{ "ticker": { "uuid": "7bd4bc16-748f-4bb0-8af9-4b5b09dfecd7", "symbol": "601163", "name": "Triangle Tyre 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": -44.723, "architecture_energy": 34.587, "architecture_maturity": 67.193, "architecture_confidence": 60.153, "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": 27.77, "rotation_up": 26.06, "upward_expansion": 16.84, "deceleration": 66.78, "rotation_down": 36.7, "downward_expansion": 64.51 }, "activity_lines": [ 12.972667, 12.857349, 13.253526, 13.600961 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 13.23, "trend_reference": 14.079454, "distance_from_trend": -0.060333, "trend_direction": "Weakening", "fair_value": 14.165651, "distance_from_fair_value": -0.066051, "fair_value_direction": "Weakening", "relative_strength": -6.065776, "relative_strength_direction": "Weakening", "price_momentum": -0.143689, "excess_performance": -0.100485, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.060333, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.041301, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.066051, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.103232, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.060658, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.005684, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.143689, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.687821, "read": "Supply-led" } ], "volume": { "latest": 18426883, "relative_activity": 1.068951, "balance": 0.687821, "dry_up": 1.223408, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.048342, "annualized_volatility": 0.213315, "from_high_reference": -0.22541, "from_low_reference": 0.081045 }, "levels": { "trend_reference": 14.079454, "fair_value_reference": 14.165651, "structural_low": 12.238154, "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": 25, "median_return": 0.001452, "positive_rate": 0.52, "directional_follow_through": 0.48, "median_excess_return": -0.001989, "regime_survival": 0.76, "best_return": 0.197299, "worst_return": -0.120915, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.044824, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.012717, "regime_survival": 0.125, "best_return": 0.179348, "worst_return": -0.13225, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.055864, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.051576, "regime_survival": 0.0, "best_return": 0.172101, "worst_return": -0.114549, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.102897, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.084968, "regime_survival": 0.0, "best_return": 0.387271, "worst_return": -0.222515, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": -0.0499, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-12-13", "tenure": "Developing", "return": 0.030141, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-04-04", "tenure": "Established", "return": -0.007921, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.00656, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-18", "tenure": "Established", "return": 0.029265, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.012739, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-09-26", "tenure": "Developing", "return": -0.019929, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": 0.027437, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-12-12", "tenure": "Developing", "return": -0.035159, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-23", "tenure": "Developing", "return": 0.056849, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-04-03", "tenure": "Developing", "return": -0.095146, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-05-08", "tenure": "Developing", "return": 0.04833, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.084058, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.048639, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 14.933143, "volume": 32944864, "typical_volume": 30290187.6, "trend": 12.894866, "fair_value": 12.39834, "relative_strength": 21.784134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.382934, "energy": 74.685741, "activity_lines": [ 14.994585, 14.587114, 13.934991, 13.468372 ] }, { "date": "2023-08-04", "close": 14.868816, "volume": 23352051, "typical_volume": 30701464.7, "trend": 13.02247, "fair_value": 12.413623, "relative_strength": 19.997598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.925225, "energy": 70.814962, "activity_lines": [ 15.002513, 14.700542, 14.080291, 13.595723 ] }, { "date": "2023-08-11", "close": 14.354198, "volume": 23243894, "typical_volume": 31163059.35, "trend": 13.100368, "fair_value": 12.427336, "relative_strength": 18.676416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.143982, "energy": 50.211268, "activity_lines": [ 14.804328, 14.690588, 14.162227, 13.681641 ] }, { "date": "2023-08-18", "close": 14.243921, "volume": 16478396, "typical_volume": 31416215.2, "trend": 13.182728, "fair_value": 12.438904, "relative_strength": 19.165645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.272805, "energy": 33.470405, "activity_lines": [ 14.561883, 14.645056, 14.222317, 13.755419 ] }, { "date": "2023-08-25", "close": 14.087698, "volume": 17978766, "typical_volume": 31746365.5, "trend": 13.252646, "fair_value": 12.446537, "relative_strength": 19.678923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.968807, "energy": 21.882751, "activity_lines": [ 14.34317, 14.563023, 14.256623, 13.813804 ] }, { "date": "2023-09-01", "close": 14.197973, "volume": 38561965, "typical_volume": 32837910.6, "trend": 13.323528, "fair_value": 12.454822, "relative_strength": 17.192739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.110294, "energy": 22.775795, "activity_lines": [ 14.243309, 14.496935, 14.290841, 13.874793 ] }, { "date": "2023-09-08", "close": 13.867147, "volume": 45316858, "typical_volume": 34443675.9, "trend": 13.383382, "fair_value": 12.460377, "relative_strength": 14.351819, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.025412, "energy": 20.359731, "activity_lines": [ 14.082184, 14.364094, 14.283469, 13.909865 ] }, { "date": "2023-09-15", "close": 13.968233, "volume": 31154897, "typical_volume": 32366408.2, "trend": 13.446605, "fair_value": 12.466028, "relative_strength": 14.5088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.246073, "energy": 15.054114, "activity_lines": [ 14.021533, 14.258414, 14.275408, 13.947597 ] }, { "date": "2023-09-22", "close": 14.01418, "volume": 19516522, "typical_volume": 31743527.3, "trend": 13.499907, "fair_value": 12.46915, "relative_strength": 13.692979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.256159, "energy": 12.859218, "activity_lines": [ 14.001928, 14.16606, 14.269322, 13.984215 ] }, { "date": "2023-09-29", "close": 13.913095, "volume": 15298350, "typical_volume": 30882831.7, "trend": 13.54803, "fair_value": 12.476882, "relative_strength": 13.009117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.467351, "energy": 11.992472, "activity_lines": [ 13.963944, 14.080179, 14.249783, 14.010872 ] }, { "date": "2023-10-13", "close": 14.01418, "volume": 27757029, "typical_volume": 31116589.7, "trend": 13.613087, "fair_value": 12.483435, "relative_strength": 13.945022, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.736719, "energy": 10.025076, "activity_lines": [ 13.971296, 14.038241, 14.236614, 14.040946 ] }, { "date": "2023-10-20", "close": 13.389286, "volume": 21102334, "typical_volume": 31406203.05, "trend": 13.664246, "fair_value": 12.489635, "relative_strength": 11.992235, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.460774, "energy": 20.257607, "activity_lines": [ 13.782602, 13.899394, 14.159503, 14.026508 ] }, { "date": "2023-10-27", "close": 13.848766, "volume": 24676917, "typical_volume": 31231396.8, "trend": 13.726803, "fair_value": 12.497895, "relative_strength": 13.7714, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.115233, "energy": 18.711699, "activity_lines": [ 13.778926, 13.870989, 14.125388, 14.038412 ] }, { "date": "2023-11-03", "close": 13.729301, "volume": 22456831, "typical_volume": 30282043.3, "trend": 13.785981, "fair_value": 12.503563, "relative_strength": 11.630378, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.692197, "energy": 22.462072, "activity_lines": [ 13.743392, 13.830053, 14.078236, 14.038573 ] }, { "date": "2023-11-10", "close": 13.196303, "volume": 25208355, "typical_volume": 30458353.05, "trend": 13.830406, "fair_value": 12.501, "relative_strength": 6.712846, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.005042, "energy": 43.228433, "activity_lines": [ 13.549185, 13.701566, 13.980652, 14.00053 ] }, { "date": "2023-11-17", "close": 13.968233, "volume": 32999635, "typical_volume": 31653069.8, "trend": 13.893328, "fair_value": 12.496468, "relative_strength": 11.90274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.643211, "energy": 17.971196, "activity_lines": [ 13.660073, 13.729636, 13.959755, 14.009422 ] }, { "date": "2023-11-24", "close": 13.78444, "volume": 22305779, "typical_volume": 31479082.05, "trend": 13.962783, "fair_value": 12.490482, "relative_strength": 10.453106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.417185, "energy": 16.243581, "activity_lines": [ 13.712761, 13.728466, 13.920719, 14.002397 ] }, { "date": "2023-12-01", "close": 13.517941, "volume": 17875660, "typical_volume": 31430893.7, "trend": 13.96458, "fair_value": 12.478139, "relative_strength": 8.253884, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.537576, "energy": 19.148817, "activity_lines": [ 13.650271, 13.680346, 13.858996, 13.973697 ] }, { "date": "2023-12-08", "close": 13.251441, "volume": 17234620, "typical_volume": 26362330.7, "trend": 13.965933, "fair_value": 12.465747, "relative_strength": 7.963807, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.518919, "energy": 31.370922, "activity_lines": [ 13.521004, 13.591959, 13.775338, 13.927688 ] }, { "date": "2023-12-15", "close": 13.214684, "volume": 16943960, "typical_volume": 24620384.15, "trend": 13.965457, "fair_value": 12.451516, "relative_strength": 8.267698, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.884867, "energy": 47.764726, "activity_lines": [ 13.411341, 13.510756, 13.69832, 13.879221 ] }, { "date": "2023-12-22", "close": 12.920615, "volume": 14718464, "typical_volume": 23709064.15, "trend": 13.960002, "fair_value": 12.436893, "relative_strength": 6.517691, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.103613, "energy": 64.791144, "activity_lines": [ 13.20243, 13.388785, 13.603317, 13.811811 ] }, { "date": "2023-12-29", "close": 13.242251, "volume": 12939109, "typical_volume": 23188417.05, "trend": 13.960446, "fair_value": 12.425273, "relative_strength": 6.575802, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.119928, "energy": 59.902596, "activity_lines": [ 13.170573, 13.345176, 13.548529, 13.765505 ] }, { "date": "2024-01-05", "close": 13.324959, "volume": 16661466, "typical_volume": 22859295.65, "trend": 13.954604, "fair_value": 12.423036, "relative_strength": 8.4477, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.121178, "energy": 48.932537, "activity_lines": [ 13.20243, 13.319278, 13.509364, 13.724506 ] }, { "date": "2024-01-12", "close": 13.701734, "volume": 21335092, "typical_volume": 23102130.45, "trend": 13.951375, "fair_value": 12.421943, "relative_strength": 12.730559, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.706751, "energy": 25.720856, "activity_lines": [ 13.372745, 13.371408, 13.510983, 13.708192 ] }, { "date": "2024-01-19", "close": 13.876337, "volume": 43835352, "typical_volume": 24394959.75, "trend": 13.951855, "fair_value": 12.425178, "relative_strength": 15.59397, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.011897, "energy": 14.906397, "activity_lines": [ 13.571241, 13.455786, 13.531813, 13.70335 ] }, { "date": "2024-01-26", "close": 13.78444, "volume": 33319164, "typical_volume": 24132819.7, "trend": 13.950177, "fair_value": 12.424614, "relative_strength": 11.222104, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.745595, "energy": 17.063054, "activity_lines": [ 13.694995, 13.511091, 13.544897, 13.692549 ] }, { "date": "2024-02-02", "close": 12.424376, "volume": 41882554, "typical_volume": 23961104.5, "trend": 13.885984, "fair_value": 12.417933, "relative_strength": 6.43807, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.463609, "energy": 26.988311, "activity_lines": [ 13.307805, 13.322453, 13.430421, 13.594111 ] }, { "date": "2024-02-09", "close": 13.922284, "volume": 53836393, "typical_volume": 25095179.3, "trend": 13.875337, "fair_value": 12.415708, "relative_strength": 13.031742, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.963762, "energy": 7.690858, "activity_lines": [ 13.474443, 13.43089, 13.465472, 13.596453 ] }, { "date": "2024-02-23", "close": 14.400145, "volume": 44025351, "typical_volume": 26320620.75, "trend": 13.842641, "fair_value": 12.410237, "relative_strength": 10.962904, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.612798, "energy": 6.776526, "activity_lines": [ 13.760547, 13.61886, 13.546254, 13.630311 ] }, { "date": "2024-03-01", "close": 14.76773, "volume": 50883879, "typical_volume": 28099897.2, "trend": 13.824262, "fair_value": 12.408506, "relative_strength": 12.395389, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.210648, "energy": 30.168615, "activity_lines": [ 14.122618, 13.852778, 13.660205, 13.689994 ] }, { "date": "2024-03-08", "close": 15.061798, "volume": 34566403, "typical_volume": 28440365.9, "trend": 13.82855, "fair_value": 12.416905, "relative_strength": 13.343637, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.071008, "energy": 54.770186, "activity_lines": [ 14.523286, 14.111925, 13.798093, 13.769835 ] }, { "date": "2024-03-15", "close": 15.04342, "volume": 33779699, "typical_volume": 29074234.15, "trend": 13.83437, "fair_value": 12.421645, "relative_strength": 12.302633, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.317063, "energy": 70.506508, "activity_lines": [ 14.83267, 14.3288, 13.929242, 13.848214 ] }, { "date": "2024-03-22", "close": 14.694213, "volume": 25508334, "typical_volume": 29115805.0, "trend": 13.845704, "fair_value": 12.42138, "relative_strength": 9.412034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.472051, "energy": 66.582659, "activity_lines": [ 14.85105, 14.449435, 14.019257, 13.903688 ] }, { "date": "2024-03-29", "close": 14.878006, "volume": 24373832, "typical_volume": 29211655.05, "trend": 13.86684, "fair_value": 12.4177, "relative_strength": 10.430492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.24664, "energy": 60.544731, "activity_lines": [ 14.879231, 14.578591, 14.12275, 13.970288 ] }, { "date": "2024-04-05", "close": 15.411004, "volume": 25211364, "typical_volume": 29211805.5, "trend": 13.910951, "fair_value": 12.415223, "relative_strength": 12.675572, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.203924, "energy": 56.74789, "activity_lines": [ 15.053221, 14.783269, 14.271534, 14.069911 ] }, { "date": "2024-04-12", "close": 15.907244, "volume": 41674292, "typical_volume": 29645538.35, "trend": 13.967926, "fair_value": 12.422346, "relative_strength": 17.404153, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.398512, "energy": 57.534011, "activity_lines": [ 15.34974, 15.05027, 14.457033, 14.198705 ] }, { "date": "2024-04-19", "close": 17.25812, "volume": 88162515, "typical_volume": 32938375.15, "trend": 14.080959, "fair_value": 12.442169, "relative_strength": 24.37101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.789812, "energy": 78.102338, "activity_lines": [ 16.040188, 15.524287, 14.761954, 14.410975 ] }, { "date": "2024-04-26", "close": 16.835396, "volume": 60128826, "typical_volume": 35051033.45, "trend": 14.176531, "fair_value": 12.458728, "relative_strength": 19.476722, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.850678, "energy": 79.847126, "activity_lines": [ 16.44208, 15.83356, 15.010074, 14.588681 ] }, { "date": "2024-05-03", "close": 15.796969, "volume": 42248482, "typical_volume": 36301726.55, "trend": 14.235957, "fair_value": 12.467523, "relative_strength": 10.801796, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.20296, "energy": 69.547594, "activity_lines": [ 16.355085, 15.901062, 15.143499, 14.693225 ] }, { "date": "2024-05-10", "close": 16.375914, "volume": 53426071, "typical_volume": 38125832.1, "trend": 14.318051, "fair_value": 12.482022, "relative_strength": 12.515041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.200341, "energy": 66.528602, "activity_lines": [ 16.399808, 16.04843, 15.319939, 14.831287 ] }, { "date": "2024-05-17", "close": 15.558038, "volume": 42750053, "typical_volume": 39527411.55, "trend": 14.369513, "fair_value": 12.489342, "relative_strength": 6.482366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.34632, "energy": 45.236021, "activity_lines": [ 16.107578, 16.017854, 15.403434, 14.911286 ] }, { "date": "2024-05-24", "close": 14.969903, "volume": 32910488, "typical_volume": 40525980.5, "trend": 14.4222, "fair_value": 12.495879, "relative_strength": 4.270301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.228421, "energy": 22.903966, "activity_lines": [ 15.642583, 15.871321, 15.418356, 14.950021 ] }, { "date": "2024-05-31", "close": 14.923953, "volume": 23770454, "typical_volume": 40881429.9, "trend": 14.45804, "fair_value": 12.507767, "relative_strength": 3.655036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.820194, "energy": 23.627865, "activity_lines": [ 15.314819, 15.717771, 15.420675, 14.982392 ] }, { "date": "2024-06-07", "close": 14.583938, "volume": 33800610, "typical_volume": 41504705.8, "trend": 14.486528, "fair_value": 12.517806, "relative_strength": 2.19428, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.26296, "energy": 21.602706, "activity_lines": [ 15.001147, 15.498222, 15.382998, 14.990514 ] }, { "date": "2024-06-14", "close": 14.464473, "volume": 19070019, "typical_volume": 40266439.15, "trend": 14.5288, "fair_value": 12.524756, "relative_strength": 1.733512, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.564668, "energy": 23.937906, "activity_lines": [ 14.728521, 15.262299, 15.329742, 14.989092 ] }, { "date": "2024-06-21", "close": 14.289869, "volume": 31380009, "typical_volume": 40169481.4, "trend": 14.539521, "fair_value": 12.532745, "relative_strength": 1.455378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.089173, "energy": 32.373995, "activity_lines": [ 14.525124, 15.01184, 15.257056, 14.973677 ] }, { "date": "2024-06-28", "close": 13.986612, "volume": 26363256, "typical_volume": 39393516.5, "trend": 14.54626, "fair_value": 12.536742, "relative_strength": 0.134649, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.54737, "energy": 41.202453, "activity_lines": [ 14.305186, 14.73565, 15.153082, 14.938005 ] }, { "date": "2024-07-05", "close": 13.628216, "volume": 20646254, "typical_volume": 37734009.55, "trend": 14.549936, "fair_value": 12.540157, "relative_strength": -1.971004, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.945626, "energy": 56.888331, "activity_lines": [ 14.031335, 14.453779, 15.007536, 14.878776 ] }, { "date": "2024-07-12", "close": 14.197973, "volume": 30162652, "typical_volume": 37040874.6, "trend": 14.581487, "fair_value": 12.547723, "relative_strength": 1.270414, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.114041, "energy": 44.663323, "activity_lines": [ 14.033785, 14.333813, 14.917652, 14.856069 ] }, { "date": "2024-07-19", "close": 13.747681, "volume": 27938952, "typical_volume": 35893628.25, "trend": 14.599254, "fair_value": 12.554339, "relative_strength": -2.365026, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.978143, "energy": 53.416388, "activity_lines": [ 13.911869, 14.161048, 14.785847, 14.802275 ] }, { "date": "2024-07-26", "close": 13.380097, "volume": 24315225, "typical_volume": 35381069.35, "trend": 14.61457, "fair_value": 12.556504, "relative_strength": -1.922008, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.795508, "energy": 58.487112, "activity_lines": [ 13.715211, 13.969235, 14.623891, 14.72362 ] }, { "date": "2024-08-02", "close": 13.839578, "volume": 29216963, "typical_volume": 35152932.55, "trend": 14.634481, "fair_value": 12.562184, "relative_strength": 0.971631, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.601394, "energy": 45.453287, "activity_lines": [ 13.732366, 13.900563, 14.513703, 14.673621 ] }, { "date": "2024-08-09", "close": 13.79363, "volume": 22567947, "typical_volume": 35005913.2, "trend": 14.650103, "fair_value": 12.567171, "relative_strength": 2.044875, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.152775, "energy": 56.196379, "activity_lines": [ 13.744006, 13.844089, 14.404871, 14.619372 ] }, { "date": "2024-08-16", "close": 13.830388, "volume": 14360050, "typical_volume": 34505224.1, "trend": 14.654392, "fair_value": 12.569495, "relative_strength": 1.588058, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.779745, "energy": 46.600985, "activity_lines": [ 13.756871, 13.814849, 14.303829, 14.566487 ] }, { "date": "2024-08-23", "close": 13.301432, "volume": 20085537, "typical_volume": 34248932.75, "trend": 14.635228, "fair_value": 12.570816, "relative_strength": -1.503205, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.562048, "energy": 46.900602, "activity_lines": [ 13.617924, 13.703137, 14.157399, 14.4792 ] }, { "date": "2024-08-30", "close": 13.378541, "volume": 26210395, "typical_volume": 33475737.9, "trend": 14.621698, "fair_value": 12.578825, "relative_strength": -0.572901, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.544606, "energy": 44.714567, "activity_lines": [ 13.534429, 13.62659, 14.028358, 14.398123 ] }, { "date": "2024-09-06", "close": 12.848412, "volume": 16533068, "typical_volume": 29894265.55, "trend": 14.635833, "fair_value": 12.582755, "relative_strength": -1.893859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.358945, "energy": 62.045547, "activity_lines": [ 13.274328, 13.470226, 13.86087, 14.283717 ] }, { "date": "2024-09-13", "close": 12.848412, "volume": 16071219, "typical_volume": 27691385.2, "trend": 14.600037, "fair_value": 12.582138, "relative_strength": 0.255655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.749796, "energy": 66.544406, "activity_lines": [ 13.080306, 13.334556, 13.71438, 14.1684 ] }, { "date": "2024-09-20", "close": 13.050824, "volume": 9497949, "typical_volume": 26053858.55, "trend": 14.555059, "fair_value": 12.586057, "relative_strength": 0.487223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.691977, "energy": 59.374067, "activity_lines": [ 13.016768, 13.249867, 13.606154, 14.068451 ] }, { "date": "2024-09-27", "close": 14.380968, "volume": 33765253, "typical_volume": 25070817.65, "trend": 14.542167, "fair_value": 12.601175, "relative_strength": -1.919437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.047351, "energy": 28.133917, "activity_lines": [ 13.448582, 13.42788, 13.637685, 14.057219 ] }, { "date": "2024-10-04", "close": 15.383394, "volume": 20297450, "typical_volume": 23948187.5, "trend": 14.552887, "fair_value": 12.621354, "relative_strength": -2.965343, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.959514, "energy": 15.439951, "activity_lines": [ 14.14257, 13.776637, 13.774185, 14.111492 ] }, { "date": "2024-10-11", "close": 14.4388, "volume": 59834413, "typical_volume": 25294383.75, "trend": 14.532733, "fair_value": 12.634285, "relative_strength": -5.567651, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.364379, "energy": 20.665765, "activity_lines": [ 14.388036, 13.917226, 13.821555, 14.104131 ] }, { "date": "2024-10-18", "close": 14.4388, "volume": 32137686, "typical_volume": 25712745.35, "trend": 14.524219, "fair_value": 12.649035, "relative_strength": -6.794586, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.315494, "energy": 28.853064, "activity_lines": [ 14.527476, 14.046921, 13.871454, 14.098071 ] }, { "date": "2024-10-25", "close": 14.486994, "volume": 31131820, "typical_volume": 25579305.85, "trend": 14.511186, "fair_value": 12.663979, "relative_strength": -7.527613, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.918217, "energy": 27.818289, "activity_lines": [ 14.576955, 14.173648, 13.928253, 14.095669 ] }, { "date": "2024-11-01", "close": 13.76409, "volume": 52366979, "typical_volume": 27244153.85, "trend": 14.456289, "fair_value": 12.672983, "relative_strength": -11.261135, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -12.432259, "energy": 12.722836, "activity_lines": [ 14.289721, 14.156999, 13.916666, 14.04747 ] }, { "date": "2024-11-08", "close": 14.390607, "volume": 43557920, "typical_volume": 27853049.4, "trend": 14.405734, "fair_value": 12.685264, "relative_strength": -11.937735, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -6.434457, "energy": 7.023192, "activity_lines": [ 14.252452, 14.245851, 13.968082, 14.043232 ] }, { "date": "2024-11-15", "close": 14.352052, "volume": 42264605, "typical_volume": 28648116.85, "trend": 14.308865, "fair_value": 12.699059, "relative_strength": -8.955676, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.233767, "energy": 3.453399, "activity_lines": [ 14.268516, 14.309291, 14.015347, 14.039769 ] }, { "date": "2024-11-22", "close": 14.197832, "volume": 53486112, "typical_volume": 30290109.75, "trend": 14.220946, "fair_value": 12.713458, "relative_strength": -8.097561, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.191129, "energy": 5.565562, "activity_lines": [ 14.238958, 14.317352, 14.046184, 14.032605 ] }, { "date": "2024-11-29", "close": 14.593019, "volume": 30676602, "typical_volume": 30315807.25, "trend": 14.180815, "fair_value": 12.734936, "relative_strength": -7.167324, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.540922, "energy": 12.436584, "activity_lines": [ 14.357192, 14.372731, 14.111945, 14.05661 ] }, { "date": "2024-12-06", "close": 15.017123, "volume": 47223848, "typical_volume": 31280052.05, "trend": 14.135522, "fair_value": 12.757371, "relative_strength": -6.629674, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.691034, "energy": 33.724783, "activity_lines": [ 14.609727, 14.47718, 14.216216, 14.110565 ] }, { "date": "2024-12-13", "close": 14.824349, "volume": 38452722, "typical_volume": 31986926.9, "trend": 14.111065, "fair_value": 12.777661, "relative_strength": -7.462185, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.813566, "energy": 45.417629, "activity_lines": [ 14.714467, 14.535012, 14.296083, 14.155006 ] }, { "date": "2024-12-20", "close": 14.602658, "volume": 21977078, "typical_volume": 31624932.65, "trend": 14.098824, "fair_value": 12.79778, "relative_strength": -8.143604, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.743597, "energy": 44.265869, "activity_lines": [ 14.716395, 14.562701, 14.347958, 14.186722 ] }, { "date": "2024-12-27", "close": 14.766517, "volume": 21929791, "typical_volume": 31593024.85, "trend": 14.093576, "fair_value": 12.817188, "relative_strength": -7.955347, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.782796, "energy": 46.150962, "activity_lines": [ 14.756235, 14.617204, 14.411806, 14.229799 ] }, { "date": "2025-01-03", "close": 13.956863, "volume": 21919428, "typical_volume": 31970993.75, "trend": 14.072673, "fair_value": 12.829644, "relative_strength": -7.850429, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.398677, "energy": 15.220733, "activity_lines": [ 14.488279, 14.518538, 14.393911, 14.220978 ] }, { "date": "2025-01-10", "close": 13.812284, "volume": 22533660, "typical_volume": 32093399.9, "trend": 14.050934, "fair_value": 12.841457, "relative_strength": -7.498507, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.334696, "energy": 13.127989, "activity_lines": [ 14.214539, 14.403224, 14.361644, 14.204179 ] }, { "date": "2025-01-17", "close": 14.409883, "volume": 20040339, "typical_volume": 31784897.1, "trend": 14.054934, "fair_value": 12.856646, "relative_strength": -5.559098, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.700042, "energy": 18.142622, "activity_lines": [ 14.220322, 14.395688, 14.383859, 14.227337 ] }, { "date": "2025-01-24", "close": 14.689406, "volume": 16557829, "typical_volume": 31786135.15, "trend": 14.078361, "fair_value": 12.874537, "relative_strength": -3.896478, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.838262, "energy": 21.093606, "activity_lines": [ 14.34691, 14.438624, 14.427784, 14.268271 ] }, { "date": "2025-01-31", "close": 14.795433, "volume": 4858385, "typical_volume": 31225493.45, "trend": 14.117268, "fair_value": 12.891459, "relative_strength": -3.069145, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.546679, "energy": 24.105601, "activity_lines": [ 14.503058, 14.494704, 14.47304, 14.314533 ] }, { "date": "2025-02-07", "close": 14.593019, "volume": 14248917, "typical_volume": 31463041.85, "trend": 14.130436, "fair_value": 12.906969, "relative_strength": -5.879424, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.568466, "energy": 35.709696, "activity_lines": [ 14.589806, 14.503116, 14.489747, 14.345227 ] }, { "date": "2025-02-14", "close": 14.525548, "volume": 19946157, "typical_volume": 30772087.05, "trend": 14.156365, "fair_value": 12.923639, "relative_strength": -7.323307, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.787453, "energy": 38.060881, "activity_lines": [ 14.611654, 14.499261, 14.492685, 14.370718 ] }, { "date": "2025-02-21", "close": 14.390607, "volume": 16407841, "typical_volume": 30577606.6, "trend": 14.190049, "fair_value": 12.940751, "relative_strength": -8.864648, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.885383, "energy": 23.582093, "activity_lines": [ 14.54097, 14.479808, 14.482082, 14.38583 ] }, { "date": "2025-02-28", "close": 14.583381, "volume": 23859127, "typical_volume": 28778842.3, "trend": 14.214842, "fair_value": 12.962111, "relative_strength": -5.835977, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.159996, "energy": 21.096402, "activity_lines": [ 14.53583, 14.503292, 14.494567, 14.411207 ] }, { "date": "2025-03-07", "close": 14.650852, "volume": 20373275, "typical_volume": 28190621.75, "trend": 14.243416, "fair_value": 12.982539, "relative_strength": -6.617796, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.408901, "energy": 21.388933, "activity_lines": [ 14.560248, 14.539393, 14.512789, 14.439336 ] }, { "date": "2025-03-14", "close": 14.862904, "volume": 21154394, "typical_volume": 27691750.45, "trend": 14.277833, "fair_value": 13.003701, "relative_strength": -6.344809, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.804373, "energy": 29.62889, "activity_lines": [ 14.664989, 14.616153, 14.550196, 14.479303 ] }, { "date": "2025-03-21", "close": 14.7376, "volume": 19112284, "typical_volume": 26029015.7, "trend": 14.325706, "fair_value": 13.025879, "relative_strength": -5.451095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.71843, "energy": 37.930104, "activity_lines": [ 14.709969, 14.653656, 14.57388, 14.508966 ] }, { "date": "2025-03-28", "close": 14.795433, "volume": 29701682, "typical_volume": 25336203.8, "trend": 14.372935, "fair_value": 13.046723, "relative_strength": -4.507776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.340913, "energy": 43.686812, "activity_lines": [ 14.760091, 14.68485, 14.598436, 14.539271 ] }, { "date": "2025-04-04", "close": 14.486994, "volume": 16852987, "typical_volume": 24065622.9, "trend": 14.427555, "fair_value": 13.067578, "relative_strength": -5.969941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.642935, "energy": 29.961504, "activity_lines": [ 14.680411, 14.652955, 14.591688, 14.546629 ] }, { "date": "2025-04-11", "close": 13.224322, "volume": 36181614, "typical_volume": 23200398.0, "trend": 14.440085, "fair_value": 13.082215, "relative_strength": -10.974772, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.695183, "energy": 37.620267, "activity_lines": [ 14.186266, 14.395163, 14.464044, 14.469001 ] }, { "date": "2025-04-18", "close": 13.31107, "volume": 12938398, "typical_volume": 22313487.8, "trend": 14.44876, "fair_value": 13.098033, "relative_strength": -10.857797, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.74327, "energy": 75.561607, "activity_lines": [ 13.816139, 14.181709, 14.349298, 14.396162 ] }, { "date": "2025-04-25", "close": 13.503844, "volume": 13382891, "typical_volume": 20621439.95, "trend": 14.419523, "fair_value": 13.114178, "relative_strength": -9.55365, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.89694, "energy": 78.545029, "activity_lines": [ 13.613726, 14.026614, 14.259015, 14.335199 ] }, { "date": "2025-05-02", "close": 13.050824, "volume": 11916254, "typical_volume": 19294616.55, "trend": 14.34177, "fair_value": 13.128271, "relative_strength": -11.745654, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.453453, "energy": 86.609894, "activity_lines": [ 13.342556, 13.807727, 14.132794, 14.246896 ] }, { "date": "2025-05-09", "close": 13.38818, "volume": 15632171, "typical_volume": 18977371.2, "trend": 14.30675, "fair_value": 13.14555, "relative_strength": -10.718942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.21857, "energy": 80.608688, "activity_lines": [ 13.300146, 13.674537, 14.047147, 14.185374 ] }, { "date": "2025-05-16", "close": 13.455651, "volume": 14436549, "typical_volume": 18602709.1, "trend": 14.273978, "fair_value": 13.167013, "relative_strength": -10.588443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.415225, "energy": 68.505054, "activity_lines": [ 13.35348, 13.575346, 13.973709, 14.130465 ] }, { "date": "2025-05-23", "close": 13.272515, "volume": 12708968, "typical_volume": 18142186.1, "trend": 14.233495, "fair_value": 13.191905, "relative_strength": -10.964419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.470852, "energy": 53.940926, "activity_lines": [ 13.330347, 13.464588, 13.889072, 14.065854 ] }, { "date": "2025-05-30", "close": 13.339987, "volume": 10419063, "typical_volume": 17536456.25, "trend": 14.219359, "fair_value": 13.216263, "relative_strength": -10.158402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.260585, "energy": 47.040643, "activity_lines": [ 13.332275, 13.395015, 13.814119, 14.008208 ] }, { "date": "2025-06-06", "close": 13.31107, "volume": 10695293, "typical_volume": 17069203.95, "trend": 14.183374, "fair_value": 13.237822, "relative_strength": -11.02903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.894754, "energy": 45.589162, "activity_lines": [ 13.335488, 13.345594, 13.738662, 13.949609 ] }, { "date": "2025-06-13", "close": 13.359263, "volume": 14805086, "typical_volume": 16981566.8, "trend": 14.150281, "fair_value": 13.258098, "relative_strength": -10.167752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.435403, "energy": 39.582381, "activity_lines": [ 13.337416, 13.331925, 13.673027, 13.896441 ] }, { "date": "2025-06-20", "close": 13.291793, "volume": 9084947, "typical_volume": 17192894.9, "trend": 14.12008, "fair_value": 13.279192, "relative_strength": -9.847546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.988686, "energy": 41.060496, "activity_lines": [ 13.318781, 13.326492, 13.6073, 13.841054 ] }, { "date": "2025-06-27", "close": 13.542399, "volume": 12735284, "typical_volume": 17117213.25, "trend": 14.085059, "fair_value": 13.298823, "relative_strength": -9.572848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.452709, "energy": 31.370939, "activity_lines": [ 13.394606, 13.365397, 13.572601, 13.803785 ] }, { "date": "2025-07-04", "close": 13.542399, "volume": 14210047, "typical_volume": 16830407.75, "trend": 14.035902, "fair_value": 13.320387, "relative_strength": -10.542165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.090773, "energy": 25.644609, "activity_lines": [ 13.452438, 13.400097, 13.542904, 13.768774 ] }, { "date": "2025-07-11", "close": 13.706258, "volume": 15852980, "typical_volume": 16802664.7, "trend": 13.998632, "fair_value": 13.341751, "relative_strength": -10.089756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.458896, "energy": 23.017868, "activity_lines": [ 13.551395, 13.463888, 13.533495, 13.747507 ] }, { "date": "2025-07-18", "close": 13.899032, "volume": 15473915, "typical_volume": 16383404.1, "trend": 13.975178, "fair_value": 13.363043, "relative_strength": -9.179791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.734197, "energy": 17.409326, "activity_lines": [ 13.688265, 13.550811, 13.545704, 13.741081 ] }, { "date": "2025-07-25", "close": 14.13, "volume": 27464616, "typical_volume": 16737971.15, "trend": 13.95396, "fair_value": 13.387749, "relative_strength": -8.909097, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.185902, "energy": 30.734392, "activity_lines": [ 13.86614, 13.670441, 13.583169, 13.75107 ] }, { "date": "2025-08-01", "close": 13.95, "volume": 16994345, "typical_volume": 16529968.7, "trend": 13.953732, "fair_value": 13.41113, "relative_strength": -8.875078, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.575485, "energy": 41.167833, "activity_lines": [ 13.928134, 13.745083, 13.605971, 13.750814 ] }, { "date": "2025-08-08", "close": 14.05, "volume": 13996553, "typical_volume": 16274182.15, "trend": 13.961656, "fair_value": 13.436345, "relative_strength": -9.734689, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.697206, "energy": 55.584647, "activity_lines": [ 13.996288, 13.825588, 13.642644, 13.757025 ] }, { "date": "2025-08-15", "close": 14.16, "volume": 18448444, "typical_volume": 15711520.25, "trend": 13.953326, "fair_value": 13.459993, "relative_strength": -10.152384, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.454462, "energy": 63.470948, "activity_lines": [ 14.067269, 13.913184, 13.693068, 13.769822 ] }, { "date": "2025-08-22", "close": 14.29, "volume": 23078405, "typical_volume": 16022791.15, "trend": 13.940013, "fair_value": 13.483835, "relative_strength": -12.017553, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.582254, "energy": 61.949238, "activity_lines": [ 14.151333, 14.008981, 13.758898, 13.791542 ] }, { "date": "2025-08-29", "close": 13.98, "volume": 31186231, "typical_volume": 15773022.0, "trend": 13.912832, "fair_value": 13.50517, "relative_strength": -14.222948, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.945281, "energy": 37.381286, "activity_lines": [ 14.106, 14.031493, 13.796143, 13.794122 ] }, { "date": "2025-09-05", "close": 13.88, "volume": 20187953, "typical_volume": 16135499.75, "trend": 13.889064, "fair_value": 13.525109, "relative_strength": -13.426096, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.68007, "energy": 27.900988, "activity_lines": [ 14.037333, 14.023309, 13.820266, 13.792004 ] }, { "date": "2025-09-12", "close": 13.95, "volume": 16154365, "typical_volume": 16274073.45, "trend": 13.869879, "fair_value": 13.546947, "relative_strength": -13.843137, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.827974, "energy": 17.445684, "activity_lines": [ 13.996667, 14.021715, 13.848345, 13.795935 ] }, { "date": "2025-09-19", "close": 13.71, "volume": 14922648, "typical_volume": 16424393.15, "trend": 13.847192, "fair_value": 13.568695, "relative_strength": -13.738026, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -1.10282, "energy": 10.645764, "activity_lines": [ 13.882667, 13.969073, 13.851444, 13.785621 ] }, { "date": "2025-09-26", "close": 13.77, "volume": 12504838, "typical_volume": 16268026.5, "trend": 13.82008, "fair_value": 13.588509, "relative_strength": -13.115986, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -2.920328, "energy": 13.058934, "activity_lines": [ 13.818667, 13.927273, 13.857117, 13.780641 ] }, { "date": "2025-10-03", "close": 13.85, "volume": 5449320, "typical_volume": 15818665.05, "trend": 13.793385, "fair_value": 13.608198, "relative_strength": -13.421991, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.124788, "energy": 11.670064, "activity_lines": [ 13.816, 13.902364, 13.868592, 13.782571 ] }, { "date": "2025-10-10", "close": 14.06, "volume": 7903508, "typical_volume": 15578392.05, "trend": 13.766621, "fair_value": 13.632653, "relative_strength": -12.069744, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.085872, "energy": 19.763578, "activity_lines": [ 13.892, 13.920727, 13.898188, 13.799772 ] }, { "date": "2025-10-17", "close": 14.13, "volume": 23926791, "typical_volume": 16253778.45, "trend": 13.746368, "fair_value": 13.658775, "relative_strength": -9.998767, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.991136, "energy": 26.948253, "activity_lines": [ 13.979333, 13.949818, 13.930702, 13.823216 ] }, { "date": "2025-10-24", "close": 14.23, "volume": 14514488, "typical_volume": 16444738.2, "trend": 13.72752, "fair_value": 13.688261, "relative_strength": -11.570699, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.452036, "energy": 48.175823, "activity_lines": [ 14.088, 13.995636, 13.968977, 13.854418 ] }, { "date": "2025-10-31", "close": 14.79, "volume": 25509278, "typical_volume": 16979947.8, "trend": 13.73762, "fair_value": 13.719077, "relative_strength": -7.991992, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.007908, "energy": 76.597334, "activity_lines": [ 14.348667, 14.142, 14.056209, 13.922965 ] }, { "date": "2025-11-07", "close": 15.0, "volume": 26095032, "typical_volume": 17830452.05, "trend": 13.79681, "fair_value": 13.751702, "relative_strength": -7.501759, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.954243, "energy": 85.926289, "activity_lines": [ 14.611333, 14.317455, 14.156629, 14.004409 ] }, { "date": "2025-11-14", "close": 15.15, "volume": 28045890, "typical_volume": 18595982.35, "trend": 13.858107, "fair_value": 13.778566, "relative_strength": -6.183483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.901377, "energy": 89.920946, "activity_lines": [ 14.847333, 14.501636, 14.2632, 14.091711 ] }, { "date": "2025-11-21", "close": 14.4, "volume": 19250765, "typical_volume": 18848018.25, "trend": 13.887979, "fair_value": 13.798825, "relative_strength": -6.948552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.151524, "energy": 76.224777, "activity_lines": [ 14.760667, 14.526364, 14.290687, 14.126672 ] }, { "date": "2025-11-28", "close": 14.58, "volume": 17006871, "typical_volume": 18905712.8, "trend": 13.938952, "fair_value": 13.820237, "relative_strength": -6.803446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.375182, "energy": 58.892409, "activity_lines": [ 14.716, 14.575636, 14.331233, 14.171319 ] }, { "date": "2025-12-05", "close": 15.01, "volume": 20824991, "typical_volume": 19173266.6, "trend": 13.993012, "fair_value": 13.843479, "relative_strength": -4.145101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.272132, "energy": 52.088354, "activity_lines": [ 14.791333, 14.687273, 14.408571, 14.240419 ] }, { "date": "2025-12-12", "close": 14.27, "volume": 23587629, "typical_volume": 18979417.25, "trend": 14.020157, "fair_value": 13.860992, "relative_strength": -8.246847, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.831974, "energy": 25.144606, "activity_lines": [ 14.605333, 14.641818, 14.410143, 14.258289 ] }, { "date": "2025-12-19", "close": 14.6, "volume": 17928836, "typical_volume": 19026141.8, "trend": 14.064407, "fair_value": 13.87917, "relative_strength": -5.887815, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.461628, "energy": 24.061556, "activity_lines": [ 14.578, 14.648727, 14.442476, 14.295698 ] }, { "date": "2025-12-26", "close": 14.49, "volume": 14590964, "typical_volume": 19055862.35, "trend": 14.10274, "fair_value": 13.895485, "relative_strength": -8.017698, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.16163, "energy": 20.596246, "activity_lines": [ 14.550667, 14.625818, 14.461238, 14.323156 ] }, { "date": "2026-01-02", "close": 14.29, "volume": 9002848, "typical_volume": 18583582.55, "trend": 14.135371, "fair_value": 13.912604, "relative_strength": -9.077299, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.312676, "energy": 18.006217, "activity_lines": [ 14.450667, 14.56, 14.458857, 14.335237 ] }, { "date": "2026-01-09", "close": 14.25, "volume": 25298390, "typical_volume": 18694581.8, "trend": 14.165063, "fair_value": 13.933466, "relative_strength": -12.283653, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.006397, "energy": 13.778661, "activity_lines": [ 14.356667, 14.485818, 14.452048, 14.342632 ] }, { "date": "2026-01-16", "close": 15.53, "volume": 54564699, "typical_volume": 19863505.2, "trend": 14.23967, "fair_value": 13.962244, "relative_strength": -3.663493, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.654893, "energy": 34.142589, "activity_lines": [ 14.74, 14.654182, 14.567333, 14.430693 ] }, { "date": "2026-01-23", "close": 15.43, "volume": 138560350, "typical_volume": 25782125.05, "trend": 14.30259, "fair_value": 13.98412, "relative_strength": -4.710091, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.802654, "energy": 44.707115, "activity_lines": [ 15.006, 14.794727, 14.665714, 14.507488 ] }, { "date": "2026-01-30", "close": 15.45, "volume": 52800678, "typical_volume": 27614440.7, "trend": 14.366176, "fair_value": 14.00769, "relative_strength": -3.786548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.427999, "energy": 62.655068, "activity_lines": [ 15.223333, 14.933818, 14.758619, 14.581515 ] }, { "date": "2026-02-06", "close": 15.45, "volume": 36336876, "typical_volume": 28685152.1, "trend": 14.424301, "fair_value": 14.029869, "relative_strength": -2.249862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.623933, "energy": 68.811874, "activity_lines": [ 15.376667, 15.053818, 14.844381, 14.651439 ] }, { "date": "2026-02-13", "close": 15.16, "volume": 23802955, "typical_volume": 29250057.95, "trend": 14.466333, "fair_value": 14.049667, "relative_strength": -4.175182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.351045, "energy": 59.712942, "activity_lines": [ 15.356, 15.105273, 14.894238, 14.698903 ] }, { "date": "2026-02-27", "close": 15.53, "volume": 20125429, "typical_volume": 29983863.4, "trend": 14.513, "fair_value": 14.071836, "relative_strength": -3.489051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.512707, "energy": 55.373749, "activity_lines": [ 15.398, 15.221273, 14.972714, 14.767527 ] }, { "date": "2026-03-06", "close": 14.98, "volume": 32665242, "typical_volume": 31221950.1, "trend": 14.547333, "fair_value": 14.09048, "relative_strength": -5.677512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.152861, "energy": 32.59569, "activity_lines": [ 15.256667, 15.214364, 14.99081, 14.797656 ] }, { "date": "2026-03-13", "close": 14.99, "volume": 28362828, "typical_volume": 31443751.95, "trend": 14.578667, "fair_value": 14.106986, "relative_strength": -4.626282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.755374, "energy": 21.273456, "activity_lines": [ 15.148667, 15.202364, 15.005476, 14.826215 ] }, { "date": "2026-03-20", "close": 14.36, "volume": 18603499, "typical_volume": 31648202.5, "trend": 14.585333, "fair_value": 14.119105, "relative_strength": -5.098017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.744036, "energy": 12.112984, "activity_lines": [ 14.861333, 15.066727, 14.956048, 14.812108 ] }, { "date": "2026-03-27", "close": 13.9, "volume": 24138337, "typical_volume": 31579655.45, "trend": 14.572333, "fair_value": 14.130884, "relative_strength": -6.73254, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -29.243598, "energy": 28.295047, "activity_lines": [ 14.493333, 14.846182, 14.86219, 14.767892 ] }, { "date": "2026-04-03", "close": 13.98, "volume": 23140730, "typical_volume": 31431940.35, "trend": 14.572333, "fair_value": 14.144509, "relative_strength": -4.993277, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -25.554301, "energy": 34.402015, "activity_lines": [ 14.236, 14.646545, 14.78019, 14.729677 ] }, { "date": "2026-04-10", "close": 14.07, "volume": 12734314, "typical_volume": 30666361.55, "trend": 14.578667, "fair_value": 14.157958, "relative_strength": -6.545798, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.525964, "energy": 42.539744, "activity_lines": [ 14.112, 14.491455, 14.711619, 14.697269 ] }, { "date": "2026-04-17", "close": 14.09, "volume": 18359508, "typical_volume": 30621798.7, "trend": 14.583333, "fair_value": 14.17165, "relative_strength": -7.634046, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.929368, "energy": 48.038315, "activity_lines": [ 14.055333, 14.364727, 14.650095, 14.665742 ] }, { "date": "2026-04-24", "close": 13.95, "volume": 17635083, "typical_volume": 30653209.3, "trend": 14.591333, "fair_value": 14.185025, "relative_strength": -8.890791, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.768469, "energy": 47.516221, "activity_lines": [ 14.012, 14.237273, 14.576714, 14.624882 ] }, { "date": "2026-05-01", "close": 14.68, "volume": 31780615, "typical_volume": 31200990.5, "trend": 14.621667, "fair_value": 14.201688, "relative_strength": -4.616988, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.405085, "energy": 21.418048, "activity_lines": [ 14.239333, 14.269818, 14.575857, 14.630602 ] }, { "date": "2026-05-08", "close": 14.75, "volume": 15388396, "typical_volume": 30791028.85, "trend": 14.651667, "fair_value": 14.221234, "relative_strength": -5.497384, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -30.447968, "energy": 15.543441, "activity_lines": [ 14.438, 14.323818, 14.583238, 14.638882 ] }, { "date": "2026-05-15", "close": 14.6, "volume": 23927869, "typical_volume": 31090980.5, "trend": 14.669667, "fair_value": 14.228516, "relative_strength": -5.218272, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.207315, "energy": 18.621853, "activity_lines": [ 14.535333, 14.364727, 14.574048, 14.635548 ] }, { "date": "2026-05-22", "close": 14.56, "volume": 19684988, "typical_volume": 31345681.7, "trend": 14.684, "fair_value": 14.237164, "relative_strength": -4.736955, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.447599, "energy": 20.296596, "activity_lines": [ 14.584, 14.405273, 14.561048, 14.628473 ] }, { "date": "2026-05-29", "close": 14.29, "volume": 22932501, "typical_volume": 32042164.35, "trend": 14.686, "fair_value": 14.243966, "relative_strength": -5.26341, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.359127, "energy": 17.843037, "activity_lines": [ 14.511333, 14.404545, 14.522, 14.603054 ] }, { "date": "2026-06-05", "close": 13.372754, "volume": 2932700, "typical_volume": 30923879.85, "trend": 14.638758, "fair_value": 14.245815, "relative_strength": -10.135635, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.039659, "energy": 43.077119, "activity_lines": [ 14.110251, 14.238319, 14.395596, 14.518328 ] }, { "date": "2026-06-12", "close": 12.616355, "volume": 4840337, "typical_volume": 28437661.75, "trend": 14.559304, "fair_value": 14.241888, "relative_strength": -14.942735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.333629, "energy": 78.181477, "activity_lines": [ 13.544186, 13.944152, 14.201331, 14.387851 ] }, { "date": "2026-06-19", "close": 12.820001, "volume": 18975293, "typical_volume": 22458408.9, "trend": 14.481637, "fair_value": 14.237528, "relative_strength": -14.448252, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.704593, "energy": 84.484888, "activity_lines": [ 13.188246, 13.711804, 14.040335, 14.275637 ] }, { "date": "2026-06-26", "close": 12.373919, "volume": 3023668, "typical_volume": 19969558.4, "trend": 14.414101, "fair_value": 14.228395, "relative_strength": -15.738127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.086421, "energy": 92.566586, "activity_lines": [ 12.802278, 13.421078, 13.849284, 14.139656 ] }, { "date": "2026-07-03", "close": 12.800605, "volume": 3724200, "typical_volume": 18338924.6, "trend": 14.354788, "fair_value": 14.221592, "relative_strength": -12.822734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.635263, "energy": 87.495221, "activity_lines": [ 12.704278, 13.239133, 13.713518, 14.035559 ] }, { "date": "2026-07-10", "close": 12.93, "volume": 17189264, "typical_volume": 18008240.05, "trend": 14.285454, "fair_value": 14.215792, "relative_strength": -10.580544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.282265, "energy": 81.345276, "activity_lines": [ 12.748702, 13.101613, 13.602691, 13.943637 ] }, { "date": "2026-07-17", "close": 12.47, "volume": 23668253, "typical_volume": 18185381.25, "trend": 14.225454, "fair_value": 14.20374, "relative_strength": -8.157467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.528008, "energy": 72.020911, "activity_lines": [ 12.66931, 12.912274, 13.458673, 13.826511 ] }, { "date": "2026-07-24", "close": 12.51, "volume": 22945850, "typical_volume": 17699411.65, "trend": 14.155788, "fair_value": 14.192639, "relative_strength": -8.754271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.091808, "energy": 57.103978, "activity_lines": [ 12.613009, 12.771662, 13.333037, 13.715837 ] }, { "date": "2026-07-31", "close": 13.26, "volume": 19316844, "typical_volume": 17247112.45, "trend": 14.114788, "fair_value": 14.179043, "relative_strength": -3.496184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.496246, "energy": 42.428041, "activity_lines": [ 12.827374, 12.805415, 13.290591, 13.658044 ] }, { "date": "2026-08-07", "close": 13.23, "volume": 18426883, "typical_volume": 17238281.65, "trend": 14.079454, "fair_value": 14.165651, "relative_strength": -6.065776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.722729, "energy": 34.586951, "activity_lines": [ 12.972667, 12.857349, 13.253526, 13.600961 ] } ], "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." } } }