{ "ticker": { "uuid": "8d88d5b8-ced9-49c8-9612-38d6f2ebe73d", "symbol": "002130", "name": "ShenZhen Woer Heat-Shrinkable Material 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -65.282, "architecture_energy": 63.995, "architecture_maturity": 62.464, "architecture_confidence": 89.411, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 7.71, "rotation_up": 20.29, "upward_expansion": 11.72, "deceleration": 51.94, "rotation_down": 63.34, "downward_expansion": 85.05 }, "activity_lines": [ 16.499334, 17.072256, 18.902274, 20.533787 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 17.23, "trend_reference": 22.902745, "distance_from_trend": -0.247688, "trend_direction": "Weakening", "fair_value": 17.970382, "distance_from_fair_value": -0.0412, "fair_value_direction": "Weakening", "relative_strength": -32.523488, "relative_strength_direction": "Weakening", "price_momentum": -0.361615, "excess_performance": -0.369015, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.247688, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.11078, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.0412, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.427273, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.325235, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.081478, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.361615, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.034789, "read": "Demand-led" } ], "volume": { "latest": 209696659, "relative_activity": 1.220796, "balance": 1.034789, "dry_up": 1.090127, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.109007, "annualized_volatility": 0.437548, "from_high_reference": -0.507292, "from_low_reference": 0.1556 }, "levels": { "trend_reference": 22.902745, "fair_value_reference": 17.970382, "structural_low": 14.91, "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": 17, "median_return": 0.024077, "positive_rate": 0.588235, "directional_follow_through": 0.411765, "median_excess_return": 0.016714, "regime_survival": 0.764706, "best_return": 0.430615, "worst_return": -0.199608, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.162921, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.111682, "regime_survival": 0.333333, "best_return": 1.355072, "worst_return": -0.221439, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.167313, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.112634, "regime_survival": 0.25, "best_return": 0.667328, "worst_return": 0.02189, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.092855, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.212305, "regime_survival": 0.333333, "best_return": 0.744703, "worst_return": 0.052128, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-27", "end": "2024-10-11", "tenure": "New", "return": 0.107226, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-10-25", "tenure": "New", "return": 0.037353, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-02-07", "tenure": "Established", "return": 0.23714, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.244161, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.146425, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-06-13", "tenure": "Developing", "return": 0.126557, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-06-27", "tenure": "New", "return": 0.04474, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": -0.061703, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.019704, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-11-07", "tenure": "Developing", "return": 0.026833, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-16", "tenure": "Developing", "return": 0.210506, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": -0.092557, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.093333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.24727, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 7.077972, "volume": 85026929, "typical_volume": 111492623.05, "trend": 7.15364, "fair_value": 6.505767, "relative_strength": 5.710406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.293917, "energy": 15.509794, "activity_lines": [ 7.290671, 7.427988, 7.283391, 7.250274 ] }, { "date": "2023-08-04", "close": 6.862, "volume": 238593539, "typical_volume": 120324812.5, "trend": 7.172508, "fair_value": 6.515583, "relative_strength": 0.874103, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.769486, "energy": 19.250564, "activity_lines": [ 7.097605, 7.331069, 7.248008, 7.231458 ] }, { "date": "2023-08-11", "close": 6.646029, "volume": 73908523, "typical_volume": 120872574.25, "trend": 7.176368, "fair_value": 6.524138, "relative_strength": 1.223654, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.125669, "energy": 32.005948, "activity_lines": [ 6.906503, 7.195239, 7.193033, 7.197492 ] }, { "date": "2023-08-18", "close": 6.724564, "volume": 110349678, "typical_volume": 121878346.65, "trend": 7.180243, "fair_value": 6.528554, "relative_strength": 5.39908, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.559891, "energy": 54.816491, "activity_lines": [ 6.802445, 7.077079, 7.149449, 7.168343 ] }, { "date": "2023-08-25", "close": 6.557677, "volume": 77611501, "typical_volume": 122605003.15, "trend": 7.171071, "fair_value": 6.532581, "relative_strength": 5.675403, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.883235, "energy": 64.535857, "activity_lines": [ 6.695113, 6.940178, 7.093647, 7.128178 ] }, { "date": "2023-09-01", "close": 6.871817, "volume": 99306269, "typical_volume": 121608443.65, "trend": 7.169443, "fair_value": 6.541903, "relative_strength": 6.915162, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.196594, "energy": 52.215828, "activity_lines": [ 6.727836, 6.883419, 7.072235, 7.108871 ] }, { "date": "2023-09-08", "close": 6.862, "volume": 68241440, "typical_volume": 119158358.75, "trend": 7.152194, "fair_value": 6.550976, "relative_strength": 8.360971, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.279848, "energy": 40.139101, "activity_lines": [ 6.77103, 6.842545, 7.05249, 7.089036 ] }, { "date": "2023-09-15", "close": 6.83255, "volume": 57830387, "typical_volume": 117303741.05, "trend": 7.138519, "fair_value": 6.559736, "relative_strength": 9.048066, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.506133, "energy": 31.87627, "activity_lines": [ 6.804408, 6.816486, 7.030824, 7.068414 ] }, { "date": "2023-09-22", "close": 6.763831, "volume": 44937292, "typical_volume": 117415897.85, "trend": 7.118974, "fair_value": 6.56818, "relative_strength": 7.455502, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.894024, "energy": 25.562085, "activity_lines": [ 6.802444, 6.79114, 7.001965, 7.04424 ] }, { "date": "2023-09-29", "close": 6.852183, "volume": 31970289, "typical_volume": 113395686.9, "trend": 7.096844, "fair_value": 6.579976, "relative_strength": 9.283381, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.09505, "energy": 23.595612, "activity_lines": [ 6.827314, 6.795424, 6.980268, 7.027028 ] }, { "date": "2023-10-13", "close": 7.17614, "volume": 124492271, "typical_volume": 115415311.65, "trend": 7.093971, "fair_value": 6.593415, "relative_strength": 14.435402, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.723315, "energy": 13.663461, "activity_lines": [ 6.940535, 6.862893, 6.98803, 7.032144 ] }, { "date": "2023-10-20", "close": 6.646029, "volume": 78250181, "typical_volume": 116887150.4, "trend": 7.079935, "fair_value": 6.60488, "relative_strength": 10.97819, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.50471, "energy": 22.715668, "activity_lines": [ 6.856764, 6.832192, 6.944322, 7.003244 ] }, { "date": "2023-10-27", "close": 7.028887, "volume": 92336022, "typical_volume": 118764713.4, "trend": 7.065321, "fair_value": 6.618675, "relative_strength": 14.368796, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.777517, "energy": 14.461104, "activity_lines": [ 6.915011, 6.87503, 6.938198, 6.999951 ] }, { "date": "2023-11-03", "close": 7.038704, "volume": 82891079, "typical_volume": 116893739.15, "trend": 7.050059, "fair_value": 6.631171, "relative_strength": 13.068709, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.595633, "energy": 13.581244, "activity_lines": [ 6.963441, 6.912691, 6.932074, 6.998234 ] }, { "date": "2023-11-10", "close": 7.323394, "volume": 82146357, "typical_volume": 102306623.85, "trend": 7.044285, "fair_value": 6.644626, "relative_strength": 15.679719, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.618751, "energy": 17.16513, "activity_lines": [ 7.088443, 6.996402, 6.954606, 7.015868 ] }, { "date": "2023-11-17", "close": 7.293943, "volume": 64914537, "typical_volume": 92882516.1, "trend": 7.040134, "fair_value": 6.659625, "relative_strength": 14.747021, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.374284, "energy": 30.136255, "activity_lines": [ 7.172214, 7.060837, 6.976717, 7.031975 ] }, { "date": "2023-11-24", "close": 7.195775, "volume": 64860779, "typical_volume": 87019759.35, "trend": 7.045074, "fair_value": 6.673314, "relative_strength": 14.350642, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.26423, "energy": 37.650871, "activity_lines": [ 7.215408, 7.099747, 6.992097, 7.042017 ] }, { "date": "2023-12-01", "close": 7.244859, "volume": 54582687, "typical_volume": 84808319.05, "trend": 7.063363, "fair_value": 6.68546, "relative_strength": 16.08638, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.186642, "energy": 41.672455, "activity_lines": [ 7.238314, 7.141514, 7.015845, 7.054906 ] }, { "date": "2023-12-08", "close": 7.048521, "volume": 58814444, "typical_volume": 83299681.1, "trend": 7.081616, "fair_value": 6.697214, "relative_strength": 14.474098, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.572982, "energy": 22.2865, "activity_lines": [ 7.181376, 7.140086, 7.022389, 7.053948 ] }, { "date": "2023-12-15", "close": 7.117239, "volume": 58798053, "typical_volume": 82493112.85, "trend": 7.100206, "fair_value": 6.707861, "relative_strength": 17.096064, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 10.943761, "energy": 10.212238, "activity_lines": [ 7.14669, 7.145976, 7.037676, 7.056247 ] }, { "date": "2023-12-22", "close": 6.920901, "volume": 49620602, "typical_volume": 80722796.5, "trend": 7.098587, "fair_value": 6.71725, "relative_strength": 15.222283, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.367951, "energy": 9.370029, "activity_lines": [ 7.060301, 7.111349, 7.034123, 7.044679 ] }, { "date": "2023-12-29", "close": 7.411746, "volume": 56456726, "typical_volume": 71615955.85, "trend": 7.116257, "fair_value": 6.730528, "relative_strength": 18.666136, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.168242, "energy": 10.561329, "activity_lines": [ 7.162397, 7.170607, 7.078065, 7.064882 ] }, { "date": "2024-01-05", "close": 7.244859, "volume": 88479296, "typical_volume": 72344494.5, "trend": 7.130001, "fair_value": 6.745398, "relative_strength": 20.330395, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.006357, "energy": 13.294236, "activity_lines": [ 7.194465, 7.1856, 7.103496, 7.073179 ] }, { "date": "2024-01-12", "close": 7.156507, "volume": 86918585, "typical_volume": 71172939.85, "trend": 7.123129, "fair_value": 6.759207, "relative_strength": 19.670393, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.259874, "energy": 12.062763, "activity_lines": [ 7.197083, 7.180603, 7.11766, 7.074889 ] }, { "date": "2024-01-19", "close": 6.587127, "volume": 73591123, "typical_volume": 70971920.95, "trend": 7.081898, "fair_value": 6.767384, "relative_strength": 12.203531, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.277266, "energy": 20.056803, "activity_lines": [ 7.002709, 7.06994, 7.075541, 7.040309 ] }, { "date": "2024-01-26", "close": 6.449691, "volume": 92762281, "typical_volume": 70644721.55, "trend": 7.035432, "fair_value": 6.774495, "relative_strength": 9.646553, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.325546, "energy": 49.600285, "activity_lines": [ 6.797863, 6.947675, 7.020192, 6.999521 ] }, { "date": "2024-02-02", "close": 5.418919, "volume": 95425675, "typical_volume": 72003933.3, "trend": 6.950352, "fair_value": 6.774504, "relative_strength": -0.089811, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.070242, "energy": 82.288089, "activity_lines": [ 6.280841, 6.653347, 6.868685, 6.89523 ] }, { "date": "2024-02-09", "close": 6.115917, "volume": 129293180, "typical_volume": 75577072.95, "trend": 6.902249, "fair_value": 6.778608, "relative_strength": 2.633942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.603284, "energy": 74.794576, "activity_lines": [ 6.129006, 6.518052, 6.790431, 6.841395 ] }, { "date": "2024-02-23", "close": 6.302438, "volume": 94637140, "typical_volume": 78062065.35, "trend": 6.862, "fair_value": 6.781804, "relative_strength": 2.632268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.748917, "energy": 73.311139, "activity_lines": [ 6.114608, 6.437197, 6.733352, 6.802698 ] }, { "date": "2024-03-01", "close": 6.724564, "volume": 165244762, "typical_volume": 84725789.0, "trend": 6.849893, "fair_value": 6.786653, "relative_strength": 4.984231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.07251, "energy": 55.753411, "activity_lines": [ 6.297857, 6.446657, 6.718674, 6.793831 ] }, { "date": "2024-03-08", "close": 6.862, "volume": 108500182, "typical_volume": 83926184.55, "trend": 6.842694, "fair_value": 6.797893, "relative_strength": 7.549519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.160178, "energy": 19.340173, "activity_lines": [ 6.517755, 6.488245, 6.717692, 6.794612 ] }, { "date": "2024-03-15", "close": 7.166324, "volume": 86219643, "typical_volume": 84324657.65, "trend": 6.852838, "fair_value": 6.810155, "relative_strength": 9.128664, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.892002, "energy": 16.149867, "activity_lines": [ 6.811607, 6.586235, 6.74719, 6.815491 ] }, { "date": "2024-03-22", "close": 9.807064, "volume": 365697440, "typical_volume": 97992728.55, "trend": 6.958206, "fair_value": 6.837487, "relative_strength": 48.446435, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 87.401992, "energy": 61.375227, "activity_lines": [ 7.869212, 7.168822, 7.025708, 7.006087 ] }, { "date": "2024-03-29", "close": 12.025681, "volume": 1463211431, "typical_volume": 167008746.15, "trend": 7.13491, "fair_value": 6.877246, "relative_strength": 81.912703, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.806679, "energy": 97.641648, "activity_lines": [ 9.42028, 8.108209, 7.502295, 7.333021 ] }, { "date": "2024-04-05", "close": 9.816882, "volume": 754703777, "typical_volume": 200636617.15, "trend": 7.24355, "fair_value": 6.900185, "relative_strength": 44.730571, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.423581, "energy": 87.344523, "activity_lines": [ 9.853532, 8.557465, 7.744772, 7.506051 ] }, { "date": "2024-04-12", "close": 10.474612, "volume": 742795661, "typical_volume": 234530673.35, "trend": 7.363643, "fair_value": 6.926349, "relative_strength": 57.61002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.732909, "energy": 89.504951, "activity_lines": [ 10.299872, 9.067586, 8.038016, 7.714507 ] }, { "date": "2024-04-19", "close": 12.231834, "volume": 1018737765, "typical_volume": 282224522.65, "trend": 7.542637, "fair_value": 6.963159, "relative_strength": 79.714872, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.951228, "energy": 93.808913, "activity_lines": [ 11.091113, 9.824021, 8.483469, 8.028584 ] }, { "date": "2024-04-26", "close": 13.213523, "volume": 953471282, "typical_volume": 327168952.4, "trend": 7.755336, "fair_value": 7.00763, "relative_strength": 86.599488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.476679, "energy": 77.255054, "activity_lines": [ 11.871882, 10.635074, 8.998434, 8.394447 ] }, { "date": "2024-05-03", "close": 14.087226, "volume": 428786887, "typical_volume": 345667574.55, "trend": 7.99945, "fair_value": 7.060188, "relative_strength": 92.16377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.640567, "energy": 86.631745, "activity_lines": [ 12.716789, 11.475935, 9.568187, 8.802956 ] }, { "date": "2024-05-10", "close": 12.761947, "volume": 817255045, "typical_volume": 383590424.15, "trend": 8.196442, "fair_value": 7.10307, "relative_strength": 68.453396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.424243, "energy": 75.068952, "activity_lines": [ 12.982499, 11.934294, 9.978206, 9.110214 ] }, { "date": "2024-05-17", "close": 15.216166, "volume": 806062250, "typical_volume": 421412506.55, "trend": 8.464443, "fair_value": 7.159632, "relative_strength": 96.514694, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.027832, "energy": 83.806917, "activity_lines": [ 13.869945, 12.729104, 10.59508, 9.563099 ] }, { "date": "2024-05-24", "close": 13.498212, "volume": 639415388, "typical_volume": 450560439.65, "trend": 8.692849, "fair_value": 7.204249, "relative_strength": 76.046276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.457971, "energy": 64.390043, "activity_lines": [ 13.868636, 13.059665, 11.008838, 9.887859 ] }, { "date": "2024-05-31", "close": 13.140981, "volume": 430942334, "typical_volume": 467683591.55, "trend": 8.896585, "fair_value": 7.249125, "relative_strength": 69.386239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.396159, "energy": 57.534822, "activity_lines": [ 13.663825, 13.21015, 11.359591, 10.174835 ] }, { "date": "2024-06-07", "close": 12.375583, "volume": 509787318, "typical_volume": 488827028.2, "trend": 9.074481, "fair_value": 7.287354, "relative_strength": 58.790375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.395774, "energy": 48.192707, "activity_lines": [ 13.208717, 13.160855, 11.609372, 10.399287 ] }, { "date": "2024-06-14", "close": 13.618112, "volume": 467168217, "typical_volume": 508505882.9, "trend": 9.284305, "fair_value": 7.330812, "relative_strength": 71.466924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.217071, "energy": 37.488339, "activity_lines": [ 13.281895, 13.331112, 11.952637, 10.692424 ] }, { "date": "2024-06-21", "close": 14.323868, "volume": 485633111, "typical_volume": 528149424.4, "trend": 9.518636, "fair_value": 7.378918, "relative_strength": 80.451362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.784942, "energy": 41.156343, "activity_lines": [ 13.533247, 13.560576, 12.329635, 11.017557 ] }, { "date": "2024-06-28", "close": 14.035601, "volume": 452815841, "typical_volume": 546018932.7, "trend": 9.74663, "fair_value": 7.426358, "relative_strength": 77.650236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.594631, "energy": 43.652335, "activity_lines": [ 13.747997, 13.66764, 12.641684, 11.308974 ] }, { "date": "2024-07-05", "close": 14.492851, "volume": 576415887, "typical_volume": 568375068.05, "trend": 9.98823, "fair_value": 7.476107, "relative_strength": 82.896967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.560712, "energy": 49.798365, "activity_lines": [ 14.079338, 13.825046, 12.956248, 11.615182 ] }, { "date": "2024-07-12", "close": 15.407352, "volume": 690542512, "typical_volume": 598170336.65, "trend": 10.266858, "fair_value": 7.534081, "relative_strength": 86.94339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.739564, "energy": 58.746518, "activity_lines": [ 14.625388, 14.125463, 13.318017, 11.964803 ] }, { "date": "2024-07-19", "close": 14.492851, "volume": 557578960, "typical_volume": 617787046.55, "trend": 10.512711, "fair_value": 7.586877, "relative_strength": 71.567451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.080175, "energy": 48.270011, "activity_lines": [ 14.664486, 14.235606, 13.549335, 12.237448 ] }, { "date": "2024-07-26", "close": 15.874543, "volume": 726571703, "typical_volume": 648690622.6, "trend": 10.811166, "fair_value": 7.649152, "relative_strength": 90.110749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.758083, "energy": 57.429962, "activity_lines": [ 15.105832, 14.565494, 13.87525, 12.583372 ] }, { "date": "2024-08-02", "close": 16.679703, "volume": 777343151, "typical_volume": 683246798.0, "trend": 11.120098, "fair_value": 7.717894, "relative_strength": 95.755034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.595491, "energy": 60.633726, "activity_lines": [ 15.712186, 15.029805, 14.23493, 12.961987 ] }, { "date": "2024-08-09", "close": 13.747334, "volume": 615990163, "typical_volume": 695761434.15, "trend": 11.336847, "fair_value": 7.765475, "relative_strength": 61.298535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.802361, "energy": 40.745457, "activity_lines": [ 15.164811, 14.903112, 14.270035, 13.131487 ] }, { "date": "2024-08-16", "close": 14.989862, "volume": 503543819, "typical_volume": 647778053.55, "trend": 11.597959, "fair_value": 7.819716, "relative_strength": 72.920821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.575137, "energy": 38.41242, "activity_lines": [ 15.081313, 14.991309, 14.404713, 13.367165 ] }, { "date": "2024-08-23", "close": 13.876557, "volume": 409165287, "typical_volume": 630501129.05, "trend": 11.84094, "fair_value": 7.865266, "relative_strength": 60.156439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.886993, "energy": 24.804366, "activity_lines": [ 14.654546, 14.829554, 14.419247, 13.514171 ] }, { "date": "2024-08-30", "close": 14.025661, "volume": 387740365, "typical_volume": 612748364.25, "trend": 12.093472, "fair_value": 7.910093, "relative_strength": 55.715161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.270782, "energy": 19.276465, "activity_lines": [ 14.318566, 14.69021, 14.428649, 13.655121 ] }, { "date": "2024-09-06", "close": 11.441202, "volume": 507575342, "typical_volume": 587190243.1, "trend": 12.294215, "fair_value": 7.934124, "relative_strength": 28.680472, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.795873, "energy": 15.010182, "activity_lines": [ 13.244359, 14.086387, 14.175003, 13.613039 ] }, { "date": "2024-09-13", "close": 10.805027, "volume": 344123704, "typical_volume": 556722864.2, "trend": 12.450519, "fair_value": 7.947237, "relative_strength": 22.268296, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.818599, "energy": 34.577502, "activity_lines": [ 12.307327, 13.414066, 13.864534, 13.516962 ] }, { "date": "2024-09-20", "close": 10.665863, "volume": 158894443, "typical_volume": 543228242.0, "trend": 12.595966, "fair_value": 7.965428, "relative_strength": 17.985187, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.692428, "energy": 53.80322, "activity_lines": [ 11.520061, 12.783494, 13.552279, 13.401823 ] }, { "date": "2024-09-27", "close": 12.793073, "volume": 567464465, "typical_volume": 530738713.0, "trend": 12.79825, "fair_value": 7.994145, "relative_strength": 18.734401, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.2251, "energy": 46.493254, "activity_lines": [ 11.730131, 12.625896, 13.458909, 13.41454 ] }, { "date": "2024-10-04", "close": 13.866617, "volume": 163832702, "typical_volume": 498627235.6, "trend": 13.031737, "fair_value": 8.028936, "relative_strength": 15.019368, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.147119, "energy": 28.159461, "activity_lines": [ 12.370281, 12.694393, 13.467632, 13.483467 ] }, { "date": "2024-10-11", "close": 14.164824, "volume": 781672051, "typical_volume": 505740068.75, "trend": 13.26502, "fair_value": 8.066882, "relative_strength": 21.480488, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.073555, "energy": 3.763762, "activity_lines": [ 13.120437, 12.853618, 13.511183, 13.556569 ] }, { "date": "2024-10-18", "close": 18.627985, "volume": 1277224465, "typical_volume": 548054175.3, "trend": 13.559051, "fair_value": 8.128775, "relative_strength": 52.431381, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 66.865059, "energy": 45.361504, "activity_lines": [ 15.176739, 13.870051, 13.976622, 13.902567 ] }, { "date": "2024-10-25", "close": 19.323803, "volume": 942166905, "typical_volume": 569673154.65, "trend": 13.802322, "fair_value": 8.19606, "relative_strength": 51.444243, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.561731, "energy": 72.892375, "activity_lines": [ 16.943449, 14.924257, 14.482201, 14.274486 ] }, { "date": "2024-11-01", "close": 19.323803, "volume": 843509961, "typical_volume": 588490241.85, "trend": 14.119219, "fair_value": 8.271491, "relative_strength": 51.094868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.591729, "energy": 83.005465, "activity_lines": [ 18.132963, 15.899665, 14.954693, 14.630711 ] }, { "date": "2024-11-08", "close": 19.572308, "volume": 574679308, "typical_volume": 592942551.7, "trend": 14.422476, "fair_value": 8.348764, "relative_strength": 41.050734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.721634, "energy": 85.663948, "activity_lines": [ 18.96993, 16.821214, 15.423683, 14.982523 ] }, { "date": "2024-11-15", "close": 17.395397, "volume": 501252873, "typical_volume": 595364403.3, "trend": 14.594594, "fair_value": 8.414881, "relative_strength": 28.419172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.661672, "energy": 77.818239, "activity_lines": [ 18.700881, 17.246114, 15.660355, 15.174325 ] }, { "date": "2024-11-22", "close": 17.375517, "volume": 483249412, "typical_volume": 590706079.55, "trend": 14.733328, "fair_value": 8.481057, "relative_strength": 30.229349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.445129, "energy": 50.137243, "activity_lines": [ 18.209834, 17.55914, 15.879134, 15.353739 ] }, { "date": "2024-11-29", "close": 18.190615, "volume": 390735753, "typical_volume": 575715741.6, "trend": 14.870107, "fair_value": 8.552084, "relative_strength": 32.161368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.090561, "energy": 42.894174, "activity_lines": [ 18.073984, 17.900903, 16.161816, 15.57679 ] }, { "date": "2024-12-06", "close": 18.856611, "volume": 597702802, "typical_volume": 577721933.7, "trend": 15.073263, "fair_value": 8.624459, "relative_strength": 32.747463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.620941, "energy": 40.13758, "activity_lines": [ 18.235678, 18.226943, 16.494671, 15.833983 ] }, { "date": "2024-12-13", "close": 20.486809, "volume": 648837396, "typical_volume": 573835218.35, "trend": 15.248951, "fair_value": 8.70635, "relative_strength": 42.826632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.721903, "energy": 47.356759, "activity_lines": [ 18.971918, 18.739136, 16.962004, 16.183245 ] }, { "date": "2024-12-20", "close": 24.810806, "volume": 940157485, "typical_volume": 581975935.05, "trend": 15.626037, "fair_value": 8.813037, "relative_strength": 70.208358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.806104, "energy": 74.727584, "activity_lines": [ 21.088523, 19.917143, 17.819183, 16.800138 ] }, { "date": "2024-12-27", "close": 29.045343, "volume": 890033693, "typical_volume": 595678111.55, "trend": 16.156183, "fair_value": 8.94606, "relative_strength": 93.63919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.285093, "energy": 94.350025, "activity_lines": [ 24.12228, 21.671502, 19.040931, 17.6659 ] }, { "date": "2025-01-03", "close": 23.568277, "volume": 880568741, "typical_volume": 614529357.65, "trend": 16.529273, "fair_value": 9.043974, "relative_strength": 65.607262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.427664, "energy": 80.900944, "activity_lines": [ 24.55236, 22.240625, 19.668207, 18.1441 ] }, { "date": "2025-01-10", "close": 24.09511, "volume": 914790273, "typical_volume": 639810606.95, "trend": 16.878506, "fair_value": 9.149182, "relative_strength": 67.331847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.903301, "energy": 78.290029, "activity_lines": [ 24.799541, 22.828364, 20.304807, 18.632218 ] }, { "date": "2025-01-17", "close": 24.472841, "volume": 614555079, "typical_volume": 651151342.65, "trend": 17.216805, "fair_value": 9.254946, "relative_strength": 60.457955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.961492, "energy": 67.10238, "activity_lines": [ 24.823398, 23.398029, 20.928722, 19.122175 ] }, { "date": "2025-01-24", "close": 28.200426, "volume": 1040693205, "typical_volume": 677807235.8, "trend": 17.688966, "fair_value": 9.3856, "relative_strength": 77.998738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.317685, "energy": 59.125002, "activity_lines": [ 25.824048, 24.556337, 21.857897, 19.830796 ] }, { "date": "2025-01-31", "close": 25.377401, "volume": 173160854, "typical_volume": 669259093.3, "trend": 18.051784, "fair_value": 9.496976, "relative_strength": 58.837478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.129912, "energy": 50.684566, "activity_lines": [ 25.657715, 25.004913, 22.438406, 20.326824 ] }, { "date": "2025-02-07", "close": 23.906246, "volume": 478010532, "typical_volume": 685214897.75, "trend": 18.335081, "fair_value": 9.601658, "relative_strength": 40.952534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.979086, "energy": 45.140133, "activity_lines": [ 25.245527, 25.040517, 22.809413, 20.704531 ] }, { "date": "2025-02-14", "close": 23.409235, "volume": 732615302, "typical_volume": 693472439.6, "trend": 18.632293, "fair_value": 9.703526, "relative_strength": 33.420072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.352619, "energy": 36.321448, "activity_lines": [ 24.645137, 24.881835, 23.070037, 21.031896 ] }, { "date": "2025-02-21", "close": 25.486742, "volume": 791851103, "typical_volume": 724873359.65, "trend": 18.9527, "fair_value": 9.820702, "relative_strength": 39.396677, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.839261, "energy": 30.920985, "activity_lines": [ 24.782974, 25.018106, 23.477965, 21.474119 ] }, { "date": "2025-02-28", "close": 22.842642, "volume": 748944268, "typical_volume": 723236970.5, "trend": 19.158131, "fair_value": 9.923789, "relative_strength": 27.29168, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.396051, "energy": 20.9165, "activity_lines": [ 23.971852, 24.582724, 23.57874, 21.725083 ] }, { "date": "2025-03-07", "close": 21.997723, "volume": 392681227, "typical_volume": 679009808.6, "trend": 19.433144, "fair_value": 10.021273, "relative_strength": 18.212716, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.58313, "energy": 18.373276, "activity_lines": [ 23.236275, 24.029505, 23.557723, 21.908282 ] }, { "date": "2025-03-14", "close": 22.77306, "volume": 361545865, "typical_volume": 649978756.6, "trend": 19.692584, "fair_value": 10.123168, "relative_strength": 19.105493, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.700615, "energy": 17.046815, "activity_lines": [ 22.984456, 23.745395, 23.594502, 22.123761 ] }, { "date": "2025-03-21", "close": 21.272085, "volume": 307951131, "typical_volume": 623200815.1, "trend": 19.939102, "fair_value": 10.215503, "relative_strength": 13.076864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.737412, "energy": 13.645257, "activity_lines": [ 22.307857, 23.20284, 23.471906, 22.225664 ] }, { "date": "2025-03-28", "close": 20.188601, "volume": 275290058, "typical_volume": 608231352.6, "trend": 20.144533, "fair_value": 10.299898, "relative_strength": 7.396711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.168713, "energy": 16.423958, "activity_lines": [ 21.412574, 22.514614, 23.236843, 22.241761 ] }, { "date": "2025-04-04", "close": 19.691589, "volume": 154110740, "typical_volume": 590874245.95, "trend": 20.419546, "fair_value": 10.384278, "relative_strength": 6.19043, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -9.679471, "energy": 35.388642, "activity_lines": [ 20.70483, 21.813918, 22.951511, 22.212538 ] }, { "date": "2025-04-11", "close": 17.693604, "volume": 378372487, "typical_volume": 585630399.7, "trend": 20.649165, "fair_value": 10.458711, "relative_strength": -0.142233, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.115534, "energy": 57.760848, "activity_lines": [ 19.541161, 20.904659, 22.464961, 22.036671 ] }, { "date": "2025-04-18", "close": 17.514681, "volume": 192628262, "typical_volume": 575725025.15, "trend": 20.877459, "fair_value": 10.532867, "relative_strength": -1.117149, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.112442, "energy": 62.097192, "activity_lines": [ 18.604792, 20.102573, 21.959855, 21.834446 ] }, { "date": "2025-04-25", "close": 17.872528, "volume": 236838997, "typical_volume": 557681834.9, "trend": 21.046774, "fair_value": 10.608509, "relative_strength": -0.901881, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.385958, "energy": 67.960628, "activity_lines": [ 18.138264, 19.481761, 21.492049, 21.64058 ] }, { "date": "2025-05-02", "close": 18.220436, "volume": 163649124, "typical_volume": 533422421.3, "trend": 21.191902, "fair_value": 10.687128, "relative_strength": 0.807518, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.424033, "energy": 66.181684, "activity_lines": [ 18.014342, 19.024872, 21.062063, 21.458235 ] }, { "date": "2025-05-09", "close": 20.07926, "volume": 390169640, "typical_volume": 505923029.05, "trend": 21.389049, "fair_value": 10.778532, "relative_strength": 7.838896, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.946064, "energy": 55.758243, "activity_lines": [ 18.64124, 19.038065, 20.8199, 21.386452 ] }, { "date": "2025-05-16", "close": 19.950035, "volume": 511599965, "typical_volume": 487001342.65, "trend": 21.433118, "fair_value": 10.870538, "relative_strength": 6.153497, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.052455, "energy": 33.358572, "activity_lines": [ 19.199217, 19.078007, 20.587962, 21.293612 ] }, { "date": "2025-05-23", "close": 19.015654, "volume": 222944847, "typical_volume": 454120147.95, "trend": 21.422846, "fair_value": 10.959975, "relative_strength": 1.184444, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.213415, "energy": 27.9368, "activity_lines": [ 19.295306, 18.985291, 20.310345, 21.137647 ] }, { "date": "2025-05-30", "close": 19.383444, "volume": 284246690, "typical_volume": 422592968.8, "trend": 21.424834, "fair_value": 11.052515, "relative_strength": 3.518439, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.679556, "energy": 23.199597, "activity_lines": [ 19.413926, 19.027764, 20.089436, 21.006073 ] }, { "date": "2025-06-06", "close": 21.172684, "volume": 404337202, "typical_volume": 412082074.95, "trend": 21.47818, "fair_value": 11.155095, "relative_strength": 10.638859, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.09652, "energy": 20.008842, "activity_lines": [ 20.028233, 19.429891, 20.061366, 20.989805 ] }, { "date": "2025-06-13", "close": 22.474854, "volume": 633152973, "typical_volume": 391705063.35, "trend": 21.647495, "fair_value": 11.26484, "relative_strength": 17.25981, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.127172, "energy": 14.280551, "activity_lines": [ 20.879779, 20.050884, 20.173028, 21.054107 ] }, { "date": "2025-06-20", "close": 22.72336, "volume": 556712940, "typical_volume": 410882667.65, "trend": 21.825757, "fair_value": 11.376179, "relative_strength": 19.107807, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.047238, "energy": 23.053444, "activity_lines": [ 21.654454, 20.666455, 20.335622, 21.123517 ] }, { "date": "2025-06-27", "close": 23.74, "volume": 461391550, "typical_volume": 410051718.55, "trend": 22.010736, "fair_value": 11.493164, "relative_strength": 19.115858, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.463147, "energy": 40.729904, "activity_lines": [ 22.583121, 21.37542, 20.607677, 21.247017 ] }, { "date": "2025-07-04", "close": 24.309999, "volume": 571496349, "typical_volume": 401995770.9, "trend": 22.192516, "fair_value": 11.614113, "relative_strength": 19.689448, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.210635, "energy": 56.49983, "activity_lines": [ 23.386831, 22.074834, 20.934809, 21.395356 ] }, { "date": "2025-07-11", "close": 24.57, "volume": 753233584, "typical_volume": 400064894.95, "trend": 22.328622, "fair_value": 11.735572, "relative_strength": 18.195796, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.478306, "energy": 64.864752, "activity_lines": [ 23.948771, 22.704475, 21.282414, 21.548742 ] }, { "date": "2025-07-18", "close": 24.25, "volume": 473828591, "typical_volume": 386309111.1, "trend": 22.309929, "fair_value": 11.85329, "relative_strength": 13.660812, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.783073, "energy": 60.460681, "activity_lines": [ 24.177557, 23.160488, 21.603908, 21.672702 ] }, { "date": "2025-07-25", "close": 23.200001, "volume": 474778183, "typical_volume": 390413958.9, "trend": 22.115084, "fair_value": 11.963714, "relative_strength": 6.022639, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.127475, "energy": 41.707617, "activity_lines": [ 23.938, 23.34976, 21.818701, 21.730126 ] }, { "date": "2025-08-01", "close": 22.65, "volume": 374652075, "typical_volume": 391069269.4, "trend": 22.084475, "fair_value": 12.069924, "relative_strength": 5.060204, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.698082, "energy": 27.733133, "activity_lines": [ 23.483334, 23.379942, 21.975387, 21.764637 ] }, { "date": "2025-08-08", "close": 22.809999, "volume": 247237409, "typical_volume": 388033583.3, "trend": 22.041638, "fair_value": 12.177661, "relative_strength": 4.076293, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.615337, "energy": 16.490863, "activity_lines": [ 23.154667, 23.373136, 22.147897, 21.811445 ] }, { "date": "2025-08-15", "close": 24.360001, "volume": 495864349, "typical_volume": 399062297.85, "trend": 22.037876, "fair_value": 12.294081, "relative_strength": 6.005625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 24.722812, "energy": 19.283237, "activity_lines": [ 23.442667, 23.585847, 22.460703, 21.961017 ] }, { "date": "2025-08-22", "close": 24.84, "volume": 525147300, "typical_volume": 417614125.85, "trend": 21.925862, "fair_value": 12.413642, "relative_strength": 3.02623, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.453468, "energy": 37.357695, "activity_lines": [ 23.904667, 23.827879, 22.79936, 22.141799 ] }, { "date": "2025-08-29", "close": 26.459999, "volume": 713506337, "typical_volume": 434370818.35, "trend": 21.961949, "fair_value": 12.543336, "relative_strength": 4.752493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.633389, "energy": 63.165949, "activity_lines": [ 24.867333, 24.321454, 23.267786, 22.434324 ] }, { "date": "2025-09-05", "close": 24.25, "volume": 494187752, "typical_volume": 449448792.85, "trend": 21.973407, "fair_value": 12.657676, "relative_strength": -3.674671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.665634, "energy": 55.619818, "activity_lines": [ 24.876, 24.345273, 23.483991, 22.58194 ] }, { "date": "2025-09-12", "close": 27.049999, "volume": 663943103, "typical_volume": 470803998.15, "trend": 22.094766, "fair_value": 12.786021, "relative_strength": 3.934932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.473236, "energy": 66.729475, "activity_lines": [ 25.711333, 24.868909, 23.93479, 22.909462 ] }, { "date": "2025-09-19", "close": 26.719999, "volume": 691378448, "typical_volume": 497190464.35, "trend": 22.135875, "fair_value": 12.912314, "relative_strength": 0.817954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.84597, "energy": 65.378023, "activity_lines": [ 26.153999, 25.282727, 24.310458, 23.207864 ] }, { "date": "2025-09-26", "close": 32.490002, "volume": 1191502956, "typical_volume": 537257130.15, "trend": 22.457453, "fair_value": 13.076846, "relative_strength": 20.037319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.091513, "energy": 78.647781, "activity_lines": [ 28.362667, 26.706545, 25.195175, 23.875873 ] }, { "date": "2025-10-03", "close": 30.51, "volume": 339340264, "typical_volume": 528644145.1, "trend": 22.741196, "fair_value": 13.224868, "relative_strength": 9.114839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.087514, "energy": 81.609537, "activity_lines": [ 29.401334, 27.620545, 25.832223, 24.395392 ] }, { "date": "2025-10-10", "close": 30.01, "volume": 258955848, "typical_volume": 530444695.15, "trend": 22.982427, "fair_value": 13.375129, "relative_strength": 7.8596, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.434909, "energy": 80.497996, "activity_lines": [ 30.003334, 28.310727, 26.371366, 24.864347 ] }, { "date": "2025-10-17", "close": 27.4, "volume": 455316910, "typical_volume": 538998206.15, "trend": 23.186691, "fair_value": 13.510099, "relative_strength": 3.307339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.919477, "energy": 66.461428, "activity_lines": [ 29.351334, 28.392545, 26.609583, 25.149351 ] }, { "date": "2025-10-24", "close": 29.59, "volume": 352152476, "typical_volume": 536388969.85, "trend": 23.500071, "fair_value": 13.662235, "relative_strength": 6.127871, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.855937, "energy": 50.161806, "activity_lines": [ 29.406, 28.789091, 27.018198, 25.562468 ] }, { "date": "2025-10-31", "close": 27.690001, "volume": 467140617, "typical_volume": 528088352.05, "trend": 23.766685, "fair_value": 13.800503, "relative_strength": -1.547572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.761951, "energy": 33.422103, "activity_lines": [ 28.636, 28.745091, 27.205778, 25.832786 ] }, { "date": "2025-11-07", "close": 27.17, "volume": 226309975, "typical_volume": 511568203.8, "trend": 24.082565, "fair_value": 13.934686, "relative_strength": -3.82334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.157593, "energy": 22.805299, "activity_lines": [ 28.012667, 28.554727, 27.319, 26.052355 ] }, { "date": "2025-11-14", "close": 25.700001, "volume": 210947135, "typical_volume": 499045983.05, "trend": 24.355409, "fair_value": 14.059822, "relative_strength": -8.006428, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.725265, "energy": 18.262609, "activity_lines": [ 27.122001, 28.084182, 27.271048, 26.156706 ] }, { "date": "2025-11-21", "close": 24.0, "volume": 152040960, "typical_volume": 478073213.6, "trend": 24.559658, "fair_value": 14.170619, "relative_strength": -9.651555, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.788805, "energy": 16.735916, "activity_lines": [ 25.952, 27.278182, 27.051857, 26.133776 ] }, { "date": "2025-11-28", "close": 25.08, "volume": 174518672, "typical_volume": 449137468.0, "trend": 24.78831, "fair_value": 14.288777, "relative_strength": -9.008599, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.573361, "energy": 18.857314, "activity_lines": [ 25.368667, 26.724, 26.937, 26.167347 ] }, { "date": "2025-12-05", "close": 26.219999, "volume": 293795042, "typical_volume": 440135790.55, "trend": 24.993001, "fair_value": 14.412741, "relative_strength": -6.265961, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.709696, "energy": 18.603506, "activity_lines": [ 25.466, 26.406909, 26.928286, 26.259714 ] }, { "date": "2025-12-12", "close": 28.040001, "volume": 346206254, "typical_volume": 433707194.1, "trend": 25.262667, "fair_value": 14.54981, "relative_strength": -0.777884, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.395961, "energy": 15.946531, "activity_lines": [ 26.268, 26.534727, 27.083524, 26.456294 ] }, { "date": "2025-12-19", "close": 26.040001, "volume": 268199333, "typical_volume": 428384557.0, "trend": 25.496811, "fair_value": 14.673934, "relative_strength": -6.733344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.846309, "energy": 8.855811, "activity_lines": [ 26.345334, 26.343819, 27.025238, 26.506445 ] }, { "date": "2025-12-26", "close": 26.959999, "volume": 229607150, "typical_volume": 427503044.05, "trend": 25.749363, "fair_value": 14.805833, "relative_strength": -6.098064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.665454, "energy": 17.209465, "activity_lines": [ 26.706667, 26.392364, 27.038429, 26.600844 ] }, { "date": "2026-01-02", "close": 26.32, "volume": 137615099, "typical_volume": 409590581.55, "trend": 25.92094, "fair_value": 14.934693, "relative_strength": -7.425407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.151194, "energy": 17.544048, "activity_lines": [ 26.657333, 26.332546, 26.970905, 26.637659 ] }, { "date": "2026-01-09", "close": 27.969999, "volume": 341296287, "typical_volume": 400398030.9, "trend": 26.104112, "fair_value": 15.075631, "relative_strength": -5.353705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.525703, "energy": 20.522564, "activity_lines": [ 27.075333, 26.632182, 27.05119, 26.769857 ] }, { "date": "2026-01-16", "close": 31.110001, "volume": 709837938, "typical_volume": 400214610.95, "trend": 26.383667, "fair_value": 15.234696, "relative_strength": 4.305775, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.852706, "energy": 57.772199, "activity_lines": [ 28.423333, 27.497636, 27.415619, 27.092817 ] }, { "date": "2026-01-23", "close": 31.440001, "volume": 846553905, "typical_volume": 417832918.6, "trend": 26.640333, "fair_value": 15.394374, "relative_strength": 4.797338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.799097, "energy": 69.361075, "activity_lines": [ 29.676667, 28.351455, 27.789334, 27.419032 ] }, { "date": "2026-01-30", "close": 26.99, "volume": 781394906, "typical_volume": 423705508.75, "trend": 26.729667, "fair_value": 15.525025, "relative_strength": -8.045501, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.268668, "energy": 47.619819, "activity_lines": [ 29.086667, 28.291818, 27.705, 27.441592 ] }, { "date": "2026-02-06", "close": 27.27, "volume": 405953733, "typical_volume": 409434273.0, "trend": 26.819667, "fair_value": 15.656033, "relative_strength": -4.827608, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.126802, "energy": 38.626278, "activity_lines": [ 28.588, 28.228727, 27.647619, 27.476452 ] }, { "date": "2026-02-13", "close": 27.360001, "volume": 343317565, "typical_volume": 367025003.45, "trend": 26.923333, "fair_value": 15.787054, "relative_strength": -5.614554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.494563, "energy": 15.324111, "activity_lines": [ 28.056001, 28.142182, 27.596191, 27.511312 ] }, { "date": "2026-02-27", "close": 28.530001, "volume": 268183647, "typical_volume": 363467172.6, "trend": 27.101, "fair_value": 15.922635, "relative_strength": -3.944729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.345773, "energy": 17.795294, "activity_lines": [ 27.954667, 28.247637, 27.680619, 27.614968 ] }, { "date": "2026-03-06", "close": 26.25, "volume": 344841551, "typical_volume": 367761457.75, "trend": 27.221, "fair_value": 16.044476, "relative_strength": -9.354591, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.005657, "energy": 9.523479, "activity_lines": [ 27.265334, 27.929637, 27.557334, 27.560065 ] }, { "date": "2026-03-13", "close": 25.58, "volume": 245910328, "typical_volume": 357291128.65, "trend": 27.313333, "fair_value": 16.161334, "relative_strength": -12.140857, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.598028, "energy": 17.407725, "activity_lines": [ 26.698667, 27.486, 27.388143, 27.454194 ] }, { "date": "2026-03-20", "close": 24.610001, "volume": 528443803, "typical_volume": 366105695.0, "trend": 27.321667, "fair_value": 16.27091, "relative_strength": -12.698564, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.133994, "energy": 44.572081, "activity_lines": [ 25.902667, 26.891091, 27.135238, 27.279785 ] }, { "date": "2026-03-27", "close": 23.799999, "volume": 217803338, "typical_volume": 353638831.05, "trend": 27.287, "fair_value": 16.376921, "relative_strength": -14.712261, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.492633, "energy": 58.659024, "activity_lines": [ 25.014, 26.18, 26.828905, 27.052581 ] }, { "date": "2026-04-03", "close": 22.889999, "volume": 134085061, "typical_volume": 349027585.35, "trend": 27.168, "fair_value": 16.478349, "relative_strength": -15.318382, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.175694, "energy": 66.508572, "activity_lines": [ 24.059333, 25.379273, 26.454429, 26.768903 ] }, { "date": "2026-04-10", "close": 24.629999, "volume": 172798634, "typical_volume": 347120160.3, "trend": 27.180667, "fair_value": 16.588367, "relative_strength": -14.828034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.380015, "energy": 60.287421, "activity_lines": [ 24.060666, 25.044363, 26.266048, 26.605161 ] }, { "date": "2026-04-17", "close": 25.620001, "volume": 227369028, "typical_volume": 350886563.7, "trend": 27.133, "fair_value": 16.704542, "relative_strength": -14.769244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.277925, "energy": 45.155262, "activity_lines": [ 24.5, 25.013273, 26.177048, 26.504473 ] }, { "date": "2026-04-24", "close": 23.620001, "volume": 280369398, "typical_volume": 356179100.0, "trend": 27.029667, "fair_value": 16.807898, "relative_strength": -21.554751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.452678, "energy": 37.831579, "activity_lines": [ 24.27, 24.643455, 25.889857, 26.277828 ] }, { "date": "2026-05-01", "close": 22.74, "volume": 179613497, "typical_volume": 350470022.75, "trend": 26.704667, "fair_value": 16.906112, "relative_strength": -25.10118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.969881, "energy": 38.8459, "activity_lines": [ 23.812667, 24.18, 25.52581, 26.001075 ] }, { "date": "2026-05-08", "close": 23.58, "volume": 147825726, "typical_volume": 340550996.35, "trend": 26.473667, "fair_value": 17.012089, "relative_strength": -24.37572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.028237, "energy": 46.928725, "activity_lines": [ 23.706, 23.953273, 25.258333, 25.799484 ] }, { "date": "2026-05-15", "close": 22.49, "volume": 288467436, "typical_volume": 341564401.5, "trend": 26.223, "fair_value": 17.113332, "relative_strength": -27.486078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.961486, "energy": 64.121205, "activity_lines": [ 23.19, 23.618364, 24.908286, 25.542473 ] }, { "date": "2026-05-22", "close": 20.99, "volume": 217867817, "typical_volume": 340977434.85, "trend": 26.009334, "fair_value": 17.20621, "relative_strength": -32.075941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.91912, "energy": 73.884914, "activity_lines": [ 22.316667, 23.079091, 24.432286, 25.20486 ] }, { "date": "2026-05-29", "close": 21.99, "volume": 241479559, "typical_volume": 346170657.85, "trend": 25.756, "fair_value": 17.305124, "relative_strength": -28.415642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.750179, "energy": 66.289285, "activity_lines": [ 22.085333, 22.805091, 24.079952, 24.945549 ] }, { "date": "2026-06-05", "close": 20.364021, "volume": 44339487, "typical_volume": 331322817.85, "trend": 25.511801, "fair_value": 17.390986, "relative_strength": -32.184152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.713914, "energy": 77.161746, "activity_lines": [ 21.420674, 22.283095, 23.593383, 24.597679 ] }, { "date": "2026-06-12", "close": 19.00708, "volume": 46178495, "typical_volume": 298139845.7, "trend": 25.239704, "fair_value": 17.468713, "relative_strength": -34.698981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.996533, "energy": 84.853131, "activity_lines": [ 20.462099, 21.576854, 23.0138, 24.178019 ] }, { "date": "2026-06-19", "close": 20.274879, "volume": 177282177, "typical_volume": 264676259.3, "trend": 25.058866, "fair_value": 17.554882, "relative_strength": -34.36078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.003213, "energy": 79.761597, "activity_lines": [ 20.230985, 21.171721, 22.612593, 23.857708 ] }, { "date": "2026-06-26", "close": 17.600616, "volume": 48442387, "typical_volume": 228028633.35, "trend": 24.845553, "fair_value": 17.62051, "relative_strength": -41.445926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.636787, "energy": 91.475913, "activity_lines": [ 19.256125, 20.359543, 22.009861, 23.376531 ] }, { "date": "2026-07-03", "close": 18.105755, "volume": 42520341, "typical_volume": 209856963.75, "trend": 24.613078, "fair_value": 17.686419, "relative_strength": -38.350827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.573851, "energy": 87.356969, "activity_lines": [ 18.675604, 19.785015, 21.499949, 22.941705 ] }, { "date": "2026-07-10", "close": 17.620001, "volume": 219959636, "typical_volume": 203689067.3, "trend": 24.326412, "fair_value": 17.749087, "relative_strength": -37.074329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.047832, "energy": 82.633939, "activity_lines": [ 18.192114, 19.222427, 20.987414, 22.490539 ] }, { "date": "2026-07-17", "close": 15.24, "volume": 154773840, "typical_volume": 198018576.95, "trend": 23.899745, "fair_value": 17.795681, "relative_strength": -39.513173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.022893, "energy": 88.89171, "activity_lines": [ 17.098225, 18.320202, 20.294594, 21.904319 ] }, { "date": "2026-07-24", "close": 15.48, "volume": 150383055, "typical_volume": 188295652.15, "trend": 23.547745, "fair_value": 17.846457, "relative_strength": -38.152483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.810275, "energy": 87.893033, "activity_lines": [ 16.335475, 17.61325, 19.687916, 21.361109 ] }, { "date": "2026-07-31", "close": 16.700001, "volume": 234152756, "typical_volume": 187707773.55, "trend": 23.205745, "fair_value": 17.905368, "relative_strength": -31.703771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.343272, "energy": 74.33298, "activity_lines": [ 16.299051, 17.255571, 19.248714, 20.919319 ] }, { "date": "2026-08-07", "close": 17.23, "volume": 209696659, "typical_volume": 171770416.35, "trend": 22.902745, "fair_value": 17.970382, "relative_strength": -32.523488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.281509, "energy": 63.995345, "activity_lines": [ 16.499334, 17.072256, 18.902274, 20.533787 ] } ], "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." } } }