{ "ticker": { "uuid": "608edc29-0dbd-4250-a05e-182c46673e22", "symbol": "603933", "name": "Fujian Raynen Technology Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "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": -64.42, "architecture_energy": 77.672, "architecture_maturity": 17.203, "architecture_confidence": 82.217, "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": 19.52, "rotation_up": 8.37, "upward_expansion": 17.9, "deceleration": 37.03, "rotation_down": 75.36, "downward_expansion": 91.23 }, "activity_lines": [ 18.671333, 20.115681, 21.844187, 22.29382 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 19.629999, "trend_reference": 22.826624, "distance_from_trend": -0.140039, "trend_direction": "Weakening", "fair_value": 17.241607, "distance_from_fair_value": 0.138525, "fair_value_direction": "Weakening", "relative_strength": -8.840434, "relative_strength_direction": "Weakening", "price_momentum": -0.147263, "excess_performance": -0.104059, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.140039, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.033137, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.138525, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.429811, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.088404, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.296242, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.147263, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.543818, "read": "Supply-led" } ], "volume": { "latest": 24668971, "relative_activity": 0.711643, "balance": 0.543818, "dry_up": 1.132539, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.125759, "annualized_volatility": 0.535356, "from_high_reference": -0.396928, "from_low_reference": 0.288903 }, "levels": { "trend_reference": 22.826624, "fair_value_reference": 17.241607, "structural_low": 15.26, "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": 16, "median_return": 0.016436, "positive_rate": 0.5625, "directional_follow_through": 0.4375, "median_excess_return": -0.00663, "regime_survival": 0.75, "best_return": 0.256645, "worst_return": -0.173678, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.043715, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": -0.01493, "regime_survival": 0.333333, "best_return": 0.234106, "worst_return": -0.183544, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.14394, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.104353, "regime_survival": 0.25, "best_return": 0.960387, "worst_return": -0.137109, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.114583, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.028284, "regime_survival": 0.0, "best_return": 0.466635, "worst_return": -0.01823, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": -0.042206, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": 0.045605, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.04244, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-21", "tenure": "Developing", "return": 0.188227, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": -0.051776, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": -0.013926, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.079156, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": 0.002455, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-22", "tenure": "Developing", "return": 0.066748, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-01-16", "tenure": "Established", "return": 0.466147, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-05-08", "tenure": "Established", "return": 0.081234, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.107543, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-07-17", "tenure": "Developing", "return": -0.160809, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.162915, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 16.736269, "volume": 40140675, "typical_volume": 45603463.15, "trend": 14.479048, "fair_value": 12.380451, "relative_strength": 27.131204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.273832, "energy": 29.368979, "activity_lines": [ 18.340448, 18.685416, 17.144903, 15.893341 ] }, { "date": "2023-08-04", "close": 17.042358, "volume": 32886984, "typical_volume": 46782126.75, "trend": 14.654758, "fair_value": 12.406844, "relative_strength": 27.911122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.99077, "energy": 24.383886, "activity_lines": [ 17.835563, 18.306268, 17.282534, 16.058716 ] }, { "date": "2023-08-11", "close": 16.459797, "volume": 32228472, "typical_volume": 47753620.0, "trend": 14.788123, "fair_value": 12.429935, "relative_strength": 26.394607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.636604, "energy": 20.356062, "activity_lines": [ 17.23852, 17.896681, 17.340377, 16.17517 ] }, { "date": "2023-08-18", "close": 15.847616, "volume": 22086080, "typical_volume": 48123670.6, "trend": 14.893877, "fair_value": 12.443216, "relative_strength": 23.132848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.228154, "energy": 18.847681, "activity_lines": [ 16.521016, 17.442745, 17.321005, 16.243525 ] }, { "date": "2023-08-25", "close": 15.284803, "volume": 22927512, "typical_volume": 48123943.15, "trend": 14.992989, "fair_value": 12.443097, "relative_strength": 20.703779, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.686548, "energy": 15.12062, "activity_lines": [ 16.00099, 16.946523, 17.231193, 16.268746 ] }, { "date": "2023-09-01", "close": 16.726395, "volume": 36416552, "typical_volume": 49236750.15, "trend": 15.12345, "fair_value": 12.449865, "relative_strength": 28.223052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.239031, "energy": 16.322121, "activity_lines": [ 16.151732, 16.80341, 17.266949, 16.380578 ] }, { "date": "2023-09-08", "close": 16.894253, "volume": 43493978, "typical_volume": 50731390.85, "trend": 15.266384, "fair_value": 12.469979, "relative_strength": 29.00565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.471667, "energy": 13.15421, "activity_lines": [ 16.359086, 16.708801, 17.29954, 16.494824 ] }, { "date": "2023-09-15", "close": 18.671551, "volume": 76129846, "typical_volume": 54009140.6, "trend": 15.496401, "fair_value": 12.502911, "relative_strength": 40.893727, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.354136, "energy": 19.641734, "activity_lines": [ 17.168745, 16.967856, 17.474288, 16.714512 ] }, { "date": "2023-09-22", "close": 19.649069, "volume": 106223476, "typical_volume": 59114355.2, "trend": 15.756382, "fair_value": 12.541365, "relative_strength": 45.601223, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 51.325914, "energy": 36.909449, "activity_lines": [ 18.156793, 17.387227, 17.706559, 16.982426 ] }, { "date": "2023-09-29", "close": 16.242573, "volume": 54808890, "typical_volume": 61555312.8, "trend": 15.89659, "fair_value": 12.565295, "relative_strength": 20.10555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.086979, "energy": 20.749856, "activity_lines": [ 17.755913, 17.223141, 17.575531, 17.013793 ] }, { "date": "2023-10-13", "close": 16.449923, "volume": 40978610, "typical_volume": 62997546.5, "trend": 16.040434, "fair_value": 12.588696, "relative_strength": 21.326141, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.009263, "energy": 16.80183, "activity_lines": [ 17.360298, 17.131224, 17.440946, 17.049492 ] }, { "date": "2023-10-20", "close": 15.423038, "volume": 25932616, "typical_volume": 61909508.85, "trend": 16.156599, "fair_value": 12.608054, "relative_strength": 16.651609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.30085, "energy": 5.910067, "activity_lines": [ 16.640819, 16.857806, 17.192925, 17.00966 ] }, { "date": "2023-10-27", "close": 15.896986, "volume": 19518424, "typical_volume": 58007562.55, "trend": 16.270222, "fair_value": 12.632806, "relative_strength": 17.756303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.950308, "energy": 24.573834, "activity_lines": [ 16.177404, 16.700003, 17.017522, 16.992911 ] }, { "date": "2023-11-03", "close": 16.10434, "volume": 23411191, "typical_volume": 53318528.05, "trend": 16.396651, "fair_value": 12.657027, "relative_strength": 17.74179, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.256232, "energy": 40.217695, "activity_lines": [ 15.968078, 16.590134, 16.882084, 16.982209 ] }, { "date": "2023-11-10", "close": 16.53879, "volume": 24564698, "typical_volume": 49075491.0, "trend": 16.520531, "fair_value": 12.683166, "relative_strength": 19.523618, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.536307, "energy": 37.869055, "activity_lines": [ 16.139884, 16.554588, 16.802525, 16.991379 ] }, { "date": "2023-11-17", "close": 16.884377, "volume": 36209992, "typical_volume": 48339851.45, "trend": 16.659861, "fair_value": 12.713132, "relative_strength": 20.312241, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.543092, "energy": 17.996614, "activity_lines": [ 16.407138, 16.559076, 16.773742, 17.014853 ] }, { "date": "2023-11-24", "close": 16.124084, "volume": 21480722, "typical_volume": 46984782.3, "trend": 16.823959, "fair_value": 12.74188, "relative_strength": 14.432889, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.511306, "energy": 13.056261, "activity_lines": [ 16.391998, 16.422457, 16.676507, 16.980287 ] }, { "date": "2023-12-01", "close": 16.173454, "volume": 16923544, "typical_volume": 45818452.5, "trend": 16.989702, "fair_value": 12.769023, "relative_strength": 14.366265, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.35591, "energy": 18.001183, "activity_lines": [ 16.346577, 16.308817, 16.595635, 16.938318 ] }, { "date": "2023-12-08", "close": 15.58102, "volume": 12006332, "typical_volume": 38723685.35, "trend": 17.126199, "fair_value": 12.792245, "relative_strength": 11.657324, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.194249, "energy": 28.796383, "activity_lines": [ 16.085247, 16.132882, 16.465676, 16.847436 ] }, { "date": "2023-12-15", "close": 15.482282, "volume": 10457006, "typical_volume": 34941280.0, "trend": 17.26399, "fair_value": 12.813532, "relative_strength": 11.145038, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.434223, "energy": 45.016394, "activity_lines": [ 15.825893, 16.012959, 16.355088, 16.741377 ] }, { "date": "2023-12-22", "close": 14.82073, "volume": 10859799, "typical_volume": 33477236.2, "trend": 17.319138, "fair_value": 12.830145, "relative_strength": 6.643321, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.084466, "energy": 62.02747, "activity_lines": [ 15.416455, 15.786577, 16.194143, 16.583747 ] }, { "date": "2023-12-29", "close": 15.353922, "volume": 11121300, "typical_volume": 32388952.0, "trend": 17.124476, "fair_value": 12.847822, "relative_strength": 7.579606, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.72073, "energy": 61.882161, "activity_lines": [ 15.322325, 15.686761, 16.0931, 16.456959 ] }, { "date": "2024-01-05", "close": 14.840479, "volume": 7400973, "typical_volume": 31147577.05, "trend": 16.947744, "fair_value": 12.866916, "relative_strength": 4.947397, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.779146, "energy": 72.694594, "activity_lines": [ 15.10839, 15.494849, 15.951198, 16.309604 ] }, { "date": "2024-01-12", "close": 14.218422, "volume": 11737200, "typical_volume": 30630133.05, "trend": 16.783356, "fair_value": 12.882457, "relative_strength": 1.740008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.650518, "energy": 78.267675, "activity_lines": [ 14.775969, 15.209044, 15.757764, 16.133519 ] }, { "date": "2024-01-19", "close": 13.458132, "volume": 10773560, "typical_volume": 30022435.45, "trend": 16.555633, "fair_value": 12.899197, "relative_strength": -2.322728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.202871, "energy": 84.964915, "activity_lines": [ 14.280957, 14.819294, 15.499679, 15.918988 ] }, { "date": "2024-01-26", "close": 13.02368, "volume": 14402396, "typical_volume": 28921727.65, "trend": 16.399238, "fair_value": 12.913834, "relative_strength": -8.19205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.896334, "energy": 89.341155, "activity_lines": [ 13.776072, 14.406565, 15.208916, 15.69112 ] }, { "date": "2024-02-02", "close": 10.219491, "volume": 14698096, "typical_volume": 27481933.55, "trend": 16.120794, "fair_value": 12.916196, "relative_strength": -23.199717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.619695, "energy": 97.138574, "activity_lines": [ 12.45626, 13.554178, 14.668719, 15.292427 ] }, { "date": "2024-02-09", "close": 8.47181, "volume": 36369070, "typical_volume": 25493894.75, "trend": 15.812729, "fair_value": 12.909958, "relative_strength": -39.116368, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -97.065023, "energy": 98.457649, "activity_lines": [ 10.896183, 12.491387, 13.993861, 14.798944 ] }, { "date": "2024-02-23", "close": 13.645736, "volume": 29117969, "typical_volume": 21638619.4, "trend": 15.546791, "fair_value": 12.935771, "relative_strength": -6.718422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.052061, "energy": 74.485622, "activity_lines": [ 11.485326, 12.509339, 13.860329, 14.659138 ] }, { "date": "2024-03-01", "close": 15.432912, "volume": 96122559, "typical_volume": 23704302.85, "trend": 15.45661, "fair_value": 12.977068, "relative_strength": 4.131678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.150502, "energy": 44.564282, "activity_lines": [ 12.708373, 12.88742, 13.92559, 14.651791 ] }, { "date": "2024-03-08", "close": 16.963367, "volume": 150464587, "typical_volume": 29178601.7, "trend": 15.46418, "fair_value": 13.031398, "relative_strength": 12.883218, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.808135, "energy": 11.840629, "activity_lines": [ 14.30992, 13.544663, 14.140465, 14.749001 ] }, { "date": "2024-03-15", "close": 15.827869, "volume": 89228251, "typical_volume": 32343383.45, "trend": 15.423697, "fair_value": 13.07845, "relative_strength": 4.392918, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.050608, "energy": 26.533592, "activity_lines": [ 15.270322, 13.956494, 14.244753, 14.772465 ] }, { "date": "2024-03-22", "close": 16.430176, "volume": 66783127, "typical_volume": 34706618.6, "trend": 15.422709, "fair_value": 13.124962, "relative_strength": 7.917101, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 22.39299, "energy": 33.655217, "activity_lines": [ 16.057601, 14.469219, 14.404475, 14.837399 ] }, { "date": "2024-03-29", "close": 14.929343, "volume": 69246920, "typical_volume": 36998405.05, "trend": 15.3921, "fair_value": 13.161296, "relative_strength": -2.184927, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.57798, "energy": 27.032485, "activity_lines": [ 15.814045, 14.680162, 14.418721, 14.805569 ] }, { "date": "2024-04-05", "close": 14.662748, "volume": 21999084, "typical_volume": 36870124.35, "trend": 15.371365, "fair_value": 13.193318, "relative_strength": -5.158417, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.342882, "energy": 16.756175, "activity_lines": [ 15.39605, 14.829706, 14.413173, 14.758514 ] }, { "date": "2024-04-12", "close": 13.596366, "volume": 31899812, "typical_volume": 36654615.35, "trend": 15.267031, "fair_value": 13.220302, "relative_strength": -10.857159, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.455124, "energy": 12.448971, "activity_lines": [ 14.673938, 14.763462, 14.314998, 14.643998 ] }, { "date": "2024-04-19", "close": 13.576618, "volume": 48976684, "typical_volume": 38029413.45, "trend": 15.156443, "fair_value": 13.247407, "relative_strength": -12.508085, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.332322, "energy": 20.460227, "activity_lines": [ 14.169711, 14.683214, 14.2306, 14.534939 ] }, { "date": "2024-04-26", "close": 14.119683, "volume": 37186600, "typical_volume": 39042566.25, "trend": 15.004714, "fair_value": 13.279232, "relative_strength": -9.958922, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.857801, "energy": 20.442342, "activity_lines": [ 13.996588, 14.640666, 14.210053, 14.468051 ] }, { "date": "2024-05-03", "close": 14.238171, "volume": 15797104, "typical_volume": 39232104.85, "trend": 14.824351, "fair_value": 13.309462, "relative_strength": -10.083005, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.26651, "energy": 20.213782, "activity_lines": [ 14.016995, 14.516973, 14.21057, 14.418597 ] }, { "date": "2024-05-10", "close": 13.793844, "volume": 35618895, "typical_volume": 40490199.3, "trend": 14.742726, "fair_value": 13.33387, "relative_strength": -14.584841, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.19039, "energy": 19.583722, "activity_lines": [ 13.93537, 14.301722, 14.175165, 14.352113 ] }, { "date": "2024-05-17", "close": 14.040692, "volume": 20638821, "typical_volume": 40979150.4, "trend": 14.662419, "fair_value": 13.358496, "relative_strength": -13.369645, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.008315, "energy": 19.780551, "activity_lines": [ 13.993956, 14.161154, 14.17131, 14.30682 ] }, { "date": "2024-05-24", "close": 13.339644, "volume": 16675360, "typical_volume": 41256853.4, "trend": 14.592972, "fair_value": 13.38117, "relative_strength": -16.225662, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.181506, "energy": 25.092799, "activity_lines": [ 13.789236, 13.946261, 14.104402, 14.22148 ] }, { "date": "2024-05-31", "close": 13.981448, "volume": 21132548, "typical_volume": 41943432.15, "trend": 14.529121, "fair_value": 13.388127, "relative_strength": -12.306515, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.285411, "energy": 23.35004, "activity_lines": [ 13.81425, 13.893301, 14.10821, 14.182027 ] }, { "date": "2024-06-07", "close": 12.559945, "volume": 43526910, "typical_volume": 43532917.65, "trend": 14.410975, "fair_value": 13.390557, "relative_strength": -19.561921, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.03264, "energy": 44.321999, "activity_lines": [ 13.374645, 13.626408, 13.980728, 14.054983 ] }, { "date": "2024-06-14", "close": 13.574286, "volume": 35931984, "typical_volume": 44790838.85, "trend": 14.312158, "fair_value": 13.390071, "relative_strength": -11.948912, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.861556, "energy": 40.432165, "activity_lines": [ 13.385036, 13.587021, 13.957748, 14.001003 ] }, { "date": "2024-06-21", "close": 13.275952, "volume": 27852460, "typical_volume": 45463342.05, "trend": 14.191877, "fair_value": 13.384078, "relative_strength": -12.396789, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.009185, "energy": 36.550488, "activity_lines": [ 13.310619, 13.513182, 13.905801, 13.934151 ] }, { "date": "2024-06-28", "close": 12.788669, "volume": 19568800, "typical_volume": 45706877.25, "trend": 14.080696, "fair_value": 13.378059, "relative_strength": -14.121016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.118382, "energy": 46.955705, "activity_lines": [ 13.124757, 13.356571, 13.806245, 13.843622 ] }, { "date": "2024-07-05", "close": 12.062718, "volume": 9573200, "typical_volume": 44367083.75, "trend": 13.943672, "fair_value": 13.371601, "relative_strength": -18.060751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.516125, "energy": 50.798427, "activity_lines": [ 12.733643, 13.082295, 13.625317, 13.713429 ] }, { "date": "2024-07-12", "close": 12.798614, "volume": 14950448, "typical_volume": 43658707.7, "trend": 13.850925, "fair_value": 13.356042, "relative_strength": -13.187606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.339476, "energy": 47.810751, "activity_lines": [ 12.715743, 12.979218, 13.497375, 13.639555 ] }, { "date": "2024-07-19", "close": 12.500278, "volume": 12303048, "typical_volume": 39467732.15, "trend": 13.751525, "fair_value": 13.341668, "relative_strength": -15.080031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.81601, "energy": 55.010047, "activity_lines": [ 12.582486, 12.848072, 13.345053, 13.552416 ] }, { "date": "2024-07-26", "close": 12.072663, "volume": 10827204, "typical_volume": 32485863.0, "trend": 13.659923, "fair_value": 13.327038, "relative_strength": -14.558512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.197293, "energy": 57.778089, "activity_lines": [ 12.378292, 12.662698, 13.165971, 13.444103 ] }, { "date": "2024-08-02", "close": 12.201942, "volume": 11380876, "typical_volume": 28593494.25, "trend": 13.554857, "fair_value": 13.310937, "relative_strength": -13.553731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.361711, "energy": 44.99917, "activity_lines": [ 12.297409, 12.53661, 13.022491, 13.350039 ] }, { "date": "2024-08-09", "close": 11.853884, "volume": 10343392, "typical_volume": 25771507.5, "trend": 13.455303, "fair_value": 13.298884, "relative_strength": -14.42604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.472593, "energy": 52.60819, "activity_lines": [ 12.139623, 12.367925, 12.863128, 13.240299 ] }, { "date": "2024-08-16", "close": 12.281499, "volume": 9140120, "typical_volume": 22766167.5, "trend": 13.390739, "fair_value": 13.293241, "relative_strength": -11.547187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.283657, "energy": 41.109671, "activity_lines": [ 12.138297, 12.315671, 12.766283, 13.16457 ] }, { "date": "2024-08-23", "close": 11.704716, "volume": 20449416, "typical_volume": 22688684.1, "trend": 13.332292, "fair_value": 13.27905, "relative_strength": -14.599934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.656764, "energy": 40.409803, "activity_lines": [ 11.979185, 12.163611, 12.627115, 13.055794 ] }, { "date": "2024-08-30", "close": 12.679279, "volume": 29438552, "typical_volume": 22565621.1, "trend": 13.320812, "fair_value": 13.26918, "relative_strength": -6.870334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.622164, "energy": 31.515343, "activity_lines": [ 12.197964, 12.222735, 12.594848, 13.013664 ] }, { "date": "2024-09-06", "close": 12.231775, "volume": 13494960, "typical_volume": 20791534.9, "trend": 13.387888, "fair_value": 13.259363, "relative_strength": -7.46507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.884421, "energy": 24.990708, "activity_lines": [ 12.227135, 12.211344, 12.524329, 12.943404 ] }, { "date": "2024-09-13", "close": 11.983163, "volume": 10529648, "typical_volume": 19458687.3, "trend": 13.504933, "fair_value": 13.250999, "relative_strength": -6.937221, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.049111, "energy": 28.087455, "activity_lines": [ 12.171446, 12.164876, 12.436536, 12.852776 ] }, { "date": "2024-09-20", "close": 11.973217, "volume": 5627820, "typical_volume": 18950223.1, "trend": 13.449183, "fair_value": 13.241887, "relative_strength": -7.736667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.051944, "energy": 28.750155, "activity_lines": [ 12.103822, 12.118046, 12.35797, 12.753956 ] }, { "date": "2024-09-27", "close": 13.385342, "volume": 14650064, "typical_volume": 17901781.55, "trend": 13.38093, "fair_value": 13.228273, "relative_strength": -7.954151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.572408, "energy": 10.087239, "activity_lines": [ 12.52746, 12.342974, 12.424678, 12.749837 ] }, { "date": "2024-10-04", "close": 14.608518, "volume": 10155376, "typical_volume": 17377609.3, "trend": 13.302435, "fair_value": 13.22648, "relative_strength": -6.314269, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.903273, "energy": 22.928577, "activity_lines": [ 13.246781, 12.774205, 12.609824, 12.829036 ] }, { "date": "2024-10-11", "close": 13.991958, "volume": 38418585, "typical_volume": 18464770.55, "trend": 13.241238, "fair_value": 13.224899, "relative_strength": -6.620902, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.305095, "energy": 38.944877, "activity_lines": [ 13.631966, 13.047227, 12.733546, 12.873522 ] }, { "date": "2024-10-18", "close": 15.046079, "volume": 25811656, "typical_volume": 18698725.95, "trend": 13.195102, "fair_value": 13.233123, "relative_strength": -0.642331, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.68836, "energy": 61.107235, "activity_lines": [ 14.251179, 13.479362, 12.954554, 12.989963 ] }, { "date": "2024-10-25", "close": 15.215136, "volume": 28718692, "typical_volume": 17958315.05, "trend": 13.204628, "fair_value": 13.245539, "relative_strength": -0.456669, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.165247, "energy": 71.975915, "activity_lines": [ 14.72255, 13.884195, 13.186593, 13.120288 ] }, { "date": "2024-11-01", "close": 14.15107, "volume": 27571157, "typical_volume": 17540273.7, "trend": 13.187572, "fair_value": 13.252999, "relative_strength": -6.267918, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.047965, "energy": 62.067084, "activity_lines": [ 14.623104, 14.042223, 13.304649, 13.181349 ] }, { "date": "2024-11-08", "close": 15.73225, "volume": 34448280, "typical_volume": 17870064.7, "trend": 13.258768, "fair_value": 13.2696, "relative_strength": -0.924031, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.39531, "energy": 76.048277, "activity_lines": [ 14.99967, 14.443259, 13.570546, 13.345521 ] }, { "date": "2024-11-15", "close": 15.024456, "volume": 30154507, "typical_volume": 18399350.05, "trend": 13.30703, "fair_value": 13.27812, "relative_strength": -1.544503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.554839, "energy": 55.068309, "activity_lines": [ 15.065389, 14.660096, 13.757339, 13.459437 ] }, { "date": "2024-11-22", "close": 14.506372, "volume": 21565145, "typical_volume": 18998947.3, "trend": 13.319919, "fair_value": 13.284501, "relative_strength": -2.6464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.460844, "energy": 42.245126, "activity_lines": [ 14.889581, 14.73196, 13.884143, 13.536814 ] }, { "date": "2024-11-29", "close": 18.392006, "volume": 79154604, "typical_volume": 22209155.1, "trend": 13.458381, "fair_value": 13.321322, "relative_strength": 21.115621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.845057, "energy": 71.503917, "activity_lines": [ 16.044964, 15.464427, 14.369371, 13.864045 ] }, { "date": "2024-12-06", "close": 17.246243, "volume": 93114755, "typical_volume": 26249740.45, "trend": 13.57346, "fair_value": 13.350737, "relative_strength": 11.106557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.56867, "energy": 62.109753, "activity_lines": [ 16.606634, 15.871868, 14.718844, 14.108423 ] }, { "date": "2024-12-13", "close": 16.907494, "volume": 32032195, "typical_volume": 27309990.0, "trend": 13.669021, "fair_value": 13.374686, "relative_strength": 9.436951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.962132, "energy": 64.851026, "activity_lines": [ 16.849044, 16.147519, 15.013455, 14.323522 ] }, { "date": "2024-12-20", "close": 16.758047, "volume": 25510001, "typical_volume": 28016446.25, "trend": 13.782967, "fair_value": 13.396246, "relative_strength": 9.368433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.780884, "energy": 66.227354, "activity_lines": [ 16.963288, 16.3542, 15.27081, 14.522814 ] }, { "date": "2024-12-27", "close": 16.51893, "volume": 26139998, "typical_volume": 28806276.55, "trend": 13.86755, "fair_value": 13.416273, "relative_strength": 6.893236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.761998, "energy": 46.62349, "activity_lines": [ 16.882254, 16.467111, 15.483696, 14.699328 ] }, { "date": "2025-01-03", "close": 14.386813, "volume": 15716126, "typical_volume": 29135076.85, "trend": 13.928446, "fair_value": 13.414924, "relative_strength": -1.148076, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.493392, "energy": 23.839887, "activity_lines": [ 15.956344, 16.165586, 15.471309, 14.732829 ] }, { "date": "2025-01-10", "close": 14.556187, "volume": 16877532, "typical_volume": 28956482.65, "trend": 13.961176, "fair_value": 13.417831, "relative_strength": 1.573666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.348567, "energy": 19.039338, "activity_lines": [ 15.353904, 15.909917, 15.465027, 14.773328 ] }, { "date": "2025-01-17", "close": 15.462836, "volume": 16328792, "typical_volume": 28300994.65, "trend": 14.034072, "fair_value": 13.429223, "relative_strength": 5.534175, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.564209, "energy": 20.853097, "activity_lines": [ 15.233018, 15.811727, 15.531515, 14.87021 ] }, { "date": "2025-01-24", "close": 16.060627, "volume": 26120744, "typical_volume": 28932283.85, "trend": 14.143137, "fair_value": 13.443639, "relative_strength": 9.163569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.498828, "energy": 20.901687, "activity_lines": [ 15.407706, 15.827125, 15.64168, 15.000955 ] }, { "date": "2025-01-31", "close": 15.711915, "volume": 3456700, "typical_volume": 28578636.45, "trend": 14.264777, "fair_value": 13.449975, "relative_strength": 6.697333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.580269, "energy": 14.113307, "activity_lines": [ 15.512652, 15.760281, 15.700401, 15.102166 ] }, { "date": "2025-02-07", "close": 16.508968, "volume": 15326086, "typical_volume": 29063549.75, "trend": 14.388455, "fair_value": 13.4654, "relative_strength": 9.725123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.626491, "energy": 24.115887, "activity_lines": [ 15.937083, 15.816437, 15.817277, 15.246953 ] }, { "date": "2025-02-14", "close": 16.538858, "volume": 43415511, "typical_volume": 30501822.1, "trend": 14.523075, "fair_value": 13.480892, "relative_strength": 7.607283, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.425941, "energy": 27.722972, "activity_lines": [ 16.23, 15.912265, 15.9154, 15.385689 ] }, { "date": "2025-02-21", "close": 17.296059, "volume": 30020828, "typical_volume": 31495094.7, "trend": 14.697188, "fair_value": 13.509321, "relative_strength": 11.186442, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.277706, "energy": 44.710893, "activity_lines": [ 16.643139, 16.158627, 16.070621, 15.564591 ] }, { "date": "2025-02-28", "close": 16.548822, "volume": 32614433, "typical_volume": 31204887.1, "trend": 14.842084, "fair_value": 13.537561, "relative_strength": 8.299893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.527869, "energy": 47.83379, "activity_lines": [ 16.684985, 16.262063, 16.141879, 15.684051 ] }, { "date": "2025-03-07", "close": 16.807863, "volume": 24141198, "typical_volume": 31121364.2, "trend": 15.007217, "fair_value": 13.56715, "relative_strength": 8.576201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.934862, "energy": 49.762307, "activity_lines": [ 16.780631, 16.416402, 16.225632, 15.810876 ] }, { "date": "2025-03-14", "close": 16.827789, "volume": 20198842, "typical_volume": 30695371.7, "trend": 15.15876, "fair_value": 13.596432, "relative_strength": 7.327479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.35223, "energy": 42.766977, "activity_lines": [ 16.809856, 16.56911, 16.302893, 15.928332 ] }, { "date": "2025-03-21", "close": 16.508968, "volume": 30036986, "typical_volume": 30818663.15, "trend": 15.318901, "fair_value": 13.62311, "relative_strength": 7.224417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.698504, "energy": 29.119483, "activity_lines": [ 16.711553, 16.619469, 16.342111, 16.015442 ] }, { "date": "2025-03-28", "close": 15.861362, "volume": 20764679, "typical_volume": 30134483.1, "trend": 15.424971, "fair_value": 13.646756, "relative_strength": 3.510648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.328909, "energy": 17.007142, "activity_lines": [ 16.399373, 16.516576, 16.308424, 16.05044 ] }, { "date": "2025-04-04", "close": 15.691989, "volume": 10444800, "typical_volume": 29148997.75, "trend": 15.540311, "fair_value": 13.67112, "relative_strength": 2.725626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.644175, "energy": 11.708195, "activity_lines": [ 16.126383, 16.375643, 16.257991, 16.067667 ] }, { "date": "2025-04-11", "close": 15.024456, "volume": 26002966, "typical_volume": 29370888.8, "trend": 15.641688, "fair_value": 13.693878, "relative_strength": 1.449478, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.065365, "energy": 11.922392, "activity_lines": [ 15.688003, 16.120042, 16.140805, 16.034386 ] }, { "date": "2025-04-18", "close": 15.393093, "volume": 35906746, "typical_volume": 27208495.9, "trend": 15.755684, "fair_value": 13.718688, "relative_strength": 2.601457, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.086286, "energy": 19.948037, "activity_lines": [ 15.491397, 15.943966, 16.056261, 16.018347 ] }, { "date": "2025-04-25", "close": 15.622247, "volume": 36299791, "typical_volume": 24367747.7, "trend": 15.830247, "fair_value": 13.748263, "relative_strength": 3.475889, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.91209, "energy": 24.084686, "activity_lines": [ 15.466821, 15.829843, 16.007821, 16.009738 ] }, { "date": "2025-05-02", "close": 15.592357, "volume": 12220944, "typical_volume": 23377185.15, "trend": 15.863042, "fair_value": 13.782246, "relative_strength": 3.709052, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.075589, "energy": 24.195611, "activity_lines": [ 15.491397, 15.72695, 15.964268, 15.994391 ] }, { "date": "2025-05-09", "close": 15.901215, "volume": 14321096, "typical_volume": 22817739.9, "trend": 15.926684, "fair_value": 13.821567, "relative_strength": 3.603191, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.708407, "energy": 12.628056, "activity_lines": [ 15.636859, 15.71119, 15.956392, 15.996853 ] }, { "date": "2025-05-16", "close": 15.442909, "volume": 15224700, "typical_volume": 22271975.0, "trend": 15.939911, "fair_value": 13.859816, "relative_strength": -0.199782, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.55135, "energy": 12.194004, "activity_lines": [ 15.615604, 15.623877, 15.908948, 15.965642 ] }, { "date": "2025-05-23", "close": 15.283499, "volume": 18939420, "typical_volume": 22433139.7, "trend": 15.94219, "fair_value": 13.899778, "relative_strength": -0.768958, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.630953, "energy": 23.441451, "activity_lines": [ 15.513316, 15.532397, 15.851447, 15.923293 ] }, { "date": "2025-05-30", "close": 14.815229, "volume": 13598000, "typical_volume": 22269163.1, "trend": 15.964329, "fair_value": 13.935557, "relative_strength": -3.742153, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.510386, "energy": 34.57483, "activity_lines": [ 15.262244, 15.383855, 15.745078, 15.850586 ] }, { "date": "2025-06-06", "close": 15.104161, "volume": 8943788, "typical_volume": 21899912.9, "trend": 15.943392, "fair_value": 13.968401, "relative_strength": -3.102655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.094082, "energy": 41.436052, "activity_lines": [ 15.161283, 15.318641, 15.664993, 15.795091 ] }, { "date": "2025-06-13", "close": 14.436629, "volume": 12814100, "typical_volume": 21234580.7, "trend": 15.923798, "fair_value": 13.996779, "relative_strength": -7.077693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.97527, "energy": 53.104404, "activity_lines": [ 14.870359, 15.145826, 15.523042, 15.697881 ] }, { "date": "2025-06-20", "close": 15.303425, "volume": 24763291, "typical_volume": 22299910.25, "trend": 15.950367, "fair_value": 14.03202, "relative_strength": -1.049546, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.927187, "energy": 42.760907, "activity_lines": [ 14.966005, 15.153434, 15.471375, 15.657857 ] }, { "date": "2025-06-27", "close": 16.568747, "volume": 41992132, "typical_volume": 23633212.55, "trend": 15.889591, "fair_value": 14.071403, "relative_strength": 4.887388, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.159335, "energy": 9.492544, "activity_lines": [ 15.492725, 15.386028, 15.542161, 15.697752 ] }, { "date": "2025-07-04", "close": 16.299742, "volume": 57105641, "typical_volume": 24317719.05, "trend": 15.858041, "fair_value": 14.1107, "relative_strength": 1.499349, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.81412, "energy": 12.381963, "activity_lines": [ 15.844093, 15.548338, 15.587043, 15.724213 ] }, { "date": "2025-07-11", "close": 16.100479, "volume": 22258522, "typical_volume": 23929603.75, "trend": 15.831141, "fair_value": 14.149727, "relative_strength": -0.937859, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.925124, "energy": 18.331644, "activity_lines": [ 16.030072, 15.662099, 15.614086, 15.739855 ] }, { "date": "2025-07-18", "close": 16.139999, "volume": 15900288, "typical_volume": 23093896.5, "trend": 15.810539, "fair_value": 14.185543, "relative_strength": -1.530954, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.911369, "energy": 23.294275, "activity_lines": [ 16.162804, 15.773807, 15.650586, 15.759781 ] }, { "date": "2025-07-25", "close": 16.48, "volume": 22239897, "typical_volume": 22998831.45, "trend": 15.809241, "fair_value": 14.223035, "relative_strength": -1.279898, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.819118, "energy": 37.633807, "activity_lines": [ 16.295311, 15.942992, 15.721414, 15.802972 ] }, { "date": "2025-08-01", "close": 16.219999, "volume": 17614260, "typical_volume": 22869602.35, "trend": 15.870348, "fair_value": 14.257978, "relative_strength": -2.062017, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.113385, "energy": 31.109138, "activity_lines": [ 16.262713, 16.046048, 15.769041, 15.829472 ] }, { "date": "2025-08-08", "close": 16.77, "volume": 22388816, "typical_volume": 22487193.85, "trend": 15.944141, "fair_value": 14.297329, "relative_strength": -1.028151, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.989649, "energy": 33.159788, "activity_lines": [ 16.436698, 16.232077, 15.871943, 15.887514 ] }, { "date": "2025-08-15", "close": 16.790001, "volume": 21422223, "typical_volume": 22520071.05, "trend": 15.98838, "fair_value": 14.33284, "relative_strength": -2.673463, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.790641, "energy": 36.784138, "activity_lines": [ 16.586, 16.386201, 15.975507, 15.942086 ] }, { "date": "2025-08-22", "close": 17.58, "volume": 30561688, "typical_volume": 23525915.45, "trend": 16.039026, "fair_value": 14.371714, "relative_strength": -1.730175, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.458633, "energy": 61.862241, "activity_lines": [ 16.952667, 16.65331, 16.149888, 16.044771 ] }, { "date": "2025-08-29", "close": 16.690001, "volume": 27455662, "typical_volume": 23598550.25, "trend": 16.071629, "fair_value": 14.402112, "relative_strength": -7.4317, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.818601, "energy": 54.040155, "activity_lines": [ 16.926667, 16.701449, 16.230515, 16.08677 ] }, { "date": "2025-09-05", "close": 15.72, "volume": 27454586, "typical_volume": 23175942.25, "trend": 16.04533, "fair_value": 14.423647, "relative_strength": -11.664328, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.745808, "energy": 24.974208, "activity_lines": [ 16.563334, 16.548013, 16.210831, 16.064084 ] }, { "date": "2025-09-12", "close": 16.379999, "volume": 20223013, "typical_volume": 22372103.35, "trend": 16.040035, "fair_value": 14.450357, "relative_strength": -9.262231, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.275052, "energy": 19.34582, "activity_lines": [ 16.453333, 16.530009, 16.252447, 16.085675 ] }, { "date": "2025-09-19", "close": 16.549999, "volume": 24621243, "typical_volume": 22992118.3, "trend": 16.015166, "fair_value": 14.485463, "relative_strength": -7.092045, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.995948, "energy": 18.095327, "activity_lines": [ 16.426, 16.541454, 16.306645, 16.118576 ] }, { "date": "2025-09-26", "close": 16.799999, "volume": 38347031, "typical_volume": 24193415.05, "trend": 16.023539, "fair_value": 14.522676, "relative_strength": -5.906792, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.569689, "energy": 19.752609, "activity_lines": [ 16.497999, 16.590181, 16.380092, 16.169211 ] }, { "date": "2025-10-03", "close": 17.299999, "volume": 14167136, "typical_volume": 24140536.85, "trend": 16.039943, "fair_value": 14.565046, "relative_strength": -4.50109, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.033809, "energy": 35.562137, "activity_lines": [ 16.788666, 16.717818, 16.496879, 16.251563 ] }, { "date": "2025-10-10", "close": 17.299999, "volume": 17571531, "typical_volume": 24072142.4, "trend": 16.055683, "fair_value": 14.612518, "relative_strength": -4.885954, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.648917, "energy": 48.063371, "activity_lines": [ 17.038666, 16.830545, 16.604822, 16.332857 ] }, { "date": "2025-10-17", "close": 19.98, "volume": 43758313, "typical_volume": 25580158.05, "trend": 16.171384, "fair_value": 14.679185, "relative_strength": 11.216461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.58121, "energy": 76.49197, "activity_lines": [ 18.076666, 17.410909, 16.958401, 16.586039 ] }, { "date": "2025-10-24", "close": 22.049999, "volume": 192439362, "typical_volume": 34754936.75, "trend": 16.377672, "fair_value": 14.762271, "relative_strength": 18.829647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.146532, "energy": 89.450862, "activity_lines": [ 19.564666, 18.309272, 17.484529, 16.965304 ] }, { "date": "2025-10-31", "close": 22.59, "volume": 167096470, "typical_volume": 42469055.25, "trend": 16.607606, "fair_value": 14.845606, "relative_strength": 20.915234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.103079, "energy": 91.48129, "activity_lines": [ 20.866, 19.210181, 18.029009, 17.366099 ] }, { "date": "2025-11-07", "close": 21.51, "volume": 129849676, "typical_volume": 47723374.5, "trend": 16.823791, "fair_value": 14.919939, "relative_strength": 13.522037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.394225, "energy": 84.405486, "activity_lines": [ 21.421333, 19.823636, 18.431808, 17.682383 ] }, { "date": "2025-11-14", "close": 19.9, "volume": 59109142, "typical_volume": 48579225.0, "trend": 16.974021, "fair_value": 14.985022, "relative_strength": 5.00816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.570244, "energy": 73.124144, "activity_lines": [ 21.159333, 20.056727, 18.651717, 17.880848 ] }, { "date": "2025-11-21", "close": 18.4, "volume": 42351116, "typical_volume": 47841498.75, "trend": 17.066613, "fair_value": 15.036523, "relative_strength": 0.886253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.0296, "energy": 43.996422, "activity_lines": [ 20.224, 19.941091, 18.712907, 17.972847 ] }, { "date": "2025-11-28", "close": 23.02, "volume": 70607332, "typical_volume": 50258939.25, "trend": 17.314201, "fair_value": 15.11915, "relative_strength": 24.277884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.771843, "energy": 46.758952, "activity_lines": [ 20.934, 20.628727, 19.204095, 18.356936 ] }, { "date": "2025-12-05", "close": 29.610001, "volume": 198740240, "typical_volume": 59400936.85, "trend": 17.771161, "fair_value": 15.235265, "relative_strength": 57.668764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.132021, "energy": 63.031856, "activity_lines": [ 23.776, 22.396909, 20.289952, 19.150214 ] }, { "date": "2025-12-12", "close": 25.530001, "volume": 156751340, "typical_volume": 66126509.0, "trend": 18.107397, "fair_value": 15.33014, "relative_strength": 35.558274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.945882, "energy": 55.784509, "activity_lines": [ 24.790001, 23.190364, 20.923095, 19.650784 ] }, { "date": "2025-12-19", "close": 23.65, "volume": 54071570, "typical_volume": 67949374.5, "trend": 18.38628, "fair_value": 15.411893, "relative_strength": 24.992599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.733816, "energy": 66.800727, "activity_lines": [ 24.909334, 23.492364, 21.334095, 20.008371 ] }, { "date": "2025-12-26", "close": 24.99, "volume": 84367714, "typical_volume": 71048319.4, "trend": 18.725439, "fair_value": 15.503936, "relative_strength": 28.897271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.038526, "energy": 61.991998, "activity_lines": [ 25.225334, 23.922546, 21.837333, 20.434418 ] }, { "date": "2026-01-02", "close": 26.059999, "volume": 67158149, "typical_volume": 73335115.7, "trend": 19.090634, "fair_value": 15.597358, "relative_strength": 33.149329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.067968, "energy": 46.319088, "activity_lines": [ 25.458667, 24.456182, 22.403333, 20.907615 ] }, { "date": "2026-01-09", "close": 24.27, "volume": 54993691, "typical_volume": 74556715.85, "trend": 19.418413, "fair_value": 15.684597, "relative_strength": 18.840976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.588335, "energy": 36.67311, "activity_lines": [ 24.892666, 24.591455, 22.754714, 21.241768 ] }, { "date": "2026-01-16", "close": 24.469999, "volume": 57053791, "typical_volume": 76036622.3, "trend": 19.723965, "fair_value": 15.766001, "relative_strength": 19.805244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.328429, "energy": 34.374287, "activity_lines": [ 24.749333, 24.732545, 23.093286, 21.567677 ] }, { "date": "2026-01-23", "close": 24.389999, "volume": 39044907, "typical_volume": 76616138.35, "trend": 19.984674, "fair_value": 15.842483, "relative_strength": 17.987706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.591928, "energy": 28.284363, "activity_lines": [ 24.649999, 24.805272, 23.38719, 21.868711 ] }, { "date": "2026-01-30", "close": 23.02, "volume": 28096183, "typical_volume": 77009796.85, "trend": 20.208682, "fair_value": 15.908797, "relative_strength": 11.528179, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.520673, "energy": 21.222321, "activity_lines": [ 24.044666, 24.547272, 23.509333, 22.064538 ] }, { "date": "2026-02-06", "close": 23.280001, "volume": 20130517, "typical_volume": 76785260.55, "trend": 20.448, "fair_value": 15.979108, "relative_strength": 13.921951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.01203, "energy": 18.012726, "activity_lines": [ 23.657333, 24.252545, 23.624619, 22.262688 ] }, { "date": "2026-02-13", "close": 23.15, "volume": 18591136, "typical_volume": 75797465.8, "trend": 20.681666, "fair_value": 16.045373, "relative_strength": 12.514191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.632289, "energy": 16.153054, "activity_lines": [ 23.412, 23.929454, 23.695476, 22.437011 ] }, { "date": "2026-02-27", "close": 23.540001, "volume": 12728496, "typical_volume": 75725533.8, "trend": 20.917, "fair_value": 16.115462, "relative_strength": 11.959764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.910057, "energy": 16.053769, "activity_lines": [ 23.371334, 23.794727, 23.773238, 22.621419 ] }, { "date": "2026-03-06", "close": 22.23, "volume": 19781032, "typical_volume": 75836008.85, "trend": 21.117333, "fair_value": 16.182506, "relative_strength": 6.555908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.994129, "energy": 10.442031, "activity_lines": [ 22.956, 23.458, 23.696524, 22.706129 ] }, { "date": "2026-03-13", "close": 21.52, "volume": 15051768, "typical_volume": 74400681.6, "trend": 21.275667, "fair_value": 16.244496, "relative_strength": 3.769801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.207914, "energy": 10.74388, "activity_lines": [ 22.448, 23.018, 23.528714, 22.732107 ] }, { "date": "2026-03-20", "close": 20.719999, "volume": 12045596, "typical_volume": 65380993.3, "trend": 21.406666, "fair_value": 16.30016, "relative_strength": 3.282909, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -12.146635, "energy": 35.924155, "activity_lines": [ 21.773333, 22.495636, 23.277381, 22.696258 ] }, { "date": "2026-03-27", "close": 22.299999, "volume": 14686000, "typical_volume": 57760469.8, "trend": 21.564, "fair_value": 16.365323, "relative_strength": 12.05292, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.389437, "energy": 31.661159, "activity_lines": [ 21.795999, 22.357636, 23.182857, 22.753892 ] }, { "date": "2026-04-03", "close": 22.299999, "volume": 0, "typical_volume": 51267986.0, "trend": 21.751, "fair_value": 16.431746, "relative_strength": 12.592101, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.137999, "energy": 31.534944, "activity_lines": [ 21.875333, 22.255454, 23.089714, 22.801376 ] }, { "date": "2026-04-10", "close": 24.530001, "volume": 16092792, "typical_volume": 49117168.5, "trend": 22.044666, "fair_value": 16.508936, "relative_strength": 19.895226, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.226339, "energy": 17.207195, "activity_lines": [ 22.780666, 22.598182, 23.20519, 22.980667 ] }, { "date": "2026-04-17", "close": 24.436337, "volume": 91937284, "typical_volume": 51596476.9, "trend": 22.313211, "fair_value": 16.58666, "relative_strength": 16.905655, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.555837, "energy": 30.470364, "activity_lines": [ 23.501446, 22.921334, 23.289699, 23.134968 ] }, { "date": "2026-04-24", "close": 21.573793, "volume": 59396514, "typical_volume": 51035936.0, "trend": 22.480671, "fair_value": 16.642758, "relative_strength": 2.265698, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.875195, "energy": 11.834772, "activity_lines": [ 23.073621, 22.698272, 23.072839, 23.087263 ] }, { "date": "2026-05-01", "close": 24.376493, "volume": 43662313, "typical_volume": 43282039.65, "trend": 22.733221, "fair_value": 16.717579, "relative_strength": 14.140973, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.799186, "energy": 26.736446, "activity_lines": [ 23.52311, 23.015814, 23.12979, 23.209575 ] }, { "date": "2026-05-08", "close": 26.371296, "volume": 63033773, "typical_volume": 38596161.3, "trend": 23.035597, "fair_value": 16.814823, "relative_strength": 20.783814, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.494161, "energy": 48.763738, "activity_lines": [ 24.4991, 23.673747, 23.401644, 23.444289 ] }, { "date": "2026-05-15", "close": 26.710413, "volume": 67767154, "typical_volume": 39280940.5, "trend": 23.349278, "fair_value": 16.914242, "relative_strength": 22.885775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.331972, "energy": 63.637089, "activity_lines": [ 25.31671, 24.34186, 23.701789, 23.681374 ] }, { "date": "2026-05-22", "close": 25.832697, "volume": 56304022, "typical_volume": 37877755.9, "trend": 23.544368, "fair_value": 17.006207, "relative_strength": 18.76108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.982812, "energy": 66.928706, "activity_lines": [ 25.696387, 24.768926, 23.903768, 23.841595 ] }, { "date": "2026-05-29", "close": 23.987505, "volume": 44895792, "typical_volume": 36764638.05, "trend": 23.608951, "fair_value": 17.087226, "relative_strength": 10.942622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.072324, "energy": 55.940014, "activity_lines": [ 25.367909, 24.78209, 23.926001, 23.870184 ] }, { "date": "2026-06-05", "close": 23.837894, "volume": 8309700, "typical_volume": 34430438.5, "trend": 23.650548, "fair_value": 17.155634, "relative_strength": 10.770064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.379757, "energy": 30.09066, "activity_lines": [ 24.828647, 24.708643, 23.943855, 23.884955 ] }, { "date": "2026-06-12", "close": 22.152287, "volume": 4790700, "typical_volume": 31817283.95, "trend": 23.671957, "fair_value": 17.161778, "relative_strength": 2.459929, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.279446, "energy": 11.231486, "activity_lines": [ 23.763422, 24.30076, 23.803233, 23.788293 ] }, { "date": "2026-06-19", "close": 24.17, "volume": 19521476, "typical_volume": 30841112.4, "trend": 23.81429, "fair_value": 17.187596, "relative_strength": 9.539001, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.710266, "energy": 13.389545, "activity_lines": [ 23.652036, 24.26242, 23.865811, 23.820424 ] }, { "date": "2026-06-26", "close": 22.51, "volume": 5090392, "typical_volume": 29690822.85, "trend": 23.95129, "fair_value": 17.209134, "relative_strength": 3.236387, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.469984, "energy": 27.164204, "activity_lines": [ 23.156677, 23.928807, 23.771341, 23.736277 ] }, { "date": "2026-07-03", "close": 23.65, "volume": 6672000, "typical_volume": 29017897.0, "trend": 23.97229, "fair_value": 17.230673, "relative_strength": 7.639235, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.036598, "energy": 21.237142, "activity_lines": [ 23.262831, 23.837491, 23.787871, 23.716839 ] }, { "date": "2026-07-10", "close": 22.459999, "volume": 34099499, "typical_volume": 29793315.15, "trend": 23.733957, "fair_value": 17.261087, "relative_strength": 3.099748, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.047455, "energy": 26.074971, "activity_lines": [ 22.994819, 23.492062, 23.689305, 23.619271 ] }, { "date": "2026-07-17", "close": 18.59, "volume": 74707719, "typical_volume": 32892276.3, "trend": 23.502624, "fair_value": 17.261197, "relative_strength": -9.517607, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.657825, "energy": 60.839455, "activity_lines": [ 21.528666, 22.477842, 23.225454, 23.287403 ] }, { "date": "2026-07-24", "close": 16.879999, "volume": 33807074, "typical_volume": 33593578.4, "trend": 23.276957, "fair_value": 17.255852, "relative_strength": -18.878312, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.062154, "energy": 77.408093, "activity_lines": [ 19.729999, 21.294191, 22.622317, 22.860137 ] }, { "date": "2026-07-31", "close": 17.91, "volume": 23853381, "typical_volume": 34033659.05, "trend": 23.040957, "fair_value": 17.232045, "relative_strength": -14.36051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.859987, "energy": 81.018938, "activity_lines": [ 18.760666, 20.476548, 22.142752, 22.513882 ] }, { "date": "2026-08-07", "close": 19.629999, "volume": 24668971, "typical_volume": 34664827.8, "trend": 22.826624, "fair_value": 17.241607, "relative_strength": -8.840434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.420094, "energy": 77.671654, "activity_lines": [ 18.671333, 20.115681, 21.844187, 22.29382 ] } ], "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." } } }