{ "ticker": { "uuid": "a5c7a203-4acb-4856-b99f-a4257748d56e", "symbol": "603102", "name": "Weihai Baihe Biology Technological Co., Ltd.", "exchange": "SHH", "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": "000001.SS", "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": -38.461, "architecture_energy": 32.644, "architecture_maturity": 93.227, "architecture_confidence": 88.633, "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": 23.2, "rotation_up": 29.77, "upward_expansion": 19.7, "deceleration": 44.16, "rotation_down": 33.65, "downward_expansion": 65.03 }, "activity_lines": [ 34.130666, 33.587636, 35.227, 36.98271 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 37.509998, "trend_reference": 39.437667, "distance_from_trend": -0.048879, "trend_direction": "Weakening", "fair_value": 37.859391, "distance_from_fair_value": -0.009229, "fair_value_direction": "Weakening", "relative_strength": -8.199092, "relative_strength_direction": "Improving", "price_momentum": -0.176509, "excess_performance": -0.133306, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.048879, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.070436, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.009229, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.089952, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.081991, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.037325, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.176509, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.62635, "read": "Supply-led" } ], "volume": { "latest": 4808890, "relative_activity": 1.786512, "balance": 0.62635, "dry_up": 1.462599, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.071899, "annualized_volatility": 0.313657, "from_high_reference": -0.276428, "from_low_reference": 0.231451 }, "levels": { "trend_reference": 39.437667, "fair_value_reference": 37.859391, "structural_low": 30.459999, "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": -0.033071, "positive_rate": 0.411765, "directional_follow_through": 0.588235, "median_excess_return": -0.022352, "regime_survival": 0.882353, "best_return": 0.125259, "worst_return": -0.138633, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.075784, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.055094, "regime_survival": 0.666667, "best_return": 0.137561, "worst_return": -0.185082, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.092288, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.133119, "regime_survival": 0.666667, "best_return": -0.003582, "worst_return": -0.260252, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.09554, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.234612, "regime_survival": 0.0, "best_return": -0.09554, "worst_return": -0.09554, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-25", "end": "2023-10-27", "tenure": "Developing", "return": -0.094613, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-03", "end": "2024-09-27", "tenure": "Extended", "return": -0.175436, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": 0.055766, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.076923, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-03-14", "tenure": "Developing", "return": 0.150143, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-06-27", "tenure": "Established", "return": 0.105263, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-09-05", "tenure": "Developing", "return": 0.134657, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-10", "tenure": "Developing", "return": -0.080797, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-12-12", "tenure": "Developing", "return": -0.018492, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2025-12-26", "tenure": "New", "return": -0.007223, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": 0.083779, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-06", "tenure": "Developing", "return": -0.040615, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.026132, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-08-07", "tenure": "Established", "return": -0.078378, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 41.909409, "volume": 2646590, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-04", "close": 42.188103, "volume": 2495639, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 45.542004, "volume": 15289988, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 42.495625, "volume": 9819805, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 41.746037, "volume": 5876720, "typical_volume": 4331304.8, "trend": 41.824097, "fair_value": 41.022575, "relative_strength": 8.479559, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 41.951591, "energy": 28.34372, "activity_lines": [ 42.774954, 42.216232, 42.136106, 42.08197 ] }, { "date": "2023-09-01", "close": 44.648273, "volume": 6198322, "typical_volume": 4374898.1, "trend": 41.954992, "fair_value": 41.067336, "relative_strength": 13.012501, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 64.557123, "energy": 48.840052, "activity_lines": [ 43.398967, 42.734475, 42.364798, 42.264175 ] }, { "date": "2023-09-08", "close": 43.168324, "volume": 3999130, "typical_volume": 4318194.6, "trend": 42.068469, "fair_value": 41.092958, "relative_strength": 9.452525, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 47.132501, "energy": 26.624264, "activity_lines": [ 43.347072, 42.912523, 42.439169, 42.342454 ] }, { "date": "2023-09-15", "close": 43.591167, "volume": 3494200, "typical_volume": 4177075.0, "trend": 42.128424, "fair_value": 41.123057, "relative_strength": 10.176114, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 49.93722, "energy": 27.656099, "activity_lines": [ 43.370777, 43.137224, 42.550239, 42.440693 ] }, { "date": "2023-09-22", "close": 43.158714, "volume": 4689905, "typical_volume": 4264216.55, "trend": 42.229573, "fair_value": 41.147291, "relative_strength": 8.219526, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 46.875931, "energy": 30.745321, "activity_lines": [ 43.380386, 43.22913, 42.619006, 42.507163 ] }, { "date": "2023-09-29", "close": 42.764702, "volume": 2913400, "typical_volume": 4214021.85, "trend": 42.245233, "fair_value": 41.166319, "relative_strength": 7.65538, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 43.7123, "energy": 21.047095, "activity_lines": [ 43.214453, 43.209036, 42.652814, 42.541688 ] }, { "date": "2023-10-13", "close": 41.669155, "volume": 4650485, "typical_volume": 4303181.4, "trend": 42.32106, "fair_value": 41.172166, "relative_strength": 5.308355, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 20.632519, "energy": 10.379376, "activity_lines": [ 42.615426, 42.945022, 42.579732, 42.504521 ] }, { "date": "2023-10-20", "close": 39.727928, "volume": 3324406, "typical_volume": 4289656.7, "trend": 42.373255, "fair_value": 41.155566, "relative_strength": 3.64124, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -53.33385, "energy": 31.138661, "activity_lines": [ 41.567931, 42.332425, 42.325706, 42.337223 ] }, { "date": "2023-10-27", "close": 37.796314, "volume": 10167332, "typical_volume": 4630546.4, "trend": 42.246051, "fair_value": 41.117393, "relative_strength": -2.67405, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -73.669874, "energy": 63.038744, "activity_lines": [ 40.105924, 41.413356, 41.907441, 42.041936 ] }, { "date": "2023-11-03", "close": 38.007732, "volume": 4519700, "typical_volume": 4715356.4, "trend": 42.0785, "fair_value": 41.082453, "relative_strength": -2.677134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.119066, "energy": 74.046869, "activity_lines": [ 39.100714, 40.673557, 41.535121, 41.768496 ] }, { "date": "2023-11-10", "close": 38.103832, "volume": 3928259, "typical_volume": 4776995.15, "trend": 41.919208, "fair_value": 41.049357, "relative_strength": -2.828772, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.891079, "energy": 75.646738, "activity_lines": [ 38.470936, 40.03283, 41.190761, 41.512066 ] }, { "date": "2023-11-17", "close": 38.738094, "volume": 3769402, "typical_volume": 4871519.55, "trend": 41.815814, "fair_value": 41.023958, "relative_strength": -1.883509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.376718, "energy": 77.186491, "activity_lines": [ 38.363303, 39.573644, 40.924791, 41.306833 ] }, { "date": "2023-11-24", "close": 38.728481, "volume": 4691308, "typical_volume": 4950628.5, "trend": 41.692826, "fair_value": 40.999007, "relative_strength": -1.664319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.173133, "energy": 72.440492, "activity_lines": [ 38.44787, 39.220169, 40.667425, 41.10765 ] }, { "date": "2023-12-01", "close": 38.690041, "volume": 3508822, "typical_volume": 5032137.8, "trend": 41.537277, "fair_value": 40.97418, "relative_strength": -1.462991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.372819, "energy": 60.072965, "activity_lines": [ 38.586254, 38.940429, 40.419623, 40.913922 ] }, { "date": "2023-12-08", "close": 37.123608, "volume": 3489182, "typical_volume": 5090138.8, "trend": 41.318138, "fair_value": 40.933216, "relative_strength": -3.550243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.599474, "energy": 69.21831, "activity_lines": [ 38.142911, 38.464994, 40.031789, 40.629169 ] }, { "date": "2023-12-15", "close": 36.681541, "volume": 3394875, "typical_volume": 5143373.5, "trend": 41.133237, "fair_value": 40.888462, "relative_strength": -3.868227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.598844, "energy": 75.443243, "activity_lines": [ 37.611154, 38.018912, 39.620021, 40.330034 ] }, { "date": "2023-12-22", "close": 36.508564, "volume": 3380624, "typical_volume": 5180075.2, "trend": 40.933669, "fair_value": 40.842838, "relative_strength": -3.332324, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.099001, "energy": 80.137988, "activity_lines": [ 37.116558, 37.651984, 39.209032, 40.031668 ] }, { "date": "2023-12-29", "close": 37.267754, "volume": 3708012, "typical_volume": 5240693.85, "trend": 40.713599, "fair_value": 40.805981, "relative_strength": -3.195803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.270363, "energy": 75.921319, "activity_lines": [ 37.02366, 37.516918, 38.896064, 39.795157 ] }, { "date": "2024-01-05", "close": 37.142826, "volume": 2241300, "typical_volume": 4588259.45, "trend": 40.511147, "fair_value": 40.768602, "relative_strength": -1.969531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.233226, "energy": 64.231254, "activity_lines": [ 36.986502, 37.403869, 38.594629, 39.564785 ] }, { "date": "2024-01-12", "close": 36.969845, "volume": 2561700, "typical_volume": 4225354.2, "trend": 40.344893, "fair_value": 40.730231, "relative_strength": -0.882992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.67108, "energy": 53.631154, "activity_lines": [ 36.994831, 37.27125, 38.316716, 39.336314 ] }, { "date": "2024-01-19", "close": 35.749371, "volume": 3158058, "typical_volume": 4089421.1, "trend": 40.14052, "fair_value": 40.680422, "relative_strength": -2.413563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.413398, "energy": 57.395817, "activity_lines": [ 36.606586, 36.935598, 37.94888, 39.039828 ] }, { "date": "2024-01-26", "close": 35.172764, "volume": 3791507, "typical_volume": 3969080.35, "trend": 39.955046, "fair_value": 40.625891, "relative_strength": -6.376151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.578043, "energy": 71.127211, "activity_lines": [ 36.088283, 36.537917, 37.554685, 38.719328 ] }, { "date": "2024-02-02", "close": 30.973175, "volume": 3930561, "typical_volume": 3965651.9, "trend": 39.603959, "fair_value": 40.531257, "relative_strength": -11.975127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.420423, "energy": 91.983334, "activity_lines": [ 34.259171, 35.441498, 36.80565, 38.139852 ] }, { "date": "2024-02-09", "close": 32.827915, "volume": 3562564, "typical_volume": 3969070.1, "trend": 39.344487, "fair_value": 40.456467, "relative_strength": -10.987275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.655772, "energy": 83.130925, "activity_lines": [ 33.467944, 34.82331, 36.29133, 37.702688 ] }, { "date": "2024-02-23", "close": 34.317471, "volume": 2746530, "typical_volume": 3871901.35, "trend": 39.123777, "fair_value": 40.397438, "relative_strength": -11.149227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.376709, "energy": 72.010191, "activity_lines": [ 33.460896, 34.582534, 35.970125, 37.378365 ] }, { "date": "2024-03-01", "close": 33.442959, "volume": 3526300, "typical_volume": 3902546.35, "trend": 38.895058, "fair_value": 40.331205, "relative_strength": -13.799751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.078917, "energy": 58.318759, "activity_lines": [ 33.339169, 34.233777, 35.607735, 37.01186 ] }, { "date": "2024-03-08", "close": 32.991287, "volume": 3134100, "typical_volume": 3826727.1, "trend": 38.597787, "fair_value": 40.26196, "relative_strength": -15.310078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.13162, "energy": 52.475255, "activity_lines": [ 33.220646, 33.861781, 35.246718, 36.630972 ] }, { "date": "2024-03-15", "close": 33.836971, "volume": 2806020, "typical_volume": 3800807.8, "trend": 38.319416, "fair_value": 40.201914, "relative_strength": -13.171375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.361856, "energy": 43.102594, "activity_lines": [ 33.529449, 33.707497, 35.007565, 36.323823 ] }, { "date": "2024-03-22", "close": 33.923462, "volume": 2546900, "typical_volume": 3419786.2, "trend": 37.932131, "fair_value": 40.14378, "relative_strength": -12.620409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.448015, "energy": 35.786374, "activity_lines": [ 33.676163, 33.631315, 34.804702, 36.040213 ] }, { "date": "2024-03-29", "close": 35.653271, "volume": 6220500, "typical_volume": 3504826.2, "trend": 37.704053, "fair_value": 40.102583, "relative_strength": -7.955114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.24655, "energy": 24.534066, "activity_lines": [ 34.326443, 33.928179, 34.785024, 35.893189 ] }, { "date": "2024-04-05", "close": 36.08572, "volume": 3501950, "typical_volume": 3483510.75, "trend": 37.515375, "fair_value": 40.066066, "relative_strength": -7.554912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.024537, "energy": 18.104683, "activity_lines": [ 35.03182, 34.327607, 34.817744, 35.788781 ] }, { "date": "2024-04-12", "close": 33.462181, "volume": 6104384, "typical_volume": 3600259.85, "trend": 37.142506, "fair_value": 40.006571, "relative_strength": -12.588316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.98455, "energy": 19.519642, "activity_lines": [ 34.6865, 34.243913, 34.610213, 35.527284 ] }, { "date": "2024-04-19", "close": 31.52095, "volume": 4150000, "typical_volume": 3573194.45, "trend": 36.75426, "fair_value": 39.930807, "relative_strength": -18.567672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.73346, "energy": 29.889278, "activity_lines": [ 33.662709, 33.838369, 34.242926, 35.164603 ] }, { "date": "2024-04-26", "close": 32.433903, "volume": 2379774, "typical_volume": 3516742.05, "trend": 36.382351, "fair_value": 39.864463, "relative_strength": -16.585023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.751557, "energy": 34.479897, "activity_lines": [ 33.097638, 33.588857, 33.996909, 34.885871 ] }, { "date": "2024-05-03", "close": 33.068169, "volume": 901000, "typical_volume": 3387332.95, "trend": 36.046, "fair_value": 39.804846, "relative_strength": -15.112143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.373623, "energy": 42.744182, "activity_lines": [ 32.843293, 33.46183, 33.841089, 34.672052 ] }, { "date": "2024-05-10", "close": 34.500065, "volume": 7640958, "typical_volume": 3599637.1, "trend": 35.770512, "fair_value": 39.758717, "relative_strength": -12.549544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.44542, "energy": 35.278556, "activity_lines": [ 33.238586, 33.617862, 33.840952, 34.572315 ] }, { "date": "2024-05-17", "close": 33.721649, "volume": 2848698, "typical_volume": 3573040.8, "trend": 35.505595, "fair_value": 39.706674, "relative_strength": -14.190125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.202041, "energy": 25.974157, "activity_lines": [ 33.480118, 33.613144, 33.777068, 34.44013 ] }, { "date": "2024-05-24", "close": 32.635712, "volume": 2167748, "typical_volume": 3496027.6, "trend": 35.269188, "fair_value": 39.646238, "relative_strength": -14.894479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.93178, "energy": 25.91536, "activity_lines": [ 33.342373, 33.397704, 33.623033, 34.254976 ] }, { "date": "2024-05-31", "close": 32.578056, "volume": 1738600, "typical_volume": 3470892.6, "trend": 35.095246, "fair_value": 39.586338, "relative_strength": -14.672544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.320695, "energy": 26.398402, "activity_lines": [ 33.111092, 33.193622, 33.485563, 34.081355 ] }, { "date": "2024-06-07", "close": 30.976177, "volume": 2032700, "typical_volume": 3444442.6, "trend": 34.86086, "fair_value": 39.513984, "relative_strength": -17.473692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.029854, "energy": 46.638155, "activity_lines": [ 32.336241, 32.722751, 33.217271, 33.815609 ] }, { "date": "2024-06-14", "close": 30.917212, "volume": 923900, "typical_volume": 3332734.7, "trend": 34.621306, "fair_value": 39.442344, "relative_strength": -16.709689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.692694, "energy": 62.03268, "activity_lines": [ 31.681201, 32.326197, 32.971905, 33.56118 ] }, { "date": "2024-06-21", "close": 29.8755, "volume": 1386400, "typical_volume": 3212479.35, "trend": 34.325887, "fair_value": 39.363279, "relative_strength": -18.201969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.502078, "energy": 71.777875, "activity_lines": [ 30.91778, 31.834214, 32.650338, 33.254999 ] }, { "date": "2024-06-28", "close": 29.590504, "volume": 2534050, "typical_volume": 3142653.8, "trend": 34.021287, "fair_value": 39.283175, "relative_strength": -17.776763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.049913, "energy": 76.919077, "activity_lines": [ 30.315771, 31.355626, 32.326853, 32.94949 ] }, { "date": "2024-07-05", "close": 28.853445, "volume": 2107300, "typical_volume": 3069890.6, "trend": 33.693401, "fair_value": 39.19838, "relative_strength": -18.970004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.546032, "energy": 78.369515, "activity_lines": [ 29.671089, 30.778126, 31.939757, 32.616081 ] }, { "date": "2024-07-12", "close": 29.384127, "volume": 1314641, "typical_volume": 2998296.15, "trend": 33.435418, "fair_value": 39.119233, "relative_strength": -17.669893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.297813, "energy": 75.963236, "activity_lines": [ 29.451609, 30.362212, 31.622128, 32.338063 ] }, { "date": "2024-07-19", "close": 29.049992, "volume": 1187045, "typical_volume": 2881333.4, "trend": 33.181033, "fair_value": 39.038679, "relative_strength": -18.520049, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.282968, "energy": 76.472857, "activity_lines": [ 29.226887, 29.95253, 31.296168, 32.055132 ] }, { "date": "2024-07-26", "close": 28.283451, "volume": 1220745, "typical_volume": 2785665.65, "trend": 32.906863, "fair_value": 38.95332, "relative_strength": -17.783237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.273427, "energy": 76.068132, "activity_lines": [ 28.871133, 29.502569, 30.918124, 31.739159 ] }, { "date": "2024-08-02", "close": 29.423437, "volume": 1885514, "typical_volume": 2739640.35, "trend": 32.645386, "fair_value": 38.878282, "relative_strength": -14.536006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.871139, "energy": 50.848612, "activity_lines": [ 29.001511, 29.358754, 30.671068, 31.514422 ] }, { "date": "2024-08-09", "close": 30.219461, "volume": 4708841, "typical_volume": 2847737.4, "trend": 32.414607, "fair_value": 38.810635, "relative_strength": -10.5764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.341449, "energy": 44.422722, "activity_lines": [ 29.408368, 29.418076, 30.52084, 31.357911 ] }, { "date": "2024-08-16", "close": 29.71826, "volume": 2174300, "typical_volume": 2645427.4, "trend": 32.172887, "fair_value": 38.740151, "relative_strength": -12.227127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.048471, "energy": 34.652548, "activity_lines": [ 29.55709, 29.429154, 30.340518, 31.183953 ] }, { "date": "2024-08-23", "close": 28.352243, "volume": 1198580, "typical_volume": 2530258.9, "trend": 31.926316, "fair_value": 38.660244, "relative_strength": -14.921575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.33415, "energy": 36.614397, "activity_lines": [ 29.228198, 29.214737, 30.05836, 30.93746 ] }, { "date": "2024-08-30", "close": 29.511885, "volume": 1367100, "typical_volume": 2293394.7, "trend": 31.73762, "fair_value": 38.590409, "relative_strength": -10.594024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.793226, "energy": 28.261511, "activity_lines": [ 29.332369, 29.257799, 29.92347, 30.78169 ] }, { "date": "2024-09-06", "close": 29.05982, "volume": 1058200, "typical_volume": 2138804.7, "trend": 31.673842, "fair_value": 38.518208, "relative_strength": -9.062043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.504307, "energy": 35.880207, "activity_lines": [ 29.203957, 29.225279, 29.764338, 30.608929 ] }, { "date": "2024-09-13", "close": 28.401381, "volume": 805980, "typical_volume": 2060115.0, "trend": 31.526291, "fair_value": 38.442141, "relative_strength": -8.523559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.045525, "energy": 41.603203, "activity_lines": [ 28.880306, 29.082692, 29.554217, 30.397802 ] }, { "date": "2024-09-20", "close": 28.568447, "volume": 809600, "typical_volume": 2055545.0, "trend": 31.334657, "fair_value": 38.368457, "relative_strength": -8.563141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.541813, "energy": 38.062174, "activity_lines": [ 28.733549, 28.978699, 29.379209, 30.206974 ] }, { "date": "2024-09-27", "close": 31.339792, "volume": 2501571, "typical_volume": 1798575.65, "trend": 31.264551, "fair_value": 38.316393, "relative_strength": -10.509504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.028918, "energy": 14.567628, "activity_lines": [ 29.587228, 29.393418, 29.489566, 30.207305 ] }, { "date": "2024-10-04", "close": 33.659077, "volume": 2115754, "typical_volume": 1761928.45, "trend": 31.286811, "fair_value": 38.282148, "relative_strength": -10.498809, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 16.564499, "energy": 22.801478, "activity_lines": [ 31.014832, 30.188193, 29.835857, 30.361791 ] }, { "date": "2024-10-11", "close": 31.958923, "volume": 5746579, "typical_volume": 1940870.0, "trend": 31.224209, "fair_value": 38.235993, "relative_strength": -11.30565, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.999837, "energy": 29.078089, "activity_lines": [ 31.599238, 30.57611, 30.020526, 30.405153 ] }, { "date": "2024-10-18", "close": 31.791855, "volume": 2731958, "typical_volume": 1990537.9, "trend": 31.153156, "fair_value": 38.189296, "relative_strength": -12.391246, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.631235, "energy": 32.482026, "activity_lines": [ 31.934682, 30.887551, 30.192506, 30.441775 ] }, { "date": "2024-10-25", "close": 33.197182, "volume": 3675372, "typical_volume": 2072671.5, "trend": 31.071286, "fair_value": 38.153382, "relative_strength": -9.06395, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.882, "energy": 53.634132, "activity_lines": [ 32.512536, 31.425917, 30.502071, 30.573648 ] }, { "date": "2024-11-01", "close": 32.627193, "volume": 3270800, "typical_volume": 2190016.5, "trend": 30.956002, "fair_value": 38.113909, "relative_strength": -9.467318, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.725843, "energy": 45.968165, "activity_lines": [ 32.591812, 31.797395, 30.746775, 30.674029 ] }, { "date": "2024-11-08", "close": 34.37648, "volume": 4631641, "typical_volume": 2352278.55, "trend": 30.986478, "fair_value": 38.087403, "relative_strength": -9.185114, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.451142, "energy": 55.687322, "activity_lines": [ 33.168357, 32.4092, 31.149936, 30.894705 ] }, { "date": "2024-11-15", "close": 33.167702, "volume": 4285467, "typical_volume": 2439849.4, "trend": 31.04137, "fair_value": 38.052757, "relative_strength": -8.76738, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.312531, "energy": 46.978162, "activity_lines": [ 33.294149, 32.712779, 31.416541, 31.035429 ] }, { "date": "2024-11-22", "close": 35.536121, "volume": 11903833, "typical_volume": 2929676.05, "trend": 31.144777, "fair_value": 38.035158, "relative_strength": -0.033775, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.747564, "energy": 63.057909, "activity_lines": [ 34.128828, 33.372292, 31.891675, 31.325413 ] }, { "date": "2024-11-29", "close": 37.177311, "volume": 7222587, "typical_volume": 3225073.35, "trend": 31.281749, "fair_value": 38.029201, "relative_strength": 3.003667, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.254007, "energy": 76.274992, "activity_lines": [ 35.260953, 34.20048, 32.491291, 31.714609 ] }, { "date": "2024-12-06", "close": 36.735073, "volume": 7326935, "typical_volume": 3532067.85, "trend": 31.356249, "fair_value": 38.020276, "relative_strength": -0.193769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.641457, "energy": 72.599623, "activity_lines": [ 35.980324, 34.791736, 33.011679, 32.066436 ] }, { "date": "2024-12-13", "close": 38.199364, "volume": 5765379, "typical_volume": 3759299.55, "trend": 31.505506, "fair_value": 38.021502, "relative_strength": 4.387931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.855183, "energy": 79.562638, "activity_lines": [ 36.913933, 35.551131, 33.634928, 32.507927 ] }, { "date": "2024-12-20", "close": 36.479557, "volume": 5602500, "typical_volume": 3945148.85, "trend": 31.633634, "fair_value": 38.011013, "relative_strength": 0.686302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.730316, "energy": 63.710039, "activity_lines": [ 37.019414, 35.915283, 34.047166, 32.828834 ] }, { "date": "2024-12-27", "close": 35.359226, "volume": 3192816, "typical_volume": 3869347.6, "trend": 31.72634, "fair_value": 37.993095, "relative_strength": -2.957656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.159752, "energy": 46.992304, "activity_lines": [ 36.53066, 35.993545, 34.319106, 33.069195 ] }, { "date": "2025-01-03", "close": 34.563202, "volume": 3068475, "typical_volume": 3914056.35, "trend": 31.845907, "fair_value": 37.970076, "relative_strength": 0.750827, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.685948, "energy": 33.769564, "activity_lines": [ 35.788359, 35.862214, 34.49076, 33.252218 ] }, { "date": "2025-01-10", "close": 34.317513, "volume": 2756987, "typical_volume": 3991976.7, "trend": 31.959251, "fair_value": 37.945726, "relative_strength": 1.727964, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.712622, "energy": 22.302292, "activity_lines": [ 35.138435, 35.661376, 34.615943, 33.411676 ] }, { "date": "2025-01-17", "close": 34.494408, "volume": 2578680, "typical_volume": 4052555.7, "trend": 32.113214, "fair_value": 37.922869, "relative_strength": 0.336875, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.677251, "energy": 22.083957, "activity_lines": [ 34.708647, 35.461968, 34.729567, 33.575235 ] }, { "date": "2025-01-24", "close": 34.30769, "volume": 2429736, "typical_volume": 4121132.5, "trend": 32.270454, "fair_value": 37.899085, "relative_strength": -0.162183, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.723229, "energy": 20.817517, "activity_lines": [ 34.463617, 35.226466, 34.801682, 33.716814 ] }, { "date": "2025-01-31", "close": 34.592686, "volume": 425700, "typical_volume": 4102118.5, "trend": 32.461762, "fair_value": 37.877475, "relative_strength": 0.995346, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.006749, "energy": 17.891179, "activity_lines": [ 34.458376, 35.022055, 34.875949, 33.866635 ] }, { "date": "2025-02-07", "close": 34.278206, "volume": 1569675, "typical_volume": 4140122.25, "trend": 32.624898, "fair_value": 37.854103, "relative_strength": -1.35585, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.963704, "energy": 12.529239, "activity_lines": [ 34.399412, 34.77762, 34.890784, 33.983825 ] }, { "date": "2025-02-14", "close": 35.241299, "volume": 3669900, "typical_volume": 4198538.7, "trend": 32.831275, "fair_value": 37.837246, "relative_strength": 0.280444, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.700584, "energy": 11.824229, "activity_lines": [ 34.680478, 34.761003, 34.970153, 34.152625 ] }, { "date": "2025-02-21", "close": 35.152851, "volume": 3036300, "typical_volume": 4244566.0, "trend": 33.060255, "fair_value": 37.820038, "relative_strength": -0.745045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.950444, "energy": 17.861671, "activity_lines": [ 34.870475, 34.755464, 35.022519, 34.302404 ] }, { "date": "2025-02-28", "close": 33.973553, "volume": 3572200, "typical_volume": 4135847.05, "trend": 33.211925, "fair_value": 37.631671, "relative_strength": -2.246533, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.437291, "energy": 12.267081, "activity_lines": [ 34.623478, 34.590898, 34.955459, 34.361327 ] }, { "date": "2025-03-07", "close": 33.944073, "volume": 2869700, "typical_volume": 4142734.15, "trend": 33.336079, "fair_value": 37.514625, "relative_strength": -3.69152, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.107803, "energy": 6.301259, "activity_lines": [ 34.388929, 34.466536, 34.875997, 34.408562 ] }, { "date": "2025-03-14", "close": 39.673485, "volume": 10304557, "typical_volume": 4474193.4, "trend": 33.66792, "fair_value": 37.450624, "relative_strength": 10.909619, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 73.28805, "energy": 49.461601, "activity_lines": [ 36.107425, 35.409616, 35.331944, 34.817427 ] }, { "date": "2025-03-21", "close": 37.344376, "volume": 9849939, "typical_volume": 4803150.35, "trend": 33.967658, "fair_value": 37.384651, "relative_strength": 6.102639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.067853, "energy": 55.799876, "activity_lines": [ 36.689866, 35.836306, 35.535232, 35.054618 ] }, { "date": "2025-03-28", "close": 39.113319, "volume": 8494298, "typical_volume": 4996283.2, "trend": 34.287706, "fair_value": 37.30614, "relative_strength": 11.587776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.909308, "energy": 73.436669, "activity_lines": [ 37.72175, 36.529589, 35.884529, 35.386596 ] }, { "date": "2025-04-04", "close": 40.164856, "volume": 6997207, "typical_volume": 5131870.2, "trend": 34.657873, "fair_value": 37.267906, "relative_strength": 14.851419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.972792, "energy": 80.847274, "activity_lines": [ 38.840115, 37.330081, 36.311415, 35.765767 ] }, { "date": "2025-04-11", "close": 40.980537, "volume": 12173575, "typical_volume": 5145357.3, "trend": 35.077179, "fair_value": 37.2373, "relative_strength": 20.590817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.105135, "energy": 78.436262, "activity_lines": [ 39.81762, 38.172384, 36.782665, 36.173681 ] }, { "date": "2025-04-18", "close": 38.169884, "volume": 15789679, "typical_volume": 5573711.9, "trend": 35.397226, "fair_value": 37.190418, "relative_strength": 10.723224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.027378, "energy": 60.69398, "activity_lines": [ 39.389143, 38.387516, 36.960309, 36.37321 ] }, { "date": "2025-04-25", "close": 41.059158, "volume": 9809791, "typical_volume": 5697854.7, "trend": 35.721205, "fair_value": 37.170154, "relative_strength": 18.019086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.841566, "energy": 50.595396, "activity_lines": [ 40.023998, 39.057213, 37.408394, 36.738496 ] }, { "date": "2025-05-02", "close": 39.830723, "volume": 5203400, "typical_volume": 5669755.75, "trend": 35.926927, "fair_value": 37.161994, "relative_strength": 14.735032, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.051117, "energy": 41.773606, "activity_lines": [ 40.001722, 39.397779, 37.718895, 37.003626 ] }, { "date": "2025-05-09", "close": 40.007618, "volume": 5669600, "typical_volume": 5673110.75, "trend": 36.195217, "fair_value": 37.161987, "relative_strength": 12.86113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.752883, "energy": 36.138584, "activity_lines": [ 39.990584, 39.685456, 38.038475, 37.266897 ] }, { "date": "2025-05-16", "close": 44.862389, "volume": 11646074, "typical_volume": 6095773.65, "trend": 36.630901, "fair_value": 37.171083, "relative_strength": 25.003239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.732071, "energy": 52.087194, "activity_lines": [ 41.608186, 40.746108, 38.803614, 37.826069 ] }, { "date": "2025-05-23", "close": 43.496368, "volume": 30982682, "typical_volume": 7491484.0, "trend": 36.974207, "fair_value": 37.224875, "relative_strength": 21.357006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.246027, "energy": 45.354719, "activity_lines": [ 42.511657, 41.359878, 39.393402, 38.269002 ] }, { "date": "2025-05-30", "close": 43.191719, "volume": 16707808, "typical_volume": 8189025.05, "trend": 37.326358, "fair_value": 37.270536, "relative_strength": 20.032375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.229451, "energy": 46.414286, "activity_lines": [ 42.95848, 41.84875, 39.911637, 38.670132 ] }, { "date": "2025-06-06", "close": 44.34153, "volume": 11404528, "typical_volume": 8630317.45, "trend": 37.658527, "fair_value": 37.313668, "relative_strength": 21.210394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.956849, "energy": 52.794999, "activity_lines": [ 43.646402, 42.440363, 40.49712, 39.122724 ] }, { "date": "2025-06-13", "close": 42.35638, "volume": 12364089, "typical_volume": 9127035.1, "trend": 37.964816, "fair_value": 37.351634, "relative_strength": 15.587608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.399348, "energy": 40.93325, "activity_lines": [ 43.371887, 42.575982, 40.84665, 39.425811 ] }, { "date": "2025-06-20", "close": 40.931404, "volume": 8476400, "typical_volume": 9529570.1, "trend": 38.144659, "fair_value": 37.38646, "relative_strength": 11.827963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.897807, "energy": 31.732806, "activity_lines": [ 42.465796, 42.412668, 41.022141, 39.617204 ] }, { "date": "2025-06-27", "close": 41.275364, "volume": 4868040, "typical_volume": 9694488.35, "trend": 38.28126, "fair_value": 37.415653, "relative_strength": 10.243891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.186669, "energy": 22.477899, "activity_lines": [ 41.936424, 42.312785, 41.200205, 39.819185 ] }, { "date": "2025-07-04", "close": 40.990364, "volume": 6165704, "typical_volume": 9819278.55, "trend": 38.423103, "fair_value": 37.436638, "relative_strength": 7.583373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.763938, "energy": 17.984429, "activity_lines": [ 41.460119, 42.104621, 41.317807, 39.993966 ] }, { "date": "2025-07-11", "close": 41.697945, "volume": 5520454, "typical_volume": 9943486.25, "trend": 38.539723, "fair_value": 37.466413, "relative_strength": 7.883927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.270106, "energy": 17.608165, "activity_lines": [ 41.366431, 42.026359, 41.475421, 40.205246 ] }, { "date": "2025-07-18", "close": 44.086018, "volume": 11844697, "typical_volume": 10357111.1, "trend": 38.793271, "fair_value": 37.502018, "relative_strength": 12.740138, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.084193, "energy": 23.516094, "activity_lines": [ 42.245006, 42.348343, 41.829304, 40.563072 ] }, { "date": "2025-07-25", "close": 43.742054, "volume": 5076723, "typical_volume": 10467462.25, "trend": 39.072699, "fair_value": 37.502848, "relative_strength": 9.563806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.6016, "energy": 30.487287, "activity_lines": [ 42.893618, 42.533635, 42.102273, 40.882348 ] }, { "date": "2025-08-01", "close": 42.110695, "volume": 6744700, "typical_volume": 10289469.4, "trend": 39.324282, "fair_value": 37.496928, "relative_strength": 6.163504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.174835, "energy": 28.34226, "activity_lines": [ 42.811067, 42.442686, 42.173218, 41.078348 ] }, { "date": "2025-08-08", "close": 43.48, "volume": 4747875, "typical_volume": 10034366.2, "trend": 39.629698, "fair_value": 37.503127, "relative_strength": 7.089403, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 51.819238, "energy": 32.456709, "activity_lines": [ 43.129262, 42.625896, 42.362967, 41.346458 ] }, { "date": "2025-08-15", "close": 42.439999, "volume": 4703504, "typical_volume": 9844826.5, "trend": 39.894551, "fair_value": 37.499379, "relative_strength": 2.580165, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.211382, "energy": 26.299638, "activity_lines": [ 42.934814, 42.614773, 42.424451, 41.527768 ] }, { "date": "2025-08-22", "close": 43.599998, "volume": 5640645, "typical_volume": 9776998.4, "trend": 40.204295, "fair_value": 37.509264, "relative_strength": 1.575425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.088915, "energy": 28.823156, "activity_lines": [ 43.077562, 42.849132, 42.58057, 41.766829 ] }, { "date": "2025-08-29", "close": 42.73, "volume": 5751172, "typical_volume": 9455878.25, "trend": 40.475539, "fair_value": 37.540125, "relative_strength": -1.398503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.365458, "energy": 26.065397, "activity_lines": [ 42.962712, 42.902698, 42.637474, 41.929778 ] }, { "date": "2025-09-05", "close": 46.509998, "volume": 8090916, "typical_volume": 9070940.1, "trend": 40.883265, "fair_value": 37.589019, "relative_strength": 8.288652, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.606924, "energy": 50.811514, "activity_lines": [ 44.175332, 43.610836, 43.046047, 42.319098 ] }, { "date": "2025-09-12", "close": 46.66, "volume": 12726008, "typical_volume": 9216750.95, "trend": 41.263889, "fair_value": 37.644465, "relative_strength": 6.724904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.515777, "energy": 64.853018, "activity_lines": [ 45.144666, 44.251071, 43.429191, 42.69179 ] }, { "date": "2025-09-19", "close": 47.299999, "volume": 12575894, "typical_volume": 9585375.65, "trend": 41.668794, "fair_value": 37.709239, "relative_strength": 9.257738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.448142, "energy": 67.345889, "activity_lines": [ 46.115332, 44.904585, 43.846617, 43.081217 ] }, { "date": "2025-09-26", "close": 44.41, "volume": 4612287, "typical_volume": 9532510.0, "trend": 42.016675, "fair_value": 37.746434, "relative_strength": 2.115971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.246104, "energy": 59.240798, "activity_lines": [ 45.798666, 44.930789, 43.953237, 43.258069 ] }, { "date": "2025-10-03", "close": 43.939999, "volume": 1532700, "typical_volume": 9026841.3, "trend": 42.349873, "fair_value": 37.78487, "relative_strength": -0.594083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.853957, "energy": 34.998606, "activity_lines": [ 45.271333, 44.865648, 43.994131, 43.382154 ] }, { "date": "2025-10-10", "close": 42.889999, "volume": 2070000, "typical_volume": 7581207.2, "trend": 42.45709, "fair_value": 37.825324, "relative_strength": -3.499367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.94946, "energy": 16.52841, "activity_lines": [ 44.313333, 44.605999, 43.939417, 43.417001 ] }, { "date": "2025-10-17", "close": 41.639999, "volume": 4906876, "typical_volume": 6991160.6, "trend": 42.600277, "fair_value": 37.868703, "relative_strength": -5.089935, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.610976, "energy": 16.153969, "activity_lines": [ 43.179999, 44.104908, 43.768543, 43.364286 ] }, { "date": "2025-10-24", "close": 42.27, "volume": 4477200, "typical_volume": 6644794.2, "trend": 42.7055, "fair_value": 37.918429, "relative_strength": -6.451132, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.777577, "energy": 17.781404, "activity_lines": [ 42.591333, 43.751818, 43.665059, 43.342977 ] }, { "date": "2025-10-31", "close": 42.98, "volume": 4866800, "typical_volume": 6269929.75, "trend": 42.799338, "fair_value": 37.966448, "relative_strength": -5.130468, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.011878, "energy": 20.466727, "activity_lines": [ 42.574666, 43.530909, 43.639058, 43.360687 ] }, { "date": "2025-11-07", "close": 43.509998, "volume": 3361800, "typical_volume": 6014199.75, "trend": 42.883653, "fair_value": 38.018107, "relative_strength": -5.135596, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.180034, "energy": 15.653892, "activity_lines": [ 42.829999, 43.417636, 43.660563, 43.406536 ] }, { "date": "2025-11-14", "close": 44.610001, "volume": 4441550, "typical_volume": 5992875.25, "trend": 43.098324, "fair_value": 38.087148, "relative_strength": -2.764089, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.932432, "energy": 9.198963, "activity_lines": [ 43.480666, 43.490181, 43.774552, 43.517913 ] }, { "date": "2025-11-21", "close": 40.98, "volume": 3689000, "typical_volume": 5869040.05, "trend": 43.095685, "fair_value": 38.123622, "relative_strength": -7.022414, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.619822, "energy": 12.294476, "activity_lines": [ 42.806667, 42.937272, 43.526947, 43.381247 ] }, { "date": "2025-11-28", "close": 42.32, "volume": 2599939, "typical_volume": 5723014.3, "trend": 43.178661, "fair_value": 38.168383, "relative_strength": -5.261771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.645999, "energy": 9.745216, "activity_lines": [ 42.623333, 42.731272, 43.40701, 43.331203 ] }, { "date": "2025-12-05", "close": 41.950001, "volume": 2347800, "typical_volume": 5248169.45, "trend": 43.243407, "fair_value": 38.1844, "relative_strength": -6.425323, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.607539, "energy": 21.664156, "activity_lines": [ 42.313334, 42.548545, 43.248873, 43.251935 ] }, { "date": "2025-12-12", "close": 40.869999, "volume": 2082595, "typical_volume": 5098463.05, "trend": 43.110328, "fair_value": 38.208139, "relative_strength": -8.403254, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.507647, "energy": 57.367236, "activity_lines": [ 41.712, 42.214182, 42.998051, 43.098812 ] }, { "date": "2025-12-19", "close": 42.919998, "volume": 5132958, "typical_volume": 5017875.95, "trend": 43.091115, "fair_value": 38.237301, "relative_strength": -3.868513, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.58292, "energy": 43.362957, "activity_lines": [ 41.969999, 42.308363, 42.956142, 43.086532 ] }, { "date": "2025-12-26", "close": 42.610001, "volume": 2779500, "typical_volume": 4919457.2, "trend": 43.071725, "fair_value": 38.241873, "relative_strength": -6.381118, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.971987, "energy": 35.250477, "activity_lines": [ 42.237333, 42.345636, 42.880857, 43.055493 ] }, { "date": "2026-01-02", "close": 42.970001, "volume": 1516100, "typical_volume": 4760087.0, "trend": 43.026007, "fair_value": 38.245715, "relative_strength": -5.72308, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.824739, "energy": 8.847829, "activity_lines": [ 42.516, 42.430727, 42.844, 43.04893 ] }, { "date": "2026-01-09", "close": 44.68, "volume": 4662400, "typical_volume": 4711174.75, "trend": 43.103461, "fair_value": 38.278686, "relative_strength": -5.579696, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.536184, "energy": 17.440326, "activity_lines": [ 43.321333, 42.814, 42.967476, 43.155639 ] }, { "date": "2026-01-16", "close": 45.330002, "volume": 3766900, "typical_volume": 4611961.15, "trend": 43.250081, "fair_value": 38.322629, "relative_strength": -3.839838, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.984002, "energy": 29.892087, "activity_lines": [ 44.161334, 43.284546, 43.147714, 43.299287 ] }, { "date": "2026-01-23", "close": 46.57, "volume": 3438500, "typical_volume": 4379340.35, "trend": 43.426569, "fair_value": 38.357325, "relative_strength": -2.14397, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.165744, "energy": 61.610535, "activity_lines": [ 45.117334, 43.947455, 43.433667, 43.513475 ] }, { "date": "2026-01-30", "close": 45.549999, "volume": 3312350, "typical_volume": 3908657.45, "trend": 43.578557, "fair_value": 38.374849, "relative_strength": -3.93122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.75252, "energy": 62.255016, "activity_lines": [ 45.49, 44.389273, 43.62219, 43.650471 ] }, { "date": "2026-02-06", "close": 45.119999, "volume": 3129600, "typical_volume": 3436342.75, "trend": 43.692625, "fair_value": 38.404017, "relative_strength": -3.72856, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.178635, "energy": 62.736739, "activity_lines": [ 45.523333, 44.669818, 43.775048, 43.749919 ] }, { "date": "2026-02-13", "close": 44.560001, "volume": 2772005, "typical_volume": 3344328.65, "trend": 43.708425, "fair_value": 38.428624, "relative_strength": -5.368412, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.594097, "energy": 46.572651, "activity_lines": [ 45.226667, 44.797636, 43.884952, 43.805878 ] }, { "date": "2026-02-27", "close": 44.619999, "volume": 2272999, "typical_volume": 3381343.6, "trend": 43.73769, "fair_value": 38.459752, "relative_strength": -7.129268, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.92541, "energy": 30.51268, "activity_lines": [ 44.958, 44.888909, 43.999857, 43.864689 ] }, { "date": "2026-03-06", "close": 43.700001, "volume": 4212480, "typical_volume": 3488467.6, "trend": 43.790666, "fair_value": 38.471979, "relative_strength": -8.246834, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.880861, "energy": 15.640646, "activity_lines": [ 44.43, 44.744727, 44.023905, 43.862258 ] }, { "date": "2026-03-13", "close": 42.860001, "volume": 2486800, "typical_volume": 3367463.8, "trend": 43.77, "fair_value": 38.489516, "relative_strength": -9.439267, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.333323, "energy": 14.231832, "activity_lines": [ 43.813334, 44.433637, 43.964095, 43.802215 ] }, { "date": "2026-03-20", "close": 40.880001, "volume": 3620245, "typical_volume": 3324616.05, "trend": 43.718, "fair_value": 38.480446, "relative_strength": -10.412431, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.940622, "energy": 29.350063, "activity_lines": [ 42.716001, 43.758, 43.709905, 43.615764 ] }, { "date": "2026-03-27", "close": 41.740002, "volume": 4806610, "typical_volume": 3321606.55, "trend": 43.656, "fair_value": 38.495483, "relative_strength": -7.448176, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.905567, "energy": 39.725867, "activity_lines": [ 42.188001, 43.276728, 43.544239, 43.488151 ] }, { "date": "2026-04-03", "close": 40.700001, "volume": 2780600, "typical_volume": 3292546.55, "trend": 43.588333, "fair_value": 38.511751, "relative_strength": -8.79223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.70355, "energy": 60.101729, "activity_lines": [ 41.501335, 42.659819, 43.285429, 43.297441 ] }, { "date": "2026-04-10", "close": 41.700001, "volume": 2294800, "typical_volume": 3185209.05, "trend": 43.428, "fair_value": 38.512313, "relative_strength": -8.801744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.965489, "energy": 57.666024, "activity_lines": [ 41.409335, 42.30891, 43.135239, 43.175613 ] }, { "date": "2026-04-17", "close": 39.959999, "volume": 3556519, "typical_volume": 3178585.0, "trend": 43.204667, "fair_value": 38.492606, "relative_strength": -13.609176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.372244, "energy": 61.364529, "activity_lines": [ 40.870667, 41.730182, 42.833191, 42.951871 ] }, { "date": "2026-04-24", "close": 40.18, "volume": 3145398, "typical_volume": 3205857.95, "trend": 42.967333, "fair_value": 38.475282, "relative_strength": -13.477414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.942458, "energy": 58.455845, "activity_lines": [ 40.598667, 41.293091, 42.556953, 42.756731 ] }, { "date": "2026-05-01", "close": 41.080002, "volume": 3284130, "typical_volume": 3252674.45, "trend": 42.856333, "fair_value": 38.47041, "relative_strength": -11.865396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.59184, "energy": 44.32151, "activity_lines": [ 40.673334, 41.109455, 42.37662, 42.634968 ] }, { "date": "2026-05-08", "close": 41.57, "volume": 2172510, "typical_volume": 3257170.2, "trend": 42.777334, "fair_value": 38.464974, "relative_strength": -11.931605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.859321, "energy": 37.20982, "activity_lines": [ 40.955334, 41.078182, 42.247096, 42.551979 ] }, { "date": "2026-05-15", "close": 40.0, "volume": 3692292, "typical_volume": 3185136.9, "trend": 42.681, "fair_value": 38.443457, "relative_strength": -14.00793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.973536, "energy": 36.892669, "activity_lines": [ 40.656, 40.81691, 41.964715, 42.372796 ] }, { "date": "2026-05-22", "close": 39.400002, "volume": 2999630, "typical_volume": 3196143.4, "trend": 42.606334, "fair_value": 38.415908, "relative_strength": -14.286174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.397179, "energy": 38.52385, "activity_lines": [ 40.270001, 40.513819, 41.639096, 42.161119 ] }, { "date": "2026-05-29", "close": 36.860001, "volume": 2746434, "typical_volume": 3257660.1, "trend": 42.426, "fair_value": 38.381494, "relative_strength": -18.386206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.321063, "energy": 61.513844, "activity_lines": [ 39.074668, 39.811819, 41.086858, 41.790388 ] }, { "date": "2026-06-05", "close": 35.459999, "volume": 533110, "typical_volume": 3051195.6, "trend": 42.175334, "fair_value": 38.336394, "relative_strength": -20.122875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.562051, "energy": 81.823631, "activity_lines": [ 37.634, 38.928364, 40.430381, 41.340968 ] }, { "date": "2026-06-12", "close": 35.080002, "volume": 419300, "typical_volume": 2883815.6, "trend": 41.894334, "fair_value": 38.280048, "relative_strength": -20.442594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.954283, "energy": 87.121472, "activity_lines": [ 36.441334, 38.090001, 39.78162, 40.883205 ] }, { "date": "2026-06-19", "close": 33.080002, "volume": 2251524, "typical_volume": 2824466.8, "trend": 41.51, "fair_value": 38.215072, "relative_strength": -25.476043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.753574, "energy": 93.876248, "activity_lines": [ 35.014668, 36.990183, 38.991191, 40.314538 ] }, { "date": "2026-06-26", "close": 31.75, "volume": 502400, "typical_volume": 2683969.3, "trend": 41.202334, "fair_value": 38.149639, "relative_strength": -26.791872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.358035, "energy": 95.256557, "activity_lines": [ 33.606001, 35.805274, 38.138334, 39.684861 ] }, { "date": "2026-07-03", "close": 33.599998, "volume": 498900, "typical_volume": 2552434.3, "trend": 40.911667, "fair_value": 38.096559, "relative_strength": -22.320567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.071053, "energy": 87.735644, "activity_lines": [ 33.324, 35.106, 37.527381, 39.194388 ] }, { "date": "2026-07-10", "close": 32.43, "volume": 2403400, "typical_volume": 2534004.05, "trend": 40.594334, "fair_value": 38.043309, "relative_strength": -23.628068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.033122, "energy": 88.320461, "activity_lines": [ 32.869333, 34.313637, 36.859858, 38.647183 ] }, { "date": "2026-07-17", "close": 32.98, "volume": 3654375, "typical_volume": 2603072.85, "trend": 40.331334, "fair_value": 37.988656, "relative_strength": -17.077888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.938287, "energy": 74.543299, "activity_lines": [ 32.8, 33.778546, 36.302477, 38.155936 ] }, { "date": "2026-07-24", "close": 30.700001, "volume": 4001784, "typical_volume": 2592538.05, "trend": 39.924001, "fair_value": 37.925117, "relative_strength": -23.204883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.270842, "energy": 68.768624, "activity_lines": [ 32.110667, 32.985091, 35.583381, 37.53456 ] }, { "date": "2026-07-31", "close": 33.48, "volume": 3282908, "typical_volume": 2632343.45, "trend": 39.619667, "fair_value": 37.877305, "relative_strength": -16.116777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.346368, "energy": 57.768564, "activity_lines": [ 32.506667, 32.866182, 35.190953, 37.118818 ] }, { "date": "2026-08-07", "close": 37.509998, "volume": 4808890, "typical_volume": 2691775.7, "trend": 39.437667, "fair_value": 37.859391, "relative_strength": -8.199092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.46092, "energy": 32.644181, "activity_lines": [ 34.130666, 33.587636, 35.227, 36.98271 ] } ], "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." } } }