{ "ticker": { "uuid": "8402a608-7590-4f19-8f7d-6ddad62a496c", "symbol": "BEKE", "name": "Ke Holdings\u00a0Inc", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 50.068, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 6.448, "architecture_energy": 17.2, "architecture_maturity": 18.976, "architecture_confidence": 43.134, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 55.7, "rotation_up": 55.52, "upward_expansion": 32.88, "deceleration": 35.73, "rotation_down": 16.15, "downward_expansion": 22.21 }, "activity_lines": [ 16.736, 16.224909, 16.305334, 16.327964 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 17.04, "trend_reference": 16.522146, "distance_from_trend": 0.031343, "trend_direction": "Weakening", "fair_value": 16.545364, "distance_from_fair_value": 0.029896, "fair_value_direction": "Weakening", "relative_strength": -10.294155, "relative_strength_direction": "Weakening", "price_momentum": -0.073175, "excess_performance": -0.1988, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.031343, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.007971, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.029896, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.119326, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.102942, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.065595, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.073175, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.780209, "read": "Supply-led" } ], "volume": { "latest": 9956742, "relative_activity": 0.490079, "balance": 0.780209, "dry_up": 0.797547, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.087193, "annualized_volatility": 0.435073, "from_high_reference": -0.173456, "from_low_reference": 0.233888 }, "levels": { "trend_reference": 16.522146, "fair_value_reference": 16.545364, "structural_low": 13.81, "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": 18, "median_return": -0.027203, "positive_rate": 0.388889, "directional_follow_through": 0.388889, "median_excess_return": -0.034273, "regime_survival": 0.5, "best_return": 0.765914, "worst_return": -0.29672, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.093709, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.11219, "regime_survival": 0.111111, "best_return": 0.288159, "worst_return": -0.400099, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.050461, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.194988, "regime_survival": 0.2, "best_return": 0.660506, "worst_return": -0.235587, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.075547, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.028695, "regime_survival": 0.0, "best_return": 0.325309, "worst_return": -0.223095, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-05-16", "tenure": "Developing", "return": -0.196086, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.019533, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.000541, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.0314, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-08", "end": "2025-09-05", "tenure": "Developing", "return": 0.081435, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2025-10-31", "tenure": "Developing", "return": -0.150473, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2026-01-30", "tenure": "Established", "return": 0.2, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": -0.076964, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.03465, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-08", "tenure": "Developing", "return": 0.253473, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": -0.086406, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.113184, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": 0.053015, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.00531, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.732049, "volume": 33876579, "typical_volume": 35789172.45, "trend": 15.769528, "fair_value": 27.432012, "relative_strength": -16.671721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.683089, "energy": 20.255514, "activity_lines": [ 15.059356, 14.796883, 14.788933, 15.169778 ] }, { "date": "2023-08-25", "close": 13.322692, "volume": 31151493, "typical_volume": 36522978.35, "trend": 15.630905, "fair_value": 27.220714, "relative_strength": -19.292481, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.646438, "energy": 27.089647, "activity_lines": [ 14.44222, 14.550931, 14.629576, 15.011918 ] }, { "date": "2023-09-01", "close": 17.211579, "volume": 101764361, "typical_volume": 40185372.05, "trend": 15.61757, "fair_value": 27.060049, "relative_strength": 1.748332, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.857084, "energy": 5.33957, "activity_lines": [ 15.152392, 15.057044, 14.860792, 15.113897 ] }, { "date": "2023-09-08", "close": 15.499725, "volume": 46576120, "typical_volume": 41279621.4, "trend": 15.538489, "fair_value": 26.869982, "relative_strength": -6.864048, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.293349, "energy": 7.10222, "activity_lines": [ 15.260313, 15.191692, 14.922594, 15.106294 ] }, { "date": "2023-09-15", "close": 14.619737, "volume": 33061427, "typical_volume": 41428735.0, "trend": 15.448994, "fair_value": 26.61559, "relative_strength": -11.581926, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.595684, "energy": 9.906446, "activity_lines": [ 15.14065, 15.135725, 14.904265, 15.04702 ] }, { "date": "2023-09-22", "close": 15.371878, "volume": 37702124, "typical_volume": 42363102.65, "trend": 15.415581, "fair_value": 26.374369, "relative_strength": -3.931035, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.219053, "energy": 12.912843, "activity_lines": [ 15.305558, 15.192759, 14.957461, 15.042045 ] }, { "date": "2023-09-29", "close": 14.591532, "volume": 55410082, "typical_volume": 43151317.8, "trend": 15.288861, "fair_value": 26.11604, "relative_strength": -7.596312, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.184674, "energy": 8.472783, "activity_lines": [ 15.101027, 15.084018, 14.934157, 14.98888 ] }, { "date": "2023-10-06", "close": 14.882987, "volume": 26383584, "typical_volume": 41349951.0, "trend": 15.256208, "fair_value": 25.815148, "relative_strength": -5.811679, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.474235, "energy": 13.008725, "activity_lines": [ 14.90906, 15.013656, 14.942005, 14.962695 ] }, { "date": "2023-10-13", "close": 14.920594, "volume": 29301221, "typical_volume": 40919595.95, "trend": 15.164956, "fair_value": 25.485334, "relative_strength": -6.106878, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.316782, "energy": 9.411986, "activity_lines": [ 14.884867, 14.983843, 14.948219, 14.941042 ] }, { "date": "2023-10-20", "close": 13.999221, "volume": 22126213, "typical_volume": 39617395.75, "trend": 15.06222, "fair_value": 25.157665, "relative_strength": -9.92815, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.245079, "energy": 24.398269, "activity_lines": [ 14.592159, 14.814967, 14.863859, 14.865834 ] }, { "date": "2023-10-27", "close": 14.58213, "volume": 24568653, "typical_volume": 38565152.3, "trend": 14.964027, "fair_value": 24.835164, "relative_strength": -4.299421, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.66692, "energy": 21.229177, "activity_lines": [ 14.535121, 14.772591, 14.839723, 14.83486 ] }, { "date": "2023-11-03", "close": 14.347086, "volume": 32042761, "typical_volume": 38334413.75, "trend": 14.85676, "fair_value": 24.475969, "relative_strength": -11.211795, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.264654, "energy": 25.37721, "activity_lines": [ 14.452386, 14.672023, 14.797748, 14.795057 ] }, { "date": "2023-11-10", "close": 13.952212, "volume": 40233499, "typical_volume": 38807778.95, "trend": 14.792771, "fair_value": 24.132851, "relative_strength": -14.796954, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.169006, "energy": 35.988175, "activity_lines": [ 14.254322, 14.481035, 14.725073, 14.736699 ] }, { "date": "2023-11-17", "close": 14.375292, "volume": 47347268, "typical_volume": 39428068.9, "trend": 14.72955, "fair_value": 23.8624, "relative_strength": -14.042036, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.788987, "energy": 27.746449, "activity_lines": [ 14.259336, 14.426232, 14.692441, 14.709765 ] }, { "date": "2023-11-24", "close": 15.127432, "volume": 28818759, "typical_volume": 39725288.85, "trend": 14.747222, "fair_value": 23.574943, "relative_strength": -10.424571, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.161069, "energy": 12.460206, "activity_lines": [ 14.551418, 14.528626, 14.728776, 14.735435 ] }, { "date": "2023-12-01", "close": 14.817174, "volume": 27678058, "typical_volume": 39424723.95, "trend": 14.744008, "fair_value": 23.300049, "relative_strength": -12.596907, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.240141, "energy": 10.745353, "activity_lines": [ 14.664866, 14.565378, 14.726925, 14.739948 ] }, { "date": "2023-12-08", "close": 14.196658, "volume": 37310360, "typical_volume": 39825581.6, "trend": 14.707085, "fair_value": 22.996666, "relative_strength": -16.189482, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.60634, "energy": 15.230036, "activity_lines": [ 14.555805, 14.499395, 14.66236, 14.704635 ] }, { "date": "2023-12-15", "close": 14.751362, "volume": 38302989, "typical_volume": 38417406.2, "trend": 14.739201, "fair_value": 22.706798, "relative_strength": -14.767662, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.768238, "energy": 12.519101, "activity_lines": [ 14.641675, 14.541446, 14.648677, 14.707492 ] }, { "date": "2023-12-22", "close": 14.657344, "volume": 24108131, "typical_volume": 37549170.3, "trend": 14.750197, "fair_value": 22.41108, "relative_strength": -15.916114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.273266, "energy": 9.865939, "activity_lines": [ 14.642928, 14.568797, 14.635497, 14.702211 ] }, { "date": "2023-12-29", "close": 15.240254, "volume": 17951077, "typical_volume": 36785737.95, "trend": 14.758604, "fair_value": 22.14176, "relative_strength": -12.767325, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.239309, "energy": 7.647615, "activity_lines": [ 14.819681, 14.706917, 14.686539, 14.733827 ] }, { "date": "2024-01-05", "close": 14.328283, "volume": 22303412, "typical_volume": 36207079.6, "trend": 14.718316, "fair_value": 21.84429, "relative_strength": -16.134599, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.596105, "energy": 10.154129, "activity_lines": [ 14.684923, 14.656661, 14.65019, 14.706065 ] }, { "date": "2024-01-12", "close": 13.764177, "volume": 35795326, "typical_volume": 36439271.25, "trend": 14.65054, "fair_value": 21.560499, "relative_strength": -20.171596, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.792526, "energy": 28.816901, "activity_lines": [ 14.394722, 14.508455, 14.557277, 14.644507 ] }, { "date": "2024-01-19", "close": 12.729984, "volume": 51633660, "typical_volume": 33932736.2, "trend": 14.611556, "fair_value": 21.215987, "relative_strength": -26.294946, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.829043, "energy": 58.697921, "activity_lines": [ 13.788622, 14.182812, 14.363768, 14.520601 ] }, { "date": "2024-01-26", "close": 13.444517, "volume": 44647774, "typical_volume": 33836318.9, "trend": 14.59918, "fair_value": 20.949708, "relative_strength": -22.278242, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.455358, "energy": 61.877962, "activity_lines": [ 13.555458, 14.009307, 14.25965, 14.445308 ] }, { "date": "2024-02-02", "close": 13.002635, "volume": 27620739, "typical_volume": 33564284.5, "trend": 14.588822, "fair_value": 20.659604, "relative_strength": -25.196406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.902134, "energy": 70.003631, "activity_lines": [ 13.255855, 13.772382, 14.123235, 14.342305 ] }, { "date": "2024-02-09", "close": 12.579555, "volume": 35931521, "typical_volume": 33475754.35, "trend": 14.539551, "fair_value": 20.338758, "relative_strength": -27.855104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.74916, "energy": 76.007095, "activity_lines": [ 12.964401, 13.497167, 13.954227, 14.212675 ] }, { "date": "2024-02-16", "close": 13.265884, "volume": 19666150, "typical_volume": 31688557.75, "trend": 14.522152, "fair_value": 20.009966, "relative_strength": -22.955294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.447949, "energy": 63.01391, "activity_lines": [ 13.018304, 13.387423, 13.863881, 14.130503 ] }, { "date": "2024-02-23", "close": 13.294089, "volume": 20490845, "typical_volume": 31393920.8, "trend": 14.407385, "fair_value": 19.714514, "relative_strength": -23.385598, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.816703, "energy": 51.174765, "activity_lines": [ 13.114829, 13.29973, 13.782533, 14.051273 ] }, { "date": "2024-03-01", "close": 12.485538, "volume": 27778406, "typical_volume": 31317780.05, "trend": 14.274039, "fair_value": 19.481867, "relative_strength": -27.859341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.105787, "energy": 48.560429, "activity_lines": [ 12.90423, 13.091524, 13.631747, 13.927283 ] }, { "date": "2024-03-08", "close": 11.85562, "volume": 45679704, "typical_volume": 32495454.6, "trend": 14.164974, "fair_value": 19.206237, "relative_strength": -30.613629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.996417, "energy": 53.697024, "activity_lines": [ 12.547589, 12.808275, 13.432564, 13.771256 ] }, { "date": "2024-03-15", "close": 13.19067, "volume": 75173253, "typical_volume": 35025684.6, "trend": 14.146928, "fair_value": 18.909109, "relative_strength": -21.855294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.405829, "energy": 40.605724, "activity_lines": [ 12.712434, 12.8293, 13.370736, 13.708397 ] }, { "date": "2024-03-22", "close": 12.824001, "volume": 40663812, "typical_volume": 35456737.15, "trend": 14.130305, "fair_value": 18.655253, "relative_strength": -24.8488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.384323, "energy": 39.105195, "activity_lines": [ 12.714314, 12.804343, 13.280613, 13.623047 ] }, { "date": "2024-03-29", "close": 12.908617, "volume": 37711968, "typical_volume": 35330660.6, "trend": 13.986873, "fair_value": 18.374923, "relative_strength": -23.782069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.822261, "energy": 33.76493, "activity_lines": [ 12.773858, 12.811864, 13.205802, 13.544229 ] }, { "date": "2024-04-05", "close": 13.453682, "volume": 24795702, "typical_volume": 34203082.3, "trend": 13.918671, "fair_value": 18.127489, "relative_strength": -19.006122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.632544, "energy": 18.503926, "activity_lines": [ 13.040789, 12.915241, 13.187871, 13.509829 ] }, { "date": "2024-04-12", "close": 12.682697, "volume": 34692385, "typical_volume": 34496763.6, "trend": 13.854104, "fair_value": 17.901473, "relative_strength": -21.84791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.299146, "energy": 20.317143, "activity_lines": [ 12.986182, 12.878271, 13.100902, 13.430089 ] }, { "date": "2024-04-19", "close": 12.123733, "volume": 37096901, "typical_volume": 34967705.75, "trend": 13.745832, "fair_value": 17.642949, "relative_strength": -22.191847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.454903, "energy": 31.57461, "activity_lines": [ 12.690116, 12.745489, 12.97234, 13.318452 ] }, { "date": "2024-04-26", "close": 14.292127, "volume": 60486593, "typical_volume": 36126517.4, "trend": 13.735852, "fair_value": 17.424148, "relative_strength": -10.228823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.781417, "energy": 8.604187, "activity_lines": [ 13.187976, 13.015248, 13.063117, 13.353697 ] }, { "date": "2024-05-03", "close": 16.836377, "volume": 81450846, "typical_volume": 38283910.25, "trend": 13.800965, "fair_value": 17.228515, "relative_strength": 5.367261, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.40645, "energy": 46.616604, "activity_lines": [ 14.436045, 13.728939, 13.39575, 13.553731 ] }, { "date": "2024-05-10", "close": 16.479796, "volume": 37730132, "typical_volume": 38965010.3, "trend": 13.852938, "fair_value": 17.035964, "relative_strength": 1.625078, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.89964, "energy": 65.181719, "activity_lines": [ 15.303402, 14.313391, 13.684493, 13.726559 ] }, { "date": "2024-05-17", "close": 18.763838, "volume": 60091634, "typical_volume": 41072038.15, "trend": 14.011759, "fair_value": 16.857279, "relative_strength": 13.686142, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.866929, "energy": 91.131507, "activity_lines": [ 16.730366, 15.240502, 14.182086, 14.043391 ] }, { "date": "2024-05-24", "close": 16.055755, "volume": 53985336, "typical_volume": 42656134.35, "trend": 14.06088, "fair_value": 16.650738, "relative_strength": -2.462052, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.867442, "energy": 80.152983, "activity_lines": [ 16.849226, 15.549629, 14.404987, 14.175262 ] }, { "date": "2024-05-31", "close": 16.354511, "volume": 49711625, "typical_volume": 43351949.3, "trend": 14.127794, "fair_value": 16.478555, "relative_strength": 0.022738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.257385, "energy": 75.885318, "activity_lines": [ 16.805537, 15.860983, 14.648116, 14.323238 ] }, { "date": "2024-06-07", "close": 15.342594, "volume": 33608963, "typical_volume": 42450714.45, "trend": 14.17414, "fair_value": 16.286885, "relative_strength": -6.874387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.783074, "energy": 48.013504, "activity_lines": [ 16.28705, 15.924162, 14.782536, 14.401612 ] }, { "date": "2024-06-14", "close": 15.14021, "volume": 33841886, "typical_volume": 41910420.05, "trend": 14.199637, "fair_value": 16.087297, "relative_strength": -9.109376, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.396995, "energy": 27.471194, "activity_lines": [ 15.800687, 15.906289, 14.88524, 14.463939 ] }, { "date": "2024-06-21", "close": 14.92819, "volume": 18758484, "typical_volume": 41467307.3, "trend": 14.192996, "fair_value": 15.87484, "relative_strength": -10.668877, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.176766, "energy": 22.19699, "activity_lines": [ 15.332957, 15.819203, 14.959678, 14.510942 ] }, { "date": "2024-06-28", "close": 13.63679, "volume": 41351027, "typical_volume": 41738282.6, "trend": 14.15365, "fair_value": 15.682851, "relative_strength": -18.016821, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.988262, "energy": 19.903014, "activity_lines": [ 14.690469, 15.456489, 14.901956, 14.475058 ] }, { "date": "2024-07-05", "close": 14.78363, "volume": 28751299, "typical_volume": 42192540.05, "trend": 14.173215, "fair_value": 15.534592, "relative_strength": -12.564646, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.479306, "energy": 21.535264, "activity_lines": [ 14.591526, 15.274782, 14.948422, 14.515702 ] }, { "date": "2024-07-12", "close": 15.063112, "volume": 34862337, "typical_volume": 42911114.65, "trend": 14.183607, "fair_value": 15.399217, "relative_strength": -11.493121, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.405182, "energy": 18.75258, "activity_lines": [ 14.690469, 15.134954, 15.014278, 14.573115 ] }, { "date": "2024-07-19", "close": 13.607878, "volume": 43121513, "typical_volume": 43678270.0, "trend": 14.148625, "fair_value": 15.28487, "relative_strength": -18.123849, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.232853, "energy": 12.77843, "activity_lines": [ 14.322967, 14.762778, 14.933116, 14.535971 ] }, { "date": "2024-07-26", "close": 13.289847, "volume": 34862553, "typical_volume": 43137412.45, "trend": 14.083611, "fair_value": 15.238917, "relative_strength": -18.711512, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.368078, "energy": 21.822109, "activity_lines": [ 13.951609, 14.384996, 14.816322, 14.480566 ] }, { "date": "2024-08-02", "close": 12.807982, "volume": 21931860, "typical_volume": 40475342.8, "trend": 14.032935, "fair_value": 15.210451, "relative_strength": -19.270586, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.279785, "energy": 42.38786, "activity_lines": [ 13.528852, 14.019129, 14.646805, 14.398267 ] }, { "date": "2024-08-09", "close": 13.521143, "volume": 32926791, "typical_volume": 40088491.75, "trend": 14.024833, "fair_value": 15.190969, "relative_strength": -14.288618, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.132388, "energy": 44.17143, "activity_lines": [ 13.39907, 13.841977, 14.547031, 14.365248 ] }, { "date": "2024-08-16", "close": 14.340314, "volume": 31859822, "typical_volume": 39795884.45, "trend": 14.078511, "fair_value": 15.186817, "relative_strength": -12.248336, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.941454, "energy": 35.460076, "activity_lines": [ 13.626511, 13.865282, 14.521954, 14.385602 ] }, { "date": "2024-08-23", "close": 14.552335, "volume": 23525326, "typical_volume": 39732365.65, "trend": 14.115438, "fair_value": 15.16154, "relative_strength": -11.912834, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.424302, "energy": 10.306414, "activity_lines": [ 13.972811, 13.94536, 14.510252, 14.416171 ] }, { "date": "2024-08-30", "close": 14.301765, "volume": 23653403, "typical_volume": 39180416.55, "trend": 14.158743, "fair_value": 15.140025, "relative_strength": -12.909019, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.787527, "energy": 7.826954, "activity_lines": [ 14.172625, 13.990567, 14.469454, 14.428192 ] }, { "date": "2024-09-06", "close": 14.080107, "volume": 11425658, "typical_volume": 37896854.4, "trend": 14.208761, "fair_value": 15.117089, "relative_strength": -10.010685, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.659171, "energy": 9.829245, "activity_lines": [ 14.231091, 14.006863, 14.399836, 14.423119 ] }, { "date": "2024-09-13", "close": 12.904355, "volume": 23474256, "typical_volume": 36046237.55, "trend": 14.19671, "fair_value": 15.097947, "relative_strength": -20.15305, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.886761, "energy": 13.940902, "activity_lines": [ 13.812832, 13.801326, 14.208925, 14.338964 ] }, { "date": "2024-09-20", "close": 13.848811, "volume": 38401365, "typical_volume": 33893763.5, "trend": 14.215201, "fair_value": 15.088139, "relative_strength": -14.838145, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.294352, "energy": 15.031942, "activity_lines": [ 13.750511, 13.801676, 14.114571, 14.316519 ] }, { "date": "2024-09-27", "close": 19.274615, "volume": 126941624, "typical_volume": 38354338.1, "trend": 14.441503, "fair_value": 15.100648, "relative_strength": 17.928263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.309113, "energy": 48.719279, "activity_lines": [ 15.529558, 14.810615, 14.551187, 14.642933 ] }, { "date": "2024-10-04", "close": 24.864254, "volume": 208210973, "typical_volume": 45760305.05, "trend": 14.875125, "fair_value": 15.144336, "relative_strength": 50.8869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.712917, "energy": 90.559863, "activity_lines": [ 18.856999, 16.732819, 15.506841, 15.315368 ] }, { "date": "2024-10-11", "close": 21.597207, "volume": 101759123, "typical_volume": 48148994.4, "trend": 15.155342, "fair_value": 15.151457, "relative_strength": 29.376872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.128157, "energy": 89.359212, "activity_lines": [ 20.391258, 17.850572, 16.122298, 15.749051 ] }, { "date": "2024-10-18", "close": 20.334719, "volume": 77017231, "typical_volume": 49514274.7, "trend": 15.4057, "fair_value": 15.132831, "relative_strength": 20.68169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.603372, "energy": 84.409846, "activity_lines": [ 21.003548, 18.578977, 16.59113, 16.083204 ] }, { "date": "2024-10-25", "close": 20.026325, "volume": 32872606, "typical_volume": 49477456.85, "trend": 15.642957, "fair_value": 15.152545, "relative_strength": 20.10307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.591691, "energy": 83.034453, "activity_lines": [ 21.017683, 19.127427, 17.011638, 16.381309 ] }, { "date": "2024-11-01", "close": 21.288813, "volume": 52210943, "typical_volume": 50395909.7, "trend": 15.904128, "fair_value": 15.181484, "relative_strength": 29.133091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.195064, "energy": 57.819707, "activity_lines": [ 21.040813, 19.802039, 17.530079, 16.745558 ] }, { "date": "2024-11-08", "close": 20.228709, "volume": 45759453, "typical_volume": 51745958.15, "trend": 16.155661, "fair_value": 15.176313, "relative_strength": 16.999479, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.004637, "energy": 46.096374, "activity_lines": [ 20.576294, 20.161423, 17.918279, 17.024563 ] }, { "date": "2024-11-15", "close": 18.812025, "volume": 42004639, "typical_volume": 51778638.75, "trend": 16.378604, "fair_value": 15.154904, "relative_strength": 11.131587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.990994, "energy": 33.618049, "activity_lines": [ 19.948585, 20.155465, 18.146316, 17.195941 ] }, { "date": "2024-11-22", "close": 18.696377, "volume": 43566365, "typical_volume": 52519392.05, "trend": 16.525413, "fair_value": 15.149632, "relative_strength": 8.803314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.272141, "energy": 26.860781, "activity_lines": [ 19.468004, 20.042446, 18.338695, 17.345475 ] }, { "date": "2024-11-29", "close": 18.166325, "volume": 32185773, "typical_volume": 52385563.85, "trend": 16.569744, "fair_value": 15.158973, "relative_strength": 4.662274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.340143, "energy": 20.888975, "activity_lines": [ 18.919963, 19.727744, 18.461961, 17.45134 ] }, { "date": "2024-12-06", "close": 18.137413, "volume": 24786091, "typical_volume": 51468792.75, "trend": 16.624998, "fair_value": 15.143378, "relative_strength": 3.690148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.24101, "energy": 20.918132, "activity_lines": [ 18.486284, 19.329285, 18.567696, 17.55248 ] }, { "date": "2024-12-13", "close": 18.715652, "volume": 53482722, "typical_volume": 52399801.2, "trend": 16.623392, "fair_value": 15.147891, "relative_strength": 7.687555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.435693, "energy": 17.712866, "activity_lines": [ 18.455444, 19.056637, 18.706932, 17.687361 ] }, { "date": "2024-12-20", "close": 17.713372, "volume": 29141181, "typical_volume": 52760267.25, "trend": 16.678646, "fair_value": 15.148125, "relative_strength": 3.922439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.420548, "energy": 12.706905, "activity_lines": [ 18.191382, 18.713549, 18.724876, 17.757683 ] }, { "date": "2024-12-27", "close": 17.819382, "volume": 10709775, "typical_volume": 51649416.45, "trend": 16.727475, "fair_value": 15.14236, "relative_strength": 4.041513, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.949153, "energy": 11.812275, "activity_lines": [ 18.0359, 18.460351, 18.729557, 17.831278 ] }, { "date": "2025-01-03", "close": 17.376066, "volume": 16464199, "typical_volume": 50879635.3, "trend": 16.795257, "fair_value": 15.12928, "relative_strength": 2.090788, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.076432, "energy": 9.873335, "activity_lines": [ 17.791113, 18.172283, 18.67155, 17.873123 ] }, { "date": "2025-01-10", "close": 15.805185, "volume": 40447005, "typical_volume": 51725719.25, "trend": 16.817423, "fair_value": 15.105355, "relative_strength": -5.177481, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -12.246395, "energy": 28.968603, "activity_lines": [ 17.075382, 17.646787, 18.449478, 17.809247 ] }, { "date": "2025-01-17", "close": 16.479796, "volume": 28120373, "typical_volume": 51949067.75, "trend": 16.869143, "fair_value": 15.081342, "relative_strength": -4.012509, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.694235, "energy": 45.029863, "activity_lines": [ 16.740004, 17.34365, 18.28569, 17.787465 ] }, { "date": "2025-01-24", "close": 16.489433, "volume": 28795218, "typical_volume": 52817545.75, "trend": 16.964232, "fair_value": 15.074148, "relative_strength": -5.546204, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.247596, "energy": 44.889144, "activity_lines": [ 16.556895, 17.110427, 18.112448, 17.762967 ] }, { "date": "2025-01-31", "close": 16.797827, "volume": 32037726, "typical_volume": 53245719.25, "trend": 17.031371, "fair_value": 15.06255, "relative_strength": -2.879147, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.741058, "energy": 40.463473, "activity_lines": [ 16.558179, 16.975504, 17.957104, 17.752232 ] }, { "date": "2025-02-07", "close": 17.270055, "volume": 33013721, "typical_volume": 52976337.05, "trend": 17.104936, "fair_value": 15.0473, "relative_strength": -0.196447, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.292779, "energy": 18.640061, "activity_lines": [ 16.784977, 16.960961, 17.828193, 17.767631 ] }, { "date": "2025-02-14", "close": 19.756481, "volume": 59480231, "typical_volume": 49603267.4, "trend": 17.30989, "fair_value": 15.053952, "relative_strength": 12.08835, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 34.848922, "energy": 18.971565, "activity_lines": [ 17.847651, 17.41479, 17.919794, 17.938698 ] }, { "date": "2025-02-21", "close": 20.141973, "volume": 39542161, "typical_volume": 41169826.8, "trend": 17.538294, "fair_value": 15.067429, "relative_strength": 15.591589, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 43.554062, "energy": 32.500496, "activity_lines": [ 18.775403, 17.909272, 18.045813, 18.121413 ] }, { "date": "2025-02-28", "close": 21.462284, "volume": 70575887, "typical_volume": 39610665.0, "trend": 17.826771, "fair_value": 15.118532, "relative_strength": 23.425841, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 64.025912, "energy": 51.467316, "activity_lines": [ 19.899113, 18.617877, 18.320063, 18.374574 ] }, { "date": "2025-03-07", "close": 23.380108, "volume": 49311580, "typical_volume": 38225382.45, "trend": 18.155403, "fair_value": 15.208528, "relative_strength": 37.17373, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.087171, "energy": 79.94233, "activity_lines": [ 21.330574, 19.607015, 18.777606, 18.732854 ] }, { "date": "2025-03-14", "close": 23.505393, "volume": 53246966, "typical_volume": 39244100.45, "trend": 18.460905, "fair_value": 15.274815, "relative_strength": 39.701275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.36986, "energy": 85.189178, "activity_lines": [ 22.364978, 20.517828, 19.232578, 19.078014 ] }, { "date": "2025-03-21", "close": 19.891403, "volume": 96540642, "typical_volume": 41460585.4, "trend": 18.638874, "fair_value": 15.329983, "relative_strength": 16.847269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.822282, "energy": 71.011832, "activity_lines": [ 21.77903, 20.66011, 19.326794, 19.170304 ] }, { "date": "2025-03-28", "close": 19.843217, "volume": 50308781, "typical_volume": 41688051.8, "trend": 18.823589, "fair_value": 15.37363, "relative_strength": 17.507055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.886625, "energy": 43.868091, "activity_lines": [ 21.168025, 20.719335, 19.423076, 19.248004 ] }, { "date": "2025-04-04", "close": 18.850574, "volume": 48671006, "typical_volume": 42021370.15, "trend": 18.982605, "fair_value": 15.403698, "relative_strength": 21.908393, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.42334, "energy": 20.072518, "activity_lines": [ 20.246056, 20.536927, 19.426655, 19.249745 ] }, { "date": "2025-04-11", "close": 18.12003, "volume": 74264010, "typical_volume": 43556252.4, "trend": 19.156461, "fair_value": 15.43612, "relative_strength": 10.284387, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.169707, "energy": 18.61458, "activity_lines": [ 19.254686, 20.178764, 19.360476, 19.194095 ] }, { "date": "2025-04-18", "close": 18.699793, "volume": 37538848, "typical_volume": 43823906.15, "trend": 19.31816, "fair_value": 15.483709, "relative_strength": 14.672232, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -8.214717, "energy": 17.667143, "activity_lines": [ 18.807243, 19.901971, 19.352256, 19.164632 ] }, { "date": "2025-04-25", "close": 21.028668, "volume": 42352987, "typical_volume": 44702250.95, "trend": 19.376629, "fair_value": 15.533941, "relative_strength": 22.540273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 5.703694, "energy": 11.0693, "activity_lines": [ 19.456464, 20.022615, 19.563294, 19.274988 ] }, { "date": "2025-05-02", "close": 20.429253, "volume": 21963175, "typical_volume": 43126273.6, "trend": 19.228795, "fair_value": 15.591722, "relative_strength": 15.469044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.688027, "energy": 15.166246, "activity_lines": [ 19.830063, 20.011144, 19.703477, 19.342899 ] }, { "date": "2025-05-09", "close": 18.965108, "volume": 23846219, "typical_volume": 42861525.5, "trend": 19.141059, "fair_value": 15.638567, "relative_strength": 7.549573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.863323, "energy": 10.761088, "activity_lines": [ 19.676545, 19.728241, 19.696057, 19.325887 ] }, { "date": "2025-05-16", "close": 18.896322, "volume": 40613068, "typical_volume": 44356690.15, "trend": 19.093112, "fair_value": 15.687714, "relative_strength": 2.031224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.17226, "energy": 11.119176, "activity_lines": [ 19.492462, 19.478235, 19.676126, 19.310098 ] }, { "date": "2025-05-23", "close": 18.110204, "volume": 29765189, "typical_volume": 45021739.65, "trend": 19.029241, "fair_value": 15.73528, "relative_strength": 0.299848, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.342422, "energy": 12.287111, "activity_lines": [ 18.994587, 19.166822, 19.576197, 19.246684 ] }, { "date": "2025-05-30", "close": 18.139683, "volume": 31629148, "typical_volume": 44580846.8, "trend": 18.92427, "fair_value": 15.766278, "relative_strength": -1.250889, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.442881, "energy": 25.899358, "activity_lines": [ 18.545844, 18.958863, 19.475581, 19.189293 ] }, { "date": "2025-06-06", "close": 18.463957, "volume": 42217589, "typical_volume": 45285707.6, "trend": 18.865445, "fair_value": 15.798161, "relative_strength": -1.226242, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.287757, "energy": 31.635071, "activity_lines": [ 18.397792, 18.841713, 19.394731, 19.159596 ] }, { "date": "2025-06-13", "close": 18.14951, "volume": 87233779, "typical_volume": 48207635.65, "trend": 18.843361, "fair_value": 15.819799, "relative_strength": -2.68951, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.404526, "energy": 34.810241, "activity_lines": [ 18.275944, 18.692467, 19.274486, 19.113406 ] }, { "date": "2025-06-20", "close": 17.687665, "volume": 54935447, "typical_volume": 49352521.7, "trend": 18.809738, "fair_value": 15.820942, "relative_strength": -5.130018, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.620197, "energy": 37.733829, "activity_lines": [ 18.05452, 18.471997, 19.10235, 19.038845 ] }, { "date": "2025-06-27", "close": 18.218295, "volume": 33930355, "typical_volume": 49398353.4, "trend": 18.81147, "fair_value": 15.830675, "relative_strength": -5.808148, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.910591, "energy": 27.741935, "activity_lines": [ 18.090551, 18.355866, 18.976513, 19.000688 ] }, { "date": "2025-07-04", "close": 17.363391, "volume": 26693974, "typical_volume": 47759040.55, "trend": 18.785669, "fair_value": 15.842324, "relative_strength": -11.767567, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.984451, "energy": 38.45799, "activity_lines": [ 17.834407, 18.093052, 18.764741, 18.907263 ] }, { "date": "2025-07-11", "close": 18.159336, "volume": 31807883, "typical_volume": 47372326.65, "trend": 18.767125, "fair_value": 15.875415, "relative_strength": -7.574978, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.19253, "energy": 31.043388, "activity_lines": [ 17.895331, 18.041597, 18.640169, 18.866854 ] }, { "date": "2025-07-18", "close": 18.463957, "volume": 23315510, "typical_volume": 45009307.8, "trend": 18.792145, "fair_value": 15.910519, "relative_strength": -6.863458, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.229072, "energy": 19.064698, "activity_lines": [ 18.078104, 18.086799, 18.55405, 18.847295 ] }, { "date": "2025-07-25", "close": 19.171464, "volume": 24916978, "typical_volume": 43789577.7, "trend": 18.837214, "fair_value": 15.949264, "relative_strength": -5.050555, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -1.031273, "energy": 6.281685, "activity_lines": [ 18.475749, 18.26975, 18.54959, 18.871767 ] }, { "date": "2025-08-01", "close": 17.884195, "volume": 22757693, "typical_volume": 42265114.05, "trend": 18.854152, "fair_value": 15.97415, "relative_strength": -9.478284, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.67342, "energy": 18.943665, "activity_lines": [ 18.345384, 18.21365, 18.442574, 18.810282 ] }, { "date": "2025-08-08", "close": 17.2553, "volume": 32917017, "typical_volume": 39083932.8, "trend": 18.902489, "fair_value": 15.986835, "relative_strength": -14.852564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.308994, "energy": 28.25208, "activity_lines": [ 18.027661, 18.047314, 18.302431, 18.707131 ] }, { "date": "2025-08-15", "close": 18.011939, "volume": 19924661, "typical_volume": 37564726.8, "trend": 18.953561, "fair_value": 16.010573, "relative_strength": -12.079354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.693967, "energy": 25.843799, "activity_lines": [ 17.969358, 18.034629, 18.246902, 18.649676 ] }, { "date": "2025-08-22", "close": 18.208469, "volume": 27617244, "typical_volume": 36512038.7, "trend": 19.010862, "fair_value": 16.018753, "relative_strength": -11.484911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.955316, "energy": 31.163498, "activity_lines": [ 17.98639, 18.065895, 18.21881, 18.601605 ] }, { "date": "2025-08-29", "close": 17.274953, "volume": 42677965, "typical_volume": 34932736.45, "trend": 19.026766, "fair_value": 16.031564, "relative_strength": -16.044454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.566185, "energy": 40.945811, "activity_lines": [ 17.709284, 17.926359, 18.104869, 18.489611 ] }, { "date": "2025-09-05", "close": 18.660487, "volume": 22608785, "typical_volume": 34186233.3, "trend": 19.073114, "fair_value": 16.043654, "relative_strength": -9.750986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.833173, "energy": 19.481189, "activity_lines": [ 18.020455, 18.046242, 18.126909, 18.46598 ] }, { "date": "2025-09-12", "close": 19.721747, "volume": 29993829, "typical_volume": 33568275.4, "trend": 19.071956, "fair_value": 16.065292, "relative_strength": -6.474063, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.776408, "energy": 8.855347, "activity_lines": [ 18.633628, 18.351042, 18.250208, 18.507828 ] }, { "date": "2025-09-19", "close": 19.397473, "volume": 33582638, "typical_volume": 34149248.55, "trend": 19.047139, "fair_value": 16.092424, "relative_strength": -9.381413, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.163374, "energy": 13.451563, "activity_lines": [ 18.974279, 18.554004, 18.348847, 18.528829 ] }, { "date": "2025-09-26", "close": 19.112505, "volume": 19613836, "typical_volume": 33937629.4, "trend": 18.968813, "fair_value": 16.110454, "relative_strength": -10.177456, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.657511, "energy": 23.197334, "activity_lines": [ 19.127572, 18.682641, 18.42526, 18.533046 ] }, { "date": "2025-10-03", "close": 18.375519, "volume": 32871071, "typical_volume": 33550529.55, "trend": 18.801994, "fair_value": 16.130678, "relative_strength": -13.745409, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.713678, "energy": 19.167036, "activity_lines": [ 18.974934, 18.66549, 18.430781, 18.494769 ] }, { "date": "2025-10-10", "close": 17.343738, "volume": 26733876, "typical_volume": 33398963.9, "trend": 18.596605, "fair_value": 16.16862, "relative_strength": -16.004151, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.144402, "energy": 15.965911, "activity_lines": [ 18.404998, 18.475213, 18.340518, 18.400688 ] }, { "date": "2025-10-17", "close": 17.95298, "volume": 21918188, "typical_volume": 32913415.9, "trend": 18.531991, "fair_value": 16.214225, "relative_strength": -14.114049, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.485104, "energy": 20.790124, "activity_lines": [ 18.125926, 18.405534, 18.311927, 18.359164 ] }, { "date": "2025-10-24", "close": 17.540268, "volume": 19234092, "typical_volume": 31764241.05, "trend": 18.455226, "fair_value": 16.265235, "relative_strength": -17.221116, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.75078, "energy": 30.138398, "activity_lines": [ 17.827201, 18.248132, 18.24492, 18.295181 ] }, { "date": "2025-10-31", "close": 16.754149, "volume": 18759412, "typical_volume": 28340522.7, "trend": 18.385345, "fair_value": 16.302976, "relative_strength": -20.848062, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.069726, "energy": 52.034505, "activity_lines": [ 17.39025, 17.956375, 18.107443, 18.185435 ] }, { "date": "2025-11-07", "close": 15.32931, "volume": 32290405, "typical_volume": 27208270.6, "trend": 18.292321, "fair_value": 16.32055, "relative_strength": -25.859666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.416459, "energy": 73.589994, "activity_lines": [ 16.635577, 17.431998, 17.840911, 17.988271 ] }, { "date": "2025-11-14", "close": 16.55762, "volume": 33015802, "typical_volume": 27162542.95, "trend": 18.220916, "fair_value": 16.338365, "relative_strength": -19.639007, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.026977, "energy": 66.303749, "activity_lines": [ 16.49342, 17.166326, 17.702592, 17.876355 ] }, { "date": "2025-11-21", "close": 17.196341, "volume": 27301726, "typical_volume": 27192930.55, "trend": 18.093171, "fair_value": 16.363375, "relative_strength": -14.601015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.190622, "energy": 59.01368, "activity_lines": [ 16.616579, 17.055018, 17.633011, 17.810253 ] }, { "date": "2025-11-28", "close": 16.931026, "volume": 13786537, "typical_volume": 26291863.25, "trend": 17.976564, "fair_value": 16.366884, "relative_strength": -18.621804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.120652, "energy": 48.354533, "activity_lines": [ 16.701742, 16.941389, 17.538958, 17.735276 ] }, { "date": "2025-12-05", "close": 16.881894, "volume": 21108610, "typical_volume": 26181518.25, "trend": 17.907123, "fair_value": 16.383318, "relative_strength": -18.843994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.650004, "energy": 30.318559, "activity_lines": [ 16.811143, 16.86367, 17.446074, 17.664652 ] }, { "date": "2025-12-12", "close": 16.980158, "volume": 24861922, "typical_volume": 26178765.45, "trend": 17.843251, "fair_value": 16.405929, "relative_strength": -17.564319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.275519, "energy": 21.182344, "activity_lines": [ 16.944783, 16.844374, 17.370083, 17.604848 ] }, { "date": "2025-12-19", "close": 15.722369, "volume": 21468465, "typical_volume": 26114304.05, "trend": 17.763657, "fair_value": 16.422683, "relative_strength": -23.41209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.514065, "energy": 36.548132, "activity_lines": [ 16.549103, 16.62176, 17.184736, 17.468017 ] }, { "date": "2025-12-26", "close": 15.938551, "volume": 11308596, "typical_volume": 25033883.0, "trend": 17.690286, "fair_value": 16.441598, "relative_strength": -23.098755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.216436, "energy": 42.909658, "activity_lines": [ 16.281168, 16.467931, 17.030274, 17.350268 ] }, { "date": "2026-01-02", "close": 15.781328, "volume": 24428671, "typical_volume": 25259083.5, "trend": 17.600865, "fair_value": 16.436605, "relative_strength": -22.735042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.565327, "energy": 57.355223, "activity_lines": [ 16.044677, 16.322142, 16.867107, 17.22711 ] }, { "date": "2026-01-09", "close": 16.744323, "volume": 31703228, "typical_volume": 25463382.7, "trend": 17.554025, "fair_value": 16.426691, "relative_strength": -19.129725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.496695, "energy": 49.700117, "activity_lines": [ 16.205832, 16.383423, 16.806277, 17.171849 ] }, { "date": "2026-01-16", "close": 17.127556, "volume": 20641842, "typical_volume": 24361576.55, "trend": 17.535355, "fair_value": 16.422395, "relative_strength": -16.822356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.532393, "energy": 28.140769, "activity_lines": [ 16.503902, 16.514562, 16.788916, 17.144335 ] }, { "date": "2026-01-23", "close": 17.903848, "volume": 18501561, "typical_volume": 24156215.35, "trend": 17.524873, "fair_value": 16.425104, "relative_strength": -12.663311, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.529169, "energy": 12.97119, "activity_lines": [ 17.050909, 16.754149, 16.846191, 17.168108 ] }, { "date": "2026-01-30", "close": 18.395172, "volume": 24074371, "typical_volume": 23860242.45, "trend": 17.559266, "fair_value": 16.430126, "relative_strength": -10.526175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 25.601262, "energy": 28.096768, "activity_lines": [ 17.61626, 17.058592, 16.953861, 17.224257 ] }, { "date": "2026-02-06", "close": 18.385345, "volume": 29674111, "typical_volume": 23664816.1, "trend": 17.566799, "fair_value": 16.433416, "relative_strength": -10.256178, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.456187, "energy": 34.902422, "activity_lines": [ 18.014559, 17.33945, 17.066912, 17.277552 ] }, { "date": "2026-02-13", "close": 17.245473, "volume": 25117918, "typical_volume": 23940020.2, "trend": 17.526183, "fair_value": 16.433037, "relative_strength": -14.309039, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.209789, "energy": 33.695242, "activity_lines": [ 17.859301, 17.386617, 17.076224, 17.256821 ] }, { "date": "2026-02-20", "close": 16.970332, "volume": 11317601, "typical_volume": 22862346.7, "trend": 17.452812, "fair_value": 16.436858, "relative_strength": -16.104434, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.458545, "energy": 22.230798, "activity_lines": [ 17.578919, 17.377148, 17.068222, 17.22096 ] }, { "date": "2026-02-27", "close": 16.164561, "volume": 24329918, "typical_volume": 22742148.8, "trend": 17.395491, "fair_value": 16.422572, "relative_strength": -18.998027, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.886409, "energy": 19.516309, "activity_lines": [ 17.040428, 17.221354, 16.990172, 17.137847 ] }, { "date": "2026-03-06", "close": 16.380743, "volume": 22334882, "typical_volume": 22762983.5, "trend": 17.366339, "fair_value": 16.425894, "relative_strength": -15.317803, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.062415, "energy": 29.416297, "activity_lines": [ 16.68995, 17.096826, 16.938326, 17.072379 ] }, { "date": "2026-03-13", "close": 16.439702, "volume": 18681742, "typical_volume": 22735366.0, "trend": 17.313931, "fair_value": 16.418083, "relative_strength": -12.70105, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.158326, "energy": 32.307437, "activity_lines": [ 16.49342, 16.974977, 16.899581, 17.012596 ] }, { "date": "2026-03-20", "close": 15.604451, "volume": 29710800, "typical_volume": 23282935.4, "trend": 17.227131, "fair_value": 16.408616, "relative_strength": -14.951093, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.402656, "energy": 52.319639, "activity_lines": [ 16.148183, 16.689295, 16.78653, 16.902307 ] }, { "date": "2026-03-27", "close": 15.054168, "volume": 18886030, "typical_volume": 22612716.65, "trend": 17.153105, "fair_value": 16.392759, "relative_strength": -15.364385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.807049, "energy": 67.954436, "activity_lines": [ 15.72892, 16.324285, 16.626546, 16.762116 ] }, { "date": "2026-04-03", "close": 14.553018, "volume": 17837507, "typical_volume": 21853801.9, "trend": 17.016189, "fair_value": 16.373451, "relative_strength": -20.041954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.793301, "energy": 74.748363, "activity_lines": [ 15.270351, 15.905856, 16.420143, 16.594369 ] }, { "date": "2026-04-10", "close": 15.84, "volume": 15607307, "typical_volume": 21269080.95, "trend": 16.886797, "fair_value": 16.373246, "relative_strength": -15.351616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.796301, "energy": 65.200701, "activity_lines": [ 15.348212, 15.782348, 16.345855, 16.518486 ] }, { "date": "2026-04-17", "close": 16.24, "volume": 16905878, "typical_volume": 21425048.0, "trend": 16.781548, "fair_value": 16.373042, "relative_strength": -16.19909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.125854, "energy": 44.489239, "activity_lines": [ 15.595456, 15.778024, 16.316122, 16.476757 ] }, { "date": "2026-04-24", "close": 16.18, "volume": 17542259, "typical_volume": 21246730.45, "trend": 16.683798, "fair_value": 16.383187, "relative_strength": -16.00816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.879091, "energy": 26.39472, "activity_lines": [ 15.836014, 15.801798, 16.283965, 16.437947 ] }, { "date": "2026-05-01", "close": 17.06, "volume": 23847680, "typical_volume": 21196018.35, "trend": 16.639947, "fair_value": 16.396946, "relative_strength": -11.457713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.020637, "energy": 15.617438, "activity_lines": [ 16.331535, 16.004944, 16.338959, 16.462218 ] }, { "date": "2026-05-08", "close": 18.87, "volume": 26334515, "typical_volume": 21439320.85, "trend": 16.690823, "fair_value": 16.419803, "relative_strength": -3.734633, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 28.160039, "energy": 31.313947, "activity_lines": [ 17.296667, 16.53555, 16.565955, 16.606093 ] }, { "date": "2026-05-15", "close": 18.17, "volume": 24804451, "typical_volume": 22114113.6, "trend": 16.698057, "fair_value": 16.447894, "relative_strength": -6.989575, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.066841, "energy": 52.475233, "activity_lines": [ 17.740667, 16.889694, 16.711295, 16.701523 ] }, { "date": "2026-05-22", "close": 16.4, "volume": 40353487, "typical_volume": 22910354.4, "trend": 16.660048, "fair_value": 16.461179, "relative_strength": -16.190798, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.087599, "energy": 33.286399, "activity_lines": [ 17.439333, 16.889488, 16.677438, 16.682294 ] }, { "date": "2026-05-29", "close": 16.6, "volume": 19201576, "typical_volume": 22285271.8, "trend": 16.65491, "fair_value": 16.471512, "relative_strength": -15.817647, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.975838, "energy": 28.677191, "activity_lines": [ 17.194, 16.926367, 16.659682, 16.67842 ] }, { "date": "2026-06-05", "close": 16.08, "volume": 26575120, "typical_volume": 22581935.7, "trend": 16.679933, "fair_value": 16.474993, "relative_strength": -15.779609, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.808523, "energy": 8.107206, "activity_lines": [ 16.747333, 16.8506, 16.59309, 16.641329 ] }, { "date": "2026-06-12", "close": 16.89, "volume": 22764154, "typical_volume": 22795065.35, "trend": 16.691012, "fair_value": 16.481997, "relative_strength": -11.513538, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.696603, "energy": 12.448922, "activity_lines": [ 16.636, 16.903455, 16.608629, 16.654882 ] }, { "date": "2026-06-19", "close": 14.91, "volume": 16632861, "typical_volume": 22422989.85, "trend": 16.614801, "fair_value": 16.488474, "relative_strength": -22.017418, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.211869, "energy": 33.442439, "activity_lines": [ 15.996667, 16.553818, 16.440424, 16.539978 ] }, { "date": "2026-06-26", "close": 14.26, "volume": 22781083, "typical_volume": 22078338.45, "trend": 16.525766, "fair_value": 16.491322, "relative_strength": -22.999956, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.508081, "energy": 57.997597, "activity_lines": [ 15.358, 16.102909, 16.226911, 16.388055 ] }, { "date": "2026-07-03", "close": 15.09, "volume": 13978348, "typical_volume": 21521359.95, "trend": 16.466037, "fair_value": 16.502711, "relative_strength": -19.77122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.492723, "energy": 59.654508, "activity_lines": [ 15.138667, 15.838909, 16.11209, 16.295425 ] }, { "date": "2026-07-10", "close": 15.57, "volume": 17465799, "typical_volume": 21828769.85, "trend": 16.419031, "fair_value": 16.512405, "relative_strength": -17.782329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.811616, "energy": 58.254489, "activity_lines": [ 15.18, 15.682, 16.053247, 16.237616 ] }, { "date": "2026-07-17", "close": 17.4, "volume": 20526648, "typical_volume": 21638606.35, "trend": 16.474952, "fair_value": 16.53556, "relative_strength": -6.222077, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.227089, "energy": 19.329863, "activity_lines": [ 15.865333, 15.884909, 16.175358, 16.300904 ] }, { "date": "2026-07-24", "close": 15.89, "volume": 20167025, "typical_volume": 21530213.5, "trend": 16.473334, "fair_value": 16.530129, "relative_strength": -13.258876, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.351951, "energy": 14.560679, "activity_lines": [ 16.013333, 15.84, 16.147777, 16.263166 ] }, { "date": "2026-07-31", "close": 16.95, "volume": 14163286, "typical_volume": 21304290.7, "trend": 16.51229, "fair_value": 16.533104, "relative_strength": -8.019567, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.866934, "energy": 15.604572, "activity_lines": [ 16.449333, 16.029273, 16.223485, 16.293918 ] }, { "date": "2026-08-07", "close": 17.04, "volume": 9956742, "typical_volume": 20316587.8, "trend": 16.522146, "fair_value": 16.545364, "relative_strength": -10.294155, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.448028, "energy": 17.200399, "activity_lines": [ 16.736, 16.224909, 16.305334, 16.327964 ] } ], "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." } } }