{ "ticker": { "uuid": "3dc8986b-91bc-414f-8e1e-76e7b86f8e11", "symbol": "605488", "name": "Zhejiang Fulai New Material 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": "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": -62.83, "architecture_energy": 71.133, "architecture_maturity": 27.182, "architecture_confidence": 84.374, "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": 14.64, "rotation_up": 9.7, "upward_expansion": 15.83, "deceleration": 37.82, "rotation_down": 71.95, "downward_expansion": 89.16 }, "activity_lines": [ 25.783334, 27.792111, 30.584372, 32.14733 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 27.940001, "trend_reference": 34.484035, "distance_from_trend": -0.18977, "trend_direction": "Weakening", "fair_value": 22.036739, "distance_from_fair_value": 0.267883, "fair_value_direction": "Weakening", "relative_strength": -16.926614, "relative_strength_direction": "Weakening", "price_momentum": -0.314019, "excess_performance": -0.270815, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.18977, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.026722, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.267883, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.532733, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.169266, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.150025, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.314019, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.768831, "read": "Supply-led" } ], "volume": { "latest": 58969228, "relative_activity": 1.754788, "balance": 0.768831, "dry_up": 1.151024, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.172097, "annualized_volatility": 0.75827, "from_high_reference": -0.426048, "from_low_reference": 0.314824 }, "levels": { "trend_reference": 34.484035, "fair_value_reference": 22.036739, "structural_low": 21.25, "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": 9, "median_return": -0.005897, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": 0.006739, "regime_survival": 0.555556, "best_return": 0.371795, "worst_return": -0.296732, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.20219, "positive_rate": 0.666667, "directional_follow_through": 0.0, "median_excess_return": 0.06078, "regime_survival": 0.0, "best_return": 0.512821, "worst_return": 0.0, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.291556, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.286836, "regime_survival": 0.333333, "best_return": 2.375862, "worst_return": 0.065773, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 1.891628, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 1.841577, "regime_survival": 0.0, "best_return": 3.360114, "worst_return": 0.423142, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-04-04", "tenure": "Established", "return": 1.685669, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.242228, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-06-27", "tenure": "Developing", "return": 0.028973, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-09-26", "tenure": "Established", "return": 0.209043, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.135546, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": -0.039333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": -0.009483, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": 0.179789, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-06", "tenure": "Developing", "return": -0.243882, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": -0.114234, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.039766, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-05-29", "tenure": "Developing", "return": 0.026213, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.201461, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.198968, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 11.187596, "volume": 31129446, "typical_volume": 12957449.05, "trend": 10.23921, "fair_value": 10.896223, "relative_strength": 9.08196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.485089, "energy": 37.571858, "activity_lines": [ 11.017769, 10.947639, 10.72193, 10.512805 ] }, { "date": "2023-08-04", "close": 10.1477, "volume": 51440902, "typical_volume": 15282536.35, "trend": 10.270654, "fair_value": 10.889657, "relative_strength": -1.469959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.608827, "energy": 13.966347, "activity_lines": [ 10.736276, 10.810467, 10.694383, 10.506901 ] }, { "date": "2023-08-11", "close": 10.559471, "volume": 16421367, "typical_volume": 15884380.85, "trend": 10.314216, "fair_value": 10.886786, "relative_strength": 5.579964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.964064, "energy": 15.392508, "activity_lines": [ 10.645547, 10.758821, 10.703922, 10.525534 ] }, { "date": "2023-08-18", "close": 10.531554, "volume": 10952389, "typical_volume": 16089557.05, "trend": 10.350646, "fair_value": 10.883724, "relative_strength": 7.103892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.379937, "energy": 14.668771, "activity_lines": [ 10.572033, 10.710601, 10.708024, 10.539556 ] }, { "date": "2023-08-25", "close": 10.552493, "volume": 13357479, "typical_volume": 16438330.4, "trend": 10.369173, "fair_value": 10.880893, "relative_strength": 9.5348, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.404346, "energy": 13.804067, "activity_lines": [ 10.536673, 10.66695, 10.709112, 10.552578 ] }, { "date": "2023-09-01", "close": 10.957284, "volume": 19114476, "typical_volume": 16796095.8, "trend": 10.393615, "fair_value": 10.88154, "relative_strength": 11.015972, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.325271, "energy": 11.28811, "activity_lines": [ 10.65718, 10.706668, 10.741874, 10.590521 ] }, { "date": "2023-09-08", "close": 12.597386, "volume": 47713132, "typical_volume": 17999486.25, "trend": 10.47732, "fair_value": 10.895959, "relative_strength": 27.533239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.723333, "energy": 59.688826, "activity_lines": [ 11.339742, 11.038749, 10.924752, 10.7327 ] }, { "date": "2023-09-15", "close": 10.398951, "volume": 67848400, "typical_volume": 19966269.3, "trend": 10.489351, "fair_value": 10.891817, "relative_strength": 5.173778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.243608, "energy": 34.088231, "activity_lines": [ 11.126179, 10.941168, 10.883968, 10.727644 ] }, { "date": "2023-09-22", "close": 10.650201, "volume": 23183654, "typical_volume": 20458545.95, "trend": 10.506082, "fair_value": 10.88982, "relative_strength": 7.100192, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.437657, "energy": 28.062784, "activity_lines": [ 11.007069, 10.89942, 10.86687, 10.738021 ] }, { "date": "2023-09-29", "close": 10.950303, "volume": 12947273, "typical_volume": 20658024.4, "trend": 10.533506, "fair_value": 10.890316, "relative_strength": 10.687708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.143211, "energy": 25.819652, "activity_lines": [ 10.980082, 10.918581, 10.878818, 10.76668 ] }, { "date": "2023-10-13", "close": 10.859575, "volume": 13935428, "typical_volume": 21074465.5, "trend": 10.564796, "fair_value": 10.890066, "relative_strength": 10.233819, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.24816, "energy": 15.363684, "activity_lines": [ 10.896332, 10.919723, 10.879781, 10.787717 ] }, { "date": "2023-10-20", "close": 10.40593, "volume": 9575913, "typical_volume": 21310590.3, "trend": 10.588312, "fair_value": 10.886162, "relative_strength": 8.939472, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.82956, "energy": 11.388443, "activity_lines": [ 10.667881, 10.844348, 10.836411, 10.777468 ] }, { "date": "2023-10-27", "close": 10.175616, "volume": 16105632, "typical_volume": 21064502.8, "trend": 10.594965, "fair_value": 10.880477, "relative_strength": 5.071174, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.929229, "energy": 15.789618, "activity_lines": [ 10.508755, 10.722403, 10.772668, 10.750842 ] }, { "date": "2023-11-03", "close": 10.391972, "volume": 14570872, "typical_volume": 21348190.6, "trend": 10.625365, "fair_value": 10.8766, "relative_strength": 6.610655, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.541895, "energy": 23.859563, "activity_lines": [ 10.436638, 10.646774, 10.733585, 10.737746 ] }, { "date": "2023-11-10", "close": 10.650201, "volume": 13004779, "typical_volume": 21462296.35, "trend": 10.676774, "fair_value": 10.874818, "relative_strength": 8.675421, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.604605, "energy": 28.018578, "activity_lines": [ 10.467812, 10.620634, 10.719959, 10.739348 ] }, { "date": "2023-11-17", "close": 10.831659, "volume": 16712817, "typical_volume": 21795326.35, "trend": 10.715171, "fair_value": 10.874481, "relative_strength": 9.681175, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.371275, "energy": 12.625652, "activity_lines": [ 10.579478, 10.62571, 10.725708, 10.749341 ] }, { "date": "2023-11-24", "close": 10.664158, "volume": 14810642, "typical_volume": 21715507.25, "trend": 10.75074, "fair_value": 10.87285, "relative_strength": 8.200234, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.566162, "energy": 13.634622, "activity_lines": [ 10.637173, 10.602615, 10.714575, 10.746049 ] }, { "date": "2023-12-01", "close": 10.615305, "volume": 10457275, "typical_volume": 21456101.4, "trend": 10.759648, "fair_value": 10.870869, "relative_strength": 7.812644, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.638036, "energy": 13.407454, "activity_lines": [ 10.661367, 10.605788, 10.700151, 10.737312 ] }, { "date": "2023-12-08", "close": 10.245409, "volume": 11750795, "typical_volume": 21418155.5, "trend": 10.742907, "fair_value": 10.866095, "relative_strength": 6.034067, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.267287, "energy": 20.814865, "activity_lines": [ 10.532951, 10.537772, 10.652128, 10.704135 ] }, { "date": "2023-12-15", "close": 14.118844, "volume": 64398754, "typical_volume": 23971571.25, "trend": 10.864926, "fair_value": 10.890737, "relative_strength": 46.034514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.096304, "energy": 68.697217, "activity_lines": [ 11.70545, 11.181378, 10.976593, 10.921937 ] }, { "date": "2023-12-22", "close": 11.662179, "volume": 141363544, "typical_volume": 29483276.15, "trend": 10.899589, "fair_value": 10.896537, "relative_strength": 21.117349, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.067244, "energy": 61.107477, "activity_lines": [ 11.827818, 11.320708, 11.051602, 10.973373 ] }, { "date": "2023-12-29", "close": 11.585408, "volume": 68446695, "typical_volume": 30333565.8, "trend": 10.927971, "fair_value": 10.901678, "relative_strength": 17.352543, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.58136, "energy": 59.741897, "activity_lines": [ 11.869227, 11.431486, 11.11704, 11.017619 ] }, { "date": "2024-01-05", "close": 11.508638, "volume": 100061007, "typical_volume": 34515547.8, "trend": 10.944023, "fair_value": 10.906174, "relative_strength": 17.755302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.480452, "energy": 54.610502, "activity_lines": [ 11.82363, 11.506861, 11.16832, 11.055082 ] }, { "date": "2024-01-12", "close": 11.836658, "volume": 104517417, "typical_volume": 39193799.2, "trend": 10.986131, "fair_value": 10.913016, "relative_strength": 22.300335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.38352, "energy": 27.486371, "activity_lines": [ 11.827818, 11.617639, 11.246321, 11.112671 ] }, { "date": "2024-01-19", "close": 11.048013, "volume": 39090178, "typical_volume": 40480434.15, "trend": 10.984735, "fair_value": 10.914001, "relative_strength": 15.512833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.043163, "energy": 15.372645, "activity_lines": [ 11.46304, 11.558761, 11.242997, 11.116664 ] }, { "date": "2024-01-26", "close": 9.65916, "volume": 36420260, "typical_volume": 41345723.35, "trend": 10.952165, "fair_value": 10.904908, "relative_strength": -1.917153, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.912478, "energy": 14.018013, "activity_lines": [ 10.840034, 11.24013, 11.105043, 11.031143 ] }, { "date": "2024-02-02", "close": 7.774786, "volume": 30741620, "typical_volume": 40497147.75, "trend": 10.846315, "fair_value": 10.882389, "relative_strength": -15.742116, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -76.780325, "energy": 52.939166, "activity_lines": [ 9.722438, 10.600205, 10.793805, 10.82615 ] }, { "date": "2024-02-09", "close": 6.532495, "volume": 51490843, "typical_volume": 39679269.9, "trend": 10.698822, "fair_value": 10.851318, "relative_strength": -32.229472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.450528, "energy": 80.135338, "activity_lines": [ 8.444786, 9.786942, 10.387219, 10.547839 ] }, { "date": "2024-02-23", "close": 8.249369, "volume": 51782431, "typical_volume": 41109208.75, "trend": 10.607162, "fair_value": 10.832865, "relative_strength": -18.21349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.954797, "energy": 74.754416, "activity_lines": [ 8.071168, 9.360071, 10.162557, 10.38981 ] }, { "date": "2024-03-01", "close": 8.821661, "volume": 58260285, "typical_volume": 43374859.35, "trend": 10.538999, "fair_value": 10.818701, "relative_strength": -13.080096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.48211, "energy": 72.286643, "activity_lines": [ 8.127467, 9.073545, 10.003831, 10.274617 ] }, { "date": "2024-03-08", "close": 9.191554, "volume": 91262820, "typical_volume": 47241228.95, "trend": 10.472464, "fair_value": 10.807323, "relative_strength": -9.954671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.615185, "energy": 51.494338, "activity_lines": [ 8.455486, 8.950584, 9.890469, 10.187685 ] }, { "date": "2024-03-15", "close": 8.961243, "volume": 41810389, "typical_volume": 48852952.75, "trend": 10.432916, "fair_value": 10.794503, "relative_strength": -12.403708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.204489, "energy": 31.204667, "activity_lines": [ 8.73791, 8.830669, 9.763116, 10.090187 ] }, { "date": "2024-03-22", "close": 9.554473, "volume": 61773448, "typical_volume": 51136343.55, "trend": 10.399416, "fair_value": 10.785951, "relative_strength": -6.43655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.12292, "energy": 20.352486, "activity_lines": [ 9.138979, 8.866327, 9.69914, 10.033513 ] }, { "date": "2024-03-29", "close": 9.310202, "volume": 37028772, "typical_volume": 52259238.55, "trend": 10.358704, "fair_value": 10.775843, "relative_strength": -8.663188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.047578, "energy": 19.434045, "activity_lines": [ 9.25716, 8.893101, 9.614859, 9.963241 ] }, { "date": "2024-04-05", "close": 11.557491, "volume": 16195787, "typical_volume": 52418788.95, "trend": 10.392204, "fair_value": 10.78116, "relative_strength": 11.888269, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.34992, "energy": 13.43519, "activity_lines": [ 10.053715, 9.37441, 9.749756, 10.040582 ] }, { "date": "2024-04-12", "close": 10.336139, "volume": 175815304, "typical_volume": 60373913.3, "trend": 10.371499, "fair_value": 10.778153, "relative_strength": 1.410251, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.870559, "energy": 19.855116, "activity_lines": [ 10.260764, 9.624391, 9.764013, 10.036965 ] }, { "date": "2024-04-19", "close": 9.031035, "volume": 108851784, "typical_volume": 65075970.4, "trend": 10.252621, "fair_value": 10.766428, "relative_strength": -12.821863, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.143268, "energy": 19.135817, "activity_lines": [ 9.956472, 9.624771, 9.656335, 9.950483 ] }, { "date": "2024-04-26", "close": 9.261347, "volume": 48289596, "typical_volume": 66967586.45, "trend": 10.214701, "fair_value": 10.756394, "relative_strength": -11.325061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.771711, "energy": 13.980621, "activity_lines": [ 9.724298, 9.644186, 9.578368, 9.88653 ] }, { "date": "2024-05-03", "close": 9.484679, "volume": 18192955, "typical_volume": 67289694.45, "trend": 10.17585, "fair_value": 10.747972, "relative_strength": -9.736059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.173986, "energy": 15.644143, "activity_lines": [ 9.58611, 9.654591, 9.528117, 9.839432 ] }, { "date": "2024-05-10", "close": 9.57541, "volume": 36727469, "typical_volume": 65906130.2, "trend": 10.13002, "fair_value": 10.740258, "relative_strength": -10.268979, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.534672, "energy": 20.024826, "activity_lines": [ 9.466534, 9.659033, 9.490131, 9.800694 ] }, { "date": "2024-05-17", "close": 9.882493, "volume": 27883305, "typical_volume": 60232118.25, "trend": 10.097451, "fair_value": 10.734651, "relative_strength": -7.328659, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.223681, "energy": 15.752174, "activity_lines": [ 9.581458, 9.705603, 9.503026, 9.784724 ] }, { "date": "2024-05-24", "close": 9.407909, "volume": 22784267, "typical_volume": 57948996.85, "trend": 10.064184, "fair_value": 10.726036, "relative_strength": -9.841083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.506584, "energy": 16.838229, "activity_lines": [ 9.56843, 9.653322, 9.479197, 9.740238 ] }, { "date": "2024-05-31", "close": 9.91041, "volume": 36151450, "typical_volume": 54753519.0, "trend": 10.055343, "fair_value": 10.720774, "relative_strength": -4.948909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.679016, "energy": 6.819787, "activity_lines": [ 9.697778, 9.684284, 9.513594, 9.730317 ] }, { "date": "2024-06-07", "close": 8.947285, "volume": 73634153, "typical_volume": 53209355.8, "trend": 10.007187, "fair_value": 10.709406, "relative_strength": -12.984297, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.748884, "energy": 17.091502, "activity_lines": [ 9.462813, 9.533661, 9.463876, 9.658829 ] }, { "date": "2024-06-14", "close": 9.247389, "volume": 29485592, "typical_volume": 52729126.5, "trend": 9.960427, "fair_value": 10.67524, "relative_strength": -9.324057, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.177378, "energy": 20.776564, "activity_lines": [ 9.363708, 9.444201, 9.456498, 9.60981 ] }, { "date": "2024-06-21", "close": 8.989636, "volume": 18844686, "typical_volume": 51850347.8, "trend": 9.899026, "fair_value": 10.637545, "relative_strength": -10.697518, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.248402, "energy": 27.364669, "activity_lines": [ 9.200555, 9.349879, 9.433146, 9.547178 ] }, { "date": "2024-06-28", "close": 9.209242, "volume": 22468523, "typical_volume": 51436692.95, "trend": 9.850529, "fair_value": 10.603308, "relative_strength": -7.417566, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.43914, "energy": 28.98683, "activity_lines": [ 9.170127, 9.319967, 9.433898, 9.502676 ] }, { "date": "2024-07-05", "close": 9.145486, "volume": 28651089, "typical_volume": 50294705.25, "trend": 9.801535, "fair_value": 10.571896, "relative_strength": -7.39408, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.890941, "energy": 28.924636, "activity_lines": [ 9.131691, 9.275222, 9.421747, 9.45719 ] }, { "date": "2024-07-12", "close": 9.209242, "volume": 24992766, "typical_volume": 48955222.0, "trend": 9.766996, "fair_value": 10.545629, "relative_strength": -7.248228, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.065776, "energy": 26.326845, "activity_lines": [ 9.165503, 9.244176, 9.403225, 9.418977 ] }, { "date": "2024-07-19", "close": 8.699192, "volume": 15743952, "typical_volume": 46829405.35, "trend": 9.586341, "fair_value": 10.518806, "relative_strength": -12.451436, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.625239, "energy": 33.994121, "activity_lines": [ 9.011834, 9.125402, 9.331556, 9.350087 ] }, { "date": "2024-07-26", "close": 8.408747, "volume": 13479515, "typical_volume": 42940240.1, "trend": 9.477893, "fair_value": 10.49249, "relative_strength": -12.451698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.007537, "energy": 47.113107, "activity_lines": [ 8.797896, 8.969751, 9.232809, 9.274113 ] }, { "date": "2024-08-02", "close": 8.656688, "volume": 11685583, "typical_volume": 41433999.8, "trend": 9.380269, "fair_value": 10.469871, "relative_strength": -10.083613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.899402, "energy": 46.491347, "activity_lines": [ 8.705332, 8.885975, 9.161403, 9.221132 ] }, { "date": "2024-08-09", "close": 8.401662, "volume": 11808874, "typical_volume": 38935771.1, "trend": 9.276703, "fair_value": 10.443971, "relative_strength": -11.169817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.404045, "energy": 55.017764, "activity_lines": [ 8.564595, 8.76949, 9.067159, 9.157996 ] }, { "date": "2024-08-16", "close": 8.437081, "volume": 15515236, "typical_volume": 37860094.3, "trend": 9.163384, "fair_value": 10.41596, "relative_strength": -11.248684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.531896, "energy": 52.130281, "activity_lines": [ 8.485254, 8.686876, 8.981777, 9.103827 ] }, { "date": "2024-08-23", "close": 8.359158, "volume": 25195118, "typical_volume": 38310060.85, "trend": 9.073755, "fair_value": 10.387246, "relative_strength": -11.098285, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.304157, "energy": 44.226855, "activity_lines": [ 8.431415, 8.599371, 8.893132, 9.051941 ] }, { "date": "2024-08-30", "close": 8.961302, "volume": 46936507, "typical_volume": 31866121.0, "trend": 9.050494, "fair_value": 10.370854, "relative_strength": -4.169481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.461161, "energy": 29.666685, "activity_lines": [ 8.60096, 8.637496, 8.877065, 9.044686 ] }, { "date": "2024-09-06", "close": 8.458334, "volume": 36118427, "typical_volume": 28229453.15, "trend": 9.073278, "fair_value": 10.351786, "relative_strength": -6.839276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.850591, "energy": 30.151496, "activity_lines": [ 8.566012, 8.584688, 8.819642, 9.006482 ] }, { "date": "2024-09-13", "close": 7.948284, "volume": 14000540, "typical_volume": 26515000.35, "trend": 9.120471, "fair_value": 10.324712, "relative_strength": -10.165444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.701853, "energy": 41.114644, "activity_lines": [ 8.374271, 8.452796, 8.716371, 8.933902 ] }, { "date": "2024-09-20", "close": 7.771183, "volume": 10833123, "typical_volume": 26147008.75, "trend": 9.104532, "fair_value": 10.297745, "relative_strength": -12.599672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.091221, "energy": 54.194524, "activity_lines": [ 8.153721, 8.310471, 8.602485, 8.846851 ] }, { "date": "2024-09-27", "close": 8.741695, "volume": 18863670, "typical_volume": 25253818.8, "trend": 9.101866, "fair_value": 10.272235, "relative_strength": -12.591496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.627475, "energy": 45.16785, "activity_lines": [ 8.301069, 8.37075, 8.589189, 8.823442 ] }, { "date": "2024-10-04", "close": 9.457183, "volume": 11925533, "typical_volume": 24455930.2, "trend": 9.110721, "fair_value": 10.255671, "relative_strength": -12.198748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.525985, "energy": 11.988969, "activity_lines": [ 8.66141, 8.560344, 8.648005, 8.846366 ] }, { "date": "2024-10-11", "close": 8.862124, "volume": 35957054, "typical_volume": 25114569.55, "trend": 9.107417, "fair_value": 10.23333, "relative_strength": -14.295454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.262177, "energy": 15.431467, "activity_lines": [ 8.790339, 8.622684, 8.652173, 8.830327 ] }, { "date": "2024-10-18", "close": 10.115998, "volume": 61076225, "typical_volume": 26360808.3, "trend": 9.126134, "fair_value": 10.221336, "relative_strength": -3.243621, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.372237, "energy": 32.332158, "activity_lines": [ 9.310307, 8.909265, 8.778357, 8.895397 ] }, { "date": "2024-10-25", "close": 10.108914, "volume": 76204495, "typical_volume": 26489325.4, "trend": 9.152758, "fair_value": 10.210885, "relative_strength": -4.18472, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.976725, "energy": 45.141832, "activity_lines": [ 9.6834, 9.163389, 8.902887, 8.958802 ] }, { "date": "2024-11-01", "close": 9.372174, "volume": 44633058, "typical_volume": 27246698.7, "trend": 9.079914, "fair_value": 10.196739, "relative_strength": -10.141807, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.470352, "energy": 44.180129, "activity_lines": [ 9.655063, 9.253163, 8.95172, 8.972958 ] }, { "date": "2024-11-08", "close": 9.825552, "volume": 38139443, "typical_volume": 28211436.55, "trend": 9.062894, "fair_value": 10.184851, "relative_strength": -10.399449, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.187285, "energy": 52.367302, "activity_lines": [ 9.735821, 9.40695, 9.043138, 9.021064 ] }, { "date": "2024-11-15", "close": 9.811385, "volume": 64949541, "typical_volume": 30335487.45, "trend": 9.088906, "fair_value": 10.172755, "relative_strength": -6.948131, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.399514, "energy": 36.445762, "activity_lines": [ 9.787299, 9.542449, 9.129226, 9.069354 ] }, { "date": "2024-11-22", "close": 10.569375, "volume": 62536901, "typical_volume": 32029778.05, "trend": 9.132507, "fair_value": 10.167756, "relative_strength": 2.383594, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.099123, "energy": 44.205614, "activity_lines": [ 10.028156, 9.791163, 9.284636, 9.164868 ] }, { "date": "2024-11-29", "close": 11.334452, "volume": 80251939, "typical_volume": 34792736.7, "trend": 9.194166, "fair_value": 10.167986, "relative_strength": 7.90397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.797745, "energy": 68.404535, "activity_lines": [ 10.493813, 10.131325, 9.50613, 9.306929 ] }, { "date": "2024-12-06", "close": 13.502166, "volume": 106667829, "typical_volume": 39338930.55, "trend": 9.325058, "fair_value": 10.181404, "relative_strength": 25.254945, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.231338, "energy": 88.781726, "activity_lines": [ 11.600339, 10.800831, 9.923953, 9.584864 ] }, { "date": "2024-12-13", "close": 14.160981, "volume": 72249519, "typical_volume": 42277430.75, "trend": 9.467674, "fair_value": 10.1956, "relative_strength": 31.2612, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.524086, "energy": 95.119333, "activity_lines": [ 12.651137, 11.503567, 10.381649, 9.896859 ] }, { "date": "2024-12-20", "close": 13.133797, "volume": 37822908, "typical_volume": 43584297.0, "trend": 9.591871, "fair_value": 10.200678, "relative_strength": 23.270364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.996017, "energy": 87.584779, "activity_lines": [ 13.070512, 11.934019, 10.714127, 10.133383 ] }, { "date": "2024-12-27", "close": 15.259006, "volume": 48103424, "typical_volume": 45399024.5, "trend": 9.770157, "fair_value": 10.217965, "relative_strength": 41.447567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.375448, "energy": 94.154206, "activity_lines": [ 13.976796, 12.673205, 11.227685, 10.499005 ] }, { "date": "2025-01-03", "close": 14.005132, "volume": 57437426, "typical_volume": 47495134.0, "trend": 9.938752, "fair_value": 10.228363, "relative_strength": 37.065546, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.857126, "energy": 75.859965, "activity_lines": [ 14.15248, 13.090906, 11.589173, 10.772229 ] }, { "date": "2025-01-10", "close": 16.697819, "volume": 54632275, "typical_volume": 48966991.85, "trend": 10.1871, "fair_value": 10.256169, "relative_strength": 64.299631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.886445, "energy": 71.164306, "activity_lines": [ 15.047681, 13.927345, 12.180593, 11.208298 ] }, { "date": "2025-01-17", "close": 17.096573, "volume": 85457081, "typical_volume": 50893020.55, "trend": 10.457331, "fair_value": 10.286708, "relative_strength": 63.277644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.334972, "energy": 75.812954, "activity_lines": [ 15.862756, 14.703092, 12.770282, 11.65407 ] }, { "date": "2025-01-24", "close": 23.704493, "volume": 107773168, "typical_volume": 54475757.6, "trend": 10.940506, "fair_value": 10.361491, "relative_strength": 121.173092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.895081, "energy": 87.171732, "activity_lines": [ 18.684766, 16.548078, 13.950557, 12.508726 ] }, { "date": "2025-01-31", "close": 23.811302, "volume": 16999077, "typical_volume": 54625684.45, "trend": 11.429366, "fair_value": 10.435397, "relative_strength": 117.229064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.90703, "energy": 95.620252, "activity_lines": [ 20.837665, 18.159882, 15.068403, 13.3391 ] }, { "date": "2025-02-07", "close": 24.701378, "volume": 56148254, "typical_volume": 56891441.0, "trend": 11.945771, "fair_value": 10.515186, "relative_strength": 116.02638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.982015, "energy": 94.033388, "activity_lines": [ 22.717103, 19.692756, 16.195481, 14.195359 ] }, { "date": "2025-02-14", "close": 28.48242, "volume": 83907212, "typical_volume": 60143618.1, "trend": 12.605212, "fair_value": 10.617062, "relative_strength": 137.660666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.37453, "energy": 94.785314, "activity_lines": [ 25.143805, 21.670057, 17.602037, 15.262239 ] }, { "date": "2025-02-21", "close": 44.50378, "volume": 105286664, "typical_volume": 64811674.65, "trend": 13.80838, "fair_value": 10.825262, "relative_strength": 248.286664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.156824, "energy": 97.917704, "activity_lines": [ 32.125321, 26.287964, 20.440434, 17.320211 ] }, { "date": "2025-02-28", "close": 34.1077, "volume": 92949564, "typical_volume": 67661300.15, "trend": 14.656747, "fair_value": 10.970826, "relative_strength": 161.811561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.935602, "energy": 69.116241, "activity_lines": [ 33.814329, 28.463988, 22.12184, 18.629845 ] }, { "date": "2025-03-07", "close": 39.910992, "volume": 90325184, "typical_volume": 69123748.1, "trend": 15.707058, "fair_value": 11.152206, "relative_strength": 189.168177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.436602, "energy": 73.195548, "activity_lines": [ 36.744221, 31.313812, 24.235723, 20.259151 ] }, { "date": "2025-03-14", "close": 37.504227, "volume": 74047666, "typical_volume": 69015906.65, "trend": 16.675963, "fair_value": 11.317098, "relative_strength": 158.245069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.009315, "energy": 67.821467, "activity_lines": [ 37.798546, 33.277824, 25.978509, 21.66542 ] }, { "date": "2025-03-21", "close": 34.1077, "volume": 54487111, "typical_volume": 69508609.3, "trend": 17.534247, "fair_value": 11.461189, "relative_strength": 131.342666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.984541, "energy": 63.371505, "activity_lines": [ 36.867171, 34.19703, 27.267363, 22.790048 ] }, { "date": "2025-03-28", "close": 31.864706, "volume": 76267095, "typical_volume": 71414991.9, "trend": 18.297694, "fair_value": 11.592846, "relative_strength": 111.030248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.547641, "energy": 54.326632, "activity_lines": [ 34.813113, 34.391875, 28.22481, 23.714594 ] }, { "date": "2025-04-04", "close": 30.440586, "volume": 43807632, "typical_volume": 70357896.45, "trend": 19.030436, "fair_value": 11.721206, "relative_strength": 97.652237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.46436, "energy": 38.710283, "activity_lines": [ 33.126953, 34.059278, 28.941679, 24.498006 ] }, { "date": "2025-04-11", "close": 27.485535, "volume": 70061264, "typical_volume": 70734114.6, "trend": 19.681678, "fair_value": 11.831978, "relative_strength": 80.372327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.102262, "energy": 24.618342, "activity_lines": [ 30.700251, 33.066925, 29.278879, 25.043497 ] }, { "date": "2025-04-18", "close": 26.588339, "volume": 40856091, "typical_volume": 68764322.2, "trend": 20.308916, "fair_value": 11.935026, "relative_strength": 68.867763, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.08327, "energy": 25.423663, "activity_lines": [ 28.802847, 31.84464, 29.450079, 25.489088 ] }, { "date": "2025-04-25", "close": 32.655094, "volume": 118203406, "typical_volume": 69341101.05, "trend": 21.106029, "fair_value": 12.073811, "relative_strength": 100.693589, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.262467, "energy": 23.721374, "activity_lines": [ 29.655421, 31.691094, 30.126428, 26.285615 ] }, { "date": "2025-05-02", "close": 35.076099, "volume": 64405389, "typical_volume": 68948894.55, "trend": 21.959993, "fair_value": 12.224641, "relative_strength": 110.365595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.248541, "energy": 23.534766, "activity_lines": [ 31.411836, 31.901864, 30.942144, 27.18691 ] }, { "date": "2025-05-09", "close": 34.164661, "volume": 65715236, "typical_volume": 70343510.95, "trend": 22.803411, "fair_value": 12.377668, "relative_strength": 95.718764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.941951, "energy": 31.98485, "activity_lines": [ 32.650346, 32.11833, 31.571461, 27.974308 ] }, { "date": "2025-05-16", "close": 34.143303, "volume": 70149706, "typical_volume": 71445825.05, "trend": 23.604321, "fair_value": 12.530853, "relative_strength": 89.236229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.725818, "energy": 38.339854, "activity_lines": [ 33.633466, 32.329877, 32.098597, 28.705914 ] }, { "date": "2025-05-23", "close": 31.779259, "volume": 41717785, "typical_volume": 70659843.0, "trend": 24.326666, "fair_value": 12.677043, "relative_strength": 73.132791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.514203, "energy": 34.552554, "activity_lines": [ 33.384719, 32.216465, 32.310661, 29.233329 ] }, { "date": "2025-05-30", "close": 32.169998, "volume": 64653812, "typical_volume": 71160919.85, "trend": 25.086594, "fair_value": 12.826974, "relative_strength": 71.458581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.066449, "energy": 29.680377, "activity_lines": [ 32.920157, 32.278187, 32.475299, 29.739351 ] }, { "date": "2025-06-06", "close": 34.080002, "volume": 72456326, "typical_volume": 70510882.1, "trend": 25.895075, "fair_value": 12.984466, "relative_strength": 75.315009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.472303, "energy": 29.388839, "activity_lines": [ 33.124603, 32.722413, 32.748165, 30.319571 ] }, { "date": "2025-06-13", "close": 32.939999, "volume": 57823615, "typical_volume": 68013404.45, "trend": 26.666029, "fair_value": 13.13471, "relative_strength": 66.13948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.246586, "energy": 26.265916, "activity_lines": [ 33.015455, 32.919088, 32.831586, 30.774082 ] }, { "date": "2025-06-20", "close": 30.9, "volume": 34138597, "typical_volume": 68870380.45, "trend": 27.343717, "fair_value": 13.272053, "relative_strength": 53.526602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.716727, "energy": 17.687022, "activity_lines": [ 32.30795, 32.69941, 32.676742, 31.047241 ] }, { "date": "2025-06-27", "close": 32.700001, "volume": 40569112, "typical_volume": 68091423.35, "trend": 28.055902, "fair_value": 13.418107, "relative_strength": 56.185414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.101639, "energy": 17.241722, "activity_lines": [ 32.416667, 32.744923, 32.659572, 31.392808 ] }, { "date": "2025-07-04", "close": 30.52, "volume": 30377034, "typical_volume": 65414914.45, "trend": 28.623163, "fair_value": 13.550594, "relative_strength": 41.226948, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.866728, "energy": 7.071117, "activity_lines": [ 31.737334, 32.282952, 32.396694, 31.551782 ] }, { "date": "2025-07-11", "close": 29.92, "volume": 32129484, "typical_volume": 61757055.45, "trend": 29.148463, "fair_value": 13.679235, "relative_strength": 34.69962, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.796738, "energy": 10.144806, "activity_lines": [ 30.968, 31.75071, 32.06697, 31.635449 ] }, { "date": "2025-07-18", "close": 32.119999, "volume": 51094598, "typical_volume": 59664307.15, "trend": 29.781337, "fair_value": 13.811644, "relative_strength": 40.966096, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.874304, "energy": 10.048339, "activity_lines": [ 31.209333, 31.712215, 32.016217, 31.827161 ] }, { "date": "2025-07-25", "close": 31.610001, "volume": 30268808, "typical_volume": 56661488.35, "trend": 30.32637, "fair_value": 13.946349, "relative_strength": 34.088686, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.27849, "energy": 7.436949, "activity_lines": [ 31.335333, 31.618168, 31.926358, 31.945139 ] }, { "date": "2025-08-01", "close": 30.52, "volume": 25926730, "typical_volume": 54255441.55, "trend": 30.876866, "fair_value": 14.073271, "relative_strength": 28.582133, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.621571, "energy": 11.785681, "activity_lines": [ 31.050667, 31.372, 31.772217, 31.957632 ] }, { "date": "2025-08-08", "close": 32.490002, "volume": 58815346, "typical_volume": 54471853.3, "trend": 31.403272, "fair_value": 14.218961, "relative_strength": 31.769791, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.204254, "energy": 9.193209, "activity_lines": [ 31.568001, 31.50691, 31.838954, 32.061705 ] }, { "date": "2025-08-15", "close": 32.73, "volume": 45272983, "typical_volume": 52922147.7, "trend": 31.924386, "fair_value": 14.365703, "relative_strength": 28.373721, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.006863, "energy": 5.965229, "activity_lines": [ 32.034001, 31.679637, 31.936251, 32.1473 ] }, { "date": "2025-08-22", "close": 34.639999, "volume": 80275114, "typical_volume": 54745521.8, "trend": 32.288903, "fair_value": 14.522745, "relative_strength": 29.079517, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.837203, "energy": 20.865443, "activity_lines": [ 32.949333, 32.224182, 32.211333, 32.322501 ] }, { "date": "2025-08-29", "close": 32.610001, "volume": 53969479, "typical_volume": 53940932.55, "trend": 32.582193, "fair_value": 14.666113, "relative_strength": 18.77613, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.940597, "energy": 13.777302, "activity_lines": [ 33.02, 32.368728, 32.273084, 32.343217 ] }, { "date": "2025-09-05", "close": 30.91, "volume": 49903418, "typical_volume": 54393298.9, "trend": 32.789147, "fair_value": 14.796904, "relative_strength": 12.391687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.80661, "energy": 13.63658, "activity_lines": [ 32.457334, 32.173091, 32.148528, 32.235334 ] }, { "date": "2025-09-12", "close": 34.299999, "volume": 55303002, "typical_volume": 51248278.7, "trend": 32.983066, "fair_value": 14.950177, "relative_strength": 20.937077, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.185187, "energy": 17.081202, "activity_lines": [ 32.998666, 32.626364, 32.326249, 32.332808 ] }, { "date": "2025-09-19", "close": 36.73, "volume": 128711933, "typical_volume": 54463605.9, "trend": 32.72394, "fair_value": 15.122472, "relative_strength": 28.924696, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 38.749523, "energy": 35.626021, "activity_lines": [ 34.229333, 33.452727, 32.727567, 32.574546 ] }, { "date": "2025-09-26", "close": 36.900002, "volume": 102932880, "typical_volume": 56324488.1, "trend": 32.817017, "fair_value": 15.293075, "relative_strength": 27.020326, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.511011, "energy": 55.315104, "activity_lines": [ 35.250001, 34.186182, 33.137199, 32.843969 ] }, { "date": "2025-10-03", "close": 36.150002, "volume": 21330568, "typical_volume": 53883531.2, "trend": 32.69165, "fair_value": 15.457235, "relative_strength": 20.705604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.584375, "energy": 61.806469, "activity_lines": [ 35.870001, 34.696364, 33.462378, 33.059 ] }, { "date": "2025-10-10", "close": 34.509998, "volume": 19233263, "typical_volume": 52759305.1, "trend": 32.591843, "fair_value": 15.614107, "relative_strength": 13.087939, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.139724, "energy": 55.875568, "activity_lines": [ 35.707334, 34.825818, 33.62181, 33.176313 ] }, { "date": "2025-10-17", "close": 30.76, "volume": 40528642, "typical_volume": 51553046.6, "trend": 32.480253, "fair_value": 15.751533, "relative_strength": 1.084115, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.555809, "energy": 14.642185, "activity_lines": [ 34.054667, 34.200909, 33.411095, 33.05813 ] }, { "date": "2025-10-24", "close": 31.25, "volume": 26722531, "typical_volume": 49266356.85, "trend": 32.459763, "fair_value": 15.896296, "relative_strength": -1.340188, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.661097, "energy": 13.658562, "activity_lines": [ 32.801333, 33.696546, 33.253762, 32.978759 ] }, { "date": "2025-10-31", "close": 31.780001, "volume": 31996007, "typical_volume": 47974976.45, "trend": 32.50441, "fair_value": 16.040835, "relative_strength": -1.008334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.920521, "energy": 15.405314, "activity_lines": [ 32.09, 33.315455, 33.160381, 32.934903 ] }, { "date": "2025-11-07", "close": 30.530001, "volume": 27388121, "typical_volume": 47637452.65, "trend": 32.605892, "fair_value": 16.176875, "relative_strength": -6.97516, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.409065, "energy": 26.975666, "activity_lines": [ 31.303334, 32.759091, 32.953477, 32.807522 ] }, { "date": "2025-11-14", "close": 32.689999, "volume": 36806211, "typical_volume": 47449307.6, "trend": 32.809281, "fair_value": 16.329279, "relative_strength": -1.42866, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.056171, "energy": 21.037606, "activity_lines": [ 31.611333, 32.633273, 32.954048, 32.812948 ] }, { "date": "2025-11-21", "close": 32.380001, "volume": 38288021, "typical_volume": 47844856.95, "trend": 32.800111, "fair_value": 16.47572, "relative_strength": 0.38828, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.893838, "energy": 17.70418, "activity_lines": [ 31.937334, 32.418728, 32.925143, 32.785253 ] }, { "date": "2025-11-28", "close": 33.150002, "volume": 53869509, "typical_volume": 48931858.2, "trend": 32.735908, "fair_value": 16.626833, "relative_strength": 0.183869, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.981127, "energy": 5.200086, "activity_lines": [ 32.412001, 32.379092, 32.960715, 32.807826 ] }, { "date": "2025-12-05", "close": 34.220001, "volume": 59752144, "typical_volume": 49364735.5, "trend": 32.737752, "fair_value": 16.783612, "relative_strength": 1.934816, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.569068, "energy": 12.372203, "activity_lines": [ 33.116668, 32.599092, 33.08281, 32.903574 ] }, { "date": "2025-12-12", "close": 31.68, "volume": 53728486, "typical_volume": 50537719.4, "trend": 32.655642, "fair_value": 16.92433, "relative_strength": -6.137898, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.096698, "energy": 4.928918, "activity_lines": [ 32.812001, 32.406001, 32.953, 32.835332 ] }, { "date": "2025-12-19", "close": 31.200001, "volume": 20946153, "typical_volume": 50288690.55, "trend": 32.636334, "fair_value": 17.060735, "relative_strength": -8.422375, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.488045, "energy": 2.788794, "activity_lines": [ 32.270668, 32.20691, 32.777143, 32.74142 ] }, { "date": "2025-12-26", "close": 32.200001, "volume": 35132256, "typical_volume": 49104536.05, "trend": 32.637334, "fair_value": 17.203947, "relative_strength": -7.968208, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.255861, "energy": 9.476695, "activity_lines": [ 32.162001, 32.249819, 32.693286, 32.713269 ] }, { "date": "2026-01-02", "close": 34.349998, "volume": 39935434, "typical_volume": 48837658.6, "trend": 32.646334, "fair_value": 17.360941, "relative_strength": -2.859624, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.322627, "energy": 12.825675, "activity_lines": [ 32.782, 32.657455, 32.815572, 32.823764 ] }, { "date": "2026-01-09", "close": 34.93, "volume": 43841192, "typical_volume": 47015962.5, "trend": 32.712667, "fair_value": 17.526467, "relative_strength": -5.50758, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.383883, "energy": 25.904022, "activity_lines": [ 33.515333, 33.114182, 32.985381, 32.971097 ] }, { "date": "2026-01-16", "close": 39.110001, "volume": 76477693, "typical_volume": 48141373.2, "trend": 32.986334, "fair_value": 17.71817, "relative_strength": 5.315743, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.65851, "energy": 65.687897, "activity_lines": [ 35.594667, 34.273637, 33.551905, 33.383828 ] }, { "date": "2026-01-23", "close": 47.400002, "volume": 92619948, "typical_volume": 50277199.7, "trend": 33.476334, "fair_value": 17.962704, "relative_strength": 25.470222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.354782, "energy": 88.533468, "activity_lines": [ 39.942001, 36.784364, 34.877001, 34.313742 ] }, { "date": "2026-01-30", "close": 40.73, "volume": 81165809, "typical_volume": 51570340.05, "trend": 33.816667, "fair_value": 18.16329, "relative_strength": 7.70946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.391478, "energy": 78.635566, "activity_lines": [ 40.986001, 37.81491, 35.488334, 34.781721 ] }, { "date": "2026-02-06", "close": 43.049999, "volume": 64897106, "typical_volume": 48379598.7, "trend": 34.254334, "fair_value": 18.37517, "relative_strength": 14.564359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.094497, "energy": 82.281622, "activity_lines": [ 42.234667, 39.115455, 36.29, 35.37742 ] }, { "date": "2026-02-13", "close": 42.560001, "volume": 79598825, "typical_volume": 47212895.95, "trend": 34.602334, "fair_value": 18.582452, "relative_strength": 12.355056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.725975, "energy": 78.322749, "activity_lines": [ 42.74, 40.146909, 37.014905, 35.913269 ] }, { "date": "2026-02-27", "close": 40.310001, "volume": 33383333, "typical_volume": 47815534.2, "trend": 34.892334, "fair_value": 18.776194, "relative_strength": 5.109121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.970833, "energy": 49.034737, "activity_lines": [ 41.986667, 40.617637, 37.498572, 36.281506 ] }, { "date": "2026-03-06", "close": 35.84, "volume": 37335847, "typical_volume": 48720663.4, "trend": 35.069667, "fair_value": 18.941591, "relative_strength": -5.357617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.124252, "energy": 29.082962, "activity_lines": [ 39.663334, 40.118728, 37.536715, 36.342646 ] }, { "date": "2026-03-13", "close": 37.889999, "volume": 41262665, "typical_volume": 48757364.55, "trend": 35.249667, "fair_value": 19.119423, "relative_strength": 1.30599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.896803, "energy": 18.961314, "activity_lines": [ 38.794, 39.908182, 37.763762, 36.524602 ] }, { "date": "2026-03-20", "close": 32.66, "volume": 27443548, "typical_volume": 48793415.4, "trend": 35.247334, "fair_value": 19.263862, "relative_strength": -9.103884, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.390993, "energy": 17.29867, "activity_lines": [ 36.370667, 38.643273, 37.458762, 36.357527 ] }, { "date": "2026-03-27", "close": 32.529999, "volume": 26042531, "typical_volume": 48495741.6, "trend": 35.177, "fair_value": 19.408792, "relative_strength": -8.108262, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.373148, "energy": 26.174877, "activity_lines": [ 34.596666, 37.385454, 37.134667, 36.182215 ] }, { "date": "2026-04-03", "close": 32.290001, "volume": 19556700, "typical_volume": 48104170.55, "trend": 35.166334, "fair_value": 19.553597, "relative_strength": -7.763089, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.826005, "energy": 31.083923, "activity_lines": [ 33.411333, 36.127636, 36.784143, 35.995957 ] }, { "date": "2026-04-10", "close": 33.561672, "volume": 18304858, "typical_volume": 47179102.9, "trend": 35.254723, "fair_value": 19.704787, "relative_strength": -6.545686, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.697956, "energy": 30.633355, "activity_lines": [ 33.184557, 35.225031, 36.54635, 35.892431 ] }, { "date": "2026-04-17", "close": 34.049515, "volume": 29059282, "typical_volume": 46717665.95, "trend": 35.246373, "fair_value": 19.862284, "relative_strength": -6.69646, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.035041, "energy": 33.215735, "activity_lines": [ 33.272284, 34.662731, 36.350867, 35.814675 ] }, { "date": "2026-04-24", "close": 32.695499, "volume": 28968120, "typical_volume": 45472596.5, "trend": 35.11189, "fair_value": 20.013486, "relative_strength": -11.012983, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.710577, "energy": 27.840734, "activity_lines": [ 33.164705, 33.975709, 36.01848, 35.650103 ] }, { "date": "2026-05-01", "close": 33.043957, "volume": 19751196, "typical_volume": 43472549.1, "trend": 34.983355, "fair_value": 20.163257, "relative_strength": -10.41148, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.689635, "energy": 21.783012, "activity_lines": [ 33.170911, 33.540307, 35.721444, 35.516688 ] }, { "date": "2026-05-08", "close": 36.61816, "volume": 33663112, "typical_volume": 42469280.4, "trend": 34.99896, "fair_value": 20.336469, "relative_strength": -1.92408, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 3.5369, "energy": 8.758266, "activity_lines": [ 34.334255, 33.927779, 35.770409, 35.622159 ] }, { "date": "2026-05-15", "close": 34.86591, "volume": 43755376, "typical_volume": 43609741.55, "trend": 35.010824, "fair_value": 20.493635, "relative_strength": -5.245374, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 0.849927, "energy": 4.994345, "activity_lines": [ 34.624972, 34.063784, 35.628978, 35.613575 ] }, { "date": "2026-05-22", "close": 40.700123, "volume": 88160956, "typical_volume": 46261176.55, "trend": 35.342161, "fair_value": 20.685638, "relative_strength": 11.27358, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 36.378815, "energy": 27.564013, "activity_lines": [ 36.773477, 35.278266, 36.025729, 35.980627 ] }, { "date": "2026-05-29", "close": 33.910133, "volume": 70702920, "typical_volume": 47799550.85, "trend": 35.430833, "fair_value": 20.83597, "relative_strength": -6.045097, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.388666, "energy": 14.218853, "activity_lines": [ 36.215278, 35.207112, 35.735337, 35.888238 ] }, { "date": "2026-06-05", "close": 34.826084, "volume": 11101020, "typical_volume": 46162542.25, "trend": 35.532369, "fair_value": 20.991123, "relative_strength": -2.324988, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.087968, "energy": 8.294233, "activity_lines": [ 35.88142, 35.279764, 35.534274, 35.849222 ] }, { "date": "2026-06-12", "close": 34.130001, "volume": 7329940, "typical_volume": 42705154.6, "trend": 35.652369, "fair_value": 21.141097, "relative_strength": -4.033146, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.083093, "energy": 8.100549, "activity_lines": [ 35.196726, 35.184109, 35.267412, 35.758746 ] }, { "date": "2026-06-19", "close": 33.779999, "volume": 23128284, "typical_volume": 39230571.4, "trend": 35.688702, "fair_value": 21.286949, "relative_strength": -6.080245, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.627874, "energy": 27.875867, "activity_lines": [ 34.561243, 34.991362, 34.990931, 35.637948 ] }, { "date": "2026-06-26", "close": 27.809999, "volume": 7691473, "typical_volume": 35556854.6, "trend": 35.536369, "fair_value": 21.39744, "relative_strength": -21.069599, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -80.622698, "energy": 70.145701, "activity_lines": [ 32.008153, 33.709191, 34.210735, 35.129645 ] }, { "date": "2026-07-03", "close": 34.880001, "volume": 31571080, "typical_volume": 33890553.3, "trend": 35.594035, "fair_value": 21.549941, "relative_strength": -1.203875, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.776744, "energy": 52.549784, "activity_lines": [ 32.671072, 33.825921, 34.165397, 35.087299 ] }, { "date": "2026-07-10", "close": 29.91, "volume": 58588942, "typical_volume": 32840059.15, "trend": 35.450369, "fair_value": 21.673491, "relative_strength": -14.027509, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.605064, "energy": 60.930181, "activity_lines": [ 31.612667, 32.999296, 33.68563, 34.720587 ] }, { "date": "2026-07-17", "close": 24.889999, "volume": 36710156, "typical_volume": 33006400.3, "trend": 35.224035, "fair_value": 21.762848, "relative_strength": -23.725191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.413557, "energy": 74.602716, "activity_lines": [ 29.208666, 31.316925, 32.788006, 34.039273 ] }, { "date": "2026-07-24", "close": 23.08, "volume": 32927884, "typical_volume": 32786002.15, "trend": 34.953368, "fair_value": 21.840557, "relative_strength": -29.726497, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.579565, "energy": 74.009574, "activity_lines": [ 26.817333, 29.518702, 31.791429, 33.255786 ] }, { "date": "2026-07-31", "close": 24.530001, "volume": 26112275, "typical_volume": 32028482.65, "trend": 34.697702, "fair_value": 21.927294, "relative_strength": -25.263843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.737928, "energy": 78.182974, "activity_lines": [ 25.622667, 28.198406, 30.99371, 32.583311 ] }, { "date": "2026-08-07", "close": 27.940001, "volume": 58969228, "typical_volume": 33604766.65, "trend": 34.484035, "fair_value": 22.036739, "relative_strength": -16.926614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.82975, "energy": 71.133181, "activity_lines": [ 25.783334, 27.792111, 30.584372, 32.14733 ] } ], "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." } } }