{ "ticker": { "uuid": "64fb23fb-fbe3-411d-96c4-97b7fa4cfe65", "symbol": "603375", "name": "Wuxi Holyview Microelectronics 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": 88.076, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -25.255, "architecture_energy": 56.006, "architecture_maturity": 11.866, "architecture_confidence": 80.714, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 32.98, "rotation_up": 14.14, "upward_expansion": 26.07, "deceleration": 50.49, "rotation_down": 66.81, "downward_expansion": 51.07 }, "activity_lines": [ 35.837999, 39.429569, 42.62838, 42.302179 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 37.459999, "trend_reference": 41.544812, "distance_from_trend": -0.098323, "trend_direction": "Improving", "fair_value": 39.788157, "distance_from_fair_value": -0.058514, "fair_value_direction": "Weakening", "relative_strength": -7.826599, "relative_strength_direction": "Weakening", "price_momentum": -0.034536, "excess_performance": 0.008668, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.098323, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.029739, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.058514, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.271728, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.078266, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.196361, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.034536, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.679915, "read": "Supply-led" } ], "volume": { "latest": 14663232, "relative_activity": 1.04817, "balance": 0.679915, "dry_up": 0.999947, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.158777, "annualized_volatility": 0.537668, "from_high_reference": -0.318909, "from_low_reference": 0.255362 }, "levels": { "trend_reference": 41.544812, "fair_value_reference": 39.788157, "structural_low": 29.84, "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": 1, "median_return": 0.069558, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.015203, "regime_survival": 0.0, "best_return": 0.069558, "worst_return": 0.069558, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.038462, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.044444, "regime_survival": 0.0, "best_return": -0.038462, "worst_return": -0.038462, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.229346, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.194179, "regime_survival": 0.0, "best_return": 0.229346, "worst_return": 0.229346, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-11-14", "tenure": "Established", "return": -0.005706, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-12-12", "tenure": "New", "return": -0.011053, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.045554, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-16", "end": "2026-04-10", "tenure": "Developing", "return": -0.003315, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.016826, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.054365, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-03", "tenure": "Developing", "return": -0.036597, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-07-24", "tenure": "New", "return": -0.258681, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.119546, "active": true } ], "chart_path": [ { "date": "2024-01-26", "close": 53.063705, "volume": 34612814, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 41.612595, "volume": 47791946, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 43.190701, "volume": 31831682, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 47.096504, "volume": 30019595, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 46.35677, "volume": 27400317, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 47.727745, "volume": 21028362, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 46.948555, "volume": 18081419, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 57.206226, "volume": 44303961, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 51.209431, "volume": 25570598, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 47.8461, "volume": 9329807, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 46.406082, "volume": 11826060, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 46.198956, "volume": 16931399, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 42.884941, "volume": 21959117, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 40.517792, "volume": 7896729, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 41.247662, "volume": 16258334, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 45.074562, "volume": 23382125, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 41.869041, "volume": 19749119, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 41.918354, "volume": 11199549, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 39.847095, "volume": 10471480, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 41.237801, "volume": 8406748, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 42.342468, "volume": 13627133, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 39.235577, "volume": 8736219, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 35.58622, "volume": 5654103, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 34.096882, "volume": 7717348, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 35.191692, "volume": 9381056, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 34.094444, "volume": 8828255, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 39.261478, "volume": 14569680, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 40.338772, "volume": 18043181, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 38.672955, "volume": 35692750, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 32.687973, "volume": 16378016, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 34.034592, "volume": 9905471, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 32.687973, "volume": 6967158, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 30.822655, "volume": 5468600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 30.603205, "volume": 3531914, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 34.812645, "volume": 11544672, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 38.293907, "volume": 5430362, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 35.700417, "volume": 20304096, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 38.413605, "volume": 12874140, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 40.298878, "volume": 18726413, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 36.538311, "volume": 11657713, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 40.189152, "volume": 14862654, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 37.974709, "volume": 13887068, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 37.934807, "volume": 12059254, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 43.091866, "volume": 20075459, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 41.216572, "volume": 15603784, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 46.343704, "volume": 27002143, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 42.812565, "volume": 16562368, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 40.65797, "volume": 10360638, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 34.593193, "volume": 6725156, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 34.293945, "volume": 6027280, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 35.760262, "volume": 7805471, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 35.810139, "volume": 6747819, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 34.972244, "volume": 966300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 36.927338, "volume": 5002033, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 36.717861, "volume": 8592135, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 38.303883, "volume": 10299985, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 36.338814, "volume": 14697505, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 37.196659, "volume": 8790274, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 41.97467, "volume": 30145175, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 40.199123, "volume": 28608612, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 36.767738, "volume": 15347416, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 34.842567, "volume": 8723414, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 35.071991, "volume": 12631926, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 33.216644, "volume": 20615992, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 32.668022, "volume": 7716219, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-02", "close": 33.475998, "volume": 4587156, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-09", "close": 34.234093, "volume": 7714722, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-16", "close": 34.573242, "volume": 6891553, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-23", "close": 34.393692, "volume": 8570587, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-05-30", "close": 34.064522, "volume": 6258700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-06", "close": 35.580711, "volume": 6470972, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-13", "close": 34.064522, "volume": 7022720, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-20", "close": 35.690437, "volume": 11455870, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-06-27", "close": 37.21661, "volume": 18905177, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-04", "close": 37.096909, "volume": 12077238, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-11", "close": 36.917358, "volume": 6711210, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-18", "close": 37.745281, "volume": 8256481, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-07-25", "close": 41.007099, "volume": 44930431, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-01", "close": 39.022079, "volume": 14939911, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-08-08", "close": 40.310001, "volume": 18284056, "typical_volume": 12405587.55, "trend": 36.40535, "fair_value": 39.055553, "relative_strength": -1.136525, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.282494, "energy": 70.241504, "activity_lines": [ 39.537836, 38.421976, 36.832682, 36.60126 ] }, { "date": "2025-08-15", "close": 40.889999, "volume": 18328105, "typical_volume": 12554622.0, "trend": 36.576342, "fair_value": 39.078201, "relative_strength": -0.983986, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.393571, "energy": 69.282706, "activity_lines": [ 40.167714, 39.044685, 37.308113, 36.890592 ] }, { "date": "2025-08-22", "close": 43.389999, "volume": 21563869, "typical_volume": 13196644.75, "trend": 36.829004, "fair_value": 39.130784, "relative_strength": 1.546613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.535881, "energy": 75.016325, "activity_lines": [ 41.366083, 40.025406, 38.002009, 37.330183 ] }, { "date": "2025-08-29", "close": 41.790001, "volume": 18921721, "typical_volume": 13511134.5, "trend": 37.056262, "fair_value": 39.162822, "relative_strength": -2.822232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.185824, "energy": 65.138787, "activity_lines": [ 41.654805, 40.545665, 38.502823, 37.650247 ] }, { "date": "2025-09-05", "close": 39.209999, "volume": 32433482, "typical_volume": 14102009.0, "trend": 37.132351, "fair_value": 39.163384, "relative_strength": -7.490815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.680485, "energy": 43.049697, "activity_lines": [ 41.031333, 40.485932, 38.725931, 37.789198 ] }, { "date": "2025-09-12", "close": 40.150002, "volume": 11180127, "typical_volume": 14275204.4, "trend": 37.246755, "fair_value": 39.174991, "relative_strength": -6.528755, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.709378, "energy": 36.885388, "activity_lines": [ 40.708667, 40.560864, 39.010024, 37.983885 ] }, { "date": "2025-09-19", "close": 41.040001, "volume": 17335816, "typical_volume": 14912637.4, "trend": 37.337959, "fair_value": 39.196677, "relative_strength": -3.119856, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.841834, "energy": 27.812366, "activity_lines": [ 40.693334, 40.742104, 39.34325, 38.228611 ] }, { "date": "2025-09-26", "close": 41.5, "volume": 13496846, "typical_volume": 15201743.6, "trend": 37.509999, "fair_value": 39.223152, "relative_strength": -2.165433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.538959, "energy": 26.289833, "activity_lines": [ 40.821334, 40.932023, 39.684266, 38.49713 ] }, { "date": "2025-10-03", "close": 41.75, "volume": 3592971, "typical_volume": 15036814.5, "trend": 37.661777, "fair_value": 39.251867, "relative_strength": -2.839724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.356441, "energy": 33.374425, "activity_lines": [ 41.158667, 41.099129, 40.014493, 38.770678 ] }, { "date": "2025-10-10", "close": 41.060001, "volume": 6933614, "typical_volume": 14954965.85, "trend": 37.631288, "fair_value": 39.272183, "relative_strength": -4.702406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.26106, "energy": 31.460003, "activity_lines": [ 41.268667, 41.127273, 40.24483, 38.989918 ] }, { "date": "2025-10-17", "close": 39.799999, "volume": 11321894, "typical_volume": 15208125.55, "trend": 37.617984, "fair_value": 39.278047, "relative_strength": -6.018076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.886432, "energy": 22.819008, "activity_lines": [ 40.835333, 40.889273, 40.323422, 39.129835 ] }, { "date": "2025-10-24", "close": 44.369999, "volume": 18653425, "typical_volume": 15817248.2, "trend": 37.871393, "fair_value": 39.334003, "relative_strength": 2.015509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.21712, "energy": 39.410402, "activity_lines": [ 41.948666, 41.491455, 40.809941, 39.565449 ] }, { "date": "2025-10-31", "close": 41.5, "volume": 14365460, "typical_volume": 16184385.2, "trend": 38.093307, "fair_value": 39.357546, "relative_strength": -4.579015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.78185, "energy": 29.746568, "activity_lines": [ 41.883333, 41.508545, 40.981273, 39.799553 ] }, { "date": "2025-11-07", "close": 41.32, "volume": 10476272, "typical_volume": 16135405.3, "trend": 38.301574, "fair_value": 39.378648, "relative_strength": -5.794299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.542749, "energy": 27.879134, "activity_lines": [ 41.758, 41.527273, 41.100055, 40.007726 ] }, { "date": "2025-11-14", "close": 40.080002, "volume": 8006053, "typical_volume": 15590449.1, "trend": 38.530353, "fair_value": 39.386109, "relative_strength": -8.241305, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.33449, "energy": 20.951935, "activity_lines": [ 41.248, 41.329091, 41.073935, 40.122464 ] }, { "date": "2025-11-21", "close": 38.0, "volume": 16511705, "typical_volume": 15812172.45, "trend": 38.708085, "fair_value": 39.371519, "relative_strength": -9.201866, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.468621, "energy": 6.632144, "activity_lines": [ 40.11, 40.736909, 40.836084, 40.088247 ] }, { "date": "2025-11-28", "close": 39.560001, "volume": 23350299, "typical_volume": 16644126.9, "trend": 38.910885, "fair_value": 39.373482, "relative_strength": -6.32077, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.605616, "energy": 13.061085, "activity_lines": [ 39.612001, 40.467455, 40.742504, 40.14321 ] }, { "date": "2025-12-05", "close": 38.34, "volume": 12007232, "typical_volume": 16831664.45, "trend": 39.047749, "fair_value": 39.362827, "relative_strength": -9.172976, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.542416, "energy": 22.443465, "activity_lines": [ 39.028001, 40.003091, 40.520149, 40.106378 ] }, { "date": "2025-12-12", "close": 37.580002, "volume": 7227293, "typical_volume": 14946507.55, "trend": 39.147974, "fair_value": 39.344635, "relative_strength": -10.025212, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.907858, "energy": 36.407767, "activity_lines": [ 38.401334, 39.458001, 40.222582, 40.011685 ] }, { "date": "2025-12-19", "close": 36.66, "volume": 6693742, "typical_volume": 14534199.1, "trend": 39.223518, "fair_value": 39.317518, "relative_strength": -11.733009, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.062998, "energy": 46.055423, "activity_lines": [ 37.717334, 38.821455, 39.853715, 39.851171 ] }, { "date": "2025-12-26", "close": 36.970001, "volume": 8411283, "typical_volume": 14040560.45, "trend": 39.320367, "fair_value": 39.294043, "relative_strength": -12.215207, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.541408, "energy": 50.117282, "activity_lines": [ 37.364667, 38.321273, 39.52562, 39.705782 ] }, { "date": "2026-01-02", "close": 36.5, "volume": 3406012, "typical_volume": 13294455.8, "trend": 39.35101, "fair_value": 39.266379, "relative_strength": -13.196436, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.759422, "energy": 50.608122, "activity_lines": [ 36.924001, 37.787092, 39.168667, 39.523823 ] }, { "date": "2026-01-09", "close": 38.330002, "volume": 9836032, "typical_volume": 12708063.95, "trend": 39.493193, "fair_value": 39.257199, "relative_strength": -11.954817, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.395958, "energy": 45.161617, "activity_lines": [ 37.297334, 37.728728, 39.006905, 39.457952 ] }, { "date": "2026-01-16", "close": 39.209999, "volume": 11467308, "typical_volume": 12335343.3, "trend": 39.610511, "fair_value": 39.25674, "relative_strength": -9.283905, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.598335, "energy": 25.512433, "activity_lines": [ 37.964667, 37.888001, 38.953048, 39.439681 ] }, { "date": "2026-01-23", "close": 39.900002, "volume": 13295295, "typical_volume": 11378433.95, "trend": 39.699958, "fair_value": 39.262926, "relative_strength": -8.223649, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.800765, "energy": 16.150288, "activity_lines": [ 38.753334, 38.211092, 38.977191, 39.458358 ] }, { "date": "2026-01-30", "close": 38.799999, "volume": 12802360, "typical_volume": 11459545.6, "trend": 39.756728, "fair_value": 39.258517, "relative_strength": -10.139313, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.755578, "energy": 20.283631, "activity_lines": [ 38.959334, 38.337455, 38.893286, 39.400296 ] }, { "date": "2026-02-06", "close": 37.650002, "volume": 8365972, "typical_volume": 11011053.4, "trend": 39.781149, "fair_value": 39.243342, "relative_strength": -11.367965, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.805465, "energy": 20.315324, "activity_lines": [ 38.660001, 38.240183, 38.706286, 39.264378 ] }, { "date": "2026-02-13", "close": 38.259998, "volume": 5139185, "typical_volume": 10593170.35, "trend": 39.798306, "fair_value": 39.234152, "relative_strength": -10.031097, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.837464, "energy": 15.319723, "activity_lines": [ 38.487333, 38.288546, 38.593524, 39.16624 ] }, { "date": "2026-02-27", "close": 39.490002, "volume": 5249253, "typical_volume": 10675984.45, "trend": 39.747736, "fair_value": 39.236521, "relative_strength": -8.629394, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.648389, "energy": 12.732139, "activity_lines": [ 38.729334, 38.562001, 38.613334, 39.146349 ] }, { "date": "2026-03-06", "close": 37.75, "volume": 7098943, "typical_volume": 10684250.9, "trend": 39.705334, "fair_value": 39.222883, "relative_strength": -11.542862, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.742439, "energy": 21.701059, "activity_lines": [ 38.372667, 38.484364, 38.478191, 39.017463 ] }, { "date": "2026-03-13", "close": 38.880001, "volume": 8210447, "typical_volume": 10528678.55, "trend": 39.657667, "fair_value": 39.219766, "relative_strength": -7.992934, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.568025, "energy": 14.372745, "activity_lines": [ 38.536001, 38.592364, 38.466429, 38.964216 ] }, { "date": "2026-03-20", "close": 37.200001, "volume": 7189923, "typical_volume": 9955503.45, "trend": 39.534667, "fair_value": 39.20157, "relative_strength": -8.399066, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.691959, "energy": 22.232936, "activity_lines": [ 38.134001, 38.360182, 38.299048, 38.805656 ] }, { "date": "2026-03-27", "close": 35.25, "volume": 7312816, "typical_volume": 9602871.25, "trend": 39.263334, "fair_value": 39.166288, "relative_strength": -11.753612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.854097, "energy": 55.095322, "activity_lines": [ 37.112001, 37.760728, 37.980096, 38.529226 ] }, { "date": "2026-04-03", "close": 36.860001, "volume": 7224851, "typical_volume": 9440300.2, "trend": 39.099, "fair_value": 39.145879, "relative_strength": -6.664576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.857509, "energy": 47.641817, "activity_lines": [ 36.827334, 37.510001, 37.844239, 38.374173 ] }, { "date": "2026-04-10", "close": 39.080002, "volume": 5760203, "typical_volume": 9328007.7, "trend": 39.094667, "fair_value": 39.145301, "relative_strength": -3.564467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.281862, "energy": 31.862886, "activity_lines": [ 37.458001, 37.705637, 37.941048, 38.372947 ] }, { "date": "2026-04-17", "close": 42.790001, "volume": 15778133, "typical_volume": 9291329.1, "trend": 39.182667, "fair_value": 39.176994, "relative_strength": 3.944085, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.97626, "energy": 15.981504, "activity_lines": [ 39.236668, 38.590728, 38.395953, 38.611356 ] }, { "date": "2026-04-24", "close": 42.07, "volume": 15694404, "typical_volume": 8908534.35, "trend": 39.217001, "fair_value": 39.201933, "relative_strength": 1.448347, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.408617, "energy": 29.325083, "activity_lines": [ 40.514667, 39.272364, 38.759477, 38.797635 ] }, { "date": "2026-05-01", "close": 45.25, "volume": 12205077, "typical_volume": 8918426.6, "trend": 39.342001, "fair_value": 39.253626, "relative_strength": 8.037908, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.971278, "energy": 63.517816, "activity_lines": [ 42.528001, 40.451819, 39.413905, 39.186861 ] }, { "date": "2026-05-08", "close": 47.709999, "volume": 27699068, "typical_volume": 9942015.35, "trend": 39.540667, "fair_value": 39.32529, "relative_strength": 11.809478, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.659661, "energy": 86.597138, "activity_lines": [ 44.694667, 41.951455, 40.269715, 39.726732 ] }, { "date": "2026-05-15", "close": 47.939999, "volume": 27076996, "typical_volume": 10961178.05, "trend": 39.77, "fair_value": 39.397683, "relative_strength": 13.271326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.90859, "energy": 86.599633, "activity_lines": [ 46.214666, 43.343455, 41.099191, 40.268624 ] }, { "date": "2026-05-22", "close": 52.619999, "volume": 26725537, "typical_volume": 11876890.75, "trend": 40.197334, "fair_value": 39.507869, "relative_strength": 24.418175, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.931668, "energy": 91.89262, "activity_lines": [ 48.703999, 45.401091, 42.320667, 41.097656 ] }, { "date": "2026-05-29", "close": 48.799999, "volume": 28148433, "typical_volume": 13114011.8, "trend": 40.345, "fair_value": 39.584663, "relative_strength": 16.268557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.374767, "energy": 79.654662, "activity_lines": [ 49.264666, 46.514363, 43.10381, 41.652667 ] }, { "date": "2026-06-05", "close": 47.093693, "volume": 2826500, "typical_volume": 12763535.2, "trend": 40.531457, "fair_value": 39.646213, "relative_strength": 13.021258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.882113, "energy": 57.931596, "activity_lines": [ 48.807897, 47.106489, 43.665876, 42.088066 ] }, { "date": "2026-06-12", "close": 49.748264, "volume": 3751900, "typical_volume": 12377764.8, "trend": 40.812399, "fair_value": 39.728343, "relative_strength": 18.875858, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.449893, "energy": 54.942335, "activity_lines": [ 49.113072, 47.965925, 44.439026, 42.682699 ] }, { "date": "2026-06-19", "close": 49.389004, "volume": 13769440, "typical_volume": 12401472.05, "trend": 41.122699, "fair_value": 39.806252, "relative_strength": 15.889479, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.332837, "energy": 46.783602, "activity_lines": [ 49.16261, 48.525708, 45.127779, 43.236028 ] }, { "date": "2026-06-26", "close": 45.067837, "volume": 2941500, "typical_volume": 11908429.05, "trend": 41.358294, "fair_value": 39.848345, "relative_strength": 7.297449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.977459, "energy": 31.709041, "activity_lines": [ 47.675159, 48.112388, 45.359806, 43.490554 ] }, { "date": "2026-07-03", "close": 46.185551, "volume": 3917522, "typical_volume": 11686006.55, "trend": 41.579145, "fair_value": 39.89864, "relative_strength": 9.401548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.960926, "energy": 26.752037, "activity_lines": [ 47.063756, 47.860874, 45.668436, 43.801989 ] }, { "date": "2026-07-10", "close": 45.5, "volume": 23000431, "typical_volume": 12579068.85, "trend": 41.817812, "fair_value": 39.942745, "relative_strength": 8.917331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.94626, "energy": 19.368094, "activity_lines": [ 46.398132, 47.409886, 45.87113, 44.054948 ] }, { "date": "2026-07-17", "close": 34.869999, "volume": 16783500, "typical_volume": 13155781.2, "trend": 41.727478, "fair_value": 39.903114, "relative_strength": -11.178977, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.773098, "energy": 21.464756, "activity_lines": [ 42.295422, 45.021625, 45.026966, 43.606702 ] }, { "date": "2026-07-24", "close": 33.73, "volume": 13740559, "typical_volume": 13487862.0, "trend": 41.629812, "fair_value": 39.855261, "relative_strength": -14.92204, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.023929, "energy": 37.995916, "activity_lines": [ 38.804596, 42.659546, 44.096231, 43.090736 ] }, { "date": "2026-07-31", "close": 33.459999, "volume": 10767221, "typical_volume": 13615700.7, "trend": 41.512812, "fair_value": 39.806066, "relative_strength": -15.582343, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.123676, "energy": 56.018819, "activity_lines": [ 36.267703, 40.506739, 43.158924, 42.563651 ] }, { "date": "2026-08-07", "close": 37.459999, "volume": 14663232, "typical_volume": 13989366.15, "trend": 41.544812, "fair_value": 39.788157, "relative_strength": -7.826599, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.254579, "energy": 56.005537, "activity_lines": [ 35.837999, 39.429569, 42.62838, 42.302179 ] } ], "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." } } }