{ "ticker": { "uuid": "2d42d951-5740-4f2c-93a4-e49d999f5074", "symbol": "002845", "name": "Shenzhen TXD Technology Co.,Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 78.747, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.893, "architecture_energy": 65.281, "architecture_maturity": 10.499, "architecture_confidence": 78.933, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.28, "rotation_up": 10.99, "upward_expansion": 15.74, "deceleration": 35.34, "rotation_down": 69.52, "downward_expansion": 84.41 }, "activity_lines": [ 12.670667, 13.627921, 14.175482, 14.329876 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 13.0, "trend_reference": 14.545204, "distance_from_trend": -0.106235, "trend_direction": "Improving", "fair_value": 14.658181, "distance_from_fair_value": -0.113123, "fair_value_direction": "Weakening", "relative_strength": -13.521173, "relative_strength_direction": "Improving", "price_momentum": -0.108979, "excess_performance": -0.116379, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.106235, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.002218, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.113123, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.107243, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.135212, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.047113, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.108979, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.039102, "read": "Demand-led" } ], "volume": { "latest": 41792354, "relative_activity": 0.714905, "balance": 1.039102, "dry_up": 1.317264, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.13353, "annualized_volatility": 0.470314, "from_high_reference": -0.257143, "from_low_reference": 0.156584 }, "levels": { "trend_reference": 14.545204, "fair_value_reference": 14.658181, "structural_low": 11.24, "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": 0.040449, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": -0.001542, "regime_survival": 0.772727, "best_return": 0.309754, "worst_return": -0.162869, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.089139, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": 0.01048, "regime_survival": 0.5, "best_return": 0.342561, "worst_return": -0.231767, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.134385, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.002703, "regime_survival": 0.333333, "best_return": 0.406574, "worst_return": -0.335554, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.033195, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.012445, "regime_survival": 0.5, "best_return": 0.064759, "worst_return": -0.205678, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-23", "end": "2024-10-18", "tenure": "Extended", "return": 0.029871, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": 0.077819, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-13", "tenure": "Developing", "return": -0.093447, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-02-14", "tenure": "Developing", "return": 0.035826, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.056581, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": -0.06187, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-07-11", "tenure": "Developing", "return": 0.212294, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-09-19", "tenure": "Developing", "return": -0.006748, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-10-17", "tenure": "New", "return": -0.100067, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": 0.033898, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-04-03", "tenure": "Established", "return": -0.112169, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.061698, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-07-31", "tenure": "Established", "return": -0.116748, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.681635, "volume": 191192983, "typical_volume": 63074436.65, "trend": 15.695843, "fair_value": 17.423508, "relative_strength": 6.393121, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.547633, "energy": 14.043726, "activity_lines": [ 16.092015, 15.952698, 15.389121, 15.54318 ] }, { "date": "2023-08-04", "close": 14.769682, "volume": 61030785, "typical_volume": 62843991.55, "trend": 15.737806, "fair_value": 17.409386, "relative_strength": -1.41126, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.898209, "energy": 10.266074, "activity_lines": [ 15.683618, 15.775174, 15.33177, 15.483427 ] }, { "date": "2023-08-11", "close": 14.343443, "volume": 36870260, "typical_volume": 61270159.0, "trend": 15.687583, "fair_value": 17.393781, "relative_strength": -0.828363, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.731862, "energy": 20.180231, "activity_lines": [ 15.20253, 15.512041, 15.245956, 15.393468 ] }, { "date": "2023-08-18", "close": 14.075804, "volume": 20860302, "typical_volume": 59697838.45, "trend": 15.647933, "fair_value": 17.349997, "relative_strength": 0.309058, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.679281, "energy": 32.098691, "activity_lines": [ 14.683773, 15.218089, 15.150559, 15.289483 ] }, { "date": "2023-08-25", "close": 13.51079, "volume": 23758426, "typical_volume": 59069557.5, "trend": 15.578545, "fair_value": 17.31174, "relative_strength": -0.583686, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.627924, "energy": 52.674651, "activity_lines": [ 14.140566, 14.857093, 15.010745, 15.151602 ] }, { "date": "2023-09-01", "close": 15.275221, "volume": 65163294, "typical_volume": 60493575.1, "trend": 15.473472, "fair_value": 17.285596, "relative_strength": 8.885873, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.841892, "energy": 41.450423, "activity_lines": [ 14.406883, 14.861058, 15.054219, 15.132033 ] }, { "date": "2023-09-08", "close": 16.147526, "volume": 65364994, "typical_volume": 62370131.65, "trend": 15.412345, "fair_value": 17.269729, "relative_strength": 16.627357, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.508274, "energy": 12.884488, "activity_lines": [ 14.991062, 15.034257, 15.181005, 15.17552 ] }, { "date": "2023-09-15", "close": 15.721285, "volume": 51997007, "typical_volume": 63607156.6, "trend": 15.385581, "fair_value": 17.245999, "relative_strength": 14.640943, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.386365, "energy": 7.850797, "activity_lines": [ 15.341305, 15.12383, 15.255821, 15.195452 ] }, { "date": "2023-09-22", "close": 15.869974, "volume": 48262367, "typical_volume": 65580308.95, "trend": 15.363443, "fair_value": 17.198185, "relative_strength": 14.681706, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.360608, "energy": 17.997989, "activity_lines": [ 15.649255, 15.229444, 15.333045, 15.226703 ] }, { "date": "2023-09-29", "close": 16.018661, "volume": 45280236, "typical_volume": 66894764.85, "trend": 15.318176, "fair_value": 17.164312, "relative_strength": 15.801568, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.868655, "energy": 21.676508, "activity_lines": [ 15.887155, 15.374167, 15.410504, 15.268975 ] }, { "date": "2023-10-13", "close": 19.210499, "volume": 170781194, "typical_volume": 72613882.4, "trend": 15.412675, "fair_value": 17.155272, "relative_strength": 37.926736, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 84.239996, "energy": 72.285636, "activity_lines": [ 17.02181, 16.114002, 15.776654, 15.520093 ] }, { "date": "2023-10-20", "close": 17.565018, "volume": 116998602, "typical_volume": 75530884.35, "trend": 15.420936, "fair_value": 17.12069, "relative_strength": 31.296262, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.89691, "energy": 67.384445, "activity_lines": [ 17.34562, 16.490499, 15.961877, 15.658954 ] }, { "date": "2023-10-27", "close": 17.039654, "volume": 74301349, "typical_volume": 75486719.95, "trend": 15.399459, "fair_value": 17.090237, "relative_strength": 23.642082, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.053226, "energy": 65.908394, "activity_lines": [ 17.399809, 16.72065, 16.08163, 15.763387 ] }, { "date": "2023-11-03", "close": 18.873472, "volume": 76154555, "typical_volume": 75033476.95, "trend": 15.493628, "fair_value": 17.058955, "relative_strength": 34.542319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.908908, "energy": 78.755281, "activity_lines": [ 17.977379, 17.235201, 16.367866, 15.987517 ] }, { "date": "2023-11-10", "close": 19.250149, "volume": 274834637, "typical_volume": 84987845.2, "trend": 15.578215, "fair_value": 17.029061, "relative_strength": 34.846044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.494046, "energy": 71.827526, "activity_lines": [ 18.480275, 17.731008, 16.676477, 16.229873 ] }, { "date": "2023-11-17", "close": 19.785425, "volume": 221329342, "typical_volume": 92700244.7, "trend": 15.726903, "fair_value": 17.009024, "relative_strength": 37.520642, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.094041, "energy": 71.777825, "activity_lines": [ 18.946164, 18.219786, 17.0203, 16.501306 ] }, { "date": "2023-11-24", "close": 17.852482, "volume": 108899740, "typical_volume": 95262634.55, "trend": 15.863365, "fair_value": 16.978561, "relative_strength": 25.128412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.691964, "energy": 53.490089, "activity_lines": [ 18.72941, 18.275116, 17.161341, 16.638441 ] }, { "date": "2023-12-01", "close": 18.258894, "volume": 73831950, "typical_volume": 97232405.05, "trend": 16.030226, "fair_value": 16.962038, "relative_strength": 28.529451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.940746, "energy": 41.70543, "activity_lines": [ 18.628963, 18.37334, 17.331365, 16.792991 ] }, { "date": "2023-12-08", "close": 17.37668, "volume": 49969870, "typical_volume": 96034545.25, "trend": 16.177923, "fair_value": 16.936914, "relative_strength": 23.545869, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.117354, "energy": 28.326967, "activity_lines": [ 18.153161, 18.265023, 17.402405, 16.879859 ] }, { "date": "2023-12-15", "close": 17.029741, "volume": 31846700, "typical_volume": 90436429.65, "trend": 16.318681, "fair_value": 16.912601, "relative_strength": 22.391379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.82569, "energy": 20.23038, "activity_lines": [ 17.6615, 18.066232, 17.436391, 16.934815 ] }, { "date": "2023-12-22", "close": 16.544027, "volume": 29640112, "typical_volume": 82358786.1, "trend": 16.399303, "fair_value": 16.887673, "relative_strength": 20.161517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.177916, "energy": 17.859469, "activity_lines": [ 17.155961, 17.760745, 17.423174, 16.949353 ] }, { "date": "2023-12-29", "close": 17.594755, "volume": 40953090, "typical_volume": 81354901.35, "trend": 16.508341, "fair_value": 16.867964, "relative_strength": 22.999775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.223778, "energy": 18.853066, "activity_lines": [ 17.216757, 17.694782, 17.50592, 17.026479 ] }, { "date": "2024-01-05", "close": 16.316036, "volume": 27789115, "typical_volume": 80900844.1, "trend": 16.541383, "fair_value": 16.848849, "relative_strength": 18.556898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.163013, "energy": 11.985492, "activity_lines": [ 16.868496, 17.395783, 17.453431, 17.014072 ] }, { "date": "2024-01-12", "close": 15.899712, "volume": 25610769, "typical_volume": 81138367.45, "trend": 16.536757, "fair_value": 16.832509, "relative_strength": 16.273971, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.08532, "energy": 22.375591, "activity_lines": [ 16.510984, 17.034246, 17.351898, 16.972674 ] }, { "date": "2024-01-19", "close": 15.711373, "volume": 35949737, "typical_volume": 81747933.0, "trend": 16.529157, "fair_value": 16.818979, "relative_strength": 17.049583, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.268363, "energy": 35.417043, "activity_lines": [ 16.189157, 16.692534, 17.223743, 16.919424 ] }, { "date": "2024-01-26", "close": 15.076971, "volume": 32846525, "typical_volume": 80132094.55, "trend": 16.503054, "fair_value": 16.795045, "relative_strength": 12.068475, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.456232, "energy": 49.954432, "activity_lines": [ 15.743754, 16.299817, 17.02469, 16.825734 ] }, { "date": "2024-02-02", "close": 12.162685, "volume": 37081532, "typical_volume": 78717921.45, "trend": 16.381461, "fair_value": 16.756982, "relative_strength": -1.920204, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.497323, "energy": 69.191719, "activity_lines": [ 14.424726, 15.462839, 16.54903, 16.54571 ] }, { "date": "2024-02-09", "close": 11.508456, "volume": 55286201, "typical_volume": 78882381.15, "trend": 16.261188, "fair_value": 16.709325, "relative_strength": -15.005077, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.392205, "energy": 90.315292, "activity_lines": [ 13.249759, 14.61036, 16.030037, 16.231323 ] }, { "date": "2024-02-23", "close": 13.649566, "volume": 53285948, "typical_volume": 79133560.2, "trend": 16.165037, "fair_value": 16.663568, "relative_strength": -1.962234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.860329, "energy": 82.510584, "activity_lines": [ 13.109002, 14.26991, 15.735022, 16.062831 ] }, { "date": "2024-03-01", "close": 14.145192, "volume": 56207155, "typical_volume": 79679906.15, "trend": 16.075494, "fair_value": 16.631474, "relative_strength": -2.445018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.086498, "energy": 79.295622, "activity_lines": [ 13.283462, 14.087339, 15.497781, 15.932519 ] }, { "date": "2024-03-08", "close": 14.125366, "volume": 46530082, "typical_volume": 73467350.55, "trend": 16.023618, "fair_value": 16.610544, "relative_strength": -2.027302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.301548, "energy": 60.22775, "activity_lines": [ 13.555726, 13.95361, 15.267574, 15.806704 ] }, { "date": "2024-03-15", "close": 14.363268, "volume": 29729778, "typical_volume": 69103909.35, "trend": 16.010071, "fair_value": 16.59105, "relative_strength": -2.936854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.24607, "energy": 34.08766, "activity_lines": [ 13.970731, 13.907111, 15.08424, 15.699585 ] }, { "date": "2024-03-22", "close": 15.076971, "volume": 77854255, "typical_volume": 69281554.65, "trend": 16.034522, "fair_value": 16.570418, "relative_strength": 2.20359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.483879, "energy": 22.998015, "activity_lines": [ 14.476932, 14.049131, 14.984123, 15.639385 ] }, { "date": "2024-03-29", "close": 14.49213, "volume": 38070364, "typical_volume": 67377345.1, "trend": 16.048399, "fair_value": 16.548849, "relative_strength": -0.047301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.000799, "energy": 21.43696, "activity_lines": [ 14.550284, 14.107344, 14.837654, 15.539875 ] }, { "date": "2024-04-05", "close": 14.928284, "volume": 36723660, "typical_volume": 55471796.25, "trend": 16.095649, "fair_value": 16.530032, "relative_strength": 1.352737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.055242, "energy": 20.714983, "activity_lines": [ 14.71285, 14.270451, 14.753586, 15.46761 ] }, { "date": "2024-04-12", "close": 13.917204, "volume": 45414950, "typical_volume": 46676076.65, "trend": 16.050382, "fair_value": 16.513033, "relative_strength": -2.440396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.643119, "energy": 19.754739, "activity_lines": [ 14.486184, 14.263962, 14.593805, 15.327065 ] }, { "date": "2024-04-19", "close": 12.658312, "volume": 59402818, "typical_volume": 44201230.55, "trend": 15.934075, "fair_value": 16.480289, "relative_strength": -11.719589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.026149, "energy": 36.892784, "activity_lines": [ 13.853764, 14.049671, 14.342074, 15.108222 ] }, { "date": "2024-04-26", "close": 13.540526, "volume": 33100578, "typical_volume": 42164661.95, "trend": 15.861383, "fair_value": 16.452709, "relative_strength": -7.559343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.950987, "energy": 34.612001, "activity_lines": [ 13.629079, 13.986772, 14.199097, 14.953799 ] }, { "date": "2024-05-03", "close": 14.006416, "volume": 14659680, "typical_volume": 40399152.45, "trend": 15.799264, "fair_value": 16.426376, "relative_strength": -5.910849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.906266, "energy": 35.398926, "activity_lines": [ 13.662121, 13.971632, 14.12296, 14.834124 ] }, { "date": "2024-05-10", "close": 13.560352, "volume": 28793604, "typical_volume": 40246497.65, "trend": 15.717321, "fair_value": 16.395754, "relative_strength": -10.505404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.370818, "energy": 41.390757, "activity_lines": [ 13.578855, 13.868902, 14.020388, 14.689678 ] }, { "date": "2024-05-17", "close": 13.827991, "volume": 25253718, "typical_volume": 40027177.95, "trend": 15.537904, "fair_value": 16.368589, "relative_strength": -8.833847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.059942, "energy": 30.750913, "activity_lines": [ 13.675998, 13.825468, 13.959828, 14.567786 ] }, { "date": "2024-05-24", "close": 13.179959, "volume": 68049106, "typical_volume": 41381978.75, "trend": 15.391735, "fair_value": 16.337181, "relative_strength": -10.738036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.142481, "energy": 33.099982, "activity_lines": [ 13.563078, 13.669615, 13.850483, 14.41566 ] }, { "date": "2024-05-31", "close": 13.808051, "volume": 48641290, "typical_volume": 42424587.5, "trend": 15.284015, "fair_value": 16.311004, "relative_strength": -6.114686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.05319, "energy": 28.794543, "activity_lines": [ 13.624746, 13.649477, 13.821979, 14.313487 ] }, { "date": "2024-06-07", "close": 12.601716, "volume": 44064024, "typical_volume": 43347250.25, "trend": 15.074956, "fair_value": 16.273568, "relative_strength": -13.362201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.81855, "energy": 36.68607, "activity_lines": [ 13.266466, 13.433075, 13.690529, 14.140436 ] }, { "date": "2024-06-14", "close": 13.548839, "volume": 30241370, "typical_volume": 43061831.9, "trend": 14.884913, "fair_value": 16.24805, "relative_strength": -6.89699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.972545, "energy": 30.506287, "activity_lines": [ 13.317541, 13.42325, 13.664987, 14.041977 ] }, { "date": "2024-06-21", "close": 13.399292, "volume": 33684389, "typical_volume": 43103725.1, "trend": 14.672042, "fair_value": 16.227865, "relative_strength": -6.012153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.296006, "energy": 27.280575, "activity_lines": [ 13.319535, 13.411314, 13.635499, 13.94613 ] }, { "date": "2024-06-28", "close": 13.179959, "volume": 39525111, "typical_volume": 43225904.05, "trend": 14.516291, "fair_value": 16.203999, "relative_strength": -5.384702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.611927, "energy": 29.003132, "activity_lines": [ 13.276998, 13.368917, 13.593111, 13.849867 ] }, { "date": "2024-07-05", "close": 12.192957, "volume": 26212680, "typical_volume": 41772228.0, "trend": 14.314093, "fair_value": 16.174341, "relative_strength": -10.893694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.766924, "energy": 35.647324, "activity_lines": [ 12.905459, 13.13758, 13.451879, 13.699974 ] }, { "date": "2024-07-12", "close": 12.990535, "volume": 28744945, "typical_volume": 40545177.85, "trend": 14.167888, "fair_value": 16.147832, "relative_strength": -6.802731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.910049, "energy": 33.312829, "activity_lines": [ 12.907454, 13.075758, 13.383348, 13.614583 ] }, { "date": "2024-07-19", "close": 12.651564, "volume": 43849774, "typical_volume": 39927308.8, "trend": 14.021949, "fair_value": 16.118332, "relative_strength": -9.77171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.825218, "energy": 41.973099, "activity_lines": [ 12.770536, 12.970776, 13.285671, 13.516756 ] }, { "date": "2024-07-26", "close": 11.794169, "volume": 49843954, "typical_volume": 40093002.4, "trend": 13.86362, "fair_value": 16.078716, "relative_strength": -12.763828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.802411, "energy": 58.819026, "activity_lines": [ 12.407639, 12.726428, 13.113451, 13.373028 ] }, { "date": "2024-08-02", "close": 11.844018, "volume": 31398100, "typical_volume": 40176418.5, "trend": 13.671929, "fair_value": 16.043007, "relative_strength": -11.762431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.969546, "energy": 54.552414, "activity_lines": [ 12.168366, 12.528121, 12.957079, 13.242731 ] }, { "date": "2024-08-09", "close": 11.574835, "volume": 34251342, "typical_volume": 37996272.85, "trend": 13.513889, "fair_value": 15.997725, "relative_strength": -12.089307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.362837, "energy": 62.514113, "activity_lines": [ 11.928428, 12.305162, 12.787067, 13.107435 ] }, { "date": "2024-08-16", "close": 12.013503, "volume": 30546651, "typical_volume": 37620087.2, "trend": 13.384349, "fair_value": 15.921751, "relative_strength": -8.418475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.459729, "energy": 56.040991, "activity_lines": [ 11.875921, 12.202565, 12.675509, 13.010636 ] }, { "date": "2024-08-23", "close": 11.524987, "volume": 26260517, "typical_volume": 37096930.05, "trend": 13.244802, "fair_value": 15.830088, "relative_strength": -10.428542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.119236, "energy": 53.978032, "activity_lines": [ 11.72571, 12.021841, 12.529229, 12.890677 ] }, { "date": "2024-08-30", "close": 12.13314, "volume": 40606416, "typical_volume": 36856503.35, "trend": 13.146675, "fair_value": 15.74313, "relative_strength": -7.704645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.017731, "energy": 38.083092, "activity_lines": [ 11.853323, 11.988488, 12.457075, 12.818957 ] }, { "date": "2024-09-06", "close": 11.77423, "volume": 40994194, "typical_volume": 35936072.15, "trend": 13.133726, "fair_value": 15.659433, "relative_strength": -8.164961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.472314, "energy": 36.010447, "activity_lines": [ 11.838701, 11.912899, 12.359235, 12.730412 ] }, { "date": "2024-09-13", "close": 10.896895, "volume": 38319171, "typical_volume": 36197001.8, "trend": 13.113341, "fair_value": 15.57684, "relative_strength": -13.340284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.999463, "energy": 47.653787, "activity_lines": [ 11.536286, 11.703354, 12.182048, 12.5861 ] }, { "date": "2024-09-20", "close": 10.956713, "volume": 15964613, "typical_volume": 36262248.45, "trend": 13.023579, "fair_value": 15.498711, "relative_strength": -13.627581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.249668, "energy": 50.221673, "activity_lines": [ 11.299007, 11.52825, 12.023148, 12.446963 ] }, { "date": "2024-09-27", "close": 12.212897, "volume": 69436257, "typical_volume": 38294381.1, "trend": 12.959169, "fair_value": 15.420562, "relative_strength": -18.025554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.473015, "energy": 37.280755, "activity_lines": [ 11.550908, 11.618521, 11.998406, 12.394661 ] }, { "date": "2024-10-04", "close": 13.389323, "volume": 22952067, "typical_volume": 38179298.55, "trend": 12.934635, "fair_value": 15.363634, "relative_strength": -18.503511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.025198, "energy": 11.302721, "activity_lines": [ 12.149091, 11.930664, 12.092121, 12.422413 ] }, { "date": "2024-10-11", "close": 12.45217, "volume": 69060561, "typical_volume": 38229871.3, "trend": 12.870931, "fair_value": 15.302178, "relative_strength": -20.333776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.970429, "energy": 17.355315, "activity_lines": [ 12.351144, 12.043412, 12.098673, 12.391286 ] }, { "date": "2024-10-18", "close": 14.057294, "volume": 58243661, "typical_volume": 38709989.85, "trend": 12.836942, "fair_value": 15.261327, "relative_strength": -12.043146, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.375093, "energy": 34.057515, "activity_lines": [ 13.043042, 12.436944, 12.261559, 12.467826 ] }, { "date": "2024-10-25", "close": 16.270569, "volume": 257530427, "typical_volume": 49383310.0, "trend": 12.896223, "fair_value": 15.231479, "relative_strength": -0.331162, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.349287, "energy": 66.540145, "activity_lines": [ 14.262005, 13.187753, 12.634046, 12.68935 ] }, { "date": "2024-11-01", "close": 17.536724, "volume": 158538461, "typical_volume": 55798164.55, "trend": 12.983171, "fair_value": 15.207774, "relative_strength": 9.204615, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.648671, "energy": 91.636051, "activity_lines": [ 15.548763, 14.091372, 13.109649, 12.988737 ] }, { "date": "2024-11-08", "close": 17.496843, "volume": 261260988, "typical_volume": 67176994.5, "trend": 13.102493, "fair_value": 15.181885, "relative_strength": 2.508952, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.255424, "energy": 92.41333, "activity_lines": [ 16.467305, 14.878435, 13.562464, 13.279942 ] }, { "date": "2024-11-15", "close": 15.9316, "volume": 118719696, "typical_volume": 71136723.75, "trend": 13.211602, "fair_value": 15.151613, "relative_strength": -2.529496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.257422, "energy": 84.227108, "activity_lines": [ 16.590265, 15.283387, 13.846695, 13.462465 ] }, { "date": "2024-11-22", "close": 15.472993, "volume": 78488655, "typical_volume": 73750522.5, "trend": 13.276018, "fair_value": 15.134144, "relative_strength": -1.901058, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.65105, "energy": 72.478002, "activity_lines": [ 16.328394, 15.529367, 14.074147, 13.608361 ] }, { "date": "2024-11-29", "close": 16.659388, "volume": 83573950, "typical_volume": 76491972.75, "trend": 13.36445, "fair_value": 15.124325, "relative_strength": 4.223063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.898101, "energy": 54.558402, "activity_lines": [ 16.367608, 15.907853, 14.39897, 13.826643 ] }, { "date": "2024-12-06", "close": 16.230692, "volume": 62335578, "typical_volume": 77416262.95, "trend": 13.453462, "fair_value": 15.109246, "relative_strength": 0.330439, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.132918, "energy": 43.937924, "activity_lines": [ 16.238002, 16.10471, 14.665494, 14.011562 ] }, { "date": "2024-12-13", "close": 15.861812, "volume": 52993068, "typical_volume": 77573718.65, "trend": 13.521256, "fair_value": 15.091041, "relative_strength": -0.803085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.036888, "energy": 36.147926, "activity_lines": [ 16.072505, 16.161447, 14.879843, 14.166939 ] }, { "date": "2024-12-20", "close": 15.861812, "volume": 48407680, "typical_volume": 78424197.65, "trend": 13.610651, "fair_value": 15.073328, "relative_strength": 0.23533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.585096, "energy": 33.685384, "activity_lines": [ 16.01601, 16.173229, 15.074822, 14.317943 ] }, { "date": "2024-12-27", "close": 15.742175, "volume": 42132767, "typical_volume": 78818268.9, "trend": 13.675121, "fair_value": 15.050633, "relative_strength": -0.235737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.108304, "energy": 28.710987, "activity_lines": [ 15.924289, 16.101266, 15.239274, 14.455461 ] }, { "date": "2025-01-03", "close": 14.416203, "volume": 53359794, "typical_volume": 79958926.05, "trend": 13.735604, "fair_value": 15.02038, "relative_strength": -1.094924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.195687, "energy": 18.374055, "activity_lines": [ 15.372631, 15.757583, 15.2576, 14.503272 ] }, { "date": "2025-01-10", "close": 14.186899, "volume": 40095125, "typical_volume": 80650656.45, "trend": 13.756873, "fair_value": 14.987894, "relative_strength": -1.222322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.364159, "energy": 17.242563, "activity_lines": [ 14.894085, 15.405924, 15.242645, 14.532388 ] }, { "date": "2025-01-17", "close": 15.273599, "volume": 50164737, "typical_volume": 81128572.5, "trend": 13.81935, "fair_value": 14.960446, "relative_strength": 2.876609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.767389, "energy": 15.180192, "activity_lines": [ 14.914024, 15.312752, 15.31851, 14.630241 ] }, { "date": "2025-01-24", "close": 15.423144, "volume": 54929579, "typical_volume": 81825341.75, "trend": 13.894123, "fair_value": 14.9314, "relative_strength": 2.949943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.114718, "energy": 16.160919, "activity_lines": [ 15.023026, 15.287194, 15.393662, 14.733712 ] }, { "date": "2025-01-31", "close": 14.924659, "volume": 8578300, "typical_volume": 80338298.2, "trend": 13.985179, "fair_value": 14.894539, "relative_strength": 1.299171, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.025066, "energy": 12.393687, "activity_lines": [ 14.995111, 15.180246, 15.403964, 14.800198 ] }, { "date": "2025-02-07", "close": 15.841872, "volume": 40725495, "typical_volume": 81576342.3, "trend": 14.080224, "fair_value": 14.863154, "relative_strength": 3.271566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.986986, "energy": 22.911742, "activity_lines": [ 15.327435, 15.250034, 15.48244, 14.919985 ] }, { "date": "2025-02-14", "close": 16.430084, "volume": 76095720, "typical_volume": 81909315.45, "trend": 14.206175, "fair_value": 14.837693, "relative_strength": 5.06607, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.725919, "energy": 42.548346, "activity_lines": [ 15.760785, 15.441633, 15.593674, 15.071589 ] }, { "date": "2025-02-21", "close": 16.210752, "volume": 62874597, "typical_volume": 83905441.95, "trend": 14.353394, "fair_value": 14.820244, "relative_strength": 1.422379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.330864, "energy": 46.103996, "activity_lines": [ 15.971478, 15.589729, 15.663936, 15.200916 ] }, { "date": "2025-02-28", "close": 16.150934, "volume": 134330820, "typical_volume": 87168954.9, "trend": 14.496958, "fair_value": 14.80591, "relative_strength": 4.636467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.586958, "energy": 52.985249, "activity_lines": [ 16.099756, 15.720604, 15.715067, 15.316886 ] }, { "date": "2025-03-07", "close": 16.808935, "volume": 77688878, "typical_volume": 88141215.75, "trend": 14.671428, "fair_value": 14.794537, "relative_strength": 6.504861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.099704, "energy": 60.706921, "activity_lines": [ 16.398847, 15.965859, 15.811251, 15.466046 ] }, { "date": "2025-03-14", "close": 16.5896, "volume": 56097189, "typical_volume": 78069553.85, "trend": 14.823965, "fair_value": 14.780818, "relative_strength": 3.803403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.975872, "energy": 50.417133, "activity_lines": [ 16.499209, 16.15184, 15.873443, 15.589799 ] }, { "date": "2025-03-21", "close": 15.772084, "volume": 42141020, "typical_volume": 72249681.8, "trend": 14.965534, "fair_value": 14.762754, "relative_strength": 1.507526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.413791, "energy": 34.062015, "activity_lines": [ 16.277216, 16.149664, 15.856257, 15.650968 ] }, { "date": "2025-03-28", "close": 15.293538, "volume": 27775705, "typical_volume": 60575417.65, "trend": 15.070881, "fair_value": 14.745794, "relative_strength": -0.696896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.736205, "energy": 17.153643, "activity_lines": [ 15.939575, 16.031659, 15.801898, 15.67213 ] }, { "date": "2025-04-04", "close": 14.824962, "volume": 20176177, "typical_volume": 55648241.7, "trend": 15.172572, "fair_value": 14.733455, "relative_strength": -1.320901, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.425835, "energy": 13.186194, "activity_lines": [ 15.50689, 15.828096, 15.713405, 15.656264 ] }, { "date": "2025-04-11", "close": 14.476022, "volume": 49021346, "typical_volume": 54174876.25, "trend": 15.291876, "fair_value": 14.725741, "relative_strength": 1.610687, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.051591, "energy": 31.871351, "activity_lines": [ 15.046289, 15.571965, 15.59695, 15.611325 ] }, { "date": "2025-04-18", "close": 14.236749, "volume": 18550400, "typical_volume": 50923698.75, "trend": 15.401211, "fair_value": 14.719364, "relative_strength": 0.348817, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.731217, "energy": 53.311513, "activity_lines": [ 14.661459, 15.280487, 15.462454, 15.543253 ] }, { "date": "2025-04-25", "close": 13.907748, "volume": 23943760, "typical_volume": 49004107.85, "trend": 15.457706, "fair_value": 14.71025, "relative_strength": -3.272332, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.476601, "energy": 73.8902, "activity_lines": [ 14.323818, 14.958375, 15.30816, 15.4469 ] }, { "date": "2025-05-02", "close": 12.950656, "volume": 29125712, "typical_volume": 47810740.05, "trend": 15.443084, "fair_value": 14.698678, "relative_strength": -9.588781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.060854, "energy": 82.001918, "activity_lines": [ 13.791435, 14.508106, 15.073777, 15.285155 ] }, { "date": "2025-05-09", "close": 13.598687, "volume": 27021130, "typical_volume": 46741412.55, "trend": 15.481301, "fair_value": 14.700276, "relative_strength": -7.130357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.10477, "energy": 76.855824, "activity_lines": [ 13.631255, 14.234936, 14.914974, 15.166162 ] }, { "date": "2025-05-16", "close": 13.439171, "volume": 18762618, "typical_volume": 45572905.1, "trend": 15.460697, "fair_value": 14.704573, "relative_strength": -8.569078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.846869, "energy": 75.030917, "activity_lines": [ 13.499654, 13.979167, 14.751755, 15.034411 ] }, { "date": "2025-05-23", "close": 12.970595, "volume": 19535020, "typical_volume": 43881666.4, "trend": 15.350698, "fair_value": 14.714836, "relative_strength": -11.20601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.996511, "energy": 75.395386, "activity_lines": [ 13.280985, 13.699472, 14.554877, 14.87376 ] }, { "date": "2025-05-30", "close": 13.04, "volume": 18878460, "typical_volume": 42820833.15, "trend": 15.200807, "fair_value": 14.725814, "relative_strength": -9.703121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.31747, "energy": 67.163538, "activity_lines": [ 13.169862, 13.498195, 14.371493, 14.724682 ] }, { "date": "2025-06-06", "close": 13.28, "volume": 13456424, "typical_volume": 40985417.5, "trend": 15.060246, "fair_value": 14.735594, "relative_strength": -9.26342, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.382514, "energy": 60.496458, "activity_lines": [ 13.196588, 13.390229, 14.216427, 14.600759 ] }, { "date": "2025-06-13", "close": 13.12, "volume": 26230781, "typical_volume": 39550477.6, "trend": 14.966525, "fair_value": 14.743048, "relative_strength": -9.607724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.650855, "energy": 56.062593, "activity_lines": [ 13.148024, 13.289782, 14.055617, 14.475582 ] }, { "date": "2025-06-20", "close": 14.08, "volume": 45491175, "typical_volume": 41396121.35, "trend": 14.920092, "fair_value": 14.757867, "relative_strength": -1.765109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.820273, "energy": 37.794627, "activity_lines": [ 13.451373, 13.39488, 13.997202, 14.418387 ] }, { "date": "2025-06-27", "close": 14.38, "volume": 44274552, "typical_volume": 41573574.2, "trend": 14.844113, "fair_value": 14.770303, "relative_strength": -3.147674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.172886, "energy": 23.123868, "activity_lines": [ 13.812, 13.561723, 13.971382, 14.383542 ] }, { "date": "2025-07-04", "close": 15.46, "volume": 86528008, "typical_volume": 42095188.6, "trend": 14.818423, "fair_value": 14.790425, "relative_strength": 2.740941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.746439, "energy": 16.929875, "activity_lines": [ 14.438667, 13.922326, 14.055379, 14.423277 ] }, { "date": "2025-07-11", "close": 15.7, "volume": 60902804, "typical_volume": 41996598.95, "trend": 14.813029, "fair_value": 14.810515, "relative_strength": 2.507577, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.899463, "energy": 39.237548, "activity_lines": [ 14.984, 14.298342, 14.166853, 14.480153 ] }, { "date": "2025-07-18", "close": 14.82, "volume": 49304114, "typical_volume": 37745263.65, "trend": 14.778302, "fair_value": 14.817878, "relative_strength": -5.088121, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.96933, "energy": 33.560278, "activity_lines": [ 15.074667, 14.46437, 14.19695, 14.480603 ] }, { "date": "2025-07-25", "close": 14.85, "volume": 27903200, "typical_volume": 35255979.75, "trend": 14.748563, "fair_value": 14.82808, "relative_strength": -7.008784, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.793008, "energy": 33.254029, "activity_lines": [ 15.062, 14.613647, 14.236242, 14.485228 ] }, { "date": "2025-08-01", "close": 14.71, "volume": 27684210, "typical_volume": 33835330.8, "trend": 14.758356, "fair_value": 14.839452, "relative_strength": -6.34521, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.573906, "energy": 36.989461, "activity_lines": [ 14.951333, 14.711818, 14.271528, 14.48274 ] }, { "date": "2025-08-08", "close": 15.14, "volume": 36813665, "typical_volume": 33568963.05, "trend": 14.790126, "fair_value": 14.859681, "relative_strength": -4.773423, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.603346, "energy": 21.055186, "activity_lines": [ 14.962, 14.856545, 14.356718, 14.507362 ] }, { "date": "2025-08-15", "close": 15.34, "volume": 49636339, "typical_volume": 34661994.75, "trend": 14.79234, "fair_value": 14.875283, "relative_strength": -7.561978, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.18505, "energy": 22.796334, "activity_lines": [ 15.060667, 14.999455, 14.463965, 14.542838 ] }, { "date": "2025-08-22", "close": 15.92, "volume": 58594578, "typical_volume": 36582914.8, "trend": 14.808902, "fair_value": 14.893523, "relative_strength": -8.133195, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.923084, "energy": 35.207899, "activity_lines": [ 15.376667, 15.210364, 14.626229, 14.61559 ] }, { "date": "2025-08-29", "close": 15.53, "volume": 61046183, "typical_volume": 37184156.65, "trend": 14.82908, "fair_value": 14.902082, "relative_strength": -13.857728, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.934717, "energy": 39.025505, "activity_lines": [ 15.489333, 15.299455, 14.746135, 14.662113 ] }, { "date": "2025-09-05", "close": 15.04, "volume": 47138972, "typical_volume": 38613585.25, "trend": 14.802351, "fair_value": 14.891424, "relative_strength": -15.586161, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.499637, "energy": 27.009378, "activity_lines": [ 15.393333, 15.273091, 14.814356, 14.675721 ] }, { "date": "2025-09-12", "close": 14.95, "volume": 30620407, "typical_volume": 38947417.6, "trend": 14.753014, "fair_value": 14.868243, "relative_strength": -18.025071, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.165543, "energy": 20.857726, "activity_lines": [ 15.245333, 15.218364, 14.870181, 14.685246 ] }, { "date": "2025-09-19", "close": 14.72, "volume": 37691995, "typical_volume": 39375731.75, "trend": 14.703323, "fair_value": 14.864875, "relative_strength": -19.940616, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.864817, "energy": 7.813381, "activity_lines": [ 15.033333, 15.131091, 14.899137, 14.683117 ] }, { "date": "2025-09-26", "close": 14.89, "volume": 46307097, "typical_volume": 40340030.1, "trend": 14.661292, "fair_value": 14.864439, "relative_strength": -19.691345, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.019816, "energy": 18.345543, "activity_lines": [ 14.919333, 15.092545, 14.935859, 14.69516 ] }, { "date": "2025-10-03", "close": 14.53, "volume": 12953440, "typical_volume": 40049571.2, "trend": 14.585327, "fair_value": 14.869447, "relative_strength": -23.265003, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.033319, "energy": 16.634237, "activity_lines": [ 14.754, 14.987273, 14.932146, 14.68669 ] }, { "date": "2025-10-10", "close": 14.06, "volume": 17589385, "typical_volume": 39952289.45, "trend": 14.501007, "fair_value": 14.878115, "relative_strength": -24.604367, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.588338, "energy": 20.291012, "activity_lines": [ 14.498667, 14.802364, 14.878476, 14.652798 ] }, { "date": "2025-10-17", "close": 13.4, "volume": 27647418, "typical_volume": 40390737.35, "trend": 14.421938, "fair_value": 14.884648, "relative_strength": -24.054354, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.392143, "energy": 43.906634, "activity_lines": [ 14.088667, 14.509273, 14.756762, 14.581765 ] }, { "date": "2025-10-24", "close": 14.16, "volume": 21016054, "typical_volume": 40768718.85, "trend": 14.384153, "fair_value": 14.900756, "relative_strength": -22.874163, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.454905, "energy": 40.099673, "activity_lines": [ 14.035333, 14.386, 14.705714, 14.564866 ] }, { "date": "2025-10-31", "close": 13.9, "volume": 22276380, "typical_volume": 40570998.8, "trend": 14.353321, "fair_value": 14.91221, "relative_strength": -24.119993, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.782264, "energy": 43.811202, "activity_lines": [ 13.932667, 14.236909, 14.625714, 14.53363 ] }, { "date": "2025-11-07", "close": 14.22, "volume": 23049184, "typical_volume": 39448899.25, "trend": 14.344787, "fair_value": 14.917074, "relative_strength": -21.967504, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.257402, "energy": 33.393891, "activity_lines": [ 14.002667, 14.182727, 14.572476, 14.525029 ] }, { "date": "2025-11-14", "close": 14.2, "volume": 23037700, "typical_volume": 38387056.65, "trend": 14.343562, "fair_value": 14.903891, "relative_strength": -20.510203, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.196082, "energy": 15.057042, "activity_lines": [ 14.086667, 14.148727, 14.516667, 14.515688 ] }, { "date": "2025-11-21", "close": 13.66, "volume": 26686500, "typical_volume": 35394981.25, "trend": 14.335304, "fair_value": 14.89036, "relative_strength": -18.945369, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.091763, "energy": 23.437815, "activity_lines": [ 13.981333, 14.031818, 14.410286, 14.471587 ] }, { "date": "2025-11-28", "close": 14.64, "volume": 66671241, "typical_volume": 35683403.1, "trend": 14.391615, "fair_value": 14.885653, "relative_strength": -15.58004, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.484364, "energy": 5.877259, "activity_lines": [ 14.185333, 14.116545, 14.40581, 14.491245 ] }, { "date": "2025-12-05", "close": 14.71, "volume": 108559501, "typical_volume": 38646172.45, "trend": 14.428659, "fair_value": 14.887939, "relative_strength": -15.76466, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.972008, "energy": 5.900327, "activity_lines": [ 14.380667, 14.215455, 14.413048, 14.511786 ] }, { "date": "2025-12-12", "close": 14.15, "volume": 44970947, "typical_volume": 39499559.8, "trend": 14.452353, "fair_value": 14.890511, "relative_strength": -19.163903, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.188958, "energy": 5.343529, "activity_lines": [ 14.335333, 14.215818, 14.367476, 14.493808 ] }, { "date": "2025-12-19", "close": 13.82, "volume": 29959278, "typical_volume": 39613313.2, "trend": 14.480667, "fair_value": 14.88741, "relative_strength": -19.827806, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.279183, "energy": 18.568641, "activity_lines": [ 14.184667, 14.163091, 14.29381, 14.453011 ] }, { "date": "2025-12-26", "close": 14.1, "volume": 36532449, "typical_volume": 39599252.4, "trend": 14.516, "fair_value": 14.885913, "relative_strength": -20.4782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.66882, "energy": 20.19795, "activity_lines": [ 14.152667, 14.165636, 14.251048, 14.428452 ] }, { "date": "2026-01-02", "close": 14.07, "volume": 14485693, "typical_volume": 37841720.1, "trend": 14.542333, "fair_value": 14.875391, "relative_strength": -19.691361, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.710206, "energy": 27.100221, "activity_lines": [ 14.081333, 14.15, 14.210381, 14.399677 ] }, { "date": "2026-01-09", "close": 14.54, "volume": 48220250, "typical_volume": 37323003.7, "trend": 14.589667, "fair_value": 14.87214, "relative_strength": -20.009598, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.292213, "energy": 15.516991, "activity_lines": [ 14.204667, 14.221455, 14.220524, 14.399527 ] }, { "date": "2026-01-16", "close": 15.41, "volume": 63444776, "typical_volume": 37442933.35, "trend": 14.634, "fair_value": 14.884314, "relative_strength": -15.64432, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.571624, "energy": 11.750633, "activity_lines": [ 14.629333, 14.439455, 14.320095, 14.452452 ] }, { "date": "2026-01-23", "close": 15.44, "volume": 62725386, "typical_volume": 38222254.05, "trend": 14.669333, "fair_value": 14.881685, "relative_strength": -15.865471, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.603815, "energy": 36.561407, "activity_lines": [ 14.98, 14.641273, 14.423095, 14.504452 ] }, { "date": "2026-01-30", "close": 14.59, "volume": 39448881, "typical_volume": 38663677.75, "trend": 14.640333, "fair_value": 14.877356, "relative_strength": -18.644219, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.969685, "energy": 27.003092, "activity_lines": [ 14.939333, 14.666, 14.443238, 14.499333 ] }, { "date": "2026-02-06", "close": 14.55, "volume": 26280403, "typical_volume": 38093098.15, "trend": 14.602, "fair_value": 14.870674, "relative_strength": -16.547782, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.676251, "energy": 25.497737, "activity_lines": [ 14.852667, 14.666545, 14.461286, 14.493505 ] }, { "date": "2026-02-13", "close": 15.19, "volume": 33987266, "typical_volume": 37477106.6, "trend": 14.614333, "fair_value": 14.849922, "relative_strength": -13.473592, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.128794, "energy": 23.787873, "activity_lines": [ 14.947333, 14.785091, 14.541095, 14.531441 ] }, { "date": "2026-02-27", "close": 15.62, "volume": 38468169, "typical_volume": 38752843.05, "trend": 14.64, "fair_value": 14.834785, "relative_strength": -12.913864, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.252283, "energy": 23.191285, "activity_lines": [ 15.142, 14.973091, 14.660429, 14.596323 ] }, { "date": "2026-03-06", "close": 15.66, "volume": 67198493, "typical_volume": 41233298.45, "trend": 14.671667, "fair_value": 14.829245, "relative_strength": -10.121738, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.930263, "energy": 34.789137, "activity_lines": [ 15.336, 15.141636, 14.778381, 14.662129 ] }, { "date": "2026-03-13", "close": 15.57, "volume": 68972961, "typical_volume": 43299575.6, "trend": 14.686, "fair_value": 14.823065, "relative_strength": -10.6725, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.384789, "energy": 56.179219, "activity_lines": [ 15.485333, 15.260364, 14.880143, 14.720086 ] }, { "date": "2026-03-20", "close": 14.46, "volume": 42958992, "typical_volume": 44396722.5, "trend": 14.656667, "fair_value": 14.804368, "relative_strength": -13.925267, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.661091, "energy": 32.671959, "activity_lines": [ 15.199333, 15.150545, 14.865857, 14.705505 ] }, { "date": "2026-03-27", "close": 13.57, "volume": 60953642, "typical_volume": 46330585.6, "trend": 14.578333, "fair_value": 14.786384, "relative_strength": -17.964331, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 8.440754, "energy": 8.580656, "activity_lines": [ 14.622667, 14.871818, 14.765381, 14.635398 ] }, { "date": "2026-04-03", "close": 13.06, "volume": 25265118, "typical_volume": 46441382.3, "trend": 14.496, "fair_value": 14.759094, "relative_strength": -18.030113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -31.44743, "energy": 31.275793, "activity_lines": [ 13.984, 14.518, 14.617905, 14.537441 ] }, { "date": "2026-04-10", "close": 13.91, "volume": 20674254, "typical_volume": 46323210.0, "trend": 14.458333, "fair_value": 14.734902, "relative_strength": -17.9254, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.857091, "energy": 30.027849, "activity_lines": [ 13.799333, 14.361455, 14.556905, 14.499634 ] }, { "date": "2026-04-17", "close": 14.179888, "volume": 24593050, "typical_volume": 46218537.5, "trend": 14.432663, "fair_value": 14.722925, "relative_strength": -18.88619, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.813575, "energy": 35.561549, "activity_lines": [ 13.821296, 14.281798, 14.522989, 14.48167 ] }, { "date": "2026-04-24", "close": 14.768224, "volume": 55749071, "typical_volume": 45672429.0, "trend": 14.43427, "fair_value": 14.710461, "relative_strength": -15.182453, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.101167, "energy": 22.173257, "activity_lines": [ 14.132045, 14.316568, 14.54263, 14.503319 ] }, { "date": "2026-05-01", "close": 13.631439, "volume": 48858590, "typical_volume": 42687383.45, "trend": 14.392318, "fair_value": 14.699606, "relative_strength": -21.933758, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.59667, "energy": 14.338018, "activity_lines": [ 14.043317, 14.140682, 14.453395, 14.451524 ] }, { "date": "2026-05-08", "close": 14.618647, "volume": 34212178, "typical_volume": 42149445.0, "trend": 14.395273, "fair_value": 14.705119, "relative_strength": -18.232445, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.076168, "energy": 3.696033, "activity_lines": [ 14.279563, 14.172626, 14.463316, 14.466126 ] }, { "date": "2026-05-15", "close": 14.548844, "volume": 41184343, "typical_volume": 42710698.25, "trend": 14.411568, "fair_value": 14.713426, "relative_strength": -18.050557, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.929565, "energy": 6.351161, "activity_lines": [ 14.388631, 14.210085, 14.464358, 14.476033 ] }, { "date": "2026-05-22", "close": 15.565967, "volume": 114225211, "typical_volume": 46595336.35, "trend": 14.483767, "fair_value": 14.730222, "relative_strength": -12.045661, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.620323, "energy": 19.274416, "activity_lines": [ 14.79415, 14.452678, 14.558797, 14.550511 ] }, { "date": "2026-05-29", "close": 15.037461, "volume": 129844239, "typical_volume": 52363263.65, "trend": 14.513016, "fair_value": 14.74452, "relative_strength": -14.454833, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.455131, "energy": 29.547705, "activity_lines": [ 14.931096, 14.599253, 14.595922, 14.586233 ] }, { "date": "2026-06-05", "close": 15.675656, "volume": 20397852, "typical_volume": 50972143.75, "trend": 14.572204, "fair_value": 14.754457, "relative_strength": -8.88061, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.587751, "energy": 46.299158, "activity_lines": [ 15.262824, 14.851363, 14.68922, 14.661242 ] }, { "date": "2026-06-12", "close": 14.14, "volume": 26652574, "typical_volume": 49132533.65, "trend": 14.569538, "fair_value": 14.75328, "relative_strength": -15.357143, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.589181, "energy": 20.984951, "activity_lines": [ 14.946386, 14.785979, 14.630858, 14.633358 ] }, { "date": "2026-06-19", "close": 15.85, "volume": 77295840, "typical_volume": 49861056.35, "trend": 14.624538, "fair_value": 14.756647, "relative_strength": -10.96632, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.30814, "energy": 35.125497, "activity_lines": [ 15.231857, 15.011868, 14.7414, 14.715968 ] }, { "date": "2026-06-26", "close": 15.88, "volume": 26864032, "typical_volume": 49231813.9, "trend": 14.698538, "fair_value": 14.755631, "relative_strength": -8.759634, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.972033, "energy": 42.854625, "activity_lines": [ 15.440585, 15.207938, 14.852847, 14.796966 ] }, { "date": "2026-07-03", "close": 15.54, "volume": 21293880, "typical_volume": 48982487.75, "trend": 14.728538, "fair_value": 14.753071, "relative_strength": -9.038374, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.492056, "energy": 29.103078, "activity_lines": [ 15.515044, 15.31128, 14.92577, 14.851254 ] }, { "date": "2026-07-10", "close": 15.56, "volume": 133086985, "typical_volume": 53937473.7, "trend": 14.756871, "fair_value": 14.751148, "relative_strength": -4.856975, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.573239, "energy": 39.286955, "activity_lines": [ 15.562667, 15.404225, 14.995884, 14.904897 ] }, { "date": "2026-07-17", "close": 12.91, "volume": 155498177, "typical_volume": 59788974.1, "trend": 14.715538, "fair_value": 14.732555, "relative_strength": -12.530666, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 7.082777, "energy": 5.491279, "activity_lines": [ 14.734667, 14.980287, 14.811855, 14.785744 ] }, { "date": "2026-07-24", "close": 11.84, "volume": 66341947, "typical_volume": 59746146.8, "trend": 14.649538, "fair_value": 14.711551, "relative_strength": -19.458248, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.410857, "energy": 42.988919, "activity_lines": [ 13.632, 14.39287, 14.538826, 14.600225 ] }, { "date": "2026-07-31", "close": 12.04, "volume": 44389465, "typical_volume": 58516972.0, "trend": 14.580871, "fair_value": 14.682742, "relative_strength": -16.248489, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.192819, "energy": 63.88707, "activity_lines": [ 12.863333, 13.891069, 14.303034, 14.431868 ] }, { "date": "2026-08-07", "close": 13.0, "volume": 41792354, "typical_volume": 58458640.1, "trend": 14.545204, "fair_value": 14.658181, "relative_strength": -13.521173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.892992, "energy": 65.281431, "activity_lines": [ 12.670667, 13.627921, 14.175482, 14.329876 ] } ], "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." } } }