{ "ticker": { "uuid": "424562c6-5a61-4f7a-a5f6-1506a10bb9a7", "symbol": "605218", "name": "Ways Electron Co.,Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -65.944, "architecture_energy": 78.898, "architecture_maturity": 56.973, "architecture_confidence": 81.736, "architecture_tenure": "Established", "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": 4.03, "rotation_up": 9.23, "upward_expansion": 18.57, "deceleration": 37.19, "rotation_down": 77.29, "downward_expansion": 94.23 }, "activity_lines": [ 12.986, 14.042909, 15.465446, 16.265914 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 13.63, "trend_reference": 17.30043, "distance_from_trend": -0.212158, "trend_direction": "Weakening", "fair_value": 19.720769, "distance_from_fair_value": -0.30885, "fair_value_direction": "Weakening", "relative_strength": -27.226953, "relative_strength_direction": "Weakening", "price_momentum": -0.287017, "excess_performance": -0.243813, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.212158, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.076654, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.30885, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.241665, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.27227, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.089364, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.287017, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.185982, "read": "Demand-led" } ], "volume": { "latest": 15823800, "relative_activity": 0.874511, "balance": 1.185982, "dry_up": 0.904006, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.145423, "annualized_volatility": 0.549085, "from_high_reference": -0.478943, "from_low_reference": 0.20194 }, "levels": { "trend_reference": 17.30043, "fair_value_reference": 19.720769, "structural_low": 11.34, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.004337, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.001757, "regime_survival": 0.727273, "best_return": 0.170428, "worst_return": -0.272779, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.036263, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.009119, "regime_survival": 0.375, "best_return": 0.976493, "worst_return": -0.149319, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.0331, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.053126, "regime_survival": 0.2, "best_return": 0.681365, "worst_return": -0.135077, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.169062, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.134177, "regime_survival": 0.333333, "best_return": 0.245693, "worst_return": 0.076578, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-10", "end": "2024-08-30", "tenure": "Established", "return": -0.089869, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-06", "end": "2024-10-18", "tenure": "Developing", "return": -0.156342, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2025-01-17", "tenure": "Established", "return": -0.078814, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-03-28", "tenure": "Developing", "return": -0.040933, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.117147, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.142481, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.068917, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.087932, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": -0.074345, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": -0.075843, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-24", "end": "2025-11-14", "tenure": "New", "return": 0.006776, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-02-13", "tenure": "Established", "return": 0.040577, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.059626, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-08-07", "tenure": "Established", "return": -0.20844, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 14.645637, "volume": 7978937, "typical_volume": 18230612.1, "trend": 15.117953, "fair_value": 14.111193, "relative_strength": 0.232698, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.764171, "energy": 8.540873, "activity_lines": [ 15.164008, 15.246399, 14.90843, 15.007047 ] }, { "date": "2023-08-04", "close": 14.340519, "volume": 7286388, "typical_volume": 18182924.0, "trend": 15.146338, "fair_value": 14.112764, "relative_strength": -2.443373, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.113842, "energy": 19.367024, "activity_lines": [ 14.835925, 15.082286, 14.860057, 14.95689 ] }, { "date": "2023-08-11", "close": 13.897608, "volume": 6978900, "typical_volume": 18034444.3, "trend": 15.132264, "fair_value": 14.1113, "relative_strength": -2.696753, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.368743, "energy": 33.516874, "activity_lines": [ 14.421228, 14.832823, 14.774802, 14.876327 ] }, { "date": "2023-08-18", "close": 13.67123, "volume": 5969400, "typical_volume": 17488009.2, "trend": 15.061771, "fair_value": 14.108327, "relative_strength": -2.691401, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.426929, "energy": 53.579423, "activity_lines": [ 14.064274, 14.57835, 14.682287, 14.782067 ] }, { "date": "2023-08-25", "close": 13.120049, "volume": 7145680, "typical_volume": 17034309.8, "trend": 14.941301, "fair_value": 14.101694, "relative_strength": -4.648779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.668959, "energy": 67.409942, "activity_lines": [ 13.686978, 14.26679, 14.547162, 14.656795 ] }, { "date": "2023-09-01", "close": 14.468472, "volume": 10694984, "typical_volume": 16617059.05, "trend": 14.877508, "fair_value": 14.104139, "relative_strength": 2.806663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.705452, "energy": 56.931093, "activity_lines": [ 13.864799, 14.234936, 14.547056, 14.626289 ] }, { "date": "2023-09-08", "close": 14.468472, "volume": 8189415, "typical_volume": 16406491.55, "trend": 14.820558, "fair_value": 14.106552, "relative_strength": 3.109293, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.636145, "energy": 44.246385, "activity_lines": [ 14.054431, 14.208809, 14.544613, 14.5999 ] }, { "date": "2023-09-15", "close": 14.084616, "volume": 6858200, "typical_volume": 16261759.3, "trend": 14.774271, "fair_value": 14.106408, "relative_strength": 0.133996, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.704821, "energy": 29.663338, "activity_lines": [ 14.107581, 14.127206, 14.501506, 14.55242 ] }, { "date": "2023-09-22", "close": 14.153512, "volume": 6618000, "typical_volume": 16368156.4, "trend": 14.715944, "fair_value": 14.106716, "relative_strength": -0.179511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.352765, "energy": 17.944228, "activity_lines": [ 14.171229, 14.091057, 14.463987, 14.512371 ] }, { "date": "2023-09-29", "close": 14.438944, "volume": 6473700, "typical_volume": 16244076.55, "trend": 14.658335, "fair_value": 14.108873, "relative_strength": 2.156514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.38958, "energy": 16.777327, "activity_lines": [ 14.297869, 14.142596, 14.450627, 14.4945 ] }, { "date": "2023-10-13", "close": 15.216502, "volume": 33266637, "typical_volume": 17202664.65, "trend": 14.627622, "fair_value": 14.116019, "relative_strength": 7.831392, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.540592, "energy": 10.885087, "activity_lines": [ 14.595768, 14.340341, 14.504143, 14.530511 ] }, { "date": "2023-10-20", "close": 14.232252, "volume": 13390610, "typical_volume": 17319895.0, "trend": 14.586908, "fair_value": 14.116764, "relative_strength": 3.891832, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.237403, "energy": 16.524179, "activity_lines": [ 14.515716, 14.348752, 14.458208, 14.505003 ] }, { "date": "2023-10-27", "close": 14.665321, "volume": 9648400, "typical_volume": 17026025.0, "trend": 14.512408, "fair_value": 14.092476, "relative_strength": 5.308755, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.326074, "energy": 9.085074, "activity_lines": [ 14.595768, 14.437871, 14.452771, 14.510062 ] }, { "date": "2023-11-03", "close": 15.570832, "volume": 14083116, "typical_volume": 13816073.3, "trend": 14.506539, "fair_value": 14.080736, "relative_strength": 10.761924, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.569602, "energy": 33.968741, "activity_lines": [ 14.938943, 14.67767, 14.539385, 14.578347 ] }, { "date": "2023-11-10", "close": 19.094446, "volume": 38593548, "typical_volume": 13791943.75, "trend": 14.659502, "fair_value": 14.094059, "relative_strength": 34.492687, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.184009, "energy": 73.573888, "activity_lines": [ 16.362168, 15.523588, 14.963831, 14.874341 ] }, { "date": "2023-11-17", "close": 20.039328, "volume": 89102744, "typical_volume": 17292047.25, "trend": 14.861557, "fair_value": 14.118326, "relative_strength": 39.384079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.051078, "energy": 87.472857, "activity_lines": [ 17.789988, 16.432677, 15.458862, 15.221427 ] }, { "date": "2023-11-24", "close": 27.490099, "volume": 92343709, "typical_volume": 21015197.7, "trend": 15.324351, "fair_value": 14.197408, "relative_strength": 88.751489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.864801, "energy": 97.678785, "activity_lines": [ 21.379875, 18.595164, 16.638462, 16.036171 ] }, { "date": "2023-12-01", "close": 28.336552, "volume": 142985712, "typical_volume": 27002024.6, "trend": 15.806237, "fair_value": 14.278822, "relative_strength": 91.613255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.915806, "energy": 97.330945, "activity_lines": [ 24.368058, 20.674794, 17.840418, 16.875668 ] }, { "date": "2023-12-08", "close": 25.004902, "volume": 121935371, "typical_volume": 32240892.55, "trend": 16.189124, "fair_value": 14.338199, "relative_strength": 70.120926, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.758686, "energy": 87.521042, "activity_lines": [ 25.334274, 21.889544, 18.665832, 17.469131 ] }, { "date": "2023-12-15", "close": 23.917301, "volume": 115310719, "typical_volume": 37242708.5, "trend": 16.555307, "fair_value": 14.389552, "relative_strength": 62.028141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.790145, "energy": 75.339818, "activity_lines": [ 25.30902, 22.70925, 19.345366, 17.967723 ] }, { "date": "2023-12-22", "close": 23.383389, "volume": 67827606, "typical_volume": 40235141.95, "trend": 16.867526, "fair_value": 14.44169, "relative_strength": 57.778722, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.483567, "energy": 56.297786, "activity_lines": [ 24.784271, 23.259547, 19.930181, 18.408244 ] }, { "date": "2023-12-29", "close": 25.874981, "volume": 92008357, "typical_volume": 44471240.4, "trend": 17.260844, "fair_value": 14.501323, "relative_strength": 68.391688, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.580697, "energy": 50.33611, "activity_lines": [ 24.867115, 24.114372, 20.710682, 18.98937 ] }, { "date": "2024-01-05", "close": 24.747833, "volume": 109329644, "typical_volume": 49588777.6, "trend": 17.556245, "fair_value": 14.562703, "relative_strength": 61.1751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.579467, "energy": 41.797174, "activity_lines": [ 24.681917, 24.552576, 21.32891, 19.472402 ] }, { "date": "2024-01-12", "close": 20.47653, "volume": 63626617, "typical_volume": 52471638.45, "trend": 17.704021, "fair_value": 14.600043, "relative_strength": 34.193381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.12973, "energy": 28.531098, "activity_lines": [ 23.3122, 24.03086, 21.48868, 19.660807 ] }, { "date": "2024-01-19", "close": 19.596565, "volume": 22662093, "typical_volume": 53247459.1, "trend": 17.856584, "fair_value": 14.638239, "relative_strength": 29.55815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.549902, "energy": 19.139714, "activity_lines": [ 21.951053, 23.259956, 21.532237, 19.782907 ] }, { "date": "2024-01-26", "close": 18.934118, "volume": 30588778, "typical_volume": 54242148.8, "trend": 17.994941, "fair_value": 14.671074, "relative_strength": 21.1429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.105585, "energy": 19.516411, "activity_lines": [ 20.657139, 22.359478, 21.481863, 19.852425 ] }, { "date": "2024-02-02", "close": 18.360657, "volume": 19906371, "typical_volume": 54827996.6, "trend": 18.098433, "fair_value": 14.702956, "relative_strength": 24.508836, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.624746, "energy": 20.129461, "activity_lines": [ 19.46869, 21.374829, 21.355609, 19.87602 ] }, { "date": "2024-02-09", "close": 14.287103, "volume": 60314809, "typical_volume": 57500827.05, "trend": 18.044816, "fair_value": 14.710458, "relative_strength": -7.692868, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.063138, "energy": 32.843213, "activity_lines": [ 17.423344, 19.815523, 20.822863, 19.630127 ] }, { "date": "2024-02-23", "close": 18.469416, "volume": 66342460, "typical_volume": 60487050.05, "trend": 18.123063, "fair_value": 14.738954, "relative_strength": 13.331185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.930572, "energy": 25.351814, "activity_lines": [ 17.469484, 19.272083, 20.687469, 19.657521 ] }, { "date": "2024-03-01", "close": 18.874794, "volume": 73610911, "typical_volume": 63843910.6, "trend": 18.262066, "fair_value": 14.76745, "relative_strength": 14.389093, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.823875, "energy": 27.762825, "activity_lines": [ 17.784558, 18.921175, 20.57013, 19.70602 ] }, { "date": "2024-03-08", "close": 19.527355, "volume": 75365630, "typical_volume": 65948860.25, "trend": 18.42479, "fair_value": 14.807862, "relative_strength": 16.968947, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.96209, "energy": 25.043992, "activity_lines": [ 18.365271, 18.780596, 20.493816, 19.787651 ] }, { "date": "2024-03-15", "close": 21.692667, "volume": 90748858, "typical_volume": 69816772.65, "trend": 18.669862, "fair_value": 14.863887, "relative_strength": 28.560295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.164321, "energy": 17.967457, "activity_lines": [ 19.628205, 19.10382, 20.603195, 19.998482 ] }, { "date": "2024-03-22", "close": 21.079655, "volume": 47745903, "typical_volume": 71721647.8, "trend": 18.909263, "fair_value": 14.911281, "relative_strength": 24.366747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.076574, "energy": 22.91794, "activity_lines": [ 20.464667, 19.391629, 20.618666, 20.153953 ] }, { "date": "2024-03-29", "close": 20.110703, "volume": 31693574, "typical_volume": 72602170.7, "trend": 19.123912, "fair_value": 14.954134, "relative_strength": 18.158503, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 31.980161, "energy": 22.244165, "activity_lines": [ 20.525309, 19.56996, 20.511311, 20.231465 ] }, { "date": "2024-04-05", "close": 19.912956, "volume": 41554735, "typical_volume": 72750230.05, "trend": 19.350342, "fair_value": 14.995409, "relative_strength": 15.403916, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 31.830117, "energy": 20.428206, "activity_lines": [ 20.410616, 19.718987, 20.363505, 20.282371 ] }, { "date": "2024-04-12", "close": 18.439753, "volume": 30844893, "typical_volume": 69837337.5, "trend": 19.482718, "fair_value": 15.031387, "relative_strength": 8.150089, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.302076, "energy": 5.366337, "activity_lines": [ 19.735645, 19.594407, 20.071497, 20.223623 ] }, { "date": "2024-04-19", "close": 17.302719, "volume": 39792900, "typical_volume": 67209797.05, "trend": 19.577193, "fair_value": 15.055621, "relative_strength": -0.470334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.819331, "energy": 24.19685, "activity_lines": [ 18.754169, 19.272083, 19.678816, 20.082978 ] }, { "date": "2024-04-26", "close": 18.192574, "volume": 25659877, "typical_volume": 61343505.3, "trend": 19.714125, "fair_value": 15.085188, "relative_strength": 3.260109, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.997497, "energy": 32.113093, "activity_lines": [ 18.361975, 19.130785, 19.419395, 19.993648 ] }, { "date": "2024-05-03", "close": 18.439753, "volume": 12098322, "typical_volume": 55851652.85, "trend": 19.857, "fair_value": 15.109225, "relative_strength": 3.483265, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.780512, "energy": 37.048469, "activity_lines": [ 18.244645, 18.96342, 19.231819, 19.91143 ] }, { "date": "2024-05-10", "close": 18.429869, "volume": 29368870, "typical_volume": 51554560.4, "trend": 19.990031, "fair_value": 15.13227, "relative_strength": 1.232531, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.258705, "energy": 45.289049, "activity_lines": [ 18.235418, 18.794797, 19.074564, 19.819357 ] }, { "date": "2024-05-17", "close": 18.429869, "volume": 37878473, "typical_volume": 50057103.75, "trend": 20.097143, "fair_value": 15.154572, "relative_strength": 0.649188, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.176656, "energy": 34.34307, "activity_lines": [ 18.325063, 18.634264, 18.94344, 19.718702 ] }, { "date": "2024-05-24", "close": 17.470842, "volume": 19994300, "typical_volume": 46456400.9, "trend": 20.205096, "fair_value": 15.1771, "relative_strength": -3.122582, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.733252, "energy": 39.450409, "activity_lines": [ 18.095692, 18.319317, 18.744569, 19.549263 ] }, { "date": "2024-05-31", "close": 17.919067, "volume": 14783200, "typical_volume": 41729078.7, "trend": 20.313554, "fair_value": 15.200274, "relative_strength": -1.071475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.00623, "energy": 36.295978, "activity_lines": [ 18.00452, 18.162626, 18.628405, 19.401777 ] }, { "date": "2024-06-07", "close": 16.434942, "volume": 18386554, "typical_volume": 39467075.55, "trend": 20.342358, "fair_value": 15.207128, "relative_strength": -8.509722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.24016, "energy": 51.559508, "activity_lines": [ 17.436874, 17.793559, 18.403414, 19.151544 ] }, { "date": "2024-06-14", "close": 17.102301, "volume": 17593666, "typical_volume": 39213654.2, "trend": 20.275953, "fair_value": 15.219559, "relative_strength": -4.434467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.515521, "energy": 53.739396, "activity_lines": [ 17.225335, 17.612662, 18.261227, 18.942508 ] }, { "date": "2024-06-21", "close": 16.614233, "volume": 12675900, "typical_volume": 38318010.3, "trend": 20.161783, "fair_value": 15.237648, "relative_strength": -6.269741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.345813, "energy": 55.628814, "activity_lines": [ 16.939611, 17.394128, 18.084434, 18.706268 ] }, { "date": "2024-06-28", "close": 16.086321, "volume": 18997400, "typical_volume": 38272561.75, "trend": 19.781657, "fair_value": 15.251857, "relative_strength": -8.555654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.382091, "energy": 63.883831, "activity_lines": [ 16.598959, 17.112802, 17.868411, 18.443335 ] }, { "date": "2024-07-05", "close": 14.851212, "volume": 9438600, "typical_volume": 35728751.3, "trend": 19.332146, "fair_value": 15.259077, "relative_strength": -15.19002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.22271, "energy": 75.622242, "activity_lines": [ 15.938906, 16.629026, 17.545589, 18.125242 ] }, { "date": "2024-07-12", "close": 15.717781, "volume": 12191900, "typical_volume": 33021223.3, "trend": 19.022575, "fair_value": 15.271622, "relative_strength": -11.038109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.025389, "energy": 70.532094, "activity_lines": [ 15.772232, 16.363561, 17.302611, 17.892057 ] }, { "date": "2024-07-19", "close": 16.136127, "volume": 15146300, "typical_volume": 30097992.75, "trend": 18.763203, "fair_value": 15.287286, "relative_strength": -9.136288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.880091, "energy": 62.700481, "activity_lines": [ 15.792818, 16.223648, 17.112578, 17.705835 ] }, { "date": "2024-07-26", "close": 15.598254, "volume": 52702206, "typical_volume": 28964821.55, "trend": 18.503698, "fair_value": 15.298878, "relative_strength": -9.509317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.568519, "energy": 53.868833, "activity_lines": [ 15.698524, 16.027646, 16.884361, 17.501644 ] }, { "date": "2024-08-02", "close": 17.062458, "volume": 68314400, "typical_volume": 27843098.65, "trend": 18.209948, "fair_value": 15.323537, "relative_strength": -1.896413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.658674, "energy": 29.652757, "activity_lines": [ 16.160031, 16.149346, 16.814302, 17.408661 ] }, { "date": "2024-08-09", "close": 15.677938, "volume": 26136400, "typical_volume": 26762623.5, "trend": 17.907618, "fair_value": 15.337012, "relative_strength": -8.793188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.972281, "energy": 28.700432, "activity_lines": [ 16.094955, 16.02674, 16.634432, 17.245306 ] }, { "date": "2024-08-16", "close": 17.670053, "volume": 68807051, "typical_volume": 28618297.35, "trend": 17.814069, "fair_value": 15.36463, "relative_strength": 1.603094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.419309, "energy": 14.487902, "activity_lines": [ 16.638802, 16.307085, 16.67001, 17.229979 ] }, { "date": "2024-08-23", "close": 17.241747, "volume": 47608996, "typical_volume": 28921010.4, "trend": 17.735575, "fair_value": 15.385323, "relative_strength": -0.522214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.413215, "energy": 17.256914, "activity_lines": [ 16.909729, 16.487099, 16.676419, 17.193055 ] }, { "date": "2024-08-30", "close": 16.773602, "volume": 32443840, "typical_volume": 29000957.75, "trend": 17.663557, "fair_value": 15.397961, "relative_strength": -3.280039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.710053, "energy": 15.008665, "activity_lines": [ 16.950899, 16.579461, 16.650963, 17.130992 ] }, { "date": "2024-09-06", "close": 27.013071, "volume": 121133580, "typical_volume": 33067991.75, "trend": 17.951971, "fair_value": 15.478296, "relative_strength": 57.34586, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.089114, "energy": 60.058774, "activity_lines": [ 20.32687, 18.530647, 17.608629, 17.734187 ] }, { "date": "2024-09-13", "close": 17.640171, "volume": 92464392, "typical_volume": 36408217.5, "trend": 18.06374, "fair_value": 15.485947, "relative_strength": 4.478792, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.033652, "energy": 37.399765, "activity_lines": [ 19.915166, 18.579001, 17.627398, 17.71407 ] }, { "date": "2024-09-20", "close": 18.158121, "volume": 42854168, "typical_volume": 37946009.8, "trend": 18.053364, "fair_value": 15.509394, "relative_strength": 5.612429, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.189773, "energy": 34.782012, "activity_lines": [ 19.545297, 18.670819, 17.698125, 17.72016 ] }, { "date": "2024-09-27", "close": 19.632286, "volume": 70384005, "typical_volume": 39996766.55, "trend": 18.078613, "fair_value": 15.533995, "relative_strength": 0.648795, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.352158, "energy": 40.453256, "activity_lines": [ 19.634278, 18.986297, 17.910591, 17.822025 ] }, { "date": "2024-10-04", "close": 21.43515, "volume": 27314370, "typical_volume": 39468561.4, "trend": 18.142207, "fair_value": 15.580632, "relative_strength": 1.104854, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.55508, "energy": 21.341162, "activity_lines": [ 20.164845, 19.566003, 18.289032, 18.038576 ] }, { "date": "2024-10-11", "close": 19.084454, "volume": 64023494, "typical_volume": 41670021.1, "trend": 18.055266, "fair_value": 15.611889, "relative_strength": -7.023244, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 38.224456, "energy": 21.45938, "activity_lines": [ 19.601076, 19.612184, 18.429286, 18.099366 ] }, { "date": "2024-10-18", "close": 22.789785, "volume": 59923858, "typical_volume": 43927054.0, "trend": 18.11227, "fair_value": 15.674197, "relative_strength": 8.86071, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.197038, "energy": 40.632346, "activity_lines": [ 20.800992, 20.295297, 18.914745, 18.404819 ] }, { "date": "2024-10-25", "close": 23.506948, "volume": 101362998, "typical_volume": 48075876.2, "trend": 18.225479, "fair_value": 15.741976, "relative_strength": 10.211684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.209328, "energy": 54.896615, "activity_lines": [ 21.896655, 20.979498, 19.445311, 18.752863 ] }, { "date": "2024-11-01", "close": 22.381403, "volume": 71876192, "typical_volume": 50790002.5, "trend": 18.30776, "fair_value": 15.803662, "relative_strength": 5.202585, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.890799, "energy": 50.188868, "activity_lines": [ 22.260548, 21.352929, 19.835007, 19.020987 ] }, { "date": "2024-11-08", "close": 30.987337, "volume": 97025958, "typical_volume": 55007505.4, "trend": 18.726013, "fair_value": 15.915025, "relative_strength": 36.498466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.854319, "energy": 80.909892, "activity_lines": [ 25.309811, 23.197627, 21.019177, 19.839024 ] }, { "date": "2024-11-15", "close": 27.391571, "volume": 103086205, "typical_volume": 59211945.65, "trend": 19.062308, "fair_value": 16.005646, "relative_strength": 24.357451, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.171457, "energy": 72.974161, "activity_lines": [ 26.523673, 24.130117, 21.792449, 20.398093 ] }, { "date": "2024-11-22", "close": 25.240088, "volume": 69249968, "typical_volume": 62202514.05, "trend": 19.297225, "fair_value": 16.085159, "relative_strength": 16.423834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.535571, "energy": 63.784019, "activity_lines": [ 26.466566, 24.664547, 22.306984, 20.796659 ] }, { "date": "2024-11-29", "close": 24.373518, "volume": 71821904, "typical_volume": 65184014.25, "trend": 19.495017, "fair_value": 16.160987, "relative_strength": 10.974504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.519023, "energy": 50.400437, "activity_lines": [ 25.957249, 24.903239, 22.689517, 21.124162 ] }, { "date": "2024-12-06", "close": 25.449259, "volume": 39454189, "typical_volume": 66399408.7, "trend": 19.728997, "fair_value": 16.229863, "relative_strength": 13.850684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.78552, "energy": 39.350175, "activity_lines": [ 25.748741, 25.224513, 23.133284, 21.508306 ] }, { "date": "2024-12-13", "close": 27.371649, "volume": 43711474, "typical_volume": 65949872.1, "trend": 20.027056, "fair_value": 16.307631, "relative_strength": 23.017442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.490658, "energy": 41.39387, "activity_lines": [ 25.976505, 25.789549, 23.715788, 22.001381 ] }, { "date": "2024-12-20", "close": 27.391571, "volume": 91785041, "typical_volume": 67123404.15, "trend": 20.357747, "fair_value": 16.37542, "relative_strength": 23.975528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.4217, "energy": 40.558512, "activity_lines": [ 26.451957, 26.25027, 24.244125, 22.476511 ] }, { "date": "2024-12-27", "close": 26.1465, "volume": 53912339, "typical_volume": 68512201.1, "trend": 20.631995, "fair_value": 16.438659, "relative_strength": 17.338381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.645537, "energy": 37.433696, "activity_lines": [ 26.512384, 26.333577, 24.604698, 22.849979 ] }, { "date": "2025-01-03", "close": 26.246105, "volume": 46443666, "typical_volume": 67394031.85, "trend": 20.959034, "fair_value": 16.508275, "relative_strength": 24.899159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.602342, "energy": 35.779784, "activity_lines": [ 26.545586, 26.373963, 24.924906, 23.212179 ] }, { "date": "2025-01-10", "close": 20.39925, "volume": 39595849, "typical_volume": 66993374.5, "trend": 21.068932, "fair_value": 16.535297, "relative_strength": -1.025294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.600562, "energy": 11.089033, "activity_lines": [ 24.504997, 25.301481, 24.647433, 23.176064 ] }, { "date": "2025-01-17", "close": 21.654282, "volume": 24801332, "typical_volume": 66611249.1, "trend": 21.236934, "fair_value": 16.572173, "relative_strength": 2.817786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.097059, "energy": 15.357948, "activity_lines": [ 23.21942, 24.493226, 24.474452, 23.213829 ] }, { "date": "2025-01-24", "close": 22.630417, "volume": 25279140, "typical_volume": 61818527.1, "trend": 21.45507, "fair_value": 16.610565, "relative_strength": 7.083447, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.685205, "energy": 17.591561, "activity_lines": [ 22.640378, 24.032142, 24.371194, 23.303731 ] }, { "date": "2025-01-31", "close": 22.939196, "volume": 6368300, "typical_volume": 57513722.5, "trend": 21.72467, "fair_value": 16.655365, "relative_strength": 8.435366, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.104017, "energy": 18.868581, "activity_lines": [ 22.481673, 23.713766, 24.318213, 23.399481 ] }, { "date": "2025-02-07", "close": 23.865528, "volume": 18427032, "typical_volume": 56292365.7, "trend": 21.996261, "fair_value": 16.704294, "relative_strength": 10.838732, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.532291, "energy": 13.850346, "activity_lines": [ 22.845566, 23.605648, 24.328221, 23.537601 ] }, { "date": "2025-02-14", "close": 25.469181, "volume": 59637372, "typical_volume": 55755034.05, "trend": 22.307363, "fair_value": 16.755893, "relative_strength": 15.867341, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.587698, "energy": 14.578897, "activity_lines": [ 23.902715, 23.79834, 24.463779, 23.76166 ] }, { "date": "2025-02-21", "close": 24.901428, "volume": 48690062, "typical_volume": 56823818.65, "trend": 22.617469, "fair_value": 16.818574, "relative_strength": 11.798364, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.936655, "energy": 19.858935, "activity_lines": [ 24.432617, 23.887442, 24.517472, 23.929019 ] }, { "date": "2025-02-28", "close": 22.441168, "volume": 28139241, "typical_volume": 55029606.0, "trend": 22.796759, "fair_value": 16.873469, "relative_strength": 2.362978, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.992051, "energy": 13.582146, "activity_lines": [ 23.925956, 23.574137, 24.320347, 23.917645 ] }, { "date": "2025-03-07", "close": 23.098566, "volume": 15653085, "typical_volume": 52816067.35, "trend": 23.044113, "fair_value": 16.933889, "relative_strength": 3.615794, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.525772, "energy": 12.48548, "activity_lines": [ 23.651045, 23.470366, 24.169848, 23.937116 ] }, { "date": "2025-03-14", "close": 23.277857, "volume": 14728068, "typical_volume": 48484320.85, "trend": 23.23104, "fair_value": 16.995146, "relative_strength": 3.072622, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.805487, "energy": 8.793577, "activity_lines": [ 23.425273, 23.454611, 24.034954, 23.952197 ] }, { "date": "2025-03-21", "close": 22.32164, "volume": 13433900, "typical_volume": 45562206.25, "trend": 23.40037, "fair_value": 17.051147, "relative_strength": 0.528783, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.183706, "energy": 29.471937, "activity_lines": [ 22.919939, 23.318966, 23.810082, 23.893526 ] }, { "date": "2025-03-28", "close": 21.704086, "volume": 14801600, "typical_volume": 41450988.35, "trend": 23.56472, "fair_value": 17.103314, "relative_strength": -1.818941, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.48405, "energy": 39.064452, "activity_lines": [ 22.418591, 23.036086, 23.52668, 23.784088 ] }, { "date": "2025-04-04", "close": 21.086529, "volume": 8853927, "typical_volume": 36739374.45, "trend": 23.367168, "fair_value": 17.153643, "relative_strength": -4.297394, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.917796, "energy": 50.5512, "activity_lines": [ 21.924546, 22.640017, 23.228669, 23.624205 ] }, { "date": "2025-04-11", "close": 18.616308, "volume": 20085408, "typical_volume": 34281146.45, "trend": 23.399706, "fair_value": 17.189323, "relative_strength": -12.709657, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.12351, "energy": 78.362425, "activity_lines": [ 20.697403, 21.822888, 22.725423, 23.317698 ] }, { "date": "2025-04-18", "close": 19.084454, "volume": 10336700, "typical_volume": 31206886.25, "trend": 23.430584, "fair_value": 17.227317, "relative_strength": -11.612366, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.026895, "energy": 80.590291, "activity_lines": [ 19.925127, 21.169474, 22.298304, 23.039294 ] }, { "date": "2025-04-25", "close": 20.295443, "volume": 13266200, "typical_volume": 29897486.8, "trend": 23.452689, "fair_value": 17.275445, "relative_strength": -6.600066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.494824, "energy": 74.865601, "activity_lines": [ 19.836073, 20.823169, 22.011704, 22.837027 ] }, { "date": "2025-05-02", "close": 20.385334, "volume": 6789000, "typical_volume": 28051363.1, "trend": 23.417695, "fair_value": 17.327081, "relative_strength": -5.804105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.399523, "energy": 69.678492, "activity_lines": [ 19.912063, 20.587275, 21.758206, 22.639133 ] }, { "date": "2025-05-09", "close": 21.244295, "volume": 9531200, "typical_volume": 23938671.05, "trend": 23.48969, "fair_value": 17.387155, "relative_strength": -3.828771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.049628, "energy": 42.313007, "activity_lines": [ 20.36229, 20.589668, 21.619783, 22.498914 ] }, { "date": "2025-05-16", "close": 21.404102, "volume": 34299340, "typical_volume": 22958021.1, "trend": 23.4435, "fair_value": 17.450749, "relative_strength": -3.981276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.134971, "energy": 26.633138, "activity_lines": [ 20.855269, 20.642877, 21.525852, 22.36436 ] }, { "date": "2025-05-23", "close": 21.573896, "volume": 24032700, "typical_volume": 21837472.8, "trend": 23.379065, "fair_value": 17.526597, "relative_strength": -2.889847, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.541876, "energy": 20.240395, "activity_lines": [ 21.218992, 20.757766, 21.470674, 22.24374 ] }, { "date": "2025-05-30", "close": 21.603859, "volume": 11903000, "typical_volume": 20452830.35, "trend": 23.353147, "fair_value": 17.602701, "relative_strength": -2.911818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.930333, "energy": 21.400708, "activity_lines": [ 21.426741, 20.909084, 21.440599, 22.129211 ] }, { "date": "2025-06-06", "close": 21.803619, "volume": 8933620, "typical_volume": 19659444.75, "trend": 23.047023, "fair_value": 17.676466, "relative_strength": -3.404858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.444205, "energy": 19.539711, "activity_lines": [ 21.613848, 21.109773, 21.423812, 22.029241 ] }, { "date": "2025-06-13", "close": 21.304222, "volume": 10779643, "typical_volume": 18934469.9, "trend": 22.844112, "fair_value": 17.740169, "relative_strength": -5.565873, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.335869, "energy": 16.343932, "activity_lines": [ 21.539937, 21.217853, 21.358753, 21.916802 ] }, { "date": "2025-06-20", "close": 21.224319, "volume": 13307371, "typical_volume": 19281423.45, "trend": 22.710253, "fair_value": 17.806041, "relative_strength": -5.651817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.858993, "energy": 11.009923, "activity_lines": [ 21.435397, 21.307447, 21.292399, 21.8123 ] }, { "date": "2025-06-27", "close": 22.123232, "volume": 14526600, "typical_volume": 19086401.85, "trend": 22.635243, "fair_value": 17.869785, "relative_strength": -3.790844, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.133871, "energy": 8.05414, "activity_lines": [ 21.64248, 21.513061, 21.319822, 21.774427 ] }, { "date": "2025-07-04", "close": 22.053316, "volume": 10170644, "typical_volume": 16613065.45, "trend": 22.522045, "fair_value": 17.934898, "relative_strength": -5.77848, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.24318, "energy": 7.462423, "activity_lines": [ 21.789635, 21.650712, 21.348883, 21.736884 ] }, { "date": "2025-07-11", "close": 21.93346, "volume": 8860500, "typical_volume": 14621587.35, "trend": 22.340772, "fair_value": 18.000809, "relative_strength": -7.55407, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.891449, "energy": 9.996747, "activity_lines": [ 21.866875, 21.734611, 21.382795, 21.69891 ] }, { "date": "2025-07-18", "close": 22.482798, "volume": 13343800, "typical_volume": 13881815.3, "trend": 22.177146, "fair_value": 18.067359, "relative_strength": -6.144137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.389569, "energy": 19.335647, "activity_lines": [ 22.118571, 21.890241, 21.483158, 21.708073 ] }, { "date": "2025-07-25", "close": 22.772446, "volume": 12563700, "typical_volume": 13727346.05, "trend": 22.064678, "fair_value": 18.135014, "relative_strength": -6.749337, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.067436, "energy": 35.705911, "activity_lines": [ 22.388244, 22.076016, 21.610908, 21.74648 ] }, { "date": "2025-08-01", "close": 22.263063, "volume": 10015900, "typical_volume": 13491737.65, "trend": 21.93191, "fair_value": 18.198589, "relative_strength": -8.071227, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.838574, "energy": 30.838538, "activity_lines": [ 22.384915, 22.144297, 21.691699, 21.759279 ] }, { "date": "2025-08-08", "close": 22.66258, "volume": 11086100, "typical_volume": 13374347.65, "trend": 22.007354, "fair_value": 18.266542, "relative_strength": -8.552406, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.060654, "energy": 33.934685, "activity_lines": [ 22.505436, 22.272687, 21.815371, 21.806419 ] }, { "date": "2025-08-15", "close": 23.04212, "volume": 13709200, "typical_volume": 13319727.65, "trend": 22.053615, "fair_value": 18.334046, "relative_strength": -8.596159, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.487283, "energy": 42.458209, "activity_lines": [ 22.711853, 22.450836, 21.973567, 21.873178 ] }, { "date": "2025-08-22", "close": 24.510345, "volume": 35786727, "typical_volume": 14666367.65, "trend": 22.11628, "fair_value": 18.408769, "relative_strength": -6.147008, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.257394, "energy": 60.060454, "activity_lines": [ 23.333768, 22.873415, 22.265222, 22.031677 ] }, { "date": "2025-08-29", "close": 24.220694, "volume": 33425439, "typical_volume": 15333369.2, "trend": 22.158996, "fair_value": 18.481697, "relative_strength": -8.126891, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.944744, "energy": 71.896589, "activity_lines": [ 23.723962, 23.185038, 22.512987, 22.167445 ] }, { "date": "2025-09-05", "close": 23.241879, "volume": 20050784, "typical_volume": 15819073.4, "trend": 22.138208, "fair_value": 18.546033, "relative_strength": -9.858434, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.852238, "energy": 63.055382, "activity_lines": [ 23.691335, 23.264215, 22.640844, 22.237309 ] }, { "date": "2025-09-12", "close": 22.372931, "volume": 17937162, "typical_volume": 16052621.5, "trend": 22.035, "fair_value": 18.594084, "relative_strength": -14.349675, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.996263, "energy": 39.142444, "activity_lines": [ 23.303804, 23.165063, 22.666147, 22.252452 ] }, { "date": "2025-09-19", "close": 22.572689, "volume": 19085179, "typical_volume": 16667430.45, "trend": 21.957375, "fair_value": 18.653879, "relative_strength": -12.260901, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.222894, "energy": 22.08246, "activity_lines": [ 23.002169, 23.096419, 22.700581, 22.287142 ] }, { "date": "2025-09-26", "close": 21.513969, "volume": 16539414, "typical_volume": 17017841.15, "trend": 21.926468, "fair_value": 18.709394, "relative_strength": -16.374863, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.536761, "energy": 16.443356, "activity_lines": [ 22.378923, 22.823658, 22.623769, 22.258535 ] }, { "date": "2025-10-03", "close": 21.334187, "volume": 4307600, "typical_volume": 15518254.15, "trend": 21.867656, "fair_value": 18.767955, "relative_strength": -18.023187, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.128337, "energy": 19.733976, "activity_lines": [ 21.895508, 22.535824, 22.528551, 22.220323 ] }, { "date": "2025-10-10", "close": 21.064514, "volume": 4772028, "typical_volume": 14555220.55, "trend": 21.793878, "fair_value": 18.828233, "relative_strength": -19.233568, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.878468, "energy": 28.637738, "activity_lines": [ 21.514636, 22.225109, 22.407983, 22.168508 ] }, { "date": "2025-10-17", "close": 19.716145, "volume": 12888600, "typical_volume": 14604500.55, "trend": 21.707028, "fair_value": 18.883377, "relative_strength": -22.865325, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.237701, "energy": 53.97121, "activity_lines": [ 20.829465, 21.691028, 22.161424, 22.03446 ] }, { "date": "2025-10-24", "close": 20.635033, "volume": 10760798, "typical_volume": 14695859.45, "trend": 21.671393, "fair_value": 18.94604, "relative_strength": -21.096609, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.473952, "energy": 50.397728, "activity_lines": [ 20.627709, 21.377589, 22.011368, 21.965299 ] }, { "date": "2025-10-31", "close": 20.31542, "volume": 9679300, "typical_volume": 14640842.3, "trend": 21.645689, "fair_value": 19.003458, "relative_strength": -22.02086, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.697307, "energy": 55.004342, "activity_lines": [ 20.448592, 21.049804, 21.836437, 21.877817 ] }, { "date": "2025-11-07", "close": 20.884731, "volume": 10747428, "typical_volume": 14512845.15, "trend": 21.721303, "fair_value": 19.061268, "relative_strength": -19.815053, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.965824, "energy": 44.322009, "activity_lines": [ 20.539149, 20.901801, 21.720434, 21.828723 ] }, { "date": "2025-11-14", "close": 20.774862, "volume": 11724000, "typical_volume": 14372715.15, "trend": 21.77765, "fair_value": 19.109476, "relative_strength": -19.377557, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.504377, "energy": 35.777933, "activity_lines": [ 20.623047, 20.794476, 21.595585, 21.767662 ] }, { "date": "2025-11-21", "close": 18.707365, "volume": 11915600, "typical_volume": 14459962.95, "trend": 21.724714, "fair_value": 19.136349, "relative_strength": -23.809307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.086649, "energy": 55.967549, "activity_lines": [ 20.037089, 20.356098, 21.280252, 21.569579 ] }, { "date": "2025-11-28", "close": 19.576315, "volume": 7886259, "typical_volume": 14411250.9, "trend": 21.697747, "fair_value": 19.167601, "relative_strength": -20.826155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.770102, "energy": 56.093367, "activity_lines": [ 19.808034, 20.142356, 21.06361, 21.430973 ] }, { "date": "2025-12-05", "close": 19.186785, "volume": 7013131, "typical_volume": 14094717.45, "trend": 21.629163, "fair_value": 19.196606, "relative_strength": -22.080855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.269836, "energy": 69.311223, "activity_lines": [ 19.519716, 19.912271, 20.821094, 21.268976 ] }, { "date": "2025-12-12", "close": 18.15803, "volume": 7405592, "typical_volume": 13836812.05, "trend": 21.520961, "fair_value": 19.219643, "relative_strength": -25.228349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.549596, "energy": 82.002604, "activity_lines": [ 18.963722, 19.537452, 20.496296, 21.045031 ] }, { "date": "2025-12-19", "close": 18.227945, "volume": 8181464, "typical_volume": 13745090.25, "trend": 21.409429, "fair_value": 19.242315, "relative_strength": -24.156421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.326663, "energy": 81.30562, "activity_lines": [ 18.612813, 19.233093, 20.200131, 20.832579 ] }, { "date": "2025-12-26", "close": 18.307848, "volume": 7723792, "typical_volume": 13576974.85, "trend": 21.299562, "fair_value": 19.267566, "relative_strength": -24.509679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.151801, "energy": 83.598682, "activity_lines": [ 18.458333, 18.994835, 19.93079, 20.632477 ] }, { "date": "2026-01-02", "close": 18.427704, "volume": 4303300, "typical_volume": 13106679.85, "trend": 21.187032, "fair_value": 19.294149, "relative_strength": -23.262979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.088577, "energy": 78.979127, "activity_lines": [ 18.370439, 18.803976, 19.693601, 20.447196 ] }, { "date": "2026-01-09", "close": 19.216749, "volume": 11467197, "typical_volume": 11890703.35, "trend": 21.117449, "fair_value": 19.330364, "relative_strength": -22.484032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.512286, "energy": 51.085617, "activity_lines": [ 18.622135, 18.796712, 19.553532, 20.320081 ] }, { "date": "2026-01-16", "close": 19.586302, "volume": 17713992, "typical_volume": 11105131.0, "trend": 21.062849, "fair_value": 19.36945, "relative_strength": -20.150631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.480799, "energy": 36.232376, "activity_lines": [ 18.995017, 18.876615, 19.473866, 20.221297 ] }, { "date": "2026-01-23", "close": 19.855974, "volume": 10412692, "typical_volume": 10623226.4, "trend": 20.987273, "fair_value": 19.404938, "relative_strength": -19.1608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.924453, "energy": 23.814451, "activity_lines": [ 19.362572, 19.029157, 19.441952, 20.143434 ] }, { "date": "2026-01-30", "close": 19.116869, "volume": 13310205, "typical_volume": 10391878.55, "trend": 20.889392, "fair_value": 19.426289, "relative_strength": -21.209534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.911964, "energy": 23.538704, "activity_lines": [ 19.375223, 19.064024, 19.355771, 20.022763 ] }, { "date": "2026-02-06", "close": 19.626253, "volume": 9645334, "typical_volume": 9919886.3, "trend": 20.812485, "fair_value": 19.444829, "relative_strength": -17.422304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.558932, "energy": 21.48188, "activity_lines": [ 19.503734, 19.184061, 19.333607, 19.94127 ] }, { "date": "2026-02-13", "close": 19.466446, "volume": 7875782, "typical_volume": 9486704.7, "trend": 20.71194, "fair_value": 19.464599, "relative_strength": -17.655876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.045752, "energy": 17.766321, "activity_lines": [ 19.499073, 19.274134, 19.310255, 19.854429 ] }, { "date": "2026-02-27", "close": 19.766085, "volume": 6162500, "typical_volume": 9579449.7, "trend": 20.611728, "fair_value": 19.487606, "relative_strength": -17.291556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.735141, "energy": 12.213218, "activity_lines": [ 19.577645, 19.413601, 19.325189, 19.793406 ] }, { "date": "2026-03-06", "close": 18.277884, "volume": 16934064, "typical_volume": 10187551.5, "trend": 20.478888, "fair_value": 19.505585, "relative_strength": -22.195145, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.569813, "energy": 27.0459, "activity_lines": [ 19.148165, 19.25325, 19.205857, 19.642835 ] }, { "date": "2026-03-13", "close": 19.036966, "volume": 19752881, "typical_volume": 10530765.55, "trend": 20.358035, "fair_value": 19.525672, "relative_strength": -17.784273, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.989818, "energy": 23.133342, "activity_lines": [ 19.076918, 19.230005, 19.172088, 19.549808 ] }, { "date": "2026-03-20", "close": 18.587511, "volume": 26118430, "typical_volume": 11298647.15, "trend": 20.209548, "fair_value": 19.541187, "relative_strength": -16.317236, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.223474, "energy": 29.164764, "activity_lines": [ 18.861179, 19.111785, 19.098749, 19.435581 ] }, { "date": "2026-03-27", "close": 17.219166, "volume": 18976092, "typical_volume": 11763486.75, "trend": 19.966508, "fair_value": 19.548118, "relative_strength": -21.014853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.366573, "energy": 57.843793, "activity_lines": [ 18.258575, 18.741869, 18.90484, 19.242653 ] }, { "date": "2026-04-03", "close": 16.599916, "volume": 9688592, "typical_volume": 11710544.95, "trend": 19.712482, "fair_value": 19.555466, "relative_strength": -22.608169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.583346, "energy": 71.431559, "activity_lines": [ 17.599373, 18.295682, 18.6667, 19.025453 ] }, { "date": "2026-04-10", "close": 17.72855, "volume": 8135300, "typical_volume": 11531109.95, "trend": 19.528705, "fair_value": 19.560775, "relative_strength": -19.022264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.926466, "energy": 64.773385, "activity_lines": [ 17.52746, 18.108999, 18.556453, 18.897458 ] }, { "date": "2026-04-17", "close": 18.637449, "volume": 12588700, "typical_volume": 11564764.95, "trend": 19.404189, "fair_value": 19.579304, "relative_strength": -15.902476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.231892, "energy": 53.063718, "activity_lines": [ 17.795136, 18.12625, 18.547273, 18.839957 ] }, { "date": "2026-04-24", "close": 17.448887, "volume": 11147700, "typical_volume": 11727837.0, "trend": 19.233395, "fair_value": 19.598172, "relative_strength": -21.387451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.660003, "energy": 39.155138, "activity_lines": [ 17.693259, 17.936116, 18.42523, 18.713809 ] }, { "date": "2026-05-01", "close": 17.00942, "volume": 15517100, "typical_volume": 12153035.45, "trend": 19.083244, "fair_value": 19.617606, "relative_strength": -23.420944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.994743, "energy": 35.767388, "activity_lines": [ 17.520801, 17.705668, 18.271464, 18.570327 ] }, { "date": "2026-05-08", "close": 18.327826, "volume": 24796723, "typical_volume": 13022592.0, "trend": 18.983032, "fair_value": 19.647872, "relative_strength": -18.290567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.408936, "energy": 21.910321, "activity_lines": [ 17.801795, 17.759603, 18.253629, 18.52159 ] }, { "date": "2026-05-15", "close": 17.568743, "volume": 19173208, "typical_volume": 13572179.2, "trend": 18.866506, "fair_value": 19.671518, "relative_strength": -20.227935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.29733, "energy": 25.038571, "activity_lines": [ 17.714567, 17.701673, 18.162691, 18.430346 ] }, { "date": "2026-05-22", "close": 20.275467, "volume": 65621804, "typical_volume": 16467079.8, "trend": 18.88515, "fair_value": 19.714833, "relative_strength": -6.955203, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.942139, "energy": 8.436693, "activity_lines": [ 18.540234, 18.148768, 18.332676, 18.521246 ] }, { "date": "2026-05-29", "close": 16.180424, "volume": 39392610, "typical_volume": 18221545.3, "trend": 18.736663, "fair_value": 19.735658, "relative_strength": -24.26049, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.416792, "energy": 20.136633, "activity_lines": [ 17.891686, 17.828792, 18.103287, 18.346748 ] }, { "date": "2026-06-05", "close": 16.879999, "volume": 8658200, "typical_volume": 18081095.45, "trend": 18.622149, "fair_value": 19.754012, "relative_strength": -19.517792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.096993, "energy": 24.623658, "activity_lines": [ 17.560894, 17.679777, 17.951225, 18.226963 ] }, { "date": "2026-06-12", "close": 17.02, "volume": 7357861, "typical_volume": 17563288.9, "trend": 18.493325, "fair_value": 19.772887, "relative_strength": -18.256479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.085254, "energy": 25.706947, "activity_lines": [ 17.285396, 17.562382, 17.823625, 18.123599 ] }, { "date": "2026-06-19", "close": 17.450001, "volume": 29086719, "typical_volume": 18496990.25, "trend": 18.382496, "fair_value": 19.782914, "relative_strength": -16.76639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.762898, "energy": 40.024743, "activity_lines": [ 17.240421, 17.515532, 17.749197, 18.056287 ] }, { "date": "2026-06-26", "close": 16.35, "volume": 5174976, "typical_volume": 18090228.8, "trend": 18.303917, "fair_value": 19.78488, "relative_strength": -20.112486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.890736, "energy": 46.770119, "activity_lines": [ 16.836695, 17.273747, 17.581464, 17.925159 ] }, { "date": "2026-07-03", "close": 16.08, "volume": 3656246, "typical_volume": 17790774.4, "trend": 18.187373, "fair_value": 19.791677, "relative_strength": -21.007387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.955933, "energy": 48.553124, "activity_lines": [ 16.604667, 17.02446, 17.401193, 17.78168 ] }, { "date": "2026-07-10", "close": 14.74, "volume": 17487215, "typical_volume": 18271346.05, "trend": 18.039147, "fair_value": 19.791399, "relative_strength": -25.976835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.269416, "energy": 59.545978, "activity_lines": [ 15.932667, 16.556426, 17.110189, 17.559269 ] }, { "date": "2026-07-17", "close": 12.69, "volume": 17452625, "typical_volume": 18835852.3, "trend": 17.856879, "fair_value": 19.774951, "relative_strength": -31.584128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.678251, "energy": 76.983108, "activity_lines": [ 14.72, 15.756926, 16.646455, 17.214163 ] }, { "date": "2026-07-24", "close": 12.04, "volume": 17078032, "typical_volume": 18843050.7, "trend": 17.650615, "fair_value": 19.750235, "relative_strength": -35.128893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.65754, "energy": 83.319058, "activity_lines": [ 13.579333, 14.941751, 16.154511, 16.83888 ] }, { "date": "2026-07-31", "close": 12.6, "volume": 15075548, "typical_volume": 18609184.05, "trend": 17.460353, "fair_value": 19.727658, "relative_strength": -31.607522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.145777, "energy": 82.59353, "activity_lines": [ 12.986, 14.328917, 15.745604, 16.513034 ] }, { "date": "2026-08-07", "close": 13.63, "volume": 15823800, "typical_volume": 18094452.55, "trend": 17.30043, "fair_value": 19.720769, "relative_strength": -27.226953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.94417, "energy": 78.897655, "activity_lines": [ 12.986, 14.042909, 15.465446, 16.265914 ] } ], "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." } } }