{ "ticker": { "uuid": "6cf74b02-029a-4334-8bd5-a2688438cbde", "symbol": "300881", "name": "Shengtak New Material 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": -67.002, "architecture_energy": 83.407, "architecture_maturity": 21.176, "architecture_confidence": 84.563, "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": 15.49, "rotation_up": 8.99, "upward_expansion": 20.63, "deceleration": 37.2, "rotation_down": 78.34, "downward_expansion": 96.3 }, "activity_lines": [ 32.655334, 35.241818, 40.594524, 42.435957 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 33.09, "trend_reference": 43.522333, "distance_from_trend": -0.239701, "trend_direction": "Improving", "fair_value": 31.690768, "distance_from_fair_value": 0.044153, "fair_value_direction": "Weakening", "relative_strength": -19.285303, "relative_strength_direction": "Weakening", "price_momentum": -0.174401, "excess_performance": -0.181801, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.239701, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.024698, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.044153, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.622387, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.192853, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.313317, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.174401, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.920561, "read": "Supply-led" } ], "volume": { "latest": 7618772, "relative_activity": 0.800021, "balance": 0.920561, "dry_up": 0.85284, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.145175, "annualized_volatility": 0.619663, "from_high_reference": -0.424522, "from_low_reference": 0.144191 }, "levels": { "trend_reference": 43.522333, "fair_value_reference": 31.690768, "structural_low": 28.92, "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": 14, "median_return": 0.028499, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.029694, "regime_survival": 0.714286, "best_return": 0.481791, "worst_return": -0.328926, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.181442, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.064053, "regime_survival": 0.333333, "best_return": 0.472833, "worst_return": -0.142754, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.323212, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.056003, "regime_survival": 0.0, "best_return": 0.557701, "worst_return": -0.087459, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.385072, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.237438, "regime_survival": 0.0, "best_return": 0.809567, "worst_return": 0.224679, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-04-25", "tenure": "New", "return": 0.013509, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-06-27", "tenure": "Developing", "return": 0.035748, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": 0.012774, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-29", "tenure": "Developing", "return": -0.035443, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-05", "end": "2025-11-07", "tenure": "Developing", "return": 0.110576, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": -0.149162, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-23", "tenure": "Developing", "return": 0.252501, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-06", "tenure": "New", "return": 0.047156, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": -0.120479, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": -0.019046, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-06-12", "tenure": "Developing", "return": -0.1902, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": -0.070049, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": -0.126402, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 32.882122, "volume": 19760648, "typical_volume": 6963707.8, "trend": 31.016893, "fair_value": 27.088489, "relative_strength": 15.436913, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.790882, "energy": 18.810078, "activity_lines": [ 31.309799, 31.034387, 31.147107, 31.038878 ] }, { "date": "2023-08-04", "close": 33.707493, "volume": 39349934, "typical_volume": 8689558.7, "trend": 31.227236, "fair_value": 27.132616, "relative_strength": 15.767857, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.588606, "energy": 24.041149, "activity_lines": [ 32.167429, 31.473551, 31.421013, 31.212465 ] }, { "date": "2023-08-11", "close": 30.244719, "volume": 24340212, "typical_volume": 9536010.4, "trend": 31.153961, "fair_value": 27.153226, "relative_strength": 7.161794, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.882791, "energy": 7.072272, "activity_lines": [ 31.707623, 31.279843, 31.337887, 31.149077 ] }, { "date": "2023-08-18", "close": 30.652664, "volume": 14372247, "typical_volume": 9997065.25, "trend": 31.099976, "fair_value": 27.176248, "relative_strength": 11.243348, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.324004, "energy": 14.752784, "activity_lines": [ 31.398978, 31.212744, 31.290013, 31.116735 ] }, { "date": "2023-08-25", "close": 28.442179, "volume": 7924240, "typical_volume": 10007249.55, "trend": 30.956941, "fair_value": 27.184522, "relative_strength": 5.729568, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.168904, "energy": 19.088703, "activity_lines": [ 30.390188, 30.762885, 31.021889, 30.945264 ] }, { "date": "2023-09-01", "close": 29.855749, "volume": 9474076, "typical_volume": 9940700.1, "trend": 30.856471, "fair_value": 27.201868, "relative_strength": 6.62517, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.048063, "energy": 15.455887, "activity_lines": [ 29.946826, 30.606607, 30.897399, 30.87422 ] }, { "date": "2023-09-08", "close": 29.656523, "volume": 16854846, "typical_volume": 10061155.1, "trend": 30.742815, "fair_value": 27.217704, "relative_strength": 6.924644, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.089708, "energy": 26.001021, "activity_lines": [ 29.638813, 30.388233, 30.746376, 30.796804 ] }, { "date": "2023-09-15", "close": 30.007544, "volume": 8816840, "typical_volume": 10113644.05, "trend": 30.700054, "fair_value": 27.235588, "relative_strength": 8.718323, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.975125, "energy": 27.450396, "activity_lines": [ 29.717872, 30.262831, 30.640954, 30.749367 ] }, { "date": "2023-09-22", "close": 28.982943, "volume": 5728783, "typical_volume": 10260528.0, "trend": 30.597811, "fair_value": 27.18734, "relative_strength": 4.144653, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.101005, "energy": 24.245139, "activity_lines": [ 29.471209, 29.959591, 30.453207, 30.638585 ] }, { "date": "2023-09-29", "close": 28.774227, "volume": 3448589, "typical_volume": 10200312.7, "trend": 30.561181, "fair_value": 27.192329, "relative_strength": 3.853127, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.202047, "energy": 32.695024, "activity_lines": [ 29.266289, 29.658765, 30.257058, 30.520935 ] }, { "date": "2023-10-13", "close": 26.867329, "volume": 6037570, "typical_volume": 10201007.45, "trend": 30.460702, "fair_value": 27.114515, "relative_strength": -2.74963, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.743949, "energy": 45.948689, "activity_lines": [ 28.4036, 29.030895, 29.883353, 30.282622 ] }, { "date": "2023-10-20", "close": 26.250671, "volume": 5659727, "typical_volume": 10206353.65, "trend": 30.402847, "fair_value": 27.066058, "relative_strength": -0.395304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.785097, "energy": 58.270742, "activity_lines": [ 27.534585, 28.400264, 29.478121, 30.011007 ] }, { "date": "2023-10-27", "close": 26.38349, "volume": 7797522, "typical_volume": 10387987.95, "trend": 30.299332, "fair_value": 27.038742, "relative_strength": -2.193655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.456185, "energy": 61.28988, "activity_lines": [ 26.936901, 27.929362, 29.120188, 29.751693 ] }, { "date": "2023-11-03", "close": 25.719397, "volume": 5600462, "typical_volume": 10483721.3, "trend": 30.202993, "fair_value": 26.991762, "relative_strength": -5.560981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.966986, "energy": 70.040502, "activity_lines": [ 26.359456, 27.407919, 28.731128, 29.456214 ] }, { "date": "2023-11-10", "close": 25.558117, "volume": 8192179, "typical_volume": 10661916.55, "trend": 30.043792, "fair_value": 26.928015, "relative_strength": -7.105642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.197271, "energy": 74.26541, "activity_lines": [ 25.945821, 26.946849, 28.355215, 29.156544 ] }, { "date": "2023-11-17", "close": 26.459385, "volume": 10912570, "typical_volume": 10990014.3, "trend": 29.983502, "fair_value": 26.831745, "relative_strength": -3.62304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.279065, "energy": 69.732048, "activity_lines": [ 26.047016, 26.702082, 28.088448, 28.925292 ] }, { "date": "2023-11-24", "close": 25.814266, "volume": 6550677, "typical_volume": 10944478.9, "trend": 29.77023, "fair_value": 26.755427, "relative_strength": -4.481455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.818777, "energy": 67.902262, "activity_lines": [ 25.960367, 26.401774, 27.769638, 28.656309 ] }, { "date": "2023-12-01", "close": 26.022982, "volume": 5030190, "typical_volume": 10951415.5, "trend": 29.530617, "fair_value": 26.666124, "relative_strength": -2.274733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.413772, "energy": 56.277946, "activity_lines": [ 25.972384, 26.209273, 27.496637, 28.414551 ] }, { "date": "2023-12-08", "close": 24.41967, "volume": 5158066, "typical_volume": 10802020.75, "trend": 29.298178, "fair_value": 26.603488, "relative_strength": -6.312224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.054175, "energy": 55.112688, "activity_lines": [ 25.473998, 25.797707, 27.092127, 28.084813 ] }, { "date": "2023-12-15", "close": 23.717628, "volume": 4387266, "typical_volume": 10769832.2, "trend": 29.101248, "fair_value": 26.531362, "relative_strength": -7.187418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.984583, "energy": 76.721917, "activity_lines": [ 24.828246, 25.341466, 26.653058, 27.724777 ] }, { "date": "2023-12-22", "close": 23.575323, "volume": 3572527, "typical_volume": 9960426.15, "trend": 28.801106, "fair_value": 26.463314, "relative_strength": -6.058597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.23815, "energy": 83.028711, "activity_lines": [ 24.257758, 24.95129, 26.229664, 27.368266 ] }, { "date": "2023-12-29", "close": 24.267876, "volume": 5054477, "typical_volume": 8245653.3, "trend": 28.492461, "fair_value": 26.407571, "relative_strength": -6.463908, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.947649, "energy": 79.976179, "activity_lines": [ 24.110392, 24.746887, 25.916546, 27.0758 ] }, { "date": "2024-01-05", "close": 23.926342, "volume": 4074976, "typical_volume": 7232391.5, "trend": 28.185713, "fair_value": 26.325932, "relative_strength": -3.79764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.872323, "energy": 76.562991, "activity_lines": [ 23.952274, 24.516438, 25.615852, 26.781211 ] }, { "date": "2024-01-12", "close": 23.679678, "volume": 4668835, "typical_volume": 6747220.9, "trend": 27.918178, "fair_value": 26.273743, "relative_strength": -3.616108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.150165, "energy": 64.860388, "activity_lines": [ 23.851711, 24.285816, 25.321753, 26.490499 ] }, { "date": "2024-01-19", "close": 22.503284, "volume": 6133683, "typical_volume": 6657693.05, "trend": 27.653173, "fair_value": 26.229366, "relative_strength": -6.029421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.171498, "energy": 63.51776, "activity_lines": [ 23.408349, 23.87839, 24.948821, 26.141151 ] }, { "date": "2024-01-26", "close": 21.64945, "volume": 8039228, "typical_volume": 6585950.65, "trend": 27.427065, "fair_value": 26.180384, "relative_strength": -9.140917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.896807, "energy": 66.669238, "activity_lines": [ 22.761332, 23.371264, 24.522852, 25.753814 ] }, { "date": "2024-02-02", "close": 17.389767, "volume": 7708701, "typical_volume": 6128643.4, "trend": 26.96473, "fair_value": 26.124223, "relative_strength": -20.293673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.655773, "energy": 90.740786, "activity_lines": [ 20.822812, 22.177103, 23.730277, 25.106247 ] }, { "date": "2024-02-09", "close": 15.890811, "volume": 12745023, "typical_volume": 6325052.55, "trend": 26.478676, "fair_value": 26.057964, "relative_strength": -33.039795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.210473, "energy": 95.880314, "activity_lines": [ 18.843181, 20.863578, 22.853358, 24.3918 ] }, { "date": "2024-02-23", "close": 18.395391, "volume": 9377498, "typical_volume": 6507488.3, "trend": 26.051759, "fair_value": 26.013783, "relative_strength": -24.215863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.046126, "energy": 86.673315, "activity_lines": [ 18.234112, 20.189652, 22.282192, 23.870298 ] }, { "date": "2024-03-01", "close": 18.452314, "volume": 12854056, "typical_volume": 6977761.65, "trend": 25.671644, "fair_value": 25.969207, "relative_strength": -26.547564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.498737, "energy": 82.290468, "activity_lines": [ 17.996303, 19.635608, 21.766864, 23.380011 ] }, { "date": "2024-03-08", "close": 19.363071, "volume": 18124106, "typical_volume": 7582088.45, "trend": 25.221009, "fair_value": 25.944141, "relative_strength": -22.014232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.60257, "energy": 61.239901, "activity_lines": [ 18.332145, 19.34289, 21.387427, 22.973007 ] }, { "date": "2024-03-15", "close": 23.546862, "volume": 17283347, "typical_volume": 8163269.45, "trend": 24.882322, "fair_value": 25.952946, "relative_strength": -7.520425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.513451, "energy": 30.487905, "activity_lines": [ 20.215009, 19.887447, 21.442181, 22.864997 ] }, { "date": "2024-03-22", "close": 22.199699, "volume": 27807968, "typical_volume": 9163791.75, "trend": 24.614154, "fair_value": 25.94232, "relative_strength": -12.195941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.369509, "energy": 22.00227, "activity_lines": [ 21.238345, 20.200174, 21.381509, 22.691925 ] }, { "date": "2024-03-29", "close": 25.444271, "volume": 29176751, "typical_volume": 10342606.2, "trend": 24.440541, "fair_value": 25.952872, "relative_strength": 2.23276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.403999, "energy": 18.141281, "activity_lines": [ 22.922613, 21.134217, 21.649767, 22.745481 ] }, { "date": "2024-04-05", "close": 24.969919, "volume": 15659376, "typical_volume": 10715966.05, "trend": 24.324799, "fair_value": 25.943131, "relative_strength": -1.244312, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.513751, "energy": 23.677058, "activity_lines": [ 23.978838, 21.949931, 21.874158, 22.779634 ] }, { "date": "2024-04-12", "close": 25.61504, "volume": 17221555, "typical_volume": 11031415.3, "trend": 24.183442, "fair_value": 25.941649, "relative_strength": 4.527148, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.058108, "energy": 31.4403, "activity_lines": [ 24.815597, 22.838092, 22.162791, 22.862875 ] }, { "date": "2024-04-19", "close": 25.12171, "volume": 18530286, "typical_volume": 11630395.75, "trend": 24.032282, "fair_value": 25.889481, "relative_strength": 1.820812, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.173806, "energy": 30.144038, "activity_lines": [ 25.071114, 23.564455, 22.40846, 22.923409 ] }, { "date": "2024-04-26", "close": 23.954805, "volume": 16260734, "typical_volume": 12191922.95, "trend": 23.830524, "fair_value": 25.83298, "relative_strength": -4.894337, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.361117, "energy": 27.01987, "activity_lines": [ 24.832673, 23.938073, 22.546293, 22.91841 ] }, { "date": "2024-05-03", "close": 24.277365, "volume": 4331556, "typical_volume": 12150597.45, "trend": 23.673671, "fair_value": 25.800897, "relative_strength": -4.658897, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.795651, "energy": 19.015335, "activity_lines": [ 24.584745, 24.223719, 22.724695, 22.947239 ] }, { "date": "2024-05-10", "close": 25.254532, "volume": 14241404, "typical_volume": 12643304.35, "trend": 23.556348, "fair_value": 25.750069, "relative_strength": -2.053501, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.531817, "energy": 18.405695, "activity_lines": [ 24.740333, 24.580088, 22.996838, 23.04923 ] }, { "date": "2024-05-17", "close": 24.903509, "volume": 14752401, "typical_volume": 13202298.05, "trend": 23.490887, "fair_value": 25.70502, "relative_strength": -3.026918, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.001332, "energy": 18.593629, "activity_lines": [ 24.759939, 24.748957, 23.228232, 23.136143 ] }, { "date": "2024-05-24", "close": 26.279133, "volume": 28063569, "typical_volume": 14352752.65, "trend": 23.491836, "fair_value": 25.654901, "relative_strength": 5.348492, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.461818, "energy": 24.076868, "activity_lines": [ 25.285522, 25.067205, 23.584313, 23.31603 ] }, { "date": "2024-05-31", "close": 25.550579, "volume": 17713591, "typical_volume": 15034683.4, "trend": 23.464073, "fair_value": 25.658593, "relative_strength": 3.243016, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 26.762924, "energy": 26.221636, "activity_lines": [ 25.491092, 25.20331, 23.86143, 23.448852 ] }, { "date": "2024-06-07", "close": 23.905899, "volume": 9816180, "typical_volume": 15292050.65, "trend": 23.403623, "fair_value": 25.639971, "relative_strength": -1.918279, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.387977, "energy": 26.883278, "activity_lines": [ 25.042051, 24.979458, 23.974177, 23.477357 ] }, { "date": "2024-06-14", "close": 25.076525, "volume": 4532610, "typical_volume": 15211997.0, "trend": 23.38757, "fair_value": 25.634223, "relative_strength": 3.150163, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.825052, "energy": 27.179174, "activity_lines": [ 25.007982, 24.996417, 24.197334, 23.585286 ] }, { "date": "2024-06-21", "close": 24.824986, "volume": 5085144, "typical_volume": 15064292.8, "trend": 23.33309, "fair_value": 25.630064, "relative_strength": 4.378499, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.974151, "energy": 19.771582, "activity_lines": [ 24.901935, 24.965704, 24.384282, 23.678023 ] }, { "date": "2024-06-28", "close": 24.85401, "volume": 6098448, "typical_volume": 14983780.15, "trend": 23.301081, "fair_value": 25.616217, "relative_strength": 6.962654, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.374385, "energy": 17.446064, "activity_lines": [ 24.810796, 24.954632, 24.558873, 23.776147 ] }, { "date": "2024-07-05", "close": 24.002644, "volume": 7013855, "typical_volume": 14697221.75, "trend": 23.233736, "fair_value": 25.598214, "relative_strength": 4.972545, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.566619, "energy": 16.459843, "activity_lines": [ 24.530878, 24.793634, 24.616837, 23.821409 ] }, { "date": "2024-07-12", "close": 26.073008, "volume": 18611095, "typical_volume": 15158901.6, "trend": 23.288848, "fair_value": 25.587516, "relative_strength": 11.895546, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.110609, "energy": 26.744509, "activity_lines": [ 25.044276, 25.008196, 24.83335, 24.004588 ] }, { "date": "2024-07-19", "close": 24.070366, "volume": 8586704, "typical_volume": 14945534.0, "trend": 23.300606, "fair_value": 25.579116, "relative_strength": 2.802066, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.120161, "energy": 16.169443, "activity_lines": [ 24.745653, 24.825993, 24.822576, 24.055008 ] }, { "date": "2024-07-26", "close": 22.715925, "volume": 5680892, "typical_volume": 14323373.3, "trend": 23.271959, "fair_value": 25.554113, "relative_strength": 0.59908, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.695623, "energy": 6.584218, "activity_lines": [ 24.062627, 24.419058, 24.656055, 24.017287 ] }, { "date": "2024-08-02", "close": 22.570807, "volume": 4638930, "typical_volume": 13691152.45, "trend": 23.21539, "fair_value": 25.539898, "relative_strength": 0.556755, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.072085, "energy": 10.189957, "activity_lines": [ 23.471833, 24.025513, 24.459747, 23.972051 ] }, { "date": "2024-08-09", "close": 22.077402, "volume": 5036818, "typical_volume": 12552594.95, "trend": 23.153759, "fair_value": 25.515065, "relative_strength": 0.476162, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.165328, "energy": 32.511347, "activity_lines": [ 22.868784, 23.609681, 24.221096, 23.898633 ] }, { "date": "2024-08-16", "close": 22.019356, "volume": 6156713, "typical_volume": 11401593.05, "trend": 23.098415, "fair_value": 25.490514, "relative_strength": 1.006867, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.106527, "energy": 43.649354, "activity_lines": [ 22.374735, 23.246445, 23.9775, 23.825445 ] }, { "date": "2024-08-23", "close": 22.299917, "volume": 6488826, "typical_volume": 10943065.55, "trend": 23.091636, "fair_value": 25.469396, "relative_strength": 4.449514, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.870693, "energy": 46.151339, "activity_lines": [ 22.24445, 22.96852, 23.776932, 23.773929 ] }, { "date": "2024-08-30", "close": 23.122257, "volume": 5611496, "typical_volume": 10362562.6, "trend": 23.140729, "fair_value": 25.46096, "relative_strength": 6.266797, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.386503, "energy": 41.025761, "activity_lines": [ 22.506309, 22.890595, 23.667397, 23.775905 ] }, { "date": "2024-09-06", "close": 22.02903, "volume": 4789100, "typical_volume": 9675503.3, "trend": 23.295371, "fair_value": 25.449767, "relative_strength": 4.028764, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.26194, "energy": 38.74222, "activity_lines": [ 22.37667, 22.644861, 23.465615, 23.704182 ] }, { "date": "2024-09-13", "close": 21.545301, "volume": 3088900, "typical_volume": 9016911.6, "trend": 23.483854, "fair_value": 25.42125, "relative_strength": 3.739022, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -38.158966, "energy": 39.743878, "activity_lines": [ 22.121906, 22.362539, 23.232491, 23.591275 ] }, { "date": "2024-09-20", "close": 21.583998, "volume": 3043370, "typical_volume": 8952502.3, "trend": 23.590141, "fair_value": 25.393582, "relative_strength": 2.907455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.270859, "energy": 45.273128, "activity_lines": [ 21.915514, 22.131932, 23.014527, 23.468703 ] }, { "date": "2024-09-27", "close": 27.988575, "volume": 39040933, "typical_volume": 10192478.75, "trend": 23.908017, "fair_value": 25.40408, "relative_strength": 13.26512, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -0.431552, "energy": 8.013485, "activity_lines": [ 23.873006, 23.147412, 23.419347, 23.752473 ] }, { "date": "2024-10-04", "close": 32.409859, "volume": 10741928, "typical_volume": 9991955.1, "trend": 24.34291, "fair_value": 25.439651, "relative_strength": 18.313901, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.104064, "energy": 59.388087, "activity_lines": [ 26.925015, 24.895521, 24.232223, 24.300979 ] }, { "date": "2024-10-11", "close": 31.471424, "volume": 31656089, "typical_volume": 10171581.1, "trend": 24.607062, "fair_value": 25.460542, "relative_strength": 19.993993, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.599489, "energy": 81.245127, "activity_lines": [ 29.045039, 26.296753, 24.91998, 24.760883 ] }, { "date": "2024-10-18", "close": 32.419533, "volume": 20155453, "typical_volume": 10293674.2, "trend": 24.947723, "fair_value": 25.494104, "relative_strength": 19.657896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.455525, "energy": 88.527019, "activity_lines": [ 30.851606, 27.708538, 25.673308, 25.264914 ] }, { "date": "2024-10-25", "close": 32.148643, "volume": 17139749, "typical_volume": 10659852.65, "trend": 25.171202, "fair_value": 25.54244, "relative_strength": 15.487387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.15541, "energy": 87.977532, "activity_lines": [ 31.842927, 28.883033, 26.368127, 25.729489 ] }, { "date": "2024-11-01", "close": 35.505726, "volume": 34829972, "typical_volume": 12174720.75, "trend": 25.522395, "fair_value": 25.622049, "relative_strength": 28.894087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.551797, "energy": 91.822348, "activity_lines": [ 33.248967, 30.483737, 27.343417, 26.396233 ] }, { "date": "2024-11-08", "close": 33.938446, "volume": 22263238, "typical_volume": 13033625.45, "trend": 25.799842, "fair_value": 25.688668, "relative_strength": 15.047802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.646531, "energy": 82.098224, "activity_lines": [ 33.631437, 31.559375, 28.11978, 26.939204 ] }, { "date": "2024-11-15", "close": 32.17767, "volume": 19300620, "typical_volume": 13693734.05, "trend": 26.035041, "fair_value": 25.744492, "relative_strength": 12.912151, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.380804, "energy": 58.129713, "activity_lines": [ 33.325075, 32.118215, 28.685052, 27.350676 ] }, { "date": "2024-11-22", "close": 30.310474, "volume": 13094532, "typical_volume": 13997767.9, "trend": 26.246897, "fair_value": 25.794557, "relative_strength": 9.321164, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.238648, "energy": 48.669005, "activity_lines": [ 32.349232, 32.153043, 29.037621, 27.626511 ] }, { "date": "2024-11-29", "close": 31.635893, "volume": 6981959, "typical_volume": 13416311.1, "trend": 26.492181, "fair_value": 25.864235, "relative_strength": 11.95147, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.864931, "energy": 35.528186, "activity_lines": [ 31.955799, 32.26949, 29.486384, 27.974188 ] }, { "date": "2024-12-06", "close": 32.26474, "volume": 8295170, "typical_volume": 13401734.4, "trend": 26.725855, "fair_value": 25.937781, "relative_strength": 12.023322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.609352, "energy": 28.923198, "activity_lines": [ 31.806165, 32.317511, 29.968547, 28.346611 ] }, { "date": "2024-12-13", "close": 31.732637, "volume": 8674776, "typical_volume": 13551428.6, "trend": 26.953492, "fair_value": 25.996581, "relative_strength": 10.657038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.338268, "energy": 24.993111, "activity_lines": [ 31.695229, 32.191038, 30.361012, 28.669629 ] }, { "date": "2024-12-20", "close": 30.726482, "volume": 6092620, "typical_volume": 13624113.1, "trend": 27.101737, "fair_value": 26.044138, "relative_strength": 7.539854, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.539427, "energy": 23.056231, "activity_lines": [ 31.395963, 31.89394, 30.614717, 28.913048 ] }, { "date": "2024-12-27", "close": 30.542664, "volume": 5582390, "typical_volume": 13651391.7, "trend": 27.26814, "fair_value": 26.088009, "relative_strength": 6.526995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.980981, "energy": 20.990055, "activity_lines": [ 31.132169, 31.576965, 30.812078, 29.135043 ] }, { "date": "2025-01-03", "close": 28.830261, "volume": 5287800, "typical_volume": 13607946.05, "trend": 27.432285, "fair_value": 26.117906, "relative_strength": 8.023106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.672488, "energy": 16.406723, "activity_lines": [ 30.282095, 30.98277, 30.806043, 29.235825 ] }, { "date": "2025-01-10", "close": 29.217247, "volume": 7147010, "typical_volume": 13640855.25, "trend": 27.570309, "fair_value": 26.158512, "relative_strength": 10.322105, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.098017, "energy": 15.839466, "activity_lines": [ 29.748058, 30.519269, 30.804431, 29.350984 ] }, { "date": "2025-01-17", "close": 29.507484, "volume": 11169772, "typical_volume": 13918769.05, "trend": 27.726393, "fair_value": 26.183106, "relative_strength": 7.204443, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.741908, "energy": 15.663185, "activity_lines": [ 29.513933, 30.222875, 30.79752, 29.475963 ] }, { "date": "2025-01-24", "close": 29.700975, "volume": 12338943, "typical_volume": 14296261.2, "trend": 27.887958, "fair_value": 26.223053, "relative_strength": 6.28476, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.769916, "energy": 15.061209, "activity_lines": [ 29.492649, 30.042224, 30.778632, 29.603356 ] }, { "date": "2025-01-31", "close": 28.694818, "volume": 2164209, "typical_volume": 14250026.65, "trend": 28.044364, "fair_value": 26.255679, "relative_strength": 3.805194, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.080981, "energy": 15.277645, "activity_lines": [ 29.204346, 29.723666, 30.627386, 29.655411 ] }, { "date": "2025-02-07", "close": 30.136332, "volume": 7983150, "typical_volume": 14497015.65, "trend": 28.179808, "fair_value": 26.297817, "relative_strength": 4.182703, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.277387, "energy": 9.727016, "activity_lines": [ 29.519738, 29.696578, 30.579382, 29.790377 ] }, { "date": "2025-02-14", "close": 29.052778, "volume": 10734510, "typical_volume": 13081694.5, "trend": 28.345888, "fair_value": 26.337042, "relative_strength": -1.806077, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.427313, "energy": 8.382453, "activity_lines": [ 29.386874, 29.499744, 30.387456, 29.846697 ] }, { "date": "2025-02-21", "close": 30.000889, "volume": 7863390, "typical_volume": 12937767.6, "trend": 28.588721, "fair_value": 26.391716, "relative_strength": -1.316766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.722213, "energy": 11.72065, "activity_lines": [ 29.581011, 29.533693, 30.280759, 29.953472 ] }, { "date": "2025-02-28", "close": 31.848732, "volume": 23917790, "typical_volume": 12550852.65, "trend": 28.897985, "fair_value": 26.464229, "relative_strength": 7.731118, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.048123, "energy": 20.925623, "activity_lines": [ 30.358202, 29.9351, 30.361519, 30.163795 ] }, { "date": "2025-03-07", "close": 32.932289, "volume": 18087880, "typical_volume": 12447474.0, "trend": 29.259814, "fair_value": 26.539874, "relative_strength": 8.28278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.513965, "energy": 30.413245, "activity_lines": [ 31.353395, 30.513113, 30.543678, 30.424073 ] }, { "date": "2025-03-14", "close": 33.561134, "volume": 16581140, "typical_volume": 12419543.55, "trend": 29.64454, "fair_value": 26.615682, "relative_strength": 8.545663, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.245217, "energy": 50.056153, "activity_lines": [ 32.275705, 31.162014, 30.783285, 30.701577 ] }, { "date": "2025-03-21", "close": 33.938446, "volume": 17484313, "typical_volume": 11552260.6, "trend": 30.032491, "fair_value": 26.696251, "relative_strength": 12.097899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.06458, "energy": 63.36529, "activity_lines": [ 33.095466, 31.793501, 31.052101, 30.978603 ] }, { "date": "2025-03-28", "close": 32.119621, "volume": 34147698, "typical_volume": 12146483.6, "trend": 30.332403, "fair_value": 26.762654, "relative_strength": 6.659924, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.809145, "energy": 54.792865, "activity_lines": [ 32.98324, 32.008452, 31.155158, 31.113257 ] }, { "date": "2025-04-04", "close": 31.635893, "volume": 8787190, "typical_volume": 11620812.1, "trend": 30.652632, "fair_value": 26.823723, "relative_strength": 7.185667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.709122, "energy": 36.472177, "activity_lines": [ 32.568523, 32.08796, 31.220807, 31.197353 ] }, { "date": "2025-04-11", "close": 28.104668, "volume": 13852107, "typical_volume": 11658690.85, "trend": 30.871278, "fair_value": 26.871473, "relative_strength": 0.310114, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 3.514201, "energy": 3.696274, "activity_lines": [ 30.99092, 31.490246, 30.952729, 31.032968 ] }, { "date": "2025-04-18", "close": 27.930527, "volume": 8615840, "typical_volume": 11740384.9, "trend": 31.082829, "fair_value": 26.916962, "relative_strength": 0.126442, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.157273, "energy": 30.42744, "activity_lines": [ 29.677112, 30.8716, 30.678569, 30.843242 ] }, { "date": "2025-04-25", "close": 28.307835, "volume": 6045580, "typical_volume": 11627905.4, "trend": 31.093471, "fair_value": 26.97288, "relative_strength": -0.124313, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.031276, "energy": 38.772426, "activity_lines": [ 28.864446, 30.361662, 30.457989, 30.66421 ] }, { "date": "2025-05-02", "close": 28.404581, "volume": 7318300, "typical_volume": 11560081.6, "trend": 30.959961, "fair_value": 27.009694, "relative_strength": 0.164469, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.754834, "energy": 47.967159, "activity_lines": [ 28.459404, 29.882858, 30.265465, 30.490734 ] }, { "date": "2025-05-09", "close": 29.275293, "volume": 6700360, "typical_volume": 11590468.6, "trend": 30.886757, "fair_value": 27.049582, "relative_strength": 0.720797, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.810868, "energy": 50.837569, "activity_lines": [ 28.592268, 29.591389, 30.171713, 30.382045 ] }, { "date": "2025-05-16", "close": 29.226919, "volume": 6502140, "typical_volume": 11636456.1, "trend": 30.780337, "fair_value": 27.094827, "relative_strength": -0.171729, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.413641, "energy": 34.63117, "activity_lines": [ 28.86638, 29.337914, 30.080265, 30.274959 ] }, { "date": "2025-05-23", "close": 28.501326, "volume": 8694134, "typical_volume": 11806772.8, "trend": 30.658759, "fair_value": 27.163047, "relative_strength": -2.212735, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.008835, "energy": 28.41379, "activity_lines": [ 28.823812, 29.019884, 29.925978, 30.127926 ] }, { "date": "2025-05-30", "close": 29.79772, "volume": 11755766, "typical_volume": 12037210.6, "trend": 30.468492, "fair_value": 27.238923, "relative_strength": 3.004938, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.749667, "energy": 19.128424, "activity_lines": [ 29.175322, 29.029558, 29.896724, 30.072375 ] }, { "date": "2025-06-06", "close": 29.639999, "volume": 4771209, "typical_volume": 11717282.45, "trend": 30.325211, "fair_value": 27.306268, "relative_strength": 0.799797, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.915099, "energy": 16.543989, "activity_lines": [ 29.374932, 29.085842, 29.849685, 30.018924 ] }, { "date": "2025-06-13", "close": 30.42, "volume": 17528505, "typical_volume": 11976760.55, "trend": 30.266622, "fair_value": 27.376052, "relative_strength": 3.877818, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.591254, "energy": 12.473724, "activity_lines": [ 29.752182, 29.329028, 29.8763, 30.025039 ] }, { "date": "2025-06-20", "close": 28.67, "volume": 8401160, "typical_volume": 12288608.1, "trend": 30.211939, "fair_value": 27.434835, "relative_strength": -1.035913, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.421848, "energy": 16.446535, "activity_lines": [ 29.469784, 29.27614, 29.732825, 29.922032 ] }, { "date": "2025-06-27", "close": 29.42, "volume": 5778021, "typical_volume": 12178351.65, "trend": 30.138076, "fair_value": 27.49454, "relative_strength": -2.118734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.902905, "energy": 13.530138, "activity_lines": [ 29.474515, 29.349336, 29.660896, 29.870939 ] }, { "date": "2025-07-04", "close": 36.009998, "volume": 42418517, "typical_volume": 13762552.0, "trend": 30.262918, "fair_value": 27.590084, "relative_strength": 17.800696, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.322634, "energy": 36.048093, "activity_lines": [ 31.614666, 30.593633, 30.219998, 30.249772 ] }, { "date": "2025-07-11", "close": 36.470001, "volume": 43818921, "typical_volume": 15560328.55, "trend": 30.42083, "fair_value": 27.691807, "relative_strength": 16.856744, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.403267, "energy": 75.578248, "activity_lines": [ 33.494, 31.781527, 30.78978, 30.650229 ] }, { "date": "2025-07-18", "close": 35.549999, "volume": 32509366, "typical_volume": 15989907.35, "trend": 30.581614, "fair_value": 27.78796, "relative_strength": 11.230332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.761323, "energy": 76.65953, "activity_lines": [ 34.611333, 32.655504, 31.241137, 30.981143 ] }, { "date": "2025-07-25", "close": 38.900002, "volume": 51219581, "typical_volume": 17646492.4, "trend": 30.860192, "fair_value": 27.910569, "relative_strength": 18.287401, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.098865, "energy": 82.021049, "activity_lines": [ 36.503334, 34.024487, 31.993917, 31.517814 ] }, { "date": "2025-08-01", "close": 36.880001, "volume": 30226220, "typical_volume": 18328746.4, "trend": 31.128517, "fair_value": 28.01782, "relative_strength": 13.418263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.082103, "energy": 73.534197, "activity_lines": [ 37.040001, 34.850322, 32.525898, 31.906188 ] }, { "date": "2025-08-08", "close": 36.98, "volume": 15707255, "typical_volume": 18239893.5, "trend": 31.387275, "fair_value": 28.125877, "relative_strength": 11.818685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.019095, "energy": 58.175936, "activity_lines": [ 37.112667, 35.542, 33.051599, 32.283703 ] }, { "date": "2025-08-15", "close": 36.139999, "volume": 12600820, "typical_volume": 17162549.6, "trend": 31.608359, "fair_value": 28.221543, "relative_strength": 4.209739, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.047063, "energy": 46.422949, "activity_lines": [ 36.840667, 35.950364, 33.482816, 32.590331 ] }, { "date": "2025-08-22", "close": 37.060001, "volume": 11047542, "typical_volume": 17275567.2, "trend": 31.85366, "fair_value": 28.321903, "relative_strength": 1.98403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.776321, "energy": 41.027789, "activity_lines": [ 36.897334, 36.407818, 33.982508, 32.94205 ] }, { "date": "2025-08-29", "close": 34.290001, "volume": 16923819, "typical_volume": 17429152.8, "trend": 32.040166, "fair_value": 28.407408, "relative_strength": -9.538333, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.874971, "energy": 27.699988, "activity_lines": [ 35.93, 36.240909, 34.192561, 33.099233 ] }, { "date": "2025-09-05", "close": 35.27, "volume": 9692316, "typical_volume": 17482976.6, "trend": 32.211288, "fair_value": 28.49602, "relative_strength": -6.228169, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.65437, "energy": 22.338934, "activity_lines": [ 35.596667, 36.15, 34.466493, 33.307609 ] }, { "date": "2025-09-12", "close": 36.790001, "volume": 9366906, "typical_volume": 17649042.9, "trend": 32.469196, "fair_value": 28.590381, "relative_strength": -4.802146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.275816, "energy": 24.000775, "activity_lines": [ 35.877334, 36.229091, 34.850238, 33.60301 ] }, { "date": "2025-09-19", "close": 34.02, "volume": 13191850, "typical_volume": 17942720.4, "trend": 32.603166, "fair_value": 28.672239, "relative_strength": -12.918719, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.341148, "energy": 17.677386, "activity_lines": [ 35.247334, 35.790364, 34.929781, 33.703062 ] }, { "date": "2025-09-26", "close": 33.400002, "volume": 7218374, "typical_volume": 17968621.1, "trend": 32.654875, "fair_value": 28.755048, "relative_strength": -15.174432, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.922284, "energy": 14.867425, "activity_lines": [ 34.552001, 35.283455, 34.923537, 33.754471 ] }, { "date": "2025-10-03", "close": 34.459999, "volume": 2603899, "typical_volume": 17773709.05, "trend": 32.705799, "fair_value": 28.811815, "relative_strength": -14.243279, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.2891, "energy": 14.852138, "activity_lines": [ 34.454, 35.008364, 34.998604, 33.87093 ] }, { "date": "2025-10-10", "close": 35.779999, "volume": 4166454, "typical_volume": 17547325.05, "trend": 32.779761, "fair_value": 28.860352, "relative_strength": -9.554741, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.745968, "energy": 14.620079, "activity_lines": [ 34.784667, 35.054, 35.174466, 34.069266 ] }, { "date": "2025-10-17", "close": 33.93, "volume": 8491235, "typical_volume": 17384098.5, "trend": 32.77948, "fair_value": 28.901736, "relative_strength": -9.458181, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.892121, "energy": 10.830194, "activity_lines": [ 34.464666, 34.783273, 35.139476, 34.143475 ] }, { "date": "2025-10-24", "close": 34.75, "volume": 7547056, "typical_volume": 17522890.85, "trend": 32.867159, "fair_value": 28.970322, "relative_strength": -11.220046, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.633599, "energy": 9.773589, "activity_lines": [ 34.608666, 34.717091, 35.162905, 34.270605 ] }, { "date": "2025-10-31", "close": 36.380001, "volume": 17841788, "typical_volume": 17538555.0, "trend": 33.025296, "fair_value": 29.036934, "relative_strength": -7.264588, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 42.268762, "energy": 25.693403, "activity_lines": [ 35.247333, 34.972546, 35.317238, 34.49724 ] }, { "date": "2025-11-07", "close": 39.169998, "volume": 26862793, "typical_volume": 18461636.65, "trend": 33.39414, "fair_value": 29.116177, "relative_strength": -0.267808, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.229109, "energy": 52.719234, "activity_lines": [ 36.617333, 35.747636, 35.708905, 34.893673 ] }, { "date": "2025-11-14", "close": 37.610001, "volume": 18251075, "typical_volume": 19085289.35, "trend": 33.716789, "fair_value": 29.163802, "relative_strength": -2.783072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.880454, "energy": 55.491525, "activity_lines": [ 37.153333, 36.150364, 35.902, 35.165664 ] }, { "date": "2025-11-21", "close": 32.0, "volume": 12931102, "typical_volume": 17610918.6, "trend": 33.839861, "fair_value": 29.155545, "relative_strength": -12.609809, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.505148, "energy": 13.870282, "activity_lines": [ 35.697333, 35.490545, 35.52181, 35.054903 ] }, { "date": "2025-11-28", "close": 32.990002, "volume": 7363003, "typical_volume": 15788122.7, "trend": 33.992709, "fair_value": 29.16343, "relative_strength": -12.747904, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.231773, "energy": 3.270864, "activity_lines": [ 34.700001, 35.097818, 35.255, 35.000073 ] }, { "date": "2025-12-05", "close": 34.060001, "volume": 5938403, "typical_volume": 14459574.55, "trend": 34.152199, "fair_value": 29.163069, "relative_strength": -10.80367, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.013076, "energy": 15.900408, "activity_lines": [ 34.176668, 34.918364, 35.106667, 35.004415 ] }, { "date": "2025-12-12", "close": 33.34, "volume": 5174609, "typical_volume": 12157325.95, "trend": 34.289302, "fair_value": 29.157326, "relative_strength": -13.160626, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.374679, "energy": 29.007641, "activity_lines": [ 33.568001, 34.596, 34.896857, 34.952015 ] }, { "date": "2025-12-19", "close": 33.59, "volume": 6416256, "typical_volume": 10966827.75, "trend": 34.458924, "fair_value": 29.170699, "relative_strength": -11.529246, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.526451, "energy": 37.681121, "activity_lines": [ 33.431334, 34.339455, 34.737334, 34.906899 ] }, { "date": "2025-12-26", "close": 34.860001, "volume": 9853896, "typical_volume": 10674159.8, "trend": 34.627667, "fair_value": 29.200696, "relative_strength": -11.134729, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.368834, "energy": 22.831298, "activity_lines": [ 33.986001, 34.353637, 34.714429, 34.932775 ] }, { "date": "2026-01-02", "close": 33.860001, "volume": 3633621, "typical_volume": 10225799.85, "trend": 34.768334, "fair_value": 29.242562, "relative_strength": -12.942844, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.281408, "energy": 15.134776, "activity_lines": [ 34.016667, 34.169092, 34.606381, 34.883248 ] }, { "date": "2026-01-09", "close": 35.349998, "volume": 9128470, "typical_volume": 10129846.25, "trend": 34.932667, "fair_value": 29.301695, "relative_strength": -12.662839, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.063425, "energy": 12.904307, "activity_lines": [ 34.486, 34.271637, 34.651095, 34.920774 ] }, { "date": "2026-01-16", "close": 36.389999, "volume": 11239267, "typical_volume": 9845618.65, "trend": 35.19, "fair_value": 29.359341, "relative_strength": -10.893822, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.491568, "energy": 10.03859, "activity_lines": [ 35.215999, 34.582, 34.803, 35.014796 ] }, { "date": "2026-01-23", "close": 41.32, "volume": 21448761, "typical_volume": 10433440.9, "trend": 35.586667, "fair_value": 29.416245, "relative_strength": 0.083031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 49.368421, "energy": 49.695884, "activity_lines": [ 37.386, 35.839273, 35.414429, 35.41028 ] }, { "date": "2026-01-30", "close": 40.080002, "volume": 14595445, "typical_volume": 10694867.85, "trend": 35.722334, "fair_value": 29.466295, "relative_strength": -1.320225, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.315356, "energy": 60.838155, "activity_lines": [ 38.627334, 36.803637, 35.878953, 35.700172 ] }, { "date": "2026-02-06", "close": 41.970001, "volume": 13789333, "typical_volume": 10724742.0, "trend": 35.905667, "fair_value": 29.525505, "relative_strength": 5.4365, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.591108, "energy": 82.239952, "activity_lines": [ 40.150667, 37.964728, 36.50781, 36.103248 ] }, { "date": "2026-02-13", "close": 45.900002, "volume": 19969699, "typical_volume": 11362308.25, "trend": 36.250667, "fair_value": 29.609032, "relative_strength": 13.306674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.211367, "energy": 90.0694, "activity_lines": [ 42.443335, 39.677092, 37.473096, 36.748043 ] }, { "date": "2026-02-27", "close": 55.799999, "volume": 23705328, "typical_volume": 12417379.7, "trend": 36.814, "fair_value": 29.754762, "relative_strength": 32.99554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.042034, "energy": 98.407075, "activity_lines": [ 47.332667, 42.974182, 39.321715, 38.009291 ] }, { "date": "2026-03-06", "close": 51.189999, "volume": 17494455, "typical_volume": 13083779.75, "trend": 37.291, "fair_value": 29.882323, "relative_strength": 24.279808, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.152346, "energy": 92.284564, "activity_lines": [ 49.391333, 45.024727, 40.629667, 38.936774 ] }, { "date": "2026-03-13", "close": 46.610001, "volume": 13684833, "typical_volume": 13343459.65, "trend": 37.612, "fair_value": 29.975655, "relative_strength": 12.135129, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.652398, "energy": 86.114862, "activity_lines": [ 49.265334, 45.922546, 41.428048, 39.538 ] }, { "date": "2026-03-20", "close": 43.880001, "volume": 12341582, "typical_volume": 13583185.95, "trend": 37.87, "fair_value": 30.065443, "relative_strength": 8.646405, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.767182, "energy": 59.368705, "activity_lines": [ 47.794, 46.110364, 41.906048, 39.942387 ] }, { "date": "2026-03-27", "close": 43.439999, "volume": 8791905, "typical_volume": 13130691.8, "trend": 38.082667, "fair_value": 30.152355, "relative_strength": 8.397504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.235389, "energy": 41.557182, "activity_lines": [ 46.048667, 46.036, 42.298667, 40.301742 ] }, { "date": "2026-04-03", "close": 40.369999, "volume": 7041838, "typical_volume": 12139644.05, "trend": 38.285334, "fair_value": 30.231738, "relative_strength": 3.814097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.378546, "energy": 25.26742, "activity_lines": [ 43.444, 45.256364, 42.365286, 40.449312 ] }, { "date": "2026-04-10", "close": 47.779999, "volume": 10002210, "typical_volume": 11727200.8, "trend": 38.702334, "fair_value": 30.348988, "relative_strength": 14.438797, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.518528, "energy": 25.922446, "activity_lines": [ 44.337999, 45.751636, 43.131905, 41.061871 ] }, { "date": "2026-04-17", "close": 48.119999, "volume": 19999633, "typical_volume": 12080627.35, "trend": 39.08, "fair_value": 30.474055, "relative_strength": 10.520636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.223473, "energy": 25.483278, "activity_lines": [ 45.572666, 46.191272, 43.882476, 41.669462 ] }, { "date": "2026-04-24", "close": 46.869999, "volume": 11186494, "typical_volume": 12271801.9, "trend": 39.508333, "fair_value": 30.580054, "relative_strength": 7.055931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.960398, "energy": 30.18877, "activity_lines": [ 46.289999, 46.257454, 44.437238, 42.172043 ] }, { "date": "2026-05-01", "close": 50.0, "volume": 11075341, "typical_volume": 12528648.8, "trend": 40.061667, "fair_value": 30.719361, "relative_strength": 12.604515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.679921, "energy": 42.953289, "activity_lines": [ 47.851333, 46.803636, 45.224, 42.848925 ] }, { "date": "2026-05-08", "close": 51.400002, "volume": 9018078, "typical_volume": 12720822.25, "trend": 40.626333, "fair_value": 30.842358, "relative_strength": 12.046353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.355138, "energy": 51.051423, "activity_lines": [ 49.442, 47.529818, 46.06819, 43.58043 ] }, { "date": "2026-05-15", "close": 52.310001, "volume": 14014747, "typical_volume": 13100746.8, "trend": 41.177334, "fair_value": 30.964785, "relative_strength": 13.698703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.102723, "energy": 58.90088, "activity_lines": [ 50.600667, 48.501455, 46.913048, 44.334215 ] }, { "date": "2026-05-22", "close": 54.98, "volume": 11882572, "typical_volume": 13202180.6, "trend": 41.879, "fair_value": 31.115985, "relative_strength": 18.721895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.721001, "energy": 72.479367, "activity_lines": [ 52.347334, 49.938182, 47.923048, 45.22471 ] }, { "date": "2026-05-29", "close": 52.580002, "volume": 16001013, "typical_volume": 13820550.2, "trend": 42.473334, "fair_value": 31.263129, "relative_strength": 13.287923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.074324, "energy": 69.049811, "activity_lines": [ 52.836668, 50.786364, 48.608667, 45.915097 ] }, { "date": "2026-06-05", "close": 50.220001, "volume": 1896200, "typical_volume": 13458936.7, "trend": 42.934667, "fair_value": 31.376209, "relative_strength": 9.822362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.83113, "energy": 54.731605, "activity_lines": [ 52.158668, 51.047273, 48.980381, 46.414882 ] }, { "date": "2026-06-12", "close": 40.490002, "volume": 1997977, "typical_volume": 12996872.2, "trend": 42.978667, "fair_value": 31.420842, "relative_strength": -9.257145, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.472862, "energy": 13.310766, "activity_lines": [ 48.222668, 49.415819, 48.35462, 46.257162 ] }, { "date": "2026-06-19", "close": 42.970001, "volume": 10732160, "typical_volume": 12461042.15, "trend": 43.157334, "fair_value": 31.483927, "relative_strength": -9.921989, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.572219, "energy": 17.193355, "activity_lines": [ 45.840668, 48.233092, 47.945524, 46.256603 ] }, { "date": "2026-06-26", "close": 39.889999, "volume": 2377900, "typical_volume": 11850164.9, "trend": 43.420334, "fair_value": 31.53639, "relative_strength": -14.876078, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.868103, "energy": 35.697709, "activity_lines": [ 43.054667, 46.577819, 47.235239, 46.045807 ] }, { "date": "2026-07-03", "close": 39.959999, "volume": 3381939, "typical_volume": 11329795.2, "trend": 43.652667, "fair_value": 31.597329, "relative_strength": -13.564183, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.691445, "energy": 40.708091, "activity_lines": [ 41.298, 45.08491, 46.532524, 45.822559 ] }, { "date": "2026-07-10", "close": 36.549999, "volume": 18577109, "typical_volume": 11260165.7, "trend": 43.735667, "fair_value": 31.649363, "relative_strength": -17.512047, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.731416, "energy": 62.551873, "activity_lines": [ 39.245999, 43.097637, 45.514619, 45.364323 ] }, { "date": "2026-07-17", "close": 32.580002, "volume": 8847898, "typical_volume": 10517294.2, "trend": 43.710334, "fair_value": 31.657826, "relative_strength": -18.736605, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.570988, "energy": 75.218801, "activity_lines": [ 36.782, 40.633091, 44.163143, 44.644602 ] }, { "date": "2026-07-24", "close": 31.65, "volume": 9320435, "typical_volume": 10108593.2, "trend": 43.645667, "fair_value": 31.665375, "relative_strength": -20.946068, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.854945, "energy": 76.947112, "activity_lines": [ 34.535333, 38.341637, 42.833667, 43.866516 ] }, { "date": "2026-07-31", "close": 31.93, "volume": 6699980, "typical_volume": 9759350.55, "trend": 43.548, "fair_value": 31.670036, "relative_strength": -18.48664, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.714767, "energy": 87.420395, "activity_lines": [ 33.136667, 36.476727, 41.623905, 43.110667 ] }, { "date": "2026-08-07", "close": 33.09, "volume": 7618772, "typical_volume": 9523210.05, "trend": 43.522333, "fair_value": 31.690768, "relative_strength": -19.285303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.002232, "energy": 83.406904, "activity_lines": [ 32.655334, 35.241818, 40.594524, 42.435957 ] } ], "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." } } }