{ "ticker": { "uuid": "83fc76ea-07c5-4e32-8ca4-d1947d8823b4", "symbol": "301188", "name": "Shandong Linuo Pharmaceutical Packaging Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 16.853, "architecture_energy": 25.598, "architecture_maturity": 81.0, "architecture_confidence": 93.495, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 53.03, "rotation_up": 16.14, "upward_expansion": 51.99, "deceleration": 93.98, "rotation_down": 45.02, "downward_expansion": 22.65 }, "activity_lines": [ 37.857333, 44.331744, 43.878615, 38.836085 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 41.689999, "trend_reference": 32.250434, "distance_from_trend": 0.292696, "trend_direction": "Improving", "fair_value": 19.389098, "distance_from_fair_value": 1.150177, "fair_value_direction": "Improving", "relative_strength": 57.146595, "relative_strength_direction": "Improving", "price_momentum": 1.16459, "excess_performance": 1.15719, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.292696, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.490483, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.150177, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.522113, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.571466, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.447356, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.16459, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.101288, "read": "Demand-led" } ], "volume": { "latest": 98997836, "relative_activity": 1.038162, "balance": 1.101288, "dry_up": 0.910686, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.283552, "annualized_volatility": 1.142744, "from_high_reference": -0.453604, "from_low_reference": 1.766423 }, "levels": { "trend_reference": 32.250434, "fair_value_reference": 19.389098, "structural_low": 15.07, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.021816, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.020952, "regime_survival": 0.571429, "best_return": 0.232195, "worst_return": -0.173953, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.211651, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.141384, "regime_survival": 0.25, "best_return": 0.275887, "worst_return": -0.250297, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.037028, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.078977, "regime_survival": 0.0, "best_return": 0.04459, "worst_return": -0.109756, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.220429, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.18053, "regime_survival": 0.5, "best_return": 0.705366, "worst_return": -0.264508, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-06-28", "tenure": "New", "return": -0.087093, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-05", "end": "2024-10-18", "tenure": "Established", "return": 0.184649, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-12-13", "tenure": "Developing", "return": 0.068323, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-07-11", "tenure": "Extended", "return": 0.214006, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": 0.141951, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-09-12", "tenure": "Developing", "return": -0.284244, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-10-24", "tenure": "Developing", "return": -0.039691, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-01-09", "tenure": "Developing", "return": 0.094516, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.041096, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.104881, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.064321, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.129581, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-07-17", "tenure": "Established", "return": 0.520051, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.192506, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 14.364692, "volume": 11662643, "typical_volume": 9021606.6, "trend": 17.121781, "fair_value": 17.780521, "relative_strength": -9.676976, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.627061, "energy": 80.16321, "activity_lines": [ 15.274192, 15.927072, 16.744791, 17.083038 ] }, { "date": "2023-08-04", "close": 13.929398, "volume": 17068736, "typical_volume": 9134434.85, "trend": 17.141957, "fair_value": 17.736758, "relative_strength": -13.348596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.431611, "energy": 86.080572, "activity_lines": [ 14.684567, 15.47541, 16.427104, 16.877078 ] }, { "date": "2023-08-11", "close": 14.067901, "volume": 15519534, "typical_volume": 9141981.2, "trend": 17.128598, "fair_value": 17.695535, "relative_strength": -8.883171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.592428, "energy": 88.277847, "activity_lines": [ 14.33897, 15.114764, 16.13645, 16.678752 ] }, { "date": "2023-08-18", "close": 14.216296, "volume": 17530091, "typical_volume": 9250136.85, "trend": 17.089532, "fair_value": 17.656877, "relative_strength": -4.790189, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.055606, "energy": 85.077391, "activity_lines": [ 14.214318, 14.848371, 15.876791, 16.490861 ] }, { "date": "2023-08-25", "close": 12.494907, "volume": 34081652, "typical_volume": 10525634.65, "trend": 16.986891, "fair_value": 17.600152, "relative_strength": -13.43801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.614477, "energy": 91.593047, "activity_lines": [ 13.584461, 14.313787, 15.471908, 16.194434 ] }, { "date": "2023-09-01", "close": 12.920309, "volume": 26682644, "typical_volume": 11097129.9, "trend": 16.809081, "fair_value": 17.549284, "relative_strength": -13.135659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.646651, "energy": 84.166112, "activity_lines": [ 13.286351, 13.937313, 15.135898, 15.932074 ] }, { "date": "2023-09-08", "close": 12.583945, "volume": 17221940, "typical_volume": 11401656.65, "trend": 16.619733, "fair_value": 17.495893, "relative_strength": -13.761303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.095124, "energy": 81.926458, "activity_lines": [ 12.972412, 13.568572, 14.796608, 15.659484 ] }, { "date": "2023-09-15", "close": 12.445442, "volume": 20216248, "typical_volume": 11786940.85, "trend": 16.438486, "fair_value": 17.442165, "relative_strength": -13.433196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.592823, "energy": 83.391329, "activity_lines": [ 12.702002, 13.253074, 14.473554, 15.390175 ] }, { "date": "2023-09-22", "close": 12.623517, "volume": 15726615, "typical_volume": 12288562.9, "trend": 16.254044, "fair_value": 17.391443, "relative_strength": -12.41748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.659043, "energy": 73.918527, "activity_lines": [ 12.599114, 13.04622, 14.197591, 15.144048 ] }, { "date": "2023-09-29", "close": 12.653196, "volume": 13054289, "typical_volume": 12407997.3, "trend": 16.06896, "fair_value": 17.342086, "relative_strength": -11.548792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.94682, "energy": 63.495578, "activity_lines": [ 12.612305, 12.892428, 13.957325, 14.911736 ] }, { "date": "2023-10-13", "close": 12.475121, "volume": 20496314, "typical_volume": 13118674.65, "trend": 15.857071, "fair_value": 17.291911, "relative_strength": -12.387682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.911838, "energy": 60.853197, "activity_lines": [ 12.555585, 12.755184, 13.722021, 14.679875 ] }, { "date": "2023-10-20", "close": 11.960684, "volume": 11670865, "typical_volume": 13451353.75, "trend": 15.694557, "fair_value": 17.237511, "relative_strength": -11.583354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.131344, "energy": 64.904173, "activity_lines": [ 12.357065, 12.558763, 13.458537, 14.428495 ] }, { "date": "2023-10-27", "close": 12.336618, "volume": 14433396, "typical_volume": 13871931.35, "trend": 15.518813, "fair_value": 17.188007, "relative_strength": -10.588209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.87855, "energy": 57.352978, "activity_lines": [ 12.325407, 12.466487, 13.257472, 14.211854 ] }, { "date": "2023-11-03", "close": 12.415764, "volume": 10714903, "typical_volume": 14128926.5, "trend": 15.327772, "fair_value": 17.140284, "relative_strength": -10.655617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.729474, "energy": 57.460466, "activity_lines": [ 12.327385, 12.42008, 13.089809, 14.011657 ] }, { "date": "2023-11-10", "close": 14.997846, "volume": 70580938, "typical_volume": 17284098.75, "trend": 15.212691, "fair_value": 17.119072, "relative_strength": 6.346308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.26062, "energy": 19.904419, "activity_lines": [ 13.203909, 12.875879, 13.188362, 13.990372 ] }, { "date": "2023-11-17", "close": 16.31362, "volume": 45191485, "typical_volume": 19319041.25, "trend": 15.124513, "fair_value": 17.111176, "relative_strength": 15.208543, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 20.507936, "energy": 31.246992, "activity_lines": [ 14.362713, 13.525402, 13.421461, 14.061399 ] }, { "date": "2023-11-24", "close": 15.987149, "volume": 36333459, "typical_volume": 20931651.4, "trend": 15.031974, "fair_value": 17.100263, "relative_strength": 14.1091, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.115095, "energy": 48.741974, "activity_lines": [ 15.156794, 14.05387, 13.625352, 14.117053 ] }, { "date": "2023-12-01", "close": 16.422445, "volume": 24130360, "typical_volume": 21885026.65, "trend": 14.953619, "fair_value": 17.093745, "relative_strength": 18.156352, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.745445, "energy": 57.535797, "activity_lines": [ 15.827542, 14.599606, 13.875033, 14.206761 ] }, { "date": "2023-12-08", "close": 17.540358, "volume": 24820686, "typical_volume": 22595081.6, "trend": 14.887419, "fair_value": 17.097999, "relative_strength": 27.562881, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.523378, "energy": 81.641048, "activity_lines": [ 16.59854, 15.27629, 14.232219, 14.373647 ] }, { "date": "2023-12-15", "close": 17.708538, "volume": 25347800, "typical_volume": 23624229.9, "trend": 14.902478, "fair_value": 17.103758, "relative_strength": 30.156194, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.868852, "energy": 82.87309, "activity_lines": [ 17.083958, 15.894156, 14.594493, 14.555655 ] }, { "date": "2023-12-22", "close": 17.016027, "volume": 17169411, "typical_volume": 23899568.3, "trend": 14.908149, "fair_value": 17.102938, "relative_strength": 26.336492, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.349197, "energy": 73.867806, "activity_lines": [ 17.157827, 16.294194, 14.879554, 14.692013 ] }, { "date": "2023-12-29", "close": 17.698645, "volume": 13595167, "typical_volume": 23725889.85, "trend": 14.913096, "fair_value": 17.108454, "relative_strength": 26.14824, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.693502, "energy": 59.616239, "activity_lines": [ 17.412407, 16.735783, 15.217001, 14.872045 ] }, { "date": "2024-01-05", "close": 16.946774, "volume": 8556722, "typical_volume": 23377749.25, "trend": 14.885725, "fair_value": 17.106971, "relative_strength": 25.189421, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.823336, "energy": 57.058639, "activity_lines": [ 17.302264, 16.936342, 15.464892, 15.00325 ] }, { "date": "2024-01-12", "close": 17.382069, "volume": 15762193, "typical_volume": 23289354.35, "trend": 14.909139, "fair_value": 17.109472, "relative_strength": 28.913937, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.047029, "energy": 50.941121, "activity_lines": [ 17.302265, 17.132224, 15.740531, 15.164305 ] }, { "date": "2024-01-19", "close": 16.897308, "volume": 8566248, "typical_volume": 22013584.15, "trend": 14.907819, "fair_value": 17.10756, "relative_strength": 27.241325, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.347405, "energy": 44.447437, "activity_lines": [ 17.15123, 17.149672, 15.954927, 15.292574 ] }, { "date": "2024-01-26", "close": 16.818167, "volume": 17502073, "typical_volume": 21554555.6, "trend": 14.911447, "fair_value": 17.104977, "relative_strength": 26.05097, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.46007, "energy": 32.863757, "activity_lines": [ 17.027898, 17.118194, 16.140822, 15.415822 ] }, { "date": "2024-02-02", "close": 13.949184, "volume": 17165548, "typical_volume": 21551736.0, "trend": 14.813176, "fair_value": 17.077049, "relative_strength": 13.101367, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.876649, "energy": 14.904266, "activity_lines": [ 15.961428, 16.55591, 16.034919, 15.35374 ] }, { "date": "2024-02-09", "close": 14.542767, "volume": 18987294, "typical_volume": 21490288.3, "trend": 14.743265, "fair_value": 17.054819, "relative_strength": 7.508473, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.985079, "energy": 18.280251, "activity_lines": [ 15.342784, 16.138604, 15.979047, 15.336295 ] }, { "date": "2024-02-23", "close": 16.303726, "volume": 20966231, "typical_volume": 21752269.1, "trend": 14.778551, "fair_value": 17.048287, "relative_strength": 16.820381, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.401496, "energy": 18.695391, "activity_lines": [ 15.471393, 16.075648, 16.080898, 15.436969 ] }, { "date": "2024-03-01", "close": 16.353193, "volume": 18555682, "typical_volume": 22027338.75, "trend": 14.812187, "fair_value": 17.042295, "relative_strength": 12.347119, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.280886, "energy": 17.409268, "activity_lines": [ 15.68838, 16.04417, 16.169936, 15.538559 ] }, { "date": "2024-03-08", "close": 16.778591, "volume": 11049602, "typical_volume": 21555003.15, "trend": 14.89265, "fair_value": 17.040041, "relative_strength": 15.716621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.130007, "energy": 13.261112, "activity_lines": [ 16.083442, 16.11468, 16.281868, 15.665424 ] }, { "date": "2024-03-15", "close": 18.084476, "volume": 16979218, "typical_volume": 21820420.8, "trend": 15.031153, "fair_value": 17.048893, "relative_strength": 21.041739, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.029461, "energy": 37.887015, "activity_lines": [ 16.916436, 16.426941, 16.497678, 15.871348 ] }, { "date": "2024-03-22", "close": 17.550251, "volume": 8523804, "typical_volume": 21524941.2, "trend": 15.147231, "fair_value": 17.053106, "relative_strength": 17.770255, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.554538, "energy": 50.543818, "activity_lines": [ 17.29567, 16.635054, 16.633448, 16.033871 ] }, { "date": "2024-03-29", "close": 16.699448, "volume": 10452067, "typical_volume": 21511799.4, "trend": 15.230003, "fair_value": 17.050158, "relative_strength": 13.626648, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.174723, "energy": 43.952488, "activity_lines": [ 17.190803, 16.677504, 16.663363, 16.134014 ] }, { "date": "2024-04-05", "close": 17.144636, "volume": 6370488, "typical_volume": 18301276.9, "trend": 15.384994, "fair_value": 17.050939, "relative_strength": 14.498669, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.054236, "energy": 39.655377, "activity_lines": [ 17.207951, 16.813309, 16.715278, 16.257539 ] }, { "date": "2024-04-12", "close": 16.264156, "volume": 7853768, "typical_volume": 16434391.05, "trend": 15.496455, "fair_value": 17.04449, "relative_strength": 12.049039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.949927, "energy": 21.328663, "activity_lines": [ 16.878843, 16.784529, 16.673115, 16.314259 ] }, { "date": "2024-04-19", "close": 14.245975, "volume": 19060824, "typical_volume": 15570759.3, "trend": 15.551856, "fair_value": 17.021738, "relative_strength": -2.389, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.177975, "energy": 9.815053, "activity_lines": [ 15.911304, 16.39888, 16.438979, 16.233582 ] }, { "date": "2024-04-26", "close": 14.68127, "volume": 12320350, "typical_volume": 14980258.8, "trend": 15.626384, "fair_value": 17.002863, "relative_strength": -1.30014, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.660438, "energy": 20.873129, "activity_lines": [ 15.344763, 16.08698, 16.254592, 16.177416 ] }, { "date": "2024-05-03", "close": 17.579929, "volume": 14841224, "typical_volume": 14481285.7, "trend": 15.791598, "fair_value": 17.00748, "relative_strength": 16.390427, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.10356, "energy": 17.101783, "activity_lines": [ 15.935707, 16.29959, 16.354559, 16.303451 ] }, { "date": "2024-05-10", "close": 17.797577, "volume": 35619445, "typical_volume": 14994867.95, "trend": 15.963077, "fair_value": 17.01375, "relative_strength": 15.841345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.271355, "energy": 19.925099, "activity_lines": [ 16.540501, 16.528569, 16.475065, 16.432869 ] }, { "date": "2024-05-17", "close": 18.153725, "volume": 23743838, "typical_volume": 15323589.3, "trend": 16.152364, "fair_value": 17.022727, "relative_strength": 18.247411, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 55.279178, "energy": 34.232531, "activity_lines": [ 17.220482, 16.796041, 16.629067, 16.574201 ] }, { "date": "2024-05-24", "close": 17.550251, "volume": 13199150, "typical_volume": 15303788.45, "trend": 16.338683, "fair_value": 17.026848, "relative_strength": 17.351697, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 49.750868, "energy": 38.830476, "activity_lines": [ 17.573334, 16.928788, 16.720177, 16.664387 ] }, { "date": "2024-05-31", "close": 17.550251, "volume": 12592400, "typical_volume": 15505572.35, "trend": 16.512471, "fair_value": 17.030905, "relative_strength": 17.599713, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.021009, "energy": 48.958274, "activity_lines": [ 17.705901, 17.071248, 16.811994, 16.742553 ] }, { "date": "2024-06-07", "close": 15.890349, "volume": 13917449, "typical_volume": 15413335.15, "trend": 16.62829, "fair_value": 17.022132, "relative_strength": 7.58724, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.834238, "energy": 26.821161, "activity_lines": [ 17.093902, 16.911907, 16.742852, 16.702416 ] }, { "date": "2024-06-14", "close": 15.880399, "volume": 8996892, "typical_volume": 15434867.35, "trend": 16.657708, "fair_value": 17.013416, "relative_strength": 7.429181, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.856039, "energy": 7.079906, "activity_lines": [ 16.591225, 16.765468, 16.679865, 16.654165 ] }, { "date": "2024-06-21", "close": 15.024689, "volume": 10650364, "typical_volume": 15092281.9, "trend": 16.614744, "fair_value": 16.99835, "relative_strength": 3.601851, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.271697, "energy": 34.038819, "activity_lines": [ 15.931123, 16.486432, 16.540224, 16.548809 ] }, { "date": "2024-06-28", "close": 14.497332, "volume": 8661500, "typical_volume": 14667079.5, "trend": 16.565084, "fair_value": 16.979546, "relative_strength": 2.234746, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.45515, "energy": 51.546176, "activity_lines": [ 15.303837, 16.134049, 16.358899, 16.412202 ] }, { "date": "2024-07-05", "close": 13.741122, "volume": 9664400, "typical_volume": 14200934.8, "trend": 16.475706, "fair_value": 16.955378, "relative_strength": -1.473238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.192849, "energy": 70.852605, "activity_lines": [ 14.62801, 15.639602, 16.102944, 16.230011 ] }, { "date": "2024-07-12", "close": 13.054564, "volume": 11599084, "typical_volume": 13732577.45, "trend": 16.32618, "fair_value": 16.926483, "relative_strength": -8.007986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.037586, "energy": 78.385895, "activity_lines": [ 13.977272, 15.037421, 15.78542, 16.009292 ] }, { "date": "2024-07-19", "close": 12.238653, "volume": 14269445, "typical_volume": 13518265.6, "trend": 16.14385, "fair_value": 16.892014, "relative_strength": -14.07525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.389097, "energy": 85.689725, "activity_lines": [ 13.243616, 14.369171, 15.405662, 15.74558 ] }, { "date": "2024-07-26", "close": 12.258554, "volume": 16491500, "typical_volume": 13790360.5, "trend": 15.985268, "fair_value": 16.858193, "relative_strength": -10.925163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.914682, "energy": 84.997636, "activity_lines": [ 12.759377, 13.805611, 15.047393, 15.494916 ] }, { "date": "2024-08-02", "close": 12.74611, "volume": 16488662, "typical_volume": 13765832.7, "trend": 15.820183, "fair_value": 16.828395, "relative_strength": -6.989143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.827297, "energy": 82.639001, "activity_lines": [ 12.622065, 13.437883, 14.757081, 15.285938 ] }, { "date": "2024-08-09", "close": 13.432669, "volume": 16364143, "typical_volume": 14157849.65, "trend": 15.703046, "fair_value": 16.803966, "relative_strength": -0.47833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.245297, "energy": 73.080634, "activity_lines": [ 12.830354, 13.282331, 14.557577, 15.131905 ] }, { "date": "2024-08-16", "close": 11.860549, "volume": 28919048, "typical_volume": 15081198.7, "trend": 15.518996, "fair_value": 16.768656, "relative_strength": -11.855547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.960397, "energy": 62.526741, "activity_lines": [ 12.535167, 12.915805, 14.227955, 14.884002 ] }, { "date": "2024-08-23", "close": 10.895387, "volume": 33795370, "typical_volume": 16452442.8, "trend": 15.318932, "fair_value": 16.727001, "relative_strength": -17.395969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.955218, "energy": 66.677297, "activity_lines": [ 11.997861, 12.447064, 13.829455, 14.585705 ] }, { "date": "2024-08-30", "close": 11.601845, "volume": 20190332, "typical_volume": 17069271.0, "trend": 15.145054, "fair_value": 16.690909, "relative_strength": -13.826049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.910688, "energy": 58.807391, "activity_lines": [ 11.785591, 12.197406, 13.527995, 14.345893 ] }, { "date": "2024-09-06", "close": 11.382942, "volume": 20521185, "typical_volume": 17142289.05, "trend": 15.059513, "fair_value": 16.65379, "relative_strength": -13.360216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.968686, "energy": 75.070927, "activity_lines": [ 11.544135, 11.970181, 13.227888, 14.103176 ] }, { "date": "2024-09-13", "close": 11.661547, "volume": 14345247, "typical_volume": 17243533.9, "trend": 14.963472, "fair_value": 16.619122, "relative_strength": -9.845279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.141759, "energy": 67.250216, "activity_lines": [ 11.486424, 11.850237, 12.967949, 13.883952 ] }, { "date": "2024-09-20", "close": 11.681446, "volume": 7640387, "typical_volume": 16883492.05, "trend": 14.809396, "fair_value": 16.585069, "relative_strength": -10.951125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.342416, "energy": 54.12784, "activity_lines": [ 11.553421, 11.771721, 12.724285, 13.672208 ] }, { "date": "2024-09-27", "close": 13.422718, "volume": 38690350, "typical_volume": 17037037.3, "trend": 14.711714, "fair_value": 16.563409, "relative_strength": -13.348619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.44633, "energy": 34.271662, "activity_lines": [ 12.212783, 12.034766, 12.674544, 13.582745 ] }, { "date": "2024-10-04", "close": 15.18389, "volume": 17924360, "typical_volume": 16746063.4, "trend": 14.658557, "fair_value": 16.554024, "relative_strength": -11.637508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.520432, "energy": 17.04418, "activity_lines": [ 13.290713, 12.596496, 12.813366, 13.613208 ] }, { "date": "2024-10-11", "close": 14.507281, "volume": 50969839, "typical_volume": 18634597.85, "trend": 14.539317, "fair_value": 16.540195, "relative_strength": -11.837007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.059539, "energy": 21.056354, "activity_lines": [ 13.904304, 12.982018, 12.901892, 13.603449 ] }, { "date": "2024-10-18", "close": 16.278404, "volume": 32083086, "typical_volume": 19609132.15, "trend": 14.496922, "fair_value": 16.538438, "relative_strength": -4.283976, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 40.401013, "energy": 43.986994, "activity_lines": [ 14.89998, 13.657541, 13.173586, 13.715648 ] }, { "date": "2024-10-25", "close": 16.019701, "volume": 63132391, "typical_volume": 22069879.25, "trend": 14.474264, "fair_value": 16.53498, "relative_strength": -8.408021, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.26124, "energy": 45.588116, "activity_lines": [ 15.501631, 14.234286, 13.426698, 13.813891 ] }, { "date": "2024-11-01", "close": 14.41773, "volume": 41789992, "typical_volume": 23709534.25, "trend": 14.383367, "fair_value": 16.520958, "relative_strength": -16.38508, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.546832, "energy": 43.770819, "activity_lines": [ 15.280075, 14.444143, 13.526626, 13.810244 ] }, { "date": "2024-11-08", "close": 15.064489, "volume": 33482985, "typical_volume": 24851165.3, "trend": 14.343378, "fair_value": 16.511376, "relative_strength": -18.247345, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.729564, "energy": 39.577653, "activity_lines": [ 15.20777, 14.707551, 13.695115, 13.854187 ] }, { "date": "2024-11-15", "close": 15.721197, "volume": 40241466, "typical_volume": 26430163.6, "trend": 14.392552, "fair_value": 16.506211, "relative_strength": -11.365831, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.834145, "energy": 28.932712, "activity_lines": [ 15.362329, 15.027402, 13.925958, 13.943079 ] }, { "date": "2024-11-22", "close": 16.258503, "volume": 43763583, "typical_volume": 28135122.75, "trend": 14.445127, "fair_value": 16.504603, "relative_strength": -5.527274, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.138539, "energy": 30.493841, "activity_lines": [ 15.615062, 15.366068, 14.202145, 14.063463 ] }, { "date": "2024-11-29", "close": 16.626657, "volume": 28171806, "typical_volume": 28963758.85, "trend": 14.413351, "fair_value": 16.50539, "relative_strength": -4.898786, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.136462, "energy": 35.85043, "activity_lines": [ 15.99184, 15.68809, 14.501406, 14.204207 ] }, { "date": "2024-12-06", "close": 16.298304, "volume": 25874203, "typical_volume": 29543996.75, "trend": 14.363375, "fair_value": 16.504063, "relative_strength": -8.136497, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.068324, "energy": 41.293045, "activity_lines": [ 16.218703, 15.860498, 14.752386, 14.325817 ] }, { "date": "2024-12-13", "close": 17.114216, "volume": 26788656, "typical_volume": 30058854.55, "trend": 14.328725, "fair_value": 16.440536, "relative_strength": -2.56121, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.4856, "energy": 57.941562, "activity_lines": [ 16.592165, 16.128971, 15.061741, 14.50329 ] }, { "date": "2024-12-20", "close": 16.268454, "volume": 18794383, "typical_volume": 30174140.6, "trend": 14.285998, "fair_value": 16.377847, "relative_strength": -6.404505, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.983402, "energy": 46.466778, "activity_lines": [ 16.547058, 16.208572, 15.267424, 14.628434 ] }, { "date": "2024-12-27", "close": 15.193841, "volume": 23038108, "typical_volume": 30507838.85, "trend": 14.207451, "fair_value": 16.30734, "relative_strength": -12.262474, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.474776, "energy": 32.487675, "activity_lines": [ 16.107262, 16.060768, 15.35399, 14.687005 ] }, { "date": "2025-01-03", "close": 14.437631, "volume": 13885340, "typical_volume": 29756153.45, "trend": 14.159027, "fair_value": 16.23465, "relative_strength": -9.776512, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.205234, "energy": 17.214199, "activity_lines": [ 15.486374, 15.79519, 15.36015, 14.701855 ] }, { "date": "2025-01-10", "close": 14.666484, "volume": 15654772, "typical_volume": 28849123.55, "trend": 14.118564, "fair_value": 16.166031, "relative_strength": -6.999579, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.940655, "energy": 20.077032, "activity_lines": [ 15.087706, 15.599987, 15.375833, 14.734594 ] }, { "date": "2025-01-17", "close": 16.268454, "volume": 19299949, "typical_volume": 28804604.4, "trend": 14.160022, "fair_value": 16.110036, "relative_strength": -0.155899, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.73857, "energy": 22.184668, "activity_lines": [ 15.331816, 15.691528, 15.526127, 14.873297 ] }, { "date": "2025-01-24", "close": 15.820698, "volume": 13780833, "typical_volume": 28467586.8, "trend": 14.204135, "fair_value": 16.064248, "relative_strength": -3.697854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.309396, "energy": 17.006376, "activity_lines": [ 15.483057, 15.679768, 15.611556, 14.980437 ] }, { "date": "2025-01-31", "close": 15.661496, "volume": 1931104, "typical_volume": 27846879.65, "trend": 14.268147, "fair_value": 16.012172, "relative_strength": -2.942926, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.193789, "energy": 15.508256, "activity_lines": [ 15.611082, 15.637254, 15.660691, 15.07446 ] }, { "date": "2025-02-07", "close": 16.089352, "volume": 6994695, "typical_volume": 27814595.05, "trend": 14.369307, "fair_value": 15.968479, "relative_strength": -4.00614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.829861, "energy": 27.478184, "activity_lines": [ 15.850549, 15.683387, 15.731526, 15.191957 ] }, { "date": "2025-02-14", "close": 16.049551, "volume": 13439808, "typical_volume": 26552067.95, "trend": 14.496337, "fair_value": 15.910832, "relative_strength": -5.610487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.474021, "energy": 26.938848, "activity_lines": [ 15.966633, 15.732052, 15.777581, 15.30036 ] }, { "date": "2025-02-21", "close": 15.770947, "volume": 16777921, "typical_volume": 26494746.0, "trend": 14.613416, "fair_value": 15.869003, "relative_strength": -8.888479, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.153524, "energy": 24.214951, "activity_lines": [ 15.897646, 15.734584, 15.784593, 15.382593 ] }, { "date": "2025-02-28", "close": 15.512244, "volume": 24746363, "typical_volume": 25183572.2, "trend": 14.705621, "fair_value": 15.844976, "relative_strength": -6.863978, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.624306, "energy": 19.760089, "activity_lines": [ 15.775591, 15.714503, 15.764172, 15.440582 ] }, { "date": "2025-03-07", "close": 16.676409, "volume": 31305648, "typical_volume": 25144700.3, "trend": 14.813746, "fair_value": 15.827606, "relative_strength": -1.716379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.968652, "energy": 30.43538, "activity_lines": [ 16.062154, 15.919838, 15.849838, 15.56773 ] }, { "date": "2025-03-14", "close": 16.746059, "volume": 19962066, "typical_volume": 22986184.05, "trend": 14.976596, "fair_value": 15.806035, "relative_strength": -2.087359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.690672, "energy": 34.460759, "activity_lines": [ 16.304274, 16.11088, 15.940242, 15.692395 ] }, { "date": "2025-03-21", "close": 16.616709, "volume": 15955875, "typical_volume": 21694478.2, "trend": 15.167307, "fair_value": 15.781899, "relative_strength": 0.145526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.202582, "energy": 41.699174, "activity_lines": [ 16.459496, 16.236432, 16.014868, 15.798209 ] }, { "date": "2025-03-28", "close": 17.731121, "volume": 28203783, "typical_volume": 21430518.1, "trend": 15.371616, "fair_value": 15.76503, "relative_strength": 7.809955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.189869, "energy": 66.52081, "activity_lines": [ 16.948379, 16.529147, 16.185157, 15.963616 ] }, { "date": "2025-04-04", "close": 18.089327, "volume": 26716656, "typical_volume": 20754277.6, "trend": 15.595162, "fair_value": 15.757151, "relative_strength": 12.622905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.646806, "energy": 71.686192, "activity_lines": [ 17.425985, 16.860396, 16.376863, 16.138952 ] }, { "date": "2025-04-11", "close": 17.53212, "volume": 24971481, "typical_volume": 19814672.5, "trend": 15.790848, "fair_value": 15.739503, "relative_strength": 15.021665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.710826, "energy": 61.969227, "activity_lines": [ 17.54605, 17.049086, 16.504224, 16.263917 ] }, { "date": "2025-04-18", "close": 16.885361, "volume": 12529300, "typical_volume": 19032547.2, "trend": 15.964312, "fair_value": 15.707296, "relative_strength": 11.113035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.52129, "energy": 55.506037, "activity_lines": [ 17.393481, 17.086173, 16.563925, 16.334531 ] }, { "date": "2025-04-25", "close": 17.581871, "volume": 29504165, "typical_volume": 19214045.3, "trend": 16.10295, "fair_value": 15.687983, "relative_strength": 13.804464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.80884, "energy": 39.931286, "activity_lines": [ 17.463796, 17.235425, 16.688728, 16.43889 ] }, { "date": "2025-05-02", "close": 17.263466, "volume": 13553445, "typical_volume": 18552284.75, "trend": 16.172269, "fair_value": 15.681876, "relative_strength": 12.062415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.554318, "energy": 30.501766, "activity_lines": [ 17.363631, 17.298925, 16.777095, 16.513762 ] }, { "date": "2025-05-09", "close": 17.890324, "volume": 16745829, "typical_volume": 18449857.05, "trend": 16.285037, "fair_value": 15.693485, "relative_strength": 13.615713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.519191, "energy": 32.840324, "activity_lines": [ 17.503596, 17.449262, 16.924451, 16.624604 ] }, { "date": "2025-05-16", "close": 18.427631, "volume": 26985299, "typical_volume": 18647216.6, "trend": 16.356678, "fair_value": 15.711452, "relative_strength": 16.506987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.672964, "energy": 40.420168, "activity_lines": [ 17.83593, 17.654054, 17.115257, 16.762836 ] }, { "date": "2025-05-23", "close": 20.099253, "volume": 88460233, "typical_volume": 22375961.25, "trend": 16.492663, "fair_value": 15.748067, "relative_strength": 27.475822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.509362, "energy": 60.389957, "activity_lines": [ 18.665771, 18.130936, 17.449865, 17.004292 ] }, { "date": "2025-05-30", "close": 20.879999, "volume": 52111424, "typical_volume": 24198793.85, "trend": 16.708072, "fair_value": 15.785906, "relative_strength": 33.299698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.238405, "energy": 78.24511, "activity_lines": [ 19.541601, 18.688806, 17.831871, 17.287346 ] }, { "date": "2025-06-06", "close": 23.0, "volume": 46153438, "typical_volume": 25541468.3, "trend": 16.972589, "fair_value": 15.835414, "relative_strength": 43.810821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.929168, "energy": 87.850389, "activity_lines": [ 20.904223, 19.554615, 18.386193, 17.693277 ] }, { "date": "2025-06-13", "close": 22.559999, "volume": 79019215, "typical_volume": 28803387.4, "trend": 17.200549, "fair_value": 15.879808, "relative_strength": 41.033048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.340307, "energy": 85.231668, "activity_lines": [ 21.737742, 20.244627, 18.866555, 18.053755 ] }, { "date": "2025-06-20", "close": 21.85, "volume": 37353903, "typical_volume": 30574527.35, "trend": 17.386933, "fair_value": 15.919403, "relative_strength": 37.313319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.092906, "energy": 79.118943, "activity_lines": [ 22.023283, 20.724263, 19.247206, 18.35372 ] }, { "date": "2025-06-27", "close": 21.82, "volume": 43641251, "typical_volume": 32406855.15, "trend": 17.560044, "fair_value": 15.953483, "relative_strength": 31.452138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.967623, "energy": 67.110777, "activity_lines": [ 22.070666, 21.119937, 19.595531, 18.639724 ] }, { "date": "2025-07-04", "close": 20.57, "volume": 42960104, "typical_volume": 33882869.95, "trend": 17.702434, "fair_value": 15.980616, "relative_strength": 21.833669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.37245, "energy": 47.742017, "activity_lines": [ 21.586667, 21.198618, 19.79752, 18.833915 ] }, { "date": "2025-07-11", "close": 19.75, "volume": 38868781, "typical_volume": 34987412.95, "trend": 17.790293, "fair_value": 15.999985, "relative_strength": 14.418534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.780232, "energy": 31.890105, "activity_lines": [ 20.85, 21.073879, 19.899887, 18.966016 ] }, { "date": "2025-07-18", "close": 20.5, "volume": 37472618, "typical_volume": 35623725.7, "trend": 17.931345, "fair_value": 16.019332, "relative_strength": 15.699611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.464327, "energy": 23.766825, "activity_lines": [ 20.58, 21.040293, 20.054735, 19.140836 ] }, { "date": "2025-07-25", "close": 21.639999, "volume": 40056597, "typical_volume": 36061273.15, "trend": 18.146217, "fair_value": 16.046991, "relative_strength": 18.633458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.424729, "energy": 24.056522, "activity_lines": [ 20.827333, 21.166532, 20.294403, 19.380104 ] }, { "date": "2025-08-01", "close": 22.450001, "volume": 38379071, "typical_volume": 36982123.4, "trend": 18.413296, "fair_value": 16.085988, "relative_strength": 24.245867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.342259, "energy": 31.655525, "activity_lines": [ 21.358667, 21.381636, 20.587578, 19.657767 ] }, { "date": "2025-08-08", "close": 23.41, "volume": 38594880, "typical_volume": 38114073.65, "trend": 18.704746, "fair_value": 16.133458, "relative_strength": 27.210924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.695202, "energy": 46.627186, "activity_lines": [ 22.168, 21.728545, 20.94502, 19.980135 ] }, { "date": "2025-08-15", "close": 25.26, "volume": 44837342, "typical_volume": 38945751.6, "trend": 19.004465, "fair_value": 16.187458, "relative_strength": 30.157955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.192907, "energy": 71.614978, "activity_lines": [ 23.404667, 22.365818, 21.446304, 20.403055 ] }, { "date": "2025-08-22", "close": 19.690001, "volume": 101205218, "typical_volume": 42670179.7, "trend": 19.133441, "fair_value": 16.203055, "relative_strength": -3.293951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.145405, "energy": 37.188664, "activity_lines": [ 22.417334, 21.949273, 21.38126, 20.447283 ] }, { "date": "2025-08-29", "close": 19.1, "volume": 58154417, "typical_volume": 44329326.5, "trend": 19.248058, "fair_value": 16.215686, "relative_strength": -10.226712, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.833065, "energy": 16.768225, "activity_lines": [ 21.287334, 21.477637, 21.252402, 20.445125 ] }, { "date": "2025-09-05", "close": 18.34, "volume": 30421972, "typical_volume": 45223960.1, "trend": 19.32308, "fair_value": 16.223382, "relative_strength": -13.132402, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -5.667138, "energy": 14.573631, "activity_lines": [ 20.073334, 20.917818, 21.043698, 20.386541 ] }, { "date": "2025-09-12", "close": 18.08, "volume": 27249332, "typical_volume": 45111218.45, "trend": 19.390761, "fair_value": 16.227531, "relative_strength": -16.515019, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -31.648401, "energy": 39.763626, "activity_lines": [ 19.046667, 20.374, 20.803305, 20.306342 ] }, { "date": "2025-09-19", "close": 18.139999, "volume": 19608777, "typical_volume": 45413985.05, "trend": 19.46973, "fair_value": 16.239965, "relative_strength": -17.122363, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.900558, "energy": 54.961452, "activity_lines": [ 18.395333, 19.886364, 20.566254, 20.225648 ] }, { "date": "2025-09-26", "close": 17.26, "volume": 19848616, "typical_volume": 45569124.4, "trend": 19.527988, "fair_value": 16.250709, "relative_strength": -21.874237, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.772345, "energy": 65.678602, "activity_lines": [ 17.925333, 19.268, 20.24122, 20.083085 ] }, { "date": "2025-10-03", "close": 17.209999, "volume": 6624909, "typical_volume": 44551104.9, "trend": 19.545775, "fair_value": 16.262011, "relative_strength": -23.780403, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.105372, "energy": 68.489053, "activity_lines": [ 17.600666, 18.699454, 19.914425, 19.933537 ] }, { "date": "2025-10-10", "close": 17.110001, "volume": 7309702, "typical_volume": 40493578.35, "trend": 19.557906, "fair_value": 16.277625, "relative_strength": -23.110061, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.410911, "energy": 66.001949, "activity_lines": [ 17.368667, 18.193273, 19.583905, 19.77639 ] }, { "date": "2025-10-17", "close": 16.85, "volume": 19533598, "typical_volume": 38864687.05, "trend": 19.565682, "fair_value": 16.295336, "relative_strength": -20.076435, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.027581, "energy": 63.691127, "activity_lines": [ 17.132, 17.736909, 19.242857, 19.601687 ] }, { "date": "2025-10-24", "close": 17.42, "volume": 24173019, "typical_volume": 37765666.1, "trend": 19.555312, "fair_value": 16.317955, "relative_strength": -20.923976, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.58867, "energy": 65.417884, "activity_lines": [ 17.167333, 17.503454, 18.975286, 19.463256 ] }, { "date": "2025-10-31", "close": 17.139999, "volume": 22156374, "typical_volume": 34922524.05, "trend": 19.523667, "fair_value": 16.332695, "relative_strength": -22.625027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.103652, "energy": 59.967853, "activity_lines": [ 17.157333, 17.361636, 18.707619, 19.307429 ] }, { "date": "2025-11-07", "close": 16.969999, "volume": 11946543, "typical_volume": 33652156.05, "trend": 19.50493, "fair_value": 16.346535, "relative_strength": -23.465862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.75183, "energy": 57.470338, "activity_lines": [ 17.098666, 17.235272, 18.449571, 19.142676 ] }, { "date": "2025-11-14", "close": 17.440001, "volume": 15223089, "typical_volume": 32231247.95, "trend": 19.523418, "fair_value": 16.368717, "relative_strength": -20.094324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.244722, "energy": 47.640668, "activity_lines": [ 17.212667, 17.233091, 18.259524, 19.009455 ] }, { "date": "2025-11-21", "close": 16.59, "volume": 13930856, "typical_volume": 30779785.55, "trend": 19.490356, "fair_value": 16.378615, "relative_strength": -19.659485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.268541, "energy": 82.606949, "activity_lines": [ 17.021333, 17.092727, 18.009381, 18.820202 ] }, { "date": "2025-11-28", "close": 16.73, "volume": 8993517, "typical_volume": 29286022.35, "trend": 19.472573, "fair_value": 16.388408, "relative_strength": -21.509453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.400575, "energy": 81.695665, "activity_lines": [ 16.894, 17.004909, 17.791524, 18.642115 ] }, { "date": "2025-12-05", "close": 16.9, "volume": 10722995, "typical_volume": 27948541.2, "trend": 19.439563, "fair_value": 16.397847, "relative_strength": -21.491626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.611423, "energy": 78.796469, "activity_lines": [ 16.869333, 16.973636, 17.604238, 18.476142 ] }, { "date": "2025-12-12", "close": 17.65, "volume": 24646410, "typical_volume": 27178031.85, "trend": 19.413642, "fair_value": 16.416798, "relative_strength": -18.436725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.301686, "energy": 59.541848, "activity_lines": [ 17.110667, 17.085273, 17.505524, 18.360686 ] }, { "date": "2025-12-19", "close": 17.26, "volume": 16638230, "typical_volume": 26090989.8, "trend": 19.319, "fair_value": 16.43074, "relative_strength": -19.318061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.194403, "energy": 39.96883, "activity_lines": [ 17.176667, 17.118, 17.388667, 18.221742 ] }, { "date": "2025-12-26", "close": 17.530001, "volume": 19982583, "typical_volume": 25160374.95, "trend": 19.207333, "fair_value": 16.449047, "relative_strength": -20.720921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.261328, "energy": 30.327043, "activity_lines": [ 17.344667, 17.197091, 17.322238, 18.106323 ] }, { "date": "2026-01-02", "close": 17.6, "volume": 10522333, "typical_volume": 23444624.5, "trend": 19.027333, "fair_value": 16.474011, "relative_strength": -19.790751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.346782, "energy": 22.773028, "activity_lines": [ 17.473334, 17.276546, 17.290476, 18.002624 ] }, { "date": "2026-01-09", "close": 18.76, "volume": 35702226, "typical_volume": 20169474.9, "trend": 18.900667, "fair_value": 16.507916, "relative_strength": -17.943684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.815086, "energy": 17.842502, "activity_lines": [ 17.930667, 17.563637, 17.405667, 17.985376 ] }, { "date": "2026-01-16", "close": 18.25, "volume": 35540067, "typical_volume": 19038757.4, "trend": 18.780667, "fair_value": 16.539492, "relative_strength": -20.769908, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.152184, "energy": 19.140845, "activity_lines": [ 18.094, 17.728546, 17.476714, 17.943398 ] }, { "date": "2026-01-23", "close": 19.0, "volume": 26158585, "typical_volume": 18825588.05, "trend": 18.686667, "fair_value": 16.568539, "relative_strength": -18.203982, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 18.008166, "energy": 32.672392, "activity_lines": [ 18.467333, 18.006546, 17.623238, 17.957548 ] }, { "date": "2026-01-30", "close": 19.26, "volume": 30497650, "typical_volume": 18988003.95, "trend": 18.643, "fair_value": 16.593358, "relative_strength": -15.532095, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.480019, "energy": 55.718836, "activity_lines": [ 18.811333, 18.303455, 17.791381, 17.994538 ] }, { "date": "2026-02-06", "close": 18.26, "volume": 23715750, "typical_volume": 19193352.6, "trend": 18.593333, "fair_value": 16.610575, "relative_strength": -17.9904, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.808099, "energy": 40.000444, "activity_lines": [ 18.706667, 18.37, 17.858667, 17.969828 ] }, { "date": "2026-02-13", "close": 17.24, "volume": 31056172, "typical_volume": 19753730.4, "trend": 18.484667, "fair_value": 16.604071, "relative_strength": -23.384977, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -27.015364, "energy": 20.068271, "activity_lines": [ 18.218, 18.223273, 17.828238, 17.882516 ] }, { "date": "2026-02-27", "close": 18.190001, "volume": 32108570, "typical_volume": 21027913.45, "trend": 18.369667, "fair_value": 16.603594, "relative_strength": -21.194563, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.331185, "energy": 7.43978, "activity_lines": [ 18.147334, 18.243091, 17.888381, 17.863505 ] }, { "date": "2026-03-06", "close": 17.4, "volume": 30845356, "typical_volume": 22204696.15, "trend": 18.201333, "fair_value": 16.600499, "relative_strength": -22.683359, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.030403, "energy": 21.677404, "activity_lines": [ 17.817334, 18.109455, 17.868619, 17.800946 ] }, { "date": "2026-03-13", "close": 17.83, "volume": 34925895, "typical_volume": 22974311.0, "trend": 18.015333, "fair_value": 16.598404, "relative_strength": -21.096159, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.730462, "energy": 13.145364, "activity_lines": [ 17.737334, 18.051455, 17.888429, 17.776989 ] }, { "date": "2026-03-20", "close": 15.43, "volume": 33326123, "typical_volume": 23431966.2, "trend": 17.687667, "fair_value": 16.580611, "relative_strength": -29.320994, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.38648, "energy": 46.060747, "activity_lines": [ 16.952667, 17.551636, 17.675, 17.610194 ] }, { "date": "2026-03-27", "close": 17.02, "volume": 30538757, "typical_volume": 23851085.35, "trend": 17.598667, "fair_value": 16.568997, "relative_strength": -21.131969, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.073279, "energy": 32.561134, "activity_lines": [ 16.886667, 17.380364, 17.622476, 17.567118 ] }, { "date": "2026-04-03", "close": 22.09, "volume": 162712138, "typical_volume": 31389365.1, "trend": 17.698333, "fair_value": 16.602676, "relative_strength": 5.507575, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.132358, "energy": 32.639863, "activity_lines": [ 18.525333, 18.162546, 18.053381, 17.856882 ] }, { "date": "2026-04-10", "close": 24.952435, "volume": 154349472, "typical_volume": 38345684.25, "trend": 17.918748, "fair_value": 16.64975, "relative_strength": 11.214152, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.563347, "energy": 72.973931, "activity_lines": [ 20.858145, 19.395352, 18.732518, 18.324888 ] }, { "date": "2026-04-17", "close": 25.012321, "volume": 112696901, "typical_volume": 43283986.5, "trend": 18.149825, "fair_value": 16.693758, "relative_strength": 7.302384, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.786635, "energy": 84.248232, "activity_lines": [ 22.707423, 20.530821, 19.381584, 18.782538 ] }, { "date": "2026-04-24", "close": 27.717165, "volume": 139326251, "typical_volume": 49800623.2, "trend": 18.469064, "fair_value": 16.753162, "relative_strength": 18.282008, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.346428, "energy": 90.903014, "activity_lines": [ 24.979494, 22.053491, 20.248149, 19.399786 ] }, { "date": "2026-05-01", "close": 26.798916, "volume": 97912132, "typical_volume": 54160080.05, "trend": 18.787028, "fair_value": 16.803418, "relative_strength": 13.095974, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.319531, "energy": 86.309337, "activity_lines": [ 26.126338, 23.237259, 20.974941, 19.937196 ] }, { "date": "2026-05-08", "close": 27.44768, "volume": 62133606, "typical_volume": 56034439.85, "trend": 19.128284, "fair_value": 16.859087, "relative_strength": 12.411008, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.499967, "energy": 83.842904, "activity_lines": [ 26.837509, 24.365186, 21.716383, 20.495948 ] }, { "date": "2026-05-15", "close": 35.422478, "volume": 162470990, "typical_volume": 63326077.85, "trend": 19.7387, "fair_value": 16.965814, "relative_strength": 44.193298, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.897873, "energy": 90.0218, "activity_lines": [ 29.849767, 26.774754, 23.170674, 21.547186 ] }, { "date": "2026-05-22", "close": 49.056488, "volume": 165860975, "typical_volume": 70619997.45, "trend": 20.812249, "fair_value": 17.155109, "relative_strength": 96.044806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.279993, "energy": 96.540698, "activity_lines": [ 36.708693, 31.335552, 25.836953, 23.438656 ] }, { "date": "2026-05-29", "close": 42.179596, "volume": 130582815, "typical_volume": 76623021.55, "trend": 21.637569, "fair_value": 17.314871, "relative_strength": 67.349271, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.012551, "energy": 90.400565, "activity_lines": [ 39.672376, 34.078252, 27.698165, 24.817195 ] }, { "date": "2026-06-05", "close": 54.585945, "volume": 35288674, "typical_volume": 76602343.95, "trend": 22.885768, "fair_value": 17.556794, "relative_strength": 116.436012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.604228, "energy": 96.683605, "activity_lines": [ 45.807347, 38.590295, 30.623888, 26.942896 ] }, { "date": "2026-06-12", "close": 52.459999, "volume": 23257270, "typical_volume": 75988204.1, "trend": 24.068768, "fair_value": 17.780575, "relative_strength": 109.833311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.275923, "energy": 91.92893, "activity_lines": [ 49.381201, 42.032785, 33.17654, 28.850911 ] }, { "date": "2026-06-19", "close": 66.860001, "volume": 108328653, "typical_volume": 80096707.5, "trend": 25.716101, "fair_value": 18.095268, "relative_strength": 144.168827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.197807, "energy": 88.158227, "activity_lines": [ 56.087568, 47.541276, 36.937716, 31.611636 ] }, { "date": "2026-06-26", "close": 71.150002, "volume": 30462177, "typical_volume": 80094933.85, "trend": 27.534768, "fair_value": 18.444437, "relative_strength": 157.196264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.895281, "energy": 89.598842, "activity_lines": [ 62.1281, 53.067811, 40.879559, 34.542855 ] }, { "date": "2026-07-03", "close": 51.549999, "volume": 29221149, "typical_volume": 80370203.8, "trend": 28.695434, "fair_value": 18.666316, "relative_strength": 86.096675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.464916, "energy": 66.625203, "activity_lines": [ 60.162397, 54.191842, 42.70764, 36.092225 ] }, { "date": "2026-07-10", "close": 45.73, "volume": 114665413, "typical_volume": 84550665.85, "trend": 29.656434, "fair_value": 18.852345, "relative_strength": 69.148536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.390091, "energy": 59.175224, "activity_lines": [ 55.632, 53.824368, 43.822911, 37.191229 ] }, { "date": "2026-07-17", "close": 38.02, "volume": 82419197, "typical_volume": 87066197.2, "trend": 30.335434, "fair_value": 18.987747, "relative_strength": 52.859268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.236784, "energy": 35.625792, "activity_lines": [ 49.122, 51.710873, 44.06823, 37.730814 ] }, { "date": "2026-07-24", "close": 34.959999, "volume": 82516035, "typical_volume": 89649731.15, "trend": 30.925434, "fair_value": 19.105183, "relative_strength": 38.893749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.276536, "energy": 28.422237, "activity_lines": [ 42.554666, 48.848791, 43.927692, 38.029173 ] }, { "date": "2026-07-31", "close": 33.189999, "volume": 83434235, "typical_volume": 92075148.15, "trend": 31.447434, "fair_value": 19.220214, "relative_strength": 33.053193, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.684426, "energy": 26.407368, "activity_lines": [ 37.523999, 45.673299, 43.534963, 38.175274 ] }, { "date": "2026-08-07", "close": 41.689999, "volume": 98997836, "typical_volume": 95358733.8, "trend": 32.250434, "fair_value": 19.389098, "relative_strength": 57.146595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.852549, "energy": 25.598045, "activity_lines": [ 37.857333, 44.331744, 43.878615, 38.836085 ] } ], "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." } } }