{ "ticker": { "uuid": "75da4bc6-0a83-4937-b083-cfa07e1883db", "symbol": "603368", "name": "Guangxi LiuYao Group 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": -37.753, "architecture_energy": 22.363, "architecture_maturity": 96.081, "architecture_confidence": 75.349, "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": 38.58, "rotation_up": 26.5, "upward_expansion": 18.92, "deceleration": 46.86, "rotation_down": 29.99, "downward_expansion": 57.59 }, "activity_lines": [ 15.532, 15.454538, 15.587884, 15.948409 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 15.63, "trend_reference": 16.547815, "distance_from_trend": -0.055464, "trend_direction": "Weakening", "fair_value": 17.641287, "distance_from_fair_value": -0.11401, "fair_value_direction": "Weakening", "relative_strength": -9.686911, "relative_strength_direction": "Improving", "price_momentum": -0.139317, "excess_performance": -0.096113, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.055464, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.054082, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.11401, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.010654, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.096869, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.070514, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.139317, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.50666, "read": "Supply-led" } ], "volume": { "latest": 18946641, "relative_activity": 1.299678, "balance": 0.50666, "dry_up": 1.483133, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.043963, "annualized_volatility": 0.19843, "from_high_reference": -0.252868, "from_low_reference": 0.071282 }, "levels": { "trend_reference": 16.547815, "fair_value_reference": 17.641287, "structural_low": 14.59, "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": -0.001843, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.006217, "regime_survival": 0.75, "best_return": 0.253614, "worst_return": -0.139736, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.086055, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.014139, "regime_survival": 0.25, "best_return": 0.299641, "worst_return": -0.167331, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.112095, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.02412, "regime_survival": 0.333333, "best_return": 0.468113, "worst_return": -0.284384, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.110808, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.095932, "regime_survival": 0.333333, "best_return": 0.335454, "worst_return": -0.262573, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-05", "end": "2024-08-02", "tenure": "Developing", "return": -0.017847, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2024-10-18", "tenure": "Developing", "return": 0.005827, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": 0.030474, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-22", "end": "2025-01-03", "tenure": "Developing", "return": -0.058952, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": 0.033053, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": 0.020725, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.006591, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-30", "tenure": "Developing", "return": 0.040396, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": 0.031953, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-10-17", "tenure": "Established", "return": 0.048615, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-12-12", "tenure": "Developing", "return": -0.048291, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.020776, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-03-06", "tenure": "Developing", "return": -0.036304, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-08-07", "tenure": "Established", "return": -0.107367, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 20.048532, "volume": 27521025, "typical_volume": 27764555.35, "trend": 20.517467, "fair_value": 17.691259, "relative_strength": 5.217327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.727203, "energy": 10.070108, "activity_lines": [ 21.022611, 20.844574, 20.993478, 20.947478 ] }, { "date": "2023-08-04", "close": 19.193426, "volume": 25826463, "typical_volume": 27451729.6, "trend": 20.591745, "fair_value": 17.678289, "relative_strength": 0.018571, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.709563, "energy": 27.391171, "activity_lines": [ 20.27904, 20.560594, 20.797827, 20.862056 ] }, { "date": "2023-08-11", "close": 18.812347, "volume": 27249699, "typical_volume": 27348938.0, "trend": 20.606977, "fair_value": 17.664522, "relative_strength": 0.661407, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.830826, "energy": 50.03063, "activity_lines": [ 19.660017, 20.240003, 20.582143, 20.747257 ] }, { "date": "2023-08-18", "close": 19.221312, "volume": 44571689, "typical_volume": 27836322.85, "trend": 20.634933, "fair_value": 17.641966, "relative_strength": 4.180204, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.796617, "energy": 52.601342, "activity_lines": [ 19.353295, 20.028085, 20.414568, 20.657859 ] }, { "date": "2023-08-25", "close": 18.180311, "volume": 19164215, "typical_volume": 27924665.0, "trend": 20.629098, "fair_value": 17.616906, "relative_strength": 0.268249, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.25419, "energy": 73.093247, "activity_lines": [ 18.843949, 19.652751, 20.163026, 20.499496 ] }, { "date": "2023-09-01", "close": 19.212017, "volume": 22236219, "typical_volume": 27904755.25, "trend": 20.654624, "fair_value": 17.601971, "relative_strength": 3.097876, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.208517, "energy": 63.554747, "activity_lines": [ 18.884226, 19.485447, 20.029441, 20.408072 ] }, { "date": "2023-09-08", "close": 18.737991, "volume": 14473272, "typical_volume": 26662865.25, "trend": 20.665257, "fair_value": 17.577304, "relative_strength": 0.610427, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.944603, "energy": 53.96783, "activity_lines": [ 18.822262, 19.224353, 19.864934, 20.284418 ] }, { "date": "2023-09-15", "close": 20.057827, "volume": 20415616, "typical_volume": 25791839.7, "trend": 20.693534, "fair_value": 17.565047, "relative_strength": 7.064406, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.306263, "energy": 34.502921, "activity_lines": [ 19.230606, 19.280121, 19.839839, 20.245229 ] }, { "date": "2023-09-22", "close": 19.630276, "volume": 11850062, "typical_volume": 25750005.9, "trend": 20.684539, "fair_value": 17.552409, "relative_strength": 3.744455, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.475583, "energy": 21.961215, "activity_lines": [ 19.4134, 19.283501, 19.781625, 20.176632 ] }, { "date": "2023-09-29", "close": 20.057827, "volume": 11557509, "typical_volume": 24984822.25, "trend": 20.632548, "fair_value": 17.549754, "relative_strength": 6.142736, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.888257, "energy": 19.225277, "activity_lines": [ 19.711448, 19.396557, 19.775194, 20.136199 ] }, { "date": "2023-10-13", "close": 19.416498, "volume": 12960958, "typical_volume": 24780278.55, "trend": 20.582503, "fair_value": 17.540573, "relative_strength": 2.902118, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.712083, "energy": 21.426952, "activity_lines": [ 19.670551, 19.414977, 19.711779, 20.057744 ] }, { "date": "2023-10-20", "close": 18.319731, "volume": 11259785, "typical_volume": 24580261.15, "trend": 20.43956, "fair_value": 17.529848, "relative_strength": 0.050369, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.784498, "energy": 29.59493, "activity_lines": [ 19.250434, 19.245477, 19.551406, 19.911758 ] }, { "date": "2023-10-27", "close": 19.193426, "volume": 29399948, "typical_volume": 25180896.9, "trend": 20.388137, "fair_value": 17.525108, "relative_strength": 3.126317, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.600916, "energy": 27.217133, "activity_lines": [ 19.149432, 19.250715, 19.48696, 19.831363 ] }, { "date": "2023-11-03", "close": 19.360731, "volume": 17944203, "typical_volume": 24903238.3, "trend": 20.286559, "fair_value": 17.520343, "relative_strength": 3.178985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.563656, "energy": 30.449895, "activity_lines": [ 19.161825, 19.279444, 19.445621, 19.765078 ] }, { "date": "2023-11-10", "close": 19.769695, "volume": 21241015, "typical_volume": 24414202.6, "trend": 20.201641, "fair_value": 17.519187, "relative_strength": 4.778444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.185978, "energy": 24.678651, "activity_lines": [ 19.328509, 19.379996, 19.449339, 19.731732 ] }, { "date": "2023-11-17", "close": 19.332846, "volume": 17143127, "typical_volume": 24821590.9, "trend": 20.106099, "fair_value": 17.51962, "relative_strength": 1.675347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.380912, "energy": 17.879914, "activity_lines": [ 19.368786, 19.372222, 19.409239, 19.675681 ] }, { "date": "2023-11-24", "close": 19.723221, "volume": 19589400, "typical_volume": 23176625.0, "trend": 20.042955, "fair_value": 17.517563, "relative_strength": 3.816734, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.812324, "energy": 10.072726, "activity_lines": [ 19.544764, 19.433228, 19.403751, 19.650979 ] }, { "date": "2023-12-01", "close": 19.741812, "volume": 17122639, "typical_volume": 20616930.25, "trend": 19.979219, "fair_value": 17.508328, "relative_strength": 4.083644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.121627, "energy": 9.462953, "activity_lines": [ 19.633374, 19.479702, 19.41548, 19.631551 ] }, { "date": "2023-12-08", "close": 18.645044, "volume": 20558028, "typical_volume": 20518700.85, "trend": 19.868929, "fair_value": 17.489429, "relative_strength": 0.214305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.252853, "energy": 20.308196, "activity_lines": [ 19.319835, 19.332509, 19.330899, 19.545475 ] }, { "date": "2023-12-15", "close": 18.440561, "volume": 35661558, "typical_volume": 21387321.5, "trend": 19.786353, "fair_value": 17.470207, "relative_strength": 0.041849, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.749832, "energy": 37.201373, "activity_lines": [ 18.985847, 19.16605, 19.2399, 19.453322 ] }, { "date": "2023-12-22", "close": 17.799231, "volume": 14403132, "typical_volume": 20731426.85, "trend": 19.679975, "fair_value": 17.45428, "relative_strength": -2.508692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.179779, "energy": 62.093085, "activity_lines": [ 18.526692, 18.912391, 19.101277, 19.325121 ] }, { "date": "2023-12-29", "close": 17.585457, "volume": 21325374, "typical_volume": 20506372.4, "trend": 19.566472, "fair_value": 17.436545, "relative_strength": -5.613095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.516449, "energy": 71.899933, "activity_lines": [ 18.098519, 18.649269, 18.953006, 19.18999 ] }, { "date": "2024-01-05", "close": 18.031597, "volume": 23216376, "typical_volume": 20304706.25, "trend": 19.477533, "fair_value": 17.427594, "relative_strength": -1.868035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.33016, "energy": 68.307474, "activity_lines": [ 17.961578, 18.480613, 18.854881, 19.090966 ] }, { "date": "2024-01-12", "close": 17.306618, "volume": 19255926, "typical_volume": 19038918.1, "trend": 19.366307, "fair_value": 17.414105, "relative_strength": -4.421341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.137412, "energy": 73.899145, "activity_lines": [ 17.696991, 18.201267, 18.691428, 18.950907 ] }, { "date": "2024-01-19", "close": 16.600224, "volume": 20774567, "typical_volume": 19119435.7, "trend": 19.276149, "fair_value": 17.401026, "relative_strength": -6.72758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.343446, "energy": 78.3065, "activity_lines": [ 17.286169, 17.830834, 18.469818, 18.77245 ] }, { "date": "2024-01-26", "close": 16.823296, "volume": 26801785, "typical_volume": 19347714.0, "trend": 19.210467, "fair_value": 17.390694, "relative_strength": -8.013672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.719373, "energy": 73.621247, "activity_lines": [ 17.072392, 17.558586, 18.276976, 18.614202 ] }, { "date": "2024-02-02", "close": 15.048019, "volume": 20789573, "typical_volume": 19663529.05, "trend": 18.9465, "fair_value": 17.372602, "relative_strength": -12.26403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.009914, "energy": 86.222748, "activity_lines": [ 16.331919, 17.009188, 17.926436, 18.345657 ] }, { "date": "2024-02-09", "close": 16.683876, "volume": 31647986, "typical_volume": 20225147.55, "trend": 18.787561, "fair_value": 17.363351, "relative_strength": -7.381883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.271698, "energy": 65.048894, "activity_lines": [ 16.305894, 16.842223, 17.749262, 18.199681 ] }, { "date": "2024-02-23", "close": 17.81782, "volume": 31714311, "typical_volume": 21218360.0, "trend": 18.66859, "fair_value": 17.35676, "relative_strength": -5.742737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.071124, "energy": 44.103612, "activity_lines": [ 16.747698, 16.937028, 17.69615, 18.137117 ] }, { "date": "2024-03-01", "close": 18.988945, "volume": 38513612, "typical_volume": 22566165.15, "trend": 18.592684, "fair_value": 17.367278, "relative_strength": -0.378003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.047602, "energy": 18.480294, "activity_lines": [ 17.545798, 17.259805, 17.763204, 18.157785 ] }, { "date": "2024-03-08", "close": 19.834759, "volume": 33681065, "typical_volume": 23602170.5, "trend": 18.585558, "fair_value": 17.383108, "relative_strength": 3.277646, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.651505, "energy": 17.692638, "activity_lines": [ 18.466587, 17.726396, 17.915902, 18.237919 ] }, { "date": "2024-03-15", "close": 19.797579, "volume": 24719380, "typical_volume": 24275150.25, "trend": 18.605696, "fair_value": 17.394859, "relative_strength": 2.797566, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.308077, "energy": 35.043556, "activity_lines": [ 19.174219, 18.149217, 18.063067, 18.316114 ] }, { "date": "2024-03-22", "close": 19.853348, "volume": 25176184, "typical_volume": 24063962.05, "trend": 18.640397, "fair_value": 17.402798, "relative_strength": 3.298603, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.379468, "energy": 39.103639, "activity_lines": [ 19.583803, 18.541958, 18.208506, 18.396607 ] }, { "date": "2024-03-29", "close": 19.630276, "volume": 20197171, "typical_volume": 24176610.45, "trend": 18.654029, "fair_value": 17.413476, "relative_strength": 2.524998, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.066406, "energy": 49.544398, "activity_lines": [ 19.707731, 18.861018, 18.329558, 18.460471 ] }, { "date": "2024-04-05", "close": 19.407204, "volume": 17253436, "typical_volume": 23977231.5, "trend": 18.694925, "fair_value": 17.420475, "relative_strength": 0.439221, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.321258, "energy": 44.131, "activity_lines": [ 19.636472, 19.097271, 18.428081, 18.509062 ] }, { "date": "2024-04-12", "close": 18.942471, "volume": 28716363, "typical_volume": 24555893.3, "trend": 18.68594, "fair_value": 17.42252, "relative_strength": -0.173566, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.295957, "energy": 21.341117, "activity_lines": [ 19.382418, 19.19799, 18.48407, 18.525033 ] }, { "date": "2024-04-19", "close": 20.076418, "volume": 32213699, "typical_volume": 25187108.25, "trend": 18.730554, "fair_value": 17.433919, "relative_strength": 4.271984, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.193915, "energy": 25.566861, "activity_lines": [ 19.565832, 19.466352, 18.649913, 18.614741 ] }, { "date": "2024-04-26", "close": 21.275425, "volume": 33737992, "typical_volume": 26017875.9, "trend": 18.771141, "fair_value": 17.453278, "relative_strength": 9.583159, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.449308, "energy": 44.403156, "activity_lines": [ 20.130326, 19.861289, 18.928265, 18.778927 ] }, { "date": "2024-05-03", "close": 21.18248, "volume": 17449473, "typical_volume": 25862448.15, "trend": 18.822881, "fair_value": 17.467268, "relative_strength": 8.444582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.861302, "energy": 60.199088, "activity_lines": [ 20.569033, 20.155845, 19.190462, 18.934497 ] }, { "date": "2024-05-10", "close": 21.554266, "volume": 26060026, "typical_volume": 25382371.55, "trend": 18.872762, "fair_value": 17.477333, "relative_strength": 8.50353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.901135, "energy": 77.316231, "activity_lines": [ 21.028189, 20.456822, 19.475985, 19.110715 ] }, { "date": "2024-05-17", "close": 21.386961, "volume": 24501471, "typical_volume": 25887288.5, "trend": 18.938445, "fair_value": 17.489506, "relative_strength": 7.614365, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.802224, "energy": 79.652416, "activity_lines": [ 21.288438, 20.680738, 19.730746, 19.272922 ] }, { "date": "2024-05-24", "close": 20.55974, "volume": 22561616, "typical_volume": 25949100.6, "trend": 19.013112, "fair_value": 17.492921, "relative_strength": 5.549155, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.845223, "energy": 71.042908, "activity_lines": [ 21.109982, 20.726029, 19.88964, 19.377521 ] }, { "date": "2024-05-31", "close": 20.290194, "volume": 13984948, "typical_volume": 25487529.2, "trend": 19.04967, "fair_value": 17.498778, "relative_strength": 4.177464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.757629, "energy": 50.736271, "activity_lines": [ 20.809455, 20.708453, 20.0087, 19.459914 ] }, { "date": "2024-06-07", "close": 19.648865, "volume": 23089526, "typical_volume": 25679209.2, "trend": 19.059275, "fair_value": 17.505735, "relative_strength": 2.088897, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.248622, "energy": 27.00534, "activity_lines": [ 20.360834, 20.56633, 20.055926, 19.498571 ] }, { "date": "2024-06-14", "close": 18.080017, "volume": 31527941, "typical_volume": 26216877.9, "trend": 19.002952, "fair_value": 17.506311, "relative_strength": -5.355864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.049922, "energy": 18.320137, "activity_lines": [ 19.491505, 20.138623, 19.942584, 19.435394 ] }, { "date": "2024-06-21", "close": 17.247763, "volume": 28712504, "typical_volume": 26312413.85, "trend": 18.93345, "fair_value": 17.506051, "relative_strength": -8.496154, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.120258, "energy": 41.905159, "activity_lines": [ 18.576374, 19.583729, 19.742933, 19.322156 ] }, { "date": "2024-06-28", "close": 16.740757, "volume": 32254108, "typical_volume": 26885640.6, "trend": 18.834034, "fair_value": 17.500347, "relative_strength": -10.195711, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.068464, "energy": 62.318825, "activity_lines": [ 17.768187, 18.967464, 19.492974, 19.180691 ] }, { "date": "2024-07-05", "close": 16.616398, "volume": 24576947, "typical_volume": 26532088.65, "trend": 18.729854, "fair_value": 17.492583, "relative_strength": -10.267888, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.654904, "energy": 72.165178, "activity_lines": [ 17.173147, 18.389237, 19.223111, 19.037618 ] }, { "date": "2024-07-12", "close": 16.712057, "volume": 24689569, "typical_volume": 26180851.55, "trend": 18.665421, "fair_value": 17.488739, "relative_strength": -9.973183, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.191093, "energy": 71.675251, "activity_lines": [ 16.854913, 17.913112, 18.96268, 18.907438 ] }, { "date": "2024-07-19", "close": 16.463337, "volume": 21965906, "typical_volume": 25353466.25, "trend": 18.599513, "fair_value": 17.485617, "relative_strength": -11.315565, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.859986, "energy": 76.227305, "activity_lines": [ 16.649559, 17.473046, 18.683827, 18.765368 ] }, { "date": "2024-07-26", "close": 16.224184, "volume": 20243555, "typical_volume": 24681590.75, "trend": 18.547012, "fair_value": 17.479436, "relative_strength": -9.562738, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.750929, "energy": 76.813259, "activity_lines": [ 16.472266, 17.082059, 18.394224, 18.612121 ] }, { "date": "2024-08-02", "close": 16.319845, "volume": 26600443, "typical_volume": 24775643.9, "trend": 18.504825, "fair_value": 17.470422, "relative_strength": -9.173144, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.558985, "energy": 74.293871, "activity_lines": [ 16.395099, 16.802335, 18.130924, 18.468433 ] }, { "date": "2024-08-09", "close": 16.415508, "volume": 37901063, "typical_volume": 25411887.85, "trend": 18.450955, "fair_value": 17.46366, "relative_strength": -7.152562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.493812, "energy": 62.256972, "activity_lines": [ 16.37788, 16.617092, 17.893297, 18.333638 ] }, { "date": "2024-08-16", "close": 16.185921, "volume": 22350369, "typical_volume": 25519547.75, "trend": 18.413598, "fair_value": 17.453956, "relative_strength": -8.937875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.744577, "energy": 59.106837, "activity_lines": [ 16.297525, 16.460555, 17.650174, 18.187507 ] }, { "date": "2024-08-23", "close": 15.277137, "volume": 23844984, "typical_volume": 25849125.15, "trend": 18.369496, "fair_value": 17.435094, "relative_strength": -13.148185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.710807, "energy": 65.792294, "activity_lines": [ 15.949318, 16.201748, 17.336902, 17.985154 ] }, { "date": "2024-08-30", "close": 15.181475, "volume": 45855160, "typical_volume": 26706065.0, "trend": 18.314768, "fair_value": 17.41946, "relative_strength": -13.107188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.513014, "energy": 69.101845, "activity_lines": [ 15.648303, 15.976509, 17.034187, 17.779476 ] }, { "date": "2024-09-06", "close": 14.559675, "volume": 51363711, "typical_volume": 27663565.6, "trend": 18.29849, "fair_value": 17.401932, "relative_strength": -14.184313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.382316, "energy": 84.896606, "activity_lines": [ 15.209536, 15.675784, 16.690162, 17.537212 ] }, { "date": "2024-09-13", "close": 14.167463, "volume": 24692367, "typical_volume": 27211284.35, "trend": 18.21461, "fair_value": 17.38155, "relative_strength": -14.35057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.000744, "energy": 92.003107, "activity_lines": [ 14.757376, 15.343404, 16.335054, 17.270694 ] }, { "date": "2024-09-20", "close": 14.339654, "volume": 16396014, "typical_volume": 27158611.4, "trend": 18.098671, "fair_value": 17.377867, "relative_strength": -14.137606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.37708, "energy": 89.112603, "activity_lines": [ 14.512482, 15.086857, 16.030192, 17.020697 ] }, { "date": "2024-09-27", "close": 16.635529, "volume": 48761237, "typical_volume": 28293671.95, "trend": 18.020224, "fair_value": 17.392347, "relative_strength": -11.413324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.789198, "energy": 58.034958, "activity_lines": [ 15.155965, 15.290877, 15.97657, 16.9263 ] }, { "date": "2024-10-04", "close": 18.252209, "volume": 21876836, "typical_volume": 28162440.2, "trend": 17.967472, "fair_value": 17.41527, "relative_strength": -9.829935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.583572, "energy": 15.943976, "activity_lines": [ 16.247782, 15.785708, 16.10034, 16.941267 ] }, { "date": "2024-10-11", "close": 16.673794, "volume": 72459905, "typical_volume": 30657354.65, "trend": 17.863346, "fair_value": 17.426493, "relative_strength": -14.243183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.376412, "energy": 26.905503, "activity_lines": [ 16.608744, 15.956681, 16.088712, 16.857804 ] }, { "date": "2024-10-18", "close": 16.511169, "volume": 39224219, "typical_volume": 31919318.2, "trend": 17.75194, "fair_value": 17.438538, "relative_strength": -15.892701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.478464, "energy": 25.189784, "activity_lines": [ 16.774557, 16.09165, 16.0801, 16.770567 ] }, { "date": "2024-10-25", "close": 16.951212, "volume": 47222890, "typical_volume": 33125986.4, "trend": 17.662638, "fair_value": 17.452274, "relative_strength": -14.374445, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.277397, "energy": 22.891811, "activity_lines": [ 16.930804, 16.304888, 16.131393, 16.718907 ] }, { "date": "2024-11-01", "close": 17.773901, "volume": 64954638, "typical_volume": 34797321.25, "trend": 17.608194, "fair_value": 17.474052, "relative_strength": -9.188996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.851286, "energy": 19.611305, "activity_lines": [ 17.187177, 16.653792, 16.273883, 16.726085 ] }, { "date": "2024-11-08", "close": 17.888695, "volume": 62074084, "typical_volume": 36465400.25, "trend": 17.573068, "fair_value": 17.495153, "relative_strength": -13.038122, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.293041, "energy": 24.801816, "activity_lines": [ 17.405923, 16.978171, 16.428764, 16.744182 ] }, { "date": "2024-11-15", "close": 17.467785, "volume": 69856673, "typical_volume": 38345528.5, "trend": 17.486114, "fair_value": 17.512652, "relative_strength": -11.625217, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.478063, "energy": 33.145971, "activity_lines": [ 17.5086, 17.1768, 16.540506, 16.73739 ] }, { "date": "2024-11-22", "close": 17.525181, "volume": 56723727, "typical_volume": 39952867.5, "trend": 17.361106, "fair_value": 17.533401, "relative_strength": -9.326919, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.188231, "energy": 29.356968, "activity_lines": [ 17.577476, 17.332989, 16.654252, 16.73991 ] }, { "date": "2024-11-29", "close": 17.783466, "volume": 39532720, "typical_volume": 40695025.05, "trend": 17.247805, "fair_value": 17.561342, "relative_strength": -9.293749, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.395656, "energy": 28.172413, "activity_lines": [ 17.664847, 17.475089, 16.788269, 16.767159 ] }, { "date": "2024-12-06", "close": 17.907825, "volume": 36967340, "typical_volume": 41445096.75, "trend": 17.126257, "fair_value": 17.588669, "relative_strength": -10.376297, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.729549, "energy": 26.930881, "activity_lines": [ 17.738186, 17.577186, 16.929028, 16.809741 ] }, { "date": "2024-12-13", "close": 17.984356, "volume": 42526509, "typical_volume": 42559244.45, "trend": 17.012837, "fair_value": 17.615016, "relative_strength": -9.379666, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.17348, "energy": 27.936196, "activity_lines": [ 17.828108, 17.670064, 17.070197, 16.865102 ] }, { "date": "2024-12-20", "close": 17.706938, "volume": 27681682, "typical_volume": 42613306.4, "trend": 16.917744, "fair_value": 17.639529, "relative_strength": -9.847679, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.695343, "energy": 23.266665, "activity_lines": [ 17.81918, 17.717373, 17.176563, 16.909883 ] }, { "date": "2024-12-27", "close": 17.678238, "volume": 27574704, "typical_volume": 42096988.45, "trend": 16.830678, "fair_value": 17.662898, "relative_strength": -10.575259, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 52.523376, "energy": 33.54073, "activity_lines": [ 17.784742, 17.74068, 17.273591, 16.958947 ] }, { "date": "2025-01-03", "close": 16.492037, "volume": 30917919, "typical_volume": 42525365.95, "trend": 16.725451, "fair_value": 17.677024, "relative_strength": -11.446148, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 25.415174, "energy": 13.829375, "activity_lines": [ 17.344699, 17.527094, 17.251634, 16.937099 ] }, { "date": "2025-01-10", "close": 15.918068, "volume": 33490379, "typical_volume": 43007635.7, "trend": 16.653386, "fair_value": 17.689278, "relative_strength": -13.044238, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.536923, "energy": 15.42802, "activity_lines": [ 16.799429, 17.217498, 17.173556, 16.88501 ] }, { "date": "2025-01-17", "close": 16.444206, "volume": 19812758, "typical_volume": 41705515.6, "trend": 16.626601, "fair_value": 17.70468, "relative_strength": -11.927742, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.183892, "energy": 26.744164, "activity_lines": [ 16.562188, 17.037307, 17.142535, 16.871515 ] }, { "date": "2025-01-24", "close": 16.616398, "volume": 21790664, "typical_volume": 40226863.25, "trend": 16.622455, "fair_value": 17.71932, "relative_strength": -11.077729, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.961707, "energy": 29.731287, "activity_lines": [ 16.485022, 16.914687, 17.121899, 16.870856 ] }, { "date": "2025-01-31", "close": 16.80772, "volume": 7158798, "typical_volume": 39350184.8, "trend": 16.628833, "fair_value": 17.719479, "relative_strength": -9.813659, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.080303, "energy": 32.495907, "activity_lines": [ 16.544332, 16.842332, 17.109691, 16.882809 ] }, { "date": "2025-02-07", "close": 16.817286, "volume": 15472359, "typical_volume": 39304002.05, "trend": 16.63234, "fair_value": 17.711224, "relative_strength": -11.086147, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.310117, "energy": 15.611071, "activity_lines": [ 16.664866, 16.784761, 17.085821, 16.894967 ] }, { "date": "2025-02-14", "close": 17.113836, "volume": 32909284, "typical_volume": 38511404.4, "trend": 16.654024, "fair_value": 17.698146, "relative_strength": -10.469474, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.86717, "energy": 12.094342, "activity_lines": [ 16.862566, 16.798675, 17.078396, 16.926031 ] }, { "date": "2025-02-21", "close": 16.865116, "volume": 53319127, "typical_volume": 40083518.95, "trend": 16.675388, "fair_value": 17.701159, "relative_strength": -12.339286, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.626965, "energy": 14.675938, "activity_lines": [ 16.897641, 16.781804, 17.045006, 16.93965 ] }, { "date": "2025-02-28", "close": 16.35811, "volume": 33070099, "typical_volume": 38114028.65, "trend": 16.676664, "fair_value": 17.713183, "relative_strength": -13.088544, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.802754, "energy": 7.6362, "activity_lines": [ 16.735654, 16.6931, 16.969934, 16.919181 ] }, { "date": "2025-03-07", "close": 16.520737, "volume": 22452523, "typical_volume": 37275443.85, "trend": 16.680171, "fair_value": 17.726194, "relative_strength": -13.09306, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.824107, "energy": 11.733332, "activity_lines": [ 16.645095, 16.658488, 16.911854, 16.909121 ] }, { "date": "2025-03-14", "close": 17.812166, "volume": 90280048, "typical_volume": 39428301.75, "trend": 16.734379, "fair_value": 17.746465, "relative_strength": -7.184955, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.257689, "energy": 17.051315, "activity_lines": [ 17.004145, 16.879727, 16.976722, 16.982153 ] }, { "date": "2025-03-21", "close": 17.429518, "volume": 55534275, "typical_volume": 38957283.6, "trend": 16.806125, "fair_value": 17.760668, "relative_strength": -7.277872, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.212783, "energy": 21.968092, "activity_lines": [ 17.16932, 17.007391, 17.001047, 17.027001 ] }, { "date": "2025-03-28", "close": 17.00861, "volume": 51076339, "typical_volume": 38407396.35, "trend": 16.86703, "fair_value": 17.762171, "relative_strength": -8.718373, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.27028, "energy": 22.508217, "activity_lines": [ 17.173147, 17.031046, 16.986926, 17.040064 ] }, { "date": "2025-04-04", "close": 16.960777, "volume": 29800706, "typical_volume": 36404598.0, "trend": 16.947067, "fair_value": 17.767832, "relative_strength": -8.3261, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.703916, "energy": 24.68855, "activity_lines": [ 17.151463, 17.035742, 16.97244, 17.046112 ] }, { "date": "2025-04-11", "close": 15.965899, "volume": 60365636, "typical_volume": 36586693.45, "trend": 17.007015, "fair_value": 17.771522, "relative_strength": -10.520329, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.215998, "energy": 34.541326, "activity_lines": [ 16.757976, 16.853289, 16.865618, 16.982811 ] }, { "date": "2025-04-18", "close": 16.071125, "volume": 24803359, "typical_volume": 35850225.4, "trend": 17.06473, "fair_value": 17.767637, "relative_strength": -10.47496, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.3646, "energy": 56.551545, "activity_lines": [ 16.436553, 16.705275, 16.776242, 16.922431 ] }, { "date": "2025-04-25", "close": 16.13809, "volume": 25110707, "typical_volume": 35257393.75, "trend": 17.048149, "fair_value": 17.773505, "relative_strength": -9.972951, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.193832, "energy": 62.875951, "activity_lines": [ 16.253521, 16.583002, 16.701399, 16.862648 ] }, { "date": "2025-05-02", "close": 16.195486, "volume": 26365465, "typical_volume": 34449341.55, "trend": 16.979592, "fair_value": 17.78121, "relative_strength": -8.602643, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.49186, "energy": 63.743538, "activity_lines": [ 16.175716, 16.488906, 16.640449, 16.807637 ] }, { "date": "2025-05-09", "close": 16.472904, "volume": 22898489, "typical_volume": 34210181.9, "trend": 16.972895, "fair_value": 17.796739, "relative_strength": -8.166489, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.571063, "energy": 54.399903, "activity_lines": [ 16.244592, 16.457425, 16.614438, 16.774948 ] }, { "date": "2025-05-16", "close": 16.444206, "volume": 23019362, "typical_volume": 33982414.8, "trend": 16.970663, "fair_value": 17.81796, "relative_strength": -8.396865, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.847949, "energy": 31.087085, "activity_lines": [ 16.336427, 16.418638, 16.59157, 16.740839 ] }, { "date": "2025-05-23", "close": 16.492037, "volume": 30456911, "typical_volume": 33959364.4, "trend": 16.955357, "fair_value": 17.837962, "relative_strength": -7.026189, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.902373, "energy": 21.43402, "activity_lines": [ 16.412319, 16.38994, 16.579134, 16.70996 ] }, { "date": "2025-05-30", "close": 16.790001, "volume": 28312458, "typical_volume": 33700468.35, "trend": 16.922561, "fair_value": 17.859818, "relative_strength": -4.783056, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.598519, "energy": 15.173418, "activity_lines": [ 16.559471, 16.439419, 16.595076, 16.699292 ] }, { "date": "2025-06-06", "close": 16.9, "volume": 19808646, "typical_volume": 33700262.75, "trend": 16.889604, "fair_value": 17.879271, "relative_strength": -4.727939, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.613501, "energy": 13.248145, "activity_lines": [ 16.699829, 16.520526, 16.617341, 16.697836 ] }, { "date": "2025-06-13", "close": 16.879999, "volume": 22173568, "typical_volume": 33719407.95, "trend": 16.870011, "fair_value": 17.900856, "relative_strength": -4.26661, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.824514, "energy": 16.422559, "activity_lines": [ 16.786552, 16.59997, 16.635532, 16.697216 ] }, { "date": "2025-06-20", "close": 16.530001, "volume": 23717208, "typical_volume": 34547328.45, "trend": 16.836839, "fair_value": 17.919689, "relative_strength": -5.484446, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.748113, "energy": 17.975722, "activity_lines": [ 16.729469, 16.617248, 16.619134, 16.67528 ] }, { "date": "2025-06-27", "close": 16.85, "volume": 18627649, "typical_volume": 34705092.95, "trend": 16.805723, "fair_value": 17.939048, "relative_strength": -5.212425, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.332787, "energy": 10.964611, "activity_lines": [ 16.773333, 16.682451, 16.634534, 16.676129 ] }, { "date": "2025-07-04", "close": 17.190001, "volume": 28456131, "typical_volume": 34482435.3, "trend": 16.781796, "fair_value": 17.959174, "relative_strength": -4.397496, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.339775, "energy": 28.101462, "activity_lines": [ 16.906667, 16.79531, 16.68216, 16.700922 ] }, { "date": "2025-07-11", "close": 17.290001, "volume": 27457090, "typical_volume": 33189333.45, "trend": 16.75865, "fair_value": 17.980304, "relative_strength": -4.630927, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.183177, "energy": 49.223826, "activity_lines": [ 17.046667, 16.907226, 16.738947, 16.733709 ] }, { "date": "2025-07-18", "close": 17.440001, "volume": 29047025, "typical_volume": 32988179.75, "trend": 16.749752, "fair_value": 17.997386, "relative_strength": -4.256137, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 72.867319, "energy": 70.863364, "activity_lines": [ 17.210668, 17.026515, 16.807996, 16.777667 ] }, { "date": "2025-07-25", "close": 17.690001, "volume": 37098191, "typical_volume": 33720463.15, "trend": 16.750145, "fair_value": 18.011178, "relative_strength": -4.236328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.929932, "energy": 78.430824, "activity_lines": [ 17.420668, 17.173674, 16.895703, 16.838328 ] }, { "date": "2025-08-01", "close": 18.690001, "volume": 78670761, "typical_volume": 33139998.8, "trend": 16.82341, "fair_value": 18.031963, "relative_strength": 2.275452, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.798935, "energy": 91.460947, "activity_lines": [ 17.886668, 17.480001, 17.07308, 16.96348 ] }, { "date": "2025-08-08", "close": 18.280001, "volume": 47163830, "typical_volume": 32721476.55, "trend": 16.902141, "fair_value": 18.054721, "relative_strength": -1.77685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.985629, "energy": 87.520056, "activity_lines": [ 18.093334, 17.671819, 17.207229, 17.057454 ] }, { "date": "2025-08-15", "close": 18.440001, "volume": 38543279, "typical_volume": 32094823.55, "trend": 16.968668, "fair_value": 18.072039, "relative_strength": -2.337075, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.879272, "energy": 88.339876, "activity_lines": [ 18.280668, 17.865637, 17.352567, 17.156671 ] }, { "date": "2025-08-22", "close": 18.629999, "volume": 42264656, "typical_volume": 32718021.05, "trend": 17.035788, "fair_value": 18.094187, "relative_strength": -4.483944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.747826, "energy": 89.453755, "activity_lines": [ 18.454667, 18.066001, 17.509183, 17.263853 ] }, { "date": "2025-08-29", "close": 18.17, "volume": 50003762, "typical_volume": 32199927.35, "trend": 17.081197, "fair_value": 18.117055, "relative_strength": -7.398491, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.582778, "energy": 59.402261, "activity_lines": [ 18.396, 18.15091, 17.614042, 17.337028 ] }, { "date": "2025-09-05", "close": 18.200001, "volume": 34379799, "typical_volume": 32678749.35, "trend": 17.127288, "fair_value": 18.138135, "relative_strength": -5.966376, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.388672, "energy": 52.710424, "activity_lines": [ 18.315334, 18.211455, 17.711261, 17.409209 ] }, { "date": "2025-09-12", "close": 18.92, "volume": 47874657, "typical_volume": 33816946.85, "trend": 17.187493, "fair_value": 18.163831, "relative_strength": -3.585061, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.380167, "energy": 55.190247, "activity_lines": [ 18.507334, 18.378364, 17.866915, 17.524868 ] }, { "date": "2025-09-19", "close": 20.309999, "volume": 86637998, "typical_volume": 36830573.5, "trend": 17.302322, "fair_value": 18.199719, "relative_strength": 4.836061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.803838, "energy": 65.693465, "activity_lines": [ 19.12, 18.766546, 18.141702, 17.72632 ] }, { "date": "2025-09-26", "close": 19.110001, "volume": 55440272, "typical_volume": 38457662.65, "trend": 17.394052, "fair_value": 18.226225, "relative_strength": -1.416642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.387088, "energy": 53.673323, "activity_lines": [ 19.208, 18.881637, 18.282611, 17.842945 ] }, { "date": "2025-10-03", "close": 18.700001, "volume": 14907199, "typical_volume": 38052054.5, "trend": 17.466694, "fair_value": 18.249462, "relative_strength": -4.653102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.47372, "energy": 51.370744, "activity_lines": [ 19.127334, 18.891819, 18.371915, 17.927199 ] }, { "date": "2025-10-10", "close": 19.200001, "volume": 20660960, "typical_volume": 37562256.95, "trend": 17.512955, "fair_value": 18.279457, "relative_strength": -2.366928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.087597, "energy": 48.856388, "activity_lines": [ 19.178001, 18.974546, 18.498096, 18.039026 ] }, { "date": "2025-10-17", "close": 18.549999, "volume": 37325084, "typical_volume": 38012888.25, "trend": 17.550305, "fair_value": 18.309829, "relative_strength": -4.180781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.835202, "energy": 32.955206, "activity_lines": [ 18.945334, 18.929818, 18.549477, 18.105932 ] }, { "date": "2025-10-24", "close": 18.43, "volume": 28089934, "typical_volume": 38426952.65, "trend": 17.597684, "fair_value": 18.337102, "relative_strength": -7.298166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.298151, "energy": 20.506709, "activity_lines": [ 18.697333, 18.858364, 18.581048, 18.162686 ] }, { "date": "2025-10-31", "close": 18.66, "volume": 29888939, "typical_volume": 38812721.2, "trend": 17.654325, "fair_value": 18.361306, "relative_strength": -5.991156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.60988, "energy": 18.519739, "activity_lines": [ 18.651333, 18.828909, 18.627238, 18.231223 ] }, { "date": "2025-11-07", "close": 19.24, "volume": 33441214, "typical_volume": 39298921.5, "trend": 17.763462, "fair_value": 18.384393, "relative_strength": -3.970415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.671819, "energy": 22.62192, "activity_lines": [ 18.828667, 18.904364, 18.720191, 18.333524 ] }, { "date": "2025-11-14", "close": 19.389999, "volume": 36352104, "typical_volume": 40185144.25, "trend": 17.874091, "fair_value": 18.404131, "relative_strength": -2.906858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.777133, "energy": 32.871168, "activity_lines": [ 19.02, 18.987636, 18.814524, 18.438462 ] }, { "date": "2025-11-21", "close": 17.74, "volume": 34687253, "typical_volume": 40496700.35, "trend": 17.927488, "fair_value": 18.410205, "relative_strength": -7.301817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.058739, "energy": 10.522813, "activity_lines": [ 18.648666, 18.749273, 18.739619, 18.429811 ] }, { "date": "2025-11-28", "close": 17.93, "volume": 19217242, "typical_volume": 40084707.95, "trend": 17.985305, "fair_value": 18.419536, "relative_strength": -7.340445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.237933, "energy": 6.277552, "activity_lines": [ 18.394666, 18.566909, 18.680191, 18.429973 ] }, { "date": "2025-12-05", "close": 18.4, "volume": 21892847, "typical_volume": 39726999.05, "trend": 18.049542, "fair_value": 18.41755, "relative_strength": -5.057435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.327621, "energy": 13.811486, "activity_lines": [ 18.330667, 18.513273, 18.662476, 18.456728 ] }, { "date": "2025-12-12", "close": 17.540001, "volume": 30508776, "typical_volume": 39397528.3, "trend": 18.086068, "fair_value": 18.414304, "relative_strength": -8.902133, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.6846, "energy": 28.561767, "activity_lines": [ 17.997334, 18.316182, 18.558286, 18.423854 ] }, { "date": "2025-12-19", "close": 18.290001, "volume": 33520898, "typical_volume": 37140035.15, "trend": 18.146, "fair_value": 18.403633, "relative_strength": -4.828179, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.317754, "energy": 31.182843, "activity_lines": [ 18.027334, 18.276546, 18.526238, 18.437011 ] }, { "date": "2025-12-26", "close": 17.969999, "volume": 24473969, "typical_volume": 36005542.1, "trend": 18.185334, "fair_value": 18.392716, "relative_strength": -7.982452, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.959953, "energy": 32.433788, "activity_lines": [ 18.024, 18.195273, 18.465619, 18.425656 ] }, { "date": "2026-01-02", "close": 17.82, "volume": 12225015, "typical_volume": 34689628.9, "trend": 18.216, "fair_value": 18.385906, "relative_strength": -8.639039, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.050131, "energy": 37.674834, "activity_lines": [ 17.955333, 18.097273, 18.392191, 18.402086 ] }, { "date": "2026-01-09", "close": 18.67, "volume": 38037289, "typical_volume": 34478260.55, "trend": 18.275667, "fair_value": 18.395845, "relative_strength": -7.624472, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.279583, "energy": 4.839138, "activity_lines": [ 18.177333, 18.164909, 18.402667, 18.431376 ] }, { "date": "2026-01-16", "close": 18.18, "volume": 45524498, "typical_volume": 34254297.35, "trend": 18.330667, "fair_value": 18.403633, "relative_strength": -9.41548, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.199314, "energy": 7.348942, "activity_lines": [ 18.218, 18.143273, 18.366286, 18.425204 ] }, { "date": "2026-01-23", "close": 18.709999, "volume": 36868343, "typical_volume": 34378724.55, "trend": 18.392667, "fair_value": 18.405906, "relative_strength": -7.333564, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.276257, "energy": 8.368148, "activity_lines": [ 18.392666, 18.237273, 18.380333, 18.449677 ] }, { "date": "2026-01-30", "close": 18.16, "volume": 38343801, "typical_volume": 33902181.75, "trend": 18.425, "fair_value": 18.404479, "relative_strength": -9.388184, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.481214, "energy": 8.316864, "activity_lines": [ 18.356, 18.243636, 18.339571, 18.434667 ] }, { "date": "2026-02-06", "close": 18.1, "volume": 22159372, "typical_volume": 30678250.45, "trend": 18.452, "fair_value": 18.402842, "relative_strength": -8.29296, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.488631, "energy": 14.692476, "activity_lines": [ 18.286666, 18.231454, 18.296714, 18.413699 ] }, { "date": "2026-02-13", "close": 17.85, "volume": 19508204, "typical_volume": 28881647.05, "trend": 18.465667, "fair_value": 18.39902, "relative_strength": -9.659855, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.724035, "energy": 23.313804, "activity_lines": [ 18.115333, 18.170727, 18.240571, 18.37486 ] }, { "date": "2026-02-27", "close": 17.98, "volume": 19191502, "typical_volume": 29095862.2, "trend": 18.475333, "fair_value": 18.396206, "relative_strength": -10.529501, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.197809, "energy": 38.328084, "activity_lines": [ 18.042, 18.143636, 18.202809, 18.343527 ] }, { "date": "2026-03-06", "close": 17.52, "volume": 30724207, "typical_volume": 29599024.55, "trend": 18.436333, "fair_value": 18.385375, "relative_strength": -11.762488, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.297508, "energy": 54.59197, "activity_lines": [ 17.828667, 18.024909, 18.124667, 18.281892 ] }, { "date": "2026-03-13", "close": 17.51, "volume": 19340275, "typical_volume": 28699784.1, "trend": 18.410667, "fair_value": 18.370054, "relative_strength": -10.972279, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.321295, "energy": 60.707938, "activity_lines": [ 17.691333, 17.918364, 18.053571, 18.222129 ] }, { "date": "2026-03-20", "close": 16.92, "volume": 19100755, "typical_volume": 28250325.15, "trend": 18.36, "fair_value": 18.339942, "relative_strength": -10.629412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.188828, "energy": 73.7925, "activity_lines": [ 17.400667, 17.712909, 17.931238, 18.125957 ] }, { "date": "2026-03-27", "close": 16.77, "volume": 21399111, "typical_volume": 27825833.75, "trend": 18.298, "fair_value": 18.313353, "relative_strength": -10.117717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.565743, "energy": 80.725996, "activity_lines": [ 17.138667, 17.496545, 17.801809, 18.023376 ] }, { "date": "2026-04-03", "close": 16.959999, "volume": 19562697, "typical_volume": 27131907.9, "trend": 18.257667, "fair_value": 18.277148, "relative_strength": -8.050383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.790971, "energy": 75.706686, "activity_lines": [ 17.012, 17.349273, 17.699476, 17.937054 ] }, { "date": "2026-04-10", "close": 17.16, "volume": 14326344, "typical_volume": 26030619.9, "trend": 18.223, "fair_value": 18.254224, "relative_strength": -9.159938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.580441, "energy": 68.962814, "activity_lines": [ 17.02, 17.260545, 17.627047, 17.866236 ] }, { "date": "2026-04-17", "close": 16.220623, "volume": 19552727, "typical_volume": 25273893.6, "trend": 18.133021, "fair_value": 18.214561, "relative_strength": -15.19566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.595642, "energy": 75.260809, "activity_lines": [ 16.738874, 17.029204, 17.475774, 17.737051 ] }, { "date": "2026-04-24", "close": 16.143885, "volume": 11503449, "typical_volume": 24888203.95, "trend": 17.99415, "fair_value": 18.174988, "relative_strength": -15.861133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.984548, "energy": 74.798981, "activity_lines": [ 16.518128, 16.819172, 17.324426, 17.60872 ] }, { "date": "2026-05-01", "close": 16.057554, "volume": 14703145, "typical_volume": 24528718.85, "trend": 17.892402, "fair_value": 18.135619, "relative_strength": -16.62915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.821081, "energy": 82.147974, "activity_lines": [ 16.320345, 16.629009, 17.173362, 17.483778 ] }, { "date": "2026-05-08", "close": 16.230217, "volume": 10132303, "typical_volume": 23509895.2, "trend": 17.810076, "fair_value": 18.101085, "relative_strength": -16.738317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.683875, "energy": 83.253574, "activity_lines": [ 16.227613, 16.502829, 17.049897, 17.37654 ] }, { "date": "2026-05-15", "close": 15.875299, "volume": 18392088, "typical_volume": 22753454.7, "trend": 17.699253, "fair_value": 18.064043, "relative_strength": -17.309696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.685154, "energy": 84.642988, "activity_lines": [ 16.065228, 16.343933, 16.898867, 17.251716 ] }, { "date": "2026-05-22", "close": 15.443645, "volume": 14323203, "typical_volume": 22245916.4, "trend": 17.595707, "fair_value": 18.022311, "relative_strength": -18.738383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.610249, "energy": 86.664367, "activity_lines": [ 15.844604, 16.136458, 16.718226, 17.106193 ] }, { "date": "2026-05-29", "close": 15.3765, "volume": 13600070, "typical_volume": 22314669.15, "trend": 17.493924, "fair_value": 17.98679, "relative_strength": -17.818159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.989509, "energy": 80.239901, "activity_lines": [ 15.653398, 15.954345, 16.54322, 16.963018 ] }, { "date": "2026-06-05", "close": 15.673862, "volume": 4821125, "typical_volume": 20653860.95, "trend": 17.394386, "fair_value": 17.952708, "relative_strength": -14.979903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.556717, "energy": 72.108115, "activity_lines": [ 15.612471, 15.854361, 16.40817, 16.845595 ] }, { "date": "2026-06-12", "close": 15.932855, "volume": 5575147, "typical_volume": 18656393.4, "trend": 17.284148, "fair_value": 17.920287, "relative_strength": -13.277064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.093522, "energy": 59.946577, "activity_lines": [ 15.683454, 15.821397, 16.312053, 16.751302 ] }, { "date": "2026-06-19", "close": 15.44, "volume": 14666286, "typical_volume": 17546290.55, "trend": 17.152481, "fair_value": 17.886571, "relative_strength": -16.741188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.035654, "energy": 60.270491, "activity_lines": [ 15.609977, 15.717498, 16.179699, 16.632325 ] }, { "date": "2026-06-26", "close": 14.59, "volume": 4776886, "typical_volume": 15867944.8, "trend": 17.047481, "fair_value": 17.847767, "relative_strength": -19.647702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.542934, "energy": 69.615508, "activity_lines": [ 15.282186, 15.490326, 15.981963, 16.467004 ] }, { "date": "2026-07-03", "close": 15.58, "volume": 4082510, "typical_volume": 14964101.7, "trend": 16.969148, "fair_value": 17.823889, "relative_strength": -14.151944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.497812, "energy": 55.251513, "activity_lines": [ 15.341305, 15.472802, 15.895514, 16.372327 ] }, { "date": "2026-07-10", "close": 15.28, "volume": 13657714, "typical_volume": 14671577.2, "trend": 16.865148, "fair_value": 17.801365, "relative_strength": -14.391241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.811563, "energy": 54.815237, "activity_lines": [ 15.286857, 15.410985, 15.792493, 16.26335 ] }, { "date": "2026-07-17", "close": 15.63, "volume": 29537910, "typical_volume": 15188897.6, "trend": 16.801481, "fair_value": 17.754333, "relative_strength": -6.722279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.458389, "energy": 48.948624, "activity_lines": [ 15.375333, 15.426942, 15.735043, 16.183663 ] }, { "date": "2026-07-24", "close": 15.07, "volume": 21358342, "typical_volume": 14720604.35, "trend": 16.694148, "fair_value": 17.713422, "relative_strength": -10.865659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.348818, "energy": 44.621924, "activity_lines": [ 15.297333, 15.351994, 15.63545, 16.071955 ] }, { "date": "2026-07-31", "close": 15.77, "volume": 16641253, "typical_volume": 14585653.25, "trend": 16.620815, "fair_value": 17.677416, "relative_strength": -6.838672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.932332, "energy": 29.729736, "activity_lines": [ 15.477333, 15.41896, 15.614191, 16.012332 ] }, { "date": "2026-08-07", "close": 15.63, "volume": 18946641, "typical_volume": 14577947.55, "trend": 16.547815, "fair_value": 17.641287, "relative_strength": -9.686911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.753354, "energy": 22.362782, "activity_lines": [ 15.532, 15.454538, 15.587884, 15.948409 ] } ], "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." } } }