{ "ticker": { "uuid": "957f0411-ceea-4b84-add1-7a3601856fe9", "symbol": "688380", "name": "Shenzhen China Micro Semicon Co., Ltd.", "exchange": "SHH", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "000001.SS", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 70.354, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -28.895, "architecture_energy": 38.741, "architecture_maturity": 29.92, "architecture_confidence": 57.873, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 40.92, "rotation_up": 21.43, "upward_expansion": 15.43, "deceleration": 59.98, "rotation_down": 65.39, "downward_expansion": 47.76 }, "activity_lines": [ 39.621333, 44.997999, 46.695758, 46.828137 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 40.299999, "trend_reference": 46.489531, "distance_from_trend": -0.133138, "trend_direction": "Improving", "fair_value": 29.004133, "distance_from_fair_value": 0.389457, "fair_value_direction": "Weakening", "relative_strength": -0.211897, "relative_strength_direction": "Weakening", "price_momentum": -0.299209, "excess_performance": -0.256006, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.133138, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.120724, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.389457, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.401134, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002119, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.280813, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.299209, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.803301, "read": "Supply-led" } ], "volume": { "latest": 60370808, "relative_activity": 1.166038, "balance": 0.803301, "dry_up": 1.430117, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.204747, "annualized_volatility": 0.762473, "from_high_reference": -0.397608, "from_low_reference": 0.459875 }, "levels": { "trend_reference": 46.489531, "fair_value_reference": 29.004133, "structural_low": 32.799999, "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": 1, "median_return": -0.06055, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.07673, "regime_survival": 0.0, "best_return": -0.06055, "worst_return": -0.06055, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.054844, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.035775, "regime_survival": 0.0, "best_return": 0.054844, "worst_return": 0.054844, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.388927, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.190068, "regime_survival": 0.0, "best_return": 0.388927, "worst_return": 0.388927, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.773752, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.525775, "regime_survival": 0.0, "best_return": 0.773752, "worst_return": 0.773752, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-02-21", "tenure": "Established", "return": 0.236538, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": 0.078023, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.090573, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": -0.064935, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": -0.019817, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-23", "end": "2025-07-25", "tenure": "Developing", "return": 0.122831, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": 0.050944, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.057225, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-11-07", "tenure": "Developing", "return": -0.020276, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-23", "tenure": "Developing", "return": 0.32375, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": -0.215903, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.138612, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-31", "tenure": "Established", "return": -0.282348, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 27.941151, "volume": 7190567, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-04", "close": 28.038198, "volume": 5372284, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 25.495447, "volume": 8911235, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 25.592501, "volume": 9803480, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 22.302452, "volume": 11081790, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 24.563753, "volume": 15644259, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 25.27223, "volume": 13440197, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 24.330828, "volume": 8415058, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 23.738813, "volume": 6136686, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 23.797047, "volume": 5850755, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 24.204664, "volume": 7645867, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 22.438326, "volume": 9044161, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 22.525667, "volume": 9153005, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 23.855276, "volume": 9626714, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 23.7097, "volume": 10290533, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 23.903801, "volume": 9617093, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 22.350977, "volume": 9661331, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 22.758595, "volume": 12821145, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 24.262894, "volume": 16301752, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 23.486479, "volume": 17383080, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 22.74889, "volume": 10837176, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 23.156506, "volume": 12212667, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 21.302822, "volume": 6992012, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 19.53648, "volume": 9158857, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 18.847416, "volume": 6314647, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 17.857491, "volume": 10176624, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 14.761544, "volume": 8985875, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 16.178495, "volume": 15315834, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 16.741396, "volume": 15247228, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 17.692501, "volume": 18059034, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 17.061665, "volume": 12500672, "typical_volume": 11484972.0, "trend": 22.083762, "fair_value": 27.034873, "relative_strength": -30.622897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.421755, "energy": 53.786781, "activity_lines": [ 16.894737, 17.357232, 19.361003, 20.54515 ] }, { "date": "2024-03-15", "close": 17.275179, "volume": 11483616, "typical_volume": 11606944.75, "trend": 21.724994, "fair_value": 26.914382, "relative_strength": -29.513097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.91065, "energy": 46.959673, "activity_lines": [ 17.157423, 17.168423, 19.029225, 20.234919 ] }, { "date": "2024-03-22", "close": 17.226654, "volume": 12887681, "typical_volume": 11793678.55, "trend": 21.449368, "fair_value": 26.796239, "relative_strength": -28.986384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.76688, "energy": 39.191098, "activity_lines": [ 17.236359, 17.077723, 18.717412, 19.944703 ] }, { "date": "2024-03-29", "close": 15.761175, "volume": 10716593, "typical_volume": 11848172.5, "trend": 21.121657, "fair_value": 26.663287, "relative_strength": -34.226063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.243772, "energy": 48.599167, "activity_lines": [ 16.756924, 16.794686, 18.291263, 19.577723 ] }, { "date": "2024-04-05", "close": 15.858226, "volume": 5287000, "typical_volume": 11597995.85, "trend": 20.90685, "fair_value": 26.534655, "relative_strength": -33.603472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.432891, "energy": 50.029072, "activity_lines": [ 16.375188, 16.597936, 17.912901, 19.238147 ] }, { "date": "2024-04-12", "close": 14.567441, "volume": 8461729, "typical_volume": 11540227.65, "trend": 20.573639, "fair_value": 26.393864, "relative_strength": -37.201624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.922127, "energy": 66.864651, "activity_lines": [ 15.685475, 16.220846, 17.448994, 18.829153 ] }, { "date": "2024-04-19", "close": 13.422232, "volume": 13352901, "typical_volume": 11724806.15, "trend": 20.178639, "fair_value": 26.243032, "relative_strength": -42.144467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.460092, "energy": 81.940023, "activity_lines": [ 14.780307, 15.695356, 16.920479, 18.367772 ] }, { "date": "2024-04-26", "close": 14.994468, "volume": 9687401, "typical_volume": 11568118.95, "trend": 19.867427, "fair_value": 26.113738, "relative_strength": -34.952085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.625464, "energy": 71.687463, "activity_lines": [ 14.656081, 15.480078, 16.584219, 18.033309 ] }, { "date": "2024-05-03", "close": 15.994099, "volume": 8139417, "typical_volume": 11160002.2, "trend": 19.60927, "fair_value": 25.998742, "relative_strength": -30.229676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.142674, "energy": 54.291344, "activity_lines": [ 15.013878, 15.468079, 16.380133, 17.783417 ] }, { "date": "2024-05-10", "close": 16.304663, "volume": 12035558, "typical_volume": 10892626.1, "trend": 19.359524, "fair_value": 25.88982, "relative_strength": -29.387462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.434783, "energy": 46.716608, "activity_lines": [ 15.459668, 15.526134, 16.245, 17.570216 ] }, { "date": "2024-05-17", "close": 16.382303, "volume": 8246721, "typical_volume": 10763103.35, "trend": 19.098779, "fair_value": 25.78418, "relative_strength": -28.473686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.102399, "energy": 30.380608, "activity_lines": [ 15.901575, 15.623538, 16.151461, 17.378138 ] }, { "date": "2024-05-24", "close": 15.916458, "volume": 7920228, "typical_volume": 10548481.4, "trend": 18.881383, "fair_value": 25.675744, "relative_strength": -28.448306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.668701, "energy": 24.159495, "activity_lines": [ 16.06721, 15.648595, 16.043872, 17.172827 ] }, { "date": "2024-05-31", "close": 16.67346, "volume": 11573473, "typical_volume": 10777554.45, "trend": 18.68631, "fair_value": 25.577893, "relative_strength": -24.308094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.395451, "energy": 22.56337, "activity_lines": [ 16.318898, 15.835993, 16.042855, 17.03038 ] }, { "date": "2024-06-07", "close": 15.343854, "volume": 17015088, "typical_volume": 11170366.0, "trend": 18.402595, "fair_value": 25.46785, "relative_strength": -28.763288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.9097, "energy": 23.136682, "activity_lines": [ 16.01545, 15.791702, 15.937254, 16.814738 ] }, { "date": "2024-06-14", "close": 16.935499, "volume": 19349727, "typical_volume": 11822120.0, "trend": 18.176789, "fair_value": 25.37708, "relative_strength": -20.142299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.82662, "energy": 10.328879, "activity_lines": [ 16.285901, 16.044389, 16.003203, 16.720086 ] }, { "date": "2024-06-21", "close": 17.63427, "volume": 30147943, "typical_volume": 12820685.95, "trend": 17.967804, "fair_value": 25.295577, "relative_strength": -15.138087, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.337521, "energy": 9.355795, "activity_lines": [ 16.747219, 16.404539, 16.144806, 16.685085 ] }, { "date": "2024-06-28", "close": 16.467779, "volume": 19077321, "typical_volume": 13325258.25, "trend": 17.771698, "fair_value": 25.20362, "relative_strength": -19.175306, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.85326, "energy": 11.567239, "activity_lines": [ 16.736243, 16.496838, 16.176377, 16.588309 ] }, { "date": "2024-07-05", "close": 15.295731, "volume": 11500892, "typical_volume": 13134511.15, "trend": 17.522936, "fair_value": 25.101477, "relative_strength": -23.596402, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.179582, "energy": 17.966253, "activity_lines": [ 16.297829, 16.320665, 16.0882, 16.428569 ] }, { "date": "2024-07-12", "close": 16.694311, "volume": 15466373, "typical_volume": 13145468.4, "trend": 17.27065, "fair_value": 25.01569, "relative_strength": -16.409206, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.918569, "energy": 6.417931, "activity_lines": [ 16.417457, 16.393301, 16.137425, 16.37511 ] }, { "date": "2024-07-19", "close": 16.979937, "volume": 17274716, "typical_volume": 13106252.5, "trend": 17.053765, "fair_value": 24.934521, "relative_strength": -14.419767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.032228, "energy": 5.552595, "activity_lines": [ 16.542263, 16.505138, 16.214076, 16.356354 ] }, { "date": "2024-07-26", "close": 16.024569, "volume": 18263296, "typical_volume": 13394383.7, "trend": 16.829621, "fair_value": 24.845421, "relative_strength": -15.754156, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.686221, "energy": 15.18765, "activity_lines": [ 16.345651, 16.430994, 16.203133, 16.289954 ] }, { "date": "2024-08-02", "close": 16.773106, "volume": 19873267, "typical_volume": 13813866.25, "trend": 16.616841, "fair_value": 24.765497, "relative_strength": -11.431867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.884988, "energy": 6.546812, "activity_lines": [ 16.505865, 16.499452, 16.268418, 16.286308 ] }, { "date": "2024-08-09", "close": 16.605669, "volume": 19270840, "typical_volume": 14133024.2, "trend": 16.460269, "fair_value": 24.685499, "relative_strength": -10.272255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.60537, "energy": 9.260563, "activity_lines": [ 16.589911, 16.521892, 16.320147, 16.285588 ] }, { "date": "2024-08-16", "close": 17.334505, "volume": 31369361, "typical_volume": 15165662.6, "trend": 16.38687, "fair_value": 24.61413, "relative_strength": -6.195245, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.564024, "energy": 17.633688, "activity_lines": [ 16.829573, 16.67808, 16.444246, 16.34199 ] }, { "date": "2024-08-23", "close": 15.955626, "volume": 22675274, "typical_volume": 16035076.3, "trend": 16.290477, "fair_value": 24.530875, "relative_strength": -12.266792, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 36.878861, "energy": 16.69427, "activity_lines": [ 16.566929, 16.547368, 16.429532, 16.314168 ] }, { "date": "2024-08-30", "close": 17.570885, "volume": 24485409, "typical_volume": 16836260.3, "trend": 16.280923, "fair_value": 24.46459, "relative_strength": -2.385926, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.663163, "energy": 30.761005, "activity_lines": [ 16.910993, 16.728157, 16.568188, 16.396775 ] }, { "date": "2024-09-06", "close": 17.078426, "volume": 33092542, "typical_volume": 17823242.35, "trend": 16.358153, "fair_value": 24.394909, "relative_strength": -2.172778, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.424287, "energy": 29.16529, "activity_lines": [ 16.987815, 16.820559, 16.645641, 16.448226 ] }, { "date": "2024-09-13", "close": 16.704159, "volume": 21215546, "typical_volume": 18399649.6, "trend": 16.375675, "fair_value": 24.323033, "relative_strength": -1.634607, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.420252, "energy": 20.46756, "activity_lines": [ 16.919527, 16.83381, 16.670038, 16.470549 ] }, { "date": "2024-09-20", "close": 16.950386, "volume": 13220595, "typical_volume": 18653708.5, "trend": 16.382641, "fair_value": 24.254767, "relative_strength": -0.796359, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.839733, "energy": 27.820399, "activity_lines": [ 16.926749, 16.866223, 16.709745, 16.507628 ] }, { "date": "2024-09-27", "close": 20.683216, "volume": 46350311, "typical_volume": 20369446.15, "trend": 16.482332, "fair_value": 24.222001, "relative_strength": 7.666625, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.361917, "energy": 60.797751, "activity_lines": [ 18.203856, 17.572675, 17.100406, 16.785084 ] }, { "date": "2024-10-04", "close": 24.69182, "volume": 17553212, "typical_volume": 20834770.7, "trend": 16.73667, "fair_value": 24.226272, "relative_strength": 19.007757, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.43427, "energy": 86.070941, "activity_lines": [ 20.501991, 18.940633, 17.851988, 17.314728 ] }, { "date": "2024-10-11", "close": 24.24861, "volume": 73031431, "typical_volume": 24090330.85, "trend": 16.969118, "fair_value": 24.226473, "relative_strength": 21.228059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.117608, "energy": 86.109539, "activity_lines": [ 22.177661, 20.07042, 18.52179, 17.79937 ] }, { "date": "2024-10-18", "close": 26.691198, "volume": 56690331, "typical_volume": 26346173.75, "trend": 17.284603, "fair_value": 24.24848, "relative_strength": 31.505925, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.869135, "energy": 91.851602, "activity_lines": [ 24.189514, 21.508396, 19.384543, 18.426601 ] }, { "date": "2024-10-25", "close": 28.207966, "volume": 77839460, "typical_volume": 29387392.35, "trend": 17.699496, "fair_value": 24.283519, "relative_strength": 36.938181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.837799, "energy": 93.574181, "activity_lines": [ 26.041154, 23.038775, 20.344047, 19.131334 ] }, { "date": "2024-11-01", "close": 26.898029, "volume": 66000567, "typical_volume": 31719934.35, "trend": 18.067489, "fair_value": 24.306454, "relative_strength": 31.377766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.340787, "energy": 86.411278, "activity_lines": [ 26.705643, 24.133284, 21.117537, 19.724788 ] }, { "date": "2024-11-08", "close": 29.902023, "volume": 73642358, "typical_volume": 33894655.1, "trend": 18.578642, "fair_value": 24.355111, "relative_strength": 38.087729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.730346, "energy": 87.320627, "activity_lines": [ 27.957142, 25.575021, 22.129681, 20.488306 ] }, { "date": "2024-11-15", "close": 27.932192, "volume": 61128775, "typical_volume": 35997227.8, "trend": 19.062307, "fair_value": 24.385948, "relative_strength": 33.460098, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.35931, "energy": 62.155438, "activity_lines": [ 28.204685, 26.434404, 22.895805, 21.091761 ] }, { "date": "2024-11-22", "close": 26.238136, "volume": 35874370, "typical_volume": 37215901.7, "trend": 19.437096, "fair_value": 24.401778, "relative_strength": 27.72376, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.013534, "energy": 54.778418, "activity_lines": [ 27.641969, 26.788436, 23.445997, 21.554717 ] }, { "date": "2024-11-29", "close": 27.429884, "volume": 30485990, "typical_volume": 37966882.55, "trend": 19.818289, "fair_value": 24.42744, "relative_strength": 30.787721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.30552, "energy": 49.998683, "activity_lines": [ 27.506708, 27.185804, 24.057582, 22.070381 ] }, { "date": "2024-12-06", "close": 27.84355, "volume": 30293599, "typical_volume": 38617826.7, "trend": 20.202919, "fair_value": 24.456147, "relative_strength": 29.467367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.675747, "energy": 44.316288, "activity_lines": [ 27.561207, 27.467849, 24.657442, 22.58814 ] }, { "date": "2024-12-13", "close": 27.045767, "volume": 29436545, "typical_volume": 39176489.15, "trend": 20.558367, "fair_value": 24.477727, "relative_strength": 26.285748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.11648, "energy": 34.687528, "activity_lines": [ 27.286743, 27.474653, 25.129592, 23.029614 ] }, { "date": "2024-12-20", "close": 33.693943, "volume": 112393866, "typical_volume": 43802519.1, "trend": 21.15095, "fair_value": 24.553894, "relative_strength": 57.47055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.498583, "energy": 51.428707, "activity_lines": [ 29.418756, 28.647418, 26.182419, 23.87707 ] }, { "date": "2024-12-27", "close": 32.305214, "volume": 101441587, "typical_volume": 47911056.45, "trend": 21.672009, "fair_value": 24.61743, "relative_strength": 48.79198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.131728, "energy": 52.055534, "activity_lines": [ 30.703742, 29.395954, 27.022411, 24.5967 ] }, { "date": "2025-01-03", "close": 27.085165, "volume": 44129967, "typical_volume": 48549086.75, "trend": 22.063386, "fair_value": 24.637493, "relative_strength": 31.821886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.899004, "energy": 42.967611, "activity_lines": [ 29.84424, 29.093316, 27.290495, 24.945936 ] }, { "date": "2025-01-10", "close": 28.552689, "volume": 64476919, "typical_volume": 50639169.0, "trend": 22.450625, "fair_value": 24.669067, "relative_strength": 40.11374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.377138, "energy": 42.283516, "activity_lines": [ 29.496893, 29.077916, 27.651912, 25.364601 ] }, { "date": "2025-01-17", "close": 31.911251, "volume": 69859444, "typical_volume": 52907870.75, "trend": 22.926525, "fair_value": 24.727004, "relative_strength": 51.664431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.811354, "energy": 41.168058, "activity_lines": [ 30.221792, 29.643079, 28.273207, 25.974964 ] }, { "date": "2025-01-24", "close": 31.566526, "volume": 60497843, "typical_volume": 54278135.8, "trend": 23.429816, "fair_value": 24.781286, "relative_strength": 48.188314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.454188, "energy": 37.027375, "activity_lines": [ 30.507416, 30.109033, 28.793382, 26.532383 ] }, { "date": "2025-01-31", "close": 30.61116, "volume": 8558391, "typical_volume": 53645278.05, "trend": 23.940331, "fair_value": 24.827191, "relative_strength": 42.420772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.10224, "energy": 37.350002, "activity_lines": [ 30.616413, 30.335205, 29.15358, 26.995696 ] }, { "date": "2025-02-07", "close": 30.433876, "volume": 49345927, "typical_volume": 55451544.65, "trend": 24.398316, "fair_value": 24.870993, "relative_strength": 37.796491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.894637, "energy": 37.670578, "activity_lines": [ 30.779253, 30.449634, 29.430669, 27.414634 ] }, { "date": "2025-02-14", "close": 28.946653, "volume": 52597812, "typical_volume": 55763919.7, "trend": 24.797207, "fair_value": 24.902587, "relative_strength": 28.268138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.189001, "energy": 27.076817, "activity_lines": [ 30.223103, 30.239041, 29.501911, 27.708075 ] }, { "date": "2025-02-21", "close": 30.532366, "volume": 49830242, "typical_volume": 57377771.2, "trend": 25.2808, "fair_value": 24.945893, "relative_strength": 32.687027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.790473, "energy": 24.045293, "activity_lines": [ 30.169261, 30.296704, 29.684824, 28.078086 ] }, { "date": "2025-02-28", "close": 30.295988, "volume": 77461302, "typical_volume": 57599264.75, "trend": 25.731563, "fair_value": 24.986734, "relative_strength": 32.739032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.665486, "energy": 20.450781, "activity_lines": [ 30.128552, 30.247995, 29.817412, 28.401646 ] }, { "date": "2025-03-07", "close": 32.659782, "volume": 92322954, "typical_volume": 59380895.9, "trend": 26.2667, "fair_value": 25.044863, "relative_strength": 39.312834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.344179, "energy": 29.227441, "activity_lines": [ 30.960476, 30.690848, 30.146327, 28.848628 ] }, { "date": "2025-03-14", "close": 31.970343, "volume": 55257213, "typical_volume": 58251783.55, "trend": 26.754561, "fair_value": 25.096934, "relative_strength": 33.136445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.68733, "energy": 30.863417, "activity_lines": [ 31.426013, 31.001903, 30.381159, 29.216605 ] }, { "date": "2025-03-21", "close": 29.448961, "volume": 37980006, "typical_volume": 56850755.5, "trend": 27.204339, "fair_value": 25.129412, "relative_strength": 23.581994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.960108, "energy": 27.172737, "activity_lines": [ 30.948658, 30.765702, 30.357943, 29.390437 ] }, { "date": "2025-03-28", "close": 29.074694, "volume": 29566668, "typical_volume": 54646971.0, "trend": 27.587799, "fair_value": 25.158636, "relative_strength": 21.352712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.443819, "energy": 17.825661, "activity_lines": [ 30.31306, 30.445157, 30.286936, 29.511105 ] }, { "date": "2025-04-04", "close": 28.818615, "volume": 19106308, "typical_volume": 52545847.65, "trend": 27.979139, "fair_value": 25.185548, "relative_strength": 19.507429, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.55023, "energy": 8.468764, "activity_lines": [ 29.68928, 30.129626, 30.195479, 29.590513 ] }, { "date": "2025-04-11", "close": 26.976822, "volume": 55288013, "typical_volume": 53516529.8, "trend": 28.321561, "fair_value": 25.198623, "relative_strength": 14.386099, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.300312, "energy": 13.959047, "activity_lines": [ 28.550061, 29.529186, 29.924393, 29.525847 ] }, { "date": "2025-04-18", "close": 26.947277, "volume": 32061463, "typical_volume": 53595303.45, "trend": 28.654791, "fair_value": 25.211294, "relative_strength": 11.783304, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.557179, "energy": 33.070349, "activity_lines": [ 27.779858, 28.989453, 29.646975, 29.437184 ] }, { "date": "2025-04-25", "close": 26.838936, "volume": 27418889, "typical_volume": 53451567.95, "trend": 28.859981, "fair_value": 25.223004, "relative_strength": 9.770385, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.750892, "energy": 42.820063, "activity_lines": [ 27.308412, 28.493414, 29.361538, 29.320032 ] }, { "date": "2025-05-02", "close": 27.183655, "volume": 12355119, "typical_volume": 52597496.65, "trend": 28.943042, "fair_value": 25.237008, "relative_strength": 10.822259, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.471672, "energy": 46.61987, "activity_lines": [ 27.125874, 28.098373, 29.113714, 29.211882 ] }, { "date": "2025-05-09", "close": 26.898029, "volume": 22491599, "typical_volume": 48102383.3, "trend": 29.031356, "fair_value": 25.248789, "relative_strength": 6.801016, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.213246, "energy": 42.916406, "activity_lines": [ 26.974197, 27.712286, 28.838032, 29.079945 ] }, { "date": "2025-05-16", "close": 26.307081, "volume": 21333044, "typical_volume": 44096956.15, "trend": 29.018552, "fair_value": 25.256241, "relative_strength": 2.976798, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.4512, "energy": 47.726587, "activity_lines": [ 26.753576, 27.280535, 28.53843, 28.904186 ] }, { "date": "2025-05-23", "close": 25.213827, "volume": 16103441, "typical_volume": 42695629.85, "trend": 28.918748, "fair_value": 25.255945, "relative_strength": -1.334549, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.849719, "energy": 53.944882, "activity_lines": [ 26.213186, 26.765515, 28.163271, 28.65872 ] }, { "date": "2025-05-30", "close": 25.607792, "volume": 15972311, "typical_volume": 40270399.45, "trend": 28.87574, "fair_value": 25.258388, "relative_strength": -0.331062, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.817288, "energy": 55.891271, "activity_lines": [ 25.919682, 26.444969, 27.834544, 28.44511 ] }, { "date": "2025-06-06", "close": 26.19874, "volume": 9802533, "typical_volume": 37267553.9, "trend": 28.752297, "fair_value": 25.264873, "relative_strength": 0.148239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.629001, "energy": 58.638986, "activity_lines": [ 25.905236, 26.301709, 27.576121, 28.2724 ] }, { "date": "2025-06-13", "close": 24.947899, "volume": 16031330, "typical_volume": 35044228.25, "trend": 28.652821, "fair_value": 25.262702, "relative_strength": -4.824232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.059682, "energy": 66.264029, "activity_lines": [ 25.539504, 25.983313, 27.225773, 28.026955 ] }, { "date": "2025-06-20", "close": 24.908503, "volume": 11790710, "typical_volume": 35205844.2, "trend": 28.6085, "fair_value": 25.260293, "relative_strength": -4.85195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.879349, "energy": 65.031578, "activity_lines": [ 25.290649, 25.728131, 26.90319, 27.785386 ] }, { "date": "2025-06-27", "close": 26.504065, "volume": 22870666, "typical_volume": 33882081.15, "trend": 28.577639, "fair_value": 25.268697, "relative_strength": -1.193367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.281144, "energy": 42.920858, "activity_lines": [ 25.666887, 25.800656, 26.75972, 27.649616 ] }, { "date": "2025-07-04", "close": 25.96236, "volume": 19577889, "typical_volume": 32231085.0, "trend": 28.514933, "fair_value": 25.273352, "relative_strength": -5.087346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.363414, "energy": 36.553552, "activity_lines": [ 25.77654, 25.782748, 26.583374, 27.480888 ] }, { "date": "2025-07-11", "close": 26.494215, "volume": 14015921, "typical_volume": 30440368.95, "trend": 28.496548, "fair_value": 25.281491, "relative_strength": -4.636757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.080668, "energy": 29.317066, "activity_lines": [ 26.039841, 25.877479, 26.47189, 27.350519 ] }, { "date": "2025-07-18", "close": 26.849609, "volume": 17169475, "typical_volume": 27425777.6, "trend": 28.268403, "fair_value": 25.291876, "relative_strength": -4.46386, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.861629, "energy": 22.559914, "activity_lines": [ 26.401908, 26.049363, 26.413484, 27.244265 ] }, { "date": "2025-07-25", "close": 28.310879, "volume": 28111321, "typical_volume": 24215195.95, "trend": 28.135259, "fair_value": 25.311738, "relative_strength": -1.479411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.670022, "energy": 15.360935, "activity_lines": [ 27.124284, 26.487812, 26.510657, 27.247006 ] }, { "date": "2025-08-01", "close": 27.903313, "volume": 38494482, "typical_volume": 23377059.4, "trend": 28.16253, "fair_value": 25.328676, "relative_strength": -2.462798, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.457469, "energy": 17.810801, "activity_lines": [ 27.48398, 26.815725, 26.589723, 27.232041 ] }, { "date": "2025-08-08", "close": 28.112068, "volume": 33948953, "typical_volume": 23175506.75, "trend": 28.147843, "fair_value": 25.34675, "relative_strength": -4.20811, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.718985, "energy": 22.505663, "activity_lines": [ 27.819977, 27.132694, 26.708038, 27.228786 ] }, { "date": "2025-08-15", "close": 29.324821, "volume": 44237152, "typical_volume": 23909030.95, "trend": 28.061628, "fair_value": 25.372415, "relative_strength": -2.187463, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.490648, "energy": 46.2735, "activity_lines": [ 28.416912, 27.624632, 26.948219, 27.30472 ] }, { "date": "2025-08-22", "close": 31.094254, "volume": 57988076, "typical_volume": 25853119.35, "trend": 28.045886, "fair_value": 25.409094, "relative_strength": -0.381803, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.177037, "energy": 68.957155, "activity_lines": [ 29.414951, 28.381446, 27.355727, 27.500373 ] }, { "date": "2025-08-29", "close": 32.704632, "volume": 91575827, "typical_volume": 27667510.05, "trend": 28.115669, "fair_value": 25.274228, "relative_strength": 3.344718, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.844954, "energy": 79.895555, "activity_lines": [ 30.666806, 29.319305, 27.905767, 27.800937 ] }, { "date": "2025-09-05", "close": 31.38253, "volume": 75919353, "typical_volume": 29860404.55, "trend": 28.14729, "fair_value": 25.214133, "relative_strength": -0.133318, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.464171, "energy": 69.233241, "activity_lines": [ 31.185043, 29.875034, 28.302618, 28.011703 ] }, { "date": "2025-09-12", "close": 32.873623, "volume": 49255937, "typical_volume": 30952256.95, "trend": 28.278189, "fair_value": 25.180884, "relative_strength": 2.488093, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.547633, "energy": 82.413083, "activity_lines": [ 31.968364, 30.613171, 28.820357, 28.316627 ] }, { "date": "2025-09-19", "close": 33.827919, "volume": 66494712, "typical_volume": 33659236.6, "trend": 28.388041, "fair_value": 25.201812, "relative_strength": 6.201662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.227629, "energy": 77.751593, "activity_lines": [ 32.752346, 31.399158, 29.400245, 28.674674 ] }, { "date": "2025-09-26", "close": 39.752533, "volume": 107605684, "typical_volume": 37914940.85, "trend": 28.703259, "fair_value": 25.252197, "relative_strength": 23.490775, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.06858, "energy": 85.51852, "activity_lines": [ 35.210993, 33.129006, 30.512743, 29.407868 ] }, { "date": "2025-10-03", "close": 38.808174, "volume": 35258186, "typical_volume": 38611197.95, "trend": 28.908206, "fair_value": 25.309034, "relative_strength": 18.158576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.666, "energy": 91.71618, "activity_lines": [ 36.777636, 34.452555, 31.47409, 30.059797 ] }, { "date": "2025-10-10", "close": 37.49601, "volume": 41236669, "typical_volume": 39867859.35, "trend": 29.092395, "fair_value": 25.358257, "relative_strength": 13.209148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.196427, "energy": 81.245454, "activity_lines": [ 37.499987, 35.346668, 32.250939, 30.613849 ] }, { "date": "2025-10-17", "close": 33.758335, "volume": 56166454, "typical_volume": 41877566.5, "trend": 29.23604, "fair_value": 25.397006, "relative_strength": 3.302357, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.018498, "energy": 57.286922, "activity_lines": [ 36.568881, 35.386792, 32.613334, 30.914878 ] }, { "date": "2025-10-24", "close": 37.277317, "volume": 57684819, "typical_volume": 44271680.8, "trend": 29.509461, "fair_value": 25.477807, "relative_strength": 10.656139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.576684, "energy": 50.78677, "activity_lines": [ 36.751789, 35.96407, 33.272057, 31.43367 ] }, { "date": "2025-10-31", "close": 34.603291, "volume": 48298661, "typical_volume": 45885047.35, "trend": 29.702284, "fair_value": 25.531291, "relative_strength": 2.479827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.836744, "energy": 33.523923, "activity_lines": [ 35.813395, 35.910572, 33.623356, 31.762304 ] }, { "date": "2025-11-07", "close": 33.142021, "volume": 31468761, "typical_volume": 46868949.9, "trend": 29.90779, "fair_value": 25.564312, "relative_strength": -2.816658, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.741845, "energy": 22.112277, "activity_lines": [ 34.731193, 35.527587, 33.789508, 31.984223 ] }, { "date": "2025-11-14", "close": 31.809977, "volume": 25205267, "typical_volume": 46985679.95, "trend": 30.06988, "fair_value": 25.59615, "relative_strength": -6.47008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.74008, "energy": 18.735573, "activity_lines": [ 33.582721, 34.89446, 33.789591, 32.106944 ] }, { "date": "2025-11-21", "close": 29.642921, "volume": 21498905, "typical_volume": 47081730.75, "trend": 30.163346, "fair_value": 25.595094, "relative_strength": -9.243725, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.764699, "energy": 16.977591, "activity_lines": [ 32.090965, 33.859551, 33.558023, 32.079399 ] }, { "date": "2025-11-28", "close": 32.277187, "volume": 24431207, "typical_volume": 47602495.05, "trend": 30.333131, "fair_value": 25.622081, "relative_strength": -2.555321, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.873145, "energy": 18.491715, "activity_lines": [ 31.751659, 33.36234, 33.55981, 32.215775 ] }, { "date": "2025-12-05", "close": 31.68075, "volume": 17215431, "typical_volume": 47604792.85, "trend": 30.492555, "fair_value": 25.629612, "relative_strength": -4.6909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.320087, "energy": 18.320694, "activity_lines": [ 31.546882, 32.784881, 33.477255, 32.302719 ] }, { "date": "2025-12-12", "close": 32.187721, "volume": 21656180, "typical_volume": 47282035.8, "trend": 30.688576, "fair_value": 25.640394, "relative_strength": -2.8968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.78744, "energy": 15.73513, "activity_lines": [ 31.705932, 32.446358, 33.419978, 32.412084 ] }, { "date": "2025-12-19", "close": 30.885498, "volume": 17394541, "typical_volume": 46227038.75, "trend": 30.877632, "fair_value": 25.639272, "relative_strength": -6.41563, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.668131, "energy": 13.157709, "activity_lines": [ 31.494528, 31.991438, 33.220219, 32.424789 ] }, { "date": "2025-12-26", "close": 32.40641, "volume": 23911159, "typical_volume": 45725149.05, "trend": 31.104252, "fair_value": 25.655134, "relative_strength": -3.330931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.05841, "energy": 10.39218, "activity_lines": [ 31.851726, 31.93324, 33.151108, 32.52342 ] }, { "date": "2026-01-02", "close": 31.959087, "volume": 12220175, "typical_volume": 44124300.2, "trend": 31.296264, "fair_value": 25.672603, "relative_strength": -4.70662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.960753, "energy": 12.492609, "activity_lines": [ 31.875584, 31.81829, 33.018945, 32.57857 ] }, { "date": "2026-01-09", "close": 34.56353, "volume": 43920604, "typical_volume": 43420926.6, "trend": 31.616785, "fair_value": 25.729326, "relative_strength": -0.591354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.680067, "energy": 18.705338, "activity_lines": [ 32.788796, 32.273571, 33.12228, 32.789362 ] }, { "date": "2026-01-16", "close": 35.000916, "volume": 46301309, "typical_volume": 41157200.7, "trend": 31.953199, "fair_value": 25.78732, "relative_strength": 1.423929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.481869, "energy": 29.653348, "activity_lines": [ 33.655619, 32.809099, 33.250751, 33.007693 ] }, { "date": "2026-01-23", "close": 42.108456, "volume": 144731922, "typical_volume": 44597829.15, "trend": 32.473345, "fair_value": 25.885419, "relative_strength": 20.877962, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 83.425321, "energy": 73.315684, "activity_lines": [ 36.704075, 34.60311, 34.045196, 33.66287 ] }, { "date": "2026-01-30", "close": 57.506474, "volume": 197317280, "typical_volume": 52000896.3, "trend": 33.524816, "fair_value": 26.084002, "relative_strength": 64.106171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.558387, "energy": 95.538482, "activity_lines": [ 44.137006, 39.009514, 36.255042, 35.277911 ] }, { "date": "2026-02-06", "close": 51.233944, "volume": 136707172, "typical_volume": 55511519.3, "trend": 34.349473, "fair_value": 26.230422, "relative_strength": 46.963619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.542326, "energy": 93.463068, "activity_lines": [ 47.805756, 41.768849, 37.750206, 36.420435 ] }, { "date": "2026-02-13", "close": 49.325344, "volume": 73546977, "typical_volume": 53808583.95, "trend": 35.098665, "fair_value": 26.360317, "relative_strength": 39.840255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.109717, "energy": 88.324116, "activity_lines": [ 49.553316, 43.836497, 38.980712, 37.386621 ] }, { "date": "2026-02-27", "close": 49.872078, "volume": 61790478, "typical_volume": 55135198.55, "trend": 35.817371, "fair_value": 26.492429, "relative_strength": 37.743004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.761049, "energy": 87.673611, "activity_lines": [ 50.499, 45.682741, 40.217704, 38.339744 ] }, { "date": "2026-03-06", "close": 48.361107, "volume": 57485627, "typical_volume": 55947646.45, "trend": 36.499298, "fair_value": 26.624418, "relative_strength": 34.051137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.145063, "energy": 66.274495, "activity_lines": [ 49.949616, 46.932729, 41.258108, 39.149017 ] }, { "date": "2026-03-13", "close": 47.198051, "volume": 39365626, "typical_volume": 55107605.05, "trend": 37.135497, "fair_value": 26.749442, "relative_strength": 31.214641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.134238, "energy": 53.075194, "activity_lines": [ 48.595703, 47.653514, 42.136006, 39.839259 ] }, { "date": "2026-03-20", "close": 45.090641, "volume": 83161711, "typical_volume": 56381449.65, "trend": 37.661024, "fair_value": 26.861938, "relative_strength": 29.161536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.698348, "energy": 38.165845, "activity_lines": [ 47.226549, 47.722194, 42.7492, 40.352495 ] }, { "date": "2026-03-27", "close": 41.810238, "volume": 48250199, "typical_volume": 56379026.55, "trend": 38.018224, "fair_value": 26.943291, "relative_strength": 20.583229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.008469, "energy": 24.316509, "activity_lines": [ 45.17348, 46.955682, 43.012769, 40.620186 ] }, { "date": "2026-04-03", "close": 40.358906, "volume": 26362295, "typical_volume": 56123703.25, "trend": 38.273366, "fair_value": 27.008168, "relative_strength": 16.96807, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.342076, "energy": 23.384099, "activity_lines": [ 43.137641, 45.793533, 43.103796, 40.771198 ] }, { "date": "2026-04-10", "close": 45.120464, "volume": 33763178, "typical_volume": 56551598.8, "trend": 38.731297, "fair_value": 27.082787, "relative_strength": 26.548675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.395021, "energy": 21.656754, "activity_lines": [ 43.323199, 45.399704, 43.613939, 41.212946 ] }, { "date": "2026-04-17", "close": 46.591675, "volume": 42180871, "typical_volume": 57585697.1, "trend": 39.188566, "fair_value": 27.172109, "relative_strength": 27.701817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.763531, "energy": 20.880629, "activity_lines": [ 44.215204, 45.218604, 44.200814, 41.720067 ] }, { "date": "2026-04-24", "close": 45.637375, "volume": 41401602, "typical_volume": 58434216.85, "trend": 39.582214, "fair_value": 27.244831, "relative_strength": 23.432427, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.570582, "energy": 17.725805, "activity_lines": [ 44.829534, 45.062446, 44.616095, 42.136119 ] }, { "date": "2026-05-01", "close": 47.605618, "volume": 41916239, "typical_volume": 59669257.25, "trend": 39.843984, "fair_value": 27.329006, "relative_strength": 26.822217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.301927, "energy": 33.543056, "activity_lines": [ 46.063497, 45.365906, 45.155208, 42.653758 ] }, { "date": "2026-05-08", "close": 49.146412, "volume": 43443800, "typical_volume": 60758638.25, "trend": 40.188592, "fair_value": 27.447026, "relative_strength": 27.869354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.800405, "energy": 57.653021, "activity_lines": [ 47.424698, 45.980778, 45.765231, 43.253915 ] }, { "date": "2026-05-15", "close": 51.104713, "volume": 81150278, "typical_volume": 63946425.1, "trend": 40.642215, "fair_value": 27.594027, "relative_strength": 33.196848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.394423, "energy": 72.92907, "activity_lines": [ 48.852833, 46.964899, 46.481002, 43.958181 ] }, { "date": "2026-05-22", "close": 50.220001, "volume": 89563726, "typical_volume": 67229053.45, "trend": 41.190937, "fair_value": 27.740569, "relative_strength": 30.417777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.424201, "energy": 70.495468, "activity_lines": [ 49.587114, 47.738279, 47.016234, 44.576102 ] }, { "date": "2026-05-29", "close": 46.0, "volume": 71164121, "typical_volume": 70176250.75, "trend": 41.481694, "fair_value": 27.861652, "relative_strength": 19.830909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.230113, "energy": 50.34765, "activity_lines": [ 48.672839, 47.689442, 47.064733, 44.886364 ] }, { "date": "2026-06-05", "close": 43.52, "volume": 7893808, "typical_volume": 68374910.95, "trend": 41.778917, "fair_value": 27.955375, "relative_strength": 13.788033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.232878, "energy": 20.963809, "activity_lines": [ 46.907723, 47.173162, 46.810181, 45.017868 ] }, { "date": "2026-06-12", "close": 45.880001, "volume": 14769671, "typical_volume": 66798329.05, "trend": 42.203516, "fair_value": 28.063368, "relative_strength": 18.968782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.355445, "energy": 16.154194, "activity_lines": [ 46.201648, 47.054887, 46.737741, 45.282454 ] }, { "date": "2026-06-19", "close": 49.68, "volume": 49209142, "typical_volume": 62022190.05, "trend": 42.799184, "fair_value": 28.195005, "relative_strength": 25.762377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.321901, "energy": 21.658694, "activity_lines": [ 46.98, 47.527136, 46.975401, 45.764808 ] }, { "date": "2026-06-26", "close": 62.5, "volume": 39608145, "typical_volume": 54136733.3, "trend": 43.89442, "fair_value": 28.407018, "relative_strength": 58.146408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.932093, "energy": 54.347223, "activity_lines": [ 52.126667, 50.247395, 48.397958, 47.035828 ] }, { "date": "2026-07-03", "close": 57.91, "volume": 16009076, "typical_volume": 48101828.5, "trend": 44.748847, "fair_value": 28.591101, "relative_strength": 44.080445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.285419, "energy": 73.570264, "activity_lines": [ 54.924667, 51.843865, 49.359593, 47.940059 ] }, { "date": "2026-07-10", "close": 58.029999, "volume": 92626484, "typical_volume": 49055803.85, "trend": 45.627155, "fair_value": 28.771846, "relative_strength": 44.130087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.436871, "energy": 76.420974, "activity_lines": [ 56.968666, 53.239015, 50.300866, 48.796908 ] }, { "date": "2026-07-17", "close": 39.509998, "volume": 75411661, "typical_volume": 49736863.0, "trend": 45.871231, "fair_value": 28.840407, "relative_strength": 3.597041, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.3367, "energy": 31.09774, "activity_lines": [ 51.871999, 51.077358, 49.436879, 48.402252 ] }, { "date": "2026-07-24", "close": 38.23, "volume": 95672411, "typical_volume": 51646202.2, "trend": 46.116048, "fair_value": 28.895722, "relative_strength": -1.527891, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 4.457075, "energy": 9.609489, "activity_lines": [ 46.773333, 48.858181, 48.500331, 47.90927 ] }, { "date": "2026-07-31", "close": 35.27, "volume": 64718423, "typical_volume": 52913842.05, "trend": 46.211501, "fair_value": 28.927771, "relative_strength": -9.806289, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -32.427744, "energy": 35.277646, "activity_lines": [ 41.451333, 46.334909, 47.330121, 47.209525 ] }, { "date": "2026-08-07", "close": 40.299999, "volume": 60370808, "typical_volume": 51774296.9, "trend": 46.489531, "fair_value": 29.004133, "relative_strength": -0.211897, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.895468, "energy": 38.741452, "activity_lines": [ 39.621333, 44.997999, 46.695758, 46.828137 ] } ], "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." } } }