{ "ticker": { "uuid": "5489f85c-5280-423f-9601-4420d55b6049", "symbol": "300573", "name": "Shenyang Xingqi Pharmaceutical 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": 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": -27.429, "architecture_energy": 16.033, "architecture_maturity": 81.471, "architecture_confidence": 76.817, "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": 42.95, "rotation_up": 33.05, "upward_expansion": 22.71, "deceleration": 40.87, "rotation_down": 22.62, "downward_expansion": 54.38 }, "activity_lines": [ 41.253334, 40.401091, 41.019608, 42.331286 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 42.610001, "trend_reference": 44.325328, "distance_from_trend": -0.038699, "trend_direction": "Weakening", "fair_value": 48.01403, "distance_from_fair_value": -0.112551, "fair_value_direction": "Weakening", "relative_strength": -9.613002, "relative_strength_direction": "Improving", "price_momentum": -0.098794, "excess_performance": -0.106194, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.038699, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.064366, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.112551, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.092314, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.09613, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.033279, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.098794, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.40051, "read": "Supply-led" } ], "volume": { "latest": 42105064, "relative_activity": 1.342909, "balance": 0.40051, "dry_up": 1.430321, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.08109, "annualized_volatility": 0.322818, "from_high_reference": -0.262411, "from_low_reference": 0.177072 }, "levels": { "trend_reference": 44.325328, "fair_value_reference": 48.01403, "structural_low": 36.200001, "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": 18, "median_return": 0.025794, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.000796, "regime_survival": 0.777778, "best_return": 0.459488, "worst_return": -0.220283, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.080527, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.016013, "regime_survival": 0.428571, "best_return": 0.482453, "worst_return": -0.172048, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.029415, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.14794, "regime_survival": 0.6, "best_return": 0.502586, "worst_return": -0.237178, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.300715, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.034549, "regime_survival": 0.333333, "best_return": 1.383829, "worst_return": -0.214739, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-29", "end": "2023-11-17", "tenure": "Developing", "return": 0.012438, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-11-24", "end": "2023-12-08", "tenure": "New", "return": 0.173535, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-15", "end": "2024-01-26", "tenure": "Developing", "return": -0.107712, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-02", "end": "2024-03-15", "tenure": "Developing", "return": 0.42553, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-06-21", "tenure": "Established", "return": 0.073696, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-26", "tenure": "Developing", "return": -0.281646, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": -0.292489, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2025-03-28", "tenure": "Extended", "return": -0.016117, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-07-25", "tenure": "Established", "return": 0.105617, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-11-28", "tenure": "Established", "return": 0.176655, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": 0.07277, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.069081, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": -0.054206, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": -0.074366, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 41.377693, "volume": 34193605, "typical_volume": 34867814.35, "trend": 37.867613, "fair_value": 29.496464, "relative_strength": 31.482765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.214447, "energy": 25.519752, "activity_lines": [ 44.277536, 45.337593, 43.340393, 40.804889 ] }, { "date": "2023-08-04", "close": 40.646114, "volume": 27626966, "typical_volume": 34299857.7, "trend": 38.252835, "fair_value": 29.495013, "relative_strength": 25.972162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.909636, "energy": 23.940654, "activity_lines": [ 42.527035, 44.479964, 43.377444, 40.984147 ] }, { "date": "2023-08-11", "close": 39.687809, "volume": 18292893, "typical_volume": 33234797.0, "trend": 38.546499, "fair_value": 29.446958, "relative_strength": 26.271546, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.011563, "energy": 23.108062, "activity_lines": [ 41.078828, 43.518431, 43.276081, 41.076726 ] }, { "date": "2023-08-18", "close": 39.683136, "volume": 15880122, "typical_volume": 32526642.15, "trend": 38.713878, "fair_value": 29.417831, "relative_strength": 28.73494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.209346, "energy": 22.06998, "activity_lines": [ 40.239885, 42.611931, 43.131137, 41.150058 ] }, { "date": "2023-08-25", "close": 38.322807, "volume": 20463753, "typical_volume": 32234291.25, "trend": 38.82847, "fair_value": 29.371182, "relative_strength": 26.819853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.529455, "energy": 26.158725, "activity_lines": [ 39.471995, 41.51394, 42.813334, 41.124827 ] }, { "date": "2023-09-01", "close": 42.58609, "volume": 36011815, "typical_volume": 32089302.5, "trend": 39.047884, "fair_value": 29.394104, "relative_strength": 34.503651, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.592068, "energy": 16.144488, "activity_lines": [ 40.352855, 41.347012, 42.859805, 41.367254 ] }, { "date": "2023-09-08", "close": 42.515972, "volume": 16680313, "typical_volume": 30981119.05, "trend": 39.2562, "fair_value": 29.424348, "relative_strength": 34.719133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.206915, "energy": 10.020202, "activity_lines": [ 41.129781, 41.251479, 42.847987, 41.591002 ] }, { "date": "2023-09-15", "close": 50.724659, "volume": 44184651, "typical_volume": 28170448.6, "trend": 39.761241, "fair_value": 29.537708, "relative_strength": 59.704131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.684428, "energy": 34.352388, "activity_lines": [ 44.51828, 42.783999, 43.573094, 42.330903 ] }, { "date": "2023-09-22", "close": 50.647121, "volume": 47958459, "typical_volume": 29364768.3, "trend": 40.340135, "fair_value": 29.652234, "relative_strength": 55.901239, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.115767, "energy": 51.925165, "activity_lines": [ 47.145143, 44.268339, 44.243253, 43.033217 ] }, { "date": "2023-09-29", "close": 49.244278, "volume": 63312346, "typical_volume": 30202637.35, "trend": 41.036381, "fair_value": 29.760328, "relative_strength": 49.866228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.699463, "energy": 64.850397, "activity_lines": [ 48.573459, 45.441317, 44.725239, 43.607678 ] }, { "date": "2023-10-13", "close": 52.813946, "volume": 36951639, "typical_volume": 29047485.95, "trend": 41.733783, "fair_value": 29.903477, "relative_strength": 58.191031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.551924, "energy": 77.046844, "activity_lines": [ 50.463566, 47.12684, 45.496491, 44.367521 ] }, { "date": "2023-10-20", "close": 50.36721, "volume": 28113399, "typical_volume": 28767384.05, "trend": 42.387845, "fair_value": 30.02373, "relative_strength": 55.728713, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.266639, "energy": 68.495027, "activity_lines": [ 50.856238, 48.15957, 46.00526, 44.924516 ] }, { "date": "2023-10-27", "close": 53.083977, "volume": 30688681, "typical_volume": 28976631.3, "trend": 43.136343, "fair_value": 30.16549, "relative_strength": 57.683806, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.860203, "energy": 64.847633, "activity_lines": [ 51.631083, 49.509511, 46.744899, 45.614589 ] }, { "date": "2023-11-03", "close": 50.798595, "volume": 28231828, "typical_volume": 28924862.35, "trend": 43.809979, "fair_value": 30.28421, "relative_strength": 46.984245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.496756, "energy": 49.464419, "activity_lines": [ 51.486846, 50.200361, 47.217727, 46.108928 ] }, { "date": "2023-11-10", "close": 50.087299, "volume": 29306261, "typical_volume": 28911802.45, "trend": 44.494402, "fair_value": 30.393352, "relative_strength": 41.134606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.31582, "energy": 39.767568, "activity_lines": [ 51.095411, 50.559785, 47.584506, 46.513917 ] }, { "date": "2023-11-17", "close": 49.856785, "volume": 18335106, "typical_volume": 28822434.05, "trend": 45.098038, "fair_value": 30.522505, "relative_strength": 38.640723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.606155, "energy": 30.985562, "activity_lines": [ 50.570938, 50.663398, 47.914147, 46.859877 ] }, { "date": "2023-11-24", "close": 48.503342, "volume": 20263543, "typical_volume": 28434065.45, "trend": 45.611596, "fair_value": 30.627263, "relative_strength": 34.9934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.661924, "energy": 21.838657, "activity_lines": [ 49.792461, 50.388736, 48.102304, 47.079574 ] }, { "date": "2023-12-01", "close": 53.959927, "volume": 33576479, "typical_volume": 29310450.75, "trend": 46.05238, "fair_value": 30.758786, "relative_strength": 49.628986, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.986796, "energy": 28.992415, "activity_lines": [ 50.957103, 50.997319, 48.81713, 47.618176 ] }, { "date": "2023-12-08", "close": 56.92038, "volume": 53083749, "typical_volume": 31403730.2, "trend": 46.643476, "fair_value": 30.929672, "relative_strength": 57.737859, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.522508, "energy": 41.505995, "activity_lines": [ 53.050167, 52.085343, 49.789571, 48.319337 ] }, { "date": "2023-12-15", "close": 56.834766, "volume": 34873679, "typical_volume": 31901464.35, "trend": 47.251408, "fair_value": 31.111724, "relative_strength": 57.419134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.66396, "energy": 55.339296, "activity_lines": [ 54.706573, 53.043741, 50.70924, 48.97684 ] }, { "date": "2023-12-22", "close": 56.304581, "volume": 24805667, "typical_volume": 31432067.45, "trend": 47.573983, "fair_value": 31.313309, "relative_strength": 56.243567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.311372, "energy": 66.256668, "activity_lines": [ 55.73642, 53.767734, 51.506525, 49.560916 ] }, { "date": "2023-12-29", "close": 60.038902, "volume": 28223491, "typical_volume": 31461893.7, "trend": 48.091467, "fair_value": 31.52248, "relative_strength": 58.408119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.43675, "energy": 75.774356, "activity_lines": [ 57.581188, 55.107228, 52.588378, 50.365104 ] }, { "date": "2024-01-05", "close": 55.349594, "volume": 17743451, "typical_volume": 31434421.6, "trend": 48.511074, "fair_value": 31.709054, "relative_strength": 50.063477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.983954, "energy": 63.402312, "activity_lines": [ 57.093816, 55.418271, 53.131284, 50.83337 ] }, { "date": "2024-01-12", "close": 53.344128, "volume": 18681738, "typical_volume": 31574502.4, "trend": 48.864065, "fair_value": 31.886569, "relative_strength": 44.302471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.827645, "energy": 40.130848, "activity_lines": [ 55.84531, 55.323491, 53.408614, 51.14518 ] }, { "date": "2024-01-19", "close": 50.983009, "volume": 21525112, "typical_volume": 31627570.35, "trend": 49.000217, "fair_value": 32.055425, "relative_strength": 39.189339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.253691, "energy": 23.707127, "activity_lines": [ 54.048182, 54.753134, 53.396023, 51.281886 ] }, { "date": "2024-01-26", "close": 50.712978, "volume": 37909990, "typical_volume": 31722479.1, "trend": 49.116849, "fair_value": 32.240345, "relative_strength": 37.071546, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.14997, "energy": 19.711576, "activity_lines": [ 52.55116, 54.117396, 53.297427, 51.392387 ] }, { "date": "2024-02-02", "close": 46.563736, "volume": 32665752, "typical_volume": 32521751.05, "trend": 49.003239, "fair_value": 32.380519, "relative_strength": 35.129948, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.66117, "energy": 20.038948, "activity_lines": [ 50.043831, 52.711682, 52.764967, 51.22767 ] }, { "date": "2024-02-09", "close": 52.51099, "volume": 32902666, "typical_volume": 31957651.8, "trend": 49.125268, "fair_value": 32.567839, "relative_strength": 37.343865, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.680756, "energy": 16.672108, "activity_lines": [ 50.417265, 52.422553, 52.779636, 51.453976 ] }, { "date": "2024-02-23", "close": 47.41993, "volume": 38396717, "typical_volume": 31479564.7, "trend": 49.120913, "fair_value": 32.725821, "relative_strength": 19.459085, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.31008, "energy": 16.726707, "activity_lines": [ 49.282919, 51.234121, 52.300936, 51.343954 ] }, { "date": "2024-03-01", "close": 50.719566, "volume": 53153818, "typical_volume": 30971638.3, "trend": 49.420311, "fair_value": 32.911857, "relative_strength": 21.574254, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.256256, "energy": 13.43992, "activity_lines": [ 49.643398, 50.818358, 52.151855, 51.447093 ] }, { "date": "2024-03-08", "close": 54.493404, "volume": 32637389, "typical_volume": 30755925.8, "trend": 49.857501, "fair_value": 33.143603, "relative_strength": 29.845938, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.079522, "energy": 12.361906, "activity_lines": [ 51.279386, 51.199933, 52.355162, 51.77439 ] }, { "date": "2024-03-15", "close": 66.378014, "volume": 90421271, "typical_volume": 33871319.4, "trend": 50.715231, "fair_value": 33.432663, "relative_strength": 51.224904, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.214205, "energy": 47.42939, "activity_lines": [ 56.624882, 53.775277, 53.682339, 52.840229 ] }, { "date": "2024-03-22", "close": 74.620522, "volume": 58879148, "typical_volume": 35280842.75, "trend": 51.879655, "fair_value": 33.759062, "relative_strength": 67.309082, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.58883, "energy": 79.537436, "activity_lines": [ 63.396929, 57.734002, 55.718275, 54.382506 ] }, { "date": "2024-03-29", "close": 70.471291, "volume": 59846779, "typical_volume": 36861590.3, "trend": 52.905927, "fair_value": 34.052136, "relative_strength": 57.672245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.27367, "energy": 80.787997, "activity_lines": [ 67.311931, 60.58794, 57.256491, 55.581967 ] }, { "date": "2024-04-05", "close": 73.533821, "volume": 25170731, "typical_volume": 36654813.8, "trend": 54.079627, "fair_value": 34.376499, "relative_strength": 58.786333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.329311, "energy": 85.528639, "activity_lines": [ 70.711018, 63.6873, 58.992697, 56.912798 ] }, { "date": "2024-04-12", "close": 73.764336, "volume": 30684040, "typical_volume": 37272260.5, "trend": 55.118902, "fair_value": 34.719089, "relative_strength": 61.305022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.671941, "energy": 84.736405, "activity_lines": [ 72.665993, 66.418556, 60.639207, 58.18278 ] }, { "date": "2024-04-19", "close": 69.977333, "volume": 44051009, "typical_volume": 38461633.8, "trend": 56.034281, "fair_value": 35.042644, "relative_strength": 49.241636, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.429409, "energy": 72.355285, "activity_lines": [ 72.073905, 68.042151, 61.811204, 59.141388 ] }, { "date": "2024-04-26", "close": 86.146202, "volume": 54890633, "typical_volume": 39527341.5, "trend": 57.214999, "fair_value": 35.466503, "relative_strength": 75.852976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.697131, "energy": 75.916204, "activity_lines": [ 76.631486, 72.179839, 64.420837, 61.084093 ] }, { "date": "2024-05-03", "close": 85.481003, "volume": 16456230, "typical_volume": 37695965.55, "trend": 58.376128, "fair_value": 35.866082, "relative_strength": 68.480759, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.072214, "energy": 75.933868, "activity_lines": [ 80.198954, 75.585032, 66.813849, 62.907706 ] }, { "date": "2024-05-10", "close": 95.337105, "volume": 33724760, "typical_volume": 37638519.6, "trend": 59.912556, "fair_value": 36.313048, "relative_strength": 81.042276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.892139, "energy": 88.384845, "activity_lines": [ 86.051143, 80.090224, 70.009535, 65.292285 ] }, { "date": "2024-05-17", "close": 91.006744, "volume": 38039324, "typical_volume": 38300202.45, "trend": 61.185649, "fair_value": 36.734537, "relative_strength": 69.669187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.202422, "energy": 88.003966, "activity_lines": [ 89.006326, 82.996849, 72.609461, 67.298362 ] }, { "date": "2024-05-24", "close": 89.81765, "volume": 22426325, "typical_volume": 38010344.15, "trend": 62.500664, "fair_value": 37.112063, "relative_strength": 68.970359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.155984, "energy": 84.510282, "activity_lines": [ 90.41565, 85.023397, 74.930891, 69.145588 ] }, { "date": "2024-05-31", "close": 96.407707, "volume": 33776804, "typical_volume": 38812011.8, "trend": 63.944788, "fair_value": 37.524916, "relative_strength": 78.820039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.877656, "energy": 82.712993, "activity_lines": [ 92.698972, 87.821962, 77.738142, 71.333139 ] }, { "date": "2024-06-07", "close": 87.397858, "volume": 47773237, "typical_volume": 40266586.75, "trend": 65.164763, "fair_value": 37.884929, "relative_strength": 61.126086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.483454, "energy": 57.272365, "activity_lines": [ 91.294911, 88.586242, 79.491798, 72.84624 ] }, { "date": "2024-06-14", "close": 86.588142, "volume": 31645178, "typical_volume": 40772590.05, "trend": 66.381458, "fair_value": 38.211846, "relative_strength": 56.87632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.24113, "energy": 50.807193, "activity_lines": [ 89.493154, 88.895545, 81.006177, 74.228393 ] }, { "date": "2024-06-21", "close": 80.119781, "volume": 35030536, "typical_volume": 40628617.35, "trend": 67.390225, "fair_value": 38.50594, "relative_strength": 45.864803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.777866, "energy": 37.466674, "activity_lines": [ 86.118541, 87.791431, 81.734974, 75.114737 ] }, { "date": "2024-06-28", "close": 76.759216, "volume": 32623478, "typical_volume": 40626503.65, "trend": 68.332087, "fair_value": 38.769677, "relative_strength": 41.132501, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.997156, "energy": 25.927127, "activity_lines": [ 82.349537, 85.960751, 82.003684, 75.719188 ] }, { "date": "2024-07-05", "close": 76.057144, "volume": 34120388, "typical_volume": 40687389.75, "trend": 69.068661, "fair_value": 39.013742, "relative_strength": 40.338706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.031199, "energy": 25.883224, "activity_lines": [ 79.217071, 83.879116, 82.061743, 76.217579 ] }, { "date": "2024-07-12", "close": 74.04924, "volume": 37687081, "typical_volume": 40651907.95, "trend": 69.639623, "fair_value": 39.247486, "relative_strength": 32.619583, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.722005, "energy": 18.807381, "activity_lines": [ 76.772009, 81.615844, 81.816448, 76.538906 ] }, { "date": "2024-07-19", "close": 65.994209, "volume": 43054357, "typical_volume": 40146934.9, "trend": 69.944938, "fair_value": 39.445784, "relative_strength": 16.501295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.87133, "energy": 28.861684, "activity_lines": [ 72.531843, 78.095871, 80.677201, 76.303718 ] }, { "date": "2024-07-26", "close": 55.140263, "volume": 62492432, "typical_volume": 41639687.05, "trend": 69.906127, "fair_value": 39.563654, "relative_strength": 0.163355, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -48.788397, "energy": 58.664269, "activity_lines": [ 66.046625, 73.135961, 78.431508, 75.348578 ] }, { "date": "2024-08-02", "close": 56.951595, "volume": 75599144, "typical_volume": 40898580.7, "trend": 69.803217, "fair_value": 39.740357, "relative_strength": 3.114988, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.319011, "energy": 67.839373, "activity_lines": [ 61.830485, 69.157502, 76.355243, 74.512802 ] }, { "date": "2024-08-09", "close": 52.275833, "volume": 42155118, "typical_volume": 40062379.2, "trend": 69.700758, "fair_value": 39.901344, "relative_strength": -4.261264, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.210934, "energy": 74.911958, "activity_lines": [ 57.376266, 64.926468, 73.878555, 73.382003 ] }, { "date": "2024-08-16", "close": 51.498882, "volume": 50922036, "typical_volume": 39616142.05, "trend": 69.63925, "fair_value": 40.064678, "relative_strength": -5.898694, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.552836, "energy": 79.263747, "activity_lines": [ 54.248484, 61.356569, 71.434275, 72.207688 ] }, { "date": "2024-08-23", "close": 45.114761, "volume": 48873625, "typical_volume": 40801286.75, "trend": 69.443642, "fair_value": 40.196125, "relative_strength": -16.324192, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.647732, "energy": 81.783404, "activity_lines": [ 50.496019, 57.278629, 68.472328, 70.625463 ] }, { "date": "2024-08-30", "close": 40.293907, "volume": 82864696, "typical_volume": 43410319.55, "trend": 69.096339, "fair_value": 40.3101, "relative_strength": -26.976571, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.830017, "energy": 92.568621, "activity_lines": [ 46.528566, 53.078232, 65.186581, 68.744835 ] }, { "date": "2024-09-06", "close": 36.966114, "volume": 62215989, "typical_volume": 44318568.55, "trend": 68.776419, "fair_value": 40.40833, "relative_strength": -31.3661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.96538, "energy": 93.586517, "activity_lines": [ 42.441605, 48.996888, 61.743284, 66.671917 ] }, { "date": "2024-09-13", "close": 33.643002, "volume": 46532800, "typical_volume": 43900676.9, "trend": 68.147486, "fair_value": 40.479952, "relative_strength": -36.410775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.37584, "energy": 93.769063, "activity_lines": [ 38.579306, 45.034853, 58.140697, 64.405245 ] }, { "date": "2024-09-20", "close": 31.855074, "volume": 33802874, "typical_volume": 44768009.1, "trend": 67.628657, "fair_value": 40.551965, "relative_strength": -40.44021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.479997, "energy": 93.021124, "activity_lines": [ 35.36322, 41.518906, 54.617846, 62.063799 ] }, { "date": "2024-09-27", "close": 42.343941, "volume": 138426627, "typical_volume": 50003102.45, "trend": 67.34947, "fair_value": 40.675838, "relative_strength": -32.701189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.943408, "energy": 84.799591, "activity_lines": [ 36.953009, 40.677193, 52.349296, 60.432527 ] }, { "date": "2024-10-04", "close": 50.155594, "volume": 53390804, "typical_volume": 50770676.45, "trend": 67.204876, "fair_value": 40.83606, "relative_strength": -27.924447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.591409, "energy": 62.393753, "activity_lines": [ 41.331405, 41.685785, 51.077062, 59.323245 ] }, { "date": "2024-10-11", "close": 40.883644, "volume": 169530676, "typical_volume": 58125894.0, "trend": 66.355064, "fair_value": 40.947977, "relative_strength": -38.364874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.605334, "energy": 49.015131, "activity_lines": [ 41.961705, 41.099199, 49.116314, 57.625101 ] }, { "date": "2024-10-18", "close": 43.355404, "volume": 107642440, "typical_volume": 61819175.8, "trend": 65.312893, "fair_value": 41.054878, "relative_strength": -36.315475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.177703, "energy": 37.371085, "activity_lines": [ 43.154756, 41.254167, 47.623991, 56.141252 ] }, { "date": "2024-10-25", "close": 46.292519, "volume": 125889593, "typical_volume": 65724993.6, "trend": 64.506934, "fair_value": 41.179146, "relative_strength": -33.504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.607697, "energy": 31.966012, "activity_lines": [ 44.679351, 42.105347, 46.664024, 54.914131 ] }, { "date": "2024-11-01", "close": 39.349819, "volume": 107622176, "typical_volume": 69523843.5, "trend": 63.367467, "fair_value": 41.242756, "relative_strength": -42.305681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.904089, "energy": 42.422708, "activity_lines": [ 42.927218, 41.788878, 45.238586, 53.291091 ] }, { "date": "2024-11-08", "close": 43.689594, "volume": 105091185, "typical_volume": 73026875.95, "trend": 62.364976, "fair_value": 41.330994, "relative_strength": -39.775323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.147667, "energy": 35.080367, "activity_lines": [ 42.821284, 42.366277, 44.451405, 52.021551 ] }, { "date": "2024-11-15", "close": 41.19022, "volume": 85727721, "typical_volume": 75682088.1, "trend": 61.405406, "fair_value": 41.421822, "relative_strength": -40.832568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.293146, "energy": 38.689826, "activity_lines": [ 42.313292, 42.427504, 43.599665, 50.655438 ] }, { "date": "2024-11-22", "close": 37.796532, "volume": 58775007, "typical_volume": 76914819.05, "trend": 59.79375, "fair_value": 41.506037, "relative_strength": -43.864584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.100424, "energy": 46.360804, "activity_lines": [ 40.653632, 41.794895, 42.594093, 49.132285 ] }, { "date": "2024-11-29", "close": 39.039158, "volume": 55390093, "typical_volume": 77799969.65, "trend": 58.245688, "fair_value": 41.570447, "relative_strength": -42.750828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.623, "energy": 44.143045, "activity_lines": [ 39.778772, 41.312699, 41.88906, 47.793279 ] }, { "date": "2024-12-06", "close": 39.94289, "volume": 49679084, "typical_volume": 78131206.0, "trend": 56.399215, "fair_value": 41.637283, "relative_strength": -42.079891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.598636, "energy": 42.58996, "activity_lines": [ 39.688714, 40.864199, 41.436811, 46.612453 ] }, { "date": "2024-12-13", "close": 39.618111, "volume": 73526077, "typical_volume": 78682888.25, "trend": 54.68626, "fair_value": 41.698624, "relative_strength": -41.734917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.48067, "energy": 40.396925, "activity_lines": [ 39.450858, 40.400303, 41.077685, 45.529801 ] }, { "date": "2024-12-20", "close": 36.652752, "volume": 53487400, "typical_volume": 77577301.05, "trend": 52.914097, "fair_value": 41.719242, "relative_strength": -45.326677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.769006, "energy": 41.249441, "activity_lines": [ 38.495981, 39.588842, 40.510058, 44.366349 ] }, { "date": "2024-12-27", "close": 34.464039, "volume": 42875461, "typical_volume": 77613318.2, "trend": 50.849308, "fair_value": 41.761917, "relative_strength": -48.201438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.491384, "energy": 47.532081, "activity_lines": [ 37.114032, 38.456358, 39.830644, 43.176023 ] }, { "date": "2025-01-03", "close": 31.625771, "volume": 40919120, "typical_volume": 77113172.4, "trend": 48.990238, "fair_value": 41.773975, "relative_strength": -48.308499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.157277, "energy": 65.213235, "activity_lines": [ 35.008159, 36.969487, 38.965737, 41.935795 ] }, { "date": "2025-01-10", "close": 32.953117, "volume": 59520807, "typical_volume": 77645531.5, "trend": 47.202404, "fair_value": 41.796137, "relative_strength": -45.120444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.391408, "energy": 79.518841, "activity_lines": [ 33.83896, 35.990619, 38.321877, 40.901142 ] }, { "date": "2025-01-17", "close": 32.901344, "volume": 69701099, "typical_volume": 76987351.65, "trend": 45.628456, "fair_value": 41.825249, "relative_strength": -46.727048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.269566, "energy": 79.849029, "activity_lines": [ 33.118489, 35.118642, 37.730999, 39.978493 ] }, { "date": "2025-01-24", "close": 33.207291, "volume": 47919597, "typical_volume": 76272532.05, "trend": 44.176725, "fair_value": 41.858642, "relative_strength": -46.481977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.811857, "energy": 77.751004, "activity_lines": [ 32.947784, 34.498442, 37.204462, 39.177127 ] }, { "date": "2025-01-31", "close": 32.854275, "volume": 6784795, "typical_volume": 74285131.8, "trend": 42.73663, "fair_value": 41.867171, "relative_strength": -45.897868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.654517, "energy": 75.051415, "activity_lines": [ 32.889105, 33.959201, 36.662204, 38.446646 ] }, { "date": "2025-02-07", "close": 34.200455, "volume": 30645770, "typical_volume": 74127276.6, "trend": 41.408337, "fair_value": 41.901214, "relative_strength": -45.470686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.653144, "energy": 53.714789, "activity_lines": [ 33.38647, 33.754579, 36.251908, 37.895925 ] }, { "date": "2025-02-14", "close": 34.859421, "volume": 64999530, "typical_volume": 70455921.75, "trend": 40.370511, "fair_value": 41.924842, "relative_strength": -44.832032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.121129, "energy": 44.338951, "activity_lines": [ 33.931845, 33.757746, 35.893203, 37.473415 ] }, { "date": "2025-02-21", "close": 35.127712, "volume": 109663377, "typical_volume": 73269550.4, "trend": 39.703426, "fair_value": 41.975464, "relative_strength": -45.267021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.197972, "energy": 35.888451, "activity_lines": [ 34.439563, 33.902119, 35.59569, 37.13517 ] }, { "date": "2025-02-28", "close": 33.513241, "volume": 55181269, "typical_volume": 67552080.05, "trend": 38.922147, "fair_value": 42.0424, "relative_strength": -45.514019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.041625, "energy": 33.629649, "activity_lines": [ 34.2607, 33.834596, 35.21598, 36.735803 ] }, { "date": "2025-03-07", "close": 33.070789, "volume": 42595830, "typical_volume": 64299749.55, "trend": 38.281979, "fair_value": 42.113235, "relative_strength": -46.89873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.201779, "energy": 35.952847, "activity_lines": [ 33.913956, 33.743709, 34.829228, 36.358296 ] }, { "date": "2025-03-14", "close": 33.25436, "volume": 35604035, "typical_volume": 59785471.65, "trend": 37.673828, "fair_value": 42.183445, "relative_strength": -46.564971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.233812, "energy": 40.766202, "activity_lines": [ 33.613968, 33.711531, 34.508933, 36.033933 ] }, { "date": "2025-03-21", "close": 36.732769, "volume": 121745489, "typical_volume": 60491637.3, "trend": 37.394429, "fair_value": 42.26443, "relative_strength": -38.458848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.816493, "energy": 22.583994, "activity_lines": [ 34.536523, 34.28218, 34.582002, 35.97322 ] }, { "date": "2025-03-28", "close": 36.370338, "volume": 112777736, "typical_volume": 60875964.85, "trend": 37.263643, "fair_value": 42.349725, "relative_strength": -37.733127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.379263, "energy": 11.640276, "activity_lines": [ 35.213378, 34.718211, 34.633016, 35.907149 ] }, { "date": "2025-04-04", "close": 36.789257, "volume": 55712266, "typical_volume": 59375192.1, "trend": 37.257748, "fair_value": 42.441752, "relative_strength": -34.598926, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.011438, "energy": 14.263752, "activity_lines": [ 35.94703, 35.167337, 34.758781, 35.876544 ] }, { "date": "2025-04-11", "close": 34.595837, "volume": 75407398, "typical_volume": 60206811.65, "trend": 37.289509, "fair_value": 42.521935, "relative_strength": -34.130999, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.769131, "energy": 17.333131, "activity_lines": [ 35.731142, 35.152532, 34.696605, 35.704808 ] }, { "date": "2025-04-18", "close": 33.866261, "volume": 40016335, "typical_volume": 59438123.75, "trend": 37.356549, "fair_value": 42.603025, "relative_strength": -34.205748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.961583, "energy": 13.358701, "activity_lines": [ 35.170391, 34.973413, 34.580188, 35.483953 ] }, { "date": "2025-04-25", "close": 33.122566, "volume": 42020275, "typical_volume": 59055183.3, "trend": 37.049169, "fair_value": 42.683779, "relative_strength": -35.163784, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.941418, "energy": 22.73229, "activity_lines": [ 34.320949, 34.665152, 34.417575, 35.210793 ] }, { "date": "2025-05-02", "close": 37.810654, "volume": 74324835, "typical_volume": 59095121.2, "trend": 36.637671, "fair_value": 42.791512, "relative_strength": -24.420047, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.70004, "energy": 4.751195, "activity_lines": [ 35.274883, 35.240851, 34.733924, 35.259921 ] }, { "date": "2025-05-09", "close": 37.956566, "volume": 55583244, "typical_volume": 59199913.4, "trend": 36.540102, "fair_value": 42.899471, "relative_strength": -24.081581, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.81793, "energy": 6.192781, "activity_lines": [ 36.181434, 35.794298, 35.072777, 35.345011 ] }, { "date": "2025-05-16", "close": 37.151688, "volume": 57286903, "typical_volume": 59920485.5, "trend": 36.333312, "fair_value": 43.01499, "relative_strength": -24.391036, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.931946, "energy": 21.596234, "activity_lines": [ 36.741871, 36.120616, 35.328766, 35.384468 ] }, { "date": "2025-05-23", "close": 37.19128, "volume": 67695391, "typical_volume": 61259299.05, "trend": 36.029937, "fair_value": 43.099032, "relative_strength": -22.140329, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.233616, "energy": 36.241081, "activity_lines": [ 37.145115, 36.379934, 35.575727, 35.439821 ] }, { "date": "2025-05-30", "close": 34.808846, "volume": 54897705, "typical_volume": 61028143.95, "trend": 35.878571, "fair_value": 43.15962, "relative_strength": -24.354754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.660379, "energy": 23.823646, "activity_lines": [ 36.532547, 36.134502, 35.569288, 35.361041 ] }, { "date": "2025-06-06", "close": 36.190262, "volume": 47816247, "typical_volume": 59933901.35, "trend": 35.628593, "fair_value": 43.215532, "relative_strength": -20.492965, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.913053, "energy": 11.193637, "activity_lines": [ 36.268032, 36.175217, 35.685575, 35.38115 ] }, { "date": "2025-06-13", "close": 34.274971, "volume": 58670023, "typical_volume": 60471422.65, "trend": 35.398085, "fair_value": 43.256261, "relative_strength": -22.244509, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.951425, "energy": 6.49076, "activity_lines": [ 35.473113, 35.870971, 35.603792, 35.293819 ] }, { "date": "2025-06-20", "close": 33.574257, "volume": 36179361, "typical_volume": 61941150.95, "trend": 35.257343, "fair_value": 43.270739, "relative_strength": -21.030866, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.141256, "energy": 16.160199, "activity_lines": [ 34.690062, 35.485038, 35.45019, 35.176153 ] }, { "date": "2025-06-27", "close": 34.114807, "volume": 39663983, "typical_volume": 62392061.6, "trend": 35.093198, "fair_value": 43.299458, "relative_strength": -20.71417, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.66329, "energy": 16.254671, "activity_lines": [ 34.32569, 35.21596, 35.34464, 35.102441 ] }, { "date": "2025-07-04", "close": 34.888931, "volume": 41902986, "typical_volume": 61237234.4, "trend": 34.924732, "fair_value": 43.296898, "relative_strength": -17.851882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.546468, "energy": 18.221051, "activity_lines": [ 34.424457, 35.083113, 35.313225, 35.089263 ] }, { "date": "2025-07-11", "close": 35.629684, "volume": 54993466, "typical_volume": 58503738.85, "trend": 34.791785, "fair_value": 43.291527, "relative_strength": -15.555049, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.089592, "energy": 12.039687, "activity_lines": [ 34.764803, 35.052832, 35.352217, 35.134743 ] }, { "date": "2025-07-18", "close": 36.904324, "volume": 68798082, "typical_volume": 59184579.5, "trend": 34.80017, "fair_value": 43.326477, "relative_strength": -12.560777, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.318217, "energy": 17.326088, "activity_lines": [ 35.567401, 35.293959, 35.510212, 35.271036 ] }, { "date": "2025-07-25", "close": 40.674831, "volume": 121077271, "typical_volume": 63108651.55, "trend": 35.007197, "fair_value": 43.362474, "relative_strength": -4.505318, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.906702, "energy": 55.702316, "activity_lines": [ 37.451545, 36.239763, 36.011156, 35.650047 ] }, { "date": "2025-08-01", "close": 41.20871, "volume": 156357273, "typical_volume": 69146313.45, "trend": 35.326628, "fair_value": 43.467705, "relative_strength": -0.232068, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.779773, "energy": 73.650965, "activity_lines": [ 39.040276, 37.21858, 36.526736, 36.050144 ] }, { "date": "2025-08-08", "close": 40.754917, "volume": 85217064, "typical_volume": 67319892.2, "trend": 35.586688, "fair_value": 43.582241, "relative_strength": -1.251895, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.896264, "energy": 75.84566, "activity_lines": [ 40.004817, 38.041844, 36.961219, 36.400356 ] }, { "date": "2025-08-15", "close": 42.142998, "volume": 88607108, "typical_volume": 66111360.8, "trend": 35.894743, "fair_value": 43.714153, "relative_strength": -1.023081, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.35413, "energy": 80.827362, "activity_lines": [ 41.040985, 39.009377, 37.508747, 36.823344 ] }, { "date": "2025-08-22", "close": 44.698944, "volume": 116496051, "typical_volume": 69150550.05, "trend": 36.277798, "fair_value": 43.862079, "relative_strength": 1.374615, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.169841, "energy": 85.382728, "activity_lines": [ 42.494914, 40.333395, 38.27221, 37.391357 ] }, { "date": "2025-08-29", "close": 45.132717, "volume": 142465908, "typical_volume": 72503475.55, "trend": 36.68708, "fair_value": 44.014757, "relative_strength": -1.248956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.941559, "energy": 83.319909, "activity_lines": [ 43.573793, 41.546755, 39.03932, 37.962642 ] }, { "date": "2025-09-05", "close": 48.082394, "volume": 192827710, "typical_volume": 80144044.3, "trend": 37.149811, "fair_value": 44.168809, "relative_strength": 6.501206, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.497902, "energy": 85.591782, "activity_lines": [ 45.338706, 43.086265, 40.037176, 38.697824 ] }, { "date": "2025-09-12", "close": 48.262577, "volume": 102806992, "typical_volume": 83183380.15, "trend": 37.596583, "fair_value": 44.332627, "relative_strength": 4.409854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.860317, "energy": 83.029283, "activity_lines": [ 46.705433, 44.40458, 40.984496, 39.414776 ] }, { "date": "2025-09-19", "close": 45.73333, "volume": 89506749, "typical_volume": 83942475.85, "trend": 37.950104, "fair_value": 44.481121, "relative_strength": -1.937363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.60672, "energy": 61.095745, "activity_lines": [ 46.728568, 45.019875, 41.61884, 39.939728 ] }, { "date": "2025-09-26", "close": 44.24593, "volume": 66059428, "typical_volume": 84466285.05, "trend": 38.30786, "fair_value": 44.629626, "relative_strength": -5.558637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.181152, "energy": 51.745555, "activity_lines": [ 46.016547, 45.18103, 42.073799, 40.34591 ] }, { "date": "2025-10-03", "close": 44.333614, "volume": 19684558, "typical_volume": 82586167.8, "trend": 38.683287, "fair_value": 44.775389, "relative_strength": -6.842293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.140821, "energy": 41.715105, "activity_lines": [ 45.363955, 45.224645, 42.507161, 40.734668 ] }, { "date": "2025-10-10", "close": 45.419529, "volume": 26022710, "typical_volume": 80502533.75, "trend": 39.088793, "fair_value": 44.935108, "relative_strength": -2.98635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.708416, "energy": 30.776676, "activity_lines": [ 45.126609, 45.399175, 43.009743, 41.169265 ] }, { "date": "2025-10-17", "close": 48.124195, "volume": 94882355, "typical_volume": 82501766.25, "trend": 39.468507, "fair_value": 45.114522, "relative_strength": 8.423574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.21324, "energy": 35.348201, "activity_lines": [ 45.968342, 45.988902, 43.73073, 41.752194 ] }, { "date": "2025-10-24", "close": 50.100422, "volume": 105607919, "typical_volume": 85391349.85, "trend": 39.926177, "fair_value": 45.300238, "relative_strength": 8.127833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.246885, "energy": 48.042328, "activity_lines": [ 47.478042, 46.803956, 44.576523, 42.438124 ] }, { "date": "2025-10-31", "close": 54.100094, "volume": 163987297, "typical_volume": 90657213.55, "trend": 40.503205, "fair_value": 45.504199, "relative_strength": 15.803927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.8327, "energy": 74.821055, "activity_lines": [ 50.029828, 48.201543, 45.736998, 43.35257 ] }, { "date": "2025-11-07", "close": 50.754665, "volume": 79630365, "typical_volume": 92829763.75, "trend": 41.041832, "fair_value": 45.693885, "relative_strength": 8.50968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.046435, "energy": 71.47114, "activity_lines": [ 50.809526, 48.819941, 46.484456, 44.013955 ] }, { "date": "2025-11-14", "close": 49.911568, "volume": 70441295, "typical_volume": 94368629.35, "trend": 41.576676, "fair_value": 45.849841, "relative_strength": 8.25843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.376158, "energy": 69.1477, "activity_lines": [ 50.880121, 49.18283, 47.069807, 44.586196 ] }, { "date": "2025-11-21", "close": 46.013069, "volume": 56438289, "typical_volume": 95095394.5, "trend": 42.006359, "fair_value": 45.961412, "relative_strength": 5.170655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.750544, "energy": 42.884873, "activity_lines": [ 49.351748, 48.803644, 47.20865, 44.872415 ] }, { "date": "2025-11-28", "close": 48.488415, "volume": 39645553, "typical_volume": 94327998.85, "trend": 42.362285, "fair_value": 46.099152, "relative_strength": 6.988691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.384783, "energy": 27.898662, "activity_lines": [ 48.789232, 48.915421, 47.530268, 45.290612 ] }, { "date": "2025-12-05", "close": 49.216854, "volume": 39690465, "typical_volume": 92872618.0, "trend": 42.737627, "fair_value": 46.234062, "relative_strength": 7.21988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.230681, "energy": 24.654527, "activity_lines": [ 48.576996, 49.109549, 47.860029, 45.732842 ] }, { "date": "2025-12-12", "close": 48.333282, "volume": 48266765, "typical_volume": 89232092.7, "trend": 43.110347, "fair_value": 46.371389, "relative_strength": 4.446503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.960516, "energy": 20.498109, "activity_lines": [ 48.395785, 49.052647, 48.047009, 46.093852 ] }, { "date": "2025-12-19", "close": 45.979347, "volume": 43481272, "typical_volume": 83588292.65, "trend": 43.403283, "fair_value": 46.491778, "relative_strength": 0.221717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.686114, "energy": 16.404738, "activity_lines": [ 47.591355, 48.495036, 47.973337, 46.278949 ] }, { "date": "2025-12-26", "close": 46.242393, "volume": 31638074, "typical_volume": 80909343.15, "trend": 43.784401, "fair_value": 46.572214, "relative_strength": -2.729484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.915559, "energy": 15.34991, "activity_lines": [ 47.136755, 47.975073, 47.901999, 46.462117 ] }, { "date": "2026-01-02", "close": 47.409245, "volume": 25098238, "typical_volume": 77733899.65, "trend": 44.158367, "fair_value": 46.688277, "relative_strength": 0.135778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.96132, "energy": 12.93139, "activity_lines": [ 47.055817, 47.701479, 47.915658, 46.695978 ] }, { "date": "2026-01-09", "close": 50.869331, "volume": 70743783, "typical_volume": 75446286.25, "trend": 44.711512, "fair_value": 46.833005, "relative_strength": 2.780762, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.2068, "energy": 19.208305, "activity_lines": [ 48.200186, 48.105922, 48.233773, 47.128944 ] }, { "date": "2026-01-16", "close": 52.798344, "volume": 81299958, "typical_volume": 72387988.75, "trend": 45.352315, "fair_value": 46.984985, "relative_strength": 5.211119, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.567474, "energy": 39.960734, "activity_lines": [ 49.877394, 48.919836, 48.70622, 47.650675 ] }, { "date": "2026-01-23", "close": 50.282532, "volume": 112109182, "typical_volume": 68352062.35, "trend": 45.89124, "fair_value": 47.109374, "relative_strength": -1.041155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.767148, "energy": 44.443258, "activity_lines": [ 50.418327, 49.239172, 48.902563, 47.968753 ] }, { "date": "2026-01-30", "close": 47.281094, "volume": 64489594, "typical_volume": 66436192.45, "trend": 46.304312, "fair_value": 47.190267, "relative_strength": -5.465123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.262634, "energy": 36.133955, "activity_lines": [ 49.671902, 49.006047, 48.802578, 48.058421 ] }, { "date": "2026-02-06", "close": 46.808956, "volume": 46616757, "typical_volume": 64291692.85, "trend": 46.676954, "fair_value": 47.266703, "relative_strength": -4.464771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.064992, "energy": 18.233398, "activity_lines": [ 48.698851, 48.664024, 48.662301, 48.090979 ] }, { "date": "2026-02-13", "close": 46.660568, "volume": 28675376, "typical_volume": 62422490.25, "trend": 47.002162, "fair_value": 47.335016, "relative_strength": -6.108235, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.345204, "energy": 9.638766, "activity_lines": [ 47.716357, 48.325557, 48.50277, 48.089922 ] }, { "date": "2026-02-27", "close": 49.108936, "volume": 31529411, "typical_volume": 63014732.9, "trend": 47.283299, "fair_value": 47.417339, "relative_strength": -3.97435, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.609194, "energy": 15.684657, "activity_lines": [ 47.830569, 48.478725, 48.564919, 48.225843 ] }, { "date": "2026-03-06", "close": 47.942081, "volume": 48877443, "typical_volume": 64157469.55, "trend": 47.507745, "fair_value": 47.496626, "relative_strength": -4.240228, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.772339, "energy": 11.883865, "activity_lines": [ 47.801791, 48.405635, 48.493199, 48.268345 ] }, { "date": "2026-03-13", "close": 47.894871, "volume": 47751613, "typical_volume": 61800932.45, "trend": 47.745743, "fair_value": 47.590309, "relative_strength": -5.215897, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.074812, "energy": 8.110961, "activity_lines": [ 47.913305, 48.288276, 48.40497, 48.293321 ] }, { "date": "2026-03-20", "close": 45.750019, "volume": 29833725, "typical_volume": 58012222.75, "trend": 47.865977, "fair_value": 47.701803, "relative_strength": -6.890343, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.184517, "energy": 17.422339, "activity_lines": [ 47.268951, 47.750898, 48.113562, 48.164564 ] }, { "date": "2026-03-27", "close": 44.650616, "volume": 34021367, "typical_volume": 51513926.25, "trend": 47.864366, "fair_value": 47.78359, "relative_strength": -8.333374, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.759223, "energy": 36.979144, "activity_lines": [ 46.328724, 47.043797, 47.738165, 47.957121 ] }, { "date": "2026-04-03", "close": 44.131268, "volume": 31403446, "typical_volume": 49102580.3, "trend": 47.830985, "fair_value": 47.869397, "relative_strength": -6.572036, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.208809, "energy": 57.416648, "activity_lines": [ 45.349379, 46.355336, 47.358304, 47.716276 ] }, { "date": "2026-04-10", "close": 46.033306, "volume": 23235675, "typical_volume": 46742299.3, "trend": 47.762682, "fair_value": 47.968142, "relative_strength": -8.89555, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.784556, "energy": 55.467969, "activity_lines": [ 45.335891, 46.170284, 47.19113, 47.600297 ] }, { "date": "2026-04-17", "close": 45.318356, "volume": 26294021, "typical_volume": 45235085.9, "trend": 47.664541, "fair_value": 48.062558, "relative_strength": -13.557955, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.639326, "energy": 52.947162, "activity_lines": [ 45.211337, 45.932499, 46.974332, 47.442599 ] }, { "date": "2026-04-24", "close": 47.786953, "volume": 49174049, "typical_volume": 45711510.7, "trend": 47.732995, "fair_value": 48.179432, "relative_strength": -9.053127, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.783454, "energy": 25.3201, "activity_lines": [ 46.081417, 46.179237, 46.995948, 47.450496 ] }, { "date": "2026-05-01", "close": 46.842678, "volume": 45136512, "typical_volume": 45983813.05, "trend": 47.819553, "fair_value": 48.276195, "relative_strength": -11.721656, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.070947, "energy": 16.186795, "activity_lines": [ 46.500943, 46.236506, 46.930973, 47.393056 ] }, { "date": "2026-05-08", "close": 47.389011, "volume": 24503874, "typical_volume": 44795668.5, "trend": 47.9214, "fair_value": 48.367813, "relative_strength": -12.940916, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.854719, "energy": 16.79866, "activity_lines": [ 46.956443, 46.389797, 46.929335, 47.36528 ] }, { "date": "2026-05-15", "close": 45.250908, "volume": 40748238, "typical_volume": 44659016.8, "trend": 47.915779, "fair_value": 48.396752, "relative_strength": -16.46997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.820057, "energy": 19.211712, "activity_lines": [ 46.482059, 46.185614, 46.728565, 47.19299 ] }, { "date": "2026-05-22", "close": 43.549999, "volume": 30638775, "typical_volume": 44609051.85, "trend": 47.763306, "fair_value": 48.424716, "relative_strength": -19.413197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.070815, "energy": 35.534181, "activity_lines": [ 45.492865, 45.721105, 46.369272, 46.911326 ] }, { "date": "2026-05-29", "close": 38.439999, "volume": 42790561, "typical_volume": 45493668.0, "trend": 47.374625, "fair_value": 48.423711, "relative_strength": -28.289096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.527737, "energy": 74.079754, "activity_lines": [ 42.918228, 44.406503, 45.536133, 46.309823 ] }, { "date": "2026-06-05", "close": 36.950001, "volume": 6809610, "typical_volume": 42296959.35, "trend": 46.802956, "fair_value": 48.361677, "relative_strength": -29.481192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.796714, "energy": 89.276549, "activity_lines": [ 40.470055, 42.953901, 44.603801, 45.637266 ] }, { "date": "2026-06-12", "close": 37.43, "volume": 9481042, "typical_volume": 38706013.55, "trend": 46.3588, "fair_value": 48.316264, "relative_strength": -26.453055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.336964, "energy": 91.393256, "activity_lines": [ 38.841394, 41.728583, 43.783465, 45.03256 ] }, { "date": "2026-06-19", "close": 36.439999, "volume": 23255405, "typical_volume": 34263324.7, "trend": 45.909748, "fair_value": 48.275743, "relative_strength": -32.742148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.147729, "energy": 92.07458, "activity_lines": [ 37.546666, 40.445107, 42.942026, 44.392637 ] }, { "date": "2026-06-26", "close": 38.619999, "volume": 9653182, "typical_volume": 31521504.1, "trend": 45.663312, "fair_value": 48.24924, "relative_strength": -27.219907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.605451, "energy": 86.984411, "activity_lines": [ 37.565999, 39.732417, 42.374123, 43.922331 ] }, { "date": "2026-07-03", "close": 41.560001, "volume": 8637599, "typical_volume": 29622546.2, "trend": 45.432365, "fair_value": 48.215019, "relative_strength": -20.468749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.458474, "energy": 56.060172, "activity_lines": [ 38.894, 39.676062, 42.127464, 43.657601 ] }, { "date": "2026-07-10", "close": 40.59, "volume": 41906234, "typical_volume": 30284089.1, "trend": 45.144803, "fair_value": 48.172558, "relative_strength": -19.192723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.710582, "energy": 40.169593, "activity_lines": [ 39.690667, 39.55656, 41.813418, 43.34519 ] }, { "date": "2026-07-17", "close": 39.630001, "volume": 52240135, "typical_volume": 31319625.3, "trend": 44.854694, "fair_value": 48.106263, "relative_strength": -13.172143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.493342, "energy": 28.873697, "activity_lines": [ 39.924667, 39.376198, 41.436852, 42.989396 ] }, { "date": "2026-07-24", "close": 38.66, "volume": 42439971, "typical_volume": 30997751.7, "trend": 44.610715, "fair_value": 48.040941, "relative_strength": -15.43355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.452631, "energy": 28.382565, "activity_lines": [ 39.688667, 39.160546, 41.013042, 42.589739 ] }, { "date": "2026-07-31", "close": 42.48, "volume": 42597934, "typical_volume": 30740067.75, "trend": 44.485302, "fair_value": 48.008438, "relative_strength": -5.456582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.117893, "energy": 20.896432, "activity_lines": [ 40.578, 39.759273, 40.997242, 42.452273 ] }, { "date": "2026-08-07", "close": 42.610001, "volume": 42105064, "typical_volume": 31353634.7, "trend": 44.325328, "fair_value": 48.01403, "relative_strength": -9.613002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.428676, "energy": 16.032569, "activity_lines": [ 41.253334, 40.401091, 41.019608, 42.331286 ] } ], "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." } } }