{ "ticker": { "uuid": "b053e6a7-3d5b-490b-a135-e4ee679d3c9d", "symbol": "603679", "name": "Sichuan Huati Lighting Technology 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 70.224, "architecture_energy": 32.589, "architecture_maturity": 64.733, "architecture_confidence": 91.034, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 24.18, "rotation_up": 39.96, "upward_expansion": 70.27, "deceleration": 91.44, "rotation_down": 31.61, "downward_expansion": 12.93 }, "activity_lines": [ 19.273999, 19.189818, 18.264, 17.489247 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 22.57, "trend_reference": 16.812333, "distance_from_trend": 0.342467, "trend_direction": "Improving", "fair_value": 14.32271, "distance_from_fair_value": 0.575819, "fair_value_direction": "Improving", "relative_strength": 36.346592, "relative_strength_direction": "Improving", "price_momentum": 0.454253, "excess_performance": 0.497456, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.342467, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054109, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.575819, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.460112, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.363466, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.446344, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.454253, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.497769, "read": "Demand-led" } ], "volume": { "latest": 71599652, "relative_activity": 2.130699, "balance": 1.497769, "dry_up": 1.49325, "accumulation_observations": 5, "distribution_observations": 4 }, "risk": { "range_context": 0.114481, "annualized_volatility": 0.645175, "from_high_reference": -0.044454, "from_low_reference": 0.78278 }, "levels": { "trend_reference": 16.812333, "fair_value_reference": 14.32271, "structural_low": 12.66, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.034916, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.022199, "regime_survival": 0.333333, "best_return": 0.104079, "worst_return": -0.340764, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.059564, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.038213, "regime_survival": 0.0, "best_return": 0.114462, "worst_return": 0.0, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.060329, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.034512, "regime_survival": 0.0, "best_return": 0.174497, "worst_return": -0.173463, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.21423, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.073714, "regime_survival": 0.666667, "best_return": 0.345353, "worst_return": -0.19414, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-08", "end": "2024-12-27", "tenure": "Developing", "return": -0.223457, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.04698, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-21", "tenure": "New", "return": 0.112733, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-04-04", "tenure": "Developing", "return": -0.046073, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.40414, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.047585, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-09-19", "tenure": "Developing", "return": 0.085282, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": 0.130744, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": -0.057396, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-03-27", "tenure": "Established", "return": -0.072669, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-05-22", "tenure": "Developing", "return": 0.382929, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": 0.255419, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-07-24", "tenure": "Developing", "return": -0.216585, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.16943, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 14.25355, "volume": 13709660, "typical_volume": 17147562.95, "trend": 13.496648, "fair_value": 15.760177, "relative_strength": 9.322725, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.693157, "energy": 33.0717, "activity_lines": [ 14.447543, 14.367614, 13.945979, 13.773563 ] }, { "date": "2023-08-04", "close": 13.997085, "volume": 13937000, "typical_volume": 17587159.95, "trend": 13.570958, "fair_value": 15.667933, "relative_strength": 6.706598, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.392733, "energy": 22.265078, "activity_lines": [ 14.277881, 14.33031, 13.972049, 13.805849 ] }, { "date": "2023-08-11", "close": 14.293006, "volume": 15128584, "typical_volume": 17858667.5, "trend": 13.622251, "fair_value": 15.586526, "relative_strength": 11.980706, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.769411, "energy": 19.816069, "activity_lines": [ 14.254865, 14.326723, 14.020007, 13.852433 ] }, { "date": "2023-08-18", "close": 13.849124, "volume": 11795985, "typical_volume": 17876433.95, "trend": 13.669927, "fair_value": 15.502526, "relative_strength": 10.169978, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.456827, "energy": 14.874321, "activity_lines": [ 14.102301, 14.233284, 14.023858, 13.86707 ] }, { "date": "2023-08-25", "close": 12.892311, "volume": 25341504, "typical_volume": 18844299.15, "trend": 13.674201, "fair_value": 15.402445, "relative_strength": 4.616623, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.183074, "energy": 13.445192, "activity_lines": [ 13.665653, 13.986503, 13.935974, 13.816901 ] }, { "date": "2023-09-01", "close": 13.217824, "volume": 15519676, "typical_volume": 19085550.25, "trend": 13.674201, "fair_value": 15.306716, "relative_strength": 4.637829, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.095386, "energy": 17.738442, "activity_lines": [ 13.452589, 13.813613, 13.883084, 13.787458 ] }, { "date": "2023-09-08", "close": 14.164773, "volume": 53058614, "typical_volume": 21235622.95, "trend": 13.702149, "fair_value": 15.204087, "relative_strength": 12.366218, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.731741, "energy": 11.266264, "activity_lines": [ 13.624223, 13.829396, 13.925124, 13.819107 ] }, { "date": "2023-09-15", "close": 13.020544, "volume": 35809825, "typical_volume": 22296541.8, "trend": 13.695574, "fair_value": 15.11188, "relative_strength": 2.964363, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.229854, "energy": 25.647828, "activity_lines": [ 13.403269, 13.64718, 13.854291, 13.775133 ] }, { "date": "2023-09-22", "close": 13.582795, "volume": 17764758, "typical_volume": 23016068.35, "trend": 13.668283, "fair_value": 15.02611, "relative_strength": 6.439837, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.102576, "energy": 16.065419, "activity_lines": [ 13.454562, 13.595349, 13.837898, 13.767857 ] }, { "date": "2023-09-29", "close": 13.750483, "volume": 14548500, "typical_volume": 23378854.25, "trend": 13.672229, "fair_value": 14.956211, "relative_strength": 7.945187, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.973269, "energy": 5.781799, "activity_lines": [ 13.579506, 13.588354, 13.834797, 13.77316 ] }, { "date": "2023-10-13", "close": 13.750483, "volume": 14852030, "typical_volume": 23646836.65, "trend": 13.699519, "fair_value": 14.890028, "relative_strength": 8.157736, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.325128, "energy": 5.690307, "activity_lines": [ 13.64724, 13.597142, 13.82498, 13.778209 ] }, { "date": "2023-10-20", "close": 13.582795, "volume": 15173600, "typical_volume": 23560805.95, "trend": 13.729769, "fair_value": 14.829759, "relative_strength": 9.940706, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.887725, "energy": 4.150637, "activity_lines": [ 13.623566, 13.584588, 13.792194, 13.770678 ] }, { "date": "2023-10-27", "close": 15.378052, "volume": 111386267, "typical_volume": 28358484.25, "trend": 13.77876, "fair_value": 14.773882, "relative_strength": 22.148936, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.545082, "energy": 28.660827, "activity_lines": [ 14.23711, 13.905977, 13.927097, 13.877019 ] }, { "date": "2023-11-03", "close": 16.186903, "volume": 114104497, "typical_volume": 32183907.05, "trend": 13.860961, "fair_value": 14.72338, "relative_strength": 27.034341, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.602504, "energy": 60.406846, "activity_lines": [ 14.963104, 14.354701, 14.131471, 14.032383 ] }, { "date": "2023-11-10", "close": 15.772614, "volume": 53901333, "typical_volume": 30709719.9, "trend": 13.929023, "fair_value": 14.676078, "relative_strength": 22.612973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.344862, "energy": 65.777811, "activity_lines": [ 15.377394, 14.685595, 14.290658, 14.155715 ] }, { "date": "2023-11-17", "close": 16.729425, "volume": 83380128, "typical_volume": 33777522.25, "trend": 14.012867, "fair_value": 14.63749, "relative_strength": 28.383348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.404822, "energy": 74.799445, "activity_lines": [ 15.975813, 15.138086, 14.531105, 14.336387 ] }, { "date": "2023-11-24", "close": 15.831797, "volume": 64768031, "typical_volume": 36046836.15, "trend": 14.095725, "fair_value": 14.611031, "relative_strength": 21.290462, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.491963, "energy": 67.466268, "activity_lines": [ 16.076426, 15.363524, 14.673664, 14.453737 ] }, { "date": "2023-12-01", "close": 15.979759, "volume": 47427680, "typical_volume": 37738258.0, "trend": 14.188118, "fair_value": 14.573053, "relative_strength": 22.112689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.680791, "energy": 57.866015, "activity_lines": [ 16.076426, 15.585555, 14.825007, 14.575288 ] }, { "date": "2023-12-08", "close": 14.786208, "volume": 23483929, "typical_volume": 38199235.05, "trend": 14.246974, "fair_value": 14.529313, "relative_strength": 14.906727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.997325, "energy": 35.589988, "activity_lines": [ 15.638462, 15.536773, 14.855961, 14.613874 ] }, { "date": "2023-12-15", "close": 14.61852, "volume": 15231760, "typical_volume": 38016168.05, "trend": 14.322927, "fair_value": 14.482925, "relative_strength": 14.170101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.699086, "energy": 18.903337, "activity_lines": [ 15.237982, 15.435622, 14.868972, 14.637845 ] }, { "date": "2023-12-22", "close": 14.026677, "volume": 12414900, "typical_volume": 37951430.05, "trend": 14.381125, "fair_value": 14.414671, "relative_strength": 10.133055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.103287, "energy": 16.137403, "activity_lines": [ 14.71716, 15.21108, 14.825618, 14.618732 ] }, { "date": "2023-12-29", "close": 14.727024, "volume": 13820750, "typical_volume": 37945617.55, "trend": 14.442282, "fair_value": 14.359722, "relative_strength": 12.907063, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.05537, "energy": 20.810177, "activity_lines": [ 14.609971, 15.108853, 14.850043, 14.641048 ] }, { "date": "2024-01-05", "close": 14.352191, "volume": 9797100, "typical_volume": 37679043.35, "trend": 14.461024, "fair_value": 14.310303, "relative_strength": 11.309474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.275762, "energy": 13.809591, "activity_lines": [ 14.451489, 14.917669, 14.835294, 14.635236 ] }, { "date": "2024-01-12", "close": 14.381783, "volume": 15871042, "typical_volume": 37882796.2, "trend": 14.440967, "fair_value": 14.245396, "relative_strength": 12.783935, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.882422, "energy": 15.331482, "activity_lines": [ 14.411375, 14.750519, 14.823081, 14.630123 ] }, { "date": "2024-01-19", "close": 15.486556, "volume": 68528879, "typical_volume": 40042164.95, "trend": 14.50048, "fair_value": 14.199345, "relative_strength": 22.816114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.197848, "energy": 9.886504, "activity_lines": [ 14.766481, 14.817056, 14.913549, 14.697581 ] }, { "date": "2024-01-26", "close": 12.685165, "volume": 85511182, "typical_volume": 43541740.25, "trend": 14.452475, "fair_value": 14.137541, "relative_strength": -2.29396, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.266375, "energy": 20.386963, "activity_lines": [ 14.12992, 14.379451, 14.724863, 14.580463 ] }, { "date": "2024-02-02", "close": 9.755544, "volume": 39794591, "typical_volume": 42878539.1, "trend": 14.287088, "fair_value": 14.064386, "relative_strength": -19.786715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.207412, "energy": 71.643184, "activity_lines": [ 12.606254, 13.482719, 14.259703, 14.277436 ] }, { "date": "2024-02-09", "close": 8.039199, "volume": 46495472, "typical_volume": 43412821.45, "trend": 14.069421, "fair_value": 13.983504, "relative_strength": -36.689789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.802711, "energy": 87.554261, "activity_lines": [ 10.841904, 12.384402, 13.652078, 13.874346 ] }, { "date": "2024-02-23", "close": 10.209291, "volume": 49371515, "typical_volume": 44993159.3, "trend": 13.930667, "fair_value": 13.912944, "relative_strength": -23.088328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.894403, "energy": 83.023902, "activity_lines": [ 10.221785, 11.825021, 13.274848, 13.625305 ] }, { "date": "2024-03-01", "close": 10.416435, "volume": 49937398, "typical_volume": 46762604.2, "trend": 13.790597, "fair_value": 13.863734, "relative_strength": -21.877737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.404552, "energy": 82.45119, "activity_lines": [ 9.948879, 11.386519, 12.933411, 13.398581 ] }, { "date": "2024-03-08", "close": 10.633444, "volume": 34428227, "typical_volume": 47741414.05, "trend": 13.669927, "fair_value": 13.823471, "relative_strength": -20.429046, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.93174, "energy": 78.998514, "activity_lines": [ 10.086318, 11.063875, 12.628518, 13.194894 ] }, { "date": "2024-03-15", "close": 11.057598, "volume": 35939811, "typical_volume": 48779724.6, "trend": 13.571944, "fair_value": 13.781205, "relative_strength": -17.316049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.071657, "energy": 49.390877, "activity_lines": [ 10.501923, 10.880045, 12.378864, 13.026356 ] }, { "date": "2024-03-22", "close": 11.659305, "volume": 35125540, "typical_volume": 44966688.25, "trend": 13.484154, "fair_value": 13.737192, "relative_strength": -12.5594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.218526, "energy": 34.304781, "activity_lines": [ 11.031294, 10.872333, 12.19854, 12.90296 ] }, { "date": "2024-03-29", "close": 15.170906, "volume": 35414850, "typical_volume": 41032205.9, "trend": 13.528213, "fair_value": 13.715878, "relative_strength": 13.489909, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.504964, "energy": 15.922296, "activity_lines": [ 12.489858, 11.552056, 12.370362, 13.011783 ] }, { "date": "2024-04-05", "close": 16.522282, "volume": 14274516, "typical_volume": 39050865.05, "trend": 13.649213, "fair_value": 13.698315, "relative_strength": 21.867141, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 25.877837, "energy": 31.724143, "activity_lines": [ 14.068106, 12.463136, 12.675725, 13.204949 ] }, { "date": "2024-04-12", "close": 12.270876, "volume": 93877905, "typical_volume": 39575753.9, "trend": 13.617648, "fair_value": 13.662819, "relative_strength": -7.946041, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 7.937174, "energy": 21.848068, "activity_lines": [ 13.822162, 12.582401, 12.572622, 13.116024 ] }, { "date": "2024-04-19", "close": 11.619848, "volume": 82119077, "typical_volume": 40443306.2, "trend": 13.532817, "fair_value": 13.617483, "relative_strength": -14.006373, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.431597, "energy": 20.985527, "activity_lines": [ 13.250047, 12.59083, 12.428748, 12.987133 ] }, { "date": "2024-04-26", "close": 12.892311, "volume": 96112275, "typical_volume": 42877535.95, "trend": 13.528542, "fair_value": 13.586285, "relative_strength": -5.276785, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.546702, "energy": 12.566239, "activity_lines": [ 13.064603, 12.796719, 12.426117, 12.94581 ] }, { "date": "2024-05-03", "close": 12.616117, "volume": 32493619, "typical_volume": 43328020.45, "trend": 13.49632, "fair_value": 13.549538, "relative_strength": -7.797693, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.394834, "energy": 17.026664, "activity_lines": [ 12.704894, 12.864154, 12.411885, 12.886944 ] }, { "date": "2024-05-10", "close": 11.935499, "volume": 42515486, "typical_volume": 44692206.75, "trend": 13.43582, "fair_value": 13.513592, "relative_strength": -14.075205, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.492929, "energy": 22.18384, "activity_lines": [ 12.288631, 12.764078, 12.343165, 12.786246 ] }, { "date": "2024-05-17", "close": 12.103188, "volume": 36995541, "typical_volume": 45921238.8, "trend": 13.38091, "fair_value": 13.473999, "relative_strength": -12.82793, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.973588, "energy": 20.311489, "activity_lines": [ 12.23405, 12.666873, 12.303193, 12.70027 ] }, { "date": "2024-05-24", "close": 10.88991, "volume": 26432947, "typical_volume": 46551848.65, "trend": 13.291148, "fair_value": 13.418505, "relative_strength": -19.826061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.747005, "energy": 36.655897, "activity_lines": [ 11.786223, 12.322349, 12.156829, 12.53956 ] }, { "date": "2024-05-31", "close": 10.899774, "volume": 15232960, "typical_volume": 46823641.65, "trend": 13.141872, "fair_value": 13.369875, "relative_strength": -19.626469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.804203, "energy": 50.274956, "activity_lines": [ 11.390346, 11.982667, 12.029677, 12.385278 ] }, { "date": "2024-06-07", "close": 10.919501, "volume": 86234815, "typical_volume": 50341830.3, "trend": 12.966292, "fair_value": 13.32282, "relative_strength": -18.388092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.989682, "energy": 48.988985, "activity_lines": [ 11.13388, 11.660381, 11.920843, 12.241899 ] }, { "date": "2024-06-14", "close": 10.57426, "volume": 51972248, "typical_volume": 49513998.75, "trend": 12.793013, "fair_value": 13.272733, "relative_strength": -20.208695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.057639, "energy": 53.536689, "activity_lines": [ 10.875442, 11.352623, 11.795617, 12.087575 ] }, { "date": "2024-06-21", "close": 12.21, "volume": 109134810, "typical_volume": 50695180.15, "trend": 12.642366, "fair_value": 13.234957, "relative_strength": -6.57366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.192358, "energy": 28.038347, "activity_lines": [ 11.253, 11.450418, 11.849567, 12.049961 ] }, { "date": "2024-06-28", "close": 13.94, "volume": 119771208, "typical_volume": 54694011.0, "trend": 12.579306, "fair_value": 13.205942, "relative_strength": 7.525536, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.013757, "energy": 7.208293, "activity_lines": [ 12.200104, 11.863865, 12.070542, 12.133679 ] }, { "date": "2024-07-05", "close": 12.42, "volume": 67880220, "typical_volume": 55763248.4, "trend": 12.460647, "fair_value": 13.166238, "relative_strength": -3.543763, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.401077, "energy": 14.374507, "activity_lines": [ 12.437201, 11.958764, 12.126829, 12.123401 ] }, { "date": "2024-07-12", "close": 11.34, "volume": 57319609, "typical_volume": 56160653.1, "trend": 12.345773, "fair_value": 13.119614, "relative_strength": -12.263059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.641012, "energy": 18.715416, "activity_lines": [ 12.212951, 11.865887, 12.059398, 12.051102 ] }, { "date": "2024-07-19", "close": 10.4, "volume": 35135543, "typical_volume": 55420560.35, "trend": 12.205156, "fair_value": 13.072022, "relative_strength": -19.451762, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.82659, "energy": 20.378297, "activity_lines": [ 11.647333, 11.625302, 11.897058, 11.925568 ] }, { "date": "2024-07-26", "close": 11.34, "volume": 75258348, "typical_volume": 57462066.4, "trend": 12.1156, "fair_value": 13.034818, "relative_strength": -9.185984, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.813116, "energy": 31.122624, "activity_lines": [ 11.406667, 11.583545, 11.824321, 11.869751 ] }, { "date": "2024-08-02", "close": 11.94, "volume": 82243375, "typical_volume": 59777244.6, "trend": 12.022699, "fair_value": 13.005445, "relative_strength": -4.641834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.200456, "energy": 25.863419, "activity_lines": [ 11.424, 11.664756, 11.805362, 11.858422 ] }, { "date": "2024-08-09", "close": 11.84, "volume": 60998392, "typical_volume": 61070887.2, "trend": 11.93896, "fair_value": 12.97992, "relative_strength": -3.923243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.454637, "energy": 22.665138, "activity_lines": [ 11.541333, 11.708691, 11.772678, 11.846635 ] }, { "date": "2024-08-16", "close": 10.94, "volume": 109161806, "typical_volume": 64758235.0, "trend": 11.824234, "fair_value": 12.951344, "relative_strength": -11.577058, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.908645, "energy": 23.528741, "activity_lines": [ 11.397333, 11.571896, 11.653418, 11.782186 ] }, { "date": "2024-08-23", "close": 10.53, "volume": 36147596, "typical_volume": 65851889.0, "trend": 11.659015, "fair_value": 12.923871, "relative_strength": -13.837997, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.901986, "energy": 17.477267, "activity_lines": [ 11.143333, 11.360182, 11.515258, 11.698687 ] }, { "date": "2024-08-30", "close": 10.7, "volume": 22543141, "typical_volume": 62285150.8, "trend": 11.592843, "fair_value": 12.891291, "relative_strength": -11.812254, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.133272, "energy": 24.395188, "activity_lines": [ 10.937333, 11.180182, 11.421824, 11.636815 ] }, { "date": "2024-09-06", "close": 10.72, "volume": 44534762, "typical_volume": 60405935.05, "trend": 11.624991, "fair_value": 12.853717, "relative_strength": -9.070759, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.161558, "energy": 43.176423, "activity_lines": [ 10.780667, 11.031273, 11.337774, 11.580503 ] }, { "date": "2024-09-13", "close": 10.26, "volume": 21600262, "typical_volume": 56680334.4, "trend": 11.699018, "fair_value": 12.816863, "relative_strength": -10.815575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.696263, "energy": 49.221866, "activity_lines": [ 10.552, 10.857273, 11.2142, 11.492439 ] }, { "date": "2024-09-20", "close": 10.31, "volume": 9351480, "typical_volume": 55523227.45, "trend": 11.702375, "fair_value": 12.785893, "relative_strength": -11.14018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.736569, "energy": 49.464486, "activity_lines": [ 10.445333, 10.731636, 11.107923, 11.402825 ] }, { "date": "2024-09-27", "close": 11.45, "volume": 33238081, "typical_volume": 55059357.2, "trend": 11.736827, "fair_value": 12.759891, "relative_strength": -12.338469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.069851, "energy": 31.106104, "activity_lines": [ 10.760667, 10.832, 11.121198, 11.386543 ] }, { "date": "2024-10-04", "close": 12.56, "volume": 15350045, "typical_volume": 53977082.4, "trend": 11.801046, "fair_value": 12.741004, "relative_strength": -10.783794, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.121856, "energy": 8.89565, "activity_lines": [ 11.384667, 11.115091, 11.2425, 11.43965 ] }, { "date": "2024-10-11", "close": 11.45, "volume": 44583225, "typical_volume": 54884596.3, "trend": 11.814126, "fair_value": 12.715761, "relative_strength": -15.333846, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.838336, "energy": 18.048628, "activity_lines": [ 11.514667, 11.174182, 11.255912, 11.417002 ] }, { "date": "2024-10-18", "close": 14.51, "volume": 134617976, "typical_volume": 60853847.1, "trend": 11.909149, "fair_value": 12.711714, "relative_strength": 5.853327, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 39.139502, "energy": 37.522007, "activity_lines": [ 12.616, 11.798545, 11.558086, 11.59093 ] }, { "date": "2024-10-25", "close": 14.74, "volume": 76641690, "typical_volume": 60374190.85, "trend": 11.894786, "fair_value": 12.712177, "relative_strength": 6.330366, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.658394, "energy": 66.002316, "activity_lines": [ 13.510667, 12.416182, 11.864973, 11.773565 ] }, { "date": "2024-11-01", "close": 14.48, "volume": 63535035, "typical_volume": 60952330.2, "trend": 11.826709, "fair_value": 12.70895, "relative_strength": 5.662893, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.655589, "energy": 77.692659, "activity_lines": [ 14.023333, 12.917455, 12.128905, 11.940353 ] }, { "date": "2024-11-08", "close": 17.99, "volume": 73575214, "typical_volume": 59174350.4, "trend": 12.017347, "fair_value": 12.72721, "relative_strength": 24.494725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.702366, "energy": 88.467281, "activity_lines": [ 15.504, 13.985091, 12.708524, 12.337985 ] }, { "date": "2024-11-15", "close": 15.82, "volume": 63963344, "typical_volume": 56383957.2, "trend": 12.157352, "fair_value": 12.736366, "relative_strength": 13.703843, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.93007, "energy": 80.04734, "activity_lines": [ 15.899333, 14.525636, 13.053952, 12.583317 ] }, { "date": "2024-11-22", "close": 16.040001, "volume": 55406929, "typical_volume": 55760292.65, "trend": 12.262275, "fair_value": 12.753762, "relative_strength": 17.834927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.284212, "energy": 73.95909, "activity_lines": [ 16.076667, 15.013455, 13.411381, 12.833811 ] }, { "date": "2024-11-29", "close": 15.35, "volume": 33567225, "typical_volume": 54572673.45, "trend": 12.353404, "fair_value": 12.772109, "relative_strength": 11.060213, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.777749, "energy": 55.173586, "activity_lines": [ 15.922, 15.270727, 13.685857, 13.033019 ] }, { "date": "2024-12-06", "close": 15.82, "volume": 30110822, "typical_volume": 54321437.4, "trend": 12.482888, "fair_value": 12.793785, "relative_strength": 12.174596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.171341, "energy": 44.611245, "activity_lines": [ 15.883334, 15.521818, 13.986, 13.25667 ] }, { "date": "2024-12-13", "close": 16.610001, "volume": 33255328, "typical_volume": 52221286.4, "trend": 12.633115, "fair_value": 12.81123, "relative_strength": 18.244947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.704588, "energy": 44.163772, "activity_lines": [ 16.018667, 15.837091, 14.335572, 13.522936 ] }, { "date": "2024-12-20", "close": 16.17, "volume": 57196937, "typical_volume": 50968964.5, "trend": 12.809118, "fair_value": 12.826803, "relative_strength": 16.016318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.376966, "energy": 38.727581, "activity_lines": [ 16.099334, 15.998728, 14.618143, 13.751122 ] }, { "date": "2024-12-27", "close": 13.97, "volume": 40702296, "typical_volume": 49954159.7, "trend": 12.911459, "fair_value": 12.825491, "relative_strength": -0.387973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.703678, "energy": 26.350932, "activity_lines": [ 15.423334, 15.674546, 14.671048, 13.826017 ] }, { "date": "2025-01-03", "close": 11.92, "volume": 20210278, "typical_volume": 45506583.3, "trend": 12.944809, "fair_value": 12.814073, "relative_strength": -9.488128, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.642111, "energy": 12.784437, "activity_lines": [ 14.202, 14.987455, 14.518572, 13.762052 ] }, { "date": "2025-01-10", "close": 12.05, "volume": 20597600, "typical_volume": 44729083.5, "trend": 12.994, "fair_value": 12.804437, "relative_strength": -6.782573, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.080715, "energy": 18.709305, "activity_lines": [ 13.252667, 14.375273, 14.37381, 13.704323 ] }, { "date": "2025-01-17", "close": 12.42, "volume": 20518668, "typical_volume": 44627859.85, "trend": 13.001, "fair_value": 12.797869, "relative_strength": -5.57676, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.923636, "energy": 29.903286, "activity_lines": [ 12.678, 13.874546, 14.257048, 13.66729 ] }, { "date": "2025-01-24", "close": 12.48, "volume": 20062492, "typical_volume": 43404246.35, "trend": 12.952333, "fair_value": 12.795731, "relative_strength": -4.699094, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.38196, "energy": 33.591283, "activity_lines": [ 12.402667, 13.486, 14.13781, 13.633678 ] }, { "date": "2025-01-31", "close": 12.33, "volume": 2943100, "typical_volume": 42471388.25, "trend": 12.949333, "fair_value": 12.788776, "relative_strength": -5.530628, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.507099, "energy": 41.635367, "activity_lines": [ 12.323333, 13.130909, 13.995905, 13.593527 ] }, { "date": "2025-02-07", "close": 13.17, "volume": 13938371, "typical_volume": 42700732.8, "trend": 13.010333, "fair_value": 12.775507, "relative_strength": -0.911678, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.631139, "energy": 37.954738, "activity_lines": [ 12.633333, 12.996, 13.924143, 13.607764 ] }, { "date": "2025-02-14", "close": 13.41, "volume": 20207760, "typical_volume": 42049216.75, "trend": 13.110667, "fair_value": 12.771048, "relative_strength": -0.972883, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.069584, "energy": 16.259168, "activity_lines": [ 12.94, 12.944364, 13.861619, 13.633548 ] }, { "date": "2025-02-21", "close": 13.72, "volume": 27345260, "typical_volume": 42648977.5, "trend": 13.19, "fair_value": 12.774267, "relative_strength": 0.030172, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.367682, "energy": 6.069221, "activity_lines": [ 13.259333, 12.992909, 13.819286, 13.67286 ] }, { "date": "2025-02-28", "close": 13.24, "volume": 29114820, "typical_volume": 41875557.25, "trend": 13.233333, "fair_value": 12.777634, "relative_strength": -2.030526, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.130165, "energy": 10.396652, "activity_lines": [ 13.332, 13.006727, 13.725714, 13.676086 ] }, { "date": "2025-03-07", "close": 13.52, "volume": 20870899, "typical_volume": 36188203.4, "trend": 13.289333, "fair_value": 12.783365, "relative_strength": -1.731254, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.203986, "energy": 9.869624, "activity_lines": [ 13.447333, 13.124727, 13.650286, 13.694581 ] }, { "date": "2025-03-14", "close": 13.49, "volume": 29301988, "typical_volume": 33821218.3, "trend": 13.374333, "fair_value": 12.767405, "relative_strength": -3.445353, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.273488, "energy": 8.129228, "activity_lines": [ 13.473333, 13.245455, 13.576714, 13.707527 ] }, { "date": "2025-03-21", "close": 13.3, "volume": 35902320, "typical_volume": 32439582.55, "trend": 13.466667, "fair_value": 12.755791, "relative_strength": -3.314885, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.556628, "energy": 5.795749, "activity_lines": [ 13.414667, 13.303091, 13.491, 13.702731 ] }, { "date": "2025-03-28", "close": 12.03, "volume": 36595760, "typical_volume": 30590609.85, "trend": 13.511, "fair_value": 12.743118, "relative_strength": -11.612693, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -39.66183, "energy": 29.354367, "activity_lines": [ 12.94, 13.107091, 13.289952, 13.610043 ] }, { "date": "2025-04-04", "close": 12.63, "volume": 28862471, "typical_volume": 28835566.2, "trend": 13.574667, "fair_value": 12.739034, "relative_strength": -6.234017, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.867324, "energy": 48.088076, "activity_lines": [ 12.778, 13.027273, 13.174429, 13.553204 ] }, { "date": "2025-04-11", "close": 11.11, "volume": 26257329, "typical_volume": 27378086.2, "trend": 13.603, "fair_value": 12.725396, "relative_strength": -14.617288, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.054936, "energy": 71.720723, "activity_lines": [ 12.15, 12.668364, 12.929333, 13.394194 ] }, { "date": "2025-04-18", "close": 11.32, "volume": 17383580, "typical_volume": 26568903.95, "trend": 13.636667, "fair_value": 12.715001, "relative_strength": -13.887102, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.268473, "energy": 76.099249, "activity_lines": [ 11.752667, 12.369818, 12.727714, 13.246903 ] }, { "date": "2025-04-25", "close": 11.19, "volume": 20568980, "typical_volume": 26091811.85, "trend": 13.628, "fair_value": 12.706555, "relative_strength": -15.032642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.578861, "energy": 75.515372, "activity_lines": [ 11.456667, 12.081273, 12.532905, 13.089054 ] }, { "date": "2025-05-02", "close": 12.09, "volume": 14066682, "typical_volume": 25132379.55, "trend": 13.612333, "fair_value": 12.706849, "relative_strength": -7.582709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.913277, "energy": 63.656585, "activity_lines": [ 11.601333, 11.996727, 12.445857, 12.989828 ] }, { "date": "2025-05-09", "close": 12.82, "volume": 19672900, "typical_volume": 23256177.7, "trend": 13.658, "fair_value": 12.716629, "relative_strength": -3.87322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.870814, "energy": 36.439606, "activity_lines": [ 11.985333, 12.074545, 12.449857, 12.93871 ] }, { "date": "2025-05-16", "close": 13.45, "volume": 19743901, "typical_volume": 22208257.95, "trend": 13.622667, "fair_value": 12.734811, "relative_strength": 0.012524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.381485, "energy": 14.1898, "activity_lines": [ 12.566667, 12.274545, 12.52981, 12.92529 ] }, { "date": "2025-05-23", "close": 12.9, "volume": 14931401, "typical_volume": 21944314.1, "trend": 13.561333, "fair_value": 12.752691, "relative_strength": -3.682035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.246206, "energy": 20.943847, "activity_lines": [ 12.808667, 12.375818, 12.559857, 12.878667 ] }, { "date": "2025-05-30", "close": 12.79, "volume": 12636479, "typical_volume": 21546258.05, "trend": 13.505, "fair_value": 12.772332, "relative_strength": -4.610964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.784406, "energy": 21.211585, "activity_lines": [ 12.908667, 12.467818, 12.574762, 12.828903 ] }, { "date": "2025-06-06", "close": 15.6, "volume": 23051070, "typical_volume": 21672878.15, "trend": 13.425333, "fair_value": 12.808279, "relative_strength": 14.47896, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 42.125266, "energy": 37.118522, "activity_lines": [ 13.838667, 13.08, 12.853762, 12.964065 ] }, { "date": "2025-06-13", "close": 13.87, "volume": 147337898, "typical_volume": 28036648.45, "trend": 13.360333, "fair_value": 12.831429, "relative_strength": 1.734039, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.721253, "energy": 31.379307, "activity_lines": [ 13.958, 13.312727, 12.952857, 12.992753 ] }, { "date": "2025-06-20", "close": 13.53, "volume": 33411330, "typical_volume": 29560059.95, "trend": 13.276667, "fair_value": 12.853917, "relative_strength": -0.233014, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.419918, "energy": 34.657353, "activity_lines": [ 13.894, 13.461091, 13.012952, 13.003699 ] }, { "date": "2025-06-27", "close": 14.01, "volume": 31346800, "typical_volume": 30430481.4, "trend": 13.232, "fair_value": 12.87651, "relative_strength": 1.65919, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.382618, "energy": 40.526332, "activity_lines": [ 13.984667, 13.652727, 13.113048, 13.051011 ] }, { "date": "2025-07-04", "close": 14.0, "volume": 27191460, "typical_volume": 30779666.4, "trend": 13.171333, "fair_value": 12.900999, "relative_strength": 0.2651, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.22338, "energy": 22.210588, "activity_lines": [ 13.998, 13.793636, 13.20819, 13.100559 ] }, { "date": "2025-07-11", "close": 14.53, "volume": 39255969, "typical_volume": 31375201.85, "trend": 13.102, "fair_value": 12.929076, "relative_strength": 2.779834, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 63.595423, "energy": 42.030931, "activity_lines": [ 14.107333, 13.979818, 13.351, 13.188215 ] }, { "date": "2025-07-18", "close": 14.54, "volume": 36531378, "typical_volume": 31746029.75, "trend": 13.047667, "fair_value": 12.952537, "relative_strength": 1.838626, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.474814, "energy": 49.569711, "activity_lines": [ 14.291333, 14.123455, 13.490905, 13.280989 ] }, { "date": "2025-07-25", "close": 14.88, "volume": 24428280, "typical_volume": 31923898.8, "trend": 13.078, "fair_value": 12.979189, "relative_strength": 2.397681, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.284047, "energy": 56.941161, "activity_lines": [ 14.544, 14.297636, 13.657, 13.399204 ] }, { "date": "2025-08-01", "close": 14.8, "volume": 25106260, "typical_volume": 31714112.4, "trend": 13.174, "fair_value": 13.005708, "relative_strength": 2.788064, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.345839, "energy": 59.689908, "activity_lines": [ 14.68, 14.431273, 13.809, 13.510301 ] }, { "date": "2025-08-08", "close": 16.379999, "volume": 38963366, "typical_volume": 31867164.7, "trend": 13.318333, "fair_value": 13.040964, "relative_strength": 11.213439, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.502012, "energy": 75.459957, "activity_lines": [ 15.29, 14.817636, 14.105238, 13.71714 ] }, { "date": "2025-08-15", "close": 17.42, "volume": 54938589, "typical_volume": 32784306.15, "trend": 13.485, "fair_value": 13.073656, "relative_strength": 15.800672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.141296, "energy": 86.078454, "activity_lines": [ 16.088, 15.327818, 14.485857, 13.981763 ] }, { "date": "2025-08-22", "close": 17.950001, "volume": 90213124, "typical_volume": 35851838.8, "trend": 13.667333, "fair_value": 13.109112, "relative_strength": 14.756962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.127338, "energy": 86.661426, "activity_lines": [ 16.87, 15.901273, 14.891286, 14.269828 ] }, { "date": "2025-08-29", "close": 16.860001, "volume": 59993483, "typical_volume": 37538646.5, "trend": 13.818333, "fair_value": 13.13815, "relative_strength": 6.586092, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.075473, "energy": 78.909795, "activity_lines": [ 17.061334, 16.202364, 15.167572, 14.475807 ] }, { "date": "2025-09-05", "close": 16.42, "volume": 32245996, "typical_volume": 38281767.3, "trend": 13.926667, "fair_value": 13.163988, "relative_strength": 4.829062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.139208, "energy": 70.763047, "activity_lines": [ 16.974, 16.362909, 15.374572, 14.643656 ] }, { "date": "2025-09-12", "close": 16.23, "volume": 22791245, "typical_volume": 38392880.55, "trend": 14.020667, "fair_value": 13.190442, "relative_strength": 1.87094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.412988, "energy": 53.723234, "activity_lines": [ 16.715334, 16.445091, 15.539191, 14.792258 ] }, { "date": "2025-09-19", "close": 15.78, "volume": 23415195, "typical_volume": 38860306.2, "trend": 14.089333, "fair_value": 13.211355, "relative_strength": 0.185793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.1732, "energy": 35.053438, "activity_lines": [ 16.316667, 16.404909, 15.636952, 14.905764 ] }, { "date": "2025-09-26", "close": 15.45, "volume": 24728955, "typical_volume": 39113108.95, "trend": 14.163, "fair_value": 13.237236, "relative_strength": -2.264048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.620007, "energy": 22.703814, "activity_lines": [ 15.917333, 16.282, 15.685714, 14.993548 ] }, { "date": "2025-10-03", "close": 16.290001, "volume": 14920925, "typical_volume": 38871960.15, "trend": 14.255333, "fair_value": 13.270334, "relative_strength": 1.395245, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.567631, "energy": 20.825498, "activity_lines": [ 15.964667, 16.295273, 15.801953, 15.130774 ] }, { "date": "2025-10-10", "close": 16.17, "volume": 11302041, "typical_volume": 38690492.15, "trend": 14.344667, "fair_value": 13.307785, "relative_strength": 0.0056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.816478, "energy": 18.990393, "activity_lines": [ 16.01, 16.261091, 15.893238, 15.254301 ] }, { "date": "2025-10-17", "close": 15.7, "volume": 27265479, "typical_volume": 39421942.15, "trend": 14.424667, "fair_value": 13.342476, "relative_strength": -1.288167, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.946151, "energy": 16.359559, "activity_lines": [ 15.915334, 16.116546, 15.924191, 15.341742 ] }, { "date": "2025-10-24", "close": 16.4, "volume": 20252488, "typical_volume": 39282013.05, "trend": 14.570333, "fair_value": 13.384247, "relative_strength": 0.374206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.726478, "energy": 22.141516, "activity_lines": [ 16.089333, 16.111637, 16.007953, 15.469183 ] }, { "date": "2025-10-31", "close": 16.49, "volume": 23259887, "typical_volume": 33078112.5, "trend": 14.699, "fair_value": 13.420524, "relative_strength": 0.930795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.174599, "energy": 25.891415, "activity_lines": [ 16.252, 16.141636, 16.096476, 15.593032 ] }, { "date": "2025-11-07", "close": 17.469999, "volume": 30991970, "typical_volume": 32957144.5, "trend": 14.911, "fair_value": 13.461313, "relative_strength": 6.200866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.187272, "energy": 36.447773, "activity_lines": [ 16.672, 16.376364, 16.265857, 15.771806 ] }, { "date": "2025-11-14", "close": 16.9, "volume": 21900761, "typical_volume": 32484842.55, "trend": 15.097, "fair_value": 13.500535, "relative_strength": 3.165807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.56504, "energy": 40.584348, "activity_lines": [ 16.823333, 16.496364, 16.362191, 15.900129 ] }, { "date": "2025-11-21", "close": 15.0, "volume": 25438200, "typical_volume": 32397179.55, "trend": 15.224, "fair_value": 13.523024, "relative_strength": -4.269828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.688042, "energy": 15.901434, "activity_lines": [ 16.292666, 16.262182, 16.26381, 15.893871 ] }, { "date": "2025-11-28", "close": 15.93, "volume": 20903400, "typical_volume": 31479551.1, "trend": 15.352, "fair_value": 13.548883, "relative_strength": 0.506358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.685365, "energy": 12.436492, "activity_lines": [ 16.118667, 16.219454, 16.249238, 15.939419 ] }, { "date": "2025-12-05", "close": 15.55, "volume": 19585231, "typical_volume": 30632243.75, "trend": 15.443, "fair_value": 13.568891, "relative_strength": -1.941659, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.363816, "energy": 10.977636, "activity_lines": [ 15.849333, 16.104909, 16.19181, 15.952194 ] }, { "date": "2025-12-12", "close": 16.09, "volume": 37702012, "typical_volume": 31295930.35, "trend": 15.531, "fair_value": 13.590401, "relative_strength": 2.182353, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.974916, "energy": 14.342126, "activity_lines": [ 15.822667, 16.086727, 16.181, 15.993936 ] }, { "date": "2025-12-19", "close": 19.309999, "volume": 59562229, "typical_volume": 33018728.8, "trend": 15.744667, "fair_value": 13.632678, "relative_strength": 22.502243, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.179135, "energy": 41.988544, "activity_lines": [ 16.961333, 16.657636, 16.471095, 16.237742 ] }, { "date": "2025-12-26", "close": 15.55, "volume": 170320403, "typical_volume": 39586580.65, "trend": 15.836667, "fair_value": 13.652813, "relative_strength": -3.088364, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.734083, "energy": 17.23082, "activity_lines": [ 16.686, 16.487818, 16.381619, 16.225183 ] }, { "date": "2026-01-02", "close": 16.16, "volume": 60745349, "typical_volume": 39876918.65, "trend": 15.855333, "fair_value": 13.671673, "relative_strength": 0.410636, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.684283, "energy": 19.957605, "activity_lines": [ 16.577333, 16.431636, 16.35419, 16.246043 ] }, { "date": "2026-01-09", "close": 17.969999, "volume": 100340392, "typical_volume": 40383282.05, "trend": 15.992, "fair_value": 13.708902, "relative_strength": 7.265445, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.374924, "energy": 33.617397, "activity_lines": [ 17.056666, 16.708909, 16.505143, 16.382473 ] }, { "date": "2026-01-16", "close": 16.709999, "volume": 89584640, "typical_volume": 41862839.9, "trend": 16.098, "fair_value": 13.740582, "relative_strength": 0.079688, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.723876, "energy": 17.380065, "activity_lines": [ 16.954666, 16.730181, 16.536, 16.428796 ] }, { "date": "2026-01-23", "close": 16.790001, "volume": 37918852, "typical_volume": 42146482.7, "trend": 16.190667, "fair_value": 13.766453, "relative_strength": -0.378559, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.100365, "energy": 18.92003, "activity_lines": [ 16.838, 16.779818, 16.57519, 16.473441 ] }, { "date": "2026-01-30", "close": 15.52, "volume": 44402305, "typical_volume": 43227035.7, "trend": 16.241333, "fair_value": 13.786332, "relative_strength": -7.496013, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.427626, "energy": 7.504028, "activity_lines": [ 16.466, 16.600545, 16.491667, 16.430172 ] }, { "date": "2026-02-06", "close": 15.81, "volume": 26622206, "typical_volume": 43387386.25, "trend": 16.284, "fair_value": 13.805857, "relative_strength": -4.509745, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.052471, "energy": 5.802473, "activity_lines": [ 16.192667, 16.464545, 16.439143, 16.402344 ] }, { "date": "2026-02-13", "close": 16.16, "volume": 21752956, "typical_volume": 43238586.3, "trend": 16.338, "fair_value": 13.824717, "relative_strength": -2.767976, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.457898, "energy": 8.698282, "activity_lines": [ 16.059333, 16.394364, 16.419809, 16.394344 ] }, { "date": "2026-02-27", "close": 16.66, "volume": 34131466, "typical_volume": 44199113.35, "trend": 16.397333, "fair_value": 13.846087, "relative_strength": -1.678351, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.007779, "energy": 6.571023, "activity_lines": [ 16.213333, 16.404, 16.444714, 16.415118 ] }, { "date": "2026-03-06", "close": 15.16, "volume": 34878355, "typical_volume": 45377929.05, "trend": 16.409333, "fair_value": 13.858537, "relative_strength": -9.558683, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.820717, "energy": 32.300559, "activity_lines": [ 15.870667, 16.130545, 16.325, 16.33529 ] }, { "date": "2026-03-13", "close": 16.59, "volume": 55187124, "typical_volume": 46774011.3, "trend": 16.416333, "fair_value": 13.872565, "relative_strength": -0.352725, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.053544, "energy": 15.821669, "activity_lines": [ 16.113333, 16.192545, 16.346286, 16.346946 ] }, { "date": "2026-03-20", "close": 14.95, "volume": 41707249, "typical_volume": 47846749.35, "trend": 16.334, "fair_value": 13.881013, "relative_strength": -6.989328, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.605246, "energy": 27.222871, "activity_lines": [ 15.738, 15.937455, 16.207143, 16.252344 ] }, { "date": "2026-03-27", "close": 14.42, "volume": 32948401, "typical_volume": 48331175.05, "trend": 16.216333, "fair_value": 13.890553, "relative_strength": -9.178167, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.293482, "energy": 47.148132, "activity_lines": [ 15.243333, 15.608, 16.024428, 16.12886 ] }, { "date": "2026-04-03", "close": 12.77, "volume": 51338854, "typical_volume": 49348519.25, "trend": 16.08, "fair_value": 13.89116, "relative_strength": -18.758399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.039973, "energy": 69.500485, "activity_lines": [ 14.314667, 15.043091, 15.694429, 15.906516 ] }, { "date": "2026-04-10", "close": 13.68, "volume": 25562408, "typical_volume": 49531601.6, "trend": 15.988667, "fair_value": 13.889697, "relative_strength": -15.146234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.30431, "energy": 71.121298, "activity_lines": [ 13.948667, 14.715273, 15.473476, 15.751677 ] }, { "date": "2026-04-17", "close": 14.16, "volume": 23778137, "typical_volume": 49448598.45, "trend": 15.919667, "fair_value": 13.892512, "relative_strength": -13.608746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.662224, "energy": 70.799649, "activity_lines": [ 13.841333, 14.531273, 15.313571, 15.633699 ] }, { "date": "2026-04-24", "close": 13.62, "volume": 23186840, "typical_volume": 49562770.45, "trend": 15.847667, "fair_value": 13.891802, "relative_strength": -17.437623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.195723, "energy": 71.879632, "activity_lines": [ 13.716, 14.273818, 15.106238, 15.485333 ] }, { "date": "2026-05-01", "close": 14.95, "volume": 25454823, "typical_volume": 49856250.05, "trend": 15.831, "fair_value": 13.896519, "relative_strength": -10.188633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.584115, "energy": 38.351112, "activity_lines": [ 14.122667, 14.298, 15.036571, 15.427419 ] }, { "date": "2026-05-08", "close": 15.52, "volume": 15103836, "typical_volume": 48726341.25, "trend": 15.805333, "fair_value": 13.910455, "relative_strength": -8.287842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.255681, "energy": 20.771024, "activity_lines": [ 14.684, 14.447818, 15.024048, 15.407355 ] }, { "date": "2026-05-15", "close": 17.860001, "volume": 76076668, "typical_volume": 49552063.2, "trend": 15.861667, "fair_value": 13.940275, "relative_strength": 6.433138, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 2.795384, "energy": 16.669647, "activity_lines": [ 15.842, 15.043818, 15.237095, 15.539914 ] }, { "date": "2026-05-22", "close": 17.66, "volume": 48891902, "typical_volume": 43480638.15, "trend": 15.927, "fair_value": 13.970016, "relative_strength": 5.66667, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 31.640929, "energy": 35.973478, "activity_lines": [ 16.654667, 15.554364, 15.438, 15.655935 ] }, { "date": "2026-05-29", "close": 17.07, "volume": 38938004, "typical_volume": 42390270.9, "trend": 15.949333, "fair_value": 14.000336, "relative_strength": 3.082007, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.705852, "energy": 34.486902, "activity_lines": [ 17.037334, 15.938182, 15.572667, 15.729677 ] }, { "date": "2026-06-05", "close": 16.5, "volume": 5543245, "typical_volume": 37650413.55, "trend": 15.949667, "fair_value": 14.027383, "relative_strength": 0.51905, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.971416, "energy": 40.408025, "activity_lines": [ 17.0, 16.179818, 15.648714, 15.765204 ] }, { "date": "2026-06-12", "close": 18.67, "volume": 9184909, "typical_volume": 33630427.0, "trend": 15.989667, "fair_value": 14.06442, "relative_strength": 13.619978, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.137582, "energy": 57.355953, "activity_lines": [ 17.582667, 16.778182, 15.938429, 15.94071 ] }, { "date": "2026-06-19", "close": 21.43, "volume": 35421577, "typical_volume": 33505563.25, "trend": 16.140667, "fair_value": 14.113394, "relative_strength": 27.853691, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.425847, "energy": 84.182767, "activity_lines": [ 18.875333, 17.771091, 16.481667, 16.291699 ] }, { "date": "2026-06-26", "close": 20.5, "volume": 9648619, "typical_volume": 31767878.95, "trend": 16.324, "fair_value": 14.148757, "relative_strength": 23.608155, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.500628, "energy": 84.791828, "activity_lines": [ 19.62, 18.454, 16.914238, 16.572946 ] }, { "date": "2026-07-03", "close": 20.43, "volume": 5653472, "typical_volume": 30719442.25, "trend": 16.474, "fair_value": 14.19189, "relative_strength": 22.139043, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.883814, "energy": 87.52157, "activity_lines": [ 20.152, 19.008909, 17.316429, 16.837849 ] }, { "date": "2026-07-10", "close": 18.879999, "volume": 44629210, "typical_volume": 31863254.95, "trend": 16.585, "fair_value": 14.222369, "relative_strength": 13.847006, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.113673, "energy": 79.055271, "activity_lines": [ 19.943333, 19.158182, 17.549, 16.993075 ] }, { "date": "2026-07-17", "close": 16.0, "volume": 36746432, "typical_volume": 31994003.25, "trend": 16.582, "fair_value": 14.230592, "relative_strength": 2.374414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.289698, "energy": 29.195837, "activity_lines": [ 18.616, 18.712363, 17.494333, 16.955333 ] }, { "date": "2026-07-24", "close": 16.059999, "volume": 48540830, "typical_volume": 32677127.0, "trend": 16.473667, "fair_value": 14.240149, "relative_strength": 1.364645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.887217, "energy": 18.47187, "activity_lines": [ 17.486666, 18.268727, 17.448524, 16.921656 ] }, { "date": "2026-07-31", "close": 19.299999, "volume": 43828775, "typical_volume": 32109209.55, "trend": 16.598667, "fair_value": 14.271739, "relative_strength": 20.739517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.218398, "energy": 26.45577, "activity_lines": [ 17.795333, 18.446909, 17.707, 17.104 ] }, { "date": "2026-08-07", "close": 22.57, "volume": 71599652, "typical_volume": 33603829.7, "trend": 16.812333, "fair_value": 14.32271, "relative_strength": 36.346592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.224234, "energy": 32.589065, "activity_lines": [ 19.273999, 19.189818, 18.264, 17.489247 ] } ], "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." } } }