{ "ticker": { "uuid": "2e266bdf-e429-4290-aeae-faed06c26223", "symbol": "688217", "name": "Shanghai Rightongene Biotechnology Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -57.849, "architecture_energy": 46.678, "architecture_maturity": 56.475, "architecture_confidence": 83.324, "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": 17.49, "rotation_up": 23.76, "upward_expansion": 7.1, "deceleration": 60.29, "rotation_down": 47.14, "downward_expansion": 75.77 }, "activity_lines": [ 21.333334, 21.509273, 23.404809, 24.876667 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 23.190001, "trend_reference": 26.828, "distance_from_trend": -0.135605, "trend_direction": "Weakening", "fair_value": 26.003871, "distance_from_fair_value": -0.10821, "fair_value_direction": "Weakening", "relative_strength": -14.643034, "relative_strength_direction": "Weakening", "price_momentum": -0.224155, "excess_performance": -0.180951, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.135605, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.062668, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.10821, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.211591, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.14643, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.141662, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.224155, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.502871, "read": "Supply-led" } ], "volume": { "latest": 6129827, "relative_activity": 1.497744, "balance": 0.502871, "dry_up": 1.487476, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.117358, "annualized_volatility": 0.446177, "from_high_reference": -0.35198, "from_low_reference": 0.302078 }, "levels": { "trend_reference": 26.828, "fair_value_reference": 26.003871, "structural_low": 17.809999, "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": 19, "median_return": -0.01783, "positive_rate": 0.473684, "directional_follow_through": 0.526316, "median_excess_return": -0.008921, "regime_survival": 0.842105, "best_return": 0.409369, "worst_return": -0.332827, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.047543, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.030405, "regime_survival": 0.714286, "best_return": 0.3037, "worst_return": -0.337941, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.075129, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.025197, "regime_survival": 0.75, "best_return": 0.48975, "worst_return": -0.583228, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.267095, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.289781, "regime_survival": 0.5, "best_return": -0.155075, "worst_return": -0.379114, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-05", "end": "2024-11-08", "tenure": "Extended", "return": -0.429625, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-15", "end": "2024-12-20", "tenure": "Developing", "return": 0.05329, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": -0.007599, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": 0.156983, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.097519, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.162257, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-09-12", "tenure": "Established", "return": 0.210616, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-11-14", "tenure": "Developing", "return": 0.0837, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-12", "tenure": "New", "return": -0.047331, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.135084, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.025165, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": -0.085647, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-06-05", "tenure": "Developing", "return": -0.132327, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.012771, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 38.701305, "volume": 1714623, "typical_volume": 2580736.7, "trend": 42.609041, "fair_value": 53.907955, "relative_strength": -9.646526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.654199, "energy": 62.177751, "activity_lines": [ 38.462495, 38.793065, 40.16669, 41.546466 ] }, { "date": "2023-08-04", "close": 37.612801, "volume": 2296741, "typical_volume": 2480159.85, "trend": 42.696781, "fair_value": 53.76375, "relative_strength": -12.561824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.282455, "energy": 63.049506, "activity_lines": [ 38.130006, 38.479647, 39.79165, 41.224128 ] }, { "date": "2023-08-11", "close": 37.098236, "volume": 3402899, "typical_volume": 2455293.1, "trend": 42.694142, "fair_value": 53.617561, "relative_strength": -11.04732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.729171, "energy": 54.65555, "activity_lines": [ 37.767171, 38.154895, 39.397715, 40.862932 ] }, { "date": "2023-08-18", "close": 37.879978, "volume": 1991304, "typical_volume": 2332985.05, "trend": 42.600465, "fair_value": 53.480712, "relative_strength": -7.454509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.211159, "energy": 45.453404, "activity_lines": [ 37.744741, 38.037768, 39.116164, 40.55234 ] }, { "date": "2023-08-25", "close": 36.880535, "volume": 2721643, "typical_volume": 2351373.15, "trend": 42.445105, "fair_value": 53.337607, "relative_strength": -7.80588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.30654, "energy": 48.506938, "activity_lines": [ 37.409613, 37.781025, 38.771471, 40.183313 ] }, { "date": "2023-09-01", "close": 38.325275, "volume": 4106927, "typical_volume": 2302145.7, "trend": 41.990242, "fair_value": 53.209297, "relative_strength": -6.265309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.343193, "energy": 39.681246, "activity_lines": [ 37.639848, 37.827623, 38.604613, 39.917517 ] }, { "date": "2023-09-08", "close": 38.018517, "volume": 2417448, "typical_volume": 2198354.7, "trend": 41.51097, "fair_value": 53.080561, "relative_strength": -6.308067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.614041, "energy": 33.923123, "activity_lines": [ 37.792899, 37.815569, 38.45684, 39.661277 ] }, { "date": "2023-09-15", "close": 38.34507, "volume": 2329630, "typical_volume": 2147047.45, "trend": 41.199262, "fair_value": 52.956734, "relative_strength": -5.242336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.467693, "energy": 25.743708, "activity_lines": [ 38.027753, 37.894013, 38.367922, 39.457025 ] }, { "date": "2023-09-22", "close": 39.146606, "volume": 1792472, "typical_volume": 2193373.25, "trend": 40.955832, "fair_value": 52.841649, "relative_strength": -3.664098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.854632, "energy": 17.022985, "activity_lines": [ 38.446663, 38.117292, 38.376216, 39.324596 ] }, { "date": "2023-09-29", "close": 39.26535, "volume": 1796876, "typical_volume": 2194267.85, "trend": 40.702837, "fair_value": 52.729449, "relative_strength": -2.722336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.000879, "energy": 16.328652, "activity_lines": [ 38.820713, 38.344709, 38.405337, 39.215532 ] }, { "date": "2023-10-13", "close": 37.434685, "volume": 3840272, "typical_volume": 2284252.1, "trend": 40.36738, "fair_value": 52.604082, "relative_strength": -6.61293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.79235, "energy": 17.806377, "activity_lines": [ 38.425553, 38.218767, 38.265339, 39.004684 ] }, { "date": "2023-10-20", "close": 35.514954, "volume": 2730209, "typical_volume": 2339705.75, "trend": 40.086677, "fair_value": 52.465146, "relative_strength": -8.124962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.48474, "energy": 34.837039, "activity_lines": [ 37.449856, 37.766812, 37.964987, 38.691624 ] }, { "date": "2023-10-27", "close": 37.048759, "volume": 2058452, "typical_volume": 2335718.0, "trend": 39.819499, "fair_value": 52.34082, "relative_strength": -5.037584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.876699, "energy": 35.544628, "activity_lines": [ 37.152331, 37.631873, 37.842236, 38.495629 ] }, { "date": "2023-11-03", "close": 37.800819, "volume": 2601037, "typical_volume": 2356397.2, "trend": 39.592562, "fair_value": 52.2245, "relative_strength": -3.163979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.694518, "energy": 38.173903, "activity_lines": [ 37.191914, 37.634573, 37.808497, 38.365392 ] }, { "date": "2023-11-10", "close": 37.959145, "volume": 2560247, "typical_volume": 2378449.1, "trend": 39.346824, "fair_value": 52.111283, "relative_strength": -2.775868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.377789, "energy": 30.340766, "activity_lines": [ 37.373991, 37.667498, 37.801241, 38.26001 ] }, { "date": "2023-11-17", "close": 38.483604, "volume": 1818297, "typical_volume": 2410851.6, "trend": 39.014005, "fair_value": 52.003978, "relative_strength": -1.63297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.789038, "energy": 12.758861, "activity_lines": [ 37.817969, 37.776168, 37.849446, 38.204319 ] }, { "date": "2023-11-24", "close": 38.622143, "volume": 9100789, "typical_volume": 2743131.95, "trend": 38.839844, "fair_value": 51.899433, "relative_strength": -0.689748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.754925, "energy": 12.376416, "activity_lines": [ 38.238198, 37.907148, 37.909337, 38.179037 ] }, { "date": "2023-12-01", "close": 39.314827, "volume": 4364614, "typical_volume": 2868140.75, "trend": 38.726046, "fair_value": 51.801878, "relative_strength": 1.578868, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.255593, "energy": 10.721726, "activity_lines": [ 38.682175, 38.153096, 38.040476, 38.209681 ] }, { "date": "2023-12-08", "close": 39.155781, "volume": 4966162, "typical_volume": 3026648.05, "trend": 38.659722, "fair_value": 51.7046, "relative_strength": 3.260467, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.427054, "energy": 18.310562, "activity_lines": [ 38.922066, 38.352495, 38.151614, 38.237406 ] }, { "date": "2023-12-15", "close": 36.432076, "volume": 5308869, "typical_volume": 3195975.55, "trend": 38.528666, "fair_value": 51.588016, "relative_strength": -3.002245, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.168035, "energy": 12.858678, "activity_lines": [ 38.163725, 38.056507, 37.998737, 38.093687 ] }, { "date": "2023-12-22", "close": 34.881348, "volume": 3016001, "typical_volume": 3261044.45, "trend": 38.286216, "fair_value": 51.46145, "relative_strength": -6.180046, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.704458, "energy": 41.875014, "activity_lines": [ 36.990279, 37.530083, 37.706292, 37.858376 ] }, { "date": "2023-12-29", "close": 35.567245, "volume": 2857882, "typical_volume": 3289101.5, "trend": 38.06729, "fair_value": 51.341945, "relative_strength": -6.246526, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.670035, "energy": 51.08009, "activity_lines": [ 36.285616, 37.174792, 37.49736, 37.682959 ] }, { "date": "2024-01-05", "close": 35.03046, "volume": 1619372, "typical_volume": 3199925.15, "trend": 37.878298, "fair_value": 51.220217, "relative_strength": -6.230607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.934705, "energy": 62.320784, "activity_lines": [ 35.605684, 36.720953, 37.247047, 37.487034 ] }, { "date": "2024-01-12", "close": 33.797829, "volume": 2518017, "typical_volume": 3226260.8, "trend": 37.665042, "fair_value": 51.091163, "relative_strength": -8.104316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.84313, "energy": 73.933309, "activity_lines": [ 34.800499, 36.079696, 36.889187, 37.223778 ] }, { "date": "2024-01-19", "close": 31.412102, "volume": 2241912, "typical_volume": 3202274.25, "trend": 37.408215, "fair_value": 50.946464, "relative_strength": -13.002848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.835322, "energy": 83.336122, "activity_lines": [ 33.55727, 35.077452, 36.323554, 36.820363 ] }, { "date": "2024-01-26", "close": 30.229177, "volume": 3901525, "typical_volume": 3192004.15, "trend": 37.143622, "fair_value": 50.795243, "relative_strength": -18.231779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.855086, "energy": 89.075605, "activity_lines": [ 32.254396, 33.979167, 35.671301, 36.357199 ] }, { "date": "2024-02-02", "close": 25.745995, "volume": 3016396, "typical_volume": 3221951.55, "trend": 36.677474, "fair_value": 50.613726, "relative_strength": -25.393236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.684994, "energy": 96.684461, "activity_lines": [ 29.767274, 32.215839, 34.630632, 35.621868 ] }, { "date": "2024-02-09", "close": 23.797649, "volume": 4235055, "typical_volume": 3317222.8, "trend": 36.194209, "fair_value": 50.420805, "relative_strength": -33.534943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.691306, "energy": 96.083448, "activity_lines": [ 27.285453, 30.332378, 33.462846, 34.790912 ] }, { "date": "2024-02-23", "close": 27.366302, "volume": 2645592, "typical_volume": 3359878.8, "trend": 35.833528, "fair_value": 50.25613, "relative_strength": -26.313339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.718604, "energy": 86.552055, "activity_lines": [ 26.742036, 29.379894, 32.704206, 34.221369 ] }, { "date": "2024-03-01", "close": 25.934864, "volume": 3638988, "typical_volume": 3451984.4, "trend": 35.426781, "fair_value": 50.083639, "relative_strength": -30.000232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.104797, "energy": 81.402298, "activity_lines": [ 26.150243, 28.381502, 31.865334, 33.582746 ] }, { "date": "2024-03-08", "close": 24.831465, "volume": 2464296, "typical_volume": 3383185.6, "trend": 34.964453, "fair_value": 49.905806, "relative_strength": -32.755628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.126809, "energy": 66.836576, "activity_lines": [ 25.555799, 27.373351, 30.984856, 32.899177 ] }, { "date": "2024-03-15", "close": 26.421951, "volume": 1985988, "typical_volume": 3345974.55, "trend": 34.591425, "fair_value": 49.741584, "relative_strength": -28.030742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.629061, "energy": 57.853029, "activity_lines": [ 25.851364, 26.837104, 30.315868, 32.348048 ] }, { "date": "2024-03-22", "close": 28.181427, "volume": 5199289, "typical_volume": 3503016.4, "trend": 34.294198, "fair_value": 49.59186, "relative_strength": -22.394037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.165661, "energy": 49.948728, "activity_lines": [ 26.688358, 26.78704, 29.857749, 31.9345 ] }, { "date": "2024-03-29", "close": 27.376244, "volume": 2135021, "typical_volume": 3479715.6, "trend": 33.944073, "fair_value": 49.438649, "relative_strength": -23.886457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.352885, "energy": 40.206055, "activity_lines": [ 26.964705, 26.715107, 29.365171, 31.48818 ] }, { "date": "2024-04-05", "close": 27.197313, "volume": 968962, "typical_volume": 3400151.35, "trend": 33.621299, "fair_value": 49.286311, "relative_strength": -24.470437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.426591, "energy": 33.671108, "activity_lines": [ 27.180746, 26.727397, 28.905193, 31.052905 ] }, { "date": "2024-04-12", "close": 25.020336, "volume": 1579017, "typical_volume": 3388187.35, "trend": 33.177801, "fair_value": 49.121237, "relative_strength": -28.745488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.276982, "energy": 37.335778, "activity_lines": [ 26.586965, 26.420506, 28.289131, 30.498004 ] }, { "date": "2024-04-19", "close": 22.376152, "volume": 1600507, "typical_volume": 3013173.25, "trend": 32.656389, "fair_value": 48.940527, "relative_strength": -36.564377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.544196, "energy": 51.266639, "activity_lines": [ 25.099197, 25.72756, 27.485352, 29.801124 ] }, { "date": "2024-04-26", "close": 23.80759, "volume": 976883, "typical_volume": 2843786.7, "trend": 32.171807, "fair_value": 48.771849, "relative_strength": -32.245872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.328941, "energy": 51.580442, "activity_lines": [ 24.358296, 25.356145, 26.895263, 29.230233 ] }, { "date": "2024-05-03", "close": 25.696293, "volume": 1008978, "typical_volume": 2645927.5, "trend": 31.723463, "fair_value": 48.618012, "relative_strength": -26.631305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.852261, "energy": 48.179471, "activity_lines": [ 24.538551, 25.32795, 26.558894, 28.812458 ] }, { "date": "2024-05-10", "close": 25.686352, "volume": 1908402, "typical_volume": 2475904.15, "trend": 31.27083, "fair_value": 48.466147, "relative_strength": -27.230778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.663292, "energy": 45.591214, "activity_lines": [ 24.827489, 25.328312, 26.285671, 28.422967 ] }, { "date": "2024-05-17", "close": 25.696293, "volume": 897948, "typical_volume": 2370001.5, "trend": 30.87955, "fair_value": 48.316345, "relative_strength": -26.662202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.294392, "energy": 37.766116, "activity_lines": [ 25.220472, 25.334999, 26.064566, 28.06332 ] }, { "date": "2024-05-24", "close": 23.797649, "volume": 1032713, "typical_volume": 2278743.05, "trend": 30.488973, "fair_value": 48.156092, "relative_strength": -30.087938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.954061, "energy": 39.32125, "activity_lines": [ 24.93551, 24.980754, 25.706375, 27.606423 ] }, { "date": "2024-05-31", "close": 23.757887, "volume": 1775372, "typical_volume": 2286543.05, "trend": 30.045944, "fair_value": 47.997662, "relative_strength": -29.52588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.218037, "energy": 43.974594, "activity_lines": [ 24.542527, 24.666995, 25.400443, 27.172159 ] }, { "date": "2024-06-07", "close": 21.521265, "volume": 2329211, "typical_volume": 2277102.75, "trend": 29.503292, "fair_value": 47.826847, "relative_strength": -34.720112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.029807, "energy": 65.177949, "activity_lines": [ 23.407317, 24.027005, 24.935178, 26.62218 ] }, { "date": "2024-06-14", "close": 22.018291, "volume": 1356653, "typical_volume": 2232839.8, "trend": 28.97193, "fair_value": 47.661407, "relative_strength": -32.157046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.860129, "energy": 71.942925, "activity_lines": [ 22.716118, 23.583837, 24.575709, 26.139277 ] }, { "date": "2024-06-21", "close": 20.586855, "volume": 1928306, "typical_volume": 2134178.85, "trend": 28.375372, "fair_value": 47.032118, "relative_strength": -35.188792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.340554, "energy": 82.658473, "activity_lines": [ 21.79231, 22.974572, 24.124645, 25.598304 ] }, { "date": "2024-06-28", "close": 19.622623, "volume": 2298418, "typical_volume": 2098279.95, "trend": 27.742055, "fair_value": 46.399884, "relative_strength": -36.973921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.976453, "energy": 88.302612, "activity_lines": [ 20.887722, 22.270601, 23.627666, 25.033611 ] }, { "date": "2024-07-05", "close": 18.11166, "volume": 1739297, "typical_volume": 1973492.05, "trend": 27.035282, "fair_value": 45.819303, "relative_strength": -40.85423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.152003, "energy": 90.800598, "activity_lines": [ 19.757814, 21.341974, 23.015944, 24.412295 ] }, { "date": "2024-07-12", "close": 18.63851, "volume": 1998320, "typical_volume": 1941128.45, "trend": 26.351373, "fair_value": 45.342957, "relative_strength": -38.876642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.989008, "energy": 88.028048, "activity_lines": [ 19.179937, 20.6127, 22.481474, 23.870568 ] }, { "date": "2024-07-19", "close": 18.608686, "volume": 1457124, "typical_volume": 1832035.25, "trend": 25.75726, "fair_value": 44.881834, "relative_strength": -38.538704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.162072, "energy": 86.060092, "activity_lines": [ 18.784303, 20.006327, 21.985725, 23.371039 ] }, { "date": "2024-07-26", "close": 13.091689, "volume": 15985151, "typical_volume": 2508078.0, "trend": 25.030938, "fair_value": 44.41757, "relative_strength": -54.770632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.412179, "energy": 94.127659, "activity_lines": [ 16.776977, 18.525548, 20.999435, 22.553906 ] }, { "date": "2024-08-02", "close": 14.254732, "volume": 10865749, "typical_volume": 2952066.05, "trend": 24.320521, "fair_value": 43.917246, "relative_strength": -50.316662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.646422, "energy": 90.644412, "activity_lines": [ 15.65701, 17.485407, 20.179814, 21.858667 ] }, { "date": "2024-08-09", "close": 15.010213, "volume": 5438484, "typical_volume": 2964025.8, "trend": 23.65318, "fair_value": 43.407683, "relative_strength": -46.206723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.964148, "energy": 86.065075, "activity_lines": [ 15.146729, 16.756133, 19.490082, 21.258002 ] }, { "date": "2024-08-16", "close": 15.338251, "volume": 5361769, "typical_volume": 3125363.2, "trend": 23.037861, "fair_value": 42.964353, "relative_strength": -44.693308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.009484, "energy": 79.013478, "activity_lines": [ 14.952558, 16.245551, 18.894313, 20.721555 ] }, { "date": "2024-08-23", "close": 14.284554, "volume": 3887315, "typical_volume": 3271280.85, "trend": 22.466942, "fair_value": 42.510209, "relative_strength": -47.343655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.425954, "energy": 70.825603, "activity_lines": [ 14.627171, 15.655806, 18.255515, 20.156825 ] }, { "date": "2024-08-30", "close": 15.129499, "volume": 4394599, "typical_volume": 3412059.95, "trend": 21.96362, "fair_value": 42.108929, "relative_strength": -43.212401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.823255, "energy": 63.009672, "activity_lines": [ 14.871708, 15.360301, 17.758677, 19.683442 ] }, { "date": "2024-09-06", "close": 13.757706, "volume": 5366277, "typical_volume": 3600348.45, "trend": 21.56401, "fair_value": 41.729938, "relative_strength": -46.154644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.192091, "energy": 66.012335, "activity_lines": [ 14.523127, 14.914603, 17.178292, 19.154028 ] }, { "date": "2024-09-13", "close": 13.767646, "volume": 3485340, "typical_volume": 3725771.3, "trend": 21.229677, "fair_value": 41.353484, "relative_strength": -44.054325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.774667, "energy": 65.128833, "activity_lines": [ 14.210994, 14.577348, 16.639893, 18.651037 ] }, { "date": "2024-09-20", "close": 13.568834, "volume": 2321530, "typical_volume": 3791398.9, "trend": 20.769761, "fair_value": 40.988823, "relative_strength": -44.675029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.432001, "energy": 64.224339, "activity_lines": [ 13.915428, 14.282927, 16.13037, 18.156789 ] }, { "date": "2024-09-27", "close": 15.89492, "volume": 5157778, "typical_volume": 3953867.7, "trend": 20.435096, "fair_value": 40.652774, "relative_strength": -41.657188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.417425, "energy": 51.517077, "activity_lines": [ 14.513186, 14.503607, 15.900128, 17.842283 ] }, { "date": "2024-10-04", "close": 18.260771, "volume": 3069527, "typical_volume": 4062446.65, "trend": 20.216073, "fair_value": 40.374898, "relative_strength": -37.010493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.848352, "energy": 28.30512, "activity_lines": [ 15.792202, 15.203783, 15.941831, 17.702004 ] }, { "date": "2024-10-11", "close": 17.048023, "volume": 13370890, "typical_volume": 4679355.5, "trend": 19.903609, "fair_value": 40.083857, "relative_strength": -38.018479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.795885, "energy": 24.140509, "activity_lines": [ 16.458218, 15.589475, 15.903441, 17.497614 ] }, { "date": "2024-10-18", "close": 17.72398, "volume": 7069749, "typical_volume": 4944074.35, "trend": 19.555027, "fair_value": 39.796514, "relative_strength": -35.455591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.369486, "energy": 21.389756, "activity_lines": [ 17.130199, 16.047282, 15.96157, 17.356992 ] }, { "date": "2024-10-25", "close": 19.453634, "volume": 7081712, "typical_volume": 5181699.4, "trend": 19.29094, "fair_value": 39.516262, "relative_strength": -29.000953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.672666, "energy": 33.181963, "activity_lines": [ 18.114975, 16.770231, 16.21316, 17.350451 ] }, { "date": "2024-11-01", "close": 18.29059, "volume": 24903564, "typical_volume": 6359044.95, "trend": 18.994049, "fair_value": 39.22938, "relative_strength": -31.621915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.988243, "energy": 24.306872, "activity_lines": [ 18.31975, 17.206891, 16.36383, 17.285912 ] }, { "date": "2024-11-08", "close": 19.980482, "volume": 13515988, "typical_volume": 6938429.05, "trend": 18.826054, "fair_value": 38.95555, "relative_strength": -28.074065, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.624517, "energy": 45.597746, "activity_lines": [ 18.92811, 17.877968, 16.693193, 17.349553 ] }, { "date": "2024-11-15", "close": 21.451681, "volume": 16261631, "typical_volume": 7636589.7, "trend": 18.795239, "fair_value": 38.704345, "relative_strength": -18.785097, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.664597, "energy": 60.277307, "activity_lines": [ 19.912223, 18.728336, 17.165558, 17.518948 ] }, { "date": "2024-11-22", "close": 20.716082, "volume": 10991284, "typical_volume": 8099189.05, "trend": 18.692188, "fair_value": 38.462317, "relative_strength": -18.812638, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.422464, "energy": 44.864641, "activity_lines": [ 20.35756, 19.305068, 17.559156, 17.642874 ] }, { "date": "2024-11-29", "close": 20.765783, "volume": 8068782, "typical_volume": 8402712.15, "trend": 18.527838, "fair_value": 38.261141, "relative_strength": -18.776149, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.497634, "energy": 48.822832, "activity_lines": [ 20.619989, 19.764501, 17.945086, 17.776654 ] }, { "date": "2024-12-06", "close": 20.87513, "volume": 12034135, "typical_volume": 8931562.7, "trend": 18.367464, "fair_value": 38.031042, "relative_strength": -18.82178, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.994673, "energy": 45.335816, "activity_lines": [ 20.831391, 20.112962, 18.331299, 17.928092 ] }, { "date": "2024-12-13", "close": 20.676319, "volume": 8018849, "typical_volume": 8533247.6, "trend": 18.200132, "fair_value": 37.78102, "relative_strength": -17.822555, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.374666, "energy": 34.484143, "activity_lines": [ 20.804221, 20.334726, 18.687786, 18.07705 ] }, { "date": "2024-12-20", "close": 22.594843, "volume": 18563652, "typical_volume": 8918142.75, "trend": 18.160038, "fair_value": 37.547102, "relative_strength": -8.2128, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.022086, "energy": 47.733658, "activity_lines": [ 21.370169, 20.861394, 19.190872, 18.36058 ] }, { "date": "2024-12-27", "close": 19.622623, "volume": 9412522, "typical_volume": 9116844.65, "trend": 18.022196, "fair_value": 37.176464, "relative_strength": -19.730179, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.486049, "energy": 35.90004, "activity_lines": [ 20.869166, 20.746807, 19.371174, 18.454941 ] }, { "date": "2025-01-03", "close": 17.54505, "volume": 4430272, "typical_volume": 9070269.8, "trend": 17.889655, "fair_value": 36.848392, "relative_strength": -22.668491, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.453913, "energy": 17.558093, "activity_lines": [ 19.748536, 20.219958, 19.331649, 18.424157 ] }, { "date": "2025-01-10", "close": 17.912851, "volume": 3541090, "typical_volume": 9052958.55, "trend": 17.752807, "fair_value": 36.536252, "relative_strength": -18.580717, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.664737, "energy": 17.289403, "activity_lines": [ 18.965222, 19.794684, 19.316643, 18.425653 ] }, { "date": "2025-01-17", "close": 19.473515, "volume": 4343267, "typical_volume": 9050391.95, "trend": 17.715696, "fair_value": 36.215912, "relative_strength": -12.095626, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.367808, "energy": 20.998827, "activity_lines": [ 18.899615, 19.660035, 19.432995, 18.536667 ] }, { "date": "2025-01-24", "close": 19.503338, "volume": 3331815, "typical_volume": 8948668.85, "trend": 17.71172, "fair_value": 35.921072, "relative_strength": -10.977138, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.802868, "energy": 19.116044, "activity_lines": [ 18.924135, 19.540026, 19.531501, 18.651999 ] }, { "date": "2025-01-31", "close": 19.473515, "volume": 666269, "typical_volume": 8807715.3, "trend": 17.757115, "fair_value": 35.58462, "relative_strength": -9.927257, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.029271, "energy": 10.994612, "activity_lines": [ 19.144815, 19.450019, 19.599807, 18.765663 ] }, { "date": "2025-02-07", "close": 20.934772, "volume": 2430337, "typical_volume": 8813155.65, "trend": 17.833657, "fair_value": 35.232859, "relative_strength": -3.863871, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.72341, "energy": 24.404205, "activity_lines": [ 19.862521, 19.648287, 19.780109, 18.970673 ] }, { "date": "2025-02-14", "close": 22.565023, "volume": 6772423, "typical_volume": 8893887.9, "trend": 17.965535, "fair_value": 34.862497, "relative_strength": 2.757444, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.297998, "energy": 54.00648, "activity_lines": [ 20.897663, 20.139892, 20.080598, 19.275922 ] }, { "date": "2025-02-21", "close": 22.833416, "volume": 11615082, "typical_volume": 9321165.65, "trend": 18.290259, "fair_value": 34.604101, "relative_strength": 3.697247, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.124497, "energy": 67.829766, "activity_lines": [ 21.712124, 20.649571, 20.374885, 19.589979 ] }, { "date": "2025-02-28", "close": 21.252871, "volume": 5959043, "typical_volume": 8950573.3, "trend": 18.52353, "fair_value": 34.367226, "relative_strength": -1.156313, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.191355, "energy": 63.427131, "activity_lines": [ 21.775743, 20.832657, 20.496869, 19.781115 ] }, { "date": "2025-03-07", "close": 22.624666, "volume": 7319230, "typical_volume": 8963047.35, "trend": 18.777346, "fair_value": 34.143268, "relative_strength": 4.058419, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.073154, "energy": 65.728132, "activity_lines": [ 22.179992, 21.289561, 20.729478, 20.045705 ] }, { "date": "2025-03-14", "close": 23.012346, "volume": 4249408, "typical_volume": 8821432.15, "trend": 19.033149, "fair_value": 33.911328, "relative_strength": 4.987607, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.832991, "energy": 58.118783, "activity_lines": [ 22.503391, 21.762369, 20.975672, 20.318931 ] }, { "date": "2025-03-21", "close": 22.137579, "volume": 4442964, "typical_volume": 7798402.15, "trend": 19.294916, "fair_value": 33.631726, "relative_strength": 3.467272, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.364849, "energy": 41.086607, "activity_lines": [ 22.396696, 21.976723, 21.121609, 20.519217 ] }, { "date": "2025-03-28", "close": 21.332394, "volume": 4638056, "typical_volume": 7354505.55, "trend": 19.501679, "fair_value": 33.336432, "relative_strength": 0.910962, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.727507, "energy": 37.514675, "activity_lines": [ 22.050102, 21.967867, 21.172542, 20.650667 ] }, { "date": "2025-04-04", "close": 21.859243, "volume": 3457424, "typical_volume": 6714295.2, "trend": 19.771731, "fair_value": 33.042295, "relative_strength": 4.429612, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.708907, "energy": 28.103181, "activity_lines": [ 21.979192, 22.021003, 21.267214, 20.802768 ] }, { "date": "2025-04-11", "close": 20.606735, "volume": 6377059, "typical_volume": 6483583.95, "trend": 19.9997, "fair_value": 32.781741, "relative_strength": 2.204355, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.950406, "energy": 15.502886, "activity_lines": [ 21.450356, 21.803576, 21.240658, 20.856639 ] }, { "date": "2025-04-18", "close": 19.910898, "volume": 3352164, "typical_volume": 6247753.05, "trend": 20.211102, "fair_value": 32.559987, "relative_strength": -2.037033, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.466644, "energy": 14.092661, "activity_lines": [ 20.824102, 21.43903, 21.148353, 20.85091 ] }, { "date": "2025-04-25", "close": 20.765783, "volume": 3433144, "typical_volume": 5817703.5, "trend": 20.373465, "fair_value": 32.348852, "relative_strength": 2.045536, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.458779, "energy": 16.913749, "activity_lines": [ 20.689573, 21.248533, 21.141537, 20.886695 ] }, { "date": "2025-05-02", "close": 21.730017, "volume": 2549772, "typical_volume": 5544249.65, "trend": 20.489106, "fair_value": 32.161024, "relative_strength": 7.859831, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.442925, "energy": 17.294449, "activity_lines": [ 20.967908, 21.266064, 21.227073, 20.974215 ] }, { "date": "2025-05-09", "close": 22.813536, "volume": 4311281, "typical_volume": 4831631.1, "trend": 20.68129, "fair_value": 31.999743, "relative_strength": 11.56411, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.81972, "energy": 21.519365, "activity_lines": [ 21.580909, 21.500661, 21.410783, 21.124178 ] }, { "date": "2025-05-16", "close": 23.231039, "volume": 5618815, "typical_volume": 4641945.75, "trend": 20.864858, "fair_value": 31.87368, "relative_strength": 13.190926, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.224311, "energy": 43.633034, "activity_lines": [ 22.269457, 21.782792, 21.633215, 21.288678 ] }, { "date": "2025-05-23", "close": 23.141575, "volume": 8246230, "typical_volume": 4832743.65, "trend": 20.98779, "fair_value": 31.769307, "relative_strength": 13.682325, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.722935, "energy": 55.522131, "activity_lines": [ 22.75323, 22.037631, 21.829943, 21.435563 ] }, { "date": "2025-05-30", "close": 23.409967, "volume": 3909887, "typical_volume": 4851183.5, "trend": 21.158436, "fair_value": 31.67008, "relative_strength": 15.28767, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.430847, "energy": 63.465053, "activity_lines": [ 23.111089, 22.33892, 22.025582, 21.591833 ] }, { "date": "2025-06-06", "close": 23.81753, "volume": 4485733, "typical_volume": 4858306.8, "trend": 21.286337, "fair_value": 31.562239, "relative_strength": 15.989192, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.087166, "energy": 67.634702, "activity_lines": [ 23.428524, 22.691177, 22.23386, 21.763387 ] }, { "date": "2025-06-13", "close": 23.797649, "volume": 5287674, "typical_volume": 4956099.75, "trend": 21.364536, "fair_value": 31.463467, "relative_strength": 16.258018, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.136367, "energy": 62.357595, "activity_lines": [ 23.600164, 22.994634, 22.419559, 21.925407 ] }, { "date": "2025-06-20", "close": 23.141575, "volume": 4885658, "typical_volume": 5167069.2, "trend": 21.445386, "fair_value": 31.377617, "relative_strength": 13.620745, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.053489, "energy": 47.109222, "activity_lines": [ 23.487505, 23.143562, 22.522325, 22.040055 ] }, { "date": "2025-06-27", "close": 24.413961, "volume": 3950968, "typical_volume": 5243100.75, "trend": 21.566992, "fair_value": 31.268778, "relative_strength": 17.423316, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.276092, "energy": 48.62108, "activity_lines": [ 23.804939, 23.477744, 22.728804, 22.231576 ] }, { "date": "2025-07-04", "close": 26.690346, "volume": 6534726, "typical_volume": 5231215.9, "trend": 21.760832, "fair_value": 31.17599, "relative_strength": 25.976818, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.413775, "energy": 67.964143, "activity_lines": [ 24.796342, 24.143941, 23.135514, 22.562115 ] }, { "date": "2025-07-11", "close": 26.093914, "volume": 6136072, "typical_volume": 4957265.4, "trend": 21.941419, "fair_value": 31.076207, "relative_strength": 21.389213, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.764867, "energy": 78.293914, "activity_lines": [ 25.370242, 24.593977, 23.465777, 22.841668 ] }, { "date": "2025-07-18", "close": 26.948801, "volume": 4241630, "typical_volume": 4871394.75, "trend": 22.086551, "fair_value": 30.972389, "relative_strength": 23.964943, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.476816, "energy": 86.406981, "activity_lines": [ 26.077346, 25.120102, 23.861931, 23.164725 ] }, { "date": "2025-07-25", "close": 28.26095, "volume": 5975861, "typical_volume": 4804226.3, "trend": 22.374495, "fair_value": 30.897662, "relative_strength": 26.540587, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.430729, "energy": 92.101179, "activity_lines": [ 27.011757, 25.809614, 24.355929, 23.563074 ] }, { "date": "2025-08-01", "close": 30.159594, "volume": 8350214, "typical_volume": 5009266.6, "trend": 22.79498, "fair_value": 30.839989, "relative_strength": 34.832768, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.563207, "energy": 95.537859, "activity_lines": [ 28.237756, 26.752881, 25.00391, 24.065338 ] }, { "date": "2025-08-08", "close": 30.567156, "volume": 9755080, "typical_volume": 5274872.4, "trend": 23.21679, "fair_value": 30.803769, "relative_strength": 32.544995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.572943, "energy": 94.023288, "activity_lines": [ 29.216568, 27.64265, 25.656672, 24.566769 ] }, { "date": "2025-08-15", "close": 29.881258, "volume": 8744970, "typical_volume": 5480218.1, "trend": 23.563715, "fair_value": 30.763596, "relative_strength": 26.35456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.674863, "energy": 87.621484, "activity_lines": [ 29.708293, 28.277579, 26.203969, 24.996734 ] }, { "date": "2025-08-22", "close": 29.921021, "volume": 5723612, "typical_volume": 5593527.5, "trend": 23.910971, "fair_value": 30.706741, "relative_strength": 21.23047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.84209, "energy": 82.38784, "activity_lines": [ 29.960783, 28.809488, 26.714345, 25.406883 ] }, { "date": "2025-08-29", "close": 29.046253, "volume": 13867159, "typical_volume": 5968032.5, "trend": 24.230062, "fair_value": 30.634129, "relative_strength": 15.942532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.046791, "energy": 58.505347, "activity_lines": [ 29.723535, 29.071014, 27.10302, 25.738192 ] }, { "date": "2025-09-05", "close": 28.569107, "volume": 7154763, "typical_volume": 6158162.45, "trend": 24.48454, "fair_value": 30.549832, "relative_strength": 14.541736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.120565, "energy": 47.192408, "activity_lines": [ 29.274885, 29.138429, 27.406065, 26.01813 ] }, { "date": "2025-09-12", "close": 28.340475, "volume": 5942541, "typical_volume": 6283632.3, "trend": 24.677055, "fair_value": 30.469335, "relative_strength": 11.190918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.917655, "energy": 34.634876, "activity_lines": [ 28.856057, 29.088726, 27.646105, 26.2669 ] }, { "date": "2025-09-19", "close": 27.535292, "volume": 4700362, "typical_volume": 6391161.8, "trend": 24.833784, "fair_value": 30.360586, "relative_strength": 8.745662, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.617865, "energy": 24.358084, "activity_lines": [ 28.317281, 28.862624, 27.773391, 26.451302 ] }, { "date": "2025-09-26", "close": 27.545231, "volume": 4965794, "typical_volume": 6423887.45, "trend": 25.04353, "fair_value": 30.243338, "relative_strength": 7.916055, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.164842, "energy": 20.782053, "activity_lines": [ 27.938214, 28.612123, 27.87398, 26.626235 ] }, { "date": "2025-10-03", "close": 28.400118, "volume": 1653073, "typical_volume": 6225600.35, "trend": 25.236045, "fair_value": 30.156562, "relative_strength": 9.119144, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.262603, "energy": 19.103189, "activity_lines": [ 28.002496, 28.506211, 28.033454, 26.842789 ] }, { "date": "2025-10-10", "close": 28.429939, "volume": 2763191, "typical_volume": 5951448.4, "trend": 25.416631, "fair_value": 30.090339, "relative_strength": 8.214235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.368585, "energy": 17.278513, "activity_lines": [ 28.119795, 28.40319, 28.171154, 27.048846 ] }, { "date": "2025-10-17", "close": 27.197313, "volume": 4567364, "typical_volume": 5984322.25, "trend": 25.585289, "fair_value": 30.028585, "relative_strength": 4.57468, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.511699, "energy": 11.80076, "activity_lines": [ 27.835495, 28.107505, 28.166279, 27.163729 ] }, { "date": "2025-10-24", "close": 28.809999, "volume": 3397000, "typical_volume": 5929885.6, "trend": 25.834543, "fair_value": 29.960041, "relative_strength": 7.249697, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.104653, "energy": 17.206357, "activity_lines": [ 28.164969, 28.166304, 28.296957, 27.371775 ] }, { "date": "2025-10-31", "close": 29.200001, "volume": 5628433, "typical_volume": 5946923.55, "trend": 26.079234, "fair_value": 29.874396, "relative_strength": 8.03054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.600987, "energy": 23.94268, "activity_lines": [ 28.539462, 28.315491, 28.441005, 27.588901 ] }, { "date": "2025-11-07", "close": 28.719999, "volume": 4441472, "typical_volume": 5924714.25, "trend": 26.349677, "fair_value": 29.766581, "relative_strength": 4.706455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.837046, "energy": 22.490414, "activity_lines": [ 28.643637, 28.390514, 28.513613, 27.759273 ] }, { "date": "2025-11-14", "close": 29.84, "volume": 3097142, "typical_volume": 5882022.95, "trend": 26.680647, "fair_value": 29.692969, "relative_strength": 8.666396, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.469605, "energy": 39.93589, "activity_lines": [ 29.099821, 28.675105, 28.666324, 27.984455 ] }, { "date": "2025-11-21", "close": 26.41, "volume": 4167644, "typical_volume": 5763668.85, "trend": 26.868787, "fair_value": 29.574596, "relative_strength": -0.074592, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.750367, "energy": 11.830092, "activity_lines": [ 28.318667, 28.312953, 28.46653, 27.966994 ] }, { "date": "2025-11-28", "close": 27.530001, "volume": 3877173, "typical_volume": 5650723.9, "trend": 27.06212, "fair_value": 29.479261, "relative_strength": 2.485112, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.615798, "energy": 7.974867, "activity_lines": [ 27.963334, 28.189537, 28.374738, 28.009653 ] }, { "date": "2025-12-05", "close": 26.83, "volume": 2851441, "typical_volume": 5581214.45, "trend": 27.196002, "fair_value": 29.370876, "relative_strength": -0.68965, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.035289, "energy": 11.30201, "activity_lines": [ 27.46, 27.938944, 28.20944, 27.994678 ] }, { "date": "2025-12-12", "close": 25.16, "volume": 4201588, "typical_volume": 5492500.8, "trend": 27.260301, "fair_value": 29.272845, "relative_strength": -6.645521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.805391, "energy": 40.97363, "activity_lines": [ 26.558, 27.397719, 27.88566, 27.863323 ] }, { "date": "2025-12-19", "close": 26.65, "volume": 3663291, "typical_volume": 5258154.65, "trend": 27.377248, "fair_value": 29.187854, "relative_strength": -1.18381, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.434661, "energy": 45.595841, "activity_lines": [ 26.39, 27.186315, 27.718552, 27.823948 ] }, { "date": "2025-12-26", "close": 26.120001, "volume": 2628584, "typical_volume": 4901829.85, "trend": 27.467583, "fair_value": 29.09972, "relative_strength": -5.153795, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.229461, "energy": 50.446022, "activity_lines": [ 26.258, 26.910909, 27.51768, 27.742836 ] }, { "date": "2026-01-02", "close": 26.35, "volume": 2620155, "typical_volume": 4595589.1, "trend": 27.551998, "fair_value": 29.022511, "relative_strength": -4.753057, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.768408, "energy": 44.956513, "activity_lines": [ 26.222, 26.696909, 27.359889, 27.670734 ] }, { "date": "2026-01-09", "close": 30.25, "volume": 8283541, "typical_volume": 4723585.55, "trend": 27.767077, "fair_value": 28.984512, "relative_strength": 4.833332, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 17.767946, "energy": 10.830713, "activity_lines": [ 27.564667, 27.236727, 27.590343, 27.844798 ] }, { "date": "2026-01-16", "close": 31.790001, "volume": 8766538, "typical_volume": 4468554.5, "trend": 28.055358, "fair_value": 28.964059, "relative_strength": 10.140325, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.348318, "energy": 32.918252, "activity_lines": [ 29.192667, 28.037455, 27.965897, 28.104342 ] }, { "date": "2026-01-23", "close": 32.59, "volume": 4697821, "typical_volume": 4345707.4, "trend": 28.327892, "fair_value": 28.934653, "relative_strength": 11.403671, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 76.393528, "energy": 65.297983, "activity_lines": [ 30.645334, 28.927818, 28.404575, 28.396899 ] }, { "date": "2026-01-30", "close": 29.889999, "volume": 6787201, "typical_volume": 4387940.4, "trend": 28.434547, "fair_value": 28.86542, "relative_strength": 2.273589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.351533, "energy": 58.368485, "activity_lines": [ 30.802, 29.277273, 28.566964, 28.49768 ] }, { "date": "2026-02-06", "close": 30.82, "volume": 3349954, "typical_volume": 4320420.0, "trend": 28.592084, "fair_value": 28.796694, "relative_strength": 6.455219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.548028, "energy": 67.74542, "activity_lines": [ 31.017333, 29.732545, 28.810545, 28.65158 ] }, { "date": "2026-02-13", "close": 31.110001, "volume": 3198286, "typical_volume": 4232044.6, "trend": 28.73079, "fair_value": 28.662968, "relative_strength": 6.769462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.289179, "energy": 60.081611, "activity_lines": [ 31.031334, 30.180727, 29.066105, 28.814027 ] }, { "date": "2026-02-27", "close": 31.0, "volume": 2034493, "typical_volume": 4251115.6, "trend": 28.822092, "fair_value": 28.52581, "relative_strength": 4.133256, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.104766, "energy": 40.248424, "activity_lines": [ 30.951333, 30.531091, 29.294212, 28.960427 ] }, { "date": "2026-03-06", "close": 30.17, "volume": 4485716, "typical_volume": 4337241.85, "trend": 28.822439, "fair_value": 28.413462, "relative_strength": 2.044577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.468513, "energy": 33.561395, "activity_lines": [ 30.647333, 30.624364, 29.430892, 29.047389 ] }, { "date": "2026-03-13", "close": 29.84, "volume": 3527108, "typical_volume": 4285229.05, "trend": 28.7982, "fair_value": 28.306991, "relative_strength": 1.479573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.125356, "energy": 24.516139, "activity_lines": [ 30.394667, 30.593636, 29.527857, 29.113038 ] }, { "date": "2026-03-20", "close": 27.33, "volume": 4220861, "typical_volume": 4326422.1, "trend": 28.713158, "fair_value": 28.181829, "relative_strength": -3.851367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.015078, "energy": 13.162213, "activity_lines": [ 29.308667, 30.038909, 29.373191, 29.018316 ] }, { "date": "2026-03-27", "close": 27.809999, "volume": 5644046, "typical_volume": 4327202.75, "trend": 28.642791, "fair_value": 28.055621, "relative_strength": -1.21882, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.824525, "energy": 14.605094, "activity_lines": [ 28.615333, 29.553636, 29.271286, 28.960047 ] }, { "date": "2026-04-03", "close": 27.33, "volume": 4282399, "typical_volume": 4319249.1, "trend": 28.585583, "fair_value": 27.949172, "relative_strength": -2.25968, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.358995, "energy": 23.138523, "activity_lines": [ 27.982, 29.025454, 29.130286, 28.875351 ] }, { "date": "2026-04-10", "close": 28.25, "volume": 4138340, "typical_volume": 4371309.0, "trend": 28.574946, "fair_value": 27.84139, "relative_strength": -1.802408, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.539083, "energy": 22.074072, "activity_lines": [ 27.9, 28.745636, 29.083524, 28.853701 ] }, { "date": "2026-04-17", "close": 27.77, "volume": 3890805, "typical_volume": 4357467.05, "trend": 28.55593, "fair_value": 27.733448, "relative_strength": -5.148396, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.056259, "energy": 22.96431, "activity_lines": [ 27.786, 28.457454, 28.998619, 28.801769 ] }, { "date": "2026-04-24", "close": 28.309999, "volume": 3987055, "typical_volume": 4362961.15, "trend": 28.581753, "fair_value": 27.624337, "relative_strength": -4.198713, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.212072, "energy": 17.203119, "activity_lines": [ 27.99, 28.306, 28.958667, 28.785902 ] }, { "date": "2026-05-01", "close": 29.52, "volume": 4571183, "typical_volume": 4448948.25, "trend": 28.647579, "fair_value": 27.502874, "relative_strength": -1.117874, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.563486, "energy": 5.519909, "activity_lines": [ 28.532, 28.420182, 29.030238, 28.846434 ] }, { "date": "2026-05-08", "close": 30.25, "volume": 2971549, "typical_volume": 4387446.3, "trend": 28.709242, "fair_value": 27.415714, "relative_strength": -0.476833, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.566216, "energy": 14.486347, "activity_lines": [ 29.203333, 28.696, 29.158524, 28.949816 ] }, { "date": "2026-05-15", "close": 28.17, "volume": 4313991, "typical_volume": 4419981.3, "trend": 28.700577, "fair_value": 27.322389, "relative_strength": -6.317774, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.279702, "energy": 8.610997, "activity_lines": [ 28.986667, 28.607273, 29.064476, 28.915026 ] }, { "date": "2026-05-22", "close": 28.48, "volume": 5152845, "typical_volume": 4546194.35, "trend": 28.743333, "fair_value": 27.2412, "relative_strength": -4.775442, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.840358, "energy": 7.998221, "activity_lines": [ 28.878667, 28.611273, 28.992714, 28.900796 ] }, { "date": "2026-05-29", "close": 25.16, "volume": 5342185, "typical_volume": 4682295.85, "trend": 28.621667, "fair_value": 27.14374, "relative_strength": -14.795589, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.628393, "energy": 28.378878, "activity_lines": [ 27.616667, 28.036364, 28.593524, 28.669613 ] }, { "date": "2026-06-05", "close": 24.129999, "volume": 903896, "typical_volume": 4313313.6, "trend": 28.452667, "fair_value": 27.028196, "relative_strength": -17.235444, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.077004, "energy": 66.562945, "activity_lines": [ 26.221333, 27.313636, 28.101905, 28.379828 ] }, { "date": "2026-06-12", "close": 23.49, "volume": 1179242, "typical_volume": 3933948.8, "trend": 28.278333, "fair_value": 26.908676, "relative_strength": -19.246739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.847394, "energy": 77.161992, "activity_lines": [ 24.972, 26.541454, 27.578476, 28.059656 ] }, { "date": "2026-06-19", "close": 22.33, "volume": 3846851, "typical_volume": 3891400.3, "trend": 28.028, "fair_value": 26.790919, "relative_strength": -24.01962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.071354, "energy": 85.217963, "activity_lines": [ 23.786666, 25.628182, 26.984095, 27.675892 ] }, { "date": "2026-06-26", "close": 20.34, "volume": 915601, "typical_volume": 3597820.3, "trend": 27.825667, "fair_value": 26.66364, "relative_strength": -29.357097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.754576, "energy": 92.406148, "activity_lines": [ 22.327333, 24.460727, 26.249047, 27.179892 ] }, { "date": "2026-07-03", "close": 22.459999, "volume": 1556709, "typical_volume": 3508158.05, "trend": 27.656667, "fair_value": 26.556864, "relative_strength": -21.979463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.984816, "energy": 84.317569, "activity_lines": [ 22.117333, 23.813818, 25.761381, 26.83372 ] }, { "date": "2026-07-10", "close": 22.120001, "volume": 4806228, "typical_volume": 3588555.15, "trend": 27.499667, "fair_value": 26.453999, "relative_strength": -21.793075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.176216, "energy": 80.121476, "activity_lines": [ 21.974, 23.211454, 25.281143, 26.476516 ] }, { "date": "2026-07-17", "close": 21.549999, "volume": 4677865, "typical_volume": 3720723.75, "trend": 27.379333, "fair_value": 26.337458, "relative_strength": -18.734928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.652085, "energy": 68.015059, "activity_lines": [ 21.774666, 22.64, 24.789428, 26.092667 ] }, { "date": "2026-07-24", "close": 18.73, "volume": 8859945, "typical_volume": 3939435.2, "trend": 27.115333, "fair_value": 26.212038, "relative_strength": -29.775591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.831144, "energy": 63.748293, "activity_lines": [ 20.764666, 21.714, 24.074143, 25.534645 ] }, { "date": "2026-07-31", "close": 20.66, "volume": 4683576, "typical_volume": 3997258.6, "trend": 26.933333, "fair_value": 26.099687, "relative_strength": -22.376633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.950706, "energy": 55.606407, "activity_lines": [ 20.638, 21.310545, 23.597143, 25.118172 ] }, { "date": "2026-08-07", "close": 23.190001, "volume": 6129827, "typical_volume": 4092706.9, "trend": 26.828, "fair_value": 26.003871, "relative_strength": -14.643034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.84931, "energy": 46.677608, "activity_lines": [ 21.333334, 21.509273, 23.404809, 24.876667 ] } ], "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." } } }