{ "ticker": { "uuid": "48f76280-0007-4f68-bcf4-56a75cac91c0", "symbol": "301500", "name": "Guangdong Feinan Resources Recycling Co., Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -20.392, "architecture_energy": 39.616, "architecture_maturity": 5.0, "architecture_confidence": 55.999, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 42.86, "rotation_up": 16.91, "upward_expansion": 22.08, "deceleration": 53.59, "rotation_down": 63.5, "downward_expansion": 44.75 }, "activity_lines": [ 22.308666, 23.873715, 25.151222, 24.684277 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 24.309999, "trend_reference": 23.431274, "distance_from_trend": 0.037502, "trend_direction": "Improving", "fair_value": 19.992833, "distance_from_fair_value": 0.215936, "fair_value_direction": "Weakening", "relative_strength": 16.701343, "relative_strength_direction": "Weakening", "price_momentum": 0.175532, "excess_performance": 0.168132, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.037502, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.15444, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.215936, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.366141, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.167013, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.158744, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.175532, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.591027, "read": "Supply-led" } ], "volume": { "latest": 64810037, "relative_activity": 0.967131, "balance": 0.591027, "dry_up": 0.930757, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.135205, "annualized_volatility": 0.727439, "from_high_reference": -0.266888, "from_low_reference": 0.675396 }, "levels": { "trend_reference": 23.431274, "fair_value_reference": 19.992833, "structural_low": 18.4, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.017901, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.022541, "regime_survival": 0.0, "best_return": 0.017901, "worst_return": 0.017901, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.112346, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.13628, "regime_survival": 0.0, "best_return": 0.112346, "worst_return": 0.112346, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.004321, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.315801, "regime_survival": 0.0, "best_return": 0.004321, "worst_return": 0.004321, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.261111, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.020373, "regime_survival": 0.0, "best_return": 0.261111, "worst_return": 0.261111, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-06-13", "tenure": "Developing", "return": 0.121495, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.103293, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.033951, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": 0.068526, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-11-14", "tenure": "New", "return": -0.057391, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-01-23", "tenure": "Developing", "return": 0.159137, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": -0.062379, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": 0.034914, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-17", "tenure": "New", "return": -0.027508, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": 0.113573, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": 0.044356, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": -0.197413, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-09-22", "close": 30.531563, "volume": 49923281, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 25.152996, "volume": 54957857, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 23.930143, "volume": 28598731, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 22.468685, "volume": 25027338, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 23.423107, "volume": 32081541, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 22.776884, "volume": 24536223, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 22.975723, "volume": 13938805, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 23.07514, "volume": 16827818, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 22.458744, "volume": 20872737, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 22.369267, "volume": 9698963, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 21.603741, "volume": 11036866, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 21.424786, "volume": 5094031, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 20.818331, "volume": 7814663, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 21.544088, "volume": 15791259, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 21.494381, "volume": 22555957, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 21.97159, "volume": 19938467, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 18.939312, "volume": 9932414, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 18.591347, "volume": 8980205, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 16.046221, "volume": 8630988, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 15.360229, "volume": 12163689, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 16.593025, "volume": 15386840, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 17.189539, "volume": 24292974, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 18.034599, "volume": 25715616, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 19.893734, "volume": 30998894, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 18.969137, "volume": 49253617, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 19.575594, "volume": 22327313, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 28.31452, "volume": 71039009, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 26.843121, "volume": 104533567, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 23.562294, "volume": 83003678, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 23.07514, "volume": 55100550, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 20.828274, "volume": 19451688, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 23.055258, "volume": 43928154, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 21.921881, "volume": 37530620, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 20.858097, "volume": 60360342, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 19.853966, "volume": 33759868, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 18.263264, "volume": 20352087, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 18.332857, "volume": 11022245, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 17.945122, "volume": 14378933, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 17.34861, "volume": 13610255, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 17.40826, "volume": 11074969, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 17.77611, "volume": 19686515, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 16.433954, "volume": 22160945, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 16.642735, "volume": 11643183, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 17.358549, "volume": 11542615, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 16.324594, "volume": 13684676, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 17.050352, "volume": 14138012, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 15.549126, "volume": 17226018, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 16.960875, "volume": 19165212, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 16.453838, "volume": 10089825, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 16.225174, "volume": 8606512, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 16.066105, "volume": 5374745, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 18.839893, "volume": 18122791, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 21.544088, "volume": 8239204, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 19.585537, "volume": 23113667, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 20.689085, "volume": 21627831, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 20.947575, "volume": 24602075, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 20.132339, "volume": 19595710, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 21.086761, "volume": 22452021, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 20.29141, "volume": 18788414, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 19.446348, "volume": 13227564, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 19.506001, "volume": 8673381, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 19.684954, "volume": 13674326, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 19.466232, "volume": 13412342, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 18.780241, "volume": 7264642, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 18.790184, "volume": 7400761, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 17.249189, "volume": 7295685, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 17.119946, "volume": 8091590, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 18.094252, "volume": 13569395, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 17.845705, "volume": 7143426, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 17.696575, "volume": 1542086, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 18.134018, "volume": 6932958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 18.541636, "volume": 25054161, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 19.426466, "volume": 27270921, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 18.581404, "volume": 20555578, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 20.818331, "volume": 27836211, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 21.752869, "volume": 44217768, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 20.440538, "volume": 42824292, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 21.037052, "volume": 44050028, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 20.390829, "volume": 16399015, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 19.148092, "volume": 28119483, "typical_volume": 18566402.45, "trend": 19.371122, "fair_value": 19.909144, "relative_strength": -0.466925, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 44.027078, "energy": 23.311503, "activity_lines": [ 20.203258, 20.160177, 19.445402, 19.400295 ] }, { "date": "2025-04-18", "close": 18.233438, "volume": 23431566, "typical_volume": 19304311.7, "trend": 19.443366, "fair_value": 19.888456, "relative_strength": -4.073169, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -10.315269, "energy": 8.141016, "activity_lines": [ 19.429779, 19.870416, 19.36047, 19.326897 ] }, { "date": "2025-04-25", "close": 19.138149, "volume": 19666528, "typical_volume": 19603921.8, "trend": 19.453308, "fair_value": 19.879306, "relative_strength": -0.186035, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -5.279747, "energy": 10.400024, "activity_lines": [ 19.192499, 19.74334, 19.367761, 19.307205 ] }, { "date": "2025-05-02", "close": 18.740475, "volume": 6410640, "typical_volume": 19253836.7, "trend": 19.359854, "fair_value": 19.865585, "relative_strength": -1.816912, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -10.793078, "energy": 15.280201, "activity_lines": [ 18.909487, 19.533115, 19.339781, 19.261216 ] }, { "date": "2025-05-09", "close": 19.486116, "volume": 9465100, "typical_volume": 19363859.6, "trend": 19.35654, "fair_value": 19.861068, "relative_strength": 0.246002, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -7.641894, "energy": 11.013045, "activity_lines": [ 19.028126, 19.470932, 19.386271, 19.269362 ] }, { "date": "2025-05-16", "close": 19.356871, "volume": 9385650, "typical_volume": 19463104.05, "trend": 19.312133, "fair_value": 19.855136, "relative_strength": -0.580256, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -14.896694, "energy": 8.863298, "activity_lines": [ 19.163999, 19.368802, 19.417091, 19.269383 ] }, { "date": "2025-05-23", "close": 19.277336, "volume": 11236412, "typical_volume": 19660140.4, "trend": 19.256459, "fair_value": 19.848418, "relative_strength": -0.215997, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 13.94924, "energy": 7.002837, "activity_lines": [ 19.259441, 19.278782, 19.437638, 19.267138 ] }, { "date": "2025-05-30", "close": 20.072689, "volume": 13715887, "typical_volume": 19941355.25, "trend": 19.25447, "fair_value": 19.850995, "relative_strength": 4.978813, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 34.814711, "energy": 15.8912, "activity_lines": [ 19.550407, 19.378382, 19.524274, 19.319798 ] }, { "date": "2025-06-06", "close": 20.679144, "volume": 16887658, "typical_volume": 20107268.4, "trend": 19.240883, "fair_value": 19.860406, "relative_strength": 6.569339, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 44.494527, "energy": 30.055726, "activity_lines": [ 19.981223, 19.594935, 19.654608, 19.411713 ] }, { "date": "2025-06-13", "close": 21.474497, "volume": 38507821, "typical_volume": 21675488.15, "trend": 19.280319, "fair_value": 19.878542, "relative_strength": 11.184342, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 65.813922, "energy": 56.027666, "activity_lines": [ 20.547911, 19.962605, 19.84838, 19.555817 ] }, { "date": "2025-06-20", "close": 19.923561, "volume": 18550970, "typical_volume": 22525932.35, "trend": 19.296226, "fair_value": 19.879042, "relative_strength": 4.349167, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.007837, "energy": 49.194649, "activity_lines": [ 20.465063, 20.028583, 19.877165, 19.597316 ] }, { "date": "2025-06-27", "close": 21.275658, "volume": 15824066, "typical_volume": 22970487.75, "trend": 19.355215, "fair_value": 19.89439, "relative_strength": 7.32373, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.895636, "energy": 59.20191, "activity_lines": [ 20.795133, 20.326297, 20.024115, 19.725021 ] }, { "date": "2025-07-04", "close": 21.981533, "volume": 41859062, "typical_volume": 23810732.8, "trend": 19.431768, "fair_value": 19.917076, "relative_strength": 9.411669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.882418, "energy": 59.486289, "activity_lines": [ 21.227275, 20.69704, 20.223332, 19.894461 ] }, { "date": "2025-07-11", "close": 16.200001, "volume": 32007481, "typical_volume": 24047560.8, "trend": 19.322893, "fair_value": 19.877108, "relative_strength": -20.38292, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 2.8471, "energy": 5.803903, "activity_lines": [ 19.604982, 19.964897, 19.855546, 19.68596 ] }, { "date": "2025-07-18", "close": 16.639999, "volume": 33121701, "typical_volume": 24675866.95, "trend": 19.251552, "fair_value": 19.84267, "relative_strength": -19.590991, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.518044, "energy": 30.000342, "activity_lines": [ 18.427965, 19.358944, 19.545029, 19.51287 ] }, { "date": "2025-07-25", "close": 16.33, "volume": 26288890, "typical_volume": 24598500.9, "trend": 19.169546, "fair_value": 19.805695, "relative_strength": -22.513581, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.117851, "energy": 57.512915, "activity_lines": [ 17.469915, 18.748375, 19.214233, 19.324383 ] }, { "date": "2025-08-01", "close": 15.65, "volume": 22371530, "typical_volume": 23506189.0, "trend": 19.116239, "fair_value": 19.762406, "relative_strength": -24.077044, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.997492, "energy": 79.508176, "activity_lines": [ 16.524769, 18.069204, 18.840048, 19.097316 ] }, { "date": "2025-08-08", "close": 16.49, "volume": 23170108, "typical_volume": 22523479.8, "trend": 19.095241, "fair_value": 19.72867, "relative_strength": -20.612282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.609726, "energy": 76.897487, "activity_lines": [ 16.234667, 17.608711, 18.574924, 18.927881 ] }, { "date": "2025-08-15", "close": 16.459999, "volume": 26535928, "typical_volume": 21647774.8, "trend": 19.040766, "fair_value": 19.695316, "relative_strength": -23.710022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.835155, "energy": 72.505325, "activity_lines": [ 16.300666, 17.207904, 18.325755, 18.757865 ] }, { "date": "2025-08-22", "close": 16.48, "volume": 26560277, "typical_volume": 22155837.9, "trend": 18.995243, "fair_value": 19.662838, "relative_strength": -26.537735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.001634, "energy": 56.772925, "activity_lines": [ 16.356, 16.887445, 18.100287, 18.592654 ] }, { "date": "2025-08-29", "close": 16.120001, "volume": 50471946, "typical_volume": 23273461.05, "trend": 18.94269, "fair_value": 19.62741, "relative_strength": -30.591138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.136638, "energy": 43.883889, "activity_lines": [ 16.302, 16.59234, 17.859156, 18.407155 ] }, { "date": "2025-09-05", "close": 16.25, "volume": 61371970, "typical_volume": 25170481.25, "trend": 18.879889, "fair_value": 19.59397, "relative_strength": -28.896686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.92461, "energy": 39.448148, "activity_lines": [ 16.305333, 16.390028, 17.644825, 18.233433 ] }, { "date": "2025-09-12", "close": 18.290001, "volume": 105793020, "typical_volume": 29476805.85, "trend": 18.871502, "fair_value": 19.581186, "relative_strength": -21.522928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.026244, "energy": 24.637807, "activity_lines": [ 16.948667, 16.65, 17.634225, 18.195376 ] }, { "date": "2025-09-19", "close": 16.27, "volume": 58115681, "typical_volume": 32062057.9, "trend": 18.766286, "fair_value": 19.549039, "relative_strength": -30.421175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.776817, "energy": 25.538901, "activity_lines": [ 16.798667, 16.609818, 17.435283, 18.027537 ] }, { "date": "2025-09-26", "close": 16.26, "volume": 55196925, "typical_volume": 34348649.15, "trend": 18.688906, "fair_value": 19.517413, "relative_strength": -30.63259, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.605484, "energy": 23.931728, "activity_lines": [ 16.658, 16.566546, 17.247152, 17.865841 ] }, { "date": "2025-10-03", "close": 17.91, "volume": 38473133, "typical_volume": 35803023.3, "trend": 18.591962, "fair_value": 19.502105, "relative_strength": -24.798613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.855048, "energy": 17.555858, "activity_lines": [ 17.082, 16.830182, 17.231527, 17.815589 ] }, { "date": "2025-10-10", "close": 18.02, "volume": 41588665, "typical_volume": 37320635.95, "trend": 18.467533, "fair_value": 19.488123, "relative_strength": -22.864091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.852385, "energy": 13.736456, "activity_lines": [ 17.423333, 17.085091, 17.233268, 17.778688 ] }, { "date": "2025-10-17", "close": 17.620001, "volume": 63633411, "typical_volume": 39816512.15, "trend": 18.373515, "fair_value": 19.470664, "relative_strength": -20.079765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.910624, "energy": 12.507068, "activity_lines": [ 17.513334, 17.224182, 17.202901, 17.724009 ] }, { "date": "2025-10-24", "close": 17.25, "volume": 40527811, "typical_volume": 40998519.8, "trend": 18.24728, "fair_value": 19.450102, "relative_strength": -24.730125, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.13096, "energy": 14.101701, "activity_lines": [ 17.524667, 17.275455, 17.148975, 17.651524 ] }, { "date": "2025-10-31", "close": 16.459999, "volume": 46439610, "typical_volume": 41395109.25, "trend": 18.116252, "fair_value": 19.42267, "relative_strength": -28.097853, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.636704, "energy": 12.483535, "activity_lines": [ 17.207333, 17.168727, 17.03614, 17.536216 ] }, { "date": "2025-11-07", "close": 16.120001, "volume": 23455031, "typical_volume": 41640312.3, "trend": 18.015316, "fair_value": 19.392645, "relative_strength": -29.172346, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.980015, "energy": 25.403013, "activity_lines": [ 16.763334, 17.000546, 16.914804, 17.407425 ] }, { "date": "2025-11-14", "close": 16.26, "volume": 29535702, "typical_volume": 42325894.1, "trend": 17.949534, "fair_value": 19.364423, "relative_strength": -26.997204, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.411354, "energy": 36.917356, "activity_lines": [ 16.485333, 16.857818, 16.824912, 17.294179 ] }, { "date": "2025-11-21", "close": 14.83, "volume": 21101454, "typical_volume": 41288013.7, "trend": 17.805929, "fair_value": 19.323938, "relative_strength": -29.268323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.891482, "energy": 61.274397, "activity_lines": [ 15.848, 16.454909, 16.622714, 17.092919 ] }, { "date": "2025-11-28", "close": 15.1, "volume": 12363123, "typical_volume": 40305795.8, "trend": 17.68458, "fair_value": 19.286558, "relative_strength": -29.910232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.710633, "energy": 65.597493, "activity_lines": [ 15.486667, 16.164, 16.480286, 16.918343 ] }, { "date": "2025-12-05", "close": 15.29, "volume": 18402076, "typical_volume": 39569814.55, "trend": 17.54471, "fair_value": 19.2515, "relative_strength": -29.370163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.258983, "energy": 64.258827, "activity_lines": [ 15.332, 15.928909, 16.361191, 16.763854 ] }, { "date": "2025-12-12", "close": 15.0, "volume": 14646617, "typical_volume": 38987700.9, "trend": 17.399481, "fair_value": 19.21453, "relative_strength": -30.733325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.184332, "energy": 70.580368, "activity_lines": [ 15.158667, 15.658727, 16.220905, 16.599679 ] }, { "date": "2025-12-19", "close": 15.05, "volume": 14206711, "typical_volume": 38579459.95, "trend": 17.258569, "fair_value": 19.178629, "relative_strength": -29.363219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.29794, "energy": 65.791502, "activity_lines": [ 15.076667, 15.450545, 16.091714, 16.448099 ] }, { "date": "2025-12-26", "close": 15.59, "volume": 22529812, "typical_volume": 38547445.15, "trend": 17.109147, "fair_value": 19.147957, "relative_strength": -28.80199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.597383, "energy": 50.453499, "activity_lines": [ 15.255333, 15.394545, 16.01681, 16.34045 ] }, { "date": "2026-01-02", "close": 15.69, "volume": 16854414, "typical_volume": 38063369.45, "trend": 16.942842, "fair_value": 19.118653, "relative_strength": -27.422106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.117713, "energy": 35.89474, "activity_lines": [ 15.416667, 15.393636, 15.955714, 16.248892 ] }, { "date": "2026-01-09", "close": 16.27, "volume": 44901735, "typical_volume": 38980442.35, "trend": 16.769358, "fair_value": 19.094714, "relative_strength": -27.391105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.590223, "energy": 20.987364, "activity_lines": [ 15.732, 15.526545, 15.953524, 16.205483 ] }, { "date": "2026-01-16", "close": 16.35, "volume": 42709696, "typical_volume": 38592329.85, "trend": 16.65024, "fair_value": 19.071842, "relative_strength": -27.296129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.596524, "energy": 20.12242, "activity_lines": [ 16.008667, 15.677455, 15.959952, 16.178427 ] }, { "date": "2026-01-23", "close": 17.190001, "volume": 55303485, "typical_volume": 38288905.6, "trend": 16.514051, "fair_value": 19.056289, "relative_strength": -23.895362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.983355, "energy": 19.441382, "activity_lines": [ 16.475334, 15.976909, 16.045286, 16.213251 ] }, { "date": "2026-01-30", "close": 20.68, "volume": 207505054, "typical_volume": 43374507.3, "trend": 16.470667, "fair_value": 19.069598, "relative_strength": -6.608384, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 61.991579, "energy": 59.181887, "activity_lines": [ 17.962667, 16.894, 16.458524, 16.482022 ] }, { "date": "2026-02-06", "close": 19.389999, "volume": 132545975, "typical_volume": 47096022.0, "trend": 16.577, "fair_value": 19.072203, "relative_strength": -10.19544, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.450528, "energy": 76.907632, "activity_lines": [ 18.680667, 17.470182, 16.737524, 16.670366 ] }, { "date": "2026-02-13", "close": 19.190001, "volume": 84693266, "typical_volume": 48570839.05, "trend": 16.662, "fair_value": 19.073153, "relative_strength": -11.944254, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.290971, "energy": 77.485548, "activity_lines": [ 19.085334, 17.932, 16.982619, 16.838946 ] }, { "date": "2026-02-27", "close": 21.59, "volume": 97237680, "typical_volume": 51509066.4, "trend": 16.837333, "fair_value": 19.093288, "relative_strength": -3.296095, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.037795, "energy": 89.238629, "activity_lines": [ 20.095333, 18.759273, 17.442333, 17.156882 ] }, { "date": "2026-03-06", "close": 24.690001, "volume": 199900713, "typical_volume": 59424668.8, "trend": 17.138667, "fair_value": 19.137706, "relative_strength": 13.11803, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.561227, "energy": 91.619569, "activity_lines": [ 21.789334, 20.030364, 18.179762, 17.663506 ] }, { "date": "2026-03-13", "close": 23.450001, "volume": 110820551, "typical_volume": 61784025.8, "trend": 17.370667, "fair_value": 19.171661, "relative_strength": 6.994423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.767658, "energy": 86.278196, "activity_lines": [ 22.570001, 20.900728, 18.767334, 18.070688 ] }, { "date": "2026-03-20", "close": 20.0, "volume": 83537379, "typical_volume": 63934504.2, "trend": 17.488667, "fair_value": 19.178133, "relative_strength": -5.379257, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.209341, "energy": 60.667575, "activity_lines": [ 22.016001, 21.000909, 18.998572, 18.240323 ] }, { "date": "2026-03-27", "close": 19.559999, "volume": 64456071, "typical_volume": 64835327.25, "trend": 17.591334, "fair_value": 19.181093, "relative_strength": -6.167885, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.49005, "energy": 46.947794, "activity_lines": [ 21.274667, 20.942727, 19.17481, 18.373957 ] }, { "date": "2026-04-03", "close": 19.860001, "volume": 47774253, "typical_volume": 66051288.35, "trend": 17.716, "fair_value": 19.186315, "relative_strength": -1.199478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.282002, "energy": 27.947146, "activity_lines": [ 20.608667, 20.879273, 19.364857, 18.520323 ] }, { "date": "2026-04-10", "close": 24.719999, "volume": 105991104, "typical_volume": 69874058.45, "trend": 17.998333, "fair_value": 19.228557, "relative_strength": 15.109693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.011134, "energy": 37.587712, "activity_lines": [ 21.678, 21.635636, 19.999952, 18.972194 ] }, { "date": "2026-04-17", "close": 24.040001, "volume": 90758919, "typical_volume": 73356931.7, "trend": 18.19, "fair_value": 19.265008, "relative_strength": 8.071739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.051355, "energy": 41.450848, "activity_lines": [ 22.518667, 22.131455, 20.53, 19.361979 ] }, { "date": "2026-04-24", "close": 25.27, "volume": 72790090, "typical_volume": 76378280.05, "trend": 18.49, "fair_value": 19.310158, "relative_strength": 13.435932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.332318, "energy": 52.490001, "activity_lines": [ 23.73, 22.789818, 21.133334, 19.818753 ] }, { "date": "2026-05-01", "close": 29.139999, "volume": 172185354, "typical_volume": 84067443.95, "trend": 18.919333, "fair_value": 19.383515, "relative_strength": 29.361703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.684718, "energy": 76.489412, "activity_lines": [ 25.88, 24.044909, 22.05681, 20.50585 ] }, { "date": "2026-05-08", "close": 30.799999, "volume": 85779827, "typical_volume": 87624104.45, "trend": 19.349, "fair_value": 19.468081, "relative_strength": 32.575778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.943119, "energy": 88.149885, "activity_lines": [ 27.944666, 25.420909, 23.072429, 21.272344 ] }, { "date": "2026-05-15", "close": 29.040001, "volume": 105129295, "typical_volume": 92170233.65, "trend": 19.716333, "fair_value": 19.538463, "relative_strength": 25.113109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.145622, "energy": 83.187366, "activity_lines": [ 28.693333, 26.309454, 23.845191, 21.89757 ] }, { "date": "2026-05-22", "close": 27.09, "volume": 61622411, "typical_volume": 94124863.6, "trend": 20.032, "fair_value": 19.593584, "relative_strength": 16.690842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.531647, "energy": 75.205685, "activity_lines": [ 28.504, 26.764364, 24.365619, 22.37329 ] }, { "date": "2026-05-29", "close": 25.190001, "volume": 45964947, "typical_volume": 95580390.25, "trend": 20.296667, "fair_value": 19.634138, "relative_strength": 9.062912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.027288, "energy": 49.389604, "activity_lines": [ 27.478, 26.807636, 24.650333, 22.706065 ] }, { "date": "2026-06-05", "close": 25.625341, "volume": 9356140, "typical_volume": 93803110.5, "trend": 20.602178, "fair_value": 19.67724, "relative_strength": 13.313345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.278617, "energy": 35.082871, "activity_lines": [ 26.602447, 26.835698, 24.931271, 23.04985 ] }, { "date": "2026-06-12", "close": 28.139978, "volume": 32691643, "typical_volume": 93302207.85, "trend": 21.002844, "fair_value": 19.737688, "relative_strength": 27.603457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.543755, "energy": 32.321652, "activity_lines": [ 26.799417, 27.210688, 25.407148, 23.53616 ] }, { "date": "2026-06-19", "close": 27.670977, "volume": 82681644, "typical_volume": 94671115.8, "trend": 21.38321, "fair_value": 19.793952, "relative_strength": 17.730204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.276932, "energy": 30.756724, "activity_lines": [ 27.017388, 27.34986, 25.782216, 23.966362 ] }, { "date": "2026-06-26", "close": 26.453573, "volume": 15357620, "typical_volume": 85063744.1, "trend": 21.770662, "fair_value": 19.840851, "relative_strength": 14.797204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.144057, "energy": 29.647133, "activity_lines": [ 26.920826, 27.214032, 25.991431, 24.293482 ] }, { "date": "2026-07-03", "close": 28.898357, "volume": 22539027, "typical_volume": 79563396.7, "trend": 22.230608, "fair_value": 19.90419, "relative_strength": 27.222068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.247268, "energy": 40.808159, "activity_lines": [ 27.68162, 27.478826, 26.405989, 24.753333 ] }, { "date": "2026-07-10", "close": 26.290001, "volume": 75684934, "typical_volume": 79112980.1, "trend": 22.597274, "fair_value": 19.948536, "relative_strength": 20.524399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.310426, "energy": 31.947086, "activity_lines": [ 27.325739, 27.203404, 26.526855, 25.01523 ] }, { "date": "2026-07-17", "close": 20.43, "volume": 53851995, "typical_volume": 76943695.85, "trend": 22.778274, "fair_value": 19.951857, "relative_strength": 2.847388, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -5.588053, "energy": 10.165911, "activity_lines": [ 24.972213, 25.914345, 26.055816, 24.875406 ] }, { "date": "2026-07-24", "close": 20.51, "volume": 79615370, "typical_volume": 70929428.7, "trend": 22.960274, "fair_value": 19.95568, "relative_strength": 2.790618, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -9.209745, "energy": 21.003824, "activity_lines": [ 23.159353, 24.828378, 25.597919, 24.729065 ] }, { "date": "2026-07-31", "close": 21.1, "volume": 51212673, "typical_volume": 67949034.8, "trend": 23.143941, "fair_value": 19.963464, "relative_strength": 7.141556, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -27.929996, "energy": 42.530326, "activity_lines": [ 22.020557, 24.004773, 25.216118, 24.609048 ] }, { "date": "2026-08-07", "close": 24.309999, "volume": 64810037, "typical_volume": 67012667.7, "trend": 23.431274, "fair_value": 19.992833, "relative_strength": 16.701343, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.391762, "energy": 39.61625, "activity_lines": [ 22.308666, 23.873715, 25.151222, 24.684277 ] } ], "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." } } }