{ "ticker": { "uuid": "a3adbe97-fdaa-489b-b979-a353021d81e1", "symbol": "002849", "name": "Zhejiang Viewshine Intelligent Meter 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 49.04, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -52.55, "architecture_energy": 46.901, "architecture_maturity": 13.331, "architecture_confidence": 75.102, "architecture_tenure": "Developing", "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": 15.19, "rotation_up": 16.54, "upward_expansion": 9.96, "deceleration": 41.9, "rotation_down": 63.95, "downward_expansion": 83.3 }, "activity_lines": [ 14.688122, 15.063464, 15.865356, 16.402815 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 16.85, "trend_reference": 17.135081, "distance_from_trend": -0.016637, "trend_direction": "Improving", "fair_value": 15.453861, "distance_from_fair_value": 0.090342, "fair_value_direction": "Weakening", "relative_strength": 1.030486, "relative_strength_direction": "Improving", "price_momentum": -0.125584, "excess_performance": -0.132984, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.016637, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.022176, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.090342, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.031085, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.010305, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.133976, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.125584, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.010831, "read": "Demand-led" } ], "volume": { "latest": 39060770, "relative_activity": 1.236341, "balance": 1.010831, "dry_up": 1.036437, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.115275, "annualized_volatility": 0.530046, "from_high_reference": -0.165842, "from_low_reference": 0.402998 }, "levels": { "trend_reference": 17.135081, "fair_value_reference": 15.453861, "structural_low": 12.01, "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": 17, "median_return": -0.018591, "positive_rate": 0.470588, "directional_follow_through": 0.529412, "median_excess_return": -0.031606, "regime_survival": 0.705882, "best_return": 0.234859, "worst_return": -0.167596, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.113847, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.058196, "regime_survival": 0.333333, "best_return": 0.994089, "worst_return": -0.31095, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.061216, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": -0.139847, "regime_survival": 0.4, "best_return": 0.651232, "worst_return": -0.398119, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.093597, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.148211, "regime_survival": 0.0, "best_return": 0.7266, "worst_return": -0.006154, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-26", "end": "2024-09-27", "tenure": "Established", "return": -0.09307, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": 0.33985, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.087799, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-04-11", "tenure": "Established", "return": -0.077223, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.143534, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-06-13", "tenure": "Developing", "return": -0.178935, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-08-15", "tenure": "Developing", "return": 0.079057, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-10-17", "tenure": "Developing", "return": -0.148897, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2026-01-02", "tenure": "Developing", "return": 0.115007, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": 0.129915, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": -0.159834, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-06-05", "tenure": "Developing", "return": 0.012758, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": -0.03125, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.031325, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.445527, "volume": 38618716, "typical_volume": 22814675.0, "trend": 15.314386, "fair_value": 10.414533, "relative_strength": 17.380654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.562392, "energy": 19.452449, "activity_lines": [ 16.909904, 17.338056, 16.24732, 15.838812 ] }, { "date": "2023-08-04", "close": 15.117534, "volume": 13605890, "typical_volume": 22618608.35, "trend": 15.383391, "fair_value": 10.448709, "relative_strength": 12.277916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.138558, "energy": 18.173724, "activity_lines": [ 16.178379, 16.995863, 16.204529, 15.826112 ] }, { "date": "2023-08-11", "close": 15.336197, "volume": 17236534, "typical_volume": 22684898.65, "trend": 15.425467, "fair_value": 10.482802, "relative_strength": 17.123231, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.210522, "energy": 20.785204, "activity_lines": [ 15.747017, 16.674194, 16.183964, 15.823067 ] }, { "date": "2023-08-18", "close": 14.700087, "volume": 12778348, "typical_volume": 22771957.05, "trend": 15.443979, "fair_value": 10.509577, "relative_strength": 14.791752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.711748, "energy": 24.274245, "activity_lines": [ 15.227528, 16.204341, 16.102235, 15.776268 ] }, { "date": "2023-08-25", "close": 14.203127, "volume": 14503225, "typical_volume": 22904575.8, "trend": 15.447814, "fair_value": 10.535011, "relative_strength": 13.348142, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.055168, "energy": 30.501811, "activity_lines": [ 14.767011, 15.682984, 15.971441, 15.696213 ] }, { "date": "2023-09-01", "close": 16.290359, "volume": 22251039, "typical_volume": 23366727.6, "trend": 15.503053, "fair_value": 10.57333, "relative_strength": 24.309398, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.116494, "energy": 17.364833, "activity_lines": [ 15.210299, 15.637083, 16.039692, 15.750571 ] }, { "date": "2023-09-08", "close": 15.743704, "volume": 18051953, "typical_volume": 23794696.5, "trend": 15.508685, "fair_value": 10.608505, "relative_strength": 20.891594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.550028, "energy": 14.132274, "activity_lines": [ 15.415047, 15.550341, 16.047316, 15.766097 ] }, { "date": "2023-09-15", "close": 15.256682, "volume": 16424246, "typical_volume": 24173414.3, "trend": 15.515309, "fair_value": 10.638938, "relative_strength": 17.355447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.346525, "energy": 11.583413, "activity_lines": [ 15.41571, 15.425649, 15.999493, 15.749839 ] }, { "date": "2023-09-22", "close": 15.405771, "volume": 14150400, "typical_volume": 24729247.8, "trend": 15.50826, "fair_value": 10.669291, "relative_strength": 16.869781, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.354399, "energy": 6.418075, "activity_lines": [ 15.471369, 15.363303, 15.958652, 15.742772 ] }, { "date": "2023-09-29", "close": 15.803338, "volume": 11133843, "typical_volume": 24847319.25, "trend": 15.509272, "fair_value": 10.705478, "relative_strength": 19.422636, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.587298, "energy": 5.262044, "activity_lines": [ 15.612506, 15.421673, 15.946332, 15.761809 ] }, { "date": "2023-10-13", "close": 17.244526, "volume": 43586544, "typical_volume": 26458888.25, "trend": 15.547941, "fair_value": 10.746089, "relative_strength": 29.328421, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.41722, "energy": 24.220734, "activity_lines": [ 16.127358, 15.769727, 16.056863, 15.873761 ] }, { "date": "2023-10-20", "close": 17.741486, "volume": 73793244, "typical_volume": 29601443.7, "trend": 15.625592, "fair_value": 10.793485, "relative_strength": 38.118684, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.858559, "energy": 38.99738, "activity_lines": [ 16.744251, 16.175427, 16.198446, 16.01528 ] }, { "date": "2023-10-27", "close": 18.79504, "volume": 71279967, "typical_volume": 32583163.0, "trend": 15.74497, "fair_value": 10.84912, "relative_strength": 41.323277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.530774, "energy": 61.103815, "activity_lines": [ 17.579145, 16.724975, 16.422836, 16.21976 ] }, { "date": "2023-11-03", "close": 17.999905, "volume": 49468611, "typical_volume": 32870621.95, "trend": 15.867105, "fair_value": 10.897992, "relative_strength": 32.603583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.003382, "energy": 65.057401, "activity_lines": [ 17.913102, 17.067065, 16.546508, 16.36524 ] }, { "date": "2023-11-10", "close": 17.403551, "volume": 38105767, "typical_volume": 30906325.4, "trend": 15.971957, "fair_value": 10.943222, "relative_strength": 25.389243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.272776, "energy": 60.997943, "activity_lines": [ 17.875333, 17.240729, 16.607847, 16.464366 ] }, { "date": "2023-11-17", "close": 18.944128, "volume": 37169940, "typical_volume": 31264875.65, "trend": 16.120375, "fair_value": 10.996663, "relative_strength": 34.957274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.389283, "energy": 62.174086, "activity_lines": [ 18.244408, 17.63631, 16.8258, 16.656118 ] }, { "date": "2023-11-24", "close": 20.574158, "volume": 86164928, "typical_volume": 32702248.05, "trend": 16.344837, "fair_value": 11.064197, "relative_strength": 46.80892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.996494, "energy": 66.166523, "activity_lines": [ 19.04352, 18.280009, 17.201691, 16.943459 ] }, { "date": "2023-12-01", "close": 21.528322, "volume": 64009262, "typical_volume": 34291309.65, "trend": 16.604408, "fair_value": 11.136903, "relative_strength": 53.260991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.692025, "energy": 73.29183, "activity_lines": [ 19.971842, 19.009366, 17.658705, 17.277878 ] }, { "date": "2023-12-08", "close": 18.884495, "volume": 52068401, "typical_volume": 35632965.9, "trend": 16.785763, "fair_value": 11.194056, "relative_strength": 35.349028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.183304, "energy": 60.974309, "activity_lines": [ 19.83667, 19.143997, 17.843291, 17.42498 ] }, { "date": "2023-12-15", "close": 18.248384, "volume": 37990840, "typical_volume": 36619584.9, "trend": 16.968097, "fair_value": 11.246636, "relative_strength": 32.027486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.243288, "energy": 42.61044, "activity_lines": [ 19.430487, 19.099723, 17.963413, 17.519343 ] }, { "date": "2023-12-22", "close": 17.691788, "volume": 29257882, "typical_volume": 36151543.2, "trend": 17.096952, "fair_value": 11.296684, "relative_strength": 29.172565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.676869, "energy": 26.159305, "activity_lines": [ 18.782451, 18.909793, 18.026125, 17.566032 ] }, { "date": "2023-12-29", "close": 18.54656, "volume": 23298435, "typical_volume": 36636170.45, "trend": 17.246512, "fair_value": 11.351446, "relative_strength": 29.91975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.387934, "energy": 19.283966, "activity_lines": [ 18.502828, 18.867145, 18.159547, 17.659556 ] }, { "date": "2024-01-05", "close": 18.009844, "volume": 12067500, "typical_volume": 36377718.75, "trend": 17.395269, "fair_value": 11.407762, "relative_strength": 30.456844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.825499, "energy": 19.148392, "activity_lines": [ 18.179472, 18.712274, 18.225524, 17.708803 ] }, { "date": "2024-01-12", "close": 18.03966, "volume": 14086630, "typical_volume": 36443132.85, "trend": 17.435357, "fair_value": 11.466385, "relative_strength": 31.052382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.509728, "energy": 17.638357, "activity_lines": [ 18.100621, 18.577101, 18.281609, 17.750376 ] }, { "date": "2024-01-19", "close": 16.200905, "volume": 24804134, "typical_volume": 36958178.3, "trend": 17.326026, "fair_value": 11.514706, "relative_strength": 19.586678, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.644222, "energy": 9.471351, "activity_lines": [ 17.465174, 18.106885, 18.146673, 17.670734 ] }, { "date": "2024-01-26", "close": 16.04188, "volume": 23261710, "typical_volume": 37008711.85, "trend": 17.2104, "fair_value": 11.563177, "relative_strength": 17.847397, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.468012, "energy": 23.408852, "activity_lines": [ 16.913217, 17.629623, 17.987077, 17.587886 ] }, { "date": "2024-02-02", "close": 12.801699, "volume": 26347170, "typical_volume": 37423472.7, "trend": 17.019567, "fair_value": 11.595379, "relative_strength": 1.772164, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.834704, "energy": 56.943543, "activity_lines": [ 15.391193, 16.616005, 17.520077, 17.303454 ] }, { "date": "2024-02-09", "close": 11.479784, "volume": 33130089, "typical_volume": 38258764.85, "trend": 16.829065, "fair_value": 11.620141, "relative_strength": -16.740055, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.722883, "energy": 72.449198, "activity_lines": [ 13.811522, 15.503356, 16.941189, 16.946049 ] }, { "date": "2024-02-23", "close": 14.680209, "volume": 31667617, "typical_volume": 39134625.7, "trend": 16.71609, "fair_value": 11.664519, "relative_strength": 3.146903, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.887758, "energy": 63.46423, "activity_lines": [ 13.733996, 15.155303, 16.685089, 16.807413 ] }, { "date": "2024-03-01", "close": 14.560938, "volume": 31693746, "typical_volume": 40162620.85, "trend": 16.623986, "fair_value": 11.709167, "relative_strength": -1.962738, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.219245, "energy": 59.621876, "activity_lines": [ 13.840677, 14.862006, 16.421084, 16.668371 ] }, { "date": "2024-03-08", "close": 14.42179, "volume": 55182813, "typical_volume": 40742434.3, "trend": 16.589862, "fair_value": 11.754409, "relative_strength": -2.474121, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.546667, "energy": 49.101194, "activity_lines": [ 14.010306, 14.610454, 16.149744, 16.526293 ] }, { "date": "2024-03-15", "close": 16.817139, "volume": 80389939, "typical_volume": 41072269.05, "trend": 16.646515, "fair_value": 11.81424, "relative_strength": 10.27859, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.358858, "energy": 20.750406, "activity_lines": [ 15.086391, 14.853874, 16.119974, 16.540957 ] }, { "date": "2024-03-22", "close": 16.618353, "volume": 47690790, "typical_volume": 39892810.2, "trend": 16.689254, "fair_value": 11.870367, "relative_strength": 9.074164, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.234236, "energy": 19.582569, "activity_lines": [ 15.828518, 15.092595, 16.075673, 16.53914 ] }, { "date": "2024-03-29", "close": 15.41571, "volume": 66946315, "typical_volume": 40766695.4, "trend": 16.713108, "fair_value": 11.916309, "relative_strength": 2.614829, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.134113, "energy": 19.29697, "activity_lines": [ 15.827193, 15.137954, 15.9272, 16.456976 ] }, { "date": "2024-04-05", "close": 15.226865, "volume": 26090120, "typical_volume": 40165913.05, "trend": 16.747232, "fair_value": 11.960816, "relative_strength": -0.514898, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.211288, "energy": 19.057898, "activity_lines": [ 15.713886, 15.196686, 15.773048, 16.361089 ] }, { "date": "2024-04-12", "close": 14.083857, "volume": 22787442, "typical_volume": 39446788.15, "trend": 16.673682, "fair_value": 11.998176, "relative_strength": -5.171782, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.675267, "energy": 20.844662, "activity_lines": [ 15.175181, 15.065308, 15.520403, 16.189258 ] }, { "date": "2024-04-19", "close": 12.612853, "volume": 39029700, "typical_volume": 37090026.75, "trend": 16.569321, "fair_value": 12.026152, "relative_strength": -15.714114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.444447, "energy": 42.146235, "activity_lines": [ 14.168671, 14.702075, 15.150806, 15.927269 ] }, { "date": "2024-04-26", "close": 13.447747, "volume": 33985950, "typical_volume": 35588861.15, "trend": 16.509023, "fair_value": 12.059029, "relative_strength": -12.088542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.518696, "energy": 50.234798, "activity_lines": [ 13.720744, 14.494074, 14.898635, 15.725877 ] }, { "date": "2024-05-03", "close": 13.78568, "volume": 16069399, "typical_volume": 33788911.05, "trend": 16.45502, "fair_value": 12.094028, "relative_strength": -11.279542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.774647, "energy": 53.192635, "activity_lines": [ 13.596835, 14.311735, 14.717126, 15.550178 ] }, { "date": "2024-05-10", "close": 13.209207, "volume": 21307486, "typical_volume": 32954743.35, "trend": 16.368549, "fair_value": 12.125061, "relative_strength": -16.392911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.471253, "energy": 59.213493, "activity_lines": [ 13.389437, 14.040847, 14.504995, 15.340771 ] }, { "date": "2024-05-17", "close": 12.901091, "volume": 18093209, "typical_volume": 32396509.7, "trend": 16.223768, "fair_value": 12.15376, "relative_strength": -18.28188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.502439, "energy": 54.94229, "activity_lines": [ 13.213845, 13.738514, 14.287515, 15.117064 ] }, { "date": "2024-05-24", "close": 12.215285, "volume": 16119931, "typical_volume": 32037584.5, "trend": 16.039561, "fair_value": 12.178062, "relative_strength": -20.414534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.608015, "energy": 61.154297, "activity_lines": [ 12.888501, 13.339139, 14.027534, 14.858452 ] }, { "date": "2024-05-31", "close": 12.324616, "volume": 13223453, "typical_volume": 32095382.15, "trend": 15.82388, "fair_value": 12.20707, "relative_strength": -19.252326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.567566, "energy": 65.559172, "activity_lines": [ 12.626106, 13.043312, 13.808114, 14.618778 ] }, { "date": "2024-06-07", "close": 11.079267, "volume": 30786640, "typical_volume": 32930382.65, "trend": 15.593192, "fair_value": 12.229175, "relative_strength": -26.479474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.111964, "energy": 74.306348, "activity_lines": [ 12.02347, 12.599125, 13.497162, 14.312674 ] }, { "date": "2024-06-14", "close": 11.587856, "volume": 17123040, "typical_volume": 32546327.95, "trend": 15.399336, "fair_value": 12.25247, "relative_strength": -23.094811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.365563, "energy": 76.161823, "activity_lines": [ 11.77079, 12.326254, 13.267792, 14.054265 ] }, { "date": "2024-06-21", "close": 11.198935, "volume": 13474921, "typical_volume": 32056988.5, "trend": 15.141163, "fair_value": 12.270797, "relative_strength": -23.847613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.411899, "energy": 75.461224, "activity_lines": [ 11.496561, 12.048834, 13.023349, 13.783272 ] }, { "date": "2024-06-28", "close": 11.129128, "volume": 15576309, "typical_volume": 31518445.45, "trend": 14.826328, "fair_value": 12.289306, "relative_strength": -22.043842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.519923, "energy": 77.508866, "activity_lines": [ 11.31254, 11.811175, 12.795318, 13.524431 ] }, { "date": "2024-07-05", "close": 10.650456, "volume": 11628834, "typical_volume": 30443382.7, "trend": 14.463733, "fair_value": 12.304837, "relative_strength": -23.591508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.495916, "energy": 76.719499, "activity_lines": [ 11.041372, 11.513461, 12.529665, 13.255019 ] }, { "date": "2024-07-12", "close": 10.750179, "volume": 14142714, "typical_volume": 29567137.55, "trend": 14.192589, "fair_value": 12.318938, "relative_strength": -23.831107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.886873, "energy": 67.048669, "activity_lines": [ 10.915055, 11.284739, 12.277458, 13.015435 ] }, { "date": "2024-07-19", "close": 10.19173, "volume": 12713600, "typical_volume": 28618130.25, "trend": 13.924034, "fair_value": 12.327388, "relative_strength": -27.808192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.861638, "energy": 78.263332, "activity_lines": [ 10.624528, 11.009671, 11.990781, 12.757315 ] }, { "date": "2024-07-26", "close": 10.221646, "volume": 11240520, "typical_volume": 26421015.6, "trend": 13.675029, "fair_value": 12.33585, "relative_strength": -24.614765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.312571, "energy": 80.538241, "activity_lines": [ 10.437048, 10.794906, 11.727758, 12.518452 ] }, { "date": "2024-08-02", "close": 10.311398, "volume": 12159371, "typical_volume": 23009487.2, "trend": 13.400524, "fair_value": 12.346553, "relative_strength": -23.193174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.333059, "energy": 74.186697, "activity_lines": [ 10.344639, 10.645177, 11.493283, 12.301443 ] }, { "date": "2024-08-09", "close": 10.072062, "volume": 10445050, "typical_volume": 21147200.2, "trend": 13.135931, "fair_value": 12.355676, "relative_strength": -23.367373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.744494, "energy": 76.828271, "activity_lines": [ 10.226965, 10.486548, 11.266994, 12.086704 ] }, { "date": "2024-08-16", "close": 10.002254, "volume": 10493195, "typical_volume": 18324544.2, "trend": 12.868017, "fair_value": 12.365837, "relative_strength": -23.360372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.256467, "energy": 64.327218, "activity_lines": [ 10.124582, 10.356182, 11.06523, 11.884531 ] }, { "date": "2024-08-23", "close": 9.084799, "volume": 17669930, "typical_volume": 17903534.7, "trend": 12.630814, "fair_value": 12.369304, "relative_strength": -28.690579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.758634, "energy": 68.246264, "activity_lines": [ 9.766243, 10.078588, 10.801868, 11.640453 ] }, { "date": "2024-08-30", "close": 9.553499, "volume": 14299414, "typical_volume": 17479133.3, "trend": 12.414534, "fair_value": 12.378938, "relative_strength": -26.269831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.917714, "energy": 61.381513, "activity_lines": [ 9.637932, 9.931723, 10.612391, 11.441916 ] }, { "date": "2024-09-06", "close": 10.002254, "volume": 29321235, "typical_volume": 16993710.05, "trend": 12.32122, "fair_value": 12.389234, "relative_strength": -20.570447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.96081, "energy": 55.402248, "activity_lines": [ 9.703749, 9.896366, 10.487226, 11.286285 ] }, { "date": "2024-09-13", "close": 10.121922, "volume": 20781979, "typical_volume": 16333511.5, "trend": 12.275958, "fair_value": 12.399032, "relative_strength": -17.843093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.054771, "energy": 50.337075, "activity_lines": [ 9.830065, 9.903256, 10.38589, 11.144395 ] }, { "date": "2024-09-20", "close": 10.161812, "volume": 6401500, "typical_volume": 15850116.55, "trend": 12.125344, "fair_value": 12.41121, "relative_strength": -18.176672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.466166, "energy": 36.572751, "activity_lines": [ 9.966354, 9.927009, 10.30419, 11.007998 ] }, { "date": "2024-09-27", "close": 12.196168, "volume": 19969550, "typical_volume": 15783219.75, "trend": 12.046519, "fair_value": 12.432633, "relative_strength": -16.423355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.917348, "energy": 15.485114, "activity_lines": [ 10.770124, 10.331341, 10.433494, 11.012568 ] }, { "date": "2024-10-04", "close": 13.263209, "volume": 19047629, "typical_volume": 15830940.75, "trend": 12.007899, "fair_value": 12.460263, "relative_strength": -17.609125, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 25.54128, "energy": 37.307934, "activity_lines": [ 11.72215, 10.893237, 10.669246, 11.091064 ] }, { "date": "2024-10-11", "close": 11.627746, "volume": 40371369, "typical_volume": 17043512.65, "trend": 11.834919, "fair_value": 12.477003, "relative_strength": -24.011789, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.974079, "energy": 34.756025, "activity_lines": [ 11.881708, 11.102475, 10.747515, 11.066538 ] }, { "date": "2024-10-18", "close": 13.342988, "volume": 30024240, "typical_volume": 17883552.0, "trend": 11.725741, "fair_value": 12.502749, "relative_strength": -14.845284, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.497695, "energy": 46.628726, "activity_lines": [ 12.504647, 11.599642, 10.991938, 11.163833 ] }, { "date": "2024-10-25", "close": 15.157953, "volume": 53083916, "typical_volume": 18998415.8, "trend": 11.717149, "fair_value": 12.54361, "relative_strength": -5.136066, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.692332, "energy": 76.93172, "activity_lines": [ 13.517836, 12.36733, 11.404365, 11.385266 ] }, { "date": "2024-11-01", "close": 14.798949, "volume": 32441735, "typical_volume": 19764350.55, "trend": 11.702885, "fair_value": 12.583118, "relative_strength": -5.312, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.261173, "energy": 73.829503, "activity_lines": [ 14.078281, 12.976006, 11.763179, 11.584091 ] }, { "date": "2024-11-08", "close": 17.770704, "volume": 47282063, "typical_volume": 21454707.65, "trend": 11.82578, "fair_value": 12.639778, "relative_strength": 6.830606, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.468598, "energy": 95.173875, "activity_lines": [ 15.455793, 14.021106, 12.389727, 11.975564 ] }, { "date": "2024-11-15", "close": 17.491482, "volume": 166803579, "typical_volume": 29016071.15, "trend": 11.988401, "fair_value": 12.693879, "relative_strength": 9.35443, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.438224, "energy": 90.57906, "activity_lines": [ 16.439731, 14.866036, 12.958388, 12.341093 ] }, { "date": "2024-11-22", "close": 18.329155, "volume": 91209012, "typical_volume": 32995080.05, "trend": 12.151114, "fair_value": 12.756108, "relative_strength": 18.214759, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.096857, "energy": 90.329885, "activity_lines": [ 17.311978, 15.727101, 13.57653, 12.750174 ] }, { "date": "2024-11-29", "close": 20.632767, "volume": 48790158, "typical_volume": 34727452.25, "trend": 12.379351, "fair_value": 12.836627, "relative_strength": 31.151567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.222964, "energy": 93.939235, "activity_lines": [ 18.619684, 16.857783, 14.377499, 13.297377 ] }, { "date": "2024-12-06", "close": 20.931936, "volume": 33226334, "typical_volume": 35753088.95, "trend": 12.636775, "fair_value": 12.918296, "relative_strength": 31.307014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.31506, "energy": 90.699647, "activity_lines": [ 19.662125, 17.852479, 15.1599, 13.849157 ] }, { "date": "2024-12-13", "close": 20.184011, "volume": 34196248, "typical_volume": 36900875.35, "trend": 12.879539, "fair_value": 12.992505, "relative_strength": 27.694174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.729242, "energy": 83.963262, "activity_lines": [ 20.046393, 18.552355, 15.819926, 14.336075 ] }, { "date": "2024-12-20", "close": 19.02722, "volume": 31119472, "typical_volume": 37848880.4, "trend": 13.106603, "fair_value": 13.057671, "relative_strength": 21.375728, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.993525, "energy": 65.639105, "activity_lines": [ 19.884176, 18.916074, 16.322342, 14.7327 ] }, { "date": "2024-12-27", "close": 17.900347, "volume": 22066873, "typical_volume": 38429971.55, "trend": 13.292461, "fair_value": 13.114891, "relative_strength": 14.40188, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.270261, "energy": 56.460728, "activity_lines": [ 19.243952, 18.94037, 16.675933, 15.041974 ] }, { "date": "2025-01-03", "close": 15.95574, "volume": 21886102, "typical_volume": 38999616.9, "trend": 13.45501, "fair_value": 13.160007, "relative_strength": 10.318117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.811133, "energy": 34.689014, "activity_lines": [ 17.984114, 18.528241, 16.807045, 15.213798 ] }, { "date": "2025-01-10", "close": 15.367372, "volume": 22499222, "typical_volume": 39241081.5, "trend": 13.580994, "fair_value": 13.202119, "relative_strength": 7.925295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.810474, "energy": 28.308178, "activity_lines": [ 16.839954, 17.99463, 16.853773, 15.337176 ] }, { "date": "2025-01-17", "close": 15.586763, "volume": 17954324, "typical_volume": 39423827.0, "trend": 13.727255, "fair_value": 13.244689, "relative_strength": 6.192071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.49639, "energy": 29.462391, "activity_lines": [ 16.139896, 17.490573, 16.891478, 15.466581 ] }, { "date": "2025-01-24", "close": 15.307538, "volume": 18411530, "typical_volume": 38878341.75, "trend": 13.866535, "fair_value": 13.28687, "relative_strength": 3.44923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.580035, "energy": 25.993096, "activity_lines": [ 15.653246, 16.975457, 16.87386, 15.568535 ] }, { "date": "2025-01-31", "close": 14.898672, "volume": 2685800, "typical_volume": 37973532.8, "trend": 14.008142, "fair_value": 13.324215, "relative_strength": 2.539936, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.465998, "energy": 20.507691, "activity_lines": [ 15.278286, 16.425709, 16.792039, 15.635124 ] }, { "date": "2025-02-07", "close": 16.843277, "volume": 17905895, "typical_volume": 38548752.55, "trend": 14.211246, "fair_value": 13.374026, "relative_strength": 11.315625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.690894, "energy": 15.842546, "activity_lines": [ 15.751639, 16.291898, 16.872673, 15.818036 ] }, { "date": "2025-02-14", "close": 17.032753, "volume": 42388210, "typical_volume": 39669685.55, "trend": 14.43928, "fair_value": 13.423425, "relative_strength": 10.331624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.645806, "energy": 11.774104, "activity_lines": [ 16.228982, 16.261437, 16.939535, 16.000069 ] }, { "date": "2025-02-21", "close": 18.159626, "volume": 40365082, "typical_volume": 40735558.2, "trend": 14.703879, "fair_value": 13.480364, "relative_strength": 14.990503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.615064, "energy": 25.899496, "activity_lines": [ 16.970924, 16.506757, 17.090687, 16.240091 ] }, { "date": "2025-02-28", "close": 16.853251, "volume": 38662416, "typical_volume": 40650110.55, "trend": 14.921941, "fair_value": 13.531549, "relative_strength": 10.474856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.338578, "energy": 26.455112, "activity_lines": [ 17.105883, 16.55136, 17.094106, 16.37876 ] }, { "date": "2025-03-07", "close": 16.414467, "volume": 28211364, "typical_volume": 40559466.75, "trend": 15.133354, "fair_value": 13.579063, "relative_strength": 5.32769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.852166, "energy": 22.811806, "activity_lines": [ 16.991533, 16.555712, 17.030853, 16.475052 ] }, { "date": "2025-03-14", "close": 16.713638, "volume": 28680820, "typical_volume": 39339311.95, "trend": 15.357067, "fair_value": 13.624428, "relative_strength": 6.25559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.410664, "energy": 19.851827, "activity_lines": [ 16.875854, 16.641474, 16.981466, 16.577006 ] }, { "date": "2025-03-21", "close": 16.354633, "volume": 25389239, "typical_volume": 38986687.15, "trend": 15.599395, "fair_value": 13.66713, "relative_strength": 7.099434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.660531, "energy": 8.985213, "activity_lines": [ 16.64915, 16.648183, 16.89048, 16.641365 ] }, { "date": "2025-03-28", "close": 15.417233, "volume": 19031283, "typical_volume": 37574148.15, "trend": 15.794853, "fair_value": 13.700208, "relative_strength": 1.980146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.921988, "energy": 9.17921, "activity_lines": [ 16.155186, 16.466505, 16.70281, 16.629613 ] }, { "date": "2025-04-04", "close": 15.217787, "volume": 14076775, "typical_volume": 29937807.95, "trend": 15.968704, "fair_value": 13.731736, "relative_strength": 3.18416, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.063328, "energy": 36.125798, "activity_lines": [ 15.777567, 16.251646, 16.507353, 16.592382 ] }, { "date": "2025-04-11", "close": 14.180664, "volume": 30282627, "typical_volume": 26891488.7, "trend": 16.103995, "fair_value": 13.755668, "relative_strength": 1.461922, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.128614, "energy": 54.968619, "activity_lines": [ 15.163271, 15.849852, 16.223948, 16.477025 ] }, { "date": "2025-04-18", "close": 14.729143, "volume": 28941480, "typical_volume": 25899054.8, "trend": 16.25624, "fair_value": 13.78804, "relative_strength": 5.745285, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.437055, "energy": 56.425778, "activity_lines": [ 14.880722, 15.560835, 16.012535, 16.388325 ] }, { "date": "2025-04-25", "close": 16.494247, "volume": 36572925, "typical_volume": 26066384.35, "trend": 16.399509, "fair_value": 13.835207, "relative_strength": 16.419739, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.681571, "energy": 38.234447, "activity_lines": [ 15.31884, 15.631186, 15.997339, 16.40368 ] }, { "date": "2025-05-02", "close": 16.843277, "volume": 17267690, "typical_volume": 25219956.45, "trend": 16.518845, "fair_value": 13.887504, "relative_strength": 18.669474, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -30.326655, "energy": 18.662714, "activity_lines": [ 15.863994, 15.774787, 16.036516, 16.43231 ] }, { "date": "2025-05-09", "close": 17.611147, "volume": 24807707, "typical_volume": 24904368.2, "trend": 16.718291, "fair_value": 13.949603, "relative_strength": 20.680266, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.888268, "energy": 13.297606, "activity_lines": [ 16.570036, 16.081935, 16.164732, 16.502782 ] }, { "date": "2025-05-16", "close": 16.923056, "volume": 77519435, "typical_volume": 27676996.3, "trend": 16.837627, "fair_value": 14.005032, "relative_strength": 14.852472, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.374285, "energy": 20.125003, "activity_lines": [ 16.887156, 16.250196, 16.234158, 16.515992 ] }, { "date": "2025-05-23", "close": 15.61668, "volume": 47714299, "typical_volume": 28968406.15, "trend": 16.852918, "fair_value": 14.057328, "relative_strength": 6.134356, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.358192, "energy": 20.998074, "activity_lines": [ 16.585991, 16.171686, 16.183821, 16.437221 ] }, { "date": "2025-05-30", "close": 15.108091, "volume": 26871140, "typical_volume": 29187002.05, "trend": 16.863223, "fair_value": 14.105596, "relative_strength": 3.358325, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.732949, "energy": 17.160256, "activity_lines": [ 16.056128, 16.02065, 16.086662, 16.324652 ] }, { "date": "2025-06-06", "close": 15.397288, "volume": 14642326, "typical_volume": 29021402.15, "trend": 16.784109, "fair_value": 14.15495, "relative_strength": 3.426654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.971206, "energy": 28.40074, "activity_lines": [ 15.715074, 15.944861, 16.01828, 16.230076 ] }, { "date": "2025-06-13", "close": 14.459889, "volume": 24667275, "typical_volume": 29334189.4, "trend": 16.683056, "fair_value": 14.197346, "relative_strength": -2.504904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.38635, "energy": 50.275354, "activity_lines": [ 15.157952, 15.698997, 15.861525, 16.080126 ] }, { "date": "2025-06-20", "close": 14.42, "volume": 27139260, "typical_volume": 30556862.4, "trend": 16.55275, "fair_value": 14.23917, "relative_strength": -1.901134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.482844, "energy": 60.194777, "activity_lines": [ 14.797619, 15.459661, 15.705007, 15.934122 ] }, { "date": "2025-06-27", "close": 15.87, "volume": 45657859, "typical_volume": 31944460.6, "trend": 16.393992, "fair_value": 14.288119, "relative_strength": 3.709208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.461285, "energy": 46.176407, "activity_lines": [ 15.087489, 15.47961, 15.688863, 15.890074 ] }, { "date": "2025-07-04", "close": 15.21, "volume": 85508909, "typical_volume": 34100495.55, "trend": 16.20326, "fair_value": 14.332612, "relative_strength": -2.119533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.465248, "energy": 32.880381, "activity_lines": [ 15.140471, 15.358816, 15.614497, 15.813687 ] }, { "date": "2025-07-11", "close": 14.9, "volume": 39012417, "typical_volume": 34032862.3, "trend": 16.027127, "fair_value": 14.37557, "relative_strength": -6.012532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.310813, "energy": 29.191964, "activity_lines": [ 15.083326, 15.205008, 15.519287, 15.729606 ] }, { "date": "2025-07-18", "close": 14.94, "volume": 27194154, "typical_volume": 33459449.2, "trend": 15.890886, "fair_value": 14.417157, "relative_strength": -7.90825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.123812, "energy": 25.099803, "activity_lines": [ 15.072667, 15.093805, 15.443408, 15.659469 ] }, { "date": "2025-07-25", "close": 15.22, "volume": 34923107, "typical_volume": 33795036.35, "trend": 15.801541, "fair_value": 14.460313, "relative_strength": -8.524283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.257431, "energy": 23.061821, "activity_lines": [ 15.123333, 15.082078, 15.403307, 15.616186 ] }, { "date": "2025-08-01", "close": 15.05, "volume": 32991870, "typical_volume": 34010588.85, "trend": 15.77135, "fair_value": 14.502875, "relative_strength": -8.284737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.547005, "energy": 26.699129, "activity_lines": [ 15.064, 15.070406, 15.352704, 15.567699 ] }, { "date": "2025-08-08", "close": 15.7, "volume": 43242330, "typical_volume": 34903243.4, "trend": 15.782437, "fair_value": 14.552009, "relative_strength": -5.760357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.799628, "energy": 14.368965, "activity_lines": [ 15.276, 15.187219, 15.371927, 15.563096 ] }, { "date": "2025-08-15", "close": 15.56, "volume": 38278684, "typical_volume": 35865613.45, "trend": 15.781545, "fair_value": 14.59734, "relative_strength": -10.822508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.045481, "energy": 14.746475, "activity_lines": [ 15.408667, 15.267816, 15.380934, 15.548745 ] }, { "date": "2025-08-22", "close": 16.32, "volume": 59329813, "typical_volume": 38128265.35, "trend": 15.815294, "fair_value": 14.644821, "relative_strength": -10.816417, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.938872, "energy": 10.181647, "activity_lines": [ 15.750667, 15.483636, 15.461642, 15.583484 ] }, { "date": "2025-08-29", "close": 16.75, "volume": 79768933, "typical_volume": 40602580.65, "trend": 15.877005, "fair_value": 14.694922, "relative_strength": -12.484079, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.338561, "energy": 31.91098, "activity_lines": [ 16.144, 15.743818, 15.578054, 15.643788 ] }, { "date": "2025-09-05", "close": 15.36, "volume": 53263788, "typical_volume": 41818696.05, "trend": 15.827562, "fair_value": 14.73339, "relative_strength": -19.063005, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.903233, "energy": 16.334918, "activity_lines": [ 15.972, 15.708909, 15.54985, 15.610433 ] }, { "date": "2025-09-12", "close": 15.07, "volume": 38063369, "typical_volume": 41893218.25, "trend": 15.762137, "fair_value": 14.770407, "relative_strength": -22.54003, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.466167, "energy": 13.081021, "activity_lines": [ 15.682667, 15.630545, 15.491023, 15.561558 ] }, { "date": "2025-09-19", "close": 15.04, "volume": 42158692, "typical_volume": 43137768.35, "trend": 15.65815, "fair_value": 14.805553, "relative_strength": -23.456678, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.44434, "energy": 15.519626, "activity_lines": [ 15.425333, 15.549273, 15.436121, 15.514968 ] }, { "date": "2025-09-26", "close": 15.06, "volume": 163261030, "typical_volume": 50060434.5, "trend": 15.598375, "fair_value": 14.847453, "relative_strength": -24.018742, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.857055, "energy": 25.258895, "activity_lines": [ 15.209333, 15.469091, 15.391711, 15.476378 ] }, { "date": "2025-10-03", "close": 15.15, "volume": 24989579, "typical_volume": 47433941.7, "trend": 15.556226, "fair_value": 14.882941, "relative_strength": -25.225098, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.343001, "energy": 26.227096, "activity_lines": [ 15.107333, 15.403091, 15.36802, 15.447451 ] }, { "date": "2025-10-10", "close": 15.04, "volume": 18364538, "typical_volume": 45966453.65, "trend": 15.500438, "fair_value": 14.918767, "relative_strength": -24.788466, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.655324, "energy": 35.785155, "activity_lines": [ 15.075333, 15.318364, 15.342297, 15.414146 ] }, { "date": "2025-10-17", "close": 13.89, "volume": 35190724, "typical_volume": 46382432.85, "trend": 15.418283, "fair_value": 14.943365, "relative_strength": -26.708755, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.103348, "energy": 56.10083, "activity_lines": [ 14.681333, 15.024727, 15.209796, 15.310246 ] }, { "date": "2025-10-24", "close": 14.26, "volume": 19520295, "typical_volume": 46626331.3, "trend": 15.379709, "fair_value": 14.970743, "relative_strength": -27.825777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.545597, "energy": 55.403046, "activity_lines": [ 14.489333, 14.831273, 15.118333, 15.235519 ] }, { "date": "2025-10-31", "close": 14.23, "volume": 29625608, "typical_volume": 46874247.95, "trend": 15.346783, "fair_value": 14.995069, "relative_strength": -28.129919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.648235, "energy": 57.383463, "activity_lines": [ 14.339333, 14.656, 15.029429, 15.161344 ] }, { "date": "2025-11-07", "close": 14.02, "volume": 22236296, "typical_volume": 46629099.75, "trend": 15.341427, "fair_value": 15.016869, "relative_strength": -28.821968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.328498, "energy": 64.254538, "activity_lines": [ 14.174667, 14.480545, 14.921619, 15.075745 ] }, { "date": "2025-11-14", "close": 14.25, "volume": 27832594, "typical_volume": 45737836.5, "trend": 15.325456, "fair_value": 15.038374, "relative_strength": -26.093974, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.738747, "energy": 52.891264, "activity_lines": [ 14.162, 14.396545, 14.837619, 15.00533 ] }, { "date": "2025-11-21", "close": 13.2, "volume": 24771019, "typical_volume": 42700942.0, "trend": 15.215648, "fair_value": 15.045116, "relative_strength": -27.162854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.459117, "energy": 63.090505, "activity_lines": [ 13.852, 14.141818, 14.661333, 14.868204 ] }, { "date": "2025-11-28", "close": 14.19, "volume": 31704150, "typical_volume": 42335528.65, "trend": 15.127205, "fair_value": 15.052531, "relative_strength": -23.523348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.708726, "energy": 47.021138, "activity_lines": [ 13.918, 14.101091, 14.588905, 14.802033 ] }, { "date": "2025-12-05", "close": 13.82, "volume": 30786774, "typical_volume": 42515159.65, "trend": 15.000833, "fair_value": 15.059843, "relative_strength": -25.554067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.350588, "energy": 44.962193, "activity_lines": [ 13.865333, 14.008545, 14.484619, 14.717697 ] }, { "date": "2025-12-12", "close": 13.6, "volume": 24304096, "typical_volume": 41984209.1, "trend": 14.890065, "fair_value": 15.064565, "relative_strength": -26.491275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.733453, "energy": 51.81003, "activity_lines": [ 13.766667, 13.898545, 14.364714, 14.627321 ] }, { "date": "2025-12-19", "close": 14.86, "volume": 48301276, "typical_volume": 42749679.4, "trend": 14.864842, "fair_value": 15.065974, "relative_strength": -18.219253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.442716, "energy": 20.19097, "activity_lines": [ 14.116, 14.045818, 14.372524, 14.625381 ] }, { "date": "2025-12-26", "close": 15.81, "volume": 65591510, "typical_volume": 43867138.4, "trend": 14.888239, "fair_value": 15.074153, "relative_strength": -15.347965, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.133866, "energy": 11.76211, "activity_lines": [ 14.741333, 14.369091, 14.471714, 14.686359 ] }, { "date": "2026-01-02", "close": 15.9, "volume": 26368753, "typical_volume": 43271641.85, "trend": 14.904996, "fair_value": 15.085904, "relative_strength": -13.842755, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.749118, "energy": 32.782249, "activity_lines": [ 15.222667, 14.673818, 14.578952, 14.751634 ] }, { "date": "2026-01-09", "close": 17.549999, "volume": 52927902, "typical_volume": 42951546.3, "trend": 15.008, "fair_value": 15.117217, "relative_strength": -8.489822, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.557188, "energy": 60.620149, "activity_lines": [ 16.14, 15.248727, 14.841714, 14.92228 ] }, { "date": "2026-01-16", "close": 18.35, "volume": 96683913, "typical_volume": 43797295.3, "trend": 15.139, "fair_value": 15.151208, "relative_strength": -5.061894, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.200424, "energy": 80.97608, "activity_lines": [ 17.075333, 15.908727, 15.174809, 15.137892 ] }, { "date": "2026-01-23", "close": 19.83, "volume": 48978217, "typical_volume": 43583016.75, "trend": 15.271, "fair_value": 15.188106, "relative_strength": 1.63302, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.724033, "energy": 96.948942, "activity_lines": [ 18.187333, 16.759091, 15.641238, 15.440538 ] }, { "date": "2026-01-30", "close": 19.27, "volume": 48602857, "typical_volume": 44109991.15, "trend": 15.406333, "fair_value": 15.220961, "relative_strength": 0.546242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.339215, "energy": 91.606242, "activity_lines": [ 18.781333, 17.406182, 16.033048, 15.698538 ] }, { "date": "2026-02-06", "close": 19.0, "volume": 37985740, "typical_volume": 43901343.55, "trend": 15.543, "fair_value": 15.252447, "relative_strength": 1.597878, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.742033, "energy": 86.974798, "activity_lines": [ 19.054667, 17.893818, 16.379143, 15.930387 ] }, { "date": "2026-02-13", "close": 18.309999, "volume": 46441760, "typical_volume": 38060380.05, "trend": 15.655333, "fair_value": 15.276017, "relative_strength": -3.038564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.366453, "energy": 66.888302, "activity_lines": [ 18.891333, 18.168545, 16.640666, 16.108903 ] }, { "date": "2026-02-27", "close": 20.059999, "volume": 40500110, "typical_volume": 38835906.6, "trend": 15.816667, "fair_value": 15.304768, "relative_strength": 3.734161, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.573844, "energy": 63.667347, "activity_lines": [ 19.260666, 18.679818, 17.053381, 16.393075 ] }, { "date": "2026-03-06", "close": 19.59, "volume": 52461900, "typical_volume": 40540774.7, "trend": 15.968, "fair_value": 15.33382, "relative_strength": 3.917179, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.253749, "energy": 55.429323, "activity_lines": [ 19.359333, 18.988181, 17.397952, 16.636516 ] }, { "date": "2026-03-13", "close": 18.16, "volume": 60594625, "typical_volume": 41810969.75, "trend": 16.05, "fair_value": 15.35012, "relative_strength": -4.062148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.246121, "energy": 44.326555, "activity_lines": [ 18.997333, 18.950545, 17.584666, 16.777935 ] }, { "date": "2026-03-20", "close": 16.190001, "volume": 32677461, "typical_volume": 42468828.05, "trend": 16.071, "fair_value": 15.352793, "relative_strength": -11.456418, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.947099, "energy": 24.219969, "activity_lines": [ 18.052667, 18.512, 17.563428, 16.786968 ] }, { "date": "2026-03-27", "close": 16.459999, "volume": 40329688, "typical_volume": 43004032.05, "trend": 16.075667, "fair_value": 15.3552, "relative_strength": -8.843353, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.703205, "energy": 21.26453, "activity_lines": [ 17.385333, 18.117273, 17.558714, 16.812064 ] }, { "date": "2026-04-03", "close": 16.32, "volume": 28211241, "typical_volume": 43302779.3, "trend": 16.061333, "fair_value": 15.361021, "relative_strength": -6.543939, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.487137, "energy": 22.919175, "activity_lines": [ 16.794667, 17.716909, 17.530047, 16.827828 ] }, { "date": "2026-04-10", "close": 18.049999, "volume": 31149870, "typical_volume": 43468643.1, "trend": 16.151, "fair_value": 15.379202, "relative_strength": -3.252777, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.571482, "energy": 23.438869, "activity_lines": [ 17.03, 17.668, 17.65519, 16.956129 ] }, { "date": "2026-04-17", "close": 18.139999, "volume": 35977740, "typical_volume": 44028979.15, "trend": 16.253333, "fair_value": 15.403588, "relative_strength": -6.223555, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.483422, "energy": 14.34039, "activity_lines": [ 17.397999, 17.667818, 17.770809, 17.084451 ] }, { "date": "2026-04-24", "close": 17.129999, "volume": 28143818, "typical_volume": 43850962.55, "trend": 16.323, "fair_value": 15.421998, "relative_strength": -11.298595, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.264372, "energy": 8.416721, "activity_lines": [ 17.430666, 17.504545, 17.766714, 17.14101 ] }, { "date": "2026-05-01", "close": 17.299999, "volume": 23257130, "typical_volume": 43474480.35, "trend": 16.397666, "fair_value": 15.440001, "relative_strength": -10.721884, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.079483, "energy": 16.30928, "activity_lines": [ 17.457332, 17.406181, 17.764809, 17.204043 ] }, { "date": "2026-05-08", "close": 17.34, "volume": 23351017, "typical_volume": 43426826.4, "trend": 16.470666, "fair_value": 15.462435, "relative_strength": -12.367103, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.748005, "energy": 14.05127, "activity_lines": [ 17.441333, 17.333454, 17.750142, 17.264838 ] }, { "date": "2026-05-15", "close": 17.870001, "volume": 71170183, "typical_volume": 44570271.75, "trend": 16.565, "fair_value": 15.488902, "relative_strength": -8.860141, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.412188, "energy": 13.280875, "activity_lines": [ 17.534, 17.406545, 17.768143, 17.355118 ] }, { "date": "2026-05-22", "close": 17.690001, "volume": 50672670, "typical_volume": 43824329.75, "trend": 16.691667, "fair_value": 15.516121, "relative_strength": -9.254332, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.503935, "energy": 13.28014, "activity_lines": [ 17.578667, 17.478182, 17.754666, 17.427699 ] }, { "date": "2026-05-29", "close": 16.41, "volume": 37667500, "typical_volume": 44389267.1, "trend": 16.763333, "fair_value": 15.5394, "relative_strength": -15.063307, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.99066, "energy": 4.089625, "activity_lines": [ 17.226667, 17.325636, 17.610333, 17.409527 ] }, { "date": "2026-06-05", "close": 16.67, "volume": 10713211, "typical_volume": 42278532.55, "trend": 16.844666, "fair_value": 15.55763, "relative_strength": -11.680453, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.72294, "energy": 8.011663, "activity_lines": [ 17.009334, 17.216364, 17.488333, 17.403505 ] }, { "date": "2026-06-12", "close": 16.278368, "volume": 7136700, "typical_volume": 37801171.9, "trend": 16.919945, "fair_value": 15.571852, "relative_strength": -11.142652, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.090739, "energy": 28.694226, "activity_lines": [ 16.703456, 17.032067, 17.333225, 17.36697 ] }, { "date": "2026-06-19", "close": 17.854336, "volume": 65587980, "typical_volume": 38631660.05, "trend": 17.04009, "fair_value": 15.599462, "relative_strength": -8.57668, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.477676, "energy": 16.198103, "activity_lines": [ 16.993677, 17.135067, 17.338075, 17.427253 ] }, { "date": "2026-06-26", "close": 15.769669, "volume": 7071000, "typical_volume": 36555067.2, "trend": 17.125746, "fair_value": 15.59262, "relative_strength": -17.403517, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.935894, "energy": 33.460121, "activity_lines": [ 16.590053, 16.862594, 17.153792, 17.34529 ] }, { "date": "2026-07-03", "close": 16.338213, "volume": 5734240, "typical_volume": 34942492.2, "trend": 17.197353, "fair_value": 15.572475, "relative_strength": -12.744221, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -26.055179, "energy": 28.859514, "activity_lines": [ 16.503966, 16.736589, 17.040325, 17.294482 ] }, { "date": "2026-07-10", "close": 14.921837, "volume": 34722816, "typical_volume": 34356545.0, "trend": 17.234081, "fair_value": 15.54306, "relative_strength": -16.783682, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.240133, "energy": 53.932047, "activity_lines": [ 15.950539, 16.367458, 16.80464, 17.147674 ] }, { "date": "2026-07-17", "close": 13.5, "volume": 41992880, "typical_volume": 34431183.5, "trend": 17.230747, "fair_value": 15.510837, "relative_strength": -16.806108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.817603, "energy": 74.786308, "activity_lines": [ 15.039711, 15.783051, 16.449676, 16.906766 ] }, { "date": "2026-07-24", "close": 13.25, "volume": 30329595, "typical_volume": 33324568.25, "trend": 17.177081, "fair_value": 15.48555, "relative_strength": -18.207893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.065238, "energy": 78.467129, "activity_lines": [ 14.230774, 15.223006, 16.102141, 16.649944 ] }, { "date": "2026-07-31", "close": 13.6, "volume": 19596943, "typical_volume": 31274684.15, "trend": 17.103414, "fair_value": 15.456899, "relative_strength": -14.331041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.82262, "energy": 78.262021, "activity_lines": [ 13.845459, 14.810599, 15.818129, 16.419164 ] }, { "date": "2026-08-07", "close": 16.85, "volume": 39060770, "typical_volume": 31593849.6, "trend": 17.135081, "fair_value": 15.453861, "relative_strength": 1.030486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.550058, "energy": 46.901173, "activity_lines": [ 14.688122, 15.063464, 15.865356, 16.402815 ] } ], "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." } } }