{ "ticker": { "uuid": "6b8faf29-9324-4bc5-b18c-84d65c5680a9", "symbol": "688202", "name": "Shanghai Medicilon Inc.", "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 76.966, "architecture_energy": 49.833, "architecture_maturity": 30.512, "architecture_confidence": 75.812, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 25.74, "rotation_up": 67.64, "upward_expansion": 78.73, "deceleration": 59.09, "rotation_down": 12.62, "downward_expansion": 5.4 }, "activity_lines": [ 83.207333, 78.320909, 71.806619, 69.535247 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 95.099998, "trend_reference": 67.625333, "distance_from_trend": 0.406278, "trend_direction": "Improving", "fair_value": 51.382692, "distance_from_fair_value": 0.850818, "fair_value_direction": "Improving", "relative_strength": 45.504939, "relative_strength_direction": "Improving", "price_momentum": 0.60371, "excess_performance": 0.646914, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.406278, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.066735, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.850818, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.701754, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.455049, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.488732, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.60371, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.295802, "read": "Demand-led" } ], "volume": { "latest": 44567318, "relative_activity": 1.836593, "balance": 1.295802, "dry_up": 1.946046, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.145313, "annualized_volatility": 0.774531, "from_high_reference": -0.018576, "from_low_reference": 0.883168 }, "levels": { "trend_reference": 67.625333, "fair_value_reference": 51.382692, "structural_low": 50.5, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.014106, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.021562, "regime_survival": 0.583333, "best_return": 0.163272, "worst_return": -0.306352, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.019107, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.008203, "regime_survival": 0.166667, "best_return": 0.173929, "worst_return": -0.367778, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.272805, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.284226, "regime_survival": 0.0, "best_return": 0.316521, "worst_return": -0.448971, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.244637, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.171202, "regime_survival": 0.333333, "best_return": 0.567416, "worst_return": -0.702573, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": -0.049291, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-21", "tenure": "Developing", "return": 0.348672, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": 0.019883, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": -0.05694, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-18", "tenure": "New", "return": -0.147247, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": 0.079287, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.171748, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-10-10", "tenure": "Established", "return": 0.173929, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-19", "tenure": "Developing", "return": -0.066436, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.232853, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-06-12", "tenure": "Established", "return": -0.226522, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": 0.238287, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": 0.10828, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.308295, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 90.010002, "volume": 9171112, "typical_volume": 10346961.3, "trend": 115.938434, "fair_value": 176.249041, "relative_strength": -39.96911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.398165, "energy": 55.388843, "activity_lines": [ 87.802668, 88.218238, 94.511236, 102.676224 ] }, { "date": "2023-08-04", "close": 92.269997, "volume": 13296452, "typical_volume": 10500740.85, "trend": 113.941998, "fair_value": 176.404014, "relative_strength": -37.394987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.743228, "energy": 42.610487, "activity_lines": [ 89.488, 88.670364, 93.674856, 101.149228 ] }, { "date": "2023-08-11", "close": 95.190002, "volume": 13160518, "typical_volume": 10652056.9, "trend": 111.706162, "fair_value": 176.577285, "relative_strength": -32.181334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.398695, "energy": 33.441087, "activity_lines": [ 91.678667, 89.753637, 93.211289, 99.939421 ] }, { "date": "2023-08-18", "close": 84.900002, "volume": 9774711, "typical_volume": 10596391.8, "trend": 109.377979, "fair_value": 176.66974, "relative_strength": -36.895483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.545994, "energy": 35.179521, "activity_lines": [ 89.806001, 88.991637, 91.867539, 98.209992 ] }, { "date": "2023-08-25", "close": 76.790001, "volume": 9675891, "typical_volume": 10503904.5, "trend": 106.433243, "fair_value": 176.657457, "relative_strength": -40.139173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.640633, "energy": 51.881616, "activity_lines": [ 85.578001, 86.84691, 89.875732, 96.107542 ] }, { "date": "2023-09-01", "close": 71.989998, "volume": 12484322, "typical_volume": 10063946.4, "trend": 103.894078, "fair_value": 176.665861, "relative_strength": -43.795264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.472938, "energy": 62.031713, "activity_lines": [ 80.297333, 84.13091, 87.614218, 93.885397 ] }, { "date": "2023-09-08", "close": 69.510002, "volume": 8427410, "typical_volume": 9652792.1, "trend": 101.342201, "fair_value": 176.655131, "relative_strength": -44.153426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.281333, "energy": 87.313343, "activity_lines": [ 75.391334, 81.183455, 85.428979, 91.667069 ] }, { "date": "2023-09-15", "close": 72.690002, "volume": 8867169, "typical_volume": 9288013.45, "trend": 99.27171, "fair_value": 176.598832, "relative_strength": -40.442989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.152823, "energy": 85.144161, "activity_lines": [ 73.062668, 79.100365, 83.798106, 89.81854 ] }, { "date": "2023-09-22", "close": 73.300003, "volume": 6880419, "typical_volume": 9434694.65, "trend": 97.028998, "fair_value": 176.502366, "relative_strength": -39.162286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.794939, "energy": 82.949386, "activity_lines": [ 72.437335, 77.364547, 82.387333, 88.142946 ] }, { "date": "2023-09-29", "close": 76.040001, "volume": 8649360, "typical_volume": 9367948.35, "trend": 95.157677, "fair_value": 176.485632, "relative_strength": -35.499192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.725549, "energy": 61.474853, "activity_lines": [ 73.498668, 76.432729, 81.380725, 86.788817 ] }, { "date": "2023-10-13", "close": 79.620003, "volume": 12079453, "typical_volume": 9502509.15, "trend": 93.777993, "fair_value": 176.452461, "relative_strength": -31.090214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.215488, "energy": 45.308088, "activity_lines": [ 75.803336, 76.314729, 80.82054, 85.786387 ] }, { "date": "2023-10-20", "close": 71.529999, "volume": 8614378, "typical_volume": 9540429.95, "trend": 92.423639, "fair_value": 176.356041, "relative_strength": -34.956135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.869142, "energy": 45.004502, "activity_lines": [ 74.902668, 74.914729, 79.584668, 84.351032 ] }, { "date": "2023-10-27", "close": 71.489998, "volume": 9585730, "typical_volume": 9487888.55, "trend": 90.934919, "fair_value": 176.248295, "relative_strength": -34.742617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.574325, "energy": 42.873436, "activity_lines": [ 73.854, 73.884546, 78.470001, 83.000475 ] }, { "date": "2023-11-03", "close": 71.019997, "volume": 13637676, "typical_volume": 9791457.65, "trend": 89.601982, "fair_value": 176.105175, "relative_strength": -34.492282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.870633, "energy": 43.261526, "activity_lines": [ 72.728665, 73.199818, 77.430143, 81.715641 ] }, { "date": "2023-11-10", "close": 77.760002, "volume": 18388087, "typical_volume": 10253514.6, "trend": 88.322262, "fair_value": 175.993286, "relative_strength": -27.327689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.342196, "energy": 34.02805, "activity_lines": [ 74.002, 73.992909, 77.122334, 80.951643 ] }, { "date": "2023-11-17", "close": 77.980003, "volume": 11175183, "typical_volume": 10507289.75, "trend": 86.334672, "fair_value": 175.95271, "relative_strength": -26.202819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.029722, "energy": 26.212429, "activity_lines": [ 75.234001, 74.808364, 76.90981, 80.2844 ] }, { "date": "2023-11-24", "close": 74.620003, "volume": 8766190, "typical_volume": 10578009.35, "trend": 84.744452, "fair_value": 175.872052, "relative_strength": -27.693192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.626074, "energy": 22.277746, "activity_lines": [ 75.455335, 74.904001, 76.406239, 79.528615 ] }, { "date": "2023-12-01", "close": 72.75, "volume": 7440956, "typical_volume": 10412950.3, "trend": 83.612411, "fair_value": 175.854001, "relative_strength": -27.812747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.56389, "energy": 21.704956, "activity_lines": [ 74.847335, 74.566728, 75.775191, 78.754779 ] }, { "date": "2023-12-08", "close": 65.870003, "volume": 9360208, "typical_volume": 10372591.75, "trend": 82.362254, "fair_value": 175.794048, "relative_strength": -32.124487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.633854, "energy": 41.38455, "activity_lines": [ 71.862002, 72.977456, 74.550525, 77.610108 ] }, { "date": "2023-12-15", "close": 66.010002, "volume": 7977694, "typical_volume": 10370645.95, "trend": 81.289636, "fair_value": 175.754442, "relative_strength": -30.301887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.256295, "energy": 62.255885, "activity_lines": [ 69.266669, 71.548729, 73.454668, 76.555124 ] }, { "date": "2023-12-22", "close": 65.889999, "volume": 4876364, "typical_volume": 10155908.55, "trend": 80.168436, "fair_value": 175.729116, "relative_strength": -28.742838, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.345158, "energy": 69.631127, "activity_lines": [ 67.414668, 70.280547, 72.437811, 75.561599 ] }, { "date": "2023-12-29", "close": 68.379997, "volume": 7026286, "typical_volume": 9842400.25, "trend": 79.188334, "fair_value": 175.684476, "relative_strength": -26.584429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.214302, "energy": 65.138023, "activity_lines": [ 67.198666, 69.714728, 71.772953, 74.801054 ] }, { "date": "2024-01-05", "close": 65.080002, "volume": 3681546, "typical_volume": 9368451.65, "trend": 78.137667, "fair_value": 175.645349, "relative_strength": -28.084801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.024756, "energy": 60.363939, "activity_lines": [ 66.298667, 68.606183, 70.907572, 73.890839 ] }, { "date": "2024-01-12", "close": 62.84, "volume": 6390498, "typical_volume": 9199241.0, "trend": 77.234001, "fair_value": 175.526491, "relative_strength": -28.19579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.189913, "energy": 55.196984, "activity_lines": [ 65.163333, 67.20691, 69.972239, 72.903893 ] }, { "date": "2024-01-19", "close": 59.099998, "volume": 4950993, "typical_volume": 8962996.1, "trend": 76.091667, "fair_value": 175.3801, "relative_strength": -29.929971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.800839, "energy": 64.717259, "activity_lines": [ 62.983333, 65.276364, 68.785762, 71.733958 ] }, { "date": "2024-01-26", "close": 50.279999, "volume": 11240168, "typical_volume": 8900788.4, "trend": 74.965667, "fair_value": 175.193577, "relative_strength": -40.792649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.041273, "energy": 87.191705, "activity_lines": [ 58.323999, 62.081454, 66.843524, 70.068689 ] }, { "date": "2024-02-02", "close": 39.5, "volume": 11795419, "typical_volume": 9069188.85, "trend": 73.440667, "fair_value": 174.885881, "relative_strength": -49.210102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.084806, "energy": 96.364807, "activity_lines": [ 51.111999, 57.430181, 63.978, 67.780581 ] }, { "date": "2024-02-09", "close": 41.98, "volume": 12256166, "typical_volume": 9238638.7, "trend": 71.983667, "fair_value": 174.422142, "relative_strength": -47.487872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.175715, "energy": 94.181311, "activity_lines": [ 46.652, 53.868363, 61.491572, 65.750861 ] }, { "date": "2024-02-23", "close": 42.84, "volume": 21579289, "typical_volume": 9973582.2, "trend": 70.407667, "fair_value": 173.817413, "relative_strength": -47.791381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.232707, "energy": 90.579695, "activity_lines": [ 44.018666, 51.022363, 59.233286, 63.870624 ] }, { "date": "2024-03-01", "close": 43.349998, "volume": 25932536, "typical_volume": 10837741.0, "trend": 69.019334, "fair_value": 173.303071, "relative_strength": -46.520856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.28426, "energy": 88.060534, "activity_lines": [ 42.888666, 48.687818, 57.168619, 62.124968 ] }, { "date": "2024-03-08", "close": 39.080002, "volume": 22766620, "typical_volume": 11372099.35, "trend": 67.321667, "fair_value": 172.747442, "relative_strength": -51.027223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.097151, "energy": 84.103083, "activity_lines": [ 41.385333, 45.988909, 54.852952, 60.193398 ] }, { "date": "2024-03-15", "close": 45.119999, "volume": 36957421, "typical_volume": 12789251.5, "trend": 65.75, "fair_value": 172.077426, "relative_strength": -42.566215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.208566, "energy": 63.968855, "activity_lines": [ 42.642, 44.875636, 53.305571, 58.761032 ] }, { "date": "2024-03-22", "close": 45.09, "volume": 30369192, "typical_volume": 13828424.6, "trend": 64.08, "fair_value": 171.372493, "relative_strength": -41.488203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.15885, "energy": 57.30078, "activity_lines": [ 43.514, 44.179818, 51.881095, 57.428129 ] }, { "date": "2024-03-29", "close": 41.470001, "volume": 15241836, "typical_volume": 13908632.6, "trend": 62.632334, "fair_value": 170.792055, "relative_strength": -45.194272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.929569, "energy": 54.955537, "activity_lines": [ 42.972, 43.189273, 50.237571, 55.96942 ] }, { "date": "2024-04-05", "close": 41.669998, "volume": 6714041, "typical_volume": 13324930.3, "trend": 61.461667, "fair_value": 170.196072, "relative_strength": -44.491157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.852353, "energy": 51.001406, "activity_lines": [ 42.588, 42.623636, 48.753809, 54.617011 ] }, { "date": "2024-04-12", "close": 37.669998, "volume": 12683852, "typical_volume": 13400363.75, "trend": 60.317667, "fair_value": 169.625061, "relative_strength": -48.116879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.98568, "energy": 56.764559, "activity_lines": [ 40.982666, 41.647636, 47.060952, 53.082064 ] }, { "date": "2024-04-19", "close": 32.02, "volume": 16441770, "typical_volume": 13784142.75, "trend": 59.068, "fair_value": 168.950746, "relative_strength": -55.690669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.875517, "energy": 64.90459, "activity_lines": [ 37.587999, 39.873636, 45.021952, 51.256408 ] }, { "date": "2024-04-26", "close": 34.200001, "volume": 13336508, "typical_volume": 14078920.35, "trend": 57.785, "fair_value": 168.212801, "relative_strength": -51.847909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.190375, "energy": 73.362034, "activity_lines": [ 35.793333, 38.632, 43.393428, 49.652021 ] }, { "date": "2024-05-03", "close": 35.360001, "volume": 6478095, "typical_volume": 13934814.7, "trend": 56.520333, "fair_value": 167.407115, "relative_strength": -49.387939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.056597, "energy": 75.436631, "activity_lines": [ 35.111334, 37.742727, 42.058952, 48.205247 ] }, { "date": "2024-05-10", "close": 37.639999, "volume": 30184079, "typical_volume": 15045133.95, "trend": 55.240333, "fair_value": 166.525138, "relative_strength": -46.043204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.311586, "energy": 70.623368, "activity_lines": [ 35.596667, 37.404, 41.086904, 46.987161 ] }, { "date": "2024-05-17", "close": 35.740002, "volume": 16237282, "typical_volume": 15613179.85, "trend": 53.777667, "fair_value": 165.702794, "relative_strength": -47.86661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.331217, "energy": 55.504875, "activity_lines": [ 35.717334, 36.823637, 40.069, 45.729075 ] }, { "date": "2024-05-24", "close": 33.450001, "volume": 10107156, "typical_volume": 15767223.35, "trend": 52.508333, "fair_value": 164.70027, "relative_strength": -49.317903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.108961, "energy": 54.983346, "activity_lines": [ 35.203334, 35.887637, 38.976571, 44.417613 ] }, { "date": "2024-05-31", "close": 32.959999, "volume": 8467333, "typical_volume": 16006512.7, "trend": 51.224, "fair_value": 163.714216, "relative_strength": -49.128125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.513324, "energy": 55.246979, "activity_lines": [ 34.430667, 35.074727, 38.00381, 43.15643 ] }, { "date": "2024-06-07", "close": 29.77, "volume": 10937388, "typical_volume": 16233857.2, "trend": 49.849, "fair_value": 162.798263, "relative_strength": -52.618789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.380524, "energy": 63.400006, "activity_lines": [ 32.677333, 33.902364, 36.88019, 41.772301 ] }, { "date": "2024-06-14", "close": 29.690001, "volume": 14788576, "typical_volume": 16725736.35, "trend": 48.246667, "fair_value": 161.600376, "relative_strength": -51.545263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.260532, "energy": 81.223357, "activity_lines": [ 31.27, 32.928182, 35.906429, 40.47172 ] }, { "date": "2024-06-21", "close": 28.879999, "volume": 12635084, "typical_volume": 16795482.15, "trend": 46.61, "fair_value": 160.267719, "relative_strength": -51.484336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.891552, "energy": 86.739447, "activity_lines": [ 30.122667, 32.024546, 34.995571, 39.222258 ] }, { "date": "2024-06-28", "close": 26.049999, "volume": 12528226, "typical_volume": 16832122.5, "trend": 44.991, "fair_value": 159.023327, "relative_strength": -54.923102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.577392, "energy": 92.49205, "activity_lines": [ 28.489333, 30.766182, 33.917095, 37.895806 ] }, { "date": "2024-07-05", "close": 25.030001, "volume": 7924205, "typical_volume": 16615524.45, "trend": 43.400333, "fair_value": 157.677073, "relative_strength": -55.652066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.078468, "energy": 91.08742, "activity_lines": [ 27.009333, 29.430909, 32.805524, 36.608 ] }, { "date": "2024-07-12", "close": 28.99, "volume": 18777554, "typical_volume": 16475437.7, "trend": 42.171, "fair_value": 156.248213, "relative_strength": -48.125611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.966581, "energy": 71.031065, "activity_lines": [ 27.378, 28.982364, 32.15181, 35.678301 ] }, { "date": "2024-07-19", "close": 29.040001, "volume": 14472206, "typical_volume": 15902421.2, "trend": 40.938666, "fair_value": 154.675219, "relative_strength": -47.308451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.107695, "energy": 63.523817, "activity_lines": [ 27.815334, 28.658727, 31.56881, 34.83114 ] }, { "date": "2024-07-26", "close": 28.459999, "volume": 13046570, "typical_volume": 15416418.7, "trend": 39.691, "fair_value": 153.165078, "relative_strength": -45.711653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.759366, "energy": 55.893329, "activity_lines": [ 28.102667, 28.386, 30.998714, 34.026064 ] }, { "date": "2024-08-02", "close": 31.83, "volume": 19738107, "typical_volume": 14555453.0, "trend": 38.472667, "fair_value": 151.87499, "relative_strength": -38.550408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.187575, "energy": 34.185524, "activity_lines": [ 29.541333, 28.858364, 30.800143, 33.518903 ] }, { "date": "2024-08-09", "close": 30.030001, "volume": 16946749, "typical_volume": 13884330.85, "trend": 37.304333, "fair_value": 150.750617, "relative_strength": -40.053303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.343058, "energy": 29.127555, "activity_lines": [ 29.994667, 29.032909, 30.493429, 32.974215 ] }, { "date": "2024-08-16", "close": 28.450001, "volume": 13360720, "typical_volume": 13790275.05, "trend": 36.158, "fair_value": 149.448618, "relative_strength": -42.396536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.272975, "energy": 29.951266, "activity_lines": [ 29.588001, 28.973455, 30.107953, 32.402968 ] }, { "date": "2024-08-23", "close": 24.1, "volume": 10904792, "typical_volume": 13999812.6, "trend": 34.991333, "fair_value": 148.17892, "relative_strength": -49.56536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.746952, "energy": 48.157752, "activity_lines": [ 27.767334, 28.147091, 29.370191, 31.625032 ] }, { "date": "2024-08-30", "close": 25.48, "volume": 10222195, "typical_volume": 13876729.75, "trend": 34.164667, "fair_value": 146.749696, "relative_strength": -45.309566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.49055, "energy": 52.47213, "activity_lines": [ 26.736, 27.673273, 28.847524, 31.011398 ] }, { "date": "2024-09-06", "close": 24.190001, "volume": 10394078, "typical_volume": 13574345.15, "trend": 33.654333, "fair_value": 145.147784, "relative_strength": -45.602852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.064742, "energy": 73.3701, "activity_lines": [ 25.473334, 27.026728, 28.260048, 30.367871 ] }, { "date": "2024-09-13", "close": 23.99, "volume": 10198743, "typical_volume": 13417456.9, "trend": 33.054667, "fair_value": 143.247514, "relative_strength": -43.874501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.908302, "energy": 79.032489, "activity_lines": [ 24.653334, 26.377637, 27.69081, 29.744366 ] }, { "date": "2024-09-20", "close": 24.24, "volume": 4908334, "typical_volume": 13338968.85, "trend": 32.434667, "fair_value": 141.364858, "relative_strength": -43.035907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.577992, "energy": 72.68658, "activity_lines": [ 24.319334, 25.792909, 27.194, 29.175678 ] }, { "date": "2024-09-27", "close": 29.98, "volume": 20905414, "typical_volume": 12875035.6, "trend": 31.989, "fair_value": 139.409838, "relative_strength": -36.480878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.906199, "energy": 36.815119, "activity_lines": [ 26.179333, 26.338182, 27.29681, 29.017312 ] }, { "date": "2024-10-04", "close": 35.98, "volume": 11298743, "typical_volume": 12628108.65, "trend": 31.885667, "fair_value": 137.728257, "relative_strength": -28.319243, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 1.922137, "energy": 12.827776, "activity_lines": [ 29.647333, 27.957273, 28.007524, 29.274796 ] }, { "date": "2024-10-11", "close": 34.5, "volume": 36779682, "typical_volume": 13961734.95, "trend": 31.531667, "fair_value": 135.655067, "relative_strength": -27.458342, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.86054, "energy": 34.220289, "activity_lines": [ 31.922, 29.170546, 28.576143, 29.443463 ] }, { "date": "2024-10-18", "close": 34.950001, "volume": 26928086, "typical_volume": 14884772.6, "trend": 31.193667, "fair_value": 133.459139, "relative_strength": -26.049863, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.153619, "energy": 40.228203, "activity_lines": [ 33.659334, 30.417091, 29.182619, 29.664 ] }, { "date": "2024-10-25", "close": 38.110001, "volume": 33658346, "typical_volume": 16020820.5, "trend": 31.081667, "fair_value": 131.185134, "relative_strength": -18.958853, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.487078, "energy": 60.620078, "activity_lines": [ 35.719334, 32.148728, 30.080572, 30.110215 ] }, { "date": "2024-11-01", "close": 34.200001, "volume": 25345218, "typical_volume": 16548652.6, "trend": 30.832667, "fair_value": 128.988579, "relative_strength": -25.324239, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.879942, "energy": 59.518698, "activity_lines": [ 35.551334, 32.993819, 30.566429, 30.311398 ] }, { "date": "2024-11-08", "close": 39.290001, "volume": 30319929, "typical_volume": 17432894.85, "trend": 30.886667, "fair_value": 126.910119, "relative_strength": -17.321223, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.485692, "energy": 58.3672, "activity_lines": [ 36.798668, 34.580728, 31.515572, 30.857033 ] }, { "date": "2024-11-15", "close": 37.02, "volume": 27001880, "typical_volume": 18156577.55, "trend": 31.053334, "fair_value": 124.948629, "relative_strength": -17.588289, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.30388, "energy": 48.800743, "activity_lines": [ 37.068667, 35.503819, 32.198953, 31.252732 ] }, { "date": "2024-11-22", "close": 35.599998, "volume": 18502576, "typical_volume": 18685496.1, "trend": 31.1, "fair_value": 122.914578, "relative_strength": -17.486472, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.477426, "energy": 40.134702, "activity_lines": [ 36.697333, 35.935455, 32.694857, 31.546065 ] }, { "date": "2024-11-29", "close": 37.360001, "volume": 13344415, "typical_volume": 18413839.15, "trend": 31.166667, "fair_value": 120.771889, "relative_strength": -13.269139, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.60197, "energy": 40.733083, "activity_lines": [ 36.869333, 36.476, 33.308048, 31.949936 ] }, { "date": "2024-12-06", "close": 38.23, "volume": 16125156, "typical_volume": 18496486.65, "trend": 31.186334, "fair_value": 119.264353, "relative_strength": -11.59713, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.509595, "energy": 37.75519, "activity_lines": [ 37.381333, 36.936182, 33.964238, 32.405635 ] }, { "date": "2024-12-13", "close": 35.950001, "volume": 23110001, "typical_volume": 18999658.2, "trend": 31.193334, "fair_value": 117.545663, "relative_strength": -15.081491, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.915483, "energy": 30.832944, "activity_lines": [ 36.864667, 36.831819, 34.359524, 32.712968 ] }, { "date": "2024-12-20", "close": 33.68, "volume": 13580732, "typical_volume": 18691789.45, "trend": 31.201, "fair_value": 115.791031, "relative_strength": -18.316357, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.083866, "energy": 21.958789, "activity_lines": [ 35.814, 36.315273, 34.502953, 32.873398 ] }, { "date": "2024-12-27", "close": 31.84, "volume": 9987711, "typical_volume": 18343837.55, "trend": 31.163667, "fair_value": 113.909222, "relative_strength": -21.882435, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.6825, "energy": 15.363836, "activity_lines": [ 34.372667, 35.479091, 34.462334, 32.914624 ] }, { "date": "2025-01-03", "close": 28.200001, "volume": 9727443, "typical_volume": 18162173.7, "trend": 31.111334, "fair_value": 112.331719, "relative_strength": -25.039212, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.809326, "energy": 15.282618, "activity_lines": [ 31.968667, 34.037637, 34.066429, 32.72342 ] }, { "date": "2025-01-10", "close": 26.809999, "volume": 9497761, "typical_volume": 18091822.15, "trend": 31.015334, "fair_value": 110.757589, "relative_strength": -26.100157, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.441077, "energy": 39.021082, "activity_lines": [ 29.712, 32.523636, 33.539334, 32.445914 ] }, { "date": "2025-01-17", "close": 28.25, "volume": 9518194, "typical_volume": 18056622.1, "trend": 30.994334, "fair_value": 109.406632, "relative_strength": -22.180562, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.742299, "energy": 50.485025, "activity_lines": [ 28.696667, 31.405818, 33.136476, 32.267506 ] }, { "date": "2025-01-24", "close": 28.0, "volume": 9844795, "typical_volume": 18029157.95, "trend": 31.059334, "fair_value": 108.20867, "relative_strength": -21.472335, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.923396, "energy": 55.729982, "activity_lines": [ 28.111333, 30.443273, 32.696619, 32.074323 ] }, { "date": "2025-01-31", "close": 27.49, "volume": 1530229, "typical_volume": 17595732.25, "trend": 31.141334, "fair_value": 106.811064, "relative_strength": -21.642215, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.940777, "energy": 58.157794, "activity_lines": [ 27.734667, 29.552, 32.190048, 31.844043 ] }, { "date": "2025-02-07", "close": 30.43, "volume": 8831047, "typical_volume": 17791867.9, "trend": 31.189334, "fair_value": 105.597014, "relative_strength": -13.848252, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.27368, "energy": 37.256245, "activity_lines": [ 28.628, 29.342727, 31.94681, 31.798151 ] }, { "date": "2025-02-14", "close": 35.25, "volume": 24514036, "typical_volume": 17972299.0, "trend": 31.396334, "fair_value": 104.395291, "relative_strength": -0.751409, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 16.735546, "energy": 11.82156, "activity_lines": [ 30.979333, 30.135818, 32.133143, 32.060129 ] }, { "date": "2025-02-21", "close": 38.099998, "volume": 33531344, "typical_volume": 19083929.05, "trend": 31.717667, "fair_value": 103.437673, "relative_strength": 6.821889, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 38.587607, "energy": 33.518936, "activity_lines": [ 33.717999, 31.501272, 32.565809, 32.492624 ] }, { "date": "2025-02-28", "close": 34.200001, "volume": 24233091, "typical_volume": 18456599.5, "trend": 31.796667, "fair_value": 102.503218, "relative_strength": -1.711349, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 30.346806, "energy": 35.198153, "activity_lines": [ 34.5, 32.118545, 32.616952, 32.652774 ] }, { "date": "2025-03-07", "close": 34.880001, "volume": 17681665, "typical_volume": 17994278.45, "trend": 31.958334, "fair_value": 101.713589, "relative_strength": -0.839518, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 43.737739, "energy": 41.196102, "activity_lines": [ 35.095334, 32.85, 32.734286, 32.851699 ] }, { "date": "2025-03-14", "close": 35.299999, "volume": 19181701, "typical_volume": 17270446.2, "trend": 32.186667, "fair_value": 100.808029, "relative_strength": -0.206858, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.600779, "energy": 45.534686, "activity_lines": [ 35.338, 33.602545, 32.891952, 33.06729 ] }, { "date": "2025-03-21", "close": 33.290001, "volume": 20394686, "typical_volume": 17022919.6, "trend": 32.493, "fair_value": 99.82363, "relative_strength": -3.479177, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.199743, "energy": 27.694498, "activity_lines": [ 34.586, 33.860546, 32.871571, 33.138473 ] }, { "date": "2025-03-28", "close": 32.869999, "volume": 13765118, "typical_volume": 16195179.05, "trend": 32.739333, "fair_value": 98.750877, "relative_strength": -3.620125, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.862632, "energy": 16.029441, "activity_lines": [ 33.824667, 33.924364, 32.815524, 33.162796 ] }, { "date": "2025-04-04", "close": 33.290001, "volume": 14041470, "typical_volume": 15547158.55, "trend": 33.042667, "fair_value": 97.647401, "relative_strength": -1.443688, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.016854, "energy": 4.526104, "activity_lines": [ 33.552, 33.980546, 32.830048, 33.198323 ] }, { "date": "2025-04-11", "close": 29.0, "volume": 20892622, "typical_volume": 15666660.85, "trend": 33.209667, "fair_value": 96.504077, "relative_strength": -10.795355, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.781277, "energy": 28.880441, "activity_lines": [ 31.91, 33.160546, 32.453762, 32.937505 ] }, { "date": "2025-04-18", "close": 28.030001, "volume": 8592445, "typical_volume": 15429062.35, "trend": 33.336, "fair_value": 95.262489, "relative_strength": -14.482317, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.828873, "energy": 41.66884, "activity_lines": [ 30.336667, 32.136728, 32.016524, 32.603333 ] }, { "date": "2025-04-25", "close": 28.629999, "volume": 10951384, "typical_volume": 15170373.75, "trend": 33.291, "fair_value": 93.997262, "relative_strength": -12.73771, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.856292, "energy": 57.859522, "activity_lines": [ 29.448, 31.265636, 31.680857, 32.29972 ] }, { "date": "2025-05-02", "close": 30.030001, "volume": 7707194, "typical_volume": 14400233.4, "trend": 33.092667, "fair_value": 92.89065, "relative_strength": -7.625223, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.217086, "energy": 55.130652, "activity_lines": [ 29.336667, 30.769455, 31.524238, 32.089333 ] }, { "date": "2025-05-09", "close": 30.27, "volume": 8700960, "typical_volume": 14156244.8, "trend": 32.951667, "fair_value": 91.781914, "relative_strength": -8.129095, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.830233, "energy": 50.055205, "activity_lines": [ 29.494667, 30.463637, 31.418667, 31.907226 ] }, { "date": "2025-05-16", "close": 30.23, "volume": 8444348, "typical_volume": 14079076.65, "trend": 32.794333, "fair_value": 90.731033, "relative_strength": -8.524142, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.363502, "energy": 31.4799, "activity_lines": [ 29.840667, 30.222, 31.325524, 31.731634 ] }, { "date": "2025-05-23", "close": 30.9, "volume": 11881263, "typical_volume": 14186767.65, "trend": 32.554, "fair_value": 89.690962, "relative_strength": -5.667721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.60261, "energy": 20.271518, "activity_lines": [ 30.328, 30.186727, 31.303857, 31.609419 ] }, { "date": "2025-05-30", "close": 33.130001, "volume": 22162236, "typical_volume": 14819991.4, "trend": 32.518333, "fair_value": 88.778752, "relative_strength": 1.322318, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.429929, "energy": 12.469449, "activity_lines": [ 31.367334, 30.636909, 31.481714, 31.646581 ] }, { "date": "2025-06-06", "close": 33.700001, "volume": 19398798, "typical_volume": 15314021.6, "trend": 32.332, "fair_value": 87.706459, "relative_strength": 1.872877, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.307023, "energy": 15.035941, "activity_lines": [ 32.296667, 31.193637, 31.683762, 31.722817 ] }, { "date": "2025-06-13", "close": 34.169998, "volume": 23970843, "typical_volume": 16020324.0, "trend": 32.237, "fair_value": 86.693345, "relative_strength": 3.482556, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.921087, "energy": 24.389994, "activity_lines": [ 33.138, 31.820727, 31.904619, 31.841398 ] }, { "date": "2025-06-20", "close": 32.650002, "volume": 18459405, "typical_volume": 16866782.8, "trend": 32.138667, "fair_value": 85.742958, "relative_strength": -0.634018, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.923585, "energy": 25.626797, "activity_lines": [ 33.212667, 32.155455, 31.951334, 31.868043 ] }, { "date": "2025-06-27", "close": 34.900002, "volume": 15600750, "typical_volume": 17205267.95, "trend": 32.056667, "fair_value": 84.884163, "relative_strength": 3.929246, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.626454, "energy": 41.960422, "activity_lines": [ 33.876001, 32.83291, 32.187762, 32.046194 ] }, { "date": "2025-07-04", "close": 38.82, "volume": 21824052, "typical_volume": 17070768.75, "trend": 32.076334, "fair_value": 83.883302, "relative_strength": 13.402266, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 81.229819, "energy": 71.074885, "activity_lines": [ 35.579334, 34.098182, 32.776239, 32.482538 ] }, { "date": "2025-07-11", "close": 53.93, "volume": 71232677, "typical_volume": 18955835.4, "trend": 32.675667, "fair_value": 82.985274, "relative_strength": 54.156842, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.571983, "energy": 94.899677, "activity_lines": [ 41.940001, 37.925455, 34.786762, 33.892452 ] }, { "date": "2025-07-18", "close": 59.799999, "volume": 59174505, "typical_volume": 20702906.1, "trend": 33.546333, "fair_value": 81.941231, "relative_strength": 67.440244, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.678282, "energy": 98.238616, "activity_lines": [ 48.908667, 42.385455, 37.280953, 35.642409 ] }, { "date": "2025-07-25", "close": 64.800003, "volume": 58125445, "typical_volume": 22725095.1, "trend": 34.645, "fair_value": 80.833473, "relative_strength": 75.714822, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.880924, "energy": 97.587526, "activity_lines": [ 55.835334, 47.217637, 40.129429, 37.658775 ] }, { "date": "2025-08-01", "close": 61.599998, "volume": 48307440, "typical_volume": 24181382.05, "trend": 35.758333, "fair_value": 79.376905, "relative_strength": 66.636637, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.585058, "energy": 91.960062, "activity_lines": [ 59.552, 50.839455, 42.530667, 39.397807 ] }, { "date": "2025-08-08", "close": 57.939999, "volume": 29845343, "typical_volume": 24653914.9, "trend": 36.796, "fair_value": 78.048506, "relative_strength": 51.961543, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.310953, "energy": 87.424134, "activity_lines": [ 60.268666, 53.237636, 44.458095, 40.828882 ] }, { "date": "2025-08-15", "close": 65.68, "volume": 41857417, "typical_volume": 26058529.85, "trend": 38.043667, "fair_value": 76.849892, "relative_strength": 66.974754, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.875113, "energy": 71.447746, "activity_lines": [ 62.290666, 56.592, 47.005286, 42.692366 ] }, { "date": "2025-08-22", "close": 62.099998, "volume": 36769411, "typical_volume": 27194926.9, "trend": 39.180333, "fair_value": 75.743295, "relative_strength": 50.433043, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.434072, "energy": 64.509186, "activity_lines": [ 62.335999, 58.714, 49.055286, 44.244387 ] }, { "date": "2025-08-29", "close": 64.209999, "volume": 45279439, "typical_volume": 28414267.75, "trend": 40.404333, "fair_value": 74.461063, "relative_strength": 52.164975, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.792748, "energy": 60.90187, "activity_lines": [ 62.931332, 60.711818, 51.169047, 45.859204 ] }, { "date": "2025-09-05", "close": 67.400002, "volume": 51883066, "typical_volume": 30578798.8, "trend": 41.636667, "fair_value": 73.175337, "relative_strength": 59.12812, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.257742, "energy": 60.837449, "activity_lines": [ 64.629333, 62.715818, 53.418952, 47.60086 ] }, { "date": "2025-09-12", "close": 78.650002, "volume": 63434943, "typical_volume": 33202976.75, "trend": 43.083334, "fair_value": 72.12795, "relative_strength": 79.348219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.760792, "energy": 65.903313, "activity_lines": [ 69.690667, 66.174364, 56.55281, 49.988817 ] }, { "date": "2025-09-19", "close": 72.599998, "volume": 42945309, "typical_volume": 34964882.5, "trend": 44.233334, "fair_value": 71.111873, "relative_strength": 64.900789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.968232, "energy": 59.410772, "activity_lines": [ 71.354667, 67.808727, 58.872286, 51.893118 ] }, { "date": "2025-09-26", "close": 65.690002, "volume": 26931505, "typical_volume": 35876409.75, "trend": 45.283, "fair_value": 70.220141, "relative_strength": 47.065061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.141085, "energy": 52.626501, "activity_lines": [ 70.254001, 67.847273, 60.330953, 53.27742 ] }, { "date": "2025-10-03", "close": 69.440002, "volume": 10016076, "typical_volume": 35954996.15, "trend": 46.435, "fair_value": 69.432481, "relative_strength": 51.498636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.797178, "energy": 49.090697, "activity_lines": [ 70.164001, 68.460546, 61.978096, 54.835936 ] }, { "date": "2025-10-10", "close": 63.310001, "volume": 9221301, "typical_volume": 35821998.05, "trend": 47.368667, "fair_value": 68.762081, "relative_strength": 36.392221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.032801, "energy": 34.816615, "activity_lines": [ 67.682001, 67.87491, 62.854715, 55.924646 ] }, { "date": "2025-10-17", "close": 60.810001, "volume": 21698912, "typical_volume": 35798831.85, "trend": 48.286, "fair_value": 68.141553, "relative_strength": 31.87005, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.25477, "energy": 24.193107, "activity_lines": [ 64.639334, 66.803637, 63.338905, 56.791828 ] }, { "date": "2025-10-24", "close": 63.48, "volume": 20132075, "typical_volume": 35835495.7, "trend": 49.306334, "fair_value": 67.529247, "relative_strength": 32.845878, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.708983, "energy": 20.96515, "activity_lines": [ 63.676001, 66.165637, 63.945572, 57.772086 ] }, { "date": "2025-10-31", "close": 70.400002, "volume": 31222294, "typical_volume": 36198068.25, "trend": 50.543334, "fair_value": 66.936765, "relative_strength": 45.46123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.643656, "energy": 24.570279, "activity_lines": [ 65.627334, 66.825819, 65.069477, 59.132968 ] }, { "date": "2025-11-07", "close": 63.880001, "volume": 16617155, "typical_volume": 36105955.75, "trend": 51.706, "fair_value": 66.352151, "relative_strength": 29.640611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.781852, "energy": 20.08606, "activity_lines": [ 65.091334, 66.149637, 65.399905, 59.993398 ] }, { "date": "2025-11-14", "close": 66.449997, "volume": 17359607, "typical_volume": 36193898.6, "trend": 52.986667, "fair_value": 65.754141, "relative_strength": 33.937873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.647857, "energy": 24.267412, "activity_lines": [ 65.782666, 65.946728, 65.826381, 60.944624 ] }, { "date": "2025-11-21", "close": 55.799999, "volume": 16647011, "typical_volume": 35935046.55, "trend": 53.892334, "fair_value": 64.980877, "relative_strength": 16.377238, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.785025, "energy": 7.266614, "activity_lines": [ 62.714666, 63.824727, 65.088334, 61.126129 ] }, { "date": "2025-11-28", "close": 57.299999, "volume": 10813062, "typical_volume": 32914065.8, "trend": 54.801334, "fair_value": 64.183938, "relative_strength": 17.223368, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.662366, "energy": 12.095884, "activity_lines": [ 60.480666, 62.390909, 64.412286, 61.345979 ] }, { "date": "2025-12-05", "close": 53.240002, "volume": 14238162, "typical_volume": 30667248.65, "trend": 55.567, "fair_value": 63.332699, "relative_strength": 8.122097, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.441834, "energy": 23.662831, "activity_lines": [ 57.305333, 60.497091, 63.333524, 61.245248 ] }, { "date": "2025-12-12", "close": 59.889999, "volume": 21088317, "typical_volume": 28815392.25, "trend": 56.555667, "fair_value": 62.693914, "relative_strength": 21.161798, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.950981, "energy": 27.617165, "activity_lines": [ 57.490666, 60.038727, 62.919333, 61.524151 ] }, { "date": "2025-12-19", "close": 56.77, "volume": 12827397, "typical_volume": 27041390.1, "trend": 57.418, "fair_value": 62.083971, "relative_strength": 14.024926, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.134936, "energy": 38.222025, "activity_lines": [ 56.902, 59.186727, 62.231381, 61.537979 ] }, { "date": "2025-12-26", "close": 57.59, "volume": 10358432, "typical_volume": 26067044.55, "trend": 58.233334, "fair_value": 61.494652, "relative_strength": 12.660396, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.250173, "energy": 32.242412, "activity_lines": [ 57.232, 58.602727, 61.644524, 61.549075 ] }, { "date": "2026-01-02", "close": 56.400002, "volume": 7409568, "typical_volume": 24344652.1, "trend": 58.99, "fair_value": 60.950923, "relative_strength": 9.304032, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.925264, "energy": 22.475565, "activity_lines": [ 57.046001, 57.860909, 60.946, 61.430796 ] }, { "date": "2026-01-09", "close": 71.0, "volume": 26565128, "typical_volume": 23834437.95, "trend": 60.217667, "fair_value": 60.551814, "relative_strength": 30.839666, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 19.6806, "energy": 13.80937, "activity_lines": [ 61.786667, 59.902364, 61.682143, 62.205635 ] }, { "date": "2026-01-16", "close": 69.0, "volume": 33189725, "typical_volume": 23229952.25, "trend": 61.429334, "fair_value": 60.018718, "relative_strength": 26.23352, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.661271, "energy": 28.596856, "activity_lines": [ 64.676667, 61.569273, 62.185429, 62.772237 ] }, { "date": "2026-01-23", "close": 65.660004, "volume": 19910623, "typical_volume": 21631330.1, "trend": 62.454667, "fair_value": 59.399454, "relative_strength": 17.892139, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.180908, "energy": 24.599299, "activity_lines": [ 65.846002, 62.535819, 62.34781, 63.045183 ] }, { "date": "2026-01-30", "close": 59.299999, "volume": 22800097, "typical_volume": 19599587.8, "trend": 63.137334, "fair_value": 58.787624, "relative_strength": 6.043646, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.220744, "energy": 16.38645, "activity_lines": [ 64.302668, 62.360364, 61.912762, 62.841656 ] }, { "date": "2026-02-06", "close": 70.0, "volume": 26252333, "typical_volume": 18764939.0, "trend": 63.673, "fair_value": 58.177803, "relative_strength": 25.368791, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.654265, "energy": 28.052919, "activity_lines": [ 66.212001, 64.066728, 62.588905, 63.284409 ] }, { "date": "2026-02-13", "close": 66.449997, "volume": 17993710, "typical_volume": 18318049.25, "trend": 63.894667, "fair_value": 57.65399, "relative_strength": 17.583999, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.538697, "energy": 14.519001, "activity_lines": [ 66.031333, 64.896727, 62.939333, 63.46357 ] }, { "date": "2026-02-27", "close": 70.199997, "volume": 11820214, "typical_volume": 18408256.15, "trend": 64.074667, "fair_value": 57.167667, "relative_strength": 20.87012, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.708076, "energy": 22.314392, "activity_lines": [ 67.403998, 66.168363, 63.643285, 63.870366 ] }, { "date": "2026-03-06", "close": 67.720001, "volume": 13245147, "typical_volume": 18609448.45, "trend": 64.278667, "fair_value": 56.737637, "relative_strength": 16.709027, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.116029, "energy": 31.223078, "activity_lines": [ 67.869999, 66.801636, 64.107428, 64.105548 ] }, { "date": "2026-03-13", "close": 64.839996, "volume": 20084831, "typical_volume": 18528744.4, "trend": 64.508667, "fair_value": 56.252115, "relative_strength": 11.691829, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.814344, "energy": 17.055738, "activity_lines": [ 67.238665, 66.712181, 64.276285, 64.141763 ] }, { "date": "2026-03-20", "close": 55.23, "volume": 18801807, "typical_volume": 18462231.0, "trend": 64.160333, "fair_value": 55.758848, "relative_strength": -2.017865, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.789851, "energy": 13.749726, "activity_lines": [ 63.034665, 64.743635, 63.510714, 63.54314 ] }, { "date": "2026-03-27", "close": 60.299999, "volume": 17510119, "typical_volume": 17776622.25, "trend": 64.100333, "fair_value": 55.369678, "relative_strength": 7.361856, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.051764, "energy": 23.341491, "activity_lines": [ 61.505332, 63.718181, 63.267285, 63.294086 ] }, { "date": "2026-04-03", "close": 63.919998, "volume": 23948357, "typical_volume": 18143182.35, "trend": 64.090667, "fair_value": 55.060444, "relative_strength": 13.777149, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.079522, "energy": 19.462752, "activity_lines": [ 61.592665, 63.545453, 63.416714, 63.282451 ] }, { "date": "2026-04-10", "close": 67.370003, "volume": 16115407, "typical_volume": 18080972.35, "trend": 64.089667, "fair_value": 54.747741, "relative_strength": 15.659424, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.60635, "energy": 9.203018, "activity_lines": [ 63.248667, 64.092363, 63.894523, 63.494021 ] }, { "date": "2026-04-17", "close": 69.449997, "volume": 23506735, "typical_volume": 18423958.55, "trend": 63.783, "fair_value": 54.481343, "relative_strength": 16.061089, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.219787, "energy": 23.955825, "activity_lines": [ 65.621333, 64.986363, 64.566047, 63.839849 ] }, { "date": "2026-04-24", "close": 69.300003, "volume": 16617204, "typical_volume": 18714165.65, "trend": 63.673, "fair_value": 54.181012, "relative_strength": 13.753373, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.645753, "energy": 38.493988, "activity_lines": [ 67.636667, 65.668545, 65.158285, 64.195785 ] }, { "date": "2026-05-01", "close": 63.259998, "volume": 24182933, "typical_volume": 19211404.2, "trend": 63.592, "fair_value": 53.704424, "relative_strength": 2.143622, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.836403, "energy": 28.987028, "activity_lines": [ 66.700666, 65.265272, 65.118142, 64.169139 ] }, { "date": "2026-05-08", "close": 61.259998, "volume": 12854598, "typical_volume": 18799718.25, "trend": 63.319333, "fair_value": 53.312972, "relative_strength": -3.368294, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 23.868544, "energy": 13.248744, "activity_lines": [ 64.900666, 64.556363, 64.839809, 64.018688 ] }, { "date": "2026-05-15", "close": 65.970001, "volume": 29748026, "typical_volume": 19645749.7, "trend": 63.408, "fair_value": 53.05181, "relative_strength": 4.271046, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.231265, "energy": 9.508277, "activity_lines": [ 64.848, 64.866363, 65.003523, 64.189699 ] }, { "date": "2026-05-22", "close": 64.25, "volume": 30639886, "typical_volume": 20659822.4, "trend": 63.522666, "fair_value": 52.80101, "relative_strength": 1.262009, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 17.435702, "energy": 10.858136, "activity_lines": [ 64.315333, 64.895454, 64.959619, 64.244021 ] }, { "date": "2026-05-29", "close": 59.639999, "volume": 18651783, "typical_volume": 21221933.15, "trend": 63.394666, "fair_value": 52.553904, "relative_strength": -5.618386, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.662248, "energy": 12.834088, "activity_lines": [ 62.592666, 64.097091, 64.444952, 63.993526 ] }, { "date": "2026-06-05", "close": 54.75, "volume": 3579823, "typical_volume": 20072667.9, "trend": 62.873, "fair_value": 52.266879, "relative_strength": -12.877268, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -27.616083, "energy": 34.666257, "activity_lines": [ 59.884, 62.329454, 63.449142, 63.435806 ] }, { "date": "2026-06-12", "close": 53.369999, "volume": 3889386, "typical_volume": 18607650.95, "trend": 62.522666, "fair_value": 51.98218, "relative_strength": -15.494809, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -39.604449, "energy": 51.96971, "activity_lines": [ 57.282666, 60.411818, 62.399285, 62.822709 ] }, { "date": "2026-06-19", "close": 56.990002, "volume": 17192041, "typical_volume": 18471721.85, "trend": 62.207333, "fair_value": 51.728269, "relative_strength": -11.478251, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.258692, "energy": 51.646557, "activity_lines": [ 56.414, 59.344182, 61.768619, 62.465763 ] }, { "date": "2026-06-26", "close": 70.57, "volume": 8252799, "typical_volume": 17744356.95, "trend": 62.699666, "fair_value": 51.604039, "relative_strength": 10.284193, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -0.105535, "energy": 12.805629, "activity_lines": [ 60.670667, 60.934364, 62.472571, 63.00529 ] }, { "date": "2026-07-03", "close": 78.5, "volume": 8821487, "typical_volume": 16872814.65, "trend": 63.406333, "fair_value": 51.508718, "relative_strength": 20.831482, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.763611, "energy": 32.634065, "activity_lines": [ 67.149334, 63.946, 63.878095, 64.024666 ] }, { "date": "2026-07-10", "close": 87.0, "volume": 40921997, "typical_volume": 18019229.0, "trend": 64.531666, "fair_value": 51.527564, "relative_strength": 33.80996, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.616802, "energy": 70.9658, "activity_lines": [ 75.204, 68.335818, 66.052667, 65.546838 ] }, { "date": "2026-07-17", "close": 72.690002, "volume": 61963715, "typical_volume": 20526404.05, "trend": 64.958333, "fair_value": 51.447051, "relative_strength": 18.140273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.227776, "energy": 57.923623, "activity_lines": [ 76.338667, 69.692182, 66.766524, 66.073183 ] }, { "date": "2026-07-24", "close": 82.449997, "volume": 48377455, "typical_volume": 22283019.45, "trend": 65.814333, "fair_value": 51.426282, "relative_strength": 31.517826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.482774, "energy": 71.674524, "activity_lines": [ 79.438666, 72.615273, 68.398047, 67.201677 ] }, { "date": "2026-07-31", "close": 73.220001, "volume": 33984838, "typical_volume": 22978019.8, "trend": 66.335333, "fair_value": 51.317949, "relative_strength": 16.098375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.348058, "energy": 59.177944, "activity_lines": [ 77.764667, 73.560546, 69.080381, 67.679462 ] }, { "date": "2026-08-07", "close": 95.099998, "volume": 44567318, "typical_volume": 24266295.35, "trend": 67.625333, "fair_value": 51.382692, "relative_strength": 45.504939, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.965564, "energy": 49.833148, "activity_lines": [ 83.207333, 78.320909, 71.806619, 69.535247 ] } ], "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." } } }