{ "ticker": { "uuid": "4e0ba441-12ef-4c39-ad89-6bd506b66a12", "symbol": "688013", "name": "Touchstone International Medical Science Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -65.552, "architecture_energy": 64.711, "architecture_maturity": 100.0, "architecture_confidence": 96, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.51, "rotation_up": 28.34, "upward_expansion": 12.0, "deceleration": 60.66, "rotation_down": 55.47, "downward_expansion": 85.33 }, "activity_lines": [ 23.964, 24.508169, 27.026859, 29.971002 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 25.540001, "trend_reference": 34.289386, "distance_from_trend": -0.255163, "trend_direction": "Weakening", "fair_value": 26.447716, "distance_from_fair_value": -0.034321, "fair_value_direction": "Weakening", "relative_strength": -39.00839, "relative_strength_direction": "Weakening", "price_momentum": -0.403271, "excess_performance": -0.360067, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.255163, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.202805, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.034321, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.367895, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.390084, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.142323, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.403271, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.399761, "read": "Supply-led" } ], "volume": { "latest": 5932326, "relative_activity": 1.052405, "balance": 0.399761, "dry_up": 1.242803, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.092802, "annualized_volatility": 0.355902, "from_high_reference": -0.621107, "from_low_reference": 0.209853 }, "levels": { "trend_reference": 34.289386, "fair_value_reference": 26.447716, "structural_low": 21.110001, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": -0.036972, "positive_rate": 0.47619, "directional_follow_through": 0.52381, "median_excess_return": -0.049793, "regime_survival": 0.857143, "best_return": 0.178314, "worst_return": -0.180111, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.050525, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.055761, "regime_survival": 0.571429, "best_return": 0.2726, "worst_return": -0.356278, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.025865, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.048818, "regime_survival": 0.5, "best_return": 0.415263, "worst_return": -0.208762, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.020604, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.014281, "regime_survival": 0.333333, "best_return": 3.909884, "worst_return": -0.341529, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-04-21", "end": "2023-06-02", "tenure": "Developing", "return": 0.106247, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-09", "end": "2023-07-28", "tenure": "Developing", "return": 0.005891, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-04", "end": "2023-08-11", "tenure": "New", "return": 0.019755, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-08-18", "end": "2023-08-25", "tenure": "New", "return": -0.037054, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-09-01", "end": "2023-09-29", "tenure": "Developing", "return": 0.015646, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-13", "end": "2023-12-22", "tenure": "Developing", "return": -0.098542, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-29", "end": "2024-09-27", "tenure": "Extended", "return": -0.229384, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": 0.058242, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.151605, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.137272, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-10-24", "tenure": "Extended", "return": 1.987364, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2026-01-23", "tenure": "Established", "return": -0.129425, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": 0.008178, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-08-07", "tenure": "Established", "return": -0.415962, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 21.679573, "volume": 3977893, "typical_volume": 3254749.8, "trend": 20.761857, "fair_value": 22.608348, "relative_strength": 5.293409, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.877285, "energy": 16.604944, "activity_lines": [ 21.471256, 21.600863, 21.33011, 21.170711 ] }, { "date": "2023-08-04", "close": 19.596415, "volume": 4889942, "typical_volume": 3279664.05, "trend": 20.825808, "fair_value": 22.587718, "relative_strength": -5.199819, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.647512, "energy": 16.064163, "activity_lines": [ 20.812511, 21.212538, 21.182836, 21.095522 ] }, { "date": "2023-08-11", "close": 19.983549, "volume": 4029445, "typical_volume": 3342743.85, "trend": 20.872881, "fair_value": 22.570003, "relative_strength": -0.493109, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.025665, "energy": 24.988648, "activity_lines": [ 20.433364, 20.94376, 21.079619, 21.041182 ] }, { "date": "2023-08-18", "close": 19.651718, "volume": 3596313, "typical_volume": 3414410.4, "trend": 20.907374, "fair_value": 22.550285, "relative_strength": -0.498477, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.498533, "energy": 47.485517, "activity_lines": [ 20.069579, 20.653455, 20.951751, 20.962398 ] }, { "date": "2023-08-25", "close": 18.923538, "volume": 3717671, "typical_volume": 3465846.95, "trend": 20.895106, "fair_value": 22.525944, "relative_strength": -2.142343, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.618811, "energy": 73.552705, "activity_lines": [ 19.603174, 20.265316, 20.760154, 20.834408 ] }, { "date": "2023-09-01", "close": 20.619558, "volume": 4831948, "typical_volume": 3600188.05, "trend": 20.90655, "fair_value": 22.513235, "relative_strength": 4.004484, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.962859, "energy": 56.577948, "activity_lines": [ 19.820707, 20.24097, 20.739606, 20.816631 ] }, { "date": "2023-09-08", "close": 19.817635, "volume": 4393586, "typical_volume": 3704022.35, "trend": 20.873637, "fair_value": 22.495383, "relative_strength": 0.19718, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.798513, "energy": 47.119495, "activity_lines": [ 19.8416, 20.087121, 20.644827, 20.746378 ] }, { "date": "2023-09-15", "close": 20.481295, "volume": 3927160, "typical_volume": 3670267.95, "trend": 20.874091, "fair_value": 22.482133, "relative_strength": 3.284093, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.276381, "energy": 29.775777, "activity_lines": [ 20.068966, 20.090976, 20.614092, 20.721066 ] }, { "date": "2023-09-22", "close": 20.564253, "volume": 3163254, "typical_volume": 3749326.95, "trend": 20.85938, "fair_value": 22.469597, "relative_strength": 2.921276, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.129364, "energy": 18.15893, "activity_lines": [ 20.2908, 20.13522, 20.588414, 20.701076 ] }, { "date": "2023-09-29", "close": 20.942171, "volume": 2496845, "typical_volume": 3709108.65, "trend": 20.83265, "fair_value": 22.459679, "relative_strength": 5.189307, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.319368, "energy": 15.525256, "activity_lines": [ 20.577772, 20.269795, 20.596315, 20.706418 ] }, { "date": "2023-10-13", "close": 20.859213, "volume": 3852030, "typical_volume": 3736756.85, "trend": 20.809841, "fair_value": 22.449353, "relative_strength": 5.118594, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.79306, "energy": 16.705154, "activity_lines": [ 20.702516, 20.38493, 20.588629, 20.708132 ] }, { "date": "2023-10-20", "close": 19.329107, "volume": 4155221, "typical_volume": 3699228.35, "trend": 20.750615, "fair_value": 22.429352, "relative_strength": 0.643826, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.663773, "energy": 19.63363, "activity_lines": [ 20.301247, 20.23678, 20.435394, 20.6126 ] }, { "date": "2023-10-27", "close": 20.472078, "volume": 3613926, "typical_volume": 3649444.2, "trend": 20.718244, "fair_value": 22.364025, "relative_strength": 5.22976, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.734174, "energy": 12.75773, "activity_lines": [ 20.313537, 20.301303, 20.405162, 20.59463 ] }, { "date": "2023-11-03", "close": 20.167898, "volume": 5407507, "typical_volume": 3734408.0, "trend": 20.696096, "fair_value": 22.290257, "relative_strength": 3.375537, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.185342, "energy": 21.690761, "activity_lines": [ 20.225048, 20.301637, 20.353798, 20.559124 ] }, { "date": "2023-11-10", "close": 20.831562, "volume": 3736436, "typical_volume": 3772927.0, "trend": 20.69303, "fair_value": 22.225224, "relative_strength": 6.569419, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.210204, "energy": 14.105273, "activity_lines": [ 20.384204, 20.413253, 20.372233, 20.567864 ] }, { "date": "2023-11-17", "close": 20.840778, "volume": 3008046, "typical_volume": 3842820.55, "trend": 20.685409, "fair_value": 22.149793, "relative_strength": 6.070324, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.409443, "energy": 7.659492, "activity_lines": [ 20.553806, 20.491854, 20.396977, 20.577396 ] }, { "date": "2023-11-24", "close": 21.043564, "volume": 3298974, "typical_volume": 3830107.25, "trend": 20.720408, "fair_value": 22.079741, "relative_strength": 7.446883, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.266936, "energy": 18.277247, "activity_lines": [ 20.792233, 20.603302, 20.44425, 20.600503 ] }, { "date": "2023-12-01", "close": 21.255566, "volume": 5124980, "typical_volume": 3900174.9, "trend": 20.76612, "fair_value": 21.99611, "relative_strength": 8.809178, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.552513, "energy": 30.035831, "activity_lines": [ 20.987029, 20.731006, 20.515576, 20.635029 ] }, { "date": "2023-12-08", "close": 19.87294, "volume": 6250882, "typical_volume": 4043875.35, "trend": 20.759971, "fair_value": 21.901834, "relative_strength": 3.776315, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.954166, "energy": 17.125349, "activity_lines": [ 20.668718, 20.593246, 20.458164, 20.577404 ] }, { "date": "2023-12-15", "close": 19.522676, "volume": 5496936, "typical_volume": 4148449.75, "trend": 20.766458, "fair_value": 21.782791, "relative_strength": 2.81741, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.862843, "energy": 26.761779, "activity_lines": [ 20.253316, 20.404371, 20.376348, 20.497579 ] }, { "date": "2023-12-22", "close": 18.803709, "volume": 4017336, "typical_volume": 4150421.9, "trend": 20.696709, "fair_value": 21.690567, "relative_strength": -0.083773, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.531965, "energy": 61.02375, "activity_lines": [ 19.685518, 20.110584, 20.231677, 20.37095 ] }, { "date": "2023-12-29", "close": 19.448935, "volume": 3342493, "typical_volume": 4073049.45, "trend": 20.601667, "fair_value": 21.602996, "relative_strength": 1.190149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.054058, "energy": 61.713914, "activity_lines": [ 19.468599, 19.971484, 20.16215, 20.290449 ] }, { "date": "2024-01-05", "close": 19.725458, "volume": 3354861, "typical_volume": 4039320.25, "trend": 20.52192, "fair_value": 21.517313, "relative_strength": 4.058804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.301888, "energy": 63.218743, "activity_lines": [ 19.450163, 19.880481, 20.119662, 20.233919 ] }, { "date": "2024-01-12", "close": 19.190844, "volume": 3243997, "typical_volume": 4021704.45, "trend": 20.443194, "fair_value": 21.442452, "relative_strength": 2.611101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.706935, "energy": 62.742604, "activity_lines": [ 19.35553, 19.705852, 20.027487, 20.148043 ] }, { "date": "2024-01-19", "close": 17.780569, "volume": 2721622, "typical_volume": 3971902.0, "trend": 20.30348, "fair_value": 21.376592, "relative_strength": -3.374778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.339451, "energy": 73.003231, "activity_lines": [ 18.836278, 19.292573, 19.803194, 19.976261 ] }, { "date": "2024-01-26", "close": 17.135342, "volume": 4685528, "typical_volume": 3964581.0, "trend": 20.157454, "fair_value": 21.312859, "relative_strength": -9.391661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.036575, "energy": 83.598341, "activity_lines": [ 18.218091, 18.817452, 19.522895, 19.771865 ] }, { "date": "2024-02-02", "close": 14.29635, "volume": 4812355, "typical_volume": 3985519.45, "trend": 19.905509, "fair_value": 21.247762, "relative_strength": -19.256953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.481816, "energy": 96.394342, "activity_lines": [ 16.764798, 17.893523, 18.988806, 19.393729 ] }, { "date": "2024-02-09", "close": 13.420687, "volume": 7312040, "typical_volume": 4154763.45, "trend": 19.62376, "fair_value": 21.179637, "relative_strength": -27.46372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.544614, "energy": 96.64792, "activity_lines": [ 15.363123, 16.933059, 18.397613, 18.975353 ] }, { "date": "2024-02-23", "close": 15.144361, "volume": 4018019, "typical_volume": 4197501.7, "trend": 19.403462, "fair_value": 21.128479, "relative_strength": -21.620308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.999134, "energy": 87.796887, "activity_lines": [ 14.956324, 16.428443, 18.004201, 18.68636 ] }, { "date": "2024-03-01", "close": 15.808021, "volume": 7756748, "typical_volume": 4460496.85, "trend": 19.240312, "fair_value": 21.08485, "relative_strength": -18.509434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.986454, "energy": 79.855375, "activity_lines": [ 15.04051, 16.130466, 17.699804, 18.454396 ] }, { "date": "2024-03-08", "close": 15.549931, "volume": 2809664, "typical_volume": 4408378.55, "trend": 19.035991, "fair_value": 21.045888, "relative_strength": -20.022041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.143811, "energy": 58.946315, "activity_lines": [ 15.17017, 15.853103, 17.395275, 18.216307 ] }, { "date": "2024-03-15", "close": 16.314983, "volume": 2447152, "typical_volume": 4322975.1, "trend": 18.92661, "fair_value": 21.005279, "relative_strength": -16.022314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.371733, "energy": 45.458873, "activity_lines": [ 15.660541, 15.774, 17.188891, 18.040758 ] }, { "date": "2024-03-22", "close": 16.70212, "volume": 3244405, "typical_volume": 4304499.05, "trend": 18.817229, "fair_value": 20.960889, "relative_strength": -13.532275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.305015, "energy": 31.044101, "activity_lines": [ 16.145382, 15.822266, 17.03373, 17.897243 ] }, { "date": "2024-03-29", "close": 16.480896, "volume": 3086733, "typical_volume": 4188460.35, "trend": 18.711535, "fair_value": 20.916001, "relative_strength": -14.205353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.06548, "energy": 24.993824, "activity_lines": [ 16.337719, 15.88528, 16.875452, 17.746511 ] }, { "date": "2024-04-05", "close": 16.711336, "volume": 1959655, "typical_volume": 4099621.3, "trend": 18.637795, "fair_value": 20.864948, "relative_strength": -13.507671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.799708, "energy": 21.774174, "activity_lines": [ 16.517768, 16.039464, 16.756677, 17.617466 ] }, { "date": "2024-04-12", "close": 15.430102, "volume": 3023144, "typical_volume": 4100376.2, "trend": 18.464813, "fair_value": 20.819988, "relative_strength": -18.508762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.887712, "energy": 25.201787, "activity_lines": [ 16.210518, 15.980136, 16.535501, 17.410518 ] }, { "date": "2024-04-19", "close": 14.287131, "volume": 4178327, "typical_volume": 4144343.85, "trend": 18.280463, "fair_value": 20.759601, "relative_strength": -25.299576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.177884, "energy": 39.430617, "activity_lines": [ 15.530266, 15.744, 16.231236, 17.140991 ] }, { "date": "2024-04-26", "close": 15.10749, "volume": 3231834, "typical_volume": 4049686.55, "trend": 18.101336, "fair_value": 20.707919, "relative_strength": -21.263432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.92343, "energy": 38.699358, "activity_lines": [ 15.258657, 15.657188, 16.037273, 16.936283 ] }, { "date": "2024-05-03", "close": 15.586802, "volume": 2457265, "typical_volume": 3860005.7, "trend": 17.935421, "fair_value": 20.664367, "relative_strength": -18.9289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.000346, "energy": 38.900189, "activity_lines": [ 15.253127, 15.626855, 15.918236, 16.774055 ] }, { "date": "2024-05-10", "close": 16.342634, "volume": 3181947, "typical_volume": 3744256.25, "trend": 17.782103, "fair_value": 20.628359, "relative_strength": -16.12836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.242657, "energy": 33.806014, "activity_lines": [ 15.559147, 15.725901, 15.891592, 16.671294 ] }, { "date": "2024-05-17", "close": 16.121416, "volume": 2247627, "typical_volume": 3655770.8, "trend": 17.624176, "fair_value": 20.588061, "relative_strength": -17.016507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.588235, "energy": 21.295406, "activity_lines": [ 15.816009, 15.775005, 15.859024, 16.564153 ] }, { "date": "2024-05-24", "close": 15.402448, "volume": 1818186, "typical_volume": 3579555.45, "trend": 17.493288, "fair_value": 20.534076, "relative_strength": -18.811779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.029469, "energy": 20.313942, "activity_lines": [ 15.787127, 15.682997, 15.770755, 16.420816 ] }, { "date": "2024-05-31", "close": 15.116707, "volume": 2097294, "typical_volume": 3516677.1, "trend": 17.314775, "fair_value": 20.455852, "relative_strength": -19.896954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.301325, "energy": 24.232462, "activity_lines": [ 15.588643, 15.555628, 15.674542, 16.267488 ] }, { "date": "2024-06-07", "close": 13.503644, "volume": 4196340, "typical_volume": 3564294.25, "trend": 17.092633, "fair_value": 20.383317, "relative_strength": -27.033726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.56011, "energy": 54.275503, "activity_lines": [ 14.851857, 15.1638, 15.44665, 16.021609 ] }, { "date": "2024-06-14", "close": 13.96452, "volume": 2204078, "typical_volume": 3538417.05, "trend": 16.863732, "fair_value": 20.292593, "relative_strength": -23.535731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.025327, "energy": 65.517554, "activity_lines": [ 14.407574, 14.9099, 15.289733, 15.819795 ] }, { "date": "2024-06-21", "close": 14.019824, "volume": 2491774, "typical_volume": 3428729.35, "trend": 16.636367, "fair_value": 20.212336, "relative_strength": -21.852164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.895545, "energy": 67.600936, "activity_lines": [ 14.140266, 14.715997, 15.156255, 15.636317 ] }, { "date": "2024-06-28", "close": 13.678777, "volume": 2441701, "typical_volume": 3310196.65, "trend": 16.390874, "fair_value": 20.119665, "relative_strength": -22.439321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.227455, "energy": 71.174459, "activity_lines": [ 13.899382, 14.485727, 15.005132, 15.445505 ] }, { "date": "2024-07-05", "close": 13.153379, "volume": 1245135, "typical_volume": 3006851.4, "trend": 16.120801, "fair_value": 20.024144, "relative_strength": -24.421759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.747219, "energy": 67.071784, "activity_lines": [ 13.598277, 14.170991, 14.806911, 15.236634 ] }, { "date": "2024-07-12", "close": 13.503644, "volume": 1922195, "typical_volume": 2902060.2, "trend": 15.908491, "fair_value": 19.94506, "relative_strength": -22.390076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.669176, "energy": 53.827922, "activity_lines": [ 13.544816, 13.955469, 14.643323, 15.067785 ] }, { "date": "2024-07-19", "close": 13.134945, "volume": 1562905, "typical_volume": 2592368.05, "trend": 15.695567, "fair_value": 19.863471, "relative_strength": -24.180787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.024666, "energy": 60.418097, "activity_lines": [ 13.368454, 13.710787, 14.452433, 14.888847 ] }, { "date": "2024-07-26", "close": 12.950594, "volume": 1430222, "typical_volume": 2523395.95, "trend": 15.500463, "fair_value": 19.770694, "relative_strength": -22.305224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.656218, "energy": 60.728786, "activity_lines": [ 13.185948, 13.490907, 14.256714, 14.711752 ] }, { "date": "2024-08-02", "close": 13.310077, "volume": 1634189, "typical_volume": 2482747.8, "trend": 15.295834, "fair_value": 19.670908, "relative_strength": -20.024218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.937934, "energy": 49.163525, "activity_lines": [ 13.194551, 13.39404, 14.10761, 14.570437 ] }, { "date": "2024-08-09", "close": 13.402252, "volume": 2347918, "typical_volume": 2437923.45, "trend": 15.085061, "fair_value": 19.581604, "relative_strength": -17.721914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.37251, "energy": 44.787326, "activity_lines": [ 13.258459, 13.351975, 13.981594, 14.44827 ] }, { "date": "2024-08-16", "close": 13.540513, "volume": 1128342, "typical_volume": 2340003.9, "trend": 14.896717, "fair_value": 19.494228, "relative_strength": -17.018137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.319033, "energy": 38.192083, "activity_lines": [ 13.351862, 13.36622, 13.884459, 14.348622 ] }, { "date": "2024-08-23", "close": 13.125727, "volume": 1074074, "typical_volume": 2295724.85, "trend": 14.741555, "fair_value": 19.410614, "relative_strength": -18.392058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.869755, "energy": 32.82128, "activity_lines": [ 13.304546, 13.304379, 13.761822, 14.234364 ] }, { "date": "2024-08-30", "close": 14.44383, "volume": 2853372, "typical_volume": 2287236.25, "trend": 14.651838, "fair_value": 19.341985, "relative_strength": -9.444259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.739054, "energy": 16.664905, "activity_lines": [ 13.697212, 13.497443, 13.781793, 14.215156 ] }, { "date": "2024-09-06", "close": 13.558949, "volume": 2188484, "typical_volume": 2187744.1, "trend": 14.627258, "fair_value": 19.266354, "relative_strength": -12.260703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.371854, "energy": 17.121626, "activity_lines": [ 13.695368, 13.521912, 13.722187, 14.144647 ] }, { "date": "2024-09-13", "close": 13.577385, "volume": 1781578, "typical_volume": 2115231.3, "trend": 14.632481, "fair_value": 19.186561, "relative_strength": -9.651114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.541963, "energy": 16.115912, "activity_lines": [ 13.683079, 13.551911, 13.667804, 14.076914 ] }, { "date": "2024-09-20", "close": 13.236336, "volume": 1229730, "typical_volume": 2053854.55, "trend": 14.56888, "fair_value": 19.113605, "relative_strength": -12.512943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.921578, "energy": 18.616097, "activity_lines": [ 13.54543, 13.512191, 13.588226, 13.98684 ] }, { "date": "2024-09-27", "close": 14.987663, "volume": 2223549, "typical_volume": 2005934.65, "trend": 14.541535, "fair_value": 19.055174, "relative_strength": -11.662938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.523444, "energy": 6.410211, "activity_lines": [ 14.011836, 13.795755, 13.686634, 14.013858 ] }, { "date": "2024-10-04", "close": 16.738989, "volume": 1535008, "typical_volume": 1970303.7, "trend": 14.58117, "fair_value": 19.010455, "relative_strength": -8.205279, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.96151, "energy": 47.966204, "activity_lines": [ 14.937888, 14.364057, 13.958287, 14.155629 ] }, { "date": "2024-10-11", "close": 15.998423, "volume": 7052340, "typical_volume": 2232011.4, "trend": 14.570618, "fair_value": 18.960701, "relative_strength": -8.461269, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.679842, "energy": 52.231471, "activity_lines": [ 15.464074, 14.728829, 14.156469, 14.247065 ] }, { "date": "2024-10-18", "close": 16.661865, "volume": 4175249, "typical_volume": 2335909.15, "trend": 14.569277, "fair_value": 18.915893, "relative_strength": -5.394832, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.558845, "energy": 66.826958, "activity_lines": [ 16.048776, 15.165349, 14.414998, 14.381984 ] }, { "date": "2024-10-25", "close": 18.017181, "volume": 5062649, "typical_volume": 2379224.6, "trend": 14.620486, "fair_value": 18.886137, "relative_strength": 1.486651, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.314448, "energy": 76.14609, "activity_lines": [ 16.879618, 15.789024, 14.795247, 14.604429 ] }, { "date": "2024-11-01", "close": 17.713894, "volume": 5743262, "typical_volume": 2556183.8, "trend": 14.653905, "fair_value": 18.855419, "relative_strength": 1.117749, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.759605, "energy": 82.873033, "activity_lines": [ 17.290642, 16.276162, 15.125119, 14.804004 ] }, { "date": "2024-11-08", "close": 19.192421, "volume": 5950538, "typical_volume": 2729122.0, "trend": 14.779315, "fair_value": 18.833543, "relative_strength": 4.246528, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.043721, "energy": 88.7333, "activity_lines": [ 18.012758, 16.948702, 15.577948, 15.096812 ] }, { "date": "2024-11-15", "close": 17.827627, "volume": 6648599, "typical_volume": 2939466.9, "trend": 14.897332, "fair_value": 18.802977, "relative_strength": 0.914562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.889755, "energy": 75.226834, "activity_lines": [ 18.116382, 17.28676, 15.876166, 15.293477 ] }, { "date": "2024-11-22", "close": 17.495905, "volume": 5324492, "typical_volume": 3143434.75, "trend": 14.976946, "fair_value": 18.775143, "relative_strength": 1.503052, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.698431, "energy": 53.390987, "activity_lines": [ 17.987484, 17.486892, 16.123034, 15.461127 ] }, { "date": "2024-11-29", "close": 18.405767, "volume": 4177389, "typical_volume": 3256194.45, "trend": 15.070911, "fair_value": 18.756265, "relative_strength": 5.412115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.825246, "energy": 53.967015, "activity_lines": [ 18.106271, 17.781208, 16.435878, 15.682341 ] }, { "date": "2024-12-06", "close": 18.7754, "volume": 4098102, "typical_volume": 3382954.3, "trend": 15.152003, "fair_value": 18.736401, "relative_strength": 5.65613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.61807, "energy": 51.220649, "activity_lines": [ 18.322364, 18.04874, 16.760581, 15.92134 ] }, { "date": "2024-12-13", "close": 18.538456, "volume": 4568792, "typical_volume": 3539882.8, "trend": 15.232571, "fair_value": 18.710622, "relative_strength": 5.173194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.159685, "energy": 47.15217, "activity_lines": [ 18.388708, 18.204323, 17.035858, 16.139821 ] }, { "date": "2024-12-20", "close": 18.178305, "volume": 4533413, "typical_volume": 3684844.0, "trend": 15.3251, "fair_value": 18.681783, "relative_strength": 4.33674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.587961, "energy": 43.441049, "activity_lines": [ 18.378599, 18.261707, 17.250227, 16.329868 ] }, { "date": "2024-12-27", "close": 17.221052, "volume": 4376108, "typical_volume": 3786253.5, "trend": 15.395245, "fair_value": 18.642931, "relative_strength": -1.582666, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.77738, "energy": 32.315148, "activity_lines": [ 18.026028, 18.105411, 17.350247, 16.452188 ] }, { "date": "2025-01-03", "close": 16.282755, "volume": 3131861, "typical_volume": 3886429.45, "trend": 15.487882, "fair_value": 18.599801, "relative_strength": -0.933613, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.707576, "energy": 18.177959, "activity_lines": [ 17.379014, 17.768348, 17.34272, 16.509447 ] }, { "date": "2025-01-10", "close": 16.169022, "volume": 3051107, "typical_volume": 3985281.1, "trend": 15.561365, "fair_value": 18.562015, "relative_strength": 0.321392, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.628316, "energy": 19.857324, "activity_lines": [ 16.835623, 17.442141, 17.311304, 16.553391 ] }, { "date": "2025-01-17", "close": 16.946196, "volume": 2846089, "typical_volume": 3984916.95, "trend": 15.658911, "fair_value": 18.528922, "relative_strength": 3.325335, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.876537, "energy": 18.478464, "activity_lines": [ 16.725049, 17.285327, 17.339412, 16.642735 ] }, { "date": "2025-01-24", "close": 17.931292, "volume": 4968669, "typical_volume": 4123926.2, "trend": 15.800661, "fair_value": 18.5033, "relative_strength": 9.286311, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.080151, "energy": 17.856012, "activity_lines": [ 17.048991, 17.348463, 17.449423, 16.78934 ] }, { "date": "2025-01-31", "close": 18.378845, "volume": 966211, "typical_volume": 4083157.85, "trend": 15.974844, "fair_value": 18.473953, "relative_strength": 12.183877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.396177, "energy": 21.69325, "activity_lines": [ 17.538585, 17.491086, 17.581237, 16.955675 ] }, { "date": "2025-02-07", "close": 18.388575, "volume": 2476809, "typical_volume": 4145511.8, "trend": 16.137675, "fair_value": 18.444957, "relative_strength": 10.301595, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 45.775335, "energy": 33.050478, "activity_lines": [ 17.954236, 17.619426, 17.691113, 17.111399 ] }, { "date": "2025-02-14", "close": 18.631811, "volume": 3835405, "typical_volume": 4226104.6, "trend": 16.320904, "fair_value": 18.411216, "relative_strength": 9.952231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.085904, "energy": 53.317117, "activity_lines": [ 18.310578, 17.792302, 17.799621, 17.272311 ] }, { "date": "2025-02-21", "close": 19.137737, "volume": 4954767, "typical_volume": 4397092.55, "trend": 16.527142, "fair_value": 18.388874, "relative_strength": 11.591037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.653159, "energy": 65.174679, "activity_lines": [ 18.671376, 18.059776, 17.938959, 17.454042 ] }, { "date": "2025-02-28", "close": 18.388575, "volume": 4538281, "typical_volume": 4271389.6, "trend": 16.696425, "fair_value": 18.373877, "relative_strength": 8.972319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.817961, "energy": 57.45776, "activity_lines": [ 18.63635, 18.180143, 17.995525, 17.574135 ] }, { "date": "2025-03-07", "close": 19.059902, "volume": 5540275, "typical_volume": 4339640.9, "trend": 16.885013, "fair_value": 18.364803, "relative_strength": 10.991321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.064934, "energy": 53.536087, "activity_lines": [ 18.794615, 18.418745, 18.104646, 17.726617 ] }, { "date": "2025-03-14", "close": 19.215574, "volume": 4739120, "typical_volume": 4323464.45, "trend": 17.074182, "fair_value": 18.354529, "relative_strength": 10.243488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.44633, "energy": 46.783217, "activity_lines": [ 18.959366, 18.652219, 18.217174, 17.876976 ] }, { "date": "2025-03-21", "close": 18.524786, "volume": 4092238, "typical_volume": 4240913.25, "trend": 17.254151, "fair_value": 18.340405, "relative_strength": 7.998511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.57632, "energy": 35.288744, "activity_lines": [ 18.838721, 18.70677, 18.258205, 17.970563 ] }, { "date": "2025-03-28", "close": 18.184258, "volume": 4338190, "typical_volume": 4160295.85, "trend": 17.378832, "fair_value": 18.316752, "relative_strength": 6.438355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.761276, "energy": 27.145377, "activity_lines": [ 18.611702, 18.656575, 18.262944, 18.03057 ] }, { "date": "2025-04-04", "close": 19.118279, "volume": 3851698, "typical_volume": 4020450.8, "trend": 17.564143, "fair_value": 18.304524, "relative_strength": 12.10017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.119562, "energy": 31.694108, "activity_lines": [ 18.759589, 18.753692, 18.361438, 18.142793 ] }, { "date": "2025-04-11", "close": 17.746433, "volume": 6207742, "typical_volume": 4064613.3, "trend": 17.703111, "fair_value": 18.285064, "relative_strength": 7.241643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.703694, "energy": 13.211576, "activity_lines": [ 18.401547, 18.579801, 18.323134, 18.154553 ] }, { "date": "2025-04-18", "close": 18.174528, "volume": 3708909, "typical_volume": 4041189.3, "trend": 17.867717, "fair_value": 18.270257, "relative_strength": 8.177583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.241848, "energy": 14.976192, "activity_lines": [ 18.273767, 18.495244, 18.324408, 18.184967 ] }, { "date": "2025-04-25", "close": 18.680458, "volume": 3462806, "typical_volume": 4009424.5, "trend": 17.99081, "fair_value": 18.257016, "relative_strength": 10.248747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.671033, "energy": 13.902125, "activity_lines": [ 18.384034, 18.506566, 18.374967, 18.237402 ] }, { "date": "2025-05-02", "close": 19.585291, "volume": 4095820, "typical_volume": 3985775.9, "trend": 18.085687, "fair_value": 18.249921, "relative_strength": 15.741575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.898295, "energy": 25.564447, "activity_lines": [ 18.785534, 18.681518, 18.512152, 18.340272 ] }, { "date": "2025-05-09", "close": 21.501986, "volume": 8807472, "typical_volume": 4199478.85, "trend": 18.269139, "fair_value": 18.262865, "relative_strength": 24.094823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.031964, "energy": 67.263598, "activity_lines": [ 19.73253, 19.196823, 18.826896, 18.560678 ] }, { "date": "2025-05-16", "close": 21.988455, "volume": 6419347, "typical_volume": 4301640.8, "trend": 18.446692, "fair_value": 18.286505, "relative_strength": 25.283738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.242124, "energy": 81.119527, "activity_lines": [ 20.682769, 19.74397, 19.172142, 18.800634 ] }, { "date": "2025-05-23", "close": 22.38736, "volume": 10531244, "typical_volume": 4671609.95, "trend": 18.592365, "fair_value": 18.323866, "relative_strength": 27.484335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.791384, "energy": 84.942034, "activity_lines": [ 21.483175, 20.310398, 19.532677, 19.054871 ] }, { "date": "2025-05-30", "close": 24.17757, "volume": 9137810, "typical_volume": 4975945.1, "trend": 18.807821, "fair_value": 18.370332, "relative_strength": 36.55071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.246065, "energy": 93.361988, "activity_lines": [ 22.599461, 21.14465, 20.034639, 19.415207 ] }, { "date": "2025-06-06", "close": 26.327768, "volume": 8130557, "typical_volume": 5240168.5, "trend": 19.045666, "fair_value": 18.428556, "relative_strength": 45.261267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.485447, "energy": 96.738388, "activity_lines": [ 24.066006, 22.267069, 20.703246, 19.900365 ] }, { "date": "2025-06-13", "close": 26.645527, "volume": 8341974, "typical_volume": 5408833.75, "trend": 19.339596, "fair_value": 18.489048, "relative_strength": 45.659467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.91586, "energy": 95.059075, "activity_lines": [ 25.188973, 23.299199, 21.357442, 20.390678 ] }, { "date": "2025-06-20", "close": 26.1598, "volume": 9082758, "typical_volume": 5814661.1, "trend": 19.628392, "fair_value": 18.550823, "relative_strength": 42.162614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.543506, "energy": 90.253343, "activity_lines": [ 25.807127, 24.106156, 21.923881, 20.830691 ] }, { "date": "2025-06-27", "close": 27.071775, "volume": 8508392, "typical_volume": 6116240.25, "trend": 19.917259, "fair_value": 18.606007, "relative_strength": 42.702985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.595401, "energy": 89.762285, "activity_lines": [ 26.451184, 24.925956, 22.540123, 21.31091 ] }, { "date": "2025-07-04", "close": 29.728397, "volume": 13263647, "typical_volume": 6587652.35, "trend": 20.282359, "fair_value": 18.685162, "relative_strength": 52.366526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.550029, "energy": 85.698075, "activity_lines": [ 27.668487, 26.06701, 23.368028, 21.943886 ] }, { "date": "2025-07-11", "close": 32.464321, "volume": 10904232, "typical_volume": 6885125.6, "trend": 20.746554, "fair_value": 18.779599, "relative_strength": 61.986584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.575996, "energy": 90.655784, "activity_lines": [ 29.42771, 27.504633, 24.403657, 22.729819 ] }, { "date": "2025-07-18", "close": 34.248619, "volume": 9534014, "typical_volume": 7134912.25, "trend": 21.282232, "fair_value": 18.882023, "relative_strength": 66.745932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.582733, "energy": 95.464854, "activity_lines": [ 31.372595, 29.03251, 25.545758, 23.60092 ] }, { "date": "2025-07-25", "close": 36.597946, "volume": 10270239, "typical_volume": 7371410.45, "trend": 21.928128, "fair_value": 19.002079, "relative_strength": 72.003236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.08458, "energy": 96.733999, "activity_lines": [ 33.593716, 30.755781, 26.836081, 24.589031 ] }, { "date": "2025-08-01", "close": 38.372334, "volume": 9331631, "typical_volume": 7601036.0, "trend": 22.664447, "fair_value": 19.129943, "relative_strength": 78.457556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.215767, "energy": 96.634898, "activity_lines": [ 35.710423, 32.53604, 28.211879, 25.649947 ] }, { "date": "2025-08-08", "close": 36.657425, "volume": 14753883, "typical_volume": 8134118.25, "trend": 23.347394, "fair_value": 19.246347, "relative_strength": 64.133576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.249772, "energy": 85.329766, "activity_lines": [ 36.502124, 33.713862, 29.33313, 26.55272 ] }, { "date": "2025-08-15", "close": 38.699455, "volume": 11181775, "typical_volume": 8476297.5, "trend": 24.072503, "fair_value": 19.371224, "relative_strength": 67.366809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.068879, "energy": 72.029083, "activity_lines": [ 37.512566, 35.036055, 30.562513, 27.543176 ] }, { "date": "2025-08-22", "close": 42.28788, "volume": 9630368, "typical_volume": 8765231.0, "trend": 24.884389, "fair_value": 19.522727, "relative_strength": 73.280869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.444205, "energy": 75.573354, "activity_lines": [ 39.303474, 36.78575, 32.03596, 28.718361 ] }, { "date": "2025-08-29", "close": 55.412388, "volume": 19737210, "typical_volume": 9441704.4, "trend": 26.11884, "fair_value": 19.757894, "relative_strength": 119.03835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.901845, "energy": 79.040316, "activity_lines": [ 44.933267, 40.637312, 34.649029, 30.68791 ] }, { "date": "2025-09-05", "close": 56.611832, "volume": 13861597, "typical_volume": 9949338.8, "trend": 27.392949, "fair_value": 19.996659, "relative_strength": 120.026954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.062182, "energy": 90.82348, "activity_lines": [ 49.708579, 44.17509, 37.196969, 32.6552 ] }, { "date": "2025-09-12", "close": 66.663383, "volume": 13701152, "typical_volume": 10461256.1, "trend": 28.994001, "fair_value": 20.304298, "relative_strength": 146.629781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.664668, "energy": 98.229261, "activity_lines": [ 56.618441, 49.00333, 40.519165, 35.188776 ] }, { "date": "2025-09-19", "close": 61.617779, "volume": 10878175, "typical_volume": 10800373.85, "trend": 30.410003, "fair_value": 20.587308, "relative_strength": 124.010264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.781118, "energy": 90.442077, "activity_lines": [ 59.846039, 52.242643, 43.132336, 37.293536 ] }, { "date": "2025-09-26", "close": 56.790264, "volume": 8057592, "typical_volume": 10762879.85, "trend": 31.690059, "fair_value": 20.832477, "relative_strength": 100.678234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.481194, "energy": 70.964076, "activity_lines": [ 59.936576, 54.074163, 45.08559, 38.995488 ] }, { "date": "2025-10-03", "close": 59.833481, "volume": 2684457, "typical_volume": 10576135.35, "trend": 33.049178, "fair_value": 21.098556, "relative_strength": 102.967402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.984088, "energy": 67.806885, "activity_lines": [ 60.074693, 56.049147, 47.160635, 40.811193 ] }, { "date": "2025-10-10", "close": 58.94133, "volume": 2808085, "typical_volume": 10189977.4, "trend": 34.37337, "fair_value": 21.364409, "relative_strength": 94.215427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.673704, "energy": 65.041943, "activity_lines": [ 59.620687, 57.439458, 48.970498, 42.481654 ] }, { "date": "2025-10-17", "close": 54.459999, "volume": 5894488, "typical_volume": 10027811.3, "trend": 35.571211, "fair_value": 21.605685, "relative_strength": 78.133978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.719969, "energy": 55.430387, "activity_lines": [ 57.517604, 57.640999, 50.179501, 43.777566 ] }, { "date": "2025-10-24", "close": 55.66, "volume": 7927947, "typical_volume": 10017680.8, "trend": 36.820402, "fair_value": 21.849336, "relative_strength": 73.350584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.532255, "energy": 49.669988, "activity_lines": [ 56.628081, 57.737039, 51.358588, 45.073617 ] }, { "date": "2025-10-31", "close": 51.689999, "volume": 9560956, "typical_volume": 10078629.9, "trend": 37.906126, "fair_value": 22.055791, "relative_strength": 57.942773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.57523, "energy": 36.705426, "activity_lines": [ 54.812409, 56.802888, 52.019903, 46.032945 ] }, { "date": "2025-11-07", "close": 51.57, "volume": 7876115, "typical_volume": 10018297.75, "trend": 39.033578, "fair_value": 22.246983, "relative_strength": 53.275517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.617397, "energy": 25.822317, "activity_lines": [ 53.296755, 55.67597, 52.550529, 46.914486 ] }, { "date": "2025-11-14", "close": 56.0, "volume": 12327302, "typical_volume": 10209243.25, "trend": 40.294427, "fair_value": 22.473176, "relative_strength": 63.494034, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.772089, "energy": 26.490382, "activity_lines": [ 53.808666, 55.424369, 53.38206, 48.009094 ] }, { "date": "2025-11-21", "close": 50.099998, "volume": 6112216, "typical_volume": 9851671.7, "trend": 41.341745, "fair_value": 22.660555, "relative_strength": 49.619367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.083878, "energy": 21.229001, "activity_lines": [ 52.549999, 54.111164, 53.513932, 48.641711 ] }, { "date": "2025-11-28", "close": 50.450001, "volume": 7327318, "typical_volume": 9672826.0, "trend": 42.370569, "fair_value": 22.854853, "relative_strength": 46.188154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.188186, "energy": 16.409248, "activity_lines": [ 51.698666, 53.162749, 53.58213, 49.22934 ] }, { "date": "2025-12-05", "close": 51.93, "volume": 4328716, "typical_volume": 9412561.1, "trend": 43.384836, "fair_value": 23.05186, "relative_strength": 47.439866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.290151, "energy": 13.616413, "activity_lines": [ 51.688, 52.686475, 53.705634, 49.846078 ] }, { "date": "2025-12-12", "close": 50.470001, "volume": 4893295, "typical_volume": 9143713.9, "trend": 44.334221, "fair_value": 23.247572, "relative_strength": 41.525456, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.643702, "energy": 16.270326, "activity_lines": [ 51.174667, 52.033115, 53.605894, 50.303185 ] }, { "date": "2025-12-19", "close": 48.200001, "volume": 5948979, "typical_volume": 8974581.3, "trend": 45.194642, "fair_value": 23.426629, "relative_strength": 33.168835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.197169, "energy": 12.309719, "activity_lines": [ 49.978001, 51.137273, 53.223906, 50.55259 ] }, { "date": "2025-12-26", "close": 54.599998, "volume": 11541180, "typical_volume": 8813946.15, "trend": 46.208723, "fair_value": 23.648056, "relative_strength": 45.445262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.787104, "energy": 11.131098, "activity_lines": [ 51.434667, 51.600363, 53.404642, 51.159388 ] }, { "date": "2026-01-02", "close": 48.080002, "volume": 7223967, "typical_volume": 8616055.75, "trend": 46.933798, "fair_value": 23.827863, "relative_strength": 26.106817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.890792, "energy": 7.490914, "activity_lines": [ 50.418, 50.875455, 52.878987, 51.280115 ] }, { "date": "2026-01-09", "close": 48.029999, "volume": 10180581, "typical_volume": 8643566.4, "trend": 47.646614, "fair_value": 24.015181, "relative_strength": 19.76987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.090269, "energy": 9.353222, "activity_lines": [ 49.542667, 50.279273, 52.303899, 51.350838 ] }, { "date": "2026-01-16", "close": 47.669998, "volume": 11050384, "typical_volume": 8209225.1, "trend": 48.36362, "fair_value": 24.207438, "relative_strength": 17.918833, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.189249, "energy": 9.121731, "activity_lines": [ 48.807333, 49.684182, 51.667182, 51.352347 ] }, { "date": "2026-01-23", "close": 45.0, "volume": 11022287, "typical_volume": 8067259.6, "trend": 48.961228, "fair_value": 24.376852, "relative_strength": 9.248356, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.353796, "energy": 41.270711, "activity_lines": [ 47.368666, 48.674545, 50.813049, 51.135339 ] }, { "date": "2026-01-30", "close": 42.799999, "volume": 7828529, "typical_volume": 7773628.45, "trend": 49.396948, "fair_value": 24.531872, "relative_strength": 3.420418, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.5885, "energy": 54.705464, "activity_lines": [ 45.409999, 47.464909, 49.804686, 50.73784 ] }, { "date": "2026-02-06", "close": 42.540001, "volume": 6138761, "typical_volume": 7536657.75, "trend": 49.732804, "fair_value": 24.6809, "relative_strength": 3.1495, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.087363, "energy": 59.659798, "activity_lines": [ 44.151333, 46.340727, 48.885196, 50.295456 ] }, { "date": "2026-02-13", "close": 43.150002, "volume": 5484698, "typical_volume": 7408013.05, "trend": 50.029516, "fair_value": 24.827527, "relative_strength": 3.226799, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.775628, "energy": 71.130316, "activity_lines": [ 43.465334, 45.471273, 48.114648, 49.87076 ] }, { "date": "2026-02-27", "close": 43.73, "volume": 4679685, "typical_volume": 7507774.45, "trend": 50.267252, "fair_value": 24.974482, "relative_strength": 1.659341, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.920994, "energy": 69.487375, "activity_lines": [ 43.298001, 44.866909, 47.464292, 49.464339 ] }, { "date": "2026-03-06", "close": 41.66, "volume": 6460764, "typical_volume": 7690408.4, "trend": 50.376841, "fair_value": 25.11033, "relative_strength": -3.067675, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.094016, "energy": 66.703324, "activity_lines": [ 42.703334, 44.008727, 46.693476, 48.909033 ] }, { "date": "2026-03-13", "close": 40.700001, "volume": 4536110, "typical_volume": 7622489.5, "trend": 50.511593, "fair_value": 25.236577, "relative_strength": -5.385065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.799537, "energy": 64.75821, "activity_lines": [ 42.011334, 43.094909, 45.913524, 48.28472 ] }, { "date": "2026-03-20", "close": 37.169998, "volume": 4381082, "typical_volume": 7445146.25, "trend": 50.460611, "fair_value": 25.335461, "relative_strength": -11.182865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.791028, "energy": 73.452542, "activity_lines": [ 40.282666, 41.792, 44.862905, 47.423972 ] }, { "date": "2026-03-27", "close": 36.650002, "volume": 7782654, "typical_volume": 7356231.15, "trend": 50.272682, "fair_value": 25.432297, "relative_strength": -12.072838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.071191, "energy": 79.843861, "activity_lines": [ 38.738667, 40.592909, 43.85081, 46.532965 ] }, { "date": "2026-04-03", "close": 36.220001, "volume": 11432358, "typical_volume": 7534043.3, "trend": 49.632936, "fair_value": 25.529183, "relative_strength": -12.965653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.420858, "energy": 85.023811, "activity_lines": [ 37.484667, 39.522546, 42.869381, 45.626341 ] }, { "date": "2026-04-10", "close": 38.07, "volume": 5916362, "typical_volume": 7213496.3, "trend": 49.014875, "fair_value": 25.635765, "relative_strength": -11.563038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.85798, "energy": 83.554216, "activity_lines": [ 37.348, 38.996728, 42.137238, 44.880345 ] }, { "date": "2026-04-17", "close": 38.040001, "volume": 6553920, "typical_volume": 7235581.5, "trend": 48.060762, "fair_value": 25.74607, "relative_strength": -13.655874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.870845, "energy": 77.816786, "activity_lines": [ 37.440667, 38.591455, 41.487619, 44.172289 ] }, { "date": "2026-04-24", "close": 36.663811, "volume": 5952032, "typical_volume": 7166817.2, "trend": 47.228963, "fair_value": 25.846969, "relative_strength": -17.860091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.414433, "energy": 65.839942, "activity_lines": [ 37.251938, 38.022512, 40.764363, 43.437001 ] }, { "date": "2026-05-01", "close": 35.112312, "volume": 5655885, "typical_volume": 7233175.65, "trend": 46.506365, "fair_value": 25.936988, "relative_strength": -22.344782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.820126, "energy": 62.374132, "activity_lines": [ 36.579787, 37.278317, 39.958994, 42.655282 ] }, { "date": "2026-05-08", "close": 34.714741, "volume": 5089518, "typical_volume": 7242986.8, "trend": 45.669073, "fair_value": 26.031354, "relative_strength": -24.776102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.601872, "energy": 63.709829, "activity_lines": [ 35.877626, 36.607977, 39.195845, 41.894532 ] }, { "date": "2026-05-15", "close": 31.155996, "volume": 8517645, "typical_volume": 7371420.1, "trend": 44.742895, "fair_value": 26.10361, "relative_strength": -31.890585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.888151, "energy": 77.043042, "activity_lines": [ 34.089567, 35.454506, 38.168793, 40.958204 ] }, { "date": "2026-05-22", "close": 30.060251, "volume": 6781114, "typical_volume": 7133416.8, "trend": 43.92957, "fair_value": 26.16773, "relative_strength": -34.016002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.918202, "energy": 88.248319, "activity_lines": [ 32.397193, 34.29279, 37.118546, 40.010937 ] }, { "date": "2026-05-29", "close": 28.149971, "volume": 6235700, "typical_volume": 7084003.45, "trend": 43.012569, "fair_value": 26.224281, "relative_strength": -37.561166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.273161, "energy": 92.032965, "activity_lines": [ 30.600043, 32.977201, 36.003223, 38.992898 ] }, { "date": "2026-06-05", "close": 27.509979, "volume": 931674, "typical_volume": 6621558.1, "trend": 42.206569, "fair_value": 26.266677, "relative_strength": -38.320096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.712945, "energy": 92.759679, "activity_lines": [ 29.157151, 31.70925, 34.921854, 37.992731 ] }, { "date": "2026-06-12", "close": 26.734228, "volume": 1334743, "typical_volume": 6135776.05, "trend": 41.37871, "fair_value": 26.2951, "relative_strength": -39.996174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.961447, "energy": 91.787158, "activity_lines": [ 27.962498, 30.466436, 33.864319, 36.994516 ] }, { "date": "2026-06-19", "close": 26.860289, "volume": 3880777, "typical_volume": 5778700.55, "trend": 40.407386, "fair_value": 26.325501, "relative_strength": -40.44514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.118041, "energy": 89.379795, "activity_lines": [ 27.341899, 29.419011, 32.918483, 36.057843 ] }, { "date": "2026-06-26", "close": 24.52, "volume": 1137971, "typical_volume": 5444172.65, "trend": 39.554719, "fair_value": 26.344522, "relative_strength": -44.616704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.528348, "energy": 92.188537, "activity_lines": [ 26.227585, 28.149891, 31.836142, 35.032851 ] }, { "date": "2026-07-03", "close": 26.68, "volume": 1460822, "typical_volume": 5210275.7, "trend": 38.762386, "fair_value": 26.374702, "relative_strength": -39.844362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.183652, "energy": 82.160944, "activity_lines": [ 26.20262, 27.519317, 31.046563, 34.202224 ] }, { "date": "2026-07-10", "close": 24.459999, "volume": 6052974, "typical_volume": 5238689.5, "trend": 37.846719, "fair_value": 26.393573, "relative_strength": -43.954711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.856847, "energy": 75.469488, "activity_lines": [ 25.535653, 26.66663, 30.121079, 33.279489 ] }, { "date": "2026-07-17", "close": 23.379999, "volume": 7371257, "typical_volume": 5373268.1, "trend": 36.943719, "fair_value": 26.40335, "relative_strength": -42.821628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.009892, "energy": 72.011018, "activity_lines": [ 24.712019, 25.811258, 29.181738, 32.346152 ] }, { "date": "2026-07-24", "close": 22.299999, "volume": 7613183, "typical_volume": 5430889.05, "trend": 36.080386, "fair_value": 26.406087, "relative_strength": -45.809723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.424734, "energy": 71.691067, "activity_lines": [ 23.751999, 24.965608, 28.236445, 31.401396 ] }, { "date": "2026-07-31", "close": 23.41, "volume": 7105571, "typical_volume": 5559362.1, "trend": 35.040719, "fair_value": 26.416706, "relative_strength": -42.966204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.463769, "energy": 67.463113, "activity_lines": [ 23.465999, 24.482795, 27.489056, 30.583952 ] }, { "date": "2026-08-07", "close": 25.540001, "volume": 5932326, "typical_volume": 5636924.3, "trend": 34.289386, "fair_value": 26.447716, "relative_strength": -39.00839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.552338, "energy": 64.710906, "activity_lines": [ 23.964, 24.508169, 27.026859, 29.971002 ] } ], "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." } } }