [ 15.210483, 15.859532, 16.89213, 17.458218 ] }, { "date": "2026-06-05", "close": 13.95, "volume": 4172674, "typical_volume": 20771695.3, "trend": 17.854495, "fair_value": 17.709085, "relative_strength": -35.320693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.259494, "energy": 86.053246, "activity_lines": [ 14.632316, 15.450116, 16.522933, 17.196005 ] }, { "date": "2026-06-12", "close": 13.32, "volume": 3320090, "typical_volume": 18304584.85, "trend": 17.669691, "fair_value": 17.619554, "relative_strength": -36.264186, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.751643, "energy": 90.619966, "activity_lines": [ 14.019301, 14.976465, 16.119848, 16.903457 ] }, { "date": "2026-06-19", "close": 12.71, "volume": 15170738, "typical_volume": 18054527.85, "trend": 17.46422, "fair_value": 17.518161, "relative_strength": -42.41671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.47956, "energy": 92.293512, "activity_lines": [ 13.453393, 14.438418, 15.690061, 16.583477 ] }, { "date": "2026-06-26", "close": 11.72, "volume": 4252400, "typical_volume": 17086513.6, "trend": 17.25138, "fair_value": 17.41125, "relative_strength": -45.283336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.190083, "energy": 94.267528, "activity_lines": [ 12.74673, 13.802668, 15.202047, 16.212882 ] }, { "date": "2026-07-03", "close": 12.29, "volume": 4611501, "typical_volume": 16386428.95, "trend": 17.032242, "fair_value": 17.301558, "relative_strength": -41.021111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.163209, "energy": 89.114011, "activity_lines": [ 12.47, 13.366495, 14.805382, 15.892793 ] }, { "date": "2026-07-10", "close": 11.94, "volume": 17227401, "typical_volume": 16121119.25, "trend": 16.828068, "fair_value": 17.197141, "relative_strength": -39.437525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.699607, "energy": 88.795524, "activity_lines": [ 12.184, 12.948086, 14.411301, 15.564261 ] }, { "date": "2026-07-17", "close": 11.68, "volume": 19462620, "typical_volume": 15985638.45, "trend": 16.634201, "fair_value": 17.097939, "relative_strength": -33.925788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.686032, "energy": 82.760391, "activity_lines": [ 11.945333, 12.566719, 14.030947, 15.232128 ] }, { "date": "2026-07-24", "close": 11.1, "volume": 24181000, "typical_volume": 15599236.45, "trend": 16.405688, "fair_value": 16.995783, "relative_strength": -36.516068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.014853, "energy": 70.116432, "activity_lines": [ 11.622667, 12.178016, 13.637506, 14.875083 ] }, { "date": "2026-07-31", "close": 12.72, "volume": 24459978, "typical_volume": 15762613.35, "trend": 16.222187, "fair_value": 16.896684, "relative_strength": -25.382936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.92125, "energy": 63.02921, "activity_lines": [ 11.947333, 12.164744, 13.434373, 14.637296 ] }, { "date": "2026-08-07", "close": 12.93, "volume": 25614305, "typical_volume": 16132888.6, "trend": 16.029709, "fair_value": 16.802755, "relative_strength": -27.173031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.951533, "energy": 50.221042, "activity_lines": [ 12.275333, 12.236909, 13.280497, 14.424897 ] } ], "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." } } }