{ "ticker": { "uuid": "6ff830e6-7757-4dc3-90fa-8aa81c1d1eb7", "symbol": "605378", "name": "Zhejiang Mustang Battery 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": -65.33, "architecture_energy": 64.312, "architecture_maturity": 100.0, "architecture_confidence": 95.488, "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": 8.22, "rotation_up": 24.11, "upward_expansion": 12.0, "deceleration": 60.42, "rotation_down": 59.39, "downward_expansion": 85.33 }, "activity_lines": [ 13.431333, 13.840002, 15.401264, 16.718351 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 14.03, "trend_reference": 18.509925, "distance_from_trend": -0.242028, "trend_direction": "Weakening", "fair_value": 18.532, "distance_from_fair_value": -0.242931, "fair_value_direction": "Weakening", "relative_strength": -34.223244, "relative_strength_direction": "Weakening", "price_momentum": -0.347442, "excess_performance": -0.304238, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.242028, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.144562, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.242931, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.326729, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.342232, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.149028, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.347442, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.607294, "read": "Supply-led" } ], "volume": { "latest": 10279408, "relative_activity": 1.050758, "balance": 0.607294, "dry_up": 1.160034, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.101615, "annualized_volatility": 0.435005, "from_high_reference": -0.564691, "from_low_reference": 0.168193 }, "levels": { "trend_reference": 18.509925, "fair_value_reference": 18.532, "structural_low": 12.01, "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": 10, "median_return": -0.034989, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.038798, "regime_survival": 0.7, "best_return": 0.174475, "worst_return": -0.199704, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.095229, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.044645, "regime_survival": 0.25, "best_return": 0.287413, "worst_return": -0.167439, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.08585, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.135939, "regime_survival": 0.0, "best_return": 0.729371, "worst_return": 0.041238, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.593138, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.425187, "regime_survival": 0.0, "best_return": 1.109057, "worst_return": 0.07722, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-05", "end": "2024-08-16", "tenure": "Established", "return": -0.116196, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-09-06", "tenure": "New", "return": 0.070301, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-13", "end": "2024-09-13", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-20", "end": "2024-10-04", "tenure": "New", "return": 0.201399, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": 0.088401, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-04-04", "tenure": "Established", "return": 0.341901, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-06-13", "tenure": "Developing", "return": -0.134885, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.203025, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.28219, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.059932, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-17", "tenure": "Developing", "return": -0.210162, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-12-05", "tenure": "Developing", "return": -0.058062, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2026-01-30", "tenure": "Developing", "return": -0.039321, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-06", "end": "2026-08-07", "tenure": "Established", "return": -0.356717, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.650153, "volume": 4549364, "typical_volume": 5539774.6, "trend": 15.166819, "fair_value": 17.41973, "relative_strength": -0.122522, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.158566, "energy": 50.249184, "activity_lines": [ 15.735195, 15.610782, 15.289001, 15.249996 ] }, { "date": "2023-08-04", "close": 15.045898, "volume": 4509120, "typical_volume": 5414385.25, "trend": 15.199424, "fair_value": 17.399613, "relative_strength": -4.179079, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.272305, "energy": 21.971883, "activity_lines": [ 15.510055, 15.528813, 15.279955, 15.242195 ] }, { "date": "2023-08-11", "close": 14.938477, "volume": 5072620, "typical_volume": 5172403.95, "trend": 15.212582, "fair_value": 17.378931, "relative_strength": -1.73002, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.662653, "energy": 13.410023, "activity_lines": [ 15.289391, 15.431644, 15.260837, 15.225359 ] }, { "date": "2023-08-18", "close": 14.723631, "volume": 4570089, "typical_volume": 4893516.6, "trend": 15.222104, "fair_value": 17.356803, "relative_strength": -1.130112, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.489086, "energy": 22.093681, "activity_lines": [ 15.034262, 15.301761, 15.225454, 15.193814 ] }, { "date": "2023-08-25", "close": 13.830679, "volume": 4089211, "typical_volume": 4843443.1, "trend": 15.180266, "fair_value": 17.327662, "relative_strength": -4.650646, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.452125, "energy": 49.246843, "activity_lines": [ 14.573687, 15.013184, 15.10905, 15.104045 ] }, { "date": "2023-09-01", "close": 15.26746, "volume": 8071876, "typical_volume": 4974668.75, "trend": 15.172658, "fair_value": 17.310775, "relative_strength": 3.125734, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.129213, "energy": 35.700655, "activity_lines": [ 14.716917, 15.014771, 15.135428, 15.10967 ] }, { "date": "2023-09-08", "close": 15.388309, "volume": 5202540, "typical_volume": 4918746.45, "trend": 15.155857, "fair_value": 17.295145, "relative_strength": 4.611573, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.940712, "energy": 16.229952, "activity_lines": [ 14.925944, 15.041505, 15.170436, 15.123583 ] }, { "date": "2023-09-15", "close": 15.160036, "volume": 4448250, "typical_volume": 4842283.05, "trend": 15.144669, "fair_value": 17.277926, "relative_strength": 3.050605, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.967829, "energy": 7.675959, "activity_lines": [ 15.036052, 15.031495, 15.176124, 15.123853 ] }, { "date": "2023-09-22", "close": 15.341312, "volume": 5601125, "typical_volume": 5043507.9, "trend": 15.130048, "fair_value": 17.262433, "relative_strength": 3.72803, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.563594, "energy": 15.159934, "activity_lines": [ 15.191815, 15.060548, 15.194946, 15.136539 ] }, { "date": "2023-09-29", "close": 15.448735, "volume": 2810220, "typical_volume": 5032622.9, "trend": 15.116583, "fair_value": 17.248039, "relative_strength": 5.012749, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.693873, "energy": 25.073489, "activity_lines": [ 15.342207, 15.123049, 15.219287, 15.1571 ] }, { "date": "2023-10-13", "close": 15.341312, "volume": 6698470, "typical_volume": 5134519.1, "trend": 15.110115, "fair_value": 17.233025, "relative_strength": 4.891282, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.834093, "energy": 21.365228, "activity_lines": [ 15.348921, 15.170656, 15.227798, 15.171598 ] }, { "date": "2023-10-20", "close": 14.555783, "volume": 4029178, "typical_volume": 5080593.8, "trend": 15.092667, "fair_value": 17.212109, "relative_strength": 2.851987, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.415228, "energy": 3.409308, "activity_lines": [ 15.088869, 15.081056, 15.159524, 15.135835 ] }, { "date": "2023-10-27", "close": 14.710203, "volume": 5500912, "typical_volume": 5058108.4, "trend": 15.055687, "fair_value": 17.192715, "relative_strength": 2.643118, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.739037, "energy": 15.350702, "activity_lines": [ 14.935791, 15.028443, 15.109426, 15.11116 ] }, { "date": "2023-11-03", "close": 15.536015, "volume": 8118853, "typical_volume": 5285685.1, "trend": 15.054607, "fair_value": 17.179971, "relative_strength": 7.834057, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.502322, "energy": 10.677425, "activity_lines": [ 15.087973, 15.130128, 15.140725, 15.142149 ] }, { "date": "2023-11-10", "close": 15.677009, "volume": 5275668, "typical_volume": 5323473.5, "trend": 15.074534, "fair_value": 17.168498, "relative_strength": 8.372566, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.044662, "energy": 19.299526, "activity_lines": [ 15.274173, 15.242678, 15.182544, 15.182304 ] }, { "date": "2023-11-17", "close": 15.73072, "volume": 5256764, "typical_volume": 5454064.45, "trend": 15.110133, "fair_value": 17.157606, "relative_strength": 8.146333, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.548781, "energy": 38.037425, "activity_lines": [ 15.463058, 15.331424, 15.228262, 15.224638 ] }, { "date": "2023-11-24", "close": 15.542729, "volume": 4436824, "typical_volume": 5376434.95, "trend": 15.168334, "fair_value": 17.145464, "relative_strength": 7.205197, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.329366, "energy": 41.09055, "activity_lines": [ 15.563319, 15.377567, 15.254702, 15.252548 ] }, { "date": "2023-12-01", "close": 16.415539, "volume": 37523483, "typical_volume": 7023183.7, "trend": 15.239101, "fair_value": 17.140017, "relative_strength": 13.336071, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.022379, "energy": 58.890708, "activity_lines": [ 15.88872, 15.579595, 15.364779, 15.333013 ] }, { "date": "2023-12-08", "close": 15.5763, "volume": 30208670, "typical_volume": 8111785.05, "trend": 15.27991, "fair_value": 17.128434, "relative_strength": 9.766328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.256841, "energy": 48.984942, "activity_lines": [ 15.820686, 15.606207, 15.390547, 15.354768 ] }, { "date": "2023-12-15", "close": 16.496107, "volume": 18413021, "typical_volume": 8719312.9, "trend": 15.354024, "fair_value": 17.123784, "relative_strength": 17.096379, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.024522, "energy": 53.902943, "activity_lines": [ 16.056569, 15.795784, 15.506443, 15.433232 ] }, { "date": "2023-12-22", "close": 16.610245, "volume": 17325891, "typical_volume": 9358139.25, "trend": 15.410126, "fair_value": 17.120036, "relative_strength": 18.713429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.344931, "energy": 57.205651, "activity_lines": [ 16.275891, 15.98707, 15.629435, 15.514278 ] }, { "date": "2023-12-29", "close": 17.006365, "volume": 32411450, "typical_volume": 10753255.75, "trend": 15.467534, "fair_value": 17.119212, "relative_strength": 18.640902, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.071371, "energy": 57.604431, "activity_lines": [ 16.568618, 16.227306, 15.785582, 15.617262 ] }, { "date": "2024-01-05", "close": 18.268583, "volume": 59846364, "typical_volume": 13491942.95, "trend": 15.5669, "fair_value": 17.127481, "relative_strength": 28.553573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.627653, "energy": 71.161191, "activity_lines": [ 17.184508, 16.652481, 16.052604, 15.797974 ] }, { "date": "2024-01-12", "close": 19.658363, "volume": 92337979, "typical_volume": 17880337.45, "trend": 15.724677, "fair_value": 17.145558, "relative_strength": 39.346584, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.965559, "energy": 78.991568, "activity_lines": [ 18.140123, 17.265644, 16.436129, 16.06194 ] }, { "date": "2024-01-19", "close": 15.871712, "volume": 37170261, "typical_volume": 19534389.95, "trend": 15.739671, "fair_value": 17.136524, "relative_strength": 14.03229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.716496, "energy": 42.673928, "activity_lines": [ 17.561382, 17.115375, 16.435522, 16.071426 ] }, { "date": "2024-01-26", "close": 14.569211, "volume": 29956813, "typical_volume": 20628636.8, "trend": 15.710578, "fair_value": 17.118444, "relative_strength": 1.676779, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.55228, "energy": 16.3861, "activity_lines": [ 16.590102, 16.724746, 16.301147, 15.995912 ] }, { "date": "2024-02-02", "close": 11.561374, "volume": 20750272, "typical_volume": 21406023.4, "trend": 15.574285, "fair_value": 17.079584, "relative_strength": -13.862965, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -35.760528, "energy": 29.346634, "activity_lines": [ 14.752277, 15.808357, 15.883637, 15.728222 ] }, { "date": "2024-02-09", "close": 10.581141, "volume": 26224387, "typical_volume": 22494830.25, "trend": 15.410465, "fair_value": 17.034456, "relative_strength": -24.588707, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.138366, "energy": 59.439941, "activity_lines": [ 12.950708, 14.786132, 15.390995, 15.406083 ] }, { "date": "2024-02-23", "close": 12.467752, "volume": 36584437, "typical_volume": 24043995.85, "trend": 15.289167, "fair_value": 17.002961, "relative_strength": -15.010672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.581783, "energy": 69.162281, "activity_lines": [ 12.290505, 14.213007, 15.099835, 15.216231 ] }, { "date": "2024-03-01", "close": 12.622173, "volume": 33596601, "typical_volume": 25583314.9, "trend": 15.186444, "fair_value": 16.972956, "relative_strength": -14.372629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.585407, "energy": 72.476802, "activity_lines": [ 12.16115, 13.724477, 14.837064, 15.044167 ] }, { "date": "2024-03-08", "close": 12.696027, "volume": 20405420, "typical_volume": 26268662.4, "trend": 15.087973, "fair_value": 16.943861, "relative_strength": -14.184548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.415447, "energy": 67.896196, "activity_lines": [ 12.273049, 13.319811, 14.594788, 14.883495 ] }, { "date": "2024-03-15", "close": 14.058952, "volume": 48360435, "typical_volume": 28485225.25, "trend": 15.055075, "fair_value": 16.924368, "relative_strength": -5.180076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.017613, "energy": 35.049583, "activity_lines": [ 12.964135, 13.234117, 14.49491, 14.817106 ] }, { "date": "2024-03-22", "close": 14.643064, "volume": 32409929, "typical_volume": 29830676.1, "trend": 15.045228, "fair_value": 16.909058, "relative_strength": -1.024496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.135748, "energy": 20.642555, "activity_lines": [ 13.68342, 13.308214, 14.453028, 14.790525 ] }, { "date": "2024-03-29", "close": 16.133556, "volume": 52796744, "typical_volume": 32064570.65, "trend": 15.092226, "fair_value": 16.903888, "relative_strength": 9.008608, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.838322, "energy": 15.20642, "activity_lines": [ 14.628741, 13.719228, 14.553417, 14.86074 ] }, { "date": "2024-04-05", "close": 15.999275, "volume": 40228177, "typical_volume": 33812196.1, "trend": 15.164512, "fair_value": 16.897897, "relative_strength": 6.954898, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.209602, "energy": 16.583246, "activity_lines": [ 15.284915, 14.169915, 14.638172, 14.919259 ] }, { "date": "2024-04-12", "close": 15.012329, "volume": 36767844, "typical_volume": 35387750.1, "trend": 15.156008, "fair_value": 16.885492, "relative_strength": 1.926613, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.082309, "energy": 14.592832, "activity_lines": [ 15.386966, 14.438838, 14.627398, 14.909441 ] }, { "date": "2024-04-19", "close": 13.367419, "volume": 30132200, "typical_volume": 36672518.9, "trend": 15.088645, "fair_value": 16.862498, "relative_strength": -10.537085, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.901896, "energy": 20.001814, "activity_lines": [ 14.786294, 14.40063, 14.463387, 14.794048 ] }, { "date": "2024-04-26", "close": 13.736685, "volume": 17942534, "typical_volume": 35693471.45, "trend": 15.0412, "fair_value": 16.8422, "relative_strength": -8.781296, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.149007, "energy": 13.977128, "activity_lines": [ 14.354813, 14.396724, 14.344902, 14.706825 ] }, { "date": "2024-05-03", "close": 14.904907, "volume": 14036400, "typical_volume": 34884857.95, "trend": 15.026653, "fair_value": 16.829702, "relative_strength": -1.78048, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.623261, "energy": 14.285493, "activity_lines": [ 14.373164, 14.547848, 14.350433, 14.698032 ] }, { "date": "2024-05-10", "close": 15.005615, "volume": 24227436, "typical_volume": 35175578.7, "trend": 15.011882, "fair_value": 16.818009, "relative_strength": -2.849778, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.244666, "energy": 14.24745, "activity_lines": [ 14.506995, 14.672971, 14.368752, 14.696674 ] }, { "date": "2024-05-17", "close": 15.106325, "volume": 13780048, "typical_volume": 34998286.55, "trend": 15.004049, "fair_value": 16.760728, "relative_strength": -2.367737, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.471828, "energy": 11.161172, "activity_lines": [ 14.74064, 14.77307, 14.403761, 14.702767 ] }, { "date": "2024-05-24", "close": 15.012329, "volume": 26681904, "typical_volume": 34711809.25, "trend": 15.019267, "fair_value": 16.698613, "relative_strength": -1.121893, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.635719, "energy": 15.909112, "activity_lines": [ 14.936686, 14.812255, 14.436978, 14.703302 ] }, { "date": "2024-05-31", "close": 16.079844, "volume": 24102635, "typical_volume": 32924622.8, "trend": 15.064922, "fair_value": 16.64471, "relative_strength": 5.70561, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.694795, "energy": 32.860322, "activity_lines": [ 15.37891, 15.028199, 14.58136, 14.771726 ] }, { "date": "2024-06-07", "close": 14.577257, "volume": 23184517, "typical_volume": 29466949.7, "trend": 15.032964, "fair_value": 16.594533, "relative_strength": -3.063576, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.418013, "energy": 17.977308, "activity_lines": [ 15.164061, 14.944822, 14.59306, 14.740264 ] }, { "date": "2024-06-14", "close": 15.325058, "volume": 10924266, "typical_volume": 28154649.95, "trend": 15.021232, "fair_value": 16.554169, "relative_strength": 2.407701, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.352018, "energy": 16.421314, "activity_lines": [ 15.220322, 15.025706, 14.700175, 14.759108 ] }, { "date": "2024-06-21", "close": 15.072555, "volume": 14105458, "typical_volume": 27362082.2, "trend": 14.999293, "fair_value": 16.512062, "relative_strength": 1.717264, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.644806, "energy": 12.758969, "activity_lines": [ 15.17112, 15.072938, 14.785846, 14.76242 ] }, { "date": "2024-06-28", "close": 14.975437, "volume": 10617395, "typical_volume": 26855438.35, "trend": 14.980383, "fair_value": 16.453071, "relative_strength": 1.97558, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.242165, "energy": 4.497668, "activity_lines": [ 15.091796, 15.101418, 14.85987, 14.76088 ] }, { "date": "2024-07-05", "close": 14.159655, "volume": 7540720, "typical_volume": 25921255.0, "trend": 14.905187, "fair_value": 16.378363, "relative_strength": -2.99763, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.811186, "energy": 5.71735, "activity_lines": [ 14.743004, 14.952337, 14.839944, 14.70793 ] }, { "date": "2024-07-12", "close": 15.344481, "volume": 21110418, "typical_volume": 25147554.05, "trend": 14.89746, "fair_value": 16.303046, "relative_strength": 4.251304, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.296924, "energy": 5.00926, "activity_lines": [ 14.917167, 15.010988, 14.915817, 14.736272 ] }, { "date": "2024-07-19", "close": 14.664663, "volume": 13786040, "typical_volume": 24157026.0, "trend": 14.836412, "fair_value": 16.220315, "relative_strength": -0.762218, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.396315, "energy": 4.383295, "activity_lines": [ 14.813576, 14.938044, 14.913247, 14.721253 ] }, { "date": "2024-07-26", "close": 14.499564, "volume": 7839800, "typical_volume": 23528745.0, "trend": 14.766056, "fair_value": 16.145944, "relative_strength": 1.207123, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.811949, "energy": 11.677069, "activity_lines": [ 14.698977, 14.841281, 14.885227, 14.69952 ] }, { "date": "2024-08-02", "close": 14.557834, "volume": 8831207, "typical_volume": 21552283.6, "trend": 14.684438, "fair_value": 16.054616, "relative_strength": 1.08787, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.541017, "energy": 6.013809, "activity_lines": [ 14.642002, 14.766145, 14.854169, 14.686087 ] }, { "date": "2024-08-09", "close": 14.101384, "volume": 6346002, "typical_volume": 20249087.25, "trend": 14.545531, "fair_value": 15.950777, "relative_strength": -0.663275, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.201184, "energy": 17.995031, "activity_lines": [ 14.460717, 14.616281, 14.777263, 14.64847 ] }, { "date": "2024-08-16", "close": 14.140231, "volume": 4958700, "typical_volume": 17857185.05, "trend": 14.361594, "fair_value": 15.876614, "relative_strength": -1.114276, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.990425, "energy": 23.366219, "activity_lines": [ 14.296266, 14.509452, 14.706637, 14.622322 ] }, { "date": "2024-08-23", "close": 13.538105, "volume": 6519720, "typical_volume": 16171762.2, "trend": 14.283807, "fair_value": 15.800015, "relative_strength": -4.515597, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.45909, "energy": 37.069037, "activity_lines": [ 14.011389, 14.301092, 14.588157, 14.569194 ] }, { "date": "2024-08-30", "close": 14.334465, "volume": 8985860, "typical_volume": 14782663.0, "trend": 14.275982, "fair_value": 15.748237, "relative_strength": 1.399085, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.077323, "energy": 32.8809, "activity_lines": [ 14.067069, 14.270014, 14.557241, 14.572462 ] }, { "date": "2024-09-06", "close": 14.489852, "volume": 12896780, "typical_volume": 13920892.0, "trend": 14.373598, "fair_value": 15.695153, "relative_strength": 5.035375, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.137691, "energy": 23.844116, "activity_lines": [ 14.185552, 14.280609, 14.544352, 14.58626 ] }, { "date": "2024-09-13", "close": 13.936286, "volume": 7399440, "typical_volume": 13393737.3, "trend": 14.485436, "fair_value": 15.638814, "relative_strength": 3.216475, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.944835, "energy": 24.019193, "activity_lines": [ 14.124045, 14.199384, 14.473397, 14.558046 ] }, { "date": "2024-09-20", "close": 13.887727, "volume": 4081440, "typical_volume": 12895989.3, "trend": 14.532768, "fair_value": 15.592084, "relative_strength": 1.573358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.852992, "energy": 26.384851, "activity_lines": [ 14.057358, 14.113391, 14.396867, 14.519485 ] }, { "date": "2024-09-27", "close": 15.344481, "volume": 9434820, "typical_volume": 12156358.5, "trend": 14.623512, "fair_value": 15.557915, "relative_strength": -0.561241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.37229, "energy": 9.909789, "activity_lines": [ 14.493089, 14.31875, 14.463919, 14.571853 ] }, { "date": "2024-10-04", "close": 16.684696, "volume": 7317094, "typical_volume": 11833210.8, "trend": 14.756468, "fair_value": 15.538114, "relative_strength": 0.016086, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 35.992459, "energy": 38.259949, "activity_lines": [ 15.255134, 14.755423, 14.656997, 14.704833 ] }, { "date": "2024-10-11", "close": 15.490157, "volume": 22715623, "typical_volume": 11634896.75, "trend": 14.804175, "fair_value": 15.507015, "relative_strength": -3.660903, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.31867, "energy": 36.432068, "activity_lines": [ 15.462317, 14.935178, 14.728793, 14.752168 ] }, { "date": "2024-10-18", "close": 15.995165, "volume": 13842036, "typical_volume": 11121866.8, "trend": 14.849245, "fair_value": 15.493301, "relative_strength": -1.832679, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.059234, "energy": 52.939182, "activity_lines": [ 15.771149, 15.189801, 14.84641, 14.829006 ] }, { "date": "2024-10-25", "close": 16.859507, "volume": 16732252, "typical_volume": 10799253.55, "trend": 14.873443, "fair_value": 15.48584, "relative_strength": 2.185714, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.232334, "energy": 76.09657, "activity_lines": [ 16.230836, 15.567144, 15.046749, 14.9587 ] }, { "date": "2024-11-01", "close": 16.247669, "volume": 19414770, "typical_volume": 11223778.75, "trend": 14.881723, "fair_value": 15.474917, "relative_strength": -0.724182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.781568, "energy": 64.48526, "activity_lines": [ 16.288459, 15.783803, 15.177949, 15.04736 ] }, { "date": "2024-11-08", "close": 16.99547, "volume": 19511670, "typical_volume": 11494089.35, "trend": 14.947827, "fair_value": 15.466569, "relative_strength": -1.500999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.110367, "energy": 69.18687, "activity_lines": [ 16.535136, 16.087162, 15.375975, 15.18373 ] }, { "date": "2024-11-15", "close": 16.723541, "volume": 19223823, "typical_volume": 11924410.75, "trend": 15.059698, "fair_value": 15.446263, "relative_strength": 0.513928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.216214, "energy": 59.334366, "activity_lines": [ 16.670451, 16.292696, 15.538947, 15.298293 ] }, { "date": "2024-11-22", "close": 16.480749, "volume": 14473662, "typical_volume": 12271057.85, "trend": 15.151167, "fair_value": 15.422644, "relative_strength": 1.02209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.410919, "energy": 42.222289, "activity_lines": [ 16.642611, 16.413474, 15.670471, 15.389973 ] }, { "date": "2024-11-29", "close": 16.733253, "volume": 11444823, "typical_volume": 11787778.1, "trend": 15.212112, "fair_value": 15.412741, "relative_strength": 0.77382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.065988, "energy": 41.237965, "activity_lines": [ 16.666566, 16.533899, 15.81499, 15.492043 ] }, { "date": "2024-12-06", "close": 18.102602, "volume": 46729856, "typical_volume": 13434968.9, "trend": 15.315345, "fair_value": 15.410066, "relative_strength": 6.574409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.248681, "energy": 46.445747, "activity_lines": [ 17.155388, 16.85156, 16.08331, 15.678527 ] }, { "date": "2024-12-13", "close": 18.219145, "volume": 27193720, "typical_volume": 14402664.9, "trend": 15.419105, "fair_value": 15.404162, "relative_strength": 7.593979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.183225, "energy": 49.64026, "activity_lines": [ 17.559395, 17.140262, 16.346358, 15.865869 ] }, { "date": "2024-12-20", "close": 17.879234, "volume": 14870151, "typical_volume": 14704612.1, "trend": 15.514669, "fair_value": 15.392982, "relative_strength": 6.455046, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.91803, "energy": 53.390436, "activity_lines": [ 17.768521, 17.339264, 16.559322, 16.024587 ] }, { "date": "2024-12-27", "close": 19.763304, "volume": 59694684, "typical_volume": 17372046.2, "trend": 15.637451, "fair_value": 15.388813, "relative_strength": 16.511868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.640492, "energy": 67.262511, "activity_lines": [ 18.528623, 17.837385, 16.935905, 16.298692 ] }, { "date": "2025-01-03", "close": 21.414291, "volume": 71231225, "typical_volume": 20685672.45, "trend": 15.865352, "fair_value": 15.396861, "relative_strength": 33.175013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.893168, "energy": 79.152089, "activity_lines": [ 19.620218, 18.567175, 17.442763, 16.671391 ] }, { "date": "2025-01-10", "close": 20.501392, "volume": 98214276, "typical_volume": 25270400.25, "trend": 16.037896, "fair_value": 15.403787, "relative_strength": 29.10838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.19107, "energy": 69.687831, "activity_lines": [ 20.095443, 19.048169, 17.82804, 16.970491 ] }, { "date": "2025-01-17", "close": 18.957233, "volume": 50124338, "typical_volume": 27327324.15, "trend": 16.167386, "fair_value": 15.401358, "relative_strength": 17.122208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.937669, "energy": 56.580631, "activity_lines": [ 19.89603, 19.171066, 18.033095, 17.158835 ] }, { "date": "2025-01-24", "close": 20.511105, "volume": 54439014, "typical_volume": 29404435.85, "trend": 16.351908, "fair_value": 15.412826, "relative_strength": 25.960777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.416967, "energy": 49.805639, "activity_lines": [ 20.165368, 19.540817, 18.364125, 17.439075 ] }, { "date": "2025-01-31", "close": 19.530224, "volume": 5934620, "typical_volume": 29331194.85, "trend": 16.530927, "fair_value": 15.41721, "relative_strength": 19.551662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.980958, "energy": 39.703531, "activity_lines": [ 19.932288, 19.663362, 18.573066, 17.644128 ] }, { "date": "2025-02-07", "close": 21.239483, "volume": 24387240, "typical_volume": 30346484.85, "trend": 16.727427, "fair_value": 15.433806, "relative_strength": 26.861038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.085071, "energy": 41.907012, "activity_lines": [ 20.284499, 20.041235, 18.918155, 17.947905 ] }, { "date": "2025-02-14", "close": 21.220058, "volume": 50363518, "typical_volume": 32392919.75, "trend": 16.94594, "fair_value": 15.451618, "relative_strength": 23.869477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.336255, "energy": 43.206907, "activity_lines": [ 20.641889, 20.333645, 19.226386, 18.237753 ] }, { "date": "2025-02-21", "close": 24.191837, "volume": 75540126, "typical_volume": 35804071.35, "trend": 17.269016, "fair_value": 15.495345, "relative_strength": 38.299329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.905862, "energy": 54.976181, "activity_lines": [ 21.941961, 21.109698, 19.789664, 18.70523 ] }, { "date": "2025-02-28", "close": 25.250412, "volume": 73075053, "typical_volume": 38322042.85, "trend": 17.625435, "fair_value": 15.554858, "relative_strength": 45.031479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.398926, "energy": 71.249543, "activity_lines": [ 23.245918, 21.969625, 20.418011, 19.220159 ] }, { "date": "2025-03-07", "close": 26.017637, "volume": 78806477, "typical_volume": 41570264.9, "trend": 18.022644, "fair_value": 15.61619, "relative_strength": 45.259958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.880691, "energy": 78.855639, "activity_lines": [ 24.489663, 22.835025, 21.072949, 19.761591 ] }, { "date": "2025-03-14", "close": 24.725981, "volume": 35543849, "typical_volume": 42510844.75, "trend": 18.375502, "fair_value": 15.666858, "relative_strength": 34.866893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.69421, "energy": 72.415648, "activity_lines": [ 24.870361, 23.351864, 21.557147, 20.194064 ] }, { "date": "2025-03-21", "close": 24.017027, "volume": 33280962, "typical_volume": 43204154.35, "trend": 18.724799, "fair_value": 15.713817, "relative_strength": 32.025636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.576727, "energy": 54.656888, "activity_lines": [ 24.782309, 23.67959, 21.936365, 20.558034 ] }, { "date": "2025-03-28", "close": 23.385767, "volume": 21461378, "typical_volume": 43301639.75, "trend": 19.026509, "fair_value": 15.757191, "relative_strength": 28.31067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.221118, "energy": 45.188427, "activity_lines": [ 24.297371, 23.82862, 22.218467, 20.858741 ] }, { "date": "2025-04-04", "close": 21.802761, "volume": 17956484, "typical_volume": 43238272.8, "trend": 19.270273, "fair_value": 15.797575, "relative_strength": 19.404433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.675325, "energy": 28.009947, "activity_lines": [ 23.338504, 23.609313, 22.319376, 21.037854 ] }, { "date": "2025-04-11", "close": 20.112925, "volume": 23597656, "typical_volume": 43694472.5, "trend": 19.476161, "fair_value": 15.832067, "relative_strength": 13.186379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.278438, "energy": 17.961741, "activity_lines": [ 22.0462, 23.059277, 22.235162, 21.092219 ] }, { "date": "2025-04-18", "close": 20.491682, "volume": 18138989, "typical_volume": 44029180.8, "trend": 19.696293, "fair_value": 15.856051, "relative_strength": 13.21187, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.699383, "energy": 19.529022, "activity_lines": [ 21.273797, 22.567512, 22.169724, 21.157736 ] }, { "date": "2025-04-25", "close": 21.424004, "volume": 13364260, "typical_volume": 42360901.0, "trend": 19.898944, "fair_value": 15.895305, "relative_strength": 16.868451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.578993, "energy": 21.629046, "activity_lines": [ 21.094454, 22.258857, 22.175181, 21.269202 ] }, { "date": "2025-05-02", "close": 20.977266, "volume": 9597320, "typical_volume": 41481081.0, "trend": 20.042029, "fair_value": 15.934751, "relative_strength": 14.359633, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.137752, "energy": 17.161262, "activity_lines": [ 20.939067, 21.865268, 22.122275, 21.338771 ] }, { "date": "2025-05-09", "close": 21.802761, "volume": 10240064, "typical_volume": 41249576.65, "trend": 20.25245, "fair_value": 15.984596, "relative_strength": 15.916271, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.410975, "energy": 12.108183, "activity_lines": [ 21.219411, 21.680217, 22.134854, 21.452366 ] }, { "date": "2025-05-16", "close": 22.49229, "volume": 12378800, "typical_volume": 38883782.45, "trend": 20.46902, "fair_value": 16.042252, "relative_strength": 17.916588, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.176178, "energy": 11.64665, "activity_lines": [ 21.729599, 21.683218, 22.194419, 21.596872 ] }, { "date": "2025-05-23", "close": 22.084398, "volume": 26808538, "typical_volume": 36662648.1, "trend": 20.643183, "fair_value": 16.106879, "relative_strength": 15.756267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.036565, "energy": 13.592163, "activity_lines": [ 21.945198, 21.676155, 22.202142, 21.70109 ] }, { "date": "2025-05-30", "close": 22.890471, "volume": 19875900, "typical_volume": 32745729.3, "trend": 20.86461, "fair_value": 16.177175, "relative_strength": 19.35686, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.232872, "energy": 22.403929, "activity_lines": [ 22.323307, 21.863679, 22.283443, 21.846076 ] }, { "date": "2025-06-06", "close": 16.84, "volume": 27474802, "typical_volume": 31613252.5, "trend": 20.859428, "fair_value": 16.204417, "relative_strength": -13.231506, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.37995, "energy": 26.180345, "activity_lines": [ 20.586828, 20.9716, 21.777132, 21.586424 ] }, { "date": "2025-06-13", "close": 17.4, "volume": 42305607, "typical_volume": 31006582.15, "trend": 20.881976, "fair_value": 16.231313, "relative_strength": -10.153974, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.133803, "energy": 53.446824, "activity_lines": [ 19.312833, 20.300354, 21.334236, 21.363235 ] }, { "date": "2025-06-20", "close": 17.190001, "volume": 26940023, "typical_volume": 32056852.3, "trend": 20.905618, "fair_value": 16.258412, "relative_strength": -10.813137, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.104221, "energy": 64.753793, "activity_lines": [ 18.262356, 19.670976, 20.886156, 21.125043 ] }, { "date": "2025-06-27", "close": 22.299999, "volume": 96293112, "typical_volume": 35652145.9, "trend": 21.091176, "fair_value": 16.314404, "relative_strength": 12.970277, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.170396, "energy": 46.230083, "activity_lines": [ 19.268698, 20.023833, 20.935885, 21.215003 ] }, { "date": "2025-07-04", "close": 20.959999, "volume": 111200106, "typical_volume": 38693975.3, "trend": 21.186423, "fair_value": 16.364941, "relative_strength": 4.28121, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.005431, "energy": 22.125534, "activity_lines": [ 19.814, 20.100174, 20.852946, 21.20654 ] }, { "date": "2025-07-11", "close": 20.6, "volume": 41151106, "typical_volume": 36974524.3, "trend": 21.265785, "fair_value": 16.402068, "relative_strength": 1.148041, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -34.689014, "energy": 16.29666, "activity_lines": [ 20.368, 20.119498, 20.736959, 21.168707 ] }, { "date": "2025-07-18", "close": 20.68, "volume": 33608216, "typical_volume": 35001182.45, "trend": 21.359144, "fair_value": 16.436233, "relative_strength": 0.531453, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -27.788257, "energy": 21.85972, "activity_lines": [ 20.698, 20.160227, 20.645695, 21.130914 ] }, { "date": "2025-07-25", "close": 20.27, "volume": 37830152, "typical_volume": 32952366.2, "trend": 21.376033, "fair_value": 16.474254, "relative_strength": -3.283883, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.477192, "energy": 16.63048, "activity_lines": [ 20.672666, 20.146824, 20.537148, 21.060647 ] }, { "date": "2025-08-01", "close": 19.92, "volume": 29416688, "typical_volume": 32646008.15, "trend": 21.326224, "fair_value": 16.508039, "relative_strength": -4.238721, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.852576, "energy": 15.238241, "activity_lines": [ 20.325333, 20.11019, 20.422637, 20.966709 ] }, { "date": "2025-08-08", "close": 25.129999, "volume": 106711009, "typical_volume": 36317510.5, "trend": 21.480511, "fair_value": 16.564839, "relative_strength": 17.540538, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.26442, "energy": 20.038573, "activity_lines": [ 21.873333, 21.060182, 20.827201, 21.212114 ] }, { "date": "2025-08-15", "close": 25.99, "volume": 119111827, "typical_volume": 41200032.95, "trend": 21.714936, "fair_value": 16.62711, "relative_strength": 18.7132, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.042167, "energy": 40.1042, "activity_lines": [ 23.43, 22.125818, 21.308371, 21.503049 ] }, { "date": "2025-08-22", "close": 26.530001, "volume": 66691146, "typical_volume": 43636766.05, "trend": 21.915566, "fair_value": 16.689749, "relative_strength": 16.266644, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.134826, "energy": 58.68952, "activity_lines": [ 24.807333, 23.123273, 21.828569, 21.813698 ] }, { "date": "2025-08-29", "close": 25.139999, "volume": 73110498, "typical_volume": 46112408.15, "trend": 22.102559, "fair_value": 16.741147, "relative_strength": 8.739903, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.73441, "energy": 58.020727, "activity_lines": [ 25.331333, 23.702, 22.193874, 22.021726 ] }, { "date": "2025-09-05", "close": 28.120001, "volume": 108483183, "typical_volume": 50629617.85, "trend": 22.331909, "fair_value": 16.803807, "relative_strength": 22.240124, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.030868, "energy": 77.982461, "activity_lines": [ 26.524, 24.678, 22.819051, 22.409948 ] }, { "date": "2025-09-12", "close": 30.309999, "volume": 136465734, "typical_volume": 56784691.55, "trend": 22.634907, "fair_value": 16.886609, "relative_strength": 28.685012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.864099, "energy": 82.516788, "activity_lines": [ 27.9, 25.946364, 23.616474, 22.924664 ] }, { "date": "2025-09-19", "close": 29.290001, "volume": 86824740, "typical_volume": 60646062.55, "trend": 22.804846, "fair_value": 16.966177, "relative_strength": 24.974604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.506067, "energy": 73.933938, "activity_lines": [ 28.590667, 26.859273, 24.27444, 23.354024 ] }, { "date": "2025-09-26", "close": 26.700001, "volume": 71512762, "typical_volume": 63709697.45, "trend": 22.853166, "fair_value": 17.036813, "relative_strength": 12.975026, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.466393, "energy": 64.825033, "activity_lines": [ 28.198, 27.143273, 24.646155, 23.605325 ] }, { "date": "2025-10-03", "close": 27.07, "volume": 13706642, "typical_volume": 63776089.55, "trend": 22.888244, "fair_value": 17.111177, "relative_strength": 12.238663, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.829701, "energy": 48.352053, "activity_lines": [ 27.917334, 27.385091, 25.029787, 23.877379 ] }, { "date": "2025-10-10", "close": 28.059999, "volume": 24860604, "typical_volume": 63678692.85, "trend": 22.999378, "fair_value": 17.199896, "relative_strength": 15.067851, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.790743, "energy": 41.740938, "activity_lines": [ 27.838, 27.683273, 25.485907, 24.21104 ] }, { "date": "2025-10-17", "close": 23.940001, "volume": 40901766, "typical_volume": 64729986.15, "trend": 22.996811, "fair_value": 17.261823, "relative_strength": -0.768813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.934584, "energy": 20.227071, "activity_lines": [ 26.389334, 27.084364, 25.521191, 24.271726 ] }, { "date": "2025-10-24", "close": 23.940001, "volume": 34321188, "typical_volume": 65072305.45, "trend": 23.015285, "fair_value": 17.328709, "relative_strength": -3.825892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.31789, "energy": 19.107316, "activity_lines": [ 25.365334, 26.507091, 25.551476, 24.332576 ] }, { "date": "2025-10-31", "close": 26.620001, "volume": 51380027, "typical_volume": 65526026.45, "trend": 23.17586, "fair_value": 17.408282, "relative_strength": 6.246938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.383271, "energy": 18.944105, "activity_lines": [ 25.591334, 26.454364, 25.803191, 24.565139 ] }, { "date": "2025-11-07", "close": 25.57, "volume": 79126820, "typical_volume": 68135366.3, "trend": 23.357762, "fair_value": 17.477056, "relative_strength": 0.51476, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.715501, "energy": 19.807466, "activity_lines": [ 25.472667, 26.209091, 25.911, 24.719599 ] }, { "date": "2025-11-14", "close": 26.549999, "volume": 73518769, "typical_volume": 66996649.15, "trend": 23.559706, "fair_value": 17.557113, "relative_strength": 4.038645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.712055, "energy": 16.028582, "activity_lines": [ 25.780667, 26.134182, 26.072238, 24.92555 ] }, { "date": "2025-11-21", "close": 22.299999, "volume": 46308031, "typical_volume": 63752045.4, "trend": 23.588906, "fair_value": 17.6009, "relative_strength": -9.279998, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.989383, "energy": 5.713172, "activity_lines": [ 24.772666, 25.315091, 25.808476, 24.844279 ] }, { "date": "2025-11-28", "close": 23.299999, "volume": 21094891, "typical_volume": 62749234.65, "trend": 23.666331, "fair_value": 17.654572, "relative_strength": -6.78983, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.588223, "energy": 11.70269, "activity_lines": [ 24.207333, 24.823454, 25.633571, 24.82564 ] }, { "date": "2025-12-05", "close": 22.549999, "volume": 16874786, "typical_volume": 61912563.15, "trend": 23.691239, "fair_value": 17.701953, "relative_strength": -10.242168, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.189474, "energy": 31.658947, "activity_lines": [ 23.434666, 24.304363, 25.374381, 24.753618 ] }, { "date": "2025-12-12", "close": 22.379999, "volume": 14509359, "typical_volume": 60746523.5, "trend": 23.687496, "fair_value": 17.742185, "relative_strength": -10.712601, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.233399, "energy": 45.12275, "activity_lines": [ 22.876666, 23.829818, 25.090095, 24.669022 ] }, { "date": "2025-12-19", "close": 22.35, "volume": 20222949, "typical_volume": 60286836.55, "trend": 23.696349, "fair_value": 17.781419, "relative_strength": -10.973474, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.869963, "energy": 48.059294, "activity_lines": [ 22.521333, 23.43509, 24.792905, 24.582732 ] }, { "date": "2025-12-26", "close": 23.700001, "volume": 26957389, "typical_volume": 56299155.55, "trend": 23.723333, "fair_value": 17.829857, "relative_strength": -7.386226, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.019706, "energy": 38.027602, "activity_lines": [ 22.896, 23.389636, 24.612714, 24.582968 ] }, { "date": "2026-01-02", "close": 22.48, "volume": 15416893, "typical_volume": 51114408.85, "trend": 23.911333, "fair_value": 17.876917, "relative_strength": -12.004763, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.822276, "energy": 31.930094, "activity_lines": [ 22.770667, 23.126727, 24.323143, 24.502753 ] }, { "date": "2026-01-09", "close": 23.15, "volume": 20311666, "typical_volume": 48795434.85, "trend": 24.103, "fair_value": 17.937171, "relative_strength": -12.493118, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.580228, "energy": 22.025704, "activity_lines": [ 22.923333, 23.012182, 24.114095, 24.453634 ] }, { "date": "2026-01-16", "close": 23.440001, "volume": 35180317, "typical_volume": 46898925.8, "trend": 24.311333, "fair_value": 17.997249, "relative_strength": -10.961483, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.220709, "energy": 14.405395, "activity_lines": [ 23.132667, 23.013455, 23.948762, 24.41086 ] }, { "date": "2026-01-23", "close": 23.51, "volume": 29102966, "typical_volume": 42929914.95, "trend": 24.351667, "fair_value": 18.054725, "relative_strength": -11.269729, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.851284, "energy": 13.617929, "activity_lines": [ 23.294667, 23.066182, 23.79819, 24.359161 ] }, { "date": "2026-01-30", "close": 21.5, "volume": 20250672, "typical_volume": 37119161.85, "trend": 24.369667, "fair_value": 18.099995, "relative_strength": -18.303779, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.847777, "energy": 37.36505, "activity_lines": [ 22.709334, 22.808727, 23.478143, 24.175183 ] }, { "date": "2026-02-06", "close": 21.809999, "volume": 9025228, "typical_volume": 33229186.25, "trend": 24.41, "fair_value": 18.143098, "relative_strength": -15.788655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.297665, "energy": 50.643258, "activity_lines": [ 22.374, 22.622182, 23.229571, 24.010043 ] }, { "date": "2026-02-13", "close": 21.639999, "volume": 8112932, "typical_volume": 30059194.75, "trend": 24.442, "fair_value": 18.182485, "relative_strength": -16.520661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.964147, "energy": 63.372888, "activity_lines": [ 22.026666, 22.431818, 23.000428, 23.831333 ] }, { "date": "2026-02-27", "close": 21.91, "volume": 7751776, "typical_volume": 29761451.45, "trend": 24.496667, "fair_value": 18.22106, "relative_strength": -16.641144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.011781, "energy": 72.741254, "activity_lines": [ 21.87, 22.307091, 22.821095, 23.667978 ] }, { "date": "2026-03-06", "close": 20.639999, "volume": 11953556, "typical_volume": 29116099.05, "trend": 24.520667, "fair_value": 18.254036, "relative_strength": -20.103943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.165786, "energy": 78.613055, "activity_lines": [ 21.391999, 21.96, 22.545381, 23.419161 ] }, { "date": "2026-03-13", "close": 21.15, "volume": 17336131, "typical_volume": 27937817.3, "trend": 24.388, "fair_value": 18.288459, "relative_strength": -16.904517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.48622, "energy": 70.20793, "activity_lines": [ 21.275333, 21.736727, 22.353571, 23.201699 ] }, { "date": "2026-03-20", "close": 19.889999, "volume": 9143881, "typical_volume": 26678951.95, "trend": 24.184667, "fair_value": 18.31434, "relative_strength": -18.566385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.658944, "energy": 74.695382, "activity_lines": [ 20.761999, 21.330727, 22.055047, 22.911505 ] }, { "date": "2026-03-27", "close": 20.17, "volume": 11430536, "typical_volume": 24681477.4, "trend": 23.972667, "fair_value": 18.344049, "relative_strength": -15.986449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.956232, "energy": 62.952869, "activity_lines": [ 20.47, 21.022727, 21.802476, 22.652494 ] }, { "date": "2026-04-03", "close": 18.950001, "volume": 8218695, "typical_volume": 21136071.15, "trend": 23.766333, "fair_value": 18.368862, "relative_strength": -19.857856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.96674, "energy": 74.636258, "activity_lines": [ 19.869333, 20.547091, 21.464428, 22.328451 ] }, { "date": "2026-04-10", "close": 20.309999, "volume": 9446985, "typical_volume": 17932481.95, "trend": 23.506, "fair_value": 18.397646, "relative_strength": -16.014374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.859334, "energy": 61.890386, "activity_lines": [ 19.919333, 20.400363, 21.287428, 22.105462 ] }, { "date": "2026-04-17", "close": 20.426689, "volume": 10609332, "typical_volume": 16147547.0, "trend": 23.176556, "fair_value": 18.428789, "relative_strength": -16.58201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.605708, "energy": 51.031491, "activity_lines": [ 20.03023, 20.333034, 21.151256, 21.906797 ] }, { "date": "2026-04-24", "close": 20.149313, "volume": 9703656, "typical_volume": 15577985.25, "trend": 22.871867, "fair_value": 18.46129, "relative_strength": -17.945723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.644889, "energy": 46.163242, "activity_lines": [ 20.096888, 20.234788, 20.997587, 21.711491 ] }, { "date": "2026-05-01", "close": 20.109688, "volume": 9154554, "typical_volume": 15191973.65, "trend": 22.65219, "fair_value": 18.496206, "relative_strength": -18.328993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.925913, "energy": 38.481781, "activity_lines": [ 20.133051, 20.159531, 20.855148, 21.533286 ] }, { "date": "2026-05-08", "close": 20.089876, "volume": 6399384, "typical_volume": 14786474.9, "trend": 22.419519, "fair_value": 18.536547, "relative_strength": -19.320466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.633951, "energy": 35.158812, "activity_lines": [ 20.16663, 20.108496, 20.722442, 21.367975 ] }, { "date": "2026-05-15", "close": 18.158157, "volume": 19439373, "typical_volume": 14747296.1, "trend": 22.089457, "fair_value": 18.561326, "relative_strength": -25.781258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.842623, "energy": 54.178302, "activity_lines": [ 19.480311, 19.739332, 20.416669, 21.093049 ] }, { "date": "2026-05-22", "close": 17.880781, "volume": 10699036, "typical_volume": 13934378.45, "trend": 21.887483, "fair_value": 18.583947, "relative_strength": -25.954105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.842682, "energy": 71.470272, "activity_lines": [ 18.84499, 19.364861, 20.10444, 20.821521 ] }, { "date": "2026-05-29", "close": 16.454283, "volume": 12070081, "typical_volume": 13767037.85, "trend": 21.637959, "fair_value": 18.597931, "relative_strength": -30.538488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.939043, "energy": 87.185391, "activity_lines": [ 17.903897, 18.790467, 19.684064, 20.470992 ] }, { "date": "2026-06-05", "close": 16.077845, "volume": 2263932, "typical_volume": 12864651.15, "trend": 21.286554, "fair_value": 18.605307, "relative_strength": -30.788853, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.07759, "energy": 93.766328, "activity_lines": [ 17.083659, 18.210097, 19.256532, 20.112275 ] }, { "date": "2026-06-12", "close": 15.731126, "volume": 2354200, "typical_volume": 11223345.3, "trend": 20.958592, "fair_value": 18.608173, "relative_strength": -32.102068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.717164, "energy": 93.159283, "activity_lines": [ 16.416639, 17.641091, 18.829655, 19.75386 ] }, { "date": "2026-06-19", "close": 17.25, "volume": 21111444, "typical_volume": 10823769.2, "trend": 20.648592, "fair_value": 18.620752, "relative_strength": -26.389284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.698814, "energy": 86.591712, "activity_lines": [ 16.546492, 17.406768, 18.584142, 19.514596 ] }, { "date": "2026-06-26", "close": 14.06, "volume": 4823916, "typical_volume": 10052431.4, "trend": 20.373925, "fair_value": 18.615207, "relative_strength": -38.7259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.958198, "energy": 92.341647, "activity_lines": [ 15.673557, 16.648081, 18.064629, 19.089526 ] }, { "date": "2026-07-03", "close": 14.29, "volume": 2384856, "typical_volume": 9720412.8, "trend": 20.073592, "fair_value": 18.607951, "relative_strength": -37.345934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.453331, "energy": 86.227697, "activity_lines": [ 15.132006, 16.046971, 17.602449, 18.697015 ] }, { "date": "2026-07-10", "close": 13.5, "volume": 10153323, "typical_volume": 9822432.35, "trend": 19.771925, "fair_value": 18.595502, "relative_strength": -39.558631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.641656, "energy": 80.888363, "activity_lines": [ 14.471408, 15.408757, 17.100841, 18.272912 ] }, { "date": "2026-07-17", "close": 12.89, "volume": 9914015, "typical_volume": 9930544.3, "trend": 19.455592, "fair_value": 18.577809, "relative_strength": -38.213043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.690068, "energy": 91.944984, "activity_lines": [ 13.779333, 14.779811, 16.579899, 17.828917 ] }, { "date": "2026-07-24", "close": 12.48, "volume": 9595144, "typical_volume": 9812623.7, "trend": 19.126592, "fair_value": 18.558478, "relative_strength": -40.430149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.950072, "energy": 90.671558, "activity_lines": [ 13.14, 14.207225, 16.062862, 17.378879 ] }, { "date": "2026-07-31", "close": 13.65, "volume": 15605201, "typical_volume": 9726077.2, "trend": 18.791592, "fair_value": 18.542729, "relative_strength": -34.677197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.683782, "energy": 66.961378, "activity_lines": [ 13.208667, 13.950606, 15.696111, 17.02555 ] }, { "date": "2026-08-07", "close": 14.03, "volume": 10279408, "typical_volume": 9782853.55, "trend": 18.509925, "fair_value": 18.532, "relative_strength": -34.223244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.33014, "energy": 64.31176, "activity_lines": [ 13.431333, 13.840002, 15.401264, 16.718351 ] } ], "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." } } }