{ "ticker": { "uuid": "5899912d-78b3-433b-afc2-b2ecd83bd655", "symbol": "001225", "name": "Hangzhou Hota M&E Holdings 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": -45.722, "architecture_energy": 34.722, "architecture_maturity": 76.683, "architecture_confidence": 60.288, "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": 30.49, "rotation_up": 23.59, "upward_expansion": 15.67, "deceleration": 66.77, "rotation_down": 43.45, "downward_expansion": 65.67 }, "activity_lines": [ 41.434001, 41.167782, 43.789622, 47.234512 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 45.040001, "trend_reference": 53.758691, "distance_from_trend": -0.162182, "trend_direction": "Weakening", "fair_value": 39.238046, "distance_from_fair_value": 0.147866, "fair_value_direction": "Weakening", "relative_strength": -15.797737, "relative_strength_direction": "Weakening", "price_momentum": -0.396893, "excess_performance": -0.404293, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.162182, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.076085, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.147866, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.170118, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.157977, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.020306, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.396893, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.885305, "read": "Supply-led" } ], "volume": { "latest": 11116300, "relative_activity": 1.801777, "balance": 0.885305, "dry_up": 1.307599, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.141976, "annualized_volatility": 0.753189, "from_high_reference": -0.494217, "from_low_reference": 0.409703 }, "levels": { "trend_reference": 53.758691, "fair_value_reference": 39.238046, "structural_low": 31.950001, "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": 4, "median_return": -0.001862, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.073288, "regime_survival": 0.75, "best_return": 0.121793, "worst_return": -0.108621, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.251686, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.090207, "regime_survival": 0.0, "best_return": 0.251686, "worst_return": 0.251686, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.195598, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.179517, "regime_survival": 0.0, "best_return": 0.195598, "worst_return": 0.195598, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.563395, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.05545, "regime_survival": 0.0, "best_return": 0.563395, "worst_return": 0.563395, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-20", "tenure": "New", "return": 0.013135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-09-27", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": 0.067899, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": 0.046555, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-04-11", "tenure": "Established", "return": -0.110758, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-07-18", "tenure": "Established", "return": 0.119054, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-09-05", "tenure": "Developing", "return": -0.07948, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": 0.035075, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-12-26", "tenure": "Established", "return": 0.20158, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.287214, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-13", "tenure": "Developing", "return": -0.257123, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.000628, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-05-08", "tenure": "Developing", "return": 0.106399, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": -0.070869, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 41.441559, "volume": 1259341, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-04", "close": 40.783173, "volume": 1321944, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 40.755348, "volume": 1450800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 42.684155, "volume": 3354763, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 36.647362, "volume": 5252529, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 38.891453, "volume": 2523919, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 38.6689, "volume": 2026813, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 37.648853, "volume": 1308833, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 38.381432, "volume": 1475703, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 38.891453, "volume": 1232748, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 37.463398, "volume": 1227400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 35.998241, "volume": 1217151, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 36.860641, "volume": 1492241, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 37.370663, "volume": 1034035, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 37.556122, "volume": 930598, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 38.335068, "volume": 1364979, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 37.63958, "volume": 1089527, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 37.509762, "volume": 1086600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 36.239346, "volume": 1059400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 36.294983, "volume": 1406816, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 35.9426, "volume": 1185000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 36.378441, "volume": 1637100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 37.741589, "volume": 6435254, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 37.417027, "volume": 2895154, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 34.86692, "volume": 2160900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 33.985977, "volume": 1988400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 28.125364, "volume": 1833139, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 28.969217, "volume": 3771046, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 34.477451, "volume": 7998074, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 35.237846, "volume": 18416354, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 33.021572, "volume": 6185001, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 33.151394, "volume": 3643700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 32.669189, "volume": 3000247, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 31.658421, "volume": 2179300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 32.094261, "volume": 1172700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 31.268951, "volume": 1767600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 30.017078, "volume": 2717800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 30.103889, "volume": 1792300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 30.856247, "volume": 783800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 31.193842, "volume": 1399945, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 30.952703, "volume": 1337700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 30.209991, "volume": 1197800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 29.910978, "volume": 1194500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 27.624973, "volume": 1772345, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 27.673203, "volume": 855000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 26.785809, "volume": 829200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 26.727932, "volume": 1033600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 26.139553, "volume": 828628, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 26.023806, "volume": 1180700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 25.869476, "volume": 1169345, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 25.908058, "volume": 819300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 26.988365, "volume": 1364018, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 27.210213, "volume": 1269076, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 27.422417, "volume": 829009, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 27.306669, "volume": 1007900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 27.258442, "volume": 1250500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 26.737579, "volume": 993600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 27.171631, "volume": 862000, "typical_volume": 1098898.3, "trend": 29.322398, "fair_value": 36.209569, "relative_strength": -2.21423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.661172, "energy": 23.322474, "activity_lines": [ 27.10797, 27.010813, 27.127399, 27.940638 ] }, { "date": "2024-09-20", "close": 27.528519, "volume": 2457479, "typical_volume": 1182582.25, "trend": 29.090767, "fair_value": 36.102395, "relative_strength": -1.862759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.531879, "energy": 16.471485, "activity_lines": [ 27.224361, 27.14515, 27.101678, 27.824904 ] }, { "date": "2024-09-27", "close": 29.467281, "volume": 3312647, "typical_volume": 1278217.35, "trend": 28.898415, "fair_value": 36.021479, "relative_strength": -10.542234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.357398, "energy": 12.409603, "activity_lines": [ 27.979932, 27.60463, 27.276446, 27.849195 ] }, { "date": "2024-10-04", "close": 31.820808, "volume": 2083358, "typical_volume": 1315500.25, "trend": 28.858389, "fair_value": 35.970869, "relative_strength": -12.343675, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.752446, "energy": 51.174117, "activity_lines": [ 29.375971, 28.426611, 27.683582, 28.037736 ] }, { "date": "2024-10-11", "close": 28.994648, "volume": 4922725, "typical_volume": 1501746.5, "trend": 28.719831, "fair_value": 35.887818, "relative_strength": -15.952923, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.786016, "energy": 38.862596, "activity_lines": [ 29.525799, 28.627239, 27.817427, 28.046527 ] }, { "date": "2024-10-18", "close": 29.419054, "volume": 1810300, "typical_volume": 1532536.5, "trend": 28.611493, "fair_value": 35.811715, "relative_strength": -16.756346, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.270037, "energy": 47.440758, "activity_lines": [ 29.666624, 28.868554, 27.997478, 28.091639 ] }, { "date": "2024-10-25", "close": 32.013718, "volume": 3698606, "typical_volume": 1628849.55, "trend": 28.623336, "fair_value": 35.767552, "relative_strength": -11.277296, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.208118, "energy": 64.368265, "activity_lines": [ 30.52251, 29.541465, 28.426982, 28.311137 ] }, { "date": "2024-11-01", "close": 32.987923, "volume": 5075850, "typical_volume": 1839892.05, "trend": 28.653125, "fair_value": 35.735603, "relative_strength": -6.814668, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.462468, "energy": 60.290232, "activity_lines": [ 31.404117, 30.308027, 28.928369, 28.592723 ] }, { "date": "2024-11-08", "close": 33.981419, "volume": 8316654, "typical_volume": 2214264.75, "trend": 28.743541, "fair_value": 35.715669, "relative_strength": -9.69795, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.807195, "energy": 77.61335, "activity_lines": [ 32.38218, 31.151929, 29.499067, 28.936484 ] }, { "date": "2024-11-15", "close": 31.078096, "volume": 6918505, "typical_volume": 2508510.0, "trend": 28.778908, "fair_value": 35.663561, "relative_strength": -13.813227, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.901925, "energy": 64.414561, "activity_lines": [ 32.248428, 31.345717, 29.758992, 29.0871 ] }, { "date": "2024-11-22", "close": 30.682625, "volume": 2330200, "typical_volume": 2583588.6, "trend": 28.798199, "fair_value": 35.608218, "relative_strength": -11.925579, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.173351, "energy": 44.671369, "activity_lines": [ 31.843955, 31.388684, 29.960539, 29.209921 ] }, { "date": "2024-11-29", "close": 31.994425, "volume": 2095800, "typical_volume": 2629343.6, "trend": 28.836139, "fair_value": 35.568506, "relative_strength": -9.23347, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.6683, "energy": 39.409968, "activity_lines": [ 31.792512, 31.606323, 30.265386, 29.416129 ] }, { "date": "2024-12-06", "close": 33.489494, "volume": 4355228, "typical_volume": 2788637.75, "trend": 28.91266, "fair_value": 35.545908, "relative_strength": -6.163031, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.022473, "energy": 38.886004, "activity_lines": [ 32.24071, 32.014595, 30.684188, 29.716346 ] }, { "date": "2024-12-13", "close": 34.010353, "volume": 3860390, "typical_volume": 2940692.25, "trend": 29.014582, "fair_value": 35.529396, "relative_strength": -3.660889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.065657, "energy": 43.011057, "activity_lines": [ 32.829091, 32.444437, 31.11631, 30.045229 ] }, { "date": "2024-12-20", "close": 34.193623, "volume": 2587061, "typical_volume": 3001844.4, "trend": 29.14737, "fair_value": 35.515186, "relative_strength": -2.162944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.228999, "energy": 53.673788, "activity_lines": [ 33.476632, 32.867791, 31.527304, 30.379361 ] }, { "date": "2024-12-27", "close": 31.695414, "volume": 2861984, "typical_volume": 3081489.8, "trend": 29.206851, "fair_value": 35.474978, "relative_strength": -8.931443, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.448936, "energy": 42.89776, "activity_lines": [ 33.083736, 32.742398, 31.666063, 30.543751 ] }, { "date": "2025-01-03", "close": 31.685766, "volume": 2432500, "typical_volume": 3161664.35, "trend": 29.342211, "fair_value": 35.435507, "relative_strength": -1.583655, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.809929, "energy": 34.076586, "activity_lines": [ 32.620104, 32.573863, 31.782545, 30.703681 ] }, { "date": "2025-01-10", "close": 32.524937, "volume": 5730315, "typical_volume": 3397785.1, "trend": 29.503935, "fair_value": 35.405501, "relative_strength": 2.563257, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.602843, "energy": 24.968709, "activity_lines": [ 32.456773, 32.563867, 31.958646, 30.909018 ] }, { "date": "2025-01-17", "close": 33.354458, "volume": 7976500, "typical_volume": 3734085.1, "trend": 29.72289, "fair_value": 35.384572, "relative_strength": 1.927855, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.363869, "energy": 22.313282, "activity_lines": [ 32.634252, 32.713112, 32.188901, 31.157439 ] }, { "date": "2025-01-24", "close": 32.843239, "volume": 9328974, "typical_volume": 4150853.8, "trend": 29.926734, "fair_value": 35.358902, "relative_strength": -0.45384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.988953, "energy": 21.803837, "activity_lines": [ 32.685052, 32.780806, 32.341439, 31.358751 ] }, { "date": "2025-01-31", "close": 32.505642, "volume": 781400, "typical_volume": 4146823.8, "trend": 30.138937, "fair_value": 35.330369, "relative_strength": 0.256467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.397383, "energy": 22.668433, "activity_lines": [ 32.713345, 32.755026, 32.43275, 31.525133 ] }, { "date": "2025-02-07", "close": 32.804653, "volume": 2913100, "typical_volume": 4169604.85, "trend": 30.364965, "fair_value": 35.305362, "relative_strength": -2.610169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.310533, "energy": 27.507725, "activity_lines": [ 32.787294, 32.750466, 32.527139, 31.697114 ] }, { "date": "2025-02-14", "close": 32.717846, "volume": 6658047, "typical_volume": 4336874.85, "trend": 30.593244, "fair_value": 35.279994, "relative_strength": -4.296233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.393794, "energy": 24.382161, "activity_lines": [ 32.757714, 32.715391, 32.588136, 31.848913 ] }, { "date": "2025-02-21", "close": 32.196983, "volume": 5564000, "typical_volume": 4510906.95, "trend": 30.802875, "fair_value": 35.250062, "relative_strength": -7.404284, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.491791, "energy": 16.672276, "activity_lines": [ 32.541652, 32.599643, 32.584048, 31.95238 ] }, { "date": "2025-02-28", "close": 31.32888, "volume": 3346855, "typical_volume": 4432113.45, "trend": 30.947558, "fair_value": 35.212359, "relative_strength": -6.227184, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.695801, "energy": 7.749419, "activity_lines": [ 32.113388, 32.359029, 32.495492, 31.986316 ] }, { "date": "2025-03-07", "close": 32.602097, "volume": 3697420, "typical_volume": 4526469.45, "trend": 31.127288, "fair_value": 35.187499, "relative_strength": -4.20534, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.396836, "energy": 10.7748, "activity_lines": [ 32.210487, 32.401996, 32.517079, 32.09306 ] }, { "date": "2025-03-14", "close": 32.486351, "volume": 4961032, "typical_volume": 4589590.75, "trend": 31.296086, "fair_value": 35.162016, "relative_strength": -5.431826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.224692, "energy": 9.944615, "activity_lines": [ 32.262573, 32.407432, 32.512486, 32.180742 ] }, { "date": "2025-03-21", "close": 32.679264, "volume": 4640638, "typical_volume": 4567830.15, "trend": 31.475172, "fair_value": 35.138813, "relative_strength": -2.067063, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.331229, "energy": 8.796098, "activity_lines": [ 32.400184, 32.433388, 32.524015, 32.269979 ] }, { "date": "2025-03-28", "close": 31.521793, "volume": 4046900, "typical_volume": 4354342.45, "trend": 31.617284, "fair_value": 35.105322, "relative_strength": -4.588695, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.823382, "energy": 4.966547, "activity_lines": [ 32.154543, 32.246088, 32.426778, 32.272987 ] }, { "date": "2025-04-04", "close": 31.348171, "volume": 3192700, "typical_volume": 4168052.2, "trend": 31.77097, "fair_value": 35.070853, "relative_strength": -2.699436, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.248062, "energy": 7.377416, "activity_lines": [ 31.896041, 32.060542, 32.324719, 32.255625 ] }, { "date": "2025-04-11", "close": 29.660194, "volume": 2484570, "typical_volume": 4175770.7, "trend": 31.853922, "fair_value": 35.021665, "relative_strength": -2.741098, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.591561, "energy": 39.475708, "activity_lines": [ 31.073594, 31.595274, 32.060613, 32.119446 ] }, { "date": "2025-04-18", "close": 31.830452, "volume": 2147752, "typical_volume": 4178368.3, "trend": 31.99732, "fair_value": 34.992915, "relative_strength": 4.926138, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.375443, "energy": 34.797801, "activity_lines": [ 31.170693, 31.576334, 32.008068, 32.117931 ] }, { "date": "2025-04-25", "close": 35.746563, "volume": 8446828, "typical_volume": 4382948.3, "trend": 32.20663, "fair_value": 34.999644, "relative_strength": 15.921778, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.845144, "energy": 19.270125, "activity_lines": [ 32.616889, 32.287127, 32.329266, 32.359818 ] }, { "date": "2025-05-02", "close": 33.537724, "volume": 7338149, "typical_volume": 4556836.25, "trend": 32.26386, "fair_value": 34.986707, "relative_strength": 8.834282, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.230381, "energy": 24.880484, "activity_lines": [ 33.122319, 32.541245, 32.429351, 32.445695 ] }, { "date": "2025-05-09", "close": 33.807796, "volume": 4581277, "typical_volume": 4656547.05, "trend": 32.424298, "fair_value": 34.976366, "relative_strength": 7.163363, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.629572, "energy": 34.718262, "activity_lines": [ 33.583378, 32.82009, 32.557408, 32.545304 ] }, { "date": "2025-05-16", "close": 32.833595, "volume": 4162900, "typical_volume": 4721592.85, "trend": 32.538116, "fair_value": 34.957733, "relative_strength": 3.511867, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.386812, "energy": 33.818929, "activity_lines": [ 33.555727, 32.876736, 32.59452, 32.57171 ] }, { "date": "2025-05-23", "close": 32.220001, "volume": 3968900, "typical_volume": 4798412.85, "trend": 32.544993, "fair_value": 34.934132, "relative_strength": 2.066608, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.438594, "energy": 23.032952, "activity_lines": [ 33.111986, 32.817611, 32.567776, 32.551187 ] }, { "date": "2025-05-30", "close": 32.82, "volume": 2704400, "typical_volume": 4647117.1, "trend": 32.539395, "fair_value": 34.916062, "relative_strength": 4.869353, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.073517, "energy": 13.270373, "activity_lines": [ 32.842274, 32.872419, 32.59563, 32.568929 ] }, { "date": "2025-06-06", "close": 33.5, "volume": 2533000, "typical_volume": 4374942.1, "trend": 32.523348, "fair_value": 34.904062, "relative_strength": 5.340144, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.32971, "energy": 14.609288, "activity_lines": [ 32.994333, 33.048304, 32.686841, 32.630904 ] }, { "date": "2025-06-13", "close": 33.16, "volume": 3006400, "typical_volume": 4058813.4, "trend": 32.592745, "fair_value": 34.889406, "relative_strength": 4.721665, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.645988, "energy": 13.098724, "activity_lines": [ 33.035573, 33.126404, 32.744978, 32.671978 ] }, { "date": "2025-06-20", "close": 31.790001, "volume": 2624378, "typical_volume": 4150962.3, "trend": 32.629657, "fair_value": 34.863577, "relative_strength": 1.431215, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.904939, "energy": 3.968257, "activity_lines": [ 32.663334, 32.922471, 32.67113, 32.620188 ] }, { "date": "2025-06-27", "close": 34.009998, "volume": 3205625, "typical_volume": 4165588.55, "trend": 32.696843, "fair_value": 34.856523, "relative_strength": 4.44469, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.974173, "energy": 22.212626, "activity_lines": [ 33.100666, 33.08345, 32.812119, 32.709242 ] }, { "date": "2025-07-04", "close": 34.240002, "volume": 3283700, "typical_volume": 3996871.2, "trend": 32.72186, "fair_value": 34.85147, "relative_strength": 3.687896, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.780252, "energy": 28.082933, "activity_lines": [ 33.495334, 33.24662, 32.969273, 32.808801 ] }, { "date": "2025-07-11", "close": 34.400002, "volume": 2502000, "typical_volume": 3843771.2, "trend": 32.734848, "fair_value": 34.847799, "relative_strength": 2.174693, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.735522, "energy": 37.622634, "activity_lines": [ 33.848668, 33.466273, 33.134416, 32.917068 ] }, { "date": "2025-07-18", "close": 35.619999, "volume": 3450145, "typical_volume": 3848935.7, "trend": 32.782394, "fair_value": 34.854027, "relative_strength": 3.461191, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.888803, "energy": 58.029062, "activity_lines": [ 34.548667, 33.892066, 33.40526, 33.103207 ] }, { "date": "2025-07-25", "close": 41.52, "volume": 12389466, "typical_volume": 4283538.0, "trend": 33.10988, "fair_value": 34.907354, "relative_strength": 17.348448, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.292952, "energy": 84.386718, "activity_lines": [ 37.051334, 35.357637, 34.217574, 33.666923 ] }, { "date": "2025-08-01", "close": 41.41, "volume": 19501752, "typical_volume": 5010574.0, "trend": 33.434021, "fair_value": 34.958963, "relative_strength": 18.480003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.296525, "energy": 88.582934, "activity_lines": [ 38.868667, 36.645273, 34.976946, 34.202415 ] }, { "date": "2025-08-08", "close": 40.41, "volume": 6929475, "typical_volume": 5125015.85, "trend": 33.696857, "fair_value": 35.001884, "relative_strength": 13.923597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.867732, "energy": 87.605572, "activity_lines": [ 39.859333, 37.584, 35.598586, 34.652478 ] }, { "date": "2025-08-15", "close": 39.540001, "volume": 6899800, "typical_volume": 5267660.85, "trend": 33.903042, "fair_value": 35.037338, "relative_strength": 6.549481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.214801, "energy": 84.449929, "activity_lines": [ 40.148667, 38.226546, 36.100556, 35.029455 ] }, { "date": "2025-08-22", "close": 39.889999, "volume": 5748209, "typical_volume": 5395436.3, "trend": 34.137934, "fair_value": 35.074956, "relative_strength": 2.833924, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.837876, "energy": 75.333514, "activity_lines": [ 40.212, 38.822909, 36.597677, 35.41571 ] }, { "date": "2025-08-29", "close": 38.5, "volume": 6590637, "typical_volume": 5600739.65, "trend": 34.337745, "fair_value": 35.101302, "relative_strength": -4.759677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.121066, "energy": 49.568071, "activity_lines": [ 39.527333, 39.044182, 36.921743, 35.697134 ] }, { "date": "2025-09-05", "close": 38.220001, "volume": 4449677, "typical_volume": 5715835.9, "trend": 34.518257, "fair_value": 35.125109, "relative_strength": -4.51359, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.521947, "energy": 35.13511, "activity_lines": [ 38.950667, 39.092546, 37.177047, 35.947602 ] }, { "date": "2025-09-12", "close": 42.48, "volume": 9212398, "typical_volume": 5754114.4, "trend": 34.843662, "fair_value": 35.180828, "relative_strength": 3.463096, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.006066, "energy": 46.810482, "activity_lines": [ 40.006667, 39.838909, 37.807639, 36.461263 ] }, { "date": "2025-09-19", "close": 43.970001, "volume": 13512076, "typical_volume": 6062810.75, "trend": 35.236096, "fair_value": 35.246912, "relative_strength": 5.918809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.317964, "energy": 50.500236, "activity_lines": [ 41.421334, 40.706364, 38.548072, 37.050059 ] }, { "date": "2025-09-26", "close": 44.299999, "volume": 8617248, "typical_volume": 6264609.3, "trend": 35.668467, "fair_value": 35.314472, "relative_strength": 5.433783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.742684, "energy": 56.087426, "activity_lines": [ 42.650667, 41.459818, 39.270255, 37.634827 ] }, { "date": "2025-10-03", "close": 46.43, "volume": 3454039, "typical_volume": 6229166.25, "trend": 36.129397, "fair_value": 35.39681, "relative_strength": 7.642158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.291706, "energy": 78.499289, "activity_lines": [ 44.296, 42.442727, 40.145333, 38.329119 ] }, { "date": "2025-10-10", "close": 47.549999, "volume": 2618376, "typical_volume": 6161640.05, "trend": 36.631518, "fair_value": 35.486171, "relative_strength": 11.19603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.667008, "energy": 81.337492, "activity_lines": [ 45.786, 43.54, 41.062333, 39.065932 ] }, { "date": "2025-10-17", "close": 55.41, "volume": 21044850, "typical_volume": 7078662.55, "trend": 37.38921, "fair_value": 35.631601, "relative_strength": 35.14362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.335987, "energy": 88.709419, "activity_lines": [ 49.274, 45.954727, 42.654905, 40.277447 ] }, { "date": "2025-10-24", "close": 55.389999, "volume": 11206002, "typical_volume": 7512312.65, "trend": 38.184817, "fair_value": 35.774777, "relative_strength": 28.113401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.007036, "energy": 91.669994, "activity_lines": [ 51.893333, 48.093091, 44.138, 41.438789 ] }, { "date": "2025-10-31", "close": 52.75, "volume": 7180711, "typical_volume": 7721028.2, "trend": 38.898211, "fair_value": 35.896901, "relative_strength": 20.633495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.478415, "energy": 85.047383, "activity_lines": [ 52.871333, 49.463272, 45.265428, 42.378478 ] }, { "date": "2025-11-07", "close": 54.82, "volume": 5308166, "typical_volume": 7855217.6, "trend": 39.736871, "fair_value": 36.032066, "relative_strength": 24.360731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.70447, "energy": 83.228222, "activity_lines": [ 53.976, 50.976, 46.496714, 43.40569 ] }, { "date": "2025-11-14", "close": 56.27, "volume": 7093085, "typical_volume": 8049590.6, "trend": 40.551523, "fair_value": 36.175598, "relative_strength": 28.439934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.507798, "energy": 71.757734, "activity_lines": [ 55.004667, 52.455636, 47.756428, 44.472344 ] }, { "date": "2025-11-21", "close": 53.990002, "volume": 10783800, "typical_volume": 8424595.6, "trend": 41.159637, "fair_value": 36.301051, "relative_strength": 28.877435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.801982, "energy": 54.606468, "activity_lines": [ 54.692001, 53.192546, 48.693, 45.339342 ] }, { "date": "2025-11-28", "close": 53.650002, "volume": 6294502, "typical_volume": 8614220.7, "trend": 41.830047, "fair_value": 36.422373, "relative_strength": 22.87675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.848645, "energy": 49.156093, "activity_lines": [ 54.360668, 53.658364, 49.503143, 46.145172 ] }, { "date": "2025-12-05", "close": 58.400002, "volume": 7139000, "typical_volume": 8798663.45, "trend": 42.649787, "fair_value": 36.574995, "relative_strength": 31.088089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.821587, "energy": 51.886497, "activity_lines": [ 55.728668, 54.811819, 50.674, 47.214202 ] }, { "date": "2025-12-12", "close": 55.400002, "volume": 10506685, "typical_volume": 8704524.4, "trend": 43.402, "fair_value": 36.704823, "relative_strength": 22.617707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.174944, "energy": 42.508637, "activity_lines": [ 55.720002, 55.163456, 51.450667, 48.036796 ] }, { "date": "2025-12-19", "close": 53.380001, "volume": 3862160, "typical_volume": 7922544.8, "trend": 44.107334, "fair_value": 36.819036, "relative_strength": 18.639332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.283927, "energy": 38.548751, "activity_lines": [ 54.999335, 54.984729, 51.968858, 48.680538 ] }, { "date": "2025-12-26", "close": 53.23, "volume": 3340385, "typical_volume": 7743090.3, "trend": 44.787667, "fair_value": 36.930676, "relative_strength": 13.673741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.743746, "energy": 31.151269, "activity_lines": [ 54.421334, 54.672728, 52.415763, 49.269097 ] }, { "date": "2026-01-02", "close": 57.169998, "volume": 3095093, "typical_volume": 7552854.95, "trend": 45.576667, "fair_value": 37.067428, "relative_strength": 22.10011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.98751, "energy": 33.807343, "activity_lines": [ 55.207333, 55.116728, 53.176858, 50.067957 ] }, { "date": "2026-01-09", "close": 73.589996, "volume": 13088811, "typical_volume": 7919885.05, "trend": 46.924333, "fair_value": 37.312546, "relative_strength": 48.979294, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 84.802871, "energy": 58.98215, "activity_lines": [ 61.231998, 58.513818, 55.41781, 51.875269 ] }, { "date": "2026-01-16", "close": 72.650002, "volume": 10334942, "typical_volume": 8107100.3, "trend": 48.286333, "fair_value": 37.548129, "relative_strength": 43.990487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.314031, "energy": 79.374032, "activity_lines": [ 65.930666, 61.361091, 57.408762, 53.534989 ] }, { "date": "2026-01-23", "close": 78.169998, "volume": 6511881, "typical_volume": 8210210.5, "trend": 49.758334, "fair_value": 37.817148, "relative_strength": 51.397825, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.579964, "energy": 89.483677, "activity_lines": [ 71.319332, 64.887818, 59.762809, 55.462968 ] }, { "date": "2026-01-30", "close": 74.68, "volume": 7478593, "typical_volume": 8123520.25, "trend": 51.106333, "fair_value": 38.059666, "relative_strength": 45.410476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.32672, "energy": 85.104004, "activity_lines": [ 73.891999, 67.381818, 61.594238, 57.070817 ] }, { "date": "2026-02-06", "close": 74.620003, "volume": 4876600, "typical_volume": 7691746.45, "trend": 52.447, "fair_value": 38.298623, "relative_strength": 46.653093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.477844, "energy": 80.452264, "activity_lines": [ 75.014667, 69.488727, 63.266619, 58.587828 ] }, { "date": "2026-02-13", "close": 81.900002, "volume": 8303414, "typical_volume": 7676054.75, "trend": 53.989667, "fair_value": 38.581749, "relative_strength": 56.478378, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.384533, "energy": 79.250334, "activity_lines": [ 77.400668, 72.538, 65.486381, 60.488022 ] }, { "date": "2026-02-27", "close": 81.949997, "volume": 5490910, "typical_volume": 7777898.3, "trend": 55.337333, "fair_value": 38.861544, "relative_strength": 50.188474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.254852, "energy": 63.467272, "activity_lines": [ 79.249333, 75.169091, 67.531857, 62.291914 ] }, { "date": "2026-03-06", "close": 60.040001, "volume": 12408335, "typical_volume": 8267396.25, "trend": 55.958334, "fair_value": 38.997303, "relative_strength": 11.804573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.51011, "energy": 35.586353, "activity_lines": [ 73.174667, 73.333818, 67.321524, 62.595312 ] }, { "date": "2026-03-13", "close": 53.970001, "volume": 9075050, "typical_volume": 7668906.25, "trend": 56.410334, "fair_value": 38.987632, "relative_strength": -0.649505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.522217, "energy": 13.325504, "activity_lines": [ 66.285334, 70.273818, 66.473619, 62.467032 ] }, { "date": "2026-03-20", "close": 47.779999, "volume": 6159224, "typical_volume": 7416567.35, "trend": 56.685, "fair_value": 38.965482, "relative_strength": -9.636914, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.466825, "energy": 24.404208, "activity_lines": [ 58.713333, 66.074909, 65.043048, 61.910237 ] }, { "date": "2026-03-27", "close": 47.75, "volume": 7088800, "typical_volume": 7411971.8, "trend": 56.947, "fair_value": 38.959113, "relative_strength": -9.187986, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.306985, "energy": 43.206682, "activity_lines": [ 52.920667, 62.041273, 63.645857, 61.333785 ] }, { "date": "2026-04-03", "close": 46.57, "volume": 9370345, "typical_volume": 7615080.75, "trend": 57.216, "fair_value": 38.94327, "relative_strength": -8.965819, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.498018, "energy": 54.555644, "activity_lines": [ 49.011333, 58.262909, 62.160095, 60.664301 ] }, { "date": "2026-04-10", "close": 49.280041, "volume": 5263700, "typical_volume": 7523611.5, "trend": 57.584668, "fair_value": 38.953769, "relative_strength": -10.296894, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.186477, "energy": 58.00738, "activity_lines": [ 48.364014, 55.451462, 60.971718, 60.152304 ] }, { "date": "2026-04-17", "close": 50.263454, "volume": 4717869, "typical_volume": 7220314.95, "trend": 57.844117, "fair_value": 38.985272, "relative_strength": -12.205532, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.714517, "energy": 56.256007, "activity_lines": [ 48.761829, 53.344089, 59.910285, 59.679967 ] }, { "date": "2026-04-24", "close": 48.515163, "volume": 4919700, "typical_volume": 7151574.85, "trend": 57.995622, "fair_value": 39.003543, "relative_strength": -15.56764, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.364513, "energy": 51.897424, "activity_lines": [ 48.823984, 51.362783, 58.700093, 59.078099 ] }, { "date": "2026-05-01", "close": 50.203857, "volume": 4523100, "typical_volume": 7020779.85, "trend": 58.192417, "fair_value": 39.034838, "relative_strength": -13.47424, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.115125, "energy": 35.903428, "activity_lines": [ 49.400025, 50.163145, 57.675181, 58.575405 ] }, { "date": "2026-05-08", "close": 51.525009, "volume": 3868115, "typical_volume": 6688851.35, "trend": 58.362251, "fair_value": 39.093815, "relative_strength": -13.767178, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -47.424797, "energy": 38.625281, "activity_lines": [ 50.252861, 49.78001, 56.815123, 58.14525 ] }, { "date": "2026-05-15", "close": 48.47543, "volume": 5456654, "typical_volume": 6768576.05, "trend": 58.393099, "fair_value": 39.134113, "relative_strength": -18.767447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.485903, "energy": 39.090096, "activity_lines": [ 49.758836, 49.395587, 55.68308, 57.50739 ] }, { "date": "2026-05-22", "close": 58.746658, "volume": 8757600, "typical_volume": 7039436.8, "trend": 58.504321, "fair_value": 39.247369, "relative_strength": -2.048003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.568415, "energy": 22.00044, "activity_lines": [ 52.742194, 51.088926, 55.552605, 57.5302 ] }, { "date": "2026-05-29", "close": 45.833118, "volume": 22420741, "typical_volume": 8005719.2, "trend": 58.185758, "fair_value": 39.271655, "relative_strength": -23.379895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.302401, "energy": 31.006457, "activity_lines": [ 50.855492, 50.3475, 54.165999, 56.712704 ] }, { "date": "2026-06-05", "close": 46.598, "volume": 1542000, "typical_volume": 7428378.65, "trend": 57.980691, "fair_value": 39.296387, "relative_strength": -20.686781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.480919, "energy": 41.930735, "activity_lines": [ 49.402554, 49.780541, 52.906224, 55.965106 ] }, { "date": "2026-06-12", "close": 43.209999, "volume": 1502700, "typical_volume": 6986766.55, "trend": 57.593691, "fair_value": 39.299698, "relative_strength": -24.574842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.527979, "energy": 59.242012, "activity_lines": [ 47.060673, 48.618528, 51.452316, 55.012158 ] }, { "date": "2026-06-19", "close": 41.310001, "volume": 4631800, "typical_volume": 6892762.5, "trend": 57.095025, "fair_value": 39.291603, "relative_strength": -32.455045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.871795, "energy": 82.028606, "activity_lines": [ 44.639793, 47.172151, 49.957646, 53.961598 ] }, { "date": "2026-06-26", "close": 39.880001, "volume": 1555700, "typical_volume": 6596617.85, "trend": 56.624691, "fair_value": 39.283792, "relative_strength": -33.548672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.245396, "energy": 85.772857, "activity_lines": [ 42.219942, 45.610684, 48.502309, 52.850951 ] }, { "date": "2026-07-03", "close": 43.450001, "volume": 1140600, "typical_volume": 6409817.85, "trend": 56.284691, "fair_value": 39.2931, "relative_strength": -26.560214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.718684, "energy": 79.543551, "activity_lines": [ 42.247867, 44.887098, 47.552687, 52.000971 ] }, { "date": "2026-07-10", "close": 40.150002, "volume": 4363600, "typical_volume": 6212827.15, "trend": 55.676358, "fair_value": 39.285415, "relative_strength": -29.442566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.447581, "energy": 73.955658, "activity_lines": [ 41.334668, 43.655606, 46.437207, 50.960023 ] }, { "date": "2026-07-17", "close": 36.099998, "volume": 4433530, "typical_volume": 6159958.15, "trend": 55.033024, "fair_value": 39.244338, "relative_strength": -30.151951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.070228, "energy": 69.342037, "activity_lines": [ 39.501334, 41.870548, 45.134822, 49.697032 ] }, { "date": "2026-07-24", "close": 38.080002, "volume": 7768200, "typical_volume": 5927951.4, "trend": 54.523024, "fair_value": 39.218272, "relative_strength": -26.496435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.94608, "energy": 56.34068, "activity_lines": [ 38.802001, 40.725944, 44.239343, 48.603289 ] }, { "date": "2026-07-31", "close": 42.43, "volume": 8951600, "typical_volume": 5921778.9, "trend": 54.163024, "fair_value": 39.212244, "relative_strength": -16.666558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.606567, "energy": 48.672051, "activity_lines": [ 39.768, 40.561257, 43.86272, 47.823094 ] }, { "date": "2026-08-07", "close": 45.040001, "volume": 11116300, "typical_volume": 6169632.7, "trend": 53.758691, "fair_value": 39.238046, "relative_strength": -15.797737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.721816, "energy": 34.722238, "activity_lines": [ 41.434001, 41.167782, 43.789622, 47.234512 ] } ], "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." } } }