{ "ticker": { "uuid": "9e4b4550-9087-4087-a126-2b1f2af3eec7", "symbol": "300316", "name": "Zhejiang Jingsheng Mechanical & Electrical 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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 76.178, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "down", "architecture_direction": -60.374, "architecture_energy": 64.865, "architecture_maturity": 12.58, "architecture_confidence": 70.851, "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": 33.02, "rotation_up": 8.27, "upward_expansion": 12.85, "deceleration": 38.53, "rotation_down": 72.66, "downward_expansion": 86.19 }, "activity_lines": [ 40.173999, 43.943818, 46.214409, 46.560851 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 41.799999, "trend_reference": 46.821675, "distance_from_trend": -0.107251, "trend_direction": "Improving", "fair_value": 36.880545, "distance_from_fair_value": 0.133389, "fair_value_direction": "Weakening", "relative_strength": -4.016671, "relative_strength_direction": "Weakening", "price_momentum": -0.058612, "excess_performance": -0.066012, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.107251, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.071995, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.133389, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.062503, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.040167, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.054163, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.058612, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.360357, "read": "Demand-led" } ], "volume": { "latest": 71862433, "relative_activity": 0.556814, "balance": 1.360357, "dry_up": 0.764036, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.164942, "annualized_volatility": 0.720192, "from_high_reference": -0.364028, "from_low_reference": 0.509203 }, "levels": { "trend_reference": 46.821675, "fair_value_reference": 36.880545, "structural_low": 35.5, "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": 1, "median_return": 0.071609, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.115561, "regime_survival": 0.0, "best_return": 0.071609, "worst_return": 0.071609, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.148273, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": 0.066139, "regime_survival": 0.0, "best_return": -0.148273, "worst_return": -0.148273, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.236717, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.362354, "regime_survival": 0.0, "best_return": 0.236717, "worst_return": 0.236717, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.161857, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.30817, "regime_survival": 0.0, "best_return": 0.161857, "worst_return": 0.161857, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-02-10", "end": "2023-08-04", "tenure": "Established", "return": -0.096158, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-08-11", "end": "2024-09-27", "tenure": "Extended", "return": -0.538443, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": 0.052794, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": -0.001723, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2025-04-18", "tenure": "Established", "return": -0.128659, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-08-01", "tenure": "Established", "return": 0.043135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": 0.084342, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": 0.28008, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.114572, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2026-01-23", "tenure": "Developing", "return": 0.311757, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": 0.027403, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-22", "tenure": "Developing", "return": 0.271248, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-07-24", "tenure": "Developing", "return": -0.232389, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.082902, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 59.351429, "volume": 33026142, "typical_volume": 29823298.0, "trend": 64.351364, "fair_value": 52.950694, "relative_strength": -7.610616, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -33.242432, "energy": 43.496966, "activity_lines": [ 62.258869, 63.554719, 64.616508, 64.582203 ] }, { "date": "2023-08-04", "close": 59.274464, "volume": 22392387, "typical_volume": 29528489.1, "trend": 64.301765, "fair_value": 53.186585, "relative_strength": -8.841773, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.859052, "energy": 66.453887, "activity_lines": [ 60.793284, 62.604173, 64.106537, 64.254661 ] }, { "date": "2023-08-11", "close": 57.48497, "volume": 17264831, "typical_volume": 28895968.1, "trend": 64.160014, "fair_value": 53.412524, "relative_strength": -7.969608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.110699, "energy": 76.801837, "activity_lines": [ 59.327056, 61.510012, 63.434634, 63.814868 ] }, { "date": "2023-08-18", "close": 53.848267, "volume": 28115626, "typical_volume": 28837702.95, "trend": 63.845415, "fair_value": 53.606884, "relative_strength": -10.773999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.484738, "energy": 85.884145, "activity_lines": [ 57.120018, 59.896672, 62.425749, 63.149594 ] }, { "date": "2023-08-25", "close": 53.636604, "volume": 29221085, "typical_volume": 28425071.35, "trend": 63.499862, "fair_value": 53.802683, "relative_strength": -8.273935, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.560641, "energy": 87.584348, "activity_lines": [ 55.595424, 58.398958, 61.437505, 62.490961 ] }, { "date": "2023-09-01", "close": 53.684708, "volume": 36761783, "typical_volume": 28250002.9, "trend": 63.077839, "fair_value": 53.993016, "relative_strength": -10.753871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.283091, "energy": 86.226671, "activity_lines": [ 54.583944, 57.132496, 60.514543, 61.857725 ] }, { "date": "2023-09-08", "close": 50.625256, "volume": 26534264, "typical_volume": 27267548.9, "trend": 62.579328, "fair_value": 54.173098, "relative_strength": -14.013963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.268733, "energy": 91.978421, "activity_lines": [ 52.930429, 55.49554, 59.371464, 61.054332 ] }, { "date": "2023-09-15", "close": 49.066669, "volume": 30073625, "typical_volume": 26718582.65, "trend": 62.090685, "fair_value": 54.324101, "relative_strength": -15.18611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.871915, "energy": 92.124993, "activity_lines": [ 51.333998, 53.89497, 58.146066, 60.182548 ] }, { "date": "2023-09-22", "close": 47.036655, "volume": 29440383, "typical_volume": 27642233.75, "trend": 61.500915, "fair_value": 54.469629, "relative_strength": -18.432451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.251174, "energy": 92.195513, "activity_lines": [ 49.622116, 52.206936, 56.805151, 59.21132 ] }, { "date": "2023-09-29", "close": 45.90139, "volume": 27155077, "typical_volume": 27693113.65, "trend": 60.974956, "fair_value": 54.586908, "relative_strength": -19.385488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.075984, "energy": 93.389246, "activity_lines": [ 47.98592, 50.641701, 55.437227, 58.204899 ] }, { "date": "2023-10-13", "close": 44.660286, "volume": 28365063, "typical_volume": 27399665.35, "trend": 60.260086, "fair_value": 54.677567, "relative_strength": -20.775558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.864746, "energy": 93.147003, "activity_lines": [ 46.451703, 49.127018, 54.046134, 57.15234 ] }, { "date": "2023-10-20", "close": 42.062641, "volume": 28110101, "typical_volume": 27049345.25, "trend": 59.626882, "fair_value": 54.765983, "relative_strength": -21.067118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.713696, "energy": 94.897037, "activity_lines": [ 44.653233, 47.407148, 52.527129, 55.978311 ] }, { "date": "2023-10-27", "close": 41.620079, "volume": 52072048, "typical_volume": 28166192.05, "trend": 59.03246, "fair_value": 54.846576, "relative_strength": -23.070899, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.568656, "energy": 93.19267, "activity_lines": [ 43.278083, 45.919754, 51.095537, 54.816582 ] }, { "date": "2023-11-03", "close": 41.22562, "volume": 45342343, "typical_volume": 28874371.2, "trend": 58.326105, "fair_value": 54.916617, "relative_strength": -23.932775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.124774, "energy": 89.868642, "activity_lines": [ 42.267887, 44.649093, 49.739125, 53.667754 ] }, { "date": "2023-11-10", "close": 44.631424, "volume": 70627316, "typical_volume": 30699569.5, "trend": 57.601032, "fair_value": 55.013171, "relative_strength": -18.001862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.908663, "energy": 67.329723, "activity_lines": [ 42.78036, 44.227172, 48.807545, 52.784226 ] }, { "date": "2023-11-17", "close": 43.2845, "volume": 37930522, "typical_volume": 31827477.15, "trend": 56.755539, "fair_value": 55.118051, "relative_strength": -19.834935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.747184, "energy": 64.976759, "activity_lines": [ 42.928524, 43.724086, 47.848844, 51.860579 ] }, { "date": "2023-11-24", "close": 40.9851, "volume": 36983940, "typical_volume": 32120239.1, "trend": 55.971379, "fair_value": 55.204787, "relative_strength": -22.465581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.781962, "energy": 67.281262, "activity_lines": [ 42.401939, 42.992022, 46.769331, 50.843131 ] }, { "date": "2023-12-01", "close": 41.139034, "volume": 57232686, "typical_volume": 33976546.8, "trend": 55.162397, "fair_value": 55.285701, "relative_strength": -20.787948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.796981, "energy": 63.73668, "activity_lines": [ 41.998503, 42.463221, 45.834132, 49.886205 ] }, { "date": "2023-12-08", "close": 38.733803, "volume": 61306079, "typical_volume": 36117721.85, "trend": 54.317853, "fair_value": 55.354298, "relative_strength": -23.624007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.757298, "energy": 69.629379, "activity_lines": [ 40.825392, 41.641245, 44.781375, 48.826296 ] }, { "date": "2023-12-15", "close": 39.590069, "volume": 49821442, "typical_volume": 37388837.15, "trend": 53.442261, "fair_value": 55.431787, "relative_strength": -20.183156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.860361, "energy": 66.461206, "activity_lines": [ 40.103824, 41.125914, 43.935926, 47.876117 ] }, { "date": "2023-12-22", "close": 40.157703, "volume": 48216589, "typical_volume": 38148359.5, "trend": 52.455797, "fair_value": 55.516502, "relative_strength": -17.137918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.088209, "energy": 63.951507, "activity_lines": [ 39.907558, 40.828541, 43.246931, 47.019048 ] }, { "date": "2023-12-29", "close": 42.418613, "volume": 61726063, "typical_volume": 40115043.3, "trend": 51.560731, "fair_value": 55.607017, "relative_strength": -14.81529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.02566, "energy": 56.947769, "activity_lines": [ 40.673382, 41.024108, 42.86466, 46.371488 ] }, { "date": "2024-01-05", "close": 38.108448, "volume": 39935487, "typical_volume": 41248576.1, "trend": 50.654441, "fair_value": 55.674158, "relative_strength": -19.713133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.422127, "energy": 57.547381, "activity_lines": [ 39.906916, 40.429536, 42.152162, 45.503599 ] }, { "date": "2024-01-12", "close": 38.204655, "volume": 64862102, "typical_volume": 43085899.9, "trend": 49.850453, "fair_value": 55.723618, "relative_strength": -18.051049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.264291, "energy": 53.580377, "activity_lines": [ 39.374559, 39.916304, 41.541097, 44.700387 ] }, { "date": "2024-01-19", "close": 37.848682, "volume": 56816985, "typical_volume": 44465694.9, "trend": 48.916262, "fair_value": 55.761677, "relative_strength": -16.533363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.559134, "energy": 53.076431, "activity_lines": [ 38.75882, 39.393276, 40.970622, 43.926079 ] }, { "date": "2024-01-26", "close": 35.578144, "volume": 77692826, "typical_volume": 46512247.05, "trend": 47.972129, "fair_value": 55.806884, "relative_strength": -20.908503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.496347, "energy": 61.405259, "activity_lines": [ 37.502328, 38.580745, 40.259087, 43.065555 ] }, { "date": "2024-02-02", "close": 30.546406, "volume": 71564772, "typical_volume": 48763772.45, "trend": 46.7166, "fair_value": 55.793818, "relative_strength": -25.706856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.863595, "energy": 80.589748, "activity_lines": [ 34.873894, 36.993469, 39.15456, 41.941315 ] }, { "date": "2024-02-09", "close": 32.99012, "volume": 76754068, "typical_volume": 51097794.6, "trend": 45.664392, "fair_value": 55.785231, "relative_strength": -26.230436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.648566, "energy": 80.329257, "activity_lines": [ 33.851512, 36.040299, 38.378381, 41.055736 ] }, { "date": "2024-02-23", "close": 33.884869, "volume": 64281871, "typical_volume": 52839869.0, "trend": 44.622447, "fair_value": 55.728884, "relative_strength": -25.819013, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.386102, "energy": 76.22115, "activity_lines": [ 33.468601, 35.397973, 37.763972, 40.295766 ] }, { "date": "2024-03-01", "close": 35.52042, "volume": 84803078, "typical_volume": 55722269.05, "trend": 43.770034, "fair_value": 55.712565, "relative_strength": -24.768519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.712877, "energy": 57.170242, "activity_lines": [ 33.918859, 35.141182, 37.367957, 39.708539 ] }, { "date": "2024-03-08", "close": 35.42421, "volume": 66942519, "typical_volume": 57651141.85, "trend": 42.97246, "fair_value": 55.694779, "relative_strength": -23.946269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.792059, "energy": 46.826985, "activity_lines": [ 34.492266, 34.940891, 37.012212, 39.170099 ] }, { "date": "2024-03-15", "close": 36.318954, "volume": 88733338, "typical_volume": 60682303.7, "trend": 42.207277, "fair_value": 55.674157, "relative_strength": -23.580557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.712917, "energy": 32.32439, "activity_lines": [ 35.374182, 34.989346, 36.785662, 38.74084 ] }, { "date": "2024-03-22", "close": 34.250462, "volume": 67532029, "typical_volume": 61455302.75, "trend": 41.432793, "fair_value": 55.637782, "relative_strength": -26.953248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.623933, "energy": 29.910484, "activity_lines": [ 35.181764, 34.772613, 36.389464, 38.227497 ] }, { "date": "2024-03-29", "close": 32.970879, "volume": 43394460, "typical_volume": 61357908.6, "trend": 40.73688, "fair_value": 55.621838, "relative_strength": -27.910964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.320301, "energy": 35.164427, "activity_lines": [ 34.478796, 34.393374, 35.906494, 37.681567 ] }, { "date": "2024-04-05", "close": 33.192158, "volume": 27693521, "typical_volume": 59211218.85, "trend": 40.055399, "fair_value": 55.620807, "relative_strength": -28.057153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.262838, "energy": 41.809063, "activity_lines": [ 33.910521, 34.149528, 35.483907, 37.194811 ] }, { "date": "2024-04-12", "close": 30.382851, "volume": 49462668, "typical_volume": 59787826.15, "trend": 39.27867, "fair_value": 55.613684, "relative_strength": -31.332701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.981554, "energy": 65.672345, "activity_lines": [ 32.561027, 33.479562, 34.848239, 36.570776 ] }, { "date": "2024-04-19", "close": 29.911427, "volume": 72319707, "typical_volume": 61554614.5, "trend": 38.588209, "fair_value": 55.609495, "relative_strength": -32.138958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.984363, "energy": 77.044927, "activity_lines": [ 31.390482, 32.818343, 34.22911, 35.966437 ] }, { "date": "2024-04-26", "close": 32.422485, "volume": 83212490, "typical_volume": 62853604.7, "trend": 38.033403, "fair_value": 55.618546, "relative_strength": -27.170439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.521911, "energy": 64.476163, "activity_lines": [ 31.484125, 32.625224, 33.901862, 35.568649 ] }, { "date": "2024-05-03", "close": 32.634144, "volume": 51863853, "typical_volume": 62381493.4, "trend": 37.553319, "fair_value": 55.615884, "relative_strength": -26.971345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.932497, "energy": 52.604951, "activity_lines": [ 31.770187, 32.48091, 33.636278, 35.22031 ] }, { "date": "2024-05-10", "close": 31.546984, "volume": 90581472, "typical_volume": 64419494.9, "trend": 37.074839, "fair_value": 55.617986, "relative_strength": -29.717017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.376284, "energy": 45.301745, "activity_lines": [ 31.71631, 32.161671, 33.296202, 34.832804 ] }, { "date": "2024-05-17", "close": 31.893337, "volume": 94323945, "typical_volume": 66724862.7, "trend": 36.649274, "fair_value": 55.619146, "relative_strength": -28.052112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.540708, "energy": 37.054413, "activity_lines": [ 31.887563, 31.97765, 33.027412, 34.498514 ] }, { "date": "2024-05-24", "close": 32.961735, "volume": 126741894, "typical_volume": 69975654.25, "trend": 36.34591, "fair_value": 55.611229, "relative_strength": -22.583737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.88944, "energy": 27.656801, "activity_lines": [ 32.31425, 32.05208, 32.899729, 34.260608 ] }, { "date": "2024-05-31", "close": 31.546143, "volume": 109362755, "typical_volume": 73447017.65, "trend": 36.010113, "fair_value": 55.578309, "relative_strength": -24.493633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.041698, "energy": 30.045336, "activity_lines": [ 32.065719, 31.93017, 32.68226, 33.950945 ] }, { "date": "2024-06-07", "close": 30.690887, "volume": 70648892, "typical_volume": 73736357.15, "trend": 35.658955, "fair_value": 55.544832, "relative_strength": -24.693292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.739472, "energy": 36.217754, "activity_lines": [ 31.590525, 31.701929, 32.414587, 33.60777 ] }, { "date": "2024-06-14", "close": 33.060043, "volume": 86127285, "typical_volume": 75201872.15, "trend": 35.273242, "fair_value": 55.532438, "relative_strength": -18.003414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.433299, "energy": 23.627814, "activity_lines": [ 32.0346, 31.945898, 32.408327, 33.440098 ] }, { "date": "2024-06-21", "close": 30.376312, "volume": 87298376, "typical_volume": 75682149.65, "trend": 34.842969, "fair_value": 55.481259, "relative_strength": -22.270933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.249474, "energy": 35.882798, "activity_lines": [ 31.483228, 31.704318, 32.169278, 33.124167 ] }, { "date": "2024-06-28", "close": 28.243088, "volume": 62211581, "typical_volume": 75214490.1, "trend": 34.418236, "fair_value": 55.410571, "relative_strength": -25.083911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.945413, "energy": 52.533023, "activity_lines": [ 30.321916, 31.074997, 31.751835, 32.698368 ] }, { "date": "2024-07-05", "close": 29.127834, "volume": 73207918, "typical_volume": 75037182.6, "trend": 34.017862, "fair_value": 55.333335, "relative_strength": -20.504799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.100232, "energy": 50.697218, "activity_lines": [ 29.770095, 30.636873, 31.429621, 32.357052 ] }, { "date": "2024-07-12", "close": 28.970547, "volume": 70696143, "typical_volume": 75357896.2, "trend": 33.69242, "fair_value": 55.25278, "relative_strength": -21.30308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.929113, "energy": 63.020785, "activity_lines": [ 29.327067, 30.230054, 31.11082, 32.031419 ] }, { "date": "2024-07-19", "close": 29.953598, "volume": 60079880, "typical_volume": 74121736.3, "trend": 33.371205, "fair_value": 55.176035, "relative_strength": -18.110532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.291635, "energy": 55.568144, "activity_lines": [ 29.326411, 30.068583, 30.909044, 31.790204 ] }, { "date": "2024-07-26", "close": 28.901733, "volume": 47009891, "typical_volume": 73125104.9, "trend": 32.996006, "fair_value": 55.07431, "relative_strength": -17.19759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.687266, "energy": 44.788099, "activity_lines": [ 29.18223, 29.744834, 30.633599, 31.501851 ] }, { "date": "2024-08-02", "close": 28.341393, "volume": 48973190, "typical_volume": 71137097.5, "trend": 32.526765, "fair_value": 54.967778, "relative_strength": -17.474958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.251194, "energy": 42.953434, "activity_lines": [ 28.949575, 29.373598, 30.335848, 31.201554 ] }, { "date": "2024-08-09", "close": 27.358341, "volume": 46460764, "typical_volume": 70083534.25, "trend": 32.168428, "fair_value": 54.836012, "relative_strength": -18.000506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.23309, "energy": 46.608474, "activity_lines": [ 28.382681, 28.907631, 29.982461, 30.868107 ] }, { "date": "2024-08-16", "close": 26.404779, "volume": 40517803, "typical_volume": 69939701.4, "trend": 31.775099, "fair_value": 54.691306, "relative_strength": -19.621772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.541787, "energy": 63.435911, "activity_lines": [ 27.6159, 28.344431, 29.571079, 30.496259 ] }, { "date": "2024-08-23", "close": 22.757658, "volume": 62881803, "typical_volume": 71699115.5, "trend": 31.272065, "fair_value": 54.476279, "relative_strength": -28.414188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.450578, "energy": 85.030397, "activity_lines": [ 25.804463, 27.196048, 28.843618, 29.914488 ] }, { "date": "2024-08-30", "close": 23.278675, "volume": 67915474, "typical_volume": 72621755.8, "trend": 30.862082, "fair_value": 54.236182, "relative_strength": -27.387914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.157594, "energy": 88.21892, "activity_lines": [ 24.646428, 26.329711, 28.215467, 29.398786 ] }, { "date": "2024-09-06", "close": 22.285793, "volume": 57640138, "typical_volume": 71887777.35, "trend": 30.586729, "fair_value": 53.979783, "relative_strength": -27.699004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.842849, "energy": 91.308953, "activity_lines": [ 23.532303, 25.411898, 27.526584, 28.845477 ] }, { "date": "2024-09-13", "close": 21.597654, "volume": 44487800, "typical_volume": 69951542.85, "trend": 30.20698, "fair_value": 53.740249, "relative_strength": -27.750539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.812765, "energy": 91.785167, "activity_lines": [ 22.592504, 24.477283, 26.808478, 28.265536 ] }, { "date": "2024-09-20", "close": 21.273247, "volume": 26453342, "typical_volume": 68681017.3, "trend": 29.786592, "fair_value": 53.504976, "relative_strength": -28.805834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.981083, "energy": 90.479503, "activity_lines": [ 21.928616, 23.620598, 26.111022, 27.689167 ] }, { "date": "2024-09-27", "close": 26.532578, "volume": 115508000, "typical_volume": 69927343.7, "trend": 29.486998, "fair_value": 53.237576, "relative_strength": -23.82975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.198318, "energy": 58.089209, "activity_lines": [ 23.35994, 23.860105, 25.968554, 27.47923 ] }, { "date": "2024-10-04", "close": 31.841059, "volume": 63189137, "typical_volume": 68370603.3, "trend": 29.367559, "fair_value": 52.984451, "relative_strength": -16.701647, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -12.620149, "energy": 13.62453, "activity_lines": [ 26.309097, 25.126991, 26.355534, 27.631105 ] }, { "date": "2024-10-11", "close": 32.44072, "volume": 275373035, "typical_volume": 75802160.35, "trend": 29.238285, "fair_value": 52.733402, "relative_strength": -10.552958, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 3.437334, "energy": 24.345019, "activity_lines": [ 28.887315, 26.449464, 26.799874, 27.829374 ] }, { "date": "2024-10-18", "close": 34.121738, "volume": 154031422, "typical_volume": 78035593.7, "trend": 29.233994, "fair_value": 52.53928, "relative_strength": -8.055328, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.741835, "energy": 46.48189, "activity_lines": [ 31.348877, 28.003044, 27.406791, 28.144435 ] }, { "date": "2024-10-25", "close": 36.520386, "volume": 221726019, "typical_volume": 85589450.05, "trend": 29.352311, "fair_value": 52.357546, "relative_strength": -3.526163, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.500012, "energy": 53.478184, "activity_lines": [ 33.775049, 29.869771, 28.229887, 28.614525 ] }, { "date": "2024-11-01", "close": 33.40411, "volume": 145540839, "typical_volume": 88560127.75, "trend": 29.359376, "fair_value": 52.179368, "relative_strength": -9.853362, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.511211, "energy": 62.431282, "activity_lines": [ 34.145987, 30.985981, 28.728434, 28.875931 ] }, { "date": "2024-11-08", "close": 35.881405, "volume": 144635324, "typical_volume": 91426975.15, "trend": 29.542661, "fair_value": 52.027069, "relative_strength": -8.815076, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.278265, "energy": 69.456, "activity_lines": [ 34.884588, 32.359038, 29.461277, 29.296707 ] }, { "date": "2024-11-15", "close": 36.254963, "volume": 229631865, "typical_volume": 99797989.35, "trend": 29.754112, "fair_value": 51.819125, "relative_strength": -3.750607, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.798604, "energy": 58.820718, "activity_lines": [ 35.478352, 33.570873, 30.203481, 29.729759 ] }, { "date": "2024-11-22", "close": 33.522076, "volume": 106004229, "typical_volume": 101437804.9, "trend": 29.790765, "fair_value": 51.585921, "relative_strength": -7.791106, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.171598, "energy": 48.260493, "activity_lines": [ 34.90687, 34.031835, 30.647259, 29.972853 ] }, { "date": "2024-11-29", "close": 34.239708, "volume": 64678108, "typical_volume": 101136903.15, "trend": 29.844284, "fair_value": 51.339577, "relative_strength": -6.869799, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.508315, "energy": 44.027712, "activity_lines": [ 34.614577, 34.406467, 31.138457, 30.259882 ] }, { "date": "2024-12-06", "close": 34.180725, "volume": 72251649, "typical_volume": 101745491.6, "trend": 29.932075, "fair_value": 51.077003, "relative_strength": -8.034179, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.569199, "energy": 34.404265, "activity_lines": [ 34.454668, 34.534622, 31.598947, 30.539652 ] }, { "date": "2024-12-13", "close": 32.24411, "volume": 76782063, "typical_volume": 103234100.2, "trend": 29.943768, "fair_value": 50.779337, "relative_strength": -12.098333, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.480682, "energy": 24.319382, "activity_lines": [ 33.597446, 34.171608, 31.854868, 30.688816 ] }, { "date": "2024-12-20", "close": 32.018005, "volume": 48035373, "typical_volume": 103187209.35, "trend": 29.91231, "fair_value": 50.545392, "relative_strength": -11.5685, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.914506, "energy": 19.013725, "activity_lines": [ 32.907342, 33.760155, 32.07334, 30.822638 ] }, { "date": "2024-12-27", "close": 32.87326, "volume": 94344544, "typical_volume": 105581398.35, "trend": 29.956547, "fair_value": 50.340279, "relative_strength": -8.663635, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.794736, "energy": 18.876646, "activity_lines": [ 32.784787, 33.511889, 32.355756, 31.013667 ] }, { "date": "2025-01-03", "close": 28.891903, "volume": 53505506, "typical_volume": 106230783.5, "trend": 29.896581, "fair_value": 50.109705, "relative_strength": -12.775856, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.998785, "energy": 15.718939, "activity_lines": [ 31.378368, 32.56244, 32.232734, 30.94498 ] }, { "date": "2025-01-10", "close": 27.309189, "volume": 50063427, "typical_volume": 105589864.7, "trend": 29.704886, "fair_value": 49.825762, "relative_strength": -16.030671, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.947809, "energy": 24.689587, "activity_lines": [ 29.800897, 31.463924, 31.947134, 30.778051 ] }, { "date": "2025-01-17", "close": 31.28072, "volume": 80146898, "typical_volume": 106201435.9, "trend": 29.735033, "fair_value": 49.595078, "relative_strength": -6.645856, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.671003, "energy": 19.656694, "activity_lines": [ 30.005373, 31.198321, 32.018102, 30.879718 ] }, { "date": "2025-01-24", "close": 30.494278, "volume": 57313884, "typical_volume": 106185123.2, "trend": 29.810073, "fair_value": 49.367338, "relative_strength": -9.444719, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.84353, "energy": 21.17441, "activity_lines": [ 30.011927, 30.873378, 31.976064, 30.928702 ] }, { "date": "2025-01-31", "close": 30.081396, "volume": 8444763, "typical_volume": 104382971.35, "trend": 29.841858, "fair_value": 49.136464, "relative_strength": -8.880476, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.595339, "energy": 27.621942, "activity_lines": [ 29.982436, 30.578105, 31.855617, 30.946206 ] }, { "date": "2025-02-07", "close": 31.713263, "volume": 41228799, "typical_volume": 105121744.2, "trend": 29.933282, "fair_value": 48.981649, "relative_strength": -7.316679, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.4294, "energy": 11.617178, "activity_lines": [ 30.683024, 30.642093, 31.850187, 31.066942 ] }, { "date": "2025-02-14", "close": 30.779364, "volume": 53715443, "typical_volume": 102032116.35, "trend": 29.960808, "fair_value": 48.805545, "relative_strength": -11.033936, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.912867, "energy": 12.202984, "activity_lines": [ 30.884222, 30.582216, 31.7061, 31.121528 ] }, { "date": "2025-02-21", "close": 31.182413, "volume": 71607160, "typical_volume": 102453017.5, "trend": 30.03683, "fair_value": 48.643608, "relative_strength": -11.3765, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.562407, "energy": 14.101023, "activity_lines": [ 30.988425, 30.657464, 31.580176, 31.200341 ] }, { "date": "2025-02-28", "close": 32.499702, "volume": 140584033, "typical_volume": 95713567.4, "trend": 30.175441, "fair_value": 48.502673, "relative_strength": -3.918483, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.211672, "energy": 22.678956, "activity_lines": [ 31.538278, 30.991523, 31.582844, 31.359236 ] }, { "date": "2025-03-07", "close": 32.666824, "volume": 95656646, "typical_volume": 92794828.6, "trend": 30.35239, "fair_value": 48.382624, "relative_strength": -5.054818, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.855457, "energy": 24.019621, "activity_lines": [ 32.010144, 31.347209, 31.601147, 31.519971 ] }, { "date": "2025-03-14", "close": 33.276314, "volume": 80024354, "typical_volume": 85709745.35, "trend": 30.581441, "fair_value": 48.247826, "relative_strength": -4.034331, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.001771, "energy": 30.928905, "activity_lines": [ 32.512811, 31.817466, 31.684426, 31.708611 ] }, { "date": "2025-03-21", "close": 33.148521, "volume": 86631594, "typical_volume": 82764283.1, "trend": 30.927803, "fair_value": 48.072582, "relative_strength": -1.514974, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.792631, "energy": 36.258754, "activity_lines": [ 32.868677, 32.18477, 31.770981, 31.874229 ] }, { "date": "2025-03-28", "close": 32.047497, "volume": 46629113, "typical_volume": 77863972.55, "trend": 31.220097, "fair_value": 47.898937, "relative_strength": -3.780544, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.06898, "energy": 35.668836, "activity_lines": [ 32.699591, 32.245719, 31.753895, 31.946467 ] }, { "date": "2025-04-04", "close": 31.103769, "volume": 27989507, "typical_volume": 67781854.65, "trend": 31.51403, "fair_value": 47.71528, "relative_strength": -4.157469, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 29.83556, "energy": 17.849658, "activity_lines": [ 32.158257, 32.121139, 31.665186, 31.938962 ] }, { "date": "2025-04-11", "close": 29.36377, "volume": 77544679, "typical_volume": 66358877.15, "trend": 31.7729, "fair_value": 47.536808, "relative_strength": -4.45105, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.980294, "energy": 15.233578, "activity_lines": [ 31.129985, 31.669114, 31.435293, 31.800236 ] }, { "date": "2025-04-18", "close": 28.095631, "volume": 31415801, "typical_volume": 64695761.8, "trend": 32.000313, "fair_value": 47.352219, "relative_strength": -7.885105, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -70.964432, "energy": 61.063399, "activity_lines": [ 29.899204, 30.999567, 31.104425, 31.562993 ] }, { "date": "2025-04-25", "close": 27.220715, "volume": 41612945, "typical_volume": 63163826.6, "trend": 32.023251, "fair_value": 47.167142, "relative_strength": -11.600894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.836626, "energy": 76.344654, "activity_lines": [ 28.722163, 30.236718, 30.71949, 31.254631 ] }, { "date": "2025-05-02", "close": 26.95529, "volume": 17096238, "typical_volume": 60179535.35, "trend": 31.860392, "fair_value": 47.004017, "relative_strength": -11.938928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.984887, "energy": 80.967933, "activity_lines": [ 27.851834, 29.490314, 30.34242, 30.927666 ] }, { "date": "2025-05-09", "close": 27.938341, "volume": 30889367, "typical_volume": 59322235.05, "trend": 31.710313, "fair_value": 46.870483, "relative_strength": -10.504555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.10815, "energy": 77.270867, "activity_lines": [ 27.648669, 28.999502, 30.084158, 30.674631 ] }, { "date": "2025-05-16", "close": 27.417324, "volume": 40284522, "typical_volume": 56619233.95, "trend": 31.486832, "fair_value": 46.745436, "relative_strength": -12.305268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.173247, "energy": 72.376741, "activity_lines": [ 27.482861, 28.496894, 29.795702, 30.397664 ] }, { "date": "2025-05-23", "close": 27.643427, "volume": 41062226, "typical_volume": 55997069.95, "trend": 31.190934, "fair_value": 46.614462, "relative_strength": -10.740383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.272117, "energy": 50.911189, "activity_lines": [ 27.522183, 28.130842, 29.554761, 30.149702 ] }, { "date": "2025-05-30", "close": 26.888865, "volume": 25023223, "typical_volume": 54745059.75, "trend": 30.973759, "fair_value": 46.476395, "relative_strength": -12.000757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.551853, "energy": 50.100144, "activity_lines": [ 27.340132, 27.730012, 29.247901, 29.872149 ] }, { "date": "2025-06-06", "close": 27.138205, "volume": 15914418, "typical_volume": 51533435.75, "trend": 30.682319, "fair_value": 46.331514, "relative_strength": -12.070761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.49382, "energy": 48.325511, "activity_lines": [ 27.263317, 27.488329, 28.96679, 29.624694 ] }, { "date": "2025-06-13", "close": 26.589657, "volume": 27510526, "typical_volume": 50043267.85, "trend": 30.360142, "fair_value": 46.160254, "relative_strength": -12.800279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.673762, "energy": 50.601949, "activity_lines": [ 26.991459, 27.236169, 28.653163, 29.360651 ] }, { "date": "2025-06-20", "close": 25.921425, "volume": 30187717, "typical_volume": 51130415.55, "trend": 30.106787, "fair_value": 45.99666, "relative_strength": -13.577566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.013867, "energy": 65.989104, "activity_lines": [ 26.586768, 26.944588, 28.294488, 29.074282 ] }, { "date": "2025-06-27", "close": 26.878893, "volume": 42314472, "typical_volume": 51184699.2, "trend": 29.861427, "fair_value": 45.821252, "relative_strength": -13.275682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.894058, "energy": 51.65423, "activity_lines": [ 26.600961, 26.88968, 28.046809, 28.866031 ] }, { "date": "2025-07-04", "close": 26.878893, "volume": 46801914, "typical_volume": 50839022.75, "trend": 29.618032, "fair_value": 45.630155, "relative_strength": -13.911189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.85079, "energy": 46.269509, "activity_lines": [ 26.666122, 26.856894, 27.822152, 28.67361 ] }, { "date": "2025-07-11", "close": 28.025858, "volume": 64494685, "typical_volume": 50483399.0, "trend": 29.477424, "fair_value": 45.422879, "relative_strength": -11.436167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.574226, "energy": 36.18882, "activity_lines": [ 27.11427, 27.038862, 27.725303, 28.570889 ] }, { "date": "2025-07-18", "close": 27.626913, "volume": 42328524, "typical_volume": 45570623.55, "trend": 29.331054, "fair_value": 45.192456, "relative_strength": -13.972841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.023718, "energy": 25.444109, "activity_lines": [ 27.370259, 27.12883, 27.60549, 28.451501 ] }, { "date": "2025-07-25", "close": 28.624275, "volume": 58137679, "typical_volume": 43694675.2, "trend": 29.189421, "fair_value": 44.974553, "relative_strength": -12.439651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.005469, "energy": 22.063838, "activity_lines": [ 27.889552, 27.405799, 27.603868, 28.405902 ] }, { "date": "2025-08-01", "close": 28.39488, "volume": 73906902, "typical_volume": 43388802.6, "trend": 29.172854, "fair_value": 44.728462, "relative_strength": -11.31873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.179413, "energy": 19.00833, "activity_lines": [ 28.15219, 27.619116, 27.599649, 28.354642 ] }, { "date": "2025-08-08", "close": 28.025858, "volume": 52140021, "typical_volume": 41664223.95, "trend": 29.196743, "fair_value": 44.488523, "relative_strength": -13.126535, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.728785, "energy": 17.291012, "activity_lines": [ 28.190755, 27.751674, 27.58353, 28.280642 ] }, { "date": "2025-08-15", "close": 29.122955, "volume": 77139308, "typical_volume": 43189733.7, "trend": 29.124817, "fair_value": 44.251205, "relative_strength": -13.272633, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.549945, "energy": 21.456465, "activity_lines": [ 28.518554, 28.063032, 27.69629, 28.275881 ] }, { "date": "2025-08-22", "close": 30.389605, "volume": 98101189, "typical_volume": 46695317.8, "trend": 29.121328, "fair_value": 43.998536, "relative_strength": -13.289595, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.611693, "energy": 51.419342, "activity_lines": [ 29.19543, 28.568604, 27.94361, 28.357481 ] }, { "date": "2025-08-29", "close": 30.090397, "volume": 137280245, "typical_volume": 49682096.1, "trend": 29.121628, "fair_value": 43.752098, "relative_strength": -17.49762, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.700528, "energy": 59.332782, "activity_lines": [ 29.588391, 28.950684, 28.165834, 28.420001 ] }, { "date": "2025-09-05", "close": 34.90765, "volume": 201695415, "typical_volume": 58196076.8, "trend": 29.228108, "fair_value": 43.561421, "relative_strength": -3.50733, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 67.672848, "energy": 80.902579, "activity_lines": [ 31.489361, 30.132829, 28.843385, 28.793293 ] }, { "date": "2025-09-12", "close": 34.997414, "volume": 280395707, "typical_volume": 70135214.9, "trend": 29.368709, "fair_value": 43.282891, "relative_strength": -5.757738, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.452459, "energy": 82.924407, "activity_lines": [ 32.986068, 31.185317, 29.497046, 29.165506 ] }, { "date": "2025-09-19", "close": 38.518101, "volume": 264469829, "typical_volume": 82503894.45, "trend": 29.613232, "fair_value": 43.058489, "relative_strength": 2.344498, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 94.426015, "energy": 96.91318, "activity_lines": [ 35.191567, 32.730321, 30.448979, 29.75579 ] }, { "date": "2025-09-26", "close": 44.831398, "volume": 240268502, "typical_volume": 92972851.2, "trend": 30.024289, "fair_value": 42.891593, "relative_strength": 17.398757, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.860795, "energy": 98.793006, "activity_lines": [ 38.875156, 35.232429, 31.947117, 30.737607 ] }, { "date": "2025-10-03", "close": 45.389919, "volume": 132440885, "typical_volume": 97580669.35, "trend": 30.448392, "fair_value": 42.6825, "relative_strength": 15.815738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.888782, "energy": 96.757391, "activity_lines": [ 41.782131, 37.523277, 33.418005, 31.728938 ] }, { "date": "2025-10-10", "close": 42.417782, "volume": 113485711, "typical_volume": 101201843.6, "trend": 30.753108, "fair_value": 42.502461, "relative_strength": 9.653855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.321947, "energy": 87.699398, "activity_lines": [ 42.678426, 38.968907, 34.520248, 32.501156 ] }, { "date": "2025-10-17", "close": 37.6105, "volume": 194635438, "typical_volume": 109682454.35, "trend": 30.90184, "fair_value": 42.308458, "relative_strength": 2.558276, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.987744, "energy": 65.384514, "activity_lines": [ 41.471619, 39.285524, 35.0943, 32.943569 ] }, { "date": "2025-10-24", "close": 41.968971, "volume": 141070411, "typical_volume": 115940254.0, "trend": 31.232556, "fair_value": 42.163107, "relative_strength": 9.478585, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.62116, "energy": 59.720729, "activity_lines": [ 41.543429, 40.220324, 36.03239, 33.657577 ] }, { "date": "2025-10-31", "close": 38.897099, "volume": 128762224, "typical_volume": 121002838.9, "trend": 31.492334, "fair_value": 41.993591, "relative_strength": 0.983654, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.218774, "energy": 41.553103, "activity_lines": [ 40.361224, 40.363037, 36.607298, 34.152064 ] }, { "date": "2025-11-07", "close": 39.694984, "volume": 92434621, "typical_volume": 124115184.1, "trend": 31.836707, "fair_value": 41.820243, "relative_strength": 3.030657, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.322584, "energy": 33.00666, "activity_lines": [ 39.840601, 40.496139, 37.199588, 34.681267 ] }, { "date": "2025-11-14", "close": 39.445644, "volume": 145399249, "typical_volume": 129269422.95, "trend": 32.215041, "fair_value": 41.617781, "relative_strength": 4.11053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.967994, "energy": 30.91727, "activity_lines": [ 39.616526, 40.409278, 37.702543, 35.172166 ] }, { "date": "2025-11-21", "close": 34.000053, "volume": 97837161, "typical_volume": 131821185.3, "trend": 32.441019, "fair_value": 41.359576, "relative_strength": -5.091884, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.572095, "energy": 18.496104, "activity_lines": [ 37.775397, 39.2498, 37.627028, 35.287328 ] }, { "date": "2025-11-28", "close": 36.413666, "volume": 103698898, "typical_volume": 133781395.95, "trend": 32.756298, "fair_value": 41.153917, "relative_strength": -1.566421, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.940798, "energy": 19.054598, "activity_lines": [ 36.979503, 38.547295, 37.747472, 35.543628 ] }, { "date": "2025-12-05", "close": 35.256725, "volume": 60551924, "typical_volume": 134692565.95, "trend": 33.000245, "fair_value": 40.966888, "relative_strength": -5.570129, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.319277, "energy": 14.676264, "activity_lines": [ 36.168315, 37.672699, 37.717788, 35.704946 ] }, { "date": "2025-12-12", "close": 35.924961, "volume": 78039032, "typical_volume": 135687633.6, "trend": 33.283832, "fair_value": 40.788124, "relative_strength": -4.389025, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.333974, "energy": 16.544437, "activity_lines": [ 35.822564, 37.093686, 37.715413, 35.893637 ] }, { "date": "2025-12-19", "close": 34.588497, "volume": 67656588, "typical_volume": 135375117.9, "trend": 33.515335, "fair_value": 40.619362, "relative_strength": -6.881405, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.131587, "energy": 13.105139, "activity_lines": [ 35.282659, 36.443769, 37.550991, 35.977809 ] }, { "date": "2025-12-26", "close": 38.238838, "volume": 140164926, "typical_volume": 139776363.15, "trend": 33.893667, "fair_value": 40.430735, "relative_strength": -0.377891, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.393566, "energy": 11.374771, "activity_lines": [ 36.283345, 36.599901, 37.704727, 36.282551 ] }, { "date": "2026-01-02", "close": 36.653034, "volume": 42718818, "typical_volume": 138055338.65, "trend": 34.210828, "fair_value": 40.239787, "relative_strength": -3.815327, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.867804, "energy": 10.998973, "activity_lines": [ 36.472844, 36.456281, 37.658801, 36.460575 ] }, { "date": "2026-01-09", "close": 38.45826, "volume": 139800638, "typical_volume": 140140311.1, "trend": 34.606448, "fair_value": 40.117709, "relative_strength": -3.289331, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.079198, "energy": 17.335349, "activity_lines": [ 37.248127, 36.737538, 37.748944, 36.734603 ] }, { "date": "2026-01-16", "close": 41.988918, "volume": 221804148, "typical_volume": 144366506.25, "trend": 35.142031, "fair_value": 39.997366, "relative_strength": 4.497967, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.568937, "energy": 36.913546, "activity_lines": [ 38.98686, 37.668711, 38.136918, 37.210891 ] }, { "date": "2026-01-23", "close": 51.743114, "volume": 291888014, "typical_volume": 148876136.2, "trend": 35.970839, "fair_value": 39.933299, "relative_strength": 26.821019, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 87.735448, "energy": 81.261233, "activity_lines": [ 43.572729, 40.331666, 39.397203, 38.281929 ] }, { "date": "2026-01-30", "close": 44.402534, "volume": 295928019, "typical_volume": 149652751.8, "trend": 36.55496, "fair_value": 39.81225, "relative_strength": 10.497202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.022958, "energy": 72.648294, "activity_lines": [ 44.568096, 41.43638, 39.878216, 38.825909 ] }, { "date": "2026-02-06", "close": 55.553036, "volume": 445143966, "typical_volume": 158686458.65, "trend": 37.472533, "fair_value": 39.758082, "relative_strength": 40.269642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.339348, "energy": 84.43679, "activity_lines": [ 48.869384, 44.379322, 41.376396, 40.051592 ] }, { "date": "2026-02-13", "close": 50.975147, "volume": 241019714, "typical_volume": 158724019.25, "trend": 38.250807, "fair_value": 39.659555, "relative_strength": 26.303399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.649223, "energy": 78.176776, "activity_lines": [ 50.384708, 46.141932, 42.357467, 40.922728 ] }, { "date": "2026-02-27", "close": 55.59293, "volume": 182455590, "typical_volume": 161224754.5, "trend": 39.149762, "fair_value": 39.595531, "relative_strength": 33.099679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.473066, "energy": 76.06453, "activity_lines": [ 52.604835, 48.45835, 43.749072, 42.041575 ] }, { "date": "2026-03-06", "close": 47.274937, "volume": 210190510, "typical_volume": 166059994.45, "trend": 39.779098, "fair_value": 39.490076, "relative_strength": 15.549654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.233353, "energy": 51.773724, "activity_lines": [ 51.145363, 48.904805, 44.2999, 42.565779 ] }, { "date": "2026-03-13", "close": 47.085434, "volume": 163923938, "typical_volume": 164524419.45, "trend": 40.414417, "fair_value": 39.376971, "relative_strength": 13.998762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.503164, "energy": 40.289972, "activity_lines": [ 49.920603, 49.086143, 44.809552, 43.037156 ] }, { "date": "2026-03-20", "close": 45.619316, "volume": 126204793, "typical_volume": 163781138.55, "trend": 40.964295, "fair_value": 39.274017, "relative_strength": 13.555957, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.590405, "energy": 27.259575, "activity_lines": [ 48.028276, 48.840067, 45.134454, 43.372956 ] }, { "date": "2026-03-27", "close": 43.335358, "volume": 144810386, "typical_volume": 164583546.65, "trend": 41.395821, "fair_value": 39.128049, "relative_strength": 8.665942, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.806484, "energy": 20.632796, "activity_lines": [ 46.036877, 48.015703, 45.224455, 43.525928 ] }, { "date": "2026-04-03", "close": 40.682377, "volume": 97637775, "typical_volume": 164843704.35, "trend": 41.748887, "fair_value": 38.997431, "relative_strength": 5.108675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.748809, "energy": 17.288802, "activity_lines": [ 43.670471, 46.620304, 45.040655, 43.479899 ] }, { "date": "2026-04-10", "close": 42.068707, "volume": 108568324, "typical_volume": 163002158.1, "trend": 41.987588, "fair_value": 38.885995, "relative_strength": 1.46551, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.663043, "energy": 18.721438, "activity_lines": [ 42.760212, 45.50072, 44.984186, 43.500533 ] }, { "date": "2026-04-17", "close": 46.058155, "volume": 193188517, "typical_volume": 167769725.9, "trend": 42.35628, "fair_value": 38.781135, "relative_strength": 6.712675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.95083, "energy": 14.397688, "activity_lines": [ 43.526851, 45.282389, 45.295173, 43.76315 ] }, { "date": "2026-04-24", "close": 43.425121, "volume": 140384909, "typical_volume": 169604026.45, "trend": 42.519847, "fair_value": 38.633966, "relative_strength": 0.219795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.729022, "energy": 11.282818, "activity_lines": [ 43.484297, 44.555221, 45.297975, 43.832107 ] }, { "date": "2026-05-01", "close": 42.507545, "volume": 128606252, "typical_volume": 173006742.85, "trend": 42.442385, "fair_value": 38.46639, "relative_strength": -3.028164, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.120806, "energy": 7.488992, "activity_lines": [ 43.282164, 43.88173, 45.180001, 43.831314 ] }, { "date": "2026-05-08", "close": 45.858681, "volume": 105244879, "typical_volume": 174367035.2, "trend": 42.458011, "fair_value": 38.346831, "relative_strength": 1.39958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.105765, "energy": 11.685653, "activity_lines": [ 44.252264, 43.971492, 45.346655, 44.05172 ] }, { "date": "2026-05-15", "close": 52.660686, "volume": 304993652, "typical_volume": 186233888.4, "trend": 42.799441, "fair_value": 38.265114, "relative_strength": 15.978004, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 52.869016, "energy": 37.18495, "activity_lines": [ 47.144612, 45.474969, 46.113816, 44.709957 ] }, { "date": "2026-05-22", "close": 55.09, "volume": 242515160, "typical_volume": 191351400.1, "trend": 43.382091, "fair_value": 38.20755, "relative_strength": 20.383342, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.551263, "energy": 64.417685, "activity_lines": [ 50.1406, 47.322217, 47.026282, 45.502896 ] }, { "date": "2026-05-29", "close": 50.82, "volume": 226146830, "typical_volume": 200522800.7, "trend": 43.677125, "fair_value": 38.111153, "relative_strength": 10.82218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.061917, "energy": 62.05603, "activity_lines": [ 51.111131, 48.247563, 47.451838, 45.982761 ] }, { "date": "2026-06-05", "close": 48.889999, "volume": 37902194, "typical_volume": 195427878.5, "trend": 44.010222, "fair_value": 37.977425, "relative_strength": 8.063405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.007683, "energy": 63.672593, "activity_lines": [ 50.945337, 48.727443, 47.626122, 46.319076 ] }, { "date": "2026-06-12", "close": 47.080002, "volume": 42536686, "typical_volume": 186464505.4, "trend": 44.256389, "fair_value": 37.835177, "relative_strength": 6.172964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.79891, "energy": 43.813941, "activity_lines": [ 49.750713, 48.777238, 47.578351, 46.517126 ] }, { "date": "2026-06-19", "close": 53.889999, "volume": 166823232, "typical_volume": 180211266.3, "trend": 44.737868, "fair_value": 37.762055, "relative_strength": 12.901002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.238759, "energy": 35.982269, "activity_lines": [ 50.744667, 49.948894, 48.154908, 47.138649 ] }, { "date": "2026-06-26", "close": 58.369999, "volume": 52273703, "typical_volume": 168028550.5, "trend": 45.550199, "fair_value": 37.736707, "relative_strength": 23.329779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.369861, "energy": 45.72753, "activity_lines": [ 53.15, 51.720163, 49.147908, 48.018142 ] }, { "date": "2026-07-03", "close": 51.080002, "volume": 42866084, "typical_volume": 147914656.4, "trend": 46.039077, "fair_value": 37.641871, "relative_strength": 8.727236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.743709, "energy": 35.694064, "activity_lines": [ 52.906667, 51.942127, 49.380111, 48.374903 ] }, { "date": "2026-07-10", "close": 47.279999, "volume": 152274519, "typical_volume": 143477396.65, "trend": 46.439853, "fair_value": 37.535319, "relative_strength": 3.935084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.818325, "energy": 28.56396, "activity_lines": [ 51.379333, 51.334001, 49.271709, 48.454963 ] }, { "date": "2026-07-17", "close": 37.450001, "volume": 121322897, "typical_volume": 140420762.0, "trend": 46.490688, "fair_value": 37.338124, "relative_strength": -9.69142, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -0.276912, "energy": 7.791517, "activity_lines": [ 46.682667, 48.851831, 48.244713, 47.874972 ] }, { "date": "2026-07-24", "close": 39.009998, "volume": 119837820, "typical_volume": 135903127.5, "trend": 46.638071, "fair_value": 37.174366, "relative_strength": -6.571139, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -28.799124, "energy": 31.783849, "activity_lines": [ 43.148, 46.806182, 47.452682, 47.392347 ] }, { "date": "2026-07-31", "close": 38.599998, "volume": 81402732, "typical_volume": 131777067.2, "trend": 46.65011, "fair_value": 37.004217, "relative_strength": -6.386463, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.199126, "energy": 49.468754, "activity_lines": [ 40.468666, 44.934181, 46.660961, 46.873762 ] }, { "date": "2026-08-07", "close": 41.799999, "volume": 71862433, "typical_volume": 129059949.2, "trend": 46.821675, "fair_value": 36.880545, "relative_strength": -4.016671, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.374476, "energy": 64.865384, "activity_lines": [ 40.173999, 43.943818, 46.214409, 46.560851 ] } ], "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." } } }