{ "ticker": { "uuid": "bb5ba841-f1fb-4b12-9124-bd13b1bf1981", "symbol": "601100", "name": "Jiangsu Hengli Hydraulic 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -25.957, "architecture_energy": 25.822, "architecture_maturity": 32.332, "architecture_confidence": 62.3, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 66.56, "rotation_up": 20.57, "upward_expansion": 11.58, "deceleration": 50.34, "rotation_down": 55.07, "downward_expansion": 46.25 }, "activity_lines": [ 106.146666, 108.964128, 110.017406, 109.453921 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 104.0, "trend_reference": 109.954227, "distance_from_trend": -0.054152, "trend_direction": "Improving", "fair_value": 73.548766, "distance_from_fair_value": 0.414028, "fair_value_direction": "Weakening", "relative_strength": 1.523857, "relative_strength_direction": "Weakening", "price_momentum": -0.04059, "excess_performance": 0.002613, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.054152, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.029298, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.414028, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.225992, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.015239, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.107169, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.04059, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.176129, "read": "Demand-led" } ], "volume": { "latest": 30604550, "relative_activity": 0.726547, "balance": 1.176129, "dry_up": 0.797581, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.098614, "annualized_volatility": 0.440571, "from_high_reference": -0.174472, "from_low_reference": 0.438248 }, "levels": { "trend_reference": 109.954227, "fair_value_reference": 73.548766, "structural_low": 89.099998, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": -0.026721, "positive_rate": 0.368421, "directional_follow_through": 0.368421, "median_excess_return": -0.008577, "regime_survival": 0.578947, "best_return": 0.143084, "worst_return": -0.117197, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.084399, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.026406, "regime_survival": 0.2, "best_return": 0.168586, "worst_return": -0.233043, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.013658, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.014894, "regime_survival": 0.333333, "best_return": 0.560345, "worst_return": -0.148444, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.035551, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.093728, "regime_survival": 0.5, "best_return": 0.402603, "worst_return": -0.414164, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-08", "end": "2024-06-21", "tenure": "Established", "return": -0.139703, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-28", "end": "2024-09-13", "tenure": "Developing", "return": 0.118506, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-20", "end": "2024-10-11", "tenure": "New", "return": 0.127057, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": 0.030866, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2025-01-24", "tenure": "Developing", "return": 0.17401, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-04-11", "tenure": "Developing", "return": 0.217587, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-07-11", "tenure": "Established", "return": 0.047361, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.08233, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": 0.046187, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-14", "tenure": "Developing", "return": -0.037154, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.099295, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-03-27", "tenure": "Established", "return": -0.152328, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-01", "tenure": "Developing", "return": 0.019322, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.082973, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 67.078979, "volume": 18733254, "typical_volume": 23833409.35, "trend": 61.756855, "fair_value": 69.924437, "relative_strength": 12.80358, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.282599, "energy": 54.006878, "activity_lines": [ 65.167715, 63.214919, 60.924323, 61.227659 ] }, { "date": "2023-08-04", "close": 67.487289, "volume": 26249511, "typical_volume": 23653277.55, "trend": 61.979805, "fair_value": 70.00667, "relative_strength": 12.553188, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.656477, "energy": 56.480904, "activity_lines": [ 66.191075, 64.418519, 61.592253, 61.597365 ] }, { "date": "2023-08-11", "close": 64.42498, "volume": 15936786, "typical_volume": 23209630.75, "trend": 62.073721, "fair_value": 70.062083, "relative_strength": 10.221548, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.171449, "energy": 45.211981, "activity_lines": [ 65.863779, 64.805613, 61.936914, 61.755118 ] }, { "date": "2023-08-18", "close": 63.802803, "volume": 16177505, "typical_volume": 23208680.6, "trend": 62.042918, "fair_value": 70.103178, "relative_strength": 10.566362, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.260049, "energy": 29.489674, "activity_lines": [ 65.224747, 64.893744, 62.203172, 61.866671 ] }, { "date": "2023-08-25", "close": 60.711338, "volume": 15383937, "typical_volume": 23207574.8, "trend": 61.879221, "fair_value": 70.110683, "relative_strength": 7.131136, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.161261, "energy": 9.218914, "activity_lines": [ 63.606427, 64.23126, 62.174775, 61.780763 ] }, { "date": "2023-09-01", "close": 62.295959, "volume": 38254754, "typical_volume": 24227031.4, "trend": 61.868152, "fair_value": 70.14369, "relative_strength": 6.934682, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.837673, "energy": 10.234492, "activity_lines": [ 62.80472, 63.876334, 62.313895, 61.807649 ] }, { "date": "2023-09-08", "close": 64.784676, "volume": 18154853, "typical_volume": 23783354.1, "trend": 61.928165, "fair_value": 70.195912, "relative_strength": 11.149427, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.023985, "energy": 20.10258, "activity_lines": [ 63.151454, 64.004304, 62.68827, 61.995812 ] }, { "date": "2023-09-15", "close": 61.683495, "volume": 13139576, "typical_volume": 22988036.05, "trend": 61.818054, "fair_value": 70.185545, "relative_strength": 5.199264, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.242541, "energy": 17.265604, "activity_lines": [ 62.644636, 63.527592, 62.767385, 61.980027 ] }, { "date": "2023-09-22", "close": 62.888973, "volume": 13623716, "typical_volume": 22710187.7, "trend": 61.670142, "fair_value": 70.179945, "relative_strength": 6.209324, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.197554, "energy": 13.632994, "activity_lines": [ 62.722409, 63.291446, 62.94976, 62.049119 ] }, { "date": "2023-09-29", "close": 62.120968, "volume": 10187608, "typical_volume": 22267249.35, "trend": 61.449453, "fair_value": 70.168274, "relative_strength": 5.197931, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.528137, "energy": 8.476593, "activity_lines": [ 62.605102, 62.946241, 63.029737, 62.078204 ] }, { "date": "2023-10-13", "close": 57.192123, "volume": 29158966, "typical_volume": 22704145.65, "trend": 61.229103, "fair_value": 70.104348, "relative_strength": -2.817089, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.741247, "energy": 23.37662, "activity_lines": [ 60.750871, 61.75791, 62.606817, 61.803538 ] }, { "date": "2023-10-20", "close": 54.363136, "volume": 24034897, "typical_volume": 22831631.15, "trend": 61.012977, "fair_value": 70.017273, "relative_strength": -4.737688, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.721098, "energy": 51.382683, "activity_lines": [ 58.293901, 60.234978, 61.898223, 61.360572 ] }, { "date": "2023-10-27", "close": 56.433834, "volume": 20778318, "typical_volume": 22498225.05, "trend": 60.880636, "fair_value": 69.947701, "relative_strength": -2.597428, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.547183, "energy": 54.634677, "activity_lines": [ 57.221933, 59.327158, 61.381312, 61.065143 ] }, { "date": "2023-11-03", "close": 55.471405, "volume": 25061098, "typical_volume": 22762416.65, "trend": 60.604534, "fair_value": 69.851601, "relative_strength": -4.854169, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.870489, "energy": 58.781074, "activity_lines": [ 56.179132, 58.389644, 60.762121, 60.716161 ] }, { "date": "2023-11-10", "close": 55.986641, "volume": 19748380, "typical_volume": 22088977.35, "trend": 60.330844, "fair_value": 69.740741, "relative_strength": -4.207698, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.677825, "energy": 58.947433, "activity_lines": [ 55.802581, 57.69729, 60.182297, 60.418232 ] }, { "date": "2023-11-17", "close": 56.997692, "volume": 14453022, "typical_volume": 21574874.75, "trend": 60.166592, "fair_value": 69.685234, "relative_strength": -2.95066, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.086219, "energy": 40.431131, "activity_lines": [ 56.172003, 57.274666, 59.726355, 60.20319 ] }, { "date": "2023-11-24", "close": 55.364464, "volume": 18978105, "typical_volume": 21243983.0, "trend": 59.851945, "fair_value": 69.583072, "relative_strength": -5.131317, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.045684, "energy": 33.322616, "activity_lines": [ 56.009977, 56.651425, 59.148059, 59.893375 ] }, { "date": "2023-12-01", "close": 54.081211, "volume": 11535282, "typical_volume": 19522396.7, "trend": 59.679373, "fair_value": 69.42049, "relative_strength": -6.831184, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.194534, "energy": 44.722065, "activity_lines": [ 55.353445, 55.966141, 58.481713, 59.52107 ] }, { "date": "2023-12-08", "close": 51.300838, "volume": 17338399, "typical_volume": 19288611.3, "trend": 59.497884, "fair_value": 69.191757, "relative_strength": -9.543059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.284032, "energy": 65.818452, "activity_lines": [ 53.926963, 54.913558, 57.592373, 58.980519 ] }, { "date": "2023-12-15", "close": 49.687054, "volume": 24829055, "typical_volume": 19587851.1, "trend": 59.3178, "fair_value": 68.975575, "relative_strength": -11.403233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.364687, "energy": 80.645048, "activity_lines": [ 52.240592, 53.778253, 56.612529, 58.347563 ] }, { "date": "2023-12-22", "close": 49.881485, "volume": 16998402, "typical_volume": 19501108.5, "trend": 59.187842, "fair_value": 68.746322, "relative_strength": -9.977375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.270128, "energy": 84.264284, "activity_lines": [ 51.039003, 52.90437, 55.7243, 57.738768 ] }, { "date": "2023-12-29", "close": 53.157658, "volume": 32502730, "typical_volume": 19813769.45, "trend": 59.186346, "fair_value": 68.488896, "relative_strength": -5.879908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.806674, "energy": 73.864597, "activity_lines": [ 51.403885, 52.759076, 55.22998, 57.349724 ] }, { "date": "2024-01-05", "close": 52.409096, "volume": 22656359, "typical_volume": 20149748.1, "trend": 59.126522, "fair_value": 68.230417, "relative_strength": -5.609659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.635183, "energy": 53.40676, "activity_lines": [ 51.666368, 52.499597, 54.732605, 56.912482 ] }, { "date": "2024-01-12", "close": 54.683952, "volume": 25209709, "typical_volume": 20601358.3, "trend": 59.1682, "fair_value": 67.978908, "relative_strength": 0.172288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.144548, "energy": 34.881724, "activity_lines": [ 52.798609, 52.726906, 54.509101, 56.625865 ] }, { "date": "2024-01-19", "close": 53.196548, "volume": 21022653, "typical_volume": 20883294.1, "trend": 58.882058, "fair_value": 67.673525, "relative_strength": -0.769106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.53313, "energy": 25.720056, "activity_lines": [ 53.209509, 52.698095, 54.187363, 56.240597 ] }, { "date": "2024-01-26", "close": 49.871761, "volume": 27125527, "typical_volume": 20326832.75, "trend": 58.412181, "fair_value": 67.310582, "relative_strength": -9.174697, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.753817, "energy": 36.174528, "activity_lines": [ 52.27818, 52.115506, 53.584763, 55.659287 ] }, { "date": "2024-02-02", "close": 47.538586, "volume": 23007360, "typical_volume": 20569458.1, "trend": 57.912167, "fair_value": 66.847384, "relative_strength": -7.460096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.775743, "energy": 50.305659, "activity_lines": [ 50.569775, 51.238266, 52.819118, 54.957765 ] }, { "date": "2024-02-09", "close": 52.982674, "volume": 24843814, "typical_volume": 21154670.0, "trend": 57.582929, "fair_value": 66.455029, "relative_strength": -1.677146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.289507, "energy": 40.249381, "activity_lines": [ 51.05067, 51.493148, 52.654083, 54.639733 ] }, { "date": "2024-02-23", "close": 51.485542, "volume": 33777229, "typical_volume": 22162345.65, "trend": 57.146754, "fair_value": 66.026012, "relative_strength": -8.670608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.881829, "energy": 38.205342, "activity_lines": [ 50.994282, 51.495799, 52.387896, 54.246353 ] }, { "date": "2024-03-01", "close": 55.004765, "volume": 42209849, "typical_volume": 23763457.7, "trend": 56.812331, "fair_value": 65.670782, "relative_strength": -2.943967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.939081, "energy": 19.511249, "activity_lines": [ 52.324197, 52.13495, 52.511175, 54.108161 ] }, { "date": "2024-03-08", "close": 55.043648, "volume": 28585238, "typical_volume": 23734771.3, "trend": 56.411153, "fair_value": 65.283966, "relative_strength": -3.229051, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.020944, "energy": 12.282412, "activity_lines": [ 53.546524, 52.684484, 52.672044, 53.994052 ] }, { "date": "2024-03-15", "close": 56.33662, "volume": 35017273, "typical_volume": 24283890.1, "trend": 56.039464, "fair_value": 64.876441, "relative_strength": -1.009998, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.304856, "energy": 13.422579, "activity_lines": [ 54.85505, 53.375247, 52.966284, 53.989244 ] }, { "date": "2024-03-22", "close": 52.136898, "volume": 33850137, "typical_volume": 24937481.05, "trend": 55.629861, "fair_value": 64.519077, "relative_strength": -7.93939, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.610534, "energy": 15.80201, "activity_lines": [ 54.177132, 53.244625, 52.851153, 53.737465 ] }, { "date": "2024-03-29", "close": 48.734337, "volume": 46420519, "typical_volume": 26005452.1, "trend": 55.127579, "fair_value": 64.257582, "relative_strength": -13.511985, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.200338, "energy": 17.774392, "activity_lines": [ 52.421413, 52.500305, 52.43243, 53.292593 ] }, { "date": "2024-04-05", "close": 48.75378, "volume": 27113219, "typical_volume": 26373694.05, "trend": 54.728994, "fair_value": 64.010105, "relative_strength": -14.03734, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.894109, "energy": 36.65366, "activity_lines": [ 50.855589, 51.867694, 52.047641, 52.88138 ] }, { "date": "2024-04-12", "close": 50.600883, "volume": 51112017, "typical_volume": 28206643.8, "trend": 54.339158, "fair_value": 63.803405, "relative_strength": -9.050788, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.053262, "energy": 35.047177, "activity_lines": [ 50.322197, 51.651698, 51.873207, 52.61505 ] }, { "date": "2024-04-19", "close": 52.010513, "volume": 45461463, "typical_volume": 29530811.7, "trend": 53.913353, "fair_value": 63.618367, "relative_strength": -7.689591, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.049931, "energy": 36.039337, "activity_lines": [ 50.554867, 51.678742, 51.863486, 52.464815 ] }, { "date": "2024-04-26", "close": 49.65789, "volume": 32427252, "typical_volume": 30575410.2, "trend": 53.512499, "fair_value": 63.39795, "relative_strength": -12.305227, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.930324, "energy": 39.211779, "activity_lines": [ 50.291737, 51.196728, 51.645676, 52.190269 ] }, { "date": "2024-05-03", "close": 49.580116, "volume": 12591807, "typical_volume": 30338080.6, "trend": 53.068871, "fair_value": 63.16012, "relative_strength": -12.563311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.902559, "energy": 27.189711, "activity_lines": [ 50.167948, 50.761024, 51.441523, 51.936567 ] }, { "date": "2024-05-10", "close": 52.613255, "volume": 43606848, "typical_volume": 31276970.25, "trend": 52.751947, "fair_value": 62.972119, "relative_strength": -8.565744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.810192, "energy": 14.269353, "activity_lines": [ 50.998821, 50.911444, 51.534434, 51.907172 ] }, { "date": "2024-05-17", "close": 51.748032, "volume": 25083685, "typical_volume": 31681234.4, "trend": 52.570477, "fair_value": 62.798688, "relative_strength": -9.996565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.569344, "energy": 14.62059, "activity_lines": [ 51.283988, 50.948033, 51.531008, 51.842403 ] }, { "date": "2024-05-24", "close": 49.648167, "volume": 23462521, "typical_volume": 31229223.95, "trend": 52.413311, "fair_value": 62.576457, "relative_strength": -11.756446, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.822593, "energy": 17.783182, "activity_lines": [ 50.792723, 50.662748, 51.318707, 51.653867 ] }, { "date": "2024-05-31", "close": 48.238533, "volume": 35297270, "typical_volume": 31861269.5, "trend": 52.140135, "fair_value": 62.366152, "relative_strength": -14.136613, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.708142, "energy": 26.260506, "activity_lines": [ 49.98907, 50.242775, 50.988867, 51.384527 ] }, { "date": "2024-06-07", "close": 50.09536, "volume": 39696652, "typical_volume": 32585616.65, "trend": 51.960933, "fair_value": 62.196686, "relative_strength": -9.779429, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.769922, "energy": 29.673976, "activity_lines": [ 49.898983, 50.231286, 50.855727, 51.252606 ] }, { "date": "2024-06-14", "close": 49.803715, "volume": 16466620, "typical_volume": 32357815.0, "trend": 51.754836, "fair_value": 62.020035, "relative_strength": -9.718993, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.576913, "energy": 33.704807, "activity_lines": [ 49.677332, 50.142024, 50.716663, 51.11343 ] }, { "date": "2024-06-21", "close": 47.35387, "volume": 23123606, "typical_volume": 32157718.95, "trend": 51.433375, "fair_value": 61.844232, "relative_strength": -13.104185, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.331172, "energy": 46.850469, "activity_lines": [ 48.826368, 49.588247, 50.360436, 50.829497 ] }, { "date": "2024-06-28", "close": 45.958755, "volume": 27749076, "typical_volume": 32394804.75, "trend": 51.119851, "fair_value": 61.648974, "relative_strength": -14.484392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.369078, "energy": 57.87465, "activity_lines": [ 47.80331, 48.839849, 49.883331, 50.476296 ] }, { "date": "2024-07-05", "close": 44.498489, "volume": 23633165, "typical_volume": 32334272.3, "trend": 50.800427, "fair_value": 61.46858, "relative_strength": -16.273897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.294686, "energy": 69.531605, "activity_lines": [ 46.539458, 47.935979, 49.274675, 50.049111 ] }, { "date": "2024-07-12", "close": 43.225697, "volume": 32464003, "typical_volume": 32268611.0, "trend": 50.531256, "fair_value": 61.276161, "relative_strength": -18.821659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.876811, "energy": 78.157485, "activity_lines": [ 45.100677, 46.894501, 48.585203, 49.560419 ] }, { "date": "2024-07-19", "close": 45.741688, "volume": 34512551, "typical_volume": 31883746.1, "trend": 50.399744, "fair_value": 61.116856, "relative_strength": -14.014613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.933251, "energy": 70.318954, "activity_lines": [ 44.958538, 46.42601, 48.174681, 49.251414 ] }, { "date": "2024-07-26", "close": 44.350494, "volume": 21578931, "typical_volume": 31533430.75, "trend": 50.215377, "fair_value": 60.904921, "relative_strength": -13.564719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.152549, "energy": 68.207854, "activity_lines": [ 44.62347, 45.829512, 47.675775, 48.86114 ] }, { "date": "2024-08-02", "close": 43.965694, "volume": 19683455, "typical_volume": 30766739.85, "trend": 49.908979, "fair_value": 60.662393, "relative_strength": -14.238937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.423804, "energy": 54.566916, "activity_lines": [ 44.36036, 45.297552, 47.19114, 48.457935 ] }, { "date": "2024-08-09", "close": 44.054493, "volume": 23634153, "typical_volume": 30255940.65, "trend": 49.630492, "fair_value": 60.41538, "relative_strength": -12.284315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.141017, "energy": 43.594496, "activity_lines": [ 44.25972, 44.885054, 46.773872, 48.080226 ] }, { "date": "2024-08-16", "close": 43.797958, "volume": 13666315, "typical_volume": 28618230.45, "trend": 49.267625, "fair_value": 60.117046, "relative_strength": -12.809295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.800428, "energy": 43.56084, "activity_lines": [ 44.103168, 44.501988, 46.37066, 47.703934 ] }, { "date": "2024-08-23", "close": 45.218754, "volume": 12737859, "typical_volume": 27899462.45, "trend": 49.001699, "fair_value": 59.766147, "relative_strength": -8.752028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.257767, "energy": 37.779002, "activity_lines": [ 44.382064, 44.491746, 46.126268, 47.442716 ] }, { "date": "2024-08-30", "close": 50.319801, "volume": 32471105, "typical_volume": 26967416.85, "trend": 49.016634, "fair_value": 59.493547, "relative_strength": 2.277866, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.541402, "energy": 12.620864, "activity_lines": [ 46.396172, 45.492329, 46.384523, 47.527755 ] }, { "date": "2024-09-06", "close": 50.398735, "volume": 30088933, "typical_volume": 26198790.35, "trend": 49.111972, "fair_value": 59.134881, "relative_strength": 5.454726, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.774724, "energy": 16.769666, "activity_lines": [ 48.038637, 46.453339, 46.651635, 47.616923 ] }, { "date": "2024-09-13", "close": 51.405128, "volume": 26356282, "typical_volume": 25895241.85, "trend": 49.059387, "fair_value": 58.820108, "relative_strength": 10.122298, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.472816, "energy": 31.989388, "activity_lines": [ 49.587697, 47.516602, 47.022269, 47.764868 ] }, { "date": "2024-09-20", "close": 51.562996, "volume": 13576794, "typical_volume": 25944491.2, "trend": 49.061969, "fair_value": 58.58062, "relative_strength": 9.376792, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.301631, "energy": 39.932188, "activity_lines": [ 50.699337, 48.482994, 47.399617, 47.926392 ] }, { "date": "2024-09-27", "close": 56.506176, "volume": 25950436, "typical_volume": 25061670.6, "trend": 49.112016, "fair_value": 58.382926, "relative_strength": 6.423355, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.853941, "energy": 67.053607, "activity_lines": [ 52.941035, 50.196557, 48.238302, 48.406663 ] }, { "date": "2024-10-04", "close": 62.159752, "volume": 15393792, "typical_volume": 24577175.95, "trend": 49.349219, "fair_value": 58.218611, "relative_strength": 8.510977, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 66.372965, "energy": 82.139595, "activity_lines": [ 56.314763, 52.742326, 49.596886, 49.248452 ] }, { "date": "2024-10-11", "close": 58.114437, "volume": 64186956, "typical_volume": 26613397.7, "trend": 49.40848, "fair_value": 58.009735, "relative_strength": 5.419036, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.762095, "energy": 81.908219, "activity_lines": [ 57.550723, 54.228779, 50.520621, 49.81395 ] }, { "date": "2024-10-18", "close": 54.661121, "volume": 61286429, "typical_volume": 27912855.65, "trend": 49.492621, "fair_value": 57.845751, "relative_strength": -1.983821, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.785323, "energy": 75.643357, "activity_lines": [ 57.121197, 54.830106, 51.075154, 50.15283 ] }, { "date": "2024-10-25", "close": 55.312317, "volume": 43016449, "typical_volume": 28078845.5, "trend": 49.711887, "fair_value": 57.68576, "relative_strength": -1.801086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.837766, "energy": 56.459566, "activity_lines": [ 56.691671, 55.356984, 51.661122, 50.528295 ] }, { "date": "2024-11-01", "close": 53.388325, "volume": 58794806, "typical_volume": 30195254.8, "trend": 49.866371, "fair_value": 57.513069, "relative_strength": -4.157465, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.524477, "energy": 37.150217, "activity_lines": [ 55.370859, 55.324694, 52.03901, 50.765484 ] }, { "date": "2024-11-08", "close": 56.348309, "volume": 60472021, "typical_volume": 32062675.55, "trend": 50.057952, "fair_value": 57.365502, "relative_strength": -3.911241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.000301, "energy": 29.203324, "activity_lines": [ 55.244565, 55.682045, 52.681731, 51.183674 ] }, { "date": "2024-11-15", "close": 53.299522, "volume": 57269035, "typical_volume": 33538673.5, "trend": 50.100919, "fair_value": 57.197478, "relative_strength": -5.533894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.860325, "energy": 22.093576, "activity_lines": [ 54.489438, 55.375462, 52.991261, 51.392807 ] }, { "date": "2024-11-22", "close": 54.049385, "volume": 37620544, "typical_volume": 34238042.45, "trend": 50.247302, "fair_value": 57.022815, "relative_strength": -2.106647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.558508, "energy": 18.697087, "activity_lines": [ 54.30526, 55.152476, 53.337251, 51.647547 ] }, { "date": "2024-11-29", "close": 52.352329, "volume": 32328792, "typical_volume": 34231281.9, "trend": 50.33971, "fair_value": 56.858582, "relative_strength": -6.607338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.247333, "energy": 16.590673, "activity_lines": [ 53.59618, 54.572856, 53.476136, 51.783355 ] }, { "date": "2024-12-06", "close": 54.078987, "volume": 44668249, "typical_volume": 34739066.8, "trend": 50.388567, "fair_value": 56.665906, "relative_strength": -5.516372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.362852, "energy": 16.506133, "activity_lines": [ 53.659984, 54.292824, 53.736004, 52.024599 ] }, { "date": "2024-12-13", "close": 54.246719, "volume": 80234120, "typical_volume": 37671826.25, "trend": 50.471857, "fair_value": 56.513208, "relative_strength": -4.74276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.908061, "energy": 14.775159, "activity_lines": [ 53.733655, 54.087418, 53.972145, 52.273512 ] }, { "date": "2024-12-20", "close": 52.411526, "volume": 38230610, "typical_volume": 38599184.0, "trend": 50.563969, "fair_value": 56.35051, "relative_strength": -7.173954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.7118, "energy": 10.88785, "activity_lines": [ 53.335701, 53.692215, 53.986381, 52.398652 ] }, { "date": "2024-12-27", "close": 52.28326, "volume": 44646379, "typical_volume": 39649795.3, "trend": 50.698793, "fair_value": 56.193566, "relative_strength": -8.091508, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.268069, "energy": 9.08481, "activity_lines": [ 52.954191, 53.37738, 53.948183, 52.509574 ] }, { "date": "2025-01-03", "close": 49.392338, "volume": 29233322, "typical_volume": 40428145.65, "trend": 50.675359, "fair_value": 56.027223, "relative_strength": -7.807599, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.51119, "energy": 8.459209, "activity_lines": [ 51.726782, 52.580156, 53.595475, 52.425286 ] }, { "date": "2025-01-10", "close": 51.987259, "volume": 36358567, "typical_volume": 41609181.05, "trend": 50.748144, "fair_value": 55.841777, "relative_strength": -1.481492, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.435947, "energy": 17.146052, "activity_lines": [ 51.56168, 52.362372, 53.463262, 52.509925 ] }, { "date": "2025-01-17", "close": 61.715755, "volume": 93598518, "typical_volume": 44665551.7, "trend": 51.226873, "fair_value": 55.723624, "relative_strength": 14.301875, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 55.435115, "energy": 27.120746, "activity_lines": [ 54.778858, 53.93888, 54.225341, 53.217513 ] }, { "date": "2025-01-24", "close": 62.57415, "volume": 103214763, "typical_volume": 48321843.2, "trend": 51.78072, "fair_value": 55.631734, "relative_strength": 15.445944, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.546665, "energy": 58.963013, "activity_lines": [ 57.784232, 55.573869, 55.014906, 53.949595 ] }, { "date": "2025-01-31", "close": 61.261894, "volume": 8927648, "typical_volume": 47450411.5, "trend": 52.3395, "fair_value": 55.52644, "relative_strength": 12.872623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.184958, "energy": 69.414769, "activity_lines": [ 59.674679, 56.801637, 55.621516, 54.561284 ] }, { "date": "2025-02-07", "close": 65.248001, "volume": 56387832, "typical_volume": 49590963.4, "trend": 53.073577, "fair_value": 55.412605, "relative_strength": 17.968228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.955222, "energy": 80.835546, "activity_lines": [ 62.295253, 58.623015, 56.560818, 55.394091 ] }, { "date": "2025-02-14", "close": 68.326401, "volume": 67675320, "typical_volume": 51677207.6, "trend": 53.826401, "fair_value": 55.357466, "relative_strength": 21.675092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.160711, "energy": 87.105063, "activity_lines": [ 64.884916, 60.769635, 57.728135, 56.378144 ] }, { "date": "2025-02-21", "close": 83.471672, "volume": 148508997, "typical_volume": 58332967.85, "trend": 55.13044, "fair_value": 55.387724, "relative_strength": 45.954859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.873501, "energy": 97.372146, "activity_lines": [ 71.433727, 65.410898, 60.281571, 58.290742 ] }, { "date": "2025-02-28", "close": 78.341026, "volume": 109754259, "typical_volume": 60611333.0, "trend": 56.276284, "fair_value": 55.423082, "relative_strength": 38.531985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.197507, "energy": 92.612828, "activity_lines": [ 74.821928, 68.587952, 62.244889, 59.788199 ] }, { "date": "2025-03-07", "close": 93.732964, "volume": 91443449, "typical_volume": 62119184.0, "trend": 57.932233, "fair_value": 55.60441, "relative_strength": 61.438966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.165737, "energy": 97.514251, "activity_lines": [ 82.28965, 74.092096, 65.577789, 62.204759 ] }, { "date": "2025-03-14", "close": 86.540192, "volume": 102750596, "typical_volume": 65105891.35, "trend": 59.356974, "fair_value": 55.729159, "relative_strength": 45.882721, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.520885, "energy": 89.055152, "activity_lines": [ 85.195043, 77.534831, 68.039607, 64.050434 ] }, { "date": "2025-03-21", "close": 82.189011, "volume": 68334750, "typical_volume": 65582888.55, "trend": 60.589316, "fair_value": 55.839044, "relative_strength": 39.667935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.57146, "energy": 72.427026, "activity_lines": [ 85.230563, 79.511027, 69.938322, 65.523468 ] }, { "date": "2025-03-28", "close": 80.245285, "volume": 49414928, "typical_volume": 65030033.9, "trend": 61.586832, "fair_value": 55.976894, "relative_strength": 35.733124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.282445, "energy": 62.352377, "activity_lines": [ 83.694, 80.584696, 71.514774, 66.791595 ] }, { "date": "2025-04-04", "close": 77.65036, "volume": 36442859, "typical_volume": 63988725.1, "trend": 62.49522, "fair_value": 56.126054, "relative_strength": 30.662353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.095126, "energy": 50.02525, "activity_lines": [ 81.507555, 80.84966, 72.730296, 67.827952 ] }, { "date": "2025-04-11", "close": 74.591705, "volume": 79408209, "typical_volume": 66078108.35, "trend": 63.268106, "fair_value": 56.268453, "relative_strength": 28.664804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.69954, "energy": 31.799961, "activity_lines": [ 78.347602, 80.284392, 73.538561, 68.60837 ] }, { "date": "2025-04-18", "close": 67.803467, "volume": 63685682, "typical_volume": 67645952.85, "trend": 63.809455, "fair_value": 56.386514, "relative_strength": 15.120759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.566049, "energy": 24.570382, "activity_lines": [ 74.200988, 78.242538, 73.602506, 68.900974 ] }, { "date": "2025-04-25", "close": 70.842392, "volume": 60963433, "typical_volume": 68460712.05, "trend": 64.287329, "fair_value": 56.525091, "relative_strength": 18.921467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.165843, "energy": 25.130877, "activity_lines": [ 72.316463, 76.706753, 73.882296, 69.354712 ] }, { "date": "2025-05-02", "close": 73.427444, "volume": 28788145, "typical_volume": 65888413.3, "trend": 64.662918, "fair_value": 56.668732, "relative_strength": 23.022782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.764393, "energy": 22.626375, "activity_lines": [ 72.050064, 75.595233, 74.328455, 69.944397 ] }, { "date": "2025-05-09", "close": 75.085037, "volume": 47234580, "typical_volume": 66338611.8, "trend": 65.228605, "fair_value": 56.853621, "relative_strength": 22.679458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.630793, "energy": 19.361348, "activity_lines": [ 72.790718, 74.967715, 74.841144, 70.616792 ] }, { "date": "2025-05-16", "close": 73.210373, "volume": 43857587, "typical_volume": 66299172.2, "trend": 65.846913, "fair_value": 57.046523, "relative_strength": 18.05086, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.279309, "energy": 11.411688, "activity_lines": [ 73.077506, 74.058549, 75.067324, 71.131745 ] }, { "date": "2025-05-23", "close": 68.859192, "volume": 48803967, "typical_volume": 67277704.45, "trend": 66.298476, "fair_value": 57.208306, "relative_strength": 11.146346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.595852, "energy": 7.560025, "activity_lines": [ 72.00599, 72.731397, 74.779453, 71.326085 ] }, { "date": "2025-05-30", "close": 67.211472, "volume": 28238824, "typical_volume": 66871717.3, "trend": 66.759248, "fair_value": 57.353926, "relative_strength": 8.015738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.009256, "energy": 9.090636, "activity_lines": [ 70.314851, 71.426133, 74.241958, 71.384988 ] }, { "date": "2025-06-06", "close": 70.201057, "volume": 46384274, "typical_volume": 64511005.1, "trend": 67.221006, "fair_value": 57.5111, "relative_strength": 11.061985, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.391036, "energy": 20.088994, "activity_lines": [ 69.862302, 70.936748, 73.916688, 71.60704 ] }, { "date": "2025-06-13", "close": 67.606133, "volume": 39183867, "typical_volume": 61309460.3, "trend": 67.697893, "fair_value": 57.641899, "relative_strength": 6.825739, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.592104, "energy": 31.045426, "activity_lines": [ 68.759871, 70.158181, 73.303876, 71.631887 ] }, { "date": "2025-06-20", "close": 66.382675, "volume": 51273315, "typical_volume": 63426743.65, "trend": 68.109003, "fair_value": 57.759802, "relative_strength": 4.999415, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.25121, "energy": 41.116802, "activity_lines": [ 67.748214, 69.33979, 72.550583, 71.547034 ] }, { "date": "2025-06-27", "close": 69.968315, "volume": 38376101, "typical_volume": 62526157.1, "trend": 68.696202, "fair_value": 57.877739, "relative_strength": 8.045623, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.855489, "energy": 23.802638, "activity_lines": [ 68.386951, 69.322588, 72.114395, 71.66699 ] }, { "date": "2025-07-04", "close": 68.892029, "volume": 49288240, "typical_volume": 61606803.1, "trend": 69.18997, "fair_value": 57.988434, "relative_strength": 4.405284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.563462, "energy": 19.269094, "activity_lines": [ 68.592984, 69.070338, 71.553225, 71.679624 ] }, { "date": "2025-07-11", "close": 71.014702, "volume": 46224727, "typical_volume": 56492589.6, "trend": 69.748903, "fair_value": 58.091999, "relative_strength": 5.852653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.544026, "energy": 10.656137, "activity_lines": [ 69.394537, 69.239488, 71.191521, 71.797349 ] }, { "date": "2025-07-18", "close": 76.137009, "volume": 50469002, "typical_volume": 53528326.75, "trend": 70.539752, "fair_value": 58.223586, "relative_strength": 12.008251, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.41133, "energy": 14.795824, "activity_lines": [ 71.849283, 70.383836, 71.376975, 72.209485 ] }, { "date": "2025-07-25", "close": 75.369652, "volume": 79775832, "typical_volume": 52944945.9, "trend": 71.309299, "fair_value": 58.318779, "relative_strength": 8.442983, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.255651, "energy": 24.490661, "activity_lines": [ 73.479518, 71.369537, 71.499843, 72.521091 ] }, { "date": "2025-08-01", "close": 72.908165, "volume": 38974434, "typical_volume": 49756137.8, "trend": 72.09316, "fair_value": 58.433124, "relative_strength": 5.334413, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.486436, "energy": 21.697226, "activity_lines": [ 73.690126, 71.868435, 71.475728, 72.624244 ] }, { "date": "2025-08-08", "close": 77.861046, "volume": 66543593, "typical_volume": 49666579.95, "trend": 72.955619, "fair_value": 58.583477, "relative_strength": 9.510924, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.195033, "energy": 39.423728, "activity_lines": [ 75.355704, 73.19424, 71.98823, 72.996365 ] }, { "date": "2025-08-15", "close": 75.289932, "volume": 40665821, "typical_volume": 49229124.6, "trend": 73.408092, "fair_value": 58.726852, "relative_strength": 3.6037, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.791643, "energy": 32.840881, "activity_lines": [ 75.56631, 73.85894, 72.276474, 73.146966 ] }, { "date": "2025-08-22", "close": 82.405357, "volume": 65497629, "typical_volume": 50681863.1, "trend": 74.069132, "fair_value": 58.933243, "relative_strength": 8.964436, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 37.539776, "energy": 48.157886, "activity_lines": [ 77.863709, 75.72483, 73.265974, 73.727435 ] }, { "date": "2025-08-29", "close": 89.112183, "volume": 62593380, "typical_volume": 49841121.65, "trend": 74.997475, "fair_value": 59.187873, "relative_strength": 16.240374, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.788986, "energy": 67.844347, "activity_lines": [ 81.978826, 78.541065, 74.871576, 74.697954 ] }, { "date": "2025-09-05", "close": 87.697075, "volume": 60714078, "typical_volume": 49692541.45, "trend": 75.745777, "fair_value": 59.410596, "relative_strength": 15.22403, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.731397, "energy": 67.390581, "activity_lines": [ 84.706073, 80.686744, 76.273261, 75.517283 ] }, { "date": "2025-09-12", "close": 86.062721, "volume": 57252515, "typical_volume": 49506995.55, "trend": 76.336988, "fair_value": 59.653269, "relative_strength": 11.03486, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.323922, "energy": 64.985463, "activity_lines": [ 85.902607, 82.212927, 77.424562, 76.182893 ] }, { "date": "2025-09-19", "close": 93.227974, "volume": 81972237, "typical_volume": 52166200.15, "trend": 76.662198, "fair_value": 59.936442, "relative_strength": 21.22178, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.696157, "energy": 79.352598, "activity_lines": [ 88.94078, 84.729689, 79.18579, 77.272634 ] }, { "date": "2025-09-26", "close": 89.39122, "volume": 44775639, "typical_volume": 52043253.1, "trend": 77.030538, "fair_value": 60.217669, "relative_strength": 15.43272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.03303, "energy": 65.550986, "activity_lines": [ 89.504166, 86.144982, 80.487325, 78.093861 ] }, { "date": "2025-10-03", "close": 95.440323, "volume": 22412613, "typical_volume": 50971004.4, "trend": 77.08745, "fair_value": 60.51416, "relative_strength": 20.825278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.600233, "energy": 66.286036, "activity_lines": [ 91.618196, 88.419125, 82.29684, 79.281589 ] }, { "date": "2025-10-10", "close": 97.931717, "volume": 37769326, "typical_volume": 50419272.35, "trend": 77.467167, "fair_value": 60.826868, "relative_strength": 22.705973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.651925, "energy": 70.790471, "activity_lines": [ 94.140814, 90.781329, 84.237774, 80.62638 ] }, { "date": "2025-10-17", "close": 88.972664, "volume": 59375359, "typical_volume": 51976099.1, "trend": 77.693289, "fair_value": 61.104981, "relative_strength": 12.466149, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.863405, "energy": 48.658638, "activity_lines": [ 92.994771, 91.059639, 85.187024, 81.368671 ] }, { "date": "2025-10-24", "close": 92.6101, "volume": 33000170, "typical_volume": 51306893.9, "trend": 78.10545, "fair_value": 61.419186, "relative_strength": 13.082621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.997397, "energy": 46.729126, "activity_lines": [ 92.867212, 91.797273, 86.379072, 82.331045 ] }, { "date": "2025-10-31", "close": 95.74926, "volume": 49275689, "typical_volume": 51811485.0, "trend": 78.708746, "fair_value": 61.735184, "relative_strength": 15.934375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.869805, "energy": 45.312581, "activity_lines": [ 93.82723, 92.79075, 87.763377, 83.469356 ] }, { "date": "2025-11-07", "close": 93.89566, "volume": 46898833, "typical_volume": 51592760.9, "trend": 79.352212, "fair_value": 62.018255, "relative_strength": 11.736387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.605855, "energy": 37.809126, "activity_lines": [ 93.745512, 93.204593, 88.837135, 84.449157 ] }, { "date": "2025-11-14", "close": 86.07, "volume": 35143862, "typical_volume": 51431148.95, "trend": 79.961096, "fair_value": 62.221538, "relative_strength": 2.085267, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.758689, "energy": 27.054545, "activity_lines": [ 91.158219, 92.108617, 89.034577, 84.882562 ] }, { "date": "2025-11-21", "close": 92.150002, "volume": 41619550, "typical_volume": 51047714.45, "trend": 80.67135, "fair_value": 62.441084, "relative_strength": 12.961584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.583857, "energy": 25.174297, "activity_lines": [ 91.388374, 92.147678, 89.734393, 85.668943 ] }, { "date": "2025-11-28", "close": 101.300003, "volume": 79420372, "typical_volume": 52707496.7, "trend": 81.600435, "fair_value": 62.691573, "relative_strength": 21.331913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.85175, "energy": 37.856198, "activity_lines": [ 94.456707, 93.739698, 91.194885, 86.999824 ] }, { "date": "2025-12-05", "close": 112.980003, "volume": 78372698, "typical_volume": 54102681.5, "trend": 82.8636, "fair_value": 63.016193, "relative_strength": 33.269676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.77607, "energy": 62.150085, "activity_lines": [ 100.839046, 97.308591, 93.623542, 89.024313 ] }, { "date": "2025-12-12", "close": 110.349998, "volume": 57830210, "typical_volume": 53005400.4, "trend": 84.101588, "fair_value": 63.329633, "relative_strength": 29.201893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.109916, "energy": 79.434856, "activity_lines": [ 105.196001, 99.970413, 95.626279, 90.797628 ] }, { "date": "2025-12-19", "close": 105.339996, "volume": 49421215, "typical_volume": 53527739.45, "trend": 85.317615, "fair_value": 63.622127, "relative_strength": 22.070071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.164801, "energy": 78.175913, "activity_lines": [ 106.785999, 101.450242, 96.985301, 92.167848 ] }, { "date": "2025-12-26", "close": 108.610001, "volume": 43065306, "typical_volume": 52353825.1, "trend": 86.697566, "fair_value": 63.914168, "relative_strength": 22.259535, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.652101, "energy": 78.45057, "activity_lines": [ 108.181333, 103.38992, 98.501314, 93.670583 ] }, { "date": "2026-01-02", "close": 109.910004, "volume": 38962541, "typical_volume": 52268661.1, "trend": 88.021197, "fair_value": 64.22923, "relative_strength": 22.270226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.672072, "energy": 67.02933, "activity_lines": [ 108.912667, 105.20892, 99.994714, 95.16816 ] }, { "date": "2026-01-09", "close": 115.199997, "volume": 71661315, "typical_volume": 52576845.4, "trend": 89.607659, "fair_value": 64.588509, "relative_strength": 22.241556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.794348, "energy": 57.396009, "activity_lines": [ 110.833333, 107.675194, 101.827065, 96.921631 ] }, { "date": "2026-01-16", "close": 118.800003, "volume": 71214946, "typical_volume": 53007923.7, "trend": 91.354904, "fair_value": 64.960312, "relative_strength": 25.582571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.859882, "energy": 60.149772, "activity_lines": [ 113.806001, 110.442364, 103.846108, 98.805008 ] }, { "date": "2026-01-23", "close": 117.68, "volume": 74918880, "typical_volume": 53718163.8, "trend": 92.945293, "fair_value": 65.319751, "relative_strength": 22.427911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.970769, "energy": 57.023191, "activity_lines": [ 115.842001, 112.553091, 105.617114, 100.503401 ] }, { "date": "2026-01-30", "close": 108.400002, "volume": 62525708, "typical_volume": 53981823.45, "trend": 94.262226, "fair_value": 65.599707, "relative_strength": 12.575778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.101813, "energy": 48.935433, "activity_lines": [ 113.962001, 112.401819, 106.361535, 101.500479 ] }, { "date": "2026-02-06", "close": 119.639999, "volume": 64391811, "typical_volume": 53102802.15, "trend": 95.883069, "fair_value": 65.945974, "relative_strength": 24.855399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.060722, "energy": 50.412543, "activity_lines": [ 115.842667, 113.998728, 108.070064, 103.137755 ] }, { "date": "2026-02-13", "close": 118.540001, "volume": 32101408, "typical_volume": 52469090.6, "trend": 97.296502, "fair_value": 66.304384, "relative_strength": 22.346894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.373551, "energy": 45.71976, "activity_lines": [ 116.708001, 115.062182, 109.54806, 104.599492 ] }, { "date": "2026-02-27", "close": 112.830002, "volume": 33254017, "typical_volume": 53011160.8, "trend": 98.54518, "fair_value": 66.623908, "relative_strength": 13.971211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.577453, "energy": 36.475482, "activity_lines": [ 115.447334, 114.986365, 110.343442, 105.601653 ] }, { "date": "2026-03-06", "close": 106.970001, "volume": 45890188, "typical_volume": 53417203.9, "trend": 99.680575, "fair_value": 66.893031, "relative_strength": 8.858929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.967437, "energy": 27.962926, "activity_lines": [ 112.631334, 113.800001, 110.497921, 106.14519 ] }, { "date": "2026-03-13", "close": 107.699997, "volume": 45747604, "typical_volume": 52735816.15, "trend": 100.675207, "fair_value": 67.151837, "relative_strength": 10.504488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.819859, "energy": 17.623774, "activity_lines": [ 110.772666, 112.716728, 110.678884, 106.662572 ] }, { "date": "2026-03-20", "close": 99.669998, "volume": 44652280, "typical_volume": 53318421.65, "trend": 101.487875, "fair_value": 67.350095, "relative_strength": 5.852264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.704754, "energy": 15.672622, "activity_lines": [ 106.283999, 110.19, 110.005908, 106.59772 ] }, { "date": "2026-03-27", "close": 95.769997, "volume": 89223942, "typical_volume": 55315834.3, "trend": 101.933363, "fair_value": 67.555015, "relative_strength": 2.832702, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -26.194916, "energy": 29.228774, "activity_lines": [ 101.826665, 107.140363, 108.927884, 106.228825 ] }, { "date": "2026-04-03", "close": 102.989998, "volume": 55164582, "typical_volume": 55729121.75, "trend": 102.395957, "fair_value": 67.825162, "relative_strength": 11.309787, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.971361, "energy": 24.192285, "activity_lines": [ 101.293998, 105.756726, 108.537381, 106.296995 ] }, { "date": "2026-04-10", "close": 101.379997, "volume": 36756775, "typical_volume": 55809767.4, "trend": 102.852055, "fair_value": 68.087829, "relative_strength": 6.463861, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.02311, "energy": 27.485672, "activity_lines": [ 100.880664, 104.367817, 107.950237, 106.231449 ] }, { "date": "2026-04-17", "close": 105.389999, "volume": 45492969, "typical_volume": 56003438.35, "trend": 103.496297, "fair_value": 68.354723, "relative_strength": 8.633386, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.016193, "energy": 23.40462, "activity_lines": [ 102.176665, 104.004362, 107.672094, 106.395187 ] }, { "date": "2026-04-24", "close": 96.849998, "volume": 73066057, "typical_volume": 55685722.6, "trend": 103.617031, "fair_value": 68.564035, "relative_strength": -1.108087, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.135186, "energy": 19.053338, "activity_lines": [ 100.779998, 102.142907, 106.51757, 105.966394 ] }, { "date": "2026-05-01", "close": 104.980003, "volume": 53817208, "typical_volume": 54457948.1, "trend": 104.136657, "fair_value": 68.840027, "relative_strength": 6.010181, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -1.776617, "energy": 7.797761, "activity_lines": [ 102.281333, 102.173999, 106.158523, 106.054327 ] }, { "date": "2026-05-08", "close": 113.410004, "volume": 48330174, "typical_volume": 53982946.3, "trend": 104.735647, "fair_value": 69.151605, "relative_strength": 12.240731, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.844825, "energy": 9.496241, "activity_lines": [ 105.978668, 103.984364, 106.640428, 106.652608 ] }, { "date": "2026-05-15", "close": 116.019997, "volume": 53595694, "typical_volume": 54191670.25, "trend": 105.338589, "fair_value": 69.515461, "relative_strength": 15.547487, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.041742, "energy": 24.191869, "activity_lines": [ 109.851334, 106.258727, 107.356333, 107.38063 ] }, { "date": "2026-05-22", "close": 117.050003, "volume": 50830607, "typical_volume": 54579935.3, "trend": 106.274501, "fair_value": 69.902029, "relative_strength": 16.59032, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.535339, "energy": 36.703358, "activity_lines": [ 113.091335, 108.555818, 108.119476, 108.136206 ] }, { "date": "2026-05-29", "close": 109.110001, "volume": 54488080, "typical_volume": 55356212.25, "trend": 106.824497, "fair_value": 70.248313, "relative_strength": 9.327094, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.370517, "energy": 36.554597, "activity_lines": [ 112.907335, 109.239273, 108.086238, 108.319141 ] }, { "date": "2026-06-05", "close": 116.590599, "volume": 12437398, "typical_volume": 52395016.4, "trend": 107.519209, "fair_value": 70.650944, "relative_strength": 17.192097, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.273264, "energy": 47.064951, "activity_lines": [ 114.399534, 111.1112, 108.769247, 108.949212 ] }, { "date": "2026-06-12", "close": 113.944435, "volume": 20224328, "typical_volume": 49845485.5, "trend": 108.187501, "fair_value": 71.040315, "relative_strength": 13.758354, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.844654, "energy": 36.531816, "activity_lines": [ 114.235638, 112.12345, 109.193619, 109.363743 ] }, { "date": "2026-06-19", "close": 117.286964, "volume": 34256452, "typical_volume": 47812364.1, "trend": 109.228067, "fair_value": 71.444694, "relative_strength": 14.639525, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.809012, "energy": 34.819654, "activity_lines": [ 115.150291, 113.544261, 109.959449, 109.950805 ] }, { "date": "2026-06-26", "close": 107.637398, "volume": 8142640, "typical_volume": 45093210.7, "trend": 109.744313, "fair_value": 71.792154, "relative_strength": 6.289625, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.155957, "energy": 16.187634, "activity_lines": [ 112.763957, 112.921388, 109.808144, 109.848181 ] }, { "date": "2026-07-03", "close": 121.02742, "volume": 20220303, "typical_volume": 42884635.3, "trend": 110.401894, "fair_value": 72.17194, "relative_strength": 18.169645, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.863478, "energy": 32.461877, "activity_lines": [ 115.46847, 114.692203, 110.935711, 110.576124 ] }, { "date": "2026-07-10", "close": 111.010002, "volume": 52031628, "typical_volume": 43881146.3, "trend": 110.336227, "fair_value": 72.473491, "relative_strength": 9.019472, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.589232, "energy": 19.279007, "activity_lines": [ 114.03935, 114.202079, 111.102631, 110.615356 ] }, { "date": "2026-07-17", "close": 103.510002, "volume": 36984893, "typical_volume": 44067690.1, "trend": 110.108227, "fair_value": 72.736126, "relative_strength": 7.330769, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.950468, "energy": 9.842603, "activity_lines": [ 110.482269, 112.238683, 110.591123, 110.174955 ] }, { "date": "2026-07-24", "close": 106.790001, "volume": 32381350, "typical_volume": 43392248.2, "trend": 110.156561, "fair_value": 73.01773, "relative_strength": 8.751956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.168416, "energy": 8.615248, "activity_lines": [ 108.71415, 111.05165, 110.436376, 109.960876 ] }, { "date": "2026-07-31", "close": 108.449997, "volume": 34416234, "typical_volume": 42825679.7, "trend": 110.151227, "fair_value": 73.299007, "relative_strength": 9.323587, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.516387, "energy": 17.035566, "activity_lines": [ 108.199161, 110.334252, 110.440581, 109.850775 ] }, { "date": "2026-08-07", "close": 104.0, "volume": 30604550, "typical_volume": 42123293.2, "trend": 109.954227, "fair_value": 73.548766, "relative_strength": 1.523857, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.956687, "energy": 25.821826, "activity_lines": [ 106.146666, 108.964128, 110.017406, 109.453921 ] } ], "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." } } }