{ "ticker": { "uuid": "4d17466f-b463-4c44-bd65-acd2adc02b88", "symbol": "300668", "name": "Shenzhen Jiang&Associates Creative Design 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": -27.1, "architecture_energy": 53.798, "architecture_maturity": 10.643, "architecture_confidence": 65.738, "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": 33.45, "rotation_up": 14.04, "upward_expansion": 24.53, "deceleration": 53.0, "rotation_down": 70.41, "downward_expansion": 51.86 }, "activity_lines": [ 39.808666, 46.815273, 51.798, 49.347183 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 39.599998, "trend_reference": 44.396667, "distance_from_trend": -0.108041, "trend_direction": "Improving", "fair_value": 24.043036, "distance_from_fair_value": 0.647047, "fair_value_direction": "Weakening", "relative_strength": 16.791041, "relative_strength_direction": "Weakening", "price_momentum": 0.534289, "excess_performance": 0.526889, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.108041, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.294615, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.647047, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.411143, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.16791, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -1.047895, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.534289, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.751323, "read": "Supply-led" } ], "volume": { "latest": 23821275, "relative_activity": 0.908982, "balance": 0.751323, "dry_up": 0.940593, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.236791, "annualized_volatility": 0.885055, "from_high_reference": -0.431525, "from_low_reference": 1.38698 }, "levels": { "trend_reference": 44.396667, "fair_value_reference": 24.043036, "structural_low": 24.1, "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": 4, "median_return": -0.034263, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.002049, "regime_survival": 0.25, "best_return": 0.149057, "worst_return": -0.134891, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.06543, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.034882, "regime_survival": 0.0, "best_return": 0.137743, "worst_return": -0.043267, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.182646, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.152128, "regime_survival": 0.0, "best_return": 0.188965, "worst_return": 0.024338, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.438075, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.119305, "regime_survival": 0.0, "best_return": 0.585504, "worst_return": -0.156137, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-01-31", "tenure": "Established", "return": -0.067085, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": -0.028307, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.035695, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-07-11", "tenure": "Established", "return": 0.107412, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": 0.026126, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-09-12", "tenure": "Developing", "return": 0.017012, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-11-07", "tenure": "Developing", "return": 0.100565, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-02-13", "tenure": "Established", "return": 0.316898, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": 0.076345, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-06-05", "tenure": "Developing", "return": 0.472385, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.209707, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.315989, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": 0.047421, "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": "2023-07-28", "close": 21.487434, "volume": 12833388, "typical_volume": 8403683.65, "trend": 22.612078, "fair_value": 17.086306, "relative_strength": 5.802067, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.959302, "energy": 50.874976, "activity_lines": [ 21.142902, 21.854178, 22.944352, 22.947567 ] }, { "date": "2023-08-04", "close": 18.559563, "volume": 12836350, "typical_volume": 8784370.2, "trend": 22.586205, "fair_value": 17.102977, "relative_strength": -9.985395, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.842815, "energy": 62.400824, "activity_lines": [ 20.1807, 21.13534, 22.494645, 22.686114 ] }, { "date": "2023-08-11", "close": 18.412186, "volume": 6725600, "typical_volume": 8825571.75, "trend": 22.539045, "fair_value": 17.121763, "relative_strength": -7.419213, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.662929, "energy": 76.088771, "activity_lines": [ 19.461504, 20.488135, 22.046528, 22.416823 ] }, { "date": "2023-08-18", "close": 18.372887, "volume": 6008372, "typical_volume": 8817783.45, "trend": 22.462409, "fair_value": 17.136931, "relative_strength": -4.8364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.190224, "energy": 78.014898, "activity_lines": [ 18.952566, 19.945077, 21.610762, 22.148038 ] }, { "date": "2023-08-25", "close": 17.852158, "volume": 4992222, "typical_volume": 8841689.55, "trend": 22.352041, "fair_value": 17.147783, "relative_strength": -4.685091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.656207, "energy": 82.726106, "activity_lines": [ 18.439697, 19.418096, 21.136586, 21.850603 ] }, { "date": "2023-09-01", "close": 19.512596, "volume": 16967462, "typical_volume": 8819262.5, "trend": 22.305536, "fair_value": 17.167871, "relative_strength": 0.655937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.565001, "energy": 66.602449, "activity_lines": [ 18.631614, 19.275722, 20.835798, 21.667413 ] }, { "date": "2023-09-08", "close": 19.355394, "volume": 14350100, "typical_volume": 8862914.2, "trend": 22.195167, "fair_value": 17.186034, "relative_strength": 1.346495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.463451, "energy": 47.400929, "activity_lines": [ 18.902786, 19.159607, 20.553819, 21.477081 ] }, { "date": "2023-09-15", "close": 18.628338, "volume": 8285550, "typical_volume": 8702127.7, "trend": 22.097244, "fair_value": 17.194886, "relative_strength": -1.292391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.658236, "energy": 45.87139, "activity_lines": [ 18.87855, 18.976503, 20.24096, 21.246963 ] }, { "date": "2023-09-22", "close": 19.669796, "volume": 9657150, "typical_volume": 8985690.95, "trend": 22.004233, "fair_value": 17.208579, "relative_strength": 3.583058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.680625, "energy": 31.406388, "activity_lines": [ 19.187058, 19.039741, 20.063501, 21.090354 ] }, { "date": "2023-09-29", "close": 19.994024, "volume": 6176459, "typical_volume": 8774193.9, "trend": 21.931528, "fair_value": 17.23316, "relative_strength": 5.662658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.492242, "energy": 26.190714, "activity_lines": [ 19.51718, 19.184616, 19.947518, 20.960663 ] }, { "date": "2023-10-13", "close": 19.473293, "volume": 7781221, "typical_volume": 8632047.15, "trend": 21.84867, "fair_value": 17.246572, "relative_strength": 3.049145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.933167, "energy": 24.046493, "activity_lines": [ 19.530935, 19.237135, 19.801546, 20.802067 ] }, { "date": "2023-10-20", "close": 19.149067, "volume": 5400816, "typical_volume": 8644677.95, "trend": 21.758934, "fair_value": 17.265737, "relative_strength": 6.188901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.612347, "energy": 22.520827, "activity_lines": [ 19.439234, 19.267325, 19.649257, 20.627899 ] }, { "date": "2023-10-27", "close": 21.438309, "volume": 11500130, "typical_volume": 8844494.45, "trend": 21.747144, "fair_value": 17.303738, "relative_strength": 15.775585, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.1338, "energy": 13.989578, "activity_lines": [ 20.124369, 19.703023, 19.737963, 20.607214 ] }, { "date": "2023-11-03", "close": 21.634811, "volume": 12577446, "typical_volume": 9005559.25, "trend": 21.777602, "fair_value": 17.339816, "relative_strength": 15.168524, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.007248, "energy": 10.608235, "activity_lines": [ 20.687673, 20.119427, 19.860122, 20.599966 ] }, { "date": "2023-11-10", "close": 21.723236, "volume": 7925040, "typical_volume": 8817241.25, "trend": 21.799872, "fair_value": 17.353456, "relative_strength": 13.580216, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.635958, "energy": 19.04694, "activity_lines": [ 21.149452, 20.492601, 20.004176, 20.596459 ] }, { "date": "2023-11-17", "close": 24.238455, "volume": 12212202, "typical_volume": 9141068.85, "trend": 21.720944, "fair_value": 17.384687, "relative_strength": 25.746339, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.692907, "energy": 51.821596, "activity_lines": [ 22.334356, 21.252704, 20.391003, 20.753787 ] }, { "date": "2023-11-24", "close": 22.754869, "volume": 7286554, "typical_volume": 9128685.65, "trend": 21.565707, "fair_value": 17.406164, "relative_strength": 18.945841, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.040356, "energy": 53.433935, "activity_lines": [ 22.707054, 21.65714, 20.628396, 20.820492 ] }, { "date": "2023-12-01", "close": 23.010321, "volume": 5782849, "typical_volume": 9058664.7, "trend": 21.458287, "fair_value": 17.432215, "relative_strength": 20.986674, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.715503, "energy": 54.719615, "activity_lines": [ 22.924515, 22.046213, 20.891006, 20.913693 ] }, { "date": "2023-12-08", "close": 22.617319, "volume": 4668930, "typical_volume": 8980414.55, "trend": 21.342351, "fair_value": 17.461192, "relative_strength": 20.240332, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.990724, "energy": 56.119191, "activity_lines": [ 22.906175, 22.284159, 21.110245, 20.988469 ] }, { "date": "2023-12-15", "close": 23.580175, "volume": 9488258, "typical_volume": 9172804.95, "trend": 21.324666, "fair_value": 17.499278, "relative_strength": 26.405355, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.226084, "energy": 43.905904, "activity_lines": [ 23.143287, 22.643578, 21.413092, 21.132845 ] }, { "date": "2023-12-22", "close": 23.118397, "volume": 4790611, "typical_volume": 8770666.1, "trend": 21.27423, "fair_value": 17.539849, "relative_strength": 24.895707, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.21596, "energy": 33.402248, "activity_lines": [ 23.102677, 22.853834, 21.65549, 21.248569 ] }, { "date": "2023-12-29", "close": 24.16968, "volume": 5367750, "typical_volume": 8397236.1, "trend": 21.280781, "fair_value": 17.586609, "relative_strength": 25.387665, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.039698, "energy": 53.083445, "activity_lines": [ 23.487165, 23.188959, 21.990244, 21.435372 ] }, { "date": "2024-01-05", "close": 23.776676, "volume": 5517400, "typical_volume": 8336826.1, "trend": 21.255563, "fair_value": 17.639293, "relative_strength": 27.653227, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.894189, "energy": 48.986927, "activity_lines": [ 23.646331, 23.361344, 22.260855, 21.596398 ] }, { "date": "2024-01-12", "close": 24.513557, "volume": 7894700, "typical_volume": 8431142.5, "trend": 21.2572, "fair_value": 17.700249, "relative_strength": 32.161422, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.211049, "energy": 53.219794, "activity_lines": [ 24.000033, 23.625192, 22.576099, 21.806591 ] }, { "date": "2024-01-19", "close": 23.491749, "volume": 8520650, "typical_volume": 8607563.9, "trend": 21.293553, "fair_value": 17.759856, "relative_strength": 28.554082, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.448759, "energy": 42.913093, "activity_lines": [ 23.886717, 23.650916, 22.764788, 21.950755 ] }, { "date": "2024-01-26", "close": 23.924053, "volume": 9213042, "typical_volume": 8219842.9, "trend": 21.340059, "fair_value": 17.824314, "relative_strength": 30.147019, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.121637, "energy": 40.092644, "activity_lines": [ 23.923398, 23.723085, 22.967792, 22.120465 ] }, { "date": "2024-02-02", "close": 18.883789, "volume": 6881980, "typical_volume": 7846436.9, "trend": 21.2048, "fair_value": 17.864784, "relative_strength": 11.149483, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 6.00246, "energy": 10.172879, "activity_lines": [ 22.22628, 22.88456, 22.669765, 21.961996 ] }, { "date": "2024-02-09", "close": 19.06064, "volume": 7466429, "typical_volume": 7805480.85, "trend": 21.114737, "fair_value": 17.911405, "relative_strength": 2.065552, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -27.693679, "energy": 29.589821, "activity_lines": [ 20.940505, 22.148572, 22.390826, 21.823663 ] }, { "date": "2024-02-23", "close": 21.015831, "volume": 5456727, "typical_volume": 7595459.7, "trend": 21.118012, "fair_value": 17.968968, "relative_strength": 9.027178, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.401857, "energy": 28.50801, "activity_lines": [ 20.620862, 21.839886, 22.296038, 21.817282 ] }, { "date": "2024-03-01", "close": 20.622828, "volume": 8335736, "typical_volume": 7703423.55, "trend": 21.134714, "fair_value": 18.027439, "relative_strength": 2.525447, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.044989, "energy": 30.362769, "activity_lines": [ 20.403401, 21.488863, 22.157411, 21.785335 ] }, { "date": "2024-03-08", "close": 19.679621, "volume": 4821508, "typical_volume": 7555437.9, "trend": 21.074454, "fair_value": 18.08439, "relative_strength": -1.650636, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.609186, "energy": 40.699177, "activity_lines": [ 20.062799, 21.020118, 21.92596, 21.691458 ] }, { "date": "2024-03-15", "close": 21.222158, "volume": 6313600, "typical_volume": 7601077.1, "trend": 21.163207, "fair_value": 18.151108, "relative_strength": 3.057035, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.436878, "energy": 16.768859, "activity_lines": [ 20.519337, 20.894357, 21.840435, 21.700987 ] }, { "date": "2024-03-22", "close": 20.799679, "volume": 7130335, "typical_volume": 7382587.35, "trend": 21.24279, "fair_value": 18.208142, "relative_strength": 1.271573, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.099806, "energy": 13.525307, "activity_lines": [ 20.679158, 20.745373, 21.704802, 21.677534 ] }, { "date": "2024-03-29", "close": 20.20035, "volume": 6757641, "typical_volume": 7091597.1, "trend": 21.303706, "fair_value": 18.259315, "relative_strength": -0.113091, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.069263, "energy": 17.250957, "activity_lines": [ 20.523267, 20.541548, 21.515132, 21.61028 ] }, { "date": "2024-04-05", "close": 19.77787, "volume": 5456258, "typical_volume": 6968158.0, "trend": 21.367896, "fair_value": 18.30515, "relative_strength": -3.847878, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.025744, "energy": 17.759907, "activity_lines": [ 20.280915, 20.33933, 21.292056, 21.511839 ] }, { "date": "2024-04-12", "close": 19.050816, "volume": 4630930, "typical_volume": 6589094.4, "trend": 21.352503, "fair_value": 18.349872, "relative_strength": -4.459159, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.610078, "energy": 28.064881, "activity_lines": [ 19.852542, 20.072445, 21.009, 21.362349 ] }, { "date": "2024-04-19", "close": 18.068308, "volume": 8326708, "typical_volume": 6641102.1, "trend": 21.3096, "fair_value": 18.384931, "relative_strength": -10.037112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.477537, "energy": 54.256596, "activity_lines": [ 19.138586, 19.715527, 20.657075, 21.150466 ] }, { "date": "2024-04-26", "close": 17.852158, "volume": 8199138, "typical_volume": 6761916.55, "trend": 21.283728, "fair_value": 18.421052, "relative_strength": -12.559491, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.521889, "energy": 60.426641, "activity_lines": [ 18.562837, 19.334135, 20.306881, 20.927405 ] }, { "date": "2024-05-03", "close": 17.351078, "volume": 2783950, "typical_volume": 6667667.55, "trend": 21.206437, "fair_value": 18.456224, "relative_strength": -15.666871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.087586, "energy": 67.465642, "activity_lines": [ 18.016563, 18.883611, 19.933529, 20.673686 ] }, { "date": "2024-05-10", "close": 17.675306, "volume": 4881600, "typical_volume": 6437334.65, "trend": 21.129147, "fair_value": 18.493047, "relative_strength": -14.984505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.294659, "energy": 70.581798, "activity_lines": [ 17.768317, 18.558669, 19.616132, 20.445871 ] }, { "date": "2024-05-17", "close": 17.920933, "volume": 4356492, "typical_volume": 6415628.7, "trend": 21.077401, "fair_value": 18.528936, "relative_strength": -13.228054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.582612, "energy": 67.523912, "activity_lines": [ 17.742116, 18.331978, 19.350247, 20.238889 ] }, { "date": "2024-05-24", "close": 17.193878, "volume": 3951699, "typical_volume": 6344826.15, "trend": 21.012228, "fair_value": 18.564202, "relative_strength": -13.947233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.447791, "energy": 67.556783, "activity_lines": [ 17.54889, 18.005071, 19.039868, 19.988339 ] }, { "date": "2024-05-31", "close": 17.01, "volume": 2516392, "typical_volume": 6194775.75, "trend": 20.864618, "fair_value": 18.60037, "relative_strength": -14.004837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.12118, "energy": 71.50455, "activity_lines": [ 17.352667, 17.717973, 18.745195, 19.730131 ] }, { "date": "2024-06-07", "close": 15.03, "volume": 4470125, "typical_volume": 6023547.0, "trend": 20.644458, "fair_value": 18.625252, "relative_strength": -22.718924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.614077, "energy": 80.106042, "activity_lines": [ 16.552587, 17.139779, 18.294174, 19.353704 ] }, { "date": "2024-06-14", "close": 15.0, "volume": 1851200, "typical_volume": 5690074.5, "trend": 20.42035, "fair_value": 18.647862, "relative_strength": -22.411818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.381765, "energy": 87.318607, "activity_lines": [ 15.897246, 16.650136, 17.885454, 18.989546 ] }, { "date": "2024-06-21", "close": 16.799999, "volume": 4991433, "typical_volume": 5478994.05, "trend": 20.172401, "fair_value": 18.682562, "relative_strength": -10.966092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.684707, "energy": 70.117416, "activity_lines": [ 16.020258, 16.574636, 17.6886, 18.755975 ] }, { "date": "2024-06-28", "close": 16.559999, "volume": 14294075, "typical_volume": 5849598.8, "trend": 19.965906, "fair_value": 18.714071, "relative_strength": -10.003027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.185409, "energy": 52.641875, "activity_lines": [ 16.137999, 16.496424, 17.502813, 18.522916 ] }, { "date": "2024-07-05", "close": 15.53, "volume": 4583090, "typical_volume": 5705431.85, "trend": 19.716562, "fair_value": 18.737692, "relative_strength": -13.914151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.409863, "energy": 49.977337, "activity_lines": [ 15.954666, 16.258363, 17.229997, 18.236729 ] }, { "date": "2024-07-12", "close": 16.370001, "volume": 6961862, "typical_volume": 5780688.6, "trend": 19.508318, "fair_value": 18.765229, "relative_strength": -10.690765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.688807, "energy": 36.925823, "activity_lines": [ 16.15, 16.215251, 17.053993, 18.020822 ] }, { "date": "2024-07-19", "close": 15.97, "volume": 3063100, "typical_volume": 5517056.8, "trend": 19.254645, "fair_value": 18.787144, "relative_strength": -13.18876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.211763, "energy": 35.512746, "activity_lines": [ 16.122667, 16.117249, 16.862017, 17.792543 ] }, { "date": "2024-07-26", "close": 16.280001, "volume": 2976050, "typical_volume": 5424783.9, "trend": 19.026699, "fair_value": 18.806089, "relative_strength": -8.358117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.186539, "energy": 33.759754, "activity_lines": [ 16.134, 16.106616, 16.721721, 17.600631 ] }, { "date": "2024-08-02", "close": 16.98, "volume": 4778750, "typical_volume": 5348041.4, "trend": 18.787043, "fair_value": 18.833638, "relative_strength": -4.040845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.041148, "energy": 24.4214, "activity_lines": [ 16.413334, 16.253091, 16.664281, 17.468586 ] }, { "date": "2024-08-09", "close": 16.879999, "volume": 5760700, "typical_volume": 5279559.65, "trend": 18.557153, "fair_value": 18.858667, "relative_strength": -2.857293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.648083, "energy": 19.720348, "activity_lines": [ 16.631333, 16.385273, 16.617517, 17.345551 ] }, { "date": "2024-08-16", "close": 16.559999, "volume": 5587800, "typical_volume": 5221067.6, "trend": 18.292035, "fair_value": 18.884651, "relative_strength": -4.492957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.873745, "energy": 15.189171, "activity_lines": [ 16.652666, 16.461636, 16.558942, 17.216702 ] }, { "date": "2024-08-23", "close": 15.48, "volume": 2130300, "typical_volume": 5054769.7, "trend": 18.024976, "fair_value": 18.903148, "relative_strength": -9.047865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.345136, "energy": 25.453592, "activity_lines": [ 16.301333, 16.313818, 16.414845, 17.03528 ] }, { "date": "2024-08-30", "close": 15.99, "volume": 2319498, "typical_volume": 4939198.1, "trend": 17.760508, "fair_value": 18.927357, "relative_strength": -8.060534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.71452, "energy": 25.63184, "activity_lines": [ 16.152666, 16.25, 16.339786, 16.903991 ] }, { "date": "2024-09-06", "close": 15.57, "volume": 1818100, "typical_volume": 4613767.7, "trend": 17.650048, "fair_value": 18.946557, "relative_strength": -8.207745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.951513, "energy": 32.279135, "activity_lines": [ 15.883333, 16.124545, 16.239302, 16.762668 ] }, { "date": "2024-09-13", "close": 17.799999, "volume": 7999557, "typical_volume": 4603788.65, "trend": 17.608027, "fair_value": 18.976982, "relative_strength": 6.516047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.94947, "energy": 9.419968, "activity_lines": [ 16.451333, 16.422545, 16.363095, 16.772343 ] }, { "date": "2024-09-20", "close": 16.870001, "volume": 6661850, "typical_volume": 4797683.65, "trend": 17.469833, "fair_value": 19.002072, "relative_strength": -0.383246, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.651004, "energy": 8.448892, "activity_lines": [ 16.648, 16.510182, 16.398566, 16.724728 ] }, { "date": "2024-09-27", "close": 18.08, "volume": 7933587, "typical_volume": 4950283.0, "trend": 17.385072, "fair_value": 19.026588, "relative_strength": -9.445729, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.53017, "energy": 11.846858, "activity_lines": [ 17.227333, 16.808727, 16.551565, 16.764094 ] }, { "date": "2024-10-04", "close": 20.24, "volume": 5308780, "typical_volume": 4997897.4, "trend": 17.403751, "fair_value": 19.064199, "relative_strength": -8.389375, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.259971, "energy": 51.022087, "activity_lines": [ 18.353333, 17.461636, 16.908352, 16.948283 ] }, { "date": "2024-10-11", "close": 18.299999, "volume": 20825097, "typical_volume": 5841567.3, "trend": 17.306346, "fair_value": 19.088811, "relative_strength": -13.182466, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.684048, "energy": 48.581804, "activity_lines": [ 18.549333, 17.689818, 17.069333, 17.006105 ] }, { "date": "2024-10-18", "close": 18.629999, "volume": 11849128, "typical_volume": 6308204.1, "trend": 17.234023, "fair_value": 19.105829, "relative_strength": -14.043845, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.786075, "energy": 51.020657, "activity_lines": [ 18.673333, 17.954, 17.256476, 17.091502 ] }, { "date": "2024-10-25", "close": 20.290001, "volume": 16819700, "typical_volume": 6925682.85, "trend": 17.237011, "fair_value": 19.143385, "relative_strength": -8.620058, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.726473, "energy": 66.854479, "activity_lines": [ 19.295333, 18.488182, 17.594, 17.288662 ] }, { "date": "2024-11-01", "close": 20.719999, "volume": 25633350, "typical_volume": 8114790.35, "trend": 17.268416, "fair_value": 19.185388, "relative_strength": -5.031126, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.173368, "energy": 58.462485, "activity_lines": [ 19.832666, 19.032727, 17.947428, 17.513371 ] }, { "date": "2024-11-08", "close": 20.379999, "volume": 13003900, "typical_volume": 8515413.7, "trend": 17.312722, "fair_value": 19.223207, "relative_strength": -12.200454, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.441652, "energy": 59.951408, "activity_lines": [ 20.080666, 19.420181, 18.241238, 17.714118 ] }, { "date": "2024-11-15", "close": 21.379999, "volume": 19667362, "typical_volume": 8784078.05, "trend": 17.423112, "fair_value": 19.276393, "relative_strength": -4.189115, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.064134, "energy": 66.383907, "activity_lines": [ 20.652666, 19.909636, 18.613238, 17.976523 ] }, { "date": "2024-11-22", "close": 20.969999, "volume": 11202569, "typical_volume": 9115052.0, "trend": 17.52704, "fair_value": 19.331586, "relative_strength": -2.855594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.7126, "energy": 56.93745, "activity_lines": [ 20.882666, 20.218908, 18.923238, 18.205354 ] }, { "date": "2024-11-29", "close": 21.68, "volume": 13919500, "typical_volume": 9462933.9, "trend": 17.671337, "fair_value": 19.392959, "relative_strength": -0.955526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.260869, "energy": 50.56274, "activity_lines": [ 21.193333, 20.599636, 19.274952, 18.473287 ] }, { "date": "2024-12-06", "close": 21.860001, "volume": 9568478, "typical_volume": 9788202.8, "trend": 17.810827, "fair_value": 19.450537, "relative_strength": -1.481821, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.598871, "energy": 51.152357, "activity_lines": [ 21.471333, 20.925636, 19.618524, 18.743524 ] }, { "date": "2024-12-13", "close": 23.52, "volume": 17330623, "typical_volume": 10505931.45, "trend": 17.997462, "fair_value": 19.50266, "relative_strength": 6.945782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.57887, "energy": 60.988542, "activity_lines": [ 22.226667, 21.484727, 20.092143, 19.111858 ] }, { "date": "2024-12-20", "close": 23.68, "volume": 14005506, "typical_volume": 10967269.25, "trend": 18.213666, "fair_value": 19.556434, "relative_strength": 8.638714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.170813, "energy": 65.08402, "activity_lines": [ 22.826, 22.013273, 20.546524, 19.478473 ] }, { "date": "2024-12-27", "close": 23.15, "volume": 10272416, "typical_volume": 11192855.05, "trend": 18.418333, "fair_value": 19.60274, "relative_strength": 6.409304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.156999, "energy": 63.662493, "activity_lines": [ 23.095333, 22.347636, 20.918524, 19.796946 ] }, { "date": "2025-01-03", "close": 21.5, "volume": 5996932, "typical_volume": 11213311.65, "trend": 18.634, "fair_value": 19.629137, "relative_strength": 6.809984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.20378, "energy": 47.053213, "activity_lines": [ 22.669333, 22.299818, 21.103524, 19.995763 ] }, { "date": "2025-01-10", "close": 20.299999, "volume": 6588216, "typical_volume": 11436207.45, "trend": 18.810666, "fair_value": 19.653228, "relative_strength": 2.408974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.786437, "energy": 32.413775, "activity_lines": [ 21.855333, 22.011818, 21.150714, 20.103247 ] }, { "date": "2025-01-17", "close": 19.200001, "volume": 8311612, "typical_volume": 11735813.15, "trend": 18.890667, "fair_value": 19.668953, "relative_strength": -5.875922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.459479, "energy": 18.540649, "activity_lines": [ 20.778667, 21.531455, 21.07019, 20.128365 ] }, { "date": "2025-01-24", "close": 19.75, "volume": 9273616, "typical_volume": 12108588.95, "trend": 18.997, "fair_value": 19.698788, "relative_strength": -3.719783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.578535, "energy": 22.614091, "activity_lines": [ 20.173333, 21.172546, 21.026762, 20.183806 ] }, { "date": "2025-01-31", "close": 19.33, "volume": 1011100, "typical_volume": 11759166.1, "trend": 19.123667, "fair_value": 19.710711, "relative_strength": -3.731006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 0.038277, "energy": 21.376778, "activity_lines": [ 19.69, 20.766909, 20.923428, 20.20529 ] }, { "date": "2025-02-07", "close": 19.43, "volume": 4627500, "typical_volume": 11657448.6, "trend": 19.225666, "fair_value": 19.717638, "relative_strength": -6.614706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.639065, "energy": 21.423175, "activity_lines": [ 19.494667, 20.409273, 20.822333, 20.225054 ] }, { "date": "2025-02-14", "close": 18.879999, "volume": 11577800, "typical_volume": 11839659.25, "trend": 19.322666, "fair_value": 19.714025, "relative_strength": -10.367952, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.20972, "energy": 32.627923, "activity_lines": [ 19.254, 19.992545, 20.656666, 20.202752 ] }, { "date": "2025-02-21", "close": 18.49, "volume": 11776300, "typical_volume": 12163035.25, "trend": 19.396333, "fair_value": 19.706158, "relative_strength": -13.613084, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.269009, "energy": 44.421729, "activity_lines": [ 18.978, 19.559091, 20.450047, 20.149032 ] }, { "date": "2025-02-28", "close": 18.67, "volume": 11224396, "typical_volume": 11683000.2, "trend": 19.452666, "fair_value": 19.701323, "relative_strength": -9.265254, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.675995, "energy": 40.24958, "activity_lines": [ 18.809333, 19.249818, 20.268905, 20.102172 ] }, { "date": "2025-03-07", "close": 17.85, "volume": 15365876, "typical_volume": 11858837.6, "trend": 19.485, "fair_value": 19.694051, "relative_strength": -14.726045, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.134973, "energy": 43.472486, "activity_lines": [ 18.439333, 18.882545, 20.007905, 19.998774 ] }, { "date": "2025-03-14", "close": 18.75, "volume": 7812050, "typical_volume": 11408455.1, "trend": 19.558, "fair_value": 19.69211, "relative_strength": -11.081761, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.220785, "energy": 41.232242, "activity_lines": [ 18.468, 18.775273, 19.836333, 19.951355 ] }, { "date": "2025-03-21", "close": 18.83, "volume": 14939200, "typical_volume": 10873747.6, "trend": 19.669667, "fair_value": 19.692059, "relative_strength": -7.89261, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.915928, "energy": 30.075042, "activity_lines": [ 18.568667, 18.732545, 19.679714, 19.904387 ] }, { "date": "2025-03-28", "close": 17.6, "volume": 6746700, "typical_volume": 10560887.6, "trend": 19.723333, "fair_value": 19.688696, "relative_strength": -12.829078, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.896032, "energy": 38.408709, "activity_lines": [ 18.262667, 18.492909, 19.414952, 19.77086 ] }, { "date": "2025-04-04", "close": 17.83, "volume": 3166097, "typical_volume": 9735824.35, "trend": 19.798667, "fair_value": 19.684677, "relative_strength": -9.309071, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.079207, "energy": 48.678841, "activity_lines": [ 18.092667, 18.324182, 19.185333, 19.64871 ] }, { "date": "2025-04-11", "close": 15.92, "volume": 9529527, "typical_volume": 9652172.25, "trend": 19.736, "fair_value": 19.666035, "relative_strength": -14.262172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.966192, "energy": 69.188166, "activity_lines": [ 17.342, 17.843091, 18.790714, 19.398473 ] }, { "date": "2025-04-18", "close": 16.290001, "volume": 5627797, "typical_volume": 9237587.1, "trend": 19.716667, "fair_value": 19.655715, "relative_strength": -11.542184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.880594, "energy": 76.384254, "activity_lines": [ 16.843334, 17.491273, 18.455381, 19.176151 ] }, { "date": "2025-04-25", "close": 16.77, "volume": 5934550, "typical_volume": 9055890.7, "trend": 19.673, "fair_value": 19.647032, "relative_strength": -9.999547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.986647, "energy": 72.381003, "activity_lines": [ 16.668667, 17.283818, 18.191429, 18.986043 ] }, { "date": "2025-05-02", "close": 17.18, "volume": 2891200, "typical_volume": 8333919.55, "trend": 19.571, "fair_value": 19.64367, "relative_strength": -7.568192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.968943, "energy": 63.527263, "activity_lines": [ 16.768, 17.189273, 17.990762, 18.825204 ] }, { "date": "2025-05-09", "close": 17.9, "volume": 4767100, "typical_volume": 7871999.25, "trend": 19.557667, "fair_value": 19.648054, "relative_strength": -5.80625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.088536, "energy": 40.683539, "activity_lines": [ 17.135333, 17.249455, 17.888857, 18.717398 ] }, { "date": "2025-05-16", "close": 17.719999, "volume": 4733550, "typical_volume": 7595055.95, "trend": 19.527333, "fair_value": 19.656672, "relative_strength": -7.136916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.963719, "energy": 27.196059, "activity_lines": [ 17.438, 17.290909, 17.797333, 18.598839 ] }, { "date": "2025-05-23", "close": 17.690001, "volume": 9855700, "typical_volume": 7787994.35, "trend": 19.440667, "fair_value": 19.675055, "relative_strength": -6.787315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.454401, "energy": 19.502601, "activity_lines": [ 17.610667, 17.329273, 17.72881, 18.480301 ] }, { "date": "2025-05-30", "close": 17.76, "volume": 4904300, "typical_volume": 7703798.55, "trend": 19.342, "fair_value": 19.689315, "relative_strength": -5.516837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.638657, "energy": 19.180948, "activity_lines": [ 17.713333, 17.399636, 17.685095, 18.371871 ] }, { "date": "2025-06-06", "close": 17.530001, "volume": 4762050, "typical_volume": 7526320.45, "trend": 19.247, "fair_value": 19.690577, "relative_strength": -8.14264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.980135, "energy": 16.690456, "activity_lines": [ 17.673334, 17.447637, 17.631572, 18.254968 ] }, { "date": "2025-06-13", "close": 16.940001, "volume": 6171200, "typical_volume": 7371199.65, "trend": 19.099, "fair_value": 19.687868, "relative_strength": -10.742073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.805464, "energy": 24.09957, "activity_lines": [ 17.413334, 17.389637, 17.52981, 18.106129 ] }, { "date": "2025-06-20", "close": 16.26, "volume": 5974250, "typical_volume": 7619357.15, "trend": 18.942, "fair_value": 19.680863, "relative_strength": -13.119174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.307888, "energy": 38.006614, "activity_lines": [ 16.990667, 17.224182, 17.376667, 17.922968 ] }, { "date": "2025-06-27", "close": 17.1, "volume": 7400150, "typical_volume": 7757989.65, "trend": 18.789333, "fair_value": 19.676049, "relative_strength": -11.716049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.322648, "energy": 34.659001, "activity_lines": [ 16.945334, 17.205273, 17.318143, 17.804129 ] }, { "date": "2025-07-04", "close": 17.09, "volume": 6757200, "typical_volume": 7516959.65, "trend": 18.630333, "fair_value": 19.669667, "relative_strength": -12.717289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.833227, "energy": 33.853259, "activity_lines": [ 16.936, 17.169818, 17.269762, 17.694495 ] }, { "date": "2025-07-11", "close": 17.629999, "volume": 8983163, "typical_volume": 7377302.8, "trend": 18.434, "fair_value": 19.669941, "relative_strength": -11.352886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.788364, "energy": 28.310167, "activity_lines": [ 17.151333, 17.226727, 17.281333, 17.629957 ] }, { "date": "2025-07-18", "close": 17.99, "volume": 8265219, "typical_volume": 7229343.95, "trend": 18.244333, "fair_value": 19.672961, "relative_strength": -11.213941, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.093785, "energy": 7.332587, "activity_lines": [ 17.48, 17.340909, 17.331286, 17.601312 ] }, { "date": "2025-07-25", "close": 18.370001, "volume": 8190600, "typical_volume": 6870580.15, "trend": 18.085, "fair_value": 19.677102, "relative_strength": -11.173987, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.343354, "energy": 14.388482, "activity_lines": [ 17.865333, 17.522546, 17.420667, 17.609419 ] }, { "date": "2025-08-01", "close": 18.459999, "volume": 7291100, "typical_volume": 6844532.65, "trend": 17.983667, "fair_value": 19.68207, "relative_strength": -9.014061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.547726, "energy": 31.882625, "activity_lines": [ 18.14, 17.708727, 17.516143, 17.633613 ] }, { "date": "2025-08-08", "close": 18.809999, "volume": 11794834, "typical_volume": 6687314.35, "trend": 17.934, "fair_value": 19.693941, "relative_strength": -8.126153, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.343222, "energy": 48.473364, "activity_lines": [ 18.440666, 17.944545, 17.646333, 17.686925 ] }, { "date": "2025-08-15", "close": 18.280001, "volume": 8613110, "typical_volume": 6780634.85, "trend": 17.903333, "fair_value": 19.70103, "relative_strength": -14.228426, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.674067, "energy": 49.083803, "activity_lines": [ 18.45, 18.064909, 17.726143, 17.709247 ] }, { "date": "2025-08-22", "close": 18.940001, "volume": 11714450, "typical_volume": 7208052.5, "trend": 17.876333, "fair_value": 19.709955, "relative_strength": -14.713122, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.320431, "energy": 54.090192, "activity_lines": [ 18.636, 18.291636, 17.865572, 17.776129 ] }, { "date": "2025-08-29", "close": 17.43, "volume": 13691633, "typical_volume": 7416157.8, "trend": 17.813, "fair_value": 19.708383, "relative_strength": -24.357372, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.242882, "energy": 17.718667, "activity_lines": [ 18.255334, 18.207455, 17.855905, 17.747333 ] }, { "date": "2025-09-05", "close": 18.51, "volume": 24802387, "typical_volume": 8374887.3, "trend": 17.782333, "fair_value": 19.698429, "relative_strength": -18.613129, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 42.757465, "energy": 22.250691, "activity_lines": [ 18.297334, 18.298364, 17.941905, 17.792301 ] }, { "date": "2025-09-12", "close": 19.129999, "volume": 24344146, "typical_volume": 9295367.1, "trend": 17.790667, "fair_value": 19.688923, "relative_strength": -17.398981, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.355034, "energy": 31.633884, "activity_lines": [ 18.542667, 18.476364, 18.076381, 17.879247 ] }, { "date": "2025-09-19", "close": 17.700001, "volume": 15532499, "typical_volume": 9927432.05, "trend": 17.764333, "fair_value": 19.676296, "relative_strength": -23.830701, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.873828, "energy": 13.741645, "activity_lines": [ 18.29, 18.357273, 18.063429, 17.873398 ] }, { "date": "2025-09-26", "close": 17.360001, "volume": 8608935, "typical_volume": 10119523.8, "trend": 17.720667, "fair_value": 19.660985, "relative_strength": -25.603591, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.884994, "energy": 9.568882, "activity_lines": [ 17.962667, 18.175091, 18.015619, 17.847312 ] }, { "date": "2025-10-03", "close": 17.83, "volume": 3357350, "typical_volume": 10050713.8, "trend": 17.72, "fair_value": 19.649003, "relative_strength": -24.889123, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.40207, "energy": 12.427175, "activity_lines": [ 17.897334, 18.089818, 18.015143, 17.854366 ] }, { "date": "2025-10-10", "close": 17.5, "volume": 3640700, "typical_volume": 9739963.8, "trend": 17.678333, "fair_value": 19.641518, "relative_strength": -24.916405, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.541425, "energy": 12.566656, "activity_lines": [ 17.695334, 17.954364, 17.982714, 17.840172 ] }, { "date": "2025-10-17", "close": 17.65, "volume": 6465250, "typical_volume": 9818011.3, "trend": 17.639, "fair_value": 19.637073, "relative_strength": -19.935613, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.616809, "energy": 12.81775, "activity_lines": [ 17.610667, 17.863637, 17.965476, 17.838344 ] }, { "date": "2025-10-24", "close": 19.0, "volume": 10614983, "typical_volume": 10110657.95, "trend": 17.685667, "fair_value": 19.647076, "relative_strength": -17.264257, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.353913, "energy": 14.974387, "activity_lines": [ 18.074667, 18.039455, 18.077333, 17.926151 ] }, { "date": "2025-10-31", "close": 18.91, "volume": 16529167, "typical_volume": 10628556.3, "trend": 17.721667, "fair_value": 19.65222, "relative_strength": -17.683614, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.236518, "energy": 28.031013, "activity_lines": [ 18.422, 18.185818, 18.173619, 18.00514 ] }, { "date": "2025-11-07", "close": 19.48, "volume": 10157850, "typical_volume": 10837736.3, "trend": 17.840333, "fair_value": 19.664355, "relative_strength": -15.01126, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.678407, "energy": 46.610473, "activity_lines": [ 18.856, 18.436364, 18.31481, 18.118581 ] }, { "date": "2025-11-14", "close": 19.469999, "volume": 7626850, "typical_volume": 10849071.3, "trend": 17.946333, "fair_value": 19.679765, "relative_strength": -13.343656, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.842996, "energy": 55.42859, "activity_lines": [ 19.176666, 18.647818, 18.439714, 18.22372 ] }, { "date": "2025-11-21", "close": 18.299999, "volume": 12195892, "typical_volume": 11121005.9, "trend": 17.997333, "fair_value": 19.678038, "relative_strength": -13.610129, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.699677, "energy": 46.615935, "activity_lines": [ 18.975999, 18.629091, 18.441905, 18.246538 ] }, { "date": "2025-11-28", "close": 19.49, "volume": 12582000, "typical_volume": 11300947.75, "trend": 18.074333, "fair_value": 19.685199, "relative_strength": -10.601446, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.062231, "energy": 46.826669, "activity_lines": [ 19.128666, 18.841818, 18.551667, 18.342839 ] }, { "date": "2025-12-05", "close": 19.129999, "volume": 8477750, "typical_volume": 11311574.3, "trend": 18.115333, "fair_value": 19.684069, "relative_strength": -12.774467, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.710645, "energy": 35.478727, "activity_lines": [ 19.128666, 18.956545, 18.618286, 18.410946 ] }, { "date": "2025-12-12", "close": 18.58, "volume": 8883850, "typical_volume": 11346236.8, "trend": 18.144, "fair_value": 19.68231, "relative_strength": -15.213109, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.414472, "energy": 20.309774, "activity_lines": [ 18.930666, 18.939091, 18.627095, 18.440925 ] }, { "date": "2025-12-19", "close": 19.940001, "volume": 15776534, "typical_volume": 11770508.5, "trend": 18.219, "fair_value": 19.699662, "relative_strength": -7.42783, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.13695, "energy": 40.694028, "activity_lines": [ 19.246, 19.155273, 18.764428, 18.556796 ] }, { "date": "2025-12-26", "close": 26.790001, "volume": 55372290, "typical_volume": 13949381.3, "trend": 18.52, "fair_value": 19.76212, "relative_strength": 20.42026, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.709045, "energy": 85.664713, "activity_lines": [ 21.813334, 20.572546, 19.547095, 19.109763 ] }, { "date": "2026-01-02", "close": 29.18, "volume": 35459071, "typical_volume": 15291679.35, "trend": 18.908333, "fair_value": 19.827429, "relative_strength": 31.951171, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.68363, "energy": 97.811499, "activity_lines": [ 24.611334, 22.258182, 20.519381, 19.797505 ] }, { "date": "2026-01-09", "close": 28.84, "volume": 43915047, "typical_volume": 16901709.2, "trend": 19.305, "fair_value": 19.900824, "relative_strength": 24.960893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.106017, "energy": 95.860018, "activity_lines": [ 26.65, 23.696909, 21.407381, 20.438258 ] }, { "date": "2026-01-16", "close": 30.700001, "volume": 38960166, "typical_volume": 18165135.85, "trend": 19.786333, "fair_value": 19.973671, "relative_strength": 31.119747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.823036, "energy": 95.221444, "activity_lines": [ 28.661334, 25.293273, 22.425381, 21.173419 ] }, { "date": "2026-01-23", "close": 29.15, "volume": 40015250, "typical_volume": 18925779.0, "trend": 20.188, "fair_value": 20.033434, "relative_strength": 22.988263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.257843, "energy": 88.191325, "activity_lines": [ 29.348, 26.403818, 23.232572, 21.777527 ] }, { "date": "2026-01-30", "close": 25.809999, "volume": 37758515, "typical_volume": 19596497.45, "trend": 20.478667, "fair_value": 20.06637, "relative_strength": 10.800493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.363996, "energy": 62.90761, "activity_lines": [ 28.307333, 26.731091, 23.671, 22.140237 ] }, { "date": "2026-02-06", "close": 24.959999, "volume": 21767448, "typical_volume": 19908244.9, "trend": 20.723, "fair_value": 20.090709, "relative_strength": 9.510938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.70126, "energy": 50.931573, "activity_lines": [ 27.048666, 26.767273, 23.996667, 22.429355 ] }, { "date": "2026-02-13", "close": 25.639999, "volume": 12668914, "typical_volume": 20111243.85, "trend": 20.978, "fair_value": 20.121044, "relative_strength": 10.870224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.532052, "energy": 33.34774, "activity_lines": [ 26.297999, 26.827636, 24.352524, 22.746581 ] }, { "date": "2026-02-27", "close": 26.59, "volume": 16458964, "typical_volume": 20766324.55, "trend": 21.252, "fair_value": 20.146195, "relative_strength": 11.646487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.427221, "energy": 24.763449, "activity_lines": [ 26.077333, 26.942363, 24.759428, 23.108645 ] }, { "date": "2026-03-06", "close": 25.700001, "volume": 15276033, "typical_volume": 21348091.2, "trend": 21.493333, "fair_value": 20.172695, "relative_strength": 10.295156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.72838, "energy": 22.419975, "activity_lines": [ 25.834, 26.749636, 25.039857, 23.395613 ] }, { "date": "2026-03-13", "close": 27.540001, "volume": 21218382, "typical_volume": 22085747.8, "trend": 21.784333, "fair_value": 20.205258, "relative_strength": 16.910575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.700453, "energy": 28.095096, "activity_lines": [ 26.434, 26.786727, 25.456476, 23.78572 ] }, { "date": "2026-03-20", "close": 28.620001, "volume": 23192193, "typical_volume": 22714608.3, "trend": 22.129, "fair_value": 20.246571, "relative_strength": 24.610521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.384465, "energy": 37.158093, "activity_lines": [ 27.278667, 27.006546, 25.928857, 24.226731 ] }, { "date": "2026-03-27", "close": 39.290001, "volume": 64043427, "typical_volume": 25090321.3, "trend": 22.807333, "fair_value": 20.357667, "relative_strength": 70.222037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.78248, "energy": 63.513731, "activity_lines": [ 31.436001, 29.176546, 27.371619, 25.333893 ] }, { "date": "2026-04-03", "close": 41.0, "volume": 49576161, "typical_volume": 27061236.85, "trend": 23.593, "fair_value": 20.48048, "relative_strength": 80.136458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.577182, "energy": 88.194868, "activity_lines": [ 35.253334, 31.467455, 28.880191, 26.507613 ] }, { "date": "2026-04-10", "close": 50.98, "volume": 32313681, "typical_volume": 28295578.4, "trend": 24.675333, "fair_value": 20.667582, "relative_strength": 104.754761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.240292, "energy": 96.770903, "activity_lines": [ 41.436667, 35.385637, 31.236762, 28.274516 ] }, { "date": "2026-04-17", "close": 57.18, "volume": 36748012, "typical_volume": 29523184.4, "trend": 25.943667, "fair_value": 20.901293, "relative_strength": 115.477317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.07134, "energy": 97.896223, "activity_lines": [ 48.001334, 40.034182, 34.033762, 30.371592 ] }, { "date": "2026-04-24", "close": 59.880001, "volume": 31112525, "typical_volume": 30449710.65, "trend": 27.349667, "fair_value": 21.150171, "relative_strength": 119.281801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.253905, "energy": 96.333634, "activity_lines": [ 53.49, 44.603273, 36.902762, 32.561032 ] }, { "date": "2026-05-01", "close": 55.290001, "volume": 28269134, "typical_volume": 31439279.85, "trend": 28.614, "fair_value": 21.334041, "relative_strength": 96.168196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.412017, "energy": 88.43754, "activity_lines": [ 55.364667, 47.70291, 39.142286, 34.363635 ] }, { "date": "2026-05-08", "close": 66.0, "volume": 23854700, "typical_volume": 32187822.35, "trend": 30.219667, "fair_value": 21.5814, "relative_strength": 121.580523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.363153, "energy": 93.223433, "activity_lines": [ 59.742667, 52.210728, 42.229619, 36.775635 ] }, { "date": "2026-05-15", "close": 59.599998, "volume": 24671900, "typical_volume": 32632590.65, "trend": 31.623, "fair_value": 21.795291, "relative_strength": 96.061952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.45175, "energy": 66.751893, "activity_lines": [ 60.320666, 54.838364, 44.481619, 38.67114 ] }, { "date": "2026-05-22", "close": 61.450001, "volume": 19100281, "typical_volume": 30818990.2, "trend": 33.083, "fair_value": 22.021923, "relative_strength": 97.408529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.08825, "energy": 65.420691, "activity_lines": [ 60.940667, 57.186, 46.720953, 40.595463 ] }, { "date": "2026-05-29", "close": 55.310001, "volume": 31741797, "typical_volume": 30633126.5, "trend": 34.293333, "fair_value": 22.221919, "relative_strength": 74.89428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.79999, "energy": 58.517983, "activity_lines": [ 59.229334, 57.800728, 48.210476, 42.029463 ] }, { "date": "2026-06-05", "close": 57.849998, "volume": 5967200, "typical_volume": 28735734.15, "trend": 35.591333, "fair_value": 22.434858, "relative_strength": 82.563601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.544369, "energy": 49.294221, "activity_lines": [ 58.669333, 58.392, 49.817476, 43.549247 ] }, { "date": "2026-06-12", "close": 53.98, "volume": 5131150, "typical_volume": 27044283.35, "trend": 36.741333, "fair_value": 22.62721, "relative_strength": 71.346205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.366534, "energy": 38.331329, "activity_lines": [ 56.648666, 57.942182, 50.917762, 44.735613 ] }, { "date": "2026-06-19", "close": 62.75, "volume": 24396650, "typical_volume": 26263353.35, "trend": 38.184, "fair_value": 22.872189, "relative_strength": 82.194015, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.581529, "energy": 38.482443, "activity_lines": [ 58.352666, 58.850909, 52.742429, 46.413591 ] }, { "date": "2026-06-26", "close": 65.300003, "volume": 13451901, "typical_volume": 25048022.65, "trend": 39.750667, "fair_value": 23.133955, "relative_strength": 88.347411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.465277, "energy": 47.310771, "activity_lines": [ 60.696667, 60.009273, 54.649953, 48.163011 ] }, { "date": "2026-07-03", "close": 60.73, "volume": 6963660, "typical_volume": 24307833.25, "trend": 41.125334, "fair_value": 23.379653, "relative_strength": 73.822771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.677722, "energy": 42.591293, "activity_lines": [ 61.260667, 60.189091, 55.934191, 49.516516 ] }, { "date": "2026-07-10", "close": 56.790001, "volume": 28189850, "typical_volume": 25083880.05, "trend": 42.380667, "fair_value": 23.599276, "relative_strength": 65.445206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.416847, "energy": 40.474283, "activity_lines": [ 60.150001, 59.637091, 56.672858, 50.52714 ] }, { "date": "2026-07-17", "close": 41.540001, "volume": 25901025, "typical_volume": 25555983.1, "trend": 43.146, "fair_value": 23.718497, "relative_strength": 31.31644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.259812, "energy": 10.042536, "activity_lines": [ 54.026668, 56.285092, 55.81081, 50.472904 ] }, { "date": "2026-07-24", "close": 36.060001, "volume": 24839531, "typical_volume": 26034158.0, "trend": 43.683334, "fair_value": 23.810147, "relative_strength": 12.52295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.944826, "energy": 24.832398, "activity_lines": [ 46.906001, 52.381455, 54.355667, 50.015742 ] }, { "date": "2026-07-31", "close": 37.77, "volume": 24036895, "typical_volume": 26175083.65, "trend": 44.049334, "fair_value": 23.918175, "relative_strength": 18.445055, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.370363, "energy": 40.250529, "activity_lines": [ 42.134667, 49.216728, 53.014048, 49.634237 ] }, { "date": "2026-08-07", "close": 39.599998, "volume": 23821275, "typical_volume": 26206537.75, "trend": 44.396667, "fair_value": 24.043036, "relative_strength": 16.791041, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.099993, "energy": 53.798358, "activity_lines": [ 39.808666, 46.815273, 51.798, 49.347183 ] } ], "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." } } }