{ "ticker": { "uuid": "3bf6312b-72bc-453b-9ada-8ea548ab925d", "symbol": "002729", "name": "Hollyland (China) Electronics Technology Corporation Limited", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -67.271, "architecture_energy": 85.194, "architecture_maturity": 27.693, "architecture_confidence": 86.101, "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": 10.63, "rotation_up": 8.46, "upward_expansion": 21.13, "deceleration": 37.02, "rotation_down": 79.52, "downward_expansion": 96.8 }, "activity_lines": [ 13.098, 14.531636, 16.524286, 17.355183 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 13.65, "trend_reference": 18.107333, "distance_from_trend": -0.246162, "trend_direction": "Weakening", "fair_value": 15.251541, "distance_from_fair_value": -0.105008, "fair_value_direction": "Weakening", "relative_strength": -21.330035, "relative_strength_direction": "Weakening", "price_momentum": -0.229684, "excess_performance": -0.237084, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.246162, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.001249, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.105008, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.451414, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.2133, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.273024, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.229684, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.543172, "read": "Supply-led" } ], "volume": { "latest": 23230587, "relative_activity": 0.566587, "balance": 0.543172, "dry_up": 0.608226, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.151874, "annualized_volatility": 0.607028, "from_high_reference": -0.396818, "from_low_reference": 0.202643 }, "levels": { "trend_reference": 18.107333, "fair_value_reference": 15.251541, "structural_low": 11.35, "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": 20, "median_return": 0.026327, "positive_rate": 0.65, "directional_follow_through": 0.35, "median_excess_return": 0.029402, "regime_survival": 0.7, "best_return": 0.292456, "worst_return": -0.32729, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.018357, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.008575, "regime_survival": 0.555556, "best_return": 0.475556, "worst_return": -0.27944, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.070097, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.007848, "regime_survival": 0.333333, "best_return": 0.447167, "worst_return": -0.33805, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.060761, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.090818, "regime_survival": 0.75, "best_return": 0.622807, "worst_return": -0.323757, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": 0.037338, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-10", "tenure": "Developing", "return": -0.121033, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.166171, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": -0.103448, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": -0.141791, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.075897, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": 0.027972, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.164394, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": -0.002038, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-09-26", "tenure": "Developing", "return": -0.043243, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-11-28", "tenure": "Developing", "return": 0.150209, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-05-01", "tenure": "Established", "return": 0.071553, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-07-10", "tenure": "Developing", "return": -0.319424, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.087649, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 19.973227, "volume": 15772012, "typical_volume": 30396083.4, "trend": 22.635994, "fair_value": 22.13087, "relative_strength": -23.586515, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.27386, "energy": 13.954168, "activity_lines": [ 20.339569, 20.235201, 19.892407, 21.037612 ] }, { "date": "2023-08-04", "close": 19.635374, "volume": 9351343, "typical_volume": 27493957.55, "trend": 22.451498, "fair_value": 22.17556, "relative_strength": -25.276061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.389131, "energy": 23.395666, "activity_lines": [ 20.061336, 20.146673, 19.834868, 20.844023 ] }, { "date": "2023-08-11", "close": 19.367077, "volume": 12106881, "typical_volume": 24314013.9, "trend": 22.262034, "fair_value": 22.22108, "relative_strength": -22.884555, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.821284, "energy": 29.925796, "activity_lines": [ 19.750642, 20.011892, 19.791666, 20.645029 ] }, { "date": "2023-08-18", "close": 19.059031, "volume": 8999034, "typical_volume": 22848223.65, "trend": 22.070914, "fair_value": 22.255911, "relative_strength": -21.081432, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.738205, "energy": 32.64487, "activity_lines": [ 19.442597, 19.83899, 19.732754, 20.438383 ] }, { "date": "2023-08-25", "close": 16.743727, "volume": 14854395, "typical_volume": 22625124.75, "trend": 21.766181, "fair_value": 22.251012, "relative_strength": -27.824692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.874023, "energy": 61.20702, "activity_lines": [ 18.486664, 19.24169, 19.462659, 20.094694 ] }, { "date": "2023-09-01", "close": 17.687733, "volume": 17338707, "typical_volume": 22523794.15, "trend": 21.474036, "fair_value": 22.265258, "relative_strength": -25.444292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.934293, "energy": 64.13425, "activity_lines": [ 18.064013, 18.882153, 19.300687, 19.831568 ] }, { "date": "2023-09-08", "close": 18.393257, "volume": 11521113, "typical_volume": 22257162.2, "trend": 21.037142, "fair_value": 22.285162, "relative_strength": -20.401556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.498693, "energy": 60.990784, "activity_lines": [ 18.028902, 18.683776, 19.216697, 19.632808 ] }, { "date": "2023-09-15", "close": 17.906347, "volume": 9267098, "typical_volume": 21757531.05, "trend": 20.696637, "fair_value": 22.303126, "relative_strength": -20.673305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.946205, "energy": 63.071661, "activity_lines": [ 17.914296, 18.434992, 19.087422, 19.430821 ] }, { "date": "2023-09-22", "close": 17.687733, "volume": 9008833, "typical_volume": 21904082.05, "trend": 20.352156, "fair_value": 22.315495, "relative_strength": -21.182551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.986409, "energy": 44.7161, "activity_lines": [ 17.824201, 18.201745, 18.939078, 19.236699 ] }, { "date": "2023-09-29", "close": 17.787104, "volume": 6801720, "typical_volume": 21290536.3, "trend": 19.90367, "fair_value": 22.329173, "relative_strength": -19.364422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.038895, "energy": 40.921346, "activity_lines": [ 17.858649, 18.045283, 18.801617, 19.071211 ] }, { "date": "2023-10-13", "close": 17.767229, "volume": 9400472, "typical_volume": 20978050.9, "trend": 19.560845, "fair_value": 22.343789, "relative_strength": -18.152006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.907934, "energy": 41.086514, "activity_lines": [ 17.816914, 17.925859, 18.662878, 18.933376 ] }, { "date": "2023-10-20", "close": 19.754614, "volume": 54323434, "typical_volume": 22524716.45, "trend": 19.285592, "fair_value": 22.358724, "relative_strength": -3.29994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.958804, "energy": 16.100334, "activity_lines": [ 18.432341, 18.207887, 18.719235, 18.945878 ] }, { "date": "2023-10-27", "close": 20.569443, "volume": 94612788, "typical_volume": 25923046.15, "trend": 19.230277, "fair_value": 22.385139, "relative_strength": -0.751869, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.044791, "energy": 13.311383, "activity_lines": [ 19.22862, 18.635897, 18.853289, 19.028707 ] }, { "date": "2023-11-03", "close": 21.046417, "volume": 39360184, "typical_volume": 27149708.2, "trend": 19.231271, "fair_value": 22.411946, "relative_strength": 1.388057, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 25.46864, "energy": 28.039599, "activity_lines": [ 20.006351, 19.128769, 19.031728, 19.145877 ] }, { "date": "2023-11-10", "close": 21.602884, "volume": 76441702, "typical_volume": 28435837.8, "trend": 19.265719, "fair_value": 22.438497, "relative_strength": 3.544208, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.341196, "energy": 40.392792, "activity_lines": [ 20.745658, 19.686683, 19.2528, 19.298884 ] }, { "date": "2023-11-17", "close": 23.749262, "volume": 106324680, "typical_volume": 32819869.9, "trend": 19.392249, "fair_value": 22.475794, "relative_strength": 14.424362, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.10494, "energy": 77.719577, "activity_lines": [ 21.94604, 20.546498, 19.67247, 19.588145 ] }, { "date": "2023-11-24", "close": 21.662506, "volume": 82647662, "typical_volume": 34779180.05, "trend": 19.493606, "fair_value": 22.49997, "relative_strength": 6.797883, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.330994, "energy": 68.193325, "activity_lines": [ 22.052034, 20.916694, 19.873149, 19.734613 ] }, { "date": "2023-12-01", "close": 21.394211, "volume": 30805195, "typical_volume": 33390965.75, "trend": 19.597612, "fair_value": 22.518926, "relative_strength": 7.712194, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.172512, "energy": 61.382433, "activity_lines": [ 21.941403, 21.178668, 20.042692, 19.857233 ] }, { "date": "2023-12-08", "close": 21.165659, "volume": 27995492, "typical_volume": 32932874.1, "trend": 19.703606, "fair_value": 22.53709, "relative_strength": 9.457573, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.813136, "energy": 41.548595, "activity_lines": [ 21.699604, 21.335672, 20.188339, 19.958397 ] }, { "date": "2023-12-15", "close": 22.586639, "volume": 37357040, "typical_volume": 33714489.25, "trend": 19.859284, "fair_value": 22.564547, "relative_strength": 19.321757, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.081769, "energy": 38.021358, "activity_lines": [ 21.923516, 21.6878, 20.468134, 20.1444 ] }, { "date": "2023-12-22", "close": 21.791685, "volume": 24299256, "typical_volume": 34140851.45, "trend": 19.952692, "fair_value": 22.589644, "relative_strength": 17.494758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.671569, "energy": 31.731292, "activity_lines": [ 21.816859, 21.808127, 20.660012, 20.269071 ] }, { "date": "2023-12-29", "close": 22.616453, "volume": 16188575, "typical_volume": 34482713.05, "trend": 20.047424, "fair_value": 22.622367, "relative_strength": 18.451117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.119768, "energy": 35.882983, "activity_lines": [ 22.11563, 22.00524, 20.921779, 20.440926 ] }, { "date": "2024-01-05", "close": 22.06992, "volume": 10089851, "typical_volume": 34381861.55, "trend": 20.104727, "fair_value": 22.664125, "relative_strength": 20.91663, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.173655, "energy": 34.154299, "activity_lines": [ 22.168627, 22.05095, 21.1173, 20.57141 ] }, { "date": "2024-01-12", "close": 19.277641, "volume": 28524768, "typical_volume": 35358148.25, "trend": 20.118307, "fair_value": 22.687542, "relative_strength": 7.175462, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.282697, "energy": 11.689668, "activity_lines": [ 21.245817, 21.561691, 21.034019, 20.518049 ] }, { "date": "2024-01-19", "close": 18.870228, "volume": 14152705, "typical_volume": 35323063.75, "trend": 20.06796, "fair_value": 22.708372, "relative_strength": 7.466663, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.071376, "energy": 12.523833, "activity_lines": [ 20.31307, 21.030517, 20.910895, 20.437528 ] }, { "date": "2024-01-26", "close": 18.7013, "volume": 16586628, "typical_volume": 35285459.8, "trend": 20.041461, "fair_value": 22.720401, "relative_strength": 6.807369, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.972709, "energy": 26.569435, "activity_lines": [ 19.571775, 20.518313, 20.761557, 20.349357 ] }, { "date": "2024-02-02", "close": 14.110439, "volume": 17764684, "typical_volume": 35597638.35, "trend": 19.828811, "fair_value": 22.70335, "relative_strength": -11.997408, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.603678, "energy": 60.718635, "activity_lines": [ 17.506219, 19.263189, 20.170168, 19.96671 ] }, { "date": "2024-02-09", "close": 12.053495, "volume": 28760491, "typical_volume": 36572308.0, "trend": 19.532359, "fair_value": 22.673554, "relative_strength": -30.790652, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -89.381211, "energy": 87.932716, "activity_lines": [ 15.322082, 17.771384, 19.403274, 19.465077 ] }, { "date": "2024-02-23", "close": 15.610916, "volume": 34623009, "typical_volume": 37853016.8, "trend": 19.355482, "fair_value": 22.660605, "relative_strength": -12.045098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.274211, "energy": 80.174514, "activity_lines": [ 14.991514, 17.096215, 19.003052, 19.21208 ] }, { "date": "2024-03-01", "close": 14.070692, "volume": 47236293, "typical_volume": 39874745.45, "trend": 19.157075, "fair_value": 22.64608, "relative_strength": -23.105949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.054787, "energy": 83.344388, "activity_lines": [ 14.391986, 16.242001, 18.466032, 18.871126 ] }, { "date": "2024-03-08", "close": 13.871954, "volume": 32570683, "typical_volume": 41033256.0, "trend": 18.953699, "fair_value": 22.629261, "relative_strength": -22.975615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.145952, "energy": 79.940128, "activity_lines": [ 14.046181, 15.506488, 17.927782, 18.530151 ] }, { "date": "2024-03-15", "close": 14.617223, "volume": 43719750, "typical_volume": 40503071.8, "trend": 18.786427, "fair_value": 22.616501, "relative_strength": -20.002437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.618426, "energy": 53.220348, "activity_lines": [ 14.270756, 15.050473, 17.479059, 18.250378 ] }, { "date": "2024-03-22", "close": 15.740097, "volume": 87165696, "typical_volume": 40130717.2, "trend": 18.665528, "fair_value": 22.606258, "relative_strength": -12.720408, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.055381, "energy": 45.817052, "activity_lines": [ 14.835836, 14.944058, 17.161739, 18.05384 ] }, { "date": "2024-03-29", "close": 13.454602, "volume": 48788741, "typical_volume": 40602145.05, "trend": 18.478714, "fair_value": 22.589081, "relative_strength": -23.262534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.18507, "energy": 46.201883, "activity_lines": [ 14.393311, 14.537186, 16.649751, 17.717652 ] }, { "date": "2024-04-05", "close": 13.355232, "volume": 15080069, "typical_volume": 37534063.4, "trend": 18.365764, "fair_value": 22.572426, "relative_strength": -24.580102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.237264, "energy": 45.269029, "activity_lines": [ 14.061417, 14.21812, 16.16445, 17.387105 ] }, { "date": "2024-04-12", "close": 13.424792, "volume": 58909362, "typical_volume": 35163297.5, "trend": 18.223666, "fair_value": 22.550377, "relative_strength": -21.311538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.977432, "energy": 44.066186, "activity_lines": [ 13.800407, 14.011974, 15.725049, 17.068332 ] }, { "date": "2024-04-19", "close": 11.109488, "volume": 38614939, "typical_volume": 32961661.35, "trend": 17.980873, "fair_value": 22.513046, "relative_strength": -34.888798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.452842, "energy": 65.906371, "activity_lines": [ 12.79744, 13.4808, 15.114306, 16.609353 ] }, { "date": "2024-04-26", "close": 11.675892, "volume": 24965880, "typical_volume": 32669695.6, "trend": 17.773192, "fair_value": 22.48938, "relative_strength": -32.580489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.473444, "energy": 67.265455, "activity_lines": [ 12.217124, 13.107171, 14.607759, 16.20258 ] }, { "date": "2024-05-03", "close": 12.123055, "volume": 12321414, "typical_volume": 31885991.7, "trend": 17.587702, "fair_value": 22.465382, "relative_strength": -30.634364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.284173, "energy": 63.818885, "activity_lines": [ 12.056808, 12.821711, 14.190077, 15.838055 ] }, { "date": "2024-05-10", "close": 12.321793, "volume": 26933427, "typical_volume": 31364811.05, "trend": 17.405525, "fair_value": 22.444675, "relative_strength": -30.287333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.549524, "energy": 68.302405, "activity_lines": [ 12.051509, 12.6358, 13.834382, 15.498319 ] }, { "date": "2024-05-17", "close": 12.162802, "volume": 23462489, "typical_volume": 31322972.7, "trend": 17.218711, "fair_value": 22.423087, "relative_strength": -30.771307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.188104, "energy": 57.445173, "activity_lines": [ 12.062108, 12.45278, 13.512426, 15.160079 ] }, { "date": "2024-05-24", "close": 11.248604, "volume": 28827245, "typical_volume": 31954906.2, "trend": 16.935177, "fair_value": 22.396474, "relative_strength": -33.733816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.786498, "energy": 62.016458, "activity_lines": [ 11.852107, 12.134617, 13.149255, 14.77491 ] }, { "date": "2024-05-31", "close": 11.099549, "volume": 20755462, "typical_volume": 32488186.75, "trend": 16.619514, "fair_value": 22.368001, "relative_strength": -33.819306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.801822, "energy": 69.461146, "activity_lines": [ 11.583147, 11.850601, 12.826021, 14.398418 ] }, { "date": "2024-06-07", "close": 9.191659, "volume": 47150902, "typical_volume": 33419493.45, "trend": 16.224356, "fair_value": 22.327159, "relative_strength": -44.059164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.069706, "energy": 79.818252, "activity_lines": [ 10.716647, 11.30407, 12.373323, 13.919202 ] }, { "date": "2024-06-14", "close": 9.85533, "volume": 24986872, "typical_volume": 33961201.8, "trend": 15.832771, "fair_value": 22.287929, "relative_strength": -39.483037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.944053, "energy": 78.734367, "activity_lines": [ 10.266796, 10.955714, 12.03186, 13.508297 ] }, { "date": "2024-06-21", "close": 9.546416, "volume": 17254197, "typical_volume": 33994580.25, "trend": 15.359342, "fair_value": 22.245422, "relative_strength": -39.710129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.341572, "energy": 83.788278, "activity_lines": [ 9.878405, 10.614827, 11.703904, 13.102726 ] }, { "date": "2024-06-28", "close": 9.247467, "volume": 19312412, "typical_volume": 34071966.65, "trend": 14.945508, "fair_value": 22.200025, "relative_strength": -39.66846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.733915, "energy": 86.781112, "activity_lines": [ 9.56479, 10.290101, 11.391073, 12.708411 ] }, { "date": "2024-07-05", "close": 8.759185, "volume": 17817349, "typical_volume": 33524809.55, "trend": 14.52434, "fair_value": 22.145079, "relative_strength": -41.355593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.771105, "energy": 83.36807, "activity_lines": [ 9.221824, 9.910452, 11.054895, 12.309294 ] }, { "date": "2024-07-12", "close": 9.65603, "volume": 41458990, "typical_volume": 33866608.6, "trend": 14.140686, "fair_value": 22.094676, "relative_strength": -35.958159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.776775, "energy": 61.484941, "activity_lines": [ 9.33383, 9.746896, 10.819818, 11.995209 ] }, { "date": "2024-07-19", "close": 9.526486, "volume": 87521285, "typical_volume": 35880858.2, "trend": 13.705347, "fair_value": 22.04414, "relative_strength": -36.554427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.946251, "energy": 59.232647, "activity_lines": [ 9.371697, 9.604642, 10.60076, 11.697519 ] }, { "date": "2024-07-26", "close": 9.53645, "volume": 36580298, "typical_volume": 36081338.95, "trend": 13.29684, "fair_value": 21.994618, "relative_strength": -33.637909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.274292, "energy": 54.206244, "activity_lines": [ 9.434808, 9.515023, 10.40429, 11.428558 ] }, { "date": "2024-08-02", "close": 9.67596, "volume": 33755491, "typical_volume": 35583126.0, "trend": 12.86549, "fair_value": 21.943834, "relative_strength": -31.757634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.116584, "energy": 43.000439, "activity_lines": [ 9.545087, 9.498522, 10.241752, 11.194952 ] }, { "date": "2024-08-09", "close": 9.416871, "volume": 23001415, "typical_volume": 32374911.95, "trend": 12.443722, "fair_value": 21.89227, "relative_strength": -31.784014, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -48.308305, "energy": 41.346134, "activity_lines": [ 9.540436, 9.463507, 10.078069, 10.972461 ] }, { "date": "2024-08-16", "close": 10.68242, "volume": 111624044, "typical_volume": 35516677.1, "trend": 12.157214, "fair_value": 21.850117, "relative_strength": -21.782235, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.299629, "energy": 27.269646, "activity_lines": [ 9.91379, 9.689186, 10.065025, 10.858829 ] }, { "date": "2024-08-23", "close": 10.333646, "volume": 99927503, "typical_volume": 39759048.8, "trend": 11.872661, "fair_value": 21.806773, "relative_strength": -22.29976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.646837, "energy": 19.501004, "activity_lines": [ 10.10246, 9.824347, 10.031965, 10.741179 ] }, { "date": "2024-08-30", "close": 10.861788, "volume": 76881185, "typical_volume": 40657639.95, "trend": 11.611344, "fair_value": 21.76802, "relative_strength": -19.461289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.19674, "energy": 17.241171, "activity_lines": [ 10.413366, 10.046837, 10.063593, 10.675961 ] }, { "date": "2024-09-06", "close": 10.273857, "volume": 62550218, "typical_volume": 41854403.9, "trend": 11.483458, "fair_value": 21.728327, "relative_strength": -21.416813, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.772146, "energy": 17.315628, "activity_lines": [ 10.439939, 10.138515, 10.051432, 10.589672 ] }, { "date": "2024-09-13", "close": 10.184173, "volume": 35868679, "typical_volume": 42399543.85, "trend": 11.421148, "fair_value": 21.690171, "relative_strength": -20.270861, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.486233, "energy": 13.682273, "activity_lines": [ 10.396758, 10.195224, 10.03471, 10.505847 ] }, { "date": "2024-09-20", "close": 10.483121, "volume": 20538948, "typical_volume": 42810420.55, "trend": 11.250221, "fair_value": 21.657873, "relative_strength": -18.379939, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.215695, "energy": 10.687622, "activity_lines": [ 10.402073, 10.280379, 10.053561, 10.445329 ] }, { "date": "2024-09-27", "close": 11.818422, "volume": 65567911, "typical_volume": 44742144.75, "trend": 11.175145, "fair_value": 21.620938, "relative_strength": -21.409784, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.838785, "energy": 18.821158, "activity_lines": [ 10.865774, 10.593278, 10.207394, 10.481987 ] }, { "date": "2024-10-04", "close": 13.004251, "volume": 23089384, "typical_volume": 44723489.5, "trend": 11.146222, "fair_value": 21.594365, "relative_strength": -21.378203, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.495821, "energy": 56.162119, "activity_lines": [ 11.625767, 11.080111, 10.47656, 10.599994 ] }, { "date": "2024-10-11", "close": 12.27681, "volume": 75010323, "typical_volume": 47032643.4, "trend": 11.068208, "fair_value": 21.55965, "relative_strength": -21.799795, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.086176, "energy": 57.225815, "activity_lines": [ 12.000449, 11.371631, 10.672438, 10.672935 ] }, { "date": "2024-10-18", "close": 12.675408, "volume": 46923823, "typical_volume": 48341061.45, "trend": 10.966052, "fair_value": 21.523315, "relative_strength": -21.049207, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.152984, "energy": 68.090623, "activity_lines": [ 12.374467, 11.688335, 10.901382, 10.776625 ] }, { "date": "2024-10-25", "close": 13.233445, "volume": 55265291, "typical_volume": 48746780.9, "trend": 10.95868, "fair_value": 21.481976, "relative_strength": -18.783962, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.204325, "energy": 71.798098, "activity_lines": [ 12.768414, 12.047254, 11.175969, 10.922909 ] }, { "date": "2024-11-01", "close": 12.735197, "volume": 63801141, "typical_volume": 50687494.35, "trend": 10.938012, "fair_value": 21.423968, "relative_strength": -19.720577, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.862378, "energy": 68.242196, "activity_lines": [ 12.812924, 12.269201, 11.383856, 11.037523 ] }, { "date": "2024-11-08", "close": 13.502499, "volume": 47630845, "typical_volume": 52206326.75, "trend": 10.940602, "fair_value": 21.370438, "relative_strength": -19.321966, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.838673, "energy": 66.894472, "activity_lines": [ 13.052083, 12.586992, 11.651107, 11.202974 ] }, { "date": "2024-11-15", "close": 13.402848, "volume": 84906883, "typical_volume": 55486050.3, "trend": 11.017048, "fair_value": 21.300303, "relative_strength": -15.851662, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.124027, "energy": 58.820231, "activity_lines": [ 13.224808, 12.838652, 11.890028, 11.361828 ] }, { "date": "2024-11-22", "close": 12.41632, "volume": 49647433, "typical_volume": 57077554.5, "trend": 11.041729, "fair_value": 21.23482, "relative_strength": -18.46909, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.295522, "energy": 44.457564, "activity_lines": [ 12.993622, 12.854052, 12.015207, 11.452104 ] }, { "date": "2024-11-29", "close": 13.054076, "volume": 30229910, "typical_volume": 56516100.5, "trend": 11.072763, "fair_value": 21.170989, "relative_strength": -14.585011, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.675454, "energy": 42.975873, "activity_lines": [ 12.992293, 12.944824, 12.183709, 11.581933 ] }, { "date": "2024-12-06", "close": 13.771551, "volume": 50598407, "typical_volume": 54669956.6, "trend": 11.121088, "fair_value": 21.1164, "relative_strength": -10.282479, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.604187, "energy": 45.034632, "activity_lines": [ 13.242081, 13.119301, 12.404361, 11.756048 ] }, { "date": "2024-12-13", "close": 13.831341, "volume": 58631008, "typical_volume": 55772492.1, "trend": 11.176706, "fair_value": 21.041966, "relative_strength": -8.086043, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.613414, "energy": 43.404375, "activity_lines": [ 13.442708, 13.269137, 12.610493, 11.930903 ] }, { "date": "2024-12-20", "close": 14.000746, "volume": 42919872, "typical_volume": 56230711.15, "trend": 11.268444, "fair_value": 20.966865, "relative_strength": -4.959286, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.185285, "energy": 45.801524, "activity_lines": [ 13.677881, 13.434737, 12.812307, 12.113099 ] }, { "date": "2024-12-27", "close": 13.28327, "volume": 29022122, "typical_volume": 56531746.5, "trend": 11.341235, "fair_value": 20.887294, "relative_strength": -8.522434, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.400535, "energy": 41.662568, "activity_lines": [ 13.634036, 13.438542, 12.925196, 12.243088 ] }, { "date": "2025-01-03", "close": 11.698844, "volume": 17739907, "typical_volume": 51837539.65, "trend": 11.424808, "fair_value": 20.792047, "relative_strength": -11.738031, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.592916, "energy": 19.871356, "activity_lines": [ 13.004251, 13.143217, 12.868775, 12.26616 ] }, { "date": "2025-01-10", "close": 11.868247, "volume": 24207402, "typical_volume": 48051534.6, "trend": 11.491905, "fair_value": 20.70136, "relative_strength": -7.936407, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.960094, "energy": 15.318638, "activity_lines": [ 12.521284, 12.906595, 12.823648, 12.294769 ] }, { "date": "2025-01-17", "close": 12.755127, "volume": 21140858, "typical_volume": 45264518.25, "trend": 11.598862, "fair_value": 20.617755, "relative_strength": -3.361101, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.696454, "energy": 16.110678, "activity_lines": [ 12.460829, 12.846986, 12.855678, 12.376267 ] }, { "date": "2025-01-24", "close": 15.513565, "volume": 212023334, "typical_volume": 52738174.05, "trend": 11.807732, "fair_value": 20.557708, "relative_strength": 17.147988, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.099397, "energy": 28.012115, "activity_lines": [ 13.391602, 13.3025, 13.141401, 12.628828 ] }, { "date": "2025-01-31", "close": 14.874653, "volume": 31466127, "typical_volume": 52518046.45, "trend": 12.011581, "fair_value": 20.501619, "relative_strength": 14.985738, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.968307, "energy": 43.807594, "activity_lines": [ 14.00855, 13.603472, 13.341324, 12.826694 ] }, { "date": "2025-02-07", "close": 14.76484, "volume": 80254359, "typical_volume": 55503817.0, "trend": 12.181874, "fair_value": 20.435377, "relative_strength": 10.196443, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.23039, "energy": 60.297446, "activity_lines": [ 14.482801, 13.839781, 13.508453, 13.004324 ] }, { "date": "2025-02-14", "close": 14.924568, "volume": 105844297, "typical_volume": 57517636.3, "trend": 12.36181, "fair_value": 20.370841, "relative_strength": 9.554733, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.430161, "energy": 67.132513, "activity_lines": [ 14.805894, 14.074026, 13.670405, 13.181272 ] }, { "date": "2025-02-21", "close": 14.954516, "volume": 71459627, "typical_volume": 59936148.45, "trend": 12.542413, "fair_value": 20.317634, "relative_strength": 7.949382, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.232131, "energy": 62.17828, "activity_lines": [ 14.935216, 14.292753, 13.820418, 13.348543 ] }, { "date": "2025-02-28", "close": 13.62678, "volume": 46476691, "typical_volume": 58509466.85, "trend": 12.674107, "fair_value": 20.257571, "relative_strength": 2.211981, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.755928, "energy": 34.686677, "activity_lines": [ 14.475333, 14.249651, 13.834693, 13.418502 ] }, { "date": "2025-03-07", "close": 14.674994, "volume": 73523711, "typical_volume": 59839461.25, "trend": 12.849377, "fair_value": 20.201663, "relative_strength": 7.924728, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.590314, "energy": 31.308941, "activity_lines": [ 14.490641, 14.403934, 13.942369, 13.547592 ] }, { "date": "2025-03-14", "close": 14.39547, "volume": 30775681, "typical_volume": 58614980.75, "trend": 12.973146, "fair_value": 20.145717, "relative_strength": 4.908109, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.620609, "energy": 22.621625, "activity_lines": [ 14.426084, 14.482089, 14.013902, 13.64734 ] }, { "date": "2025-03-21", "close": 14.026099, "volume": 29429858, "typical_volume": 56896416.6, "trend": 13.096228, "fair_value": 20.092955, "relative_strength": 5.537946, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.43661, "energy": 17.252125, "activity_lines": [ 14.263029, 14.444057, 14.044724, 13.715272 ] }, { "date": "2025-03-28", "close": 13.237443, "volume": 24504999, "typical_volume": 55740124.3, "trend": 13.175416, "fair_value": 20.039456, "relative_strength": 0.642283, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.715329, "energy": 11.576431, "activity_lines": [ 13.896986, 14.223399, 13.994288, 13.724383 ] }, { "date": "2025-04-04", "close": 13.377205, "volume": 14820060, "typical_volume": 52235783.15, "trend": 13.278861, "fair_value": 19.986821, "relative_strength": 4.251106, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.050608, "energy": 13.424926, "activity_lines": [ 13.692002, 14.019383, 13.958425, 13.737401 ] }, { "date": "2025-04-11", "close": 11.550318, "volume": 37217722, "typical_volume": 51614297.6, "trend": 13.324399, "fair_value": 19.926598, "relative_strength": -4.708409, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.824277, "energy": 29.563404, "activity_lines": [ 12.894694, 13.522049, 13.748695, 13.625883 ] }, { "date": "2025-04-18", "close": 11.480437, "volume": 20937200, "typical_volume": 51149662.1, "trend": 13.357643, "fair_value": 19.864596, "relative_strength": -4.738782, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.272783, "energy": 49.234752, "activity_lines": [ 12.282404, 13.072452, 13.536434, 13.506917 ] }, { "date": "2025-04-25", "close": 11.969604, "volume": 22007327, "typical_volume": 49720108.1, "trend": 13.362682, "fair_value": 19.808198, "relative_strength": -1.995025, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.818927, "energy": 60.46005, "activity_lines": [ 12.027505, 12.77151, 13.378253, 13.417366 ] }, { "date": "2025-05-02", "close": 12.428821, "volume": 15254596, "typical_volume": 47551287.5, "trend": 13.343501, "fair_value": 19.754873, "relative_strength": 1.95659, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.781023, "energy": 60.037993, "activity_lines": [ 12.062778, 12.607789, 13.272388, 13.357117 ] }, { "date": "2025-05-09", "close": 12.878056, "volume": 17145722, "typical_volume": 46262580.0, "trend": 13.363543, "fair_value": 19.699655, "relative_strength": 3.264819, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.325557, "energy": 54.989201, "activity_lines": [ 12.301705, 12.571669, 13.215986, 13.327088 ] }, { "date": "2025-05-16", "close": 12.848106, "volume": 15164795, "typical_volume": 45569713.65, "trend": 13.3693, "fair_value": 19.641777, "relative_strength": 2.475453, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.064474, "energy": 26.884083, "activity_lines": [ 12.563924, 12.543716, 13.162078, 13.293834 ] }, { "date": "2025-05-23", "close": 12.528651, "volume": 15868074, "typical_volume": 45476122.0, "trend": 13.345806, "fair_value": 19.578345, "relative_strength": 0.325611, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.065885, "energy": 21.160764, "activity_lines": [ 12.63314, 12.490897, 13.079817, 13.239599 ] }, { "date": "2025-05-30", "close": 12.598532, "volume": 14983254, "typical_volume": 45014914.6, "trend": 13.341251, "fair_value": 19.515587, "relative_strength": 1.697156, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.710265, "energy": 19.555342, "activity_lines": [ 12.655768, 12.484726, 13.000261, 13.191388 ] }, { "date": "2025-06-06", "close": 13.207494, "volume": 13664555, "typical_volume": 44641099.45, "trend": 13.331417, "fair_value": 19.45839, "relative_strength": 4.619529, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.875623, "energy": 18.265131, "activity_lines": [ 12.839455, 12.615231, 12.975223, 13.182758 ] }, { "date": "2025-06-13", "close": 13.177546, "volume": 27090684, "typical_volume": 35394466.95, "trend": 13.323907, "fair_value": 19.391064, "relative_strength": 4.633272, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.351134, "energy": 16.236963, "activity_lines": [ 12.961247, 12.740835, 12.945179, 13.172831 ] }, { "date": "2025-06-20", "close": 13.407154, "volume": 31912200, "typical_volume": 35416770.6, "trend": 13.356935, "fair_value": 19.294332, "relative_strength": 7.226677, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.42319, "energy": 14.075533, "activity_lines": [ 13.13961, 12.911816, 12.948127, 13.178202 ] }, { "date": "2025-06-27", "close": 13.746576, "volume": 28460457, "typical_volume": 32827075.5, "trend": 13.380018, "fair_value": 19.190392, "relative_strength": 5.530736, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.609174, "energy": 23.665361, "activity_lines": [ 13.393844, 13.11075, 12.990388, 13.20334 ] }, { "date": "2025-07-04", "close": 15.343854, "volume": 128396514, "typical_volume": 33954686.35, "trend": 13.432429, "fair_value": 19.093014, "relative_strength": 15.531802, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.707744, "energy": 49.432892, "activity_lines": [ 14.099308, 13.558896, 13.18962, 13.330039 ] }, { "date": "2025-07-11", "close": 14.69496, "volume": 67412102, "typical_volume": 33752310.1, "trend": 13.461216, "fair_value": 18.991022, "relative_strength": 8.241414, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.581583, "energy": 63.857138, "activity_lines": [ 14.405453, 13.82771, 13.325056, 13.411493 ] }, { "date": "2025-07-18", "close": 14.794789, "volume": 41628997, "typical_volume": 33509925.4, "trend": 13.487684, "fair_value": 18.888123, "relative_strength": 6.34241, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.123919, "energy": 69.431503, "activity_lines": [ 14.64571, 14.073473, 13.471235, 13.49753 ] }, { "date": "2025-07-25", "close": 14.66501, "volume": 33949726, "typical_volume": 31531226.15, "trend": 13.533742, "fair_value": 18.76187, "relative_strength": 2.693572, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.648504, "energy": 76.81692, "activity_lines": [ 14.734891, 14.26079, 13.599493, 13.573486 ] }, { "date": "2025-08-01", "close": 14.774823, "volume": 36298461, "typical_volume": 31807365.15, "trend": 13.636275, "fair_value": 18.65502, "relative_strength": 4.79127, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.56843, "energy": 68.118522, "activity_lines": [ 14.77682, 14.435039, 13.738256, 13.653556 ] }, { "date": "2025-08-08", "close": 15.134211, "volume": 30631389, "typical_volume": 31867441.7, "trend": 13.74514, "fair_value": 18.559438, "relative_strength": 5.63849, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.550425, "energy": 55.777614, "activity_lines": [ 14.869994, 14.633791, 13.909441, 13.750197 ] }, { "date": "2025-08-15", "close": 14.794789, "volume": 34884902, "typical_volume": 32386436.85, "trend": 13.813129, "fair_value": 18.447348, "relative_strength": -1.210546, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.84199, "energy": 45.466105, "activity_lines": [ 14.864004, 14.724727, 14.043023, 13.817916 ] }, { "date": "2025-08-22", "close": 15.623377, "volume": 55433522, "typical_volume": 34417109.95, "trend": 13.816789, "fair_value": 18.346348, "relative_strength": -0.265969, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.287307, "energy": 52.372789, "activity_lines": [ 15.127555, 14.937455, 14.248102, 13.934707 ] }, { "date": "2025-08-29", "close": 15.154178, "volume": 43058801, "typical_volume": 34709163.9, "trend": 13.826107, "fair_value": 18.241476, "relative_strength": -7.151218, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.195916, "energy": 44.95057, "activity_lines": [ 15.179467, 15.020405, 14.397799, 14.02099 ] }, { "date": "2025-09-05", "close": 14.834721, "volume": 33489947, "typical_volume": 35336801.25, "trend": 13.828436, "fair_value": 18.125683, "relative_strength": -8.229099, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.470271, "energy": 38.845211, "activity_lines": [ 15.092282, 15.013508, 14.499911, 14.086062 ] }, { "date": "2025-09-12", "close": 14.804772, "volume": 27386458, "typical_volume": 35605757.8, "trend": 13.824443, "fair_value": 17.993092, "relative_strength": -10.603938, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.416463, "energy": 34.972096, "activity_lines": [ 14.991121, 14.98138, 14.583198, 14.149051 ] }, { "date": "2025-09-19", "close": 14.425419, "volume": 25468688, "typical_volume": 36116462.4, "trend": 13.806806, "fair_value": 17.867396, "relative_strength": -13.620194, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.314357, "energy": 20.652079, "activity_lines": [ 14.785472, 14.890081, 14.616854, 14.187824 ] }, { "date": "2025-09-26", "close": 14.135912, "volume": 20754943, "typical_volume": 36296923.45, "trend": 13.823777, "fair_value": 17.738661, "relative_strength": -16.021679, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.141602, "energy": 18.252645, "activity_lines": [ 14.507945, 14.751046, 14.613432, 14.209056 ] }, { "date": "2025-10-03", "close": 14.355538, "volume": 6885474, "typical_volume": 35882957.4, "trend": 13.813129, "fair_value": 17.617659, "relative_strength": -16.499903, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.584188, "energy": 19.755559, "activity_lines": [ 14.402791, 14.663921, 14.624936, 14.243363 ] }, { "date": "2025-10-10", "close": 14.375504, "volume": 8209065, "typical_volume": 35500006.95, "trend": 13.812463, "fair_value": 17.49733, "relative_strength": -15.127827, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.273234, "energy": 16.401845, "activity_lines": [ 14.357535, 14.586054, 14.631163, 14.279646 ] }, { "date": "2025-10-17", "close": 13.746576, "volume": 19069380, "typical_volume": 35704313.25, "trend": 13.803146, "fair_value": 17.365827, "relative_strength": -14.395881, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.208394, "energy": 15.184435, "activity_lines": [ 14.13325, 14.401097, 14.568698, 14.275395 ] }, { "date": "2025-10-24", "close": 14.884636, "volume": 19974850, "typical_volume": 36019828.0, "trend": 13.858052, "fair_value": 17.241546, "relative_strength": -11.325619, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.250479, "energy": 12.797702, "activity_lines": [ 14.358866, 14.448289, 14.609153, 14.345168 ] }, { "date": "2025-10-31", "close": 14.415436, "volume": 23566377, "typical_volume": 35843612.65, "trend": 13.89266, "fair_value": 17.134004, "relative_strength": -14.509484, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.295705, "energy": 8.445452, "activity_lines": [ 14.397467, 14.408539, 14.596936, 14.381129 ] }, { "date": "2025-11-07", "close": 15.234041, "volume": 32399996, "typical_volume": 35868002.45, "trend": 14.015451, "fair_value": 17.029288, "relative_strength": -9.72818, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.106183, "energy": 22.192408, "activity_lines": [ 14.690301, 14.539588, 14.656786, 14.467669 ] }, { "date": "2025-11-14", "close": 15.673292, "volume": 38714365, "typical_volume": 36380697.85, "trend": 14.155213, "fair_value": 16.930701, "relative_strength": -5.716164, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.328975, "energy": 38.314107, "activity_lines": [ 15.070985, 14.749049, 14.749771, 14.574627 ] }, { "date": "2025-11-21", "close": 14.874653, "volume": 47934228, "typical_volume": 32357583.55, "trend": 14.252048, "fair_value": 16.814127, "relative_strength": -5.677631, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.096714, "energy": 42.195197, "activity_lines": [ 15.098938, 14.798056, 14.75752, 14.621042 ] }, { "date": "2025-11-28", "close": 16.511864, "volume": 127895978, "typical_volume": 35381777.35, "trend": 14.388149, "fair_value": 16.694736, "relative_strength": 1.043342, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.266339, "energy": 65.985751, "activity_lines": [ 15.597422, 15.143468, 14.923427, 14.766837 ] }, { "date": "2025-12-05", "close": 17.190001, "volume": 108402827, "typical_volume": 38720468.85, "trend": 14.53188, "fair_value": 16.579691, "relative_strength": 3.834576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.790037, "energy": 77.727346, "activity_lines": [ 16.21347, 15.574242, 15.145268, 14.947602 ] }, { "date": "2025-12-12", "close": 16.120001, "volume": 107086129, "typical_volume": 42377289.0, "trend": 14.640944, "fair_value": 16.457787, "relative_strength": -3.33022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.077049, "energy": 63.936359, "activity_lines": [ 16.28788, 15.754941, 15.253798, 15.050061 ] }, { "date": "2025-12-19", "close": 15.82, "volume": 41180888, "typical_volume": 42621410.35, "trend": 14.750655, "fair_value": 16.359631, "relative_strength": -4.113588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.148, "energy": 59.609434, "activity_lines": [ 16.203226, 15.849014, 15.326827, 15.126129 ] }, { "date": "2025-12-26", "close": 15.96, "volume": 37675358, "typical_volume": 42973608.8, "trend": 14.862704, "fair_value": 16.266321, "relative_strength": -6.457748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.442833, "energy": 40.183188, "activity_lines": [ 16.155458, 15.942278, 15.408213, 15.204151 ] }, { "date": "2026-01-02", "close": 16.01, "volume": 20699428, "typical_volume": 42264335.1, "trend": 14.956121, "fair_value": 16.171867, "relative_strength": -5.619944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.120348, "energy": 29.384741, "activity_lines": [ 16.052, 16.004388, 15.490429, 15.278171 ] }, { "date": "2026-01-09", "close": 17.940001, "volume": 41050220, "typical_volume": 41545170.0, "trend": 15.11487, "fair_value": 16.109404, "relative_strength": 1.208593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.249147, "energy": 44.483936, "activity_lines": [ 16.625334, 16.396947, 15.750668, 15.470679 ] }, { "date": "2026-01-16", "close": 19.049999, "volume": 105659807, "typical_volume": 44675220.3, "trend": 15.302964, "fair_value": 16.070171, "relative_strength": 6.13169, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.151378, "energy": 72.74455, "activity_lines": [ 17.518667, 16.92724, 16.105589, 15.724558 ] }, { "date": "2026-01-23", "close": 18.549999, "volume": 43971555, "typical_volume": 45199300.7, "trend": 15.463079, "fair_value": 16.028498, "relative_strength": 2.560386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.29383, "energy": 78.169769, "activity_lines": [ 18.05, 17.297243, 16.394339, 15.934044 ] }, { "date": "2026-01-30", "close": 17.719999, "volume": 40691186, "typical_volume": 45864537.1, "trend": 15.542283, "fair_value": 15.983161, "relative_strength": -0.083119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.40819, "energy": 74.991132, "activity_lines": [ 18.122666, 17.464034, 16.58635, 16.079652 ] }, { "date": "2026-02-06", "close": 18.9, "volume": 46059952, "typical_volume": 46894100.3, "trend": 15.682451, "fair_value": 15.938381, "relative_strength": 8.92513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.187961, "energy": 74.70807, "activity_lines": [ 18.471333, 17.793636, 16.876861, 16.296279 ] }, { "date": "2026-02-13", "close": 18.58, "volume": 27983085, "typical_volume": 47255507.4, "trend": 15.808625, "fair_value": 15.887918, "relative_strength": 5.726897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.812627, "energy": 53.405495, "activity_lines": [ 18.520666, 18.021636, 17.115587, 16.483218 ] }, { "date": "2026-02-27", "close": 19.18, "volume": 25600031, "typical_volume": 48191235.25, "trend": 15.959125, "fair_value": 15.808944, "relative_strength": 6.22895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.760705, "energy": 52.373892, "activity_lines": [ 18.727333, 18.333454, 17.390294, 16.700726 ] }, { "date": "2026-03-06", "close": 18.17, "volume": 35963820, "typical_volume": 49578973.0, "trend": 16.072297, "fair_value": 15.745152, "relative_strength": 2.928109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.309693, "energy": 47.301265, "activity_lines": [ 18.588667, 18.406, 17.545837, 16.843363 ] }, { "date": "2026-03-13", "close": 19.41, "volume": 73038016, "typical_volume": 52277404.8, "trend": 16.214824, "fair_value": 15.689946, "relative_strength": 9.109826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.365401, "energy": 47.627267, "activity_lines": [ 18.888667, 18.661273, 17.801406, 17.058698 ] }, { "date": "2026-03-20", "close": 18.27, "volume": 80108057, "typical_volume": 55284065.15, "trend": 16.330664, "fair_value": 15.606794, "relative_strength": 5.761824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.622902, "energy": 38.930065, "activity_lines": [ 18.696, 18.646545, 17.921435, 17.19129 ] }, { "date": "2026-03-27", "close": 19.73, "volume": 55998429, "typical_volume": 56905667.75, "trend": 16.467551, "fair_value": 15.553448, "relative_strength": 14.876551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.330511, "energy": 40.871783, "activity_lines": [ 19.032, 18.856182, 18.164391, 17.410602 ] }, { "date": "2026-04-03", "close": 20.299999, "volume": 60994268, "typical_volume": 58335381.35, "trend": 16.639079, "fair_value": 15.504011, "relative_strength": 21.293204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.017523, "energy": 45.40374, "activity_lines": [ 19.481333, 19.136909, 18.436325, 17.657857 ] }, { "date": "2026-04-10", "close": 21.530001, "volume": 71249082, "typical_volume": 59962117.2, "trend": 16.862255, "fair_value": 15.499531, "relative_strength": 19.649925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.313252, "energy": 51.720251, "activity_lines": [ 20.266, 19.618545, 18.801278, 17.973401 ] }, { "date": "2026-04-17", "close": 20.41, "volume": 60564493, "typical_volume": 60593630.45, "trend": 17.049096, "fair_value": 15.495642, "relative_strength": 8.710034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.078237, "energy": 55.848008, "activity_lines": [ 20.453333, 19.842364, 19.031675, 18.202287 ] }, { "date": "2026-04-24", "close": 18.32, "volume": 53260984, "typical_volume": 56861880.75, "trend": 17.178915, "fair_value": 15.481223, "relative_strength": -2.858213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.153769, "energy": 37.687776, "activity_lines": [ 19.877333, 19.637273, 19.036667, 18.284281 ] }, { "date": "2026-05-01", "close": 18.42, "volume": 31022157, "typical_volume": 52992847.25, "trend": 17.321718, "fair_value": 15.471393, "relative_strength": -3.42733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.540091, "energy": 24.211531, "activity_lines": [ 19.331333, 19.460909, 19.042571, 18.364351 ] }, { "date": "2026-05-08", "close": 20.85, "volume": 53671786, "typical_volume": 50322130.1, "trend": 17.5382, "fair_value": 15.485677, "relative_strength": 5.972337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.305046, "energy": 24.543934, "activity_lines": [ 19.682667, 19.729273, 19.274048, 18.591982 ] }, { "date": "2026-05-15", "close": 20.91, "volume": 64654869, "typical_volume": 51495829.15, "trend": 17.756017, "fair_value": 15.502574, "relative_strength": 6.177534, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.912162, "energy": 28.066316, "activity_lines": [ 20.017333, 19.978182, 19.488714, 18.809518 ] }, { "date": "2026-05-22", "close": 20.85, "volume": 90415530, "typical_volume": 54132837.75, "trend": 17.992797, "fair_value": 15.520934, "relative_strength": 5.509327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.124984, "energy": 33.183136, "activity_lines": [ 20.373333, 20.166364, 19.673429, 19.00913 ] }, { "date": "2026-05-29", "close": 19.0, "volume": 44644895, "typical_volume": 55330111.1, "trend": 18.129976, "fair_value": 15.527881, "relative_strength": -3.691288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.980614, "energy": 28.703937, "activity_lines": [ 20.083333, 19.992, 19.658667, 19.07411 ] }, { "date": "2026-06-05", "close": 17.969999, "volume": 5392558, "typical_volume": 53547228.0, "trend": 18.248462, "fair_value": 15.521346, "relative_strength": -7.248685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.309379, "energy": 10.094199, "activity_lines": [ 19.404666, 19.617091, 19.531571, 19.063789 ] }, { "date": "2026-06-12", "close": 17.440001, "volume": 8270439, "typical_volume": 48677759.6, "trend": 18.321994, "fair_value": 15.506381, "relative_strength": -7.686569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.574575, "energy": 11.020896, "activity_lines": [ 18.579333, 19.177818, 19.353857, 19.01163 ] }, { "date": "2026-06-19", "close": 20.440001, "volume": 41951203, "typical_volume": 48576742.0, "trend": 18.480884, "fair_value": 15.506953, "relative_strength": 1.031019, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.479738, "energy": 18.008385, "activity_lines": [ 18.981334, 19.336, 19.469524, 19.148276 ] }, { "date": "2026-06-26", "close": 17.799999, "volume": 5313473, "typical_volume": 46807856.35, "trend": 18.578395, "fair_value": 15.500092, "relative_strength": -10.3429, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.083133, "energy": 19.546292, "activity_lines": [ 18.534667, 19.034, 19.324762, 19.104348 ] }, { "date": "2026-07-03", "close": 17.799999, "volume": 0, "typical_volume": 44504858.75, "trend": 18.621333, "fair_value": 15.48355, "relative_strength": -9.026219, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.619028, "energy": 28.203262, "activity_lines": [ 18.291333, 18.779454, 19.179619, 19.054129 ] }, { "date": "2026-07-10", "close": 14.19, "volume": 72863193, "typical_volume": 46748864.15, "trend": 18.521333, "fair_value": 15.449535, "relative_strength": -24.220876, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -51.389947, "energy": 51.714902, "activity_lines": [ 16.924666, 17.878, 18.695905, 18.768236 ] }, { "date": "2026-07-17", "close": 12.55, "volume": 30393470, "typical_volume": 46988536.1, "trend": 18.402333, "fair_value": 15.398638, "relative_strength": -25.903268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.925099, "energy": 82.726407, "activity_lines": [ 15.263333, 16.755273, 18.076905, 18.382989 ] }, { "date": "2026-07-24", "close": 12.23, "volume": 23464171, "typical_volume": 46363553.65, "trend": 18.282667, "fair_value": 15.34276, "relative_strength": -27.621125, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.648194, "energy": 88.528223, "activity_lines": [ 13.821333, 15.725273, 17.459, 17.984774 ] }, { "date": "2026-07-31", "close": 13.06, "volume": 22663026, "typical_volume": 43844804.15, "trend": 18.186, "fair_value": 15.292393, "relative_strength": -21.160635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.333564, "energy": 86.348067, "activity_lines": [ 13.203333, 15.004, 16.948428, 17.647828 ] }, { "date": "2026-08-07", "close": 13.65, "volume": 23230587, "typical_volume": 41000930.65, "trend": 18.107333, "fair_value": 15.251541, "relative_strength": -21.330035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.271035, "energy": 85.193536, "activity_lines": [ 13.098, 14.531636, 16.524286, 17.355183 ] } ], "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." } } }