{ "ticker": { "uuid": "6ce5d977-837e-4f2d-b55a-13f30f7d77ef", "symbol": "002865", "name": "Hainan Drinda New Energy Technology Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -67.564, "architecture_energy": 85.716, "architecture_maturity": 28.0, "architecture_confidence": 86.661, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.67, "rotation_up": 9.51, "upward_expansion": 21.44, "deceleration": 37.25, "rotation_down": 78.6, "downward_expansion": 97.1 }, "activity_lines": [ 43.438667, 48.924364, 61.014953, 67.390495 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 45.5, "trend_reference": 75.236, "distance_from_trend": -0.395236, "trend_direction": "Improving", "fair_value": 60.344759, "distance_from_fair_value": -0.245999, "fair_value_direction": "Weakening", "relative_strength": -27.939725, "relative_strength_direction": "Weakening", "price_momentum": -0.548701, "excess_performance": -0.5561, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.395236, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.045143, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.245999, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.73141, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.279397, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.709652, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.548701, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.744327, "read": "Supply-led" } ], "volume": { "latest": 46094400, "relative_activity": 0.733499, "balance": 0.744327, "dry_up": 0.814027, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.221758, "annualized_volatility": 0.741328, "from_high_reference": -0.610045, "from_low_reference": 0.26847 }, "levels": { "trend_reference": 75.236, "fair_value_reference": 60.344759, "structural_low": 37.27, "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": 22, "median_return": 0.008299, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": -0.022394, "regime_survival": 0.863636, "best_return": 0.368059, "worst_return": -0.249742, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.0638, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.08327, "regime_survival": 0.666667, "best_return": 0.202845, "worst_return": -0.407695, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.262804, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.200758, "regime_survival": 0.4, "best_return": 0.281781, "worst_return": -0.327446, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.193063, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.238601, "regime_survival": 0.333333, "best_return": 1.031486, "worst_return": -0.402636, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2024-12-20", "tenure": "Developing", "return": -0.135041, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-04-04", "tenure": "Established", "return": -0.146127, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": -0.01837, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-25", "tenure": "Established", "return": 0.155416, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-09-05", "tenure": "Developing", "return": 0.106501, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.084768, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-12-05", "tenure": "Developing", "return": -0.135517, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": 0.191421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-13", "tenure": "Developing", "return": 0.510662, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.138728, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.250489, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": -0.005294, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": -0.02083, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.095857, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 107.46727, "volume": 34339671, "typical_volume": 38763998.8, "trend": 116.616745, "fair_value": 59.421917, "relative_strength": -10.442644, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -13.777131, "energy": 21.237855, "activity_lines": [ 115.746217, 124.147982, 117.807222, 115.88019 ] }, { "date": "2023-08-04", "close": 109.044334, "volume": 36918765, "typical_volume": 39248179.95, "trend": 115.929289, "fair_value": 60.054011, "relative_strength": -10.709916, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -13.45871, "energy": 25.179514, "activity_lines": [ 111.13198, 120.956033, 117.539035, 115.391648 ] }, { "date": "2023-08-11", "close": 101.237854, "volume": 27181173, "typical_volume": 39202292.45, "trend": 114.709111, "fair_value": 60.639737, "relative_strength": -13.811604, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.684728, "energy": 30.289046, "activity_lines": [ 106.66888, 116.648131, 116.505157, 114.443813 ] }, { "date": "2023-08-18", "close": 93.283524, "volume": 27744065, "typical_volume": 39395779.2, "trend": 113.218652, "fair_value": 61.17089, "relative_strength": -17.933114, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.060423, "energy": 46.802597, "activity_lines": [ 101.43236, 111.132159, 114.720876, 113.061517 ] }, { "date": "2023-08-25", "close": 98.270996, "volume": 38492231, "typical_volume": 40380706.75, "trend": 112.057664, "fair_value": 61.728372, "relative_strength": -10.702828, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.626658, "energy": 49.25529, "activity_lines": [ 99.583905, 107.115118, 113.452785, 112.097152 ] }, { "date": "2023-09-01", "close": 99.25666, "volume": 53882681, "typical_volume": 41819171.3, "trend": 111.256447, "fair_value": 62.291858, "relative_strength": -12.663476, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.890167, "energy": 46.641877, "activity_lines": [ 98.71586, 104.0436, 112.286102, 111.271281 ] }, { "date": "2023-09-08", "close": 86.728836, "volume": 58396937, "typical_volume": 42936715.95, "trend": 110.177974, "fair_value": 62.770515, "relative_strength": -22.20138, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.210214, "energy": 65.39259, "activity_lines": [ 94.219247, 99.530141, 109.891307, 109.688855 ] }, { "date": "2023-09-15", "close": 89.262001, "volume": 29194468, "typical_volume": 42342216.6, "trend": 109.403906, "fair_value": 63.265589, "relative_strength": -18.625336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.880265, "energy": 65.230428, "activity_lines": [ 92.054723, 96.633893, 107.751846, 108.339437 ] }, { "date": "2023-09-22", "close": 84.491379, "volume": 24308679, "typical_volume": 42883699.95, "trend": 108.037657, "fair_value": 63.728604, "relative_strength": -22.738843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.970189, "energy": 69.297472, "activity_lines": [ 89.098382, 93.600191, 105.201785, 106.732177 ] }, { "date": "2023-09-29", "close": 94.397324, "volume": 49012535, "typical_volume": 44124362.15, "trend": 107.027526, "fair_value": 64.261164, "relative_strength": -12.767427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.82991, "energy": 62.517193, "activity_lines": [ 90.030165, 92.998037, 103.63556, 105.852156 ] }, { "date": "2023-10-13", "close": 84.856064, "volume": 41388423, "typical_volume": 43476964.6, "trend": 105.934497, "fair_value": 64.729697, "relative_strength": -20.682936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.282474, "energy": 65.165292, "activity_lines": [ 88.039773, 90.909318, 101.125911, 104.421739 ] }, { "date": "2023-10-20", "close": 92.159866, "volume": 58330476, "typical_volume": 42264637.2, "trend": 105.527196, "fair_value": 65.252841, "relative_strength": -8.947428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.943694, "energy": 47.680793, "activity_lines": [ 89.444021, 90.559676, 99.394329, 103.533053 ] }, { "date": "2023-10-27", "close": 87.606079, "volume": 44831277, "typical_volume": 41156740.25, "trend": 105.022743, "fair_value": 65.74769, "relative_strength": -14.706099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.027356, "energy": 42.31588, "activity_lines": [ 88.968272, 89.689063, 97.388919, 102.376852 ] }, { "date": "2023-11-03", "close": 83.959114, "volume": 36808014, "typical_volume": 40258878.4, "trend": 104.423579, "fair_value": 66.215623, "relative_strength": -18.408374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.877873, "energy": 47.554464, "activity_lines": [ 87.387262, 88.403216, 95.163471, 101.017908 ] }, { "date": "2023-11-10", "close": 93.894638, "volume": 65699183, "typical_volume": 41081476.3, "trend": 104.224951, "fair_value": 66.739498, "relative_strength": -9.206192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.152951, "energy": 32.710128, "activity_lines": [ 89.153579, 89.093363, 94.083743, 100.338621 ] }, { "date": "2023-11-17", "close": 92.731552, "volume": 47580532, "typical_volume": 41984121.35, "trend": 104.252353, "fair_value": 67.253543, "relative_strength": -9.376614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.999384, "energy": 29.761698, "activity_lines": [ 90.565712, 89.651609, 93.114786, 99.597112 ] }, { "date": "2023-11-24", "close": 86.571136, "volume": 28705336, "typical_volume": 41556714.9, "trend": 104.14853, "fair_value": 67.739116, "relative_strength": -13.143665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.373093, "energy": 30.972851, "activity_lines": [ 89.399341, 89.208419, 91.809106, 98.456388 ] }, { "date": "2023-12-01", "close": 84.0084, "volume": 23564283, "typical_volume": 40707912.3, "trend": 103.667196, "fair_value": 68.191735, "relative_strength": -13.888925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.670472, "energy": 35.70434, "activity_lines": [ 87.751306, 88.302143, 90.563036, 97.157025 ] }, { "date": "2023-12-08", "close": 82.865021, "volume": 32738017, "typical_volume": 39907450.05, "trend": 103.330098, "fair_value": 68.642847, "relative_strength": -12.801183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.135515, "energy": 41.400483, "activity_lines": [ 85.96199, 87.2835, 89.424262, 95.814949 ] }, { "date": "2023-12-15", "close": 70.327339, "volume": 42609189, "typical_volume": 40086296.75, "trend": 102.770896, "fair_value": 69.015112, "relative_strength": -23.842541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.288686, "energy": 76.576533, "activity_lines": [ 80.066387, 84.014849, 87.26429, 93.685739 ] }, { "date": "2023-12-22", "close": 69.213539, "volume": 55211169, "typical_volume": 41129871.65, "trend": 101.672206, "fair_value": 69.375803, "relative_strength": -23.032297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.750311, "energy": 83.069442, "activity_lines": [ 75.37067, 80.981326, 85.177868, 91.520748 ] }, { "date": "2023-12-29", "close": 76.369484, "volume": 70742502, "typical_volume": 42821058.5, "trend": 100.026799, "fair_value": 69.777574, "relative_strength": -17.293343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.511376, "energy": 74.563103, "activity_lines": [ 74.628136, 79.533292, 83.955125, 89.888314 ] }, { "date": "2024-01-05", "close": 71.115875, "volume": 51675091, "typical_volume": 44045754.4, "trend": 98.586083, "fair_value": 70.144146, "relative_strength": -19.081213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.611699, "energy": 77.386362, "activity_lines": [ 72.814508, 77.417155, 82.387633, 88.023093 ] }, { "date": "2024-01-12", "close": 76.369484, "volume": 79786008, "typical_volume": 46647851.55, "trend": 96.936734, "fair_value": 70.548738, "relative_strength": -11.362289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.627641, "energy": 51.466227, "activity_lines": [ 73.611586, 76.556041, 81.463923, 86.589764 ] }, { "date": "2024-01-19", "close": 74.092583, "volume": 66823976, "typical_volume": 48064438.8, "trend": 94.725882, "fair_value": 70.94196, "relative_strength": -11.299314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.935252, "energy": 44.593287, "activity_lines": [ 74.082732, 75.418938, 80.403908, 85.115948 ] }, { "date": "2024-01-26", "close": 69.016396, "volume": 83037138, "typical_volume": 49522161.65, "trend": 92.18549, "fair_value": 71.304119, "relative_strength": -16.464603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.340867, "energy": 49.541744, "activity_lines": [ 72.6108, 73.71893, 78.975582, 83.457272 ] }, { "date": "2024-02-02", "close": 54.714375, "volume": 54561167, "typical_volume": 49330373.15, "trend": 88.997843, "fair_value": 71.570927, "relative_strength": -27.326901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.998427, "energy": 60.850811, "activity_lines": [ 66.38467, 69.849739, 76.32916, 81.03978 ] }, { "date": "2024-02-09", "close": 57.296822, "volume": 45250854, "typical_volume": 50133192.45, "trend": 86.59413, "fair_value": 71.853124, "relative_strength": -29.957771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.570874, "energy": 79.461642, "activity_lines": [ 62.46303, 67.029298, 74.081135, 78.994553 ] }, { "date": "2024-02-23", "close": 64.630188, "volume": 59834927, "typical_volume": 51909504.85, "trend": 84.776232, "fair_value": 72.184569, "relative_strength": -22.709277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.018378, "energy": 74.408557, "activity_lines": [ 61.907115, 66.027861, 72.683741, 77.577525 ] }, { "date": "2024-03-01", "close": 68.257439, "volume": 51765482, "typical_volume": 52047152.2, "trend": 83.449852, "fair_value": 72.543252, "relative_strength": -21.143057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.559358, "energy": 62.082742, "activity_lines": [ 63.342904, 66.017466, 71.726377, 76.511796 ] }, { "date": "2024-03-08", "close": 78.79422, "volume": 55005723, "typical_volume": 52728017.2, "trend": 82.494084, "fair_value": 72.965672, "relative_strength": -7.900218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.581779, "energy": 26.804925, "activity_lines": [ 68.679963, 67.960485, 71.896992, 76.211433 ] }, { "date": "2024-03-15", "close": 73.343483, "volume": 52245575, "typical_volume": 52423772.15, "trend": 81.304056, "fair_value": 73.35127, "relative_strength": -15.932786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.400942, "energy": 21.026964, "activity_lines": [ 71.548254, 68.738266, 71.577354, 75.621071 ] }, { "date": "2024-03-22", "close": 70.278061, "volume": 33414148, "typical_volume": 51852915.7, "trend": 80.272063, "fair_value": 73.716591, "relative_strength": -18.542508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.062796, "energy": 21.95196, "activity_lines": [ 72.152798, 69.013716, 71.055373, 74.909717 ] }, { "date": "2024-03-29", "close": 64.797745, "volume": 30347581, "typical_volume": 51529894.05, "trend": 79.322537, "fair_value": 74.044587, "relative_strength": -23.191833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.441418, "energy": 21.986558, "activity_lines": [ 70.065153, 68.307978, 70.093972, 73.911374 ] }, { "date": "2024-04-05", "close": 61.968884, "volume": 18617230, "typical_volume": 49175796.4, "trend": 78.112466, "fair_value": 74.351673, "relative_strength": -27.288255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.436213, "energy": 33.014023, "activity_lines": [ 67.023385, 67.298296, 68.9544, 72.791783 ] }, { "date": "2024-04-12", "close": 56.183018, "volume": 26686157, "typical_volume": 48131077.65, "trend": 76.676678, "fair_value": 74.626507, "relative_strength": -31.431288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.923451, "energy": 58.916755, "activity_lines": [ 62.472231, 65.45707, 67.415821, 71.37698 ] }, { "date": "2024-04-19", "close": 51.481388, "volume": 34900915, "typical_volume": 48440856.6, "trend": 75.501763, "fair_value": 74.872859, "relative_strength": -37.135626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.291477, "energy": 76.665533, "activity_lines": [ 57.861281, 62.994336, 65.603508, 69.751478 ] }, { "date": "2024-04-26", "close": 52.169998, "volume": 36829094, "typical_volume": 49104097.15, "trend": 74.265363, "fair_value": 75.12143, "relative_strength": -37.224976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.941157, "energy": 78.758182, "activity_lines": [ 54.937341, 60.715586, 64.023871, 68.246202 ] }, { "date": "2024-05-03", "close": 51.48, "volume": 22216030, "typical_volume": 48577997.8, "trend": 73.164984, "fair_value": 75.369117, "relative_strength": -38.519735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.907186, "energy": 80.168371, "activity_lines": [ 52.990605, 58.404597, 62.530131, 66.776179 ] }, { "date": "2024-05-10", "close": 56.18, "volume": 58431628, "typical_volume": 49369119.75, "trend": 71.891073, "fair_value": 75.646126, "relative_strength": -33.474229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.727268, "energy": 73.951993, "activity_lines": [ 53.498386, 57.187247, 61.633463, 65.680374 ] }, { "date": "2024-05-17", "close": 52.349998, "volume": 40030168, "typical_volume": 48610069.7, "trend": 70.807538, "fair_value": 75.898718, "relative_strength": -37.465006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.121283, "energy": 60.979177, "activity_lines": [ 53.115425, 55.493123, 60.439401, 64.419659 ] }, { "date": "2024-05-24", "close": 54.549999, "volume": 67436948, "typical_volume": 48444792.0, "trend": 69.553875, "fair_value": 76.160441, "relative_strength": -32.54764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.595921, "energy": 47.990826, "activity_lines": [ 53.721332, 54.679803, 59.535165, 63.370786 ] }, { "date": "2024-05-31", "close": 51.91, "volume": 74732541, "typical_volume": 49597664.5, "trend": 68.364006, "fair_value": 76.408555, "relative_strength": -34.863875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.772634, "energy": 46.077091, "activity_lines": [ 53.242666, 53.728183, 58.483404, 62.232471 ] }, { "date": "2024-06-07", "close": 46.369999, "volume": 46781382, "typical_volume": 47947433.2, "trend": 67.111035, "fair_value": 76.622142, "relative_strength": -40.252501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.407452, "energy": 55.747669, "activity_lines": [ 50.934666, 52.103255, 56.995479, 60.813503 ] }, { "date": "2024-06-14", "close": 48.389999, "volume": 27054100, "typical_volume": 45958939.4, "trend": 65.594214, "fair_value": 76.847827, "relative_strength": -36.878767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.007283, "energy": 58.687202, "activity_lines": [ 49.640666, 51.18065, 55.842791, 59.605694 ] }, { "date": "2024-06-21", "close": 43.560001, "volume": 29913045, "typical_volume": 43302734.75, "trend": 63.955162, "fair_value": 77.042326, "relative_strength": -41.066927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.330858, "energy": 79.977925, "activity_lines": [ 47.256, 49.626752, 54.352495, 58.184132 ] }, { "date": "2024-06-28", "close": 38.380001, "volume": 35904576, "typical_volume": 42369905.2, "trend": 62.348791, "fair_value": 77.206309, "relative_strength": -45.773109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.3383, "energy": 92.174881, "activity_lines": [ 43.730667, 47.360545, 52.490088, 56.534122 ] }, { "date": "2024-07-05", "close": 36.560001, "volume": 26675875, "typical_volume": 41441156.25, "trend": 60.767178, "fair_value": 77.358715, "relative_strength": -46.281693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.87945, "energy": 92.468297, "activity_lines": [ 40.676667, 45.001636, 50.53213, 54.870329 ] }, { "date": "2024-07-12", "close": 37.52, "volume": 40602057, "typical_volume": 40479512.75, "trend": 59.255677, "fair_value": 77.516691, "relative_strength": -44.578603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.457629, "energy": 89.630484, "activity_lines": [ 38.966001, 43.101091, 48.764347, 53.370511 ] }, { "date": "2024-07-19", "close": 37.380001, "volume": 30760321, "typical_volume": 39429254.7, "trend": 58.157433, "fair_value": 77.672961, "relative_strength": -44.007777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.223626, "energy": 88.034177, "activity_lines": [ 37.798667, 41.428909, 47.112327, 51.959177 ] }, { "date": "2024-07-26", "close": 36.810001, "volume": 35507856, "typical_volume": 38454361.35, "trend": 57.077315, "fair_value": 77.820997, "relative_strength": -41.934674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.710294, "energy": 82.664139, "activity_lines": [ 37.175334, 39.99491, 45.553056, 50.581923 ] }, { "date": "2024-08-02", "close": 36.939999, "volume": 28289330, "typical_volume": 37256549.1, "trend": 55.762999, "fair_value": 77.954733, "relative_strength": -40.552392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.687481, "energy": 65.797645, "activity_lines": [ 37.045334, 38.867091, 44.206091, 49.282741 ] }, { "date": "2024-08-09", "close": 43.040001, "volume": 94264233, "typical_volume": 40299053.35, "trend": 54.827136, "fair_value": 78.131299, "relative_strength": -28.55535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.106358, "energy": 56.039886, "activity_lines": [ 39.044667, 39.168546, 43.613429, 48.461903 ] }, { "date": "2024-08-16", "close": 40.16, "volume": 66945079, "typical_volume": 42128928.25, "trend": 53.620153, "fair_value": 78.269151, "relative_strength": -32.09575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.065204, "energy": 45.303868, "activity_lines": [ 39.652, 39.107637, 42.876186, 47.515636 ] }, { "date": "2024-08-23", "close": 35.889999, "volume": 30975523, "typical_volume": 42746842.9, "trend": 52.346734, "fair_value": 78.376937, "relative_strength": -37.221206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.543539, "energy": 48.271195, "activity_lines": [ 38.66, 38.383273, 41.849599, 46.371755 ] }, { "date": "2024-08-30", "close": 38.82, "volume": 65923599, "typical_volume": 44708715.0, "trend": 51.340187, "fair_value": 78.504762, "relative_strength": -32.659504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.025124, "energy": 37.802117, "activity_lines": [ 38.744, 38.418909, 41.226245, 45.499063 ] }, { "date": "2024-09-06", "close": 38.459999, "volume": 61231686, "typical_volume": 46025253.55, "trend": 50.798375, "fair_value": 78.629292, "relative_strength": -30.536046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.328548, "energy": 40.747683, "activity_lines": [ 38.574, 38.475273, 40.651286, 44.668083 ] }, { "date": "2024-09-13", "close": 36.84, "volume": 45145427, "typical_volume": 46441070.2, "trend": 50.116481, "fair_value": 78.75134, "relative_strength": -31.28975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.76188, "energy": 47.499806, "activity_lines": [ 37.762666, 38.235636, 39.984048, 43.767542 ] }, { "date": "2024-09-20", "close": 35.349998, "volume": 20573177, "typical_volume": 46358927.55, "trend": 49.140474, "fair_value": 78.852296, "relative_strength": -34.050322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.224259, "energy": 48.936276, "activity_lines": [ 36.867999, 37.719999, 39.247905, 42.814866 ] }, { "date": "2024-09-27", "close": 43.580002, "volume": 64254376, "typical_volume": 46650064.95, "trend": 48.317893, "fair_value": 78.984589, "relative_strength": -30.144758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.643913, "energy": 26.405718, "activity_lines": [ 39.037333, 38.740182, 39.372381, 42.456126 ] }, { "date": "2024-10-04", "close": 47.900002, "volume": 25342756, "typical_volume": 45915694.35, "trend": 47.288086, "fair_value": 79.154184, "relative_strength": -29.84855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.06021, "energy": 10.539168, "activity_lines": [ 42.134001, 40.433091, 39.968286, 42.429165 ] }, { "date": "2024-10-11", "close": 43.720001, "volume": 66945775, "typical_volume": 45891135.7, "trend": 46.300637, "fair_value": 79.304348, "relative_strength": -31.978351, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.43523, "energy": 17.766565, "activity_lines": [ 43.232001, 41.164364, 40.187286, 42.198966 ] }, { "date": "2024-10-18", "close": 43.700001, "volume": 48959518, "typical_volume": 44602484.55, "trend": 45.414701, "fair_value": 79.45425, "relative_strength": -33.111189, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.118482, "energy": 22.302094, "activity_lines": [ 43.972668, 41.768728, 40.455953, 42.031183 ] }, { "date": "2024-10-25", "close": 59.619999, "volume": 130397066, "typical_volume": 48783268.75, "trend": 45.24211, "fair_value": 79.706383, "relative_strength": -9.893101, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.941699, "energy": 60.622521, "activity_lines": [ 49.562667, 45.255637, 42.279905, 42.947654 ] }, { "date": "2024-11-01", "close": 80.400002, "volume": 125387231, "typical_volume": 53699925.3, "trend": 45.85648, "fair_value": 80.07524, "relative_strength": 23.911042, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 68.872187, "energy": 84.064815, "activity_lines": [ 60.461334, 52.16691, 46.01981, 45.215905 ] }, { "date": "2024-11-08", "close": 76.059998, "volume": 89171588, "typical_volume": 56662852.45, "trend": 46.519046, "fair_value": 80.430916, "relative_strength": 10.389248, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 88.375359, "energy": 94.986752, "activity_lines": [ 67.458667, 57.479818, 49.193953, 47.164519 ] }, { "date": "2024-11-15", "close": 60.5, "volume": 53420334, "typical_volume": 57538640.35, "trend": 46.819667, "fair_value": 80.678675, "relative_strength": -7.735314, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.231154, "energy": 85.390687, "activity_lines": [ 67.392, 59.286546, 50.731429, 48.066516 ] }, { "date": "2024-11-22", "close": 59.290001, "volume": 61358665, "typical_volume": 59272779.85, "trend": 47.057, "fair_value": 80.911763, "relative_strength": -5.820807, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.964292, "energy": 77.577848, "activity_lines": [ 65.803333, 60.472546, 52.048334, 48.871054 ] }, { "date": "2024-11-29", "close": 69.220001, "volume": 51810952, "typical_volume": 59833224.6, "trend": 47.648333, "fair_value": 81.196829, "relative_strength": 8.950455, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.445762, "energy": 56.600471, "activity_lines": [ 66.485334, 63.055819, 54.202715, 50.300925 ] }, { "date": "2024-12-06", "close": 65.849998, "volume": 43072776, "typical_volume": 60448847.35, "trend": 47.970667, "fair_value": 81.426299, "relative_strength": 2.759426, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.104572, "energy": 44.005142, "activity_lines": [ 65.404, 64.410545, 55.885191, 51.475226 ] }, { "date": "2024-12-13", "close": 58.919998, "volume": 53415792, "typical_volume": 61344244.15, "trend": 48.189667, "fair_value": 81.566395, "relative_strength": -6.421388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.91108, "energy": 33.613669, "activity_lines": [ 62.982666, 64.100363, 56.772095, 52.181634 ] }, { "date": "2024-12-20", "close": 52.330002, "volume": 46559346, "typical_volume": 62257744.95, "trend": 48.115667, "fair_value": 81.639145, "relative_strength": -15.657583, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.302966, "energy": 24.340035, "activity_lines": [ 59.507333, 62.391636, 56.926095, 52.448753 ] }, { "date": "2024-12-27", "close": 52.419998, "volume": 58563469, "typical_volume": 60472706.75, "trend": 48.132667, "fair_value": 81.717636, "relative_strength": -14.891475, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.807205, "energy": 21.983122, "activity_lines": [ 56.606666, 60.542727, 57.015381, 52.726452 ] }, { "date": "2025-01-03", "close": 50.450001, "volume": 40022042, "typical_volume": 59126554.9, "trend": 48.268667, "fair_value": 81.738054, "relative_strength": -10.910369, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.746671, "energy": 20.845729, "activity_lines": [ 53.507333, 58.177091, 56.872381, 52.875957 ] }, { "date": "2025-01-10", "close": 50.849998, "volume": 49881863, "typical_volume": 60071871.9, "trend": 48.350667, "fair_value": 81.779897, "relative_strength": -8.473668, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.204747, "energy": 18.001548, "activity_lines": [ 51.792666, 56.050909, 56.718476, 53.042495 ] }, { "date": "2025-01-17", "close": 55.98, "volume": 55663197, "typical_volume": 59558851.8, "trend": 48.764667, "fair_value": 81.872452, "relative_strength": -1.87165, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.599426, "energy": 14.318989, "activity_lines": [ 52.788, 55.394727, 56.981905, 53.53471 ] }, { "date": "2025-01-24", "close": 58.169998, "volume": 53039946, "typical_volume": 59149264.8, "trend": 49.424333, "fair_value": 81.916313, "relative_strength": 1.633372, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.89036, "energy": 11.25096, "activity_lines": [ 54.709332, 55.501817, 57.37219, 54.141505 ] }, { "date": "2025-01-31", "close": 56.66, "volume": 12676456, "typical_volume": 57525816.25, "trend": 50.094333, "fair_value": 81.965178, "relative_strength": 1.130768, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.021859, "energy": 13.119436, "activity_lines": [ 55.737999, 55.376727, 57.524809, 54.608322 ] }, { "date": "2025-02-07", "close": 64.360001, "volume": 36371019, "typical_volume": 58315708.35, "trend": 50.989, "fair_value": 82.13781, "relative_strength": 10.585433, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.337718, "energy": 32.056609, "activity_lines": [ 59.050666, 56.699454, 58.316381, 55.528688 ] }, { "date": "2025-02-14", "close": 59.130001, "volume": 73169649, "typical_volume": 58761472.0, "trend": 51.714, "fair_value": 82.251501, "relative_strength": 0.308418, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 37.146366, "energy": 34.772228, "activity_lines": [ 59.692667, 57.159636, 58.471714, 56.053914 ] }, { "date": "2025-02-21", "close": 57.150002, "volume": 52235786, "typical_volume": 60106123.5, "trend": 52.392, "fair_value": 82.358741, "relative_strength": -4.539268, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.730212, "energy": 29.473741, "activity_lines": [ 59.122668, 57.382, 58.364429, 56.404624 ] }, { "date": "2025-02-28", "close": 60.080002, "volume": 61772171, "typical_volume": 59847443.3, "trend": 53.163333, "fair_value": 82.447267, "relative_strength": 4.530361, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.463372, "energy": 30.386285, "activity_lines": [ 59.451335, 58.169273, 58.492143, 56.900624 ] }, { "date": "2025-03-07", "close": 57.18, "volume": 40069695, "typical_volume": 59402952.15, "trend": 53.634667, "fair_value": 82.542799, "relative_strength": -1.551716, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.396103, "energy": 20.201751, "activity_lines": [ 58.686001, 58.288364, 58.265762, 57.159764 ] }, { "date": "2025-03-14", "close": 59.799999, "volume": 42406160, "typical_volume": 55003406.85, "trend": 54.289333, "fair_value": 82.62477, "relative_strength": 2.500422, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.422893, "energy": 17.498397, "activity_lines": [ 58.759334, 58.797273, 58.224714, 57.557527 ] }, { "date": "2025-03-21", "close": 56.709999, "volume": 33338067, "typical_volume": 50400948.65, "trend": 54.983333, "fair_value": 82.650245, "relative_strength": 0.591269, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.5803, "energy": 11.774494, "activity_lines": [ 58.106666, 58.574364, 57.888524, 57.713699 ] }, { "date": "2025-03-28", "close": 55.860001, "volume": 32420253, "typical_volume": 47563381.9, "trend": 55.551333, "fair_value": 82.653567, "relative_strength": 0.42843, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.997849, "energy": 7.710446, "activity_lines": [ 57.332, 58.090364, 57.584191, 57.770258 ] }, { "date": "2025-04-04", "close": 44.759998, "volume": 44759232, "typical_volume": 47130326.8, "trend": 55.761333, "fair_value": 82.544242, "relative_strength": -16.990264, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.608516, "energy": 45.792964, "activity_lines": [ 52.943333, 55.590364, 56.318905, 57.074043 ] }, { "date": "2025-04-11", "close": 39.740002, "volume": 44153955, "typical_volume": 46270091.3, "trend": 55.858, "fair_value": 82.41814, "relative_strength": -21.726171, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.798206, "energy": 67.835902, "activity_lines": [ 47.902667, 52.421455, 54.650476, 56.040409 ] }, { "date": "2025-04-18", "close": 39.009998, "volume": 28611670, "typical_volume": 45110127.2, "trend": 55.98, "fair_value": 82.28426, "relative_strength": -22.29787, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.768783, "energy": 85.923356, "activity_lines": [ 43.781333, 49.427454, 53.005619, 54.953441 ] }, { "date": "2025-04-25", "close": 39.700001, "volume": 33012290, "typical_volume": 44607102.9, "trend": 55.850667, "fair_value": 82.157048, "relative_strength": -21.559616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.630833, "energy": 87.628749, "activity_lines": [ 41.276, 47.019818, 51.570333, 53.903118 ] }, { "date": "2025-05-02", "close": 39.869999, "volume": 17838655, "typical_volume": 42828246.05, "trend": 55.583, "fair_value": 82.06748, "relative_strength": -20.68536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.953021, "energy": 85.935057, "activity_lines": [ 39.961333, 44.996363, 50.275762, 52.872107 ] }, { "date": "2025-05-09", "close": 40.400002, "volume": 29171141, "typical_volume": 41958835.8, "trend": 55.472333, "fair_value": 82.007488, "relative_strength": -20.89823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.925, "energy": 83.938309, "activity_lines": [ 39.889334, 43.383455, 49.122381, 51.892559 ] }, { "date": "2025-05-16", "close": 40.549999, "volume": 53478432, "typical_volume": 41704583.95, "trend": 55.367333, "fair_value": 81.958473, "relative_strength": -20.589712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.500294, "energy": 70.660755, "activity_lines": [ 40.158, 42.155636, 48.040095, 50.929828 ] }, { "date": "2025-05-23", "close": 39.169998, "volume": 22304155, "typical_volume": 40818689.6, "trend": 54.685667, "fair_value": 81.890373, "relative_strength": -22.362835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.178331, "energy": 59.077991, "activity_lines": [ 39.912666, 40.979272, 46.882905, 49.884839 ] }, { "date": "2025-05-30", "close": 37.93, "volume": 21785820, "typical_volume": 39413887.45, "trend": 53.27, "fair_value": 81.806465, "relative_strength": -23.612464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.195239, "energy": 60.436084, "activity_lines": [ 39.243333, 39.952545, 45.661333, 48.803828 ] }, { "date": "2025-06-06", "close": 37.810001, "volume": 15046674, "typical_volume": 37383061.3, "trend": 51.995, "fair_value": 81.718286, "relative_strength": -24.5433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.556643, "energy": 61.148054, "activity_lines": [ 38.652, 39.245454, 44.489857, 47.806409 ] }, { "date": "2025-06-13", "close": 36.23, "volume": 36187928, "typical_volume": 36540460.4, "trend": 51.186, "fair_value": 81.585536, "relative_strength": -26.784156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.464173, "energy": 70.683428, "activity_lines": [ 37.671333, 38.579273, 43.254429, 46.789312 ] }, { "date": "2025-06-20", "close": 36.349998, "volume": 26510851, "typical_volume": 37232180.15, "trend": 50.421333, "fair_value": 81.476591, "relative_strength": -25.33776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.903733, "energy": 75.033781, "activity_lines": [ 37.008666, 38.09, 42.134905, 45.83215 ] }, { "date": "2025-06-27", "close": 37.389999, "volume": 34404973, "typical_volume": 37133877.85, "trend": 49.360333, "fair_value": 81.345439, "relative_strength": -25.749961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.183772, "energy": 63.372282, "activity_lines": [ 36.972666, 37.851454, 41.211143, 44.991419 ] }, { "date": "2025-07-04", "close": 39.18, "volume": 62477996, "typical_volume": 36599295.2, "trend": 48.471333, "fair_value": 81.170797, "relative_strength": -23.014096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.25911, "energy": 58.195155, "activity_lines": [ 37.651999, 37.967818, 40.586285, 44.334623 ] }, { "date": "2025-07-11", "close": 44.029999, "volume": 99942712, "typical_volume": 38984641.5, "trend": 47.975, "fair_value": 80.946234, "relative_strength": -14.95859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.936217, "energy": 37.352702, "activity_lines": [ 39.864666, 38.975454, 40.518333, 44.048086 ] }, { "date": "2025-07-18", "close": 42.759998, "volume": 65499102, "typical_volume": 39170988.05, "trend": 47.656, "fair_value": 80.731313, "relative_strength": -18.968928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.426247, "energy": 28.121071, "activity_lines": [ 41.239332, 39.676545, 40.391904, 43.711634 ] }, { "date": "2025-07-25", "close": 45.869999, "volume": 84296406, "typical_volume": 41382323.6, "trend": 47.437666, "fair_value": 80.587161, "relative_strength": -14.995726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.63027, "energy": 23.573669, "activity_lines": [ 43.215332, 40.900181, 40.644142, 43.596408 ] }, { "date": "2025-08-01", "close": 43.380001, "volume": 43591664, "typical_volume": 41441598.8, "trend": 47.202, "fair_value": 80.450534, "relative_strength": -18.195741, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.77805, "energy": 25.662467, "activity_lines": [ 43.726666, 41.574363, 40.713095, 43.334623 ] }, { "date": "2025-08-08", "close": 42.650002, "volume": 28371516, "typical_volume": 41193271.25, "trend": 46.928667, "fair_value": 80.222199, "relative_strength": -20.152754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.192193, "energy": 21.64747, "activity_lines": [ 43.595334, 42.039273, 40.790714, 43.040946 ] }, { "date": "2025-08-15", "close": 44.400002, "volume": 42893584, "typical_volume": 41716937.8, "trend": 46.542667, "fair_value": 79.970191, "relative_strength": -20.173842, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.427073, "energy": 19.876891, "activity_lines": [ 43.816001, 42.736546, 41.101952, 42.877806 ] }, { "date": "2025-08-22", "close": 48.209999, "volume": 71518180, "typical_volume": 43054885.2, "trend": 46.210667, "fair_value": 79.54327, "relative_strength": -16.968177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 18.939106, "energy": 31.832783, "activity_lines": [ 45.282001, 44.006727, 41.830619, 42.985376 ] }, { "date": "2025-08-29", "close": 46.389999, "volume": 56754084, "typical_volume": 43684891.65, "trend": 45.868333, "fair_value": 79.144602, "relative_strength": -23.130094, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.247349, "energy": 25.67228, "activity_lines": [ 45.778, 44.728182, 42.369524, 42.996946 ] }, { "date": "2025-09-05", "close": 48.0, "volume": 60292216, "typical_volume": 45268918.95, "trend": 45.323, "fair_value": 78.658361, "relative_strength": -19.496294, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.218007, "energy": 41.604503, "activity_lines": [ 46.776, 45.559818, 43.030095, 43.134473 ] }, { "date": "2025-09-12", "close": 45.299999, "volume": 45697799, "typical_volume": 45903194.4, "trend": 44.862, "fair_value": 78.188896, "relative_strength": -25.650588, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.702731, "energy": 35.555427, "activity_lines": [ 46.565999, 45.707636, 43.390714, 43.132989 ] }, { "date": "2025-09-19", "close": 42.740002, "volume": 49789641, "typical_volume": 47500743.7, "trend": 44.381667, "fair_value": 77.734679, "relative_strength": -30.324841, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.105497, "energy": 18.172303, "activity_lines": [ 45.326, 45.278728, 43.480857, 42.996086 ] }, { "date": "2025-09-26", "close": 41.459999, "volume": 37180418, "typical_volume": 47901207.55, "trend": 43.761, "fair_value": 77.226004, "relative_strength": -32.720962, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -2.929139, "energy": 7.22011, "activity_lines": [ 43.77, 44.640546, 43.435428, 42.807591 ] }, { "date": "2025-10-03", "close": 42.43, "volume": 11690711, "typical_volume": 45811821.5, "trend": 43.269333, "fair_value": 76.592242, "relative_strength": -32.369402, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.342086, "energy": 14.478884, "activity_lines": [ 42.987333, 44.202364, 43.477333, 42.72172 ] }, { "date": "2025-10-10", "close": 41.48, "volume": 13330548, "typical_volume": 45363141.15, "trend": 42.658666, "fair_value": 76.035107, "relative_strength": -32.690665, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.624717, "energy": 22.686586, "activity_lines": [ 42.152, 43.654, 43.419809, 42.606279 ] }, { "date": "2025-10-17", "close": 40.41, "volume": 38687102, "typical_volume": 46208205.25, "trend": 42.115333, "fair_value": 75.412197, "relative_strength": -30.683929, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.118649, "energy": 26.094783, "activity_lines": [ 41.394667, 42.945636, 43.249381, 42.461204 ] }, { "date": "2025-10-24", "close": 39.599998, "volume": 23182661, "typical_volume": 46615004.6, "trend": 41.573333, "fair_value": 74.821815, "relative_strength": -34.418335, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.453325, "energy": 39.050416, "activity_lines": [ 40.693333, 42.130727, 42.99, 42.298924 ] }, { "date": "2025-10-31", "close": 42.32, "volume": 39419660, "typical_volume": 46776591.2, "trend": 41.492, "fair_value": 74.216537, "relative_strength": -29.020373, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.793035, "energy": 29.817212, "activity_lines": [ 41.107999, 41.897636, 42.981143, 42.347097 ] }, { "date": "2025-11-07", "close": 43.23, "volume": 57459804, "typical_volume": 48324038.85, "trend": 41.608333, "fair_value": 73.645293, "relative_strength": -26.495528, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.171117, "energy": 11.757432, "activity_lines": [ 41.768666, 41.937091, 43.029952, 42.459226 ] }, { "date": "2025-11-14", "close": 43.209999, "volume": 80944336, "typical_volume": 50651007.0, "trend": 41.748333, "fair_value": 73.021022, "relative_strength": -24.705781, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.734559, "energy": 10.905927, "activity_lines": [ 42.369333, 42.030363, 43.044095, 42.562559 ] }, { "date": "2025-11-21", "close": 41.200001, "volume": 93306575, "typical_volume": 52192435.95, "trend": 41.798333, "fair_value": 72.207387, "relative_strength": -23.515457, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.223815, "energy": 11.953513, "activity_lines": [ 42.184667, 41.845273, 42.839095, 42.527183 ] }, { "date": "2025-11-28", "close": 39.66, "volume": 49347335, "typical_volume": 49662667.1, "trend": 41.791333, "fair_value": 71.373911, "relative_strength": -27.782219, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.178124, "energy": 10.768054, "activity_lines": [ 41.434, 41.454727, 42.477809, 42.389226 ] }, { "date": "2025-12-05", "close": 36.68, "volume": 38787110, "typical_volume": 48327067.5, "trend": 41.667333, "fair_value": 70.641321, "relative_strength": -33.031118, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.880137, "energy": 43.19016, "activity_lines": [ 39.686, 40.578364, 41.853524, 42.059462 ] }, { "date": "2025-12-12", "close": 40.330002, "volume": 51782419, "typical_volume": 46701368.15, "trend": 41.66, "fair_value": 69.968052, "relative_strength": -26.143593, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.599187, "energy": 41.815411, "activity_lines": [ 39.530667, 40.452546, 41.60581, 41.973183 ] }, { "date": "2025-12-19", "close": 48.049999, "volume": 154269619, "typical_volume": 52235265.9, "trend": 41.956, "fair_value": 69.33529, "relative_strength": -10.690162, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 21.370965, "energy": 10.861992, "activity_lines": [ 42.142, 41.768546, 42.119714, 42.385441 ] }, { "date": "2025-12-26", "close": 54.869999, "volume": 186309425, "typical_volume": 60132161.35, "trend": 42.520666, "fair_value": 68.798785, "relative_strength": -1.079313, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.40496, "energy": 63.125026, "activity_lines": [ 46.704, 44.205091, 43.260905, 43.218602 ] }, { "date": "2026-01-02", "close": 54.610001, "volume": 145574210, "typical_volume": 65266192.65, "trend": 43.080666, "fair_value": 68.352401, "relative_strength": -0.476491, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.111313, "energy": 76.612134, "activity_lines": [ 50.268, 46.331455, 44.319143, 43.998559 ] }, { "date": "2026-01-09", "close": 70.660004, "volume": 221359676, "typical_volume": 72758267.45, "trend": 44.228333, "fair_value": 68.06665, "relative_strength": 23.45546, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.786961, "energy": 92.384963, "activity_lines": [ 58.185335, 51.103092, 46.857334, 45.777871 ] }, { "date": "2026-01-16", "close": 89.699997, "volume": 221091967, "typical_volume": 80975161.6, "trend": 46.006667, "fair_value": 67.810445, "relative_strength": 54.390218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.167816, "energy": 98.545121, "activity_lines": [ 70.184, 58.821273, 51.101952, 48.711527 ] }, { "date": "2026-01-23", "close": 99.440002, "volume": 126153880, "typical_volume": 84268244.8, "trend": 48.075, "fair_value": 67.564271, "relative_strength": 68.292412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.256942, "energy": 98.818974, "activity_lines": [ 82.138001, 67.465455, 56.067953, 52.158839 ] }, { "date": "2026-01-30", "close": 100.82, "volume": 188700551, "typical_volume": 91418382.4, "trend": 50.129667, "fair_value": 67.325955, "relative_strength": 72.20714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.855634, "energy": 96.333786, "activity_lines": [ 91.126001, 75.338182, 60.920429, 55.561742 ] }, { "date": "2026-02-06", "close": 97.830002, "volume": 144375046, "typical_volume": 96147652.65, "trend": 51.923, "fair_value": 67.099861, "relative_strength": 69.941908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.605914, "energy": 90.422906, "activity_lines": [ 96.054001, 81.583273, 65.223762, 58.639183 ] }, { "date": "2026-02-13", "close": 89.489998, "volume": 106939971, "typical_volume": 99635630.3, "trend": 53.480667, "fair_value": 66.883174, "relative_strength": 52.721254, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.135866, "energy": 71.370347, "activity_lines": [ 95.320667, 85.254364, 68.470476, 61.06286 ] }, { "date": "2026-02-27", "close": 92.940002, "volume": 69920289, "typical_volume": 102547109.2, "trend": 55.049667, "fair_value": 66.71559, "relative_strength": 53.427141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.945653, "energy": 65.601222, "activity_lines": [ 94.482001, 88.592546, 71.817048, 63.608624 ] }, { "date": "2026-03-06", "close": 92.0, "volume": 110733554, "typical_volume": 107417259.5, "trend": 56.670334, "fair_value": 66.584283, "relative_strength": 54.740249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.464938, "energy": 58.331469, "activity_lines": [ 93.114, 90.803273, 74.833572, 65.992516 ] }, { "date": "2026-03-13", "close": 82.889999, "volume": 85795582, "typical_volume": 109772683.5, "trend": 58.011667, "fair_value": 66.311277, "relative_strength": 38.025652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.224052, "energy": 43.053272, "activity_lines": [ 89.205333, 90.558546, 76.741905, 67.684108 ] }, { "date": "2026-03-20", "close": 84.769997, "volume": 76899213, "typical_volume": 112458511.1, "trend": 59.357333, "fair_value": 66.055307, "relative_strength": 44.934903, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.204467, "energy": 36.027166, "activity_lines": [ 87.118666, 90.146181, 78.627, 69.410452 ] }, { "date": "2026-03-27", "close": 71.910004, "volume": 76417525, "typical_volume": 114308404.35, "trend": 60.147333, "fair_value": 65.762122, "relative_strength": 23.938575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.47596, "energy": 23.183143, "activity_lines": [ 81.616, 86.847273, 79.072238, 70.220301 ] }, { "date": "2026-04-03", "close": 68.889999, "volume": 61707031, "typical_volume": 114520765.7, "trend": 60.897333, "fair_value": 65.534629, "relative_strength": 22.416468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.234157, "energy": 24.041287, "activity_lines": [ 76.278667, 82.976546, 79.088953, 70.784344 ] }, { "date": "2026-04-10", "close": 74.099998, "volume": 58956543, "typical_volume": 113421376.05, "trend": 61.767333, "fair_value": 65.351042, "relative_strength": 22.391815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.472734, "energy": 22.930017, "activity_lines": [ 74.281333, 80.431454, 79.479667, 71.636129 ] }, { "date": "2026-04-17", "close": 74.290001, "volume": 100871748, "typical_volume": 113799634.7, "trend": 62.733667, "fair_value": 65.173836, "relative_strength": 17.450801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.032733, "energy": 20.129761, "activity_lines": [ 73.540667, 78.381636, 79.741381, 72.444043 ] }, { "date": "2026-04-24", "close": 74.870003, "volume": 100012906, "typical_volume": 116332913.25, "trend": 63.804667, "fair_value": 65.013686, "relative_strength": 17.389383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.650584, "energy": 17.030286, "activity_lines": [ 73.566668, 76.919637, 79.900762, 73.227033 ] }, { "date": "2026-05-01", "close": 80.650002, "volume": 60629189, "typical_volume": 117425017.2, "trend": 65.111, "fair_value": 64.941509, "relative_strength": 24.304334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.748312, "energy": 11.358249, "activity_lines": [ 76.179335, 76.926001, 80.442953, 74.313828 ] }, { "date": "2026-05-08", "close": 96.529999, "volume": 74688557, "typical_volume": 118570324.1, "trend": 66.914334, "fair_value": 64.985382, "relative_strength": 43.025523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.040655, "energy": 35.516506, "activity_lines": [ 83.502667, 79.980364, 82.288143, 76.340861 ] }, { "date": "2026-05-15", "close": 97.209999, "volume": 149452857, "typical_volume": 118329486.0, "trend": 68.772, "fair_value": 64.977444, "relative_strength": 42.62767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.466854, "energy": 60.311039, "activity_lines": [ 89.21, 83.093091, 83.930476, 78.29542 ] }, { "date": "2026-05-22", "close": 99.389999, "volume": 102103766, "typical_volume": 114119203.05, "trend": 70.738, "fair_value": 65.018547, "relative_strength": 43.980121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.957672, "energy": 74.837776, "activity_lines": [ 94.103333, 86.507455, 85.546333, 80.270774 ] }, { "date": "2026-05-29", "close": 77.050003, "volume": 85497027, "typical_volume": 111115343.9, "trend": 71.986334, "fair_value": 64.954102, "relative_strength": 11.253777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.736364, "energy": 48.627032, "activity_lines": [ 89.876667, 85.560001, 84.822572, 80.678 ] }, { "date": "2026-06-05", "close": 72.860001, "volume": 18853769, "typical_volume": 100990048.55, "trend": 73.004334, "fair_value": 64.76619, "relative_strength": 6.541277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.865002, "energy": 19.428129, "activity_lines": [ 84.108001, 83.991092, 83.592905, 80.734366 ] }, { "date": "2026-06-12", "close": 64.220001, "volume": 11248916, "typical_volume": 90497896.0, "trend": 73.704, "fair_value": 64.371884, "relative_strength": -4.12721, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.544482, "energy": 17.701191, "activity_lines": [ 75.978668, 80.834001, 81.529905, 80.167635 ] }, { "date": "2026-06-19", "close": 63.880001, "volume": 72296730, "typical_volume": 87805038.5, "trend": 74.393, "fair_value": 64.04844, "relative_strength": -11.138821, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.310359, "energy": 38.512371, "activity_lines": [ 69.890001, 77.700001, 79.555858, 79.533828 ] }, { "date": "2026-06-26", "close": 57.130001, "volume": 13481652, "typical_volume": 79044093.55, "trend": 74.924, "fair_value": 63.607927, "relative_strength": -19.272682, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.730108, "energy": 68.468788, "activity_lines": [ 63.773334, 73.524546, 77.108286, 78.420087 ] }, { "date": "2026-07-03", "close": 58.990002, "volume": 11098139, "typical_volume": 72380248.2, "trend": 75.568334, "fair_value": 63.085952, "relative_strength": -15.722135, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.626751, "energy": 71.401868, "activity_lines": [ 61.094001, 69.999274, 75.045906, 77.392087 ] }, { "date": "2026-07-10", "close": 55.939999, "volume": 54899552, "typical_volume": 69778227.25, "trend": 76.210334, "fair_value": 62.513592, "relative_strength": -17.150082, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.661753, "energy": 80.753799, "activity_lines": [ 58.602001, 66.208183, 72.878001, 76.125742 ] }, { "date": "2026-07-17", "close": 41.52, "volume": 61589896, "typical_volume": 69361707.6, "trend": 76.25, "fair_value": 61.816004, "relative_strength": -32.180092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.206762, "energy": 88.606912, "activity_lines": [ 52.431334, 60.244546, 69.496524, 73.887656 ] }, { "date": "2026-07-24", "close": 41.34, "volume": 56353624, "typical_volume": 66642711.1, "trend": 76.026334, "fair_value": 61.251464, "relative_strength": -32.540185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.143647, "energy": 88.268013, "activity_lines": [ 47.714, 55.248364, 66.342762, 71.635398 ] }, { "date": "2026-07-31", "close": 40.27, "volume": 40581709, "typical_volume": 64382017.45, "trend": 75.539667, "fair_value": 60.745713, "relative_strength": -33.008344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.26072, "energy": 88.758335, "activity_lines": [ 44.142667, 51.073455, 63.328334, 69.328538 ] }, { "date": "2026-08-07", "close": 45.5, "volume": 46094400, "typical_volume": 62841776.8, "trend": 75.236, "fair_value": 60.344759, "relative_strength": -27.939725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.56402, "energy": 85.715516, "activity_lines": [ 43.438667, 48.924364, 61.014953, 67.390495 ] } ], "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." } } }