{ "ticker": { "uuid": "5d26d868-e01c-451f-bd7a-6ff4bf59fe73", "symbol": "603663", "name": "Sanxiang Advanced Materials Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 15.877, "architecture_energy": 29.874, "architecture_maturity": 63.631, "architecture_confidence": 96, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 46.69, "rotation_up": 18.52, "upward_expansion": 50.69, "deceleration": 91.16, "rotation_down": 47.61, "downward_expansion": 28.02 }, "activity_lines": [ 39.189757, 46.098277, 44.721913, 41.82612 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 40.119999, "trend_reference": 37.92476, "distance_from_trend": 0.057884, "trend_direction": "Improving", "fair_value": 17.946567, "distance_from_fair_value": 1.235525, "fair_value_direction": "Improving", "relative_strength": 31.13069, "relative_strength_direction": "Improving", "price_momentum": 0.334252, "excess_performance": 0.377456, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057884, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.296409, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.235525, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.03684, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.311307, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.052293, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.334252, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.975623, "read": "Demand-led" } ], "volume": { "latest": 137624757, "relative_activity": 1.29981, "balance": 1.975623, "dry_up": 0.976121, "accumulation_observations": 7, "distribution_observations": 2 }, "risk": { "range_context": 0.243785, "annualized_volatility": 0.790705, "from_high_reference": -0.46824, "from_low_reference": 1.319411 }, "levels": { "trend_reference": 37.92476, "fair_value_reference": 17.946567, "structural_low": 27.218429, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.01105, "positive_rate": 0.578947, "directional_follow_through": 0.578947, "median_excess_return": 0.026922, "regime_survival": 0.631579, "best_return": 0.377975, "worst_return": -0.072896, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.114967, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.111263, "regime_survival": 0.0, "best_return": 0.720865, "worst_return": -0.14004, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.089534, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.05212, "regime_survival": 0.333333, "best_return": 0.513202, "worst_return": -0.275316, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.318787, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.338307, "regime_survival": 0.5, "best_return": 2.146914, "worst_return": -0.02739, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-15", "tenure": "Developing", "return": 0.132409, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": -0.042673, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-02-07", "tenure": "Developing", "return": 0.082684, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-04", "tenure": "Developing", "return": 0.173716, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.082259, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-05-30", "tenure": "New", "return": -0.051495, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.135263, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-10-17", "tenure": "Established", "return": 0.005838, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": 0.054538, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": 0.135795, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-04-03", "tenure": "Established", "return": 0.319135, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-01", "tenure": "New", "return": 0.078158, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-24", "tenure": "Developing", "return": 0.198669, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.190504, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.517289, "volume": 24276421, "typical_volume": 41207876.1, "trend": 7.386773, "fair_value": 6.687877, "relative_strength": -0.016667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.302532, "energy": 48.847193, "activity_lines": [ 7.659472, 7.549533, 7.438584, 7.438027 ] }, { "date": "2023-08-04", "close": 7.700982, "volume": 32314195, "typical_volume": 41289562.95, "trend": 7.431558, "fair_value": 6.699163, "relative_strength": 2.307393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.242267, "energy": 41.673337, "activity_lines": [ 7.668588, 7.594585, 7.468463, 7.458298 ] }, { "date": "2023-08-11", "close": 7.418377, "volume": 19579094, "typical_volume": 40833365.25, "trend": 7.459086, "fair_value": 6.707304, "relative_strength": 1.902114, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.521722, "energy": 5.616624, "activity_lines": [ 7.568629, 7.577285, 7.468531, 7.457448 ] }, { "date": "2023-08-18", "close": 6.973274, "volume": 26758334, "typical_volume": 40747294.5, "trend": 7.472445, "fair_value": 6.707484, "relative_strength": -2.282744, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.81081, "energy": 20.158861, "activity_lines": [ 7.34961, 7.48114, 7.425515, 7.426105 ] }, { "date": "2023-08-25", "close": 6.641213, "volume": 22135993, "typical_volume": 39863774.4, "trend": 7.464565, "fair_value": 6.706824, "relative_strength": -4.47547, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.750725, "energy": 51.749794, "activity_lines": [ 7.084903, 7.325245, 7.353015, 7.372477 ] }, { "date": "2023-09-01", "close": 6.874362, "volume": 22204622, "typical_volume": 35052550.85, "trend": 7.411769, "fair_value": 6.709195, "relative_strength": -2.983332, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.45975, "energy": 62.933022, "activity_lines": [ 6.959615, 7.224133, 7.305323, 7.334399 ] }, { "date": "2023-09-08", "close": 7.672721, "volume": 57153813, "typical_volume": 32482648.2, "trend": 7.394255, "fair_value": 6.715553, "relative_strength": 8.81549, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.058789, "energy": 38.902642, "activity_lines": [ 7.143308, 7.274149, 7.338753, 7.351235 ] }, { "date": "2023-09-15", "close": 7.29827, "volume": 40033668, "typical_volume": 31512622.05, "trend": 7.37443, "fair_value": 6.716054, "relative_strength": 3.425207, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.612037, "energy": 29.089297, "activity_lines": [ 7.204068, 7.252539, 7.335927, 7.345043 ] }, { "date": "2023-09-22", "close": 7.114577, "volume": 20325088, "typical_volume": 31755037.5, "trend": 7.349149, "fair_value": 6.716214, "relative_strength": 0.401201, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.654944, "energy": 17.697439, "activity_lines": [ 7.211604, 7.207708, 7.316223, 7.328278 ] }, { "date": "2023-09-29", "close": 7.121642, "volume": 12627836, "typical_volume": 30887560.35, "trend": 7.329439, "fair_value": 6.718271, "relative_strength": 1.140081, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.952706, "energy": 18.582531, "activity_lines": [ 7.212075, 7.179319, 7.297612, 7.3136 ] }, { "date": "2023-10-13", "close": 7.164033, "volume": 21133175, "typical_volume": 30476718.6, "trend": 7.324147, "fair_value": 6.719516, "relative_strength": 2.401257, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.322637, "energy": 18.959685, "activity_lines": [ 7.194648, 7.16673, 7.281852, 7.302929 ] }, { "date": "2023-10-20", "close": 6.754255, "volume": 18525861, "typical_volume": 30172013.5, "trend": 7.312865, "fair_value": 6.72801, "relative_strength": -0.147683, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.669917, "energy": 47.179686, "activity_lines": [ 7.021317, 7.086059, 7.227441, 7.266161 ] }, { "date": "2023-10-27", "close": 6.867297, "volume": 19831095, "typical_volume": 29409715.3, "trend": 7.299349, "fair_value": 6.738359, "relative_strength": 0.509935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.520186, "energy": 52.613587, "activity_lines": [ 6.946898, 7.043155, 7.185432, 7.237415 ] }, { "date": "2023-11-03", "close": 6.471651, "volume": 41388775, "typical_volume": 29795836.5, "trend": 7.267643, "fair_value": 6.744589, "relative_strength": -5.520125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.06306, "energy": 67.76233, "activity_lines": [ 6.769328, 6.938334, 7.108911, 7.184015 ] }, { "date": "2023-11-10", "close": 6.598823, "volume": 22347457, "typical_volume": 29550899.1, "trend": 7.248012, "fair_value": 6.751725, "relative_strength": -3.862034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.248074, "energy": 68.966043, "activity_lines": [ 6.67701, 6.865756, 7.047054, 7.140865 ] }, { "date": "2023-11-17", "close": 6.846102, "volume": 25128808, "typical_volume": 30119917.8, "trend": 7.211448, "fair_value": 6.761395, "relative_strength": -0.672871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.754769, "energy": 58.442354, "activity_lines": [ 6.701974, 6.838909, 7.012195, 7.114936 ] }, { "date": "2023-11-24", "close": 7.397182, "volume": 223586278, "typical_volume": 39979655.2, "trend": 7.206424, "fair_value": 6.776202, "relative_strength": 7.643176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.583851, "energy": 17.808162, "activity_lines": [ 6.931826, 6.912771, 7.031519, 7.126919 ] }, { "date": "2023-12-01", "close": 7.481963, "volume": 120343584, "typical_volume": 42073917.3, "trend": 7.208228, "fair_value": 6.789903, "relative_strength": 9.012645, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.394197, "energy": 11.49143, "activity_lines": [ 7.147076, 7.007058, 7.059301, 7.144695 ] }, { "date": "2023-12-08", "close": 7.340661, "volume": 98967957, "typical_volume": 44971957.25, "trend": 7.212825, "fair_value": 6.802495, "relative_strength": 8.912368, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.424052, "energy": 13.274503, "activity_lines": [ 7.274249, 7.072315, 7.075416, 7.153239 ] }, { "date": "2023-12-15", "close": 7.354791, "volume": 43563536, "typical_volume": 45611279.5, "trend": 7.228897, "fair_value": 6.812014, "relative_strength": 9.841467, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.016695, "energy": 21.763195, "activity_lines": [ 7.348197, 7.136029, 7.09577, 7.162398 ] }, { "date": "2023-12-22", "close": 7.206424, "volume": 37622688, "typical_volume": 46278592.85, "trend": 7.227686, "fair_value": 6.818909, "relative_strength": 8.359882, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.645421, "energy": 19.916111, "activity_lines": [ 7.322292, 7.168529, 7.103003, 7.160949 ] }, { "date": "2023-12-29", "close": 7.764568, "volume": 121614448, "typical_volume": 50743605.5, "trend": 7.249915, "fair_value": 6.830105, "relative_strength": 13.868653, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.367051, "energy": 35.176553, "activity_lines": [ 7.458413, 7.301738, 7.164874, 7.195586 ] }, { "date": "2024-01-05", "close": 8.146085, "volume": 111337586, "typical_volume": 55331530.1, "trend": 7.270355, "fair_value": 6.846865, "relative_strength": 20.554929, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.948273, "energy": 48.628873, "activity_lines": [ 7.697214, 7.485946, 7.262776, 7.253404 ] }, { "date": "2024-01-12", "close": 8.358038, "volume": 212058586, "typical_volume": 64596542.7, "trend": 7.315367, "fair_value": 6.863764, "relative_strength": 24.841058, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.064811, "energy": 64.744967, "activity_lines": [ 7.962392, 7.685439, 7.377399, 7.323577 ] }, { "date": "2024-01-19", "close": 7.672721, "volume": 149864970, "typical_volume": 70982991.55, "trend": 7.327031, "fair_value": 6.87566, "relative_strength": 16.019038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.394638, "energy": 55.117455, "activity_lines": [ 7.931305, 7.726031, 7.42016, 7.346632 ] }, { "date": "2024-01-26", "close": 8.584122, "volume": 289519854, "typical_volume": 84348753.15, "trend": 7.373076, "fair_value": 6.896788, "relative_strength": 25.401898, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.837466, "energy": 59.725972, "activity_lines": [ 8.182823, 7.912807, 7.544809, 7.427734 ] }, { "date": "2024-02-02", "close": 6.400999, "volume": 140505021, "typical_volume": 88516313.55, "trend": 7.337181, "fair_value": 6.905186, "relative_strength": -0.516449, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 17.085995, "energy": 11.67501, "activity_lines": [ 7.614787, 7.671051, 7.4534, 7.36502 ] }, { "date": "2024-02-09", "close": 6.627084, "volume": 71833923, "typical_volume": 90106326.3, "trend": 7.29615, "fair_value": 6.916504, "relative_strength": -1.657151, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.107081, "energy": 10.42371, "activity_lines": [ 7.213017, 7.488514, 7.389578, 7.319207 ] }, { "date": "2024-02-23", "close": 7.361856, "volume": 79111802, "typical_volume": 93045662.0, "trend": 7.276604, "fair_value": 6.930768, "relative_strength": 4.248598, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.765375, "energy": 10.975811, "activity_lines": [ 7.157439, 7.455116, 7.398931, 7.323446 ] }, { "date": "2024-03-01", "close": 7.552614, "volume": 86311109, "typical_volume": 96729825.65, "trend": 7.276133, "fair_value": 6.949284, "relative_strength": 6.12694, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.126812, "energy": 15.328645, "activity_lines": [ 7.231858, 7.456015, 7.425274, 7.341253 ] }, { "date": "2024-03-08", "close": 7.814024, "volume": 59425414, "typical_volume": 98644437.6, "trend": 7.286024, "fair_value": 6.965723, "relative_strength": 8.976644, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.059468, "energy": 16.082178, "activity_lines": [ 7.401421, 7.500846, 7.474461, 7.375956 ] }, { "date": "2024-03-15", "close": 7.976521, "volume": 75597593, "typical_volume": 101498024.2, "trend": 7.295208, "fair_value": 6.983182, "relative_strength": 10.663308, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.035543, "energy": 26.060889, "activity_lines": [ 7.676489, 7.564175, 7.536028, 7.420504 ] }, { "date": "2024-03-22", "close": 7.580874, "volume": 53695069, "typical_volume": 103191222.9, "trend": 7.300625, "fair_value": 6.995755, "relative_strength": 5.213351, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.430908, "energy": 22.480325, "activity_lines": [ 7.714641, 7.551715, 7.554095, 7.438934 ] }, { "date": "2024-03-29", "close": 10.54116, "volume": 298766298, "typical_volume": 116060099.05, "trend": 7.419554, "fair_value": 7.026919, "relative_strength": 45.112906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.429492, "energy": 69.129631, "activity_lines": [ 8.675968, 8.087765, 7.850695, 7.648001 ] }, { "date": "2024-04-05", "close": 14.03133, "volume": 153922000, "typical_volume": 122638826.2, "trend": 7.665892, "fair_value": 7.0791, "relative_strength": 87.843808, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.874147, "energy": 91.126331, "activity_lines": [ 10.588732, 9.218698, 8.460314, 8.074567 ] }, { "date": "2024-04-12", "close": 12.738413, "volume": 566788124, "typical_volume": 149721792.0, "trend": 7.86136, "fair_value": 7.123084, "relative_strength": 70.717229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.465152, "energy": 90.357347, "activity_lines": [ 11.638609, 9.998944, 8.911405, 8.401827 ] }, { "date": "2024-04-19", "close": 12.427548, "volume": 445653865, "typical_volume": 160825171.35, "trend": 8.019854, "fair_value": 7.164826, "relative_strength": 61.679854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.046316, "energy": 87.309695, "activity_lines": [ 12.256572, 10.647137, 9.304831, 8.696419 ] }, { "date": "2024-04-26", "close": 12.900911, "volume": 425414805, "typical_volume": 176078732.4, "trend": 8.206609, "fair_value": 7.212767, "relative_strength": 64.303193, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.710551, "energy": 86.458554, "activity_lines": [ 12.735587, 11.271822, 9.719386, 9.011326 ] }, { "date": "2024-05-03", "close": 12.046031, "volume": 157553685, "typical_volume": 179008018.8, "trend": 8.370991, "fair_value": 7.258007, "relative_strength": 50.798037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.14181, "energy": 66.573045, "activity_lines": [ 12.574973, 11.627005, 10.026719, 9.259031 ] }, { "date": "2024-05-10", "close": 12.985691, "volume": 393997885, "typical_volume": 196529736.25, "trend": 8.566459, "fair_value": 7.309181, "relative_strength": 57.780053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.202793, "energy": 59.693675, "activity_lines": [ 12.627255, 12.067869, 10.401136, 9.556753 ] }, { "date": "2024-05-17", "close": 12.187334, "volume": 205965624, "typical_volume": 204946883.05, "trend": 8.733902, "fair_value": 7.354943, "relative_strength": 46.267143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.901184, "energy": 51.356969, "activity_lines": [ 12.483126, 12.264793, 10.672706, 9.790358 ] }, { "date": "2024-05-24", "close": 10.767243, "volume": 134038177, "typical_volume": 205568069.5, "trend": 8.867669, "fair_value": 7.39185, "relative_strength": 30.631967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.682137, "energy": 35.555593, "activity_lines": [ 11.902373, 12.124004, 10.785311, 9.921542 ] }, { "date": "2024-05-31", "close": 11.268868, "volume": 224184517, "typical_volume": 211210416.05, "trend": 9.014388, "fair_value": 7.432109, "relative_strength": 35.399122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.137022, "energy": 28.867781, "activity_lines": [ 11.599515, 12.023679, 10.93139, 10.076458 ] }, { "date": "2024-06-07", "close": 10.088993, "volume": 110478254, "typical_volume": 206131399.45, "trend": 9.134966, "fair_value": 7.464126, "relative_strength": 21.682097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.371749, "energy": 21.550441, "activity_lines": [ 11.012168, 11.641778, 10.950231, 10.145787 ] }, { "date": "2024-06-14", "close": 10.512899, "volume": 60328469, "typical_volume": 201654574.4, "trend": 9.265435, "fair_value": 7.498816, "relative_strength": 26.558246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.15625, "energy": 22.010896, "activity_lines": [ 10.696593, 11.345171, 11.0012, 10.234686 ] }, { "date": "2024-06-21", "close": 10.22323, "volume": 85029995, "typical_volume": 191430081.45, "trend": 9.378006, "fair_value": 7.532688, "relative_strength": 23.411626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.859783, "energy": 18.066659, "activity_lines": [ 10.449314, 11.059868, 11.011058, 10.296479 ] }, { "date": "2024-06-28", "close": 10.16671, "volume": 65240669, "typical_volume": 187666863.85, "trend": 9.470324, "fair_value": 7.565699, "relative_strength": 22.982733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.469122, "energy": 14.705793, "activity_lines": [ 10.314135, 10.81002, 11.007727, 10.347363 ] }, { "date": "2024-07-05", "close": 9.622694, "volume": 52691300, "typical_volume": 186709732.7, "trend": 9.541681, "fair_value": 7.593129, "relative_strength": 16.28089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.238282, "energy": 14.808522, "activity_lines": [ 10.037653, 10.502366, 10.934654, 10.357194 ] }, { "date": "2024-07-12", "close": 10.18084, "volume": 74016319, "typical_volume": 186454958.55, "trend": 9.636354, "fair_value": 7.624751, "relative_strength": 21.234288, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.443872, "energy": 15.135768, "activity_lines": [ 10.056964, 10.355797, 10.900472, 10.39843 ] }, { "date": "2024-07-19", "close": 9.33678, "volume": 53742660, "typical_volume": 184826536.1, "trend": 9.70242, "fair_value": 7.650713, "relative_strength": 10.267965, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.821279, "energy": 31.75045, "activity_lines": [ 9.788799, 10.089676, 10.77248, 10.379102 ] }, { "date": "2024-07-26", "close": 9.137822, "volume": 36670460, "typical_volume": 183688788.4, "trend": 9.7668, "fair_value": 7.67508, "relative_strength": 10.800872, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.672889, "energy": 48.055365, "activity_lines": [ 9.532723, 9.853723, 10.617044, 10.342677 ] }, { "date": "2024-08-02", "close": 9.91944, "volume": 86440815, "typical_volume": 184230949.5, "trend": 9.838629, "fair_value": 7.706097, "relative_strength": 18.858864, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.360848, "energy": 32.319317, "activity_lines": [ 9.609547, 9.815329, 10.529743, 10.352524 ] }, { "date": "2024-08-09", "close": 9.407835, "volume": 81286081, "typical_volume": 185610500.1, "trend": 9.880687, "fair_value": 7.730647, "relative_strength": 13.672733, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.658486, "energy": 35.021786, "activity_lines": [ 9.53232, 9.69933, 10.384467, 10.324731 ] }, { "date": "2024-08-16", "close": 9.052556, "volume": 33084986, "typical_volume": 172326434.5, "trend": 9.903838, "fair_value": 7.752579, "relative_strength": 8.148559, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.803042, "energy": 40.41059, "activity_lines": [ 9.350991, 9.552573, 10.196654, 10.271303 ] }, { "date": "2024-08-23", "close": 9.613898, "volume": 145220727, "typical_volume": 171891370.85, "trend": 9.968544, "fair_value": 7.774513, "relative_strength": 15.06996, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.75855, "energy": 24.425794, "activity_lines": [ 9.431995, 9.526721, 10.069391, 10.252598 ] }, { "date": "2024-08-30", "close": 10.473679, "volume": 226095056, "typical_volume": 154856717.45, "trend": 10.031529, "fair_value": 7.802186, "relative_strength": 24.701868, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.173419, "energy": 11.779872, "activity_lines": [ 9.781118, 9.673539, 10.045047, 10.285187 ] }, { "date": "2024-09-06", "close": 10.267615, "volume": 213490858, "typical_volume": 143248567.1, "trend": 10.160416, "fair_value": 7.826581, "relative_strength": 24.375189, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -5.857067, "energy": 7.714281, "activity_lines": [ 9.972495, 9.778337, 10.011863, 10.300418 ] }, { "date": "2024-09-13", "close": 9.429152, "volume": 117547995, "typical_volume": 127855226.6, "trend": 10.253819, "fair_value": 7.836132, "relative_strength": 15.860273, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -40.373794, "energy": 21.628691, "activity_lines": [ 9.861174, 9.728853, 9.909111, 10.25324 ] }, { "date": "2024-09-20", "close": 9.386518, "volume": 38728154, "typical_volume": 121913950.05, "trend": 10.321307, "fair_value": 7.850873, "relative_strength": 13.256872, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.403048, "energy": 20.276276, "activity_lines": [ 9.73422, 9.675136, 9.81883, 10.197285 ] }, { "date": "2024-09-27", "close": 10.630002, "volume": 107391032, "typical_volume": 107583607.4, "trend": 10.423887, "fair_value": 7.864253, "relative_strength": 12.901301, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.017648, "energy": 7.656018, "activity_lines": [ 9.999496, 9.861949, 9.859641, 10.217201 ] }, { "date": "2024-10-04", "close": 11.688739, "volume": 50929932, "typical_volume": 99831822.8, "trend": 10.553044, "fair_value": 7.882964, "relative_strength": 13.996714, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.758954, "energy": 15.77275, "activity_lines": [ 10.549945, 10.217747, 10.012501, 10.298804 ] }, { "date": "2024-10-11", "close": 10.793432, "volume": 136778172, "typical_volume": 99968822.55, "trend": 10.646941, "fair_value": 7.897346, "relative_strength": 8.427678, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.182429, "energy": 21.632282, "activity_lines": [ 10.720954, 10.364381, 10.082468, 10.314313 ] }, { "date": "2024-10-18", "close": 11.269507, "volume": 98006127, "typical_volume": 93659903.05, "trend": 10.769896, "fair_value": 7.916874, "relative_strength": 10.906264, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.978544, "energy": 37.761583, "activity_lines": [ 11.0156, 10.581684, 10.197651, 10.354479 ] }, { "date": "2024-10-25", "close": 12.846953, "volume": 171663131, "typical_volume": 96719146.9, "trend": 10.846755, "fair_value": 7.951499, "relative_strength": 23.724875, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.588546, "energy": 60.570697, "activity_lines": [ 11.713371, 11.051946, 10.463064, 10.488482 ] }, { "date": "2024-11-01", "close": 12.79011, "volume": 162646302, "typical_volume": 101835038.55, "trend": 10.805381, "fair_value": 7.988604, "relative_strength": 22.992036, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.206824, "energy": 65.161034, "activity_lines": [ 12.161499, 11.442884, 10.70993, 10.61386 ] }, { "date": "2024-11-08", "close": 13.315925, "volume": 252401568, "typical_volume": 110203617.2, "trend": 10.824632, "fair_value": 8.029534, "relative_strength": 20.110164, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.655195, "energy": 69.372164, "activity_lines": [ 12.640891, 11.871676, 10.99603, 10.775831 ] }, { "date": "2024-11-15", "close": 12.761687, "volume": 187836942, "typical_volume": 116333430.85, "trend": 10.83577, "fair_value": 8.068187, "relative_strength": 18.13799, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.275986, "energy": 72.113504, "activity_lines": [ 12.827059, 12.14802, 11.214619, 10.900802 ] }, { "date": "2024-11-22", "close": 12.655102, "volume": 171259209, "typical_volume": 122261826.3, "trend": 10.827576, "fair_value": 8.101217, "relative_strength": 18.284828, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.61543, "energy": 61.231108, "activity_lines": [ 12.84648, 12.359638, 11.410699, 11.018178 ] }, { "date": "2024-11-29", "close": 12.17192, "volume": 165497148, "typical_volume": 126835867.75, "trend": 10.831772, "fair_value": 8.133608, "relative_strength": 10.942539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.11883, "energy": 41.901364, "activity_lines": [ 12.612469, 12.424751, 11.546322, 11.10491 ] }, { "date": "2024-12-06", "close": 12.115075, "volume": 73357964, "typical_volume": 127816632.95, "trend": 10.802752, "fair_value": 8.168025, "relative_strength": 7.224417, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.945402, "energy": 29.63324, "activity_lines": [ 12.404511, 12.428885, 11.667049, 11.187704 ] }, { "date": "2024-12-13", "close": 11.859273, "volume": 64796517, "typical_volume": 129222935.8, "trend": 10.791817, "fair_value": 8.191402, "relative_strength": 4.716394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.769203, "energy": 22.348899, "activity_lines": [ 12.156288, 12.359509, 11.750185, 11.255866 ] }, { "date": "2024-12-20", "close": 11.667422, "volume": 54393961, "typical_volume": 127620593.1, "trend": 10.821823, "fair_value": 8.215028, "relative_strength": 3.177362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.401049, "energy": 18.698113, "activity_lines": [ 11.941225, 12.252149, 11.80209, 11.312357 ] }, { "date": "2024-12-27", "close": 11.759795, "volume": 48057623, "typical_volume": 125959170.2, "trend": 10.838187, "fair_value": 8.238519, "relative_strength": 2.434622, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.363121, "energy": 18.028223, "activity_lines": [ 11.829903, 12.145694, 11.854469, 11.372871 ] }, { "date": "2025-01-03", "close": 11.916119, "volume": 53831961, "typical_volume": 126996518.95, "trend": 10.899091, "fair_value": 8.263421, "relative_strength": 9.211079, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.21151, "energy": 16.420897, "activity_lines": [ 11.830377, 12.058747, 11.910535, 11.442415 ] }, { "date": "2025-01-10", "close": 11.987175, "volume": 119371944, "typical_volume": 125704079.8, "trend": 10.948233, "fair_value": 8.287936, "relative_strength": 10.721912, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.163231, "energy": 14.355006, "activity_lines": [ 11.87159, 12.001644, 11.959733, 11.512614 ] }, { "date": "2025-01-17", "close": 12.633786, "volume": 87823686, "typical_volume": 118790511.3, "trend": 11.028585, "fair_value": 8.310292, "relative_strength": 13.41957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.958655, "energy": 24.416775, "activity_lines": [ 12.136867, 12.076705, 12.059212, 11.62136 ] }, { "date": "2025-01-24", "close": 12.349561, "volume": 51708111, "typical_volume": 110701373.95, "trend": 11.101347, "fair_value": 8.335697, "relative_strength": 9.830997, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.940267, "energy": 22.833862, "activity_lines": [ 12.255767, 12.112492, 12.121335, 11.706584 ] }, { "date": "2025-01-31", "close": 12.129287, "volume": 7065093, "typical_volume": 105177228.85, "trend": 11.1849, "fair_value": 8.350289, "relative_strength": 7.471805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.052688, "energy": 22.612341, "activity_lines": [ 12.255767, 12.115722, 12.152566, 11.772903 ] }, { "date": "2025-02-07", "close": 12.839848, "volume": 46472586, "typical_volume": 105564450.45, "trend": 11.273534, "fair_value": 8.377539, "relative_strength": 10.992358, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.223879, "energy": 41.201526, "activity_lines": [ 12.467988, 12.257705, 12.238612, 11.879673 ] }, { "date": "2025-02-14", "close": 14.111753, "volume": 121867405, "typical_volume": 106288269.1, "trend": 11.4327, "fair_value": 8.414058, "relative_strength": 19.171486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.089743, "energy": 62.805158, "activity_lines": [ 13.042595, 12.618799, 12.429347, 12.062784 ] }, { "date": "2025-02-21", "close": 15.277075, "volume": 134450563, "typical_volume": 110464300.65, "trend": 11.637341, "fair_value": 8.463281, "relative_strength": 26.353561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.54155, "energy": 81.3289, "activity_lines": [ 13.864004, 13.155467, 12.714485, 12.310809 ] }, { "date": "2025-02-28", "close": 19.85309, "volume": 169449079, "typical_volume": 112097846.0, "trend": 11.968463, "fair_value": 8.542066, "relative_strength": 64.008968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.005911, "energy": 97.819061, "activity_lines": [ 16.034533, 14.461996, 13.418347, 12.840857 ] }, { "date": "2025-03-07", "close": 17.692984, "volume": 381364114, "typical_volume": 126265745.35, "trend": 12.244635, "fair_value": 8.609985, "relative_strength": 41.918358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.631777, "energy": 91.084389, "activity_lines": [ 16.984791, 15.226948, 13.873343, 13.210181 ] }, { "date": "2025-03-14", "close": 17.444286, "volume": 169594073, "typical_volume": 126162292.45, "trend": 12.524359, "fair_value": 8.674967, "relative_strength": 36.234915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.722255, "energy": 87.580651, "activity_lines": [ 17.481236, 15.838805, 14.274066, 13.545642 ] }, { "date": "2025-03-21", "close": 16.470818, "volume": 177187282, "typical_volume": 126889341.45, "trend": 12.752923, "fair_value": 8.732047, "relative_strength": 29.127881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.647847, "energy": 79.039924, "activity_lines": [ 17.346229, 16.173157, 14.560185, 13.800252 ] }, { "date": "2025-03-28", "close": 16.520557, "volume": 112924656, "typical_volume": 119915495.85, "trend": 12.954486, "fair_value": 8.790402, "relative_strength": 29.082189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.316868, "energy": 53.062215, "activity_lines": [ 17.070532, 16.435031, 14.833515, 14.043326 ] }, { "date": "2025-04-04", "close": 16.56319, "volume": 74720783, "typical_volume": 114259687.9, "trend": 13.164338, "fair_value": 8.856997, "relative_strength": 29.524571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.816047, "energy": 43.501535, "activity_lines": [ 16.726146, 16.633988, 15.095644, 14.276145 ] }, { "date": "2025-04-11", "close": 15.980531, "volume": 111455110, "typical_volume": 111269482.95, "trend": 13.382717, "fair_value": 8.922451, "relative_strength": 28.510645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.212181, "energy": 30.345251, "activity_lines": [ 16.406867, 16.650396, 15.28418, 14.457835 ] }, { "date": "2025-04-18", "close": 16.605827, "volume": 119101806, "typical_volume": 108949715.85, "trend": 13.623361, "fair_value": 8.991914, "relative_strength": 31.303533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.541104, "energy": 27.567947, "activity_lines": [ 16.410184, 16.710471, 15.516432, 14.665778 ] }, { "date": "2025-04-25", "close": 16.541874, "volume": 113085957, "typical_volume": 110936115.5, "trend": 13.820423, "fair_value": 9.061103, "relative_strength": 29.525989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.337379, "energy": 25.655615, "activity_lines": [ 16.448081, 16.690446, 15.72148, 14.854069 ] }, { "date": "2025-05-02", "close": 16.882944, "volume": 58685817, "typical_volume": 110630580.5, "trend": 13.993564, "fair_value": 9.134162, "relative_strength": 32.011665, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.181498, "energy": 26.167658, "activity_lines": [ 16.59493, 16.68825, 15.937931, 15.051651 ] }, { "date": "2025-05-09", "close": 17.295071, "volume": 72169605, "typical_volume": 111519362.7, "trend": 14.210285, "fair_value": 9.212345, "relative_strength": 31.997224, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.848186, "energy": 32.966978, "activity_lines": [ 16.854996, 16.731788, 16.169709, 15.264651 ] }, { "date": "2025-05-16", "close": 17.110325, "volume": 108988339, "typical_volume": 114565898.5, "trend": 14.404979, "fair_value": 9.290754, "relative_strength": 28.830738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.368405, "energy": 32.442353, "activity_lines": [ 17.004688, 16.788246, 16.357095, 15.451751 ] }, { "date": "2025-05-23", "close": 16.364235, "volume": 104118490, "typical_volume": 117080224.95, "trend": 14.522222, "fair_value": 9.364654, "relative_strength": 23.074591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.104823, "energy": 28.770088, "activity_lines": [ 16.830363, 16.719645, 16.447945, 15.578154 ] }, { "date": "2025-05-30", "close": 16.229227, "volume": 69594439, "typical_volume": 114591349.7, "trend": 14.636859, "fair_value": 9.437164, "relative_strength": 21.387485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.325553, "energy": 22.752745, "activity_lines": [ 16.627142, 16.646134, 16.504756, 15.688284 ] }, { "date": "2025-06-06", "close": 16.442396, "volume": 37246323, "typical_volume": 112062481.55, "trend": 14.741074, "fair_value": 9.508993, "relative_strength": 20.705044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.441842, "energy": 19.696921, "activity_lines": [ 16.515821, 16.615773, 16.561669, 15.80477 ] }, { "date": "2025-06-13", "close": 16.861628, "volume": 112668032, "typical_volume": 115110477.6, "trend": 14.877739, "fair_value": 9.580437, "relative_strength": 23.190422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.39372, "energy": 18.64376, "activity_lines": [ 16.573613, 16.663058, 16.640372, 15.94158 ] }, { "date": "2025-06-20", "close": 16.641352, "volume": 75936440, "typical_volume": 118554044.95, "trend": 15.010614, "fair_value": 9.650582, "relative_strength": 21.311745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.990167, "energy": 14.815699, "activity_lines": [ 16.586877, 16.664866, 16.676611, 16.055361 ] }, { "date": "2025-06-27", "close": 18.666452, "volume": 197537036, "typical_volume": 126107267.45, "trend": 15.227099, "fair_value": 9.729999, "relative_strength": 32.25623, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.209009, "energy": 43.633822, "activity_lines": [ 17.306438, 17.02286, 16.88423, 16.291222 ] }, { "date": "2025-07-04", "close": 17.735619, "volume": 116766583, "typical_volume": 125852226.35, "trend": 15.41445, "fair_value": 9.801424, "relative_strength": 22.862609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.913767, "energy": 43.728948, "activity_lines": [ 17.562241, 17.174145, 16.975452, 16.453062 ] }, { "date": "2025-07-11", "close": 17.817772, "volume": 65664687, "typical_volume": 122412932.55, "trend": 15.613067, "fair_value": 9.869779, "relative_strength": 21.175803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.108935, "energy": 53.215049, "activity_lines": [ 17.745002, 17.318663, 17.057243, 16.608115 ] }, { "date": "2025-07-18", "close": 18.537611, "volume": 70797453, "typical_volume": 117480351.25, "trend": 15.842073, "fair_value": 9.942338, "relative_strength": 24.000886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.485187, "energy": 63.673842, "activity_lines": [ 18.076017, 17.577063, 17.195491, 16.796795 ] }, { "date": "2025-07-25", "close": 19.977285, "volume": 143193459, "typical_volume": 105571818.5, "trend": 16.115989, "fair_value": 10.020917, "relative_strength": 30.013141, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.257865, "energy": 69.700588, "activity_lines": [ 18.775192, 18.074631, 17.477114, 17.063583 ] }, { "date": "2025-08-01", "close": 19.029381, "volume": 131882602, "typical_volume": 103686244.95, "trend": 16.353098, "fair_value": 10.094649, "relative_strength": 23.940088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.84913, "energy": 61.893464, "activity_lines": [ 18.936003, 18.347726, 17.657584, 17.251544 ] }, { "date": "2025-08-08", "close": 18.908222, "volume": 68539221, "typical_volume": 98253841.9, "trend": 16.5838, "fair_value": 10.161861, "relative_strength": 19.58327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.178605, "energy": 56.744822, "activity_lines": [ 19.032232, 18.550335, 17.818967, 17.416391 ] }, { "date": "2025-08-15", "close": 18.950983, "volume": 71458603, "typical_volume": 96180539.25, "trend": 16.794373, "fair_value": 10.227903, "relative_strength": 16.831153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.369637, "energy": 48.935105, "activity_lines": [ 19.064542, 18.71201, 17.972815, 17.569112 ] }, { "date": "2025-08-22", "close": 19.442753, "volume": 120840476, "typical_volume": 98486523.9, "trend": 17.030813, "fair_value": 10.296842, "relative_strength": 14.958083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.668744, "energy": 42.232305, "activity_lines": [ 19.185227, 18.917487, 18.161925, 17.739975 ] }, { "date": "2025-08-29", "close": 19.521152, "volume": 112531878, "typical_volume": 98540362.3, "trend": 17.277208, "fair_value": 10.371478, "relative_strength": 13.778691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.729623, "energy": 40.44269, "activity_lines": [ 19.271703, 19.090289, 18.34479, 17.900642 ] }, { "date": "2025-09-05", "close": 21.238785, "volume": 167055761, "typical_volume": 100938060.05, "trend": 17.557173, "fair_value": 10.451705, "relative_strength": 24.26577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.09056, "energy": 53.775352, "activity_lines": [ 19.961132, 19.523027, 18.674378, 18.156228 ] }, { "date": "2025-09-12", "close": 21.110497, "volume": 169569952, "typical_volume": 103762259.8, "trend": 17.790464, "fair_value": 10.533034, "relative_strength": 20.64363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.828158, "energy": 61.320809, "activity_lines": [ 20.460505, 19.885671, 18.969687, 18.385475 ] }, { "date": "2025-09-19", "close": 20.255243, "volume": 87875409, "typical_volume": 105221739.4, "trend": 17.956403, "fair_value": 10.61276, "relative_strength": 16.359607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.060265, "energy": 54.92084, "activity_lines": [ 20.527974, 20.031453, 19.161788, 18.544493 ] }, { "date": "2025-09-26", "close": 19.214685, "volume": 62284829, "typical_volume": 104727500.6, "trend": 17.935123, "fair_value": 10.689182, "relative_strength": 9.422783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.70618, "energy": 48.427108, "activity_lines": [ 20.161641, 19.943724, 19.238729, 18.625672 ] }, { "date": "2025-10-03", "close": 20.454803, "volume": 44808207, "typical_volume": 101518494.0, "trend": 18.027183, "fair_value": 10.771534, "relative_strength": 14.001337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.641423, "energy": 39.216993, "activity_lines": [ 20.223884, 20.069161, 19.424636, 18.788232 ] }, { "date": "2025-10-10", "close": 19.82049, "volume": 35002130, "typical_volume": 98062676.0, "trend": 18.10639, "fair_value": 10.854341, "relative_strength": 9.27465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.091644, "energy": 24.793679, "activity_lines": [ 20.012447, 20.070587, 19.534206, 18.903929 ] }, { "date": "2025-10-17", "close": 17.839153, "volume": 62511035, "typical_volume": 97708505.8, "trend": 18.152001, "fair_value": 10.924543, "relative_strength": -0.670554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.270019, "energy": 14.224957, "activity_lines": [ 19.235116, 19.697385, 19.438619, 18.886688 ] }, { "date": "2025-10-24", "close": 17.903299, "volume": 40233230, "typical_volume": 97857851.15, "trend": 18.198093, "fair_value": 10.997497, "relative_strength": -3.357117, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.943823, "energy": 15.045574, "activity_lines": [ 18.697258, 19.355284, 19.341475, 18.870643 ] }, { "date": "2025-10-31", "close": 18.879713, "volume": 49234288, "typical_volume": 94686163.95, "trend": 18.27531, "fair_value": 11.070136, "relative_strength": 1.438421, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.75813, "energy": 18.673837, "activity_lines": [ 18.641667, 19.209762, 19.330366, 18.914618 ] }, { "date": "2025-11-07", "close": 22.77824, "volume": 162137860, "typical_volume": 98996234.95, "trend": 18.501901, "fair_value": 11.170492, "relative_strength": 20.171474, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.146414, "energy": 26.918092, "activity_lines": [ 19.907916, 19.7833, 19.680935, 19.20513 ] }, { "date": "2025-11-14", "close": 25.871407, "volume": 297929189, "typical_volume": 104015842.6, "trend": 18.810753, "fair_value": 11.294364, "relative_strength": 35.276863, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.068558, "energy": 72.664775, "activity_lines": [ 22.050326, 20.860012, 20.296869, 19.680582 ] }, { "date": "2025-11-21", "close": 21.751936, "volume": 123504639, "typical_volume": 104352745.4, "trend": 18.984422, "fair_value": 11.387595, "relative_strength": 17.503688, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.843061, "energy": 65.273726, "activity_lines": [ 22.416184, 21.1035, 20.486162, 19.870336 ] }, { "date": "2025-11-28", "close": 22.414757, "volume": 88780812, "typical_volume": 105508551.65, "trend": 19.168816, "fair_value": 11.486423, "relative_strength": 18.418851, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.543217, "energy": 68.763135, "activity_lines": [ 22.74213, 21.455838, 20.719456, 20.091648 ] }, { "date": "2025-12-05", "close": 22.77824, "volume": 86964009, "typical_volume": 106316879.45, "trend": 19.351588, "fair_value": 11.587709, "relative_strength": 18.831777, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.274941, "energy": 67.603577, "activity_lines": [ 22.888473, 21.835, 20.965477, 20.324514 ] }, { "date": "2025-12-12", "close": 25.515051, "volume": 124545726, "typical_volume": 105384492.8, "trend": 19.631746, "fair_value": 11.708077, "relative_strength": 31.986788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.606298, "energy": 58.819953, "activity_lines": [ 23.687184, 22.646972, 21.451953, 20.722157 ] }, { "date": "2025-12-19", "close": 25.379637, "volume": 87389237, "typical_volume": 103159824.55, "trend": 19.932259, "fair_value": 11.826327, "relative_strength": 29.713664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.388353, "energy": 64.769261, "activity_lines": [ 24.258304, 23.342319, 21.899163, 21.092988 ] }, { "date": "2025-12-26", "close": 25.49367, "volume": 63817518, "typical_volume": 102923739.4, "trend": 20.241074, "fair_value": 11.945468, "relative_strength": 26.451563, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.326859, "energy": 66.737006, "activity_lines": [ 24.900219, 23.957324, 22.326993, 21.451789 ] }, { "date": "2026-01-02", "close": 25.19433, "volume": 28095958, "typical_volume": 100755607.15, "trend": 20.532805, "fair_value": 12.065031, "relative_strength": 23.572041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.139457, "energy": 67.02571, "activity_lines": [ 25.192906, 24.37873, 22.694955, 21.771354 ] }, { "date": "2026-01-09", "close": 26.135111, "volume": 74004244, "typical_volume": 98413795.55, "trend": 20.841921, "fair_value": 12.193222, "relative_strength": 22.29866, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.140122, "energy": 63.801384, "activity_lines": [ 25.613881, 24.838624, 23.122786, 22.132793 ] }, { "date": "2026-01-16", "close": 27.004616, "volume": 101959102, "typical_volume": 97885156.75, "trend": 21.187363, "fair_value": 12.325576, "relative_strength": 25.685891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.898026, "energy": 62.903642, "activity_lines": [ 26.100899, 25.324692, 23.601558, 22.530386 ] }, { "date": "2026-01-23", "close": 27.596167, "volume": 68103503, "typical_volume": 92937543.85, "trend": 21.48502, "fair_value": 12.460215, "relative_strength": 26.045026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.430851, "energy": 58.78297, "activity_lines": [ 26.685797, 25.841473, 24.101032, 22.943857 ] }, { "date": "2026-01-30", "close": 30.069273, "volume": 151082724, "typical_volume": 92013182.45, "trend": 21.896142, "fair_value": 12.610835, "relative_strength": 36.181849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.054231, "energy": 66.8102, "activity_lines": [ 27.947296, 26.776549, 24.805768, 23.49768 ] }, { "date": "2026-02-06", "close": 30.59668, "volume": 71765666, "typical_volume": 91207695.3, "trend": 22.322106, "fair_value": 12.76288, "relative_strength": 38.546905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.800051, "energy": 78.574833, "activity_lines": [ 29.079556, 27.656294, 25.518071, 24.059005 ] }, { "date": "2026-02-13", "close": 32.171772, "volume": 88447115, "typical_volume": 92515809.6, "trend": 22.776578, "fair_value": 12.91489, "relative_strength": 43.2324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.427264, "energy": 88.888264, "activity_lines": [ 30.37669, 28.673656, 26.331139, 24.694468 ] }, { "date": "2026-02-27", "close": 34.088963, "volume": 59182711, "typical_volume": 93234534.8, "trend": 23.246967, "fair_value": 13.080857, "relative_strength": 46.938344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.514319, "energy": 94.037958, "activity_lines": [ 31.910444, 29.868808, 27.265096, 25.424299 ] }, { "date": "2026-03-06", "close": 37.702408, "volume": 115077243, "typical_volume": 97238290.45, "trend": 23.869401, "fair_value": 13.271943, "relative_strength": 62.266944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.791667, "energy": 95.529743, "activity_lines": [ 34.176389, 31.56506, 28.478265, 26.356908 ] }, { "date": "2026-03-13", "close": 35.699692, "volume": 61934475, "typical_volume": 97209462.45, "trend": 24.429117, "fair_value": 13.450319, "relative_strength": 52.914308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.962413, "energy": 88.399497, "activity_lines": [ 35.101014, 32.673131, 29.415548, 27.120153 ] }, { "date": "2026-03-20", "close": 30.724966, "volume": 63804007, "typical_volume": 98388001.3, "trend": 24.821583, "fair_value": 13.597832, "relative_strength": 34.995742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.481438, "energy": 62.90924, "activity_lines": [ 33.992035, 32.691143, 29.793998, 27.526336 ] }, { "date": "2026-03-27", "close": 29.420706, "volume": 59982846, "typical_volume": 98925429.2, "trend": 25.154181, "fair_value": 13.739485, "relative_strength": 29.560392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.335683, "energy": 49.862393, "activity_lines": [ 32.43975, 32.37146, 29.987176, 27.823054 ] }, { "date": "2026-04-03", "close": 28.693739, "volume": 46394006, "typical_volume": 93138236.5, "trend": 25.459934, "fair_value": 13.877953, "relative_strength": 26.421057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.259431, "energy": 25.143352, "activity_lines": [ 30.828547, 31.859862, 30.060925, 28.051413 ] }, { "date": "2026-04-10", "close": 30.639441, "volume": 39080206, "typical_volume": 80195787.35, "trend": 25.773289, "fair_value": 14.027739, "relative_strength": 30.230612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.450764, "energy": 28.249574, "activity_lines": [ 30.225594, 31.671318, 30.291809, 28.385574 ] }, { "date": "2026-04-17", "close": 32.506744, "volume": 58978307, "typical_volume": 76969470.75, "trend": 26.153164, "fair_value": 14.188534, "relative_strength": 34.589462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.678098, "energy": 25.637904, "activity_lines": [ 30.715939, 31.76695, 30.677827, 28.819991 ] }, { "date": "2026-04-24", "close": 34.673386, "volume": 67330210, "typical_volume": 75896940.65, "trend": 26.633769, "fair_value": 14.364724, "relative_strength": 40.997738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.90584, "energy": 31.693444, "activity_lines": [ 32.141361, 32.2122, 31.218978, 29.369682 ] }, { "date": "2026-05-01", "close": 33.034153, "volume": 42159089, "typical_volume": 73656694.65, "trend": 27.094418, "fair_value": 14.525564, "relative_strength": 32.009014, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.643126, "energy": 38.187763, "activity_lines": [ 32.757144, 32.285286, 31.545637, 29.78261 ] }, { "date": "2026-05-08", "close": 32.285805, "volume": 35309710, "typical_volume": 69194893.85, "trend": 27.488785, "fair_value": 14.684141, "relative_strength": 25.901396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.51398, "energy": 40.242479, "activity_lines": [ 32.882582, 32.206629, 31.752188, 30.117539 ] }, { "date": "2026-05-15", "close": 30.568171, "volume": 75834268, "typical_volume": 68617145.4, "trend": 27.847041, "fair_value": 14.832476, "relative_strength": 19.656424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.76445, "energy": 31.930587, "activity_lines": [ 32.196003, 31.848459, 31.762912, 30.316209 ] }, { "date": "2026-05-22", "close": 35.984776, "volume": 106858999, "typical_volume": 70769219.45, "trend": 28.451895, "fair_value": 15.016976, "relative_strength": 40.030485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.155217, "energy": 39.333445, "activity_lines": [ 33.319711, 32.60484, 32.264797, 30.841224 ] }, { "date": "2026-05-29", "close": 41.957291, "volume": 224285507, "typical_volume": 80578696.9, "trend": 29.253695, "fair_value": 15.241878, "relative_strength": 62.339964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.33442, "energy": 64.643442, "activity_lines": [ 36.202389, 34.44195, 33.285534, 31.71254 ] }, { "date": "2026-06-05", "close": 46.518642, "volume": 171962607, "typical_volume": 85476615.05, "trend": 30.174992, "fair_value": 15.493646, "relative_strength": 78.198194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.58115, "energy": 87.29157, "activity_lines": [ 40.119923, 36.904172, 34.660863, 32.826407 ] }, { "date": "2026-06-12", "close": 51.742813, "volume": 187226084, "typical_volume": 89739964.15, "trend": 31.140478, "fair_value": 15.779833, "relative_strength": 93.445664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.118576, "energy": 93.944121, "activity_lines": [ 44.879882, 40.005371, 36.436667, 34.21788 ] }, { "date": "2026-06-19", "close": 62.35508, "volume": 126591227, "typical_volume": 92664350.35, "trend": 32.356601, "fair_value": 16.131257, "relative_strength": 123.130351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.599255, "energy": 98.007486, "activity_lines": [ 51.880129, 44.617, 39.105362, 36.231725 ] }, { "date": "2026-06-26", "close": 67.372566, "volume": 219541058, "typical_volume": 96087267.05, "trend": 33.877288, "fair_value": 16.518212, "relative_strength": 137.012573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.297022, "energy": 97.698433, "activity_lines": [ 58.433744, 49.564251, 42.086395, 38.490819 ] }, { "date": "2026-07-03", "close": 61.143471, "volume": 140721102, "typical_volume": 99535038.85, "trend": 35.168245, "fair_value": 16.863216, "relative_strength": 108.728744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.811154, "energy": 89.149045, "activity_lines": [ 60.818475, 52.745015, 44.296545, 40.249928 ] }, { "date": "2026-07-10", "close": 52.726353, "volume": 101948797, "typical_volume": 100210122.95, "trend": 36.166516, "fair_value": 17.155034, "relative_strength": 78.305785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.725901, "energy": 76.796976, "activity_lines": [ 59.118421, 53.91412, 45.559605, 41.382709 ] }, { "date": "2026-07-17", "close": 41.810001, "volume": 85042197, "typical_volume": 101503097.25, "trend": 36.709681, "fair_value": 17.375112, "relative_strength": 47.787916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.997368, "energy": 51.029409, "activity_lines": [ 53.365736, 52.740393, 45.685133, 41.746805 ] }, { "date": "2026-07-24", "close": 38.700001, "volume": 108873903, "typical_volume": 101192930.25, "trend": 37.153693, "fair_value": 17.572817, "relative_strength": 33.327923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.945354, "energy": 22.209158, "activity_lines": [ 47.238572, 50.828045, 45.477703, 41.875213 ] }, { "date": "2026-07-31", "close": 33.700001, "volume": 81868458, "typical_volume": 102189629.4, "trend": 37.427237, "fair_value": 17.737892, "relative_strength": 14.617916, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.238927, "energy": 24.475571, "activity_lines": [ 41.021746, 47.858754, 44.789333, 41.652394 ] }, { "date": "2026-08-07", "close": 40.119999, "volume": 137624757, "typical_volume": 105880666.9, "trend": 37.92476, "fair_value": 17.946567, "relative_strength": 31.13069, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.877174, "energy": 29.874309, "activity_lines": [ 39.189757, 46.098277, 44.721913, 41.82612 ] } ], "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." } } }