{ "ticker": { "uuid": "5f73114b-32b5-48bd-9b79-31855c12b631", "symbol": "002952", "name": "Yes Optoelectronics (Group) 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.937, "architecture_energy": 71.041, "architecture_maturity": 14.358, "architecture_confidence": 84.81, "architecture_tenure": "New", "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": 12.02, "rotation_up": 11.34, "upward_expansion": 15.82, "deceleration": 38.84, "rotation_down": 73.14, "downward_expansion": 91.49 }, "activity_lines": [ 19.016, 19.960545, 22.506867, 23.38126 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 20.18, "trend_reference": 23.866757, "distance_from_trend": -0.154472, "trend_direction": "Improving", "fair_value": 22.313219, "distance_from_fair_value": -0.095603, "fair_value_direction": "Weakening", "relative_strength": -12.282335, "relative_strength_direction": "Weakening", "price_momentum": -0.148743, "excess_performance": -0.156143, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.154472, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.005914, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.095603, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.381826, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.122823, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.168106, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.148743, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.858954, "read": "Supply-led" } ], "volume": { "latest": 18517922, "relative_activity": 0.571155, "balance": 0.858954, "dry_up": 0.580012, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.141386, "annualized_volatility": 0.455253, "from_high_reference": -0.40079, "from_low_reference": 0.254975 }, "levels": { "trend_reference": 23.866757, "fair_value_reference": 22.313219, "structural_low": 16.08, "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": 19, "median_return": 0.022745, "positive_rate": 0.526316, "directional_follow_through": 0.473684, "median_excess_return": 0.027035, "regime_survival": 0.684211, "best_return": 0.365639, "worst_return": -0.13511, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.050315, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.068194, "regime_survival": 0.333333, "best_return": 0.393705, "worst_return": -0.087575, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.236725, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.256904, "regime_survival": 0.0, "best_return": 0.493878, "worst_return": -0.06501, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.219155, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.381559, "regime_survival": 0.0, "best_return": 0.627587, "worst_return": 0.007534, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-24", "tenure": "Developing", "return": -0.274386, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-21", "tenure": "New", "return": 0.083572, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-02-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-06-06", "tenure": "Established", "return": 0.010445, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": -0.020985, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": -0.0043, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-09-19", "tenure": "Developing", "return": -0.069623, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-26", "end": "2025-10-17", "tenure": "New", "return": 0.130736, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-12-05", "tenure": "Developing", "return": 0.074489, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": -0.038095, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-01-30", "tenure": "Developing", "return": 0.204361, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-06-26", "tenure": "Established", "return": -0.087452, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": -0.157339, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 16.332451, "volume": 7718583, "typical_volume": 11636277.1, "trend": 16.830426, "fair_value": 14.594461, "relative_strength": 2.142124, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.100819, "energy": 18.171529, "activity_lines": [ 17.263183, 17.273474, 16.946277, 16.924702 ] }, { "date": "2023-08-04", "close": 16.262995, "volume": 8467104, "typical_volume": 11570187.1, "trend": 16.888796, "fair_value": 14.59211, "relative_strength": 0.094825, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.170699, "energy": 10.642256, "activity_lines": [ 16.852392, 17.107139, 16.885947, 16.888093 ] }, { "date": "2023-08-11", "close": 15.598186, "volume": 6224241, "typical_volume": 10957368.5, "trend": 16.877859, "fair_value": 14.586875, "relative_strength": -0.468587, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.191271, "energy": 38.504498, "activity_lines": [ 16.308638, 16.82966, 16.765221, 16.804828 ] }, { "date": "2023-08-18", "close": 15.657722, "volume": 5856922, "typical_volume": 10297692.1, "trend": 16.845011, "fair_value": 14.579565, "relative_strength": 2.915484, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.79337, "energy": 52.369134, "activity_lines": [ 15.922322, 16.583943, 16.66229, 16.72611 ] }, { "date": "2023-08-25", "close": 15.002835, "volume": 6907406, "typical_volume": 9882294.95, "trend": 16.777094, "fair_value": 14.562484, "relative_strength": 1.483363, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.922735, "energy": 71.215426, "activity_lines": [ 15.553204, 16.236294, 16.508187, 16.607259 ] }, { "date": "2023-09-01", "close": 15.985165, "volume": 19068550, "typical_volume": 10180381.05, "trend": 16.714151, "fair_value": 14.556613, "relative_strength": 4.30832, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.416422, "energy": 59.126048, "activity_lines": [ 15.624647, 16.106399, 16.459279, 16.556167 ] }, { "date": "2023-09-08", "close": 16.560671, "volume": 22601214, "typical_volume": 10853006.75, "trend": 16.678141, "fair_value": 14.554912, "relative_strength": 9.322312, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.783386, "energy": 33.478972, "activity_lines": [ 15.911077, 16.099544, 16.470436, 16.546265 ] }, { "date": "2023-09-15", "close": 16.084389, "volume": 9344125, "typical_volume": 10735002.4, "trend": 16.650796, "fair_value": 14.542307, "relative_strength": 7.060723, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.020013, "energy": 24.97089, "activity_lines": [ 16.018901, 16.024854, 16.43395, 16.507959 ] }, { "date": "2023-09-22", "close": 16.570595, "volume": 12641000, "typical_volume": 11010100.1, "trend": 16.643534, "fair_value": 14.533658, "relative_strength": 9.235086, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.867848, "energy": 15.022513, "activity_lines": [ 16.256381, 16.067251, 16.443801, 16.502785 ] }, { "date": "2023-09-29", "close": 16.203459, "volume": 12775309, "typical_volume": 11233595.55, "trend": 16.621127, "fair_value": 14.532003, "relative_strength": 6.944041, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.463515, "energy": 15.31848, "activity_lines": [ 16.310623, 16.090524, 16.411051, 16.474393 ] }, { "date": "2023-10-13", "close": 16.262995, "volume": 14142750, "typical_volume": 11233734.9, "trend": 16.603934, "fair_value": 14.526836, "relative_strength": 7.330448, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.285222, "energy": 12.635357, "activity_lines": [ 16.30467, 16.133642, 16.377531, 16.451287 ] }, { "date": "2023-10-20", "close": 14.278492, "volume": 10480550, "typical_volume": 11140315.65, "trend": 16.517362, "fair_value": 14.516617, "relative_strength": -0.898044, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.02713, "energy": 38.584454, "activity_lines": [ 15.618693, 15.817204, 16.15659, 16.301259 ] }, { "date": "2023-10-27", "close": 16.243151, "volume": 8296810, "typical_volume": 11144597.2, "trend": 16.453976, "fair_value": 14.522827, "relative_strength": 10.500369, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.345552, "energy": 29.499688, "activity_lines": [ 15.739748, 15.894058, 16.134758, 16.283568 ] }, { "date": "2023-11-03", "close": 15.955398, "volume": 21351200, "typical_volume": 11697060.2, "trend": 16.385519, "fair_value": 14.523177, "relative_strength": 7.817501, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.788154, "energy": 28.856483, "activity_lines": [ 15.754301, 15.906867, 16.087934, 16.251401 ] }, { "date": "2023-11-10", "close": 16.312607, "volume": 9993175, "typical_volume": 11785321.0, "trend": 16.347699, "fair_value": 14.526177, "relative_strength": 8.98129, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.274792, "energy": 21.806054, "activity_lines": [ 15.928937, 15.979211, 16.0782, 16.246697 ] }, { "date": "2023-11-17", "close": 18.366568, "volume": 13858996, "typical_volume": 12228489.55, "trend": 16.390292, "fair_value": 14.535632, "relative_strength": 22.353292, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.430632, "energy": 23.330749, "activity_lines": [ 16.78095, 16.401189, 16.268098, 16.376947 ] }, { "date": "2023-11-24", "close": 17.076639, "volume": 54957774, "typical_volume": 14453048.25, "trend": 16.42347, "fair_value": 14.547305, "relative_strength": 15.062571, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.467792, "energy": 20.782046, "activity_lines": [ 17.062749, 16.545335, 16.328625, 16.421228 ] }, { "date": "2023-12-01", "close": 20.698357, "volume": 47868362, "typical_volume": 16412309.65, "trend": 16.57705, "fair_value": 14.577939, "relative_strength": 40.151297, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.141667, "energy": 67.12823, "activity_lines": [ 18.365244, 17.338595, 16.736535, 16.697027 ] }, { "date": "2023-12-08", "close": 18.892462, "volume": 84305881, "typical_volume": 19821054.05, "trend": 16.707891, "fair_value": 14.596039, "relative_strength": 29.411351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.918337, "energy": 67.4594, "activity_lines": [ 18.76876, 17.71962, 16.957996, 16.846408 ] }, { "date": "2023-12-15", "close": 17.642225, "volume": 38182190, "typical_volume": 20752107.1, "trend": 16.800933, "fair_value": 14.606064, "relative_strength": 22.354587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.217811, "energy": 58.98383, "activity_lines": [ 18.559726, 17.831113, 17.061805, 16.906688 ] }, { "date": "2023-12-22", "close": 23.88348, "volume": 52494814, "typical_volume": 22990918.65, "trend": 17.043892, "fair_value": 14.658014, "relative_strength": 66.059542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.4613, "energy": 80.075349, "activity_lines": [ 20.342469, 19.05122, 17.755529, 17.363626 ] }, { "date": "2023-12-29", "close": 38.459648, "volume": 105381136, "typical_volume": 27836620.25, "trend": 17.765942, "fair_value": 14.796091, "relative_strength": 150.589261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.057657, "energy": 96.988471, "activity_lines": [ 26.616141, 22.782986, 19.801504, 18.745288 ] }, { "date": "2024-01-05", "close": 40.275471, "volume": 105242523, "typical_volume": 32787534.35, "trend": 18.550133, "fair_value": 14.945329, "relative_strength": 164.455754, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.372957, "energy": 98.272596, "activity_lines": [ 32.069553, 26.405243, 21.914715, 20.197516 ] }, { "date": "2024-01-12", "close": 34.788322, "volume": 117500558, "typical_volume": 38369716.15, "trend": 19.156399, "fair_value": 15.055198, "relative_strength": 124.877515, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.430266, "energy": 89.276106, "activity_lines": [ 34.388775, 28.592886, 23.38783, 21.245141 ] }, { "date": "2024-01-19", "close": 33.79607, "volume": 126979151, "typical_volume": 44373303.4, "trend": 19.711067, "fair_value": 15.178301, "relative_strength": 117.712304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.907826, "energy": 87.867412, "activity_lines": [ 35.317522, 30.257703, 24.675346, 22.189636 ] }, { "date": "2024-01-26", "close": 30.313269, "volume": 85474831, "typical_volume": 47693617.45, "trend": 20.154934, "fair_value": 15.280636, "relative_strength": 91.602879, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.75589, "energy": 64.677135, "activity_lines": [ 34.008412, 30.971402, 25.541676, 22.873649 ] }, { "date": "2024-02-02", "close": 29.122568, "volume": 117634095, "typical_volume": 52445261.5, "trend": 20.539266, "fair_value": 15.380432, "relative_strength": 95.652356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.791804, "energy": 48.783856, "activity_lines": [ 31.873749, 31.251397, 26.226376, 23.452206 ] }, { "date": "2024-02-09", "close": 23.675112, "volume": 67895909, "typical_volume": 55372850.7, "trend": 20.739701, "fair_value": 15.443571, "relative_strength": 43.469646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.695349, "energy": 25.400174, "activity_lines": [ 28.54574, 30.321929, 26.332453, 23.654518 ] }, { "date": "2024-02-23", "close": 33.389252, "volume": 92305046, "typical_volume": 59356053.0, "trend": 21.213005, "fair_value": 15.572276, "relative_strength": 92.417173, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.485663, "energy": 25.39253, "activity_lines": [ 29.562468, 31.104545, 27.327539, 24.470618 ] }, { "date": "2024-03-01", "close": 33.92506, "volume": 110375535, "typical_volume": 64236064.3, "trend": 21.787187, "fair_value": 15.710467, "relative_strength": 83.954161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.704611, "energy": 27.480605, "activity_lines": [ 30.85107, 31.721003, 28.293566, 25.290751 ] }, { "date": "2024-03-08", "close": 29.717918, "volume": 73039990, "typical_volume": 67180926.3, "trend": 22.233369, "fair_value": 15.820431, "relative_strength": 59.528583, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.88029, "energy": 24.814434, "activity_lines": [ 30.728692, 31.276475, 28.774524, 25.802411 ] }, { "date": "2024-03-15", "close": 29.469856, "volume": 41581798, "typical_volume": 68735988.7, "trend": 22.673598, "fair_value": 15.928385, "relative_strength": 51.77624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.362436, "energy": 27.725377, "activity_lines": [ 30.563317, 30.680763, 29.167787, 26.269281 ] }, { "date": "2024-03-22", "close": 30.263659, "volume": 84179302, "typical_volume": 72530113.3, "trend": 23.162447, "fair_value": 16.036695, "relative_strength": 54.142329, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.49749, "energy": 25.843133, "activity_lines": [ 30.63939, 30.39283, 29.564309, 26.758962 ] }, { "date": "2024-03-29", "close": 27.276983, "volume": 42040689, "typical_volume": 73564587.75, "trend": 23.549756, "fair_value": 16.126817, "relative_strength": 39.527407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.345843, "energy": 15.131629, "activity_lines": [ 29.280668, 29.743898, 29.609622, 27.024416 ] }, { "date": "2024-04-05", "close": 26.840391, "volume": 20403697, "typical_volume": 74085113.85, "trend": 23.944341, "fair_value": 16.210845, "relative_strength": 33.675722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.842776, "energy": 11.729631, "activity_lines": [ 28.1839, 29.152156, 29.559443, 27.236715 ] }, { "date": "2024-04-12", "close": 24.756664, "volume": 20056317, "typical_volume": 74394979.9, "trend": 24.236724, "fair_value": 16.28625, "relative_strength": 26.203966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.956329, "energy": 10.393228, "activity_lines": [ 26.864867, 28.308021, 29.26068, 27.289123 ] }, { "date": "2024-04-19", "close": 22.851543, "volume": 28177710, "typical_volume": 73055976.7, "trend": 24.44642, "fair_value": 16.345068, "relative_strength": 14.805414, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.163214, "energy": 24.595472, "activity_lines": [ 25.241545, 27.218529, 28.750049, 27.199757 ] }, { "date": "2024-04-26", "close": 23.972784, "volume": 17403284, "typical_volume": 71532722.8, "trend": 24.709367, "fair_value": 16.408617, "relative_strength": 16.953634, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.759427, "energy": 39.839384, "activity_lines": [ 24.43319, 26.446919, 28.318703, 27.1692 ] }, { "date": "2024-05-03", "close": 24.171236, "volume": 8884500, "typical_volume": 67761653.75, "trend": 24.962721, "fair_value": 16.473558, "relative_strength": 15.263368, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.07122, "energy": 41.303872, "activity_lines": [ 24.110378, 25.705978, 27.890665, 27.134482 ] }, { "date": "2024-05-10", "close": 23.685034, "volume": 20800075, "typical_volume": 66892548.0, "trend": 25.212107, "fair_value": 16.53706, "relative_strength": 10.288163, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.974175, "energy": 41.730788, "activity_lines": [ 23.832548, 25.044237, 27.391185, 27.05205 ] }, { "date": "2024-05-17", "close": 25.877909, "volume": 27456480, "typical_volume": 65640631.3, "trend": 25.532604, "fair_value": 16.612222, "relative_strength": 19.389832, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.221564, "energy": 23.591242, "activity_lines": [ 24.496033, 24.967382, 27.071775, 27.095005 ] }, { "date": "2024-05-24", "close": 24.171236, "volume": 53985500, "typical_volume": 63070849.5, "trend": 25.862362, "fair_value": 16.680818, "relative_strength": 13.696007, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.382671, "energy": 23.700343, "activity_lines": [ 24.515878, 24.650043, 26.580327, 27.007175 ] }, { "date": "2024-05-31", "close": 23.418533, "volume": 22658325, "typical_volume": 58941639.6, "trend": 26.101542, "fair_value": 16.747704, "relative_strength": 9.922168, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.511446, "energy": 31.107823, "activity_lines": [ 24.196843, 24.292186, 26.085233, 26.849508 ] }, { "date": "2024-06-07", "close": 20.909403, "volume": 19107200, "typical_volume": 54021971.7, "trend": 26.266675, "fair_value": 16.799286, "relative_strength": -1.302706, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -46.679014, "energy": 50.004643, "activity_lines": [ 23.07838, 23.602581, 25.431446, 26.514532 ] }, { "date": "2024-06-14", "close": 21.71591, "volume": 11587835, "typical_volume": 48252405.9, "trend": 26.446785, "fair_value": 16.855858, "relative_strength": 1.837065, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.424518, "energy": 67.380616, "activity_lines": [ 22.446209, 23.175388, 24.920559, 26.220934 ] }, { "date": "2024-06-21", "close": 20.461344, "volume": 10303136, "typical_volume": 44493821.15, "trend": 26.516611, "fair_value": 16.907024, "relative_strength": -2.646737, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.494901, "energy": 77.760782, "activity_lines": [ 21.527125, 22.613264, 24.347714, 25.834776 ] }, { "date": "2024-06-28", "close": 20.461344, "volume": 15058500, "typical_volume": 39365041.4, "trend": 26.629435, "fair_value": 16.956693, "relative_strength": -0.922079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.801665, "energy": 81.218604, "activity_lines": [ 20.969144, 22.129237, 23.821783, 25.444114 ] }, { "date": "2024-07-05", "close": 19.147041, "volume": 9085000, "typical_volume": 36424495.95, "trend": 26.577724, "fair_value": 16.997114, "relative_strength": -6.167371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.424355, "energy": 83.970141, "activity_lines": [ 20.220389, 21.449703, 23.211924, 24.961379 ] }, { "date": "2024-07-12", "close": 19.545313, "volume": 10727725, "typical_volume": 32345629.9, "trend": 26.599486, "fair_value": 17.039783, "relative_strength": -6.400032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.645411, "energy": 81.234653, "activity_lines": [ 19.889157, 20.930324, 22.661558, 24.507675 ] }, { "date": "2024-07-19", "close": 18.659153, "volume": 8897375, "typical_volume": 27271721.9, "trend": 26.633384, "fair_value": 17.074627, "relative_strength": -11.478946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.149477, "energy": 82.987053, "activity_lines": [ 19.353478, 20.333933, 22.09272, 23.995395 ] }, { "date": "2024-07-26", "close": 18.181225, "volume": 8079300, "typical_volume": 24023687.4, "trend": 26.443308, "fair_value": 17.105673, "relative_strength": -10.952582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.380861, "energy": 79.290608, "activity_lines": [ 18.862273, 19.742025, 21.551059, 23.450095 ] }, { "date": "2024-08-02", "close": 19.137081, "volume": 38862525, "typical_volume": 23887723.75, "trend": 25.799223, "fair_value": 17.141927, "relative_strength": -6.318375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.898645, "energy": 58.121675, "activity_lines": [ 18.841695, 19.463848, 21.155369, 22.978725 ] }, { "date": "2024-08-09", "close": 19.057428, "volume": 20731280, "typical_volume": 20715322.65, "trend": 25.091955, "fair_value": 17.176997, "relative_strength": -5.539474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.680636, "energy": 54.56945, "activity_lines": [ 18.882851, 19.26272, 20.801296, 22.543771 ] }, { "date": "2024-08-16", "close": 27.381363, "volume": 60873195, "typical_volume": 21656947.95, "trend": 24.845056, "fair_value": 17.271918, "relative_strength": 34.460573, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -7.38539, "energy": 11.038317, "activity_lines": [ 21.704625, 20.654327, 21.293343, 22.691475 ] }, { "date": "2024-08-23", "close": 19.923676, "volume": 79053699, "typical_volume": 24589448.05, "trend": 24.382643, "fair_value": 17.319339, "relative_strength": -0.92822, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -36.591548, "energy": 23.022952, "activity_lines": [ 21.5181, 20.572319, 21.074636, 22.373966 ] }, { "date": "2024-08-30", "close": 20.481258, "volume": 54159194, "typical_volume": 26294591.9, "trend": 24.054909, "fair_value": 17.372478, "relative_strength": -0.928666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.646565, "energy": 21.820729, "activity_lines": [ 21.433135, 20.624275, 20.941969, 22.122264 ] }, { "date": "2024-09-06", "close": 19.65484, "volume": 53554626, "typical_volume": 27563437.7, "trend": 23.739318, "fair_value": 17.41738, "relative_strength": -3.085237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.126169, "energy": 23.393766, "activity_lines": [ 20.919361, 20.525612, 20.750955, 21.838389 ] }, { "date": "2024-09-13", "close": 19.81415, "volume": 57890698, "typical_volume": 29587808.4, "trend": 23.61062, "fair_value": 17.463547, "relative_strength": -1.224737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.57677, "energy": 29.875791, "activity_lines": [ 20.424173, 20.470578, 20.590335, 21.585152 ] }, { "date": "2024-09-20", "close": 20.321949, "volume": 19472150, "typical_volume": 30117190.9, "trend": 23.175043, "fair_value": 17.515298, "relative_strength": -0.532043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.78136, "energy": 28.591536, "activity_lines": [ 20.047804, 20.495742, 20.49788, 21.37298 ] }, { "date": "2024-09-27", "close": 22.751423, "volume": 71555993, "typical_volume": 32654986.8, "trend": 22.802588, "fair_value": 17.579069, "relative_strength": -6.066014, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.164995, "energy": 9.556291, "activity_lines": [ 20.951887, 20.948507, 20.655134, 21.345649 ] }, { "date": "2024-10-04", "close": 24.802536, "volume": 18063568, "typical_volume": 32185341.2, "trend": 22.638742, "fair_value": 17.658929, "relative_strength": -7.973298, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.821524, "energy": 11.464062, "activity_lines": [ 22.351157, 21.699798, 21.012177, 21.474678 ] }, { "date": "2024-10-11", "close": 21.785606, "volume": 46278972, "typical_volume": 31800014.8, "trend": 22.382601, "fair_value": 17.718225, "relative_strength": -15.755028, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.213541, "energy": 14.763481, "activity_lines": [ 22.456699, 21.782168, 21.087015, 21.419637 ] }, { "date": "2024-10-18", "close": 24.85232, "volume": 32625997, "typical_volume": 32298398.4, "trend": 22.202223, "fair_value": 17.792952, "relative_strength": -7.195655, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.612355, "energy": 30.565877, "activity_lines": [ 23.442428, 22.373967, 21.465281, 21.578974 ] }, { "date": "2024-10-25", "close": 28.606056, "volume": 93746812, "typical_volume": 36030379.0, "trend": 22.246525, "fair_value": 17.896765, "relative_strength": 3.261605, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.006531, "energy": 58.183374, "activity_lines": [ 25.343525, 23.542902, 22.194218, 21.992124 ] }, { "date": "2024-11-01", "close": 25.698652, "volume": 66341478, "typical_volume": 38768061.15, "trend": 22.208467, "fair_value": 17.98341, "relative_strength": -6.324657, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.570797, "energy": 57.158022, "activity_lines": [ 25.723213, 24.160952, 22.609608, 22.214842 ] }, { "date": "2024-11-08", "close": 28.237654, "volume": 42938996, "typical_volume": 40399854.15, "trend": 22.3245, "fair_value": 18.085412, "relative_strength": -4.221298, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.588114, "energy": 67.488592, "activity_lines": [ 26.752753, 25.135638, 23.247843, 22.603822 ] }, { "date": "2024-11-15", "close": 26.236322, "volume": 36700615, "typical_volume": 41481959.9, "trend": 22.437326, "fair_value": 18.175688, "relative_strength": -8.131723, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.331642, "energy": 64.488192, "activity_lines": [ 26.886174, 25.60542, 23.658445, 22.856198 ] }, { "date": "2024-11-22", "close": 24.892149, "volume": 23408216, "typical_volume": 42198120.7, "trend": 22.467971, "fair_value": 18.259123, "relative_strength": -10.600049, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.660494, "energy": 46.390039, "activity_lines": [ 26.274824, 25.711144, 23.913531, 23.014573 ] }, { "date": "2024-11-29", "close": 25.658827, "volume": 18157325, "typical_volume": 42569600.7, "trend": 22.517558, "fair_value": 18.350596, "relative_strength": -9.792733, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.296944, "energy": 36.027133, "activity_lines": [ 25.916377, 25.863937, 24.214275, 23.220435 ] }, { "date": "2024-12-06", "close": 26.196495, "volume": 21231069, "typical_volume": 43186285.4, "trend": 22.601273, "fair_value": 18.44325, "relative_strength": -9.628782, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.032968, "energy": 27.563326, "activity_lines": [ 25.933635, 26.017454, 24.537114, 23.457786 ] }, { "date": "2024-12-13", "close": 26.983088, "volume": 22971610, "typical_volume": 43930900.9, "trend": 22.638112, "fair_value": 18.538374, "relative_strength": -6.597085, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.365073, "energy": 29.129323, "activity_lines": [ 26.179901, 26.251349, 24.898975, 23.740484 ] }, { "date": "2024-12-20", "close": 27.10257, "volume": 20562343, "typical_volume": 43015891.8, "trend": 22.735824, "fair_value": 18.633467, "relative_strength": -6.044116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.681986, "energy": 34.336467, "activity_lines": [ 26.549633, 26.467323, 25.230301, 24.028513 ] }, { "date": "2024-12-27", "close": 28.377048, "volume": 27328374, "typical_volume": 43345746.5, "trend": 22.901107, "fair_value": 18.737281, "relative_strength": -1.79938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.282905, "energy": 44.872706, "activity_lines": [ 27.28644, 26.818347, 25.645076, 24.392463 ] }, { "date": "2025-01-03", "close": 28.038515, "volume": 61355095, "typical_volume": 43369841.5, "trend": 23.138745, "fair_value": 18.837395, "relative_strength": 5.409016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.881835, "energy": 42.899206, "activity_lines": [ 27.678077, 27.043734, 25.98323, 24.723909 ] }, { "date": "2025-01-10", "close": 20.321949, "volume": 53478382, "typical_volume": 42091075.65, "trend": 23.092279, "fair_value": 18.889819, "relative_strength": -21.495493, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.87905, "energy": 8.45156, "activity_lines": [ 25.338878, 25.876428, 25.583343, 24.54218 ] }, { "date": "2025-01-17", "close": 20.471302, "volume": 32827949, "typical_volume": 41024513.4, "trend": 23.092611, "fair_value": 18.941792, "relative_strength": -22.720401, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -5.539777, "energy": 15.930784, "activity_lines": [ 23.441101, 24.834036, 25.195784, 24.373085 ] }, { "date": "2025-01-24", "close": 20.590784, "volume": 24258700, "typical_volume": 39559717.1, "trend": 23.096926, "fair_value": 18.993918, "relative_strength": -22.202574, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -27.348509, "energy": 35.577426, "activity_lines": [ 22.01727, 23.954573, 24.819652, 24.211676 ] }, { "date": "2025-01-31", "close": 20.849665, "volume": 6409950, "typical_volume": 36985679.7, "trend": 23.15368, "fair_value": 19.046295, "relative_strength": -19.315717, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.907075, "energy": 53.191553, "activity_lines": [ 21.113852, 23.224826, 24.463718, 24.066692 ] }, { "date": "2025-02-07", "close": 22.183884, "volume": 21218671, "typical_volume": 37073005.75, "trend": 23.241632, "fair_value": 19.097119, "relative_strength": -16.604665, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.92881, "energy": 55.924256, "activity_lines": [ 21.156999, 22.811165, 24.229922, 24.004124 ] }, { "date": "2025-02-14", "close": 21.686039, "volume": 24200702, "typical_volume": 34705241.2, "trend": 23.342528, "fair_value": 19.115659, "relative_strength": -19.380791, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.697044, "energy": 48.046862, "activity_lines": [ 21.424506, 22.370166, 23.939845, 23.903764 ] }, { "date": "2025-02-21", "close": 22.592113, "volume": 34922215, "typical_volume": 35548173.55, "trend": 23.489558, "fair_value": 19.155748, "relative_strength": -16.821467, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.524035, "energy": 25.843237, "activity_lines": [ 21.903099, 22.175917, 23.741135, 23.85535 ] }, { "date": "2025-02-28", "close": 21.267853, "volume": 24915500, "typical_volume": 34479999.95, "trend": 23.560584, "fair_value": 19.194821, "relative_strength": -17.874852, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.134216, "energy": 23.842904, "activity_lines": [ 21.798884, 21.820729, 23.42683, 23.712014 ] }, { "date": "2025-03-07", "close": 21.297722, "volume": 15323675, "typical_volume": 33614883.85, "trend": 23.63526, "fair_value": 19.238188, "relative_strength": -18.749433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.989692, "energy": 30.295985, "activity_lines": [ 21.659488, 21.577057, 23.117836, 23.566023 ] }, { "date": "2025-03-14", "close": 21.825436, "volume": 16124205, "typical_volume": 29733753.5, "trend": 23.450063, "fair_value": 19.284877, "relative_strength": -17.045645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.2995, "energy": 28.157532, "activity_lines": [ 21.666126, 21.558049, 22.876026, 23.44926 ] }, { "date": "2025-03-21", "close": 21.437119, "volume": 17439675, "typical_volume": 27288663.35, "trend": 23.500511, "fair_value": 19.331833, "relative_strength": -15.519971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.62595, "energy": 34.288577, "activity_lines": [ 21.567222, 21.581402, 22.629523, 23.319393 ] }, { "date": "2025-03-28", "close": 21.596428, "volume": 20092293, "typical_volume": 26146328.2, "trend": 23.537683, "fair_value": 19.382321, "relative_strength": -13.643104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.064775, "energy": 32.120843, "activity_lines": [ 21.538015, 21.613445, 22.418485, 23.196549 ] }, { "date": "2025-04-04", "close": 18.420189, "volume": 23773958, "typical_volume": 25499995.35, "trend": 23.496528, "fair_value": 19.410979, "relative_strength": -23.985328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.544058, "energy": 60.425195, "activity_lines": [ 20.516441, 21.047534, 21.936573, 22.866388 ] }, { "date": "2025-04-11", "close": 16.876879, "volume": 20361630, "typical_volume": 25347666.05, "trend": 23.398619, "fair_value": 19.4355, "relative_strength": -26.003215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.206439, "energy": 84.52121, "activity_lines": [ 19.170274, 20.240485, 21.344899, 22.439313 ] }, { "date": "2025-04-18", "close": 17.424503, "volume": 12821950, "typical_volume": 25080897.3, "trend": 23.302038, "fair_value": 19.464451, "relative_strength": -22.75348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.383677, "energy": 87.014788, "activity_lines": [ 18.301372, 19.605237, 20.843547, 22.053887 ] }, { "date": "2025-04-25", "close": 17.723207, "volume": 9161275, "typical_volume": 24477407.6, "trend": 23.13443, "fair_value": 19.498992, "relative_strength": -22.016986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.560933, "energy": 86.256283, "activity_lines": [ 17.825433, 19.110834, 20.409855, 21.693962 ] }, { "date": "2025-05-02", "close": 18.171268, "volume": 5127175, "typical_volume": 23585185.85, "trend": 22.913388, "fair_value": 19.539345, "relative_strength": -19.442733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.191169, "energy": 81.932122, "activity_lines": [ 17.746442, 18.769947, 20.059184, 21.373758 ] }, { "date": "2025-05-09", "close": 18.977772, "volume": 10256414, "typical_volume": 23069889.4, "trend": 22.819794, "fair_value": 19.588971, "relative_strength": -17.362782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.865383, "energy": 55.204828, "activity_lines": [ 18.164629, 18.656076, 19.827283, 21.119847 ] }, { "date": "2025-05-16", "close": 18.86825, "volume": 8287100, "typical_volume": 22117825.7, "trend": 22.620325, "fair_value": 19.63324, "relative_strength": -17.699091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.060555, "energy": 44.98338, "activity_lines": [ 18.509137, 18.56393, 19.623642, 20.864909 ] }, { "date": "2025-05-23", "close": 20.511131, "volume": 30015815, "typical_volume": 20550861.7, "trend": 22.350494, "fair_value": 19.696615, "relative_strength": -9.699704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.528512, "energy": 26.480409, "activity_lines": [ 19.268514, 18.814662, 19.621746, 20.728832 ] }, { "date": "2025-05-30", "close": 19.164537, "volume": 42818773, "typical_volume": 20017881.25, "trend": 22.13269, "fair_value": 19.748234, "relative_strength": -14.422169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.865543, "energy": 22.28262, "activity_lines": [ 19.373251, 18.844455, 19.527447, 20.523286 ] }, { "date": "2025-06-06", "close": 21.520176, "volume": 57395294, "typical_volume": 21246248.5, "trend": 21.908774, "fair_value": 19.814587, "relative_strength": -5.133963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.118168, "energy": 16.758898, "activity_lines": [ 20.167113, 19.343866, 19.663006, 20.483769 ] }, { "date": "2025-06-13", "close": 21.879513, "volume": 46256849, "typical_volume": 22346155.95, "trend": 21.763547, "fair_value": 19.883549, "relative_strength": -2.807371, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.155645, "energy": 18.055378, "activity_lines": [ 20.857493, 19.909998, 19.827793, 20.481882 ] }, { "date": "2025-06-20", "close": 20.991156, "volume": 49110259, "typical_volume": 24481171.4, "trend": 21.633514, "fair_value": 19.949511, "relative_strength": -5.532416, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.019549, "energy": 17.841623, "activity_lines": [ 21.058304, 20.251713, 19.901838, 20.43205 ] }, { "date": "2025-06-27", "close": 21.969345, "volume": 29912195, "typical_volume": 24915847.6, "trend": 21.510531, "fair_value": 20.018681, "relative_strength": -4.526841, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.025062, "energy": 21.410872, "activity_lines": [ 21.443652, 20.696475, 20.06837, 20.453716 ] }, { "date": "2025-07-04", "close": 21.420361, "volume": 23265880, "typical_volume": 24869106.5, "trend": 21.351327, "fair_value": 20.085322, "relative_strength": -7.935354, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.890605, "energy": 30.84015, "activity_lines": [ 21.54879, 20.958789, 20.18364, 20.447899 ] }, { "date": "2025-07-11", "close": 20.89134, "volume": 13893236, "typical_volume": 23817657.55, "trend": 21.148268, "fair_value": 20.148758, "relative_strength": -11.586449, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.232432, "energy": 25.474967, "activity_lines": [ 21.3272, 21.057696, 20.249791, 20.418222 ] }, { "date": "2025-07-18", "close": 20.801506, "volume": 11611275, "typical_volume": 23152446.3, "trend": 20.938233, "fair_value": 20.207768, "relative_strength": -13.580188, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.754399, "energy": 14.436769, "activity_lines": [ 21.117588, 21.090814, 20.315486, 20.395851 ] }, { "date": "2025-07-25", "close": 20.931267, "volume": 10814650, "typical_volume": 22926995.05, "trend": 20.69004, "fair_value": 20.26556, "relative_strength": -14.842509, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.67121, "energy": 8.084498, "activity_lines": [ 21.023096, 21.114366, 20.39576, 20.395401 ] }, { "date": "2025-08-01", "close": 20.611856, "volume": 10674604, "typical_volume": 22654515.0, "trend": 20.442485, "fair_value": 20.318014, "relative_strength": -14.522568, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.798809, "energy": 7.570449, "activity_lines": [ 20.826127, 21.042333, 20.447359, 20.390357 ] }, { "date": "2025-08-08", "close": 20.541986, "volume": 11341175, "typical_volume": 22349590.0, "trend": 20.44982, "fair_value": 20.353439, "relative_strength": -15.549401, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.004752, "energy": 6.512414, "activity_lines": [ 20.696367, 20.955766, 20.498082, 20.396777 ] }, { "date": "2025-08-15", "close": 20.661766, "volume": 14372009, "typical_volume": 22063575.8, "trend": 20.456168, "fair_value": 20.392737, "relative_strength": -17.662103, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.152283, "energy": 5.21171, "activity_lines": [ 20.665092, 20.865933, 20.564476, 20.41045 ] }, { "date": "2025-08-22", "close": 21.520176, "volume": 20467809, "typical_volume": 21898268.35, "trend": 20.487148, "fair_value": 20.43406, "relative_strength": -17.496999, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.91574, "energy": 8.797231, "activity_lines": [ 20.935259, 20.947781, 20.717073, 20.479096 ] }, { "date": "2025-08-29", "close": 20.611856, "volume": 24786522, "typical_volume": 22119512.95, "trend": 20.479221, "fair_value": 20.468194, "relative_strength": -23.710723, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.961592, "energy": 15.006163, "activity_lines": [ 20.854741, 20.871014, 20.768403, 20.487142 ] }, { "date": "2025-09-05", "close": 19.913151, "volume": 15181992, "typical_volume": 22237515.05, "trend": 20.40353, "fair_value": 20.49698, "relative_strength": -25.113099, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.240809, "energy": 5.568527, "activity_lines": [ 20.562615, 20.674106, 20.735403, 20.450621 ] }, { "date": "2025-09-12", "close": 19.843279, "volume": 9093027, "typical_volume": 22234102.65, "trend": 20.342105, "fair_value": 20.524822, "relative_strength": -26.669911, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.084455, "energy": 13.078227, "activity_lines": [ 20.293779, 20.501879, 20.683898, 20.414476 ] }, { "date": "2025-09-19", "close": 19.473963, "volume": 11654267, "typical_volume": 22560457.25, "trend": 20.238166, "fair_value": 20.560294, "relative_strength": -28.16515, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.765948, "energy": 35.309582, "activity_lines": [ 19.948418, 20.291178, 20.587124, 20.358467 ] }, { "date": "2025-09-26", "close": 18.705385, "volume": 10946261, "typical_volume": 22594949.6, "trend": 20.152751, "fair_value": 20.591025, "relative_strength": -31.098937, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.594018, "energy": 56.182003, "activity_lines": [ 19.426051, 19.966506, 20.41095, 20.259578 ] }, { "date": "2025-10-03", "close": 19.124609, "volume": 3319600, "typical_volume": 22346574.6, "trend": 20.080314, "fair_value": 20.626804, "relative_strength": -30.596831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.893152, "energy": 55.121666, "activity_lines": [ 19.231079, 19.756168, 20.275998, 20.193246 ] }, { "date": "2025-10-10", "close": 19.084684, "volume": 8590425, "typical_volume": 21275305.1, "trend": 19.988955, "fair_value": 20.664934, "relative_strength": -29.363434, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.936367, "energy": 53.984156, "activity_lines": [ 19.121948, 19.571419, 20.136023, 20.129012 ] }, { "date": "2025-10-17", "close": 21.15086, "volume": 76118793, "typical_volume": 22940306.1, "trend": 19.979413, "fair_value": 20.709417, "relative_strength": -17.026461, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.001695, "energy": 11.744044, "activity_lines": [ 19.756773, 19.790105, 20.19962, 20.203973 ] }, { "date": "2025-10-24", "close": 20.502062, "volume": 36877561, "typical_volume": 21914419.45, "trend": 19.942934, "fair_value": 20.739618, "relative_strength": -22.348924, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.358609, "energy": 3.922761, "activity_lines": [ 20.08816, 19.879758, 20.191968, 20.237693 ] }, { "date": "2025-10-31", "close": 19.683575, "volume": 21740270, "typical_volume": 20688590.5, "trend": 19.985047, "fair_value": 20.743459, "relative_strength": -25.231044, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.576536, "energy": 8.084289, "activity_lines": [ 20.078179, 19.823498, 20.111212, 20.22096 ] }, { "date": "2025-11-07", "close": 19.633667, "volume": 12436367, "typical_volume": 18854895.9, "trend": 20.07694, "fair_value": 20.746359, "relative_strength": -24.781499, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.428017, "energy": 9.570173, "activity_lines": [ 19.986348, 19.791557, 20.036161, 20.19829 ] }, { "date": "2025-11-14", "close": 20.182652, "volume": 13011504, "typical_volume": 18009861.35, "trend": 20.168879, "fair_value": 20.760664, "relative_strength": -20.864151, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.695429, "energy": 3.879016, "activity_lines": [ 20.043576, 19.877217, 20.019858, 20.20511 ] }, { "date": "2025-11-21", "close": 20.262503, "volume": 20599824, "typical_volume": 17876558.55, "trend": 20.253522, "fair_value": 20.773929, "relative_strength": -15.608768, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.408547, "energy": 11.363876, "activity_lines": [ 20.054222, 19.972495, 20.019667, 20.21115 ] }, { "date": "2025-11-28", "close": 23.087276, "volume": 27878538, "typical_volume": 18575823.65, "trend": 20.417389, "fair_value": 20.813437, "relative_strength": -6.546403, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.155631, "energy": 34.593792, "activity_lines": [ 21.065684, 20.573746, 20.294017, 20.393973 ] }, { "date": "2025-12-05", "close": 22.029234, "volume": 65412475, "typical_volume": 21265883.65, "trend": 20.519104, "fair_value": 20.842995, "relative_strength": -11.264292, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.754991, "energy": 42.19354, "activity_lines": [ 21.552117, 20.916929, 20.457144, 20.497963 ] }, { "date": "2025-12-12", "close": 20.96121, "volume": 30124225, "typical_volume": 22231362.4, "trend": 20.588869, "fair_value": 20.870861, "relative_strength": -15.463695, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.334151, "energy": 37.821044, "activity_lines": [ 21.526165, 21.005492, 20.512707, 20.526486 ] }, { "date": "2025-12-19", "close": 20.162689, "volume": 18793250, "typical_volume": 22637294.7, "trend": 20.577255, "fair_value": 20.895906, "relative_strength": -17.091049, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.696852, "energy": 25.662114, "activity_lines": [ 21.145536, 20.915477, 20.492079, 20.498991 ] }, { "date": "2025-12-26", "close": 19.683575, "volume": 14888975, "typical_volume": 22814684.7, "trend": 20.594556, "fair_value": 20.920737, "relative_strength": -20.820185, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.583986, "energy": 7.509438, "activity_lines": [ 20.606534, 20.71875, 20.427959, 20.441334 ] }, { "date": "2026-01-02", "close": 19.603724, "volume": 8743125, "typical_volume": 22533240.5, "trend": 20.530674, "fair_value": 20.948533, "relative_strength": -19.509582, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.812862, "energy": 18.740965, "activity_lines": [ 20.079509, 20.534183, 20.360323, 20.377409 ] }, { "date": "2026-01-09", "close": 21.160843, "volume": 30089050, "typical_volume": 23014302.55, "trend": 20.506719, "fair_value": 20.99103, "relative_strength": -16.263196, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.449891, "energy": 9.739249, "activity_lines": [ 20.303762, 20.649062, 20.446022, 20.418065 ] }, { "date": "2026-01-16", "close": 21.360472, "volume": 24014338, "typical_volume": 22975693.35, "trend": 20.519029, "fair_value": 21.034931, "relative_strength": -15.95713, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.550273, "energy": 8.507092, "activity_lines": [ 20.65245, 20.773377, 20.552444, 20.473146 ] }, { "date": "2026-01-23", "close": 21.600029, "volume": 14713235, "typical_volume": 22952255.5, "trend": 20.506719, "fair_value": 21.071301, "relative_strength": -15.487086, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.735659, "energy": 35.607695, "activity_lines": [ 21.054372, 20.909852, 20.678116, 20.542888 ] }, { "date": "2026-01-30", "close": 23.706131, "volume": 25466775, "typical_volume": 23770942.9, "trend": 20.582911, "fair_value": 21.116577, "relative_strength": -5.325181, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.354958, "energy": 67.796894, "activity_lines": [ 22.062506, 21.403484, 20.996336, 20.749302 ] }, { "date": "2026-02-06", "close": 24.075449, "volume": 89491990, "typical_volume": 27662829.05, "trend": 20.689048, "fair_value": 21.161674, "relative_strength": -1.387719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.418216, "energy": 74.206671, "activity_lines": [ 22.925576, 21.901653, 21.331336, 20.974627 ] }, { "date": "2026-02-13", "close": 22.797813, "volume": 29278163, "typical_volume": 28579424.15, "trend": 20.755591, "fair_value": 21.19324, "relative_strength": -7.496183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.545462, "energy": 68.255185, "activity_lines": [ 23.064652, 22.149558, 21.522743, 21.110676 ] }, { "date": "2026-02-27", "close": 22.8577, "volume": 17903794, "typical_volume": 29308633.85, "trend": 20.819806, "fair_value": 21.226681, "relative_strength": -9.302445, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.063115, "energy": 65.861344, "activity_lines": [ 23.114559, 22.394377, 21.700367, 21.246296 ] }, { "date": "2026-03-06", "close": 26.081736, "volume": 67851509, "typical_volume": 32271688.05, "trend": 21.002135, "fair_value": 21.285508, "relative_strength": 6.037249, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.216391, "energy": 69.594862, "activity_lines": [ 24.13933, 23.190903, 22.167265, 21.585776 ] }, { "date": "2026-03-13", "close": 27.109833, "volume": 70486732, "typical_volume": 31990085.0, "trend": 21.221063, "fair_value": 21.35167, "relative_strength": 9.462071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.185084, "energy": 73.720326, "activity_lines": [ 25.208019, 24.066737, 22.698758, 21.979821 ] }, { "date": "2026-03-20", "close": 25.343102, "volume": 51581885, "typical_volume": 32725301.2, "trend": 21.377108, "fair_value": 21.405949, "relative_strength": 5.575715, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.637922, "energy": 67.68135, "activity_lines": [ 25.460884, 24.486324, 23.033614, 22.245759 ] }, { "date": "2026-03-27", "close": 24.085428, "volume": 37402239, "typical_volume": 33508399.65, "trend": 21.462616, "fair_value": 21.452786, "relative_strength": 1.395842, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.147825, "energy": 58.307189, "activity_lines": [ 25.210015, 24.572891, 23.22564, 22.420489 ] }, { "date": "2026-04-03", "close": 25.133492, "volume": 32622717, "typical_volume": 34517717.15, "trend": 21.613338, "fair_value": 21.505721, "relative_strength": 9.223874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.410639, "energy": 43.419717, "activity_lines": [ 25.222659, 24.79684, 23.496519, 22.65732 ] }, { "date": "2026-04-10", "close": 26.301329, "volume": 53905546, "typical_volume": 36562419.25, "trend": 21.826277, "fair_value": 21.558007, "relative_strength": 6.585697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.29247, "energy": 41.063354, "activity_lines": [ 25.472862, 25.164524, 23.852432, 22.959771 ] }, { "date": "2026-04-17", "close": 24.87397, "volume": 34506307, "typical_volume": 37257743.4, "trend": 21.993966, "fair_value": 21.602012, "relative_strength": -3.050153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.610333, "energy": 32.455095, "activity_lines": [ 25.23264, 25.187209, 24.04327, 23.156396 ] }, { "date": "2026-04-24", "close": 26.930164, "volume": 61546146, "typical_volume": 38941123.8, "trend": 22.242507, "fair_value": 21.6628, "relative_strength": 4.553896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.921572, "energy": 40.050371, "activity_lines": [ 25.826873, 25.562514, 24.407975, 23.47486 ] }, { "date": "2026-05-01", "close": 27.549021, "volume": 47422220, "typical_volume": 38041611.05, "trend": 22.537294, "fair_value": 21.729853, "relative_strength": 5.729566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.387907, "energy": 43.180005, "activity_lines": [ 26.521588, 25.998435, 24.813321, 23.817216 ] }, { "date": "2026-05-08", "close": 28.048098, "volume": 31523474, "typical_volume": 38111573.5, "trend": 22.834744, "fair_value": 21.806564, "relative_strength": 4.528268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.211748, "energy": 49.770895, "activity_lines": [ 27.151756, 26.438711, 25.239912, 24.172752 ] }, { "date": "2026-05-15", "close": 29.834789, "volume": 56195569, "typical_volume": 39981689.45, "trend": 23.193081, "fair_value": 21.894665, "relative_strength": 11.15059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.946597, "energy": 70.583998, "activity_lines": [ 28.18318, 27.10947, 25.802918, 24.624368 ] }, { "date": "2026-05-22", "close": 30.633314, "volume": 70876144, "typical_volume": 42781047.9, "trend": 23.509163, "fair_value": 21.995089, "relative_strength": 13.722552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.943031, "energy": 72.32839, "activity_lines": [ 29.245215, 27.857177, 26.395916, 25.104383 ] }, { "date": "2026-05-29", "close": 27.019999, "volume": 82300253, "typical_volume": 46458904.3, "trend": 23.726427, "fair_value": 22.073095, "relative_strength": 0.776187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.41536, "energy": 44.990071, "activity_lines": [ 28.718856, 27.883855, 26.592647, 25.330888 ] }, { "date": "2026-06-05", "close": 24.25, "volume": 8339700, "typical_volume": 45371436.8, "trend": 23.878641, "fair_value": 22.122168, "relative_strength": -7.681576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.710301, "energy": 25.086752, "activity_lines": [ 27.263174, 27.376408, 26.490253, 25.364667 ] }, { "date": "2026-06-12", "close": 23.219999, "volume": 4476375, "typical_volume": 44394538.65, "trend": 23.998186, "fair_value": 22.163333, "relative_strength": -8.954375, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.744291, "energy": 12.789603, "activity_lines": [ 25.684094, 26.678695, 26.275054, 25.322174 ] }, { "date": "2026-06-19", "close": 23.139999, "volume": 25766714, "typical_volume": 44947212.6, "trend": 24.096764, "fair_value": 22.204297, "relative_strength": -14.617019, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -2.455445, "energy": 20.156494, "activity_lines": [ 24.40022, 26.001228, 26.04338, 25.266807 ] }, { "date": "2026-06-26", "close": 21.969999, "volume": 6355100, "typical_volume": 43991628.85, "trend": 24.153681, "fair_value": 22.238717, "relative_strength": -16.991188, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -29.021907, "energy": 35.944551, "activity_lines": [ 23.172666, 25.168513, 25.692945, 25.129597 ] }, { "date": "2026-07-03", "close": 21.799999, "volume": 3329300, "typical_volume": 39683494.35, "trend": 24.110771, "fair_value": 22.268487, "relative_strength": -15.965087, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.57289, "energy": 52.17141, "activity_lines": [ 22.465999, 24.357687, 25.334587, 24.977746 ] }, { "date": "2026-07-10", "close": 20.02, "volume": 16649850, "typical_volume": 39052078.7, "trend": 24.043797, "fair_value": 22.287863, "relative_strength": -19.341313, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.704251, "energy": 60.940546, "activity_lines": [ 21.513999, 23.316502, 24.81754, 24.713825 ] }, { "date": "2026-07-17", "close": 18.809999, "volume": 18351500, "typical_volume": 39074464.0, "trend": 23.97209, "fair_value": 22.295667, "relative_strength": -16.241558, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.491698, "energy": 68.857093, "activity_lines": [ 20.440666, 22.192207, 24.198483, 24.376161 ] }, { "date": "2026-07-24", "close": 17.74, "volume": 22445200, "typical_volume": 36804148.55, "trend": 23.891334, "fair_value": 22.296166, "relative_strength": -20.820488, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.398574, "energy": 72.334198, "activity_lines": [ 19.304666, 21.041332, 23.496796, 23.974091 ] }, { "date": "2026-07-31", "close": 18.370001, "volume": 15905770, "typical_volume": 34075100.45, "trend": 23.847548, "fair_value": 22.290909, "relative_strength": -16.310741, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.664166, "energy": 80.128172, "activity_lines": [ 18.738667, 20.224909, 22.894832, 23.617876 ] }, { "date": "2026-08-07", "close": 20.18, "volume": 18517922, "typical_volume": 32421902.3, "trend": 23.866757, "fair_value": 22.313219, "relative_strength": -12.282335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.936713, "energy": 71.041332, "activity_lines": [ 19.016, 19.960545, 22.506867, 23.38126 ] } ], "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." } } }