{ "ticker": { "uuid": "298cde6a-f4f1-44dd-bf54-fded752cf94e", "symbol": "300965", "name": "Beijing Hengyu Datacom Aviation Equipment 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -62.05, "architecture_energy": 50.963, "architecture_maturity": 41.811, "architecture_confidence": 89.836, "architecture_tenure": "Developing", "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": 12.38, "rotation_up": 18.18, "upward_expansion": 7.41, "deceleration": 56.42, "rotation_down": 60.9, "downward_expansion": 80.74 }, "activity_lines": [ 40.509999, 41.622696, 48.390816, 51.290955 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 43.5, "trend_reference": 55.200775, "distance_from_trend": -0.211968, "trend_direction": "Weakening", "fair_value": 45.795566, "distance_from_fair_value": -0.050126, "fair_value_direction": "Weakening", "relative_strength": -29.624319, "relative_strength_direction": "Weakening", "price_momentum": -0.275242, "excess_performance": -0.282641, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.211968, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.103012, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.050126, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.488004, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.296243, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.192449, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.275242, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.549035, "read": "Supply-led" } ], "volume": { "latest": 4630071, "relative_activity": 0.828349, "balance": 0.549035, "dry_up": 1.109018, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.182517, "annualized_volatility": 0.592589, "from_high_reference": -0.537847, "from_low_reference": 0.317783 }, "levels": { "trend_reference": 55.200775, "fair_value_reference": 45.795566, "structural_low": 33.009998, "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": 14, "median_return": 0.038307, "positive_rate": 0.642857, "directional_follow_through": 0.357143, "median_excess_return": 0.007698, "regime_survival": 0.785714, "best_return": 0.452708, "worst_return": -0.20124, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.111964, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.040111, "regime_survival": 0.6, "best_return": 0.327433, "worst_return": -0.100769, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.054015, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.066035, "regime_survival": 0.333333, "best_return": 0.353415, "worst_return": 0.04325, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.36908, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.308514, "regime_survival": 0.0, "best_return": 0.41195, "worst_return": 0.32621, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-11-10", "end": "2024-01-19", "tenure": "Developing", "return": -0.166787, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-01-26", "end": "2024-02-02", "tenure": "New", "return": -0.318303, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-09", "end": "2024-10-18", "tenure": "Extended", "return": 0.291431, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": -0.072566, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-17", "tenure": "Developing", "return": 0.02811, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": 0.044285, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-05-30", "tenure": "Established", "return": 0.185062, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-06", "end": "2025-06-20", "tenure": "New", "return": 0.003721, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-09-19", "tenure": "Established", "return": 0.128579, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2026-01-23", "tenure": "Established", "return": 0.111262, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.064978, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.257006, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-12", "tenure": "Developing", "return": -0.262748, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.069718, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 48.205414, "volume": 3367751, "typical_volume": 2945626.25, "trend": 46.897525, "fair_value": 57.527215, "relative_strength": 8.474528, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.32013, "energy": 28.876389, "activity_lines": [ 48.178064, 47.159826, 46.21278, 46.68254 ] }, { "date": "2023-08-04", "close": 45.037769, "volume": 2111497, "typical_volume": 2908346.35, "trend": 46.978089, "fair_value": 57.423136, "relative_strength": 0.05407, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.668402, "energy": 14.023365, "activity_lines": [ 47.20611, 46.914196, 46.075033, 46.562556 ] }, { "date": "2023-08-11", "close": 45.44236, "volume": 1461725, "typical_volume": 2538208.05, "trend": 47.027803, "fair_value": 57.324122, "relative_strength": 4.858919, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.220574, "energy": 17.508589, "activity_lines": [ 46.475874, 46.739923, 45.996211, 46.463476 ] }, { "date": "2023-08-18", "close": 49.379715, "volume": 5098593, "typical_volume": 2590652.95, "trend": 47.264592, "fair_value": 57.259004, "relative_strength": 17.366583, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.755883, "energy": 5.895596, "activity_lines": [ 47.085062, 47.276269, 46.329609, 46.615213 ] }, { "date": "2023-08-25", "close": 47.78109, "volume": 8563871, "typical_volume": 2873052.25, "trend": 47.241525, "fair_value": 57.181947, "relative_strength": 16.863046, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.964663, "energy": 3.210402, "activity_lines": [ 47.402156, 47.427371, 46.511647, 46.648535 ] }, { "date": "2023-09-01", "close": 48.93565, "volume": 6561558, "typical_volume": 3106024.9, "trend": 47.213922, "fair_value": 57.115445, "relative_strength": 15.456282, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.140015, "energy": 14.837992, "activity_lines": [ 47.99095, 47.734875, 46.799901, 46.757833 ] }, { "date": "2023-09-08", "close": 56.563652, "volume": 11865628, "typical_volume": 3555827.75, "trend": 47.470798, "fair_value": 57.111031, "relative_strength": 34.601675, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 46.897364, "energy": 51.466682, "activity_lines": [ 51.073728, 49.358362, 47.807878, 47.361042 ] }, { "date": "2023-09-15", "close": 57.037315, "volume": 16282430, "typical_volume": 4187484.25, "trend": 47.760213, "fair_value": 57.110446, "relative_strength": 36.426316, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.605004, "energy": 65.021939, "activity_lines": [ 53.546002, 50.88755, 48.82563, 47.978236 ] }, { "date": "2023-09-22", "close": 57.037315, "volume": 0, "typical_volume": 4153695.1, "trend": 47.914323, "fair_value": 57.10987, "relative_strength": 34.706522, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.092291, "energy": 71.133371, "activity_lines": [ 55.245279, 52.213277, 49.775014, 48.576759 ] }, { "date": "2023-09-29", "close": 57.037315, "volume": 0, "typical_volume": 4101862.5, "trend": 48.133786, "fair_value": 57.109303, "relative_strength": 34.497842, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.451118, "energy": 74.060615, "activity_lines": [ 56.434049, 53.465442, 50.651666, 49.165339 ] }, { "date": "2023-10-13", "close": 54.590038, "volume": 15239850, "typical_volume": 4794582.4, "trend": 48.284153, "fair_value": 57.089774, "relative_strength": 28.26372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.657793, "energy": 53.428611, "activity_lines": [ 56.189978, 54.073493, 51.220261, 49.581872 ] }, { "date": "2023-10-20", "close": 54.708458, "volume": 15711743, "typical_volume": 5528373.65, "trend": 48.463755, "fair_value": 57.071456, "relative_strength": 33.891786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.43778, "energy": 36.943814, "activity_lines": [ 55.608422, 54.58699, 51.750925, 49.996343 ] }, { "date": "2023-10-27", "close": 58.211617, "volume": 11401539, "typical_volume": 6048939.8, "trend": 48.628765, "fair_value": 57.08016, "relative_strength": 38.048691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.974773, "energy": 37.376463, "activity_lines": [ 56.318265, 55.561595, 52.568596, 50.625237 ] }, { "date": "2023-11-03", "close": 53.701916, "volume": 7123230, "typical_volume": 6344495.5, "trend": 48.766606, "fair_value": 57.054567, "relative_strength": 25.308261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.046275, "energy": 24.738015, "activity_lines": [ 55.446588, 55.484086, 52.894586, 50.952537 ] }, { "date": "2023-11-10", "close": 54.668987, "volume": 4252861, "typical_volume": 6494279.65, "trend": 49.022396, "fair_value": 57.03663, "relative_strength": 25.020308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.360587, "energy": 22.510914, "activity_lines": [ 55.119627, 55.503822, 53.267325, 51.333336 ] }, { "date": "2023-11-17", "close": 57.343231, "volume": 5193789, "typical_volume": 6698186.1, "trend": 49.349922, "fair_value": 57.038918, "relative_strength": 30.004592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.274114, "energy": 25.051344, "activity_lines": [ 55.84197, 55.88455, 53.847937, 51.870164 ] }, { "date": "2023-11-24", "close": 55.359749, "volume": 5893009, "typical_volume": 6897756.8, "trend": 49.557145, "fair_value": 57.02648, "relative_strength": 26.272146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.599873, "energy": 19.602774, "activity_lines": [ 55.719605, 55.75178, 54.181034, 52.257895 ] }, { "date": "2023-12-01", "close": 54.570305, "volume": 2778950, "typical_volume": 6950434.3, "trend": 49.953489, "fair_value": 57.00842, "relative_strength": 24.997358, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.735393, "energy": 19.156509, "activity_lines": [ 55.290674, 55.497364, 54.397427, 52.581325 ] }, { "date": "2023-12-08", "close": 52.981552, "volume": 2565985, "typical_volume": 6540100.05, "trend": 50.327417, "fair_value": 56.979027, "relative_strength": 22.529988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.23453, "energy": 15.842345, "activity_lines": [ 54.574912, 54.998938, 54.420969, 52.776683 ] }, { "date": "2023-12-15", "close": 53.19865, "volume": 2052945, "typical_volume": 6376347.7, "trend": 50.724345, "fair_value": 56.951633, "relative_strength": 24.532556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.19458, "energy": 14.310437, "activity_lines": [ 53.97954, 54.613726, 54.465235, 52.961924 ] }, { "date": "2023-12-22", "close": 51.382927, "volume": 2436251, "typical_volume": 6329772.7, "trend": 50.961898, "fair_value": 56.91157, "relative_strength": 21.67169, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.063834, "energy": 10.400168, "activity_lines": [ 52.87695, 53.968177, 54.302694, 53.004413 ] }, { "date": "2023-12-29", "close": 52.379604, "volume": 2130932, "typical_volume": 6330744.45, "trend": 51.21067, "fair_value": 56.879199, "relative_strength": 19.365094, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.986745, "energy": 12.031626, "activity_lines": [ 52.503939, 53.562152, 54.219944, 53.095878 ] }, { "date": "2024-01-05", "close": 50.711899, "volume": 1821700, "typical_volume": 6348743.2, "trend": 51.39597, "fair_value": 56.835459, "relative_strength": 19.904576, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.921558, "energy": 12.940478, "activity_lines": [ 51.773703, 52.895251, 53.943403, 53.0637 ] }, { "date": "2024-01-12", "close": 53.090099, "volume": 2803988, "typical_volume": 6234012.95, "trend": 51.693055, "fair_value": 56.809083, "relative_strength": 26.141886, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.125289, "energy": 16.057502, "activity_lines": [ 52.093427, 52.797109, 53.868265, 53.172998 ] }, { "date": "2024-01-19", "close": 45.550911, "volume": 2520702, "typical_volume": 5931854.5, "trend": 51.716832, "fair_value": 56.730355, "relative_strength": 10.209088, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.58531, "energy": 44.242235, "activity_lines": [ 49.892852, 51.339329, 53.057441, 52.776731 ] }, { "date": "2024-01-26", "close": 44.425953, "volume": 2254361, "typical_volume": 5716494.65, "trend": 51.696541, "fair_value": 56.644907, "relative_strength": 7.165212, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.09147, "energy": 61.71849, "activity_lines": [ 47.827141, 49.842794, 52.150097, 52.306352 ] }, { "date": "2024-02-02", "close": 30.285042, "volume": 5302851, "typical_volume": 5388355.8, "trend": 51.151356, "fair_value": 56.463115, "relative_strength": -20.445651, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.815462, "energy": 91.740221, "activity_lines": [ 41.51159, 46.010045, 49.917475, 50.924965 ] }, { "date": "2024-02-09", "close": 24.413551, "volume": 5068426, "typical_volume": 4827655.6, "trend": 50.43691, "fair_value": 56.243598, "relative_strength": -41.10386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.397083, "energy": 97.747327, "activity_lines": [ 34.711847, 41.565655, 47.2508, 49.199945 ] }, { "date": "2024-02-23", "close": 31.873796, "volume": 5826831, "typical_volume": 5118997.15, "trend": 49.732989, "fair_value": 56.077817, "relative_strength": -25.042801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.425227, "energy": 88.762035, "activity_lines": [ 32.152075, 39.025978, 45.449975, 48.002325 ] }, { "date": "2024-03-01", "close": 33.65004, "volume": 8686234, "typical_volume": 5553308.85, "trend": 49.318531, "fair_value": 55.926278, "relative_strength": -23.754496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.150674, "energy": 88.183152, "activity_lines": [ 31.598805, 37.193032, 43.938143, 46.964715 ] }, { "date": "2024-03-08", "close": 34.291466, "volume": 8598847, "typical_volume": 5221258.7, "trend": 48.854732, "fair_value": 55.781078, "relative_strength": -21.502452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.066043, "energy": 80.961038, "activity_lines": [ 32.052735, 35.832138, 42.598766, 45.995227 ] }, { "date": "2024-03-15", "close": 35.465763, "volume": 9552859, "typical_volume": 4913314.5, "trend": 48.535666, "fair_value": 55.645642, "relative_strength": -20.686885, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.681635, "energy": 55.314432, "activity_lines": [ 33.573729, 34.995507, 41.467888, 45.131423 ] }, { "date": "2024-03-22", "close": 37.45911, "volume": 10839708, "typical_volume": 4885222.95, "trend": 48.269557, "fair_value": 55.525202, "relative_strength": -15.655252, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.479879, "energy": 40.676642, "activity_lines": [ 35.413792, 34.828826, 40.618484, 44.416806 ] }, { "date": "2024-03-29", "close": 41.544483, "volume": 10869300, "typical_volume": 5072526.45, "trend": 48.008383, "fair_value": 55.433223, "relative_strength": -4.835644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.954838, "energy": 26.491792, "activity_lines": [ 37.745941, 35.645901, 40.256984, 43.98293 ] }, { "date": "2024-04-05", "close": 34.942757, "volume": 10993049, "typical_volume": 5409535.85, "trend": 47.580438, "fair_value": 55.299299, "relative_strength": -20.864338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.407897, "energy": 24.620902, "activity_lines": [ 37.232803, 35.472582, 39.324641, 43.139987 ] }, { "date": "2024-04-12", "close": 31.143559, "volume": 8367581, "typical_volume": 5568225.45, "trend": 46.987369, "fair_value": 55.142443, "relative_strength": -26.789827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.017911, "energy": 31.912864, "activity_lines": [ 35.367084, 34.801375, 38.124405, 42.079543 ] }, { "date": "2024-04-19", "close": 30.462666, "volume": 10690591, "typical_volume": 5808104.55, "trend": 46.117336, "fair_value": 54.983219, "relative_strength": -28.593915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.519701, "energy": 40.046652, "activity_lines": [ 33.484261, 34.247868, 36.984081, 41.013433 ] }, { "date": "2024-04-26", "close": 26.64373, "volume": 11924363, "typical_volume": 6265375.2, "trend": 45.104216, "fair_value": 54.801555, "relative_strength": -38.450996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.736177, "energy": 52.924281, "activity_lines": [ 30.661999, 32.996779, 35.598607, 39.757071 ] }, { "date": "2024-05-03", "close": 27.512117, "volume": 4388378, "typical_volume": 6356494.85, "trend": 44.120043, "fair_value": 54.173926, "relative_strength": -36.884375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.645391, "energy": 63.803238, "activity_lines": [ 28.850225, 31.86303, 34.428821, 38.622097 ] }, { "date": "2024-05-10", "close": 26.436502, "volume": 5497414, "typical_volume": 6528718.3, "trend": 43.100016, "fair_value": 53.698346, "relative_strength": -39.984261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.670976, "energy": 74.286146, "activity_lines": [ 27.615404, 30.613018, 33.277877, 37.481224 ] }, { "date": "2024-05-17", "close": 27.147001, "volume": 4354301, "typical_volume": 6624620.8, "trend": 42.185248, "fair_value": 53.31055, "relative_strength": -37.985316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.67539, "energy": 73.669452, "activity_lines": [ 27.184499, 29.623342, 32.32204, 36.451997 ] }, { "date": "2024-05-24", "close": 25.874022, "volume": 3458660, "typical_volume": 6691007.2, "trend": 41.2241, "fair_value": 52.953484, "relative_strength": -38.844399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.583501, "energy": 71.739722, "activity_lines": [ 26.595706, 28.532116, 31.360375, 35.39966 ] }, { "date": "2024-05-31", "close": 26.663469, "volume": 2647430, "typical_volume": 6732293.7, "trend": 40.172495, "fair_value": 52.636487, "relative_strength": -36.261282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.661884, "energy": 65.290209, "activity_lines": [ 26.57597, 27.75882, 30.600112, 34.460264 ] }, { "date": "2024-06-07", "close": 27.413439, "volume": 4276417, "typical_volume": 6805915.15, "trend": 39.296213, "fair_value": 52.316469, "relative_strength": -33.367472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.801141, "energy": 49.410735, "activity_lines": [ 26.804909, 27.318167, 30.025792, 33.637099 ] }, { "date": "2024-06-14", "close": 28.311432, "volume": 2609628, "typical_volume": 6810361.45, "trend": 38.417628, "fair_value": 51.996947, "relative_strength": -30.846431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.520829, "energy": 40.740127, "activity_lines": [ 27.339758, 27.297713, 29.659265, 32.928404 ] }, { "date": "2024-06-21", "close": 26.337822, "volume": 1870356, "typical_volume": 6791161.2, "trend": 37.384114, "fair_value": 51.678739, "relative_strength": -33.996543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.858402, "energy": 38.479852, "activity_lines": [ 27.091741, 27.038991, 29.186867, 32.149061 ] }, { "date": "2024-06-28", "close": 25.143785, "volume": 1685675, "typical_volume": 6610302.4, "trend": 36.376915, "fair_value": 51.319934, "relative_strength": -35.13116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.526693, "energy": 48.853745, "activity_lines": [ 26.499657, 26.650549, 28.686886, 31.359363 ] }, { "date": "2024-07-05", "close": 25.745739, "volume": 1728075, "typical_volume": 6443284.85, "trend": 35.416096, "fair_value": 50.988437, "relative_strength": -32.076854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.294423, "energy": 51.792223, "activity_lines": [ 26.156907, 26.468259, 28.268716, 30.67348 ] }, { "date": "2024-07-12", "close": 26.594391, "volume": 1568425, "typical_volume": 6230364.55, "trend": 34.536524, "fair_value": 50.641131, "relative_strength": -30.71937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.231877, "energy": 55.148825, "activity_lines": [ 26.158223, 26.456597, 27.925026, 30.104338 ] }, { "date": "2024-07-19", "close": 26.426634, "volume": 800600, "typical_volume": 5836082.85, "trend": 33.644124, "fair_value": 50.276718, "relative_strength": -31.157069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.56943, "energy": 61.376044, "activity_lines": [ 26.158223, 26.431119, 27.590499, 29.581119 ] }, { "date": "2024-07-26", "close": 27.137133, "volume": 1438525, "typical_volume": 5478066.75, "trend": 32.83593, "fair_value": 49.907241, "relative_strength": -26.254648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.057897, "energy": 46.109266, "activity_lines": [ 26.520709, 26.535003, 27.358036, 29.161314 ] }, { "date": "2024-08-02", "close": 27.364096, "volume": 1860975, "typical_volume": 5093472.55, "trend": 32.00208, "fair_value": 49.584736, "relative_strength": -24.899695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.339143, "energy": 33.712678, "activity_lines": [ 26.905562, 26.680332, 27.181257, 28.808292 ] }, { "date": "2024-08-09", "close": 27.048323, "volume": 1711856, "typical_volume": 4637079.95, "trend": 31.213294, "fair_value": 49.249393, "relative_strength": -23.968118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.113942, "energy": 28.49031, "activity_lines": [ 27.037137, 26.741155, 27.012984, 28.488695 ] }, { "date": "2024-08-16", "close": 25.469431, "volume": 1253456, "typical_volume": 4156287.75, "trend": 30.292605, "fair_value": 48.915685, "relative_strength": -27.716535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.141378, "energy": 35.188804, "activity_lines": [ 26.555576, 26.50791, 26.743915, 28.118123 ] }, { "date": "2024-08-23", "close": 26.426634, "volume": 1197056, "typical_volume": 3666488.1, "trend": 29.65513, "fair_value": 48.610305, "relative_strength": -23.119069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.932618, "energy": 33.949872, "activity_lines": [ 26.468079, 26.484048, 26.642556, 27.868705 ] }, { "date": "2024-08-30", "close": 25.183258, "volume": 2978613, "typical_volume": 3397039.7, "trend": 29.013706, "fair_value": 48.31393, "relative_strength": -27.633219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.057626, "energy": 44.067783, "activity_lines": [ 25.966124, 26.268386, 26.463333, 27.580198 ] }, { "date": "2024-09-06", "close": 23.959621, "volume": 1733026, "typical_volume": 2949161.45, "trend": 28.802859, "fair_value": 47.919181, "relative_strength": -28.723956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.177043, "energy": 64.663503, "activity_lines": [ 25.186548, 25.851236, 26.195956, 27.254128 ] }, { "date": "2024-09-13", "close": 23.071495, "volume": 1145613, "typical_volume": 2410223.95, "trend": 28.758124, "fair_value": 47.51616, "relative_strength": -29.51452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.647635, "energy": 81.042961, "activity_lines": [ 24.337895, 25.29414, 25.874962, 26.884362 ] }, { "date": "2024-09-20", "close": 22.854401, "volume": 705300, "typical_volume": 2226070.05, "trend": 28.457477, "fair_value": 47.119356, "relative_strength": -30.093876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.821532, "energy": 87.842869, "activity_lines": [ 23.682, 24.746194, 25.550304, 26.503477 ] }, { "date": "2024-09-27", "close": 25.341148, "volume": 2022589, "typical_volume": 2052328.8, "trend": 28.180514, "fair_value": 46.804, "relative_strength": -33.278323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.339334, "energy": 72.096477, "activity_lines": [ 24.029355, 24.718384, 25.484658, 26.302423 ] }, { "date": "2024-10-04", "close": 28.706152, "volume": 1711825, "typical_volume": 1920205.0, "trend": 27.994337, "fair_value": 46.528133, "relative_strength": -30.743257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.790129, "energy": 17.39098, "activity_lines": [ 25.570744, 25.322129, 25.744704, 26.336335 ] }, { "date": "2024-10-11", "close": 28.775229, "volume": 5251849, "typical_volume": 2009864.45, "trend": 27.771319, "fair_value": 46.245416, "relative_strength": -26.3391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.392813, "energy": 15.275309, "activity_lines": [ 26.9003, 25.909906, 26.003905, 26.386715 ] }, { "date": "2024-10-18", "close": 31.528414, "volume": 4535212, "typical_volume": 2104253.55, "trend": 27.573629, "fair_value": 45.996756, "relative_strength": -20.670785, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 42.542382, "energy": 44.286824, "activity_lines": [ 28.826543, 26.972605, 26.511498, 26.629109 ] }, { "date": "2024-10-25", "close": 32.258274, "volume": 3780057, "typical_volume": 2079435.55, "trend": 27.264089, "fair_value": 45.763148, "relative_strength": -19.760797, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.45023, "energy": 54.923155, "activity_lines": [ 30.432278, 28.08655, 27.065436, 26.931344 ] }, { "date": "2024-11-01", "close": 29.917425, "volume": 3646119, "typical_volume": 2131260.1, "trend": 27.096578, "fair_value": 45.544711, "relative_strength": -23.205775, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.947314, "energy": 73.049109, "activity_lines": [ 30.630805, 28.651452, 27.373365, 27.102527 ] }, { "date": "2024-11-08", "close": 33.028679, "volume": 3129500, "typical_volume": 2194217.3, "trend": 27.159415, "fair_value": 45.342006, "relative_strength": -19.549449, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.303533, "energy": 79.10463, "activity_lines": [ 31.561332, 29.718568, 27.969956, 27.485243 ] }, { "date": "2024-11-15", "close": 33.80896, "volume": 3425023, "typical_volume": 2281184.7, "trend": 27.270959, "fair_value": 45.136758, "relative_strength": -13.430702, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.227458, "energy": 75.388136, "activity_lines": [ 32.463784, 30.784909, 28.608999, 27.914246 ] }, { "date": "2024-11-22", "close": 31.98172, "volume": 2217200, "typical_volume": 2305640.95, "trend": 27.448892, "fair_value": 44.936898, "relative_strength": -14.46117, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.049254, "energy": 51.373807, "activity_lines": [ 32.421573, 31.339946, 29.032756, 28.218166 ] }, { "date": "2024-11-29", "close": 32.396553, "volume": 1523614, "typical_volume": 2303400.4, "trend": 27.611706, "fair_value": 44.752647, "relative_strength": -13.570073, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.623461, "energy": 50.25624, "activity_lines": [ 32.487421, 31.808403, 29.466326, 28.53737 ] }, { "date": "2024-12-06", "close": 32.989174, "volume": 1308100, "typical_volume": 2328775.4, "trend": 27.830128, "fair_value": 44.541767, "relative_strength": -12.232175, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.483965, "energy": 48.144887, "activity_lines": [ 32.741589, 32.211115, 29.928706, 28.884303 ] }, { "date": "2024-12-13", "close": 35.636208, "volume": 3302448, "typical_volume": 2421971.55, "trend": 28.113102, "fair_value": 44.320131, "relative_strength": -3.312412, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.696856, "energy": 51.403278, "activity_lines": [ 33.67332, 32.956052, 30.611935, 29.387921 ] }, { "date": "2024-12-20", "close": 35.35965, "volume": 1695200, "typical_volume": 2413682.8, "trend": 28.42929, "fair_value": 44.104643, "relative_strength": -2.180643, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.926799, "energy": 50.789551, "activity_lines": [ 34.339029, 33.524704, 31.228353, 29.855441 ] }, { "date": "2024-12-27", "close": 35.695469, "volume": 1262900, "typical_volume": 2391235.0, "trend": 28.730356, "fair_value": 43.867795, "relative_strength": -0.117393, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.564182, "energy": 56.805372, "activity_lines": [ 35.013298, 34.034697, 31.83868, 30.324226 ] }, { "date": "2025-01-03", "close": 32.080486, "volume": 1410300, "typical_volume": 2399077.2, "trend": 28.885925, "fair_value": 43.620411, "relative_strength": -2.044886, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.632849, "energy": 43.540785, "activity_lines": [ 34.23499, 33.811656, 32.063546, 30.540364 ] }, { "date": "2025-01-10", "close": 31.231066, "volume": 1143268, "typical_volume": 2396387.8, "trend": 28.983246, "fair_value": 43.388265, "relative_strength": -2.305405, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.515617, "energy": 29.806646, "activity_lines": [ 33.194613, 33.437408, 32.176033, 30.691663 ] }, { "date": "2025-01-17", "close": 33.957115, "volume": 1008400, "typical_volume": 2297877.15, "trend": 29.237222, "fair_value": 43.166553, "relative_strength": 3.970687, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.073394, "energy": 25.940524, "activity_lines": [ 33.180126, 33.53492, 32.525266, 31.012558 ] }, { "date": "2025-01-24", "close": 33.008926, "volume": 1173600, "typical_volume": 2269905.85, "trend": 29.499393, "fair_value": 42.963218, "relative_strength": 0.971417, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.55551, "energy": 21.00546, "activity_lines": [ 32.961515, 33.443154, 32.742415, 31.255894 ] }, { "date": "2025-01-31", "close": 32.60397, "volume": 247800, "typical_volume": 2225015.2, "trend": 29.728001, "fair_value": 42.740565, "relative_strength": 2.225826, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.70948, "energy": 18.758904, "activity_lines": [ 32.764634, 33.292305, 32.877905, 31.456189 ] }, { "date": "2025-02-07", "close": 33.897854, "volume": 793800, "typical_volume": 2229440.2, "trend": 29.97145, "fair_value": 42.537773, "relative_strength": 2.410183, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.366447, "energy": 26.531455, "activity_lines": [ 33.205148, 33.365395, 33.091229, 31.725212 ] }, { "date": "2025-02-14", "close": 34.470722, "volume": 1206600, "typical_volume": 2188640.75, "trend": 30.239586, "fair_value": 42.340917, "relative_strength": 2.184807, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.388421, "energy": 33.315967, "activity_lines": [ 33.71546, 33.515346, 33.306524, 32.015487 ] }, { "date": "2025-02-21", "close": 34.53986, "volume": 856134, "typical_volume": 2145856.2, "trend": 30.486344, "fair_value": 42.165125, "relative_strength": 0.36503, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.919186, "energy": 38.141816, "activity_lines": [ 34.032841, 33.65093, 33.484929, 32.292924 ] }, { "date": "2025-02-28", "close": 36.327595, "volume": 1683847, "typical_volume": 1967456.1, "trend": 30.785127, "fair_value": 42.017327, "relative_strength": 9.437477, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.977001, "energy": 57.4163, "activity_lines": [ 34.907284, 34.131491, 33.805816, 32.669779 ] }, { "date": "2025-03-07", "close": 40.0611, "volume": 2439956, "typical_volume": 1862693.3, "trend": 31.218886, "fair_value": 41.887426, "relative_strength": 18.072321, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.67941, "energy": 78.777448, "activity_lines": [ 36.804984, 35.273271, 34.446311, 33.268229 ] }, { "date": "2025-03-14", "close": 39.883316, "volume": 1501212, "typical_volume": 1748751.05, "trend": 31.699349, "fair_value": 41.746956, "relative_strength": 16.147811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.808495, "energy": 86.160333, "activity_lines": [ 38.14628, 36.303353, 35.029242, 33.827225 ] }, { "date": "2025-03-21", "close": 40.0611, "volume": 1587275, "typical_volume": 1645808.85, "trend": 32.153831, "fair_value": 41.588513, "relative_strength": 19.963038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.96569, "energy": 87.045235, "activity_lines": [ 39.147808, 37.223889, 35.592795, 34.366692 ] }, { "date": "2025-03-28", "close": 39.903069, "volume": 1176800, "typical_volume": 1548173.85, "trend": 32.644492, "fair_value": 41.448232, "relative_strength": 20.882561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.043638, "energy": 84.526585, "activity_lines": [ 39.723966, 37.955146, 36.092994, 34.866643 ] }, { "date": "2025-04-04", "close": 39.705528, "volume": 1094405, "typical_volume": 1431642.95, "trend": 33.169355, "fair_value": 41.331706, "relative_strength": 22.958842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.737151, "energy": 81.649437, "activity_lines": [ 39.87673, 38.542378, 36.541645, 35.322194 ] }, { "date": "2025-04-11", "close": 38.352383, "volume": 3289410, "typical_volume": 1485253.45, "trend": 33.678718, "fair_value": 41.202734, "relative_strength": 24.780351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.320748, "energy": 52.385599, "activity_lines": [ 39.35325, 38.761827, 36.833346, 35.656583 ] }, { "date": "2025-04-18", "close": 41.72044, "volume": 2731112, "typical_volume": 1545628.35, "trend": 34.307586, "fair_value": 41.101074, "relative_strength": 35.650991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.763237, "energy": 57.366528, "activity_lines": [ 40.06637, 39.489134, 37.415477, 36.175404 ] }, { "date": "2025-04-25", "close": 43.429161, "volume": 3020156, "typical_volume": 1631231.15, "trend": 34.91052, "fair_value": 41.015459, "relative_strength": 37.95908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.979619, "energy": 61.660926, "activity_lines": [ 41.226589, 40.384888, 38.115945, 36.763892 ] }, { "date": "2025-05-02", "close": 43.103218, "volume": 1022150, "typical_volume": 1517216.25, "trend": 35.390422, "fair_value": 40.906945, "relative_strength": 35.939747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.938998, "energy": 60.495899, "activity_lines": [ 42.053623, 41.0585, 38.735656, 37.292453 ] }, { "date": "2025-05-09", "close": 44.090912, "volume": 11904891, "typical_volume": 2027700.8, "trend": 35.900945, "fair_value": 40.883096, "relative_strength": 34.614318, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.81855, "energy": 65.919784, "activity_lines": [ 42.996545, 41.755994, 39.413876, 37.853775 ] }, { "date": "2025-05-16", "close": 43.132847, "volume": 8848737, "typical_volume": 2406992.65, "trend": 36.287759, "fair_value": 40.860399, "relative_strength": 29.89348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.469413, "energy": 53.275586, "activity_lines": [ 43.327753, 42.138144, 39.959274, 38.32035 ] }, { "date": "2025-05-23", "close": 40.34753, "volume": 4469475, "typical_volume": 2559951.4, "trend": 36.557401, "fair_value": 40.858448, "relative_strength": 21.18794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.092356, "energy": 42.385012, "activity_lines": [ 42.411825, 41.958023, 40.203988, 38.58227 ] }, { "date": "2025-05-30", "close": 40.931881, "volume": 2864400, "typical_volume": 2646008.0, "trend": 36.92455, "fair_value": 40.847984, "relative_strength": 23.180669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.822942, "energy": 30.463019, "activity_lines": [ 41.782207, 41.875707, 40.464988, 38.864495 ] }, { "date": "2025-06-06", "close": 42.834534, "volume": 5311630, "typical_volume": 2861169.5, "trend": 37.251412, "fair_value": 40.833307, "relative_strength": 26.183101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.562931, "energy": 27.915969, "activity_lines": [ 41.953293, 42.123496, 40.860998, 39.245784 ] }, { "date": "2025-06-13", "close": 43.073612, "volume": 4559460, "typical_volume": 3030462.5, "trend": 37.560233, "fair_value": 40.819283, "relative_strength": 26.785057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.540085, "energy": 26.116821, "activity_lines": [ 42.221983, 42.361454, 41.237504, 39.62141 ] }, { "date": "2025-06-20", "close": 42.993916, "volume": 7596499, "typical_volume": 3397897.45, "trend": 37.927307, "fair_value": 40.807907, "relative_strength": 27.018526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.83725, "energy": 31.640729, "activity_lines": [ 42.531928, 42.523683, 41.558493, 39.97197 ] }, { "date": "2025-06-27", "close": 54.619011, "volume": 13017166, "typical_volume": 4009065.75, "trend": 38.668055, "fair_value": 40.854314, "relative_strength": 53.443817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.311269, "energy": 73.442913, "activity_lines": [ 46.726167, 44.715175, 42.937158, 41.048854 ] }, { "date": "2025-07-04", "close": 58.394424, "volume": 28083520, "typical_volume": 5352911.75, "trend": 39.514897, "fair_value": 40.937301, "relative_strength": 59.693133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.01716, "energy": 84.022274, "activity_lines": [ 51.227445, 47.358587, 44.576714, 42.321523 ] }, { "date": "2025-07-11", "close": 54.48951, "volume": 14049804, "typical_volume": 6012595.25, "trend": 40.14334, "fair_value": 40.995509, "relative_strength": 44.731964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.555014, "energy": 82.597783, "activity_lines": [ 53.262915, 49.019918, 45.730451, 43.287627 ] }, { "date": "2025-07-18", "close": 59.420464, "volume": 14339655, "typical_volume": 6645385.65, "trend": 40.945367, "fair_value": 41.077999, "relative_strength": 52.61567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.988627, "energy": 89.043335, "activity_lines": [ 56.165038, 51.370763, 47.258804, 44.531313 ] }, { "date": "2025-07-25", "close": 55.425892, "volume": 11100249, "typical_volume": 7078400.3, "trend": 41.603048, "fair_value": 41.1328, "relative_strength": 37.773008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.229661, "energy": 78.115888, "activity_lines": [ 56.645847, 52.716602, 48.296756, 45.46554 ] }, { "date": "2025-08-01", "close": 63.165993, "volume": 20825733, "typical_volume": 8044626.35, "trend": 42.639232, "fair_value": 41.237153, "relative_strength": 57.397752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.045678, "energy": 63.586533, "activity_lines": [ 58.877891, 55.246223, 49.998695, 46.856698 ] }, { "date": "2025-08-08", "close": 81.385612, "volume": 38455705, "typical_volume": 9888047.85, "trend": 44.31105, "fair_value": 41.458046, "relative_strength": 96.070238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.29156, "energy": 76.993365, "activity_lines": [ 66.613343, 60.673621, 53.324965, 49.356464 ] }, { "date": "2025-08-15", "close": 76.823242, "volume": 20237459, "typical_volume": 10841080.8, "trend": 45.739921, "fair_value": 41.640535, "relative_strength": 73.845227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.991889, "energy": 73.787041, "activity_lines": [ 71.295259, 64.535975, 56.019941, 51.454025 ] }, { "date": "2025-08-22", "close": 77.311348, "volume": 18859006, "typical_volume": 11729310.85, "trend": 47.216668, "fair_value": 41.821543, "relative_strength": 64.702504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.146059, "energy": 75.48014, "activity_lines": [ 74.650961, 67.869099, 58.585593, 53.490892 ] }, { "date": "2025-08-29", "close": 79.89138, "volume": 14774631, "typical_volume": 12303571.9, "trend": 48.792915, "fair_value": 42.017511, "relative_strength": 60.47246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.951276, "energy": 80.111315, "activity_lines": [ 77.673949, 71.048815, 61.217886, 55.598937 ] }, { "date": "2025-09-05", "close": 65.726105, "volume": 12318616, "typical_volume": 12782947.1, "trend": 49.853857, "fair_value": 42.117687, "relative_strength": 31.658854, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.613323, "energy": 52.978858, "activity_lines": [ 74.344146, 70.982163, 62.303302, 56.691401 ] }, { "date": "2025-09-12", "close": 64.032646, "volume": 6205251, "typical_volume": 12942201.85, "trend": 50.839254, "fair_value": 42.217933, "relative_strength": 23.717198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.569508, "energy": 37.13532, "activity_lines": [ 70.279182, 70.405663, 63.113122, 57.606162 ] }, { "date": "2025-09-19", "close": 61.641884, "volume": 5760456, "typical_volume": 13179117.15, "trend": 51.742655, "fair_value": 42.334431, "relative_strength": 16.704233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.923181, "energy": 24.466459, "activity_lines": [ 66.574162, 69.291966, 63.597139, 58.303106 ] }, { "date": "2025-09-26", "close": 59.03196, "volume": 5022826, "typical_volume": 12835013.9, "trend": 52.499467, "fair_value": 42.42422, "relative_strength": 9.651857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.856694, "energy": 26.157408, "activity_lines": [ 63.011258, 67.573694, 63.744313, 58.773384 ] }, { "date": "2025-10-03", "close": 60.137691, "volume": 2069300, "typical_volume": 12496042.05, "trend": 53.168687, "fair_value": 42.535939, "relative_strength": 8.205649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.000258, "energy": 25.179001, "activity_lines": [ 61.035556, 66.063527, 63.925646, 59.266172 ] }, { "date": "2025-10-10", "close": 61.671764, "volume": 3169613, "typical_volume": 12431048.95, "trend": 53.894969, "fair_value": 42.655281, "relative_strength": 11.470452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.390495, "energy": 21.364742, "activity_lines": [ 60.888125, 64.746614, 64.172107, 59.814758 ] }, { "date": "2025-10-17", "close": 59.340771, "volume": 9630208, "typical_volume": 12769339.35, "trend": 54.537624, "fair_value": 42.771997, "relative_strength": 12.041695, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.216492, "energy": 14.465196, "activity_lines": [ 60.233986, 63.033052, 64.095024, 60.1661 ] }, { "date": "2025-10-24", "close": 60.560001, "volume": 4062300, "typical_volume": 12706872.85, "trend": 55.226189, "fair_value": 42.91699, "relative_strength": 8.420056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.281739, "energy": 12.317842, "activity_lines": [ 60.299048, 61.941983, 64.046396, 60.55464 ] }, { "date": "2025-10-31", "close": 61.16, "volume": 7569919, "typical_volume": 12857395.8, "trend": 55.941338, "fair_value": 43.055535, "relative_strength": 7.92111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.24492, "energy": 10.521751, "activity_lines": [ 60.636236, 61.255701, 63.970505, 60.937467 ] }, { "date": "2025-11-07", "close": 59.099998, "volume": 3858407, "typical_volume": 12670491.2, "trend": 56.632925, "fair_value": 43.174812, "relative_strength": 3.4043, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.337674, "energy": 11.052023, "activity_lines": [ 60.144887, 60.488533, 63.612297, 61.141251 ] }, { "date": "2025-11-14", "close": 58.169998, "volume": 3777500, "typical_volume": 12208507.9, "trend": 57.181244, "fair_value": 43.297096, "relative_strength": 2.643634, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.60308, "energy": 17.488757, "activity_lines": [ 59.412717, 59.9303, 63.088822, 61.240417 ] }, { "date": "2025-11-21", "close": 57.259998, "volume": 5714976, "typical_volume": 11090080.7, "trend": 57.642271, "fair_value": 43.392389, "relative_strength": 5.788107, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.413079, "energy": 25.923081, "activity_lines": [ 58.610665, 59.343995, 62.461771, 61.245498 ] }, { "date": "2025-11-28", "close": 58.650002, "volume": 7948046, "typical_volume": 10784992.8, "trend": 58.160498, "fair_value": 43.499624, "relative_strength": 3.95602, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.577316, "energy": 26.102759, "activity_lines": [ 58.410666, 59.133558, 61.972503, 61.310513 ] }, { "date": "2025-12-05", "close": 58.299999, "volume": 5992474, "typical_volume": 10367633.75, "trend": 58.634134, "fair_value": 43.603478, "relative_strength": 1.431557, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.090554, "energy": 31.902566, "activity_lines": [ 58.221333, 58.913882, 61.43009, 61.319513 ] }, { "date": "2025-12-12", "close": 66.400002, "volume": 20138033, "typical_volume": 10819522.95, "trend": 59.409706, "fair_value": 43.767403, "relative_strength": 13.718693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.741007, "energy": 15.05684, "activity_lines": [ 60.922667, 60.180242, 61.664441, 61.820537 ] }, { "date": "2025-12-19", "close": 64.949997, "volume": 14337209, "typical_volume": 10495096.75, "trend": 60.229788, "fair_value": 43.872519, "relative_strength": 11.446124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.427929, "energy": 21.568969, "activity_lines": [ 62.653999, 61.069104, 61.708439, 62.177975 ] }, { "date": "2025-12-26", "close": 67.589996, "volume": 10994605, "typical_volume": 9122041.75, "trend": 61.118392, "fair_value": 44.002515, "relative_strength": 11.241734, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.745586, "energy": 34.964798, "activity_lines": [ 64.813332, 62.378362, 61.99537, 62.652827 ] }, { "date": "2026-01-02", "close": 70.639999, "volume": 10119827, "typical_volume": 8616160.15, "trend": 62.04524, "fair_value": 44.160589, "relative_strength": 15.950226, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.306281, "energy": 45.523765, "activity_lines": [ 67.300665, 64.092181, 62.638471, 63.267125 ] }, { "date": "2026-01-09", "close": 70.18, "volume": 13031575, "typical_volume": 8324788.6, "trend": 62.948787, "fair_value": 44.33965, "relative_strength": 9.506837, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.037349, "energy": 61.358305, "activity_lines": [ 68.835332, 65.53909, 63.267207, 63.791948 ] }, { "date": "2026-01-16", "close": 65.279999, "volume": 14387888, "typical_volume": 8305451.45, "trend": 63.691656, "fair_value": 44.484901, "relative_strength": 0.191324, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": 29.752225, "energy": 42.692753, "activity_lines": [ 67.944665, 65.93109, 63.463234, 63.942349 ] }, { "date": "2026-01-23", "close": 65.599998, "volume": 5782047, "typical_volume": 7978623.0, "trend": 64.057689, "fair_value": 44.623677, "relative_strength": -0.98089, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": 25.958224, "energy": 24.510528, "activity_lines": [ 67.235332, 66.268908, 63.759316, 64.065467 ] }, { "date": "2026-01-30", "close": 60.02, "volume": 5247305, "typical_volume": 7930725.7, "trend": 64.111875, "fair_value": 44.73742, "relative_strength": -8.302709, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.277024, "energy": 7.538558, "activity_lines": [ 64.622666, 65.45709, 63.52457, 63.804971 ] }, { "date": "2026-02-06", "close": 60.82, "volume": 3380465, "typical_volume": 7811726.15, "trend": 64.322891, "fair_value": 44.816567, "relative_strength": -5.542193, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.576124, "energy": 16.361655, "activity_lines": [ 62.781333, 64.740545, 63.385122, 63.592592 ] }, { "date": "2026-02-13", "close": 60.560001, "volume": 2395866, "typical_volume": 7680378.15, "trend": 64.360876, "fair_value": 44.885774, "relative_strength": -7.65385, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.214171, "energy": 26.637515, "activity_lines": [ 61.508, 63.937272, 63.224826, 63.349825 ] }, { "date": "2026-02-27", "close": 59.650002, "volume": 2589570, "typical_volume": 7706391.65, "trend": 64.50168, "fair_value": 44.954958, "relative_strength": -11.873972, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.155218, "energy": 34.776868, "activity_lines": [ 60.572667, 62.927455, 62.970587, 63.045898 ] }, { "date": "2026-03-06", "close": 58.709999, "volume": 8646691, "typical_volume": 7980245.55, "trend": 64.353146, "fair_value": 45.021337, "relative_strength": -11.55114, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.26809, "energy": 41.383256, "activity_lines": [ 59.699334, 61.869454, 62.629146, 62.672241 ] }, { "date": "2026-03-13", "close": 56.119999, "volume": 3089391, "typical_volume": 7653204.7, "trend": 63.510959, "fair_value": 45.045093, "relative_strength": -16.174368, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.615369, "energy": 50.2433, "activity_lines": [ 58.422, 60.454, 62.055142, 62.14107 ] }, { "date": "2026-03-20", "close": 52.0, "volume": 2293915, "typical_volume": 7564785.45, "trend": 62.683518, "fair_value": 45.055007, "relative_strength": -20.044518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.167279, "energy": 66.800333, "activity_lines": [ 56.031333, 58.498, 61.104095, 61.398428 ] }, { "date": "2026-03-27", "close": 51.900002, "volume": 3466030, "typical_volume": 7359591.0, "trend": 61.836473, "fair_value": 45.06668, "relative_strength": -19.592211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.644289, "energy": 72.914192, "activity_lines": [ 54.195334, 56.862728, 60.184286, 60.702717 ] }, { "date": "2026-04-03", "close": 51.580002, "volume": 2727145, "typical_volume": 7303027.9, "trend": 60.89276, "fair_value": 45.081164, "relative_strength": -17.683514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.58859, "energy": 76.548203, "activity_lines": [ 52.830001, 55.501637, 59.278095, 60.041009 ] }, { "date": "2026-04-10", "close": 53.856239, "volume": 2100206, "typical_volume": 7219163.2, "trend": 60.497098, "fair_value": 45.084978, "relative_strength": -19.7745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.324574, "energy": 72.746607, "activity_lines": [ 52.761414, 54.803499, 58.624499, 59.58704 ] }, { "date": "2026-04-17", "close": 55.460636, "volume": 2568758, "typical_volume": 7061852.3, "trend": 60.211365, "fair_value": 45.12276, "relative_strength": -20.524453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.543783, "energy": 58.09644, "activity_lines": [ 53.55121, 54.610592, 58.144244, 59.262107 ] }, { "date": "2026-04-24", "close": 65.364319, "volume": 9429829, "typical_volume": 7135941.45, "trend": 60.335446, "fair_value": 45.24051, "relative_strength": -6.718499, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.896917, "energy": 11.597618, "activity_lines": [ 57.686191, 56.301252, 58.615766, 59.594556 ] }, { "date": "2026-05-01", "close": 65.364319, "volume": 0, "typical_volume": 6836317.75, "trend": 60.546524, "fair_value": 45.354913, "relative_strength": -7.73127, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.58544, "energy": 28.087868, "activity_lines": [ 60.930217, 57.909288, 59.055314, 59.918999 ] }, { "date": "2026-05-08", "close": 65.364319, "volume": 0, "typical_volume": 5829416.1, "trend": 60.720745, "fair_value": 45.458895, "relative_strength": -10.379445, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.30982, "energy": 38.873694, "activity_lines": [ 63.276623, 59.429973, 59.461223, 60.229825 ] }, { "date": "2026-05-15", "close": 77.258644, "volume": 17847368, "typical_volume": 6004924.05, "trend": 61.240308, "fair_value": 45.680553, "relative_strength": 5.680381, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.277211, "energy": 62.294891, "activity_lines": [ 68.668848, 63.009366, 61.004857, 61.296786 ] }, { "date": "2026-05-22", "close": 69.62291, "volume": 21577667, "typical_volume": 6534077.15, "trend": 61.583046, "fair_value": 45.859138, "relative_strength": -5.071804, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 53.98971, "energy": 68.602455, "activity_lines": [ 69.955669, 64.863195, 61.762665, 61.837599 ] }, { "date": "2026-05-29", "close": 59.273552, "volume": 10270997, "typical_volume": 6541635.65, "trend": 61.540164, "fair_value": 45.974412, "relative_strength": -19.009305, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.810511, "energy": 32.301483, "activity_lines": [ 66.848553, 64.589816, 61.525139, 61.688599 ] }, { "date": "2026-06-05", "close": 49.528328, "volume": 1643546, "typical_volume": 5972234.2, "trend": 61.152442, "fair_value": 46.008207, "relative_strength": -30.93608, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -29.255973, "energy": 15.025417, "activity_lines": [ 60.899079, 62.412331, 60.413623, 60.913642 ] }, { "date": "2026-06-12", "close": 48.189999, "volume": 2155327, "typical_volume": 5360606.15, "trend": 60.788775, "fair_value": 46.029191, "relative_strength": -30.945188, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -61.201241, "energy": 43.550471, "activity_lines": [ 55.559228, 60.034635, 59.272989, 60.077355 ] }, { "date": "2026-06-19", "close": 46.759998, "volume": 4874770, "typical_volume": 5315242.3, "trend": 60.408442, "fair_value": 46.039493, "relative_strength": -37.108315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.254399, "energy": 58.154085, "activity_lines": [ 50.887666, 57.458575, 58.077544, 59.172273 ] }, { "date": "2026-06-26", "close": 42.389999, "volume": 1220816, "typical_volume": 5113917.85, "trend": 59.912775, "fair_value": 46.028035, "relative_strength": -41.698755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.615905, "energy": 84.038747, "activity_lines": [ 46.792679, 54.216993, 56.555624, 58.009793 ] }, { "date": "2026-07-03", "close": 44.419998, "volume": 1500100, "typical_volume": 5019899.6, "trend": 59.438442, "fair_value": 46.025357, "relative_strength": -37.553851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.049174, "energy": 81.990432, "activity_lines": [ 45.189887, 51.582149, 55.310989, 57.010259 ] }, { "date": "2026-07-10", "close": 42.349998, "volume": 5612315, "typical_volume": 5180722.05, "trend": 58.906775, "fair_value": 46.008148, "relative_strength": -37.562369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.312861, "energy": 81.350034, "activity_lines": [ 43.887332, 48.951748, 53.947307, 55.907778 ] }, { "date": "2026-07-17", "close": 37.349998, "volume": 4964044, "typical_volume": 5299445.75, "trend": 57.938442, "fair_value": 45.948593, "relative_strength": -38.934255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.804197, "energy": 82.082663, "activity_lines": [ 41.396665, 45.830697, 52.194148, 54.517019 ] }, { "date": "2026-07-24", "close": 37.099998, "volume": 6748547, "typical_volume": 5204538.55, "trend": 57.010108, "fair_value": 45.892523, "relative_strength": -38.917324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.060653, "energy": 78.927701, "activity_lines": [ 39.545331, 43.173544, 50.523371, 53.172603 ] }, { "date": "2026-07-31", "close": 40.450001, "volume": 8452857, "typical_volume": 5472711.85, "trend": 56.105442, "fair_value": 45.812129, "relative_strength": -31.852031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.38814, "energy": 59.255744, "activity_lines": [ 39.454666, 41.855639, 49.274546, 52.104209 ] }, { "date": "2026-08-07", "close": 43.5, "volume": 4630071, "typical_volume": 5589519.65, "trend": 55.200775, "fair_value": 45.795566, "relative_strength": -29.624319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.049682, "energy": 50.963435, "activity_lines": [ 40.509999, 41.622696, 48.390816, 51.290955 ] } ], "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." } } }