{ "ticker": { "uuid": "bcfa7895-861a-44f6-99bd-3a41a886779e", "symbol": "600562", "name": "Glarun 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -17.142, "architecture_energy": 21.146, "architecture_maturity": 79.333, "architecture_confidence": 58.076, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 52.12, "rotation_up": 38.31, "upward_expansion": 20.5, "deceleration": 44.11, "rotation_down": 19.04, "downward_expansion": 54.5 }, "activity_lines": [ 24.142666, 23.137891, 23.603192, 24.452122 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 25.219999, "trend_reference": 25.977655, "distance_from_trend": -0.029166, "trend_direction": "Weakening", "fair_value": 20.374888, "distance_from_fair_value": 0.237798, "fair_value_direction": "Weakening", "relative_strength": -6.463645, "relative_strength_direction": "Improving", "price_momentum": -0.131244, "excess_performance": -0.08804, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.029166, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.055705, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.237798, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.163006, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.064636, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.045133, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.131244, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.079171, "read": "Demand-led" } ], "volume": { "latest": 53920364, "relative_activity": 1.104131, "balance": 1.079171, "dry_up": 1.386236, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.089784, "annualized_volatility": 0.414345, "from_high_reference": -0.308075, "from_low_reference": 0.302686 }, "levels": { "trend_reference": 25.977655, "fair_value_reference": 20.374888, "structural_low": 19.360001, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": 0.000692, "positive_rate": 0.52381, "directional_follow_through": 0.47619, "median_excess_return": -0.005946, "regime_survival": 0.666667, "best_return": 0.219085, "worst_return": -0.169751, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.034083, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.007642, "regime_survival": 0.555556, "best_return": 0.535067, "worst_return": -0.203441, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.029007, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.007766, "regime_survival": 0.4, "best_return": 0.712372, "worst_return": -0.26759, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.153619, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.112047, "regime_survival": 0.0, "best_return": 1.092042, "worst_return": -0.10451, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-18", "tenure": "New", "return": 0.083712, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2025-01-03", "tenure": "Developing", "return": -0.017146, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.142857, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-08-22", "tenure": "Extended", "return": 0.521465, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-10-03", "tenure": "Developing", "return": 0.170748, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": -0.172174, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.041392, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.014689, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": 0.180273, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.110043, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.136954, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.103254, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.108499, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.056114, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 15.548753, "volume": 23694995, "typical_volume": 30547481.4, "trend": 15.92907, "fair_value": 15.324101, "relative_strength": -2.620273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.059997, "energy": 17.373858, "activity_lines": [ 15.428879, 15.409925, 15.451415, 15.661247 ] }, { "date": "2023-08-04", "close": 15.705614, "volume": 26233472, "typical_volume": 30081306.8, "trend": 15.90332, "fair_value": 15.325487, "relative_strength": -1.941232, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.004702, "energy": 10.949797, "activity_lines": [ 15.503384, 15.465542, 15.462991, 15.646831 ] }, { "date": "2023-08-11", "close": 15.293857, "volume": 20830448, "typical_volume": 29320645.95, "trend": 15.86903, "fair_value": 15.318044, "relative_strength": -1.547974, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.86049, "energy": 18.089621, "activity_lines": [ 15.443527, 15.445492, 15.438382, 15.60751 ] }, { "date": "2023-08-18", "close": 14.999744, "volume": 19746360, "typical_volume": 29057462.0, "trend": 15.84762, "fair_value": 15.301789, "relative_strength": -1.662748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.83466, "energy": 27.421337, "activity_lines": [ 15.30366, 15.376352, 15.391262, 15.551427 ] }, { "date": "2023-08-25", "close": 14.450733, "volume": 20743125, "typical_volume": 28665710.35, "trend": 15.775504, "fair_value": 15.262954, "relative_strength": -3.140215, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.907982, "energy": 52.808176, "activity_lines": [ 15.00628, 15.204047, 15.295979, 15.461306 ] }, { "date": "2023-09-01", "close": 14.950725, "volume": 23123472, "typical_volume": 28340254.75, "trend": 15.703852, "fair_value": 15.240195, "relative_strength": -2.037451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.956091, "energy": 51.949871, "activity_lines": [ 14.923274, 15.132467, 15.25783, 15.408094 ] }, { "date": "2023-09-08", "close": 15.411502, "volume": 21236982, "typical_volume": 27752131.45, "trend": 15.661494, "fair_value": 15.226519, "relative_strength": 1.338138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.846416, "energy": 43.776733, "activity_lines": [ 15.03373, 15.156173, 15.26718, 15.389233 ] }, { "date": "2023-09-15", "close": 15.038959, "volume": 30387672, "typical_volume": 26965805.1, "trend": 15.613523, "fair_value": 15.213396, "relative_strength": -1.250815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.178447, "energy": 35.330858, "activity_lines": [ 15.039613, 15.11828, 15.239462, 15.349069 ] }, { "date": "2023-09-22", "close": 14.803669, "volume": 29221680, "typical_volume": 27840449.95, "trend": 15.539885, "fair_value": 15.192085, "relative_strength": -3.337629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.242082, "energy": 28.839499, "activity_lines": [ 14.984058, 15.047158, 15.192347, 15.296821 ] }, { "date": "2023-09-29", "close": 14.70563, "volume": 18665176, "typical_volume": 26778642.3, "trend": 15.453907, "fair_value": 15.177868, "relative_strength": -3.382005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.514769, "energy": 30.667197, "activity_lines": [ 14.908895, 14.968728, 15.137711, 15.242998 ] }, { "date": "2023-10-13", "close": 14.725239, "volume": 17365285, "typical_volume": 25818796.55, "trend": 15.392237, "fair_value": 15.160099, "relative_strength": -2.648325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.42936, "energy": 39.737782, "activity_lines": [ 14.823276, 14.902241, 15.085837, 15.195987 ] }, { "date": "2023-10-20", "close": 13.901724, "volume": 24254383, "typical_volume": 25652793.25, "trend": 15.310895, "fair_value": 15.137173, "relative_strength": -4.98696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.414382, "energy": 68.750522, "activity_lines": [ 14.478184, 14.700997, 14.961797, 15.099825 ] }, { "date": "2023-10-27", "close": 13.97035, "volume": 31556712, "typical_volume": 25827935.7, "trend": 15.228275, "fair_value": 15.111807, "relative_strength": -5.663235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.604936, "energy": 73.244229, "activity_lines": [ 14.256619, 14.545028, 14.852673, 15.013338 ] }, { "date": "2023-11-03", "close": 14.058583, "volume": 24985943, "typical_volume": 25566561.3, "trend": 15.16804, "fair_value": 15.085965, "relative_strength": -5.463214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.000203, "energy": 73.3146, "activity_lines": [ 14.135706, 14.429165, 14.759403, 14.937874 ] }, { "date": "2023-11-10", "close": 14.097799, "volume": 18550304, "typical_volume": 24425748.25, "trend": 15.089669, "fair_value": 15.052038, "relative_strength": -5.433965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.741712, "energy": 71.487732, "activity_lines": [ 14.077538, 14.337545, 14.673473, 14.868826 ] }, { "date": "2023-11-17", "close": 14.333089, "volume": 20618805, "typical_volume": 23733133.85, "trend": 15.043769, "fair_value": 15.02152, "relative_strength": -4.18619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.664969, "energy": 51.187753, "activity_lines": [ 14.138321, 14.295121, 14.614204, 14.820015 ] }, { "date": "2023-11-24", "close": 14.029173, "volume": 22399384, "typical_volume": 23412435.6, "trend": 15.008802, "fair_value": 14.998983, "relative_strength": -5.63786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.005687, "energy": 43.39226, "activity_lines": [ 14.123942, 14.20867, 14.531945, 14.754557 ] }, { "date": "2023-12-01", "close": 14.029173, "volume": 17195492, "typical_volume": 23124029.2, "trend": 14.954067, "fair_value": 14.976016, "relative_strength": -5.062823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.522706, "energy": 41.331414, "activity_lines": [ 14.101067, 14.147352, 14.457877, 14.691355 ] }, { "date": "2023-12-08", "close": 13.519377, "volume": 21450810, "typical_volume": 22959521.45, "trend": 14.898542, "fair_value": 14.959895, "relative_strength": -6.232083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.858976, "energy": 50.838922, "activity_lines": [ 13.904338, 14.011704, 14.342566, 14.598794 ] }, { "date": "2023-12-15", "close": 13.5782, "volume": 21044202, "typical_volume": 22665235.1, "trend": 14.854699, "fair_value": 14.942495, "relative_strength": -4.662231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.685245, "energy": 59.622197, "activity_lines": [ 13.763164, 13.910102, 14.241727, 14.513611 ] }, { "date": "2023-12-22", "close": 13.274283, "volume": 18139084, "typical_volume": 22387439.55, "trend": 14.762488, "fair_value": 14.924374, "relative_strength": -5.704842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.934662, "energy": 72.021719, "activity_lines": [ 13.555324, 13.77374, 14.119507, 14.411649 ] }, { "date": "2023-12-29", "close": 13.568397, "volume": 15174844, "typical_volume": 21834508.15, "trend": 14.692718, "fair_value": 14.907463, "relative_strength": -5.421627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.60923, "energy": 67.165631, "activity_lines": [ 13.51611, 13.717235, 14.036129, 14.33461 ] }, { "date": "2024-01-05", "close": 13.048798, "volume": 14984537, "typical_volume": 21542212.6, "trend": 14.609841, "fair_value": 14.899971, "relative_strength": -7.412606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.769488, "energy": 67.47268, "activity_lines": [ 13.334414, 13.572318, 13.913442, 14.228551 ] }, { "date": "2024-01-12", "close": 12.744882, "volume": 19734334, "typical_volume": 21541611.3, "trend": 14.540814, "fair_value": 14.881397, "relative_strength": -7.751737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.884288, "energy": 71.240752, "activity_lines": [ 13.116771, 13.388899, 13.772501, 14.108231 ] }, { "date": "2024-01-19", "close": 11.999794, "volume": 17188701, "typical_volume": 21363890.1, "trend": 14.441117, "fair_value": 14.853512, "relative_strength": -11.288861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.482672, "energy": 84.602489, "activity_lines": [ 12.702398, 13.093895, 13.571337, 13.944294 ] }, { "date": "2024-01-26", "close": 12.127244, "volume": 27899446, "typical_volume": 21602688.8, "trend": 14.325901, "fair_value": 14.826935, "relative_strength": -12.491236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.23687, "energy": 84.043236, "activity_lines": [ 12.435736, 12.860209, 13.393983, 13.795012 ] }, { "date": "2024-02-02", "close": 10.431194, "volume": 29440943, "typical_volume": 22012886.85, "trend": 14.148642, "fair_value": 14.788933, "relative_strength": -19.352163, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.749078, "energy": 94.365796, "activity_lines": [ 11.680193, 12.358256, 13.068545, 13.543741 ] }, { "date": "2024-02-09", "close": 11.744898, "volume": 52418354, "typical_volume": 23114420.95, "trend": 14.021329, "fair_value": 14.762908, "relative_strength": -13.093763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.265337, "energy": 71.679961, "activity_lines": [ 11.571698, 12.160577, 12.891937, 13.388661 ] }, { "date": "2024-02-23", "close": 12.225282, "volume": 43286325, "typical_volume": 23817653.2, "trend": 13.916102, "fair_value": 14.739594, "relative_strength": -13.352826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.272262, "energy": 55.49428, "activity_lines": [ 11.710258, 12.091772, 12.776766, 13.272787 ] }, { "date": "2024-03-01", "close": 12.666451, "volume": 36582000, "typical_volume": 24713494.4, "trend": 13.832771, "fair_value": 14.727506, "relative_strength": -10.543127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.686996, "energy": 46.058313, "activity_lines": [ 12.030514, 12.12671, 12.71589, 13.192164 ] }, { "date": "2024-03-08", "close": 12.539001, "volume": 27630454, "typical_volume": 25226752.85, "trend": 13.732445, "fair_value": 14.723487, "relative_strength": -11.599207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.052616, "energy": 26.139957, "activity_lines": [ 12.263843, 12.155051, 12.652585, 13.108695 ] }, { "date": "2024-03-15", "close": 13.058599, "volume": 39542705, "typical_volume": 25991168.95, "trend": 13.644212, "fair_value": 14.719857, "relative_strength": -7.846277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.483475, "energy": 22.658789, "activity_lines": [ 12.642921, 12.291234, 12.649177, 13.065221 ] }, { "date": "2024-03-22", "close": 13.950743, "volume": 68396196, "typical_volume": 27833143.15, "trend": 13.599441, "fair_value": 14.718942, "relative_strength": -1.109881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.654101, "energy": 17.333744, "activity_lines": [ 13.14422, 12.598894, 12.73475, 13.084997 ] }, { "date": "2024-03-29", "close": 14.176229, "volume": 59128420, "typical_volume": 29540267.0, "trend": 13.571991, "fair_value": 14.718309, "relative_strength": 0.868783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.04842, "energy": 29.179625, "activity_lines": [ 13.573624, 12.931152, 12.841891, 13.122209 ] }, { "date": "2024-04-05", "close": 13.558592, "volume": 33093970, "typical_volume": 30267450.3, "trend": 13.542253, "fair_value": 14.71482, "relative_strength": -4.163018, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.662862, "energy": 26.459601, "activity_lines": [ 13.667087, 13.125088, 12.889649, 13.121345 ] }, { "date": "2024-04-12", "close": 12.784096, "volume": 33064296, "typical_volume": 30889724.85, "trend": 13.470032, "fair_value": 14.713108, "relative_strength": -7.910628, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -7.961017, "energy": 18.680227, "activity_lines": [ 13.442908, 13.149865, 12.866214, 13.072431 ] }, { "date": "2024-04-19", "close": 13.735061, "volume": 56205299, "typical_volume": 32580020.6, "trend": 13.41415, "fair_value": 14.71504, "relative_strength": -2.349512, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.722334, "energy": 18.17611, "activity_lines": [ 13.519378, 13.335602, 12.940722, 13.08953 ] }, { "date": "2024-04-26", "close": 14.186032, "volume": 119573215, "typical_volume": 37698906.75, "trend": 13.385719, "fair_value": 14.719924, "relative_strength": 0.140941, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.491225, "energy": 18.957873, "activity_lines": [ 13.701074, 13.543263, 13.059581, 13.139329 ] }, { "date": "2024-05-03", "close": 14.019368, "volume": 29547455, "typical_volume": 38103739.0, "trend": 13.359576, "fair_value": 14.723372, "relative_strength": -1.530081, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.47198, "energy": 18.402486, "activity_lines": [ 13.811529, 13.676237, 13.16182, 13.180209 ] }, { "date": "2024-05-10", "close": 14.12721, "volume": 55239999, "typical_volume": 39813528.85, "trend": 13.340295, "fair_value": 14.727695, "relative_strength": -2.23938, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.668557, "energy": 38.036583, "activity_lines": [ 13.968389, 13.7962, 13.271949, 13.229734 ] }, { "date": "2024-05-17", "close": 14.587986, "volume": 55841996, "typical_volume": 41698674.45, "trend": 13.33572, "fair_value": 14.733992, "relative_strength": 0.935692, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.519989, "energy": 55.091219, "activity_lines": [ 14.240933, 13.97338, 13.423347, 13.31023 ] }, { "date": "2024-05-24", "close": 13.705647, "volume": 59119680, "typical_volume": 43895916.25, "trend": 13.329184, "fair_value": 14.73359, "relative_strength": -3.122569, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.578372, "energy": 49.194752, "activity_lines": [ 14.099105, 13.952881, 13.484457, 13.334097 ] }, { "date": "2024-05-31", "close": 13.862508, "volume": 29533692, "typical_volume": 44623374.0, "trend": 13.32559, "fair_value": 14.738117, "relative_strength": -1.785883, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.065534, "energy": 39.181028, "activity_lines": [ 14.011525, 13.949138, 13.559852, 13.368505 ] }, { "date": "2024-06-07", "close": 13.666432, "volume": 39651534, "typical_volume": 45619234.0, "trend": 13.312518, "fair_value": 14.739854, "relative_strength": -1.883961, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.915727, "energy": 23.034105, "activity_lines": [ 13.880154, 13.911348, 13.612699, 13.390494 ] }, { "date": "2024-06-14", "close": 13.911528, "volume": 31216245, "typical_volume": 46320611.2, "trend": 13.306309, "fair_value": 14.740466, "relative_strength": 0.583922, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.543745, "energy": 17.608855, "activity_lines": [ 13.854011, 13.927391, 13.6845, 13.42914 ] }, { "date": "2024-06-21", "close": 13.68604, "volume": 37490342, "typical_volume": 46800156.0, "trend": 13.284741, "fair_value": 14.743126, "relative_strength": 0.100565, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.97666, "energy": 16.197137, "activity_lines": [ 13.767085, 13.896019, 13.725723, 13.453639 ] }, { "date": "2024-06-28", "close": 13.391928, "volume": 35393751, "typical_volume": 47097796.4, "trend": 13.263499, "fair_value": 14.7401, "relative_strength": -1.008262, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.180737, "energy": 14.601165, "activity_lines": [ 13.64225, 13.794773, 13.731511, 13.460554 ] }, { "date": "2024-07-05", "close": 12.82331, "volume": 17896348, "typical_volume": 45371696.1, "trend": 13.223304, "fair_value": 14.732081, "relative_strength": -4.437992, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.491262, "energy": 11.169722, "activity_lines": [ 13.348791, 13.596381, 13.669047, 13.432155 ] }, { "date": "2024-07-12", "close": 13.074447, "volume": 23211214, "typical_volume": 44367940.55, "trend": 13.208473, "fair_value": 14.725734, "relative_strength": -3.054598, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.602362, "energy": 20.248203, "activity_lines": [ 13.208324, 13.468426, 13.625366, 13.422551 ] }, { "date": "2024-07-19", "close": 12.856374, "volume": 30084499, "typical_volume": 44043065.5, "trend": 13.184412, "fair_value": 14.712533, "relative_strength": -4.798526, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.28201, "energy": 33.2783, "activity_lines": [ 13.034632, 13.318003, 13.556872, 13.399835 ] }, { "date": "2024-07-26", "close": 13.054622, "volume": 25027025, "typical_volume": 43912894.05, "trend": 13.17709, "fair_value": 14.702504, "relative_strength": -0.174047, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.675715, "energy": 35.324538, "activity_lines": [ 12.997366, 13.22673, 13.506354, 13.391462 ] }, { "date": "2024-08-02", "close": 13.768314, "volume": 44385714, "typical_volume": 44155044.5, "trend": 13.183754, "fair_value": 14.70183, "relative_strength": 4.781827, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 14.246957, "energy": 13.03376, "activity_lines": [ 13.240092, 13.2931, 13.521352, 13.429605 ] }, { "date": "2024-08-09", "close": 13.262782, "volume": 32312888, "typical_volume": 42350879.1, "trend": 13.190886, "fair_value": 14.696505, "relative_strength": 2.505071, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 17.967861, "energy": 10.852094, "activity_lines": [ 13.289215, 13.266414, 13.484824, 13.434704 ] }, { "date": "2024-08-16", "close": 12.896024, "volume": 20824300, "typical_volume": 40435673.1, "trend": 13.195925, "fair_value": 14.687453, "relative_strength": -0.800438, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.9695, "energy": 6.711261, "activity_lines": [ 13.186787, 13.18395, 13.416643, 13.415681 ] }, { "date": "2024-08-23", "close": 12.360755, "volume": 20677070, "typical_volume": 39814828.1, "trend": 13.207957, "fair_value": 14.680466, "relative_strength": -3.892679, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -39.021723, "energy": 23.874845, "activity_lines": [ 12.917831, 13.018172, 13.303581, 13.361799 ] }, { "date": "2024-08-30", "close": 12.935674, "volume": 39171158, "typical_volume": 40120171.2, "trend": 13.234904, "fair_value": 14.679944, "relative_strength": 1.110222, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.92276, "energy": 33.74052, "activity_lines": [ 12.873556, 12.98512, 13.250976, 13.344232 ] }, { "date": "2024-09-06", "close": 12.578826, "volume": 20286341, "typical_volume": 38324223.3, "trend": 13.306492, "fair_value": 14.670834, "relative_strength": 1.109804, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.521596, "energy": 56.930099, "activity_lines": [ 12.718261, 12.900829, 13.163664, 13.301904 ] }, { "date": "2024-09-13", "close": 12.410316, "volume": 15535417, "typical_volume": 33122333.4, "trend": 13.328673, "fair_value": 14.658915, "relative_strength": 2.111599, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.802796, "energy": 62.276547, "activity_lines": [ 12.586096, 12.800684, 13.065809, 13.244087 ] }, { "date": "2024-09-20", "close": 12.559002, "volume": 11526695, "typical_volume": 32221295.4, "trend": 13.339797, "fair_value": 14.64517, "relative_strength": 2.255112, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.646019, "energy": 51.753012, "activity_lines": [ 12.560324, 12.735082, 12.990571, 13.19443 ] }, { "date": "2024-09-27", "close": 14.095424, "volume": 33255685, "typical_volume": 31122079.7, "trend": 13.387429, "fair_value": 14.637258, "relative_strength": 1.84118, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.166838, "energy": 9.117158, "activity_lines": [ 13.06916, 12.958201, 13.068612, 13.243181 ] }, { "date": "2024-10-04", "close": 15.274998, "volume": 26465036, "typical_volume": 29653231.7, "trend": 13.478629, "fair_value": 14.647038, "relative_strength": 2.193239, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.181641, "energy": 35.252693, "activity_lines": [ 13.855543, 13.37326, 13.259146, 13.364959 ] }, { "date": "2024-10-11", "close": 15.066837, "volume": 87018952, "typical_volume": 31048195.3, "trend": 13.54557, "fair_value": 14.655174, "relative_strength": 4.541253, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.851481, "energy": 51.156917, "activity_lines": [ 14.416585, 13.710101, 13.426583, 13.467424 ] }, { "date": "2024-10-18", "close": 16.553698, "volume": 74351363, "typical_volume": 33289078.85, "trend": 13.632335, "fair_value": 14.674694, "relative_strength": 13.165349, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.097557, "energy": 87.632639, "activity_lines": [ 15.307379, 14.293671, 13.729144, 13.661497 ] }, { "date": "2024-10-25", "close": 17.921606, "volume": 143535597, "typical_volume": 38483282.0, "trend": 13.757181, "fair_value": 14.703231, "relative_strength": 20.701645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.226219, "energy": 96.101015, "activity_lines": [ 16.377917, 15.066117, 14.149167, 13.938224 ] }, { "date": "2024-11-01", "close": 17.277302, "volume": 98833944, "typical_volume": 41864166.95, "trend": 13.881138, "fair_value": 14.729489, "relative_strength": 17.021297, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.08167, "energy": 91.493861, "activity_lines": [ 16.87618, 15.630042, 14.487565, 14.165329 ] }, { "date": "2024-11-08", "close": 20.072598, "volume": 158928229, "typical_volume": 47936061.3, "trend": 14.124088, "fair_value": 14.77274, "relative_strength": 28.212057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.754145, "energy": 97.475176, "activity_lines": [ 18.094083, 16.612811, 15.076154, 14.564778 ] }, { "date": "2024-11-15", "close": 18.159504, "volume": 89748679, "typical_volume": 50653807.7, "trend": 14.27157, "fair_value": 14.80206, "relative_strength": 19.812905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.765653, "energy": 85.503842, "activity_lines": [ 18.354449, 17.117982, 15.452131, 14.825127 ] }, { "date": "2024-11-22", "close": 19.339081, "volume": 105622561, "typical_volume": 55040118.35, "trend": 14.443338, "fair_value": 14.837459, "relative_strength": 29.406005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.687855, "energy": 67.893658, "activity_lines": [ 18.801828, 17.736156, 15.917746, 15.152063 ] }, { "date": "2024-11-29", "close": 20.023035, "volume": 80710349, "typical_volume": 57915075.1, "trend": 14.64346, "fair_value": 14.874587, "relative_strength": 30.822311, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.642112, "energy": 68.014182, "activity_lines": [ 19.291501, 18.352707, 16.417472, 15.512044 ] }, { "date": "2024-12-06", "close": 19.309341, "volume": 51595777, "typical_volume": 58990639.0, "trend": 14.816198, "fair_value": 14.907386, "relative_strength": 22.746613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.125325, "energy": 59.149711, "activity_lines": [ 19.40318, 18.703785, 16.816139, 15.813068 ] }, { "date": "2024-12-13", "close": 19.8347, "volume": 55718437, "typical_volume": 60525209.6, "trend": 14.991088, "fair_value": 14.928853, "relative_strength": 25.861385, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.953644, "energy": 57.626497, "activity_lines": [ 19.554509, 19.055585, 17.234112, 16.136843 ] }, { "date": "2024-12-20", "close": 19.130919, "volume": 27272005, "typical_volume": 59669524.15, "trend": 15.171931, "fair_value": 14.948836, "relative_strength": 21.7168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.504875, "energy": 50.976996, "activity_lines": [ 19.487105, 19.196521, 17.552772, 16.403929 ] }, { "date": "2024-12-27", "close": 18.863285, "volume": 32185287, "typical_volume": 59663144.1, "trend": 15.338623, "fair_value": 14.96877, "relative_strength": 18.397149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.014791, "energy": 44.348065, "activity_lines": [ 19.265728, 19.214904, 17.820407, 16.64208 ] }, { "date": "2025-01-03", "close": 17.614323, "volume": 51143203, "typical_volume": 61179089.25, "trend": 15.47022, "fair_value": 14.977487, "relative_strength": 16.612395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.648539, "energy": 30.24323, "activity_lines": [ 18.65975, 18.964211, 17.942423, 16.7889 ] }, { "date": "2025-01-10", "close": 17.416075, "volume": 33857206, "typical_volume": 61838096.05, "trend": 15.587038, "fair_value": 14.986538, "relative_strength": 16.365572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.653526, "energy": 21.180544, "activity_lines": [ 18.148271, 18.683059, 18.023091, 16.914439 ] }, { "date": "2025-01-17", "close": 18.853373, "volume": 34043308, "typical_volume": 61581703.55, "trend": 15.759282, "fair_value": 14.999245, "relative_strength": 22.426234, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.851564, "energy": 21.574968, "activity_lines": [ 18.242108, 18.660712, 18.216572, 17.12517 ] }, { "date": "2025-01-24", "close": 18.833548, "volume": 40036796, "typical_volume": 62569226.3, "trend": 15.94067, "fair_value": 15.010774, "relative_strength": 21.129472, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.455392, "energy": 19.940703, "activity_lines": [ 18.394759, 18.656927, 18.379985, 17.32351 ] }, { "date": "2025-01-31", "close": 18.774073, "volume": 4719322, "typical_volume": 62028421.55, "trend": 16.139029, "fair_value": 15.017598, "relative_strength": 20.045384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.862346, "energy": 22.65556, "activity_lines": [ 18.54741, 18.630073, 18.507949, 17.50631 ] }, { "date": "2025-02-07", "close": 19.904085, "volume": 27244225, "typical_volume": 62814298.05, "trend": 16.366683, "fair_value": 15.035249, "relative_strength": 24.132978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.67048, "energy": 40.370189, "activity_lines": [ 19.082679, 18.818949, 18.71323, 17.749217 ] }, { "date": "2025-02-14", "close": 19.011971, "volume": 40575324, "typical_volume": 63180280.0, "trend": 16.57187, "fair_value": 15.054592, "relative_strength": 16.314439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.310472, "energy": 36.663705, "activity_lines": [ 19.167926, 18.847785, 18.798571, 17.919881 ] }, { "date": "2025-02-21", "close": 18.922758, "volume": 37672773, "typical_volume": 63740666.85, "trend": 16.767474, "fair_value": 15.079602, "relative_strength": 13.97173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.848753, "energy": 38.090126, "activity_lines": [ 19.117042, 18.865808, 18.852003, 18.071551 ] }, { "date": "2025-02-28", "close": 18.813721, "volume": 42031683, "typical_volume": 61491303.4, "trend": 16.935654, "fair_value": 15.105518, "relative_strength": 14.637036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.02442, "energy": 33.455871, "activity_lines": [ 19.025186, 18.880586, 18.877681, 18.203567 ] }, { "date": "2025-03-07", "close": 21.539631, "volume": 66096495, "typical_volume": 61078560.0, "trend": 17.211549, "fair_value": 15.150515, "relative_strength": 28.105033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.927821, "energy": 51.441785, "activity_lines": [ 19.843289, 19.396751, 19.145127, 18.500598 ] }, { "date": "2025-03-14", "close": 21.490068, "volume": 67218172, "typical_volume": 57262688.75, "trend": 17.498018, "fair_value": 15.18877, "relative_strength": 25.083456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.107517, "energy": 64.284626, "activity_lines": [ 20.460501, 19.855244, 19.38411, 18.776631 ] }, { "date": "2025-03-21", "close": 20.835852, "volume": 36028864, "typical_volume": 54122434.75, "trend": 17.780521, "fair_value": 15.218013, "relative_strength": 22.490873, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.532549, "energy": 63.58437, "activity_lines": [ 20.753908, 20.124321, 19.543794, 18.991975 ] }, { "date": "2025-03-28", "close": 20.429443, "volume": 29062535, "typical_volume": 47629150.05, "trend": 18.030313, "fair_value": 15.248234, "relative_strength": 19.931849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.171555, "energy": 63.173811, "activity_lines": [ 20.790254, 20.257327, 19.647827, 19.162873 ] }, { "date": "2025-04-04", "close": 19.953648, "volume": 18057729, "typical_volume": 44044602.55, "trend": 18.276141, "fair_value": 15.276826, "relative_strength": 16.778419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.249261, "energy": 41.47383, "activity_lines": [ 20.567556, 20.27517, 19.704847, 19.286959 ] }, { "date": "2025-04-11", "close": 20.25102, "volume": 56175299, "typical_volume": 41572239.45, "trend": 18.537497, "fair_value": 15.30788, "relative_strength": 21.394873, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.197091, "energy": 30.339237, "activity_lines": [ 20.367986, 20.326714, 19.781644, 19.414371 ] }, { "date": "2025-04-18", "close": 18.417225, "volume": 36398551, "typical_volume": 39356649.55, "trend": 18.732771, "fair_value": 15.326066, "relative_strength": 8.642673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.641221, "energy": 12.320427, "activity_lines": [ 19.643059, 20.017988, 19.679452, 19.406612 ] }, { "date": "2025-04-25", "close": 20.617779, "volume": 59980029, "typical_volume": 39775862.15, "trend": 18.950183, "fair_value": 15.360953, "relative_strength": 20.203501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.92035, "energy": 19.158858, "activity_lines": [ 19.856506, 20.136396, 19.794483, 19.528225 ] }, { "date": "2025-05-02", "close": 20.647516, "volume": 16022967, "typical_volume": 37791088.65, "trend": 19.129267, "fair_value": 15.399243, "relative_strength": 20.1744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.845812, "energy": 17.007134, "activity_lines": [ 20.094404, 20.231015, 19.906116, 19.63773 ] }, { "date": "2025-05-09", "close": 23.621233, "volume": 120957442, "typical_volume": 42475360.5, "trend": 19.414414, "fair_value": 15.460609, "relative_strength": 33.62192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.110891, "energy": 46.452049, "activity_lines": [ 21.309002, 20.83495, 20.297089, 19.927535 ] }, { "date": "2025-05-16", "close": 24.989143, "volume": 193271330, "typical_volume": 50529662.65, "trend": 19.695595, "fair_value": 15.529694, "relative_strength": 38.879585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.454631, "energy": 76.948491, "activity_lines": [ 22.735065, 21.600186, 20.796956, 20.287194 ] }, { "date": "2025-05-23", "close": 25.653275, "volume": 166597088, "typical_volume": 56302356.9, "trend": 19.953318, "fair_value": 15.605569, "relative_strength": 41.738597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.440864, "energy": 82.461797, "activity_lines": [ 24.06663, 22.423456, 21.330904, 20.671561 ] }, { "date": "2025-05-30", "close": 25.573975, "volume": 95274028, "typical_volume": 59373198.0, "trend": 20.229873, "fair_value": 15.682541, "relative_strength": 39.771956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.745477, "energy": 83.759788, "activity_lines": [ 24.889359, 23.156613, 21.819019, 21.034184 ] }, { "date": "2025-06-06", "close": 25.93082, "volume": 91921995, "typical_volume": 62267132.35, "trend": 20.425147, "fair_value": 15.761738, "relative_strength": 38.585935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.532453, "energy": 83.99891, "activity_lines": [ 25.500623, 23.868502, 22.302271, 21.401987 ] }, { "date": "2025-06-13", "close": 30.064289, "volume": 127209746, "typical_volume": 66625779.85, "trend": 20.821974, "fair_value": 15.864283, "relative_strength": 58.692142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.247769, "energy": 93.149919, "activity_lines": [ 27.13749, 25.231907, 23.145486, 22.023867 ] }, { "date": "2025-06-20", "close": 28.20076, "volume": 141945920, "typical_volume": 73487109.75, "trend": 21.117363, "fair_value": 15.954449, "relative_strength": 47.675219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.929765, "energy": 77.999847, "activity_lines": [ 27.723643, 26.072658, 23.757741, 22.499918 ] }, { "date": "2025-06-27", "close": 28.379181, "volume": 111573557, "typical_volume": 77703576.35, "trend": 21.395901, "fair_value": 16.042733, "relative_strength": 43.978669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.211756, "energy": 66.835386, "activity_lines": [ 28.155162, 26.801309, 24.3421, 22.968422 ] }, { "date": "2025-07-04", "close": 30.121758, "volume": 117997131, "typical_volume": 81574666.7, "trend": 21.756315, "fair_value": 16.144287, "relative_strength": 48.554966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.072153, "energy": 63.549376, "activity_lines": [ 28.985813, 27.665666, 25.052061, 23.531381 ] }, { "date": "2025-07-11", "close": 29.394371, "volume": 65287002, "typical_volume": 82955378.15, "trend": 22.074971, "fair_value": 16.239449, "relative_strength": 41.551689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.105064, "energy": 57.753427, "activity_lines": [ 29.270816, 28.224971, 25.639844, 24.024159 ] }, { "date": "2025-07-18", "close": 31.237747, "volume": 88767790, "typical_volume": 85292183.5, "trend": 22.478532, "fair_value": 16.344574, "relative_strength": 47.22755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.667176, "energy": 60.141532, "activity_lines": [ 29.939374, 28.960401, 26.353321, 24.615305 ] }, { "date": "2025-07-25", "close": 30.291149, "volume": 69897891, "typical_volume": 85482253.3, "trend": 22.85946, "fair_value": 16.447523, "relative_strength": 38.676849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.255468, "energy": 56.08486, "activity_lines": [ 30.21417, 29.38524, 26.917484, 25.119345 ] }, { "date": "2025-08-01", "close": 29.553799, "volume": 78643626, "typical_volume": 86053526.0, "trend": 23.257443, "fair_value": 16.543583, "relative_strength": 35.059679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.161974, "energy": 49.300172, "activity_lines": [ 30.103822, 29.579616, 27.36975, 25.551238 ] }, { "date": "2025-08-08", "close": 29.643476, "volume": 98168677, "typical_volume": 89160516.65, "trend": 23.665023, "fair_value": 16.634894, "relative_strength": 31.222423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.021996, "energy": 46.715422, "activity_lines": [ 29.945059, 29.719378, 27.792157, 25.96324 ] }, { "date": "2025-08-15", "close": 28.79652, "volume": 80233148, "typical_volume": 91719047.3, "trend": 23.996461, "fair_value": 16.716102, "relative_strength": 24.076343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.568115, "energy": 35.876015, "activity_lines": [ 29.535863, 29.631157, 28.091961, 26.294305 ] }, { "date": "2025-08-22", "close": 28.926056, "volume": 86824763, "typical_volume": 95157399.0, "trend": 24.332878, "fair_value": 16.801255, "relative_strength": 19.252319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.273186, "energy": 29.733629, "activity_lines": [ 29.209702, 29.514385, 28.364258, 26.612343 ] }, { "date": "2025-08-29", "close": 29.294729, "volume": 103847642, "typical_volume": 97541016.15, "trend": 24.683567, "fair_value": 16.889334, "relative_strength": 18.670227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.954963, "energy": 25.954028, "activity_lines": [ 29.160545, 29.485339, 28.628941, 26.932462 ] }, { "date": "2025-09-05", "close": 26.315435, "volume": 80492439, "typical_volume": 99745710.55, "trend": 24.897278, "fair_value": 16.95769, "relative_strength": 7.113247, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.205436, "energy": 15.762426, "activity_lines": [ 28.184718, 28.894712, 28.566817, 27.037744 ] }, { "date": "2025-09-12", "close": 27.501175, "volume": 63958848, "typical_volume": 99944651.5, "trend": 25.180252, "fair_value": 17.036266, "relative_strength": 9.438205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.778574, "energy": 14.215913, "activity_lines": [ 27.820029, 28.557198, 28.58001, 27.205738 ] }, { "date": "2025-09-19", "close": 30.490433, "volume": 95526289, "typical_volume": 103919817.6, "trend": 25.565841, "fair_value": 17.138427, "relative_strength": 21.714771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.033851, "energy": 17.391346, "activity_lines": [ 28.594579, 28.810832, 28.845116, 27.54833 ] }, { "date": "2025-09-26", "close": 30.889, "volume": 131373758, "typical_volume": 104440633.4, "trend": 25.96835, "fair_value": 17.243518, "relative_strength": 21.796132, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.075206, "energy": 29.56986, "activity_lines": [ 29.389057, 29.117005, 29.10131, 27.891759 ] }, { "date": "2025-10-03", "close": 34.296753, "volume": 50468948, "typical_volume": 97300514.3, "trend": 26.393588, "fair_value": 17.369268, "relative_strength": 31.702212, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.0809, "energy": 69.304745, "activity_lines": [ 31.18859, 30.049109, 29.647443, 28.429076 ] }, { "date": "2025-10-10", "close": 34.376469, "volume": 61913615, "typical_volume": 92066340.65, "trend": 26.823134, "fair_value": 17.499207, "relative_strength": 29.983046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.839038, "energy": 79.48016, "activity_lines": [ 32.681227, 30.922879, 30.156846, 28.9441 ] }, { "date": "2025-10-17", "close": 29.563763, "volume": 96257936, "typical_volume": 92115536.05, "trend": 27.114065, "fair_value": 17.599292, "relative_strength": 12.615422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.636912, "energy": 64.870762, "activity_lines": [ 32.032226, 30.833926, 30.166357, 29.120915 ] }, { "date": "2025-10-24", "close": 29.005768, "volume": 65709647, "typical_volume": 90804918.65, "trend": 27.399942, "fair_value": 17.701658, "relative_strength": 6.8233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.442871, "energy": 39.546795, "activity_lines": [ 31.05972, 30.644968, 30.103727, 29.242961 ] }, { "date": "2025-10-31", "close": 28.457737, "volume": 78561989, "typical_volume": 88372530.8, "trend": 27.683412, "fair_value": 17.795401, "relative_strength": 4.128308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.790468, "energy": 12.988396, "activity_lines": [ 30.003516, 30.352564, 29.974261, 29.311205 ] }, { "date": "2025-11-07", "close": 27.202248, "volume": 47931380, "typical_volume": 83671803.8, "trend": 27.915119, "fair_value": 17.878791, "relative_strength": -1.801071, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.957907, "energy": 18.774304, "activity_lines": [ 28.690899, 29.840405, 29.732875, 29.280163 ] }, { "date": "2025-11-14", "close": 27.032856, "volume": 45657010, "typical_volume": 80375976.45, "trend": 28.202307, "fair_value": 17.964335, "relative_strength": -2.597226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.325918, "energy": 29.166194, "activity_lines": [ 27.794785, 29.335492, 29.480111, 29.223242 ] }, { "date": "2025-11-21", "close": 26.076296, "volume": 54168079, "typical_volume": 77184523.85, "trend": 28.384258, "fair_value": 18.031034, "relative_strength": -2.469028, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.835473, "energy": 38.900211, "activity_lines": [ 27.069393, 28.643615, 29.142657, 29.08608 ] }, { "date": "2025-11-28", "close": 26.454933, "volume": 60744894, "typical_volume": 76957418.45, "trend": 28.577838, "fair_value": 18.10041, "relative_strength": -2.629923, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.166484, "energy": 52.156949, "activity_lines": [ 26.70271, 28.046487, 28.860528, 28.961608 ] }, { "date": "2025-12-05", "close": 26.365255, "volume": 42753963, "typical_volume": 74656727.1, "trend": 28.669306, "fair_value": 18.162418, "relative_strength": -3.600725, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.606366, "energy": 52.500717, "activity_lines": [ 26.47619, 27.506428, 28.583855, 28.81886 ] }, { "date": "2025-12-12", "close": 26.843538, "volume": 57334045, "typical_volume": 74028534.8, "trend": 28.731119, "fair_value": 18.224189, "relative_strength": -1.796332, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.184646, "energy": 51.406566, "activity_lines": [ 26.548597, 27.135579, 28.375936, 28.701069 ] }, { "date": "2025-12-19", "close": 27.07, "volume": 83710333, "typical_volume": 74281870.15, "trend": 28.778343, "fair_value": 18.288409, "relative_strength": -1.340906, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.987513, "energy": 37.602996, "activity_lines": [ 26.720405, 26.941418, 28.206001, 28.5939 ] }, { "date": "2025-12-26", "close": 27.52, "volume": 66245943, "typical_volume": 72685733.45, "trend": 28.84321, "fair_value": 18.360063, "relative_strength": -1.927036, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.456213, "energy": 26.725501, "activity_lines": [ 27.039737, 26.96192, 28.090751, 28.512717 ] }, { "date": "2026-01-02", "close": 28.26, "volume": 45256164, "typical_volume": 70936884.25, "trend": 28.92085, "fair_value": 18.440885, "relative_strength": 0.134247, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.071267, "energy": 19.01763, "activity_lines": [ 27.509489, 27.154126, 28.05609, 28.47509 ] }, { "date": "2026-01-09", "close": 32.450001, "volume": 152681140, "typical_volume": 74229703.1, "trend": 29.000374, "fair_value": 18.550809, "relative_strength": 10.042823, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.134637, "energy": 23.850789, "activity_lines": [ 29.25557, 28.121711, 28.423031, 28.702777 ] }, { "date": "2026-01-16", "close": 31.950001, "volume": 152718756, "typical_volume": 76673258.8, "trend": 29.125348, "fair_value": 18.649988, "relative_strength": 8.262159, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 33.508503, "energy": 37.028398, "activity_lines": [ 30.429334, 28.9258, 28.725572, 28.893076 ] }, { "date": "2026-01-23", "close": 32.259998, "volume": 103197743, "typical_volume": 77808524.0, "trend": 29.254709, "fair_value": 18.752151, "relative_strength": 7.828279, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.737778, "energy": 54.502532, "activity_lines": [ 31.366, 29.699929, 29.044992, 29.095311 ] }, { "date": "2026-01-30", "close": 29.030001, "volume": 72111706, "typical_volume": 78216166.9, "trend": 29.218317, "fair_value": 18.837972, "relative_strength": -2.867701, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.167569, "energy": 38.965689, "activity_lines": [ 30.88, 29.791747, 29.028486, 29.080814 ] }, { "date": "2026-02-06", "close": 28.709999, "volume": 58716218, "typical_volume": 76375663.35, "trend": 29.195505, "fair_value": 18.915509, "relative_strength": -2.967704, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.576238, "energy": 18.666632, "activity_lines": [ 30.186666, 29.771679, 28.974224, 29.048019 ] }, { "date": "2026-02-13", "close": 29.280001, "volume": 46613374, "typical_volume": 72137644.15, "trend": 29.130246, "fair_value": 18.993584, "relative_strength": -1.828058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.476679, "energy": 4.813593, "activity_lines": [ 29.653333, 29.814246, 28.982726, 29.053471 ] }, { "date": "2026-02-27", "close": 29.23, "volume": 49483337, "typical_volume": 72088363.6, "trend": 29.094875, "fair_value": 19.074018, "relative_strength": -4.256378, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.81556, "energy": 11.674899, "activity_lines": [ 29.314667, 29.794727, 28.994128, 29.059906 ] }, { "date": "2026-03-06", "close": 28.620001, "volume": 97066415, "typical_volume": 73846003.6, "trend": 29.063748, "fair_value": 19.151851, "relative_strength": -5.690199, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.62323, "energy": 13.984033, "activity_lines": [ 28.954, 29.620909, 28.971562, 29.029269 ] }, { "date": "2026-03-13", "close": 26.48, "volume": 58502032, "typical_volume": 71958208.4, "trend": 28.958299, "fair_value": 19.212538, "relative_strength": -12.147686, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.525156, "energy": 24.008985, "activity_lines": [ 28.122667, 29.029818, 28.772598, 28.862576 ] }, { "date": "2026-03-20", "close": 25.27, "volume": 41782504, "typical_volume": 70761851.25, "trend": 28.840748, "fair_value": 19.263724, "relative_strength": -13.252949, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.57965, "energy": 54.481083, "activity_lines": [ 27.058, 28.237637, 28.473081, 28.624621 ] }, { "date": "2026-03-27", "close": 24.889999, "volume": 53354796, "typical_volume": 69501491.6, "trend": 28.706213, "fair_value": 19.317023, "relative_strength": -13.649251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.207818, "energy": 67.296316, "activity_lines": [ 26.096, 27.430727, 28.155162, 28.369734 ] }, { "date": "2026-04-03", "close": 23.84, "volume": 37857760, "typical_volume": 68997810.6, "trend": 28.524389, "fair_value": 19.365087, "relative_strength": -16.585712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.838495, "energy": 76.105874, "activity_lines": [ 25.076666, 26.570364, 27.754233, 28.055785 ] }, { "date": "2026-04-10", "close": 25.42, "volume": 27759278, "typical_volume": 68102924.0, "trend": 28.494541, "fair_value": 19.422594, "relative_strength": -13.517161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.858949, "energy": 69.591601, "activity_lines": [ 24.943333, 26.144727, 27.519791, 27.855502 ] }, { "date": "2026-04-17", "close": 28.5, "volume": 81322076, "typical_volume": 69460623.85, "trend": 28.527835, "fair_value": 19.503584, "relative_strength": -4.792808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.939208, "energy": 40.564946, "activity_lines": [ 26.05, 26.403455, 27.586362, 27.855854 ] }, { "date": "2026-04-24", "close": 28.799999, "volume": 84869123, "typical_volume": 70666835.3, "trend": 28.471487, "fair_value": 19.582757, "relative_strength": -4.818439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.201755, "energy": 15.582375, "activity_lines": [ 27.122, 26.726363, 27.669963, 27.873413 ] }, { "date": "2026-05-01", "close": 27.459999, "volume": 35094973, "typical_volume": 70283885.8, "trend": 28.357187, "fair_value": 19.658077, "relative_strength": -10.057058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.737745, "energy": 21.18165, "activity_lines": [ 27.511999, 26.804, 27.614779, 27.808156 ] }, { "date": "2026-05-08", "close": 27.65, "volume": 34808173, "typical_volume": 69157592.2, "trend": 28.135629, "fair_value": 19.738666, "relative_strength": -10.976932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.328971, "energy": 23.994259, "activity_lines": [ 27.794, 26.949272, 27.572476, 27.762531 ] }, { "date": "2026-05-15", "close": 25.65, "volume": 76552786, "typical_volume": 68799714.85, "trend": 27.844746, "fair_value": 19.802632, "relative_strength": -16.338886, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.090407, "energy": 20.851666, "activity_lines": [ 27.155333, 26.759636, 27.335857, 27.602168 ] }, { "date": "2026-05-22", "close": 24.65, "volume": 47367218, "typical_volume": 67855778.6, "trend": 27.680954, "fair_value": 19.863305, "relative_strength": -18.860461, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.699498, "energy": 39.382142, "activity_lines": [ 26.168, 26.442182, 27.010762, 27.396055 ] }, { "date": "2026-05-29", "close": 23.879999, "volume": 40270174, "typical_volume": 67606479.1, "trend": 27.510095, "fair_value": 19.92091, "relative_strength": -20.16612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.905164, "energy": 62.888547, "activity_lines": [ 25.180666, 26.018, 26.626, 27.150832 ] }, { "date": "2026-06-05", "close": 21.990662, "volume": 7511687, "typical_volume": 60348006.45, "trend": 27.294526, "fair_value": 19.959052, "relative_strength": -25.311212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.089285, "energy": 81.652294, "activity_lines": [ 23.891554, 25.275575, 26.082158, 26.79474 ] }, { "date": "2026-06-12", "close": 21.385052, "volume": 15224600, "typical_volume": 53473298.65, "trend": 27.10062, "fair_value": 19.995741, "relative_strength": -26.983737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.729324, "energy": 87.520292, "activity_lines": [ 22.765194, 24.475754, 25.530446, 26.413483 ] }, { "date": "2026-06-19", "close": 22.080015, "volume": 35409731, "typical_volume": 50083898.05, "trend": 26.935525, "fair_value": 20.037696, "relative_strength": -25.001887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.505317, "energy": 84.406349, "activity_lines": [ 22.288151, 23.846925, 25.095229, 26.089573 ] }, { "date": "2026-06-26", "close": 19.826344, "volume": 13450333, "typical_volume": 47150829.4, "trend": 26.727193, "fair_value": 20.069815, "relative_strength": -30.959565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.553154, "energy": 91.67629, "activity_lines": [ 21.297884, 22.869066, 24.493854, 25.630916 ] }, { "date": "2026-07-03", "close": 22.41757, "volume": 16455798, "typical_volume": 45037808.4, "trend": 26.592614, "fair_value": 20.117423, "relative_strength": -21.672817, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.122854, "energy": 76.810059, "activity_lines": [ 21.492936, 22.520041, 24.183089, 25.352876 ] }, { "date": "2026-07-10", "close": 21.309999, "volume": 98605851, "typical_volume": 47637432.25, "trend": 26.424106, "fair_value": 20.15413, "relative_strength": -23.967565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.823724, "energy": 56.714468, "activity_lines": [ 21.416293, 22.085684, 23.796805, 25.012062 ] }, { "date": "2026-07-17", "close": 22.709999, "volume": 74192962, "typical_volume": 48872913.5, "trend": 26.286321, "fair_value": 20.198752, "relative_strength": -13.422585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.740724, "energy": 48.131772, "activity_lines": [ 21.851694, 22.01769, 23.581806, 24.772442 ] }, { "date": "2026-07-24", "close": 24.17, "volume": 77923543, "typical_volume": 47915769.9, "trend": 26.189655, "fair_value": 20.253917, "relative_strength": -8.433541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.235188, "energy": 28.534202, "activity_lines": [ 22.685432, 22.304969, 23.536903, 24.635906 ] }, { "date": "2026-07-31", "close": 24.200001, "volume": 64750989, "typical_volume": 48228217.75, "trend": 26.078988, "fair_value": 20.310442, "relative_strength": -8.212771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.439356, "energy": 22.26633, "activity_lines": [ 23.389838, 22.624612, 23.516048, 24.507541 ] }, { "date": "2026-08-07", "close": 25.219999, "volume": 53920364, "typical_volume": 48835110.75, "trend": 25.977655, "fair_value": 20.374888, "relative_strength": -6.463645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.142344, "energy": 21.146296, "activity_lines": [ 24.142666, 23.137891, 23.603192, 24.452122 ] } ], "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." } } }