{ "ticker": { "uuid": "c2ab6837-a609-469e-be21-bab571f6f358", "symbol": "600312", "name": "Henan Pinggao Electric 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": 57.463, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -20.677, "architecture_energy": 20.743, "architecture_maturity": 63.173, "architecture_confidence": 55.569, "architecture_tenure": "New", "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": 45.93, "rotation_up": 36.06, "upward_expansion": 21.0, "deceleration": 44.11, "rotation_down": 22.82, "downward_expansion": 57.33 }, "activity_lines": [ 19.327333, 18.662651, 19.216433, 19.803558 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 20.469999, "trend_reference": 20.425744, "distance_from_trend": 0.002167, "trend_direction": "Improving", "fair_value": 16.384621, "distance_from_fair_value": 0.249342, "fair_value_direction": "Weakening", "relative_strength": 9.35975, "relative_strength_direction": "Weakening", "price_momentum": -0.033522, "excess_performance": 0.009682, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.002167, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012961, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.249342, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.114354, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.093597, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.005081, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.033522, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.257835, "read": "Demand-led" } ], "volume": { "latest": 179827524, "relative_activity": 1.639084, "balance": 1.257835, "dry_up": 1.463343, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.082882, "annualized_volatility": 0.39303, "from_high_reference": -0.201949, "from_low_reference": 0.38673 }, "levels": { "trend_reference": 20.425744, "fair_value_reference": 16.384621, "structural_low": 16.01, "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": 11, "median_return": 0.067069, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": 0.01759, "regime_survival": 0.636364, "best_return": 0.267518, "worst_return": -0.153846, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.034991, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.015944, "regime_survival": 0.0, "best_return": 0.354749, "worst_return": -0.029046, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.053198, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.055547, "regime_survival": 0.0, "best_return": 0.671628, "worst_return": -0.134241, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.417988, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.346176, "regime_survival": 0.0, "best_return": 0.517874, "worst_return": 0.318102, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-30", "end": "2024-10-04", "tenure": "Developing", "return": 0.139826, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-15", "tenure": "Developing", "return": -0.100106, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-02-07", "tenure": "Developing", "return": -0.022902, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": 0.052756, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": -0.051252, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2025-08-08", "tenure": "Developing", "return": 0.049065, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-10-10", "tenure": "Developing", "return": 0.11195, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": 0.082771, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": -0.127507, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": -0.028307, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-04-03", "tenure": "Established", "return": 0.106111, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-06-12", "tenure": "Developing", "return": -0.117553, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": -0.110788, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.127824, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.922598, "volume": 80094937, "typical_volume": 124596002.4, "trend": 9.942758, "fair_value": 7.690831, "relative_strength": 19.180412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.579384, "energy": 28.374424, "activity_lines": [ 11.332036, 11.40253, 11.094558, 10.635779 ] }, { "date": "2023-08-04", "close": 11.456692, "volume": 65284179, "typical_volume": 123671176.2, "trend": 10.072023, "fair_value": 7.715489, "relative_strength": 23.703492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.608921, "energy": 25.611188, "activity_lines": [ 11.325469, 11.425253, 11.168465, 10.733452 ] }, { "date": "2023-08-11", "close": 11.100474, "volume": 41087872, "typical_volume": 116940427.2, "trend": 10.174083, "fair_value": 7.737315, "relative_strength": 22.772186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.773016, "energy": 18.603958, "activity_lines": [ 11.227792, 11.367227, 11.198557, 10.799804 ] }, { "date": "2023-08-18", "close": 10.176238, "volume": 107346223, "typical_volume": 118242814.6, "trend": 10.240546, "fair_value": 7.751872, "relative_strength": 13.970291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.338289, "energy": 13.288443, "activity_lines": [ 10.853614, 11.142279, 11.133301, 10.799943 ] }, { "date": "2023-08-25", "close": 9.97406, "volume": 49165374, "typical_volume": 117068908.05, "trend": 10.292923, "fair_value": 7.767332, "relative_strength": 13.604123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.392281, "energy": 17.768773, "activity_lines": [ 10.514177, 10.893967, 11.044177, 10.78275 ] }, { "date": "2023-09-01", "close": 10.1281, "volume": 54395667, "typical_volume": 115826832.05, "trend": 10.359697, "fair_value": 7.783352, "relative_strength": 12.336696, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.322284, "energy": 29.679058, "activity_lines": [ 10.314873, 10.706935, 10.966074, 10.772117 ] }, { "date": "2023-09-08", "close": 10.426551, "volume": 50617652, "typical_volume": 106444945.45, "trend": 10.42109, "fair_value": 7.802018, "relative_strength": 15.603972, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.420888, "energy": 34.025787, "activity_lines": [ 10.268019, 10.598717, 10.913699, 10.77643 ] }, { "date": "2023-09-15", "close": 10.551709, "volume": 75863463, "typical_volume": 96154634.05, "trend": 10.492722, "fair_value": 7.821974, "relative_strength": 16.116772, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.1607, "energy": 36.806482, "activity_lines": [ 10.33156, 10.53952, 10.869994, 10.784857 ] }, { "date": "2023-09-22", "close": 10.445807, "volume": 41223872, "typical_volume": 93648260.25, "trend": 10.553798, "fair_value": 7.842656, "relative_strength": 13.640647, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.17437, "energy": 17.51442, "activity_lines": [ 10.396386, 10.479657, 10.818335, 10.78183 ] }, { "date": "2023-09-29", "close": 10.590219, "volume": 40677640, "typical_volume": 86312562.85, "trend": 10.592222, "fair_value": 7.865911, "relative_strength": 15.063723, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.557594, "energy": 9.772596, "activity_lines": [ 10.491377, 10.469004, 10.783703, 10.78418 ] }, { "date": "2023-10-13", "close": 10.416924, "volume": 59587053, "typical_volume": 81911528.35, "trend": 10.62934, "fair_value": 7.886652, "relative_strength": 13.124329, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.537849, "energy": 8.903596, "activity_lines": [ 10.487526, 10.439855, 10.733328, 10.77287 ] }, { "date": "2023-10-20", "close": 10.234002, "volume": 57285229, "typical_volume": 80508623.75, "trend": 10.657806, "fair_value": 7.908662, "relative_strength": 14.097996, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.392557, "energy": 13.455514, "activity_lines": [ 10.403446, 10.386641, 10.667119, 10.747365 ] }, { "date": "2023-10-27", "close": 10.455435, "volume": 62210830, "typical_volume": 76876478.05, "trend": 10.687585, "fair_value": 7.932458, "relative_strength": 14.345389, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.073257, "energy": 11.705597, "activity_lines": [ 10.406013, 10.395919, 10.623636, 10.734308 ] }, { "date": "2023-11-03", "close": 10.262884, "volume": 54425342, "typical_volume": 75745326.0, "trend": 10.722763, "fair_value": 7.953921, "relative_strength": 10.995731, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.075635, "energy": 34.849158, "activity_lines": [ 10.350816, 10.381915, 10.565179, 10.706908 ] }, { "date": "2023-11-10", "close": 10.455435, "volume": 48389661, "typical_volume": 71862088.6, "trend": 10.764359, "fair_value": 7.976069, "relative_strength": 12.001502, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.556296, "energy": 29.312283, "activity_lines": [ 10.371996, 10.401345, 10.528156, 10.689661 ] }, { "date": "2023-11-17", "close": 10.792396, "volume": 51617975, "typical_volume": 70397123.5, "trend": 10.80537, "fair_value": 8.001537, "relative_strength": 14.425915, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.069037, "energy": 13.280018, "activity_lines": [ 10.514483, 10.473289, 10.529647, 10.69147 ] }, { "date": "2023-11-24", "close": 11.360416, "volume": 82667368, "typical_volume": 68144383.5, "trend": 10.859247, "fair_value": 8.033759, "relative_strength": 20.164397, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.8428, "energy": 13.599846, "activity_lines": [ 10.821278, 10.636431, 10.588502, 10.72728 ] }, { "date": "2023-12-01", "close": 11.418182, "volume": 61570453, "typical_volume": 65610087.45, "trend": 10.873211, "fair_value": 8.065558, "relative_strength": 20.40199, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.79562, "energy": 38.76704, "activity_lines": [ 11.072234, 10.793096, 10.65529, 10.76334 ] }, { "date": "2023-12-08", "close": 11.389298, "volume": 51733558, "typical_volume": 62728353.35, "trend": 10.881742, "fair_value": 8.09821, "relative_strength": 21.753411, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.719739, "energy": 50.957958, "activity_lines": [ 11.24938, 10.928756, 10.720069, 10.796636 ] }, { "date": "2023-12-15", "close": 11.658867, "volume": 49295196, "typical_volume": 59226977.2, "trend": 10.912033, "fair_value": 8.131247, "relative_strength": 24.726723, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.66172, "energy": 60.307476, "activity_lines": [ 11.441287, 11.096273, 10.812041, 10.846773 ] }, { "date": "2023-12-22", "close": 11.19675, "volume": 64148515, "typical_volume": 58429656.1, "trend": 10.92692, "fair_value": 8.160344, "relative_strength": 19.925305, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.163922, "energy": 50.864885, "activity_lines": [ 11.398926, 11.16034, 10.858321, 10.865142 ] }, { "date": "2023-12-29", "close": 12.21726, "volume": 63430264, "typical_volume": 58336960.35, "trend": 10.981573, "fair_value": 8.197083, "relative_strength": 26.939858, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.546932, "energy": 62.585439, "activity_lines": [ 11.669779, 11.395775, 11.000486, 10.94839 ] }, { "date": "2024-01-05", "close": 12.400184, "volume": 64445103, "typical_volume": 59504821.9, "trend": 11.022841, "fair_value": 8.233895, "relative_strength": 29.428121, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.28822, "energy": 76.05233, "activity_lines": [ 11.944483, 11.62841, 11.156452, 11.039913 ] }, { "date": "2024-01-12", "close": 12.400184, "volume": 60401346, "typical_volume": 57157578.05, "trend": 11.072414, "fair_value": 8.270218, "relative_strength": 30.132956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.472966, "energy": 77.174043, "activity_lines": [ 12.15372, 11.825686, 11.306228, 11.128774 ] }, { "date": "2024-01-19", "close": 11.91881, "volume": 73033188, "typical_volume": 58350968.75, "trend": 11.076238, "fair_value": 8.299854, "relative_strength": 26.057139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.3694, "energy": 70.705137, "activity_lines": [ 12.135107, 11.896579, 11.399568, 11.18338 ] }, { "date": "2024-01-26", "close": 12.21726, "volume": 88192821, "typical_volume": 60040826.45, "trend": 11.10087, "fair_value": 8.334577, "relative_strength": 24.57794, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.238473, "energy": 56.153307, "activity_lines": [ 12.198648, 11.995129, 11.512072, 11.256994 ] }, { "date": "2024-02-02", "close": 11.504829, "volume": 93492075, "typical_volume": 62184547.6, "trend": 11.08866, "fair_value": 8.365894, "relative_strength": 23.891231, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.682145, "energy": 36.259983, "activity_lines": [ 11.956678, 11.93824, 11.546777, 11.283056 ] }, { "date": "2024-02-09", "close": 12.756401, "volume": 108604479, "typical_volume": 63821598.4, "trend": 11.128069, "fair_value": 8.404684, "relative_strength": 29.426832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.922231, "energy": 38.475342, "activity_lines": [ 12.179394, 12.106283, 11.695544, 11.390652 ] }, { "date": "2024-02-23", "close": 13.122244, "volume": 93059960, "typical_volume": 66413402.8, "trend": 11.175202, "fair_value": 8.44643, "relative_strength": 25.761403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.807739, "energy": 45.785786, "activity_lines": [ 12.500309, 12.316512, 11.868655, 11.519309 ] }, { "date": "2024-03-01", "close": 13.796166, "volume": 118564873, "typical_volume": 70307764.45, "trend": 11.258213, "fair_value": 8.495792, "relative_strength": 29.849844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.2251, "energy": 56.036426, "activity_lines": [ 12.997728, 12.617764, 12.093205, 11.688403 ] }, { "date": "2024-03-08", "close": 13.988716, "volume": 118419372, "typical_volume": 73249380.4, "trend": 11.360416, "fair_value": 8.547793, "relative_strength": 29.45354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.435672, "energy": 79.363547, "activity_lines": [ 13.434174, 12.915166, 12.320825, 11.864565 ] }, { "date": "2024-03-15", "close": 13.844305, "volume": 90503331, "typical_volume": 74910285.5, "trend": 11.440004, "fair_value": 8.598441, "relative_strength": 26.591357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.41176, "energy": 77.830952, "activity_lines": [ 13.704385, 13.135547, 12.517684, 12.024816 ] }, { "date": "2024-03-22", "close": 13.796166, "volume": 81522668, "typical_volume": 75875877.4, "trend": 11.52986, "fair_value": 8.647133, "relative_strength": 25.316439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.640761, "energy": 72.682473, "activity_lines": [ 13.802585, 13.317594, 12.692767, 12.176826 ] }, { "date": "2024-03-29", "close": 13.834677, "volume": 64194496, "typical_volume": 76364335.1, "trend": 11.651808, "fair_value": 8.696986, "relative_strength": 24.844278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.124907, "energy": 57.165518, "activity_lines": [ 13.844304, 13.481261, 12.855609, 12.325524 ] }, { "date": "2024-04-05", "close": 13.449579, "volume": 50929905, "typical_volume": 76491347.3, "trend": 11.767659, "fair_value": 8.742235, "relative_strength": 19.34113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.43014, "energy": 45.733526, "activity_lines": [ 13.710162, 13.548829, 12.964766, 12.441509 ] }, { "date": "2024-04-12", "close": 14.835934, "volume": 156896978, "typical_volume": 81755297.45, "trend": 11.924586, "fair_value": 8.795576, "relative_strength": 32.358857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.655493, "energy": 52.396361, "activity_lines": [ 14.061244, 13.840628, 13.191699, 12.639462 ] }, { "date": "2024-04-19", "close": 15.769798, "volume": 151874824, "typical_volume": 85215670.25, "trend": 12.102695, "fair_value": 8.853255, "relative_strength": 36.902491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.725226, "energy": 60.333439, "activity_lines": [ 14.667132, 14.25461, 13.488317, 12.887541 ] }, { "date": "2024-04-26", "close": 14.421952, "volume": 142659909, "typical_volume": 89270143.05, "trend": 12.231703, "fair_value": 8.903088, "relative_strength": 23.116749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.713795, "energy": 49.554426, "activity_lines": [ 14.695373, 14.345983, 13.635571, 13.03717 ] }, { "date": "2024-05-03", "close": 14.258286, "volume": 40958791, "typical_volume": 88731404.7, "trend": 12.358785, "fair_value": 8.953399, "relative_strength": 20.085902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.83661, "energy": 51.517395, "activity_lines": [ 14.627339, 14.377316, 13.752935, 13.167917 ] }, { "date": "2024-05-10", "close": 14.864815, "volume": 181734166, "typical_volume": 95353353.2, "trend": 12.501272, "fair_value": 9.008085, "relative_strength": 22.357965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.714789, "energy": 48.203329, "activity_lines": [ 14.73324, 14.498272, 13.914401, 13.329597 ] }, { "date": "2024-05-17", "close": 13.67101, "volume": 148957465, "typical_volume": 99593800.7, "trend": 12.609741, "fair_value": 9.055302, "relative_strength": 11.993109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.410698, "energy": 29.086782, "activity_lines": [ 14.346858, 14.382742, 13.946906, 13.405064 ] }, { "date": "2024-05-24", "close": 13.844305, "volume": 126437872, "typical_volume": 102744181.1, "trend": 12.730085, "fair_value": 9.106927, "relative_strength": 15.120385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.364381, "energy": 20.966187, "activity_lines": [ 14.095902, 14.304497, 13.984132, 13.484713 ] }, { "date": "2024-05-31", "close": 13.651755, "volume": 133217646, "typical_volume": 106182808.25, "trend": 12.836629, "fair_value": 9.158417, "relative_strength": 12.95408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.851554, "energy": 18.30999, "activity_lines": [ 13.909129, 14.191243, 13.995272, 13.544176 ] }, { "date": "2024-06-07", "close": 15.596504, "volume": 305182221, "typical_volume": 118421852.0, "trend": 13.014416, "fair_value": 9.221701, "relative_strength": 29.391779, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.136885, "energy": 26.480114, "activity_lines": [ 14.421953, 14.434206, 14.185667, 13.722232 ] }, { "date": "2024-06-14", "close": 16.212662, "volume": 173190633, "typical_volume": 123429724.25, "trend": 13.206324, "fair_value": 9.288508, "relative_strength": 34.096516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.655196, "energy": 44.289754, "activity_lines": [ 15.050947, 14.757164, 14.419523, 13.92857 ] }, { "date": "2024-06-21", "close": 17.290939, "volume": 203560723, "typical_volume": 129198119.35, "trend": 13.422942, "fair_value": 9.362471, "relative_strength": 43.011744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.512062, "energy": 73.411578, "activity_lines": [ 15.949511, 15.225934, 14.735625, 14.192094 ] }, { "date": "2024-06-28", "close": 18.725433, "volume": 162905586, "typical_volume": 132668794.9, "trend": 13.668442, "fair_value": 9.445935, "relative_strength": 54.488198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.187046, "energy": 87.638005, "activity_lines": [ 17.084911, 15.910885, 15.164185, 14.53419 ] }, { "date": "2024-07-05", "close": 18.62916, "volume": 165151898, "typical_volume": 135496165.85, "trend": 13.908808, "fair_value": 9.529148, "relative_strength": 52.645231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.329067, "energy": 87.704931, "activity_lines": [ 17.862812, 16.524593, 15.549192, 14.854237 ] }, { "date": "2024-07-12", "close": 19.591906, "volume": 149014856, "typical_volume": 138293910.65, "trend": 14.182229, "fair_value": 9.618715, "relative_strength": 57.269649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.793733, "energy": 92.027711, "activity_lines": [ 18.629801, 17.236851, 15.997924, 15.220888 ] }, { "date": "2024-07-19", "close": 19.258556, "volume": 141800404, "typical_volume": 139455687.2, "trend": 14.435552, "fair_value": 9.707306, "relative_strength": 52.0444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.552692, "energy": 88.2071, "activity_lines": [ 19.019313, 17.791525, 16.384101, 15.548393 ] }, { "date": "2024-07-26", "close": 19.200165, "volume": 126590124, "typical_volume": 139864224.8, "trend": 14.702332, "fair_value": 9.794118, "relative_strength": 54.263396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.510997, "energy": 80.2143, "activity_lines": [ 19.186301, 18.255696, 16.738705, 15.855787 ] }, { "date": "2024-08-02", "close": 19.472647, "volume": 93679814, "typical_volume": 140023048.95, "trend": 14.944178, "fair_value": 9.883654, "relative_strength": 53.526307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.764498, "energy": 62.579467, "activity_lines": [ 19.316836, 18.66888, 17.094443, 16.16355 ] }, { "date": "2024-08-09", "close": 19.005537, "volume": 85631273, "typical_volume": 140228479.2, "trend": 15.164357, "fair_value": 9.970439, "relative_strength": 49.918924, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.577122, "energy": 56.334137, "activity_lines": [ 19.241852, 18.8948, 17.378893, 16.425573 ] }, { "date": "2024-08-16", "close": 18.197826, "volume": 63832160, "typical_volume": 140210362.4, "trend": 15.357611, "fair_value": 10.052658, "relative_strength": 40.95292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.430782, "energy": 44.188818, "activity_lines": [ 18.87254, 18.876523, 17.561611, 16.621281 ] }, { "date": "2024-08-23", "close": 18.23675, "volume": 58829285, "typical_volume": 140605331.4, "trend": 15.568209, "fair_value": 10.134515, "relative_strength": 40.739007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.771163, "energy": 36.276877, "activity_lines": [ 18.609142, 18.818026, 17.72726, 16.807031 ] }, { "date": "2024-08-30", "close": 17.886417, "volume": 66202851, "typical_volume": 136070625.05, "trend": 15.757181, "fair_value": 10.209365, "relative_strength": 36.860851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.81504, "energy": 26.305525, "activity_lines": [ 18.297086, 18.659031, 17.836748, 16.956593 ] }, { "date": "2024-09-06", "close": 17.36092, "volume": 84373798, "typical_volume": 132695573.75, "trend": 15.952384, "fair_value": 10.280133, "relative_strength": 34.80604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.076706, "energy": 23.631458, "activity_lines": [ 17.897447, 18.393663, 17.881662, 17.06006 ] }, { "date": "2024-09-13", "close": 18.003197, "volume": 68017684, "typical_volume": 128963462.5, "trend": 16.127278, "fair_value": 10.351892, "relative_strength": 40.989306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.089467, "energy": 20.966517, "activity_lines": [ 17.852683, 18.269883, 17.980169, 17.192371 ] }, { "date": "2024-09-20", "close": 18.4995, "volume": 39410031, "typical_volume": 128886024.5, "trend": 16.306519, "fair_value": 10.42904, "relative_strength": 41.180796, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.564446, "energy": 20.289174, "activity_lines": [ 18.040175, 18.247721, 18.108889, 17.345417 ] }, { "date": "2024-09-27", "close": 19.16124, "volume": 102610687, "typical_volume": 124929850.55, "trend": 16.485355, "fair_value": 10.508161, "relative_strength": 28.167879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.853016, "energy": 31.772418, "activity_lines": [ 18.428137, 18.365737, 18.280435, 17.529593 ] }, { "date": "2024-10-04", "close": 20.387403, "volume": 48465501, "typical_volume": 119905252.35, "trend": 16.698645, "fair_value": 10.590177, "relative_strength": 24.817759, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.145627, "energy": 56.066628, "activity_lines": [ 19.163186, 18.708461, 18.5483, 17.781338 ] }, { "date": "2024-10-11", "close": 20.153847, "volume": 161361918, "typical_volume": 121651454.65, "trend": 16.908963, "fair_value": 10.669101, "relative_strength": 26.521029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.058559, "energy": 66.255568, "activity_lines": [ 19.653651, 18.987135, 18.761939, 18.004254 ] }, { "date": "2024-10-18", "close": 19.589422, "volume": 187079689, "typical_volume": 124344556.8, "trend": 17.102071, "fair_value": 10.741221, "relative_strength": 20.096939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.214284, "energy": 62.198866, "activity_lines": [ 19.769779, 19.1508, 18.891777, 18.177187 ] }, { "date": "2024-10-25", "close": 17.773598, "volume": 154565201, "typical_volume": 116813705.8, "trend": 17.233369, "fair_value": 10.798451, "relative_strength": 6.901339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.936137, "energy": 33.560318, "activity_lines": [ 19.174884, 18.973699, 18.820406, 18.220511 ] }, { "date": "2024-11-01", "close": 18.097111, "volume": 132156223, "typical_volume": 114761985.3, "trend": 17.388286, "fair_value": 10.853096, "relative_strength": 8.909274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.846105, "energy": 16.32935, "activity_lines": [ 18.736221, 18.863132, 18.769477, 18.276237 ] }, { "date": "2024-11-08", "close": 19.097059, "volume": 138709994, "typical_volume": 111519448.85, "trend": 17.530324, "fair_value": 10.918565, "relative_strength": 8.047549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.269724, "energy": 17.559465, "activity_lines": [ 18.701815, 18.936913, 18.804809, 18.38648 ] }, { "date": "2024-11-15", "close": 18.136324, "volume": 137977487, "typical_volume": 110273043.9, "trend": 17.609208, "fair_value": 10.988174, "relative_strength": 5.562313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.709866, "energy": 16.328443, "activity_lines": [ 18.433187, 18.814003, 18.740041, 18.425577 ] }, { "date": "2024-11-22", "close": 17.175591, "volume": 81386403, "typical_volume": 106084769.15, "trend": 17.700996, "fair_value": 11.044819, "relative_strength": 1.263718, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.095958, "energy": 13.637541, "activity_lines": [ 17.978817, 18.502315, 18.58658, 18.397601 ] }, { "date": "2024-11-29", "close": 17.136375, "volume": 68649494, "typical_volume": 102066501.05, "trend": 17.796932, "fair_value": 11.100601, "relative_strength": -1.285195, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.747978, "energy": 26.955257, "activity_lines": [ 17.672296, 18.198546, 18.436306, 18.361174 ] }, { "date": "2024-12-06", "close": 18.067701, "volume": 86446113, "typical_volume": 99298786.5, "trend": 17.903695, "fair_value": 11.169157, "relative_strength": 1.132104, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.518544, "energy": 22.437275, "activity_lines": [ 17.718699, 18.088892, 18.386423, 18.378643 ] }, { "date": "2024-12-13", "close": 17.646154, "volume": 96159077, "typical_volume": 97777234.15, "trend": 18.0362, "fair_value": 11.234336, "relative_strength": -1.366353, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.739712, "energy": 31.21758, "activity_lines": [ 17.626547, 17.922476, 18.302064, 18.362028 ] }, { "date": "2024-12-20", "close": 18.69512, "volume": 106444210, "typical_volume": 98415453.95, "trend": 18.197894, "fair_value": 11.302684, "relative_strength": 4.629569, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.156437, "energy": 10.60395, "activity_lines": [ 17.980777, 17.996621, 18.325005, 18.404539 ] }, { "date": "2024-12-27", "close": 19.24411, "volume": 94158185, "typical_volume": 98841799.55, "trend": 18.384306, "fair_value": 11.372345, "relative_strength": 5.987486, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.394761, "energy": 10.313044, "activity_lines": [ 18.480751, 18.197106, 18.403934, 18.472036 ] }, { "date": "2025-01-03", "close": 17.606939, "volume": 63674641, "typical_volume": 98833923.6, "trend": 18.45132, "fair_value": 11.431204, "relative_strength": 2.162785, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.180963, "energy": 16.864442, "activity_lines": [ 18.2971, 18.106201, 18.325806, 18.421884 ] }, { "date": "2025-01-10", "close": 16.675613, "volume": 64335225, "typical_volume": 99109220.6, "trend": 18.466752, "fair_value": 11.489916, "relative_strength": -2.291402, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.86426, "energy": 24.18813, "activity_lines": [ 17.771636, 17.848995, 18.161794, 18.307322 ] }, { "date": "2025-01-17", "close": 17.763796, "volume": 92400480, "typical_volume": 100419102.05, "trend": 18.482514, "fair_value": 11.54549, "relative_strength": 1.305649, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.330636, "energy": 28.492348, "activity_lines": [ 17.701706, 17.815485, 18.108853, 18.26197 ] }, { "date": "2025-01-24", "close": 17.767101, "volume": 47249174, "typical_volume": 98562870.85, "trend": 18.450569, "fair_value": 11.601698, "relative_strength": 0.539593, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.308361, "energy": 40.521898, "activity_lines": [ 17.625034, 17.806818, 18.05681, 18.215814 ] }, { "date": "2025-01-31", "close": 17.629217, "volume": 9039601, "typical_volume": 95613966.7, "trend": 18.417238, "fair_value": 11.658984, "relative_strength": -0.609583, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.348502, "energy": 40.762351, "activity_lines": [ 17.564269, 17.779793, 17.989701, 18.162824 ] }, { "date": "2025-02-07", "close": 16.782228, "volume": 60209576, "typical_volume": 96653943.95, "trend": 18.323582, "fair_value": 11.714395, "relative_strength": -7.187768, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.242997, "energy": 42.035618, "activity_lines": [ 17.328834, 17.590524, 17.843708, 18.057339 ] }, { "date": "2025-02-14", "close": 16.614799, "volume": 125994106, "typical_volume": 97823114.9, "trend": 18.235457, "fair_value": 11.763339, "relative_strength": -9.459198, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.977881, "energy": 49.8783, "activity_lines": [ 17.09257, 17.377251, 17.689946, 17.947095 ] }, { "date": "2025-02-21", "close": 16.014027, "volume": 90246869, "typical_volume": 99912183.3, "trend": 18.129252, "fair_value": 11.809474, "relative_strength": -13.682169, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.811182, "energy": 64.779801, "activity_lines": [ 16.660103, 17.081164, 17.491094, 17.803777 ] }, { "date": "2025-02-28", "close": 15.373859, "volume": 107359147, "typical_volume": 97212044.75, "trend": 17.992626, "fair_value": 11.856961, "relative_strength": -15.70127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.01868, "energy": 75.348274, "activity_lines": [ 16.130898, 16.698357, 17.252099, 17.62601 ] }, { "date": "2025-03-07", "close": 15.610229, "volume": 79041175, "typical_volume": 91810119.05, "trend": 17.879449, "fair_value": 11.90394, "relative_strength": -15.726708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.53488, "energy": 76.752101, "activity_lines": [ 15.840033, 16.418913, 17.058377, 17.472307 ] }, { "date": "2025-03-14", "close": 16.112514, "volume": 96284454, "typical_volume": 88896081.7, "trend": 17.809939, "fair_value": 11.955181, "relative_strength": -14.26497, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.046196, "energy": 72.461788, "activity_lines": [ 15.851194, 16.296865, 16.93144, 17.358311 ] }, { "date": "2025-03-21", "close": 16.171606, "volume": 84192560, "typical_volume": 86497898.55, "trend": 17.741101, "fair_value": 12.007843, "relative_strength": -12.636435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.551554, "energy": 63.019422, "activity_lines": [ 15.926701, 16.212732, 16.818042, 17.252612 ] }, { "date": "2025-03-28", "close": 17.511032, "volume": 164144843, "typical_volume": 87769641.0, "trend": 17.728588, "fair_value": 12.069766, "relative_strength": -5.242645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.98651, "energy": 24.977708, "activity_lines": [ 16.47823, 16.381294, 16.841376, 17.237769 ] }, { "date": "2025-04-04", "close": 17.195873, "volume": 77083724, "typical_volume": 84724952.85, "trend": 17.723086, "fair_value": 12.131691, "relative_strength": -6.93692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.550551, "energy": 22.569568, "activity_lines": [ 16.824905, 16.497151, 16.842248, 17.2034 ] }, { "date": "2025-04-11", "close": 17.491335, "volume": 218340655, "typical_volume": 91572665.45, "trend": 17.706024, "fair_value": 12.199127, "relative_strength": -2.469677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.008904, "energy": 19.912152, "activity_lines": [ 17.148599, 16.677114, 16.875738, 17.188449 ] }, { "date": "2025-04-18", "close": 16.910259, "volume": 93671538, "typical_volume": 92823767.65, "trend": 17.653049, "fair_value": 12.263512, "relative_strength": -6.822847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.343909, "energy": 22.343453, "activity_lines": [ 17.153195, 16.753934, 16.852383, 17.137109 ] }, { "date": "2025-04-25", "close": 16.457218, "volume": 77766499, "typical_volume": 92389786.95, "trend": 17.562915, "fair_value": 12.321193, "relative_strength": -9.925287, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.731285, "energy": 18.481619, "activity_lines": [ 16.953594, 16.746055, 16.786959, 17.059958 ] }, { "date": "2025-05-02", "close": 15.974632, "volume": 43322829, "typical_volume": 89747974.55, "trend": 17.415823, "fair_value": 12.377557, "relative_strength": -12.224276, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.672175, "energy": 26.154607, "activity_lines": [ 16.57409, 16.653298, 16.683243, 16.957489 ] }, { "date": "2025-05-09", "close": 16.417826, "volume": 48097237, "typical_volume": 86830625.9, "trend": 17.291289, "fair_value": 12.438786, "relative_strength": -11.550175, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.783791, "energy": 27.038268, "activity_lines": [ 16.444744, 16.641838, 16.629695, 16.893102 ] }, { "date": "2025-05-16", "close": 16.132212, "volume": 72642736, "typical_volume": 85754853.45, "trend": 17.176049, "fair_value": 12.501371, "relative_strength": -13.882088, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.224242, "energy": 42.658119, "activity_lines": [ 16.272064, 16.559467, 16.55979, 16.818322 ] }, { "date": "2025-05-23", "close": 16.043573, "volume": 45523441, "typical_volume": 84847293.45, "trend": 17.118381, "fair_value": 12.563756, "relative_strength": -13.959033, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.425378, "energy": 49.771838, "activity_lines": [ 16.160445, 16.451489, 16.496263, 16.74526 ] }, { "date": "2025-05-30", "close": 15.117792, "volume": 98817871, "typical_volume": 86571425.75, "trend": 17.01907, "fair_value": 12.62082, "relative_strength": -18.928712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.029182, "energy": 63.885191, "activity_lines": [ 15.798011, 16.176441, 16.35201, 16.616189 ] }, { "date": "2025-06-06", "close": 15.383708, "volume": 89908368, "typical_volume": 86446820.15, "trend": 16.895292, "fair_value": 12.678607, "relative_strength": -18.265506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.002936, "energy": 63.928805, "activity_lines": [ 15.613512, 15.968902, 16.2405, 16.510682 ] }, { "date": "2025-06-13", "close": 14.684449, "volume": 108641853, "typical_volume": 89516454.1, "trend": 16.78023, "fair_value": 12.72946, "relative_strength": -21.516679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.339618, "energy": 74.078286, "activity_lines": [ 15.235321, 15.672903, 16.073729, 16.368047 ] }, { "date": "2025-06-20", "close": 14.270802, "volume": 75492643, "typical_volume": 92839106.2, "trend": 16.683403, "fair_value": 12.777294, "relative_strength": -22.932722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.562721, "energy": 80.28935, "activity_lines": [ 14.834806, 15.347357, 15.882241, 16.206148 ] }, { "date": "2025-06-27", "close": 14.751455, "volume": 80229822, "typical_volume": 93840118.5, "trend": 16.603906, "fair_value": 12.824653, "relative_strength": -21.283684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.872981, "energy": 74.627687, "activity_lines": [ 14.718603, 15.167759, 15.752523, 16.081507 ] }, { "date": "2025-07-04", "close": 14.800923, "volume": 100868213, "typical_volume": 92583823.85, "trend": 16.495013, "fair_value": 12.873617, "relative_strength": -21.547763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.142756, "energy": 70.430329, "activity_lines": [ 14.70503, 15.036406, 15.637186, 15.965185 ] }, { "date": "2025-07-11", "close": 15.186776, "volume": 104676962, "typical_volume": 93305328.5, "trend": 16.413034, "fair_value": 12.923337, "relative_strength": -19.726562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.879796, "energy": 60.107387, "activity_lines": [ 14.841199, 15.005322, 15.567234, 15.880783 ] }, { "date": "2025-07-18", "close": 15.127415, "volume": 87227653, "typical_volume": 92298753.8, "trend": 16.294111, "fair_value": 12.971942, "relative_strength": -19.968351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.787834, "energy": 40.946907, "activity_lines": [ 14.970711, 14.97777, 15.495569, 15.79784 ] }, { "date": "2025-07-25", "close": 15.740822, "volume": 422391814, "typical_volume": 109466285.75, "trend": 16.177334, "fair_value": 13.023341, "relative_strength": -17.422809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.74502, "energy": 22.13303, "activity_lines": [ 15.27516, 15.085208, 15.483497, 15.762144 ] }, { "date": "2025-08-01", "close": 15.374756, "volume": 112639869, "typical_volume": 110284056.5, "trend": 16.102928, "fair_value": 13.069139, "relative_strength": -17.869877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.665461, "energy": 21.063951, "activity_lines": [ 15.359586, 15.133205, 15.435939, 15.710364 ] }, { "date": "2025-08-08", "close": 15.859546, "volume": 74928939, "typical_volume": 109820875.45, "trend": 16.075726, "fair_value": 13.117062, "relative_strength": -16.335435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.536909, "energy": 18.821993, "activity_lines": [ 15.564055, 15.281506, 15.438065, 15.694662 ] }, { "date": "2025-08-15", "close": 15.730927, "volume": 81011260, "typical_volume": 105664196.3, "trend": 16.007964, "fair_value": 13.165635, "relative_strength": -17.771643, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.658234, "energy": 19.086994, "activity_lines": [ 15.655076, 15.392936, 15.429427, 15.672417 ] }, { "date": "2025-08-22", "close": 15.97827, "volume": 162624070, "typical_volume": 109941213.6, "trend": 15.948336, "fair_value": 13.215363, "relative_strength": -18.625643, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.522083, "energy": 12.846063, "activity_lines": [ 15.792269, 15.543024, 15.452823, 15.670501 ] }, { "date": "2025-08-29", "close": 15.641885, "volume": 157077529, "typical_volume": 106878057.3, "trend": 15.882092, "fair_value": 13.265514, "relative_strength": -20.334785, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.95734, "energy": 14.139214, "activity_lines": [ 15.760609, 15.608426, 15.44998, 15.65073 ] }, { "date": "2025-09-05", "close": 15.147202, "volume": 98930145, "typical_volume": 107140987.65, "trend": 15.827591, "fair_value": 13.310037, "relative_strength": -21.249733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.075992, "energy": 11.107852, "activity_lines": [ 15.570651, 15.558958, 15.408832, 15.603318 ] }, { "date": "2025-09-12", "close": 15.345075, "volume": 85161760, "typical_volume": 107510750.7, "trend": 15.785267, "fair_value": 13.354048, "relative_strength": -20.603101, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.685454, "energy": 13.470632, "activity_lines": [ 15.46182, 15.538271, 15.394924, 15.572188 ] }, { "date": "2025-09-19", "close": 15.394544, "volume": 104518419, "typical_volume": 110570530.2, "trend": 15.764617, "fair_value": 13.400956, "relative_strength": -18.436539, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.98302, "energy": 18.061968, "activity_lines": [ 15.403778, 15.516685, 15.391023, 15.54698 ] }, { "date": "2025-09-26", "close": 16.205824, "volume": 188746557, "typical_volume": 117602996.2, "trend": 15.792349, "fair_value": 13.457854, "relative_strength": -13.655071, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.848872, "energy": 6.683807, "activity_lines": [ 15.638587, 15.638827, 15.467149, 15.575445 ] }, { "date": "2025-10-03", "close": 16.60157, "volume": 73238106, "typical_volume": 117632764.7, "trend": 15.825394, "fair_value": 13.516062, "relative_strength": -12.159855, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.576976, "energy": 30.458824, "activity_lines": [ 15.990142, 15.813315, 15.581975, 15.627653 ] }, { "date": "2025-10-10", "close": 17.492001, "volume": 114416904, "typical_volume": 121077437.85, "trend": 15.871377, "fair_value": 13.585504, "relative_strength": -7.135815, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.804147, "energy": 60.271375, "activity_lines": [ 16.574528, 16.13405, 15.779369, 15.735176 ] }, { "date": "2025-10-17", "close": 16.309999, "volume": 214737687, "typical_volume": 126873428.65, "trend": 15.87599, "fair_value": 13.646879, "relative_strength": -11.500277, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.958379, "energy": 52.487369, "activity_lines": [ 16.608593, 16.20138, 15.857294, 15.763474 ] }, { "date": "2025-10-24", "close": 16.68, "volume": 176018006, "typical_volume": 131178910.55, "trend": 15.848289, "fair_value": 13.712406, "relative_strength": -11.613428, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.935306, "energy": 54.609497, "activity_lines": [ 16.701664, 16.327793, 15.96478, 15.815346 ] }, { "date": "2025-10-31", "close": 17.66, "volume": 187044135, "typical_volume": 135099024.65, "trend": 15.86376, "fair_value": 13.781083, "relative_strength": -6.123797, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.973484, "energy": 69.699025, "activity_lines": [ 17.035705, 16.615131, 16.159426, 15.93223 ] }, { "date": "2025-11-07", "close": 19.450001, "volume": 351504239, "typical_volume": 148899604.45, "trend": 15.929049, "fair_value": 13.860866, "relative_strength": 2.561566, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.426337, "energy": 77.738625, "activity_lines": [ 17.869467, 17.197348, 16.51038, 16.163601 ] }, { "date": "2025-11-14", "close": 17.950001, "volume": 178262755, "typical_volume": 153801251.1, "trend": 15.963707, "fair_value": 13.932077, "relative_strength": -4.815122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.884829, "energy": 67.664258, "activity_lines": [ 18.013334, 17.437599, 16.693813, 16.293985 ] }, { "date": "2025-11-21", "close": 16.25, "volume": 131189754, "typical_volume": 155317328.15, "trend": 15.9568, "fair_value": 13.98324, "relative_strength": -9.959914, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.435044, "energy": 41.922611, "activity_lines": [ 17.56, 17.317799, 16.700111, 16.312455 ] }, { "date": "2025-11-28", "close": 16.790001, "volume": 108693843, "typical_volume": 155518172.2, "trend": 15.983979, "fair_value": 14.038479, "relative_strength": -7.938998, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.90828, "energy": 34.44158, "activity_lines": [ 17.290667, 17.279727, 16.750936, 16.36621 ] }, { "date": "2025-12-05", "close": 16.969999, "volume": 75295550, "typical_volume": 154921567.05, "trend": 16.002384, "fair_value": 14.092353, "relative_strength": -6.924705, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.640503, "energy": 18.608212, "activity_lines": [ 17.074, 17.249011, 16.81127, 16.429824 ] }, { "date": "2025-12-12", "close": 18.370001, "volume": 139023960, "typical_volume": 140753174.35, "trend": 16.076977, "fair_value": 14.156553, "relative_strength": 1.302499, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.88937, "energy": 23.109725, "activity_lines": [ 17.37, 17.458946, 16.996164, 16.582574 ] }, { "date": "2025-12-19", "close": 17.85, "volume": 114063220, "typical_volume": 140824341.9, "trend": 16.137191, "fair_value": 14.21877, "relative_strength": -1.200721, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.771445, "energy": 28.616138, "activity_lines": [ 17.564667, 17.542182, 17.119013, 16.696962 ] }, { "date": "2025-12-26", "close": 18.0, "volume": 93237331, "typical_volume": 141739761.5, "trend": 16.233265, "fair_value": 14.283485, "relative_strength": -1.756112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.285172, "energy": 35.139549, "activity_lines": [ 17.816, 17.646182, 17.244362, 16.817144 ] }, { "date": "2026-01-02", "close": 17.35, "volume": 59192569, "typical_volume": 140648826.95, "trend": 16.298808, "fair_value": 14.345138, "relative_strength": -4.987781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.513366, "energy": 33.228303, "activity_lines": [ 17.734, 17.601273, 17.297613, 16.889191 ] }, { "date": "2026-01-09", "close": 18.99, "volume": 165233961, "typical_volume": 140779321.5, "trend": 16.442327, "fair_value": 14.420376, "relative_strength": 0.442032, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.045124, "energy": 45.893078, "activity_lines": [ 18.161333, 17.842364, 17.499344, 17.062816 ] }, { "date": "2026-01-16", "close": 20.690001, "volume": 297511248, "typical_volume": 147801007.45, "trend": 16.6563, "fair_value": 14.504422, "relative_strength": 10.128632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.777444, "energy": 68.20509, "activity_lines": [ 19.020667, 18.368364, 17.848639, 17.33686 ] }, { "date": "2026-01-23", "close": 22.35, "volume": 458382806, "typical_volume": 165773640.5, "trend": 16.909585, "fair_value": 14.596162, "relative_strength": 18.008489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.510576, "energy": 81.652875, "activity_lines": [ 20.278667, 19.173637, 18.33199, 17.704195 ] }, { "date": "2026-01-30", "close": 21.18, "volume": 200683130, "typical_volume": 171549709.0, "trend": 17.122221, "fair_value": 14.67948, "relative_strength": 12.457809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.953153, "energy": 79.751843, "activity_lines": [ 20.846667, 19.686182, 18.669614, 17.979706 ] }, { "date": "2026-02-06", "close": 21.09, "volume": 169401551, "typical_volume": 174793865.6, "trend": 17.318995, "fair_value": 14.760808, "relative_strength": 13.370981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.651467, "energy": 79.058692, "activity_lines": [ 21.172667, 20.092727, 18.970881, 18.235692 ] }, { "date": "2026-02-13", "close": 21.9, "volume": 122148618, "typical_volume": 171463968.65, "trend": 17.544748, "fair_value": 14.84911, "relative_strength": 17.052646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.298279, "energy": 80.0063, "activity_lines": [ 21.519333, 20.568364, 19.32217, 18.531241 ] }, { "date": "2026-02-27", "close": 22.809999, "volume": 135002229, "typical_volume": 174552174.8, "trend": 17.780387, "fair_value": 14.940298, "relative_strength": 19.179719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.155518, "energy": 77.221457, "activity_lines": [ 21.975333, 21.119818, 19.73301, 18.870934 ] }, { "date": "2026-03-06", "close": 25.02, "volume": 298054705, "typical_volume": 183734064.85, "trend": 18.101895, "fair_value": 15.046819, "relative_strength": 31.164507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.873268, "energy": 81.465622, "activity_lines": [ 23.026666, 21.992364, 20.324762, 19.338006 ] }, { "date": "2026-03-13", "close": 23.040001, "volume": 259853670, "typical_volume": 185989864.0, "trend": 18.341243, "fair_value": 15.139296, "relative_strength": 21.130175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.265386, "energy": 63.468337, "activity_lines": [ 23.24, 22.374546, 20.692095, 19.656593 ] }, { "date": "2026-03-20", "close": 21.030001, "volume": 149243521, "typical_volume": 184651139.75, "trend": 18.517879, "fair_value": 15.213607, "relative_strength": 14.144829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.723998, "energy": 51.156804, "activity_lines": [ 22.659334, 22.299637, 20.835953, 19.830062 ] }, { "date": "2026-03-27", "close": 21.049999, "volume": 127444370, "typical_volume": 181671151.5, "trend": 18.686937, "fair_value": 15.288906, "relative_strength": 15.245788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.82622, "energy": 38.381857, "activity_lines": [ 22.089333, 22.161455, 20.961, 19.993424 ] }, { "date": "2026-04-03", "close": 19.91, "volume": 87197373, "typical_volume": 168455808.2, "trend": 18.829207, "fair_value": 15.356406, "relative_strength": 9.991672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.869005, "energy": 21.341142, "activity_lines": [ 21.196, 21.778545, 20.961333, 20.072332 ] }, { "date": "2026-04-10", "close": 20.790001, "volume": 80480507, "typical_volume": 163566695.8, "trend": 19.017301, "fair_value": 15.42838, "relative_strength": 11.763077, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.696668, "energy": 23.703569, "activity_lines": [ 20.789334, 21.569818, 21.043286, 20.198834 ] }, { "date": "2026-04-17", "close": 19.91, "volume": 182047350, "typical_volume": 166109575.6, "trend": 19.169465, "fair_value": 15.496985, "relative_strength": 5.521738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.154847, "energy": 19.583966, "activity_lines": [ 20.371334, 21.229455, 21.027905, 20.256428 ] }, { "date": "2026-04-24", "close": 21.709677, "volume": 169800112, "typical_volume": 169164889.05, "trend": 19.379969, "fair_value": 15.577127, "relative_strength": 14.181239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.250685, "energy": 20.141221, "activity_lines": [ 20.761892, 21.239396, 21.166493, 20.420313 ] }, { "date": "2026-05-01", "close": 21.789053, "volume": 108316562, "typical_volume": 170815939.65, "trend": 19.566077, "fair_value": 15.655505, "relative_strength": 13.557167, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.494116, "energy": 14.039362, "activity_lines": [ 21.133598, 21.252502, 21.289214, 20.575737 ] }, { "date": "2026-05-08", "close": 21.451702, "volume": 87547772, "typical_volume": 168242130.25, "trend": 19.727748, "fair_value": 15.730554, "relative_strength": 9.867898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.283373, "energy": 19.669845, "activity_lines": [ 21.343584, 21.206289, 21.356858, 20.697391 ] }, { "date": "2026-05-15", "close": 21.421934, "volume": 192450137, "typical_volume": 172161476.1, "trend": 19.858746, "fair_value": 15.797366, "relative_strength": 10.775728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.58516, "energy": 23.645544, "activity_lines": [ 21.440866, 21.17936, 21.406993, 20.806693 ] }, { "date": "2026-05-22", "close": 21.094503, "volume": 122100785, "typical_volume": 173604648.8, "trend": 20.018229, "fair_value": 15.861219, "relative_strength": 9.52667, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.458751, "energy": 19.559165, "activity_lines": [ 21.386876, 21.158318, 21.408934, 20.886419 ] }, { "date": "2026-05-29", "close": 21.064735, "volume": 140454211, "typical_volume": 177667730.9, "trend": 20.164387, "fair_value": 15.927338, "relative_strength": 10.388815, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.336674, "energy": 15.575721, "activity_lines": [ 21.243996, 21.167236, 21.393305, 20.953936 ] }, { "date": "2026-06-05", "close": 19.100149, "volume": 19654269, "typical_volume": 170388746.3, "trend": 20.212392, "fair_value": 15.980864, "relative_strength": 1.01463, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.579202, "energy": 11.637377, "activity_lines": [ 20.489251, 20.818325, 21.172883, 20.885275 ] }, { "date": "2026-06-12", "close": 18.346066, "volume": 20436950, "typical_volume": 156535031.4, "trend": 20.175594, "fair_value": 16.030661, "relative_strength": -3.066945, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.163653, "energy": 45.626062, "activity_lines": [ 19.662405, 20.367759, 20.880119, 20.764867 ] }, { "date": "2026-06-19", "close": 18.54451, "volume": 87240169, "typical_volume": 137977899.55, "trend": 20.195411, "fair_value": 16.077984, "relative_strength": -3.504148, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.553525, "energy": 59.375227, "activity_lines": [ 19.108749, 19.98171, 20.617416, 20.659636 ] }, { "date": "2026-06-26", "close": 17.34, "volume": 22725400, "typical_volume": 129080013.05, "trend": 20.231744, "fair_value": 16.119183, "relative_strength": -8.377317, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.327419, "energy": 71.487296, "activity_lines": [ 18.345418, 19.417486, 20.258119, 20.475416 ] }, { "date": "2026-07-03", "close": 17.690001, "volume": 23441004, "typical_volume": 121781985.7, "trend": 20.261744, "fair_value": 16.156913, "relative_strength": -6.931986, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.887354, "energy": 70.56061, "activity_lines": [ 17.949054, 18.963625, 19.950441, 20.311432 ] }, { "date": "2026-07-10", "close": 16.49, "volume": 80720447, "typical_volume": 119710577.15, "trend": 20.245744, "fair_value": 16.18904, "relative_strength": -12.165563, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.62076, "energy": 84.918735, "activity_lines": [ 17.377673, 18.364668, 19.544668, 20.068094 ] }, { "date": "2026-07-17", "close": 18.15, "volume": 115737199, "typical_volume": 118747325.65, "trend": 20.238411, "fair_value": 16.229289, "relative_strength": 2.427546, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.743701, "energy": 72.302116, "activity_lines": [ 17.533634, 18.163875, 19.322753, 19.932885 ] }, { "date": "2026-07-24", "close": 18.629999, "volume": 187913197, "typical_volume": 113240250.25, "trend": 20.264411, "fair_value": 16.274519, "relative_strength": 3.501397, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.537971, "energy": 47.55998, "activity_lines": [ 17.862666, 18.110386, 19.168741, 19.829116 ] }, { "date": "2026-07-31", "close": 19.719999, "volume": 158708181, "typical_volume": 108182975.8, "trend": 20.321744, "fair_value": 16.325876, "relative_strength": 8.701481, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.718155, "energy": 29.922951, "activity_lines": [ 18.549333, 18.305841, 19.148968, 19.793993 ] }, { "date": "2026-08-07", "close": 20.469999, "volume": 179827524, "typical_volume": 109712175.95, "trend": 20.425744, "fair_value": 16.384621, "relative_strength": 9.35975, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.676758, "energy": 20.743031, "activity_lines": [ 19.327333, 18.662651, 19.216433, 19.803558 ] } ], "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." } } }