{ "ticker": { "uuid": "7b006930-ec40-40d9-9c22-950ca2ea92ed", "symbol": "603199", "name": "Anhui Jiuhuashan Tourism Development 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": -45.631, "architecture_energy": 37.702, "architecture_maturity": 80.719, "architecture_confidence": 87.809, "architecture_tenure": "Developing", "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": 23.5, "rotation_up": 27.41, "upward_expansion": 18.22, "deceleration": 46.95, "rotation_down": 35.97, "downward_expansion": 65.89 }, "activity_lines": [ 32.142667, 31.951637, 32.808968, 34.320695 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 32.41, "trend_reference": 36.277135, "distance_from_trend": -0.1066, "trend_direction": "Weakening", "fair_value": 33.101015, "distance_from_fair_value": -0.020876, "fair_value_direction": "Weakening", "relative_strength": -9.392934, "relative_strength_direction": "Improving", "price_momentum": -0.227592, "excess_performance": -0.184388, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.1066, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.026891, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.020876, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.087107, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.093929, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032932, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.227592, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.320652, "read": "Supply-led" } ], "volume": { "latest": 7559826, "relative_activity": 0.93464, "balance": 0.320652, "dry_up": 0.919957, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.051649, "annualized_volatility": 0.262772, "from_high_reference": -0.274599, "from_low_reference": 0.062275 }, "levels": { "trend_reference": 36.277135, "fair_value_reference": 33.101015, "structural_low": 30.51, "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": 11, "median_return": 0.039115, "positive_rate": 0.818182, "directional_follow_through": 0.181818, "median_excess_return": 0.05316, "regime_survival": 0.636364, "best_return": 0.196816, "worst_return": -0.063082, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.174599, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.086235, "regime_survival": 0.0, "best_return": 0.261544, "worst_return": 0.004618, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.19896, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.154298, "regime_survival": 0.0, "best_return": 0.38378, "worst_return": 0.021591, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.296216, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.269362, "regime_survival": 0.0, "best_return": 0.448765, "worst_return": 0.143667, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.032067, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-09-06", "tenure": "New", "return": 0.000292, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-13", "end": "2024-11-15", "tenure": "Developing", "return": 0.057869, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-04-11", "tenure": "Established", "return": 0.191163, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": -0.022025, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-30", "end": "2025-08-29", "tenure": "Established", "return": 0.036112, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-03", "tenure": "Developing", "return": -0.069072, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.006745, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2025-12-26", "tenure": "Developing", "return": 0.034943, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-16", "tenure": "New", "return": 0.069641, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-27", "tenure": "Developing", "return": -0.095872, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-01", "tenure": "Developing", "return": -0.062211, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": -0.066582, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.026434, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 29.601692, "volume": 12283381, "typical_volume": 19193572.4, "trend": 27.857636, "fair_value": 21.873738, "relative_strength": 13.004041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.573769, "energy": 21.206903, "activity_lines": [ 31.00933, 31.793291, 30.733265, 29.44536 ] }, { "date": "2023-08-04", "close": 29.104107, "volume": 14508900, "typical_volume": 19560407.0, "trend": 27.938064, "fair_value": 21.925813, "relative_strength": 10.187934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.785523, "energy": 21.759449, "activity_lines": [ 30.181898, 31.296729, 30.700629, 29.525777 ] }, { "date": "2023-08-11", "close": 29.789461, "volume": 14613144, "typical_volume": 19872392.7, "trend": 28.116131, "fair_value": 21.988852, "relative_strength": 15.516694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.293232, "energy": 22.690025, "activity_lines": [ 29.805109, 30.887394, 30.70814, 29.645222 ] }, { "date": "2023-08-18", "close": 28.503246, "volume": 14418800, "typical_volume": 19829338.15, "trend": 28.257896, "fair_value": 22.041385, "relative_strength": 11.840688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.409102, "energy": 16.352614, "activity_lines": [ 29.238047, 30.282951, 30.571337, 29.670197 ] }, { "date": "2023-08-25", "close": 27.742785, "volume": 8608256, "typical_volume": 19561625.4, "trend": 28.344895, "fair_value": 22.090407, "relative_strength": 10.558521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.961039, "energy": 20.392099, "activity_lines": [ 28.660347, 29.661778, 30.355895, 29.636964 ] }, { "date": "2023-09-01", "close": 28.587742, "volume": 11404600, "typical_volume": 18712633.15, "trend": 28.491042, "fair_value": 22.142651, "relative_strength": 10.654655, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.331203, "energy": 23.365854, "activity_lines": [ 28.540174, 29.306896, 30.217394, 29.652632 ] }, { "date": "2023-09-08", "close": 29.479641, "volume": 24707663, "typical_volume": 19157574.4, "trend": 28.674116, "fair_value": 22.196167, "relative_strength": 13.93246, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.387477, "energy": 27.453636, "activity_lines": [ 28.784899, 29.182115, 30.156235, 29.716412 ] }, { "date": "2023-09-15", "close": 29.507807, "volume": 20715533, "typical_volume": 18253576.8, "trend": 28.861258, "fair_value": 22.249034, "relative_strength": 13.324697, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.37458, "energy": 16.161395, "activity_lines": [ 29.013976, 29.116225, 30.07764, 29.770199 ] }, { "date": "2023-09-22", "close": 27.339083, "volume": 28361895, "typical_volume": 18765391.55, "trend": 28.96015, "fair_value": 22.286753, "relative_strength": 4.092464, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.062036, "energy": 21.686361, "activity_lines": [ 28.538922, 28.726179, 29.800056, 29.671994 ] }, { "date": "2023-09-29", "close": 27.930553, "volume": 12355557, "typical_volume": 18301742.2, "trend": 29.043081, "fair_value": 22.33277, "relative_strength": 6.727433, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.605117, "energy": 23.14773, "activity_lines": [ 28.338636, 28.53107, 29.588012, 29.605568 ] }, { "date": "2023-10-13", "close": 24.644606, "volume": 19549226, "typical_volume": 18473667.8, "trend": 29.052156, "fair_value": 22.349186, "relative_strength": -5.25387, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -54.068606, "energy": 58.568325, "activity_lines": [ 27.030516, 27.783069, 29.061858, 29.321796 ] }, { "date": "2023-10-20", "close": 24.19396, "volume": 8224931, "typical_volume": 18441749.35, "trend": 29.064361, "fair_value": 22.373621, "relative_strength": -3.989272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.359295, "energy": 84.160144, "activity_lines": [ 25.835057, 27.043261, 28.50423, 29.008364 ] }, { "date": "2023-10-27", "close": 24.766655, "volume": 11846656, "typical_volume": 17010105.25, "trend": 29.049653, "fair_value": 22.406292, "relative_strength": -3.214738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.698546, "energy": 83.552232, "activity_lines": [ 25.182875, 26.496855, 28.014736, 28.731092 ] }, { "date": "2023-11-03", "close": 24.597666, "volume": 9054844, "typical_volume": 15239172.55, "trend": 28.962966, "fair_value": 22.437109, "relative_strength": -4.574065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.049772, "energy": 85.954174, "activity_lines": [ 24.79044, 26.011048, 27.543214, 28.443868 ] }, { "date": "2023-11-10", "close": 24.588276, "volume": 7941900, "typical_volume": 14503399.8, "trend": 28.882539, "fair_value": 22.472252, "relative_strength": -4.958997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.786715, "energy": 83.97944, "activity_lines": [ 24.577636, 25.594543, 27.121227, 28.161629 ] }, { "date": "2023-11-17", "close": 25.010754, "volume": 9489186, "typical_volume": 14499186.95, "trend": 28.816507, "fair_value": 22.508325, "relative_strength": -3.923128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.167807, "energy": 71.510738, "activity_lines": [ 24.728476, 25.312208, 26.784003, 27.911837 ] }, { "date": "2023-11-24", "close": 25.095249, "volume": 10870916, "typical_volume": 14080981.0, "trend": 28.811187, "fair_value": 22.547371, "relative_strength": -3.28975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.536829, "energy": 55.075829, "activity_lines": [ 24.883072, 25.110271, 26.489654, 27.671756 ] }, { "date": "2023-12-01", "close": 25.574059, "volume": 11467881, "typical_volume": 13783901.05, "trend": 28.627174, "fair_value": 22.591501, "relative_strength": -1.334453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.506855, "energy": 43.692002, "activity_lines": [ 25.137185, 25.075108, 26.275866, 27.462909 ] }, { "date": "2023-12-08", "close": 24.513168, "volume": 8807800, "typical_volume": 13538635.95, "trend": 28.46851, "fair_value": 22.625333, "relative_strength": -3.697715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.041185, "energy": 43.623819, "activity_lines": [ 24.98384, 24.918577, 25.998148, 27.197489 ] }, { "date": "2023-12-15", "close": 25.179747, "volume": 7519000, "typical_volume": 13337503.45, "trend": 28.384953, "fair_value": 22.659762, "relative_strength": -0.274192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.00487, "energy": 38.224549, "activity_lines": [ 25.058322, 24.934623, 25.82026, 26.985311 ] }, { "date": "2023-12-22", "close": 23.90292, "volume": 7816200, "typical_volume": 13114144.4, "trend": 28.280115, "fair_value": 22.686719, "relative_strength": -4.481582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.847464, "energy": 48.90471, "activity_lines": [ 24.667764, 24.768533, 25.545537, 26.696147 ] }, { "date": "2023-12-29", "close": 24.362953, "volume": 6759423, "typical_volume": 12726670.55, "trend": 28.190612, "fair_value": 22.715497, "relative_strength": -4.5761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.609105, "energy": 52.162243, "activity_lines": [ 24.504405, 24.699571, 25.341763, 26.443427 ] }, { "date": "2024-01-05", "close": 25.02953, "volume": 11872523, "typical_volume": 12589639.5, "trend": 27.960909, "fair_value": 22.755307, "relative_strength": -0.500042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.095424, "energy": 43.861916, "activity_lines": [ 24.612059, 24.748732, 25.22405, 26.239486 ] }, { "date": "2024-01-12", "close": 26.221859, "volume": 42334035, "typical_volume": 13985401.25, "trend": 27.662044, "fair_value": 22.803946, "relative_strength": 5.838457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.270187, "energy": 29.280719, "activity_lines": [ 25.153457, 25.0099, 25.242559, 26.12729 ] }, { "date": "2024-01-19", "close": 30.521755, "volume": 75426561, "typical_volume": 17326316.5, "trend": 27.548131, "fair_value": 22.884949, "relative_strength": 24.510591, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 21.215545, "energy": 27.271216, "activity_lines": [ 27.014242, 26.023337, 25.681445, 26.311787 ] }, { "date": "2024-01-26", "close": 29.104107, "volume": 38019213, "typical_volume": 18657047.15, "trend": 27.44079, "fair_value": 22.95651, "relative_strength": 14.931806, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.897788, "energy": 37.995145, "activity_lines": [ 28.046343, 26.671139, 25.972084, 26.412173 ] }, { "date": "2024-02-02", "close": 29.949062, "volume": 33164393, "typical_volume": 19079883.65, "trend": 27.357859, "fair_value": 23.038525, "relative_strength": 25.164068, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.804954, "energy": 42.29806, "activity_lines": [ 29.01335, 27.398144, 26.340735, 26.573997 ] }, { "date": "2024-02-09", "close": 30.042948, "volume": 24142835, "typical_volume": 19251248.75, "trend": 27.247076, "fair_value": 23.121617, "relative_strength": 18.809761, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.134316, "energy": 50.039671, "activity_lines": [ 29.639245, 28.053968, 26.716093, 26.747228 ] }, { "date": "2024-02-23", "close": 31.695309, "volume": 23922287, "typical_volume": 19029268.35, "trend": 27.232054, "fair_value": 23.208661, "relative_strength": 18.721233, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.758597, "energy": 61.755738, "activity_lines": [ 30.481699, 28.928968, 27.246271, 27.034211 ] }, { "date": "2024-03-01", "close": 30.74708, "volume": 14719898, "typical_volume": 19147485.4, "trend": 27.244259, "fair_value": 23.291347, "relative_strength": 13.651505, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.205664, "energy": 53.529195, "activity_lines": [ 30.643181, 29.500979, 27.665397, 27.260987 ] }, { "date": "2024-03-08", "close": 31.892467, "volume": 15495279, "typical_volume": 18944788.05, "trend": 27.320619, "fair_value": 23.383864, "relative_strength": 16.39599, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.514482, "energy": 49.882547, "activity_lines": [ 31.171436, 30.180018, 28.180195, 27.560871 ] }, { "date": "2024-03-15", "close": 34.455505, "volume": 18444018, "typical_volume": 19455742.4, "trend": 27.498998, "fair_value": 23.486171, "relative_strength": 24.428308, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.653364, "energy": 61.006621, "activity_lines": [ 32.368147, 31.1798, 28.904579, 28.021186 ] }, { "date": "2024-03-22", "close": 33.404003, "volume": 13895889, "typical_volume": 19558204.05, "trend": 27.619483, "fair_value": 23.577589, "relative_strength": 20.02314, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.21455, "energy": 53.674469, "activity_lines": [ 32.913927, 31.804898, 29.479955, 28.402154 ] }, { "date": "2024-03-29", "close": 35.619667, "volume": 13597484, "typical_volume": 19785336.05, "trend": 27.856697, "fair_value": 23.682675, "relative_strength": 27.100142, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.557254, "energy": 67.726205, "activity_lines": [ 33.974192, 32.680581, 30.225217, 28.918295 ] }, { "date": "2024-04-05", "close": 34.812271, "volume": 9819437, "typical_volume": 19879212.9, "trend": 28.092347, "fair_value": 23.782231, "relative_strength": 22.157134, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.953175, "energy": 64.705661, "activity_lines": [ 34.503701, 33.238596, 30.841098, 29.367042 ] }, { "date": "2024-04-12", "close": 36.915272, "volume": 38712875, "typical_volume": 21340397.35, "trend": 28.369931, "fair_value": 23.889517, "relative_strength": 30.614737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.115054, "energy": 61.483431, "activity_lines": [ 35.463197, 34.100965, 31.608579, 29.936263 ] }, { "date": "2024-04-19", "close": 34.662048, "volume": 30683692, "typical_volume": 22331036.15, "trend": 28.542678, "fair_value": 23.981233, "relative_strength": 20.022783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.601114, "energy": 47.879694, "activity_lines": [ 35.336765, 34.411636, 32.104779, 30.342206 ] }, { "date": "2024-04-26", "close": 33.479111, "volume": 20348912, "typical_volume": 22775087.7, "trend": 28.675055, "fair_value": 24.063469, "relative_strength": 14.406313, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.241036, "energy": 42.459093, "activity_lines": [ 34.802251, 34.421537, 32.442762, 30.660686 ] }, { "date": "2024-05-03", "close": 31.779804, "volume": 8768694, "typical_volume": 22773132.4, "trend": 28.823079, "fair_value": 24.138666, "relative_strength": 7.469117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.616248, "energy": 30.261332, "activity_lines": [ 33.696295, 34.059997, 32.581264, 30.860992 ] }, { "date": "2024-05-10", "close": 32.192902, "volume": 14215668, "typical_volume": 23107965.8, "trend": 28.965157, "fair_value": 24.218526, "relative_strength": 6.966835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.437247, "energy": 21.329014, "activity_lines": [ 32.984028, 33.772029, 32.724505, 31.0784 ] }, { "date": "2024-05-17", "close": 33.075405, "volume": 16654394, "typical_volume": 23549875.5, "trend": 29.246184, "fair_value": 24.297759, "relative_strength": 9.54018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.200432, "energy": 21.371956, "activity_lines": [ 32.740554, 33.618229, 32.918398, 31.343577 ] }, { "date": "2024-05-24", "close": 32.108402, "volume": 19952587, "typical_volume": 24209533.7, "trend": 29.509998, "fair_value": 24.371979, "relative_strength": 8.160415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.926223, "energy": 19.505435, "activity_lines": [ 32.430737, 33.267103, 32.976517, 31.528236 ] }, { "date": "2024-05-31", "close": 33.159901, "volume": 9957400, "typical_volume": 24113777.55, "trend": 29.789773, "fair_value": 24.455904, "relative_strength": 11.219492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.486522, "energy": 16.0267, "activity_lines": [ 32.641662, 33.149832, 33.097895, 31.763714 ] }, { "date": "2024-06-07", "close": 31.899809, "volume": 10282900, "typical_volume": 22511220.8, "trend": 30.033178, "fair_value": 24.542125, "relative_strength": 7.802323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.495785, "energy": 10.703689, "activity_lines": [ 32.453838, 32.807892, 33.060549, 31.899845 ] }, { "date": "2024-06-14", "close": 31.227221, "volume": 6019000, "typical_volume": 19040842.75, "trend": 30.254476, "fair_value": 24.625694, "relative_strength": 6.090969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.004012, "energy": 8.962708, "activity_lines": [ 32.033817, 32.411298, 32.932109, 31.97688 ] }, { "date": "2024-06-21", "close": 29.766747, "volume": 7482228, "typical_volume": 17513993.5, "trend": 30.413009, "fair_value": 24.702155, "relative_strength": 2.487839, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.49204, "energy": 12.9764, "activity_lines": [ 31.19135, 31.814345, 32.661217, 31.945414 ] }, { "date": "2024-06-28", "close": 28.632959, "volume": 10055800, "typical_volume": 16358563.85, "trend": 30.530933, "fair_value": 24.766664, "relative_strength": -0.252329, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.292538, "energy": 42.462323, "activity_lines": [ 30.191531, 31.141222, 32.27919, 31.830572 ] }, { "date": "2024-07-05", "close": 29.68988, "volume": 9226989, "typical_volume": 15612771.55, "trend": 30.668127, "fair_value": 24.838541, "relative_strength": 4.051133, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.785854, "energy": 43.160971, "activity_lines": [ 29.775715, 30.769886, 32.004088, 31.776311 ] }, { "date": "2024-07-12", "close": 30.074215, "volume": 7381322, "typical_volume": 14785723.3, "trend": 30.853495, "fair_value": 24.912467, "relative_strength": 4.642084, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.287815, "energy": 45.336583, "activity_lines": [ 29.719346, 30.537325, 31.767272, 31.737994 ] }, { "date": "2024-07-19", "close": 28.066065, "volume": 7639706, "typical_volume": 14431713.7, "trend": 30.949706, "fair_value": 24.973875, "relative_strength": -2.506743, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.555115, "energy": 56.58285, "activity_lines": [ 29.115299, 29.970656, 31.346923, 31.558159 ] }, { "date": "2024-07-26", "close": 27.720165, "volume": 7133400, "typical_volume": 14013619.75, "trend": 31.076947, "fair_value": 25.031644, "relative_strength": -0.596184, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.578147, "energy": 58.056012, "activity_lines": [ 28.606697, 29.416129, 30.906397, 31.349802 ] }, { "date": "2024-08-02", "close": 30.516201, "volume": 20347446, "typical_volume": 14108791.15, "trend": 31.282056, "fair_value": 25.108113, "relative_strength": 8.688625, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.051731, "energy": 35.085946, "activity_lines": [ 29.166545, 29.467341, 30.752029, 31.313625 ] }, { "date": "2024-08-09", "close": 30.862101, "volume": 15233994, "typical_volume": 14175696.4, "trend": 31.476475, "fair_value": 25.187278, "relative_strength": 11.19106, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.295237, "energy": 29.145071, "activity_lines": [ 29.716143, 29.610393, 30.649362, 31.286531 ] }, { "date": "2024-08-16", "close": 31.111921, "volume": 8661643, "typical_volume": 13928904.35, "trend": 31.639477, "fair_value": 25.268701, "relative_strength": 10.990189, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.21526, "energy": 18.407081, "activity_lines": [ 30.270867, 29.840645, 30.582592, 31.263011 ] }, { "date": "2024-08-23", "close": 31.851767, "volume": 8912117, "typical_volume": 13883538.35, "trend": 31.68381, "fair_value": 25.357315, "relative_strength": 14.216971, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.914139, "energy": 21.175865, "activity_lines": [ 31.003026, 30.219739, 30.607749, 31.276707 ] }, { "date": "2024-08-30", "close": 32.841431, "volume": 8776029, "typical_volume": 12386696.05, "trend": 31.808388, "fair_value": 25.452332, "relative_strength": 17.700832, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.103887, "energy": 24.984956, "activity_lines": [ 31.812693, 30.767417, 30.741257, 31.351393 ] }, { "date": "2024-09-06", "close": 32.851036, "volume": 8032417, "typical_volume": 11254132.3, "trend": 31.90512, "fair_value": 25.546516, "relative_strength": 20.322314, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.40939, "energy": 29.508079, "activity_lines": [ 32.284143, 31.260938, 30.895079, 31.41866 ] }, { "date": "2024-09-13", "close": 31.380955, "volume": 7416692, "typical_volume": 10607521.3, "trend": 31.949721, "fair_value": 25.62823, "relative_strength": 16.995711, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.271575, "energy": 23.297283, "activity_lines": [ 32.109911, 31.410479, 30.917518, 31.384843 ] }, { "date": "2024-09-20", "close": 31.80372, "volume": 3725634, "typical_volume": 10355368.3, "trend": 31.953334, "fair_value": 25.711639, "relative_strength": 16.665077, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.395783, "energy": 20.583202, "activity_lines": [ 32.04201, 31.60614, 30.99021, 31.375424 ] }, { "date": "2024-09-27", "close": 34.484459, "volume": 11124059, "typical_volume": 10200787.85, "trend": 32.077914, "fair_value": 25.802198, "relative_strength": 11.761904, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.454666, "energy": 37.116037, "activity_lines": [ 32.82157, 32.257762, 31.318098, 31.538722 ] }, { "date": "2024-10-04", "close": 37.511101, "volume": 9181714, "typical_volume": 9827153.85, "trend": 32.265201, "fair_value": 25.910367, "relative_strength": 11.957655, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.315777, "energy": 62.613602, "activity_lines": [ 34.434496, 33.342985, 31.923325, 31.88925 ] }, { "date": "2024-10-11", "close": 32.380226, "volume": 26021580, "typical_volume": 10130603.5, "trend": 32.196025, "fair_value": 25.98057, "relative_strength": 0.003152, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.685904, "energy": 37.876205, "activity_lines": [ 34.02582, 33.317305, 32.018775, 31.896671 ] }, { "date": "2024-10-18", "close": 33.369888, "volume": 15415815, "typical_volume": 10403524.25, "trend": 32.194888, "fair_value": 26.071689, "relative_strength": 1.239365, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.289673, "energy": 38.313661, "activity_lines": [ 33.978419, 33.437671, 32.207184, 31.972404 ] }, { "date": "2024-10-25", "close": 35.051353, "volume": 26413084, "typical_volume": 11210033.45, "trend": 32.175945, "fair_value": 26.171735, "relative_strength": 4.611549, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.395101, "energy": 32.343114, "activity_lines": [ 34.35891, 33.818163, 32.554732, 32.156692 ] }, { "date": "2024-11-01", "close": 33.302631, "volume": 18004442, "typical_volume": 11809305.55, "trend": 32.125623, "fair_value": 26.263678, "relative_strength": -0.139326, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 49.254244, "energy": 25.449314, "activity_lines": [ 33.939986, 33.809079, 32.720728, 32.229382 ] }, { "date": "2024-11-08", "close": 34.888012, "volume": 22018781, "typical_volume": 12536133.2, "trend": 32.058048, "fair_value": 26.36411, "relative_strength": -1.219398, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.701158, "energy": 31.045042, "activity_lines": [ 34.12831, 34.061866, 33.02783, 32.4076 ] }, { "date": "2024-11-15", "close": 33.196938, "volume": 14239775, "typical_volume": 12745331.95, "trend": 32.009211, "fair_value": 26.446177, "relative_strength": -2.919052, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 38.335522, "energy": 22.626723, "activity_lines": [ 33.927815, 33.969975, 33.149491, 32.481077 ] }, { "date": "2024-11-22", "close": 31.313696, "volume": 7696141, "typical_volume": 12668789.55, "trend": 31.93703, "fair_value": 26.530745, "relative_strength": -6.889081, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.750599, "energy": 12.833778, "activity_lines": [ 33.045126, 33.529388, 33.070062, 32.436205 ] }, { "date": "2024-11-29", "close": 32.322575, "volume": 8856245, "typical_volume": 12742535.7, "trend": 31.955123, "fair_value": 26.622676, "relative_strength": -5.859067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.483355, "energy": 14.45478, "activity_lines": [ 32.635809, 33.273455, 33.078984, 32.461079 ] }, { "date": "2024-12-06", "close": 32.841431, "volume": 8705826, "typical_volume": 12795841.7, "trend": 31.97674, "fair_value": 26.71626, "relative_strength": -6.739528, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.026435, "energy": 12.459967, "activity_lines": [ 32.581362, 33.102427, 33.126614, 32.51826 ] }, { "date": "2024-12-13", "close": 34.772709, "volume": 20177294, "typical_volume": 13448036.4, "trend": 32.033317, "fair_value": 26.818402, "relative_strength": -1.266651, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.15443, "energy": 14.471735, "activity_lines": [ 33.201422, 33.312413, 33.335436, 32.698645 ] }, { "date": "2024-12-20", "close": 32.668476, "volume": 14002149, "typical_volume": 13130771.55, "trend": 32.051986, "fair_value": 26.902039, "relative_strength": -6.78291, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.885173, "energy": 7.849799, "activity_lines": [ 33.127757, 33.1896, 33.310271, 32.739623 ] }, { "date": "2024-12-27", "close": 33.264194, "volume": 8764334, "typical_volume": 12807288.55, "trend": 32.055463, "fair_value": 26.994033, "relative_strength": -6.252609, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.64651, "energy": 13.72234, "activity_lines": [ 33.287896, 33.169859, 33.331592, 32.81783 ] }, { "date": "2025-01-03", "close": 32.764557, "volume": 18244309, "typical_volume": 13286421.85, "trend": 32.084288, "fair_value": 27.084616, "relative_strength": -2.595955, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.950552, "energy": 12.57343, "activity_lines": [ 33.151456, 33.061196, 33.29389, 32.863578 ] }, { "date": "2025-01-10", "close": 32.399445, "volume": 14233602, "typical_volume": 13552496.1, "trend": 32.123362, "fair_value": 27.167723, "relative_strength": -2.677374, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.796303, "energy": 6.307115, "activity_lines": [ 32.863846, 32.927728, 33.213546, 32.883911 ] }, { "date": "2025-01-17", "close": 34.311508, "volume": 19694383, "typical_volume": 14098413.8, "trend": 32.274854, "fair_value": 27.2644, "relative_strength": 0.462693, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.319045, "energy": 14.394441, "activity_lines": [ 33.243057, 33.158329, 33.312695, 33.025082 ] }, { "date": "2025-01-24", "close": 33.725395, "volume": 13605407, "typical_volume": 14377063.3, "trend": 32.444602, "fair_value": 27.356723, "relative_strength": -1.508146, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.144148, "energy": 13.579301, "activity_lines": [ 33.457643, 33.292845, 33.349024, 33.118665 ] }, { "date": "2025-01-31", "close": 33.398712, "volume": 2405740, "typical_volume": 14126515.7, "trend": 32.568229, "fair_value": 27.441099, "relative_strength": -2.450257, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.796538, "energy": 18.005651, "activity_lines": [ 33.492874, 33.358357, 33.350076, 33.180221 ] }, { "date": "2025-02-07", "close": 32.48592, "volume": 10984515, "typical_volume": 14489459.75, "trend": 32.64862, "fair_value": 27.519564, "relative_strength": -6.446279, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.948174, "energy": 7.430045, "activity_lines": [ 33.214873, 33.219997, 33.254587, 33.17491 ] }, { "date": "2025-02-14", "close": 32.447483, "volume": 12264247, "typical_volume": 14546469.15, "trend": 32.794667, "fair_value": 27.59408, "relative_strength": -7.626048, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.009562, "energy": 2.407211, "activity_lines": [ 32.942635, 33.071678, 33.152189, 33.161934 ] }, { "date": "2025-02-21", "close": 31.688423, "volume": 11264459, "typical_volume": 14650606.4, "trend": 32.926942, "fair_value": 27.658176, "relative_strength": -10.459707, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.095461, "energy": 27.402538, "activity_lines": [ 32.414175, 32.792512, 32.9872, 33.090563 ] }, { "date": "2025-02-28", "close": 31.515472, "volume": 10083592, "typical_volume": 13853707.0, "trend": 32.960251, "fair_value": 27.722238, "relative_strength": -9.276116, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.837674, "energy": 39.234131, "activity_lines": [ 32.002937, 32.537977, 32.833466, 32.999501 ] }, { "date": "2025-03-07", "close": 31.899809, "volume": 8438166, "typical_volume": 13504824.55, "trend": 32.994841, "fair_value": 27.77013, "relative_strength": -9.407588, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.785031, "energy": 50.45999, "activity_lines": [ 31.867139, 32.374286, 32.720453, 32.931085 ] }, { "date": "2025-03-14", "close": 34.157776, "volume": 17434980, "typical_volume": 13055919.35, "trend": 33.09637, "fair_value": 27.834408, "relative_strength": -4.100912, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.400756, "energy": 23.38414, "activity_lines": [ 32.583924, 32.645941, 32.829486, 33.006113 ] }, { "date": "2025-03-21", "close": 33.955997, "volume": 15853101, "typical_volume": 12948352.3, "trend": 33.166511, "fair_value": 27.910651, "relative_strength": -2.961307, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.696049, "energy": 9.855493, "activity_lines": [ 33.121992, 32.855578, 32.923556, 33.061573 ] }, { "date": "2025-03-28", "close": 34.388378, "volume": 19416574, "typical_volume": 12818241.95, "trend": 33.218076, "fair_value": 27.983095, "relative_strength": -1.063548, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.11747, "energy": 20.888109, "activity_lines": [ 33.70362, 33.115529, 33.055694, 33.140403 ] }, { "date": "2025-04-04", "close": 35.6759, "volume": 11584689, "typical_volume": 12685487.65, "trend": 33.312238, "fair_value": 28.069049, "relative_strength": 3.053755, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 44.611415, "energy": 48.543969, "activity_lines": [ 34.534424, 33.608177, 33.312833, 33.298972 ] }, { "date": "2025-04-11", "close": 37.299713, "volume": 40708983, "typical_volume": 14336129.75, "trend": 33.50953, "fair_value": 28.155558, "relative_strength": 11.343562, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 81.66582, "energy": 77.542481, "activity_lines": [ 35.629138, 34.3606, 33.712816, 33.556229 ] }, { "date": "2025-04-18", "close": 36.703995, "volume": 41272882, "typical_volume": 15956961.6, "trend": 33.672872, "fair_value": 28.237053, "relative_strength": 8.299308, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.584877, "energy": 77.460741, "activity_lines": [ 36.165285, 34.933783, 34.027559, 33.762323 ] }, { "date": "2025-04-25", "close": 38.516846, "volume": 33017581, "typical_volume": 17172549.35, "trend": 33.807285, "fair_value": 28.325093, "relative_strength": 12.837825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.294249, "energy": 85.428703, "activity_lines": [ 37.135968, 35.759883, 34.49409, 34.074838 ] }, { "date": "2025-05-02", "close": 35.954269, "volume": 15098093, "typical_volume": 16918589.3, "trend": 33.755391, "fair_value": 28.393242, "relative_strength": 5.702364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.350984, "energy": 71.97318, "activity_lines": [ 36.948403, 36.009708, 34.689541, 34.213353 ] }, { "date": "2025-05-09", "close": 36.179234, "volume": 12767096, "typical_volume": 16856836.65, "trend": 33.882024, "fair_value": 28.479734, "relative_strength": 4.239809, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.714661, "energy": 49.451469, "activity_lines": [ 36.731432, 36.222875, 34.900791, 34.36973 ] }, { "date": "2025-05-16", "close": 36.159672, "volume": 11460890, "typical_volume": 16991664.45, "trend": 33.975017, "fair_value": 28.571835, "relative_strength": 3.34759, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.805196, "energy": 40.842267, "activity_lines": [ 36.474386, 36.34769, 35.093459, 34.516675 ] }, { "date": "2025-05-23", "close": 35.895588, "volume": 18394572, "typical_volume": 16999177.6, "trend": 34.003158, "fair_value": 28.678547, "relative_strength": 3.115608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.661055, "energy": 24.708406, "activity_lines": [ 36.205314, 36.347037, 35.247189, 34.640583 ] }, { "date": "2025-05-30", "close": 36.022739, "volume": 9348632, "typical_volume": 16754929.1, "trend": 34.093829, "fair_value": 28.791927, "relative_strength": 3.504649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.331613, "energy": 21.563495, "activity_lines": [ 36.03252, 36.337906, 35.398119, 34.770878 ] }, { "date": "2025-06-06", "close": 36.922573, "volume": 13560853, "typical_volume": 16448252.6, "trend": 34.161647, "fair_value": 28.904088, "relative_strength": 4.815732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.405745, "energy": 24.051371, "activity_lines": [ 36.325944, 36.454804, 35.617493, 34.953378 ] }, { "date": "2025-06-13", "close": 35.572819, "volume": 14765501, "typical_volume": 16506257.3, "trend": 34.240843, "fair_value": 29.002699, "relative_strength": 1.189816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.392689, "energy": 19.311779, "activity_lines": [ 36.104897, 36.280216, 35.695886, 35.044421 ] }, { "date": "2025-06-20", "close": 34.584961, "volume": 10462335, "typical_volume": 16909087.05, "trend": 34.349886, "fair_value": 29.093545, "relative_strength": -1.186136, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.73157, "energy": 12.539684, "activity_lines": [ 35.594991, 35.927892, 35.6714, 35.066622 ] }, { "date": "2025-06-27", "close": 35.240273, "volume": 10764332, "typical_volume": 16898077.9, "trend": 34.447142, "fair_value": 29.186262, "relative_strength": -1.322449, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.392638, "energy": 13.80541, "activity_lines": [ 35.408503, 35.744074, 35.703676, 35.124066 ] }, { "date": "2025-07-04", "close": 35.308739, "volume": 7749655, "typical_volume": 16672348.3, "trend": 34.529386, "fair_value": 29.283299, "relative_strength": -2.518786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.40531, "energy": 12.799924, "activity_lines": [ 35.288525, 35.599318, 35.729356, 35.179653 ] }, { "date": "2025-07-11", "close": 35.201153, "volume": 6485555, "typical_volume": 16433403.1, "trend": 34.543667, "fair_value": 29.377079, "relative_strength": -3.847428, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.956073, "energy": 13.094879, "activity_lines": [ 35.180285, 35.49333, 35.731165, 35.222993 ] }, { "date": "2025-07-18", "close": 34.878384, "volume": 8484192, "typical_volume": 16353433.1, "trend": 34.617331, "fair_value": 29.455981, "relative_strength": -5.463928, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.044523, "energy": 9.813511, "activity_lines": [ 35.079217, 35.34235, 35.685507, 35.244588 ] }, { "date": "2025-07-25", "close": 35.289181, "volume": 9728471, "typical_volume": 16417948.35, "trend": 34.68483, "fair_value": 29.526562, "relative_strength": -5.965455, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 11.210749, "energy": 11.405768, "activity_lines": [ 35.161377, 35.289712, 35.662958, 35.287933 ] }, { "date": "2025-08-01", "close": 34.770794, "volume": 11350467, "typical_volume": 16113722.7, "trend": 34.751705, "fair_value": 29.604112, "relative_strength": -6.342628, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.503363, "energy": 13.842756, "activity_lines": [ 35.023793, 35.158649, 35.5749, 35.293479 ] }, { "date": "2025-08-08", "close": 35.641285, "volume": 7780446, "typical_volume": 15710089.95, "trend": 34.859766, "fair_value": 29.687784, "relative_strength": -5.81341, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.124319, "energy": 11.759361, "activity_lines": [ 35.207671, 35.206308, 35.566826, 35.350871 ] }, { "date": "2025-08-15", "close": 35.034874, "volume": 10566446, "typical_volume": 15267583.55, "trend": 34.883879, "fair_value": 29.766846, "relative_strength": -8.735899, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.859969, "energy": 9.507557, "activity_lines": [ 35.167243, 35.150646, 35.492973, 35.362169 ] }, { "date": "2025-08-22", "close": 36.531338, "volume": 15761860, "typical_volume": 15476442.1, "trend": 34.97741, "fair_value": 29.863625, "relative_strength": -7.77113, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.624126, "energy": 19.588209, "activity_lines": [ 35.636721, 35.40139, 35.558563, 35.468456 ] }, { "date": "2025-08-29", "close": 37.323586, "volume": 16010084, "typical_volume": 14241497.15, "trend": 35.108239, "fair_value": 29.969876, "relative_strength": -6.229166, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.148153, "energy": 42.470432, "activity_lines": [ 36.260085, 35.778751, 35.695531, 35.619822 ] }, { "date": "2025-09-05", "close": 37.949558, "volume": 22066655, "typical_volume": 13281185.8, "trend": 35.29036, "fair_value": 30.080019, "relative_strength": -3.173624, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.919683, "energy": 67.430825, "activity_lines": [ 36.956479, 36.220132, 35.892001, 35.803133 ] }, { "date": "2025-09-12", "close": 37.127968, "volume": 19449826, "typical_volume": 12602798.05, "trend": 35.446377, "fair_value": 30.188206, "relative_strength": -6.338794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.288901, "energy": 67.68381, "activity_lines": [ 37.167092, 36.462874, 36.004294, 35.921689 ] }, { "date": "2025-09-19", "close": 38.810272, "volume": 37453179, "typical_volume": 13720552.35, "trend": 35.683772, "fair_value": 30.30164, "relative_strength": -0.5275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.512885, "energy": 76.227041, "activity_lines": [ 37.839361, 36.978412, 36.28342, 36.138714 ] }, { "date": "2025-09-26", "close": 35.670631, "volume": 18968558, "typical_volume": 14030625.45, "trend": 35.822277, "fair_value": 30.389833, "relative_strength": -8.446946, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.810531, "energy": 45.48585, "activity_lines": [ 37.21339, 36.857486, 36.249933, 36.137866 ] }, { "date": "2025-10-03", "close": 35.3283, "volume": 5190292, "typical_volume": 13717095.55, "trend": 35.93656, "fair_value": 30.469632, "relative_strength": -10.238698, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.173786, "energy": 14.319833, "activity_lines": [ 36.530689, 36.659914, 36.186264, 36.105997 ] }, { "date": "2025-10-10", "close": 34.800137, "volume": 5372452, "typical_volume": 13065989.55, "trend": 35.957972, "fair_value": 30.542857, "relative_strength": -11.714191, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.525001, "energy": 12.758022, "activity_lines": [ 35.804953, 36.3656, 36.076253, 36.032679 ] }, { "date": "2025-10-17", "close": 34.213287, "volume": 9056297, "typical_volume": 13051372.8, "trend": 35.966548, "fair_value": 30.614004, "relative_strength": -11.686542, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.158701, "energy": 42.695411, "activity_lines": [ 35.093561, 35.964053, 35.915568, 35.920119 ] }, { "date": "2025-10-24", "close": 35.034874, "volume": 8010027, "typical_volume": 12773831.5, "trend": 35.988098, "fair_value": 30.705945, "relative_strength": -11.801974, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.355471, "energy": 41.918116, "activity_lines": [ 34.850344, 35.737849, 35.841746, 35.860011 ] }, { "date": "2025-10-31", "close": 34.428467, "volume": 8609049, "typical_volume": 12466008.9, "trend": 35.946517, "fair_value": 30.79785, "relative_strength": -13.182217, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.932994, "energy": 58.052703, "activity_lines": [ 34.656684, 35.40139, 35.71916, 35.75939 ] }, { "date": "2025-11-07", "close": 34.624084, "volume": 8915062, "typical_volume": 12388645.25, "trend": 35.857329, "fair_value": 30.887459, "relative_strength": -13.383042, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.412131, "energy": 53.012172, "activity_lines": [ 34.611041, 35.138731, 35.620654, 35.674071 ] }, { "date": "2025-11-14", "close": 35.504353, "volume": 12792000, "typical_volume": 12490028.65, "trend": 35.817341, "fair_value": 30.971817, "relative_strength": -10.84029, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.670553, "energy": 29.956396, "activity_lines": [ 34.905769, 35.085203, 35.605796, 35.651299 ] }, { "date": "2025-11-21", "close": 34.076355, "volume": 8741022, "typical_volume": 12539597.0, "trend": 35.669325, "fair_value": 31.039018, "relative_strength": -10.834161, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.836284, "energy": 34.589434, "activity_lines": [ 34.67755, 34.816497, 35.453681, 35.538977 ] }, { "date": "2025-11-28", "close": 34.340439, "volume": 5810328, "typical_volume": 12505835.65, "trend": 35.615531, "fair_value": 31.106346, "relative_strength": -11.232419, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.196445, "energy": 32.159425, "activity_lines": [ 34.546487, 34.65129, 35.332585, 35.453242 ] }, { "date": "2025-12-05", "close": 34.858822, "volume": 7688800, "typical_volume": 12466066.05, "trend": 35.571517, "fair_value": 31.179585, "relative_strength": -10.096142, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.21287, "energy": 27.696297, "activity_lines": [ 34.634515, 34.661605, 35.264958, 35.404423 ] }, { "date": "2025-12-12", "close": 34.115482, "volume": 5488165, "typical_volume": 12254050.75, "trend": 35.503377, "fair_value": 31.256846, "relative_strength": -11.455023, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.861251, "energy": 39.379213, "activity_lines": [ 34.446072, 34.551526, 35.12663, 35.310485 ] }, { "date": "2025-12-19", "close": 36.580246, "volume": 14671719, "typical_volume": 12420113.35, "trend": 35.526199, "fair_value": 31.327519, "relative_strength": -5.030014, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.807139, "energy": 8.988001, "activity_lines": [ 35.113124, 34.911638, 35.22863, 35.37996 ] }, { "date": "2025-12-26", "close": 35.631504, "volume": 7519550, "typical_volume": 12407068.55, "trend": 35.513158, "fair_value": 31.392411, "relative_strength": -9.062066, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.674965, "energy": 16.486147, "activity_lines": [ 35.392202, 35.066886, 35.231657, 35.386754 ] }, { "date": "2026-01-02", "close": 35.954269, "volume": 4038500, "typical_volume": 12080671.25, "trend": 35.480881, "fair_value": 31.453174, "relative_strength": -8.15335, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.950933, "energy": 13.736371, "activity_lines": [ 35.675192, 35.255033, 35.26547, 35.415213 ] }, { "date": "2026-01-09", "close": 37.333366, "volume": 11150370, "typical_volume": 11850096.75, "trend": 35.539566, "fair_value": 31.531442, "relative_strength": -7.929825, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.725112, "energy": 36.829067, "activity_lines": [ 36.310293, 35.677208, 35.426248, 35.534728 ] }, { "date": "2026-01-16", "close": 38.45816, "volume": 14443900, "typical_volume": 11771787.55, "trend": 35.668673, "fair_value": 31.606871, "relative_strength": -4.502349, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.42966, "energy": 68.787605, "activity_lines": [ 37.155355, 36.251075, 35.69033, 35.723024 ] }, { "date": "2026-01-23", "close": 42.644348, "volume": 36842346, "typical_volume": 12510572.1, "trend": 35.915475, "fair_value": 31.723518, "relative_strength": 5.027776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.131498, "energy": 88.23715, "activity_lines": [ 39.106301, 37.516357, 36.347694, 36.173068 ] }, { "date": "2026-01-30", "close": 41.959694, "volume": 15711000, "typical_volume": 12323630.8, "trend": 36.137174, "fair_value": 31.83704, "relative_strength": 3.816011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.636183, "energy": 89.49046, "activity_lines": [ 40.424756, 38.527337, 36.917496, 36.563018 ] }, { "date": "2026-02-06", "close": 43.612652, "volume": 20043403, "typical_volume": 11453142.0, "trend": 36.417557, "fair_value": 31.9555, "relative_strength": 9.104463, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.895075, "energy": 93.158298, "activity_lines": [ 41.872318, 39.695523, 37.621715, 37.045306 ] }, { "date": "2026-02-13", "close": 40.277393, "volume": 12588400, "typical_volume": 11134134.1, "trend": 36.597524, "fair_value": 32.058539, "relative_strength": 0.32004, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.927146, "energy": 81.936253, "activity_lines": [ 41.697567, 40.088712, 37.985422, 37.294328 ] }, { "date": "2026-02-27", "close": 39.416679, "volume": 11649130, "typical_volume": 11457076.0, "trend": 36.735107, "fair_value": 32.157445, "relative_strength": -3.746617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.230142, "energy": 54.562598, "activity_lines": [ 41.039644, 40.226888, 38.245218, 37.476209 ] }, { "date": "2026-03-06", "close": 40.453449, "volume": 12493078, "typical_volume": 11813107.3, "trend": 36.924529, "fair_value": 32.263598, "relative_strength": -0.350325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.477836, "energy": 44.646754, "activity_lines": [ 40.663409, 40.457182, 38.584287, 37.716102 ] }, { "date": "2026-03-13", "close": 41.636925, "volume": 12281500, "typical_volume": 11974367.45, "trend": 37.124384, "fair_value": 32.374268, "relative_strength": 3.142193, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.951415, "energy": 34.827723, "activity_lines": [ 40.827726, 40.832231, 39.009147, 38.020128 ] }, { "date": "2026-03-20", "close": 42.194431, "volume": 11800440, "typical_volume": 12163888.1, "trend": 37.363036, "fair_value": 32.481652, "relative_strength": 8.03676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.143286, "energy": 37.250299, "activity_lines": [ 41.199397, 41.199456, 39.451752, 38.347227 ] }, { "date": "2026-03-27", "close": 38.555965, "volume": 16425900, "typical_volume": 12554730.65, "trend": 37.430523, "fair_value": 32.572572, "relative_strength": -0.139726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.434468, "energy": 27.736069, "activity_lines": [ 40.452793, 40.791685, 39.513743, 38.424191 ] }, { "date": "2026-04-03", "close": 38.047367, "volume": 10918400, "typical_volume": 12654897.55, "trend": 37.454649, "fair_value": 32.663723, "relative_strength": -0.51465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.167195, "energy": 17.577443, "activity_lines": [ 39.651419, 40.269211, 39.507642, 38.463987 ] }, { "date": "2026-04-10", "close": 36.961697, "volume": 12657306, "typical_volume": 12648162.85, "trend": 37.421721, "fair_value": 32.739068, "relative_strength": -5.668374, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.676129, "energy": 14.646487, "activity_lines": [ 38.579442, 39.556813, 39.381842, 38.432184 ] }, { "date": "2026-04-17", "close": 37.088844, "volume": 14455605, "typical_volume": 12933892.0, "trend": 37.420416, "fair_value": 32.802469, "relative_strength": -6.434438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.29582, "energy": 18.03799, "activity_lines": [ 37.782631, 38.970852, 39.261212, 38.410708 ] }, { "date": "2026-04-24", "close": 37.186657, "volume": 11394809, "typical_volume": 13213116.05, "trend": 37.366296, "fair_value": 32.867761, "relative_strength": -6.458751, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.468757, "energy": 24.430301, "activity_lines": [ 37.32163, 38.491237, 39.135552, 38.395627 ] }, { "date": "2026-05-01", "close": 35.680408, "volume": 10598490, "typical_volume": 13358600.55, "trend": 37.366622, "fair_value": 32.923458, "relative_strength": -10.419144, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.733908, "energy": 41.062987, "activity_lines": [ 36.692397, 37.854595, 38.852886, 38.28686 ] }, { "date": "2026-05-08", "close": 35.171806, "volume": 6635000, "typical_volume": 13415942.3, "trend": 37.361405, "fair_value": 32.987028, "relative_strength": -12.686108, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.087386, "energy": 53.596763, "activity_lines": [ 36.085335, 37.209061, 38.51787, 38.145259 ] }, { "date": "2026-05-15", "close": 35.064217, "volume": 11554848, "typical_volume": 13260098.75, "trend": 37.370208, "fair_value": 33.012476, "relative_strength": -11.601221, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.998714, "energy": 55.03618, "activity_lines": [ 35.634113, 36.621145, 38.167577, 37.997053 ] }, { "date": "2026-05-22", "close": 33.779999, "volume": 9328541, "typical_volume": 13350548.3, "trend": 37.355765, "fair_value": 33.041366, "relative_strength": -13.93748, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.075201, "energy": 66.377596, "activity_lines": [ 34.881317, 35.897721, 37.702197, 37.765426 ] }, { "date": "2026-05-29", "close": 32.75, "volume": 10011133, "typical_volume": 13649179.95, "trend": 37.279603, "fair_value": 33.073825, "relative_strength": -15.196117, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.692391, "energy": 71.258532, "activity_lines": [ 34.005778, 35.129878, 37.147538, 37.46828 ] }, { "date": "2026-06-05", "close": 32.830002, "volume": 1426000, "typical_volume": 13162961.45, "trend": 37.22632, "fair_value": 33.110888, "relative_strength": -13.670592, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.523613, "energy": 81.903985, "activity_lines": [ 33.452683, 34.548297, 36.615757, 37.181209 ] }, { "date": "2026-06-12", "close": 33.290001, "volume": 1592900, "typical_volume": 12520411.45, "trend": 37.181851, "fair_value": 33.150901, "relative_strength": -12.068545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.407836, "energy": 81.052465, "activity_lines": [ 33.242949, 34.154461, 36.14923, 36.927253 ] }, { "date": "2026-06-19", "close": 31.4, "volume": 5977232, "typical_volume": 10977155.75, "trend": 37.045039, "fair_value": 33.147564, "relative_strength": -17.775241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.283268, "energy": 85.192936, "activity_lines": [ 32.528667, 33.503486, 35.527313, 36.554231 ] }, { "date": "2026-06-26", "close": 31.01, "volume": 1096704, "typical_volume": 10246440.95, "trend": 36.942827, "fair_value": 33.120783, "relative_strength": -17.078868, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.370691, "energy": 89.079589, "activity_lines": [ 31.928667, 32.882723, 34.921798, 36.164873 ] }, { "date": "2026-07-03", "close": 32.07, "volume": 1214000, "typical_volume": 9304970.8, "trend": 36.867146, "fair_value": 33.108801, "relative_strength": -14.172189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.509086, "energy": 82.424992, "activity_lines": [ 31.866667, 32.565212, 34.469377, 35.850497 ] }, { "date": "2026-07-10", "close": 31.190001, "volume": 6718700, "typical_volume": 9011485.8, "trend": 36.744852, "fair_value": 33.10153, "relative_strength": -15.117969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.568141, "energy": 84.594644, "activity_lines": [ 31.556667, 32.180732, 33.988111, 35.48423 ] }, { "date": "2026-07-17", "close": 31.84, "volume": 6923722, "typical_volume": 8775215.4, "trend": 36.669003, "fair_value": 33.097703, "relative_strength": -7.705248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.395063, "energy": 73.61043, "activity_lines": [ 31.572667, 31.996077, 33.612023, 35.167788 ] }, { "date": "2026-07-24", "close": 30.780001, "volume": 7332900, "typical_volume": 8517206.5, "trend": 36.475661, "fair_value": 33.081123, "relative_strength": -11.614995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.203494, "energy": 63.494186, "activity_lines": [ 31.332001, 31.679273, 33.171062, 34.787852 ] }, { "date": "2026-07-31", "close": 33.220001, "volume": 7947804, "typical_volume": 8300521.7, "trend": 36.395278, "fair_value": 33.088008, "relative_strength": -4.827363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.588996, "energy": 47.000684, "activity_lines": [ 31.946001, 31.884001, 33.008546, 34.57781 ] }, { "date": "2026-08-07", "close": 32.41, "volume": 7559826, "typical_volume": 8088491.0, "trend": 36.277135, "fair_value": 33.101015, "relative_strength": -9.392934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.630864, "energy": 37.702306, "activity_lines": [ 32.142667, 31.951637, 32.808968, 34.320695 ] } ], "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." } } }