{ "ticker": { "uuid": "9dc477c8-41af-4aa4-9333-ec1e4c307cb9", "symbol": "002937", "name": "Ningbo Sunrise Elc 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 71.991, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "up", "architecture_direction": -4.469, "architecture_energy": 28.566, "architecture_maturity": 36.972, "architecture_confidence": 77.551, "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": 48.76, "rotation_up": 16.69, "upward_expansion": 45.39, "deceleration": 85.16, "rotation_down": 50.57, "downward_expansion": 37.06 }, "activity_lines": [ 31.355334, 35.660363, 35.705955, 33.934739 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 30.1, "trend_reference": 31.261489, "distance_from_trend": -0.037154, "trend_direction": "Improving", "fair_value": 21.554229, "distance_from_fair_value": 0.396478, "fair_value_direction": "Weakening", "relative_strength": 12.899667, "relative_strength_direction": "Weakening", "price_momentum": 0.263138, "excess_performance": 0.255739, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.037154, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.2259, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.396478, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.317262, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.128997, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.229875, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.263138, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.883745, "read": "Supply-led" } ], "volume": { "latest": 44446868, "relative_activity": 1.117625, "balance": 0.883745, "dry_up": 1.261859, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.17286, "annualized_volatility": 0.658879, "from_high_reference": -0.349892, "from_low_reference": 0.826037 }, "levels": { "trend_reference": 31.261489, "fair_value_reference": 21.554229, "structural_low": 22.050027, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.015869, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.030087, "regime_survival": 0.25, "best_return": 0.202894, "worst_return": -0.170538, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.221948, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.182017, "regime_survival": 0.0, "best_return": 0.64791, "worst_return": 0.161003, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.211415, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.35976, "regime_survival": 0.333333, "best_return": 0.276481, "worst_return": -0.063836, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.275112, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.470638, "regime_survival": 0.0, "best_return": 0.546348, "worst_return": 0.003876, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-02-09", "end": "2024-03-08", "tenure": "New", "return": 0.196141, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-15", "end": "2024-08-02", "tenure": "Established", "return": -0.168809, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2024-12-06", "tenure": "Established", "return": -0.016648, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-10", "tenure": "Developing", "return": -0.113029, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.100421, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": 0.09651, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.334859, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.057197, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-08-08", "tenure": "Developing", "return": 0.14125, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-10-03", "tenure": "Developing", "return": -0.049739, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": -0.072889, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": 0.061159, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-07-24", "tenure": "Extended", "return": 0.64834, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.16396, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 24.968695, "volume": 12988583, "typical_volume": 16412250.3, "trend": 23.742694, "fair_value": 16.769319, "relative_strength": 13.596795, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.14861, "energy": 49.188495, "activity_lines": [ 24.739163, 24.130682, 23.226273, 23.390062 ] }, { "date": "2023-08-04", "close": 23.728844, "volume": 10380955, "typical_volume": 16355555.2, "trend": 23.819621, "fair_value": 16.834466, "relative_strength": 5.95901, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.72646, "energy": 30.483625, "activity_lines": [ 24.475298, 24.150046, 23.297287, 23.389169 ] }, { "date": "2023-08-11", "close": 23.232903, "volume": 5543515, "typical_volume": 15788875.95, "trend": 23.815707, "fair_value": 16.893368, "relative_strength": 7.520668, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 2.858859, "energy": 9.513407, "activity_lines": [ 24.028315, 24.051552, 23.321652, 23.351316 ] }, { "date": "2023-08-18", "close": 22.43177, "volume": 5381553, "typical_volume": 15338415.0, "trend": 23.67286, "fair_value": 16.94283, "relative_strength": 6.864864, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.609862, "energy": 9.901346, "activity_lines": [ 23.399489, 23.798033, 23.276808, 23.26203 ] }, { "date": "2023-08-25", "close": 21.411278, "volume": 5417933, "typical_volume": 14822503.55, "trend": 23.506085, "fair_value": 16.988169, "relative_strength": 4.890312, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.107431, "energy": 32.616618, "activity_lines": [ 22.593904, 23.360184, 23.143833, 23.116121 ] }, { "date": "2023-09-01", "close": 21.439884, "volume": 12528123, "typical_volume": 14646525.7, "trend": 23.305586, "fair_value": 17.036697, "relative_strength": 1.319301, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.192084, "energy": 38.480125, "activity_lines": [ 22.022299, 22.957188, 23.023311, 22.982818 ] }, { "date": "2023-09-08", "close": 21.144232, "volume": 11724321, "typical_volume": 14279563.6, "trend": 23.111625, "fair_value": 17.08333, "relative_strength": 1.363463, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.966366, "energy": 53.520328, "activity_lines": [ 21.587398, 22.53165, 22.87927, 22.843376 ] }, { "date": "2023-09-15", "close": 20.180964, "volume": 12500312, "typical_volume": 12780373.3, "trend": 22.917395, "fair_value": 17.124614, "relative_strength": -2.295014, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.792046, "energy": 66.933529, "activity_lines": [ 21.003715, 21.973111, 22.645618, 22.654301 ] }, { "date": "2023-09-22", "close": 19.913916, "volume": 7455788, "typical_volume": 12423584.2, "trend": 22.728765, "fair_value": 17.159529, "relative_strength": -4.249188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.445275, "energy": 67.246308, "activity_lines": [ 20.534479, 21.444743, 22.392844, 22.460528 ] }, { "date": "2023-09-29", "close": 20.314486, "volume": 7368343, "typical_volume": 11638318.3, "trend": 22.587533, "fair_value": 17.205442, "relative_strength": -2.009777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.209164, "energy": 65.514317, "activity_lines": [ 20.366622, 21.079551, 22.17819, 22.304768 ] }, { "date": "2023-10-13", "close": 20.419397, "volume": 9637492, "typical_volume": 11358550.6, "trend": 22.462724, "fair_value": 17.252145, "relative_strength": -1.469586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.540822, "energy": 63.30601, "activity_lines": [ 20.306856, 20.814587, 21.972222, 22.164888 ] }, { "date": "2023-10-20", "close": 18.58823, "volume": 9155148, "typical_volume": 11094436.9, "trend": 22.287279, "fair_value": 17.292122, "relative_strength": -5.884064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.754336, "energy": 70.583732, "activity_lines": [ 19.704733, 20.299399, 21.597572, 21.914921 ] }, { "date": "2023-10-27", "close": 19.770857, "volume": 11707540, "typical_volume": 11093866.65, "trend": 22.122252, "fair_value": 17.33909, "relative_strength": -1.856451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.221685, "energy": 53.601266, "activity_lines": [ 19.667219, 20.092699, 21.352781, 21.752571 ] }, { "date": "2023-11-03", "close": 20.133274, "volume": 9311469, "typical_volume": 11054744.3, "trend": 21.982231, "fair_value": 17.386435, "relative_strength": -0.778629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.592125, "energy": 48.843766, "activity_lines": [ 19.777851, 20.014839, 21.156539, 21.62425 ] }, { "date": "2023-11-10", "close": 20.457544, "volume": 13154569, "typical_volume": 11232583.55, "trend": 21.882337, "fair_value": 17.436508, "relative_strength": -0.24082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.739504, "energy": 41.008854, "activity_lines": [ 19.98195, 20.037729, 21.002443, 21.525883 ] }, { "date": "2023-11-17", "close": 22.097963, "volume": 27734522, "typical_volume": 12264695.95, "trend": 21.871801, "fair_value": 17.496271, "relative_strength": 7.866112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.838845, "energy": 16.147042, "activity_lines": [ 20.723317, 20.376217, 21.016885, 21.539794 ] }, { "date": "2023-11-24", "close": 21.239605, "volume": 18269054, "typical_volume": 11860815.05, "trend": 21.860079, "fair_value": 17.553125, "relative_strength": 5.031557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.912212, "energy": 21.079864, "activity_lines": [ 21.066661, 20.546675, 20.95462, 21.499008 ] }, { "date": "2023-12-01", "close": 23.967278, "volume": 38325574, "typical_volume": 12582544.55, "trend": 21.942117, "fair_value": 17.624045, "relative_strength": 19.402596, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.325249, "energy": 30.813374, "activity_lines": [ 22.142471, 21.211339, 21.162716, 21.634956 ] }, { "date": "2023-12-08", "close": 23.356888, "volume": 17934852, "typical_volume": 12862522.0, "trend": 22.057085, "fair_value": 17.690168, "relative_strength": 17.865172, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.775172, "energy": 35.943949, "activity_lines": [ 22.735056, 21.696182, 21.315267, 21.726231 ] }, { "date": "2023-12-15", "close": 22.641588, "volume": 13711255, "typical_volume": 13011545.05, "trend": 22.143797, "fair_value": 17.749996, "relative_strength": 15.734519, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.411881, "energy": 39.581287, "activity_lines": [ 22.8743, 21.98837, 21.406961, 21.763941 ] }, { "date": "2023-12-22", "close": 25.140368, "volume": 33377763, "typical_volume": 14031004.05, "trend": 22.261155, "fair_value": 17.827552, "relative_strength": 29.714915, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.648036, "energy": 62.0347, "activity_lines": [ 23.700868, 22.692571, 21.746808, 21.957268 ] }, { "date": "2023-12-29", "close": 24.854248, "volume": 16064950, "typical_volume": 14315203.8, "trend": 22.34943, "fair_value": 17.903274, "relative_strength": 23.257391, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.040916, "energy": 60.684557, "activity_lines": [ 24.229235, 23.258914, 22.058587, 22.124565 ] }, { "date": "2024-01-05", "close": 23.571325, "volume": 15224067, "typical_volume": 14799231.4, "trend": 22.377878, "fair_value": 17.976077, "relative_strength": 21.255021, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.53632, "energy": 45.085257, "activity_lines": [ 24.088986, 23.478071, 22.242825, 22.203397 ] }, { "date": "2024-01-12", "close": 22.834122, "volume": 10054810, "typical_volume": 15032894.25, "trend": 22.389064, "fair_value": 18.044332, "relative_strength": 18.398022, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.268504, "energy": 32.28314, "activity_lines": [ 23.729399, 23.494092, 22.355241, 22.232832 ] }, { "date": "2024-01-19", "close": 21.589493, "volume": 9407879, "typical_volume": 15232391.55, "trend": 22.340642, "fair_value": 18.108854, "relative_strength": 14.197399, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 2.470335, "energy": 8.956639, "activity_lines": [ 22.989786, 23.23471, 22.347204, 22.181247 ] }, { "date": "2024-01-26", "close": 20.182108, "volume": 12920444, "typical_volume": 15252007.6, "trend": 22.241492, "fair_value": 18.163941, "relative_strength": 7.053336, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -23.172886, "energy": 23.715103, "activity_lines": [ 21.851185, 22.69886, 22.204283, 22.041986 ] }, { "date": "2024-02-02", "close": 17.472651, "volume": 12552138, "typical_volume": 15293398.45, "trend": 22.041854, "fair_value": 18.20048, "relative_strength": 0.842607, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -69.73646, "energy": 50.957733, "activity_lines": [ 20.139982, 21.705214, 21.809307, 21.734319 ] }, { "date": "2024-02-09", "close": 17.865187, "volume": 18313397, "typical_volume": 15584052.7, "trend": 21.82033, "fair_value": 18.238652, "relative_strength": -5.619514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.677113, "energy": 66.081074, "activity_lines": [ 19.051731, 20.851428, 21.4692, 21.464857 ] }, { "date": "2024-02-23", "close": 20.277849, "volume": 14953568, "typical_volume": 15958941.7, "trend": 21.66683, "fair_value": 18.295001, "relative_strength": 4.201778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.501509, "energy": 63.307037, "activity_lines": [ 19.14811, 20.547256, 21.369897, 21.365342 ] }, { "date": "2024-03-01", "close": 21.216106, "volume": 13222014, "typical_volume": 16251625.25, "trend": 21.548102, "fair_value": 18.356717, "relative_strength": 4.774569, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.2589, "energy": 51.215045, "activity_lines": [ 19.72766, 20.469658, 21.35822, 21.336263 ] }, { "date": "2024-03-08", "close": 21.369291, "volume": 10367242, "typical_volume": 16288112.75, "trend": 21.428122, "fair_value": 18.426312, "relative_strength": 6.165182, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.20783, "energy": 25.123573, "activity_lines": [ 20.383163, 20.44583, 21.356837, 21.324727 ] }, { "date": "2024-03-15", "close": 21.455456, "volume": 12553013, "typical_volume": 16458006.0, "trend": 21.352342, "fair_value": 18.495221, "relative_strength": 3.741922, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.569643, "energy": 9.372887, "activity_lines": [ 20.988243, 20.506233, 21.359138, 21.32649 ] }, { "date": "2024-03-22", "close": 21.761826, "volume": 9845787, "typical_volume": 16364918.35, "trend": 21.303306, "fair_value": 18.56297, "relative_strength": 5.588294, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.133068, "energy": 18.072769, "activity_lines": [ 21.429926, 20.684136, 21.376963, 21.352909 ] }, { "date": "2024-03-29", "close": 21.263975, "volume": 7930825, "typical_volume": 16295886.15, "trend": 21.26438, "fair_value": 18.628942, "relative_strength": 4.842779, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.752876, "energy": 13.151146, "activity_lines": [ 21.445882, 20.804421, 21.337894, 21.350371 ] }, { "date": "2024-04-05", "close": 20.268276, "volume": 5875993, "typical_volume": 15931957.35, "trend": 21.22628, "fair_value": 18.682046, "relative_strength": -1.572147, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.344465, "energy": 7.60274, "activity_lines": [ 21.064197, 20.772218, 21.198611, 21.286106 ] }, { "date": "2024-04-12", "close": 19.176834, "volume": 8411934, "typical_volume": 14965827.95, "trend": 21.150845, "fair_value": 18.731632, "relative_strength": -3.680591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -30.398997, "energy": 19.304152, "activity_lines": [ 20.381887, 20.565593, 20.956283, 21.153884 ] }, { "date": "2024-04-19", "close": 19.253426, "volume": 23104507, "typical_volume": 15207600.6, "trend": 21.087818, "fair_value": 18.780766, "relative_strength": -3.928288, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.114209, "energy": 46.145593, "activity_lines": [ 19.871271, 20.391171, 20.735159, 21.03147 ] }, { "date": "2024-04-26", "close": 20.957605, "volume": 19600715, "typical_volume": 14271357.65, "trend": 21.113706, "fair_value": 18.836934, "relative_strength": 2.250355, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.640769, "energy": 37.752213, "activity_lines": [ 20.075517, 20.494222, 20.685796, 21.023069 ] }, { "date": "2024-05-03", "close": 21.091644, "volume": 5797956, "typical_volume": 13664512.85, "trend": 21.152963, "fair_value": 18.895375, "relative_strength": 1.299062, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.776157, "energy": 29.540056, "activity_lines": [ 20.378057, 20.565419, 20.663531, 21.021646 ] }, { "date": "2024-05-10", "close": 21.589493, "volume": 12885026, "typical_volume": 13623201.4, "trend": 21.195464, "fair_value": 18.956359, "relative_strength": 1.864157, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.559305, "energy": 7.307835, "activity_lines": [ 20.858036, 20.712337, 20.699467, 21.049809 ] }, { "date": "2024-05-17", "close": 21.101219, "volume": 7956286, "typical_volume": 12352127.55, "trend": 21.218191, "fair_value": 19.012916, "relative_strength": -0.560723, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.83903, "energy": 14.642488, "activity_lines": [ 21.087176, 20.763689, 20.69391, 21.043729 ] }, { "date": "2024-05-24", "close": 20.019348, "volume": 9981702, "typical_volume": 12047965.15, "trend": 21.265895, "fair_value": 19.062479, "relative_strength": -3.066412, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.739603, "energy": 15.621315, "activity_lines": [ 20.827399, 20.623211, 20.604552, 20.966384 ] }, { "date": "2024-05-31", "close": 20.756552, "volume": 9895983, "typical_volume": 11781560.95, "trend": 21.298751, "fair_value": 19.115644, "relative_strength": 0.912499, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.394741, "energy": 9.437074, "activity_lines": [ 20.762296, 20.642881, 20.608427, 20.933523 ] }, { "date": "2024-06-07", "close": 19.436275, "volume": 10941685, "typical_volume": 11825904.7, "trend": 21.275518, "fair_value": 19.16196, "relative_strength": -4.450511, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.699977, "energy": 37.195586, "activity_lines": [ 20.270504, 20.440779, 20.499965, 20.813363 ] }, { "date": "2024-06-14", "close": 21.981153, "volume": 12263771, "typical_volume": 11968699.3, "trend": 21.326305, "fair_value": 19.225783, "relative_strength": 7.807698, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.238293, "energy": 5.029035, "activity_lines": [ 20.737362, 20.734613, 20.650053, 20.858888 ] }, { "date": "2024-06-21", "close": 21.728609, "volume": 56378000, "typical_volume": 14141577.1, "trend": 21.313993, "fair_value": 19.29229, "relative_strength": 8.476371, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.662677, "energy": 6.255983, "activity_lines": [ 21.093929, 20.951386, 20.774224, 20.884843 ] }, { "date": "2024-06-28", "close": 22.641657, "volume": 45471396, "typical_volume": 15787540.0, "trend": 21.360728, "fair_value": 19.363276, "relative_strength": 15.273136, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.004412, "energy": 32.748597, "activity_lines": [ 21.713019, 21.287773, 20.977988, 20.970499 ] }, { "date": "2024-07-05", "close": 21.281799, "volume": 31745197, "typical_volume": 16459130.0, "trend": 21.271212, "fair_value": 19.416044, "relative_strength": 9.921547, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.739196, "energy": 25.564841, "activity_lines": [ 21.704002, 21.315308, 21.027627, 20.965407 ] }, { "date": "2024-07-12", "close": 22.525099, "volume": 34421987, "typical_volume": 17432550.95, "trend": 21.243486, "fair_value": 19.480307, "relative_strength": 13.850801, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.834825, "energy": 41.557845, "activity_lines": [ 22.074402, 21.563003, 21.179406, 21.046303 ] }, { "date": "2024-07-19", "close": 20.145342, "volume": 27637505, "typical_volume": 18153325.5, "trend": 21.160278, "fair_value": 19.523818, "relative_strength": 1.250318, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.338865, "energy": 12.119007, "activity_lines": [ 21.445628, 21.351953, 21.09384, 20.975455 ] }, { "date": "2024-07-26", "close": 18.290106, "volume": 20626589, "typical_volume": 18666292.85, "trend": 20.931936, "fair_value": 19.559201, "relative_strength": -4.704557, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.406354, "energy": 29.705522, "activity_lines": [ 20.32083, 20.829844, 20.836684, 20.790282 ] }, { "date": "2024-08-02", "close": 17.833584, "volume": 22638681, "typical_volume": 19170576.25, "trend": 20.697914, "fair_value": 19.593331, "relative_strength": -6.44234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.274048, "energy": 53.829025, "activity_lines": [ 19.273091, 20.275842, 20.550713, 20.590389 ] }, { "date": "2024-08-09", "close": 17.50333, "volume": 12043752, "typical_volume": 19280474.5, "trend": 20.495647, "fair_value": 19.620802, "relative_strength": -6.293522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.210504, "energy": 68.096203, "activity_lines": [ 18.435806, 19.701535, 20.250535, 20.384286 ] }, { "date": "2024-08-16", "close": 17.037096, "volume": 12229594, "typical_volume": 19495412.95, "trend": 20.302413, "fair_value": 19.645643, "relative_strength": -8.254443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.659644, "energy": 76.561504, "activity_lines": [ 17.695007, 19.101608, 19.926233, 20.161154 ] }, { "date": "2024-08-23", "close": 16.697128, "volume": 10844664, "typical_volume": 19743846.5, "trend": 20.139334, "fair_value": 19.668783, "relative_strength": -8.15318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.438383, "energy": 78.498906, "activity_lines": [ 17.206753, 18.48349, 19.589682, 19.928555 ] }, { "date": "2024-08-30", "close": 17.50333, "volume": 12405095, "typical_volume": 19943504.55, "trend": 20.050042, "fair_value": 19.690817, "relative_strength": -5.599955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.912156, "energy": 71.330192, "activity_lines": [ 17.217113, 18.108027, 19.346916, 19.75849 ] }, { "date": "2024-09-06", "close": 16.93996, "volume": 14455617, "typical_volume": 19511060.05, "trend": 20.032285, "fair_value": 19.710494, "relative_strength": -6.16758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.587966, "energy": 66.010757, "activity_lines": [ 17.092135, 17.706957, 19.058466, 19.55784 ] }, { "date": "2024-09-13", "close": 15.784081, "volume": 12525548, "typical_volume": 19157301.7, "trend": 19.962915, "fair_value": 19.725092, "relative_strength": -10.902404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.11077, "energy": 70.764873, "activity_lines": [ 16.641439, 17.199394, 18.670948, 19.283762 ] }, { "date": "2024-09-20", "close": 15.589814, "volume": 8704631, "typical_volume": 19302635.45, "trend": 19.806647, "fair_value": 19.738625, "relative_strength": -12.902124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.903964, "energy": 74.462468, "activity_lines": [ 16.240604, 16.756468, 18.289565, 19.001627 ] }, { "date": "2024-09-27", "close": 17.493618, "volume": 24226735, "typical_volume": 19869720.9, "trend": 19.682564, "fair_value": 19.766691, "relative_strength": -16.945648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.970542, "energy": 56.04379, "activity_lines": [ 16.570856, 16.785784, 18.115695, 18.852399 ] }, { "date": "2024-10-04", "close": 19.135162, "volume": 8876679, "typical_volume": 19915740.55, "trend": 19.608093, "fair_value": 19.815319, "relative_strength": -17.809001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.753648, "energy": 32.6398, "activity_lines": [ 17.39519, 17.161777, 18.117667, 18.817083 ] }, { "date": "2024-10-11", "close": 17.483904, "volume": 28441324, "typical_volume": 20838721.65, "trend": 19.475708, "fair_value": 19.851569, "relative_strength": -21.214513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.433044, "energy": 23.556425, "activity_lines": [ 17.560315, 17.222175, 17.971739, 18.680038 ] }, { "date": "2024-10-18", "close": 16.561142, "volume": 48201692, "typical_volume": 22754007.1, "trend": 19.302352, "fair_value": 19.884234, "relative_strength": -27.239852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.033945, "energy": 26.311254, "activity_lines": [ 17.381591, 17.121157, 17.750002, 18.492002 ] }, { "date": "2024-10-25", "close": 17.82387, "volume": 75614245, "typical_volume": 25987635.1, "trend": 19.187682, "fair_value": 19.924157, "relative_strength": -23.448519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.711333, "energy": 21.342709, "activity_lines": [ 17.571971, 17.266857, 17.668503, 18.396616 ] }, { "date": "2024-11-01", "close": 16.347452, "volume": 49691172, "typical_volume": 27859005.15, "trend": 19.056988, "fair_value": 19.956886, "relative_strength": -28.39707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.467607, "energy": 35.265497, "activity_lines": [ 17.121276, 17.129811, 17.454071, 18.213375 ] }, { "date": "2024-11-08", "close": 17.687881, "volume": 59471795, "typical_volume": 28013694.9, "trend": 19.007356, "fair_value": 19.997252, "relative_strength": -27.133461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.582685, "energy": 28.561124, "activity_lines": [ 17.193801, 17.242838, 17.394126, 18.125046 ] }, { "date": "2024-11-15", "close": 17.415911, "volume": 49186363, "typical_volume": 28199443.25, "trend": 18.946105, "fair_value": 20.033067, "relative_strength": -25.21471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.802114, "energy": 23.723151, "activity_lines": [ 17.272154, 17.303061, 17.32752, 18.022372 ] }, { "date": "2024-11-22", "close": 16.687416, "volume": 28576470, "typical_volume": 28041006.9, "trend": 18.803766, "fair_value": 20.065764, "relative_strength": -25.807736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.827911, "energy": 26.761085, "activity_lines": [ 17.112209, 17.222176, 17.216419, 17.87665 ] }, { "date": "2024-11-29", "close": 16.910822, "volume": 19338931, "typical_volume": 27286854.1, "trend": 18.664405, "fair_value": 20.098998, "relative_strength": -25.665354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.63068, "energy": 21.670731, "activity_lines": [ 17.018315, 17.165486, 17.148472, 17.754524 ] }, { "date": "2024-12-06", "close": 17.211933, "volume": 20077889, "typical_volume": 26908873.3, "trend": 18.518486, "fair_value": 20.11522, "relative_strength": -25.015453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.475477, "energy": 20.599977, "activity_lines": [ 17.08566, 17.139525, 17.135938, 17.660817 ] }, { "date": "2024-12-13", "close": 17.445049, "volume": 39818973, "typical_volume": 27868492.5, "trend": 18.396614, "fair_value": 20.117282, "relative_strength": -22.87539, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.054717, "energy": 15.33158, "activity_lines": [ 17.173079, 17.16107, 17.159573, 17.591563 ] }, { "date": "2024-12-20", "close": 17.561611, "volume": 27629905, "typical_volume": 28118053.7, "trend": 18.31469, "fair_value": 20.115609, "relative_strength": -21.328796, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.361575, "energy": 9.714996, "activity_lines": [ 17.315541, 17.234538, 17.198334, 17.537691 ] }, { "date": "2024-12-27", "close": 17.105087, "volume": 24099419, "typical_volume": 28720837.05, "trend": 18.192974, "fair_value": 20.106946, "relative_strength": -22.674381, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.771056, "energy": 10.019225, "activity_lines": [ 17.296114, 17.223588, 17.194911, 17.459653 ] }, { "date": "2025-01-03", "close": 15.492682, "volume": 19038335, "typical_volume": 29061274.1, "trend": 18.061521, "fair_value": 20.082929, "relative_strength": -23.828082, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.034647, "energy": 31.695938, "activity_lines": [ 16.711375, 16.909585, 17.039822, 17.28544 ] }, { "date": "2025-01-10", "close": 15.473256, "volume": 16940023, "typical_volume": 29366042.05, "trend": 17.844591, "fair_value": 20.067391, "relative_strength": -22.407347, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.615744, "energy": 56.694886, "activity_lines": [ 16.214703, 16.634434, 16.890238, 17.118455 ] }, { "date": "2025-01-17", "close": 16.153185, "volume": 15701287, "typical_volume": 29530851.65, "trend": 17.658744, "fair_value": 20.061888, "relative_strength": -21.204396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.373099, "energy": 58.351225, "activity_lines": [ 16.060585, 16.498801, 16.811237, 17.009332 ] }, { "date": "2025-01-24", "close": 16.454296, "volume": 14459747, "typical_volume": 29531058.15, "trend": 17.452498, "fair_value": 20.044871, "relative_strength": -20.106653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.086194, "energy": 59.925998, "activity_lines": [ 16.092963, 16.44582, 16.767342, 16.931626 ] }, { "date": "2025-01-31", "close": 16.240604, "volume": 2553500, "typical_volume": 29032455.75, "trend": 17.284458, "fair_value": 20.028516, "relative_strength": -19.538606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.628426, "energy": 51.121197, "activity_lines": [ 16.12793, 16.371469, 16.705408, 16.853439 ] }, { "date": "2025-02-07", "close": 17.775303, "volume": 30889000, "typical_volume": 30141674.2, "trend": 17.126132, "fair_value": 20.030423, "relative_strength": -15.030461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.790923, "energy": 8.034414, "activity_lines": [ 16.732096, 16.584278, 16.787462, 16.885107 ] }, { "date": "2025-02-14", "close": 17.814156, "volume": 38426758, "typical_volume": 30851675.35, "trend": 17.048426, "fair_value": 20.01585, "relative_strength": -15.917881, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.427075, "energy": 17.755396, "activity_lines": [ 17.197039, 16.788433, 16.862809, 16.929495 ] }, { "date": "2025-02-21", "close": 19.533407, "volume": 70867075, "typical_volume": 33951195.15, "trend": 17.089869, "fair_value": 20.011281, "relative_strength": -9.426895, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 53.268969, "energy": 48.993379, "activity_lines": [ 18.079005, 17.294231, 17.100369, 17.089817 ] }, { "date": "2025-02-28", "close": 19.533407, "volume": 78656583, "typical_volume": 36461958.1, "trend": 17.14653, "fair_value": 19.999063, "relative_strength": -5.805696, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 75.931903, "energy": 72.603965, "activity_lines": [ 18.735623, 17.762058, 17.336031, 17.247464 ] }, { "date": "2025-03-07", "close": 23.350727, "volume": 59032366, "typical_volume": 37003491.8, "trend": 17.341443, "fair_value": 20.025179, "relative_strength": 10.326416, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.73179, "energy": 91.676446, "activity_lines": [ 20.459407, 18.888092, 17.925489, 17.647735 ] }, { "date": "2025-03-14", "close": 21.553768, "volume": 53702737, "typical_volume": 35907916.4, "trend": 17.491999, "fair_value": 20.034218, "relative_strength": 0.854922, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.668017, "energy": 86.224315, "activity_lines": [ 21.110196, 19.573849, 18.311476, 17.919498 ] }, { "date": "2025-03-21", "close": 20.16477, "volume": 35719774, "typical_volume": 35209346.5, "trend": 17.607587, "fair_value": 20.037162, "relative_strength": -2.704425, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.111197, "energy": 78.761051, "activity_lines": [ 21.046088, 19.89686, 18.547416, 18.091935 ] }, { "date": "2025-03-28", "close": 19.475126, "volume": 16921452, "typical_volume": 33081829.35, "trend": 17.673313, "fair_value": 20.057913, "relative_strength": -4.919733, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.182819, "energy": 61.127874, "activity_lines": [ 20.595392, 20.009181, 18.699498, 18.212421 ] }, { "date": "2025-04-04", "close": 18.358099, "volume": 13632674, "typical_volume": 31304144.9, "trend": 17.720585, "fair_value": 20.079571, "relative_strength": -7.961169, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.102523, "energy": 31.260373, "activity_lines": [ 19.776238, 19.858007, 18.736686, 18.256601 ] }, { "date": "2025-04-11", "close": 15.531535, "volume": 44401138, "typical_volume": 32095378.3, "trend": 17.712166, "fair_value": 20.078926, "relative_strength": -17.514381, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 2.94224, "energy": 16.288528, "activity_lines": [ 18.09325, 19.158297, 18.500191, 18.115372 ] }, { "date": "2025-04-18", "close": 15.39555, "volume": 20820154, "typical_volume": 32169439.45, "trend": 17.705691, "fair_value": 20.083326, "relative_strength": -17.379625, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.803687, "energy": 31.998758, "activity_lines": [ 16.886214, 18.446755, 18.256249, 17.965913 ] }, { "date": "2025-04-25", "close": 15.784081, "volume": 33633346, "typical_volume": 32847212.3, "trend": 17.648706, "fair_value": 20.094458, "relative_strength": -15.922492, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.66991, "energy": 36.597983, "activity_lines": [ 16.219236, 17.849124, 18.056525, 17.841938 ] }, { "date": "2025-05-02", "close": 16.852541, "volume": 24088483, "typical_volume": 32060687.8, "trend": 17.572619, "fair_value": 20.117041, "relative_strength": -9.617811, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.601429, "energy": 33.064672, "activity_lines": [ 16.200457, 17.482668, 17.965359, 17.790573 ] }, { "date": "2025-05-09", "close": 17.755877, "volume": 38706879, "typical_volume": 32614536.5, "trend": 17.581685, "fair_value": 20.146191, "relative_strength": -6.463471, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.82482, "energy": 26.728601, "activity_lines": [ 16.657628, 17.329199, 17.963047, 17.802396 ] }, { "date": "2025-05-16", "close": 17.270214, "volume": 30039497, "typical_volume": 32911540.4, "trend": 17.605321, "fair_value": 20.179697, "relative_strength": -9.048703, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.773182, "energy": 13.897193, "activity_lines": [ 16.993061, 17.119745, 17.913555, 17.782301 ] }, { "date": "2025-05-23", "close": 16.755409, "volume": 26867884, "typical_volume": 33303017.85, "trend": 17.569705, "fair_value": 20.212412, "relative_strength": -10.91677, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.807812, "energy": 6.532495, "activity_lines": [ 17.04098, 16.927246, 17.814249, 17.727468 ] }, { "date": "2025-05-30", "close": 16.127808, "volume": 16127458, "typical_volume": 33262389.6, "trend": 17.562384, "fair_value": 20.238681, "relative_strength": -12.919163, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.216653, "energy": 10.127289, "activity_lines": [ 16.789041, 16.70788, 17.649158, 17.634442 ] }, { "date": "2025-06-06", "close": 16.276133, "volume": 10145486, "typical_volume": 32984599.55, "trend": 17.515325, "fair_value": 20.256262, "relative_strength": -12.897365, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.611168, "energy": 21.592046, "activity_lines": [ 16.563629, 16.588881, 17.495076, 17.551458 ] }, { "date": "2025-06-13", "close": 15.821271, "volume": 20871032, "typical_volume": 33305163.8, "trend": 17.462171, "fair_value": 20.268381, "relative_strength": -14.084599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.112493, "energy": 51.970509, "activity_lines": [ 16.225023, 16.445344, 17.297088, 17.442164 ] }, { "date": "2025-06-20", "close": 15.574063, "volume": 27801939, "typical_volume": 34567585.75, "trend": 17.425059, "fair_value": 20.278369, "relative_strength": -13.670442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.731643, "energy": 59.617235, "activity_lines": [ 15.932988, 16.302985, 17.078571, 17.320351 ] }, { "date": "2025-06-27", "close": 16.23658, "volume": 26809802, "typical_volume": 34363625.85, "trend": 17.402584, "fair_value": 20.279752, "relative_strength": -12.30718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.419358, "energy": 51.962559, "activity_lines": [ 15.974869, 16.280309, 16.926325, 17.243675 ] }, { "date": "2025-07-04", "close": 16.167362, "volume": 17353367, "typical_volume": 33309956.3, "trend": 17.367765, "fair_value": 20.282268, "relative_strength": -12.909617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.021325, "energy": 44.998417, "activity_lines": [ 16.028266, 16.229757, 16.774815, 17.163983 ] }, { "date": "2025-07-11", "close": 16.295908, "volume": 27527996, "typical_volume": 31143002.35, "trend": 17.329461, "fair_value": 20.284273, "relative_strength": -12.785762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.63918, "energy": 39.535943, "activity_lines": [ 16.121875, 16.195609, 16.643388, 17.094831 ] }, { "date": "2025-07-18", "close": 16.829878, "volume": 34228072, "typical_volume": 28921576.8, "trend": 17.305069, "fair_value": 20.277577, "relative_strength": -11.019116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.095514, "energy": 22.052033, "activity_lines": [ 16.392155, 16.268666, 16.578232, 17.0626 ] }, { "date": "2025-07-25", "close": 16.997978, "volume": 21038737, "typical_volume": 27021895.35, "trend": 17.301499, "fair_value": 20.276505, "relative_strength": -11.582674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.317178, "energy": 18.539544, "activity_lines": [ 16.651229, 16.389123, 16.54196, 17.042788 ] }, { "date": "2025-08-01", "close": 16.602448, "volume": 22680510, "typical_volume": 25470784.0, "trend": 17.338491, "fair_value": 20.27605, "relative_strength": -11.684039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.921441, "energy": 19.086471, "activity_lines": [ 16.683531, 16.442616, 16.49827, 16.997688 ] }, { "date": "2025-08-08", "close": 18.056026, "volume": 67583778, "typical_volume": 27063984.2, "trend": 17.424584, "fair_value": 20.283276, "relative_strength": -4.64099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.524944, "energy": 20.32686, "activity_lines": [ 17.175968, 16.763176, 16.616593, 17.04398 ] }, { "date": "2025-08-15", "close": 20.023796, "volume": 112302477, "typical_volume": 31833035.45, "trend": 17.553604, "fair_value": 20.295963, "relative_strength": 1.518601, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.503109, "energy": 59.853769, "activity_lines": [ 18.198417, 17.406455, 16.932365, 17.211671 ] }, { "date": "2025-08-22", "close": 19.104185, "volume": 64109097, "typical_volume": 34356856.6, "trend": 17.641934, "fair_value": 20.275412, "relative_strength": -6.877269, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.190956, "energy": 63.945997, "activity_lines": [ 18.665804, 17.814392, 17.157942, 17.311709 ] }, { "date": "2025-08-29", "close": 18.441668, "volume": 44421462, "typical_volume": 34357872.8, "trend": 17.715302, "fair_value": 20.257526, "relative_strength": -13.222539, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.048192, "energy": 59.653661, "activity_lines": [ 18.760731, 18.042182, 17.316869, 17.363304 ] }, { "date": "2025-09-05", "close": 18.945971, "volume": 39162575, "typical_volume": 35274993.85, "trend": 17.754325, "fair_value": 20.243661, "relative_strength": -9.500218, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.493427, "energy": 62.328002, "activity_lines": [ 18.927513, 18.309525, 17.509967, 17.442702 ] }, { "date": "2025-09-12", "close": 18.758093, "volume": 32393647, "typical_volume": 35213008.9, "trend": 17.785789, "fair_value": 20.231562, "relative_strength": -12.176336, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.919752, "energy": 36.175962, "activity_lines": [ 18.875435, 18.493447, 17.668266, 17.507462 ] }, { "date": "2025-09-19", "close": 18.698765, "volume": 25490349, "typical_volume": 35283102.2, "trend": 17.757968, "fair_value": 20.218598, "relative_strength": -12.930258, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.255807, "energy": 29.711047, "activity_lines": [ 18.756775, 18.619478, 17.806752, 17.566363 ] }, { "date": "2025-09-26", "close": 18.758093, "volume": 23057758, "typical_volume": 34500646.15, "trend": 17.732124, "fair_value": 20.217957, "relative_strength": -13.142045, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.517894, "energy": 27.573938, "activity_lines": [ 18.746228, 18.712608, 17.942097, 17.630888 ] }, { "date": "2025-10-03", "close": 19.02784, "volume": 9176400, "typical_volume": 33457491.3, "trend": 17.588028, "fair_value": 20.219409, "relative_strength": -13.543668, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.873834, "energy": 36.260662, "activity_lines": [ 18.848668, 18.819724, 18.098359, 17.714482 ] }, { "date": "2025-10-10", "close": 18.95825, "volume": 18602683, "typical_volume": 33044231.25, "trend": 17.501511, "fair_value": 20.223689, "relative_strength": -12.426889, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.14901, "energy": 34.652601, "activity_lines": [ 18.888834, 18.87728, 18.239625, 17.802884 ] }, { "date": "2025-10-17", "close": 17.576397, "volume": 21583134, "typical_volume": 33317015.05, "trend": 17.415232, "fair_value": 20.221475, "relative_strength": -14.328317, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.268335, "energy": 19.589307, "activity_lines": [ 18.467564, 18.640758, 18.238795, 17.807715 ] }, { "date": "2025-10-24", "close": 18.530769, "volume": 15125999, "typical_volume": 33566040.7, "trend": 17.383753, "fair_value": 20.225318, "relative_strength": -13.463925, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.34489, "energy": 17.957915, "activity_lines": [ 18.443197, 18.586479, 18.32196, 17.879685 ] }, { "date": "2025-10-31", "close": 18.24247, "volume": 20695977, "typical_volume": 33557287.95, "trend": 17.379899, "fair_value": 20.190696, "relative_strength": -15.17477, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.182731, "energy": 16.647443, "activity_lines": [ 18.33393, 18.506927, 18.366932, 17.935086 ] }, { "date": "2025-11-07", "close": 18.331944, "volume": 13178699, "typical_volume": 32826125.95, "trend": 17.473246, "fair_value": 20.156041, "relative_strength": -14.70163, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.902505, "energy": 17.352796, "activity_lines": [ 18.288863, 18.459311, 18.408896, 17.996508 ] }, { "date": "2025-11-14", "close": 17.954168, "volume": 10599780, "typical_volume": 32015624.85, "trend": 17.558533, "fair_value": 20.120177, "relative_strength": -15.004042, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.87251, "energy": 10.0208, "activity_lines": [ 18.164264, 18.345004, 18.401748, 18.027536 ] }, { "date": "2025-11-21", "close": 18.829012, "volume": 28672759, "typical_volume": 32581594.45, "trend": 17.660031, "fair_value": 20.073553, "relative_strength": -5.933005, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.161809, "energy": 13.612651, "activity_lines": [ 18.398218, 18.407792, 18.469739, 18.109502 ] }, { "date": "2025-11-28", "close": 19.664091, "volume": 53892162, "typical_volume": 33899802.75, "trend": 17.753749, "fair_value": 20.054288, "relative_strength": -5.045129, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.752327, "energy": 40.646566, "activity_lines": [ 18.827024, 18.621123, 18.604588, 18.238796 ] }, { "date": "2025-12-05", "close": 19.892742, "volume": 41253289, "typical_volume": 34251063.6, "trend": 17.824978, "fair_value": 20.041521, "relative_strength": -5.042462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.310097, "energy": 57.377752, "activity_lines": [ 19.256493, 18.858475, 18.745173, 18.376796 ] }, { "date": "2025-12-12", "close": 21.632486, "volume": 45043727, "typical_volume": 35451313.1, "trend": 17.970387, "fair_value": 20.042816, "relative_strength": 2.396382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.241647, "energy": 81.100095, "activity_lines": [ 20.155858, 19.391515, 19.036864, 18.622442 ] }, { "date": "2025-12-19", "close": 20.866999, "volume": 35268958, "typical_volume": 36080735.5, "trend": 18.10744, "fair_value": 20.041507, "relative_strength": -0.265129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.101791, "energy": 78.247407, "activity_lines": [ 20.580024, 19.738018, 19.233582, 18.80932 ] }, { "date": "2025-12-26", "close": 22.914927, "volume": 36766887, "typical_volume": 34539890.95, "trend": 18.333677, "fair_value": 20.053812, "relative_strength": 5.688121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.163453, "energy": 89.939069, "activity_lines": [ 21.492644, 20.422167, 19.605033, 19.11948 ] }, { "date": "2026-01-02", "close": 23.461704, "volume": 33618199, "typical_volume": 30605677.05, "trend": 18.573196, "fair_value": 20.072834, "relative_strength": 8.619074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.251189, "energy": 90.1196, "activity_lines": [ 22.315129, 21.108665, 20.005421, 19.450321 ] }, { "date": "2026-01-09", "close": 23.978659, "volume": 35536144, "typical_volume": 29177029.4, "trend": 18.845109, "fair_value": 20.10196, "relative_strength": 6.181799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.566015, "energy": 90.467965, "activity_lines": [ 23.056758, 21.799503, 20.438671, 19.79906 ] }, { "date": "2026-01-16", "close": 23.451763, "volume": 35408950, "typical_volume": 28726403.8, "trend": 19.107699, "fair_value": 20.114978, "relative_strength": 2.613611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.278409, "energy": 84.663293, "activity_lines": [ 23.350361, 22.290246, 20.798529, 20.096264 ] }, { "date": "2026-01-23", "close": 24.266958, "volume": 77427047, "typical_volume": 30639627.4, "trend": 19.375378, "fair_value": 20.120854, "relative_strength": 4.911103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.625203, "energy": 71.892347, "activity_lines": [ 23.79441, 22.836119, 21.212168, 20.429119 ] }, { "date": "2026-01-30", "close": 23.829536, "volume": 44850553, "typical_volume": 31262472.7, "trend": 19.630784, "fair_value": 20.102343, "relative_strength": 4.616938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.246262, "energy": 57.856751, "activity_lines": [ 23.865988, 23.187683, 21.558808, 20.716484 ] }, { "date": "2026-02-06", "close": 23.720182, "volume": 55140107, "typical_volume": 32744960.6, "trend": 19.87826, "fair_value": 20.085072, "relative_strength": 6.345212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.251615, "energy": 49.444712, "activity_lines": [ 23.840141, 23.428446, 21.870885, 20.980316 ] }, { "date": "2026-02-13", "close": 25.380396, "volume": 57502565, "typical_volume": 34467200.95, "trend": 20.163277, "fair_value": 20.071774, "relative_strength": 12.035453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.008568, "energy": 53.066568, "activity_lines": [ 24.350466, 23.897319, 22.317166, 21.335293 ] }, { "date": "2026-02-27", "close": 25.688578, "volume": 34420606, "typical_volume": 35729411.25, "trend": 20.452964, "fair_value": 20.063604, "relative_strength": 10.31304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.637144, "energy": 52.338543, "activity_lines": [ 24.87007, 24.322449, 22.761262, 21.691764 ] }, { "date": "2026-03-06", "close": 28.382696, "volume": 49968593, "typical_volume": 37297706.75, "trend": 20.845639, "fair_value": 20.078827, "relative_strength": 24.41435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.321496, "energy": 62.062439, "activity_lines": [ 26.138592, 25.163672, 23.430223, 22.203359 ] }, { "date": "2026-03-13", "close": 26.821898, "volume": 49877316, "typical_volume": 38712415.85, "trend": 21.137835, "fair_value": 20.086834, "relative_strength": 17.067168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.176019, "energy": 64.301396, "activity_lines": [ 26.612465, 25.584465, 23.905659, 22.588925 ] }, { "date": "2026-03-20", "close": 24.525434, "volume": 32727309, "typical_volume": 39592481.35, "trend": 21.287889, "fair_value": 20.086668, "relative_strength": 10.502198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.897332, "energy": 49.261919, "activity_lines": [ 26.12136, 25.516682, 24.118358, 22.807479 ] }, { "date": "2026-03-27", "close": 24.316664, "volume": 26444752, "typical_volume": 39879920.1, "trend": 21.461638, "fair_value": 20.087648, "relative_strength": 10.563065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.066043, "energy": 40.41056, "activity_lines": [ 25.506981, 25.391601, 24.282627, 23.002884 ] }, { "date": "2026-04-03", "close": 26.921312, "volume": 36895815, "typical_volume": 41065775.9, "trend": 21.744293, "fair_value": 20.107326, "relative_strength": 25.868356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.668804, "energy": 37.394519, "activity_lines": [ 25.831734, 25.733947, 24.666034, 23.355121 ] }, { "date": "2026-04-10", "close": 30.420685, "volume": 33517519, "typical_volume": 42211662.85, "trend": 22.126784, "fair_value": 20.143858, "relative_strength": 32.158464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.001849, "energy": 48.892619, "activity_lines": [ 27.240762, 26.64946, 25.341813, 23.914888 ] }, { "date": "2026-04-17", "close": 31.45459, "volume": 34653878, "typical_volume": 42510718.8, "trend": 22.55, "fair_value": 20.189504, "relative_strength": 30.529822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.370551, "energy": 66.443663, "activity_lines": [ 28.858559, 27.641069, 26.056694, 24.516682 ] }, { "date": "2026-04-24", "close": 33.204277, "volume": 38163019, "typical_volume": 41724261.65, "trend": 23.033517, "fair_value": 20.252003, "relative_strength": 36.234938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.254576, "energy": 86.329899, "activity_lines": [ 30.750739, 28.812166, 26.87809, 25.204055 ] }, { "date": "2026-05-01", "close": 33.353397, "volume": 28924114, "typical_volume": 41107802.9, "trend": 23.520027, "fair_value": 20.322127, "relative_strength": 34.355959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.234524, "energy": 89.223932, "activity_lines": [ 32.114036, 29.837938, 27.649212, 25.869854 ] }, { "date": "2026-05-08", "close": 34.973846, "volume": 33411398, "typical_volume": 40526186.45, "trend": 24.051561, "fair_value": 20.407913, "relative_strength": 35.887123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.649783, "energy": 91.183457, "activity_lines": [ 33.415034, 31.013373, 28.510563, 26.60881 ] }, { "date": "2026-05-15", "close": 33.591991, "volume": 54022725, "typical_volume": 41463874.8, "trend": 24.539352, "fair_value": 20.485387, "relative_strength": 29.926031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.169323, "energy": 84.761327, "activity_lines": [ 33.718578, 31.768738, 29.176779, 27.224321 ] }, { "date": "2026-05-22", "close": 33.621815, "volume": 75628868, "typical_volume": 43406973.85, "trend": 25.0742, "fair_value": 20.573297, "relative_strength": 29.056083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.7099, "energy": 66.021925, "activity_lines": [ 33.820643, 32.434812, 29.78524, 27.810287 ] }, { "date": "2026-05-29", "close": 31.33, "volume": 49345603, "typical_volume": 44193344.05, "trend": 25.500841, "fair_value": 20.645667, "relative_strength": 19.936009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.61025, "energy": 51.223392, "activity_lines": [ 33.014288, 32.560557, 30.124447, 28.213887 ] }, { "date": "2026-06-05", "close": 34.66, "volume": 8763253, "typical_volume": 42854699.5, "trend": 26.048092, "fair_value": 20.729259, "relative_strength": 33.931239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.143301, "energy": 50.59639, "activity_lines": [ 33.442885, 33.168038, 30.74333, 28.8048 ] }, { "date": "2026-06-12", "close": 37.599998, "volume": 19770197, "typical_volume": 42072761.85, "trend": 26.69036, "fair_value": 20.827938, "relative_strength": 47.171034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.223009, "energy": 57.014609, "activity_lines": [ 34.764374, 34.122003, 31.591349, 29.550084 ] }, { "date": "2026-06-19", "close": 42.599998, "volume": 84519750, "typical_volume": 42427397.0, "trend": 27.511888, "fair_value": 20.955388, "relative_strength": 53.745282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.719961, "energy": 66.88193, "activity_lines": [ 37.577453, 35.7909, 32.848185, 30.576513 ] }, { "date": "2026-06-26", "close": 45.419998, "volume": 18193849, "typical_volume": 41094561.8, "trend": 28.398254, "fair_value": 21.10232, "relative_strength": 64.091359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.82233, "energy": 93.249745, "activity_lines": [ 40.729998, 37.751084, 34.286293, 31.731875 ] }, { "date": "2026-07-03", "close": 45.669998, "volume": 12978039, "typical_volume": 38986458.4, "trend": 29.265118, "fair_value": 21.247371, "relative_strength": 64.489077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.646154, "energy": 92.877462, "activity_lines": [ 43.179331, 39.502805, 35.645399, 32.846181 ] }, { "date": "2026-07-10", "close": 41.799999, "volume": 39416081, "typical_volume": 38082134.2, "trend": 29.995359, "fair_value": 21.36688, "relative_strength": 53.99975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.849797, "energy": 87.050365, "activity_lines": [ 43.382665, 40.32424, 36.53141, 33.654883 ] }, { "date": "2026-07-17", "close": 38.110001, "volume": 35898238, "typical_volume": 38156015.8, "trend": 30.54461, "fair_value": 21.460778, "relative_strength": 52.091266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.734135, "energy": 61.226264, "activity_lines": [ 41.879999, 40.321192, 36.987805, 34.178408 ] }, { "date": "2026-07-24", "close": 32.790001, "volume": 57681047, "typical_volume": 38541638.5, "trend": 30.942043, "fair_value": 21.513849, "relative_strength": 29.077446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.623288, "energy": 30.017761, "activity_lines": [ 38.57, 39.293851, 36.878383, 34.323272 ] }, { "date": "2026-07-31", "close": 25.860001, "volume": 62705367, "typical_volume": 39183041.05, "trend": 31.040212, "fair_value": 21.520113, "relative_strength": 2.854915, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -4.369535, "energy": 21.757458, "activity_lines": [ 33.604001, 37.021091, 36.087974, 33.995398 ] }, { "date": "2026-08-07", "close": 30.1, "volume": 44446868, "typical_volume": 39769019.0, "trend": 31.261489, "fair_value": 21.554229, "relative_strength": 12.899667, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -4.46928, "energy": 28.565841, "activity_lines": [ 31.355334, 35.660363, 35.705955, 33.934739 ] } ], "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." } } }