{ "ticker": { "uuid": "69a354b4-7d12-4511-a63a-15b670053bab", "symbol": "603988", "name": "SEC Electric Machinery 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": "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": -34.099, "architecture_energy": 28.145, "architecture_maturity": 80.355, "architecture_confidence": 87.201, "architecture_tenure": "Developing", "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": 25.6, "rotation_up": 30.02, "upward_expansion": 19.35, "deceleration": 44.16, "rotation_down": 33.11, "downward_expansion": 67.02 }, "activity_lines": [ 18.946, 18.140181, 19.718578, 21.433283 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 22.42, "trend_reference": 23.851613, "distance_from_trend": -0.060022, "trend_direction": "Weakening", "fair_value": 17.960704, "distance_from_fair_value": 0.248281, "fair_value_direction": "Weakening", "relative_strength": -8.798022, "relative_strength_direction": "Weakening", "price_momentum": -0.378263, "excess_performance": -0.335059, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.060022, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.087375, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.248281, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.29288, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.08798, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.029027, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.378263, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.476241, "read": "Demand-led" } ], "volume": { "latest": 97353999, "relative_activity": 2.802417, "balance": 1.476241, "dry_up": 2.047586, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.122858, "annualized_volatility": 0.638202, "from_high_reference": -0.437995, "from_low_reference": 0.70754 }, "levels": { "trend_reference": 23.851613, "fair_value_reference": 17.960704, "structural_low": 13.13, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.000869, "positive_rate": 0.5, "directional_follow_through": 0.4375, "median_excess_return": 0.017261, "regime_survival": 0.6875, "best_return": 0.311085, "worst_return": -0.23436, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.107394, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.100379, "regime_survival": 0.166667, "best_return": 0.381366, "worst_return": -0.226759, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.077135, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.158768, "regime_survival": 0.25, "best_return": 0.404391, "worst_return": -0.02719, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.013936, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.068059, "regime_survival": 0.0, "best_return": 2.180978, "worst_return": -0.092437, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": -0.097152, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-24", "tenure": "Established", "return": 0.880143, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-05-02", "tenure": "Established", "return": 0.020593, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-06-13", "tenure": "Developing", "return": 0.257088, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-06-27", "tenure": "New", "return": 0.036097, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": -0.056388, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-09-12", "tenure": "Developing", "return": 0.172443, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-10-31", "tenure": "Developing", "return": -0.098334, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": -0.030232, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2025-12-26", "tenure": "New", "return": 0.017739, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": 0.35391, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.24744, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-05-22", "tenure": "Developing", "return": -0.10388, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.046685, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.477388, "volume": 40746108, "typical_volume": 19792463.55, "trend": 9.933203, "fair_value": 12.476571, "relative_strength": 1.328103, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.958459, "energy": 35.538824, "activity_lines": [ 10.675036, 10.525226, 10.136866, 10.040175 ] }, { "date": "2023-08-04", "close": 10.210008, "volume": 19221828, "typical_volume": 20376903.55, "trend": 9.96863, "fair_value": 12.454303, "relative_strength": -1.288135, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.839743, "energy": 22.225693, "activity_lines": [ 10.47937, 10.512087, 10.163123, 10.058034 ] }, { "date": "2023-08-11", "close": 9.863401, "volume": 9991563, "typical_volume": 20503542.7, "trend": 9.973795, "fair_value": 12.422745, "relative_strength": -1.353307, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.882418, "energy": 14.138182, "activity_lines": [ 10.246978, 10.426989, 10.153606, 10.051245 ] }, { "date": "2023-08-18", "close": 9.942626, "volume": 7967804, "typical_volume": 20487212.9, "trend": 9.980288, "fair_value": 12.371018, "relative_strength": 1.475893, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.99652, "energy": 16.555808, "activity_lines": [ 10.102394, 10.349898, 10.152771, 10.049234 ] }, { "date": "2023-08-25", "close": 9.308833, "volume": 8783240, "typical_volume": 20537452.3, "trend": 9.962372, "fair_value": 12.322885, "relative_strength": -2.596632, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.975831, "energy": 19.063006, "activity_lines": [ 9.786818, 10.144363, 10.092805, 10.005914 ] }, { "date": "2023-09-01", "close": 9.734662, "volume": 10398390, "typical_volume": 20568763.9, "trend": 9.949132, "fair_value": 12.279663, "relative_strength": 0.00502, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.451203, "energy": 18.708623, "activity_lines": [ 9.711555, 10.019937, 10.075391, 9.991223 ] }, { "date": "2023-09-08", "close": 9.883207, "volume": 7874253, "typical_volume": 20506827.05, "trend": 9.935921, "fair_value": 12.237746, "relative_strength": 2.267454, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.061271, "energy": 16.580572, "activity_lines": [ 9.735322, 9.943346, 10.071155, 9.98697 ] }, { "date": "2023-09-15", "close": 9.655438, "volume": 8534760, "typical_volume": 20523567.15, "trend": 9.921026, "fair_value": 12.199478, "relative_strength": 0.046176, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.268789, "energy": 18.507651, "activity_lines": [ 9.704953, 9.852778, 10.041112, 9.968874 ] }, { "date": "2023-09-22", "close": 9.764371, "volume": 7224458, "typical_volume": 20708062.75, "trend": 9.905494, "fair_value": 12.16477, "relative_strength": 0.784061, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.332507, "energy": 12.221577, "activity_lines": [ 9.724759, 9.802543, 10.020243, 9.958768 ] }, { "date": "2023-09-29", "close": 9.922821, "volume": 7727340, "typical_volume": 20782655.95, "trend": 9.897214, "fair_value": 12.142644, "relative_strength": 3.061912, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.296009, "energy": 5.522314, "activity_lines": [ 9.809265, 9.795341, 10.012276, 9.959885 ] }, { "date": "2023-10-13", "close": 9.962432, "volume": 8623954, "typical_volume": 20726628.1, "trend": 9.897803, "fair_value": 12.120952, "relative_strength": 4.167581, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.947058, "energy": 4.944072, "activity_lines": [ 9.866043, 9.811006, 10.004623, 9.964093 ] }, { "date": "2023-10-20", "close": 9.853498, "volume": 10745235, "typical_volume": 20922417.05, "trend": 9.905264, "fair_value": 12.102793, "relative_strength": 6.493676, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.130074, "energy": 4.907902, "activity_lines": [ 9.871324, 9.816227, 9.985572, 9.961235 ] }, { "date": "2023-10-27", "close": 9.972335, "volume": 9820748, "typical_volume": 21059909.05, "trend": 9.900931, "fair_value": 12.083429, "relative_strength": 6.468089, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.15814, "energy": 7.044978, "activity_lines": [ 9.918198, 9.849537, 9.977196, 9.965562 ] }, { "date": "2023-11-03", "close": 10.457582, "volume": 29167304, "typical_volume": 22233392.85, "trend": 9.909492, "fair_value": 12.065566, "relative_strength": 11.073606, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.596124, "energy": 26.108128, "activity_lines": [ 10.105695, 9.969094, 10.01284, 10.001475 ] }, { "date": "2023-11-10", "close": 10.764576, "volume": 22783668, "typical_volume": 22967097.55, "trend": 9.944039, "fair_value": 12.048121, "relative_strength": 13.824606, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.244968, "energy": 50.372076, "activity_lines": [ 10.349309, 10.135104, 10.071809, 10.056641 ] }, { "date": "2023-11-17", "close": 10.794285, "volume": 14676687, "typical_volume": 22045819.95, "trend": 9.986141, "fair_value": 12.032476, "relative_strength": 13.445978, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.13924, "energy": 65.084566, "activity_lines": [ 10.54671, 10.280048, 10.127641, 10.111496 ] }, { "date": "2023-11-24", "close": 10.764576, "volume": 53051170, "typical_volume": 20821235.45, "trend": 10.04432, "fair_value": 12.024391, "relative_strength": 13.442545, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.273787, "energy": 66.242486, "activity_lines": [ 10.67875, 10.400325, 10.181053, 10.161718 ] }, { "date": "2023-12-01", "close": 10.932927, "volume": 19073666, "typical_volume": 18949629.3, "trend": 10.095311, "fair_value": 12.016372, "relative_strength": 15.308587, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.844525, "energy": 70.446851, "activity_lines": [ 10.806169, 10.535186, 10.253486, 10.219047 ] }, { "date": "2023-12-08", "close": 10.625934, "volume": 15527449, "typical_volume": 17490903.0, "trend": 10.13935, "fair_value": 12.007756, "relative_strength": 14.12794, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.652558, "energy": 59.291939, "activity_lines": [ 10.767217, 10.591003, 10.295975, 10.253281 ] }, { "date": "2023-12-15", "close": 10.873509, "volume": 13682891, "typical_volume": 16281125.8, "trend": 10.195252, "fair_value": 11.995003, "relative_strength": 17.475487, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.588399, "energy": 45.473976, "activity_lines": [ 10.799567, 10.676169, 10.361665, 10.300646 ] }, { "date": "2023-12-22", "close": 10.744771, "volume": 11911997, "typical_volume": 14839420.25, "trend": 10.228483, "fair_value": 11.979518, "relative_strength": 16.736103, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.425689, "energy": 37.660496, "activity_lines": [ 10.781742, 10.720643, 10.41467, 10.336099 ] }, { "date": "2023-12-29", "close": 11.259727, "volume": 14692114, "typical_volume": 14612934.55, "trend": 10.279864, "fair_value": 11.96936, "relative_strength": 19.257206, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.927993, "energy": 43.752392, "activity_lines": [ 10.938869, 10.844521, 10.515444, 10.402631 ] }, { "date": "2024-01-05", "close": 11.121084, "volume": 12507308, "typical_volume": 14738721.8, "trend": 10.333516, "fair_value": 11.96523, "relative_strength": 19.000571, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.548193, "energy": 44.348474, "activity_lines": [ 11.016773, 10.917623, 10.598017, 10.456903 ] }, { "date": "2024-01-12", "close": 10.853703, "volume": 9630538, "typical_volume": 14821858.5, "trend": 10.388101, "fair_value": 11.956107, "relative_strength": 17.471621, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.059775, "energy": 37.950865, "activity_lines": [ 10.993006, 10.921224, 10.649135, 10.490463 ] }, { "date": "2024-01-19", "close": 10.467485, "volume": 11683446, "typical_volume": 14966868.8, "trend": 10.419966, "fair_value": 11.949158, "relative_strength": 14.851479, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.022142, "energy": 25.899358, "activity_lines": [ 10.825314, 10.847401, 10.659132, 10.495585 ] }, { "date": "2024-01-26", "close": 10.309038, "volume": 16997732, "typical_volume": 15296835.9, "trend": 10.400929, "fair_value": 11.941611, "relative_strength": 9.760963, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.798248, "energy": 13.580474, "activity_lines": [ 10.631876, 10.750172, 10.648522, 10.488428 ] }, { "date": "2024-02-02", "close": 7.991733, "volume": 18594072, "typical_volume": 15832826.85, "trend": 10.287581, "fair_value": 11.927675, "relative_strength": -9.251451, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -46.444839, "energy": 42.28033, "activity_lines": [ 9.695051, 10.240437, 10.414481, 10.332996 ] }, { "date": "2024-02-09", "close": 6.615213, "volume": 27364775, "typical_volume": 16774327.6, "trend": 10.148609, "fair_value": 11.90581, "relative_strength": -28.098999, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.002199, "energy": 90.17933, "activity_lines": [ 8.517252, 9.530841, 10.05835, 10.096069 ] }, { "date": "2024-02-23", "close": 7.95212, "volume": 21443557, "typical_volume": 17485282.55, "trend": 10.062122, "fair_value": 11.890726, "relative_strength": -17.314929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.468651, "energy": 85.193784, "activity_lines": [ 8.085481, 9.142823, 9.84402, 9.95436 ] }, { "date": "2024-03-01", "close": 8.061053, "volume": 22765662, "typical_volume": 18237198.65, "trend": 9.971345, "fair_value": 11.880156, "relative_strength": -16.559435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.535115, "energy": 85.311998, "activity_lines": [ 7.883459, 8.823225, 9.648695, 9.825259 ] }, { "date": "2024-03-08", "close": 8.665137, "volume": 36500570, "typical_volume": 19631029.45, "trend": 9.910936, "fair_value": 11.868093, "relative_strength": -10.711817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.696245, "energy": 76.899251, "activity_lines": [ 8.043228, 8.664597, 9.519767, 9.740988 ] }, { "date": "2024-03-15", "close": 8.823586, "volume": 34819910, "typical_volume": 20834763.2, "trend": 9.864722, "fair_value": 11.855317, "relative_strength": -9.243939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.661959, "energy": 45.064691, "activity_lines": [ 8.365406, 8.572589, 9.412107, 9.670836 ] }, { "date": "2024-03-22", "close": 9.00184, "volume": 23624356, "typical_volume": 21524943.6, "trend": 9.836003, "fair_value": 11.839986, "relative_strength": -7.139538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.253331, "energy": 29.672604, "activity_lines": [ 8.691545, 8.557284, 9.326328, 9.615166 ] }, { "date": "2024-03-29", "close": 9.081064, "volume": 13245790, "typical_volume": 20728867.9, "trend": 9.807285, "fair_value": 11.826058, "relative_strength": -6.12414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.244423, "energy": 21.796531, "activity_lines": [ 8.884984, 8.594916, 9.252716, 9.566461 ] }, { "date": "2024-04-05", "close": 11.259727, "volume": 17669951, "typical_volume": 20473182.05, "trend": 9.872314, "fair_value": 11.824963, "relative_strength": 14.931594, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 0.948002, "energy": 16.334962, "activity_lines": [ 9.729381, 9.060898, 9.39315, 9.660166 ] }, { "date": "2024-04-12", "close": 12.150998, "volume": 105362699, "typical_volume": 25007482.65, "trend": 9.952859, "fair_value": 11.828448, "relative_strength": 25.390049, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 34.737231, "energy": 33.63797, "activity_lines": [ 10.657624, 9.674524, 9.61611, 9.807178 ] }, { "date": "2024-04-19", "close": 10.02185, "volume": 127456464, "typical_volume": 28727747.35, "trend": 9.95748, "fair_value": 11.818285, "relative_strength": 1.663072, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.998011, "energy": 24.990667, "activity_lines": [ 10.643759, 9.867543, 9.629832, 9.811629 ] }, { "date": "2024-04-26", "close": 9.833693, "volume": 100477539, "typical_volume": 32797941.0, "trend": 9.963422, "fair_value": 11.806916, "relative_strength": -1.194706, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.329922, "energy": 22.991871, "activity_lines": [ 10.487292, 9.98944, 9.629172, 9.803643 ] }, { "date": "2024-05-03", "close": 9.605923, "volume": 38485598, "typical_volume": 33945848.45, "trend": 9.958141, "fair_value": 11.748656, "relative_strength": -4.193382, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.945947, "energy": 13.540353, "activity_lines": [ 10.199444, 10.011407, 9.612054, 9.780579 ] }, { "date": "2024-05-10", "close": 9.972394, "volume": 68152040, "typical_volume": 36669305.9, "trend": 9.959793, "fair_value": 11.694415, "relative_strength": -2.299061, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.664361, "energy": 5.321975, "activity_lines": [ 9.998763, 10.069935, 9.634695, 9.781498 ] }, { "date": "2024-05-17", "close": 9.434423, "volume": 36288183, "typical_volume": 37888115.2, "trend": 9.942193, "fair_value": 11.650676, "relative_strength": -7.664549, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.296603, "energy": 11.467048, "activity_lines": [ 9.70458, 9.995899, 9.610392, 9.747603 ] }, { "date": "2024-05-24", "close": 8.88649, "volume": 34544700, "typical_volume": 38880744.5, "trend": 9.909959, "fair_value": 11.613143, "relative_strength": -11.227756, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.16117, "energy": 25.052744, "activity_lines": [ 9.408858, 9.808252, 9.540144, 9.679493 ] }, { "date": "2024-05-31", "close": 8.84664, "volume": 34275340, "typical_volume": 39969146.1, "trend": 9.872436, "fair_value": 11.578037, "relative_strength": -11.512965, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.185518, "energy": 27.154433, "activity_lines": [ 9.175543, 9.612216, 9.477403, 9.610892 ] }, { "date": "2024-06-07", "close": 7.760735, "volume": 30385877, "typical_volume": 41006913.05, "trend": 9.782541, "fair_value": 11.537938, "relative_strength": -21.245299, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.007668, "energy": 54.940077, "activity_lines": [ 8.646063, 9.221564, 9.322072, 9.474653 ] }, { "date": "2024-06-14", "close": 8.019758, "volume": 12706940, "typical_volume": 41058087.75, "trend": 9.691047, "fair_value": 11.498963, "relative_strength": -17.969762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.148257, "energy": 59.755382, "activity_lines": [ 8.325937, 8.902013, 9.206139, 9.360925 ] }, { "date": "2024-06-21", "close": 7.720885, "volume": 15703252, "typical_volume": 40993363.75, "trend": 9.588601, "fair_value": 11.451514, "relative_strength": -19.986034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.433154, "energy": 64.133825, "activity_lines": [ 8.036362, 8.58703, 9.073397, 9.233818 ] }, { "date": "2024-06-28", "close": 7.780659, "volume": 17289770, "typical_volume": 40928148.65, "trend": 9.489137, "fair_value": 11.403554, "relative_strength": -18.393071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.235957, "energy": 63.157233, "activity_lines": [ 7.880948, 8.363463, 8.958673, 9.117177 ] }, { "date": "2024-07-05", "close": 7.671072, "volume": 11115452, "typical_volume": 40115682.5, "trend": 9.380408, "fair_value": 11.348631, "relative_strength": -18.67568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.736816, "energy": 60.360108, "activity_lines": [ 7.762727, 8.16072, 8.834517, 8.999882 ] }, { "date": "2024-07-12", "close": 7.770697, "volume": 12168028, "typical_volume": 39651906.05, "trend": 9.285234, "fair_value": 11.305907, "relative_strength": -17.74553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.908235, "energy": 66.278749, "activity_lines": [ 7.756085, 8.015411, 8.714821, 8.89603 ] }, { "date": "2024-07-19", "close": 7.282537, "volume": 9703400, "typical_volume": 38998792.95, "trend": 9.165534, "fair_value": 11.260243, "relative_strength": -22.762205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.504728, "energy": 75.193821, "activity_lines": [ 7.586059, 7.814713, 8.549498, 8.766824 ] }, { "date": "2024-07-26", "close": 9.016001, "volume": 9850416, "typical_volume": 37666285.25, "trend": 9.107909, "fair_value": 11.225753, "relative_strength": -1.270316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.569887, "energy": 35.728913, "activity_lines": [ 8.043003, 7.978097, 8.552974, 8.757176 ] }, { "date": "2024-08-02", "close": 11.895143, "volume": 169880476, "typical_volume": 44419313.55, "trend": 9.129089, "fair_value": 11.200428, "relative_strength": 29.06826, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.476141, "energy": 29.144072, "activity_lines": [ 9.37332, 8.672568, 8.828983, 8.936998 ] }, { "date": "2024-08-09", "close": 9.713371, "volume": 153284343, "typical_volume": 50902312.9, "trend": 9.082166, "fair_value": 11.158167, "relative_strength": 6.857058, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.78893, "energy": 27.451636, "activity_lines": [ 9.70208, 8.915652, 8.882578, 8.974694 ] }, { "date": "2024-08-16", "close": 10.341004, "volume": 123951339, "typical_volume": 56437590.35, "trend": 9.065076, "fair_value": 11.115471, "relative_strength": 12.74878, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.088276, "energy": 36.727374, "activity_lines": [ 10.103898, 9.257091, 8.992559, 9.055909 ] }, { "date": "2024-08-23", "close": 11.167887, "volume": 157328274, "typical_volume": 63420506.5, "trend": 9.088422, "fair_value": 11.07544, "relative_strength": 22.228459, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.074605, "energy": 54.407818, "activity_lines": [ 10.60999, 9.70196, 9.175291, 9.191574 ] }, { "date": "2024-08-30", "close": 10.739501, "volume": 90264303, "typical_volume": 62665586.7, "trend": 9.102771, "fair_value": 11.041891, "relative_strength": 17.615773, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.163999, "energy": 56.939327, "activity_lines": [ 10.714263, 10.0117, 9.317661, 9.298095 ] }, { "date": "2024-09-06", "close": 11.137999, "volume": 119878316, "typical_volume": 62286679.3, "trend": 9.207647, "fair_value": 11.011085, "relative_strength": 24.612081, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.863888, "energy": 57.626974, "activity_lines": [ 10.836469, 10.339012, 9.504706, 9.4294 ] }, { "date": "2024-09-13", "close": 11.078224, "volume": 128215517, "typical_volume": 63673578.2, "trend": 9.356414, "fair_value": 10.97481, "relative_strength": 26.029704, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.284185, "energy": 44.533501, "activity_lines": [ 10.989226, 10.594412, 9.680742, 9.550083 ] }, { "date": "2024-09-20", "close": 11.406984, "volume": 83541200, "typical_volume": 65926358.3, "trend": 9.471576, "fair_value": 10.946419, "relative_strength": 27.466365, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.469624, "energy": 41.809052, "activity_lines": [ 11.16058, 10.847639, 9.882163, 9.682378 ] }, { "date": "2024-09-27", "close": 14.325977, "volume": 163031156, "typical_volume": 70670314.1, "trend": 9.680407, "fair_value": 10.945465, "relative_strength": 40.624142, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.633769, "energy": 61.538984, "activity_lines": [ 12.233866, 11.565478, 10.353007, 9.995565 ] }, { "date": "2024-10-04", "close": 15.342145, "volume": 52981045, "typical_volume": 71504957.2, "trend": 9.902974, "fair_value": 10.947259, "relative_strength": 38.168537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.746073, "energy": 78.737008, "activity_lines": [ 13.435335, 12.340011, 10.899897, 10.360838 ] }, { "date": "2024-10-11", "close": 13.459246, "volume": 107398476, "typical_volume": 75147646.0, "trend": 10.057496, "fair_value": 10.93918, "relative_strength": 24.968273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.532451, "energy": 67.815466, "activity_lines": [ 13.702329, 12.657179, 11.239331, 10.590275 ] }, { "date": "2024-10-18", "close": 15.093084, "volume": 107795389, "typical_volume": 78823648.45, "trend": 10.260537, "fair_value": 10.92657, "relative_strength": 37.150977, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.459719, "energy": 73.708813, "activity_lines": [ 14.359185, 13.24297, 11.712594, 10.915152 ] }, { "date": "2024-10-25", "close": 16.29854, "volume": 91880544, "typical_volume": 81898381.8, "trend": 10.50112, "fair_value": 10.922692, "relative_strength": 45.040571, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.434555, "energy": 74.470808, "activity_lines": [ 15.150203, 13.950122, 12.270917, 11.304701 ] }, { "date": "2024-11-01", "close": 14.883873, "volume": 100537402, "typical_volume": 86289904.9, "trend": 10.621924, "fair_value": 10.893297, "relative_strength": 32.640188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.179234, "energy": 53.535897, "activity_lines": [ 15.143561, 14.291743, 12.653854, 11.587459 ] }, { "date": "2024-11-08", "close": 16.477863, "volume": 73417962, "typical_volume": 89175640.4, "trend": 10.766153, "fair_value": 10.880649, "relative_strength": 38.152273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.942107, "energy": 68.961134, "activity_lines": [ 15.631056, 14.855616, 13.155913, 11.965261 ] }, { "date": "2024-11-15", "close": 17.82279, "volume": 111348936, "typical_volume": 93878598.7, "trend": 11.026185, "fair_value": 10.894327, "relative_strength": 53.338523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.808183, "energy": 70.721329, "activity_lines": [ 16.491146, 15.559689, 13.744361, 12.420528 ] }, { "date": "2024-11-22", "close": 20.861332, "volume": 108920390, "typical_volume": 98768845.6, "trend": 11.393773, "fair_value": 10.921957, "relative_strength": 80.140578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.56362, "energy": 80.528305, "activity_lines": [ 18.07318, 16.694681, 14.574374, 13.055054 ] }, { "date": "2024-11-29", "close": 23.909836, "volume": 79895256, "typical_volume": 102155207.0, "trend": 11.87057, "fair_value": 10.957955, "relative_strength": 98.850829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.431375, "energy": 92.929472, "activity_lines": [ 20.286832, 18.206073, 15.63191, 13.862542 ] }, { "date": "2024-12-06", "close": 23.332016, "volume": 96200750, "typical_volume": 106480074.5, "trend": 12.31589, "fair_value": 10.988867, "relative_strength": 86.399785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.402318, "energy": 88.220517, "activity_lines": [ 21.800458, 19.385081, 16.557562, 14.60199 ] }, { "date": "2024-12-13", "close": 23.26228, "volume": 108616669, "typical_volume": 111418387.15, "trend": 12.776819, "fair_value": 11.021279, "relative_strength": 83.365617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.510852, "energy": 85.019697, "activity_lines": [ 22.727628, 20.387664, 17.400146, 15.308209 ] }, { "date": "2024-12-20", "close": 24.318296, "volume": 68906209, "typical_volume": 106369673.8, "trend": 13.291213, "fair_value": 11.056693, "relative_strength": 89.608237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.726865, "energy": 78.184452, "activity_lines": [ 23.55451, 21.438248, 18.275465, 16.05282 ] }, { "date": "2024-12-27", "close": 25.892361, "volume": 59007275, "typical_volume": 101655820.4, "trend": 13.859403, "fair_value": 11.107346, "relative_strength": 96.08631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.297775, "energy": 71.25913, "activity_lines": [ 24.473046, 22.577588, 19.241536, 16.865797 ] }, { "date": "2025-01-03", "close": 21.379377, "volume": 53839323, "typical_volume": 98150219.6, "trend": 14.313358, "fair_value": 11.135158, "relative_strength": 69.018981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.215014, "energy": 55.271607, "activity_lines": [ 23.551853, 22.700035, 19.700756, 17.350957 ] }, { "date": "2025-01-10", "close": 21.648365, "volume": 38444512, "typical_volume": 92206031.5, "trend": 14.767645, "fair_value": 11.168524, "relative_strength": 70.929639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.796559, "energy": 48.583253, "activity_lines": [ 22.889019, 22.77901, 20.133031, 17.824183 ] }, { "date": "2025-01-17", "close": 21.518854, "volume": 27849194, "typical_volume": 89085276.05, "trend": 15.227577, "fair_value": 11.196917, "relative_strength": 63.802273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.810309, "energy": 36.651121, "activity_lines": [ 22.295259, 22.711447, 20.503064, 18.259745 ] }, { "date": "2025-01-24", "close": 20.941032, "volume": 49096000, "typical_volume": 85546160.25, "trend": 15.666256, "fair_value": 11.227507, "relative_strength": 56.833279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.608747, "energy": 23.909766, "activity_lines": [ 21.625119, 22.447171, 20.766737, 18.628355 ] }, { "date": "2025-01-31", "close": 19.835203, "volume": 5147900, "typical_volume": 79392779.4, "trend": 16.071727, "fair_value": 11.252514, "relative_strength": 46.882693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.517651, "energy": 21.4748, "activity_lines": [ 20.811521, 21.925139, 20.878411, 18.897319 ] }, { "date": "2025-02-07", "close": 23.202505, "volume": 32633385, "typical_volume": 76847388.65, "trend": 16.586121, "fair_value": 11.301493, "relative_strength": 65.912359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.316127, "energy": 22.872877, "activity_lines": [ 21.524167, 22.034002, 21.269081, 19.35737 ] }, { "date": "2025-02-14", "close": 21.50889, "volume": 45988026, "typical_volume": 70995232.15, "trend": 17.060333, "fair_value": 11.343445, "relative_strength": 49.034704, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.588038, "energy": 19.077466, "activity_lines": [ 21.550733, 21.847795, 21.442285, 19.674968 ] }, { "date": "2025-02-21", "close": 20.612272, "volume": 32738607, "typical_volume": 69983110.25, "trend": 17.446875, "fair_value": 11.378958, "relative_strength": 39.307637, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.896928, "energy": 17.504347, "activity_lines": [ 21.287725, 21.531714, 21.495892, 19.904125 ] }, { "date": "2025-02-28", "close": 19.117908, "volume": 28628057, "typical_volume": 66044589.3, "trend": 17.687634, "fair_value": 11.433708, "relative_strength": 29.710594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.239813, "energy": 9.281065, "activity_lines": [ 20.587034, 20.992112, 21.382083, 20.011934 ] }, { "date": "2025-03-07", "close": 19.526367, "volume": 23674302, "typical_volume": 61838534.95, "trend": 18.014734, "fair_value": 11.486619, "relative_strength": 28.809276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.638331, "energy": 11.486236, "activity_lines": [ 20.144038, 20.621329, 21.280229, 20.130562 ] }, { "date": "2025-03-14", "close": 21.668289, "volume": 51263553, "typical_volume": 59807685.4, "trend": 18.39231, "fair_value": 11.551879, "relative_strength": 38.924188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.825635, "energy": 13.624152, "activity_lines": [ 20.435605, 20.755731, 21.361257, 20.366275 ] }, { "date": "2025-03-21", "close": 21.18013, "volume": 57488893, "typical_volume": 57655259.95, "trend": 18.726051, "fair_value": 11.613758, "relative_strength": 36.086096, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.99987, "energy": 9.987752, "activity_lines": [ 20.666733, 20.796124, 21.370223, 20.546134 ] }, { "date": "2025-03-28", "close": 19.775427, "volume": 21310552, "typical_volume": 55049889.45, "trend": 19.027249, "fair_value": 11.66814, "relative_strength": 26.045895, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.288697, "energy": 5.08355, "activity_lines": [ 20.451544, 20.58963, 21.215426, 20.613836 ] }, { "date": "2025-04-04", "close": 19.596104, "volume": 12225368, "typical_volume": 50093711.05, "trend": 19.309186, "fair_value": 11.724574, "relative_strength": 24.131157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.087063, "energy": 4.663559, "activity_lines": [ 20.232371, 20.38223, 21.027848, 20.650536 ] }, { "date": "2025-04-11", "close": 18.878809, "volume": 24563682, "typical_volume": 45875875.65, "trend": 19.569205, "fair_value": 11.779486, "relative_strength": 22.519383, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.035033, "energy": 13.15457, "activity_lines": [ 19.742219, 20.068866, 20.763511, 20.62277 ] }, { "date": "2025-04-18", "close": 20.024488, "volume": 24889076, "typical_volume": 43125566.65, "trend": 19.856455, "fair_value": 11.84237, "relative_strength": 26.969428, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.032028, "energy": 22.753562, "activity_lines": [ 19.677131, 19.981197, 20.617727, 20.652143 ] }, { "date": "2025-04-25", "close": 20.672047, "volume": 28283868, "typical_volume": 39729722.55, "trend": 20.067991, "fair_value": 11.910912, "relative_strength": 28.756688, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.084442, "energy": 16.447587, "activity_lines": [ 19.937483, 20.069048, 20.552118, 20.704762 ] }, { "date": "2025-05-02", "close": 20.243662, "volume": 9932600, "typical_volume": 34795519.1, "trend": 20.231375, "fair_value": 11.97834, "relative_strength": 25.183188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.216176, "energy": 11.782545, "activity_lines": [ 20.088912, 20.094225, 20.458376, 20.716095 ] }, { "date": "2025-05-09", "close": 20.293474, "volume": 13490093, "typical_volume": 32024713.3, "trend": 20.459182, "fair_value": 12.048661, "relative_strength": 21.744844, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.307164, "energy": 5.218724, "activity_lines": [ 20.22573, 20.135162, 20.383753, 20.720102 ] }, { "date": "2025-05-16", "close": 20.263586, "volume": 21524390, "typical_volume": 30150569.05, "trend": 20.631533, "fair_value": 12.119983, "relative_strength": 19.254853, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.897821, "energy": 5.581612, "activity_lines": [ 20.306093, 20.14929, 20.325449, 20.707483 ] }, { "date": "2025-05-23", "close": 21.349493, "volume": 37683678, "typical_volume": 29342786.8, "trend": 20.799898, "fair_value": 12.204419, "relative_strength": 24.698978, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.188274, "energy": 11.151676, "activity_lines": [ 20.656107, 20.347452, 20.397368, 20.753803 ] }, { "date": "2025-05-30", "close": 21.59824, "volume": 22335200, "typical_volume": 28537321.2, "trend": 21.02371, "fair_value": 12.290198, "relative_strength": 24.505947, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -4.969645, "energy": 9.100389, "activity_lines": [ 21.000703, 20.596638, 20.49312, 20.805309 ] }, { "date": "2025-06-06", "close": 22.356775, "volume": 14164351, "typical_volume": 27853079.05, "trend": 21.219674, "fair_value": 12.377637, "relative_strength": 25.545127, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.138646, "energy": 25.396093, "activity_lines": [ 21.536397, 20.976136, 20.661352, 20.891313 ] }, { "date": "2025-06-13", "close": 25.510675, "volume": 37442808, "typical_volume": 27270419.45, "trend": 21.475936, "fair_value": 12.481841, "relative_strength": 41.078376, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 44.449176, "energy": 56.636706, "activity_lines": [ 22.982518, 21.882137, 21.125965, 21.168152 ] }, { "date": "2025-06-20", "close": 25.161352, "volume": 81201919, "typical_volume": 31073120.4, "trend": 21.61927, "fair_value": 12.57169, "relative_strength": 37.429639, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.712078, "energy": 64.873635, "activity_lines": [ 23.964384, 22.617088, 21.53555, 21.40592 ] }, { "date": "2025-06-27", "close": 26.069597, "volume": 31922090, "typical_volume": 31037555.65, "trend": 21.691262, "fair_value": 12.669746, "relative_strength": 37.296828, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.535928, "energy": 80.098101, "activity_lines": [ 24.922481, 23.402946, 22.006271, 21.693038 ] }, { "date": "2025-07-04", "close": 25.311064, "volume": 45678224, "typical_volume": 31022065.55, "trend": 21.757231, "fair_value": 12.764209, "relative_strength": 29.352259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.478619, "energy": 74.340139, "activity_lines": [ 25.313059, 23.940977, 22.391098, 21.926574 ] }, { "date": "2025-07-11", "close": 24.083435, "volume": 24912375, "typical_volume": 30630753.95, "trend": 21.784603, "fair_value": 12.851685, "relative_strength": 20.012184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.599766, "energy": 64.323247, "activity_lines": [ 25.046907, 24.171458, 22.640902, 22.076652 ] }, { "date": "2025-07-18", "close": 23.923744, "volume": 23987115, "typical_volume": 30398706.85, "trend": 21.771451, "fair_value": 12.931448, "relative_strength": 16.698113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.879867, "energy": 43.478389, "activity_lines": [ 24.612413, 24.30309, 22.858969, 22.214661 ] }, { "date": "2025-07-25", "close": 23.883823, "volume": 22501064, "typical_volume": 30340044.95, "trend": 21.7045, "fair_value": 13.015373, "relative_strength": 13.26047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.518299, "energy": 30.453881, "activity_lines": [ 24.270408, 24.361458, 23.050348, 22.350943 ] }, { "date": "2025-08-01", "close": 23.324903, "volume": 16531617, "typical_volume": 28603448.15, "trend": 21.76935, "fair_value": 13.090034, "relative_strength": 10.764986, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.271954, "energy": 20.779587, "activity_lines": [ 23.827265, 24.252382, 23.167748, 22.455485 ] }, { "date": "2025-08-08", "close": 23.604362, "volume": 18175781, "typical_volume": 26637792.55, "trend": 21.83455, "fair_value": 13.165982, "relative_strength": 8.678769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.86883, "energy": 19.089638, "activity_lines": [ 23.660254, 24.158201, 23.303873, 22.573873 ] }, { "date": "2025-08-15", "close": 23.314922, "volume": 17512036, "typical_volume": 26447866.75, "trend": 21.894419, "fair_value": 13.238686, "relative_strength": 4.641573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.873532, "energy": 18.007588, "activity_lines": [ 23.510544, 23.974919, 23.400889, 22.669381 ] }, { "date": "2025-08-22", "close": 23.634304, "volume": 32463875, "typical_volume": 27459792.1, "trend": 21.984195, "fair_value": 13.314258, "relative_strength": 1.763147, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.834566, "energy": 16.781691, "activity_lines": [ 23.518528, 23.832285, 23.511468, 22.781631 ] }, { "date": "2025-08-29", "close": 23.235077, "volume": 29629820, "typical_volume": 27713099.0, "trend": 22.097524, "fair_value": 13.3903, "relative_strength": -1.490307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.409184, "energy": 14.487191, "activity_lines": [ 23.412733, 23.651181, 23.564796, 22.862333 ] }, { "date": "2025-09-05", "close": 25.101467, "volume": 37531118, "typical_volume": 28345201.1, "trend": 22.160823, "fair_value": 13.47717, "relative_strength": 6.831068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.072529, "energy": 26.404873, "activity_lines": [ 23.972317, 23.844444, 23.775131, 23.056136 ] }, { "date": "2025-09-12", "close": 27.347126, "volume": 76305399, "typical_volume": 30746277.65, "trend": 22.355431, "fair_value": 13.574207, "relative_strength": 13.589777, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.784791, "energy": 54.222595, "activity_lines": [ 25.162017, 24.46361, 24.175162, 23.390736 ] }, { "date": "2025-09-19", "close": 30.550932, "volume": 97687619, "typical_volume": 35134028.6, "trend": 22.686719, "fair_value": 13.697777, "relative_strength": 27.070541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.847279, "energy": 78.201228, "activity_lines": [ 27.170135, 25.628267, 24.848531, 23.919478 ] }, { "date": "2025-09-26", "close": 28.714483, "volume": 106315153, "typical_volume": 39775281.6, "trend": 23.006605, "fair_value": 13.813046, "relative_strength": 18.14922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.876547, "energy": 77.506555, "activity_lines": [ 28.083702, 26.341434, 25.297918, 24.308366 ] }, { "date": "2025-10-03", "close": 28.035795, "volume": 19205146, "typical_volume": 39659319.4, "trend": 23.290253, "fair_value": 13.924786, "relative_strength": 12.836139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.997458, "energy": 77.728147, "activity_lines": [ 28.432361, 26.844099, 25.642568, 24.63283 ] }, { "date": "2025-10-10", "close": 30.94018, "volume": 33819942, "typical_volume": 39466132.6, "trend": 23.599316, "fair_value": 14.061707, "relative_strength": 22.685055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.339865, "energy": 81.823878, "activity_lines": [ 29.429101, 27.799343, 26.226816, 25.126374 ] }, { "date": "2025-10-17", "close": 30.051897, "volume": 69877015, "typical_volume": 41843223.35, "trend": 23.895041, "fair_value": 14.192177, "relative_strength": 19.801364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.602416, "energy": 63.021486, "activity_lines": [ 29.740499, 28.454621, 26.680795, 25.542669 ] }, { "date": "2025-10-24", "close": 27.057686, "volume": 49228143, "typical_volume": 43596412.95, "trend": 24.137783, "fair_value": 14.306356, "relative_strength": 4.259958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.384435, "energy": 42.644599, "activity_lines": [ 28.873509, 28.44827, 26.809356, 25.746711 ] }, { "date": "2025-10-31", "close": 27.546741, "volume": 32802293, "typical_volume": 43364387.2, "trend": 24.402805, "fair_value": 14.419947, "relative_strength": 5.279491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.245136, "energy": 32.863713, "activity_lines": [ 28.40242, 28.462788, 26.962109, 25.966644 ] }, { "date": "2025-11-07", "close": 25.420851, "volume": 37100844, "typical_volume": 41159333.45, "trend": 24.620873, "fair_value": 14.518395, "relative_strength": -4.325778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.640326, "energy": 16.692329, "activity_lines": [ 27.30055, 28.019645, 26.9027, 26.032324 ] }, { "date": "2025-11-14", "close": 26.049635, "volume": 26928170, "typical_volume": 40909637.45, "trend": 24.821711, "fair_value": 14.624535, "relative_strength": -2.119028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.29148, "energy": 20.737613, "activity_lines": [ 26.582605, 27.651084, 26.901939, 26.124502 ] }, { "date": "2025-11-21", "close": 23.374807, "volume": 26475900, "typical_volume": 39949521.25, "trend": 24.911803, "fair_value": 14.7081, "relative_strength": -8.529484, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.233051, "energy": 16.416978, "activity_lines": [ 25.299086, 26.778952, 26.646529, 26.031154 ] }, { "date": "2025-11-28", "close": 24.632376, "volume": 17942764, "typical_volume": 39601040.7, "trend": 25.058093, "fair_value": 14.801305, "relative_strength": -4.704946, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.224273, "energy": 23.315659, "activity_lines": [ 24.879897, 26.207693, 26.520106, 26.013126 ] }, { "date": "2025-12-05", "close": 25.021622, "volume": 29904112, "typical_volume": 39896890.55, "trend": 25.215698, "fair_value": 14.897446, "relative_strength": -3.42782, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.682593, "energy": 21.254439, "activity_lines": [ 24.752144, 25.814816, 26.428141, 26.010773 ] }, { "date": "2025-12-12", "close": 24.652338, "volume": 14560670, "typical_volume": 39499870.85, "trend": 25.36199, "fair_value": 14.99242, "relative_strength": -4.37978, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.952991, "energy": 23.408187, "activity_lines": [ 24.669637, 25.42194, 26.295778, 25.974427 ] }, { "date": "2025-12-19", "close": 24.193224, "volume": 21993608, "typical_volume": 39772970.4, "trend": 25.456781, "fair_value": 15.083504, "relative_strength": -5.91375, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.410025, "energy": 29.096358, "activity_lines": [ 24.485326, 25.007106, 26.116031, 25.899023 ] }, { "date": "2025-12-26", "close": 24.622395, "volume": 23516390, "typical_volume": 40040000.85, "trend": 25.557586, "fair_value": 15.178664, "relative_strength": -5.628595, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.748248, "energy": 21.054025, "activity_lines": [ 24.567834, 24.792974, 25.973021, 25.845192 ] }, { "date": "2026-01-02", "close": 24.253107, "volume": 11521962, "typical_volume": 39740497.15, "trend": 25.620797, "fair_value": 15.274045, "relative_strength": -7.016435, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.773826, "energy": 20.287042, "activity_lines": [ 24.444072, 24.610418, 25.789994, 25.761032 ] }, { "date": "2026-01-09", "close": 24.772104, "volume": 22383374, "typical_volume": 39236472.1, "trend": 25.596178, "fair_value": 15.375719, "relative_strength": -8.300513, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.426251, "energy": 21.433923, "activity_lines": [ 24.518595, 24.573217, 25.651928, 25.706277 ] }, { "date": "2026-01-16", "close": 29.692591, "volume": 72881486, "typical_volume": 41399055.4, "trend": 25.74722, "fair_value": 15.507421, "relative_strength": 10.215594, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 33.458497, "energy": 21.294974, "activity_lines": [ 26.249914, 25.481098, 25.977061, 25.970562 ] }, { "date": "2026-01-23", "close": 32.836514, "volume": 87591407, "typical_volume": 43902069.85, "trend": 25.972783, "fair_value": 15.655677, "relative_strength": 20.347354, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 78.532708, "energy": 65.082253, "activity_lines": [ 28.69319, 26.882933, 26.570865, 26.427936 ] }, { "date": "2026-01-30", "close": 36.06028, "volume": 72703231, "typical_volume": 43721961.45, "trend": 26.331091, "fair_value": 15.824347, "relative_strength": 31.727723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.655385, "energy": 85.96405, "activity_lines": [ 31.634836, 28.74751, 27.434862, 27.078742 ] }, { "date": "2026-02-06", "close": 29.11371, "volume": 57919173, "typical_volume": 41733539.15, "trend": 26.498767, "fair_value": 15.947856, "relative_strength": 7.678911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.557824, "energy": 72.836089, "activity_lines": [ 31.498433, 29.118429, 27.595788, 27.258266 ] }, { "date": "2026-02-13", "close": 28.015833, "volume": 24434738, "typical_volume": 37639518.4, "trend": 26.635169, "fair_value": 16.062497, "relative_strength": 3.06973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.394356, "energy": 66.307386, "activity_lines": [ 30.672031, 29.208255, 27.658999, 27.356141 ] }, { "date": "2026-02-27", "close": 28.085697, "volume": 21867297, "typical_volume": 37772625.95, "trend": 26.775232, "fair_value": 16.176639, "relative_strength": 1.132117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.324883, "energy": 36.570774, "activity_lines": [ 29.652668, 29.256344, 27.732191, 27.449724 ] }, { "date": "2026-03-06", "close": 27.087627, "volume": 36352740, "typical_volume": 37899265.85, "trend": 26.900656, "fair_value": 16.285519, "relative_strength": -1.776484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.976392, "energy": 19.128614, "activity_lines": [ 28.407741, 29.06054, 27.710091, 27.469878 ] }, { "date": "2026-03-13", "close": 27.137531, "volume": 37277112, "typical_volume": 36269270.7, "trend": 27.018428, "fair_value": 16.393899, "relative_strength": -1.142641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.39703, "energy": 19.298317, "activity_lines": [ 27.562709, 28.821185, 27.711089, 27.48516 ] }, { "date": "2026-03-20", "close": 24.692259, "volume": 22252874, "typical_volume": 34920507.25, "trend": 27.06434, "fair_value": 16.486982, "relative_strength": -6.87864, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.284423, "energy": 18.960653, "activity_lines": [ 26.497435, 28.091505, 27.493082, 27.335085 ] }, { "date": "2026-03-27", "close": 24.273069, "volume": 19940020, "typical_volume": 34277393.6, "trend": 27.085632, "fair_value": 16.57883, "relative_strength": -7.421495, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.018622, "energy": 22.442575, "activity_lines": [ 25.587195, 27.277624, 27.246416, 27.155003 ] }, { "date": "2026-04-03", "close": 24.512606, "volume": 20382876, "typical_volume": 33441495.2, "trend": 27.128216, "fair_value": 16.674234, "relative_strength": -5.810305, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.442137, "energy": 40.329401, "activity_lines": [ 25.006318, 26.516368, 27.038152, 26.989001 ] }, { "date": "2026-04-10", "close": 27.047705, "volume": 70140424, "typical_volume": 35602107.9, "trend": 27.193091, "fair_value": 16.782858, "relative_strength": 0.897144, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.981573, "energy": 31.408466, "activity_lines": [ 25.50868, 26.310221, 27.075651, 26.983807 ] }, { "date": "2026-04-17", "close": 26.498766, "volume": 41752320, "typical_volume": 36365928.9, "trend": 27.164812, "fair_value": 16.887332, "relative_strength": -2.938616, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.289385, "energy": 23.716279, "activity_lines": [ 25.830724, 26.109519, 27.056117, 26.939012 ] }, { "date": "2026-04-24", "close": 24.762123, "volume": 32273837, "typical_volume": 37082482.55, "trend": 26.971852, "fair_value": 16.983704, "relative_strength": -9.921977, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.834786, "energy": 23.860979, "activity_lines": [ 25.616472, 25.766908, 26.856313, 26.784 ] }, { "date": "2026-05-01", "close": 24.861931, "volume": 32901518, "typical_volume": 37232352.85, "trend": 26.843433, "fair_value": 17.081978, "relative_strength": -10.210048, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.055639, "energy": 21.716403, "activity_lines": [ 25.430831, 25.521564, 26.665396, 26.647876 ] }, { "date": "2026-05-08", "close": 26.498766, "volume": 21133909, "typical_volume": 37561014.8, "trend": 26.792199, "fair_value": 17.194026, "relative_strength": -5.895278, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.180318, "energy": 16.572353, "activity_lines": [ 25.751544, 25.631171, 26.631129, 26.625639 ] }, { "date": "2026-05-15", "close": 24.792067, "volume": 33158224, "typical_volume": 38119245.6, "trend": 26.587262, "fair_value": 17.292673, "relative_strength": -10.987869, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.438626, "energy": 34.955019, "activity_lines": [ 25.370947, 25.459321, 26.425527, 26.496598 ] }, { "date": "2026-05-22", "close": 22.127218, "volume": 36236336, "typical_volume": 38755242.9, "trend": 26.323106, "fair_value": 17.374868, "relative_strength": -19.975517, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.656187, "energy": 56.370604, "activity_lines": [ 24.252443, 24.844691, 25.963278, 26.208854 ] }, { "date": "2026-05-29", "close": 21.42, "volume": 38925870, "typical_volume": 40125438.3, "trend": 26.135183, "fair_value": 17.453224, "relative_strength": -21.439422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.648819, "energy": 66.798778, "activity_lines": [ 23.189636, 24.192573, 25.445556, 25.892524 ] }, { "date": "2026-06-05", "close": 20.209999, "volume": 6364932, "typical_volume": 39324516.2, "trend": 25.890625, "fair_value": 17.520289, "relative_strength": -24.816339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.444823, "energy": 79.789671, "activity_lines": [ 21.946303, 23.37995, 24.826087, 25.510254 ] }, { "date": "2026-06-12", "close": 19.26, "volume": 5119115, "typical_volume": 35936397.65, "trend": 25.685263, "fair_value": 17.581454, "relative_strength": -28.038821, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.294684, "energy": 87.055871, "activity_lines": [ 20.696433, 22.468474, 24.137867, 25.082472 ] }, { "date": "2026-06-19", "close": 18.879999, "volume": 13511070, "typical_volume": 32232380.8, "trend": 25.446275, "fair_value": 17.641508, "relative_strength": -29.878632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.319387, "energy": 89.773224, "activity_lines": [ 19.802481, 21.583409, 23.463135, 24.643423 ] }, { "date": "2026-06-26", "close": 16.4, "volume": 5565100, "typical_volume": 28875474.25, "trend": 25.213782, "fair_value": 17.687559, "relative_strength": -37.50962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.021896, "energy": 94.344384, "activity_lines": [ 18.476, 20.395939, 22.618672, 24.059792 ] }, { "date": "2026-07-03", "close": 17.6, "volume": 8565546, "typical_volume": 26407792.9, "trend": 24.979369, "fair_value": 17.739408, "relative_strength": -32.559826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.5383, "energy": 88.444332, "activity_lines": [ 17.931333, 19.610264, 21.982116, 23.56858 ] }, { "date": "2026-07-10", "close": 16.209999, "volume": 24288170, "typical_volume": 26400464.5, "trend": 24.685649, "fair_value": 17.773573, "relative_strength": -36.536688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.607581, "energy": 90.341095, "activity_lines": [ 17.178, 18.702082, 21.268005, 23.002814 ] }, { "date": "2026-07-17", "close": 14.42, "volume": 21086748, "typical_volume": 26361437.05, "trend": 24.344571, "fair_value": 17.792983, "relative_strength": -39.513541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.839116, "energy": 91.72151, "activity_lines": [ 16.094666, 17.625754, 20.439637, 22.340514 ] }, { "date": "2026-07-24", "close": 16.4, "volume": 58152286, "typical_volume": 27451414.35, "trend": 24.084797, "fair_value": 17.82898, "relative_strength": -31.597962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.978384, "energy": 65.454369, "activity_lines": [ 15.994, 17.12904, 19.864914, 21.827962 ] }, { "date": "2026-07-31", "close": 19.459999, "volume": 107933744, "typical_volume": 30984245.95, "trend": 23.912717, "fair_value": 17.886117, "relative_strength": -18.828306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.205823, "energy": 56.009242, "activity_lines": [ 17.078666, 17.341272, 19.632514, 21.529588 ] }, { "date": "2026-08-07", "close": 22.42, "volume": 97353999, "typical_volume": 34739302.2, "trend": 23.851613, "fair_value": 17.960704, "relative_strength": -8.798022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.099236, "energy": 28.145106, "activity_lines": [ 18.946, 18.140181, 19.718578, 21.433283 ] } ], "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." } } }