{ "ticker": { "uuid": "a0490b03-fbe5-4244-bc84-7c4292cda91e", "symbol": "300875", "name": "Tianjin Jieqiang Power Equipment Co.,Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -37.657, "architecture_energy": 23.538, "architecture_maturity": 91.117, "architecture_confidence": 72.607, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 35.55, "rotation_up": 27.51, "upward_expansion": 20.51, "deceleration": 47.0, "rotation_down": 25.13, "downward_expansion": 56.84 }, "activity_lines": [ 33.176666, 31.960364, 33.534905, 35.921978 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 34.759998, "trend_reference": 38.685, "distance_from_trend": -0.101461, "trend_direction": "Weakening", "fair_value": 33.999872, "distance_from_fair_value": 0.022357, "fair_value_direction": "Weakening", "relative_strength": -20.94176, "relative_strength_direction": "Improving", "price_momentum": -0.157946, "excess_performance": -0.165346, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.101461, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.094339, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.022357, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.142902, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.209418, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036391, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.157946, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.971433, "read": "Supply-led" } ], "volume": { "latest": 31608720, "relative_activity": 1.41971, "balance": 0.971433, "dry_up": 1.555528, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.112862, "annualized_volatility": 0.550493, "from_high_reference": -0.496232, "from_low_reference": 0.366352 }, "levels": { "trend_reference": 38.685, "fair_value_reference": 33.999872, "structural_low": 25.440001, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 30, "median_return": 0.003865, "positive_rate": 0.533333, "directional_follow_through": 0.466667, "median_excess_return": -0.032708, "regime_survival": 0.8, "best_return": 0.356542, "worst_return": -0.345366, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.055655, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": -0.006592, "regime_survival": 0.545455, "best_return": 0.654818, "worst_return": -0.428098, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.028958, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.005219, "regime_survival": 0.333333, "best_return": 0.846367, "worst_return": -0.379667, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.02653, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.071182, "regime_survival": 0.0, "best_return": 0.512638, "worst_return": -0.136509, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": -0.014098, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": -0.079809, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": 0.05251, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": -0.056134, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.117195, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.112954, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.011318, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-06-20", "tenure": "New", "return": 0.509068, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-09-12", "tenure": "Developing", "return": 0.101223, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-12-05", "tenure": "Developing", "return": 0.00782, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": -0.04211, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-03-13", "tenure": "Developing", "return": 0.037337, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": -0.086047, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.133599, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 37.650002, "volume": 7485749, "typical_volume": 10463397.35, "trend": 36.439667, "fair_value": 48.31566, "relative_strength": 8.370871, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.478563, "energy": 25.872152, "activity_lines": [ 39.297335, 39.510182, 38.384191, 37.733484 ] }, { "date": "2023-08-04", "close": 35.849998, "volume": 6748156, "typical_volume": 10338552.75, "trend": 36.626667, "fair_value": 48.233106, "relative_strength": 1.837038, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 13.603392, "energy": 14.194825, "activity_lines": [ 37.933334, 38.894, 38.209429, 37.695441 ] }, { "date": "2023-08-11", "close": 35.360001, "volume": 4204645, "typical_volume": 9974035.75, "trend": 36.780333, "fair_value": 48.148415, "relative_strength": 4.29469, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -12.17681, "energy": 22.34815, "activity_lines": [ 36.684667, 38.224546, 37.989667, 37.61372 ] }, { "date": "2023-08-18", "close": 36.200001, "volume": 7626137, "typical_volume": 10025050.75, "trend": 36.963, "fair_value": 48.07032, "relative_strength": 10.124229, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.312925, "energy": 26.261288, "activity_lines": [ 36.224667, 37.740728, 37.864238, 37.57628 ] }, { "date": "2023-08-25", "close": 42.950001, "volume": 55461173, "typical_volume": 12442165.45, "trend": 37.359333, "fair_value": 48.037072, "relative_strength": 33.910721, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.078942, "energy": 20.658191, "activity_lines": [ 38.332001, 38.519455, 38.38381, 37.962538 ] }, { "date": "2023-09-01", "close": 43.150002, "volume": 70285798, "typical_volume": 15518012.9, "trend": 37.762333, "fair_value": 48.005542, "relative_strength": 29.321792, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.330541, "energy": 32.725812, "activity_lines": [ 40.181334, 39.267819, 38.894953, 38.336129 ] }, { "date": "2023-09-08", "close": 41.099998, "volume": 33720276, "typical_volume": 16928980.15, "trend": 37.929333, "fair_value": 47.961276, "relative_strength": 24.444469, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.091027, "energy": 36.551572, "activity_lines": [ 40.980667, 39.591091, 39.183619, 38.551463 ] }, { "date": "2023-09-15", "close": 38.540001, "volume": 21913777, "typical_volume": 17657286.6, "trend": 37.930667, "fair_value": 47.628833, "relative_strength": 17.660367, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.519942, "energy": 33.54528, "activity_lines": [ 40.576667, 39.429455, 39.206191, 38.59086 ] }, { "date": "2023-09-22", "close": 37.009998, "volume": 11132376, "typical_volume": 18121412.4, "trend": 37.931, "fair_value": 47.36328, "relative_strength": 12.071472, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 32.025401, "energy": 20.801233, "activity_lines": [ 39.450666, 39.070545, 39.061429, 38.531462 ] }, { "date": "2023-09-29", "close": 37.029999, "volume": 9596943, "typical_volume": 18407820.7, "trend": 37.905667, "fair_value": 47.09771, "relative_strength": 12.362129, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.879783, "energy": 8.33369, "activity_lines": [ 38.277333, 38.787091, 38.906619, 38.473333 ] }, { "date": "2023-10-13", "close": 35.27, "volume": 12860270, "typical_volume": 18497878.45, "trend": 37.872, "fair_value": 46.807563, "relative_strength": 7.22931, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.501002, "energy": 23.440834, "activity_lines": [ 36.911999, 38.202727, 38.565762, 38.30329 ] }, { "date": "2023-10-20", "close": 32.720001, "volume": 10073780, "typical_volume": 18508908.05, "trend": 37.756, "fair_value": 46.457876, "relative_strength": 4.567631, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.507866, "energy": 45.893537, "activity_lines": [ 35.222, 37.198, 37.992191, 37.970903 ] }, { "date": "2023-10-27", "close": 32.200001, "volume": 9702544, "typical_volume": 18713145.3, "trend": 37.550333, "fair_value": 46.118003, "relative_strength": 0.787867, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.667705, "energy": 62.409715, "activity_lines": [ 33.917334, 36.155636, 37.393381, 37.612452 ] }, { "date": "2023-11-03", "close": 32.84, "volume": 11543515, "typical_volume": 18873529.6, "trend": 37.423333, "fair_value": 45.759881, "relative_strength": 1.851274, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.838458, "energy": 72.101868, "activity_lines": [ 33.248667, 35.287091, 36.879191, 37.308559 ] }, { "date": "2023-11-10", "close": 33.169998, "volume": 10635622, "typical_volume": 18319609.65, "trend": 37.289667, "fair_value": 45.400125, "relative_strength": 1.496911, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.938521, "energy": 69.584228, "activity_lines": [ 32.968, 34.539636, 36.421667, 37.034151 ] }, { "date": "2023-11-17", "close": 33.25, "volume": 8681289, "typical_volume": 18224394.1, "trend": 37.150333, "fair_value": 45.046434, "relative_strength": 1.623098, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.17739, "energy": 59.804106, "activity_lines": [ 32.971333, 33.984545, 36.000857, 36.773527 ] }, { "date": "2023-11-24", "close": 32.330002, "volume": 8761790, "typical_volume": 17421142.7, "trend": 37.014, "fair_value": 44.690253, "relative_strength": 0.087042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.188364, "energy": 46.175158, "activity_lines": [ 32.802667, 33.442182, 35.525857, 36.462538 ] }, { "date": "2023-12-01", "close": 31.290001, "volume": 7848138, "typical_volume": 16868089.15, "trend": 36.923667, "fair_value": 44.366461, "relative_strength": -2.009831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.641032, "energy": 64.378133, "activity_lines": [ 32.313334, 32.870182, 34.988476, 36.093248 ] }, { "date": "2023-12-08", "close": 29.700001, "volume": 8548425, "typical_volume": 16311797.4, "trend": 36.763667, "fair_value": 44.045722, "relative_strength": -5.422538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.891239, "energy": 86.643243, "activity_lines": [ 31.354668, 32.14091, 34.355381, 35.627205 ] }, { "date": "2023-12-15", "close": 29.610001, "volume": 6730408, "typical_volume": 16178040.55, "trend": 36.645334, "fair_value": 43.725575, "relative_strength": -4.114758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.310968, "energy": 89.871721, "activity_lines": [ 30.575334, 31.528182, 33.767334, 35.165678 ] }, { "date": "2023-12-22", "close": 28.559999, "volume": 5994691, "typical_volume": 16103487.65, "trend": 36.350667, "fair_value": 43.402934, "relative_strength": -5.998518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.613725, "energy": 92.518878, "activity_lines": [ 29.683334, 30.859455, 33.119619, 34.644043 ] }, { "date": "2023-12-29", "close": 29.190001, "volume": 7004727, "typical_volume": 16116316.2, "trend": 36.063, "fair_value": 43.095726, "relative_strength": -7.123622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.112219, "energy": 88.543963, "activity_lines": [ 29.314, 30.427273, 32.575191, 34.182065 ] }, { "date": "2024-01-05", "close": 32.689999, "volume": 58584382, "typical_volume": 18835303.05, "trend": 35.913667, "fair_value": 42.840465, "relative_strength": 8.147952, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.847726, "energy": 51.313447, "activity_lines": [ 30.320667, 30.695637, 32.39581, 33.964452 ] }, { "date": "2024-01-12", "close": 32.740002, "volume": 37737617, "typical_volume": 20340877.05, "trend": 35.733667, "fair_value": 42.616009, "relative_strength": 9.194021, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.848851, "energy": 34.559171, "activity_lines": [ 31.250667, 30.964182, 32.233905, 33.759699 ] }, { "date": "2024-01-19", "close": 29.219999, "volume": 25521322, "typical_volume": 18843884.5, "trend": 35.398334, "fair_value": 42.356765, "relative_strength": -0.581083, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.979526, "energy": 34.388034, "activity_lines": [ 30.804667, 30.594546, 31.753238, 33.339463 ] }, { "date": "2024-01-26", "close": 27.639999, "volume": 20063790, "typical_volume": 16332784.1, "trend": 34.977334, "fair_value": 42.085299, "relative_strength": -5.965858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.087194, "energy": 41.544645, "activity_lines": [ 29.858, 30.009455, 31.187476, 32.838925 ] }, { "date": "2024-02-02", "close": 21.4, "volume": 16562708, "typical_volume": 15474905.7, "trend": 34.356334, "fair_value": 41.785813, "relative_strength": -20.838384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.656715, "energy": 65.385326, "activity_lines": [ 26.892666, 28.391818, 30.101286, 31.962968 ] }, { "date": "2024-02-09", "close": 18.969999, "volume": 19519869, "typical_volume": 15355210.3, "trend": 33.555667, "fair_value": 41.459403, "relative_strength": -35.75509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.127065, "energy": 91.636045, "activity_lines": [ 23.636666, 26.531091, 28.877476, 30.970301 ] }, { "date": "2024-02-23", "close": 22.790001, "volume": 20793293, "typical_volume": 15838256.15, "trend": 32.95, "fair_value": 41.179979, "relative_strength": -24.719104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.613142, "energy": 83.639227, "activity_lines": [ 22.568667, 25.588909, 28.110667, 30.275742 ] }, { "date": "2024-03-01", "close": 24.450001, "volume": 38601401, "typical_volume": 17288479.05, "trend": 32.495667, "fair_value": 40.946403, "relative_strength": -22.051085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.818988, "energy": 78.600626, "activity_lines": [ 22.717334, 25.074182, 27.569667, 29.727355 ] }, { "date": "2024-03-08", "close": 29.030001, "volume": 51002890, "typical_volume": 19195610.05, "trend": 32.208334, "fair_value": 40.79215, "relative_strength": -6.778803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.987369, "energy": 45.096645, "activity_lines": [ 24.710667, 25.486, 27.524762, 29.503764 ] }, { "date": "2024-03-15", "close": 28.200001, "volume": 38031618, "typical_volume": 20593501.95, "trend": 31.953334, "fair_value": 40.629849, "relative_strength": -11.60949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.830596, "energy": 22.631126, "activity_lines": [ 26.334668, 25.738364, 27.430524, 29.245162 ] }, { "date": "2024-03-22", "close": 30.4, "volume": 45736514, "typical_volume": 22395200.45, "trend": 31.788, "fair_value": 40.463584, "relative_strength": -4.247828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.952995, "energy": 19.851673, "activity_lines": [ 28.238667, 26.408728, 27.567334, 29.144946 ] }, { "date": "2024-03-29", "close": 32.32, "volume": 53175370, "typical_volume": 24476793.2, "trend": 31.658667, "fair_value": 40.32258, "relative_strength": 3.4465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.62427, "energy": 19.23279, "activity_lines": [ 30.020667, 27.469819, 27.895572, 29.179269 ] }, { "date": "2024-04-05", "close": 33.360001, "volume": 30808671, "typical_volume": 25485445.65, "trend": 31.339, "fair_value": 40.171443, "relative_strength": 5.045436, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 22.702391, "energy": 26.46036, "activity_lines": [ 31.514001, 28.727637, 28.325334, 29.289033 ] }, { "date": "2024-04-12", "close": 28.49, "volume": 36607799, "typical_volume": 26881771.15, "trend": 30.850333, "fair_value": 40.016601, "relative_strength": -7.19179, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.156325, "energy": 17.561203, "activity_lines": [ 30.79, 29.024728, 28.290381, 29.105226 ] }, { "date": "2024-04-19", "close": 28.98, "volume": 37693679, "typical_volume": 28328365.6, "trend": 30.446334, "fair_value": 39.803493, "relative_strength": -6.125631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.463153, "energy": 13.107236, "activity_lines": [ 30.265334, 29.395455, 28.324762, 28.984559 ] }, { "date": "2024-04-26", "close": 27.66, "volume": 46454888, "typical_volume": 30258703.1, "trend": 30.083667, "fair_value": 39.605834, "relative_strength": -12.020944, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.584773, "energy": 11.735831, "activity_lines": [ 29.248667, 29.388364, 28.249381, 28.804796 ] }, { "date": "2024-05-03", "close": 26.91, "volume": 13329314, "typical_volume": 30497747.55, "trend": 29.747, "fair_value": 39.407653, "relative_strength": -15.32329, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.264384, "energy": 19.139812, "activity_lines": [ 28.164667, 29.086909, 28.119857, 28.600043 ] }, { "date": "2024-05-10", "close": 28.85, "volume": 31579884, "typical_volume": 31740221.35, "trend": 29.474334, "fair_value": 39.185579, "relative_strength": -10.54564, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.993617, "energy": 17.330112, "activity_lines": [ 28.088, 29.063273, 28.188381, 28.542172 ] }, { "date": "2024-05-17", "close": 26.540001, "volume": 24363797, "typical_volume": 32658676.65, "trend": 29.183334, "fair_value": 38.989068, "relative_strength": -17.35435, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.893278, "energy": 22.681478, "activity_lines": [ 27.542, 28.539637, 28.040524, 28.35286 ] }, { "date": "2024-05-24", "close": 24.049999, "volume": 19705460, "typical_volume": 33293713.3, "trend": 28.894334, "fair_value": 38.798119, "relative_strength": -22.637323, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.9267, "energy": 39.496633, "activity_lines": [ 26.296, 27.608545, 27.665143, 28.021678 ] }, { "date": "2024-05-31", "close": 24.620001, "volume": 12298453, "typical_volume": 30979416.85, "trend": 28.641667, "fair_value": 38.620564, "relative_strength": -19.947938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.72703, "energy": 45.934343, "activity_lines": [ 25.568667, 26.856546, 27.368524, 27.745914 ] }, { "date": "2024-06-07", "close": 22.219999, "volume": 14523826, "typical_volume": 29818727.3, "trend": 28.287667, "fair_value": 38.432639, "relative_strength": -26.443943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.89209, "energy": 61.916149, "activity_lines": [ 24.244, 25.773273, 26.881762, 27.331613 ] }, { "date": "2024-06-14", "close": 23.0, "volume": 8820930, "typical_volume": 28983707.7, "trend": 27.948667, "fair_value": 38.242215, "relative_strength": -23.430388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.546302, "energy": 63.280065, "activity_lines": [ 23.492, 25.015455, 26.519381, 26.990473 ] }, { "date": "2024-06-21", "close": 22.280001, "volume": 9920343, "typical_volume": 28476535.35, "trend": 27.583, "fair_value": 38.053945, "relative_strength": -23.808428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.626072, "energy": 64.619674, "activity_lines": [ 22.89, 24.315091, 26.118048, 26.624753 ] }, { "date": "2024-06-28", "close": 18.469999, "volume": 23601566, "typical_volume": 28828478.25, "trend": 27.121, "fair_value": 37.827081, "relative_strength": -34.7554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.864892, "energy": 78.067789, "activity_lines": [ 21.302, 23.034909, 25.379381, 26.036817 ] }, { "date": "2024-07-05", "close": 18.1, "volume": 17004889, "typical_volume": 28702729.25, "trend": 26.681334, "fair_value": 37.597918, "relative_strength": -34.320419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.440805, "energy": 80.091639, "activity_lines": [ 19.962667, 21.878545, 24.619429, 25.454817 ] }, { "date": "2024-07-12", "close": 18.43, "volume": 12367751, "typical_volume": 28281452.15, "trend": 26.305667, "fair_value": 37.364465, "relative_strength": -33.697247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.050393, "energy": 82.341892, "activity_lines": [ 19.168, 20.956, 23.895048, 24.922473 ] }, { "date": "2024-07-19", "close": 18.01, "volume": 9481210, "typical_volume": 26825442.6, "trend": 25.919, "fair_value": 37.118098, "relative_strength": -34.796915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.786861, "energy": 87.251446, "activity_lines": [ 18.486, 20.111273, 23.151429, 24.387269 ] }, { "date": "2024-07-26", "close": 18.92, "volume": 11850690, "typical_volume": 24867832.6, "trend": 25.597667, "fair_value": 36.88094, "relative_strength": -28.399913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.840882, "energy": 83.936478, "activity_lines": [ 18.44, 19.629091, 22.525143, 23.935721 ] }, { "date": "2024-08-02", "close": 21.690001, "volume": 26582077, "typical_volume": 24295355.55, "trend": 25.347667, "fair_value": 36.689411, "relative_strength": -16.986095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.204171, "energy": 53.590085, "activity_lines": [ 19.541334, 19.789091, 22.21081, 23.683613 ] }, { "date": "2024-08-09", "close": 19.16, "volume": 21325023, "typical_volume": 23074781.0, "trend": 24.896667, "fair_value": 36.47472, "relative_strength": -24.747179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.658951, "energy": 44.978854, "activity_lines": [ 19.584667, 19.532, 21.686524, 23.284409 ] }, { "date": "2024-08-16", "close": 21.780001, "volume": 67610340, "typical_volume": 23796529.5, "trend": 24.531333, "fair_value": 36.281763, "relative_strength": -13.689567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.410019, "energy": 29.15545, "activity_lines": [ 20.430667, 19.850546, 21.465286, 23.083334 ] }, { "date": "2024-08-23", "close": 24.18, "volume": 67921425, "typical_volume": 25652167.2, "trend": 24.363333, "fair_value": 36.102871, "relative_strength": -2.014773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.432826, "energy": 21.508916, "activity_lines": [ 21.853334, 20.613455, 21.52281, 23.060667 ] }, { "date": "2024-08-30", "close": 25.450001, "volume": 49722366, "typical_volume": 26307895.55, "trend": 24.290334, "fair_value": 35.945958, "relative_strength": 1.340863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.797818, "energy": 16.902882, "activity_lines": [ 23.288001, 21.585819, 21.745, 23.130774 ] }, { "date": "2024-09-06", "close": 22.469999, "volume": 40392776, "typical_volume": 26442850.4, "trend": 24.326, "fair_value": 35.720895, "relative_strength": -7.25439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.331837, "energy": 19.717484, "activity_lines": [ 23.294, 21.958727, 21.697857, 23.013333 ] }, { "date": "2024-09-13", "close": 22.030001, "volume": 18849666, "typical_volume": 25062589.3, "trend": 24.428, "fair_value": 35.508465, "relative_strength": -6.57105, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.384551, "energy": 17.960339, "activity_lines": [ 23.101334, 22.178909, 21.63981, 22.865205 ] }, { "date": "2024-09-20", "close": 23.74, "volume": 17109270, "typical_volume": 25251587.1, "trend": 24.459667, "fair_value": 35.301861, "relative_strength": 0.229177, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.57938, "energy": 12.822044, "activity_lines": [ 23.287334, 22.638546, 21.771429, 22.820817 ] }, { "date": "2024-09-27", "close": 26.049999, "volume": 38491766, "typical_volume": 25597181.2, "trend": 24.513, "fair_value": 35.091679, "relative_strength": -6.005782, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.410069, "energy": 18.868133, "activity_lines": [ 24.112666, 23.421636, 22.138143, 22.923419 ] }, { "date": "2024-10-04", "close": 30.049999, "volume": 12897425, "typical_volume": 25023862.6, "trend": 24.547, "fair_value": 34.917162, "relative_strength": -1.514916, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.661223, "energy": 52.673372, "activity_lines": [ 26.146666, 24.785818, 22.899143, 23.280645 ] }, { "date": "2024-10-11", "close": 31.799999, "volume": 50209544, "typical_volume": 26549066.8, "trend": 24.667, "fair_value": 34.764817, "relative_strength": 9.443795, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.769274, "energy": 67.744114, "activity_lines": [ 28.457333, 26.265818, 23.810095, 23.748581 ] }, { "date": "2024-10-18", "close": 36.490002, "volume": 65515523, "typical_volume": 29209920.3, "trend": 24.87, "fair_value": 34.662194, "relative_strength": 21.968537, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.762626, "energy": 78.030236, "activity_lines": [ 31.709333, 28.414727, 25.13081, 24.511355 ] }, { "date": "2024-10-25", "close": 36.0, "volume": 54144663, "typical_volume": 31190962.15, "trend": 24.992667, "fair_value": 34.560342, "relative_strength": 17.38279, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.66585, "energy": 86.088493, "activity_lines": [ 33.834, 30.159455, 26.348333, 25.229419 ] }, { "date": "2024-11-01", "close": 31.92, "volume": 29900845, "typical_volume": 32244957.9, "trend": 24.944667, "fair_value": 34.446322, "relative_strength": 5.886475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.958573, "energy": 78.291309, "activity_lines": [ 33.781334, 30.903818, 27.111667, 25.676344 ] }, { "date": "2024-11-08", "close": 35.130001, "volume": 27337754, "typical_volume": 33115828.45, "trend": 25.166, "fair_value": 34.352928, "relative_strength": 9.296784, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.948303, "energy": 73.080264, "activity_lines": [ 34.407334, 32.091091, 28.138238, 26.333462 ] }, { "date": "2024-11-15", "close": 32.290001, "volume": 20993997, "typical_volume": 32985450.0, "trend": 25.276333, "fair_value": 34.23903, "relative_strength": 4.541864, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.821624, "energy": 51.119245, "activity_lines": [ 33.748001, 32.586, 28.833143, 26.793075 ] }, { "date": "2024-11-22", "close": 39.0, "volume": 43598747, "typical_volume": 34315142.9, "trend": 25.654333, "fair_value": 34.178218, "relative_strength": 29.667999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.774273, "energy": 54.78507, "activity_lines": [ 35.292667, 34.122364, 30.101286, 27.678473 ] }, { "date": "2024-11-29", "close": 33.639999, "volume": 38100553, "typical_volume": 35601783.0, "trend": 25.878667, "fair_value": 34.100456, "relative_strength": 10.108539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.402326, "energy": 45.101137, "activity_lines": [ 34.883333, 34.375636, 30.759429, 28.193678 ] }, { "date": "2024-12-06", "close": 34.139999, "volume": 26852204, "typical_volume": 36470332.7, "trend": 26.055, "fair_value": 34.015386, "relative_strength": 9.925735, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.791639, "energy": 41.67096, "activity_lines": [ 34.798, 34.539818, 31.392762, 28.726667 ] }, { "date": "2024-12-13", "close": 34.889999, "volume": 26808493, "typical_volume": 37218222.85, "trend": 26.333333, "fair_value": 33.917372, "relative_strength": 13.04951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.676806, "energy": 40.816631, "activity_lines": [ 34.814666, 34.693272, 32.020714, 29.296667 ] }, { "date": "2024-12-20", "close": 31.469999, "volume": 19662200, "typical_volume": 36872229.0, "trend": 26.580667, "fair_value": 33.794452, "relative_strength": 2.741079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.873977, "energy": 24.737254, "activity_lines": [ 33.707332, 34.136909, 32.246905, 29.628064 ] }, { "date": "2024-12-27", "close": 29.32, "volume": 14467173, "typical_volume": 36529336.5, "trend": 26.737333, "fair_value": 33.669438, "relative_strength": -4.175993, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.425617, "energy": 17.627029, "activity_lines": [ 31.937999, 33.195636, 32.221762, 29.804796 ] }, { "date": "2025-01-03", "close": 25.799999, "volume": 8522407, "typical_volume": 33574939.85, "trend": 26.856667, "fair_value": 33.510563, "relative_strength": -8.901366, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.437197, "energy": 13.536424, "activity_lines": [ 29.640666, 31.744727, 31.813, 29.744322 ] }, { "date": "2025-01-10", "close": 25.639999, "volume": 10089028, "typical_volume": 30683320.0, "trend": 26.944667, "fair_value": 33.36905, "relative_strength": -7.932023, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.397645, "energy": 23.190334, "activity_lines": [ 27.812666, 30.450181, 31.369857, 29.665828 ] }, { "date": "2025-01-17", "close": 26.98, "volume": 21571930, "typical_volume": 29275798.2, "trend": 27.101333, "fair_value": 33.23417, "relative_strength": -5.978034, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.298364, "energy": 32.00976, "activity_lines": [ 26.997999, 29.513454, 31.047381, 29.668107 ] }, { "date": "2025-01-24", "close": 25.9, "volume": 11987755, "typical_volume": 27855547.15, "trend": 27.349, "fair_value": 33.099457, "relative_strength": -10.400425, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.428016, "energy": 47.263688, "activity_lines": [ 26.350666, 28.528545, 30.614762, 29.590602 ] }, { "date": "2025-01-31", "close": 24.68, "volume": 3285006, "typical_volume": 27077314.15, "trend": 27.568333, "fair_value": 32.951056, "relative_strength": -13.040774, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.762528, "energy": 53.742244, "activity_lines": [ 25.668, 27.438, 30.049619, 29.418408 ] }, { "date": "2025-02-07", "close": 26.809999, "volume": 8640998, "typical_volume": 26653900.55, "trend": 27.847667, "fair_value": 32.82384, "relative_strength": -9.210666, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.064911, "energy": 36.997506, "activity_lines": [ 26.004666, 26.99509, 29.674714, 29.369484 ] }, { "date": "2025-02-14", "close": 27.26, "volume": 14785682, "typical_volume": 25468596.35, "trend": 28.156, "fair_value": 32.707381, "relative_strength": -9.416786, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.219054, "energy": 26.773082, "activity_lines": [ 26.424, 26.758181, 29.328047, 29.33157 ] }, { "date": "2025-02-21", "close": 29.75, "volume": 21224291, "typical_volume": 25884939.65, "trend": 28.517, "fair_value": 32.60038, "relative_strength": -3.446993, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.582087, "energy": 14.596715, "activity_lines": [ 27.565333, 27.099091, 29.212762, 29.434408 ] }, { "date": "2025-02-28", "close": 28.08, "volume": 18527195, "typical_volume": 24300822.2, "trend": 28.73, "fair_value": 32.530596, "relative_strength": -5.637707, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.587515, "energy": 12.104038, "activity_lines": [ 27.965333, 27.229818, 28.939857, 29.406215 ] }, { "date": "2025-03-07", "close": 29.950001, "volume": 25562747, "typical_volume": 22303183.4, "trend": 29.089667, "fair_value": 32.477689, "relative_strength": -1.283654, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.459462, "energy": 13.321603, "activity_lines": [ 28.843334, 27.762182, 28.862762, 29.484925 ] }, { "date": "2025-03-14", "close": 29.969999, "volume": 17709767, "typical_volume": 20481438.6, "trend": 29.362666, "fair_value": 32.405791, "relative_strength": -2.291805, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.361074, "energy": 17.769328, "activity_lines": [ 29.376667, 28.286727, 28.818714, 29.54172 ] }, { "date": "2025-03-21", "close": 29.860001, "volume": 15726910, "typical_volume": 19772741.85, "trend": 29.552, "fair_value": 32.328395, "relative_strength": 0.263045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.774353, "energy": 16.839894, "activity_lines": [ 29.662667, 28.715455, 28.792905, 29.573806 ] }, { "date": "2025-03-28", "close": 26.719999, "volume": 14347969, "typical_volume": 19123252.6, "trend": 29.594333, "fair_value": 32.17889, "relative_strength": -9.024875, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.141621, "energy": 17.853634, "activity_lines": [ 28.728667, 28.496545, 28.477857, 29.391097 ] }, { "date": "2025-04-04", "close": 27.059999, "volume": 10220461, "typical_volume": 18584575.8, "trend": 29.747333, "fair_value": 32.067506, "relative_strength": -5.137064, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.652427, "energy": 21.346776, "activity_lines": [ 28.11, 28.344182, 28.235238, 29.227591 ] }, { "date": "2025-04-11", "close": 26.440001, "volume": 28229944, "typical_volume": 17816135.65, "trend": 29.894333, "fair_value": 31.977332, "relative_strength": -2.030161, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.019222, "energy": 36.504675, "activity_lines": [ 27.352667, 28.058, 27.958476, 29.014215 ] }, { "date": "2025-04-18", "close": 25.32, "volume": 11841678, "typical_volume": 16503191.9, "trend": 29.947, "fair_value": 31.889758, "relative_strength": -5.319198, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.940526, "energy": 60.038684, "activity_lines": [ 26.456, 27.536182, 27.634857, 28.719097 ] }, { "date": "2025-04-25", "close": 24.17, "volume": 7472680, "typical_volume": 15534215.7, "trend": 29.884333, "fair_value": 31.804837, "relative_strength": -10.54808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.346157, "energy": 69.594671, "activity_lines": [ 25.486, 26.832364, 27.241333, 28.346387 ] }, { "date": "2025-05-02", "close": 25.530001, "volume": 8031640, "typical_volume": 14595373.05, "trend": 29.733667, "fair_value": 31.729416, "relative_strength": -5.197654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.8831, "energy": 63.168315, "activity_lines": [ 25.348667, 26.432, 27.02481, 28.065462 ] }, { "date": "2025-05-09", "close": 30.23, "volume": 28347922, "typical_volume": 15029659.15, "trend": 29.681333, "fair_value": 31.694393, "relative_strength": 9.722925, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.89453, "energy": 22.544419, "activity_lines": [ 26.857334, 26.962909, 27.300476, 28.097484 ] }, { "date": "2025-05-16", "close": 28.18, "volume": 31503657, "typical_volume": 15881483.35, "trend": 29.404333, "fair_value": 31.661681, "relative_strength": 1.726959, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.743401, "energy": 13.826792, "activity_lines": [ 27.471334, 27.082, 27.38681, 28.000624 ] }, { "date": "2025-05-23", "close": 30.040001, "volume": 21846977, "typical_volume": 16547711.85, "trend": 29.205667, "fair_value": 31.640892, "relative_strength": 8.629444, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.568203, "energy": 15.077617, "activity_lines": [ 28.589334, 27.571455, 27.655714, 28.041634 ] }, { "date": "2025-05-30", "close": 30.24, "volume": 35625856, "typical_volume": 17824553.25, "trend": 29.149667, "fair_value": 31.621385, "relative_strength": 10.055516, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.463388, "energy": 25.142358, "activity_lines": [ 29.459334, 28.096, 27.923476, 28.108366 ] }, { "date": "2025-06-06", "close": 30.379999, "volume": 25914254, "typical_volume": 18041669.45, "trend": 28.991333, "fair_value": 31.57994, "relative_strength": 8.567289, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.602753, "energy": 31.357875, "activity_lines": [ 29.971333, 28.639091, 28.182667, 28.187742 ] }, { "date": "2025-06-13", "close": 31.43, "volume": 39132917, "typical_volume": 19398927.55, "trend": 28.962666, "fair_value": 31.553782, "relative_strength": 12.515454, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.413585, "energy": 43.541134, "activity_lines": [ 30.51, 29.306546, 28.525667, 28.345075 ] }, { "date": "2025-06-20", "close": 47.43, "volume": 126463612, "typical_volume": 25557857.85, "trend": 29.243666, "fair_value": 31.633462, "relative_strength": 69.09061, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.674922, "energy": 82.292216, "activity_lines": [ 36.302, 32.803636, 30.366143, 29.536516 ] }, { "date": "2025-06-27", "close": 41.689999, "volume": 114081210, "typical_volume": 30829868.45, "trend": 29.512, "fair_value": 31.666667, "relative_strength": 41.406509, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.330537, "energy": 78.644766, "activity_lines": [ 38.897333, 34.875454, 31.551619, 30.339505 ] }, { "date": "2025-07-04", "close": 45.66, "volume": 85716179, "typical_volume": 34376393.3, "trend": 29.896, "fair_value": 31.716923, "relative_strength": 50.64493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.086214, "energy": 84.34021, "activity_lines": [ 42.039333, 37.371454, 33.044333, 31.381312 ] }, { "date": "2025-07-11", "close": 42.880001, "volume": 68231903, "typical_volume": 36726773.9, "trend": 30.162333, "fair_value": 31.752051, "relative_strength": 37.231499, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.514794, "energy": 81.038626, "activity_lines": [ 43.226667, 38.971273, 34.184667, 32.218989 ] }, { "date": "2025-07-18", "close": 41.900002, "volume": 36224146, "typical_volume": 37611621.45, "trend": 30.51, "fair_value": 31.778782, "relative_strength": 29.867065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.447995, "energy": 66.970484, "activity_lines": [ 43.254001, 40.077455, 35.169143, 32.976258 ] }, { "date": "2025-07-25", "close": 42.080002, "volume": 44350031, "typical_volume": 38550985.65, "trend": 30.935333, "fair_value": 31.81391, "relative_strength": 26.168945, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.188239, "energy": 49.484646, "activity_lines": [ 42.643335, 41.004183, 36.104953, 33.72271 ] }, { "date": "2025-08-01", "close": 43.77, "volume": 53014855, "typical_volume": 40316240.05, "trend": 31.534333, "fair_value": 31.857115, "relative_strength": 32.116713, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.725267, "energy": 44.575141, "activity_lines": [ 42.952668, 41.985455, 37.143953, 34.550753 ] }, { "date": "2025-08-08", "close": 62.099998, "volume": 105467045, "typical_volume": 44803246.8, "trend": 32.749667, "fair_value": 32.029872, "relative_strength": 81.316482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.202223, "energy": 60.706327, "activity_lines": [ 49.233333, 46.049818, 39.862953, 36.522731 ] }, { "date": "2025-08-15", "close": 56.0, "volume": 90816000, "typical_volume": 48626648.35, "trend": 33.717, "fair_value": 32.146667, "relative_strength": 54.269668, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.906082, "energy": 57.411907, "activity_lines": [ 52.384667, 48.425818, 41.847476, 38.022753 ] }, { "date": "2025-08-22", "close": 56.560001, "volume": 56955153, "typical_volume": 50963382.95, "trend": 34.739, "fair_value": 32.269038, "relative_strength": 47.467301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.359162, "energy": 71.130538, "activity_lines": [ 54.848, 50.437819, 43.745905, 39.496495 ] }, { "date": "2025-08-29", "close": 55.689999, "volume": 62440149, "typical_volume": 52673893.2, "trend": 35.772667, "fair_value": 32.38, "relative_strength": 38.010265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.62731, "energy": 68.785252, "activity_lines": [ 56.044, 51.834727, 45.421, 40.848172 ] }, { "date": "2025-09-05", "close": 43.98, "volume": 46972596, "typical_volume": 54430439.1, "trend": 36.345, "fair_value": 32.419487, "relative_strength": 9.421747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.768216, "energy": 41.633628, "activity_lines": [ 52.429333, 50.952364, 45.841572, 41.377678 ] }, { "date": "2025-09-12", "close": 45.91, "volume": 30299821, "typical_volume": 55571796.15, "trend": 36.966667, "fair_value": 32.480641, "relative_strength": 10.746525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.977605, "energy": 26.923515, "activity_lines": [ 49.444, 50.379273, 46.357095, 41.994774 ] }, { "date": "2025-09-19", "close": 43.48, "volume": 27476036, "typical_volume": 56544015.95, "trend": 37.424333, "fair_value": 32.544295, "relative_strength": 3.46752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.819483, "energy": 21.793795, "activity_lines": [ 46.728, 49.359818, 46.537667, 42.414989 ] }, { "date": "2025-09-26", "close": 41.59, "volume": 21658867, "typical_volume": 56209563.2, "trend": 37.874667, "fair_value": 32.59109, "relative_strength": -2.305112, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.835798, "energy": 24.271581, "activity_lines": [ 44.216667, 47.985818, 46.452762, 42.683742 ] }, { "date": "2025-10-03", "close": 42.66, "volume": 8676955, "typical_volume": 55068228.1, "trend": 38.298333, "fair_value": 32.649167, "relative_strength": -2.318738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.920004, "energy": 21.156058, "activity_lines": [ 43.06, 46.812, 46.415667, 42.992473 ] }, { "date": "2025-10-10", "close": 48.73, "volume": 21571939, "typical_volume": 55054476.2, "trend": 38.923667, "fair_value": 32.755385, "relative_strength": 12.682055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.49097, "energy": 16.227234, "activity_lines": [ 44.795333, 46.731273, 46.887714, 43.665484 ] }, { "date": "2025-10-17", "close": 46.75, "volume": 58953891, "typical_volume": 56220877.95, "trend": 39.486667, "fair_value": 32.833654, "relative_strength": 13.672722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.334601, "energy": 10.51185, "activity_lines": [ 45.554, 46.200364, 47.082191, 44.170409 ] }, { "date": "2025-10-24", "close": 44.830002, "volume": 32618653, "typical_volume": 56556097.9, "trend": 40.090333, "fair_value": 32.894295, "relative_strength": 4.090956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.934173, "energy": 12.92867, "activity_lines": [ 45.616667, 45.599455, 47.015191, 44.51514 ] }, { "date": "2025-10-31", "close": 47.07, "volume": 49061348, "typical_volume": 57052519.45, "trend": 40.757334, "fair_value": 32.961859, "relative_strength": 8.265657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.516101, "energy": 15.898927, "activity_lines": [ 46.336001, 45.608909, 47.092714, 44.965441 ] }, { "date": "2025-11-07", "close": 45.380001, "volume": 30014025, "typical_volume": 52230040.1, "trend": 41.388667, "fair_value": 33.028077, "relative_strength": 4.03058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.137599, "energy": 13.494799, "activity_lines": [ 46.126667, 45.483637, 46.93481, 45.263678 ] }, { "date": "2025-11-14", "close": 45.080002, "volume": 19686608, "typical_volume": 47510310.0, "trend": 42.047334, "fair_value": 33.105769, "relative_strength": 4.561673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.945517, "energy": 10.66564, "activity_lines": [ 45.636001, 45.491274, 46.758096, 45.501828 ] }, { "date": "2025-11-21", "close": 45.580002, "volume": 52172936, "typical_volume": 45833147.85, "trend": 42.761, "fair_value": 33.171859, "relative_strength": 11.50422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.368104, "energy": 7.68038, "activity_lines": [ 45.555335, 45.569819, 46.612858, 45.729742 ] }, { "date": "2025-11-28", "close": 45.939999, "volume": 46852975, "typical_volume": 44764201.45, "trend": 43.441334, "fair_value": 33.247756, "relative_strength": 8.289295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.040605, "energy": 6.660419, "activity_lines": [ 45.672667, 45.719819, 46.502286, 45.934839 ] }, { "date": "2025-12-05", "close": 43.82, "volume": 20499490, "typical_volume": 43977968.65, "trend": 43.894334, "fair_value": 33.305769, "relative_strength": 1.905248, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.554503, "energy": 5.865618, "activity_lines": [ 45.009334, 45.439637, 46.175239, 45.959269 ] }, { "date": "2025-12-12", "close": 42.27, "volume": 20131207, "typical_volume": 42767027.45, "trend": 44.364, "fair_value": 33.366474, "relative_strength": -2.480406, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.036632, "energy": 21.873928, "activity_lines": [ 44.046, 44.837091, 45.691429, 45.854473 ] }, { "date": "2025-12-19", "close": 40.349998, "volume": 16571320, "typical_volume": 40944850.7, "trend": 44.707667, "fair_value": 33.410962, "relative_strength": -6.136585, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.579367, "energy": 38.769183, "activity_lines": [ 42.649999, 43.892546, 45.023857, 45.595506 ] }, { "date": "2025-12-26", "close": 40.939999, "volume": 15067056, "typical_volume": 36424851.25, "trend": 45.064333, "fair_value": 33.462308, "relative_strength": -8.149977, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.975164, "energy": 44.81648, "activity_lines": [ 41.765999, 43.207636, 44.428762, 45.35243 ] }, { "date": "2026-01-02", "close": 40.490002, "volume": 9428932, "typical_volume": 32355497.85, "trend": 45.401334, "fair_value": 33.518462, "relative_strength": -8.836843, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.295613, "energy": 56.603531, "activity_lines": [ 41.041333, 42.546546, 43.891572, 45.057312 ] }, { "date": "2026-01-09", "close": 44.459999, "volume": 25983149, "typical_volume": 30806897.65, "trend": 45.835667, "fair_value": 33.611731, "relative_strength": -4.414834, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.335486, "energy": 44.833315, "activity_lines": [ 42.003333, 42.686182, 43.806333, 44.996581 ] }, { "date": "2026-01-16", "close": 42.57, "volume": 26712951, "typical_volume": 29020537.75, "trend": 45.673667, "fair_value": 33.690769, "relative_strength": -9.681237, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.945895, "energy": 29.283002, "activity_lines": [ 42.292667, 42.529636, 43.598714, 44.785893 ] }, { "date": "2026-01-23", "close": 41.459999, "volume": 15465243, "typical_volume": 27445170.1, "trend": 45.666, "fair_value": 33.759423, "relative_strength": -13.181859, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.678306, "energy": 27.487486, "activity_lines": [ 42.192, 42.222363, 43.347857, 44.514043 ] }, { "date": "2026-01-30", "close": 41.279999, "volume": 26492379, "typical_volume": 27254798.0, "trend": 45.52, "fair_value": 33.827115, "relative_strength": -12.378717, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.173406, "energy": 22.687966, "activity_lines": [ 41.957333, 41.948181, 43.091857, 44.231075 ] }, { "date": "2026-02-06", "close": 41.389999, "volume": 19842659, "typical_volume": 26873129.15, "trend": 45.470333, "fair_value": 33.893333, "relative_strength": -10.484369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.676775, "energy": 28.766071, "activity_lines": [ 41.736666, 41.772181, 42.868381, 43.964624 ] }, { "date": "2026-02-13", "close": 43.459999, "volume": 30121049, "typical_volume": 27296238.25, "trend": 45.522333, "fair_value": 33.972821, "relative_strength": -7.589109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.930858, "energy": 20.957156, "activity_lines": [ 42.145999, 42.055272, 42.852, 43.834925 ] }, { "date": "2026-02-27", "close": 45.380001, "volume": 22050500, "typical_volume": 27964915.5, "trend": 45.632333, "fair_value": 34.032372, "relative_strength": -6.364295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.201091, "energy": 11.167052, "activity_lines": [ 43.262, 42.694, 43.009571, 43.825742 ] }, { "date": "2026-03-06", "close": 51.23, "volume": 85255274, "typical_volume": 31149082.25, "trend": 45.881, "fair_value": 34.113974, "relative_strength": 7.512602, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 31.125304, "energy": 27.143931, "activity_lines": [ 46.140667, 44.339818, 43.711333, 44.186882 ] }, { "date": "2026-03-13", "close": 46.119999, "volume": 50775649, "typical_volume": 30740170.15, "trend": 45.348333, "fair_value": 34.172436, "relative_strength": -4.200569, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 12.414606, "energy": 24.555568, "activity_lines": [ 46.664666, 44.858727, 43.914524, 44.202301 ] }, { "date": "2026-03-20", "close": 43.0, "volume": 37414380, "typical_volume": 30979956.5, "trend": 44.915, "fair_value": 34.205833, "relative_strength": -8.205203, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.034735, "energy": 17.246004, "activity_lines": [ 45.826, 44.716181, 43.823571, 44.050796 ] }, { "date": "2026-03-27", "close": 48.799999, "volume": 64892033, "typical_volume": 31771490.75, "trend": 44.656333, "fair_value": 34.28609, "relative_strength": 4.52986, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.280839, "energy": 32.158193, "activity_lines": [ 46.813333, 45.582545, 44.293714, 44.301441 ] }, { "date": "2026-04-03", "close": 44.900002, "volume": 45896802, "typical_volume": 32565629.6, "trend": 44.296667, "fair_value": 34.341859, "relative_strength": -1.360738, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.746466, "energy": 21.297268, "activity_lines": [ 46.144667, 45.660909, 44.38419, 44.317161 ] }, { "date": "2026-04-10", "close": 41.599998, "volume": 31629808, "typical_volume": 33162789.6, "trend": 44.217333, "fair_value": 34.362564, "relative_strength": -14.862149, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.308136, "energy": 7.010234, "activity_lines": [ 44.408, 45.096909, 44.162666, 44.143183 ] }, { "date": "2026-04-17", "close": 40.5, "volume": 23128853, "typical_volume": 31710585.45, "trend": 44.037, "fair_value": 34.387244, "relative_strength": -20.334934, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.366599, "energy": 15.007948, "activity_lines": [ 42.946666, 44.330363, 43.852952, 43.903355 ] }, { "date": "2026-04-24", "close": 38.299999, "volume": 21838020, "typical_volume": 30459837.7, "trend": 43.864333, "fair_value": 34.394423, "relative_strength": -24.928596, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.781593, "energy": 36.68397, "activity_lines": [ 41.126666, 43.178, 43.357904, 43.533226 ] }, { "date": "2026-05-01", "close": 39.299999, "volume": 11244113, "typical_volume": 29997068.85, "trend": 43.788, "fair_value": 34.40641, "relative_strength": -23.891644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.375824, "energy": 48.244887, "activity_lines": [ 39.953333, 42.263636, 42.994476, 43.238752 ] }, { "date": "2026-05-08", "close": 40.119999, "volume": 11244431, "typical_volume": 29552730.05, "trend": 43.703333, "fair_value": 34.430128, "relative_strength": -24.580838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.30133, "energy": 51.994635, "activity_lines": [ 39.686666, 41.573999, 42.730666, 43.002107 ] }, { "date": "2026-05-15", "close": 38.599998, "volume": 24925181, "typical_volume": 29970423.1, "trend": 43.365666, "fair_value": 34.459615, "relative_strength": -27.220222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.741334, "energy": 51.815178, "activity_lines": [ 39.231999, 40.703635, 42.332333, 42.67286 ] }, { "date": "2026-05-22", "close": 38.630001, "volume": 18132352, "typical_volume": 30123687.9, "trend": 43.095, "fair_value": 34.48609, "relative_strength": -27.211687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.804586, "energy": 43.578485, "activity_lines": [ 38.987333, 40.068363, 41.94519, 42.367333 ] }, { "date": "2026-05-29", "close": 33.419998, "volume": 18640437, "typical_volume": 30584263.15, "trend": 42.714666, "fair_value": 34.487756, "relative_strength": -36.645706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.888364, "energy": 55.437282, "activity_lines": [ 37.130666, 38.621999, 41.072856, 41.743139 ] }, { "date": "2026-06-05", "close": 32.950001, "volume": 2530900, "typical_volume": 29411650.7, "trend": 42.244, "fair_value": 34.459231, "relative_strength": -36.162667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.602743, "energy": 71.218928, "activity_lines": [ 35.442666, 37.264363, 40.189428, 41.113161 ] }, { "date": "2026-06-12", "close": 32.830002, "volume": 3120350, "typical_volume": 28232020.65, "trend": 41.825666, "fair_value": 34.427244, "relative_strength": -34.607466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.490832, "energy": 78.317561, "activity_lines": [ 34.138001, 36.173091, 39.349381, 40.505806 ] }, { "date": "2026-06-19", "close": 30.68, "volume": 10797428, "typical_volume": 27998629.9, "trend": 41.345666, "fair_value": 34.385641, "relative_strength": -42.566378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.809497, "energy": 85.157649, "activity_lines": [ 32.602667, 34.910364, 38.350952, 39.786731 ] }, { "date": "2026-06-26", "close": 28.33, "volume": 2227917, "typical_volume": 26785406.8, "trend": 40.770666, "fair_value": 34.322756, "relative_strength": -45.199068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.400888, "energy": 92.506163, "activity_lines": [ 30.812, 33.418909, 37.180047, 38.94701 ] }, { "date": "2026-07-03", "close": 30.77, "volume": 2894423, "typical_volume": 25937995.0, "trend": 40.265, "fair_value": 34.268205, "relative_strength": -39.04276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.657268, "energy": 86.873142, "activity_lines": [ 30.521334, 32.592364, 36.30319, 38.301806 ] }, { "date": "2026-07-10", "close": 30.34, "volume": 13610816, "typical_volume": 25112483.35, "trend": 39.815666, "fair_value": 34.204551, "relative_strength": -36.820024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.261203, "energy": 85.955402, "activity_lines": [ 30.264, 31.824546, 35.435952, 37.661484 ] }, { "date": "2026-07-17", "close": 27.58, "volume": 11948966, "typical_volume": 24607406.65, "trend": 39.326, "fair_value": 34.124744, "relative_strength": -36.185841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.337767, "energy": 89.523019, "activity_lines": [ 29.260667, 30.717818, 34.368333, 36.872086 ] }, { "date": "2026-07-24", "close": 32.810001, "volume": 40981859, "typical_volume": 22393735.9, "trend": 39.074666, "fair_value": 34.059487, "relative_strength": -23.78099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.045632, "energy": 53.526901, "activity_lines": [ 30.350667, 30.79, 33.883571, 36.451699 ] }, { "date": "2026-07-31", "close": 34.98, "volume": 53990884, "typical_volume": 22554497.65, "trend": 38.876, "fair_value": 34.021154, "relative_strength": -16.959548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.268746, "energy": 36.140909, "activity_lines": [ 32.022, 31.362, 33.69319, 36.187527 ] }, { "date": "2026-08-07", "close": 34.759998, "volume": 31608720, "typical_volume": 22264214.65, "trend": 38.685, "fair_value": 33.999872, "relative_strength": -20.94176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.656743, "energy": 23.53826, "activity_lines": [ 33.176666, 31.960364, 33.534905, 35.921978 ] } ], "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." } } }