{ "ticker": { "uuid": "65934f15-eb8b-4a44-a381-faaabbcee69d", "symbol": "002085", "name": "Zhejiang Wanfeng Auto Wheel Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -65.183, "architecture_energy": 70.245, "architecture_maturity": 55.451, "architecture_confidence": 93.758, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 7.36, "rotation_up": 17.62, "upward_expansion": 14.8, "deceleration": 43.87, "rotation_down": 65.99, "downward_expansion": 88.14 }, "activity_lines": [ 10.398667, 10.798575, 11.675544, 12.493305 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 10.66, "trend_reference": 13.634008, "distance_from_trend": -0.218132, "trend_direction": "Weakening", "fair_value": 13.549272, "distance_from_fair_value": -0.213242, "fair_value_direction": "Weakening", "relative_strength": -31.853252, "relative_strength_direction": "Weakening", "price_momentum": -0.307342, "excess_performance": -0.314742, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.218132, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.105021, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.213242, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.300509, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.318533, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.031494, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.307342, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.428462, "read": "Supply-led" } ], "volume": { "latest": 133955229, "relative_activity": 1.042583, "balance": 0.428462, "dry_up": 1.022661, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.094059, "annualized_volatility": 0.417427, "from_high_reference": -0.453986, "from_low_reference": 0.098969 }, "levels": { "trend_reference": 13.634008, "fair_value_reference": 13.549272, "structural_low": 9.7, "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": 21, "median_return": 0.020871, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.002641, "regime_survival": 0.714286, "best_return": 0.2925, "worst_return": -0.129861, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.0717, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.082287, "regime_survival": 0.4, "best_return": 2.58811, "worst_return": -0.144668, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.143942, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.125777, "regime_survival": 0.333333, "best_return": 2.538768, "worst_return": -0.14258, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.471067, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.379981, "regime_survival": 0.0, "best_return": 2.03421, "worst_return": 0.19057, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-08", "tenure": "New", "return": 0.264023, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2024-12-06", "tenure": "New", "return": -0.017002, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-02-28", "tenure": "Developing", "return": 0.042017, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": -0.099117, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.118897, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-04-25", "tenure": "New", "return": 0.147235, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-08-01", "tenure": "Established", "return": -0.021275, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.142944, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": 0.045789, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": -0.051985, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.083534, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": 0.054004, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-03-27", "tenure": "Developing", "return": -0.165378, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.205071, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 6.277623, "volume": 144908644, "typical_volume": 113905532.35, "trend": 6.165416, "fair_value": 5.686639, "relative_strength": 5.212461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.008612, "energy": 19.324261, "activity_lines": [ 6.384531, 6.438658, 6.262153, 6.206913 ] }, { "date": "2023-08-04", "close": 6.326513, "volume": 123504976, "typical_volume": 116653815.45, "trend": 6.18541, "fair_value": 5.684385, "relative_strength": 4.599548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.931886, "energy": 17.636346, "activity_lines": [ 6.332381, 6.42269, 6.281171, 6.217306 ] }, { "date": "2023-08-11", "close": 6.023388, "volume": 87310225, "typical_volume": 116921423.6, "trend": 6.187278, "fair_value": 5.683072, "relative_strength": 3.448657, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.096358, "energy": 15.757807, "activity_lines": [ 6.209175, 6.349803, 6.26828, 6.206853 ] }, { "date": "2023-08-18", "close": 5.818046, "volume": 69817281, "typical_volume": 116424407.9, "trend": 6.172036, "fair_value": 5.67962, "relative_strength": 3.038135, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.497346, "energy": 18.960156, "activity_lines": [ 6.05859, 6.241887, 6.235383, 6.183032 ] }, { "date": "2023-08-25", "close": 5.651816, "volume": 64356065, "typical_volume": 116205659.2, "trend": 6.148686, "fair_value": 5.673335, "relative_strength": 3.107984, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.85172, "energy": 38.422125, "activity_lines": [ 5.902138, 6.110504, 6.187456, 6.149469 ] }, { "date": "2023-09-01", "close": 5.524699, "volume": 136185054, "typical_volume": 118186607.35, "trend": 6.115324, "fair_value": 5.665175, "relative_strength": -2.388643, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.971307, "energy": 55.339127, "activity_lines": [ 5.737212, 5.973608, 6.128697, 6.109212 ] }, { "date": "2023-09-08", "close": 5.338912, "volume": 70501791, "typical_volume": 115988278.4, "trend": 6.075127, "fair_value": 5.65765, "relative_strength": -4.020757, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.178114, "energy": 73.766973, "activity_lines": [ 5.560552, 5.821424, 6.054443, 6.059121 ] }, { "date": "2023-09-15", "close": 5.260686, "volume": 101479692, "typical_volume": 111209621.65, "trend": 6.037135, "fair_value": 5.650271, "relative_strength": -4.215807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.60586, "energy": 77.484558, "activity_lines": [ 5.423657, 5.68115, 5.975685, 6.006576 ] }, { "date": "2023-09-22", "close": 5.250908, "volume": 89438454, "typical_volume": 112991429.4, "trend": 5.996892, "fair_value": 5.640827, "relative_strength": -4.798541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.292276, "energy": 74.862411, "activity_lines": [ 5.334349, 5.564167, 5.898857, 5.955852 ] }, { "date": "2023-09-29", "close": 5.24113, "volume": 70121881, "typical_volume": 110302673.0, "trend": 5.964344, "fair_value": 5.632926, "relative_strength": -4.512381, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.378816, "energy": 74.202888, "activity_lines": [ 5.279591, 5.469229, 5.82341, 5.907093 ] }, { "date": "2023-10-13", "close": 5.593146, "volume": 177772285, "typical_volume": 114119014.1, "trend": 5.952192, "fair_value": 5.628009, "relative_strength": 2.086774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.379361, "energy": 54.78807, "activity_lines": [ 5.369551, 5.455006, 5.783066, 5.883145 ] }, { "date": "2023-10-20", "close": 4.977118, "volume": 164450848, "typical_volume": 117356552.25, "trend": 5.928489, "fair_value": 5.617446, "relative_strength": -4.585505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.207455, "energy": 53.28522, "activity_lines": [ 5.249604, 5.341223, 5.684827, 5.820237 ] }, { "date": "2023-10-27", "close": 5.0749, "volume": 116064612, "typical_volume": 116895991.4, "trend": 5.900025, "fair_value": 5.608782, "relative_strength": -4.719304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.095597, "energy": 54.295684, "activity_lines": [ 5.186372, 5.269753, 5.601854, 5.765167 ] }, { "date": "2023-11-03", "close": 5.026009, "volume": 105065392, "typical_volume": 118223780.0, "trend": 5.868006, "fair_value": 5.599502, "relative_strength": -6.201051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.716314, "energy": 54.987276, "activity_lines": [ 5.119228, 5.206639, 5.519344, 5.708779 ] }, { "date": "2023-11-10", "close": 4.918448, "volume": 95451298, "typical_volume": 115406786.35, "trend": 5.834647, "fair_value": 5.590622, "relative_strength": -8.996834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.084058, "energy": 73.666255, "activity_lines": [ 5.031224, 5.13837, 5.432131, 5.647517 ] }, { "date": "2023-11-17", "close": 5.329134, "volume": 117468343, "typical_volume": 118382673.1, "trend": 5.812733, "fair_value": 5.581771, "relative_strength": -1.148936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.494612, "energy": 51.058972, "activity_lines": [ 5.101627, 5.158104, 5.392134, 5.614903 ] }, { "date": "2023-11-24", "close": 5.172682, "volume": 97301422, "typical_volume": 116159636.85, "trend": 5.786565, "fair_value": 5.571311, "relative_strength": -2.469517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.227147, "energy": 42.667121, "activity_lines": [ 5.137481, 5.152948, 5.34301, 5.573609 ] }, { "date": "2023-12-01", "close": 5.172682, "volume": 95080805, "typical_volume": 111291551.85, "trend": 5.763606, "fair_value": 5.558124, "relative_strength": -1.145954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.158587, "energy": 33.254857, "activity_lines": [ 5.160296, 5.150815, 5.301522, 5.534004 ] }, { "date": "2023-12-08", "close": 4.752219, "volume": 131302004, "typical_volume": 110383330.7, "trend": 5.730802, "fair_value": 5.544605, "relative_strength": -7.36799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.442758, "energy": 45.111132, "activity_lines": [ 5.036439, 5.073833, 5.226975, 5.468753 ] }, { "date": "2023-12-15", "close": 4.830445, "volume": 73289834, "typical_volume": 106543545.3, "trend": 5.70606, "fair_value": 5.528074, "relative_strength": -4.045636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.47132, "energy": 48.521124, "activity_lines": [ 4.95691, 5.020142, 5.168492, 5.410666 ] }, { "date": "2023-12-22", "close": 4.605546, "volume": 66978512, "typical_volume": 102647038.7, "trend": 5.667725, "fair_value": 5.50998, "relative_strength": -6.787525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.908144, "energy": 69.956509, "activity_lines": [ 4.808281, 4.933027, 5.094922, 5.339665 ] }, { "date": "2023-12-29", "close": 4.830445, "volume": 70606887, "typical_volume": 100002134.25, "trend": 5.621167, "fair_value": 5.496235, "relative_strength": -5.280691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.020184, "energy": 68.299322, "activity_lines": [ 4.782858, 4.904759, 5.050734, 5.285647 ] }, { "date": "2024-01-05", "close": 4.664215, "volume": 53436557, "typical_volume": 98308450.85, "trend": 5.571634, "fair_value": 5.482818, "relative_strength": -4.410246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.127887, "energy": 64.349292, "activity_lines": [ 4.72484, 4.848934, 4.997839, 5.223908 ] }, { "date": "2024-01-12", "close": 5.13357, "volume": 244837702, "typical_volume": 107059471.9, "trend": 5.536433, "fair_value": 5.472652, "relative_strength": 6.420167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.754477, "energy": 38.695719, "activity_lines": [ 4.857172, 4.885914, 4.996116, 5.195646 ] }, { "date": "2024-01-19", "close": 5.0749, "volume": 434344018, "typical_volume": 125558869.55, "trend": 5.484934, "fair_value": 5.466775, "relative_strength": 7.506241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.389685, "energy": 23.202439, "activity_lines": [ 4.944524, 4.910271, 4.992065, 5.165869 ] }, { "date": "2024-01-26", "close": 5.475807, "volume": 359861472, "typical_volume": 136742690.45, "trend": 5.449406, "fair_value": 5.462135, "relative_strength": 15.976896, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.136129, "energy": 12.81524, "activity_lines": [ 5.149215, 5.004675, 5.028943, 5.16528 ] }, { "date": "2024-02-02", "close": 5.084678, "volume": 226709868, "typical_volume": 144553094.3, "trend": 5.393019, "fair_value": 5.455594, "relative_strength": 16.717823, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.243797, "energy": 19.586061, "activity_lines": [ 5.165512, 5.025298, 5.028803, 5.14175 ] }, { "date": "2024-02-09", "close": 5.915828, "volume": 276198562, "typical_volume": 153289037.8, "trend": 5.368899, "fair_value": 5.456016, "relative_strength": 23.454044, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.778669, "energy": 28.456732, "activity_lines": [ 5.44191, 5.198639, 5.109031, 5.175479 ] }, { "date": "2024-02-23", "close": 6.502522, "volume": 668774579, "typical_volume": 182255844.05, "trend": 5.366943, "fair_value": 5.462865, "relative_strength": 31.182732, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.012722, "energy": 53.136353, "activity_lines": [ 5.830431, 5.46514, 5.242015, 5.248616 ] }, { "date": "2024-03-01", "close": 7.11855, "volume": 613979338, "typical_volume": 209448716.9, "trend": 5.398886, "fair_value": 5.475116, "relative_strength": 37.045778, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.139587, "energy": 74.423741, "activity_lines": [ 6.333032, 5.811823, 5.427708, 5.361623 ] }, { "date": "2024-03-08", "close": 8.585283, "volume": 911155906, "typical_volume": 246117897.95, "trend": 5.475808, "fair_value": 5.498466, "relative_strength": 64.327308, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.701503, "energy": 95.95377, "activity_lines": [ 7.188301, 6.383583, 5.74415, 5.567197 ] }, { "date": "2024-03-15", "close": 11.655648, "volume": 1639568212, "typical_volume": 319873766.15, "trend": 5.653445, "fair_value": 5.539135, "relative_strength": 112.401068, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.870231, "energy": 98.890092, "activity_lines": [ 8.859726, 7.441231, 6.338759, 5.965897 ] }, { "date": "2024-03-22", "close": 14.285991, "volume": 1548718436, "typical_volume": 391506457.35, "trend": 5.928865, "fair_value": 5.595393, "relative_strength": 153.316602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.294355, "energy": 99.634968, "activity_lines": [ 10.969868, 8.85303, 7.152075, 6.522835 ] }, { "date": "2024-03-29", "close": 16.525204, "volume": 1341888763, "typical_volume": 453347625.9, "trend": 6.285771, "fair_value": 5.666853, "relative_strength": 186.44424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.634673, "energy": 99.478487, "activity_lines": [ 13.268403, 10.497016, 8.134787, 7.20647 ] }, { "date": "2024-04-05", "close": 13.953531, "volume": 1030330574, "typical_volume": 500091589.7, "trend": 6.562495, "fair_value": 5.721283, "relative_strength": 131.317426, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.61687, "energy": 88.93539, "activity_lines": [ 14.041535, 11.466305, 8.81782, 7.701164 ] }, { "date": "2024-04-12", "close": 12.731254, "volume": 1247423576, "typical_volume": 556589351.35, "trend": 6.802713, "fair_value": 5.76921, "relative_strength": 112.670236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.148239, "energy": 79.702433, "activity_lines": [ 13.951576, 12.051933, 9.34142, 8.099148 ] }, { "date": "2024-04-19", "close": 15.713612, "volume": 1500245724, "typical_volume": 626736566.45, "trend": 7.148536, "fair_value": 5.835347, "relative_strength": 152.081721, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.248952, "energy": 72.269347, "activity_lines": [ 14.579338, 13.047889, 10.113807, 8.674045 ] }, { "date": "2024-04-26", "close": 16.055849, "volume": 1558502929, "typical_volume": 699907672.65, "trend": 7.508375, "fair_value": 5.90398, "relative_strength": 144.237136, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.62994, "energy": 68.969371, "activity_lines": [ 15.050648, 13.912818, 10.868593, 9.24871 ] }, { "date": "2024-05-03", "close": 15.88962, "volume": 803616961, "typical_volume": 733523420.5, "trend": 7.862999, "fair_value": 5.973728, "relative_strength": 131.320118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.15655, "energy": 66.154153, "activity_lines": [ 15.348558, 14.563159, 11.555723, 9.789436 ] }, { "date": "2024-05-10", "close": 15.332261, "volume": 1302739943, "typical_volume": 794995925.95, "trend": 8.19937, "fair_value": 6.039904, "relative_strength": 113.824871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.762204, "energy": 63.097333, "activity_lines": [ 15.503054, 14.941488, 12.136736, 10.271324 ] }, { "date": "2024-05-17", "close": 17.405245, "volume": 1514149209, "typical_volume": 867354460.8, "trend": 8.593107, "fair_value": 6.118459, "relative_strength": 135.418604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.317692, "energy": 65.657587, "activity_lines": [ 16.256629, 15.547382, 12.865168, 10.865251 ] }, { "date": "2024-05-24", "close": 15.742946, "volume": 1351054755, "typical_volume": 931376854.2, "trend": 8.951967, "fair_value": 6.186843, "relative_strength": 113.105342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.965675, "energy": 55.914708, "activity_lines": [ 16.144505, 15.690677, 13.374334, 11.326531 ] }, { "date": "2024-05-31", "close": 14.657563, "volume": 797219658, "typical_volume": 968566009.25, "trend": 9.27139, "fair_value": 6.247361, "relative_strength": 94.690731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.009789, "energy": 47.537166, "activity_lines": [ 15.668632, 15.562316, 13.728166, 11.694634 ] }, { "date": "2024-06-07", "close": 14.371129, "volume": 831773623, "typical_volume": 997912805.3, "trend": 9.582894, "fair_value": 6.306225, "relative_strength": 88.696109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.70003, "energy": 37.135447, "activity_lines": [ 15.190499, 15.37512, 14.007131, 12.02365 ] }, { "date": "2024-06-14", "close": 14.706949, "volume": 618447687, "typical_volume": 1007117988.75, "trend": 9.909177, "fair_value": 6.367604, "relative_strength": 88.634717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.296684, "energy": 28.143808, "activity_lines": [ 14.925539, 15.288146, 14.274091, 12.354234 ] }, { "date": "2024-06-21", "close": 14.469898, "volume": 829677240, "typical_volume": 1030608777.15, "trend": 10.213869, "fair_value": 6.428131, "relative_strength": 85.110361, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.40022, "energy": 23.306978, "activity_lines": [ 14.62325, 15.144375, 14.472608, 12.648474 ] }, { "date": "2024-06-28", "close": 13.077233, "volume": 646860492, "typical_volume": 1051616308.35, "trend": 10.477354, "fair_value": 6.479609, "relative_strength": 68.036571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.462216, "energy": 19.982184, "activity_lines": [ 14.052428, 14.715779, 14.495661, 12.833207 ] }, { "date": "2024-07-05", "close": 12.356208, "volume": 460828275, "typical_volume": 1060847794.0, "trend": 10.716805, "fair_value": 6.52592, "relative_strength": 58.69004, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.667347, "energy": 14.249651, "activity_lines": [ 13.41898, 14.204023, 14.411985, 12.954423 ] }, { "date": "2024-07-12", "close": 12.682151, "volume": 491309438, "typical_volume": 1051974536.95, "trend": 10.981136, "fair_value": 6.573956, "relative_strength": 57.198894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.505774, "energy": 15.895015, "activity_lines": [ 13.047602, 13.818795, 14.328682, 13.08122 ] }, { "date": "2024-07-19", "close": 11.536411, "volume": 512641942, "typical_volume": 1046907667.15, "trend": 11.204668, "fair_value": 6.613679, "relative_strength": 40.178162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.423365, "energy": 24.621889, "activity_lines": [ 12.40691, 13.283568, 14.106835, 13.117044 ] }, { "date": "2024-07-26", "close": 11.526534, "volume": 486561486, "typical_volume": 1025677946.15, "trend": 11.435368, "fair_value": 6.653218, "relative_strength": 42.819978, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.551469, "energy": 39.690013, "activity_lines": [ 11.974294, 12.815561, 13.86301, 13.13781 ] }, { "date": "2024-08-02", "close": 14.716825, "volume": 1497507731, "typical_volume": 1018574922.1, "trend": 11.764914, "fair_value": 6.714419, "relative_strength": 79.058507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.103808, "energy": 17.340433, "activity_lines": [ 12.801334, 13.034492, 13.909016, 13.349517 ] }, { "date": "2024-08-09", "close": 12.948831, "volume": 1073310833, "typical_volume": 994804541.95, "trend": 12.041068, "fair_value": 6.764225, "relative_strength": 57.468293, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.043536, "energy": 10.517362, "activity_lines": [ 12.929735, 12.950627, 13.772065, 13.425898 ] }, { "date": "2024-08-16", "close": 11.951247, "volume": 442479179, "typical_volume": 949834062.75, "trend": 12.268324, "fair_value": 6.807026, "relative_strength": 43.651156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.033831, "energy": 8.017908, "activity_lines": [ 12.686101, 12.716451, 13.546473, 13.420103 ] }, { "date": "2024-08-23", "close": 11.259853, "volume": 382985427, "typical_volume": 917466805.4, "trend": 12.474489, "fair_value": 6.844716, "relative_strength": 35.969795, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.894309, "energy": 21.078754, "activity_lines": [ 12.260729, 12.400564, 13.276814, 13.355041 ] }, { "date": "2024-08-30", "close": 13.146373, "volume": 857625385, "typical_volume": 897976895.85, "trend": 12.730174, "fair_value": 6.896597, "relative_strength": 52.630074, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.620077, "energy": 19.385988, "activity_lines": [ 12.482634, 12.490356, 13.199652, 13.398388 ] }, { "date": "2024-09-06", "close": 12.593257, "volume": 662439383, "typical_volume": 856086578.8, "trend": 12.98046, "fair_value": 6.94524, "relative_strength": 47.400662, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.516811, "energy": 26.94495, "activity_lines": [ 12.412177, 12.503645, 13.067834, 13.389555 ] }, { "date": "2024-09-13", "close": 11.822845, "volume": 627707861, "typical_volume": 809546825.4, "trend": 13.177361, "fair_value": 6.987835, "relative_strength": 38.519283, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.72396, "energy": 29.890734, "activity_lines": [ 12.226488, 12.385659, 12.877504, 13.31487 ] }, { "date": "2024-09-20", "close": 11.852477, "volume": 245536162, "typical_volume": 781642785.45, "trend": 13.355693, "fair_value": 7.032408, "relative_strength": 34.988245, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.195315, "energy": 30.56337, "activity_lines": [ 12.125742, 12.282758, 12.710152, 13.229394 ] }, { "date": "2024-09-27", "close": 13.82789, "volume": 730729901, "typical_volume": 753042283.35, "trend": 13.579337, "fair_value": 7.089645, "relative_strength": 31.482963, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.307041, "energy": 14.430191, "activity_lines": [ 12.690052, 12.554108, 12.750159, 13.259858 ] }, { "date": "2024-10-04", "close": 14.943998, "volume": 235588146, "typical_volume": 689114230.2, "trend": 13.791294, "fair_value": 7.151938, "relative_strength": 26.412975, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.645929, "energy": 10.555707, "activity_lines": [ 13.455195, 12.986723, 12.903627, 13.347901 ] }, { "date": "2024-10-11", "close": 13.185881, "volume": 773801524, "typical_volume": 660251568.65, "trend": 13.842302, "fair_value": 7.201296, "relative_strength": 15.177833, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.604183, "energy": 15.106096, "activity_lines": [ 13.514458, 13.037545, 12.901374, 13.308842 ] }, { "date": "2024-10-18", "close": 15.319327, "volume": 1017837962, "typical_volume": 671282483.85, "trend": 13.876747, "fair_value": 7.26143, "relative_strength": 27.979699, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.052614, "energy": 28.005208, "activity_lines": [ 14.245361, 13.504102, 13.114484, 13.404134 ] }, { "date": "2024-10-25", "close": 17.433018, "volume": 1622571968, "typical_volume": 710822401.1, "trend": 13.907007, "fair_value": 7.336162, "relative_strength": 39.440197, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.57502, "energy": 54.5993, "activity_lines": [ 15.447728, 14.311866, 13.525746, 13.63357 ] }, { "date": "2024-11-01", "close": 22.480198, "volume": 1325441640, "typical_volume": 746172098.75, "trend": 14.191229, "fair_value": 7.445407, "relative_strength": 77.898282, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 66.609828, "energy": 79.733722, "activity_lines": [ 17.960454, 15.937631, 14.403111, 14.186679 ] }, { "date": "2024-11-08", "close": 22.03573, "volume": 1877630681, "typical_volume": 798569770.8, "trend": 14.501379, "fair_value": 7.551679, "relative_strength": 59.628961, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.911346, "energy": 92.704729, "activity_lines": [ 19.748202, 17.278577, 15.201131, 14.692776 ] }, { "date": "2024-11-15", "close": 19.171381, "volume": 963869573, "typical_volume": 814420224.85, "trend": 14.616638, "fair_value": 7.640454, "relative_strength": 41.374703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.658405, "energy": 82.771524, "activity_lines": [ 20.108385, 17.937108, 15.690328, 14.994067 ] }, { "date": "2024-11-22", "close": 19.576342, "volume": 945108668, "typical_volume": 838634244.5, "trend": 14.733987, "fair_value": 7.732566, "relative_strength": 45.672994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.05768, "energy": 79.1952, "activity_lines": [ 20.204523, 18.549665, 16.189073, 15.314048 ] }, { "date": "2024-11-29", "close": 19.507202, "volume": 728570421, "typical_volume": 850497293.65, "trend": 14.854573, "fair_value": 7.825159, "relative_strength": 40.046133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.568406, "energy": 53.491337, "activity_lines": [ 19.993812, 19.008679, 16.646851, 15.621997 ] }, { "date": "2024-12-06", "close": 18.845438, "volume": 435469697, "typical_volume": 846638681.4, "trend": 14.971679, "fair_value": 7.912462, "relative_strength": 30.717883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.145747, "energy": 41.870259, "activity_lines": [ 19.424234, 19.208196, 17.009104, 15.879472 ] }, { "date": "2024-12-13", "close": 18.805931, "volume": 545363555, "typical_volume": 849578784.85, "trend": 15.018369, "fair_value": 7.998771, "relative_strength": 29.059781, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.437788, "energy": 32.977222, "activity_lines": [ 19.083805, 19.309301, 17.33279, 16.126843 ] }, { "date": "2024-12-20", "close": 19.171381, "volume": 414433192, "typical_volume": 795425057.9, "trend": 15.13265, "fair_value": 8.087299, "relative_strength": 30.024752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.299438, "energy": 28.931753, "activity_lines": [ 19.080513, 19.406635, 17.656616, 16.39478 ] }, { "date": "2024-12-27", "close": 20.465277, "volume": 1041628123, "typical_volume": 793840922.4, "trend": 15.326241, "fair_value": 8.184245, "relative_strength": 35.944978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.407118, "energy": 32.092432, "activity_lines": [ 19.508519, 19.630396, 18.082459, 16.73882 ] }, { "date": "2025-01-03", "close": 16.366295, "volume": 628645991, "typical_volume": 803149263.0, "trend": 15.392746, "fair_value": 8.252818, "relative_strength": 15.296331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.460389, "energy": 19.058285, "activity_lines": [ 18.510935, 19.015324, 18.08213, 16.80592 ] }, { "date": "2025-01-10", "close": 16.287279, "volume": 474600575, "typical_volume": 807730020.4, "trend": 15.445424, "fair_value": 8.320946, "relative_strength": 14.162897, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.611323, "energy": 14.669287, "activity_lines": [ 17.696407, 18.405281, 18.053251, 16.863632 ] }, { "date": "2025-01-17", "close": 16.988552, "volume": 405041766, "typical_volume": 785100839.45, "trend": 15.529379, "fair_value": 8.394864, "relative_strength": 13.151168, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.95525, "energy": 13.810888, "activity_lines": [ 17.28618, 18.03534, 18.06722, 16.963189 ] }, { "date": "2025-01-24", "close": 17.126831, "volume": 408773568, "typical_volume": 772417548.7, "trend": 15.664365, "fair_value": 8.46967, "relative_strength": 11.045587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.910152, "energy": 16.901927, "activity_lines": [ 17.043204, 17.782308, 18.076062, 17.06625 ] }, { "date": "2025-01-31", "close": 16.771254, "volume": 50177798, "typical_volume": 743541045.55, "trend": 15.811534, "fair_value": 8.543306, "relative_strength": 8.770516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.697896, "energy": 15.60959, "activity_lines": [ 16.818007, 17.501799, 18.029452, 17.137662 ] }, { "date": "2025-02-07", "close": 18.618267, "volume": 357189605, "typical_volume": 749123717.7, "trend": 16.009404, "fair_value": 8.628659, "relative_strength": 14.319696, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.056004, "energy": 11.106607, "activity_lines": [ 17.454748, 17.608112, 18.135184, 17.318742 ] }, { "date": "2025-02-14", "close": 19.744251, "volume": 697958336, "typical_volume": 747485139.45, "trend": 16.282999, "fair_value": 8.721415, "relative_strength": 17.565136, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 47.011637, "energy": 26.335583, "activity_lines": [ 18.316687, 17.935312, 18.315934, 17.5597 ] }, { "date": "2025-02-21", "close": 19.230642, "volume": 496255484, "typical_volume": 760518506.35, "trend": 16.539802, "fair_value": 8.811927, "relative_strength": 10.581143, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.821263, "energy": 37.459521, "activity_lines": [ 18.776957, 18.152787, 18.419596, 17.74987 ] }, { "date": "2025-02-28", "close": 19.596096, "volume": 1072663863, "typical_volume": 775461623.3, "trend": 16.702445, "fair_value": 8.907497, "relative_strength": 15.190065, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.129849, "energy": 44.105454, "activity_lines": [ 19.209573, 18.428986, 18.53765, 17.947051 ] }, { "date": "2025-03-07", "close": 20.129456, "volume": 617989456, "typical_volume": 755469198.0, "trend": 16.941799, "fair_value": 9.005806, "relative_strength": 14.497384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.140951, "energy": 57.159071, "activity_lines": [ 19.655357, 18.794437, 18.675976, 18.168148 ] }, { "date": "2025-03-14", "close": 19.131874, "volume": 389905036, "typical_volume": 693835851.4, "trend": 17.181153, "fair_value": 9.097475, "relative_strength": 6.817415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.73063, "energy": 46.203595, "activity_lines": [ 19.544734, 18.984615, 18.696389, 18.309443 ] }, { "date": "2025-03-21", "close": 18.134291, "volume": 281138693, "typical_volume": 641620704.05, "trend": 17.410301, "fair_value": 9.183427, "relative_strength": 3.753476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.044739, "energy": 25.976213, "activity_lines": [ 19.067344, 18.943132, 18.613704, 18.370936 ] }, { "date": "2025-03-28", "close": 17.195969, "volume": 229731543, "typical_volume": 559225747.15, "trend": 17.545288, "fair_value": 9.26392, "relative_strength": -0.711378, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.789638, "energy": 7.788365, "activity_lines": [ 18.384509, 18.697462, 18.46235, 18.357108 ] }, { "date": "2025-04-04", "close": 16.899656, "volume": 164702837, "typical_volume": 519267410.35, "trend": 17.688834, "fair_value": 9.344734, "relative_strength": -0.345677, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.446719, "energy": 17.097086, "activity_lines": [ 17.738549, 18.394146, 18.305822, 18.315454 ] }, { "date": "2025-04-11", "close": 15.151417, "volume": 348440675, "typical_volume": 489434010.7, "trend": 17.799787, "fair_value": 9.414403, "relative_strength": -6.005942, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.01945, "energy": 51.557429, "activity_lines": [ 16.689605, 17.777099, 17.993612, 18.15175 ] }, { "date": "2025-04-18", "close": 14.825474, "volume": 170924225, "typical_volume": 461551700.9, "trend": 17.898887, "fair_value": 9.482539, "relative_strength": -7.338394, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.629298, "energy": 68.94003, "activity_lines": [ 15.863882, 17.130242, 17.671432, 17.959859 ] }, { "date": "2025-04-25", "close": 17.008303, "volume": 495996291, "typical_volume": 464578030.6, "trend": 18.0049, "fair_value": 9.56516, "relative_strength": 4.830312, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.687933, "energy": 68.49134, "activity_lines": [ 16.052863, 16.949222, 17.579434, 17.902402 ] }, { "date": "2025-05-02", "close": 16.504574, "volume": 206084038, "typical_volume": 447614054.75, "trend": 18.05692, "fair_value": 9.645601, "relative_strength": 1.891034, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.039165, "energy": 61.237207, "activity_lines": [ 16.149, 16.726359, 17.44821, 17.805607 ] }, { "date": "2025-05-09", "close": 16.909534, "volume": 354043762, "typical_volume": 444594583.25, "trend": 18.181041, "fair_value": 9.72907, "relative_strength": 1.93809, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.831448, "energy": 35.569723, "activity_lines": [ 16.426216, 16.626691, 17.366513, 17.731582 ] }, { "date": "2025-05-16", "close": 16.465067, "volume": 225351192, "typical_volume": 403780736.7, "trend": 18.219233, "fair_value": 9.810738, "relative_strength": -1.052421, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.423664, "energy": 23.553925, "activity_lines": [ 16.554618, 16.495056, 17.253256, 17.620874 ] }, { "date": "2025-05-23", "close": 15.763794, "volume": 165504576, "typical_volume": 380623665.95, "trend": 18.163592, "fair_value": 9.888529, "relative_strength": -4.697028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.884628, "energy": 30.143015, "activity_lines": [ 16.361686, 16.302543, 17.09226, 17.462458 ] }, { "date": "2025-05-30", "close": 16.000845, "volume": 197392893, "typical_volume": 366763281.85, "trend": 17.947613, "fair_value": 9.963828, "relative_strength": -2.412245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.745569, "energy": 33.297773, "activity_lines": [ 16.185216, 16.214368, 16.956709, 17.322926 ] }, { "date": "2025-06-06", "close": 15.793426, "volume": 139341458, "typical_volume": 353478266.45, "trend": 17.739537, "fair_value": 10.035762, "relative_strength": -5.028463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.812064, "energy": 42.980109, "activity_lines": [ 16.006771, 16.127271, 16.802768, 17.183946 ] }, { "date": "2025-06-13", "close": 15.536621, "volume": 157444252, "typical_volume": 340911800.65, "trend": 17.618378, "fair_value": 10.105063, "relative_strength": -5.943731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.734416, "energy": 54.823792, "activity_lines": [ 15.790133, 16.018982, 16.63006, 17.041823 ] }, { "date": "2025-06-20", "close": 14.781646, "volume": 132683336, "typical_volume": 345037077.55, "trend": 17.458555, "fair_value": 10.169709, "relative_strength": -9.34009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.144229, "energy": 63.969552, "activity_lines": [ 15.413365, 15.798207, 16.393022, 16.858808 ] }, { "date": "2025-06-27", "close": 15.626596, "volume": 235712072, "typical_volume": 338963200.9, "trend": 17.329201, "fair_value": 10.23829, "relative_strength": -7.637391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.923897, "energy": 51.904082, "activity_lines": [ 15.430475, 15.737783, 16.245931, 16.740617 ] }, { "date": "2025-07-04", "close": 15.676299, "volume": 258865573, "typical_volume": 317008562.75, "trend": 17.223563, "fair_value": 10.306944, "relative_strength": -8.568003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.348885, "energy": 41.456733, "activity_lines": [ 15.473299, 15.67183, 16.117818, 16.633978 ] }, { "date": "2025-07-11", "close": 15.815467, "volume": 153171891, "typical_volume": 299854383.1, "trend": 17.123881, "fair_value": 10.376551, "relative_strength": -9.421333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.935696, "energy": 38.708271, "activity_lines": [ 15.584149, 15.655399, 16.022332, 16.543133 ] }, { "date": "2025-07-18", "close": 16.541128, "volume": 375951261, "typical_volume": 265018753.0, "trend": 17.036206, "fair_value": 10.445812, "relative_strength": -7.395197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.390476, "energy": 19.332569, "activity_lines": [ 15.935416, 15.783435, 16.012218, 16.505536 ] }, { "date": "2025-07-25", "close": 16.670357, "volume": 304373708, "typical_volume": 249337965.6, "trend": 16.909709, "fair_value": 10.519913, "relative_strength": -8.95934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.691837, "energy": 16.939145, "activity_lines": [ 16.262793, 15.941666, 16.02896, 16.481933 ] }, { "date": "2025-08-01", "close": 16.153446, "volume": 215187416, "typical_volume": 240602084.6, "trend": 16.902614, "fair_value": 10.589465, "relative_strength": -10.098573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.623616, "energy": 18.484368, "activity_lines": [ 16.291952, 16.00218, 16.012943, 16.433142 ] }, { "date": "2025-08-08", "close": 16.411901, "volume": 229398499, "typical_volume": 238015074.9, "trend": 16.906768, "fair_value": 10.656479, "relative_strength": -9.715301, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.964702, "energy": 15.888843, "activity_lines": [ 16.372139, 16.102601, 16.035725, 16.401483 ] }, { "date": "2025-08-15", "close": 16.749882, "volume": 301309829, "typical_volume": 241593989.2, "trend": 16.898812, "fair_value": 10.721958, "relative_strength": -11.872073, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.968639, "energy": 13.332786, "activity_lines": [ 16.515946, 16.257, 16.098897, 16.391361 ] }, { "date": "2025-08-22", "close": 17.018278, "volume": 387321820, "typical_volume": 252724938.35, "trend": 16.895194, "fair_value": 10.789219, "relative_strength": -14.393688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.537574, "energy": 17.633904, "activity_lines": [ 16.686925, 16.442808, 16.189754, 16.399069 ] }, { "date": "2025-08-29", "close": 18.757879, "volume": 869426472, "typical_volume": 278774228.2, "trend": 16.961415, "fair_value": 10.870655, "relative_strength": -9.479038, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 50.004565, "energy": 60.679023, "activity_lines": [ 17.40596, 16.917968, 16.445724, 16.519242 ] }, { "date": "2025-09-05", "close": 17.58489, "volume": 540801190, "typical_volume": 297268076.45, "trend": 16.926969, "fair_value": 10.943892, "relative_strength": -14.274218, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.924429, "energy": 53.908873, "activity_lines": [ 17.594831, 17.107562, 16.572806, 16.559466 ] }, { "date": "2025-09-12", "close": 18.191265, "volume": 422424933, "typical_volume": 293589508.55, "trend": 16.875202, "fair_value": 11.017932, "relative_strength": -13.532156, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.525073, "energy": 59.281232, "activity_lines": [ 17.890397, 17.3718, 16.744498, 16.641034 ] }, { "date": "2025-09-19", "close": 17.435783, "volume": 412669345, "typical_volume": 303918773.9, "trend": 16.815374, "fair_value": 11.089967, "relative_strength": -17.923749, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.790462, "energy": 50.34145, "activity_lines": [ 17.815512, 17.452952, 16.838607, 16.6772 ] }, { "date": "2025-09-26", "close": 18.390078, "volume": 721848156, "typical_volume": 322308993.6, "trend": 16.775173, "fair_value": 11.170464, "relative_strength": -14.274954, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.45345, "energy": 44.407176, "activity_lines": [ 18.012998, 17.678151, 17.019166, 16.778794 ] }, { "date": "2025-10-03", "close": 17.942751, "volume": 135469372, "typical_volume": 317814902.6, "trend": 16.702283, "fair_value": 11.248093, "relative_strength": -18.233673, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.840714, "energy": 39.193597, "activity_lines": [ 17.969922, 17.788401, 17.150072, 16.854122 ] }, { "date": "2025-10-10", "close": 18.419901, "volume": 160023132, "typical_volume": 317540830.4, "trend": 16.678551, "fair_value": 11.33273, "relative_strength": -15.053003, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.727579, "energy": 39.818987, "activity_lines": [ 18.140238, 17.962271, 17.319385, 16.964936 ] }, { "date": "2025-10-17", "close": 16.56101, "volume": 375957650, "typical_volume": 326469068.25, "trend": 16.626108, "fair_value": 11.404216, "relative_strength": -19.448229, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.996985, "energy": 21.837767, "activity_lines": [ 17.635256, 17.756953, 17.299013, 16.957353 ] }, { "date": "2025-10-24", "close": 17.17, "volume": 195012741, "typical_volume": 329252632.4, "trend": 16.625242, "fair_value": 11.481519, "relative_strength": -19.92607, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.340135, "energy": 16.585491, "activity_lines": [ 17.441955, 17.659649, 17.333972, 16.992442 ] }, { "date": "2025-10-31", "close": 17.01, "volume": 216563644, "typical_volume": 332208602.0, "trend": 16.62892, "fair_value": 11.553786, "relative_strength": -20.366268, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.613204, "energy": 16.963279, "activity_lines": [ 17.213039, 17.525616, 17.347137, 17.017265 ] }, { "date": "2025-11-07", "close": 16.639999, "volume": 184002538, "typical_volume": 334774562.1, "trend": 16.67854, "fair_value": 11.619856, "relative_strength": -21.556321, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.468821, "energy": 17.016847, "activity_lines": [ 16.952794, 17.32446, 17.318049, 17.01798 ] }, { "date": "2025-11-14", "close": 16.450001, "volume": 212146567, "typical_volume": 333596286.85, "trend": 16.732691, "fair_value": 11.685017, "relative_strength": -20.830295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.809207, "energy": 17.7066, "activity_lines": [ 16.716067, 17.127266, 17.262016, 17.003236 ] }, { "date": "2025-11-21", "close": 15.25, "volume": 168901006, "typical_volume": 329098058.5, "trend": 16.674081, "fair_value": 11.739154, "relative_strength": -22.008274, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.357008, "energy": 35.129346, "activity_lines": [ 16.210667, 16.732524, 17.087777, 16.907578 ] }, { "date": "2025-11-28", "close": 16.110001, "volume": 179594744, "typical_volume": 330419201.15, "trend": 16.660928, "fair_value": 11.800469, "relative_strength": -19.849624, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.5464, "energy": 38.430098, "activity_lines": [ 16.079334, 16.547624, 16.997472, 16.871186 ] }, { "date": "2025-12-05", "close": 15.9, "volume": 159363426, "typical_volume": 319589809.4, "trend": 16.627277, "fair_value": 11.86161, "relative_strength": -21.354091, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.508994, "energy": 45.205769, "activity_lines": [ 15.948667, 16.348647, 16.885764, 16.822094 ] }, { "date": "2025-12-12", "close": 15.74, "volume": 137280750, "typical_volume": 311235161.5, "trend": 16.603108, "fair_value": 11.922898, "relative_strength": -22.242664, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.938604, "energy": 48.862875, "activity_lines": [ 15.838667, 16.165853, 16.761872, 16.76485 ] }, { "date": "2025-12-19", "close": 15.28, "volume": 148436579, "typical_volume": 307897619.65, "trend": 16.586982, "fair_value": 11.981608, "relative_strength": -23.219692, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.149382, "energy": 46.972635, "activity_lines": [ 15.635333, 15.939473, 16.5986, 16.679488 ] }, { "date": "2025-12-26", "close": 15.91, "volume": 163071864, "typical_volume": 304581287.9, "trend": 16.583953, "fair_value": 12.044603, "relative_strength": -22.036145, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.657342, "energy": 38.856733, "activity_lines": [ 15.72, 15.884727, 16.499488, 16.635812 ] }, { "date": "2026-01-02", "close": 16.01, "volume": 95373870, "typical_volume": 294284489.95, "trend": 16.591173, "fair_value": 12.10904, "relative_strength": -20.61036, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.507094, "energy": 27.566377, "activity_lines": [ 15.794, 15.86, 16.412289, 16.598783 ] }, { "date": "2026-01-09", "close": 16.48, "volume": 246501204, "typical_volume": 287243459.15, "trend": 16.622619, "fair_value": 12.178404, "relative_strength": -21.220572, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -41.305231, "energy": 24.942492, "activity_lines": [ 16.031333, 15.941818, 16.373376, 16.591611 ] }, { "date": "2026-01-16", "close": 16.98, "volume": 617698561, "typical_volume": 274657063.6, "trend": 16.695897, "fair_value": 12.25054, "relative_strength": -19.238866, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -21.046558, "energy": 17.358893, "activity_lines": [ 16.396667, 16.124182, 16.384644, 16.614667 ] }, { "date": "2026-01-23", "close": 16.809999, "volume": 263498639, "typical_volume": 260791936.05, "trend": 16.735344, "fair_value": 12.320044, "relative_strength": -20.405836, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.598395, "energy": 18.601447, "activity_lines": [ 16.622666, 16.269454, 16.388189, 16.622029 ] }, { "date": "2026-01-30", "close": 15.39, "volume": 230142478, "typical_volume": 251177813.3, "trend": 16.725801, "fair_value": 12.378472, "relative_strength": -25.372954, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.78054, "energy": 23.084633, "activity_lines": [ 16.273333, 16.15, 16.260185, 16.535232 ] }, { "date": "2026-02-06", "close": 15.52, "volume": 199960982, "typical_volume": 240542395.15, "trend": 16.715952, "fair_value": 12.437239, "relative_strength": -22.461728, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.556913, "energy": 25.021717, "activity_lines": [ 16.002, 16.051636, 16.157902, 16.457439 ] }, { "date": "2026-02-13", "close": 15.68, "volume": 219359366, "typical_volume": 215417955.65, "trend": 16.687247, "fair_value": 12.495921, "relative_strength": -21.981719, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.857579, "energy": 34.701555, "activity_lines": [ 15.816667, 15.993091, 16.079979, 16.390603 ] }, { "date": "2026-02-27", "close": 16.34, "volume": 192598987, "typical_volume": 218274436.4, "trend": 16.676235, "fair_value": 12.558711, "relative_strength": -20.243081, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.908828, "energy": 35.590493, "activity_lines": [ 15.904667, 16.058545, 16.077819, 16.3682 ] }, { "date": "2026-03-06", "close": 16.75, "volume": 339476320, "typical_volume": 227247095.8, "trend": 16.696121, "fair_value": 12.625054, "relative_strength": -15.618303, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.890405, "energy": 12.715976, "activity_lines": [ 16.172, 16.187636, 16.122338, 16.372959 ] }, { "date": "2026-03-13", "close": 15.67, "volume": 249909797, "typical_volume": 220944703.15, "trend": 16.671391, "fair_value": 12.684104, "relative_strength": -20.831782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.689181, "energy": 17.881428, "activity_lines": [ 16.083333, 16.093636, 16.071952, 16.306758 ] }, { "date": "2026-03-20", "close": 15.01, "volume": 133622023, "typical_volume": 217875167.25, "trend": 16.613395, "fair_value": 12.740466, "relative_strength": -21.176871, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.172441, "energy": 29.153731, "activity_lines": [ 15.756, 15.884, 15.962952, 16.199571 ] }, { "date": "2026-03-27", "close": 14.03, "volume": 128286700, "typical_volume": 213461320.05, "trend": 16.513785, "fair_value": 12.792212, "relative_strength": -25.045815, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.833129, "energy": 60.874403, "activity_lines": [ 15.136, 15.514364, 15.770905, 16.032901 ] }, { "date": "2026-04-03", "close": 13.41, "volume": 109049439, "typical_volume": 209713665.1, "trend": 16.335523, "fair_value": 12.84171, "relative_strength": -25.522432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.081375, "energy": 80.624137, "activity_lines": [ 14.419333, 15.076545, 15.534, 15.832657 ] }, { "date": "2026-04-10", "close": 14.02, "volume": 89928047, "typical_volume": 203602739.1, "trend": 16.216693, "fair_value": 12.893577, "relative_strength": -26.659299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.481725, "energy": 77.164803, "activity_lines": [ 14.101333, 14.814545, 15.370571, 15.683268 ] }, { "date": "2026-04-17", "close": 14.5043, "volume": 141784742, "typical_volume": 202246925.9, "trend": 16.093794, "fair_value": 12.948178, "relative_strength": -26.462165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.070593, "energy": 73.521474, "activity_lines": [ 14.126767, 14.691327, 15.264838, 15.572791 ] }, { "date": "2026-04-24", "close": 14.026136, "volume": 124640229, "typical_volume": 199499200.15, "trend": 15.980139, "fair_value": 13.000145, "relative_strength": -28.549541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.707327, "energy": 68.747959, "activity_lines": [ 14.070525, 14.497274, 15.117116, 15.439394 ] }, { "date": "2026-05-01", "close": 13.577858, "volume": 105507831, "typical_volume": 196806420.4, "trend": 15.819732, "fair_value": 13.048807, "relative_strength": -30.771727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.752495, "energy": 52.563386, "activity_lines": [ 13.930449, 14.248876, 14.936624, 15.284408 ] }, { "date": "2026-05-08", "close": 14.245295, "volume": 104749129, "typical_volume": 195179839.35, "trend": 15.696483, "fair_value": 13.101933, "relative_strength": -28.703832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.232905, "energy": 44.006849, "activity_lines": [ 14.042994, 14.160052, 14.830756, 15.182831 ] }, { "date": "2026-05-15", "close": 13.607743, "volume": 166263240, "typical_volume": 196071172.4, "trend": 15.536078, "fair_value": 13.151588, "relative_strength": -31.062777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.072496, "energy": 48.568816, "activity_lines": [ 13.887336, 13.993395, 14.671286, 15.048074 ] }, { "date": "2026-05-22", "close": 12.85065, "volume": 179192265, "typical_volume": 196877192.45, "trend": 15.412399, "fair_value": 13.197193, "relative_strength": -34.257272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.206182, "energy": 61.492457, "activity_lines": [ 13.506797, 13.746216, 14.447675, 14.87482 ] }, { "date": "2026-05-29", "close": 11.814629, "volume": 178805867, "typical_volume": 201048792.3, "trend": 15.233887, "fair_value": 13.237205, "relative_strength": -38.721781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.379807, "energy": 83.256405, "activity_lines": [ 12.891161, 13.36193, 14.139963, 14.642706 ] }, { "date": "2026-06-05", "close": 11.555624, "volume": 35503770, "typical_volume": 190498920.6, "trend": 15.052074, "fair_value": 13.274385, "relative_strength": -38.240914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.537818, "energy": 92.581662, "activity_lines": [ 12.336624, 12.988651, 13.827563, 14.405399 ] }, { "date": "2026-06-12", "close": 13.538011, "volume": 81520168, "typical_volume": 163690000.95, "trend": 14.948675, "fair_value": 13.321249, "relative_strength": -25.186561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.542685, "energy": 76.93832, "activity_lines": [ 12.577699, 13.020794, 13.72741, 14.307717 ] }, { "date": "2026-06-19", "close": 12.67, "volume": 332540251, "typical_volume": 167142081.55, "trend": 14.822675, "fair_value": 13.363043, "relative_strength": -33.861827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.244718, "energy": 61.775672, "activity_lines": [ 12.576588, 12.89279, 13.56098, 14.160706 ] }, { "date": "2026-06-26", "close": 11.4, "volume": 50002622, "typical_volume": 158135088.75, "trend": 14.694342, "fair_value": 13.396443, "relative_strength": -38.810851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.468017, "energy": 61.778828, "activity_lines": [ 12.214661, 12.558422, 13.293313, 13.939888 ] }, { "date": "2026-07-03", "close": 11.47, "volume": 49125764, "typical_volume": 150593327.85, "trend": 14.539675, "fair_value": 13.427533, "relative_strength": -36.914438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.350055, "energy": 58.701917, "activity_lines": [ 11.972776, 12.293223, 13.051311, 13.731866 ] }, { "date": "2026-07-10", "close": 10.56, "volume": 167197800, "typical_volume": 147985249.55, "trend": 14.361675, "fair_value": 13.453292, "relative_strength": -38.99827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.910832, "energy": 74.792049, "activity_lines": [ 11.450534, 11.909044, 12.741929, 13.475113 ] }, { "date": "2026-07-17", "close": 9.85, "volume": 126603102, "typical_volume": 144685455.3, "trend": 14.165342, "fair_value": 13.472995, "relative_strength": -36.734238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.747157, "energy": 91.622968, "activity_lines": [ 10.758, 11.450645, 12.389309, 13.184037 ] }, { "date": "2026-07-24", "close": 9.98, "volume": 138309821, "typical_volume": 134627130.35, "trend": 13.988675, "fair_value": 13.494409, "relative_strength": -35.348859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.56236, "energy": 89.204965, "activity_lines": [ 10.354667, 11.095797, 12.079975, 12.914015 ] }, { "date": "2026-07-31", "close": 10.62, "volume": 126714116, "typical_volume": 128467346.3, "trend": 13.812342, "fair_value": 13.520427, "relative_strength": -29.349647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.287878, "energy": 82.504782, "activity_lines": [ 10.344, 10.923271, 11.863831, 12.696681 ] }, { "date": "2026-08-07", "close": 10.66, "volume": 133955229, "typical_volume": 128484006.6, "trend": 13.634008, "fair_value": 13.549272, "relative_strength": -31.853252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.183428, "energy": 70.24479, "activity_lines": [ 10.398667, 10.798575, 11.675544, 12.493305 ] } ], "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." } } }