{ "ticker": { "uuid": "6e619beb-993c-4e2a-96a4-fc230fdb6427", "symbol": "601606", "name": "Anhui Great Wall Military Industry Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -43.048, "architecture_energy": 29.745, "architecture_maturity": 100.0, "architecture_confidence": 88.402, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 26.38, "rotation_up": 27.73, "upward_expansion": 17.26, "deceleration": 47.0, "rotation_down": 33.34, "downward_expansion": 67.26 }, "activity_lines": [ 31.653047, 30.546565, 32.307834, 34.634794 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 32.889999, "trend_reference": 38.184247, "distance_from_trend": -0.13865, "trend_direction": "Weakening", "fair_value": 23.00195, "distance_from_fair_value": 0.429879, "fair_value_direction": "Weakening", "relative_strength": -24.372224, "relative_strength_direction": "Weakening", "price_momentum": -0.280464, "excess_performance": -0.23726, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.13865, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.14403, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.429879, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.389917, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.243722, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.12745, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.280464, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.856675, "read": "Supply-led" } ], "volume": { "latest": 200710942, "relative_activity": 2.259135, "balance": 0.856675, "dry_up": 2.086925, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.10032, "annualized_volatility": 0.523883, "from_high_reference": -0.573245, "from_low_reference": 0.3156 }, "levels": { "trend_reference": 38.184247, "fair_value_reference": 23.00195, "structural_low": 25.0, "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": 24, "median_return": -0.041049, "positive_rate": 0.291667, "directional_follow_through": 0.708333, "median_excess_return": -0.020296, "regime_survival": 0.875, "best_return": 0.196703, "worst_return": -0.173316, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.039739, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": 0.008714, "regime_survival": 0.625, "best_return": 0.229853, "worst_return": -0.255425, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.118023, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.124427, "regime_survival": 0.25, "best_return": 0.214549, "worst_return": -0.163362, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.099013, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.080148, "regime_survival": 0.0, "best_return": 0.253489, "worst_return": -0.055462, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2024-10-11", "tenure": "Extended", "return": -0.154678, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-01", "tenure": "New", "return": -0.030945, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-27", "tenure": "Developing", "return": -0.124911, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-07", "tenure": "Developing", "return": 0.164695, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.051538, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.136745, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": -0.002234, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-08", "tenure": "Developing", "return": 2.874533, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.0385, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.386439, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-11-07", "tenure": "Developing", "return": 0.143393, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2025-12-12", "tenure": "Developing", "return": -0.005136, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-02-13", "tenure": "Developing", "return": -0.068177, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-08-07", "tenure": "Established", "return": -0.286241, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 13.388048, "volume": 38034547, "typical_volume": 78383182.5, "trend": 12.875347, "fair_value": 11.957041, "relative_strength": 6.554325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.881048, "energy": 15.044696, "activity_lines": [ 13.368107, 13.390451, 13.313964, 13.223788 ] }, { "date": "2023-08-04", "close": 13.228191, "volume": 44096404, "typical_volume": 75206825.5, "trend": 12.970513, "fair_value": 11.958073, "relative_strength": 4.76961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.685741, "energy": 12.151651, "activity_lines": [ 13.295918, 13.359187, 13.315101, 13.246553 ] }, { "date": "2023-08-11", "close": 13.098308, "volume": 41144020, "typical_volume": 70571558.9, "trend": 13.054034, "fair_value": 11.947049, "relative_strength": 6.753282, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.660091, "energy": 11.316696, "activity_lines": [ 13.207543, 13.307529, 13.303287, 13.254797 ] }, { "date": "2023-08-18", "close": 14.68689, "volume": 147569493, "typical_volume": 74907547.75, "trend": 13.188181, "fair_value": 11.9509, "relative_strength": 21.647646, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.916071, "energy": 39.656358, "activity_lines": [ 13.691112, 13.554822, 13.444086, 13.360143 ] }, { "date": "2023-08-25", "close": 12.778593, "volume": 258679324, "typical_volume": 85135839.35, "trend": 13.248744, "fair_value": 11.935924, "relative_strength": 8.091059, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.563073, "energy": 11.059373, "activity_lines": [ 13.451992, 13.427319, 13.394048, 13.333718 ] }, { "date": "2023-09-01", "close": 13.058343, "volume": 123525709, "typical_volume": 88923163.05, "trend": 13.283722, "fair_value": 11.915259, "relative_strength": 7.906014, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.132936, "energy": 4.511355, "activity_lines": [ 13.326104, 13.357542, 13.370836, 13.321434 ] }, { "date": "2023-09-08", "close": 13.777701, "volume": 96700556, "typical_volume": 88624615.95, "trend": 13.341016, "fair_value": 11.894006, "relative_strength": 14.03193, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.389626, "energy": 21.037691, "activity_lines": [ 13.461983, 13.424867, 13.412752, 13.353304 ] }, { "date": "2023-09-15", "close": 13.148263, "volume": 65640393, "typical_volume": 85465971.0, "trend": 13.344414, "fair_value": 11.877849, "relative_strength": 8.557018, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.565053, "energy": 11.440888, "activity_lines": [ 13.351415, 13.375151, 13.390288, 13.340868 ] }, { "date": "2023-09-22", "close": 12.84853, "volume": 45569982, "typical_volume": 85651301.0, "trend": 13.290276, "fair_value": 11.855522, "relative_strength": 5.451524, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.712728, "energy": 14.258579, "activity_lines": [ 13.137606, 13.281598, 13.340266, 13.308875 ] }, { "date": "2023-09-29", "close": 12.718646, "volume": 30377654, "typical_volume": 82417591.2, "trend": 13.227487, "fair_value": 11.844029, "relative_strength": 4.937542, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.266781, "energy": 23.462006, "activity_lines": [ 13.003059, 13.17424, 13.280811, 13.271996 ] }, { "date": "2023-10-13", "close": 12.618736, "volume": 59848126, "typical_volume": 78907608.5, "trend": 13.209577, "fair_value": 11.835828, "relative_strength": 4.730288, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.841659, "energy": 35.771168, "activity_lines": [ 12.839205, 13.055255, 13.210171, 13.232722 ] }, { "date": "2023-10-20", "close": 12.139163, "volume": 84595050, "typical_volume": 77880267.3, "trend": 13.177343, "fair_value": 11.824553, "relative_strength": 3.998591, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.089289, "energy": 57.412123, "activity_lines": [ 12.544801, 12.863063, 13.099788, 13.163663 ] }, { "date": "2023-10-27", "close": 12.598753, "volume": 46858091, "typical_volume": 76179800.25, "trend": 13.151452, "fair_value": 11.814004, "relative_strength": 6.368454, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.41625, "energy": 50.563235, "activity_lines": [ 12.51283, 12.774233, 13.039205, 13.126334 ] }, { "date": "2023-11-03", "close": 12.328995, "volume": 44217544, "typical_volume": 75577826.95, "trend": 13.136518, "fair_value": 11.800331, "relative_strength": 3.41382, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.216781, "energy": 50.336426, "activity_lines": [ 12.427573, 12.645439, 12.95796, 13.073273 ] }, { "date": "2023-11-10", "close": 12.578772, "volume": 40352241, "typical_volume": 75016166.8, "trend": 13.12858, "fair_value": 11.79124, "relative_strength": 4.925042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.224875, "energy": 40.237872, "activity_lines": [ 12.460211, 12.60493, 12.904441, 13.037289 ] }, { "date": "2023-11-17", "close": 12.74862, "volume": 52934204, "typical_volume": 75470627.85, "trend": 13.141929, "fair_value": 11.7885, "relative_strength": 5.536554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.441437, "energy": 25.742714, "activity_lines": [ 12.558789, 12.598935, 12.869848, 13.012775 ] }, { "date": "2023-11-24", "close": 12.488852, "volume": 34285991, "typical_volume": 72110651.7, "trend": 13.129996, "fair_value": 11.790246, "relative_strength": 3.590726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.88948, "energy": 24.066936, "activity_lines": [ 12.56212, 12.551341, 12.813642, 12.970641 ] }, { "date": "2023-12-01", "close": 12.328995, "volume": 24603895, "typical_volume": 68338474.0, "trend": 13.095778, "fair_value": 11.792425, "relative_strength": 2.319434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.649834, "energy": 31.670585, "activity_lines": [ 12.488852, 12.498116, 12.747668, 12.918964 ] }, { "date": "2023-12-08", "close": 12.149155, "volume": 32919722, "typical_volume": 67547387.0, "trend": 13.051908, "fair_value": 11.793578, "relative_strength": 2.610162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.287981, "energy": 46.492314, "activity_lines": [ 12.373622, 12.427089, 12.67126, 12.857891 ] }, { "date": "2023-12-15", "close": 12.249066, "volume": 26814024, "typical_volume": 66938348.5, "trend": 13.047941, "fair_value": 11.792075, "relative_strength": 4.036694, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.495188, "energy": 53.801345, "activity_lines": [ 12.303684, 12.386943, 12.610267, 12.806095 ] }, { "date": "2023-12-22", "close": 11.899378, "volume": 30004732, "typical_volume": 66536857.75, "trend": 12.982447, "fair_value": 11.784969, "relative_strength": 1.697639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.256725, "energy": 63.530364, "activity_lines": [ 12.139164, 12.291755, 12.519919, 12.731994 ] }, { "date": "2023-12-29", "close": 12.169137, "volume": 33347813, "typical_volume": 65999428.2, "trend": 12.941238, "fair_value": 11.782003, "relative_strength": 1.545856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.213977, "energy": 51.414673, "activity_lines": [ 12.12118, 12.258694, 12.462352, 12.679523 ] }, { "date": "2024-01-05", "close": 12.229083, "volume": 35345092, "typical_volume": 65709481.8, "trend": 12.893715, "fair_value": 11.78481, "relative_strength": 3.223898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.757826, "energy": 36.498032, "activity_lines": [ 12.144492, 12.235987, 12.415536, 12.633577 ] }, { "date": "2024-01-12", "close": 12.229083, "volume": 39476580, "typical_volume": 60304836.15, "trend": 12.862816, "fair_value": 11.790027, "relative_strength": 4.474711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.159745, "energy": 31.883531, "activity_lines": [ 12.174465, 12.220001, 12.37286, 12.590698 ] }, { "date": "2024-01-19", "close": 10.810349, "volume": 46455445, "typical_volume": 49693642.2, "trend": 12.784626, "fair_value": 11.784247, "relative_strength": -6.230405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.46342, "energy": 52.796175, "activity_lines": [ 11.726199, 11.94788, 12.20677, 12.458281 ] }, { "date": "2024-01-26", "close": 10.910261, "volume": 42155431, "typical_volume": 45625128.3, "trend": 12.701455, "fair_value": 11.778219, "relative_strength": -8.077322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.905222, "energy": 68.27233, "activity_lines": [ 11.40715, 11.726078, 12.059568, 12.337354 ] }, { "date": "2024-02-02", "close": 9.221767, "volume": 38409602, "typical_volume": 42710580.6, "trend": 12.554353, "fair_value": 11.761939, "relative_strength": -17.186777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.689045, "energy": 89.301726, "activity_lines": [ 10.591212, 11.230702, 11.761786, 12.112858 ] }, { "date": "2024-02-09", "close": 9.861197, "volume": 51251253, "typical_volume": 41991123.6, "trend": 12.425242, "fair_value": 11.750392, "relative_strength": -15.544052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.557895, "energy": 85.058616, "activity_lines": [ 10.184908, 10.910987, 11.546597, 11.939106 ] }, { "date": "2024-02-23", "close": 10.380733, "volume": 46990336, "typical_volume": 42062141.3, "trend": 12.324998, "fair_value": 11.743443, "relative_strength": -15.108813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.902164, "energy": 79.232245, "activity_lines": [ 10.109642, 10.730603, 11.396541, 11.807202 ] }, { "date": "2024-03-01", "close": 10.540591, "volume": 46358707, "typical_volume": 42861193.95, "trend": 12.240407, "fair_value": 11.747855, "relative_strength": -14.203121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.855405, "energy": 66.874524, "activity_lines": [ 10.210885, 10.611436, 11.27346, 11.692079 ] }, { "date": "2024-03-08", "close": 10.480644, "volume": 44708690, "typical_volume": 42104222.15, "trend": 12.143493, "fair_value": 11.755117, "relative_strength": -14.824036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.003763, "energy": 46.84326, "activity_lines": [ 10.31013, 10.512434, 11.155042, 11.578546 ] }, { "date": "2024-03-15", "close": 10.770386, "volume": 49954684, "typical_volume": 40372203.85, "trend": 12.061566, "fair_value": 11.763411, "relative_strength": -12.356873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.832726, "energy": 31.495884, "activity_lines": [ 10.534596, 10.491907, 11.0744, 11.489958 ] }, { "date": "2024-03-22", "close": 10.880288, "volume": 42484180, "typical_volume": 40153508.3, "trend": 11.987632, "fair_value": 11.768161, "relative_strength": -11.056768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.092155, "energy": 24.812166, "activity_lines": [ 10.692455, 10.516794, 11.010742, 11.413747 ] }, { "date": "2024-03-29", "close": 10.850314, "volume": 49546419, "typical_volume": 40419952.05, "trend": 11.859746, "fair_value": 11.772593, "relative_strength": -10.90335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.243164, "energy": 20.35483, "activity_lines": [ 10.772384, 10.560755, 10.952414, 11.340371 ] }, { "date": "2024-04-05", "close": 10.850314, "volume": 21682516, "typical_volume": 39486465.8, "trend": 11.795471, "fair_value": 11.775693, "relative_strength": -11.481535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.051215, "energy": 18.026002, "activity_lines": [ 10.821007, 10.629784, 10.901126, 11.275247 ] }, { "date": "2024-04-12", "close": 10.44068, "volume": 46393883, "typical_volume": 39159449.75, "trend": 11.708215, "fair_value": 11.779781, "relative_strength": -13.231552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.507399, "energy": 20.778776, "activity_lines": [ 10.712437, 10.623608, 10.819056, 11.187841 ] }, { "date": "2024-04-19", "close": 10.730421, "volume": 58969038, "typical_volume": 40393602.1, "trend": 11.606639, "fair_value": 11.784396, "relative_strength": -12.006645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.119355, "energy": 18.512855, "activity_lines": [ 10.703112, 10.678649, 10.775571, 11.124757 ] }, { "date": "2024-04-26", "close": 10.630511, "volume": 55190156, "typical_volume": 41922915.15, "trend": 11.522714, "fair_value": 11.788813, "relative_strength": -13.377953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.720134, "energy": 23.867808, "activity_lines": [ 10.663148, 10.688095, 10.730945, 11.061781 ] }, { "date": "2024-05-03", "close": 10.540591, "volume": 18830400, "typical_volume": 41218449.05, "trend": 11.445783, "fair_value": 11.792718, "relative_strength": -14.352649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.05143, "energy": 27.113091, "activity_lines": [ 10.609862, 10.667205, 10.685842, 10.998419 ] }, { "date": "2024-05-10", "close": 10.660484, "volume": 48005315, "typical_volume": 42278013.6, "trend": 11.377177, "fair_value": 11.797391, "relative_strength": -14.478503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.199471, "energy": 21.72399, "activity_lines": [ 10.617189, 10.665207, 10.659818, 10.947754 ] }, { "date": "2024-05-17", "close": 10.360751, "volume": 32270102, "typical_volume": 42391282.1, "trend": 11.301911, "fair_value": 11.799508, "relative_strength": -16.563456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.625127, "energy": 36.912155, "activity_lines": [ 10.53726, 10.606532, 10.612812, 10.882178 ] }, { "date": "2024-05-24", "close": 11.08011, "volume": 115857352, "typical_volume": 46516759.05, "trend": 11.266609, "fair_value": 11.805159, "relative_strength": -8.802473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.124574, "energy": 11.559637, "activity_lines": [ 10.702447, 10.680829, 10.641643, 10.867869 ] }, { "date": "2024-05-31", "close": 10.380733, "volume": 104896685, "typical_volume": 49994338.7, "trend": 11.192675, "fair_value": 11.809054, "relative_strength": -14.141135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.248234, "energy": 21.271231, "activity_lines": [ 10.611194, 10.622336, 10.609053, 10.810715 ] }, { "date": "2024-06-07", "close": 10.110974, "volume": 74936184, "typical_volume": 51767318.9, "trend": 11.118741, "fair_value": 11.811156, "relative_strength": -15.040008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.247548, "energy": 31.510542, "activity_lines": [ 10.446675, 10.523878, 10.559574, 10.740928 ] }, { "date": "2024-06-14", "close": 10.170921, "volume": 37300185, "typical_volume": 51309555.9, "trend": 11.03848, "fair_value": 11.808822, "relative_strength": -13.638845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.265448, "energy": 31.662276, "activity_lines": [ 10.330778, 10.449763, 10.52589, 10.679778 ] }, { "date": "2024-06-21", "close": 9.741304, "volume": 37251866, "typical_volume": 51064377.65, "trend": 10.938236, "fair_value": 11.804433, "relative_strength": -15.993032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.64797, "energy": 59.164747, "activity_lines": [ 10.104313, 10.309888, 10.454334, 10.59609 ] }, { "date": "2024-06-28", "close": 9.551475, "volume": 33002417, "typical_volume": 50794018.4, "trend": 10.840323, "fair_value": 11.797241, "relative_strength": -16.444418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.083871, "energy": 70.0175, "activity_lines": [ 9.855869, 10.148214, 10.370267, 10.506621 ] }, { "date": "2024-07-05", "close": 9.311687, "volume": 19615732, "typical_volume": 49212242.35, "trend": 10.739746, "fair_value": 11.791239, "relative_strength": -17.633943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.96367, "energy": 75.12702, "activity_lines": [ 9.629404, 9.964378, 10.261792, 10.407999 ] }, { "date": "2024-07-12", "close": 9.021946, "volume": 33638983, "typical_volume": 48544674.7, "trend": 10.635506, "fair_value": 11.781985, "relative_strength": -20.281832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.972612, "energy": 80.481908, "activity_lines": [ 9.377629, 9.75184, 10.12834, 10.297174 ] }, { "date": "2024-07-19", "close": 9.29, "volume": 20698900, "typical_volume": 47261684.35, "trend": 10.53687, "fair_value": 11.774575, "relative_strength": -17.72564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.508821, "energy": 77.406116, "activity_lines": [ 9.287807, 9.615651, 10.026887, 10.210367 ] }, { "date": "2024-07-26", "close": 9.49, "volume": 26144656, "typical_volume": 46333482.65, "trend": 10.456558, "fair_value": 11.767941, "relative_strength": -12.91983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.982676, "energy": 67.854158, "activity_lines": [ 9.323379, 9.540744, 9.950437, 10.142827 ] }, { "date": "2024-08-02", "close": 10.06, "volume": 44529554, "typical_volume": 46062226.15, "trend": 10.386253, "fair_value": 11.769462, "relative_strength": -7.835217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.291227, "energy": 39.950183, "activity_lines": [ 9.565705, 9.585305, 9.93299, 10.117242 ] }, { "date": "2024-08-09", "close": 9.72, "volume": 44161296, "typical_volume": 46146081.95, "trend": 10.302617, "fair_value": 11.768106, "relative_strength": -9.287061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.629171, "energy": 25.495752, "activity_lines": [ 9.660796, 9.586595, 9.886544, 10.074258 ] }, { "date": "2024-08-16", "close": 9.43, "volume": 58924372, "typical_volume": 46614979.6, "trend": 10.209314, "fair_value": 11.762545, "relative_strength": -12.182831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.626398, "energy": 22.685046, "activity_lines": [ 9.632, 9.547171, 9.818005, 10.01796 ] }, { "date": "2024-08-23", "close": 9.11, "volume": 22071243, "typical_volume": 46634415.95, "trend": 10.152636, "fair_value": 11.744675, "relative_strength": -14.012043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.115596, "energy": 30.365942, "activity_lines": [ 9.469333, 9.461947, 9.725753, 9.947037 ] }, { "date": "2024-08-30", "close": 9.19, "volume": 19500300, "typical_volume": 45289736.8, "trend": 10.095294, "fair_value": 11.721646, "relative_strength": -12.223853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.908565, "energy": 43.027302, "activity_lines": [ 9.345333, 9.410558, 9.649408, 9.884931 ] }, { "date": "2024-09-06", "close": 9.1, "volume": 20975700, "typical_volume": 43390069.9, "trend": 10.091235, "fair_value": 11.698996, "relative_strength": -10.269982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.948607, "energy": 59.065068, "activity_lines": [ 9.211333, 9.352829, 9.570446, 9.820719 ] }, { "date": "2024-09-13", "close": 9.05, "volume": 38401758, "typical_volume": 42550650.0, "trend": 10.064195, "fair_value": 11.67456, "relative_strength": -8.33165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.626796, "energy": 61.39457, "activity_lines": [ 9.124667, 9.294217, 9.494487, 9.753542 ] }, { "date": "2024-09-20", "close": 9.18, "volume": 18747300, "typical_volume": 42546495.0, "trend": 10.024171, "fair_value": 11.642356, "relative_strength": -7.607754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.101217, "energy": 53.423558, "activity_lines": [ 9.126, 9.264, 9.438434, 9.696498 ] }, { "date": "2024-09-27", "close": 10.05, "volume": 48911669, "typical_volume": 42591812.7, "trend": 10.007818, "fair_value": 11.621336, "relative_strength": -9.881834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.228102, "energy": 17.272499, "activity_lines": [ 9.434, 9.389091, 9.471718, 9.698164 ] }, { "date": "2024-10-04", "close": 10.89, "volume": 31284738, "typical_volume": 42542544.5, "trend": 10.021463, "fair_value": 11.611626, "relative_strength": -9.231285, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.513616, "energy": 22.396903, "activity_lines": [ 9.959333, 9.653091, 9.587909, 9.755079 ] }, { "date": "2024-10-11", "close": 10.65, "volume": 105870811, "typical_volume": 42043217.45, "trend": 10.01745, "fair_value": 11.599995, "relative_strength": -7.570301, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.317184, "energy": 36.643149, "activity_lines": [ 10.291333, 9.848, 9.678723, 9.79563 ] }, { "date": "2024-10-18", "close": 12.28, "volume": 336231614, "typical_volume": 53609963.9, "trend": 10.064107, "fair_value": 11.60665, "relative_strength": 5.325847, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.189684, "energy": 61.003054, "activity_lines": [ 11.063333, 10.328545, 9.926823, 9.941601 ] }, { "date": "2024-10-25", "close": 11.96, "volume": 179130983, "typical_volume": 58819703.85, "trend": 10.101097, "fair_value": 11.60947, "relative_strength": 1.638804, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.274948, "energy": 73.702604, "activity_lines": [ 11.513333, 10.704364, 10.135402, 10.063916 ] }, { "date": "2024-11-01", "close": 11.9, "volume": 180015470, "typical_volume": 65955468.1, "trend": 10.136086, "fair_value": 11.616939, "relative_strength": 2.281313, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.230534, "energy": 81.794592, "activity_lines": [ 11.758, 11.023273, 10.329462, 10.179975 ] }, { "date": "2024-11-08", "close": 14.01, "volume": 219979959, "typical_volume": 75091872.75, "trend": 10.255064, "fair_value": 11.635894, "relative_strength": 14.134599, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.485475, "energy": 93.263717, "activity_lines": [ 12.582667, 11.675091, 10.716241, 10.429904 ] }, { "date": "2024-11-15", "close": 12.26, "volume": 247741106, "typical_volume": 85828807.2, "trend": 10.30605, "fair_value": 11.639936, "relative_strength": 3.780723, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.582808, "energy": 72.056983, "activity_lines": [ 12.616, 11.921091, 10.916027, 10.559255 ] }, { "date": "2024-11-22", "close": 13.65, "volume": 138034387, "typical_volume": 91749739.95, "trend": 10.406699, "fair_value": 11.657221, "relative_strength": 17.791436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.654768, "energy": 66.013074, "activity_lines": [ 13.005333, 12.362364, 11.235295, 10.774994 ] }, { "date": "2024-11-29", "close": 12.97, "volume": 268515151, "typical_volume": 103493548.35, "trend": 10.48768, "fair_value": 11.669319, "relative_strength": 10.053414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.698471, "energy": 53.137144, "activity_lines": [ 13.076667, 12.596364, 11.469143, 10.940368 ] }, { "date": "2024-12-06", "close": 13.8, "volume": 189509840, "typical_volume": 111934095.35, "trend": 10.59233, "fair_value": 11.680174, "relative_strength": 14.434083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.70312, "energy": 51.411339, "activity_lines": [ 13.357333, 12.912364, 11.763238, 11.154066 ] }, { "date": "2024-12-13", "close": 13.15, "volume": 144427568, "typical_volume": 117848240.95, "trend": 10.685305, "fair_value": 11.677942, "relative_strength": 9.563691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.942611, "energy": 46.405797, "activity_lines": [ 13.294667, 13.042, 11.973952, 11.319077 ] }, { "date": "2024-12-20", "close": 12.62, "volume": 75357261, "typical_volume": 119389626.3, "trend": 10.736635, "fair_value": 11.672823, "relative_strength": 6.13092, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.317322, "energy": 38.136566, "activity_lines": [ 13.112667, 13.034182, 12.116762, 11.443896 ] }, { "date": "2024-12-27", "close": 12.26, "volume": 79200534, "typical_volume": 121141588.2, "trend": 10.799277, "fair_value": 11.671513, "relative_strength": 2.396741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.719976, "energy": 28.268346, "activity_lines": [ 12.786667, 12.925091, 12.213095, 11.542178 ] }, { "date": "2025-01-03", "close": 10.99, "volume": 46288168, "typical_volume": 120509778.0, "trend": 10.828578, "fair_value": 11.662125, "relative_strength": -2.460578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.498625, "energy": 16.644337, "activity_lines": [ 12.13, 12.585455, 12.176381, 11.554483 ] }, { "date": "2025-01-10", "close": 10.96, "volume": 40510125, "typical_volume": 121431722.1, "trend": 10.85488, "fair_value": 11.652418, "relative_strength": -1.02124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.170061, "energy": 17.864356, "activity_lines": [ 11.595333, 12.258, 12.129381, 11.562962 ] }, { "date": "2025-01-17", "close": 11.5, "volume": 59845888, "typical_volume": 123449001.5, "trend": 10.913504, "fair_value": 11.646364, "relative_strength": 1.897505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.033171, "energy": 18.954281, "activity_lines": [ 11.43, 12.045818, 12.125, 11.604582 ] }, { "date": "2025-01-24", "close": 11.17, "volume": 35624777, "typical_volume": 124181455.35, "trend": 10.967454, "fair_value": 11.638449, "relative_strength": -1.146318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.366911, "energy": 18.793829, "activity_lines": [ 11.264667, 11.819273, 12.07819, 11.62113 ] }, { "date": "2025-01-31", "close": 11.02, "volume": 5591500, "typical_volume": 122540942.45, "trend": 11.024398, "fair_value": 11.626322, "relative_strength": -2.218841, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.359517, "energy": 17.020854, "activity_lines": [ 11.146, 11.585273, 12.007238, 11.62452 ] }, { "date": "2025-02-07", "close": 11.54, "volume": 26716366, "typical_volume": 122939395.75, "trend": 11.108333, "fair_value": 11.623837, "relative_strength": 0.685992, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.544522, "energy": 18.140158, "activity_lines": [ 11.283333, 11.493636, 11.976429, 11.657785 ] }, { "date": "2025-02-14", "close": 12.14, "volume": 167297500, "typical_volume": 128858687.3, "trend": 11.203333, "fair_value": 11.626346, "relative_strength": 4.450229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.772662, "energy": 13.533882, "activity_lines": [ 11.584, 11.537091, 11.991524, 11.724344 ] }, { "date": "2025-02-21", "close": 12.44, "volume": 93860296, "typical_volume": 131987465.2, "trend": 11.301667, "fair_value": 11.634727, "relative_strength": 5.872499, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.96288, "energy": 19.837188, "activity_lines": [ 11.906, 11.665273, 12.025238, 11.804129 ] }, { "date": "2025-02-28", "close": 12.0, "volume": 65606421, "typical_volume": 129974245.7, "trend": 11.366333, "fair_value": 11.642455, "relative_strength": 3.842723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.564648, "energy": 23.308675, "activity_lines": [ 12.018667, 11.726364, 12.009667, 11.849183 ] }, { "date": "2025-03-07", "close": 12.8, "volume": 115495331, "typical_volume": 118937431.55, "trend": 11.469, "fair_value": 11.653845, "relative_strength": 8.855935, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.13885, "energy": 36.066139, "activity_lines": [ 12.342667, 11.944182, 12.063857, 11.941677 ] }, { "date": "2025-03-14", "close": 13.0, "volume": 129422936, "typical_volume": 116452029.2, "trend": 11.588, "fair_value": 11.662503, "relative_strength": 8.871164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.073783, "energy": 54.233092, "activity_lines": [ 12.614667, 12.188545, 12.134619, 12.040452 ] }, { "date": "2025-03-21", "close": 12.84, "volume": 82184834, "typical_volume": 111560497.4, "trend": 11.712333, "fair_value": 11.664401, "relative_strength": 9.132218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.483596, "energy": 56.380506, "activity_lines": [ 12.736, 12.367273, 12.18519, 12.121226 ] }, { "date": "2025-03-28", "close": 12.07, "volume": 53116833, "typical_volume": 103217341.1, "trend": 11.808333, "fair_value": 11.666396, "relative_strength": 2.982551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.415235, "energy": 41.94756, "activity_lines": [ 12.554, 12.371818, 12.157952, 12.144301 ] }, { "date": "2025-04-04", "close": 11.99, "volume": 36791800, "typical_volume": 92669875.8, "trend": 11.904667, "fair_value": 11.674124, "relative_strength": 2.554989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.952048, "energy": 20.462749, "activity_lines": [ 12.37, 12.351455, 12.132333, 12.156022 ] }, { "date": "2025-04-11", "close": 12.33, "volume": 131541243, "typical_volume": 92345218.6, "trend": 12.014, "fair_value": 11.686961, "relative_strength": 8.634165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.871642, "energy": 10.498943, "activity_lines": [ 12.3, 12.378, 12.140381, 12.183462 ] }, { "date": "2025-04-18", "close": 11.92, "volume": 65434700, "typical_volume": 82191196.05, "trend": 12.105333, "fair_value": 11.696852, "relative_strength": 3.709764, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.789945, "energy": 11.331702, "activity_lines": [ 12.124667, 12.306182, 12.115667, 12.177398 ] }, { "date": "2025-04-25", "close": 11.71, "volume": 38837200, "typical_volume": 74657564.05, "trend": 12.160667, "fair_value": 11.705715, "relative_strength": 1.253731, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.216517, "energy": 18.336872, "activity_lines": [ 11.951333, 12.189273, 12.075952, 12.151892 ] }, { "date": "2025-05-02", "close": 12.04, "volume": 34435052, "typical_volume": 69157938.25, "trend": 12.199, "fair_value": 11.713125, "relative_strength": 4.457593, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.299856, "energy": 20.257248, "activity_lines": [ 11.963333, 12.140182, 12.077619, 12.144108 ] }, { "date": "2025-05-09", "close": 13.11, "volume": 151974318, "typical_volume": 72988791.1, "trend": 12.281, "fair_value": 11.719876, "relative_strength": 11.266964, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.150493, "energy": 7.502635, "activity_lines": [ 12.334, 12.292909, 12.186476, 12.202882 ] }, { "date": "2025-05-16", "close": 13.35, "volume": 277710191, "typical_volume": 82914273.95, "trend": 12.316667, "fair_value": 11.73288, "relative_strength": 12.03192, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.049355, "energy": 33.079213, "activity_lines": [ 12.71, 12.469091, 12.315857, 12.271849 ] }, { "date": "2025-05-23", "close": 13.55, "volume": 167100447, "typical_volume": 88954887.9, "trend": 12.369667, "fair_value": 11.754813, "relative_strength": 14.073645, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.174157, "energy": 49.387332, "activity_lines": [ 13.084667, 12.671636, 12.459095, 12.351419 ] }, { "date": "2025-05-30", "close": 13.43, "volume": 85795470, "typical_volume": 91219155.15, "trend": 12.420667, "fair_value": 11.774383, "relative_strength": 12.696779, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.313841, "energy": 55.325393, "activity_lines": [ 13.310667, 12.842364, 12.578714, 12.419828 ] }, { "date": "2025-06-06", "close": 13.4, "volume": 129674985, "typical_volume": 94710610.0, "trend": 12.400333, "fair_value": 11.794015, "relative_strength": 10.801367, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 58.600465, "energy": 63.875734, "activity_lines": [ 13.412, 12.996909, 12.683714, 12.483011 ] }, { "date": "2025-06-13", "close": 13.39, "volume": 111999069, "typical_volume": 98529324.6, "trend": 12.438, "fair_value": 11.812628, "relative_strength": 10.628815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.429251, "energy": 56.514056, "activity_lines": [ 13.419333, 13.125455, 12.778714, 12.54686 ] }, { "date": "2025-06-20", "close": 18.360001, "volume": 388662485, "typical_volume": 117682873.85, "trend": 12.595, "fair_value": 11.859532, "relative_strength": 50.672301, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.289007, "energy": 85.37955, "activity_lines": [ 15.064667, 14.132182, 13.336476, 12.928925 ] }, { "date": "2025-06-27", "close": 26.41, "volume": 572837745, "typical_volume": 144988942.8, "trend": 13.043, "fair_value": 11.953578, "relative_strength": 107.713564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.547596, "energy": 97.901953, "activity_lines": [ 19.059334, 16.492909, 14.625952, 13.820215 ] }, { "date": "2025-07-04", "close": 28.280001, "volume": 579181757, "typical_volume": 165583155.65, "trend": 13.525667, "fair_value": 12.06216, "relative_strength": 113.817038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.920186, "energy": 98.376164, "activity_lines": [ 22.820001, 18.930182, 16.022714, 14.803247 ] }, { "date": "2025-07-11", "close": 28.129999, "volume": 416532342, "typical_volume": 181716757.95, "trend": 14.025, "fair_value": 12.170991, "relative_strength": 105.231672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.070964, "energy": 95.772781, "activity_lines": [ 25.540667, 21.038909, 17.328333, 15.745462 ] }, { "date": "2025-07-18", "close": 29.219999, "volume": 463550039, "typical_volume": 201613938.85, "trend": 14.578333, "fair_value": 12.284963, "relative_strength": 106.478972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.065389, "energy": 93.677454, "activity_lines": [ 27.642666, 23.053273, 18.663048, 16.725785 ] }, { "date": "2025-07-25", "close": 28.719999, "volume": 484608218, "typical_volume": 220069583.2, "trend": 15.127, "fair_value": 12.39413, "relative_strength": 95.189292, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.515654, "energy": 89.336659, "activity_lines": [ 28.522666, 24.683818, 19.868143, 17.63815 ] }, { "date": "2025-08-01", "close": 35.299999, "volume": 588394756, "typical_volume": 243018174.2, "trend": 15.937333, "fair_value": 12.54535, "relative_strength": 135.055621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.638848, "energy": 76.871066, "activity_lines": [ 30.905332, 27.231272, 21.624095, 18.939634 ] }, { "date": "2025-08-08", "close": 51.880001, "volume": 496460041, "typical_volume": 263731934.55, "trend": 17.301333, "fair_value": 12.803682, "relative_strength": 222.333253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.052421, "energy": 79.160695, "activity_lines": [ 38.222, 32.397818, 24.852905, 21.258516 ] }, { "date": "2025-08-15", "close": 60.259998, "volume": 502019152, "typical_volume": 286177050.5, "trend": 18.926667, "fair_value": 13.110554, "relative_strength": 248.442462, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 97.928836, "energy": 78.922671, "activity_lines": [ 46.758666, 38.388909, 28.693904, 24.030043 ] }, { "date": "2025-08-22", "close": 62.580002, "volume": 444049043, "typical_volume": 306539912.65, "trend": 20.640333, "fair_value": 13.43396, "relative_strength": 231.704707, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.304239, "energy": 77.943762, "activity_lines": [ 53.926667, 43.949818, 32.526381, 26.846387 ] }, { "date": "2025-08-29", "close": 69.169998, "volume": 354094290, "typical_volume": 317667565.0, "trend": 22.578667, "fair_value": 13.788612, "relative_strength": 243.870773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.433917, "energy": 93.406091, "activity_lines": [ 61.067333, 49.814545, 36.745571, 29.977333 ] }, { "date": "2025-09-05", "close": 53.549999, "volume": 415494616, "typical_volume": 335170560.8, "trend": 23.979, "fair_value": 14.047995, "relative_strength": 159.109832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.212604, "energy": 68.154461, "activity_lines": [ 60.304666, 51.915454, 39.206476, 31.975484 ] }, { "date": "2025-09-12", "close": 49.950001, "volume": 383385935, "typical_volume": 352397997.55, "trend": 25.239333, "fair_value": 14.285516, "relative_strength": 130.256129, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.643661, "energy": 65.10642, "activity_lines": [ 57.125333, 52.868363, 41.126285, 33.651032 ] }, { "date": "2025-09-19", "close": 46.91, "volume": 246947057, "typical_volume": 363023597.8, "trend": 26.388333, "fair_value": 14.509944, "relative_strength": 112.590934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.122764, "energy": 53.408159, "activity_lines": [ 53.061333, 52.874545, 42.574476, 35.04914 ] }, { "date": "2025-09-26", "close": 42.439999, "volume": 193100497, "typical_volume": 365079906.75, "trend": 27.403, "fair_value": 14.704567, "relative_strength": 87.053578, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.650618, "energy": 30.455616, "activity_lines": [ 48.397333, 51.726545, 43.430904, 36.084731 ] }, { "date": "2025-10-03", "close": 42.68, "volume": 70186253, "typical_volume": 354703709.85, "trend": 28.399, "fair_value": 14.897723, "relative_strength": 80.925867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.306092, "energy": 30.124253, "activity_lines": [ 45.156, 50.381818, 44.170524, 37.070344 ] }, { "date": "2025-10-10", "close": 47.200001, "volume": 122040420, "typical_volume": 352450708.5, "trend": 29.539, "fair_value": 15.12548, "relative_strength": 93.951335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.534612, "energy": 27.083948, "activity_lines": [ 45.187334, 49.605091, 45.200952, 38.283312 ] }, { "date": "2025-10-17", "close": 49.57, "volume": 495535099, "typical_volume": 372937689.95, "trend": 30.763333, "fair_value": 15.367598, "relative_strength": 101.066002, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.437546, "energy": 22.630331, "activity_lines": [ 46.432, 49.042909, 46.296857, 39.575634 ] }, { "date": "2025-10-24", "close": 51.27, "volume": 270862245, "typical_volume": 379997052.95, "trend": 32.07, "fair_value": 15.62867, "relative_strength": 96.632262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.518214, "energy": 26.661126, "activity_lines": [ 48.268667, 48.831818, 47.382571, 40.898645 ] }, { "date": "2025-10-31", "close": 51.259998, "volume": 415203646, "typical_volume": 395157281.8, "trend": 33.379, "fair_value": 15.887312, "relative_strength": 91.177487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.25516, "energy": 34.31176, "activity_lines": [ 49.811333, 48.782363, 48.287, 42.136709 ] }, { "date": "2025-11-07", "close": 48.799999, "volume": 214256706, "typical_volume": 386436992.85, "trend": 34.594666, "fair_value": 16.129737, "relative_strength": 75.9877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.644183, "energy": 30.717039, "activity_lines": [ 49.945999, 48.491454, 48.776809, 43.131613 ] }, { "date": "2025-11-14", "close": 48.68, "volume": 165629176, "typical_volume": 366076564.4, "trend": 35.82, "fair_value": 16.375358, "relative_strength": 71.808372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.886334, "energy": 29.75503, "activity_lines": [ 49.632666, 48.549091, 49.110238, 44.040344 ] }, { "date": "2025-11-21", "close": 52.209999, "volume": 419621634, "typical_volume": 358098558.25, "trend": 37.17, "fair_value": 16.638171, "relative_strength": 86.965085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.996542, "energy": 31.843584, "activity_lines": [ 50.397333, 49.33709, 49.673809, 45.097763 ] }, { "date": "2025-11-28", "close": 52.950001, "volume": 427106740, "typical_volume": 358627278.15, "trend": 38.533666, "fair_value": 16.906176, "relative_strength": 82.317358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.811654, "energy": 34.468383, "activity_lines": [ 51.232666, 50.218545, 50.193904, 46.115828 ] }, { "date": "2025-12-05", "close": 49.860001, "volume": 193459799, "typical_volume": 345122766.15, "trend": 39.758667, "fair_value": 17.15546, "relative_strength": 67.295841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.578086, "energy": 33.375788, "activity_lines": [ 50.926, 50.428364, 50.301524, 46.846559 ] }, { "date": "2025-12-12", "close": 48.43, "volume": 125006992, "typical_volume": 327142704.85, "trend": 40.928, "fair_value": 17.39756, "relative_strength": 59.613418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.353735, "energy": 26.58553, "activity_lines": [ 50.236, 50.243273, 50.174667, 47.406 ] }, { "date": "2025-12-19", "close": 48.110001, "volume": 132308063, "typical_volume": 304338370.2, "trend": 42.08, "fair_value": 17.636521, "relative_strength": 55.215997, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.9735, "energy": 15.685631, "activity_lines": [ 49.464001, 49.895455, 49.923476, 47.869355 ] }, { "date": "2025-12-26", "close": 47.939999, "volume": 108299167, "typical_volume": 284930326.5, "trend": 43.230333, "fair_value": 17.873881, "relative_strength": 48.76172, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.285748, "energy": 10.810426, "activity_lines": [ 48.673333, 49.500182, 49.595095, 48.247419 ] }, { "date": "2026-01-02", "close": 48.119999, "volume": 125564342, "typical_volume": 266107586.0, "trend": 44.387666, "fair_value": 18.114057, "relative_strength": 46.118446, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.227298, "energy": 10.901518, "activity_lines": [ 48.227333, 49.167273, 49.302619, 48.562882 ] }, { "date": "2026-01-09", "close": 51.970001, "volume": 266473698, "typical_volume": 257228818.75, "trend": 45.673666, "fair_value": 18.382174, "relative_strength": 48.845795, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.446442, "energy": 14.490467, "activity_lines": [ 49.386667, 49.591636, 49.434619, 49.052064 ] }, { "date": "2026-01-16", "close": 48.279999, "volume": 197801788, "typical_volume": 249414193.65, "trend": 46.671, "fair_value": 18.625166, "relative_strength": 36.35686, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.910696, "energy": 7.490154, "activity_lines": [ 49.175333, 49.332182, 49.265714, 49.220215 ] }, { "date": "2026-01-23", "close": 47.689999, "volume": 82524657, "typical_volume": 232765695.7, "trend": 47.380333, "fair_value": 18.862969, "relative_strength": 31.208612, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.677925, "energy": 1.796453, "activity_lines": [ 48.777333, 48.974909, 49.140095, 49.285957 ] }, { "date": "2026-01-30", "close": 45.709999, "volume": 80338227, "typical_volume": 217613310.3, "trend": 47.961333, "fair_value": 19.087633, "relative_strength": 24.221421, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.573217, "energy": 21.535425, "activity_lines": [ 47.747333, 48.275636, 48.853809, 49.178193 ] }, { "date": "2026-02-06", "close": 44.080002, "volume": 64884395, "typical_volume": 208510177.2, "trend": 48.493, "fair_value": 19.29993, "relative_strength": 19.445514, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.509861, "energy": 46.996675, "activity_lines": [ 46.322667, 47.398182, 48.432476, 48.927785 ] }, { "date": "2026-02-13", "close": 44.830002, "volume": 62620542, "typical_volume": 201986179.45, "trend": 49.013333, "fair_value": 19.510321, "relative_strength": 19.130837, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.885189, "energy": 61.848614, "activity_lines": [ 45.417334, 46.818364, 48.096048, 48.691462 ] }, { "date": "2026-02-27", "close": 46.080002, "volume": 74394603, "typical_volume": 202196596.95, "trend": 49.592, "fair_value": 19.728405, "relative_strength": 18.253109, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.817503, "energy": 63.500263, "activity_lines": [ 45.404668, 46.557273, 47.867286, 48.502215 ] }, { "date": "2026-03-06", "close": 45.5, "volume": 189720606, "typical_volume": 205580606.25, "trend": 49.932, "fair_value": 19.936441, "relative_strength": 16.090563, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.043852, "energy": 59.857833, "activity_lines": [ 45.345334, 46.233455, 47.567096, 48.238215 ] }, { "date": "2026-03-13", "close": 43.720001, "volume": 74967255, "typical_volume": 184552214.05, "trend": 49.66, "fair_value": 20.123924, "relative_strength": 10.789539, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.840918, "energy": 58.301326, "activity_lines": [ 44.838668, 45.633455, 47.105477, 47.837441 ] }, { "date": "2026-03-20", "close": 38.580002, "volume": 59592285, "typical_volume": 173988716.05, "trend": 48.937333, "fair_value": 20.277627, "relative_strength": -0.003404, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.463659, "energy": 75.785642, "activity_lines": [ 42.751335, 44.175637, 46.182191, 47.122602 ] }, { "date": "2026-03-27", "close": 42.830002, "volume": 205151049, "typical_volume": 163486086.2, "trend": 48.279, "fair_value": 20.467845, "relative_strength": 10.685255, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.710278, "energy": 59.338595, "activity_lines": [ 42.447335, 43.664001, 45.724096, 46.728581 ] }, { "date": "2026-04-03", "close": 39.009998, "volume": 132700496, "typical_volume": 159408275.7, "trend": 47.273667, "fair_value": 20.633895, "relative_strength": 0.426603, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.120285, "energy": 70.995534, "activity_lines": [ 41.003334, 42.624001, 44.942334, 46.130581 ] }, { "date": "2026-04-10", "close": 39.720001, "volume": 62677838, "typical_volume": 154260708.8, "trend": 46.812667, "fair_value": 20.80277, "relative_strength": -1.672398, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.671728, "energy": 70.77345, "activity_lines": [ 40.267334, 41.881637, 44.27481, 45.643248 ] }, { "date": "2026-04-17", "close": 39.549999, "volume": 66907222, "typical_volume": 136624988.2, "trend": 46.466, "fair_value": 20.974392, "relative_strength": -4.745196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.927382, "energy": 60.345814, "activity_lines": [ 39.86, 41.253273, 43.633762, 45.174688 ] }, { "date": "2026-04-24", "close": 38.549999, "volume": 91094520, "typical_volume": 119824377.2, "trend": 46.187333, "fair_value": 21.139347, "relative_strength": -8.796172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.107598, "energy": 68.923187, "activity_lines": [ 39.397333, 40.555091, 42.957762, 44.663979 ] }, { "date": "2026-05-01", "close": 37.619999, "volume": 42509579, "typical_volume": 112276866.2, "trend": 46.026667, "fair_value": 21.301347, "relative_strength": -12.602271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.758014, "energy": 66.269684, "activity_lines": [ 38.626666, 39.788363, 42.261762, 44.111247 ] }, { "date": "2026-05-08", "close": 39.07, "volume": 46724121, "typical_volume": 108362722.65, "trend": 45.906333, "fair_value": 21.469444, "relative_strength": -11.627189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.791331, "energy": 52.19076, "activity_lines": [ 38.686666, 39.416363, 41.762143, 43.66243 ] }, { "date": "2026-05-15", "close": 38.139999, "volume": 114579995, "typical_volume": 107476319.25, "trend": 45.604333, "fair_value": 21.628318, "relative_strength": -13.633385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.868384, "energy": 49.232907, "activity_lines": [ 38.432666, 39.002727, 41.218524, 43.161376 ] }, { "date": "2026-05-22", "close": 36.68, "volume": 41458173, "typical_volume": 104134269.55, "trend": 45.174667, "fair_value": 21.777131, "relative_strength": -17.223769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.25012, "energy": 51.146016, "activity_lines": [ 37.797333, 38.457454, 40.583333, 42.585613 ] }, { "date": "2026-05-29", "close": 34.310001, "volume": 49676763, "typical_volume": 100339890.6, "trend": 44.609333, "fair_value": 21.917784, "relative_strength": -22.336578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.503968, "energy": 55.707792, "activity_lines": [ 36.563333, 37.609273, 39.776048, 41.884667 ] }, { "date": "2026-06-05", "close": 31.98, "volume": 10875997, "typical_volume": 87560005.55, "trend": 43.966667, "fair_value": 22.033911, "relative_strength": -27.382024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.929683, "energy": 78.06896, "activity_lines": [ 34.835333, 36.415091, 38.812619, 41.069871 ] }, { "date": "2026-06-12", "close": 32.0051, "volume": 18709574, "typical_volume": 78605394.85, "trend": 43.406837, "fair_value": 22.15314, "relative_strength": -27.897902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.890232, "energy": 85.184698, "activity_lines": [ 33.4917, 35.422745, 37.946772, 40.298157 ] }, { "date": "2026-06-19", "close": 30.495333, "volume": 44976264, "typical_volume": 76727975.2, "trend": 42.800681, "fair_value": 22.261092, "relative_strength": -32.699791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.801754, "energy": 91.012416, "activity_lines": [ 32.115804, 34.283259, 37.014636, 39.465157 ] }, { "date": "2026-06-26", "close": 27.845739, "volume": 11838547, "typical_volume": 73302991.2, "trend": 41.988539, "fair_value": 22.355257, "relative_strength": -37.739267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.04922, "energy": 95.397696, "activity_lines": [ 30.366355, 32.829749, 35.912038, 38.500322 ] }, { "date": "2026-07-03", "close": 29.175535, "volume": 18767945, "typical_volume": 70997168.7, "trend": 41.196057, "fair_value": 22.457946, "relative_strength": -34.974152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.564412, "energy": 90.471857, "activity_lines": [ 29.649122, 31.830825, 35.021154, 37.673676 ] }, { "date": "2026-07-10", "close": 28.015713, "volume": 76590442, "typical_volume": 71695663.7, "trend": 40.467914, "fair_value": 22.551602, "relative_strength": -36.692844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.021089, "energy": 91.301559, "activity_lines": [ 28.887579, 30.791469, 34.090786, 36.823332 ] }, { "date": "2026-07-17", "close": 25.209999, "volume": 57432797, "typical_volume": 70847573.4, "trend": 39.693914, "fair_value": 22.625802, "relative_strength": -39.383127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.8866, "energy": 94.100204, "activity_lines": [ 27.455084, 29.416607, 32.973274, 35.83895 ] }, { "date": "2026-07-24", "close": 32.049999, "volume": 105871030, "typical_volume": 66655094.6, "trend": 39.158581, "fair_value": 22.743208, "relative_strength": -23.965546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.514882, "energy": 64.434197, "activity_lines": [ 28.755596, 29.537381, 32.606572, 35.345794 ] }, { "date": "2026-07-31", "close": 33.939999, "volume": 377629452, "typical_volume": 81788204.45, "trend": 38.691914, "fair_value": 22.874952, "relative_strength": -19.981681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.004122, "energy": 44.68894, "activity_lines": [ 30.582463, 30.112518, 32.483917, 35.009112 ] }, { "date": "2026-08-07", "close": 32.889999, "volume": 200710942, "typical_volume": 88844137.3, "trend": 38.184247, "fair_value": 23.00195, "relative_strength": -24.372224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.048099, "energy": 29.744769, "activity_lines": [ 31.653047, 30.546565, 32.307834, 34.634794 ] } ], "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." } } }