{ "ticker": { "uuid": "9589b5fa-1a24-4569-ba3f-9deb7aece0fc", "symbol": "001230", "name": "Jinglv Environment Science and Technology Co., Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 44.419, "architecture_energy": 23.008, "architecture_maturity": 33.579, "architecture_confidence": 60.585, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 56.01, "rotation_up": 49.48, "upward_expansion": 63.58, "deceleration": 62.3, "rotation_down": 19.26, "downward_expansion": 13.92 }, "activity_lines": [ 18.266, 17.873761, 17.932173, 17.929833 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 19.780001, "trend_reference": 17.801698, "distance_from_trend": 0.11113, "trend_direction": "Improving", "fair_value": 13.779407, "distance_from_fair_value": 0.435475, "fair_value_direction": "Weakening", "relative_strength": 11.789125, "relative_strength_direction": "Improving", "price_momentum": 0.205597, "excess_performance": 0.198197, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.11113, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040662, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.435475, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.034755, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.117891, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.130632, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.205597, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.265139, "read": "Demand-led" } ], "volume": { "latest": 30226696, "relative_activity": 1.245904, "balance": 1.265139, "dry_up": 1.6335, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.118062, "annualized_volatility": 0.483766, "from_high_reference": -0.052228, "from_low_reference": 0.37322 }, "levels": { "trend_reference": 17.801698, "fair_value_reference": 13.779407, "structural_low": 15.195383, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.123864, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.141045, "regime_survival": 0.4, "best_return": 0.380742, "worst_return": -0.108344, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.158784, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.112624, "regime_survival": 0.0, "best_return": 0.260047, "worst_return": -0.069828, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.152284, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.019083, "regime_survival": 0.333333, "best_return": 0.314699, "worst_return": -0.000716, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.601642, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.529427, "regime_survival": 0.0, "best_return": 0.601642, "worst_return": 0.601642, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": 0.064272, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-01-03", "tenure": "Developing", "return": -0.06, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.115044, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-25", "tenure": "Developing", "return": 0.034738, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.023796, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-09-26", "tenure": "Established", "return": -0.03859, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-12-05", "tenure": "Developing", "return": -0.041164, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": 0.092409, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": -0.010557, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.100405, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.154095, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-05", "tenure": "Developing", "return": -0.06414, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.12404, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 14.028931, "volume": 7461007, "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": 13.933649, "volume": 3873477, "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": 13.675825, "volume": 3230390, "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": 14.303568, "volume": 8164304, "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": 14.146632, "volume": 33243224, "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": 14.056953, "volume": 19232480, "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": 13.541309, "volume": 9128406, "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": 13.468446, "volume": 4294411, "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": 13.518889, "volume": 3728301, "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": 13.563727, "volume": 2744313, "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": 13.317114, "volume": 3351298, "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": 12.818284, "volume": 3825856, "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": 13.126551, "volume": 5876266, "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": 13.300301, "volume": 3810451, "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": 13.412396, "volume": 3519278, "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": 13.507679, "volume": 3399116, "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": 13.524495, "volume": 3314504, "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": 13.787921, "volume": 6016315, "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": 13.457236, "volume": 11597043, "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": 13.32272, "volume": 9087292, "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": 13.120944, "volume": 4585412, "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": 13.148971, "volume": 3687771, "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": 13.339534, "volume": 3747261, "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": 13.412396, "volume": 4122273, "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": 12.599695, "volume": 3968390, "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": 12.050421, "volume": 7676925, "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": 9.987837, "volume": 8612344, "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": 9.158318, "volume": 11057626, "typical_volume": 5386401.75, "trend": 13.22314, "fair_value": 14.560131, "relative_strength": -20.457471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.655042, "energy": 97.000586, "activity_lines": [ 10.700399, 11.73288, 12.476868, 12.811064 ] }, { "date": "2024-02-23", "close": 10.206425, "volume": 9189662, "typical_volume": 5659469.8, "trend": 13.098713, "fair_value": 14.506382, "relative_strength": -13.588138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.255981, "energy": 88.933589, "activity_lines": [ 10.28863, 11.341356, 12.222835, 12.616437 ] }, { "date": "2024-03-01", "close": 10.217633, "volume": 11404678, "typical_volume": 6092488.05, "trend": 12.968493, "fair_value": 14.45408, "relative_strength": -16.563108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.918214, "energy": 87.797219, "activity_lines": [ 10.094328, 11.010975, 11.985643, 12.430561 ] }, { "date": "2024-03-08", "close": 10.01586, "volume": 6458967, "typical_volume": 6247871.5, "trend": 12.834724, "fair_value": 14.400607, "relative_strength": -17.332092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.068064, "energy": 79.787178, "activity_lines": [ 9.991572, 10.700365, 11.745169, 12.240068 ] }, { "date": "2024-03-15", "close": 10.654814, "volume": 6984021, "typical_volume": 6405779.75, "trend": 12.72543, "fair_value": 14.356015, "relative_strength": -14.063691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.443875, "energy": 57.321399, "activity_lines": [ 10.237438, 10.562384, 11.581267, 12.099429 ] }, { "date": "2024-03-22", "close": 10.615579, "volume": 6462025, "typical_volume": 6435067.7, "trend": 12.623422, "fair_value": 14.312009, "relative_strength": -13.707879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.818007, "energy": 49.370409, "activity_lines": [ 10.425761, 10.462618, 11.423931, 11.963309 ] }, { "date": "2024-03-29", "close": 10.615579, "volume": 4762632, "typical_volume": 6482676.75, "trend": 12.500489, "fair_value": 14.269028, "relative_strength": -11.941464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.081674, "energy": 39.875848, "activity_lines": [ 10.516934, 10.412378, 11.278552, 11.833771 ] }, { "date": "2024-04-05", "close": 10.895821, "volume": 5114555, "typical_volume": 6562440.6, "trend": 12.392128, "fair_value": 14.230255, "relative_strength": -10.835251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.93098, "energy": 30.759771, "activity_lines": [ 10.674243, 10.463942, 11.172647, 11.730244 ] }, { "date": "2024-04-12", "close": 10.643603, "volume": 4770733, "typical_volume": 6631021.45, "trend": 12.27835, "fair_value": 14.189498, "relative_strength": -9.808128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.666753, "energy": 28.50076, "activity_lines": [ 10.702267, 10.500629, 11.054705, 11.617436 ] }, { "date": "2024-04-19", "close": 9.629125, "volume": 8142445, "typical_volume": 6872418.5, "trend": 12.147944, "fair_value": 14.138258, "relative_strength": -18.627673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.905511, "energy": 41.120439, "activity_lines": [ 10.350282, 10.378443, 10.853785, 11.446518 ] }, { "date": "2024-04-26", "close": 10.20082, "volume": 5300327, "typical_volume": 6836619.1, "trend": 12.039023, "fair_value": 14.094508, "relative_strength": -15.303227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.33785, "energy": 37.343323, "activity_lines": [ 10.257242, 10.366723, 10.725861, 11.320897 ] }, { "date": "2024-05-03", "close": 10.845378, "volume": 4141103, "typical_volume": 6463822.1, "trend": 11.949906, "fair_value": 14.058804, "relative_strength": -11.042899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.384039, "energy": 34.496204, "activity_lines": [ 10.406705, 10.453242, 10.676405, 11.243888 ] }, { "date": "2024-05-10", "close": 10.918242, "volume": 6199720, "typical_volume": 6319443.5, "trend": 11.861723, "fair_value": 14.024667, "relative_strength": -11.672293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.814781, "energy": 29.441482, "activity_lines": [ 10.565136, 10.541391, 10.646326, 11.177329 ] }, { "date": "2024-05-17", "close": 11.035942, "volume": 4505653, "typical_volume": 6315455.55, "trend": 11.785684, "fair_value": 13.99253, "relative_strength": -10.394707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.48643, "energy": 19.242395, "activity_lines": [ 10.761305, 10.638202, 10.638906, 11.124053 ] }, { "date": "2024-05-24", "close": 10.671627, "volume": 4538107, "typical_volume": 6357972.35, "trend": 11.714129, "fair_value": 13.957201, "relative_strength": -10.573516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.923404, "energy": 18.358596, "activity_lines": [ 10.80988, 10.650227, 10.606718, 11.052178 ] }, { "date": "2024-05-31", "close": 10.694046, "volume": 4882457, "typical_volume": 6414732.15, "trend": 11.633045, "fair_value": 13.922852, "relative_strength": -9.63651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.472777, "energy": 15.998214, "activity_lines": [ 10.796428, 10.666022, 10.588462, 10.986367 ] }, { "date": "2024-06-07", "close": 9.672705, "volume": 8231059, "typical_volume": 6620171.45, "trend": 11.512125, "fair_value": 13.87858, "relative_strength": -17.001065, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.912077, "energy": 34.033429, "activity_lines": [ 10.409648, 10.494693, 10.485533, 10.859893 ] }, { "date": "2024-06-14", "close": 9.823733, "volume": 3222329, "typical_volume": 6582868.4, "trend": 11.392503, "fair_value": 13.836778, "relative_strength": -15.413702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.122513, "energy": 54.552146, "activity_lines": [ 10.151388, 10.367966, 10.414796, 10.750964 ] }, { "date": "2024-06-21", "close": 10.297414, "volume": 14569945, "typical_volume": 6927519.4, "trend": 11.285494, "fair_value": 13.800662, "relative_strength": -9.347277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.657476, "energy": 44.068398, "activity_lines": [ 10.123989, 10.346855, 10.40239, 10.680314 ] }, { "date": "2024-06-28", "close": 9.535405, "volume": 8956332, "typical_volume": 6944718.8, "trend": 11.152525, "fair_value": 13.757578, "relative_strength": -13.824827, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.751474, "energy": 58.21755, "activity_lines": [ 9.891822, 10.193492, 10.32576, 10.567405 ] }, { "date": "2024-07-05", "close": 9.48735, "volume": 5014713, "typical_volume": 6642573.15, "trend": 11.009172, "fair_value": 13.714876, "relative_strength": -12.579143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.202889, "energy": 57.812844, "activity_lines": [ 9.719386, 10.033095, 10.246707, 10.459974 ] }, { "date": "2024-07-12", "close": 9.665839, "volume": 4032560, "typical_volume": 6384718.05, "trend": 10.882793, "fair_value": 13.674786, "relative_strength": -12.320877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.146709, "energy": 42.11708, "activity_lines": [ 9.686891, 9.918123, 10.183086, 10.373307 ] }, { "date": "2024-07-19", "close": 9.514811, "volume": 5414424, "typical_volume": 6085205.35, "trend": 10.755862, "fair_value": 13.634002, "relative_strength": -13.902524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.681597, "energy": 55.184206, "activity_lines": [ 9.604512, 9.797138, 10.107656, 10.28505 ] }, { "date": "2024-07-26", "close": 10.503362, "volume": 20319862, "typical_volume": 6778250.1, "trend": 10.66861, "fair_value": 13.603608, "relative_strength": -1.518427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.585198, "energy": 28.395949, "activity_lines": [ 9.872245, 9.881406, 10.129721, 10.26876 ] }, { "date": "2024-08-02", "close": 10.407253, "volume": 15723229, "typical_volume": 7215210.5, "trend": 10.577219, "fair_value": 13.572874, "relative_strength": -1.785143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.695992, "energy": 13.848966, "activity_lines": [ 10.094212, 9.957883, 10.140311, 10.251898 ] }, { "date": "2024-08-09", "close": 9.919843, "volume": 7098923, "typical_volume": 7247055.4, "trend": 10.463229, "fair_value": 13.538083, "relative_strength": -4.48051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.979723, "energy": 16.761477, "activity_lines": [ 10.095585, 9.950547, 10.105659, 10.209487 ] }, { "date": "2024-08-16", "close": 10.215034, "volume": 23855024, "typical_volume": 8201675.0, "trend": 10.35665, "fair_value": 13.506733, "relative_strength": -1.096412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.749247, "energy": 16.6507, "activity_lines": [ 10.166522, 10.010959, 10.102435, 10.193474 ] }, { "date": "2024-08-23", "close": 9.521676, "volume": 6459655, "typical_volume": 8268930.0, "trend": 10.25405, "fair_value": 13.46949, "relative_strength": -5.768531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.292006, "energy": 17.197909, "activity_lines": [ 9.969728, 9.935444, 10.035083, 10.139605 ] }, { "date": "2024-08-30", "close": 9.947304, "volume": 5520583, "typical_volume": 8306422.5, "trend": 10.183946, "fair_value": 13.436877, "relative_strength": -3.254997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.382717, "energy": 19.76616, "activity_lines": [ 9.914351, 9.942809, 10.014811, 10.119815 ] }, { "date": "2024-09-06", "close": 9.810003, "volume": 3377813, "typical_volume": 8068190.9, "trend": 10.178018, "fair_value": 13.403603, "relative_strength": -1.744282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.33225, "energy": 23.136433, "activity_lines": [ 9.850278, 9.931575, 9.984778, 10.09569 ] }, { "date": "2024-09-13", "close": 9.583461, "volume": 3378116, "typical_volume": 7972080.35, "trend": 10.19219, "fair_value": 13.368874, "relative_strength": -2.023848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.469207, "energy": 38.129746, "activity_lines": [ 9.750508, 9.87416, 9.932309, 10.057331 ] }, { "date": "2024-09-20", "close": 9.542271, "volume": 1997210, "typical_volume": 7864885.7, "trend": 10.170051, "fair_value": 13.3344, "relative_strength": -3.346152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.012539, "energy": 41.286157, "activity_lines": [ 9.659433, 9.807507, 9.878857, 10.015401 ] }, { "date": "2024-09-27", "close": 10.530822, "volume": 6861708, "typical_volume": 7897985.1, "trend": 10.180491, "fair_value": 13.309369, "relative_strength": -9.157563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.89032, "energy": 9.408761, "activity_lines": [ 9.942726, 9.922838, 9.925757, 10.038676 ] }, { "date": "2024-10-04", "close": 11.402671, "volume": 5326683, "typical_volume": 7939036.6, "trend": 10.226718, "fair_value": 13.292495, "relative_strength": -10.771926, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.008155, "energy": 34.098072, "activity_lines": [ 10.449359, 10.178214, 10.057536, 10.117527 ] }, { "date": "2024-10-11", "close": 10.894665, "volume": 13369952, "typical_volume": 8380628.85, "trend": 10.234713, "fair_value": 13.271461, "relative_strength": -10.405389, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.929942, "energy": 37.459298, "activity_lines": [ 10.689632, 10.324875, 10.139187, 10.16062 ] }, { "date": "2024-10-18", "close": 11.423265, "volume": 8234961, "typical_volume": 8548254.05, "trend": 10.261636, "fair_value": 13.25539, "relative_strength": -8.431265, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.395033, "energy": 57.051873, "activity_lines": [ 11.033794, 10.558782, 10.270118, 10.237301 ] }, { "date": "2024-10-25", "close": 11.594889, "volume": 6551636, "typical_volume": 8464282.9, "trend": 10.294279, "fair_value": 13.241076, "relative_strength": -8.990293, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.766042, "energy": 77.343794, "activity_lines": [ 11.312511, 10.796558, 10.413922, 10.323317 ] }, { "date": "2024-11-01", "close": 11.670403, "volume": 16486936, "typical_volume": 9127513.25, "trend": 10.320099, "fair_value": 13.227651, "relative_strength": -6.617511, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.793862, "energy": 74.537602, "activity_lines": [ 11.479558, 11.022977, 10.555765, 10.412099 ] }, { "date": "2024-11-08", "close": 12.144084, "volume": 9016320, "typical_volume": 8849832.0, "trend": 10.370115, "fair_value": 13.218468, "relative_strength": -8.590467, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.914394, "energy": 79.340041, "activity_lines": [ 11.728526, 11.296451, 10.733927, 10.529776 ] }, { "date": "2024-11-15", "close": 11.896946, "volume": 8400163, "typical_volume": 8822023.55, "trend": 10.445709, "fair_value": 13.207363, "relative_strength": -6.654327, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.465042, "energy": 77.434958, "activity_lines": [ 11.845688, 11.48505, 10.879758, 10.628281 ] }, { "date": "2024-11-22", "close": 11.848892, "volume": 6579743, "typical_volume": 8900275.05, "trend": 10.500645, "fair_value": 13.196042, "relative_strength": -3.92789, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.790438, "energy": 67.901661, "activity_lines": [ 11.880013, 11.626967, 11.009767, 10.718809 ] }, { "date": "2024-11-29", "close": 12.322573, "volume": 6937076, "typical_volume": 9045500.85, "trend": 10.549884, "fair_value": 13.188824, "relative_strength": -1.373698, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.714772, "energy": 71.12142, "activity_lines": [ 12.043856, 11.813818, 11.173643, 10.836353 ] }, { "date": "2024-12-06", "close": 12.686415, "volume": 7769007, "typical_volume": 9163230.0, "trend": 10.608823, "fair_value": 13.184706, "relative_strength": 0.245872, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.088163, "energy": 71.426544, "activity_lines": [ 12.280468, 12.016272, 11.359519, 10.974194 ] }, { "date": "2024-12-13", "close": 12.631495, "volume": 10034586, "typical_volume": 8648966.2, "trend": 10.662009, "fair_value": 13.180208, "relative_strength": 0.920908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.763772, "energy": 60.413104, "activity_lines": [ 12.431039, 12.169547, 11.525063, 11.104688 ] }, { "date": "2024-12-20", "close": 12.068569, "volume": 8094320, "typical_volume": 8267520.75, "trend": 10.708573, "fair_value": 13.171243, "relative_strength": -2.515973, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.491604, "energy": 50.405659, "activity_lines": [ 12.361474, 12.19813, 11.62686, 11.195434 ] }, { "date": "2024-12-27", "close": 11.780242, "volume": 7071368, "typical_volume": 8266143.0, "trend": 10.74478, "fair_value": 13.160115, "relative_strength": -4.462063, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.351382, "energy": 42.840689, "activity_lines": [ 12.184358, 12.152946, 11.693286, 11.264574 ] }, { "date": "2025-01-03", "close": 10.970178, "volume": 5759868, "typical_volume": 7361385.2, "trend": 10.788029, "fair_value": 13.142735, "relative_strength": -3.738648, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.141901, "energy": 17.644196, "activity_lines": [ 11.741798, 11.953987, 11.673705, 11.279116 ] }, { "date": "2025-01-10", "close": 10.860341, "volume": 5772899, "typical_volume": 7327047.4, "trend": 10.822583, "fair_value": 13.124763, "relative_strength": -3.144577, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.861062, "energy": 21.305761, "activity_lines": [ 11.352785, 11.746417, 11.640067, 11.283781 ] }, { "date": "2025-01-17", "close": 11.423265, "volume": 5714585, "typical_volume": 7336747.5, "trend": 10.860111, "fair_value": 13.11147, "relative_strength": -1.178704, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.357228, "energy": 25.16126, "activity_lines": [ 11.273152, 11.655924, 11.653666, 11.322535 ] }, { "date": "2025-01-24", "close": 11.642943, "volume": 6883970, "typical_volume": 7512055.35, "trend": 10.930362, "fair_value": 13.100086, "relative_strength": -0.052774, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.355096, "energy": 19.23417, "activity_lines": [ 11.347293, 11.618479, 11.681158, 11.37304 ] }, { "date": "2025-01-31", "close": 11.828297, "volume": 1314628, "typical_volume": 7408880.95, "trend": 11.008394, "fair_value": 13.090303, "relative_strength": 3.274234, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.444726, "energy": 14.44294, "activity_lines": [ 11.511594, 11.619353, 11.717575, 11.430972 ] }, { "date": "2025-02-07", "close": 12.075434, "volume": 4675804, "typical_volume": 7542810.65, "trend": 11.088714, "fair_value": 13.082556, "relative_strength": 1.415326, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.78226, "energy": 26.501974, "activity_lines": [ 11.755071, 11.665535, 11.766839, 11.499813 ] }, { "date": "2025-02-14", "close": 12.109759, "volume": 7140870, "typical_volume": 7556768.75, "trend": 11.175212, "fair_value": 13.075186, "relative_strength": -0.088172, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.825065, "energy": 34.758565, "activity_lines": [ 11.936305, 11.722452, 11.80731, 11.565687 ] }, { "date": "2025-02-21", "close": 12.05484, "volume": 6576793, "typical_volume": 7619274.25, "trend": 11.226928, "fair_value": 13.067515, "relative_strength": -2.682789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.883514, "energy": 41.216826, "activity_lines": [ 12.015938, 11.779868, 11.835031, 11.622437 ] }, { "date": "2025-02-28", "close": 12.384356, "volume": 10387248, "typical_volume": 7470139.05, "trend": 11.292831, "fair_value": 13.062416, "relative_strength": 3.410438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.436231, "energy": 55.403909, "activity_lines": [ 12.163305, 11.90768, 11.891029, 11.69711 ] }, { "date": "2025-03-07", "close": 13.029662, "volume": 20072567, "typical_volume": 8062019.35, "trend": 11.396492, "fair_value": 13.062174, "relative_strength": 6.22623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.116563, "energy": 70.623702, "activity_lines": [ 12.476347, 12.14708, 12.001391, 11.809163 ] }, { "date": "2025-03-14", "close": 13.729887, "volume": 24515289, "typical_volume": 8960202.0, "trend": 11.513654, "fair_value": 13.067083, "relative_strength": 10.296136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.191415, "energy": 80.552198, "activity_lines": [ 12.942706, 12.491076, 12.170792, 11.959705 ] }, { "date": "2025-03-21", "close": 13.86032, "volume": 17819288, "typical_volume": 9026819.6, "trend": 11.658275, "fair_value": 13.072873, "relative_strength": 14.011232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.870221, "energy": 87.230255, "activity_lines": [ 13.342246, 12.808611, 12.342448, 12.111103 ] }, { "date": "2025-03-28", "close": 14.045672, "volume": 23818841, "typical_volume": 9766945.65, "trend": 11.794887, "fair_value": 13.079923, "relative_strength": 16.027268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.245194, "energy": 87.176713, "activity_lines": [ 13.686865, 13.105301, 12.521329, 12.265128 ] }, { "date": "2025-04-04", "close": 13.187555, "volume": 14806947, "typical_volume": 10087284.85, "trend": 11.907472, "fair_value": 13.080697, "relative_strength": 11.232763, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.587563, "energy": 74.971255, "activity_lines": [ 13.612724, 13.198289, 12.609429, 12.354978 ] }, { "date": "2025-04-11", "close": 11.656672, "volume": 18574583, "typical_volume": 10687026.85, "trend": 11.976579, "fair_value": 13.070525, "relative_strength": 3.576273, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.702586, "energy": 25.668779, "activity_lines": [ 12.974742, 12.984852, 12.545585, 12.338797 ] }, { "date": "2025-04-18", "close": 11.876351, "volume": 12700875, "typical_volume": 10975216.8, "trend": 12.054382, "fair_value": 13.062056, "relative_strength": 5.784071, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.746974, "energy": 15.178168, "activity_lines": [ 12.501518, 12.814477, 12.503578, 12.332331 ] }, { "date": "2025-04-25", "close": 12.4736, "volume": 13478234, "typical_volume": 11260678.15, "trend": 12.119141, "fair_value": 13.057912, "relative_strength": 9.257432, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.57886, "energy": 23.47122, "activity_lines": [ 12.350947, 12.756312, 12.520577, 12.359377 ] }, { "date": "2025-05-02", "close": 12.404951, "volume": 6639319, "typical_volume": 11090914.8, "trend": 12.152551, "fair_value": 13.053346, "relative_strength": 8.624322, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.674116, "energy": 23.777257, "activity_lines": [ 12.26994, 12.67905, 12.532051, 12.377817 ] }, { "date": "2025-05-09", "close": 12.830579, "volume": 8914988, "typical_volume": 11131948.2, "trend": 12.217081, "fair_value": 13.051799, "relative_strength": 9.567931, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.852628, "energy": 17.40925, "activity_lines": [ 12.440192, 12.672809, 12.58514, 12.42156 ] }, { "date": "2025-05-16", "close": 12.775659, "volume": 8802523, "typical_volume": 11218505.95, "trend": 12.262161, "fair_value": 13.049894, "relative_strength": 8.320089, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.473438, "energy": 14.603742, "activity_lines": [ 12.615934, 12.64847, 12.62937, 12.457598 ] }, { "date": "2025-05-23", "close": 12.700144, "volume": 10526460, "typical_volume": 11456835.55, "trend": 12.299003, "fair_value": 13.047499, "relative_strength": 7.964312, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.998243, "energy": 16.892473, "activity_lines": [ 12.691906, 12.615019, 12.661668, 12.485855 ] }, { "date": "2025-05-30", "close": 17.128035, "volume": 62030706, "typical_volume": 14269725.9, "trend": 12.480924, "fair_value": 13.075258, "relative_strength": 45.577159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.868631, "energy": 71.242243, "activity_lines": [ 14.188922, 13.405361, 13.107432, 12.797405 ] }, { "date": "2025-06-06", "close": 14.224162, "volume": 76132181, "typical_volume": 17790605.7, "trend": 12.55026, "fair_value": 13.083021, "relative_strength": 18.513616, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.00675, "energy": 62.751405, "activity_lines": [ 14.407685, 13.608314, 13.24679, 12.909872 ] }, { "date": "2025-06-13", "close": 14.292827, "volume": 41534009, "typical_volume": 19523107.65, "trend": 12.630123, "fair_value": 13.09114, "relative_strength": 19.129443, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.247074, "energy": 65.71981, "activity_lines": [ 14.528056, 13.820506, 13.37935, 13.022296 ] }, { "date": "2025-06-20", "close": 13.67958, "volume": 27885553, "typical_volume": 20851653.9, "trend": 12.691145, "fair_value": 13.095063, "relative_strength": 14.921077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.675996, "energy": 60.995676, "activity_lines": [ 14.346527, 13.901103, 13.440888, 13.090003 ] }, { "date": "2025-06-27", "close": 14.16739, "volume": 22277231, "typical_volume": 21731725.25, "trend": 12.752639, "fair_value": 13.102165, "relative_strength": 14.205039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.285811, "energy": 31.098964, "activity_lines": [ 14.267341, 14.033612, 13.540067, 13.185244 ] }, { "date": "2025-07-04", "close": 14.801543, "volume": 21910818, "typical_volume": 22470222.65, "trend": 12.823144, "fair_value": 13.113345, "relative_strength": 17.239839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.981184, "energy": 32.901078, "activity_lines": [ 14.301722, 14.239767, 13.689681, 13.317432 ] }, { "date": "2025-07-11", "close": 15.575069, "volume": 34737689, "typical_volume": 23878267.45, "trend": 12.921263, "fair_value": 13.129434, "relative_strength": 20.50301, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.127958, "energy": 41.710004, "activity_lines": [ 14.749045, 14.544236, 13.900146, 13.494975 ] }, { "date": "2025-07-18", "close": 15.24754, "volume": 33402623, "typical_volume": 25029036.2, "trend": 13.027228, "fair_value": 13.143188, "relative_strength": 15.014286, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.287714, "energy": 47.733003, "activity_lines": [ 14.997131, 14.731517, 14.062654, 13.645058 ] }, { "date": "2025-07-25", "close": 15.331164, "volume": 24498062, "typical_volume": 25250310.95, "trend": 13.145592, "fair_value": 13.157304, "relative_strength": 12.742238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.629551, "energy": 55.413664, "activity_lines": [ 15.209444, 14.890056, 14.219493, 13.793699 ] }, { "date": "2025-08-01", "close": 15.630818, "volume": 30477896, "typical_volume": 25548441.3, "trend": 13.300947, "fair_value": 13.17316, "relative_strength": 16.417343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.56196, "energy": 57.985942, "activity_lines": [ 15.411536, 15.056615, 14.39391, 13.954036 ] }, { "date": "2025-08-08", "close": 16.933968, "volume": 32706536, "typical_volume": 26292803.7, "trend": 13.503401, "fair_value": 13.123168, "relative_strength": 23.90364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.184984, "energy": 60.364877, "activity_lines": [ 15.95045, 15.406825, 14.683385, 14.188424 ] }, { "date": "2025-08-15", "close": 18.550709, "volume": 51947916, "typical_volume": 27699257.45, "trend": 13.740983, "fair_value": 13.113652, "relative_strength": 29.079988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.262636, "energy": 74.820509, "activity_lines": [ 16.886116, 16.054517, 15.112199, 14.514057 ] }, { "date": "2025-08-22", "close": 17.372997, "volume": 34197071, "typical_volume": 28668763.65, "trend": 13.931985, "fair_value": 13.103143, "relative_strength": 15.131537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.382474, "energy": 66.102342, "activity_lines": [ 17.230835, 16.409414, 15.407397, 14.74838 ] }, { "date": "2025-08-29", "close": 17.191811, "volume": 31102666, "typical_volume": 29295167.8, "trend": 14.110768, "fair_value": 13.100168, "relative_strength": 8.899441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.268722, "energy": 75.384931, "activity_lines": [ 17.373462, 16.675365, 15.665409, 14.958692 ] }, { "date": "2025-09-05", "close": 16.460096, "volume": 17829527, "typical_volume": 29551600.4, "trend": 14.256924, "fair_value": 13.09293, "relative_strength": 4.975231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.973265, "energy": 67.432287, "activity_lines": [ 17.14814, 16.744419, 15.827376, 15.110261 ] }, { "date": "2025-09-12", "close": 16.592501, "volume": 12915068, "typical_volume": 29523442.1, "trend": 14.406349, "fair_value": 13.090675, "relative_strength": 2.955808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.298045, "energy": 42.730532, "activity_lines": [ 16.911668, 16.795861, 15.980125, 15.260944 ] }, { "date": "2025-09-19", "close": 17.177874, "volume": 25550765, "typical_volume": 30469014.4, "trend": 14.577116, "fair_value": 13.09709, "relative_strength": 5.176531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.562611, "energy": 35.880584, "activity_lines": [ 16.893085, 16.921171, 16.16901, 15.439752 ] }, { "date": "2025-09-26", "close": 16.467064, "volume": 27399109, "typical_volume": 31393220.45, "trend": 14.713207, "fair_value": 13.102119, "relative_strength": -0.444354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.818686, "energy": 26.290238, "activity_lines": [ 16.729088, 16.888101, 16.267471, 15.561684 ] }, { "date": "2025-10-03", "close": 16.132566, "volume": 6288884, "typical_volume": 31267538.5, "trend": 14.816637, "fair_value": 13.103223, "relative_strength": -4.916338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.845732, "energy": 21.996579, "activity_lines": [ 16.513987, 16.772041, 16.316759, 15.653255 ] }, { "date": "2025-10-10", "close": 15.993193, "volume": 5508921, "typical_volume": 31016661.55, "trend": 14.89208, "fair_value": 13.10714, "relative_strength": -4.69771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.888208, "energy": 17.811306, "activity_lines": [ 16.323045, 16.616068, 16.336788, 15.729162 ] }, { "date": "2025-10-17", "close": 15.275414, "volume": 10000743, "typical_volume": 28415163.4, "trend": 14.93925, "fair_value": 13.096798, "relative_strength": -4.341665, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.982707, "energy": 16.069727, "activity_lines": [ 15.923969, 16.323002, 16.272775, 15.753894 ] }, { "date": "2025-10-24", "close": 16.042683, "volume": 10541580, "typical_volume": 25135633.35, "trend": 15.005817, "fair_value": 13.093477, "relative_strength": -4.243352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.334165, "energy": 15.051394, "activity_lines": [ 15.868456, 16.199595, 16.290658, 15.825083 ] }, { "date": "2025-10-31", "close": 16.308777, "volume": 11320978, "typical_volume": 23624981.8, "trend": 15.109858, "fair_value": 13.087122, "relative_strength": -3.454371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.645086, "energy": 12.635636, "activity_lines": [ 15.977321, 16.170169, 16.325223, 15.909145 ] }, { "date": "2025-11-07", "close": 16.609884, "volume": 9701778, "typical_volume": 22715793.05, "trend": 15.274965, "fair_value": 13.091393, "relative_strength": -2.086892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.171226, "energy": 11.781674, "activity_lines": [ 16.197107, 16.214839, 16.378866, 16.005921 ] }, { "date": "2025-11-14", "close": 16.539858, "volume": 8134261, "typical_volume": 22008644.55, "trend": 15.430415, "fair_value": 13.104016, "relative_strength": -1.329467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.170051, "energy": 21.001084, "activity_lines": [ 16.361729, 16.257358, 16.411885, 16.087527 ] }, { "date": "2025-11-21", "close": 15.139362, "volume": 9086275, "typical_volume": 21367417.4, "trend": 15.519274, "fair_value": 13.100286, "relative_strength": -4.905095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.38369, "energy": 5.241402, "activity_lines": [ 16.023075, 16.043791, 16.300227, 16.068749 ] }, { "date": "2025-11-28", "close": 15.727571, "volume": 6944548, "typical_volume": 19977760.35, "trend": 15.630028, "fair_value": 13.102179, "relative_strength": -4.676142, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.253968, "energy": 11.187379, "activity_lines": [ 15.889561, 15.963591, 16.242979, 16.082187 ] }, { "date": "2025-12-05", "close": 15.468479, "volume": 6428985, "typical_volume": 18629078.45, "trend": 15.717958, "fair_value": 13.104407, "relative_strength": -7.414351, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.175495, "energy": 29.124655, "activity_lines": [ 15.690691, 15.862654, 16.16033, 16.071765 ] }, { "date": "2025-12-12", "close": 14.852261, "volume": 6697628, "typical_volume": 17739056.75, "trend": 15.787178, "fair_value": 13.103825, "relative_strength": -11.766014, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.526457, "energy": 48.178795, "activity_lines": [ 15.342434, 15.667832, 16.017942, 16.015914 ] }, { "date": "2025-12-19", "close": 15.265408, "volume": 9805676, "typical_volume": 16705445.75, "trend": 15.872687, "fair_value": 13.103824, "relative_strength": -8.535415, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.912729, "energy": 48.122962, "activity_lines": [ 15.249068, 15.571407, 15.917181, 15.982251 ] }, { "date": "2025-12-26", "close": 15.342435, "volume": 7860351, "typical_volume": 15463136.5, "trend": 15.813167, "fair_value": 13.103427, "relative_strength": -11.237656, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.264905, "energy": 50.060234, "activity_lines": [ 15.266341, 15.502219, 15.825497, 15.948041 ] }, { "date": "2026-01-02", "close": 15.258405, "volume": 4981256, "typical_volume": 13114803.5, "trend": 15.847642, "fair_value": 13.106981, "relative_strength": -11.235549, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.705556, "energy": 46.517065, "activity_lines": [ 15.242066, 15.416534, 15.733388, 15.91225 ] }, { "date": "2026-01-09", "close": 16.224747, "volume": 21430941, "typical_volume": 12476497.0, "trend": 15.912039, "fair_value": 13.121718, "relative_strength": -9.647307, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -0.294782, "energy": 7.180398, "activity_lines": [ 15.571182, 15.520807, 15.748989, 15.936579 ] }, { "date": "2026-01-16", "close": 16.581873, "volume": 27356864, "typical_volume": 12289206.9, "trend": 16.008782, "fair_value": 13.136108, "relative_strength": -8.750047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.617153, "energy": 12.498191, "activity_lines": [ 15.968923, 15.69154, 15.804071, 15.979795 ] }, { "date": "2026-01-23", "close": 16.707918, "volume": 17365531, "typical_volume": 12266007.1, "trend": 16.093466, "fair_value": 13.148597, "relative_strength": -9.101757, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.347875, "energy": 26.647083, "activity_lines": [ 16.293371, 15.8857, 15.874061, 16.0249 ] }, { "date": "2026-01-30", "close": 16.406811, "volume": 15928582, "typical_volume": 12416682.8, "trend": 16.146975, "fair_value": 13.161223, "relative_strength": -9.257726, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.000431, "energy": 27.823655, "activity_lines": [ 16.421283, 16.022057, 15.914194, 16.045116 ] }, { "date": "2026-02-06", "close": 17.296127, "volume": 19852175, "typical_volume": 12131753.3, "trend": 16.204344, "fair_value": 13.177376, "relative_strength": -2.431575, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.40445, "energy": 49.290279, "activity_lines": [ 16.774675, 16.297064, 16.039908, 16.119255 ] }, { "date": "2026-02-13", "close": 18.710629, "volume": 36309462, "typical_volume": 12577270.95, "trend": 16.31978, "fair_value": 13.201955, "relative_strength": 3.785732, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.989146, "energy": 70.732, "activity_lines": [ 17.46372, 16.800733, 16.299773, 16.280951 ] }, { "date": "2026-02-27", "close": 19.032742, "volume": 15581422, "typical_volume": 13041897.85, "trend": 16.443166, "fair_value": 13.225605, "relative_strength": 2.363266, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.526124, "energy": 89.460385, "activity_lines": [ 18.09441, 17.304021, 16.579633, 16.45598 ] }, { "date": "2026-03-06", "close": 19.494905, "volume": 25071784, "typical_volume": 14020041.0, "trend": 16.571969, "fair_value": 13.252182, "relative_strength": 6.900411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.209959, "energy": 92.940758, "activity_lines": [ 18.715763, 17.815329, 16.889697, 16.652867 ] }, { "date": "2026-03-13", "close": 17.408165, "volume": 21612068, "typical_volume": 14600607.25, "trend": 16.587775, "fair_value": 13.264171, "relative_strength": -5.289794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.934564, "energy": 78.647312, "activity_lines": [ 18.455737, 17.87033, 16.984349, 16.706815 ] }, { "date": "2026-03-20", "close": 16.490841, "volume": 16476136, "typical_volume": 14897335.05, "trend": 16.519113, "fair_value": 13.272347, "relative_strength": -7.51328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.848287, "energy": 43.394201, "activity_lines": [ 17.82318, 17.720986, 16.981482, 16.700561 ] }, { "date": "2026-03-27", "close": 16.490841, "volume": 18510097, "typical_volume": 15256791.0, "trend": 16.489708, "fair_value": 13.282411, "relative_strength": -6.664569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.01573, "energy": 18.435408, "activity_lines": [ 17.244308, 17.549234, 16.97648, 16.698737 ] }, { "date": "2026-04-03", "close": 17.422171, "volume": 23151565, "typical_volume": 15929280.35, "trend": 16.497387, "fair_value": 13.298481, "relative_strength": 1.645162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.42365, "energy": 25.421872, "activity_lines": [ 17.123865, 17.541977, 17.059309, 16.758896 ] }, { "date": "2026-04-10", "close": 17.688265, "volume": 14720552, "typical_volume": 16258594.9, "trend": 16.538326, "fair_value": 13.31868, "relative_strength": -3.648892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.161505, "energy": 23.667328, "activity_lines": [ 17.199492, 17.567823, 17.163613, 16.835727 ] }, { "date": "2026-04-17", "close": 19.599943, "volume": 25533489, "typical_volume": 17080955.6, "trend": 16.638574, "fair_value": 13.351882, "relative_strength": 2.431605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.546774, "energy": 38.310549, "activity_lines": [ 18.032787, 17.923421, 17.444512, 17.03325 ] }, { "date": "2026-04-24", "close": 19.214808, "volume": 26648136, "typical_volume": 18066135.0, "trend": 16.706472, "fair_value": 13.381189, "relative_strength": -0.057614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.886678, "energy": 58.206488, "activity_lines": [ 18.591586, 18.150939, 17.667492, 17.199459 ] }, { "date": "2026-05-01", "close": 18.836672, "volume": 12983165, "typical_volume": 18393844.0, "trend": 16.785458, "fair_value": 13.41014, "relative_strength": -3.093208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.143593, "energy": 61.940267, "activity_lines": [ 18.842741, 18.274819, 17.837852, 17.336891 ] }, { "date": "2026-05-08", "close": 19.775005, "volume": 11967631, "typical_volume": 18657344.15, "trend": 16.906873, "fair_value": 13.450272, "relative_strength": -1.274061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.309518, "energy": 72.462046, "activity_lines": [ 19.250286, 18.567013, 18.081538, 17.529765 ] }, { "date": "2026-05-15", "close": 18.220455, "volume": 36829499, "typical_volume": 20008535.3, "trend": 16.981115, "fair_value": 13.480119, "relative_strength": -8.89004, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.812842, "energy": 47.847493, "activity_lines": [ 18.982791, 18.563067, 18.153731, 17.614513 ] }, { "date": "2026-05-22", "close": 17.863327, "volume": 25624563, "typical_volume": 20896745.9, "trend": 17.067379, "fair_value": 13.506572, "relative_strength": -10.735006, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.240961, "energy": 29.750681, "activity_lines": [ 18.560775, 18.517359, 18.177839, 17.671429 ] }, { "date": "2026-05-29", "close": 17.205093, "volume": 21837839, "typical_volume": 21739575.05, "trend": 17.106126, "fair_value": 13.528627, "relative_strength": -13.709481, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.003872, "energy": 12.766103, "activity_lines": [ 18.035121, 18.343698, 18.127254, 17.680314 ] }, { "date": "2026-06-05", "close": 17.98237, "volume": 17865112, "typical_volume": 21561283.6, "trend": 17.161912, "fair_value": 13.55374, "relative_strength": -7.53895, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.7519, "energy": 18.877219, "activity_lines": [ 17.902541, 18.298373, 18.141426, 17.736846 ] }, { "date": "2026-06-12", "close": 17.597235, "volume": 19308606, "typical_volume": 21158870.7, "trend": 17.194824, "fair_value": 13.576527, "relative_strength": -7.084451, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.956769, "energy": 17.852907, "activity_lines": [ 17.698536, 18.155904, 18.110549, 17.764931 ] }, { "date": "2026-06-19", "close": 18.360001, "volume": 22982187, "typical_volume": 21439703.5, "trend": 17.255495, "fair_value": 13.605166, "relative_strength": -9.14299, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.245213, "energy": 15.828397, "activity_lines": [ 17.893971, 18.148938, 18.14748, 17.840104 ] }, { "date": "2026-06-26", "close": 16.389999, "volume": 4521512, "typical_volume": 20869350.0, "trend": 17.297183, "fair_value": 13.62392, "relative_strength": -17.199539, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.646408, "energy": 11.085506, "activity_lines": [ 17.423436, 17.771575, 17.988926, 17.784266 ] }, { "date": "2026-07-03", "close": 16.59, "volume": 4120606, "typical_volume": 20082771.55, "trend": 17.325931, "fair_value": 13.642282, "relative_strength": -14.802883, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.45503, "energy": 26.550563, "activity_lines": [ 17.117789, 17.48894, 17.849499, 17.738641 ] }, { "date": "2026-07-10", "close": 17.6, "volume": 40092086, "typical_volume": 20271902.75, "trend": 17.396982, "fair_value": 13.668802, "relative_strength": -5.961316, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.784083, "energy": 16.039723, "activity_lines": [ 17.189816, 17.437664, 17.809626, 17.756323 ] }, { "date": "2026-07-17", "close": 19.129999, "volume": 46360073, "typical_volume": 21810835.3, "trend": 17.539573, "fair_value": 13.70337, "relative_strength": 12.30963, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.370949, "energy": 17.346361, "activity_lines": [ 17.797333, 17.687055, 17.920755, 17.86813 ] }, { "date": "2026-07-24", "close": 16.57, "volume": 47145430, "typical_volume": 22914517.6, "trend": 17.583059, "fair_value": 13.721096, "relative_strength": -2.906877, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.93397, "energy": 11.528032, "activity_lines": [ 17.449333, 17.482719, 17.787612, 17.805577 ] }, { "date": "2026-07-31", "close": 17.379999, "volume": 34788188, "typical_volume": 23573323.6, "trend": 17.650978, "fair_value": 13.743152, "relative_strength": 3.456537, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.840522, "energy": 4.805111, "activity_lines": [ 17.490666, 17.455664, 17.745539, 17.792477 ] }, { "date": "2026-08-07", "close": 19.780001, "volume": 30226696, "typical_volume": 24260851.6, "trend": 17.801698, "fair_value": 13.779407, "relative_strength": 11.789125, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.418588, "energy": 23.00774, "activity_lines": [ 18.266, 17.873761, 17.932173, 17.929833 ] } ], "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." } } }